v3.25.4
Restructuring and Related Charges Restructuring and Related Charges (Tables)
 3 Months Ended
Dec. 27, 2025
Dec. 28, 2024
Restructuring Cost and Reserve [Line Items]    
Schedule of Accrued Liabilities Related to Plant Closures
The following table reflects our liability related to plant closures as of December 27, 2025 (in millions):
Balance at September 27, 2025Plant Closure ChargesPaymentsBalance at December 27, 2025
Contract termination$72 $— $(3)$69 
Severance and retention— — — — 
Total$72 $— $(3)$69 
  
Restructuring and Related Costs Related to the Network Optimization Program Restructuring Plan
The following table reflects pretax (income) expense related to the network optimization plan in the first quarter of fiscal 2026 (in millions):
BeefPorkChickenPrepared FoodsInternationalCorporate ExpensesTotal
Cost of Sales:
Severance and related costs$16 $— $4 $9 $— $— $29 
Accelerated depreciation57 — — — — — 57 
Asset write-offs12 — — — — — 12 
Contract and lease terminations— — 3 4 — — 7 
Total Cost of Sales$85 $— $7 $13 $— $— $105 
Selling, General and Administrative:
Severance and related costs1 1 2 3 — 3 10 
Total Selling, General and Administrative$1 $1 $2 $3 $— $3 $10 
Non-Operating (Income)/Expense2 
Total$86 $1 $9 $16 $— $3 $117 
The following table reflects pretax expenses related to the network optimization plan in the first quarter of fiscal 2025 (in millions):
BeefPorkChickenPrepared FoodsInternationalCorporate ExpensesTotal
Cost of Sales:
Severance and related costs$5 $— $2 $2 $— $— $9 
Accelerated depreciation23 — — — — — 23 
Asset write-offs3 — 7 23 5 — 38 
Contract and lease terminations1 — — — — — 1 
Total Cost of Sales$32 $— $9 $25 $5 $— $71 
Selling, General and Administrative:
Severance and related costs— — 2 — — — 2 
Total Selling, General and Administrative$— $— $2 $— $— $— $2 
Total$32 $— $11 $25 $5 $— $73 
Schedule of Accrued Liabilities Related to Network Optimization Program Restructuring Plan
The following table reflects our liability related to the network optimization plan as of December 27, 2025 (in millions):
Balance at September 27, 2025ExpensesPaymentsBalance at December 27, 2025
Contract and lease terminations$31 $24 $— $55 
Severance and related costs3 39 (3)39 
Total$34 $63 $(3)$94