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FAIR VALUE MEASUREMENTS Fair Value Measurements (Tables) | 12 Months Ended
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Apr. 29, 2012
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 April 29, 2012 and May 1, 2011:
|  | April 29, 2012 |  | 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 |  | $ | 52.0 |  |  | $ | 1.3 |  |  | $ | — |  |  | $ | 53.3 |  |  | $ | 45.2 |  |  | $ | 34.6 |  |  | $ | — |  |  | $ | 79.8 |
Foreign exchange contracts |  | — |  |  | 4.3 |  |  | — |  |  | 4.3 |  |  | — |  |  | 0.5 |  |  | — |  |  | 0.5 |
Open-ended mutual funds |  | 12.2 |  |  | — |  |  | — |  |  | 12.2 |  |  | 17.4 |  |  | — |  |  | — |  |  | 17.4 |
Insurance contracts |  | — |  |  | 51.3 |  |  | — |  |  | 51.3 |  |  | — |  |  | 49.4 |  |  | — |  |  | 49.4 |
Total |  | $ | 64.2 |  |  | $ | 56.9 |  |  | $ | — |  |  | $ | 121.1 |  |  | $ | 62.6 |  |  | $ | 84.5 |  |  | $ | — |  |  | $ | 147.1 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commodity contracts |  | $ | — |  |  | $ | 8.6 |  |  | $ | — |  |  | $ | 8.6 |  |  | $ | 16.8 |  |  | $ | — |  |  | $ | — |  |  | $ | 16.8 |
Interest rate contracts |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2.3 |  |  | — |  |  | 2.3 |
Foreign exchange contracts |  | — |  |  | 0.7 |  |  | — |  |  | 0.7 |  |  | — |  |  | 1.9 |  |  | — |  |  | 1.9 |
Total |  | $ | — |  |  | $ | 9.3 |  |  | $ | — |  |  | $ | 9.3 |  |  | $ | 16.8 |  |  | $ | 4.2 |  |  | $ | — |  |  | $ | 21.0 |
Schedule of Fair Value, Pension Plan Asset [Table Text Block] | The following table summarizes our pension plan assets measured at fair value on a recurring basis (at least annually) as of April 29, 2012 and May 1, 2011:
|  | April 29, 2012 |  | May 1, 2011
|  | Level 1 |  | Level 2 |  | Level 3 |  | Total |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
|  | (in millions) |  | (in millions)
Cash and cash equivalents |  | $ | 22.4 |  |  | $ | — |  |  | $ | — |  |  | $ | 22.4 |  |  | $ | 3.0 |  |  | $ | 87.5 |  |  | $ | — |  |  | $ | 90.5 |
Equity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Preferred stock |  | — |  |  | 0.5 |  |  | — |  |  | 0.5 |  |  | — |  |  | 0.3 |  |  | — |  |  | 0.3 |
U.S. common stock: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Health care |  | 22.7 |  |  | — |  |  | — |  |  | 22.7 |  |  | 32.0 |  |  | — |  |  | — |  |  | 32.0 |
Utilities |  | — |  |  | — |  |  | — |  |  | — |  |  | 3.8 |  |  | — |  |  | — |  |  | 3.8 |
Financial |  | 16.6 |  |  | — |  |  | — |  |  | 16.6 |  |  | 41.0 |  |  | — |  |  | — |  |  | 41.0 |
Consumer staples |  | 102.4 |  |  | — |  |  | — |  |  | 102.4 |  |  | 128.1 |  |  | — |  |  | — |  |  | 128.1 |
Consumer discretionary |  | 23.0 |  |  | — |  |  | — |  |  | 23.0 |  |  | 32.3 |  |  | — |  |  | — |  |  | 32.3 |
Materials |  | 6.3 |  |  | — |  |  | — |  |  | 6.3 |  |  | 14.6 |  |  | — |  |  | — |  |  | 14.6 |
Energy |  | 11.4 |  |  | — |  |  | — |  |  | 11.4 |  |  | 30.0 |  |  | — |  |  | — |  |  | 30.0 |
Information technology |  | 31.4 |  |  | — |  |  | — |  |  | 31.4 |  |  | 34.2 |  |  | — |  |  | — |  |  | 34.2 |
Industrials |  | 9.4 |  |  | — |  |  | — |  |  | 9.4 |  |  | 38.5 |  |  | — |  |  | — |  |  | 38.5 |
Telecommunication service |  | 9.5 |  |  | — |  |  | — |  |  | 9.5 |  |  | 2.1 |  |  | — |  |  | — |  |  | 2.1 |
International common stock |  | 103.6 |  |  | — |  |  | — |  |  | 103.6 |  |  | 23.0 |  |  | — |  |  | — |  |  | 23.0 |
Mutual funds: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
International |  | — |  |  | 30.1 |  |  | — |  |  | 30.1 |  |  | 42.9 |  |  | 45.0 |  |  | — |  |  | 87.9 |
Domestic small cap |  | — |  |  | 19.8 |  |  | — |  |  | 19.8 |  |  | — |  |  | — |  |  | — |  |  | — |
Domestic large cap |  | — |  |  | 2.5 |  |  | — |  |  | 2.5 |  |  | — |  |  | 70.0 |  |  | — |  |  | 70.0 |
Balanced |  | — |  |  | 37.8 |  |  | — |  |  | 37.8 |  |  | 32.7 |  |  | — |  |  | — |  |  | 32.7 |
Fixed income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mutual funds |  | — |  |  | 11.3 |  |  | — |  |  | 11.3 |  |  | 108.9 |  |  | 1.5 |  |  | — |  |  | 110.4 |
Asset-backed securities |  | — |  |  | 92.0 |  |  | — |  |  | 92.0 |  |  | — |  |  | 69.5 |  |  | — |  |  | 69.5 |
Corporate debt securities |  | — |  |  | 285.5 |  |  | — |  |  | 285.5 |  |  | — |  |  | 44.4 |  |  | — |  |  | 44.4 |
Government debt securities |  | — |  |  | 106.4 |  |  | — |  |  | 106.4 |  |  | 32.9 |  |  | 9.4 |  |  | — |  |  | 42.3 |
Limited partnerships |  | — |  |  | — |  |  | 75.0 |  |  | 75.0 |  |  | — |  |  | — |  |  | 33.6 |  |  | 33.6 |
Insurance contracts |  | — |  |  | — |  |  | 1.6 |  |  | 1.6 |  |  | — |  |  | — |  |  | 1.8 |  |  | 1.8 |
Total fair value |  | $ | 358.7 |  |  | $ | 585.9 |  |  | $ | 76.6 |  |  | 1,021.2 |  |  | $ | 600.0 |  |  | $ | 327.6 |  |  | $ | 35.4 |  |  | 963.0 |
Unsettled transactions, net |  |  |  |  |  |  |  | 2.3 |  |  |  |  |  |  |  |  |  |  |  | (6.6 | )
Total plan assets |  |  |  |  |  |  |  | $ | 1,023.5 |  |  |  |  |  |  |  |  |  |  |  | $ | 956.4 |
Schedule of Level Three Defined Benefit Plan Assets Roll Forward [Table Text Block] | The following table summarizes the changes in our Level 3 pension plan assets for the year-ended April 29, 2012 and May 1, 2011:
|  | Insurance Contracts |  | Limited Partnerships
|  | (in millions)
Balance, May 2, 2010 |  | $ | 1.8 |  |  | $ | 29.2 |
Actual return on plan assets: |  |  |  |
Related to assets held at the reporting date |  | — |  |  | 1.2 |
Related to assets sold during the period |  | — |  |  | 1.3 |
Purchases, sales and settlements, net |  | — |  |  | 1.9 |
Balance, May 1, 2011 |  | 1.8 |  |  | 33.6 |
Actual return on plan assets: |  |  |  |
Related to assets held at the reporting date |  | — |  |  | (2.7 | )
Related to assets sold during the period |  | — |  |  | 1.6 |
Purchases, sales and settlements, net |  | (0.2 | ) |  | 42.5 |
Balance, April 29, 2012 |  | $ | 1.6 |  |  | $ | 75.0 |
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 April 29, 2012 and May 1, 2011.
|  | April 29, 2012 |  | May 1, 2011
|  | Fair Value |  | Carrying Value |  | Fair Value |  | Carrying Value
|  | (in millions)
Total Debt |  | $ | 2,176.5 |  |  | $ | 1,937.3 |  |  | $ | 2,418.0 |  |  | $ | 2,094.7 |

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19190-110258 + Details
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- Definition Tabular disclosure of the change in defined benefit plan assets within level 3 of the fair value hierarchy. + References No definition available. + Details
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