Item 6. Selected Financial Data FIVE-YEAR REVIEW-CONSOLIDATED Fiscal Year 2014a)
ID: 2560660 • Letter: I
Question
Item 6. Selected Financial Data FIVE-YEAR REVIEW-CONSOLIDATED Fiscal Year 2014a) 2013(2) 2012() 201y@ 2010( Millions, except per share amounts) ummary of Operations Net sales Eanings before interest and taxes 1,192.080 1.155 1.212 1.272 749 53 802 805 Earnings from continuing operations 726 791 680 81 (231) 449 458 724 40 764 774 807 844 et carnings Net earnings attributable to Campbell Soup Company Financial Position Plant assets-net. 818 844 Total debt Per Share Data Earnings from continuing operations attributable to Campbell Soup Earnings from continuing operations attributable to Campbell Soup 1.46 2.44 Net earnings attributable to Campbell Soup Company-basic… … … Net eaings attributable to Campbell Soup Company - assuming 2.61 2.43 2.44 dilution Dividends declared Other Statistics 2.59442.4 2.42 2.42 1.248 1.16 1.16 1.145 1.075 Weighted average shares outstanding basic Weighted average shares outstanding - assuming dilution, . . .. . . . . . . .316 314314 317 326 340 317 319 329 343 (All per share amounts below are on a diluted basis) The 2014 fiscal year consisted of 53 weeks. All other periods had 52 weeks. The 2014 camings from continn operations attributable to CampbeSoup Company were impacted by the following: a restructuring charge and related costs of $36 million (S.11 per share) associated with restructuring initiatives in 2014 and 2013: pension settlement charges of $14 million (S.04 per share) associated with a U.S. pension plan: a loss of $6 million ($.02 per share) on foreign exchange forward contracts used to hedge the proceeds from the sale of the European simple meals business; and $7 million ($.02 per sharetax expense associated with the sale of the European simple meals business. Earnings from discontinued operations included a gain of $72 million (S.23 per share) on the sale of the Europcan simple mcals business. The 2013 earnings from continuing operations attributable to Campbell Soup Company were impacted by the following: a restructuring charge and related costs of $90 milion ($.28 per share) assoeiated with restructuring initiatives in 2013 and $7 million (S.02 per share) of transaction costs related to the acquisition of Bolthouse Farms. Earnings from discontinued operations were impacted by an impairment charge on the intangible assets of the simple meals business in Europe of $263 million (S.83 per share) and tax expense of S18 million ($.06 per share) representing taxes on the difference between the book valuc and tax basis of the business. The 2012 eamings from continuing operations attributable to Campbell Soup Company were impacted by the following: a restructuring charge of $4 mlon ($.01 per share) associated with the 201 initiatives and $3 milion ($.01 per share) of transaction costs related to the acquisition of Bolthouse Farms. Earnings from discontinued operations included a restructuring charoe of $2 million (S.01 ner share assciated with the 2011 initiatives. The 2011 eamings from continuing operations attributable to Campbell Soup Company were impacted by a restructuring charge of $39 million (S.12 per share) associated with initiatives announced in Junc 2011. Eanings from discontinued operations included a restructuring charge of S2 million associated with the initiatives. The 2010angs from conini os attributable to Campbell Soup Company werempacted by the following: a restructuring charge of $8 million ($.02 per share) for pension benefit costs associated with the 2008 initiatives and $10 million ($.03 per share) to reduce deferred tax assets as a result of the U.S. health care legislation enacted in March 2010 Five-Year Review should be read in conjunction with the Notes to Consolidated Financial Statements.Explanation / Answer
Opertaing income per employee= Earning before income and tax/No of employees
=(1192*10^6)/19400
=61443
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