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Accumulated Other Comprehensive Income (Loss) | 12 Months Ended
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Oct. 03, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The changes in AOCIL, net of tax, by component are as follows:
|  | Accumulated foreign currency translation (1) |  | Accumulated retirement liability |  | Accumulated gain (loss) on derivatives |  | Total
AOCIL at September 29, 2018 |  | $ | (99,415 | ) |  | $ | (272,928 | ) |  | $ | (449 | ) |  | $ | (372,792 | )
Other comprehensive income (loss) before reclassifications |  | (26,501 | ) |  | (35,606 | ) |  | 41 |  |  | (62,066 | )
Amounts reclassified from AOCIL |  | (3,483 | ) |  | 22,800 |  |  | 64 |  |  | 19,381 |
Other comprehensive income (loss) |  | (29,984 | ) |  | (12,806 | ) |  | 105 |  |  | (42,685 | )
AOCIL at September 28, 2019 |  | (129,399 | ) |  | (285,734 | ) |  | (344 | ) |  | (415,477 | )
Other comprehensive income (loss) before reclassifications |  | 26,898 |  |  | (13,659 | ) |  | 2,245 |  |  | 15,484 |
Amounts reclassified from AOCIL |  | (493 | ) |  | 115,740 |  |  | (707 | ) |  | 114,540 |
Other comprehensive income (loss) |  | 26,405 |  |  | 102,081 |  |  | 1,538 |  |  | 130,024 |
AOCIL at October 3, 2020 |  | $ | (102,994 | ) |  | $ | (183,653 | ) |  | $ | 1,194 |  |  | $ | (285,453 | )
(1) | Net gains and losses on net investment hedges are recorded as cumulative translation adjustments in AOCIL to the extent that the instruments are effective in hedging the designated risk.
The amounts reclassified from AOCIL into earnings are as follows:
|  | Statements of Earnings location |  | 2020 |  | 2019
Retirement liability: |  |  |  |  |  |
Prior service cost (credit) |  |  |  | $ | (129 | ) |  | $ | (302 | )
Actuarial losses |  |  |  | 29,652 |  |  | 30,488 |
Curtailment loss |  |  |  | 100 |  |  | — |
Settlement loss |  |  |  | 122,000 |  |  | — |
Reclassification from AOCIL into earnings (2) |  | 151,623 |  |  | 30,186 |
Tax effect |  |  |  | (35,883 | ) |  | (7,386 | )
Net reclassification from AOCIL into earnings |  | $ | 115,740 |  |  | $ | 22,800 |
Derivatives: |  |  |  |  |  |
Foreign currency contracts |  | Sales |  | $ | (48 | ) |  | $ | 106 |
Foreign currency contracts |  | Cost of sales |  | (874 | ) |  | 1,108 |
Interest rate swaps |  | Interest |  | (1 | ) |  | (1,141 | )
Reclassification from AOCIL into earnings |  | (923 | ) |  | 73 |
Tax effect |  |  |  | 216 |  |  | (9 | )
Net reclassification from AOCIL into earnings |  | $ | (707 | ) |  | $ | 64 |
(2) | The reclassifications are included in the computation of non-service pension expense, which is included in Other on the Consolidated Statement of Earnings.
The effective portion of amounts deferred in AOCIL are as follows:
|  |  | 2020 |  | 2019
Retirement liability: |  |  |  |  |
Net actuarial gain (loss) during period |  |  | $ | (16,131 | ) |  | $ | (44,001 | )
Tax effect |  |  | 2,472 |  |  | 8,395 |
Net deferral in AOCIL of retirement liability |  |  | $ | (13,659 | ) |  | $ | (35,606 | )
Derivatives: |  |  |  |  |
Foreign currency contracts |  |  | $ | 2,965 |  |  | $ | 639 |
Interest rate swaps |  |  | (47 | ) |  | (525 | )
Net gain |  |  | 2,918 |  |  | 114 |
Tax effect |  |  | (673 | ) |  | (73 | )
Net deferral in AOCIL of derivatives |  | $ | 2,245 |  |  | $ | 41 |

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
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