Quarterly Financial Data (Unaudited)

12 Months Ended

Oct. 03, 2015

QUARTERLY FINANCIAL DATA (UNAUDITED)



			in millions, except per share data
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2015
Sales	$	10,817	$	9,979	$	10,071	$	10,506
Gross profit	956		989		986		986
Operating income	509		547		563		550
Net income	310		311		344		259
Net income attributable to Tyson	309		310		343		258

Net income per share attributable to Tyson:
Class A Basic	$	0.77	$	0.78	$	0.86	$	0.65
Class B Basic	$	0.71	$	0.71	$	0.78	$	0.59
Diluted	$	0.74	$	0.75	$	0.83	$	0.63
2014
Sales	$	8,761	$	9,032	$	9,682	$	10,105
Gross profit	685		651		637		712
Operating income	412		361		351		306
Net income	252		210		258		136
Net income attributable to Tyson	254		213		260		137

Net income per share attributable to Tyson:
Class A Basic (a)	$	0.76	$	0.64	$	0.75	$	0.37
Class B Basic	$	0.68	$	0.58	$	0.68	$	0.32
Diluted (a)	$	0.72	$	0.60	$	0.73	$	0.35

(a) The sum of the quarterly earnings per share amounts will not equal the total for the year due to the effects of rounding and dilution impact as a result of issuing Class A shares and tangible equity units in the fourth quarter of fiscal 2014.

First quarter fiscal 2015 net income included $19 million pretax expense related to merger and integration, $36 million pretax loss due to costs related to a legacy Hillshire Brands plant fire and a $26 million unrecognized tax benefit gain.

Second quarter fiscal 2015 net income included $14 million pretax expense related to merger and integration and $8 million pretax gain due to insurance proceeds (net of costs) related to a legacy Hillshire Brands plant fire.

Third quarter fiscal 2015 net income included $16 million pretax expense related to merger and integration, $11 million pretax gains due to insurance proceeds (net of costs) related to a legacy Hillshire Brands plant fire and $21 million pretax gains on sale of equity securities.

Fourth quarter fiscal 2015 net income included $8 million pretax expense related to merger and integration, $25 million pretax gains due to insurance proceeds related to a legacy Hillshire Brands plant fire, $169 million pretax China impairment charge, $59 million pretax impairment charges related to our Prepared Foods network optimization, $12 million pretax closure and impairment charges related to the Denison plant closure, $161 million pretax gain on the sale of the Mexico operation and $39 million pretax gain related to our accounting cycle resulting in a 53-week year in fiscal 2015.

Third quarter fiscal 2014 net income included $29 million of pretax expense related to the Hillshire Brands acquisition fees paid to third parties, $49 million of pretax expense related to the closure of three Prepared Foods facilities and a $40 million unrecognized tax benefit gain.

Fourth quarter fiscal 2014 net income included a $42 million pretax impairment and other costs related to the sale of our Brazil operation and Mexico's undistributed earnings tax, $119 million pretax expense related to the Hillshire Brands acquisition, integration and costs associated with our Prepared Foods improvement plan, $40 million pretax expense related to the Hillshire Brands post-closing results, purchase price accounting adjustments and ongoing costs related to a legacy Hillshire Brands plant fire, $27 million pretax expense related to the Hillshire Brands acquisition financing incremental interest cost and a $12 million unrecognized tax benefit gain.