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Restructuring and Related Charges (Tables)

12 Months Ended

Sep. 29, 2018

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs [Table Text Block]

The following table reflects the pretax impact of restructuring and related charges incurred in fiscal 2017 and 2018, the estimated charges in future years (primarily in fiscal 2019) and the total estimated program charges, by our reportable segments:

										in millions
	2017 charges			2018 charges			Estimated future charges			Total estimated Financial Fitness Program charges
Beef	$	8		$	4		$	6		$	18
Pork	3			1			3			7
Chicken	56			30			16			102
Prepared Foods	82			24			19			125
Other	1			—			—			1
Total restructuring and related charges, pretax	$	150		$	59		$	44		$	253

The following table reflects the pretax impact of restructuring and related charges in the Consolidated Statements of Income:

in millions
	2018			2017
Cost of Sales	$	—		$	35
Selling, General and Administrative expenses	59			115
Total restructuring and related charges, pretax	$	59		$	150

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

The following table reflects our liability related to restructuring which was recognized in other current liabilities in our Consolidated Balance Sheet as of September 29, 2018:

in millions
	Liability as of September 30, 2017			Restructuring charges			Payments			Other			Liability as of September 29, 2018
Severance and employee related costs	$	47		$	—		$	37		$	—		$	10
Contract termination	22			—			21			1			—
Total	$	69		$	—		$	58		$	1		$	10

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- References

No definition available.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
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-Name Accounting Standards Codification
-Topic 420
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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4(b)(2))
-URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

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