Earnings Per Share (Tables)

3 Months Ended

Jan. 02, 2016

Earnings Per Share [Abstract]

Schedule Of Earnings Per Share, Basic And Diluted

The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share data):

	Three Months Ended
	January 2, 2016		December 27, 2014
Numerator:
Net income	$	461	$	310
Less: Net income attributable to noncontrolling interests	—		1
Net income attributable to Tyson	461		309
Less dividends declared:
Class A	58		38
Class B	13		8
Undistributed earnings	$	390	$	263
Class A undistributed earnings	$	327	$	221
Class B undistributed earnings	63		42
Total undistributed earnings	$	390	$	263
Denominator:
Denominator for basic earnings per share:
Class A weighted average shares	325		336
Class B weighted average shares, and shares under the if-converted method for diluted earnings per share	70		70
Effect of dilutive securities:
Stock options, restricted stock and performance units	5		5
Tangible equity units	—		5
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions	400		416
Net income per share attributable to Tyson:
Class A basic	$	1.18	$	0.77
Class B basic	$	1.09	$	0.71
Diluted	$	1.15	$	0.74