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REPORTABLE SEGMENT
9 Months Ended
Jan. 29, 2012
Segment Reporting [Abstract]  
REPORTABLE SEGMENTS
REPORTABLE SEGMENTS 
We conduct our operations through four reportable segments: Pork, Hog Production, International and Corporate, each of which is comprised of a number of subsidiaries, joint ventures and other investments. The Pork segment consists mainly of our three wholly-owned U.S. fresh pork and packaged meats subsidiaries. The Hog Production segment consists of our hog production operations located in the U.S. The International segment is comprised mainly of our meat processing and distribution operations in Poland, Romania and the United Kingdom, our interests in meat processing operations, mainly in Western Europe and Mexico, our hog production operations located in Poland and Romania and our interests in hog production operations in Mexico. The Corporate segment provides management and administrative services to support our other segments. A fifth reportable segment, the Other segment, contains the results of our former turkey production operations and our previous interest in Butterball, which were sold in December 2010 (fiscal 2011).
The following table presents sales and operating profit (loss) by segment for the fiscal periods indicated:
 
 
Three Months Ended
 
Nine Months Ended
 
 
January 29,
2012
 
January 30,
2011
 
January 29,
2012
 
January 30,
2011
 
 
(in millions)
 
(in millions)
Sales:
 
 
 
 
 
 
 
 
Segment sales—
 
 
 
 
 
 
 
 
Pork
 
$
2,992.7

 
$
2,684.7

 
$
8,364.8

 
$
7,576.3

Hog Production
 
761.8

 
649.9

 
2,296.9

 
2,004.8

International
 
360.4

 
355.9

 
1,126.5

 
1,001.6

Other
 

 
12.9

 

 
74.7

Total segment sales
 
4,114.9

 
3,703.4

 
11,788.2

 
10,657.4

Intersegment sales—
 
 
 
 
 
 
 
 
Pork
 
(10.5
)
 
(7.9
)
 
(26.2
)
 
(21.7
)
Hog Production
 
(614.8
)
 
(500.1
)
 
(1,851.1
)
 
(1,520.7
)
International
 
(11.3
)
 
(9.2
)
 
(25.8
)
 
(28.7
)
Total intersegment sales
 
(636.6
)
 
(517.2
)
 
(1,903.1
)
 
(1,571.1
)
Consolidated sales
 
$
3,478.3

 
$
3,186.2

 
$
9,885.1

 
$
9,086.3

 
 
 
 
 
 
 
 
 
Operating profit (loss):
 
 
 
 
 
 
 
 
Pork
 
$
195.9

 
$
254.8

 
$
503.8

 
$
557.0

Hog Production
 
(6.6
)
 
(2.3
)
 
127.0

 
139.8

International
 
6.2

 
34.5

 
23.5

 
103.1

Other
 

 
(0.5
)
 

 
(2.3
)
Corporate (1)
 
(25.0
)
 
86.2

 
(85.9
)
 
30.8

Consolidated operating profit
 
$
170.5

 
$
372.7

 
$
568.4

 
$
828.4

——————————————
(1) 
Fiscal 2011 included a $120.6 million involuntary conversion gain related the fire that occurred at our Cudahy, Wisconsin facility in fiscal 2010.