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Pension and Other Postretirement Benefit Plans (Tables)
12 Months Ended
Sep. 30, 2023
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 as of September 30, 2023 and October 1, 2022 (in millions):
Pension BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
202320222023202220232022
Change in benefit obligation
Benefit obligation at beginning of year$17 $28 $166 $220 $55 $65 
Service cost— — — — 
Interest cost
Actuarial (gain)/loss(11)(3)(47)(5)(8)
Benefits paid(1)(1)(13)(13)(3)(4)
Benefit obligation at end of year18 17 158 166 50 55 
Change in plan assets
Fair value of plan assets at beginning of year24 33 — — — — 
Actual return on plan assets(9)— — — — 
Employer contributions— 13 13 
Benefits paid(1)(1)(13)(13)(3)(4)
Fair value of plan assets at end of year27 24 — — — — 
Funded status$$$(158)$(166)$(50)$(55)
Schedule Of Amounts Recognized In The Consolidated Balance Sheets Amounts recognized in the Consolidated Balance Sheets as of September 30, 2023 and October 1, 2022 consist of (in millions):
Pension BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
202320222023202220232022
Other assets$$$— $— $— $— 
Other current liabilities— — (13)(13)(2)(3)
Other liabilities— — (145)(153)(48)(52)
Total assets (liabilities)$$$(158)$(166)$(50)$(55)
Schedule Of Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Plans with accumulated benefit obligations in excess of plan assets are as follows (in millions):
Pension Benefits
QualifiedNon-Qualified
2023202220232022
Projected benefit obligation$— $— $158 $166 
Accumulated benefit obligation— — 158 166 
Fair value of plan assets— — — — 
Schedule Of Components Of Net Periodic Benefit Cost For Pension And Postretirement Benefit Plans Recognized In The Consolidated Statements Of Income Components of net periodic benefit cost (credit) for pension and postretirement benefit plans recognized in the Consolidated Statements of Income are as follows for fiscal years ended 2023, 2022 and 2021 (in millions):
Pension BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
202320222021202320222021202320222021
Service cost$— $— $— $— $— $— $$$
Interest cost— 
Expected return on plan assets(1)(1)— — — — — — — 
Amortization of prior service cost
— — — (2)
Recognized actuarial loss (gain), net— — — (3)(5)(8)— 
Recognized settlement gain— — — — — — — — (34)
Net periodic benefit cost (credit)$— $— $— $$10 $11 $$(2)$(33)
Schedule Of Weighted Average Assumptions Weighted average assumptions are as follows for fiscal years ended 2023, 2022 and 2021:
Pension BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
202320222021202320222021202320222021
Discount rate to determine net periodic benefit cost5.20 %2.00 %1.70 %5.42 %2.83 %2.63 %4.59 %2.07 %1.95 %
Discount rate to determine benefit obligations5.70 %5.20 %2.00 %5.79 %5.42 %2.83 %4.92 %4.59 %2.07 %
Rate of compensation increasen/an/an/an/an/an/an/an/an/a
Expected return on plan assets5.20 %2.00 %1.70 %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
2024$$14 $
202514 
2026— 14 
2027— 13 
2028— 13 
2029-203362 
The above benefit payments for other postretirement benefit plans are not expected to be offset by Medicare Part D subsidies in fiscal 2024.
Schedule of Multiemployer Plans In addition to regular contributions, we could be obligated to pay additional contributions (known as complete or partial withdrawal liabilities) if it has unfunded vested benefits.
PPA Zone StatusFIP/RP StatusContributions
(in millions)
Surcharge Imposed
Pension Fund Plan NameEIN/Pension Plan Number20232022Implemented2023202220212023Expiration Date of Collective Bargaining Agreement
Bakery and Confectionery Union and Industry International Pension Fund52-6118572/001RedRedNov 2012$2$2$15%2024-08-02
Schedule of Net Periodic Benefit Cost Not yet Recognized Pre-tax amounts recognized in Accumulated Other Comprehensive Income as of September 30, 2023 and October 1, 2022 consist of (in millions):
Pension BenefitsOther Postretirement
QualifiedNon-QualifiedBenefits
202320222023202220232022
Accumulated other comprehensive (income)/loss:
   Actuarial (gain) loss$$$(15)$(15)$$13 
   Prior service (credit) cost— — (5)(5)
Total accumulated other comprehensive (income)/loss:$$$(14)$(13)$$