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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Oct. 28, 2012
Oct. 30, 2011
Current Assets    
Cash and cash equivalents $ 682,388 $ 463,130
Short-term marketable securities 77,387 76,077
Accounts receivable (net of allowance for doubtful accounts of $4,000 at October 28, 2012 and $4,000 at October 30, 2011) 507,041 461,110
Inventories 950,521 885,823
Income taxes receivable 16,460 24,423
Deferred income taxes 68,560 69,203
Prepaid expenses 12,772 10,048
Other current assets 5,555 8,417
Total Current Assets 2,320,684 1,998,231
Deferred Income Taxes 144,245 59,814
Goodwill 630,875 630,884
Other Intangibles 123,072 132,046
Pension Assets 49 80,208
Investments in and Receivables from Affiliates 286,537 295,698
Other Assets 134,024 140,420
Property, Plant and Equipment    
Land 56,258 56,273
Buildings 767,876 749,143
Equipment 1,435,630 1,393,128
Construction in progress 82,254 50,286
Property, Plant and Equipment, Gross 2,342,018 2,248,830
Less allowance for depreciation (1,417,538) (1,341,740)
Property, Plant and Equipment, Net 924,480 907,090
Total Assets 4,563,966 4,244,391
Current Liabilities    
Accounts payable 385,877 390,171
Accrued expenses 49,792 40,539
Accrued workers compensation 33,543 32,218
Accrued marketing expenses 78,712 77,363
Employee related expenses 193,463 195,258
Taxes payable 4,864 8,137
Interest and dividends payable 40,049 34,500
Total Current Liabilities 786,300 778,186
Long-Term Debt - less current maturities 250,000 250,000
Pension and Post-Retirement Benefits 615,428 473,688
Other Long-Term Liabilities 87,313 82,701
Shareholders' Investment    
Preferred stock, par value $.01 a share - authorized 160,000,000 shares; issued - none      
Accumulated other comprehensive loss (323,569) (175,483)
Retained earnings 3,135,317 2,824,331
Hormel Foods Corporation Shareholders' Investment 2,819,455 2,656,582
Noncontrolling interest 5,470 3,234
Total Shareholders' Investment 2,824,925 2,659,816
Total Liabilities and Shareholders' Investment 4,563,966 4,244,391
Common stock, nonvoting
   
Shareholders' Investment    
Common stock 0  
Common stock
   
Shareholders' Investment    
Common stock $ 7,707 $ 7,734