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BUSINESS SEGMENTS (Tables) | 12 Months Ended
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Aug. 02, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following tables provide financial information for each reportable segment and Corporate and Other, along with a reconciliation to (Loss) income before income taxes:
| 2025
(in millions) | Natural |  | Conventional |  | Retail |  | Corporate and Other |  | Consolidated Totals
Net sales (revenues from external customers) | $ | 15,964 |  |  | $ | 13,478 |  |  | $ | 2,342 |  |  | $ | — |  |  | $ | 31,784 |
Intersegment Net sales | 53 |  |  | 1,189 |  |  | — |  |  | — |  |  | 1,242 |
| 16,017 |  |  | 14,667 |  |  | 2,342 |  |  | — |  |  | $ | 33,026 |
Elimination of intersegment Net sales |  |  |  |  |  |  |  |  | (1,242) |
Net sales |  |  |  |  |  |  |  |  | $ | 31,784 |
Less: |  |  |  |  |  |  |  |  |
Cost of sales(1) | 13,904 |  |  | 13,137 |  |  | 1,746 |  |  | — |  |  |
Distribution expenses(1) | 1,263 |  |  | 1,003 |  |  | — |  |  | — |  |  |
Other(2) | 408 |  |  | 353 |  |  | 590 |  |  | 70 |  |  |
Adjusted EBITDA | 442 |  |  | 174 |  |  | 6 |  |  | (70) |  |  | $ | 552 |
Adjustments: |  |  |  |  |  |  |  |  |
Net income attributable to noncontrolling interests |  |  |  |  |  |  |  |  | 3 |
Net periodic benefit income, excluding service cost |  |  |  |  |  |  |  |  | 20 |
Interest expense, net |  |  |  |  |  |  |  |  | (146) |
Other income, net |  |  |  |  |  |  |  |  | 3 |
Depreciation and amortization |  |  |  |  |  |  |  |  | (321) |
Share-based compensation |  |  |  |  |  |  |  |  | (43) |
LIFO benefit |  |  |  |  |  |  |  |  | 2 |
Restructuring, acquisition, and integration related expenses |  |  |  |  |  |  |  |  | (94) |
Loss on sale of assets and other asset charges |  |  |  |  |  |  |  |  | (42) |
Business transformation costs |  |  |  |  |  |  |  |  | (47) |
Cybersecurity incident |  |  |  |  |  |  |  |  | (26) |
Other adjustments |  |  |  |  |  |  |  |  | (15) |
Loss before income taxes |  |  |  |  |  |  |  |  | $ | (154) |
Other Segment Disclosures: |  |  |  |  |  |  |  |  |
Depreciation and amortization | $ | 103 |  |  | $ | 178 |  |  | $ | 36 |  |  | $ | 4 |  |  | $ | 321 |
Payments for capital expenditures | $ | 164 |  |  | $ | 43 |  |  | $ | 20 |  |  | $ | 4 |  |  | $ | 231 |
(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. (2)Other segment items for each reportable segment include: •Natural and Conventional – other operating costs such as selling, general and administrative expenses and certain allocated corporate costs •Retail – other operating costs such as store compensation and occupancy costs, selling and administrative expenses as well as an adjustment for Net income attributable to noncontrolling interests, which is excluded from Adjusted EBITDA
| 2024(1)
(in millions) | Natural |  | Conventional |  | Retail |  | Corporate and Other |  | Consolidated Totals
Net sales (revenues from external customers) | $ | 14,869 |  |  | $ | 13,675 |  |  | $ | 2,436 |  |  | $ | — |  |  | $ | 30,980 |
Intersegment Net sales | 79 |  |  | 1,271 |  |  | — |  |  | — |  |  | 1,350 |
| 14,948 |  |  | 14,946 |  |  | 2,436 |  |  | — |  |  | $ | 32,330 |
Elimination of intersegment Net sales |  |  |  |  |  |  |  |  | (1,350) |
Net sales |  |  |  |  |  |  |  |  | $ | 30,980 |
Less: |  |  |  |  |  |  |  |  |
Cost of sales(2) | 12,939 |  |  | 13,368 |  |  | 1,815 |  |  | — |  |  |
Distribution expenses(2) | 1,230 |  |  | 1,009 |  |  | — |  |  | — |  |  |
Other(3) | 429 |  |  | 350 |  |  | 613 |  |  | 59 |  |  |
Adjusted EBITDA | 350 |  |  | 219 |  |  | 8 |  |  | (59) |  |  | $ | 518 |
Adjustments: |  |  |  |  |  |  |  |  |
Net income attributable to noncontrolling interests |  |  |  |  |  |  |  |  | 2 |
Net periodic benefit income, excluding service cost |  |  |  |  |  |  |  |  | 15 |
Interest expense, net |  |  |  |  |  |  |  |  | (162) |
Other income, net |  |  |  |  |  |  |  |  | 2 |
Depreciation and amortization |  |  |  |  |  |  |  |  | (319) |
Share-based compensation |  |  |  |  |  |  |  |  | (37) |
LIFO charge |  |  |  |  |  |  |  |  | (7) |
Restructuring, acquisition, and integration related expenses |  |  |  |  |  |  |  |  | (36) |
Loss on sale of assets and other asset charges |  |  |  |  |  |  |  |  | (57) |
Business transformation costs |  |  |  |  |  |  |  |  | (52) |
Other adjustments |  |  |  |  |  |  |  |  | (4) |
Loss before income taxes |  |  |  |  |  |  |  |  | $ | (137) |
Other Segment Disclosures: |  |  |  |  |  |  |  |  |
Depreciation and amortization | $ | 101 |  |  | $ | 172 |  |  | $ | 35 |  |  | $ | 11 |  |  | $ | 319 |
Payments for capital expenditures | $ | 171 |  |  | $ | 140 |  |  | $ | 24 |  |  | $ | 10 |  |  | $ | 345 |
(1)Effective for the fourth quarter of fiscal 2025, the Company updated its segment reporting structure as described above. Prior periods have been recast to conform to the Company’s new reportable operating segments and current allocation methodology. There was no impact to the Company’s consolidated results. (2)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. (3)Other segment items for each reportable segment include: •Natural and Conventional – other operating costs such as selling, general and administrative expenses and certain allocated corporate costs •Retail – other operating costs such as store compensation and occupancy costs, selling and administrative expenses as well as an adjustment for Net income attributable to noncontrolling interests, which is excluded from Adjusted EBITDA
| 2023(1)
(in millions) | Natural |  | Conventional |  | Retail |  | Corporate and Other |  | Consolidated Totals
Net sales (revenues from external customers) | $ | 14,094 |  |  | $ | 13,698 |  |  | $ | 2,480 |  |  | $ | — |  |  | $ | 30,272 |
Intersegment Net sales | 70 |  |  | 1,331 |  |  | — |  |  | — |  |  | 1,401 |
| 14,164 |  |  | 15,029 |  |  | 2,480 |  |  | — |  |  | $ | 31,673 |
Elimination of intersegment Net sales |  |  |  |  |  |  |  |  | (1,401) |
Net sales |  |  |  |  |  |  |  |  | $ | 30,272 |
Less: |  |  |  |  |  |  |  |  |
Cost of sales(2) | 12,215 |  |  | 13,389 |  |  | 1,815 |  |  | — |  |  |
Distribution expenses(2) | 1,217 |  |  | 1,022 |  |  | — |  |  | — |  |  |
Other(3) | 404 |  |  | 317 |  |  | 593 |  |  | 61 |  |  |
Adjusted EBITDA | 328 |  |  | 301 |  |  | 72 |  |  | (61) |  |  | $ | 640 |
Adjustments: |  |  |  |  |  |  |  |  |
Net income attributable to noncontrolling interests |  |  |  |  |  |  |  |  | 6 |
Net periodic benefit income, excluding service cost |  |  |  |  |  |  |  |  | 29 |
Interest expense, net |  |  |  |  |  |  |  |  | (144) |
Other income, net |  |  |  |  |  |  |  |  | 2 |
Depreciation and amortization |  |  |  |  |  |  |  |  | (304) |
Share-based compensation |  |  |  |  |  |  |  |  | (38) |
LIFO charge |  |  |  |  |  |  |  |  | (119) |
Restructuring, acquisition, and integration related expenses |  |  |  |  |  |  |  |  | (8) |
Loss on sale of assets and other asset charges |  |  |  |  |  |  |  |  | (30) |
Multi-employer pension plan withdrawal (charges) benefit |  |  |  |  |  |  |  |  | (1) |
Other retail expense |  |  |  |  |  |  |  |  | (1) |
Business transformation costs |  |  |  |  |  |  |  |  | (25) |
Income before income taxes |  |  |  |  |  |  |  |  | $ | 7 |
Other Segment Disclosures: |  |  |  |  |  |  |  |  |
Depreciation and amortization | $ | 96 |  |  | $ | 168 |  |  | $ | 36 |  |  | $ | 4 |  |  | $ | 304 |
Payments for capital expenditures | $ | 110 |  |  | $ | 177 |  |  | $ | 34 |  |  | $ | 2 |  |  | $ | 323 |
(1)Effective for the fourth quarter of fiscal 2025, the Company updated its segment reporting structure as described above. Prior periods have been recast to conform to the Company’s new reportable operating segments and current allocation methodology. There was no impact to the Company’s consolidated results. (2)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. (3)Other segment items for each reportable segment include: •Natural and Conventional – other operating costs such as selling, general and administrative expenses and certain allocated corporate costs •Retail – other operating costs such as store compensation and occupancy costs, selling and administrative expenses as well as an adjustment for Net income attributable to noncontrolling interests, which is excluded from Adjusted EBITDA

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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