XML 45 R34.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information-Acquisition (Details)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Sep. 01, 2016
USD ($)
Feb. 07, 2016
USD ($)
Oct. 01, 2016
USD ($)
$ / shares
Oct. 03, 2015
USD ($)
$ / shares
Oct. 01, 2016
USD ($)
segment
$ / shares
Oct. 03, 2015
USD ($)
$ / shares
Segment Information            
Number of reportable segments | segment         6  
Acquisition of business, cash consideration         $ 214  
Texas Farm LLC, Christensen Farms And Feedlots Inc., Christensen Farms Midwest LLC and hog inventory and sow farm            
Unaudited pro forma information:            
Net sales     $ 1,344 $ 1,482 4,078 $ 4,495
Net earnings     $ 73   $ 198 $ 54
Earnings per common share | $ / shares     $ 62.71 $ 0.02 $ 169.27 $ 45.77
Texas Farm LLC | Pork            
Segment Information            
Acquisition of business, cash consideration $ 59          
Preliminary purchase price allocation            
Inventories 16          
Property, plant and equipment 42          
Goodwill 3          
Accounts payable (2)          
Total consideration transferred 59          
Texas Farm LLC | Pork | Maximum            
Preliminary purchase price allocation            
Acquisition costs $ 1          
Christensen Farms & Feedlots, Inc. and Christensen Farms Midwest, LLC, Assets | Pork            
Segment Information            
Acquisition of business, cash consideration   $ 148        
Preliminary purchase price allocation            
Inventories   33        
Property, plant and equipment   111        
Intangible assets   1        
Goodwill   3        
Total consideration transferred   148        
Net sales from the date of acquisition     $ 39   $ 93  
Christensen Farms & Feedlots, Inc. and Christensen Farms Midwest, LLC, Assets | Pork | Maximum            
Preliminary purchase price allocation            
Acquisition costs   $ 1        
Christensen Farms & Feedlots, Inc. and Christensen Farms Midwest, LLC, Assets | Pork | Customer relationships            
Preliminary purchase price allocation            
Weighted average useful life (in years)   1 year 7 months 6 days        
Hog inventory and sow farm | Pork            
Segment Information            
Acquisition of business, cash consideration         7  
Preliminary purchase price allocation            
Inventories     1   1  
Property, plant and equipment     6   6  
Hog inventory and sow farm | Pork | Maximum            
Preliminary purchase price allocation            
Acquisition costs     $ 1   $ 1