Quarterly Data (Tables)

12 Months Ended

Aug. 02, 2020


	2020
	First		Second		Third		Fourth
Net sales	$	2,183	$	2,162	$	2,238	$	2,108
Gross profit	738		742		772		747
Earnings from continuing operations attributable to Campbell Soup Company	169		171		166		86
Earnings (loss) from discontinued operations	(3)		1,037		2		—
Net earnings attributable to Campbell Soup Company	166		1,208		168		86
Per share - basic
Earnings from continuing operations attributable to Campbell Soup Company	.56		.57		.55		.28
Earnings (loss) from discontinued operations	(.01)		3.43		.01		—
Net earnings attributable to Campbell Soup Company	.55		4.00		.56		.28
Dividends	.35		.35		.35		.35
Per share - assuming dilution
Earnings from continuing operations attributable to Campbell Soup Company	.56		.56		.55		.28
Earnings (loss) from discontinued operations	(.01)		3.41		.01		—
Net earnings attributable to Campbell Soup Company⁽¹⁾	.55		3.97		.55		.28

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


	2020
	First		Second		Third		Fourth
In 2020, the following charges (gains) were recorded in Earnings from continuing operations attributable to Campbell Soup Company:

Restructuring charges, implementation costs and other related costs	$	8	$	19	$	11	$	14

Charges (gains) associated with divestiture	60		(19)		—		—
Loss on extinguishment of debt	—		57		—		—
Pension settlement charge (gain)	—		(8)		41		—
Investment losses	—		—		35		—
Pension and postretirement benefit mark-to-market adjustments	—		—		—		92
Per share - assuming dilution

Restructuring charges, implementation costs and other related costs	.03		.06		.04		.05

Charges (gains) associated with divestiture	.20		(.06)		—		—
Loss on extinguishment of debt	—		.19		—		—
Pension settlement charge (gain)	—		(.03)		.13		—
Investment losses	—		—		.12		—
Pension and postretirement benefit mark-to-market adjustments	—		—		—		.30
In 2020, the following charges (gains) were recorded in Earnings (loss) from discontinued operations:


Charges (gains) associated with divestitures	$	27	$	(1,025)	$	—	$	—

Per share - assuming dilution


Charges (gains) associated with divestitures	.09		(3.37)		—		—


	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)

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⁽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
Tax reform	—		2		—		—
Pension settlement charge	—		—		22		—
Pension and postretirement benefit mark-to-market adjustments	—		—		—		93
Impairment charges	—		—		—		13
Per share - assuming dilution
Restructuring charges, implementation costs and other related costs	.11		.06		.05		.08
Tax reform	—		.01		—		—
Pension settlement charge	—		—		.07		—
Impairment charges	—		—		—		.04
Pension and postretirement benefit mark-to-market adjustments	—		—		—		.31
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
Charges 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
Charges associated with divestitures	—		.03		.16		.01
Pension benefit mark-to-market adjustments	—		—		—		.03