|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Dec. 29, 2013
Successor [Member]
|
Apr. 28, 2013
Predecessor [Member]
|
Apr. 29, 2012
Predecessor [Member]
|
| Current Assets: |
|
|
|
| Cash and cash equivalents |
$ 2,458,992 |
$ 2,476,699 |
$ 1,330,441 |
| Trade receivables (net of allowances: $684, $7,957 and $10,680) |
1,099,655 |
872,864 |
815,600 |
| Other receivables (net of allowances: $98, $360 and $607) |
244,528 |
200,988 |
177,910 |
| Inventories: |
|
|
|
| Finished goods and work-in-process |
1,138,373 |
1,076,779 |
1,082,317 |
| Packaging material and ingredients |
297,023 |
255,918 |
247,034 |
| Total inventories |
1,435,396 |
1,332,697 |
1,329,351 |
| Prepaid expenses |
145,096 |
160,658 |
174,795 |
| Other current assets |
60,458 |
91,656 |
54,139 |
| Total current assets |
5,444,125 |
5,135,562 |
3,882,236 |
| Property, plant and equipment: |
|
|
|
| Land |
225,577 |
78,800 |
81,185 |
| Buildings and leasehold improvements |
617,413 |
996,719 |
1,009,379 |
| Equipment, furniture and other |
1,986,501 |
4,283,570 |
4,175,997 |
| Property, plant and equipment |
2,829,491 |
5,359,089 |
5,266,561 |
| Less accumulated depreciation |
165,999 |
2,900,288 |
2,782,423 |
| Total property, plant and equipment, net |
2,663,492 |
2,458,801 |
2,484,138 |
| Other non-current assets: |
|
|
|
| Goodwill |
15,070,062 |
3,079,250 |
3,185,527 |
| Trademarks, net |
12,130,873 |
1,037,283 |
1,090,892 |
| Other intangibles, net |
2,358,781 |
378,187 |
407,802 |
| Other non-current assets |
1,305,015 |
849,924 |
932,698 |
| Total other non-current assets |
30,864,731 |
5,344,644 |
5,616,919 |
| Total assets |
38,972,348 |
12,939,007 |
11,983,293 |
| Current Liabilities: |
|
|
|
| Short-term debt |
143,689 |
1,137,181 |
46,460 |
| Portion of long-term debt due within one year |
107,765 |
1,023,212 |
200,248 |
| Trade payables |
1,192,074 |
1,310,009 |
1,202,398 |
| Other payables |
148,193 |
182,828 |
146,414 |
| Accrued interest |
172,340 |
60,432 |
60,884 |
| Accrued marketing |
370,329 |
313,930 |
303,132 |
| Other accrued liabilities |
588,281 |
645,050 |
586,885 |
| Income taxes |
202,188 |
114,230 |
101,540 |
| Total current liabilities |
2,924,859 |
4,786,872 |
2,647,961 |
| Long-term debt and other non-current liabilities: |
|
|
|
| Long-term debt |
14,617,646 |
3,848,339 |
4,779,981 |
| Deferred income taxes |
4,160,903 |
678,565 |
817,928 |
| Non-pension post-retirement benefits |
196,372 |
240,319 |
231,452 |
| Other non-current liabilities |
529,425 |
506,562 |
581,390 |
| Total long-term debt and other non-current liabilities |
19,504,346 |
5,273,785 |
6,410,751 |
| Commitments and contingent liabilities (See Note 18) |
|
|
|
| Redeemable noncontrolling interest |
29,885 |
29,529 |
113,759 |
| Capital Stock: |
|
|
|
| Third cumulative preferred, $1.70 first series, $10 par value |
0 |
0 |
61 |
| Common stock, 100 shares issued, no par value |
16,140,000 |
107,774 |
107,774 |
| Capital stock |
16,140,000 |
107,774 |
107,835 |
| Additional capital |
1,427 |
608,504 |
594,608 |
| (Accumulated deficit)/retained earnings |
(77,021) |
7,907,033 |
7,567,278 |
| Sum of capital stock, additional capital and retained earnings |
16,297,416 |
7,448,773 |
7,424,993 |
| Less: |
|
|
|
| Treasury shares, at cost (109,831 shares at April 28, 2013 and 110,870 shares at April 29, 2012) |
0 |
4,647,242 |
4,666,404 |
| Accumulated other comprehensive loss |
(233,010) |
1,174,538 |
844,728 |
| Total H.J. Heinz Company shareholders’ equity |
16,297,416 |
2,801,531 |
2,758,589 |
| Noncontrolling interest |
215,842 |
47,290 |
52,233 |
| Total equity |
16,513,258 |
2,848,821 |
2,810,822 |
| Total liabilities and equity |
$ 38,972,348 |
$ 12,939,007 |
$ 11,983,293 |