INCOME TAXES Income Taxes (Tables)

12 Months Ended

Dec. 28, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax expense consists of the following: 

	Successor					Predecessor
	Twelve Months Ended								Twelve Months Ended
	December 28, 2014			September 27 - December 29, 2013		April 29 - September 26, 2013			April 28, 2013			April 29, 2012
	(in millions)
Current income tax expense:
Federal	$	122.5		$	0.2	$	13.8		$	39.8		$	72.7
State	16.2			0.9		0.1			6.1			8.4
Foreign	16.3			0.2		2.5			5.5			1.1
	155.0			1.3		16.4			51.4			82.2
Deferred income tax expense (benefit):
Federal	43.6			7.4		7.1			(2.6		)	82.1
State	26.4			1.7		(11.4		)	(10.5		)	11.2
Foreign	(8.0		)	5.4		0.6			7.8			(3.1		)
	62.0			14.5		(3.7		)	(5.3		)	90.2
Total income tax expense	$	217.0		$	15.8	$	12.7		$	46.1		$	172.4

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of taxes computed at the federal statutory rate to the effective tax rate is as follows: 

	Successor				Predecessor
	Twelve Months Ended						Twelve Months Ended
	December 28, 2014		September 27 - December 29, 2013		April 29 - September 26, 2013		April 28, 2013		April 29, 2012
Federal income taxes at statutory rate	35.0	%	35.0	%	35.0	%	35.0	%	35.0	%
State income taxes, net of federal tax benefit	3.5		3.8		(10.6	)	(0.2	)	2.1
Foreign income taxes	(3.4	)	16.4		10.4		(1.7	)	(0.2	)
Net change in uncertain tax positions	—		(1.8	)	(1.3	)	0.6		(2.4	)
Net change in valuation allowance	(0.8	)	(20.1	)	(10.1	)	(4.8	)	(0.9	)
Tax credits	(0.8	)	(4.5	)	(6.5	)	(5.7	)	(1.0	)
Manufacturer's deduction	(1.6	)	(0.6	)	(0.2	)	(1.5	)	(1.7	)
Foreign restructuring	(2.3	)	—		—		—		—
Other	(1.5	)	3.1		3.0		(1.6	)	1.4
Effective tax rate	28.1	%	31.3	%	19.7	%	20.1	%	32.3	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences consist of the following: 

	December 28, 2014			December 29, 2013
	(in millions)
Deferred tax assets:
Pension and other retirement liabilities	$	222.3		$	160.8
Tax credits, carryforwards and net operating losses	54.8			68.0
Accrued expenses and other current liabilities	46.8			49.8
Derivatives	—			28.8
Employee benefits	24.8			26.6
Other	26.8			28.3
	375.5			362.3
Valuation allowance	(34.9		)	(42.3		)
Total deferred tax assets	$	340.6		$	320.0
Deferred tax liabilities:
Property, plant and equipment	$	508.6		$	518.1
Intangible assets	434.2			415.7
Derivatives	9.7			—
Investments in subsidiaries	20.0			65.6
Total deferred tax liabilities	$	972.5		$	999.4

Schedule of Classification of Deferred Taxes on Balance Sheet [Table Text Block]

The following table presents the classification of deferred taxes in our balance sheets as of December 28, 2014 and December 29, 2013: 

	December 28, 2014		December 29, 2013
	(in millions)
Prepaids and other current assets	$	65.6	$	66.5
Other assets	—		—
Deferred income taxes, net	697.5		745.9

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of the beginning and ending liability for unrecognized tax benefits is as follows:

	(in millions)
Balance, April 29, 2012	$	15.3
Additions for tax positions taken in the current year	3.9
Reduction for tax positions taken in prior years	(1.8		)
Settlements with taxing authorities	(1.0		)
Lapse of statute of limitations	(0.7		)
Balance, April 28, 2013	15.7
Additions for tax positions taken in the current year	1.6
Reduction for tax positions taken in prior years	(0.2		)
Settlements with taxing authorities	(2.1		)
Lapse of statute of limitations	(1.1		)
Balance, December 29, 2013	13.9
Additions for tax positions taken in the current year	2.4
Additions for tax positions taken in prior years	0.4
Settlements with taxing authorities	(1.7		)
Lapse of statute of limitations	(1.3		)
Balance, December 28, 2014	$	13.7