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REPORTABLE SEGMENT (Tables)
 6 Months Ended
Oct. 27, 2013
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following tables present sales and operating profit (loss) by segment for the fiscal periods indicated:
 
 
Successor
 
Predecessor
 
 
September 27 - October 27,
2013
 
July 29 - September 26,
2013
 
Three Months Ended
 
 
 
 
October 28,
2012
 
 
(in millions)
Sales:
 
 
 
 
 
 
Segment sales—
 
 
 
 
 
 
Pork
 
$
960.3

 
$
1,931.6

 
$
2,720.9

Hog Production
 
280.5

 
566.7

 
734.0

International
 
137.6

 
267.6

 
358.6

Total segment sales
 
1,378.4

 
2,765.9

 
3,813.5

Intersegment sales—
 
 
 
 
 
 
Pork
 
(3.6
)
 
(7.5
)
 
(12.3
)
Hog Production
 
(232.6
)
 
(465.7
)
 
(568.0
)
International
 
(3.1
)
 
(6.5
)
 
(7.4
)
Total intersegment sales
 
(239.3
)
 
(479.7
)
 
(587.7
)
Consolidated sales
 
$
1,139.1

 
$
2,286.2

 
$
3,225.8

 
 
 
 
 
 
 
Operating profit:
 
 
 
 
 
 
Pork
 
$
33.4

 
$
37.1

 
$
194.3

Hog Production
 
(1.5
)
 
14.9

 
(32.6
)
International
 
5.8

 
14.0

 
40.9

Corporate
 
(28.3
)
 
(34.1
)
 
(24.3
)
Consolidated operating profit
 
$
9.4

 
$
31.9

 
$
178.3

 
 
Successor
 
Predecessor
 
 
September 27 - October 27,
2013
 
April 29 - September 26,
2013
 
Six Months Ended
 
 
 
 
October 28,
2012
 
 
(in millions)
Sales:
 
 
 
 
 
 
Segment sales—
 
 
 
 
 
 
Pork
 
$
960.3

 
$
4,782.0

 
$
5,320.5

Hog Production
 
280.5

 
1,439.1

 
1,462.8

International
 
137.6

 
643.6

 
705.4

Total segment sales
 
1,378.4

 
6,864.7

 
7,488.7

Intersegment sales—
 

 

 

Pork
 
(3.6
)
 
(19.0
)
 
(20.7
)
Hog Production
 
(232.6
)
 
(1,150.3
)
 
(1,135.3
)
International
 
(3.1
)
 
(15.9
)
 
(15.6
)
Total intersegment sales
 
(239.3
)
 
(1,185.2
)
 
(1,171.6
)
Consolidated sales
 
$
1,139.1

 
$
5,679.5

 
$
6,317.1

 
 
 
 
 
 
 
Operating profit:
 
 
 
 
 
 
Pork
 
$
33.4

 
$
98.5

 
$
312.9

Hog Production
 
(1.5
)
 
81.4

 
(9.5
)
International
 
5.8

 
15.9

 
56.7

Corporate
 
(28.3
)
 
(66.6
)
 
(50.0
)
Consolidated operating profit
 
$
9.4

 
$
129.2

 
$
310.1

The following table presents total assets by segment for the fiscal periods indicated:
 
 
Successor (1)
 
Predecessor
 
 
October 27,
2013
 
April 28,
2013
 
 
(in millions)
Pork
 
$
2,574.6

 
$
2,059.5

Hog Production
 
2,174.0

 
1,879.5

International
 
1,656.9

 
1,572.5

Corporate
 
2,107.3

 
1,422.5

Goodwill (2)
 
1,601.8

 
782.4

Consolidated total assets
 
$
10,114.6

 
$
7,716.4

——————————————
(1)
The amounts presented are based on the preliminary allocation of consideration to the assets acquired and liabilities assumed by Shuanghui in the Merger and reflect preliminary fair value estimates based on management's analysis, including preliminary work performed by third-party valuation specialists, which are subject to change within the measurement period as valuations are finalized. See Note 2—Merger and Acquisition for further discussion.
(2) 
As noted in Note 2—Merger and Acquisition, goodwill recognized as a result of the Merger has not been allocated to our reportable segments as of October 27, 2013. We have chosen to present goodwill unallocated as of April 28, 2013 so that the two periods are comparable.