FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Oct. 28, 2012

Fair Value Disclosures [Abstract]

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 October 28, 2012 and April 29, 2012:

	October 28, 2012								April 29, 2012
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	(in millions)								(in millions)
Assets
Derivatives:
Commodity contracts	$	77.4	$	25.7	$	—	$	103.1	$	52.0	$	1.3	$	—	$	53.3
Foreign exchange contracts	—		2.9		—		2.9		—		4.3		—		4.3
Open-ended mutual funds	11.2		—		—		11.2		12.2		—		—		12.2
Insurance contracts	—		52.3		—		52.3		—		51.3		—		51.3
Total	$	88.6	$	80.9	$	—	$	169.5	$	64.2	$	56.9	$	—	$	121.1
Liabilities
Derivatives:
Commodity contracts	$	9.8	$	0.7	$	—	$	10.5	$	—	$	8.6	$	—	$	8.6
Foreign exchange contracts	—		0.2		—		0.2		—		0.7		—		0.7
Total	$	9.8	$	0.9	$	—	$	10.7	$	—	$	9.3	$	—	$	9.3

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 October 28, 2012 and April 29, 2012.

	October 28, 2012				April 29, 2012
	Fair Value		Carrying Value		Fair Value		Carrying Value
	(in millions)
Long-term debt, including current portion	$	2,437.3	$	2,323.9	$	2,176.5	$	1,937.3