XML 111 R64.htm IDEA: XBRL DOCUMENT v2.4.0.8
SENIOR LONG-TERM DEBT (Narrative) (Details) (USD $)
3 Months Ended 12 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 9 Months Ended 3 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 1 Months Ended
May 25, 2014
May 25, 2014
May 26, 2013
May 27, 2012
May 25, 2014
5.875% Senior Debt Due April 2014
May 26, 2013
5.875% Senior Debt Due April 2014
May 25, 2014
1.35% Senior Debt Due September 2015
May 26, 2013
1.35% Senior Debt Due September 2015
Nov. 25, 2012
1.35% Senior Debt Due September 2015
May 25, 2014
2.1% Senior Debt Due March 2018
May 26, 2013
2.1% Senior Debt Due March 2018
Nov. 25, 2012
2.1% Senior Debt Due March 2018
May 25, 2014
3.25% Senior Debt Due September 2022
May 26, 2013
3.25% Senior Debt Due September 2022
Nov. 25, 2012
3.25% Senior Debt Due September 2022
May 25, 2014
Unsecured Debt
Feb. 24, 2013
Unsecured Debt
May 25, 2014
1.3% Senior Debt Due January 2016
May 26, 2013
1.3% Senior Debt Due January 2016
Feb. 24, 2013
1.3% Senior Debt Due January 2016
May 25, 2014
1.9% Senior Debt Due January 2018
May 26, 2013
1.9% Senior Debt Due January 2018
Feb. 24, 2013
1.9% Senior Debt Due January 2018
May 25, 2014
3.2% Senior Debt Due January 2023
May 26, 2013
3.2% Senior Debt Due January 2023
Feb. 24, 2013
3.2% Senior Debt Due January 2023
May 25, 2014
4.65% Senior Debt Due January 2043
May 26, 2013
4.65% Senior Debt Due January 2043
Feb. 24, 2013
4.65% Senior Debt Due January 2043
May 25, 2014
4.95% Senior Debt Due August 2020 (Including Ralcorp Senior Notes)
May 26, 2013
4.95% Senior Debt Due August 2020 (Including Ralcorp Senior Notes)
May 25, 2014
6.625% Senior Debt Due August 2039 (Including Ralcorp Senior Notes)
May 26, 2013
6.625% Senior Debt Due August 2039 (Including Ralcorp Senior Notes)
May 25, 2014
Ralcorp Notes
Feb. 24, 2013
Term Facility Agreement
May 25, 2014
Term Facility Agreement
Feb. 24, 2013
Base Rate
Term Facility Agreement
Feb. 24, 2013
Ralcorp
Feb. 24, 2013
Ralcorp
Feb. 24, 2013
Ralcorp
Secured Debt
May 25, 2014
Ralcorp
4.95% Ralcorp Senior Notes
May 25, 2014
Ralcorp
6.625% Senior Notes Ralcorp Due August 2019
May 25, 2014
Ralcorp
Ralcorp Notes
Feb. 24, 2013
Ralcorp
7.29% Senior Notes Due August 2018 Issued by Ralcorp
Feb. 24, 2013
Ralcorp
7.39% Senior Notes Due August 2020 Issued by Ralcorp
Feb. 24, 2013
Ralcorp
7.29% Senior Notes Due August 2018 Issued by Ralcorp, Ralcorp Discharged Notes
Feb. 27, 2013
Ralcorp
Ralcorp Callable Notes
May 25, 2014
Ralcorp
Ralcorp Callable Notes
May 27, 2012
Six Point Seven Five Percent Senior Notes Due September Twenty Eleven
Feb. 24, 2013
Unsecured Debt
Nov. 25, 2012
Unsecured Debt
Nov. 25, 2012
Unsecured Debt
Tranche One
Nov. 25, 2012
Unsecured Debt
Tranche Two
Nov. 25, 2012
Unsecured Debt
Tranche Three
May 25, 2014
Unsecured Debt
Ralcorp Notes
May 26, 2013
Unsecured Debt
Ralcorp Notes
Feb. 24, 2013
Unsecured Debt
Ralcorp
May 25, 2014
Revolving Credit Facility
May 25, 2014
Revolving Credit Facility
Base Rate
May 25, 2014
2014 Interest Rate Swap [Member]
Feb. 27, 2011
2010 Interest Rate Swap [Member]
May 25, 2014
2010 Interest Rate Swap [Member]
May 26, 2013
2010 Interest Rate Swap [Member]
May 27, 2012
2010 Interest Rate Swap [Member]
Jul. 31, 2014
Subsequent Event [Member]
Jul. 31, 2014
Subsequent Event [Member]
Term Facility Agreement
Jun. 30, 2014
Subsequent Event [Member]
Term Facility Agreement
Debt Instrument [Line Items]                                                                                                                                      
Interest rate at period end                                                                     1.902%                                                                
Senior notes $ 8,737,100,000 $ 8,737,100,000 $ 9,292,200,000   $ 0 $ 500,000,000 $ 250,000,000 $ 250,000,000   $ 250,000,000 $ 250,000,000   $ 250,000,000 $ 250,000,000       $ 750,000,000 $ 750,000,000 $ 750,000,000 $ 1,000,000,000 $ 1,000,000,000 $ 1,000,000,000 $ 1,225,000,000 $ 1,225,000,000 $ 1,225,000,000 $ 937,000,000 $ 1,000,000,000 $ 1,000,000,000 $ 300,000,000 $ 300,000,000 $ 450,000,000 $ 450,000,000 $ 33,900,000           $ 460,700,000 $ 33,900,000 $ 17,200,000 $ 16,700,000   $ 664,500,000 $ 33,000,000   $ 460,700,000       $ 250,000,000 $ 250,000,000 $ 250,000,000                          
Effective percentage                                                                                   2.83% 4.82%                                                
New term loan facility                                                                     1,500,000,000                                                                
Long-term Debt, Gross                               716,000,000 716,000,000                                                                 3,975,000,000 750,000,000           631,500,000                    
Repurchase amount                                                                                           44,800,000                                          
Extinguishment of debt charge                                                                       600,000,000                     562,500,000                                     550,000,000 350,000,000
Unsecured debt                                                                     1,500,000,000                                                                
Gains (Losses) on Extinguishment of Debt   3,700,000                                                                   (6,200,000)     (1,300,000)                                                        
Term loan repayment percent                                                                     2.50%                                                                
Interest rate on borrowings   2.00%                                                                     1.75%                                           1.30%                
Interest capitalized   0 (56,600,000) 0                                                                   52,100,000                                                          
Debt issuance costs                                                                           27,300,000                                                          
Fair value adjustment 163,800,000 163,800,000                                                                                                                                  
Repayments of long-term debt 500,000,000 569,200,000 2,074,000,000 363,600,000                                             63,000,000                                           342,700,000                                    
Interest rate 3.25% 3.25%     5.875%   1.35%   1.35% 2.10%   2.10% 3.25%   3.25%     1.30%   1.30% 1.90%   1.90% 3.20%   3.20% 4.65%   4.65% 4.95%   6.625%                 4.95% 6.625%   7.29% 7.39%       6.75%                                    
Percentage of consolidated capital base if exceeded by funded debt than repay borrowings                                                                                                                   70.00%                  
Fixed charges coverage if range in than repay Borrowings as per multi year revolving credit facility                                                                                                                   1.75                  
Increase (Decrease) In Interest Expense, Net                                                                                                             (7,100,000) (2,200,000)                      
Interest paid   395,700,000 215,600,000 211,900,000                                                                                                                              
Reduction of net interest expense due to impact of interest rate swap contracts                                                                                                                       4,100,000   8,600,000 9,200,000 9,900,000      
Proceeds from termination of interest rate swap contract                                                                                                                         31,500,000            
Short-term Debt $ 137,000,000 $ 137,000,000 $ 185,000,000                                                                                                                           $ 330,000,000