XML 26 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 26, 2020
Apr. 28, 2019
Apr. 26, 2020
Apr. 28, 2019
Income Statement [Abstract]        
Net sales $ 2,238 $ 1,953 $ 6,583 $ 6,327
Costs and expenses        
Cost of products sold 1,466 1,298 4,331 4,240
Marketing and selling expenses 239 215 682 647
Administrative expenses 154 150 436 444
Research and development expenses 25 23 69 66
Other expenses / (income) 81 20 115 12
Restructuring charges 0 2 10 22
Total costs and expenses 1,965 1,708 5,643 5,431
Earnings before interest and taxes 273 245 940 896
Interest expense 55 89 284 271
Interest income 0 0 3 1
Earnings before taxes 218 156 659 626
Taxes on earnings 52 33 153 147
Earnings from continuing operations 166 123 506 479
Earnings (loss) from discontinued operations 2 (39) 1,036 (260)
Net earnings 168 84 1,542 219
Less: Net earnings (loss) attributable to noncontrolling interests 0 0 0 0
Net earnings attributable to Campbell Soup Company $ 168 $ 84 $ 1,542 $ 219
Per Share - Basic        
Earnings from continuing operations attributable to Campbell Soup Company $ 0.55 $ 0.41 $ 1.68 $ 1.59
Earnings (loss) from discontinued operations 0.01 (0.13) 3.43 (0.86)
Net earnings attributable to Campbell Soup Company $ 0.56 $ 0.28 $ 5.11 $ 0.73
Weighted average shares outstanding - basic 302 301 302 301
Per Share - Assuming Dilution        
Earnings from continuing operations attributable to Campbell Soup Company $ 0.55 $ 0.41 $ 1.66 $ 1.59
Earnings (loss) from discontinued operations 0.01 (0.13) 3.41 (0.86)
Net earnings attributable to Campbell Soup Company [1] $ 0.55 $ 0.28 $ 5.07 $ 0.73
Weighted average shares outstanding - assuming dilution 304 302 304 302
[1] Sum of the individual amounts may not add due to rounding.