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Quarterly Data
12 Months Ended
Jul. 28, 2019
Quarterly Financial Data [Abstract]  
Quarterly Data
Quarterly Data (unaudited)
 
2019
 
First
 
Second
 
Third
 
Fourth
Net sales
$
2,202

 
$
2,172

 
$
1,953

 
$
1,780

Gross profit
726

 
706

 
655

 
606

Earnings (loss) from continuing operations attributable to Campbell Soup Company
180

 
176

 
123

 
(5
)
Earnings (loss) from discontinued operations
14

 
(235
)
 
(39
)
 
(3
)
Net earnings (loss) attributable to Campbell Soup Company
194

 
(59
)
 
84

 
(8
)
Per share - basic
 
 
 
 
 
 
 
Earnings (loss) from continuing operations attributable to Campbell Soup Company
.60

 
.58

 
.41

 
(.02
)
Earnings (loss) from discontinued operations
.05

 
(.78
)
 
(.13
)
 
(.01
)
Net earnings (loss) attributable to Campbell Soup Company (1)
.64

 
(.20
)
 
.28

 
(.03
)
Dividends
.35

 
.35

 
.35

 
.35

Earnings per share - assuming dilution
 
 
 
 
 
 
 
From continuing operations attributable to Campbell Soup Company
.60

 
.58

 
.41

 
(.02
)
From discontinued operations
.05

 
(.78
)
 
(.13
)
 
(.01
)
Net attributable to Campbell Soup Company (1)
.64

 
(.20
)
 
.28

 
(.03
)
_______________________________________
(1)
The sum of individual per share amounts may not add due to rounding.

 
2019
 
First
 
Second
 
Third
 
Fourth
In 2019, the following charges (gains) were recorded in Earnings (loss) from continuing operations attributable to Campbell Soup Company:
 
 
 
 
 
 
 
Restructuring charges, implementation costs and other related costs
$
34

 
$
18

 
$
16

 
$
24

Impairment charges

 

 

 
13

Pension and postretirement benefit mark-to-market adjustments

 

 

 
93

Pension settlement

 

 
22

 

Tax reform

 
2

 

 

Per share - assuming dilution
 
 
 
 
 
 
 
Restructuring charges, implementation costs and other related costs
.11

 
.06

 
.05

 
.08

Impairment charges

 

 

 
.04

Pension and postretirement benefit mark-to-market adjustments

 

 

 
.31

Pension settlement

 

 
.07

 

Tax reform

 
.01

 

 

In 2019, the following charges (gains) were recorded in Earnings (loss) from discontinued operations:
 
 
 
 
 
 
 
Restructuring charges, implementation costs and other related costs
$
1

 
$

 
$
(1
)
 
$

Impairment charges
11

 
264

 

 
12

Costs associated with divestitures

 
8

 
48

 
4

Pension benefit mark-to-market adjustments

 

 

 
9

Per share - assuming dilution
 
 
 
 
 
 
 
Restructuring charges, implementation costs and other related costs

 

 

 

Impairment charges
.04

 
.87

 

 
.04

Costs associated with divestitures

 
.03

 
.16

 
.01

Pension benefit mark-to-market adjustments

 

 

 
.03

 
2018
 
First
 
Second
 
Third
 
Fourth
Net sales
$
1,638

 
$
1,614

 
$
1,618

 
$
1,745

Gross profit
656

 
637

 
533

 
548

Earnings from continuing operations attributable to Campbell Soup Company
227

 
314

 
57

 
126

Earnings (loss) from discontinued operations
48

 
(29
)
 
(450
)
 
(32
)
Net earnings (loss) attributable to Campbell Soup Company
275

 
285

 
(393
)
 
94

Per share - basic
 
 
 
 
 
 
 
Earnings from continuing operations attributable to Campbell Soup Company
.75

 
1.04

 
.19

 
.42

Earnings (loss) from discontinued operations
.16

 
(.10
)
 
(1.50
)
 
(.11
)
Net earnings (loss) attributable to Campbell Soup Company(1)
.91

 
.95

 
(1.31
)
 
.31

Dividends
.35

 
.35

 
.35

 
.35

Per share - assuming dilution
 
 
 
 
 
 
 
Earnings from continuing operations attributable to Campbell Soup Company
.75

 
1.04

 
.19

 
.42

Earnings (loss) from discontinued operations
.16

 
(.10
)
 
(1.50
)
 
(.11
)
Net earnings (loss) attributable to Campbell Soup Company(1)
.91

 
.95

 
(1.31
)
 
.31

_______________________________________
(1)
The sum of individual per share amounts may not add due to rounding.
 
2018
 
First
 
Second
 
Third
 
Fourth
In 2018, the following charges (gains) were recorded in Earnings from continuing operations attributable to Campbell Soup Company:
 
 
 
 
 
 
 
Restructuring charges, implementation costs and other related costs
$
12

 
$
45

 
$
41

 
$
34

Impairment charges

 

 

 
41

Pension and postretirement benefit mark-to-market adjustments
(9
)
 

 

 
(90
)
Transaction and integration costs

 
19

 
46

 
8

Claim settlement

 

 
15

 

Tax reform

 
(124
)
 

 
(6
)
Per share - assuming dilution
 
 
 
 
 
 
 
Restructuring charges, implementation costs and other related costs
.04

 
.15

 
.14

 
.11

Impairment charges

 

 

 
.14

Pension and postretirement benefit mark-to-market adjustments
(.03
)
 

 

 
(.30
)
Transaction and integration costs

 
.06

 
.15

 
.03

Claim settlement

 

 
.05

 

Tax reform

 
(.41
)
 

 
(.02
)
In 2018, the following charges (gains) were recorded in Earnings (loss) from discontinued operations:
 
 
 
 
 
 
 
Restructuring charges, implementation costs and other related costs

 
1

 
4

 
(1
)
Impairment charges

 
74

 
497

 

Pension benefit mark-to-market and curtailment adjustments

 

 

 
(3
)
Per share - assuming dilution
 
 
 
 
 
 
 
Restructuring charges, implementation costs and other related costs

 

 
.01

 

Impairment charges

 
.25

 
1.65

 

Pension benefit mark-to-market and curtailment adjustments

 

 

 
(.01
)