CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Jul. 25, 2021	Oct. 25, 2020
Current Assets
Cash and Cash Equivalents	$ 291,363	$ 1,714,309
Short-term Marketable Securities	18,372	17,338
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,906 at July 25, 2021, and $4,012 at October 25, 2020)	896,008	702,419
Inventories	1,426,738	1,072,762
Income Taxes Receivable	16,408	41,449
Prepaid Expenses	26,250	18,349
Other Current Assets	13,534	12,438
Total Current Assets	2,688,672	3,579,063
Goodwill	4,907,073	2,612,727
Other Intangibles	1,863,713	1,076,285
Pension Assets	203,093	183,232
Investments In and Receivables From Affiliates	304,417	308,372
Other Assets	298,071	250,382
Property, Plant and Equipment
Land	72,085	62,543
Buildings	1,331,987	1,250,529
Equipment	2,382,940	2,084,930
Construction in Progress	263,632	369,453
Less: Allowance for Depreciation	(1,983,503)	(1,869,233)
Net Property, Plant and Equipment	2,067,141	1,898,222
Total Assets	12,332,182	9,908,282
Current Liabilities
Accounts Payable	654,162	644,609
Accrued Expenses	51,108	59,136
Accrued Workers Compensation	29,278	25,070
Accrued Marketing Expenses	133,925	108,502
Employee Related Expenses	216,065	252,845
Taxes Payable	17,453	22,480
Interest and Dividends Payable	140,469	132,632
Current Maturities of Long-term Debt	8,732	258,691
Total Current Liabilities	1,251,191	1,503,965
Long-term Debt - Less Current Maturities	3,316,262	1,044,936
Pension and Post-retirement Benefits	559,958	552,878
Other Long-term Liabilities	174,473	157,399
Deferred Income Taxes	236,566	218,779
Shareholders' Investment
Preferred Stock	0	0
Additional Paid-in Capital	354,162	289,554
Accumulated Other Comprehensive Loss	(317,528)	(395,250)
Retained Earnings	6,743,701	6,523,335
Hormel Foods Corporation Shareholders' Investment	6,788,284	6,425,548
Noncontrolling Interest	5,448	4,778
Total Shareholders' Investment	6,793,732	6,430,326
Total Liabilities and Shareholders' Investment	12,332,182	9,908,282
Common Stock Non-Voting
Shareholders' Investment
Common Stock	0	0
Common Stock
Shareholders' Investment
Common Stock	$ 7,948	$ 7,909