XML 35 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
INVESTMENTS (Tables)
 3 Months Ended
Mar. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments [Table Text Block]
Investments consist of the following:
Equity Investment
 
% Owned
 
March 30,
2014
 
December 29,
2013
 
 
 
 
(in millions)
Campofrío Food Group (CFG)
 
37%
 
$
358.8

 
$
351.4

Mexican joint ventures
 
50%
 
127.6

 
118.0

Other
 
Various
 
27.1

 
27.1

Total investments
 
 
 
$
513.5

 
$
496.5

 
Schedule of Equity in (Income) Loss of Equity Method Investments [Table Text Block]
Income from equity method investments consists of the following:
 
 
 
 
Successor
 
Predecessor
 
 
 
 
Three Months Ended
Equity Investment
 
Segment
 
March 30, 2014
 
March 31, 2013
 
 
 
 
(in millions)
CFG (1)
 
International
 
$
(3.1
)
 
$
(3.6
)
Mexican joint ventures
 
International
 
(11.8
)
 
(4.0
)
All other equity method investments
 
Various
 
(0.2
)
 
(0.2
)
Income from equity method investments
 
 
 
$
(15.1
)
 
$
(7.8
)
——————————————
(1) 
CFG prepares its financial statements in accordance with International Financial Reporting Standards. Our share of CFG’s results reflects U.S. GAAP adjustments and thus, there may be differences between the amounts we report for CFG and the amounts reported by CFG.