Segment Reporting (Tables)

12 Months Ended

Oct. 27, 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 operating 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 that these segments, if operated independently, would report the profit and other financial information shown below.

	Fiscal Year
(in thousands)		2019			2018			2017
Sales to Unaffiliated Customers
Grocery Products		$	2,369,317		$	2,480,367		$	2,507,503
Refrigerated Foods		5,210,741			5,109,881			4,759,839
Jennie-O Turkey Store		1,323,783			1,331,013			1,355,163
International & Other		593,476			624,439			545,014
Total		$	9,497,317		$	9,545,700		$	9,167,519
Intersegment Sales
Grocery Products		$	41		$	38		$	32
Refrigerated Foods		16,351			8,591			7,832
Jennie-O Turkey Store		123,712			110,753			113,384
International & Other		$	—		—			—
Total		140,104			119,382			121,248
Intersegment Elimination		(140,104		)	(119,382		)	(121,248		)
Total		$	—		$	—		$	—
Net Sales
Grocery Products		$	2,369,358		$	2,480,405		$	2,507,535
Refrigerated Foods		5,227,092			5,118,472			4,767,671
Jennie-O Turkey Store		1,447,495			1,441,766			1,468,547
International & Other		593,476			624,439			545,014
Intersegment Elimination		(140,104		)	(119,382		)	(121,248		)
Total		$	9,497,317		$	9,545,700		$	9,167,519
Segment Profit
Grocery Products		$	339,497		$	353,266		$	373,330
Refrigerated Foods		681,763			670,948			666,125
Jennie-O Turkey Store		117,962			131,846			183,433
International & Other		75,513			88,953			85,304
Total Segment Profit		1,214,735			$	1,245,013		$	1,308,192
Net Unallocated Expense		5,362			64,171			29,915
Noncontrolling Interest		342			442			368
Earnings Before Income Taxes		$	1,209,715		$	1,181,284		$	1,278,645
Assets
Grocery Products		$	1,774,235		$	2,172,117		$	2,181,762
Refrigerated Foods		3,583,639			3,444,646			2,389,896
Jennie-O Turkey Store		1,023,787			1,016,961			910,614
International & Other		692,310			679,003			675,878
Corporate		1,035,033			829,565			817,758
Total		$	8,109,004		$	8,142,292		$	6,975,908
Additions to Property, Plant & Equipment
Grocery Products		$	37,892		$	13,042		$	16,443
Refrigerated Foods		174,506			220,499			79,836
Jennie-O Turkey Store		31,607			131,946			88,063
International & Other		9,248			16,513			33,124
Corporate		40,585			7,607			3,820
Total		$	293,838		$	389,607		$	221,286
Depreciation and Amortization
Grocery Products		$	31,406		$	35,210		$	37,089
Refrigerated Foods		77,100			70,579			45,926
Jennie-O Turkey Store		34,696			33,316			31,603
International & Other		10,666			10,755			4,042
Corporate		11,342			11,998			12,317
Total		$	165,210		$	161,858		$	130,977

Schedule of total revenues contributed by sales channel

The amount of total revenues contributed by sales channel for the last three fiscal years are as follows:

	Fiscal Year Ended
(in thousands)	October 27, 2019		October 28, 2018		October 29, 2017
U.S. Retail	$	4,947,398	$	5,112,988	$	5,492,825
U.S. Foodservice	2,943,352		2,824,951		2,611,218
U.S. Deli	939,069		914,009		460,250
International	667,498		693,752		603,226
Total	$	9,497,317	$	9,545,700	$	9,167,519

Schedule of total revenues contributed by classes of similar products

The amount of total revenues contributed by classes of similar products for the last three fiscal years are as follows: 

	Fiscal Year Ended
(in thousands)	October 27, 2019		October 28, 2018		October 29, 2017
Perishable	$	5,370,409	$	5,336,046	$	4,922,958
Poultry	1,849,294		1,842,320		1,750,996
Shelf-stable	1,829,138		1,765,955		1,851,839
Miscellaneous	448,476		601,379		641,726
Total	$	9,497,317	$	9,545,700	$	9,167,519

Schedule of total revenues attributable to U.S. and all foreign countries

Total revenues attributed to the U.S. and all foreign countries in total for the last three fiscal years are as follows: 

	Fiscal Year Ended
(in thousands)	October 27, 2019		October 28, 2018		October 29, 2017
United States	$	8,934,911	$	8,957,305	$	8,631,325
Foreign	562,406		588,395		536,194
Total	$	9,497,317	$	9,545,700	$	9,167,519