v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDER’S EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Dec. 29, 2024   380,069,232      
Beginning balance at Dec. 29, 2024 $ 5,834   $ 3,102 $ 3,184 $ (452)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock (in shares)   13,043,479      
Issuance of common stock 236   236    
Stock compensation expense 6   6    
Adjustment to redeemable noncontrolling interests (6)   (6)    
Dividends declared (296)     (296)  
Other (6)   (6)    
Comprehensive income attributable to Smithfield:          
Net income 660     660  
Other comprehensive income, net of tax 38       38
Ending balance (in shares) at Sep. 28, 2025   393,112,711      
Ending balance at Sep. 28, 2025 6,466   3,333 3,548 (414)
Beginning balance (in shares) at Jun. 29, 2025   393,112,711      
Beginning balance at Jun. 29, 2025 6,301   3,335 3,398 (432)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock compensation expense 2   2    
Adjustment to redeemable noncontrolling interests (5)   (5)    
Dividends declared (99)     (99)  
Comprehensive income attributable to Smithfield:          
Net income 248     248  
Other comprehensive income, net of tax 18       18
Ending balance (in shares) at Sep. 28, 2025   393,112,711      
Ending balance at Sep. 28, 2025 $ 6,466   3,333 3,548 (414)
Beginning balance (in shares) at Dec. 28, 2025 393,112,711 393,112,711      
Beginning balance at Dec. 28, 2025 $ 6,801   3,338 3,776 (314)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock compensation expense 14   14    
Settlement of stock options and restricted stock units (in shares)   868,027      
Settlement of stock options and restricted stock units 6   7 (1)  
Withholding tax on settlement of restricted stock units (in shares)   (179,912)      
Withholding tax on settlement of restricted stock units (4)   (4)    
Adjustment to redeemable noncontrolling interests (14)   (14)    
Dividends declared (371)     (371)  
Comprehensive income attributable to Smithfield:          
Net income 574     574  
Other comprehensive income, net of tax $ 9       9
Ending balance (in shares) at Sep. 27, 2026 393,800,826 393,800,826      
Ending balance at Sep. 27, 2026 $ 7,015   3,341 3,978 (304)
Beginning balance (in shares) at Jun. 28, 2026   393,760,231      
Beginning balance at Jun. 28, 2026     3,296 4,012 (304)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock compensation expense 5   5    
Settlement of stock options and restricted stock units (in shares)   40,595      
Settlement of stock options and restricted stock units 1   1    
Adjustment to redeemable noncontrolling interests 39   39    
Dividends declared (124)     (124)  
Comprehensive income attributable to Smithfield:          
Net income 89     89  
Other comprehensive income, net of tax $ 0       0
Ending balance (in shares) at Sep. 27, 2026 393,800,826 393,800,826      
Ending balance at Sep. 27, 2026 $ 7,015   $ 3,341 $ 3,978 $ (304)