LEASE OBLIGATIONS, COMMITMENTS AND GUARANTEES Lease Obligations, Commitments and Guarantees (Tables)

12 Months Ended

Jan. 03, 2016

Lease Obligations, Commitments and Guarantee [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Future rental commitments under non-cancelable operating leases as of January 3, 2016 are as follows:



Year	(in millions)
2016	$	49.0
2017	43.0
2018	36.1
2019	30.3
2020	22.8
Thereafter	78.8
Total	$	260.0

Schedule of Future Hog Procurement and Contract Hog Growers Obligations [Table Text Block]

We have purchase commitments with certain livestock producers that obligate us to purchase all the livestock that these producers deliver. Other arrangements obligate us to purchase a fixed amount of livestock. We also use independent farmers and their facilities to raise hogs produced from our breeding stock in exchange for a performance-based service fee payable upon delivery. We estimate the future obligations under these commitments based on available commodity livestock futures prices and internal projections about future hog prices, expected quantities delivered and anticipated performance. Our estimated future obligations under these commitments are as follows:



Year	(in millions)
2016	$	2,006.3
2017	1,559.5
2018	1,179.3
2019	830.9
2020	745.2