XML 76 R64.htm IDEA: XBRL DOCUMENT v2.4.0.6
LONG-TERM DEBT (Schedule of Debt) (Details) (USD $)
In Millions, unless otherwise specified
Feb. 24, 2013
May 27, 2012
Debt Instrument [Line Items]    
Senior notes $ 10,351.0 $ 2,938.8
Fair value adjustment of notes in connection with Ralcorp acquisition 263.2 0
Unamortized discounts/premiums (60.0) (59.8)
Adjustment due to hedging activity 10.8 17.7
Less current installments (719.7) (38.1)
Total long-term debt 9,845.3 2,858.6
Interest rate 3.25%  
4.65% Senior Debt Due January 2043 [Member]
   
Debt Instrument [Line Items]    
Senior notes 1,000.0 0
Interest rate 4.65%  
6.625% Senior Debt Due August 2039 (Including Ralcorp Senior Notes) [Member]
   
Debt Instrument [Line Items]    
Senior notes 450.0 0
Interest rate 6.625%  
8.25% Senior Debt Due September 2039 [Member]
   
Debt Instrument [Line Items]    
Senior notes 300.0 300.0
Interest rate 8.25%  
7.0% Senior Debt Due October 2028 [Member]
   
Debt Instrument [Line Items]    
Senior notes 382.2 382.2
Interest rate 7.00%  
6.7% Senior Debt Due August 2027 [Member]
   
Debt Instrument [Line Items]    
Senior notes 9.2 9.2
Interest rate 6.70%  
7.125% Senior Debt Due October 2026 [Member]
   
Debt Instrument [Line Items]    
Senior notes 372.4 372.4
Interest rate 7.125%  
3.2% Senior Debt Due January 2023 [Member]
   
Debt Instrument [Line Items]    
Senior notes 1,225.0 0
Interest rate 3.20%  
3.25% Senior Debt Due September 2022 [Member]
   
Debt Instrument [Line Items]    
Senior notes 250.0 0
Interest rate 3.25%  
9.75% Subordinated Debt Due March 2021 [Member]
   
Debt Instrument [Line Items]    
Senior notes 195.9 195.9
Interest rate 9.75%  
4.95% Senior Debt Due August 2020 (Including Ralcorp Senior Notes) [Member]
   
Debt Instrument [Line Items]    
Senior notes 300.0 0
Interest rate 4.95%  
7.0% Senior Debt Due April 2019 [Member]
   
Debt Instrument [Line Items]    
Senior notes 500.0 500.0
Interest rate 7.00%  
1.9% Senior Debt Due January 2018 [Member]
   
Debt Instrument [Line Items]    
Senior notes 1,000.0 0
Interest rate 1.90%  
LIBOR plus 1.75% term loans due January 2018 [Member]
   
Debt Instrument [Line Items]    
Senior notes 1,500.0 0
Interest rate 1.75%  
2.1% Senior Debt Due March 2018 [Member]
   
Debt Instrument [Line Items]    
Senior notes 250.0 0
Interest rate 2.10%  
5.819% Senior Debt Due June 2017 [Member]
   
Debt Instrument [Line Items]    
Senior notes 500.0 500.0
Interest rate 5.819%  
1.3% Senior Debt Due January 2016 [Member]
   
Debt Instrument [Line Items]    
Senior notes 750.0 0
Interest rate 1.30%  
1.35% Senior Debt Due September 2015 [Member]
   
Debt Instrument [Line Items]    
Senior notes 250.0 0
Interest rate 1.35%  
5.875% Senior Debt Due April 2014 [Member]
   
Debt Instrument [Line Items]    
Senior notes 500.0 500.0
Interest rate 5.875%  
Ralcorp Callable Notes (prepaid subsequent to February 24, 2013)
   
Debt Instrument [Line Items]    
Senior notes 460.7 0
2.00% to 9.59% Lease Financing Obligations Due Through 2029 [Member]
   
Debt Instrument [Line Items]    
Senior notes 77.3 106.0
Other Indebtedness [Member]
   
Debt Instrument [Line Items]    
Senior notes $ 78.3 $ 73.1
Minimum [Member] | 2.00% to 9.59% Lease Financing Obligations Due Through 2029 [Member]
   
Debt Instrument [Line Items]    
Interest rate 2.00%  
Maximum [Member] | 2.00% to 9.59% Lease Financing Obligations Due Through 2029 [Member]
   
Debt Instrument [Line Items]    
Interest rate 9.59%