Campbell Soup Company Annual Report Consolidated Balance Sheets millions except

Campbell Soup Company Annual Report 2003 Consolidated Balance Sheets (millions, except per share amounts) August 3, 2003 Current Assets Cash and cash equivalents Accounts receivable (Note 11) Inventories (Note 12) Other current assets (Note 13) Total current assets Plant Assets, Net of Depreciation (Note 14) Goodwill (Note 3) Other Intangible Assets, Net of Amortization (Note 3) Other Assets (Note 15) Total assets Current Liabilities Notes payable (Note 16) Payable to suppliers and others Accrued liabilities Dividend payable Accrued income taxes Total current liabilities Long-term Debt (Note 16) Nonpension Postretirement Benefits (Note 9) Other Liabilities (Note 17) Total liabilities Shareowners’ Equity (Deficit) (Note 19) Preferred stock; authorized 40 shares; none issued Capital stock, $.0375 par value; authorized 560 shares; issued 542 shares Additional paid-in capital Earnings retained in the business Capital stock in treasury, 132 shares in 2003 and 2002, at cost Accumulated other comprehensive loss Total shareowners’ equity (deficit) Total liabilities and shareowners’ equity (deficit) See accompanying Notes to Consolidated Financial Statements. July 28, 2002 $ 21 417 638 123 1,199 1,684 1,581 953 304 $ 5,721 $ 1,196 612 572 65 233 2,678 2,449 319 389 5,835 — 20 320 4,918 (4,891) (481) (114) $ 5,721 $ 32 413 709 136 1,290 1,843 1,803 1,018 251 $ 6,205 $ 1,279 620 602 65 217 2,783 2,249 304 482 5,818 — 20 298 5,254 (4,869) (316) 387 $ 6,205 31

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