XML 34 R21.htm IDEA: XBRL DOCUMENT v3.25.2
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 9 Months Ended
Jun. 28, 2025
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The following table presents the total changes by component in accumulated other comprehensive income (loss), net of taxes, for the thirty-nine week periods ended June 28, 2025 and June 29, 2024 (in millions):
Unrealized losses on derivatives (1)
Pension and post-retirement benefit plans adjustment (2)
Foreign currency translation adjustment (3)
Total
Balance at September 30, 2024$19 $1 $(62)$(42)
Net current-period other comprehensive (loss) income (4)
(15)— 105 90 
Balance at June 28, 2025$4 $1 $43 $48 
Balance at September 30, 2023$143 $2 $(243)$(98)
Net current-period other comprehensive (loss) income (4)
(72)— 24 (48)
Balance at June 29, 2024$71 $2 $(219)$(146)
(1)Represents unrealized gains (losses) on derivatives designated and qualifying as cash flow hedges, net of tax (expense) benefit, of $4 million and $3 million for the thirteen week periods ended June 28, 2025 and June 29, 2024, respectively, and $5 million and $20 million for the thirty-nine week periods ended June 28, 2025 and June 29, 2024, respectively.
(2)There were no material pension liability adjustments, net of taxes, related to activity on the defined pension plan and postretirement benefit plan for the thirteen and thirty-nine week periods ended June 28, 2025 and June 29, 2024.
(3)Represents gains (losses) resulting from foreign currency translation of financial statements, including gains (losses) from certain intercompany transactions, into U.S. dollars at the rates of exchange in effect at the balance sheet dates.
(4)Presented net of reclassifications out of accumulated other comprehensive income (loss) into earnings, specifically net sales and interest expense-net, for realized (losses) gains on derivatives designated and qualifying as cash flow hedges of $(1) million (net of taxes of less than $(1) million) and $34 million (net of taxes of $11 million), respectively, for the thirty-nine week period ended June 28, 2025 and $(2) million (net of taxes of $(1) million) and $84 million (net of taxes of $26 million), respectively, for the thirty-nine week period ended June 29, 2024.