SEGMENT REPORTING (Tables)

9 Months Ended

Jul. 31, 2011

SEGMENT REPORTING

Schedule of operating profit and other financial information

	Three Months Ended						Nine Months Ended
(in thousands)	July 31, 2011			July 25, 2010			July 31, 2011			July 25, 2010
Sales to Unaffiliated Customers
Grocery Products	$	245,368		$	235,034		$	782,540		$	753,343
Refrigerated Foods	1,045,874			950,075			3,097,200			2,735,847
Jennie-O Turkey Store	327,809			295,862			1,058,279			908,364
Specialty Foods	207,025			187,065			603,371			570,941
All Other	84,516			62,415			249,801			189,185
Total	$	1,910,592		$	1,730,451		$	5,791,191		$	5,157,680
Intersegment Sales
Grocery Products	$	0		$	0		$	0		$	0
Refrigerated Foods	4,313			2,346			9,765			6,156
Jennie-O Turkey Store	32,059			30,151			93,202			78,458
Specialty Foods	22			38			104			92
All Other	0			0			0			0
Total	$	36,394		$	32,535		$	103,071		$	84,706
Intersegment elimination	(36,394		)	(32,535		)	(103,071		)	(84,706		)
Total	$	0		$	0		$	0		$	0
Net Sales
Grocery Products	$	245,368		$	235,034		$	782,540		$	753,343
Refrigerated Foods	1,050,187			952,421			3,106,965			2,742,003
Jennie-O Turkey Store	359,868			326,013			1,151,481			986,822
Specialty Foods	207,047			187,103			603,475			571,033
All Other	84,516			62,415			249,801			189,185
Intersegment elimination	(36,394		)	(32,535		)	(103,071		)	(84,706		)
Total	$	1,910,592		$	1,730,451		$	5,791,191		$	5,157,680
Segment Operating Profit
Grocery Products	$	30,428		$	25,596		$	118,038		$	112,788
Refrigerated Foods	56,820			64,539			223,204			190,250
Jennie-O Turkey Store	34,851			30,664			155,379			96,100
Specialty Foods	18,141			19,703			54,583			60,841
All Other	8,043			4823			26,480			16,678
Total segment operating profit	$	148,283		$	145,325		$	577,684		$	476,657
Net interest and investment expense (income)	5,484			6,183			16,837			17,452
General corporate expense	2,944			5,705			26,165			25,459
Noncontrolling interest	1,483			994			3,815			2,729
Earnings before income taxes	$	141,338		$	134,431		$	538,497		$	436,475