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SEGMENTS (Tables)
9 Months Ended
Jun. 29, 2024
Segment Reporting [Abstract]  
Net Sales by Reportable Segments
Thirteen Week Periods Ended Thirty-Nine Week Periods Ended
June 29, 2024July 1, 2023June 29, 2024July 1, 2023
Net sales to external customers
Power & Control
Commercial and non-aerospace OEM$229 $180 $608 $499 
Commercial and non-aerospace aftermarket317 270 903 787 
Defense477 411 1,310 1,116 
Total Power & Control1,023 861 2,821 2,402 
Airframe
Commercial and non-aerospace OEM323 254 901 682 
Commercial and non-aerospace aftermarket348 308 1,010 815 
Defense303 273 884 707 
Total Airframe974 835 2,795 2,204 
Total Non-aviation49 48 138 127 
Net Sales$2,046 $1,744 $5,754 $4,733 
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 Thirty-Nine Week Periods Ended
June 29, 2024July 1, 2023June 29, 2024July 1, 2023
EBITDA As Defined
Power & Control$587 $487 $1,615 $1,341 
Airframe503 417 1,443 1,101 
Non-aviation22 21 59 52 
Total segment EBITDA As Defined1,112 925 3,117 2,494 
Less: Unallocated corporate EBITDA As Defined21 10 94 62 
Total Company EBITDA As Defined1,091 915 3,023 2,432 
Depreciation and amortization expense77 70 219 199 
Interest expense-net316 291 943 872 
Acquisition transaction-related expenses and adjustments27 43 12 
Non-cash stock and deferred compensation expense47 53 158 131 
Refinancing costs30 32 59 41 
Other, net(8)(6)(9)11 
Income from operations before income taxes$602 $469 $1,610 $1,166 
Total Assets by Segment
The following table presents total assets by segment (in millions):
June 29, 2024September 30, 2023
Total assets
Power & Control$9,090 $7,315 
Airframe9,344 8,972 
Non-aviation233 234 
Corporate3,161 3,449 
$21,828 $19,970