XML 44 R26.htm IDEA: XBRL DOCUMENT v3.21.2
Valuation and Qualifying Accounts
12 Months Ended
Aug. 01, 2021
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]  
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]
CAMPBELL SOUP COMPANY
Valuation and Qualifying Accounts

For the Fiscal Years ended August 1, 2021, August 2, 2020, and July 28, 2019
(Millions)

This schedule of valuation and qualifying accounts for continuing operations should be read in conjunction with the Consolidated Financial Statements. This schedule excludes amounts related to discontinued operations. See Note 3 to the Consolidated Financial Statements for additional information.
Balance at Beginning of PeriodCharged to/
(Reduction in) Costs
and
Expenses
DeductionsDivestiture


Balance at
End of
Period
Fiscal year ended August 1, 2021
Cash discount$$137 $(137)$ $6 
Bad debt reserve (2) 2 
Returns reserve(1)
   4 
Total Accounts receivable allowances$14 $137 $(139)$ $12 
Fiscal year ended August 2, 2020
Cash discount$$139 $(139)$— $
Bad debt reserve— (1)
Returns reserve(1)
(1)— 
Total Accounts receivable allowances$13 $142 $(140)$(1)$14 
Fiscal year ended July 28, 2019
Cash discount$$132 $(132)$— $
Bad debt reserve(1)— 
Returns reserve(1)
(2)(3)— 
Total Accounts receivable allowances$18 $131 $(136)$— $13 
_______________________________________
(1)The returns reserve is evaluated quarterly and adjusted accordingly. During each period, returns are charged to net sales in the Consolidated Statements of Earnings as incurred. Actual returns were approximately $100 in 2021, $99 in 2020, and $107 in 2019, or less than 2% of net sales.