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Derivative Financial Instruments (Tables) | 9 Months Ended
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Jul. 01, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items] |
Derivative Instruments, Gain (Loss) [Table Text Block] | The following table sets forth the pretax impact of the cash flow, fair value and undesignated derivative instruments in the Consolidated Condensed Statements of Income (in millions):
Consolidated Condensed Statements of Income Classification | Three Months Ended |  | Nine Months Ended
July 1, 2023 |  | July 2, 2022 |  | July 1, 2023 |  | July 2, 2022
Cost of Sales | Gain (Loss) on cash flow hedges reclassified from OCI to Earnings: |  |  |  |  |  |  |
| Commodity contracts | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
| Gain (Loss) on fair value hedges: |  |  |  |  |  |  |
| Commodity contracts (a) | (5) |  |  | (6) |  |  | (6) |  |  | (22) |
| Gain (Loss) on derivatives not designated as hedging instruments: |  |  |  |  |  |  |
| Commodity contracts | (84) |  |  | (19) |  |  | (92) |  |  | 161 |
Total |  | $ | (89) |  |  | $ | (25) |  |  | $ | (98) |  |  | $ | 139 |
Interest Expense | Gain (Loss) on cash flow hedges reclassified from OCI to Earnings: |  |  |  |  |  |  |
| Interest rate contracts | $ | — |  |  | $ | — |  |  | $ | (1) |  |  | $ | (1) |
Other, net | Gain (Loss) on derivatives not designated as hedging instruments: |  |  |  |  |  |  |
| Foreign exchange contracts | $ | (7) |  |  | $ | 1 |  |  | $ | 3 |  |  | $ | 5 |
Schedule of Income Statement Items Impacted by Derivatives [Table Text Block] | The following table sets forth the total amounts of each income and expense line item presented in the Consolidated Condensed Statements of Income in which the effects of hedges are recorded (in millions):
Consolidated Condensed Statements of Income Classification | Three Months Ended |  | Nine Months Ended
July 1, 2023 |  | July 2, 2022 |  | July 1, 2023 |  | July 2, 2022
Cost of Sales | $ | 12,463 |  |  | $ | 11,884 |  |  | $ | 37,361 |  |  | $ | 34,184 |
Interest Expense | 89 |  |  | 85 |  |  | 262 |  |  | 282 |
Other, net | (7) |  |  | (34) |  |  | (50) |  |  | (111) |
Schedule of Notional Amounts of Outstanding Derivative Positions | We had the following net aggregated outstanding notional amounts related to our derivative financial instruments:
in millions, except soybean meal tons | Metric |  | July 1, 2023 |  | October 1, 2022
Commodity: |  |  |  |  |
Corn | Bushels |  | 75 |  |  | 44 |
Soybean Meal | Tons |  | 645,030 |  |  | 532,700 |
Live Cattle | Pounds |  | 397 |  |  | 280 |
Lean Hogs | Pounds |  | 206 |  |  | 339 |
Foreign Currency | United States dollar |  | $ | 183 |  |  | $ | 249 |
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] | The following table sets forth the carrying amount of fair value hedge (assets) liabilities as of July 1, 2023 and October 1, 2022 (in millions):
Consolidated Condensed Balance Sheets Classification | July 1, 2023 |  | October 1, 2022 |  |  |  |
Inventory |  | $ | 23 |  |  | $ | (12) |  |  |  |  |

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