CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Jan. 30, 2022	Oct. 31, 2021
Current Assets
Cash and Cash Equivalents	$ 824,434	$ 613,530
Short-term Marketable Securities	22,194	21,162
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,739 at January 30, 2022, and $4,033 at October 31, 2021)	812,706	895,719
Inventories	1,385,705	1,369,198
Taxes Receivable	7,699	8,293
Prepaid Expenses and Other Current Assets	40,614	39,914
Total Current Assets	3,093,350	2,947,816
Goodwill	4,928,139	4,929,102
Other Intangibles	1,817,165	1,822,273
Pension Assets	296,450	289,096
Investments In and Receivables from Affiliates	286,493	299,019
Other Assets	303,577	299,907
Property, Plant and Equipment
Land	74,992	72,133
Buildings	1,339,344	1,332,881
Equipment	2,473,366	2,415,063
Construction in Progress	282,656	316,455
Less: Allowance for Depreciation	(2,068,524)	(2,027,414)
Net Property, Plant and Equipment	2,101,835	2,109,117
Total Assets	12,827,009	12,696,329
Current Liabilities
Accounts Payable and Accrued Expenses	799,368	844,502
Accrued Marketing Expenses	149,628	114,746
Employee Related Expenses	214,350	269,327
Taxes Payable	89,134	23,520
Interest and Dividends Payable	154,024	154,803
Current Maturities of Long-term Debt	8,829	8,756
Total Current Liabilities	1,415,334	1,415,654
Long-term Debt Less Current Maturities	3,309,150	3,315,147
Pension and Post-retirement Benefits	547,779	546,362
Other Long-term Liabilities	166,906	162,623
Deferred Income Taxes	281,515	278,183
Shareholders' Investment
Preferred Stock	0	0
Additional Paid-in Capital	377,708	360,336
Accumulated Other Comprehensive Loss	(265,524)	(277,269)
Retained Earnings	6,980,451	6,881,870
Hormel Foods Corporation Shareholders' Investment	7,100,589	6,972,883
Noncontrolling Interest	5,736	5,478
Total Shareholders' Investment	7,106,325	6,978,360
Total Liabilities and Shareholders' Investment	12,827,009	12,696,329
Common Stock Non-Voting
Shareholders' Investment
Common Stock	0	0
Common Stock
Shareholders' Investment
Common Stock	$ 7,955	$ 7,946