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Leases (Notes)
12 Months Ended
Oct. 01, 2022
Leases [Abstract]  
Lessee, Operating Leases LEASES
We lease certain equipment, buildings and land related to transportation, distribution, storage, production, livestock grower assets and office activities. These lease arrangements can be structured as a standard lease agreement or embedded in a service or supply agreement and are primarily classified as operating leases. For further description of our lease accounting policy, refer to Note 1: Business and Summary of Significant Accounting Policies. Operating lease ROU assets and liabilities presented in our Consolidated Balance Sheets were as follows (in millions):
October 1, 2022October 2, 2021
Other Assets$507 $531 
Other current liabilities145 155 
Other Liabilities350 368 
The components of lease costs were as follows (in millions):
Twelve Months Ended
October 1, 2022October 2, 2021
Operating lease cost (a)
$175 $183 
Variable lease cost (b)
508 473 
Short-term lease cost30 33 
Total$713 $689 
(a) Sublease income is immaterial and not deducted from operating lease cost.
(b) Variable lease costs are determined based on volume of output received, flocks placed or other performance metrics.
Other operating lease information includes the following:
Twelve Months Ended
October 1, 2022October 2, 2021
Operating cash outflows from operating leases (in millions)$194 $204 
ROU assets obtained in exchange for new operating lease liabilities (in millions)$159 $197 
Weighted-average remaining lease term5 years5 years
Weighted-average discount rate%%
At October 1, 2022, future maturities of operating leases were as follows (in millions):
Operating Lease Commitments
2023$154 
2024121 
202592 
202666 
202741 
2028 and beyond53 
Total undiscounted operating lease payments$527 
Less: Imputed interest32 
Present value of total operating lease liabilities$495 
At October 1, 2022, our leases that had not yet commenced were not significant.