Segments (Tables)

6 Months Ended

Oct. 27, 2013

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table presents information about the Company’s reportable segments:

	Second Quarter Ended
	Successor			Predecessor
	October 27, 2013 FY 2014			October 28, 2012 FY 2013
	(In thousands)
Net external sales:
North American Consumer Products	$	747,724		$	794,957
Europe	782,573			808,427
Asia/Pacific	561,505			600,607
U.S. Foodservice	346,487			348,028
Rest of World	279,047			269,515
Consolidated Totals	$	2,717,336		$	2,821,534
Operating income/(loss):
North American Consumer Products(a)	$	184,390		$	190,341
Europe(a)	116,812			140,398
Asia/Pacific(a)	9,838			53,818
U.S. Foodservice(a)	57,097			44,223
Rest of World(a)	39,265			27,094
Other:
Non-Operating(b)	(29,409		)	(60,143		)
Special Items(c)	(206,200		)	—
Consolidated Totals	$	171,793		$	395,731

	Successor			Predecessor
	February 8 - October 27, 2013 FY 2014			April 29 - June 7, 2013 FY 2014			Six Months Ended October 28, 2012 FY 2013
	(In thousands)
Net external sales:
North American Consumer Products	$	1,144,475		$	307,972		$	1,553,809
Europe	1,225,154			284,657			1,586,343
Asia/Pacific	927,134			272,116			1,250,766
U.S. Foodservice	516,394			135,688			663,374
Rest of World	430,684			112,439			550,692
Consolidated Totals	$	4,243,841		$	1,112,872		$	5,604,984
Operating income/(loss):
North American Consumer Products(a)	$	145,446		$	65,459		$	373,772
Europe(a)	91,759			32,918			277,592
Asia/Pacific(a)	(1,195		)	37,616			132,705
U.S. Foodservice(a)	37,674			15,531			80,873
Rest of World(a)	49,289			10,559			58,107
Other:
Non-Operating(b)	(43,064		)	(16,070		)	(110,922		)
Special Items(c)	(358,734		)	(118,230		)	—
Consolidated Totals	$	(78,825	)	$	27,783		$	812,127

______________________________________

(a) The negative impact of the inventory step-up adjustment recorded in purchase accounting to operating income in the Successor period was $139.8 million and $0.0 million for North American Consumer Products, $110.3 million and $4.7 million for Europe, $89.6 million and $31.1 million for Asia/Pacific, $33.8 million and $0.0 million for U.S. Foodservice and $9.8 million and $2.5 million for Rest of World for the six and three months ended October 27, 2013, respectively.

(b) Includes corporate overhead, intercompany eliminations and charges not directly attributable to operating segments.

(c) Includes costs related to Fiscal 2014 Restructuring and Productivity Initiatives and Merger related costs including legal, accounting and other professional fees as well as severance and employee benefit costs.

Revenue from External Customers by Products and Services

The Company’s revenues are generated via the sale of products in the following categories:

	Second Quarter Ended
	Successor		Predecessor
	October 27, 2013 FY 2014		October 28, 2012 FY 2013
	(In thousands)
Ketchup and Sauces	$	1,330,635	$	1,315,116
Meals and Snacks	968,823		1,067,216
Infant/Nutrition	272,965		285,254
Other	144,913		153,948
Total	$	2,717,336	$	2,821,534

	Successor		Predecessor
	February 8 - October 27, 2013 FY 2014		April 29 - June 7, 2013 FY 2014		Six Months Ended October 28, 2012 FY 2013
	(In thousands)
Ketchup and Sauces	$	2,103,758	$	533,932	$	2,634,416
Meals and Snacks	1,461,004		359,412		2,030,095
Infant/Nutrition	438,380		118,528		581,971
Other	240,699		101,000		358,502
Total	$	4,243,841	$	1,112,872	$	5,604,984