SEGMENT REPORTING (Tables)

9 Months Ended

Jul. 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						Nine Months Ended
(in thousands)	July 28, 2019			July 29, 2018			July 28, 2019			July 29, 2018
Sales to Unaffiliated Customers
Grocery Products	$	543,088		$	607,054		$	1,785,232		$	1,832,123
Refrigerated Foods	1,301,101			1,288,394			3,837,732			3,788,097
Jennie-O Turkey Store	298,781			316,100			925,271			942,735
International & Other	147,735			147,594			447,569			458,048
Total	$	2,290,705		$	2,359,142		$	6,995,804		$	7,021,003
Intersegment Sales
Grocery Products	$	10		$	14		$	32		$	28
Refrigerated Foods	5,282			1,660			10,733			5,210
Jennie-O Turkey Store	31,804			28,069			90,665			78,297
International & Other	—			—			—			—
Total	37,096			29,743			101,430			83,535
Intersegment elimination	(37,096		)	(29,743		)	(101,430		)	(83,535		)
Total	$	—		$	—		$	—		$	—
Net Sales
Grocery Products	$	543,098		$	607,068		$	1,785,264		$	1,832,151
Refrigerated Foods	1,306,383			1,290,054			3,848,465			3,793,307
Jennie-O Turkey Store	330,585			344,169			1,015,936			1,021,032
International & Other	147,735			147,594			447,569			458,048
Intersegment elimination	(37,096		)	(29,743		)	(101,430		)	(83,535		)
Total	$	2,290,705		$	2,359,142		$	6,995,804		$	7,021,003
Segment Profit
Grocery Products	$	58,778		$	83,433		$	258,574		$	274,184
Refrigerated Foods	171,795			151,924			492,476			476,375
Jennie-O Turkey Store	21,278			23,305			76,931			93,102
International & Other	18,755			18,646			58,058			64,151
Total segment profit	270,606			277,308			886,039			907,812
Net unallocated expense	9,584			19,686			297			48,384
Noncontrolling interest	(22		)	110			279			352
Earnings Before Income Taxes	$	261,000		$	257,732		$	886,021		$	859,780

Schedule of total revenues contributed by classes of similar products

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

	Three Months Ended				Nine Months Ended
(in thousands)	July 28, 2019		July 29, 2018		July 28, 2019		July 29, 2018
Perishable	$	1,355,765	$	1,325,886	$	4,014,372	$	3,948,767
Shelf-stable	417,535		428,133		1,299,263		1,297,474
Poultry	427,622		453,926		1,296,677		1,325,037
Miscellaneous	89,783		151,197		385,492		449,725
Total	$	2,290,705	$	2,359,142	$	6,995,804	$	7,021,003

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 third quarter and first nine months of fiscal 2019 and 2018.

	Three Months Ended				Nine Months Ended
(in thousands)	July 28, 2019		July 29, 2018		July 28, 2019		July 29, 2018
U.S. Retail	$	1,163,367	$	1,221,398	$	3,672,189	$	3,778,544
U.S. Foodservice	729,321		729,247		2,135,633		2,060,594
U.S. Deli	229,386		240,777		693,377		672,252
International	168,631		167,720		494,605		509,613
Total	$	2,290,705	$	2,359,142	$	6,995,804	$	7,021,003