v3.25.1
Business Consolidation and Other Activities (Tables)
6 Months Ended
Mar. 29, 2025
Business Consolidation and Other Activities [Abstract]  
Business Consolidation and Other Activities by Segment
The table below includes the significant components of our business consolidation and other activities, by reporting segment:

 
Quarterly Period Ended
   
Two Quarterly Periods Ended
   
Restructuring Plans
 
   
March 29, 2025(a)
   
March 30, 2024
   
March 29, 2025(a)
   
March 30, 2024
   
Life to date (a)
 
Consumer Packaging International
 
$
15
   
$
73
   
$
32
   
$
78
     
124
 
Consumer Packaging North America
   
13
     
7
     
22
     
12
     
34
 
Flexibles
   
14
     
3
     
23
     
5
     
28
 
Consolidated
 
$
42
   
$
83
   
$
77
   
$
95
     
186
 
(a) Excludes $175 million gain from the sale of the Tapes business (see Note 4).
Accrual Activity for Business Consolidation and Other Activities
Other activities consist of acquisition, divestiture and other business optimization related costs. $5 million and $23 million in the Quarter and Year to Date periods, respectively, of the transaction activities related to the proposed merger with Amcor. The table below sets forth the activity with respect to the charges and the impact on our accrued reserves at March 29, 2025:

   
Business Consolidation
       
   
Employee
Severance
and Benefits
   
Facility
Exit Costs
   
Non-Cash
Impairment
Charges
   
Transaction
Activities
   
Total
 
Balance as of September 28, 2024
 
$
29
   
$
   
$
   
$
   
$
29
 
Charges
   
1
     
11
     
1
     
64
     
77
 
Non-cash items
   
     
     
(1
)
   
     
(1
)
Cash
   
(13
)
   
(11
)
   
     
(64
)
   
(88
)
Balance as of March 29, 2025
 
$
17
   
$
   
$
   
$
   
$
17