CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	May 01, 2022	Oct. 31, 2021
Current Assets
Cash and Cash Equivalents	$ 861,719	$ 613,530
Short-term Marketable Securities	23,478	21,162
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,500 at May 1, 2022, and $4,033 at October 31, 2021)	795,292	895,719
Inventories	1,597,001	1,369,198
Taxes Receivable	7,763	8,293
Prepaid Expenses	31,478	24,971
Other Current Assets	56,826	14,943
Total Current Assets	3,373,557	2,947,816
Goodwill	4,935,832	4,929,102
Other Intangibles	1,814,501	1,822,273
Pension Assets	303,803	289,096
Investments In and Receivables from Affiliates	275,849	299,019
Other Assets	295,127	299,907
Property, Plant and Equipment
Land	75,053	72,133
Buildings	1,349,098	1,332,881
Equipment	2,486,841	2,415,063
Construction in Progress	316,840	316,455
Less: Allowance for Depreciation	(2,104,237)	(2,027,414)
Net Property, Plant and Equipment	2,123,595	2,109,117
Total Assets	13,122,263	12,696,329
Current Liabilities
Accounts Payable and Accrued Expenses	826,729	844,502
Accrued Marketing Expenses	126,077	114,746
Employee Related Expenses	244,664	269,327
Interest and Dividends Payable	181,782	154,803
Taxes Payable	93,324	23,520
Current Maturities of Long-term Debt	8,084	8,756
Total Current Liabilities	1,480,659	1,415,654
Long-term Debt Less Current Maturities	3,294,101	3,315,147
Pension and Post-retirement Benefits	550,047	546,362
Other Long-term Liabilities	160,401	162,623
Deferred Income Taxes	291,841	278,183
Shareholders' Investment
Preferred Stock	0	0
Additional Paid-in Capital	451,836	360,336
Accumulated Other Comprehensive Loss	(221,164)	(277,269)
Retained Earnings	7,100,730	6,881,870
Hormel Foods Corporation Shareholders' Investment	7,339,402	6,972,883
Noncontrolling Interest	5,812	5,478
Total Shareholders' Investment	7,345,214	6,978,360
Total Liabilities and Shareholders' Investment	13,122,263	12,696,329
Common Stock Non-Voting
Shareholders' Investment
Common Stock	0	0
Common Stock
Shareholders' Investment
Common Stock	$ 8,000	$ 7,946