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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Apr. 29, 2012
May 01, 2011
May 02, 2010
Cash flows from operating activities:      
Net income (loss) $ 361.3 $ 521.0 $ (101.4)
Adjustments to reconcile net cash flows from operating activities:      
Loss (income) from equity method investments 9.9 (50.1) (38.6)
Depreciation and amortization 242.8 231.9 242.3
Gain on fire insurance recovery 0 (120.6) 0
Deferred income taxes 90.2 158.2 35.3
Impairment of assets 2.9 9.2 51.3
(Gain) loss on sale of property, plant and equipment (25.2) (53.0) 22.7
Pension expense 57.2 82.0 67.3
Gain on sale of investments 0 0 (4.5)
Pension contributions (142.8) (128.5) (73.9)
Changes in operating assets and liabilities and other, net:      
Accounts receivable 47.8 (63.8) (12.6)
Inventories (89.8) (178.4) 46.5
Prepaid expenses and other current assets (68.1) 132.2 (209.6)
Accounts payable 2.5 36.6 (12.6)
Accrued expenses and other current liabilities 12.6 (72.6) 160.3
Other 68.8 112.3 85.7
Net cash flows from operating activities 570.1 616.4 258.2
Cash flows from investing activities:      
Capital expenditures (290.7) (176.8) (174.7)
Dispositions 0 261.5 23.3
Insurance proceeds 0 120.6 9.9
Net disposals (additions) of breeding stock (2.3) 26.2 (8.0)
Proceeds from the sale of property, plant and equipment 6.4 22.8 11.7
Other 0 0 4.0
Net cash flows from investing activities (286.6) 254.3 (133.8)
Cash flows from financing activities:      
Principal payments on long-term debt and capital lease obligations (152.7) (944.5) (333.3)
Net (repayments) borrowings on revolving credit facilities and notes payables (0.3) 21.6 (491.6)
Proceeds from the issuance of long-term debt 0 0 840.4
Repurchase of common stock (189.5) 0 0
Net proceeds from the issuance of common stock and stock option exercises 1.3 1.2 296.9
Cash posted as collateral 23.9 (23.9) 0
Purchase of redeemable noncontrolling interest 0 0 (38.9)
Debt issuance costs and other (11.1) 0 (64.6)
Net cash flows from financing activities (328.4) (945.6) 208.9
Effect of foreign exchange rate changes on cash (5.5) (1.6) (1.1)
Net change in cash and cash equivalents (50.4) (76.5) 332.2
Cash and cash equivalents 374.7 451.2 119.0
Cash and cash equivalents $ 324.3 $ 374.7 $ 451.2