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Business Segments
3 Months Ended
Dec. 27, 2024
Segment Reporting [Abstract]  
Business Segments BUSINESS SEGMENTS:
The Company reports its operating results in two reportable segments: FSS United States and FSS International. The Company defines its segments as those operations whose results the chief operating decision maker, identified as the Chief Executive Officer, regularly reviews to analyze performance and allocate resources. Generally, on an annual basis, approximately 84% of the global revenue is related to food services and 16% is related to facilities services.
Financial information by segment is as follows (in millions):
Three Months Ended
RevenueDecember 27, 2024December 29, 2023
FSS United States$3,301.0 $3,212.8 
FSS International1,251.1 1,195.0 
Total Revenue$4,552.1 $4,407.8 
Three Months Ended
Operating IncomeDecember 27, 2024December 29, 2023
FSS United States$193.7 $174.8 
FSS International53.7 46.3 
Total Segment Operating Income247.4 221.1 
Corporate(1)
(30.1)(54.1)
Total Operating Income$217.3 $167.0 
(1) Corporate includes general expenses not specifically allocated to an individual segment and share-based compensation expense for equity awards.
Three Months Ended
Reconciliation to Income Before Income TaxesDecember 27, 2024December 29, 2023
Total Operating Income$217.3 $167.0 
Interest Expense, net75.8 114.6 
Income Before Income Taxes$141.5 $52.4