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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Jan. 26, 2014
Oct. 27, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 639,844 $ 434,014
Accounts receivable 505,024 551,500
Inventories 924,500 967,977
Deferred income taxes 73,543 73,543
Prepaid expenses 13,888 13,000
Other current assets 10,034 7,379
TOTAL CURRENT ASSETS 2,166,833 2,047,413
DEFERRED INCOME TAXES 23,323 25,086
GOODWILL 962,102 934,472
OTHER INTANGIBLES 378,361 378,093
PENSION ASSETS 166,494 162,535
INVESTMENTS IN AND RECEIVABLES FROM AFFILIATES 258,128 270,609
OTHER ASSETS 144,408 142,339
PROPERTY, PLANT AND EQUIPMENT    
Land 61,516 58,506
Buildings 783,098 784,133
Equipment 1,546,306 1,532,527
Construction in progress 104,612 85,696
Property, Plant and Equipment, Gross 2,495,532 2,460,862
Less allowance for depreciation (1,528,011) (1,505,529)
Property, Plant and Equipment, Net 967,521 955,333
TOTAL ASSETS 5,067,170 4,915,880
CURRENT LIABILITIES    
Accounts payable 354,832 387,284
Accrued expenses 45,757 20,965
Accrued workers compensation 40,190 38,217
Accrued marketing expenses 117,563 91,332
Employee related expenses 142,902 192,063
Taxes payable 67,361 8,637
Interest and dividends payable 55,920 45,511
TOTAL CURRENT LIABILITIES 824,525 784,009
PENSION AND POST-RETIREMENT BENEFITS 483,449 481,230
LONG-TERM DEBT-less current maturities 250,000 250,000
OTHER LONG-TERM LIABILITIES 84,765 84,062
SHAREHOLDERS' INVESTMENT    
Preferred stock, par value $.01 a share-authorized 160,000,000 shares; issued-none      
Additional paid-in capital 7,794  
Accumulated other comprehensive loss (150,986) (149,214)
Retained earnings 3,553,213 3,452,529
HORMEL FOODS CORPORATION SHAREHOLDERS' INVESTMENT 3,417,754 3,311,040
NONCONTROLLING INTEREST 6,677 5,539
TOTAL SHAREHOLDERS' INVESTMENT 3,424,431 3,316,579
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT 5,067,170 4,915,880
Common stock, non-voting
   
SHAREHOLDERS' INVESTMENT    
Common stock      
Common stock
   
SHAREHOLDERS' INVESTMENT    
Common stock $ 7,733 $ 7,725