Quarterly Financial Data (Unaudited)

12 Months Ended

Oct. 01, 2016

QUARTERLY FINANCIAL DATA (UNAUDITED)



			in millions, except per share data
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2016
Sales	$	9,152	$	9,170	$	9,403	$	9,156
Gross profit	1,201		1,183		1,224		1,089
Operating income	776		704		767		586
Net income	461		434		485		392
Net income attributable to Tyson	461		432		484		391

Net income per share attributable to Tyson:
Class A Basic	$	1.18	$	1.14	$	1.29	$	1.06
Class B Basic	$	1.09	$	1.02	$	1.17	$	0.96
Diluted	$	1.15	$	1.10	$	1.25	$	1.03
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

Second quarter fiscal 2016 net income included a $12 million recognition of previously unrecognized tax benefits.

Third quarter fiscal 2016 net income included a $15 million recognition of previously unrecognized tax benefits and audit settlement.

Fourth quarter fiscal 2016 net income included a $26 million recognition of previously unrecognized tax benefits.

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.