Accumulated Other Comprehensive Income (Loss)

9 Months Ended

May 03, 2015

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income (Loss)

The components of Accumulated other comprehensive income (loss) consisted of the following:

	Foreign Currency Translation Adjustments(1)			Gains (Losses) on Cash Flow Hedges(2)			Pension and Postretirement Benefit Plan Adjustments(3)			Total Accumulated Comprehensive Income (Loss)
Balance at August 3, 2014	$	137		$	(3	)	$	(703	)	$	(569	)
Other comprehensive income (loss) before reclassifications	(237		)	(13		)	9			(241		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			—			45			45
Net current-period other comprehensive income (loss)	(237		)	(13		)	54			(196		)
Balance at May 3, 2015	$	(100	)	$	(16	)	$	(649	)	$	(765	)

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⁽¹⁾  Included a tax expense of $6 as of May 3, 2015, and $7 as of August 3, 2014.

⁽²⁾  Included a tax benefit of $9 as of May 3, 2015, and $1 as of August 3, 2014.

⁽³⁾  Included a tax benefit of $376 as of May 3, 2015, and $405 as of August 3, 2014.

Amounts related to noncontrolling interests were not material.

The amounts reclassified from Accumulated other comprehensive income (loss) consisted of the following:

	Three Months Ended						Nine Months Ended
Details about Accumulated Other Comprehensive Income (Loss) Components	May 3, 2015			April 27, 2014			May 3, 2015			April 27, 2014			Location of (Gain) Loss Recognized in Earnings
(Gains) losses on cash flow hedges:
Foreign exchange forward contracts	$	(2	)	$	(1	)	$	(2	)	$	(2	)	Cost of products sold
Foreign exchange forward contracts	—			1			(1		)	—			Other expenses / (income)
Forward starting interest rate swaps	1			1			3			3			Interest expense
Total before tax	(1		)	1			—			1
Tax expense (benefit)	—			—			—			—
(Gain) loss, net of tax	$	(1	)	$	1		$	—		$	1
Pension and postretirement benefit adjustments:
Prior service credit	$	(1	)	$	(1	)	$	(2	)	$	(2	)	(1)
Net actuarial losses	24			40			72			87			(1)
Total before tax	23			39			70			85
Tax expense (benefit)	(9		)	(14		)	(25		)	(30		)
(Gain) loss, net of tax	$	14		$	25		$	45		$	55

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⁽¹⁾  In 2014, net actuarial losses of $2 were recognized in Earnings (loss) from discontinued operations as a result of the sale of the European simple meals business. Excluding the net actuarial losses related to the sale of the business in 2014, these items are included in the components of net periodic benefit costs (see Note 11 for additional details).

In 2014, a pre-tax loss of $22 ($19 after tax) on foreign currency translation adjustments was also reclassified from Accumulated other comprehensive income. The loss was related to the divestiture of the European simple meals business and was included in Earnings (loss) from discontinued operations.