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Pensions And Other Postretirement Benefits (Tables) | 12 Months Ended
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Oct. 02, 2021
Retirement Benefits, Description [Abstract] |
Schedule Of Reconciliation Of Changes In Plans' Benefit Obligations, Assets And Funded Status | The following table provides a reconciliation of the changes in the plans’ benefit obligations, assets and funded status at October 2, 2021, and October 3, 2020 (in millions):
|  |  |  |  |  |  |  |  | in millions
| Pension Benefits |  | Other Postretirement
| Qualified |  | Non-Qualified |  | Benefits
| 2021 |  | 2020 |  | 2021 |  | 2020 |  | 2021 |  | 2020
Change in benefit obligation |  |  |  |  |  |  |  |  |  |  |
Benefit obligation at beginning of year | $ | 31 |  |  | $ | 1,478 |  |  | $ | 238 |  |  | $ | 239 |  |  | $ | 74 |  |  | $ | 77 |
Service cost | — |  |  | — |  |  | — |  |  | — |  |  | 2 |  |  | 2 |
Interest cost | — |  |  | 14 |  |  | 6 |  |  | 8 |  |  | 1 |  |  | 1 |
Plan amendments | — |  |  | — |  |  | — |  |  | — |  |  | (8) |  |  | (6) |
Actuarial (gain)/loss | — |  |  | — |  |  | (4) |  |  | 5 |  |  | (1) |  |  | 4 |
Benefits paid | (1) |  |  | (38) |  |  | (12) |  |  | (14) |  |  | (3) |  |  | (4) |
Benefits Paid Due to Settlement | — |  |  | — |  |  | (2) |  |  | — |  |  | — |  |  | — |
Plan Terminations | (2) |  |  | (1,423) |  |  | (6) |  |  | — |  |  | — |  |  | — |
Benefit obligation at end of year | 28 |  |  | 31 |  |  | 220 |  |  | 238 |  |  | 65 |  |  | 74 |
Change in plan assets |  |  |  |  |  |  |  |  |  |  |
Fair value of plan assets at beginning of year | 35 |  |  | 1,477 |  |  | — |  |  | — |  |  | — |  |  | — |
Actual return on plan assets | 1 |  |  | (14) |  |  | — |  |  | — |  |  | — |  |  | — |
Employer contributions | 1 |  |  | 7 |  |  | 14 |  |  | 12 |  |  | 3 |  |  | 4 |
Benefits paid | (1) |  |  | (38) |  |  | (12) |  |  | (12) |  |  | (3) |  |  | (4) |
Benefits Paid Due to Settlement | — |  |  | — |  |  | (2) |  |  | — |  |  | — |  |  | — |
Plan Terminations | (3) |  |  | (1,397) |  |  | — |  |  | — |  |  | — |  |  | — |
Fair value of plan assets at end of year | 33 |  |  | 35 |  |  | — |  |  | — |  |  | — |  |  | — |
Funded status | $ | 5 |  |  | $ | 4 |  |  | $ | (220) |  |  | $ | (238) |  |  | $ | (65) |  |  | $ | (74) |
Schedule Of Amounts Recognized In The Consolidated Balance Sheets | Amounts recognized in the Consolidated Balance Sheets consist of (in millions):
| Pension Benefits |  | Other Postretirement
| Qualified |  | Non-Qualified |  | Benefits
| 2021 |  | 2020 |  | 2021 |  | 2020 |  | 2021 |  | 2020
Other assets | $ | 5 |  |  | $ | 4 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other current liabilities | — |  |  | — |  |  | (13) |  |  | (12) |  |  | (3) |  |  | (3) |
Other liabilities | — |  |  | — |  |  | (207) |  |  | (226) |  |  | (62) |  |  | (71) |
Total assets (liabilities) | $ | 5 |  |  | $ | 4 |  |  | $ | (220) |  |  | $ | (238) |  |  | $ | (65) |  |  | $ | (74) |
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block] | Amounts recognized in Accumulated Other Comprehensive Income consist of (in millions):
| Pension Benefits |  | Other Postretirement
| Qualified |  | Non-Qualified |  | Benefits
| 2021 |  | 2020 |  | 2021 |  | 2020 |  | 2021 |  | 2020
Accumulated other comprehensive (income)/loss: |  |  |  |  |  |  |  |  |  |  |
Actuarial (gain) loss | $ | 4 |  |  | $ | 4 |  |  | $ | 36 |  |  | $ | 45 |  |  | $ | 18 |  |  | $ | 24 |
Prior service (credit) cost | — |  |  | — |  |  | 2 |  |  | 3 |  |  | (5) |  |  | (37) |
Total accumulated other comprehensive (income)/loss: | $ | 4 |  |  | $ | 4 |  |  | $ | 38 |  |  | $ | 48 |  |  | $ | 13 |  |  | $ | (13) |
Schedule Of Plans With Accumulated Benefit Obligations In Excess Of Plan Assets | Plans with accumulated benefit obligations in excess of plan assets are as follows (in millions):
| Pension Benefits
| Qualified |  | Non-Qualified
| 2021 |  | 2020 |  | 2021 |  | 2020
Projected benefit obligation | $ | — |  |  | $ | — |  |  | $ | 220 |  |  | $ | 238 |
Accumulated benefit obligation | — |  |  | — |  |  | 220 |  |  | 238 |
Fair value of plan assets | — |  |  | — |  |  | — |  |  | — |
Schedule Of Components Of Net Periodic Benefit Cost For Pension And Postretirement Benefit Plans Recognized In The Consolidated Statements Of Income | Components of net periodic benefit cost (credit) for pension and postretirement benefit plans recognized in the Consolidated Statements of Income are as follows (in millions):
| Pension Benefits |  | Other Postretirement
| Qualified |  | Non-Qualified |  | Benefits
| 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019
Service cost | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |  |  | $ | 2 |  |  | $ | 2 |  |  | $ | 2 |
Interest cost | — |  |  | 14 |  |  | 56 |  |  | 6 |  |  | 8 |  |  | 9 |  |  | 1 |  |  | 1 |  |  | 1 |
Expected return on plan assets | — |  |  | (17) |  |  | (57) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Amortization of prior service cost | — |  |  | — |  |  | — |  |  | 1 |  |  | 1 |  |  | 1 |  |  | (2) |  |  | (6) |  |  | (2) |
Recognized actuarial loss (gain), net | — |  |  | — |  |  | (1) |  |  | 4 |  |  | 3 |  |  | 2 |  |  | — |  |  | 4 |  |  | 5 |
Recognized settlement loss (gain) | — |  |  | (112) |  |  | 19 |  |  | — |  |  | — |  |  | — |  |  | (34) |  |  | — |  |  | — |
Net periodic benefit cost (credit) | $ | — |  |  | $ | (115) |  |  | $ | 17 |  |  | $ | 11 |  |  | $ | 12 |  |  | $ | 13 |  |  | $ | (33) |  |  | $ | 1 |  |  | $ | 6 |
Schedule Of Weighted Average Assumptions | Weighted average assumptions are as follows:
| Pension Benefits |  | Other Postretirement
| Qualified |  | Non-Qualified |  | Benefits
| 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019
Discount rate to determine net periodic benefit cost | 1.70 | % |  | 3.23 | % |  | 4.26 | % |  | 2.63 | % |  | 3.19 | % |  | 4.31 | % |  | 1.95 | % |  | 2.68 | % |  | 3.99 | %
Discount rate to determine benefit obligations | 2.00 | % |  | 1.70 | % |  | 3.23 | % |  | 2.83 | % |  | 2.63 | % |  | 3.16 | % |  | 2.07 | % |  | 1.95 | % |  | 2.68 | %
Rate of compensation increase | n/a |  | n/a |  | n/a |  | n/a |  | n/a |  | n/a |  | n/a |  | n/a |  | n/a
Expected return on plan assets | 1.70 | % |  | 3.50 | % |  | 3.50 | % |  | n/a |  | n/a |  | n/a |  | n/a |  | n/a |  | n/a
Schedule Of Estimated Future Benefit Payments Expected To Be Paid | The following benefit payments are expected to be paid (in millions):
| Pension Benefits |  | Other Postretirement
| Qualified |  | Non-Qualified |  | Benefits
2022 | $ | 1 |  |  | $ | 13 |  |  | $ | 3 |
2023 | 2 |  |  | 13 |  |  | 3 |
2024 | 1 |  |  | 13 |  |  | 3 |
2025 | — |  |  | 13 |  |  | 2 |
2026 | — |  |  | 13 |  |  | 3 |
2027-2031 | 4 |  |  | 62 |  |  | 7 |
The above benefit payments for other postretirement benefit plans are not expected to be offset by Medicare Part D subsidies in fiscal 2022.
Schedule of Multiemployer Plans | In addition to regular contributions, we could be obligated to pay additional contributions (known as complete or partial withdrawal liabilities) if it has unfunded vested benefits.
|  |  | PPA Zone Status |  | FIP/RP Status |  | Contributions (in millions) |  | Surcharge Imposed |  |
Pension Fund Plan Name | EIN/Pension Plan Number |  | 2021 |  | 2020 |  | Implemented | 2021 | 2020 | 2019 |  | 2021 |  | Expiration Date of Collective Bargaining Agreement
Bakery and Confectionery Union and Industry International Pension Fund | 52-6118572/001 |  | Red |  | Red |  | Nov 2012 |  | $1 | $1 | $1 |  | 10% |  | 2024-08-02

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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e2439-114920 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e2410-114920 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e2417-114920 + Details
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