Significant Accounting Policies (Tables)

12 Months Ended

Oct. 31, 2012

Reconciliation of Gross Sales to Net Sales

RECONCILIATION OF GROSS SALES TO NET SALES DOLLARS (in millions)

Product Category	Fiscal Year		Gross Sales		Less Commissions		Less Sales Allowances, Customer Allowances and Customer Allowances For Advertising		Less Other(1)		Net Sales
Fresh Ice Packed Chicken		2010		308.0		3.2		9.7		5.8		289.3
		2011		263.9		3.9		8.5		5.3		246.2
		2012		308.4		4.3		9.8		6.9		287.4
Chill Pack Chicken		2010		576.2		4.3		10.4		2.4		559.1
		2011		670.1		6.0		8.5		3.2		652.4
		2012		821.3		6.8		10.2		5.2		799.1
Frozen Chicken		2010		218.1		0.0		0.0		3.2		214.9
		2011		272.0		0.0		0.0		1.8		270.2
		2012		314.1		0.1		0.3		0.8		312.9
Fresh Vacuum Sealed Chicken		2010		730.0		1.2		4.6		3.8		720.4
		2011		690.8		1.8		6.0		4.0		679.0
		2012		875.7		1.9		6.4		5.1		862.3
Partially Cooked Chicken		2010		122.5		0.7		0.2		0.1		121.5
		2011		107.9		1.0		0.4		0.1		106.4
		2012		90.4		0.8		0.4		0.1		89.1
Mechanically Deboned Chicken		2010		20.3		0.0		0.0		0.0		20.3
		2011		23.9		0.0		0.0		0.0		23.9
		2012		35.3		0.0		0.0		0.0		35.3
Totals		2010		1,975.1		9.4		24.9		15.3		1,925.5
		2011		2,028.6		12.7		23.4		14.4		1,978.1
		2012		2,445.2		13.9		27.1		18.1		2,386.1

⁽¹⁾ Other deductions include short weights, credit memos, rebates and other items, none of which, individually, is material.