$ (281,823)

$ 37,404

$ 18,965

$ (3,140)

$ 37,255

$ 28,441

$ 31,362

$ 17,852

$ (228,594)

$ 114,910

$ 89,880

Foreign currency translation adjustments

11,123

(49,186)

(26,637)

Pension and postretirement reclassification adjustment

^[4]

1,070

49

(5,931)

12,193

(49,137)

(32,568)

Summary of Significant Accounting Policies

$ (216,401)

$ 65,773

$ 57,312

[1]	As described in Note 8, the Company recorded goodwill and other intangible asset impairment losses of $352.2 million in the fourth quarter of 2016, which are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations.
[2]	As described in Note 2, the Company elected to early adopt ASU 2016-09 during the fourth quarter of 2016, resulting in the recognition of $4.3 million in excess tax benefits related to share-based payments, which are included in the Income taxes line of the Consolidated Statements of Operations. The quarterly results for the first three quarters of 2016 have been recast to reflect the adoption of the ASU as of January 1, 2016, resulting in income tax benefits of $0.2 million, $3.3 million, and $0.2 million in the first, second, and third quarters of 2016, respectively. The effect of the adoption was an increase in net (loss) income by the amounts indicated for each quarter. The effect on basic net (loss) income per common share was $0.06 and $0.01 for the second and third quarters of 2016, respectively. The effect on diluted net (loss) income per common share was $0.06 for the second quarter of 2016. The adoption had no basic or diluted net (loss) income per common share impact in the first quarter of 2016, and no diluted net (loss) income per common share impact in the third quarter of 2016.
[3]	The Company acquired the Private Brands Business on February 1, 2016.
[4]	Net of tax of $656, $30, and $(3,683) for the years ended December 31, 2016, 2015, and 2014, respectively.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Pension and postretirement reclassification adjustment, tax	$ 656	$ 30	$ (3,683)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Balance at Dec. 31, 2013	$ 1,273,118	$ 365	$ 748,577	$ 555,939	$ (31,763)
Balance (in shares) at Dec. 31, 2013		36,493
Net (loss) income	89,880			89,880
Other comprehensive income (loss)	(32,568)				(32,568)
Comprehensive (loss) income	57,312
Shares issued	358,800	$ 50	358,750
Shares issued, shares		4,950
Equity awards exercised	44,948	$ 12	44,936
Equity awards exercised, shares		1,220
Stock-based compensation	25,079		25,079
Balance at Dec. 31, 2014	1,759,257	$ 427	1,177,342	645,819	(64,331)
Balance (in shares) at Dec. 31, 2014		42,663
Net (loss) income	114,910			114,910
Other comprehensive income (loss)	(49,137)				(49,137)
Comprehensive (loss) income	65,773
Equity awards exercised	6,952	$ 4	6,948
Equity awards exercised, shares		463
Stock-based compensation	22,877		22,877
Balance at Dec. 31, 2015	1,854,859	$ 431	1,207,167	760,729	(113,468)
Balance (in shares) at Dec. 31, 2015		43,126
Net (loss) income	(228,594)			(228,594)
Other comprehensive income (loss)	12,193				12,193
Comprehensive (loss) income	(216,401)
Shares issued	835,131	$ 133	834,998
Shares issued, shares		13,269
Equity awards exercised	(125)	$ 3	(128)
Equity awards exercised, shares		365
Stock-based compensation	29,860		29,860
Balance at Dec. 31, 2016	$ 2,503,324	$ 567	$ 2,071,897	$ 532,135	$ (101,275)
Balance (in shares) at Dec. 31, 2016		56,760

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net (loss) income	$ (228,594)	$ 114,910	$ 89,880
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation	178,366	61,469	63,281
Amortization	109,872	60,598	52,634
Impairment of goodwill and other intangible assets	352,243
Stock-based compensation	29,860	22,877	25,067
Loss on extinguishment of debt			22,019
Mark-to-market (gain) loss on derivative contracts	(14,087)	(622)	3,051
Loss on disposition of assets	2,612	664	5,323
Deferred income taxes	(12,453)	(6,006)	8,101
(Gain) loss on foreign currency exchange	(5,645)	26,052	13,389
Write-down of tangible assets	1,096	3,020
Other	(3,800)	(1,543)	3,822
Changes in operating assets and liabilities, net of acquisitions:
Receivables	(59,702)	21,531	(18,563)
Inventories	54,320	17	(27,187)
Prepaid expenses and other assets	(11,622)	20,948	(5,910)
Accounts payable, accrued expenses, and other liabilities	86,147	(33,268)	(5,357)
Net cash provided by operating activities	478,613	290,647	229,550
Cash flows from investing activities:
Additions to property, plant, and equipment	(175,231)	(72,734)	(88,575)
Additions to intangible assets	(11,844)	(13,362)	(10,643)
Acquisitions, less cash acquired	(2,644,364)		(993,009)
Proceeds from sale of fixed assets	1,721	606	2,842
Increase in restricted cash	(605)
Other	(1,063)	(831)	(521)
Net cash (used in) provided by investing activities	(2,831,386)	(86,321)	(1,089,906)
Cash flows from financing activities:
Borrowings under Revolving Credit Facility	241,300	152,200	938,400
Payments under Revolving Credit Facility	(424,300)	(353,200)	(919,400)
Proceeds from issuance of Term Loans	1,025,000		500,000
Payments on Term Loans	(36,719)	(10,500)	(4,000)
Proceeds from issuance of 2024 Notes and 2022 Notes	775,000		400,000
Payments on 2018 Notes			(400,000)
Payments on capitalized lease obligations and other debt	(3,304)	(3,762)	(3,195)
Payment of deferred financing costs	(34,328)	(242)	(13,712)
Payment of debt premium for extinguishment of debt			(16,693)
Net proceeds from issuance of common stock	835,131		358,364
Receipts related to stock-based award activities	8,758	8,532	32,608
Payments related to stock-based award activities	(8,806)	(6,698)	(4,776)
Other		(215)
Net cash provided by (used in) by financing activities	2,377,732	(213,885)	867,596
Effect of exchange rate changes on cash and cash equivalents	2,233	(7,503)	(1,734)
Net increase (decrease) in cash and cash equivalents	27,192	(17,062)	5,506
Cash and cash equivalents, beginning of year	34,919	51,981	46,475
Cash and cash equivalents, end of year	$ 62,111	$ 34,919	$ 51,981

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2016

1.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation — The Consolidated Financial Statements include the accounts of TreeHouse Foods, Inc. and its 100% owned direct and indirect subsidiaries (the “Company,” “TreeHouse,” “we,” “us,” or “our”). All intercompany balances and transactions are eliminated in consolidation. Certain prior year amounts in the Consolidated Statements of Cash Flows have been reclassified to conform to the current period presentation.

On February 1, 2016, the Company acquired all of the outstanding common stock of Ralcorp Holdings, Inc., the Missouri corporation through which the private brands business of ConAgra Foods, Inc. (“Private Brands Business”) was operated. Ralcorp Holdings, Inc. was renamed TreeHouse Private Brands, Inc. during the first quarter of 2016. The results of operations of the Private Brands Business are included in our financial statements from the date of acquisition and are included in the North American Retail Grocery, Food Away From Home, and Industrial and Export segments, as applicable. In 2016, as a result of the acquisition of the Private Brands Business, the Company renamed certain product categories and added new product categories. These changes did not require prior period adjustments. See Note 22 for more information.

The Private Brands Business was on a 4-4-5 fiscal calendar during the first three quarters of 2016, which resulted in differences between the fiscal quarter ends of the Private Brands Business and the Company. In the fourth quarter of 2016, the Company changed the fiscal year end of the Private Brands Business to December 31. This change in reporting period for the Private Brands Business represents a change in accounting principle that is preferable as it provides more timely and relevant financial information to the users of its financial statements and eliminates the previously existing difference in reporting periods. The Company determined that it is impracticable to retrospectively apply this change to the first three quarters of 2016 as the data to determine the cumulative effect of the change is not available and cannot be prepared. Therefore, the Company reported the change in accounting principle prospectively in net income for the three months ended December 31, 2016 and did not retrospectively apply the effects of this change in prior periods, the cumulative effect of which the Company believes would be immaterial in all periods.

Use of Estimates — The preparation of our Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to use judgment to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the Consolidated Financial Statements, and the reported amounts of net sales and expenses during the reporting period. Actual results could differ from these estimates.

Cash Equivalents — We consider temporary cash investments with an original maturity of three months or less to be cash equivalents. As of December 31, 2016 and 2015, $61.9 million and $24.4 million, respectively, represents cash and equivalents held in foreign jurisdictions, in local currencies, that are convertible into other currencies. The cash and equivalents held in foreign jurisdictions are expected to be used for general corporate purposes in foreign jurisdictions, including capital projects and acquisitions. The Prepaid expenses and other current assets line on the Consolidated Balance Sheets also includes restricted cash of $2.9 million as of December 31, 2016, which relates to cash held to meet certain insurance requirements.

Inventories — Inventories are stated at the lower of cost or market. Pickle inventories are valued using the LIFO method and a portion of our snack nuts inventories are valued using the weighted average costing approach, while all of our other inventories are valued using the FIFO method. The costs of finished goods inventories include raw materials, labor, and overhead costs.

Property, plant, and equipment — Property, plant, and equipment are stated at acquisition cost, plus capitalized interest on borrowings during the actual construction period of major capital projects. Depreciation and amortization are calculated using the straight-line method over the estimated useful lives of the assets as follows:


Asset		Useful Life
Buildings and improvements		12-40 years
Machinery and equipment		3-15 years
Office furniture and equipment		3-12 years

We perform impairment tests when circumstances indicate that the carrying value of an asset may not be recoverable. Capitalized leases are amortized over the shorter of their lease term or their estimated useful lives, and amortization expense is included in depreciation expense. Expenditures for repairs and maintenance, which do not improve or extend the life of the assets, are expensed as incurred.

Intangible and Other Assets — Identifiable intangible assets with finite lives are amortized over their estimated useful lives as follows:


Asset		Useful Life
Customer relationships		Straight-line method over 5 to 20 years
Trademarks		Straight-line method over 10 to 20 years
Non-competition agreements		Straight-line method over the terms of the agreements
Deferred financing costs associated with line-of-credit arrangements		Straight-line method over the terms of the arrangements
Formulas/recipes		Straight-line method over 5 to 7 years
Computer software		Straight-line method over 2 to 7 years

Indefinite lived trademarks are evaluated for impairment annually in the fourth quarter or more frequently, if events or changes in circumstances indicate that the asset might be impaired. Impairment is indicated when their book value exceeds fair value. If the fair value of an evaluated asset is less than its book value, the asset is written down to fair value, which is generally based on its discounted future cash flows.

Amortizable intangible assets are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If an evaluation of the undiscounted cash flows indicates impairment, the asset is written down to its estimated fair value, which is generally based on discounted future cash flows.

Goodwill is evaluated annually in the fourth quarter or more frequently, if events or changes in circumstances require an interim assessment. We assess goodwill for impairment (as of December 31) at the reporting unit level using income and market approaches, employing significant assumptions regarding growth, discount rates, and profitability at each reporting unit. Our estimates under the income approach are determined based on a discounted cash flow model. The market approach uses a market multiple methodology employing earnings before interest, taxes, depreciation, and amortization (“EBITDA”) and applies a range of multiples to those amounts in determining the indicated fair value. In determining the multiples used in this approach, we obtain the multiples for selected peer companies using the most recent publically available information. In determining the indicated fair value of each reporting unit, the Company concludes based on the income approach, and uses the market approach to corroborate, as the Company believes the income approach is the most reliable indicator of the fair value of the reporting units. The resulting value is then compared to the carrying value of each reporting unit. If the book value of the reporting unit exceeds the indicated fair value, goodwill is then considered under the second step of the impairment test. In the second step, goodwill impairment is measured as the difference between the implied value of goodwill and its carrying value. The implied value of goodwill is determined based on a hypothetical analysis that calculates the fair value of goodwill as if the related reporting unit were being acquired in a business combination.

Stock-Based Compensation — We measure compensation expense for our equity awards at their grant date fair value. The resulting expense is recognized over the relevant service period. See Note 14.

Revenue Recognition — Sales are recognized when persuasive evidence of an arrangement exists, the price is fixed or determinable, title and risk of loss transfer to the customer, and there is a reasonable assurance of collection of the sales proceeds. Product is shipped FOB shipping point or FOB destination, depending on our agreement with the customer. Sales are reduced by certain sales incentives, some of which are recorded by estimating expense based on our historical experience.

Accounts Receivable — We provide credit terms to customers generally ranging between 10 and 30 days, perform ongoing credit evaluations of our customers, and maintain allowances for potential credit losses based on historical experience. Customer balances are written off after all collection efforts are exhausted. Estimated product returns, which have not been material, are deducted from sales at the time of shipment.

Income Taxes — The provision for income taxes includes federal, foreign, state, and local income taxes currently payable, and those deferred because of temporary differences between the financial statement and tax bases of assets and liabilities. Deferred tax assets or liabilities are computed based on the difference between the financial statement and income tax bases of assets and liabilities using enacted tax rates. Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized. Deferred income tax expenses or credits are based on the changes in the asset or liability from period to period.

Foreign Currency Translation and Transactions — The functional currency of the Company’s foreign operations is the applicable local currency. The functional currency is translated into U.S. dollars for balance sheet accounts using currency exchange rates in effect as of the balance sheet date, and for revenue and expense accounts using a weighted-average exchange rate during the fiscal year. The translation adjustments are deferred as a separate component of Stockholders’ equity in Accumulated other comprehensive loss. Gains or losses resulting from transactions denominated in foreign currencies are included in Other expense, net in the Consolidated Statements of Operations.

Shipping and Handling Fees — Our shipping and handling costs are included in both cost of sales and selling and distribution expense, depending on the nature of such costs. Shipping and handling costs included in cost of sales reflect inventory warehouse costs, product loading and handling costs, and costs associated with transporting finished products from our manufacturing facilities to distribution warehouses. Shipping and handling costs included in selling and distribution expense consist primarily of the cost of shipping products to customers through third party carriers. Shipping and handling costs recorded as a component of selling and distribution expense were approximately $198.8 million, $87.2 million, and $80.0 million for the years ended December 31, 2016, 2015, and 2014, respectively.

Derivative Financial Instruments — From time to time, we utilize derivative financial instruments including interest rate and commodity swaps, foreign currency contracts, and forward purchase contracts to manage our exposure to interest rate, foreign currency, and commodity price risks. We do not hold or issue financial instruments for speculative or trading purposes. The Company accounts for its derivative instruments as either assets or liabilities and carries them at fair value. Derivatives that are not designated as hedges according to GAAP must be adjusted to fair value through earnings. For derivative instruments that are designated as cash flow hedges, the effective portion of the gain or loss is reported as Accumulated other comprehensive loss and reclassified into earnings in the same period when the hedged transaction affects earnings. The ineffective gain or loss is recognized in current earnings. Commodity forward contracts generally qualify for the normal purchases and normal sales scope exception under the guidance for derivative instruments and hedging activities, and therefore are not subject to its provisions. For further information about our derivative instruments, see Note 20.

Capital Lease Obligations — Capital lease obligations represent machinery and equipment financing obligations, which are generally payable in monthly installments of principal and interest, and are collateralized by the related assets financed.

Insurance Accruals — We retain selected levels of property and casualty risks, primarily related to employee health care, workers’ compensation claims, and other casualty losses. Many of these potential losses are covered under conventional insurance programs with third party carriers having high deductible limits. In other areas, we are self-insured with stop-loss coverage. Accrued liabilities for incurred but not reported losses related to these retained risks are calculated based upon loss development factors that consider a number of elements, including claims history and expected trends. We develop these accruals with external insurance brokers and actuaries.

Facility Closing and Reorganization Costs — We periodically record facility closing and reorganization charges when we have identified a facility for closure or other reorganization opportunity, developed a plan, and notified the affected employees. These charges are incurred as a component of operating (loss) income. See Note 3 for more information.

Research and Development Costs — We record research and development charges to expense as they are incurred and report them in the General and administrative expense line of our Consolidated Statements of Operations. Expenditures totaled $29.6 million, $14.3 million, and $12.8 million for the years ended December 31, 2016, 2015, and 2014, respectively.

Advertising Costs — Advertising costs are expensed as incurred and reported in the Selling and distribution expense line of our Consolidated Statements of Operations.

Recently Issued Accounting Pronouncements

12 Months Ended

Dec. 31, 2016

Recently Issued Accounting Pronouncements

2.	RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

Adopted

In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09, Improvements to Employee Share-Based Payment Accounting, which amends the accounting for certain aspects of share-based payments to employees. The Company elected to early adopt this ASU during the fourth quarter of 2016. Under this ASU, excess tax benefits and deficiencies are no longer recognized as additional paid-in capital in the Consolidated Balance Sheets. The ASU requires recognition of excess tax benefits and deficiencies in the Consolidated Statements of Operations, which resulted in the recognition of an income tax benefit of $4.3 million in 2016. As the Company adopted the ASU in the fourth quarter, the adjustments are required to be reflected as of the beginning of the fiscal year of adoption. See Note 23 for the impact of these income tax benefits on the first three quarters of 2016. Additionally, the ASU requires excess tax benefits to be reported as a component of operating activities in the Consolidated Statements of Cash Flows. Excess tax benefits of $5.3 million and $17.6 million were retrospectively reclassified from financing to operating activities in the Consolidated Statements of Cash Flows for the years ended December 31, 2015 and 2014, respectively. The Company did not elect to change its accounting policy to account for forfeitures as they occur and, as a result, the Company will continue to estimate forfeitures. The effects of the adoption of the other provisions of this ASU were immaterial.

In September 2015, the FASB issued ASU No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments, to simplify the accounting for adjustments made to provisional amounts. This ASU requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The ASU also requires acquirers to present separately on the face of the income statement, or disclose in the notes, the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. This ASU is effective on a prospective basis for fiscal periods beginning after December 15, 2015. The Company adopted the ASU for the fiscal 2016 reporting period. Adjustments to provisional amounts are disclosed in Note 4 on Acquisitions.

In August 2014, the FASB issued ASU No. 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, providing additional guidance surrounding the disclosure of going concern uncertainties in the financial statements and implementing requirements for management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. The ASU is effective on a prospective basis for fiscal years ending after December 15, 2016 and for interim periods thereafter. The Company adopted the ASU for the fiscal 2016 reporting period, which had no impact on its disclosures.

Not yet adopted

In January 2017, the FASB issued ASU No. 2017-04, Simplifying the Test for Goodwill Impairment, to eliminate the second step of the goodwill impairment test. This ASU requires an entity to measure a goodwill impairment loss as the amount by which the carrying value of a reporting unit exceeds its fair value. Additionally, an entity should include the income tax effects from any tax deductible goodwill on the carrying value of the reporting unit when measuring a goodwill impairment loss, if applicable. The ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The standard requires adoption on a prospective basis. The Company is currently assessing the impact that this standard will have upon adoption.

In November 2016, the FASB issued ASU No. 2016-18, Restricted Cash, to require that restricted cash and restricted cash equivalents be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period amounts on the statement of cash flows. The Company currently classifies changes in restricted cash as an investing activity in the Consolidated Statements of Cash Flows. The ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. Early adoption is permitted. The standard requires adoption on a retrospective basis. The Company is currently assessing the impact that this standard will have upon adoption, which is not expected to be significant.

In February 2016, the FASB issued ASU No. 2016-02, Leases, to increase transparency and comparability by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The main difference between existing GAAP and this ASU is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under existing GAAP. The ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. The standard requires that entities apply the effects of these changes using a modified retrospective approach, which includes a number of optional practical expedients. The Company is beginning to assess the impact that this standard will have upon adoption.

In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory, which requires entities to measure inventory at the lower of cost and net realizable value (“NRV”). This ASU will not apply to inventory valued under the last-in-first-out method. Under current guidance, an entity is required to measure inventory at the lower of cost or market, with market defined as replacement cost, NRV, or NRV less a normal profit margin. The three market measurements added complexity and reduced comparability in the valuation of inventory. FASB issued this ASU as part of its simplification initiative to address these issues. The ASU is effective on a prospective basis for fiscal years, and interim periods within those years, beginning after December 15, 2016. The impact of this standard upon adoption will not be significant.

In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which introduced a new framework to be used when recognizing revenue in an attempt to reduce complexity and increase comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets. The ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. The standard requires that entities apply the effects of these changes to all prior years presented, upon adoption, using either the full retrospective method, which presents the impact of the change separately in each prior year presented, or the modified retrospective method, which includes the cumulative changes to all prior years presented in beginning retained earnings in the year of initial adoption. The Company expects to use the modified retrospective method. The FASB also issued ASU No. 2016-10, Identifying Performance Obligations and Licensing, and ASU No. 2016-12, Narrow-Scope Improvements and Practical Expedients, in April 2016 and May 2016, respectively, which amend the guidance in ASU 2014-09 and have the same effective date as the original standard. The Company is in the initial stages of assessing the impact that these standards will have on its accounting policies, processes, and system requirements. Internal resources have been assigned to this assessment, and the Company has engaged a third-party to assist in the assessment and implementation. The Company is beginning to assess the impact that these standards will have on our financial position and results of operations.

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6507316

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=66092750

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Indirect Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6515603

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Accounting Change
-URI http://asc.fasb.org/extlink&oid=6503790

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Retrospective Application
-URI http://asc.fasb.org/extlink&oid=6523989

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305

Restructuring

12 Months Ended

Dec. 31, 2016

Restructuring

3.	RESTRUCTURING

Plant Closing Costs — The Company continually analyzes its plant network to align operations with the current and future needs of its customers. Facility closure decisions are made when the Company identifies opportunities to lower production costs or eliminate excess manufacturing capacity while maintaining a competitive cost structure, service levels, and product quality. Expenses associated with facility closures are primarily aggregated in the Other operating expense, net line of the Consolidated Statements of Operations, with the exception of asset-related costs, which are recorded in Cost of sales. The key information regarding the Company’s announced facility closures is outlined in the table below.

Facility Location

Date of

Closure

Announcement

End of

Production

Full

Facility

Closure

Primary

Products

Produced

Primary

Segment(s)

Affected

Total
Costs
to
Close

Total
Cash
Costs
to
Close

(In millions)

City of Industry, California

November 18, 2015

First quarter of 2016

Third quarter of 2016

Liquid non-dairy creamer and refrigerated salad dressings

Food Away From Home

$

6.9

$

3.8

Ayer, Massachusetts

April 5, 2016

First quarter of 2017

Third quarter of 2017

Spoonable dressings

North American Retail Grocery, Food Away From Home

$

8.2

$

5.5

Azusa, California

May 24, 2016

Second quarter of 2017

Bars and snack products

North American Retail Grocery

$

15.2

$

13.5

Ripon, Wisconsin

May 24, 2016

Fourth quarter of 2016

Sugar wafer cookies

North American Retail Grocery

$

2.3

$

1.2

Delta, British Columbia

November 3, 2016

Fourth quarter of 2017

First quarter of 2018

Frozen griddle products

North American Retail Grocery

$

5.2

$

3.7

Battle Creek, Michigan

November 3, 2016

(1)

Ready-to-eat cereal

North American Retail Grocery

$

10.4

$

2.8

(1)	The downsizing of this facility began in January 2017 and is expected to last approximately 15 months.

Total expected costs to close the City of Industry, California facility have been reduced by approximately $4.9 million since the initial announcement while total expected costs to close the Ayer, Massachusetts, Azusa, California, and Ripon, Wisconsin facilities have been increased by approximately $1.7 million, $0.3 million, and $0.2 million, respectively. Total costs to downsize the Battle Creek, Michigan facility have increased by approximately $0.9 million since the initial announcement.

Below is a summary of the plant closing costs:


	Year Ended December 31, 2016		Cumulative Costs To Date		Total Expected Costs
	(In thousands)
Asset-related	$	7,188	$	10,208	$	17,685
Employee-related		6,164		7,326		13,264
Other closure costs		4,437		4,466		17,200

Total	$	17,789	$	22,000	$	48,149

Liabilities recorded as of December 31, 2016 associated with these plant closings relate to severance and the partial withdrawal from a multiemployer pension plan. The severance liability is included in the Accounts payable and accrued expenses line of the Consolidated Balance Sheets while the multiemployer pension plan withdrawal liability is included in the Other long-term liabilities line of the Consolidated Balance Sheets. The table below presents a reconciliation of the liabilities as of December 31, 2016:


	Severance			Multiemployer Pension Plan Withdrawal		Total Liabilities
	(In thousands)
Balance as of December 31, 2015	$	395		$	767	$	1,162
Expense		5,575			—		5,575
Payments		(2,470	)		—		(2,470	)

Balance as of December 31, 2016	$	3,500		$	767	$	4,267

Acquisitions

12 Months Ended

Dec. 31, 2016

4.	ACQUISITIONS

Private Brands Business

On February 1, 2016, the Company acquired the Private Brands Business, which is primarily engaged in manufacturing, distributing, and marketing private label products to retail grocery, food away from home, and industrial and export customers. The business’s primary product categories include snacks, retail bakery, pasta, cereal, bars, and condiments. The purchase price, after considering working capital adjustments, was approximately $2,644.4 million, net of acquired cash. The acquisition was funded by $835.1 million in net proceeds from a public sale of the Company’s common stock, $760.7 million in net proceeds from a private issuance of senior unsecured notes (“2024 Notes”), and a new $1,025.0 million term loan (“Term Loan A-2”), with the remaining balance funded by borrowings from the Company’s $900 million revolving credit facility (“Revolving Credit Facility”). The acquisition resulted in a broader portfolio of products and further diversified the Company’s product categories.

The Private Brands Business acquisition is accounted for under the acquisition method of accounting and the results of operations are included in our financial statements from the date of acquisition in the North American Retail Grocery, Food Away From Home, and Industrial and Export segments. Included in the Company’s Consolidated Statements of Operations are the Private Brands Business’s net sales of approximately $2,992.9 million and income before income taxes of $117.3 million from the date of acquisition through December 31, 2016. Integration costs of $9.7 million, which are included in the Cost of sales and General and administrative expense lines of the Consolidated Statements of Operations, were included in determining income before income taxes.

We have made a preliminary allocation to net tangible and intangible assets acquired and liabilities assumed as follows:


	(In thousands)
Cash	$	43,358
Receivables		162,695
Inventory		443,687
Property, plant, and equipment		809,571
Customer relationships		510,900
Trade names		33,000
Software		19,576
Formulas		23,200
Other assets		54,965
Goodwill		1,138,238

Assets acquired		3,239,190
Deferred taxes		(152,660	)
Assumed current liabilities		(248,519	)
Assumed long-term liabilities		(150,289	)

Total purchase price	$	2,687,722

The Company allocated $496.1 million to customer relationships in the North American Retail Grocery segment, which have a preliminary estimated life of 13 years, and $14.8 million to customer relationships in the Food Away From Home segment, which have a preliminary estimated life of 10 years. The Company allocated $33.0 million to trade names, which have a preliminary estimated life of 10 years. The Company allocated $23.2 million to formulas, which have a preliminary estimated life of 5 years. The Company allocated $19.6 million to capitalized software with estimated lives of 1 to 5 years, depending on expected use. The aforementioned intangibles will be amortized on a straight line basis. Indemnification assets related to taxes of approximately $13.8 million were also recorded. The Company increased the cost of acquired inventories by approximately $8.4 million, and expensed the amount as a component of cost of sales. The Company has preliminarily allocated $1,063.7 million and $74.5 million of goodwill to the North American Retail Grocery and Food Away From Home segments, respectively. Goodwill arises principally as a result of expansion opportunities and synergies across both new and legacy product categories. None of the goodwill resulting from this acquisition is tax deductible. The Company incurred approximately $35.2 million in acquisition costs. These costs are included in the General and administrative expense line of the Consolidated Statements of Operations. The purchase price allocation in the table above is preliminary and subject to the finalization of the Company’s valuation analysis, including adjustments to taxes.

The fair values for customer relationships at the acquisition date were determined using the excess earnings method under the income approach. Trade name fair values were determined using the relief from royalty method, while the fair value of formulas was determined using the cost approach. Real property fair values were determined using the cost and market approaches, while the fair value of personal property was determined using the indirect cost approach. The fair value measurements of intangible assets are based on significant unobservable inputs, and thus represent Level 3 inputs. Significant assumptions used in assessing the fair values of intangible assets include discounted future cash flows, customer attrition rates, and royalty rates.

The Company recorded purchase price adjustments related to taxes, working capital, and property, plant, and equipment for the year ended December 31, 2016, resulting in an increase to goodwill of approximately $14.3 million. The working capital adjustment was finalized on July 25, 2016, resulting in a payment of $4.2 million to ConAgra Foods, Inc. that is reflected as a purchase price adjustment. As a result of these adjustments, approximately $0.2 million was expensed to cost of sales for the year ended December 31, 2016. The remaining adjustments did not impact the Consolidated Statements of Operations.

The following unaudited pro forma information shows the results of operations for the Company as if its acquisition of the Private Brands Business had been completed as of January 1, 2015. Adjustments have been made for the pro forma effects of depreciation and amortization of tangible and intangible assets recognized as part of the business combination, the issuance of common stock, interest expense related to the financing of the business combination, and related income taxes. Excluded from the 2016 pro forma results are $35.2 million of costs incurred by the Company in connection with the acquisition. The 2015 pro forma results include $1.3 billion in asset impairment charges incurred by the seller. The pro forma results may not necessarily reflect actual results of operations that would have been achieved, nor are they necessarily indicative of future results of operations.


	Year Ended December 31,
	2016			2015
	(In thousands, except per share data)
Pro forma net sales	$	6,499,051		$	6,795,936

Pro forma net loss	$	(206,879	)	$	(664,159	)

Pro forma basic loss per common share	$	(3.65	)	$	(11.79	)

Pro forma diluted loss per common share	$	(3.65	)	$	(11.79	)

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1524-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7000-128479

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4922-128472

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4934-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4926-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=73530397&loc=SL65897772-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1383-128463

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6996-128479

Property, Plant, and Equipment

Investments

12 Months Ended

Dec. 31, 2016

Investments

5.	INVESTMENTS


	December 31,
	2016		2015
	(In thousands)
U.S. equity	$	7,613	$	5,283
Non-U.S. equity		1,796		1,574
Fixed income		1,010		1,531

Total investments	$	10,419	$	8,388

We determine the appropriate classification of our investments at the time of purchase and reevaluate such designation as of each balance sheet date. The Company accounts for investments in debt and marketable equity securities as held-to-maturity, available-for-sale, or trading, depending on their classification. The investments held by the Company are classified as trading securities and are stated at fair value, with changes in fair value recorded as a component of the Interest income or Interest expense line on the Consolidated Statements of Operations. Cash flows from purchases, sales, and maturities of trading securities are included in cash flows from investing activities in the Consolidated Statements of Cash Flows based on the nature and purpose for which the securities were acquired.

Our investments include U.S. equity, non-U.S. equity, and fixed income securities that are classified as short-term investments on the Consolidated Balance Sheets. The U.S. equity, non-U.S. equity, and fixed income securities are classified as short-term investments as they have characteristics of other current assets and are actively managed.

For the year ended December 31, 2016, we recognized unrealized losses totaling $0.7 million that are included in the Interest expense line of the Consolidated Statements of Operations and $1.4 million in unrealized gains that are included in the Interest income line of the Consolidated Statements of Operations. Additionally, for the year ended December 31, 2016, we recognized a realized gain on investments totaling $0.2 million that was included in the Interest income line of the Consolidated Statements of Operations. When securities are sold, their cost is determined based on the FIFO method.

Inventories

12 Months Ended

Dec. 31, 2016

Inventories

6.	INVENTORIES


	December 31,
	2016			2015
	(In thousands)
Raw materials and supplies	$	429,386		$	274,007
Finished goods		571,886			331,535
LIFO reserve		(23,235	)		(21,427	)

Total inventories	$	978,037		$	584,115

Approximately $105.9 million and $88.1 million of our inventory was accounted for under the LIFO method of accounting at December 31, 2016 and 2015, respectively. The LIFO reserve reflects the excess of the current cost of LIFO inventories at December 31, 2016 and 2015, over the amount at which these inventories were valued on the Consolidated Balance Sheets. No LIFO inventory liquidation occurred in 2016 or 2015. Approximately $116.2 and $119.8 million of our inventory was accounted for using the weighted average costing approach at December 31, 2016 and 2015, respectively.

Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2016

7.	PROPERTY, PLANT, AND EQUIPMENT


	December 31,
	2016			2015
	(In thousands)
Land	$	71,248		$	25,954
Buildings and improvements		465,358			226,134
Machinery and equipment		1,324,458			681,711
Construction in progress		84,986			24,493

Total		1,946,050			958,292
Less accumulated depreciation		(586,730	)		(416,764	)

Property, plant, and equipment, net	$	1,359,320		$	541,528

Depreciation expense was $178.4 million, $61.5 million, and $63.3 million in 2016, 2015, and 2014, respectively.

Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets

8.	GOODWILL AND INTANGIBLE ASSETS

Changes in the carrying amount of goodwill for the years ended December 31, 2016 and 2015 are as follows:


	North American Retail Grocery			Food Away From Home			Industrial and Export		Total
	(In thousands)
Balance at January 1, 2015	$	1,439,476		$	94,423		$	134,086	$	1,667,985
Purchase price adjustments		5,556			—			—		5,556
Foreign currency exchange adjustments		(21,591	)		(2,156	)		—		(23,747	)

Balance at December 31, 2015		1,423,441			92,267			134,086		1,649,794
Acquisitions		1,050,383			73,541			—		1,123,924
Purchase price adjustments		13,377			937			—		14,314
Impairment losses		(333,419	)		(11,432	)		—		(344,851	)
Foreign currency exchange adjustments		3,629			431			—		4,060

Balance at December 31, 2016	$	2,157,411		$	155,744		$	134,086	$	2,447,241

Upon completion of the annual goodwill impairment analysis as of December 31, 2016, the Company recorded impairment losses of $333.4 million and $11.4 million related to the North American Retail Grocery – Flagstone and Food Away From Home – Canada reporting units, respectively. These reporting units did not achieve the forecasted results for the year ended December 31, 2016, resulting in reduced future revenue and profitability expectations. The primary factor impacting the future revenue and profitability expectations for the North American Retail Grocery – Flagstone reporting unit was competitive pressures while the primary factors impacting the future expectations for the Food Away From Home – Canada reporting unit were competitive pressures and unfavorable foreign exchange for the Canadian operations. These changes in expectations and the related reductions in discounted future cash flows resulted in book values that exceeded the fair values for these reporting units, which required the recognition of impairment losses.

To determine the amount of the impairment losses, the Company performed the second step of the impairment test, which requires a hypothetical analysis that calculates the fair value of goodwill as if the related reporting unit were being acquired in a business combination. Significant assumptions used in assessing fair values of the assets and liabilities of a reporting unit include discount and growth rates, margins, and royalty rates related to identifiable intangible assets as well as consideration of the market environment in valuing tangible assets.

The goodwill impairment losses are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations. No other instances of impairment were identified, and the Company has not incurred any previous goodwill impairments since its inception.

Approximately $408.0 million of goodwill is deductible for tax purposes.

The carrying amounts of our intangible assets with indefinite lives, other than goodwill, as of December 31, 2016 and 2015 are as follows:


	December 31,
	2016		2015
	(In thousands)
Trademarks	$	21,591	$	25,229

Total indefinite lived intangibles	$	21,591	$	25,229

Upon completion of the annual indefinite lived intangibles analysis as of December 31, 2016, the Company recorded a $3.6 million impairment loss related to the Saucemaker^® trademark, which is included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations. The impairment loss was determined using the relief from royalty method, and resulted from the reduced revenue and profitability expectations related to the Food Away From Home – Canada reporting unit, as described above. The Company also changed the classification of this trademark from indefinite lived to finite lived, resulting in a decrease in the indefinite lived intangibles balance, which was partially offset by an increase related to foreign currency translation. Our 2016 and 2015 impairment reviews of indefinite lived intangible assets resulted in no other impairment losses.

The gross carrying amounts and accumulated amortization of intangible assets, with finite lives, as of December 31, 2016 and 2015 are as follows:


	December 31,
	2016							2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(In thousands)
Intangible assets with finite lives:
Customer-related (1)	$	1,284,379	$	(293,324	)	$	991,055	$	769,419	$	(208,962	)	$	560,457
Contractual agreements (2)		2,969		(2,900	)		69		2,964		(2,831	)		133
Trademarks (3)		69,553		(23,593	)		45,960		32,240		(11,091	)		21,149
Formulas/recipes (4)		33,719		(12,837	)		20,882		10,471		(7,824	)		2,647
Computer software (5)		115,689		(57,688	)		58,001		78,039		(40,999	)		37,040

Total finite lived intangibles	$	1,506,309	$	(390,342	)	$	1,115,967	$	893,133	$	(271,707	)	$	621,426

The Company recorded a $3.8 million impairment loss related to the Amport^® trademark, which is included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations. The impairment loss was determined using the relief from royalty method, and resulted from the transition of certain products previously sold under this trademark to the Goodfields^® trademark in the fourth quarter of 2016. No other impairments were identified related to finite lived intangibles.

As of December 31, 2016, the weighted average remaining useful lives for the amortizable intangible assets are (1) customer-related at 12.1 years, (2) contractual agreements at 1.4 years, (3) trademarks at 8.5 years, (4) formulas/recipes at 4.0 years, and (5) computer software at 4.3 years. The weighted average remaining useful life in total for all amortizable intangible assets is 11.4 years as of December 31, 2016.

Total intangible assets, excluding goodwill, as of December 31, 2016 and 2015 were $1,137.6 million and $646.7 million, respectively. Amortization expense on intangible assets was $109.9 million, $60.6 million, and $52.6 million for the years ended December 31, 2016, 2015, and 2014, respectively. Estimated amortization expense on intangible assets for the next five years is as follows:


	(In thousands)
2017	$	112,811
2018	$	106,309
2019	$	104,569
2020	$	102,533
2021	$	92,721

Considerable management judgment is necessary to evaluate the impact of operating changes and to estimate future cash flows. Assumptions used in our impairment evaluations, such as forecasted growth rates and our cost of capital, are consistent with our internal projections and operating plans.

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

Accounts Payable and Accrued Expenses

Accounts Payable and Accrued Expenses

12 Months Ended

Dec. 31, 2016

9.	ACCOUNTS PAYABLE AND ACCRUED EXPENSES


	December 31,
	2016		2015
	(In thousands)
Accounts payable	$	458,127	$	202,065
Payroll and benefits		78,500		27,467
Interest		24,143		6,241
Taxes		30,960		1,499
Health insurance, workers’ compensation, and other insurance costs		17,179		9,331
Marketing expenses		12,352		7,435
Other accrued liabilities		5,512		6,542

Total	$	626,773	$	260,580

Income Taxes

12 Months Ended

Dec. 31, 2016

Income Taxes

10.

INCOME TAXES

The components of (loss) income before income taxes are as follows:


	Year Ended December 31,
	2016			2015			2014
	(In thousands)
Domestic source	$	(190,558	)	$	179,445		$	147,452
Foreign source		(4,805	)		(8,181	)		(10,882	)

(Loss) income before income taxes	$	(195,363	)	$	171,264		$	136,570

The following table presents the components of the 2016, 2015, and 2014 provision for income taxes:


	Year Ended December 31,
	2016			2015			2014
	(In thousands)
Current:
Federal	$	33,650		$	57,237		$	34,447
State		4,481			9,276			5,771
Foreign		7,553			(4,153	)		(1,629	)

Total current		45,684			62,360			38,589
Deferred:
Federal		(4,983	)		(5,721	)		8,176
State		(157	)		(2,002	)		605
Foreign		(7,313	)		1,717			(680	)

Total deferred		(12,453	)		(6,006	)		8,101

Total income tax expense	$	33,231		$	56,354		$	46,690

The following is a reconciliation of income tax expense computed at the U.S. federal statutory tax rate to the income tax expense reported in the Consolidated Statements of Operations:


	Year Ended December 31,
	2016			2015			2014
	(In thousands)
Tax at statutory rate	$	(68,377	)	$	59,942		$	47,800
State income taxes		2,811			4,728			4,145
Tax benefit of cross-border intercompany financing structure		(3,816	)		(3,962	)		(4,579	)
Domestic production activities deduction		(5,133	)		(5,423	)		(4,173	)
Excess tax benefits related to stock-based compensation		(3,940	)		—			—
Goodwill impairment		112,021			—			—
Other, net		(335	)		1,069			3,497

Total provision for income taxes	$	33,231		$	56,354		$	46,690

The reconciliation includes excess tax benefits related to stock-based compensation. As described in Note 2, the Company elected to early adopt ASU 2016-09, resulting in the recognition of $4.3 million of excess tax benefits related to share-based payments, $0.4 million of which is included in the State income taxes line of the reconciliation above.

The tax effects of temporary differences giving rise to deferred income tax assets and liabilities were:


	December 31,
	2016			2015
	(In thousands)
Deferred tax assets:
Pension and postretirement benefits	$	35,633		$	7,373
Accrued liabilities		47,998			13,639
Stock compensation		19,369			16,644
Unrealized foreign exchange loss		7,716			7,449
Loss and credit carryovers		22,092			6,436
Other		37,417			16,279

Total deferred tax assets		170,225			67,820
Valuation allowance		(8,929	)		(852	)

Total deferred tax assets, net of valuation allowance		161,296			66,968
Deferred tax liabilities:
Fixed assets and intangible assets		(583,455	)		(346,076	)

Total deferred tax liabilities		(583,455	)		(346,076	)

Net deferred income tax liability	$	(422,159	)	$	(279,108	)

The Company has income tax net operating loss carryforwards related to its domestic and international operations which have a 20 year definite life. The Company has recorded a deferred tax asset of $8.3 million reflecting the benefit of $30.8 million in loss carryforwards. All of the loss carryforwards expire between 2033 and 2036. The Company also has state net operating loss and income tax credit carryforwards. The Company has recorded a deferred tax asset of $1.8 million reflecting the benefit of state net operating losses of $29.7 million. The state net operating loss carryforwards have a 5 to 20 year life and expire between 2018 and 2036. The Company has recorded a deferred tax asset of $10.4 million reflecting the benefit of state tax credit carryforwards of $16.0 million. The state income tax credits have a 10 to 15 year life and expire between 2018 and 2029.

The Company has recorded a valuation allowance of $8.9 million and $0.9 million for the years ended December 31, 2016 and 2015, respectively. The Company assessed the realizability of its deferred tax assets and has determined that certain foreign non-capital loss carryforwards, state net operating loss carryforwards, and state tax credit carryforwards will more likely than not expire unused. Of the $8.9 million valuation allowance recorded at December 31, 2016, $8.1 million relates to foreign and state tax attributes acquired through the Private Brands Business acquisition and recorded in purchase accounting.

The Company or one of its subsidiaries files income tax returns in the U.S. federal, Canada, Italy, and various U.S. state jurisdictions. In the U.S. federal jurisdiction, the Company is open to examination for the tax year ended December 31, 2013 and forward; for Canadian purposes, the Company is open to examination for the tax year ended December 31, 2008 and forward; for Italian purposes, the Company is open to examination for the tax years ended September 30, 2011 and forward; and for the various U.S. state jurisdictions the Company is generally open to examination for the tax year ended December 31, 2011 and forward.

The Internal Revenue Service (“IRS”) completed the examination of Flagstone Foods, Inc.’s 2013 tax year during the second quarter of 2016, with no proposed adjustments to the Company’s tax liability. The Company received notice from the IRS regarding the examination of the Company’s 2015 tax year, which will begin in February 2017. The Canadian Revenue Agency (“CRA”) is currently examining the 2008 through 2013 tax years of E.D. Smith. The CRA examination is expected to be completed in 2017 or 2018. The Italian Agency of Revenue (“IAR”) is currently examining the 2007 through 2009 and 2013 tax years of Pasta Lensi S.r.l. The IAR examinations are not expected to be completed prior to 2020 due to a backlog of appeals before the agency. The Company has examinations in process with various state taxing authorities, which are expected to be complete in 2017.

During the year, the Company recorded adjustments to its unrecognized tax benefits. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	Year Ended December 31,
	2016			2015			2014
	(In thousands)
Unrecognized tax benefits beginning balance	$	19,542		$	13,211		$	12,499
Additions based on tax positions related to the current year		—			55			476
Additions based on tax positions of prior years		1,792			1,549			83
Additions resulting from acquisitions		14,444			6,391			11,366
Reductions for tax positions of prior years		(4,293	)		(1,384	)		(11,163	)
Payments		—			—			(50	)
Foreign currency translation		(114	)		(280	)		—

Unrecognized tax benefits ending balance	$	31,371		$	19,542		$	13,211

Unrecognized tax benefits are included in the Other long-term liabilities line of the Consolidated Balance Sheets. Included in the balance at December 31, 2016 are amounts that are offset by deferred taxes (i.e., temporary differences). Of the amount accrued at December 31, 2016 and 2015, $27.4 million and $16.3 million, respectively, would impact the effective tax rate if reversed. Of the amounts accrued at December 31, 2016 and 2015, $20.1 million and $9.2 million, respectively, relates to unrecognized tax benefits assumed in prior acquisitions. If reversed, the Company would also recognize non-operating expense of $20.1 million and $9.2 million, respectively, for the write-down of the related indemnification assets.

Management estimates that it is reasonably possible that the total amount of unrecognized tax benefits could decrease by as much as $5.8 million within the next 12 months, primarily as a result of the resolution of audits currently in progress and the lapsing of statutes of limitations. Less than $3.3 million of the $5.8 million would affect net income when settled.

The Company recognizes interest expense (income) and penalties related to unrecognized tax benefits in income tax expense. During the years ended December 31, 2016, 2015, and 2014, the Company recognized $0.8 million, $0.1 million, and $(0.1) million of interest and penalties in income tax expense, respectively. The Company has accrued approximately $4.6 million and $0.6 million for the payment of interest and penalties at December 31, 2016 and 2015, respectively. Of the $4.6 million, $4.3 million is indemnified.

As of December 31, 2016, approximately $142.2 million of undistributed earnings of the Company’s foreign subsidiaries were deemed to be indefinitely reinvested and, accordingly, any applicable U.S. federal income taxes and foreign withholding taxes have not been provided on these earnings. If these earnings had not been indefinitely reinvested, deferred taxes of approximately $35.8 million would have been recognized.

During the first quarter of 2008, the Company entered into an intercompany financing structure that results in the recognition of foreign earnings subject to a low effective tax rate. As the foreign earnings are permanently reinvested, U.S. income taxes have not been provided. For the years ended December 31, 2016 and 2015, the Company recognized a tax benefit of approximately $3.8 million and $4.0 million, respectively, related to this item.

Long-Term Debt

12 Months Ended

Dec. 31, 2016

Long-Term Debt

11.

LONG-TERM DEBT


	December 31,
	2016			2015
	(In thousands)
Revolving Credit Facility	$	170,000		$	353,000
Term Loan A		288,000			295,500
Term Loan A-1		180,000			190,000
Term Loan A-2		1,005,781			—
2022 Notes		400,000			400,000
2024 Notes		775,000			—
Tax increment financing and other debt		5,734			6,002

Total outstanding debt		2,824,515			1,244,502
Deferred financing costs		(33,334	)		(7,868	)
Less current portion		(66,421	)		(14,893	)

Total long-term debt	$	2,724,760		$	1,221,741

The scheduled maturities of outstanding debt, excluding deferred financing costs, at December 31, 2016 are as follows (in thousands):


2017	$	73,150
2018		79,876
2019		82,379
2020		108,049
2021		1,306,028
Thereafter		1,175,033

Total outstanding debt	$	2,824,515

On February 1, 2016, coincident with the closing of the acquisition of the Private Brands Business, the Company entered into the Amended and Restated Credit Agreement. The Amended and Restated Credit Agreement amended the Company’s prior credit agreement, dated as of May 6, 2014 (as amended from time to time prior to February 1, 2016, the “Prior Credit Agreement”).

The Amended and Restated Credit Agreement (1) amended the maturity dates of the Revolving Credit Facility, Term Loan A, and Term Loan A-1 so that they are coterminous and mature on February 1, 2021, (2) provided for the issuance of Term Loan A-2, (3) is now a secured facility until, among other conditions, the Company reaches a leverage ratio of 3.5 and has no other pari-passu secured debt outstanding, and (4) increased credit spreads. The proceeds from Term Loan A-2 were used to fund a portion of the purchase price of the Private Brands Business. The Amended and Restated Credit Agreement contains substantially the same covenants as the Prior Credit Agreement with adjustments to reflect the incurrence of Term Loan A-2.

In connection with the Amended and Restated Credit Agreement, $20.3 million in fees will be amortized ratably through February 1, 2021. Fees associated with Term Loan A, Term Loan A-1, and Term Loan A-2 (the “Term Loans”) are presented as a direct deduction from outstanding debt, while fees associated with the Revolving Credit Facility are presented as an asset. Beginning February 1, 2016, unamortized fees associated with the Prior Credit Agreement will be amortized ratably through February 1, 2021.

The Revolving Credit Facility and the Term Loans are known collectively as the “Amended and Restated Credit Agreement.” The Company’s average interest rate on debt outstanding under its Amended and Restated Credit Agreement for the year ended December 31, 2016 was 2.51%.

Revolving Credit Facility — As of December 31, 2016, $680.9 million of the aggregate commitment of $900 million of the Revolving Credit Facility was available. Under the Amended and Restated Credit Agreement, the Revolving Credit Facility matures on February 1, 2021, as compared to a maturity date of May 6, 2019 under the Prior Credit Agreement. In addition, as of December 31, 2016, there were $49.1 million in letters of credit under the Revolving Credit Facility that were issued but undrawn, which have been included as a reduction to the calculation of available credit.

Interest is payable quarterly or at the end of the applicable interest period in arrears on any outstanding borrowings. The interest rates under the Amended and Restated Credit Agreement are based on the Company’s consolidated leverage ratio, and are determined by either (i) LIBOR, plus a margin ranging from 1.25% to 3.00% (inclusive of the facility fee), based on the Company’s consolidated leverage ratio, or (ii) a Base Rate (as defined in the Amended and Restated Credit Agreement), plus a margin ranging from 0.25% to 2.00% (inclusive of the facility fee), based on the Company’s consolidated leverage ratio.

The Amended and Restated Credit Agreement is fully and unconditionally, as well as jointly and severally, guaranteed by our 100% owned direct and indirect subsidiaries described as follows: During the first quarter of 2016, Protenergy Holdings, Inc. and Protenergy Natural Foods, Inc. were added as guarantors. Additionally, in connection with the acquisition of the Private Brands Business, TreeHouse Private Brands, Inc. (formerly Ralcorp Holdings, Inc.); American Italian Pasta Co.; Nutcracker Brands; Linette Quality Chocolates; Ralcorp Frozen Bakery Products, Inc.; Cottage Bakery, Inc.; and The Carriage House Companies, Inc. were added as guarantors during the first quarter of 2016. As a result, Bay Valley Foods, LLC; Sturm Foods, Inc.; S.T. Specialty Foods, Inc.; Associated Brands, Inc.; Cains Foods, Inc.; Cains Foods L.P.; Cains GP, LLC; and Flagstone Foods, Inc., together with the subsidiaries added in the first quarter as noted above, and certain other subsidiaries that may become guarantors in the future are collectively known as the “Guarantor Subsidiaries.” The Amended and Restated Credit Agreement contains various financial and restrictive covenants and requires that the Company maintain certain financial ratios, including a leverage and interest coverage ratio. The Amended and Restated Credit Agreement also contains cross-default provisions which could result in the acceleration of payments in the event TreeHouse or the Guarantor Subsidiaries (i) fails to make a payment when due in respect of any indebtedness or guarantee having an aggregate principal amount greater than $75 million or (ii) fails to observe or perform any other agreement or condition related to such indebtedness or guarantee as a result of which the holder(s) of such debt are permitted to accelerate the payment of such debt. The Amended and Restated Credit Agreement is secured by substantially all personal property of TreeHouse and its Guarantor Subsidiaries.

Term Loan A — On May 6, 2014, the Company entered into a $300 million term loan whose maturity date was amended in connection with the Amended and Restated Credit Agreement. The new maturity date is February 1, 2021, as compared to May 6, 2021 under the Prior Credit Agreement. The interest rates applicable to Term Loan A are based on the Company’s consolidated leverage ratio, and are determined by either (i) LIBOR, plus a margin ranging from 1.25% to 3.00%, or (ii) a Base Rate (as defined in the Amended and Restated Credit Agreement), plus a margin ranging from 0.25% to 2.00%. Payments are due on a quarterly basis. Term Loan A is subject to substantially the same covenants as the Revolving Credit Facility, and also has the same Guarantor Subsidiaries. As of December 31, 2016, $288.0 million was outstanding under Term Loan A.

Term Loan A-1 — On July 29, 2014, the Company entered into a $200 million term loan whose maturity date was amended in connection with the Amended and Restated Credit Agreement. The new maturity date is February 1, 2021, as compared to May 6, 2019 under the Prior Credit Agreement. The interest rates applicable to Term Loan A-1 are based on the Company’s consolidated leverage ratio, and are determined by either (i) LIBOR, plus a margin ranging from 1.25% to 3.00%, or (ii) a Base Rate (as defined in the Amended and Restated Credit Agreement), plus a margin ranging from 0.25% to 2.00%. Payments are due on a quarterly basis. Term Loan A-1 is subject to substantially the same covenants as the Revolving Credit Facility, and has the same Guarantor Subsidiaries. As of December 31, 2016, $180.0 million was outstanding under Term Loan A-1.

Term Loan A-2 — On February 1, 2016, the Company entered into a $1,025 million term loan pursuant to the Amended and Restated Credit Agreement. Term Loan A-2 matures on February 1, 2021. The interest rates applicable to Term Loan A-2 are based on the Company’s consolidated leverage ratio, and are determined by either (i) LIBOR, plus a margin ranging from 1.25% to 3.00%, or (ii) a Base Rate (as defined in the Amended and Restated Credit Agreement), plus a margin ranging from 0.25% to 2.00%. Payments are due on a quarterly basis starting June 30, 2016. Term Loan A-2 is subject to substantially the same covenants as the Revolving Credit Facility, and has the same Guarantor Subsidiaries. As of December 31, 2016, $1,005.8 million was outstanding under Term Loan A-2.

2022 Notes — On March 11, 2014, the Company completed its underwritten public offering of $400 million in aggregate principal amount of 4.875% notes due March 15, 2022 (the “2022 Notes”). The net proceeds of $394 million ($400 million less underwriting discount of $6 million, providing an effective interest rate of 4.99%) were used to extinguish the Company’s previously issued 7.75% notes due on March 1, 2018 (the “2018 Notes”). Interest is payable on March 15 and September 15 of each year. The 2022 Notes will mature on March 15, 2022.

The Company may redeem some or all of the 2022 Notes at any time prior to March 15, 2017 at a price equal to 100% of the principal amount of the 2022 Notes redeemed, plus an applicable “make-whole” premium. On or after March 15, 2017, the Company may redeem some or all of the 2022 Notes at redemption prices set forth in the Indenture. In addition, at any time prior to March 15, 2017, the Company may redeem up to 35% of the 2022 Notes at a redemption price of 104.875% of the principal amount of the 2022 Notes redeemed with the net cash proceeds of certain equity offerings.

Subject to certain limitations, in the event of a change in control of the Company, the Company will be required to make an offer to purchase the 2022 Notes at a purchase price equal to 101% of the principal amount of the 2022 Notes, plus accrued and unpaid interest up to the purchase date.

2024 Notes — On January 29, 2016, the Company completed an exempt offering under Rule 144A and Regulation S of the Securities Act of $775 million in aggregate principal amount of 6.0% notes due February 15, 2024. The net proceeds from the issuance of the 2024 Notes (approximately $760.7 million after deducting issuance costs, providing an effective interest rate of 6.23%) were used to fund a portion of the purchase price of the Private Brands Business. Interest is payable on February 15 and August 15 of each year. The payments began on August 15, 2016. The 2024 Notes will mature on February 15, 2024.

The Company may redeem some or all of the 2024 Notes at any time on or after February 15, 2019 at the applicable redemption prices described in the Indenture plus accrued and unpaid interest, if any, up to but not including the redemption date. In addition, prior to February 15, 2019, the Company may redeem all or a portion of the 2024 Notes at a price equal to 100% of the principal amount plus the “make-whole” premium set forth in the Indenture plus accrued and unpaid interest, if any, up to but not including the redemption date. The Company may also redeem up to 40% of the 2024 Notes prior to February 15, 2019 with the net cash proceeds received from certain equity offerings at the redemption price set forth in the Indenture. In the event of certain change of control events, as described in the Indenture, the Company may be required to purchase the 2024 Notes from the holders at a purchase price of 101% of the principal amount plus any accrued and unpaid interest.

The Company issued the 2022 Notes and 2024 Notes pursuant to a single base Indenture among the Company, the Guarantor Subsidiaries, and the Trustee. The Indenture provides, among other things, that the 2022 Notes and 2024 Notes will be senior unsecured obligations of the Company. The Company’s payment obligations under the 2022 Notes and 2024 Notes are fully and unconditionally, as well as jointly and severally, guaranteed on a senior unsecured basis by the Guarantor Subsidiaries, in addition to any future domestic subsidiaries that guarantee or become borrowers under its credit agreement, or guarantee certain other indebtedness incurred by the Company or its restricted subsidiaries. The Indenture was supplemented during the first quarter of 2016 to include the changes in Guarantor Subsidiaries noted above.

The Indenture governing the 2022 Notes and 2024 Notes contains customary event of default provisions (including, without limitation, defaults relating to the failure to pay at final maturity or the acceleration of certain other indebtedness). If an event of default occurs and is continuing, the trustee under the Indenture or holders of at least 25% in principal amount of such notes may declare the principal amount and accrued and unpaid interest, if any, on all such notes to be due and payable. The Indenture also contains restrictive covenants that, among other things, limit the ability of the Company and the Guarantor Subsidiaries to: (i) pay dividends or make other restricted payments, (ii) make certain investments, (iii) incur additional indebtedness or issue preferred stock, (iv) create liens, (v) pay dividends or make other payments (except for certain dividends and payments to the Company and certain subsidiaries of the Company), (vi) merge or consolidate with other entities or sell substantially all of its assets, (vii) enter into transactions with affiliates, and (viii) engage in certain sale and leaseback transactions. The foregoing limitations are subject to exceptions as set forth in the Indenture. In addition, if in the future, the 2022 Notes or 2024 Notes have an investment grade credit rating by both Moody’s Investors Services, Inc. and Standard & Poor’s Ratings Services, certain of these covenants will, thereafter, no longer apply to the 2022 Notes or 2024 Notes for so long as the 2022 Notes or 2024 Notes are rated investment grade by the two rating agencies.

Interest Rate Swap Agreements — In June 2016, the Company entered into $500 million of long-term interest rate swap agreements to lock into a fixed LIBOR interest rate base. Under the terms of the agreements, $500 million in variable-rate debt was swapped for a weighted average fixed interest rate base of approximately 0.86% for a period of 37 months, beginning on January 31, 2017 and ending on February 28, 2020. The borrowing cost on the swapped principal will range from 2.11% to 3.86% during the life of the swap agreement based on the credit spreads under the Amended and Restated Credit Agreement.

Tax Increment Financing — On December 15, 2001, the Urban Redevelopment Authority of Pittsburgh (“URA”) issued $4.0 million of redevelopment bonds, pursuant to a “Tax Increment Financing Plan” to assist with certain aspects of the development and construction of the Company’s Pittsburgh, Pennsylvania facilities. The agreement was transferred to the Company as part of the acquisition of the soup and infant feeding business. The Company has agreed to make certain payments with respect to the principal amount of the URA’s redevelopment bonds through May 2019. As of December 31, 2016, $1.0 million remains outstanding that matures May 1, 2019. Interest accrues at an annual rate of 7.16%.

Capital Lease Obligations and Other — The Company owes $4.7 million related to capital leases. Capital lease obligations represent machinery and equipment financing obligations, which are payable in monthly installments of principal and interest, and are collateralized by the related assets financed.

Deferred financing costs — As of December 31, 2016, deferred financing costs of $6.7 million and $26.6 million were included in Current portion of long-term debt and Long-term debt, respectively. Deferred financing costs of $1.4 million and $6.5 million were included in Current portion of long-term debt and Long-term debt, respectively, as of December 31, 2015.

Stockholders' Equity

12 Months Ended

Dec. 31, 2016

Stockholders' Equity

12.

STOCKHOLDERS’ EQUITY

Common stock — The Company has authorized 90 million shares of common stock with a par value of $0.01 per share. No dividends have been declared or paid.

On January 26, 2016, a total of 13,269,230 shares were issued pursuant to a public offering at $65.00 per share, resulting in gross proceeds to the Company of $862.5 million. Net cash from the offering, after considering issuance costs, was approximately $835.1 million, with approximately $0.1 million recorded to Common stock at par value and approximately $835.0 million recorded to Additional paid-in capital. The net proceeds from the offering were used to fund a portion of the purchase price of the Private Brands Business.

As of December 31, 2016, there were 56,759,863 shares of common stock issued and outstanding. There is no treasury stock issued or outstanding.

Preferred Stock — The Company has authorized 10 million shares of preferred stock with a par value of $0.01 per share. No preferred stock has been issued.

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.E)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(31))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.C)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(d))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Earnings Per Share

12 Months Ended

Dec. 31, 2016

Earnings Per Share

13.

EARNINGS PER SHARE

Basic earnings per share is computed by dividing net income by the number of weighted average common shares outstanding during the reporting period. The weighted average number of common shares used in the diluted earnings per share calculation is determined using the treasury stock method and includes the incremental effect related to the Company’s outstanding stock-based compensation awards.

The following table summarizes the effect of the share-based compensation awards on the weighted average number of shares outstanding used in calculating diluted earnings per share:


	Year Ended December 31,
	2016			2015		2014
	(In thousands, except per share data)
Net (loss) income	$	(228,594	)	$	114,910	$	89,880

Weighted average common shares outstanding		55,717			43,052		39,348
Assumed exercise/vesting of equity awards (1)		—			657		890

Weighted average diluted common shares outstanding		55,717			43,709		40,238

Net (loss) earnings per basic share	$	(4.10	)	$	2.67	$	2.28
Net (loss) earnings per diluted share	$	(4.10	)	$	2.63	$	2.23

(1)

Incremental shares from equity awards are computed by the treasury stock method. For the year ended December 31, 2016, weighted average common shares outstanding is the same for the computations of basic and diluted shares because the Company had a net loss for the period. Equity awards, excluded from our computation of diluted earnings per share because they were anti-dilutive, were 1.2 million, 0.7 million, and 0.4 million for the years ended December 31, 2016, 2015, and 2014, respectively.

Stock-Based Compensation

12 Months Ended

Dec. 31, 2016

Stock-Based Compensation

14.

STOCK-BASED COMPENSATION

The Board of Directors adopted, and the Company’s Stockholders approved, the “TreeHouse Foods, Inc. Equity and Incentive Plan” (the “Plan”). The Plan is administered by our Compensation Committee, which consists entirely of independent directors. The Compensation Committee determines specific awards for our executive officers. For all other employees, if the committee designates, our Chief Executive Officer or such other officers will, from time to time, determine specific persons to whom awards under the Plan will be granted, and the terms and conditions of each award. The Compensation Committee or its designee, pursuant to the terms of the Plan, also will make all other necessary decisions and interpretations under the Plan.

Under the Plan, the Compensation Committee may grant awards of various types of compensation, including stock options, restricted stock, restricted stock units, performance shares, performance units, other types of stock-based awards, and other cash-based compensation. The maximum number of shares available to be awarded under the Plan is approximately 12.3 million, of which approximately 2.3 million remain available at December 31, 2016.

(Loss) income before income taxes for the years ended December 31, 2016, 2015, and 2014 includes stock-based compensation expense for employees and directors of $29.9 million, $22.9 million, and $25.1 million, respectively. The tax benefit recognized related to the compensation cost of these share-based awards was approximately $10.9 million, $9.5 million, and $8.8 million for 2016, 2015, and 2014, respectively.

The Company estimates that certain employees and all directors will complete the required service conditions associated with their awards. For all other employees, the Company estimates forfeitures, as not all employees are expected to complete the required service conditions. The expected service period is the longer of the derived service period, as determined from the output of the valuation models, and the service period based on the term of the awards.

Stock Options — The following table summarizes stock option activity during 2016:


								Weighted
						Weighted		Average
						Average		Remaining		Aggregate
	Employee			Director		Exercise		Contractual		Intrinsic
	Options			Options		Price		Term (yrs.)		Value
	(In thousands)									(In thousands)
Outstanding, at January 1, 2016		1,918			20	$	57.18		6.2	$	41,793
Granted		470			—	$	96.14
Forfeited		(144	)		—	$	83.67
Exercised		(175	)		—	$	49.89

Outstanding, at December 31, 2016		2,069			20	$	64.77		5.8	$	28,929

Vested/expect to vest, at December 31, 2016		2,017			20	$	64.09		5.7	$	28,929

Exercisable, at December 31, 2016		1,360			20	$	52.60		4.1	$	28,926


	Year Ended December 31,
	2016		2015		2014
	(In millions)
Compensation expense	$	7.2	$	6.6	$	5.4
Intrinsic value of stock options exercised	$	6.9	$	15.7	$	53.7
Tax benefit recognized from stock option exercises	$	2.5	$	6.0	$	20.7

Compensation costs related to unvested options totaled $12.2 million at December 31, 2016 and will be recognized over the remaining vesting period of the grants, which averages 2.1 years. The weighted average grant date fair value of options granted in 2016, 2015, and 2014 was $25.89, $22.04, and $23.00, respectively.

Stock options granted under the plan generally have a three year vesting schedule, vest one-third on each of the first three anniversaries of the grant date, and expire ten years from the grant date. Stock options are generally only granted to employees and non-employee directors.

Stock options are valued using the Black-Scholes option pricing model. Expected volatilities for 2016, 2015, and 2014 are based on historical volatilities of the Company’s stock price. The risk-free interest rate for periods within the contractual life of the stock options is based on the U.S. Treasury yield curve in effect at the time of the grant. We based our expected term on the simplified method as described under the SEC Staff Accounting Bulletin No. 107. Under this approach the expected term is 6 years. The assumptions used to calculate the value of the stock option awards granted in 2016, 2015, and 2014 are presented as follows:


	2016			2015			2014
Weighted average expected volatility		25.15	%		25.07	%		25.18	%
Weighted average risk-free interest rate		1.19	%		1.97	%		2.03	%
Expected dividends		0.00	%		0.00	%		0.00	%
Expected term		6.0 years			6.0 years			6.0 years

Restricted Stock Units — Employee restricted stock unit awards generally vest based on the passage of time. These awards generally vest one-third on each anniversary of the grant date. Director restricted stock units vest on the first anniversary of the grant date. Certain directors have deferred receipt of their awards until either their departure from the Board of Directors or a specified date. As of December 31, 2016, 89 thousand director restricted stock units have been earned and deferred. The following table summarizes the restricted stock unit activity during the year ended December 31, 2016:


				Weighted					Weighted
	Employee			Average		Director			Average
	Restricted			Grant Date		Restricted			Grant Date
	Stock Units			Fair Value		Stock Units			Fair Value
	(In thousands)					(In thousands)
Outstanding, at January 1, 2016		312		$	76.36		111		$	52.60
Granted		414		$	90.40		15		$	98.78
Vested		(147	)	$	74.85		(21	)	$	58.56
Forfeited		(63	)	$	84.91		(1	)	$	76.30

Outstanding, at December 31, 2016		516		$	87.03		104		$	57.78


	Year Ended December 31,
	2016		2015		2014
	(In millions)
Compensation expense	$	17.3	$	11.7	$	11.9
Fair value of vested restricted stock units	$	16.3	$	14.9	$	12.9
Tax benefit recognized from vested restricted stock units	$	5.7	$	4.9	$	4.7

Future compensation costs related to restricted stock units are approximately $30.7 million as of December 31, 2016 and will be recognized on a weighted average basis over the next 2.0 years. The grant date fair value of the awards is equal to the Company’s closing stock price on the grant date.

Performance Units — Performance unit awards are granted to certain members of management. These awards contain service and performance conditions. For each of the three performance periods, one-third of the units will accrue, multiplied by a predefined percentage between 0% and 200%, depending on the achievement of certain operating performance measures. Additionally, for the cumulative performance period, a number of units will accrue, equal to the number of units granted multiplied by a predefined percentage between 0% and 200%, depending on the achievement of certain operating performance measures, less any units previously accrued. Accrued units will be converted to stock or cash, at the discretion of the Compensation Committee, generally, on the third anniversary of the grant date. The Company intends to settle these awards in stock and has the shares available to do so.

During the year ended December 31, 2016, based on achievement of operating performance measures, 85,249 performance units were converted into 110,926 shares of common stock, an average conversion ratio of 1.30 shares for each performance unit.

The following table summarizes the performance unit activity during the year ended December 31, 2016:


				Weighted
				Average
	Performance			Grant Date
	Units			Fair Value
	(In thousands)
Unvested, at January 1, 2016		271		$	74.13
Granted		100		$	98.28
Vested		(85	)	$	66.01
Forfeited		(40	)	$	82.89

Unvested, at December 31, 2016		246		$	85.16


	Year Ended December 31,
	2016		2015		2014
	(In millions)
Compensation expense	$	5.4	$	4.6	$	7.8
Fair value of vested performance units	$	8.0	$	5.1	$	0.4
Tax benefit recognized from performance units vested	$	4.1	$	1.9	$	0.2

Future compensation costs related to the performance units are estimated to be approximately $12.3 million as of December 31, 2016, and are expected to be recognized over the next 2.3 years. The grant date fair value of the awards is equal to the Company’s closing stock price on the grant date.

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2016

15.

ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated other comprehensive loss consists of the following components, all of which are net of tax, except for the foreign currency translation adjustment:


				Unrecognized			Accumulated
	Foreign			Pension and			Other
	Currency			Postretirement			Comprehensive
	Translation (1)			Benefits (2)			Loss
	(In thousands)
Balance at January 1, 2014	$	(24,689	)	$	(7,074	)	$	(31,763	)
Other comprehensive loss		(26,637	)		—			(26,637	)
Reclassifications from accumulated other comprehensive loss		—			(5,931	)		(5,931	)

Other comprehensive loss		(26,637	)		(5,931	)		(32,568	)

Balance at December 31, 2014		(51,326	)		(13,005	)		(64,331	)
Other comprehensive loss		(49,186	)		—			(49,186	)
Reclassifications from accumulated other comprehensive loss		—			49			49

Other comprehensive (loss) income		(49,186	)		49			(49,137	)

Balance at December 31, 2015		(100,512	)		(12,956	)		(113,468	)
Other comprehensive income		11,123			—			11,123
Reclassifications from accumulated other comprehensive loss		—			1,070			1,070

Other comprehensive income		11,123			1,070			12,193

Balance at December 31, 2016	$	(89,389	)	$	(11,886	)	$	(101,275	)

(1)	The foreign currency translation adjustment is not net of tax, as it pertains to the Company’s permanent investment in its foreign subsidiaries.

(2)	The unrecognized pension and postretirement benefits reclassification is presented net of tax of $656 thousand, $30 thousand, and $(3,683) thousand for the years ended December 31, 2016, 2015, and 2014, respectively.


										Affected Line in the
	Reclassifications from Accumulated									Consolidated
	Other Comprehensive Loss									Statements of Operations
	Year Ended December 31,
	2016			2015			2014
				(In thousands)
Amortization of defined benefit pension and postretirement items:
Prior service costs	$	139		$	139		$	139		(a)
Unrecognized net loss		1,420			1,576			681		(a)
Actuarial adjustment		167			(1,636	)		(10,434	)	(b)

Total before tax		1,726			79			(9,614	)
Income taxes		(656	)		(30	)		3,683		Income taxes

Net of tax	$	1,070		$	49		$	(5,931	)

(a)	These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement cost. See Note 16 for additional details.

(b)	Represents the actuarial adjustment needed to adjust the Accumulated other comprehensive loss balance to actual.

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e716-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e681-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

Employee Pension and Postretirement Benefit Plans

Employee Pension and Postretirement Benefit Plans

12 Months Ended

Dec. 31, 2016

16.

EMPLOYEE PENSION AND POSTRETIREMENT BENEFIT PLANS

Pension and Postretirement Benefits — Certain of our employees and retirees participate in pension and other postretirement benefit plans. In connection with the acquisition of the Private Brands Business, the Company acquired three pension plans and one postretirement benefit plan. The obligations related to these plans were assumed by the Company at the acquisition date. Employee benefit plan obligations and expenses included in the Consolidated Financial Statements are determined based on plan assumptions, employee demographic data, including years of service and compensation, benefits and claims paid, and employer contributions.

Defined Contribution Plans — Certain of our non-union employees participate in savings and profit sharing plans. These plans generally provide for salary reduction contributions to the plans on behalf of the participants of between 1% and 80% of a participant’s annual compensation and provide for employer matching and profit sharing contributions. The Company established a tax-qualified defined contribution plan to manage the assets. For 2016, 2015, and 2014, the Company made matching contributions to the plan of $18.7 million, $6.7 million, and $6.0 million, respectively.

Multiemployer Pension Plans — The Company contributes to several multiemployer pension plans on behalf of employees covered by collective bargaining agreements. These plans are administered jointly by management and union representatives and cover substantially all full-time and certain part-time union employees who are not covered by other plans. The risks of participating in multiemployer plans are different from single-employer plans in the following aspects: (1) assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers, (2) if a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers, and (3) if the Company chooses to stop participating in a multiemployer plan, we could, under certain circumstances, be liable for unfunded vested benefits or other expenses of jointly administered union/management plans. The Company partially withdrew from the Western Conference of Teamsters Pension Trust Plan as a result of the closure of our City of Industry, California facility during 2016, which was announced in November 2015. The Company is liable for a share of the plan’s unfunded vested benefits. An estimated partial withdrawal liability of approximately $0.8 million was accrued as of December 31, 2015 and 2016. It will not result in a full withdrawal. No other liabilities were established, as withdrawal from the remaining plans is not probable. In 2016, 2015, and 2014, the contributions to these plans, excluding withdrawal payments, were $3.2 million, $1.4 million, and $1.5 million, respectively.

The Company’s participation in multiemployer pension plans is outlined in the table below. The EIN column provides the Employer Identification Number (“EIN”) of each plan. Unless otherwise noted, the most recent Pension Protection Act zone status available in 2016 and 2015 is for the plan’s years ended December 31, 2015, and 2014, respectively. The zone status is based on information that the Company received from the plan, and is certified by the plan’s actuary. Among other factors, plans in the red zone are generally less than 65% funded, plans in the yellow zone are less than 80% funded, and plans in the green zone are at least 80% funded. The FIP column indicates plans for which a financial improvement plan “(“FIP”) is either pending or has been implemented. The last column lists the expiration dates of the collective bargaining agreements to which the plans are subject. The Company began participating in the Bakery and Confectionery Union and Industry International Pension Fund and the Retail, Wholesale and Department Store International Union and Industry Pension Fund in 2016 as a result of the acquisition of the Private Brands Business. There have been no other significant changes in the number of Company employees covered by the multiemployer plans or other significant events that would affect the comparability of contributions to the plans.


Plan Name:					Pension Protection Act Zone Status				FIP Implemented (yes or no)		TreeHouse Foods Contributions (In thousands)						Surcharge Imposed (yes or no)		Expiration Date Of Collective Bargaining Agreement(s)
	EIN Number		Plan Number		Plan Year Ended December 31,						TreeHouse Foods Contributions (In thousands)
	EIN Number		Plan Number		2015		2014				2016		2015		2014
Bakery and Confectionery Union and Industry International Pension Fund		52-6118572		1		Red		Red		Yes	$	1,382		—		—		Yes		12/6/2016, 7/25/2020

Central States Southeast and Southwest Areas Pension Fund		36-6044243		1		Red		Red		Yes	$	740	$	610	$	617		No		12/27/2019

Retail, Wholesale and Department Store International Union and Industry Pension Fund		63-708442		1		Red		Red		Yes	$	461		—		—		Yes		6/15/2019

Rockford Area Dairy Industry Local 754, Intl. Brotherhood of Teamsters Retirement Pension Plan		36-6067654		1		Green		Green		No	$	405	$	416	$	474		No		4/30/2017

Western Conference of Teamsters Pension Fund		91-6145047		1		Green		Green		No	$	168	$	345	$	336		No			(1)

(1)	As described above, the Company closed the City of Industry, California facility during 2016. As a result, there is no collective bargaining agreement related to this plan.

The Company was listed in the following plan’s Form 5500 as providing more than 5.0% of the total contributions for the following plan and plan years:


Plan Name:	Years Contributions to Plan Exceeded More Than 5% of total Contributions (as of December 31 of the Plan’s Year-End)
Rockford Area Dairy Industry Local 754, Intl. Brotherhood of Teamsters Retirement Pension Plan		2016, 2015, and 2014

Defined Benefit Pension Plans — The Company established a tax-qualified pension plan and master trust to manage the portion of the pension plan assets related to eligible salaried, non-union, and union employees not covered by a multiemployer pension plan. We also retain investment consultants to assist our Investment Committee with formulating a long-term investment policy for the master trust. The expected long-term rate of return on assets is based on projecting long-term market returns for the various asset classes in which the plan’s assets are invested, weighted by the target asset allocations. The estimated ranges are primarily based on observations of historical asset returns and their historical volatility. In determining the expected returns, we also consider consensus forecasts of certain market and economic factors that influence returns, such as inflation, gross domestic product trends, and dividend yields. Active management of the plan assets may result in adjustments to the historical returns. We review the rate of return assumption annually.

The Company’s overall investment strategy is to provide a regular and reliable source of income to meet the liquidity needs of the pension plans and minimize reliance on plan sponsor contributions as a source of benefit security. The Company’s investment policy includes various guidelines and procedures designed to ensure assets are invested in a manner necessary to meet expected future benefits earned by participants. Central to the policy are target allocation ranges by major asset classes. The objective of the target allocations is to ensure the assets are invested with the intent to protect pension plan assets so that such assets are preserved for the provision of benefits to participants and their beneficiaries and such long-term growth as may maximize the amounts available to provide such benefits without undue risk. Additionally, we consider the weighted average return of a capital markets model and historical returns on comparable equity, debt, and other investments. Our current asset mix guidelines, under the investment policy, target equities at 55% to 65% of the portfolio and fixed income at 35% to 45%. At December 31, 2016, our master trust was invested as follows: equity securities of 59.8%, fixed income securities of 39.8%, and cash and cash equivalents of 0.4%. Equity securities primarily include investments in collective equity funds that invest in domestic and international securities, with a primary focus on domestic securities. Fixed income securities primarily include investments in collective funds that invest in corporate bonds of companies from diversified industries. Other investments are short term in nature, including certificates of deposit, investments in a collective bond fund that invests in commercial paper, time deposits, fixed rate notes and bonds, and others.

The fair value of the Company’s pension plan assets at December 31, 2016 and 2015 by asset category is as follows:


	Pension Plan Assets
	Fair Value Measurements at
	December 31, (h)
	2016		2015
	(In thousands)
Short Term Investment Fund (a)	$	1,098	$	228
Aggregate Bond Index Fund (b)		63,688		9,945
U.S. Market Cap Equity Index Fund (c)		157,713		24,613
International All Country World Index Fund (d)		22,490		3,421
Collective Daily 1-5 year Credit Bond Fund (e)		50,061		7,787
Emerging Markets Index Fund (f)		9,770		1,417
Daily High Yield Fixed Income Fund (g)		12,768		1,942

	$	317,588	$	49,353

(a)	This fund is an investment vehicle for cash reserves, which seeks to offer a competitive rate of return through a portfolio of high-grade, short term, and money market instruments. Principal preservation is the primary objective of this fund.

(b)	The primary objective of this fund is to hold a portfolio representative of the overall United States bond and debt market, as characterized by the Barclays Capital Aggregate Bond Index.

(c)	The primary objective of this fund is to approximate the risk and return characteristics of the Dow Jones U.S. ex-LP’s Total Stock Market Index.

(d)	The primary objective of this fund is to approximate the risk and return characteristics of the Morgan Stanley All Country World ex-US (MSCI ACWI ex-US) ND Index. This fund is commonly used to represent the non-U.S. equity in developed and emerging markets.

(e)	The primary objective of this fund is to hold a portfolio representative of the intermediate credit securities portion of the United States bond and debt markets, as characterized by the Barclays Capital U.S. 1-5 year Credit Bond Index.

(f)	The primary objective of this fund is to provide investment results that replicate the overall performance of the MSCI Emerging Markets Index. The Fund may make limited use of futures and/or options to maintain equity exposure.

(g)	The primary objective of this fund is to outperform the Barclay’s Capital High Yield Index over a market cycle while maintaining a similar level of volatility and credit quality as the index. This Fund can serve as a core bond investment position, providing exposure to the U.S. Fixed Income market.

(h)	As the fair values of all of these assets are measured using the net asset value per share practical expedient, levels within the fair value hierarchy are not provided for these assets.

Pension benefits for eligible salaried and non-union employees were frozen in 2002 for years of creditable service. For these employees, incremental pension benefits are only earned for changes in compensation affecting final average pay. Pension benefits earned by union employees covered by collective bargaining agreements, but not participating in multiemployer pension plans, are earned based on creditable years of service and the specified benefit amounts negotiated as part of the collective bargaining agreements. The Company’s funding policy provides that annual contributions to the pension plan master trust will be at least equal to the minimum amounts required by Employee Retirement Income Security Act of 1974, as amended. The Company estimates that its 2017 contributions to its pension plans will be $1.0 million. In 2014, the retirement of selected employees with substantial pension balances owed upon retirement was deemed a settlement charge of $0.6 million. The measurement date for the defined benefit pension plans is December 31. In 2016, the actuarial loss relating to the defined benefit pension plans was primarily driven by the change in the discount rate.

Other Postretirement Benefits — Certain employees participate in benefit programs that provide certain health care and life insurance benefits for retired employees and their eligible dependents. The plans are unfunded. The Company estimates that its 2017 contributions to its postretirement benefit plans will be $1.6 million. The measurement date for the other postretirement benefit plans is December 31.

The Company contributes to certain multiemployer postretirement benefit plans other than pensions on behalf of employees covered by collective bargaining agreements. These plans are administered jointly by management and union representatives and cover all eligible retirees. These plans are primarily health and welfare funds and carry the same multiemployer risks as identified at the beginning of this Note. Total contributions to these plans were $2.8 million, $2.6 million, and $2.5 million for the years ended December 31, 2016, 2015, and 2014, respectively.

The following table summarizes information about our pension and postretirement benefit plans for the years ended December 31, 2016 and 2015:


	Pension Benefits						Postretirement Benefits
	2016 (1)			2015			2016 (1)			2015
	(In thousands)						(In thousands)
Change in benefit obligation:
Benefit obligation, at beginning of year	$	67,851		$	67,605		$	3,020		$	3,463
Service cost		4,343			2,374			51			15
Interest cost		15,102			2,850			1,205			144
Acquisitions		303,078			—			28,189			—
Actuarial losses (gains)		6,013			(1,813	)		(1,212	)		(449	)
Benefits paid		(12,259	)		(3,165	)		(1,486	)		(153	)

Benefit obligation, at end of year	$	384,128		$	67,851		$	29,767		$	3,020

Change in plan assets:
Fair value of plan assets, at beginning of year	$	49,353		$	51,312		$	—		$	—
Actual return on plan assets		21,531			(834	)		—			—
Company contributions		3,752			2,040			1,486			153
Acquisitions		255,211			—			—			—
Benefits paid		(12,259	)		(3,165	)		(1,486	)		(153	)

Fair value of plan assets, at end of year	$	317,588		$	49,353		$	—		$	—

Funded status of the plan	$	(66,540	)	$	(18,498	)	$	(29,767	)	$	(3,020	)

Amounts recognized in the Consolidated Balance Sheets:
Current liability	$	(696	)	$	—		$	(1,634	)	$	(171	)
Non-current liability		(65,844	)		(18,498	)		(28,133	)		(2,849	)

Net amount recognized	$	(66,540	)	$	(18,498	)	$	(29,767	)	$	(3,020	)

Amounts recognized in Accumulated other comprehensive loss:
Net actuarial loss (gain)	$	19,403		$	19,785		$	(1,043	)	$	162
Prior service cost		1,167			1,374			(100	)		(168	)

Total, before tax effect	$	20,570		$	21,159		$	(1,143	)	$	(6	)


	Pension Benefits
	2016			2015
	(In thousands)
Accumulated benefit obligation	$	375,952		$	65,323

Weighted average assumptions used to determine the pension benefit obligations:
Discount rate		4.25	%		4.50	%
Rate of compensation increases		3.00% - 4.00	%		3.00% - 4.00	%

(1)	The amounts recorded in 2016 include the plans acquired as part of the acquisition of the Private Brands Business.

The key actuarial assumptions used to determine the postretirement benefit obligations as of December 31, 2016 and 2015 are as follows:


	2016						2015
	Pre-65			Post 65			Pre-65			Post 65
Health care cost trend rates:
Health care cost trend rate for next year		8.00	%		7.00	%		8.00	%		7.50	%
Ultimate rate		5.00	%		5.00	%		5.00	%		5.00	%
Discount rate		4.25	%		4.25	%		4.50	%		4.50	%
Year ultimate rate achieved		2023			2023			2024			2023

The following table summarizes the net periodic cost of our pension and postretirement benefit plans for the years ended December 31, 2016, 2015, and 2014:


	Pension Benefits									Postretirement Benefits
	2016			2015			2014			2016			2015			2014
	(In thousands)									(In thousands)
Components of net periodic costs:
Service cost	$	4,343		$	2,374		$	2,107		$	51		$	15		$	17
Interest cost		15,102			2,850			2,772			1,205			144			153
Expected return on plan assets		(16,563	)		(3,064	)		(3,217	)		—			—			—
Amortization of unrecognized prior service cost		207			207			207			(68	)		(68	)		(68	)
Amortization of unrecognized net loss (gain)		1,427			1,528			663			(7	)		48			18
ASC 715 settlement charge		—			—			564			—			—			—

Net periodic cost	$	4,516		$	3,895		$	3,096		$	1,181		$	139		$	120


	Pension Benefits									Postretirement Benefits
	2016			2015			2014			2016			2015			2014
Weighted average assumptions used to determine the periodic benefit costs:
Discount rate		4.50	%		4.25	%		4.50% - 5.00	%		4.50	%		4.25	%		5.00	%
Rate of compensation increases		3.00% - 4.00	%		3.00% - 4.00	%		3.00% - 4.00	%		—			—			—
Expected return on plan assets		6.00	%		6.00	%		6.50	%		—			—			—

The estimated amount that will be amortized from accumulated other comprehensive loss into net periodic cost in 2017 is as follows:


	Pension		Postretirement
	(In thousands)
Net actuarial loss (gain)	$	1,510	$	(2	)
Prior service cost	$	205	$	(68	)

Estimated future pension and postretirement benefit payments from the plans are as follows:


	Pension Benefit		Postretirement Benefit
	(In thousands)
2017	$	19,311	$	1,634
2018	$	19,995	$	1,690
2019	$	20,195	$	1,715
2020	$	21,176	$	1,728
2021	$	21,966	$	1,779
2022-26	$	115,984	$	9,375

The effect of a 1% change in health care trend rates would have the following effects on the postretirement benefit plan:


	2016
	(In thousands)
1% Increase:
Benefit obligation, end of year	$	2,963
Service cost plus interest cost for the year	$	126
1% Decrease:
Benefit obligation, end of year	$	(2,517	)
Service cost plus interest cost for the year	$	(108	)

Most of our employees are not eligible for postretirement medical benefits and of those that are, the majority are covered by a multi-employer plan in which expenses are paid as incurred. The effect on those covered by plans for which we maintain a liability was not significant.

Other Operating Expense, Net

12 Months Ended

Dec. 31, 2016

Other Operating Expense, Net

17.

OTHER OPERATING EXPENSE, NET

The Company incurred other operating expense for the years ended December 31, 2016, 2015, and 2014, respectively, which consisted of the following:


	Year Ended December 31,
	2016		2015		2014
	(In thousands)
Restructuring	$	13,542	$	1,817	$	2,421
Other		1,181		—		—

Total other operating expense, net	$	14,723	$	1,817	$	2,421

Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2016

Supplemental Cash Flow Information

18.

SUPPLEMENTAL CASH FLOW INFORMATION


	Year Ended December 31,
	2016		2015		2014
	(In thousands)
Interest paid	$	92,957	$	41,940	$	43,598
Income taxes paid	$	60,214	$	50,059	$	50,590
Accrued purchase of property and equipment	$	20,203	$	6,925	$	7,497
Accrued other intangible assets	$	8,276	$	1,988	$	2,005

Non-cash financing activities for the years ended December 31, 2016, 2015, and 2014 included $27.2 million, $20.0 million, and $13.4 million, respectively, related to the vesting of restricted stock, restricted stock units, and performance stock units.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies

19.

COMMITMENTS AND CONTINGENCIES

We lease certain property, plant, equipment, and distribution warehouses used in our operations under both capital and operating lease agreements. These leases have terms ranging from one to forty-one years. Rent expense under operating lease commitments was $53.2 million, $31.9 million, and $28.3 million for the years ended December 31, 2016, 2015, and 2014, respectively.

The composition of capital leases, which are reflected as Property, plant, and equipment in the Consolidated Balance Sheets, is as follows:


	December 31,
	2016			2015
	(In thousands)
Machinery and equipment	$	17,418		$	13,926
Less accumulated amortization		(8,176	)		(6,157	)

Total	$	9,242		$	7,769

Future minimum payments at December 31, 2016 under non-cancelable capital leases, operating leases, and unconditional purchase obligations, including input costs such as raw materials, ingredients, and packaging, are summarized as follows:


	Capital			Operating		Unconditional Purchase
	Leases			Leases		Obligations
	(In thousands)
2017	$	3,106		$	40,103	$	82,840
2018		846			33,703		82,946
2019		833			25,369		20,767
2020		82			21,954		6,657
2021		62			17,923		6,856
Thereafter		33			68,960		7,061

Total minimum payments		4,962		$	208,012	$	207,127

Less amount representing interest		(208	)

Present value of capital lease obligations	$	4,754

Litigation, Investigations, and Audits — On November 16, 2016, a purported TreeHouse shareholder filed a putative class action captioned Tarara v. TreeHouse Foods, Inc., et al., Case No. 1:16-cv-10632, in the United States District Court for the Northern District of Illinois against TreeHouse and certain of its officers. This complaint, purportedly brought on behalf of all purchasers of TreeHouse common stock from February 1, 2016 through and including November 2, 2016, asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder and seeks, among other things, damages and costs and expenses. On December 22, 2016, another purported TreeHouse shareholder filed an action captioned Wells v. Reed, et al., Case No. 2016-CH-16359, in the Circuit Court of Cook County, Illinois, against TreeHouse and certain of its officers. This complaint, purportedly brought derivatively on behalf of TreeHouse, asserts state law claims against certain officers for breach of fiduciary duty, unjust enrichment, and corporate waste. On February 7, 2017, another purported TreeHouse shareholder filed an action captioned Lavin v. Reed, Case No. 17-cv-01014, in the Northern District of Illinois, against TreeHouse and certain of its officers. This complaint, like Wells, is purportedly brought derivatively on behalf of TreeHouse, and it asserts state law claims against certain officers for breach of fiduciary duty, unjust enrichment, abuse of control, gross mismanagement, and corporate waste.

All three complaints make substantially similar allegations. Specifically, the complaints allege that TreeHouse, under the authority and control of the individual defendants: (i) made certain false and misleading statements regarding the Company’s business, operations, and future prospects; and (ii) failed to disclose that (a) the Company’s private label business was underperforming; (b) the Company’s acquisition strategy was underperforming; (c) the Company had overstated its full-year 2016 guidance; and (d) TreeHouse’s statements lacked reasonable basis. The complaints allege that these actions artificially inflated the market price of TreeHouse common stock during the class period, thus purportedly harming investors. We believe that these claims are without merit and intend to defend against them vigorously.

In addition, the Company is party in the ordinary course of business to certain claims, litigation, audits, and investigations. The Company believes it has established adequate accruals for liabilities that are probable and reasonably estimable that may be incurred in connection with any such currently pending or threatened matter, none of which are significant. In the Company’s opinion, the settlement of any such currently pending or threatened matter is not expected to have a material impact on the Company’s financial position, results of operations, or cash flows.

Derivative Instruments

12 Months Ended

Dec. 31, 2016

Derivative Instruments

20.

DERIVATIVE INSTRUMENTS

The Company is exposed to certain risks relating to its ongoing business operations. The primary risks managed by derivative instruments include interest rate risk, foreign currency risk, and commodity price risk. Derivative contracts are entered into for periods consistent with the related underlying exposure and do not constitute positions independent of those exposures. The Company does not enter into derivative instruments for trading or speculative purposes.

Interest Rate Risk — The Company manages its exposure to changes in interest rates by optimizing the use of variable-rate and fixed-rate debt and by utilizing interest rate swaps to hedge our exposure to changes in interest rates, to reduce the volatility of our financing costs, and to achieve a desired proportion of fixed versus floating-rate debt, based on current and projected market conditions, with a bias toward fixed-rate debt.

In June 2016, the Company entered into $500 million of long-term interest rate swap agreements to lock into a fixed LIBOR interest rate base. Under the terms of the agreements, $500 million in variable-rate debt was swapped for a weighted average fixed interest rate base of approximately 0.86% for a period of 37 months, beginning on January 31, 2017 and ending on February 28, 2020. These agreements do not qualify for hedge accounting and changes in their fair value are recorded in the Consolidated Statements of Operations, with their fair value recorded on the Consolidated Balance Sheets.

Foreign Currency Risk — Due to the Company’s foreign operations, we are exposed to foreign currency risk. The Company enters into foreign currency contracts to manage the risk associated with foreign currency cash flows. The Company’s objective in using foreign currency contracts is to establish a fixed foreign currency exchange rate for the net cash flow requirements for purchases that are denominated in U.S. dollars. These contracts do not qualify for hedge accounting and changes in their fair value are recorded in the Consolidated Statements of Operations, with their fair value recorded on the Consolidated Balance Sheets. As of December 31, 2016, the Company had $23.0 million of U.S. dollar foreign currency contracts outstanding, expiring throughout 2017.

Commodity Risk — Certain commodities we use in the production and distribution of our products are exposed to market price risk. The Company utilizes derivative contracts to manage this risk. The majority of commodity forward contracts are not derivatives, and those that are generally qualify for the normal purchases and normal sales scope exception under the guidance for derivative instruments and hedging activities and, therefore, are not subject to its provisions. For derivative commodity contracts that do not qualify for the normal purchases and normal sales scope exception, the Company records their fair value on the Consolidated Balance Sheets, with changes in value being recorded in the Consolidated Statements of Operations.

The Company’s derivative commodity contracts may include contracts for diesel, oil, plastics, natural gas, electricity, and other commodity contracts that do not meet the requirements for the normal purchases and normal sales scope exception.

Diesel contracts are used to manage the Company’s risk associated with the underlying cost of diesel fuel used to deliver products. Contracts for oil and plastics are used to manage the Company’s risk associated with the underlying commodity cost of a significant component used in packaging materials. Contracts for natural gas and electricity are used to manage the Company’s risk associated with the utility costs of its manufacturing facilities, and commodity contracts that are derivatives that do not meet the normal purchases and normal sales scope exception are used to manage the price risk associated with raw material costs. As of December 31, 2016, the Company had outstanding contracts for the purchase of 54,353 megawatts of electricity, expiring throughout 2017; 3.5 million gallons of diesel, expiring throughout early 2017; 1.0 million dekatherms of natural gas, expiring throughout 2017; 0.9 million bushels of corn, expiring throughout early 2017; and 16.0 million pounds of soybean oil, expiring throughout 2017.

The following table identifies the derivative, its fair value, and location on the Consolidated Balance Sheets:


		Fair Value
		December 31,
		2016		2015
	Balance Sheet Location	(In thousands)
Asset Derivatives:
Commodity contracts	Prepaid expenses and other current assets	$	987	$	—
Foreign currency contracts	Prepaid expenses and other current assets		690		1,356
Interest rate swap agreements	Prepaid expenses and other current assets		10,444		—

		$	12,121	$	1,356

Liability Derivatives:
Commodity contracts	Accounts payable and accrued expenses	$	456	$	3,778

		$	456	$	3,778

We recorded the following gains and losses on our derivative contracts in the Consolidated Statements of Operations:


		Year Ended
		December 31,
	Location of Gain (Loss) Recognized in Net (Loss) Income	2016			2015
		(In thousands)
Mark-to-market unrealized gain (loss):
Commodity contracts	Other (income) expense, net	$	4,309		$	(734	)
Foreign currency contracts	Other (income) expense, net		(666	)		1,356
Interest rate swap agreements	Other (income) expense, net		10,444			—

Total unrealized gain			14,087			622
Realized gain (loss):
Commodity contracts	Manufacturing related to cost of sales and transportation related to selling and distribution		(484	)		(5,169	)
Foreign currency contracts	Cost of sales		(1,780	)		3,821

Total realized (loss)			(2,264	)		(1,348	)

Total gain (loss)		$	11,823		$	(726	)

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41620-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579240-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4D
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624177-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35736893&loc=d3e80784-113994

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41641-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579245-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4H
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624258-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35736893&loc=d3e80748-113994

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5708775-113959

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5708773-113959

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5580258-113959

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624181-113959

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41638-113959

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Fair Value

12 Months Ended

Dec. 31, 2016

Fair Value

21.

FAIR VALUE

The following table presents the carrying value and fair value of our financial instruments as of December 31, 2016 and 2015:


	December 31, 2016						December 31, 2015
	Carrying Value			Fair Value			Carrying Value			Fair Value			Level
	(In thousands)						(In thousands)
Not recorded at fair value (liability):
Revolving Credit Facility	$	(170,000	)	$	(167,104	)	$	(353,000	)	$	(352,932	)		2
Term Loan A	$	(288,000	)	$	(288,101	)	$	(295,500	)	$	(294,327	)		2
Term Loan A-1	$	(180,000	)	$	(180,291	)	$	(190,000	)	$	(190,200	)		2
Term Loan A-2	$	(1,005,781	)	$	(1,007,409	)	$	—		$	—			2
2022 Notes	$	(400,000	)	$	(410,000	)	$	(400,000	)	$	(383,000	)		2
2024 Notes	$	(775,000	)	$	(809,875	)	$	—		$	—			2
Recorded on a recurring basis at fair value (liability) asset:
Commodity contracts	$	531		$	531		$	(3,778	)	$	(3,778	)		2
Foreign currency contracts	$	690		$	690		$	1,356		$	1,356			2
Interest rate swap agreements	$	10,444		$	10,444		$	—		$	—			2
Investments	$	10,419		$	10,419		$	8,388		$	8,388			1

Cash and cash equivalents and accounts receivable are financial assets with carrying values that approximate fair value. Accounts payable are financial liabilities with carrying values that approximate fair value.

The fair value of the Revolving Credit Facility, Term Loan A, Term Loan A-1, Term Loan A-2, 2022 Notes, 2024 Notes, commodity contracts, foreign currency contracts, and interest rate swap agreements are determined using Level 2 inputs. Level 2 inputs are inputs other than quoted market prices that are observable for an asset or liability, either directly or indirectly. The fair values of the Revolving Credit Facility, Term Loan A, Term Loan A-1, and Term Loan A-2 were estimated using present value techniques and market based interest rates and credit spreads. The fair values of the Company’s 2022 Notes and 2024 Notes were estimated based on quoted market prices for similar instruments, where the inputs are considered Level 2, due to their infrequent trading volume. The fair values of the commodity contracts, foreign currency contracts, and interest rate swap agreements are based on an analysis comparing the contract rates to the market rates at the balance sheet date. The commodity contracts, foreign currency contracts, and interest rate swap agreements are recorded at fair value on the Consolidated Balance Sheets.

The fair value of the investments was determined using Level 1 inputs. Level 1 inputs are quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement dates. The investments are recorded at fair value on the Consolidated Balance Sheets.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

Segment and Geographic Information and Major Customers

Segment and Geographic Information and Major Customers

12 Months Ended

Dec. 31, 2016

22.

SEGMENT AND GEOGRAPHIC INFORMATION AND MAJOR CUSTOMERS

The Company manages operations on a company-wide basis, thereby making determinations as to the allocation of resources in total rather than on a segment-level basis. The Company has designated reportable segments based on how management views its business. The Company does not segregate assets between segments for internal reporting. Therefore, asset-related information has not been presented. The reportable segments, as presented below, are consistent with the manner in which the Company reports its results to the Chief Operating Decision Maker. Our segments are as follows:

North American Retail Grocery – Our North American Retail Grocery segment sells branded and private label products to customers within the United States and Canada. These products include non-dairy powdered creamers; sweeteners; condensed, ready to serve, and powdered soups, broths, and gravies; refrigerated and shelf stable salad dressings and sauces; mayonnaise; pickles and related products; Mexican, barbeque, and other sauces; table and flavored syrups; jams, preserves, jellies, and pie fillings; aseptic products; liquid non-dairy creamer; powdered drinks; single serve hot beverages; specialty teas; ready-to-eat and hot cereals; baking and mix powders; macaroni and cheese; pasta; skillet dinners; in-store bakery products; refrigerated dough; retail griddle waffles, pancakes and French toast; cookies, crackers, pretzels, pita chips, and candy; snack nuts, bars, trail mixes, cereal snack mixes, fruit snacks, dried fruit, and other wholesome snacks.

Food Away From Home – Our Food Away From Home segment sells non-dairy powdered creamers; sweeteners; pickles and related products; Mexican, barbeque, and other sauces; table and flavored syrups; refrigerated and shelf stable dressings; mayonnaise; aseptic products; ready-to-eat and hot cereals; pasta; retail bakery products; cookies, crackers, pretzels, and candy; powdered drinks; and single serve hot beverages to foodservice customers, including restaurant chains and food distribution companies, within the United States and Canada.

Industrial and Export – Our Industrial and Export segment includes the Company’s co-pack business and non-dairy powdered creamer sales to industrial customers for use in industrial applications, including products for repackaging in portion control packages and for use as ingredients by other food manufacturers. This segment primarily sells non-dairy powdered creamer; baking and mix powders; pickles and related products; refrigerated and shelf stable salad dressings; Mexican and barbeque sauces; aseptic products; soup and infant feeding products; ready-to-eat and hot cereals; powdered drinks; single serve hot beverages; specialty teas; pasta; retail griddle waffles, pancakes, and French toast; cookies, crackers, pretzels, and candy; snack nuts; and other products. Export sales are primarily to industrial customers outside of North America.

The Company evaluates the performance of its segments based on net sales dollars and direct operating income (gross profit less freight out, sales commissions, and direct selling and marketing expenses). The amounts in the following tables are obtained from reports used by senior management and do not include income taxes. Other expenses not allocated include unallocated selling and distribution expenses, unallocated costs of sales and unallocated corporate expenses. The accounting policies of our segments are the same as those described in the summary of significant accounting policies set forth in Note 1.

Financial information relating to the Company’s reportable segments is as follows:


	Year Ended December 31,
	2016			2015			2014
	(In thousands)
Net sales to external customers:
North American Retail Grocery	$	5,092,930		$	2,437,768		$	2,173,391
Food Away From Home		546,655			370,360			380,069
Industrial and Export		545,425			398,277			392,642
Unallocated		(9,922	)		—			—

Total	$	6,175,088		$	3,206,405		$	2,946,102

Direct operating income:
North American Retail Grocery	$	655,940		$	348,827		$	326,943
Food Away From Home		70,179			52,057			47,107
Industrial and Export		66,429			72,020			68,109

Total		792,548			472,904			442,159
Unallocated selling and distribution expenses		(37,422	)		(8,934	)		(9,159	)
Unallocated cost of sales (1)		(24,575	)		(170	)		(998	)
Unallocated corporate expense and other (2)		(827,343	)		(224,064	)		(213,848	)

Operating (loss) income		(96,792	)		239,736			218,154
Other expense		(98,571	)		(68,472	)		(81,584	)

(Loss) income before income taxes	$	(195,363	)	$	171,264		$	136,570

Depreciation:
North American Retail Grocery	$	135,628		$	41,953		$	40,220
Food Away From Home		14,026			8,581			8,472
Industrial and Export		15,780			7,047			6,266
Corporate office (3)		12,932			3,888			8,323

Total	$	178,366		$	61,469		$	63,281

(1)	Includes charges related to restructurings and other costs managed at corporate.

(2)	Includes impairments of goodwill and other intangible assets.

(3)	Includes accelerated depreciation related to restructurings.

Geographic Information — The Company had revenues from customers outside of the United States of approximately 8.7%, 11.9%, and 12.4% of total consolidated net sales in 2016, 2015, and 2014, respectively, with 6.9%, 10.8%, and 11.3% of total consolidated net sales going to Canada in 2016, 2015, and 2014, respectively. Sales are determined based on the customer destination where the products are shipped.

Long-lived assets consist of net property, plant, and equipment. The geographic location of long-lived assets is as follows:


	December 31,
	2016		2015
	(In thousands)
Long-lived assets:
United States	$	1,212,144	$	496,933
Canada		128,845		44,595
Other		18,331		—

Total	$	1,359,320	$	541,528

Major Customers — Walmart Stores, Inc. and affiliates accounted for approximately 18.7%, 20.7%, and 18.8% of consolidated net sales in 2016, 2015, and 2014, respectively. Sales to Walmart Stores, Inc. and affiliates are included in our North American Retail Grocery segment. No other customer accounted for more than 10% of our consolidated net sales.

Total trade receivables with Walmart Stores, Inc. and affiliates represented approximately 18.6% and 21.9% of our total trade receivables as of December 31, 2016 and 2015, respectively.

Product Information — The following table presents the Company’s net sales by major products. In 2016, as a result of the acquisition of the Private Brands Business, the Company made the following changes to its product categories: (1) Snacks was renamed Snack nuts and now includes the bars, fruit snacks, and cereal snack mixes from the Private Brands Business, (2) Dry dinners was renamed Pasta and dry dinners and now includes the dry pasta from the Private Brands Business, (3) Mexican and other sauces was renamed Sauces and now includes the sauces from the Private Brands Business, (4) Cookies and crackers was added to include the crackers, cookies, pretzels, pita chips, and candy from the Private Brands Business, and (5) Retail bakery was added to include the in-store bakery products, refrigerated dough, frozen griddle products (pancakes, waffles, and French toast), frozen bread products (breads, rolls, and biscuits), dessert products (frozen cookies and frozen cookie dough), and dry bakery mixes from the Private Brands Business. These changes did not require prior period adjustments.


	Year Ended December 31,
	2016		2015		2014
			(In thousands)
Products:
Snack nuts	$	1,334,426	$	657,993	$	287,281
Retail bakery		662,719		—		—
Cookies and crackers		607,855		—		—
Cereals		551,568		159,761		168,739
Pasta and dry dinners		543,811		123,600		139,285
Beverages		492,189		433,828		499,829
Salad dressings		376,318		351,577		361,859
Soup and infant feeding		372,749		381,444		351,917
Sauces		336,194		222,873		248,979
Pickles		318,066		316,176		302,621
Beverage enhancers		313,273		338,190		359,179
Jams		107,816		51,203		53,058
Aseptic products		101,384		107,723		102,635
Other products		56,720		62,037		70,720

Total net sales	$	6,175,088	$	3,206,405	$	2,946,102

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Quarterly Results of Operations

Quarterly Results of Operations

12 Months Ended

Dec. 31, 2016

23.

QUARTERLY RESULTS OF OPERATIONS (unaudited)

The following is a summary of our unaudited quarterly results of operations for 2016 and 2015:


	Quarter
	First (2) (3)			Second (3)		Third (3)		Fourth (4)
	(In thousands, except per share data)
Fiscal 2016
Net sales	$	1,270,173		$	1,541,389	$	1,586,850	$	1,776,676
Gross profit		224,563			265,806		285,533		349,480
(Loss) income before income taxes		(4,780	)		22,175		52,608		(265,366	)
Net (loss) income		(3,140	)		18,965		37,404		(281,823	)
Net (loss) income per common share:
Basic (1)		(0.06	)		0.34		0.66		(4.96	)
Diluted (1)		(0.06	)		0.33		0.65		(4.96	)
Fiscal 2015
Net sales	$	783,145		$	759,208	$	798,638	$	865,414
Gross profit		152,437			151,371		158,697		181,798
Income before income taxes		25,801			47,787		40,275		57,401
Net income		17,852			31,362		28,441		37,255
Net income per common share:
Basic (1)		0.42			0.73		0.66		0.86
Diluted (1)		0.41			0.72		0.65		0.85

(1)	Due to rounding and the issuance of shares on January 26, 2016, the sum of the four quarters may not be the same as the total for the year.

(2)	The Company acquired the Private Brands Business on February 1, 2016.

(3)

As described in Note 2, the Company elected to early adopt ASU 2016-09 during the fourth quarter of 2016, resulting in the recognition of $4.3 million in excess tax benefits related to share-based payments, which are included in the Income taxes line of the Consolidated Statements of Operations. The quarterly results for the first three quarters of 2016 have been recast to reflect the adoption of the ASU as of January 1, 2016, resulting in income tax benefits of $0.2 million, $3.3 million, and $0.2 million in the first, second, and third quarters of 2016, respectively. The effect of the adoption was an increase in net (loss) income by the amounts indicated for each quarter. The effect on basic net (loss) income per common share was $0.06 and $0.01 for the second and third quarters of 2016, respectively. The effect on diluted net (loss) income per common share was $0.06 for the second quarter of 2016. The adoption had no basic or diluted net (loss) income per common share impact in the first quarter of 2016, and no diluted net (loss) income per common share impact in the third quarter of 2016.

(4)	As described in Note 8, the Company recorded goodwill and other intangible asset impairment losses of $352.2 million in the fourth quarter of 2016, which are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations.

Guarantor and Non-Guarantor Financial Information

12 Months Ended

Dec. 31, 2016

Guarantor and Non-Guarantor Financial Information

24.

GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION

The Company’s 2022 Notes and 2024 Notes are guaranteed fully and unconditionally, as well as jointly and severally, by its Guarantor Subsidiaries. The guarantees of the Guarantor Subsidiaries are subject to release in limited circumstances, only upon the occurrence of certain customary conditions. As described in Note 11, Protenergy Holdings, Inc. and Protenergy Natural Foods, Inc. were added as Guarantor Subsidiaries in the first quarter of 2016. Additionally, in connection with the acquisition of the Private Brands Business, TreeHouse Private Brands, Inc. (formerly Ralcorp Holdings, Inc.); American Italian Pasta Co.; Nutcracker Brands; Linette Quality Chocolates; Ralcorp Frozen Bakery Products, Inc.; Cottage Bakery, Inc.; and The Carriage House Companies, Inc. were added as guarantors during the first quarter of 2016. There are no significant restrictions on the ability of the parent company or any guarantor to obtain funds from its subsidiaries by dividend or loan. The following supplemental consolidating financial information presents the results of operations, financial position, and cash flows of the parent company, its Guarantor Subsidiaries, its non-guarantor subsidiaries and the eliminations necessary to arrive at the information for the Company on a consolidated basis as of December 31, 2016 and 2015, and for the years ended December 31, 2016, 2015, and 2014. The equity method has been used with respect to investments in subsidiaries. The principal elimination entries eliminate investments in subsidiaries and intercompany balances and transactions. As a result of the addition of the guarantors noted above, the following supplemental consolidating financial information has been recast for prior periods as if the new guarantor structure existed for all periods presented, as of the acquisition dates of the respective guarantors.

Condensed Supplemental Consolidating Balance Sheet

December 31, 2016

(In thousands)


	Parent Company		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—	$	236		$	61,875		$	—		$	62,111
Investments		—		—			10,419			—			10,419
Accounts receivable, net		—		372,945			56,088			—			429,033
Inventories, net		—		869,563			108,474			—			978,037
Assets held for sale		—		3,562			—			—			3,562
Prepaid expenses and other current assets		23,570		36,652			17,365			—			77,587

Total current assets		23,570		1,282,958			254,221			—			1,560,749
Property, plant, and equipment, net		31,276		1,181,013			147,031			—			1,359,320
Goodwill		—		2,330,823			116,418			—			2,447,241
Investment in subsidiaries		5,031,514		519,353			—			(5,550,867	)		—
Intercompany accounts receivable (payable), net		199,593		(196,929	)		(2,664	)		—			—
Deferred income taxes		20,746		—			—			(20,746	)		—
Intangible and other assets, net		53,921		1,018,004			106,587			—			1,178,512

Total assets	$	5,360,620	$	6,135,222		$	621,593		$	(5,571,613	)	$	6,545,822

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable and accrued expenses	$	61,257	$	493,090		$	72,426		$	—		$	626,773
Current portion of long-term debt		63,115		3,195			111			—			66,421

Total current liabilities		124,372		496,285			72,537			—			693,194
Long-term debt		2,722,332		2,187			241			—			2,724,760
Deferred income taxes		—		418,268			24,637			(20,746	)		422,159
Other long-term liabilities		10,592		186,968			4,825			—			202,385
Stockholders’ equity		2,503,324		5,031,514			519,353			(5,550,867	)		2,503,324

Total liabilities and stockholders’ equity	$	5,360,620	$	6,135,222		$	621,593		$	(5,571,613	)	$	6,545,822

Condensed Supplemental Consolidating Balance Sheet

December 31, 2015

(In thousands)


	Parent Company		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	10,384	$	91		$	24,444		$	—		$	34,919
Investments		—		—			8,388			—			8,388
Accounts receivable, net		17		182,524			20,657			—			203,198
Inventories, net		—		510,255			73,860			—			584,115
Prepaid expenses and other current assets		17,625		6,608			8,968			(16,618	)		16,583

Total current assets		28,026		699,478			136,317			(16,618	)		847,203
Property, plant, and equipment, net		26,294		470,639			44,595			—			541,528
Goodwill		—		1,526,004			123,790			—			1,649,794
Investment in subsidiaries		2,411,532		338,849			—			(2,750,381	)		—
Intercompany accounts receivable (payable), net		582,267		(553,408	)		(28,859	)		—			—
Deferred income taxes		18,092		—			—			(18,092	)		—
Intangible and other assets, net		46,041		504,127			114,103			—			664,271

Total assets	$	3,112,252	$	2,985,689		$	389,946		$	(2,785,091	)	$	3,702,796

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable and accrued expenses	$	16,526	$	239,316		$	21,356		$	(16,618	)	$	260,580
Current portion of long-term debt		11,621		3,116			156			—			14,893

Total current liabilities		28,147		242,432			21,512			(16,618	)		275,473
Long-term debt		1,219,011		2,398			332			—			1,221,741
Deferred income taxes		—		272,910			24,290			(18,092	)		279,108
Other long-term liabilities		10,235		56,417			4,963			—			71,615
Stockholders’ equity		1,854,859		2,411,532			338,849			(2,750,381	)		1,854,859

Total liabilities and stockholders’ equity	$	3,112,252	$	2,985,689		$	389,946		$	(2,785,091	)	$	3,702,796

Condensed Supplemental Consolidating Statement of Operations

Year Ended December 31, 2016

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	5,838,973		$	646,281		$	(310,166	)	$	6,175,088
Cost of sales		—			4,810,217			549,655			(310,166	)		5,049,706

Gross profit		—			1,028,756			96,626			—			1,125,382
Selling, general, and administrative expense		132,377			553,599			59,360			—			745,336
Amortization expense		9,450			91,152			9,270			—			109,872
Impairment of goodwill and other intangible assets		—			337,230			15,013			—			352,243
Other operating expense, net		—			12,668			2,055			—			14,723

Operating (loss) income		(141,827	)		34,107			10,928			—			(96,792	)
Interest expense		118,208			266			5,458			(4,777	)		119,155
Interest income		(2,235	)		(5,159	)		(1,568	)		4,777			(4,185	)
Other expense (income), net		(10,449	)		537			(6,487	)		—			(16,399	)

(Loss) income before income taxes		(247,351	)		38,463			13,525			—			(195,363	)
Income taxes (benefit)		(94,528	)		134,387			(6,628	)		—			33,231
Equity in net (loss) income of subsidiaries		(75,771	)		20,153			—			55,618			—

Net (loss) income	$	(228,594	)	$	(75,771	)	$	20,153		$	55,618		$	(228,594	)

Condensed Supplemental Consolidating Statement of Operations

Year Ended December 31, 2015

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	3,023,048		$	419,190		$	(235,833	)	$	3,206,405
Cost of sales		—			2,434,130			363,805			(235,833	)		2,562,102

Gross profit		—			588,918			55,385			—			644,303
Selling, general, and administrative expense		73,201			233,731			35,220			—			342,152
Amortization expense		8,097			42,626			9,875			—			60,598
Other operating expense, net		—			1,817			—			—			1,817

Operating (loss) income		(81,298	)		310,744			10,290			—			239,736
Interest expense		43,808			354			6,976			(5,664	)		45,474
Interest income		(1,450	)		(5,664	)		(1,517	)		5,664			(2,967	)
Other expense (income), net		(7	)		20,311			5,661			—			25,965

(Loss) income before income taxes		(123,649	)		295,743			(830	)		—			171,264
Income taxes (benefit)		(47,215	)		105,745			(2,176	)		—			56,354
Equity in net income (loss) of subsidiaries		191,344			1,346			—			(192,690	)		—

Net income (loss)	$	114,910		$	191,344		$	1,346		$	(192,690	)	$	114,910

Condensed Supplemental Consolidating Statement of Operations

Year Ended December 31, 2014

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	2,617,998		$	493,501		$	(165,397	)	$	2,946,102
Cost of sales		—			2,081,994			422,901			(165,397	)		2,339,498

Gross profit		—			536,004			70,600			—			606,604
Selling, general, and administrative expense		68,632			222,158			42,605			—			333,395
Amortization expense		6,521			35,817			10,296			—			52,634
Other operating expense, net		—			2,365			56			—			2,421

Operating (loss) income		(75,153	)		275,664			17,643			—			218,154
Interest expense		41,316			667			3,924			(3,871	)		42,036
Interest income		(2	)		(3,900	)		(959	)		3,871			(990	)
Loss on extinguishment of debt		22,019			—			—			—			22,019
Other expense (income), net		22			11,247			7,250			—			18,519

(Loss) income before income taxes		(138,508	)		267,650			7,428			—			136,570
Income taxes (benefit)		(51,761	)		99,780			(1,329	)		—			46,690
Equity in net income (loss) of subsidiaries		176,627			8,757			—			(185,384	)		—

Net income (loss)	$	89,880		$	176,627		$	8,757		$	(185,384	)	$	89,880

Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss)

Year Ended December 31, 2016

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated
Net (loss) income	$	(228,594	)	$	(75,771	)	$	20,153	$	55,618		$	(228,594	)
Other comprehensive income:
Foreign currency translation adjustments		—			—			11,123		—			11,123
Pension and postretirement reclassification adjustment, net of tax		—			1,070			—		—			1,070

Other comprehensive income		—			1,070			11,123		—			12,193
Equity in other comprehensive income (loss) of subsidiaries		12,193			11,123			—		(23,316	)		—

Comprehensive (loss) income	$	(216,401	)	$	(63,578	)	$	31,276	$	32,302		$	(216,401	)

Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss)

Year Ended December 31, 2015

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	114,910		$	191,344		$	1,346		$	(192,690	)	$	114,910
Other comprehensive income (loss):
Foreign currency translation adjustments		—			—			(49,186	)		—			(49,186	)
Pension and postretirement reclassification adjustment, net of tax		—			49			—			—			49

Other comprehensive income (loss)		—			49			(49,186	)		—			(49,137	)
Equity in other comprehensive income (loss) of subsidiaries		(49,137	)		(49,186	)		—			98,323			—

Comprehensive income (loss)	$	65,773		$	142,207		$	(47,840	)	$	(94,367	)	$	65,773

Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss)

Year Ended December 31, 2014

(In thousands)


	Parent			Guarantor			Non-Guarantor
	Company			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	89,880		$	176,627		$	8,757		$	(185,384	)	$	89,880
Other comprehensive income (loss):
Foreign currency translation adjustments		—			—			(26,637	)		—			(26,637	)
Pension and postretirement reclassification adjustment, net of tax		—			(5,931	)		—			—			(5,931	)

Other comprehensive income (loss)		—			(5,931	)		(26,637	)		—			(32,568	)
Equity in other comprehensive income (loss) of subsidiaries		(32,568	)		(26,637	)		—			59,205			—

Comprehensive income (loss)	$	57,312		$	144,059		$	(17,880	)	$	(126,179	)	$	57,312

Condensed Supplemental Consolidating Statement of Cash Flows

Year Ended December 31, 2016

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	(201,183	)	$	609,399		$	13,722		$	56,675		$	478,613
Cash flows from investing activities:
Additions to property, plant, and equipment		(6,971	)		(151,473	)		(16,787	)		—			(175,231	)
Additions to intangible assets		(9,743	)		(2,101	)		—			—			(11,844	)
Intercompany transfer		420,141			(117,771	)		—			(302,370	)		—
Acquisitions, less cash acquired		(2,687,722	)		337			43,021			—			(2,644,364	)
Proceeds from sale of fixed assets		—			1,706			15			—			1,721
Increase in restricted cash		—			(605	)		—			—			(605	)
Other		—			—			(1,063	)		—			(1,063	)

Net cash (used in) provided by investing activities		(2,284,295	)		(269,907	)		25,186			(302,370	)		(2,831,386	)
Cash flows from financing activities:
Net borrowing (repayment) of debt		1,580,281			(3,206	)		(98	)		—			1,576,977
Payment of deferred financing costs		(34,328	)		—			—			—			(34,328	)
Intercompany transfer		94,058			(336,141	)		(3,612	)		245,695			—
Net proceeds from issuance of common stock		835,131			—			—			—			835,131
Receipts related to stock-based award activities		8,758			—			—			—			8,758
Payments related to stock-based award activities		(8,806	)		—			—			—			(8,806	)

Net cash provided by (used in) financing activities		2,475,094			(339,347	)		(3,710	)		245,695			2,377,732
Effect of exchange rate changes on cash and cash equivalents		—			—			2,233			—			2,233

(Decrease) increase in cash and cash equivalents		(10,384	)		145			37,431			—			27,192
Cash and cash equivalents, beginning of year		10,384			91			24,444			—			34,919

Cash and cash equivalents, end of year	$	—		$	236		$	61,875		$	—		$	62,111

Condensed Supplemental Consolidating Statement of Cash Flows

Year Ended December 31, 2015

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	105,282		$	357,420		$	19,618		$	(191,673	)	$	290,647
Cash flows from investing activities:
Additions to property, plant, and equipment		(874	)		(64,520	)		(7,340	)		—			(72,734	)
Additions to intangible assets		(11,830	)		(1,406	)		(126	)		—			(13,362	)
Intercompany transfer		(11,420	)		(114,895	)		—			126,315			—
Proceeds from sale of fixed assets		—			465			141			—			606
Other		—			—			(831	)		—			(831	)

Net cash (used in) provided by investing activities		(24,124	)		(180,356	)		(8,156	)		126,315			(86,321	)
Cash flows from financing activities:
Net repayment of debt		(211,500	)		(3,649	)		(113	)		—			(215,262	)
Payment of deferred financing costs		(242	)		—			—			—			(242	)
Intercompany transfer		120,643			(175,014	)		(10,987	)		65,358			—
Receipts related to stock-based award activities		8,532			—			—			—			8,532
Payments related to stock-based award activities		(6,698	)		—			—			—			(6,698	)
Other		(215	)		—			—			—			(215	)

Net cash (used in) provided by financing activities		(89,480	)		(178,663	)		(11,100	)		65,358			(213,885	)
Effect of exchange rate changes on cash and cash equivalents		—			—			(7,503	)		—			(7,503	)

Decrease in cash and cash equivalents		(8,322	)		(1,599	)		(7,141	)		—			(17,062	)
Cash and cash equivalents, beginning of year		18,706			1,690			31,585			—			51,981

Cash and cash equivalents, end of year	$	10,384		$	91		$	24,444		$	—		$	34,919

Condensed Supplemental Consolidating Statement of Cash Flows

Year Ended December 31, 2014

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	166,820		$	217,310		$	29,816		$	(184,396	)	$	229,550
Cash flows from investing activities:
Additions to property, plant, and equipment		(16,201	)		(66,011	)		(6,363	)		—			(88,575	)
Additions to intangible assets		(9,012	)		(2,544	)		913			—			(10,643	)
Intercompany transfer		(1,055,537	)		884,087			(12,946	)		184,396			—
Acquisitions, net of cash acquired		—			(996,062	)		3,053			—			(993,009	)
Proceeds from sale of fixed assets		—			2,457			385			—			2,842
Other		—			—			(521	)		—			(521	)

Net cash (used in) provided by investing activities		(1,080,750	)		(178,073	)		(15,479	)		184,396			(1,089,906	)
Cash flows from financing activities:
Net borrowing (repayment) of debt		515,000			(2,839	)		(356	)		—			511,805
Payment of deferred financing costs		(13,712	)		—			—			—			(13,712	)
Payment of debt premium for extinguishment of debt		(16,693	)		—			—			—			(16,693	)
Intercompany transfer		38,577			(38,577	)		—			—			—
Net proceeds from issuance of stock		358,364			—			—			—			358,364
Receipts related to stock-based award activities		32,608			—			—			—			32,608
Payments related to stock-based award activities		(4,776	)		—			—			—			(4,776	)

Net cash provided by (used in) financing activities		909,368			(41,416	)		(356	)		—			867,596
Effect of exchange rate changes on cash and cash equivalents		—			—			(1,734	)		—			(1,734	)

(Decrease) increase in cash and cash equivalents		(4,562	)		(2,179	)		12,247			—			5,506
Cash and cash equivalents, beginning of year		23,268			3,869			19,338			—			46,475

Cash and cash equivalents, end of year	$	18,706		$	1,690		$	31,585		$	—		$	51,981

Subsequent Events

12 Months Ended

Dec. 31, 2016

Subsequent Events

25.

SUBSEQUENT EVENTS

In the first quarter of 2017, the Company completed changes in our organizational structure to better position the Company for success. These changes are strategic in nature with a focus to better align and utilize the resources of our much larger Company as a result of the acquisition of the Private Brands Business. Due to this organizational change, we will also change our reportable segments to align with the way the business is managed. Beginning with the first quarter of 2017, the Company expects to have the following five reportable segments: Baked Goods, Beverages, Condiments, Meals, and Snacks. This change is expected to align the Company’s reportable segments with the way the business is structured and managed.

Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2016

Valuation and Qualifying Accounts

SCHEDULE II

TREEEHOUSE FOODS, INC.

VALUATION AND QUALIFYING ACCOUNTS

December 31, 2016, 2015 and 2014

Allowance for doubtful accounts deducted from accounts receivable:


	Balance Beginning of Year		Change to Allowance		Acquisitions		Write-Offs of Uncollectable Accounts			Recoveries		Balance End of Year
					(In thousands)
2014	$	405	$	1,023	$	428	$	(523	)	$	—	$	1,333
2015	$	1,333	$	32	$	—	$	(783	)	$	—	$	582
2016	$	582	$	88	$	632	$	(412	)	$	1	$	891

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2016

Basis of Presentation

Basis of Presentation — The Consolidated Financial Statements include the accounts of TreeHouse Foods, Inc. and its 100% owned direct and indirect subsidiaries (the “Company,” “TreeHouse,” “we,” “us,” or “our”). All intercompany balances and transactions are eliminated in consolidation. Certain prior year amounts in the Consolidated Statements of Cash Flows have been reclassified to conform to the current period presentation.

On February 1, 2016, the Company acquired all of the outstanding common stock of Ralcorp Holdings, Inc., the Missouri corporation through which the private brands business of ConAgra Foods, Inc. (“Private Brands Business”) was operated. Ralcorp Holdings, Inc. was renamed TreeHouse Private Brands, Inc. during the first quarter of 2016. The results of operations of the Private Brands Business are included in our financial statements from the date of acquisition and are included in the North American Retail Grocery, Food Away From Home, and Industrial and Export segments, as applicable. In 2016, as a result of the acquisition of the Private Brands Business, the Company renamed certain product categories and added new product categories. These changes did not require prior period adjustments. See Note 22 for more information.

The Private Brands Business was on a 4-4-5 fiscal calendar during the first three quarters of 2016, which resulted in differences between the fiscal quarter ends of the Private Brands Business and the Company. In the fourth quarter of 2016, the Company changed the fiscal year end of the Private Brands Business to December 31. This change in reporting period for the Private Brands Business represents a change in accounting principle that is preferable as it provides more timely and relevant financial information to the users of its financial statements and eliminates the previously existing difference in reporting periods. The Company determined that it is impracticable to retrospectively apply this change to the first three quarters of 2016 as the data to determine the cumulative effect of the change is not available and cannot be prepared. Therefore, the Company reported the change in accounting principle prospectively in net income for the three months ended December 31, 2016 and did not retrospectively apply the effects of this change in prior periods, the cumulative effect of which the Company believes would be immaterial in all periods.

Use of Estimates

Use of Estimates — The preparation of our Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to use judgment to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the Consolidated Financial Statements, and the reported amounts of net sales and expenses during the reporting period. Actual results could differ from these estimates.

Cash Equivalents

Cash Equivalents — We consider temporary cash investments with an original maturity of three months or less to be cash equivalents. As of December 31, 2016 and 2015, $61.9 million and $24.4 million, respectively, represents cash and equivalents held in foreign jurisdictions, in local currencies, that are convertible into other currencies. The cash and equivalents held in foreign jurisdictions are expected to be used for general corporate purposes in foreign jurisdictions, including capital projects and acquisitions. The Prepaid expenses and other current assets line on the Consolidated Balance Sheets also includes restricted cash of $2.9 million as of December 31, 2016, which relates to cash held to meet certain insurance requirements.

Inventories

Inventories — Inventories are stated at the lower of cost or market. Pickle inventories are valued using the LIFO method and a portion of our snack nuts inventories are valued using the weighted average costing approach, while all of our other inventories are valued using the FIFO method. The costs of finished goods inventories include raw materials, labor, and overhead costs.

Property, plant, and equipment

Property, plant, and equipment — Property, plant, and equipment are stated at acquisition cost, plus capitalized interest on borrowings during the actual construction period of major capital projects. Depreciation and amortization are calculated using the straight-line method over the estimated useful lives of the assets as follows:


Asset		Useful Life
Buildings and improvements		12-40 years
Machinery and equipment		3-15 years
Office furniture and equipment		3-12 years

We perform impairment tests when circumstances indicate that the carrying value of an asset may not be recoverable. Capitalized leases are amortized over the shorter of their lease term or their estimated useful lives, and amortization expense is included in depreciation expense. Expenditures for repairs and maintenance, which do not improve or extend the life of the assets, are expensed as incurred.

Intangible and Other Assets

Intangible and Other Assets — Identifiable intangible assets with finite lives are amortized over their estimated useful lives as follows:


Asset		Useful Life
Customer relationships		Straight-line method over 5 to 20 years
Trademarks		Straight-line method over 10 to 20 years
Non-competition agreements		Straight-line method over the terms of the agreements
Deferred financing costs associated with line-of-credit arrangements		Straight-line method over the terms of the arrangements
Formulas/recipes		Straight-line method over 5 to 7 years
Computer software		Straight-line method over 2 to 7 years

Indefinite lived trademarks are evaluated for impairment annually in the fourth quarter or more frequently, if events or changes in circumstances indicate that the asset might be impaired. Impairment is indicated when their book value exceeds fair value. If the fair value of an evaluated asset is less than its book value, the asset is written down to fair value, which is generally based on its discounted future cash flows.

Amortizable intangible assets are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If an evaluation of the undiscounted cash flows indicates impairment, the asset is written down to its estimated fair value, which is generally based on discounted future cash flows.

Goodwill is evaluated annually in the fourth quarter or more frequently, if events or changes in circumstances require an interim assessment. We assess goodwill for impairment (as of December 31) at the reporting unit level using income and market approaches, employing significant assumptions regarding growth, discount rates, and profitability at each reporting unit. Our estimates under the income approach are determined based on a discounted cash flow model. The market approach uses a market multiple methodology employing earnings before interest, taxes, depreciation, and amortization (“EBITDA”) and applies a range of multiples to those amounts in determining the indicated fair value. In determining the multiples used in this approach, we obtain the multiples for selected peer companies using the most recent publically available information. In determining the indicated fair value of each reporting unit, the Company concludes based on the income approach, and uses the market approach to corroborate, as the Company believes the income approach is the most reliable indicator of the fair value of the reporting units. The resulting value is then compared to the carrying value of each reporting unit. If the book value of the reporting unit exceeds the indicated fair value, goodwill is then considered under the second step of the impairment test. In the second step, goodwill impairment is measured as the difference between the implied value of goodwill and its carrying value. The implied value of goodwill is determined based on a hypothetical analysis that calculates the fair value of goodwill as if the related reporting unit were being acquired in a business combination.

Stock-Based Compensation

Stock-Based Compensation — We measure compensation expense for our equity awards at their grant date fair value. The resulting expense is recognized over the relevant service period. See Note 14.

Revenue Recognition

Revenue Recognition — Sales are recognized when persuasive evidence of an arrangement exists, the price is fixed or determinable, title and risk of loss transfer to the customer, and there is a reasonable assurance of collection of the sales proceeds. Product is shipped FOB shipping point or FOB destination, depending on our agreement with the customer. Sales are reduced by certain sales incentives, some of which are recorded by estimating expense based on our historical experience.

Accounts Receivable

Accounts Receivable — We provide credit terms to customers generally ranging between 10 and 30 days, perform ongoing credit evaluations of our customers, and maintain allowances for potential credit losses based on historical experience. Customer balances are written off after all collection efforts are exhausted. Estimated product returns, which have not been material, are deducted from sales at the time of shipment.

Income Taxes

Income Taxes — The provision for income taxes includes federal, foreign, state, and local income taxes currently payable, and those deferred because of temporary differences between the financial statement and tax bases of assets and liabilities. Deferred tax assets or liabilities are computed based on the difference between the financial statement and income tax bases of assets and liabilities using enacted tax rates. Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized. Deferred income tax expenses or credits are based on the changes in the asset or liability from period to period.

Foreign Currency Translation and Transactions

Foreign Currency Translation and Transactions — The functional currency of the Company’s foreign operations is the applicable local currency. The functional currency is translated into U.S. dollars for balance sheet accounts using currency exchange rates in effect as of the balance sheet date, and for revenue and expense accounts using a weighted-average exchange rate during the fiscal year. The translation adjustments are deferred as a separate component of Stockholders’ equity in Accumulated other comprehensive loss. Gains or losses resulting from transactions denominated in foreign currencies are included in Other expense, net in the Consolidated Statements of Operations.

Shipping and Handling Fees

Shipping and Handling Fees — Our shipping and handling costs are included in both cost of sales and selling and distribution expense, depending on the nature of such costs. Shipping and handling costs included in cost of sales reflect inventory warehouse costs, product loading and handling costs, and costs associated with transporting finished products from our manufacturing facilities to distribution warehouses. Shipping and handling costs included in selling and distribution expense consist primarily of the cost of shipping products to customers through third party carriers. Shipping and handling costs recorded as a component of selling and distribution expense were approximately $198.8 million, $87.2 million, and $80.0 million for the years ended December 31, 2016, 2015, and 2014, respectively.

Derivative Financial Instruments

Derivative Financial Instruments — From time to time, we utilize derivative financial instruments including interest rate and commodity swaps, foreign currency contracts, and forward purchase contracts to manage our exposure to interest rate, foreign currency, and commodity price risks. We do not hold or issue financial instruments for speculative or trading purposes. The Company accounts for its derivative instruments as either assets or liabilities and carries them at fair value. Derivatives that are not designated as hedges according to GAAP must be adjusted to fair value through earnings. For derivative instruments that are designated as cash flow hedges, the effective portion of the gain or loss is reported as Accumulated other comprehensive loss and reclassified into earnings in the same period when the hedged transaction affects earnings. The ineffective gain or loss is recognized in current earnings. Commodity forward contracts generally qualify for the normal purchases and normal sales scope exception under the guidance for derivative instruments and hedging activities, and therefore are not subject to its provisions. For further information about our derivative instruments, see Note 20.

Capital Lease Obligations

Capital Lease Obligations — Capital lease obligations represent machinery and equipment financing obligations, which are generally payable in monthly installments of principal and interest, and are collateralized by the related assets financed.

Insurance Accruals

Insurance Accruals — We retain selected levels of property and casualty risks, primarily related to employee health care, workers’ compensation claims, and other casualty losses. Many of these potential losses are covered under conventional insurance programs with third party carriers having high deductible limits. In other areas, we are self-insured with stop-loss coverage. Accrued liabilities for incurred but not reported losses related to these retained risks are calculated based upon loss development factors that consider a number of elements, including claims history and expected trends. We develop these accruals with external insurance brokers and actuaries.

Facility Closing and Reorganization Costs

Facility Closing and Reorganization Costs — We periodically record facility closing and reorganization charges when we have identified a facility for closure or other reorganization opportunity, developed a plan, and notified the affected employees. These charges are incurred as a component of operating (loss) income. See Note 3 for more information.

Research and Development Costs

Research and Development Costs — We record research and development charges to expense as they are incurred and report them in the General and administrative expense line of our Consolidated Statements of Operations. Expenditures totaled $29.6 million, $14.3 million, and $12.8 million for the years ended December 31, 2016, 2015, and 2014, respectively.

Advertising Costs

Advertising Costs — Advertising costs are expensed as incurred and reported in the Selling and distribution expense line of our Consolidated Statements of Operations.

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Estimated Useful Lives of Assets

Depreciation and amortization are calculated using the straight-line method over the estimated useful lives of the assets as follows:


Asset		Useful Life
Buildings and improvements		12-40 years
Machinery and equipment		3-15 years
Office furniture and equipment		3-12 years

Estimated Useful Lives of Intangible Assets

Identifiable intangible assets with finite lives are amortized over their estimated useful lives as follows:


Asset		Useful Life
Customer relationships		Straight-line method over 5 to 20 years
Trademarks		Straight-line method over 10 to 20 years
Non-competition agreements		Straight-line method over the terms of the agreements
Deferred financing costs associated with line-of-credit arrangements		Straight-line method over the terms of the arrangements
Formulas/recipes		Straight-line method over 5 to 7 years
Computer software		Straight-line method over 2 to 7 years

Restructuring (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Facility Closures

The key information regarding the Company’s announced facility closures is outlined in the table below.

Facility Location

Date of

Closure

Announcement

End of

Production

Full

Facility

Closure

Primary

Products

Produced

Primary

Segment(s)

Affected

Total
Costs
to
Close

Total
Cash
Costs
to
Close

(In millions)

City of Industry, California

November 18, 2015

First quarter of 2016

Third quarter of 2016

Liquid non-dairy creamer and refrigerated salad dressings

Food Away From Home

$

6.9

$

3.8

Ayer, Massachusetts

April 5, 2016

First quarter of 2017

Third quarter of 2017

Spoonable dressings

North American Retail Grocery, Food Away From Home

$

8.2

$

5.5

Azusa, California

May 24, 2016

Second quarter of 2017

Bars and snack products

North American Retail Grocery

$

15.2

$

13.5

Ripon, Wisconsin

May 24, 2016

Fourth quarter of 2016

Sugar wafer cookies

North American Retail Grocery

$

2.3

$

1.2

Delta, British Columbia

November 3, 2016

Fourth quarter of 2017

First quarter of 2018

Frozen griddle products

North American Retail Grocery

$

5.2

$

3.7

Battle Creek, Michigan

November 3, 2016

(1)

Ready-to-eat cereal

North American Retail Grocery

$

10.4

$

2.8

(1)	The downsizing of this facility began in January 2017 and is expected to last approximately 15 months.

Aggregate Expenses Incurred Associated with Facility Closure

Below is a summary of the plant closing costs:


	Year Ended December 31, 2016		Cumulative Costs To Date		Total Expected Costs
	(In thousands)
Asset-related	$	7,188	$	10,208	$	17,685
Employee-related		6,164		7,326		13,264
Other closure costs		4,437		4,466		17,200

Total	$	17,789	$	22,000	$	48,149

Reconciliation of Liabilities

The table below presents a reconciliation of the liabilities as of December 31, 2016:


	Severance			Multiemployer Pension Plan Withdrawal		Total Liabilities
	(In thousands)
Balance as of December 31, 2015	$	395		$	767	$	1,162
Expense		5,575			—		5,575
Payments		(2,470	)		—		(2,470	)

Balance as of December 31, 2016	$	3,500		$	767	$	4,267

Acquisitions (Tables) - Private brands business of ConAgra Foods

12 Months Ended

Dec. 31, 2016

Preliminary Allocation to Net Tangible and Intangible Assets Acquired and Liabilities Assumed

We have made a preliminary allocation to net tangible and intangible assets acquired and liabilities assumed as follows:


	(In thousands)
Cash	$	43,358
Receivables		162,695
Inventory		443,687
Property, plant, and equipment		809,571
Customer relationships		510,900
Trade names		33,000
Software		19,576
Formulas		23,200
Other assets		54,965
Goodwill		1,138,238

Assets acquired		3,239,190
Deferred taxes		(152,660	)
Assumed current liabilities		(248,519	)
Assumed long-term liabilities		(150,289	)

Total purchase price	$	2,687,722

Business Acquisition Pro Forma Information

The following unaudited pro forma information shows the results of operations for the Company as if its acquisition of the Private Brands Business had been completed as of January 1, 2015. Adjustments have been made for the pro forma effects of depreciation and amortization of tangible and intangible assets recognized as part of the business combination, the issuance of common stock, interest expense related to the financing of the business combination, and related income taxes. Excluded from the 2016 pro forma results are $35.2 million of costs incurred by the Company in connection with the acquisition. The 2015 pro forma results include $1.3 billion in asset impairment charges incurred by the seller. The pro forma results may not necessarily reflect actual results of operations that would have been achieved, nor are they necessarily indicative of future results of operations.


	Year Ended December 31,
	2016			2015
	(In thousands, except per share data)
Pro forma net sales	$	6,499,051		$	6,795,936

Pro forma net loss	$	(206,879	)	$	(664,159	)

Pro forma basic loss per common share	$	(3.65	)	$	(11.79	)

Pro forma diluted loss per common share	$	(3.65	)	$	(11.79	)

Investments (Tables)

12 Months Ended

Dec. 31, 2016

Investments


	December 31,
	2016		2015
	(In thousands)
U.S. equity	$	7,613	$	5,283
Non-U.S. equity		1,796		1,574
Fixed income		1,010		1,531

Total investments	$	10,419	$	8,388

Inventories (Tables)

12 Months Ended

Dec. 31, 2016

Inventories


	December 31,
	2016			2015
	(In thousands)
Raw materials and supplies	$	429,386		$	274,007
Finished goods		571,886			331,535
LIFO reserve		(23,235	)		(21,427	)

Total inventories	$	978,037		$	584,115

Property, Plant, and Equipment (Tables)

12 Months Ended

Dec. 31, 2016

Property, Plant, and Equipment


	December 31,
	2016			2015
	(In thousands)
Land	$	71,248		$	25,954
Buildings and improvements		465,358			226,134
Machinery and equipment		1,324,458			681,711
Construction in progress		84,986			24,493

Total		1,946,050			958,292
Less accumulated depreciation		(586,730	)		(416,764	)

Property, plant, and equipment, net	$	1,359,320		$	541,528

Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the years ended December 31, 2016 and 2015 are as follows:


	North American Retail Grocery			Food Away From Home			Industrial and Export		Total
	(In thousands)
Balance at January 1, 2015	$	1,439,476		$	94,423		$	134,086	$	1,667,985
Purchase price adjustments		5,556			—			—		5,556
Foreign currency exchange adjustments		(21,591	)		(2,156	)		—		(23,747	)

Balance at December 31, 2015		1,423,441			92,267			134,086		1,649,794
Acquisitions		1,050,383			73,541			—		1,123,924
Purchase price adjustments		13,377			937			—		14,314
Impairment losses		(333,419	)		(11,432	)		—		(344,851	)
Foreign currency exchange adjustments		3,629			431			—		4,060

Balance at December 31, 2016	$	2,157,411		$	155,744		$	134,086	$	2,447,241

Carrying Amounts of Indefinite Lives Intangible Assets Other Than Goodwill

The carrying amounts of our intangible assets with indefinite lives, other than goodwill, as of December 31, 2016 and 2015 are as follows:


	December 31,
	2016		2015
	(In thousands)
Trademarks	$	21,591	$	25,229

Total indefinite lived intangibles	$	21,591	$	25,229

Gross Carrying Amounts and Accumulated Amortization of Intangible Assets, with Finite Lives

The gross carrying amounts and accumulated amortization of intangible assets, with finite lives, as of December 31, 2016 and 2015 are as follows:


	December 31,
	2016							2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(In thousands)
Intangible assets with finite lives:
Customer-related (1)	$	1,284,379	$	(293,324	)	$	991,055	$	769,419	$	(208,962	)	$	560,457
Contractual agreements (2)		2,969		(2,900	)		69		2,964		(2,831	)		133
Trademarks (3)		69,553		(23,593	)		45,960		32,240		(11,091	)		21,149
Formulas/recipes (4)		33,719		(12,837	)		20,882		10,471		(7,824	)		2,647
Computer software (5)		115,689		(57,688	)		58,001		78,039		(40,999	)		37,040

Total finite lived intangibles	$	1,506,309	$	(390,342	)	$	1,115,967	$	893,133	$	(271,707	)	$	621,426

Estimated Amortization Expense on Intangible Assets

Estimated amortization expense on intangible assets for the next five years is as follows:


	(In thousands)
2017	$	112,811
2018	$	106,309
2019	$	104,569
2020	$	102,533
2021	$	92,721

Accounts Payable and Accrued Expenses (Tables)

12 Months Ended

Dec. 31, 2016

Accounts Payable and Accrued Expenses


	December 31,
	2016		2015
	(In thousands)
Accounts payable	$	458,127	$	202,065
Payroll and benefits		78,500		27,467
Interest		24,143		6,241
Taxes		30,960		1,499
Health insurance, workers’ compensation, and other insurance costs		17,179		9,331
Marketing expenses		12,352		7,435
Other accrued liabilities		5,512		6,542

Total	$	626,773	$	260,580

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Components of (Loss) Income Before Income Taxes

The components of (loss) income before income taxes are as follows:


	Year Ended December 31,
	2016			2015			2014
	(In thousands)
Domestic source	$	(190,558	)	$	179,445		$	147,452
Foreign source		(4,805	)		(8,181	)		(10,882	)

(Loss) income before income taxes	$	(195,363	)	$	171,264		$	136,570

Components of Provision for Income Taxes

The following table presents the components of the 2016, 2015, and 2014 provision for income taxes:


	Year Ended December 31,
	2016			2015			2014
	(In thousands)
Current:
Federal	$	33,650		$	57,237		$	34,447
State		4,481			9,276			5,771
Foreign		7,553			(4,153	)		(1,629	)

Total current		45,684			62,360			38,589
Deferred:
Federal		(4,983	)		(5,721	)		8,176
State		(157	)		(2,002	)		605
Foreign		(7,313	)		1,717			(680	)

Total deferred		(12,453	)		(6,006	)		8,101

Total income tax expense	$	33,231		$	56,354		$	46,690

Reconciliation of Income Tax Expense Computed at U.S. Federal Statutory Tax Rate to Income Tax Expense

The following is a reconciliation of income tax expense computed at the U.S. federal statutory tax rate to the income tax expense reported in the Consolidated Statements of Operations:


	Year Ended December 31,
	2016			2015			2014
	(In thousands)
Tax at statutory rate	$	(68,377	)	$	59,942		$	47,800
State income taxes		2,811			4,728			4,145
Tax benefit of cross-border intercompany financing structure		(3,816	)		(3,962	)		(4,579	)
Domestic production activities deduction		(5,133	)		(5,423	)		(4,173	)
Excess tax benefits related to stock-based compensation		(3,940	)		—			—
Goodwill impairment		112,021			—			—
Other, net		(335	)		1,069			3,497

Total provision for income taxes	$	33,231		$	56,354		$	46,690

Tax Effects of Temporary Differences Giving Rise to Deferred Income Tax Assets and Liabilities

The tax effects of temporary differences giving rise to deferred income tax assets and liabilities were:


	December 31,
	2016			2015
	(In thousands)
Deferred tax assets:
Pension and postretirement benefits	$	35,633		$	7,373
Accrued liabilities		47,998			13,639
Stock compensation		19,369			16,644
Unrealized foreign exchange loss		7,716			7,449
Loss and credit carryovers		22,092			6,436
Other		37,417			16,279

Total deferred tax assets		170,225			67,820
Valuation allowance		(8,929	)		(852	)

Total deferred tax assets, net of valuation allowance		161,296			66,968
Deferred tax liabilities:
Fixed assets and intangible assets		(583,455	)		(346,076	)

Total deferred tax liabilities		(583,455	)		(346,076	)

Net deferred income tax liability	$	(422,159	)	$	(279,108	)

Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	Year Ended December 31,
	2016			2015			2014
	(In thousands)
Unrecognized tax benefits beginning balance	$	19,542		$	13,211		$	12,499
Additions based on tax positions related to the current year		—			55			476
Additions based on tax positions of prior years		1,792			1,549			83
Additions resulting from acquisitions		14,444			6,391			11,366
Reductions for tax positions of prior years		(4,293	)		(1,384	)		(11,163	)
Payments		—			—			(50	)
Foreign currency translation		(114	)		(280	)		—

Unrecognized tax benefits ending balance	$	31,371		$	19,542		$	13,211

Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2016

Long-Term Debt


	December 31,
	2016			2015
	(In thousands)
Revolving Credit Facility	$	170,000		$	353,000
Term Loan A		288,000			295,500
Term Loan A-1		180,000			190,000
Term Loan A-2		1,005,781			—
2022 Notes		400,000			400,000
2024 Notes		775,000			—
Tax increment financing and other debt		5,734			6,002

Total outstanding debt		2,824,515			1,244,502
Deferred financing costs		(33,334	)		(7,868	)
Less current portion		(66,421	)		(14,893	)

Total long-term debt	$	2,724,760		$	1,221,741

Scheduled Maturities of Outstanding Debt, Excluding Deferred Financing Costs

The scheduled maturities of outstanding debt, excluding deferred financing costs, at December 31, 2016 are as follows (in thousands):


2017	$	73,150
2018		79,876
2019		82,379
2020		108,049
2021		1,306,028
Thereafter		1,175,033

Total outstanding debt	$	2,824,515

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Effect of Share-Based Compensation Awards on Weighted Average Number of Shares Outstanding Used in Calculating Diluted Earnings Per Share

The following table summarizes the effect of the share-based compensation awards on the weighted average number of shares outstanding used in calculating diluted earnings per share:


	Year Ended December 31,
	2016			2015		2014
	(In thousands, except per share data)
Net (loss) income	$	(228,594	)	$	114,910	$	89,880

Weighted average common shares outstanding		55,717			43,052		39,348
Assumed exercise/vesting of equity awards (1)		—			657		890

Weighted average diluted common shares outstanding		55,717			43,709		40,238

Net (loss) earnings per basic share	$	(4.10	)	$	2.67	$	2.28
Net (loss) earnings per diluted share	$	(4.10	)	$	2.63	$	2.23

(1)

Incremental shares from equity awards are computed by the treasury stock method. For the year ended December 31, 2016, weighted average common shares outstanding is the same for the computations of basic and diluted shares because the Company had a net loss for the period. Equity awards, excluded from our computation of diluted earnings per share because they were anti-dilutive, were 1.2 million, 0.7 million, and 0.4 million for the years ended December 31, 2016, 2015, and 2014, respectively.

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Stock Option Activity

The following table summarizes stock option activity during 2016:


								Weighted
						Weighted		Average
						Average		Remaining		Aggregate
	Employee			Director		Exercise		Contractual		Intrinsic
	Options			Options		Price		Term (yrs.)		Value
	(In thousands)									(In thousands)
Outstanding, at January 1, 2016		1,918			20	$	57.18		6.2	$	41,793
Granted		470			—	$	96.14
Forfeited		(144	)		—	$	83.67
Exercised		(175	)		—	$	49.89

Outstanding, at December 31, 2016		2,069			20	$	64.77		5.8	$	28,929

Vested/expect to vest, at December 31, 2016		2,017			20	$	64.09		5.7	$	28,929

Exercisable, at December 31, 2016		1,360			20	$	52.60		4.1	$	28,926

Highlight of Stock Options Activity


	Year Ended December 31,
	2016		2015		2014
	(In millions)
Compensation expense	$	7.2	$	6.6	$	5.4
Intrinsic value of stock options exercised	$	6.9	$	15.7	$	53.7
Tax benefit recognized from stock option exercises	$	2.5	$	6.0	$	20.7

Assumptions Used to Calculate Value of Option Awards Granted

The assumptions used to calculate the value of the stock option awards granted in 2016, 2015, and 2014 are presented as follows:


	2016			2015			2014
Weighted average expected volatility		25.15	%		25.07	%		25.18	%
Weighted average risk-free interest rate		1.19	%		1.97	%		2.03	%
Expected dividends		0.00	%		0.00	%		0.00	%
Expected term		6.0 years			6.0 years			6.0 years

Summary of Restricted Stock Unit Activity

The following table summarizes the restricted stock unit activity during the year ended December 31, 2016:


				Weighted					Weighted
	Employee			Average		Director			Average
	Restricted			Grant Date		Restricted			Grant Date
	Stock Units			Fair Value		Stock Units			Fair Value
	(In thousands)					(In thousands)
Outstanding, at January 1, 2016		312		$	76.36		111		$	52.60
Granted		414		$	90.40		15		$	98.78
Vested		(147	)	$	74.85		(21	)	$	58.56
Forfeited		(63	)	$	84.91		(1	)	$	76.30

Outstanding, at December 31, 2016		516		$	87.03		104		$	57.78

Highlights of Restricted Stock Unit Activity


	Year Ended December 31,
	2016		2015		2014
	(In millions)
Compensation expense	$	17.3	$	11.7	$	11.9
Fair value of vested restricted stock units	$	16.3	$	14.9	$	12.9
Tax benefit recognized from vested restricted stock units	$	5.7	$	4.9	$	4.7

Summary of Performance Unit Activity

The following table summarizes the performance unit activity during the year ended December 31, 2016:


				Weighted
				Average
	Performance			Grant Date
	Units			Fair Value
	(In thousands)
Unvested, at January 1, 2016		271		$	74.13
Granted		100		$	98.28
Vested		(85	)	$	66.01
Forfeited		(40	)	$	82.89

Unvested, at December 31, 2016		246		$	85.16

Highlight of Performance Unit Activity


	Year Ended December 31,
	2016		2015		2014
	(In millions)
Compensation expense	$	5.4	$	4.6	$	7.8
Fair value of vested performance units	$	8.0	$	5.1	$	0.4
Tax benefit recognized from performance units vested	$	4.1	$	1.9	$	0.2

Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2016

Components of Accumulated Other Comprehensive Loss Net of Tax Except for Foreign Currency Translation Adjustment

Accumulated other comprehensive loss consists of the following components, all of which are net of tax, except for the foreign currency translation adjustment:


				Unrecognized			Accumulated
	Foreign			Pension and			Other
	Currency			Postretirement			Comprehensive
	Translation (1)			Benefits (2)			Loss
	(In thousands)
Balance at January 1, 2014	$	(24,689	)	$	(7,074	)	$	(31,763	)
Other comprehensive loss		(26,637	)		—			(26,637	)
Reclassifications from accumulated other comprehensive loss		—			(5,931	)		(5,931	)

Other comprehensive loss		(26,637	)		(5,931	)		(32,568	)

Balance at December 31, 2014		(51,326	)		(13,005	)		(64,331	)
Other comprehensive loss		(49,186	)		—			(49,186	)
Reclassifications from accumulated other comprehensive loss		—			49			49

Other comprehensive (loss) income		(49,186	)		49			(49,137	)

Balance at December 31, 2015		(100,512	)		(12,956	)		(113,468	)
Other comprehensive income		11,123			—			11,123
Reclassifications from accumulated other comprehensive loss		—			1,070			1,070

Other comprehensive income		11,123			1,070			12,193

Balance at December 31, 2016	$	(89,389	)	$	(11,886	)	$	(101,275	)

(1)	The foreign currency translation adjustment is not net of tax, as it pertains to the Company’s permanent investment in its foreign subsidiaries.

(2)	The unrecognized pension and postretirement benefits reclassification is presented net of tax of $656 thousand, $30 thousand, and $(3,683) thousand for the years ended December 31, 2016, 2015, and 2014, respectively.

Reclassifications from Accumulated Other Comprehensive Loss


										Affected Line in the
	Reclassifications from Accumulated									Consolidated
	Other Comprehensive Loss									Statements of Operations
	Year Ended December 31,
	2016			2015			2014
				(In thousands)
Amortization of defined benefit pension and postretirement items:
Prior service costs	$	139		$	139		$	139		(a)
Unrecognized net loss		1,420			1,576			681		(a)
Actuarial adjustment		167			(1,636	)		(10,434	)	(b)

Total before tax		1,726			79			(9,614	)
Income taxes		(656	)		(30	)		3,683		Income taxes

Net of tax	$	1,070		$	49		$	(5,931	)

(a)	These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement cost. See Note 16 for additional details.

(b)	Represents the actuarial adjustment needed to adjust the Accumulated other comprehensive loss balance to actual.

Employee Pension and Postretirement Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2016

Multiemployer Pension Plans

There have been no other significant changes in the number of Company employees covered by the multiemployer plans or other significant events that would affect the comparability of contributions to the plans.


Plan Name:					Pension Protection Act Zone Status				FIP Implemented (yes or no)		TreeHouse Foods Contributions (In thousands)						Surcharge Imposed (yes or no)		Expiration Date Of Collective Bargaining Agreement(s)
	EIN Number		Plan Number		Plan Year Ended December 31,						TreeHouse Foods Contributions (In thousands)
	EIN Number		Plan Number		2015		2014				2016		2015		2014
Bakery and Confectionery Union and Industry International Pension Fund		52-6118572		1		Red		Red		Yes	$	1,382		—		—		Yes		12/6/2016, 7/25/2020

Central States Southeast and Southwest Areas Pension Fund		36-6044243		1		Red		Red		Yes	$	740	$	610	$	617		No		12/27/2019

Retail, Wholesale and Department Store International Union and Industry Pension Fund		63-708442		1		Red		Red		Yes	$	461		—		—		Yes		6/15/2019

Rockford Area Dairy Industry Local 754, Intl. Brotherhood of Teamsters Retirement Pension Plan		36-6067654		1		Green		Green		No	$	405	$	416	$	474		No		4/30/2017

Western Conference of Teamsters Pension Fund		91-6145047		1		Green		Green		No	$	168	$	345	$	336		No			(1)

(1)	As described above, the Company closed the City of Industry, California facility during 2016. As a result, there is no collective bargaining agreement related to this plan.

Multiemployer Plans Providing More Than Five Percent of Total Contributions For Following Plan and Plan Years

The Company was listed in the following plan’s Form 5500 as providing more than 5.0% of the total contributions for the following plan and plan years:


Plan Name:	Years Contributions to Plan Exceeded More Than 5% of total Contributions (as of December 31 of the Plan’s Year-End)
Rockford Area Dairy Industry Local 754, Intl. Brotherhood of Teamsters Retirement Pension Plan		2016, 2015, and 2014

Fair Value of Pension Plan Assets, by Asset Category

The fair value of the Company’s pension plan assets at December 31, 2016 and 2015 by asset category is as follows:


	Pension Plan Assets
	Fair Value Measurements at
	December 31, (h)
	2016		2015
	(In thousands)
Short Term Investment Fund (a)	$	1,098	$	228
Aggregate Bond Index Fund (b)		63,688		9,945
U.S. Market Cap Equity Index Fund (c)		157,713		24,613
International All Country World Index Fund (d)		22,490		3,421
Collective Daily 1-5 year Credit Bond Fund (e)		50,061		7,787
Emerging Markets Index Fund (f)		9,770		1,417
Daily High Yield Fixed Income Fund (g)		12,768		1,942

	$	317,588	$	49,353

(a)	This fund is an investment vehicle for cash reserves, which seeks to offer a competitive rate of return through a portfolio of high-grade, short term, and money market instruments. Principal preservation is the primary objective of this fund.

(b)	The primary objective of this fund is to hold a portfolio representative of the overall United States bond and debt market, as characterized by the Barclays Capital Aggregate Bond Index.

(c)	The primary objective of this fund is to approximate the risk and return characteristics of the Dow Jones U.S. ex-LP’s Total Stock Market Index.

(d)	The primary objective of this fund is to approximate the risk and return characteristics of the Morgan Stanley All Country World ex-US (MSCI ACWI ex-US) ND Index. This fund is commonly used to represent the non-U.S. equity in developed and emerging markets.

(e)	The primary objective of this fund is to hold a portfolio representative of the intermediate credit securities portion of the United States bond and debt markets, as characterized by the Barclays Capital U.S. 1-5 year Credit Bond Index.

(f)	The primary objective of this fund is to provide investment results that replicate the overall performance of the MSCI Emerging Markets Index. The Fund may make limited use of futures and/or options to maintain equity exposure.

(g)	The primary objective of this fund is to outperform the Barclay’s Capital High Yield Index over a market cycle while maintaining a similar level of volatility and credit quality as the index. This Fund can serve as a core bond investment position, providing exposure to the U.S. Fixed Income market.

(h)	As the fair values of all of these assets are measured using the net asset value per share practical expedient, levels within the fair value hierarchy are not provided for these assets.

Summarized Information about Pension and Postretirement Benefit Plans

The following table summarizes information about our pension and postretirement benefit plans for the years ended December 31, 2016 and 2015:


	Pension Benefits						Postretirement Benefits
	2016 (1)			2015			2016 (1)			2015
	(In thousands)						(In thousands)
Change in benefit obligation:
Benefit obligation, at beginning of year	$	67,851		$	67,605		$	3,020		$	3,463
Service cost		4,343			2,374			51			15
Interest cost		15,102			2,850			1,205			144
Acquisitions		303,078			—			28,189			—
Actuarial losses (gains)		6,013			(1,813	)		(1,212	)		(449	)
Benefits paid		(12,259	)		(3,165	)		(1,486	)		(153	)

Benefit obligation, at end of year	$	384,128		$	67,851		$	29,767		$	3,020

Change in plan assets:
Fair value of plan assets, at beginning of year	$	49,353		$	51,312		$	—		$	—
Actual return on plan assets		21,531			(834	)		—			—
Company contributions		3,752			2,040			1,486			153
Acquisitions		255,211			—			—			—
Benefits paid		(12,259	)		(3,165	)		(1,486	)		(153	)

Fair value of plan assets, at end of year	$	317,588		$	49,353		$	—		$	—

Funded status of the plan	$	(66,540	)	$	(18,498	)	$	(29,767	)	$	(3,020	)

Amounts recognized in the Consolidated Balance Sheets:
Current liability	$	(696	)	$	—		$	(1,634	)	$	(171	)
Non-current liability		(65,844	)		(18,498	)		(28,133	)		(2,849	)

Net amount recognized	$	(66,540	)	$	(18,498	)	$	(29,767	)	$	(3,020	)

Amounts recognized in Accumulated other comprehensive loss:
Net actuarial loss (gain)	$	19,403		$	19,785		$	(1,043	)	$	162
Prior service cost		1,167			1,374			(100	)		(168	)

Total, before tax effect	$	20,570		$	21,159		$	(1,143	)	$	(6	)

Accumulated Benefit Obligation


	Pension Benefits
	2016		2015
	(In thousands)
Accumulated benefit obligation	$	375,952	$	65,323

Weighted Average Assumptions Used


	Pension Benefits									Postretirement Benefits
	2016			2015			2014			2016			2015			2014
Weighted average assumptions used to determine the periodic benefit costs:
Discount rate		4.50	%		4.25	%		4.50% - 5.00	%		4.50	%		4.25	%		5.00	%
Rate of compensation increases		3.00% - 4.00	%		3.00% - 4.00	%		3.00% - 4.00	%		—			—			—
Expected return on plan assets		6.00	%		6.00	%		6.50	%		—			—			—

Key Actuarial Assumptions Used to Determine Postretirement Benefit Obligations

The key actuarial assumptions used to determine the postretirement benefit obligations as of December 31, 2016 and 2015 are as follows:


	2016						2015
	Pre-65			Post 65			Pre-65			Post 65
Health care cost trend rates:
Health care cost trend rate for next year		8.00	%		7.00	%		8.00	%		7.50	%
Ultimate rate		5.00	%		5.00	%		5.00	%		5.00	%
Discount rate		4.25	%		4.25	%		4.50	%		4.50	%
Year ultimate rate achieved		2023			2023			2024			2023

Summary of Net Periodic Cost of Pension and Postretirement Benefit Plans

The following table summarizes the net periodic cost of our pension and postretirement benefit plans for the years ended December 31, 2016, 2015, and 2014:


	Pension Benefits									Postretirement Benefits
	2016			2015			2014			2016			2015			2014
	(In thousands)									(In thousands)
Components of net periodic costs:
Service cost	$	4,343		$	2,374		$	2,107		$	51		$	15		$	17
Interest cost		15,102			2,850			2,772			1,205			144			153
Expected return on plan assets		(16,563	)		(3,064	)		(3,217	)		—			—			—
Amortization of unrecognized prior service cost		207			207			207			(68	)		(68	)		(68	)
Amortization of unrecognized net loss (gain)		1,427			1,528			663			(7	)		48			18
ASC 715 settlement charge		—			—			564			—			—			—

Net periodic cost	$	4,516		$	3,895		$	3,096		$	1,181		$	139		$	120

Estimated Amount That Will be Amortized From Accumulated Other Comprehensive Loss Into Net Pension Cost

The estimated amount that will be amortized from accumulated other comprehensive loss into net periodic cost in 2017 is as follows:


	Pension		Postretirement
	(In thousands)
Net actuarial loss (gain)	$	1,510	$	(2	)
Prior service cost	$	205	$	(68	)

Estimated Future Pension and Postretirement Benefit Payments

Estimated future pension and postretirement benefit payments from the plans are as follows:


	Pension Benefit		Postretirement Benefit
	(In thousands)
2017	$	19,311	$	1,634
2018	$	19,995	$	1,690
2019	$	20,195	$	1,715
2020	$	21,176	$	1,728
2021	$	21,966	$	1,779
2022-26	$	115,984	$	9,375

Effect of One Percent Change in Health Care Trend Rates on Postretirement Benefit Plan

The effect of a 1% change in health care trend rates would have the following effects on the postretirement benefit plan:


	2016
	(In thousands)
1% Increase:
Benefit obligation, end of year	$	2,963
Service cost plus interest cost for the year	$	126
1% Decrease:
Benefit obligation, end of year	$	(2,517	)
Service cost plus interest cost for the year	$	(108	)

Weighted Average Assumptions Used

Pension Benefits
	2016			2015
	(In thousands)

Weighted average assumptions used to determine the pension benefit obligations:
Discount rate		4.25	%		4.50	%
Rate of compensation increases		3.00% - 4.00	%		3.00% - 4.00	%

Other Operating Expense, Net (Tables)

12 Months Ended

Dec. 31, 2016

Other Operating Expense, Net

The Company incurred other operating expense for the years ended December 31, 2016, 2015, and 2014, respectively, which consisted of the following:


	Year Ended December 31,
	2016		2015		2014
	(In thousands)
Restructuring	$	13,542	$	1,817	$	2,421
Other		1,181		—		—

Total other operating expense, net	$	14,723	$	1,817	$	2,421

Supplemental Cash Flow Information (Tables)

12 Months Ended

Dec. 31, 2016

Supplemental Cash Flow Information


	Year Ended December 31,
	2016		2015		2014
	(In thousands)
Interest paid	$	92,957	$	41,940	$	43,598
Income taxes paid	$	60,214	$	50,059	$	50,590
Accrued purchase of property and equipment	$	20,203	$	6,925	$	7,497
Accrued other intangible assets	$	8,276	$	1,988	$	2,005

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2016

Composition of Capital Leases Reflected As Property, Plant And Equipment in Consolidated Balance Sheets

The composition of capital leases, which are reflected as Property, plant, and equipment in the Consolidated Balance Sheets, is as follows:


	December 31,
	2016			2015
	(In thousands)
Machinery and equipment	$	17,418		$	13,926
Less accumulated amortization		(8,176	)		(6,157	)

Total	$	9,242		$	7,769

Future Minimum Payments under Non-Cancelable Capital Leases, Operating Leases and Unconditional Purchase Obligations

Future minimum payments at December 31, 2016 under non-cancelable capital leases, operating leases, and unconditional purchase obligations, including input costs such as raw materials, ingredients, and packaging, are summarized as follows:


	Capital			Operating		Unconditional Purchase
	Leases			Leases		Obligations
	(In thousands)
2017	$	3,106		$	40,103	$	82,840
2018		846			33,703		82,946
2019		833			25,369		20,767
2020		82			21,954		6,657
2021		62			17,923		6,856
Thereafter		33			68,960		7,061

Total minimum payments		4,962		$	208,012	$	207,127

Less amount representing interest		(208	)

Present value of capital lease obligations	$	4,754

Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Derivative, Fair Value, and Location on Consolidated Balance Sheet

The following table identifies the derivative, its fair value, and location on the Consolidated Balance Sheets:


		Fair Value
		December 31,
		2016		2015
	Balance Sheet Location	(In thousands)
Asset Derivatives:
Commodity contracts	Prepaid expenses and other current assets	$	987	$	—
Foreign currency contracts	Prepaid expenses and other current assets		690		1,356
Interest rate swap agreements	Prepaid expenses and other current assets		10,444		—

		$	12,121	$	1,356

Liability Derivatives:
Commodity contracts	Accounts payable and accrued expenses	$	456	$	3,778

		$	456	$	3,778

Gains and Losses on Derivative Contracts

We recorded the following gains and losses on our derivative contracts in the Consolidated Statements of Operations:


		Year Ended
		December 31,
	Location of Gain (Loss) Recognized in Net (Loss) Income	2016			2015
		(In thousands)
Mark-to-market unrealized gain (loss):
Commodity contracts	Other (income) expense, net	$	4,309		$	(734	)
Foreign currency contracts	Other (income) expense, net		(666	)		1,356
Interest rate swap agreements	Other (income) expense, net		10,444			—

Total unrealized gain			14,087			622
Realized gain (loss):
Commodity contracts	Manufacturing related to cost of sales and transportation related to selling and distribution		(484	)		(5,169	)
Foreign currency contracts	Cost of sales		(1,780	)		3,821

Total realized (loss)			(2,264	)		(1,348	)

Total gain (loss)		$	11,823		$	(726	)

Fair Value (Tables)

12 Months Ended

Dec. 31, 2016

Carrying Value and Fair Value of Financial Instruments

The following table presents the carrying value and fair value of our financial instruments as of December 31, 2016 and 2015:


	December 31, 2016						December 31, 2015
	Carrying Value			Fair Value			Carrying Value			Fair Value			Level
	(In thousands)						(In thousands)
Not recorded at fair value (liability):
Revolving Credit Facility	$	(170,000	)	$	(167,104	)	$	(353,000	)	$	(352,932	)		2
Term Loan A	$	(288,000	)	$	(288,101	)	$	(295,500	)	$	(294,327	)		2
Term Loan A-1	$	(180,000	)	$	(180,291	)	$	(190,000	)	$	(190,200	)		2
Term Loan A-2	$	(1,005,781	)	$	(1,007,409	)	$	—		$	—			2
2022 Notes	$	(400,000	)	$	(410,000	)	$	(400,000	)	$	(383,000	)		2
2024 Notes	$	(775,000	)	$	(809,875	)	$	—		$	—			2
Recorded on a recurring basis at fair value (liability) asset:
Commodity contracts	$	531		$	531		$	(3,778	)	$	(3,778	)		2
Foreign currency contracts	$	690		$	690		$	1,356		$	1,356			2
Interest rate swap agreements	$	10,444		$	10,444		$	—		$	—			2
Investments	$	10,419		$	10,419		$	8,388		$	8,388			1

Segment and Geographic Information and Major Customers (Tables)

12 Months Ended

Dec. 31, 2016

Financial Information Relating to Reportable Segments

Financial information relating to the Company’s reportable segments is as follows:


	Year Ended December 31,
	2016			2015			2014
	(In thousands)
Net sales to external customers:
North American Retail Grocery	$	5,092,930		$	2,437,768		$	2,173,391
Food Away From Home		546,655			370,360			380,069
Industrial and Export		545,425			398,277			392,642
Unallocated		(9,922	)		—			—

Total	$	6,175,088		$	3,206,405		$	2,946,102

Direct operating income:
North American Retail Grocery	$	655,940		$	348,827		$	326,943
Food Away From Home		70,179			52,057			47,107
Industrial and Export		66,429			72,020			68,109

Total		792,548			472,904			442,159
Unallocated selling and distribution expenses		(37,422	)		(8,934	)		(9,159	)
Unallocated cost of sales (1)		(24,575	)		(170	)		(998	)
Unallocated corporate expense and other (2)		(827,343	)		(224,064	)		(213,848	)

Operating (loss) income		(96,792	)		239,736			218,154
Other expense		(98,571	)		(68,472	)		(81,584	)

(Loss) income before income taxes	$	(195,363	)	$	171,264		$	136,570

Depreciation:
North American Retail Grocery	$	135,628		$	41,953		$	40,220
Food Away From Home		14,026			8,581			8,472
Industrial and Export		15,780			7,047			6,266
Corporate office (3)		12,932			3,888			8,323

Total	$	178,366		$	61,469		$	63,281

(1)	Includes charges related to restructurings and other costs managed at corporate.

(2)	Includes impairments of goodwill and other intangible assets.

(3)	Includes accelerated depreciation related to restructurings.

Long-Lived Assets by Geographic Region

The geographic location of long-lived assets is as follows:


	December 31,
	2016		2015
	(In thousands)
Long-lived assets:
United States	$	1,212,144	$	496,933
Canada		128,845		44,595
Other		18,331		—

Total	$	1,359,320	$	541,528

Net Sales by Major Products

The following table presents the Company’s net sales by major products. In 2016, as a result of the acquisition of the Private Brands Business, the Company made the following changes to its product categories: (1) Snacks was renamed Snack nuts and now includes the bars, fruit snacks, and cereal snack mixes from the Private Brands Business, (2) Dry dinners was renamed Pasta and dry dinners and now includes the dry pasta from the Private Brands Business, (3) Mexican and other sauces was renamed Sauces and now includes the sauces from the Private Brands Business, (4) Cookies and crackers was added to include the crackers, cookies, pretzels, pita chips, and candy from the Private Brands Business, and (5) Retail bakery was added to include the in-store bakery products, refrigerated dough, frozen griddle products (pancakes, waffles, and French toast), frozen bread products (breads, rolls, and biscuits), dessert products (frozen cookies and frozen cookie dough), and dry bakery mixes from the Private Brands Business. These changes did not require prior period adjustments.


	Year Ended December 31,
	2016		2015		2014
			(In thousands)
Products:
Snack nuts	$	1,334,426	$	657,993	$	287,281
Retail bakery		662,719		—		—
Cookies and crackers		607,855		—		—
Cereals		551,568		159,761		168,739
Pasta and dry dinners		543,811		123,600		139,285
Beverages		492,189		433,828		499,829
Salad dressings		376,318		351,577		361,859
Soup and infant feeding		372,749		381,444		351,917
Sauces		336,194		222,873		248,979
Pickles		318,066		316,176		302,621
Beverage enhancers		313,273		338,190		359,179
Jams		107,816		51,203		53,058
Aseptic products		101,384		107,723		102,635
Other products		56,720		62,037		70,720

Total net sales	$	6,175,088	$	3,206,405	$	2,946,102

Quarterly Results of Operations (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Unaudited Quarterly Results of Operations

The following is a summary of our unaudited quarterly results of operations for 2016 and 2015:


	Quarter
	First (2) (3)			Second (3)		Third (3)		Fourth (4)
	(In thousands, except per share data)
Fiscal 2016
Net sales	$	1,270,173		$	1,541,389	$	1,586,850	$	1,776,676
Gross profit		224,563			265,806		285,533		349,480
(Loss) income before income taxes		(4,780	)		22,175		52,608		(265,366	)
Net (loss) income		(3,140	)		18,965		37,404		(281,823	)
Net (loss) income per common share:
Basic (1)		(0.06	)		0.34		0.66		(4.96	)
Diluted (1)		(0.06	)		0.33		0.65		(4.96	)
Fiscal 2015
Net sales	$	783,145		$	759,208	$	798,638	$	865,414
Gross profit		152,437			151,371		158,697		181,798
Income before income taxes		25,801			47,787		40,275		57,401
Net income		17,852			31,362		28,441		37,255
Net income per common share:
Basic (1)		0.42			0.73		0.66		0.86
Diluted (1)		0.41			0.72		0.65		0.85

(1)	Due to rounding and the issuance of shares on January 26, 2016, the sum of the four quarters may not be the same as the total for the year.

(2)	The Company acquired the Private Brands Business on February 1, 2016.

(3)

As described in Note 2, the Company elected to early adopt ASU 2016-09 during the fourth quarter of 2016, resulting in the recognition of $4.3 million in excess tax benefits related to share-based payments, which are included in the Income taxes line of the Consolidated Statements of Operations. The quarterly results for the first three quarters of 2016 have been recast to reflect the adoption of the ASU as of January 1, 2016, resulting in income tax benefits of $0.2 million, $3.3 million, and $0.2 million in the first, second, and third quarters of 2016, respectively. The effect of the adoption was an increase in net (loss) income by the amounts indicated for each quarter. The effect on basic net (loss) income per common share was $0.06 and $0.01 for the second and third quarters of 2016, respectively. The effect on diluted net (loss) income per common share was $0.06 for the second quarter of 2016. The adoption had no basic or diluted net (loss) income per common share impact in the first quarter of 2016, and no diluted net (loss) income per common share impact in the third quarter of 2016.

(4)	As described in Note 8, the Company recorded goodwill and other intangible asset impairment losses of $352.2 million in the fourth quarter of 2016, which are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations.

Guarantor and Non-Guarantor Financial Information (Tables)

12 Months Ended

Dec. 31, 2016

Condensed Supplemental Consolidating Balance Sheet

Condensed Supplemental Consolidating Balance Sheet

December 31, 2016

(In thousands)


	Parent Company		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—	$	236		$	61,875		$	—		$	62,111
Investments		—		—			10,419			—			10,419
Accounts receivable, net		—		372,945			56,088			—			429,033
Inventories, net		—		869,563			108,474			—			978,037
Assets held for sale		—		3,562			—			—			3,562
Prepaid expenses and other current assets		23,570		36,652			17,365			—			77,587

Total current assets		23,570		1,282,958			254,221			—			1,560,749
Property, plant, and equipment, net		31,276		1,181,013			147,031			—			1,359,320
Goodwill		—		2,330,823			116,418			—			2,447,241
Investment in subsidiaries		5,031,514		519,353			—			(5,550,867	)		—
Intercompany accounts receivable (payable), net		199,593		(196,929	)		(2,664	)		—			—
Deferred income taxes		20,746		—			—			(20,746	)		—
Intangible and other assets, net		53,921		1,018,004			106,587			—			1,178,512

Total assets	$	5,360,620	$	6,135,222		$	621,593		$	(5,571,613	)	$	6,545,822

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable and accrued expenses	$	61,257	$	493,090		$	72,426		$	—		$	626,773
Current portion of long-term debt		63,115		3,195			111			—			66,421

Total current liabilities		124,372		496,285			72,537			—			693,194
Long-term debt		2,722,332		2,187			241			—			2,724,760
Deferred income taxes		—		418,268			24,637			(20,746	)		422,159
Other long-term liabilities		10,592		186,968			4,825			—			202,385
Stockholders’ equity		2,503,324		5,031,514			519,353			(5,550,867	)		2,503,324

Total liabilities and stockholders’ equity	$	5,360,620	$	6,135,222		$	621,593		$	(5,571,613	)	$	6,545,822

Condensed Supplemental Consolidating Balance Sheet

December 31, 2015

(In thousands)


	Parent Company		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	10,384	$	91		$	24,444		$	—		$	34,919
Investments		—		—			8,388			—			8,388
Accounts receivable, net		17		182,524			20,657			—			203,198
Inventories, net		—		510,255			73,860			—			584,115
Prepaid expenses and other current assets		17,625		6,608			8,968			(16,618	)		16,583

Total current assets		28,026		699,478			136,317			(16,618	)		847,203
Property, plant, and equipment, net		26,294		470,639			44,595			—			541,528
Goodwill		—		1,526,004			123,790			—			1,649,794
Investment in subsidiaries		2,411,532		338,849			—			(2,750,381	)		—
Intercompany accounts receivable (payable), net		582,267		(553,408	)		(28,859	)		—			—
Deferred income taxes		18,092		—			—			(18,092	)		—
Intangible and other assets, net		46,041		504,127			114,103			—			664,271

Total assets	$	3,112,252	$	2,985,689		$	389,946		$	(2,785,091	)	$	3,702,796

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable and accrued expenses	$	16,526	$	239,316		$	21,356		$	(16,618	)	$	260,580
Current portion of long-term debt		11,621		3,116			156			—			14,893

Total current liabilities		28,147		242,432			21,512			(16,618	)		275,473
Long-term debt		1,219,011		2,398			332			—			1,221,741
Deferred income taxes		—		272,910			24,290			(18,092	)		279,108
Other long-term liabilities		10,235		56,417			4,963			—			71,615
Stockholders’ equity		1,854,859		2,411,532			338,849			(2,750,381	)		1,854,859

Total liabilities and stockholders’ equity	$	3,112,252	$	2,985,689		$	389,946		$	(2,785,091	)	$	3,702,796

Condensed Supplemental Consolidating Statement of Operations

Condensed Supplemental Consolidating Statement of Operations

Year Ended December 31, 2016

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	5,838,973		$	646,281		$	(310,166	)	$	6,175,088
Cost of sales		—			4,810,217			549,655			(310,166	)		5,049,706

Gross profit		—			1,028,756			96,626			—			1,125,382
Selling, general, and administrative expense		132,377			553,599			59,360			—			745,336
Amortization expense		9,450			91,152			9,270			—			109,872
Impairment of goodwill and other intangible assets		—			337,230			15,013			—			352,243
Other operating expense, net		—			12,668			2,055			—			14,723

Operating (loss) income		(141,827	)		34,107			10,928			—			(96,792	)
Interest expense		118,208			266			5,458			(4,777	)		119,155
Interest income		(2,235	)		(5,159	)		(1,568	)		4,777			(4,185	)
Other expense (income), net		(10,449	)		537			(6,487	)		—			(16,399	)

(Loss) income before income taxes		(247,351	)		38,463			13,525			—			(195,363	)
Income taxes (benefit)		(94,528	)		134,387			(6,628	)		—			33,231
Equity in net (loss) income of subsidiaries		(75,771	)		20,153			—			55,618			—

Net (loss) income	$	(228,594	)	$	(75,771	)	$	20,153		$	55,618		$	(228,594	)

Condensed Supplemental Consolidating Statement of Operations

Year Ended December 31, 2015

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	3,023,048		$	419,190		$	(235,833	)	$	3,206,405
Cost of sales		—			2,434,130			363,805			(235,833	)		2,562,102

Gross profit		—			588,918			55,385			—			644,303
Selling, general, and administrative expense		73,201			233,731			35,220			—			342,152
Amortization expense		8,097			42,626			9,875			—			60,598
Other operating expense, net		—			1,817			—			—			1,817

Operating (loss) income		(81,298	)		310,744			10,290			—			239,736
Interest expense		43,808			354			6,976			(5,664	)		45,474
Interest income		(1,450	)		(5,664	)		(1,517	)		5,664			(2,967	)
Other expense (income), net		(7	)		20,311			5,661			—			25,965

(Loss) income before income taxes		(123,649	)		295,743			(830	)		—			171,264
Income taxes (benefit)		(47,215	)		105,745			(2,176	)		—			56,354
Equity in net income (loss) of subsidiaries		191,344			1,346			—			(192,690	)		—

Net income (loss)	$	114,910		$	191,344		$	1,346		$	(192,690	)	$	114,910

Condensed Supplemental Consolidating Statement of Operations

Year Ended December 31, 2014

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	2,617,998		$	493,501		$	(165,397	)	$	2,946,102
Cost of sales		—			2,081,994			422,901			(165,397	)		2,339,498

Gross profit		—			536,004			70,600			—			606,604
Selling, general, and administrative expense		68,632			222,158			42,605			—			333,395
Amortization expense		6,521			35,817			10,296			—			52,634
Other operating expense, net		—			2,365			56			—			2,421

Operating (loss) income		(75,153	)		275,664			17,643			—			218,154
Interest expense		41,316			667			3,924			(3,871	)		42,036
Interest income		(2	)		(3,900	)		(959	)		3,871			(990	)
Loss on extinguishment of debt		22,019			—			—			—			22,019
Other expense (income), net		22			11,247			7,250			—			18,519

(Loss) income before income taxes		(138,508	)		267,650			7,428			—			136,570
Income taxes (benefit)		(51,761	)		99,780			(1,329	)		—			46,690
Equity in net income (loss) of subsidiaries		176,627			8,757			—			(185,384	)		—

Net income (loss)	$	89,880		$	176,627		$	8,757		$	(185,384	)	$	89,880

Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss)

Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss)

Year Ended December 31, 2016

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated
Net (loss) income	$	(228,594	)	$	(75,771	)	$	20,153	$	55,618		$	(228,594	)
Other comprehensive income:
Foreign currency translation adjustments		—			—			11,123		—			11,123
Pension and postretirement reclassification adjustment, net of tax		—			1,070			—		—			1,070

Other comprehensive income		—			1,070			11,123		—			12,193
Equity in other comprehensive income (loss) of subsidiaries		12,193			11,123			—		(23,316	)		—

Comprehensive (loss) income	$	(216,401	)	$	(63,578	)	$	31,276	$	32,302		$	(216,401	)

Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss)

Year Ended December 31, 2015

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	114,910		$	191,344		$	1,346		$	(192,690	)	$	114,910
Other comprehensive income (loss):
Foreign currency translation adjustments		—			—			(49,186	)		—			(49,186	)
Pension and postretirement reclassification adjustment, net of tax		—			49			—			—			49

Other comprehensive income (loss)		—			49			(49,186	)		—			(49,137	)
Equity in other comprehensive income (loss) of subsidiaries		(49,137	)		(49,186	)		—			98,323			—

Comprehensive income (loss)	$	65,773		$	142,207		$	(47,840	)	$	(94,367	)	$	65,773

Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss)

Year Ended December 31, 2014

(In thousands)


	Parent			Guarantor			Non-Guarantor
	Company			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	89,880		$	176,627		$	8,757		$	(185,384	)	$	89,880
Other comprehensive income (loss):
Foreign currency translation adjustments		—			—			(26,637	)		—			(26,637	)
Pension and postretirement reclassification adjustment, net of tax		—			(5,931	)		—			—			(5,931	)

Other comprehensive income (loss)		—			(5,931	)		(26,637	)		—			(32,568	)
Equity in other comprehensive income (loss) of subsidiaries		(32,568	)		(26,637	)		—			59,205			—

Comprehensive income (loss)	$	57,312		$	144,059		$	(17,880	)	$	(126,179	)	$	57,312

Condensed Supplemental Consolidating Statement of Cash Flows

Condensed Supplemental Consolidating Statement of Cash Flows

Year Ended December 31, 2016

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	(201,183	)	$	609,399		$	13,722		$	56,675		$	478,613
Cash flows from investing activities:
Additions to property, plant, and equipment		(6,971	)		(151,473	)		(16,787	)		—			(175,231	)
Additions to intangible assets		(9,743	)		(2,101	)		—			—			(11,844	)
Intercompany transfer		420,141			(117,771	)		—			(302,370	)		—
Acquisitions, less cash acquired		(2,687,722	)		337			43,021			—			(2,644,364	)
Proceeds from sale of fixed assets		—			1,706			15			—			1,721
Increase in restricted cash		—			(605	)		—			—			(605	)
Other		—			—			(1,063	)		—			(1,063	)

Net cash (used in) provided by investing activities		(2,284,295	)		(269,907	)		25,186			(302,370	)		(2,831,386	)
Cash flows from financing activities:
Net borrowing (repayment) of debt		1,580,281			(3,206	)		(98	)		—			1,576,977
Payment of deferred financing costs		(34,328	)		—			—			—			(34,328	)
Intercompany transfer		94,058			(336,141	)		(3,612	)		245,695			—
Net proceeds from issuance of common stock		835,131			—			—			—			835,131
Receipts related to stock-based award activities		8,758			—			—			—			8,758
Payments related to stock-based award activities		(8,806	)		—			—			—			(8,806	)

Net cash provided by (used in) financing activities		2,475,094			(339,347	)		(3,710	)		245,695			2,377,732
Effect of exchange rate changes on cash and cash equivalents		—			—			2,233			—			2,233

(Decrease) increase in cash and cash equivalents		(10,384	)		145			37,431			—			27,192
Cash and cash equivalents, beginning of year		10,384			91			24,444			—			34,919

Cash and cash equivalents, end of year	$	—		$	236		$	61,875		$	—		$	62,111

Condensed Supplemental Consolidating Statement of Cash Flows

Year Ended December 31, 2015

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	105,282		$	357,420		$	19,618		$	(191,673	)	$	290,647
Cash flows from investing activities:
Additions to property, plant, and equipment		(874	)		(64,520	)		(7,340	)		—			(72,734	)
Additions to intangible assets		(11,830	)		(1,406	)		(126	)		—			(13,362	)
Intercompany transfer		(11,420	)		(114,895	)		—			126,315			—
Proceeds from sale of fixed assets		—			465			141			—			606
Other		—			—			(831	)		—			(831	)

Net cash (used in) provided by investing activities		(24,124	)		(180,356	)		(8,156	)		126,315			(86,321	)
Cash flows from financing activities:
Net repayment of debt		(211,500	)		(3,649	)		(113	)		—			(215,262	)
Payment of deferred financing costs		(242	)		—			—			—			(242	)
Intercompany transfer		120,643			(175,014	)		(10,987	)		65,358			—
Receipts related to stock-based award activities		8,532			—			—			—			8,532
Payments related to stock-based award activities		(6,698	)		—			—			—			(6,698	)
Other		(215	)		—			—			—			(215	)

Net cash (used in) provided by financing activities		(89,480	)		(178,663	)		(11,100	)		65,358			(213,885	)
Effect of exchange rate changes on cash and cash equivalents		—			—			(7,503	)		—			(7,503	)

Decrease in cash and cash equivalents		(8,322	)		(1,599	)		(7,141	)		—			(17,062	)
Cash and cash equivalents, beginning of year		18,706			1,690			31,585			—			51,981

Cash and cash equivalents, end of year	$	10,384		$	91		$	24,444		$	—		$	34,919

Condensed Supplemental Consolidating Statement of Cash Flows

Year Ended December 31, 2014

(In thousands)


	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	166,820		$	217,310		$	29,816		$	(184,396	)	$	229,550
Cash flows from investing activities:
Additions to property, plant, and equipment		(16,201	)		(66,011	)		(6,363	)		—			(88,575	)
Additions to intangible assets		(9,012	)		(2,544	)		913			—			(10,643	)
Intercompany transfer		(1,055,537	)		884,087			(12,946	)		184,396			—
Acquisitions, net of cash acquired		—			(996,062	)		3,053			—			(993,009	)
Proceeds from sale of fixed assets		—			2,457			385			—			2,842
Other		—			—			(521	)		—			(521	)

Net cash (used in) provided by investing activities		(1,080,750	)		(178,073	)		(15,479	)		184,396			(1,089,906	)
Cash flows from financing activities:
Net borrowing (repayment) of debt		515,000			(2,839	)		(356	)		—			511,805
Payment of deferred financing costs		(13,712	)		—			—			—			(13,712	)
Payment of debt premium for extinguishment of debt		(16,693	)		—			—			—			(16,693	)
Intercompany transfer		38,577			(38,577	)		—			—			—
Net proceeds from issuance of stock		358,364			—			—			—			358,364
Receipts related to stock-based award activities		32,608			—			—			—			32,608
Payments related to stock-based award activities		(4,776	)		—			—			—			(4,776	)

Net cash provided by (used in) financing activities		909,368			(41,416	)		(356	)		—			867,596
Effect of exchange rate changes on cash and cash equivalents		—			—			(1,734	)		—			(1,734	)

(Decrease) increase in cash and cash equivalents		(4,562	)		(2,179	)		12,247			—			5,506
Cash and cash equivalents, beginning of year		23,268			3,869			19,338			—			46,475

Cash and cash equivalents, end of year	$	18,706		$	1,690		$	31,585		$	—		$	51,981

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary Of Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 62,111	$ 34,919	$ 51,981	$ 46,475
Credit terms to customers, minimum	10 days
Credit terms to customers, maximum	30 days
Shipping and handling costs	$ 198,800	87,200	80,000
Research and development charges	29,600	14,300	$ 12,800
Foreign Jurisdictions
Summary Of Significant Accounting Policies [Line Items]
Cash and cash equivalents	61,900	$ 24,400
Prepaid expenses and other current assets
Summary Of Significant Accounting Policies [Line Items]
Restricted Cash and Cash Equivalents	$ 2,900

Estimated Useful Lives of Assets (Detail)	12 Months Ended
Estimated Useful Lives of Assets (Detail)	Dec. 31, 2016
Minimum \| Buildings and improvements
Property, Plant and Equipment [Line Items]
Useful Life	12 years
Minimum \| Machinery and equipment
Property, Plant and Equipment [Line Items]
Useful Life	3 years
Minimum \| Office furniture and equipment
Property, Plant and Equipment [Line Items]
Useful Life	3 years
Maximum \| Buildings and improvements
Property, Plant and Equipment [Line Items]
Useful Life	40 years
Maximum \| Machinery and equipment
Property, Plant and Equipment [Line Items]
Useful Life	15 years
Maximum \| Office furniture and equipment
Property, Plant and Equipment [Line Items]
Useful Life	12 years

Estimated Useful Lives of Intangible Assets (Detail)	12 Months Ended
Estimated Useful Lives of Intangible Assets (Detail)	Dec. 31, 2016
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Useful Life	Straight-line method over 5 to 20 years
Trademarks
Finite-Lived Intangible Assets [Line Items]
Useful Life	Straight-line method over 10 to 20 years
Non-compete agreement
Finite-Lived Intangible Assets [Line Items]
Useful Life	Straight-line method over the terms of the agreements
Deferred financing costs associated with Line-of-Credit Arrangements
Finite-Lived Intangible Assets [Line Items]
Useful Life	Straight-line method over the terms of the arrangements
Formulas/recipes
Finite-Lived Intangible Assets [Line Items]
Useful Life	Straight-line method over 5 to 7 years
Computer software
Finite-Lived Intangible Assets [Line Items]
Useful Life	Straight-line method over 2 to 7 years
Minimum \| Customer relationships
Finite-Lived Intangible Assets [Line Items]
Useful Life	5 years
Minimum \| Trademarks
Finite-Lived Intangible Assets [Line Items]
Useful Life	10 years
Minimum \| Formulas/recipes
Finite-Lived Intangible Assets [Line Items]
Useful Life	5 years
Minimum \| Computer software
Finite-Lived Intangible Assets [Line Items]
Useful Life	2 years
Maximum \| Customer relationships
Finite-Lived Intangible Assets [Line Items]
Useful Life	20 years
Maximum \| Trademarks
Finite-Lived Intangible Assets [Line Items]
Useful Life	20 years
Maximum \| Formulas/recipes
Finite-Lived Intangible Assets [Line Items]
Useful Life	7 years
Maximum \| Computer software
Finite-Lived Intangible Assets [Line Items]
Useful Life	7 years

Recently Issued Accounting Pronouncements - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Income tax benefit from excess tax benefits and deficiencies	$ 10.9	$ 9.5	$ 8.8
Accounting Standards Update 2016-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Income tax benefit from excess tax benefits and deficiencies	$ 4.3
Restatement Adjustment \| Accounting Standards Update 2016-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Excess tax benefits from stock-based compensation, financing activities		(5.3)	(17.6)
Excess tax benefits from stock-based compensation, operating activities		$ 5.3	$ 17.6

Schedule of Facility Closures (Detail)
$ in Thousands

12 Months Ended

Dec. 31, 2016

USD ($)

$ 48,149

Restructuring Plan, One

City of Industry, California

Nov. 18, 2015

First quarter of 2016

Third quarter of 2016

Liquid non-dairy creamer and refrigerated salad dressings

Food Away From Home

$ 6,900

Restructuring Plan, Two

Ayer, Massachusetts

Apr. 05, 2016

First quarter of 2017

Third quarter of 2017

Spoonable dressings

North American Retail Grocery, Food Away From Home

Restructuring Plan, Three

$ 8,200

Azusa, California

May 24, 2016

Second quarter of 2017

Second quarter of 2017

Bars and snack products

North American Retail Grocery

$ 15,200

Restructuring Plan, Four

Ripon, Wisconsin

May 24, 2016

Fourth quarter of 2016

Fourth quarter of 2016

Sugar wafer cookies

North American Retail Grocery

$ 2,300

Restructuring Plan, Five

Delta, British Columbia

Nov. 03, 2016

Fourth quarter of 2017

First quarter of 2018

Frozen griddle products

North American Retail Grocery

$ 5,200

Restructuring Plan, Six

Battle Creek, Michigan

Nov. 03, 2016

-

^[1]

-

^[1]

Ready-to-eat cereal

North American Retail Grocery

Expected payment in cash | Restructuring Plan, One

$ 10,400

Expected payment in cash | Restructuring Plan, Two

3,800

Expected payment in cash | Restructuring Plan, Three

5,500

Expected payment in cash | Restructuring Plan, Four

13,500

Expected payment in cash | Restructuring Plan, Five

1,200

Expected payment in cash | Restructuring Plan, Six

3,700

$ 2,800

[1]	The downsizing of this facility began in January 2017 and is expected to last approximately 15 months.

Schedule of Facility Closures (Parenthetical) (Detail) - Restructuring Plan, Six	12 Months Ended
	Dec. 31, 2016
Restructuring Cost and Reserve [Line Items]
Initiation month year	2017-01
Restructuring period	15 months

Restructuring - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2016 USD ($)
City of Industry, California
Restructuring Cost and Reserve [Line Items]
Plant closure, (reduction)increase in expected costs	$ (4.9)
Ripon, Wisconsin
Restructuring Cost and Reserve [Line Items]
Plant closure, (reduction)increase in expected costs	0.2
Ayer, Massachusetts Facility
Restructuring Cost and Reserve [Line Items]
Plant closure, (reduction)increase in expected costs	1.7
Azusa, California
Restructuring Cost and Reserve [Line Items]
Plant closure, (reduction)increase in expected costs	0.3
Battle Creek, Michigan
Restructuring Cost and Reserve [Line Items]
Plant closure, (reduction)increase in expected costs	$ 0.9

Aggregate Expenses Incurred Associated with Facility Closure (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 17,789
Cumulative costs to date	22,000
Total expected costs	48,149
Asset Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	7,188
Cumulative costs to date	10,208
Total expected costs	17,685
Employee Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	6,164
Cumulative costs to date	7,326
Total expected costs	13,264
Other closure costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	4,437
Cumulative costs to date	4,466
Total expected costs	$ 17,200

Reconciliation of Liabilities (Detail) $ in Thousands	12 Months Ended
Reconciliation of Liabilities (Detail) $ in Thousands	Dec. 31, 2016 USD ($)
Restructuring Cost and Reserve [Line Items]
Expense	$ 17,789
Severance
Restructuring Cost and Reserve [Line Items]
Balance as of December 31, 2015	395
Payments	(2,470)
Balance as of December 31, 2016	3,500
Severance \| Member Units
Restructuring Cost and Reserve [Line Items]
Expense	5,575
Multi-employer Pension Plan Withdrawal
Restructuring Cost and Reserve [Line Items]
Balance as of December 31, 2015	767
Balance as of December 31, 2016	767
Employee Related Costs
Restructuring Cost and Reserve [Line Items]
Balance as of December 31, 2015	1,162
Expense	6,164
Payments	(2,470)
Balance as of December 31, 2016	4,267
Employee Related Costs \| Member Units
Restructuring Cost and Reserve [Line Items]
Expense	$ 5,575

Acquisitions - Additional Information (Detail) - USD ($)				11 Months Ended	12 Months Ended
	Jul. 25, 2016	Feb. 01, 2016	Jan. 26, 2016	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Business acquisition, cost of acquired entity, purchase price, net of cash					$ 2,644,364,000		$ 993,009,000
Net proceeds from issuance of stock					835,131,000		358,364,000
Proceeds from issuance of 2024 Notes					775,000,000		400,000,000
Proceeds from issuance of term loans A-2					1,025,000,000		500,000,000
Goodwill				$ 2,447,241,000	2,447,241,000	$ 1,649,794,000	1,667,985,000
Cost of sales					5,049,706,000	2,562,102,000	2,339,498,000
Purchase price adjustments					14,314,000	5,556,000
North American Retail Grocery
Business Acquisition [Line Items]
Goodwill				2,157,411,000	2,157,411,000	1,423,441,000	1,439,476,000
Purchase price adjustments					13,377,000	5,556,000
Food Away From Home
Business Acquisition [Line Items]
Goodwill				155,744,000	155,744,000	92,267,000	$ 94,423,000
Purchase price adjustments					$ 937,000
Customer relationships \| Minimum
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life					5 years
Customer relationships \| Maximum
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life					20 years
Formulas/recipes \| Minimum
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life					5 years
Formulas/recipes \| Maximum
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life					7 years
Computer software \| Minimum
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life					2 years
Computer software \| Maximum
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life					7 years
Private brands business of ConAgra Foods
Business Acquisition [Line Items]
Business acquisition, cost of acquired entity, purchase price, net of cash		$ 2,644,400,000
Net proceeds from issuance of stock		835,100,000	$ 835,100,000
Proceeds from issuance of 2024 Notes		760,700,000
Proceeds from issuance of term loans A-2		1,025,000,000
Revolving credit facility - maximum borrowing capacity		900,000,000
Net sales				2,992,900,000
Income before income taxes				117,300,000
Integration costs				$ 9,700,000
Indemnification assets		13,800,000
Goodwill		1,138,238,000
Business acquisition related costs		35,200,000
Purchase price adjustments					$ 14,300,000
Payment on purchase price adjustment	$ 4,200,000
Asset impairment charges						$ 1,300,000,000
Private brands business of ConAgra Foods \| Fair Value Adjustment to Inventory
Business Acquisition [Line Items]
Cost of sales		8,400,000			$ 200,000
Private brands business of ConAgra Foods \| North American Retail Grocery
Business Acquisition [Line Items]
Goodwill		1,063,700,000
Private brands business of ConAgra Foods \| Food Away From Home
Business Acquisition [Line Items]
Goodwill		74,500,000
Private brands business of ConAgra Foods \| Customer relationships
Business Acquisition [Line Items]
Intangible asset		510,900,000
Private brands business of ConAgra Foods \| Customer relationships \| North American Retail Grocery
Business Acquisition [Line Items]
Intangible asset		$ 496,100,000
Finite-lived intangible assets, useful life		13 years
Private brands business of ConAgra Foods \| Customer relationships \| Food Away From Home
Business Acquisition [Line Items]
Intangible asset		$ 14,800,000
Finite-lived intangible assets, useful life		10 years
Private brands business of ConAgra Foods \| Trade names
Business Acquisition [Line Items]
Intangible asset		$ 33,000,000
Finite-lived intangible assets, useful life		10 years
Private brands business of ConAgra Foods \| Formulas/recipes
Business Acquisition [Line Items]
Intangible asset		$ 23,200,000
Finite-lived intangible assets, useful life		5 years
Private brands business of ConAgra Foods \| Computer software
Business Acquisition [Line Items]
Intangible asset		$ 19,576,000
Private brands business of ConAgra Foods \| Computer software \| Minimum
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life		1 year
Private brands business of ConAgra Foods \| Computer software \| Maximum
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life		5 years

Purchase Price Allocation to Net Tangible and Intangible Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Feb. 01, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Goodwill	$ 2,447,241		$ 1,649,794	$ 1,667,985
Private brands business of ConAgra Foods
Business Acquisition [Line Items]
Cash		$ 43,358
Receivables		162,695
Inventory		443,687
Property, plant, and equipment		809,571
Other assets		54,965
Goodwill		1,138,238
Assets acquired		3,239,190
Deferred taxes		(152,660)
Assumed current liabilities		(248,519)
Assumed long-term liabilities		(150,289)
Total purchase price		2,687,722
Private brands business of ConAgra Foods \| Customer relationships
Business Acquisition [Line Items]
Intangible asset		510,900
Private brands business of ConAgra Foods \| Trade names
Business Acquisition [Line Items]
Intangible asset		33,000
Private brands business of ConAgra Foods \| Computer software
Business Acquisition [Line Items]
Intangible asset		19,576
Private brands business of ConAgra Foods \| Formulas/recipes
Business Acquisition [Line Items]
Intangible asset		$ 23,200

Business Acquisition Pro Forma Information (Detail) - Private brands business of ConAgra Foods - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Pro forma net sales	$ 6,499,051	$ 6,795,936
Pro forma net loss	$ (206,879)	$ (664,159)
Pro forma basic loss per common share	$ (3.65)	$ (11.79)
Pro forma diluted loss per common share	$ (3.65)	$ (11.79)

Investments (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Investment [Line Items]
Total investments	$ 10,419	$ 8,388
Equity \| United States
Investment [Line Items]
Total investments	7,613	5,283
Equity \| Non-U.S.
Investment [Line Items]
Total investments	1,796	1,574
Fixed Income
Investment [Line Items]
Total investments	$ 1,010	$ 1,531

Investments - Additional Information (Detail) $ in Millions	12 Months Ended
Investments - Additional Information (Detail) $ in Millions	Dec. 31, 2016 USD ($)
Investment [Line Items]
Realized gains on investments	$ 0.2
Interest expense
Investment [Line Items]
Net unrealized investment gains (losses)	(0.7)
Interest income
Investment [Line Items]
Net unrealized investment gains (losses)	$ 1.4

Inventories (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Inventory [Line Items]
Raw materials and supplies	$ 429,386	$ 274,007
Finished goods	571,886	331,535
LIFO reserve	(23,235)	(21,427)
Total inventories	$ 978,037	$ 584,115

Inventories - Additional Information (Detail) - USD ($)	12 Months Ended
Inventories - Additional Information (Detail) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Inventory [Line Items]
LIFO inventory	$ 105,900,000	$ 88,100,000
LIFO inventory liquidation	0	0
Inventory accounted for under the weighted average cost method	$ 116,200,000	$ 119,800,000

Property, Plant, and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Land	$ 71,248	$ 25,954
Buildings and improvements	465,358	226,134
Machinery and equipment	1,324,458	681,711
Construction in progress	84,986	24,493
Total	1,946,050	958,292
Less accumulated depreciation	(586,730)	(416,764)
Property, plant, and equipment, net	$ 1,359,320	$ 541,528

Property, Plant, and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 178,366	$ 61,469	$ 63,281

Changes in Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Goodwill [Line Items]
Beginning Balance	$ 1,649,794	$ 1,667,985
Acquisitions	1,123,924
Purchase price adjustments	14,314	5,556
Impairment losses	(344,851)
Foreign currency exchange adjustments	4,060	(23,747)
Ending Balance	2,447,241	1,649,794
North American Retail Grocery
Goodwill [Line Items]
Beginning Balance	1,423,441	1,439,476
Acquisitions	1,050,383
Purchase price adjustments	13,377	5,556
Impairment losses	(333,419)
Foreign currency exchange adjustments	3,629	(21,591)
Ending Balance	2,157,411	1,423,441
Food Away From Home
Goodwill [Line Items]
Beginning Balance	92,267	94,423
Acquisitions	73,541
Purchase price adjustments	937
Impairment losses	(11,432)
Foreign currency exchange adjustments	431	(2,156)
Ending Balance	155,744	92,267
Industrial and Export
Goodwill [Line Items]
Beginning Balance	134,086	134,086
Ending Balance	$ 134,086	$ 134,086

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment losses	$ 344,851,000
Goodwill deductible for tax purposes	408,000,000
Total intangible assets, excluding goodwill	1,137,558,000	$ 646,655,000
Amortization expense on intangible assets	109,872,000	60,598,000	$ 52,634,000
North American Retail Grocery
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment losses	333,419,000
Food Away From Home
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment losses	11,432,000
Amport
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of intangible assets, finite-lived	3,800,000
Other Intangible Assets
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of intangible assets, finite-lived	0
Saucemaker
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of intangible assets, indefinite-lived	3,600,000
Other Intangible Assets
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of intangible assets, indefinite-lived	$ 0	$ 0

Carrying Amounts of Intangible Assets with Indefinite Lives Other Than Goodwill (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Indefinite-lived Intangible Assets [Line Items]
Indefinite lived intangibles	$ 21,591	$ 25,229
Trademarks
Indefinite-lived Intangible Assets [Line Items]
Indefinite lived intangibles	$ 21,591	$ 25,229

Gross Carrying Amounts and Accumulated Amortization of Intangible Assets, with Finite Lives (Detail) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

$ 1,506,309

$ 893,133

(390,342)

(271,707)

Customer-related Intangible Assets

1,115,967

621,426

^[1]

1,284,379

769,419

^[1]

(293,324)

(208,962)

^[1]

991,055

560,457

Contractual agreements

^[2]

2,969

2,964

^[2]

(2,900)

(2,831)

^[2]

69

133

Trademarks

^[3]

69,553

32,240

^[3]

(23,593)

(11,091)

^[3]

45,960

21,149

Formulas/recipes

^[4]

33,719

10,471

^[4]

(12,837)

(7,824)

^[4]

20,882

2,647

Computer software

^[5]

115,689

78,039

^[5]

(57,688)

(40,999)

Schedule of Components of Income Before Income Tax Expense (Benefit) [Line Items]

^[5]

$ 58,001

$ 37,040

[1]	customer-related at 12.1 years
[2]	contractual agreements at 1.4 years
[3]	trademarks at 8.5 years
[4]	formulas/recipes at 4.0 years
[5]	computer software at 4.3 years. The weighted average remaining useful life in total for all amortizable intangible assets is 11.4 years as of December 31, 2016

Goodwill and Intangible Assets - Additional Information (Parenthetical) (Detail) - Weighted Average	12 Months Ended
	Dec. 31, 2016
Goodwill And Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	11 years 4 months 24 days
Customer-related Intangible Assets
Goodwill And Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	12 years 1 month 6 days
Trademarks
Goodwill And Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	8 years 6 months
Formulas/recipes
Goodwill And Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	4 years
Computer software
Goodwill And Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	4 years 3 months 18 days
Contractual agreements
Goodwill And Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	1 year 4 months 24 days

Estimated Amortization Expense on Intangible Assets (Detail) $ in Thousands	Dec. 31, 2016 USD ($)
Finite-Lived Intangible Assets [Line Items]
2017	$ 112,811
2018	106,309
2019	104,569
2020	102,533
2021	$ 92,721

Accounts Payable and Accrued Expenses (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Accounts Payable and Accrued Liabilities [Line Items]
Accounts payable	$ 458,127	$ 202,065
Payroll and benefits	78,500	27,467
Interest	24,143	6,241
Taxes	30,960	1,499
Health insurance, workers' compensation, and other insurance costs	17,179	9,331
Marketing expenses	12,352	7,435
Other accrued liabilities	5,512	6,542
Total	$ 626,773	$ 260,580

Components of (Loss) Income Before Income Taxes (Detail) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1]

Sep. 30, 2016

^[2]

Jun. 30, 2016

^[2]

Mar. 31, 2016

^[2],[3]

Dec. 31, 2015

^[1]

Sep. 30, 2015

^[2]

Jun. 30, 2015

^[2]

Mar. 31, 2015

^[2],[3]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Domestic source

$ (190,558)

$ 179,445

$ 147,452

Foreign source

(4,805)

(8,181)

(10,882)

$ (265,366)

$ 52,608

$ 22,175

$ (4,780)

$ 57,401

$ 40,275

$ 47,787

$ 25,801

$ (195,363)

$ 171,264

$ 136,570

[1]	As described in Note 8, the Company recorded goodwill and other intangible asset impairment losses of $352.2 million in the fourth quarter of 2016, which are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations.
[2]	As described in Note 2, the Company elected to early adopt ASU 2016-09 during the fourth quarter of 2016, resulting in the recognition of $4.3 million in excess tax benefits related to share-based payments, which are included in the Income taxes line of the Consolidated Statements of Operations. The quarterly results for the first three quarters of 2016 have been recast to reflect the adoption of the ASU as of January 1, 2016, resulting in income tax benefits of $0.2 million, $3.3 million, and $0.2 million in the first, second, and third quarters of 2016, respectively. The effect of the adoption was an increase in net (loss) income by the amounts indicated for each quarter. The effect on basic net (loss) income per common share was $0.06 and $0.01 for the second and third quarters of 2016, respectively. The effect on diluted net (loss) income per common share was $0.06 for the second quarter of 2016. The adoption had no basic or diluted net (loss) income per common share impact in the first quarter of 2016, and no diluted net (loss) income per common share impact in the third quarter of 2016.
[3]	The Company acquired the Private Brands Business on February 1, 2016.

Components of Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current:
Federal	$ 33,650	$ 57,237	$ 34,447
State	4,481	9,276	5,771
Foreign	7,553	(4,153)	(1,629)
Total current	45,684	62,360	38,589
Deferred:
Federal	(4,983)	(5,721)	8,176
State	(157)	(2,002)	605
Foreign	(7,313)	1,717	(680)
Total deferred	(12,453)	(6,006)	8,101
Total income tax expense	$ 33,231	$ 56,354	$ 46,690

Reconciliation of Income Tax Expense Computed at U.S. Federal Statutory Tax Rate to Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of Provision of Income Taxes [Line Items]
Tax at statutory rate	$ (68,377)	$ 59,942	$ 47,800
State income taxes	2,811	4,728	4,145
Tax benefit of cross-border intercompany financing structure	(3,816)	(3,962)	(4,579)
Domestic production activities deduction	(5,133)	(5,423)	(4,173)
Excess tax benefits related to stock-based compensation	(3,940)
Goodwill impairment	112,021
Other, net	(335)	1,069	3,497
Total income tax expense	$ 33,231	$ 56,354	$ 46,690

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Line Items]
Excess tax benefits from stock-based compensation	$ 10,900	$ 9,500	$ 8,800
Excess tax benefits related to stock-based compensation	(3,940)
Valuation allowance	8,929	852
Unrecognized tax benefits that would impact the effective tax rate, if reversed	27,400	16,300
Unrecognized tax benefits assumed in prior acquisitions	20,100	9,200
Indemnification assets write-off	20,100	9,200
Decrease in total amount of unrecognized tax benefits within the next 12 months	5,800
Decrease in unrecognized tax benefits is reasonably possible	3,300
Unrecognized tax benefits, recognized interest and penalties in income tax expense (benefit)	800	100	$ (100)
Unrecognized tax benefits, accrued payment of interest and penalties	4,600	600
Unrecognized tax benefits, accrued payment of interest and penalties, subject to in	4,300
Undistributed earnings, foreign subsidiaries	142,200
Amount of unrecognized U.S. federal income tax liabilities	35,800
Tax benefit related to foreign earnings	3,800	$ 4,000
domestic and international operations \| net operating loss carryforwards
Income Taxes [Line Items]
Deferred tax asset carryforward	8,300
Benefit in loss carryforwards	$ 30,800
Operating loss carryforwards expiration period	20 years
domestic and international operations \| net operating loss carryforwards \| Minimum
Income Taxes [Line Items]
Net operating loss carryforwards expiration year	2033
domestic and international operations \| net operating loss carryforwards \| Maximum
Income Taxes [Line Items]
Net operating loss carryforwards expiration year	2036
state \| net operating loss carryforwards
Income Taxes [Line Items]
Deferred tax asset carryforward	$ 1,800
Benefit in loss carryforwards	$ 29,700
state \| net operating loss carryforwards \| Minimum
Income Taxes [Line Items]
Operating loss carryforwards expiration period	5 years
Net operating loss carryforwards expiration year	2018
state \| net operating loss carryforwards \| Maximum
Income Taxes [Line Items]
Operating loss carryforwards expiration period	20 years
Net operating loss carryforwards expiration year	2036
state \| income tax credit carryforwards
Income Taxes [Line Items]
Deferred tax asset carryforward	$ 10,400
Benefit in tax credit carryforwards	$ 16,000
state \| income tax credit carryforwards \| Minimum
Income Taxes [Line Items]
Tax credit carryforwards expiration period	10 years
Tax credit carryforwards expiration year	2018
state \| income tax credit carryforwards \| Maximum
Income Taxes [Line Items]
Tax credit carryforwards expiration period	15 years
Tax credit carryforwards expiration year	2029
Foreign and state tax \| Private brands business of ConAgra Foods
Income Taxes [Line Items]
Valuation allowance	$ 8,100
Accounting Standards Update 2016-09
Income Taxes [Line Items]
Excess tax benefits from stock-based compensation	$ 4,300

Tax Effects of Temporary Differences Giving Rise to Deferred Income Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets:
Pension and postretirement benefits	$ 35,633	$ 7,373
Accrued liabilities	47,998	13,639
Stock compensation	19,369	16,644
Unrealized foreign exchange loss	7,716	7,449
Loss and credit carryovers	22,092	6,436
Other	37,417	16,279
Total deferred tax assets	170,225	67,820
Valuation allowance	(8,929)	(852)
Total deferred tax assets, net of valuation allowance	161,296	66,968
Deferred tax liabilities:
Fixed assets and intangible assets	(583,455)	(346,076)
Total deferred tax liabilities	(583,455)	(346,076)
Net deferred income tax liability	$ (422,159)	$ (279,108)

Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Contingency [Line Items]
Unrecognized tax benefits beginning balance	$ 19,542	$ 13,211	$ 12,499
Additions based on tax positions related to the current year		55	476
Additions based on tax positions of prior years	1,792	1,549	83
Additions resulting from acquisitions	14,444	6,391	11,366
Reductions for tax positions of prior years	(4,293)	(1,384)	(11,163)
Payments			(50)
Foreign currency translation	(114)	(280)
Unrecognized tax benefits ending balance	$ 31,371	$ 19,542	$ 13,211

Long-Term Debt (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Tax increment financing and other debt	$ 5,734	$ 6,002
Total outstanding debt	2,824,515	1,244,502
Deferred financing costs	(33,334)	(7,868)
Less current portion	(66,421)	(14,893)
Total long-term debt	2,724,760	1,221,741
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility	170,000	353,000
Term Loan A
Debt Instrument [Line Items]
Term Loan	288,000	295,500
Term Loan A-1
Debt Instrument [Line Items]
Term Loan	180,000	190,000
Term Loan A 2
Debt Instrument [Line Items]
Term Loan	1,005,781
2022 Notes
Debt Instrument [Line Items]
Senior notes	400,000	$ 400,000
2024 Notes
Debt Instrument [Line Items]
Senior notes	$ 775,000

Scheduled Maturities of Outstanding Debt, Excluding Deferred Financing Costs (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
2017	$ 73,150
2018	79,876
2019	82,379
2020	108,049
2021	1,306,028
Thereafter	1,175,033
Total outstanding debt	$ 2,824,515	$ 1,244,502

Long-Term Debt - Additional Information (Detail) - USD ($) $ in Millions		12 Months Ended
	Feb. 01, 2016	Dec. 31, 2016
Debt Instrument [Line Items]
Fees related to amended and restated credit agreement		$ 20.3
Average interest rate on debt outstanding		2.51%
Term Loan A 2
Debt Instrument [Line Items]
Debt instrument, leverage ratio	350.00%
Term loan maturity date	Feb. 01, 2021
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility maturity date	Feb. 01, 2021
Term Loan A
Debt Instrument [Line Items]
Term loan maturity date	Feb. 01, 2021
Term Loan A-1
Debt Instrument [Line Items]
Term loan maturity date	Feb. 01, 2021

Long-Term Debt - Additional Information - Revolving Credit Facility (Detail) - USD ($)		3 Months Ended	12 Months Ended
	Feb. 01, 2016	Mar. 31, 2016	Dec. 31, 2016
Direct And Indirect Guarantor Subsidiaries
Debt Instrument [Line Items]
Ownership percentage of direct and indirect guarantor subsidiary		100.00%
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility available			$ 680,900,000
Revolving credit facility - maximum borrowing capacity	$ 900,000,000
Letters of credit facility issued but undrawn			$ 49,100,000
Revolving credit availability reduced by undrawn letters of credit			There were $53.2 million in letters of credit under the Revolving Credit Facility that were issued but undrawn, which have been included as a reduction to the calculation of available credit.
Minimum payment default amount that triggers a Cross default provision	$ 75,000,000
Revolving Credit Facility \| Prior Credit Agreement
Debt Instrument [Line Items]
Term loan maturity date	May 06, 2019
Revolving Credit Facility \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Description of interest rate options			The interest rates under the Amended and Restated Credit Agreement are based on the Company's consolidated leverage ratio
Revolving Credit Facility \| London Interbank Offered Rate (LIBOR) \| Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.25%
Revolving Credit Facility \| London Interbank Offered Rate (LIBOR) \| Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3.00%
Revolving Credit Facility \| Base Rate Margin
Debt Instrument [Line Items]
Description of interest rate options			The interest rates under the Credit Agreement are based on the Company's consolidated leverage ratio
Revolving Credit Facility \| Base Rate Margin \| Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.25%
Revolving Credit Facility \| Base Rate Margin \| Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.00%

Long-Term Debt - Additional Information - Term Loan A (Detail) - Term Loan A - USD ($) $ in Thousands			12 Months Ended
	Feb. 01, 2016	May 06, 2014	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Term loan maturity date	Feb. 01, 2021
Term loan - issuance amount		$ 300,000
Frequency of payments			Quarterly
Term loans			$ 288,000	$ 295,500
Prior Credit Agreement
Debt Instrument [Line Items]
Term loan maturity date		May 06, 2021
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Description of interest rate options			The interest rates applicable to Term Loan A are based on the Company's consolidated leverage ratio
London Interbank Offered Rate (LIBOR) \| Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1.25%
London Interbank Offered Rate (LIBOR) \| Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		3.00%
Base Rate Margin
Debt Instrument [Line Items]
Description of interest rate options			The interest rates applicable to Term Loan A are based on the Company's consolidated leverage ratio
Base Rate Margin \| Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		0.25%
Base Rate Margin \| Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		2.00%

Long-Term Debt - Additional Information - Term Loan A-1 (Detail) - Term Loan A-1 - USD ($) $ in Thousands			12 Months Ended
	Feb. 01, 2016	Jul. 29, 2014	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Term loan maturity date	Feb. 01, 2021
Term loan - issuance amount		$ 200,000
Term loans			$ 180,000	$ 190,000
Payment frequency			Quarterly
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Description of interest rate options			The interest rates applicable to Term Loan A-1are based on the Company's consolidated leverage ratio
London Interbank Offered Rate (LIBOR) \| Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1.25%
London Interbank Offered Rate (LIBOR) \| Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		3.00%
Base Rate Margin
Debt Instrument [Line Items]
Description of interest rate options			The interest rates applicable to Term Loan A-1are based on the Company's consolidated leverage ratio
Base Rate Margin \| Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		0.25%
Base Rate Margin \| Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		2.00%
Prior Credit Agreement
Debt Instrument [Line Items]
Term loan maturity date		May 06, 2019

Long-Term Debt - Additional Information - Term Loan A-2 (Detail) - Term Loan A 2 - USD ($) $ in Thousands		12 Months Ended
	Feb. 01, 2016	Dec. 31, 2016
Debt Instrument [Line Items]
Term loan maturity date	Feb. 01, 2021
Term loan - issuance amount	$ 1,025,000
Term loans		$ 1,005,781
Payment frequency		Quarterly
Payment start date	Jun. 30, 2016
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Description of interest rate options		The interest rates applicable to Term Loan A-2 are based on the Company's consolidated leverage ratio
London Interbank Offered Rate (LIBOR) \| Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.25%
London Interbank Offered Rate (LIBOR) \| Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3.00%
Base Rate Margin
Debt Instrument [Line Items]
Description of interest rate options		The interest rates applicable to Term Loan A-2 are based on the Company's consolidated leverage ratio
Base Rate Margin \| Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.25%
Base Rate Margin \| Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.00%

Long-Term Debt - Additional Information - 2022 Notes (Detail) - USD ($) $ in Millions		3 Months Ended	12 Months Ended
	Mar. 11, 2014	Mar. 31, 2014	Dec. 31, 2016
2022 Notes
Debt Instrument [Line Items]
Gross proceeds from issuance of debt	$ 400
Underwriting discount	6
Net proceeds from issuance of debt	$ 394
Stated debt interest rate	4.875%
Effective interest rate on senior notes	4.99%
Term loan maturity date	Mar. 15, 2022
Redemption prices, plus accrued and unpaid interest, Percentage			101.00%
Senior notes, early redemption description			In the event of a change in control of the Company, the Company will be required to make an offer to purchase the 2022 Notes at a purchase price equal to 101% of the principal amount of the 2022 Notes, plus accrued and unpaid interest up to the purchase date.
2018 Notes
Debt Instrument [Line Items]
Stated debt interest rate	7.75%	7.75%
Term loan maturity date		Mar. 01, 2018
Debt Instrument, Redemption, Period One \| 2022 Notes
Debt Instrument [Line Items]
Redemption prices, plus accrued and unpaid interest, Percentage			100.00%
Senior notes, early redemption end date			Mar. 15, 2017
Senior notes, early redemption description			The Company may redeem some or all of the 2022 Notes at any time prior to March 15, 2017 at a price equal to 100% of the principal amount of the 2022 Notes redeemed, plus an applicable "make-whole" premium.
Debt Instrument, Redemption, Period Two \| 2022 Notes
Debt Instrument [Line Items]
Redemption prices, plus accrued and unpaid interest, Percentage			104.875%
Senior notes, early redemption end date			Mar. 15, 2017
Senior notes, early redemption description			In addition, at any time prior to March 15, 2017, the Company may redeem up to 35% of the 2022 Notes at a redemption price of 104.875% of the principal amount of the 2022 Notes redeemed with the net cash proceeds of certain equity offerings.
Senior notes, redemption rate of principal amount			35.00%
Debt Instrument, Redemption, Period Three \| 2022 Notes
Debt Instrument [Line Items]
Senior notes, early redemption description			On or after March 15, 2017, the Company may redeem some or all of the 2022 Notes at redemption prices set forth in the Indenture.
Senior notes, early redemption start date			Mar. 15, 2017

Long-Term Debt - Additional Information - 2024 Notes (Detail) - USD ($) $ in Millions		12 Months Ended
	Jan. 29, 2016	Dec. 31, 2016
2024 Notes
Debt Instrument [Line Items]
Aggregate principal amount	$ 775.0
Stated debt interest rate	6.00%
Term loan maturity date	Feb. 15, 2024
Net proceeds from the issuance of the 2024 Notes	$ 760.7
Effective interest rate on senior notes	6.23%
Interest payment dates of 2024 Notes		February 15 and August 15 of each year. The payments began on August 15, 2016
Senior notes, redemption rate of principal amount		101.00%
2024 Notes \| Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Senior notes, early redemption description		The Company may redeem some or all of the 2024 Notes at any time on or after February 15, 2019 at the applicable redemption prices described in the Indenture plus accrued and unpaid interest, if any, up to but not including the redemption date
Senior notes, early redemption start date		Feb. 15, 2019
2024 Notes \| Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Senior notes, early redemption description		In addition, prior to February 15, 2019, the Company may redeem all or a portion of the 2024 Notes at a price equal to 100% of the principal amount plus the "make-whole" premium set forth in the Indenture plus accrued and unpaid interest, if any, up to but not including the redemption date.
Senior notes, redemption rate of principal amount		100.00%
Senior notes, early redemption end date		Feb. 15, 2019
2024 Notes \| Debt Instrument, Redemption, Period Three
Debt Instrument [Line Items]
Senior notes, early redemption description		The Company may also redeem up to 40% of the 2024 Notes prior to February 15, 2019 with the net cash proceeds received from certain equity offerings at the redemption price set forth in the Indenture.
Senior notes, early redemption end date		Feb. 15, 2019
Senior notes, redemption rate of principal amount		40.00%
2022 Notes and 2024 Notes
Debt Instrument [Line Items]
Indenture accreted amount due and payable percentage		25.00%

Long-Term Debt - Additional Information - Interest Rate Swap Agreements (Detail) - Interest rate swap	1 Months Ended
	Jun. 30, 2016 USD ($)
Debt Instrument [Line Items]
Derivative notional amount	$ 500,000,000
Weighted average fixed interest rate	0.86%
Derivative contract, term	37 months
Derivative contract, date entered	Jan. 31, 2017
Derivative contract, date matures	Feb. 28, 2020
Minimum
Debt Instrument [Line Items]
Borrowing cost percentage on swapped principal	2.11%
Maximum
Debt Instrument [Line Items]
Borrowing cost percentage on swapped principal	3.86%

Long-Term Debt - Additional Information - Tax Increment Financing (Detail) - Tax Increment Financing - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 15, 2001
Debt Instrument [Line Items]
Tax Increment Financing - issuance amount		$ 4.0
Maturity Date	May 01, 2019
Tax increment financing	$ 1.0
Stated debt interest rate	7.16%
Discussion on use of funds	On December 15, 2001, the Urban Redevelopment Authority of Pittsburgh ("URA") issued $4.0 million of redevelopment bonds, pursuant to a "Tax Increment Financing Plan" to assist with certain aspects of the development and construction of the Company's Pittsburgh, Pennsylvania facilities. The agreement was transferred to the Company as part of the acquisition of the soup and infant feeding business.

Identification of the lender and information about a contractual promise to repay a short-term or long-term obligation, which includes borrowings under lines of credit, notes payable, commercial paper, bonds payable, debentures, and other contractual obligations for payment. This may include rationale for entering into the arrangement, significant terms of the arrangement, which may include amount, repayment terms, priority, collateral required, debt covenants, borrowing capacity, call features, participation rights, conversion provisions, sinking-fund requirements, voting rights, basis for conversion if convertible and remarketing provisions. The description may be provided for individual debt instruments, rational groupings of debt instruments, or by debt in total.

Schedule of Weighted Average Number of Diluted Shares Outstanding [Line Items]

Long-Term Debt - Additional Information - Capital Lease and Other Obligations (Detail) $ in Millions	Dec. 31, 2016 USD ($)
Machinery and equipment
Debt Instrument [Line Items]
Capital lease obligations	$ 4.7

Long-Term Debt - Additional Information - Deferred Financing Costs (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Deferred financing costs	$ 33,334	$ 7,868
Long Term Debt Current
Debt Instrument [Line Items]
Deferred financing costs	6,700	1,400
Long-term Debt
Debt Instrument [Line Items]
Deferred financing costs	$ 26,600	$ 6,500

Stockholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands			12 Months Ended
	Feb. 01, 2016	Jan. 26, 2016	Dec. 31, 2016	Dec. 31, 2014	Dec. 31, 2015
Stockholders Equity Note [Line Items]
Common stock, shares authorized			90,000,000		90,000,000
Common stock, par value			$ 0.01		$ 0.01
Proceeds from issuance of stock			$ 835,131	$ 358,364
Net proceeds recorded in additional paid-in capital			$ 2,071,897		$ 1,207,167
Common stock, shares issued			56,759,863		43,126,000
Common stock, shares outstanding			56,759,863		43,126,000
Preferred stock, shares authorized			10,000,000		10,000,000
Preferred stock, par value			$ 0.01		$ 0.01
Private brands business of ConAgra Foods
Stockholders Equity Note [Line Items]
Shares issuable, in relation to the acquisition, shares		13,269,230
Shares issuable, in relation to the acquisition, price per share		$ 65.00
Shares issuable, in relation to the acquisition, value		$ 862,500
Proceeds from issuance of stock	$ 835,100	835,100
Net proceeds recorded in additional paid-in capital		835,000
Net proceeds recorded in common stock at par value		$ 100

Summary of Effect of Share-Based Compensation Awards on Weighted Average Number of Shares Outstanding Used in Calculating Diluted Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1]

Sep. 30, 2016

^[2]

Jun. 30, 2016

^[2]

Mar. 31, 2016

^[2],[3]

Dec. 31, 2015

^[1]

Sep. 30, 2015

^[2]

Jun. 30, 2015

^[2]

Mar. 31, 2015

^[2],[3]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Weighted average common shares outstanding

$ (281,823)

$ 37,404

$ 18,965

$ (3,140)

$ 37,255

$ 28,441

$ 31,362

$ 17,852

$ (228,594)

$ 114,910

$ 89,880

55,717

43,052

39,348

Assumed exercise/vesting of equity awards

^[4]

657

890

Weighted average diluted common shares outstanding

55,717

43,709

40,238

Net (loss) earnings per basic share

$ (4.96)

^[5]

$ 0.66

^[5]

$ 0.34

^[5]

$ (0.06)

^[5]

$ 0.86

^[5]

$ 0.66

^[5]

$ 0.73

^[5]

$ 0.42

^[5]

$ (4.10)

$ 2.67

$ 2.28

Net (loss) earnings per diluted share

$ (4.96)

^[5]

$ 0.65

^[5]

$ 0.33

^[5]

$ (0.06)

^[5]

$ 0.85

^[5]

$ 0.65

^[5]

$ 0.72

^[5]

$ 0.41

^[5]

$ (4.10)

$ 2.63

$ 2.23

[1]	As described in Note 8, the Company recorded goodwill and other intangible asset impairment losses of $352.2 million in the fourth quarter of 2016, which are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations.
[2]	As described in Note 2, the Company elected to early adopt ASU 2016-09 during the fourth quarter of 2016, resulting in the recognition of $4.3 million in excess tax benefits related to share-based payments, which are included in the Income taxes line of the Consolidated Statements of Operations. The quarterly results for the first three quarters of 2016 have been recast to reflect the adoption of the ASU as of January 1, 2016, resulting in income tax benefits of $0.2 million, $3.3 million, and $0.2 million in the first, second, and third quarters of 2016, respectively. The effect of the adoption was an increase in net (loss) income by the amounts indicated for each quarter. The effect on basic net (loss) income per common share was $0.06 and $0.01 for the second and third quarters of 2016, respectively. The effect on diluted net (loss) income per common share was $0.06 for the second quarter of 2016. The adoption had no basic or diluted net (loss) income per common share impact in the first quarter of 2016, and no diluted net (loss) income per common share impact in the third quarter of 2016.
[3]	The Company acquired the Private Brands Business on February 1, 2016.
[4]	Incremental shares from equity awards are computed by the treasury stock method. For the year ended December 31, 2016, weighted average common shares outstanding is the same for the computations of basic and diluted shares because the Company had a net loss for the period. Equity awards, excluded from our computation of diluted earnings per share because they were anti-dilutive, were 1.2 million, 0.7 million, and 0.4 million for the years ended December 31, 2016, 2015, and 2014, respectively.
[5]	Due to rounding and the issuance of shares on January 26, 2016, the sum of the four quarters may not be the same as the total for the year.

Summary of Effect of Share-Based Compensation Awards on Weighted Average Number of Shares Outstanding Used in Calculating Diluted Earnings Per Share (Parenthetical) (Detail) - shares shares in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Schedule of Weighted Average Number of Diluted Shares Outstanding [Line Items]
Equity awards, excluded from computation of diluted earnings	1.2	0.7	0.4

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 29,860	$ 22,877	$ 25,067
Tax benefit recognized related to the compensation cost of share-based awards	$ 10,900	$ 9,500	$ 8,800
Expected term	6 years
Performance units converted into shares of common stock	85,249
Stock units, vested	110,926
Conversion ratio of awards vesting	130.00%
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation costs, unrecognized	$ 12,200
Compensation costs, recognition weighted average remaining period (in years)	2 years 1 month 6 days
Weighted average grant date fair	$ 25.89	$ 22.04	$ 23.00
Share based compensation arrangement, award vesting period	3 years
Share based compensation arrangement, award expiration period	10 years
Expected term	6 years	6 years	6 years
Employee Stock Option \| Year One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Employee Stock Option \| Year Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Employee Stock Option \| Year Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Employee Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units, vested	147,000
Employee Restricted Stock Units \| Year One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Employee Restricted Stock Units \| Year Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Employee Restricted Stock Units \| Year Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Director Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock units, earned and deferred	89,000
Stock units, vested	21,000
Employee Restricted Stock Units and Director Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation costs, unrecognized	$ 30,700
Compensation costs, recognition weighted average remaining period (in years)	2 years
Performance Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation costs, unrecognized	$ 12,300
Compensation costs, recognition weighted average remaining period (in years)	2 years 3 months 18 days
Share based compensation arrangement, award vesting period	3 years
Stock units, vested	85,000
Performance Units \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Predefined percentage for calculation of performance unit awards	0.00%
Performance Units \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Predefined percentage for calculation of performance unit awards	200.00%
TreeHouse Foods, Inc. Equity and Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares available to be awarded	12,300,000
Shares available	2,300,000

Summary of Stock Option Activity (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Employee And Director Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning Balance	$ 57.18
Granted	96.14
Forfeited	83.67
Exercised	49.89
Outstanding, Ending Balance	64.77	$ 57.18
Vested/expected to vest, at December 31, 2016	64.09
Exercisable, at December 31, 2016	$ 52.60
Outstanding, Ending Balance	5 years 9 months 18 days	6 years 2 months 12 days
Vested/expect to vest, at December 31, 2016	5 years 8 months 12 days
Exercisable, at December 31, 2016	4 years 1 month 6 days
Outstanding, Beginning Balance	$ 41,793
Outstanding, Ending Balance	28,929	$ 41,793
Vested/expect to vest, at December 31, 2016	28,929
Exercisable, at December 31, 2016	$ 28,926
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning Balance	1,918
Granted	470
Forfeited	(144)
Exercised	(175)
Outstanding, Ending Balance	2,069	1,918
Vested/expect to vest, at December 31, 2016	2,017
Exercisable, at December 31, 2016	1,360
Director Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning Balance	20
Outstanding, Ending Balance	20	20
Vested/expect to vest, at December 31, 2016	20
Exercisable, at December 31, 2016	20

Summary of Employee and Director Stock Option Highlights (Detail) - Employee And Director Stock Option - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 7.2	$ 6.6	$ 5.4
Intrinsic value of stock options exercised	6.9	15.7	53.7
Tax benefit recognized from stock option exercises	$ 2.5	$ 6.0	$ 20.7

Assumptions Used to Calculate Value of Option Awards Granted (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term	6 years
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average expected volatility	25.15%	25.07%	25.18%
Weighted average risk-free interest rate	1.19%	1.97%	2.03%
Expected dividends	0.00%	0.00%	0.00%
Expected term	6 years	6 years	6 years

Summary of Restricted Stock and Restricted Stock Unit Activity (Detail)	12 Months Ended
	Dec. 31, 2016 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested	(110,926)
Employee Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance	312,000
Granted	414,000
Vested	(147,000)
Forfeited	(63,000)
Ending Balance	516,000
Beginning Balance \| $ / shares	$ 76.36
Granted \| $ / shares	90.40
Vested \| $ / shares	74.85
Forfeited \| $ / shares	84.91
Ending Balance \| $ / shares	$ 87.03
Director Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance	111,000
Granted	15,000
Vested	(21,000)
Forfeited	(1,000)
Ending Balance	104,000
Beginning Balance \| $ / shares	$ 52.60
Granted \| $ / shares	98.78
Vested \| $ / shares	58.56
Forfeited \| $ / shares	76.30
Ending Balance \| $ / shares	$ 57.78

Summary of Employee and Director Restricted Stock and Restricted Stock Highlights (Detail) - Employee Restricted Stock Units and Director Restricted Stock Units - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 17.3	$ 11.7	$ 11.9
Fair value of vested restricted stock units	16.3	14.9	12.9
Tax benefit recognized from vested restricted stock units	$ 5.7	$ 4.9	$ 4.7

Summary of Performance Unit Activity (Detail)	12 Months Ended
Summary of Performance Unit Activity (Detail)	Dec. 31, 2016 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested	(110,926)
Performance Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance	271,000
Granted	100,000
Vested	(85,000)
Forfeited	(40,000)
Ending Balance	246,000
Beginning Balance \| $ / shares	$ 74.13
Granted \| $ / shares	98.28
Vested \| $ / shares	66.01
Forfeited \| $ / shares	82.89
Ending Balance \| $ / shares	$ 85.16

Summary of Performance Unit Highlights (Detail) - Performance Units - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 5.4	$ 4.6	$ 7.8
Fair value of vested performance units	8.0	5.1	0.4
Tax benefit recognized from performance units vested	$ 4.1	$ 1.9	$ 0.2

Components of Accumulated Other Comprehensive Loss Net of Tax Except for Foreign Currency Translation Adjustment (Detail) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Accumulated Other Comprehensive Income (Loss) [Line Items]

$ 1,854,859

$ 1,759,257

$ 1,273,118

Reclassifications from accumulated other comprehensive loss

11,123

(49,186)

(26,637)

1,070

49

(5,931)

12,193

(49,137)

(32,568)

Foreign Currency Translation

2,503,324

1,854,859

1,759,257

Accumulated Other Comprehensive Income (Loss) [Line Items]

^[1]

(100,512)

(51,326)

(24,689)

^[1]

11,123

(49,186)

(26,637)

^[1]

11,123

(49,186)

(26,637)

Unrecognized Pension and Postretirement Benefits

^[1]

(89,389)

(100,512)

(51,326)

Accumulated Other Comprehensive Income (Loss) [Line Items]

Reclassifications from accumulated other comprehensive loss

^[2]

(12,956)

(13,005)

(7,074)

^[2]

1,070

49

(5,931)

^[2]

1,070

49

(5,931)

Accumulated Other Comprehensive Loss

^[2]

(11,886)

(12,956)

(13,005)

Accumulated Other Comprehensive Income (Loss) [Line Items]

(113,468)

(64,331)

(31,763)

12,193

(49,137)

(32,568)

Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]

$ (101,275)

$ (113,468)

$ (64,331)

[1]	The foreign currency translation adjustment is not net of tax, as it pertains to the Company's permanent investment in its foreign subsidiaries.
[2]	The unrecognized pension and postretirement benefits reclassification is presented net of tax of $656 thousand, $30 thousand, and $(3,683) thousand for the years ended December 31, 2016, 2015, and 2014, respectively.

Components of Accumulated Other Comprehensive Loss Net of Tax Except for Foreign Currency Translation Adjustment (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pension and postretirement reclassification adjustment, tax	$ 656	$ 30	$ (3,683)

Reclassifications from Accumulated Other Comprehensive Loss (Detail) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Reclassifications from accumulated other comprehensive loss, Net of tax

$ 1,070

$ 49

$ (5,931)

Prior service costs

Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]

Reclassifications from accumulated other comprehensive loss, before tax

^[1]

(139)

Unrecognized net loss

Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]

Reclassifications from accumulated other comprehensive loss, before tax

^[1]

(1,420)

(1,576)

(681)

Actuarial Adjustment

Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]

Reclassifications from accumulated other comprehensive loss, before tax

^[2]

167

(1,636)

(10,434)

Unrecognized Pension and Postretirement Benefits

Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]

Reclassifications from accumulated other comprehensive loss, before tax

(1,726)

(79)

9,614

Income taxes

(656)

(30)

3,683

Reclassifications from accumulated other comprehensive loss, Net of tax

^[3]

$ 1,070

$ 49

$ (5,931)

[1]	These accumulated other comprehensive loss components are included in the computation of net periodic pension and postretirement cost. See Note 16 for additional details.
[2]	Represents the actuarial adjustment needed to adjust the Accumulated other comprehensive loss balance to actual.
[3]	The unrecognized pension and postretirement benefits reclassification is presented net of tax of $656 thousand, $30 thousand, and $(3,683) thousand for the years ended December 31, 2016, 2015, and 2014, respectively.

Employee Pension And Postretirement Benefit Plans - Additional Information (Detail)

12 Months Ended

Dec. 31, 2016

USD ($)

plan

Dec. 31, 2015

USD ($)

Dec. 31, 2014

USD ($)

Contribution made by the company

$ 18,700,000

$ 6,700,000

$ 6,000,000

Private brands business of ConAgra Foods

Number of pension plans acquired | plan

3

Number of postretirement benefit plan acquired | plan

1

Contribution made by the company

$ 3,752,000

^[1]

2,040,000

Estimated employer contribution for 2016

$ 1,000,000

Substantial pension balances owed upon retirement

564,000

Pension Benefits | Equity

Targeted equities percentage under investment policy, minimum

55.00%

Targeted equities percentage under investment policy, maximum

65.00%

Percentage of plan asset allocation

59.80%

Pension Benefits | Fixed Income Securities

Targeted equities percentage under investment policy, minimum

35.00%

Targeted equities percentage under investment policy, maximum

45.00%

Percentage of plan asset allocation

39.80%

Pension Benefits | Cash and Cash Equivalents

Percentage of plan asset allocation

0.40%

Postretirement Benefits

Contribution made by the company

$ 1,486,000

^[1]

153,000

Estimated employer contribution for 2016

1,600,000

Multiemployer Plans, Pension

Multiemployer plans contribution

3,200,000

1,400,000

1,500,000

Withdrawal liability

800,000

Other Multiemployer Plans, Pension

Multiemployer Plans, Postretirement Benefit

Withdrawal liability

0

Multiemployer plans contribution

$ 2,800,000

$ 2,600,000

$ 2,500,000

Minimum

Percentage of participant's annual compensation for employer matching and profit sharing contributions

1.00%

Percentage of total contributions

5.00%

Maximum

Percentage of participant's annual compensation for employer matching and profit sharing contributions

80.00%

[1]	The amounts recorded in 2016 include the plans acquired as part of the acquisition of the Private Brands Business.

Multiemployer Pension Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Bakery and Confectionery Union and Industry International Pension Fund
Multiemployer Plans [Line Items]
EIN Number	526118572
Plan Number	001
Pension Protection Act Zone Status		Red	Red
FIP Implemented (yes or no)	Implemented
TreeHouse Foods Contributions	$ 1,382
Surcharge Imposed (yes or no)	Yes
Bakery and Confectionery Union and Industry International Pension Fund \| Minimum
Multiemployer Plans [Line Items]
Expiration Date Of Collective Bargaining Agreement(s)	Dec. 06, 2016
Bakery and Confectionery Union and Industry International Pension Fund \| Maximum
Multiemployer Plans [Line Items]
Expiration Date Of Collective Bargaining Agreement(s)	Jul. 25, 2020
Central States Southeast and Southwest Areas Pension Fund
Multiemployer Plans [Line Items]
EIN Number	366044243
Plan Number	001
Pension Protection Act Zone Status		Red	Red
FIP Implemented (yes or no)	Implemented
TreeHouse Foods Contributions	$ 740	$ 610	$ 617
Surcharge Imposed (yes or no)	No
Expiration Date Of Collective Bargaining Agreement(s)	Dec. 27, 2019
Retail, Wholesale and Department Store International Union and Industry Pension Fund
Multiemployer Plans [Line Items]
EIN Number	637084420
Plan Number	001
Pension Protection Act Zone Status		Red	Red
FIP Implemented (yes or no)	Implemented
TreeHouse Foods Contributions	$ 461
Surcharge Imposed (yes or no)	Yes
Expiration Date Of Collective Bargaining Agreement(s)	Jun. 15, 2019
Rockford Area Dairy Industry Local 754, Intl. Brotherhood of Teamsters Retirement Pension Plan
Multiemployer Plans [Line Items]
EIN Number	366067654
Plan Number	001
Pension Protection Act Zone Status		Green	Green
FIP Implemented (yes or no)	No
TreeHouse Foods Contributions	$ 405	$ 416	$ 474
Surcharge Imposed (yes or no)	No
Expiration Date Of Collective Bargaining Agreement(s)	Apr. 30, 2017
Western Conference of Teamsters Pension Fund
Multiemployer Plans [Line Items]
EIN Number	916145047
Plan Number	001
Pension Protection Act Zone Status		Green	Green
FIP Implemented (yes or no)	No
TreeHouse Foods Contributions	$ 168	$ 345	$ 336
Surcharge Imposed (yes or no)	No

Multiemployer Plans Providing More Than Five Percent of Total Contributions For Following Plan and Plan Years (Detail)	12 Months Ended
	Dec. 31, 2016
Rockford Area Dairy Industry Local 754, Intl. Brotherhood of Teamsters Retirement Pension Plan
Multiemployer Plans [Line Items]
Year Contributions to Plan Exceeded More Than 5% of total Contributions	2016, 2015, and 2014

Fair Value of Pension Plan Assets, by Asset Category (Detail) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Fair Value, Inputs, Level 2 | Short Term Investment Fund

^[1]

$ 317,588

$ 49,353

Fair Value, Inputs, Level 2 | Aggregate Bond Index Fund

^[2]

1,098

228

Fair Value, Inputs, Level 2 | US Market Cap Equity Index Fund

^[3]

63,688

9,945

Fair Value, Inputs, Level 2 | International All Country World Index Fund

^[4]

157,713

24,613

Fair Value, Inputs, Level 2 | Collective Daily 1-5 year Credit Bond Fund

^[5]

22,490

3,421

Fair Value, Inputs, Level 2 | Emerging Markets Index Fund

^[6]

50,061

7,787

Fair Value, Inputs, Level 2 | Daily High Yield Fixed Income Fund

^[7]

9,770

1,417

Fair value of plan assets, at beginning of year

^[8]

$ 12,768

$ 1,942

[1]	As the fair values of all of these assets are measured using the net asset value per share practical expedient, levels within the fair value hierarchy are not provided for these assets.
[2]	This fund is an investment vehicle for cash reserves, which seeks to offer a competitive rate of return through a portfolio of high-grade, short term, and money market instruments. Principal preservation is the primary objective of this fund.
[3]	The primary objective of this fund is to hold a portfolio representative of the overall United States bond and debt market, as characterized by the Barclays Capital Aggregate Bond Index.
[4]	The primary objective of this fund is to approximate the risk and return characteristics of the Dow Jones U.S. ex-LP's Total Stock Market Index.
[5]	The primary objective of this fund is to approximate the risk and return characteristics of the Morgan Stanley All Country World ex-US (MSCI ACWI ex-US) ND Index. This fund is commonly used to represent the non-U.S. equity in developed and emerging markets.
[6]	The primary objective of this fund is to hold a portfolio representative of the intermediate credit securities portion of the United States bond and debt markets, as characterized by the Barclays Capital U.S. 1-5 year Credit Bond Index.
[7]	The primary objective of this fund is to provide investment results that replicate the overall performance of the MSCI Emerging Markets Index. The Fund may make limited use of futures and/or options to maintain equity exposure.
[8]	The primary objective of this fund is to outperform the Barclay's Capital High Yield Index over a market cycle while maintaining a similar level of volatility and credit quality as the index. This Fund can serve as a core bond investment position, providing exposure to the U.S. Fixed Income market.

Summarized Information about Pension and Postretirement Benefit Plans (Detail) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Change in plan assets:

^[1]

$ 49,353

Company contributions

18,700

$ 6,700

$ 6,000

Fair value of plan assets, at end of year

^[1]

317,588

49,353

Benefit obligation, at beginning of year

Change in benefit obligation:

67,851

^[2]

67,605

4,343

^[2]

2,374

2,107

15,102

^[2]

2,850

2,772

^[2]

303,078

Actuarial losses (gains)

6,013

^[2]

(1,813)

Benefit obligation, at end of year

(12,259)

^[2]

(3,165)

384,128

^[2]

67,851

^[2]

67,605

Change in plan assets:

Fair value of plan assets, at beginning of year

49,353

^[2]

51,312

Actual return on plan assets

21,531

^[2]

(834)

Company contributions

3,752

^[2]

2,040

^[2]

255,211

Fair value of plan assets, at end of year

(12,259)

^[2]

(3,165)

317,588

^[2]

49,353

^[2]

51,312

Funded status of the plan

(66,540)

^[2]

(18,498)

Amounts recognized in the Consolidated Balance Sheets:

Current liability

^[2]

(696)

Non-current liability

(65,844)

^[2]

(18,498)

Net amount recognized

(66,540)

^[2]

(18,498)

Amounts recognized in Accumulated other comprehensive loss:

Net actuarial loss (gain)

19,403

^[2]

19,785

Prior service cost

1,167

^[2]

1,374

Total, before tax effect

20,570

^[2]

21,159

Postretirement Benefits

Change in benefit obligation:

Benefit obligation, at beginning of year

3,020

^[2]

3,463

51

^[2]

15

17

1,205

^[2]

144

153

^[2]

28,189

Actuarial losses (gains)

(1,212)

^[2]

(449)

Benefit obligation, at end of year

(1,486)

^[2]

(153)

29,767

^[2]

3,020

^[2]

$ 3,463

Change in plan assets:

Company contributions

1,486

^[2]

153

Funded status of the plan

(1,486)

^[2]

(153)

(29,767)

^[2]

(3,020)

Amounts recognized in the Consolidated Balance Sheets:

Current liability

(1,634)

^[2]

(171)

Non-current liability

(28,133)

^[2]

(2,849)

Net amount recognized

(29,767)

^[2]

(3,020)

Amounts recognized in Accumulated other comprehensive loss:

Net actuarial loss (gain)

(1,043)

^[2]

162

Prior service cost

(100)

^[2]

(168)

Total, before tax effect

$ (1,143)

^[2]

$ (6)

[1]	As the fair values of all of these assets are measured using the net asset value per share practical expedient, levels within the fair value hierarchy are not provided for these assets.
[2]	The amounts recorded in 2016 include the plans acquired as part of the acquisition of the Private Brands Business.

Accumulated Benefit Obligation (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 375,952	$ 65,323

Weighted Average Assumptions Used to Determine Pension Benefit Obligations (Detail)	Dec. 31, 2016	Dec. 31, 2015
Weighted average assumptions used to determine the pension benefit obligations:
Discount rate	4.25%	4.50%
Minimum
Weighted average assumptions used to determine the pension benefit obligations:
Rate of compensation increases	3.00%	3.00%
Maximum
Weighted average assumptions used to determine the pension benefit obligations:
Rate of compensation increases	4.00%	4.00%

Key Actuarial Assumptions Used to Determine Postretirement Benefit Obligations (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Health care cost trend rates:
Discount rate	4.25%	4.50%
Pre-65
Health care cost trend rates:
Health care cost trend rate for next year	8.00%	8.00%
Ultimate rate	5.00%	5.00%
Discount rate	4.25%	4.50%
Year ultimate rate achieved	2023	2024
Post 65
Health care cost trend rates:
Health care cost trend rate for next year	7.00%	7.50%
Ultimate rate	5.00%	5.00%
Discount rate	4.25%	4.50%
Year ultimate rate achieved	2023	2023

Summary of Net Periodic Cost of Pension and Postretirement Benefit Plans (Detail) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Components of net periodic costs:

$ 4,343

^[1]

$ 2,374

$ 2,107

Expected return on plan assets

15,102

^[1]

2,850

2,772

(16,563)

(3,064)

(3,217)

Amortization of unrecognized prior service cost

207

Amortization of unrecognized net loss (gain)

1,427

1,528

663

ASC 715 settlement charge

564

Net periodic cost

4,516

3,895

3,096

Postretirement Benefits

Components of net periodic costs:

51

^[1]

15

17

Amortization of unrecognized prior service cost

1,205

^[1]

144

153

(68)

Amortization of unrecognized net loss (gain)

(7)

48

18

Net periodic cost

$ 1,181

$ 139

$ 120

[1]	The amounts recorded in 2016 include the plans acquired as part of the acquisition of the Private Brands Business.

Weighted Average Assumptions Used to Determine Pension Benefit Costs (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Pension Benefits
Weighted average assumptions used to determine the periodic benefit costs:
Discount rate	4.50%	4.25%
Expected return on plan assets	6.00%	6.00%	6.50%
Pension Benefits \| Maximum
Weighted average assumptions used to determine the periodic benefit costs:
Discount rate			5.00%
Rate of compensation increases	4.00%	4.00%	4.00%
Pension Benefits \| Minimum
Weighted average assumptions used to determine the periodic benefit costs:
Discount rate			4.50%
Rate of compensation increases	3.00%	3.00%	3.00%
Postretirement Benefits
Weighted average assumptions used to determine the periodic benefit costs:
Discount rate	4.50%	4.25%	5.00%

Estimated Amount That Will be Amortized From Accumulated Other Comprehensive Loss Into Net Pension Cost (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016 USD ($)
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss (gain)	$ 1,510
Prior service cost	205
Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss (gain)	(2)
Prior service cost	$ (68)

Estimated Future Pension and Postretirement Benefit Payments (Detail) $ in Thousands	Dec. 31, 2016 USD ($)
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
2017	$ 19,311
2018	19,995
2019	20,195
2020	21,176
2021	21,966
2022-26	115,984
Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
2017	1,634
2018	1,690
2019	1,715
2020	1,728
2021	1,779
2022-26	$ 9,375

Effect of One Percent Change in Health Care Trend Rates on Postretirement Benefit Plan (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation, end of year	$ 2,963
Service cost plus interest cost for the year	126
Benefit obligation, end of year	(2,517)
Service cost plus interest cost for the year	$ (108)

Other Operating Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
Other Operating Expense (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Other Operating Income Expense Net [Line Items]
Restructuring	$ 13,542	$ 1,817	$ 2,421
Other	1,181
Total other operating expense, net	$ 14,723	$ 1,817	$ 2,421

Supplemental Cash Flow Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Schedule of Cash Flow, Supplemental [Line Items]
Interest paid	$ 92,957	$ 41,940	$ 43,598
Income taxes paid	60,214	50,059	50,590
Accrued purchase of property and equipment	20,203	6,925	7,497
Accrued other intangible assets	$ 8,276	$ 1,988	$ 2,005

Supplemental Cash Flow Information - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Schedule of Cash Flow, Supplemental [Line Items]
Restricted stock, restricted stock units and performance units, vesting shares	$ 27.2	$ 20.0	$ 13.4

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Line Items]
Rent expense	$ 53.2	$ 31.9	$ 28.3
Minimum
Commitments and Contingencies Disclosure [Line Items]
Lease term	1 year
Maximum
Commitments and Contingencies Disclosure [Line Items]
Lease term	41 years

Composition of Capital Leases Reflected As Property, Plant And Equipment in Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Commitment And Contingencies [Line Items]
Machinery and equipment	$ 17,418	$ 13,926
Less accumulated amortization	(8,176)	(6,157)
Total	$ 9,242	$ 7,769

Minimum Payments under Non-Cancelable Capital Leases, Operating Leases and Unconditional Purchase Obligations (Detail) $ in Thousands	Dec. 31, 2016 USD ($)
Commitments and Contingencies [Line Items]
2017	$ 3,106
2018	846
2019	833
2020	82
2021	62
Thereafter	33
Total minimum payments	4,962
Less amount representing interest	(208)
Present value of capital lease obligations	4,754
2017	40,103
2018	33,703
2019	25,369
2020	21,954
2021	17,923
Thereafter	68,960
Total minimum payments	208,012
2017	82,840
2018	82,946
2019	20,767
2020	6,657
2021	6,856
Thereafter	7,061
Total minimum payments	$ 207,127

Derivative Instruments - Additional Information (Detail)	1 Months Ended	12 Months Ended
	Jun. 30, 2016 USD ($)	Dec. 31, 2016 USD ($) gal MW lb DTH bu
Foreign Currency Contract
Derivative [Line Items]
Derivative notional amount		$ 23,000,000
Derivative, expiration period		Throughout 2017
Electricity Contract
Derivative [Line Items]
Derivative, expiration period		Throughout 2017
Notional amount outstanding \| MW		54,353
Diesel Contract
Derivative [Line Items]
Derivative, expiration period		Throughout early 2017
Notional amount outstanding \| gal		3,500,000
Natural Gas Contract
Derivative [Line Items]
Derivative, expiration period		Throughout 2017
Notional amount outstanding \| DTH		1,000,000
Corn Contract
Derivative [Line Items]
Derivative, expiration period		Throughout early 2017
Notional amount outstanding \| bu		900,000
Interest rate swap
Derivative [Line Items]
Derivative notional amount	$ 500,000,000
Weighted average fixed interest rate	0.86%
Derivative contract, term	37 months
Derivative contract, date entered	Jan. 31, 2017
Derivative contract, date matures	Feb. 28, 2020
Soybean Oil
Derivative [Line Items]
Derivative, expiration period		Throughout 2017
Notional amount outstanding \| lb		16,000,000

Derivative, Fair Value, and Location on Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Asset derivative, fair value	$ 12,121	$ 1,356
Liability derivative, fair value	456	3,778
Foreign Currency Contract \| Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Asset derivative, fair value	690	1,356
Commodity contracts \| Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Asset derivative, fair value	987
Commodity contracts \| Accounts payable and accrued expenses
Derivatives, Fair Value [Line Items]
Liability derivative, fair value	456	$ 3,778
Interest rate swap \| Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Asset derivative, fair value	$ 10,444

Gains and Losses on Derivative Contracts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Mark to market unrealized gain (loss), commodity	$ 14,087	$ 622	$ (3,051)
Realized gain (loss)	(2,264)	(1,348)
Total gain (loss)	11,823	(726)
Commodity contracts \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Mark to market unrealized gain (loss), commodity	4,309	(734)
Commodity contracts \| Selling and distribution
Derivative Instruments, Gain (Loss) [Line Items]
Realized gain (loss)	(484)	(5,169)
Foreign Currency Contract \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Mark to market unrealized gain (loss), Derivative	(666)	1,356
Foreign Currency Contract \| Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Realized gain (loss)	(1,780)	$ 3,821
Interest rate swap \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Mark to market unrealized gain (loss), Derivative	$ 10,444

Carrying Value and Fair Value of Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Carrying Value \| Fair Value, Inputs, Level 2 \| Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Revolving Credit Facility	$ (170,000)	$ (353,000)
Carrying Value \| Fair Value, Inputs, Level 2 \| Term Loan A
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(288,000)	(295,500)
Carrying Value \| Fair Value, Inputs, Level 2 \| Term Loan A-1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(180,000)	(190,000)
Carrying Value \| Fair Value, Inputs, Level 2 \| Term Loan A 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(1,005,781)
Carrying Value \| Fair Value, Inputs, Level 2 \| 2022 Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes	(400,000)	(400,000)
Carrying Value \| Fair Value, Inputs, Level 2 \| 2024 Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes	(775,000)
Carrying Value \| Fair Value, Measurements, Recurring \| Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	10,419	8,388
Carrying Value \| Fair Value, Measurements, Recurring \| Commodity contracts \| Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets (liability)	531	(3,778)
Carrying Value \| Fair Value, Measurements, Recurring \| Foreign Currency Contract \| Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets (liability)	690	1,356
Carrying Value \| Fair Value, Measurements, Recurring \| Interest rate swap \| Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets (liability)	10,444
Fair Value \| Fair Value, Inputs, Level 2 \| Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Revolving Credit Facility	(167,104)	(352,932)
Fair Value \| Fair Value, Inputs, Level 2 \| Term Loan A
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(288,101)	(294,327)
Fair Value \| Fair Value, Inputs, Level 2 \| Term Loan A-1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(180,291)	(190,200)
Fair Value \| Fair Value, Inputs, Level 2 \| Term Loan A 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(1,007,409)
Fair Value \| Fair Value, Inputs, Level 2 \| 2022 Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes	(410,000)	(383,000)
Fair Value \| Fair Value, Inputs, Level 2 \| 2024 Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes	(809,875)
Fair Value \| Fair Value, Measurements, Recurring \| Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	10,419	8,388
Fair Value \| Fair Value, Measurements, Recurring \| Commodity contracts \| Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets (liability)	531	(3,778)
Fair Value \| Fair Value, Measurements, Recurring \| Foreign Currency Contract \| Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets (liability)	690	$ 1,356
Fair Value \| Fair Value, Measurements, Recurring \| Interest rate swap \| Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets (liability)	$ 10,444

Financial Information Relating to Reportable Segments (Detail) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1]

Sep. 30, 2016

^[2]

Jun. 30, 2016

^[2]

Mar. 31, 2016

^[2],[3]

Dec. 31, 2015

^[1]

Sep. 30, 2015

^[2]

Jun. 30, 2015

^[2]

Mar. 31, 2015

^[2],[3]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

$ 1,776,676

$ 1,586,850

$ 1,541,389

$ 1,270,173

$ 865,414

$ 798,638

$ 759,208

$ 783,145

$ 6,175,088

$ 3,206,405

$ 2,946,102

selling and distribution expenses

792,548

472,904

442,159

(404,753)

(180,503)

(174,602)

(5,049,706)

(2,562,102)

(2,339,498)

(96,792)

239,736

218,154

Other expense

(98,571)

(68,472)

(81,584)

$ (265,366)

$ 52,608

$ 22,175

$ (4,780)

$ 57,401

$ 40,275

$ 47,787

$ 25,801

(195,363)

171,264

136,570

North American Retail Grocery

178,366

61,469

63,281

5,092,930

2,437,768

2,173,391

655,940

348,827

326,943

135,628

41,953

40,220

Food Away From Home

546,655

370,360

380,069

70,179

52,057

47,107

14,026

8,581

8,472

Industrial and Export

545,425

398,277

392,642

66,429

72,020

68,109

15,780

7,047

6,266

Corporate office

Unallocated Amount to Segment

^[4]

12,932

3,888

8,323

selling and distribution expenses

(9,922)

(37,422)

(8,934)

(9,159)

Unallocated corporate expense and other

^[5]

(24,575)

(170)

(998)

^[6]

$ (827,343)

$ (224,064)

$ (213,848)

[1]	As described in Note 8, the Company recorded goodwill and other intangible asset impairment losses of $352.2 million in the fourth quarter of 2016, which are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations.
[2]	As described in Note 2, the Company elected to early adopt ASU 2016-09 during the fourth quarter of 2016, resulting in the recognition of $4.3 million in excess tax benefits related to share-based payments, which are included in the Income taxes line of the Consolidated Statements of Operations. The quarterly results for the first three quarters of 2016 have been recast to reflect the adoption of the ASU as of January 1, 2016, resulting in income tax benefits of $0.2 million, $3.3 million, and $0.2 million in the first, second, and third quarters of 2016, respectively. The effect of the adoption was an increase in net (loss) income by the amounts indicated for each quarter. The effect on basic net (loss) income per common share was $0.06 and $0.01 for the second and third quarters of 2016, respectively. The effect on diluted net (loss) income per common share was $0.06 for the second quarter of 2016. The adoption had no basic or diluted net (loss) income per common share impact in the first quarter of 2016, and no diluted net (loss) income per common share impact in the third quarter of 2016.
[3]	The Company acquired the Private Brands Business on February 1, 2016.
[4]	Includes accelerated depreciation related to restructurings.
[5]	Includes charges related to restructurings and other costs managed at corporate.
[6]	Includes impairments of goodwill and other intangible assets.

Segment and Geographic Information and Major Customers - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Sales Revenue, Net \| Customer Concentration Risk \| Walmart Stores, Inc. and affiliates
Segment Reporting Information [Line Items]
Concentration risk, percentage	18.70%	20.70%	18.80%
Trade Receivables \| Customer Concentration Risk \| Walmart Stores, Inc. and affiliates
Segment Reporting Information [Line Items]
Concentration risk, percentage	18.60%	21.90%
Outside of the United States \| Sales Revenue, Net \| Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage	8.70%	11.90%	12.40%
Canada \| Sales Revenue, Net \| Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage	6.90%	10.80%	11.30%

Long-Lived Assets by Geographic Region (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Property, plant and equipment, net	$ 1,359,320	$ 541,528
United States
Segment Reporting Information [Line Items]
Property, plant and equipment, net	1,212,144	496,933
Canada
Segment Reporting Information [Line Items]
Property, plant and equipment, net	128,845	$ 44,595
Other
Segment Reporting Information [Line Items]
Property, plant and equipment, net	$ 18,331

Net Sale by Major Products (Detail) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1]

Sep. 30, 2016

^[2]

Jun. 30, 2016

^[2]

Mar. 31, 2016

^[2],[3]

Dec. 31, 2015

^[1]

Sep. 30, 2015

^[2]

Jun. 30, 2015

^[2]

Mar. 31, 2015

^[2],[3]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

$ 1,776,676

$ 1,586,850

$ 1,541,389

$ 1,270,173

$ 865,414

$ 798,638

$ 759,208

$ 783,145

$ 6,175,088

$ 3,206,405

$ 2,946,102

Snack Nuts

1,334,426

657,993

287,281

Retail Bakery

662,719

Cookies and Crackers

607,855

Cereals

551,568

159,761

168,739

Pasta and Dry Dinners

543,811

123,600

139,285

Beverages

492,189

433,828

499,829

Salad Dressings

376,318

351,577

361,859

Soup and infant feeding

372,749

381,444

351,917

Sauces

336,194

222,873

248,979

Pickles

318,066

316,176

302,621

Beverage Enhancers

313,273

338,190

359,179

Jams

107,816

51,203

53,058

Aseptic products

101,384

107,723

102,635

Other products

$ 56,720

$ 62,037

$ 70,720

[1]	As described in Note 8, the Company recorded goodwill and other intangible asset impairment losses of $352.2 million in the fourth quarter of 2016, which are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations.
[2]	As described in Note 2, the Company elected to early adopt ASU 2016-09 during the fourth quarter of 2016, resulting in the recognition of $4.3 million in excess tax benefits related to share-based payments, which are included in the Income taxes line of the Consolidated Statements of Operations. The quarterly results for the first three quarters of 2016 have been recast to reflect the adoption of the ASU as of January 1, 2016, resulting in income tax benefits of $0.2 million, $3.3 million, and $0.2 million in the first, second, and third quarters of 2016, respectively. The effect of the adoption was an increase in net (loss) income by the amounts indicated for each quarter. The effect on basic net (loss) income per common share was $0.06 and $0.01 for the second and third quarters of 2016, respectively. The effect on diluted net (loss) income per common share was $0.06 for the second quarter of 2016. The adoption had no basic or diluted net (loss) income per common share impact in the first quarter of 2016, and no diluted net (loss) income per common share impact in the third quarter of 2016.
[3]	The Company acquired the Private Brands Business on February 1, 2016.

Summary of Unaudited Quarterly Results of Operations (Detail) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1]

Sep. 30, 2016

^[2]

Jun. 30, 2016

^[2]

Mar. 31, 2016

^[2],[3]

Dec. 31, 2015

^[1]

Sep. 30, 2015

^[2]

Jun. 30, 2015

^[2]

Mar. 31, 2015

^[2],[3]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

$ 1,776,676

$ 1,586,850

$ 1,541,389

$ 1,270,173

$ 865,414

$ 798,638

$ 759,208

$ 783,145

$ 6,175,088

$ 3,206,405

$ 2,946,102

349,480

285,533

265,806

224,563

181,798

158,697

151,371

152,437

1,125,382

644,303

606,604

(265,366)

52,608

22,175

(4,780)

57,401

40,275

47,787

25,801

(195,363)

171,264

136,570

$ (281,823)

$ 37,404

$ 18,965

$ (3,140)

$ 37,255

$ 28,441

$ 31,362

$ 17,852

$ (228,594)

$ 114,910

$ 89,880

Net (loss) income per common share:

Basic

$ (4.96)

^[4]

$ 0.66

^[4]

$ 0.34

^[4]

$ (0.06)

^[4]

$ 0.86

^[4]

$ 0.66

^[4]

$ 0.73

^[4]

$ 0.42

^[4]

$ (4.10)

$ 2.67

$ 2.28

Diluted

$ (4.96)

^[4]

$ 0.65

^[4]

$ 0.33

^[4]

$ (0.06)

^[4]

$ 0.85

^[4]

$ 0.65

^[4]

$ 0.72

^[4]

$ 0.41

^[4]

$ (4.10)

$ 2.63

$ 2.23

[1]	As described in Note 8, the Company recorded goodwill and other intangible asset impairment losses of $352.2 million in the fourth quarter of 2016, which are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations.
[2]	As described in Note 2, the Company elected to early adopt ASU 2016-09 during the fourth quarter of 2016, resulting in the recognition of $4.3 million in excess tax benefits related to share-based payments, which are included in the Income taxes line of the Consolidated Statements of Operations. The quarterly results for the first three quarters of 2016 have been recast to reflect the adoption of the ASU as of January 1, 2016, resulting in income tax benefits of $0.2 million, $3.3 million, and $0.2 million in the first, second, and third quarters of 2016, respectively. The effect of the adoption was an increase in net (loss) income by the amounts indicated for each quarter. The effect on basic net (loss) income per common share was $0.06 and $0.01 for the second and third quarters of 2016, respectively. The effect on diluted net (loss) income per common share was $0.06 for the second quarter of 2016. The adoption had no basic or diluted net (loss) income per common share impact in the first quarter of 2016, and no diluted net (loss) income per common share impact in the third quarter of 2016.
[3]	The Company acquired the Private Brands Business on February 1, 2016.
[4]	Due to rounding and the issuance of shares on January 26, 2016, the sum of the four quarters may not be the same as the total for the year.

Summary of Unaudited Quarterly Results of Operations (Parenthetical) (Detail) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

^[1],[2]

Sep. 30, 2015

^[2],[3]

Jun. 30, 2015

^[2],[3]

Mar. 31, 2015

^[2],[3],[4]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Basic net (loss) income per common share

$ (4.96)

^[1],[2]

$ 0.66

^[2],[3]

$ 0.34

^[2],[3]

$ (0.06)

^[2],[3],[4]

$ 0.86

$ 0.66

$ 0.73

$ 0.42

$ (4.10)

$ 2.67

$ 2.28

Diluted net (loss) income per common share

$ (4.96)

^[1],[2]

0.65

^[2],[3]

0.33

^[2],[3]

(0.06)

^[2],[3],[4]

$ 0.85

$ 0.65

$ 0.72

$ 0.41

$ (4.10)

$ 2.63

$ 2.23

Income tax benefit from excess tax benefits and deficiencies

$ 10,900

$ 9,500

$ 8,800

33,231

$ 56,354

$ 46,690

Accounting Standards Update 2016-09

$ 352,243

352,243

Income tax benefit from excess tax benefits and deficiencies

$ 4,300

Accounting Standards Update 2016-09 | New Accounting Pronouncement, Early Adoption, Effect

Basic net (loss) income per common share

0.01

0.06

0.00

Diluted net (loss) income per common share

$ 0.00

$ 0.06

$ 0.00

Condensed Financial Statements, Captions [Line Items]

$ (200)

$ (3,300)

$ (200)

[1]	As described in Note 8, the Company recorded goodwill and other intangible asset impairment losses of $352.2 million in the fourth quarter of 2016, which are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations.
[2]	Due to rounding and the issuance of shares on January 26, 2016, the sum of the four quarters may not be the same as the total for the year.
[3]	As described in Note 2, the Company elected to early adopt ASU 2016-09 during the fourth quarter of 2016, resulting in the recognition of $4.3 million in excess tax benefits related to share-based payments, which are included in the Income taxes line of the Consolidated Statements of Operations. The quarterly results for the first three quarters of 2016 have been recast to reflect the adoption of the ASU as of January 1, 2016, resulting in income tax benefits of $0.2 million, $3.3 million, and $0.2 million in the first, second, and third quarters of 2016, respectively. The effect of the adoption was an increase in net (loss) income by the amounts indicated for each quarter. The effect on basic net (loss) income per common share was $0.06 and $0.01 for the second and third quarters of 2016, respectively. The effect on diluted net (loss) income per common share was $0.06 for the second quarter of 2016. The adoption had no basic or diluted net (loss) income per common share impact in the first quarter of 2016, and no diluted net (loss) income per common share impact in the third quarter of 2016.
[4]	The Company acquired the Private Brands Business on February 1, 2016.

Condensed Supplemental Consolidating Balance Sheet (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 62,111	$ 34,919	$ 51,981	$ 46,475
Investments	10,419	8,388
Accounts receivable, net	429,033	203,198
Inventories, net	978,037	584,115
Assets held for sale	3,562
Prepaid expenses and other current assets	77,587	16,583
Total current assets	1,560,749	847,203
Property, plant, and equipment, net	1,359,320	541,528
Goodwill	2,447,241	1,649,794	1,667,985
Intangible and other assets, net	1,178,512	664,271
Total assets	6,545,822	3,702,796
Current liabilities:
Accounts payable and accrued expenses	626,773	260,580
Current portion of long-term debt	66,421	14,893
Total current liabilities	693,194	275,473
Long-term debt	2,724,760	1,221,741
Deferred income taxes	422,159	279,108
Other long-term liabilities	202,385	71,615
Stockholders' equity	2,503,324	1,854,859	1,759,257	1,273,118
Total liabilities and stockholders' equity	6,545,822	3,702,796
Eliminations
Current assets:
Prepaid expenses and other current assets		(16,618)
Total current assets		(16,618)
Investment in subsidiaries	(5,550,867)	(2,750,381)
Deferred income taxes	(20,746)	(18,092)
Total assets	(5,571,613)	(2,785,091)
Current liabilities:
Accounts payable and accrued expenses		(16,618)
Total current liabilities		(16,618)
Deferred income taxes	(20,746)	(18,092)
Stockholders' equity	(5,550,867)	(2,750,381)
Total liabilities and stockholders' equity	(5,571,613)	(2,785,091)
Parent Company
Current assets:
Cash and cash equivalents		10,384	18,706	23,268
Accounts receivable, net		17
Prepaid expenses and other current assets	23,570	17,625
Total current assets	23,570	28,026
Property, plant, and equipment, net	31,276	26,294
Investment in subsidiaries	5,031,514	2,411,532
Intercompany accounts receivable (payable), net	199,593	582,267
Deferred income taxes	20,746	18,092
Intangible and other assets, net	53,921	46,041
Total assets	5,360,620	3,112,252
Current liabilities:
Accounts payable and accrued expenses	61,257	16,526
Current portion of long-term debt	63,115	11,621
Total current liabilities	124,372	28,147
Long-term debt	2,722,332	1,219,011
Other long-term liabilities	10,592	10,235
Stockholders' equity	2,503,324	1,854,859
Total liabilities and stockholders' equity	5,360,620	3,112,252
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	236	91	1,690	3,869
Accounts receivable, net	372,945	182,524
Inventories, net	869,563	510,255
Assets held for sale	3,562
Prepaid expenses and other current assets	36,652	6,608
Total current assets	1,282,958	699,478
Property, plant, and equipment, net	1,181,013	470,639
Goodwill	2,330,823	1,526,004
Investment in subsidiaries	519,353	338,849
Intercompany accounts receivable (payable), net	(196,929)	(553,408)
Intangible and other assets, net	1,018,004	504,127
Total assets	6,135,222	2,985,689
Current liabilities:
Accounts payable and accrued expenses	493,090	239,316
Current portion of long-term debt	3,195	3,116
Total current liabilities	496,285	242,432
Long-term debt	2,187	2,398
Deferred income taxes	418,268	272,910
Other long-term liabilities	186,968	56,417
Stockholders' equity	5,031,514	2,411,532
Total liabilities and stockholders' equity	6,135,222	2,985,689
Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	61,875	24,444	$ 31,585	$ 19,338
Investments	10,419	8,388
Accounts receivable, net	56,088	20,657
Inventories, net	108,474	73,860
Prepaid expenses and other current assets	17,365	8,968
Total current assets	254,221	136,317
Property, plant, and equipment, net	147,031	44,595
Goodwill	116,418	123,790
Intercompany accounts receivable (payable), net	(2,664)	(28,859)
Intangible and other assets, net	106,587	114,103
Total assets	621,593	389,946
Current liabilities:
Accounts payable and accrued expenses	72,426	21,356
Current portion of long-term debt	111	156
Total current liabilities	72,537	21,512
Long-term debt	241	332
Deferred income taxes	24,637	24,290
Other long-term liabilities	4,825	4,963
Stockholders' equity	519,353	338,849
Total liabilities and stockholders' equity	$ 621,593	$ 389,946

Condensed Supplemental Consolidating Statement of Operations (Detail) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

^[2]

Jun. 30, 2016

^[2]

Mar. 31, 2016

^[2],[3]

Dec. 31, 2015

^[1]

Sep. 30, 2015

^[2]

Jun. 30, 2015

^[2]

Mar. 31, 2015

^[2],[3]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

$ 1,776,676

^[1]

$ 1,586,850

$ 1,541,389

$ 1,270,173

$ 865,414

$ 798,638

$ 759,208

$ 783,145

$ 6,175,088

$ 3,206,405

$ 2,946,102

5,049,706

2,562,102

2,339,498

349,480

^[1]

285,533

265,806

224,563

181,798

158,697

151,371

152,437

1,125,382

644,303

606,604

745,336

342,152

333,395

109,872

60,598

52,634

Other operating expense, net

352,243

14,723

1,817

2,421

(96,792)

239,736

218,154

119,155

45,474

42,036

Loss on extinguishment of debt

(4,185)

(2,967)

(990)

22,019

(16,399)

25,965

18,519

(265,366)

^[1]

52,608

22,175

(4,780)

57,401

40,275

47,787

25,801

(195,363)

171,264

136,570

33,231

56,354

46,690

Condensed Financial Statements, Captions [Line Items]

$ (281,823)

^[1]

$ 37,404

$ 18,965

$ (3,140)

$ 37,255

$ 28,441

$ 31,362

$ 17,852

(228,594)

114,910

89,880

Eliminations

(310,166)

(235,833)

(165,397)

(310,166)

(235,833)

(165,397)

(4,777)

(5,664)

(3,871)

Equity in net income (loss) of subsidiaries

4,777

5,664

3,871

55,618

(192,690)

(185,384)

Condensed Financial Statements, Captions [Line Items]

55,618

(192,690)

(185,384)

Parent Company

132,377

73,201

68,632

9,450

8,097

6,521

(141,827)

(81,298)

(75,153)

118,208

43,808

41,316

Loss on extinguishment of debt

(2,235)

(1,450)

(2)

22,019

(10,449)

(7)

22

(247,351)

(123,649)

(138,508)

Equity in net income (loss) of subsidiaries

(94,528)

(47,215)

(51,761)

(75,771)

191,344

176,627

Condensed Financial Statements, Captions [Line Items]

(228,594)

114,910

89,880

Guarantor Subsidiaries

5,838,973

3,023,048

2,617,998

4,810,217

2,434,130

2,081,994

1,028,756

588,918

536,004

553,599

233,731

222,158

91,152

42,626

35,817

Other operating expense, net

337,230

12,668

1,817

2,365

34,107

310,744

275,664

266

354

667

(5,159)

(5,664)

(3,900)

537

20,311

11,247

38,463

295,743

267,650

Equity in net income (loss) of subsidiaries

134,387

105,745

99,780

20,153

1,346

8,757

Non-Guarantor Subsidiaries

(75,771)

191,344

176,627

Condensed Financial Statements, Captions [Line Items]

646,281

419,190

493,501

549,655

363,805

422,901

96,626

55,385

70,600

59,360

35,220

42,605

9,270

9,875

10,296

Other operating expense, net

15,013

2,055

56

10,928

10,290

17,643

5,458

6,976

3,924

(1,568)

(1,517)

(959)

(6,487)

5,661

7,250

13,525

(830)

7,428

(6,628)

(2,176)

(1,329)

Condensed Financial Statements, Captions [Line Items]

$ 20,153

$ 1,346

$ 8,757

[1]	As described in Note 8, the Company recorded goodwill and other intangible asset impairment losses of $352.2 million in the fourth quarter of 2016, which are included in the Impairment of goodwill and other intangible assets line of the Consolidated Statements of Operations.
[2]	As described in Note 2, the Company elected to early adopt ASU 2016-09 during the fourth quarter of 2016, resulting in the recognition of $4.3 million in excess tax benefits related to share-based payments, which are included in the Income taxes line of the Consolidated Statements of Operations. The quarterly results for the first three quarters of 2016 have been recast to reflect the adoption of the ASU as of January 1, 2016, resulting in income tax benefits of $0.2 million, $3.3 million, and $0.2 million in the first, second, and third quarters of 2016, respectively. The effect of the adoption was an increase in net (loss) income by the amounts indicated for each quarter. The effect on basic net (loss) income per common share was $0.06 and $0.01 for the second and third quarters of 2016, respectively. The effect on diluted net (loss) income per common share was $0.06 for the second quarter of 2016. The adoption had no basic or diluted net (loss) income per common share impact in the first quarter of 2016, and no diluted net (loss) income per common share impact in the third quarter of 2016.
[3]	The Company acquired the Private Brands Business on February 1, 2016.

Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss) (Detail) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1]

Sep. 30, 2016

^[2]

Jun. 30, 2016

^[2]

Mar. 31, 2016

^[2],[3]

Dec. 31, 2015

^[1]

Sep. 30, 2015

^[2]

Jun. 30, 2015

^[2]

Mar. 31, 2015

^[2],[3]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

$ (281,823)

$ 37,404

$ 18,965

$ (3,140)

$ 37,255

$ 28,441

$ 31,362

$ 17,852

$ (228,594)

$ 114,910

$ 89,880

Foreign currency translation adjustments

11,123

(49,186)

(26,637)

Pension and postretirement reclassification adjustment, net of tax

^[4]

1,070

49

(5,931)

Other comprehensive income (loss)

12,193

(49,137)

(32,568)

Condensed Financial Statements, Captions [Line Items]

(216,401)

65,773

57,312

Eliminations

55,618

(192,690)

(185,384)

Equity in other comprehensive income (loss) of subsidiaries

(23,316)

98,323

59,205

Condensed Financial Statements, Captions [Line Items]

32,302

(94,367)

(126,179)

Parent Company

(228,594)

114,910

89,880

Equity in other comprehensive income (loss) of subsidiaries

12,193

(49,137)

(32,568)

Condensed Financial Statements, Captions [Line Items]

(216,401)

65,773

57,312

Guarantor Subsidiaries

(75,771)

191,344

176,627

Pension and postretirement reclassification adjustment, net of tax

1,070

49

(5,931)

Other comprehensive income (loss)

1,070

49

(5,931)

Equity in other comprehensive income (loss) of subsidiaries

11,123

(49,186)

(26,637)

Non-Guarantor Subsidiaries

(63,578)

142,207

144,059

Condensed Financial Statements, Captions [Line Items]

20,153

1,346

8,757

Foreign currency translation adjustments

11,123

(49,186)

(26,637)

Other comprehensive income (loss)

11,123

(49,186)

(26,637)