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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Jul. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
NOTE 5—PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following:
(in millions)Original
Estimated
Useful Lives
20222021
Land $137 $138 
Buildings and improvements
10 - 40 years
998 1,020 
Leasehold improvements
10 - 20 years
241 177 
Equipment
3 - 25 years
1,130 980 
Motor vehicles
5 - 8 years
66 70 
Finance lease assets
1 - 9 years
58 144 
Construction in progress 140 209 
Property and equipment 2,770 2,738 
Less accumulated depreciation and amortization 1,080 954 
Property and equipment, net $1,690 $1,784 

The Company capitalized $4 million, $3 million, and $5 million of interest during fiscal 2022, 2021 and 2020, respectively.

Depreciation and amortization expense on property and equipment was $213 million, $209 million and $198 million for fiscal 2022, 2021 and 2020, respectively.