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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Apr. 27, 2014
Oct. 27, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 499,330 $ 434,014
Accounts receivable 515,161 551,500
Inventories 1,053,501 967,977
Income taxes receivable 14,603  
Deferred income taxes 71,749 73,543
Prepaid expenses 12,293 13,000
Other current assets 5,975 7,379
TOTAL CURRENT ASSETS 2,172,612 2,047,413
DEFERRED INCOME TAXES 17,912 25,086
GOODWILL 962,204 934,472
OTHER INTANGIBLES 376,058 378,093
PENSION ASSETS 170,351 162,535
INVESTMENTS IN AND RECEIVABLES FROM AFFILIATES 267,706 270,609
OTHER ASSETS 142,734 142,339
PROPERTY, PLANT AND EQUIPMENT    
Land 61,557 58,506
Buildings 786,815 784,133
Equipment 1,558,011 1,532,527
Construction in progress 120,427 85,696
Property, Plant and Equipment, Gross 2,526,810 2,460,862
Less allowance for depreciation (1,550,563) (1,505,529)
Property, Plant and Equipment, Net 976,247 955,333
TOTAL ASSETS 5,085,824 4,915,880
CURRENT LIABILITIES    
Accounts payable 339,354 387,284
Accrued expenses 43,385 20,965
Accrued workers compensation 39,207 38,217
Accrued marketing expenses 109,061 91,332
Employee related expenses 163,501 192,063
Taxes payable 4,067 8,637
Interest and dividends payable 53,419 45,511
TOTAL CURRENT LIABILITIES 751,994 784,009
PENSION AND POST-RETIREMENT BENEFITS 485,473 481,230
LONG-TERM DEBT-less current maturities 250,000 250,000
OTHER LONG-TERM LIABILITIES 85,213 84,062
SHAREHOLDERS' INVESTMENT    
Preferred stock, par value $.01 a share-authorized 160,000,000 shares; issued-none      
Additional paid-in capital 37  
Accumulated other comprehensive loss (142,318) (149,214)
Retained earnings 3,640,464 3,452,529
HORMEL FOODS CORPORATION SHAREHOLDERS' INVESTMENT 3,505,916 3,311,040
NONCONTROLLING INTEREST 7,228 5,539
TOTAL SHAREHOLDERS' INVESTMENT 3,513,144 3,316,579
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT 5,085,824 4,915,880
Common stock, non-voting
   
SHAREHOLDERS' INVESTMENT    
Common stock      
Common stock
   
SHAREHOLDERS' INVESTMENT    
Common stock $ 7,733 $ 7,725