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Investments In and Receivables From Affiliates | 12 Months Ended
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Oct. 30, 2022
Equity Method Investments and Joint Ventures [Abstract] |
Investments In and Receivables From Affiliates | Investments In and Receivables From Affiliates Investments In and Receivables from Affiliates consists of:
In thousands | Segment | Percent Owned |  | October 30, 2022 |  | October 31, 2021
MegaMex Foods, LLC | Grocery Products | 50% |  | $ | 182,939 |  |  | $ | 205,413 |
Other Joint Ventures | International & Other | Various (20 – 50%) |  | 88,119 |  |  | 93,606 |
Total |  |  |  | $ | 271,058 |  |  | $ | 299,019 |
Equity in Earnings of Affiliates consists of:
In thousands | Segment |  | Fiscal Year Ended
| October 30, 2022 |  | October 31, 2021 |  | October 25, 2020
MegaMex Foods, LLC | Grocery Products |  | $ | 19,861 |  |  | $ | 38,178 |  |  | $ | 31,919 |
Other Joint Ventures | International & Other |  | 7,324 |  |  | 9,585 |  |  | 3,653 |
Total |  |  | $ | 27,185 |  |  | $ | 47,763 |  |  | $ | 35,572 |
Dividends received from affiliates for the fiscal years ended October 30, 2022, October 31, 2021, and October 25, 2020, were $43.0 million, $45.0 million, and $37.5 million, respectively. The Company recognized a basis difference of $21.3 million associated with the formation of MegaMex Foods, LLC, of which $10.2 million is remaining as of October 30, 2022. This difference is being amortized through Equity in Earnings of Affiliates.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI https://asc.fasb.org/topic&trid=2196965 + Details
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