CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Apr. 25, 2021	Oct. 25, 2020
Current Assets
Cash and Cash Equivalents	$ 1,484,533	$ 1,714,309
Short-term Marketable Securities	17,700	17,338
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,711 at April 25, 2021, and $4,012 at October 25, 2020)	722,185	702,419
Inventories	1,229,030	1,072,762
Income Taxes Receivable	9,263	41,449
Prepaid Expenses	23,875	18,349
Other Current Assets	27,707	12,438
Total Current Assets	3,514,292	3,579,063
Goodwill	2,614,036	2,612,727
Other Intangibles	1,068,399	1,076,285
Pension Assets	196,473	183,232
Investments In and Receivables From Affiliates	309,256	308,372
Other Assets	289,059	250,382
Property, Plant and Equipment
Land	64,228	62,543
Buildings	1,286,802	1,250,529
Equipment	2,229,687	2,084,930
Construction in Progress	257,658	369,453
Less: Allowance for Depreciation	(1,940,887)	(1,869,233)
Net Property, Plant and Equipment	1,897,489	1,898,222
Total Assets	9,889,004	9,908,282
Current Liabilities
Accounts Payable	577,365	644,609
Accrued Expenses	47,196	59,136
Accrued Workers Compensation	28,681	25,070
Accrued Marketing Expenses	118,452	108,502
Employee Related Expenses	226,111	252,845
Taxes Payable	28,940	22,480
Interest and Dividends Payable	139,102	132,632
Current Maturities of Long-term Debt	9,333	258,691
Total Current Liabilities	1,175,179	1,503,965
Long-term Debt - Less Current Maturities	1,040,486	1,044,936
Pension and Post-retirement Benefits	557,400	552,878
Other Long-term Liabilities	172,626	157,399
Deferred Income Taxes	237,461	218,779
Shareholders' Investment
Preferred Stock	0	0
Additional Paid-in Capital	319,048	289,554
Accumulated Other Comprehensive Loss	(325,629)	(395,250)
Retained Earnings	6,699,336	6,523,335
Hormel Foods Corporation Shareholders' Investment	6,700,672	6,425,548
Noncontrolling Interest	5,178	4,778
Total Shareholders' Investment	6,705,851	6,430,326
Total Liabilities and Shareholders' Investment	9,889,004	9,908,282
Common Stock Non-Voting
Shareholders' Investment
Common Stock	0	0
Common Stock
Shareholders' Investment
Common Stock	$ 7,917	$ 7,909