HOG PRODUCTION COST SAVINGS INITIATIVE (Tables)

6 Months Ended

Oct. 30, 2011

Hog Production Cost Savings Initiative [Abstract]

Schedule of Restructuring and Related Costs [Table Text Block]

The following table summarizes the balance of accrued expenses, the current period expense, the cumulative expenses incurred to date and the expected remaining expenses to be incurred related to the Cost Savings Initiative by major type of cost. All of the charges presented have been recorded in cost of sales in the Hog Production segment.



	Accrued Balance May 1, 2011		1st Quarter FY 2012 Expense		2nd Quarter FY 2012 Expense		Payments			Accrued Balance October 30, 2011		Cumulative Expense-to-Date		Estimated Remaining Expense
	(in millions)
Cost savings activities:
Contract terminations	$	0.8	$	0.1	$	0.3	$	(0.8	)	$	0.4	$	22.6	$	3.0
Other associated costs	1.6		0.9		0.9		(3.4		)	—		8.7		0.7
Total cost savings activities	$	2.4	1.0		1.2		$	(4.2	)	$	0.4	31.3		3.7

Other charges:
Accelerated depreciation			0.1		—							5.6		—
Impairment			—		—							2.5		—
Total other charges			0.1		—							8.1		—
Total cost savings activities and other charges			$	1.1	$	1.2						$	39.4	$	3.7

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details