Tyson Foods 2015 Annual Report Download - page 82
Download and view the complete annual report
Please find page 82 of the 2015 Tyson Foods annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.NOTE 17: SEGMENT REPORTING
Weoperateinfourreportablesegments:Chicken,Beef,PorkandPreparedFoods.Wemeasuresegmentprofitasoperatingincome(loss).
FollowingthesaleofourMexicoandBraziloperationsinfiscal2015(seeNote3:AcquisitionsandDispositions),webeganreportingourinternationaloperation,
whichwaspreviouslyreportedastheInternationalsegment,inOther.OthernowincludesourforeignchickenproductionoperationsinChinaandIndiaandthird-
partymergerandintegrationcosts.Allperiodspresentedhavebeenreclassifiedtoreflectthischange.Chicken,Beef,PorkandPreparedFoodsresultswerenot
impactedbythischange.
Chicken: Chickenincludesourdomesticoperationsrelatedtoraisingandprocessinglivechickensintofresh,frozenandvalue-addedchickenproducts,aswellas
salesfromalliedproducts.Productsaremarketeddomesticallytofoodretailers,foodservicedistributors,restaurantoperators,hotelchainsandnoncommercial
foodserviceestablishmentssuchasschools,healthcarefacilities,themilitaryandotherfoodprocessors,aswellastointernationalexportmarkets.Thissegment
alsoincludeslogisticsoperationstomoveproductsthroughourdomesticsupplychainandtheglobaloperationsofourchickenbreedingstocksubsidiary.
Beef: Beefincludesouroperationsrelatedtoprocessinglivefedcattleandfabricatingdressedbeefcarcassesintoprimalandsub-primalmeatcutsandcase-ready
products.Productsaremarketeddomesticallytofoodretailers,foodservicedistributors,restaurantoperators,hotelchainsandnoncommercialfoodservice
establishmentssuchasschools,healthcarefacilities,themilitaryandotherfoodprocessors,aswellastointernationalexportmarkets.Thissegmentalsoincludes
salesfromalliedproductssuchashidesandvarietymeats,aswellaslogisticsoperationstomoveproductsthroughthesupplychain.
Pork: Porkincludesouroperationsrelatedtoprocessinglivemarkethogsandfabricatingporkcarcassesintoprimalandsub-primalcutsandcase-readyproducts.
Productsaremarketeddomesticallytofoodretailers,foodservicedistributors,restaurantoperators,hotelchainsandnoncommercialfoodserviceestablishments
suchasschools,healthcarefacilities,themilitaryandotherfoodprocessors,aswellastointernationalexportmarkets.Thissegmentalsoincludesourliveswine
group,relatedalliedproductprocessingactivitiesandlogisticsoperationstomoveproductsthroughthesupplychain.
Prepared Foods: PreparedFoodsincludesouroperationsrelatedtomanufacturingandmarketingfrozenandrefrigeratedfoodproductsandlogisticsoperationsto
moveproductsthroughthesupplychain.Infiscal2014,wecompletedtheacquisitionofHillshireBrands,amanufacturerandmarketerofbranded,convenient
foodswhichincludesbrandssuchasJimmyDean®,BallPark®,HillshireFarm®,StateFair®,Van's®,SaraLee®andChefPierre®piesaswellasartisanal
brandsAidells®,GalloSalame®,andGoldenIsland®premiumjerky.HillshireBrands'resultsfromoperationsarereportedinthePreparedFoodssegmentfrom
thedateofacquisition.Productsprimarilyincludepepperoni,bacon,breakfastsausage,turkey,lunchmeat,hotdogs,pizzacrustsandtoppings,flourandcorn
tortillaproducts,desserts,appetizers,preparedmeals,ethnicfoods,soups,sauces,sidedishes,meatdishes,breadsticksandprocessedmeats.Productsaremarketed
domesticallytofoodretailers,foodservicedistributors,restaurantoperators,hotelchainsandnoncommercialfoodserviceestablishmentssuchasschools,
healthcarefacilities,themilitaryandotherfoodprocessors,aswellastointernationalexportmarkets.
80