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Accounting Policies Changes in Accounting Principles (Tables) | 3 Months Ended
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Jan. 02, 2021
Accounting Policies [Abstract] |
Schedule of Error Corrections and Prior Period Adjustments | The following tables represent revisions to our consolidated condensed financial information for the first quarter of fiscal 2020:
First Quarter | in millions, except per share data
| Quarter ended December 28, 2019 |  |
| As originally reported | Adjustments | As revised |  |  |  |
Consolidated Statement of Income: |  |  |  |  |  |  |
Selling, General and Administrative | $ | 614 |  | $ | 68 |  | $ | 682 |  |  |  |  |
Operating Income | 826 |  | (68) |  | 758 |  |  |  |  |
Income before Income Taxes | 725 |  | (68) |  | 657 |  |  |  |  |
Income Tax Expense (Benefit) | 164 |  | (16) |  | 148 |  |  |  |  |
Net Income | 561 |  | (52) |  | 509 |  |  |  |  |
Net Income Attributable to Tyson | 557 |  | (52) |  | 505 |  |  |  |  |
Net Income Per Share Attributable to Tyson |  |  |  |  |  |  |
Class A Basic | $ | 1.56 |  | $ | (0.14) |  | $ | 1.42 |  |  |  |  |
Class B Basic | $ | 1.40 |  | $ | (0.13) |  | $ | 1.27 |  |  |  |  |
Diluted | $ | 1.52 |  | $ | (0.14) |  | $ | 1.38 |  |  |  |  |
Consolidated Statement of Comprehensive Income: |  |  |  |  |  |  |
Net Income | $ | 561 |  | $ | (52) |  | $ | 509 |  |  |  |  |
Comprehensive Income | 599 |  | (52) |  | 547 |  |  |  |  |
Comprehensive Income Attributable to Tyson | 595 |  | (52) |  | 543 |  |  |  |  |
| As of December 28, 2019 |  |
| As originally reported | Adjustments | As revised |  |  |  |
Consolidated Balance Sheet: |  |  |  |  |  |  |
Inventories | $ | 4,304 |  | $ | (247) |  | $ | 4,057 |  |  |  |  |
Total Current Assets | 7,193 |  | (247) |  | 6,946 |  |  |  |  |
Total Assets | 33,811 |  | (247) |  | 33,564 |  |  |  |  |
Deferred Income Taxes | 2,369 |  | (63) |  | 2,306 |  |  |  |  |
Retained Earnings(a) | 14,178 |  | (184) |  | 13,994 |  |  |  |  |
Total Tyson Shareholders' Equity | 14,419 |  | (184) |  | 14,235 |  |  |  |  |
Total Shareholders' Equity | 14,566 |  | (184) |  | 14,382 |  |  |  |  |
Total Liabilities and Shareholders' Equity | 33,811 |  | (247) |  | 33,564 |  |  |  |  |
| Quarter ended December 28, 2019 |  |
| As originally reported | Adjustments | As revised |  |  |  |
Consolidated Statement of Cash Flows: |  |  |  |  |  |  |
Net Income | $ | 561 |  | $ | (52) |  | $ | 509 |  |  |  |  |
Deferred income taxes | 3 |  | (16) |  | (13) |  |  |  |  |
Net changes in operating assets and liabilities | 15 |  | 68 |  | 83 |  |  |  |  |

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