XML 55 R59.htm IDEA: XBRL DOCUMENT
v3.19.2

FAIR VALUE MEASUREMENTS - Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands | Jul. 28, 2019 | Oct. 28, 2018
--- | --- | ---
Methods and assumptions used to estimate the fair value of the financial assets and liabilities |  |
Recognized right to reclaim net cash collateral | $ 2,200 | $ 4,600
Realized gains (losses) on closed positions | 9,700 | (100)
Recognized right to reclaim net cash collateral, cash portion | (7,500) | 4,700
Fair value, long-term debt |  |
Fair value of long-term debt (including current maturities) | 260,000 | 631,300
Recurring basis |  |
Assets at Fair Value |  |
Cash and cash equivalents | 560,199 | 459,136
Short-term marketable securities | 14,064 |
Other trading securities | 157,114 | 137,311
Total Assets at Fair Value | 740,932 | 601,058
Liabilities at Fair Value |  |
Deferred compensation | 61,309 | 60,181
Total Liabilities at Fair Value | 61,309 | 60,181
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |
Assets at Fair Value |  |
Cash and cash equivalents | 559,009 | 459,136
Short-term marketable securities | 4,683 |
Other trading securities | 0 | 0
Total Assets at Fair Value | 573,039 | 463,747
Liabilities at Fair Value |  |
Deferred compensation | 0 | 0
Total Liabilities at Fair Value | 0 | 0
Recurring basis | Significant Other Observable Inputs (Level 2) |  |
Assets at Fair Value |  |
Cash and cash equivalents | 1,190 | 0
Short-term marketable securities | 9,381 |
Other trading securities | 157,114 | 137,311
Total Assets at Fair Value | 167,893 | 137,311
Liabilities at Fair Value |  |
Deferred compensation | 61,309 | 60,181
Total Liabilities at Fair Value | 61,309 | 60,181
Recurring basis | Significant Unobservable Inputs (Level 3) |  |
Assets at Fair Value |  |
Cash and cash equivalents | 0 | 0
Short-term marketable securities | 0 |
Other trading securities | 0 | 0
Total Assets at Fair Value | 0 | 0
Liabilities at Fair Value |  |
Deferred compensation | 0 | 0
Total Liabilities at Fair Value | 0 | 0
Recurring basis | Commodity contracts |  |
Assets at Fair Value |  |
Commodity derivatives | 9,555 | 4,611
Recurring basis | Commodity contracts | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |
Assets at Fair Value |  |
Commodity derivatives | 9,347 | 4,611
Recurring basis | Commodity contracts | Significant Other Observable Inputs (Level 2) |  |
Assets at Fair Value |  |
Commodity derivatives | 208 | 0
Recurring basis | Commodity contracts | Significant Unobservable Inputs (Level 3) |  |
Assets at Fair Value |  |
Commodity derivatives | $ 0 | $ 0

X
- Definition Amount of realized (gain) loss on closed derivatives either held in closed Other Comprehensive Income (Loss) or recognized in the Income Statement for the fiscal year. + References No definition available. + Details
Name: | hrl_AccumulatedGainLossOnClosedDerivatives
Namespace Prefix: | hrl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Derivative, Collateral, Right To Reclaim Cash, Cash Portion + References No definition available. + Details
Name: | hrl_DerivativeCollateralRightToReclaimCashCashPortion
Namespace Prefix: | hrl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | hrl_FairValueMethodologyAndAssumptionsAbstract
Namespace Prefix: | hrl_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_AssetsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_AssetsFairValueDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of cash, securities, or other assets held by a third-party trustee pursuant to the terms of an agreement which assets are available to be used by beneficiaries to that agreement only within the specific terms thereof and which agreement is expected to terminate more than one year from the balance sheet date (or operating cycle, if longer) at which time the assets held-in-trust will be released or forfeited. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(b)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_AssetsHeldInTrustNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109979856&loc=d3e26610-111562 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27161-111563 + Details
Name: | us-gaap_AvailableForSaleSecuritiesDebtSecurities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References No definition available. + Details
Name: | us-gaap_CashAndCashEquivalentsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Aggregate carrying value as of the balance sheet date of the liabilities for deferred compensation arrangements payable after one year (or the normal operating cycle, if longer). Represents currently earned compensation under cash arrangements (such as a profit-sharing plan, rabbi trust, and employee contract--excluding equity-based arrangements) that is not actually paid until a later date. + References No definition available. + Details
Name: | us-gaap_DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeAssetsCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of right to receive cash collateral under master netting arrangements that have not been offset against derivative liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226016-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (d)(2) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeCollateralRightToReclaimCash
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of financial and nonfinancial obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_LiabilitiesFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_LiabilitiesFairValueDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. + References No definition available. + Details
Name: | us-gaap_LongTermDebtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CommodityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |