H. J. Heinz Company | Noncontrolling Interest | Total | |||||||||
(In thousands) | |||||||||||
April 28, 2013 | |||||||||||
Net income | $ | 1,012,903 | $ | 14,430 | $ | 1,027,333 | |||||
Other comprehensive income/loss, net of tax: | |||||||||||
Foreign currency translation adjustments | (213,259 | ) | (15,721 | ) | (228,980 | ) | |||||
Net pension and post-retirement benefit losses | (189,294 | ) | (8 | ) | (189,302 | ) | |||||
Reclassification of net pension and post-retirement benefit losses to net income | 54,833 | — | 54,833 | ||||||||
Net deferred losses on derivatives from periodic revaluations | (11,736 | ) | (7 | ) | (11,743 | ) | |||||
Net deferred losses on derivatives reclassified to earnings | 29,646 | (38 | ) | 29,608 | |||||||
Total comprehensive income/(loss) | $ | 683,093 | $ | (1,344 | ) | $ | 681,749 | ||||
April 29, 2012 | |||||||||||
Net income | $ | 923,159 | $ | 16,749 | $ | 939,908 | |||||
Other comprehensive income/loss, net of tax: | |||||||||||
Foreign currency translation adjustments | (359,771 | ) | (17,720 | ) | (377,491 | ) | |||||
Net pension and post-retirement benefit losses | (258,067 | ) | (12 | ) | (258,079 | ) | |||||
Reclassification of net pension and post-retirement benefit losses to net income | 56,813 | — | 56,813 | ||||||||
Net deferred gains/(losses) on derivatives from periodic revaluations | 30,405 | (28 | ) | 30,377 | |||||||
Net deferred (gains)/losses on derivatives reclassified to earnings | (14,088 | ) | 277 | (13,811 | ) | ||||||
Total comprehensive income/(loss) | $ | 378,451 | $ | (734 | ) | $ | 377,717 | ||||
April 27, 2011 | |||||||||||
Net income | $ | 989,510 | $ | 16,438 | $ | 1,005,948 | |||||
Other comprehensive income/loss, net of tax: | |||||||||||
Foreign currency translation adjustments | 563,060 | 4,816 | 567,876 | ||||||||
Net pension and post-retirement benefit gains/(losses) | 77,355 | (57 | ) | 77,298 | |||||||
Reclassification of net pension and post-retirement benefit losses to net income | 53,353 | — | 53,353 | ||||||||
Net deferred gains/(losses) on derivatives from periodic revaluations | 9,790 | (395 | ) | 9,395 | |||||||
Net deferred (gains)/losses on derivatives reclassified to earnings | (21,365 | ) | 571 | (20,794 | ) | ||||||
Total comprehensive income | $ | 1,671,703 | $ | 21,373 | $ | 1,693,076 | |||||
H. J. Heinz Company | Noncontrolling Interest | Total | |||||||||
(In thousands) | |||||||||||
April 28, 2013 | |||||||||||
Foreign currency translation adjustments | $ | (115 | ) | $ | — | $ | (115 | ) | |||
Net pension and post-retirement benefit losses | $ | (75,526 | ) | $ | — | $ | (75,526 | ) | |||
Reclassification of net pension and post-retirement benefit losses to net income | $ | 23,694 | $ | — | $ | 23,694 | |||||
Net change in fair value of cash flow hedges | $ | 17,712 | $ | 2 | $ | 17,714 | |||||
Net hedging gains/losses reclassified into earnings | $ | 25,954 | $ | (13 | ) | $ | 25,941 | ||||
April 29, 2012 | |||||||||||
Foreign currency translation adjustments | $ | 180 | $ | — | $ | 180 | |||||
Net pension and post-retirement benefit losses | $ | 112,665 | $ | 9 | $ | 112,674 | |||||
Reclassification of net pension and post-retirement benefit losses to net income | $ | 25,070 | $ | — | $ | 25,070 | |||||
Net change in fair value of cash flow hedges | $ | (17,770 | ) | $ | 9 | $ | (17,761 | ) | |||
Net hedging gains/losses reclassified into earnings | $ | (10,756 | ) | $ | 92 | $ | (10,664 | ) | |||
April 27, 2011 | |||||||||||
Foreign currency translation adjustments | $ | (1,158 | ) | $ | — | $ | (1,158 | ) | |||
Net pension and post-retirement benefit gains | $ | (25,670 | ) | $ | 14 | $ | (25,656 | ) | |||
Reclassification of net pension and post-retirement benefit losses to net income | $ | 25,276 | $ | — | $ | 25,276 | |||||
Net change in fair value of cash flow hedges | $ | (10,348 | ) | $ | 132 | $ | (10,216 | ) | |||
Net hedging gains/losses reclassified into earnings | $ | (15,149 | ) | $ | 191 | $ | (14,958 | ) | |||