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SUPPLEMENTAL GUARANTOR FINANCIAL INFORMATION (Tables)
 12 Months Ended
Dec. 30, 2012
Guarantees [Abstract]  
Schedule of Condensed Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEETS
December 30, 2012
(In thousands)

 
Subsidiary Subsidiary Eliminations/
Parent Guarantor Non-Guarantors Adjustments Consolidation
Cash and cash equivalents $ 27,657 $ — $ 40,523 $ — $ 68,180
Restricted cash and cash equivalents — — — — —
Investment in available-for-sale securities — — — — —
Trade accounts and other receivables, less
allowance for doubtful accounts 326,031 1,843 57,056 — 384,930
Account receivable from JBS USA, LLC 1,514 — — — 1,514
Inventories 802,282 22,813 125,201 — 950,296
Income taxes receivable 55,306 — — (587 ) 54,719
Current deferred tax assets — 3,794 506 (4,300 ) —
Prepaid expenses and other current assets 29,603 — 26,444 — 56,047
Assets held for sale 9,808 — 17,234 — 27,042
Total current assets 1,252,201 28,450 266,964 (4,887 ) 1,542,728
Investment in available-for-sale securities — — — — —
Intercompany receivable 19,860 53,706 — (73,566 ) —
Investment in subsidiaries 376,226 — — (376,226 ) —
Deferred tax assets 101,100 — 422 (4,091 ) 97,431
Other long-lived assets 44,936 — 180,587 (180,000 ) 45,523
Identified intangible assets, net 27,386 — 10,880 — 38,266
Property, plant and equipment, net 1,043,696 45,746 104,368 (3,889 ) 1,189,921
Total assets $ 2,865,405 $ 127,902 $ 563,221 $ (642,659 ) $ 2,913,869
Accounts payable $ 255,517 $ 4,270 $ 52,578 $ — $ 312,365
Account payable to JBS USA, LLC 13,436 — — — 13,436
Accrued expenses and other current liabilities 230,278 24,265 28,997 — 283,540
Income taxes payable — — 1,055 (587 ) 468
Current deferred tax liabilities 108,201 — 581 (4,300 ) 104,482
Current maturities of long-term debt 15,886 — — — 15,886
Total current liabilities 623,318 28,535 83,211 (4,887 ) 730,177
Long-term debt, less current maturities 1,173,870 — — (25,000 ) 1,148,870
Note payable to JBS USA Holdings, Inc. — — — — —
Intercompany payable — — 73,566 (73,566 ) —
Deferred tax liabilities — 3,794 297 (4,091 ) —
Other long-term liabilities 122,580 — 3,245 — 125,825
Total liabilities 1,919,768 32,329 160,319 (107,544 ) 2,004,872
Total Pilgrim’s Pride Corporation stockholders’
equity 945,637 95,573 400,276 (535,115 ) 906,371
Noncontrolling interest — — 2,626 — 2,626
Total stockholders’ equity 945,637 95,573 402,902 (535,115 ) 908,997
Total liabilities and stockholders’ equity $ 2,865,405 $ 127,902 $ 563,221 $ (642,659 ) $ 2,913,869
 

CONDENSED CONSOLIDATING BALANCE SHEETS
December 25, 2011
(In thousands)

 
Subsidiary Subsidiary Eliminations/
Parent Guarantor Non-Guarantors Adjustments Consolidation
Cash and cash equivalents $ 13,733 $ 30 $ 27,846 $ — $ 41,609
Restricted cash and cash equivalents — — 7,680 — 7,680
Investment in available-for-sale securities — — 157 — 157
Trade accounts and other receivables, less
allowance for doubtful accounts 302,809 1,575 44,838 — 349,222
Account receivable from JBS USA, LLC 21,198 — — — 21,198
Inventories 766,227 21,144 91,723 — 879,094
Income taxes receivable 62,160 — 528 (3,621 ) 59,067
Current deferred tax assets — 4,003 1,478 (5,481 ) —
Prepaid expenses and other current assets 35,877 87 16,386 — 52,350
Assets held for sale 37,754 — 16,062 — 53,816
Total current assets 1,239,758 26,839 206,698 (9,102 ) 1,464,193
Investment in available-for-sale securities — — 497 — 497
Intercompany receivable 50,064 33,978 — (84,042 ) —
Investment in subsidiaries 304,395 — — (304,395 ) —
Deferred tax assets 75,392 — 7 (4,300 ) 71,099
Other long-lived assets 57,460 — 180,461 (180,000 ) 57,921
Identified intangible assets, net 31,384 — 12,699 — 44,083
Property, plant and equipment, net 1,090,376 49,336 105,928 (3,888 ) 1,241,752
Total assets $ 2,848,829 $ 110,153 $ 506,290 $ (585,727 ) $ 2,879,545
Accounts payable $ 270,538 $ 13,033 $ 45,293 $ — $ 328,864
Account payable to JBS USA, LLC 11,653 — — — 11,653
Accrued expenses and other current liabilities 226,016 17,193 38,588 — 281,797
Income taxes payable — — 3,621 (3,621 ) —
Current deferred tax liabilities 83,795 — 934 (5,481 ) 79,248
Current maturities of long-term debt 15,611 — — — 15,611
Total current liabilities 607,613 30,226 88,436 (9,102 ) 717,173
Long-term debt, less current maturities 1,433,001 — — (25,000 ) 1,408,001
Note payable to JBS USA Holdings, Inc. 50,000 — — — 50,000
Intercompany payable — — 84,042 (84,042 ) —
Deferred tax liabilities — 4,003 297 (4,300 ) —
Other long-term liabilities 289,697 — 11,675 (155,431 ) 145,941
Total liabilities 2,380,311 34,229 184,450 (277,875 ) 2,321,115
Total Pilgrim’s Pride Corporation stockholders’
equity 468,518 75,924 319,022 (307,852 ) 555,612
Noncontrolling interest — — 2,818 — 2,818
Total stockholders’ equity 468,518 75,924 321,840 (307,852 ) 558,430
Total liabilities and stockholders’ equity $ 2,848,829 $ 110,153 $ 506,290 $ (585,727 ) $ 2,879,545
Schedule of Condensed Income Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
Fifty-Three Weeks Ended December 30, 2012
(In thousands)

 
Subsidiary Subsidiary Eliminations/
Parent Guarantor Non-Guarantors Adjustments Consolidation
Net sales $ 6,836,012 $ 537,198 $ 992,501 $ (244,329 ) $ 8,121,382
Cost of sales 6,530,925 511,800 887,154 (244,329 ) 7,685,550
Gross profit 305,087 25,398 105,347 — 435,832
Selling, general and administrative expense 156,535 — 20,506 — 177,041
Administrative restructuring charges, net 9,743 — (1,294 ) — 8,449
Total costs and expenses 6,697,203 511,800 906,366 (244,329 ) 7,871,040
Operating income 138,809 25,398 86,135 — 250,342
Other expenses (income):
Interest expense 104,652 — 274 — 104,926
Interest income (295 ) — (1,102 ) — (1,397 )
Foreign currency transaction losses (gains) 95 — (4,905 ) — (4,810 )
Miscellaneous, net (2,131 ) (14 ) 22 684 (1,439 )
Total other expenses 102,321 (14 ) (5,711 ) 684 97,280
Income (loss) from continuing operations before
income taxes 36,488 25,412 91,846 (684 ) 153,062
Income tax expense (benefit) (38,852 ) 9,593 8,279 — (20,980 )
Income (loss) before equity in earnings of
consolidated subsidiaries 75,340 15,819 83,567 (684 ) 174,042
Equity in earnings of consolidated subsidiaries 101,372 — — (101,372 ) —
Net income (loss) 176,712 15,819 83,567 (102,056 ) 174,042
Less: Net loss attributable to noncontrolling
interest — — (192 ) — (192 )
Net income (loss) attributable to Pilgrim’s Pride $ 176,712 $ 15,819 $ 83,759 $ (102,056 ) $ 174,234
 

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
Fifty-Two Weeks Ended December 25, 2011

 
(In thousands)
Subsidiary Subsidiary Eliminations/
Parent Guarantor Non-Guarantors Adjustments Consolidation
Net sales $ 6,135,319 $ 458,932 $ 1,225,128 $ (283,681 ) $ 7,535,698
Cost of sales 6,237,535 430,343 1,291,080 (283,681 ) 7,675,277
Operational restructuring charges, net 1,958 — — — 1,958
Gross profit (loss) (104,174 ) 28,589 (65,952 ) — (141,537 )
Selling, general and administrative expense 174,694 — 30,449 — 205,143
Administrative restructuring charges, net 19,824 — 7,087 — 26,911
Total costs and expenses 6,434,011 430,343 1,328,616 (283,681 ) 7,909,289
Operating income (loss) (298,692 ) 28,589 (103,488 ) — (373,591 )
Other expenses (income):
Interest expense 110,940 — 592 — 111,532
Interest income (363 ) — (1,102 ) — (1,465 )
Foreign currency transaction losses (gains) (31 ) — 12,632 — 12,601
Miscellaneous, net 59,661 3,818 (98,360 ) 25,748 (9,133 )
Total other expenses 170,207 3,818 (86,238 ) 25,748 113,535
Income (loss) from continuing operations before
income taxes (468,899 ) 24,771 (17,250 ) (25,748 ) (487,126 )
Income tax expense (benefit) (14,139 ) 9,351 13,352 — 8,564
Income (loss) before equity in earnings of
consolidated subsidiaries (454,760 ) 15,420 (30,602 ) (25,748 ) (495,690 )
Equity in earnings of consolidated subsidiaries (9,334 ) — — 9,334 —
Net income (loss) (464,094 ) 15,420 (30,602 ) (16,414 ) (495,690 )
Less: Net income attributable to noncontrolling
interest — — 1,082 — 1,082
Net income (loss) attributable to Pilgrim’s Pride $ (464,094 ) $ 15,420 $ (31,684 ) $ (16,414 ) $ (496,772 )
 

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
Fifty-Two Weeks Ended December 26, 2010

 
(In thousands)
Subsidiary Subsidiary Eliminations/
Parent Guarantor Non-Guarantors Adjustments Consolidation
Net sales $ 5,623,958 $ 470,649 $ 1,173,766 $ (386,744 ) $ 6,881,629
Costs and expenses:
Cost of sales 5,183,274 449,358 1,170,430 (386,744 ) 6,416,318
Operational restructuring charges, net 4,318 — — — 4,318
Gross profit (loss) 436,366 21,291 3,336 — 460,993
Selling, general and administrative expense 176,589 (279 ) 33,234 — 209,544
Administrative restructuring charges, net 59,136 — 6,886 — 66,022
Total costs and expenses 5,423,317 449,079 1,210,550 (386,744 ) 6,696,202
Operating income (loss) 200,641 21,570 (36,784 ) — 185,427
Other expenses (income):
Interest expense 103,735 — 1,818 — 105,553
Interest income (580 ) — (3,225 ) — (3,805 )
Loss on early extinguishment of debt 11,726 — — — 11,726
Foreign currency transaction losses (gains) 314 — (102 ) — 212
Miscellaneous, net 91,576 4,241 (110,261 ) 1,156 (13,288 )
Total other expenses 206,771 4,241 (111,770 ) 1,156 100,398
Income (loss) from continuing operations before
reorganization (6,130 ) 17,329 74,986 (1,156 ) 85,029
Reorganization items, net 18,348 — 193 — 18,541
Income (loss) from continuing operations before
income taxes (24,478 ) 17,329 74,793 (1,156 ) 66,488
Income tax expense (benefit) (15,266 ) 6,542 (15,114 ) — (23,838 )
Income (loss) before equity in earnings of
consolidated subsidiaries (9,212 ) 10,787 89,907 (1,156 ) 90,326
Equity in earnings of consolidated subsidiaries 65,544 — — (65,544 ) —
Net income (loss) 56,332 10,787 89,907 (66,700 ) 90,326
Less: Net income attributable to noncontrolling
interest — — 3,185 — 3,185
Net income (loss) attributable to Pilgrim’s Pride $ 56,332 $ 10,787 $ 86,722 $ (66,700 ) $ 87,141
Schedule Of Comprehensive Income (Loss) [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Fifty-Three Weeks Ended December 30, 2012

 

(In thousands)

 
Subsidiary Subsidiary Eliminations/
Parent Guarantor Non-Guarantors Adjustments Consolidation
Net income (loss) $ 176,712 $ 15,819 $ 83,567 $ (102,056 ) $ 174,042
Other comprehensive income (loss):
Unrealized holding losses on available-
for-sale securities, net of tax — — (12 ) — (12 )
Losses associated with pension and
other postretirement benefits, net of tax (22,429 ) — — — (22,429 )
Total other comprehensive loss, net of tax (22,429 ) — (12 ) — (22,441 )
Comprehensive income (loss) 154,283 15,819 83,555 (102,056 ) 151,601
Less: Comprehensive income attributable to
noncontrolling interests — — (192 ) — (192 )
Comprehensive income (loss) attributable to
Pilgrim’s Pride Corporation $ 154,283 $ 15,819 $ 83,747 $ (102,056 ) $ 151,793
 

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Fifty-Two Weeks Ended December 25, 2011

 

(In thousands)

 
Subsidiary Subsidiary Eliminations/
Parent Guarantor Non-Guarantors Adjustments Consolidation
Net income (loss) $ (464,094 ) $ 15,420 $ (30,602 ) $ (16,414 ) $ (495,690 )
Other comprehensive income (loss):
Unrealized holding gains on available-
for-sale securities, net of tax — — (1,160 ) — (1,160 )
Losses associated with pension and
other postretirement benefits, net of tax (21,273 ) — — — (21,273 )
Total other comprehensive income (loss),
net of tax (21,273 ) — (1,160 ) — (22,433 )
Comprehensive income (loss) (485,367 ) 15,420 (31,762 ) (16,414 ) (518,123 )
Less: Comprehensive income attributable to
noncontrolling interests — — 1,082 — 1,082
Comprehensive income (loss) attributable to
Pilgrim’s Pride Corporation $ (485,367 ) $ 15,420 $ (32,844 ) $ (16,414 ) $ (519,205 )
 

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Fifty-Two Weeks Ended December 26, 2010

 

(In thousands)

 
Subsidiary Subsidiary Eliminations/
Parent Guarantor Non-Guarantors Adjustments Consolidation
Net income (loss) $ 56,332 $ 10,787 $ 89,907 $ (66,700 ) $ 90,326
Other comprehensive income (loss):
Unrealized holding losses on available-
for-sale securities, net of tax — — (226 ) — (226 )
Recognition in earnings of a previously
unrecognized gain on a derivative
instrument designated as a cash flow
hedge, net of tax (2,565 ) — — — (2,565 )
Gains associated with pension and
other postretirement benefits, net of tax 6,420 — — — 6,420
Total other comprehensive income (loss),
net of tax 3,855 — (226 ) — 3,629
Comprehensive income (loss) 60,187 10,787 89,681 (66,700 ) 93,955
Less: Comprehensive income attributable to
noncontrolling interests — — 3,185 — 3,185
Comprehensive income (loss) attributable to
Pilgrim’s Pride Corporation $ 60,187 $ 10,787 $ 86,496 $ (66,700 ) $ 90,770
 
New layer...
Schedule of Condensed Cash Flow Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
Fifty-Three Weeks Ended December 30, 2012

(In thousands)
            Subsidiary       Subsidiary       Eliminations/      
Parent Guarantor Non-Guarantors Adjustments Consolidation
Cash provided by (used in) operating activities $        174,046 $        2,178 $                  23,653 $               (253 ) $        199,624
  
Cash flows from investing activities:
              Acquisitions of property, plant and equipment (75,985 ) (2,208 ) (12,134 ) — (90,327 )
              Purchases of investment securities (73 ) — (89 ) — (162 )
              Proceeds from sale or maturity of investment
                     securities 57 — 631 — 688
              Proceeds from business dispositions to Swift  
                     Pork Company — — — — —
              Proceeds from business dispositions to JBS
                     Trading International, Inc. — — — — —
              Proceeds from property sales and disposals 26,911 — 2,489 — 29,400
                     Cash used in investing activities (49,090 ) (2,208 ) (9,103 ) — (60,401 )
  
Cash flows from financing activities:  
              Payments on notes payable to JBS USA (50,000 ) — — — (50,000 )
              Proceeds from long-term debt   851,400 — — — 851,400
              Payments on long-term debt (1,110,711 ) —   — — (1,110,711 )
              Proceeds from sale of common stock   198,282 —   — —   198,282
              Other financing activities — —   (253 ) 253   —
                     Cash provided by (used in) financing    
                            activities (111,029 )   — (253 ) 253   (111,029 )
Effect of exchange rate changes on cash and cash
       equivalents — — (1,623 ) — (1,623 )
Increase (decrease) in cash and cash equivalents 13,927 (30 ) 12,674 — 26,571
Cash and cash equivalents, beginning of period 13,733 30 27,846 — 41,609
Cash and cash equivalents, end of period $ 27,660 $ — $ 40,520 $ — $ 68,180

 

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
Fifty-Two Weeks Ended December 25, 2011

(In thousands)
Subsidiary Subsidiary Eliminations/
      Parent       Guarantor       Non-Guarantors       Adjustments       Consolidation
Cash provided by (used in) operating activities $        (91,621 ) $        8,973 $                (19,385 ) $        (26,958 ) $        (128,991 )
 
Cash flows from investing activities:
              Acquisitions of property, plant and equipment (115,791 ) (9,108 ) (11,069 ) — (135,968 )
              Purchases of investment securities — — (4,596 ) — (4,596 )
              Proceeds from sale or maturity of investment
                     securities — — 15,852 — 15,852
              Proceeds from business dispositions to Swift
                     Pork Company — — 13,000 — 13,000
              Proceeds from business dispositions to JBS    
                     Trading International, Inc. — — 24,479 — 24,479
              Proceeds from property sales and disposals 26,503 165 2,376 — 29,044
                     Cash provided by (used in) investing
                            activities (89,288 ) (8,943 ) 40,042 — (58,189 )
 
Cash flows from financing activities:
              Proceeds from note payable to JBS USA 50,000 — — — 50,000
              Proceeds from long-term debt 965,689 — — — 965,689
              Payments on long-term debt (881,833 ) — — — (881,833 )
              Purchase of remaining interest in subsidiary (2,504 ) — — — (2,504 )
              Payment of capitalized loan costs (4,395 ) — — — (4,395 )
              Cash dividends paid — — (25,000 ) 25,000 —
              Other financing activities     — — (2,065 )   1,958 (107 )
                     Cash provided by (used in) financing    
                            activities 126,957 —   (27,065 ) 26,958     126,850
Effect of exchange rate changes on cash and cash        
       equivalents — — (4,138 )   — (4,138 )
Increase (decrease) in cash and cash equivalents (53,952 )   30 (10,546 ) —   (64,468 )
Cash and cash equivalents, beginning of period 67,685 — 38,392 — 106,077
Cash and cash equivalents, end of period $ 13,733 $ 30 $ 27,846 $ — $ 41,609

 

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
Fifty-Two Weeks Ended December 26, 2010

(In thousands)
            Subsidiary       Subsidiary       Eliminations/      
Parent Guarantor Non-Guarantors Adjustments Consolidation
Cash provided by (used in) operating activities $       22,412 $       3,496 $                 (10,147 ) $            (1,156 ) $       14,605
 
Cash flows from investing activities:
              Acquisitions of property, plant and equipment (162,264 ) (3,273 ) (13,795 ) — (179,332 )
              Purchases of investment securities — — (17,201 ) — (17,201 )
              Proceeds from sale or maturity of investment
                     securities — — 68,100 — 68,100
              Proceeds from property sales and disposals 9,640 (223 ) 5,281 — 14,698
                            Cash provided by (used in) investing
                                   activities (152,624 ) (3,496 ) 42,385 — (113,735 )
 
Cash flows from financing activities:
              Proceeds from long-term debt 2,438,855 — — — 2,438,855
              Payments on long-term debt (3,153,848 ) — (43,551 ) — (3,197,399 )
              Proceeds from sale of common stock 800,000 — — — 800,000
              Purchase of remaining interest in subsidiary (7,637 ) — — — (7,637 )
              Payment of capitalized loan costs   (62,788 ) — — — (62,788 )
              Other financing activities — —   (1,667 )   1,156 (511 )
                            Cash provided by (used in) financing    
                                   activities 14,582     — (45,218 ) 1,156 (29,480 )
Effect of exchange rate changes on cash and cash          
       equivalents —   — (1,613 ) — (1,613 )
Decrease in cash and cash equivalents (115,630 ) — (14,593 )   — (130,223 )
Cash and cash equivalents, beginning of period 183,315 —     52,985 — 236,300
Cash and cash equivalents, end of period $ 67,685 $ — $ 38,392 $ — $ 106,077