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Income Taxes (Tables)

12 Months Ended

Sep. 27, 2024

Income Tax Disclosure [Abstract]

Schedule of Domestic and Foreign Components of Loss Before Income Taxes

The domestic and foreign components of Loss before income taxes are as follows:

			For the years ended
(Amounts in millions)			September 27, 2024						September 29, 2023						September 30, 2022
Domestic			$	(328)					$	(526)					$	(213)
Foreign			205						186						149
Loss before income taxes			$	(123)					$	(340)					$	(64)

Schedule of Benefit (Provision) for Income Taxes

The Benefit (provision) for income taxes consists of the following:

			For the years ended
(Amounts in millions)			September 27, 2024						September 29, 2023						September 30, 2022
Current income tax (provision):
Federal			$	(44)					$	(30)					$	(3)
State			(13)						(5)						(8)
Foreign			(18)						(9)						(10)
Total current income tax (provision)			(75)						(44)						(21)
Deferred income tax benefit (provision):
Federal			110						49						9
State			10						13						(4)
Foreign			(5)						1						2
Total deferred income tax benefit			115						63						7
Benefit (provision) for income taxes			$	40					$	19					$	(14)

Schedule of Effective Income Tax Rate Reconciliation

The major elements contributing to the difference between the U.S. federal statutory rate and the effective tax rate are as follows:

			For the years ended
			September 27, 2024												September 29, 2023												September 30, 2022
(Dollars in millions)			Amount						%						Amount						%						Amount						%
Statutory Rate			$	26					21.0		%				$	72					21.0		%				$	13					21.0		%
State income tax, net of the federal benefit			(2)						(2.0)		%				7						2.2		%				(10)						(15.5)		%
Non-controlling interests			—						(0.2)		%				(2)						(0.5)		%				1						2.0		%
Goodwill impairment			—						—		%				(39)						(11.5)		%				(23)						(35.3)		%
Transaction costs			(1)						(0.8)		%				—						—		%				(1)						(2.1)		%
Equity-based compensation			(4)						(3.0)		%				—						—		%				—						—		%
Nontaxable or nondeductible items			1						0.4		%				—						(0.1)		%				1						0.4		%
Tax differential on foreign operations			(1)						(0.5)		%				(4)						(1.0)		%				—						(0.1)		%
Tax credits			5						4.6		%				2						0.6		%				1						1.8		%
Valuation allowance			16						13.0		%				(17)						(5.1)		%				4						5.9		%
Benefit (provision) for income taxes			$	40					32.5		%				$	19					5.6		%				$	(14)					(21.9)		%

Schedule of Reconciliation of Deferred Tax Assets and Liabilities

						As of
(Amounts in millions)						September 27, 2024						September 29, 2023
Deferred tax assets:
Operating lease liabilities						$	60					$	52
Reserves						37						36
Accrued compensation and benefits						92						45
Interest expense						160						97
Foreign tax credit						27						35
Research expenditures						23						12
Net operating losses and capital losses						76						33
Other						11						10
Valuation allowance						(76)						(51)
Total deferred tax assets						410						269
Deferred tax liabilities:
Acquired intangible assets						(573)						(220)
Operating lease right-of-use assets						(58)						(51)
Property and equipment, net						(13)						(14)
Equity method and consolidated investments						(113)						(83)
Other						(18)						(37)
Total deferred tax liabilities						(775)						(405)
Total deferred tax liabilities, net						(365)						(136)

Schedule of Unrecognized Tax Benefits

The following table summarizes the activity related to unrecognized tax benefits:

(Amounts in millions)						Unrecognized Tax Benefits
Balance at September 30, 2022						$	15
Reductions for tax positions related to prior years						(1)
Balance at September 29, 2023						14
Additions for tax positions related to prior years						9
Reductions for tax positions related to prior years						(7)
Additions for tax positions related to current years						2
Lapse of statute of limitations						(5)
Settlements						(4)
Balance at September 27, 2024						$	9

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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