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Derivative Financial Instruments (Tables)
 9 Months Ended
Jul. 02, 2016
Derivative [Line Items]  
Schedule Of Notional Amount Of Derivatives
 
Metric
 
July 2, 2016
 
October 3, 2015
Commodity:
 
 
 
 
 
Corn
Bushels
 
109

 
18

Soy meal
Tons
 
418,000

 
284,900

Live cattle
Pounds
 
43

 
102

Lean hogs
Pounds
 
305

 
166

Foreign currency
United States dollar
 
$
43

 
$
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
 
July 2, 2016
 
June 27, 2015
 
 
 
July 2, 2016
 
June 27, 2015
Cash flow hedge – derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
Commodity contracts
$
2

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

 
—

 
Other income/expense
 
—

 
—

Total
$
2

 
$
(1
)
 
 
 
$
(1
)
 
$
(1
)
 
 
 
 
 
 
 
 
 
 
 
Gain (Loss)
Recognized in OCI
On Derivatives
 
 
Consolidated Condensed
Statements of Income
Classification
 
Gain (Loss)
Reclassified from
OCI to Earnings
 
 
Nine Months Ended
 
 
 
Nine Months Ended
 
July 2, 2016
 
June 27, 2015
 
 
 
July 2, 2016
 
June 27, 2015
Cash flow hedge – derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
Commodity contracts
$
—

 
$
(3
)
 
Cost of sales
 
$
(3
)
 
$
(5
)
Foreign exchange contracts
—

 
—

 
Other income/expense
 
—

 
—

Total
$
—

 
$
(3
)
 
 
 
$
(3
)
 
$
(5
)
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
 
Nine Months Ended
 
 
July 2, 2016
 
June 27, 2015
 
July 2, 2016
 
June 27, 2015
Gain (Loss) on forwards
Cost of sales
 
$
19

 
$
9

 
$
58

 
$
1

Gain (Loss) on purchase contract
Cost of sales
 
(19
)
 
(9
)
 
(58
)
 
(1
)
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
 
 
Gain (Loss)
Recognized in Earnings
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
July 2, 2016
 
June 27, 2015
 
July 2, 2016
 
June 27, 2015
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
 
 
Commodity contracts
Sales
 
$
(20
)
 
$
(2
)
 
$
(27
)
 
$
(10
)
Commodity contracts
Cost of sales
 
44

 
—

 
36

 
(34
)
Foreign exchange contracts
Other income/expense
 
—

 
1

 
1

 
(3
)
Total
 
 
$
24

 
$
(1
)
 
$
10

 
$
(47
)