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Leases | 12 Months Ended
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Sep. 30, 2022
Leases [Abstract] |
Leases | Leases The components of lease expense (reflected in selling, general and administrative expenses) for th e years ended September 30, 2022, October 1, 2021 and October 2, 2020 were as follows (in thousands):
|  |  |  | September 30, 2022 |  | October 1, 2021 |  | October 2, 2020
Lease cost |  |  |  |  |  |  |  |
Operating lease cost |  |  |  | $ | 151,134 |  |  | $ | 160,026 |  |  | $ | 169,967 |
Variable lease cost |  |  |  | 36,631 |  |  | 31,727 |  |  | 35,083 |
Sublease income |  |  |  | (15,207) |  |  | (12,359) |  |  | (14,719) |
Total lease cost |  |  |  | $ | 172,558 |  |  | $ | 179,394 |  |  | $ | 190,331 |
Supplemental information related to the Company's leases for the years ended September 30, 2022 and October 1, 2021 was as follows (in thousands):
|  | September 30, 2022 |  | October 1, 2021
Cash paid for amounts included in the measurements of lease liabilities |  | $ | 229,275 |  |  | $ | 209,594 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | 38,110 |  |  | $ | 165,770 |
Weighted average remaining lease term - operating leases |  | 6.3 years |  | 7 years
Weighted average discount rate - operating leases |  | 2.8% |  | 2.6%
Total remaining lease payments under the Company's leases for each of the succeeding years is as follows (in thousands):
Fiscal Year |  | Operating Leases
2023 |  | $ | 168,347 |
2024 |  | 149,492 |
2025 |  | 125,494 |
2026 |  | 106,247 |
2027 |  | 86,639 |
Thereafter |  | 196,628 |
|  | 832,847 |
Less Interest |  | (75,229) |
|  | $ | 757,618 |
Right-of-Use and Other Long-Lived Asset Impairment During fiscal 2022 and fiscal 2020, as a result of the Company's transformation initiatives, including the changing nature of the Company's use of office space for its workforce, the Company evaluated its existing real estate lease portfolio. These initiatives resulted in the abandonment of certain leased office spaces and the establishment of a formal plan to sublease certain other leased spaces that will no longer be utilized by the Company. In connection with the Company’s actions related to these initiatives, the Company evaluated certain of its lease right-of-use assets and related property, equipment and leasehold improvements for impairment under ASC 360. As a result of the analysis, the Company recognized impairment losses of $78.3 million and $162 million for the fiscal years ended September 30, 2022 and October 2, 2020, respectively, which are included in selling, general and administrative expenses in the accompanying statements of earnings. The impairment losses recorded include $60.7 million and $127.0 million related to right-of-use lease assets and $17.7 million and $35.0 million related to other long-lived assets, including property, equipment & improvements and leasehold improvements for the fiscal years ended September 30, 2022 and October 2, 2020, respectively.
Leases | Leases The components of lease expense (reflected in selling, general and administrative expenses) for th e years ended September 30, 2022, October 1, 2021 and October 2, 2020 were as follows (in thousands):
|  |  |  | September 30, 2022 |  | October 1, 2021 |  | October 2, 2020
Lease cost |  |  |  |  |  |  |  |
Operating lease cost |  |  |  | $ | 151,134 |  |  | $ | 160,026 |  |  | $ | 169,967 |
Variable lease cost |  |  |  | 36,631 |  |  | 31,727 |  |  | 35,083 |
Sublease income |  |  |  | (15,207) |  |  | (12,359) |  |  | (14,719) |
Total lease cost |  |  |  | $ | 172,558 |  |  | $ | 179,394 |  |  | $ | 190,331 |
Supplemental information related to the Company's leases for the years ended September 30, 2022 and October 1, 2021 was as follows (in thousands):
|  | September 30, 2022 |  | October 1, 2021
Cash paid for amounts included in the measurements of lease liabilities |  | $ | 229,275 |  |  | $ | 209,594 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | 38,110 |  |  | $ | 165,770 |
Weighted average remaining lease term - operating leases |  | 6.3 years |  | 7 years
Weighted average discount rate - operating leases |  | 2.8% |  | 2.6%
Total remaining lease payments under the Company's leases for each of the succeeding years is as follows (in thousands):
Fiscal Year |  | Operating Leases
2023 |  | $ | 168,347 |
2024 |  | 149,492 |
2025 |  | 125,494 |
2026 |  | 106,247 |
2027 |  | 86,639 |
Thereafter |  | 196,628 |
|  | 832,847 |
Less Interest |  | (75,229) |
|  | $ | 757,618 |
Right-of-Use and Other Long-Lived Asset Impairment During fiscal 2022 and fiscal 2020, as a result of the Company's transformation initiatives, including the changing nature of the Company's use of office space for its workforce, the Company evaluated its existing real estate lease portfolio. These initiatives resulted in the abandonment of certain leased office spaces and the establishment of a formal plan to sublease certain other leased spaces that will no longer be utilized by the Company. In connection with the Company’s actions related to these initiatives, the Company evaluated certain of its lease right-of-use assets and related property, equipment and leasehold improvements for impairment under ASC 360. As a result of the analysis, the Company recognized impairment losses of $78.3 million and $162 million for the fiscal years ended September 30, 2022 and October 2, 2020, respectively, which are included in selling, general and administrative expenses in the accompanying statements of earnings. The impairment losses recorded include $60.7 million and $127.0 million related to right-of-use lease assets and $17.7 million and $35.0 million related to other long-lived assets, including property, equipment & improvements and leasehold improvements for the fiscal years ended September 30, 2022 and October 2, 2020, respectively.

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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