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PENSION AND OTHER RETIREMENT PLANS Pension and Other Retirement Plans (Tables) | 12 Months Ended
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Apr. 29, 2012
PENSION AND OTHER RETIREMENT PLANS [Abstract] |
Schedule of Defined Benefit Plans Disclosures [Table Text Block] | The following table presents a reconciliation of the pension benefit obligation, plan assets and the funded status of these pension plans.
|  | April 29, 2012 |  | May 1, 2011
|  | (in millions)
Change in benefit obligation: |  |  |  |
Benefit obligation at beginning of year |  | $ | 1,329.9 |  |  | $ | 1,283.9 |
Service cost |  | 37.4 |  |  | 37.0 |
Interest cost |  | 75.9 |  |  | 74.9 |
Benefits paid |  | (63.2 | ) |  | (69.3 | )
Actuarial loss |  | 229.1 |  |  | 1.0 |
Other |  | 1.5 |  |  | 2.4 |
Benefit obligation at end of year |  | 1,610.6 |  |  | 1,329.9 |
Change in plan assets: (1) |  |  |  |  |
Fair value of plan assets at beginning of year |  | 956.4 |  |  | 788.7 |
Actual return on plan assets |  | (16.0 | ) |  | 125.8 |
Employer contributions |  | 142.8 |  |  | 95.1 |
Benefits paid |  | (59.7 | ) |  | (56.2 | )
Other |  | — |  |  | 3.0 |
Fair value of plan assets at end of year |  | 1,023.5 |  |  | 956.4 |
Funded status |  | $ | (587.1 | ) |  | $ | (373.5 | )
Amounts recognized in the consolidated balance sheet: |  |  |  |  |
Net long-term pension liability |  | $ | (581.9 | ) |  | $ | (369.6 | )
Accrued expenses and other current liabilities |  | (5.2 | ) |  | (4.5 | )
Other assets |  | — |  |  | 0.6 |
Net amount recognized at end of year |  | $ | (587.1 | ) |  | $ | (373.5 | )
——————————————
(1) | Excludes the assets and related activity of our non-qualified defined benefit pension plans. The fair value of assets related to our non-qualified plans was $107.1 million and $117.7 million as of April 29, 2012 and May 1, 2011, respectively. We made cash contributions of $33.4 million in fiscal 2011. In fiscal 2011, we also contributed company-owned life insurance policies with cash surrender values totaling $29.4 million on the date of contribution. We made no contributions to our non-qualified plans in fiscal 2012. Benefits paid for our non-qualified plans were $3.5 million and $13.1 million for fiscal 2012 and fiscal 2011, respectively.
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block] | The following table shows the pre-tax unrecognized items included as components of accumulated other comprehensive loss related to our defined benefit pension plans as of the dates indicated.
|  | April 29, 2012 |  | May 1, 2011
|  | (in millions)
Unrecognized actuarial loss |  | $ | (665.4 | ) |  | $ | (365.3 | )
Unrecognized prior service credit |  | 4.7 |  |  | 7.2 |
Schedule of Net Benefit Costs [Table Text Block] | The following table presents the components of the net periodic pension costs for the periods indicated:
|  | Fiscal Years
|  | 2012 |  | 2011 |  | 2010
|  | (in millions)
Service cost |  | $ | 37.4 |  |  | $ | 37.0 |  |  | $ | 22.6 |
Interest cost |  | 75.9 |  |  | 74.9 |  |  | 73.7 |
Expected return on plan assets |  | (79.6 | ) |  | (63.9 | ) |  | (49.3 | )
Net amortization |  | 23.5 |  |  | 34.0 |  |  | 20.3 |
Net periodic pension cost |  | $ | 57.2 |  |  | $ | 82.0 |  |  | $ | 67.3 |
Schedule of Assumptions Used [Table Text Block] | The following table shows our weighted-average assumptions for the periods indicated.
|  | Fiscal Years
|  | 2012 |  | 2011 |  | 2010
Discount rate to determine net periodic benefit cost |  | 5.85 | % |  | 6.00 | % |  | 8.25 | %
Discount rate to determine benefit obligation |  | 4.75 |  |  | 5.85 |  |  | 6.00 |
Expected long-term rate of return on plan assets |  | 7.75 |  |  | 8.00 |  |  | 8.25 |
Rate of compensation increase |  | 4.00 |  |  | 4.00 |  |  | 4.00 |
Schedule of Allocation of Plan Assets [Table Text Block] | The following table presents the fair value of our qualified pension plan assets by major asset category as of April 29, 2012 and May 1, 2011. The allocation of our pension plan assets is based on the target range presented in the following table.
|  | April 29, 2012 |  | May 1, 2011 |  | Target Range
Asset category: |  | (in millions) |  |
Cash and cash equivalents, net of unsettled transactions |  | $ | 24.7 |  |  | $ | 83.9 |  |  | 0-4%
Equity securities |  | 427.0 |  |  | 570.5 |  |  | 30-50%
Debt securities |  | 495.2 |  |  | 266.6 |  |  | 35-55%
Alternative assets |  | 76.6 |  |  | 35.4 |  |  | 5-20%
Total |  | $ | 1,023.5 |  |  | $ | 956.4 |  |  |
Schedule of Expected Benefit Payments [Table Text Block] | Expected future benefit payments for our defined benefit pension plans are as follows:
Fiscal Year |  | (in millions)
2013 |  | $ | 69.2 |
2014 |  | 72.3 |
2015 |  | 75.6 |
2016 |  | 79.5 |
2017 |  | 83.3 |
2018-2022 |  | 476.3 |
Schedule of Multiemployer Plans [Table Text Block] | The following table summarizes our contributions to multiemployer plans (1).
|  |  |  | Fiscal Years |  |
Plan |  | EIN / PN (2) |  | 2012 |  | 2011 |  | 2010 |  | Expiration Dates of Collective Bargaining Agreements
|  |  |  | (in millions) |  |
United Food and Commercial Workers International Union Industry Pension Fund |  | 51-6055922 / 001 |  | $ | 1.1 |  |  | $ | 1.4 |  |  | $ | 1.7 |  |  | Multiple (3)
Central Pension Fund of the International Union of Operating Engineers and Participating Employers |  | 36-6052390 / 001 |  | 0.2 |  |  | 0.2 |  |  | 0.2 |  |  | October 2013
IAM National Pension Fund National Pension Plan |  | 51-6031295 / 002 |  | 0.1 |  |  | 0.1 |  |  | 0.1 |  |  | February 2014
Total contributions to multiemployer plans |  |  |  | $ | 1.4 |  |  | $ | 1.7 |  |  | $ | 2.0 |  |  |
——————————————
(1) | Contributions represent the amounts we contributed to the plans during the fiscal periods ending in the specified year. Our contributions to each plan did not exceed 5% of total plan contributions for any plan year presented.
(2) | Represents the Employer Identification Number and the three-digit plan number assigned to a plan by the Internal Revenue Service.
(3) | We have multiple collective bargaining agreements associated with the United Food and Commercial Workers International Union Industry Pension Fund. These agreements are currently scheduled to expire in May 2012, December 2013, January 2014 and October 2015.

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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 158 -Paragraph 4, 7, 16, 20, 21 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2417-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=21916443&loc=d3e4179-114921 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 132R -Paragraph 5 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2410-114920 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2439-114920 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 132R -Paragraph 5, 6, 7 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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