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Acquistions
3 Months Ended
Nov. 02, 2014
Business Combinations [Abstract]  
Acquisitions
Acquisitions
On August 8, 2013, we completed the acquisition of Kelsen Group A/S (Kelsen). The final all-cash purchase price was $331. Kelsen is a producer of quality baked snacks that are sold in 85 countries around the world. Its primary brands include Kjeldsens and Royal Dansk.
For the three-month period ended October 27, 2013, the Kelsen acquisition contributed $52 to Net sales and had no impact on Net earnings.
The following unaudited summary information is presented on a consolidated pro forma basis as if the Kelsen acquisition had occurred on July 30, 2012:
 
 
Three Months Ended
 
 
October 27, 2013
Net sales
 
$
2,169

Earnings from continuing operations attributable to Campbell Soup Company
 
$
182

Earnings per share from continuing operations attributable to Campbell Soup Company
 
$
.57


The pro forma amounts include additional interest expense on the debt issued to finance the purchase, amortization and depreciation expense based on the estimated fair value and useful lives of intangible assets and plant assets, and related tax effects. The pro forma results are not necessarily indicative of the combined results had the Kelsen acquisition been completed on July 30, 2012, nor are they indicative of future combined results.