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Earnings Per Share (Tables)
3 Months Ended
Dec. 28, 2019
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
 
December 28, 2019
 
December 29, 2018
Numerator:
 
 
 
Net income
$
561

 
$
552

Less: Net income attributable to noncontrolling interests
4

 
1

Net income attributable to Tyson
557

 
551

Less dividends declared:
 
 
 
Class A
137

 
133

Class B
29

 
28

Undistributed earnings
$
391

 
$
390

 
 
 
 
Class A undistributed earnings
$
322

 
$
321

Class B undistributed earnings
69

 
69

Total undistributed earnings
$
391

 
$
390

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

 
294

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

 
70

Effect of dilutive securities:
 
 
 
Stock options, restricted stock and performance units
4

 
2

Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions
367

 
366

 
 
 
 
Net income per share attributable to Tyson:
 
 
 
Class A basic
$
1.56

 
$
1.54

Class B basic
$
1.40

 
$
1.39

Diluted
$
1.52

 
$
1.50

Dividends Declared Per Share:
 
 
 
Class A
$
0.465

 
$
0.450

Class B
$
0.419

 
$
0.405