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Earnings Per Share (Tables) | 9 Months Ended
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Jul. 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 |  | Nine Months Ended
| July 3, 2021 |  | June 27, 2020 |  | July 3, 2021 |  | June 27, 2020
Numerator: |  |  |  |  |  |  |
Net income | $ | 753 |  |  | $ | 526 |  |  | $ | 1,702 |  |  | $ | 1,414 |
Less: Net income attributable to noncontrolling interests | 4 |  |  | — |  |  | 10 |  |  | 7 |
Net income attributable to Tyson | 749 |  |  | 526 |  |  | 1,692 |  |  | 1,407 |
Less dividends declared: |  |  |  |  |  |  |
Class A | 132 |  |  | 124 |  |  | 401 |  |  | 385 |
Class B | 28 |  |  | 27 |  |  | 86 |  |  | 82 |
Undistributed earnings | $ | 589 |  |  | $ | 375 |  |  | $ | 1,205 |  |  | $ | 940 |
Class A undistributed earnings | $ | 485 |  |  | $ | 309 |  |  | $ | 992 |  |  | $ | 774 |
Class B undistributed earnings | 104 |  |  | 66 |  |  | 213 |  |  | 166 |
Total undistributed earnings | $ | 589 |  |  | $ | 375 |  |  | $ | 1,205 |  |  | $ | 940 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per share: |  |  |  |  |  |  |
Class A weighted average shares | 293 |  |  | 292 |  |  | 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 | 3 |  |  | 2 |  |  | 2 |  |  | 3 |
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions | 366 |  |  | 364 |  |  | 365 |  |  | 366 |
Net income per share attributable to Tyson: |  |  |  |  |  |  |
Class A basic | $ | 2.11 |  |  | $ | 1.48 |  |  | $ | 4.76 |  |  | $ | 3.96 |
Class B basic | $ | 1.89 |  |  | $ | 1.33 |  |  | $ | 4.27 |  |  | $ | 3.55 |
Diluted | $ | 2.05 |  |  | $ | 1.44 |  |  | $ | 4.63 |  |  | $ | 3.85 |
Dividends Declared Per Share: |  |  |  |  |  |  |
Class A | $ | 0.445 |  |  | $ | 0.420 |  |  | $ | 1.360 |  |  | $ | 1.305 |
Class B | $ | 0.400 |  |  | $ | 0.378 |  |  | $ | 1.224 |  |  | $ | 1.175 |

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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=124432515&loc=d3e3550-109257 + Details
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