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INVESTMENTS Investments (Tables)
 8 Months Ended
Dec. 29, 2013
Schedule of Equity Method Investments [Line Items]  
Schedule of Equity Method Investments [Table Text Block]
Investments consist of the following: 
 
 
 
 
 
 
Successor
 
Predecessor
Equity Investment
 
Segment
 
% Owned
 
December 29,
2013
 
April 28,
2013
 
April 29,
2012
 
 
 
 
 
 
(in millions)
Campofrío Food Group (CFG)
 
International
 
37%
 
$
351.4

 
$
376.2

 
$
385.2

Mexican joint ventures
 
International
 
50%
 
118.0

 
129.6

 
111.2

All other equity method investments
 
Various
 
Various
 
27.1

 
26.6

 
26.2

Total investments
 
 
 
 
 
$
496.5

 
$
532.4

 
$
522.6
Schedule of (Income) Loss from Equity Method Investments [Table Text Block]
(Income) loss from equity method investments consists of the following:
 
 
 
 
Successor
 
Predecessor
 
 
 
 
 
 
 
 
Fiscal Year Ended
Equity Investment
 
Segment
 
September 27 - December 29, 2013
 
April 29 - September 26, 2013
 
April 28, 2013
 
April 29, 2012
 
May 1, 2011
 
 
 
 
(in millions)
CFG (1)
 
International
 
$
(0.3
)
 
$
(0.4
)
 
$
(4.8
)
 
$
25.0

 
$
(17.0
)
Mexican joint ventures
 
International
 
2.4

 
2.1

 
(9.3
)
 
(13.4
)
 
(29.6
)
All other equity method investments
 
Various
 
0.5

 
(1.2
)
 
(0.9
)
 
(1.7
)
 
(3.5
)
Loss (income) from equity method investments
 
 
 
$
2.6

 
$
0.5

 
$
(15.0
)
 
$
9.9

 
$
(50.1
)
——————————————
(1) 
CFG prepares its financial statements in accordance with International Financial Reporting Standards. Our share of CFG’s results reflects U.S. GAAP adjustments and thus, there may be differences between the amounts we report for CFG and the amounts reported by CFG.
Campofrio Food Group
  
Schedule of Equity Method Investments [Line Items]  
Schedule of Summarized Financial Information for Equity Method Investment [Table Text Block]
The following summarized financial information for CFG is based on CFG's financial statements and translated into U.S. Dollars:
 
 
 
 
Fiscal Year Ended
 
 
April 29 - December 29, 2013
 
April 28, 2013
 
April 29, 2012
 
May 1, 2011
 
 
(in millions)
Income statement information:
 
 
 
 
 
 
 
 
Sales
 
$
1,717.6

 
$
2,464.6

 
$
2,536.1

 
$
2,433.3

Gross profit
 
389.9

 
564.4

 
583.0

 
423.0

Net income (loss)
 
8.1

 
13.0

 
(71.2
)
 
46.1

 
 
 
 
 
 
 
 
 
 
 
 

 
December 29,
2013
 
April 28,
2013
 
April 29,
2012
 
 
 

 
(in millions)
Balance sheet information:
 
 

 
 

 
 

 
 
Current assets
 
 

 
$
821.5

 
$
909.9

 
$
944.5

Long-term assets
 
 

 
2,051.2

 
1,926.8

 
1,930.4

Current liabilities
 
 

 
999.0

 
993.6

 
941.9

Long-term liabilities
 
 

 
1,077.7

 
1,094.2

 
1,168.1