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Supplemental Financial Statement Data (Tables)
12 Months Ended
Jul. 31, 2022
Disclosure Text Block Supplement [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
(Millions)20222021
Accounts receivable
Customer accounts receivable$502 $556 
Allowances(12)(12)
Subtotal$490 $544 
Other51 51 
$541 $595 
Schedule of Inventory, Current [Table Text Block]
(Millions)20222021
Inventories
Raw materials, containers and supplies$390 $321 
Finished products856 612 
$1,246 $933 
Property, Plant and Equipment [Table Text Block]
(Millions)20222021
Plant assets
Land$74 $75 
Buildings1,531 1,493 
Machinery and equipment3,932 3,732 
Projects in progress141 189 
Total cost$5,678 $5,489 
Accumulated depreciation(1)
(3,335)(3,119)
$2,343 $2,370 
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(1)Depreciation expense was $296 million in 2022, $275 million in 2021 and $285 million in 2020. Buildings are depreciated over periods ranging from 7 to 45 years. Machinery and equipment are depreciated over periods generally ranging from 2 to 20 years.
Schedule of Other Assets, Noncurrent [Table Text Block]
(Millions)20222021
Other assets
Operating lease ROU assets, net of amortization$239 $235 
Pension146 190 
Other24 24 
$409 $449 
Schedule of Accrued Liabilities [Table Text Block]
(Millions)20222021
Accrued liabilities
Accrued compensation and benefits$216 $203 
Fair value of derivatives34 
Accrued trade and consumer promotion programs141 121 
Accrued interest64 70 
Restructuring7 
Operating lease liabilities62 54 
Other97 119 
$621 $576 
Other Noncurrent Liabilities [Table Text Block]
(Millions)20222021
Other liabilities
Pension benefits$107 $142 
Postretirement benefits153 199 
Operating lease liabilities177 180 
Deferred compensation81 92 
Unrecognized tax benefits15 20 
Other70 72 
$603 $705 
Schedule Of Statements Of Earnings Supplemental Disclosures [Table Text Block]
Statements of Earnings
(Millions)202220212020
Other expenses / (income)
Amortization of intangible assets$41 $42 $43 
Net periodic benefit expense (income) other than the service cost(23)(285)73 
Investment losses(1)
 — 49 
Loss on sales of businesses(2)
 11 64 
Transition services fees (27)(10)
Other3 
$21 $(254)$221 
Advertising and consumer promotion expense(3)
$314 $399 $463 
Interest expense(4)
Interest expense
$191 $214 $350 
Less: Interest capitalized2 
$189 $210 $345 
____________________________________ 
(1)2020 includes a loss of $45 million related to Acre. See Note 14 for additional information.
(2)In 2021, we recognized a loss of $11 million on the sale of the Plum baby food and snacks business. In 2020, we recognized a loss of $64 million on the sale of the European chips business. See Note 3 for additional information.
(3)Included in Marketing and selling expenses.
(4)In 2022, we recognized a loss of $4 million (including $3 million of premium and other costs) on the extinguishment of debt. In 2020, we recognized a loss of $75 million (including $65 million of premium, fees and other costs paid with the tender offers and unamortized debt issuance costs). See Note 12 for additional information.
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] Statements of Cash Flows
(Millions)202220212020
Cash Flows from Operating Activities
Other non-cash charges to net earnings
Operating lease ROU asset expense
$74 $75 $75 
Amortization of debt issuance costs/debt discount5 
Benefit related expense3 12 12 
Other6 (7)
$88 $86 $101 
Other
Benefit related payments$(45)$(49)$(53)
Other3 (6)
$(42)$(47)$(59)
Other Cash Flow Information
Interest paid$188 $214 $287 
Interest received$1 $$
Income taxes paid$196 $212 $222