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Derivative Financial Instruments (Tables)
3 Months Ended
Jan. 02, 2016
Derivative [Line Items]  
Schedule Of Notional Amount Of Derivatives
 
Metric
 
January 2, 2016
 
October 3, 2015
Commodity:
 
 
 
 
 
Corn
Bushels
 
37

 
18

Soy meal
Tons
 
392,300

 
284,900

Live cattle
Pounds
 
106

 
102

Lean hogs
Pounds
 
87

 
166

Foreign currency
United States dollar
 
$
27

 
$
42

Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member]  
Derivative [Line Items]  
Derivative Instruments, Gain (Loss) [Table Text Block]
The following table sets forth the pretax impact of cash flow hedge derivative instruments on the Consolidated Condensed Statements of Income (in millions):
 
Gain (Loss)
Recognized in OCI
On Derivatives
 
 
Consolidated Condensed
Statements of Income
Classification
 
Gain (Loss)
Reclassified from
OCI to Earnings
 
 
Three Months Ended
 
 
 
Three Months Ended
 
January 2, 2016
 
December 27, 2014
 
 
 
January 2, 2016
 
December 27, 2014
Cash flow hedge – derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
Commodity contracts
$
(2
)
 
$

 
Cost of sales
 
$
(1
)
 
$
(3
)
Foreign exchange contracts

 

 
Other income/expense
 

 

Total
$
(2
)
 
$

 
 
 
$
(1
)
 
$
(3
)
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]  
Derivative [Line Items]  
Derivative Instruments, Gain (Loss) [Table Text Block]
 
 
 
in millions
 
 
Consolidated Condensed
Statements of Income
Classification
 
Three Months Ended
 
 
January 2, 2016
 
December 27, 2014
Gain (Loss) on forwards
Cost of sales
 
$
33

 
$
(40
)
Gain (Loss) on purchase contract
Cost of sales
 
(33
)
 
40

Not Designated as Hedging Instrument [Member]  
Derivative [Line Items]  
Derivative Instruments, Gain (Loss) [Table Text Block]
(in millions):
 
Consolidated Condensed
Statements of Income
Classification
 
Gain (Loss)
Recognized in Earnings
 
 
 
 
Three Months Ended
 
 
 
January 2, 2016
 
December 27, 2014
Derivatives not designated as hedging instruments:
 
 
 
 
 
Commodity contracts
Sales
 
$
9

 
$
(1
)
Commodity contracts
Cost of sales
 
(15
)
 
(26
)
Foreign exchange contracts
Other income/expense
 

 
(2
)
Total
 
 
$
(6
)
 
$
(29
)