Other Comprehensive Income

12 Months Ended

Apr. 27, 2011

Other Comprehensive Income [Abstract]


14.	Other Comprehensive Income

The tax (expense)/benefit associated with each component of other comprehensive income are as follows:


	H. J. Heinz			Noncontrolling
	Company			Interest			Total
	(Amounts in thousands)

April 27, 2011
Net pension and post-retirement benefit gains/losses	$	(25,670	)	$	14		$	(25,656	)
Reclassification of net pension and post-retirement benefit losses to net income	$	25,276		$	—		$	25,276
Unrealized translation adjustments	$	(1,158	)	$	—		$	(1,158	)
Net change in fair value of cash flow hedges	$	(10,348	)	$	132		$	(10,216	)
Net hedging gains/losses reclassified into earnings	$	(15,149	)	$	191		$	(14,958	)
April 28, 2010
Net pension and post-retirement benefit gains/losses	$	(39,186	)	$	351		$	(38,835	)
Reclassification of net pension and post-retirement benefit losses to net income	$	18,468		$	—		$	18,468
Unrealized translation adjustments	$	20,491		$	—		$	20,491
Net change in fair value of cash flow hedges	$	13,713		$	260		$	13,973
Net hedging losses reclassified into earnings	$	7,885		$	83		$	7,968
April 29, 2009
Net pension and post-retirement benefit losses	$	138,862		$	139		$	139,001
Reclassification of net pension and post-retirement benefit losses to net income	$	12,273		$	—		$	12,273
Unrealized translation adjustments	$	14,004		$	—		$	14,004
Net change in fair value of cash flow hedges	$	(9,413	)	$	(51	)	$	(9,464	)
Net hedging gains reclassified into earnings	$	(5,486	)	$	(22	)	$	(5,508	)

- Definition

This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

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