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Business Segments
 12 Months Ended
Sep. 29, 2023
Segment Reporting [Abstract]  
Business Segments BUSINESS SEGMENTS:
The Company reports 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 12). In the Company's Food and Support Services segments, approximately 74% of the global revenue is related to food services and 26% is related to facilities services. COVID-19 had a negative impact on revenue, operating income, capital expenditures and other identifiable assets for all segments in fiscal 2021 (see Note 1). During fiscal years 2023, 2022 and 2021, the Company recorded a gain of $36.3 million, $19.0 million and $10.0 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, which is included in “Cost of services provided (exclusive of depreciation and amortization)” on the Consolidated Statements of Income (Loss). During fiscal 2023, the Company sold its 50% ownership interest in AIM Services Co., Ltd. and ownership interests in other equity investments recognizing a $427.8 million net pre-tax gain on the Consolidated Statements of Income (Loss) (see Note 1). During fiscal 2021, the Company identified an observable price change related to its equity investment without a readily determinable fair value related to the San Antonio Spurs NBA franchise and recognized a $137.9 million non-cash gain on the Consolidated Statements of Income (Loss) (see Note 1). The Company terminated certain Canadian defined benefit pension plans and recognized a $60.9 million non-cash loss on the Consolidated Statements of Income (Loss) during fiscal 2021 (see Note 9). Financial information by segment is as follows (in millions):
Fiscal Year Ended
RevenueSeptember 29, 2023September 30, 2022October 1, 2021
FSS United States$11,721.4 $10,030.8 $6,809.3 
FSS International4,361.8 3,656.4 2,866.2 
Uniform2,770.7 2,639.4 2,420.5 
$18,853.9 $16,326.6 $12,096.0 
Fiscal Year Ended
Operating IncomeSeptember 29, 2023September 30, 2022October 1, 2021
FSS United States$669.5 $449.0 $131.8 
FSS International114.5 112.5 58.2 
Uniform227.3 218.1 120.8 
Total Segment Operating Income1,011.3 779.6 310.8 
Corporate(148.4)(151.2)(119.4)
Total Operating Income$862.9 $628.4 $191.4 
Fiscal Year Ended
Reconciliation to Income (Loss) Before Income TaxesSeptember 29, 2023September 30, 2022October 1, 2021
Total Operating Income$862.9 $628.4 $191.4 
Gain on Equity Investments, net(427.8)— (137.9)
Loss on Defined Benefit Pension Plan Termination— — 60.9 
Interest and Other Financing Costs, net439.6 372.8 401.3 
Income (Loss) Before Income Taxes$851.1 $255.6 $(132.9)
Fiscal Year Ended
Depreciation and AmortizationSeptember 29, 2023September 30, 2022October 1, 2021
FSS United States$342.4 $330.9 $347.4 
FSS International67.3 66.8 69.4 
Uniform136.5 134.3 133.3 
Corporate0.2 0.3 0.6 
$546.4 $532.3 $550.7 
Fiscal Year Ended
Capital Expenditures and Other*September 29, 2023September 30, 2022October 1, 2021
FSS United States$299.3 $283.3 $261.8 
FSS International85.3 76.0 59.3 
Uniform77.9 76.7 90.3 
Corporate0.4 — 0.2 
$462.9 $436.0 $411.6 
* Includes amounts acquired in business combinations
Identifiable AssetsSeptember 29, 2023September 30, 2022
FSS United States$9,535.2 $9,639.7 
FSS International2,250.8 1,989.1 
Uniform3,242.1 3,227.4 
Corporate(1)
1,843.1 226.2 
$16,871.2 $15,082.4 
(1)
In anticipation of the separation and distribution of Vestis, the Uniform legal entity executed a cash dividend to Aramark Corporate of approximately $1.5 billion, resulting in an increase of identifiable assets within Corporate.
The following geographic data include revenue generated by subsidiaries within that geographic area and net property and equipment based on physical location (in millions):
Fiscal Year Ended
RevenueSeptember 29, 2023September 30, 2022October 1, 2021
United States$14,050.3 $12,277.0 $8,947.8 
Foreign4,803.6 4,049.6 3,148.2 
$18,853.9 $16,326.6 $12,096.0 
Property and Equipment, netSeptember 29, 2023September 30, 2022
United States$1,798.7 $1,777.7 
Foreign291.8 254.3 
$2,090.5 $2,032.0