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Quarterly Results (Tables)
12 Months Ended
Apr. 29, 2012
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
 
2012
 
First
(13 Weeks)
 
Second
(13 Weeks)
 
Third
(13 Weeks)
 
Fourth
(13 1/2 Weeks)
 
Total
(52 1/2 Weeks)
 
(Unaudited)
(In thousands, except per share amounts)
Sales
$
2,849,581

 
$
2,831,832

 
$
2,918,077

 
$
3,049,589

 
$
11,649,079

Gross profit
985,493

 
970,038

 
1,040,722

 
1,003,277

 
3,999,530

Net income attributable to H.J. Heinz Company
226,114

 
237,009

 
284,694

 
175,342

 
923,159

Per Share Amounts:
 

 
 

 
 

 
 

 
 

Net income—diluted
$
0.70

 
$
0.73

 
$
0.88

 
$
0.54

 
$
2.85

Net income—basic
0.70

 
0.74

 
0.89

 
0.55

 
2.87

Cash dividends
0.48

 
0.48

 
0.48

 
0.48

 
1.92


 
2011
 
First
(13 Weeks)
 
Second
(13 Weeks)
 
Third
(13 Weeks)
 
Fourth
(13 Weeks)
 
Total
(52 Weeks)
 
(Unaudited)
(In thousands, except per share amounts)
Sales
$
2,480,825

 
$
2,614,623

 
$
2,722,350

 
$
2,888,790

 
$
10,706,588

Gross profit
907,977

 
966,627

 
1,028,293

 
1,049,643

 
3,952,540

Net income attributable to H.J. Heinz Company
240,427

 
251,435

 
273,785

 
223,863

 
989,510

Per Share Amounts:
 

 
 

 
 

 
 

 
 

Net income—diluted
$
0.75

 
$
0.78

 
$
0.84

 
$
0.69

 
$
3.06

Net income—basic
0.76

 
0.78

 
0.85

 
0.70

 
3.09

Cash dividends
0.45

 
0.45

 
0.45

 
0.45

 
1.80

Quarterly Financial Information, Restructuring Charges
During Fiscal 2012 the Company invested in productivity initiatives designed to increase manufacturing effectiveness and efficiency as well as accelerate overall productivity on a global scale (see Note 3). The pre-tax and after-tax charges as well as the EPS impact of these productivity initiatives on the Company's Fiscal 2012 quarterly results are as follows:
 
2012
 
Pre-tax charges
 
After-tax charges
 
EPS impact
 
(Unaudited)
(In millions, except per share amounts)
First Quarter
$
40.5

 
$
28.4

 
$
0.09

Second Quarter
37.3

 
25.5

 
0.08

Third Quarter
33.8

 
22.8

 
0.07

Fourth Quarter
112.7

 
86.2

 
0.27

Total
$
224.3

 
$
162.9

 
$
0.50

(Totals may not add due to rounding)