Component: (Network and Table)
Network
00500 - Statement - Consolidated Statements of Cash Flows
(http://www.hormelfoods.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000048465 (http://www.sec.gov/CIK)
Consolidated Statements of Cash FlowsPeriod [Axis]
2015-10-26 - 2016-10-30
2014-10-27 - 2015-10-25
2013-10-28 - 2014-10-26
Consolidated Statements of Cash Flows
 
 
 
OPERATING ACTIVITIES
 
 
 
Net earnings
890,517,000  
687,264,000  
606,026,000  
Adjustments to reconcile to net cash provided by operating activities:
 
 
 
Depreciation
123,581,000  
125,292,000  
120,692,000  
Amortization of intangibles
8,387,000  
8,142,000  
9,352,000  
Goodwill impairment charge
991,000  
21,537,000  
0  
Equity in earnings of affiliates, net of dividends
7,505,000  
13,438,000  
5,246,000  
Provision for deferred income taxes
44,327,000  
19,979,000  
9,800,000  
Loss (gain) on property/equipment sales and plant facilities
80,000  
(5,240,000) 
(1,667,000) 
Non-cash investment activities
(1,287,000) 
(847,000) 
(1,387,000) 
Stock-based compensation expense
17,829,000  
15,717,000  
14,393,000  
Excess tax benefit from stock-based compensation
(47,657,000) 
(22,950,000) 
(24,700,000) 
Changes in operating assets and liabilities, net of acquisitions:
 
 
 
Decrease (increase) in accounts receivable
21,389,000  
22,451,000  
(20,486,000) 
(Increase) decrease in inventories
(12,281,000) 
82,437,000  
(21,645,000) 
Decrease (increase) in prepaid expenses and other current assets
48,656,000  
62,635,000  
11,592,000  
(Decrease) increase in pension and post-retirement benefits
(34,510,000) 
(28,999,000) 
(32,644,000) 
(Decrease) increase in accounts payable and accrued expenses
(74,679,000) 
(7,429,000) 
72,307,000  
Other
 
(1,435,000) 
 
NET CASH PROVIDED BY OPERATING ACTIVITIES
992,848,000  
 
991,992,000  
 
746,879,000  
 
INVESTING ACTIVITIES
 
 
 
Sale of business
110,149,000  
  
Acquisitions of businesses/intangibles
(280,889,000) 
(770,587,000) 
(466,204,000) 
Purchases of property/equipment
(255,524,000) 
(144,063,000) 
(159,138,000) 
Proceeds from sales of property/equipment
6,227,000  
18,501,000  
10,285,000  
Decrease (increase) in investments, equity in affiliates, and other assets
11,078,000  
(4,798,000) 
(1,718,000) 
NET CASH USED IN INVESTING ACTIVITIES
(408,959,000) 
 
(900,947,000) 
 
(616,775,000) 
 
FINANCING ACTIVITIES
 
 
 
Proceeds from short-term debt
245,000,000  
350,000,000  
115,000,000  
Principal payments on short-term debt
(430,000,000) 
(165,000,000) 
(115,000,000) 
Dividends paid on common stock
(296,493,000) 
(250,834,000) 
(203,156,000) 
Share repurchase
(87,885,000) 
(24,928,000) 
(58,937,000) 
Proceeds from exercise of stock options
12,075,000  
10,468,000  
10,523,000  
Excess tax benefit from stock-based compensation
47,657,000  
22,950,000  
24,700,000  
Distribution to noncontrolling interest
 
(1,581,000) 
(2,500,000) 
Payment to noncontrolling interest
 
(11,702,000) 
 
NET CASH USED IN FINANCING ACTIVITIES
(509,646,000) 
 
(70,627,000) 
 
(229,370,000) 
 
EFFECT OF EXCHANGE RATE CHANGES ON CASH
(6,339,000) 
(7,353,000) 
(574,000) 
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
67,904,000  
 
13,065,000  
 
(99,840,000) 
 
Cash and cash equivalents at beginning of year
347,239,000  
334,174,000  
434,014,000  
CASH AND CASH EQUIVALENTS AT END OF YEAR
415,143,000  
 
347,239,000  
 
334,174,000