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Segment Reporting (Tables) | 12 Months Ended
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Oct. 30, 2016
Segment Reporting |
Schedule of sales and operating profits for each of the reportable segments and reconciliation to earnings before income taxes |
(in thousands) | 2016 | 2015 | 2014
Net Sales (to unaffiliated customers) |  |  |
Grocery Products | $ 1,684,756 | $ 1,617,680 | $ 1,558,265
Refrigerated Foods | 4,647,173 | 4,372,347 | 4,644,179
Jennie-O Turkey Store | 1,740,968 | 1,635,776 | 1,672,452
Specialty Foods | 939,134 | 1,103,359 | 907,120
International & Other | 511,193 | 534,701 | 534,240
Total | $ 9,523,224 | $ 9,263,863 | $ 9,316,256
Intersegment Sales |  |  |
Grocery Products | $ – | $ – | $ –
Refrigerated Foods | 11,341 | 13,058 | 23,163
Jennie-O Turkey Store | 120,742 | 128,195 | 144,137
Specialty Foods | 26 | 64 | 122
International & Other | – | – | –
Total | 132,109 | 141,317 | 167,422
Intersegment elimination | (132,109) | (141,317) | (167,422)
Total | $ – | $ – | $ –
Segment Net Sales |  |  |
Grocery Products | $ 1,684,756 | $ 1,617,680 | $ 1,558,265
Refrigerated Foods | 4,658,514 | 4,385,405 | 4,667,342
Jennie-O Turkey Store | 1,861,710 | 1,763,971 | 1,816,589
Specialty Foods | 939,160 | 1,103,423 | 907,242
International & Other | 511,193 | 534,701 | 534,240
Intersegment elimination | (132,109) | (141,317) | (167,422)
Total | $ 9,523,224 | $ 9,263,863 | $ 9,316,256
Segment Operating Profit |  |  |
Grocery Products | $ 268,461 | $ 228,582 | $ 195,064
Refrigerated Foods | 585,652 | 424,968 | 338,020
Jennie-O Turkey Store | 329,427 | 276,217 | 272,362
Specialty Foods | 110,917 | 93,258 | 71,514
International & Other | 78,409 | 78,318 | 84,745
Total segment operating profit | $ 1,372,866 | $ 1,101,343 | $ 961,705
Net interest and investment expense (income) | 6,680 | 10,177 | 9,468
General corporate expense | 49,436 | 35,199 | 33,434
Noncontrolling interest | 465 | 1,176 | 3,349
Earnings Before Income Taxes | $ 1,317,215 | $ 1,057,143 | $ 922,152
(in thousands) | 2016 | 2015 | 2014
Assets |  |  |
Grocery Products | $ 1,472,316 | $ 1,214,988 | $ 1,249,631
Refrigerated Foods | 1,999,821 | 1,973,424 | 1,215,694
Jennie-O Turkey Store | 882,812 | 811,693 | 857,697
Specialty Foods | 837,107 | 988,455 | 1,013,420
International & Other | 479,394 | 446,164 | 406,249
Corporate | 698,617 | 705,107 | 712,928
Total | $ 6,370,067 | $ 6,139,831 | $ 5,455,619
Additions to Property, Plant and Equipment |  |  |
Grocery Products | $ 15,830 | $ 18,104 | $ 31,741
Refrigerated Foods | 93,430 | 54,074 | 61,183
Jennie-O Turkey Store | 61,340 | 32,250 | 25,761
Specialty Foods | 5,372 | 5,309 | 3,266
International & Other | 44,407 | 18,576 | 4,896
Corporate | 35,145 | 15,750 | 32,291
Total | $ 255,524 | $ 144,063 | $ 159,138
Depreciation and Amortization |  |  |
Grocery Products | $ 29,725 | $ 26,972 | $ 25,883
Refrigerated Foods | 53,229 | 53,325 | 57,709
Jennie-O Turkey Store | 29,225 | 28,262 | 27,091
Specialty Foods | 5,165 | 11,075 | 8,999
International & Other | 3,969 | 3,372 | 3,541
Corporate | 10,655 | 10,428 | 6,821
Total | $ 131,968 | $ 133,434 | $ 130,044
Schedule of percentages of total revenues contributed by classes of similar products |
| Fiscal Year Ended
| October 30, | October 25, | October 26,
| 2016 | 2015 | 2014
Perishable | 53.1% | 53.0% | 54.5%
Poultry | 20.5 | 18.6 | 18.4
Shelf-stable | 18.2 | 18.4 | 19.0
Miscellaneous | 8.2 | 10.0 | 8.1
| 100.0% | 100.0% | 100.0%
Schedule of total revenues attributable to U.S. and all foreign countries |
| Fiscal Year Ended
| October 30, | October 25, | October 26,
(in thousands) | 2016 | 2015 | 2014
United States | $ 9,012,797 | $ 8,721,722 | $ 8,708,042
Foreign | 510,427 | 542,141 | 608,214
| $ 9,523,224 | $ 9,263,863 | $ 9,316,256

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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