He said ConAgra expects Ardent to be self-financed through cash flow from operations and its own bank debt and credit facility, with the structure and amount of the Ardent Mills debt financing to be determined during the pre-close period. "We, along with Cargill and CHS, intend to receive cash distributions from Ardent Mills at closing," he said. "Based on initial estimates, we expect to receive a distribution of approximately $400 million, and we currently expect to use those proceeds to accelerate our debt repayment plans related to the Ralcorp acquisition debt."