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Segment Reporting (Tables)
12 Months Ended
Oct. 31, 2021
Segment Reporting [Abstract]  
Schedule of sales and operating profits for each of the reportable segments and reconciliation to earnings before income taxes
Sales and segment profit 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)202120202019
Sales to Unaffiliated Customers
Grocery Products$2,809,445 $2,385,291 $2,369,317 
Refrigerated Foods6,333,410 5,271,061 5,210,741 
Jennie-O Turkey Store1,495,151 1,333,459 1,323,783 
International & Other748,183 618,650 593,476 
Total$11,386,189 $9,608,462 $9,497,317 
Intersegment Sales
Grocery Products$ $13 $41 
Refrigerated Foods28,019 21,067 16,351 
Jennie-O Turkey Store134,563 108,276 123,712 
International & Other— — — 
Total162,582 129,356 140,104 
Intersegment Elimination
(162,582)(129,356)(140,104)
Total$ $— $— 
Net Sales
Grocery Products$2,809,445 $2,385,304 $2,369,358 
Refrigerated Foods6,361,429 5,292,128 5,227,092 
Jennie-O Turkey Store1,629,714 1,441,735 1,447,495 
International & Other748,183 618,650 593,476 
Intersegment Elimination(162,582)(129,356)(140,104)
Total$11,386,189 $9,608,462 $9,497,317 
Segment Profit
Grocery Products$382,197 $358,008 $339,497 
Refrigerated Foods664,558 609,406 681,763 
Jennie-O Turkey Store76,006 105,585 117,962 
International & Other115,943 93,782 75,513 
Total Segment Profit$1,238,704 $1,166,782 $1,214,735 
Net Unallocated Expense112,836 52,307 5,362 
Noncontrolling Interest301 272 342 
Earnings Before Income Taxes$1,126,170 $1,114,747 $1,209,715 
Assets   
Grocery Products$4,711,475 $1,713,883 $1,774,235 
Refrigerated Foods4,900,427 4,188,250 3,583,639 
Jennie-O Turkey Store1,073,249 1,111,318 1,023,787 
International & Other800,828 721,729 692,310 
Corporate1,210,351 2,173,101 1,035,033 
Total$12,696,329 $9,908,282 $8,109,004 
Additions to Property, Plant, & Equipment
Grocery Products$19,911 $34,409 $37,892 
Refrigerated Foods159,380 249,441 174,506 
Jennie-O Turkey Store14,606 42,042 31,607 
International & Other8,626 3,737 9,248 
Corporate29,894 37,872 40,585 
Total$232,416 $367,501 $293,838 
Depreciation and Amortization
Grocery Products$34,645 $32,148 $31,406 
Refrigerated Foods116,206 97,317 77,100 
Jennie-O Turkey Store47,669 46,322 34,696 
International & Other15,244 16,226 10,666 
Corporate14,643 13,767 11,342 
Total$228,406 $205,781 $165,210 
Schedule of total revenues contributed by sales channel The amounts of total revenues contributed by sales channel for the last three fiscal years are:
Fiscal Year Ended
(in thousands)October 31, 2021October 25, 2020October 27, 2019
U.S. Retail$6,196,761 $5,441,412 $4,947,398 
U.S. Foodservice3,239,424 2,489,644 2,943,352 
U.S. Deli1,087,081 970,327 939,069 
International862,923 707,078 667,498 
Total$11,386,189 $9,608,462 $9,497,317 
Schedule of total revenues contributed by classes of similar products The amounts of total revenues contributed by classes of similar products for the last three fiscal years are: 
Fiscal Year Ended
(in thousands)October 31, 2021October 25, 2020October 27, 2019
Perishable$6,271,164 $5,328,738 $5,370,409 
Shelf-stable2,661,194 2,092,551 1,829,138 
Poultry2,100,356 1,886,367 1,849,294 
Miscellaneous353,475 300,806 448,476 
Total$11,386,189 $9,608,462 $9,497,317 
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 31, 2021October 25, 2020October 27, 2019
United States$10,653,088 $9,006,007 $8,934,911 
Foreign733,101 602,454 562,406 
Total$11,386,189 $9,608,462 $9,497,317