XML 41 R35.htm IDEA: XBRL DOCUMENT
v3.20.1

Earnings Per Share (Tables) | 6 Months Ended
--- | ---
Mar. 28, 2020
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 |  | Six Months Ended
| March 28, 2020 |  | March 30, 2019 |  | March 28, 2020 |  | March 30, 2019
Numerator: |  |  |  |  |  |  |
Net income | $ | 367 |  |  | $ | 430 |  |  | $ | 928 |  |  | $ | 982 |
Less: Net income attributable to noncontrolling interests | 3 |  |  | 4 |  |  | 7 |  |  | 5 |
Net income attributable to Tyson | 364 |  |  | 426 |  |  | 921 |  |  | 977 |
Less dividends declared: |  |  |  |  |  |  |
Class A | 124 |  |  | 110 |  |  | 261 |  |  | 243 |
Class B | 26 |  |  | 23 |  |  | 55 |  |  | 51 |
Undistributed earnings | $ | 214 |  |  | $ | 293 |  |  | $ | 605 |  |  | $ | 683 |
Class A undistributed earnings | $ | 176 |  |  | $ | 241 |  |  | $ | 498 |  |  | $ | 562 |
Class B undistributed earnings | 38 |  |  | 52 |  |  | 107 |  |  | 121 |
Total undistributed earnings | $ | 214 |  |  | $ | 293 |  |  | $ | 605 |  |  | $ | 683 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per share: |  |  |  |  |  |  |
Class A weighted average shares | 293 |  |  | 294 |  |  | 293 |  |  | 294 |
Class B weighted average shares, and shares under the if-converted method for diluted earnings per share | 70 |  |  | 70 |  |  | 70 |  |  | 70 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock options, restricted stock and performance units | 2 |  |  | 2 |  |  | 3 |  |  | 2 |
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions | 365 |  |  | 366 |  |  | 366 |  |  | 366 |
Net income per share attributable to Tyson: |  |  |  |  |  |  |
Class A basic | $ | 1.03 |  |  | $ | 1.20 |  |  | $ | 2.59 |  |  | $ | 2.74 |
Class B basic | $ | 0.92 |  |  | $ | 1.07 |  |  | $ | 2.32 |  |  | $ | 2.46 |
Diluted | $ | 1.00 |  |  | $ | 1.17 |  |  | $ | 2.52 |  |  | $ | 2.67 |
Dividends Declared Per Share: |  |  |  |  |  |  |
Class A | $ | 0.420 |  |  | $ | 0.375 |  |  | $ | 0.885 |  |  | $ | 0.825 |
Class B | $ | 0.378 |  |  | $ | 0.338 |  |  | $ | 0.797 |  |  | $ | 0.743 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration