XML 31 R16.htm IDEA: XBRL DOCUMENT
v3.25.3

Goodwill and Intangible Assets | 12 Months Ended
--- | ---
Oct. 03, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The table below presents changes in the carrying amount of goodwill by reportable segment for the periods presented:
(Amounts in millions) | DS |  | GES |  | Total
Balance as of September 29, 2023 | $ | 1,256 |  |  | $ | 1,635 |  |  | $ | 2,891 |
Acquisition of CMS | 1,156 |  |  | 1,509 |  |  | 2,665 |
Balance as of September 27, 2024 | 2,412 |  |  | 3,144 |  |  | 5,556 |
Measurement period adjustments (1) | 41 |  |  | 298 |  |  | 339 |
Divestitures | (193) |  |  | — |  |  | (193) |
Foreign currency translation | — |  |  | 1 |  |  | 1 |
Balance as of October 3, 2025 | $ | 2,260 |  |  | $ | 3,443 |  |  | $ | 5,703 |
(1) Represents changes to goodwill resulting from measurement period adjustments recorded in fiscal year 2025 associated with the acquisition of CMS purchase price allocation. During the first quarter of fiscal year 2025, we performed an interim goodwill impairment test both before and after we amended our organizational structure. In the fourth quarter of fiscal year 2025, we performed our annual goodwill impairment test. We concluded no impairment charges were necessary as a result of either test. During the first quarter of fiscal year 2023, we performed an interim goodwill impairment test both before and after we amended our organizational structure. Our interim quantitative goodwill impairment test concluded that the carrying value of one reporting unit exceeded its fair value. As a result, a non-cash impairment charge of $186 million was recognized during the year ended September 29, 2023. Accumulated goodwill impairment was $294 million as of both October 3, 2025 and September 27, 2024. Intangible Assets Intangible assets, net consisted of the following:
| As of October 3, 2025
(Amounts in millions, except years) | Weighted Average Useful Life (Years) |  | Gross Carrying Value |  | Accumulated Amortization |  | Net
Backlog | 5.1 |  | $ | 661 |  |  | $ | (586) |  |  | $ | 75 |
Customer relationship intangible assets | 11.1 |  | 2,587 |  |  | (721) |  |  | 1,866 |
Capitalized software | 4.6 |  | 27 |  |  | (13) |  |  | 14 |
Total intangible assets, net |  |  | $ | 3,275 |  |  | $ | (1,320) |  |  | $ | 1,955 |
| As of September 27, 2024
(Amounts in millions, except years) | Weighted Average Useful Life (Years) |  | Gross Carrying Value |  | Accumulated Amortization |  | Net
Backlog | 2.4 |  | $ | 931 |  |  | $ | (552) |  |  | $ | 379 |
Customer relationship intangible assets | 12.9 |  | 2,781 |  |  | (550) |  |  | 2,231 |
Capitalized software | 4.8 |  | 23 |  |  | (10) |  |  | 13 |
Total intangible assets, net |  |  | $ | 3,735 |  |  | $ | (1,112) |  |  | $ | 2,623 |
Amortization expense was $479 million, $228 million and $298 million for the years ended October 3, 2025, September 27, 2024 and September 29, 2023, respectively. Future amortization expense is expected to be as follows:
Year Ending September 30, | (Amounts in millions)
2026 | $ | 376 |
2027 | 334 |
2028 | 265 |
2029 | 220 |
2030 | 186 |
Thereafter | 574 |
Total | $ | 1,955 |

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

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration