XML 40 R28.htm IDEA: XBRL DOCUMENT v3.21.2
Accounting Policies Changes in Accounting Principles (Tables)
9 Months Ended
Jul. 03, 2021
Accounting Policies [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments
The following tables represent revisions to our consolidated condensed financial information for the periods ended June 27, 2020:
Third Quarterin millions, except per share data
Three months ended June 27, 2020Nine months ended June 27, 2020
As originally reportedAdjustmentsAs revisedAs originally reportedAdjustmentsAs revised
Consolidated Statements of Income:
Selling, General and Administrative$538 $$540 $1,672 $56 $1,728 
Operating Income775 (2)$773 2,102 (56)2,046 
Income before Income Taxes667 (2)$665 1,883 (56)1,827 
Income Tax Expense (Benefit)140 (1)$139 428 (15)413 
Net Income527 (1)$526 1,455 (41)1,414 
Net Income Attributable to Tyson527 (1)$526 1,448 (41)1,407 
Net Income Per Share Attributable to Tyson
Class A Basic$1.48 $— $1.48 $4.07 $(0.11)$3.96 
Class B Basic$1.33 $— $1.33 $3.65 $(0.10)$3.55 
Diluted$1.44 $— $1.44 $3.96 $(0.11)$3.85 
Consolidated Statements of Comprehensive Income:
Net Income$527 $(1)$526 $1,455 $(41)$1,414 
Comprehensive Income540 (1)539 1,355 (41)1,314 
Comprehensive Income Attributable to Tyson540 (1)539 1,348 (41)1,307 
As of June 27, 2020
As originally reportedAdjustmentsAs revised
Consolidated Balance Sheet:
Inventories$3,915 $(235)$3,680 
Total Current Assets7,699 (235)7,464 
Total Assets34,558 (235)34,323 
Deferred Income Taxes2,370 (62)2,308 
Retained Earnings(a)
14,769 (173)14,596 
Total Tyson Shareholders' Equity14,858 (173)14,685 
Total Shareholders' Equity15,004 (173)14,831 
Total Liabilities and Shareholders' Equity34,558 (235)34,323 
Nine months ended June 27, 2020
As originally reportedAdjustmentsAs revised
Consolidated Statement of Cash Flows:
Net Income$1,455 $(41)$1,414 
Deferred income taxes27 (15)12 
Net changes in operating assets and liabilities357 56 413