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Condensed Consolidating Financial Statements (Tables) | 3 Months Ended
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Dec. 27, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Statement Of Income and Comprehensive Income |
Condensed Consolidating Statement of Income and Comprehensive Income for the three months ended December 27, 2014 |  | in millions |
| TFI Parent |  | TFM Parent |  | Non- Guarantors |  | Eliminations |  | Total
Sales | $ | 228 |  |  | $ | 5,809 |  |  | $ | 5,325 |  |  | $ | (545 | ) |  | $ | 10,817 |
Cost of Sales | 19 |  |  | 5,662 |  |  | 4,722 |  |  | (542 | ) |  | 9,861 |
Gross Profit | 209 |  |  | 147 |  |  | 603 |  |  | (3 | ) |  | 956 |
Selling, General and Administrative | 34 |  |  | 61 |  |  | 355 |  |  | (3 | ) |  | 447 |
Operating Income | 175 |  |  | 86 |  |  | 248 |  |  | — |  |  | 509 |
Other (Income) Expense: |  |  |  |  |  |  |  |  |
Interest expense, net | 69 |  |  | — |  |  | 6 |  |  | — |  |  | 75 |
Other, net | (1 | ) |  | — |  |  | — |  |  | — |  |  | (1 | )
Equity in net earnings of subsidiaries | (237 | ) |  | (38 | ) |  | — |  |  | 275 |  |  | — |
Total Other (Income) Expense | (169 | ) |  | (38 | ) |  | 6 |  |  | 275 |  |  | 74 |
Income (Loss) before Income Taxes | 344 |  |  | 124 |  |  | 242 |  |  | (275 | ) |  | 435 |
Income Tax (Benefit) Expense | 35 |  |  | 30 |  |  | 60 |  |  | — |  |  | 125 |
Net Income | 309 |  |  | 94 |  |  | 182 |  |  | (275 | ) |  | 310 |
Less: Net Income (Loss) Attributable to Noncontrolling Interest | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Net Income Attributable to Tyson | $ | 309 |  |  | $ | 94 |  |  | $ | 181 |  |  | $ | (275 | ) |  | $ | 309 |
Comprehensive Income (Loss) | 332 |  |  | 104 |  |  | 186 |  |  | (289 | ) |  | 333 |
Less: Comprehensive Income (Loss) Attributable to Noncontrolling Interest | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Comprehensive Income (Loss) Attributable to Tyson | $ | 332 |  |  | $ | 104 |  |  | $ | 185 |  |  | $ | (289 | ) |  | $ | 332 |
Condensed Consolidating Statement of Income and Comprehensive Income for the three months ended December 28, 2013 |  | in millions |
| TFI Parent |  | TFM Parent |  | Non- Guarantors |  | Eliminations |  | Total
Sales | $ | 167 |  |  | $ | 5,048 |  |  | $ | 3,987 |  |  | $ | (441 | ) |  | $ | 8,761 |
Cost of Sales | 17 |  |  | 4,826 |  |  | 3,674 |  |  | (441 | ) |  | 8,076 |
Gross Profit | 150 |  |  | 222 |  |  | 313 |  |  | — |  |  | 685 |
Selling, General and Administrative | 23 |  |  | 55 |  |  | 195 |  |  | — |  |  | 273 |
Operating Income | 127 |  |  | 167 |  |  | 118 |  |  | — |  |  | 412 |
Other (Income) Expense: |  |  |  |  |  |  |  |  |
Interest expense, net | 5 |  |  | 15 |  |  | 6 |  |  | — |  |  | 26 |
Other, net | 6 |  |  | (1 | ) |  | (2 | ) |  | — |  |  | 3 |
Equity in net earnings of subsidiaries | (175 | ) |  | (6 | ) |  | — |  |  | 181 |  |  | — |
Total Other (Income) Expense | (164 | ) |  | 8 |  |  | 4 |  |  | 181 |  |  | 29 |
Income (Loss) before Income Taxes | 291 |  |  | 159 |  |  | 114 |  |  | (181 | ) |  | 383 |
Income Tax (Benefit) Expense | 37 |  |  | 52 |  |  | 42 |  |  | — |  |  | 131 |
Net Income | 254 |  |  | 107 |  |  | 72 |  |  | (181 | ) |  | 252 |
Less: Net Income (Loss) Attributable to Noncontrolling Interest | — |  |  | — |  |  | (2 | ) |  | — |  |  | (2 | )
Net Income Attributable to Tyson | $ | 254 |  |  | $ | 107 |  |  | $ | 74 |  |  | $ | (181 | ) |  | $ | 254 |
Comprehensive Income (Loss) | 244 |  |  | 102 |  |  | 63 |  |  | (165 | ) |  | 244 |
Less: Comprehensive Income (Loss) Attributable to Noncontrolling Interest | — |  |  | — |  |  | (2 | ) |  | — |  |  | (2 | )
Comprehensive Income (Loss) Attributable to Tyson | $ | 244 |  |  | $ | 102 |  |  | $ | 65 |  |  | $ | (165 | ) |  | $ | 246 |
Condensed Consolidating Balance Sheet as of December 27, 2014 |  | in millions |
| TFI Parent |  | TFM Parent |  | Non- Guarantors |  | Eliminations |  | Total
Assets |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 12 |  |  | $ | 369 |  |  | $ | — |  |  | $ | 381 |
Accounts receivable, net | 1 |  |  | 724 |  |  | 1,052 |  |  | — |  |  | 1,777 |
Inventories | — |  |  | 1,312 |  |  | 1,880 |  |  | — |  |  | 3,192 |
Other current assets | 43 |  |  | 67 |  |  | 301 |  |  | (36 | ) |  | 375 |
Assets held for sale | 3 |  |  | — |  |  | 210 |  |  | — |  |  | 213 |
Total Current Assets | 47 |  |  | 2,115 |  |  | 3,812 |  |  | (36 | ) |  | 5,938 |
Net Property, Plant and Equipment | 28 |  |  | 948 |  |  | 4,235 |  |  | — |  |  | 5,211 |
Goodwill | — |  |  | 881 |  |  | 5,819 |  |  | — |  |  | 6,700 |
Intangible Assets, net | — |  |  | 14 |  |  | 5,232 |  |  | — |  |  | 5,246 |
Other Assets | 160 |  |  | 149 |  |  | 354 |  |  | — |  |  | 663 |
Investment in Subsidiaries | 21,153 |  |  | 2,092 |  |  | — |  |  | (23,245 | ) |  | — |
Total Assets | $ | 21,388 |  |  | $ | 6,199 |  |  | $ | 19,452 |  |  | $ | (23,281 | ) |  | $ | 23,758 |
Liabilities and Shareholders’ Equity |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Current debt | $ | 189 |  |  | $ | — |  |  | $ | 407 |  |  | $ | — |  |  | $ | 596 |
Accounts payable | 28 |  |  | 1,148 |  |  | 971 |  |  | — |  |  | 2,147 |
Other current liabilities | 5,414 |  |  | 163 |  |  | 859 |  |  | (5,279 | ) |  | 1,157 |
Liabilities held for sale | — |  |  | — |  |  | 54 |  |  | — |  |  | 54 |
Total Current Liabilities | 5,631 |  |  | 1,311 |  |  | 2,291 |  |  | (5,279 | ) |  | 3,954 |
Long-Term Debt | 6,441 |  |  | 2 |  |  | 488 |  |  | — |  |  | 6,931 |
Deferred Income Taxes | 17 |  |  | 101 |  |  | 2,355 |  |  | — |  |  | 2,473 |
Other Liabilities | 176 |  |  | 127 |  |  | 960 |  |  | — |  |  | 1,263 |
Total Tyson Shareholders’ Equity | 9,123 |  |  | 4,658 |  |  | 13,344 |  |  | (18,002 | ) |  | 9,123 |
Noncontrolling Interest | — |  |  | — |  |  | 14 |  |  | — |  |  | 14 |
Total Shareholders’ Equity | 9,123 |  |  | 4,658 |  |  | 13,358 |  |  | (18,002 | ) |  | 9,137 |
Total Liabilities and Shareholders’ Equity | $ | 21,388 |  |  | $ | 6,199 |  |  | $ | 19,452 |  |  | $ | (23,281 | ) |  | $ | 23,758 |
Condensed Consolidating Balance Sheet |
Condensed Consolidating Balance Sheet as of December 27, 2014 |  | in millions |
| TFI Parent |  | TFM Parent |  | Non- Guarantors |  | Eliminations |  | Total
Assets |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 12 |  |  | $ | 369 |  |  | $ | — |  |  | $ | 381 |
Accounts receivable, net | 1 |  |  | 724 |  |  | 1,052 |  |  | — |  |  | 1,777 |
Inventories | — |  |  | 1,312 |  |  | 1,880 |  |  | — |  |  | 3,192 |
Other current assets | 43 |  |  | 67 |  |  | 301 |  |  | (36 | ) |  | 375 |
Assets held for sale | 3 |  |  | — |  |  | 210 |  |  | — |  |  | 213 |
Total Current Assets | 47 |  |  | 2,115 |  |  | 3,812 |  |  | (36 | ) |  | 5,938 |
Net Property, Plant and Equipment | 28 |  |  | 948 |  |  | 4,235 |  |  | — |  |  | 5,211 |
Goodwill | — |  |  | 881 |  |  | 5,819 |  |  | — |  |  | 6,700 |
Intangible Assets, net | — |  |  | 14 |  |  | 5,232 |  |  | — |  |  | 5,246 |
Other Assets | 160 |  |  | 149 |  |  | 354 |  |  | — |  |  | 663 |
Investment in Subsidiaries | 21,153 |  |  | 2,092 |  |  | — |  |  | (23,245 | ) |  | — |
Total Assets | $ | 21,388 |  |  | $ | 6,199 |  |  | $ | 19,452 |  |  | $ | (23,281 | ) |  | $ | 23,758 |
Liabilities and Shareholders’ Equity |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Current debt | $ | 189 |  |  | $ | — |  |  | $ | 407 |  |  | $ | — |  |  | $ | 596 |
Accounts payable | 28 |  |  | 1,148 |  |  | 971 |  |  | — |  |  | 2,147 |
Other current liabilities | 5,414 |  |  | 163 |  |  | 859 |  |  | (5,279 | ) |  | 1,157 |
Liabilities held for sale | — |  |  | — |  |  | 54 |  |  | — |  |  | 54 |
Total Current Liabilities | 5,631 |  |  | 1,311 |  |  | 2,291 |  |  | (5,279 | ) |  | 3,954 |
Long-Term Debt | 6,441 |  |  | 2 |  |  | 488 |  |  | — |  |  | 6,931 |
Deferred Income Taxes | 17 |  |  | 101 |  |  | 2,355 |  |  | — |  |  | 2,473 |
Other Liabilities | 176 |  |  | 127 |  |  | 960 |  |  | — |  |  | 1,263 |
Total Tyson Shareholders’ Equity | 9,123 |  |  | 4,658 |  |  | 13,344 |  |  | (18,002 | ) |  | 9,123 |
Noncontrolling Interest | — |  |  | — |  |  | 14 |  |  | — |  |  | 14 |
Total Shareholders’ Equity | 9,123 |  |  | 4,658 |  |  | 13,358 |  |  | (18,002 | ) |  | 9,137 |
Total Liabilities and Shareholders’ Equity | $ | 21,388 |  |  | $ | 6,199 |  |  | $ | 19,452 |  |  | $ | (23,281 | ) |  | $ | 23,758 |
Condensed Consolidating Balance Sheet as of September 27, 2014 |  | in millions |
| TFI Parent |  | TFM Parent |  | Non- Guarantors |  | Eliminations |  | Total
Assets |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 41 |  |  | $ | 397 |  |  | $ | — |  |  | $ | 438 |
Accounts receivable, net | 3 |  |  | 665 |  |  | 1,016 |  |  | — |  |  | 1,684 |
Inventories | — |  |  | 1,272 |  |  | 2,002 |  |  | — |  |  | 3,274 |
Other current assets | 42 |  |  | 78 |  |  | 379 |  |  | (120 | ) |  | 379 |
Assets held for sale | 3 |  |  | — |  |  | 443 |  |  | — |  |  | 446 |
Total Current Assets | 48 |  |  | 2,056 |  |  | 4,237 |  |  | (120 | ) |  | 6,221 |
Net Property, Plant and Equipment | 30 |  |  | 932 |  |  | 4,168 |  |  | — |  |  | 5,130 |
Goodwill | — |  |  | 881 |  |  | 5,825 |  |  | — |  |  | 6,706 |
Intangible Assets, net | — |  |  | 15 |  |  | 5,261 |  |  | — |  |  | 5,276 |
Other Assets | 204 |  |  | 148 |  |  | 326 |  |  | (55 | ) |  | 623 |
Investment in Subsidiaries | 20,845 |  |  | 2,049 |  |  | — |  |  | (22,894 | ) |  | — |
Total Assets | $ | 21,127 |  |  | $ | 6,081 |  |  | $ | 19,817 |  |  | $ | (23,069 | ) |  | $ | 23,956 |
Liabilities and Shareholders’ Equity |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Current debt | $ | 240 |  |  | $ | — |  |  | $ | 403 |  |  | $ | — |  |  | $ | 643 |
Accounts payable | 35 |  |  | 755 |  |  | 1,016 |  |  | — |  |  | 1,806 |
Other current liabilities | 4,718 |  |  | 235 |  |  | 921 |  |  | (4,667 | ) |  | 1,207 |
Liabilities held for sale | — |  |  | — |  |  | 141 |  |  | — |  |  | 141 |
Total Current Liabilities | 4,993 |  |  | 990 |  |  | 2,481 |  |  | (4,667 | ) |  | 3,797 |
Long-Term Debt | 7,056 |  |  | 2 |  |  | 532 |  |  | (55 | ) |  | 7,535 |
Deferred Income Taxes | 21 |  |  | 96 |  |  | 2,333 |  |  | — |  |  | 2,450 |
Other Liabilities | 167 |  |  | 125 |  |  | 978 |  |  | — |  |  | 1,270 |
Total Tyson Shareholders’ Equity | 8,890 |  |  | 4,868 |  |  | 13,479 |  |  | (18,347 | ) |  | 8,890 |
Noncontrolling Interest | — |  |  | — |  |  | 14 |  |  | — |  |  | 14 |
Total Shareholders’ Equity | 8,890 |  |  | 4,868 |  |  | 13,493 |  |  | (18,347 | ) |  | 8,904 |
Total Liabilities and Shareholders’ Equity | $ | 21,127 |  |  | $ | 6,081 |  |  | $ | 19,817 |  |  | $ | (23,069 | ) |  | $ | 23,956 |
Condensed Consolidating Statement Of Cash Flows |
Condensed Consolidating Statement of Cash Flows for the three months ended December 27, 2014 |  | in millions |
| TFI Parent |  | TFM Parent |  | Non- Guarantors |  | Eliminations |  | Total
Cash Provided by (Used for) Operating Activities | $ | 55 |  |  | $ | 325 |  |  | $ | 432 |  |  | $ | — |  |  | $ | 812 |
Cash Flows from Investing Activities: |  |  |  |  |  |  |  |  |
Additions to property, plant and equipment | — |  |  | (40 | ) |  | (191 | ) |  | — |  |  | (231 | )
(Purchases of)/Proceeds from marketable securities, net | — |  |  | — |  |  | (3 | ) |  | — |  |  | (3 | )
Proceeds from sale of businesses | — |  |  | — |  |  | 142 |  |  | — |  |  | 142 |
Other, net | — |  |  | — |  |  | 3 |  |  | — |  |  | 3 |
Cash Provided by (Used for) Investing Activities | — |  |  | (40 | ) |  | (49 | ) |  | — |  |  | (89 | )
Cash Flows from Financing Activities: |  |  |  |  |  |  |  |  |
Net change in debt | (667 | ) |  | — |  |  | (1 | ) |  | — |  |  | (668 | )
Purchases of Tyson Class A common stock | (91 | ) |  | — |  |  | — |  |  | — |  |  | (91 | )
Dividends | (37 | ) |  | — |  |  | — |  |  | — |  |  | (37 | )
Stock options exercised | 16 |  |  | — |  |  | — |  |  | — |  |  | 16 |
Other, net | 5 |  |  | — |  |  | — |  |  | — |  |  | 5 |
Net change in intercompany balances | 719 |  |  | (314 | ) |  | (405 | ) |  | — |  |  | — |
Cash Provided by (Used for) Financing Activities | (55 | ) |  | (314 | ) |  | (406 | ) |  | — |  |  | (775 | )
Effect of Exchange Rate Change on Cash | — |  |  | — |  |  | (5 | ) |  | — |  |  | (5 | )
Increase (Decrease) in Cash and Cash Equivalents | — |  |  | (29 | ) |  | (28 | ) |  | — |  |  | (57 | )
Cash and Cash Equivalents at Beginning of Year | — |  |  | 41 |  |  | 397 |  |  | — |  |  | 438 |
Cash and Cash Equivalents at End of Period | $ | — |  |  | $ | 12 |  |  | $ | 369 |  |  | $ | — |  |  | $ | 381 |
Condensed Consolidating Statement of Cash Flows for the three months ended December 28, 2013 |  | in millions |
| TFI Parent |  | TFM Parent |  | Non- Guarantors |  | Eliminations |  | Total
Cash Provided by (Used for) Operating Activities | $ | (4 | ) |  | $ | 284 |  |  | $ | 81 |  |  | $ | — |  |  | $ | 361 |
Cash Flows from Investing Activities: |  |  |  |  |  |  |  |  |
Additions to property, plant and equipment | (1 | ) |  | (35 | ) |  | (104 | ) |  | — |  |  | (140 | )
(Purchases of)/Proceeds from marketable securities, net | — |  |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Other, net | — |  |  | 1 |  |  | (4 | ) |  | — |  |  | (3 | )
Cash Provided by (Used for) Investing Activities | (1 | ) |  | (34 | ) |  | (109 | ) |  | — |  |  | (144 | )
Cash Flows from Financing Activities: |  |  |  |  |  |  |  |  |
Net change in debt | (367 | ) |  | — |  |  | (6 | ) |  | — |  |  | (373 | )
Purchases of Tyson Class A common stock | (159 | ) |  | — |  |  | — |  |  | — |  |  | (159 | )
Dividends | (25 | ) |  | — |  |  | — |  |  | — |  |  | (25 | )
Stock options exercised | 12 |  |  | — |  |  | — |  |  | — |  |  | 12 |
Other, net | 5 |  |  | — |  |  | — |  |  | — |  |  | 5 |
Net change in intercompany balances | 539 |  |  | (261 | ) |  | (278 | ) |  | — |  |  | — |
Cash Provided by (Used for) Financing Activities | 5 |  |  | (261 | ) |  | (284 | ) |  | — |  |  | (540 | )
Effect of Exchange Rate Change on Cash | — |  |  | — |  |  | 3 |  |  | — |  |  | 3 |
Increase (Decrease) in Cash and Cash Equivalents | — |  |  | (11 | ) |  | (309 | ) |  | — |  |  | (320 | )
Cash and Cash Equivalents at Beginning of Year | — |  |  | 21 |  |  | 1,124 |  |  | — |  |  | 1,145 |
Cash and Cash Equivalents at End of Period | $ | — |  |  | $ | 10 |  |  | $ | 815 |  |  | $ | — |  |  | $ | 825 |

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