SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
|Date of Earliest Event Reported||Commission File Number|
|November 20, 2002||1-3822|
|State of Incorporation||I.R.S. Employer Identification No|
Camden, New Jersey 08103-1799
Principal Executive Offices
Telephone Number: (856) 342-4800
Item 5 Other Events and Regulation FD Disclosure
On November 20, 2002, Campbell Soup Company received a Notice of Proposed Adjustment from the Internal Revenue Service challenging the treatment of gains and interest deductions from transactions involving government securities. If the proposed adjustment were upheld, it would require the Company to pay a net amount of $79 million in taxes and accumulated interest to date. The Company believes these transactions were properly reported on its federal income tax return in accordance with applicable tax laws and regulations in effect during the periods involved and intends to challenge these adjustments vigorously. While the outcome of proceedings of this type cannot be predicted with certainty, the Company believes that the ultimate outcome of this matter will not have a material impact on the Companys financial condition or results of operation.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|CAMPBELL SOUP COMPANY|
|Date: November 21, 2002||By:||/s/ Robert A. Schiffner|
Senior Vice President and Chief Financial Officer