CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Jul. 26, 2020	Oct. 27, 2019
Current Assets
Cash and Cash Equivalents	$ 1,729,368	$ 672,901
Short-term Marketable Securities	17,564	14,736
Accounts Receivable	648,991	574,396
Inventories	982,355	1,042,362
Income Taxes Receivable	572	19,924
Prepaid Expenses	16,968	22,637
Other Current Assets	13,956	14,457
Total Current Assets	3,409,774	2,361,413
Goodwill	2,615,690	2,481,645
Other Intangibles	1,080,546	1,033,862
Pension Assets	153,865	135,915
Investments In and Receivables From Affiliates	298,638	289,157
Other Assets	241,947	177,901
Property, Plant and Equipment
Land	54,971	49,758
Buildings	1,152,620
Buildings		1,083,902
Equipment	2,045,238
Equipment		1,965,478
Construction in Progress	384,052	256,190
Less: Allowance for Depreciation	(1,836,869)
Less: Allowance for Depreciation		(1,726,217)
Net Property, Plant and Equipment	1,800,012
Net Property, Plant and Equipment		1,629,111
Total Assets	9,600,472	8,109,004
Current Liabilities
Accounts Payable	537,535	590,033
Accrued Expenses	61,079	62,031
Accrued Workers Compensation	28,305	24,272
Accrued Marketing Expenses	147,071	96,305
Employee Related Expenses	214,394	213,515
Taxes Payable	49,731	6,208
Interest and Dividends Payable	130,248	112,685
Current Maturities of Long-term Debt	258,688	0
Total Current Liabilities	1,427,051	1,105,049
Long-term Debt - Less Current Maturities	1,046,821	250,000
Pension and Post-retirement Benefits	545,988	536,490
Other Long-term Liabilities	138,543	115,356
Deferred Income Taxes	170,322	176,574
Shareholders' Investment
Common Stock	7,902	7,830
Additional Paid-in Capital	276,592	184,921
Accumulated Other Comprehensive Loss	(431,882)	(399,500)
Retained Earnings	6,414,813	6,128,207
Hormel Foods Corporation Shareholders' Investment	6,267,425	5,921,458
Noncontrolling Interest	4,322	4,077
Total Shareholders' Investment	6,271,747	5,925,535
Total Liabilities and Shareholders' Investment	$ 9,600,472	$ 8,109,004