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Derivative Financial Instruments (Tables)
 3 Months Ended
Dec. 31, 2016
Derivative [Line Items]  
Schedule Of Notional Amount Of Derivatives
 
Metric
 
December 31, 2016
 
October 1, 2016
Commodity:
 
 
 
 
 
Corn
Bushels
 
52

 
50

Soy meal
Tons
 
334,300

 
389,700

Live cattle
Pounds
 
54

 
28

Lean hogs
Pounds
 
204

 
158

Foreign currency
United States dollar
 
$
52

 
$
38
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
 
December 31, 2016
 
January 2, 2016
 
 
 
December 31, 2016
 
January 2, 2016
Cash flow hedge – derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
Commodity contracts
$
1

 
$
(2
)
 
Cost of sales
 
$
(4
)
 
$
(1
)
Foreign exchange contracts
—

 
—

 
Other income/expense
 
—

 
—

Total
$
1

 
$
(2
)
 
 
 
$
(4
)
 
$
(1
)
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]  
Derivative [Line Items]  
Derivative Instruments, Gain (Loss) [Table Text Block]
 
 
 
 
 
Consolidated Condensed
Statements of Income
Classification
 
Three Months Ended
 
 
December 31, 2016
 
January 2, 2016
Gain (Loss) on forwards
Cost of sales
 
$
28

 
$
33

Gain (Loss) on purchase contract
Cost of sales
 
(28
)
 
(33
)
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
 
 
 
December 31, 2016
 
January 2, 2016
Derivatives not designated as hedging instruments:
 
 
 
 
 
Commodity contracts
Sales
 
$
51

 
$
9

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

 
—

Total
 
 
$
50

 
$
(6
)