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v3.25.3

Business Segments (Tables) | 12 Months Ended
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Oct. 03, 2025
Segment Reporting [Abstract] |
Schedule of Assets by Segment |
| FSS United States |  | FSS International |  | Corporate |  | Total
Fiscal Year Ended October 3, 2025 |  |  |  |  |  |  |
Capital Expenditures and Other(1) | $ | 389.5 |  |  | $ | 109.8 |  |  | $ | — |  |  | $ | 499.3 |
Depreciation and Amortization | 380.6 |  |  | 94.9 |  |  | 0.8 |  |  | 476.3 |
Identifiable Assets | 10,181.8 |  |  | 3,030.5 |  |  | 92.3 |  |  | 13,304.6 |
Fiscal Year Ended September 27, 2024 |  |  |  |  |  |  |
Capital Expenditures and Other(1) | $ | 359.4 |  |  | $ | 95.2 |  |  | $ | — |  |  | $ | 454.6 |
Depreciation and Amortization | 360.9 |  |  | 74.6 |  |  | — |  |  | 435.5 |
Identifiable Assets | 9,903.2 |  |  | 2,586.4 |  |  | 184.8 |  |  | 12,674.4 |
Fiscal Year Ended September 29, 2023 |  |  |  |  |  |  |
Capital Expenditures and Other(1) | $ | 299.3 |  |  | $ | 85.3 |  |  | $ | 0.4 |  |  | $ | 385.0 |
Depreciation and Amortization | 342.4 |  |  | 67.3 |  |  | 0.2 |  |  | 409.9 |
(1) | Includes amounts acquired in business combinations.
Schedule of Revenue by Geographic Areas | 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
Revenue | October 3, 2025 |  | September 27, 2024 |  | September 29, 2023
United States | $ | 13,062.3 |  |  | $ | 12,441.7 |  |  | $ | 11,536.9 |
Foreign | 5,444.0 |  |  | 4,959.0 |  |  | 4,546.3 |
| $ | 18,506.3 |  |  | $ | 17,400.7 |  |  | $ | 16,083.2 |
Schedule of Financial Information by Segment | Financial information by segment is as follows (in millions):
| Fiscal Year Ended October 3, 2025
| FSS United States |  | FSS International |  | Total
Revenue | $ | 13,211.9 |  |  | $ | 5,294.4 |  |  | $ | 18,506.3 |
Less: |  |  |  |  |
Food and support services costs | 3,683.1 |  |  | 1,417.7 |  |  |
Personnel costs(1) | 4,983.3 |  |  | 2,708.6 |  |  |
Other direct costs(2) | 3,287.2 |  |  | 815.1 |  |  |
Depreciation and amortization(3) | 282.6 |  |  | 68.4 |  |  |
Selling expenses | 135.7 |  |  | 24.3 |  |  |
Adjusted operating income | $ | 840.0 |  |  | $ | 260.3 |  |  | $ | 1,100.3 |
Reconciliation to Income from Continuing Operations Before Income Taxes: |  |  |  |
Unallocated corporate expenses(4) |  |  |  |  | (119.2) |
Amortization of acquisition-related intangible assets(3) |  |  |  |  | (124.5) |
Severance and other charges(1) |  |  |  |  | (36.4) |
Gains, losses and settlements impacting comparability(2) |  |  |  |  | (28.3) |
Loss on Equity Investments, net |  |  |  |  | (19.5) |
Interest Expense, net |  |  |  |  | (341.9) |
Income from Continuing Operations Before Income Taxes |  |  |  |  | $ | 430.5 |
(1)Adjusted for Severance and Other Charges of $6.6 million and $29.8 million incurred by FSS United States and FSS International, respectively. (2)Adjusted for Gains, Losses, and Settlements impacting comparability consists of certain transactions that are not indicative of the Company's ongoing operational performance. Adjustments impacting FSS United States include charges for contingent consideration liabilities related to acquisition earn outs ($11.1 million) and non-cash charges related to impairment of assets ($6.9 million). Adjustments impacting FSS International consist of charges related to hyperinflation in Argentina ($5.7 million), legal charges related to an anti-trust review ($2.5 million) and non-cash charges related to impairment of assets ($2.1 million). (3)Adjusted for Amortization of Acquisition-Related Intangible Assets of $97.9 million and $26.6 million incurred by FSS United States and FSS International, respectively. (4)Includes certain operating and non-operating costs not allocated to the segments, such as corporate personnel compensation costs, share-based compensation expense and other unallocated costs.
| Fiscal Year Ended September 27, 2024
| FSS United States |  | FSS International |  | Total
Revenue | $ | 12,576.7 |  |  | $ | 4,824.0 |  |  | $ | 17,400.7 |
Less: |  |  |  |  |
Food and support services costs(1) | 3,428.4 |  |  | 1,325.0 |  |  |
Personnel costs(2) | 4,661.0 |  |  | 2,428.4 |  |  |
Other direct costs(3) | 3,320.0 |  |  | 773.8 |  |  |
Depreciation and amortization(4) | 269.5 |  |  | 58.9 |  |  |
Selling expenses | 123.6 |  |  | 19.3 |  |  |
Adjusted operating income | $ | 774.2 |  |  | $ | 218.6 |  |  | $ | 992.8 |
Reconciliation to Income from Continuing Operations Before Income Taxes: |  |  |  |
Unallocated corporate expenses(5) |  |  |  |  | (140.7) |
Amortization of acquisition-related intangible assets(4) |  |  |  |  | (107.1) |
Severance and other charges(2) |  |  |  |  | (19.7) |
Gains, losses and settlements impacting comparability(1)(3) |  |  |  |  | (18.8) |
Gain on Equity Investments, net |  |  |  |  | 25.1 |
Interest Expense, net |  |  |  |  | (366.7) |
Income from Continuing Operations Before Income Taxes |  |  |  |  | $ | 364.9 |
(1)Adjusted for non-cash adjustments of inventory based on expected usage of $18.2 million incurred by FSS United States. (2)Adjusted for Severance and Other Charges of $12.9 million incurred by FSS United States. Adjustments impacting FSS International consist of a charge related to a ruling on a foreign payroll tax matter of $6.8 million. (3)Adjusted for Gains, Losses, and Settlements impacting comparability consists of certain transactions that are not indicative of the Company's ongoing operational performance. Adjustment impacting FSS United States consists of the reversal of contingent consideration liabilities related to acquisition earn outs, net of expense ($8.2 million). Adjustments impacting FSS International consist of charges related to hyperinflation in Argentina ($5.4 million) and non-cash charges related to the impairment of trade names ($3.3 million). (4)Adjusted for Amortization of Acquisition-Related Intangible Assets of $91.4 million and $15.7 million incurred by FSS United States and FSS International, respectively. (5)Includes certain operating and non-operating costs not allocated to the segments, such as corporate personnel compensation costs, share-based compensation expense, spin-off related charges and other unallocated costs.
| Fiscal Year Ended September 29, 2023
| FSS United States |  | FSS International |  | Total
Revenue | $ | 11,721.4 |  |  | $ | 4,361.8 |  |  | $ | 16,083.2 |
Less: |  |  |  |  |
Food and support services costs | 3,238.0 |  |  | 1,200.7 |  |  |
Personnel costs(1) | 4,420.3 |  |  | 2,207.1 |  |  |
Other direct costs(2) | 3,002.0 |  |  | 702.5 |  |  |
Depreciation and amortization(3) | 265.6 |  |  | 54.6 |  |  |
Selling expenses | 113.3 |  |  | 20.9 |  |  |
Adjusted operating income | $ | 682.2 |  |  | $ | 176.0 |  |  | $ | 858.2 |
Reconciliation to Income from Continuing Operations Before Income Taxes: |  |  |  |
Unallocated corporate expenses(4) |  |  |  |  | (139.4) |
Amortization of acquisition-related intangible assets(3) |  |  |  |  | (89.5) |
Severance and other charges(1) |  |  |  |  | (32.3) |
Gains, losses and settlements impacting comparability(2) |  |  |  |  | 28.0 |
Gain on Equity Investments, net |  |  |  |  | 376.0 |
Interest Expense, net |  |  |  |  | (437.5) |
Income from Continuing Operations Before Income Taxes |  |  |  |  | $ | 563.5 |
(1)Adjusted for Severance and Other Charges of $2.3 million and $30.0 million incurred by FSS United States and FSS International, respectively. (2)Adjusted for Gains, Losses, and Settlements impacting comparability consists of certain transactions that are not indicative of the Company's ongoing operational performance. Adjustments impacting FSS United States consist of non-cash adjustments for the reversal of contingent consideration liabilities related to acquisition earn outs, net of expense ($85.7 million), non-cash charges for the impairment of operating lease right-of-use assets and property and equipment ($21.6 million), non-cash charges related to the impairment of information technology assets ($8.2 million), pension withdrawal charges ($6.7 million) and non-cash charges related to the impairment of trade names ($2.3 million). Adjustments impacting FSS International consist of charges related to hyperinflation in Argentina ($10.4 million), non-cash charges for the impairment of certain assets related to a business that was sold ($5.2 million) and other miscellaneous charges ($3.3 million). (3)Adjusted for Amortization of Acquisition-Related Intangible Assets of $76.8 million and $12.7 million incurred by FSS United States and FSS International, respectively. (4)Includes certain operating and non-operating costs not allocated to the segments, such as corporate personnel compensation costs, share-based compensation expense, spin-off related charges and other unallocated costs.
Schedule of Net Property and Equipment by Geographic Areas |
Property and Equipment, net | October 3, 2025 |  | September 27, 2024
United States | $ | 1,428.6 |  |  | $ | 1,312.6 |
Foreign | 305.9 |  |  | 260.6 |
| $ | 1,734.5 |  |  | $ | 1,573.2 |

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