Acquistions

3 Months Ended

Nov. 01, 2015

Business Combinations [Abstract]

Acquisitions

Acquisitions

On June 29, 2015, we completed the acquisition of the assets of Garden Fresh Gourmet for $232. Garden Fresh Gourmet is a provider of refrigerated salsa in North America, and it also produces hummus, dips and tortilla chips. It is included in the Campbell Fresh segment.

The purchase price allocation is preliminary and is subject to the finalization of appraisals, which will be completed in 2016.

For the three-month period ended November 1, 2015, Garden Fresh Gourmet contributed $26 to Net sales. Its contribution to Net earnings was not material.

The following unaudited summary information is presented on a consolidated pro forma basis as if the Garden Fresh Gourmet acquisition had occurred on July 29, 2013:

	Three Months Ended
	November 2, 2014
Net sales	$	2,280
Net earnings attributable to Campbell Soup Company	$	249
Net earnings per share attributable to Campbell Soup Company - assuming dilution	$	.79

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 Garden Fresh Gourmet acquisition been completed on July 29, 2013, nor are they indicative of future combined results.