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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDER’S EQUITY - USD ($)
$ in Millions
Total
Total Shareholders’ Equity
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2023   $ 7,241 $ 4,152 $ 3,588 $ (500)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Dividend   (269)   (269)  
European operations carve-out $ 143 (2,054) (1,125) (1,071) 143
Adjustment to redeemable noncontrolling interests   (58) (58)    
Other   (1) (1)    
Comprehensive income:          
Net income attributable to Smithfield 749 749   749  
Other comprehensive income (loss), net of tax (6) (6)     (6)
Ending balance at Sep. 30, 2024   5,601 2,967 2,997 (363)
Beginning balance at Jun. 30, 2024   7,436 4,117 3,864 (545)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Dividend   (88)   (88)  
European operations carve-out 143 (2,054) (1,125) (1,071) 143
Adjustment to redeemable noncontrolling interests   (24) (24)    
Comprehensive income:          
Net income attributable to Smithfield 291 291   291  
Other comprehensive income (loss), net of tax 39 39     39
Ending balance at Sep. 30, 2024   5,601 2,967 2,997 (363)
Beginning balance at Dec. 29, 2024 5,834 5,834 3,102 3,184 (452)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Dividend   (296)   (296)  
Adjustment to redeemable noncontrolling interests   (6) (6)    
Net proceeds from issuance of common stock   236 236    
Stock compensation expense   6 6    
Other   (6) (6)    
Comprehensive income:          
Net income attributable to Smithfield 660 660   660  
Other comprehensive income (loss), net of tax 38 38     38
Ending balance at Sep. 28, 2025 6,466 6,466 3,333 3,548 (414)
Beginning balance at Jun. 29, 2025   6,301 3,335 3,398 (432)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Dividend   (99)   (99)  
Adjustment to redeemable noncontrolling interests   (5) (5)    
Stock compensation expense   2 2    
Comprehensive income:          
Net income attributable to Smithfield 248 248   248  
Other comprehensive income (loss), net of tax 18 18     18
Ending balance at Sep. 28, 2025 $ 6,466 $ 6,466 $ 3,333 $ 3,548 $ (414)