CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Oct. 27, 2019	Oct. 28, 2018
Current Assets
Cash and Cash Equivalents	$ 672,901	$ 459,136
Short-term Marketable Securities	14,736	0
Accounts Receivable (Net of Allowance for Doubtful Accounts of $4,063 at October 27, 2019, and $4,051 at October 28, 2018)	574,396	600,438
Inventories	1,042,362	963,527
Income Taxes Receivable	19,924	3,995
Prepaid Expenses	22,637	16,342
Other Current Assets	14,457	6,662
Total Current Assets	2,361,413	2,050,100
Goodwill	2,481,645	2,714,116
Other Intangibles	1,033,862	1,207,219
Pension Assets	135,915	195,153
Investments In and Receivables from Affiliates	289,157	273,153
Other Assets	177,901	189,951
Property, Plant and Equipment
Land	49,758	50,332
Buildings	1,083,902	956,260
Equipment	1,965,478	1,863,020
Construction in Progress	256,190	332,205
Less: Allowance for Depreciation	(1,726,217)	(1,689,217)
Net Property, Plant and Equipment	1,629,111	1,512,600
Total Assets	8,109,004	8,142,292
Current Liabilities
Accounts Payable	590,033	618,830
Accrued Expenses	62,031	48,298
Accrued Workers Compensation	24,272	24,594
Accrued Marketing Expenses	96,305	118,887
Employee Related Expenses	213,515	224,736
Taxes Payable	6,208	2,490
Interest and Dividends Payable	112,685	101,079
Total Current Liabilities	1,105,049	1,138,914
Long-term Debt – Less Current Maturities	250,000	624,840
Pension and Post-retirement Benefits	536,490	477,557
Other Long-term Liabilities	115,356	99,070
Deferred Income Taxes	176,574	197,093
Shareholders’ Investment
Common Stock, Issued, Value	7,830	7,825
Additional Paid-in Capital	184,921	106,528
Accumulated Other Comprehensive Loss	(399,500)	(243,498)
Retained Earnings	6,128,207	5,729,956
Hormel Foods Corporation Shareholders’ Investment	5,921,458	5,600,811
Noncontrolling Interest	4,077	4,007
Total Shareholders’ Investment	5,925,535	5,604,818
Total Liabilities and Shareholders’ Investment	$ 8,109,004	$ 8,142,292