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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jan. 28, 2023
Jan. 29, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income including noncontrolling interests $ 89 $ 145
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 147 138
Share-based compensation 23 23
(Gain) loss on sale of property and equipment (9) 1
Closed property and other restructuring charges 0 1
Net pension and other postretirement benefit income (14) (20)
Deferred income tax expense 1 0
LIFO charge 50 30
Provision for losses on receivables (3) 1
Non-cash interest expense and other adjustments 8 15
Changes in operating assets and liabilities (22) (291)
Net cash provided by operating activities 270 43
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for capital expenditures (151) (106)
Proceeds from dispositions of assets 12 3
Payments for investments (4) (26)
Net cash used in investing activities (143) (129)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings under revolving credit line 1,944 2,521
Repayments of borrowings under revolving credit line (1,861) (2,232)
Repayments of long-term debt and finance leases (143) (168)
Repurchases of common stock (29) 0
Proceeds from the issuance of common stock and exercise of stock options 0 9
Payments of employee restricted stock tax withholdings (39) (35)
Payments for debt issuance costs 0 (1)
Distributions to noncontrolling interests (2) (3)
Repayments of other loans (1) 0
Net cash (used in) provided by financing activities (131) 91
EFFECT OF EXCHANGE RATE ON CASH 0 0
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (4) 5
Cash and cash equivalents, at beginning of period 44 40
Cash and cash equivalents, at end of period 40 45
Supplemental disclosures of cash flow information:    
Cash paid for interest 65 67
Cash payments for federal, state, and foreign income taxes, net 3 0
Leased assets obtained in exchange for new operating lease liabilities 133 123
Leased assets obtained in exchange for new finance lease liabilities 0 1
Additions of property and equipment included in Accounts payable $ 31 $ 16