XML 14 R48.htm IDEA: XBRL DOCUMENT v3.3.1.900
Summary of Significant Accounting Policies (Change in Accounting Policies) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Aug. 02, 2015
May. 03, 2015
Feb. 01, 2015
Nov. 02, 2014
Aug. 03, 2014
Apr. 27, 2014
Jan. 26, 2014
Oct. 27, 2013
Aug. 02, 2015
Aug. 03, 2014
Jul. 28, 2013
Jul. 30, 2012
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                        
Cost of products sold                 $ 5,300 $ 5,297 $ 4,967  
Marketing and selling expenses                 884 929 879  
Administrative expenses                 601 576 561  
Research and development expenses                 117 122 95  
Restructuring Charges                 102 55 47  
Earnings before interest and taxes                 1,054 1,267 1,474  
Earnings before taxes                 949 1,148 1,349  
Taxes on earnings                 283 374 415  
Earnings from continuing operations         $ 119 $ 209 $ 248 $ 209 666 774 934  
Net earnings                 666 855 703  
Net earnings attributable to Campbell Soup Company $ 17 $ 179 $ 222 $ 248 $ 119 $ 209 $ 338 $ 200 $ 666 $ 866 $ 712  
Earnings (loss) from continuing operations, per basic share         $ 0.38 $ 0.67 $ 0.79 $ 0.67 $ 2.13 $ 2.50 $ 3.00  
Earnings per share, basic $ 0.05 $ 0.58 $ 0.71 $ 0.79 0.38 0.67 1.08 0.64 2.13 2.76 2.27  
Earnings (loss) from continuing operations, per diluted share         0.38 0.66 0.78 0.66 2.13 2.48 2.97  
Earnings per share, diluted $ 0.05 $ 0.57 $ 0.71 $ 0.78 $ 0.38 $ 0.66 $ 1.07 $ 0.63 $ 2.13 $ 2.74 $ 2.25  
Foreign currency translation adjustments, before tax                 $ (312) $ (5) $ (90)  
Net actuarial gain (loss) arising during the period, before tax                 0 0 0  
Reclassification of net actuarial loss included in net earnings, before tax                 0 0 0  
Total Pension and Other Postretirement Benefit amortization included in net earnings, tax expense (benefit)                 1 1 1  
Other comprehensive income (loss), tax (expense) benefit                 (6) (7) 5  
Inventories $ 995       $ 1,014       995 1,014    
Other current assets 198       183       198 183    
Earnings retained in the business 1,754       1,483       1,754 1,483    
Accumulated other comprehensive income (loss) (168)       145       (168) 145    
Pension and other postretirement benefit expense / (income)                 118 58 (307)  
Deferred income taxes                 (49) 38 (31)  
Other noncash income (expense)                 21 9 29  
Increase (decrease) in inventories                 (18) (80) (103)  
Net cash provided by operating activities                 1,182 899 1,019  
Scenario, Previously Reported [Member]                        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                        
Cost of products sold                 5,277 5,370 5,140  
Marketing and selling expenses                 878 935 947  
Administrative expenses                 593 573 677  
Research and development expenses                 113 121 128  
Restructuring Charges                     51  
Earnings before interest and taxes                 1,095 1,192 1,080  
Earnings before taxes                 990 1,073 955  
Taxes on earnings                 299 347 275  
Earnings from continuing operations         137 $ 184 $ 235 $ 181   726 680  
Net earnings                 691 807 449  
Net earnings attributable to Campbell Soup Company $ 68 $ 182 $ 207 $ 234 $ 137 $ 184 $ 325 $ 172 $ 691 $ 818 $ 458  
Earnings (loss) from continuing operations, per basic share         $ 0.44 $ 0.59 $ 0.75 $ 0.58   $ 2.35 $ 2.19  
Earnings per share, basic $ 0.22 $ 0.59 $ 0.66 $ 0.75 0.44 0.59 1.04 0.55 $ 2.21 2.61 1.46  
Earnings (loss) from continuing operations, per diluted share         0.43 0.58 0.74 0.57   2.33 2.17  
Earnings per share, diluted $ 0.22 $ 0.58 $ 0.66 $ 0.74 $ 0.43 $ 0.58 $ 1.03 $ 0.54 $ 2.21 $ 2.59 $ 1.44  
Foreign currency translation adjustments, before tax                 $ (324) $ (12) $ (95)  
Net actuarial gain (loss) arising during the period, before tax                 (124) (55) 322  
Reclassification of net actuarial loss included in net earnings, before tax                 98 113 124  
Total Pension and Other Postretirement Benefit amortization included in net earnings, tax expense (benefit)                 12 (19) (157)  
Inventories $ 993       $ 1,016       993 1,016    
Other current assets 199       182       199 182    
Earnings retained in the business 2,494       2,198       2,494 2,198    
Accumulated other comprehensive income (loss) (909)       (569)       (909) (569)    
Pension and other postretirement benefit expense / (income)                 0 0 0  
Deferred income taxes                 (33) 11 (171)  
Other noncash income (expense)                 94 118 155  
Increase (decrease) in inventories                 (14) (56) (146)  
Net cash provided by operating activities                 1,182 899 1,019  
Restatement Adjustment [Member]                        
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                        
Cost of products sold                 23 (73) (173)  
Marketing and selling expenses                 6 (6) (68)  
Administrative expenses                 8 3 (116)  
Research and development expenses                 4 1 (33)  
Restructuring Charges                     (4)  
Earnings before interest and taxes                 (41) 75 394  
Earnings before taxes                 (41) 75 394  
Taxes on earnings                 (16) 27 140  
Earnings from continuing operations                   48 254  
Net earnings                 (25) 48 254  
Net earnings attributable to Campbell Soup Company                 $ (25) $ 48 $ 254  
Earnings (loss) from continuing operations, per basic share                   $ 0.15 $ 0.81  
Earnings per share, basic                 $ (0.08) 0.15 0.81  
Earnings (loss) from continuing operations, per diluted share                   0.15 0.80  
Earnings per share, diluted                 $ (0.08) $ 0.15 $ 0.81  
Foreign currency translation adjustments, before tax                 $ 12 $ 7 $ 5  
Net actuarial gain (loss) arising during the period, before tax                 124 55 (322)  
Reclassification of net actuarial loss included in net earnings, before tax                 (98) (113) (124)  
Total Pension and Other Postretirement Benefit amortization included in net earnings, tax expense (benefit)                 (11) 20 158  
Inventories 2       (2)       2 (2)   $ 16
Other current assets (1)       1       (1) 1   (5)
Earnings retained in the business (740)       (715)       (740) (715)   (1,017)
Accumulated other comprehensive income (loss) $ 741       $ 714       741 714   $ 1,028
Pension and other postretirement benefit expense / (income)                 118 58 (307)  
Deferred income taxes                 (16) 27 140  
Other noncash income (expense)                 (73) (109) (126)  
Increase (decrease) in inventories                 (4) (24) 43  
Net cash provided by operating activities                 $ 0 $ 0 $ 0