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Pensions And Other Postretirement Benefits (Tables)
12 Months Ended
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 BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
202120202021202020212020
Change in benefit obligation
Benefit obligation at beginning of year$31 $1,478 $238 $239 $74 $77 
Service cost— — — — 
Interest cost— 14 
Plan amendments— — — — (8)(6)
Actuarial (gain)/loss— — (4)(1)
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 year28 31 220 238 65 74 
Change in plan assets
Fair value of plan assets at beginning of year35 1,477 — — — — 
Actual return on plan assets(14)— — — — 
Employer contributions14 12 
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 year33 35 — — — — 
Funded status$$$(220)$(238)$(65)$(74)
Schedule Of Amounts Recognized In The Consolidated Balance Sheets Amounts recognized in the Consolidated Balance Sheets consist of (in millions):
Pension BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
202120202021202020212020
Other assets$$$— $— $— $— 
Other current liabilities— — (13)(12)(3)(3)
Other liabilities— — (207)(226)(62)(71)
Total assets (liabilities)$$$(220)$(238)$(65)$(74)
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block] Amounts recognized in Accumulated Other Comprehensive Income consist of (in millions):
Pension BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
202120202021202020212020
Accumulated other comprehensive (income)/loss:
   Actuarial (gain) loss$$$36 $45 $18 $24 
   Prior service (credit) cost— — (5)(37)
Total accumulated other comprehensive (income)/loss:$$$38 $48 $13 $(13)
Schedule Of Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Plans with accumulated benefit obligations in excess of plan assets are as follows (in millions):
Pension Benefits
QualifiedNon-Qualified
2021202020212020
Projected benefit obligation$— $— $220 $238 
Accumulated benefit obligation— — 220 238 
Fair value of plan assets— — — — 
Schedule Of Components Of Net Periodic Benefit Cost For Pension And Postretirement Benefit Plans Recognized In The Consolidated Statements Of Income Components of net periodic benefit cost (credit) for pension and postretirement benefit plans recognized in the Consolidated Statements of Income are as follows (in millions):
Pension BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
202120202019202120202019202120202019
Service cost$— $— $— $— $— $$$$
Interest cost— 14 56 
Expected return on plan assets— (17)(57)— — — — — — 
Amortization of prior service cost
— — — (2)(6)(2)
Recognized actuarial loss (gain), net— — (1)— 
Recognized settlement loss (gain) — (112)19 — — — (34)— — 
Net periodic benefit cost (credit)$— $(115)$17 $11 $12 $13 $(33)$$
Schedule Of Weighted Average Assumptions Weighted average assumptions are as follows:
Pension BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
202120202019202120202019202120202019
Discount rate to determine net periodic benefit cost1.70 %3.23 %4.26 %2.63 %3.19 %4.31 %1.95 %2.68 %3.99 %
Discount rate to determine benefit obligations2.00 %1.70 %3.23 %2.83 %2.63 %3.16 %2.07 %1.95 %2.68 %
Rate of compensation increasen/an/an/an/an/an/an/an/an/a
Expected return on plan assets1.70 %3.50 %3.50 %n/an/an/an/an/an/a
Schedule Of Estimated Future Benefit Payments Expected To Be Paid
The following benefit payments are expected to be paid (in millions):
Pension BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
2022$$13 $
202313 
202413 
2025— 13 
2026— 13 
2027-203162 
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 StatusFIP/RP StatusContributions
(in millions)
Surcharge Imposed
Pension Fund Plan NameEIN/Pension Plan Number20212020Implemented2021202020192021Expiration Date of Collective Bargaining Agreement
Bakery and Confectionery Union and Industry International Pension Fund52-6118572/001RedRedNov 2012$1$1$110%2024-08-02