$HRL
HORMEL FOODS CORP /DE/

2019 Q3 Form 10-Q Financial Statement

#000004846519000041 Filed on September 03, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2018 Q3
Revenue $2.291B $2.345B $2.359B
YoY Change -2.9% 0.61% 6.88%
Cost Of Revenue $1.857B $1.876B $1.904B
YoY Change -2.46% 2.06% 8.5%
Gross Profit $433.4M $469.1M $455.0M
YoY Change -4.75% -4.8% 0.58%
Gross Profit Margin 18.92% 20.01% 19.29%
Selling, General & Admin $180.2M $170.1M $211.5M
YoY Change -14.81% -16.85% 19.72%
% of Gross Profit 41.57% 36.25% 46.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $41.40M $40.80M $40.80M
YoY Change 1.47% -0.73% 24.39%
% of Gross Profit 9.55% 8.7% 8.97%
Operating Expenses $180.2M $170.1M $211.5M
YoY Change -14.81% -16.85% 19.72%
Operating Profit $256.7M $312.4M $256.7M
YoY Change -0.01% 3.52% -8.23%
Interest Expense $3.213M $5.615M $8.435M
YoY Change -61.91% -19.8% 175.92%
% of Operating Profit 1.25% 1.8% 3.29%
Other Income/Expense, Net $7.556M $11.30M $9.477M
YoY Change -20.27% 426.91% 588.74%
Pretax Income $261.0M $318.0M $257.7M
YoY Change 1.27% 7.13% -7.3%
Income Tax $61.57M $35.41M $47.38M
% Of Pretax Income 23.59% 11.13% 18.38%
Net Earnings $199.4M $282.4M $210.2M
YoY Change -5.13% 18.98% 15.2%
Net Earnings / Revenue 8.71% 12.05% 8.91%
Basic Earnings Per Share $0.37 $0.53 $0.40
Diluted Earnings Per Share $0.37 $0.52 $0.39
COMMON SHARES
Basic Shares Outstanding 534.2M shares 535.5M shares 530.6M shares
Diluted Shares Outstanding 543.7M shares 546.3M shares 543.8M shares

Balance Sheet

Concept 2019 Q3 2019 Q2 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $574.3M $646.0M $269.0M
YoY Change 113.49% 146.94% -57.52%
Cash & Equivalents $560.2M $639.3M $269.0M
Short-Term Investments $14.10M $6.700M
Other Short-Term Assets $11.34M $12.13M $5.920M
YoY Change 91.47% 136.12% -72.47%
Inventory $1.109B $1.031B $1.001B
Prepaid Expenses $22.61M $24.22M $14.54M
Receivables $528.6M $537.4M $559.2M
Other Receivables $700.0K $300.0K $4.600M
Total Short-Term Assets $2.246B $2.251B $1.854B
YoY Change 21.12% 21.61% -16.36%
LONG-TERM ASSETS
Property, Plant & Equipment $1.516B $1.495B $1.410B
YoY Change 7.52% 10.39% 33.79%
Goodwill $2.487B $2.487B $2.735B
YoY Change -9.04% -8.98%
Intangibles $1.038B $1.040B $1.237B
YoY Change -16.07% -16.85%
Long-Term Investments $279.3M $276.5M $276.5M
YoY Change 1.01% 4.1% 11.45%
Other Assets $177.5M $181.8M $192.8M
YoY Change -7.91% -5.45% -31.96%
Total Long-Term Assets $5.709B $5.685B $6.041B
YoY Change -5.5% -4.92% 40.79%
TOTAL ASSETS
Total Short-Term Assets $2.246B $2.251B $1.854B
Total Long-Term Assets $5.709B $5.685B $6.041B
Total Assets $7.955B $7.936B $7.895B
YoY Change 0.75% 1.35% 21.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $513.4M $523.7M $489.0M
YoY Change 4.99% 12.48% 16.09%
Accrued Expenses $56.38M $59.14M $58.42M
YoY Change -3.49% -5.57% -87.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $95.00M
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.073B $1.052B $1.097B
YoY Change -2.16% -8.43% 24.95%
LONG-TERM LIABILITIES
Long-Term Debt $250.0M $250.0M $624.8M
YoY Change -59.99% -59.98% 149.92%
Other Long-Term Liabilities $102.1M $101.4M $104.1M
YoY Change -1.87% -2.69% -83.14%
Total Long-Term Liabilities $352.1M $351.4M $728.9M
YoY Change -51.69% -51.8% -15.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.073B $1.052B $1.097B
Total Long-Term Liabilities $352.1M $351.4M $728.9M
Total Liabilities $1.425B $1.403B $1.826B
YoY Change -21.94% -25.27% 3.83%
SHAREHOLDERS EQUITY
Retained Earnings $5.984B $6.004B $5.615B
YoY Change 6.58% 9.07%
Common Stock $7.818M $7.854M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.887B $5.897B $5.392B
YoY Change
Total Liabilities & Shareholders Equity $7.955B $7.936B $7.895B
YoY Change 0.75% 1.35% 21.32%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2018 Q3
OPERATING ACTIVITIES
Net Income $199.4M $282.4M $210.2M
YoY Change -5.13% 18.98% 15.2%
Depreciation, Depletion And Amortization $41.40M $40.80M $40.80M
YoY Change 1.47% -0.73% 24.39%
Cash From Operating Activities $207.3M $178.2M $299.9M
YoY Change -30.88% 28.11% 19.58%
INVESTING ACTIVITIES
Capital Expenditures -$66.60M -$48.20M -$102.8M
YoY Change -35.21% -44.91% 147.71%
Acquisitions
YoY Change
Other Investing Activities -$3.200M $474.6M -$6.700M
YoY Change -52.24% 7433.33% -658.33%
Cash From Investing Activities -$69.90M $426.5M -$109.5M
YoY Change -36.16% -625.25% 171.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -215.5M -481.6M -178.6M
YoY Change 20.66% 164.18% 38.13%
NET CHANGE
Cash From Operating Activities 207.3M 178.2M 299.9M
Cash From Investing Activities -69.90M 426.5M -109.5M
Cash From Financing Activities -215.5M -481.6M -178.6M
Net Change In Cash -78.10M 123.1M 11.80M
YoY Change -761.86% -198.95% -85.47%
FREE CASH FLOW
Cash From Operating Activities $207.3M $178.2M $299.9M
Capital Expenditures -$66.60M -$48.20M -$102.8M
Free Cash Flow $273.9M $226.4M $402.7M
YoY Change -31.98% -0.09% 37.77%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-27
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Entity Central Index Key
EntityCentralIndexKey
0000048465
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1875
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.5625
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.63
CY2018Q3 us-gaap Investments In And Advances To Affiliates Dividends Or Interest
InvestmentsInAndAdvancesToAffiliatesDividendsOrInterest
10000000 USD
us-gaap Investments In And Advances To Affiliates Dividends Or Interest
InvestmentsInAndAdvancesToAffiliatesDividendsOrInterest
20000000 USD
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
160000000 shares
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
160000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2019-07-28
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-2402
dei Local Phone Number
LocalPhoneNumber
437-5611
dei Entity Registrant Name
EntityRegistrantName
HORMEL FOODS CORPORATION
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
41-0319970
dei Entity Address Address Line1
EntityAddressAddressLine1
1 Hormel Place
dei Entity Address City Or Town
EntityAddressCityOrTown
Austin
dei Entity Address State Or Province
EntityAddressStateOrProvince
MN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
55912
dei City Area Code
CityAreaCode
507
dei Security12b Title
Security12bTitle
Common Stock
dei Trading Symbol
TradingSymbol
HRL
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
560199000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
459136000 USD
CY2019Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
14064000 USD
CY2018Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
0 USD
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
528583000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
600438000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
1108514000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
963527000 USD
CY2019Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
667000 USD
CY2018Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
3995000 USD
CY2019Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
22606000 USD
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
16342000 USD
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
11335000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
6662000 USD
CY2019Q3 us-gaap Assets Current
AssetsCurrent
2245968000 USD
CY2018Q4 us-gaap Assets Current
AssetsCurrent
2050100000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
2487289000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
2714116000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1038127000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1207219000 USD
CY2019Q3 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
210012000 USD
CY2018Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
195153000 USD
CY2019Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
279265000 USD
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
273153000 USD
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
177529000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
189951000 USD
CY2019Q3 us-gaap Land
Land
49801000 USD
CY2018Q4 us-gaap Land
Land
50332000 USD
CY2019Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1035755000 USD
CY2018Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
956260000 USD
CY2019Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1887368000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1863020000 USD
CY2019Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
242369000 USD
CY2019Q3 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
115744000 USD
CY2019Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
492860000 USD
CY2018Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
332205000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1698907000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1689217000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1516386000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1512600000 USD
CY2019Q3 us-gaap Assets
Assets
7954576000 USD
CY2018Q4 us-gaap Assets
Assets
8142292000 USD
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
513372000 USD
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
618830000 USD
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
56378000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
48298000 USD
CY2019Q3 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
25515000 USD
CY2018Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
24594000 USD
CY2019Q3 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
134652000 USD
CY2018Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
118887000 USD
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
193049000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
224736000 USD
CY2019Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
34377000 USD
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
2490000 USD
CY2018Q4 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
101079000 USD
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1073087000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1138914000 USD
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
250000000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
624840000 USD
CY2018Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
477557000 USD
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
102140000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
99070000 USD
CY2019Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
145154000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
197093000 USD
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
7818000 USD
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
7825000 USD
CY2019Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
170143000 USD
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
106528000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-275195000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-243498000 USD
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5984305000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5729956000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
5887071000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
5600811000 USD
CY2019Q3 us-gaap Minority Interest
MinorityInterest
4264000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
4007000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5891335000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5604818000 USD
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7954576000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8142292000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2290705000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2359142000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6995804000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
7021003000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1857263000 USD
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1904096000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
5604879000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
5574858000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
433442000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
455046000 USD
us-gaap Gross Profit
GrossProfit
1390925000 USD
us-gaap Gross Profit
GrossProfit
1446145000 USD
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
180169000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
211497000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
543789000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
635918000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3384000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
13141000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
28133000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
50158000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
256657000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
256690000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
875269000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
860385000 USD
CY2019Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
7556000 USD
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
9477000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
25727000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
19560000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
3213000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
8435000 USD
us-gaap Interest Expense
InterestExpense
14975000 USD
us-gaap Interest Expense
InterestExpense
20165000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
261000000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
257732000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
886021000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
859780000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
534188000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
530606000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
534721000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
529953000 shares
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
61573000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47379000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
162439000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
108694000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
199427000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
210353000 USD
us-gaap Profit Loss
ProfitLoss
723582000 USD
us-gaap Profit Loss
ProfitLoss
751086000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-22000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
110000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
279000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
352000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
199449000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
210243000 USD
us-gaap Net Income Loss
NetIncomeLoss
723303000 USD
us-gaap Net Income Loss
NetIncomeLoss
750734000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.42
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
543678000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
543762000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
545709000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
543352000 shares
CY2019Q3 us-gaap Profit Loss
ProfitLoss
199427000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
210353000 USD
us-gaap Profit Loss
ProfitLoss
723582000 USD
us-gaap Profit Loss
ProfitLoss
751086000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1051000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-17209000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6696000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-8201000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1768000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2393000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6977000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-7366000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2061000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-9010000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
8407000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-10273000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2778000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-23826000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
22080000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-11108000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
202205000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
186527000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
745662000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
739978000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-184000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-261000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
257000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
377000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
202389000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
186788000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
745405000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
739601000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5291633000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
210353000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-23826000 USD
CY2018Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6265000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
10754000 USD
CY2018Q3 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2018Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
99411000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5395768000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5901784000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
199427000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2778000 USD
CY2019Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
106624000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3193000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3828000 USD
CY2019Q3 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
113051000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5891335000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4939697000 USD
us-gaap Profit Loss
ProfitLoss
751086000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-11108000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
44741000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17656000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
41430000 USD
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
298252000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5395768000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5604818000 USD
us-gaap Profit Loss
ProfitLoss
723582000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
22080000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
174246000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16707000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
48251000 USD
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
337946000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5891335000 USD
us-gaap Profit Loss
ProfitLoss
723582000 USD
us-gaap Profit Loss
ProfitLoss
751086000 USD
us-gaap Depreciation
Depreciation
113278000 USD
us-gaap Depreciation
Depreciation
111586000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8937000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9522000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
28133000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
50158000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
20000000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
20023000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-37921000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-56110000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1046000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1330000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
16469000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
hrl Noncash Investment Activities
NoncashInvestmentActivities
19778000 USD
hrl Noncash Investment Activities
NoncashInvestmentActivities
9696000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
16707000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
17656000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-41309000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-78730000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
190064000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
48927000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
589000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12863000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
36258000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
7242000 USD
hrl Decrease Increase In Investments Equity In Affiliates And Other Assets
DecreaseIncreaseInInvestmentsEquityInAffiliatesAndOtherAssets
3542000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
8473000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
163000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-94348000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-84182000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
28974000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
17705000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
572912000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
743205000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
13884000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
473885000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
857668000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
154231000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
243975000 USD
hrl Decrease Increase In Investments Equity In Affiliates And Other Assets
DecreaseIncreaseInInvestmentsEquityInAffiliatesAndOtherAssets
6863000 USD
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
16455000 USD
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
5294000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
354941000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1095970000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
95000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
375000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
374840000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
199000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
324971000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
288515000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
174246000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
44741000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
48107000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
40732000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-825950000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
177277000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-840000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
348000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
101063000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-175140000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
459136000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
444122000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
560199000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
268982000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications: </span>Certain reclassifications of previously reported amounts have been made to conform to the current year presentation.
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
665028000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
525628000 USD
CY2019Q3 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
254629000 USD
CY2018Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
247495000 USD
CY2019Q3 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
122712000 USD
CY2018Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
126644000 USD
CY2019Q3 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
66145000 USD
CY2018Q4 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
63760000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
1108514000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
963527000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
2486635000 USD
CY2019Q3 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
654000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
2487289000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
2714116000 USD
CY2018Q4 hrl Goodwill Segment Reclassification
GoodwillSegmentReclassification
0 USD
CY2018Q4 hrl Goodwill Adjusted Balance
GoodwillAdjustedBalance
2714116000 USD
us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
230017000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
3190000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
2487289000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
143194000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
40797000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2600000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8900000 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3300000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9500000 USD
CY2019Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
956754000 USD
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1104822000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
120696000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
39323000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
11700000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10700000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10700000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10400000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
9500000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
9000000.0 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1857263000 USD
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1904096000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
5604879000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
5574858000 USD
CY2019Q3 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
1283000 USD
CY2018Q3 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
388000 USD
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
-1323000 USD
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
2104000 USD
CY2019Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
279265000 USD
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
273153000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3384000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
13141000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
28133000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
50158000 USD
CY2019Q3 us-gaap Investments In And Advances To Affiliates Dividends Or Interest
InvestmentsInAndAdvancesToAffiliatesDividendsOrInterest
10000000.0 USD
us-gaap Investments In And Advances To Affiliates Dividends Or Interest
InvestmentsInAndAdvancesToAffiliatesDividendsOrInterest
20000000.0 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.234
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.236
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.183
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.184
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.126
CY2019Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
28500000 USD
CY2018Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
26000000.0 USD
CY2018Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
200000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
600000 USD
CY2019Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6800000 USD
CY2018Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6300000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3200000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16700000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6300000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17700000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
31300000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y9M18D
CY2019Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3800000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
48100000 USD
CY2018Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10700000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
40700000 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2019Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
2200000 USD
CY2018Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
4600000 USD
CY2019Q3 hrl Accumulated Gain Loss On Closed Derivatives
AccumulatedGainLossOnClosedDerivatives
9700000 USD
CY2019Q3 hrl Derivative Collateral Right To Reclaim Cash Cash Portion
DerivativeCollateralRightToReclaimCashCashPortion
-7500000 USD
CY2018Q4 hrl Derivative Collateral Right To Reclaim Cash Cash Portion
DerivativeCollateralRightToReclaimCashCashPortion
4700000 USD
CY2018Q4 hrl Accumulated Gain Loss On Closed Derivatives
AccumulatedGainLossOnClosedDerivatives
-100000 USD
CY2019Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
260000000.0 USD
CY2018Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
631300000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
534188000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
530606000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
534721000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
529953000 shares
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
9490000 shares
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
13156000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10988000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
13399000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
543678000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
543762000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
545709000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
543352000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5900000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000000.0 shares
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10600000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7600000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2290705000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2359142000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6995804000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
7021003000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2290705000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2359142000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6995804000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
7021003000 USD
CY2019Q3 hrl Net Unallocated Expense
NetUnallocatedExpense
9584000 USD
CY2018Q3 hrl Net Unallocated Expense
NetUnallocatedExpense
19686000 USD
hrl Net Unallocated Expense
NetUnallocatedExpense
297000 USD
hrl Net Unallocated Expense
NetUnallocatedExpense
48384000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-22000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
110000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
279000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
352000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2290705000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2359142000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6995804000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
7021003000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
261000000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
257732000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
886021000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
859780000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2290705000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2359142000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6995804000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
7021003000 USD

Files In Submission

Name View Source Status
0000048465-19-000041-index-headers.html Edgar Link pending
0000048465-19-000041-index.html Edgar Link pending
0000048465-19-000041.txt Edgar Link pending
0000048465-19-000041-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
hrl-20190728.xsd Edgar Link pending
hrl-20190728x10q.htm Edgar Link pending
hrl-20190728x10q_htm.xml Edgar Link completed
hrl-20190728xex311.htm Edgar Link pending
hrl-20190728xex312.htm Edgar Link pending
hrl-20190728xex321.htm Edgar Link pending
hrl-20190728_cal.xml Edgar Link unprocessable
hrl-20190728_def.xml Edgar Link unprocessable
hrl-20190728_lab.xml Edgar Link unprocessable
hrl-20190728_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending