XML 62 R45.htm IDEA: XBRL DOCUMENT v3.24.4

Leases (Tables)

12 Months Ended

Sep. 27, 2024

Leases [Abstract]

Schedule of Balance Sheet Classification of Lease Assets and Liabilities

The following tables present our operating leases as of September 27, 2024 and September 29, 2023:

												As of
(Amounts in millions)						Classification						September 27, 2024						September 29, 2023
Assets
Operating lease right-of-use assets						Other long-term assets						$	250					$	216
Total leased assets												$	250					$	216
Liabilities
Current
Current portion of operating lease liabilities						Other current liabilities						$	67					$	53
Noncurrent
Long-term portion of operating lease liabilities						Other long-term liabilities						193						167
Total lease liabilities												$	260					$	220

						As of
Lease Term and Discount Rate						September 27, 2024						September 29, 2023
Weighted average remaining lease term (years)
Operating leases						4.4						4.9
Weighted average discount rate
Operating leases						4.0		%				3.0		%

Schedule of Operating Lease Maturity

Maturity of Lease Liabilities
(Amounts in millions)						Operating Leases
September 30, 2025						$	74
September 30, 2026						67
September 30, 2027						54
September 30, 2028						40
September 30, 2029						25
Thereafter						20
Total lease payments						280
Less: imputed interest						(20)
Present value of lease liabilities (1)						$	260

(1)As most of the Company's operating leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments.

Schedule of Selected Financial Information

The following tables present selected financial information for the years ended September 27, 2024, September 29, 2023 and September 30, 2022:

Lease Cost												For the years ended
(Amounts in millions)						Classification						September 27, 2024						September 29, 2023						September 30, 2022
Operating lease cost						Cost of revenues						$	44					$	40					$	22
						Selling, general and administrative expenses						16						24						22
Net lease cost												$	60					$	64					$	44

Other Information						For the years ended
(Amounts in millions)						September 27, 2024						September 29, 2023						September 30, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating lease payments						$	58					$	68					$	46
Operating lease right-of-use assets obtained in exchange for new operating lease liability						4						1						5

X

- Definition

Assets And Liabilities, Lessee

+ References

No definition available.

+ Details

Name:	amtm_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix:	amtm_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration