Mead Johnson raises FY14 EPS view to $3.60-$3.72 from $3.50-$3.62 Consensus $3.62. In the first quarter of 2014, MJN adopted mark-to-market accounting for all of its defined benefit pension and other post-employment benefit plans. Of the expected 10c increase in earnings per share, approximately two-thirds is attributed to the New Pension Accounting with the remainder the result of stronger anticipated operational performance. To provide a better view of underlying operational performance, pension MTM actuarial gains or losses will be treated as a Specified Item. The company now anticipates constant dollar sales growth of approximately 8% for the full year 2014, up from 7% in its prior guidance, consensus $4.44B.