Leases (Tables)

12 Months Ended

Aug. 02, 2020

Leases [Abstract]

Lease, Cost

The components of lease costs were as follows:

	2020
	Nine Months Ended
Operating lease cost	$	81
Finance lease - amortization of ROU assets	2
Short-term lease cost	39
Variable lease cost(1)	172
Sublease income	(3)
Total	$	291

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⁽¹⁾Includes labor and other overhead included in our service contracts with embedded leases.

Schedule of Leases Reported in Balance Sheet [Table]

The following table summarizes the lease amounts recorded in the Consolidated Balance Sheet:

	August 2, 2020
	Operating		Finance
Assets
Plant assets, net of depreciation	$	—	$	10
Other assets	254		—
Total lease assets	$	254	$	10
Liabilities
Short-term borrowings	$	—	$	3
Accrued liabilities	67		—
Long-term debt	—		7
Other liabilities	184		—
Total lease liabilities	$	251	$	10

Weighted Average Lease Information [Table]

Weighted-average lease terms and discount rates were as follows:

	August 2, 2020
	Operating		Finance
Weighted-average remaining term in years	6.7		3.0
Weighted-average discount rate	2.6	%	1.8	%

Lessee, Operating Lease, Liability, Maturity

Future minimum lease payments are as follows:

	August 2, 2020
	Operating		Finance
2021	$	73	$	3
2022	42		4
2023	36		3
2024	27		—
2025	22		—
Thereafter	77		—
Total future undiscounted lease payments	277		10
Less imputed interest	26		—
Total reported lease liability	$	251	$	10

Finance Lease, Liability, Fiscal Year Maturity

Future minimum lease payments are as follows:

	August 2, 2020
	Operating		Finance
2021	$	73	$	3
2022	42		4
2023	36		3
2024	27		—
2025	22		—
Thereafter	77		—
Total future undiscounted lease payments	277		10
Less imputed interest	26		—
Total reported lease liability	$	251	$	10

Schedule of Supplemental Cash Flow Information Related to Leases [Table]

Supplemental cash flow and other information related to leases was as follows:

	2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	79
Financing cash flows from finance leases	$	2
ROU assets obtained in exchange for lease obligations:
Operating leases	$	88
Finance leases	$	10
ROU assets divested with businesses sold:
Operating leases	$	18
Finance leases	$	5
Lease liabilities derecognized upon adoption:
Build-to-suit lease commitment	$	20