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Indebtedness
 12 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Indebtedness Indebtedness
We maintain short-term line of credit facilities with banks throughout the world that are principally demand lines subject to revision by the banks.
Long-term debt consists of:
September 30,
2023		October 1,
2022
U.S. revolving credit facility$334,500 $321,300 
SECT revolving credit facility33,000 20,000 
Senior notes 4.25%500,000 500,000 
Other long-term debt— 916 
Senior debt867,500 842,216 
Less deferred debt issuance cost(4,408)(4,428)
Less current installments— (916)
Long-term debt$863,092 $836,872 
On October 27, 2022, we amended our U.S. revolving credit facility, which extended the maturity date of the credit facility from October 15, 2024 to October 27, 2027. The credit facility has a capacity of $1,100,000 and provides an expansion option, which permits us to request an increase of up to $400,000 to the credit facility upon satisfaction of certain conditions. The credit facility is secured by substantially all of our U.S. assets. The loan agreement contains various covenants which, among others, specify interest coverage and maximum leverage. We are in compliance with all covenants. The weighted-average interest rate on the outstanding credit facility borrowings is 6.93% and is based on SOFR plus the applicable margin, which was 1.60% at September 30, 2023.
The SECT has a revolving credit facility with a borrowing capacity of $35,000. On April 21, 2023, the SECT amended the credit facility, which extended the maturity date of the credit facility from July 26, 2024 to October 26, 2025. Interest is based on SOFR plus an applicable margin of 2.23%. A commitment fee is also charged based on a percentage of the unused amounts available and is not material.
We have $500,000 aggregate principal amount of 4.25% senior notes due December 15, 2027 with interest paid semiannually on June 15 and December 15 of each year. The senior notes are unsecured obligations, guaranteed on a senior unsecured basis by certain subsidiaries and contain normal incurrence-based covenants and limitations such as the ability to incur additional indebtedness, pay dividends, make other restricted payments and investments, create liens and certain corporate acts such as mergers and consolidations. We are in compliance with all covenants.The effective interest rate for these notes after considering the amortization of deferred debt issuance costs is 4.60%.
Maturities of long-term debt are:
20242025202620272028Thereafter
Long-term debt maturities$— $— $33,000 $— $834,500 $— 
At September 30, 2023, we had pledged assets with a net book value of $1,636,196 as security for long-term debt.
At September 30, 2023, we had $712,475 of unused short and long-term borrowing capacity, including $710,475 from the U.S. revolving credit facility.
Commitment fees are charged on some of these arrangements and on the U.S. revolving credit facility based on a percentage of the unused amounts available and are not material.