Current Liabilities

12 Months Ended

Dec. 25, 2011

CURRENT LIABILITIES

Current liabilities, other than income taxes and current maturities of long-term debt, consisted of the following components:



	December 25, 2011		December 26, 2010
	(In thousands)
Accounts payable:
Trade accounts	$	294,662	$	247,500
Unfunded payments	32,958		80,393
Other payables	1,244		1,887
Total accounts payable	328,864		329,780
Accounts payable to JBS USA, LLC	11,653		7,212
Accrued expenses and other current liabilities:
Compensation and benefits	72,328		108,639
Interest and debt-related fees	13,809		12,624
Insurance and self-insured claims	102,256		83,648
Commodity derivative liabilities:
Futures	2,120		8,497
Options	603		7,890
Other accrued expenses	89,855		76,296
Pre-petition obligations	826		346
Total accrued expenses and other current liabilities	281,797		297,940
	$	622,314	$	634,932