XML 65 R35.htm IDEA: XBRL DOCUMENT v3.24.1.u1

LEASES (Tables)

6 Months Ended

Mar. 30, 2024

Leases [Abstract]

Lease, Cost

The components of lease expense are as follows (in millions):

									Thirteen Week Periods Ended												Twenty-Six Week Periods Ended
			Classification						March 30, 2024						April 1, 2023						March 30, 2024						April 1, 2023
Operating lease cost			Cost of sales or selling and administrative expenses						$	5					$	5					$	10					$	10
Finance lease cost:
Amortization of leased assets			Cost of sales						3						2						6						5
Interest on lease liabilities			Interest expense-net						4						3						7						6
Total lease cost									$	12					$	10					$	23					$	21

Schedule of Cash Flow, Supplemental Disclosures

Supplemental cash flow information related to leases is as follows (in millions):

						Twenty-Six Week Periods Ended
						March 30, 2024						April 1, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases						$	10					$	10
Operating cash outflows from finance leases						6						5
Financing cash outflows from finance leases						3						2
Lease assets obtained in exchange for new lease obligations:
Operating leases						$	2					$	5
Financing leases						65						48

Leases, Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases is as follows (in millions):

			Classification						March 30, 2024						September 30, 2023
Operating Leases
Operating lease right-of-use assets			Other non-current assets						$	56					$	64
Current operating lease liabilities			Accrued and other current liabilities						15						16
Long-term operating lease liabilities			Other non-current liabilities						44						51
Total operating lease liabilities									$	59					$	67
Finance Leases
Finance lease right-of-use assets, net			Property, plant and equipment-net						$	241					$	176
Current finance lease liabilities			Current portion of long-term debt						5						5
Long-term finance lease liabilities			Long-term debt						254						188
Total finance lease liabilities									$	259					$	193

As of March 30, 2024, the Company has the following remaining lease term and weighted average discount rates:

Weighted-average remaining lease term
Operating leases			5.4 years
Finance leases			21.4 years
Weighted-average discount rate
Operating leases			6.0%
Finance leases			7.0%

Lessee, Operating Lease, Liability, Maturity

Maturities of lease liabilities at March 30, 2024 are as follows (in millions):

			Operating Leases						Finance Leases
2024			$	9					$	9
2025			18						20
2026			13						20
2027			10						22
2028			6						22
Thereafter			14						451
Total future minimum lease payments			70						544
Less: imputed interest			11						285
Present value of lease liabilities reported			$	59					$	259

Finance Lease, Liability, Maturity

Maturities of lease liabilities at March 30, 2024 are as follows (in millions):

			Operating Leases						Finance Leases
2024			$	9					$	9
2025			18						20
2026			13						20
2027			10						22
2028			6						22
Thereafter			14						451
Total future minimum lease payments			70						544
Less: imputed interest			11						285
Present value of lease liabilities reported			$	59					$	259

X

- Definition

Leases, Supplemental Balance Sheet Information [Table Text Block]

+ References

No definition available.

+ Details

Name:	tdg_LeasesSupplementalBalanceSheetInformationTableTextBlock
Namespace Prefix:	tdg_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of supplemental cash flow information for the periods presented.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration