COMPREHENSIVE INCOME

9 Months Ended

Jul. 31, 2011

COMPREHENSIVE INCOME.

COMPREHENSIVE INCOME

NOTE F COMPREHENSIVE INCOME

Components of comprehensive income, net of taxes, are:

	Three Months Ended						Nine Months Ended
	July 31,			July 25,			July 31,			July 25,
(in thousands)	2011			2010			2011			2010
Net earnings	$	99,964		$	86,364		$	360,701		$	277,168
Other comprehensive (loss) income:
Deferred gain (loss) on hedging	369			1,729			25,655			(8,868		)
Reclassification adjustment into net earnings	(9,483		)	4,006			(18,477		)	16,164
Foreign currency translation	756			(1,494		)	3,093			1,328
Pension and post-retirement benefits	2,962			273			11,263			6,833
Other comprehensive (loss) income	(5,396		)	4,514			21,534			15,457
Total comprehensive income	94,568			90,878			382,235			292,625
Comprehensive income attributable to noncontrolling interest	1,542			1,016			3,993			2,751
Comprehensive income attributable to Hormel Foods Corporation	$	93,026		$	89,862		$	378,242		$	289,874

The components of accumulated other comprehensive loss, net of tax, are as follows:

(in thousands)	July 31, 2011			October 31, 2010
Foreign currency translation	$	11,764		$	8,849
Pension & other benefits	(193,980		)	(205,243		)
Deferred gain on hedging	27,662			20,484
Accumulated other comprehensive loss	$	(154,554	)	$	(175,910	)