Earnings Per Share (Tables)

6 Months Ended

Apr. 02, 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				Six Months Ended
	April 2, 2022		April 3, 2021		April 2, 2022		April 3, 2021
Numerator:
Net income	$	833	$	477	$	1,959	$	949
Less: Net income attributable to noncontrolling interests	4		1		9		6
Net income attributable to Tyson	829		476		1,950		943
Less dividends declared:
Class A	134		131		274		269
Class B	29		28		59		58
Undistributed earnings	$	666	$	317	$	1,617	$	616
Class A undistributed earnings	$	547	$	261	$	1,329	$	507
Class B undistributed earnings	119		56		288		109
Total undistributed earnings	$	666	$	317	$	1,617	$	616
Denominator:
Denominator for basic earnings per share:
Class A weighted average shares	291		293		291		293
Class B weighted average shares, and shares under the if-converted method for diluted earnings per share	70		70		70		70
Effect of dilutive securities:
Stock options, restricted stock and performance units	3		2		3		2
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions	364		365		364		365
Net income per share attributable to Tyson:
Class A basic	$	2.34	$	1.34	$	5.50	$	2.65
Class B basic	$	2.11	$	1.20	$	4.95	$	2.38
Diluted	$	2.28	$	1.30	$	5.35	$	2.58
Dividends Declared Per Share:
Class A	$	0.460	$	0.445	$	0.935	$	0.915
Class B	$	0.414	$	0.401	$	0.842	$	0.824