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Changes in Equity
6 Months Ended
Oct. 28, 2012
Equity [Abstract]  
Changes in Equity
Changes in Equity
The following table provides a summary of the changes in the carrying amounts of total equity, H. J. Heinz Company shareholders’ equity and equity attributable to the noncontrolling interest:
 
 
 
H. J. Heinz Company
 
 
 
Total
 
Capital
Stock
 
Additional
Capital
 
Retained
Earnings
 
Treasury
Stock
 
Accum
OCI
 
Noncontrolling
Interest
 
(In thousands)
Balance as of April 29, 2012
$
2,810,822

 
$
107,835

 
$
594,608

 
$
7,567,278

 
$
(4,666,404
)
 
$
(844,728
)
 
$
52,233

Comprehensive (loss)/ income(a)
449,212

 

 

 
547,471

 

 
(102,759
)
 
4,500

Dividends paid to shareholders of H. J. Heinz Company
(333,349
)
 

 

 
(333,349
)
 

 

 

Dividends paid to noncontrolling interest
(8,141
)
 

 

 

 

 

 
(8,141
)
Stock options exercised, net of shares tendered for payment
63,822

 

 
(3,427
)
 

 
67,249

 

 

Stock option expense
8,007

 

 
8,007

 

 

 

 

Restricted stock unit activity
3,759

 

 
(9,543
)
 

 
13,302

 

 

Conversion of preferred into common stock

 
(1
)
 
(69
)
 

 
70

 

 

Shares reacquired
(80,016
)
 

 

 

 
(80,016
)
 

 

Acquisition of subsidiary shares from noncontrolling interests(b)
(4,881
)
 

 
18,956

 
(7,703
)
 

 
(16,134
)
 

Other
4,726

 

 
416

 
534

 
3,776

 

 

Balance as of October 28, 2012
$
2,913,961

 
$
107,834

 
$
608,948

 
$
7,774,231

 
$
(4,662,023
)
 
$
(963,621
)
 
$
48,592

______________________________________
(a) The allocation of the individual components of comprehensive income attributable to H. J. Heinz Company and the noncontrolling interest is disclosed in Note 11.
(b) During the first quarter of Fiscal 2013, the Company acquired an additional 15% interest in Coniexpress S.A. Industrias Alimenticias ("Coniexpress") for $80.1 million. Coniexpress is a Brazilian subsidiary of the Company that manufacturers tomato-based sauces, tomato paste, ketchup, condiments and vegetables. Prior to the transaction, the Company owned 80% of this business. See Note 18 for further details regarding this redeemable noncontrolling interest.