XML 52 R32.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings Per Share (Tables)
3 Months Ended
Dec. 27, 2014
Earnings Per Share [Abstract]  
Schedule Of Earnings Per Share, Basic And Diluted
The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share data): 
 
Three Months Ended
 
December 27, 2014
 
December 28, 2013
Numerator:
 
 
 
Net Income
$
310

 
$
252

Less: Net income (loss) attributable to noncontrolling interests
1

 
(2
)
Net income attributable to Tyson
309

 
254

Less dividends declared:
 
 
 
Class A
38

 
28

Class B
8

 
6

Undistributed earnings
$
263

 
$
220

 
 
 
 
Class A undistributed earnings
$
221

 
$
179

Class B undistributed earnings
42

 
41

Total undistributed earnings
$
263

 
$
220

Denominator:
 
 
 
Denominator for basic earnings per share:
 
 
 
Class A weighted average shares
336

 
271

Class B weighted average shares, and shares under the if-converted method for diluted earnings per share
70

 
70

Effect of dilutive securities:
 
 
 
Stock options and restricted stock
5

 
5

Tangible Equity Units
5

 

Warrants

 
8

Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions
416

 
354

 
 
 
 
Net Income Per Share Attributable to Tyson:
 
 
 
Class A Basic
$
0.77

 
$
0.76

Class B Basic
$
0.71

 
$
0.68

Diluted
$
0.74

 
$
0.72