SEGMENT REPORTING (Tables)

6 Months Ended

Apr. 28, 2019

Segment Reporting [Abstract]

Schedule of sales and operating profits for each of the reportable segments and reconciliation to earnings before income taxes

Sales and profits for each of the Company’s reportable segments and reconciliation to earnings before income taxes are set forth below.  The Company is an integrated enterprise, characterized by substantial intersegment cooperation, cost allocations, and sharing of assets.  Therefore, the Company does not represent these segments, if operated independently, would report the profit and other financial information shown below.

	Three Months Ended						Six Months Ended
(in thousands)	April 28, 2019			April 29, 2018			April 28, 2019			April 29, 2018
Sales to Unaffiliated Customers
Grocery Products	$	635,319		$	621,492		$	1,242,144		$	1,225,069
Refrigerated Foods	1,257,884			1,245,066			2,536,631			2,499,703
Jennie-O Turkey Store	305,256			303,875			626,490			626,635
International & Other	146,285			160,135			299,834			310,454
Total	$	2,344,744		$	2,330,568		$	4,705,099		$	4,661,861
Intersegment Sales
Grocery Products	$	—		$	10		$	22		$	14
Refrigerated Foods	3,273			1,386			5,451			3,550
Jennie-O Turkey Store	30,050			25,539			58,861			50,228
International & Other	—			—			—			—
Total	33,323			26,935			64,334			53,792
Intersegment elimination	(33,323		)	(26,935		)	(64,334		)	(53,792		)
Total	$	—		$	—		$	—		$	—
Net Sales
Grocery Products	$	635,319		$	621,502		$	1,242,166		$	1,225,083
Refrigerated Foods	1,261,157			1,246,452			2,542,082			2,503,253
Jennie-O Turkey Store	335,306			329,414			685,351			676,863
International & Other	146,285			160,135			299,834			310,454
Intersegment elimination	(33,323		)	(26,935		)	(64,334		)	(53,792		)
Total	$	2,344,744		$	2,330,568		$	4,705,099		$	4,661,861
Segment Profit
Grocery Products	$	104,499		$	93,206		$	199,796		$	190,751
Refrigerated Foods	158,088			166,920			320,681			324,451
Jennie-O Turkey Store	17,749			32,073			55,653			69,797
International & Other	14,325			20,850			39,303			45,505
Total segment profit	294,661			313,049			615,433			630,504
Net unallocated expense	(23,178		)	16,304			(9,287		)	28,698
Noncontrolling interest	207			138			301			242
Earnings Before Income Taxes	$	318,046		$	296,883		$	625,021		$	602,048

Disaggregation of revenue

The amount of total revenues contributed by classes of similar products for the second quarter and first six months of fiscal 2019 and 2018 are as follows: 

	Three Months Ended				Six Months Ended
(in thousands)	April 28, 2019		April 29, 2018		April 28, 2019		April 29, 2018
Perishable	$	1,317,455	$	1,304,008	$	2,658,607	$	2,622,881
Shelf-stable	444,831		444,748		881,728		869,341
Poultry	427,663		427,669		869,055		871,111
Miscellaneous	154,795		154,143		295,709		298,528
Total	$	2,344,744	$	2,330,568	$	4,705,099	$	4,661,861

Revenue has been disaggregated into the categories below to show how sales channels affect the nature, amount, timing, and uncertainty of revenue and cash flows for the second quarter and first six months of fiscal 2019 and 2018.

	Three Months Ended				Six Months Ended
(in thousands)	April 28, 2019		April 29, 2018		April 28, 2019		April 29, 2018
U.S. Retail	$	1,255,507	$	1,257,474	$	2,508,822	$	2,557,146
U.S. Foodservice	716,407		674,244		1,406,312		1,331,347
U.S. Deli	212,715		220,478		463,991		431,475
International	160,115		178,372		325,974		341,893
Total	$	2,344,744	$	2,330,568	$	4,705,099	$	4,661,861