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Earnings Per Share (Tables)
12 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule Of Earnings Per Share, Basic And Diluted
The earnings and weighted average common shares used in the computation of basic and diluted earnings per share are as follows:
 
in millions, except per share data
 
 
2017

 
2016

 
2015

Numerator:
 
 
 
 
 
Net income
$
1,778

 
$
1,772

 
$
1,224

Less: Net income (loss) attributable to noncontrolling interests
4

 
4

 
4

Net income attributable to Tyson
1,774

 
1,768

 
1,220

Less dividends declared:
 
 
 
 
 
Class A
285

 
192

 
129

Class B
61

 
41

 
26

Undistributed earnings
$
1,428

 
$
1,535

 
$
1,065

 
 
 
 
 
 
Class A undistributed earnings
$
1,177

 
$
1,279

 
$
896

Class B undistributed earnings
251

 
256

 
169

Total undistributed earnings
$
1,428

 
$
1,535

 
$
1,065

 
 
 
 
 
 
Denominator:
 
 
 
 
 
Denominator for basic earnings per share:
 
 
 
 
 
Class A weighted average shares
296

 
315

 
335

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

 
70

 
70

Effect of dilutive securities:
 
 
 
 
 
Stock options and restricted stock
4

 
5

 
5

Tangible Equity Units

 

 
3

Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions
370

 
390

 
413

 
 
 
 
 
 
Net Income Per Share Attributable to Tyson:
 
 
 
 
 
Class A Basic
$
4.94

 
$
4.67

 
$
3.06

Class B Basic
$
4.45

 
$
4.24

 
$
2.79

Diluted
$
4.79

 
$
4.53

 
$
2.95