View Filing Data

Total comprehensive income (loss), after-tax

(161)

(110)

(226)

(52)

208

215

437

Total comprehensive income (loss) attributable to noncontrolling interests

(7)

(9)

Total comprehensive income (loss) attributable to Campbell Soup Company

$ 46

$ 215

$ 446

[1]

In 2014, net actuarial losses of $2 were recognized in Earnings (loss) from discontinued operations as a result of the sale of the European simple meals business. Excluding the net actuarial losses related to the sale of the business in 2014, these items are included in the components of net periodic benefit costs (see Note 11 for additional details).

Consolidated Balance Sheets - USD ($) shares in Millions, $ in Millions	Feb. 01, 2015	Aug. 03, 2014
Current assets
Cash and cash equivalents	$ 201	$ 232
Accounts receivable, net	794	670
Inventories	916	1,016
Other current assets	179	182
Total current assets	2,090	2,100
Plant assets, net of depreciation	2,257	2,318
Goodwill	2,271	2,433
Other intangible assets, net of amortization	1,139	1,175
Other assets	146	87
Total assets	7,903	8,113
Current liabilities
Short-term borrowings	1,640	1,771
Payable to suppliers and others	510	527
Accrued liabilities	541	553
Dividend payable	100	101
Accrued income taxes	59	37
Total current liabilities	2,850	2,989
Long-term debt	2,253	2,244
Deferred taxes	547	548
Other liabilities	739	729
Total liabilities	6,389	6,510
Commitments and contingencies
Campbell Soup Company shareholders' equity
Preferred stock; authorized 40 shares; none issued	0	0
Capital stock, $.0375 par value; authorized 560 shares; issued 323 shares	12	12
Additional paid-in capital	316	330
Earnings retained in the business	2,441	2,198
Capital stock in treasury, at cost	(448)	(356)
Accumulated other comprehensive loss	(795)	(569)
Total Campbell Soup Company shareholders' equity	1,526	1,615
Noncontrolling interests	(12)	(12)
Total equity	1,514	1,603
Total liabilities and equity	$ 7,903	$ 8,113
Preferred Stock, Shares Authorized	40	40
Preferred Stock, Shares Issued	0	0
Common Stock, Par or Stated Value Per Share	$ 0.0375	$ 0.0375
Capital Stock, Shares Authorized	560	560
Capital Stock, Shares, Issued	323	323

Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Feb. 01, 2015	Jan. 26, 2014	Feb. 01, 2015	Jan. 26, 2014	Aug. 03, 2014
Cash flows from operating activities:
Net earnings	$ 207	$ 318	$ 441	$ 489
Adjustments to reconcile net earnings to operating cash flow
Restructuring charges			0	34
Stock-based compensation			31	37
Depreciation and amortization			149	148
Deferred income taxes			1	13
Gain on sale of business			0	(141)
Other, net			46	44
Changes in working capital
Accounts receivable			(125)	(177)
Inventories			71	65
Prepaid assets			(3)	(17)
Accounts payable and accrued liabilities			(16)	(42)
Pension fund contributions			(2)	(44)
Receipts from (payments of) hedging activities			9	(22)
Other			(18)	(24)
Net cash provided by operating activities			584	363
Cash flows from investing activities:
Purchases of plant assets			(143)	(127)
Sales of plant assets			8	20
Business acquired, net of cash acquired			0	(329)
Sale of business, net of cash divested			0	534
Other, net			(8)	(1)
Net cash provided by (used in) investing activities			(143)	97
Cash flows from financing activities:
Net short-term borrowings (repayments)			171	(4)
Repayments of notes payable			(300)	(300)
Dividends paid			(199)	(195)
Treasury stock purchases			(133)	(76)
Treasury stock issuances			8	7
Excess tax benefits on stock-based compensation			5	10
Contribution from noncontrolling interest			0	5
Net cash used in financing activities			(448)	(553)
Effect of exchange rate changes on cash			(24)	(15)
Net change in cash and cash equivalents			(31)	(108)
Cash and cash equivalents continuing operations - beginning of period			232	333	$ 333
Cash and cash equivalents discontinued operations - beginning of period			0	68	68
Cash and cash equivalents discontinued operations - end of period	0	0	0	0
Cash and cash equivalents continuing operations - end of period	$ 201	$ 293	$ 201	$ 293	$ 232

Consolidated Statements of Equity - USD ($) shares in Millions, $ in Millions	Total	Capital Stock Issued [Member]	Capital Stock In Treasury [Member]	Additional Paid-In Capital [Member]	Earnings Retained In The Business [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests [Member]
Balance, value at Jul. 28, 2013	$ 1,210	$ 12	$ (364)	$ 362	$ 1,772	$ (565)	$ (7)
Contribution from noncontrolling interest	5						5
Net earnings (loss)	489				497		(8)
Other comprehensive income (loss)	(52)					(51)	(1)
Dividends	$ (196)				(196)
Dividends per share	$ 0.624
Treasury stock purchased, shares			(2)
Treasury stock purchased, value	$ (76)		$ (76)
Treasury stock issued under management incentive and stock option plans, shares			2
Treasury stock issued under management incentive and stock option plans, value	19		$ 66	(47)
Balance, value at Jan. 26, 2014	1,399	$ 12	$ (374)	315	2,073	(616)	(11)
Shares, Issued at Jul. 28, 2013		323
Shares, Issued at Jan. 26, 2014		323
Treasury stock, shares at Jul. 28, 2013			(11)
Treasury stock, shares at Jan. 26, 2014			(11)
Balance, value at Aug. 03, 2014	1,603	$ 12	$ (356)	330	2,198	(569)	(12)
Contribution from noncontrolling interest	0
Net earnings (loss)	441				441		0
Other comprehensive income (loss)	(226)					(226)	0
Dividends	$ (198)				(198)
Dividends per share	$ 0.624
Treasury stock purchased, shares			(3)
Treasury stock purchased, value	$ (133)		$ (133)
Treasury stock issued under management incentive and stock option plans, shares			2
Treasury stock issued under management incentive and stock option plans, value	27		$ 41	(14)
Balance, value at Feb. 01, 2015	$ 1,514	$ 12	$ (448)	$ 316	$ 2,441	$ (795)	$ (12)
Shares, Issued at Aug. 03, 2014		323
Shares, Issued at Feb. 01, 2015		323
Treasury stock, shares at Aug. 03, 2014			(10)
Treasury stock, shares at Feb. 01, 2015			(11)

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Feb. 01, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation and Significant Accounting Policies In this Form 10-Q, unless otherwise stated, the terms "we," "us" and "our" refer to Campbell Soup Company and its consolidated subsidiaries. The financial statements reflect all adjustments which are, in our opinion, necessary for a fair presentation of the results of operations, financial position, and cash flows for the indicated periods. The accounting policies used in preparing these financial statements are substantially consistent with those applied in our Annual Report on Form 10-K for the year ended August 3, 2014. The results for the period are not necessarily indicative of the results to be expected for other interim periods or the full year. Our fiscal year ends on the Sunday nearest July 31. There were 53 weeks in 2014. There will be 52 weeks in 2015.

Recent Accounting Pronouncements	6 Months Ended
Recent Accounting Pronouncements	Feb. 01, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In February 2013, the Financial Accounting Standards Board (FASB) issued guidance for the recognition, measurement and disclosure of certain obligations resulting from joint and several liability arrangements for which the total amount is fixed. Such obligations may include debt arrangements, legal settlements, and other contractual arrangements. The guidance was effective for fiscal years, and interim periods within those years, beginning after December 15, 2013, and should be applied retrospectively to all prior periods presented for applicable obligations that existed as of the beginning of the fiscal year of adoption. We adopted the guidance in the first quarter of 2015. The adoption did not have an impact on our consolidated financial statements. In March 2013, the FASB issued guidance on the accounting for the cumulative translation adjustment upon derecognition of certain subsidiaries or groups of assets within a foreign entity or of an investment in a foreign entity. The guidance was effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. We adopted the guidance in the first quarter of 2015. The adoption did not have an impact on our consolidated financial statements. In July 2013, the FASB issued guidance on the presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The guidance requires the netting of unrecognized tax benefits (UTBs) against a deferred tax asset for a loss or other carryforward that would apply in settlement of uncertain tax positions. Under the new standard, UTBs will be netted against all available same-jurisdiction loss or other tax carryforwards that would be utilized, rather than only against carryforwards that are created by the UTBs. The guidance was effective for fiscal years, and interim periods within those years, beginning after December 15, 2013, and should be applied prospectively to all UTBs that exist at the effective date. We adopted the guidance prospectively in the first quarter of 2015. The adoption did not have a material impact on our consolidated financial statements. In April 2014, the FASB issued revised guidance that modifies the criteria for determining which disposals can be presented as discontinued operations and requires additional disclosures. The guidance is effective for fiscal years beginning on or after December 15, 2014, and interim periods within those years. Early adoption is permitted. We will prospectively apply the guidance to applicable transactions. In May 2014, the FASB issued revised guidance on the recognition of revenue from contracts with customers. The guidance is designed to create greater comparability for financial statement users across industries and jurisdictions. The guidance also requires enhanced disclosures. The guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. Early adoption is not permitted. The guidance permits the use of either the retrospective or cumulative effect transition method. We are currently evaluating the impact that the new guidance will have on our consolidated financial statements.

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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-Name Regulation S-X (SX)
-Number 210
-Section 01
-Paragraph b
-Subparagraph 6
-Article 10

Acquistions

6 Months Ended

Feb. 01, 2015

Business Combinations [Abstract]

Acquisitions

On August 8, 2013, we completed the acquisition of Kelsen Group A/S (Kelsen). The final all-cash purchase price was $331. Kelsen is a producer of quality baked snacks that are sold in approximately 85 countries around the world. Its primary brands include Kjeldsens and Royal Dansk.

For the three-month period ended January 26, 2014, the Kelsen acquisition contributed $92 to Net sales and $11 to Net earnings. The acquisition also contributed $144 to Net sales and $11 to Net earnings from August 8, 2013 to January 26, 2014.

The following unaudited summary information is presented on a consolidated pro forma basis as if the Kelsen acquisition had occurred on July 30, 2012:



	Six Months Ended
	January 26, 2014
Net sales	$	4,450
Earnings from continuing operations attributable to Campbell Soup Company	$	417
Earnings per share from continuing operations attributable to Campbell Soup Company	$	1.32

The pro forma amounts include additional interest expense on the debt issued to finance the purchase, amortization and depreciation expense based on the estimated fair value and useful lives of intangible assets and plant assets, and related tax effects. The pro forma results are not necessarily indicative of the combined results had the Kelsen acquisition been completed on July 30, 2012, nor are they indicative of future combined results.

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

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Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

6 Months Ended

Feb. 01, 2015

Discontinued Operations

On October 28, 2013, subsequent to the end of the first quarter of 2014, we completed the sale of our European simple meals business to Soppa Investments S.à r.l., an affiliate of CVC Capital Partners. The all-cash preliminary sale price was €400, or $548, and was subject to certain post-closing adjustments, which resulted in a $14 reduction of proceeds. We recognized a pre-tax gain of $141 ($72 after tax or $.23 per share) in 2014. We used the proceeds from the sale to pay taxes on the sale, to reduce debt and for other general corporate purposes.

We have reflected the results of the European simple meals business as discontinued operations in the Consolidated Statements of Earnings.

Results of discontinued operations were as follows:



	Three Months Ended			Six Months Ended
	January 26, 2014			January 26, 2014
Net sales	$	—		$	137
Gain on sale of the European simple meals business	$	147		$	141
Earnings from operations, before taxes	—			14
Earnings before taxes	$	147		$	155
Taxes on earnings	(57		)	(74		)
Earnings from discontinued operations	$	90		$	81

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

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Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Feb. 01, 2015

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

The components of Accumulated other comprehensive income (loss) consisted of the following:



	Foreign Currency Translation Adjustments⁽¹⁾			Gains (Losses) on Cash Flow Hedges⁽²⁾			Pension and Postretirement Benefit Plan Adjustments⁽³⁾			Total Accumulated Comprehensive Income (Loss)
Balance at August 3, 2014	$	137		$	(3	)	$	(703	)	$	(569	)
Other comprehensive income (loss) before reclassifications	(249		)	(20		)	11			(258		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			1			31			32
Net current-period other comprehensive income (loss)	(249		)	(19		)	42			(226		)
Balance at February 1, 2015	$	(112	)	$	(22	)	$	(661	)	$	(795	)

_____________________________________


⁽¹⁾	Included a tax expense of $6 as of February 1, 2015 and $7 as of August 3, 2014.


⁽²⁾	Included a tax benefit of $14 as of February 1, 2015 and $1 as of August 3, 2014.


⁽³⁾	Included a tax benefit of $383 as of February 1, 2015 and $405 as of August 3, 2014.

Amounts related to noncontrolling interests were not material.

The amounts reclassified from Accumulated other comprehensive income (loss) consisted of the following:



	Three Months Ended						Six Months Ended
Details about Accumulated Other Comprehensive Income (Loss) Components	February 1, 2015			January 26, 2014			February 1, 2015			January 26, 2014			Location of (Gain) Loss Recognized in Earnings
(Gains) losses on cash flow hedges:
Foreign exchange forward contracts	$	—		$	—		$	—		$	(1	)	Cost of products sold
Foreign exchange forward contracts	(1		)	(1		)	(1		)	(1		)	Other expenses / (income)
Forward starting interest rate swaps	1			1			2			2			Interest expense
Total before tax	—			—			1			—
Tax expense (benefit)	—			—			—			—
(Gain) loss, net of tax	$	—		$	—		$	1		$	—

Pension and postretirement benefit adjustments:
Prior service credit	$	(1	)	$	(1	)	$	(1	)	$	(1	)	⁽¹⁾
Net actuarial losses	24			25			48			47			⁽¹⁾
Total before tax	23			24			47			46
Tax expense (benefit)	(7		)	(8		)	(16		)	(16		)
(Gain) loss, net of tax	$	16		$	16		$	31		$	30

_____________________________________


⁽¹⁾	In 2014, net actuarial losses of $2 were recognized in Earnings (loss) from discontinued operations as a result of the sale of the European simple meals business. Excluding the net actuarial losses related to the sale of the business in 2014, these items are included in the components of net periodic benefit costs (see Note 11 for additional details).

In 2014, a pre-tax loss of $22 ($19 after tax) on foreign currency translation adjustments was also reclassified from Accumulated other comprehensive income. The loss was related to the divestiture of the European simple meals business and was included in Earnings (loss) from discontinued operations.

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

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-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6522872

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Intangible Assets

6 Months Ended

Feb. 01, 2015

Goodwill and Intangible Assets

The following table shows the changes in the carrying amount of goodwill by business segment:



	U.S. Simple Meals		Global Baking and Snacking			International Simple Meals and Beverages			U.S. Beverages		Bolthouse and Foodservice		Total
Balance at August 3, 2014	$	450	$	918		$	115		$	112	$	838	$	2,433
Foreign currency translation adjustments	—		(145		)	(17		)	—		—		(162		)
Balance at February 1, 2015	$	450	$	773		$	98		$	112	$	838	$	2,271

The following table sets forth balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization:



Intangible Assets	February 1, 2015			August 3, 2014
Amortizable intangible assets
Customer relationships	$	174		$	178
Technology	40			40
Other	35			35
Total gross amortizable intangible assets	$	249		$	253
Accumulated amortization	(43		)	(35		)
Total net amortizable intangible assets	$	206		$	218
Non-amortizable intangible assets
Trademarks	933			957
Total net intangible assets	$	1,139		$	1,175

Non-amortizable intangible assets consist of trademarks, which include Bolthouse Farms, Pace, Plum Organics, Kjeldsens and Royal Dansk. Other amortizable intangible assets consist of recipes, patents, trademarks and distributor relationships.

Amortization of intangible assets of continuing operations was $9 for the six-month periods ended February 1, 2015 and January 26, 2014. Amortization expense for the next 5 years is estimated to be $17 in each of the fiscal periods 2015 through 2017, and $13 in 2018 and 2019. Asset useful lives range from 5 to 20 years.

Business and Geographic Segment Information

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Business And Geographic Segment Information

6 Months Ended

Feb. 01, 2015

Segment Reporting [Abstract]

We manage operations through 10 operating segments based on product type and geographic location and have aggregated the operating segments into the appropriate reportable segment based on similar economic characteristics; products; production processes; types or classes of customers; distribution methods; and regulatory environment. The reportable segments are discussed in greater detail below.

The U.S. Simple Meals segment includes the following products: Campbell’s condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell’s gravies, pasta, beans and dinner sauces; Swanson canned poultry; and Plum Organics food and snacks.

The Global Baking and Snacking segment aggregates the following operating segments: Pepperidge Farm cookies, crackers, bakery and frozen products in U.S. retail; Arnott’s biscuits in Australia and Asia Pacific; and as of August 8, 2013, Kelsen cookies globally.

The International Simple Meals and Beverages segment aggregates the following operating segments: the retail business in Canada and the simple meals and beverages business in Asia Pacific, Latin America, and China.

The U.S. Beverages segment represents the U.S. retail beverages business, including the following products: V8 juices and beverages; and Campbell’s tomato juice.

Bolthouse and Foodservice comprises the Bolthouse Farms carrot products operating segment, including fresh carrots, juice concentrate and fiber; the Bolthouse Farms super-premium refrigerated beverages and refrigerated salad dressings operating segment; and the North America Foodservice operating segment. The North America Foodservice operating segment represents the distribution of products such as soup, specialty entrées, beverage products, other prepared foods and Pepperidge Farm products through various food service channels in the U.S. and Canada. None of these operating segments meets the criteria for aggregation nor the thresholds for separate disclosure.

We evaluate segment performance before interest, taxes and costs associated with restructuring activities. Unrealized gains and losses on commodity hedging activities are excluded from segment operating earnings and are recorded in Corporate expenses as these open positions represent hedges of future purchases. Upon closing of the contracts, the realized gain or loss is transferred to segment operating earnings, which allows the segments to reflect the economic effects of the hedge without exposure to quarterly volatility of unrealized gains and losses. Certain manufacturing, warehousing and distribution activities of the segments are integrated in order to maximize efficiency and productivity. As a result, asset information by segment is not discretely maintained for internal reporting or used in evaluating performance.



	Three Months Ended				Six Months Ended
	February 1, 2015		January 26, 2014		February 1, 2015		January 26, 2014
Net sales
U.S. Simple Meals	$	867	$	894	$	1,795	$	1,754
Global Baking and Snacking	640		639		1,267		1,248
International Simple Meals and Beverages	194		213		383		406
U.S. Beverages	169		176		337		349
Bolthouse and Foodservice	364		359		707		689
Total	$	2,234	$	2,281	$	4,489	$	4,446



	Three Months Ended						Six Months Ended
	February 1, 2015			January 26, 2014			February 1, 2015			January 26, 2014
Earnings before interest and taxes
U.S. Simple Meals	$	170		$	214		$	412		$	425
Global Baking and Snacking	107			88			197			166
International Simple Meals and Beverages	26			38			42			58
U.S. Beverages	20			31			46			55
Bolthouse and Foodservice	26			36			48			65
Corporate⁽¹⁾	(37		)	(33		)	(65		)	(69		)
Restructuring charges⁽²⁾	—			(13		)	—			(34		)
Total	$	312		$	361		$	680		$	666

_______________________________________


⁽¹⁾	Represents unallocated corporate expenses. Restructuring-related costs of $2 and a loss of $9 on foreign exchange forward contracts related to the sale of the European simple meals business were included in the six-month period ended January 26, 2014.


⁽²⁾	See Note 8 for additional information.

Our global net sales based on product categories are as follows:



	Three Months Ended				Six Months Ended
	February 1, 2015		January 26, 2014		February 1, 2015		January 26, 2014
Net sales
Simple Meals	$	1,290	$	1,329	$	2,601	$	2,563
Baked Snacks	669		670		1,332		1,315
Beverages	275		282		556		568
Total	$	2,234	$	2,281	$	4,489	$	4,446

Simple Meals include condensed and ready-to-serve soups, broths, sauces, carrot products, refrigerated salad dressings and Plum foods and snacks. Baked Snacks include cookies, crackers, biscuits and other baked products.

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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General Discussion of Pension and Other Postretirement Benefits [Abstract]

Restructuring Charges

6 Months Ended

Feb. 01, 2015

Restructuring Charges [Abstract]

Restructuring Charges

2014 Initiatives

In 2014, we implemented initiatives to reduce overhead across the organization, restructure manufacturing and streamline operations for our soup and broth business in China and improve supply chain efficiency in Australia. Details of the 2014 initiatives include:


•	We streamlined our salaried workforce in North America and our workforce in the Asia Pacific region. Approximately 250 positions were eliminated.


•	Together with our joint venture partner Swire Pacific Limited, we agreed to restructure manufacturing and streamline operations for our soup and broth business in China. As a result, certain assets were impaired, and approximately 100 positions were eliminated.


•	In Australia, we implemented an initiative to improve supply chain efficiency by relocating production from our biscuit plant in Marleston to Huntingwood. The relocation will continue through the second quarter of 2016 and will result in the elimination of approximately 90 positions.


•	We implemented an initiative to reduce overhead across the organization by eliminating approximately 85 positions. The actions will be completed in 2015.

In 2014, we recorded a restructuring charge of $54 ($33 after tax or $.10 per share in earnings from continuing operations attributable to Campbell Soup Company) related to the 2014 initiatives. Of the amounts recorded in 2014, $33 ($18 after tax or $.06 per share in earnings from continuing operations attributable to Campbell Soup Company) was recorded in the six-month period ended January 26, 2014. A summary of the pre-tax costs and remaining costs associated with the 2014 initiatives is as follows:



	Total Program		Recognized as of February 1, 2015			Remaining Costs to be Recognized
Severance pay and benefits	$	42	$	(41	)	$	1
Asset impairment	12		(12		)	—
Other exit costs	2		(1		)	1
Total	$	56	$	(54	)	$	2

Of the aggregate $56 of pre-tax costs, approximately $43 represent cash expenditures. In addition, we expect to invest approximately $6 in capital expenditures, primarily to relocate biscuit production and packaging capabilities, of which approximately $1 has been invested as of February 1, 2015. We expect the remaining aspects of the 2014 initiatives to be completed through 2016.

A summary of the restructuring activity and related reserves associated with the 2014 initiatives at February 1, 2015 is as follows:



			Six Months Ended February 1, 2015
	Accrued Balance at August 3, 2014		Charges		Cash Payments			Foreign Currency Translation Adjustment			Accrued Balance at February 1, 2015
Severance pay and benefits	$	28	$	—	$	(13	)	$	(2	)	$	13

A summary of restructuring charges incurred to date associated with segments is as follows:



	U.S. Simple Meals		Global Baking and Snacking		International Simple Meals and Beverages		U.S. Beverages		Bolthouse and Foodservice		Corporate		Total
Severance pay and benefits	$	7	$	23	$	6	$	2	$	2	$	1	$	41
Asset impairment	1		—		11		—		—		—		12
Other exit costs	—		—		1		—		—		—		1
	$	8	$	23	$	18	$	2	$	2	$	1	$	54

We expect to recognize additional pre-tax costs of approximately $2 by segment as follows: U.S. Simple Meals - $1 and Global Baking and Snacking - $1. Segment operating results do not include restructuring charges as segment performance is evaluated excluding such charges.

2013 Initiatives

In 2013, we implemented initiatives to improve supply chain efficiency, expand access to manufacturing and distribution capabilities and reduce costs. Details of the 2013 initiatives include:

•

We implemented initiatives to improve our U.S. supply chain cost structure and increase asset utilization across our U.S. thermal plant network, including closing our Sacramento, California, thermal plant, which produced soups, sauces and beverages. The closure resulted in the elimination of approximately 700 full-time positions and was completed in phases. Most of the positions were eliminated in 2013 and operations ceased in August 2013. We shifted the majority of Sacramento's soup, sauce and beverage production to our thermal plants in Maxton, North Carolina; Napoleon, Ohio; and Paris, Texas. We also closed our South Plainfield, New Jersey, spice plant, which resulted in the elimination of 27 positions. We consolidated spice production at our Milwaukee, Wisconsin, plant in 2013.

•

In Mexico, we entered into commercial arrangements with third-party providers to expand access to manufacturing and distribution capabilities. The third-party providers produce and distribute our beverages, soups, broths and sauces throughout the Mexican market. As a result of these agreements, we closed our plant in Villagrán, Mexico, and eliminated approximately 260 positions in the first quarter of 2014.


•	We implemented an initiative to improve our Pepperidge Farm bakery supply chain cost structure by closing our plant in Aiken, South Carolina. The plant was closed in May 2014. We shifted the majority of Aiken's bread production to our bakery plant in Lakeland, Florida. Approximately 110 positions were eliminated as a result of the plant closure.


•	We streamlined our salaried workforce in U.S. Simple Meals, North America Foodservice and U.S. Beverages by approximately 70 positions. This action was substantially completed in August 2013.

In 2014, we recorded a restructuring charge of $1 related to the 2013 initiatives. In addition, approximately $3 of costs related to the 2013 initiatives were recorded in Cost of products sold, representing other exit costs. The aggregate after-tax impact of restructuring charges and related costs recorded in 2014 was $3, or $.01 per share. Of the amounts recorded in 2014, a restructuring charge of $1 was recorded in the six-month period ended January 26, 2014, and approximately $2 of costs related to these initiatives were recorded in Cost of products sold, representing other exit costs. The aggregate after-tax impact of restructuring charges and related costs recorded in the six-month period ended January 26, 2014 was $2, or $.01 per share. In 2013, we recorded a restructuring charge of $51. In addition, approximately $91 of costs related to these initiatives were recorded in 2013 in Cost of products sold, representing accelerated depreciation and other exit costs. The aggregate after-tax impact of restructuring charges and related costs recorded in 2013 was $90, or $.28 per share. A summary of the pre-tax costs and remaining costs associated with the 2013 initiatives is as follows:



	Total Program		Recognized as of February 1, 2015			Remaining Costs to be Recognized
Severance pay and benefits	$	35	$	(35	)	$	—
Accelerated depreciation/asset impairment	99		(99		)	—
Other exit costs	14		(12		)	2
Total	$	148	$	(146	)	$	2

Of the aggregate $148 of pre-tax costs, approximately $46 represent cash expenditures. In addition, we expect to invest approximately $31 in capital expenditures, primarily to relocate and refurbish a beverage filling and packaging line, and relocate bread production, of which approximately $29 has been invested as of February 1, 2015. We expect the remaining aspects of the 2013 initiatives to be completed in 2015.

A summary of the restructuring activity and related reserves associated with the 2013 initiatives at February 1, 2015 is as follows:



			Six Months Ended February 1, 2015
	Accrued Balance at August 3, 2014		Charges		Cash Payments			Accrued Balance at February 1, 2015
Severance pay and benefits	$	3	$	—	$	(2	)	$	1

A summary of restructuring charges and related costs incurred to date associated with segments is as follows:



	U.S. Simple Meals		Global Baking and Snacking		International Simple Meals and Beverages		U.S. Beverages		Bolthouse and Foodservice		Total
Severance pay and benefits	$	19	$	2	$	5	$	7	$	2	$	35
Accelerated depreciation/asset impairment	64		10		3		22		—		99
Other exit costs	7		2		1		2		—		12
	$	90	$	14	$	9	$	31	$	2	$	146

We expect to recognize additional pre-tax costs of approximately $2 in the Global Baking and Snacking segment. Segment operating results do not include restructuring charges as segment performance is evaluated excluding such charges.

Earnings Per Share	6 Months Ended
Earnings Per Share	Feb. 01, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings per Share For the periods presented in the Consolidated Statements of Earnings, the calculations of basic EPS and EPS assuming dilution vary in that the weighted average shares outstanding assuming dilution include the incremental effect of stock options and other share-based payment awards, except when such effect would be antidilutive. There were no antidilutive stock options for the three-month and six-month periods ended February 1, 2015 and January 26, 2014.

Noncontrolling Interests	6 Months Ended
Noncontrolling Interests	Feb. 01, 2015
Income Amounts Attributable to Noncontrolling Interest, Disclosures [Abstract]
Noncontrolling Interest	Noncontrolling Interests We own a 60% controlling interest in a joint venture formed with Swire Pacific Limited to support the development of our soup and broth business in China. The joint venture began operations on January 31, 2011. In the three-month period ended January 26, 2014, together with our joint venture partner, we agreed to restructure manufacturing and streamline operations for our soup and broth business in China. The after-tax restructuring charge attributable to the noncontrolling interest was $5. See also Note 8. We also own a 70% controlling interest in a Malaysian food products manufacturing company. The noncontrolling interests' share in the net earnings (loss) was included in Net earnings (loss) attributable to noncontrolling interests in the Consolidated Statements of Earnings. The noncontrolling interests in these entities were included in Total equity in the Consolidated Balance Sheets and Consolidated Statements of Equity.

Pension And Postretirement Benefits

6 Months Ended

Feb. 01, 2015

Pension And Postretirement Benefits

Pension and Postretirement Benefits

We sponsor certain defined benefit pension plans and postretirement benefit plans for employees. Components of benefit expense were as follows:



	Three Months Ended												Six Months Ended
	Pension						Postretirement						Pension						Postretirement
	February 1, 2015			January 26, 2014			February 1, 2015			January 26, 2014			February 1, 2015			January 26, 2014			February 1, 2015			January 26, 2014
Service cost	$	7		$	10		$	1		$	—		$	14		$	21		$	1		$	1
Interest cost	26			29			4			5			53			58			8			9
Expected return on plan assets	(43		)	(44		)	—			—			(87		)	(89		)	—			—
Amortization of prior service credit	—			—			(1		)	(1		)	—			—			(1		)	(1		)
Recognized net actuarial loss	21			19			3			4			42			38			6			7
Net periodic benefit expense	$	11		$	14		$	7		$	8		$	22		$	28		$	14		$	16

No contributions are expected to be made to U.S. pension plans in 2015. Contributions to non-U.S. pension plans during the six-month period ended February 1, 2015 were $2. Contributions to non-U.S. pension plans during the remainder of the year are expected to be approximately $2.

Financial Instruments

6 Months Ended

Feb. 01, 2015

General Discussion of Derivative Instruments and Hedging Activities [Abstract]

Financial Instruments

The principal market risks to which we are exposed are changes in foreign currency exchange rates, interest rates, and commodity prices. In addition, we are exposed to equity price changes related to certain deferred compensation obligations. In order to manage these exposures, we follow established risk management policies and procedures, including the use of derivative contracts such as swaps, options, forwards and commodity futures. These derivative contracts are entered into for periods consistent with the related underlying exposures and do not constitute positions independent of those exposures. We do not enter into derivative contracts for speculative purposes and do not use leveraged instruments. Our derivative programs include instruments that qualify and others that do not qualify for hedge accounting treatment.

Concentration of Credit Risk

We are exposed to the risk that counterparties to derivative contracts will fail to meet their contractual obligations. To mitigate counterparty credit risk, we enter into contracts only with carefully selected, leading, credit-worthy financial institutions, and distribute contracts among several financial institutions to reduce the concentration of credit risk. We do not have credit-risk-related contingent features in our derivative instruments as of February 1, 2015. During 2014, our largest customer accounted for approximately 19% of consolidated net sales. We closely monitor credit risk associated with counterparties and customers.

Foreign Currency Exchange Risk

We are exposed to foreign currency exchange risk related to our international operations, including non-functional currency intercompany debt and net investments in subsidiaries. We are also exposed to foreign exchange risk as a result of transactions in currencies other than the functional currency of certain subsidiaries. Principal currencies hedged include the Canadian dollar, Australian dollar and U.S. dollar. We utilize foreign exchange forward purchase and sale contracts, as well as cross-currency swaps, to hedge these exposures. The contracts are either designated as cash-flow hedging instruments or are undesignated. We hedge portions of our forecasted foreign currency transaction exposure with foreign exchange forward contracts for periods typically up to 18 months. To hedge currency exposures related to intercompany debt, foreign exchange forward purchase and sale contracts, as well as cross-currency swap contracts, are entered into for periods consistent with the underlying debt. As of February 1, 2015, cross-currency swap contracts mature between 6 and 30 months. The notional amount of foreign exchange forward and cross-currency swap contracts accounted for as cash-flow hedges was $45 at February 1, 2015 and $58 at August 3, 2014. The effective portion of the changes in fair value on these instruments is recorded in other comprehensive income (loss) and is reclassified into the Consolidated Statements of Earnings on the same line item and the same period in which the underlying hedged transaction affects earnings. The notional amount of foreign exchange forward and cross-currency swap contracts that are not designated as accounting hedges was $419 and $561 at February 1, 2015 and August 3, 2014, respectively.

Interest Rate Risk

We manage our exposure to changes in interest rates by optimizing the use of variable-rate and fixed-rate debt and by utilizing interest rate swaps in order to maintain our variable-to-total debt ratio within targeted guidelines. Receive fixed rate/pay variable rate interest rate swaps are accounted for as fair-value hedges. We manage our exposure to interest rate volatility on future debt issuances by entering into forward starting interest rate swaps to lock in the rate on the interest payments related to anticipated debt issuances. These pay fixed rate/receive variable rate forward starting interest rate swaps are accounted for as cash-flow hedges. The effective portion of the changes in fair value on these instruments is recorded in other comprehensive income (loss) and is reclassified into the Consolidated Statements of Earnings over the life of the debt. The notional amount of outstanding forward starting interest rate swaps totaled $550 at February 1, 2015, of which $250 relates to an anticipated issuance in 2015 and $300 relates to an anticipated issuance in 2018. The notional amount of outstanding forward starting interest rate swaps totaled $250 at August 3, 2014.

Commodity Price Risk

We principally use a combination of purchase orders and various short- and long-term supply arrangements in connection with the purchase of raw materials, including certain commodities and agricultural products. We also enter into commodity futures, options and swap contracts to reduce the volatility of price fluctuations of diesel fuel, wheat, soybean oil, natural gas, aluminum, dairy, cocoa and corn, which impact the cost of raw materials. Commodity futures, options, and swap contracts are either accounted for as cash-flow hedges or are not designated as accounting hedges. We hedge a portion of commodity requirements for periods typically up to 18 months. There were no commodity contracts accounted for as cash-flow hedges as of February 1, 2015 or August 3, 2014. The notional amount of commodity contracts not designated as accounting hedges was $101 at February 1, 2015 and $146 at August 3, 2014.

Equity Price Risk

We enter into swap contracts which hedge a portion of exposures relating to certain deferred compensation obligations linked to the total return of our capital stock, the total return of the Vanguard Institutional Index, and the total return of the Vanguard Total International Stock Index. Under these contracts,we pay variable interest rates and receive from the counterparty either the total return on our capital stock; the total return of the Standard & Poor's 500 Index, which is expected to approximate the total return of the Vanguard Institutional Index; or the total return of the iShares MSCI EAFE Index, which is expected to approximate the total return of the Vanguard Total International Stock Index. These contracts were not designated as hedges for accounting purposes and are entered into for periods typically not exceeding 12 months. The notional amounts of the contracts were $56 as of February 1, 2015 and August 3, 2014.

The following table summarizes the fair value of derivative instruments on a gross basis as recorded in the Consolidated Balance Sheets as of February 1, 2015 and August 3, 2014:



	Balance Sheet Classification	February 1, 2015		August 3, 2014
Asset Derivatives
Derivatives designated as hedges:
Foreign exchange forward contracts	Other current assets	$	3	$	1
Forward starting interest rate swaps	Other current assets	—		11
Total derivatives designated as hedges		$	3	$	12
Derivatives not designated as hedges:
Commodity derivative contracts	Other current assets	$	—	$	2
Cross-currency swap contracts	Other current assets	4		—
Deferred compensation derivative contracts	Other current assets	1		—
Foreign exchange forward contracts	Other current assets	10		1
Cross-currency swap contracts	Other assets	36		—
Total derivatives not designated as hedges		$	51	$	3
Total asset derivatives		$	54	$	15



	Balance Sheet Classification	February 1, 2015		August 3, 2014
Liability Derivatives
Derivatives designated as hedges:
Foreign exchange forward contracts	Accrued liabilities	$	—	$	1
Forward starting interest rate swaps	Accrued liabilities	15		—
Forward starting interest rate swaps	Other liabilities	23		—
Total derivatives designated as hedges		$	38	$	1
Derivatives not designated as hedges:
Commodity derivative contracts	Accrued liabilities	$	20	$	10
Cross-currency swap contracts	Accrued liabilities	—		1
Deferred compensation derivative contracts	Accrued liabilities	1		3
Foreign exchange forward contracts	Accrued liabilities	2		2
Commodity derivative contracts	Other liabilities	—		1
Cross-currency swap contracts	Other liabilities	—		5
Total derivatives not designated as hedges		$	23	$	22
Total liability derivatives		$	61	$	23

We do not offset the fair values of derivative assets and liabilities executed with the same counterparty that are generally subject to enforceable netting agreements. However, if we were to offset and record the asset and liability balances of derivatives on a net basis, the amounts presented in the Consolidated Balance Sheets as of February 1, 2015 and August 3, 2014 would be adjusted as detailed in the following table:



	February 1, 2015							August 3, 2014
Derivative Instrument	Gross Amounts Presented in the Consolidated Balance Sheet		Gross Amounts Not Offset in the Consolidated Balance Sheet Subject to Netting Agreements			Net Amount		Gross Amounts Presented in the Consolidated Balance Sheet		Gross Amounts Not Offset in the Consolidated Balance Sheet Subject to Netting Agreements			Net Amount
Total asset derivatives	$	54	$	(40	)	$	14	$	15	$	(4	)	$	11

Total liability derivatives	$	61	$	(40	)	$	21	$	23	$	(4	)	$	19

We do not offset fair value amounts recognized for exchange-traded commodity derivative instruments and cash margin accounts executed with the same counterparty that are subject to enforceable netting agreements. We are required to maintain cash margin accounts in connection with funding the settlement of open positions. At February 1, 2015 and August 3, 2014, a cash margin account balance of $24 and $14, respectively, was included in Other current assets in the Consolidated Balance Sheets.

The following tables show the effect of our derivative instruments designated as cash-flow hedges for the three- and six-month periods ended February 1, 2015, and January 26, 2014, in other comprehensive income (loss) (OCI) and the Consolidated Statements of Earnings:



		Total Cash-Flow Hedge OCI Activity
Derivatives Designated as Cash-Flow Hedges		February 1, 2015			January 26, 2014
Three Months Ended
OCI derivative gain (loss) at beginning of quarter		$	(4	)	$	5
Effective portion of changes in fair value recognized in OCI:
Foreign exchange forward contracts		10			2
Forward starting interest rate swaps		(42		)	2
Amount of (gain) loss reclassified from OCI to earnings:	Location in Earnings
Foreign exchange forward contracts	Other expenses / (income)	(1		)	(1		)
Forward starting interest rate swaps	Interest expense	1			1
OCI derivative gain (loss) at end of quarter		$	(36	)	$	9

Six Months Ended
OCI derivative gain (loss) at beginning of year		$	(4	)	$	8
Effective portion of changes in fair value recognized in OCI:
Foreign exchange forward contracts		13			3
Forward starting interest rate swaps		(46		)	(2		)
Amount of (gain) loss reclassified from OCI to earnings:	Location in Earnings
Foreign exchange forward contracts	Cost of products sold	—			(1		)
Foreign exchange forward contracts	Other expenses / (income)	(1		)	(1		)
Forward starting interest rate swaps	Interest expense	2			2
OCI derivative gain (loss) at end of quarter		$	(36	)	$	9

Based on current valuations, the amount expected to be reclassified from OCI into earnings within the next 12 months is a gain of $7. The ineffective portion and amount excluded from effectiveness testing were not material.

The following table shows the effect of our derivative instruments designated as fair-value hedges in the Consolidated Statements of Earnings:



		Amount of Gain (Loss) Recognized in Earnings on Derivatives					Amount of Gain (Loss) Recognized in Earnings on Hedged Item
Derivatives Designated as Fair-Value Hedges	Location of Gain (Loss) Recognized in Earnings	February 1, 2015		January 26, 2014			February 1, 2015		January 26, 2014
Three Months Ended
Interest rate swaps	Interest expense	$	—	$	—		$	—	$	—

Six Months Ended
Interest rate swaps	Interest expense	$	—	$	(1	)	$	—	$	1

The following table shows the effects of our derivative instruments not designated as hedges in the Consolidated Statements of Earnings:



		Amount of Gain (Loss) Recognized in Earnings on Derivatives
Derivatives not Designated as Hedges	Location of Gain (Loss) Recognized in Earnings	Three Months Ended					Six Months Ended
Derivatives not Designated as Hedges	Location of Gain (Loss) Recognized in Earnings	February 1, 2015			January 26, 2014		February 1, 2015			January 26, 2014
Foreign exchange forward contracts	Cost of products sold	$	(1	)	$	3	$	—		$	5
Foreign exchange forward contracts	Other expenses/income	—			2		—			(12		)
Commodity derivative contracts	Cost of products sold	(13		)	2		(18		)	—
Cross-currency swap contracts	Other expenses/income	38			24		52			21
Deferred compensation derivative contracts	Administrative expenses	1			—		3			(1		)
Total		$	25		$	31	$	37		$	13

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

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Fair Value Measurements

6 Months Ended

Feb. 01, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurements

Financial assets and liabilities are categorized based on the following fair value hierarchy:


•	Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.


•	Level 2: Inputs other than quoted prices included in Level 1 that are observable for the asset or liability through corroboration with observable market data.


•	Level 3: Unobservable inputs, which are based on our estimates of assumptions that market participants would use in pricing the asset or liability.

Fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. When available, we use unadjusted quoted market prices to measure the fair value and classify such items as Level 1. If quoted market prices are not available, we base fair value upon internally developed models that use current market-based or independently sourced market parameters such as interest rates and currency rates. Included in the fair value of derivative instruments is an adjustment for credit and nonperformance risk.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents our financial assets and liabilities that are measured at fair value on a recurring basis as of February 1, 2015, and August 3, 2014, consistent with the fair value hierarchy:



	Fair Value as of February 1, 2015		Fair Value Measurements at February 1, 2015 Using Fair Value Hierarchy						Fair Value as of August 3, 2014		Fair Value Measurements at August 3, 2014 Using Fair Value Hierarchy
	Fair Value as of February 1, 2015		Level 1		Level 2		Level 3		Fair Value as of August 3, 2014		Level 1		Level 2		Level 3
Assets
Forward starting interest rate swaps⁽¹⁾	$	—	$	—	$	—	$	—	$	11	$	—	$	11	$	—
Foreign exchange forward contracts⁽²⁾	13		—		13		—		2		—		2		—
Commodity derivative contracts⁽³⁾	—		—		—		—		2		1		1		—
Cross-currency swap contracts⁽⁴⁾	40		—		40		—		—		—		—		—
Deferred compensation derivative contracts⁽⁵⁾	1		—		1		—		—		—		—		—
Total assets at fair value	$	54	$	—	$	54	$	—	$	15	$	1	$	14	$	—



	Fair Value as of February 1, 2015		Fair Value Measurements at February 1, 2015 Using Fair Value Hierarchy						Fair Value as of August 3, 2014		Fair Value Measurements at August 3, 2014 Using Fair Value Hierarchy
	Fair Value as of February 1, 2015		Level 1		Level 2		Level 3		Fair Value as of August 3, 2014		Level 1		Level 2		Level 3
Liabilities
Forward starting interest rate swaps⁽¹⁾	$	38	$	—	$	38	$	—	$	—	$	—	$	—	$	—
Foreign exchange forward contracts⁽²⁾	2		—		2		—		3		—		3		—
Commodity derivative contracts⁽³⁾	20		20		—		—		11		11		—		—
Cross-currency swap contracts⁽⁴⁾	—		—		—		—		6		—		6		—
Deferred compensation derivative contracts⁽⁵⁾	1		—		1		—		3		—		3		—
Deferred compensation obligation⁽⁶⁾	131		131		—		—		123		123		—		—
Total liabilities at fair value	$	192	$	151	$	41	$	—	$	146	$	134	$	12	$	—

___________________________________


⁽¹⁾	Based on LIBOR swap rates.


⁽²⁾	Based on observable market transactions of spot currency rates and forward rates.


⁽³⁾	Based on quoted futures exchanges and on observable prices of futures and options transactions in the marketplace.


⁽⁴⁾	Based on observable local benchmarks for currency and interest rates.


⁽⁵⁾	Based on LIBOR and equity index swap rates.


⁽⁶⁾	Based on the fair value of the participants’ investments.

Fair Value of Financial Instruments

The carrying values of cash and cash equivalents, accounts receivable, accounts payable and short-term borrowings, excluding the current portion of long-term debt, approximate fair value.

Cash equivalents of $42 at February 1, 2015 and $46 at August 3, 2014 represent fair value as these highly liquid investments have an original maturity of three months or less. Fair value of cash equivalents is based on Level 2 inputs.

The fair value of long-term debt, including the current portion of long-term debt in Short-term borrowings, was $2,397 at February 1, 2015 and $2,647 at August 3, 2014. The carrying value was $2,263 at February 1, 2015 and $2,544 at August 3, 2014. The fair value of long-term debt is principally estimated using Level 2 inputs based on quoted market prices or pricing models using current market rates.

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Share Repurchases	6 Months Ended
Share Repurchases	Feb. 01, 2015
Equity [Abstract]
Share Repurchases	Share Repurchases In June 2011, our Board of Directors authorized the purchase of up to $1,000 of our stock. This program has no expiration date. In addition to this publicly announced program, we also repurchase shares to offset the impact of dilution from shares issued under our stock compensation plans. During the six-month period ended February 1, 2015, we repurchased 3 million shares at a cost of $133. Of this amount, $100 was used to repurchase shares pursuant to our June 2011 publicly announced share repurchase program. Approximately $650 remained available under this program as of February 1, 2015. During the six-month period ended January 26, 2014, we repurchased 2 million shares at a cost of $76 to offset the impact of dilution from shares issued under our stock compensation plans.

Stock-based Compensation

6 Months Ended

Feb. 01, 2015

Stock-based Compensation

We provide compensation benefits by issuing unrestricted stock, restricted stock and restricted stock units (including time-lapse restricted stock units, EPS performance restricted stock units, total shareholder return (TSR) performance restricted stock units, strategic performance restricted stock units and special performance restricted stock units). In 2015, we issued time-lapse restricted stock units, EPS performance restricted stock units, TSR performance restricted stock units and special performance restricted stock units. We did not issue strategic performance restricted stock units in 2015. In previous years, we also issued stock options and stock appreciation rights.

Total pre-tax stock-based compensation expense recognized in Earnings from continuing operations was $18 and $15 for the three-month periods ended February 1, 2015, and January 26, 2014, respectively. Tax-related benefits of $6 were also recognized for the three-month periods ended February 1, 2015, and January 26, 2014. Total pre-tax stock-based compensation expense recognized in Earnings from continuing operations was $31 and $36 for the six-month periods ended February 1, 2015, and January 26, 2014, respectively. The pre-tax stock-based compensation expense recognized in Earnings from discontinued operations was $1 for the six-month period ended January 26, 2014. Tax-related benefits of $11 and $14 were also recognized for the six-month periods ended February 1, 2015, and January 26, 2014, respectively. Cash received from the exercise of stock options was $8 and $7 for the six-month periods ended February 1, 2015, and January 26, 2014, respectively, and is reflected in cash flows from financing activities in the Consolidated Statements of Cash Flows.

The following table summarizes stock option activity as of February 1, 2015:



	Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life	Aggregate Intrinsic Value
	(Options in thousands)				(In years)
Outstanding at August 3, 2014	408		$	28.33
Granted	—		$	—
Exercised	(300	)	$	27.78
Terminated	(3	)	$	26.36
Outstanding at February 1, 2015	105		$	29.91	0.9	$	2
Exercisable at February 1, 2015	105		$	29.91	0.9	$	2

The total intrinsic value of options exercised during the six-month periods ended February 1, 2015, and January 26, 2014, was $5 and $4, respectively. As of January 2009, compensation related to stock options was fully expensed. We measured the fair value of stock options using the Black-Scholes option pricing model.

The following table summarizes time-lapse restricted stock units, EPS performance restricted stock units, strategic performance restricted stock units and special performance restricted stock units as of February 1, 2015:



	Units		Weighted- Average Grant-Date Fair Value
	(Restricted stock units in thousands)
Nonvested at August 3, 2014	2,994		$	37.69
Granted	1,059		$	42.35
Vested	(1,245	)	$	35.56
Forfeited	(384	)	$	36.10
Nonvested at February 1, 2015	2,424		$	41.08

The fair value of time-lapse restricted stock units, EPS performance restricted stock units, strategic performance restricted stock units and special performance restricted stock units is determined based on the quoted price of our stock at the date of grant. Time-lapse restricted stock units are expensed on a straight-line basis over the vesting period, except for awards issued to retirement-eligible participants, which are expensed on an accelerated basis. EPS performance restricted stock units are expensed on a graded-vesting basis, except for awards issued to retirement-eligible participants, which are expensed on an accelerated basis. There were 252 thousand EPS performance target grants outstanding at February 1, 2015 with a weighted-average grant-date fair value of $40.72. Strategic performance restricted stock units are expensed on a straight-line basis over the service period. Awards of the strategic performance restricted stock units are earned based upon the achievement of two key metrics, net sales and EPS growth, compared to strategic plan objectives during a two-year period for grants in 2013 and during a three-year period for grants in 2014. There were 384 thousand strategic performance target grants outstanding at February 1, 2015 with a grant-date fair value of $41.21. The actual number of EPS performance restricted stock units and strategic performance restricted stock units issued at the vesting date could range from either 0% or 100% and 0% to 200%, respectively, of the initial grant, depending on actual performance achieved. Expense is estimated based on the number of awards expected to vest.

In 2015, we issued special performance restricted stock units for which vesting is contingent upon meeting various financial goals and performance milestones to support innovation and growth initiatives. These awards vest over a period of 2 years and are included in the table above. The actual number of special performance awards issued at the vesting date could range from 0% to 150%. There were 184 thousand special performance restricted stock units outstanding at February 1, 2015 with a grant-date fair value of $42.22.

As of February 1, 2015, total remaining unearned compensation related to nonvested time-lapse restricted stock units, EPS performance restricted stock units, strategic performance restricted stock units and special performance restricted stock units was $50, which will be amortized over the weighted-average remaining service period of 1.7 years. The fair value of restricted stock units vested during the six-month periods ended February 1, 2015, and January 26, 2014, was $53 and $104, respectively. The weighted-average grant-date fair value of the restricted stock units granted during the six-month period ended January 26, 2014 was $39.76.

The following table summarizes TSR performance restricted stock units as of February 1, 2015:



	Units		Weighted- Average Grant-Date Fair Value
	(Restricted stock units in thousands)
Nonvested at August 3, 2014	861		$	38.15
Granted	874		$	43.39
Vested	—		$	—
Forfeited	(41	)	$	40.02
Nonvested at February 1, 2015	1,694		$	40.81

We estimated the fair value of TSR performance restricted stock units at the grant date using a Monte Carlo simulation. Assumptions used in the Monte Carlo simulation were as follows:



	2015	2014
Risk-free interest rate	0.97%	0.60%
Expected dividend yield	2.91%	2.98%
Expected volatility	16.20%	15.76%
Expected term	3 years	3 years

Compensation expense is recognized on a straight-line basis over the service period. As of February 1, 2015, total remaining unearned compensation related to TSR performance restricted stock units was $39, which will be amortized over the weighted-average remaining service period of 2.3 years. There were no restricted stock units granted during 2012. The grant-date fair value of the TSR performance restricted stock units granted during 2014 was $36.26.

The excess tax benefits on the exercise of stock options and vested restricted stock presented as cash flows from financing activities for the six-month periods ended February 1, 2015, and January 26, 2014 were $5 and $10, respectively.

Inventories (Notes)

6 Months Ended

Feb. 01, 2015

Inventory Disclosure [Abstract]

Inventories



	February 1, 2015		August 3, 2014
Raw materials, containers and supplies	$	410	$	399
Finished products	506		617
Total inventories	$	916	$	1,016

Supplemental Cash Flow Information

6 Months Ended

Feb. 01, 2015

Supplemental Cash Flow Information [Abstract]

Supplemental Cash Flow Information Related Text

Supplemental Cash Flow Information

Other cash used in operating activities for the six-month periods was comprised of the following:



	February 1, 2015			January 26, 2014
Benefit related payments	$	(16	)	$	(21	)
Other	(2		)	(3		)
Total	$	(18	)	$	(24	)

Product Recall	6 Months Ended
Product Recall	Feb. 01, 2015
Product Recall [Abstract]
Product Recall [Text Block]	Voluntary Product Recall On November 8, 2013, we voluntarily recalled a range of Plum products packaged in resealable pouches after discovering a manufacturing defect that may cause spoilage in some pouches. In the three-month period ended October 27, 2013, we recognized costs of $16 ($11 after tax or $.03 per share) associated with the recall, including estimates for customer returns and consumer rebates, costs associated with returned product and the disposal and write-off of inventory.

Acquistions (Tables)

6 Months Ended

Feb. 01, 2015

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited summary information is presented on a consolidated pro forma basis as if the Kelsen acquisition had occurred on July 30, 2012:



	Six Months Ended
	January 26, 2014
Net sales	$	4,450
Earnings from continuing operations attributable to Campbell Soup Company	$	417
Earnings per share from continuing operations attributable to Campbell Soup Company	$	1.32

Discontinued Operations (Tables)

6 Months Ended

Feb. 01, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Results of discontinued operations were as follows:



	Three Months Ended			Six Months Ended
	January 26, 2014			January 26, 2014
Net sales	$	—		$	137
Gain on sale of the European simple meals business	$	147		$	141
Earnings from operations, before taxes	—			14
Earnings before taxes	$	147		$	155
Taxes on earnings	(57		)	(74		)
Earnings from discontinued operations	$	90		$	81

Components Of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details

Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Feb. 01, 2015

Equity [Abstract]

The components of Accumulated other comprehensive income (loss) consisted of the following:



	Foreign Currency Translation Adjustments⁽¹⁾			Gains (Losses) on Cash Flow Hedges⁽²⁾			Pension and Postretirement Benefit Plan Adjustments⁽³⁾			Total Accumulated Comprehensive Income (Loss)
Balance at August 3, 2014	$	137		$	(3	)	$	(703	)	$	(569	)
Other comprehensive income (loss) before reclassifications	(249		)	(20		)	11			(258		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			1			31			32
Net current-period other comprehensive income (loss)	(249		)	(19		)	42			(226		)
Balance at February 1, 2015	$	(112	)	$	(22	)	$	(661	)	$	(795	)

_____________________________________


⁽¹⁾	Included a tax expense of $6 as of February 1, 2015 and $7 as of August 3, 2014.


⁽²⁾	Included a tax benefit of $14 as of February 1, 2015 and $1 as of August 3, 2014.


⁽³⁾	Included a tax benefit of $383 as of February 1, 2015 and $405 as of August 3, 2014.

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The amounts reclassified from Accumulated other comprehensive income (loss) consisted of the following:



	Three Months Ended						Six Months Ended
Details about Accumulated Other Comprehensive Income (Loss) Components	February 1, 2015			January 26, 2014			February 1, 2015			January 26, 2014			Location of (Gain) Loss Recognized in Earnings
(Gains) losses on cash flow hedges:
Foreign exchange forward contracts	$	—		$	—		$	—		$	(1	)	Cost of products sold
Foreign exchange forward contracts	(1		)	(1		)	(1		)	(1		)	Other expenses / (income)
Forward starting interest rate swaps	1			1			2			2			Interest expense
Total before tax	—			—			1			—
Tax expense (benefit)	—			—			—			—
(Gain) loss, net of tax	$	—		$	—		$	1		$	—

Pension and postretirement benefit adjustments:
Prior service credit	$	(1	)	$	(1	)	$	(1	)	$	(1	)	⁽¹⁾
Net actuarial losses	24			25			48			47			⁽¹⁾
Total before tax	23			24			47			46
Tax expense (benefit)	(7		)	(8		)	(16		)	(16		)
(Gain) loss, net of tax	$	16		$	16		$	31		$	30

_____________________________________


⁽¹⁾	In 2014, net actuarial losses of $2 were recognized in Earnings (loss) from discontinued operations as a result of the sale of the European simple meals business. Excluding the net actuarial losses related to the sale of the business in 2014, these items are included in the components of net periodic benefit costs (see Note 11 for additional details).

Goodwill And Intangible Assets (Tables)

6 Months Ended

Feb. 01, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

The following table shows the changes in the carrying amount of goodwill by business segment:



	U.S. Simple Meals		Global Baking and Snacking			International Simple Meals and Beverages			U.S. Beverages		Bolthouse and Foodservice		Total
Balance at August 3, 2014	$	450	$	918		$	115		$	112	$	838	$	2,433
Foreign currency translation adjustments	—		(145		)	(17		)	—		—		(162		)
Balance at February 1, 2015	$	450	$	773		$	98		$	112	$	838	$	2,271

Intangible Assets Disclosure [Text Block]

The following table sets forth balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization:



Intangible Assets	February 1, 2015			August 3, 2014
Amortizable intangible assets
Customer relationships	$	174		$	178
Technology	40			40
Other	35			35
Total gross amortizable intangible assets	$	249		$	253
Accumulated amortization	(43		)	(35		)
Total net amortizable intangible assets	$	206		$	218
Non-amortizable intangible assets
Trademarks	933			957
Total net intangible assets	$	1,139		$	1,175

Business And Geographic Segment Information (Tables)

6 Months Ended

Feb. 01, 2015

Segment Reporting [Abstract]

Schedule Of Segment Reporting



	Three Months Ended				Six Months Ended
	February 1, 2015		January 26, 2014		February 1, 2015		January 26, 2014
Net sales
U.S. Simple Meals	$	867	$	894	$	1,795	$	1,754
Global Baking and Snacking	640		639		1,267		1,248
International Simple Meals and Beverages	194		213		383		406
U.S. Beverages	169		176		337		349
Bolthouse and Foodservice	364		359		707		689
Total	$	2,234	$	2,281	$	4,489	$	4,446



	Three Months Ended						Six Months Ended
	February 1, 2015			January 26, 2014			February 1, 2015			January 26, 2014
Earnings before interest and taxes
U.S. Simple Meals	$	170		$	214		$	412		$	425
Global Baking and Snacking	107			88			197			166
International Simple Meals and Beverages	26			38			42			58
U.S. Beverages	20			31			46			55
Bolthouse and Foodservice	26			36			48			65
Corporate⁽¹⁾	(37		)	(33		)	(65		)	(69		)
Restructuring charges⁽²⁾	—			(13		)	—			(34		)
Total	$	312		$	361		$	680		$	666

_______________________________________


⁽¹⁾	Represents unallocated corporate expenses. Restructuring-related costs of $2 and a loss of $9 on foreign exchange forward contracts related to the sale of the European simple meals business were included in the six-month period ended January 26, 2014.


⁽²⁾	See Note 8 for additional information.

Additional Product Information for Net Sales

Our global net sales based on product categories are as follows:



	Three Months Ended				Six Months Ended
	February 1, 2015		January 26, 2014		February 1, 2015		January 26, 2014
Net sales
Simple Meals	$	1,290	$	1,329	$	2,601	$	2,563
Baked Snacks	669		670		1,332		1,315
Beverages	275		282		556		568
Total	$	2,234	$	2,281	$	4,489	$	4,446

Restructuring Charges (Tables)

6 Months Ended

Feb. 01, 2015

2014 Initiatives [Member]

Schedule Of Pre-Tax Charge And Remaining Costs

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



	Total Program		Recognized as of February 1, 2015			Remaining Costs to be Recognized
Severance pay and benefits	$	42	$	(41	)	$	1
Asset impairment	12		(12		)	—
Other exit costs	2		(1		)	1
Total	$	56	$	(54	)	$	2

Schedule Of Restructuring Activity And Related Reserves

A summary of the restructuring activity and related reserves associated with the 2014 initiatives at February 1, 2015 is as follows:



			Six Months Ended February 1, 2015
	Accrued Balance at August 3, 2014		Charges		Cash Payments			Foreign Currency Translation Adjustment			Accrued Balance at February 1, 2015
Severance pay and benefits	$	28	$	—	$	(13	)	$	(2	)	$	13

Schedule Of Restructuring Charges Associated With Each Reportable Segment

A summary of restructuring charges incurred to date associated with segments is as follows:



	U.S. Simple Meals		Global Baking and Snacking		International Simple Meals and Beverages		U.S. Beverages		Bolthouse and Foodservice		Corporate		Total
Severance pay and benefits	$	7	$	23	$	6	$	2	$	2	$	1	$	41
Asset impairment	1		—		11		—		—		—		12
Other exit costs	—		—		1		—		—		—		1
	$	8	$	23	$	18	$	2	$	2	$	1	$	54

2013 Initiatives [Member]

Schedule Of Pre-Tax Charge And Remaining Costs

A summary of the pre-tax costs and remaining costs associated with the 2013 initiatives is as follows:



	Total Program		Recognized as of February 1, 2015			Remaining Costs to be Recognized
Severance pay and benefits	$	35	$	(35	)	$	—
Accelerated depreciation/asset impairment	99		(99		)	—
Other exit costs	14		(12		)	2
Total	$	148	$	(146	)	$	2

Schedule Of Restructuring Activity And Related Reserves

A summary of the restructuring activity and related reserves associated with the 2013 initiatives at February 1, 2015 is as follows:



			Six Months Ended February 1, 2015
	Accrued Balance at August 3, 2014		Charges		Cash Payments			Accrued Balance at February 1, 2015
Severance pay and benefits	$	3	$	—	$	(2	)	$	1

Schedule Of Restructuring Charges Associated With Each Reportable Segment

A summary of restructuring charges and related costs incurred to date associated with segments is as follows:



	U.S. Simple Meals		Global Baking and Snacking		International Simple Meals and Beverages		U.S. Beverages		Bolthouse and Foodservice		Total
Severance pay and benefits	$	19	$	2	$	5	$	7	$	2	$	35
Accelerated depreciation/asset impairment	64		10		3		22		—		99
Other exit costs	7		2		1		2		—		12
	$	90	$	14	$	9	$	31	$	2	$	146

Pension And Postretirement Benefits (Tables)

6 Months Ended

Feb. 01, 2015

Defined Benefit Plan Disclosure [Line Items]

Schedule Of Components Of Benefit Expense

Components of benefit expense were as follows:



	Three Months Ended												Six Months Ended
	Pension						Postretirement						Pension						Postretirement
	February 1, 2015			January 26, 2014			February 1, 2015			January 26, 2014			February 1, 2015			January 26, 2014			February 1, 2015			January 26, 2014
Service cost	$	7		$	10		$	1		$	—		$	14		$	21		$	1		$	1
Interest cost	26			29			4			5			53			58			8			9
Expected return on plan assets	(43		)	(44		)	—			—			(87		)	(89		)	—			—
Amortization of prior service credit	—			—			(1		)	(1		)	—			—			(1		)	(1		)
Recognized net actuarial loss	21			19			3			4			42			38			6			7
Net periodic benefit expense	$	11		$	14		$	7		$	8		$	22		$	28		$	14		$	16

Financial Instruments (Tables)

6 Months Ended

Feb. 01, 2015

General Discussion of Derivative Instruments and Hedging Activities [Abstract]

Schedule Of The Fair Value Of Derivative Instruments

The following table summarizes the fair value of derivative instruments on a gross basis as recorded in the Consolidated Balance Sheets as of February 1, 2015 and August 3, 2014:



	Balance Sheet Classification	February 1, 2015		August 3, 2014
Asset Derivatives
Derivatives designated as hedges:
Foreign exchange forward contracts	Other current assets	$	3	$	1
Forward starting interest rate swaps	Other current assets	—		11
Total derivatives designated as hedges		$	3	$	12
Derivatives not designated as hedges:
Commodity derivative contracts	Other current assets	$	—	$	2
Cross-currency swap contracts	Other current assets	4		—
Deferred compensation derivative contracts	Other current assets	1		—
Foreign exchange forward contracts	Other current assets	10		1
Cross-currency swap contracts	Other assets	36		—
Total derivatives not designated as hedges		$	51	$	3
Total asset derivatives		$	54	$	15



	Balance Sheet Classification	February 1, 2015		August 3, 2014
Liability Derivatives
Derivatives designated as hedges:
Foreign exchange forward contracts	Accrued liabilities	$	—	$	1
Forward starting interest rate swaps	Accrued liabilities	15		—
Forward starting interest rate swaps	Other liabilities	23		—
Total derivatives designated as hedges		$	38	$	1
Derivatives not designated as hedges:
Commodity derivative contracts	Accrued liabilities	$	20	$	10
Cross-currency swap contracts	Accrued liabilities	—		1
Deferred compensation derivative contracts	Accrued liabilities	1		3
Foreign exchange forward contracts	Accrued liabilities	2		2
Commodity derivative contracts	Other liabilities	—		1
Cross-currency swap contracts	Other liabilities	—		5
Total derivatives not designated as hedges		$	23	$	22
Total liability derivatives		$	61	$	23

Offsetting Assets and Liabilities



	February 1, 2015							August 3, 2014
Derivative Instrument	Gross Amounts Presented in the Consolidated Balance Sheet		Gross Amounts Not Offset in the Consolidated Balance Sheet Subject to Netting Agreements			Net Amount		Gross Amounts Presented in the Consolidated Balance Sheet		Gross Amounts Not Offset in the Consolidated Balance Sheet Subject to Netting Agreements			Net Amount
Total asset derivatives	$	54	$	(40	)	$	14	$	15	$	(4	)	$	11

Total liability derivatives	$	61	$	(40	)	$	21	$	23	$	(4	)	$	19

Schedule Of Changes In Cash-Flow Hedges In Other Comprehensive Income (Loss)



		Total Cash-Flow Hedge OCI Activity
Derivatives Designated as Cash-Flow Hedges		February 1, 2015			January 26, 2014
Three Months Ended
OCI derivative gain (loss) at beginning of quarter		$	(4	)	$	5
Effective portion of changes in fair value recognized in OCI:
Foreign exchange forward contracts		10			2
Forward starting interest rate swaps		(42		)	2
Amount of (gain) loss reclassified from OCI to earnings:	Location in Earnings
Foreign exchange forward contracts	Other expenses / (income)	(1		)	(1		)
Forward starting interest rate swaps	Interest expense	1			1
OCI derivative gain (loss) at end of quarter		$	(36	)	$	9

Six Months Ended
OCI derivative gain (loss) at beginning of year		$	(4	)	$	8
Effective portion of changes in fair value recognized in OCI:
Foreign exchange forward contracts		13			3
Forward starting interest rate swaps		(46		)	(2		)
Amount of (gain) loss reclassified from OCI to earnings:	Location in Earnings
Foreign exchange forward contracts	Cost of products sold	—			(1		)
Foreign exchange forward contracts	Other expenses / (income)	(1		)	(1		)
Forward starting interest rate swaps	Interest expense	2			2
OCI derivative gain (loss) at end of quarter		$	(36	)	$	9

Derivatives Designated As Fair-Value Hedges

The following table shows the effect of our derivative instruments designated as fair-value hedges in the Consolidated Statements of Earnings:



		Amount of Gain (Loss) Recognized in Earnings on Derivatives					Amount of Gain (Loss) Recognized in Earnings on Hedged Item
Derivatives Designated as Fair-Value Hedges	Location of Gain (Loss) Recognized in Earnings	February 1, 2015		January 26, 2014			February 1, 2015		January 26, 2014
Three Months Ended
Interest rate swaps	Interest expense	$	—	$	—		$	—	$	—

Six Months Ended
Interest rate swaps	Interest expense	$	—	$	(1	)	$	—	$	1

Derivatives Not Designated As Hedges

The following table shows the effects of our derivative instruments not designated as hedges in the Consolidated Statements of Earnings:



		Amount of Gain (Loss) Recognized in Earnings on Derivatives
Derivatives not Designated as Hedges	Location of Gain (Loss) Recognized in Earnings	Three Months Ended					Six Months Ended
Derivatives not Designated as Hedges	Location of Gain (Loss) Recognized in Earnings	February 1, 2015			January 26, 2014		February 1, 2015			January 26, 2014
Foreign exchange forward contracts	Cost of products sold	$	(1	)	$	3	$	—		$	5
Foreign exchange forward contracts	Other expenses/income	—			2		—			(12		)
Commodity derivative contracts	Cost of products sold	(13		)	2		(18		)	—
Cross-currency swap contracts	Other expenses/income	38			24		52			21
Deferred compensation derivative contracts	Administrative expenses	1			—		3			(1		)
Total		$	25		$	31	$	37		$	13

Fair Value Measurements (Tables)

6 Months Ended

Feb. 01, 2015

Fair Value Disclosures [Abstract]

Fair Value, Assets And Liabilities Measured on Recurring Basis



	Fair Value as of February 1, 2015		Fair Value Measurements at February 1, 2015 Using Fair Value Hierarchy						Fair Value as of August 3, 2014		Fair Value Measurements at August 3, 2014 Using Fair Value Hierarchy
	Fair Value as of February 1, 2015		Level 1		Level 2		Level 3		Fair Value as of August 3, 2014		Level 1		Level 2		Level 3
Assets
Forward starting interest rate swaps⁽¹⁾	$	—	$	—	$	—	$	—	$	11	$	—	$	11	$	—
Foreign exchange forward contracts⁽²⁾	13		—		13		—		2		—		2		—
Commodity derivative contracts⁽³⁾	—		—		—		—		2		1		1		—
Cross-currency swap contracts⁽⁴⁾	40		—		40		—		—		—		—		—
Deferred compensation derivative contracts⁽⁵⁾	1		—		1		—		—		—		—		—
Total assets at fair value	$	54	$	—	$	54	$	—	$	15	$	1	$	14	$	—



	Fair Value as of February 1, 2015		Fair Value Measurements at February 1, 2015 Using Fair Value Hierarchy						Fair Value as of August 3, 2014		Fair Value Measurements at August 3, 2014 Using Fair Value Hierarchy
	Fair Value as of February 1, 2015		Level 1		Level 2		Level 3		Fair Value as of August 3, 2014		Level 1		Level 2		Level 3
Liabilities
Forward starting interest rate swaps⁽¹⁾	$	38	$	—	$	38	$	—	$	—	$	—	$	—	$	—
Foreign exchange forward contracts⁽²⁾	2		—		2		—		3		—		3		—
Commodity derivative contracts⁽³⁾	20		20		—		—		11		11		—		—
Cross-currency swap contracts⁽⁴⁾	—		—		—		—		6		—		6		—
Deferred compensation derivative contracts⁽⁵⁾	1		—		1		—		3		—		3		—
Deferred compensation obligation⁽⁶⁾	131		131		—		—		123		123		—		—
Total liabilities at fair value	$	192	$	151	$	41	$	—	$	146	$	134	$	12	$	—

___________________________________


⁽¹⁾	Based on LIBOR swap rates.


⁽²⁾	Based on observable market transactions of spot currency rates and forward rates.


⁽³⁾	Based on quoted futures exchanges and on observable prices of futures and options transactions in the marketplace.


⁽⁴⁾	Based on observable local benchmarks for currency and interest rates.


⁽⁵⁾	Based on LIBOR and equity index swap rates.


⁽⁶⁾	Based on the fair value of the participants’ investments.

Stock-based Compensation (Tables)

6 Months Ended

Feb. 01, 2015

Stock-based Compensation

Schedule Of Stock Option Activity

The following table summarizes stock option activity as of February 1, 2015:



	Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life	Aggregate Intrinsic Value
	(Options in thousands)				(In years)
Outstanding at August 3, 2014	408		$	28.33
Granted	—		$	—
Exercised	(300	)	$	27.78
Terminated	(3	)	$	26.36
Outstanding at February 1, 2015	105		$	29.91	0.9	$	2
Exercisable at February 1, 2015	105		$	29.91	0.9	$	2

Time Lapse EPS, Strategic Performance And Special Performance Restricted Stock Units [Member]

Stock-based Compensation

Schedule Of Share Based Compensation Restricted Stock Units Award Activity



	Units		Weighted- Average Grant-Date Fair Value
	(Restricted stock units in thousands)
Nonvested at August 3, 2014	2,994		$	37.69
Granted	1,059		$	42.35
Vested	(1,245	)	$	35.56
Forfeited	(384	)	$	36.10
Nonvested at February 1, 2015	2,424		$	41.08

TSR Performance Restricted Stock Units [Member]

Stock-based Compensation

Schedule Of Share Based Compensation Restricted Stock Units Award Activity

The following table summarizes TSR performance restricted stock units as of February 1, 2015:



	Units		Weighted- Average Grant-Date Fair Value
	(Restricted stock units in thousands)
Nonvested at August 3, 2014	861		$	38.15
Granted	874		$	43.39
Vested	—		$	—
Forfeited	(41	)	$	40.02
Nonvested at February 1, 2015	1,694		$	40.81

TSR Performance Restricted Stock Units, Assumptions

We estimated the fair value of TSR performance restricted stock units at the grant date using a Monte Carlo simulation. Assumptions used in the Monte Carlo simulation were as follows:



	2015	2014
Risk-free interest rate	0.97%	0.60%
Expected dividend yield	2.91%	2.98%
Expected volatility	16.20%	15.76%
Expected term	3 years	3 years

Inventories Inventories (Tables)

6 Months Ended

Feb. 01, 2015

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]



	February 1, 2015		August 3, 2014
Raw materials, containers and supplies	$	410	$	399
Finished products	506		617
Total inventories	$	916	$	1,016

Supplemental Cash Flow Information (Tables)

6 Months Ended

Feb. 01, 2015

Supplemental Cash Flow Information [Abstract]

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

Other cash used in operating activities for the six-month periods was comprised of the following:



	February 1, 2015			January 26, 2014
Benefit related payments	$	(16	)	$	(21	)
Other	(2		)	(3		)
Total	$	(18	)	$	(24	)

Acquistions (Narrative) (Details) - Kelsen [Member] $ in Millions		3 Months Ended	6 Months Ended
	Aug. 08, 2013 USD ($)	Jan. 26, 2014 USD ($)	Jan. 26, 2014 USD ($)
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross	$ 331
Number of Countries in which Entity Operates	85
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual		$ 92	$ 144
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual		$ 11	$ 11

Acquistions Pro forma Information (Details) $ / shares in Units, $ in Millions	6 Months Ended
	Jan. 26, 2014 USD ($) $ / shares
Business Acquisition, Pro Forma Information [Abstract]
Business Acquisition, Pro Forma Revenue	$ 4,450
Business Acquisition, Pro Forma Net Income (Loss)	$ 417
Business Acquisition, Pro Forma Earnings Per Share, Diluted \| $ / shares	$ 1.32

Discontinued Operations (Narrative) (Details) $ / shares in Units, € in Millions, $ in Millions			3 Months Ended	6 Months Ended	12 Months Ended
	Oct. 29, 2013 USD ($)	Oct. 29, 2013 EUR (€)	Jan. 26, 2014 USD ($)	Jan. 26, 2014 USD ($)	Aug. 03, 2014 USD ($) $ / shares
Discontinued Operations and Disposal Groups [Abstract]
Proceeds from Divestiture of Businesses	$ 548	€ 400			$ (14)
Gain on sale of business			$ 147	$ 141	141
Gain on sale of business, net of tax					$ 72
Gain on sale of business, per diluted share \| $ / shares					$ 0.23

Discontinued Operations (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
Discontinued Operations (Details) - USD ($) $ in Millions	Feb. 01, 2015	Jan. 26, 2014	Feb. 01, 2015	Jan. 26, 2014	Aug. 03, 2014
Discontinued Operations and Disposal Groups [Abstract]
Net sales		$ 0		$ 137
Gain on sale of business		147		141	$ 141
Earnings from operations, before taxes		0		14
Earnings before taxes		147		155
Taxes on earnings		(57)		(74)
Earnings (loss) from discontinued operations	$ 0	$ 90	$ 0	$ 81

Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss) (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Feb. 01, 2015	Jan. 26, 2014	Feb. 01, 2015	Jan. 26, 2014	Aug. 03, 2014
Reclassification of currency translation adjustments realized upon disposal of business, before tax	$ 0	$ (22)	$ 0	$ (22)	$ (22)
Reclassification of currency translation adjustments realized upon disposal of business, after tax	$ 0	$ (19)	$ 0	$ (19)	$ (19)

Accumulated Other Comprehensive Income (Loss) (Components Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Feb. 01, 2015

Jan. 26, 2014

Feb. 01, 2015

Jan. 26, 2014

Aug. 03, 2014

$ (569)

$ (161)

$ (110)

(226)

$ (52)

Accumulated Other Comprehensive Income Foreign Currency Translation Tax (Benefit) Expense

(795)

$ 7

Accumulated Other Comprehensive Income Cashflow Hedges Tax (Benefit) Expense

(14)

(1)

Accumulated Other Comprehensive Income Unamortized Pension And Post Retirement Tax (Benefit) Expense

(383)

$ (405)

Accumulated Translation Adjustment [Member]

Other Comprehensive Income (Loss) Before Reclassifications Net Of Tax

^[1]

137

(249)

Other Comprehensive Income Reclassifications Current Period Net of Tax

(249)

Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]

^[1]

(112)

Other Comprehensive Income (Loss) Before Reclassifications Net Of Tax

^[2]

(3)

(20)

Other Comprehensive Income Reclassifications Current Period Net of Tax

(19)

Accumulated Defined Benefit Plans Adjustment [Member]

^[2]

(22)

Other Comprehensive Income (Loss) Before Reclassifications Net Of Tax

^[3]

(703)

Other Comprehensive Income Reclassifications Current Period Net of Tax

Accumulated Other Comprehensive Income (Loss) [Member]

^[3]

(661)

Other Comprehensive Income (Loss) Before Reclassifications Net Of Tax

(569)

(258)

Other Comprehensive Income Reclassifications Current Period Net of Tax

(226)

$ (51)

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax [Abstract]

$ (795)

[1]	Included a tax expense of $6 as of February 1, 2015 and $7 as of August 3, 2014.
[2]	Included a tax benefit of $14 as of February 1, 2015 and $1 as of August 3, 2014.
[3]	Included a tax benefit of $383 as of February 1, 2015 and $405 as of August 3, 2014.

Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss) (Schecule of amounts reclassified from AOCI) (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

12 Months Ended

Feb. 01, 2015

Jan. 26, 2014

Feb. 01, 2015

Jan. 26, 2014

Aug. 03, 2014

Reclassification adjustment for (gains) losses included in net earnings, before tax

$ 0

$ 1

$ 0

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Tax, [Abstract]

Reclassification of prior service credit included in net earnings before tax

^[1]

(1)

Reclassification of net actuarial loss included in net earnings before tax

^[1]

Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Tax

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax Effect [Abstract]

Reclassification adjustment for (gains) losses included in net earnings, tax expense (benefit)

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Tax [Abstract]

Total Pension and Other Postretirement Benefit amortization included in net earnings, tax expense (benefit)

(7)

(8)

(16)

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax [Abstract]

Reclassification adjustment for (gains) losses included in net earnings, after-tax

Pension and other postretirement liability adjustments, after-tax [Abstract]

Total Pension and Other Postretirement Benefit amortization included in net earnings, net of tax

Foreign Exchange Contract [Member] | Cost Of Products Sold [Member]

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax [Abstract]

Reclassification adjustment for (gains) losses included in net earnings, before tax

(1)

Foreign Exchange Contract [Member] | Other Expenses Income [Member]

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax [Abstract]

Reclassification adjustment for (gains) losses included in net earnings, before tax

(1)

Interest Rate Contract [Member] | Interest Expense [Member]

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax [Abstract]

Reclassification adjustment for (gains) losses included in net earnings, before tax

$ 1

$ 2

Discontinued Operations [Member]

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Tax, [Abstract]

Reclassification of net actuarial loss included in net earnings before tax

$ 2

[1]

Goodwill And Intangible Assets (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Feb. 01, 2015	Jan. 26, 2014
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 9	$ 9
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	17
Finite-Lived Intangible Assets, Amortization Expense, Year Two	17
Finite Lived Intangible Assets, Amortization Expense, Year Three	17
Finite Lived Intangible Assets, Amortization Expense, Year Four	13
Finite Lived Intangible Assets, Amortization Expense, Year Five	$ 13
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	20 years

Goodwill And Intangible Assets (Goodwill) (Details) $ in Millions	6 Months Ended
	Feb. 01, 2015 USD ($)
Goodwill [Line Items]
Beginning Balance	$ 2,433
Foreign currency translation adjustment	(162)
Ending Balance	2,271
U.S. Simple Meals [Member]
Goodwill [Line Items]
Beginning Balance	450
Foreign currency translation adjustment	0
Ending Balance	450
Global Baking And Snacking [Member]
Goodwill [Line Items]
Beginning Balance	918
Foreign currency translation adjustment	(145)
Ending Balance	773
International Simple Meals And Beverages [Member]
Goodwill [Line Items]
Beginning Balance	115
Foreign currency translation adjustment	(17)
Ending Balance	98
U.S. Beverages [Member]
Goodwill [Line Items]
Beginning Balance	112
Foreign currency translation adjustment	0
Ending Balance	112
Bolthouse and Foodservice [Member]
Goodwill [Line Items]
Beginning Balance	838
Foreign currency translation adjustment	0
Ending Balance	$ 838

Goodwill And Intangible Assets (Intangible Assets) (Details) - USD ($) $ in Millions	Feb. 01, 2015	Aug. 03, 2014
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 249	$ 253
Finite-Lived Intangible Assets, Accumulated Amortization	(43)	(35)
Finite-Lived Intangible Assets, Net	206	218
Indefinite-Lived Intangible Assets (Excluding Goodwill)	933	957
Total net intangible assets	1,139	1,175
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	174	178
Developed Technology Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	40	40
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 35	$ 35

Business And Geographic Segment Information (Narrative) (Details)	6 Months Ended
	Feb. 01, 2015
Segment Reporting [Abstract]
Number of operating segments	10

Business And Geographic Segment Information (Schedule Of Segment Reporting - Net Sales) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 01, 2015	Jan. 26, 2014	Feb. 01, 2015	Jan. 26, 2014
Segment Reporting Information [Line Items]
Net sales	$ 2,234	$ 2,281	$ 4,489	$ 4,446
U.S. Simple Meals [Member]
Segment Reporting Information [Line Items]
Net sales	867	894	1,795	1,754
Global Baking And Snacking [Member]
Segment Reporting Information [Line Items]
Net sales	640	639	1,267	1,248
International Simple Meals And Beverages [Member]
Segment Reporting Information [Line Items]
Net sales	194	213	383	406
U.S. Beverages [Member]
Segment Reporting Information [Line Items]
Net sales	169	176	337	349
Bolthouse and Foodservice [Member]
Segment Reporting Information [Line Items]
Net sales	$ 364	$ 359	$ 707	$ 689

Business And Geographic Segment Information (Schedule Of Segment Reporting - Earnings Before Interest And Taxes) (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

12 Months Ended

Feb. 01, 2015

Jan. 26, 2014

Feb. 01, 2015

Jan. 26, 2014

Aug. 03, 2014

Jul. 28, 2013

2013 Initiatives [Member] | Cost Of Products Sold [Member]

$ 312

$ 361

$ 680

$ 666

Restructuring and Related Cost, Incurred Cost

$ 3

$ 91

U.S. Simple Meals [Member]

Global Baking And Snacking [Member]

170

214

412

425

International Simple Meals And Beverages [Member]

107

197

166

U.S. Beverages [Member]

Bolthouse and Foodservice [Member]

Corporate, Non-Segment [Member]

Corporate, Non-Segment [Member] | Foreign Exchange Contract [Member]

^[1]

(37)

(33)

(65)

(69)

Restructuring Charges [Member]

Derivatives (Gain) Loss

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[2]

$ 0

$ (13)

$ 0

$ (34)

[1]	Represents unallocated corporate expenses. Restructuring-related costs of $2 and a loss of $9 on foreign exchange forward contracts related to the sale of the European simple meals business were included in the six-month period ended January 26, 2014.
[2]	See Note 8 for additional information.

Business And Geographic Segment Information (Additional Product Information For Net Sales) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 01, 2015	Jan. 26, 2014	Feb. 01, 2015	Jan. 26, 2014
Segment Reporting Information [Line Items]
Net sales	$ 2,234	$ 2,281	$ 4,489	$ 4,446
Simple Meals [Member]
Segment Reporting Information [Line Items]
Net sales	1,290	1,329	2,601	2,563
Baked Snacks [Member]
Segment Reporting Information [Line Items]
Net sales	669	670	1,332	1,315
Beverages [Member]
Segment Reporting Information [Line Items]
Net sales	$ 275	$ 282	$ 556	$ 568

Restructuring Charges (Narrative) (Details) $ / shares in Units, $ in Millions	6 Months Ended		12 Months Ended		18 Months Ended	30 Months Ended
	Feb. 01, 2015 USD ($)	Jan. 26, 2014 USD ($) $ / shares	Aug. 03, 2014 USD ($) $ / shares	Jul. 28, 2013 USD ($) $ / shares	Feb. 01, 2015 USD ($)	Feb. 01, 2015 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 0	$ 34
2014 Initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Number of Positions Eliminated					85
Restructuring charges		33	$ 54
Restructuring charges, after tax		$ 18	$ 33
Restructuring charges, Per Diluted Share \| $ / shares		$ 0.06	$ 0.10
Restructuring and Related Cost, Expected Cost	56				$ 56	$ 56
Expected cash expenditures					43
Expected investment in capital expenditures					6
Payments for (Proceeds from) Productive Assets					1
Restructuring and Related Cost, Expected Cost Remaining	2				$ 2	2
2014 Initiatives [Member] \| North America and Asia Pacific [Member]
Restructuring Cost and Reserve [Line Items]
Positions eliminated					250
2014 Initiatives [Member] \| CHINA
Restructuring Cost and Reserve [Line Items]
Positions eliminated					100
2014 Initiatives [Member] \| Australia [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Number of Positions Eliminated					90
2014 Initiatives [Member] \| U.S. Simple Meals [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost Remaining	1				$ 1	1
2014 Initiatives [Member] \| Global Baking And Snacking [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost Remaining	1				1	1
2013 Initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges		$ 1	$ 1	$ 51
Restructuring charges and related costs, after tax		$ 2	$ 3	$ 90
Restructuring charges, Per Diluted Share \| $ / shares		$ 0.01	$ 0.01	$ 0.28
Restructuring and Related Cost, Expected Cost	148				148	148
Expected cash expenditures					46
Expected investment in capital expenditures						31
Payments for (Proceeds from) Productive Assets						29
Restructuring and Related Cost, Expected Cost Remaining	2				2	$ 2
2013 Initiatives [Member] \| Sacramento, CA [Member]
Restructuring Cost and Reserve [Line Items]
Positions eliminated						700
2013 Initiatives [Member] \| South Plainfield, NJ [Member]
Restructuring Cost and Reserve [Line Items]
Positions eliminated						27
2013 Initiatives [Member] \| MEXICO
Restructuring Cost and Reserve [Line Items]
Positions eliminated						260
2013 Initiatives [Member] \| UNITED STATES
Restructuring Cost and Reserve [Line Items]
Positions eliminated						70
2013 Initiatives [Member] \| Global Baking And Snacking [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost Remaining	$ 2				$ 2	$ 2
2013 Initiatives [Member] \| Pepperidge Farm Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Positions eliminated						110
Cost Of Products Sold [Member] \| 2013 Initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost		$ 2	$ 3	$ 91

Restructuring Charges (Schedule Of Pre-Tax Charges And Remaining Costs) (Details) $ in Millions	Feb. 01, 2015 USD ($)
2014 Initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	$ 56
Restructuring and Related Cost, Cost Incurred to Date	(54)
Restructuring and Related Cost, Expected Cost Remaining	2
2014 Initiatives [Member] \| Severance Pay And Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	42
Restructuring and Related Cost, Cost Incurred to Date	(41)
Restructuring and Related Cost, Expected Cost Remaining	1
2014 Initiatives [Member] \| Asset Impairment Accelerated Depreciation [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	12
Restructuring and Related Cost, Cost Incurred to Date	(12)
Restructuring and Related Cost, Expected Cost Remaining	0
2014 Initiatives [Member] \| Other Restructuring [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	2
Restructuring and Related Cost, Cost Incurred to Date	(1)
Restructuring and Related Cost, Expected Cost Remaining	1
2013 Initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	148
Restructuring and Related Cost, Cost Incurred to Date	(146)
Restructuring and Related Cost, Expected Cost Remaining	2
2013 Initiatives [Member] \| Severance Pay And Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	35
Restructuring and Related Cost, Cost Incurred to Date	(35)
Restructuring and Related Cost, Expected Cost Remaining	0
2013 Initiatives [Member] \| Asset Impairment Accelerated Depreciation [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	99
Restructuring and Related Cost, Cost Incurred to Date	(99)
Restructuring and Related Cost, Expected Cost Remaining	0
2013 Initiatives [Member] \| Other Restructuring [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	14
Restructuring and Related Cost, Cost Incurred to Date	(12)
Restructuring and Related Cost, Expected Cost Remaining	$ 2

Restructuring Charges (Schedule Of Restructuring Activity And Related Reserves) (Details) - Severance Pay And Benefits [Member] $ in Millions	6 Months Ended
	Feb. 01, 2015 USD ($)
2014 Initiatives [Member]
Restructuring Reserve [Roll Forward]
Accrued Balance at beginning of period	$ 28
Restructuring and Related Cost, Incurred Cost	0
Cash Payments	(13)
Restructuring Reserve, Translation Adjustment	(2)
Accrued Balance at end of period	13
2013 Initiatives [Member]
Restructuring Reserve [Roll Forward]
Accrued Balance at beginning of period	3
Restructuring and Related Cost, Incurred Cost	0
Cash Payments	(2)
Accrued Balance at end of period	$ 1

Earnings Per Share (Narrative) (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Feb. 01, 2015	Jan. 26, 2014	Feb. 01, 2015	Jan. 26, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options not included in the diluted earnings per share calculation as they were antidilutive	0	0	0	0

Noncontrolling Interests (Details) - USD ($) $ in Millions	3 Months Ended
Noncontrolling Interests (Details) - USD ($) $ in Millions	Jan. 26, 2014	Feb. 01, 2015
CHINA
Noncontrolling Interest [Line Items]
Controlling interest in a company		60.00%
Malaysia [Member]
Noncontrolling Interest [Line Items]
Controlling interest in a company		70.00%
Noncontrolling Interests [Member]
Noncontrolling Interest [Line Items]
Restructuring charges, after tax	$ 5

Pension And Postretirement Benefits (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Feb. 01, 2015	Jan. 26, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Pension Contributions	$ 2	$ 44
U.S. Pension Plan, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Pension Contributions, Expected in Current Fiscal Year	0
Non-U.S. Pension Plan, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Pension Contributions	2
Pension Contributions, Remainder of Current Fiscal Year	$ 2

Pension And Postretirement Benefits (Schedule Of Components of Benefit Expense) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 01, 2015	Jan. 26, 2014	Feb. 01, 2015	Jan. 26, 2014
Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 7	$ 10	$ 14	$ 21
Interest cost	26	29	53	58
Expected return on plan assets	(43)	(44)	(87)	(89)
Amortization of prior service cost	0	0	0	0
Recognized net actuarial loss	21	19	42	38
Net periodic benefit expense	11	14	22	28
Other Postretirement Benefit Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	1	0	1	1
Interest cost	4	5	8	9
Expected return on plan assets	0	0	0	0
Amortization of prior service cost	(1)	(1)	(1)	(1)
Recognized net actuarial loss	3	4	6	7
Net periodic benefit expense	$ 7	$ 8	$ 14	$ 16

Financial Instruments (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Feb. 01, 2015	Aug. 03, 2014
Derivatives, Fair Value [Line Items]
Entity Wide Revenue, Major Customer, Percentage Of Net Sales		19.00%
Margin Deposit Assets	$ 24	$ 14
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	$ 7
Cash Flow Hedge Ineffectiveness is Immaterial	The ineffective portion and amount excluded from effectiveness testing were not material.
Foreign Exchange Contract [Member] \| Cash Flow Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	$ 45	58
Currency Swap [Member]
Derivatives, Fair Value [Line Items]
Derivative, Lower Remaining Maturity Range	6 months
Derivative, Higher Remaining Maturity Range	30 months
Interest Rate Contract [Member] \| Cash Flow Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	$ 550	250
Interest Rate Contract [Member] \| Derivative, Related to Expected Debt Issuance In 2015 [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	250
Interest Rate Contract [Member] \| Derivative, Related to Expected Debt Issuance in 2018 [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	300
Commodity Derivative Contracts [Member] \| Cash Flow Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	0	0
Derivatives Not Designated As Hedges [Member] \| Foreign Exchange Contract [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	419	561
Derivatives Not Designated As Hedges [Member] \| Commodity Derivative Contracts [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	101	146
Derivatives Not Designated As Hedges [Member] \| Deferred Compensation Derivative Contracts [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	$ 56	$ 56
Maximum [Member] \| Foreign Exchange Contract [Member]
Derivatives, Fair Value [Line Items]
Derivative, Term of Contract	18 months
Maximum [Member] \| Commodity Derivative Contracts [Member]
Derivatives, Fair Value [Line Items]
Derivative, Term of Contract	18 months
Maximum [Member] \| Deferred Compensation Derivative Contracts [Member]
Derivatives, Fair Value [Line Items]
Derivative, Term of Contract	12 months

Financial Instruments (Schedule Of The Fair Value Of Derivative Instruments) (Details) - USD ($) $ in Millions	Feb. 01, 2015	Aug. 03, 2014
Derivatives, Fair Value [Line Items]
Asset Derivatives	$ 54	$ 15
Liability Derivatives	61	23
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	3	12
Liability Derivatives	38	1
Designated as Hedging Instrument [Member] \| Foreign Exchange Forward Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	3	1
Designated as Hedging Instrument [Member] \| Foreign Exchange Forward Contracts [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	0	1
Designated as Hedging Instrument [Member] \| Interest Rate Contract [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	0	11
Designated as Hedging Instrument [Member] \| Interest Rate Contract [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	15	0
Designated as Hedging Instrument [Member] \| Interest Rate Contract [Member] \| Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	23	0
Derivatives Not Designated As Hedges [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	51	3
Liability Derivatives	23	22
Derivatives Not Designated As Hedges [Member] \| Foreign Exchange Forward Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	10	1
Derivatives Not Designated As Hedges [Member] \| Foreign Exchange Forward Contracts [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	2	2
Derivatives Not Designated As Hedges [Member] \| Commodity Derivative Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	0	2
Derivatives Not Designated As Hedges [Member] \| Commodity Derivative Contracts [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	20	10
Derivatives Not Designated As Hedges [Member] \| Commodity Derivative Contracts [Member] \| Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	0	1
Derivatives Not Designated As Hedges [Member] \| Currency Swap [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	4	0
Derivatives Not Designated As Hedges [Member] \| Currency Swap [Member] \| Other Assets [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	36	0
Derivatives Not Designated As Hedges [Member] \| Currency Swap [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	0	1
Derivatives Not Designated As Hedges [Member] \| Currency Swap [Member] \| Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	0	5
Derivatives Not Designated As Hedges [Member] \| Deferred Compensation Derivative Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives	1	0
Derivatives Not Designated As Hedges [Member] \| Deferred Compensation Derivative Contracts [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives	$ 1	$ 3

Financial Instruments (Offsetting Assets and Liabilities) (Details) - USD ($) $ in Millions	Feb. 01, 2015	Aug. 03, 2014
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Derivative Asset, Fair Value, Gross Asset	$ 54	$ 15
Derivative, Collateral, Obligation to Return Securities or Cash	(40)	(4)
Derivative Asset, Fair Value, Amount Offset Against Collateral	14	11
Derivative Liability, Fair Value, Gross Liability	61	23
Derivative, Collateral, Right to Reclaim Securities or Cash	(40)	(4)
Derivative Liability, Fair Value, Amount Offset Against Collateral	$ 21	$ 19

Financial Instruments (Schedule Of Changes In Cash Flow Hedges In Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 01, 2015	Jan. 26, 2014	Feb. 01, 2015	Jan. 26, 2014
Derivative Instruments, Gain (Loss) [Line Items]
OCI derivative gain/(loss) at beginning of year	$ (4)	$ 5	$ (4)	$ 8
Reclassification adjustment for (gains) losses included in net earnings, before tax	0	0	1	0
OCI derivative gain/(loss) at end of period	(36)	9	(36)	9
Foreign Exchange Forward Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative instruments gain (loss) recognized in OCI	10	2	13	3
Foreign Exchange Forward Contracts [Member] \| Cost Of Products Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment for (gains) losses included in net earnings, before tax	0	0	0	(1)
Foreign Exchange Forward Contracts [Member] \| Other Expenses Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment for (gains) losses included in net earnings, before tax	(1)	(1)	(1)	(1)
Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative instruments gain (loss) recognized in OCI	(42)	2	(46)	(2)
Interest Rate Contract [Member] \| Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification adjustment for (gains) losses included in net earnings, before tax	$ 1	$ 1	$ 2	$ 2

Financial Instruments (Derivatives Designated As Fair-Value Hedges) (Details) - Interest Expense [Member] - Interest Rate Swap [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 01, 2015	Jan. 26, 2014	Feb. 01, 2015	Jan. 26, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Earnings on Derivatives	$ 0	$ 0	$ 0	$ (1)
Amount of Gain or (Loss) Recognized in Earnings on Hedged Items	$ 0	$ 0	$ 0	$ 1

Financial Instruments (Derivatives Not Designated As Hedges) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 01, 2015	Jan. 26, 2014	Feb. 01, 2015	Jan. 26, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Earnings on Derivatives	$ 25	$ 31	$ 37	$ 13
Foreign Exchange Forward Contracts [Member] \| Cost Of Products Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Earnings on Derivatives	(1)	3	0	5
Foreign Exchange Forward Contracts [Member] \| Other Expenses Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Earnings on Derivatives	0	2	0	(12)
Currency Swap [Member] \| Other Expenses Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Earnings on Derivatives	38	24	52	21
Commodity Derivative Contracts [Member] \| Cost Of Products Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Earnings on Derivatives	(13)	2	(18)	0
Deferred Compensation Derivative Contracts [Member] \| Administrative Expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Earnings on Derivatives	$ 1	$ 0	$ 3	$ (1)

Fair Value Measurements Fair Value Measurements Narrative (Details) - USD ($) $ in Millions	Feb. 01, 2015	Aug. 03, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, at Carrying Value	$ 42	$ 46
Long-term Debt	2,263	2,544
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	42	46
Long-term Debt, Fair Value	$ 2,397	$ 2,647

Fair Value Measurements (Fair Value Measurement Of Assets And Liabilities) (Details) - Measured On Recurring Basis [Member] - USD ($)
$ in Millions

Feb. 01, 2015

Aug. 03, 2014

$ 54

$ 15

Fair Value, Inputs, Level 1 [Member]

192

146

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Inputs, Level 2 [Member]

151

134

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Interest Rate Contract [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[1]

Interest Rate Contract [Member] | Fair Value, Inputs, Level 2 [Member]

^[1]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[1]

Foreign Exchange Forward Contracts [Member]

^[1]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[2]

Foreign Exchange Forward Contracts [Member] | Fair Value, Inputs, Level 2 [Member]

^[2]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[2]

Commodity Derivative Contracts [Member]

^[2]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[3]

Commodity Derivative Contracts [Member] | Fair Value, Inputs, Level 1 [Member]

^[3]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[3]

Commodity Derivative Contracts [Member] | Fair Value, Inputs, Level 2 [Member]

^[3]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[3]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[3]

Currency Swap [Member]

^[4]

Currency Swap [Member] | Fair Value, Inputs, Level 2 [Member]

^[4]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[4]

Deferred Compensation Derivative Contracts [Member]

^[4]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[5]

Deferred Compensation Derivative Contracts [Member] | Fair Value, Inputs, Level 2 [Member]

^[5]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[5]

Deferred Compensation Obligation [Member]

^[5]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Deferred Compensation Obligation [Member] | Fair Value, Inputs, Level 1 [Member]

^[6]

131

123

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]