Goodwill And Intangible Assets (Tables)

12 Months Ended

Oct. 03, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule Of Goodwill Activity

The following table reflects goodwill activity for fiscal 2020 and 2019 (in millions):

	Beef		Pork		Chicken		Prepared Foods		International/Other		Unallocated		Consolidated
Balance at September 29, 2018
Goodwill	$	1,236	$	423	$	2,498	$	6,142	$	57	$	—	$	10,356
Accumulated impairment losses	(560)		—		—		—		(57)		—		(617)
	$	676	$	423	$	2,498	$	6,142	$	—	$	—	$	9,739
Fiscal 2019 Activity:
Acquisition	$	—	$	—	$	779	$	—	$	342	$	—	$	1,121
Measurement period adjustments	—		—		66		—		—		—		66
Reclass to assets held for sale	—		—		(70)		(7)		—		—		(77)
Currency translation and other	—		—		1		(1)		(5)		—		(5)
Balance at September 28, 2019
Goodwill	1,236		423		3,274		6,134		394		—		11,461
Accumulated impairment losses	(560)		—		—		—		(57)		—		(617)
	$	676	$	423	$	3,274	$	6,134	$	337	$	—	$	10,844
Fiscal 2020 Activity:
Measurement period adjustments	$	—	$	—	$	—	$	—	$	46	$	—	$	46
Currency translation and other	—		—		—		—		9		—		9
Balance at October 03, 2020
Goodwill	1,236		423		3,274		6,134		449		—		11,516
Accumulated impairment losses	(560)		—		—		—		(57)		—		(617)
	$	676	$	423	$	3,274	$	6,134	$	392	$	—	$	10,899

Schedule Of Other Intangible Assets By Type

The following table reflects intangible assets by type at October 3, 2020, and September 28, 2019 (in millions):

	2020		2019
Amortizable intangible assets:
Brands and trademarks	$	951	$	945
Customer relationships	2,388		2,389
Supply Arrangements	310		310
Patents, intellectual property and other	44		34
Land use rights	8		8
Total gross amortizable intangible assets	$	3,701	$	3,686
Less accumulated amortization	1,005		727
Total net amortizable intangible assets	$	2,696	$	2,959
Brands and trademarks not subject to amortization	4,078		4,078
Total intangible assets	$	6,774	$	7,037