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v3.20.1

Segment Reporting (Tables) | 6 Months Ended
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Mar. 28, 2020
Segment Reporting [Abstract] |
Segment Reporting Information, By Segment | Information on segments and a reconciliation to income before income taxes are as follows (in millions):
| Three Months Ended |  | Six Months Ended |
| March 28, 2020 |  | March 30, 2019 |  | March 28, 2020 |  | March 30, 2019 |
Sales: |  |  |  |  |  |  |  |
Beef | $ | 3,979 |  |  | $ | 3,884 |  |  | $ | 7,817 |  |  | $ | 7,810 |  |
Pork | 1,266 |  |  | 1,172 |  |  | 2,645 |  |  | 2,351 |  |
Chicken | 3,397 |  |  | 3,407 |  |  | 6,689 |  |  | 6,522 |  |
Prepared Foods | 2,080 |  |  | 2,027 |  |  | 4,220 |  |  | 4,176 |  |
International/Other | 465 |  |  | 277 |  |  | 963 |  |  | 420 |  |
Intersegment | (299 | ) |  | (324 | ) |  | (631 | ) |  | (643 | ) |
Total sales | $ | 10,888 |  |  | $ | 10,443 |  |  | $ | 21,703 |  |  | $ | 20,636 |  |
| Three Months Ended |  | Six Months Ended |
| March 28, 2020 |  | March 30, 2019 |  | March 28, 2020 |  | March 30, 2019 |
Operating income (loss): |  |  |  |  |  |  |  |
Beef | $ | 109 |  |  | $ | 156 |  |  | $ | 519 |  |  | $ | 461 |  |
Pork | 93 |  |  | 100 |  |  | 284 |  |  | 195 |  |
Chicken | 99 |  |  | 141 |  | (a) | 156 |  |  | 301 |  | (a)
Prepared Foods | 191 |  |  | 245 |  |  | 349 |  |  | 510 |  |
International/Other | 9 |  | (b) | (7 | ) | (b) | 19 |  | (b) | (25 | ) | (b)
Total operating income | 501 |  |  | 635 |  |  | 1,327 |  |  | 1,442 |  |
Total other expense | 10 |  |  | 107 |  |  | 111 |  |  | 201 |  |
Income before income taxes | $ | 491 |  |  | $ | 528 |  |  | $ | 1,216 |  |  | $ | 1,241 |  |
(a) Chicken operating income included $5 million and $13 million in Keystone Foods purchase accounting and acquisition related costs for the three and six months ended March 30, 2019, respectively. (b) International/Other operating results included $6 million and $24 million in Keystone Foods purchase accounting and acquisition related costs for the three and six months ended March 30, 2019, respectively. There were no third-party merger and integration costs and corporate overhead of Tyson New Ventures, LLC for the three months ended March 28, 2020, $4 million for the three months ended March 30, 2019, and $4 million and $5 million for the six months ended March 28, 2020, and March 30, 2019, respectively.
Disaggregation of Revenue, By Segment and Distribution Channel | The following tables further disaggregate our sales to customers by major distribution channels (in millions):
| Three months ended March 28, 2020 |
| Consumer Products(a) |  | Foodservice(b) |  | International(c) |  | Industrial and Other(d) |  | Intersegment |  | Total
Beef | $ | 1,907 |  |  | $ | 1,004 |  |  | $ | 605 |  |  | $ | 362 |  |  | $ | 101 |  |  | $ | 3,979 |
Pork | 383 |  |  | 99 |  |  | 274 |  |  | 325 |  |  | 185 |  |  | 1,266 |
Chicken | 1,550 |  |  | 1,239 |  |  | 167 |  |  | 428 |  |  | 13 |  |  | 3,397 |
Prepared Foods | 1,225 |  |  | 778 |  |  | 34 |  |  | 43 |  |  | — |  |  | 2,080 |
International/Other | — |  |  | — |  |  | 465 |  |  | — |  |  | — |  |  | 465 |
Intersegment | — |  |  | — |  |  | — |  |  | — |  |  | (299 | ) |  | (299 | )
Total | $ | 5,065 |  |  | $ | 3,120 |  |  | $ | 1,545 |  |  | $ | 1,158 |  |  | $ | — |  |  | $ | 10,888 |
| Three months ended March 30, 2019 |
| Consumer Products(a) |  | Foodservice(b) |  | International(c) |  | Industrial and Other(d) |  | Intersegment |  | Total
Beef | $ | 1,811 |  |  | $ | 1,057 |  |  | $ | 573 |  |  | $ | 343 |  |  | $ | 100 |  |  | $ | 3,884 |
Pork | 334 |  |  | 93 |  |  | 210 |  |  | 324 |  |  | 211 |  |  | 1,172 |
Chicken | 1,463 |  |  | 1,307 |  |  | 155 |  |  | 469 |  |  | 13 |  |  | 3,407 |
Prepared Foods | 1,190 |  |  | 755 |  |  | 20 |  |  | 62 |  |  | — |  |  | 2,027 |
Other | — |  |  | — |  |  | 277 |  |  | — |  |  | — |  |  | 277 |
Intersegment | — |  |  | — |  |  | — |  |  | — |  |  | (324 | ) |  | (324 | )
Total | $ | 4,798 |  |  | $ | 3,212 |  |  | $ | 1,235 |  |  | $ | 1,198 |  |  | $ | — |  |  | $ | 10,443 |
| Six months ended March 28, 2020 |
| Consumer Products(a) |  | Foodservice(b) |  | International(c) |  | Industrial and Other(d) |  | Intersegment |  | Total
Beef | $ | 3,764 |  |  | $ | 2,049 |  |  | $ | 1,119 |  |  | $ | 688 |  |  | $ | 197 |  |  | $ | 7,817 |
Pork | 783 |  |  | 216 |  |  | 554 |  |  | 685 |  |  | 407 |  |  | 2,645 |
Chicken | 2,939 |  |  | 2,546 |  |  | 328 |  |  | 849 |  |  | 27 |  |  | 6,689 |
Prepared Foods | 2,436 |  |  | 1,624 |  |  | 71 |  |  | 89 |  |  | — |  |  | 4,220 |
International/Other | — |  |  | — |  |  | 963 |  |  | — |  |  | — |  |  | 963 |
Intersegment | — |  |  | — |  |  | — |  |  | — |  |  | (631 | ) |  | (631 | )
Total | $ | 9,922 |  |  | $ | 6,435 |  |  | $ | 3,035 |  |  | $ | 2,311 |  |  | $ | — |  |  | $ | 21,703 |
| Six months ended March 30, 2019 |
| Consumer Products(a) |  | Foodservice(b) |  | International(c) |  | Industrial and Other(d) |  | Intersegment |  | Total
Beef | $ | 3,662 |  |  | $ | 2,074 |  |  | $ | 1,201 |  |  | $ | 683 |  |  | $ | 190 |  |  | $ | 7,810 |
Pork | 671 |  |  | 184 |  |  | 435 |  |  | 635 |  |  | 426 |  |  | 2,351 |
Chicken | 2,835 |  |  | 2,437 |  |  | 312 |  |  | 911 |  |  | 27 |  |  | 6,522 |
Prepared Foods | 2,465 |  |  | 1,544 |  |  | 44 |  |  | 123 |  |  | — |  |  | 4,176 |
Other | — |  |  | — |  |  | 420 |  |  | — |  |  | — |  |  | 420 |
Intersegment | — |  |  | — |  |  | — |  |  | — |  |  | (643 | ) |  | (643 | )
Total | $ | 9,633 |  |  | $ | 6,239 |  |  | $ | 2,412 |  |  | $ | 2,352 |  |  | $ | — |  |  | $ | 20,636 |
(a) Includes sales to consumer products and food retailers, such as grocery retailers, warehouse club stores and internet-based retailers. (b) Includes sales to foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, convenience stores, healthcare facilities and the military. (c) Includes sales to international markets for internationally produced products or export sales of domestically produced products. (d) Includes sales to industrial food processing companies that further process our product to sell to end consumers and any remaining sales not included in the Consumer Products, Foodservice or International categories.

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