XML 43 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1

SEGMENT REPORTING (Tables)

3 Months Ended

Jan. 28, 2018

Segment Reporting [Abstract]

Schedule of sales and operating profits for each of the reportable segments and reconciliation to earnings before income taxes

	Three Months Ended
(in thousands)	January 28, 2018				January 29, 2017
Sales to Unaffiliated Customers
Grocery Products	$	613,870			$	610,374
Refrigerated Foods	1,176,456				1,123,039
Jennie-O Turkey Store	390,648				420,989
International & Other	150,319				125,825
Total	$	2,331,293			$	2,280,227
Intersegment Sales
Grocery Products	$	4			$	5
Refrigerated Foods	2,164				2,139
Jennie-O Turkey Store	24,689				28,256
International & Other	—				—
Total	26,857				30,400
Intersegment elimination	(26,857		)		(30,400		)
Total	$	—			$	—
Net Sales
Grocery Products	$	613,874			$	610,379
Refrigerated Foods	1,178,620				1,125,178
Jennie-O Turkey Store	415,337				449,245
International & Other	150,319				125,825
Intersegment elimination	(26,857		)		(30,400		)
Total	$	2,331,293			$	2,280,227
Segment Operating Profit
Grocery Products	$	99,977			$	92,376
Refrigerated Foods	142,949				173,808
Jennie-O Turkey Store	49,874				68,180
International & Other	24,655				25,463
Total segment operating profit	317,455				359,827
Net interest and investment expense (income)	1,423				577
General corporate expense	10,971				4,621
Less: Noncontrolling interest	104				156
Earnings Before Income Taxes	$	305,165			$	354,785

X

- 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

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration