10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q 

(Mark One)
ý	Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the Quarterly Period Ended June 30, 2014

or

¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the Transition Period from              to             

Commission File Number 001-12755

Dean Foods Company

(Exact name of the registrant as specified in its charter)

Delaware	75-2559681
(State or other jurisdiction of incorporation or organization)	(I.R.S. employer identification no.)

2711 North Haskell Avenue, Suite 3400

Dallas, Texas 75204

(214) 303-3400

(Address, including zip code, and telephone number, including area code, of the registrant’s principal executive offices)

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  ý    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  ý    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer)”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act (Check one):

Large accelerated filer	ý		Accelerated filer	¨
Non-accelerated filer	¨	(Do not check if a smaller reporting company)	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.)    Yes  ¨    No  ý

As of August 4, 2014, the number of shares of the registrant's common stock outstanding was: 93,773,362.

Common Stock, par value $.01

Table of Contents

			Page
Part I — Financial Information
Item 1	—	Condensed Consolidated Financial Statements (Unaudited)	3
Item 2	—	Management’s Discussion and Analysis of Financial Condition and Results of Operations	35
Item 3	—	Quantitative and Qualitative Disclosures About Market Risk	47
Item 4	—	Controls and Procedures	48
Part II — Other Information
Item 1	—	Legal Proceedings	49
Item 1A	—	Risk Factors	49
Item 2	—	Unregistered Sales of Equity Securities and Use of Proceeds	50
Item 6	—	Exhibits	51
Signatures			52

2

Part I — Financial Information

Item 1. Condensed Consolidated Financial Statements

DEAN FOODS COMPANY

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands, except share data)

	June 30, 2014			December 31, 2013
ASSETS
Current assets:
Cash and cash equivalents	$	59,764		$	16,762
Receivables, net allowances of $12,842 and $12,083	718,921			752,234
Income tax receivable	79,881			15,915
Inventories	269,803			262,858
Deferred income taxes	43,483			60,143
Prepaid expenses and other current assets	40,150			42,786
Total current assets	1,212,002			1,150,698
Property, plant and equipment, net	1,183,854			1,216,047
Goodwill	86,841			86,841
Identifiable intangible and other assets, net	295,965			312,836
Deferred income taxes	24,660			35,623
Total	$	2,803,322		$	2,802,045
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	738,173		$	761,288
Current portion of debt	698			698
Current portion of litigation settlements	18,605			19,101
Total current liabilities	757,476			781,087
Long-term debt	985,641			896,564
Deferred income taxes	126,615			100,691
Other long-term liabilities	242,069			273,314
Long-term litigation settlements	16,519			36,074
Commitments and contingencies (Note 12)
Stockholders’ equity:
Preferred stock, none issued	—			—
Common stock, 93,756,901 and 94,831,377 shares issued and outstanding, with a par value of $0.01 per share	938			948
Additional paid-in capital	759,621			791,276
Accumulated deficit	(30,320		)	(20,719		)
Accumulated other comprehensive loss	(55,237		)	(57,190		)
Total stockholders’ equity	675,002			714,315
Total	$	2,803,322		$	2,802,045

See Notes to Condensed Consolidated Financial Statements.

3

DEAN FOODS COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

(In thousands, except share data)

	Three Months Ended   June 30						Six Months Ended   June 30
	2014			2013			2014			2013
Net sales	$	2,393,869		$	2,227,542		$	4,734,909		$	4,519,972
Cost of sales	1,994,781			1,755,242			3,919,646			3,552,440
Gross profit	399,088			472,300			815,263			967,532
Operating costs and expenses:
Selling and distribution	334,932			331,678			674,311			671,675
General and administrative	70,777			86,388			143,076			171,352
Amortization of intangibles	717			925			1,461			1,875
Facility closing and reorganization costs	728			4,939			1,705			10,549
Litigation settlements	—			(1,019		)	(2,521		)	(1,019		)
Impairment of long-lived assets	—			3,604			—			37,519
Other operating (income) loss	(4,535		)	2,209			(4,535		)	2,209
Total operating costs and expenses	402,619			428,724			813,497			894,160
Operating income (loss)	(3,531		)	43,576			1,766			73,372
Other (income) expense:
Interest expense	15,221			90,122			30,244			149,771
Other (income) expense, net	48			(528		)	(273		)	(363		)
Total other expense	15,269			89,594			29,971			149,408
Loss from continuing operations before income taxes	(18,800		)	(46,018		)	(28,205		)	(76,036		)
Income tax benefit	(17,837		)	(13,961		)	(17,450		)	(23,239		)
Loss from continuing operations	(963		)	(32,057		)	(10,755		)	(52,797		)
Income (loss) from discontinued operations, net of tax	—			(21,761		)	—			2,891
Gain (loss) on sale of discontinued operations, net of tax	318			(65		)	1,154			491,820
Net income (loss)	(645		)	(53,883		)	(9,601		)	441,914
Net loss attributable to non-controlling interest in discontinued operations	—			(2,987		)	—			(6,179		)
Net income (loss) attributable to Dean Foods Company	$	(645	)	$	(56,870	)	$	(9,601	)	$	435,735
Average common shares (1):
Basic	93,561,305			93,417,417			93,977,672			93,215,130
Diluted	93,561,305			93,417,417			93,977,672			93,215,130
Basic earnings (loss) per common share (1):
Loss from continuing operations	$	(0.01	)	$	(0.34	)	$	(0.11	)	$	(0.57	)
Income (loss) from discontinued operations attributable to Dean Foods Company	—			(0.27		)	0.01			5.24
Net income (loss) attributable to Dean Foods Company	$	(0.01	)	$	(0.61	)	$	(0.10	)	$	4.67
Diluted earnings (loss) per common share (1):
Loss from continuing operations	$	(0.01	)	$	(0.34	)	$	(0.11	)	$	(0.57	)
Income (loss) from discontinued operations attributable to Dean Foods Company	—			(0.27		)	0.01			5.24
Net income (loss) attributable to Dean Foods Company	$	(0.01	)	$	(0.61	)	$	(0.10	)	$	4.67
Cash dividends declared per common share	$	0.07		$	—		$	0.14		$	—

(1) For the periods ended June 30, 2013, basic and diluted earnings (loss) per common share and average basic and diluted shares outstanding have been adjusted retroactively to reflect a 1-for-2 reverse stock split effected August 26, 2013.

See Notes to Condensed Consolidated Financial Statements.

4

DEAN FOODS COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

(In thousands)

	Three Months Ended   June 30						Six Months Ended   June 30
	2014			2013			2014			2013
Net income (loss)	$	(645	)	$	(53,883	)	$	(9,601	)	$	441,914
Other comprehensive income (loss):
Cumulative translation adjustments	166			4,533			721			(10,517		)
Net change in fair value of derivative instruments, net of tax	(69		)	37,697			(85		)	58,156
Net pension and other postretirement liability adjustment, net of tax	832			2,088			1,537			4,939
Unrealized gain on available-for-sale securities	—			385,552			—			385,552
Reclassification to income statement related to de-designation of cash flow hedges	—			—			(220		)	—
Other comprehensive income	929			429,870			1,953			438,130
Comprehensive income (loss)	284			375,987			(7,648		)	880,044
Comprehensive income attributable to non-controlling interest	—			3,649			—			4,795
Comprehensive income (loss) attributable to Dean Foods Company	$	284		$	372,338		$	(7,648	)	$	875,249

See Notes to Condensed Consolidated Financial Statements.

5

DEAN FOODS COMPANY

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

(Unaudited)

(In thousands, except share data)

	Common Stock								Retained Earnings (Accumulated Deficit)			Accumulated Other Comprehensive Income (Loss)			Total Stockholders’ Equity
	Shares		Amount			Additional Paid-In Capital
Balance, December 31, 2013	94,831,377		$	948		$	791,276		$	(20,719	)	$	(57,190	)	$	714,315
Issuance of common stock, net of tax impact of share-based compensation	652,799		7			4,170			—			—			4,177
Share-based compensation expense	—		—			2,247			—			—			2,247
Repurchase of common stock	(1,727,275	)	(17		)	(24,983		)	—			—			(25,000		)
Cash dividends paid						(13,089		)	—			—			(13,089		)
Net loss	—		—			—			(9,601		)	—			(9,601		)
Other comprehensive income (loss):
Change in fair value of derivative instruments, net of tax benefit of $21	—		—			—			—			(85		)	(85		)
Amounts reclassified to income statement related to de-designation of cash flow hedges, net of tax benefit of $139	—		—			—			—			(220		)	(220		)
Cumulative translation adjustment	—		—			—			—			721			721
Pension and other postretirement benefit liability adjustment, net of tax of $1,531	—		—			—			—			1,537			1,537
Balance, June 30, 2014	93,756,901		$	938		$	759,621		$	(30,320	)	$	(55,237	)	$	675,002

See Notes to Condensed Consolidated Financial Statements.

6

DEAN FOODS COMPANY

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

(Unaudited)

(In thousands, except share data)

	Dean Foods Company Stockholders
	Common Stock(1)						Retained			Accumulated			Non- controlling Interest			Total Stockholders’ Equity
	Shares	Amount		Additional Paid-In Capital(1)			Earnings (Accumulated Deficit)			Other Comprehensive Income (Loss)
Balance, December 31, 2012	92,781,767	$	928	$	1,376,740		$	(833,897	)	$	(186,584	)	$	102,441		$	459,628
Issuance of common stock, net of tax impact of share-based compensation	992,542	10		4,587			—			—			—			4,597
Share-based compensation expense	—	—		8,541			—			—			—			8,541
Share-based compensation expense for subsidiary shares	—	—		—			—			—			7,733			7,733
Net income attributable to non-controlling interest	—	—		—			—			—			6,179			6,179
Net income attributable to Dean Foods Company	—	—		—			435,735			—			—			435,735
Other comprehensive income (loss):
Change in fair value of derivative instruments, net of tax benefit of $41	—	—		—			—			(154		)	10			(144		)
Amounts reclassified to income statement related to hedging activities, net of tax of $36,710	—	—		—			—			58,300			—			58,300
Cumulative translation adjustment	—	—		—			—			(9,119		)	(1,398		)	(10,517		)
Pension and other postretirement benefit liability adjustment, net of tax of $2,807	—	—		—			—			4,935			4			4,939
Unrealized gain on available-for-sale securities	—	—		—			—			385,552			—			385,552
Spin-Off of The WhiteWave Foods Company	—	—		(617,082		)	—			33,025			(114,969		)	(699,026		)
Balance, June 30, 2013	93,774,309	$	938	$	772,786		$	(398,162	)	$	285,955		$	—		$	661,517

(1) Common Stock and Additional Paid-In Capital at December 31, 2012 and June 30, 2013 have been adjusted retroactively to reflect a 1-for-2 reverse stock split effected August 26, 2013.

See Notes to Condensed Consolidated Financial Statements.

7

DEAN FOODS COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

(In thousands)

	Six Months Ended   June 30
	2014			2013
Cash flows from operating activities:
Net income (loss)	$	(9,601	)	$	441,914
Income from discontinued operations, net of tax	—			(2,891		)
Gain on sale of discontinued operations, net of tax	(1,154		)	(491,820		)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:
Depreciation and amortization	81,694			89,387
Share-based compensation expense	5,250			13,594
Gain on divestitures and other, net	(6,420		)	(1,021		)
Impairment of long-lived assets	—			37,519
Write-off of financing costs	—			1,426
Recognition of accumulated losses from de-designated cash flow hedges	—			63,454
Deferred income taxes	51,197			(17,001		)
Litigation settlement adjustment	(2,521		)	—
Other, net	1,834			285
Changes in operating assets and liabilities:
Receivables, net	32,633			41,829
Inventories	(6,778		)	(11,427		)
Prepaid expenses and other assets	13,402			(1,950		)
Accounts payable and accrued expenses	(51,259		)	(152,193		)
Termination of interest rate swap liability	—			(28,147		)
Income tax receivable/payable	(64,404		)	(208,964		)
Long-term litigation settlements	(18,605		)	(19,082		)
Net cash provided by (used in) operating activities-continuing operations	25,268			(245,088		)
Net cash provided by operating activities-discontinued operations	—			14,174
Net cash provided by (used in) operating activities	25,268			(230,914		)
Cash flows from investing activities:
Payments for property, plant and equipment	(53,622		)	(48,992		)
Proceeds from sale of fixed assets	17,556			4,271
Net cash used in investing activities-continuing operations	(36,066		)	(44,721		)
Net cash provided by investing activities-discontinued operations	—			1,403,494
Net cash provided by (used in) investing activities	(36,066		)	1,358,773
Cash flows from financing activities:
Repayments of debt	(329		)	(1,027,196		)
Proceeds from senior secured revolver	1,317,194			510,750
Payments for senior secured revolver	(1,315,935		)	(658,750		)
Proceeds from receivables-backed facility	1,281,000			388,000
Payments for receivables-backed facility	(1,194,000		)	(296,000		)
Common stock repurchase	(25,000		)	—
Cash dividends paid	(13,089		)	—
Payments of financing costs	(1,107		)	(575		)
Issuance of common stock, net of share repurchases for withholding taxes	4,953			8,785
Tax savings on share-based compensation	284			172
Net cash provided by (used in) financing activities-continuing operations	53,971			(1,074,814		)
Net cash used in financing activities-discontinued operations	—			(51,584		)
Net cash provided by (used in) financing activities	53,971			(1,126,398		)
Effect of exchange rate changes on cash and cash equivalents	(171		)	(155		)
Increase in cash and cash equivalents	43,002			1,306
Cash and cash equivalents, beginning of period	16,762			24,657
Cash and cash equivalents, end of period	$	59,764		$	25,963

See Notes to Condensed Consolidated Financial Statements.

8

DEAN FOODS COMPANY

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Three and Six Months Ended June 30, 2014 and 2013

(Unaudited)

1. General

Nature of Our Business — We are a leading food and beverage company and the largest processor and direct-to-store distributor of milk and other dairy and dairy case products in the United States. We have aligned our leadership teams, operating strategies and supply chain initiatives under a single operating and reportable segment. We process and distribute fluid milk and other dairy products, including ice cream, ice cream mix and cultured products, which are marketed under more than 50 local and regional dairy brands and a wide array of private labels. We also produce and distribute TruMoo^®, which is our nationally branded, reformulated flavored milk, as well as juices, teas, bottled water and other products.

Basis of Presentation — The unaudited Condensed Consolidated Financial Statements contained in this Quarterly Report on Form 10-Q have been prepared on the same basis as the Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2013 (the “2013 Annual Report on Form 10-K”), which we filed with the Securities and Exchange Commission on February 24, 2014. In our opinion, we have made all necessary adjustments (which include only normal recurring adjustments) to present fairly, in all material respects, our consolidated financial position, results of operations and cash flows as of the dates and for the periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted. Our results of operations for the three and six month period ended June 30, 2014 may not be indicative of our operating results for the full year. The unaudited Condensed Consolidated Financial Statements contained in this Quarterly Report on Form 10-Q should be read in conjunction with the Consolidated Financial Statements contained in our 2013 Annual Report on Form 10-K.

In August 2013, we effected a 1-for-2 reverse stock split of our issued common stock. Each stockholder’s percentage ownership and proportional voting power remained unchanged as a result of the reverse stock split. All applicable share data, per share amounts and related information in the unaudited Condensed Consolidated Financial Statements and notes thereto have been adjusted retroactively to give effect to the 1-for-2 reverse stock split.

Unless otherwise indicated, references in this report to “we,” “us” or “our” refer to Dean Foods Company and its subsidiaries, taken as a whole.

Recently Issued Accounting Pronouncements

In April 2014, the Financial Accounting Standards Board ("FASB") issued FASB Accounting Standards Update ("ASU") No. 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity, which changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. We are required to adopt the standard prospectively for new disposals and new classifications of disposal groups as held for sale beginning the first quarter of 2015. We do not expect the adoption of this standard to have a material impact on our financial statements.

In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. ASU 2014-09 supersedes the revenue recognition requirements in “Revenue Recognition (Topic 605)”, and requires entities to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is not permitted. We are currently evaluating the effect that the adoption of this standard will have on our financial statements.

In June 2014, the FASB issued ASU No. 2014-12, Compensation — Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. The amendments in this update require that a performance target that affects vesting and that could be achieved after the requisite service period should be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718 as it relates to awards with performance conditions that affect vesting to account for such awards. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. ASU 2014-12 is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted. We are currently evaluating the effect that the adoption of this standard will have on our financial statements.

9

2. Discontinued Operations

WhiteWave and Morningstar

We separated The WhiteWave Foods Company ("WhiteWave") from the Company in a series of three transactions: an initial public offering for 13.3% of the WhiteWave common stock in the fourth quarter of 2012; a tax-free spin-off of 66.8% of the WhiteWave common stock in the second quarter of 2013; and a tax-free debt-for-equity exchange of 19.9% of the WhiteWave common stock in the third quarter of 2013. Refer to our 2013 Annual Report on Form 10-K for more information about the WhiteWave separation. While we are a party to a separation and distribution agreement and various other agreements relating to the separation, including a transitional services agreement, an amended and restated tax matters agreement, an employee matters agreement and certain other commercial agreements, we have determined that the continuing cash flows generated by these agreements (which are not expected to extend beyond December 2014) did not constitute significant continuing involvement in the operations of WhiteWave. Accordingly, the net assets, operating results and cash flows of WhiteWave have been separately reflected as discontinued operations for the three and six months ended June 30, 2013. WhiteWave is a stand-alone public company which separately reports its financial results.

In January 2013, we completed the sale of Morningstar Foods ("Morningstar") to a third party for net proceeds of approximately $1.45 billion. During the six months ended June 30, 2013, we recorded a gain of $871.3 million ($492.1 million, net of tax) on the sale of Morningstar in January of 2013. The operating results of Morningstar have been included in discontinued operations for the three and six months ended June 30, 2013.

The following is a summary of operating results and certain other directly attributable expenses, including interest expense, which are included in discontinued operations:

	Three Months Ended June 30, 2013									Six Months Ended June 30, 2013
	WhiteWave			Morningstar			Total			WhiteWave			Morningstar			Total
	(In thousands)
Operations:
Net sales	$	354,085		$	—		$	354,085		$	940,431		$	5,919		$	946,350
Income before income taxes	19,976			(500		)	19,476			57,126			109			57,235
Income tax	(41,431		)	194			(41,237		)	(54,306		)	(38		)	(54,344		)
Net income (loss)	$	(21,455	)	$	(306	)	$	(21,761	)	$	2,820		$	71		$	2,891

The following is a summary of directly attributable transaction expenses which are included in discontinued operations:

	Three Months Ended June 30, 2013		Six Months Ended June 30, 2013
	(In thousands)
WhiteWave	$	9,010	$	12,464
Morningstar	300		300
Total	$	9,310	$	12,764

There were no transaction expenses directly attributable to discontinued operations during the three and six months ended June 30, 2014.

Other

During the three and six months ended June 30, 2014, we recognized net gains of $0.3 million and $1.2 million, respectively, from various taxing authority settlements related to prior discontinued operations.

10

3. Inventories

Inventories, net of obsolescence reserves of $0.4 million and $0.8 million at June 30, 2014 and December 31, 2013, respectively, consisted of the following:

	June 30, 2014		December 31, 2013
	(In thousands)
Raw materials and supplies	$	104,843	$	103,023
Finished goods	164,960		159,835
Total	$	269,803	$	262,858

4. Goodwill and Intangible Assets

Upon completion of the WhiteWave separation, our remaining goodwill of $86.8 million is attributable to our ongoing dairy operations. There were no changes in our goodwill balance during the six months ended June 30, 2014.

The gross carrying amount and accumulated amortization of our intangible assets other than goodwill as of June 30, 2014 and December 31, 2013 are as follows:

	June 30, 2014							December 31, 2013
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(In thousands)
Intangible assets with indefinite lives:
Trademarks	$	221,681	$	—		$	221,681	$	221,681	$	—		$	221,681
Intangible assets with finite lives:
Customer-related and other	49,225		(29,864		)	19,361		49,225		(28,575		)	20,650
Trademarks	8,096		(5,175		)	2,921		8,096		(5,002		)	3,094
Total	$	279,002	$	(35,039	)	$	243,963	$	279,002	$	(33,577	)	$	245,425

Amortization expense on intangible assets for the three months ended June 30, 2014 and 2013 was $0.7 million and $0.9 million, respectively. Amortization expense on intangible assets for the six months ended June 30, 2014 and 2013 was $1.5 million and $1.9 million, respectively. Estimated aggregate intangible asset amortization expense for the next five years is as follows (in millions):

2014	$	2.9
2015	2.9
2016	2.8
2017	2.2
2018	2.0

11

5. Debt

Our outstanding debt as of June 30, 2014 and December 31, 2013 consisted of the following:

	June 30, 2014					December 31, 2013
	Amount Outstanding			Interest Rate		Amount Outstanding			Interest Rate
	(In thousands, except percentages)
Dean Foods Company debt obligations:
Senior secured credit facility	$	51,510		1.66	%*	$	50,250		1.67	%*
Senior notes due 2016	475,697			7.00		475,579			7.00
Senior notes due 2018	23,812			9.75		23,812			9.75
	551,019					549,641
Subsidiary debt obligations:
Senior notes due 2017	133,837			6.90		132,808			6.90
Receivables-backed facility	300,000			0.99		213,000			1.19
Capital lease and other	1,483			—		1,813			—
	435,320					347,621
	986,339					897,262
Less current portion	(698		)			(698		)
Total long-term portion	$	985,641				$	896,564

*    Represents a weighted average rate, including applicable interest rate margins, for the credit facility.

The scheduled maturities of long-term debt at June 30, 2014 were as follows (in thousands):

2014	$	329
2015	656
2016	476,686
2017	442,000
2018	75,322
Thereafter	—
Subtotal	994,993
Less discounts	(8,654		)
Total outstanding debt	$	986,339

Senior Secured Credit Facility — In July 2013, we executed a credit agreement pursuant to which the lenders provided us with a five-year senior secured revolving credit facility in the amount of up to $750 million. Under the agreement, we have the right to request an increase of the aggregate commitment under the credit facility by, and to request incremental term loans or increased revolver commitments of, up to $500 million without the consent of any lenders not participating in such increase, subject to specified conditions. The senior secured credit facility is available for the issuance of up to $200 million of letters of credit and up to $150 million of swing line loans. The facility will terminate in July 2018.

On June 12, 2014, we executed an amendment to the senior secured credit facility which modified the consolidated net leverage ratio covenant to permit a maximum consolidated net leverage ratio of 4.00x for each fiscal quarter ending on or prior to September 30, 2014, and 3.50x for each fiscal quarter ending thereafter; and increasing the amount of permitted restricted payments that may be made during any fiscal year, if any such restricted payment would cause our consolidated net leverage ratio to exceed 3.25x, to $30 million from $20 million. For 2014, our previously completed repurchases of common stock of approximately $25 million are excluded from the $30 million limitation.

In connection with the amendment, the Company paid certain fees of approximately $0.4 million to consenting lenders and other fees which were capitalized and will be amortized to interest expense over the remaining term of the facility.

Loans outstanding under the senior secured credit facility bear interest, at our election, at either the Adjusted LIBO Rate (as defined in the credit agreement) plus a margin of between 1.25% and 2.25% (2.00% as of June 30, 2014 ) based on the leverage ratio (as defined in the credit agreement), or the Alternate Base Rate (as defined in the credit agreement) plus a

12

margin of between 0.25% and 1.25% (1.00% as of June 30, 2014 ) based on the leverage ratio. We are permitted to make optional prepayments of the loans, in whole or in part, without premium or penalty (other than applicable LIBOR breakage costs). Subject to certain exceptions and conditions described in the credit agreement, we are obligated to prepay the credit facility, but without a corresponding commitment reduction, with the net cash proceeds of certain asset sales and with casualty insurance proceeds.

The senior secured credit facility is guaranteed by our existing and future domestic material restricted subsidiaries (as defined in the credit agreement), which are substantially all of our wholly-owned U.S. subsidiaries other than our receivables securitization subsidiaries. The facility is secured by a first priority perfected security interest in substantially all of our and our guarantors' personal property, whether consisting of tangible or intangible property, including a pledge of, and a perfected security interest in, (i) all of the shares of capital stock of the guarantors and (ii) 65% of the shares of our or any guarantor’s first-tier foreign subsidiaries which are material restricted subsidiaries, in each case subject to certain exceptions as set forth in the credit agreement. The collateral does not include any real property, the capital stock and any assets of any unrestricted subsidiary, or any capital stock of any direct or indirect subsidiary of our wholly-owned subsidiary Dean Holding Company ("Legacy Dean") which owns any real property.

The credit agreement governing the senior secured credit facility contains customary representations, warranties and covenants, including but not limited to specified restrictions on indebtedness, liens, guarantee obligations, mergers, acquisitions, consolidations, liquidations and dissolutions, sales of assets, leases, payment of dividends and other restricted payments, investments, loans and advances, transactions with affiliates and sale and leaseback transactions. The credit agreement also contains customary events of default and related cure provisions.

At June 30, 2014, there were outstanding borrowings of $51.5 million under the senior secured revolving credit facility. Our average daily balance under the senior secured revolving credit facility during the six months ended June 30, 2014 was $56.3 million. There were no letters of credit issued under the senior secured revolving credit facility as of June 30, 2014.

Dean Foods Receivables-Backed Facility — We have a $550 million receivables securitization facility pursuant towhich certain of our subsidiaries sell their accounts receivable to two wholly-owned entities intended to be bankruptcy-remote. The entities then transfer the receivables to third-party asset-backed commercial paper conduits sponsored by major financial institutions. The assets and liabilities of these two entities are fully reflected in our unaudited Condensed Consolidated Balance Sheets, and the securitization is treated as a borrowing for accounting purposes. In June 2014, the receivables-backed facility was modified to, among other things, increase the amount available for the issuance of letters of credit from $300 million to $350 million and to extend the liquidity termination date from March 2015 to June 2017.

In connection with the modification, the Company paid certain fees of approximately $0.7 million to consenting lenders and other fees which were capitalized and will be amortized to interest expense over the remaining term of the facility.

Based on the monthly borrowing base formula, we had the ability to borrow up to $550 million of the total commitment amount under the receivables-backed facility as of June 30, 2014. The total amount of receivables sold to these entities as of June 30, 2014 was $660.8 million. During the first six months of 2014 we borrowed $1,281.0 million and repaid $1,194.0 million under the facility with a drawn balance of $300.0 million as of June 30, 2014. Excluding letters of credit in the aggregate amount of $212.3 million, the remaining available borrowing capacity was $37.7 million at June 30, 2014. Our average daily balance under this facility during the six months ended June 30, 2014 was $240.1 million. The receivables-backed facility bears interest at a variable rate based upon commercial paper and one-month LIBO rates plus an applicable margin.

Under the senior secured credit facility and the receivables-backed facility, we are required to comply with (a) a maximum consolidated net leverage ratio of 4.00 to 1.00 for each fiscal quarter ending on or prior to September 30, 2014; and 3.50 to 1.00 for each fiscal quarter ending thereafter; and (b) a minimum consolidated interest coverage ratio of 3.00 to 1.00, in each case, as defined under and calculated in accordance with the terms of the agreements governing our senior secured credit facility and our receivables-backed facility.

We are currently in compliance with all covenants under our credit agreements. On August 11, 2014, we announced our intention to further amend our senior secured credit facility and receivables-backed facility to, among other things, modify the consolidated net leverage ratio covenant to increase our maximum permitted consolidated net leverage ratio as follows: 5.25x for each fiscal quarter ending on or prior to December 31, 2014; 5.00x for each fiscal quarter ending on or prior to March 31, 2015; 4.50x for each fiscal quarter ending on or prior to June 30, 2015; and 4.00x for each fiscal quarter ending thereafter. Pursuant to the proposed amendments, we will also be required to maintain a senior secured net leverage ratio not to exceed 2.50x. Loans outstanding under the senior secured credit facility will bear interest, at our election, at either the Adjusted LIBO Rate (as defined in the credit agreement) plus a margin of between 1.25% and 2.75%, or the Alternate Base Rate (as defined in the credit agreement) plus a margin of between 0.25% and 1.75%, in each case based on our leverage ratio.

13

Based on our current leverage ratio, interest rate margins for borrowings under the senior secured credit facility would increase from 2.25% to 2.50% in the case of Adjusted LIBO Rate loans, and from 1.25% to 1.50% in the case of Alternate Base Rate loans. In addition, advances outstanding under our receivables-backed facility will bear interest between 0.35% and 0.50% based on our leverage ratio, and we will pay a facility fee between 0.45% and 0.60% based on our leverage ratio. Based on our current leverage ratio, interest rates for borrowings under the receivables-backed facility would increase from 0.35% to 0.45%, and the facility fee would increase from 0.45% to 0.55%. We expect these amendments to be entered into later this month, and we would pay customary consent fees and arrangement fees in connection with the amendments. Effectiveness of the amendments is conditioned on board approval, as well as other customary closing conditions.

Standby Letter of Credit — In February 2012, in connection with a litigation settlement agreement we entered into with the plaintiffs in the Tennessee dairy farmer actions, we issued a standby letter of credit in the amount of $80 million, representing the approximate subsequent payments due under the terms of the settlement agreement. The total amount of the letter of credit will decrease proportionately as we make each of the four installment payments. We made installment payments in June of 2014 and 2013. As of June 30, 2014, the letter of credit has been reduced to $37.7 million.

Dean Foods Company Senior Notes due 2018 — In December 2010, we issued $400 million aggregate principal amount of 9.75% senior unsecured notes in a private placement to qualified institutional buyers and in offshore transactions, and in August 2011, we exchanged $400 million of the senior notes for new notes that are registered under the Securities Act of 1933, as amended, and do not have restrictions on transfer, rights to special interest or registration rights. These notes are our senior unsecured obligations and mature in December 2018 with interest payable on June 15 and December 15 of each year. The indenture under which we issued the senior notes due 2018 does not contain financial covenants but does contain covenants that, among other things, limit our ability to incur certain indebtedness, enter into sale-leaseback transactions and engage in mergers, consolidations and sales of all or substantially all of our assets. During the fourth quarter of 2013, we retired $376.2 million principal amount of these notes pursuant to a cash tender offer. The carrying value of these notes on June 30, 2014 was $23.8 million.

Dean Foods Company Senior Notes due 2016 — In 2006, we issued $500 million aggregate principal amount of 7.0% senior unsecured notes. The senior unsecured notes mature in June 2016 and interest is payable on June 1 and December 1 of each year. The indenture under which we issued the senior notes due 2016 does not contain financial covenants but does contain covenants that, among other things, limit our ability to incur certain indebtedness, enter into sale-leaseback transactions and engage in mergers, consolidations and sales of all or substantially all of our assets. During the fourth quarter of 2013, we retired $23.8 million principal amount of these notes pursuant to a cash tender offer. The carrying value of these notes on June 30, 2014 was $475.7 million.

Subsidiary Senior Notes due 2017 — Legacy Dean had certain senior notes outstanding at the time of its acquisition, of which one series ($142 million aggregate principal amount) remains outstanding and matures in October 2017. The carrying value of these notes on June 30, 2014 was $133.8 million at 6.90% interest. The indenture governing the Legacy Dean senior notes does not contain financial covenants but does contain certain restrictions, including a prohibition against Legacy Dean and its subsidiaries granting liens on certain of their real property interests and a prohibition against Legacy Dean granting liens on the stock of its subsidiaries. The Legacy Dean senior notes are not guaranteed by Dean Foods Company or Legacy Dean’s wholly-owned subsidiaries.

See Note 6 for information regarding the fair value of the 2016 and 2018 senior notes and the subsidiary senior notes due 2017 as of June 30, 2014.

Capital Lease Obligations and Other — Capital lease obligations as of June 30, 2014 and December 31, 2013 were comprised of a lease for land and building related to one of our production facilities. See Note 12.

Guarantor Information — The 2016 and 2018 senior notes described above are our unsecured obligations and, except as described below, are fully and unconditionally, jointly and severally guaranteed by substantially all of our 100%-owned U.S. subsidiaries other than our receivables securitization subsidiaries. The following condensed consolidating financial statements present the financial position, results of operations and cash flows of Dean Foods Company (for purposes of this Note 5, “Parent”), the 100%-owned subsidiary guarantors of the senior notes and, separately, the combined results of the 100%-owned subsidiaries that are not a party to the guarantees. The 100%-owned non-guarantor subsidiaries reflect certain foreign and other operations, in addition to our receivables securitization subsidiaries.

14

Upon completion of the WhiteWave IPO, WhiteWave and its wholly-owned domestic subsidiaries were released from their obligations as guarantors for the 2016 and 2018 senior notes. Therefore, the activity and balances allocated to discontinued operations related to WhiteWave have been recast in the tables below for all periods presented to include WhiteWave and its subsidiaries in the non-guarantor column as these parties are no longer guarantors of the 2016 or 2018 senior notes.

	Unaudited Condensed Consolidating Balance Sheet as of June 30, 2014
	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	40,695		$	7,675	$	11,394		$	—		$	59,764
Receivables, net	2,053			69,643		647,225			—			718,921
Income tax receivable	71,922			7,959		—			—			79,881
Inventories	—			269,803		—			—			269,803
Intercompany receivables	—			5,776,395		—			(5,776,395		)	—
Other current assets	(2,430		)	85,809		254			—			83,633
Total current assets	112,240			6,217,284		658,873			(5,776,395		)	1,212,002
Property, plant and equipment, net	—			1,183,812		42			—			1,183,854
Goodwill	—			86,841		—			—			86,841
Identifiable intangible and other assets, net	69,861			250,771		(7		)	—			320,625
Investment in subsidiaries	6,642,069			52,258		—			(6,694,327		)	—
Total	$	6,824,170		$	7,790,966	$	658,908		$	(12,470,722	)	$	2,803,322
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	38,853		$	699,095	$	122		$	103		$	738,173
Intercompany payables	5,470,194			—		306,304			(5,776,498		)	—
Current portion of debt	—			698		—			—			698
Current portion of litigation settlements	18,605			—		—			—			18,605
Total current liabilities	5,527,652			699,793		306,426			(5,776,395		)	757,476
Long-term debt	551,018			134,623		300,000			—			985,641
Other long-term liabilities	53,979			314,481		224			—			368,684
Long-term litigation settlements	16,519			—		—			—			16,519
Total stockholders’ equity	675,002			6,642,069		52,258			(6,694,327		)	675,002
Total	$	6,824,170		$	7,790,966	$	658,908		$	(12,470,722	)	$	2,803,322

15

	Unaudited Condensed Consolidating Balance Sheet as of December 31, 2013
	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	(12,289	)	$	17,433	$	11,618		$	—		$	16,762
Receivables, net	1,932			72,660		677,642			—			752,234
Income tax receivable	10,374			5,541		—			—			15,915
Inventories	—			262,858		—			—			262,858
Intercompany receivables	—			5,728,284		(1		)	(5,728,283		)	—
Other current assets	6,944			95,927		58			—			102,929
Total current assets	6,961			6,182,703		689,317			(5,728,283		)	1,150,698
Property, plant and equipment, net	—			1,215,888		159			—			1,216,047
Goodwill	—			86,841		—			—			86,841
Identifiable intangible and other assets, net	90,269			258,109		81			—			348,459
Investment in subsidiaries	6,633,000			72,345		—			(6,705,345		)	—
Total	$	6,730,230		$	7,815,886	$	689,557		$	(12,433,628	)	$	2,802,045
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	47,284		$	713,625	$	554		$	(175	)	$	761,288
Intercompany payables	5,304,051			—		424,057			(5,728,108		)	—
Current portion of debt	—			698		—			—			698
Current portion of litigation settlements	19,101			—		—			—			19,101
Total current liabilities	5,370,436			714,323		424,611			(5,728,283		)	781,087
Long-term debt	549,641			133,923		213,000			—			896,564
Other long-term liabilities	59,764			314,149		92			—			374,005
Long-term litigation settlements	36,074			—		—			—			36,074
Total stockholders’ equity	714,315			6,653,491		51,854			(6,705,345		)	714,315
Total	$	6,730,230		$	7,815,886	$	689,557		$	(12,433,628	)	$	2,802,045

16

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2014
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Net sales	$	—		$	2,389,910		$	3,959		$	—		$	2,393,869
Cost of sales	—			1,991,705			3,076			—			1,994,781
Gross profit	—			398,205			883			—			399,088
Selling and distribution	—			334,540			392			—			334,932
General and administrative	785			69,567			425			—			70,777
Amortization of intangibles	—			717			—			—			717
Facility closing and reorganization costs	—			728			—			—			728
Other operating income	—			(4,535		)	—			—			(4,535		)
Interest expense	11,206			3,058			957			—			15,221
Other (income) expense, net	(900		)	988			(40		)	—			48
Loss from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(11,091		)	(6,858		)	(851		)	—			(18,800		)
Income tax benefit	(4,404		)	(13,084		)	(349		)	—			(17,837		)
Income (loss) before equity in earnings (loss) of subsidiaries	(6,687		)	6,226			(502		)	—			(963		)
Equity in earnings (loss) of consolidated subsidiaries	6,039			(594		)	—			(5,445		)	—
Income (loss) from continuing operations	(648		)	5,632			(502		)	(5,445		)	(963		)
Gain (loss) on sale of discontinued operations, net of tax	2			(61		)	377			—			318
Net income (loss)	(646		)	5,571			(125		)	(5,445		)	(645		)
Other comprehensive income, net of tax	724			40			165			—			929
Comprehensive income	$	78		$	5,611		$	40		$	(5,445	)	$	284

17

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2013
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated Totals
	(In thousands)
Net sales	$	—		$	2,223,253		$	4,289		$	—	$	2,227,542
Cost of sales	—			1,752,214			3,028			—		1,755,242
Gross profit	—			471,039			1,261			—		472,300
Selling and distribution	—			331,159			519			—		331,678
General and administrative	(362		)	86,357			393			—		86,388
Amortization of intangibles	—			925			—			—		925
Facility closing and reorganization costs	—			4,939			—			—		4,939
Litigation settlements	(1,019		)	—			—			—		(1,019		)
Impairment of long-lived assets	—			3,604			—			—		3,604
Other Operating Income	—			2,209			—			—		2,209
Interest expense	86,124			3,016			982			—		90,122
Other (income) expense, net	400			(536		)	(392		)	—		(528		)
Income (loss) from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(85,143		)	39,366			(241		)	—		(46,018		)
Income tax expense (benefit)	(29,975		)	16,123			(109		)	—		(13,961		)
Income (loss) before equity in earnings (loss) of subsidiaries	(55,168		)	23,243			(132		)	—		(32,057		)
Equity in earnings (loss) of consolidated subsidiaries	(1,702		)	297			—			1,405		—
Income (loss) from continuing operations	(56,870		)	23,540			(132		)	1,405		(32,057		)
Loss from discontinued operations, net of tax	—			—			(21,761		)	—		(21,761		)
Loss on sale of discontinued operations, net of tax	—			(63		)	(2		)	—		(65		)
Net income (loss)	(56,870		)	23,477			(21,895		)	1,405		(53,883		)
Net loss attributable to non-controlling interest	—			—			(2,987		)	—		(2,987		)
Net income (loss) attributable to Dean Foods Company	(56,870		)	23,477			(24,882		)	1,405		(56,870		)
Other comprehensive income, net of tax, attributable to Dean Foods Company	425,212			152			3,844			—		429,208
Comprehensive income (loss) attributable to Dean Foods Company	$	368,342		$	23,629		$	(21,038	)	$	1,405	$	372,338

18

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2014
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Net sales	$	—		$	4,727,964		$	6,945		$	—		$	4,734,909
Cost of sales	—			3,914,178			5,468			—			3,919,646
Gross profit	—			813,786			1,477			—			815,263
Selling and distribution	—			673,619			692			—			674,311
General and administrative	618			141,434			1,024			—			143,076
Amortization of intangibles	—			1,461			—			—			1,461
Facility closing and reorganization costs	—			1,705			—			—			1,705
Litigation settlements	(2,521		)	—			—			—			(2,521		)
Other operating income	—			(4,535		)	—			—			(4,535		)
Interest expense	21,811			6,040			2,393			—			30,244
Other (income) expense, net	(600		)	1,157			(830		)	—			(273		)
Loss from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(19,308		)	(7,095		)	(1,802		)	—			(28,205		)
Income tax benefit	(5,325		)	(11,641		)	(484		)	—			(17,450		)
Income (loss) before equity in earnings (loss) of subsidiaries	(13,983		)	4,546			(1,318		)	—			(10,755		)
Equity in earnings (loss) of consolidated subsidiaries	3,543			(1,410		)	—			(2,133		)	—
Income (loss) from continuing operations	(10,440		)	3,136			(1,318		)	(2,133		)	(10,755		)
Gain (loss) on sale of discontinued operations, net of tax	838			(61		)	377			—			1,154
Net income (loss)	(9,602		)	3,075			(941		)	(2,133		)	(9,601		)
Other comprehensive income, net of tax	1,146			87			720			—			1,953
Comprehensive income (loss)	$	(8,456	)	$	3,162		$	(221	)	$	(2,133	)	$	(7,648	)

19

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2013
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Net sales	$	—		$	4,512,425		$	7,547		$	—		$	4,519,972
Cost of sales	—			3,547,108			5,332			—			3,552,440
Gross profit	—			965,317			2,215			—			967,532
Selling and distribution	—			670,893			782			—			671,675
General and administrative	(365		)	170,837			880			—			171,352
Amortization of intangibles	—			1,875			—			—			1,875
Facility closing and reorganization costs	—			10,549			—			—			10,549
Litigation settlements	(1,019		)	—			—			—			(1,019		)
Impairment of long-lived assets	—			34,105			3,414			—			37,519
Other operating income	—			2,209			—			—			2,209
Interest expense	141,816			5,901			2,054			—			149,771
Other (income) expense, net	400			(174		)	(589		)	—			(363		)
Income (loss) from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(140,832		)	69,122			(4,326		)	—			(76,036		)
Income tax expense (benefit)	(50,284		)	28,818			(1,773		)	—			(23,239		)
Income (loss) before equity in earnings (loss) of subsidiaries	(90,548		)	40,304			(2,553		)	—			(52,797		)
Equity in earnings (loss) of consolidated subsidiaries	526,283			(2,249		)	—			(524,034		)	—
Income (loss) from continuing operations	435,735			38,055			(2,553		)	(524,034		)	(52,797		)
Income from discontinued operations, net of tax	—			—			2,891			—			2,891
Gain (loss) on sale of discontinued operations, net of tax	—			491,825			(5		)	—			491,820
Net income	435,735			529,880			333			(524,034		)	441,914
Net loss attributable to non-controlling interest in discontinued operations	—			—			(6,179		)	—			(6,179		)
Net income (loss) attributable to Dean Foods Company	435,735			529,880			(5,846		)	(524,034		)	435,735
Other comprehensive income (loss), net of tax, attributable to Dean Foods Company	447,267			293			(8,046		)	—			439,514
Comprehensive income (loss) attributable to Dean Foods Company	$	883,002		$	530,173		$	(13,892	)	$	(524,034	)	$	875,249

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	Unaudited Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2014
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Consolidated Totals
	(In thousands)
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	(74,851	)	$	70,368		$	29,751		$	25,268
Cash flows from investing activities:
Payments for property, plant and equipment	—			(53,622		)	—			(53,622		)
Proceeds from sale of fixed assets	—			17,556			—			17,556
Net cash used in investing activities	—			(36,066		)	—			(36,066		)
Cash flows from financing activities:
Repayments of debt	—			(329		)	—			(329		)
Proceeds from senior secured revolver	1,317,194			—			—			1,317,194
Payments for senior secured revolver	(1,315,935		)	—			—			(1,315,935		)
Proceeds from receivables-backed facility	—			—			1,281,000			1,281,000
Payments for receivables-backed facility	—			—			(1,194,000		)	(1,194,000		)
Common stock repurchase	(25,000		)	—			—			(25,000		)
Cash dividend paid	(13,089		)	—			—			(13,089		)
Payments of deferred financing costs	(414		)	—			(693		)	(1,107		)
Issuance of common stock, net of share repurchases	4,953			—			—			4,953
Tax savings on share-based compensation	284			—			—			284
Intercompany	159,842			(43,731		)	(116,111		)	—
Net cash provided by (used in) financing activities	127,835			(44,060		)	(29,804		)	53,971
Effect of exchange rate changes on cash and cash equivalents	—			—			(171		)	(171		)
Increase (decrease) in cash and cash equivalents	52,984			(9,758		)	(224		)	43,002
Cash and cash equivalents, beginning of period	(12,289		)	17,433			11,618			16,762
Cash and cash equivalents, end of period	$	40,695		$	7,675		$	11,394		$	59,764

21

	Unaudited Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2013
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated Totals
	(In thousands)
Cash flows from operating activities:
Net cash provided by (used in) operating activities— continuing operations	$	(283,865	)	$	(58,127	)	$	96,904		$	(245,088	)
Net cash provided by operating activities — discontinued operations	—			—			14,174			14,174
Net cash provided by (used in) operating activities	(283,865		)	(58,127		)	111,078			(230,914		)
Cash flows from investing activities:
Payments for property, plant and equipment	(40		)	(48,952		)	—			(48,992		)
Proceeds from sale of fixed assets	—			4,271			—			4,271
Net cash used in investing activities— continuing operations	(40		)	(44,681		)	—			(44,721		)
Net cash provided by (used in) investing activities — discontinued operations	1,441,322			—			(37,828		)	1,403,494
Net cash provided by (used in) investing activities	1,441,282			(44,681		)	(37,828		)	1,358,773
Cash flows from financing activities:
Repayments of debt	(1,027,196		)	—			—			(1,027,196		)
Proceeds from senior secured revolver	510,750			—			—			510,750
Payments for senior secured revolver	(658,750		)	—			—			(658,750		)
Proceeds from receivables-backed facility	—			—			388,000			388,000
Payments for receivables-backed facility	—			—			(296,000		)	(296,000		)
Payment of financing costs	(575		)	—			—			(575		)
Issuance of common stock, net of share repurchases for withholding taxes	8,785			—			—			8,785
Tax savings on share-based compensation	172			—			—			172
Net change in intercompany balances	2,276			110,964			(113,240		)	—
Net cash provided by (used in) financing activities— continuing operations	(1,164,538		)	110,964			(21,240		)	(1,074,814		)
Net cash used in financing activities — discontinued operations	—			—			(51,584		)	(51,584		)
Net cash provided by (used in) financing activities	(1,164,538		)	110,964			(72,824		)	(1,126,398		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(155		)	(155		)
Increase (decrease) in cash and cash equivalents	(7,121		)	8,156			271			1,306
Cash and cash equivalents, beginning of period	15,242			—			9,415			24,657
Cash and cash equivalents, end of period	$	8,121		$	8,156		$	9,686		$	25,963

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6. Derivative Financial Instruments and Fair Value Measurements

Derivative Financial Instruments

Commodities — We are exposed to commodity price fluctuations, including milk, butterfat, sweeteners and other commodity costs used in the manufacturing, packaging and distribution of our products, such as natural gas, resin and diesel fuel. To secure adequate supplies of materials and bring greater stability to the cost of ingredients and their related manufacturing, packaging and distribution, we routinely enter into forward purchase contracts and other purchase arrangements with suppliers. Under the forward purchase contracts, we commit to purchasing agreed-upon quantities of ingredients and commodities at agreed-upon prices at specified future dates. The outstanding purchase commitment for these commodities at any point in time typically ranges from one month’s to one year’s anticipated requirements, depending on the ingredient or commodity. These contracts are considered normal purchases.

In addition to entering into forward purchase contracts, from time to time we may purchase over-the-counter contracts from our qualified banking partners or enter into exchange-traded commodity futures contracts for raw materials that are ingredients of our products or components of such ingredients. Effective January 1, 2014, we have de-designated all open commodity derivative positions that were previously designated as cash flow hedges. During the first quarter of 2014, we reclassified $0.2 million, net of tax, of hedging activity related to these commodities contracts from accumulated other comprehensive income into operating income. As of the de-designation date, all commodities contracts are now marked to market in our income statement at each reporting period and a derivative asset or liability is recorded on our balance sheet.

Although we may utilize forward purchase contracts and other instruments to mitigate the risks related to commodity price fluctuation, such strategies do not fully mitigate commodity price risk. Adverse movements in commodity prices over the terms of the contracts or instruments could decrease the economic benefits we derive from these strategies.

At June 30, 2014 and December 31, 2013, our derivatives recorded at fair value in our unaudited Condensed Consolidated Balance Sheets consisted of the following:

	Derivative Assets				Derivative Liabilities
	June 30, 2014		December 31, 2013		June 30, 2014		December 31, 2013
	(In thousands)
Derivatives Designated as Hedging Instruments
Commodities contracts — current(1)	$	—	$	714	$	—	$	204
Derivatives not Designated as Hedging Instruments
Commodities contracts — current(1)	600		255		132		114
Total derivatives	$	600	$	969	$	132	$	318

(1) Derivative assets and liabilities that have settlement dates equal to or less than 12 months from the respective balance sheet date are included in other current assets and accounts payable and accrued expenses, respectively, in our unaudited Condensed Consolidated Balance Sheets.

Gains and losses on derivatives designated as cash flow hedges were reclassified from accumulated other comprehensive income to operating income for the three and six months ended June 30, 2013 as follows (in thousands):

	Three Months Ended June 30, 2013			Six Months Ended June 30, 2013
Losses on interest rate swap contracts(1)	$	63,424		$	94,832
(Gains) losses on commodities contracts(2)	(66		)	255
Gains on foreign currency contracts(3)	—			(78		)

(1) Recorded in interest expense in our unaudited Condensed Consolidated Statements of Operations.

(2) Recorded in distribution expense or cost of sales, depending on commodity type, in our unaudited Condensed Consolidated Statements of Operations.

(3) Recorded in cost of sales in our unaudited Condensed Consolidated Statements of Operations.

There was no material hedge ineffectiveness related to our commodities contracts designated as hedging instruments in the three and six months ended June 30, 2013.

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Interest Rates - We have historically entered into interest rate swap agreements that were designated as cash flow hedges against variable interest rate exposure on a portion of our debt, with the objective of minimizing the impact of interest rate fluctuations and stabilizing cash flows. These swap agreements provided hedges for interest on our senior secured credit facility by fixing the LIBOR component of interest rates specified in our prior credit facility at the interest rates specified in the interest rate swap agreements until the indicated expiration dates of these interest rate swap agreements. For the reasons described below, as of June 30, 2013, we no longer have any interest rate swaps outstanding.

As disclosed in Note 2, in January 2013, we completed the sale of Morningstar and used a portion of the proceeds to repay debt. As a result of these repayments, we determined that we no longer had sufficient levels of variable rate debt to support the $1 billion aggregate notional amount of interest rate hedges. Accordingly, in the first quarter of 2013, we terminated these interest rate swaps, and upon termination, we paid the counterparties $28.0 million based on the fair value of the swaps on that date. As we have determined that the forecasted transactions hedged by these swaps were no longer probable, we reclassified total losses of $28.1 million ($17.3 million, net of tax) previously recorded in accumulated other comprehensive income to interest expense during the six months ended June 30, 2013.

In connection with the WhiteWave IPO discussed in Note 2, in the fourth quarter of 2012, we novated certain of our then-outstanding interest rate swaps to WhiteWave. WhiteWave became the sole counterparty to the financial institutions under these swap agreements, and is directly responsible for any required future settlements, and the sole beneficiary of any future receipts of funds, pursuant to the terms of these swaps.

As of the novation date, these swaps were de-designated and subsequent changes in fair value were reflected in our unaudited Condensed Consolidated Statements of Operations, with a non-controlling interest adjustment for the 13.3% economic interest in WhiteWave that we did not own. Upon completion of the WhiteWave spin-off on May 23, 2013, we determined that the underlying hedged forecasted transactions related to these swaps were no longer probable; therefore, during the three months ended June 30, 2013, we reclassified total losses of $63.4 million ($38.9 million, net of tax) previously recorded in accumulated other comprehensive income associated with the swaps to earnings. This non-cash charge was recorded as a component of interest expense in our unaudited Condensed Consolidated Statements of Operations. See Note 9.

Fair Value Measurements

Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering assumptions, we follow a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:

• Level 1 — Quoted prices for identical instruments in active markets.

• Level 2 — Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations, in which all significant inputs are observable in active markets.

• Level 3 — Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

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A summary of our derivative assets and liabilities measured at fair value on a recurring basis as of June 30, 2014 is as follows (in thousands):

	Fair Value as of June 30, 2014		Level 1		Level 2		Level 3
Asset — Commodities contracts	$	600	$	—	$	600	$	—
Liability — Commodities contracts	132		—		132		—

A summary of our derivative assets and liabilities measured at fair value on a recurring basis as of December 31, 2013 is as follows (in thousands):

	Fair Value as of December 31, 2013		Level 1		Level 2		Level 3
Asset — Commodities contracts	$	969	$	—	$	969	$	—
Liability — Commodities contracts	318		—		318		—

Due to their near-term maturities, the carrying amounts of accounts receivable and accounts payable are considered equivalent to fair value. In addition, because the interest rates on our senior secured credit facility, receivables-backed facility, and certain other debt are variable, their fair values approximate their carrying values.

The fair values of our Dean Foods Company senior notes and subsidiary senior notes were determined based on quoted market prices obtained through an external pricing source which derives its price valuations from daily marketplace transactions, with adjustments to reflect the spreads of benchmark bonds, credit risk and certain other variables. We have determined these fair values to be Level 2 measurements as all significant inputs into the quotes provided by our pricing source are observable in active markets. The following table presents the carrying values and fair values of our senior and subsidiary senior notes at June 30, 2014 and December 31, 2013:

	June 30, 2014				December 31, 2013
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(In thousands)
Subsidiary senior notes due 2017	$	133,837	$	155,845	$	132,808	$	153,005
Dean Foods Company senior notes due 2016	475,697		522,616		475,579		527,378
Dean Foods Company senior notes due 2018	23,812		26,253		23,812		26,908

Additionally, we maintain a Supplemental Executive Retirement Plan (“SERP”), which is a nonqualified deferred compensation arrangement for our executive officers and other employees earning compensation in excess of the maximum compensation that can be taken into account with respect to our 401(k) plan. The SERP is designed to provide these employees with retirement benefits from us that are equivalent, as a percentage of total compensation, to the benefits provided to other employees. The assets related to this plan are primarily invested in money market and mutual funds and are held at fair value. We classify these assets as Level 2 as fair value can be corroborated based on quoted market prices for identical or similar instruments in markets that are not active. The following table presents a summary of the SERP assets measured at fair value on a recurring basis as of June 30, 2014 (in thousands):

	Total		Level 1		Level 2		Level 3
Money market	$	3	$	—	$	3	$	—
Mutual funds	2,187		—		2,187		—

The following table presents a summary of the SERP assets measured at fair value on a recurring basis as of December 31, 2013 (in thousands):

	Total		Level 1		Level 2		Level 3
Money market	$	5	$	—	$	5	$	—
Mutual funds	2,103		—		2,103		—

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7. Common Stock and Share-Based Compensation

Adoption of Cash Dividend Policy — In November 2013, we announced that our Board of Directors had adopted a cash dividend policy. Under the policy, holders of our common stock will receive dividends when and as declared by our Board of Directors. Pursuant to the policy, we expect to pay quarterly dividends with an initial quarterly dividend rate of $0.07 per share ($0.28 per share annually). Quarterly dividends of $0.07 per share were paid in March and June of 2014. Our cash dividend policy is subject to modification, suspension or cancellation at any time.

Stock Repurchase Program — Since 1998, our Board of Directors has from time to time authorized the repurchase of our common stock up to an aggregate of $2.38 billion, excluding fees and commissions. We made no share repurchases during the three months ended June 30, 2014 and we repurchased 1,727,275 shares during the six months ended June 30, 2014. We made no share repurchases during the three months or six months ended June 30, 2013. As of June 30, 2014, $275.0 million was available for repurchases under this program (excluding fees and commissions). Our management is authorized to purchase shares from time to time through open market transactions at prevailing prices or in privately negotiated transactions, subject to market conditions and other factors. Shares, when repurchased, are retired.

Stock Options — The following table summarizes stock option activity during the first six months of 2014:

	Options		Weighted Average Exercise Price		Weighted Average Contractual Life (Years)	Aggregate Intrinsic Value
Options outstanding at January 1, 2014	5,055,035		$	19.35
Granted	—		—
Forfeited and canceled	(401,734	)	21.34
Exercised	(449,363	)	14.73
Options outstanding at June 30, 2014	4,203,938		$	19.65	3.48	$	5,809,572
Options exercisable at June 30, 2014	4,072,329		$	19.94	3.35	$	4,915,061

We recognize share-based compensation expense for stock options ratably over the vesting period. The fair value of each option award is estimated on the date of grant using a Black-Scholes valuation model. During each of the six months ended June 30, 2014 and 2013, there were no stock options granted.

Restricted Stock Units — The following table summarizes RSU activity during the first six months of 2014:

	Employees			Directors (2)			Total
Stock units outstanding at January 1, 2014	680,017			96,273			776,290
Stock units issued	315,168			59,367			374,535
Shares issued upon vesting of stock units	(181,570		)	(42,281		)	(223,851		)
Stock units canceled or forfeited(1)	(76,286		)	(780		)	(77,066		)
Stock units outstanding at June 30, 2014	737,329			112,579			849,908
Weighted average grant date fair value	$	14.55		$	13.75		$	14.45

(1) Pursuant to the terms of our stock unit plans, employees have the option of forfeiting stock units to cover their minimum statutory tax withholding when shares are issued. Any stock units surrendered or canceled in satisfaction of participants’ tax withholding obligations are not available for future grants under the plans.

(2) Directors' stock units are RSU(s), which participate in declared dividends.

Phantom Shares — We grant phantom shares as part of our long-term incentive compensation program, which are similar to RSUs in that they are based on the price of our stock and vest ratably over a three-year period, but are cash-settled based upon the value of our stock at each vesting period. The fair value of the awards is remeasured at each reporting period. Compensation expense is recognized over the vesting period with a corresponding liability, which is recorded in accounts payable and accrued expenses in our unaudited Condensed Consolidated Balance Sheets. The following table summarizes the phantom share activity during the first six months of 2014:

26

	Shares		Weighted Average Grant Date Fair Value
Outstanding at January 1, 2014	1,111,059		$	17.72
Granted	573,325		14.23
Converted/paid	(536,575	)	17.69
Forfeited	(70,540	)	17.09
Outstanding at June 30, 2014	1,077,269		$	15.92

Share-Based Compensation Expense — The following table summarizes the share-based compensation expense recognized during the three and six months ended June 30, 2014 and 2013:

	Three Months Ended June 30					Six Months Ended June 30
	2014			2013		2014			2013
	(In thousands)
Stock Options	$	118		$	5,523	$	263		$	5,930
Stock Units	1,179			1,254		2,387			2,543
Phantom Shares	2,258			3,506		2,600			5,121
Total	$	3,555	(1)	$	10,283	$	5,250	(1)	$	13,594

(1) Share-based compensation expense for the three and six months ended June 30, 2013 included an adjustment of $5.7 million related to the equity modification of share-based compensation pursuant to the WhiteWave spin-off.

Stock options, phantom shares and stock units held by employees do not currently participate in any dividends and accordingly, no expense attributed to dividends has been recorded.

8. Earnings (Loss) Per Share

Basic earnings (loss) per share (“EPS”) is based on the weighted average number of common shares outstanding during each period. Diluted EPS is based on the weighted average number of common shares outstanding and the effect of all dilutive common stock equivalents outstanding during each period. Stock option conversions and stock units were not included in the computation of diluted loss per share for each of the six months ended June 30, 2014 and 2013, as we incurred a loss from continuing operations for these periods and any effect on loss per share would have been anti-dilutive. The following table reconciles the numerators and denominators used in the computations of both basic and diluted EPS:

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	Three Months Ended June 30						Six Months Ended June 30
	2014			2013(1)			2014			2013(1)
	(In thousands, except share data)
Basic loss per share computation:
Numerator:
Loss from continuing operations	$	(963	)	$	(32,057	)	$	(10,755	)	$	(52,797	)
Denominator:
Average common shares	93,561,305			93,417,417			93,977,672			93,215,130
Basic loss per share from continuing operations	$	(0.01	)	$	(0.34	)	$	(0.11	)	$	(0.57	)
Diluted loss per share computation:
Numerator:
Loss from continuing operations	$	(963	)	$	(32,057	)	$	(10,755	)	$	(52,797	)
Denominator:
Average common shares — basic	93,561,305			93,417,417			93,977,672			93,215,130
Stock option conversion(2)	—			—			—			—
Stock units(3)	—			—			—			—
Average common shares — diluted	93,561,305			93,417,417			93,977,672			93,215,130
Diluted loss per share from continuing operations	$	(0.01	)	$	(0.34	)	$	(0.11	)	$	(0.57	)
(1) All applicable share data and per share amounts have been adjusted retroactively for the 1-for-2 reverse stock split effected on August 26, 2013.
(2) Anti-dilutive common shares excluded	3,649,711			6,981,822			3,752,341			7,283,324
(3) Anti-dilutive stock units excluded	201,976			756,537			298,959			777,579

9. Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the three months ended June 30, 2014 were as follows (in thousands):

	Changes in Cash Flow  Hedges			Pension and  Other Postretirement Benefits Items				Foreign  Currency Items		Total
Balance, March 31, 2014	$	187		$	(56,519	)		$	166	$	(56,166	)
Other comprehensive income (loss) before reclassifications	(69		)	1,760				166		1,857
Amounts reclassified from accumulated other comprehensive income	—			(928		)	(1)	—		(928		)
Net current-period other comprehensive income (loss)	(69		)	832				166		929
Balance, June 30, 2014	$	118		$	(55,687	)		$	332	$	(55,237	)

(1) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

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The changes in accumulated other comprehensive income (loss) by component, net of tax, during the three months ended June 30, 2013 were as follows (in thousands):

	Changes in Cash Flow  Hedges				Pension and  Other Postretirement Benefits Items				Unrealized Gains/Losses  on Available-For-Sale Securities		Foreign  Currency Items			Total			Non- controlling Interest
Balance, March 31, 2013	$	(38,003	)		$	(103,001	)		$	—	$	(35,273	)	$	(176,277	)	$	(5,732	)
Other comprehensive income (loss) before reclassifications	(1,126		)		4,161				385,552		3,867			392,454			668
Amounts reclassified from accumulated other comprehensive income	38,823			(1)	(2,070		)	(2)	—		—			36,753			(3		)
Net current-period other comprehensive income	37,697				2,091				385,552		3,867			429,207			665
Spin-off of WhiteWave Foods	182				1,552				—		31,291			33,025			5,067
Balance, June 30, 2013	$	(124	)		$	(99,358	)		$	385,552	$	(115	)	$	285,955		$	—

(1) Upon completion of the WhiteWave spin-off in May 2013, we determined that the underlying hedged forecasted transactions related to the novated swaps were no longer probable; therefore, during the three months ended June 30, 2013, we reclassified total losses of $63.4 million ($38.9 million, net of tax) recorded in accumulated other comprehensive income associated with these swaps to earnings, as a component of interest expense. See Note 6 for further information regarding our interest rate swaps.

(2) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the six months ended June 30, 2014 were as follows (in thousands):

	Changes in Cash Flow  Hedges				Pension and  Other Postretirement Benefits Items				Foreign  Currency Items			Total
Balance, December 31, 2013	$	423			$	(57,224	)		$	(389	)	$	(57,190	)
Other comprehensive income (loss) before reclassifications	(85		)		3,392				721			4,028
Amounts reclassified from accumulated other comprehensive income	(220		)	(1)	(1,855		)	(2)	—			(2,075		)
Net current-period other comprehensive income (loss)	(305		)		1,537				721			1,953
Balance, June 30, 2014	$	118			$	(55,687	)		$	332		$	(55,237	)

(1) The accumulated other comprehensive loss component is related to the hedging activity amount at December 31, 2013 that was reclassified to operating income as we de-designated our cash flow hedges. See Note 6.

(2) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

29

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the six months ended June 30, 2013 were as follows (in thousands):

	Changes in Cash Flow  Hedges				Pension and  Other Postretirement Benefits Items				Unrealized Gains/Losses on Available-For-Sale Securities		Foreign  Currency Items			Total			Non- controlling Interest
Balance, December 31, 2012	$	(58,452	)		$	(105,845	)		$	—	$	(22,287	)	$	(186,584	)	$	(3,683	)
Other comprehensive income (loss) before reclassifications	(154		)		9,074				385,552		(9,119		)	385,353			(1,378		)
Amounts reclassified from accumulated other comprehensive income	58,300			(1)	(4,139		)	(2)	—		—			54,161			(6		)
Net current-period other comprehensive income (loss)	58,146				4,935				385,552		(9,119		)	439,514			(1,384		)
Spin-off of WhiteWave Foods	182				1,552				—		31,291			33,025			5,067
Balance, June 30, 2013	$	(124	)		$	(99,358	)		$	385,552	$	(115	)	$	285,955		$	—

(1) In January 2013, we terminated $1 billion aggregate notional amount of interest rate swaps with maturity dates in 2013 and 2016. As a result of these terminations, we reclassified total losses of $28.1 million ($17.3 million net of tax) previously recorded in accumulated other comprehensive income to earnings, as a component of interest expense. Additionally, upon completion of the WhiteWave spin-off in May 2013, we determined that the underlying hedged forecasted transactions related to the novated swaps were no longer probable; therefore, during the three months ended June 30, 2013, we reclassified total losses of $63.4 million ($38.9 million, net of tax) recorded in accumulated other comprehensive income associated with these swaps to earnings, as a component of interest expense. See Note 6 for further information regarding our interest rate swaps.

(2) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

10. Employee Retirement and Postretirement Benefits

We sponsor various defined benefit and defined contribution retirement plans, including various employee savings and profit sharing plans, and contribute to various multiemployer pension plans on behalf of our employees. Substantially all full-time union and non-union employees who have completed one or more years of service and have met other requirements pursuant to the plans are eligible to participate in one or more of these plans.

Defined Benefit Plans — The benefits under our defined benefit plans are based on years of service and employee compensation. The following table sets forth the components of net periodic benefit cost for our defined benefit plans during the three and six months ended June 30, 2014 and 2013:

	Three Months Ended June 30						Six Months Ended June 30
	2014			2013			2014			2013
	(In thousands)
Components of net periodic benefit cost:
Service cost	$	770		$	923		$	1,540		$	1,846
Interest cost	3,495			3,128			6,990			6,256
Expected return on plan assets	(4,690		)	(4,633		)	(9,380		)	(9,266		)
Amortizations:
Unrecognized transition obligation	—			—			—			—
Prior service cost	197			198			394			396
Unrecognized net loss	1,276			3,098			2,552			6,196
Net periodic benefit cost	$	1,048		$	2,714		$	2,096		$	5,428

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Postretirement Benefits — Certain of our subsidiaries provide health care benefits to certain retirees who are covered under specific group contracts. The following table sets forth the components of net periodic benefit cost for our postretirement benefit plans during the three and six months ended June 30, 2014 and 2013:

	Three Months Ended   June 30				Six Months Ended   June 30
	2014		2013		2014		2013
	(In thousands)
Components of net periodic benefit cost:
Service cost	$	206	$	204	$	412	$	408
Interest cost	416		306		832		612
Amortizations:
Prior service cost	16		6		32		12
Unrecognized net loss	19		75		38		150
Net periodic benefit cost	$	657	$	591	$	1,314	$	1,182

11. Asset Impairment Charges and Facility Closing and Reorganization Costs

Asset Impairment Charges

We evaluate our long-lived assets for impairment when circumstances indicate that the carrying value may not be recoverable. Indicators of impairment could include, among other factors, significant changes in the business environment or the planned closure of a facility. Considerable management judgment is necessary to evaluate the impact of operating changes and to estimate future cash flows. As a result of certain changes to our business and plans for consolidating our production network, we evaluated the impact that we expect these changes to have on our projected future cash flows as of June 30, 2014.

Testing the assets for recoverability involved developing estimates of future cash flows directly associated with, and that are expected to arise as a direct result of, the use and eventual disposition of the assets. The inputs for the fair value calculations were based on assessment of an individual asset’s alternative use within other production facilities, evaluation of recent market data and historical liquidation sales values for similar assets. As the inputs into these calculations are largely based on management’s judgments and are not generally observable in active markets, we consider such measurements to be Level 3 measurements in the fair value hierarchy. See Note 6.

There was no impairment of our long-lived assets identified for the six months ended June 30, 2014. As of June 30, 2013, the results of our analysis indicated an impairment of our plant, property and equipment of $31.1 million and impairment related to certain intangible assets of approximately $6.4 million. All of these charges were recorded in the impairment of long-lived assets line item in our unaudited Condensed Consolidated Statements of Operations. We can provide no assurance that we will not have impairment charges in future periods as a result of changes in our business environment, operating results or the assumptions and estimates utilized in our impairment tests.

Facility Closing and Reorganization Costs

Approved plans within our multi-year initiatives and related charges are summarized as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2014		2013		2014		2013
	(In thousands)
Closure of Facilities(1)	$	728	$	4,173	$	1,705	$	5,175
Functional Realignment(2)	—		415		—		518
Field and Functional Reorganization (3)	—		351		—		4,851
Other	—		—		—		5
Total	$	728	$	4,939	$	1,705	$	10,549

(1) These charges in 2014 and 2013 primarily relate to facility closures in Riverside, California; Denver, Colorado; Dallas, Texas; Waco, Texas; Springfield, Virginia; Buena Park, California; Evart, Michigan; Bangor, Maine; and Mendon, Massachusetts; as well as other approved closures. We have incurred $39.9 million of charges related to these initiatives to date. We expect to incur additional charges related to these facility closures of approximately $2.8 million, related to contract termination, shutdown and other costs. As we continue the evaluation of our

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supply chain and distribution network, as well as our accelerated cost reduction efforts, it is likely that we will close additional facilities in the future.

(2) The Functional Realignment initiative was focused on aligning key functions within our legacy Fresh Dairy Direct operations under a single leadership team and permanently removing costs from the organization. We have incurred total charges of approximately $33.1 million under this initiative to date and we do not expect to incur any material future charges related to this plan.

(3) The Field and Functional Reorganization initiative streamlined the leadership structure and has enabled faster decision-making and created enhanced opportunities to strategically build our business. We have incurred total charges of $11.3 million under this plan to date, all of which are associated with headcount reductions. We do not currently anticipate incurring any material charges under this plan going forward.

Activity with respect to facility closing and reorganization costs during the six months ended June 30, 2014 is summarized below and includes items expensed as incurred:

	Accrued Charges at December 31, 2013		Charges and Adjustments			Payments			Accrued Charges at June 30, 2014
	(In thousands)
Cash charges:
Workforce reduction costs	$	9,028	$	(44	)	$	(1,729	)	$	7,255
Shutdown costs	—		1,355			(1,355		)	—
Lease obligations after shutdown	8,361		246			(1,032		)	7,575
Other	—		207			(207		)	—
Subtotal	$	17,389	1,764			$	(4,323	)	$	14,830
Noncash charges:
Other, net			(59		)
Total charges			$	1,705

12. Commitments and Contingencies

Contingent Obligations Related to Divested Operations — We have divested certain businesses in recent years. In each case, we have retained certain known contingent obligations related to those businesses and/or assumed an obligation to indemnify the purchasers of the businesses for certain unknown contingent liabilities, including environmental liabilities. We believe that we have established adequate reserves, which are immaterial to the unaudited Condensed Consolidated Financial Statements, for potential liabilities and indemnifications related to our divested businesses. Moreover, we do not expect any liability that we may have for these retained liabilities, or any indemnification liability, to materially exceed amounts accrued.

Contingent Obligations Related to Milk Supply Arrangements — In connection with our acquisition of Legacy Dean, we purchased Dairy Farmers of America’s (“DFA”) 33.8% interest in our operations in 2001. In connection with that transaction, we issued a contingent, subordinated promissory note to DFA in the original principal amount of $40 million. The promissory note has a 20-year term and bears interest based on the consumer price index. Interest will not be paid in cash but will be added to the principal amount of the note annually, up to a maximum principal amount of $96 million. We may prepay the note in whole or in part at any time, without penalty. The note will only become payable if we materially breach or terminate one of our related milk supply agreements with DFA without renewal or replacement. Otherwise, the note will expire in 2021, without any obligation to pay any portion of the principal or interest. Payments made under the note, if any, would be expensed as incurred. We have not terminated, and we have not materially breached, any of our milk supply agreements with DFA related to the promissory note. We have previously terminated unrelated supply agreements with respect to several plants that were supplied by DFA. In connection with our goals of accelerated cost control and increased supply chain efficiency, we continue to evaluate our sources of raw milk supply.

Insurance — We use a combination of insurance and self-insurance for a number of risks, including property, workers’ compensation, general liability, automobile liability, product liability and employee health care utilizing high deductibles. Deductibles vary due to insurance market conditions and risk. Liabilities associated with these risks are estimated considering historical claims experience and other actuarial assumptions. Based on current information, we believe that we have established adequate reserves to cover these claims.

Lease and Purchase Obligations — We lease certain property, plant and equipment used in our operations under both capital and operating lease agreements. Such leases, which are primarily for machinery, equipment and vehicles, have lease terms ranging from one to 20 years. We had an immaterial amount of capital lease obligations as of June 30, 2014 and

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December 31, 2013. Certain of the operating lease agreements require the payment of additional rentals for maintenance, along with additional rentals based on miles driven or units produced. Certain leases require us to guarantee a minimum value of the leased asset at the end of the lease. Our maximum exposure under those guarantees is not a material amount.

We have entered into various contracts, in the normal course of business, obligating us to purchase minimum quantities of raw materials used in our production and distribution processes, including conventional raw milk, diesel fuel, sugar and other ingredients that are inputs into our finished products. We enter into these contracts from time to time to ensure a sufficient supply of raw ingredients. In addition, we have contractual obligations to purchase various services that are part of our production process.

Litigation, Investigations and Audits

Tennessee Retailer and Indirect Purchaser Actions

A putative class action antitrust complaint (the “retailer action”) was filed on August 9, 2007 in the United States District Court for the Eastern District of Tennessee. Plaintiffs allege generally that we, either acting alone or in conjunction with others in the milk industry who are also defendants in the retailer action, lessened competition in the Southeastern United States for the sale of processed fluid Grade A milk to retail outlets and other customers, and that the defendants’ conduct also artificially inflated wholesale prices for direct milk purchasers. Defendants’ motion for summary judgment in the retailer action was granted in part and denied in part in August 2010. Defendants filed a motion for reconsideration, renewed their request for summary judgment in September 2010. In March 2012, the Court granted summary judgment in favor of defendants as to all remaining counts and entered judgment in favor of all defendants, including the Company. Plaintiffs appealed the court’s decision in April 2012. Briefing on the appeal was completed in April 2013, and oral argument occurred in July 2013. In January 2014, the appeals court reversed the judgment for the defendants, including the Company, on one of the original five counts in the Tennessee retailer action. In February 2014, the Company requested that the Sixth Circuit Court of Appeals consider its decision en banc; the Sixth Circuit declined to do so. The Company filed a petition to the U.S. Supreme Court for review of the case on August 1, 2014. The Sixth Circuit returned the case to the trial court for further proceedings. The parties have agreed to submit a proposed schedule for further proceedings in the trial court on or before August 29, 2014. The parties have also agreed to defer further proceedings in the trial court until there is a determination by the Supreme Court whether to review the decision of the Court of Appeals.

On June 29, 2009, another putative class action lawsuit was filed in the Eastern District of Tennessee, Greeneville Division, on behalf of indirect purchasers of processed fluid Grade A milk (the “indirect purchaser action”). The allegations in this complaint are similar to those in the retailer action, but primarily involve state law claims. Because the allegations in the indirect purchaser action substantially overlap with the allegations in the retailer action, the Court granted the parties’ joint motion to stay all proceedings in the indirect purchaser action pending the outcome of the summary judgment motions in the retailer action. On August 16, 2012, the indirect purchaser plaintiffs voluntarily dismissed their lawsuit. On January 17, 2013, these same plaintiffs filed a new lawsuit in the Eastern District of Tennessee, Greeneville Division, on behalf of a putative class of indirect purchasers of processed fluid Grade A milk (the “2013 indirect purchaser action”). The allegations are similar to those in the voluntarily dismissed indirect purchaser action, but involve only claims arising under Tennessee law. The Company filed a motion to dismiss on April 30, 2013. On June 14, 2013, the indirect purchaser plaintiffs responded to the Company’s motion to dismiss and filed an amended complaint. On July 1, 2013, the Company filed a motion to dismiss the amended complaint. Briefing on the motion to dismiss was completed on August 15, 2013.

At this time, it is not possible for us to predict the ultimate outcome of these matters.

In addition to the pending legal proceedings set forth above, we are party from time to time to certain claims, litigations, audits and investigations. Potential liabilities associated with these other matters are not expected to have a material adverse impact on our financial position, results of operations or cash flows.

Other

In late 2013, we either settled or entered into settlement negotiations with the vast majority of states in regards to our obligations under state unclaimed property laws, the results of which did not have a material adverse impact on our financial position, results of operations or cash flows.

13. Segment, Geographic and Customers Information

We operate as a single reportable segment in manufacturing, marketing, selling and distributing a wide variety of branded and private label dairy case products. We operate 71 manufacturing facilities geographically located largely based on

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local and regional customer needs and other market factors. We manufacture, market and distribute a wide variety of branded and private label dairy case products, including milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States. Our products are primarily delivered through what we believe to be one of the most extensive refrigerated direct store delivery (“DSD”) systems in the United States. Our Chief Executive Officer evaluates the performance of our business based on sales and operating income or loss before gains and losses on the sale of businesses, facility closing and reorganization costs, litigation settlements, impairments of long-lived assets and other non-recurring gains and losses.

In connection with the WhiteWave separation in 2013, all segment results herein have been recast and present results on a comparable basis under a single reportable segment.

Geographic Information — Net sales related to our foreign operations comprised less than 1% of our consolidated net sales during the three and six months ended June 30, 2014 and 2013. None of our long-lived assets are associated with our foreign operations.

Significant Customers — Our largest customer accounted for approximately 16% and 18% of our consolidated net sales in the three months ended June 30, 2014 and 2013, respectively, and approximately 17% and 21% of our consolidated net sales in the six months ended June 30, 2014 and 2013, respectively.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Cautionary Statement Regarding Forward-Looking Statements

This Quarterly Report on Form 10-Q (this “Form 10-Q”) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are predictions based on our current expectations and our projections about future events, and are not statements of historical fact. Forward-looking statements include statements concerning our business strategy, among other things, including anticipated trends and developments in, and management plans for, our business and the markets in which we operate. In some cases, you can identify these statements by forward-looking words, such as “estimate,” “expect,” “anticipate,” “project,” “plan,” “intend,” “believe,” “forecast,” “foresee,” “likely,” “may,” “should,” “goal,” “target,” “might,” “will,” “could,” “predict,” and “continue,” the negative or plural of these words and other comparable terminology. All forward-looking statements included in this Form 10-Q are based upon information available to us as of the filing date of this Form 10-Q, and we undertake no obligation to update any of these forward-looking statements for any reason. You should not place undue reliance on these forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by these statements. These factors include the matters discussed in “Part I — Item 1A — Risk Factors” in our 2013 Annual Report on Form 10-K, in “Part II — Other Information — Item 1A — Risk Factors” below, and elsewhere in this Form 10-Q. You should carefully consider the risks and uncertainties described under these sections.

Business Overview

We are a leading food and beverage company and the largest processor and direct-to-store distributor of fluid milk and other dairy and dairy case products in the United States, with a vision to be the most admired and trusted provider of wholesome, great-tasting dairy products at every occasion. As we continue to evaluate and seek to maximize the value of our national operational network and our leading brands and product offerings, we have aligned our leadership team, operating strategy, and sales, logistics and supply chain initiatives into a single operating and reportable segment.

We manufacture, market and distribute a wide variety of branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States. Our portfolio includes TruMoo^®, a leading national flavored milk brand, along with well-known regional dairy brands such as Alta Dena ^®, Berkeley Farms ^®, Country Fresh ^®, Dean’s ^®, Garelick Farms ^®, LAND O LAKES ^® milk and cultured products (licensed brand), Lehigh Valley Dairy Farms ^®, Mayfield ^®, McArthur ^®, Meadow Gold ^®, Oak Farms ^®, PET ^® (licensed brand), T.G. Lee ^®, Tuscan ^® and more. In all, we have more than 50 local and regional dairy brands and private labels. Due to the perishable nature of our products, we deliver the majority of our products directly to our customers’ locations in refrigerated trucks or trailers that we own or lease. We believe that we have one of the most extensive refrigerated direct store delivery (“DSD”) systems in the United States. Our products are sold primarily on a local or regional basis through local and regional sales forces, although some national customer relationships are coordinated by a centralized corporate sales department.

Return of Capital Strategies

In connection with our ongoing efforts to maximize shareholder value, strategies designed to return capital to our shareholders have been implemented as described below.

Adoption of Cash Dividend Policy — In November 2013, we announced that our Board of Directors had adopted a cash dividend policy. Under the policy, holders of our common stock will receive dividends when and as declared by our Board of Directors. Pursuant to the policy, we expect to pay quarterly dividends with an initial quarterly dividend rate of $0.07 per share ($0.28 per share annually). Quarterly dividends of $0.07 per share were paid in March and June of 2014. Our cash dividend policy is subject to modification, suspension or cancellation at any time.

Stock Repurchase Program — Since 1998, our Board of Directors has from time to time authorized the repurchase of our common stock up to an aggregate of $2.38 billion, excluding fees and commissions. We made no share repurchases during the three months ended June 30, 2014 and we repurchased 1,727,275 shares during the six months ended June 30, 2014. We made no share repurchases during the three months or six months ended June 30, 2013. As of June 30, 2014, $275.0 million was available for repurchases under this program (excluding fees and commissions). Our management is authorized to purchase shares from time to time through open market transactions at prevailing prices or in privately negotiated transactions, subject to market conditions and other factors. Shares, when repurchased, are retired. We will continue to evaluate opportunities for share repurchases in a strategic manner as a mechanism for generating additional shareholder value.

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Strategic Activities

1-for-2 Reverse Stock Split — In August 2013, we effected a 1-for-2 reverse stock split of our issued common stock. The reverse stock split effected a proportionate adjustment to the per share exercise price and the number of shares of common stock issuable upon the exercise of outstanding stock options, the number of shares of common stock issuable upon the vesting of restricted stock awards, and the number of shares of common stock eligible for issuance under our 2007 Stock Incentive Plan (the “2007 Plan”). No fractional shares were issued in connection with the reverse stock split. Each stockholder’s percentage ownership and proportional voting power remained unchanged as a result of the reverse stock split. During the second quarter of 2014, we amended our certificate of incorporation to reduce the number of authorized shares of common stock by the same 1-to-2 ratio as effected in the reverse stock split.

All applicable share data, per share amounts and related information has been adjusted retroactively in our unaudited Condensed Consolidated Financial Statements to give effect to the 1-for-2 reverse stock split.

WhiteWave Separation — We separated The WhiteWave Foods Company ("WhiteWave") from the Company in a series of three transactions: an initial public offering for 13.3% of the WhiteWave common stock in the fourth quarter of 2012; a tax-free spin-off of 66.8% of the WhiteWave common stock in the second quarter of 2013; and a tax-free debt-for-equity exchange of 19.9% of the WhiteWave common stock in the third quarter of 2013 (the "WhiteWave Separation") See Note 2 to our unaudited Condensed Consolidated Financial Statements for further information regarding the WhiteWave Separation.

Divestiture of Morningstar Foods — In January 2013, we completed the sale of Morningstar Foods ("Morningstar") to a third party for net proceeds of approximately $1.45 billion. We recorded a gain of $871.3 million ($492.1 million, net of tax) on the sale of Morningstar in the first quarter of 2013.

Recent Developments

Retail, Customer and Commodity Environment — Increasing and record-high dairy commodity costs continue to create one of the most difficult operating environments in the history of our company. Record-high raw milk costs and resulting increases in retail prices have created volume softness throughout the industry. In addition, we have experienced increased pressure on our margins as pricing at retail was pressured by both price gap and price threshold considerations. At these unprecedented commodity price levels, our pricing pass-through mechanisms are not entirely efficient and, particularly for our branded products, we have been unwilling or unable to increase our prices commensurate with the higher cost of raw milk, which in turn has negatively impacted our net sales and gross profit.

Class I milk prices have continued their rapid and unprecedented rise through the second quarter of 2014. Class I raw milk prices were approximately 6% higher during the second quarter of 2014 versus the first quarter of 2014 and were 31% above year-ago levels. As Class I raw milk prices continued to move higher, the "margin over milk", or the spread between the Class I mover and the retail price of private label gallons, compressed to $1.39 per gallon in the second quarter of 2014, compared to $1.43 per gallon in the previous quarter, and $1.58 per gallon in the second quarter of 2013.

In addition to record-high Class I raw milk costs, we have been challenged by the increase of butterfat prices, pressuring our margins across our Class II product offerings, such as ice cream, in its heavy selling season. Average CME butter prices increased 32% during the second quarter of 2014 versus prior year to $2.12 with the month of June averaging $2.26 per pound. Sustained month over month Class II commodity price increases, as we experienced in the quarter, have created a pricing lag effect that makes it difficult to effectively pass through rising costs fast enough to mitigate sustained inflation across our Class II product set.

The fluid milk industry remains highly competitive. Fluid milk category volumes remained soft and volume declines have accelerated beyond the historical trajectory of the category. As Class I raw milk costs continued to rise through July, the category continued to weaken. Our volumes also were impacted by the loss of a portion of our private-label business with a significant customer in 2013. The impact of this loss began to be reflected in the second quarter of 2013, and the transition of volumes was completed in the fourth quarter of 2013. The lost volumes were primarily related to low-margin, private label fluid milk business and were the result of the renegotiation of certain regional supply arrangements that, going forward, will be subject to renewal over various time frames. Our total volumes declined 4% in the second quarter of 2014 compared to the same period in the prior year as we began to overlap the RFP-driven volume losses. Our share of the fluid milk category, for the three months ended May, 31 2014, was relatively flat versus the prior quarter at approximately 36%. Since bottoming out in the third quarter of 2013, we have increased our share of the fluid milk category by approximately 1%. In terms of our branded versus private-label mix, we ended the second quarter of 2014 at approximately 36% in branded volumes. Since the third quarter of 2013, when raw milk costs began their steady climb, our brand mix has declined approximately 1%. This trade down to private label fluid milk from branded products represents a continuing headwind for our business.

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We remain committed to sustaining strong positive cash flow and generating shareholder value. Throughout the remainder of 2014, we will continue to emphasize price realization, cost productivity and volume at margins that deliver an appropriate return, in an effort to improve our operating results. We believe the market continues to be difficult with several factors beyond our control continuing to impact our earnings progression. The fluid milk category continues to show weakness with declining industry volumes. Soft volumes, coupled with ongoing historically high raw milk cost inflation and compressed margins over milk, negate some of the impact of our cost reduction efforts, and make it harder to deliver those cost savings to the bottom line. This year has been one of the most difficult periods in our history. We are cautiously optimistic that there will be some commodity stabilization in the back half of 2014 and declining prices in 2015. We expect to continue to drive improved efficiency and capability across the organization with a view toward positioning ourselves for long-term success.

Facility Closing and Reorganization Activities — As a result of certain changes to our business, including the loss of a portion of a significant customer's private label volume in 2013, we accelerated our plans for consolidating our production network, and we have closed twelve of our production facilities through July of 2014. Having completed our accelerated plant closures over the past 18 to 24 months, we expect to return to our normal optimization activities. See Note 11 to our unaudited Condensed Consolidated Financial Statements for more information regarding our facility closing and reorganization activities.

Matters Affecting Comparability

Our discussion of the results of operations for the three and six months ended June 30, 2014 and 2013 is affected by the 1-for-2 reverse stock split effected in August 2013. Common stock, additional paid-in capital and all applicable share data as of and for the period ended June 30, 2013 have been adjusted retroactively to reflect the 1-for-2 reverse stock split.

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Results of Operations

Our key performance indicators are volume performance, brand mix and achieving low cost, which are realized within net sales, gross profit and operating income, respectively. We evaluate our financial performance based on sales and operating profit or loss before gains and losses on the sale of businesses, facility closing and reorganization costs, asset impairment charges, litigation settlements and other nonrecurring gains and losses. The following table presents certain information concerning our financial results, including information presented as a percentage of net sales.

	Three Months Ended June 30										Six Months Ended June 30
	2014					2013					2014					2013
	Dollars			Percent		Dollars			Percent		Dollars			Percent		Dollars			Percent
	(Dollars in millions)
Net sales	$	2,393.9		100.0	%	$	2,227.5		100.0	%	$	4,734.9		100.0	%	$	4,520.0		100.0	%
Cost of sales	1,994.8			83.3		1,755.2			78.8		3,919.6			82.8		3,552.5			78.6
Gross profit(1)	399.1			16.7		472.3			21.2		815.3			17.2		967.5			21.4
Operating costs and expenses:
Selling and distribution	334.9			14.0		331.7			14.9		674.3			14.2		671.7			14.9
General and administrative	70.8			3.0		86.4			3.9		143.0			3.0		171.3			3.8
Amortization of intangibles	0.7			—		0.9			—		1.5			—		1.9			—
Facility closing and reorganization costs	0.7			—		4.9			0.2		1.7			—		10.5			0.2
Litigation settlements	—			—		(1.0		)	—		(2.5		)	(0.1	)	(1.0		)	—
Impairment of long-lived assets	—			—		3.6			0.2		—			—		37.5			0.8
Other operating (income) loss	(4.5		)	(0.2	)	2.2			0.1		(4.5		)	(0.1	)	2.2			—
Total operating costs and expenses	402.6			16.8		428.7			19.2		813.5			17.2		894.1			19.7
Operating income (loss)	$	(3.5	)	(0.1	)%	$	43.6		2.0	%	$	1.8		—	%	$	73.4		1.7	%

(1) As disclosed in Note 1 to the Consolidated Financial Statements in our 2013 Annual Report on Form 10-K, we include certain shipping and handling costs within selling and distribution expense. As a result, our gross profit may not be comparable to other entities that present all shipping and handling costs as a component of cost of sales.

Quarter Ended June 30, 2014 Compared to Quarter Ended June 30, 2013

Net Sales — The change in net sales was due to the following:

	Three Months Ended  June 30, 2014 vs. 2013
	(In millions)
Volume	$	(92.4	)
Pricing and product mix changes	258.8
Total increase	$	166.4

Net sales increased $166.4 million, or 7.5%, during the second quarter of 2014 as compared to the second quarter of 2013, primarily due to increased pricing as a result of the pass-through of higher dairy commodity costs. On average, during the second quarter of 2014, the Class I raw milk price was approximately 31% above prior-year levels. At these unprecedented commodity levels, our pricing pass-through mechanisms are not entirely efficient and, particularly for our branded products, we have been unwilling or unable to increase our prices commensurate with the higher cost of raw milk, which in turn has negatively impacted our net sales. Commodity-driven sales increases were partially offset by a decrease in fluid milk volumes, which accounted for approximately 75% of our total sales volume, as well as volume declines in our cultured dairy and other products. Our fluid milk volume declines were driven by increasing fluid milk category weakness and the partial loss of private label business with a significant customer.

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We generally increase or decrease the prices of our fluid dairy products on a monthly basis in correlation with fluctuations in the costs of raw materials, packaging supplies and delivery costs. However, in some cases, we are competitively or contractually constrained with respect to the means and/or timing of price increases. This can have a negative impact on our profitability. The following table sets forth the average monthly Class I “mover” and its components, as well as the average monthly Class II minimum prices for raw skim milk and butterfat for the second quarter of 2014 in comparison to the second quarter of 2013:

	Three Months Ended June 30*
	2014		2013		% Change
Class I mover(1)	$	23.66	$	18.12	30.6	%
Class I raw skim milk mover(1)(2)	16.75		12.35		35.6
Class I butterfat mover(2)(3)	2.14		1.77		20.9
Class II raw skim milk minimum(1)(4)	16.97		13.05		30.0
Class II butterfat minimum(3)(4)	2.29		1.76		30.1

* The prices noted in this table are not the prices that we actually pay. The federal order minimum prices applicable at any given location for Class I raw skim milk or Class I butterfat are based on the Class I mover prices plus a location differential. Class II prices noted in the table are federal minimum prices, applicable at all locations. Our actual cost also includes producer premiums, procurement costs and other related charges that vary by location and supplier. Please see “Part I — Item 1. Business — Government Regulation — Milk Industry Regulation” in our 2013 Annual Report on Form 10-K and “— Known Trends and Uncertainties — Prices of Conventional Raw Milk and Other Inputs” below for a more complete description of raw milk pricing.

(1) Prices are per hundredweight.

(2) We process Class I raw skim milk and butterfat into fluid milk products.

(3) Prices are per pound.

(4) We process Class II raw skim milk and butterfat into products such as cottage cheese, creams and creamers, ice cream and sour cream.

Cost of Sales — All expenses incurred to bring a product to completion are included in cost of sales, such as raw material, ingredient and packaging costs; labor costs; and plant and equipment costs. Cost of sales increased by 13.7% in the second quarter of 2014 compared to the second quarter of 2013, primarily due to increased dairy commodity costs. The Class I raw milk price was approximately 31% above prior year levels. This increase was partially offset by lower sales volumes and our cost and efficiency initiatives.

Gross Profit — Our gross profit percentage decreased to 16.7% in the second quarter of 2014 as compared to 21.2% in the second quarter of 2013. This decline was significantly impacted by the record-high dairy commodity costs environment. We believe at these unprecedented commodity levels, our pricing pass-through mechanisms are not entirely efficient, and particularly for our branded products, we have been unwilling or unable to increase our prices commensurate with the higher cost of raw milk, which in turn has negatively impacted our gross profit. In addition, despite the full impact of the lost volumes discussed above and the associated accelerated facility closure activity during 2014 and 2013, production cost declines lagged the decline in sales volumes, resulting in higher per unit costs and lower overall gross profit. We believe these increased per-unit production costs are temporary and will stabilize as we move past this period of accelerated plant closure activity.

Operating Costs and Expenses — Operating costs and expenses decreased by 6.1% in the second quarter of 2014 as compared to the second quarter of 2013. Significant changes to operating costs and expenses in the second quarter of 2014 include the following:

• General and administrative costs decreased $15.6 million primarily due to lower personnel-related costs, including share-based and incentive compensation, as a result of headcount reductions and operational performance below our targets.

• Selling and distribution costs increased $3.2 million primarily due to increased personnel-related costs related to employee benefits, partially offset by the impact of lower sales volumes.

• Facility closing and reorganization costs decreased by $4.2 million. See Note 11 to our unaudited Condensed Consolidated Financial Statements.

• Impairment of long-lived assets decreased by $3.6 million. See Note 11 to our unaudited Condensed Consolidated Financial Statements.

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Our costs on a per-gallon basis continued to be negatively impacted by transitory costs associated with plant closings and loss of volumes. As our sales volumes have declined faster than benefits from our cost initiatives have been realized, our production and distribution assets have experienced increased deleverage offsetting some of our cost improvements and making it harder to deliver those cost savings to the bottom line.

Other (Income) Expense — Other (income) expense decreased by $74.3 million during the second quarter of 2014 as compared to the second quarter of 2013 driven by a decline in interest expense. Interest expense for the second quarter of 2013 included $63.4 million of non-cash interest expense related to the novation of interest rate swaps, as described more fully in Note 6 to our unaudited Condensed Consolidated Financial Statements. Excluding these transactions in the prior year, interest expense decreased by $11.5 million to $15.2 million in the second quarter of 2014. This decrease was primarily due to significantly lower average debt balances from debt repayments with cash proceeds from transactions undertaken in 2013.

Income Taxes – Income tax benefit was recorded at an effective rate of 94.9% for the second quarter of 2014 compared to a 30.3% effective tax benefit rate for the second quarter of 2013. Generally, our effective tax rate varies primarily based on our profitability level and the relative earnings of our business units. In the second quarter of 2014, our effective tax rate was also impacted by settlements of various taxing authority examinations. Excluding the benefits related to these settlements, our effective tax benefit rate was 37.1%.

Six Months EndedJune 30, 2014 Compared to Six Months EndedJune 30, 2013

Net Sales — The change in net sales was due to the following:

	Six Months Ended June 30, 2014 vs. 2013
	(In millions)
Volume	$	(227.6	)
Pricing and product mix changes	442.5
Total increase	$	214.9

Net sales increased $214.9 million, or 4.8%, during the first six months of 2014 as compared to the first six months of 2013, primarily due to increased pricing as a result of the pass-through of higher dairy commodity costs. On average, during the first six months of 2014, the Class I raw milk price was approximately 26% above prior-year levels. At these unprecedented commodity levels, our pricing pass-through mechanisms are not entirely efficient and, particularly for our branded products, we have been unwilling or unable to increase our prices commensurate with the higher cost of raw milk, which in turn has negatively impacted our net sales. Commodity-driven sales increases were partially offset by a decrease in fluid milk volumes, which accounted for approximately 77% of our total sales volume, as well as volume declines in our cultured dairy and other products. Our fluid milk volume declines were driven by increasing fluid milk category weakness and the partial loss of private label business with a significant customer.

We generally increase or decrease the prices of our fluid dairy products on a monthly basis in correlation with fluctuations in the costs of raw materials, packaging supplies and delivery costs. However, in some cases, we are competitively or contractually constrained with respect to the means and/or timing of price increases. This can have a negative impact on our profitability. The following table sets forth the average monthly Class I “mover” and its components, as well as the average monthly Class II minimum prices for raw skim milk and butterfat for the first six months of 2014 in comparison to the first six months of 2013:

	Six Months Ended June 30*
	2014		2013		% Change
Class I mover(1)	$	23.02	$	18.22	26.3	%
Class I raw skim milk mover(1)(2)	16.63		12.62		31.8
Class I butterfat mover(2)(3)	1.99		1.73		15.0
Class II raw skim milk minimum(1)(4)	17.06		13.06		30.6
Class II butterfat minimum(3)(4)	2.12		1.72		23.3

* The prices noted in this table are not the prices that we actually pay. The federal order minimum prices applicable at any given location for Class I raw skim milk or Class I butterfat are based on the Class I mover prices plus a location differential. Class II prices noted in the table are federal minimum prices, applicable at all locations. Our

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actual cost also includes producer premiums, procurement costs and other related charges that vary by location and supplier. Please see “Part I — Item 1. Business — Government Regulation — Milk Industry Regulation” in our 2013 Annual Report on Form 10-K and “— Known Trends and Uncertainties — Prices of Conventional Raw Milk and Other Inputs” below for a more complete description of raw milk pricing.

(1) Prices are per hundredweight.

(2) We process Class I raw skim milk and butterfat into fluid milk products.

(3) Prices are per pound.

(4) We process Class II raw skim milk and butterfat into products such as cottage cheese, creams and creamers, ice cream and sour cream.

Cost of Sales — All expenses incurred to bring a product to completion are included in cost of sales, such as raw material, ingredient and packaging costs; labor costs; and plant and equipment costs. Cost of sales increased by 10.3% in the first six months of 2014 compared to the first six months of 2013, primarily due to increased dairy commodity costs. This increase was partially offset by lower fluid milk volumes, lower personnel-related costs due to headcount reductions last year as well as other cost and efficiency initiatives.

Gross Profit — Our gross profit percentage decreased to 17.2% for the first six months of 2014 as compared to 21.4% for the first six months of 2013. This decline was significantly impacted by the record-high dairy commodity costs environment. We believe at these unprecedented commodity levels, our pricing pass-through mechanisms are not entirely efficient, and particularly for our branded products, we have been unwilling or unable to increase our prices commensurate with the higher cost of raw milk, which in turn has negatively impacted our gross profit. In addition, despite the full impact of the lost volumes discussed above and the associated accelerated facility closure activity during 2014 and 2013, production cost declines lagged the decline in volumes, resulting in higher per unit costs and lower overall gross profit. We believe these increased per-unit production costs are temporary and will stabilize as we move past this period of accelerated plant closure activity.

Operating Costs and Expenses — Operating costs and expenses decreased by 9.0% in the first six months of 2014 as compared to the first six months of 2013. Significant changes to operating costs and expenses in the first six months of 2014 include the following:

• General and administrative costs decreased $28.3 million primarily due to lower personnel-related costs, including share-based and incentive compensation, as a result of headcount reductions and operational performance below our targets.

• Selling and distribution costs increased $2.6 million primarily due to increased logistics costs related to plant closure activity and increased personnel-related costs related to employee benefits, partially offset by lower sales volumes.

• Facility closing and reorganization costs decreased by $8.8 million. See Note 11 to our unaudited Condensed Consolidated Financial Statements.

• Impairment of long-lived assets decreased by $37.5 million. See Note 11 to our unaudited Condensed Consolidated Financial Statements.

Our costs on a per gallon basis continued to be negatively impacted by transitory costs associated with plant closings and loss of volumes. As our sales volumes have declined faster than benefits from our cost initiatives have been realized, our production and distribution assets have experienced increased deleverage offsetting some of our cost improvements and making it harder to deliver those cost savings to the bottom line.

Other (Income) Expense — Other (income) expense during decreased $119.4 million during the first six months of 2014 as compared to the first six months of 2013 due to lower interest expense. Interest expense for the first six months of 2013 included $63.4 million of non-cash interest expense and $28.1 million of expense related to termination and novation of interest rate swaps, both of which are described more fully in Note 6 to our unaudited Condensed Consolidated Financial Statements. Excluding these prior year transactions, interest expense decreased by $28.1 million to $30.2 million in the first six months of 2014. This decrease is primarily due to significantly lower average debt balances from debt repayments with cash proceeds from transactions undertaken in 2013.

Income Taxes – Income tax benefit was recorded at an effective tax rate of 61.9% for the first half of 2014 compared to a 30.6% effective tax benefit rate for the first half of 2013. Generally, our effective tax rate varies primarily based on our profitability level and the relative earnings of our business units. In the first half of 2014, our effective tax rate was also

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impacted by settlements of various taxing authority examinations and several state tax law changes. Excluding the net benefit related to these items, our effective tax benefit rate was 36.6%.

Liquidity and Capital Resources

We believe that our cash on hand coupled with future cash flows from operations and other available sources of liquidity, including our $750 million senior secured revolving credit facility and our amended $550 million receivables-backed facility, together will provide sufficient liquidity to allow us to meet our cash requirements in the next twelve months. Our anticipated uses of cash include capital expenditures; working capital; pension contributions; financial obligations, including tax payments; and certain other costs that may be necessary to execute our cost reduction initiatives. On an ongoing basis, we will evaluate and consider strategic acquisitions, divestitures, joint ventures, or other transactions to create shareholder value and enhance financial performance. As discussed below, we have also instituted a regular quarterly cash dividend policy and began repurchasing shares of our common stock opportunistically. Additionally, from time to time, we may repurchase our outstanding debt obligations in the open market or in privately negotiated transactions. Such transactions may require cash expenditures or generate proceeds.

Under our cash dividend policy, holders of our common stock will receive dividends when and as declared by our Board of Directors. Pursuant to the policy, we expect to pay quarterly dividends with an initial quarterly dividend rate of $0.07 per share ($0.28 per share annually). Quarterly dividends were paid in March and June of 2014 and were funded using borrowings under both the receivables back securities and the senior secured credit facility. Our cash dividend policy is subject to modification, suspension or cancellation in any manner and at any time. Please see “—Return of Capital Strategies” above for additional details regarding the dividend policy.

Additionally, since 1998, our Board of Directors has from time to time authorized the repurchase of our common stock up to an aggregate of $2.38 billion, excluding fees and commissions. We made no share repurchases during the three months ended June 30, 2014 and we repurchased 1,727,275 shares during the six months ended June 30, 2014 for $25.0 million. The repurchase was funded using borrowings under both the receivables-backed facility and the senior secured credit facility. We made no share repurchases during the three months or six months ended June 30, 2013. As of June 30, 2014, $275.0 million was available for repurchases under this program (excluding fees and commissions). Management is authorized to purchase shares from time to time through open market transactions at prevailing prices or in privately negotiated transactions, subject to market conditions and other factors. Shares, when repurchased, are retired.

As of June 30, 2014, $11.4 million of our total cash on hand of $59.8 million was attributable to our foreignoperations. We are evaluating strategies and alternatives with respect to the cash attributable to our foreign operations. However, we believe that our existing sources of liquidity, as described more fully above, will enable us to meet our cash requirements in the next twelve months.

At June 30, 2014, we had $1.0 billion of outstanding debt obligations. We had total cash on hand of $59.8 million and an additional $0.7 billion of combined available future borrowing capacity under our senior secured credit facility and receivables-backed facility, subject to compliance with the covenants in our credit agreements. Based on our current expectations, we believe our liquidity and capital resources will be sufficient to operate our business. However, we may, from time to time, raise additional funds through borrowings or public or private sales of debt or equity securities. The amount, nature and timing of any borrowings or sales of debt or equity securities will depend on our operating performance and other circumstances; our then-current commitments and obligations; the amount, nature and timing of our capital requirements; any limitations imposed by our current credit arrangements; and overall market conditions.

Senior Secured Credit Facility — In July 2013, we entered into a credit agreement pursuant to which the lenders have provided us with a five-year revolving credit facility in the amount of up to $750 million. Under the agreement, we also have the right to request an increase of the aggregate commitment under the credit facility by, and to request incremental term loans or increased revolver commitments of, up to $500 million without the consent of any lenders not participating in such increase, subject to specified conditions. The proceeds of the credit facility will be used to finance our working capital needs and for general corporate purposes of us and our subsidiaries. The senior secured creditfacility is available for the issuance of up to $200 million of letters of credit and up to $150 million of swing line loans. The facility will terminate in July 2018.

On June 12, 2014, we executed an amendment to the senior secured credit facility which modified the consolidated net leverage ratio covenant to permit a maximum consolidated net leverage ratio of 4.00x for each fiscal quarter ending on or prior to September 30, 2014, and 3.50x for each fiscal quarter ending thereafter; and increasing the amount of permitted restricted payments that may be made during any fiscal year, if any such restricted payment would cause our consolidated net leverage ratio to exceed 3.25x, to $30 million from $20 million. For 2014, our previously completed repurchases of common stock of approximately $25 million are excluded from the $30 million limitation.

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Loans outstanding under the senior secured credit facility bear interest, at our election, at either the Adjusted LIBO Rate (as defined in the credit agreement) plus a margin of between 1.25% and 2.25% (2.00% as of June 30, 2014) based on the leverage ratio (as defined in the credit agreement), or the Alternate Base Rate (as defined in the credit agreement) plus a margin of between 0.25% and 1.25% (1.00% as of June 30, 2014) based on the leverage ratio. We are permitted to make optional prepayments of the loans, in whole or in part, without premium or penalty (other than applicable LIBOR breakage costs). Subject to certain exceptions and conditions described in the credit agreement, we are obligated to prepay the credit facility, but without a corresponding commitment reduction, with the net cash proceeds of certain asset sales and with casualty and insurance proceeds.

The senior secured credit facility is guaranteed by our existing and future domestic material restricted subsidiaries (as defined in the credit agreement), which are substantially all of our wholly-owned U.S. subsidiaries other than our receivables securitization subsidiaries. The facility is secured by a first priority perfected security interest in substantially all of our and our guarantors personal property, whether consisting of tangible or intangible property, including a pledge of, and a perfected security interest in, (i) all of the shares of capital stock of the guarantors and (ii) 65% of the shares of our or any guarantor’s first-tier foreign subsidiaries which are material restricted subsidiaries, in each case subject to certain exceptions as set forth in the credit agreement. The collateral does not include any real property, the capital stock and any assets of any unrestricted subsidiary, any shares of Class A common stock of WhiteWave which we owned as of the date the credit agreement was executed, or any capital stock of any direct or indirect subsidiary of Dean Holding Company which owns any real property.

The credit agreement governing the senior secured credit facility contains customary representations, warranties and covenants, including, but not limited to specified restrictions on indebtedness, liens, guarantee obligations, mergers, acquisitions, consolidations, liquidations and dissolutions, sales of assets, leases, payment of dividends and other restricted payments, investments, loans and advances, transactions with affiliates and sale and leaseback transactions. The credit agreement also contains customary events of default and related cure provisions.

At June 30, 2014, there were outstanding borrowings of $52 million under the senior secured revolving credit facility. There were no letters of credit issued under the senior secured revolving credit facility as of June 30, 2014. $698.5 million was available under the senior secured credit facility, subject to compliance with the covenants in our credit agreements. Availability under the senior secured credit facility is calculated using the total commitment amount less current borrowings and issued and outstanding letters of credit.

Dean Foods Receivables-Backed Facility — We have a $550 million receivables securitization facility pursuant towhich certain of our subsidiaries sell their accounts receivable to two wholly-owned entities intended to be bankruptcy-remote. The entities then transfer the receivables to third-party asset-backed commercial paper conduits sponsored by major financial institutions. The assets and liabilities of these two entities are fully reflected in our unaudited Condensed Consolidated Balance Sheets, and the securitization is treated as a borrowing for accounting purposes. The receivables-backed facility is available for the issuance of letters of credit of up to $350 million and has a liquidity termination date in June 2017.

Outstanding borrowings under the receivables-backed facility as of June 30, 2014 were $300 million, excluding letters of credit in the aggregate amount of $212 million that were issued but undrawn, resulting in remaining available borrowing capacity of $38 million. Availability under the receivables-backed facility is calculated using the current receivables balance for the seller entities, less adjustments for customer concentration limits, reserve requirements, and other adjustments as described in the amended and restated receivables repurchase agreement, not to exceed the total commitment amount less current borrowings and outstanding letters of credit.

At August 4, 2014, we had $317 million in outstanding borrowings under the senior secured revolving credit facility and the receivables-backed facility, excluding letters of credit in the aggregate amount of $212 million that were issued but undrawn.

Our leverage ratio at June 30, 2014 was 3.61 times consolidated funded indebtedness to consolidated EBITDA for the prior four consecutive quarters, as defined in our credit agreement. As described in more detail in our credit agreement and the purchase agreement governing our receivables-backed facility, the leverage ratio is calculated as the ratio of consolidated funded indebtedness, less cash up to $100 million to the extent held by us and our restricted subsidiaries, to consolidated EBITDA for the period of four consecutive fiscal quarters ended on the measurement date. Consolidated funded indebtedness is comprised of our outstanding indebtedness and the outstanding indebtedness of certain of our subsidiaries, excluding our unrestricted subsidiaries. Consolidated EBITDA is comprised of net income for us and our restricted subsidiaries plus interest expense, taxes, depreciation and amortization expense and other non-cash expenses, and certain other add-backs for non-recurring charges and other adjustments permitted in calculating covenant compliance under the credit agreement, and is calculated on a pro-forma basis to give effect to any acquisitions, divestitures or relevant changes in our composition or the

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composition of certain of our subsidiaries. In addition, the calculation of consolidated EBITDA may include adjustments related to other charges reasonably acceptable to the administrative agent.

Our interest coverage ratio at June 30, 2014 was 3.63 times consolidated EBITDA to consolidated interest expense for the prior four consecutive quarters, as defined in our credit agreement. As described in more detail in our credit agreement and the purchase agreement governing our receivables-backed facility, our interest coverage ratio is calculated as the ratio of consolidated EBITDA to consolidated interest expense for the period of four consecutive fiscal quarters ended on the measurement date. Consolidated EBITDA is calculated as described above in the discussion of our leverage ratio. Consolidated interest expense is comprised of consolidated interest expense paid or payable in cash by us and our restricted subsidiaries, as calculated in accordance with generally accepted accounting principles, but excluding write-offs or amortization of deferred financing fees and amounts paid on early termination of swap agreements.

We are currently in compliance with all covenants under our credit agreements. On August 11, 2014, we announced our intention to further amend our senior secured credit facility and receivables-backed facility to, among other things, modify the consolidated net leverage ratio covenant to increase our maximum permitted consolidated net leverage ratio as follows: 5.25x for each fiscal quarter ending on or prior to December 31, 2014; 5.00x for each fiscal quarter ending on or prior to March 31, 2015; 4.50x for each fiscal quarter ending on or prior to June 30, 2015; and 4.00x for each fiscal quarter ending thereafter. Pursuant to the proposed amendments, we will also be required to maintain a senior secured net leverage ratio not to exceed 2.50x. Loans outstanding under the senior secured credit facility will bear interest, at our election, at either the Adjusted LIBO Rate (as defined in the credit agreement) plus a margin of between 1.25% and 2.75%, or the Alternate Base Rate (as defined in the credit agreement) plus a margin of between 0.25% and 1.75%, in each case based on our leverage ratio. Based on our current leverage ratio, interest rate margins for borrowings under the senior secured credit facility would increase from 2.25% to 2.50% in the case of Adjusted LIBO Rate loans, and from 1.25% to 1.50% in the case of Alternate Base Rate loans. In addition, advances outstanding under our receivables-backed facility will bear interest between 0.35% and 0.50% based on our leverage ratio, and we will pay a facility fee between 0.45% and 0.60% based on our leverage ratio. Based on our current leverage ratio, interest rates for borrowings under the receivables securitization facility would increase from 0.35% to 0.45%, and the facility fee would increase from 0.45% to 0.55%. We expect these amendments to be entered into later this month, and we would pay customary consent fees and arrangement fees in connection with the amendments. Effectiveness of the amendments is conditioned on board approval, as well as other customary closing conditions.

Historical Cash Flow

The unaudited Condensed Consolidated Statements of Cash Flows include amounts related to discontinued operations, which are primarily related to net proceeds of approximately $1.4 billion received from the sale of Morningstar, completed January 2013, and the WhiteWave Separation, completed in July 2013, both of which have been included as discontinued operations for the for the six months ended June 30, 2013. See Note 2 to our unaudited Condensed Consolidated Financial Statements for additional information regarding our discontinued operations.

The following table summarizes our cash flows from operating, investing and financing activities:

	Six Months Ended June 30
	2014			2013			Change
	(In thousands)
Net cash flows from continuing operations:
Operating activities	$	25,268		$	(245,088	)	$	270,356
Investing activities	(36,066		)	(44,721		)	8,655
Financing activities	53,971			(1,074,814		)	1,128,785
Discontinued operations	—			1,366,084			(1,366,084		)
Effect of exchange rate changes on cash and cash equivalents	(171		)	(155		)	(16		)
Net increase in cash and cash equivalents	$	43,002		$	1,306		$	41,696

Operating Activities

The cash flow from continuing operations for the six months ended June 30, 2013 was impacted by a payment of $212.5 million related to our tax obligation on the sale of Morningstar. Additionally, the prior period operating cash flows was impacted by a $28.1 million termination payment of our remaining interest rate hedges in January 2013, which is described more fully in Note 6 to our unaudited Condensed Consolidated Financial Statements.

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Net cash provided by operating activities was $25.3 million for the six months ended June 30, 2014 compared to net cash used in operating activities of $4.4 million for the six months ended June 30, 2013, excluding the 2013 transactions noted above. This change was primarily due to decreased interest payments on significantly lower average debt balances as a result of the transactions undertaken in 2013 to reduce debt and other working capital changes.

Investing Activities

Net cash used in investing activities decreased by $8.7 million in the six months ended June 30, 2014 in comparison to the six months ended June 30, 2013 and is primarily attributable to increase in proceeds from sale of fixed assets to $17.6 million for the six months ended June 30, 2014 from $4.3 million in the same period in 2013.

Financing Activities

Net cash provided by financing activities of $54.0 million in the six months ended June 30, 2014 improved from net cash used in financing activities of $1.07 billion in the year-ago period, driven by net debt repayments of $1.08 billion in the second quarter of 2013 as compared to proceeds from borrowings of $87.9 million for the six months ended June 30, 2014. Additionally, during the six months ended June 30, 2014, we repurchased shares of common stock for $25.0 million and paid cash dividends in the amount of $13.1 million.

Contractual Obligations

There have been no material changes outside the ordinary course of business to the information provided with respect to our contractual obligations, including indebtedness and purchase and lease obligations, as disclosed in our 2013 Annual Report on Form 10-K.

Other Long-Term Liabilities

We offer pension benefits through various defined benefit pension plans and also offer certain health care and life insurance benefits to eligible employees and their eligible dependents upon the retirement of such employees. Reported costs of providing non-contributory defined pension benefits and other postretirement benefits are dependent upon numerous factors, assumptions and estimates. For example, these costs are impacted by actual employee demographics (including age, compensation levels and employment periods), the level of contributions made to the plan and earnings on plan assets. Pension and postretirement costs also may be significantly affected by changes in key actuarial assumptions, including anticipated rates of return on plan assets and the discount rates used in determining the projected benefit obligation and annual periodic pension costs.

We expect to contribute approximately $11.6 million to the pension plans and approximately $3 million to the postretirement health plans in 2014.

Other Commitments and Contingencies

In connection with our acquisition of Legacy Dean, we purchased Dairy Farmers of America’s (“DFA”) 33.8% interest in our operations in 2001. In connection with that transaction, we issued a contingent, subordinated promissory note to DFA in the original principal amount of $40 million. The promissory note has a 20-year term and bears interest based on the consumer price index. Interest will not be paid in cash but will be added to the principal amount of the note annually, up to a maximum principal amount of $96 million. We may prepay the note in whole or in part at any time, without penalty. The note will only become payable if we materially breach or terminate one of our related milk supply agreements with DFA without renewal or replacement. Otherwise, the note will expire in 2021, without any obligation to pay any portion of the principal or interest. Payments made under the note, if any, would be expensed as incurred. We have not terminated, and we have not materially breached, any of our related milk supply agreements with DFA related to the promissory note. We have previously terminated unrelated supply agreements with respect to several plants that were supplied by DFA. In connection with our goals of accelerated cost control and increased supply chain efficiency, we continue to evaluate our sources of raw milk supply.

We also have the following commitments and contingent liabilities, in addition to contingent liabilities related to ordinary course litigation, investigations and audits:

• certain indemnification obligations related to businesses that we have divested;

• certain lease obligations, which require us to guarantee the minimum value of the leased asset at the end of the lease;

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• selected levels of property and casualty risks, primarily related to employee health care, workers’ compensation claims and other casualty losses; and

• certain litigation-related contingencies.

See Note 12 to our unaudited Condensed Consolidated Financial Statements for more information about our commitments and contingent obligations, including our litigation contingencies.

Future Capital Requirements

During 2014, we intend to invest a total of approximately $150 million to $160 million in capital expenditures primarily for our existing manufacturing facilities and distribution capabilities. We expect cash interest in 2014 to be approximately $53 million to $56 million based upon current debt levels and projected forward interest rates under our senior secured credit facility. Cash interest excludes amortization of deferred financing fees and bond discounts of approximately $5 million and imputed interest of approximately $1 million related to the Tennessee dairy farmer action litigation settlement reached in 2012.

As described more fully in the sections above, from time to time, we may repurchase our outstanding common stock or debt obligations in the open market or in privately negotiated transactions, subject to meeting certain terms and conditions as outlined in our credit agreements. We expect that our future cash flows from operations and borrowings under our senior secured credit facility and receivables-backed facility will be sufficient to meet our future capital requirements for the foreseeable future.

Known Trends and Uncertainties

Prices of Conventional Raw Milk and Other Inputs

Conventional Raw Milk and Butterfat — The primary raw materials used in the products we manufacture, distribute and sell are conventional milk (which contains both raw milk and butterfat) and bulk cream. On a monthly basis, the federal government and certain state governments set minimum prices for raw milk. The regulated minimum prices differ based on how the raw milk is utilized. Raw milk processed into fluid milk is priced at the Class I price and raw milk processed into products such as cottage cheese, creams and creamers, ice cream and sour cream is priced at the Class II price. Generally, we pay the federal minimum prices for raw milk, plus certain producer premiums (or “over-order” premiums) and location differentials. We also incur other raw milk procurement costs in some locations (such as hauling, field personnel, etc.). A change in the federal minimum price does not necessarily mean an identical change in our total raw milk costs as over-order premiums may increase or decrease. This relationship is different in every region of the country and can sometimes differ within a region based on supplier arrangements. However, in general, the overall change in our raw milk costs can be linked to the change in federal minimum prices. Because our Class II products typically have a higher fat content than that contained in raw milk, we also purchase bulk cream for use in some of our Class II products. Bulk cream is typically purchased based on a multiple of the Grade AA butter price on the Chicago Mercantile Exchange (“CME”).

In general, we change the prices charged for Class I dairy products on a monthly basis, as the costs of raw materials, packaging, fuel and other materials fluctuate. Our sales and operating profit margin fluctuate with the price of our raw materials and other inputs. Additionally, in some cases, primarily with respect to diesel fuel and other non-dairy inputs, we are subject to the terms of sales agreements with respect to the implementation of price changes. This can have a negative impact on our profitability and can cause volatility in our earnings. Class I milk prices have continued their rapid and unprecedented rise through July of 2014. Class I raw milk prices were approximately 6% higher during the second quarter of 2014 versus the first quarter of 2014 and were 31% above year-ago levels.

Increasing and record-high dairy commodity costs continue to create one of the most difficult operating environments in the history of our company. Record-high raw milk costs and resulting increases in retail prices have created volume softness throughout the industry. In addition, we have experienced increased pressure on our margins as pricing at retail was pressured by both price gap and price threshold considerations. As Class I raw milk prices continued to move higher, the "margin over milk", or the spread between the Class I mover and the retail price of private label gallons, compressed to $1.39 per gallon in the second quarter of 2014, compared to $1.43 per gallon in the previous quarter, and $1.58 per gallon in the second quarter of 2013. At these unprecedented commodity price levels, our pricing pass-through mechanisms are not entirely efficient and, particularly for our branded products, we have been unwilling or unable to increase our prices commensurate with the higher cost of raw milk, which in turn has negatively impacted our net sales and gross profit.

In addition to record-high Class I raw milk costs, we have been challenged by the increase of butter-fat prices, pressuring our margins across our Class II product offerings, such as ice cream, in its heavy selling season. Prices for certain

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Class II products are also changed monthly, while others are changed from time to time as circumstances warrant. However, there can be a lag between the timing of a raw material cost change and a corresponding price change to our customers, especially in the case of Class II butterfat because Class II butterfat prices for each month are not announced by the government until after the end of that month. Average CME butter prices increased 32% during the second quarter of 2014 versus prior year to $2.12 with the month of June averaging $2.26 per pound. Sustained month over month Class II commodity price increases, as we experienced in the quarter, have created a pricing lag effect that makes it difficult to effectively pass through rising costs fast enough to mitigate sustained inflation across our Class II product set.

Fuel and Resin Costs — We purchase diesel fuel to operate our extensive DSD system, and we incur fuel surcharge expense related to the products we deliver through third-party carriers. Although we may utilize forward purchase contracts and other instruments to mitigate the risks related to commodity price fluctuations, such strategies do not fully mitigate commodity price risk. Adverse movements in commodity prices over the terms of the contracts or instruments could decrease the economic benefits we derive from these strategies.

Another significant raw material we use is resin, which is a fossil fuel based product used to make plastic bottles. We purchase approximately 26 million pounds of resin and bottles per month. The prices of diesel and resin are subject to fluctuations based on changes in crude oil and natural gas prices. For 2014, we expect our fuel costs to be consistent with prior-year levels and our resin costs to be slightly higher than the prior year.

Retail and Customer Environment and Fluid Milk Volumes

The fluid milk industry remains highly competitive. Fluid milk category volumes remained soft and volume declines have accelerated beyond the historical trajectory of the category. As Class I raw milk costs continued to rise through July, the category continued to weaken. Our volumes also were impacted by the loss of a portion of our private-label business with a significant customer in 2013. The impact of this loss began to be reflected in the second quarter of 2013, and the transition of volumes was completed in the fourth quarter of 2013. The lost volumes were primarily related to low-margin, private label fluid milk business and were the result of the renegotiation of certain regional supply arrangements that, going forward, will be subject to renewal over various time frames. Our total volumes declined 4% in the second quarter of 2014 compared to the same period in the prior year as we began to overlap the RFP-driven volume losses. Our share of the fluid milk category, for the three months ended May, 31 2014, was relatively flat versus the prior quarter at approximately 36%. Since bottoming out in the third quarter of 2013, we have increased our share of the fluid milk category by approximately 1%.In terms of our branded versus private-label mix, we ended the second quarter of 2014 at approximately 36% in branded volumes. Since the third quarter of 2013, when raw milk costs began their steady climb, our brand mix has declined approximately 1%. This trade down to private label fluid milk from branded products represents a continuing headwind for our business.

We remain committed to sustaining strong positive cash flow and generating shareholder value. Throughout the remainder of 2014, we will continue to emphasize price realization, cost productivity and volume at margins that deliver an appropriate return, in an effort to improve our operating results. We believe the market continues to be difficult with several factors beyond our control continuing to impact our earnings progression. The fluid milk category continues to show weakness with declining industry volumes. Soft volumes, coupled with ongoing historically high raw milk cost inflation and compressed margins over milk, negate some of the impact of our cost reduction efforts, and make it harder to deliver those cost savings to the bottom line. This year has been one of the most difficult periods in our history. We are cautiously optimistic that there will be some commodity stabilization in the back half of 2014 and declining prices in 2015. We expect to continue to drive improved efficiency and capability across the organization with a view toward positioning ourselves for long-term success.

Tax Rate

Income tax benefit was recorded at an effective rate of 61.9% in the first six months of 2014 compared to a 30.6% effective tax benefit rate in the first six months of 2013. Changes in our profitability levels and the relative earnings of our business units, as well as changes to federal, state, and foreign tax laws, may cause the rate to change from historical rates.

See “Part I — Item 1A — Risk Factors” in our 2013 Annual Report on Form 10-K and "Part II — Item 1A — Risk Factors" in our Quarterly Report on Form 10-Q herein for a description of various other risks and uncertainties concerning our business.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

There have been no material changes in our quantitative and qualitative disclosures about market risk as set forth in our 2013 Annual Report on Form 10-K.

47

Item 4. Controls and Procedures

Controls Evaluation and Related Certifications

We conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (“Exchange Act”), referred to herein as “Disclosure Controls”) as of the end of the period covered by this quarterly report. The controls evaluation was performed under the supervision and with the participation of management, including our Chief Executive Officer (CEO) and Chief Financial Officer (CFO). Based upon our most recent controls evaluation, our CEO and CFO have concluded that our Disclosure Controls were effective as of June 30, 2014.

Changes in Internal Control over Financial Reporting

During the period covered by this quarterly report, there have been no changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

48

Part II — Other Information

Item 1. Legal Proceedings

Tennessee Retailer and Indirect Purchaser Actions

A putative class action antitrust complaint (the “retailer action”) was filed on August 9, 2007 in the United States District Court for the Eastern District of Tennessee. Plaintiffs allege generally that we, either acting alone or in conjunction with others in the milk industry who are also defendants in the retailer action, lessened competition in the Southeastern United States for the sale of processed fluid Grade A milk to retail outlets and other customers, and that the defendants’ conduct also artificially inflated wholesale prices for direct milk purchasers. Defendants’ motion for summary judgment in the retailer action was granted in part and denied in part in August 2010. Defendants filed a motion for reconsideration, renewed their request for summary judgment in September 2010. In March 2012, the Court granted summary judgment in favor of defendants as to all remaining counts and entered judgment in favor of all defendants, including the Company. Plaintiffs appealed the court’s decision in April 2012. Briefing on the appeal was completed in April 2013, and oral argument occurred in July 2013. In January 2014, the appeals court reversed the judgment for the defendants, including the Company, on one of the original five counts in the Tennessee retailer action. In February 2014, the Company requested that the Sixth Circuit Court of Appeals consider its decision en banc; the Sixth Circuit declined to do so. The Company filed a petition to the U.S. Supreme Court for review of the case on August 1, 2014. The Sixth Circuit returned the case to the trial court for further proceedings. The parties have agreed to submit a proposed schedule for further proceedings in the trial court on or before August 29, 2014. The parties have also agreed to defer further proceedings in the trial court until there is a determination by the Supreme Court whether to review the decision of the Court of Appeals.

On June 29, 2009, another putative class action lawsuit was filed in the Eastern District of Tennessee, Greeneville Division, on behalf of indirect purchasers of processed fluid Grade A milk (the “indirect purchaser action”). The allegations in this complaint are similar to those in the retailer action, but primarily involve state law claims. Because the allegations in the indirect purchaser action substantially overlap with the allegations in the retailer action, the Court granted the parties’ joint motion to stay all proceedings in the indirect purchaser action pending the outcome of the summary judgment motions in the retailer action. On August 16, 2012, the indirect purchaser plaintiffs voluntarily dismissed their lawsuit. On January 17, 2013, these same plaintiffs filed a new lawsuit in the Eastern District of Tennessee, Greeneville Division, on behalf of a putative class of indirect purchasers of processed fluid Grade A milk (the “2013 indirect purchaser action”). The allegations are similar to those in the voluntarily dismissed indirect purchaser action, but involve only claims arising under Tennessee law. The Company filed a motion to dismiss on April 30, 2013. On June 14, 2013, the indirect purchaser plaintiffs responded to the Company’s motion to dismiss and filed an amended complaint. On July 1, 2013, the Company filed a motion to dismiss the amended complaint. Briefing on the motion to dismiss was completed on August 15, 2013.

At this time, it is not possible for us to predict the ultimate outcome of these matters.

In addition to the pending legal proceedings set forth above, we are party from time to time to certain claims, litigations, audits and investigations. Potential liabilities associated with these other matters are not expected to have a material adverse impact on our financial position, results of operations or cash flows.

Other

In late 2013, we either settled or entered into settlement negotiations with the vast majority of states in regards to our obligations under state unclaimed property laws, the results of which did not have a material adverse impact on our financial position, results of operations or cash flows.

Item 1A. Risk Factors

In addition to the other information set forth in this Quarterly Report on Form 10-Q, the reader should carefully consider the factors discussed in Part I, “Item 1A. Risk Factors” in the Company’s 2013 Annual Report on Form 10-K. There have been no material changes in the Company's risk factors from those disclosed in Part I, Item 1A, of the Company's 2013 Annual Report on Form 10-K with the exception of the items listed below.

It is difficult to predict the long-term effects of the recent extended period of record-high commodity prices on the dairy industry and our business.

Class I milk prices are near all-time highs and such prices have remained high for an extended period of time. We cannot predict if or when prices will moderate and, if they moderate, how long such lower pricing will be in effect. It is difficult to predict the impact that such a long period of sustained high prices will have on consumer demand and preferences for milk and

49

other dairy products. The fluid milk category has experienced higher than average volume declines over the past few months. If and when the Class I milk prices moderate, there can be no assurance that fluid milk volumes will return to previous levels or that there will not have been a fundamental change in the purchasing habits of consumers. If we are not able to respond to such changes, our profitability could be adversely affected.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Not Applicable.

50

Item 6. Exhibits

3.1	Certificate of Amendment of Restated Certificate of Incorporation, as amended, of Dean Foods Company (incorporated by reference to Exhibit 3.1 to Current Report on Form 8-K filed May 20, 2014).
3.2	Amended and Restated Bylaws of Dean Foods Company, effective as of May15, 2014 (incorporated by reference to Exhibit 3.1 to Current Report on Form 8-K filed May 20, 2014).
10.1	Dean Foods Company 2014 Amended Short-Term Incentive Compensation Plan (filed herewith).
10.2	Amendment No. 1 to Credit Agreement, dated as of June 12, 2014, by and among Dean Foods Company; the lenders listed on the signature pages thereof; and JPMorgan Chase Bank, N.A., in its capacity as Administrative Agent (incorporated by reference to Exhibit 10.1 to Current Report on Form 8-K filed June 16, 2014).
10.3	The Sixth Amended and Restated Receivables Purchase Agreement, dated as of June 12, 2014, among Dairy Group Receivables L.P. and Dairy Group Receivables II, L.P., as Sellers; the Servicers, Companies and Financial Institutions listed therein; and Cooperatieve Centrale Raiffeisen - Boerenleenbank B.A. “Rabobank International”, New York Branch, as Agent (incorporated by reference to Exhibit 10.2 to Current Report on Form 8-K filed June 16, 2014).
31.1	Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
31.2	Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
32.1	Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
32.2	Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
99	Supplemental Financial Information for Dean Holding Company (filed herewith).
101.INS XBRL Instance Document(1).
101.SCH XBRL Taxonomy Extension Schema Document(1).
101.CAL XBRL Taxonomy Calculation Linkbase Document(1).
101.DEF XBRL Taxonomy Extension Definition Linkbase Document(1).
101.LAB XBRL Taxonomy Label Linkbase Document(1).
101.PRE XBRL Taxonomy Presentation Linkbase Document(1).

(1) Submitted electronically herewith.

51

SIGNATURES

Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

DEAN FOODS COMPANY

/S/ SCOTT K. VOPNI

Scott K. Vopni

Senior Vice President and Chief Accounting Officer

August 11, 2014

52

Exhibit Index

3.1	Certificate of Amendment of Restated Certificate of Incorporation, as amended, of Dean Foods Company (incorporated by reference to Exhibit 3.1 to Current Report on Form 8-K filed May 20, 2014).
3.2	Amended and Restated Bylaws of Dean Foods Company, effective as of May15, 2014 (incorporated by reference to Exhibit 3.1 to Current Report on Form 8-K filed May 20, 2014).
10.1	Dean Foods Company 2014 Amended Short-Term Incentive Compensation Plan (filed herewith).
10.2	Amendment No. 1 to Credit Agreement, dated as of June 12, 2014, by and among Dean Foods Company; the lenders listed on the signature pages thereof; and JPMorgan Chase Bank, N.A., in its capacity as Administrative Agent (incorporated by reference to Exhibit 10.1 to Current Report on Form 8-K filed June 16, 2014).
10.3	The Sixth Amended and Restated Receivables Purchase Agreement, dated as of June 12, 2014, among Dairy Group Receivables L.P. and Dairy Group Receivables II, L.P., as Sellers; the Servicers, Companies and Financial Institutions listed therein; and Cooperatieve Centrale Raiffeisen - Boerenleenbank B.A. “Rabobank International”, New York Branch, as Agent (incorporated by reference to Exhibit 10.2 to Current Report on Form 8-K filed June 16, 2014).
31.1	Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
31.2	Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
32.1	Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
32.2	Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
99	Supplemental Financial Information for Dean Holding Company (filed herewith).
101.INS XBRL Instance Document(1).
101.SCH XBRL Taxonomy Extension Schema Document(1).
101.CAL XBRL Taxonomy Calculation Linkbase Document(1).
101.DEF XBRL Taxonomy Extension Definition Linkbase Document(1).
101.LAB XBRL Taxonomy Label Linkbase Document(1).
101.PRE XBRL Taxonomy Presentation Linkbase Document(1).

(1) Submitted electronically herewith.

53

EX-10.1

DEAN FOODS AMENDED CORPORATE

2014 SHORT-TERM INCENTIVE COMPENSATION PLAN

Purpose: To (i) align employee variable cash compensation with the annual objectives of the Company, (ii) motivate employees to create sustained shareholder value, and (iii) ensure retention of key employees by ensuring that cash compensation remains competitive.

Participants: Employees of Dean Foods who are in positions to influence and/or control results in their specific areas of responsibility and/or the Corporation. In particular, salary grade levels 9 and above are eligible to participate.

Payout The criteria for payment to Participants under this Plan and

Criteria: the weighting of such criteria is based on individual target incentive percentages, performance against financial targets, and performance against individual objectives as set forth below. Depending on the Participant’s role in the organization, Individual Objectives may be based on Corporate, Functional, Business Unit, or Individual Objectives and will be noted as Individual Objectives in the Components.

Participant Group	Components
Chief Executive Officer EVP, CFO EVP, CCO EVP, General Counsel & Secretary EVP, HR SVP, CIO SVP, Operations & Procurement SVP, Finance & Treasurer SVP, CAO SVP, Logistics SVP, Procurement All Corporate Staff not covered by another STI plan	- 60% Financial Objectives 60% = Dean Foods Operating Income - 40% Individual Objectives

Payout Scales: The financial payout factor is 0% - 200% based on actual performance against approved objectives. The individual objective factor is 0% - 200% of actual performance against approved objectives. Payments under the Dean Foods Short-Term Incentive (STI) Compensation Plan are variable in nature and are not guaranteed.

Financial Approved financial objectives and the range of performance

Objectives for each objective for the Plan Year along with the corresponding

Performance payout factor scale based on actual performance will be included

Payout Factor: in the Administrative Guidelines for the Plan. The STI Plan Year is the same as the Dean Foods fiscal year.

Individual Each Plan Participant has 40% of their STI target calculated against the

Objectives: attainment of certain specified individual objectives as determined by the Participant’s supervisor and / or Compensation Committee of the Board of Directors. Actual earned awards are based on the individual’s performance rating under the Performance Management Process and the determination of final percentage targets against which the 40% will apply.

Adjustment of Upon the recommendation of the CEO, the Compensation Committee may (but

Targets /        has no obligation to) adjust the criteria, targets, actuals, or payout scale upon the

Actuals: occurrence of extraordinary events or circumstances. Significant acquisitions or dispositions of assets or companies or issuances or repurchases of common stock or other equity interests may, at the Compensation Committee’s discretion,

1

DEAN FOODS AMENDED CORPORATE

2014 SHORT-TERM INCENTIVE COMPENSATION PLAN

result in an adjustment to the Dean Foods financial target or plan-specific financial target.

Determination Individual target incentives for specific positions are included in the Dean Foods

of Individual Compensation Program. The Company may make adjustments to an individual’s

Target Incentive: target incentive based on market conditions or business requirements, as necessary.

Definitions: “Disability” is defined as permanent and total disability (within the meaning of Section 22(e)(3) of the Internal Revenue Service Code (“Code”).

“Retirement” is defined as (i) age fifty-five (55), so long as the Participant has completed at least ten (10) years of continuous service immediately prior to retirement, or (ii) age sixty-five (65).

Eligibility: Eligibility is determined by salary grade in the Company, or as approved by the Executive Vice President Human Resources, or designate. Participants must be employed by the Company on the last working day of the Plan Year in order to receive an incentive award, except as otherwise provided by State law.

A Participant is disqualified from receiving any incentive award (financial and / or individual) under the Plan if: (1) the Participant receives a Significantly Below Target (or equivalent) performance rating for the plan year or (2) the Participant is terminated for Cause, as defined below, at any point during the Plan year or between the last working day of the Plan Year and the date the incentive award is paid, except as otherwise provided by State law.

For a Participant receiving a Below Target (or equivalent) performance rating for the plan year, the sum of the financial and individual award cannot exceed 100% of the Participant’s target incentive.

If a Participant dies, becomes disabled, or retires prior to the payment of awards or if a Participant’s job is eliminated and such job elimination makes the Participant eligible to receive benefits under a Company severance plan or policy, the Participant may receive a payout, at the time other incentive awards are paid, based on actual time in the position and actual results of the company.

Eligibility and individual target amounts may be prorated. A Participant’s year-end base salary will be used to calculate the incentive award in the case of those individuals actively employed by the Company on the last working day of the Plan Year. A Participant’s base salary at the time of death, disability, retirement, or job elimination will be used to calculate the prorated incentive award in those specific circumstances. All proration of incentive awards will be calculated based on whole month participation. If an employee becomes eligible to participate in the Plan, transfers between Plans, changes target participation in the Plan, or becomes ineligible to participate in the Plan between the first day of the month and the 15^th of the month, the incentive award will be calculated based on full month participation. If the eligibility change occurs between the 16^th of the month and the end of the month, the incentive award will be calculated beginning with the full calendar month following the change. There will be no award made for employees hired after December 15^th of the Plan Year.

“Cause” Defined: For purposes of this Agreement, “Cause” means a Participant’s (i) willful failure to perform substantially a Participant’s duties; (ii) willful or serious misconduct that has caused, or could reasonably be expected to result in, material injury to the business or reputation of the Company; (iii) conviction of, or entering a plea of guilty or nolo contendere to, a crime constituting a felony; (iv) breach of any written covenant or agreement with the Company, any material written policy of

2

DEAN FOODS AMENDED CORPORATE

2014 SHORT-TERM INCENTIVE COMPENSATION PLAN

the Company or any Company code of conduct or code of ethics, or (v) failure to cooperate with the Company in any internal investigation or administrative, regulatory or judicial proceeding.

Repayment All Plan participants agree and acknowledge that this Plan is subject to the

Provision: policies that the Compensation Committee of the Dean Foods Board of Directors may adopt from time to time, with respect to the repayment to the Company of any benefit received pursuant to this Plan, including “clawback” policies.

Plan Amendment: On May 14, 2014, the Compensation Committee of the Board of Directors of Dean Foods amended the Plan. Notwithstanding anything else in the Plan to the contrary, the amended Plan provides an alternative calculation of the financial objectives performance portion of a participant’s STI payment using the financial results only from the second half of 2014 (i.e., July 1, 2014 – December 31, 2014). No participant may earn more than 50% of her or his financial performance targeted portion of the STI when applying this alternative calculation. If the entire year financial results produce the greater STI payout, the alternative calculation shall not apply. If the alternative calculation results in a higher STI payout than the employee or executive would have received based on a calculation of the entire year financial results, then such calculation will be used in determining the employee or executive’s STI financial results payment.

3

EX-31.1

Exhibit 31.1

Certification

I, Gregg A. Tanner, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Dean Foods Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

/S/ GREGG A. TANNER

Chief Executive Officer and Director

August 11, 2014

EX-31.2

Exhibit 31.2

Certification

I, Chris Bellairs, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Dean Foods Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/S/ CHRIS BELLAIRS

Executive Vice President and

Chief Financial Officer

August 11, 2014

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Quarterly Report on Form 10-Q of Dean Foods Company (the "Company") for the quarter ended June 30, 2014, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Gregg A. Tanner, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge the Report fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934, as amended, and the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/S/ GREGG A. TANNER

Gregg A. Tanner

Chief Executive

Officer and Director

August 11, 2014

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Quarterly Report on Form 10-Q of Dean Foods Company (the "Company") for the quarter ended June 30, 2014, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Chris Bellairs, Executive Vice President and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge the Report fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934, as amended, and the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/S/ CHRIS BELLAIRS

Chris Bellairs

Executive Vice President and Chief

Financial Officer

August 11, 2014

EX-99

EXHIBIT 99

DEAN HOLDING COMPANY

CONSOLIDATED BALANCE SHEET INFORMATION

(Unaudited)

(In thousands)

	June 30, 2014
Assets
Current assets:
Cash and cash equivalents	$	14,204
Receivables, net	320,389
Income taxes receivable	7,959
Inventories	131,749
Deferred income taxes	12,863
Prepaid expenses and other current assets	10,966
Total current assets	498,130
Property, plant and equipment, net	493,528
Goodwill	44,057
Identifiable intangible and other assets, net	177,147
Total	$	1,212,862
Liabilities and Parent’s Net Investment
Current liabilities:
Accounts payable and accrued expenses	$	254,312
Total current liabilities	254,312
Long-term debt	272,106
Deferred income taxes	102,091
Other long-term liabilities	47,126
Parent’s net investment:
Parent’s net investment	539,811
Accumulated other comprehensive loss	(2,584		)
Total parent’s net investment	537,227
Total	$	1,212,862

DEAN HOLDING COMPANY

CONSOLIDATED OPERATING INFORMATION

(Unaudited)

(In thousands)

	Six Months Ended June 30, 2014
Net sales	$	2,233,982
Cost of sales	1,854,426
Gross profit	379,556
Operating costs and expenses:
Selling and distribution	306,263
General and administrative	29,758
Amortization of intangibles	817
Restructuring and non-recurring costs	1,422
Total operating costs and expenses	338,260
Operating income	41,296
Other expense:
Interest expense	5,911
Other expense, net	43,034
Total other expense	48,945
Loss from continuing operations before income taxes	(7,649		)
Income tax benefit	(14,423		)
Net income	6,774
Loss on sale of discontinued operations, net of tax	(61		)
Other comprehensive income, net of tax	772
Comprehensive income	$	7,485

3

XML

Goodwill and Intangible Assets - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 86,841		$ 86,841		$ 86,841
Amortization expense on intangible assets	$ 717	$ 925	$ 1,461	$ 1,875

XML

Common Stock and Share-Based Compensation - Additional Information (Detail) (USD $)	0 Months Ended	1 Months Ended	6 Months Ended		3 Months Ended	6 Months Ended
	Mar. 27, 2014	Nov. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2013 Common Stock	Jun. 30, 2014 Common Stock	Jun. 30, 2013 Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Quarterly dividends expected (in dollars per share)		$ 0.07
Annual dividends expected (in dollars per share)		$ 0.28
Dividends paid (in dollars per share)	$ 0.07
Authorized amount for common share repurchase threshold						$ 2,380,000,000.00
Repurchase of common stock (in shares)					0	(1,727,275)	0
Remaining authorized amount for common share repurchase						$ 275,000,000
Stock options granted			0	0

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Derivative Financial Instruments and Fair Value Measurements - Additional Information (Detail) (USD $)	3 Months Ended				6 Months Ended
	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Jan. 31, 2013	Dec. 31, 2012
Derivatives, Fair Value [Line Items]
Notional amount								$ 1,000,000,000
Payment on termination of interest rate swaps				28,000,000
Derivative loss reclassified from accumulated other comprehensive income, before tax						28,100,000
Derivative loss reclassified from accumulated other comprehensive income, net of tax						17,300,000
Accumulated other comprehensive loss, net of tax	(55,237,000)	(56,166,000)	285,955,000	(176,277,000)	(55,237,000)	285,955,000	(57,190,000)		(186,584,000)
Minimum outstanding purchase commitment range					1 month
Maximum outstanding purchase commitment range					1 year
Reclassification to income statement related to de-designation of cash flow hedges	0	(220,000)	0		(220,000)	0
2017 Swaps Novated To White Wave
Derivatives, Fair Value [Line Items]
Noncontrolling interest (percent)									13.30%
Accumulated other comprehensive loss, before tax			63,400,000			63,400,000
Accumulated other comprehensive loss, net of tax			$ 38,900,000			$ 38,900,000

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Common Stock and Share-Based Compensation - Summary of Stock Option Activity (Detail) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options outstanding at January 1, 2014	5,055,035
Granted	0	0
Forfeited and canceled	(401,734)
Exercised	(449,363)
Options outstanding at June 30, 2014	4,203,938
Options exercisable at June 30, 2014	4,072,329
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Options outstanding at January 1, 2014, Weighted average exercise price	$ 19.35
Granted, Weighted average exercise price	$ 0.00
Forfeited and canceled, Weighted average exercise price	$ 21.34
Exercised, Weighted average exercise price	$ 14.73
Options outstanding at June 30, 2014, Weighted average exercise price	$ 19.65
Options exercisable at June 30, 2014, Weighted average exercise price	$ 19.94
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Options outstanding at June 30, 2014, Weighted Average Contractual Life	3 years 5 months 23 days
Options exercisable at June 30, 2014, Weighted Average Contractual Life	3 years 4 months 6 days
Options outstanding at June 30, 2014, Aggregate Intrinsic Value	$ 5,809,572
Options exercisable at June 30, 2014, Aggregate Intrinsic Value	$ 4,915,061

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Debt - Condensed Consolidating Statement of Comprehensive Income (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014	Jun. 30, 2013
Condensed Income Statements, Captions [Line Items]
Net sales	$ 2,393,869		$ 2,227,542		$ 4,734,909	$ 4,519,972
Cost of sales	1,994,781		1,755,242		3,919,646	3,552,440
Gross profit	399,088		472,300		815,263	967,532
Selling and distribution	334,932		331,678		674,311	671,675
General and administrative	70,777		86,388		143,076	171,352
Amortization of intangibles	717		925		1,461	1,875
Facility closing and reorganization costs	728		4,939		1,705	10,549
Litigation settlements	0		(1,019)		(2,521)	(1,019)
Impairment of long-lived assets			3,604			37,519
Other Operating Income	(4,535)		2,209		(4,535)	2,209
Interest expense	15,221		90,122		30,244	149,771
Other (income) expense, net	48		(528)		(273)	(363)
Loss from continuing operations before income taxes	(18,800)		(46,018)		(28,205)	(76,036)
Income tax benefit	(17,837)		(13,961)		(17,450)	(23,239)
Income (loss) before equity in earnings (loss) of subsidiaries	(963)		(32,057)		(10,755)	(52,797)
Equity in earnings (loss) of consolidated subsidiaries	0		0		0	0
Loss from continuing operations	(963)	[1]	(32,057)	[1]	(10,755)	(52,797)	[1]
Income (loss) from discontinued operations, net of tax	0		(21,761)		0	2,891
Gain (loss) on sale of discontinued operations, net of tax	318		(65)		1,154	491,820
Net income (loss)	(645)		(53,883)		(9,601)	441,914
Other comprehensive income, net of tax	929		429,870		1,953	438,130
Net loss attributable to non-controlling interest in discontinued operations	0		(2,987)		0	(6,179)
Net income (loss) attributable to Dean Foods Company	(645)		(56,870)		(9,601)	435,735
Other comprehensive income, net of tax, attributable to Dean Foods Company			429,208			439,514
Comprehensive income (loss) attributable to Dean Foods Company	284		372,338		(7,648)	875,249
Dean Foods Company
Condensed Income Statements, Captions [Line Items]
Net sales	0		0		0	0
Cost of sales	0		0		0	0
Gross profit	0		0		0	0
Selling and distribution	0		0		0	0
General and administrative	785		(362)		618	(365)
Amortization of intangibles	0		0		0	0
Facility closing and reorganization costs	0		0		0	0
Litigation settlements			(1,019)		(2,521)	(1,019)
Impairment of long-lived assets			0			0
Other Operating Income	0		0		0	0
Interest expense	11,206		86,124		21,811	141,816
Other (income) expense, net	(900)		400		(600)	400
Loss from continuing operations before income taxes	(11,091)		(85,143)		(19,308)	(140,832)
Income tax benefit	(4,404)		(29,975)		(5,325)	(50,284)
Income (loss) before equity in earnings (loss) of subsidiaries	(6,687)		(55,168)		(13,983)	(90,548)
Equity in earnings (loss) of consolidated subsidiaries	6,039		(1,702)		3,543	526,283
Loss from continuing operations	(648)		(56,870)		(10,440)	435,735
Income (loss) from discontinued operations, net of tax			0			0
Gain (loss) on sale of discontinued operations, net of tax	2		0		838	0
Net income (loss)	(646)		(56,870)		(9,602)	435,735
Other comprehensive income, net of tax	724				1,146
Net loss attributable to non-controlling interest in discontinued operations			0			0
Net income (loss) attributable to Dean Foods Company			(56,870)			435,735
Other comprehensive income, net of tax, attributable to Dean Foods Company			425,212			447,267
Comprehensive income (loss) attributable to Dean Foods Company	78		368,342		(8,456)	883,002
Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Net sales	2,389,910		2,223,253		4,727,964	4,512,425
Cost of sales	1,991,705		1,752,214		3,914,178	3,547,108
Gross profit	398,205		471,039		813,786	965,317
Selling and distribution	334,540		331,159		673,619	670,893
General and administrative	69,567		86,357		141,434	170,837
Amortization of intangibles	717		925		1,461	1,875
Facility closing and reorganization costs	728		4,939		1,705	10,549
Litigation settlements			0		0	0
Impairment of long-lived assets			3,604			34,105
Other Operating Income	(4,535)		2,209		(4,535)	2,209
Interest expense	3,058		3,016		6,040	5,901
Other (income) expense, net	988		(536)		1,157	(174)
Loss from continuing operations before income taxes	(6,858)		39,366		(7,095)	69,122
Income tax benefit	(13,084)		16,123		(11,641)	28,818
Income (loss) before equity in earnings (loss) of subsidiaries	6,226		23,243		4,546	40,304
Equity in earnings (loss) of consolidated subsidiaries	(594)		297		(1,410)	(2,249)
Loss from continuing operations	5,632		23,540		3,136	38,055
Income (loss) from discontinued operations, net of tax			0			0
Gain (loss) on sale of discontinued operations, net of tax	(61)		(63)		(61)	491,825
Net income (loss)	5,571		23,477		3,075	529,880
Other comprehensive income, net of tax	40				87
Net loss attributable to non-controlling interest in discontinued operations			0			0
Net income (loss) attributable to Dean Foods Company			23,477			529,880
Other comprehensive income, net of tax, attributable to Dean Foods Company			152			293
Comprehensive income (loss) attributable to Dean Foods Company	5,611		23,629		3,162	530,173
Non-Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Net sales	3,959		4,289		6,945	7,547
Cost of sales	3,076		3,028		5,468	5,332
Gross profit	883		1,261		1,477	2,215
Selling and distribution	392		519		692	782
General and administrative	425		393		1,024	880
Amortization of intangibles	0		0		0	0
Facility closing and reorganization costs	0		0		0	0
Litigation settlements			0		0	0
Impairment of long-lived assets			0			3,414
Other Operating Income	0		0		0	0
Interest expense	957		982		2,393	2,054
Other (income) expense, net	(40)		(392)		(830)	(589)
Loss from continuing operations before income taxes	(851)		(241)		(1,802)	(4,326)
Income tax benefit	(349)		(109)		(484)	(1,773)
Income (loss) before equity in earnings (loss) of subsidiaries	(502)		(132)		(1,318)	(2,553)
Equity in earnings (loss) of consolidated subsidiaries	0				0	0
Loss from continuing operations	(502)		(132)		(1,318)	(2,553)
Income (loss) from discontinued operations, net of tax			(21,761)			2,891
Gain (loss) on sale of discontinued operations, net of tax	377		(2)		377	(5)
Net income (loss)	(125)		(21,895)		(941)	333
Other comprehensive income, net of tax	165				720
Net loss attributable to non-controlling interest in discontinued operations			(2,987)			(6,179)
Net income (loss) attributable to Dean Foods Company			(24,882)			(5,846)
Other comprehensive income, net of tax, attributable to Dean Foods Company			3,844			(8,046)
Comprehensive income (loss) attributable to Dean Foods Company	40		(21,038)		(221)	(13,892)
Eliminations
Condensed Income Statements, Captions [Line Items]
Net sales	0		0		0	0
Cost of sales	0		0		0	0
Gross profit	0		0		0	0
Selling and distribution	0		0		0	0
General and administrative	0		0		0	0
Amortization of intangibles	0		0		0	0
Facility closing and reorganization costs	0		0		0	0
Litigation settlements			0		0	0
Impairment of long-lived assets			0			0
Other Operating Income	0		0		0	0
Interest expense	0		0		0	0
Other (income) expense, net	0		0		0	0
Loss from continuing operations before income taxes	0		0		0	0
Income tax benefit	0		0		0	0
Income (loss) before equity in earnings (loss) of subsidiaries	0		0		0	0
Equity in earnings (loss) of consolidated subsidiaries	(5,445)		1,405		(2,133)	(524,034)
Loss from continuing operations	(5,445)		1,405		(2,133)	(524,034)
Income (loss) from discontinued operations, net of tax			0			0
Gain (loss) on sale of discontinued operations, net of tax	0		0		0	0
Net income (loss)	(5,445)		1,405		(2,133)	(524,034)
Other comprehensive income, net of tax	0				0
Net loss attributable to non-controlling interest in discontinued operations			0			0
Net income (loss) attributable to Dean Foods Company			1,405			(524,034)
Other comprehensive income, net of tax, attributable to Dean Foods Company			0			0
Comprehensive income (loss) attributable to Dean Foods Company	$ (5,445)		$ 1,405		$ (2,133)	$ (524,034)

[1] All applicable share data and per share amounts have been adjusted retroactively for the 1-for-2 reverse stock split effected on August 26, 2013.

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General - Additional Information (Detail)	0 Months Ended
	Aug. 26, 2013	Jun. 30, 2014 Minimum Brand
General [Line Items]
Number of local and regional brands and private labels - more than 50		50
Reverse stock split ratio	0.5

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Common Stock and Share-Based Compensation - Summary of Phantom Share Activity (Detail) (Phantom Shares, USD $)	6 Months Ended
	Jun. 30, 2014
Phantom Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding at January 1, 2014	1,111,059
Granted	573,325
Converted/paid	(536,575)
Forfeited	(70,540)
Outstanding at June 30, 2014	1,077,269
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Outstanding at January 1, 2014	$ 17.72
Granted	$ 14.23
Converted/paid	$ 17.69
Forfeited	$ 17.09
Outstanding at June 30, 2014	$ 15.92

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Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Gross Carrying Amount and Accumulated Amortization of Intangible Assets Other Than Goodwill

The gross carrying amount and accumulated amortization of our intangible assets other than goodwill as of June 30, 2014 and December 31, 2013 are as follows:

	June 30, 2014							December 31, 2013
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(In thousands)
Intangible assets with indefinite lives:
Trademarks	$	221,681	$	—		$	221,681	$	221,681	$	—		$	221,681
Intangible assets with finite lives:
Customer-related and other	49,225		(29,864		)	19,361		49,225		(28,575		)	20,650
Trademarks	8,096		(5,175		)	2,921		8,096		(5,002		)	3,094
Total	$	279,002	$	(35,039	)	$	243,963	$	279,002	$	(33,577	)	$	245,425

Estimated Aggregate Finite-Lived Intangible Asset Amortization Expense

Estimated aggregate intangible asset amortization expense for the next five years is as follows (in millions):

2014	$	2.9
2015	2.9
2016	2.8
2017	2.2
2018	2.0

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Derivative Financial Instruments and Fair Value Measurements - Gains and Losses on Derivatives Designated as Cash Flow Hedges (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013		Jun. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Losses on interest rate swap contracts	$ 63,424	[1]	$ 94,832	[1]
Losses on commodities contracts	(66)	[2]	255	[2]
(Gains) losses on foreign currency contracts	$ 0	[3]	$ (78)	[3]

[1] Recorded in interest expense in our unaudited Condensed Consolidated Statements of Operations.

[2] Recorded in distribution expense or cost of sales, depending on commodity type, in our unaudited Condensed Consolidated Statements of Operations.

[3] Recorded in cost of sales in our unaudited Condensed Consolidated Statements of Operations.

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Debt - Schedule of Debt Instruments (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014		Dec. 31, 2013
Debt Instrument [Line Items]
Debt obligations	$ 986,339		$ 897,262
Less current portion	(698)		(698)
Total long-term portion	985,641		896,564
Dean Foods Company
Debt Instrument [Line Items]
Debt obligations	551,019		549,641
Dean Foods Company | Senior secured credit facility
Debt Instrument [Line Items]
Credit facility	51,510		50,250
Weighted average rate (percent)	1.66%	[1]	1.67%	[1]
Subsidiary
Debt Instrument [Line Items]
Debt obligations	435,320		347,621
Subsidiary | Capital lease and other
Debt Instrument [Line Items]
Capital lease and other	1,483		1,813
Subsidiary | Receivables Securitization
Debt Instrument [Line Items]
Receivables-back facility	300,000		213,000
Interest rate (percent)	0.987%		1.19%
Senior Notes Due 2016 | Dean Foods Company
Debt Instrument [Line Items]
Senior notes	475,697		475,579
Interest rate (percent)	7.00%		7.00%
Senior Notes Due 2018 | Dean Foods Company
Debt Instrument [Line Items]
Senior notes	23,812		23,812
Interest rate (percent)	9.75%		9.75%
Senior Notes Due 2017 | Subsidiary
Debt Instrument [Line Items]
Senior notes	$ 133,837		$ 132,808
Weighted average rate (percent)	6.90%		6.90%

[1] Represents a weighted average rate, including applicable interest rate margins, for the credit facility.

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Inventories - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Inventory Disclosure [Abstract]
Inventories, net of reserves	$ 0.4	$ 0.8

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Derivative Financial Instruments and Fair Value Measurements - Carrying Value and Fair Value of Senior Notes and Subsidiary Senior Notes (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Subsidiary | Senior Notes Due 2017
Debt Instrument [Line Items]
Senior Notes, Carrying Value	$ 133,837	$ 132,808
Senior Notes, Fair Value	155,845	153,005
Dean Foods Company | Senior Notes Due 2016
Debt Instrument [Line Items]
Senior Notes, Carrying Value	475,697	475,579
Senior Notes, Fair Value	522,616	527,378
Dean Foods Company | Senior Notes Due 2018
Debt Instrument [Line Items]
Senior Notes, Carrying Value	23,812	23,812
Senior Notes, Fair Value	$ 26,253	$ 26,908

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Facility Closing and Reorganization Costs - Facility Closing and Reorganization Costs (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Restructuring Reserve [Roll Forward]
Charges and Adjustments	$ 728	$ 4,939	$ 1,705	$ 10,549
Restructuring Charges, Cash
Restructuring Reserve [Roll Forward]
Accrued Charges at December 31, 2013			17,389
Charges and Adjustments			1,764
Payments			(4,323)
Accrued Charges at June 30, 2014	14,830		14,830
Restructuring Charges, Cash | Workforce Reduction Costs
Restructuring Reserve [Roll Forward]
Accrued Charges at December 31, 2013			9,028
Charges and Adjustments			(44)
Payments			(1,729)
Accrued Charges at June 30, 2014	7,255		7,255
Restructuring Charges, Cash | Shutdown Costs
Restructuring Reserve [Roll Forward]
Accrued Charges at December 31, 2013			0
Charges and Adjustments			1,355
Payments			(1,355)
Accrued Charges at June 30, 2014	0		0
Restructuring Charges, Cash | Lease Obligations After Shutdown
Restructuring Reserve [Roll Forward]
Accrued Charges at December 31, 2013			8,361
Charges and Adjustments			246
Payments			(1,032)
Accrued Charges at June 30, 2014	7,575		7,575
Restructuring Charges, Cash | Restructuring Charges, Other
Restructuring Reserve [Roll Forward]
Accrued Charges at December 31, 2013			0
Charges and Adjustments			207
Payments			(207)
Accrued Charges at June 30, 2014	0		0
Restructuring Charges, Noncash Charges | Restructuring Charges, Other
Restructuring Reserve [Roll Forward]
Charges and Adjustments			$ (59)

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Accumulated Other Comprehensive Income - Additional Information (Details) (USD $)	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Jan. 31, 2013	Dec. 31, 2012
Derivatives, Fair Value [Line Items]
Notional amount						$ 1,000,000,000
Accumulated other comprehensive loss, net of tax	285,955,000	(55,237,000)	(56,166,000)	(57,190,000)	(176,277,000)		(186,584,000)
Derivative loss reclassified from accumulated other comprehensive income, before tax	28,100,000
Derivative loss reclassified from accumulated other comprehensive income, net of tax	17,300,000
Interest Rate Swap | WhiteWave Foods
Derivatives, Fair Value [Line Items]
Accumulated other comprehensive loss, before tax	63,400,000
Accumulated other comprehensive loss, net of tax	38,900,000
Designated As Hedging Instrument | Interest Rate Swap
Derivatives, Fair Value [Line Items]
Notional amount						1,000,000,000
Derivative loss reclassified from accumulated other comprehensive income, before tax	28,100,000
Derivative loss reclassified from accumulated other comprehensive income, net of tax	$ 17,300,000

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Debt - Condensed Consolidating Statement of Cash Flows (Detail) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:
Net cash provided by (used in) operating activities— continuing operations	$ 25,268	$ (245,088)
Net cash provided by operating activities — discontinued operations	0	14,174
Net cash provided by (used in) operating activities	25,268	(230,914)
Cash flows from investing activities:
Payments for property, plant and equipment	(53,622)	(48,992)
Proceeds from sale of fixed assets	17,556	4,271
Net cash used in investing activities-continuing operations	(36,066)	(44,721)
Net cash provided by (used in) investing activities — discontinued operations	0	1,403,494
Net cash provided by (used in) investing activities	(36,066)	1,358,773
Cash flows from financing activities:
Repayments of debt	(329)	(1,027,196)
Proceeds from senior secured revolver	1,317,194	510,750
Payments for senior secured revolver	(1,315,935)	(658,750)
Proceeds from receivables-backed facility	1,281,000	388,000
Payments for receivables-backed facility	(1,194,000)	(296,000)
Common stock repurchase	(25,000)	0
Cash dividends paid	(13,089)	0
Payment of financing costs	(1,107)	(575)
Issuance of common stock, net of share repurchases for withholding taxes	4,953	8,785
Tax savings on share-based compensation	284	172
Net change in intercompany balances	0	0
Net cash provided by (used in) financing activities-continuing operations	53,971	(1,074,814)
Net cash used in financing activities — discontinued operations	0	(51,584)
Net cash provided by (used in) financing activities	53,971	(1,126,398)
Effect of exchange rate changes on cash and cash equivalents	(171)	(155)
Increase in cash and cash equivalents	43,002	1,306
Cash and cash equivalents, beginning of period	16,762	24,657
Cash and cash equivalents, end of period	59,764	25,963
Dean Foods Company
Cash flows from operating activities:
Net cash provided by (used in) operating activities— continuing operations		(283,865)
Net cash provided by operating activities — discontinued operations		0
Net cash provided by (used in) operating activities	(74,851)	(283,865)
Cash flows from investing activities:
Payments for property, plant and equipment	0	(40)
Proceeds from sale of fixed assets	0	0
Net cash used in investing activities-continuing operations		(40)
Net cash provided by (used in) investing activities — discontinued operations		1,441,322
Net cash provided by (used in) investing activities	0	1,441,282
Cash flows from financing activities:
Repayments of debt	0	(1,027,196)
Proceeds from senior secured revolver	1,317,194	510,750
Payments for senior secured revolver	(1,315,935)	(658,750)
Proceeds from receivables-backed facility	0	0
Payments for receivables-backed facility	0	0
Common stock repurchase	(25,000)
Cash dividends paid	(13,089)
Payment of financing costs	(414)	(575)
Issuance of common stock, net of share repurchases for withholding taxes	4,953	8,785
Tax savings on share-based compensation	284	172
Net change in intercompany balances	159,842	2,276
Net cash provided by (used in) financing activities-continuing operations		(1,164,538)
Net cash used in financing activities — discontinued operations		0
Net cash provided by (used in) financing activities	127,835	(1,164,538)
Effect of exchange rate changes on cash and cash equivalents	0	0
Increase in cash and cash equivalents	52,984	(7,121)
Cash and cash equivalents, beginning of period	(12,289)	15,242
Cash and cash equivalents, end of period	40,695	8,121
Guarantor Subsidiaries
Cash flows from operating activities:
Net cash provided by (used in) operating activities— continuing operations		(58,127)
Net cash provided by operating activities — discontinued operations		0
Net cash provided by (used in) operating activities	70,368	(58,127)
Cash flows from investing activities:
Payments for property, plant and equipment	(53,622)	(48,952)
Proceeds from sale of fixed assets	17,556	4,271
Net cash used in investing activities-continuing operations		(44,681)
Net cash provided by (used in) investing activities — discontinued operations		0
Net cash provided by (used in) investing activities	(36,066)	(44,681)
Cash flows from financing activities:
Repayments of debt	(329)	0
Proceeds from senior secured revolver	0	0
Payments for senior secured revolver	0	0
Proceeds from receivables-backed facility	0	0
Payments for receivables-backed facility	0	0
Common stock repurchase	0
Cash dividends paid	0
Payment of financing costs	0	0
Issuance of common stock, net of share repurchases for withholding taxes	0	0
Tax savings on share-based compensation	0	0
Net change in intercompany balances	(43,731)	110,964
Net cash provided by (used in) financing activities-continuing operations		110,964
Net cash used in financing activities — discontinued operations		0
Net cash provided by (used in) financing activities	(44,060)	110,964
Effect of exchange rate changes on cash and cash equivalents	0	0
Increase in cash and cash equivalents	(9,758)	8,156
Cash and cash equivalents, beginning of period	17,433	0
Cash and cash equivalents, end of period	7,675	8,156
Non-Guarantor Subsidiaries
Cash flows from operating activities:
Net cash provided by (used in) operating activities— continuing operations		96,904
Net cash provided by operating activities — discontinued operations		14,174
Net cash provided by (used in) operating activities	29,751	111,078
Cash flows from investing activities:
Payments for property, plant and equipment	0	0
Proceeds from sale of fixed assets	0	0
Net cash used in investing activities-continuing operations		0
Net cash provided by (used in) investing activities — discontinued operations		(37,828)
Net cash provided by (used in) investing activities	0	(37,828)
Cash flows from financing activities:
Repayments of debt	0	0
Proceeds from senior secured revolver	0	0
Payments for senior secured revolver	0	0
Proceeds from receivables-backed facility	1,281,000	388,000
Payments for receivables-backed facility	(1,194,000)	(296,000)
Common stock repurchase	0
Cash dividends paid	0
Payment of financing costs	(693)	0
Issuance of common stock, net of share repurchases for withholding taxes	0	0
Tax savings on share-based compensation	0	0
Net change in intercompany balances	(116,111)	(113,240)
Net cash provided by (used in) financing activities-continuing operations		(21,240)
Net cash used in financing activities — discontinued operations		(51,584)
Net cash provided by (used in) financing activities	(29,804)	(72,824)
Effect of exchange rate changes on cash and cash equivalents	(171)	(155)
Increase in cash and cash equivalents	(224)	271
Cash and cash equivalents, beginning of period	11,618	9,415
Cash and cash equivalents, end of period	$ 11,394	$ 9,686

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General

6 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

General

General

Nature of Our Business — We are a leading food and beverage company and the largest processor and direct-to-store distributor of milk and other dairy and dairy case products in the United States. We have aligned our leadership teams, operating strategies and supply chain initiatives under a single operating and reportable segment. We process and distribute fluid milk and other dairy products, including ice cream, ice cream mix and cultured products, which are marketed under more than 50 local and regional dairy brands and a wide array of private labels. We also produce and distribute TruMoo^®, which is our nationally branded, reformulated flavored milk, as well as juices, teas, bottled water and other products.

Basis of Presentation — The unaudited Condensed Consolidated Financial Statements contained in this Quarterly Report on Form 10-Q have been prepared on the same basis as the Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2013 (the “2013 Annual Report on Form 10-K”), which we filed with the Securities and Exchange Commission on February 24, 2014. In our opinion, we have made all necessary adjustments (which include only normal recurring adjustments) to present fairly, in all material respects, our consolidated financial position, results of operations and cash flows as of the dates and for the periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted. Our results of operations for the three and six month period ended June 30, 2014 may not be indicative of our operating results for the full year. The unaudited Condensed Consolidated Financial Statements contained in this Quarterly Report on Form 10-Q should be read in conjunction with the Consolidated Financial Statements contained in our 2013 Annual Report on Form 10-K.

In August 2013, we effected a 1-for-2 reverse stock split of our issued common stock. Each stockholder’s percentage ownership and proportional voting power remained unchanged as a result of the reverse stock split. All applicable share data, per share amounts and related information in the unaudited Condensed Consolidated Financial Statements and notes thereto have been adjusted retroactively to give effect to the 1-for-2 reverse stock split.

Unless otherwise indicated, references in this report to “we,” “us” or “our” refer to Dean Foods Company and its subsidiaries, taken as a whole.

Recently Issued Accounting Pronouncements

In April 2014, the Financial Accounting Standards Board ("FASB") issued FASB Accounting Standards Update ("ASU") No. 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity, which changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. We are required to adopt the standard prospectively for new disposals and new classifications of disposal groups as held for sale beginning the first quarter of 2015. We do not expect the adoption of this standard to have a material impact on our financial statements.

In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. ASU 2014-09 supersedes the revenue recognition requirements in “Revenue Recognition (Topic 605)”, and requires entities to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is not permitted. We are currently evaluating the effect that the adoption of this standard will have on our financial statements.

In June 2014, the FASB issued ASU No. 2014-12, Compensation — Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. The amendments in this update require that a performance target that affects vesting and that could be achieved after the requisite service period should be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718 as it relates to awards with performance conditions that affect vesting to account for such awards. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. ASU 2014-12 is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted. We are currently evaluating the effect that the adoption of this standard will have on our financial statements.

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Employee Retirement and Postretirement Benefits - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]
Minimum requisite service period, years	1 year

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Debt - Schedule of Maturities of Long-Term Debt (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014
Debt Disclosure [Abstract]
2014	$ 329
2015	656
2016	476,686
2017	442,000
2018	75,322
Thereafter	0
Subtotal	994,993
Less discounts	(8,654)
Total outstanding debt	$ 986,339

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Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Reconciliation of Numerators and Denominators Used in Computations of Both Basic and Diluted Earnings Per Share

The following table reconciles the numerators and denominators used in the computations of both basic and diluted EPS:

	Three Months Ended June 30						Six Months Ended June 30
	2014			2013(1)			2014			2013(1)
	(In thousands, except share data)
Basic loss per share computation:
Numerator:
Loss from continuing operations	$	(963	)	$	(32,057	)	$	(10,755	)	$	(52,797	)
Denominator:
Average common shares	93,561,305			93,417,417			93,977,672			93,215,130
Basic loss per share from continuing operations	$	(0.01	)	$	(0.34	)	$	(0.11	)	$	(0.57	)
Diluted loss per share computation:
Numerator:
Loss from continuing operations	$	(963	)	$	(32,057	)	$	(10,755	)	$	(52,797	)
Denominator:
Average common shares — basic	93,561,305			93,417,417			93,977,672			93,215,130
Stock option conversion(2)	—			—			—			—
Stock units(3)	—			—			—			—
Average common shares — diluted	93,561,305			93,417,417			93,977,672			93,215,130
Diluted loss per share from continuing operations	$	(0.01	)	$	(0.34	)	$	(0.11	)	$	(0.57	)
(1) All applicable share data and per share amounts have been adjusted retroactively for the 1-for-2 reverse stock split effected on August 26, 2013.
(2) Anti-dilutive common shares excluded	3,649,711			6,981,822			3,752,341			7,283,324
(3) Anti-dilutive stock units excluded	201,976			756,537			298,959			777,579

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Common Stock and Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Stock Option Activity

The following table summarizes stock option activity during the first six months of 2014:

	Options		Weighted Average Exercise Price		Weighted Average Contractual Life (Years)	Aggregate Intrinsic Value
Options outstanding at January 1, 2014	5,055,035		$	19.35
Granted	—		—
Forfeited and canceled	(401,734	)	21.34
Exercised	(449,363	)	14.73
Options outstanding at June 30, 2014	4,203,938		$	19.65	3.48	$	5,809,572
Options exercisable at June 30, 2014	4,072,329		$	19.94	3.35	$	4,915,061

Summary of Restricted Stock Unit Activity

The following table summarizes RSU activity during the first six months of 2014:

	Employees			Directors (2)			Total
Stock units outstanding at January 1, 2014	680,017			96,273			776,290
Stock units issued	315,168			59,367			374,535
Shares issued upon vesting of stock units	(181,570		)	(42,281		)	(223,851		)
Stock units canceled or forfeited(1)	(76,286		)	(780		)	(77,066		)
Stock units outstanding at June 30, 2014	737,329			112,579			849,908
Weighted average grant date fair value	$	14.55		$	13.75		$	14.45

(1) Pursuant to the terms of our stock unit plans, employees have the option of forfeiting stock units to cover their minimum statutory tax withholding when shares are issued. Any stock units surrendered or canceled in satisfaction of participants’ tax withholding obligations are not available for future grants under the plans.

(2) Directors' stock units are RSU(s), which participate in declared dividends.

Summary of Phantom Share Activity

The following table summarizes the phantom share activity during the first six months of 2014:

	Shares		Weighted Average Grant Date Fair Value
Outstanding at January 1, 2014	1,111,059		$	17.72
Granted	573,325		14.23
Converted/paid	(536,575	)	17.69
Forfeited	(70,540	)	17.09
Outstanding at June 30, 2014	1,077,269		$	15.92

Summary of Share-Based Compensation Expense Recognized

The following table summarizes the share-based compensation expense recognized during the three and six months ended June 30, 2014 and 2013:

	Three Months Ended June 30					Six Months Ended June 30
	2014			2013		2014			2013
	(In thousands)
Stock Options	$	118		$	5,523	$	263		$	5,930
Stock Units	1,179			1,254		2,387			2,543
Phantom Shares	2,258			3,506		2,600			5,121
Total	$	3,555	(1)	$	10,283	$	5,250	(1)	$	13,594

(1) Share-based compensation expense for the three and six months ended June 30, 2013 included an adjustment of $5.7 million related to the equity modification of share-based compensation pursuant to the WhiteWave spin-off.

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Common Stock and Share-Based Compensation - Summary of Restricted Stock Unit Activity (Detail) (Restricted Stock Units (RSUs), USD $)	6 Months Ended
	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding at January 1, 2014	776,290
Stock units issued	374,535
Shares issued upon vesting of stock units	(223,851)
Stock units canceled or forfeited	(77,066)	[1]
Outstanding at June 30, 2014	849,908
Weighted average grant date fair value	$ 14.45
Employees
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding at January 1, 2014	680,017
Stock units issued	315,168
Shares issued upon vesting of stock units	(181,570)
Stock units canceled or forfeited	(76,286)	[1]
Outstanding at June 30, 2014	737,329
Weighted average grant date fair value	$ 14.55
Director
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding at January 1, 2014	96,273	[2]
Stock units issued	59,367	[2]
Shares issued upon vesting of stock units	(42,281)	[2]
Stock units canceled or forfeited	(780)	[1],[2]
Outstanding at June 30, 2014	112,579	[2]
Weighted average grant date fair value	$ 13.75	[2]

[1] Pursuant to the terms of our stock unit plans, employees have the option of forfeiting stock units to cover their minimum statutory tax withholding when shares are issued. Any stock units surrendered or canceled in satisfaction of participants’ tax withholding obligations are not available for future grants under the plans.

[2] Directors' stock units are RSU(s), which participate in declared dividends.

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Debt - Additional Information (Detail) (USD $)	6 Months Ended						3 Months Ended	12 Months Ended		3 Months Ended	12 Months Ended	6 Months Ended	3 Months Ended			1 Months Ended		1 Months Ended				6 Months Ended	1 Months Ended		6 Months Ended	1 Months Ended		6 Months Ended		1 Months Ended	6 Months Ended				6 Months Ended				0 Months Ended			0 Months Ended
	Jun. 30, 2014 entity	Jun. 30, 2014 Senior secured credit facility	Jun. 30, 2014 Dean Foods Company Senior secured credit facility		Dec. 31, 2013 Dean Foods Company Senior secured credit facility		Dec. 31, 2013 Dean Foods Company Senior Notes Due 2018	Dec. 31, 2011 Dean Foods Company Senior Notes Due 2018	Dec. 16, 2010 Dean Foods Company Senior Notes Due 2018	Dec. 31, 2013 Dean Foods Company Senior Notes Due 2016	Dec. 31, 2006 Dean Foods Company Senior Notes Due 2016	Jun. 30, 2014 Subsidiary Senior Notes Due 2017	Jun. 30, 2014 Senior Secured Revolving Credit Facility	Jun. 12, 2014 Amended Senior Secured Revolving Credit Facility Senior secured credit facility	Jun. 11, 2014 Amended Senior Secured Revolving Credit Facility Senior secured credit facility	Jul. 31, 2013 Five Year Senior Secured Credit Facility	Jun. 30, 2014 Five Year Senior Secured Credit Facility Minimum	Jul. 31, 2013 Five Year Senior Secured Credit Facility Maximum	Jun. 30, 2014 Five Year Senior Secured Credit Facility Maximum	Jul. 31, 2013 Five Year Senior Secured Credit Facility Letter of Credit	Jul. 31, 2013 Five Year Senior Secured Credit Facility Swing Line Loan	Jun. 30, 2014 Five Year Senior Secured Credit Facility Libor Plus Margin	Jul. 31, 2013 Five Year Senior Secured Credit Facility Libor Plus Margin Minimum	Jul. 31, 2013 Five Year Senior Secured Credit Facility Libor Plus Margin Maximum	Jun. 30, 2014 Five Year Senior Secured Credit Facility Alternate Base Rate Plus Margin	Jul. 31, 2013 Five Year Senior Secured Credit Facility Alternate Base Rate Plus Margin Minimum	Jul. 31, 2013 Five Year Senior Secured Credit Facility Alternate Base Rate Plus Margin Maximum	Jun. 30, 2014 Proposed Amendment To Five Year Senior Secured Credit Facility Libor Plus Margin	Jun. 30, 2014 Proposed Amendment To Five Year Senior Secured Credit Facility Alternate Base Rate Plus Margin	Feb. 29, 2012 Receivables Securitization Facility installment	Jun. 30, 2014 Receivables Securitization Facility	Jun. 30, 2014 Receivables Securitization Facility Minimum	Jun. 30, 2014 Receivables Securitization Facility Maximum	Jun. 30, 2014 Receivables Securitization Facility Letter of Credit	Jun. 30, 2014 Proposed Amendment To Receivables Securitization Facility	Jun. 30, 2014 Modified Receivables Securitization Facility Letter of Credit	May 31, 2014 Modified Receivables Securitization Facility Letter of Credit	Aug. 11, 2014 Subsequent Event Proposed Amendment To Five Year Senior Secured Credit Facility Maximum	Aug. 11, 2014 Subsequent Event Proposed Amendment To Receivables Securitization Facility Minimum	Aug. 11, 2014 Subsequent Event Proposed Amendment To Receivables Securitization Facility Maximum	Aug. 11, 2014 Subsequent Event Proposed Amendment To Receivables Securitization Facility Maximum	Aug. 11, 2014 London Interbank Offered Rate (LIBOR) Subsequent Event Proposed Amendment To Five Year Senior Secured Credit Facility Minimum	Aug. 11, 2014 London Interbank Offered Rate (LIBOR) Subsequent Event Proposed Amendment To Five Year Senior Secured Credit Facility Maximum	Aug. 11, 2014 Base Rate Subsequent Event Proposed Amendment To Five Year Senior Secured Credit Facility Minimum	Aug. 11, 2014 Base Rate Subsequent Event Proposed Amendment To Five Year Senior Secured Credit Facility Maximum
Debt Instrument [Line Items]
Loan term																5 years
Amount borrowed under credit facility																$ 750,000,000				$ 200,000,000	$ 150,000,000										$ 550,000,000					$ 350,000,000	$ 300,000,000
Number Of Wholly-Owned Bankruptcy-Remote Entities	2
Potential change in borrowing capacity																		500,000,000
Debt instrument, maturity date																Jul. 31, 2018															Jun. 12, 2017
Maximum consolidated net leverage ratio, prior to September 30, 2014														4			3.00		4.0													3.00	4.00
Maximum consolidated net leverage ratio, after September 30, 2014														3.5			3.00		3.50													3.00	3.50
Maximum consolidated net leverage ratio, prior to September 30, 2014																																						5.25			5.25
Maximum consolidated net leverage ratio, prior to March 31, 2015																																						5.00			5.00
Maximum consolidated net leverage ratio, prior to June 30, 2015																																						4.5			4.50
Maximum consolidated net leverage ratio, after June 30, 2015																																						4.0			4.00
Maximum senior secured net leverage ratio																																						2.50
Consolidated net leverage ratio, restricted payment threshold														3.25
Loans outstanding under the new senior secured credit facility interest rate																						2.00%	1.25%	2.25%	1.00%	0.25%	1.25%	2.50%	1.50%		0.35%				0.45%				0.35%	0.50%		1.25%	2.75%	0.25%	1.75%
Line of Credit Facility, Commitment Fee Percentage																															0.45%				0.55%				0.45%	0.60%
Debt Covenant, Percentage Of Guarantor's First-Tier Foreign Subsidiaries		65.00%
Secured Debt			51,510,000		50,250,000
Net capital required														20,000,000	30,000,000
Debt fees														400,000																						700,000
Stock Repurchased During Period, Value	25,000,000
Outstanding borrowings	986,339,000
Average daily balance under facility													56,300,000																		240,100,000
Letters of credit outstanding amount													0																		0
Debt instrument, principal amount								400,000,000	400,000,000		500,000,000	142,000,000
Debt instrument, maturity date								Dec. 15, 2018			Jun. 30, 2016	Oct. 15, 2017
Line of credit, current borrowing capacity																															550,000,000
Amount borrowed under credit facility																															1,281,000,000
Repayment of credit facility																															1,194,000,000
Line of credit, amount outstanding																															300,000,000			212,300,000
Line of credit facility outstanding, remaining borrowing capacity																															37,700,000
Total receivables sold																															660,800,000
Borrowings repaid							376,200,000			23,800,000
Issuance of standby letter of credit																														$ 80,000,000	$ 37,700,000
Number of Payment Installments																														4
Debt instrument, interest rate									9.75%		7.00%
Weighted average rate (percent)			1.66%	[1]	1.67%	[1]
Debt Guarantor, Percentage Of Ownership In Subsidiaries	100.00%

[1] Represents a weighted average rate, including applicable interest rate margins, for the credit facility.

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Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Changes in Accumulated Other Comprehensive Income (Loss) by Component, Net of Tax

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the three months ended June 30, 2014 were as follows (in thousands):

	Changes in Cash Flow  Hedges			Pension and  Other Postretirement Benefits Items				Foreign  Currency Items		Total
Balance, March 31, 2014	$	187		$	(56,519	)		$	166	$	(56,166	)
Other comprehensive income (loss) before reclassifications	(69		)	1,760				166		1,857
Amounts reclassified from accumulated other comprehensive income	—			(928		)	(1)	—		(928		)
Net current-period other comprehensive income (loss)	(69		)	832				166		929
Balance, June 30, 2014	$	118		$	(55,687	)		$	332	$	(55,237	)

(1) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the three months ended June 30, 2013 were as follows (in thousands):

	Changes in Cash Flow  Hedges				Pension and  Other Postretirement Benefits Items				Unrealized Gains/Losses  on Available-For-Sale Securities		Foreign  Currency Items			Total			Non- controlling Interest
Balance, March 31, 2013	$	(38,003	)		$	(103,001	)		$	—	$	(35,273	)	$	(176,277	)	$	(5,732	)
Other comprehensive income (loss) before reclassifications	(1,126		)		4,161				385,552		3,867			392,454			668
Amounts reclassified from accumulated other comprehensive income	38,823			(1)	(2,070		)	(2)	—		—			36,753			(3		)
Net current-period other comprehensive income	37,697				2,091				385,552		3,867			429,207			665
Spin-off of WhiteWave Foods	182				1,552				—		31,291			33,025			5,067
Balance, June 30, 2013	$	(124	)		$	(99,358	)		$	385,552	$	(115	)	$	285,955		$	—

(1) Upon completion of the WhiteWave spin-off in May 2013, we determined that the underlying hedged forecasted transactions related to the novated swaps were no longer probable; therefore, during the three months ended June 30, 2013, we reclassified total losses of $63.4 million ($38.9 million, net of tax) recorded in accumulated other comprehensive income associated with these swaps to earnings, as a component of interest expense. See Note 6 for further information regarding our interest rate swaps.

(2) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the six months ended June 30, 2014 were as follows (in thousands):

	Changes in Cash Flow  Hedges				Pension and  Other Postretirement Benefits Items				Foreign  Currency Items			Total
Balance, December 31, 2013	$	423			$	(57,224	)		$	(389	)	$	(57,190	)
Other comprehensive income (loss) before reclassifications	(85		)		3,392				721			4,028
Amounts reclassified from accumulated other comprehensive income	(220		)	(1)	(1,855		)	(2)	—			(2,075		)
Net current-period other comprehensive income (loss)	(305		)		1,537				721			1,953
Balance, June 30, 2014	$	118			$	(55,687	)		$	332		$	(55,237	)

(1) The accumulated other comprehensive loss component is related to the hedging activity amount at December 31, 2013 that was reclassified to operating income as we de-designated our cash flow hedges. See Note 6.

(2) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the six months ended June 30, 2013 were as follows (in thousands):

	Changes in Cash Flow  Hedges				Pension and  Other Postretirement Benefits Items				Unrealized Gains/Losses on Available-For-Sale Securities		Foreign  Currency Items			Total			Non- controlling Interest
Balance, December 31, 2012	$	(58,452	)		$	(105,845	)		$	—	$	(22,287	)	$	(186,584	)	$	(3,683	)
Other comprehensive income (loss) before reclassifications	(154		)		9,074				385,552		(9,119		)	385,353			(1,378		)
Amounts reclassified from accumulated other comprehensive income	58,300			(1)	(4,139		)	(2)	—		—			54,161			(6		)
Net current-period other comprehensive income (loss)	58,146				4,935				385,552		(9,119		)	439,514			(1,384		)
Spin-off of WhiteWave Foods	182				1,552				—		31,291			33,025			5,067
Balance, June 30, 2013	$	(124	)		$	(99,358	)		$	385,552	$	(115	)	$	285,955		$	—

(1) In January 2013, we terminated $1 billion aggregate notional amount of interest rate swaps with maturity dates in 2013 and 2016. As a result of these terminations, we reclassified total losses of $28.1 million ($17.3 million net of tax) previously recorded in accumulated other comprehensive income to earnings, as a component of interest expense. Additionally, upon completion of the WhiteWave spin-off in May 2013, we determined that the underlying hedged forecasted transactions related to the novated swaps were no longer probable; therefore, during the three months ended June 30, 2013, we reclassified total losses of $63.4 million ($38.9 million, net of tax) recorded in accumulated other comprehensive income associated with these swaps to earnings, as a component of interest expense. See Note 6 for further information regarding our interest rate swaps.

(2) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

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Employee Retirement and Postretirement Benefits (Tables)

6 Months Ended

Jun. 30, 2014

Defined Benefit Plans

Defined Benefit Plan Disclosure [Line Items]

Components of Net Periodic Benefit Cost

The following table sets forth the components of net periodic benefit cost for our defined benefit plans during the three and six months ended June 30, 2014 and 2013:

	Three Months Ended June 30						Six Months Ended June 30
	2014			2013			2014			2013
	(In thousands)
Components of net periodic benefit cost:
Service cost	$	770		$	923		$	1,540		$	1,846
Interest cost	3,495			3,128			6,990			6,256
Expected return on plan assets	(4,690		)	(4,633		)	(9,380		)	(9,266		)
Amortizations:
Unrecognized transition obligation	—			—			—			—
Prior service cost	197			198			394			396
Unrecognized net loss	1,276			3,098			2,552			6,196
Net periodic benefit cost	$	1,048		$	2,714		$	2,096		$	5,428

Postretirement Benefits

Defined Benefit Plan Disclosure [Line Items]

Components of Net Periodic Benefit Cost

The following table sets forth the components of net periodic benefit cost for our postretirement benefit plans during the three and six months ended June 30, 2014 and 2013:

	Three Months Ended   June 30				Six Months Ended   June 30
	2014		2013		2014		2013
	(In thousands)
Components of net periodic benefit cost:
Service cost	$	206	$	204	$	412	$	408
Interest cost	416		306		832		612
Amortizations:
Prior service cost	16		6		32		12
Unrecognized net loss	19		75		38		150
Net periodic benefit cost	$	657	$	591	$	1,314	$	1,182

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:
Net income (loss)	$ (9,601)	$ 441,914
Income from discontinued operations, net of tax	0	(2,891)
Gain on sale of discontinued operations, net of tax	(1,154)	(491,820)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:
Depreciation and amortization	81,694	89,387
Share-based compensation expense	5,250	13,594
Gain on divestitures and other, net	(6,420)	(1,021)
Impairment of long-lived assets	0	37,519
Write-off of financing costs	0	1,426
Recognition of accumulated losses from de-designated cash flow hedges	0	63,454
Deferred income taxes	51,197	(17,001)
Litigation settlement adjustment	(2,521)	(1,019)
Other, net	1,834	285
Changes in operating assets and liabilities:
Receivables, net	32,633	41,829
Inventories	(6,778)	(11,427)
Prepaid expenses and other assets	13,402	(1,950)
Accounts payable and accrued expenses	(51,259)	(152,193)
Termination of interest rate swap liability	0	(28,147)
Income tax receivable/payable	(64,404)	(208,964)
Long-term litigation settlements	(18,605)	(19,082)
Net cash provided by (used in) operating activities-continuing operations	25,268	(245,088)
Net cash provided by operating activities-discontinued operations	0	14,174
Net cash provided by (used in) operating activities	25,268	(230,914)
Cash flows from investing activities:
Payments for property, plant and equipment	(53,622)	(48,992)
Proceeds from sale of fixed assets	17,556	4,271
Net cash used in investing activities-continuing operations	(36,066)	(44,721)
Net cash provided by investing activities-discontinued operations	0	1,403,494
Net cash provided by (used in) investing activities	(36,066)	1,358,773
Cash flows from financing activities:
Repayments of debt	(329)	(1,027,196)
Proceeds from senior secured revolver	1,317,194	510,750
Payments for senior secured revolver	(1,315,935)	(658,750)
Proceeds from receivables-backed facility	1,281,000	388,000
Payments for receivables-backed facility	(1,194,000)	(296,000)
Common stock repurchase	(25,000)	0
Cash dividends paid	(13,089)	0
Payments of financing costs	(1,107)	(575)
Issuance of common stock, net of share repurchases for withholding taxes	4,953	8,785
Tax savings on share-based compensation	284	172
Net cash provided by (used in) financing activities-continuing operations	53,971	(1,074,814)
Net cash used in financing activities-discontinued operations	0	(51,584)
Net cash provided by (used in) financing activities	53,971	(1,126,398)
Effect of exchange rate changes on cash and cash equivalents	(171)	(155)
Increase in cash and cash equivalents	43,002	1,306
Cash and cash equivalents, beginning of period	16,762	24,657
Cash and cash equivalents, end of period	$ 59,764	$ 25,963

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Asset Impairment Charges and Facility Closing and Reorganization Costs (Tables)

6 Months Ended

Jun. 30, 2014

Restructuring and Related Activities [Abstract]

Approved Plans and Related Charges

Approved plans within our multi-year initiatives and related charges are summarized as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2014		2013		2014		2013
	(In thousands)
Closure of Facilities(1)	$	728	$	4,173	$	1,705	$	5,175
Functional Realignment(2)	—		415		—		518
Field and Functional Reorganization (3)	—		351		—		4,851
Other	—		—		—		5
Total	$	728	$	4,939	$	1,705	$	10,549

(1) These charges in 2014 and 2013 primarily relate to facility closures in Riverside, California; Denver, Colorado; Dallas, Texas; Waco, Texas; Springfield, Virginia; Buena Park, California; Evart, Michigan; Bangor, Maine; and Mendon, Massachusetts; as well as other approved closures. We have incurred $39.9 million of charges related to these initiatives to date. We expect to incur additional charges related to these facility closures of approximately $2.8 million, related to contract termination, shutdown and other costs. As we continue the evaluation of our supply chain and distribution network, as well as our accelerated cost reduction efforts, it is likely that we will close additional facilities in the future.

(2) The Functional Realignment initiative was focused on aligning key functions within our legacy Fresh Dairy Direct operations under a single leadership team and permanently removing costs from the organization. We have incurred total charges of approximately $33.1 million under this initiative to date and we do not expect to incur any material future charges related to this plan.

(3) The Field and Functional Reorganization initiative streamlined the leadership structure and has enabled faster decision-making and created enhanced opportunities to strategically build our business. We have incurred total charges of $11.3 million under this plan to date, all of which are associated with headcount reductions. We do not currently anticipate incurring any material charges under this plan going forward.

Facility Closing and Reorganization Costs

Activity with respect to facility closing and reorganization costs during the six months ended June 30, 2014 is summarized below and includes items expensed as incurred:

	Accrued Charges at December 31, 2013		Charges and Adjustments			Payments			Accrued Charges at June 30, 2014
	(In thousands)
Cash charges:
Workforce reduction costs	$	9,028	$	(44	)	$	(1,729	)	$	7,255
Shutdown costs	—		1,355			(1,355		)	—
Lease obligations after shutdown	8,361		246			(1,032		)	7,575
Other	—		207			(207		)	—
Subtotal	$	17,389	1,764			$	(4,323	)	$	14,830
Noncash charges:
Other, net			(59		)
Total charges			$	1,705

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Goodwill and Intangible Assets - Gross Carrying Amount and Accumulated Amortization of Intangible Assets Other Than Goodwill (Detail) (USD $) In Thousands, unless otherwise specified	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2012	Dec. 31, 2013
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets with finite lives, Gross Carrying Amount	$ 279,002		$ 279,002
Intangible assets with finite lives, Accumulated Amortization	(35,039)		(33,577)
Intangible assets with finite lives, Net Carrying Amount	243,963		245,425
Customer-Related and Other
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets with finite lives, Gross Carrying Amount	49,225		49,225
Intangible assets with finite lives, Accumulated Amortization	(29,864)		(28,575)
Intangible assets with finite lives, Net Carrying Amount	19,361		20,650
Trademarks
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets with finite lives, Gross Carrying Amount	8,096		8,096
Intangible assets with finite lives, Accumulated Amortization	(5,175)		(5,002)
Intangible assets with finite lives, Net Carrying Amount	2,921		3,094
Trademarks
Indefinite-Lived Intangible Assets, Net [Abstract]
Intangible assets with indefinite lives, Gross Carrying Amount	221,681		221,681
Intangible assets with indefinite lives, Accumulated Amortization	0	0
Intangible assets with indefinite lives, Net Carrying Amount	$ 221,681		$ 221,681

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Summary of SERP Assets Measured at Fair Value on Recurring Basis (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Money Market Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
SERP assets measured at fair value on a recurring basis	$ 3	$ 5
Mutual Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
SERP assets measured at fair value on a recurring basis	2,187	2,103
Level 1 | Money Market Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
SERP assets measured at fair value on a recurring basis	0	0
Level 1 | Mutual Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
SERP assets measured at fair value on a recurring basis	0	0
Level 2 | Money Market Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
SERP assets measured at fair value on a recurring basis	3	5
Level 2 | Mutual Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
SERP assets measured at fair value on a recurring basis	2,187	2,103
Level 3 | Money Market Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
SERP assets measured at fair value on a recurring basis	0	0
Level 3 | Mutual Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
SERP assets measured at fair value on a recurring basis	$ 0	$ 0

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 59,764	$ 16,762
Receivables, net allowances of $12,842 and $12,083	718,921	752,234
Income tax receivable	79,881	15,915
Inventories	269,803	262,858
Deferred income taxes	43,483	60,143
Prepaid expenses and other current assets	40,150	42,786
Total current assets	1,212,002	1,150,698
Property, plant and equipment, net	1,183,854	1,216,047
Goodwill	86,841	86,841
Identifiable intangible and other assets, net	295,965	312,836
Deferred income taxes	24,660	35,623
Total	2,803,322	2,802,045
Current liabilities:
Accounts payable and accrued expenses	738,173	761,288
Current portion of debt	698	698
Current portion of litigation settlements	18,605	19,101
Total current liabilities	757,476	781,087
Long-term debt	985,641	896,564
Deferred income taxes	126,615	100,691
Other long-term liabilities	242,069	273,314
Long-term litigation settlements	16,519	36,074
Commitments and contingencies (Note 12)
Dean Foods Company stockholders' equity:
Preferred stock, none issued	0	0
Common stock, 93,756,901 and 94,831,377 shares issued and outstanding, with a par value of $0.01 per share	938	948
Additional paid-in capital	759,621	791,276
Accumulated deficit	(30,320)	(20,719)
Accumulated other comprehensive loss	(55,237)	(57,190)
Total stockholders’ equity	675,002	714,315
Total	$ 2,803,322	$ 2,802,045

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Debt - Condensed Consolidating Balance Sheet (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	$ 59,764	$ 16,762	$ 25,963	$ 24,657
Receivables, net	718,921	752,234
Income tax receivable	79,881	15,915
Inventories	269,803	262,858
Intercompany receivables	0	0
Other current assets	83,633	102,929
Total current assets	1,212,002	1,150,698
Property, plant and equipment, net	1,183,854	1,216,047
Goodwill	86,841	86,841
Identifiable intangible and other assets, net	320,625	348,459
Investment in subsidiaries	0	0
Total	2,803,322	2,802,045
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued expenses	738,173	761,288
Intercompany payables	0	0
Current portion of debt	698	698
Current portion of litigation settlements	18,605	19,101
Total current liabilities	757,476	781,087
Long-term debt	985,641	896,564
Other long-term liabilities	368,684	374,005
Long-term litigation settlements	16,519	36,074
Total stockholders’ equity	675,002	714,315
Total	2,803,322	2,802,045
Dean Foods Company
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	40,695	(12,289)	8,121	15,242
Receivables, net	2,053	1,932
Income tax receivable	71,922	10,374
Inventories	0	0
Intercompany receivables	0	0
Other current assets	(2,430)	6,944
Total current assets	112,240	6,961
Property, plant and equipment, net	0	0
Goodwill	0	0
Identifiable intangible and other assets, net	69,861	90,269
Investment in subsidiaries	6,642,069	6,633,000
Total	6,824,170	6,730,230
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued expenses	38,853	47,284
Intercompany payables	5,470,194	5,304,051
Current portion of debt	0	0
Current portion of litigation settlements	18,605	19,101
Total current liabilities	5,527,652	5,370,436
Long-term debt	551,018	549,641
Other long-term liabilities	53,979	59,764
Long-term litigation settlements	16,519	36,074
Total stockholders’ equity	675,002	714,315
Total	6,824,170	6,730,230
Guarantor Subsidiaries
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	7,675	17,433	8,156	0
Receivables, net	69,643	72,660
Income tax receivable	7,959	5,541
Inventories	269,803	262,858
Intercompany receivables	5,776,395	5,728,284
Other current assets	85,809	95,927
Total current assets	6,217,284	6,182,703
Property, plant and equipment, net	1,183,812	1,215,888
Goodwill	86,841	86,841
Identifiable intangible and other assets, net	250,771	258,109
Investment in subsidiaries	52,258	72,345
Total	7,790,966	7,815,886
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued expenses	699,095	713,625
Intercompany payables	0	0
Current portion of debt	698	698
Current portion of litigation settlements	0	0
Total current liabilities	699,793	714,323
Long-term debt	134,623	133,923
Other long-term liabilities	314,481	314,149
Long-term litigation settlements	0	0
Total stockholders’ equity	6,642,069	6,653,491
Total	7,790,966	7,815,886
Non-Guarantor Subsidiaries
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	11,394	11,618	9,686	9,415
Receivables, net	647,225	677,642
Income tax receivable	0	0
Inventories	0	0
Intercompany receivables	0	(1)
Other current assets	254	58
Total current assets	658,873	689,317
Property, plant and equipment, net	42	159
Goodwill	0	0
Identifiable intangible and other assets, net	(7)	81
Investment in subsidiaries	0	0
Total	658,908	689,557
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued expenses	122	554
Intercompany payables	306,304	424,057
Current portion of debt	0	0
Current portion of litigation settlements	0	0
Total current liabilities	306,426	424,611
Long-term debt	300,000	213,000
Other long-term liabilities	224	92
Long-term litigation settlements	0	0
Total stockholders’ equity	52,258	51,854
Total	658,908	689,557
Eliminations
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	0	0
Receivables, net	0	0
Income tax receivable	0	0
Inventories	0	0
Intercompany receivables	(5,776,395)	(5,728,283)
Other current assets	0	0
Total current assets	(5,776,395)	(5,728,283)
Property, plant and equipment, net	0	0
Goodwill	0	0
Identifiable intangible and other assets, net	0	0
Investment in subsidiaries	(6,694,327)	(6,705,345)
Total	(12,470,722)	(12,433,628)
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued expenses	103	(175)
Intercompany payables	(5,776,498)	(5,728,108)
Current portion of debt	0	0
Current portion of litigation settlements	0	0
Total current liabilities	(5,776,395)	(5,728,283)
Long-term debt	0	0
Other long-term liabilities	0	0
Long-term litigation settlements	0	0
Total stockholders’ equity	(6,694,327)	(6,705,345)
Total	$ (12,470,722)	$ (12,433,628)

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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) (USD $) In Thousands, except Share data, unless otherwise specified		Total	Common Stock		Additional Paid-in Capital		Retained Earnings(Accumulated Deficit)	Accumulated Other Comprehensive Income (Loss)	Non- controlling Interest
Balance at Dec. 31, 2012		$ 459,628	$ 928	[1]	$ 1,376,740	[1]	$ (833,897)	$ (186,584)	$ 102,441
Balance, Shares at Dec. 31, 2012	[1]		92,781,767
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net of tax impact of share-based compensation		4,597	10	[1]	4,587	[1]
Issuance of common stock, net of tax impact of share-based compensation (in shares)	[1]		992,542
Share-based compensation expense		8,541			8,541	[1]
Repurchase of common stock (in shares)			0
Share-based compensation expense for subsidiary shares		7,733							7,733
Net income attributable to non-controlling interest		6,179							6,179
Net loss		435,735					435,735
Other comprehensive income (loss):
Change in fair value of derivative instruments, net of tax		(144)						(154)	10
Amounts reclassified to income statement related to hedging activities, net of tax		58,300						58,300
Cumulative translation adjustment		(10,517)						(9,119)	(1,398)
Pension and other postretirement benefit liability adjustment, net of tax		4,939						4,935	4
Unrealized gain on available-for-sale securities		385,552						385,552
Spin-Off of The WhiteWave Foods Company		(699,026)			(617,082)	[1]		33,025	(114,969)
Balance at Jun. 30, 2013		661,517	938	[1]	772,786	[1]	(398,162)	285,955	0
Balance, Shares at Jun. 30, 2013	[1]		93,774,309
Balance at Mar. 31, 2013
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Repurchase of common stock (in shares)			0
Net income attributable to non-controlling interest		2,987
Net loss		(56,870)
Other comprehensive income (loss):
Cumulative translation adjustment		4,533
Pension and other postretirement benefit liability adjustment, net of tax		2,088
Balance at Jun. 30, 2013		661,517	938	[1]
Balance, Shares at Jun. 30, 2013	[1]		93,774,309
Balance at Dec. 31, 2013		714,315	948		791,276		(20,719)	(57,190)
Balance, Shares at Dec. 31, 2013		94,831,377	94,831,377
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net of tax impact of share-based compensation		4,177	7		4,170
Issuance of common stock, net of tax impact of share-based compensation (in shares)			652,799
Share-based compensation expense		2,247			2,247
Repurchase of common stock		(25,000)	(17)		(24,983)
Repurchase of common stock (in shares)			(1,727,275)
Cash dividends paid		(13,089)			(13,089)
Net income attributable to non-controlling interest		0
Net loss		(9,601)					(9,601)
Other comprehensive income (loss):
Change in fair value of derivative instruments, net of tax		(85)						(85)
Amounts reclassified to income statement related to hedging activities, net of tax		(220)						(220)
Cumulative translation adjustment		721						721
Pension and other postretirement benefit liability adjustment, net of tax		1,537						1,537
Balance at Jun. 30, 2014		$ 675,002	$ 938		$ 759,621		$ (30,320)	$ (55,237)
Balance, Shares at Jun. 30, 2014		93,756,901	93,756,901

[1] Common Stock and Additional Paid-In Capital at December 31, 2012 and June 30, 2013 have been adjusted retroactively to reflect a 1-for-2 reverse stock split effected August 26, 2013.

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Earnings Per Share - Reconciliation of Numerators and Denominators Used in Computations of Both Basic and Diluted Earnings Per Share (Detail) (USD $) In Thousands, except Share data, unless otherwise specified	0 Months Ended	3 Months Ended				6 Months Ended
	Aug. 26, 2013	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Basic loss per share computation:
Loss from continuing operations		$ (963)	[1]	$ (32,057)	[1]	$ (10,755)		$ (52,797)	[1]
Average common shares		93,561,305	[1],[2]	93,417,417	[1],[2]	93,977,672	[2]	93,215,130	[1],[2]
Basic earnings (loss) per share from continuing operations (in dollars per share)		$ (0.01)	[2]	$ (0.34)	[2]	$ (0.11)	[2]	$ (0.57)	[2]
Diluted loss per share computation:
Loss from continuing operations		$ (963)	[1]	$ (32,057)	[1]	$ (10,755)		$ (52,797)	[1]
Average common shares		93,561,305	[1],[2]	93,417,417	[1],[2]	93,977,672	[2]	93,215,130	[1],[2]
Stock option conversion		0	[1],[3]	0	[1],[3]	0	[3]	0	[3]
Stock units		0	[1],[4]	0	[1],[4]	0	[4]	0	[4]
Average common shares — diluted		93,561,305	[2]	93,417,417	[2]	93,977,672	[2]	93,215,130	[2]
Diluted earnings (loss) per share from continuing operations (in dollars per share)		$ (0.01)	[2]	$ (0.34)	[2]	$ (0.11)	[2]	$ (0.57)	[2]
Reverse stock split ratio	0.5
Common Stock
Diluted loss per share computation:
Anti-dilutive securities excluded		3,649,711		6,981,822		3,752,341		7,283,324,000
Stock Units
Diluted loss per share computation:
Anti-dilutive securities excluded		201,976		756,537		298,959		777,579,000

[1] All applicable share data and per share amounts have been adjusted retroactively for the 1-for-2 reverse stock split effected on August 26, 2013.

[2] For the periods ended June 30, 2013, basic and diluted earnings (loss) per common share and average basic and diluted shares outstanding have been adjusted retroactively to reflect a 1-for-2 reverse stock split effected August 26, 2013.

[3] Anti-dilutive common shares excluded 3,649,711, 6,981,822, 3,752,341, & 7,283,324

[4] Anti-dilutive stock units excluded 208,515 , 756,537, 298,759, & 777,579

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Discontinued Operations And Divestitures - Summary of Operating Results And Certain Other Directly Attributable Expenses (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	$ 354,085		$ 946,350
Income before income taxes	19,476		57,235
Income tax	(41,237)		(54,344)
Net income	(21,761)	0	2,891
WhiteWave Foods
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	354,085		940,431
Income before income taxes	19,976		57,126
Income tax	(41,431)		(54,306)
Net income	(21,455)		2,820
Morningstar
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	0		5,919
Income before income taxes	(500)		109
Income tax	194		(38)
Net income	$ (306)		$ 71

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Facility Closing and Reorganization Costs - Approved Plans and Related Charges (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Restructuring Cost and Reserve [Line Items]
Closure of Facilities	$ 728	[1]	$ 4,173	[1]	$ 1,705	[1]	$ 5,175	[1]
Other	0		0		0		5
Charges and Adjustments	728		4,939		1,705		10,549
Functional Realignment
Restructuring Cost and Reserve [Line Items]
Functional Realignment	0	[2]	415	[2]	0	[2]	518	[2]
Field and Functional Reorganization
Restructuring Cost and Reserve [Line Items]
Field and Functional Reorganization	$ 0	[3]	$ 351	[3]	$ 0	[3]	$ 4,851	[3]

[1] These charges in 2014 and 2013 primarily relate to facility closures in Riverside, California; Denver, Colorado; Dallas, Texas; Waco, Texas; Springfield, Virginia; Buena Park, California; Evart, Michigan; Bangor, Maine; and Mendon, Massachusetts; as well as other approved closures. We have incurred $39.9 million of charges related to these initiatives to date. We expect to incur additional charges related to these facility closures of approximately $2.8 million, related to contract termination, shutdown and other costs. As we continue the evaluation of our supply chain and distribution network, as well as our accelerated cost reduction efforts, it is likely that we will close additional facilities in the future.

[2] The Functional Realignment initiative was focused on aligning key functions within our legacy Fresh Dairy Direct operations under a single leadership team and permanently removing costs from the organization. We have incurred total charges of approximately $33.1 million under this initiative to date and we do not expect to incur any material future charges related to this plan.

[3] The Field and Functional Reorganization initiative streamlined the leadership structure and has enabled faster decision-making and created enhanced opportunities to strategically build our business. We have incurred total charges of $11.3 million under this plan to date, all of which are associated with headcount reductions. We do not currently anticipate incurring any material charges under this plan going forward.

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General (Policies)

6 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Nature of Our Business

Nature of Our Business — We are a leading food and beverage company and the largest processor and direct-to-store distributor of milk and other dairy and dairy case products in the United States. We have aligned our leadership teams, operating strategies and supply chain initiatives under a single operating and reportable segment. We process and distribute fluid milk and other dairy products, including ice cream, ice cream mix and cultured products, which are marketed under more than 50 local and regional dairy brands and a wide array of private labels. We also produce and distribute TruMoo^®, which is our nationally branded, reformulated flavored milk, as well as juices, teas, bottled water and other products.

Basis of Presentation

Basis of Presentation — The unaudited Condensed Consolidated Financial Statements contained in this Quarterly Report on Form 10-Q have been prepared on the same basis as the Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2013 (the “2013 Annual Report on Form 10-K”), which we filed with the Securities and Exchange Commission on February 24, 2014. In our opinion, we have made all necessary adjustments (which include only normal recurring adjustments) to present fairly, in all material respects, our consolidated financial position, results of operations and cash flows as of the dates and for the periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted. Our results of operations for the three and six month period ended June 30, 2014 may not be indicative of our operating results for the full year. The unaudited Condensed Consolidated Financial Statements contained in this Quarterly Report on Form 10-Q should be read in conjunction with the Consolidated Financial Statements contained in our 2013 Annual Report on Form 10-K.

In August 2013, we effected a 1-for-2 reverse stock split of our issued common stock. Each stockholder’s percentage ownership and proportional voting power remained unchanged as a result of the reverse stock split. All applicable share data, per share amounts and related information in the unaudited Condensed Consolidated Financial Statements and notes thereto have been adjusted retroactively to give effect to the 1-for-2 reverse stock split.

Unless otherwise indicated, references in this report to “we,” “us” or “our” refer to Dean Foods Company and its subsidiaries, taken as a whole.

Recently Issued Accounting Pronouncements

Recently Issued Accounting Pronouncements

In April 2014, the Financial Accounting Standards Board ("FASB") issued FASB Accounting Standards Update ("ASU") No. 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity, which changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. We are required to adopt the standard prospectively for new disposals and new classifications of disposal groups as held for sale beginning the first quarter of 2015. We do not expect the adoption of this standard to have a material impact on our financial statements.

In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. ASU 2014-09 supersedes the revenue recognition requirements in “Revenue Recognition (Topic 605)”, and requires entities to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is not permitted. We are currently evaluating the effect that the adoption of this standard will have on our financial statements.

In June 2014, the FASB issued ASU No. 2014-12, Compensation — Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. The amendments in this update require that a performance target that affects vesting and that could be achieved after the requisite service period should be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718 as it relates to awards with performance conditions that affect vesting to account for such awards. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. ASU 2014-12 is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted. We are currently evaluating the effect that the adoption of this standard will have on our financial statements.

Asset Impairment Charges

Asset Impairment Charges

We evaluate our long-lived assets for impairment when circumstances indicate that the carrying value may not be recoverable. Indicators of impairment could include, among other factors, significant changes in the business environment or the planned closure of a facility. Considerable management judgment is necessary to evaluate the impact of operating changes and to estimate future cash flows. As a result of certain changes to our business and plans for consolidating our production network, we evaluated the impact that we expect these changes to have on our projected future cash flows as of June 30, 2014.

Testing the assets for recoverability involved developing estimates of future cash flows directly associated with, and that are expected to arise as a direct result of, the use and eventual disposition of the assets. The inputs for the fair value calculations were based on assessment of an individual asset’s alternative use within other production facilities, evaluation of recent market data and historical liquidation sales values for similar assets. As the inputs into these calculations are largely based on management’s judgments and are not generally observable in active markets, we consider such measurements to be Level 3 measurements in the fair value hierarchy. See Note 6.

There was no impairment of our long-lived assets identified for the six months ended June 30, 2014. As of June 30, 2013, the results of our analysis indicated an impairment of our plant, property and equipment of $31.1 million and impairment related to certain intangible assets of approximately $6.4 million. All of these charges were recorded in the impairment of long-lived assets line item in our unaudited Condensed Consolidated Statements of Operations. We can provide no assurance that we will not have impairment charges in future periods as a result of changes in our business environment, operating results or the assumptions and estimates utilized in our impairment tests.

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Discontinued Operations - Summary of Transaction Expenses (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations transaction costs	$ 0	$ 9,310,000	$ 0	$ 12,764,000
Whitewave
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations transaction costs		9,010,000		12,464,000
Morningstar
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations transaction costs		$ 300,000		$ 300,000

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Inventories (Tables)

6 Months Ended

Jun. 30, 2014

Inventory Disclosure [Abstract]

Inventories, Net of Reserves

Inventories, net of obsolescence reserves of $0.4 million and $0.8 million at June 30, 2014 and December 31, 2013, respectively, consisted of the following:

	June 30, 2014		December 31, 2013
	(In thousands)
Raw materials and supplies	$	104,843	$	103,023
Finished goods	164,960		159,835
Total	$	269,803	$	262,858

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Commitments and Contingencies - Additional Information (Detail) (USD $)		1 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2001	Jan. 31, 2014 United States District Court for the Eastern District of Tennessee [Member] Retailer Action [Member] complaint	Aug. 09, 2007 United States District Court for the Eastern District of Tennessee [Member] Retailer Action [Member] complaint	Jun. 30, 2014 Minimum	Jun. 30, 2014 Maximum	Dec. 31, 2001 Contingent Promissory Note	Jun. 30, 2014 Contingent Promissory Note
Commitments and Contingencies [Line Items]
Acquired interest percentage	33.80%
Principal amount of contingent promissory note						$ 40,000,000
Promissory note term (years)						20 years
Contingent promissory note, maximum amount including interest							$ 96,000,000
Promissory note, maturity date						Dec. 21, 2021
Lease term, (years)				1 year	20 years
Number of putative class action antitrust complaints reversed		1
Number of putative class action antitrust complaints			5

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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) (Parenthetical) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Change in fair value of derivative instruments, tax benefit	$ 21	$ 41
Amounts reclassified to statement of operations related to hedging activities, tax	139	36,710
Pension and other postretirement benefit liability adjustment, tax	$ 1,531	$ 2,807

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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Allowance for doubtful accounts	$ 12,842	$ 12,083
Preferred stock, issued	0	0
Common stock, shares issued	93,756,901	94,831,377
Common stock, shares outstanding	93,756,901	94,831,377
Common stock, par value	$ 0.01	$ 0.01

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Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the three months ended June 30, 2014 were as follows (in thousands):

	Changes in Cash Flow  Hedges			Pension and  Other Postretirement Benefits Items				Foreign  Currency Items		Total
Balance, March 31, 2014	$	187		$	(56,519	)		$	166	$	(56,166	)
Other comprehensive income (loss) before reclassifications	(69		)	1,760				166		1,857
Amounts reclassified from accumulated other comprehensive income	—			(928		)	(1)	—		(928		)
Net current-period other comprehensive income (loss)	(69		)	832				166		929
Balance, June 30, 2014	$	118		$	(55,687	)		$	332	$	(55,237	)

(1) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the three months ended June 30, 2013 were as follows (in thousands):

	Changes in Cash Flow  Hedges				Pension and  Other Postretirement Benefits Items				Unrealized Gains/Losses  on Available-For-Sale Securities		Foreign  Currency Items			Total			Non- controlling Interest
Balance, March 31, 2013	$	(38,003	)		$	(103,001	)		$	—	$	(35,273	)	$	(176,277	)	$	(5,732	)
Other comprehensive income (loss) before reclassifications	(1,126		)		4,161				385,552		3,867			392,454			668
Amounts reclassified from accumulated other comprehensive income	38,823			(1)	(2,070		)	(2)	—		—			36,753			(3		)
Net current-period other comprehensive income	37,697				2,091				385,552		3,867			429,207			665
Spin-off of WhiteWave Foods	182				1,552				—		31,291			33,025			5,067
Balance, June 30, 2013	$	(124	)		$	(99,358	)		$	385,552	$	(115	)	$	285,955		$	—

(1) Upon completion of the WhiteWave spin-off in May 2013, we determined that the underlying hedged forecasted transactions related to the novated swaps were no longer probable; therefore, during the three months ended June 30, 2013, we reclassified total losses of $63.4 million ($38.9 million, net of tax) recorded in accumulated other comprehensive income associated with these swaps to earnings, as a component of interest expense. See Note 6 for further information regarding our interest rate swaps.

(2) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the six months ended June 30, 2014 were as follows (in thousands):

	Changes in Cash Flow  Hedges				Pension and  Other Postretirement Benefits Items				Foreign  Currency Items			Total
Balance, December 31, 2013	$	423			$	(57,224	)		$	(389	)	$	(57,190	)
Other comprehensive income (loss) before reclassifications	(85		)		3,392				721			4,028
Amounts reclassified from accumulated other comprehensive income	(220		)	(1)	(1,855		)	(2)	—			(2,075		)
Net current-period other comprehensive income (loss)	(305		)		1,537				721			1,953
Balance, June 30, 2014	$	118			$	(55,687	)		$	332		$	(55,237	)

(1) The accumulated other comprehensive loss component is related to the hedging activity amount at December 31, 2013 that was reclassified to operating income as we de-designated our cash flow hedges. See Note 6.

(2) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the six months ended June 30, 2013 were as follows (in thousands):

	Changes in Cash Flow  Hedges				Pension and  Other Postretirement Benefits Items				Unrealized Gains/Losses on Available-For-Sale Securities		Foreign  Currency Items			Total			Non- controlling Interest
Balance, December 31, 2012	$	(58,452	)		$	(105,845	)		$	—	$	(22,287	)	$	(186,584	)	$	(3,683	)
Other comprehensive income (loss) before reclassifications	(154		)		9,074				385,552		(9,119		)	385,353			(1,378		)
Amounts reclassified from accumulated other comprehensive income	58,300			(1)	(4,139		)	(2)	—		—			54,161			(6		)
Net current-period other comprehensive income (loss)	58,146				4,935				385,552		(9,119		)	439,514			(1,384		)
Spin-off of WhiteWave Foods	182				1,552				—		31,291			33,025			5,067
Balance, June 30, 2013	$	(124	)		$	(99,358	)		$	385,552	$	(115	)	$	285,955		$	—

(1) In January 2013, we terminated $1 billion aggregate notional amount of interest rate swaps with maturity dates in 2013 and 2016. As a result of these terminations, we reclassified total losses of $28.1 million ($17.3 million net of tax) previously recorded in accumulated other comprehensive income to earnings, as a component of interest expense. Additionally, upon completion of the WhiteWave spin-off in May 2013, we determined that the underlying hedged forecasted transactions related to the novated swaps were no longer probable; therefore, during the three months ended June 30, 2013, we reclassified total losses of $63.4 million ($38.9 million, net of tax) recorded in accumulated other comprehensive income associated with these swaps to earnings, as a component of interest expense. See Note 6 for further information regarding our interest rate swaps.

(2) The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

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Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 04, 2014
Document And Entity Information [Abstract]
Entity Registrant Name	DEAN FOODS CO
Trading Symbol	DF
Entity Central Index Key	0000931336
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		93,773,362

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Employee Retirement and Postretirement Benefits

6 Months Ended

Jun. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Employee Retirement and Postretirement Benefits

Employee Retirement and Postretirement Benefits

We sponsor various defined benefit and defined contribution retirement plans, including various employee savings and profit sharing plans, and contribute to various multiemployer pension plans on behalf of our employees. Substantially all full-time union and non-union employees who have completed one or more years of service and have met other requirements pursuant to the plans are eligible to participate in one or more of these plans.

Defined Benefit Plans — The benefits under our defined benefit plans are based on years of service and employee compensation. The following table sets forth the components of net periodic benefit cost for our defined benefit plans during the three and six months ended June 30, 2014 and 2013:

	Three Months Ended June 30						Six Months Ended June 30
	2014			2013			2014			2013
	(In thousands)
Components of net periodic benefit cost:
Service cost	$	770		$	923		$	1,540		$	1,846
Interest cost	3,495			3,128			6,990			6,256
Expected return on plan assets	(4,690		)	(4,633		)	(9,380		)	(9,266		)
Amortizations:
Unrecognized transition obligation	—			—			—			—
Prior service cost	197			198			394			396
Unrecognized net loss	1,276			3,098			2,552			6,196
Net periodic benefit cost	$	1,048		$	2,714		$	2,096		$	5,428

Postretirement Benefits — Certain of our subsidiaries provide health care benefits to certain retirees who are covered under specific group contracts. The following table sets forth the components of net periodic benefit cost for our postretirement benefit plans during the three and six months ended June 30, 2014 and 2013:

	Three Months Ended   June 30				Six Months Ended   June 30
	2014		2013		2014		2013
	(In thousands)
Components of net periodic benefit cost:
Service cost	$	206	$	204	$	412	$	408
Interest cost	416		306		832		612
Amortizations:
Prior service cost	16		6		32		12
Unrecognized net loss	19		75		38		150
Net periodic benefit cost	$	657	$	591	$	1,314	$	1,182

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Net sales	$ 2,393,869		$ 2,227,542		$ 4,734,909		$ 4,519,972
Cost of sales	1,994,781		1,755,242		3,919,646		3,552,440
Gross profit	399,088		472,300		815,263		967,532
Operating costs and expenses:
Selling and distribution	334,932		331,678		674,311		671,675
General and administrative	70,777		86,388		143,076		171,352
Amortization of intangibles	717		925		1,461		1,875
Facility closing and reorganization costs	728		4,939		1,705		10,549
Litigation settlements	0		(1,019)		(2,521)		(1,019)
Impairment of long-lived assets	0		3,604		0		37,519
Other operating (income) loss	(4,535)		2,209		(4,535)		2,209
Total operating costs and expenses	402,619		428,724		813,497		894,160
Operating income (loss)	(3,531)		43,576		1,766		73,372
Other (income) expense:
Interest expense	15,221		90,122		30,244		149,771
Other (income) expense, net	48		(528)		(273)		(363)
Total other expense	15,269		89,594		29,971		149,408
Loss from continuing operations before income taxes	(18,800)		(46,018)		(28,205)		(76,036)
Income tax benefit	(17,837)		(13,961)		(17,450)		(23,239)
Loss from continuing operations	(963)	[1]	(32,057)	[1]	(10,755)		(52,797)	[1]
Income (loss) from discontinued operations, net of tax	0		(21,761)		0		2,891
Gain (loss) on sale of discontinued operations, net of tax	318		(65)		1,154		491,820
Net income (loss)	(645)		(53,883)		(9,601)		441,914
Net loss attributable to non-controlling interest in discontinued operations	0		(2,987)		0		(6,179)
Net income (loss) attributable to Dean Foods Company	$ (645)		$ (56,870)		$ (9,601)		$ 435,735
Average common shares:
Basic (in shares)	93,561,305	[1],[2]	93,417,417	[1],[2]	93,977,672	[2]	93,215,130	[1],[2]
Diluted (in shares)	93,561,305	[2]	93,417,417	[2]	93,977,672	[2]	93,215,130	[2]
Basic earnings (loss) per common share:
Income (loss) from continuing operations (in dollars per share)	$ (0.01)	[2]	$ (0.34)	[2]	$ (0.11)	[2]	$ (0.57)	[2]
Income (loss) from discontinued operations attributable to Dean Foods Company (in dollars per share)	$ 0.00	[2]	$ (0.27)	[2]	$ 0.01	[2]	$ 5.24	[2]
Net income (loss) attributable to Dean Foods Company (in dollars per share)	$ (0.01)	[2]	$ (0.61)	[2]	$ (0.10)	[2]	$ 4.67	[2]
Diluted earnings (loss) per common share:
Income (loss) from continuing operations (in dollars per share)	$ (0.01)	[2]	$ (0.34)	[2]	$ (0.11)	[2]	$ (0.57)	[2]
Income (loss) from discontinued operations attributable to Dean Foods Company (in dollars per share)	$ 0.00	[2]	$ (0.27)	[2]	$ 0.01	[2]	$ 5.24	[2]
Net income (loss) attributable to Dean Foods Company (in dollars per share)	$ (0.01)	[2]	$ (0.61)	[2]	$ (0.10)	[2]	$ 4.67	[2]
Cash dividends declared per common share (in dollars per share)	$ 0.07		$ 0		$ 0.14000		$ 0

[1] All applicable share data and per share amounts have been adjusted retroactively for the 1-for-2 reverse stock split effected on August 26, 2013.

[2] For the periods ended June 30, 2013, basic and diluted earnings (loss) per common share and average basic and diluted shares outstanding have been adjusted retroactively to reflect a 1-for-2 reverse stock split effected August 26, 2013.

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Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Upon completion of the WhiteWave separation, our remaining goodwill of $86.8 million is attributable to our ongoing dairy operations. There were no changes in our goodwill balance during the six months ended June 30, 2014.

The gross carrying amount and accumulated amortization of our intangible assets other than goodwill as of June 30, 2014 and December 31, 2013 are as follows:

	June 30, 2014							December 31, 2013
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(In thousands)
Intangible assets with indefinite lives:
Trademarks	$	221,681	$	—		$	221,681	$	221,681	$	—		$	221,681
Intangible assets with finite lives:
Customer-related and other	49,225		(29,864		)	19,361		49,225		(28,575		)	20,650
Trademarks	8,096		(5,175		)	2,921		8,096		(5,002		)	3,094
Total	$	279,002	$	(35,039	)	$	243,963	$	279,002	$	(33,577	)	$	245,425

Amortization expense on intangible assets for the three months ended June 30, 2014 and 2013 was $0.7 million and $0.9 million, respectively. Amortization expense on intangible assets for the six months ended June 30, 2014 and 2013 was $1.5 million and $1.9 million, respectively. Estimated aggregate intangible asset amortization expense for the next five years is as follows (in millions):

2014	$	2.9
2015	2.9
2016	2.8
2017	2.2
2018	2.0

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Inventories

6 Months Ended

Jun. 30, 2014

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories, net of obsolescence reserves of $0.4 million and $0.8 million at June 30, 2014 and December 31, 2013, respectively, consisted of the following:

	June 30, 2014		December 31, 2013
	(In thousands)
Raw materials and supplies	$	104,843	$	103,023
Finished goods	164,960		159,835
Total	$	269,803	$	262,858

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Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

The following is a summary of operating results and certain other directly attributable expenses, including interest expense, which are included in discontinued operations:

	Three Months Ended June 30, 2013									Six Months Ended June 30, 2013
	WhiteWave			Morningstar			Total			WhiteWave			Morningstar			Total
	(In thousands)
Operations:
Net sales	$	354,085		$	—		$	354,085		$	940,431		$	5,919		$	946,350
Income before income taxes	19,976			(500		)	19,476			57,126			109			57,235
Income tax	(41,431		)	194			(41,237		)	(54,306		)	(38		)	(54,344		)
Net income (loss)	$	(21,455	)	$	(306	)	$	(21,761	)	$	2,820		$	71		$	2,891

The following is a summary of directly attributable transaction expenses which are included in discontinued operations:

	Three Months Ended June 30, 2013		Six Months Ended June 30, 2013
	(In thousands)
WhiteWave	$	9,010	$	12,464
Morningstar	300		300
Total	$	9,310	$	12,764

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Asset Impairment Charges and Facility Closing and Reorganization Costs

6 Months Ended

Jun. 30, 2014

Restructuring and Related Activities [Abstract]

Asset Impairment Charges and Facility Closing and Reorganization Costs

Asset Impairment Charges and Facility Closing and Reorganization Costs

Asset Impairment Charges

We evaluate our long-lived assets for impairment when circumstances indicate that the carrying value may not be recoverable. Indicators of impairment could include, among other factors, significant changes in the business environment or the planned closure of a facility. Considerable management judgment is necessary to evaluate the impact of operating changes and to estimate future cash flows. As a result of certain changes to our business and plans for consolidating our production network, we evaluated the impact that we expect these changes to have on our projected future cash flows as of June 30, 2014.

Testing the assets for recoverability involved developing estimates of future cash flows directly associated with, and that are expected to arise as a direct result of, the use and eventual disposition of the assets. The inputs for the fair value calculations were based on assessment of an individual asset’s alternative use within other production facilities, evaluation of recent market data and historical liquidation sales values for similar assets. As the inputs into these calculations are largely based on management’s judgments and are not generally observable in active markets, we consider such measurements to be Level 3 measurements in the fair value hierarchy. See Note 6.

There was no impairment of our long-lived assets identified for the six months ended June 30, 2014. As of June 30, 2013, the results of our analysis indicated an impairment of our plant, property and equipment of $31.1 million and impairment related to certain intangible assets of approximately $6.4 million. All of these charges were recorded in the impairment of long-lived assets line item in our unaudited Condensed Consolidated Statements of Operations. We can provide no assurance that we will not have impairment charges in future periods as a result of changes in our business environment, operating results or the assumptions and estimates utilized in our impairment tests.

Facility Closing and Reorganization Costs

Approved plans within our multi-year initiatives and related charges are summarized as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2014		2013		2014		2013
	(In thousands)
Closure of Facilities(1)	$	728	$	4,173	$	1,705	$	5,175
Functional Realignment(2)	—		415		—		518
Field and Functional Reorganization (3)	—		351		—		4,851
Other	—		—		—		5
Total	$	728	$	4,939	$	1,705	$	10,549

(1) These charges in 2014 and 2013 primarily relate to facility closures in Riverside, California; Denver, Colorado; Dallas, Texas; Waco, Texas; Springfield, Virginia; Buena Park, California; Evart, Michigan; Bangor, Maine; and Mendon, Massachusetts; as well as other approved closures. We have incurred $39.9 million of charges related to these initiatives to date. We expect to incur additional charges related to these facility closures of approximately $2.8 million, related to contract termination, shutdown and other costs. As we continue the evaluation of our supply chain and distribution network, as well as our accelerated cost reduction efforts, it is likely that we will close additional facilities in the future.

(2) The Functional Realignment initiative was focused on aligning key functions within our legacy Fresh Dairy Direct operations under a single leadership team and permanently removing costs from the organization. We have incurred total charges of approximately $33.1 million under this initiative to date and we do not expect to incur any material future charges related to this plan.

(3) The Field and Functional Reorganization initiative streamlined the leadership structure and has enabled faster decision-making and created enhanced opportunities to strategically build our business. We have incurred total charges of $11.3 million under this plan to date, all of which are associated with headcount reductions. We do not currently anticipate incurring any material charges under this plan going forward.

Activity with respect to facility closing and reorganization costs during the six months ended June 30, 2014 is summarized below and includes items expensed as incurred:

	Accrued Charges at December 31, 2013		Charges and Adjustments			Payments			Accrued Charges at June 30, 2014
	(In thousands)
Cash charges:
Workforce reduction costs	$	9,028	$	(44	)	$	(1,729	)	$	7,255
Shutdown costs	—		1,355			(1,355		)	—
Lease obligations after shutdown	8,361		246			(1,032		)	7,575
Other	—		207			(207		)	—
Subtotal	$	17,389	1,764			$	(4,323	)	$	14,830
Noncash charges:
Other, net			(59		)
Total charges			$	1,705

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Common Stock and Share-Based Compensation

6 Months Ended

Jun. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Common Stock and Share-Based Compensation

Common Stock and Share-Based Compensation

Adoption of Cash Dividend Policy — In November 2013, we announced that our Board of Directors had adopted a cash dividend policy. Under the policy, holders of our common stock will receive dividends when and as declared by our Board of Directors. Pursuant to the policy, we expect to pay quarterly dividends with an initial quarterly dividend rate of $0.07 per share ($0.28 per share annually). Quarterly dividends of $0.07 per share were paid in March and June of 2014. Our cash dividend policy is subject to modification, suspension or cancellation at any time.

Stock Repurchase Program — Since 1998, our Board of Directors has from time to time authorized the repurchase of our common stock up to an aggregate of $2.38 billion, excluding fees and commissions. We made no share repurchases during the three months ended June 30, 2014 and we repurchased 1,727,275 shares during the six months ended June 30, 2014. We made no share repurchases during the three months or six months ended June 30, 2013. As of June 30, 2014, $275.0 million was available for repurchases under this program (excluding fees and commissions). Our management is authorized to purchase shares from time to time through open market transactions at prevailing prices or in privately negotiated transactions, subject to market conditions and other factors. Shares, when repurchased, are retired.

Stock Options — The following table summarizes stock option activity during the first six months of 2014:

	Options		Weighted Average Exercise Price		Weighted Average Contractual Life (Years)	Aggregate Intrinsic Value
Options outstanding at January 1, 2014	5,055,035		$	19.35
Granted	—		—
Forfeited and canceled	(401,734	)	21.34
Exercised	(449,363	)	14.73
Options outstanding at June 30, 2014	4,203,938		$	19.65	3.48	$	5,809,572
Options exercisable at June 30, 2014	4,072,329		$	19.94	3.35	$	4,915,061

We recognize share-based compensation expense for stock options ratably over the vesting period. The fair value of each option award is estimated on the date of grant using a Black-Scholes valuation model. During each of the six months ended June 30, 2014 and 2013, there were no stock options granted.

Restricted Stock Units — The following table summarizes RSU activity during the first six months of 2014:

	Employees			Directors (2)			Total
Stock units outstanding at January 1, 2014	680,017			96,273			776,290
Stock units issued	315,168			59,367			374,535
Shares issued upon vesting of stock units	(181,570		)	(42,281		)	(223,851		)
Stock units canceled or forfeited(1)	(76,286		)	(780		)	(77,066		)
Stock units outstanding at June 30, 2014	737,329			112,579			849,908
Weighted average grant date fair value	$	14.55		$	13.75		$	14.45

(1) Pursuant to the terms of our stock unit plans, employees have the option of forfeiting stock units to cover their minimum statutory tax withholding when shares are issued. Any stock units surrendered or canceled in satisfaction of participants’ tax withholding obligations are not available for future grants under the plans.

(2) Directors' stock units are RSU(s), which participate in declared dividends.

Phantom Shares — We grant phantom shares as part of our long-term incentive compensation program, which are similar to RSUs in that they are based on the price of our stock and vest ratably over a three-year period, but are cash-settled based upon the value of our stock at each vesting period. The fair value of the awards is remeasured at each reporting period. Compensation expense is recognized over the vesting period with a corresponding liability, which is recorded in accounts payable and accrued expenses in our unaudited Condensed Consolidated Balance Sheets. The following table summarizes the phantom share activity during the first six months of 2014:

	Shares		Weighted Average Grant Date Fair Value
Outstanding at January 1, 2014	1,111,059		$	17.72
Granted	573,325		14.23
Converted/paid	(536,575	)	17.69
Forfeited	(70,540	)	17.09
Outstanding at June 30, 2014	1,077,269		$	15.92

Share-Based Compensation Expense — The following table summarizes the share-based compensation expense recognized during the three and six months ended June 30, 2014 and 2013:

	Three Months Ended June 30					Six Months Ended June 30
	2014			2013		2014			2013
	(In thousands)
Stock Options	$	118		$	5,523	$	263		$	5,930
Stock Units	1,179			1,254		2,387			2,543
Phantom Shares	2,258			3,506		2,600			5,121
Total	$	3,555	(1)	$	10,283	$	5,250	(1)	$	13,594

(1) Share-based compensation expense for the three and six months ended June 30, 2013 included an adjustment of $5.7 million related to the equity modification of share-based compensation pursuant to the WhiteWave spin-off.

Stock options, phantom shares and stock units held by employees do not currently participate in any dividends and accordingly, no expense attributed to dividends has been recorded.

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Changes in Accumulated Other Comprehensive Income (Loss) by Component, Net of Tax (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	$ (56,166)		$ (176,277)		$ (57,190)		$ (186,584)
Other comprehensive income (loss) before reclassifications	1,857		392,454		4,028		385,353
Amounts reclassified from accumulated other comprehensive income	(928)		36,753		(2,075)		54,161
Net current-period other comprehensive income (loss)	929		429,207		1,953		439,514
Spin-off of WhiteWave Foods			33,025				33,025
Ending Balance	(55,237)		285,955		(55,237)		285,955
Changes in Cash Flow Hedges
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	187		(38,003)		423		(58,452)
Other comprehensive income (loss) before reclassifications	(69)		(1,126)		(85)		(154)
Amounts reclassified from accumulated other comprehensive income	0		38,823	[1]	(220)	[2]	58,300
Net current-period other comprehensive income (loss)	(69)		37,697		(305)		58,146
Spin-off of WhiteWave Foods			182				182
Ending Balance	118		(124)		118		(124)
Pension and Other Postretirement Benefits Items
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(56,519)		(103,001)		(57,224)		(105,845)
Other comprehensive income (loss) before reclassifications	1,760		4,161		3,392		9,074
Amounts reclassified from accumulated other comprehensive income	(928)	[3]	(2,070)	[3]	(1,855)	[3]	(4,139)
Net current-period other comprehensive income (loss)	832		2,091		1,537		4,935
Spin-off of WhiteWave Foods			1,552				1,552
Ending Balance	(55,687)		(99,358)		(55,687)		(99,358)
Unrealized Gains/Losses on Available-For-Sale Securities
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance			0				0
Other comprehensive income (loss) before reclassifications			385,552				385,552
Amounts reclassified from accumulated other comprehensive income			0				0
Net current-period other comprehensive income (loss)			385,552				385,552
Spin-off of WhiteWave Foods			0				0
Ending Balance			385,552				385,552
Foreign Currency Items
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	166		(35,273)		(389)		(22,287)
Other comprehensive income (loss) before reclassifications	166		3,867		721		(9,119)
Amounts reclassified from accumulated other comprehensive income	0		0		0		0
Net current-period other comprehensive income (loss)	166		3,867		721		(9,119)
Spin-off of WhiteWave Foods			31,291				31,291
Ending Balance	332		(115)		332		(115)
Non- controlling Interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance			(5,732)				(3,683)
Other comprehensive income (loss) before reclassifications			668				(1,378)
Amounts reclassified from accumulated other comprehensive income			(3)				(6)
Net current-period other comprehensive income (loss)			665				(1,384)
Spin-off of WhiteWave Foods			5,067				5,067
Ending Balance			$ 0				$ 0

[1] Upon completion of the WhiteWave spin-off in May 2013, we determined that the underlying hedged forecasted transactions related to the novated swaps were no longer probable; therefore, during the three months ended June 30, 2013, we reclassified total losses of $63.4 million ($38.9 million, net of tax) recorded in accumulated other comprehensive income associated with these swaps to earnings, as a component of interest expense. See Note 6 for further information regarding our interest rate swaps.

[2] The accumulated other comprehensive loss component is related to the hedging activity amount at December 31, 2013 that was reclassified to operating income as we de-designated our cash flow hedges. See Note 6.

[3] The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

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Debt

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Debt

Debt

Our outstanding debt as of June 30, 2014 and December 31, 2013 consisted of the following:

	June 30, 2014					December 31, 2013
	Amount Outstanding			Interest Rate		Amount Outstanding			Interest Rate
	(In thousands, except percentages)
Dean Foods Company debt obligations:
Senior secured credit facility	$	51,510		1.66	%*	$	50,250		1.67	%*
Senior notes due 2016	475,697			7.00		475,579			7.00
Senior notes due 2018	23,812			9.75		23,812			9.75
	551,019					549,641
Subsidiary debt obligations:
Senior notes due 2017	133,837			6.90		132,808			6.90
Receivables-backed facility	300,000			0.99		213,000			1.19
Capital lease and other	1,483			—		1,813			—
	435,320					347,621
	986,339					897,262
Less current portion	(698		)			(698		)
Total long-term portion	$	985,641				$	896,564

*    Represents a weighted average rate, including applicable interest rate margins, for the credit facility.

The scheduled maturities of long-term debt at June 30, 2014 were as follows (in thousands):

2014	$	329
2015	656
2016	476,686
2017	442,000
2018	75,322
Thereafter	—
Subtotal	994,993
Less discounts	(8,654		)
Total outstanding debt	$	986,339

Senior Secured Credit Facility — In July 2013, we executed a credit agreement pursuant to which the lenders provided us with a five-year senior secured revolving credit facility in the amount of up to $750 million. Under the agreement, we have the right to request an increase of the aggregate commitment under the credit facility by, and to request incremental term loans or increased revolver commitments of, up to $500 million without the consent of any lenders not participating in such increase, subject to specified conditions. The senior secured credit facility is available for the issuance of up to $200 million of letters of credit and up to $150 million of swing line loans. The facility will terminate in July 2018.

On June 12, 2014, we executed an amendment to the senior secured credit facility which modified the consolidated net leverage ratio covenant to permit a maximum consolidated net leverage ratio of 4.00x for each fiscal quarter ending on or prior to September 30, 2014, and 3.50x for each fiscal quarter ending thereafter; and increasing the amount of permitted restricted payments that may be made during any fiscal year, if any such restricted payment would cause our consolidated net leverage ratio to exceed 3.25x, to $30 million from $20 million. For 2014, our previously completed repurchases of common stock of approximately $25 million are excluded from the $30 million limitation.

In connection with the amendment, the Company paid certain fees of approximately $0.4 million to consenting lenders and other fees which were capitalized and will be amortized to interest expense over the remaining term of the facility.

Loans outstanding under the senior secured credit facility bear interest, at our election, at either the Adjusted LIBO Rate (as defined in the credit agreement) plus a margin of between 1.25% and 2.25% (2.00% as of June 30, 2014 ) based on the leverage ratio (as defined in the credit agreement), or the Alternate Base Rate (as defined in the credit agreement) plus a margin of between 0.25% and 1.25% (1.00% as of June 30, 2014 ) based on the leverage ratio. We are permitted to make optional prepayments of the loans, in whole or in part, without premium or penalty (other than applicable LIBOR breakage costs). Subject to certain exceptions and conditions described in the credit agreement, we are obligated to prepay the credit facility, but without a corresponding commitment reduction, with the net cash proceeds of certain asset sales and with casualty insurance proceeds.

The senior secured credit facility is guaranteed by our existing and future domestic material restricted subsidiaries (as defined in the credit agreement), which are substantially all of our wholly-owned U.S. subsidiaries other than our receivables securitization subsidiaries. The facility is secured by a first priority perfected security interest in substantially all of our and our guarantors' personal property, whether consisting of tangible or intangible property, including a pledge of, and a perfected security interest in, (i) all of the shares of capital stock of the guarantors and (ii) 65% of the shares of our or any guarantor’s first-tier foreign subsidiaries which are material restricted subsidiaries, in each case subject to certain exceptions as set forth in the credit agreement. The collateral does not include any real property, the capital stock and any assets of any unrestricted subsidiary, or any capital stock of any direct or indirect subsidiary of our wholly-owned subsidiary Dean Holding Company ("Legacy Dean") which owns any real property.

The credit agreement governing the senior secured credit facility contains customary representations, warranties and covenants, including but not limited to specified restrictions on indebtedness, liens, guarantee obligations, mergers, acquisitions, consolidations, liquidations and dissolutions, sales of assets, leases, payment of dividends and other restricted payments, investments, loans and advances, transactions with affiliates and sale and leaseback transactions. The credit agreement also contains customary events of default and related cure provisions.

At June 30, 2014, there were outstanding borrowings of $51.5 million under the senior secured revolving credit facility. Our average daily balance under the senior secured revolving credit facility during the six months ended June 30, 2014 was $56.3 million. There were no letters of credit issued under the senior secured revolving credit facility as of June 30, 2014.

Dean Foods Receivables-Backed Facility — We have a $550 million receivables securitization facility pursuant towhich certain of our subsidiaries sell their accounts receivable to two wholly-owned entities intended to be bankruptcy-remote. The entities then transfer the receivables to third-party asset-backed commercial paper conduits sponsored by major financial institutions. The assets and liabilities of these two entities are fully reflected in our unaudited Condensed Consolidated Balance Sheets, and the securitization is treated as a borrowing for accounting purposes. In June 2014, the receivables-backed facility was modified to, among other things, increase the amount available for the issuance of letters of credit from $300 million to $350 million and to extend the liquidity termination date from March 2015 to June 2017.

In connection with the modification, the Company paid certain fees of approximately $0.7 million to consenting lenders and other fees which were capitalized and will be amortized to interest expense over the remaining term of the facility.

Based on the monthly borrowing base formula, we had the ability to borrow up to $550 million of the total commitment amount under the receivables-backed facility as of June 30, 2014. The total amount of receivables sold to these entities as of June 30, 2014 was $660.8 million. During the first six months of 2014 we borrowed $1,281.0 million and repaid $1,194.0 million under the facility with a drawn balance of $300.0 million as of June 30, 2014. Excluding letters of credit in the aggregate amount of $212.3 million, the remaining available borrowing capacity was $37.7 million at June 30, 2014. Our average daily balance under this facility during the six months ended June 30, 2014 was $240.1 million. The receivables-backed facility bears interest at a variable rate based upon commercial paper and one-month LIBO rates plus an applicable margin.

Under the senior secured credit facility and the receivables-backed facility, we are required to comply with (a) a maximum consolidated net leverage ratio of 4.00 to 1.00 for each fiscal quarter ending on or prior to September 30, 2014; and 3.50 to 1.00 for each fiscal quarter ending thereafter; and (b) a minimum consolidated interest coverage ratio of 3.00 to 1.00, in each case, as defined under and calculated in accordance with the terms of the agreements governing our senior secured credit facility and our receivables-backed facility.

We are currently in compliance with all covenants under our credit agreements. On August 11, 2014, we announced our intention to further amend our senior secured credit facility and receivables-backed facility to, among other things, modify the consolidated net leverage ratio covenant to increase our maximum permitted consolidated net leverage ratio as follows: 5.25x for each fiscal quarter ending on or prior to December 31, 2014; 5.00x for each fiscal quarter ending on or prior to March 31, 2015; 4.50x for each fiscal quarter ending on or prior to June 30, 2015; and 4.00x for each fiscal quarter ending thereafter. Pursuant to the proposed amendments, we will also be required to maintain a senior secured net leverage ratio not to exceed 2.50x. Loans outstanding under the senior secured credit facility will bear interest, at our election, at either the Adjusted LIBO Rate (as defined in the credit agreement) plus a margin of between 1.25% and 2.75%, or the Alternate Base Rate (as defined in the credit agreement) plus a margin of between 0.25% and 1.75%, in each case based on our leverage ratio. Based on our current leverage ratio, interest rate margins for borrowings under the senior secured credit facility would increase from 2.25% to 2.50% in the case of Adjusted LIBO Rate loans, and from 1.25% to 1.50% in the case of Alternate Base Rate loans. In addition, advances outstanding under our receivables-backed facility will bear interest between 0.35% and 0.50% based on our leverage ratio, and we will pay a facility fee between 0.45% and 0.60% based on our leverage ratio. Based on our current leverage ratio, interest rates for borrowings under the receivables-backed facility would increase from 0.35% to 0.45%, and the facility fee would increase from 0.45% to 0.55%. We expect these amendments to be entered into later this month, and we would pay customary consent fees and arrangement fees in connection with the amendments. Effectiveness of the amendments is conditioned on board approval, as well as other customary closing conditions.

Standby Letter of Credit — In February 2012, in connection with a litigation settlement agreement we entered into with the plaintiffs in the Tennessee dairy farmer actions, we issued a standby letter of credit in the amount of $80 million, representing the approximate subsequent payments due under the terms of the settlement agreement. The total amount of the letter of credit will decrease proportionately as we make each of the four installment payments. We made installment payments in June of 2014 and 2013. As of June 30, 2014, the letter of credit has been reduced to $37.7 million.

Dean Foods Company Senior Notes due 2018 — In December 2010, we issued $400 million aggregate principal amount of 9.75% senior unsecured notes in a private placement to qualified institutional buyers and in offshore transactions, and in August 2011, we exchanged $400 million of the senior notes for new notes that are registered under the Securities Act of 1933, as amended, and do not have restrictions on transfer, rights to special interest or registration rights. These notes are our senior unsecured obligations and mature in December 2018 with interest payable on June 15 and December 15 of each year. The indenture under which we issued the senior notes due 2018 does not contain financial covenants but does contain covenants that, among other things, limit our ability to incur certain indebtedness, enter into sale-leaseback transactions and engage in mergers, consolidations and sales of all or substantially all of our assets. During the fourth quarter of 2013, we retired $376.2 million principal amount of these notes pursuant to a cash tender offer. The carrying value of these notes on June 30, 2014 was $23.8 million.

Dean Foods Company Senior Notes due 2016 — In 2006, we issued $500 million aggregate principal amount of 7.0% senior unsecured notes. The senior unsecured notes mature in June 2016 and interest is payable on June 1 and December 1 of each year. The indenture under which we issued the senior notes due 2016 does not contain financial covenants but does contain covenants that, among other things, limit our ability to incur certain indebtedness, enter into sale-leaseback transactions and engage in mergers, consolidations and sales of all or substantially all of our assets. During the fourth quarter of 2013, we retired $23.8 million principal amount of these notes pursuant to a cash tender offer. The carrying value of these notes on June 30, 2014 was $475.7 million.

Subsidiary Senior Notes due 2017 — Legacy Dean had certain senior notes outstanding at the time of its acquisition, of which one series ($142 million aggregate principal amount) remains outstanding and matures in October 2017. The carrying value of these notes on June 30, 2014 was $133.8 million at 6.90% interest. The indenture governing the Legacy Dean senior notes does not contain financial covenants but does contain certain restrictions, including a prohibition against Legacy Dean and its subsidiaries granting liens on certain of their real property interests and a prohibition against Legacy Dean granting liens on the stock of its subsidiaries. The Legacy Dean senior notes are not guaranteed by Dean Foods Company or Legacy Dean’s wholly-owned subsidiaries.

See Note 6 for information regarding the fair value of the 2016 and 2018 senior notes and the subsidiary senior notes due 2017 as of June 30, 2014.

Capital Lease Obligations and Other — Capital lease obligations as of June 30, 2014 and December 31, 2013 were comprised of a lease for land and building related to one of our production facilities. See Note 12.

Guarantor Information — The 2016 and 2018 senior notes described above are our unsecured obligations and, except as described below, are fully and unconditionally, jointly and severally guaranteed by substantially all of our 100%-owned U.S. subsidiaries other than our receivables securitization subsidiaries. The following condensed consolidating financial statements present the financial position, results of operations and cash flows of Dean Foods Company (for purposes of this Note 5, “Parent”), the 100%-owned subsidiary guarantors of the senior notes and, separately, the combined results of the 100%-owned subsidiaries that are not a party to the guarantees. The 100%-owned non-guarantor subsidiaries reflect certain foreign and other operations, in addition to our receivables securitization subsidiaries.

Upon completion of the WhiteWave IPO, WhiteWave and its wholly-owned domestic subsidiaries were released from their obligations as guarantors for the 2016 and 2018 senior notes. Therefore, the activity and balances allocated to discontinued operations related to WhiteWave have been recast in the tables below for all periods presented to include WhiteWave and its subsidiaries in the non-guarantor column as these parties are no longer guarantors of the 2016 or 2018 senior notes.

	Unaudited Condensed Consolidating Balance Sheet as of June 30, 2014
	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	40,695		$	7,675	$	11,394		$	—		$	59,764
Receivables, net	2,053			69,643		647,225			—			718,921
Income tax receivable	71,922			7,959		—			—			79,881
Inventories	—			269,803		—			—			269,803
Intercompany receivables	—			5,776,395		—			(5,776,395		)	—
Other current assets	(2,430		)	85,809		254			—			83,633
Total current assets	112,240			6,217,284		658,873			(5,776,395		)	1,212,002
Property, plant and equipment, net	—			1,183,812		42			—			1,183,854
Goodwill	—			86,841		—			—			86,841
Identifiable intangible and other assets, net	69,861			250,771		(7		)	—			320,625
Investment in subsidiaries	6,642,069			52,258		—			(6,694,327		)	—
Total	$	6,824,170		$	7,790,966	$	658,908		$	(12,470,722	)	$	2,803,322
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	38,853		$	699,095	$	122		$	103		$	738,173
Intercompany payables	5,470,194			—		306,304			(5,776,498		)	—
Current portion of debt	—			698		—			—			698
Current portion of litigation settlements	18,605			—		—			—			18,605
Total current liabilities	5,527,652			699,793		306,426			(5,776,395		)	757,476
Long-term debt	551,018			134,623		300,000			—			985,641
Other long-term liabilities	53,979			314,481		224			—			368,684
Long-term litigation settlements	16,519			—		—			—			16,519
Total stockholders’ equity	675,002			6,642,069		52,258			(6,694,327		)	675,002
Total	$	6,824,170		$	7,790,966	$	658,908		$	(12,470,722	)	$	2,803,322

	Unaudited Condensed Consolidating Balance Sheet as of December 31, 2013
	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	(12,289	)	$	17,433	$	11,618		$	—		$	16,762
Receivables, net	1,932			72,660		677,642			—			752,234
Income tax receivable	10,374			5,541		—			—			15,915
Inventories	—			262,858		—			—			262,858
Intercompany receivables	—			5,728,284		(1		)	(5,728,283		)	—
Other current assets	6,944			95,927		58			—			102,929
Total current assets	6,961			6,182,703		689,317			(5,728,283		)	1,150,698
Property, plant and equipment, net	—			1,215,888		159			—			1,216,047
Goodwill	—			86,841		—			—			86,841
Identifiable intangible and other assets, net	90,269			258,109		81			—			348,459
Investment in subsidiaries	6,633,000			72,345		—			(6,705,345		)	—
Total	$	6,730,230		$	7,815,886	$	689,557		$	(12,433,628	)	$	2,802,045
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	47,284		$	713,625	$	554		$	(175	)	$	761,288
Intercompany payables	5,304,051			—		424,057			(5,728,108		)	—
Current portion of debt	—			698		—			—			698
Current portion of litigation settlements	19,101			—		—			—			19,101
Total current liabilities	5,370,436			714,323		424,611			(5,728,283		)	781,087
Long-term debt	549,641			133,923		213,000			—			896,564
Other long-term liabilities	59,764			314,149		92			—			374,005
Long-term litigation settlements	36,074			—		—			—			36,074
Total stockholders’ equity	714,315			6,653,491		51,854			(6,705,345		)	714,315
Total	$	6,730,230		$	7,815,886	$	689,557		$	(12,433,628	)	$	2,802,045

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2014
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Net sales	$	—		$	2,389,910		$	3,959		$	—		$	2,393,869
Cost of sales	—			1,991,705			3,076			—			1,994,781
Gross profit	—			398,205			883			—			399,088
Selling and distribution	—			334,540			392			—			334,932
General and administrative	785			69,567			425			—			70,777
Amortization of intangibles	—			717			—			—			717
Facility closing and reorganization costs	—			728			—			—			728
Other operating income	—			(4,535		)	—			—			(4,535		)
Interest expense	11,206			3,058			957			—			15,221
Other (income) expense, net	(900		)	988			(40		)	—			48
Loss from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(11,091		)	(6,858		)	(851		)	—			(18,800		)
Income tax benefit	(4,404		)	(13,084		)	(349		)	—			(17,837		)
Income (loss) before equity in earnings (loss) of subsidiaries	(6,687		)	6,226			(502		)	—			(963		)
Equity in earnings (loss) of consolidated subsidiaries	6,039			(594		)	—			(5,445		)	—
Income (loss) from continuing operations	(648		)	5,632			(502		)	(5,445		)	(963		)
Gain (loss) on sale of discontinued operations, net of tax	2			(61		)	377			—			318
Net income (loss)	(646		)	5,571			(125		)	(5,445		)	(645		)
Other comprehensive income, net of tax	724			40			165			—			929
Comprehensive income	$	78		$	5,611		$	40		$	(5,445	)	$	284

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2013
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated Totals
	(In thousands)
Net sales	$	—		$	2,223,253		$	4,289		$	—	$	2,227,542
Cost of sales	—			1,752,214			3,028			—		1,755,242
Gross profit	—			471,039			1,261			—		472,300
Selling and distribution	—			331,159			519			—		331,678
General and administrative	(362		)	86,357			393			—		86,388
Amortization of intangibles	—			925			—			—		925
Facility closing and reorganization costs	—			4,939			—			—		4,939
Litigation settlements	(1,019		)	—			—			—		(1,019		)
Impairment of long-lived assets	—			3,604			—			—		3,604
Other Operating Income	—			2,209			—			—		2,209
Interest expense	86,124			3,016			982			—		90,122
Other (income) expense, net	400			(536		)	(392		)	—		(528		)
Income (loss) from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(85,143		)	39,366			(241		)	—		(46,018		)
Income tax expense (benefit)	(29,975		)	16,123			(109		)	—		(13,961		)
Income (loss) before equity in earnings (loss) of subsidiaries	(55,168		)	23,243			(132		)	—		(32,057		)
Equity in earnings (loss) of consolidated subsidiaries	(1,702		)	297			—			1,405		—
Income (loss) from continuing operations	(56,870		)	23,540			(132		)	1,405		(32,057		)
Loss from discontinued operations, net of tax	—			—			(21,761		)	—		(21,761		)
Loss on sale of discontinued operations, net of tax	—			(63		)	(2		)	—		(65		)
Net income (loss)	(56,870		)	23,477			(21,895		)	1,405		(53,883		)
Net loss attributable to non-controlling interest	—			—			(2,987		)	—		(2,987		)
Net income (loss) attributable to Dean Foods Company	(56,870		)	23,477			(24,882		)	1,405		(56,870		)
Other comprehensive income, net of tax, attributable to Dean Foods Company	425,212			152			3,844			—		429,208
Comprehensive income (loss) attributable to Dean Foods Company	$	368,342		$	23,629		$	(21,038	)	$	1,405	$	372,338

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2014
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Net sales	$	—		$	4,727,964		$	6,945		$	—		$	4,734,909
Cost of sales	—			3,914,178			5,468			—			3,919,646
Gross profit	—			813,786			1,477			—			815,263
Selling and distribution	—			673,619			692			—			674,311
General and administrative	618			141,434			1,024			—			143,076
Amortization of intangibles	—			1,461			—			—			1,461
Facility closing and reorganization costs	—			1,705			—			—			1,705
Litigation settlements	(2,521		)	—			—			—			(2,521		)
Other operating income	—			(4,535		)	—			—			(4,535		)
Interest expense	21,811			6,040			2,393			—			30,244
Other (income) expense, net	(600		)	1,157			(830		)	—			(273		)
Loss from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(19,308		)	(7,095		)	(1,802		)	—			(28,205		)
Income tax benefit	(5,325		)	(11,641		)	(484		)	—			(17,450		)
Income (loss) before equity in earnings (loss) of subsidiaries	(13,983		)	4,546			(1,318		)	—			(10,755		)
Equity in earnings (loss) of consolidated subsidiaries	3,543			(1,410		)	—			(2,133		)	—
Income (loss) from continuing operations	(10,440		)	3,136			(1,318		)	(2,133		)	(10,755		)
Gain (loss) on sale of discontinued operations, net of tax	838			(61		)	377			—			1,154
Net income (loss)	(9,602		)	3,075			(941		)	(2,133		)	(9,601		)
Other comprehensive income, net of tax	1,146			87			720			—			1,953
Comprehensive income (loss)	$	(8,456	)	$	3,162		$	(221	)	$	(2,133	)	$	(7,648	)

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2013
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Net sales	$	—		$	4,512,425		$	7,547		$	—		$	4,519,972
Cost of sales	—			3,547,108			5,332			—			3,552,440
Gross profit	—			965,317			2,215			—			967,532
Selling and distribution	—			670,893			782			—			671,675
General and administrative	(365		)	170,837			880			—			171,352
Amortization of intangibles	—			1,875			—			—			1,875
Facility closing and reorganization costs	—			10,549			—			—			10,549
Litigation settlements	(1,019		)	—			—			—			(1,019		)
Impairment of long-lived assets	—			34,105			3,414			—			37,519
Other operating income	—			2,209			—			—			2,209
Interest expense	141,816			5,901			2,054			—			149,771
Other (income) expense, net	400			(174		)	(589		)	—			(363		)
Income (loss) from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(140,832		)	69,122			(4,326		)	—			(76,036		)
Income tax expense (benefit)	(50,284		)	28,818			(1,773		)	—			(23,239		)
Income (loss) before equity in earnings (loss) of subsidiaries	(90,548		)	40,304			(2,553		)	—			(52,797		)
Equity in earnings (loss) of consolidated subsidiaries	526,283			(2,249		)	—			(524,034		)	—
Income (loss) from continuing operations	435,735			38,055			(2,553		)	(524,034		)	(52,797		)
Income from discontinued operations, net of tax	—			—			2,891			—			2,891
Gain (loss) on sale of discontinued operations, net of tax	—			491,825			(5		)	—			491,820
Net income	435,735			529,880			333			(524,034		)	441,914
Net loss attributable to non-controlling interest in discontinued operations	—			—			(6,179		)	—			(6,179		)
Net income (loss) attributable to Dean Foods Company	435,735			529,880			(5,846		)	(524,034		)	435,735
Other comprehensive income (loss), net of tax, attributable to Dean Foods Company	447,267			293			(8,046		)	—			439,514
Comprehensive income (loss) attributable to Dean Foods Company	$	883,002		$	530,173		$	(13,892	)	$	(524,034	)	$	875,249

	Unaudited Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2014
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Consolidated Totals
	(In thousands)
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	(74,851	)	$	70,368		$	29,751		$	25,268
Cash flows from investing activities:
Payments for property, plant and equipment	—			(53,622		)	—			(53,622		)
Proceeds from sale of fixed assets	—			17,556			—			17,556
Net cash used in investing activities	—			(36,066		)	—			(36,066		)
Cash flows from financing activities:
Repayments of debt	—			(329		)	—			(329		)
Proceeds from senior secured revolver	1,317,194			—			—			1,317,194
Payments for senior secured revolver	(1,315,935		)	—			—			(1,315,935		)
Proceeds from receivables-backed facility	—			—			1,281,000			1,281,000
Payments for receivables-backed facility	—			—			(1,194,000		)	(1,194,000		)
Common stock repurchase	(25,000		)	—			—			(25,000		)
Cash dividend paid	(13,089		)	—			—			(13,089		)
Payments of deferred financing costs	(414		)	—			(693		)	(1,107		)
Issuance of common stock, net of share repurchases	4,953			—			—			4,953
Tax savings on share-based compensation	284			—			—			284
Intercompany	159,842			(43,731		)	(116,111		)	—
Net cash provided by (used in) financing activities	127,835			(44,060		)	(29,804		)	53,971
Effect of exchange rate changes on cash and cash equivalents	—			—			(171		)	(171		)
Increase (decrease) in cash and cash equivalents	52,984			(9,758		)	(224		)	43,002
Cash and cash equivalents, beginning of period	(12,289		)	17,433			11,618			16,762
Cash and cash equivalents, end of period	$	40,695		$	7,675		$	11,394		$	59,764

	Unaudited Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2013
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated Totals
	(In thousands)
Cash flows from operating activities:
Net cash provided by (used in) operating activities— continuing operations	$	(283,865	)	$	(58,127	)	$	96,904		$	(245,088	)
Net cash provided by operating activities — discontinued operations	—			—			14,174			14,174
Net cash provided by (used in) operating activities	(283,865		)	(58,127		)	111,078			(230,914		)
Cash flows from investing activities:
Payments for property, plant and equipment	(40		)	(48,952		)	—			(48,992		)
Proceeds from sale of fixed assets	—			4,271			—			4,271
Net cash used in investing activities— continuing operations	(40		)	(44,681		)	—			(44,721		)
Net cash provided by (used in) investing activities — discontinued operations	1,441,322			—			(37,828		)	1,403,494
Net cash provided by (used in) investing activities	1,441,282			(44,681		)	(37,828		)	1,358,773
Cash flows from financing activities:
Repayments of debt	(1,027,196		)	—			—			(1,027,196		)
Proceeds from senior secured revolver	510,750			—			—			510,750
Payments for senior secured revolver	(658,750		)	—			—			(658,750		)
Proceeds from receivables-backed facility	—			—			388,000			388,000
Payments for receivables-backed facility	—			—			(296,000		)	(296,000		)
Payment of financing costs	(575		)	—			—			(575		)
Issuance of common stock, net of share repurchases for withholding taxes	8,785			—			—			8,785
Tax savings on share-based compensation	172			—			—			172
Net change in intercompany balances	2,276			110,964			(113,240		)	—
Net cash provided by (used in) financing activities— continuing operations	(1,164,538		)	110,964			(21,240		)	(1,074,814		)
Net cash used in financing activities — discontinued operations	—			—			(51,584		)	(51,584		)
Net cash provided by (used in) financing activities	(1,164,538		)	110,964			(72,824		)	(1,126,398		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(155		)	(155		)
Increase (decrease) in cash and cash equivalents	(7,121		)	8,156			271			1,306
Cash and cash equivalents, beginning of period	15,242			—			9,415			24,657
Cash and cash equivalents, end of period	$	8,121		$	8,156		$	9,686		$	25,963

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Derivative Financial Instruments and Fair Value Measurements

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments and Fair Value Measurements

Derivative Financial Instruments and Fair Value Measurements

Derivative Financial Instruments

Commodities — We are exposed to commodity price fluctuations, including milk, butterfat, sweeteners and other commodity costs used in the manufacturing, packaging and distribution of our products, such as natural gas, resin and diesel fuel. To secure adequate supplies of materials and bring greater stability to the cost of ingredients and their related manufacturing, packaging and distribution, we routinely enter into forward purchase contracts and other purchase arrangements with suppliers. Under the forward purchase contracts, we commit to purchasing agreed-upon quantities of ingredients and commodities at agreed-upon prices at specified future dates. The outstanding purchase commitment for these commodities at any point in time typically ranges from one month’s to one year’s anticipated requirements, depending on the ingredient or commodity. These contracts are considered normal purchases.

In addition to entering into forward purchase contracts, from time to time we may purchase over-the-counter contracts from our qualified banking partners or enter into exchange-traded commodity futures contracts for raw materials that are ingredients of our products or components of such ingredients. Effective January 1, 2014, we have de-designated all open commodity derivative positions that were previously designated as cash flow hedges. During the first quarter of 2014, we reclassified $0.2 million, net of tax, of hedging activity related to these commodities contracts from accumulated other comprehensive income into operating income. As of the de-designation date, all commodities contracts are now marked to market in our income statement at each reporting period and a derivative asset or liability is recorded on our balance sheet.

Although we may utilize forward purchase contracts and other instruments to mitigate the risks related to commodity price fluctuation, such strategies do not fully mitigate commodity price risk. Adverse movements in commodity prices over the terms of the contracts or instruments could decrease the economic benefits we derive from these strategies.

At June 30, 2014 and December 31, 2013, our derivatives recorded at fair value in our unaudited Condensed Consolidated Balance Sheets consisted of the following:

	Derivative Assets				Derivative Liabilities
	June 30, 2014		December 31, 2013		June 30, 2014		December 31, 2013
	(In thousands)
Derivatives Designated as Hedging Instruments
Commodities contracts — current(1)	$	—	$	714	$	—	$	204
Derivatives not Designated as Hedging Instruments
Commodities contracts — current(1)	600		255		132		114
Total derivatives	$	600	$	969	$	132	$	318

(1) Derivative assets and liabilities that have settlement dates equal to or less than 12 months from the respective balance sheet date are included in other current assets and accounts payable and accrued expenses, respectively, in our unaudited Condensed Consolidated Balance Sheets.

Gains and losses on derivatives designated as cash flow hedges were reclassified from accumulated other comprehensive income to operating income for the three and six months ended June 30, 2013 as follows (in thousands):

	Three Months Ended June 30, 2013			Six Months Ended June 30, 2013
Losses on interest rate swap contracts(1)	$	63,424		$	94,832
(Gains) losses on commodities contracts(2)	(66		)	255
Gains on foreign currency contracts(3)	—			(78		)

(1) Recorded in interest expense in our unaudited Condensed Consolidated Statements of Operations.

(2) Recorded in distribution expense or cost of sales, depending on commodity type, in our unaudited Condensed Consolidated Statements of Operations.

(3) Recorded in cost of sales in our unaudited Condensed Consolidated Statements of Operations.

There was no material hedge ineffectiveness related to our commodities contracts designated as hedging instruments in the three and six months ended June 30, 2013.

Interest Rates - We have historically entered into interest rate swap agreements that were designated as cash flow hedges against variable interest rate exposure on a portion of our debt, with the objective of minimizing the impact of interest rate fluctuations and stabilizing cash flows. These swap agreements provided hedges for interest on our senior secured credit facility by fixing the LIBOR component of interest rates specified in our prior credit facility at the interest rates specified in the interest rate swap agreements until the indicated expiration dates of these interest rate swap agreements. For the reasons described below, as of June 30, 2013, we no longer have any interest rate swaps outstanding.

As disclosed in Note 2, in January 2013, we completed the sale of Morningstar and used a portion of the proceeds to repay debt. As a result of these repayments, we determined that we no longer had sufficient levels of variable rate debt to support the $1 billion aggregate notional amount of interest rate hedges. Accordingly, in the first quarter of 2013, we terminated these interest rate swaps, and upon termination, we paid the counterparties $28.0 million based on the fair value of the swaps on that date. As we have determined that the forecasted transactions hedged by these swaps were no longer probable, we reclassified total losses of $28.1 million ($17.3 million, net of tax) previously recorded in accumulated other comprehensive income to interest expense during the six months ended June 30, 2013.

In connection with the WhiteWave IPO discussed in Note 2, in the fourth quarter of 2012, we novated certain of our then-outstanding interest rate swaps to WhiteWave. WhiteWave became the sole counterparty to the financial institutions under these swap agreements, and is directly responsible for any required future settlements, and the sole beneficiary of any future receipts of funds, pursuant to the terms of these swaps.

As of the novation date, these swaps were de-designated and subsequent changes in fair value were reflected in our unaudited Condensed Consolidated Statements of Operations, with a non-controlling interest adjustment for the 13.3% economic interest in WhiteWave that we did not own. Upon completion of the WhiteWave spin-off on May 23, 2013, we determined that the underlying hedged forecasted transactions related to these swaps were no longer probable; therefore, during the three months ended June 30, 2013, we reclassified total losses of $63.4 million ($38.9 million, net of tax) previously recorded in accumulated other comprehensive income associated with the swaps to earnings. This non-cash charge was recorded as a component of interest expense in our unaudited Condensed Consolidated Statements of Operations. See Note 9.

Fair Value Measurements

Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering assumptions, we follow a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:

• Level 1 — Quoted prices for identical instruments in active markets.

• Level 2 — Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations, in which all significant inputs are observable in active markets.

• Level 3 — Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

A summary of our derivative assets and liabilities measured at fair value on a recurring basis as of June 30, 2014 is as follows (in thousands):

	Fair Value as of June 30, 2014		Level 1		Level 2		Level 3
Asset — Commodities contracts	$	600	$	—	$	600	$	—
Liability — Commodities contracts	132		—		132		—

A summary of our derivative assets and liabilities measured at fair value on a recurring basis as of December 31, 2013 is as follows (in thousands):

	Fair Value as of December 31, 2013		Level 1		Level 2		Level 3
Asset — Commodities contracts	$	969	$	—	$	969	$	—
Liability — Commodities contracts	318		—		318		—

Due to their near-term maturities, the carrying amounts of accounts receivable and accounts payable are considered equivalent to fair value. In addition, because the interest rates on our senior secured credit facility, receivables-backed facility, and certain other debt are variable, their fair values approximate their carrying values.

The fair values of our Dean Foods Company senior notes and subsidiary senior notes were determined based on quoted market prices obtained through an external pricing source which derives its price valuations from daily marketplace transactions, with adjustments to reflect the spreads of benchmark bonds, credit risk and certain other variables. We have determined these fair values to be Level 2 measurements as all significant inputs into the quotes provided by our pricing source are observable in active markets. The following table presents the carrying values and fair values of our senior and subsidiary senior notes at June 30, 2014 and December 31, 2013:

	June 30, 2014				December 31, 2013
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(In thousands)
Subsidiary senior notes due 2017	$	133,837	$	155,845	$	132,808	$	153,005
Dean Foods Company senior notes due 2016	475,697		522,616		475,579		527,378
Dean Foods Company senior notes due 2018	23,812		26,253		23,812		26,908

Additionally, we maintain a Supplemental Executive Retirement Plan (“SERP”), which is a nonqualified deferred compensation arrangement for our executive officers and other employees earning compensation in excess of the maximum compensation that can be taken into account with respect to our 401(k) plan. The SERP is designed to provide these employees with retirement benefits from us that are equivalent, as a percentage of total compensation, to the benefits provided to other employees. The assets related to this plan are primarily invested in money market and mutual funds and are held at fair value. We classify these assets as Level 2 as fair value can be corroborated based on quoted market prices for identical or similar instruments in markets that are not active. The following table presents a summary of the SERP assets measured at fair value on a recurring basis as of June 30, 2014 (in thousands):

	Total		Level 1		Level 2		Level 3
Money market	$	3	$	—	$	3	$	—
Mutual funds	2,187		—		2,187		—

The following table presents a summary of the SERP assets measured at fair value on a recurring basis as of December 31, 2013 (in thousands):

	Total		Level 1		Level 2		Level 3
Money market	$	5	$	—	$	5	$	—
Mutual funds	2,103		—		2,103		—

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Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Earnings (Loss) Per Share

Basic earnings (loss) per share (“EPS”) is based on the weighted average number of common shares outstanding during each period. Diluted EPS is based on the weighted average number of common shares outstanding and the effect of all dilutive common stock equivalents outstanding during each period. Stock option conversions and stock units were not included in the computation of diluted loss per share for each of the six months ended June 30, 2014 and 2013, as we incurred a loss from continuing operations for these periods and any effect on loss per share would have been anti-dilutive. The following table reconciles the numerators and denominators used in the computations of both basic and diluted EPS:

	Three Months Ended June 30						Six Months Ended June 30
	2014			2013(1)			2014			2013(1)
	(In thousands, except share data)
Basic loss per share computation:
Numerator:
Loss from continuing operations	$	(963	)	$	(32,057	)	$	(10,755	)	$	(52,797	)
Denominator:
Average common shares	93,561,305			93,417,417			93,977,672			93,215,130
Basic loss per share from continuing operations	$	(0.01	)	$	(0.34	)	$	(0.11	)	$	(0.57	)
Diluted loss per share computation:
Numerator:
Loss from continuing operations	$	(963	)	$	(32,057	)	$	(10,755	)	$	(52,797	)
Denominator:
Average common shares — basic	93,561,305			93,417,417			93,977,672			93,215,130
Stock option conversion(2)	—			—			—			—
Stock units(3)	—			—			—			—
Average common shares — diluted	93,561,305			93,417,417			93,977,672			93,215,130
Diluted loss per share from continuing operations	$	(0.01	)	$	(0.34	)	$	(0.11	)	$	(0.57	)
(1) All applicable share data and per share amounts have been adjusted retroactively for the 1-for-2 reverse stock split effected on August 26, 2013.
(2) Anti-dilutive common shares excluded	3,649,711			6,981,822			3,752,341			7,283,324
(3) Anti-dilutive stock units excluded	201,976			756,537			298,959			777,579

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Asset Impairment Charges and Facility Closing and Reorganization Costs - Additional Information (Detail) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Restructuring and Related Activities [Abstract]
Tangible asset impairment charges		$ 31,100,000
Intangible asset impairment charges	$ 0	$ 6,400,000

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Facility Closing and Reorganization Costs - Approved Plans and Related Charges (Parenthetical) (Detail) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jun. 30, 2014
Restructuring Cost and Reserve [Line Items]
Expected costs	$ 2.8
Facility Closing
Restructuring Cost and Reserve [Line Items]
Charges incurred to date	39.9
Functional Realignment
Restructuring Cost and Reserve [Line Items]
Charges incurred to date	33.1
Field and Functional Reorganization
Restructuring Cost and Reserve [Line Items]
Charges incurred to date	$ 11.3

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Employee Retirement and Postretirement Benefits - Components of Net Periodic Benefit Cost (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Defined Benefit Plans
Components of net periodic benefit cost:
Service cost	$ 770	$ 923	$ 1,540	$ 1,846
Interest cost	3,495	3,128	6,990	6,256
Expected return on plan assets	(4,690)	(4,633)	(9,380)	(9,266)
Amortizations:
Unrecognized transition obligation	0	0	0	0
Prior service cost	197	198	394	396
Unrecognized net loss	1,276	3,098	2,552	6,196
Net periodic benefit cost	1,048	2,714	2,096	5,428
Postretirement Benefits
Components of net periodic benefit cost:
Service cost	206	204	412	408
Interest cost	416	306	832	612
Amortizations:
Prior service cost	16	6	32	12
Unrecognized net loss	19	75	38	150
Net periodic benefit cost	$ 657	$ 591	$ 1,314	$ 1,182

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Discontinued Operations - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended		1 Months Ended	3 Months Ended		6 Months Ended		3 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jan. 31, 2013 Morningstar	Jun. 30, 2013 Morningstar	Mar. 31, 2013 Morningstar	Jun. 30, 2013 Morningstar	Jun. 30, 2014 WhiteWave Foods transaction	Dec. 31, 2012 IPO [Member] WhiteWave Foods	Jun. 30, 2013 Spinoff [Member] WhiteWave Foods	Sep. 30, 2013 Equity Swap [Member] WhiteWave Foods
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number Of Transactions Related To Spin-Off And Disposal									3
Sale of Stock, Percentage of Shares Offered										13.30%	66.80%	19.90%
Net cash proceed for full repayment of debt					$ 1,450,000,000
Net pre-tax gain related to divestiture							871,300,000
Gain (loss) on sale of discontinued operations, net of tax	318,000	(65,000)	1,154,000	491,820,000			492,100,000
Discontinued operations transaction costs	$ 0	$ 9,310,000	$ 0	$ 12,764,000		$ 300,000		$ 300,000

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Derivative Financial Instruments and Fair Value Measurements - Summary of Derivative Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (Commodities Contracts, USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Derivatives, Fair Value [Line Items]
Asset, Fair Value	$ 600	$ 969
Liability, Fair Value	132	318
Level 1
Derivatives, Fair Value [Line Items]
Asset, Fair Value	0	0
Liability, Fair Value	0	0
Level 2
Derivatives, Fair Value [Line Items]
Asset, Fair Value	600	969
Liability, Fair Value	132	318
Level 3
Derivatives, Fair Value [Line Items]
Asset, Fair Value	0	0
Liability, Fair Value	$ 0	$ 0

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Segment, Geographic and Customers Information

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment, Geographic and Customers Information

Segment, Geographic and Customers Information

We operate as a single reportable segment in manufacturing, marketing, selling and distributing a wide variety of branded and private label dairy case products. We operate 71 manufacturing facilities geographically located largely based on local and regional customer needs and other market factors. We manufacture, market and distribute a wide variety of branded and private label dairy case products, including milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States. Our products are primarily delivered through what we believe to be one of the most extensive refrigerated direct store delivery (“DSD”) systems in the United States. Our Chief Executive Officer evaluates the performance of our business based on sales and operating income or loss before gains and losses on the sale of businesses, facility closing and reorganization costs, litigation settlements, impairments of long-lived assets and other non-recurring gains and losses.

In connection with the WhiteWave separation in 2013, all segment results herein have been recast and present results on a comparable basis under a single reportable segment.

Geographic Information — Net sales related to our foreign operations comprised less than 1% of our consolidated net sales during the three and six months ended June 30, 2014 and 2013. None of our long-lived assets are associated with our foreign operations.

Significant Customers — Our largest customer accounted for approximately 16% and 18% of our consolidated net sales in the three months ended June 30, 2014 and 2013, respectively, and approximately 17% and 21% of our consolidated net sales in the six months ended June 30, 2014 and 2013, respectively.

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Debt (Tables)

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Schedule of Debt Instruments

Our outstanding debt as of June 30, 2014 and December 31, 2013 consisted of the following:

	June 30, 2014					December 31, 2013
	Amount Outstanding			Interest Rate		Amount Outstanding			Interest Rate
	(In thousands, except percentages)
Dean Foods Company debt obligations:
Senior secured credit facility	$	51,510		1.66	%*	$	50,250		1.67	%*
Senior notes due 2016	475,697			7.00		475,579			7.00
Senior notes due 2018	23,812			9.75		23,812			9.75
	551,019					549,641
Subsidiary debt obligations:
Senior notes due 2017	133,837			6.90		132,808			6.90
Receivables-backed facility	300,000			0.99		213,000			1.19
Capital lease and other	1,483			—		1,813			—
	435,320					347,621
	986,339					897,262
Less current portion	(698		)			(698		)
Total long-term portion	$	985,641				$	896,564

*    Represents a weighted average rate, including applicable interest rate margins, for the credit facility.

Schedule of Maturities of Long-Term Debt

The scheduled maturities of long-term debt at June 30, 2014 were as follows (in thousands):

2014	$	329
2015	656
2016	476,686
2017	442,000
2018	75,322
Thereafter	—
Subtotal	994,993
Less discounts	(8,654		)
Total outstanding debt	$	986,339

Condensed Consolidating Balance Sheet

Therefore, the activity and balances allocated to discontinued operations related to WhiteWave have been recast in the tables below for all periods presented to include WhiteWave and its subsidiaries in the non-guarantor column as these parties are no longer guarantors of the 2016 or 2018 senior notes.

	Unaudited Condensed Consolidating Balance Sheet as of June 30, 2014
	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	40,695		$	7,675	$	11,394		$	—		$	59,764
Receivables, net	2,053			69,643		647,225			—			718,921
Income tax receivable	71,922			7,959		—			—			79,881
Inventories	—			269,803		—			—			269,803
Intercompany receivables	—			5,776,395		—			(5,776,395		)	—
Other current assets	(2,430		)	85,809		254			—			83,633
Total current assets	112,240			6,217,284		658,873			(5,776,395		)	1,212,002
Property, plant and equipment, net	—			1,183,812		42			—			1,183,854
Goodwill	—			86,841		—			—			86,841
Identifiable intangible and other assets, net	69,861			250,771		(7		)	—			320,625
Investment in subsidiaries	6,642,069			52,258		—			(6,694,327		)	—
Total	$	6,824,170		$	7,790,966	$	658,908		$	(12,470,722	)	$	2,803,322
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	38,853		$	699,095	$	122		$	103		$	738,173
Intercompany payables	5,470,194			—		306,304			(5,776,498		)	—
Current portion of debt	—			698		—			—			698
Current portion of litigation settlements	18,605			—		—			—			18,605
Total current liabilities	5,527,652			699,793		306,426			(5,776,395		)	757,476
Long-term debt	551,018			134,623		300,000			—			985,641
Other long-term liabilities	53,979			314,481		224			—			368,684
Long-term litigation settlements	16,519			—		—			—			16,519
Total stockholders’ equity	675,002			6,642,069		52,258			(6,694,327		)	675,002
Total	$	6,824,170		$	7,790,966	$	658,908		$	(12,470,722	)	$	2,803,322

	Unaudited Condensed Consolidating Balance Sheet as of December 31, 2013
	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	(12,289	)	$	17,433	$	11,618		$	—		$	16,762
Receivables, net	1,932			72,660		677,642			—			752,234
Income tax receivable	10,374			5,541		—			—			15,915
Inventories	—			262,858		—			—			262,858
Intercompany receivables	—			5,728,284		(1		)	(5,728,283		)	—
Other current assets	6,944			95,927		58			—			102,929
Total current assets	6,961			6,182,703		689,317			(5,728,283		)	1,150,698
Property, plant and equipment, net	—			1,215,888		159			—			1,216,047
Goodwill	—			86,841		—			—			86,841
Identifiable intangible and other assets, net	90,269			258,109		81			—			348,459
Investment in subsidiaries	6,633,000			72,345		—			(6,705,345		)	—
Total	$	6,730,230		$	7,815,886	$	689,557		$	(12,433,628	)	$	2,802,045
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	47,284		$	713,625	$	554		$	(175	)	$	761,288
Intercompany payables	5,304,051			—		424,057			(5,728,108		)	—
Current portion of debt	—			698		—			—			698
Current portion of litigation settlements	19,101			—		—			—			19,101
Total current liabilities	5,370,436			714,323		424,611			(5,728,283		)	781,087
Long-term debt	549,641			133,923		213,000			—			896,564
Other long-term liabilities	59,764			314,149		92			—			374,005
Long-term litigation settlements	36,074			—		—			—			36,074
Total stockholders’ equity	714,315			6,653,491		51,854			(6,705,345		)	714,315
Total	$	6,730,230		$	7,815,886	$	689,557		$	(12,433,628	)	$	2,802,045

Condensed Consolidating Statement of Operations

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2014
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Net sales	$	—		$	2,389,910		$	3,959		$	—		$	2,393,869
Cost of sales	—			1,991,705			3,076			—			1,994,781
Gross profit	—			398,205			883			—			399,088
Selling and distribution	—			334,540			392			—			334,932
General and administrative	785			69,567			425			—			70,777
Amortization of intangibles	—			717			—			—			717
Facility closing and reorganization costs	—			728			—			—			728
Other operating income	—			(4,535		)	—			—			(4,535		)
Interest expense	11,206			3,058			957			—			15,221
Other (income) expense, net	(900		)	988			(40		)	—			48
Loss from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(11,091		)	(6,858		)	(851		)	—			(18,800		)
Income tax benefit	(4,404		)	(13,084		)	(349		)	—			(17,837		)
Income (loss) before equity in earnings (loss) of subsidiaries	(6,687		)	6,226			(502		)	—			(963		)
Equity in earnings (loss) of consolidated subsidiaries	6,039			(594		)	—			(5,445		)	—
Income (loss) from continuing operations	(648		)	5,632			(502		)	(5,445		)	(963		)
Gain (loss) on sale of discontinued operations, net of tax	2			(61		)	377			—			318
Net income (loss)	(646		)	5,571			(125		)	(5,445		)	(645		)
Other comprehensive income, net of tax	724			40			165			—			929
Comprehensive income	$	78		$	5,611		$	40		$	(5,445	)	$	284

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2013
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated Totals
	(In thousands)
Net sales	$	—		$	2,223,253		$	4,289		$	—	$	2,227,542
Cost of sales	—			1,752,214			3,028			—		1,755,242
Gross profit	—			471,039			1,261			—		472,300
Selling and distribution	—			331,159			519			—		331,678
General and administrative	(362		)	86,357			393			—		86,388
Amortization of intangibles	—			925			—			—		925
Facility closing and reorganization costs	—			4,939			—			—		4,939
Litigation settlements	(1,019		)	—			—			—		(1,019		)
Impairment of long-lived assets	—			3,604			—			—		3,604
Other Operating Income	—			2,209			—			—		2,209
Interest expense	86,124			3,016			982			—		90,122
Other (income) expense, net	400			(536		)	(392		)	—		(528		)
Income (loss) from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(85,143		)	39,366			(241		)	—		(46,018		)
Income tax expense (benefit)	(29,975		)	16,123			(109		)	—		(13,961		)
Income (loss) before equity in earnings (loss) of subsidiaries	(55,168		)	23,243			(132		)	—		(32,057		)
Equity in earnings (loss) of consolidated subsidiaries	(1,702		)	297			—			1,405		—
Income (loss) from continuing operations	(56,870		)	23,540			(132		)	1,405		(32,057		)
Loss from discontinued operations, net of tax	—			—			(21,761		)	—		(21,761		)
Loss on sale of discontinued operations, net of tax	—			(63		)	(2		)	—		(65		)
Net income (loss)	(56,870		)	23,477			(21,895		)	1,405		(53,883		)
Net loss attributable to non-controlling interest	—			—			(2,987		)	—		(2,987		)
Net income (loss) attributable to Dean Foods Company	(56,870		)	23,477			(24,882		)	1,405		(56,870		)
Other comprehensive income, net of tax, attributable to Dean Foods Company	425,212			152			3,844			—		429,208
Comprehensive income (loss) attributable to Dean Foods Company	$	368,342		$	23,629		$	(21,038	)	$	1,405	$	372,338

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2014
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Net sales	$	—		$	4,727,964		$	6,945		$	—		$	4,734,909
Cost of sales	—			3,914,178			5,468			—			3,919,646
Gross profit	—			813,786			1,477			—			815,263
Selling and distribution	—			673,619			692			—			674,311
General and administrative	618			141,434			1,024			—			143,076
Amortization of intangibles	—			1,461			—			—			1,461
Facility closing and reorganization costs	—			1,705			—			—			1,705
Litigation settlements	(2,521		)	—			—			—			(2,521		)
Other operating income	—			(4,535		)	—			—			(4,535		)
Interest expense	21,811			6,040			2,393			—			30,244
Other (income) expense, net	(600		)	1,157			(830		)	—			(273		)
Loss from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(19,308		)	(7,095		)	(1,802		)	—			(28,205		)
Income tax benefit	(5,325		)	(11,641		)	(484		)	—			(17,450		)
Income (loss) before equity in earnings (loss) of subsidiaries	(13,983		)	4,546			(1,318		)	—			(10,755		)
Equity in earnings (loss) of consolidated subsidiaries	3,543			(1,410		)	—			(2,133		)	—
Income (loss) from continuing operations	(10,440		)	3,136			(1,318		)	(2,133		)	(10,755		)
Gain (loss) on sale of discontinued operations, net of tax	838			(61		)	377			—			1,154
Net income (loss)	(9,602		)	3,075			(941		)	(2,133		)	(9,601		)
Other comprehensive income, net of tax	1,146			87			720			—			1,953
Comprehensive income (loss)	$	(8,456	)	$	3,162		$	(221	)	$	(2,133	)	$	(7,648	)

	Unaudited Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2013
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Net sales	$	—		$	4,512,425		$	7,547		$	—		$	4,519,972
Cost of sales	—			3,547,108			5,332			—			3,552,440
Gross profit	—			965,317			2,215			—			967,532
Selling and distribution	—			670,893			782			—			671,675
General and administrative	(365		)	170,837			880			—			171,352
Amortization of intangibles	—			1,875			—			—			1,875
Facility closing and reorganization costs	—			10,549			—			—			10,549
Litigation settlements	(1,019		)	—			—			—			(1,019		)
Impairment of long-lived assets	—			34,105			3,414			—			37,519
Other operating income	—			2,209			—			—			2,209
Interest expense	141,816			5,901			2,054			—			149,771
Other (income) expense, net	400			(174		)	(589		)	—			(363		)
Income (loss) from continuing operations before income taxes and equity in earnings (loss) of subsidiaries	(140,832		)	69,122			(4,326		)	—			(76,036		)
Income tax expense (benefit)	(50,284		)	28,818			(1,773		)	—			(23,239		)
Income (loss) before equity in earnings (loss) of subsidiaries	(90,548		)	40,304			(2,553		)	—			(52,797		)
Equity in earnings (loss) of consolidated subsidiaries	526,283			(2,249		)	—			(524,034		)	—
Income (loss) from continuing operations	435,735			38,055			(2,553		)	(524,034		)	(52,797		)
Income from discontinued operations, net of tax	—			—			2,891			—			2,891
Gain (loss) on sale of discontinued operations, net of tax	—			491,825			(5		)	—			491,820
Net income	435,735			529,880			333			(524,034		)	441,914
Net loss attributable to non-controlling interest in discontinued operations	—			—			(6,179		)	—			(6,179		)
Net income (loss) attributable to Dean Foods Company	435,735			529,880			(5,846		)	(524,034		)	435,735
Other comprehensive income (loss), net of tax, attributable to Dean Foods Company	447,267			293			(8,046		)	—			439,514
Comprehensive income (loss) attributable to Dean Foods Company	$	883,002		$	530,173		$	(13,892	)	$	(524,034	)	$	875,249

Condensed Consolidating Statement of Cash Flows

	Unaudited Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2014
	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Consolidated Totals
	(In thousands)
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	(74,851	)	$	70,368		$	29,751		$	25,268
Cash flows from investing activities:
Payments for property, plant and equipment	—			(53,622		)	—			(53,622		)
Proceeds from sale of fixed assets	—			17,556			—			17,556
Net cash used in investing activities	—			(36,066		)	—			(36,066		)
Cash flows from financing activities:
Repayments of debt	—			(329		)	—			(329		)
Proceeds from senior secured revolver	1,317,194			—			—			1,317,194
Payments for senior secured revolver	(1,315,935		)	—			—			(1,315,935		)
Proceeds from receivables-backed facility	—			—			1,281,000			1,281,000
Payments for receivables-backed facility	—			—			(1,194,000		)	(1,194,000		)
Common stock repurchase	(25,000		)	—			—			(25,000		)
Cash dividend paid	(13,089		)	—			—			(13,089		)
Payments of deferred financing costs	(414		)	—			(693		)	(1,107		)
Issuance of common stock, net of share repurchases	4,953			—			—			4,953
Tax savings on share-based compensation	284			—			—			284
Intercompany	159,842			(43,731		)	(116,111		)	—
Net cash provided by (used in) financing activities	127,835			(44,060		)	(29,804		)	53,971
Effect of exchange rate changes on cash and cash equivalents	—			—			(171		)	(171		)
Increase (decrease) in cash and cash equivalents	52,984			(9,758		)	(224		)	43,002
Cash and cash equivalents, beginning of period	(12,289		)	17,433			11,618			16,762
Cash and cash equivalents, end of period	$	40,695		$	7,675		$	11,394		$	59,764

	Unaudited Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2013
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated Totals
	(In thousands)
Cash flows from operating activities:
Net cash provided by (used in) operating activities— continuing operations	$	(283,865	)	$	(58,127	)	$	96,904		$	(245,088	)
Net cash provided by operating activities — discontinued operations	—			—			14,174			14,174
Net cash provided by (used in) operating activities	(283,865		)	(58,127		)	111,078			(230,914		)
Cash flows from investing activities:
Payments for property, plant and equipment	(40		)	(48,952		)	—			(48,992		)
Proceeds from sale of fixed assets	—			4,271			—			4,271
Net cash used in investing activities— continuing operations	(40		)	(44,681		)	—			(44,721		)
Net cash provided by (used in) investing activities — discontinued operations	1,441,322			—			(37,828		)	1,403,494
Net cash provided by (used in) investing activities	1,441,282			(44,681		)	(37,828		)	1,358,773
Cash flows from financing activities:
Repayments of debt	(1,027,196		)	—			—			(1,027,196		)
Proceeds from senior secured revolver	510,750			—			—			510,750
Payments for senior secured revolver	(658,750		)	—			—			(658,750		)
Proceeds from receivables-backed facility	—			—			388,000			388,000
Payments for receivables-backed facility	—			—			(296,000		)	(296,000		)
Payment of financing costs	(575		)	—			—			(575		)
Issuance of common stock, net of share repurchases for withholding taxes	8,785			—			—			8,785
Tax savings on share-based compensation	172			—			—			172
Net change in intercompany balances	2,276			110,964			(113,240		)	—
Net cash provided by (used in) financing activities— continuing operations	(1,164,538		)	110,964			(21,240		)	(1,074,814		)
Net cash used in financing activities — discontinued operations	—			—			(51,584		)	(51,584		)
Net cash provided by (used in) financing activities	(1,164,538		)	110,964			(72,824		)	(1,126,398		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(155		)	(155		)
Increase (decrease) in cash and cash equivalents	(7,121		)	8,156			271			1,306
Cash and cash equivalents, beginning of period	15,242			—			9,415			24,657
Cash and cash equivalents, end of period	$	8,121		$	8,156		$	9,686		$	25,963

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Derivative Financial Instruments and Fair Value Measurements - Derivatives Recorded at Fair Value in Consolidated Balance Sheets (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014		Dec. 31, 2013
Derivatives, Fair Value [Line Items]
Derivative Assets	$ 600		$ 969
Derivative Liabilities	132		318
Designated As Hedging Instrument | Current | Commodities Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	0	[1]	714	[1]
Derivative Liabilities	0	[1]	204	[1]
Not Designated As Hedging Instruments | Current | Commodities Contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	600	[1]	255	[1]
Derivative Liabilities	$ 132	[1]	$ 114	[1]

[1] Derivative assets and liabilities that have settlement dates equal to or less than 12 months from the respective balance sheet date are included in other current assets and accounts payable and accrued expenses, respectively, in our unaudited Condensed Consolidated Balance Sheets.

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Goodwill and Intangible Assets - Estimated Aggregate Finite-Lived Intangible Asset Amortization Expense (Detail) (USD $) In Millions, unless otherwise specified	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
2014	$ 2.9
2015	2.9
2016	2.8
2017	2.2
2018	$ 2.0

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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Net income (loss)	$ (645)	$ (53,883)	$ (9,601)	$ 441,914
Other comprehensive income (loss):
Cumulative translation adjustments	166	4,533	721	(10,517)
Net change in fair value of derivative instruments, net of tax	(69)	37,697	(85)	58,156
Net pension and other postretirement liability adjustment, net of tax	832	2,088	1,537	4,939
Unrealized gain on available-for-sale securities	0	385,552	0	385,552
Reclassification to income statement related to de-designation of cash flow hedges	0	0	(220)	0
Other comprehensive income	929	429,870	1,953	438,130
Comprehensive income (loss)	284	375,987	(7,648)	880,044
Comprehensive income attributable to non-controlling interest	0	3,649	0	4,795
Comprehensive income (loss) attributable to Dean Foods Company	$ 284	$ 372,338	$ (7,648)	$ 875,249

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Discontinued Operations

6 Months Ended

Jun. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

WhiteWave and Morningstar

We separated The WhiteWave Foods Company ("WhiteWave") from the Company in a series of three transactions: an initial public offering for 13.3% of the WhiteWave common stock in the fourth quarter of 2012; a tax-free spin-off of 66.8% of the WhiteWave common stock in the second quarter of 2013; and a tax-free debt-for-equity exchange of 19.9% of the WhiteWave common stock in the third quarter of 2013. Refer to our 2013 Annual Report on Form 10-K for more information about the WhiteWave separation. While we are a party to a separation and distribution agreement and various other agreements relating to the separation, including a transitional services agreement, an amended and restated tax matters agreement, an employee matters agreement and certain other commercial agreements, we have determined that the continuing cash flows generated by these agreements (which are not expected to extend beyond December 2014) did not constitute significant continuing involvement in the operations of WhiteWave. Accordingly, the net assets, operating results and cash flows of WhiteWave have been separately reflected as discontinued operations for the three and six months ended June 30, 2013. WhiteWave is a stand-alone public company which separately reports its financial results.

In January 2013, we completed the sale of Morningstar Foods ("Morningstar") to a third party for net proceeds of approximately $1.45 billion. During the six months ended June 30, 2013, we recorded a gain of $871.3 million ($492.1 million, net of tax) on the sale of Morningstar in January of 2013. The operating results of Morningstar have been included in discontinued operations for the three and six months ended June 30, 2013.

The following is a summary of operating results and certain other directly attributable expenses, including interest expense, which are included in discontinued operations:

	Three Months Ended June 30, 2013									Six Months Ended June 30, 2013
	WhiteWave			Morningstar			Total			WhiteWave			Morningstar			Total
	(In thousands)
Operations:
Net sales	$	354,085		$	—		$	354,085		$	940,431		$	5,919		$	946,350
Income before income taxes	19,976			(500		)	19,476			57,126			109			57,235
Income tax	(41,431		)	194			(41,237		)	(54,306		)	(38		)	(54,344		)
Net income (loss)	$	(21,455	)	$	(306	)	$	(21,761	)	$	2,820		$	71		$	2,891

The following is a summary of directly attributable transaction expenses which are included in discontinued operations:

	Three Months Ended June 30, 2013		Six Months Ended June 30, 2013
	(In thousands)
WhiteWave	$	9,010	$	12,464
Morningstar	300		300
Total	$	9,310	$	12,764

There were no transaction expenses directly attributable to discontinued operations during the three and six months ended June 30, 2014.

Other

During the three and six months ended June 30, 2014, we recognized net gains of $0.3 million and $1.2 million, respectively, from various taxing authority settlements related to prior discontinued operations.

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Common Stock and Share-Based Compensation - Summary of Share Based Compensation Expense Recognized (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 3,555	[1]	$ 10,283	[1]	$ 5,250	[1]	$ 13,594	[1]
Whitewave
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense			5,700				5,700
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	118		5,523		263		5,930
Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	1,179		1,254		2,387		2,543
Phantom Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 2,258		$ 3,506		$ 2,600		$ 5,121

[1] Share-based compensation expense for the three and six months ended June 30, 2013 included an adjustment of $5.7 million related to the equity modification of share-based compensation pursuant to the WhiteWave spin-off.

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Segment, Geographic and Customers Information - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Segment Reporting Information [Line Items]
Number of reportable segments			1
Number of manufacturing facilities			71
Foreign Operations
Segment Reporting Information [Line Items]
Major customer, percentage of sales	1.00%	1.00%	1.00%	1.00%
Sales
Segment Reporting Information [Line Items]
Major customer, percentage of sales	16.00%	18.00%	17.00%	21.00%

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Derivative Financial Instruments and Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives Recorded at Fair Value in Unaudited Condensed Consolidated Balance Sheets

At June 30, 2014 and December 31, 2013, our derivatives recorded at fair value in our unaudited Condensed Consolidated Balance Sheets consisted of the following:

	Derivative Assets				Derivative Liabilities
	June 30, 2014		December 31, 2013		June 30, 2014		December 31, 2013
	(In thousands)
Derivatives Designated as Hedging Instruments
Commodities contracts — current(1)	$	—	$	714	$	—	$	204
Derivatives not Designated as Hedging Instruments
Commodities contracts — current(1)	600		255		132		114
Total derivatives	$	600	$	969	$	132	$	318

(1) Derivative assets and liabilities that have settlement dates equal to or less than 12 months from the respective balance sheet date are included in other current assets and accounts payable and accrued expenses, respectively, in our unaudited Condensed Consolidated Balance Sheets.

Gains and Losses on Derivatives Designated as Cash Flow Hedges

Gains and losses on derivatives designated as cash flow hedges were reclassified from accumulated other comprehensive income to operating income for the three and six months ended June 30, 2013 as follows (in thousands):

	Three Months Ended June 30, 2013			Six Months Ended June 30, 2013
Losses on interest rate swap contracts(1)	$	63,424		$	94,832
(Gains) losses on commodities contracts(2)	(66		)	255
Gains on foreign currency contracts(3)	—			(78		)

(1) Recorded in interest expense in our unaudited Condensed Consolidated Statements of Operations.

(2) Recorded in distribution expense or cost of sales, depending on commodity type, in our unaudited Condensed Consolidated Statements of Operations.

(3) Recorded in cost of sales in our unaudited Condensed Consolidated Statements of Operations.

Summary of Derivative Assets and Liabilities Measured at Fair Value on Recurring Basis

A summary of our derivative assets and liabilities measured at fair value on a recurring basis as of June 30, 2014 is as follows (in thousands):

	Fair Value as of June 30, 2014		Level 1		Level 2		Level 3
Asset — Commodities contracts	$	600	$	—	$	600	$	—
Liability — Commodities contracts	132		—		132		—

A summary of our derivative assets and liabilities measured at fair value on a recurring basis as of December 31, 2013 is as follows (in thousands):

	Fair Value as of December 31, 2013		Level 1		Level 2		Level 3
Asset — Commodities contracts	$	969	$	—	$	969	$	—
Liability — Commodities contracts	318		—		318		—

Carrying Value and Fair Value of Senior Notes and Subsidiary Senior Notes

The following table presents the carrying values and fair values of our senior and subsidiary senior notes at June 30, 2014 and December 31, 2013:

	June 30, 2014				December 31, 2013
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(In thousands)
Subsidiary senior notes due 2017	$	133,837	$	155,845	$	132,808	$	153,005
Dean Foods Company senior notes due 2016	475,697		522,616		475,579		527,378
Dean Foods Company senior notes due 2018	23,812		26,253		23,812		26,908

Summary of SERP Assets Measured at Fair Value on Recurring Basis

The following table presents a summary of the SERP assets measured at fair value on a recurring basis as of June 30, 2014 (in thousands):

	Total		Level 1		Level 2		Level 3
Money market	$	3	$	—	$	3	$	—
Mutual funds	2,187		—		2,187		—

The following table presents a summary of the SERP assets measured at fair value on a recurring basis as of December 31, 2013 (in thousands):

	Total		Level 1		Level 2		Level 3
Money market	$	5	$	—	$	5	$	—
Mutual funds	2,103		—		2,103		—

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Inventories - Inventories, Net of Reserves (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Inventory Disclosure [Abstract]
Raw materials and supplies	$ 104,843	$ 103,023
Finished goods	164,960	159,835
Total	$ 269,803	$ 262,858

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Commitments and Contingencies

6 Months Ended

Jun. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Contingent Obligations Related to Divested Operations — We have divested certain businesses in recent years. In each case, we have retained certain known contingent obligations related to those businesses and/or assumed an obligation to indemnify the purchasers of the businesses for certain unknown contingent liabilities, including environmental liabilities. We believe that we have established adequate reserves, which are immaterial to the unaudited Condensed Consolidated Financial Statements, for potential liabilities and indemnifications related to our divested businesses. Moreover, we do not expect any liability that we may have for these retained liabilities, or any indemnification liability, to materially exceed amounts accrued.

Contingent Obligations Related to Milk Supply Arrangements — In connection with our acquisition of Legacy Dean, we purchased Dairy Farmers of America’s (“DFA”) 33.8% interest in our operations in 2001. In connection with that transaction, we issued a contingent, subordinated promissory note to DFA in the original principal amount of $40 million. The promissory note has a 20-year term and bears interest based on the consumer price index. Interest will not be paid in cash but will be added to the principal amount of the note annually, up to a maximum principal amount of $96 million. We may prepay the note in whole or in part at any time, without penalty. The note will only become payable if we materially breach or terminate one of our related milk supply agreements with DFA without renewal or replacement. Otherwise, the note will expire in 2021, without any obligation to pay any portion of the principal or interest. Payments made under the note, if any, would be expensed as incurred. We have not terminated, and we have not materially breached, any of our milk supply agreements with DFA related to the promissory note. We have previously terminated unrelated supply agreements with respect to several plants that were supplied by DFA. In connection with our goals of accelerated cost control and increased supply chain efficiency, we continue to evaluate our sources of raw milk supply.

Insurance — We use a combination of insurance and self-insurance for a number of risks, including property, workers’ compensation, general liability, automobile liability, product liability and employee health care utilizing high deductibles. Deductibles vary due to insurance market conditions and risk. Liabilities associated with these risks are estimated considering historical claims experience and other actuarial assumptions. Based on current information, we believe that we have established adequate reserves to cover these claims.

Lease and Purchase Obligations — We lease certain property, plant and equipment used in our operations under both capital and operating lease agreements. Such leases, which are primarily for machinery, equipment and vehicles, have lease terms ranging from one to 20 years. We had an immaterial amount of capital lease obligations as of June 30, 2014 and December 31, 2013. Certain of the operating lease agreements require the payment of additional rentals for maintenance, along with additional rentals based on miles driven or units produced. Certain leases require us to guarantee a minimum value of the leased asset at the end of the lease. Our maximum exposure under those guarantees is not a material amount.

We have entered into various contracts, in the normal course of business, obligating us to purchase minimum quantities of raw materials used in our production and distribution processes, including conventional raw milk, diesel fuel, sugar and other ingredients that are inputs into our finished products. We enter into these contracts from time to time to ensure a sufficient supply of raw ingredients. In addition, we have contractual obligations to purchase various services that are part of our production process.

Litigation, Investigations and Audits

Tennessee Retailer and Indirect Purchaser Actions

A putative class action antitrust complaint (the “retailer action”) was filed on August 9, 2007 in the United States District Court for the Eastern District of Tennessee. Plaintiffs allege generally that we, either acting alone or in conjunction with others in the milk industry who are also defendants in the retailer action, lessened competition in the Southeastern United States for the sale of processed fluid Grade A milk to retail outlets and other customers, and that the defendants’ conduct also artificially inflated wholesale prices for direct milk purchasers. Defendants’ motion for summary judgment in the retailer action was granted in part and denied in part in August 2010. Defendants filed a motion for reconsideration, renewed their request for summary judgment in September 2010. In March 2012, the Court granted summary judgment in favor of defendants as to all remaining counts and entered judgment in favor of all defendants, including the Company. Plaintiffs appealed the court’s decision in April 2012. Briefing on the appeal was completed in April 2013, and oral argument occurred in July 2013. In January 2014, the appeals court reversed the judgment for the defendants, including the Company, on one of the original five counts in the Tennessee retailer action. In February 2014, the Company requested that the Sixth Circuit Court of Appeals consider its decision en banc; the Sixth Circuit declined to do so. The Company filed a petition to the U.S. Supreme Court for review of the case on August 1, 2014. The Sixth Circuit returned the case to the trial court for further proceedings. The parties have agreed to submit a proposed schedule for further proceedings in the trial court on or before August 29, 2014. The parties have also agreed to defer further proceedings in the trial court until there is a determination by the Supreme Court whether to review the decision of the Court of Appeals.

On June 29, 2009, another putative class action lawsuit was filed in the Eastern District of Tennessee, Greeneville Division, on behalf of indirect purchasers of processed fluid Grade A milk (the “indirect purchaser action”). The allegations in this complaint are similar to those in the retailer action, but primarily involve state law claims. Because the allegations in the indirect purchaser action substantially overlap with the allegations in the retailer action, the Court granted the parties’ joint motion to stay all proceedings in the indirect purchaser action pending the outcome of the summary judgment motions in the retailer action. On August 16, 2012, the indirect purchaser plaintiffs voluntarily dismissed their lawsuit. On January 17, 2013, these same plaintiffs filed a new lawsuit in the Eastern District of Tennessee, Greeneville Division, on behalf of a putative class of indirect purchasers of processed fluid Grade A milk (the “2013 indirect purchaser action”). The allegations are similar to those in the voluntarily dismissed indirect purchaser action, but involve only claims arising under Tennessee law. The Company filed a motion to dismiss on April 30, 2013. On June 14, 2013, the indirect purchaser plaintiffs responded to the Company’s motion to dismiss and filed an amended complaint. On July 1, 2013, the Company filed a motion to dismiss the amended complaint. Briefing on the motion to dismiss was completed on August 15, 2013.

At this time, it is not possible for us to predict the ultimate outcome of these matters.

In addition to the pending legal proceedings set forth above, we are party from time to time to certain claims, litigations, audits and investigations. Potential liabilities associated with these other matters are not expected to have a material adverse impact on our financial position, results of operations or cash flows.

Other

In late 2013, we either settled or entered into settlement negotiations with the vast majority of states in regards to our obligations under state unclaimed property laws, the results of which did not have a material adverse impact on our financial position, results of operations or cash flows.