Earnings Per Share (Tables)

12 Months Ended

Oct. 03, 2015

The earnings and weighted average common shares used in the computation of basic and diluted earnings per share are as follows:



	in millions, except per share data
	2015		2014			2013
Numerator:
Income from continuing operations	$	1,224	$	856		$	848
Less: Net income (loss) attributable to noncontrolling interests	4		(8		)	—
Net income from continuing operations attributable to Tyson	1,220		864			848
Less dividends declared:
Class A	129		94			87
Class B	26		21			19
Undistributed earnings	$	1,065	$	749		$	742

Class A undistributed earnings	$	896	$	612		$	606
Class B undistributed earnings	169		137			136
Total undistributed earnings	$	1,065	$	749		$	742

Denominator:
Denominator for basic earnings per share:
Class A weighted average shares	335		284			282
Class B weighted average shares, and shares under if-converted method for diluted earnings per share	70		70			70
Effect of dilutive securities:
Stock options and restricted stock	5		5			5
Tangible Equity Units	3		1			—
Convertible 2013 Notes	—		—			7
Warrants	—		4			3
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions	413		364			367

Net Income Per Share from Continuing Operations Attributable to Tyson:
Class A Basic	$	3.06	$	2.48		$	2.46
Class B Basic	$	2.79	$	2.26		$	2.22
Diluted	$	2.95	$	2.37		$	2.31

Net Income Per Share Attributable to Tyson:
Class A Basic	$	3.06	$	2.48		$	2.26
Class B Basic	$	2.79	$	2.26		$	2.04
Diluted	$	2.95	$	2.37		$	2.12