Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name	TYSON FOODS INC
CIK	0000100493
Accession number	0000100493-14-000220
Link to XBRL instance	http://www.sec.gov/Archives/edgar/data/100493/000010049314000220/tsn-20140927.xml
Fiscal year end	--09-27
Fiscal year focus	2014
Fiscal period focus	FY
Current balance sheet date	2014-09-27
Current year-to-date income statement start date	2013-09-29

Filer entered polarity of concept us-gaap:DeferredTaxAssetsLiabilitiesNet[2,388,000,000]] in reverse. Should be negative.

us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock

The tax effects of major items recorded as deferred tax assets and liabilities as of September 27, 2014, and September 28, 2013, are as follows:



									in millions
	2014					2013
	Deferred Tax					Deferred Tax
	Assets			Liabilities		Assets			Liabilities
Property, plant and equipment	$	—		$	732	$	—		$	525
Suspended taxes from conversion to accrual method	—			66		—			71
Intangible assets	—			2,031		—			29
Inventory	24			121		8			110
Accrued expenses	474			—		209			—
Net operating loss and other carryforwards	96			—		77			—
Insurance reserves	21			—		22			—
Other	80			82		60			98
	$	695		$	3,032	$	376		$	833
Valuation allowance	$	(51	)			$	(77	)
Net deferred tax liability				$	2,388				$	534

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description	Fact value	US GAAP XBRL Concept
Deferred tax assets, gross	695,000,000	us-gaap:DeferredTaxAssetsGross
Valuation allowance	-51,000,000	us-gaap:DeferredTaxAssetsValuationAllowance
Deferred tax assets, net	644,000,000
Deferred tax liabilities	-3,032,000,000	us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net	2,388,000,000	us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK	4,776,000,000	*

(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description	Fact value	US GAAP XBRL Concept
Deferred tax assets, net, current	0
Deferred tax assets, net, noncurrent	0
Deferred tax liabilities, net, current	0
Deferred tax liabilities, net, noncurrent	-2,450,000,000	us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net	2,388,000,000	us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK	4,838,000,000	*

(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description	Fact value	US GAAP XBRL Concept
Deferred tax assets	644,000,000
Deferred tax liabilities, net	-3,032,000,000	us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net	2,388,000,000	us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK	4,776,000,000	*

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