v3.24.0.1
Segment Reporting (Tables)
 3 Months Ended
Dec. 30, 2023
Segment Reporting [Abstract]  
Segment Reporting Information, By Segment
Information on segments and a reconciliation to income before income taxes are as follows (in millions): 
Three Months Ended
December 30, 2023December 31, 2022
Sales:
Beef$5,023 $4,723 
Pork1,517 1,529 
Chicken4,033 4,263 
Prepared Foods2,543 2,538 
International/Other582 612 
Intersegment(379)(405)
Total Sales$13,319 $13,260 
Three Months Ended
December 30, 2023December 31, 2022
Operating Income (Loss):
Beef(a)
$(206)$166 
Pork(b)
39 (21)
Chicken(c)
177 69 
Prepared Foods243 258 
International/Other(d)
(22)(5)
Total Operating Income231 467 
Total Other (Income) Expense70 33 
Income before Income Taxes$161 $434 
(a) Beef segment results for the three months ended December 30, 2023 included $40 million of costs related to plant closures and a $45 million legal contingency accrual, recognized in Cost of Sales. Additionally, Beef segment results for the three months ended December 31, 2022 included $42 million of insurance proceeds, net of costs incurred, recognized in Cost of Sales.
(b) Pork segment results for the three months ended December 30, 2023 included a $28 million legal contingency accrual, recognized in Cost of Sales.
(c) Chicken segment results for the three months ended December 30, 2023 included insurance proceeds, net of costs incurred, of $24 million and costs related to plant closures of $35 million, recognized in Cost of Sales. Additionally, Chicken segment results for the three months ended December 31, 2022 included $7 million of costs related to a fire at one of our production facilities, net of insurance proceeds, recognized in Cost of Sales.
(d) International/Other results for the three months ended December 30, 2023 included $26 million of costs incurred due to a production facility fire in Europe, net of insurance proceeds, recognized in Cost of Sales.
Disaggregation of Revenue, By Segment and Distribution Channel
The following tables further disaggregate our sales to customers by major distribution channels (in millions):
Three months ended December 30, 2023
Retail(a)
Foodservice(b)
International(c)
Industrial and Other(d)
IntersegmentTotal
Beef$2,397 $1,315 $632 $578 $101 $5,023 
Pork483 117 353 305 259 1,517 
Chicken1,713 1,607 217 477 19 4,033 
Prepared Foods1,488 961 59 35 — 2,543 
International/Other— — 582 — — 582 
Intersegment— — — — (379)(379)
Total$6,081 $4,000 $1,843 $1,395 $— $13,319 
Three months ended December 31, 2022
Retail(a)
Foodservice(b)
International(c)
Industrial and Other(d)
IntersegmentTotal
Beef$2,134 $1,129 $697 $647 $116 $4,723 
Pork458 117 332 350 272 1,529 
Chicken1,881 1,606 246 513 17 4,263 
Prepared Foods1,505 938 56 39 — 2,538 
International/Other— — 612 — — 612 
Intersegment— — — — (405)(405)
Total$5,978 $3,790 $1,943 $1,549 $— $13,260 
(a) Includes sales to consumer products and food retailers, such as grocery retailers, warehouse club stores and internet-based retailers.
(b) Includes sales to foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, convenience stores, healthcare facilities and the military.
(c) Includes sales to international markets for internationally produced products or export sales of domestically produced products.
(d) Includes sales to industrial food processing companies that further process our product to sell to end consumers and any remaining sales not included in the Retail, Foodservice or International categories.