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SEGMENTS (Tables) | 6 Months Ended
--- | ---
Mar. 30, 2024
Segment Reporting [Abstract] |
Net Sales by Reportable Segments |
| Thirteen Week Periods Ended |  | Twenty-Six Week Periods Ended
| March 30, 2024 |  | April 1, 2023 |  | March 30, 2024 |  | April 1, 2023
Net sales to external customers |  |  |  |  |  |  |
Power & Control |  |  |  |  |  |  |
Commercial and non-aerospace OEM | $ | 202 |  |  | $ | 167 |  |  | $ | 379 |  |  | $ | 319 |
Commercial and non-aerospace aftermarket | 290 |  |  | 275 |  |  | 586 |  |  | 517 |
Defense | 422 |  |  | 374 |  |  | 833 |  |  | 705 |
Total Power & Control | 914 |  |  | 816 |  |  | 1,798 |  |  | 1,541 |
Airframe |  |  |  |  |  |  |
Commercial and non-aerospace OEM | 308 |  |  | 230 |  |  | 580 |  |  | 430 |
Commercial and non-aerospace aftermarket | 336 |  |  | 267 |  |  | 660 |  |  | 505 |
Defense | 315 |  |  | 236 |  |  | 581 |  |  | 434 |
Total Airframe | 959 |  |  | 733 |  |  | 1,821 |  |  | 1,369 |
Total Non-aviation | 46 |  |  | 43 |  |  | 89 |  |  | 79 |
Net Sales | $ | 1,919 |  |  | $ | 1,592 |  |  | $ | 3,708 |  |  | $ | 2,989 |
EBITDA Defined by Segment to Consolidated Income Before Taxes | The following table reconciles EBITDA As Defined by segment to consolidated income from operations before income taxes (in millions):
| Thirteen Week Periods Ended |  | Twenty-Six Week Periods Ended
| March 30, 2024 |  | April 1, 2023 |  | March 30, 2024 |  | April 1, 2023
EBITDA As Defined |  |  |  |  |  |  |
Power & Control | $ | 519 |  |  | $ | 452 |  |  | $ | 1,028 |  |  | $ | 853 |
Airframe | 510 |  |  | 373 |  |  | 940 |  |  | 685 |
Non-aviation | 20 |  |  | 17 |  |  | 37 |  |  | 31 |
Total segment EBITDA As Defined | 1,049 |  |  | 842 |  |  | 2,005 |  |  | 1,569 |
Less: Unallocated corporate EBITDA As Defined | 28 |  |  | 25 |  |  | 72 |  |  | 53 |
Total Company EBITDA As Defined | 1,021 |  |  | 817 |  |  | 1,933 |  |  | 1,516 |
Depreciation and amortization expense | 74 |  |  | 65 |  |  | 143 |  |  | 129 |
Interest expense-net | 326 |  |  | 295 |  |  | 626 |  |  | 581 |
Acquisition and divestiture transaction-related expenses | 14 |  |  | 3 |  |  | 16 |  |  | 6 |
Non-cash stock and deferred compensation expense | 60 |  |  | 42 |  |  | 111 |  |  | 77 |
Refinancing costs | 28 |  |  | 5 |  |  | 28 |  |  | 9 |
Other, net | — |  |  | 10 |  |  | 1 |  |  | 17 |
Income from operations before income taxes | $ | 519 |  |  | $ | 397 |  |  | $ | 1,008 |  |  | $ | 697 |
Total Assets by Segment | The following table presents total assets by segment (in millions):
| March 30, 2024 |  | September 30, 2023
Total assets |  |  |
Power & Control | $ | 7,463 |  |  | $ | 7,315 |
Airframe | 9,214 |  |  | 8,972 |
Non-aviation | 230 |  |  | 234 |
Corporate | 4,670 |  |  | 3,449 |
| $ | 21,577 |  |  | $ | 19,970 |

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