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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Oct. 31, 2021
Nov. 01, 2020
Cash flows from operating activities:    
Net earnings $ 261 $ 309
Adjustments to reconcile net earnings to operating cash flow    
Stock-based compensation 14 16
Pension and postretirement benefit income (9) (20)
Depreciation and amortization 83 76
Deferred income taxes 20 25
Other 22 22
Changes in working capital    
Accounts receivable (137) (189)
Inventories (40) (38)
Prepaid assets (5) 8
Accounts payable and accrued liabilities 87 (28)
Other (8) (1)
Net cash provided by operating activities 288 180
Cash flows from investing activities:    
Purchases of plant assets (69) (74)
Purchases of route businesses 0 (1)
Sales of route businesses 1 3
Net cash used in investing activities (68) (72)
Cash flows from financing activities:    
Short-term borrowings, including commercial paper 371 0
Short-term repayments, including commercial paper (395) (123)
Dividends paid (116) (108)
Treasury stock purchases (63) 0
Treasury stock issuances 1 0
Payments related to tax withholding for stock-based compensation (17) (13)
Other (1) (1)
Net cash used in financing activities (220) (245)
Effect of exchange rate changes on cash 0 0
Net change in cash and cash equivalents 0 (137)
Cash and cash equivalents - beginning of period 69 859
Cash and cash equivalents - end of period $ 69 $ 722