v3.25.4

Inventories | 3 Months Ended
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Dec. 27, 2025
Inventory Disclosure [Abstract] |
Inventories | INVENTORIES Processed products, livestock and supplies and other are valued at the lower of cost or net realizable value. Cost includes purchased raw materials, live purchase costs, livestock growout costs (primarily feed, livestock grower pay and catch and haul costs), labor and manufacturing and production overhead, which are related to the purchase and production of inventories. At December 27, 2025, the cost of inventories was determined by either the first-in, first-out method or the weighted-average method, which is consistent with the methods used at September 27, 2025. Inventories are presented net of lower of cost or net realizable value adjustments of $166 million and $138 million as of December 27, 2025 and September 27, 2025, respectively. The following table reflects the major components of inventory (in millions):
| December 27, 2025 |  | September 27, 2025
Processed products | $ | 2,853 |  |  | $ | 3,086 |
Livestock | 1,676 |  |  | 1,729 |
Supplies and other | 877 |  |  | 866 |
Total inventory | $ | 5,406 |  |  | $ | 5,681 |

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/330/tableOfContent + Details
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