XML 37 R26.htm IDEA: XBRL DOCUMENT v3.22.4
Restructuring Charges and Cost Savings Initiatives (Tables) - 2015 and Snyder's-Lance Initiatives [Member]
6 Months Ended
Jan. 29, 2023
Schedule Of Pre-Tax Charge And Remaining Costs [Table Text Block]
A summary of the pre-tax charges recognized in the Consolidated Statements of Earnings related to these initiatives is as follows:
Three Months EndedSix Months Ended
(Millions)January 29, 2023January 30, 2022January 29, 2023January 30, 2022
Recognized as of January 29, 2023
Restructuring charges$9 $— $9 $— $273 
Administrative expenses5 8 367 
Cost of products sold  84 
Marketing and selling expenses —  — 14 
Research and development expenses —  — 
Total pre-tax charges$14 $$17 $$742 
A summary of the pre-tax costs associated with the initiatives is as follows:
(Millions)
Recognized as of January 29, 2023
Severance pay and benefits
$236 
Asset impairment/accelerated depreciation82 
Implementation costs and other related costs
424 
Total$742 
Schedule Of Restructuring Activity And Related Reserves [Table Text Block]
A summary of the restructuring activity and related reserves at January 29, 2023, is as follows:
(Millions)Severance Pay and Benefits
Implementation Costs and Other Related
Costs(2)
Total Charges
Accrued balance at July 31, 2022
$
2023 charges
9 8 $17 
2023 cash payments
(4)
Accrued balance at January 29, 2023(1)
$12 
__________________________________ 
(1)Includes $5 million of severance pay and benefits recorded in Other liabilities in the Consolidated Balance Sheet.
(2)Includes other costs recognized as incurred that are not reflected in the restructuring reserve in the Consolidated Balance Sheet. The costs are included in Administrative expenses in the Consolidated Statements of Earnings.
Schedule Of Restructuring Charges Associated With Each Reportable Segment A summary of the pre-tax costs associated with segments is as follows:
January 29, 2023
(Millions)Three Months EndedSix Months Ended
Costs Incurred to Date
Meals & Beverages$— $— $225 
Snacks10 10 331 
Corporate186 
Total$14 $17 $742