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ACQUISITIONS (Tables) | 9 Months Ended
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Jun. 28, 2025
Business Combination [Abstract] |
Business Combination | The final allocation of the fair value of assets acquired and liabilities assumed in the acquisition of Raptor Scientific as of the July 31, 2024 acquisition date, as well as measurement period adjustments recorded within the permissible one year measurement period, is summarized in the table below (in millions):
|  | Preliminary |  | Measurement Period |  | Final |
|  | Allocation |  | Adjustments (2) |  | Allocation |
Assets acquired (excluding cash): |  |  |  |  |  |  |
Trade accounts receivable |  | $ | 9 |  |  | $ | — |  |  | $ | 9 |  |
Inventories |  | 22 |  |  | (1) |  |  | 21 |  |
Prepaid expenses and other |  | 4 |  |  | — |  |  | 4 |  |
Property, plant and equipment |  | 2 |  |  | — |  |  | 2 |  |
Goodwill |  | 426 |  |  | (61) |  |  | 365 |  | (1)
Other intangible assets |  | 197 |  |  | 67 |  |  | 264 |  | (1)
Other non-current assets |  | 5 |  |  | — |  |  | 5 |  |
Total assets acquired (excluding cash) |  | 665 |  |  | 5 |  |  | 670 |  |
Liabilities assumed: |  |  |  |  |  |  |
Accounts payable |  | 1 |  |  | — |  |  | 1 |  |
Accrued and other current liabilities |  | 13 |  |  | 3 |  |  | 16 |  |
Deferred income taxes |  | — |  |  | 3 |  |  | 3 |  |
Other non-current liabilities |  | 4 |  |  | — |  |  | 4 |  |
Total liabilities assumed |  | 18 |  |  | 6 |  |  | 24 |  |
Net assets acquired |  | $ | 647 |  |  | $ | (1) |  |  | $ | 646 |  |
(1)Of the approximately $365 million of goodwill recognized for the acquisition, approximately $350 million is deductible for tax purposes. Of the approximately $264 million of other intangible assets recognized for the acquisition, approximately $251 million is deductible for tax purposes. The goodwill and intangible assets are deductible over 15 years. (2)Measurement period adjustments primarily related to the adjustments in the fair values of the acquired other intangible assets from the third-party valuation. The offset to the measurement period adjustments was to goodwill. The final allocation of the fair value of assets acquired and liabilities assumed in the acquisition of CPI’s Electron Device Business as of the June 6, 2024 acquisition date, as well as measurement period adjustments recorded within the permissible one year measurement period, is summarized in the table below (in millions):
|  | Preliminary |  | Measurement Period |  | Final |
|  | Allocation |  | Adjustments (2) |  | Allocation |
Assets acquired (excluding cash): |  |  |  |  |  |  |
Trade accounts receivable |  | $ | 40 |  |  | $ | — |  |  | $ | 40 |  |
Inventories |  | 81 |  |  | (1) |  |  | 80 |  |
Prepaid expenses and other |  | 64 |  |  | (2) |  |  | 62 |  |
Property, plant and equipment |  | 137 |  |  | 31 |  |  | 168 |  |
Goodwill |  | 844 |  |  | (81) |  |  | 763 |  | (1)
Other intangible assets |  | 368 |  |  | 141 |  |  | 509 |  | (1)
Other non-current assets |  | 15 |  |  | (14) |  |  | 1 |  |
Total assets acquired (excluding cash) |  | 1,549 |  |  | 74 |  |  | 1,623 |  |
Liabilities assumed: |  |  |  |  |  |  |
Accounts payable |  | 18 |  |  | (1) |  |  | 17 |  |
Accrued and other current liabilities |  | 45 |  |  | 24 |  |  | 69 |  |
Deferred income taxes |  | 89 |  |  | 55 |  |  | 144 |  |
Other non-current liabilities |  | 12 |  |  | (5) |  |  | 7 |  |
Total liabilities assumed |  | 164 |  |  | 73 |  |  | 237 |  |
Net assets acquired |  | $ | 1,385 |  |  | $ | 1 |  |  | $ | 1,386 |  |
(1)None of the approximately $763 million of goodwill and $509 million of other intangible assets recognized for the acquisition is deductible for tax purposes. (2)Measurement period adjustments primarily related to the adjustments in the fair values of the acquired property, plant and equipment and other intangible assets from the third-party valuation and related impact on deferred income taxes. The offset to the measurement period adjustments was to goodwill. The final allocation of the fair value of assets acquired and liabilities assumed in the SEI acquisition as of the May 21, 2024 acquisition date, as well as measurement period adjustments recorded within the permissible one year measurement period, is summarized in the table below (in millions):
|  | Preliminary |  | Measurement Period |  | Final |
|  | Allocation |  | Adjustments (2) |  | Allocation |
Assets acquired (excluding cash): |  |  |  |  |  |  |
Trade accounts receivable |  | $ | 2 |  |  | $ | 2 |  |  | $ | 4 |  |
Inventories |  | 11 |  |  | (2) |  |  | 9 |  |
Property, plant and equipment |  | 1 |  |  | — |  |  | 1 |  |
Goodwill |  | 109 |  |  | (2) |  |  | 107 |  | (1)
Other intangible assets |  | 68 |  |  | 7 |  |  | 75 |  | (1)
Total assets acquired (excluding cash) |  | 191 |  |  | 5 |  |  | 196 |  |
Liabilities assumed: |  |  |  |  |  |  |
Accounts payable |  | 1 |  |  | 1 |  |  | 2 |  |
Accrued and other current liabilities |  | 1 |  |  | 1 |  |  | 2 |  |
Deferred income taxes |  | 19 |  |  | 2 |  |  | 21 |  |
Total liabilities assumed |  | 21 |  |  | 4 |  |  | 25 |  |
Net assets acquired |  | $ | 170 |  |  | $ | 1 |  |  | $ | 171 |  |
(1)None of the approximately $107 million of goodwill and $75 million of other intangible assets recognized for the acquisition is deductible for tax purposes. (2)Measurement period adjustments primarily related to the adjustments in the fair values of the acquired other intangible assets from the third-party valuation. The offset to the measurement period adjustments was to goodwill.

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