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Earnings Per Share (Tables)
12 Months Ended
Sep. 29, 2018
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
 
 
2018

 
2017

 
2016

Numerator:
 
 
 
 
 
Net income
$
3,027

 
$
1,778

 
$
1,772

Less: Net income (loss) attributable to noncontrolling interests
3

 
4

 
4

Net income attributable to Tyson
3,024

 
1,774

 
1,768

Less dividends declared:
 
 
 
 
 
Class A
378

 
285

 
192

Class B
80

 
61

 
41

Undistributed earnings
$
2,566

 
$
1,428

 
$
1,535

 
 
 
 
 
 
Class A undistributed earnings
$
2,115

 
$
1,177

 
$
1,279

Class B undistributed earnings
451

 
251

 
256

Total undistributed earnings
$
2,566

 
$
1,428

 
$
1,535

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

 
296

 
315

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

 
4

 
5

Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions
369

 
370

 
390

 
 
 
 
 
 
Net Income Per Share Attributable to Tyson:
 
 
 
 
 
Class A Basic
$
8.44

 
$
4.94

 
$
4.67

Class B Basic
$
7.59

 
$
4.45

 
$
4.24

Diluted
$
8.19

 
$
4.79

 
$
4.53

Dividends Declared Per Share:
 
 
 
 
 
Class A
$
1.275

 
$
0.975

 
$
0.650

Class B
$
1.148

 
$
0.878

 
$
0.585