Bridge Credit Agreement Covenant Compliance Guarantee Minimum Ownership Requirement

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- Definition

Bridge Credit Agreement Covenant Compliance Maximum Guarantee Period

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- Definition

Bridge Credit Agreement Covenant Compliance Squeeze Out Period

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- Definition

Bridge Credit Agreement Ownership Requirement

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- Definition

Debt Instrument, Commitment Fee, Percentage

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Debt Instrument, Covenant Compliance, Restriction, Dividend or Distribution Amount

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- Definition

Debt Instrument, Covenant Compliance, Restriction, Indebtedness or Investment Amount

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Debt Instrument, Duration Fee, Percentage

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Guarantor Obligations, Triggering Amount

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- Definition

Short-Term financing which is expected to be paid back relatively quickly, such as by a subsequent longer-term loan. Also called swing loan or bridge financing.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

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-Subparagraph (SX 210.5-02.19(a)(1))

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Percentage points added to the reference rate to compute the variable rate on the debt instrument.

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Description of a fee associated with the debt instrument, including a commitment fee on unborrowed portions of a lender's total contractual commitment.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22(b))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Description of the conditions for borrowing under the credit facility including the nature of any restrictions.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Topic 210

-SubTopic 10

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-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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-Name Regulation S-X (SX)

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The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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Debt (Bridge Credit Agreement) (Narrative) (Details) - Bridge Loan - USD ($) $ in Millions				3 Months Ended
	Aug. 06, 2015	Jul. 23, 2015	Apr. 29, 2015	Jun. 30, 2015	May. 24, 2015
Short-term Debt [Line Items]
Bridge credit agreement			$ 12,500
Debt instrument, fee		28.1		60.9
Guarantor obligations, triggering amount			$ 350
Leverage ratio			4.75 to 1.00
Tranche A Loan
Short-term Debt [Line Items]
Bridge credit agreement			$ 11,000
Bridge credit agreement maturity			364 days
Tranche A Loan \| 90th Day Outstanding
Short-term Debt [Line Items]
Debt instrument, duration fee, percentage			0.50%
Tranche A Loan \| 90th Day Outstanding \| Does not meet certain criteria
Short-term Debt [Line Items]
Debt instrument, duration fee, percentage			0.75%
Tranche A Loan \| 180th Day Outstanding
Short-term Debt [Line Items]
Debt instrument, duration fee, percentage			0.75%
Tranche A Loan \| 180th Day Outstanding \| Does not meet certain criteria
Short-term Debt [Line Items]
Debt instrument, duration fee, percentage			1.00%
Tranche A Loan \| 270th Day Outstanding
Short-term Debt [Line Items]
Debt instrument, duration fee, percentage			1.00%
Tranche A Loan \| 270th Day Outstanding \| Does not meet certain criteria
Short-term Debt [Line Items]
Debt instrument, duration fee, percentage			1.25%
Tranche C Loan
Short-term Debt [Line Items]
Bridge credit agreement			$ 1,500
Bridge credit agreement maturity			6 months
Tranche A and Tranche C Loan
Short-term Debt [Line Items]
Debt instrument, commitment fee, percentage					0.175%
Minimum
Short-term Debt [Line Items]
Bridge credit agreement, ownership requirement			1.00
London Interbank Offered Rate (LIBOR)
Short-term Debt [Line Items]
Debt instrument, basis spread on variable rate			1.50%
Base Rate
Short-term Debt [Line Items]
Debt instrument, basis spread on variable rate			0.50%
Perrigo Proposal \| Minimum
Short-term Debt [Line Items]
Bridge credit agreement, ownership requirement			0.80
Subsequent Event \| Perrigo Proposal
Short-term Debt [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.04%
Bridge credit agreement covenant compliance maximum guarantee period, months	5 months
Bridge credit agreement covenant compliance guarantee minimum ownership requirement	0.75
Bridge credit agreement covenant compliance squeeze-out period, months	3 months
Subsequent Event \| Perrigo Proposal \| Maximum
Short-term Debt [Line Items]
Debt Instrument, Covenant Compliance, Restriction, Indebtedness or Investment Amount	$ 350
Debt Instrument, Covenant Compliance, Restriction, Dividend or Distribution Amount	$ 150