Restructuring Charges and Cost Savings Initiatives (Tables)

6 Months Ended

Jan. 29, 2017

Schedule Of Pre-Tax Charge And Remaining Costs [Table Text Block]

A summary of the restructuring charges we recorded and charges incurred in Administrative expenses related to the implementation of the new organizational structure and costs savings initiatives is as follows:



	Three Months Ended					Six Months Ended				Year Ended
	January 29, 2017			January 31, 2016		January 29, 2017		January 31, 2016		July 31, 2016		August 2, 2015
Restructuring charges	$	(1	)	$	12	$	—	$	33	$	35	$	102
Administrative expenses	3			7		11		22		47		22
Total pre-tax charges	$	2		$	19	$	11	$	55	$	82	$	124

Aggregate after-tax impact	$	1		$	12	$	7	$	35	$	52	$	78
Per share impact	$	—		$	.04	$	.02	$	.11	$	.17	$	.25

A summary of the pre-tax costs associated with the 2015 initiatives is as follows:



	Recognized as of January 29, 2017
Severance pay and benefits	$	128
Implementation costs and other related costs	89
Total	$	217

Schedule Of Restructuring Activity And Related Reserves [Table Text Block]

A summary of the restructuring activity and related reserves associated with the 2015 initiatives at January 29, 2017, is as follows:



	Severance Pay and Benefits			Implementation Costs and Other Related Costs⁽³⁾	Total Charges
Accrued balance at July 31, 2016⁽¹⁾	$	73
2017 charges	—			11	$	11
2017 cash payments	(29		)
Accrued balance at January 29, 2017⁽²⁾	$	44

_______________________________________


⁽¹⁾	Includes $17 of severance pay and benefits recorded in Other liabilities in the Consolidated Balance Sheet.


⁽²⁾	Includes $6 of severance pay and benefits recorded in Other liabilities in the Consolidated Balance Sheet.


⁽³⁾	Includes other costs recognized as incurred that are not reflected in the restructuring reserve in the Consolidated Balance Sheet. The costs are included in Administrative expenses in the Consolidated Statements of Earnings.

Schedule Of Restructuring Charges Associated With Each Reportable Segment

A summary of the pre-tax costs associated with segments is as follows:



	January 29, 2017
	Three Months Ended			Six Months Ended		Costs Incurred to Date
Americas Simple Meals and Beverages	$	—		$	—	$	71
Global Biscuits and Snacks	(1		)	2		68
Campbell Fresh	—			—		2
Corporate	3			9		76
Total	$	2		$	11	$	217

2014 Initiatives [Member]

Schedule Of Pre-Tax Charge And Remaining Costs [Table Text Block]

A summary of the pre-tax costs associated with the 2014 initiatives is as follows:



	Total Program⁽¹⁾		Change in Estimate			Recognized as of July 31, 2016
Severance pay and benefits	$	41	$	(4	)	$	37
Asset impairment	12		—			12
Other exit costs	1		—			1
Total	$	54	$	(4	)	$	50

_______________________________________


⁽¹⁾	Recognized as of August 2, 2015.