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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Jan. 29, 2012
Oct. 30, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 548,618 $ 463,130
Short-term marketable securities 76,383 76,077
Accounts receivable 422,505 461,110
Inventories 882,828 885,823
Income taxes receivable   24,423
Deferred income taxes 69,485 69,203
Prepaid expenses 12,952 10,048
Other current assets 8,960 8,417
TOTAL CURRENT ASSETS 2,021,731 1,998,231
DEFERRED INCOME TAXES 66,077 59,814
GOODWILL 630,875 630,884
OTHER INTANGIBLES 129,620 132,046
PENSION ASSETS 78,226 80,208
INVESTMENTS IN AND RECEIVABLES FROM AFFILIATES 292,901 295,698
OTHER ASSETS 142,582 140,420
PROPERTY, PLANT AND EQUIPMENT    
Land 56,231 56,273
Buildings 749,757 749,143
Equipment 1,401,244 1,393,128
Construction in progress 62,322 50,286
PROPERTY, PLANT AND EQUIPMENT, GROSS 2,269,554 2,248,830
Less allowance for depreciation (1,361,272) (1,341,740)
TOTAL PROPERTY, PLANT AND EQUIPMENT 908,282 907,090
TOTAL ASSETS 4,270,294 4,244,391
CURRENT LIABILITIES    
Accounts payable 308,721 390,171
Accrued expenses 69,177 40,539
Accrued workers compensation 32,897 32,218
Accrued marketing expenses 91,135 77,363
Employee related expenses 139,030 195,258
Taxes payable 40,875 8,137
Interest and dividends payable 42,751 34,500
TOTAL CURRENT LIABILITIES 724,586 778,186
PENSION AND POST-RETIREMENT BENEFITS 475,061 473,688
LONG-TERM DEBT-less current maturities 250,000 250,000
OTHER LONG-TERM LIABILITIES 81,541 82,701
SHAREHOLDERS' INVESTMENT    
Preferred stock, par value $.01 a share-authorized 160,000,000 shares; issued-none      
Accumulated other comprehensive loss (185,336) (175,483)
Retained earnings 2,912,503 2,824,331
HORMEL FOODS CORPORATION SHAREHOLDERS' INVESTMENT 2,734,898 2,656,582
NONCONTROLLING INTEREST 4,208 3,234
TOTAL SHAREHOLDERS' INVESTMENT 2,739,106 2,659,816
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT 4,270,294 4,244,391
Common stock, nonvoting
   
SHAREHOLDERS' INVESTMENT    
Common stock      
Common stock
   
SHAREHOLDERS' INVESTMENT    
Common stock $ 7,731 $ 7,734