XML 140 R116.htm IDEA: XBRL DOCUMENT v3.23.3
INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Jul. 29, 2023
Jul. 30, 2022
Deferred tax assets:    
Compensation and benefits related $ 29 $ 50
Accounts receivable, principally due to allowances for uncollectible accounts 4 4
Accrued expenses 52 37
Net operating loss carryforwards 10 14
Other tax carryforwards (interest, charitable contributions) 32 15
Foreign tax credits 1 1
Intangible assets 50 50
Lease liabilities 333 319
Other deferred tax assets 6 0
Total gross deferred tax assets 517 490
Less valuation allowance (7) (5)
Net deferred tax assets 510 485
Deferred tax liabilities:    
Plant and equipment, principally due to differences in depreciation 141 159
Inventories 15 29
Lease right of use assets 317 304
Interest rate swap agreements 5 1
Total deferred tax liabilities 478 493
Deferred tax assets $ 32  
Deferred tax liabilities   $ (8)