XML 57 R38.htm IDEA: XBRL DOCUMENT v3.25.3
Leases (Tables)
12 Months Ended
Oct. 03, 2025
Leases [Abstract]  
Schedule of Assets and Liabilities Lessee
The following table summarizes the location of the operating leases in the Company’s Consolidated Balance Sheets (in thousands), as well as the weighted average remaining lease term and weighted average discount rate:
October 3, 2025September 27, 2024
Assets:
Operating Lease Right-of-use Assets(1)
$701,839 $638,659 
Liabilities:
Current operating lease liabilities$60,744 $54,163 
Noncurrent Operating Lease Liabilities255,305 241,012 
Total operating lease liabilities$316,049 $295,175 
Weighted average remaining lease term (in years)6.36.9
Weighted average discount rate4.8 %4.6 %
(1)
Includes $420.9 million and $384.1 million of long-term prepaid rent as of October 3, 2025 and September 27, 2024, respectively.
Schedule of Lease, Cost
The following table summarizes the location of operating lease related costs on the Consolidated Statements of Income (in thousands):
Fiscal Year Ended
Lease CostIncome Statement LocationOctober 3, 2025September 27, 2024September 29, 2023
Operating lease cost(1):
Fixed lease costsCost of services provided (exclusive of depreciation and amortization)$127,953 $117,584 $110,393 
Variable lease costs(2)
Cost of services provided (exclusive of depreciation and amortization)1,080,782 1,052,310 922,334 
Short-term lease costsCost of services provided (exclusive of depreciation and amortization)82,245 80,816 79,788 
Net operating lease cost
$1,290,980 $1,250,710 $1,112,515 
(1)
Excludes sublease income, which is immaterial.
(2)
Includes $1,054.4 million, $1,027.9 million and $903.4 million of costs related to leases associated with revenue contracts with customers for fiscal 2025, fiscal 2024 and fiscal 2023, respectively. These costs represent the rent the Company pays its clients to operate at their locations, typically based on a percentage of sales.
Schedule of Supplemental Cash Flow Information
Supplemental cash flow information related to operating leases for the periods reported is as follows (in thousands):
Fiscal Year Ended
October 3, 2025September 27, 2024September 29, 2023
Cash paid for amounts included in the measurement of operating lease liabilities(1)
$168,490 $192,391 $170,457 
Lease assets obtained in exchange for operating lease obligations
88,657 59,780 52,215 
(1)
For fiscal 2025, excludes cash paid for variable and short-term lease costs of $1,070.7 million and $82.2 million, respectively, that are not included within the measurement of lease liabilities. For fiscal 2024, excludes cash paid for variable and short-term lease costs of $1,039.0 million and $80.8 million, respectively, that are not included within the measurement of lease liabilities. For fiscal 2023, excludes cash paid for variable and short-term lease costs of $909.1 million and $79.8 million, respectively, that are not included within the measurement of lease liabilities.
Schedule of Operating Lease, Liability, Maturity
Future minimum lease payments under non-cancelable leases as of October 3, 2025 are as follows (in thousands):
Operating leases
2026$74,298 
202765,622 
202855,855 
202945,931 
203036,454 
Thereafter86,807 
Total future minimum lease payments364,967 
Less: Interest(48,918)
Present value of lease liabilities$316,049