v3.26.1
BUSINESS COMBINATION (Tables)
 9 Months Ended
Jun. 27, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination, Contingent Consideration
Amount
(In millions)
Balance as of September 27, 2025$— 
Initial fair value upon acquisition of ZT Systems111 
Change in fair value estimate59 
Balance as of March 28, 2026$170 
Change in fair value estimate13 
Balance as of June 27, 2026$183 
Business Combination
Acquisition Date Amounts RecognizedAdjustmentsAs Adjusted
(In millions)
Cash paid to selling shareholder at close$1,651 $(243)$1,408 
Equity issued to selling shareholder (1)155 0155 
Fair value of contingent consideration - earnout111 0111 
  Total purchase consideration$1,917 $(243)$1,674 
  Cash acquired from ZT Systems(295)0(295)
  Total estimated value of purchase consideration, net of cash acquired$1,622 (243)1,379 

(1)     Equity issued to selling shareholder includes $64 million that represents Additional Paid-in Capital.
Business Combination, Recognized Asset Acquired and Liability Assumed
As Originally ReportedMeasurement Period AdjustmentsAs Adjusted
(In millions)
Accounts receivables, net of allowances$1,285 $— $1,285 
Inventories1,295 (16)1,279 
Prepaid expenses and other current assets185 — 185 
Property, plant and equipment, net242 (2)240 
Deferred income tax assets206 (43)163 
Other non-current assets (includes intangible assets of $49 million and $51 million as of June 27, 2026 and December 27, 2025, respectively)
169 (2)167 
Total assets$3,382 $(63)$3,319 
Accounts payable875 — 875 
Accrued liabilities553 (5)548 
Deferred revenue and customer advances439 — 439 
Other non-current liabilities$169 $— $169 
Net assets acquired$1,346 $(58)$1,288 
Goodwill$276 $(185)$91 
Business Combination, Intangible Asset, Acquired, Finite-Lived
Weighted-average Amortization PeriodFair Value
(In years)(In millions)
Customer relationships10$33
Internally developed software512
Trade name/Trademark14
Total intangible assets$49
Business Combination, Pro Forma Information
Three Months EndedNine Months Ended
June 28,
2025		June 27,
2026		June 28,
2025
(In thousands)(In thousands)
Pro forma combined:
Net sales$4,896,391$11,201,425 $15,152,708
Net income attributable to common shareholders181,454274,447 943,905