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Receivables | 3 Months Ended
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Jan. 02, 2021
Receivables [Abstract] |
Receivables | Receivables Receivables consist of:
|  | January 2, 2021 |  | October 3, 2020 |
Accounts receivable |  | $ | 382,836 |  |  | $ | 363,089 |  |
Unbilled receivables |  | 490,297 |  |  | 493,734 |  |
Other |  | 6,472 |  |  | 5,025 |  |
Less allowance for credit losses |  | (6,762) |  |  | (6,313) |  |
Receivables, net |  | $ | 872,843 |  |  | $ | 855,535 |  |
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 9, Indebtedness, for additional disclosures related to the Securitization Program. The allowance for credit losses is based on our assessment of the collectability of customer accounts. The allowance is determined by considering factors such as historical experience, credit quality, age of the accounts receivable, current economic conditions and reasonable forecasted financial information that may affect a customer’s ability to pay.

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- 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 Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 + Details
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- References No definition available. + Details
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