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EQUITY Equity (Tables)
12 Months Ended
Apr. 29, 2012
Equity [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model. The expected annual volatility is based on the historical volatility of our stock and other factors. We use historical data to estimate option exercises and employee termination within the pricing model. The expected term of options granted represents the period of time that options are expected to be outstanding. The following table summarizes the assumptions made in determining the fair value of stock options granted in the fiscal years indicated:
 
 
Fiscal Years
 
 
2012
 
2011
 
2010
Expected annual volatility
 
55
%
 
54
%
 
52
%
Dividend yield
 
%
 
%
 
%
Risk free interest rate
 
1.11
%
 
1.62
%
 
1.92
%
Expected option life (years)
 
4

 
4

 
4

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes stock option activity under the Incentive Plan as of April 29, 2012, and changes during the year then ended: 
 
 
Number of Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (Years)
 
Aggregate Intrinsic Value
(in millions)
Outstanding as of May 1, 2011
 
2,476,606

 
21.44

 
 
 
 
Granted
 
769,000

 
21.94

 
 
 
 
Exercised
 
(364,986
)
 
19.26

 
 
 
 
Forfeited
 
(54,004
)
 
23.09

 
 
 
 
Outstanding as of April 29, 2012
 
2,826,616

 
21.82

 
3.9
 
$
6.9

Exercisable as of April 29, 2012
 
1,154,286

 
23.30

 
4.9
 
$
3.4

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Accumulated other comprehensive (loss) income consists of the following:
 
 
April 29,
2012
 
May 1,
2011
 
 
(in millions)
Foreign currency translation
 
$
(159.4
)
 
$
0.4

Pension accounting
 
(402.7
)
 
(217.7
)
Hedge accounting
 
51.2

 
48.1

Accumulated other comprehensive loss
 
$
(510.9
)
 
$
(169.2
)