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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Jan. 27, 2013
Oct. 28, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 887,677 $ 682,388
Short-term marketable securities   77,387
Accounts receivable 466,536 507,041
Inventories 953,682 950,521
Income taxes receivable   16,460
Deferred income taxes 70,402 68,560
Prepaid expenses 13,276 12,772
Other current assets 8,272 5,555
TOTAL CURRENT ASSETS 2,399,845 2,320,684
DEFERRED INCOME TAXES 141,233 144,245
GOODWILL 630,875 630,875
OTHER INTANGIBLES 120,882 123,072
PENSION ASSETS 49 49
INVESTMENTS IN AND RECEIVABLES FROM AFFILIATES 280,886 286,537
OTHER ASSETS 132,866 134,024
PROPERTY, PLANT AND EQUIPMENT    
Land 56,506 56,258
Buildings 771,628 767,876
Equipment 1,452,593 1,435,630
Construction in progress 75,422 82,254
Property, Plant and Equipment, Gross 2,356,149 2,342,018
Less allowance for depreciation (1,439,955) (1,417,538)
Property, Plant and Equipment, Net 916,194 924,480
TOTAL ASSETS 4,622,830 4,563,966
CURRENT LIABILITIES    
Accounts payable 324,367 385,877
Accrued expenses 58,027 49,792
Accrued workers compensation 35,623 33,543
Accrued marketing expenses 98,334 78,712
Employee related expenses 138,077 193,463
Taxes payable 35,082 4,864
Interest and dividends payable 47,876 40,049
TOTAL CURRENT LIABILITIES 737,386 786,300
PENSION AND POST-RETIREMENT BENEFITS 613,009 615,428
LONG-TERM DEBT-less current maturities 250,000 250,000
OTHER LONG-TERM LIABILITIES 88,483 87,313
SHAREHOLDERS' INVESTMENT    
Preferred stock, par value $.01 a share-authorized 160,000,000 shares; issued-none      
Additional paid-in capital 23,494  
Accumulated other comprehensive loss (324,458) (323,569)
Retained earnings 3,220,347 3,135,317
HORMEL FOODS CORPORATION SHAREHOLDERS' INVESTMENT 2,927,138 2,819,455
NONCONTROLLING INTEREST 6,814 5,470
TOTAL SHAREHOLDERS' INVESTMENT 2,933,952 2,824,925
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT 4,622,830 4,563,966
Common stock, non-voting
   
SHAREHOLDERS' INVESTMENT    
Common stock      
Common stock
   
SHAREHOLDERS' INVESTMENT    
Common stock $ 7,755 $ 7,707