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Income Taxes (Tables)
12 Months Ended
Sep. 27, 2025
Income Tax Disclosure [Abstract]  
Schedule of Provision For Income Taxes From Continuing Operations
Detail of the provision for income taxes from continuing operations consisted of the following for fiscal years 2025, 2024 and 2023 (in millions):
202520242023
Federal$124 $188 $(39)
State54 34 (38)
Foreign84 48 48 
 $262 $270 $(29)
Current$338 $315 $154 
Deferred(76)(45)(183)
 $262 $270 $(29)
Schedule of Reasons For Differences Between Statutory Federal Tax Rate And Effective Income Tax Rate
The reasons for the difference between the statutory federal income tax rate and our effective income tax rate from continuing operations are as follows for fiscal years 2025, 2024 and 2023:
202520242023
Federal income tax rate21.0 %21.0 %21.0 %
State income taxes4.7 3.4 (0.7)
Unrecognized tax benefits, net1.2 0.7 1.8 
Deferred income tax remeasurement— (0.9)3.8 
General business credits(2.1)(1.9)3.4 
Company-owned life insurance(1.3)(1.7)1.3 
Officer compensation expense1.9 1.1 (0.6)
Foreign rate differences and valuation allowances(1.8)0.3 (1.2)
Goodwill9.4 1.2 (24.2)
Other1.1 1.6 (0.3)
34.1 %24.8 %4.3 %
Schedule of Tax Effects of Major Items Recorded As Deferred Tax Assets And Liabilities
The tax effects of major items recorded as deferred tax assets and liabilities as of September 27, 2025 and September 28, 2024, are as follows (in millions):
20252024
AssetsLiabilitiesAssetsLiabilities
Property, plant and equipment$— $1,112 $— $1,128 
Intangible assets— 1,433 — 1,460 
ROU assets— 257 — 206 
Accrued expenses504 — 412 — 
Lease liabilities251 — 191 — 
Net operating loss and credit carryforwards159 — 198 — 
Other210 327 260 332 
$1,124 $3,129 $1,061 $3,126 
Valuation allowance$(173)$(193)
Net deferred tax liability$2,178 $2,258 
Change in Unrecognized Tax Benefit, Reasonably Possible [Table]
The following table summarizes the activity related to our gross unrecognized tax benefits as of September 27, 2025, September 28, 2024 and September 30, 2023 (in millions):
202520242023
Balance as of the beginning of the year$151 $131 $152 
Increases related to current year tax positions19 22 
Increases related to prior year tax positions12 
Reductions related to prior year tax positions(4)(2)(12)
Reductions related to settlements(1)— — 
Reductions related to expirations of statutes of limitations(6)(12)(17)
Balance as of the end of the year$168 $151 $131