Hormel Foods Corp
NYSE:HRL
Balance Sheet
Balance Sheet Decomposition
Hormel Foods Corp
Hormel Foods Corp
Balance Sheet
Hormel Foods Corp
| Oct-2002 | Oct-2003 | Oct-2004 | Oct-2005 | Oct-2006 | Oct-2007 | Oct-2008 | Oct-2009 | Oct-2010 | Oct-2011 | Oct-2012 | Oct-2013 | Oct-2014 | Oct-2015 | Oct-2016 | Oct-2017 | Oct-2018 | Oct-2019 | Oct-2020 | Oct-2021 | Oct-2022 | Oct-2023 | Oct-2024 | Oct-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents |
310
|
98
|
180
|
131
|
172
|
150
|
155
|
385
|
468
|
463
|
682
|
434
|
334
|
347
|
415
|
444
|
459
|
673
|
1 714
|
614
|
982
|
737
|
742
|
671
|
|
| Cash Equivalents |
310
|
98
|
180
|
131
|
172
|
150
|
155
|
385
|
468
|
463
|
682
|
434
|
334
|
347
|
415
|
444
|
459
|
673
|
1 714
|
614
|
982
|
737
|
742
|
671
|
|
| Short-Term Investments |
0
|
0
|
109
|
39
|
0
|
0
|
0
|
0
|
51
|
76
|
77
|
0
|
0
|
0
|
0
|
0
|
0
|
15
|
17
|
21
|
16
|
17
|
25
|
33
|
|
| Total Receivables |
275
|
291
|
273
|
301
|
342
|
367
|
411
|
372
|
439
|
486
|
524
|
552
|
635
|
612
|
610
|
641
|
604
|
594
|
744
|
904
|
875
|
825
|
868
|
882
|
|
| Accounts Receivables |
275
|
291
|
273
|
301
|
342
|
367
|
411
|
372
|
431
|
461
|
507
|
552
|
610
|
606
|
591
|
618
|
600
|
574
|
702
|
896
|
868
|
817
|
818
|
785
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
25
|
17
|
0
|
25
|
6
|
19
|
23
|
4
|
20
|
42
|
8
|
7
|
7
|
50
|
97
|
|
| Inventory |
356
|
403
|
426
|
535
|
571
|
647
|
785
|
722
|
794
|
886
|
951
|
968
|
1 055
|
993
|
986
|
921
|
964
|
1 042
|
1 073
|
1 369
|
1 716
|
1 680
|
1 576
|
1 747
|
|
| Other Current Assets |
21
|
32
|
42
|
60
|
57
|
69
|
87
|
95
|
106
|
88
|
87
|
94
|
109
|
110
|
20
|
21
|
23
|
37
|
30
|
40
|
48
|
39
|
35
|
73
|
|
| Total Current Assets |
962
|
824
|
1 029
|
1 065
|
1 142
|
1 232
|
1 438
|
1 575
|
1 858
|
1 998
|
2 321
|
2 047
|
2 133
|
2 063
|
2 030
|
2 027
|
2 050
|
2 361
|
3 579
|
2 948
|
3 637
|
3 297
|
3 246
|
3 406
|
|
| PP&E Net |
653
|
701
|
704
|
878
|
911
|
967
|
978
|
953
|
922
|
907
|
924
|
955
|
1 002
|
1 012
|
1 105
|
1 203
|
1 513
|
1 629
|
1 951
|
2 181
|
2 215
|
2 298
|
2 342
|
2 386
|
|
| PP&E Gross |
653
|
701
|
704
|
878
|
911
|
967
|
978
|
953
|
922
|
907
|
924
|
955
|
1 002
|
1 012
|
1 105
|
1 203
|
1 513
|
1 629
|
1 951
|
2 181
|
2 215
|
2 298
|
2 342
|
2 386
|
|
| Accumulated Depreciation |
650
|
710
|
770
|
845
|
933
|
1 004
|
1 091
|
1 183
|
1 265
|
1 342
|
1 418
|
1 506
|
1 580
|
1 634
|
1 662
|
1 573
|
1 689
|
1 726
|
1 869
|
2 027
|
2 184
|
2 345
|
2 518
|
2 674
|
|
| Intangible Assets |
56
|
96
|
95
|
140
|
148
|
162
|
151
|
141
|
142
|
132
|
123
|
378
|
555
|
827
|
903
|
1 027
|
1 207
|
1 034
|
1 076
|
1 822
|
1 803
|
1 757
|
1 733
|
1 647
|
|
| Goodwill |
310
|
414
|
418
|
502
|
551
|
596
|
619
|
620
|
629
|
631
|
631
|
934
|
1 226
|
1 699
|
1 834
|
2 120
|
2 714
|
2 482
|
2 613
|
4 929
|
4 926
|
4 928
|
4 923
|
4 924
|
|
| Long-Term Investments |
127
|
138
|
55
|
68
|
77
|
102
|
94
|
87
|
214
|
296
|
287
|
271
|
264
|
259
|
240
|
242
|
273
|
289
|
308
|
299
|
271
|
725
|
719
|
534
|
|
| Other Long-Term Assets |
112
|
219
|
232
|
194
|
232
|
335
|
336
|
317
|
289
|
280
|
278
|
330
|
275
|
279
|
257
|
357
|
385
|
314
|
380
|
517
|
455
|
443
|
470
|
496
|
|
| Other Assets |
310
|
414
|
418
|
502
|
551
|
596
|
619
|
620
|
629
|
631
|
631
|
934
|
1 226
|
1 699
|
1 834
|
2 120
|
2 714
|
2 482
|
2 613
|
4 929
|
4 926
|
4 928
|
4 923
|
4 924
|
|
| Total Assets |
2 220
N/A
|
2 393
+8%
|
2 534
+6%
|
2 847
+12%
|
3 060
+7%
|
3 394
+11%
|
3 616
+7%
|
3 692
+2%
|
4 054
+10%
|
4 244
+5%
|
4 564
+8%
|
4 916
+8%
|
5 456
+11%
|
6 140
+13%
|
6 370
+4%
|
6 976
+10%
|
8 142
+17%
|
8 109
0%
|
9 908
+22%
|
12 696
+28%
|
13 307
+5%
|
13 449
+1%
|
13 435
0%
|
13 393
0%
|
|
| Liabilities | |||||||||||||||||||||||||
| Accounts Payable |
174
|
196
|
204
|
255
|
271
|
291
|
379
|
313
|
361
|
390
|
386
|
387
|
484
|
495
|
482
|
553
|
619
|
587
|
645
|
793
|
817
|
771
|
736
|
732
|
|
| Accrued Liabilities |
188
|
196
|
214
|
255
|
250
|
292
|
293
|
357
|
381
|
380
|
396
|
388
|
465
|
527
|
567
|
505
|
518
|
509
|
578
|
590
|
615
|
575
|
634
|
624
|
|
| Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
70
|
100
|
0
|
0
|
0
|
0
|
0
|
0
|
185
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Current Portion of Long-Term Debt |
14
|
14
|
16
|
11
|
0
|
0
|
0
|
0
|
350
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
259
|
9
|
9
|
951
|
8
|
7
|
|
| Other Current Liabilities |
35
|
36
|
32
|
62
|
63
|
11
|
10
|
15
|
9
|
8
|
5
|
9
|
6
|
7
|
4
|
1
|
2
|
9
|
22
|
24
|
33
|
15
|
22
|
19
|
|
| Total Current Liabilities |
410
|
442
|
464
|
583
|
585
|
665
|
781
|
685
|
1 101
|
778
|
786
|
784
|
955
|
1 214
|
1 053
|
1 058
|
1 139
|
1 105
|
1 504
|
1 416
|
1 473
|
2 312
|
1 399
|
1 381
|
|
| Long-Term Debt |
410
|
395
|
362
|
350
|
350
|
350
|
350
|
350
|
0
|
250
|
250
|
250
|
250
|
250
|
250
|
250
|
625
|
250
|
1 045
|
3 315
|
3 291
|
2 359
|
2 851
|
2 851
|
|
| Deferred Income Tax |
0
|
11
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
24
|
64
|
0
|
98
|
197
|
177
|
219
|
278
|
475
|
498
|
589
|
661
|
|
| Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
6
|
3
|
5
|
6
|
6
|
3
|
3
|
4
|
4
|
4
|
5
|
5
|
5
|
4
|
11
|
15
|
|
| Other Liabilities |
285
|
292
|
305
|
314
|
322
|
494
|
478
|
533
|
546
|
556
|
703
|
565
|
615
|
610
|
615
|
630
|
577
|
652
|
710
|
709
|
528
|
541
|
591
|
584
|
|
| Total Liabilities |
1 105
N/A
|
1 140
+3%
|
1 135
0%
|
1 248
+10%
|
1 257
+1%
|
1 509
+20%
|
1 609
+7%
|
1 569
-2%
|
1 653
+5%
|
1 588
-4%
|
1 745
+10%
|
1 605
-8%
|
1 850
+15%
|
2 142
+16%
|
1 922
-10%
|
2 040
+6%
|
2 541
+25%
|
2 188
-14%
|
3 483
+59%
|
5 723
+64%
|
5 772
+1%
|
5 714
-1%
|
5 441
-5%
|
5 492
+1%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
|
| Retained Earnings |
1 140
|
1 266
|
1 415
|
1 612
|
1 821
|
1 979
|
2 113
|
2 318
|
2 569
|
2 824
|
3 135
|
3 453
|
3 806
|
4 216
|
4 737
|
5 163
|
5 730
|
6 128
|
6 523
|
6 882
|
7 313
|
7 493
|
7 678
|
7 517
|
|
| Additional Paid In Capital |
0
|
4
|
0
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
107
|
185
|
290
|
360
|
469
|
506
|
571
|
620
|
|
| Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
7
|
2
|
|
| Treasury Stock |
0
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Equity |
33
|
25
|
24
|
25
|
18
|
102
|
113
|
204
|
176
|
175
|
324
|
149
|
208
|
226
|
296
|
248
|
243
|
400
|
395
|
277
|
256
|
279
|
256
|
245
|
|
| Total Equity |
1 115
N/A
|
1 253
+12%
|
1 399
+12%
|
1 599
+14%
|
1 803
+13%
|
1 885
+5%
|
2 008
+7%
|
2 123
+6%
|
2 401
+13%
|
2 657
+11%
|
2 819
+6%
|
3 311
+17%
|
3 606
+9%
|
3 998
+11%
|
4 448
+11%
|
4 936
+11%
|
5 601
+13%
|
5 921
+6%
|
6 426
+9%
|
6 973
+9%
|
7 535
+8%
|
7 735
+3%
|
7 993
+3%
|
7 901
-1%
|
|
| Total Liabilities & Equity |
2 220
N/A
|
2 393
+8%
|
2 534
+6%
|
2 847
+12%
|
3 060
+7%
|
3 394
+11%
|
3 616
+7%
|
3 692
+2%
|
4 054
+10%
|
4 244
+5%
|
4 564
+8%
|
4 916
+8%
|
5 456
+11%
|
6 140
+13%
|
6 370
+4%
|
6 976
+10%
|
8 142
+17%
|
8 109
0%
|
9 908
+22%
|
12 696
+28%
|
13 307
+5%
|
13 449
+1%
|
13 435
0%
|
13 393
0%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
554
|
554
|
552
|
551
|
549
|
543
|
538
|
534
|
532
|
528
|
526
|
527
|
527
|
528
|
528
|
528
|
534
|
534
|
540
|
542
|
546
|
547
|
549
|
550
|
|