HORMEL FOODS CORPORATION HRL Balance Sheet

Hormel foods corporation (HRL)

Balance Sheet / Yearly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Oct'09
Assets
Current Assets
Cash and Cash Equivalents
724	672	560	639	512	459	268	261	385	444	633	548	609	415	379	379	375	347	349	624	527	334	530	499	639	434	329	262	887	682	533	524	548	463	497	913	598	467	376	385
Short-term Marketable Securities
14	14	14	6	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77	77	76	76	76	76	51	50	50	50	0
Accounts Receivable
562	574	528	537	565	600	559	551	569	618	549	525	530	591	564	548	554	605	549	578	578	609	536	515	505	551	514	462	466	507	474	439	422	461	427	405	406	430	383	372
Inventory, Net
1,057	1,042	1,108	1,030	994	963	1,001	1,011	973	921	1,013	988	958	985	1,034	1,027	994	993	984	963	1,016	1,054	1,076	1,053	924	967	1,003	998	953	950	927	912	882	885	865	810	787	793	790	722
Income Taxes Receivable
0	19	0	0	0	3	4	2	0	22	-	42	-	18	7	-	-	6	15	28	-	25	6	14	-	-	2	17	-	16	18	16	-	24	16	4	-	8	6	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	86	81	86	86	86	71	71	73	73	76	71	70	68	68	69	69	69	70	71	69	70	71	66
Prepaid Expenses
24	22	22	24	23	16	14	18	15	16	17	15	15	13	15	13	13	14	17	14	29	15	13	12	13	13	14	12	13	12	12	11	12	10	11	12	13	12	13	9
Other Current Assets
10	14	11	12	4	6	5	5	4	4	4	5	5	5	8	5	7	9	6	5	7	6	9	5	10	7	9	7	8	5	5	8	8	8	10	17	22	23	17	19
Total Current Assets
2,394	2,361	2,245	2,250	2,100	2,050	1,854	1,850	1,948	2,026	2,217	2,125	2,119	2,029	2,010	1,975	1,946	2,063	2,003	2,302	2,246	2,132	2,245	2,172	2,166	2,047	1,951	1,832	2,399	2,320	2,117	2,060	2,021	1,998	1,977	2,287	1,949	1,858	1,710	1,574
DEFERRED INCOME TAXES
-	-	-	-	-	-	-	-	-	-	-	-	-	6	13	23	20	-	-	-	-	-	22	17	23	25	137	137	141	144	55	67	66	59	49	53	57	72	105	122
Goodwill
2,484	2,481	2,487	2,486	2,716	2,714	2,734	2,731	2,957	2,119	1,822	1,822	1,822	1,834	1,921	1,698	1,699	1,699	1,978	1,228	1,225	1,226	962	962	962	934	934	932	630	630	630	630	630	630	630	630	630	629	628	620
Other Intangibles
1,031	1,033	1,038	1,040	1,204	1,207	1,236	1,251	1,023	1,027	882	884	886	903	815	823	825	827	548	550	552	554	373	376	378	378	380	382	120	123	125	127	129	132	134	136	139	141	144	140
Pension Assets
141	135	210	205	200	195	190	184	178	171	98	78	73	68	170	140	136	132	166	139	134	130	199	170	166	162	0	0	0	0	108	79	78	80	87	64	64	61	31	29
Investments In and Receivables From Affiliates
290	289	279	276	277	273	276	265	262	242	248	246	243	239	257	254	253	258	245	264	255	264	263	267	258	270	269	284	280	286	296	301	292	295	227	222	211	214	132	86
Other Assets
251	177	177	181	171	189	192	192	196	184	184	183	184	182	146	145	144	146	145	147	147	145	143	142	144	142	138	140	132	134	132	138	142	140	147	150	155	155	164	165
Property, Plant and Equipment
Land
54	49	49	49	49	50	51	52	51	51	46	46	46	67	67	70	70	71	70	61	61	61	61	61	61	58	58	57	56	56	56	56	56	56	55	55	55	54	53	52
Buildings
1,138	1,083	1,035	1,011	958	956	904	900	890	866	757	742	734	805	788	821	817	815	815	807	810	803	789	786	783	784	782	780	771	767	757	757	749	749	740	738	736	729	726	723
Equipment
1,990	1,965	1,887	1,851	1,819	1,863	1,806	1,808	1,776	1,710	1,665	1,616	1,587	1,675	1,658	1,706	1,690	1,679	1,678	1,652	1,644	1,597	1,564	1,558	1,546	1,532	1,519	1,501	1,452	1,435	1,414	1,405	1,401	1,393	1,376	1,373	1,362	1,358	1,344	1,317
Construction in Progress
275	256	242	259	302	332	311	226	174	148	152	183	189	218	181	132	94	79	63	83	73	119	122	120	104	85	74	83	75	82	91	73	62	50	49	43	43	45	56	41
Less: Allowance for Depreciation
1,763	1,726	1,698	1,677	1,646	1,689	1,663	1,633	1,599	1,573	1,567	1,545	1,522	1,661	1,642	1,682	1,659	1,634	1,626	1,614	1,592	1,580	1,559	1,550	1,528	1,505	1,485	1,465	1,439	1,417	1,404	1,384	1,361	1,341	1,326	1,306	1,282	1,265	1,252	1,183
Property, Plant and Equipment, Gross
-	-	-	-	-	-	-	-	-	-	-	-	2,557	-	2,695	2,731	2,673	2,645	2,628	2,604	2,589	2,582	2,538	2,526	2,495	2,460	2,434	2,423	2,356	2,342	2,320	2,292	2,269	2,248	2,222	2,211	2,197	2,187	2,180	2,136
Net Property, Plant and Equipment
1,695	1,629	1,516	1,494	1,483	1,512	1,410	1,353	1,293	1,203	1,054	1,043	1,035	1,105	1,052	1,048	1,014	1,011	1,001	990	997	1,001	978	976	967	955	949	957	916	924	915	908	908	907	895	905	915	922	928	952
Total Assets
8,290	8,109	7,954	7,935	8,155	8,142	7,895	7,829	7,858	6,975	6,507	6,385	6,366	6,370	6,388	6,110	6,040	6,139	6,091	5,622	5,559	5,455	5,188	5,085	5,067	4,915	4,761	4,667	4,622	4,563	4,382	4,314	4,270	4,244	4,149	4,451	4,122	4,053	3,845	3,692
Liabilities and Shareholders' Investment
Current Liabilities
Accounts Payable
490	590	513	523	505	618	488	465	532	552	421	372	387	481	414	389	411	495	393	385	407	484	358	339	354	387	369	315	324	385	289	318	308	390	301	277	267	361	297	313
Short-term debt
-	-	-	-	-	-	95	185	255	-	-	-	-	-	145	-	-	185	350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued Expenses
64	62	56	59	50	48	58	62	72	76	71	57	65	82	87	71	84	71	64	63	96	76	45	43	45	20	32	42	58	49	43	53	69	40	42	45	52	46	33	40
Accrued Workers Compensation
27	24	25	24	25	24	27	25	29	26	24	24	25	36	38	37	37	37	38	38	37	35	38	39	40	38	37	35	35	33	33	33	32	32	33	33	33	33	32	29
Accrued Marketing Expenses
110	96	134	126	139	118	119	127	127	101	77	106	128	119	141	156	153	119	125	132	117	89	99	109	117	91	113	99	98	78	84	86	91	77	100	89	87	76	97	70
Employee Related Expenses
164	213	193	182	160	224	201	180	157	209	188	171	154	251	214	195	164	232	197	177	147	209	183	163	142	192	182	161	138	193	176	161	139	195	176	156	128	187	164	181
Taxes Payable
30	6	34	22	63	2	2	1	46	0	1	1	65	4	7	10	89	6	6	5	61	5	4	4	67	8	6	6	35	4	5	6	40	8	9	8	61	9	9	15
Interest and Dividends Payable
127	112	115	112	116	101	103	99	102	90	93	90	92	77	79	77	79	66	69	66	69	53	56	53	55	45	48	45	47	40	42	40	42	34	37	44	37	37	31	34
Current Maturities of Long-term Debt
8	0	-	-	374	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	350	350	350	350	0
Total Current Liabilities
1,023	1,105	1,073	1,051	1,435	1,138	1,096	1,148	1,323	1,058	877	824	919	1,053	1,128	937	1,020	1,214	1,245	870	937	954	785	751	824	784	789	707	737	786	676	699	724	778	700	1,005	1,020	1,101	1,016	685
Long-term Debt–Less Current Maturities
308	250	250	250	250	624	624	624	624	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	250	-	-	0	350
Pension and Post-retirement Benefits
539	536	492	488	484	477	534	535	532	530	529	526	524	522	516	513	511	509	508	506	504	502	487	485	483	481	589	612	613	615	477	476	475	473	458	457	456	454	433	429
Other Long-term Liabilities
145	115	102	101	100	99	104	104	107	99	88	90	90	93	99	99	95	101	110	108	105	112	86	85	84	84	78	79	88	87	82	82	81	82	73	95	94	91	87	102
Deferred Income Taxes
176	176	145	142	179	197	139	125	114	98	9	7	6	-	-	-	-	64	40	43	29	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, issued shares (in shares)
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholders' Investment
Preferred stock, par value $0.01 a share — authorized 160,000,000 shares; issued — none
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, issued shares, value
7	7	7	7	7	7	7	7	7	7	7	7	7	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional Paid-in Capital
230	184	170	163	130	106	27	10	19	13	-	-	-	-	-	11	5	-	10	6	7	-	-	0	7	-	-	26	23	-	-	-	-	-	-	19	17	-	-	-
Accumulated Other Comprehensive Loss
-393	-399	-275	-278	-292	-243	-259	-235	-242	-248	-291	-299	-302	-296	-224	-225	-227	-225	-191	-199	-200	-207	-151	-142	-150	-149	-325	-325	-324	-323	-168	-187	-185	-175	-154	-149	-161	-175	-188	-203
Retained Earnings
6,246	6,128	5,984	6,003	5,856	5,729	5,615	5,504	5,366	5,162	5,033	4,974	4,866	4,736	4,607	4,513	4,374	4,216	4,106	4,025	3,911	3,805	3,715	3,640	3,553	3,452	3,363	3,300	3,220	3,135	3,050	2,980	2,912	2,824	2,806	2,759	2,683	2,568	2,483	2,318
Hormel Foods Corporation Shareholders' Investment
6,091	5,921	5,887	5,897	5,701	5,600	5,391	5,287	5,151	4,935	4,749	4,683	4,571	4,448	4,390	4,306	4,160	3,998	3,932	3,840	3,726	3,605	3,571	3,505	3,417	3,311	3,045	3,009	2,927	2,819	2,888	2,800	2,734	2,656	2,659	2,637	2,547	2,400	2,303	2,122
Noncontrolling Interest
4	4	4	4	4	4	4	4	4	3	3	3	3	3	3	3	3	3	3	3	5	6	8	7	6	5	8	7	6	5	7	5	4	3	6	5	4	5	4	1
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
6,096	5,925	5,891	5,901	5,705	5,604	5,395	5,291	5,155	4,939	4,753	4,686	4,575	4,451	4,393	4,309	4,163	4,001	3,936	3,843	3,732	3,612	3,579	3,513	3,424	3,316	3,053	3,017	2,933	2,824	2,896	2,805	2,739	2,659	2,666	2,643	2,551	2,406	2,307	2,124
Total Liabilities and Shareholders' Investment
8,290	8,109	7,954	7,935	8,155	8,142	7,895	7,829	7,858	6,975	6,507	6,385	6,366	6,370	6,388	6,110	6,040	6,139	6,091	5,622	5,559	5,455	5,188	5,085	5,067	4,915	4,761	4,667	4,622	4,563	4,382	4,314	4,270	4,244	4,149	4,451	4,122	4,053	3,845	3,692
Common Stock, Non-voting
Common stock, issued shares, value
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	7	-	7	7	7	7	7	7	7	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-