FAIR VALUE MEASUREMENTS Fair Value Measurements (Tables)

12 Months Ended

Apr. 28, 2013

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 28, 2013 and April 29, 2012:



	April 28, 2013								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	$	6.8	$	—	$	—	$	6.8	$	52.0	$	1.3	$	—	$	53.3
Foreign exchange contracts	—		0.8		—		0.8		—		4.3		—		4.3
Open-ended mutual funds	6.4		—		—		6.4		12.2		—		—		12.2
Insurance contracts	—		60.0		—		60.0		—		51.3		—		51.3
Total	$	13.2	$	60.8	$	—	$	74.0	$	64.2	$	56.9	$	—	$	121.1

Liabilities
Derivatives:
Commodity contracts	$	30.5	$	37.1	$	—	$	67.6	$	—	$	8.6	$	—	$	8.6
Foreign exchange contracts	—		0.4		—		0.4		—		0.7		—		0.7
Total	$	30.5	$	37.5	$	—	$	68.0	$	—	$	9.3	$	—	$	9.3

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 28, 2013 and April 29, 2012:



	April 28, 2013								April 29, 2012
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	(in millions)								(in millions)
Cash and cash equivalents	$	40.0	$	—	$	—	$	40.0	$	22.4	$	—	$	—	$	22.4

Equity securities:
Preferred stock	—		0.6		—		0.6		—		0.5		—		0.5
U.S. common stock:
Health care	23.3		—		—		23.3		22.7		—		—		22.7
Financial services	25.1		—		—		25.1		21.8		—		—		21.8
Retail and consumer products	90.7		—		—		90.7		117.9		—		—		117.9
Energy	8.9		—		—		8.9		11.4		—		—		11.4
Information technology	22.0		—		—		22.0		30.8		—		—		30.8
Manufacturing and industrials	18.0		—		—		18.0		18.6		—		—		18.6
Telecommunications	6.7		—		—		6.7		9.5		—		—		9.5
International common stock	104.4		—		—		104.4		103.6		—		—		103.6
Mutual funds:
International	—		82.8		—		82.8		—		30.1		—		30.1
Domestic small cap	—		23.2		—		23.2		—		19.8		—		19.8
Domestic large cap	—		2.2		—		2.2		—		2.5		—		2.5
Balanced	—		3.4		—		3.4		—		37.8		—		37.8

Fixed income:
Mutual funds	—		26.0		—		26.0		—		11.3		—		11.3
Asset-backed securities	—		16.0		—		16.0		—		92.0		—		92.0
Emerging markets securities	—		16.2		—		16.2		—		—		—		—
Corporate debt securities	—		366.6		—		366.6		—		285.5		—		285.5
Government debt securities	—		130.8		—		130.8		—		106.4		—		106.4

Alternative investments:
Diversified investment funds	—		51.2		—		51.2		—		—		—		—
Domestic options contracts	—		4.7		—		4.7		—		—		—		—
Futures contracts	—		1.2		—		1.2		—		—		—		—

Limited partnerships	—		—		40.1		40.1		—		—		75.0		75.0

Insurance contracts	—		—		1.2		1.2		—		—		1.6		1.6

Total fair value	$	339.1	$	724.9	$	41.3	1,105.3		$	358.7	$	585.9	$	76.6	1,021.2
Unsettled transactions, net							5.3								2.3
Total plan assets							$	1,110.6							$	1,023.5

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 28, 2013 and April 29, 2012:



	Insurance Contracts			Limited Partnerships
	(in millions)
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

Actual return on plan assets:
Related to assets held at the reporting date	—			(10.9		)
Related to assets sold during the period	—			2.4
Purchases, sales and settlements, net	(0.4		)	(26.4		)
Balance, April 28, 2013	$	1.2		$	40.1

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 28, 2013 and April 29, 2012.



	April 28, 2013				April 29, 2012
	Fair Value		Carrying Value		Fair Value		Carrying Value
	(in millions)
Total Debt	$	2,732.9	$	2,479.1	$	2,176.5	$	1,937.3