SEGMENT REPORTING (Tables)

12 Months Ended

Oct. 30, 2011

SEGMENT REPORTING

Schedule of operating profit and other financial information

(in thousands)	2011			2010			2009
Sales to Unaffiliated
Customers
Grocery Products	$	1,064,558		$	1,040,455		$	924,682
Refrigerated Foods	4,189,224			3,818,788			3,436,242
Jennie-O Turkey Store	1,467,222			1,310,412			1,227,709
Specialty Foods	835,584			782,958			708,730
All Other	338,501			268,106			236,308
Total	$	7,895,089		$	7,220,719		$	6,533,671
Intersegment Sales
Grocery Products	$	-		$	-		$	-
Refrigerated Foods	14,101			9,152			7,236
Jennie-O Turkey Store	124,868			111,262			97,064
Specialty Foods	127			118			172
All Other	-			-			-
Total	139,096			120,532			104,472
Intersegment elimination	(139,096		)	(120,532		)	(104,472		)
Total	$	-		$	-		$	-
Net Sales
Grocery Products	$	1,064,558		$	1,040,455		$	924,682
Refrigerated Foods	4,203,325			3,827,940			3,443,478
Jennie-O Turkey Store	1,592,090			1,421,674			1,324,773
Specialty Foods	835,711			783,076			708,902
All Other	338,501			268,106			236,308
Intersegment elimination	(139,096		)	(120,532		)	(104,472		)
Total	$	7,895,089		$	7,220,719		$	6,533,671
Segment Operating Profit
Grocery Products	$	162,556		$	155,922		$	162,531
Refrigerated Foods	292,624			276,315			226,171
Jennie-O Turkey Store	204,940			143,644			86,909
Specialty Foods	76,905			80,727			68,484
All Other	36,250			26,126			27,631
Total segment operating profit	$	773,275		$	682,734		$	571,726
Net interest and investment expense (income)	23,448			22,024			8,432
General corporate expense	35,992			40,348			38,312
Noncontrolling interest	5,001			4,189			3,165
Earnings before income taxes	$	718,836		$	624,551		$	528,147

(in thousands)	2011		2010		2009
Assets
Grocery Products	$	670,398	$	591,082	$	445,340
Refrigerated Foods	1,177,588		1,173,540		1,098,133
Jennie-O Turkey Store	805,459		760,566		728,049
Specialty Foods	475,289		432,820		449,558
All Other	196,957		178,642		163,611
Corporate	918,700		917,268		807,364
Total	$	4,244,391	$	4,053,918	$	3,692,055
Additions to Property, Plant   and Equipment
Grocery Products	$	10,910	$	27,018	$	51,438
Refrigerated Foods	45,244		38,417		28,303
Jennie-O Turkey Store	29,507		15,986		11,247
Specialty Foods	3,470		1,807		2,922
All Other	1,145		788		732
Corporate	6,635		5,807		2,319
Total	$	96,911	$	89,823	$	96,961
Depreciation and   Amortization
Grocery Products	$	15,597	$	15,084	$	15,232
Refrigerated Foods	65,689		64,051		62,317
Jennie-O Turkey Store	25,379		26,898		27,280
Specialty Foods	9,817		11,831		14,082
All Other	1,387		1,305		1,204
Corporate	6,296		6,422		7,023
Total	$	124,165	$	125,591	$	127,138

Schedule of percentages of total revenues contributed by classes of similar products

	Fiscal Year Ended
	October 30,	October 31,	October 25,
	2011	2010	2009
Perishable meat	55.1%	54.3%	53.9%
Poultry	19.1	18.7	19.3
Shelf-stable	16.8	17.5	17.3
Other	9.0	9.5	9.5
	100.0%	100.0%	100.0%

Schedule of revenues attributable to U.S. and all foreign countries

	Fiscal Year Ended
	October 30,	October 31,	October 25,
(in thousands)	2011	2010	2009
United States	$7,431,798	$6,874,150	$6,198,818
Foreign	463,291	346,569	334,853
	$7,895,089	$7,220,719	$6,533,671