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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Jan. 26, 2020
Oct. 27, 2019
Current Assets    
Cash and Cash Equivalents $ 724,419 $ 672,901
Short-term Marketable Securities 14,808 14,736
Accounts Receivable 562,483 574,396
Inventories 1,057,277 1,042,362
Income Taxes Receivable 187 19,924
Prepaid Expenses 24,817 22,637
Other Current Assets 10,976 14,457
Total Current Assets 2,394,967 2,361,413
Goodwill 2,484,088 2,481,645
Other Intangibles 1,031,804 1,033,862
Pension Assets 141,892 135,915
Investments In and Receivables From Affiliates 290,777 289,157
Other Assets 251,353 177,901
Property, Plant and Equipment    
Land 54,450 49,758
Buildings 1,138,514  
Buildings   1,083,902
Equipment 1,990,262  
Equipment   1,965,478
Construction in Progress 275,498 256,190
Less: Allowance for Depreciation (1,763,497)  
Less: Allowance for Depreciation   (1,726,217)
Net Property, Plant and Equipment 1,695,228  
Net Property, Plant and Equipment   1,629,111
Total Assets 8,290,109 8,109,004
Current Liabilities    
Accounts Payable 490,042 590,033
Accrued Expenses 64,702 62,031
Accrued Workers Compensation 27,116 24,272
Accrued Marketing Expenses 110,093 96,305
Employee Related Expenses 164,933 213,515
Taxes Payable 30,489 6,208
Interest and Dividends Payable 127,452 112,685
Current Maturities of Long-term Debt 8,259 0
Total Current Liabilities 1,023,085 1,105,049
Long-term Debt–Less Current Maturities 308,972 250,000
Pension and Post-retirement Benefits 539,972 536,490
Other Long-term Liabilities 145,923 115,356
Deferred Income Taxes 176,113 176,574
Shareholders' Investment    
Common stock, issued shares, value 7,873 7,830
Additional Paid-in Capital 230,529 184,921
Accumulated Other Comprehensive Loss (393,278) (399,500)
Retained Earnings 6,246,641 6,128,207
Hormel Foods Corporation Shareholders' Investment 6,091,764 5,921,458
Noncontrolling Interest 4,281 4,077
Total Shareholders' Investment 6,096,045 5,925,535
Total Liabilities and Shareholders' Investment $ 8,290,109 $ 8,109,004