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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Oct. 30, 2011
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following tables set forth, by level within the fair value hierarchy, our non-pension financial assets and liabilities that were measured at fair value on a recurring basis as of October 30, 2011 and May 1, 2011:

 
 
October 30, 2011
 
May 1, 2011
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
(in millions)
 
(in millions)
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commodity contracts
 
$
12.0

 
$
9.4

 
$

 
$
21.4

 
$
45.2

 
$
34.6

 
$

 
$
79.8

Foreign exchange contracts
 

 
5.1

 

 
5.1

 

 
0.5

 

 
0.5

Insurance contracts
 
45.0

 

 

 
45.0

 
49.4

 

 

 
49.4

Total
 
$
57.0

 
$
14.5

 
$

 
$
71.5

 
$
94.6

 
$
35.1

 
$

 
$
129.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commodity contracts
 
$

 
$
0.1

 
$

 
$
0.1

 
$
16.8

 
$

 
$

 
$
16.8

Interest rate contracts
 

 

 

 

 

 
2.3

 

 
2.3

Foreign exchange contracts
 

 
4.4

 

 
4.4

 

 
1.9

 

 
1.9

Total
 
$

 
$
4.5

 
$

 
$
4.5

 
$
16.8

 
$
4.2

 
$

 
$
21.0

 
Fair Value and Carrying Value of Debt [Table Text Block]
The following table presents the fair value and carrying value of long-term debt, including the current portion of long-term debt as of October 30, 2011 and May 1, 2011.
 
 
October 30, 2011
 
May 1, 2011
 
 
Fair
Value
 
Carrying Value
 
Fair
Value
 
Carrying Value
 
 
(in millions)
Long-term debt, including current portion
 
$
2,461.4

 
$
2,135.9

 
$
2,418.0

 
$
2,094.7