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Earnings Per Share (Tables) | 6 Months Ended
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Apr. 03, 2021
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
| April 3, 2021 |  | March 28, 2020 |  | April 3, 2021 |  | March 28, 2020
Numerator: |  |  |  |  |  |  |
Net income | $ | 477 |  |  | $ | 379 |  |  | $ | 949 |  |  | $ | 888 |
Less: Net income attributable to noncontrolling interests | 1 |  |  | 3 |  |  | 6 |  |  | 7 |
Net income attributable to Tyson | 476 |  |  | 376 |  |  | 943 |  |  | 881 |
Less dividends declared: |  |  |  |  |  |  |
Class A | 131 |  |  | 124 |  |  | 269 |  |  | 261 |
Class B | 28 |  |  | 26 |  |  | 58 |  |  | 55 |
Undistributed earnings | $ | 317 |  |  | $ | 226 |  |  | $ | 616 |  |  | $ | 565 |
Class A undistributed earnings | $ | 261 |  |  | $ | 186 |  |  | $ | 507 |  |  | $ | 465 |
Class B undistributed earnings | 56 |  |  | 40 |  |  | 109 |  |  | 100 |
Total undistributed earnings | $ | 317 |  |  | $ | 226 |  |  | $ | 616 |  |  | $ | 565 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per share: |  |  |  |  |  |  |
Class A weighted average shares | 293 |  |  | 293 |  |  | 293 |  |  | 293 |
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 |  |  | 2 |  |  | 3 |
Warrants |  |  |  |  |  |  |
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions | 365 |  |  | 365 |  |  | 365 |  |  | 366 |
Net income per share attributable to Tyson: |  |  |  |  |  |  |
Class A basic | $ | 1.34 |  |  | $ | 1.06 |  |  | $ | 2.65 |  |  | $ | 2.48 |
Class B basic | $ | 1.20 |  |  | $ | 0.95 |  |  | $ | 2.38 |  |  | $ | 2.22 |
Diluted | $ | 1.30 |  |  | $ | 1.03 |  |  | $ | 2.58 |  |  | $ | 2.41 |
Dividends Declared Per Share: |  |  |  |  |  |  |
Class A | $ | 0.445 |  |  | $ | 0.420 |  |  | $ | 0.915 |  |  | $ | 0.885 |
Class B | $ | 0.401 |  |  | $ | 0.378 |  |  | $ | 0.824 |  |  | $ | 0.797 |

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- 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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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