Guarantor and Non-Guarantor Financial Information (Tables)

3 Months Ended

Jul. 31, 2012

Guarantor and Non-Guarantor Financial Information [Abstract]

CONDENSED STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME

CONDENSED STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME

	Three Months Ended July 31, 2012
	The J.M. Smucker Company (Parent)			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	1,000,194		$	318,136		$	1,309,239		$	(1,257,866	)	$	1,369,703
Cost of products sold		890,654			290,753			973,657			(1,255,134	)		899,930
Gross Profit		109,540			27,383			335,582			(2,732	)		469,773
Selling, distribution, and administrative expenses, restructuring, merger and integration, and other special project costs		56,850			11,910			187,304			0			256,064
Amortization		2,934			0			21,257			0			24,191
Other operating (income) expense - net		(670	)		(539	)		202			0			(1,007	)
Operating Income		50,426			16,012			126,819			(2,732	)		190,525
Interest (expense) income - net		(23,819	)		298			(83	)		0			(23,604	)
Other income (expense) - net		4,422			505			(4,583	)		0			344
Equity in net earnings of subsidiaries		89,336			33,183			16,514			(139,033	)		0
Income Before Income Taxes		120,365			49,998			138,667			(141,765	)		167,265
Income taxes		9,502			101			46,799			0			56,402
Net Income	$	110,863		$	49,897		$	91,868		$	(141,765	)	$	110,863
Other comprehensive (loss) income, net of tax		(395	)		2,341			(2,522	)		181			(395	)
Comprehensive Income	$	110,468		$	52,238		$	89,346		$	(141,584	)	$	110,468

CONDENSED STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME

	Three Months Ended July 31, 2011
	The J.M. Smucker Company (Parent)			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	917,109		$	347,488		$	753,389		$	(829,103	)	$	1,188,883
Cost of products sold		780,585			318,295			484,957			(826,038	)		757,799
Gross Profit		136,524			29,193			268,432			(3,065	)		431,084
Selling, distribution, and administrative expenses, restructuring, and merger and integration costs		59,315			12,202			159,617			0			231,134
Amortization		1,297			0			18,938			0			20,235
Other operating expense (income) - net		67			(498	)		(557	)		0			(988	)
Operating Income		75,845			17,489			90,434			(3,065	)		180,703
Interest (expense) income - net		(15,374	)		975			(721	)		0			(15,120	)
Other income - net		791			117			335			0			1,243
Equity in net earnings of subsidiaries		69,586			46,319			17,608			(133,513	)		0
Income Before Income Taxes		130,848			64,900			107,656			(136,578	)		166,826
Income taxes		19,325			323			35,655			0			55,303
Net Income	$	111,523		$	64,577		$	72,001		$	(136,578	)	$	111,523
Other comprehensive (loss) income, net of tax		(11,167	)		(7,591	)		(11,003	)		18,594			(11,167	)
Comprehensive Income	$	100,356		$	56,986		$	60,998		$	(117,984	)	$	100,356

CONDENSED CONSOLIDATED BALANCE SHEETS

CONDENSED CONSOLIDATED BALANCE SHEETS

	July 31, 2012
	The J.M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	195,817	$	0	$	115,657	$	0		$	311,474
Inventories		0		154,103		882,831		(17,595	)		1,019,339
Other current assets		384,865		12,068		72,582		0			469,515
Total Current Assets		580,682		166,171		1,071,070		(17,595	)		1,800,328
PROPERTY, PLANT, AND EQUIPMENT		226,619		400,411		474,006		0			1,101,036
INVESTMENTS IN SUBSIDIARIES AND INTERCOMPANY		5,646,246		4,123,437		580,143		(10,349,826	)		0
OTHER NONCURRENT ASSETS
Goodwill		981,606		0		2,071,640		0			3,053,246
Other intangible assets - net		433,538		0		2,728,487		0			3,162,025
Other noncurrent assets		69,595		13,529		62,351		0			145,475
Total Other Noncurrent Assets		1,484,739		13,529		4,862,478		0			6,360,746
	$	7,938,286	$	4,703,548	$	6,987,697	$	(10,367,421	)	$	9,262,110
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES	$	376,036	$	94,826	$	239,607	$	0		$	710,469
NONCURRENT LIABILITIES
Long-term debt		2,019,875		0		0		0			2,019,875
Deferred income taxes		105,729		0		889,662		0			995,391
Other noncurrent liabilities		213,193		20,002		79,727		0			312,922
Total Noncurrent Liabilities		2,338,797		20,002		969,389		0			3,328,188
SHAREHOLDERS’ EQUITY		5,223,453		4,588,720		5,778,701		(10,367,421	)		5,223,453
	$	7,938,286	$	4,703,548	$	6,987,697	$	(10,367,421	)	$	9,262,110

CONDENSED CONSOLIDATED BALANCE SHEETS

	April 30, 2012
	The J.M. Smucker Company (Parent)		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	108,281	$	0	$	121,427	$	0		$	229,708
Inventories		0		161,411		815,030		(14,865	)		961,576
Other current assets		334,220		3,499		114,462		0			452,181
Total Current Assets		442,501		164,910		1,050,919		(14,865	)		1,643,465
PROPERTY, PLANT, AND EQUIPMENT		220,354		389,163		486,572		0			1,096,089
INVESTMENTS IN SUBSIDIARIES AND INTERCOMPANY		5,684,496		4,241,145		702,550		(10,628,191	)		0
OTHER NONCURRENT ASSETS
Goodwill		981,606		0		2,073,012		0			3,054,618
Other intangible assets - net		435,713		0		2,751,294		0			3,187,007
Other noncurrent assets		59,992		11,137		62,918		0			134,047
Total Other Noncurrent Assets		1,477,311		11,137		4,887,224		0			6,375,672
	$	7,824,662		4,806,355	$	7,127,265	$	(10,643,056	)	$	9,115,226
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES	$	323,608	$	101,714	$	191,650	$	0		$	616,972
NONCURRENT LIABILITIES
Long-term debt		2,020,543		0		0		0			2,020,543
Deferred income taxes		104,822		311		887,559		0			992,692
Other noncurrent liabilities		212,303		20,031		89,299		0			321,633
Total Noncurrent Liabilities		2,337,668		20,342		976,858		0			3,334,868
SHAREHOLDERS’ EQUITY		5,163,386		4,684,299		5,958,757		(10,643,056	)		5,163,386
	$	7,824,662	$	4,806,355	$	7,127,265	$	(10,643,056	)	$	9,115,226

CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS

CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS

	Three Months Ended July 31, 2012
	The J.M. Smucker Company (Parent)			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net Cash Provided by Operating Activities	$	32,018		$	16,971		$	127,730		$	0	$	176,719
INVESTING ACTIVITIES
Additions to property, plant, and equipment		(8,008	)		(23,227	)		(15,047	)		0		(46,282	)
Proceeds from disposal of property, plant, and equipment		0			34			222			0		256
Other - net		(9,452	)		3,102			24,063			0		17,713
Net Cash (Used for) Provided by Investing Activities		(17,460	)		(20,091	)		9,238			0		(28,313	)
FINANCING ACTIVITIES
Quarterly dividends paid		(52,845	)		0			0			0		(52,845	)
Purchase of treasury shares		(4,240	)		0			0			0		(4,240	)
Proceeds from stock option exercises		185			0			0			0		185
Intercompany		127,586			3,120			(130,706	)		0		0
Other - net		2,292			0			(10,000	)		0		(7,708	)
Net cash Provided by (Used for) Financing Activities		72,978			3,120			(140,706	)		0		(64,608	)
Effect of exchange rate changes on cash		0			0			(2,032	)		0		(2,032	)
Net increase (decrease) in cash and cash equivalents		87,536			0			(5,770	)		0		81,766
Cash and cash equivalents at beginning of period		108,281			0			121,427			0		229,708
Cash and Cash Equivalents at End of Period	$	195,817		$	0		$	115,657		$	0	$	311,474

CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS

	Three Months Ended July 31, 2011
	The J.M. Smucker Company (Parent)			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net Cash Provided by (Used for) Operating Activities	$	83,115		$	5,393		$	(146,746	)	$	0	$	(58,238	)
INVESTING ACTIVITIES
Business acquired, net of cash acquired		0			0			(362,846	)		0		(362,846	)
Additions to property, plant, and equipment		(15,952	)		(32,150	)		(19,530	)		0		(67,632	)
Sales and maturities of marketable securities		18,600			0			0			0		18,600
Proceeds from disposal of property, plant, and equipment		9			9			112			0		130
Other - net		2			(1	)		(19	)		0		(18	)
Net Cash Provided by (Used for) Investing Activities		2,659			(32,142	)		(382,283	)		0		(411,766	)
FINANCING ACTIVITIES
Revolving credit agreement - net		306,700			0			0			0		306,700
Quarterly dividends paid		(50,159	)		0			0			0		(50,159	)
Purchase of treasury shares		(5,385	)		0			0			0		(5,385	)
Proceeds from stock option exercises		242			0			0			0		242
Intercompany		(546,476	)		26,749			519,727			0		0
Other - net		2,534			0			0			0		2,534
Net Cash (Used for) Provided by Financing Activities		(292,544	)		26,749			519,727			0		253,932
Effect of exchange rate changes		0			0			(1,298	)		0		(1,298	)
Net decrease in cash and cash equivalents		(206,770	)		0			(10,600	)		0		(217,370	)
Cash and cash equivalents at beginning of period		206,845			0			113,000			0		319,845
Cash and Cash Equivalents at End of Period	$	75		$	0		$	102,400		$	0	$	102,475