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Derivative Financial Instruments (Tables)
 3 Months Ended
Dec. 30, 2017
Derivative [Line Items]  
Schedule Of Notional Amount Of Derivatives
We had the following aggregated outstanding notional amounts related to our derivative financial instruments (in millions, except soy meal tons):
 
Metric
 
December 30, 2017
 
September 30, 2017
Commodity:
 
 
 
 
 
Corn
Bushels
 
55

 
55

Soy meal
Tons
 
452,600

 
475,200

Live cattle
Pounds
 
252

 
211

Lean hogs
Pounds
 
212

 
240

Foreign currency
United States dollar
 
$
53

 
$
58
Designated as hedges | 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 30, 2017
 
December 31, 2016
 
 
 
December 30, 2017
 
December 31, 2016
Cash flow hedge – derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
Commodity contracts
$
(2
)
 
$
1

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

 
—

 
Other income/expense
 
—

 
—

Total
$
(2
)
 
$
1

 
 
 
$
(1
)
 
$
(4
)
Designated as hedges | Fair Value Hedging [Member]  
Derivative [Line Items]  
Derivative Instruments, Gain (Loss) [Table Text Block]
 
 
 
 
 
Consolidated Condensed
Statements of Income
Classification
 
Three Months Ended
 
 
December 30, 2017
 
December 31, 2016
Gain (Loss) on forwards
Cost of sales
 
$
(7
)
 
$
28

Gain (Loss) on purchase contract
Cost of sales
 
7

 
(28
)
Undesignated  
Derivative [Line Items]  
Derivative Instruments, Gain (Loss) [Table Text Block]
The following table sets forth the pretax impact of the undesignated derivative instruments in the Consolidated Condensed Statements of Income (in millions):
 
Consolidated Condensed
Statements of Income
Classification
 
Gain (Loss)
Recognized in Earnings
 
 
 
 
Three Months Ended
 
 
 
December 30, 2017
 
December 31, 2016
Derivatives not designated as hedging instruments:
 
 
 
 
 
Commodity contracts
Sales
 
$
9

 
$
51

Commodity contracts
Cost of sales
 
(22
)
 
(1
)
Foreign exchange contracts
Other income/expense
 
—

 
—

Total
 
 
$
(13
)
 
$
50