XML 85 R36.htm IDEA: XBRL DOCUMENT v3.3.0.814
Goodwill And Other Intangible Assets (Tables)
12 Months Ended
Oct. 03, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule Of Goodwill Activity
The following table reflects goodwill activity for fiscal 2015 and 2014:
in millions
 
 
Chicken

 
Beef

 
Pork

 
Prepared
Foods

 
Other(a)

 
Unallocated

 
Consolidated

Balance at September 28, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
$
908

 
$
1,123

 
$
317

 
$
75

 
$
68

 
$

 
$
2,491

Accumulated impairment losses

 
(560
)
 

 

 
(29
)
 

 
(589
)
 
908

 
563

 
317

 
75

 
39

 

 
1,902

Fiscal 2014 Activity:
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquisition

 

 

 
18

 
5

 
4,804

 
4,827

Reclass to assets held for sale

 

 

 

 
(16
)
 

 
(16
)
Impairment losses

 

 

 

 
(5
)
 

 
(5
)
Currency translation and other
(1
)
 

 

 
(1
)
 

 

 
(2
)
Balance at September 27, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
907

 
1,123

 
317

 
92

 
57

 
4,804

 
7,300

Accumulated impairment losses

 
(560
)
 

 

 
(34
)
 

 
(594
)
 
$
907

 
$
563

 
$
317

 
$
92

 
$
23

 
$
4,804

 
$
6,706

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fiscal 2015 Activity:
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquisition
$

 
$

 
$

 
$

 
$

 
$

 
$

Measurement period adjustments

 

 

 

 

 
(14
)
 
(14
)
Allocation of acquired goodwill
658

 
113

 
106

 
3,913

 

 
(4,790
)
 

Impairment losses

 

 

 

 
(23
)
 

 
(23
)
Currency translation and other
(2
)
 

 

 

 

 

 
(2
)
Balance at October 3, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
1,563

 
1,236

 
423

 
4,005

 
57

 

 
7,284

Accumulated impairment losses

 
(560
)
 

 

 
(57
)
 

 
(617
)
 
$
1,563

 
$
676

 
$
423

 
$
4,005

 
$

 
$

 
$
6,667


(a) Other included the goodwill from our international chicken operation.
Schedule Of Other Intangible Assets By Type
The following table reflects intangible assets by type at October 3, 2015, and September 27, 2014:
in millions
 
 
2015

 
2014

Amortizable intangible assets:
 
 
 
Brands and trademarks
$
594

 
$
611

Customer relationships
564

 
570

Patents, intellectual property and other
115

 
136

Non-compete agreements

 
6

Land use rights
9

 
8

  Total gross amortizable intangible assets
$
1,282

 
$
1,331

     Less accumulated amortization
192

 
133

  Total net amortizable intangible assets
$
1,090

 
$
1,198

Brands and trademarks not subject to amortization
4,078

 
4,078

  Total intangible assets
$
5,168

 
$
5,276