RELATED PARTY TRANSACTIONS

12 Months Ended

Jan. 03, 2016

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

The following table presents amounts owed from and to related parties as of January 3, 2016 and December 28, 2014: 

	January 3, 2016		December 28, 2014
	(in millions)
Current receivables from related parties	$	15.5	$	2.5
Total receivables from related parties	$	15.5	$	2.5
Current payables to related parties	5.3		1.2
Total payables to related parties	$	5.3	$	1.2

We had sales of $315.6 million, $183.2 million and $10.2 million, during 2015, 2014 and the three months ended December 29, 2013, respectively, to other subsidiaries of WH Group.

One of our vice presidents of our Hog Production segment holds an ownership interest in JCT LLC (JCT). JCT owns certain farms that produce hogs under contract with the Hog Production segment. During 2015, 2014, the eight months ended December 29, 2013 and the twelve months ended April 28, 2013, we paid $1.9 million, $1.7 million, $1.4 million and $6.2 million, respectively, to JCT for the production of hogs. During 2015, the eight months ended December 29, 2013 and the twelve months ended April 28, 2013, we received $0.1 million, $0.2 million and $2.6 million, respectively, from JCT for reimbursement of associated farm and other support costs. We did not receive any reimbursement of associated farm or other support costs from JCT during 2014.

Also, multiple other vice presidents of the Hog Production segment hold ownership interests in Seacoast, LLC, Advantage Farms, LLC, Old Oak Farms LLC, Pork Partners, Inc. and Lisbon 1 Farms Inc. These companies produce and raise hogs for us under contractual arrangements that are consistent with third party grower contracts. During 2015, 2014, the eight months ended December 29, 2013 and the twelve months ended April 28, 2013, we paid service fees of $2.4 million, $2.8 million, $1.1 million and $1.5 million, respectively, to these companies. In 2015, 2014 and the twelve months ended April 28, 2013, we received $0.1 million, $0.1 million and $0.2 million, respectively, from these companies for reimbursement of associated farm and other support costs. We did not receive any reimbursement of associated farm or other support costs during the eight months ended December 29, 2013.

Wendell Murphy, a former director of the Company, and his immediate family members hold ownership interests in multiple farms that conduct business with us. These farms either produce hogs for us or produce and sell feed ingredients to us. In the twelve months ended April 28, 2013, we paid $51.6 million to these entities for hogs, feed ingredients and reimbursement of associated farm and other support costs. As a result of the Merger, Mr. Murphy is no longer a director of the Company.

We believe that the terms of the foregoing arrangements were no less favorable to us than if entered into with unaffiliated companies.