Campbell Soup Company is the world’s leading maker and marketer of soup and sells other well-known brands of food in 160 countries. Presented here are the items listed on a simplified version of its recent balance sheet (dollars in millions) presented in alphabetical order:

Required:
Prepare a classified consolidated balance sheet for Campbell Soup for the current year (ended July 31) using the categories presented in the chapter.

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Accounts payable Accounts receivable Accrued expenses Cash and cash equivalents Common stock, $0.0375 par value Intangible assets Inventories $1,049 575 693 859 406 7,336 871 Other assets Other current assets Other current debt Other noncurrent liabilities Property, plant, and equipment, net Retained earnings $ 283 80 1,333 6,728 2,368 2,163