Earnings Per Share (Tables)

3 Months Ended

Jan. 02, 2021

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, 2021		December 28, 2019
Numerator:
Net income	$	472	$	509
Less: Net income attributable to noncontrolling interests	5		4
Net income attributable to Tyson	467		505
Less dividends declared:
Class A	138		137
Class B	30		29
Undistributed earnings	$	299	$	339
Class A undistributed earnings	$	246	$	279
Class B undistributed earnings	53		60
Total undistributed earnings	$	299	$	339
Denominator:
Denominator for basic earnings per share:
Class A weighted average shares	293		293
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	2		4
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions	365		367
Net income per share attributable to Tyson:
Class A basic	$	1.31	$	1.42
Class B basic	$	1.18	$	1.27
Diluted	$	1.28	$	1.38
Dividends Declared Per Share:
Class A	$	0.470	$	0.465
Class B	$	0.423	$	0.419