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Contingencies and Commitments (Tables)
3 Months Ended
Jan. 24, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Lease Payments

The following is a schedule by years of future minimum lease payments for transportation leases and ROU assets:

 

Fiscal Year  Financial
Obligations
 
2025  $1,140 
2026   1,226 
2027   496 
2028   259 
Later Years   122 
Total Minimum Lease Payments(a)  $3,243 
Less: Amount representing executory costs   52
Less: Amount representing interest(b)   - 
Present value of future minimum lease payments(c)  $3,295 

 

(a) Minimum payments exclude contingent rentals based on actual mileage and adjustments of rental payments based on the Consumer Price Index.
(b) Amount necessary to reduce net minimum lease payments to present value calculated at the Company’s incremental borrowing rate at the inception of the leases.
(c) Reflected in Part I. Financial Information, Item 1. a., Condensed Consolidated Balance Sheets, as current and noncurrent obligations are finance leases of $67 under other current liabilities and $161 under executive retirement, pension plans and other, respectively, and ROU leases payable of $1,117 and $1,950 are disclosed as line items current right-of-use leases payable and long-term right-of-use leases payable, respectively, as of January 24, 2025.