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Acquisitions and Dispositions (Tables)

12 Months Ended

Sep. 27, 2014

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the acquisition date. Certain estimated values for the acquisition, including goodwill, intangible assets, plant property and equipment, and deferred taxes, are not yet finalized and the preliminary purchase price allocations are subject to change as we complete our analysis of the fair value at the date of acquisition.



	in millions
Cash and cash equivalents		$	72
Accounts receivable		236
Inventories		421
Other current assets		344
Property, Plant and Equipment		1,306
Goodwill		4,804
Intangible Assets		5,141
Other Assets		45
Accounts payable		(347		)
Other current liabilities		(324		)
Long-Term Debt		(868		)
Deferred Income Taxes		(2,069		)
Other Liabilities		(517		)
Net asset acquired		$	8,244

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The fair value of identifiable intangible assets is as follows:



			in millions
Intangible Asset Category	Type	Life in Years	Fair Value
Brands & trademarks	Non-amortizable	Indefinite	$	4,062
Brands & trademarks	Amortizable	20 years	532
Customer relationships	Amortizable	Weighted average life of 16 years	541
Non-compete agreements	Amortizable	1 year	6
Total identifiable intangible assets			$	5,141

Schedule of Indefinite-lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The fair value of identifiable intangible assets is as follows:



			in millions
Intangible Asset Category	Type	Life in Years	Fair Value
Brands & trademarks	Non-amortizable	Indefinite	$	4,062
Brands & trademarks	Amortizable	20 years	532
Customer relationships	Amortizable	Weighted average life of 16 years	541
Non-compete agreements	Amortizable	1 year	6
Total identifiable intangible assets			$	5,141

Business Acquisition, Pro Forma Information [Table Text Block]

These pro forma results have been prepared for comparative purposes only and are not necessarily indicative of the results of operations as they would have been had the acquisitions occurred on the assumed dates, nor is it necessarily an indication of future operating results.



	in millions (unaudited)
	2014		2013
Pro forma sales	$	41,311	$	38,195
Pro forma net income from continuing operations attributable to Tyson	1,047		655
Pro forma net income per diluted share from continuing operations attributable to Tyson	$	2.50	$	1.52

Summary of Net Assets and Liabilities Held for Sale

The following table summarizes the net assets and liabilities held for sale:



	in millions
	2014
Assets held for sale:
Accounts receivable, net	$	74
Inventories	141
Other current assets	72
Net property, plant and equipment	132
Goodwill	16
Other assets	11
Total assets held for sale	$	446
Liabilities held for sale:
Current debt	$	32
Accounts payable	61
Other current liabilities	27
Long-term debt	9
Deferred income taxes	12
Total liabilities held for sale	$	141



						in millions
	2014		2013			2012
Sales	$	—	$	108		$	223

Pretax loss	—		(68		)	(38		)
Income tax expense	—		2			—
Loss from discontinued operation, net of tax	$	—	$	(70	)	$	(38	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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