XML 58 R28.htm IDEA: XBRL DOCUMENT
v3.19.3

Acquisitions and Divestitures (Tables) | 12 Months Ended
--- | ---
Sep. 27, 2019
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following tables summarize the fair values of the tangible and identifiable intangible assets acquired and liabilities assumed at the acquisition date (in thousands):
Current assets | $ | 237,807 |
Noncurrent assets | 963,078 |
Total assets | $ | 1,200,885 |
Current liabilities | $ | 137,867 |
Noncurrent liabilities | 67,590 |
Total liabilities | $ | 205,457 |
The following tables summarize the fair values of the tangible and identifiable intangible assets acquired and liabilities assumed at the acquisition date (in thousands):
Current assets | $ | 157,614 |
Noncurrent assets | 1,345,532 |
Total assets | $ | 1,503,146 |
Current liabilities | $ | 111,087 |
Noncurrent liabilities | 5,681 |
Total liabilities | $ | 116,768 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The following table identifies the Company’s allocations of purchase price to the intangible assets acquired by category:
|  | Estimated Fair Value (in millions) |  | Weighted-Average Estimated Useful Life (in years)
Customer relationship assets |  | $ | 297.0 |  |  | 15
Trade names |  |  | 24.0 |  |  | 3 | to indefinite
Total intangible assets |  | $ | 321.0 |  |  |
The following table identifies the Company’s allocations of purchase price to the intangible assets acquired by category:
|  | Estimated Fair Value (in millions) |  | Weighted-Average Estimated Useful Life (in years)
Customer relationship assets |  | $ | 567.0 |  |  | 15
Trade name |  |  | 222.0 |  |  | indefinite
Total intangible assets |  | $ | 789.0 |  |  |
Business Acquisition, Pro Forma Information | The following table reflects the unaudited pro forma combined results of operations for the fiscal years ended September 28, 2018 and September 29, 2017 for the Company, assuming the closing of both acquisitions occurred on October 1, 2016:
| Fiscal Year Ended
Unaudited (in thousands) |  | September 28, 2018 |  | September 29, 2017
Total revenue |  | $ | 16,014,463 |  |  | $ | 15,378,832 |
Net income |  |  | 624,334 |  |  |  | 328,932 |

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
Name: | us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration