CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Jul. 27, 2025	Oct. 27, 2024
Assets
Cash and Cash Equivalents	$ 599,189	$ 741,881
Short-term Marketable Securities	31,480	24,742
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,660 at July 27, 2025, and $3,712 at October 27, 2024)	764,338	817,908
Inventories	1,821,860	1,576,300
Taxes Receivable	50,559	50,380
Prepaid Expenses and Other Current Assets	55,064	35,265
Total Current Assets	3,322,490	3,246,476
Goodwill	4,923,218	4,923,487
Intangible Assets	1,721,487	1,732,705
Pension Assets	192,123	205,964
Investments in Affiliates	698,632	719,481
Other Assets	426,068	411,889
Property, Plant, and Equipment
Land	74,411	75,159
Buildings	1,506,306	1,503,519
Equipment	2,940,137	2,905,058
Construction in Progress	330,408	228,726
Less: Allowance for Depreciation	(2,638,553)	(2,517,734)
Net Property, Plant, and Equipment	2,212,709	2,194,728
Total Assets	13,496,726	13,434,729
Liabilities and Shareholders’ Investment
Accounts Payable	707,753	735,604
Accrued Expenses	59,036	66,380
Accrued Marketing Expenses	117,328	108,156
Employee-related Expenses	251,860	283,490
Interest and Dividends Payable	174,361	175,941
Taxes Payable	28,454	21,916
Current Maturities of Long-term Debt	6,740	7,813
Total Current Liabilities	1,345,531	1,399,299
Long-term Debt Less Current Maturities	2,850,165	2,850,944
Pension and Post-retirement Benefits	386,554	379,891
Deferred Income Taxes	595,066	589,366
Other Long-term Liabilities	226,316	211,219
Shareholders’ Investment
Preferred Stock	0	0
Additional Paid-in Capital	617,598	571,178
Accumulated Other Comprehensive Loss	(275,006)	(263,331)
Retained Earnings	7,732,618	7,677,537
Hormel Foods Corporation Shareholders’ Investment	8,083,268	7,993,420
Noncontrolling Interest	9,824	10,590
Total Shareholders’ Investment	8,093,092	8,004,011
Total Liabilities and Shareholders’ Investment	13,496,726	13,434,729
Common Stock, Nonvoting
Shareholders’ Investment
Common Stock	0	0
Common Stock
Shareholders’ Investment
Common Stock	$ 8,057	$ 8,037