Segment Reporting (Tables)

3 Months Ended

Jan. 02, 2021

Segment Reporting [Abstract]

Segment Reporting Information, By Segment

Information on segments and a reconciliation to income before income taxes are as follows (in millions): 

	Three Months Ended
	January 2, 2021		December 28, 2019
Sales:
Beef	$	3,987	$	3,838
Pork	1,439		1,379
Chicken	2,831		3,292
Prepared Foods	2,113		2,140
International/Other	469		498
Intersegment	(379)		(332)
Total sales	$	10,460	$	10,815

	Three Months Ended
	January 2, 2021		December 28, 2019
Operating income (loss):
Beef(a)	$	528	$	342
Pork	116		191
Chicken(b)	(216)		57
Prepared Foods	266		158
International/Other	11		10
Total operating income	705		758
Total other expense	89		101
Income before income taxes	$	616	$	657

(a) Beef segment results for the three months ended January 2, 2021, included a $55 million gain from the recovery of cattle inventory from a cattle supplier that misappropriated Company funds as compared to a $68 million loss recognized in the three months ended December 28, 2019, as further described in Note 1: Accounting Policies.

(b) Chicken segment results for the three months ended January 2, 2021 included a $320 million charge related to the recognition of a legal contingency accrual. The accrual was recorded as a reduction to Sales pursuant to FASB guidance related to accounting for revenue from contracts with customers.

Disaggregation of Revenue, By Segment and Distribution Channel

The following tables further disaggregate our sales to customers by major distribution channels (in millions):

	Three months ended January 2, 2021
	Retail(a)		Foodservice(b)		International(c)		Industrial and Other(d)		Intersegment		Total
Beef	$	2,134	$	821	$	618	$	323	$	91	$	3,987
Pork	432		92		293		342		280		1,439
Chicken	1,436		1,185		152		50		8		2,831
Prepared Foods	1,303		740		31		39		—		2,113
International/Other	—		—		469		—		—		469
Intersegment	—		—		—		—		(379)		(379)
Total	$	5,305	$	2,838	$	1,563	$	754	$	—	$	10,460

	Three months ended December 28, 2019
	Retail(a)		Foodservice(b)		International(c)		Industrial and Other(d)		Intersegment		Total
Beef	$	1,857	$	1,045	$	514	$	326	$	96	$	3,838
Pork	400		117		280		360		222		1,379
Chicken	1,389		1,307		161		421		14		3,292
Prepared Foods	1,211		846		37		46		—		2,140
International/Other	—		—		498		—		—		498
Intersegment	—		—		—		—		(332)		(332)
Total	$	4,857	$	3,315	$	1,490	$	1,153	$	—	$	10,815

(a) Includes sales to consumer products and food retailers, such as grocery retailers, warehouse club stores and internet-based retailers.

(b) Includes sales to foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, convenience stores, healthcare facilities and the military.

(c) Includes sales to international markets for internationally produced products or export sales of domestically produced products.

(d) Includes sales to industrial food processing companies that further process our product to sell to end consumers and any remaining sales not included in the Retail, Foodservice or International categories. For the three months ended January 2, 2021, the Chicken segment included a $320 million reduction in Other due to the recognition of a legal contingency accrual.