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Segment Reporting (Tables)
12 Months Ended
Oct. 25, 2020
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)202020192018
Sales to Unaffiliated Customers
Grocery Products$2,385,291 $2,369,317 $2,480,367 
Refrigerated Foods5,271,061 5,210,741 5,109,881 
Jennie-O Turkey Store1,333,459 1,323,783 1,331,013 
International & Other618,650 593,476 624,439 
Total$9,608,462 $9,497,317 $9,545,700 
Intersegment Sales
Grocery Products$13 $41 $38 
Refrigerated Foods21,067 16,351 8,591 
Jennie-O Turkey Store108,276 123,712 110,753 
International & Other— — — 
Total129,356 140,104 119,382 
Intersegment Elimination
(129,356)(140,104)(119,382)
Total$ $— $— 
Net Sales
Grocery Products$2,385,304 $2,369,358 $2,480,405 
Refrigerated Foods5,292,128 5,227,092 5,118,472 
Jennie-O Turkey Store1,441,735 1,447,495 1,441,766 
International & Other618,650 593,476 624,439 
Intersegment Elimination(129,356)(140,104)(119,382)
Total$9,608,462 $9,497,317 $9,545,700 
Segment Profit
Grocery Products$358,008 $339,497 $353,266 
Refrigerated Foods609,406 681,763 670,948 
Jennie-O Turkey Store105,585 117,962 131,846 
International & Other93,782 75,513 88,953 
Total Segment Profit$1,166,782 $1,214,735 $1,245,013 
Net Unallocated Expense52,307 5,362 64,171 
Noncontrolling Interest272 342 442 
Earnings Before Income Taxes$1,114,747 $1,209,715 $1,181,284 
Assets   
Grocery Products$1,713,883 $1,774,235 $2,172,117 
Refrigerated Foods4,188,250 3,583,639 3,444,646 
Jennie-O Turkey Store1,111,318 1,023,787 1,016,961 
International & Other721,729 692,310 679,003 
Corporate2,173,101 1,035,033 829,565 
Total$9,908,282 $8,109,004 $8,142,292 
Additions to Property, Plant, & Equipment
Grocery Products$34,409 $37,892 $13,042 
Refrigerated Foods249,441 174,506 220,499 
Jennie-O Turkey Store42,042 31,607 131,946 
International & Other3,737 9,248 16,513 
Corporate37,872 40,585 7,607 
Total$367,501 $293,838 $389,607 
Depreciation and Amortization
Grocery Products$32,148 $31,406 $35,210 
Refrigerated Foods97,317 77,100 70,579 
Jennie-O Turkey Store46,322 34,696 33,316 
International & Other16,226 10,666 10,755 
Corporate13,767 11,342 11,998 
Total$205,781 $165,210 $161,858 
Schedule of total revenues contributed by sales channel The amount of total revenues contributed by sales channel for the last three fiscal years are:
Fiscal Year Ended
(in thousands)October 25, 2020October 27, 2019October 28, 2018
U.S. Retail$5,441,412 $4,947,398 $5,112,988 
U.S. Foodservice2,489,644 2,943,352 2,824,951 
U.S. Deli970,327 939,069 914,009 
International707,078 667,498 693,752 
Total$9,608,462 $9,497,317 $9,545,700 
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: 
Fiscal Year Ended
(in thousands)October 25, 2020October 27, 2019October 28, 2018
Perishable$5,328,738 $5,370,409 $5,336,046 
Shelf-stable2,092,551 1,829,138 1,765,955 
Poultry1,886,367 1,849,294 1,842,320 
Miscellaneous300,806 448,476 601,379 
Total$9,608,462 $9,497,317 $9,545,700 
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: 
Fiscal Year Ended
(in thousands)October 25, 2020October 27, 2019October 28, 2018
United States$9,006,007 $8,934,911 $8,957,305 
Foreign602,454 562,406 588,395 
Total$9,608,462 $9,497,317 $9,545,700