XML 47 R27.htm IDEA: XBRL DOCUMENT
v3.21.2

Accumulated Other Comprehensive Income (Loss) | 12 Months Ended
--- | ---
Oct. 02, 2021
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 |  | Accumulated retirement liability |  | Accumulated gain (loss) on derivatives |  | Total
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), net of tax |  | 26,405 |  |  | 102,081 |  |  | 1,538 |  |  | 130,024 |
AOCIL at October 3, 2020 |  | (102,994) |  |  | (183,653) |  |  | 1,194 |  |  | (285,453) |
Other comprehensive income (loss) before reclassifications |  | 12,559 |  |  | 21,958 |  |  | (1,277) |  |  | 33,240 |
Amounts reclassified from AOCIL |  | (2,554) |  |  | 8,485 |  |  | (1,278) |  |  | 4,653 |
Other comprehensive income (loss), net of tax |  | 10,005 |  |  | 30,443 |  |  | (2,555) |  |  | 37,893 |
AOCIL at October 2, 2021 |  | $ | (92,989) |  |  | $ | (153,210) |  |  | $ | (1,361) |  |  | $ | (247,560) |
Net gains and losses on net investment hedges are recorded in Accumulated foreign currency translation 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 |  | 2021 |  | 2020
Retirement liability: |  |  |  |  |  |
Prior service cost (credit) |  |  |  | $ | 45 |  |  | $ | (129) |
Actuarial losses |  |  |  | 18,776 |  |  | 29,652 |
Curtailment (gain) loss |  |  |  | (5,830) |  |  | 100 |
Settlement (gain) loss |  |  |  | (44) |  |  | 122,000 |
Reclassification from AOCIL into earnings |  | 12,947 |  |  | 151,623 |
Tax effect |  |  |  | (4,462) |  |  | (35,883) |
Net reclassification from AOCIL into earnings |  | $ | 8,485 |  |  | $ | 115,740 |
Derivatives: |  |  |  |  |  |
Foreign currency contracts |  | Sales |  | $ | (130) |  |  | $ | (48) |
Foreign currency contracts |  | Cost of sales |  | (1,535) |  |  | (874) |
Interest rate swaps |  | Interest |  | — |  |  | (1) |
Reclassification from AOCIL into earnings |  | (1,665) |  |  | (923) |
Tax effect |  |  |  | 387 |  |  | 216 |
Net reclassification from AOCIL into earnings |  | $ | (1,278) |  |  | $ | (707) |
Reclassification from AOCIL into earnings for the Retirement liability are included in the computation of non-service pension expense, which is included in Other on the Consolidated Statements of Earnings. The effective portion of amounts deferred in AOCIL are as follows:
|  |  | 2021 |  | 2020 |  |  |  |
Retirement liability: |  |  |  |  |  |  |  |  |
Net actuarial gain (loss) during period |  |  | $ | 26,157 |  |  | $ | (16,131) |  |  |  |  |
Tax effect |  |  | (4,199) |  |  | 2,472 |  |  |  |  |
Net deferral in AOCIL of retirement liability |  |  | $ | 21,958 |  |  | $ | (13,659) |  |  |  |  |
Derivatives: |  |  |  |  |  |  |  |  |
Foreign currency contracts |  |  | $ | (1,668) |  |  | $ | 2,965 |  |  |  |  |
Interest rate swaps |  |  | — |  |  | (47) |  |  |  |  |
Net gain (loss) |  |  | (1,668) |  |  | 2,918 |  |  |  |  |
Tax effect |  |  | 391 |  |  | (673) |  |  |  |  |
Net deferral in AOCIL of derivatives |  | $ | (1,277) |  |  | $ | 2,245 |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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=123367319&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
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration