XML 29 R52.htm IDEA: XBRL DOCUMENT v2.4.1.9
PENSION AND OTHER POSTRETIREMENT BENEFITS (Narrative) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 29, 2015
Mar. 30, 2014
Dec. 28, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]      
Retirement plan expenses $ 4.5us-gaap_PensionAndOtherPostretirementBenefitExpense $ 1.4us-gaap_PensionAndOtherPostretirementBenefitExpense  
Accumulated benefit obligation, defined benefit pension plans 185.8us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation   190.0us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation
Actuarial gain (loss) expected to be recognized in net pension cost throughout 2015 (0.5)us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear    
Pension Benefits [Member]      
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]      
Remaining expected contributions during 2015 7.5us-gaap_DefinedBenefitPlansEstimatedFutureEmployerContributionsInCurrentFiscalYear
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
   
Other Benefits [Member]      
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]      
Remaining expected contributions during 2015 $ 0.1us-gaap_DefinedBenefitPlansEstimatedFutureEmployerContributionsInCurrentFiscalYear
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
   
Fixed income securities [Member] | Pooled separate accounts [Member]      
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]      
Target plan asset allocations 50.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_DebtSecuritiesMember
/ us-gaap_InvestmentSecondaryCategorizationAxis
= ppc_PooledSeparateAccountsMember
   
Fixed income securities [Member] | Common collective trusts funds [Member]      
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]      
Target plan asset allocations 30.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_DebtSecuritiesMember
/ us-gaap_InvestmentSecondaryCategorizationAxis
= ppc_CommonCollectiveTrustFundsMember
   
Equity securities [Member] | Common collective trusts funds [Member]      
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]      
Target plan asset allocations 70.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_InvestmentSecondaryCategorizationAxis
= ppc_CommonCollectiveTrustFundsMember