XML 51 R34.htm IDEA: XBRL DOCUMENT v3.25.3
Investments in Affiliates (Tables)
12 Months Ended
Oct. 26, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of ownership percentage and basis difference in equity method investments As of October 26, 2025, the Company's equity method investments include:
Segment
Ownership Percentage
MegaMex Foods
Retail50%
The Purefoods-Hormel Company, Inc.
International40%
PT Garudafood Putra Putri Jaya Tbk. (Garudafood)
International30%
Okinawa Hormel LTD
International26%
Corporate Venturing Investments
n/a
26% - 43%
The initial and unamortized basis differences as of October 26, 2025, are:
In thousands
Initial Basis Difference
Unamortized Basis Difference
Garudafood (1)
$324,828 $136,362 
MegaMex Foods
21,273 7,609 
(1) The Garudafood remaining unamortized basis difference balance includes the impact of foreign currency translation and impairment.
Schedule of distributions received from equity method investees Distributions received from equity method investees consists of:
In thousandsFiscal Year Ended
October 26, 2025October 27, 2024October 29, 2023
Distributions
$50,097 $46,055 $38,160