XML 40 R8.htm IDEA: XBRL DOCUMENT

Receivables

3 Months Ended

Jan. 03, 2015

Receivables consist of:



	January 3, 2015			September 27, 2014
Accounts receivable	$	293,345		$	332,450
Long-term contract receivables:
Amounts billed	98,425			125,497
Unbilled recoverable costs and accrued profits	304,361			313,530
Total long-term contract receivables	402,786			439,027
Other	15,107			13,738
Total receivables	711,238			785,215
Less allowance for doubtful accounts	(4,865		)	(4,341		)
Receivables	$	706,373		$	780,874

We securitize certain trade receivables in transactions that are accounted for as secured borrowings (Securitization Program). We maintain a subordinated interest in a portion of the pool of trade receivables that are securitized. The retained interest, which is included in Receivables in the consolidated condensed balance sheets, is recorded at fair value, which approximates the total amount of the designated pool of accounts receivable. Refer to Note 5, Indebtedness, for additional disclosures related to the Securitization Program.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References+ Details