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Segment Reporting (Tables) | 6 Months Ended
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Mar. 30, 2024
Segment Reporting [Abstract] |
Segment Reporting Information, By Segment | Information on segments and a reconciliation to income before income taxes are as follows (in millions):
| Three Months Ended |  | Six Months Ended
| March 30, 2024 |  | April 1, 2023 |  | March 30, 2024 |  | April 1, 2023
Sales: |  |  |  |  |  |  |
Beef | $ | 4,954 |  |  | $ | 4,617 |  |  | $ | 9,977 |  |  | $ | 9,340 |
Pork | 1,486 |  |  | 1,421 |  |  | 3,003 |  |  | 2,950 |
Chicken | 4,065 |  |  | 4,430 |  |  | 8,098 |  |  | 8,693 |
Prepared Foods | 2,404 |  |  | 2,422 |  |  | 4,947 |  |  | 4,960 |
International/Other | 580 |  |  | 634 |  |  | 1,162 |  |  | 1,246 |
Intersegment | (417) |  |  | (391) |  |  | (796) |  |  | (796) |
Total Sales | $ | 13,072 |  |  | $ | 13,133 |  |  | $ | 26,391 |  |  | $ | 26,393 |
| Three Months Ended |  | Six Months Ended
| March 30, 2024 |  | April 1, 2023 |  | March 30, 2024 |  | April 1, 2023
Operating Income (Loss): |  |  |  |  |  |  |
Beef(a) | $ | (35) |  |  | $ | — |  |  | $ | (241) |  |  | $ | 166 |
Pork(b) | (1) |  |  | (33) |  |  | 38 |  |  | (54) |
Chicken(c) | 158 |  |  | (258) |  |  | 335 |  |  | (189) |
Prepared Foods | 230 |  |  | 241 |  |  | 473 |  |  | 499 |
International/Other(d) | (40) |  |  | 1 |  |  | (62) |  |  | (4) |
Total Operating Income (Loss) | 312 |  |  | (49) |  |  | 543 |  |  | 418 |
Total Other (Income) Expense | 109 |  |  | 81 |  |  | 179 |  |  | 114 |
Income (Loss) before Income Taxes | $ | 203 |  |  | $ | (130) |  |  | $ | 364 |  |  | $ | 304 |
(a) Beef segment results for the six months ended March 30, 2024 included a $45 million legal contingency accrual and $41 million of costs related to plant closures recognized in Cost of Sales. Beef segment results for the six months ended April 1, 2023 included $42 million of insurance proceeds, net of costs incurred, recognized in Cost of Sales. (b) Pork segment results for the three and six months ended March 30, 2024 included $34 million of costs related to plant closures, recognized in Cost of Sales. Pork segment results for the six months ended March 30, 2024 included a $28 million legal contingency accrual, recognized in Cost of Sales. (c) Chicken segment results for the six months ended March 30, 2024 included $39 million of costs related to plant closures and $24 million of insurance proceeds, net of costs incurred, recognized in Cost of Sales. Chicken segment results for the three and six months ended April 1, 2023 included $92 million of costs related to plant closures, recognized in Cost of Sales. Chicken segment results for the six months ended April 1, 2023 included $7 million of costs related to a fire at one of our production facilities, net of insurance proceeds, recognized in Cost of Sales. (d) International/Other results for the three and six months ended March 30, 2024 included $54 million and $80 million, respectively, of costs, net of insurance proceeds, related to a fire at our production facility in the Netherlands and our current intention to discontinue the use of certain productive assets, recognized in Cost of Sales.
Disaggregation of Revenue, By Segment and Distribution Channel | The following tables further disaggregate our sales to customers by major distribution channels (in millions):
| Three months ended March 30, 2024
| Retail(a) |  | Foodservice(b) |  | International(c) |  | Industrial and Other(d) |  | Total External Customers |  | Intersegment |  | Total
Beef | $ | 2,367 |  |  | $ | 1,287 |  |  | $ | 662 |  |  | $ | 549 |  |  | $ | 4,865 |  |  | $ | 89 |  |  | $ | 4,954 |
Pork | 427 |  |  | 121 |  |  | 375 |  |  | 264 |  |  | 1,187 |  |  | 299 |  |  | 1,486 |
Chicken | 1,755 |  |  | 1,608 |  |  | 225 |  |  | 448 |  |  | 4,036 |  |  | 29 |  |  | 4,065 |
Prepared Foods | 1,414 |  |  | 896 |  |  | 51 |  |  | 43 |  |  | 2,404 |  |  | — |  |  | 2,404 |
International/Other | — |  |  | — |  |  | 580 |  |  | — |  |  | 580 |  |  | — |  |  | 580 |
Intersegment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (417) |  |  | (417) |
Total | $ | 5,963 |  |  | $ | 3,912 |  |  | $ | 1,893 |  |  | $ | 1,304 |  |  | $ | 13,072 |  |  | $ | — |  |  | $ | 13,072 |
| Three months ended April 1, 2023
| Retail(a) |  | Foodservice(b) |  | International(c) |  | Industrial and Other(d) |  | Total External Customers |  | Intersegment |  | Total
Beef | $ | 2,134 |  |  | $ | 1,191 |  |  | $ | 610 |  |  | $ | 560 |  |  | $ | 4,495 |  |  | $ | 122 |  |  | $ | 4,617 |
Pork | 416 |  |  | 114 |  |  | 300 |  |  | 339 |  |  | 1,169 |  |  | 252 |  |  | 1,421 |
Chicken | 1,964 |  |  | 1,660 |  |  | 248 |  |  | 541 |  |  | 4,413 |  |  | 17 |  |  | 4,430 |
Prepared Foods | 1,433 |  |  | 898 |  |  | 51 |  |  | 40 |  |  | 2,422 |  |  | — |  |  | 2,422 |
International/Other | — |  |  | — |  |  | 634 |  |  | — |  |  | 634 |  |  | — |  |  | 634 |
Intersegment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (391) |  |  | (391) |
Total | $ | 5,947 |  |  | $ | 3,863 |  |  | $ | 1,843 |  |  | $ | 1,480 |  |  | $ | 13,133 |  |  | $ | — |  |  | $ | 13,133 |
| Six months ended March 30, 2024
| Retail(a) |  | Foodservice(b) |  | International(c) |  | Industrial and Other(d) |  | Total External Customers |  | Intersegment |  | Total
Beef | $ | 4,764 |  |  | $ | 2,602 |  |  | $ | 1,294 |  |  | $ | 1,127 |  |  | $ | 9,787 |  |  | $ | 190 |  |  | $ | 9,977 |
Pork | 910 |  |  | 238 |  |  | 728 |  |  | 569 |  |  | 2,445 |  |  | 558 |  |  | 3,003 |
Chicken | 3,468 |  |  | 3,215 |  |  | 442 |  |  | 925 |  |  | 8,050 |  |  | 48 |  |  | 8,098 |
Prepared Foods | 2,902 |  |  | 1,857 |  |  | 110 |  |  | 78 |  |  | 4,947 |  |  | — |  |  | 4,947 |
International/Other | — |  |  | — |  |  | 1,162 |  |  | — |  |  | 1,162 |  |  | — |  |  | 1,162 |
Intersegment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (796) |  |  | (796) |
Total | $ | 12,044 |  |  | $ | 7,912 |  |  | $ | 3,736 |  |  | $ | 2,699 |  |  | $ | 26,391 |  |  | $ | — |  |  | $ | 26,391 |
| Six months ended April 1, 2023
| Retail(a) |  | Foodservice(b) |  | International(c) |  | Industrial and Other(d) |  | Total External Customers |  | Intersegment |  | Total
Beef | $ | 4,268 |  |  | $ | 2,320 |  |  | $ | 1,307 |  |  | $ | 1,207 |  |  | $ | 9,102 |  |  | $ | 238 |  |  | $ | 9,340 |
Pork | 874 |  |  | 231 |  |  | 632 |  |  | 689 |  |  | 2,426 |  |  | 524 |  |  | 2,950 |
Chicken | 3,845 |  |  | 3,266 |  |  | 494 |  |  | 1,054 |  |  | 8,659 |  |  | 34 |  |  | 8,693 |
Prepared Foods | 2,938 |  |  | 1,836 |  |  | 107 |  |  | 79 |  |  | 4,960 |  |  | — |  |  | 4,960 |
International/Other | — |  |  | — |  |  | 1,246 |  |  | — |  |  | 1,246 |  |  | — |  |  | 1,246 |
Intersegment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (796) |  |  | (796) |
Total | $ | 11,925 |  |  | $ | 7,653 |  |  | $ | 3,786 |  |  | $ | 3,029 |  |  | $ | 26,393 |  |  | $ | — |  |  | $ | 26,393 |
(a) Includes external sales to consumer products and food retailers, such as grocery retailers, warehouse club stores and internet-based retailers. (b) Includes external sales to fo odservice distr ibutors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, convenience stores, healthcare facilities and the military. (c) Includes external sales to international markets for internationally produced products or export sales of domestically produced products. (d) Includes external 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.

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