CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Oct. 31, 2021	Oct. 25, 2020
Current Assets
Cash and Cash Equivalents	$ 613,530	$ 1,714,309
Short-term Marketable Securities	21,162	17,338
Accounts Receivable (Net of Allowance for Doubtful Accounts of $4,033 at October 31, 2021, and $4,012 at October 25, 2020)	895,719	702,419
Inventories	1,369,198	1,072,762
Taxes Receivable	8,293	41,449
Prepaid Expenses	24,971	18,349
Other Current Assets	14,943	12,438
Total Current Assets	2,947,816	3,579,063
Goodwill	4,929,102	2,612,727
Other Intangibles	1,822,273	1,076,285
Pension Assets	289,096	183,232
Investments In and Receivables from Affiliates	299,019	308,372
Other Assets	299,907	250,382
Property, Plant, and Equipment
Land	72,133	62,543
Buildings	1,332,881	1,250,529
Equipment	2,415,063	2,084,930
Construction in Progress	316,455	369,453
Less: Allowance for Depreciation	(2,027,414)	(1,869,233)
Net Property, Plant, and Equipment	2,109,117	1,898,222
Total Assets	12,696,329	9,908,282
Current Liabilities
Accounts Payable	793,310	644,609
Accrued Expenses	51,192	59,136
Accrued Workers Compensation	27,350	25,070
Accrued Marketing Expenses	114,746	108,502
Employee Related Expenses	241,977	252,845
Taxes Payable	23,520	22,480
Interest and Dividends Payable	154,803	132,632
Current Maturities of Long-term Debt	8,756	258,691
Total Current Liabilities	1,415,654	1,503,965
Long-term Debt Less Current Maturities	3,315,147	1,044,936
Pension and Post-retirement Benefits	546,362	552,878
Other Long-term Liabilities	162,623	157,399
Deferred Income Taxes	278,183	218,779
Shareholders’ Investment
Common Stock, Value, Issued	7,946	7,909
Additional Paid-in Capital	360,336	289,554
Accumulated Other Comprehensive Loss	(277,269)	(395,250)
Retained Earnings	6,881,870	6,523,335
Hormel Foods Corporation Shareholders’ Investment	6,972,883	6,425,548
Noncontrolling Interest	5,478	4,778
Total Shareholders’ Investment	6,978,360	6,430,326
Total Liabilities and Shareholders’ Investment	$ 12,696,329	$ 9,908,282