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Earnings Per Share (Tables)
 12 Months Ended
Oct. 03, 2020
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
 
 
2020

 
2019

 
2018

Numerator:
 
 
 
 
 
Net income
$
2,150

 
$
2,035

 
$
3,027

Less: Net income attributable to noncontrolling interests
10

 
13

 
3

Net income attributable to Tyson
2,140

 
2,022

 
3,024

Less dividends declared:
 
 
 
 
 
Class A
508

 
465

 
378

Class B
108

 
99

 
80

Undistributed earnings
$
1,524

 
$
1,458

 
$
2,566

 
 
 
 
 
 
Class A undistributed earnings
$
1,254

 
$
1,200

 
$
2,115

Class B undistributed earnings
270

 
258

 
451

Total undistributed earnings
$
1,524

 
$
1,458

 
$
2,566

 
 
 
 
 
 
Denominator:
 
 
 
 
 
Denominator for basic earnings per share:
 
 
 
 
 
Class A weighted average shares
293

 
293

 
295

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
2

 
3

 
4

Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions
365

 
366

 
369

 
 
 
 
 
 
Net Income Per Share Attributable to Tyson:
 
 
 
 
 
Class A Basic
$
6.02

 
$
5.67

 
$
8.44

Class B Basic
$
5.41

 
$
5.10

 
$
7.59

Diluted
$
5.86

 
$
5.52

 
$
8.19

Dividends Declared Per Share:
 
 
 
 
 
Class A
$
1.725

 
$
1.575

 
$
1.275

Class B
$
1.553

 
$
1.418

 
$
1.148