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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 29, 2024
Dec. 31, 2023
Jan. 01, 2023
Income Statement [Abstract]      
Sales $ 14,142,000 $ 14,640,000 $ 16,199,000
Cost of sales 12,244,000 13,751,000 14,704,000
Gross profit 1,897,000 889,000 1,495,000
Selling, general and administrative expenses 840,000 1,050,000 807,000
Operating gains (60,000) (105,000) (429,000)
Operating profit (loss) 1,118,000 (56,000) 1,117,000
Interest expense, net 66,000 76,000 87,000
Non-operating gains (9,000) (3,000) (18,000)
Total income (loss) from continuing operations before income taxes 1,061,000 (129,000) 1,047,000
Income tax expense (benefit) 271,000 (41,000) 231,000
(Income) loss from equity method investments (8,000) 46,000 6,000
Net income (loss) from continuing operations 798,000 (133,000) 811,000
Net income from continuing operations attributable to noncontrolling interests 14,000 5,000 11,000
Net income (loss) from continuing operations attributable to Smithfield 783,000 (138,000) 800,000
Income from discontinued operations before income taxes 184,000 185,000 97,000
Income tax expense from discontinued operations 13,000 30,000 27,000
Net income from discontinued operations 172,000 155,000 70,000
Net income from discontinued operations attributable to noncontrolling interests 2,000 0 0
Net income from discontinued operations attributable to Smithfield 170,000 155,000 70,000
Net income 970,000 23,000 881,000
Net income attributable to noncontrolling interests 17,000 5,000 11,000
Net income attributable to Smithfield $ 953,000 $ 17,000 $ 870,000
Basic and diluted:      
Continuing operations, basic (in dollars per share) $ 2.06 $ (0.36) $ 2.10
Continuing operations, diluted (in dollars per share) 2.06 (0.36) 2.10
Discontinued operations, basic (in dollars per share) 0.45 0.41 0.18
Discontinued operations, diluted (in dollars per share) 0.45 0.41 0.18
Total, diluted (in dollars per share) 2.51 0.05 2.29
Total, basic (in dollars per share) $ 2.51 $ 0.05 $ 2.29
Weighted average shares outstanding      
Basic (in shares) 380,069,232 380,069,232 380,069,232
Diluted (in shares) 380,069,232 380,069,232 380,069,232