CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Jan. 29, 2023	Oct. 30, 2022
Assets
Cash and Cash Equivalents	$ 599,789	$ 982,107
Short-term Marketable Securities	17,792	16,149
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,481 at January 29, 2023, and $3,507 at October 30, 2022)	787,213	867,593
Inventories	1,730,086	1,716,059
Taxes Receivable	7,145	7,177
Prepaid Expenses	40,063	31,481
Other Current Assets	13,218	16,559
Total Current Assets	3,195,306	3,637,125
Goodwill	4,927,923	4,925,829
Other Intangibles	1,798,732	1,803,027
Pension Assets	242,358	245,566
Investments In and Receivables from Affiliates	701,629	271,058
Other Assets	292,697	283,169
Property, Plant, and Equipment
Land	73,952	74,303
Buildings	1,405,861	1,398,255
Equipment	2,641,581	2,636,660
Construction in Progress	226,908	216,246
Less: Allowance for Depreciation	(2,223,900)	(2,184,319)
Net Property, Plant, and Equipment	2,124,402	2,141,146
Total Assets	13,283,047	13,306,919
Liabilities and Shareholders' Investment
Accounts Payable and Accrued Expenses	764,525	875,405
Accrued Marketing Expenses	133,240	113,105
Employee Related Expenses	213,540	279,072
Interest and Dividends Payable	158,376	163,963
Taxes Payable	94,775	32,925
Current Maturities of Long-term Debt	8,929	8,796
Total Current Liabilities	1,373,385	1,473,266
Long-term Debt Less Current Maturities	3,292,559	3,290,549
Pension and Post-retirement Benefits	389,423	385,832
Deferred Income Taxes	471,457	475,212
Other Long-term Liabilities	137,230	141,840
Shareholders' Investment
Preferred Stock	0	0
Additional Paid-in Capital	477,470	469,468
Accumulated Other Comprehensive Loss	(252,261)	(255,561)
Retained Earnings	7,380,689	7,313,374
Hormel Foods Corporation Shareholders' Investment	7,613,904	7,535,284
Noncontrolling Interest	5,089	4,936
Total Shareholders' Investment	7,618,993	7,540,219
Total Liabilities and Shareholders' Investment	13,283,047	13,306,919
Common Stock Non-Voting
Shareholders' Investment
Common Stock	0	0
Common Stock
Shareholders' Investment
Common Stock	$ 8,006	$ 8,002