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REPORTABLE SEGMENT
 6 Months Ended
Jul. 03, 2016
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
NOTE 9:     REPORTABLE SEGMENTS 
Our operating segments are determined on the basis of how we internally report and evaluate financial information used to make operating decisions and assess performance. For external reporting purposes, we aggregate operating segments which have similar economic characteristics, products, production processes, types or classes of customers and distribution methods into reportable segments based on a combination of factors, including products produced and geographic areas of operations. Our reportable segments are Fresh Pork, Packaged Meats, Hog Production, International and Corporate.

The Fresh Pork segment consists of our U.S. fresh pork operations. The Packaged Meats segment consists of our U.S. packaged meats operations. The Hog Production segment consists of our U.S. hog production operations. The International segment is comprised mainly of our meat processing and distribution operations in Poland, Romania and the United Kingdom, our interests in meat processing operations in Mexico, our hog production operations located in Poland and Romania, our interests in hog production operations in Mexico, and our former investment in Campofrío Food Group. The Corporate segment provides management and administrative services to support our other segments.


The following table presents sales and operating profit (loss) by segment for the periods indicated:
 
 
Three Months Ended
 
Six Months Ended
 
 
July 3,
2016
 
June 28,
2015
 
July 3,
2016
 
June 28,
2015
 
 
(in millions)
 
(in millions)
Sales:
 
 
 
 
 
 
 
 
Segment sales—
 
 
 
 
 
 
 
 
Fresh Pork
 
$
1,352.2

 
$
1,364.5

 
$
2,470.4

 
$
2,698.6

Packaged Meats
 
1,656.7

 
1,545.6

 
3,402.0

 
3,255.2

Hog Production
 
676.4

 
784.6

 
1,296.7

 
1,591.0

International
 
371.4

 
352.5

 
688.2

 
682.7

Total segment sales
 
4,056.7

 
4,047.2

 
7,857.3

 
8,227.5

Intersegment sales—
 
 
 
 
 
 
 
 
Fresh Pork
 
(18.9
)
 
(14.1
)
 
(34.1
)
 
(28.8
)
Packaged Meats
 
(0.1
)
 
(0.1
)
 
(0.1
)
 
(0.1
)
Hog Production
 
(534.7
)
 
(533.7
)
 
(1,002.8
)
 
(1,072.5
)
International
 
(10.4
)
 
(12.7
)
 
(21.4
)
 
(23.0
)
Total intersegment sales
 
(564.1
)
 
(560.6
)
 
(1,058.4
)
 
(1,124.4
)
Consolidated sales
 
$
3,492.6

 
$
3,486.6

 
$
6,798.9

 
$
7,103.1

 
 
 
 
 
 
 
 
 
Operating profit (loss):
 
 
 
 
 
 
 
 
Fresh Pork
 
57.9

 
(15.1
)
 
157.8

 
18.1

Packaged Meats
 
172.9

 
176.3

 
380.0

 
348.8

Hog Production
 
15.2

 
39.1

 
(68.3
)
 
32.7

International
 
19.2

 
14.8

 
33.4

 
30.7

Corporate
 
(28.1
)
 
(29.0
)
 
(55.7
)
 
(56.0
)
Consolidated operating profit
 
$
237.1

 
$
186.1

 
$
447.2

 
$
374.3