XML 65 R52.htm IDEA: XBRL DOCUMENT v3.5.0.2
Guarantor and Non-Guarantor Financial Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Oct. 31, 2016
Oct. 31, 2015
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME        
Net sales $ 1,913.9 $ 2,077.7 $ 3,729.7 $ 4,029.7
Cost of products sold 1,171.0 1,290.4 2,264.1 2,513.7
Gross Profit 742.9 787.3 1,465.6 1,516.0
Selling, distribution, and administrative expenses and other special project costs 389.7 420.4 767.9 830.9
Amortization 51.8 53.0 103.5 106.0
Other operating (income) expense – net (1.9) 0.1 (2.9) (1.8)
Operating Income 303.3 313.8 597.1 580.9
Interest (expense) income - net (41.0) (42.6) (82.5) (87.0)
Other income (expense) – net 3.2 (1.6) 4.3 (1.5)
Equity in net earnings of subsidiaries 0.0 0.0 0.0 0.0
Income Before Income Taxes 265.5 269.6 518.9 492.4
Income taxes 88.2 93.6 171.6 180.0
Net Income 177.3 176.0 347.3 312.4
Other comprehensive (loss) income, net of tax (10.2) 2.1 (7.7) (19.0)
Comprehensive Income (Loss) 167.1 178.1 339.6 293.4
Eliminations [Member]        
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME        
Net sales (1,657.0) (1,407.3) (3,727.7) (2,748.3)
Cost of products sold (1,670.9) (1,408.8) (3,726.4) (2,749.4)
Gross Profit 13.9 1.5 (1.3) 1.1
Selling, distribution, and administrative expenses and other special project costs 0.0 0.0 0.0 0.0
Amortization 0.0 0.0 0.0 0.0
Other operating (income) expense – net 0.0 0.0 0.0 0.0
Operating Income 13.9 1.5 (1.3) 1.1
Interest (expense) income - net 0.0 0.0 0.0 0.0
Other income (expense) – net 0.0 0.0 0.0 0.0
Equity in net earnings of subsidiaries (227.5) (166.1) (417.6) (320.7)
Income Before Income Taxes (213.6) (164.6) (418.9) (319.6)
Income taxes 0.0 0.0 0.0 0.0
Net Income (213.6) (164.6) (418.9) (319.6)
Other comprehensive (loss) income, net of tax 9.8 0.7 23.0 22.7
Comprehensive Income (Loss) (203.8) (163.9) (395.9) (296.9)
The J.M. Smucker Company (Parent) [Member]        
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME        
Net sales 527.9 827.2 1,503.9 1,588.0
Cost of products sold 380.8 629.8 1,187.4 1,239.7
Gross Profit 147.1 197.4 316.5 348.3
Selling, distribution, and administrative expenses and other special project costs 86.5 62.7 171.4 124.9
Amortization 2.6 1.0 5.1 2.1
Other operating (income) expense – net 0.1 0.0 0.3 (0.1)
Operating Income 57.9 133.7 139.7 221.4
Interest (expense) income - net (41.3) (42.8) (83.0) (87.4)
Other income (expense) – net (1.0) 0.6 1.1 3.5
Equity in net earnings of subsidiaries 171.5 116.8 306.0 223.2
Income Before Income Taxes 187.1 208.3 363.8 360.7
Income taxes 9.8 32.3 16.5 48.3
Net Income 177.3 176.0 347.3 312.4
Other comprehensive (loss) income, net of tax (10.2) 2.1 (7.7) (19.0)
Comprehensive Income (Loss) 167.1 178.1 339.6 293.4
Subsidiary Guarantors [Member]        
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME        
Net sales 328.7 341.7 639.3 639.9
Cost of products sold 302.7 314.3 582.6 586.5
Gross Profit 26.0 27.4 56.7 53.4
Selling, distribution, and administrative expenses and other special project costs 10.8 10.2 20.9 20.8
Amortization 0.0 0.0 0.0 0.0
Other operating (income) expense – net (0.3) 0.0 (0.3) 0.4
Operating Income 15.5 17.2 36.1 32.2
Interest (expense) income - net 0.3 0.3 0.6 0.6
Other income (expense) – net 2.6 0.1 2.7 0.1
Equity in net earnings of subsidiaries 37.9 32.0 72.8 65.2
Income Before Income Taxes 56.3 49.6 112.2 98.1
Income taxes 0.1 0.1 0.2 0.2
Net Income 56.2 49.5 112.0 97.9
Other comprehensive (loss) income, net of tax 0.3 0.2 0.6 0.5
Comprehensive Income (Loss) 56.5 49.7 112.6 98.4
Non-Guarantor Subsidiaries [Member]        
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME        
Net sales 2,714.3 2,316.1 5,314.2 4,550.1
Cost of products sold 2,158.4 1,755.1 4,220.5 3,436.9
Gross Profit 555.9 561.0 1,093.7 1,113.2
Selling, distribution, and administrative expenses and other special project costs 292.4 347.5 575.6 685.2
Amortization 49.2 52.0 98.4 103.9
Other operating (income) expense – net (1.7) 0.1 (2.9) (2.1)
Operating Income 216.0 161.4 422.6 326.2
Interest (expense) income - net 0.0 (0.1) (0.1) (0.2)
Other income (expense) – net 1.6 (2.3) 0.5 (5.1)
Equity in net earnings of subsidiaries 18.1 17.3 38.8 32.3
Income Before Income Taxes 235.7 176.3 461.8 353.2
Income taxes 78.3 61.2 154.9 131.5
Net Income 157.4 115.1 306.9 221.7
Other comprehensive (loss) income, net of tax (10.1) (0.9) (23.6) (23.2)
Comprehensive Income (Loss) $ 147.3 $ 114.2 $ 283.3 $ 198.5