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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Oct. 30, 2011
Oct. 31, 2010
Current Assets    
Cash and cash equivalents $ 463,130 $ 467,845
Short-term marketable securities 76,077 50,595
Accounts receivable (net of allowance for doubtful accounts of $4,000 at October 30, 2011 and $4,000 at October 31, 2010) 461,110 430,939
Inventories 885,823 793,771
Income taxes receivable 24,423 8,525
Deferred income taxes 69,203 70,703
Prepaid expenses 10,048 12,153
Other current assets 8,417 23,635
Total Current Assets 1,998,231 1,858,166
Deferred Income Taxes 59,814 72,426
Goodwill 630,884 629,023
Other Intangibles 132,046 141,522
Pension Assets 80,208 61,272
Investments in and Receivables from Affiliates 295,698 214,389
Other Assets 140,420 155,017
Property, Plant and Equipment    
Land 56,273 54,017
Buildings 749,143 729,718
Equipment 1,393,128 1,358,237
Construction in progress 50,286 45,283
Property, Plant and Equipment, Gross 2,248,830 2,187,255
Less allowance for depreciation (1,341,740) (1,265,152)
Total Property, Plant and Equipment 907,090 922,103
Total Assets 4,244,391 4,053,918
Current Liabilities    
Accounts payable 390,171 361,287
Accrued expenses 40,539 46,408
Accrued workers compensation 32,218 33,022
Accrued marketing expenses 77,363 76,552
Employee related expenses 195,258 187,116
Taxes payable 8,137 9,339
Interest and dividends payable 34,500 37,489
Current maturities of long-term debt   350,000
Total Current Liabilities 778,186 1,101,213
Long-Term Debt - less current maturities 250,000  
Pension and Post-Retirement Benefits 473,688 454,998
Other Long-Term Liabilities 82,701 91,068
Shareholders' Investment    
Preferred stock, par value $.01 a share - authorized 160,000,000 shares; issued - none      
Accumulated other comprehensive loss (175,483) (175,910)
Retained earnings 2,824,331 2,568,774
Hormel Foods Corporation Shareholders' Investment 2,656,582 2,400,657
Noncontrolling Interest 3,234 5,982
Total Shareholders' Investment 2,659,816 2,406,639
Total Liabilities and Shareholders' Investment 4,244,391 4,053,918
Common stock, nonvoting
   
Shareholders' Investment    
Common stock      
Common stock
   
Shareholders' Investment    
Common stock $ 7,734 $ 7,793