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Business Segments
 9 Months Ended
Jul. 02, 2021
Segment Reporting [Abstract]  
Business Segments BUSINESS SEGMENTS:
The Company reported its operating results in three reportable segments: FSS United States, FSS International and Uniform. Corporate includes general expenses not specifically allocated to an individual segment and share-based compensation expense (see Note 10). In the Company's food and support services segments, approximately 73% of the global revenue is related to food services and 27% is related to facilities services. During the nine months ended July 2, 2021 and June 26, 2020, the Company received proceeds of approximately $10.0 million and $15.3 million, respectively, relating to the recovery of the Company's investment (possessory interest) at one of the National Park Service sites within the FSS United States segment. The Company recorded a gain related to the recovery of its investment, which is included in "Cost of services provided (exclusive of depreciation and amortization)" on the Condensed Consolidated Statements of Income (Loss). During the second quarter of fiscal 2020, the Company recognized a $198.6 million impairment charge related to one reporting unit in its FSS International segment. Revenue and operating income (loss) were favorable during the three month period ended July 2, 2021 compared to the three month period ended June 26, 2020 as lockdowns were lifted and operations began to re-open. COVID-19 had a more significant negative impact on revenue and operating income (loss) for the nine month period ended July 2, 2021 than the nine month period ended June 26, 2020, as the pandemic did not materially affect operations until late in the second quarter of fiscal 2020. During the three and nine months ended July 2, 2021, the Company identified an observable price change related to an equity investment without a readily determinable fair value and recognized a $137.9 million non-cash gain on the Condensed Consolidated Statements of Income (Loss). During the third quarter of fiscal 2021, the Company terminated certain Canadian defined benefit pension plans and recognized a $60.9 million non-cash loss on the Condensed Consolidated Statements of Income (Loss).
Financial information by segment follows (in millions):
Revenue
Three Months Ended
July 2, 2021June 26, 2020
FSS United States$1,649.6 $1,067.6 
FSS International728.5 517.1 
Uniform603.1 567.5 
$2,981.2 $2,152.2 
Operating Income (Loss)
Three Months Ended
July 2, 2021June 26, 2020
FSS United States$44.0 $(193.8)
FSS International21.0 (138.3)
Uniform35.0 21.9 
100.0 (310.2)
Corporate(25.8)(17.4)
Operating Income (Loss)74.2 (327.6)
Gain on Equity Investment(137.9)— 
Loss on Defined Benefit Pension Plan Termination60.9 — 
Interest and Other Financing Costs, net111.6 94.2 
Income (Loss) Before Income Taxes$39.6 $(421.8)
Revenue
Nine Months Ended
July 2, 2021June 26, 2020
FSS United States$4,646.4 $5,937.7 
FSS International2,100.7 2,316.8 
Uniform1,797.6 1,882.9 
$8,544.7 $10,137.4 
Operating Income (Loss)
Nine Months Ended
July 2, 2021June 26, 2020
FSS United States$30.1 $57.9 
FSS International30.3 (285.8)
Uniform88.8 122.0 
149.2 (105.9)
Corporate(90.1)(65.1)
Operating Income (Loss)59.1 (171.0)
Gain on Equity Investment(137.9)— 
Loss on Defined Benefit Pension Plan Termination60.9 — 
Interest and Other Financing Costs, net308.3 273.6 
Loss Before Income Taxes$(172.2)$(444.6)