Hormel Foods Corporation(NYSE:HRL) 
Hormel Foods Corporation produces and markets various meat and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & O...
Website: http://www.hormelfoods.com
Founded: 1891
Full Time Employees: 19,100
Sector: Consumer Defensive
Industry: Packaged Foods
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Quarterly
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| Unit: USD | 2026-04-26 | 2026-01-25 | 2025-10-26 | 2025-07-27 | 2025-04-27 | 2025-01-26 | 2024-10-27 | 2024-07-28 | 2024-04-28 | 2024-01-28 | 2023-10-29 | 2023-07-30 | 2023-04-30 | 2023-01-29 | 2022-10-30 | 2022-07-31 | 2022-05-01 | 2022-01-30 | 2021-10-31 | 2021-07-25 | 2021-04-25 | 2021-01-24 | 2020-10-25 | 2020-07-26 | 2020-04-26 | 2020-01-26 | 2019-10-27 | 2019-07-28 | 2019-04-28 | 2019-01-27 | 2018-10-28 | 2018-07-29 | 2018-04-29 | 2018-01-28 | 2017-10-29 | 2017-07-30 | 2017-04-30 | 2017-01-29 | 2016-10-30 | 2016-07-24 | 2016-04-24 | 2016-01-24 | 2015-10-25 | 2015-07-26 | 2015-04-26 | 2015-01-25 | 2014-10-26 | 2014-07-27 | 2014-04-27 | 2014-01-26 | 2013-10-27 | 2013-07-28 | 2013-04-28 | 2013-01-27 | 2012-10-28 | 2012-07-29 | 2012-04-29 | 2012-01-29 | 2011-10-30 | 2011-07-31 | 2011-05-01 | 2011-01-30 | 2010-10-31 | 2010-07-25 | 2010-04-25 | 2010-01-24 | 2009-10-25 | 2009-07-26 | 2009-04-26 | 2009-01-25 | 2008-07-27 | 2008-04-27 | 2008-01-27 | 2007-10-28 | 2007-07-29 | 2007-04-29 | 2007-01-28 | 2006-10-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 2,972,600,000 | 3,027,317,000 | 3,185,661,000 | 3,032,876,000 | 2,898,810,000 | 2,988,813,000 | 3,138,091,000 | 2,898,443,000 | 2,887,352,000 | 2,996,911,000 | 3,198,080,000 | 2,963,299,000 | 2,977,639,000 | 2,970,992,000 | 3,283,475,000 | 3,034,414,000 | 3,096,559,000 | 3,044,358,000 | 3,454,751,000 | 2,863,670,000 | 2,606,621,000 | 2,461,147,000 | 2,420,105,000 | 2,381,457,000 | 2,422,465,000 | 2,384,434,000 | 2,501,513,000 | 2,290,705,000 | 2,344,744,000 | 2,360,355,000 | 2,524,697,000 | 2,359,142,000 | 2,330,568,000 | 2,331,293,000 | 2,492,608,000 | 2,207,375,000 | 2,187,309,000 | 2,280,227,000 | 2,627,941,000 | 2,302,376,000 | 2,300,235,000 | 2,292,672,000 | 2,400,858,000 | 2,188,587,000 | 2,279,345,000 | 2,395,073,000 | 2,543,771,000 | 2,284,947,000 | 2,244,866,000 | 2,242,672,000 | 2,323,202,000 | 2,159,525,000 | 2,152,686,000 | 2,116,241,000 | 2,170,184,000 | 2,008,188,000 | 2,012,859,000 | 2,039,439,000 | 2,103,898,000 | 1,910,592,000 | 1,959,041,000 | 1,921,558,000 | 2,063,039,000 | 1,730,451,000 | 1,699,782,000 | 1,727,447,000 | 1,675,102,000 | 1,574,440,000 | 1,595,043,000 | 1,689,086,000 | 1,678,142,000 | 1,594,084,000 | 1,621,165,000 | 1,664,347,000 | 1,520,005,000 | 1,504,597,000 | 1,504,083,000 | |
yoy | 2.55% | 1.29% | 1.52% | 4.64% | 0.40% | -0.27% | -1.88% | -2.19% | -3.03% | 0.87% | -2.60% | -2.34% | -3.84% | -2.41% | -4.96% | 5.96% | 18.80% | 23.70% | 42.75% | 20.25% | 7.60% | 3.22% | -3.25% | 3.96% | 3.31% | 1.02% | -0.92% | -2.90% | 0.61% | 1.25% | 1.29% | 6.88% | 6.55% | 2.24% | -5.15% | -4.13% | -4.91% | -0.54% | 9.46% | 5.20% | 0.92% | -4.28% | -5.62% | -4.22% | 1.54% | 6.80% | 9.49% | 5.81% | 4.28% | 5.97% | 7.05% | 7.54% | 6.95% | 3.77% | 3.15% | 5.11% | 2.75% | 6.13% | 1.98% | 10.41% | 15.25% | 11.24% | 23.16% | 9.91% | 6.57% | 2.27% | -0.18% | -1.23% | -1.61% | 1.49% | 10.40% | 5.95% | 7.78% | |||||
qoq | -1.81% | -4.97% | 5.04% | 4.62% | -3.01% | -4.76% | 8.27% | 0.38% | -3.66% | -6.29% | 7.92% | -0.48% | 0.22% | -9.52% | 8.21% | -2.01% | 1.71% | -11.88% | 20.64% | 9.86% | 5.91% | 1.70% | 1.62% | -1.69% | 1.59% | -4.68% | 9.20% | -2.30% | -0.66% | -6.51% | 7.02% | 1.23% | -0.03% | -6.47% | 12.92% | 0.92% | -4.07% | -13.23% | 14.14% | 0.09% | 0.33% | -4.51% | 9.70% | -3.98% | -4.83% | -5.85% | 11.33% | 1.79% | 0.10% | -3.47% | 7.58% | 0.32% | 1.72% | -2.49% | 8.07% | -0.23% | -1.30% | -3.06% | 10.12% | -2.47% | 1.95% | -6.86% | 19.22% | 1.80% | -1.60% | 3.12% | 6.39% | -1.29% | -5.57% | 0.65% | 5.27% | -1.67% | -2.59% | 9.50% | 1.02% | 0.03% | ||
cost of products sold | 2,454,093,000 | 2,557,742,000 | 2,740,820,000 | 2,545,567,000 | 2,414,377,000 | 2,513,581,000 | 2,616,861,000 | 2,410,075,000 | 2,383,546,000 | 2,488,178,000 | 2,683,655,000 | 2,465,251,000 | 2,486,220,000 | 2,475,043,000 | 2,717,058,000 | 2,528,364,000 | 2,543,088,000 | 2,505,610,000 | 2,876,670,000 | 2,440,322,000 | 2,130,314,000 | 2,010,977,000 | 1,962,340,000 | 1,959,032,000 | 1,945,113,000 | 1,916,014,000 | 2,007,790,000 | 1,857,263,000 | 1,875,595,000 | 1,872,021,000 | 1,987,301,000 | 1,899,970,000 | 1,833,882,000 | 1,829,114,000 | 1,981,054,000 | 1,754,966,000 | 1,700,389,000 | 1,727,947,000 | 2,029,421,000 | 1,827,091,000 | 1,773,876,000 | 1,734,661,000 | 1,905,828,000 | 1,779,197,000 | 1,819,789,000 | 1,950,468,000 | 2,120,187,000 | 1,920,948,000 | 1,866,108,000 | 1,844,030,000 | 1,937,686,000 | 1,829,219,000 | 1,799,885,000 | 1,772,048,000 | 1,818,405,000 | 1,701,132,000 | 1,677,252,000 | 1,702,030,000 | 1,767,872,000 | 1,612,737,000 | 1,632,814,000 | 1,547,553,000 | 1,708,066,000 | 1,445,536,000 | 1,419,315,000 | 1,409,060,000 | 1,370,908,000 | 1,314,116,000 | 1,333,005,000 | 1,416,771,000 | 1,332,448,000 | 1,217,445,000 | 1,219,146,000 | 1,278,524,000 | 1,196,624,000 | 1,158,711,000 | 1,144,646,000 | |
gross profit | 518,507,000 | 469,575,000 | 444,841,000 | 487,309,000 | 484,433,000 | 475,232,000 | 521,230,000 | 488,369,000 | 503,806,000 | 508,733,000 | 514,424,000 | 498,048,000 | 491,419,000 | 495,949,000 | 566,417,000 | 506,049,000 | 553,471,000 | 538,749,000 | 578,081,000 | 423,348,000 | 476,307,000 | 450,170,000 | 457,765,000 | 422,426,000 | 477,352,000 | 468,421,000 | 493,723,000 | 433,442,000 | 469,149,000 | 488,334,000 | 537,396,000 | 459,172,000 | 496,686,000 | 502,179,000 | 511,554,000 | 452,409,000 | 486,920,000 | 552,280,000 | 598,520,000 | 475,285,000 | 526,359,000 | 558,011,000 | 495,030,000 | 409,390,000 | 459,556,000 | 444,605,000 | 423,584,000 | 363,999,000 | 378,758,000 | 398,642,000 | 385,516,000 | 330,306,000 | 352,801,000 | 344,193,000 | 351,779,000 | 307,056,000 | 335,607,000 | 337,409,000 | 336,026,000 | 297,855,000 | 326,227,000 | 374,005,000 | 354,973,000 | 284,915,000 | 280,467,000 | 318,387,000 | 304,194,000 | 260,324,000 | 262,038,000 | 272,315,000 | 345,694,000 | 376,639,000 | 402,019,000 | 385,823,000 | 323,381,000 | 345,886,000 | 359,437,000 | |
yoy | 7.03% | -1.19% | -14.66% | -0.22% | -3.85% | -6.59% | 1.32% | -1.94% | 2.52% | 2.58% | -9.18% | -1.58% | -11.21% | -7.94% | -2.02% | 19.53% | 16.20% | 19.68% | 26.28% | 0.22% | -0.22% | -3.90% | -7.28% | -2.54% | 1.75% | -4.08% | -8.13% | -5.60% | -5.54% | -2.76% | 5.05% | 1.49% | 2.01% | -9.07% | -14.53% | -4.81% | -7.49% | -1.03% | 20.91% | 16.10% | 14.54% | 25.51% | 16.87% | 12.47% | 21.33% | 11.53% | 9.87% | 10.20% | 7.36% | 15.82% | 9.59% | 7.57% | 5.12% | 2.01% | 4.69% | 3.09% | 2.88% | -9.78% | -5.34% | 4.54% | 16.32% | 17.47% | 16.69% | 9.45% | 7.03% | 16.92% | -12.00% | -30.88% | -34.82% | -29.42% | 6.90% | 8.89% | 11.85% | |||||
qoq | 10.42% | 5.56% | -8.71% | 0.59% | 1.94% | -8.82% | 6.73% | -3.06% | -0.97% | -1.11% | 3.29% | 1.35% | -0.91% | -12.44% | 11.93% | -8.57% | 2.73% | -6.80% | 36.55% | -11.12% | 5.81% | -1.66% | 8.37% | -11.51% | 1.91% | -5.12% | 13.91% | -7.61% | -3.93% | -9.13% | 17.04% | -7.55% | -1.09% | -1.83% | 13.07% | -7.09% | -11.83% | -7.73% | 25.93% | -9.70% | -5.67% | 12.72% | 20.92% | -10.92% | 3.36% | 4.96% | 16.37% | -3.90% | -4.99% | 3.40% | 16.71% | -6.38% | 2.50% | -2.16% | 14.57% | -8.51% | -0.53% | 0.41% | 12.82% | -8.70% | -12.77% | 5.36% | 24.59% | 1.59% | -11.91% | 4.67% | 16.85% | -0.65% | -3.77% | -21.23% | -8.22% | -6.31% | 4.20% | 19.31% | -6.51% | -3.77% | ||
gross margin % | 17.44% | 15.51% | 13.96% | 16.07% | 16.71% | 15.90% | 16.61% | 16.85% | 17.45% | 16.98% | 16.09% | 16.81% | 16.50% | 16.69% | 17.25% | 16.68% | 17.87% | 17.70% | 16.73% | 14.78% | 18.27% | 18.29% | 18.92% | 17.74% | 19.71% | 19.64% | 19.74% | 18.92% | 20.01% | 20.69% | 21.29% | 19.46% | 21.31% | 21.54% | 20.52% | 20.50% | 22.26% | 24.22% | 22.78% | 20.64% | 22.88% | 24.34% | 20.62% | 18.71% | 20.16% | 18.56% | 16.65% | 15.93% | 16.87% | 17.78% | 16.59% | 15.30% | 16.39% | 16.26% | 16.21% | 15.29% | 16.67% | 16.54% | 15.97% | 15.59% | 16.65% | 19.46% | 17.21% | 16.46% | 16.50% | 18.43% | 18.16% | 16.53% | 16.43% | 16.12% | 20.60% | 23.63% | 24.80% | 23.18% | 21.27% | 22.99% | 23.90% | |
selling, general, and administrative | 318,624,000 | 241,698,000 | 223,466,000 | 258,713,000 | 251,432,000 | 263,013,000 | 238,587,000 | 259,653,000 | 266,668,000 | 240,386,000 | 216,546,000 | 291,073,000 | 212,492,000 | 222,056,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of affiliates | 17,229,000 | 15,820,000 | -148,453,000 | 11,153,000 | 15,350,000 | 16,111,000 | 11,838,000 | 7,977,000 | 15,182,000 | 16,091,000 | 541,000 | 9,784,000 | 16,870,000 | 15,559,000 | 7,234,000 | 7,138,000 | 5,916,000 | 6,898,000 | 10,041,000 | 10,420,000 | 13,074,000 | 14,228,000 | 9,729,000 | 8,235,000 | 10,021,000 | 7,588,000 | 11,068,000 | 3,384,000 | 13,291,000 | 11,458,000 | 8,814,000 | 13,141,000 | 13,486,000 | 23,531,000 | 12,214,000 | 3,956,000 | 10,121,000 | 13,299,000 | 11,236,000 | 6,381,000 | 9,593,000 | 11,475,000 | 7,957,000 | 6,396,000 | 7,874,000 | 1,660,000 | 5,723,000 | 3,540,000 | 3,583,000 | 4,739,000 | 2,130,000 | 1,346,000 | 7,194,000 | 9,843,000 | 10,051,000 | 9,823,000 | 7,816,000 | 11,001,000 | 7,618,000 | 5,562,000 | 6,672,000 | 6,905,000 | 4,131,000 | 2,222,000 | 3,952,000 | 2,821,000 | 664,000 | 290,000 | 770,000 | 241,000 | 821,000 | 2,369,000 | 1,386,000 | 1,212,000 | 903,000 | |||
operating income | 217,112,000 | 243,697,000 | 2,173,000 | 239,748,000 | 248,352,000 | 228,330,000 | 294,480,000 | 236,693,000 | 252,320,000 | 284,438,000 | 270,037,000 | 216,759,000 | 295,798,000 | 289,452,000 | 367,164,000 | 291,040,000 | 334,728,000 | 319,675,000 | 357,682,000 | 207,484,000 | 289,415,000 | 268,018,000 | 276,697,000 | 249,576,000 | 293,460,000 | 280,488,000 | 320,996,000 | 256,657,000 | 312,364,000 | 306,248,000 | 324,394,000 | 261,566,000 | 306,373,000 | 306,588,000 | 329,370,000 | 279,705,000 | 316,032,000 | 355,362,000 | 365,750,000 | 274,790,000 | 323,817,000 | 359,538,000 | 292,498,000 | 231,159,000 | 277,697,000 | 265,966,000 | 263,368,000 | 214,504,000 | 216,556,000 | 237,192,000 | 240,202,000 | 180,653,000 | 186,929,000 | 198,205,000 | 202,145,000 | 171,857,000 | 194,739,000 | 195,933,000 | 186,950,000 | 146,822,000 | 172,763,000 | 235,749,000 | 192,648,000 | 140,614,000 | 137,637,000 | 175,676,000 | 162,154,000 | 118,604,000 | 122,962,000 | 129,694,000 | 94,031,000 | 124,553,000 | 150,969,000 | 155,680,000 | 95,539,000 | 112,915,000 | 119,786,000 | |
yoy | -12.58% | 6.73% | -99.26% | 1.29% | -1.57% | -19.73% | 9.05% | 9.20% | -14.70% | -1.73% | -26.45% | -25.52% | -11.63% | -9.45% | 2.65% | 40.27% | 15.66% | 19.27% | 29.27% | -16.87% | -1.38% | -4.45% | -13.80% | -2.76% | -6.05% | -8.41% | -1.05% | -1.88% | 1.96% | -0.11% | -1.51% | -6.49% | -3.06% | -13.73% | -9.95% | 1.79% | -2.40% | -1.16% | 25.04% | 18.87% | 16.61% | 35.18% | 11.06% | 7.76% | 28.23% | 12.13% | 9.64% | 18.74% | 15.85% | 19.67% | 18.83% | 5.12% | -4.01% | 1.16% | 8.13% | 17.05% | 12.72% | -16.89% | -2.96% | 4.41% | 25.52% | 34.20% | 18.81% | 18.56% | 11.93% | 35.45% | 72.45% | -4.78% | -18.55% | -16.69% | -1.58% | 10.31% | 26.03% | |||||
qoq | -10.91% | 11114.77% | -99.09% | -3.46% | 8.77% | -22.46% | 24.41% | -6.19% | -11.29% | 5.33% | 24.58% | -26.72% | 2.19% | -21.17% | 26.16% | -13.05% | 4.71% | -10.63% | 72.39% | -28.31% | 7.98% | -3.14% | 10.87% | -14.95% | 4.62% | -12.62% | 25.07% | -17.83% | 2.00% | -5.59% | 24.02% | -14.62% | -0.07% | -6.92% | 17.76% | -11.49% | -11.07% | -2.84% | 33.10% | -15.14% | -9.94% | 22.92% | 26.54% | -16.76% | 4.41% | 0.99% | 22.78% | -0.95% | -8.70% | -1.25% | 32.96% | -3.36% | -5.69% | -1.95% | 17.62% | -11.75% | -0.61% | 4.81% | 27.33% | -15.02% | -26.72% | 22.37% | 37.00% | 2.16% | -21.65% | 8.34% | 36.72% | -3.54% | -5.19% | 37.93% | -24.51% | -17.50% | -3.03% | 62.95% | -15.39% | -5.74% | ||
operating margin % | 7.30% | 8.05% | 0.07% | 7.90% | 8.57% | 7.64% | 9.38% | 8.17% | 8.74% | 9.49% | 8.44% | 7.31% | 9.93% | 9.74% | 11.18% | 9.59% | 10.81% | 10.50% | 10.35% | 7.25% | 11.10% | 10.89% | 11.43% | 10.48% | 12.11% | 11.76% | 12.83% | 11.20% | 13.32% | 12.97% | 12.85% | 11.09% | 13.15% | 13.15% | 13.21% | 12.67% | 14.45% | 15.58% | 13.92% | 11.94% | 14.08% | 15.68% | 12.18% | 10.56% | 12.18% | 11.10% | 10.35% | 9.39% | 9.65% | 10.58% | 10.34% | 8.37% | 8.68% | 9.37% | 9.31% | 8.56% | 9.67% | 9.61% | 8.89% | 7.68% | 8.82% | 12.27% | 9.34% | 8.13% | 8.10% | 10.17% | 9.68% | 7.53% | 7.71% | 7.68% | 5.60% | 7.81% | 9.31% | 9.35% | 6.29% | 7.50% | 7.96% | |
interest income | 6,479,000 | 6,528,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 19,822,000 | 19,728,000 | 19,600,000 | 19,461,000 | 19,516,000 | 19,462,000 | 19,430,000 | 21,459,000 | 21,679,000 | 18,326,000 | 18,360,000 | 18,372,000 | 18,323,000 | 18,347,000 | 17,602,000 | 15,615,000 | 14,658,000 | -14,640,000 | -15,589,000 | -11,703,000 | -7,788,000 | -8,227,000 | -8,271,000 | -5,724,000 | -3,497,000 | -3,577,000 | -3,095,000 | -3,213,000 | -5,615,000 | -6,147,000 | -6,329,000 | -8,435,000 | -7,001,000 | -4,729,000 | -3,577,000 | -3,057,000 | -3,023,000 | -3,026,000 | -3,029,000 | -3,407,000 | -2,322,500 | -3,129,000 | -3,083,000 | -3,078,000 | -2,328,000 | -3,125,000 | -3,093,000 | -3,094,000 | -2,426,000 | -3,207,000 | -3,283,000 | -6,579,000 | ||||||||||||||||||||||||||
other income | 2,294,000 | 3,815,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings before income taxes | 206,063,000 | 234,312,000 | -21,627,000 | 236,514,000 | 230,489,000 | 218,073,000 | 280,030,000 | 225,719,000 | 244,139,000 | 285,547,000 | 245,806,000 | 207,626,000 | 278,839,000 | 281,201,000 | 357,495,000 | 289,836,000 | 321,868,000 | 308,904,000 | 352,230,000 | 204,238,000 | 292,620,000 | 277,082,000 | 278,733,000 | 259,364,000 | 286,489,000 | 290,162,000 | 323,694,000 | 261,000,000 | 318,046,000 | 306,975,000 | 321,504,000 | 257,732,000 | 296,883,000 | 305,165,000 | 330,009,000 | 278,024,000 | 315,827,000 | 354,785,000 | 364,733,000 | 274,117,000 | 324,197,000 | 354,168,000 | 289,156,000 | 228,219,000 | 275,731,000 | 264,037,000 | 260,742,000 | 212,982,000 | 213,157,000 | 235,271,000 | 239,607,000 | 177,076,000 | 184,903,000 | 196,921,000 | 200,738,000 | 169,494,000 | 193,794,000 | 194,309,000 | 180,339,000 | 141,338,000 | 167,548,000 | 229,611,000 | 188,076,000 | 134,431,000 | 132,486,000 | 169,558,000 | 157,673,000 | 118,051,000 | 124,628,000 | 124,630,000 | 80,127,000 | 121,377,000 | 139,311,000 | 155,508,000 | 90,279,000 | 108,542,000 | 115,508,000 | |
provision for income taxes | 48,685,000 | 52,542,000 | 34,577,000 | 52,818,000 | 50,747,000 | 47,543,000 | 60,070,000 | 48,984,000 | 54,931,000 | 66,818,000 | 50,322,000 | 45,055,000 | 61,624,000 | 63,551,000 | 77,484,000 | 71,010,000 | 60,189,000 | 69,194,000 | 70,480,000 | 27,164,000 | 64,699,000 | 54,687,000 | 44,207,000 | 56,103,000 | 58,873,000 | 47,209,000 | 68,128,000 | 61,573,000 | 35,410,000 | 65,456,000 | 60,008,000 | 47,379,000 | 59,361,000 | 1,954,000 | 111,646,000 | 95,473,000 | 104,941,000 | 119,482,000 | 120,543,000 | 78,341,000 | 108,813,000 | 119,001,000 | 101,713,000 | 81,263,000 | 95,296,000 | 91,607,000 | 88,894,000 | 73,968,000 | 72,451,000 | 80,813,000 | 81,122,000 | 63,171,000 | 58,262,000 | 65,876,000 | 66,452,000 | 57,087,000 | 64,859,000 | 64,976,000 | 61,844,000 | 41,374,000 | 56,846,000 | 79,576,000 | 65,468,000 | 48,067,000 | 53,951,000 | 40,183,000 | ||||||||||||
net earnings | 157,378,000 | 181,769,000 | -56,204,000 | 183,696,000 | 179,742,000 | 170,530,000 | 219,960,000 | 176,735,000 | 189,207,000 | 218,729,000 | 195,483,000 | 162,571,000 | 217,215,000 | 217,651,000 | 280,011,000 | 218,826,000 | 261,679,000 | 239,710,000 | 281,750,000 | 177,074,000 | 227,921,000 | 222,395,000 | 234,526,000 | 203,260,000 | 227,615,000 | 242,953,000 | 255,566,000 | 199,427,000 | 282,636,000 | 241,519,000 | 261,496,000 | 210,353,000 | 237,522,000 | 303,211,000 | 218,363,000 | 182,551,000 | 210,886,000 | 235,303,000 | 244,190,000 | 195,776,000 | 215,384,000 | 235,167,000 | 187,443,000 | 146,956,000 | 180,435,000 | 172,430,000 | 171,848,000 | 139,014,000 | 140,706,000 | 154,458,000 | 158,485,000 | 113,905,000 | 126,641,000 | 131,045,000 | 134,286,000 | 112,407,000 | 128,935,000 | 129,333,000 | 118,495,000 | 99,964,000 | 110,702,000 | 150,035,000 | 122,608,000 | 86,364,000 | 78,535,000 | 112,269,000 | 103,876,000 | 77,169,000 | 80,385,000 | 81,383,000 | 51,947,000 | 77,561,000 | 88,181,000 | 101,192,000 | 57,374,000 | 68,001,000 | 75,325,000 | |
yoy | -12.44% | 6.59% | -125.55% | 3.94% | -5.00% | -22.04% | 12.52% | 8.71% | -12.89% | 0.50% | -30.19% | -25.71% | -16.99% | -9.20% | -0.62% | 23.58% | 14.81% | 7.79% | 20.14% | -12.88% | 0.13% | -8.46% | -8.23% | 1.92% | -19.47% | 0.59% | -2.27% | -5.19% | 18.99% | -20.35% | 19.75% | 15.23% | 12.63% | 28.86% | -10.58% | -6.76% | -2.09% | 0.06% | 30.27% | 33.22% | 19.37% | 36.38% | 9.07% | 5.71% | 28.24% | 11.64% | 8.43% | 22.04% | 11.11% | 17.87% | 18.02% | 1.33% | -1.78% | 1.32% | 13.33% | 12.45% | 16.47% | -13.80% | -3.35% | 15.75% | 40.96% | 33.64% | 18.03% | 11.92% | -2.30% | 37.95% | 99.97% | -0.51% | -8.84% | -19.58% | -9.46% | 14.06% | 17.07% | |||||
qoq | -13.42% | -423.41% | -130.60% | 2.20% | 5.40% | -22.47% | 24.46% | -6.59% | -13.50% | 11.89% | 20.24% | -25.16% | -0.20% | -22.27% | 27.96% | -16.38% | 9.16% | -14.92% | 59.11% | -22.31% | 2.48% | -5.17% | 15.38% | -10.70% | -6.31% | -4.94% | 28.15% | -29.44% | 17.02% | -7.64% | 24.31% | -11.44% | -21.66% | 38.86% | 19.62% | -13.44% | -10.38% | -3.64% | 24.73% | -9.10% | -8.41% | 25.46% | 27.55% | -18.55% | 4.64% | 0.34% | 23.62% | -1.20% | -8.90% | -2.54% | 39.14% | -10.06% | -3.36% | -2.41% | 19.46% | -12.82% | -0.31% | 9.15% | 18.54% | -9.70% | -26.22% | 22.37% | 41.97% | 9.97% | -30.05% | 8.08% | 34.61% | -4.00% | -1.23% | 56.67% | -33.02% | -12.04% | -12.86% | 76.37% | -15.63% | -9.72% | ||
net income margin % | 5.29% | 6.00% | -1.76% | 6.06% | 6.20% | 5.71% | 7.01% | 6.10% | 6.55% | 7.30% | 6.11% | 5.49% | 7.29% | 7.33% | 8.53% | 7.21% | 8.45% | 7.87% | 8.16% | 6.18% | 8.74% | 9.04% | 9.69% | 8.54% | 9.40% | 10.19% | 10.22% | 8.71% | 12.05% | 10.23% | 10.36% | 8.92% | 10.19% | 13.01% | 8.76% | 8.27% | 9.64% | 10.32% | 9.29% | 8.50% | 9.36% | 10.26% | 7.81% | 6.71% | 7.92% | 7.20% | 6.76% | 6.08% | 6.27% | 6.89% | 6.82% | 5.27% | 5.88% | 6.19% | 6.19% | 5.60% | 6.41% | 6.34% | 5.63% | 5.23% | 5.65% | 7.81% | 5.94% | 4.99% | 4.62% | 6.50% | 6.20% | 4.90% | 5.04% | 4.82% | 3.10% | 4.87% | 5.44% | 6.08% | 3.77% | 4.52% | 5.01% | |
less: net earnings attributable to noncontrolling interest | -96,000 | -32,000 | -67,000 | -46,000 | -275,000 | -45,000 | -237,000 | 34,000 | -70,000 | -134,000 | -453,000 | -108,000 | -24,000 | -69,000 | 127,000 | -89,000 | 62,000 | 139,000 | 11,000 | 157,000 | 21,000 | 112,000 | 169,000 | 141,000 | -119,000 | 81,000 | 63,000 | -22,000 | 207,000 | 94,000 | 90,000 | 110,000 | 138,000 | 104,000 | 209,000 | 43,000 | 156,000 | 250,000 | 122,000 | 106,000 | 212,000 | 18,000 | 234,000 | 712,000 | 584,000 | 1,039,000 | 616,000 | 1,110,000 | 1,145,000 | 270,000 | 1,121,000 | 1,329,000 | 1,685,000 | 1,240,000 | 1,048,000 | 938,000 | 1,186,000 | 1,483,000 | 1,123,000 | 1,209,000 | 1,460,000 | 994,000 | 673,000 | 1,062,000 | ||||||||||||||
net earnings attributable to hormel foods corporation | 157,474,000 | 181,801,000 | -56,137,000 | 183,742,000 | 180,017,000 | 170,575,000 | 220,196,000 | 176,701,000 | 189,278,000 | 218,863,000 | 195,935,000 | 162,679,000 | 217,239,000 | 217,719,000 | 279,884,000 | 218,915,000 | 261,617,000 | 239,571,000 | 281,738,000 | 176,917,000 | 227,901,000 | 222,283,000 | 234,356,000 | 203,119,000 | 227,734,000 | 242,872,000 | 255,503,000 | 199,449,000 | 282,429,000 | 241,425,000 | 261,406,000 | 210,243,000 | 237,384,000 | 303,107,000 | 157,145,250 | 182,508,000 | 210,926,000 | 235,147,000 | 161,528,000 | 195,654,000 | 215,397,000 | 235,061,000 | 187,231,000 | 146,938,000 | 180,201,000 | 171,718,000 | 171,264,000 | 137,975,000 | 140,090,000 | 153,348,000 | 157,340,000 | 113,635,000 | 125,520,000 | 129,716,000 | 132,601,000 | 111,167,000 | 127,887,000 | 128,395,000 | 117,309,000 | 98,481,000 | 109,579,000 | 148,826,000 | 121,148,000 | 85,370,000 | 77,862,000 | 111,207,000 | ||||||||||||
net earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.29 | 0.33 | -0.1 | 0.33 | 0.33 | 0.31 | 0.4 | 0.32 | 0.35 | 0.4 | 0.36 | 0.3 | 0.4 | 0.4 | 0.52 | 0.4 | 0.48 | 0.44 | 0.52 | 0.33 | 0.42 | 0.41 | 0.44 | 0.38 | 0.42 | 0.45 | 0.48 | 0.37 | 0.53 | 0.45 | 0.49 | 0.4 | 0.45 | 0.57 | 0.41 | 0.35 | 0.4 | 0.44 | 0.46 | 0.37 | 0.41 | 0.44 | 0.71 | 0.56 | 0.68 | 0.65 | 0.65 | 0.52 | 0.53 | 0.58 | 0.6 | 0.43 | 0.47 | 0.49 | 0.51 | 0.42 | 0.49 | 0.49 | 0.44 | 0.37 | 0.41 | 0.56 | 0.91 | 0.64 | 0.58 | 0.83 | 0.77 | 0.57 | 0.6 | 0.61 | 0.38 | 0.57 | 0.65 | 0.74 | 0.42 | 0.49 | 0.55 | |
diluted | 0.29 | 0.33 | -0.1 | 0.33 | 0.33 | 0.31 | 0.4 | 0.32 | 0.34 | 0.4 | 0.36 | 0.3 | 0.4 | 0.4 | 0.51 | 0.4 | 0.48 | 0.44 | 0.51 | 0.32 | 0.42 | 0.41 | 0.43 | 0.37 | 0.42 | 0.45 | 0.47 | 0.37 | 0.52 | 0.44 | 0.48 | 0.39 | 0.44 | 0.56 | 0.4 | 0.34 | 0.39 | 0.44 | 0.45 | 0.36 | 0.4 | 0.43 | 0.69 | 0.54 | 0.67 | 0.64 | 0.63 | 0.51 | 0.52 | 0.57 | 0.58 | 0.42 | 0.46 | 0.48 | 0.49 | 0.41 | 0.48 | 0.48 | 0.43 | 0.36 | 0.4 | 0.55 | 0.89 | 0.63 | 0.57 | 0.82 | 0.77 | 0.57 | 0.59 | 0.6 | 0.38 | 0.56 | 0.64 | 0.73 | 0.41 | 0.49 | 0.54 | |
weighted-average shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 550,562 | 550,477 | 550,164 | 550,408 | 550,277 | 549,460 | 548,129 | 548,685 | 547,868 | 547,020 | 546,421 | 546,358 | 546,424 | 546,384 | 544,918 | 546,077 | 544,702 | 542,680 | 541,114 | 541,746 | 540,195 | 539,913 | 538,007 | 539,108 | 538,119 | 535,075 | 534,578 | 534,188 | 535,480 | 534,495 | 530,742 | 530,606 | 529,799 | 529,453 | 528,363 | 528,165 | 528,712 | 528,585 | 529,290 | 529,660 | 529,898 | 528,862 | 264,072 | 264,258 | 264,028 | 263,676 | 263,812 | 263,983 | 263,926 | 263,752 | 264,317 | 264,605 | 264,868 | 263,944 | 263,466 | 263,359 | 263,610 | 263,946 | 266,394 | 266,925 | 267,207 | 133,366 | 133,201 | 133,593 | 133,589 | 134,227 | 134,255 | 134,272 | 134,377 | 135,391 | 135,652 | 135,706 | 137,216 | 137,447 | 137,743 | 137,533 | ||
diluted | 550,915 | 550,706 | 550,496 | 550,723 | 550,611 | 549,854 | 548,832 | 549,266 | 548,685 | 547,920 | 548,982 | 548,637 | 549,013 | 550,031 | 549,566 | 550,167 | 550,036 | 547,928 | 547,580 | 548,072 | 547,536 | 547,444 | 546,592 | 547,149 | 546,373 | 544,815 | 545,232 | 543,678 | 546,330 | 547,118 | 543,869 | 543,762 | 542,811 | 543,482 | 539,116 | 538,814 | 539,635 | 540,064 | 542,473 | 542,163 | 543,769 | 542,737 | 270,501 | 270,602 | 270,444 | 270,061 | 270,216 | 270,400 | 270,410 | 270,224 | 270,224 | 270,769 | 270,780 | 269,140 | 268,891 | 268,746 | 269,061 | 269,608 | 271,915 | 272,759 | 272,847 | 135,349 | 135,163 | 135,579 | 135,356 | 135,489 | 135,720 | 135,373 | 135,163 | 137,055 | 137,620 | 137,666 | 139,151 | 139,414 | 139,711 | 139,567 | ||
interest and investment income | 6,771,000 | 16,227,000 | 1,653,000 | 9,204,000 | 4,980,000 | 10,484,000 | 13,497,000 | 19,434,000 | -5,872,000 | 9,239,000 | 1,365,000 | 10,096,000 | 7,934,000 | 14,411,000 | 1,799,000 | 3,869,000 | 10,138,000 | 8,457,000 | 10,992,000 | 17,291,000 | 10,307,000 | 15,513,000 | -3,474,000 | 13,251,000 | 5,793,000 | 7,556,000 | 11,297,000 | 6,874,000 | 3,439,000 | 4,601,000 | -2,489,000 | 3,306,000 | 4,216,000 | 1,376,000 | 2,818,000 | 2,449,000 | 2,271,000 | 2,474,000 | 3,409,000 | -1,963,000 | 479,000 | 189,000 | 1,117,000 | 1,149,000 | 766,000 | 1,603,000 | -306,000 | 1,173,000 | 2,500,000 | 1,116,000 | 1,810,000 | 1,748,000 | 844,000 | 2,338,000 | 1,590,000 | 638,000 | 139,000 | 1,972,000 | 441,000 | 2,389,000 | 310,000 | 1,423,000 | 443,000 | 2,178,000 | 6,410,000 | 8,584,000 | 2,391,000 | 3,253,000 | 7,546,000 | 1,373,000 | 2,625,000 | 2,080,000 | ||||||
net earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.29 | 0.33 | -0.1 | 0.33 | 0.33 | 0.31 | 0.4 | 0.32 | 0.35 | 0.4 | 0.36 | 0.3 | 0.4 | 0.4 | 0.52 | 0.4 | 0.48 | 0.44 | 0.52 | 0.33 | 0.42 | 0.41 | 0.44 | 0.38 | 0.42 | 0.45 | 0.48 | 0.37 | 0.53 | 0.45 | 0.49 | 0.4 | 0.45 | 0.57 | 0.41 | 0.35 | 0.4 | 0.44 | 0.46 | 0.37 | 0.41 | 0.44 | 0.71 | 0.56 | 0.68 | 0.65 | 0.65 | 0.52 | 0.53 | 0.58 | 0.6 | 0.43 | 0.47 | 0.49 | 0.51 | 0.42 | 0.49 | 0.49 | 0.44 | 0.37 | 0.41 | 0.56 | 0.91 | 0.64 | 0.58 | 0.83 | 0.77 | 0.57 | 0.6 | 0.61 | 0.38 | 0.57 | 0.65 | 0.74 | 0.42 | 0.49 | 0.55 | |
diluted | 0.29 | 0.33 | -0.1 | 0.33 | 0.33 | 0.31 | 0.4 | 0.32 | 0.34 | 0.4 | 0.36 | 0.3 | 0.4 | 0.4 | 0.51 | 0.4 | 0.48 | 0.44 | 0.51 | 0.32 | 0.42 | 0.41 | 0.43 | 0.37 | 0.42 | 0.45 | 0.47 | 0.37 | 0.52 | 0.44 | 0.48 | 0.39 | 0.44 | 0.56 | 0.4 | 0.34 | 0.39 | 0.44 | 0.45 | 0.36 | 0.4 | 0.43 | 0.69 | 0.54 | 0.67 | 0.64 | 0.63 | 0.51 | 0.52 | 0.57 | 0.58 | 0.42 | 0.46 | 0.48 | 0.49 | 0.41 | 0.48 | 0.48 | 0.43 | 0.36 | 0.4 | 0.55 | 0.89 | 0.63 | 0.57 | 0.82 | 0.77 | 0.57 | 0.59 | 0.6 | 0.38 | 0.56 | 0.64 | 0.73 | 0.41 | 0.49 | 0.54 | |
weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 550,562 | 550,477 | 550,164 | 550,408 | 550,277 | 549,460 | 548,129 | 548,685 | 547,868 | 547,020 | 546,421 | 546,358 | 546,424 | 546,384 | 544,918 | 546,077 | 544,702 | 542,680 | 541,114 | 541,746 | 540,195 | 539,913 | 538,007 | 539,108 | 538,119 | 535,075 | 534,578 | 534,188 | 535,480 | 534,495 | 530,742 | 530,606 | 529,799 | 529,453 | 528,363 | 528,165 | 528,712 | 528,585 | 529,290 | 529,660 | 529,898 | 528,862 | 264,072 | 264,258 | 264,028 | 263,676 | 263,812 | 263,983 | 263,926 | 263,752 | 264,317 | 264,605 | 264,868 | 263,944 | 263,466 | 263,359 | 263,610 | 263,946 | 266,394 | 266,925 | 267,207 | 133,366 | 133,201 | 133,593 | 133,589 | 134,227 | 134,255 | 134,272 | 134,377 | 135,391 | 135,652 | 135,706 | 137,216 | 137,447 | 137,743 | 137,533 | ||
diluted | 550,915 | 550,706 | 550,496 | 550,723 | 550,611 | 549,854 | 548,832 | 549,266 | 548,685 | 547,920 | 548,982 | 548,637 | 549,013 | 550,031 | 549,566 | 550,167 | 550,036 | 547,928 | 547,580 | 548,072 | 547,536 | 547,444 | 546,592 | 547,149 | 546,373 | 544,815 | 545,232 | 543,678 | 546,330 | 547,118 | 543,869 | 543,762 | 542,811 | 543,482 | 539,116 | 538,814 | 539,635 | 540,064 | 542,473 | 542,163 | 543,769 | 542,737 | 270,501 | 270,602 | 270,444 | 270,061 | 270,216 | 270,400 | 270,410 | 270,224 | 270,224 | 270,769 | 270,780 | 269,140 | 268,891 | 268,746 | 269,061 | 269,608 | 271,915 | 272,759 | 272,847 | 135,349 | 135,163 | 135,579 | 135,356 | 135,489 | 135,720 | 135,373 | 135,163 | 137,055 | 137,620 | 137,666 | 139,151 | 139,414 | 139,711 | 139,567 | ||
selling, general and administrative | 168,194,250 | 222,147,000 | 224,659,000 | 225,972,000 | 155,657,500 | 226,284,000 | 199,966,000 | 196,380,000 | 142,629,500 | 181,085,000 | 193,912,000 | 195,521,000 | 183,795,000 | 180,169,000 | 170,076,000 | 193,544,000 | 204,537,000 | 210,747,000 | 203,799,000 | 219,122,000 | 194,218,000 | 176,660,000 | 181,009,000 | 210,217,000 | 244,006,000 | 206,876,000 | 211,144,000 | 209,948,000 | 188,952,000 | 184,627,000 | 189,733,000 | 180,299,000 | 165,939,000 | 153,035,000 | 165,785,000 | 166,189,000 | 147,444,000 | 150,999,000 | 173,066,000 | 155,831,000 | 159,685,000 | 145,022,000 | 148,684,000 | 152,477,000 | 156,694,000 | 156,595,000 | 160,136,000 | 145,161,000 | 166,456,000 | 146,523,000 | 146,782,000 | 145,532,000 | 142,704,000 | 142,010,000 | 139,846,000 | 142,525,000 | ||||||||||||||||||||||
other income and expense: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per share: | 0.141 | 0.188 | 0.188 | 0.188 | 0.128 | 0.17 | 0.17 | 0.17 | 0.109 | 0.145 | 0.145 | 0.145 | 0.188 | 0.25 | 0.25 | 0.25 | 0.15 | 0.2 | 0.2 | 0.2 | 0.128 | 0.17 | 0.17 | 0.17 | 0.113 | 0.15 | 0.15 | 0.15 | 0.096 | 0.128 | 0.128 | 0.128 | 0.158 | 0.21 | 0.21 | 0.21 | 0.143 | 0.19 | 0.19 | 0.19 | 0.185 | 0.185 | 0.185 | 0.113 | 0.15 | 0.15 | 0.15 | |||||||||||||||||||||||||||||||
goodwill impairment charge | 991,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net (loss) earnings attributable to noncontrolling interest | -40,000 | -13,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted average shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 266,560 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 271,740 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income and expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | 57,289,000 | 53,797,000 | 40,882,000 | 44,243,000 | 43,247,000 | 28,180,000 | 43,816,000 | 51,130,000 | 54,316,000 | 32,905,000 | 40,541,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling and delivery | 204,167,000 | 210,282,000 | 207,944,000 | 192,623,000 | 187,823,000 | 192,507,000 | 198,644,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
administrative and general | 47,737,000 | 42,625,000 | 45,475,000 | 38,906,000 | 41,231,000 | 40,433,000 | 41,910,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total expenses | 251,904,000 | 252,907,000 | 253,419,000 | 231,529,000 | 229,054,000 | 232,940,000 | 240,554,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-10-26 | 2025-07-27 | 2025-04-27 | 2025-01-26 | 2024-10-27 | 2024-07-28 | 2024-04-28 | 2024-01-28 | 2023-10-29 | 2023-07-30 | 2023-04-30 | 2023-01-29 | 2022-10-30 | 2022-07-31 | 2022-05-01 | 2022-01-30 | 2021-10-31 | 2021-07-25 | 2021-04-25 | 2021-01-24 | 2020-10-25 | 2020-07-26 | 2020-04-26 | 2020-01-26 | 2019-10-27 | 2019-07-28 | 2019-04-28 | 2019-01-27 | 2018-10-28 | 2018-07-29 | 2018-04-29 | 2018-01-28 | 2017-07-30 | 2016-07-24 | 2016-04-24 | 2016-01-24 | 2015-10-25 | 2015-07-26 | 2015-04-26 | 2015-01-25 | 2014-10-26 | 2014-07-27 | 2014-04-27 | 2014-01-26 | 2013-10-27 | 2013-07-28 | 2013-04-28 | 2013-01-27 | 2012-10-28 | 2012-07-29 | 2012-04-29 | 2012-01-29 | 2011-10-30 | 2011-07-31 | 2011-05-01 | 2011-01-30 | 2010-10-31 | 2010-07-25 | 2010-04-25 | 2010-01-24 | 2009-10-25 | 2009-07-26 | 2009-04-26 | 2009-01-25 | 2008-07-27 | 2008-04-27 | 2008-01-27 | 2007-10-28 | 2007-07-29 | 2007-04-29 | 2007-01-28 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 670,679,000 | 599,189,000 | 669,688,000 | 840,398,000 | 741,881,000 | 537,476,000 | 1,486,368,000 | 963,212,000 | 736,532,000 | 669,124,000 | 580,496,000 | 599,789,000 | 982,107,000 | 850,344,000 | 861,719,000 | 824,434,000 | 613,530,000 | 291,363,000 | 1,484,533,000 | 1,751,541,000 | 1,714,309,000 | 1,729,368,000 | 606,073,000 | 724,419,000 | 672,901,000 | 560,199,000 | 639,327,000 | 512,689,000 | 459,136,000 | 268,982,000 | 261,571,000 | 385,775,000 | 633,341,000 | 379,597,000 | 379,881,000 | 375,215,000 | 347,239,000 | 349,169,000 | 624,395,000 | 527,097,000 | 334,174,000 | 530,977,000 | 499,330,000 | 639,844,000 | 434,014,000 | 329,496,000 | 262,748,000 | 887,677,000 | 682,388,000 | 533,217,000 | 524,779,000 | 548,618,000 | 463,130,000 | 497,364,000 | 913,704,000 | 598,813,000 | 467,845,000 | 376,917,000 | 355,181,000 | 449,092,000 | 385,252,000 | 295,100,000 | 312,331,000 | 264,737,000 | 109,987,000 | 107,156,000 | 144,234,000 | 149,749,000 | 104,504,000 | 93,998,000 | 115,003,000 |
short-term marketable securities | 32,909,000 | 31,480,000 | 29,293,000 | 26,016,000 | 24,742,000 | 24,454,000 | 23,074,000 | 18,712,000 | 16,664,000 | 17,423,000 | 17,531,000 | 17,792,000 | 16,149,000 | 18,314,000 | 23,478,000 | 22,194,000 | 21,162,000 | 18,372,000 | 17,700,000 | 17,520,000 | 17,338,000 | 17,564,000 | 16,841,000 | 14,808,000 | 14,736,000 | 14,064,000 | 6,675,000 | 77,387,000 | 77,013,000 | 76,811,000 | 76,383,000 | 76,077,000 | 76,125,000 | 51,002,000 | 50,719,000 | 50,595,000 | 50,214,000 | 50,023,000 | 2,371,000 | 13,775,000 | 23,824,000 | ||||||||||||||||||||||||||||||
accounts receivable | 784,812,000 | 764,338,000 | 743,981,000 | 767,804,000 | 817,908,000 | 727,054,000 | 731,984,000 | 751,048,000 | 817,391,000 | 786,246,000 | 761,898,000 | 787,213,000 | 867,593,000 | 802,850,000 | 795,292,000 | 812,706,000 | 895,719,000 | 896,008,000 | 722,185,000 | 706,654,000 | 702,419,000 | 648,991,000 | 536,009,000 | 562,483,000 | 574,396,000 | 528,583,000 | 537,447,000 | 565,060,000 | 600,438,000 | 559,181,000 | 551,392,000 | 569,099,000 | 549,011,000 | 564,922,000 | 548,497,000 | 554,738,000 | 605,689,000 | 549,056,000 | 578,726,000 | 578,238,000 | 609,526,000 | 536,505,000 | 515,161,000 | 505,024,000 | 551,500,000 | 514,398,000 | 462,239,000 | 466,536,000 | 507,041,000 | 474,425,000 | 439,348,000 | 422,505,000 | 461,110,000 | 427,927,000 | 405,792,000 | 406,677,000 | 430,939,000 | 383,892,000 | 356,524,000 | 348,695,000 | 372,292,000 | 355,408,000 | 344,925,000 | 370,130,000 | 377,929,000 | 351,564,000 | 345,483,000 | 366,621,000 | 323,522,000 | 322,634,000 | 327,606,000 |
inventories | 1,747,279,000 | 1,821,860,000 | 1,729,237,000 | 1,516,716,000 | 1,576,300,000 | 1,649,649,000 | 1,673,500,000 | 1,578,191,000 | 1,680,406,000 | 1,737,865,000 | 1,745,793,000 | 1,730,086,000 | 1,716,059,000 | 1,679,179,000 | 1,597,001,000 | 1,385,705,000 | 1,369,198,000 | 1,426,738,000 | 1,229,030,000 | 1,086,660,000 | 1,072,762,000 | 982,355,000 | 1,048,992,000 | 1,057,277,000 | 1,042,362,000 | 1,108,514,000 | 1,030,574,000 | 994,428,000 | 963,527,000 | 1,001,044,000 | 1,011,215,000 | 973,221,000 | 1,013,214,000 | 1,034,307,000 | 1,027,440,000 | 994,826,000 | 993,265,000 | 984,452,000 | 963,481,000 | 1,016,788,000 | 1,054,552,000 | 1,076,892,000 | 1,053,501,000 | 924,500,000 | 967,977,000 | 1,003,736,000 | 998,931,000 | 953,682,000 | 950,521,000 | 927,047,000 | 912,672,000 | 882,828,000 | 885,823,000 | 865,875,000 | 810,388,000 | 787,280,000 | 793,771,000 | 790,875,000 | 767,191,000 | 729,231,000 | 722,371,000 | 744,667,000 | 748,178,000 | 741,944,000 | 794,318,000 | 750,483,000 | 669,594,000 | 646,968,000 | 659,223,000 | 637,425,000 | 584,113,000 |
taxes receivable | 96,791,000 | 50,559,000 | 50,529,000 | 50,747,000 | 50,380,000 | 7,242,000 | 7,498,000 | 7,230,000 | 7,145,000 | 7,177,000 | 7,733,000 | 7,763,000 | 7,699,000 | 8,293,000 | 41,449,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 73,187,000 | 55,064,000 | 59,341,000 | 64,386,000 | 35,265,000 | 58,814,000 | 61,592,000 | 56,001,000 | 39,014,000 | 36,613,000 | 49,649,000 | 48,041,000 | 45,063,000 | 40,614,000 | 30,924,000 | 33,297,000 | 40,431,000 | 34,852,000 | 28,084,000 | 19,546,000 | 15,804,000 | 14,689,000 | 18,380,000 | 8,380,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total current assets | 3,405,656,000 | 3,322,490,000 | 3,282,069,000 | 3,266,068,000 | 3,246,476,000 | 2,997,446,000 | 3,976,519,000 | 3,367,164,000 | 3,297,249,000 | 3,254,770,000 | 3,162,596,000 | 3,195,306,000 | 3,637,125,000 | 3,403,484,000 | 3,373,557,000 | 3,093,350,000 | 2,947,816,000 | 2,688,672,000 | 3,514,292,000 | 3,601,663,000 | 3,579,063,000 | 3,409,774,000 | 2,248,896,000 | 2,394,967,000 | 2,361,413,000 | 2,245,968,000 | 2,250,667,000 | 2,100,686,000 | 2,050,100,000 | 1,854,310,000 | 1,850,780,000 | 1,948,269,000 | 2,217,095,000 | 2,010,105,000 | 1,975,082,000 | 1,946,083,000 | 2,063,032,000 | 2,003,776,000 | 2,302,431,000 | 2,246,331,000 | 2,132,771,000 | 2,245,041,000 | 2,172,612,000 | 2,166,833,000 | 2,047,413,000 | 1,951,590,000 | 1,832,340,000 | 2,399,845,000 | 2,320,684,000 | 2,117,258,000 | 2,060,075,000 | 2,021,731,000 | 1,998,231,000 | 1,977,121,000 | 2,287,204,000 | 1,949,230,000 | 1,858,166,000 | 1,710,582,000 | 1,636,390,000 | 1,620,589,000 | 1,574,733,000 | 1,480,451,000 | 1,486,296,000 | 1,466,960,000 | 1,381,210,000 | 1,300,968,000 | 1,279,357,000 | 1,231,725,000 | 1,157,642,000 | 1,138,866,000 | 1,109,110,000 |
goodwill | 4,924,087,000 | 4,923,218,000 | 4,920,635,000 | 4,916,874,000 | 4,923,487,000 | 4,923,731,000 | 4,929,034,000 | 4,931,257,000 | 4,928,464,000 | 4,931,590,000 | 4,929,881,000 | 4,927,923,000 | 4,925,829,000 | 4,929,337,000 | 4,935,832,000 | 4,928,139,000 | 4,929,102,000 | 4,907,073,000 | 2,614,036,000 | 2,617,589,000 | 2,612,727,000 | 2,615,690,000 | 2,682,839,000 | 2,484,088,000 | 2,481,645,000 | 2,487,289,000 | 2,486,635,000 | 2,716,750,000 | 2,714,116,000 | 2,734,575,000 | 2,731,956,000 | 2,957,463,000 | 1,822,671,000 | 1,921,971,000 | 1,698,370,000 | 1,699,361,000 | 1,699,484,000 | 1,978,907,000 | 1,228,933,000 | 1,225,449,000 | 1,226,406,000 | 962,577,000 | 962,204,000 | 962,102,000 | 934,472,000 | 934,472,000 | 932,114,000 | 630,875,000 | 630,875,000 | 630,875,000 | 630,875,000 | 630,875,000 | 630,884,000 | 630,707,000 | 630,707,000 | 630,707,000 | 629,023,000 | 628,820,000 | 628,764,000 | 620,155,000 | 620,155,000 | 619,771,000 | 619,705,000 | 619,401,000 | 621,020,000 | 604,504,000 | 599,418,000 | 595,756,000 | 550,060,000 | 550,060,000 | 550,637,000 |
intangible assets | 1,647,297,000 | 1,721,487,000 | 1,724,810,000 | 1,727,655,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension assets | 211,826,000 | 192,123,000 | 196,736,000 | 201,350,000 | 205,964,000 | 190,947,000 | 195,530,000 | 200,113,000 | 204,697,000 | 235,943,000 | 239,151,000 | 242,358,000 | 245,566,000 | 311,157,000 | 303,803,000 | 296,450,000 | 289,096,000 | 203,093,000 | 196,473,000 | 189,852,000 | 183,232,000 | 153,865,000 | 147,878,000 | 141,892,000 | 135,915,000 | 210,012,000 | 205,229,000 | 200,448,000 | 195,153,000 | 190,050,000 | 184,030,000 | 178,010,000 | 98,893,000 | 170,858,000 | 140,990,000 | 136,917,000 | 132,861,000 | 166,743,000 | 139,457,000 | 134,876,000 | 130,284,000 | 199,770,000 | 170,351,000 | 166,494,000 | 162,535,000 | 49,000 | 49,000 | 49,000 | 49,000 | 108,765,000 | 79,896,000 | 78,226,000 | 80,208,000 | 87,424,000 | 64,128,000 | 64,572,000 | 61,272,000 | 31,238,000 | 30,477,000 | 30,612,000 | 29,663,000 | 135,616,000 | 81,785,000 | 82,849,000 | 100,696,000 | 100,415,000 | 99,891,000 | 99,003,000 | |||
investments in affiliates | 533,984,000 | 698,632,000 | 682,810,000 | 710,433,000 | 719,481,000 | 680,386,000 | 710,029,000 | 728,146,000 | 725,121,000 | 743,474,000 | 742,290,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 431,500,000 | 426,068,000 | 422,903,000 | 406,315,000 | 411,889,000 | 409,125,000 | 412,359,000 | 377,623,000 | 370,252,000 | 338,741,000 | 328,010,000 | 292,697,000 | 283,169,000 | 292,412,000 | 295,127,000 | 303,577,000 | 299,907,000 | 298,071,000 | 289,059,000 | 272,239,000 | 250,382,000 | 241,947,000 | 238,273,000 | 251,353,000 | 177,901,000 | 177,529,000 | 181,777,000 | 171,005,000 | 189,951,000 | 192,769,000 | 192,255,000 | 196,571,000 | 184,364,000 | 146,273,000 | 145,730,000 | 144,875,000 | 146,498,000 | 145,260,000 | 147,201,000 | 147,133,000 | 145,050,000 | 143,231,000 | 142,734,000 | 144,408,000 | 142,339,000 | 138,944,000 | 140,902,000 | 132,866,000 | 134,024,000 | 132,482,000 | 138,977,000 | 142,582,000 | 140,420,000 | 147,196,000 | 150,903,000 | 155,567,000 | 155,017,000 | 164,228,000 | 165,570,000 | 166,302,000 | 165,331,000 | 169,047,000 | 165,577,000 | 159,701,000 | 177,077,000 | 181,437,000 | 164,841,000 | 170,048,000 | 163,677,000 | 164,506,000 | 159,835,000 |
property, plant, and equipment | 2,238,770,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | 13,393,119,000 | 13,496,726,000 | 13,421,808,000 | 13,403,483,000 | 13,434,729,000 | 13,113,781,000 | 14,135,373,000 | 13,512,983,000 | 13,448,772,000 | 13,426,757,000 | 13,315,745,000 | 13,283,047,000 | 13,306,919,000 | 13,140,418,000 | 13,122,263,000 | 12,827,009,000 | 12,696,329,000 | 12,332,182,000 | 9,889,004,000 | 9,957,932,000 | 9,908,282,000 | 9,600,472,000 | 8,395,181,000 | 8,290,109,000 | 8,109,004,000 | 7,954,576,000 | 7,935,745,000 | 8,155,398,000 | 8,142,292,000 | 7,895,373,000 | 7,829,749,000 | 7,858,848,000 | 6,507,965,000 | 6,388,297,000 | 6,110,345,000 | 6,040,889,000 | 6,139,831,000 | 6,091,081,000 | 5,622,998,000 | 5,559,623,000 | 5,455,619,000 | 5,188,433,000 | 5,085,824,000 | 5,067,170,000 | 4,915,880,000 | 4,761,249,000 | 4,667,641,000 | 4,622,830,000 | 4,563,966,000 | 4,382,619,000 | 4,314,663,000 | 4,270,294,000 | 4,244,391,000 | 4,149,529,000 | 4,451,417,000 | 4,122,948,000 | 4,053,918,000 | 3,845,026,000 | 3,784,134,000 | 3,730,692,000 | 3,692,055,000 | 3,676,730,000 | 3,633,768,000 | 3,631,031,000 | 3,558,121,000 | 3,471,148,000 | 3,431,258,000 | 3,393,650,000 | 3,124,194,000 | 3,109,436,000 | 3,083,594,000 |
liabilities and shareholders’ investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 731,578,000 | 707,753,000 | 716,892,000 | 709,190,000 | 735,604,000 | 675,167,000 | 691,498,000 | 771,397,000 | 703,407,000 | 816,604,000 | 793,310,000 | 654,162,000 | 577,365,000 | 558,523,000 | 644,609,000 | 537,535,000 | 502,133,000 | 490,042,000 | 590,033,000 | 513,372,000 | 523,673,000 | 505,617,000 | 618,830,000 | 488,978,000 | 465,572,000 | 532,847,000 | 421,170,000 | 414,691,000 | 389,418,000 | 411,031,000 | 495,317,000 | 393,795,000 | 385,855,000 | 407,419,000 | 484,042,000 | 358,016,000 | 339,354,000 | 354,832,000 | 387,284,000 | 369,887,000 | 315,040,000 | 324,367,000 | 385,877,000 | 289,212,000 | 318,432,000 | 308,721,000 | 390,171,000 | 301,578,000 | 277,116,000 | 267,814,000 | 361,287,000 | 297,110,000 | 281,054,000 | 289,045,000 | 313,258,000 | 297,334,000 | 276,744,000 | 310,242,000 | 297,628,000 | 252,250,000 | 265,428,000 | 290,919,000 | 261,800,000 | 234,475,000 | 237,272,000 | ||||||
accrued expenses | 55,772,000 | 59,036,000 | 53,353,000 | 63,833,000 | 66,380,000 | 74,789,000 | 66,235,000 | 51,679,000 | 119,464,000 | 58,801,000 | 51,192,000 | 51,108,000 | 47,196,000 | 50,901,000 | 59,136,000 | 61,079,000 | 67,481,000 | 64,702,000 | 62,031,000 | 56,378,000 | 59,144,000 | 50,361,000 | 48,298,000 | 58,416,000 | 62,635,000 | 72,098,000 | 71,284,000 | 87,838,000 | 71,013,000 | 84,262,000 | 71,777,000 | 64,212,000 | 63,619,000 | 96,453,000 | 76,836,000 | 45,211,000 | 43,385,000 | 45,757,000 | 20,965,000 | 32,467,000 | 42,871,000 | 58,027,000 | 49,792,000 | 43,701,000 | 53,729,000 | 69,177,000 | 40,539,000 | 42,787,000 | 45,559,000 | 52,661,000 | 46,408,000 | 33,515,000 | 38,135,000 | 46,372,000 | 40,289,000 | 85,899,000 | 94,339,000 | 92,736,000 | 46,901,000 | 63,433,000 | 65,536,000 | 66,000,000 | 34,269,000 | 36,993,000 | 24,491,000 | ||||||
accrued marketing expenses | 113,947,000 | 117,328,000 | 119,092,000 | 138,674,000 | 108,156,000 | 113,012,000 | 117,731,000 | 101,928,000 | 87,452,000 | 100,974,000 | 97,665,000 | 133,240,000 | 113,105,000 | 131,495,000 | 126,077,000 | 149,628,000 | 114,746,000 | 133,925,000 | 118,452,000 | 133,042,000 | 108,502,000 | 147,071,000 | 111,657,000 | 110,093,000 | 96,305,000 | 134,652,000 | 126,252,000 | 139,338,000 | 118,887,000 | 119,663,000 | 127,998,000 | 127,684,000 | 77,151,000 | 141,089,000 | 156,574,000 | 153,248,000 | 119,153,000 | 125,146,000 | 132,562,000 | 117,992,000 | 89,561,000 | 99,598,000 | 109,061,000 | 117,563,000 | 91,332,000 | 113,002,000 | 99,535,000 | 98,334,000 | 78,712,000 | 84,739,000 | 86,327,000 | 91,135,000 | 77,363,000 | 100,182,000 | 89,947,000 | 87,648,000 | 76,552,000 | 97,540,000 | 90,477,000 | 90,827,000 | 70,452,000 | 72,589,000 | 71,307,000 | 79,269,000 | 65,268,000 | 64,922,000 | 81,293,000 | 67,260,000 | 73,311,000 | 76,579,000 | 86,840,000 |
employee-related expenses | 273,402,000 | 251,860,000 | 239,392,000 | 230,037,000 | 283,490,000 | 248,954,000 | 238,709,000 | 212,719,000 | 263,330,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and dividends payable | 180,700,000 | 174,361,000 | 180,561,000 | 173,889,000 | 175,941,000 | 171,079,000 | 179,773,000 | 162,452,000 | 172,178,000 | 158,335,000 | 172,198,000 | 158,376,000 | 163,963,000 | 167,534,000 | 181,782,000 | 154,024,000 | 154,803,000 | 140,469,000 | 139,102,000 | 137,583,000 | 132,632,000 | 130,248,000 | 125,595,000 | 127,452,000 | 112,685,000 | 115,744,000 | 112,798,000 | 116,370,000 | 101,079,000 | 103,760,000 | 99,990,000 | 102,229,000 | 93,007,000 | 79,987,000 | 77,304,000 | 79,727,000 | 66,696,000 | 69,230,000 | 66,555,000 | 69,068,000 | 53,466,000 | 56,018,000 | 53,419,000 | 55,920,000 | 45,511,000 | 48,239,000 | 45,601,000 | 47,876,000 | 40,049,000 | 42,638,000 | 40,151,000 | 42,751,000 | 34,500,000 | 37,352,000 | 44,056,000 | 37,615,000 | 37,489,000 | 31,594,000 | 34,832,000 | 29,047,000 | 34,951,000 | ||||||||||
taxes payable | 18,752,000 | 28,454,000 | 11,125,000 | 8,999,000 | 21,916,000 | 18,513,000 | 53,573,000 | 85,533,000 | 15,212,000 | 49,583,000 | 47,434,000 | 94,775,000 | 32,925,000 | 64,311,000 | 93,324,000 | 89,134,000 | 23,520,000 | 17,453,000 | 28,940,000 | 45,897,000 | 22,480,000 | 49,731,000 | 54,765,000 | 30,489,000 | 6,208,000 | 34,377,000 | 22,154,000 | 63,791,000 | 2,490,000 | 2,372,000 | 1,432,000 | 46,235,000 | 1,990,000 | 7,198,000 | 10,096,000 | 89,859,000 | 6,764,000 | 6,812,000 | 5,792,000 | 61,020,000 | 5,507,000 | 4,464,000 | 4,067,000 | 67,361,000 | 8,637,000 | 6,128,000 | 6,881,000 | 35,082,000 | 4,864,000 | 5,845,000 | 6,776,000 | 40,875,000 | 8,137,000 | 9,034,000 | 8,587,000 | 61,959,000 | 9,339,000 | 9,374,000 | 8,153,000 | 23,923,000 | 15,127,000 | ||||||||||
current maturities of long-term debt | 6,646,000 | 6,740,000 | 7,249,000 | 7,187,000 | 7,813,000 | 8,232,000 | 957,292,000 | 954,031,000 | 950,529,000 | 946,981,000 | 8,956,000 | 8,929,000 | 8,796,000 | 8,807,000 | 8,084,000 | 8,829,000 | 8,756,000 | 8,732,000 | 9,333,000 | 258,690,000 | 258,691,000 | 258,688,000 | 258,295,000 | 8,259,000 | 374,878,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 49,000 | 60,000 | 71,000 | 6,342,000 | ||||||||||||||||||||||||||||||||||||||
total current liabilities | 1,380,796,000 | 1,345,531,000 | 1,327,664,000 | 1,331,810,000 | 1,399,299,000 | 1,309,746,000 | 2,304,811,000 | 2,260,779,000 | 2,311,776,000 | 2,320,622,000 | 1,305,223,000 | 1,373,385,000 | 1,473,266,000 | 1,419,899,000 | 1,480,659,000 | 1,415,334,000 | 1,415,654,000 | 1,251,191,000 | 1,175,179,000 | 1,417,469,000 | 1,503,965,000 | 1,427,051,000 | 1,324,595,000 | 1,023,085,000 | 1,105,049,000 | 1,073,087,000 | 1,051,676,000 | 1,435,812,000 | 1,138,914,000 | 1,096,831,000 | 1,148,461,000 | 1,323,514,000 | 877,771,000 | 1,128,727,000 | 937,384,000 | 1,020,098,000 | 1,214,025,000 | 1,245,107,000 | 870,182,000 | 937,304,000 | 954,692,000 | 785,099,000 | 751,994,000 | 824,525,000 | 784,009,000 | 789,484,000 | 707,894,000 | 737,386,000 | 786,300,000 | 676,710,000 | 699,968,000 | 724,586,000 | 778,186,000 | 700,963,000 | 1,005,936,000 | 1,020,203,000 | 1,101,213,000 | 1,016,111,000 | 651,027,000 | 655,454,000 | 685,029,000 | 679,835,000 | 695,660,000 | 752,508,000 | 637,201,000 | 553,115,000 | 582,578,000 | 664,777,000 | 528,204,000 | 515,646,000 | 526,397,000 |
long-term debt less current maturities | 2,850,778,000 | 2,850,165,000 | 2,850,697,000 | 2,850,206,000 | 2,850,944,000 | 2,851,621,000 | 2,852,604,000 | 2,357,176,000 | 2,358,719,000 | 2,360,380,000 | 3,294,438,000 | 3,292,559,000 | 3,290,549,000 | 3,294,287,000 | 3,294,101,000 | 3,309,150,000 | 3,315,147,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension and postretirement benefits | 358,984,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 661,349,000 | 595,066,000 | 594,504,000 | 594,788,000 | 589,366,000 | 499,098,000 | 504,907,000 | 500,581,000 | 498,106,000 | 467,827,000 | 466,135,000 | 471,457,000 | 475,212,000 | 354,053,000 | 291,841,000 | 281,515,000 | 278,183,000 | 236,566,000 | 237,461,000 | 224,477,000 | 218,779,000 | 170,322,000 | 165,253,000 | 176,113,000 | 176,574,000 | 145,154,000 | 142,428,000 | 179,669,000 | 197,093,000 | 139,192,000 | 125,425,000 | 114,688,000 | 9,571,000 | 13,875,000 | 23,164,000 | 20,992,000 | 86,902,000 | 81,407,000 | 86,853,000 | 86,853,000 | 86,853,000 | 71,741,000 | 71,749,000 | 73,543,000 | 73,543,000 | 76,502,000 | 71,284,000 | 70,402,000 | 68,560,000 | 68,086,000 | 69,485,000 | 69,485,000 | 69,203,000 | 70,299,000 | 71,438,000 | 69,474,000 | 70,703,000 | 71,501,000 | 69,176,000 | 62,832,000 | 66,435,000 | 47,343,000 | 47,565,000 | 47,347,000 | 54,610,000 | 47,995,000 | 52,701,000 | 52,583,000 | 51,563,000 | 52,654,000 | 50,184,000 |
other long-term liabilities | 225,397,000 | 226,316,000 | 222,324,000 | 206,216,000 | 211,219,000 | 217,008,000 | 220,551,000 | 193,172,000 | 191,917,000 | 163,768,000 | 165,421,000 | 137,230,000 | 141,840,000 | 153,773,000 | 160,401,000 | 166,906,000 | 162,623,000 | 174,473,000 | 172,626,000 | 161,988,000 | 157,399,000 | 138,543,000 | 139,517,000 | 145,923,000 | 115,356,000 | 102,140,000 | 101,378,000 | 100,134,000 | 99,070,000 | 104,083,000 | 104,185,000 | 107,894,000 | 88,336,000 | 99,568,000 | 99,480,000 | 95,663,000 | 101,056,000 | 110,713,000 | 108,427,000 | 105,491,000 | 112,176,000 | 86,379,000 | 85,213,000 | 84,765,000 | 84,062,000 | 78,222,000 | 79,464,000 | 88,483,000 | 87,313,000 | 82,608,000 | 82,699,000 | 81,541,000 | 82,701,000 | 73,693,000 | 95,176,000 | 94,527,000 | 91,068,000 | 87,544,000 | 87,252,000 | 82,530,000 | 103,774,000 | 91,749,000 | 87,388,000 | 86,368,000 | 91,542,000 | 90,728,000 | 89,093,000 | 53,275,000 | 50,870,000 | 54,562,000 | 54,233,000 |
shareholders’ investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.01 a share — authorized 160,000,000 shares; issued — none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 7,902,000 | 7,896,000 | 7,873,000 | 7,830,000 | 7,818,000 | 7,854,000 | 7,826,000 | 7,825,000 | 7,781,000 | 7,766,000 | 7,764,000 | 7,732,000 | 7,741,000 | 7,725,000 | 7,755,000 | 7,707,000 | 7,731,000 | 7,803,000 | 7,793,000 | 7,825,000 | 7,823,000 | 7,828,000 | 7,865,000 | 7,869,000 | 7,866,000 | 7,903,000 | 7,954,000 | 7,951,000 | 8,011,000 | ||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 620,069,000 | 617,598,000 | 614,189,000 | 602,887,000 | 571,178,000 | 560,849,000 | 549,130,000 | 529,715,000 | 506,179,000 | 499,304,000 | 488,100,000 | 477,470,000 | 469,468,000 | 459,272,000 | 451,836,000 | 377,708,000 | 360,336,000 | 354,162,000 | 319,048,000 | 298,988,000 | 289,554,000 | 276,592,000 | 265,128,000 | 230,529,000 | 184,921,000 | 170,143,000 | 163,980,000 | 130,196,000 | 106,528,000 | 27,975,000 | 10,971,000 | 19,242,000 | 11,287,000 | 5,676,000 | 10,318,000 | 6,879,000 | 7,550,000 | 37,000 | 7,794,000 | 26,671,000 | 23,494,000 | 19,963,000 | 17,996,000 | 3,291,000 | 3,856,000 | 6,037,000 | 13,537,000 | ||||||||||||||||||||||||
accumulated other comprehensive loss | -243,646,000 | -275,006,000 | -298,601,000 | -271,263,000 | -263,331,000 | -314,373,000 | -262,325,000 | -250,783,000 | -272,252,000 | -241,610,000 | -244,887,000 | -252,261,000 | -255,561,000 | -282,574,000 | -221,164,000 | -265,524,000 | -277,269,000 | -317,528,000 | -325,629,000 | -360,869,000 | -395,250,000 | -431,882,000 | -447,908,000 | -393,278,000 | -399,500,000 | -275,195,000 | -278,135,000 | -292,342,000 | -243,498,000 | -259,208,000 | -235,753,000 | -242,176,000 | -291,964,000 | -225,666,000 | -227,739,000 | -225,668,000 | -191,843,000 | -199,757,000 | -151,771,000 | -150,986,000 | -149,214,000 | -168,896,000 | -187,529,000 | ||||||||||||||||||||||||||||
retained earnings | 7,516,690,000 | 7,732,618,000 | 7,708,693,000 | 7,688,663,000 | 7,677,537,000 | 7,612,610,000 | 7,591,157,000 | 7,557,157,000 | 7,492,952,000 | 7,447,567,000 | 7,435,292,000 | 7,380,689,000 | 7,313,374,000 | 7,176,977,000 | 7,100,730,000 | 6,980,451,000 | 6,881,870,000 | 6,743,701,000 | 6,699,336,000 | 6,604,506,000 | 6,523,335,000 | 6,414,813,000 | 6,336,946,000 | 6,246,641,000 | 6,128,207,000 | 5,984,305,000 | 6,003,637,000 | 5,856,029,000 | 5,729,956,000 | 5,615,053,000 | 5,504,221,000 | 5,366,501,000 | 5,033,945,000 | 4,607,360,000 | 4,513,097,000 | 4,374,596,000 | 4,216,125,000 | 4,106,566,000 | 4,025,770,000 | 3,911,548,000 | 3,805,654,000 | 3,715,339,000 | 3,640,464,000 | 3,553,213,000 | 3,452,529,000 | 3,363,363,000 | 3,300,597,000 | 3,220,347,000 | 3,135,317,000 | 3,050,070,000 | 2,980,353,000 | 2,912,503,000 | 2,824,331,000 | 2,806,391,000 | 2,759,116,000 | 2,683,690,000 | 2,568,774,000 | 2,483,635,000 | 2,447,247,000 | 2,399,803,000 | 2,318,390,000 | 2,258,368,000 | 2,206,722,000 | 2,152,460,000 | 2,080,283,000 | 2,084,647,000 | 2,033,083,000 | 1,978,643,000 | 1,933,487,000 | 1,923,284,000 | 1,876,014,000 |
hormel foods corporation shareholders’ investment | 7,901,171,000 | 8,083,268,000 | 8,032,337,000 | 8,028,342,000 | 7,993,420,000 | 7,867,119,000 | 7,885,990,000 | 7,844,111,000 | 7,734,885,000 | 7,535,284,000 | 6,972,883,000 | 6,425,548,000 | 5,921,458,000 | 5,701,709,000 | 5,600,811,000 | 5,391,601,000 | 5,287,205,000 | 5,151,331,000 | 4,749,713,000 | 4,390,751,000 | 4,306,483,000 | 4,160,288,000 | 3,998,198,000 | 3,932,786,000 | 3,840,632,000 | 3,726,790,000 | 3,605,678,000 | 3,571,303,000 | 3,505,916,000 | 3,417,754,000 | 3,311,040,000 | 3,045,535,000 | 3,009,859,000 | 2,927,138,000 | 2,819,455,000 | 2,888,887,000 | 2,800,537,000 | 2,734,898,000 | 2,656,582,000 | 2,659,640,000 | 2,637,815,000 | 2,547,713,000 | 2,400,657,000 | 2,303,258,000 | 2,262,405,000 | 2,209,946,000 | |||||||||||||||||||||||||
noncontrolling interest | 14,644,000 | 9,824,000 | 9,604,000 | 10,101,000 | 10,590,000 | 10,106,000 | 10,462,000 | 4,455,000 | 4,100,000 | 4,598,000 | 5,108,000 | 5,089,000 | 4,936,000 | 5,272,000 | 5,812,000 | 5,736,000 | 5,478,000 | 5,448,000 | 5,178,000 | 5,195,000 | 4,778,000 | 4,322,000 | 4,140,000 | 4,281,000 | 4,077,000 | 4,264,000 | 4,448,000 | 4,070,000 | 4,007,000 | 4,167,000 | 4,428,000 | 4,043,000 | 3,467,000 | 3,196,000 | 3,156,000 | 3,225,000 | 3,195,000 | 3,226,000 | 3,183,000 | 5,526,000 | 6,378,000 | 8,277,000 | 7,228,000 | 6,677,000 | 5,539,000 | 8,349,000 | 7,973,000 | 6,814,000 | 5,470,000 | 7,312,000 | 5,286,000 | 4,208,000 | 3,234,000 | 6,975,000 | 5,433,000 | 4,271,000 | 5,982,000 | 4,464,000 | 3,448,000 | 2,769,000 | |||||||||||
total shareholders’ investment | 7,915,815,000 | 8,093,092,000 | 8,041,941,000 | 8,038,442,000 | 8,004,011,000 | 7,877,225,000 | 7,896,452,000 | 7,848,566,000 | 7,738,985,000 | 7,540,219,000 | 6,978,360,000 | 6,430,326,000 | 5,925,535,000 | 5,705,779,000 | 5,604,818,000 | 5,395,768,000 | 5,291,633,000 | 5,155,374,000 | 4,753,180,000 | 4,393,947,000 | 4,309,639,000 | 4,163,513,000 | 4,001,393,000 | 3,936,012,000 | 3,843,815,000 | 3,732,316,000 | 3,612,056,000 | 3,579,580,000 | 3,513,144,000 | 3,424,431,000 | 3,316,579,000 | 3,053,884,000 | 3,017,832,000 | 2,933,952,000 | 2,824,925,000 | 2,896,199,000 | 2,805,823,000 | 2,739,106,000 | 2,659,816,000 | 2,666,615,000 | 2,643,248,000 | 2,551,984,000 | 2,406,639,000 | 2,307,722,000 | 2,265,853,000 | 2,212,715,000 | 2,123,452,000 | 2,166,403,000 | 2,105,516,000 | 2,047,535,000 | 2,022,865,000 | 2,028,786,000 | 1,968,851,000 | 1,884,783,000 | 1,923,588,000 | 1,917,689,000 | 1,881,410,000 | ||||||||||||||
total liabilities and shareholders’ investment | 13,393,119,000 | 13,496,726,000 | 13,421,808,000 | 13,403,483,000 | 13,434,729,000 | 13,113,781,000 | 14,135,373,000 | 13,512,983,000 | 13,448,772,000 | 13,306,919,000 | 12,696,329,000 | 9,908,282,000 | 8,109,004,000 | 8,155,398,000 | 8,142,292,000 | 7,895,373,000 | 7,829,749,000 | 7,858,848,000 | 6,507,965,000 | 6,388,297,000 | 6,110,345,000 | 6,040,889,000 | 6,139,831,000 | 6,091,081,000 | 5,622,998,000 | 5,559,623,000 | 5,455,619,000 | 5,188,433,000 | 5,085,824,000 | 5,067,170,000 | 4,915,880,000 | 4,761,249,000 | 4,667,641,000 | 4,622,830,000 | 4,563,966,000 | 4,382,619,000 | 4,314,663,000 | 4,270,294,000 | 4,244,391,000 | 4,149,529,000 | 4,451,417,000 | 4,122,948,000 | 4,053,918,000 | 3,845,026,000 | 3,784,134,000 | 3,730,692,000 | 3,692,055,000 | 3,676,730,000 | 3,633,768,000 | 3,631,031,000 | 3,558,121,000 | 3,471,148,000 | 3,431,258,000 | 3,393,650,000 | 3,124,194,000 | 3,109,436,000 | 3,083,594,000 | ||||||||||||||
in thousands, except per | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share amounts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at october 30, 2022 | 546,237,000 | 546,237,000 | 546,237,000 | 546,237,000 | 546,237,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings | 909,140,000 | 908,354,000 | 979,148,000 | 1,012,582,000 | 687,264,000 | 606,026,000 | 530,076,000 | 504,961,000 | 479,196,000 | 399,776,000 | 342,813,000 | 301,892,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | 44,000 | -9,000 | 52,000 | 37,000 | 44,000 | 38,000 | 38,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock-based compensation awards, net of withholding taxes | 629,000 | 299,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares retired | -310,000 | -310,000 | -310,000 | -469,000 | -302,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends — 1.10 per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at october 29, 2023 | 546,599,000 | 546,599,000 | 546,599,000 | 546,599,000 | 546,599,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution from noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends — 1.13 per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at october 27, 2024 | 548,605,000 | 548,605,000 | 548,605,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends — 1.16 per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at october 26, 2025 | 550,107,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land | 74,411,000 | 73,372,000 | 73,291,000 | 75,159,000 | 74,670,000 | 74,760,000 | 75,000,000 | 74,626,000 | 72,648,000 | 73,510,000 | 73,952,000 | 74,303,000 | 74,274,000 | 75,053,000 | 74,992,000 | 72,133,000 | 72,085,000 | 64,228,000 | 62,561,000 | 62,543,000 | 54,971,000 | 54,670,000 | 54,450,000 | 49,758,000 | 49,801,000 | 49,642,000 | 49,162,000 | 50,332,000 | 51,145,000 | 52,007,000 | 51,481,000 | 46,847,000 | 67,192,000 | 70,846,000 | 70,860,000 | 71,192,000 | 70,950,000 | 61,426,000 | 61,813,000 | 61,809,000 | 61,564,000 | 61,557,000 | 61,516,000 | 58,506,000 | 58,589,000 | 57,611,000 | 56,506,000 | 56,258,000 | 56,270,000 | 56,245,000 | 56,231,000 | 56,273,000 | 55,676,000 | 55,647,000 | 55,617,000 | 54,017,000 | 53,074,000 | 53,063,000 | 52,948,000 | 52,952,000 | 52,914,000 | 52,945,000 | 52,939,000 | 52,328,000 | 51,839,000 | 48,723,000 | 48,663,000 | 48,077,000 | 48,951,000 | 48,697,000 | |
buildings | 1,506,306,000 | 1,498,515,000 | 1,480,204,000 | 1,503,519,000 | 1,471,787,000 | 1,469,520,000 | 1,464,811,000 | 1,458,354,000 | 1,426,048,000 | 1,420,419,000 | 1,405,861,000 | 1,398,255,000 | 1,392,584,000 | 1,349,098,000 | 1,339,344,000 | 1,332,881,000 | 1,331,987,000 | 1,286,802,000 | 1,256,462,000 | 1,250,529,000 | 1,152,620,000 | 1,152,119,000 | 1,138,514,000 | 1,083,902,000 | 1,035,755,000 | 1,011,242,000 | 958,884,000 | 956,260,000 | 904,750,000 | 900,139,000 | 890,026,000 | 757,190,000 | 788,308,000 | 821,303,000 | 817,691,000 | 815,643,000 | 815,111,000 | 807,308,000 | 810,674,000 | 803,722,000 | 789,425,000 | 786,815,000 | 783,098,000 | 784,133,000 | 782,142,000 | 780,877,000 | 771,628,000 | 767,876,000 | 757,474,000 | 757,331,000 | 749,757,000 | 749,143,000 | 740,655,000 | 738,892,000 | 736,006,000 | 729,718,000 | 726,949,000 | 730,233,000 | 723,859,000 | 723,553,000 | 708,692,000 | 672,588,000 | 668,516,000 | 656,584,000 | 646,796,000 | 627,774,000 | 615,245,000 | 594,058,000 | 571,618,000 | 569,930,000 | |
equipment | 2,940,137,000 | 2,912,555,000 | 2,900,493,000 | 2,905,058,000 | 2,815,248,000 | 2,801,333,000 | 2,781,258,000 | 2,781,730,000 | 2,717,472,000 | 2,681,525,000 | 2,641,581,000 | 2,636,660,000 | 2,554,146,000 | 2,486,841,000 | 2,473,366,000 | 2,415,063,000 | 2,382,940,000 | 2,229,687,000 | 2,093,204,000 | 2,084,930,000 | 2,045,238,000 | 2,017,183,000 | 1,990,262,000 | 1,965,478,000 | 1,887,368,000 | 1,851,640,000 | 1,819,284,000 | 1,863,020,000 | 1,806,543,000 | 1,808,954,000 | 1,776,526,000 | 1,665,520,000 | 1,658,308,000 | 1,706,597,000 | 1,690,232,000 | 1,679,100,000 | 1,678,830,000 | 1,652,403,000 | 1,644,200,000 | 1,597,044,000 | 1,564,491,000 | 1,558,011,000 | 1,546,306,000 | 1,532,527,000 | 1,519,715,000 | 1,501,230,000 | 1,452,593,000 | 1,435,630,000 | 1,414,891,000 | 1,405,774,000 | 1,401,244,000 | 1,393,128,000 | 1,376,515,000 | 1,373,275,000 | 1,362,978,000 | 1,358,237,000 | 1,344,240,000 | 1,318,830,000 | 1,318,651,000 | 1,317,845,000 | 1,318,029,000 | 1,311,505,000 | 1,303,471,000 | 1,253,612,000 | 1,225,630,000 | 1,212,071,000 | 1,192,481,000 | 1,152,469,000 | 1,152,517,000 | 1,129,422,000 | |
construction in progress | 330,408,000 | 297,683,000 | 270,214,000 | 228,726,000 | 274,823,000 | 241,749,000 | 215,086,000 | 195,665,000 | 216,478,000 | 200,898,000 | 226,908,000 | 216,246,000 | 238,690,000 | 316,840,000 | 282,656,000 | 316,455,000 | 263,632,000 | 257,658,000 | 389,477,000 | 369,453,000 | 384,052,000 | 325,075,000 | 275,498,000 | 256,190,000 | 242,369,000 | 259,683,000 | 302,929,000 | 332,205,000 | 311,177,000 | 226,119,000 | 174,733,000 | 152,217,000 | 181,647,000 | 132,975,000 | 94,682,000 | 79,964,000 | 63,876,000 | 83,382,000 | 73,153,000 | 119,657,000 | 122,528,000 | 120,427,000 | 104,612,000 | 85,696,000 | 74,153,000 | 83,331,000 | 75,422,000 | 82,254,000 | 91,809,000 | 73,315,000 | 62,322,000 | 50,286,000 | 49,767,000 | 43,971,000 | 43,158,000 | 45,283,000 | 56,376,000 | 62,348,000 | 53,390,000 | 41,722,000 | 45,947,000 | 68,691,000 | 63,977,000 | 88,160,000 | 99,109,000 | 107,364,000 | 114,415,000 | 129,694,000 | 151,464,000 | 145,974,000 | |
less: allowance for depreciation | -2,638,553,000 | -2,590,282,000 | -2,549,414,000 | -2,517,734,000 | -2,467,997,000 | -2,424,237,000 | -2,380,631,000 | -2,344,557,000 | -2,301,168,000 | -2,257,203,000 | -2,223,900,000 | -2,184,319,000 | -2,141,628,000 | -2,104,237,000 | -2,068,524,000 | -2,027,414,000 | -1,983,503,000 | -1,940,887,000 | -1,903,438,000 | -1,869,233,000 | -1,836,869,000 | -1,798,882,000 | -1,763,497,000 | -1,726,217,000 | -1,698,907,000 | -1,677,640,000 | -1,646,578,000 | -1,689,217,000 | -1,663,305,000 | -1,633,366,000 | -1,599,700,000 | -1,567,678,000 | |||||||||||||||||||||||||||||||||||||||
net property, plant, and equipment | 2,212,709,000 | 2,191,843,000 | 2,174,789,000 | 2,194,728,000 | 2,168,531,000 | 2,163,124,000 | 2,155,524,000 | 2,165,818,000 | 2,131,479,000 | 2,119,149,000 | 2,124,402,000 | 2,141,146,000 | 2,109,117,000 | 1,898,222,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension and post-retirement benefits | 386,554,000 | 384,678,000 | 382,022,000 | 379,891,000 | 359,083,000 | 356,048,000 | 352,709,000 | 349,268,000 | 396,297,000 | 392,914,000 | 389,423,000 | 385,832,000 | 551,458,000 | 550,047,000 | 547,779,000 | 546,362,000 | 559,958,000 | 557,400,000 | 555,220,000 | 552,878,000 | 545,988,000 | 542,753,000 | 539,972,000 | 536,490,000 | 492,860,000 | 488,479,000 | 484,004,000 | 477,557,000 | 534,698,000 | 535,282,000 | 532,652,000 | 529,107,000 | 516,055,000 | 513,842,000 | 511,615,000 | 509,261,000 | 508,667,000 | 506,742,000 | 504,649,000 | 502,693,000 | 487,375,000 | 485,473,000 | 483,449,000 | 481,230,000 | 589,659,000 | 612,451,000 | 613,009,000 | 615,428,000 | 477,102,000 | 476,173,000 | 475,061,000 | 473,688,000 | 458,258,000 | 457,057,000 | 456,234,000 | 454,998,000 | 433,649,000 | 430,002,000 | 429,993,000 | 429,800,000 | 388,743,000 | 395,204,000 | 394,620,000 | 456,513,000 | 448,519,000 | 440,810,000 | |||||
in thousands, except per share amounts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at april 28, 2024 | 548,030,000 | 548,030,000 | 548,030,000 | 548,030,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends – 0.2825 per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at july 28, 2024 | 548,329,000 | 548,329,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at april 27, 2025 | 549,888,000 | 549,888,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends – 0.2900 per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at july 27, 2025 | 549,998,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at january 28, 2024 | 547,596,000 | 547,596,000 | 547,596,000 | 547,596,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options/restricted shares | 382,000 | 997,000 | 212,000 | 56,000 | 228,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at january 26, 2025 | 549,785,000 | 549,785,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other intangibles | 1,732,705,000 | 1,743,615,000 | 1,748,778,000 | 1,753,156,000 | 1,757,171,000 | 1,790,761,000 | 1,794,668,000 | 1,798,732,000 | 1,803,027,000 | 1,808,235,000 | 1,814,501,000 | 1,817,165,000 | 1,822,273,000 | 1,863,713,000 | 1,068,399,000 | 1,073,455,000 | 1,076,285,000 | 1,080,546,000 | 1,023,936,000 | 1,031,804,000 | 1,033,862,000 | 1,038,127,000 | 1,040,392,000 | 1,204,991,000 | 1,207,219,000 | 1,236,897,000 | 1,251,296,000 | 1,023,322,000 | 882,717,000 | 815,236,000 | 823,130,000 | 825,069,000 | 827,219,000 | 548,967,000 | 550,854,000 | 552,820,000 | 554,890,000 | 373,716,000 | 376,058,000 | 378,361,000 | 378,093,000 | 380,410,000 | 382,816,000 | 120,882,000 | 123,072,000 | 125,367,000 | 127,593,000 | 129,620,000 | 132,046,000 | 134,330,000 | 136,603,000 | 139,023,000 | 141,522,000 | 144,268,000 | 146,845,000 | 121,760,000 | 140,854,000 | 143,483,000 | 146,047,000 | 148,634,000 | 150,494,000 | 153,378,000 | 156,179,000 | 162,237,000 | 142,211,000 | 145,059,000 | 149,605,000 | ||||
balance at october 31, 2021 | 542,412,000 | 542,412,000 | 542,412,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options/ restricted shares | 3,787,000 | 2,956,000 | 5,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends — 1.04 per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at april 30, 2023 | 546,255,000 | 546,255,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends – 0.2750 per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at july 30, 2023 | 546,467,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at january 29, 2023 | 546,466,000 | 546,466,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 744,116,000 | 750,295,000 | 764,525,000 | 799,202,000 | 826,729,000 | 799,368,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at october 25, 2020 | 539,887,000 | 539,887,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends — 0.98 per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders' investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee related expenses | 241,879,000 | 228,675,000 | 213,540,000 | 279,072,000 | 248,551,000 | 244,664,000 | 214,350,000 | 241,977,000 | 216,065,000 | 226,111,000 | 204,191,000 | 252,845,000 | 214,394,000 | 179,328,000 | 164,933,000 | 213,515,000 | 193,049,000 | 182,720,000 | 160,242,000 | 224,736,000 | 201,353,000 | 180,132,000 | 157,667,000 | 188,327,000 | 214,628,000 | 195,151,000 | 164,288,000 | 232,309,000 | 197,304,000 | 177,699,000 | 147,730,000 | 209,874,000 | 183,431,000 | 163,501,000 | 142,902,000 | 192,063,000 | 182,592,000 | 161,975,000 | 138,077,000 | 193,463,000 | 176,886,000 | 161,272,000 | 139,030,000 | 195,258,000 | 176,451,000 | 156,962,000 | 128,906,000 | 187,116,000 | 164,460,000 | 166,406,000 | 146,427,000 | 181,531,000 | |||||||||||||||||||
shareholders' investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.01 a share– | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 160,000,000 shares: issued–none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 400,000,000 shares: issued–none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 1,600,000,000 shares: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of july 30, 2023: 546,466,703 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of october 30, 2022: 546,237,051 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hormel foods corporation shareholders' investment | 7,713,265,000 | 7,686,507,000 | 7,613,904,000 | 7,361,676,000 | 7,339,402,000 | 7,100,589,000 | 6,788,284,000 | 6,700,672,000 | 6,550,532,000 | 6,267,425,000 | 6,162,061,000 | 6,091,764,000 | 5,887,071,000 | 5,897,336,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders' investment | 7,717,863,000 | 7,691,615,000 | 7,618,993,000 | 7,366,948,000 | 7,345,214,000 | 7,106,325,000 | 6,793,732,000 | 6,705,851,000 | 6,555,727,000 | 6,271,747,000 | 6,166,202,000 | 6,096,045,000 | 5,891,335,000 | 5,901,784,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders' investment | 13,426,757,000 | 13,315,745,000 | 13,283,047,000 | 13,140,418,000 | 13,122,263,000 | 12,827,009,000 | 12,332,182,000 | 9,889,004,000 | 9,957,932,000 | 9,600,472,000 | 8,395,181,000 | 8,290,109,000 | 7,954,576,000 | 7,935,745,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of april 30, 2023: 546,255,027 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses | 40,063,000 | 31,478,000 | 24,971,000 | 26,250,000 | 23,875,000 | 21,356,000 | 18,349,000 | 16,968,000 | 24,229,000 | 24,817,000 | 22,637,000 | 22,606,000 | 24,219,000 | 23,601,000 | 16,342,000 | 14,542,000 | 18,534,000 | 15,581,000 | 17,096,000 | 15,832,000 | 13,908,000 | 13,820,000 | 14,383,000 | 17,376,000 | 14,546,000 | 29,534,000 | 15,250,000 | 13,140,000 | 12,293,000 | 13,888,000 | 13,000,000 | 14,867,000 | 12,037,000 | 13,276,000 | 12,772,000 | 12,865,000 | 11,986,000 | 12,952,000 | 10,048,000 | 11,859,000 | 12,756,000 | 13,612,000 | 12,153,000 | 13,342,000 | 11,911,000 | 11,256,000 | 9,130,000 | ||||||||||||||||||||||||
other current assets | 13,218,000 | 56,826,000 | 14,943,000 | 13,534,000 | 27,707,000 | 8,935,000 | 12,438,000 | 13,956,000 | 16,410,000 | 10,976,000 | 14,457,000 | 11,335,000 | 12,132,000 | 4,761,000 | 6,662,000 | 5,920,000 | 5,138,000 | 4,417,000 | 4,433,000 | 8,432,000 | 5,356,000 | 7,484,000 | 9,422,000 | 6,850,000 | 5,691,000 | 7,821,000 | 6,738,000 | 9,164,000 | 5,975,000 | 10,034,000 | 7,379,000 | 9,723,000 | 7,920,000 | 8,272,000 | 5,555,000 | 5,806,000 | 8,345,000 | 8,960,000 | 8,417,000 | 10,842,000 | 17,937,000 | 22,655,000 | 23,635,000 | 17,420,000 | 19,167,000 | 19,483,000 | 19,253,000 | ||||||||||||||||||||||||
investments in and receivables from affiliates | 701,629,000 | 271,058,000 | 277,727,000 | 275,849,000 | 286,493,000 | 299,019,000 | 304,417,000 | 309,256,000 | 304,867,000 | 308,372,000 | 298,638,000 | 303,194,000 | 290,777,000 | 289,157,000 | 279,265,000 | 276,478,000 | 277,837,000 | 273,153,000 | 276,462,000 | 265,579,000 | 262,147,000 | 248,129,000 | 257,061,000 | 254,949,000 | 253,589,000 | 258,998,000 | 245,618,000 | 264,054,000 | 255,777,000 | 264,451,000 | 263,136,000 | 267,706,000 | 258,128,000 | 270,609,000 | 269,221,000 | 284,043,000 | 280,886,000 | 286,537,000 | 296,785,000 | 301,685,000 | 292,901,000 | 295,698,000 | 227,810,000 | 222,817,000 | 211,169,000 | 214,389,000 | 132,433,000 | 130,869,000 | 110,158,000 | 86,599,000 | 87,017,000 | 80,590,000 | 90,100,000 | 92,150,000 | 95,213,000 | 100,222,000 | 102,060,000 | 102,341,000 | 94,632,000 | 103,619,000 | |||||||||||
shares issued as of january 29, 2023: 546,465,522 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at october 27, 2019 | 534,489,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution from non-controlling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends — 0.93 per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net property, plant and equipment | 2,118,067,000 | 2,123,595,000 | 2,101,835,000 | 2,067,141,000 | 1,897,489,000 | 1,898,265,000 | 1,800,012,000 | 1,750,165,000 | 1,695,228,000 | 1,629,111,000 | 1,516,386,000 | 1,494,567,000 | 1,483,681,000 | 1,512,600,000 | 1,410,310,000 | 1,353,853,000 | 1,293,066,000 | 1,054,096,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of july 31, 2022: 546,155,583 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of october 31, 2021: 542,412,403 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of may 1, 2022: 546,052,763 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 160,000,000 shares; issued–none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 400,000,000 shares; issued–none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 1,600,000,000 shares; | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of january 30, 2022: 543,011,868 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued workers compensation | 27,350,000 | 29,278,000 | 28,681,000 | 28,643,000 | 25,070,000 | 28,305,000 | 25,339,000 | 27,116,000 | 24,272,000 | 25,515,000 | 24,935,000 | 25,215,000 | 24,594,000 | 27,289,000 | 25,702,000 | 29,754,000 | 24,842,000 | 38,296,000 | 37,828,000 | 37,683,000 | 37,009,000 | 38,608,000 | 38,100,000 | 37,622,000 | 35,406,000 | 38,361,000 | 39,207,000 | 40,190,000 | 38,217,000 | 37,169,000 | 35,991,000 | 35,623,000 | 33,543,000 | 33,689,000 | 33,281,000 | 32,897,000 | 32,218,000 | 33,579,000 | 33,709,000 | 33,600,000 | 33,022,000 | 32,518,000 | 31,970,000 | 29,813,000 | 29,421,000 | 29,724,000 | 29,568,000 | 28,551,000 | 28,963,000 | 28,832,000 | 28,632,000 | 27,372,000 | 29,219,000 | 30,084,000 | 28,051,000 | ||||||||||||||||
net sales | 11,386,189,000 | 9,608,462,000 | 9,497,317,000 | 9,545,700,000 | 9,263,863,000 | 9,316,256,000 | 8,751,654,000 | 8,230,670,000 | 7,895,089,000 | 7,220,719,000 | 6,533,671,000 | 6,193,032,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of products sold | 9,458,283,000 | 7,782,498,000 | 7,612,669,000 | 7,550,267,000 | 7,455,282,000 | 7,751,273,000 | 7,338,838,000 | 6,898,819,000 | 6,560,976,000 | 5,981,977,000 | 5,434,800,000 | 4,778,505,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross profit | 1,927,906,000 | 1,825,963,000 | 1,884,648,000 | 1,995,433,000 | 1,808,581,000 | 1,564,983,000 | 1,412,816,000 | 1,331,851,000 | 1,334,113,000 | 1,238,742,000 | 1,098,871,000 | 1,414,527,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general, and administrative | 853,071,000 | 761,315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of affiliates | 47,763,000 | 35,572,000 | 39,201,000 | 58,972,000 | 23,887,000 | 17,585,000 | 20,513,000 | 38,691,000 | 26,757,000 | 13,126,000 | 1,628,000 | 3,470,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 1,122,599,000 | 1,100,220,000 | 1,196,265,000 | 1,198,921,000 | 1,067,320,000 | 931,620,000 | 805,989,000 | 764,674,000 | 742,284,000 | 646,575,000 | 533,414,000 | 483,920,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income and expense: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and investment income | 46,878,000 | 35,596,000 | 31,520,000 | 8,857,000 | 2,934,000 | 3,236,000 | 4,971,000 | 6,520,000 | 4,565,000 | 19,563,000 | 13,624,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -43,307,000 | -21,069,000 | -18,070,000 | -26,494,000 | -13,111,000 | -12,453,000 | -12,859,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings before income taxes | 1,126,170,000 | 1,114,747,000 | 1,209,715,000 | 1,181,284,000 | 1,057,143,000 | 922,152,000 | 798,507,000 | 758,335,000 | 718,836,000 | 624,551,000 | 524,982,000 | 469,837,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | 217,029,000 | 206,393,000 | 230,567,000 | 168,702,000 | 369,879,000 | 316,126,000 | 268,431,000 | 253,374,000 | 239,640,000 | 224,775,000 | 182,169,000 | 167,945,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net earnings attributable to noncontrolling interest | 301,000 | 272,000 | 342,000 | 442,000 | 1,176,000 | 3,349,000 | 3,865,000 | 4,911,000 | 5,001,000 | 4,189,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings attributable to hormel foods corporation | 908,839,000 | 908,082,000 | 978,806,000 | 1,012,140,000 | 686,088,000 | 602,677,000 | 526,211,000 | 474,195,000 | 395,587,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,680 | 1,690 | 1,830 | 1,910 | 2,600 | 2,280 | 1,990 | 263,466,000 | 1,780 | 2,970 | 2,550 | 2,200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 1,660 | 1,660 | 1,800 | 1,860 | 2,540 | 2,230 | 1,950 | 268,891,000 | 1,740 | 2,920 | 2,530 | 2,170 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes receivable | 16,408,000 | 9,263,000 | 8,997,000 | 572,000 | 342,000 | 187,000 | 19,924,000 | 667,000 | 293,000 | 147,000 | 3,995,000 | 4,641,000 | 2,930,000 | 176,000 | 7,015,000 | 6,132,000 | 15,466,000 | 28,739,000 | 25,678,000 | 6,622,000 | 14,603,000 | 2,868,000 | 17,181,000 | 16,460,000 | 18,799,000 | 16,649,000 | 24,423,000 | 16,830,000 | 4,187,000 | 8,525,000 | 6,421,000 | 7,217,000 | |||||||||||||||||||||||||||||||||||||||
long-term debt - less current maturities | 3,316,262,000 | 1,040,486,000 | 1,043,050,000 | 1,046,821,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of july 25, 2021: 542,536,431 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of october 25, 2020: 539,887,092 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of april 25, 2021: 540,410,998 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of january 24, 2021: 539,796,305 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt – less current maturities | 1,044,936,000 | 250,000,000 | 624,840,000 | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 350,005,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill/intangible impairment | 17,279,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share– | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of july 26, 2020: 539,387,013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of october 27, 2019: 534,488,746 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt–less current maturities | 56,861,000 | 308,972,000 | 250,000,000 | 250,000,000 | 250,000,000 | 624,801,000 | 624,763,000 | 624,726,000 | 250,000,000 | 250,000,000 | 250,000,000 | 350,020,000 | 350,035,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued as of april 26, 2020: 538,949,485 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 537,414,897 shares january 26, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 534,488,746 shares october 27, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general and administrative | 727,584,000 | 838,205,000 | 743,611,000 | 650,948,000 | 627,340,000 | 605,868,000 | 618,586,000 | 605,293,000 | 567,085,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 533,679,626 shares july 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 534,135,484 shares october 28, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 536,092,537 shares april 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
a share–authorized 400,000,000 shares; issued–none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 534,169,855 shares january 27, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term debt | 95,000,000 | 185,000,000 | 255,000,000 | 145,000,000 | 185,000,000 | 350,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 531,103,604 shares july 29, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 528,423,605 shares october 29, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 530,132,619 shares april 29, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 529,988,220 shares january 28, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 527,739,696 shares july 30, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 528,483,868 shares october 30, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less allowance for depreciation | -1,682,791,000 | -1,659,462,000 | -1,634,160,000 | -1,626,957,000 | -1,614,451,000 | -1,559,858,000 | -1,528,011,000 | -1,505,529,000 | -1,404,652,000 | -1,384,136,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt—less current maturities | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,013,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ investment * | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share— | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 160,000,000 shares; issued—none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
a share—authorized 400,000,000 shares; issued—none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 529,133,276 shares july 24, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 528,411,628 shares october 25, 2015 | 7,752,000 | 7,765,000 | 7,755,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share – authorized 160,000,000 shares; issued – none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 530,044,459 shares april 24, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share—authorized 160,000,000 shares; issued—none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 529,366,392 shares january 24, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt — less current maturities | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 350,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment charge | 21,537,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share— authorized 160,000,000 shares; issued—none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 264,322,372 shares july 26, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 263,613,201 shares october 26, 2014 | 7,745,000 | 7,740,000 | 7,729,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 264,173,415 shares april 26, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 800,000,000 shares; | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 263,772,397 shares january 25, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 263,658,296 shares october 27, 2013 | 7,724,000 | 7,735,000 | 7,733,000 | 7,733,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 264,002,693 shares july 27, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 263,929,263 shares april 27, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 263,927,305 shares january 26, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share — authorized 160,000,000 shares; issued — none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 264,054,986 shares july 28, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 263,044,280 shares october 28, 2012 | 7,737,000 | 7,763,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 264,944,979 shares april 28, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share-- authorized 160,000,000 shares; issued—none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 263,247,237 shares july 29, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 263,963,251 shares october 30, 2011 | 7,713,000 | 7,713,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share-- | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized 160,000,000 shares; issued – none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
a share – authorized 400,000,000 shares; issued – none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 263,239,531 shares april 29, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholder’s investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ investment* | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 265,963,080 shares october 31, 2010 | 7,734,000 | 7,835,000 | 7,821,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long term debt — less current maturities | 250,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less current maturities | 250,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 267,418,190 shares may 1, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 266,918,934 shares january 30, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share — authorized 80,000,000 shares; issued — none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share—authorized 80,000,000 shares; issued—none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 133,069,235 shares july 25, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 133,593,719 shares october 25, 2009 | 7,798,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share— authorized 80,000,000 shares; issued—none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable/short-term debt | 60,000,000 | 100,000,000 | 100,000,000 | 75,000,000 | 25,000,000 | 70,000,000 | 10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income taxes | 7,009,000 | 4,554,000 | 37,458,000 | 9,448,000 | 15,686,000 | 32,477,000 | 5,927,000 | 4,141,000 | 26,543,000 | 42,665,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee compensation | 103,115,000 | 84,092,000 | 69,080,000 | 98,267,000 | 91,900,000 | 79,649,000 | 111,051,000 | 96,232,000 | 84,850,000 | 71,046,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes, other than federal income taxes | 5,575,000 | 9,477,000 | 10,215,000 | 66,000 | 1,611,000 | 4,408,000 | 5,454,000 | 2,622,000 | 5,326,000 | 9,038,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends payable | 25,599,000 | 25,579,000 | 24,957,000 | 25,174,000 | 25,167,000 | 25,155,000 | 20,745,000 | 20,691,000 | 20,725,000 | 20,652,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 135,764,226 shares april 27, 2008 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 135,677,494 shares october 28, 2007 | 7,956,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short–term marketable securities | 47,799,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable/short–term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long–term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension and post - retirement benefits | 440,736,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid–in capital | 612,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 a share – authorized 80,000,000 shares; issued– none | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling and delivery | 771,597,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
administrative and general | 162,480,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total expenses | 934,077,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net pension assets | 59,984,000 | 61,767,000 | 64,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated postretirement benefit obligation | 271,519,000 | 271,519,000 | 271,519,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares held in treasury—300,000 shares october 29, 2006 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 137,616,109 shares april 29, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 137,639,954 shares october 29, 2006 | 8,064,000 | 8,078,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares held in treasury– 300,000 shares october 29, 2006 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 137,850,202 shares january 28, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares held in treasury- 27,500 shares january 28, 2007 300,000 shares october 29, 2006 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-04-26 | 2026-01-25 | 2025-10-26 | 2025-07-27 | 2025-04-27 | 2025-01-26 | 2024-10-27 | 2024-07-28 | 2024-04-28 | 2024-01-28 | 2023-10-29 | 2023-07-30 | 2023-04-30 | 2023-01-29 | 2022-10-30 | 2022-07-31 | 2022-05-01 | 2022-01-30 | 2021-10-31 | 2021-07-25 | 2021-04-25 | 2021-01-24 | 2020-10-25 | 2020-07-26 | 2020-04-26 | 2020-01-26 | 2019-10-27 | 2019-07-28 | 2019-04-28 | 2019-01-27 | 2018-10-28 | 2018-07-29 | 2018-04-29 | 2018-01-28 | 2017-07-30 | 2017-04-30 | 2017-01-29 | 2016-07-24 | 2016-04-24 | 2016-01-24 | 2015-10-25 | 2015-07-26 | 2015-04-26 | 2015-01-25 | 2014-10-26 | 2014-07-27 | 2014-04-27 | 2014-01-26 | 2013-10-27 | 2013-07-28 | 2013-04-28 | 2013-01-27 | 2012-10-28 | 2012-07-29 | 2012-04-29 | 2012-01-29 | 2011-10-30 | 2011-07-31 | 2011-05-01 | 2011-01-30 | 2010-10-31 | 2010-07-25 | 2010-04-25 | 2010-01-24 | 2009-10-25 | 2009-07-26 | 2009-04-26 | 2009-01-25 | 2008-07-27 | 2008-04-27 | 2008-01-27 | 2007-10-28 | 2007-07-29 | 2007-04-29 | 2007-01-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings | 157,378,000 | 181,769,000 | -56,204,000 | 183,696,000 | 179,742,000 | 170,530,000 | 219,960,000 | 176,735,000 | 189,207,000 | 218,729,000 | 195,483,000 | 162,571,000 | 217,215,000 | 217,651,000 | 280,011,000 | 218,826,000 | 261,679,000 | 239,710,000 | 281,750,000 | 177,074,000 | 227,921,000 | 222,395,000 | 234,526,000 | 203,260,000 | 227,615,000 | 242,953,000 | 255,566,000 | 199,427,000 | 282,636,000 | 241,519,000 | 261,496,000 | 210,353,000 | 237,522,000 | 303,211,000 | 628,740,000 | 446,189,000 | 235,303,000 | 646,327,000 | 450,551,000 | 235,167,000 | 187,443,000 | 146,956,000 | 180,435,000 | 172,430,000 | 171,848,000 | 139,014,000 | 140,706,000 | 154,458,000 | 158,485,000 | 113,905,000 | 126,641,000 | 131,045,000 | 134,286,000 | 112,407,000 | 128,935,000 | 129,333,000 | 118,495,000 | 99,964,000 | 110,702,000 | 150,035,000 | 122,608,000 | 86,364,000 | 78,535,000 | 112,269,000 | 103,876,000 | 77,169,000 | 80,385,000 | 81,383,000 | 51,947,000 | 77,561,000 | 88,181,000 | 101,192,000 | 57,374,000 | 68,001,000 | 75,325,000 |
adjustments to reconcile to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 68,826,000 | 67,095,000 | 64,692,000 | 63,963,000 | 65,872,000 | 63,658,000 | 63,629,000 | 64,067,000 | 74,754,000 | 70,785,000 | 70,893,000 | 65,132,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of affiliates | -17,229,000 | -15,820,000 | 148,453,000 | -11,153,000 | -15,350,000 | -16,111,000 | -11,838,000 | -7,977,000 | -15,182,000 | -16,091,000 | -541,000 | -9,784,000 | -16,870,000 | -15,559,000 | -7,234,000 | -7,137,000 | -5,916,000 | -6,898,000 | -10,041,000 | -10,420,000 | -13,074,000 | -14,228,000 | -9,729,000 | -8,235,000 | -10,020,000 | -7,588,000 | -11,068,000 | -3,384,000 | -13,291,000 | -11,458,000 | -8,814,000 | -13,141,000 | -13,486,000 | -23,531,000 | |||||||||||||||||||||||||||||||||||||||||
distributions received from equity method investees | 6,250,000 | 13,051,000 | 11,250,000 | 12,703,000 | 6,250,000 | 19,894,000 | 13,058,000 | 7,266,000 | 10,000,000 | 15,731,000 | 10,000,000 | 14,508,000 | 10,000,000 | 3,652,000 | 12,500,000 | 0 | 12,500,000 | 18,039,000 | 11,250,000 | 11,249,000 | 11,250,000 | 11,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for deferred income taxes | -7,835,000 | 139,000 | 54,277,000 | -1,119,000 | -216,000 | -70,000 | 89,092,000 | -954,000 | -289,000 | -179,000 | 32,067,000 | 206,000 | -168,000 | -311,000 | 105,573,000 | 71,948,000 | -887,000 | 366,000 | 26,302,000 | 368,000 | 1,672,000 | 335,000 | 33,929,000 | -283,000 | -1,656,000 | 49,000 | 66,562,000 | 19,000 | -38,065,000 | 125,000 | 48,669,000 | 18,376,000 | -5,630,000 | -68,856,000 | 11,359,000 | 11,336,000 | 11,215,000 | 4,428,000 | -2,397,000 | -1,735,000 | 10,360,000 | 1,161,000 | 7,418,000 | -257,000 | 2,211,000 | 428,000 | 4,485,000 | 976,000 | 1,712,000 | 3,692,000 | 28,144,000 | -2,602,000 | |||||||||||||||||||||||
non-cash investment activities | -2,012,000 | -3,237,000 | -4,834,000 | -10,446,000 | 3,812,000 | -2,547,000 | -3,055,000 | -5,698,000 | -2,192,000 | -12,612,000 | 9,655,000 | -4,950,000 | 742,000 | -7,839,000 | 5,688,000 | -395,000 | 8,049,000 | 5,956,000 | -2,413,000 | -5,276,000 | -4,833,000 | -11,693,000 | -4,350,000 | -9,330,000 | 11,126,000 | -12,761,000 | -402,000 | -2,146,000 | -8,116,000 | -9,516,000 | 1,788,000 | -1,245,000 | 2,429,000 | -10,880,000 | -1,247,000 | -375,000 | 2,081,000 | -1,068,000 | -1,270,000 | -447,000 | -135,000 | -218,000 | 3,638,000 | 377,000 | 96,000 | ||||||||||||||||||||||||||||||
stock-based compensation expense | 9,526,000 | 6,919,000 | 4,215,000 | 4,852,000 | 11,081,000 | 5,454,000 | 3,121,000 | 5,107,000 | 10,561,000 | 4,444,000 | 3,131,000 | 5,034,000 | 10,710,000 | 5,202,000 | 4,010,000 | 4,565,000 | 10,040,000 | 6,328,000 | 4,431,000 | 4,479,000 | 8,053,000 | 7,781,000 | 3,269,000 | 3,724,000 | 6,167,000 | 9,298,000 | 3,000,000 | 3,193,000 | 5,568,000 | 7,946,000 | 2,939,000 | 6,265,000 | 4,052,000 | 7,339,000 | 13,867,000 | 11,861,000 | 7,240,000 | 16,091,000 | 14,178,000 | 7,162,000 | 1,457,000 | 5,524,000 | 1,703,000 | 1,746,000 | 5,987,000 | 4,957,000 | 1,167,000 | 4,523,000 | 6,330,000 | 5,576,000 | 2,519,000 | 3,062,000 | 4,889,000 | 6,240,000 | 2,409,000 | 2,578,000 | 4,002,000 | 8,240,000 | 2,534,000 | 2,682,000 | 3,824,000 | 5,362,000 | |||||||||||||
operating lease cost | 10,787,000 | 10,821,000 | 11,430,000 | 11,366,000 | 9,527,000 | 9,580,000 | 9,721,000 | 9,678,000 | 9,516,000 | 8,675,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of business | 60,214,000 | -23,508,000 | 0 | 0 | 0 | 10,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-cash | 1,268,000 | 1,465,000 | 2,515,000 | -2,050,000 | 1,462,000 | 1,140,000 | -2,218,000 | 5,009,000 | 7,687,000 | 5,814,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of divestitures: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts receivable | -26,905,000 | 90,901,000 | -21,212,000 | -16,618,000 | 13,366,000 | 57,194,000 | -87,529,000 | 1,743,000 | 19,591,000 | 68,094,000 | -32,425,000 | -24,706,000 | 26,568,000 | 79,561,000 | -68,309,000 | -12,623,000 | 24,218,000 | 85,079,000 | 156,000 | -171,960,000 | -16,379,000 | -3,444,000 | -53,463,000 | -113,227,000 | 35,682,000 | 11,492,000 | -52,455,000 | 8,675,000 | -3,628,000 | 36,262,000 | -42,597,000 | -8,411,000 | 17,512,000 | 69,629,000 | 18,348,000 | 42,036,000 | 47,767,000 | 57,191,000 | 50,951,000 | -56,519,000 | 31,288,000 | -21,344,000 | -10,137,000 | 46,476,000 | 4,297,000 | 40,505,000 | -16,843,000 | 38,605,000 | -22,135,000 | 885,000 | 24,262,000 | -7,665,000 | 23,597,000 | 34,054,000 | 40,880,000 | -6,081,000 | 21,138,000 | -888,000 | 4,972,000 | 19,842,000 | |||||||||||||||
decrease in inventories | -114,403,000 | 91,293,000 | 74,810,000 | -91,183,000 | -211,507,000 | 55,606,000 | 64,687,000 | 23,210,000 | -96,508,000 | 103,894,000 | 56,250,000 | 6,774,000 | -15,544,000 | -11,766,000 | -40,351,000 | -84,890,000 | -210,171,000 | -16,251,000 | 57,041,000 | -47,570,000 | -142,771,000 | -11,876,000 | -88,869,000 | 66,405,000 | 35,540,000 | -14,915,000 | 66,221,000 | -78,463,000 | -80,700,000 | -30,901,000 | -34,052,000 | -6,938,000 | 36,824,000 | -129,001,000 | 46,161,000 | 2,995,000 | |||||||||||||||||||||||||||||||||||||||
decrease in prepaid expenses and other assets | -2,486,000 | 833,000 | -19,889,000 | 6,189,000 | 3,202,000 | -8,101,000 | 20,862,000 | -17,998,000 | 8,746,000 | 1,533,000 | -16,549,000 | 6,509,000 | -24,088,000 | -34,538,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in pension and postretirement benefits | 1,957,000 | 1,728,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable and accrued expenses | 37,628,000 | -97,026,000 | 31,112,000 | -23,116,000 | -20,996,000 | -56,325,000 | 68,174,000 | -17,709,000 | 54,564,000 | -132,229,000 | -9,315,000 | 74,014,000 | -33,850,000 | -171,368,000 | 69,873,000 | -38,053,000 | 39,223,000 | -85,554,000 | 145,286,000 | 73,251,000 | 20,654,000 | -124,092,000 | 121,839,000 | 109,662,000 | 15,764,000 | -135,988,000 | 50,239,000 | 13,999,000 | 38,971,000 | -147,318,000 | -39,944,000 | 32,445,000 | |||||||||||||||||||||||||||||||||||||||||||
increase in net income taxes payable | -4,026,000 | 22,791,000 | -54,541,000 | 19,160,000 | 1,638,000 | -13,877,000 | -34,121,000 | -34,619,000 | -33,930,000 | 63,353,000 | -32,048,000 | 1,722,000 | -48,068,000 | 59,837,000 | -28,443,000 | -27,226,000 | 3,040,000 | 63,498,000 | 14,408,000 | -16,898,000 | -18,758,000 | 58,059,000 | -70,009,000 | -9,547,000 | 23,894,000 | 41,376,000 | -44,903,000 | 7,329,000 | -40,041,000 | 61,686,000 | 646,000 | -1,711,000 | -46,465,000 | 65,881,000 | 46,069,000 | ||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 178,939,000 | 349,214,000 | 322,906,000 | 156,699,000 | 56,440,000 | 309,206,000 | 408,621,000 | 217,990,000 | 236,147,000 | 403,980,000 | 319,091,000 | 317,002,000 | 208,125,000 | 203,629,000 | 371,820,000 | 186,046,000 | 193,355,000 | 383,756,000 | 564,148,000 | 76,527,000 | 155,573,000 | 205,686,000 | 249,938,000 | 329,796,000 | 359,872,000 | 188,418,000 | 350,084,000 | 207,319,000 | 178,168,000 | 187,425,000 | 498,524,000 | 299,864,000 | 139,164,000 | 304,177,000 | 301,747,000 | 246,502,000 | 352,513,000 | 119,331,000 | -39,257,000 | 314,292,000 | 208,956,000 | 171,291,000 | 115,745,000 | 141,813,000 | 71,022,000 | 60,871,000 | 152,160,000 | 171,054,000 | 43,506,000 | 110,587,000 | 165,332,000 | 213,910,000 | 92,284,000 | 65,403,000 | 113,935,000 | 223,645,000 | 68,172,000 | 87,562,000 | 171,390,000 | 68,256,000 | -35,338,000 | 150,513,000 | 180,332,000 | 67,811,000 | 34,314,000 | 54,472,000 | |||||||||
capital expenditures | -84,131,000 | -42,786,000 | -92,770,000 | -61,430,000 | -74,790,000 | -52,077,000 | -80,424,000 | -60,993,000 | -59,965,000 | -47,210,000 | -101,682,000 | -77,948,000 | 0 | -37,052,000 | -89,734,000 | -60,971,000 | -78,466,000 | -49,747,000 | -93,055,000 | -53,817,000 | -45,181,000 | -40,363,000 | 0 | -88,267,000 | -80,352,000 | -58,211,000 | -139,607,000 | -66,610,000 | -48,191,000 | -39,430,000 | -145,632,000 | -102,815,000 | -87,466,000 | -53,694,000 | 0 | -27,674,000 | 0 | -34,764,000 | -40,025,000 | -37,038,000 | 0 | 0 | 0 | 0 | -35,698,000 | 0 | 0 | 0 | 0 | 0 | -16,737,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
free cash flows | 94,808,000 | 306,428,000 | 230,136,000 | 95,269,000 | -18,350,000 | 257,129,000 | 328,197,000 | 156,997,000 | 176,182,000 | 356,770,000 | 217,409,000 | 239,054,000 | 208,125,000 | 166,577,000 | 282,086,000 | 125,075,000 | 114,889,000 | 334,009,000 | 471,093,000 | 22,710,000 | 110,392,000 | 165,323,000 | 249,938,000 | 241,529,000 | 279,520,000 | 130,207,000 | 210,477,000 | 140,709,000 | 129,977,000 | 147,995,000 | 352,892,000 | 197,049,000 | 51,698,000 | 250,483,000 | 301,747,000 | 218,828,000 | 352,513,000 | 84,567,000 | -79,282,000 | 277,254,000 | 208,956,000 | 171,291,000 | 115,745,000 | 141,813,000 | 35,324,000 | 60,871,000 | 152,160,000 | 171,054,000 | 43,506,000 | 110,587,000 | 148,595,000 | 213,910,000 | 92,284,000 | 65,403,000 | 113,935,000 | 223,645,000 | 68,172,000 | 87,562,000 | 171,390,000 | 68,256,000 | -35,338,000 | 150,513,000 | 180,332,000 | 67,811,000 | 34,314,000 | 54,472,000 | |||||||||
investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sale of securities | 197,000 | -323,000 | -766,000 | -1,435,000 | -3,348,000 | -1,387,000 | 18,000 | -607,000 | -4,535,000 | -964,000 | 7,000 | -2,000 | 786,000 | -833,000 | 1,197,000 | 5,663,000 | -2,756,000 | -1,611,000 | -3,060,000 | -582,000 | -516,000 | -206,000 | 53,000 | -651,000 | -1,975,000 | -16,000 | -612,000 | -7,220,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of business | 21,182,000 | 78,853,000 | 0 | 0 | -504,000 | 13,643,000 | 5,921,000 | 0 | 135,944,000 | 135,944,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant, and equipment | -82,174,000 | -68,993,000 | -91,458,000 | -72,194,000 | -75,083,000 | -72,167,000 | -83,785,000 | -65,481,000 | -59,965,000 | -47,210,000 | -101,682,000 | -77,948,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of property, plant, and equipment | 362,000 | 5,000 | 41,000 | 9,000 | 47,000 | 35,000 | 42,000 | 35,000 | 389,000 | 8,000 | 16,000 | 271,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (purchases of) affiliates and other investments | -3,723,000 | -1,593,000 | -1,419,000 | -584,000 | -1,306,000 | -1,393,000 | -1,289,000 | -6,231,000 | -514,000 | 212,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from company-owned life insurance | 0 | 7,881,000 | 1,859,000 | 936,000 | 0 | 8,101,000 | 0 | 11,000 | 1,116,000 | 47,000 | 1,917,000 | 16,000 | 8,019,000 | 6,672,000 | 1,300,000 | 3,059,000 | 0 | 956,000 | 2,592,000 | 0 | 62,000 | 1,118,000 | 1,303,000 | 2,285,000 | 14,026,000 | 144,000 | 4,410,000 | 2,266,000 | 0 | 3,028,000 | |||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -58,690,000 | 7,948,000 | -93,601,000 | -66,323,000 | -78,335,000 | -60,333,000 | -60,008,000 | -64,183,000 | -64,562,000 | -48,154,000 | -101,055,000 | -77,421,000 | -59,599,000 | -451,469,000 | -86,210,000 | -46,016,000 | -76,131,000 | -49,680,000 | -95,519,000 | -3,443,064,000 | -47,955,000 | -39,301,000 | -150,276,000 | -82,905,000 | -362,631,000 | -60,504,000 | -134,788,000 | -69,886,000 | 426,506,000 | -1,679,000 | -139,398,000 | -109,510,000 | -81,161,000 | -905,299,000 | 18,811,000 | 62,795,000 | 105,571,000 | -327,879,000 | -84,965,000 | -20,981,000 | -2,811,000 | -31,785,000 | -42,312,000 | -70,133,000 | 66,343,000 | -21,076,000 | -18,521,000 | ||||||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt and finance leases | -1,827,000 | -1,825,000 | -1,580,000 | -2,005,000 | -2,043,000 | -2,202,000 | -2,220,000 | -952,277,000 | -2,271,000 | -2,249,000 | -2,243,000 | -2,208,000 | -2,187,000 | -2,189,000 | -2,175,000 | -1,474,000 | -2,861,000 | -2,163,000 | -2,082,000 | -2,175,000 | -252,195,000 | -2,165,000 | -2,147,000 | -2,152,000 | -2,050,000 | -2,019,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on common stock | -160,936,000 | -159,501,000 | -159,500,000 | -159,467,000 | -159,245,000 | -154,980,000 | -154,982,000 | -154,943,000 | -154,741,000 | -150,294,000 | -150,372,000 | -149,944,000 | -150,599,000 | -142,017,000 | -141,916,000 | -141,860,000 | -141,154,000 | -132,909,000 | -132,908,000 | -132,419,000 | -132,271,000 | -125,516,000 | -125,373,000 | -125,253,000 | -124,501,000 | -112,249,000 | -112,082,000 | -112,684,000 | -112,162,000 | -100,125,000 | -99,592,000 | -99,376,000 | -99,325,000 | -89,814,000 | -219,744,000 | -142,878,000 | -66,137,000 | -52,801,000 | -52,766,000 | -52,761,000 | -44,833,000 | -39,497,000 | -27,904,000 | ||||||||||||||||||||||||||||||||
proceeds from stock-based compensation plans, net of withholding taxes | -220,000 | -1,106,000 | -2,001,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -162,983,000 | -162,433,000 | -158,112,000 | -163,255,000 | -149,566,000 | -143,063,000 | -150,273,000 | -1,100,895,000 | 354,437,000 | -133,365,000 | -149,087,000 | -144,238,000 | -165,169,000 | -141,570,000 | -142,221,000 | -140,462,000 | -79,982,000 | -124,019,000 | -143,385,000 | 2,172,364,000 | -373,705,000 | -134,754,000 | -117,820,000 | 872,723,000 | -110,816,000 | -77,915,000 | -100,294,000 | -215,478,000 | -481,573,000 | -128,899,000 | -165,639,000 | -178,584,000 | -182,307,000 | 538,168,000 | -289,410,000 | -227,474,000 | -49,362,000 | -54,982,000 | -59,851,000 | -37,285,000 | -41,252,000 | 218,246,000 | -15,843,000 | ||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | 1,578,000 | 2,498,000 | 295,000 | 2,381,000 | 752,000 | -7,294,000 | 6,067,000 | -1,806,000 | -2,865,000 | 4,218,000 | -1,541,000 | -6,715,000 | -2,651,000 | 7,093,000 | -11,625,000 | -10,944,000 | 44,000 | 846,000 | -3,077,000 | 1,003,000 | -920,000 | 5,600,000 | 3,098,000 | 3,680,000 | -4,771,000 | 1,519,000 | -2,300,000 | -1,083,000 | 3,537,000 | -3,294,000 | -3,333,000 | -4,359,000 | 100,000 | 4,607,000 | -5,152,000 | -2,118,000 | -2,260,000 | -1,406,000 | -917,000 | 906,000 | -1,044,000 | 382,000 | -117,000 | 63,000 | 88,000 | 180,000 | -256,000 | 262,000 | 804,000 | ||||||||||||||||||||||||||
increase in cash and cash equivalents | -41,156,000 | 197,228,000 | 71,489,000 | -70,499,000 | -170,709,000 | 98,516,000 | 204,406,000 | -948,893,000 | 523,156,000 | 226,680,000 | 67,408,000 | 88,628,000 | -19,293,000 | -382,318,000 | 131,763,000 | -11,375,000 | 37,285,000 | 210,904,000 | 322,168,000 | -1,193,170,000 | -267,008,000 | 37,232,000 | -15,059,000 | 1,123,294,000 | -118,346,000 | 51,518,000 | 112,702,000 | -79,128,000 | 126,638,000 | 53,553,000 | 190,154,000 | 7,411,000 | -124,204,000 | -58,347,000 | 218,198,000 | 133,758,000 | 194,678,000 | 32,358,000 | 32,642,000 | 27,976,000 | -1,930,000 | 192,923,000 | 31,647,000 | -140,514,000 | 205,830,000 | 205,289,000 | 149,171,000 | 8,438,000 | -23,839,000 | 85,488,000 | -416,340,000 | 314,891,000 | 130,968,000 | 63,840,000 | 90,152,000 | -17,231,000 | 47,594,000 | 109,959,000 | |||||||||||||||||
cash and cash equivalents at beginning of year | 0 | 670,679,000 | 0 | 0 | 0 | 741,881,000 | 0 | 0 | 0 | 736,532,000 | 0 | 0 | 0 | 982,107,000 | 0 | 0 | 0 | 613,530,000 | 0 | 0 | 0 | 1,714,309,000 | 0 | 0 | 0 | 672,901,000 | 0 | 0 | 0 | 459,136,000 | 0 | 0 | 0 | 444,122,000 | 415,143,000 | 415,143,000 | 415,143,000 | 347,239,000 | 347,239,000 | 347,239,000 | 0 | 334,174,000 | 0 | 0 | 0 | 434,014,000 | 0 | 0 | 0 | 682,388,000 | 0 | 0 | 0 | 463,130,000 | 0 | 0 | 0 | 467,845,000 | 0 | 0 | 0 | 385,252,000 | 0 | 0 | 0 | 154,778,000 | 0 | 0 | 149,749,000 | 0 | 0 | 0 | 172,485,000 | ||
cash and cash equivalents at end of period | -41,156,000 | 867,906,000 | -70,499,000 | -170,710,000 | 840,398,000 | -948,892,000 | 523,156,000 | 963,212,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant, and equipment included in accounts payable | -1,957,000 | 26,207,000 | -1,312,000 | 10,764,000 | 293,000 | 20,090,000 | 3,361,000 | 4,488,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 52,406,000 | 53,136,000 | 47,232,000 | 42,009,000 | 41,395,000 | 43,022,000 | 40,162,000 | 41,338,000 | 41,194,000 | 39,904,000 | 38,820,000 | 37,610,000 | 36,848,000 | 37,619,000 | 37,505,000 | 38,214,000 | 35,867,000 | 89,930,000 | 59,185,000 | 29,247,000 | 89,996,000 | 59,863,000 | 29,679,000 | 32,450,000 | 30,720,000 | 30,503,000 | 31,140,000 | 29,620,000 | 29,429,000 | 29,547,000 | 29,419,000 | 28,750,000 | 27,655,000 | 28,572,000 | 26,693,000 | 26,865,000 | 28,389,000 | 28,954,000 | 28,373,000 | 28,665,000 | 28,697,000 | 30,727,000 | 28,071,000 | 27,870,000 | 28,391,000 | 30,435,000 | 29,017,000 | 28,874,000 | 28,448,000 | 28,403,000 | 28,011,000 | 29,812,000 | 29,536,000 | 28,303,000 | 28,608,000 | 28,171,000 | |||||||||||||||||||
amortization | 11,874,000 | 12,780,000 | 11,952,000 | 10,254,000 | 9,648,000 | 12,985,000 | 9,695,000 | 9,250,000 | 8,135,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangible impairment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 375,000,000 | 0 | -93,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of debt issuance costs | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share repurchase | 0 | 0 | -10,305,000 | 0 | -816,000 | -8,837,000 | 0 | 0 | 0 | -106,624,000 | -22,813,000 | -44,809,000 | -2,157,000 | 0 | -19,542,000 | -25,199,000 | -44,976,000 | -6,358,000 | -12,942,000 | -8,604,000 | -13,731,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from noncontrolling interest | 0 | 0 | 6,228,000 | 280,000 | 0 | 1,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental non-cash financing and investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in pension and post-retirement benefits | 9,721,000 | 10,468,000 | 10,167,000 | -7,692,000 | 10,538,000 | 10,748,000 | 10,756,000 | -11,299,000 | 9,365,000 | 9,496,000 | 10,710,000 | -22,486,000 | -2,398,000 | -1,975,000 | -2,533,000 | -19,077,000 | 1,254,000 | 1,241,000 | 1,134,000 | -15,512,000 | 2,413,000 | 1,943,000 | 647,000 | -18,889,000 | 2,093,000 | 2,143,000 | 4,237,000 | -13,379,000 | -1,362,000 | -607,000 | 2,132,000 | 6,468,000 | 2,346,000 | 1,047,000 | 327,000 | -26,410,000 | -697,000 | 1,234,000 | 10,492,000 | -13,978,000 | 8,258,000 | 6,511,000 | 4,109,000 | 4,460,000 | 6,347,000 | 6,232,000 | -12,734,000 | 8,280,000 | 6,636,000 | ||||||||||||||||||||||||||
proceeds from exercise of stock options | 11,721,000 | 14,120,000 | 6,929,000 | 6,325,000 | 8,561,000 | 18,898,000 | 3,529,000 | 5,934,000 | -80,000 | 2,635,000 | 1,869,000 | 2,872,000 | 64,033,000 | 11,053,000 | 1,912,000 | 30,667,000 | 11,575,000 | 1,765,000 | 9,700,000 | 7,746,000 | 28,019,000 | 36,353,000 | 11,788,000 | 3,830,000 | 28,280,000 | 15,997,000 | 31,071,000 | 10,754,000 | 6,523,000 | 23,455,000 | 14,337,000 | 8,879,000 | 7,398,000 | 9,233,000 | 8,370,000 | 3,514,000 | 2,631,000 | 2,057,000 | 2,027,000 | 2,950,000 | 2,109,000 | 3,437,000 | 944,000 | 653,000 | 5,393,000 | 23,222,000 | 790,000 | 3,882,000 | 6,143,000 | 3,885,000 | 3,240,000 | 6,776,000 | 19,749,000 | 24,015,000 | 6,104,000 | 2,579,000 | 7,792,000 | 6,409,000 | 452,000 | 476,000 | |||||||||||||||
adjustments to reconcile to net cash from (used in) operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of acquisitions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses and intangibles | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sales of property, plant, and equipment | 984,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of quarter | -19,293,000 | 599,789,000 | -11,375,000 | 37,285,000 | 824,434,000 | -1,193,170,000 | -267,008,000 | 1,751,541,000 | 1,123,295,000 | -118,346,000 | 724,419,000 | -79,128,000 | 126,638,000 | 512,689,000 | 7,411,000 | -124,204,000 | 385,775,000 | 633,341,000 | 548,901,000 | 609,821,000 | 379,597,000 | 379,881,000 | 375,215,000 | 527,097,000 | 31,647,000 | -140,514,000 | 639,844,000 | 66,748,000 | -624,929,000 | 887,677,000 | 8,438,000 | -23,839,000 | 548,618,000 | -416,340,000 | 314,891,000 | 598,813,000 | 21,736,000 | -93,911,000 | 449,092,000 | -17,231,000 | 47,594,000 | 264,737,000 | 2,831,000 | -37,078,000 | 144,234,000 | 10,506,000 | -21,005,000 | 115,003,000 | |||||||||||||||||||||||||||
loss on property/equipment sales and plant facilities | -2,496,000 | 1,597,000 | 2,906,000 | 599,000 | 1,593,000 | 2,135,000 | 88,000 | 120,000 | 1,388,000 | 1,162,000 | 376,000 | 278,000 | -23,000 | 235,000 | -1,504,000 | 8,000 | 450,000 | -1,537,000 | 54,000 | 1,285,000 | 88,000 | 237,000 | -14,000 | 71,000 | 182,000 | -31,000 | 191,000 | 456,000 | |||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -37,052,000 | -89,734,000 | -60,971,000 | -78,466,000 | -49,747,000 | -93,055,000 | -53,817,000 | -45,181,000 | -40,363,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of property and equipment | 5,016,000 | 180,000 | 610,000 | 46,000 | 388,000 | 306,000 | 257,000 | 192,000 | 1,461,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in investments, equity in affiliates, and other assets | -418,616,000 | -5,871,000 | 2,010,000 | 4,975,000 | 1,290,000 | 4,267,000 | -2,450,000 | -1,149,000 | 7,580,000 | -11,495,000 | -4,509,000 | -2,937,000 | -3,432,000 | -7,412,000 | 7,302,000 | 188,000 | 2,718,000 | 2,669,000 | 3,596,000 | 6,865,000 | 12,178,000 | 11,088,000 | 14,932,000 | 4,028,000 | 7,919,000 | 12,915,000 | 3,748,000 | 998,000 | 3,545,000 | ||||||||||||||||||||||||||||||||||||||||||||||
decrease in prepaid expenses and other current assets | -11,794,000 | -4,609,000 | -9,200,000 | 10,143,000 | -12,998,000 | 1,705,000 | 28,214,000 | 17,634,000 | 31,139,000 | 27,221,000 | -47,049,000 | -5,451,000 | -9,516,000 | 6,609,000 | -1,573,000 | -5,625,000 | 569,000 | 45,077,000 | 8,913,000 | 7,917,000 | 17,325,000 | 18,354,000 | 6,558,000 | -4,250,000 | 13,581,000 | -4,297,000 | -15,395,000 | 5,584,000 | -2,299,000 | 2,318,000 | -4,674,000 | 26,650,000 | -17,849,000 | 3,067,000 | -8,793,000 | -26,618,000 | 34,557,000 | ||||||||||||||||||||||||||||||||||||||
acquisitions of businesses/intangibles | -1,911,000 | 0 | 5,000 | 429,000 | -858,102,000 | -281,655,000 | -374,000 | -101,000 | -41,401,000 | 0 | -7,207,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of business | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in investments, equity in affiliates, and otherassets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill/intangible impairment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution from equity method investees | 7,499,000 | 10,000,000 | 10,000,000 | 10,000,000 | 9,999,000 | 10,001,000 | 23,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property/equipment | -88,267,000 | -80,352,000 | -58,211,000 | -139,607,000 | -66,610,000 | -48,191,000 | -39,430,000 | -145,632,000 | -102,815,000 | -87,466,000 | -53,694,000 | -165,828,000 | -99,852,000 | -33,480,000 | -27,674,000 | -34,764,000 | -40,025,000 | -37,038,000 | -35,698,000 | -16,737,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of property/equipment | 345,000 | 7,000 | 1,114,000 | 1,144,000 | 5,091,000 | 862,000 | 30,305,000 | 2,507,000 | 803,000 | 5,688,000 | 751,000 | 2,532,000 | 1,157,000 | 3,926,000 | 2,590,000 | 2,709,000 | 1,411,000 | 3,477,000 | 9,931,000 | 1,717,000 | 2,337,000 | 1,953,000 | 4,278,000 | 3,645,000 | 2,208,000 | 1,392,000 | 2,919,000 | 1,707,000 | 748,000 | 1,055,000 | 890,000 | 1,325,000 | 891,000 | 1,280,000 | 1,715,000 | 831,000 | 1,410,000 | 959,000 | 1,695,000 | 1,291,000 | 411,000 | 1,606,000 | 662,000 | 906,000 | 698,000 | 5,823,000 | 3,042,000 | 624,000 | 2,200,000 | ||||||||||||||||||||||||||
gain on insurance proceeds | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from insurance recoveries | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on long-term debt | 39,000 | 38,000 | 37,000 | -274,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangibles | 2,652,000 | 3,115,000 | 3,170,000 | 3,131,000 | 3,287,000 | 2,979,000 | 3,256,000 | 6,191,000 | 4,143,000 | 2,072,000 | 6,524,000 | 4,045,000 | 2,125,000 | 1,957,000 | 2,039,000 | 2,407,000 | 2,310,000 | 2,304,000 | 2,331,000 | 2,317,000 | 2,406,000 | 2,567,000 | 2,189,000 | 2,295,000 | 2,227,000 | 2,027,000 | 2,426,000 | 2,284,000 | 2,273,000 | 2,419,000 | 2,500,000 | 2,746,000 | 2,576,000 | 2,751,000 | 2,459,000 | 2,629,000 | 2,563,000 | 2,587,000 | 2,585,000 | 2,740,000 | 2,900,000 | 3,248,000 | 3,475,000 | 2,782,000 | 2,925,000 | 2,938,000 | |||||||||||||||||||||||||||||
net proceeds from short-term debt | -90,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt | 0 | -374,878,000 | 38,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on short-term debt | -375,000,000 | -185,000,000 | -185,000,000 | -185,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in inventories | 10,167,000 | -37,839,000 | -21,255,000 | -14,375,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in prepaid expenses and other current assets | -8,937,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable and accrued expenses | 38,665,000 | -64,770,000 | -58,077,000 | -105,466,000 | -109,227,000 | -27,787,000 | 24,859,000 | -25,471,000 | -77,795,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in investments, equity in affiliates, and other assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on property/equipment sales and plant facilities | -1,131,000 | 1,283,000 | 138,000 | 126,000 | -5,117,000 | -617,000 | -275,000 | -369,000 | 34,000 | 529,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from short-term debt | 630,000,000 | 145,000,000 | 0 | 0 | 50,000,000 | 130,000,000 | 10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of affiliates, net of dividends | -2,905,000 | -6,524,000 | -6,454,000 | -7,957,000 | -1,639,000 | -2,033,000 | 5,577,000 | -3,583,000 | 5,285,000 | -2,129,000 | 12,645,000 | 2,835,000 | 156,000 | -375,000 | -7,816,000 | 159,000 | -2,874,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock-based compensation | 24,859,000 | 20,704,000 | 17,630,000 | -39,190,000 | -36,456,000 | -20,149,000 | 37,089,000 | -2,963,000 | 42,514,000 | -7,776,000 | -5,927,000 | -4,111,000 | -42,336,000 | 792,000 | 4,877,000 | 13,261,000 | 15,674,000 | -2,193,000 | -6,563,000 | 1,929,000 | 1,615,000 | 3,335,000 | 14,650,000 | -4,395,000 | 3,055,000 | 913,000 | 2,819,000 | 3,511,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other | -1,434,000 | -37,000 | 0 | 116,000 | -12,000 | 382,000 | 0 | 1,000,000 | 6,555,000 | 40,000 | -8,079,000 | 2,019,000 | 3,271,000 | 3,545,000 | 2,184,000 | -864,000 | 1,107,000 | 1,696,000 | 1,769,000 | 1,580,000 | 3,984,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in investments, equity in affiliates, and other assets | 4,143,000 | -7,398,000 | -2,032,000 | 14,332,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution to noncontrolling interest | -1,581,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments to noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment charge | 991,000 | 991,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in pension and post-retirement benefits | -26,266,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by operating activities | 511,473,000 | 261,156,000 | 177,619,000 | 621,686,000 | 409,135,000 | 278,691,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in investments, equity in affiliates, and other assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) increase in net income taxes payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in accounts receivable | 36,507,000 | -16,884,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in inventories | -60,579,000 | -1,439,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in pension and post-retirement benefits | 3,238,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) increase in accounts payable and accrued expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of business | 135,944,000 | 110,149,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment to noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) provided by financing activities | -256,297,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sale of trading securities | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in inventories | 6,491,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of trading securities | 0 | 77,558,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile to net cash provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on property/equipment sates and plant facilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) increase in pension and post-retirement benefits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchase of trading securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sates of property/equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on property/equipment sales and plant facilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dissolution of joint venture | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of available-for-sale securities | 0 | 0 | 2,371,000 | 3,899,000 | 0 | 48,599,000 | 243,007,000 | 92,050,000 | 192,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of available-for-sale securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions from affiliates | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in prepaid expenses and other current assets | 19,633,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends from affiliates | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from deferred income taxes | 4,841,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in inventories, prepaid expenses, and other current assets | 7,836,000 | 9,119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in pension assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable, accrued expenses, and pension and post-retirement benefits | 8,658,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in pension assets | 1,814,000 | 1,214,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable, accrued expenses, and pension and post-retirement benefits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in inventories, prepaid expenses, and other current assets | 44,012,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in inventories, prepaid expenses, and other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of available–for–sale securities | 107,409,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of available–for–sale securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on short–term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on long–term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in inventories, prepaid expenses, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable, accrued expenses, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and pension and post-retirement benefits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in investments, equity in affiliates, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and other assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in net pension assets | 1,783,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in accounts payable and accrued expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in net pension assets | 1,464,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sales of business and investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of business and investment |