CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Oct. 25, 2020	Oct. 27, 2019
Current Assets
Cash and Cash Equivalents	$ 1,714,309	$ 672,901
Short-term Marketable Securities	17,338	14,736
Accounts Receivable (Net of Allowance for Doubtful Accounts of $4,012 at October 25, 2020, and $4,063 at October 27, 2019)	702,419	574,396
Inventories	1,072,762	1,042,362
Taxes Receivable	41,449	19,924
Prepaid Expenses	18,349	22,637
Other Current Assets	12,438	14,457
Total Current Assets	3,579,063	2,361,413
Goodwill	2,612,727	2,481,645
Other Intangibles	1,076,285	1,033,862
Pension Assets	183,232	135,915
Investments In and Receivables from Affiliates	308,372	289,157
Other Assets	250,382	177,901
Property, Plant, and Equipment
Land	62,543	49,758
Buildings	1,250,529
Buildings		1,083,902
Equipment	2,084,930
Equipment		1,965,478
Construction in Progress	369,453	256,190
Less: Allowance for Depreciation	(1,869,233)
Less: Allowance for Depreciation		(1,726,217)
Net Property, Plant, and Equipment	1,898,222
Net Property, Plant, and Equipment		1,629,111
Total Assets	9,908,282	8,109,004
Current Liabilities
Accounts Payable	644,609	590,033
Accrued Expenses	59,136	62,031
Accrued Workers Compensation	25,070	24,272
Accrued Marketing Expenses	108,502	96,305
Employee Related Expenses	252,845	213,515
Taxes Payable	22,480	6,208
Interest and Dividends Payable	132,632	112,685
Current Maturities of Long-term Debt	258,691	0
Total Current Liabilities	1,503,965	1,105,049
Long-term Debt – Less Current Maturities	1,044,936	250,000
Pension and Post-retirement Benefits	552,878	536,490
Other Long-term Liabilities	157,399	115,356
Deferred Income Taxes	218,779	176,574
Shareholders’ Investment
Common Stock, Value, Issued	7,909	7,830
Additional Paid-in Capital	289,554	184,921
Accumulated Other Comprehensive Loss	(395,250)	(399,500)
Retained Earnings	6,523,335	6,128,207
Hormel Foods Corporation Shareholders’ Investment	6,425,548	5,921,458
Noncontrolling Interest	4,778	4,077
Total Shareholders’ Investment	6,430,326	5,925,535
Total Liabilities and Shareholders’ Investment	$ 9,908,282	$ 8,109,004