Earnings Per Share (Tables)

3 Months Ended

Jan. 01, 2022

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 1, 2022		January 2, 2021
Numerator:
Net income	$	1,126	$	472
Less: Net income attributable to noncontrolling interests	5		5
Net income attributable to Tyson	1,121		467
Less dividends declared:
Class A	140		138
Class B	30		30
Undistributed earnings	$	951	$	299
Class A undistributed earnings	$	782	$	246
Class B undistributed earnings	169		53
Total undistributed earnings	$	951	$	299
Denominator:
Denominator for basic earnings per share:
Class A weighted average shares	292		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	3		2
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions	365		365
Net income per share attributable to Tyson:
Class A basic	$	3.16	$	1.31
Class B basic	$	2.84	$	1.18
Diluted	$	3.07	$	1.28
Dividends Declared Per Share:
Class A	$	0.475	$	0.470
Class B	$	0.428	$	0.423