v3.26.1
DERIVATIVES AND HEDGING ACTIVITIES (Tables)
6 Months Ended
Mar. 28, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions
The tables below summarize the key terms of the swaps and collars as of March 28, 2026 (aggregated by effective date).
Interest rate swap agreements:
Aggregate Notional Amount (in millions)Effective DateMaturity DateConversion of Related Variable Rate Debt subject to Term SOFR to Fixed Rate of:
$7009/30/20259/30/2027
3.22% plus applicable margin percentage
$1259/30/20279/30/2029
3.11% plus applicable margin percentage
$1,0259/30/20279/30/2029
3.12% plus applicable margin percentage
$9009/30/20279/30/2029
3.14% plus applicable margin percentage
Interest rate collar agreements:
Aggregate Notional Amount (in millions)Effective DateMaturity DateOffsets Variable Rate Debt Attributable to Fluctuations Below and Above:
$1,1003/31/20259/30/2026
Three-month Term SOFR rate of 2.00% (floor) and 3.50% (cap)
$5009/30/20259/30/2026
Three-month Term SOFR rate of 2.00% (floor) and 3.50% (cap)
$1,3389/30/20259/30/2027
Three-month Term SOFR rate of 2.50% (floor) and 4.50% (cap)
$7009/30/20259/30/2027
Three-month Term SOFR rate of 2.00% (floor) and 3.91% (cap)
$1,5509/30/20269/30/2027
Three-month Term SOFR rate of 2.50% (floor) and 4.50% (cap)
$2,0509/30/20279/30/2029
Three-month Term SOFR rate of 2.21% (floor) and 4.25% (cap)
Schedule of Interest Rate Derivatives
March 28, 2026September 30, 2025
AssetLiabilityAssetLiability
Interest rate collar agreements$13 $— $$
Interest rate swap agreements23 — — 
Net derivatives as classified in the condensed consolidated balance sheets (1)
$36 $— $15 $
(1)Refer to Note 10, “Fair Value Measurements,” for the condensed consolidated balance sheets classification of the Company's interest rate swap and collar agreements.