FAIR VALUE MEASUREMENTS Fair Value Measurements (Tables)

12 Months Ended

Apr. 29, 2012

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following tables set forth, by level within the fair value hierarchy, our non-pension financial assets and liabilities that were measured at fair value on a recurring basis as of April 29, 2012 and May 1, 2011:



	April 29, 2012								May 1, 2011
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	(in millions)								(in millions)
Assets
Derivatives:
Commodity contracts	$	52.0	$	1.3	$	—	$	53.3	$	45.2	$	34.6	$	—	$	79.8
Foreign exchange contracts	—		4.3		—		4.3		—		0.5		—		0.5
Open-ended mutual funds	12.2		—		—		12.2		17.4		—		—		17.4
Insurance contracts	—		51.3		—		51.3		—		49.4		—		49.4
Total	$	64.2	$	56.9	$	—	$	121.1	$	62.6	$	84.5	$	—	$	147.1

Liabilities
Derivatives:
Commodity contracts	$	—	$	8.6	$	—	$	8.6	$	16.8	$	—	$	—	$	16.8
Interest rate contracts	—		—		—		—		—		2.3		—		2.3
Foreign exchange contracts	—		0.7		—		0.7		—		1.9		—		1.9
Total	$	—	$	9.3	$	—	$	9.3	$	16.8	$	4.2	$	—	$	21.0

Schedule of Fair Value, Pension Plan Asset [Table Text Block]

The following table summarizes our pension plan assets measured at fair value on a recurring basis (at least annually) as of April 29, 2012 and May 1, 2011:



	April 29, 2012								May 1, 2011
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	(in millions)								(in millions)
Cash and cash equivalents	$	22.4	$	—	$	—	$	22.4	$	3.0	$	87.5	$	—	$	90.5

Equity securities:
Preferred stock	—		0.5		—		0.5		—		0.3		—		0.3
U.S. common stock:
Health care	22.7		—		—		22.7		32.0		—		—		32.0
Utilities	—		—		—		—		3.8		—		—		3.8
Financial	16.6		—		—		16.6		41.0		—		—		41.0
Consumer staples	102.4		—		—		102.4		128.1		—		—		128.1
Consumer discretionary	23.0		—		—		23.0		32.3		—		—		32.3
Materials	6.3		—		—		6.3		14.6		—		—		14.6
Energy	11.4		—		—		11.4		30.0		—		—		30.0
Information technology	31.4		—		—		31.4		34.2		—		—		34.2
Industrials	9.4		—		—		9.4		38.5		—		—		38.5
Telecommunication service	9.5		—		—		9.5		2.1		—		—		2.1
International common stock	103.6		—		—		103.6		23.0		—		—		23.0
Mutual funds:
International	—		30.1		—		30.1		42.9		45.0		—		87.9
Domestic small cap	—		19.8		—		19.8		—		—		—		—
Domestic large cap	—		2.5		—		2.5		—		70.0		—		70.0
Balanced	—		37.8		—		37.8		32.7		—		—		32.7

Fixed income:
Mutual funds	—		11.3		—		11.3		108.9		1.5		—		110.4
Asset-backed securities	—		92.0		—		92.0		—		69.5		—		69.5
Corporate debt securities	—		285.5		—		285.5		—		44.4		—		44.4
Government debt securities	—		106.4		—		106.4		32.9		9.4		—		42.3

Limited partnerships	—		—		75.0		75.0		—		—		33.6		33.6

Insurance contracts	—		—		1.6		1.6		—		—		1.8		1.8

Total fair value	$	358.7	$	585.9	$	76.6	1,021.2		$	600.0	$	327.6	$	35.4	963.0
Unsettled transactions, net							2.3								(6.6		)
Total plan assets							$	1,023.5							$	956.4

Schedule of Level Three Defined Benefit Plan Assets Roll Forward [Table Text Block]

The following table summarizes the changes in our Level 3 pension plan assets for the year-ended April 29, 2012 and May 1, 2011:



	Insurance Contracts			Limited Partnerships
	(in millions)
Balance, May 2, 2010	$	1.8		$	29.2
Actual return on plan assets:
Related to assets held at the reporting date	—			1.2
Related to assets sold during the period	—			1.3
Purchases, sales and settlements, net	—			1.9
Balance, May 1, 2011	1.8			33.6

Actual return on plan assets:
Related to assets held at the reporting date	—			(2.7		)
Related to assets sold during the period	—			1.6
Purchases, sales and settlements, net	(0.2		)	42.5
Balance, April 29, 2012	$	1.6		$	75.0

Fair Value and Carrying Value of Debt [Table Text Block]

The following table presents the fair value and carrying value of long-term debt, including the current portion of long-term debt as of April 29, 2012 and May 1, 2011.



	April 29, 2012				May 1, 2011
	Fair Value		Carrying Value		Fair Value		Carrying Value
	(in millions)
Total Debt	$	2,176.5	$	1,937.3	$	2,418.0	$	2,094.7