Campbell Soup (CPB) 10-Q 8 Jun 22 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	9 Months Ended
	May 01, 2022	Jun. 01, 2022
Document and Entity Information [Abstract]
Entity Registrant Name	CAMPBELL SOUP CO
Entity Central Index Key	0000016732
Current Fiscal Year End Date	--07-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	May 1, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		300,575,616
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Address, Address Line One	1 Campbell Place
Entity Address, City or Town	Camden
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	08103
City Area Code	856
Local Phone Number	342-4800
Entity Interactive Data Current	Yes
Entity File Number	1-3822
Title of 12(b) Security	Capital Stock, par value $.0375
Trading Symbol	CPB
Security Exchange Name	NYSE
Document Quarterly Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	NJ
Entity Tax Identification Number	21-0419870

Consolidated Statements of Earn

Consolidated Statements of Earnings - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Income Statement [Abstract]
Net sales	$ 2,130	$ 1,984	$ 6,575	$ 6,603
Costs and expenses
Cost of products sold	1,465	1,356	4,519	4,379
Marketing and selling expenses	188	202	555	642
Administrative expenses	151	153	454	452
Research and development expenses	22	22	64	61
Other expenses / (income)	10	(23)	(10)	(86)
Restructuring charges	0	2	0	21
Total costs and expenses	1,836	1,712	5,582	5,469
Earnings before interest and taxes	294	272	993	1,134
Interest expense	51	53	144	163
Interest income	1	0	1	1
Earnings before taxes	244	219	850	972
Taxes on earnings	56	53	189	252
Earnings from continuing operations	188	166	661	720
Loss from discontinued operations	0	(6)	0	(6)
Net earnings	188	160	661	714
Less: Net earnings (loss) attributable to noncontrolling interests	0	0	0	0
Net earnings attributable to Campbell Soup Company	$ 188	$ 160	$ 661	$ 714
Per Share - Basic
Earnings from continuing operations attributable to Campbell Soup Company	$ 0.62	$ 0.55	$ 2.19	$ 2.38
Loss from discontinued operations	0	(0.02)	0	(0.02)
Net earnings attributable to Campbell Soup Company	$ 0.62	$ 0.53	$ 2.19	$ 2.36
Weighted average shares outstanding - basic	301	303	302	303
Per Share - Assuming Dilution
Earnings from continuing operations attributable to Campbell Soup Company	$ 0.62	$ 0.54	$ 2.18	$ 2.36
Loss from discontinued operations	0	(0.02)	0	(0.02)
Net earnings attributable to Campbell Soup Company	$ 0.62	$ 0.52	$ 2.18	$ 2.34
Weighted average shares outstanding - assuming dilution	302	305	303	305

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ 188	$ 160	$ 661	$ 714
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax [Abstract]
Foreign currency translation adjustments, before tax	(2)	7	(6)	14
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax [Abstract]
Unrealized gains (losses) arising during the period, before tax	9	(2)	17	(9)
Reclassification adjustment for losses (gains) included in net earnings, before Tax	(4)	2	(4)	5
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, before Tax [Abstract]
Reclassification of prior service credit included in net earnings, before tax	0	(2)	(1)	(4)
Other comprehensive income (loss), before tax	3	5	6	6
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax [Abstract]
Foreign currency translation adjustments, tax (expense) benefit	0	0	0	0
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax [Abstract]
Unrealized gains (losses) arising during the period, tax	(2)	0	(4)	1
Reclassification adjustment for losses (gains) included in net earnings, tax (expense) benefit	1	0	1	0
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax [Abstract]
Reclassification of prior service credit included in net earnings, tax (expense) benefit	0	1	0	1
Other comprehensive income (loss), tax (expense) benefit	(1)	1	(3)	2
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax [Abstract]
Foreign currency translation adjustments, after-tax	(2)	7	(6)	14
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax [Abstract]
Unrealized gains (loss) arising during the period, after-tax	7	(2)	13	(8)
Reclassification adjustment for losses (gains) included in net earnings, after Tax	(3)	2	(3)	5
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax [Abstract]
Reclassification of prior service credit included in net earnings, after-tax	0	(1)	(1)	(3)
Other comprehensive income (loss), after-tax	2	6	3	8
Total comprehensive income (loss), after-tax	190	166	664	722
Total comprehensive income (loss) attributable to noncontrolling interests	0	(1)	0	(4)
Total comprehensive income (loss) attributable to Campbell Soup Company	$ 190	$ 167	$ 664	$ 726

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) shares in Millions, $ in Millions	May 01, 2022	Aug. 01, 2021
Current assets
Cash and cash equivalents	$ 196	$ 69
Accounts receivable, net	511	595
Inventories	1,044	933
Other current assets	101	98
Total current assets	1,852	1,695
Plant assets, net of depreciation	2,313	2,370
Goodwill	3,978	3,981
Other intangible assets, net of amortization	3,208	3,239
Other assets	496	449
Total assets	11,847	11,734
Current liabilities
Short-term borrowings	750	48
Payable to suppliers and others	1,286	1,070
Accrued liabilities	542	576
Dividends payable	112	115
Accrued income taxes	9	5
Total current liabilities	2,699	1,814
Long-term debt	3,998	5,010
Deferred taxes	1,094	1,051
Other liabilities	661	705
Total liabilities	8,452	8,580
Commitments and contingencies
Campbell Soup Company shareholders' equity
Preferred stock; authorized 40 shares; none issued	0	0
Capital stock, $.0375 par value; authorized 560 shares; issued 323 shares	12	12
Additional paid-in capital	402	414
Earnings retained in the business	4,059	3,742
Capital stock in treasury, at cost	(1,088)	(1,021)
Accumulated other comprehensive income (loss)	8	5
Total Campbell Soup Company shareholders' equity	3,393	3,152
Noncontrolling interests	2	2
Total equity	3,395	3,154
Total liabilities and equity	$ 11,847	$ 11,734
Preferred Stock, Shares Authorized	40	40
Preferred Stock, Shares Issued	0	0
Common Stock, Par or Stated Value Per Share	$ 0.0375	$ 0.0375
Common Stock, Shares Authorized	560	560
Common Stock, Shares, Issued	323	323

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	May 01, 2022	May 02, 2021
Cash flows from operating activities:
Net earnings	$ 661	$ 714
Adjustments to reconcile net earnings to operating cash flow
Restructuring charges	0	21
Stock-based compensation	46	51
Pension and postretirement benefit income	(31)	(87)
Depreciation and amortization	251	233
Deferred income taxes	39	99
Other	66	66
Changes in working capital
Accounts receivable	81	(4)
Inventories	(111)	(2)
Prepaid assets	(1)	(23)
Accounts payable and accrued liabilities	140	(149)
Other	(40)	(38)
Net cash provided by operating activities	1,101	881
Cash flows from investing activities:
Purchases of plant assets	(179)	(190)
Purchases of route businesses	(1)	(1)
Sales of route businesses	2	7
Other	10	7
Net cash used in investing activities	(168)	(177)
Cash flows from financing activities:
Short-term borrowings, including commercial paper	821	0
Short-term repayments, including commercial paper	(700)	(295)
Long-term repayments	0	(721)
Dividends paid	(340)	(327)
Treasury stock purchases	(116)	0
Treasury stock issuances	1	2
Payments related to tax withholding for stock-based compensation	(18)	(15)
Payments related to extinguishment of debt	(453)	0
Net cash used in financing activities	(805)	(1,356)
Effect of exchange rate changes on cash	(1)	2
Net change in cash and cash equivalents	127	(650)
Cash and cash equivalents - beginning of period	69	859
Cash and cash equivalents - end of period	$ 196	$ 209

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) shares in Millions, $ in Millions	Total	Capital Stock Issued [Member]	Capital Stock In Treasury [Member]	Additional Paid-In Capital [Member]	Earnings Retained In The Business [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests [Member]
Capital stock, shares at Aug. 02, 2020		323
Treasury stock, shares at Aug. 02, 2020			(21)
Balance, value at Aug. 02, 2020	$ 2,569	$ 12	$ (1,023)	$ 394	$ 3,190	$ (10)	$ 6
Net earnings (loss)	714				714		0
Other comprehensive income (loss)	8					12	(4)
Dividends	$ (334)				(334)
Dividends per share	$ 1.09
Treasury stock purchased, Shares			0
Treasury stock purchased, value	$ 0		$ 0
Treasury stock issued under management incentive and stock option plans, shares			1
Treasury stock issued under management incentive and stock option plans, value	38		$ 37	7	(6)
Capital stock, shares at May. 02, 2021		323
Treasury Stock, Shares at May. 02, 2021			(20)
Balance, value at May. 02, 2021	2,995	$ 12	$ (986)	401	3,564	2	2
Capital stock, shares at Jan. 31, 2021		323
Treasury stock, shares at Jan. 31, 2021			(20)
Balance, value at Jan. 31, 2021	2,925	$ 12	$ (990)	388	3,517	(5)	3
Net earnings (loss)	160				160		0
Other comprehensive income (loss)	6					7	(1)
Dividends	$ (113)				(113)
Dividends per share	$ 0.37
Treasury stock purchased, Shares			0
Treasury stock purchased, value	$ 0		$ 0
Treasury stock issued under management incentive and stock option plans, shares			0
Treasury stock issued under management incentive and stock option plans, value	17		$ 4	13	0
Capital stock, shares at May. 02, 2021		323
Treasury Stock, Shares at May. 02, 2021			(20)
Balance, value at May. 02, 2021	2,995	$ 12	$ (986)	401	3,564	2	2
Capital stock, shares at Aug. 01, 2021		323
Treasury stock, shares at Aug. 01, 2021			(21)
Balance, value at Aug. 01, 2021	3,154	$ 12	$ (1,021)	414	3,742	5	2
Net earnings (loss)	661				661		0
Other comprehensive income (loss)	3					3	0
Dividends	$ (336)				(336)
Dividends per share	$ 1.11
Treasury stock purchased, Shares	(2.7)		(3)
Treasury stock purchased, value	$ (116)		$ (116)
Treasury stock issued under management incentive and stock option plans, shares			1
Treasury stock issued under management incentive and stock option plans, value	29		$ 49	(12)	(8)
Capital stock, shares at May. 01, 2022		323
Treasury Stock, Shares at May. 01, 2022			(23)
Balance, value at May. 01, 2022	3,395	$ 12	$ (1,088)	402	4,059	8	2
Capital stock, shares at Jan. 30, 2022		323
Treasury stock, shares at Jan. 30, 2022			(21)
Balance, value at Jan. 30, 2022	3,352	$ 12	$ (1,039)	388	3,983	6	2
Net earnings (loss)	188				188		0
Other comprehensive income (loss)	2					2	0
Dividends	$ (112)				(112)
Dividends per share	$ 0.37
Treasury stock purchased, Shares			(2)
Treasury stock purchased, value	$ (51)		$ (51)
Treasury stock issued under management incentive and stock option plans, shares			0
Treasury stock issued under management incentive and stock option plans, value	16		$ 2	14	0
Capital stock, shares at May. 01, 2022		323
Treasury Stock, Shares at May. 01, 2022			(23)
Balance, value at May. 01, 2022	$ 3,395	$ 12	$ (1,088)	$ 402	$ 4,059	$ 8	$ 2

Basis of Presentations and Sign

Basis of Presentations and Significant Accounting Policies	9 Months Ended
	May 01, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentations and Significant Accounting Policies	Basis of Presentation and Significant Accounting Policies In this Form 10-Q, unless otherwise stated, the terms "we," "us," "our" and the "company" refer to Campbell Soup Company and its consolidated subsidiaries. The financial statements reflect all adjustments which are, in our opinion, necessary for a fair statement of the results of operations, financial position, and cash flows for the indicated periods. The accounting policies we used in preparing these financial statements are substantially consistent with those we applied in our Annual Report on Form 10-K for the year ended August 1, 2021. Certain amounts in prior-year financial statements were reclassified to conform to the current-year presentation.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	May 01, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Recently Adopted In December 2019, the Financial Accounting Standards Board (FASB) issued guidance on simplifying the accounting for income taxes. The guidance removes certain exceptions to the general principles of accounting for income taxes and also improves consistent application of accounting by clarifying or amending existing guidance. We adopted the guidance in the first quarter of 2022. The adoption did not have an impact on our consolidated financial statements. Accounting Pronouncements Not Yet Adopted In March 2020, the FASB issued guidance that provides optional expedients and exceptions for a limited period of time for accounting for contracts, hedging relationships, and other transactions affected by the London Interbank Offered Rate (LIBOR) or another reference rate expected to be discontinued. Optional expedients can be applied from March 12, 2020 through December 31, 2022. We are currently evaluating the impact that the new guidance will have on our consolidated financial statements.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	May 01, 2022
Equity [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income (Loss) The components of Accumulated other comprehensive income (loss) consisted of the following: (Millions) Foreign Currency Translation Adjustments (1) Cash-Flow Hedges (2) Pension and Postretirement Benefit Plan Adjustments (3) Total Accumulated Comprehensive Income (Loss) Balance at August 2, 2020 $ (10) $ (7) $ 7 $ (10) Other comprehensive income (loss) before reclassifications 18 (8) — 10 Losses (gains) reclassified from accumulated other comprehensive income (loss) — 5 (3) 2 Net current-period other comprehensive income (loss) 18 (3) (3) 12 Balance at May 2, 2021 $ 8 $ (10) $ 4 $ 2 Balance at August 1, 2021 $ 6 $ (4) $ 3 $ 5 Other comprehensive income (loss) before reclassifications (6) 13 — 7 Losses (gains) reclassified from accumulated other comprehensive income (loss) — (3) (1) (4) Net current-period other comprehensive income (loss) (6) 10 (1) 3 Balance at May 1, 2022 $ — $ 6 $ 2 $ 8 _____________________________________ (1) Included no tax as of May 1, 2022, August 1, 2021, May 2, 2021 and August 2, 2020. (2) Included tax expense of $2 million as of May 1, 2022, a tax benefit of $1 million as of August 1, 2021, $2 million as of May 2, 2021, and $1 million as of August 2, 2020. (3) Included tax expense of $1 million as of May 1, 2022, August 1, 2021 and May 2, 2021, and $2 million as of August 2, 2020. 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 (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Location of Loss (Gain) Recognized in Earnings Losses (gains) on cash-flow hedges: Commodity contracts $ (3) $ — $ (6) $ — Cost of products sold Foreign exchange forward contracts (1) 2 1 4 Cost of products sold Forward starting interest rate swaps — — 1 1 Interest expense Total before tax (4) 2 (4) 5 Tax expense (benefit) 1 — 1 — Loss (gain), net of tax $ (3) $ 2 $ (3) $ 5 Pension and postretirement benefit adjustments: Prior service credit $ — $ (2) $ (1) $ (4) Other expenses / (income) Tax expense (benefit) — 1 — 1 Loss (gain), net of tax $ — $ (1) $ (1) $ (3)

Goodwill And Intangible Assets

Goodwill And Intangible Assets	9 Months Ended
	May 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill The following table shows the changes in the carrying amount of goodwill by business segment: (Millions) Meals & Beverages Snacks Total Net balance at August 1, 2021 $ 970 $ 3,011 $ 3,981 Amounts reclassified due to segment change (1) 25 (25) — Foreign currency translation adjustment (3) — (3) Net balance at May 1, 2022 $ 992 $ 2,986 $ 3,978 _____________________________________ (1) See Note 5 for additional information. Intangible Assets The following table summarizes balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization: May 1, 2022 August 1, 2021 (Millions) Cost Accumulated Amortization Net Cost Accumulated Amortization Net Amortizable intangible assets Customer relationships $ 830 $ (171) $ 659 $ 830 $ (140) $ 690 Non-amortizable intangible assets Trademarks 2,549 2,549 Total net intangible assets $ 3,208 $ 3,239 The carrying values of trademarks as of May 1, 2022 and August 1, 2021 are detailed below: (Millions) Snyder's of Hanover $ 620 Lance 350 Pace 292 Pacific Foods 280 Various Other (1) 1,007 Total $ 2,549 _____________________________________ (1) Associated with the acquisition of Snyder's-Lance, Inc. (Snyder's-Lance).

Segment Information

Segment Information	9 Months Ended
	May 01, 2022
Segment Reporting [Abstract]
Business and Geographic Segment Information	Segment Information Our reportable segments are as follows: • Meals & Beverages, which consists of our soup, simple meals and beverages products in retail and foodservice in the U.S. and Canada. The segment includes the following products: Campbell’s condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell’s gravies, pasta, beans and dinner sauces; Swanson canned poultry; V8 juices and beverages; and Campbell’s tomato juice. The segment also includes snacking products in foodservice and Canada. The segment included our Plum baby food and snacks business, which was sold on May 3, 2021; and • Snacks, which consists of Pepperidge Farm cookies*, crackers, fresh bakery and frozen products, including Goldfish crackers*, Snyder’s of Hanover pretzels*, Lance sandwich crackers*, Cape Cod potato chips *, Kettle Brand potato chips * , Late July snacks * , Snack Factory pretzel crisps *, Pop Secret popcorn, Emerald nuts, and other snacking products in retail in the U.S. The segment also includes the retail business in Latin America. In 2022, we now refer to the * brands as our "power brands." Beginning in 2022, the foodservice and Canadian business formerly included in our Snacks segment is now managed as part of the Meals & Beverages segment. Segment results have been adjusted retrospectively to reflect this change. We evaluate segment performance before interest, taxes and costs associated with restructuring activities and impairment charges. Unrealized gains and losses on outstanding undesignated commodity hedging activities are excluded from segment operating earnings and are recorded in Corporate as these open positions represent hedges of future purchases. Upon closing of the contracts, the realized gain or loss is transferred to segment operating earnings, which allows the segments to reflect the economic effects of the hedge without exposure to quarterly volatility of unrealized gains and losses. Only the service cost component of pension and postretirement expense is allocated to segments. All other components of expense, including interest cost, expected return on assets, amortization of prior service credits and recognized actuarial gains and losses are reflected in Corporate and not included in segment operating results. Asset information by segment is not discretely maintained for internal reporting or used in evaluating performance. Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Net sales Meals & Beverages $ 1,131 $ 1,062 $ 3,672 $ 3,743 Snacks 999 922 2,903 2,860 Total $ 2,130 $ 1,984 $ 6,575 $ 6,603 Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Earnings before interest and taxes Meals & Beverages $ 220 $ 186 $ 713 $ 785 Snacks 127 102 376 377 Corporate income (expense) (1) (53) (14) (96) (7) Restructuring charges (2) — (2) — (21) Total $ 294 $ 272 $ 993 $ 1,134 _______________________________________ (1) Represents unallocated items. There were pension actuarial losses of $16 million and $12 million in the three- and nine-month periods ended May 1, 2022, and pension actuarial gains of $4 million and $38 million in the three- and nine-month periods ended May 2, 2021, respectively. Costs related to the cost savings initiatives were $6 million and $15 million in the three- and nine-month periods ended May 1, 2022, and $13 million and $22 million in the three- and nine-month periods ended May 2, 2021, respectively. Unrealized mark-to-market adjustments on outstanding undesignated commodity hedges were losses of $5 million and $8 million in the three- and nine-month periods ended May 1, 2022, and gains of $22 million and $39 million in the three- and nine-month periods ended May 2, 2021, respectively. (2) See Note 6 for additional information. Our net sales based on product categories are as follows: Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Net sales Soup $ 606 $ 544 $ 2,187 $ 2,164 Snacks 1,039 961 3,008 2,958 Other simple meals 287 278 821 896 Beverages 198 201 559 585 Total $ 2,130 $ 1,984 $ 6,575 $ 6,603 Soup includes various soup, broth and stock products. Snacks include cookies, pretzels, crackers, popcorn, nuts, potato chips, tortilla chips and other salty snacks and baked products. Other simple meals include sauces, gravies, pasta, beans, canned poultry, and Plum products through May 3, 2021, when the business was sold. Beverages include V8 juices and beverages, Campbell’s tomato juice and Pacific Foods non-dairy beverages.

Restructuring Charges and Cost

Restructuring Charges and Cost Savings Initiatives	9 Months Ended
	May 01, 2022
Restructuring Charges [Abstract]
Restructuring Charges	Restructuring Charges and Cost Savings Initiatives Multi-year Cost Savings Initiatives and Snyder's-Lance Cost Transformation Program and Integration Beginning in fiscal 2015, we implemented initiatives to reduce costs and to streamline our organizational structure. Over the years, we expanded these initiatives by continuing to optimize our supply chain and manufacturing networks, including closing our manufacturing facility in Toronto, Ontario, as well as our information technology infrastructure. On March 26, 2018, we completed the acquisition of Snyder's-Lance. Prior to the acquisition, Snyder's-Lance launched a cost transformation program following a comprehensive review of its operations with the goal of significantly improving its financial performance. We continued to implement this program and identified opportunities for additional cost synergies as we integrated Snyder's-Lance. In 2022, we expanded these initiatives as we continue to pursue cost savings by further optimizing our supply chain and manufacturing network and through effective cost management. Cost estimates for these expanded initiatives, as well as timing for certain activities, are continuing to be developed. A summary of the pre-tax charges recorded in Earnings from continuing operations related to these initiatives is as follows: Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Recognized as of May 1, 2022 Restructuring charges $ — $ 2 $ — $ 21 $ 259 Administrative expenses 5 11 10 21 349 Cost of products sold 1 2 5 1 84 Marketing and selling expenses — — — — 13 Research and development expenses — — — — 4 Total pre-tax charges $ 6 $ 15 $ 15 $ 43 $ 709 A summary of the pre-tax costs in Earnings from continuing operations associated with the initiatives is as follows: (Millions) Recognized as of May 1, 2022 Severance pay and benefits $ 222 Asset impairment/accelerated depreciation 82 Implementation costs and other related costs 405 Total $ 709 The total estimated pre-tax costs for actions associated with continuing operations that have been identified are approximately $725 million to $735 million and we expect to incur substantially all of the costs through 2022. These estimates will be updated as the expanded initiatives are developed. We expect the costs for actions associated with continuing operations that have been identified to date to consist of the following: approximately $225 million in severance pay and benefits; approximately $85 million in asset impairment and accelerated depreciation; and approximately $415 million to $425 million in implementation costs and other related costs. We expect these pre-tax costs to be associated with our segments as follows: Meals & Beverages - approximately 31%; Snacks - approximately 43%; and Corporate - approximately 26%. Of the aggregate $725 million to $735 million of pre-tax costs associated with continuing operations identified to date, we expect approximately $625 million to $635 million will be cash expenditures. In addition, we expect to invest approximately $440 million in capital expenditures, of which we invested $433 million as of May 1, 2022. We expect to invest in substantially all of the capital expenditures through 2022. The capital expenditures primarily relate to a U.S. warehouse optimization project, improvement of quality, safety and cost structure across the Snyder’s-Lance manufacturing network, implementation of our existing SAP enterprise-resource planning system for Snyder's-Lance, transition of production of the Toronto manufacturing facility to our U.S. thermal plants, optimization of information technology infrastructure and applications, and optimization of the Snyder’s-Lance warehouse and distribution network. A summary of the restructuring activity and related reserves associated with continuing operations at May 1, 2022, is as follows: (Millions) Severance Pay and Benefits Implementation Costs and Other Related Costs (2) Total Charges Accrued balance at August 1, 2021 (1) $ 7 2022 charges — 15 $ 15 2022 cash payments (4) Accrued balance at May 1, 2022 $ 3 __________________________________ (1) Includes $1 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 and Cost of products sold in the Consolidated Statements of Earnings. Segment operating results do not include restructuring charges, implementation costs and other related costs because we evaluate segment performance excluding such charges. A summary of the pre-tax costs in Earnings from continuing operations associated with segments is as follows: May 1, 2022 (Millions) Three Months Ended Nine Months Ended Costs Incurred to Date Meals & Beverages $ — $ 2 $ 225 Snacks 4 11 310 Corporate 2 2 174 Total $ 6 $ 15 $ 709 In addition, in the second quarter of 2021, we recorded a $19 million deferred tax charge in connection with a legal entity reorganization as part of the continued integration of Snyder's-Lance.

Earnings Per Share

Earnings Per Share	9 Months Ended
	May 01, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Earnings per Share (EPS)For the periods presented in the Consolidated Statements of Earnings, the calculations of basic EPS and EPS assuming dilution vary in that the weighted average shares outstanding assuming dilution include the incremental effect of stock options and other share-based payment awards, except when such effect would be antidilutive. The earnings per share calculation for the three- and nine-month periods ended May 1, 2022, and May 2, 2021, excludes approximately 1 million stock options that would have been antidilutive.

Pension And Postretirement Bene

Pension And Postretirement Benefits	9 Months Ended
	May 01, 2022
Retirement Benefits [Abstract]
Pension And Postretirement Benefits	Pension and Postretirement Benefits Components of net benefit expense (income) were as follows: Three Months Ended Nine Months Ended Pension Postretirement Pension Postretirement (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Service cost $ 3 $ 5 $ — $ — $ 12 $ 14 $ — $ — Interest cost 13 10 1 1 34 30 3 3 Expected return on plan assets (29) (31) — — (91) (92) — — Amortization of prior service cost — — — (2) — — (1) (4) Actuarial losses (gains) 16 (4) — — 12 (38) — — Net periodic benefit expense (income) $ 3 $ (20) $ 1 $ (1) $ (33) $ (86) $ 2 $ (1) Actuarial losses (gains) were due to the remeasurements of U.S. and Canadian pension plans. These remeasurements were each due to lump sum distributions that exceeded or are expected to exceed service and interest costs resulting in settlement accounting for the plans. The actuarial losses recognized for the three- and nine-month periods ended May 1, 2022 were primarily due to lower than anticipated investment returns on plan assets, partially offset by an increase in discount rates used to determine the benefit obligation. The actuarial gains recognized for the three- and nine-month periods ended May 2, 2021 were primarily due to an increase in discount rates used to determine the benefit obligation, partially offset by lower than anticipated investment returns on plan assets.

Leases

Leases	9 Months Ended
	May 01, 2022
Leases [Abstract]
Lessee, Operating Leases	Leases The components of lease costs were as follows: Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Operating lease cost $ 19 $ 20 $ 58 $ 60 Finance lease - amortization of right-of-use (ROU) assets 4 1 12 3 Short-term lease cost 15 11 42 32 Variable lease cost (1) 49 45 150 137 Sublease income — (1) — (2) Total $ 87 $ 76 $ 262 $ 230 __________________________________________ (1) Includes labor and other overhead in our service contracts with embedded leases. The following tables summarize the lease amounts recorded in the Consolidated Balance Sheets: Operating Leases (Millions) Balance Sheet Classification May 1, 2022 August 1, 2021 ROU assets, net Other assets $ 246 $ 235 Lease liabilities (current) Accrued liabilities $ 58 $ 54 Lease liabilities (noncurrent) Other liabilities $ 187 $ 180 Finance Leases (Millions) Balance Sheet Classification May 1, 2022 August 1, 2021 ROU assets, net Plant assets, net of depreciation $ 32 $ 29 Lease liabilities (current) Short-term borrowings $ 15 $ 11 Lease liabilities (noncurrent) Long-term debt $ 18 $ 19 The following table summarizes cash flow and other information related to leases: Nine Months Ended (Millions) May 1, 2022 May 2, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 58 $ 60 Financing cash flows from finance leases $ 12 $ 3 ROU assets obtained in exchange for lease obligations: Operating leases $ 67 $ 39 Finance leases $ 15 $ 4

Debt

Debt	9 Months Ended
	May 01, 2022
Debt Disclosure [Abstract]
Short-term Borrowings and Long-term Debt	Debt ExtinguishmentOn March 4, 2022, we completed the redemption of all $450 million outstanding aggregate principal amount of our 2.50% Senior Notes due August 2, 2022. The consideration for the redemption was $453 million, including $3 million of premium. We recognized a loss of $4 million (including the $3 million of premium and other costs), which was recorded in Interest expense in the Consolidated Statement of Earnings. In addition, we paid accrued and unpaid interest on the redeemed notes through the date of settlement. We used a combination of cash on hand and short-term debt to fund the redemption.

Financial Instruments

Financial Instruments	9 Months Ended
	May 01, 2022
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Financial Instruments	Financial InstrumentsThe principal market risks to which we are exposed are changes in foreign currency exchange rates, interest rates and commodity prices. In addition, we are exposed to equity price changes related to certain deferred compensation obligations. In order to manage these exposures, we follow established risk management policies and procedures, including the use of derivative contracts such as swaps, rate locks, options, forwards and commodity futures. We enter into these derivative contracts for periods consistent with the related underlying exposures, and the contracts do not constitute positions independent of those exposures. We do not enter into derivative contracts for speculative purposes and do not use leveraged instruments. Our derivative programs include instruments that qualify for hedge accounting treatment and instruments that are not designated as accounting hedges. Concentration of Credit Risk We are exposed to the risk that counterparties to derivative contracts will fail to meet their contractual obligations. To mitigate counterparty credit risk, we enter into contracts only with carefully selected, leading, credit-worthy financial institutions, and distribute contracts among several financial institutions to reduce the concentration of credit risk. We did not have credit risk-related contingent features in our derivative instruments as of May 1, 2022, or August 1, 2021. We are also exposed to credit risk from our customers. During 2021, our largest customer accounted for approximately 21% of consolidated net sales from continuing operations. Our five largest customers accounted for approximately 46% of our consolidated net sales from continuing operations in 2021. We closely monitor credit risk associated with counterpartie s and customers. Foreign Currency Exchange Risk We are exposed to foreign currency exchange risk related to third-party transactions and intercompany transactions. Principal currencies hedged include the Canadian dollar. We utilize foreign exchange forward purchase and sale contracts to hedge these exposures. The contracts are either designated as cash-flow hedging instruments or are undesignated. We hedge portions of our forecasted foreign currency transaction exposure with foreign exchange forward contracts for periods typically up to 18 months. The notional amount of foreign exchange forward contracts accounted for as cash-flow hedges was $176 million as of May 1, 2022, and $134 million as of August 1, 2021. Changes in the fair value on the portion of the derivative included in the assessment of hedge effectiveness of cash-flow hedges are recorded in other comprehensive income (loss), until earnings are affected by the variability of cash flows. For derivatives that are designated and qualify as hedging instruments, the initial fair value of hedge components excluded from the assessment of effectiveness is recognized in earnings under a systematic and rational method over the life of the hedging instrument and is presented in the same statement of earnings line item as the earnings effect of the hedged item. Any difference between the change in the fair value of the hedge components excluded from the assessment of effectiveness and the amounts recognized in earnings is recorded as a component of other comprehensive income (loss). The notional amount of foreign exchange forward contracts that are not designated as accounting hedges was $15 million as of May 1, 2022, and $13 million as of August 1, 2021. Interest Rate Risk We manage our exposure to changes in interest rates by optimizing the use of variable-rate and fixed-rate debt and by utilizing interest rate swaps in order to maintain our variable-to-total debt ratio within targeted guidelines. There were no interest rate swaps or treasury rate lock contracts outstanding as of May 1, 2022, or August 1, 2021. Commodity Price Risk We principally use a combination of purchase orders and various short- and long-term supply arrangements in connection with the purchase of raw materials, including certain commodities and agricultural products. We also enter into commodity futures, options and swap contracts to reduce the volatility of price fluctuations of wheat, soybean oil, diesel fuel, natural gas, aluminum, cocoa, soybean meal, corn and butter. Commodity futures, options and swap contracts are either designated as cash-flow hedging instruments or are undesignated. We hedge a portion of commodity requirements for periods typically up to 18 months. The notional amount of commodity contracts designated as cash-flow hedges was $9 million as of May 1, 2022, and $18 million as of August 1, 2021. Changes in the fair value on the portion of the derivative included in the assessment of hedge effectiveness of cash-flow hedges are recorded in other comprehensive income (loss), until earnings are affected by the variability of cash flows. The notional amount of commodity contracts not designated as accounting hedges was $184 million as of May 1, 2022, and $190 million as of August 1, 2021. The change in fair value on undesignated instruments is recorded in Cost of products sold. We have a supply contract under which prices for certain raw materials are established based on anticipated volume requirements over a twelve-month period. Certain prices under the contract are based in part on certain component parts of the raw materials that are in excess of our needs or not required for our operations, thereby creating an embedded derivative requiring bifurcation. We net settle amounts due under the contract with our counterparty. The notional amount was approximately $63 million as of May 1, 2022, and $38 million as of August 1, 2021. The change in fair value on the embedded derivative is recorded in Cost of products sold. Equity Price Risk We enter into swap contracts which hedge a portion of exposures relating to certain deferred compensation obligations linked to the total return of the Vanguard Extended Market Index Plus Fund, the Vanguard Institutional Index Institutional Plus Fund, the Vanguard Short-Term Bond Index Fund, and the Vanguard Total International Stock Index Fund. Prior to 2022, we had entered into swap contracts which hedged a portion of exposures linked to the total return of our capital stock. As of May 1, 2022, and August 1, 2021, there were no swap contracts outstanding hedging our exposure linked to the total return of our capital stock. These contracts are not designated as hedges for accounting purposes. Unrealized gains (losses) and settlements are included in Administrative expenses in the Consolidated Statements of Earnings. We enter into these contracts for periods typically not exceeding 12 months. The notional amounts of the contracts were $50 million as of May 1, 2022, and $29 million as of August 1, 2021. The following table summarizes the fair value of derivative instruments on a gross basis as recorded in the Consolidated Balance Sheets as of May 1, 2022, and August 1, 2021: (Millions) Balance Sheet Classification May 1, 2022 August 1, 2021 Asset Derivatives Derivatives designated as hedges: Commodity contracts Other current assets $ 10 $ 4 Foreign exchange forward contracts Other current assets 3 1 Total derivatives designated as hedges $ 13 $ 5 Derivatives not designated as hedges: Commodity contracts Other current assets $ 43 $ 49 Deferred compensation contracts Other current assets — 3 Total derivatives not designated as hedges $ 43 $ 52 Total asset derivatives $ 56 $ 57 (Millions) Balance Sheet Classification May 1, 2022 August 1, 2021 Liability Derivatives Derivatives designated as hedges: Foreign exchange forward contracts Accrued liabilities $ — $ 3 Total derivatives designated as hedges $ — $ 3 Derivatives not designated as hedges: Commodity contracts Accrued liabilities $ 2 $ — Deferred compensation contracts Accrued liabilities 4 — Total derivatives not designated as hedges $ 6 $ — Total liability derivatives $ 6 $ 3 We do not offset the fair values of derivative assets and liabilities executed with the same counterparty that are generally subject to enforceable netting agreements. However, if we were to offset and record the asset and liability balances of derivatives on a net basis, the amounts presented in the Consolidated Balance Sheets as of May 1, 2022, and August 1, 2021, would be adjusted as detailed in the following table: May 1, 2022 August 1, 2021 (Millions) Gross Amounts Presented in the Consolidated Balance Sheet Gross Amounts Not Offset in the Consolidated Balance Sheet Subject to Netting Agreements Net Amount Gross Amounts Presented in the Consolidated Balance Sheet Gross Amounts Not Offset in the Consolidated Balance Sheet Subject to Netting Agreements Net Amount Total asset derivatives $ 56 $ (2) $ 54 $ 57 $ (1) $ 56 Total liability derivatives $ 6 $ (2) $ 4 $ 3 $ (1) $ 2 We are required to maintain cash margin accounts in connection with funding the settlement of open positions for exchange-traded commodity derivative instruments. Cash margin liability balances of $3 million at May 1, 2022, and $14 million at August 1, 2021, were included in Accrued liabilities in the Consolidated Balance Sheets. The following tables show the effect of our derivative instruments designated as cash-flow hedges for the three- and nine-month periods ended May 1, 2022, and May 2, 2021, in other comprehensive income (loss) (OCI) and the Consolidated Statements of Earnings: Total Cash-Flow Hedge (Millions) May 1, 2022 May 2, 2021 Three Months Ended OCI derivative gain (loss) at beginning of quarter $ 3 $ (12) Effective portion of changes in fair value recognized in OCI: Commodity contracts 8 2 Foreign exchange forward contracts 1 (4) Amount of loss (gain) reclassified from OCI to earnings: Location in Earnings Commodity contracts Cost of products sold (3) — Foreign exchange forward contracts Cost of products sold (1) 2 OCI derivative gain (loss) at end of quarter $ 8 $ (12) Nine Months Ended OCI derivative gain (loss) at beginning of year $ (5) $ (8) Effective portion of changes in fair value recognized in OCI: Commodity contracts 12 2 Foreign exchange forward contracts 5 (11) Amount of loss (gain) reclassified from OCI to earnings: Location in Earnings Commodity contracts Cost of products sold (6) — Foreign exchange forward contracts Cost of products sold 1 4 Forward starting interest rate swaps Interest expense 1 1 OCI derivative gain (loss) at end of quarter $ 8 $ (12) Based on current valuations, the amount expected to be reclassified from OCI into earnings within the next 12 months is a gain of $13 million. The following tables show the total amounts of line items presented in the Consolidated Statements of Earnings for the three- and nine-month periods ended May 1, 2022, and May 2, 2021, in which the effects of derivative instruments designated as cash-flow hedges are recorded. The total effect of hedge activity on these line items are as follows: Three Months Ended May 1, 2022 May 2, 2021 (Millions) Cost of products sold Interest Cost of products sold Interest Consolidated Statements of Earnings: $ 1,465 $ 51 $ 1,356 $ 53 Loss (gain) on cash-flow hedges: Amount of loss (gain) reclassified from OCI to earnings $ (4) $ — $ 2 $ — Amount excluded from effectiveness testing recognized in earnings using an amortization approach $ — $ — $ — $ — Nine Months Ended May 1, 2022 May 2, 2021 (Millions) Cost of products sold Interest Cost of products sold Interest Consolidated Statements of Earnings: $ 4,519 $ 144 $ 4,379 $ 163 Loss (gain) on cash-flow hedges: Amount of loss (gain) reclassified from OCI to earnings $ (5) $ 1 $ 4 $ 1 Amount excluded from effectiveness testing recognized in earnings using an amortization approach $ — $ — $ — $ — The following table shows the effects of our derivative instruments not designated as hedges for the three- and nine-month periods ended May 1, 2022, and May 2, 2021, in the Consolidated Statements of Earnings: Location of Loss (Gain) Recognized in Earnings Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Foreign exchange forward contracts Cost of products sold $ — $ 1 $ — $ 2 Commodity contracts Cost of products sold (9) (24) (28) (39) Deferred compensation contracts Administrative expenses 3 (3) 3 (6) Total loss (gain) $ (6) $ (26) $ (25) $ (43)

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	May 01, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We categorize financial assets and liabilities based on the following fair value hierarchy: • Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2: Inputs other than quoted prices included in Level 1 that are observable for the asset or liability through corroboration with observable market data. • Level 3: Unobservable inputs, which are valued based on our estimates of assumptions that market participants would use in pricing the asset or liability. Fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. When available, we use unadjusted quoted market prices to measure the fair value and classify such items as Level 1. If quoted market prices are not available, we base fair value upon internally developed models that use current market-based or independently sourced market parameters such as interest rates and currency rates. Included in the fair value of derivative instruments is an adjustment for credit and nonperformance risk. Assets and Liabilities Measured at Fair Value on a Recurring Basis The following tables present our financial assets and liabilities that are measured at fair value on a recurring basis as of May 1, 2022, and August 1, 2021, consistent with the fair value hierarchy: Fair Value as of May 1, 2022 Fair Value Measurements at May 1, 2022 Using Fair Value Hierarchy Fair Value as of August 1, 2021 Fair Value Measurements at August 1, 2021 Using Fair Value Hierarchy (Millions) Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Assets Foreign exchange forward contracts (1) $ 3 $ — $ 3 $ — $ 1 $ — $ 1 $ — Commodity derivative contracts (2) 53 6 39 8 53 21 31 1 Deferred compensation derivative contracts (3) — — — — 3 — 3 — Deferred compensation investments (4) 2 2 — — 3 3 — — Total assets at fair value $ 58 $ 8 $ 42 $ 8 $ 60 $ 24 $ 35 $ 1 Fair Value as of May 1, 2022 Fair Value Measurements at May 1, 2022 Using Fair Value Hierarchy Fair Value as of August 1, 2021 Fair Value Measurements at August 1, 2021 Using Fair Value Hierarchy (Millions) Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Liabilities Foreign exchange forward contracts (1) $ — $ — $ — $ — $ 3 $ — $ 3 $ — Commodity derivative contracts (2) 2 — 2 — — — — — Deferred compensation derivative contracts (3) 4 — 4 — — — — — Deferred compensation obligation (4) 89 89 — — 105 105 — — Total liabilities at fair value $ 95 $ 89 $ 6 $ — $ 108 $ 105 $ 3 $ — ___________________________________ (1) Based on observable market transactions of spot currency rates and forward rates. (2) Level 1 and 2 are based on quoted futures exchanges and on observable prices of futures and options transactions in the marketplace. Level 3 is based on unobservable inputs in which there is little or no market data, which requires management’s own assumptions within an internally developed model. (3) Based on equity index swap rates. (4) Based on the fair value of the participants’ investments. The following table summarizes the changes in fair value of Level 3 assets and liabilities for the nine-month periods ended May 1, 2022, and May 2, 2021: Nine Months Ended (Millions) May 1, 2022 May 2, 2021 Fair value at beginning of year $ 1 $ 2 Gains (losses) 18 2 Settlements (11) (3) Fair value at end of quarter $ 8 $ 1 Fair Value of Financial Instruments The carrying values of cash and cash equivalents, accounts receivable and accounts payable approximate fair value. There were $39 million of cash equivalents at May 1, 2022, and none at August 1, 2021. Cash equivalents represent fair value as these highly liquid investments have an original maturity of three months or less. Fair value of cash equivalents is based on Level 2 inputs. The fair value of short- and long-term debt was $4,541 million at May 1, 2022, and $5,613 million at August 1, 2021. The carrying value was $4,748 million at May 1, 2022, and $5,058 million at August 1, 2021. The fair value of long-term debt is principally estimated using Level 2 inputs based on quoted market prices or pricing models using current market rates.

Share Repurchases

Share Repurchases	9 Months Ended
	May 01, 2022
Equity [Abstract]
Share Repurchases	Share Repurchases In June 2021, the Board authorized an anti-dilutive share repurchase program of up to $250 million (June 2021 program) to offset the impact of dilution from shares issued under our stock compensation programs. The June 2021 program has no expiration date, but it may be suspended or discontinued at any time. Repurchases under the June 2021 program may be made in open-market or privately negotiated transactions. In September 2021, the Board approved a strategic share repurchase program of up to $500 million (September 2021 program). The September 2021 program has no expiration date, but it may be suspended or discontinued at any time. Repurchases under the September 2021 program may be made in open-market or privately negotiated transactions. During the nine-month period ended May 1, 2022, we repurchased approximately 2.7 million shares at a cost of $116 million. Of this amount, $41 million was used to repurchase shares pursuant to our June 2021 program and $75 million was used to repurchase shares pursuant to our September 2021 program. As of May 1, 2022, approximately $173 million remained available under the June 2021 program and approximately $425 million remained available under the September 2021 program.

Stock-based Compensation

Stock-based Compensation	9 Months Ended
	May 01, 2022
Share-based Payment Arrangement [Abstract]
Stock-based Compensation	Stock-based Compensation We provide compensation benefits by issuing stock options, unrestricted stock and restricted stock units (including time-lapse restricted stock units, EPS performance restricted stock units, total shareholder return (TSR) performance restricted stock units and free cash flow (FCF) performance restricted stock units). In 2022, we issued time-lapse restricted stock units, unrestricted stock, TSR performance restricted stock units and EPS performance restricted stock units. We last issued stock options and FCF performance restricted stock units in 2019. In determining stock-based compensation expense, we estimate forfeitures expected to occur. Total pre-tax stock-based compensation expense and tax-related benefits recognized in Earnings from continuing operations were as follows: Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Total pre-tax stock-based compensation expense $ 15 $ 17 $ 46 $ 51 Tax-related benefits $ 3 $ 3 $ 8 $ 9 The following table summarizes stock option activity as of May 1, 2022: Options Weighted- Weighted- Aggregate (Options in (In years) (Millions) Outstanding at August 1, 2021 1,372 $ 45.61 Granted — $ — Exercised (32) $ 36.60 Terminated — $ — Outstanding at May 1, 2022 1,340 $ 45.83 5.1 $ 5 Exercisable at May 1, 2022 1,340 $ 45.83 5.1 $ 5 The total intrinsic value of options exercised during the nine-month periods ended May 1, 2022 and May 2, 2021 was not material. We measured the fair value of stock options using the Black-Scholes option pricing model. We expensed stock options on a straight-line basis over the vesting period, except for awards issued to retirement eligible participants, which we expensed on an accelerated basis. As of January 2022, compensation related to stock options was fully expensed. The following table summarizes time-lapse restricted stock units, EPS performance restricted stock units and FCF performance restricted stock units as of May 1, 2022: Units Weighted-Average Grant-Date Fair Value (Restricted stock Nonvested at August 1, 2021 1,814 $ 45.63 Granted 1,538 $ 41.94 Vested (1,173) $ 43.96 Forfeited (194) $ 44.60 Nonvested at May 1, 2022 1,985 $ 43.86 We determine the fair value of time-lapse restricted stock units based on the quoted price of our stock at the date of grant. We expense time-lapse restricted stock units on a straight-line basis over the vesting period, except for awards issued to retirement-eligible participants, which we expense on an accelerated basis. In 2022, we granted EPS performance restricted stock units that will be earned upon the achievement of our adjusted EPS compound annual growth rate goal, measured over a three-year period. The actual number of EPS performance restricted stock units issued at the vesting date could range from 0% to 200% of the initial grant depending on actual performance achieved. The fair value of EPS performance restricted stock units is based upon the quoted price of our stock at the date of grant. We expense EPS performance restricted stock units on a straight-line basis over the service period, except for awards issued to retirement-eligible participants, which we expense on an accelerated basis. We estimate expense based on the number of awards expected to vest. There were 309 thousand EPS performance target grants outstanding at May 1, 2022, with a weighted-average grant-date fair value of $41.50. In 2019, we issued approximately 388 thousand FCF performance restricted stock units for which vesting was contingent upon achievement of free cash flow (defined as Net cash provided by operating activities less capital expenditures and certain investing and financing activities) compared to annual operating plan objectives over a three-year period. An annual objective was established each fiscal year for three consecutive years. Performance against these objectives was averaged at the end of the three-year period to determine the number of underlying units that would vest at the end of the three years. The actual number of FCF performance restricted stock units issued at the vesting date could range from 0% to 200% of the initial grant depending on actual performance achieved. The fair value of FCF performance restricted stock units was based upon the quoted price of our stock at the date of grant. We expensed FCF performance restricted stock units over the requisite service period of each objective. We estimated expense based on the number of awards expected to vest. In the first quarter of 2022, recipients of FCF performance restricted stock units earned 167% of the initial grants based upon the average of actual performance achieved during a three-year period ended August 1, 2021. As a result, approximately 158 thousand additional shares were awarded. As of October 31, 2021, there were no FCF performance target grants outstanding. As of May 1, 2022, total remaining unearned compensation related to nonvested time-lapse restricted stock units and EPS performance restricted stock units was $45 million, which will be amortized over the weighted-average remaining service period of 1.9 years. The fair value of restricted stock units vested during the nine-month periods ended May 1, 2022, and May 2, 2021, was $50 million, and $38 million, respectively. The weighted-average grant-date fair value of the restricted stock units granted during the nine-month period ended May 2, 2021 was $48.43. The following table summarizes TSR performance restricted stock units as of May 1, 2022: Units Weighted-Average Grant-Date Fair Value (Restricted stock Nonvested at August 1, 2021 1,222 $ 53.60 Granted 331 $ 45.54 Vested (178) $ 31.35 Forfeited (188) $ 48.00 Nonvested at May 1, 2022 1,187 $ 55.58 We estimated the fair value of TSR performance restricted stock units at the grant date using a Monte Carlo simulation. Weighted-average assumptions used in the Monte Carlo simulation were as follows: 2022 2021 Risk-free interest rate 0.46% 0.15% Expected dividend yield 3.50% 2.85% Expected volatility 27.42% 29.99% Expected term 3 years 3 years We recognize compensation expense on a straight-line basis over the service period, except for awards issued to retirement eligible participants, which we expense on an accelerated basis. As of May 1, 2022, total remaining unearned compensation related to TSR performance restricted stock units was $20 million, which will be amortized over the weighted-average remaining service period of 1.6 years. In the first quarter of 2022, recipients of TSR performance restricted stock units earned 75% of the initial grants based upon our TSR ranking in a performance peer group during a three-year period ended July 30, 2021. In the first quarter of 2021, recipients of TSR performance restricted stock units earned 50% of the initial grants based upon our TSR ranking in a performance peer group during a three-year period ended July 31, 2020. The fair value of TSR performance restricted stock units vested during the nine-month periods ended May 1, 2022 and May 2, 2021 was $8 million and $11 million, respectively. The grant-date fair value of the TSR performance restricted stock units granted during 2021 was $54.93. The excess tax benefits of $1 million in the nine-month periods ended May 1, 2022, and May 2, 2021, on the exercise of stock options and vested restricted stock were presented as cash flows from operating activities. Cash received from the exercise of stock options was $1 million and $2 million for the nine-month periods ended May 1, 2022, and May 2, 2021, respectively, and is reflected in cash flows from financing activities in the Consolidated Statements of Cash Flows.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	May 01, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Regulatory and Litigation Matters We are involved in various pending or threatened legal or regulatory proceedings, including purported class actions, arising from the conduct of business both in the ordinary course and otherwise. Modern pleading practice in the U.S. permits considerable variation in the assertion of monetary damages or other relief. Jurisdictions may permit claimants not to specify the monetary damages sought or may permit claimants to state only that the amount sought is sufficient to invoke the jurisdiction of the trial court. In addition, jurisdictions may permit plaintiffs to allege monetary damages in amounts well exceeding reasonably possible verdicts in the jurisdiction for similar matters. This variability in pleadings, together with our actual experiences in litigating or resolving through settlement numerous claims over an extended period of time, demonstrates to us that the monetary relief which may be specified in a lawsuit or claim bears little relevance to its merits or disposition value. Due to the unpredictable nature of litigation, the outcome of a litigation matter and the amount or range of potential loss at particular points in time is normally difficult to ascertain. Uncertainties can include how fact finders will evaluate documentary evidence and the credibility and effectiveness of witness testimony, and how trial and appellate courts will apply the law in the context of the pleadings or evidence presented, whether by motion practice, or at trial or on appeal. Disposition valuations are also subject to the uncertainty of how opposing parties and their counsel will themselves view the relevant evidence and applicable law. On January 7, 2019, three purported shareholder class action lawsuits pending in the United States District Court for the District of New Jersey (the Court) were consolidated under the caption, In re Campbell Soup Company Securities Litigation , Civ. No. 1:18-cv-14385-NLH-JS (the Action). Oklahoma Firefighters Pension and Retirement System was appointed lead plaintiff in the Action and, on March 1, 2019, filed an amended consolidated complaint. The company, Denise Morrison (the company's former President and Chief Executive Officer), and Anthony DiSilvestro (the company's former Senior Vice President and Chief Financial Officer) are defendants in the Action. The amended consolidated complaint alleges that, in public statements between July 19, 2017 and May 17, 2018, the defendants made materially false and misleading statements and/or omitted material information about the company's business, operations, customer relationships, and prospects, specifically with regard to the Campbell Fresh segment. The amended consolidated complaint seeks unspecified monetary damages and other relief. On April 30, 2019, the defendants filed a motion to dismiss the amended consolidated complaint, which the Court granted on November 30, 2020, with leave to amend the complaint. On January 15, 2021, the plaintiff filed its second amended consolidated complaint. The second amended consolidated complaint again names as defendants the company and certain of its former officers and alleges that, in public statements between August 31, 2017 and May 17, 2018, the defendants made materially false and misleading statements and/or omitted material information about the company's business, operations, customer relationships, and prospects, specifically with regard to the Campbell Fresh segment. The second amended consolidated complaint seeks unspecified monetary damages and other relief. On March 10, 2021 the defendants filed a motion to dismiss the second amended consolidated complaint. We are vigorously defending against the Action. We establish liabilities for litigation and regulatory loss contingencies when information related to the loss contingencies shows both that it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. It is possible that some matters could require us to pay damages or make other expenditures or establish accruals in amounts that could not be reasonably estimated as of May 1, 2022. While the potential future charges could be material in a particular quarter or annual period, based on information currently known by us, we do not believe any such charges are likely to have a material adverse effect on our consolidated results of operations or financial condition. Other Contingencies We have provided certain indemnifications in connection with divestitures, contracts and other transactions. Certain indemnifications have finite expiration dates. Liabilities recognized based on known exposures related to such matters were not material at May 1, 2022.

Supplemental Financial Statemen

Supplemental Financial Statement Data	9 Months Ended
	May 01, 2022
Disclosure Text Block Supplement [Abstract]
Supplemental Financial Information Data	Supplemental Financial Statement Data (Millions) May 1, 2022 August 1, 2021 Balance Sheets Inventories Raw materials, containers and supplies $ 381 $ 321 Finished products 663 612 $ 1,044 $ 933 Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Statements of Earnings Other expenses / (income) Amortization of intangible assets $ 10 $ 10 $ 31 $ 31 Net periodic benefit expense (income) other than the service cost 1 (26) (43) (101) Transition services fees — (8) — (20) Other (1) 1 2 4 $ 10 $ (23) $ (10) $ (86)

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	May 01, 2022
Equity [Abstract]
Components Of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The components of Accumulated other comprehensive income (loss) consisted of the following: (Millions) Foreign Currency Translation Adjustments (1) Cash-Flow Hedges (2) Pension and Postretirement Benefit Plan Adjustments (3) Total Accumulated Comprehensive Income (Loss) Balance at August 2, 2020 $ (10) $ (7) $ 7 $ (10) Other comprehensive income (loss) before reclassifications 18 (8) — 10 Losses (gains) reclassified from accumulated other comprehensive income (loss) — 5 (3) 2 Net current-period other comprehensive income (loss) 18 (3) (3) 12 Balance at May 2, 2021 $ 8 $ (10) $ 4 $ 2 Balance at August 1, 2021 $ 6 $ (4) $ 3 $ 5 Other comprehensive income (loss) before reclassifications (6) 13 — 7 Losses (gains) reclassified from accumulated other comprehensive income (loss) — (3) (1) (4) Net current-period other comprehensive income (loss) (6) 10 (1) 3 Balance at May 1, 2022 $ — $ 6 $ 2 $ 8 _____________________________________ (1) Included no tax as of May 1, 2022, August 1, 2021, May 2, 2021 and August 2, 2020. (2) Included tax expense of $2 million as of May 1, 2022, a tax benefit of $1 million as of August 1, 2021, $2 million as of May 2, 2021, and $1 million as of August 2, 2020. (3) Included tax expense of $1 million as of May 1, 2022, August 1, 2021 and May 2, 2021, and $2 million as of August 2, 2020.
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	The amounts reclassified from Accumulated other comprehensive income (loss) consisted of the following: Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Location of Loss (Gain) Recognized in Earnings Losses (gains) on cash-flow hedges: Commodity contracts $ (3) $ — $ (6) $ — Cost of products sold Foreign exchange forward contracts (1) 2 1 4 Cost of products sold Forward starting interest rate swaps — — 1 1 Interest expense Total before tax (4) 2 (4) 5 Tax expense (benefit) 1 — 1 — Loss (gain), net of tax $ (3) $ 2 $ (3) $ 5 Pension and postretirement benefit adjustments: Prior service credit $ — $ (2) $ (1) $ (4) Other expenses / (income) Tax expense (benefit) — 1 — 1 Loss (gain), net of tax $ — $ (1) $ (1) $ (3)

Goodwill And Intangible Assets

Goodwill And Intangible Assets (Tables)	9 Months Ended
	May 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill [Table Text Block]	The following table shows the changes in the carrying amount of goodwill by business segment: (Millions) Meals & Beverages Snacks Total Net balance at August 1, 2021 $ 970 $ 3,011 $ 3,981 Amounts reclassified due to segment change (1) 25 (25) — Foreign currency translation adjustment (3) — (3) Net balance at May 1, 2022 $ 992 $ 2,986 $ 3,978 _____________________________________ (1) See Note 5 for additional information.
Schedule of Finite-Lived Intangible Assets [Table Text Block]	The following table summarizes balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization: May 1, 2022 August 1, 2021 (Millions) Cost Accumulated Amortization Net Cost Accumulated Amortization Net Amortizable intangible assets Customer relationships $ 830 $ (171) $ 659 $ 830 $ (140) $ 690 Non-amortizable intangible assets Trademarks 2,549 2,549 Total net intangible assets $ 3,208 $ 3,239
Schedule of Indefinite-Lived Intangible Assets [Table Block]	The following table summarizes balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization: May 1, 2022 August 1, 2021 (Millions) Cost Accumulated Amortization Net Cost Accumulated Amortization Net Amortizable intangible assets Customer relationships $ 830 $ (171) $ 659 $ 830 $ (140) $ 690 Non-amortizable intangible assets Trademarks 2,549 2,549 Total net intangible assets $ 3,208 $ 3,239 The carrying values of trademarks as of May 1, 2022 and August 1, 2021 are detailed below: (Millions) Snyder's of Hanover $ 620 Lance 350 Pace 292 Pacific Foods 280 Various Other (1) 1,007 Total $ 2,549 _____________________________________ (1) Associated with the acquisition of Snyder's-Lance, Inc. (Snyder's-Lance).

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	May 01, 2022
Segment Reporting [Abstract]
Schedule Of Segment Reporting [Table Text Block]	Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Net sales Meals & Beverages $ 1,131 $ 1,062 $ 3,672 $ 3,743 Snacks 999 922 2,903 2,860 Total $ 2,130 $ 1,984 $ 6,575 $ 6,603 Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Earnings before interest and taxes Meals & Beverages $ 220 $ 186 $ 713 $ 785 Snacks 127 102 376 377 Corporate income (expense) (1) (53) (14) (96) (7) Restructuring charges (2) — (2) — (21) Total $ 294 $ 272 $ 993 $ 1,134 _______________________________________ (1) Represents unallocated items. There were pension actuarial losses of $16 million and $12 million in the three- and nine-month periods ended May 1, 2022, and pension actuarial gains of $4 million and $38 million in the three- and nine-month periods ended May 2, 2021, respectively. Costs related to the cost savings initiatives were $6 million and $15 million in the three- and nine-month periods ended May 1, 2022, and $13 million and $22 million in the three- and nine-month periods ended May 2, 2021, respectively. Unrealized mark-to-market adjustments on outstanding undesignated commodity hedges were losses of $5 million and $8 million in the three- and nine-month periods ended May 1, 2022, and gains of $22 million and $39 million in the three- and nine-month periods ended May 2, 2021, respectively. (2) See Note 6 for additional information.
Additional Product Information for Net Sales [Table Text Block]	Our net sales based on product categories are as follows: Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Net sales Soup $ 606 $ 544 $ 2,187 $ 2,164 Snacks 1,039 961 3,008 2,958 Other simple meals 287 278 821 896 Beverages 198 201 559 585 Total $ 2,130 $ 1,984 $ 6,575 $ 6,603

Restructuring Charges and Cos_2

Restructuring Charges and Cost Savings Initiatives (Tables) - 2015 and Snyder's-Lance Initiatives [Member]	9 Months Ended
	May 01, 2022
Schedule Of Pre-Tax Charge And Remaining Costs [Table Text Block]	A summary of the pre-tax charges recorded in Earnings from continuing operations related to these initiatives is as follows: Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Recognized as of May 1, 2022 Restructuring charges $ — $ 2 $ — $ 21 $ 259 Administrative expenses 5 11 10 21 349 Cost of products sold 1 2 5 1 84 Marketing and selling expenses — — — — 13 Research and development expenses — — — — 4 Total pre-tax charges $ 6 $ 15 $ 15 $ 43 $ 709 A summary of the pre-tax costs in Earnings from continuing operations associated with the initiatives is as follows: (Millions) Recognized as of May 1, 2022 Severance pay and benefits $ 222 Asset impairment/accelerated depreciation 82 Implementation costs and other related costs 405 Total $ 709
Schedule Of Restructuring Activity And Related Reserves [Table Text Block]	A summary of the restructuring activity and related reserves associated with continuing operations at May 1, 2022, is as follows: (Millions) Severance Pay and Benefits Implementation Costs and Other Related Costs (2) Total Charges Accrued balance at August 1, 2021 (1) $ 7 2022 charges — 15 $ 15 2022 cash payments (4) Accrued balance at May 1, 2022 $ 3 __________________________________ (1) Includes $1 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 and Cost of products sold in the Consolidated Statements of Earnings.
Schedule Of Restructuring Charges Associated With Each Reportable Segment	A summary of the pre-tax costs in Earnings from continuing operations associated with segments is as follows: May 1, 2022 (Millions) Three Months Ended Nine Months Ended Costs Incurred to Date Meals & Beverages $ — $ 2 $ 225 Snacks 4 11 310 Corporate 2 2 174 Total $ 6 $ 15 $ 709

Pension And Postretirement Be_2

Pension And Postretirement Benefits (Tables)	9 Months Ended
	May 01, 2022
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs [Table Text Block]	Components of net benefit expense (income) were as follows: Three Months Ended Nine Months Ended Pension Postretirement Pension Postretirement (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Service cost $ 3 $ 5 $ — $ — $ 12 $ 14 $ — $ — Interest cost 13 10 1 1 34 30 3 3 Expected return on plan assets (29) (31) — — (91) (92) — — Amortization of prior service cost — — — (2) — — (1) (4) Actuarial losses (gains) 16 (4) — — 12 (38) — — Net periodic benefit expense (income) $ 3 $ (20) $ 1 $ (1) $ (33) $ (86) $ 2 $ (1)

Leases (Tables)

Leases (Tables)	9 Months Ended
	May 01, 2022
Leases [Abstract]
Lease, Cost	The components of lease costs were as follows: Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Operating lease cost $ 19 $ 20 $ 58 $ 60 Finance lease - amortization of right-of-use (ROU) assets 4 1 12 3 Short-term lease cost 15 11 42 32 Variable lease cost (1) 49 45 150 137 Sublease income — (1) — (2) Total $ 87 $ 76 $ 262 $ 230 __________________________________________ (1) Includes labor and other overhead in our service contracts with embedded leases.
Schedule of Leases Reported in Balance Sheet	The following tables summarize the lease amounts recorded in the Consolidated Balance Sheets: Operating Leases (Millions) Balance Sheet Classification May 1, 2022 August 1, 2021 ROU assets, net Other assets $ 246 $ 235 Lease liabilities (current) Accrued liabilities $ 58 $ 54 Lease liabilities (noncurrent) Other liabilities $ 187 $ 180 Finance Leases (Millions) Balance Sheet Classification May 1, 2022 August 1, 2021 ROU assets, net Plant assets, net of depreciation $ 32 $ 29 Lease liabilities (current) Short-term borrowings $ 15 $ 11 Lease liabilities (noncurrent) Long-term debt $ 18 $ 19
Schedule of Supplemental Cash Flow Information Related to Leases	The following table summarizes cash flow and other information related to leases: Nine Months Ended (Millions) May 1, 2022 May 2, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 58 $ 60 Financing cash flows from finance leases $ 12 $ 3 ROU assets obtained in exchange for lease obligations: Operating leases $ 67 $ 39 Finance leases $ 15 $ 4

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	May 01, 2022
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Schedule Of The Fair Value Of Derivative Instruments [Table Text Block]	The following table summarizes the fair value of derivative instruments on a gross basis as recorded in the Consolidated Balance Sheets as of May 1, 2022, and August 1, 2021: (Millions) Balance Sheet Classification May 1, 2022 August 1, 2021 Asset Derivatives Derivatives designated as hedges: Commodity contracts Other current assets $ 10 $ 4 Foreign exchange forward contracts Other current assets 3 1 Total derivatives designated as hedges $ 13 $ 5 Derivatives not designated as hedges: Commodity contracts Other current assets $ 43 $ 49 Deferred compensation contracts Other current assets — 3 Total derivatives not designated as hedges $ 43 $ 52 Total asset derivatives $ 56 $ 57 (Millions) Balance Sheet Classification May 1, 2022 August 1, 2021 Liability Derivatives Derivatives designated as hedges: Foreign exchange forward contracts Accrued liabilities $ — $ 3 Total derivatives designated as hedges $ — $ 3 Derivatives not designated as hedges: Commodity contracts Accrued liabilities $ 2 $ — Deferred compensation contracts Accrued liabilities 4 — Total derivatives not designated as hedges $ 6 $ — Total liability derivatives $ 6 $ 3
Schedule of Offsetting Assets [Table Text Block]	We do not offset the fair values of derivative assets and liabilities executed with the same counterparty that are generally subject to enforceable netting agreements. However, if we were to offset and record the asset and liability balances of derivatives on a net basis, the amounts presented in the Consolidated Balance Sheets as of May 1, 2022, and August 1, 2021, would be adjusted as detailed in the following table: May 1, 2022 August 1, 2021 (Millions) Gross Amounts Presented in the Consolidated Balance Sheet Gross Amounts Not Offset in the Consolidated Balance Sheet Subject to Netting Agreements Net Amount Gross Amounts Presented in the Consolidated Balance Sheet Gross Amounts Not Offset in the Consolidated Balance Sheet Subject to Netting Agreements Net Amount Total asset derivatives $ 56 $ (2) $ 54 $ 57 $ (1) $ 56 Total liability derivatives $ 6 $ (2) $ 4 $ 3 $ (1) $ 2
Schedule of Offsetting Liabilities [Table Text Block]	We do not offset the fair values of derivative assets and liabilities executed with the same counterparty that are generally subject to enforceable netting agreements. However, if we were to offset and record the asset and liability balances of derivatives on a net basis, the amounts presented in the Consolidated Balance Sheets as of May 1, 2022, and August 1, 2021, would be adjusted as detailed in the following table: May 1, 2022 August 1, 2021 (Millions) Gross Amounts Presented in the Consolidated Balance Sheet Gross Amounts Not Offset in the Consolidated Balance Sheet Subject to Netting Agreements Net Amount Gross Amounts Presented in the Consolidated Balance Sheet Gross Amounts Not Offset in the Consolidated Balance Sheet Subject to Netting Agreements Net Amount Total asset derivatives $ 56 $ (2) $ 54 $ 57 $ (1) $ 56 Total liability derivatives $ 6 $ (2) $ 4 $ 3 $ (1) $ 2
Schedule Of Changes In Cash-Flow Hedges In Other Comprehensive Income (Loss) [Table Text Block]	The following tables show the effect of our derivative instruments designated as cash-flow hedges for the three- and nine-month periods ended May 1, 2022, and May 2, 2021, in other comprehensive income (loss) (OCI) and the Consolidated Statements of Earnings: Total Cash-Flow Hedge (Millions) May 1, 2022 May 2, 2021 Three Months Ended OCI derivative gain (loss) at beginning of quarter $ 3 $ (12) Effective portion of changes in fair value recognized in OCI: Commodity contracts 8 2 Foreign exchange forward contracts 1 (4) Amount of loss (gain) reclassified from OCI to earnings: Location in Earnings Commodity contracts Cost of products sold (3) — Foreign exchange forward contracts Cost of products sold (1) 2 OCI derivative gain (loss) at end of quarter $ 8 $ (12) Nine Months Ended OCI derivative gain (loss) at beginning of year $ (5) $ (8) Effective portion of changes in fair value recognized in OCI: Commodity contracts 12 2 Foreign exchange forward contracts 5 (11) Amount of loss (gain) reclassified from OCI to earnings: Location in Earnings Commodity contracts Cost of products sold (6) — Foreign exchange forward contracts Cost of products sold 1 4 Forward starting interest rate swaps Interest expense 1 1 OCI derivative gain (loss) at end of quarter $ 8 $ (12)
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The following tables show the total amounts of line items presented in the Consolidated Statements of Earnings for the three- and nine-month periods ended May 1, 2022, and May 2, 2021, in which the effects of derivative instruments designated as cash-flow hedges are recorded. The total effect of hedge activity on these line items are as follows: Three Months Ended May 1, 2022 May 2, 2021 (Millions) Cost of products sold Interest Cost of products sold Interest Consolidated Statements of Earnings: $ 1,465 $ 51 $ 1,356 $ 53 Loss (gain) on cash-flow hedges: Amount of loss (gain) reclassified from OCI to earnings $ (4) $ — $ 2 $ — Amount excluded from effectiveness testing recognized in earnings using an amortization approach $ — $ — $ — $ — Nine Months Ended May 1, 2022 May 2, 2021 (Millions) Cost of products sold Interest Cost of products sold Interest Consolidated Statements of Earnings: $ 4,519 $ 144 $ 4,379 $ 163 Loss (gain) on cash-flow hedges: Amount of loss (gain) reclassified from OCI to earnings $ (5) $ 1 $ 4 $ 1 Amount excluded from effectiveness testing recognized in earnings using an amortization approach $ — $ — $ — $ —
Derivatives Not Designated as Hedging Instruments [Table Text Block]	The following table shows the effects of our derivative instruments not designated as hedges for the three- and nine-month periods ended May 1, 2022, and May 2, 2021, in the Consolidated Statements of Earnings: Location of Loss (Gain) Recognized in Earnings Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Foreign exchange forward contracts Cost of products sold $ — $ 1 $ — $ 2 Commodity contracts Cost of products sold (9) (24) (28) (39) Deferred compensation contracts Administrative expenses 3 (3) 3 (6) Total loss (gain) $ (6) $ (26) $ (25) $ (43)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	May 01, 2022
Fair Value Disclosures [Abstract]
Fair Value, Assets And Liabilities Measured on Recurring Basis [Table Text Block]	The following tables present our financial assets and liabilities that are measured at fair value on a recurring basis as of May 1, 2022, and August 1, 2021, consistent with the fair value hierarchy: Fair Value as of May 1, 2022 Fair Value Measurements at May 1, 2022 Using Fair Value Hierarchy Fair Value as of August 1, 2021 Fair Value Measurements at August 1, 2021 Using Fair Value Hierarchy (Millions) Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Assets Foreign exchange forward contracts (1) $ 3 $ — $ 3 $ — $ 1 $ — $ 1 $ — Commodity derivative contracts (2) 53 6 39 8 53 21 31 1 Deferred compensation derivative contracts (3) — — — — 3 — 3 — Deferred compensation investments (4) 2 2 — — 3 3 — — Total assets at fair value $ 58 $ 8 $ 42 $ 8 $ 60 $ 24 $ 35 $ 1 Fair Value as of May 1, 2022 Fair Value Measurements at May 1, 2022 Using Fair Value Hierarchy Fair Value as of August 1, 2021 Fair Value Measurements at August 1, 2021 Using Fair Value Hierarchy (Millions) Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Liabilities Foreign exchange forward contracts (1) $ — $ — $ — $ — $ 3 $ — $ 3 $ — Commodity derivative contracts (2) 2 — 2 — — — — — Deferred compensation derivative contracts (3) 4 — 4 — — — — — Deferred compensation obligation (4) 89 89 — — 105 105 — — Total liabilities at fair value $ 95 $ 89 $ 6 $ — $ 108 $ 105 $ 3 $ — ___________________________________ (1) Based on observable market transactions of spot currency rates and forward rates. (2) Level 1 and 2 are based on quoted futures exchanges and on observable prices of futures and options transactions in the marketplace. Level 3 is based on unobservable inputs in which there is little or no market data, which requires management’s own assumptions within an internally developed model. (3) Based on equity index swap rates. (4) Based on the fair value of the participants’ investments.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]	The following table summarizes the changes in fair value of Level 3 assets and liabilities for the nine-month periods ended May 1, 2022, and May 2, 2021: Nine Months Ended (Millions) May 1, 2022 May 2, 2021 Fair value at beginning of year $ 1 $ 2 Gains (losses) 18 2 Settlements (11) (3) Fair value at end of quarter $ 8 $ 1

Stock-based Compensation (Table

Stock-based Compensation (Tables)	9 Months Ended
	May 01, 2022
Stock-based Compensation
Summary of Stock-based Compensation Expense [Table Text Block]	Total pre-tax stock-based compensation expense and tax-related benefits recognized in Earnings from continuing operations were as follows: Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Total pre-tax stock-based compensation expense $ 15 $ 17 $ 46 $ 51 Tax-related benefits $ 3 $ 3 $ 8 $ 9
Share-based Payment Arrangement, Option [Member]
Stock-based Compensation
Schedule Of Stock Option Activity [Table Text Block]	The following table summarizes stock option activity as of May 1, 2022: Options Weighted- Weighted- Aggregate (Options in (In years) (Millions) Outstanding at August 1, 2021 1,372 $ 45.61 Granted — $ — Exercised (32) $ 36.60 Terminated — $ — Outstanding at May 1, 2022 1,340 $ 45.83 5.1 $ 5 Exercisable at May 1, 2022 1,340 $ 45.83 5.1 $ 5
Time Lapse, EPS Performance, And FCF Performance Restricted Stock Units [Member]
Stock-based Compensation
Time-Lapse Restricted Stock Units, EPS Performance Restricted Stock Units and FCF Performance Restricted Stock Units[Table Text Block]	The following table summarizes time-lapse restricted stock units, EPS performance restricted stock units and FCF performance restricted stock units as of May 1, 2022: Units Weighted-Average Grant-Date Fair Value (Restricted stock Nonvested at August 1, 2021 1,814 $ 45.63 Granted 1,538 $ 41.94 Vested (1,173) $ 43.96 Forfeited (194) $ 44.60 Nonvested at May 1, 2022 1,985 $ 43.86
TSR Performance Restricted Stock/Units [Member]
Stock-based Compensation
TSR Performance Restricted Stock Units [Table Text Block]	The following table summarizes TSR performance restricted stock units as of May 1, 2022: Units Weighted-Average Grant-Date Fair Value (Restricted stock Nonvested at August 1, 2021 1,222 $ 53.60 Granted 331 $ 45.54 Vested (178) $ 31.35 Forfeited (188) $ 48.00 Nonvested at May 1, 2022 1,187 $ 55.58
Schedule Of Share Based Payment Award Valuation Assumptions [Table Text Block]	Weighted-average assumptions used in the Monte Carlo simulation were as follows: 2022 2021 Risk-free interest rate 0.46% 0.15% Expected dividend yield 3.50% 2.85% Expected volatility 27.42% 29.99% Expected term 3 years 3 years

Supplemental Financial Statem_2

Supplemental Financial Statement Data (Tables)	9 Months Ended
	May 01, 2022
Disclosure Text Block Supplement [Abstract]
Supplemental Balance Sheet Data	(Millions) May 1, 2022 August 1, 2021 Balance Sheets Inventories Raw materials, containers and supplies $ 381 $ 321 Finished products 663 612 $ 1,044 $ 933
Supplemental Statements of Earnings Data	Three Months Ended Nine Months Ended (Millions) May 1, 2022 May 2, 2021 May 1, 2022 May 2, 2021 Statements of Earnings Other expenses / (income) Amortization of intangible assets $ 10 $ 10 $ 31 $ 31 Net periodic benefit expense (income) other than the service cost 1 (26) (43) (101) Transition services fees — (8) — (20) Other (1) 1 2 4 $ 10 $ (23) $ (10) $ (86)

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Components Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021	Aug. 01, 2021	Aug. 02, 2020
Beginning Balance				$ 5
Other comprehensive income (loss), after-tax		$ 2	$ 6	3	$ 8
Ending Balance		8		8
Accumulated Other Comprehensive Income Foreign Currency Translation Tax (Benefit) Expense		0	0	0	0	$ 0	$ 0
Accumulated Other Comprehensive Income Cashflow Hedges Tax (Benefit) Expense		2	(2)	2	(2)	(1)	(1)
Accumulated Other Comprehensive Income Unamortized Pension And Post Retirement Tax (Benefit) Expense		1	1	1	1	$ 1	$ 2
Accumulated Translation Adjustment [Member]
Beginning Balance	[1]			6	(10)
Other Comprehensive Income (Loss) Before Reclassifications Net Of Tax				(6)	18
Other Comprehensive Income Reclassifications Current Period Net of Tax				0	0
Other comprehensive income (loss), after-tax				(6)	18
Ending Balance	[1]	0	8	0	8
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Beginning Balance	[2]			(4)	(7)
Other Comprehensive Income (Loss) Before Reclassifications Net Of Tax				13	(8)
Other Comprehensive Income Reclassifications Current Period Net of Tax				(3)	5
Other comprehensive income (loss), after-tax				10	(3)
Ending Balance	[2]	6	(10)	6	(10)
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent [Member]
Beginning Balance	[3]			3	7
Other Comprehensive Income (Loss) Before Reclassifications Net Of Tax				0	0
Other Comprehensive Income Reclassifications Current Period Net of Tax				(1)	(3)
Other comprehensive income (loss), after-tax				(1)	(3)
Ending Balance	[3]	2	4	2	4
Accumulated Other Comprehensive Income (Loss) [Member]
Beginning Balance				5	(10)
Other Comprehensive Income (Loss) Before Reclassifications Net Of Tax				7	10
Other Comprehensive Income Reclassifications Current Period Net of Tax				(4)	2
Other comprehensive income (loss), after-tax		2	7	3	12
Ending Balance		$ 8	$ 2	$ 8	$ 2
[1]	Included no tax as of May 1, 2022, August 1, 2021, May 2, 2021 and August 2, 2020.
[2]	Included tax expense of $2 million as of May 1, 2022, a tax benefit of $1 million as of August 1, 2021, $2 million as of May 2, 2021, and $1 million as of August 2, 2020.
[3]	Included tax expense of $1 million as of May 1, 2022, August 1, 2021 and May 2, 2021, and $2 million as of August 2, 2020.

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) (Schecule of amounts reclassified from AOCI) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of Goods and Services Sold	$ (1,465)	$ (1,356)	$ (4,519)	$ (4,379)
Interest Expense	(51)	(53)	(144)	(163)
Other Nonoperating Income (Expense)	(10)	23	10	86
Taxes on earnings	(56)	(53)	(189)	(252)
Net Income (Loss) Attributable to Parent	188	160	661	714
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of Goods and Services Sold	4	(2)	5	(4)
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax	4	(2)	4	(5)
Taxes on earnings	(1)	0	(1)	0
Net Income (Loss) Attributable to Parent	3	(2)	3	(5)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Commodity Derivative Contracts [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of Goods and Services Sold	3	0	6	0
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Foreign Exchange Contract [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of Goods and Services Sold	1	(2)	(1)	(4)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Interest Rate Contract [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Interest Expense	0	0	(1)	(1)
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Nonoperating Income (Expense)	0	2	1	4
Taxes on earnings	0	(1)	0	(1)
Net Income (Loss) Attributable to Parent	$ 0	$ 1	$ 1	$ 3

Goodwill And Intangible Asset_2

Goodwill And Intangible Assets (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 10	$ 10	$ 31	$ 31
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	41		41
Finite-Lived Intangible Assets, Amortization Expense, Year Two	41		41
Finite Lived Intangible Assets, Amortization Expense, Year Three	41		41
Finite Lived Intangible Assets, Amortization Expense, Year Four	41		41
Finite Lived Intangible Assets, Amortization Expense, Year Five	$ 41		$ 41
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	17 years

Goodwill And Intangible Asset_3

Goodwill And Intangible Assets (Goodwill) (Details) $ in Millions	9 Months Ended
	May 01, 2022USD ($)
Goodwill [Line Items]
Beginning Balance	$ 3,981
Goodwill, Other Increase (Decrease)	0	[1]
Foreign currency translation adjustment	(3)
Ending Balance	3,978
Meals & Beverages [Member]
Goodwill [Line Items]
Beginning Balance	970
Goodwill, Other Increase (Decrease)	25	[1]
Foreign currency translation adjustment	(3)
Ending Balance	992
Snacks [Member]
Goodwill [Line Items]
Beginning Balance	3,011
Goodwill, Other Increase (Decrease)	(25)	[1]
Foreign currency translation adjustment	0
Ending Balance	$ 2,986
[1]	See Note 5 for additional information.

Goodwill And Intangible Asset_4

Goodwill And Intangible Assets (Intangible Assets) (Details) - USD ($) $ in Millions	May 01, 2022	Aug. 01, 2021
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, net of amortization	$ 3,208	$ 3,239
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)	2,549	2,549
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	830	830
Finite-Lived Intangible Assets, Accumulated Amortization	(171)	(140)
Finite-Lived Intangible Assets, Net	$ 659	$ 690

Goodwill And Intangible Asset_5

Goodwill And Intangible Assets (Indefinite Lived Intangibles (Details) - USD ($) $ in Millions		May 01, 2022	Aug. 01, 2021
Trade Name - Snyder's of Hanover [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)		$ 620	$ 620
Trade Names - Lance
Acquired Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)		350	350
Trade Names - Pace [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)		292	292
Trade Name - Pacific Foods [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)		280	280
Trade Names - Other
Acquired Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)	[1]	1,007	1,007
Trademarks [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)		$ 2,549	$ 2,549
[1]	Associated with the acquisition of Snyder's-Lance, Inc. (Snyder's-Lance).

Segment Information (Schedule O

Segment Information (Schedule Of Segment Reporting - Net Sales) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Segment Reporting Information [Line Items]
Net sales	$ 2,130	$ 1,984	$ 6,575	$ 6,603
Meals & Beverages [Member]
Segment Reporting Information [Line Items]
Net sales	1,131	1,062	3,672	3,743
Snacks [Member]
Segment Reporting Information [Line Items]
Net sales	$ 999	$ 922	$ 2,903	$ 2,860

Segment Information (Schedule_2

Segment Information (Schedule Of Segment Reporting - Earnings Before Interest And Taxes) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Segment Reporting Information [Line Items]
Earnings before interest and taxes		$ 294	$ 272	$ 993	$ 1,134
Meals & Beverages [Member]
Segment Reporting Information [Line Items]
Earnings before interest and taxes		220	186	713	785
Snacks [Member]
Segment Reporting Information [Line Items]
Earnings before interest and taxes		127	102	376	377
Corporate
Segment Reporting Information [Line Items]
Earnings before interest and taxes	[1]	(53)	(14)	(96)	(7)
Defined Benefit Plan, Actuarial Gain (Loss)		(16)	4	(12)	38
Restructuring and Related Cost, Incurred Cost		(6)	(13)	(15)	(22)
Unrealized Gain (Loss) on Commodity Contracts		(5)	22	(8)	39
Corporate | Restructuring Charges [Member]
Segment Reporting Information [Line Items]
Earnings before interest and taxes	[2]	$ 0	$ (2)	$ 0	$ (21)
[1]	Represents unallocated items. There were pension actuarial losses of $16 million and $12 million in the three- and nine-month periods ended May 1, 2022, and pension actuarial gains of $4 million and $38 million in the three- and nine-month periods ended May 2, 2021, respectively. Costs related to the cost savings initiatives were $6 million and $15 million in the three- and nine-month periods ended May 1, 2022, and $13 million and $22 million in the three- and nine-month periods ended May 2, 2021, respectively. Unrealized mark-to-market adjustments on outstanding undesignated commodity hedges were losses of $5 million and $8 million in the three- and nine-month periods ended May 1, 2022, and gains of $22 million and $39 million in the three- and nine-month periods ended May 2, 2021, respectively.
[2]	See Note 6 for additional information.

Segment Information (Additional

Segment Information (Additional Product Information For Net Sales) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Segment Reporting Information [Line Items]
Net sales	$ 2,130	$ 1,984	$ 6,575	$ 6,603
Soup [Member]
Segment Reporting Information [Line Items]
Net sales	606	544	2,187	2,164
Snacks [Member]
Segment Reporting Information [Line Items]
Net sales	1,039	961	3,008	2,958
Other Simple Meals [Member]
Segment Reporting Information [Line Items]
Net sales	287	278	821	896
Beverages [Member]
Segment Reporting Information [Line Items]
Net sales	$ 198	$ 201	$ 559	$ 585

Restructuring Charges and Cos_3

Restructuring Charges and Cost Savings Initiatives (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended		12 Months Ended
	Jan. 31, 2021	May 01, 2022	May 02, 2021	Jul. 31, 2022
Restructuring Cost and Reserve [Line Items]
Purchases of plant assets		$ 179	$ 190
2015 and Snyder's-Lance Initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Purchases of plant assets		$ 433
2015 and Snyder's-Lance Initiatives [Member] | Meals & Beverages [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost Allocation		31.00%
2015 and Snyder's-Lance Initiatives [Member] | Snacks [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost Allocation		43.00%
2015 and Snyder's-Lance Initiatives [Member] | Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost Allocation		26.00%
2015 and Snyder's-Lance Initiatives [Member] | Forecast [Member]
Restructuring Cost and Reserve [Line Items]
Purchases of plant assets				$ 440
2015 and Snyder's-Lance Initiatives [Member] | Severance Pay And Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		$ 225
2015 and Snyder's-Lance Initiatives [Member] | Asset Impairment Accelerated Depreciation [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		85
2015 and Snyder's-Lance Initiatives [Member] | Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		725
Effect on Future Cash Flows, Amount		625
2015 and Snyder's-Lance Initiatives [Member] | Minimum [Member] | Implementation Costs and Other Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		415
2015 and Snyder's-Lance Initiatives [Member] | Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		735
Effect on Future Cash Flows, Amount		635
2015 and Snyder's-Lance Initiatives [Member] | Maximum [Member] | Implementation Costs and Other Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		$ 425
Snyder's- Lance Cost Transformation Program and Integration
Restructuring Cost and Reserve [Line Items]
Deferred Income Tax Expense (Benefit)	$ 19

Restructuring Charges and Cos_4

Restructuring Charges and Cost Savings Initiatives (Schedule Of Pre-Tax Charges) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 0	$ 2	$ 0	$ 21
2015 and Snyder's-Lance Initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges	0	2	0	21
Restructuring and Related Cost, Incurred Cost	6	15	15	43
Restructuring and Related Cost, Cost Incurred to Date	709		709
2015 and Snyder's-Lance Initiatives [Member] | Severance Pay And Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost			0
Restructuring and Related Cost, Cost Incurred to Date	222		222
2015 and Snyder's-Lance Initiatives [Member] | Asset Impairment Accelerated Depreciation [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	82		82
2015 and Snyder's-Lance Initiatives [Member] | Implementation Costs and Other Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	405		405
2015 and Snyder's-Lance Initiatives [Member] | Restructuring Charges [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	259		259
2015 and Snyder's-Lance Initiatives [Member] | General and Administrative Expense [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	5	11	10	21
Restructuring and Related Cost, Cost Incurred to Date	349		349
2015 and Snyder's-Lance Initiatives [Member] | Cost Of Products Sold [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	1	2	5	1
Restructuring and Related Cost, Cost Incurred to Date	84		84
2015 and Snyder's-Lance Initiatives [Member] | Selling and Marketing Expense [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	0	0	0	0
Restructuring and Related Cost, Cost Incurred to Date	13		13
2015 and Snyder's-Lance Initiatives [Member] | Research and Development Expense [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	0	$ 0	0	$ 0
Restructuring and Related Cost, Cost Incurred to Date	$ 4		$ 4

Restructuring Charges and Cos_5

Restructuring Charges and Cost Savings Initiatives (Schedule Of Restructuring Activity And Related Reserves) (Details) - 2015 and Snyder's-Lance Initiatives [Member] - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021	Aug. 01, 2021
Restructuring Reserve [Roll Forward]
Restructuring and Related Cost, Incurred Cost		$ 6	$ 15	$ 15	$ 43
Severance Pay And Benefits [Member]
Restructuring Reserve [Roll Forward]
Accrued Balance at beginning of period	[1]			7
Restructuring and Related Cost, Incurred Cost				0
Cash Payments				(4)
Accrued Balance at end of period		$ 3		3
Restructuring Reserve, Noncurrent						$ 1
Other Cost Savings Implementation Costs [Member]
Restructuring Reserve [Roll Forward]
Restructuring and Related Cost, Incurred Cost	[2]			$ 15
[1]	Includes $1 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 and Cost of products sold in the Consolidated Statements of Earnings.

Restructuring Charges and Cos_6

Restructuring Charges and Cost Savings Initiatives (Schedule Of Restructuring Charges Associated With Each Reportable Segment) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 6	$ 13	$ 15	$ 22
2015 and Snyder's-Lance Initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	709		709
Restructuring and Related Cost, Incurred Cost	6	$ 15	15	$ 43
2015 and Snyder's-Lance Initiatives [Member] | Meals & Beverages [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	225		225
Restructuring and Related Cost, Incurred Cost	0		2
2015 and Snyder's-Lance Initiatives [Member] | Snacks [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	310		310
Restructuring and Related Cost, Incurred Cost	4		11
2015 and Snyder's-Lance Initiatives [Member] | Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	174		174
Restructuring and Related Cost, Incurred Cost	$ 2		$ 2

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options not included in the diluted earnings per share calculation as they were antidilutive	1	1	1	1

Pension And Postretirement Be_3

Pension And Postretirement Benefits (Schedule Of Components of Benefit Expense) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Service Cost	$ 3	$ 5	$ 12	$ 14
Defined Benefit Plan, Interest Cost	13	10	34	30
Expected return on plan assets	(29)	(31)	(91)	(92)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)	0	0	0	0
Defined Benefit Plan, Actuarial Gain (Loss)	(16)	4	(12)	38
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	3	(20)	(33)	(86)
Other Postretirement Benefit Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Service Cost	0	0	0	0
Defined Benefit Plan, Interest Cost	1	1	3	3
Expected return on plan assets	0	0	0	0
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)	0	(2)	(1)	(4)
Defined Benefit Plan, Actuarial Gain (Loss)	0	0	0	0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	$ 1	$ (1)	$ 2	$ (1)

Leases (Costs) (Details)

Leases (Costs) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Operating Lease, Cost		$ 19	$ 20	$ 58	$ 60
Finance lease, amortization of right-of-use assets		4	1	12	3
Short-term Lease, Cost		15	11	42	32
Variable Lease, Cost	[1]	49	45	150	137
Sublease Income		0	(1)	0	(2)
Lease, Cost, Total		$ 87	$ 76	$ 262	$ 230
[1]	Includes labor and other overhead in our service contracts with embedded leases.

Leases (Reported in Balance She

Leases (Reported in Balance Sheet) (Details) - USD ($) $ in Millions	May 01, 2022	Aug. 01, 2021
Other Assets [Member]
Operating Lease, Right-of-Use Asset	$ 246	$ 235
Accrued Liabilities [Member]
Operating Lease, Liability, Current	58	54
Other Liabilities [Member]
Operating Lease, Liability, Noncurrent	187	180
Property, Plant and Equipment [Member]
Finance Lease, Right-of-Use Asset	32	29
Short-term Debt [Member]
Finance Lease, Liability, Current	15	11
Long-term Debt [Member]
Finance Lease, Liability, Noncurrent	$ 18	$ 19

Leases (Supplemental Cash Flow

Leases (Supplemental Cash Flow Information) (Details) - USD ($) $ in Millions	9 Months Ended
	May 01, 2022	May 02, 2021
Leases [Abstract]
Operating Lease, Payments	$ 58	$ 60
Finance Lease, Principal Payments	12	3
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	67	39
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	$ 15	$ 4

Debt Extinguishment (Narrative)

Debt Extinguishment (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	May 01, 2022	May 01, 2022	May 02, 2021
Debt Instrument [Line Items]
Payments related to extinguishment of debt		$ 453	$ 0
2.50% Notes
Debt Instrument [Line Items]
Notes Payable, Current	$ 450	$ 450
Debt Instrument, Interest Rate, Stated Percentage	2.50%	2.50%
Payments related to extinguishment of debt	$ 453
Gain (Loss) on Extinguishment of Debt, before Write off of Debt Issuance Cost	(3)
Loss on extinguishment of debt	$ 4

Financial Instruments (Narrativ

Financial Instruments (Narrative) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	May 01, 2022	Aug. 01, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	$ 13
Accrued Liabilities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Margin Deposit Liabilities	$ (3)	$ (14)
Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Contracts Mature Within, Months	18 months
Commodity Derivative Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Maximum Length of Contract Maturity	18 months
Deferred Compensation Derivative Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Maximum Length of Contract Maturity	12 months
Derivatives Designated As Hedges [Member] | Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	$ 176	134
Derivatives Designated As Hedges [Member] | Commodity Derivative Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	9	18
Derivatives Not Designated As Hedges [Member] | Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	15	13
Derivatives Not Designated As Hedges [Member] | Commodity Derivative Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	184	190
Derivatives Not Designated As Hedges [Member] | Embedded Derivative Financial Instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	63	38
Derivatives Not Designated As Hedges [Member] | Deferred Compensation Derivative Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	$ 50	$ 29
Wal-Mart Stores, Inc. [Member] | Customer Concentration Risk [Member] | Revenue Benchmark [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Concentration Risk, Percentage		21.00%
Top Five Customers [Member] | Customer Concentration Risk [Member] | Revenue Benchmark [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Concentration Risk, Percentage		46.00%

Financial Instruments (Schedule

Financial Instruments (Schedule Of The Fair Value Of Derivative Instruments) (Details) - USD ($) $ in Millions	May 01, 2022	Aug. 01, 2021
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 56	$ 57
Derivative Liability, Fair Value, Gross Liability	6	3
Derivatives Designated As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	13	5
Derivative Liability, Fair Value, Gross Liability	0	3
Derivatives Designated As Hedges [Member] | Commodity Derivative Contracts [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	10	4
Derivatives Designated As Hedges [Member] | Foreign Exchange Forward Contracts [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	3	1
Derivatives Designated As Hedges [Member] | Foreign Exchange Forward Contracts [Member] | Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	0	3
Derivatives Not Designated As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	43	52
Derivative Liability, Fair Value, Gross Liability	6	0
Derivatives Not Designated As Hedges [Member] | Commodity Derivative Contracts [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	43	49
Derivatives Not Designated As Hedges [Member] | Commodity Derivative Contracts [Member] | Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	2	0
Derivatives Not Designated As Hedges [Member] | Deferred Compensation Derivative Contracts [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	0	3
Derivatives Not Designated As Hedges [Member] | Deferred Compensation Derivative Contracts [Member] | Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	$ 4	$ 0

Financial Instruments (Offsetti

Financial Instruments (Offsetting Assets and Liabilities) (Details) - USD ($) $ in Millions	May 01, 2022	Aug. 01, 2021
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Derivative Assets	$ 56	$ 57
Derivative Asset, Not Offset, Policy Election Deduction	(2)	(1)
Derivative Asset, Fair Value, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election, Total	54	56
Derivative Liability	6	3
Derivative Liability, Not Offset, Policy Election Deduction	(2)	(1)
Derivative Liability, Fair Value, Amount Offset Against Collateral	$ 4	$ 2

Financial Instruments (Schedu_2

Financial Instruments (Schedule Of Changes In Cash Flow Hedges In Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Derivative Instruments, Gain (Loss) [Line Items]
OCI before tax accumulated derivative gain (loss) beginning of period	$ 3	$ (12)	$ (5)	$ (8)
OCI before tax accumulated derivative gain (loss) end of period	8	(12)	8	(12)
Commodity Derivative Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
OCI, before Reclassifications, before Tax, Attributable to Parent	8	2	12	2
Commodity Derivative Contracts [Member] | Cost Of Products Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	(3)	0	(6)	0
Foreign Exchange Forward
Derivative Instruments, Gain (Loss) [Line Items]
OCI, before Reclassifications, before Tax, Attributable to Parent	1	(4)	5	(11)
Foreign Exchange Forward | Cost Of Products Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	$ (1)	$ 2	1	4
Interest Rate Contract [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax			$ 1	$ 1

Financial Instruments (Schedu_3

Financial Instruments (Schedule of Cash Flow Hedges in Statements of Earnings) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Cost of products sold	$ 1,465	$ 1,356	$ 4,519	$ 4,379
Interest expense	51	53	144	163
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Cost Of Products Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) from Components Excluded from Assessment of Cash Flow Hedge Effectiveness, Net	0	0	0	0
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) from Components Excluded from Assessment of Cash Flow Hedge Effectiveness, Net	0	0	0	0
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Cost of products sold	(4)	2	(5)	4
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Interest expense	$ 0	$ 0	$ 1	$ 1

Financial Instruments (Derivati

Financial Instruments (Derivatives Not Designated As Hedges) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) or Loss Recognized in Earnings on Derivatives	$ (6)	$ (26)	$ (25)	$ (43)
Foreign Exchange Forward Contracts [Member] | Cost Of Products Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) or Loss Recognized in Earnings on Derivatives	0	1	0	2
Commodity Derivative Contracts [Member] | Cost Of Products Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) or Loss Recognized in Earnings on Derivatives	(9)	(24)	(28)	(39)
Deferred Compensation Derivative Contracts [Member] | General and Administrative Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) or Loss Recognized in Earnings on Derivatives	$ 3	$ (3)	$ 3	$ (6)

Fair Value Measurements Fair Va

Fair Value Measurements Fair Value Measurements Narrative (Details) - USD ($) $ in Millions	May 01, 2022	Aug. 01, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, Fair Value Disclosure	$ 39	$ 0
Debt, Long-term and Short-term, Combined Amount	4,748	5,058
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	39	0
Debt Instrument, Fair Value Disclosure	$ 4,541	$ 5,613

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Measurement Of Assets And Liabilities) (Details) - USD ($) $ in Millions		May 01, 2022	Aug. 01, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets at fair value		$ 56	$ 57
Derivatives liabilities at fair value		6	3
Measured On Recurring Basis [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		58	60
Total liabilities at fair value		95	108
Measured On Recurring Basis [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		8	24
Total liabilities at fair value		89	105
Measured On Recurring Basis [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		42	35
Total liabilities at fair value		6	3
Measured On Recurring Basis [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		8	1
Measured On Recurring Basis [Member] | Foreign Exchange Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets at fair value	[1]	3	1
Derivatives liabilities at fair value	[1]	0	3
Measured On Recurring Basis [Member] | Foreign Exchange Forward Contracts [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets at fair value	[1]	3	1
Derivatives liabilities at fair value	[1]	0	3
Measured On Recurring Basis [Member] | Commodity Derivative Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets at fair value	[2]	53	53
Derivatives liabilities at fair value	[2]	2	0
Measured On Recurring Basis [Member] | Commodity Derivative Contracts [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets at fair value	[2]	6	21
Measured On Recurring Basis [Member] | Commodity Derivative Contracts [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets at fair value	[2]	39	31
Derivatives liabilities at fair value	[2]	2	0
Measured On Recurring Basis [Member] | Commodity Derivative Contracts [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets at fair value	[2]	8	1
Measured On Recurring Basis [Member] | Deferred Compensation Derivative Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets at fair value	[3]	0	3
Derivatives liabilities at fair value	[3]	4	0
Measured On Recurring Basis [Member] | Deferred Compensation Derivative Contracts [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets at fair value	[3]	0	3
Derivatives liabilities at fair value	[3]	4	0
Measured On Recurring Basis [Member] | Deferred Compensation Investment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	[4]	2	3
Measured On Recurring Basis [Member] | Deferred Compensation Investment [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments at fair value	[4]	2	3
Measured On Recurring Basis [Member] | Deferred Compensation Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation obligation	[4]	89	105
Measured On Recurring Basis [Member] | Deferred Compensation Obligation [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation obligation	[4]	$ 89	$ 105
[1]	Based on observable market transactions of spot currency rates and forward rates.
[2]	Level 1 and 2 are based on quoted futures exchanges and on observable prices of futures and options transactions in the marketplace. Level 3 is based on unobservable inputs in which there is little or no market data, which requires management’s own assumptions within an internally developed model.
[3]	Based on equity index swap rates.
[4]	Based on the fair value of the participants’ investments.

Fair Value Measurements (Assets

Fair Value Measurements (Assets Measured on Recurring Basis Unobservable Input Reconciliation (Details) - USD ($) $ in Millions	9 Months Ended
	May 01, 2022	May 02, 2021	Aug. 01, 2021	Aug. 02, 2020
Fair Value Disclosures [Abstract]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	$ 8	$ 1	$ 1	$ 2
Fair Value, Level 3 investment gain (Loss) Included in Earnings	18	2
Fair Value, Level 3 Investment, Settlements	$ (11)	$ (3)

Share Repurchases (Narrative) (

Share Repurchases (Narrative) (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Statement [Line Items]
Treasury stock purchased, Shares			2.7
Shares repurchased, value	$ 51	$ 0	$ 116	$ 0
Capital Stock In Treasury [Member]
Statement [Line Items]
Treasury stock purchased, Shares	2	0	3	0
Shares repurchased, value	$ 51	$ 0	$ 116	$ 0
June 2021 Program
Statement [Line Items]
Authorized amount for shares repurchase	250		250
Shares repurchased, value			41
Stock Repurchase Program, Remaining Authorized Repurchase Amount	173		173
September 2021 Program
Statement [Line Items]
Authorized amount for shares repurchase	500		500
Shares repurchased, value			75
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 425		$ 425

Stock-based Compensation (Narra

Stock-based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 31, 2021	Nov. 01, 2020	May 01, 2022	May 02, 2021	Jul. 28, 2019	Aug. 01, 2021
Stock-based Compensation
Excess Tax Benefit/(Deficiency) from Share-based Compensation, Operating Activities			$ 1	$ 1
Cash received from the exercise of stock options			1	2
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value			$ 0	0
EPS Performance Restricted Stock Units [Member]
Stock-based Compensation
Nonvested, Units			309
Nonvested, Weighted-Average Grant-Date Fair Value			$ 41.50
EPS Performance Restricted Stock Units [Member] | Minimum [Member]
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			0.00%
EPS Performance Restricted Stock Units [Member] | Maximum [Member]
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			200.00%
FCF Performance Restricted Stock Units [Member]
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	167.00%
Share Based Compensation Arrangements By Share Based Payment Award Equity Instruments Other than Options Issued in Period					388
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			3 years
Nonvested, Units	0
FCF Performance Restricted Stock Units [Member] | Minimum [Member]
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			0.00%
FCF Performance Restricted Stock Units [Member] | Maximum [Member]
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			200.00%
FCF Performance Restricted Stock Units Additional Shares [Member]
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	158
Time Lapse, EPS Performance, And FCF Performance Restricted Stock Units [Member]
Stock-based Compensation
Remaining unearned compensation on nonvested awards			$ 45
Weighted-average remaining service period, years			1 year 10 months 24 days
Nonvested, Units			1,985			1,814
Fair value of restricted units and shares vested			$ 50	$ 38
Granted, Weighted-Average Grant-Date Fair Value			$ 41.94	$ 48.43
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			1,538
Nonvested, Weighted-Average Grant-Date Fair Value			$ 43.86			$ 45.63
TSR Performance Restricted Stock/Units [Member]
Stock-based Compensation
Remaining unearned compensation on nonvested awards			$ 20
Weighted-average remaining service period, years			1 year 7 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	75.00%	50.00%
Nonvested, Units			1,187			1,222
Fair value of restricted units and shares vested			$ 8	$ 11
Granted, Weighted-Average Grant-Date Fair Value			$ 45.54	$ 54.93
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			331
Nonvested, Weighted-Average Grant-Date Fair Value			$ 55.58			$ 53.60

Stock-based Compensation (Summa

Stock-based Compensation (Summary of Stock-based Compensation Expense) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Share-based Payment Arrangement [Abstract]
Total pre-tax stock-based compensation expense	$ 15	$ 17	$ 46	$ 51
Tax-related benefits	$ 3	$ 3	$ 8	$ 9

Stock-based Compensation (Sched

Stock-based Compensation (Schedule Of Stock Option Activity) (Details) $ / shares in Units, shares in Thousands, $ in Millions	9 Months Ended
	May 01, 2022USD ($)$ / sharesshares
Share-based Payment Arrangement [Abstract]
Beginning of period, Options | shares	1,372
Granted, Options | shares	0
Exercised, Options | shares	(32)
Terminated, Options | shares	0
End of period, Options | shares	1,340
Exercisable at end of period, Options | shares	1,340
Beginning of period, Weighted-Average Exercise Price | $ / shares	$ 45.61
Granted, Weighted-Average Exercise Price | $ / shares	0
Exercised, Weighted-Average Exercise Price | $ / shares	36.60
Terminated, Weighted-Average Exercise Price | $ / shares	0
End of period, Weighted-Average Exercise Price | $ / shares	45.83
Exercisable at end of period, Weighted-Average Exercise Price | $ / shares	$ 45.83
Outstanding at end of period, Weighted-Average Remaining Contractual Life (In years)	5 years 1 month 6 days
Exercisable at end of period, Weighted-Average Remaining Contractual Life (In years)	5 years 1 month 6 days
Outstanding at end of period, Aggregate Intrinsic Value | $	$ 5
Exercisable at end of period, Aggregate Intrinsic Value | $	$ 5

Stock-based Compensation (Time-

Stock-based Compensation (Time-Lapse Restricted Stock Units, EPS Performance Restricted Stock Units. FCF Performance Restricted Stock Units, And TSR Performance Restricted Stock Units) (Details) - $ / shares shares in Thousands	9 Months Ended
	May 01, 2022	May 02, 2021
Time Lapse, EPS Performance, And FCF Performance Restricted Stock Units [Member]
Stock-based Compensation
Nonvested at beginning of period, Units	1,814
Granted, Units	1,538
Vested, Units	(1,173)
Forfeited, Units	(194)
Nonvested at end of period, Units	1,985
Nonvested at beginning of period, Weighted-Average Grant-Date Fair Value	$ 45.63
Granted, Weighted-Average Grant-Date Fair Value	41.94	$ 48.43
Vested, Weighted-Average Grant-Date Fair Value	43.96
Forfeited, Weighted Average Grant Date Fair Value	44.60
Nonvested at end of period, Weighted-Average Grant-Date Fair Value	$ 43.86
TSR Performance Restricted Stock/Units [Member]
Stock-based Compensation
Nonvested at beginning of period, Units	1,222
Granted, Units	331
Vested, Units	(178)
Forfeited, Units	(188)
Nonvested at end of period, Units	1,187
Nonvested at beginning of period, Weighted-Average Grant-Date Fair Value	$ 53.60
Granted, Weighted-Average Grant-Date Fair Value	45.54	$ 54.93
Vested, Weighted-Average Grant-Date Fair Value	31.35
Forfeited, Weighted Average Grant Date Fair Value	48
Nonvested at end of period, Weighted-Average Grant-Date Fair Value	$ 55.58

Stock-based Compensation (Valua

Stock-based Compensation (Valuation Assumptions) (Details) - TSR Performance Restricted Stock/Units [Member]	9 Months Ended
	May 01, 2022	May 02, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	0.46%	0.15%
Expected dividend yield	3.50%	2.85%
Expected volatility	27.42%	29.99%
Expected term, years	3 years	3 years

Supplemental Financial Statem_3

Supplemental Financial Statement Data (Schedule of Balance Sheets) (Details) - USD ($) $ in Millions	May 01, 2022	Aug. 01, 2021
Inventory, Net [Abstract]
Inventory, raw materials, containers and supplies	$ 381	$ 321
Inventory, finished products	663	612
Inventories	$ 1,044	$ 933

Supplemental Financial Statem_4

Supplemental Financial Statement Data (Schedule of Statement of Earnings) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 01, 2022	May 02, 2021	May 01, 2022	May 02, 2021
Disclosure Text Block Supplement [Abstract]
Amortization of Intangible Assets	$ 10	$ 10	$ 31	$ 31
Net periodic benefits expense (income), other than the service cost	1	(26)	(43)	(101)
Transition services fees	0	(8)	0	(20)
Other	(1)	1	2	4
Other expenses / (income)	$ 10	$ (23)	$ (10)	$ (86)