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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Jan. 24, 2016
Oct. 25, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 375,215 $ 347,239
Accounts receivable 554,738 605,689
Inventories 994,826 993,265
Income taxes receivable   6,132
Deferred income taxes   86,902
Prepaid expenses 13,820 14,383
Other current assets 7,484 9,422
TOTAL CURRENT ASSETS 1,946,083 2,063,032
DEFERRED INCOME TAXES 20,992  
GOODWILL 1,699,361 1,699,484
OTHER INTANGIBLES 825,069 827,219
PENSION ASSETS 136,917 132,861
INVESTMENTS IN AND RECEIVABLES FROM AFFILIATES 253,589 258,998
OTHER ASSETS 144,875 146,498
PROPERTY, PLANT AND EQUIPMENT    
Land 70,860 71,192
Buildings 817,691 815,643
Equipment 1,690,232 1,679,100
Construction in progress 94,682 79,964
Property, Plant and Equipment, Gross 2,673,465 2,645,899
Less allowance for depreciation (1,659,462) (1,634,160)
Property, Plant and Equipment, Net 1,014,003 1,011,739
TOTAL ASSETS 6,040,889 6,139,831
CURRENT LIABILITIES    
Accounts payable 411,031 495,317
Short-term debt   185,000
Accrued expenses 84,262 71,777
Accrued workers compensation 37,683 37,009
Accrued marketing expenses 153,248 119,153
Employee related expenses 164,288 232,309
Taxes payable 89,859 6,764
Interest and dividends payable 79,727 66,696
TOTAL CURRENT LIABILITIES 1,020,098 1,214,025
LONG-TERM DEBT--less current maturities 250,000 250,000
PENSION AND POST-RETIREMENT BENEFITS 511,615 509,261
OTHER LONG-TERM LIABILITIES $ 95,663 101,056
DEFERRED INCOME TAXES   $ 64,096
SHAREHOLDERS' INVESTMENT    
Preferred stock, par value $.01 a share - authorized 160,000,000 shares; issued - none
Additional Paid in Capital $ 5,676  
Accumulated other comprehensive loss (227,739) $ (225,668)
Retained earnings 4,374,596 4,216,125
HORMEL FOODS CORPORATION SHAREHOLDERS' INVESTMENT 4,160,288 3,998,198
NONCONTROLLING INTEREST 3,225 3,195
TOTAL SHAREHOLDERS' INVESTMENT 4,163,513 4,001,393
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT $ 6,040,889 $ 6,139,831
Common stock, non-voting    
SHAREHOLDERS' INVESTMENT    
Common stock
Common Stock    
SHAREHOLDERS' INVESTMENT    
Common stock $ 7,755 $ 7,741