XML 79 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Tables)
12 Months Ended
Sep. 27, 2014
Earnings Per Share [Abstract]  
Schedule Of Earnings Per Share, Basic And Diluted
The earnings and weighted average common shares used in the computation of basic and diluted earnings per share are as follows:
 
in millions, except per share data
 
 
2014

 
2013

 
2012

Numerator:
 
 
 
 
 
Income from continuing operations
$
856

 
$
848

 
$
614

Less: Net loss attributable to noncontrolling interests
(8
)
 

 
(7
)
Net income from continuing operations attributable to Tyson
864

 
848

 
621

Less dividends declared:
 
 
 
 
 
Class A
94

 
87

 
47

Class B
21

 
19

 
10

Undistributed earnings
$
749

 
$
742

 
$
564

 
 
 
 
 
 
Class A undistributed earnings
$
612

 
$
606

 
$
464

Class B undistributed earnings
137

 
136

 
100

Total undistributed earnings
$
749

 
$
742

 
$
564

 
 
 
 
 
 
Denominator:
 
 
 
 
 
Denominator for basic earnings per share:
 
 
 
 
 
Class A weighted average shares
284

 
282

 
293

Class B weighted average shares, and shares under if-converted method for diluted earnings per share
70

 
70

 
70

Effect of dilutive securities:
 
 
 
 
 
Stock options and restricted stock
5

 
5

 
4

Tangible Equity Units
1

 

 

Convertible 2013 Notes

 
7

 
3

Warrants
4

 
3

 

Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions
364

 
367

 
370

 
 
 
 
 
 
Net Income Per Share from Continuing Operations Attributable to Tyson:
 
 
 
 
Class A Basic
$
2.48

 
$
2.46

 
$
1.75

Class B Basic
$
2.26

 
$
2.22

 
$
1.57

Diluted
$
2.37

 
$
2.31

 
$
1.68

 
 
 
 
 
 
Net Income Per Share Attributable to Tyson:
 
 
 
 
 
Class A Basic
$
2.48

 
$
2.26

 
$
1.64

Class B Basic
$
2.26

 
$
2.04

 
$
1.48

Diluted
$
2.37

 
$
2.12

 
$
1.58