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INVESTMENTS Investments (Tables)
12 Months Ended
Jan. 03, 2016
Schedule of Equity Method Investments [Line Items]  
Schedule of Equity Method Investments [Table Text Block]
Investments consist of the following: 
Equity Investment
 
Segment
 
% Owned
 
January 3,
2016
 
December 28,
2014
 
 
 
 
 
 
(in millions)
Campofrío Food Group (CFG)
 
International
 
37%
 
$

 
$
330.0

Mexican joint ventures
 
International
 
50%
 
116.6

 
142.8

All other equity method investments
 
Various
 
Various
 
25.9

 
25.2

Total investments
 
 
 
 
 
$
142.5

 
$
498.0

Equity Method Investments, Policy [Policy Text Block]
We record our share of earnings and losses from our equity method investments in (income) loss from equity method investments. Some of these results are reported on a one-month lag which, in our opinion, does not materially impact our consolidated financial statements.
In November 2013, Mexican processed meats producer Sigma Alimentos (Sigma) announced its intention to tender for all of CFG’s outstanding shares (CFG Tender Offer). In December 2013, we announced our intention to participate in the CFG Tender Offer by retaining our 37% interest in CFG. In June 2014, we finalized our shareholder agreement with Sigma creating a new entity called Sigma & WH Food Europe, S.L. (Sigma & WH Europe) to hold all shares of CFG owned by Sigma and the Company. At the formation of Sigma & WH Europe, both the Company and Sigma contributed all of our shares of CFG to Sigma & WH Europe in exchange for the same number of shares in Sigma & WH Europe. Effective September 19, 2014, CFG's common stock ceased to trade on the Madrid Exchange.
In June 2015, we sold our entire equity interest in CFG to Alfa S.A.B. de C.V. (Alfa) for $354.0 million in cash. As of the date of the sale, the book value of our investment in CFG was $298.7 million. Additionally, we had $54.6 million of unrealized currency translation losses on our balance sheet related to our investment in CFG.

Schedule of (Income) Loss from Equity Method Investments [Table Text Block]
(Income) loss from equity method investments consists of the following:
 
 
 
 
Successor
 
Predecessor
 
 
 
 
Twelve Months Ended
 

 
 
 
Twelve Months Ended
Equity Investment
 
Segment
 
January 3, 2016

December 28, 2014

September 27 - December 29, 2013
 
April 29 - September 26, 2013
 
April 28, 2013
 
 
 
 
(in millions)
CFG
 
International
 
$
4.9

 
$
(11.1
)
 
$
(0.3
)
 
$
(0.4
)
 
$
(4.8
)
Mexican joint ventures
 
International
 
(14.5
)
 
(43.7
)
 
2.4

 
2.1

 
(9.3
)
All other equity method investments
 
Various
 
(2.1
)
 
(3.4
)
 
0.5

 
(1.2
)
 
(0.9
)
(Income) loss from equity method investments
 
 
 
$
(11.7
)
 
$
(58.2
)
 
$
2.6

 
$
0.5

 
$
(15.0
)