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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Apr. 29, 2012
May 01, 2011
May 02, 2010
Sales $ 13,094.3 $ 12,202.7 $ 11,202.6
Cost of sales 11,544.9 10,488.6 10,472.5
Gross profit 1,549.4 1,714.1 730.1
Selling, general and administrative expenses 816.9 789.8 705.9
Gain on fire insurance recovery 0 (120.6) 0
Loss (income) from equity method investments 9.9 (50.1) (38.6)
Operating profit 722.6 1,095.0 62.8
Interest expense 176.7 245.4 266.4
Loss on debt extinguishment 12.2 92.5 11.0
Income (loss) before income taxes 533.7 757.1 (214.6)
Income tax expense (benefit) 172.4 236.1 (113.2)
Net income (loss) $ 361.3 $ 521.0 $ (101.4)
Net income (loss) per share:      
Earnings per share, basic $ 2.23 $ 3.14 $ (0.65)
Earnings per share, diluted $ 2.21 $ 3.12 $ (0.65)
Weighted average shares outstanding:      
Basic (in shares) 162.3 166.0 157.1
Effect of dilutive shares (in shares) 1.2 1.2 0
Diluted (in shares) 163.5 167.2 157.1