v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2025
Sep. 28, 2024
Current assets:    
Cash and cash equivalents $ 483 $ 865
Accounts receivable 1,284 1,271
Finished goods 870 835
Raw materials and supplies 504 534
Prepaid expenses and other current assets 172 182
Current assets of discontinued operations (Note 2) 0 887
Total current assets 3,313 4,574
Noncurrent assets:    
Property, plant and equipment 3,534 3,627
Goodwill and intangible assets 5,350 5,588
Right-of-use assets 567 602
Other assets 118 152
Non-current assets of discontinued operations (Note 2) 0 2,070
Total assets 12,882 16,613
Current liabilities:    
Accounts payable 1,080 1,471
Accrued employee costs 190 267
Other current liabilities 819 711
Current portion of long-term debt 1,535 810
Current liabilities of discontinued operations (Note 2) 0 413
Total current liabilities 3,624 3,672
Noncurrent liabilities:    
Long-term debt 5,444 7,505
Deferred income taxes 252 413
Employee benefit obligations 135 152
Operating lease liabilities 468 495
Other long-term liabilities 483 579
Non-current liabilities of discontinued operations (Note 2) 0 189
Total liabilities 10,406 13,005
Stockholders' equity:    
Common stock (115.7 and 115.0 million shares issued, respectively) 1 1
Additional paid-in capital 1,403 1,321
Retained earnings 1,269 2,581
Accumulated other comprehensive loss (197) (295)
Total stockholders' equity 2,476 3,608
Total liabilities and stockholders' equity $ 12,882 $ 16,613