Goodwill And Intangible Assets (Tables)

12 Months Ended

Sep. 27, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill Activity

The following table reflects goodwill activity for fiscal years 2025 and 2024 (in millions):

	Beef		Pork		Chicken		Prepared Foods		International/Other		Consolidated
Balance at September 30, 2023 (a)	$	343	$	423	$	3,064	$	5,904	$	144	$	9,878
Fiscal 2024 Activity:
Measurement period adjustments	—		—		—		(13)		—		(13)
Sale of business	—		—		(63)		—		—		(63)
Currency translation	—		—		—		—		17		17
Balance at September 28, 2024 (a)	$	343	$	423	$	3,001	$	5,891	$	161	$	9,819
Fiscal 2025 Activity:
Sale of business	—		—		—		—		(4)		(4)
Impairment losses	(343)		—		—		—		—		(343)
Currency translation	—		—		—		—		(3)		(3)
Balance at September 27, 2025(a)	$	—	$	423	$	3,001	$	5,891	$	154	$	9,469

(a) Included in goodwill for fiscal 2025 are accumulated impairment losses of $1,236 million in Beef, $210 million in Chicken and $295 million in International/Other. Included in goodwill as of September 28, 2024 and September 30, 2023 are accumulated impairment losses of $893 million in Beef, $210 million in Chicken and $295 million in International/Other.

Schedule of Finite-Lived and Infinite-Lived Intangible Assets

The following table reflects intangible assets by type as of September 27, 2025 and September 28, 2024 (in millions):

	2025		2024
Amortizable intangible assets:
Brands and trademarks	$	992	$	995
Customer relationships	2,385		2,399
Supply arrangements	310		310
Patents, intellectual property and other	45		45
Land use rights	9		9
Total gross amortizable intangible assets	$	3,741	$	3,758
Less accumulated amortization	2,195		1,961
Total net amortizable intangible assets	$	1,546	$	1,797
Brands and trademarks not subject to amortization	4,078		4,078
Total intangible assets	$	5,624	$	5,875