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Segment Reporting
 12 Months Ended
Oct. 02, 2021
Segment Reporting [Abstract]  
Segment Reporting SEGMENT REPORTING
We operate in four reportable segments: Beef, Pork, Chicken, and Prepared Foods. We measure segment profit as operating income (loss). International/Other primarily includes our foreign operations in Australia, China, Malaysia, Mexico, the Netherlands, South Korea and Thailand, third-party merger and integration costs and corporate overhead related to Tyson New Ventures, LLC.
Beef
Beef includes our operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. Products are marketed domestically to food retailers, foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, healthcare facilities, the military and other food processors, as well as to international export markets. This segment also includes sales from specialty products such as hides and variety meats, as well as logistics operations to move products through the supply chain.
Pork
Pork includes our operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. Products are marketed domestically to food retailers, foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, healthcare facilities, the military and other food processors, as well as to international export markets. This segment also includes our live swine group, related specialty product processing activities and logistics operations to move products through the supply chain.
Chicken
Chicken includes our domestic operations related to raising and processing live chickens into, and purchasing raw materials for fresh, frozen and value-added chicken products, as well as sales from specialty products. Our value-added chicken products primarily include breaded chicken strips, nuggets, patties and other ready-to-fix or fully cooked chicken parts. Products are marketed domestically to food retailers, foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, convenience stores, healthcare facilities, the military and other food processors, as well as to international export markets. This segment also includes logistics operations to move products through our domestic supply chain and the global operations of our chicken breeding stock subsidiary.
Prepared Foods
Prepared Foods includes our operations related to manufacturing and marketing frozen and refrigerated food products and logistics operations to move products through the supply chain. This segment includes brands such as Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, State Fair®, as well as artisanal brands Aidells® and Gallo Salame®. Products primarily include ready-to-eat sandwiches, sandwich components such as flame-grilled hamburgers and Philly steaks, pepperoni, bacon, breakfast sausage, turkey, lunchmeat, hot dogs, flour and corn tortilla products, appetizers, snacks, prepared meals, ethnic foods, side dishes, meat dishes, breadsticks and processed meats. Products are marketed domestically to food retailers, foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, convenience stores, healthcare facilities, the military and other food processors, as well as to international export markets.
We allocate expenses related to corporate activities to the segments, except for third-party merger and integration costs of $2 million, $5 million and $36 million in fiscal 2021, 2020 and 2019, respectively, and corporate overhead related to Tyson New Ventures, LLC, which are included in International/Other. Intersegment sales transactions, which were at market price, are included in the segment sales in the table below. Assets and additions to property, plant and equipment relating to corporate activities remain in International/Other.
Information on segments and a reconciliation to income from continuing operations before income taxes are as follows (in millions):
BeefPorkChickenPrepared
Foods		International/OtherIntersegment
Sales		Consolidated
Fiscal 2021
Sales$17,999 $6,277 $13,733 $8,853 $1,990 $(1,803)$47,049 
Operating Income (Loss)3,240 328 (625)1,456 (3)4,396 
Total Other (Income) Expense355 
Income before Income Taxes4,041 
Depreciation and amortization108 61 564 385 77 1,195 
Total Assets3,678 1,583 11,373 14,630 5,045 36,309 
Additions to property, plant and equipment246 100 518 237 108 1,209 
Fiscal 2020
Sales$15,742 $5,128 $13,234 $8,532 $1,856 $(1,307)$43,185 
Operating Income (Loss)1,580 565 122 743 (2)3,008 
Total Other (Income) Expense
344 
Income before Income Taxes2,664 
Depreciation and amortization106 56 553 398 65 1,178 
Total Assets3,223 1,516 11,028 14,883 3,806 34,456 
Additions to property, plant and equipment
219 117 577 211 75 1,199 
Fiscal 2019
Sales$15,828 $4,932 $13,300 $8,418 $1,289 $(1,362)$42,405 
Operating Income (Loss)1,050 263 621 843 (7)2,770 
Total Other (Income) Expense396 
Income before Income Taxes2,374 
Depreciation and amortization97 47 513 397 32 1,086 
Total Assets2,958 1,372 10,807 15,138 2,643 32,918 
Additions to property, plant and equipment133 128 637 246 115 1,259 
Our largest customer, Walmart Inc., accounted for 18.3%, 18.7% and 16.9% of consolidated sales in fiscal 2021, 2020 and 2019, respectively. Sales to Walmart Inc. were included in all the segments. Any extended discontinuance of sales to this customer could, if not replaced, have a material impact on our operations.
The majority of our operations are domiciled in the United States. Approximately 95%, 95% and 96% of sales to external customers for fiscal 2021, 2020 and 2019, respectively, were sourced from the United States. Approximately $25.1 billion and $25.6 billion of long-lived assets were located in the United States at October 2, 2021, and October 3, 2020, respectively. Excluding goodwill and intangible assets, long-lived assets located in the United States totaled approximately $8.7 billion and $8.5 billion at October 2, 2021, and October 3, 2020, respectively. Approximately $1,369 million and $1,287 million of long-lived assets were located in foreign locations, primarily Brazil, China, the European Union, New Zealand and Thailand at October 2, 2021, and October 3, 2020, respectively. Excluding goodwill and intangible assets, long-lived assets in foreign countries totaled approximately $745 million and $648 million at October 2, 2021, and October 3, 2020, respectively.
We sell certain products in foreign markets, primarily Australia, Canada, Central America, Chile, China, the European Union, the United Kingdom, Japan, Mexico, Malaysia, the Middle East, South Korea, Taiwan and Thailand. Our export sales from the United States totaled $4.9 billion, $4.0 billion and $4.1 billion for fiscal 2021, 2020 and 2019, respectively. Substantially all of our export sales are facilitated through unaffiliated brokers, marketing associations and foreign sales staffs. Sales of products produced in a country other than the United States were less than 10% of consolidated sales for each of fiscal 2021, 2020 and 2019.
The following tables further disaggregate our sales to customers by major distribution channels (in millions):
Twelve months ended October 2, 2021
Retail(a)
Foodservice(b)
International(c)
Industrial and Other(d)
IntersegmentTotal
Beef$8,779 $4,326 $2,720 $1,719 $455 $17,999 
Pork1,787 474 1,173 1,563 1,280 6,277 
Chicken6,112 5,566 770 1,217 68 13,733 
Prepared Foods5,231 3,311 140 171 — 8,853 
International/Other— — 1,990 — — 1,990 
Intersegment— — — — (1,803)(1,803)
Total$21,909 $13,677 $6,793 $4,670 $— $47,049 
Twelve months ended October 3, 2020
Retail(a)
Foodservice(b)
International(c)
Industrial and Other(d)
IntersegmentTotal
Beef$8,155 $3,669 $2,183 $1,345 $390 $15,742 
Pork1,590 403 1,026 1,244 865 5,128 
Chicken5,935 4,892 642 1,713 52 13,234 
Prepared Foods5,137 3,090 126 179 — 8,532 
International/Other— — 1,856 — — 1,856 
Intersegment— — — — (1,307)(1,307)
Total$20,817 $12,054 $5,833 $4,481 $— $43,185 
Twelve months ended September 28, 2019
Retail(a)
Foodservice(b)
International(c)
Industrial and Other(d)
IntersegmentTotal
Beef$7,420 $4,151 $2,426 $1,420 $411 $15,828 
Pork1,415 400 890 1,334 893 4,932 
Chicken5,637 5,138 690 1,777 58 13,300 
Prepared Foods4,793 3,270 104 251 — 8,418 
International/Other— — 1,289 — — 1,289 
Intersegment— — — — (1,362)(1,362)
Total$19,265 $12,959 $5,399 $4,782 $— $42,405 
(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 related to 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 Retail, Foodservice or International categories. For fiscal 2021, the Chicken segment included a $545 million reduction in Other due to the recognition of legal contingency accruals.