Sara Lee 2013 Annual Report Download - page 6

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FINANCIAL HIGHLIGHTS
4The Hillshire Brands Company
In millions except per share data 2013 2012 % Change
Continuing operations
ADJUSTED NET SALES
Retail $2,894 $2,884 0.3fi
Foodservice/Other 1,026 1,025 0.1
Intersegment – (6)
Total adjusted net sales1$3,920 $3,903 0.4fi
ADJUSTED OPERATING INCOME (LOSS)
Retail $÷«329 $÷«313 5.5fi
Foodservice/Other 75 79 (5.0)
Operating segment income 404 392 3.4fi
General corporate expenses (36) (64)
Mark-to-market derivatives gains/(losses) (1) (1)
Amortization of trademarks and intangibles (4) (4)
Total adjusted operating income1$÷«363 $÷«323 12.5fi
Adjusted diluted earnings per share $÷1.72 $÷1.45 18.6fi
1 Adjusted amounts are non-GAAP financial measures. See detailed explanation of non-GAAP measures
in the Financial Review.
In millions
ADJUSTED
OPERATING
INCOME
2012 2013
323
363
In dollars
ADJUSTED
DILUTED EARNINGS
PER SHARE
2012 2013
1.45
1.72