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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
1 Months Ended 5 Months Ended 6 Months Ended
Oct. 27, 2013
Successor
Sep. 26, 2013
Predecessor
Oct. 28, 2012
Predecessor
Cash flows from operating activities:      
Net (loss) income $ (16.6) $ 51.9 $ 72.6
Adjustments to reconcile net cash flows from operating activities:      
Depreciation and amortization 18.0 106.5 117.7
(Income) loss from equity method investments (1.2) 0.5 (7.4)
Impact of inventory fair value step-up on cost of sales 24.8 0 0
Pension expense 4.0 44.8 48.0
Pension contributions 0 (9.7) (8.6)
Changes in operating assets and liabilities and other, net (70.9) (219.8) (412.8)
Net cash flows from operating activities (41.9) (25.8) (190.5)
Cash flows from investing activities:      
Acquisition of Smithfield Foods, Inc. common stock 4,896.6 0 0
Capital expenditures (13.8) (139.8) (127.7)
Business acquisitions, net of cash acquired 0 (32.8) (23.1)
Net proceeds (expenditures) from breeding stock transactions 2.1 (5.3) (13.4)
Proceeds from the sale of property, plant and equipment 1.3 1.7 10.7
Advance note 0 (10.0) 0
Net cash flows from investing activities (4,907.0) (186.2) (153.5)
Cash flows from financing activities:      
Net proceeds from equity contribution 4,162.1 0 0
Proceeds from issuance of long-term debt 900.0 0 1,019.2
Principal payments on long-term debt and capital lease obligations (200.5) (458.7) (711.4)
Proceeds from Securitication Facility 0 170.0 0
Payments on Securitization Facility 0 (50.0) 0
Proceeds from (Repayments of) Lines of Credit (11.0) 490.3 66.7
Repurchase of common stock 0 0 (212.3)
Debt issuance cost and other (20.1) 0.1 (17.9)
Net cash flows from financing activities 4,830.5 151.7 144.3
Effect of foreign exchange rate changes on cash 2.0 0.2 (1.0)
Net change in cash and cash equivalents (116.4) (60.1) (200.7)
Cash and cash equivalents at beginning of period 250.5 310.6 324.3
Cash and cash equivalents at end of period $ 134.1 $ 250.5 $ 123.6