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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jan. 29, 2012
Jan. 30, 2011
Jan. 29, 2012
Jan. 30, 2011
Sales $ 3,478.3 $ 3,186.2 $ 9,885.1 $ 9,086.3
Cost of sales 3,098.5 2,729.0 8,678.6 7,828.7
Gross profit 379.8 457.2 1,206.5 1,257.6
Selling, general and administrative expenses 187.3 220.3 626.8 594.1
Gain on fire insurance recovery 0 (120.6) 0 (120.6)
Equity in loss (income) of affiliates 22.0 (15.2) 11.3 (44.3)
Operating profit 170.5 372.7 568.4 828.4
Interest expense 42.3 60.3 134.6 194.4
Loss on debt extinguishment 4.6 14.1 12.2 21.4
Income before income taxes 123.6 298.3 421.6 612.6
Income tax expense 44.6 95.7 139.8 190.0
Net income $ 79.0 $ 202.6 $ 281.8 $ 422.6
Net income per share:        
Basic (in dollars per share) $ 0.49 $ 1.22 $ 1.73 $ 2.55
Diluted (in dollars per share) $ 0.49 $ 1.21 $ 1.72 $ 2.53
Weighted average shares outstanding:        
Basic (in shares) 161.0 166.0 163.1 166.0
Effect of dilutive shares (in shares) 1.8 1.2 1.1 1.2
Diluted (in shares) 162.8 167.2 164.2 167.2