DEBT	3 Months Ended
Jul. 29, 2012
Debt Disclosure [Abstract]
DEBT	DEBT In the first quarter of fiscal 2013, we reclassified our outstanding 7.75% senior unsecured notes due May 2013 totaling $160.0 million (2013 Notes) and our outstanding 4% senior unsecured convertible notes due June 2013 totaling $378.7 million, net of unamortized discounts of $21.3 million, from long-term debt and capital lease obligations to current portion of long-term debt and capital lease obligations on the consolidated condensed balance sheet. Working Capital Facilities As of July 29, 2012, we had aggregate credit facilities and credit lines totaling $1.3 billion, including an inventory-based revolving credit facility totaling $925.0 million (the Inventory Revolver), an accounts receivable securitization facility totaling $275.0 million (the Securitization Facility) and international credit facilities totaling $99.0 million. Our unused capacity under these credit facilities and credit lines was $1.1 billion. As part of the Securitization Facility agreement, all accounts receivable of our major Pork segment subsidiaries are sold to a wholly-owned “bankruptcy remote” special purpose vehicle (SPV). The SPV pledges the receivables as security for loans and letters of credit. The SPV is included in our consolidated financial statements and therefore, the accounts receivable owned by it are included in our consolidated balance sheet. However, the accounts receivable owned by the SPV are separate and distinct from our other assets and are not available to our other creditors should we become insolvent. As of July 29, 2012, the SPV held $408.1 million of accounts receivable and we had no outstanding borrowings on the Securitization Facility.

DEBT

3 Months Ended

Jul. 29, 2012

In the first quarter of fiscal 2013, we reclassified our outstanding 7.75% senior unsecured notes due May 2013 totaling $160.0 million (2013 Notes) and our outstanding 4% senior unsecured convertible notes due June 2013 totaling $378.7 million, net of unamortized discounts of $21.3 million, from long-term debt and capital lease obligations to current portion of long-term debt and capital lease obligations on the consolidated condensed balance sheet.

Working Capital Facilities

As of July 29, 2012, we had aggregate credit facilities and credit lines totaling $1.3 billion, including an inventory-based revolving credit facility totaling $925.0 million (the Inventory Revolver), an accounts receivable securitization facility totaling $275.0 million (the Securitization Facility) and international credit facilities totaling $99.0 million. Our unused capacity under these credit facilities and credit lines was $1.1 billion.

As part of the Securitization Facility agreement, all accounts receivable of our major Pork segment subsidiaries are sold to a wholly-owned “bankruptcy remote” special purpose vehicle (SPV). The SPV pledges the receivables as security for loans and letters of credit. The SPV is included in our consolidated financial statements and therefore, the accounts receivable owned by it are included in our consolidated balance sheet. However, the accounts receivable owned by the SPV are separate and distinct from our other assets and are not available to our other creditors should we become insolvent. As of July 29, 2012, the SPV held $408.1 million of accounts receivable and we had no outstanding borrowings on the Securitization Facility.