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COMPREHENSIVE LOSS AND ACCUMULATED OTHER COMPREHENSIVE LOSS
3 Months Ended
Nov. 01, 2025
Equity [Abstract]  
COMPREHENSIVE LOSS AND ACCUMULATED OTHER COMPREHENSIVE LOSS
NOTE 10—COMPREHENSIVE LOSS AND ACCUMULATED OTHER COMPREHENSIVE LOSS

Changes in Accumulated other comprehensive loss by component, net of tax, for the first quarter of fiscal 2026 were as follows:
(in millions)Other Cash Flow DerivativesBenefit PlansForeign Currency TranslationSwap AgreementsTotal
Accumulated other comprehensive loss at August 2, 2025$— $(16)$(23)$(3)$(42)
Other comprehensive loss before reclassifications— — (1)— (1)
Amortization of cash flow hedges— — (1)— 
Net current period Other comprehensive income (loss)— (1)(1)(1)
Accumulated other comprehensive income (loss) at November 1, 2025$$(16)$(24)$(4)$(43)

Changes in Accumulated other comprehensive loss by component, net of tax, for the first quarter of fiscal 2025 were as follows:
(in millions)Other Cash Flow DerivativesBenefit PlansForeign Currency TranslationSwap AgreementsTotal
Accumulated other comprehensive loss at August 3, 2024$— $(22)$(24)$(1)$(47)
Other comprehensive income before reclassifications— — 
Amortization of cash flow hedges(1)— — (3)(4)
Net current period Other comprehensive income— — — 
Accumulated other comprehensive (loss) income at November 2, 2024$— $(22)$(24)$$(45)

Items reclassified out of Accumulated other comprehensive loss had the following impact on the Condensed Consolidated Statements of Operations:
13-Week Period EndedAffected Line Item on the Condensed Consolidated Statements of Operations
(in millions)November 1,
2025
November 2,
2024
Swap agreements:
Reclassification of cash flow hedges$(1)$(4)Interest expense, net
Income tax expense— Benefit for income taxes
Total reclassifications, net of tax$(1)$(3)
Other cash flow hedges:
Reclassification of cash flow hedge$$(1)Cost of sales
Income tax expense — — Benefit for income taxes
Total reclassifications, net of tax$$(1)

As of November 1, 2025, the Company expects to reclassify $1 million related to unrealized derivative losses out of Accumulated other comprehensive loss and primarily into Interest expense, net during the following twelve-month period.