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INVESTMENTS (Tables)
6 Months Ended
Oct. 30, 2011
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments [Table Text Block]
Investments consist of the following:
Equity Investment
 
% Owned
 
October 30,
2011
 
May 1,
2011
 
 
 
 
(in millions)
Campofrío Food Group (CFG)
 
37%
 
$
419.1

 
$
445.1

Mexican joint ventures
 
50%
 
100.1

 
110.2

Other
 
Various
 
27.3

 
27.2

Total investments
 
 
 
$
546.5

 
$
582.5

 
Schedule of Equity in (Income) Loss of Equity Method Investments [Table Text Block]
Equity in income of affiliates consists of the following:
 
 
 
 
Three Months Ended
 
Six Months Ended
Equity Investment
 
Segment
 
October 30,
2011
 
October 31,
2010
 
October 30,
2011
 
October 31,
2010
 
 
 
 
(in millions)
 
(in millions)
CFG (1)
 
International
 
$
(4.0
)
 
$
(7.7
)
 
$
(4.2
)
 
$
(10.9
)
Mexican joint ventures
 
International
 
(1.9
)
 
(10.9
)
 
(4.9
)
 
(15.8
)
All other equity method investments
 
Various
 

 
0.4

 
(1.6
)
 
(2.4
)
Equity in income of affiliates
 
 
 
$
(5.9
)
 
$
(18.2
)
 
$
(10.7
)
 
$
(29.1
)
——————————————
(1) 
CFG prepares its financial statements in accordance with International Financial Reporting Standards. Our share of CFG’s results reflects U.S. GAAP adjustments and thus, there may be differences between the amounts we report for CFG and the amounts reported by CFG.