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Earnings Per Share (Tables)
6 Months Ended
Apr. 01, 2017
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
 
Six Months Ended
 
April 1, 2017
 
April 2, 2016
 
April 1, 2017
 
April 2, 2016
Numerator:
 
 
 
 
 
 
 
Net income
$
341

 
$
434

 
$
935

 
$
895

Less: Net income attributable to noncontrolling interests
1

 
2

 
2

 
2

Net income attributable to Tyson
340

 
432

 
933

 
893

Less dividends declared:
 
 
 
 
 
 
 
Class A
65

 
46

 
151

 
104

Class B
14

 
9

 
33

 
22

Undistributed earnings
$
261

 
$
377

 
$
749

 
$
767

 
 
 
 
 
 
 
 
Class A undistributed earnings
$
215

 
$
314

 
$
618

 
$
641

Class B undistributed earnings
46

 
63

 
131

 
126

Total undistributed earnings
$
261

 
$
377

 
$
749

 
$
767

Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per share:
 
 
 
 
 
 
 
Class A weighted average shares
295

 
318

 
296

 
321

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

 
70

 
70

 
70

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options, restricted stock and performance units
5

 
5

 
5

 
5

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

 
393

 
371

 
396

 
 
 
 
 
 
 
 
Net income per share attributable to Tyson:
 
 
 
 
 
 
 
Class A basic
$
0.95

 
$
1.14

 
$
2.59

 
$
2.32

Class B basic
$
0.86

 
$
1.02

 
$
2.35

 
$
2.11

Diluted
$
0.92

 
$
1.10

 
$
2.51

 
$
2.25