CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Oct. 28, 2018	Oct. 29, 2017
Current Assets
Cash and cash equivalents	$ 459,136	$ 444,122
Accounts receivable (net of allowance for doubtful accounts of $4,051 at October 28, 2018, and $4,246 at October 29, 2017)	600,438	618,351
Inventories	963,527	921,022
Income taxes receivable	3,995	22,346
Prepaid expenses	16,342	16,144
Other current assets	6,662	4,538
Total Current Assets	2,050,100	2,026,523
Goodwill	2,714,116	2,119,813
Other Intangibles	1,207,219	1,027,014
Pension Assets	195,153	171,990
Investments In and Receivables From Affiliates	273,153	242,369
Other Assets	189,951	184,948
Property, Plant and Equipment
Land	50,332	51,249
Buildings	956,260	866,855
Equipment	1,863,020	1,710,537
Construction in progress	332,205	148,064
Less: Allowance for depreciation	(1,689,217)	(1,573,454)
Net Property, Plant and Equipment	1,512,600	1,203,251
Total Assets	8,142,292	6,975,908
Current Liabilities
Accounts payable	618,830	552,714
Accrued expenses	48,298	76,966
Accrued workers compensation	24,594	26,585
Accrued marketing expenses	118,887	101,573
Employee related expenses	224,736	209,562
Taxes payable	2,490	525
Interest and dividends payable	101,079	90,287
Total Current Liabilities	1,138,914	1,058,212
Long-Term Debt – less current maturities	624,840	250,000
Pension and Post-Retirement Benefits	477,557	530,249
Other Long-Term Liabilities	99,070	99,340
Deferred Income Taxes	197,093	98,410
Shareholders’ Investment
Preferred stock, par value $0.01 a share — authorized 160,000,000 shares; issued — none
Additional paid-in capital	106,528	13,670
Accumulated other comprehensive loss	(243,498)	(248,075)
Retained earnings	5,729,956	5,162,571
Hormel Foods Corporation Shareholders’ Investment	5,600,811	4,935,907
Noncontrolling Interest	4,007	3,790
Total Shareholders’ Investment	5,604,818	4,939,697
Total Liabilities and Shareholders’ Investment	8,142,292	6,975,908
Common stock, nonvoting
Shareholders’ Investment
Common stock
Common stock
Shareholders’ Investment
Common stock	$ 7,825	$ 7,741

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 8
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130549-203045

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682