XML 113 R51.htm IDEA: XBRL DOCUMENT v2.4.1.9
MERGER AND ACQUISITIONS Merger Assets Acquired (Details) (USD $)
1 Months Ended
Sep. 26, 2013
Dec. 28, 2014
Sep. 27, 2013
Business Acquisition [Line Items]      
Cash and cash equivalents   $ 250,500,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents  
Accounts receivable   764,600,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables  
Inventories   2,504,700,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory  
Property, plant and equipment, net   2,719,200,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment  
Goodwill   1,631,500,000us-gaap_Goodwill 1,622,500,000us-gaap_Goodwill
Investments   479,100,000sfd_BusinessCombinationRecognizedIdentifiablesAssetsAcquiredandLiabilitiesAssumedInvestments  
Intangible assets   1,403,000,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill  
Other assets   171,700,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets  
Assets acquired   10,138,500,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets  
Current portion of long-term debt and capital lease obligations   239,100,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt  
Accounts payable   535,300,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable  
Accrued expenses and other current liabilities   590,800,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther  
Long-term debt and capital lease obligations   2,509,100,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt  
Net long-term pension liability   522,800,000sfd_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedNetLongTermPensionLiability  
Deferred income taxes, net   664,400,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilitiesNoncurrent  
Other liabilities   125,800,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther  
Liabilities assumed   5,187,300,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities  
Noncontrolling interests   48,200,000us-gaap_BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue  
Purchase price   4,903,000,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets   214,200,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets  
Trademarks [Member] | WH Group      
Business Acquisition [Line Items]      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets 1,300,000,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
/ us-gaap_BusinessAcquisitionAxis
= sfd_WHGroupMember
/ us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_TrademarksMember
   
Contractual Rights | WH Group      
Business Acquisition [Line Items]      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 3,000,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= sfd_WHGroupMember
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_ContractualRightsMember
   
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 12 years    
Contractual Relationships [Member] | WH Group      
Business Acquisition [Line Items]      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 40,000,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= sfd_WHGroupMember
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= sfd_ContractualRelationshipsMember
   
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 17 years    
Customer Relationships | WH Group      
Business Acquisition [Line Items]      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles $ 55,000,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= sfd_WHGroupMember
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_CustomerRelationshipsMember
   
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 14 years