v3.25.2
EQUITY - Schedule of Reclassification out of Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Before Tax        
Losses arising during the period     $ (38) $ 0
Gains (losses) on reclassification of derivatives     14 25
Total other comprehensive income (loss) from continuing operations $ (27) $ 7 32 (52)
Other comprehensive income (loss) attributable to noncontrolling interest 16 (21) 15  
Other comprehensive income (loss) attributable to Smithfield (42) 28 16 (37)
Tax        
Total other comprehensive income (loss) from continuing operations 19 (23) 4 (9)
Other comprehensive income (loss) attributable to noncontrolling interest 0 0 0 0
Other comprehensive income (loss) attributable to Smithfield 19 (23) 4 (9)
After Tax        
Total other comprehensive income (loss) (8) (16) 35 (61)
Other comprehensive income (loss) attributable to noncontrolling interest 16 (21) 15 (16)
Other comprehensive income (loss) attributable to Smithfield (23) 5 20 (46)
Translation gains (losses) attributable to noncontrolling interests       (15)
Continuing Operations        
Before Tax        
Translation gain (losses) 47 (61) 45 (46)
Amortization of actuarial losses and prior service credits reclassified to non-operating (gains) losses 5 4 10 9
Losses arising during the period (82) 61 (38) 0
Total other comprehensive income (loss) from continuing operations (27) 28 32 (10)
Tax        
Translation gain (losses) 0 0 0 0
Amortization of actuarial losses and prior service credits reclassified to non-operating (gains) losses (1) (1) (2) (2)
Gains (losses) arising during the period 21 (16) 10 0
Total other comprehensive income (loss) from continuing operations 19 (23) 4 (9)
After Tax        
Translation gain (losses) 47 (61) 45 (46)
Amortization of actuarial losses and prior service credits reclassified to non-operating (gains) losses 4 3 7 7
Gains (losses) arising during the period (61) 46 (28) 0
Total other comprehensive income (loss) (8) 5 35 (19)
Continuing Operations | Sales:        
Before Tax        
Gains (losses) on reclassification of derivatives 6 14 14 12
Tax        
Gains (losses) on reclassification of derivatives (1) (4) (4) (3)
After Tax        
Gains (losses) on reclassification of derivatives 4 10 11 9
Continuing Operations | Cost of sales:        
Before Tax        
Gains (losses) on reclassification of derivatives (2) 9 (1) 13
Tax        
Gains (losses) on reclassification of derivatives 1 (2) 0 (3)
After Tax        
Gains (losses) on reclassification of derivatives (2) 7 (1) 10
Continuing Operations | Interest expense:        
Before Tax        
Gains (losses) on reclassification of derivatives     1 1
Tax        
Gains (losses) on reclassification of derivatives     0 0
After Tax        
Gains (losses) on reclassification of derivatives     1 1
Discontinued operations:        
Before Tax        
Translation gain (losses) 0 (20) 0 (41)
Gains (losses) on reclassification of derivatives     0 (1)
Total other comprehensive income (loss) from continuing operations 0 (21) 0 (42)
Tax        
Translation gain (losses) 0 0 0 0
Gains (losses) on reclassification of derivatives     0 0
Total other comprehensive income (loss) from continuing operations 0 0 0 0
After Tax        
Translation gain (losses) 0 (20) 0 (41)
Gains (losses) on reclassification of derivatives     0 (1)
Total other comprehensive income (loss) $ 0 $ (21) $ 0 $ (42)