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REVENUE RECOGNITION (Tables)

12 Months Ended

Aug. 01, 2020

Revenue Recognition and Deferred Revenue [Abstract]

The following tables detail the Company’s net sales for the periods presented by customer channel for each of its segments. The Company does not record its revenues within its wholesale reportable segment for financial reporting purposes by product group, and it is therefore impracticable for it to report them accordingly.



(in millions)	Net Sales for Fiscal 2020 (52 weeks)
Customer Channel	Wholesale		Retail		Other		Eliminations			Consolidated
Chains	$	11,982	$	—	$	—	$	(1,319	)	$	10,663
Independent retailers	6,699		—		—		—			6,699
Supernatural	4,720		—		—		—			4,720
Retail	—		2,331		—		—			2,331
Other	2,095		—		228		(222		)	2,101
Total	$	25,496	$	2,331	$	228	$	(1,541	)	$	26,514



(in millions)	Net Sales for Fiscal 2019⁽¹⁾ (53 weeks)
Customer Channel	Wholesale		Retail		Other		Eliminations			Consolidated
Chains	$	9,749	$	—	$	—	$	(937	)	$	8,812
Independent retailers	5,536		—		—		—			5,536
Supernatural	4,394		—		—		—			4,394
Retail	—		1,653		—		—			1,653
Other	1,851		—		235		(174		)	1,912
Total	$	21,530	$	1,653	$	235	$	(1,111	)	$	22,307



(in millions)	Net Sales for Fiscal 2018⁽¹⁾(52 weeks)
Customer Channel	Wholesale		Other		Eliminations			Consolidated
Chains	$	3,299	$	—	$	—		$	3,299
Supernatural	3,758		—		—			3,758
Independent retailers	2,100		—		—			2,100
Other	1,014		228		(172		)	1,070
Total	$	10,171	$	228	$	(172	)	$	10,227

(1)

Certain prior period amounts in the above tables have been reclassified to conform with the Company’s current sales channel presentation.

Schedule of Accounts, Notes, Loans and Financing Receivable

The allowance for uncollectible receivables, and estimated variable consideration allowed for as sales concessions consists of the following:



(in thousands)	2020			2019			2018
Balance at beginning of year	$	20,725		$	15,996		$	14,509
Additions charged to operating expenses	37,849			9,749			12,006
Reductions of net sales	12,470			7,061			—
Deductions	(15,116		)	(12,081		)	(10,519		)
Balance at end of year	$	55,928		$	20,725		$	15,996

Accounts and notes receivable are as follows:



(in thousands)	August 1, 2020			August 3, 2019
Customer accounts receivable	$	1,156,694		$	1,064,502
Allowance for uncollectible receivables	(55,928		)	(20,725		)
Other receivables, net	19,433			23,235
Accounts receivable, net	$	1,120,199		$	1,067,012

Notes receivable, net, included within Prepaid expenses and other current assets	$	49,268		$	11,912
Long-term notes receivable, net, included within Other assets	$	25,800		$	34,408