XML 71 R61.htm IDEA: XBRL DOCUMENT v3.19.1
SEGMENT REPORTING - Operating Profit (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 28, 2019
USD ($)
Apr. 29, 2018
USD ($)
Apr. 28, 2019
USD ($)
division
segment
Apr. 29, 2018
USD ($)
Operating profit and other financial information        
Number of reportable business segments | segment     4  
Net Sales $ 2,344,744 $ 2,330,568 [1] $ 4,705,099 $ 4,661,861
Segment Profit 312,364 301,740 [1] 618,612 603,695
Net unallocated expense (23,178) 16,304 (9,287) 28,698
Noncontrolling interest 207 138 [1] 301 242
Earnings Before Income Taxes 318,046 296,883 [1] 625,021 602,048
Intersegment elimination        
Operating profit and other financial information        
Net Sales 33,323 26,935 64,334 53,792
Operating Segments        
Operating profit and other financial information        
Net Sales 2,344,744 2,330,568 4,705,099 4,661,861
Segment Profit 294,661 313,049 615,433 630,504
Grocery Products        
Operating profit and other financial information        
Net Sales 635,319 621,492 1,242,144 1,225,069
Grocery Products | Intersegment elimination        
Operating profit and other financial information        
Net Sales 0 10 22 14
Grocery Products | Operating Segments        
Operating profit and other financial information        
Net Sales 635,319 621,502 1,242,166 1,225,083
Segment Profit 104,499 93,206 $ 199,796 190,751
Refrigerated Foods        
Operating profit and other financial information        
Number of divisions | division     1  
Net Sales 1,257,884 1,245,066 $ 2,536,631 2,499,703
Refrigerated Foods | Intersegment elimination        
Operating profit and other financial information        
Net Sales 3,273 1,386 5,451 3,550
Refrigerated Foods | Operating Segments        
Operating profit and other financial information        
Net Sales 1,261,157 1,246,452 2,542,082 2,503,253
Segment Profit 158,088 166,920 320,681 324,451
Jennie-O Turkey Store        
Operating profit and other financial information        
Net Sales 305,256 303,875 626,490 626,635
Jennie-O Turkey Store | Intersegment elimination        
Operating profit and other financial information        
Net Sales 30,050 25,539 58,861 50,228
Jennie-O Turkey Store | Operating Segments        
Operating profit and other financial information        
Net Sales 335,306 329,414 685,351 676,863
Segment Profit 17,749 32,073 55,653 69,797
International & Other        
Operating profit and other financial information        
Net Sales 146,285 160,135 299,834 310,454
International & Other | Intersegment elimination        
Operating profit and other financial information        
Net Sales 0 0 0 0
International & Other | Operating Segments        
Operating profit and other financial information        
Net Sales 146,285 160,135 299,834 310,454
Segment Profit $ 14,325 $ 20,850 $ 39,303 $ 45,505
[1] Adjusted due to the adoption of Accounting Standards Update (ASU) 2017-07, Compensation - Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost (Topic 715). See Note A - General.