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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Jul. 27, 2014
Oct. 27, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 530,977 $ 434,014
Accounts receivable 536,505 551,500
Inventories 1,076,892 967,977
Income taxes receivable 6,622  
Deferred income taxes 71,741 73,543
Prepaid expenses 13,140 13,000
Other current assets 9,164 7,379
TOTAL CURRENT ASSETS 2,245,041 2,047,413
DEFERRED INCOME TAXES 22,812 25,086
GOODWILL 962,577 934,472
OTHER INTANGIBLES 373,716 378,093
PENSION ASSETS 199,770 162,535
INVESTMENTS IN AND RECEIVABLES FROM AFFILIATES 263,136 270,609
OTHER ASSETS 143,231 142,339
PROPERTY, PLANT AND EQUIPMENT    
Land 61,564 58,506
Buildings 789,425 784,133
Equipment 1,564,491 1,532,527
Construction in progress 122,528 85,696
Property, Plant and Equipment, Gross 2,538,008 2,460,862
Less allowance for depreciation (1,559,858) (1,505,529)
Property, Plant and Equipment, Net 978,150 955,333
TOTAL ASSETS 5,188,433 4,915,880
CURRENT LIABILITIES    
Accounts payable 358,016 387,284
Accrued expenses 45,211 20,965
Accrued workers compensation 38,361 38,217
Accrued marketing expenses 99,598 91,332
Employee related expenses 183,431 192,063
Taxes payable 4,464 8,637
Interest and dividends payable 56,018 45,511
TOTAL CURRENT LIABILITIES 785,099 784,009
PENSION AND POST-RETIREMENT BENEFITS 487,375 481,230
LONG-TERM DEBT-less current maturities 250,000 250,000
OTHER LONG-TERM LIABILITIES 86,379 84,062
SHAREHOLDERS' INVESTMENT    
Preferred stock, par value $.01 a share-authorized 160,000,000 shares; issued-none      
Accumulated other comprehensive loss (151,771) (149,214)
Retained earnings 3,715,339 3,452,529
HORMEL FOODS CORPORATION SHAREHOLDERS' INVESTMENT 3,571,303 3,311,040
NONCONTROLLING INTEREST 8,277 5,539
TOTAL SHAREHOLDERS' INVESTMENT 3,579,580 3,316,579
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT 5,188,433 4,915,880
Common stock, non-voting
   
SHAREHOLDERS' INVESTMENT    
Common stock      
Common stock
   
SHAREHOLDERS' INVESTMENT    
Common stock $ 7,735 $ 7,725