CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Apr. 27, 2025	Oct. 27, 2024
Assets
Cash and Cash Equivalents	$ 669,688	$ 741,881
Short-term Marketable Securities	29,293	24,742
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,664 at April 27, 2025, and $3,712 at October 27, 2024)	743,981	817,908
Inventories	1,729,237	1,576,300
Taxes Receivable	50,529	50,380
Prepaid Expenses and Other Current Assets	59,341	35,265
Total Current Assets	3,282,069	3,246,476
Goodwill	4,920,635	4,923,487
Intangible Assets	1,724,810	1,732,705
Pension Assets	196,736	205,964
Investments in Affiliates	682,810	719,481
Other Assets	422,903	411,889
Property, Plant, and Equipment
Land	73,372	75,159
Buildings	1,498,515	1,503,519
Equipment	2,912,555	2,905,058
Construction in Progress	297,683	228,726
Less: Allowance for Depreciation	(2,590,282)	(2,517,734)
Net Property, Plant, and Equipment	2,191,843	2,194,728
Total Assets	13,421,808	13,434,729
Liabilities and Shareholders’ Investment
Accounts Payable	716,892	735,604
Accrued Expenses	53,353	66,380
Accrued Marketing Expenses	119,092	108,156
Employee-related Expenses	239,392	283,490
Interest and Dividends Payable	180,561	175,941
Taxes Payable	11,125	21,916
Current Maturities of Long-term Debt	7,249	7,813
Total Current Liabilities	1,327,664	1,399,299
Long-term Debt Less Current Maturities	2,850,697	2,850,944
Pension and Post-retirement Benefits	384,678	379,891
Deferred Income Taxes	594,504	589,366
Other Long-term Liabilities	222,324	211,219
Shareholders’ Investment
Preferred Stock	0	0
Additional Paid-in Capital	614,189	571,178
Accumulated Other Comprehensive Loss	(298,601)	(263,331)
Retained Earnings	7,708,693	7,677,537
Hormel Foods Corporation Shareholders’ Investment	8,032,337	7,993,420
Noncontrolling Interest	9,604	10,590
Total Shareholders’ Investment	8,041,941	8,004,011
Total Liabilities and Shareholders’ Investment	13,421,808	13,434,729
Common Stock, Nonvoting
Shareholders’ Investment
Common Stock	0	0
Common Stock
Shareholders’ Investment
Common Stock	$ 8,056	$ 8,037