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Borrowings | 3 Months Ended
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Dec. 27, 2024
Debt Disclosure [Abstract] |
Borrowings | BORROWINGS: Long-term borrowings, net, are summarized in the following table (in thousands):
|  | December 27, 2024 |  | September 27, 2024
Senior Secured Credit Facility: |  |  |  |
$1.4 Billion Revolving Credit Facility due August 2029 |  | $ | 204,039 |  |  | $ | 30,138 |
Term A Loans due August 2029 |  | 474,173 |  |  | 499,624 |
United States Term B Loans due June 2030 |  | 1,070,885 |  |  | 1,073,060 |
United States Term B Loans due April 2028 |  | 725,836 |  |  | 725,504 |
United States Term B Loans due January 2027 |  | 836,948 |  |  | 836,680 |
Senior Unsecured Notes: |  |  |  |
5.000% Senior Unsecured Notes due February 2028 |  | 1,144,789 |  |  | 1,144,404 |
5.000% Senior Unsecured Notes due April 2025 |  | 551,161 |  |  | 550,789 |
3.125% Senior Unsecured Notes (EUR) due April 2025 |  | 338,705 |  |  | 362,459 |
Other: |  |  |  |
Receivables Facility due July 2026 |  | 525,000 |  |  | — |
Finance leases |  | 39,109 |  |  | 40,440 |
Other |  | 9,141 |  |  | 8,359 |
|  | 5,919,786 |  |  | 5,271,457 |
Less—current portion |  | (942,833) |  |  | (964,286) |
|  | $ | 4,976,953 |  |  | $ | 4,307,171 |
As of December 27, 2024, there were $862.2 million of outstanding foreign currency borrowings. As of December 27, 2024, there were $1,158.1 million of availability under the senior secured revolving credit facility and $75.0 million of availability under the Receivables Facility. 5.000% Senior Notes Due April 2025 Redemption Notice On January 17, 2025, the Company issued a notice of conditional redemption for the 5.000% Senior Notes due April 2025 (the "5.000% 2025 Notes”). The Company notified holders of the election to redeem the entire $551.5 million aggregate principal amount of the 5.000% 2025 Notes on February 18, 2025, at a redemption price equal to 100.000% of the aggregate principal amount, plus accrued and unpaid interest to the date of redemption. 6.375% Senior Notes due 2025 Repayment On October 2, 2023, the Company fully redeemed the $1,500.0 million 6.375% Senior Notes due May 1, 2025 (the “6.375% 2025 Notes”) in conjunction with the separation and distribution of the Uniform segment (see Note 1). The Company recorded $31.8 million of charges to "Interest Expense, net" in the Condensed Consolidated Statements of Income for the three months ended December 29, 2023, consisting of the payment of a $23.9 million call premium and a $7.9 million non-cash loss for the write-off of unamortized deferred financing costs on the 6.375% 2025 Notes. The amount paid for the call premium is included within "Other financing activities" on the Condensed Consolidated Statements of Cash Flows for the three months ended December 29, 2023.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-6 Reference 2: 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