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Earnings Per Share (Tables)
3 Months Ended
Dec. 31, 2016
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 31, 2016
 
January 2, 2016
Numerator:
 
 
 
Net income
$
594

 
$
461

Less: Net income attributable to noncontrolling interests
1

 

Net income attributable to Tyson
593

 
461

Less dividends declared:
 
 
 
Class A
86

 
58

Class B
19

 
13

Undistributed earnings
$
488

 
$
390

 
 
 
 
Class A undistributed earnings
$
403

 
$
327

Class B undistributed earnings
85

 
63

Total undistributed earnings
$
488

 
$
390

Denominator:
 
 
 
Denominator for basic earnings per share:
 
 
 
Class A weighted average shares
297

 
325

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, restricted stock and performance units
6

 
5

Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions
373

 
400

 
 
 
 
Net income per share attributable to Tyson:
 
 
 
Class A basic
$
1.64

 
$
1.18

Class B basic
$
1.49

 
$
1.09

Diluted
$
1.59

 
$
1.15