Campbell Soup Co was organized as a business corporation under the laws of New Jersey on November 23, 1922. The Company together with its subsidiaries is engaged in manufacturing and marketing of branded convenience food products. The Company operates in segments based on product type and geographic location including; U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages; and Bolthouse and Foodservice. The U.S. Simple Meals segment includes products including condensed and ready-to-serve soups, broth and stocks, pasta sauces, gravies, pasta, beans and dinner sauces, canned poultry, Plum Organics food and snacks. The Global Baking and Snacking segment includes Pepperidge Farm cookies, crackers, bakery and frozen products in U.S. retail; Arnott's biscuits in Australia and Asia Pacific, and Kelsen cookies globally. The International Simple Meals and Beverages segment includes the retail business in Canada and the simple meals and beverages business in Asia Pacific, Latin America, and China. The U.S. Beverages segment includes the U.S. retail beverages business including V8 juices and beverages, and tomato juice products. The Bolthouse and Foodservice segment includes the Bolthouse Farms carrot products including fresh carrots, juice concentrate and fiber, super-premium refrigerated beverages and refrigerated salad dressings, and the North America Foodservice includes the distribution of products including soup, specialty entrées, beverage products, other prepared foods and Pepperidge Farm products through food service channels in the U.S. and Canada. The Company faces competition from multiple food and beverage categories, and includes producers of generic and private label products, as well as other branded food and beverage manufacturers. The Company is subject to regulation by various government agencies, including the Food and Drug Administration, the U.S. Department of Agriculture, the Federal Trade Commission, the Occupational Safety and Health Administration and the Environmental Protection Agency, as well as various state and local agencies.