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INVENTORIES

9 Months Ended

Jun. 29, 2024

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

Inventories are stated at the lower of cost or net realizable value. Cost of inventories is generally determined by the average cost and the first–in, first–out (“FIFO”) methods and includes material, labor and overhead related to the manufacturing process.

Inventories consist of the following (in millions):

			June 29, 2024						September 30, 2023
Raw materials and purchased component parts			$	1,313					$	1,144
Work-in-progress			508						455
Finished goods			285						226
Total			2,106						1,825
Reserves for excess and obsolete inventory			(228)						(209)
Inventories—Net			$	1,878					$	1,616

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- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/330/tableOfContent

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