Restructuring and Related Charges Restructuring and Related Charges (Tables)

9 Months Ended

Jun. 27, 2026

Jun. 28, 2025

Restructuring Cost and Reserve [Line Items]

Schedule of Accrued Liabilities Related to Plant Closures

The following table reflects our liability related to plant closures as of June 27, 2026 (in millions):


	Balance at September 27, 2025		Plant Closure Charges		Payments		Balance at June 27, 2026
Contract termination	$	72	$	—	$	(14)	$	58
Severance and retention	—		—		—		—
Total	$	72	$	—	$	(14)	$	58

Restructuring and Related Costs Related to the Network Optimization Program Restructuring Plan

The following table reflects pretax (income) expense related to the network optimization plan in the nine months of fiscal 2026 (in millions):


	Beef		Pork		Chicken		Prepared Foods		International		Corporate Expenses		Total
Cost of Sales:
Severance and related costs	$	19	$	—	$	5	$	11	$	—	$	—	$	35
Accelerated depreciation	93		—		—		7		—		—		100
Asset write-offs (gain on sale)	13		—		—		(3)		(1)		—		9
Contract and lease terminations	2		—		5		10		—		—		17


Total Cost of Sales	$	127	$	—	$	10	$	25	$	(1)	$	—	$	161

Selling, General and Administrative:
Severance and related costs	1		1		2		4		—		6		14

Total Selling, General and Administrative	$	1	$	1	$	2	$	4	$	—	$	6	$	14

Non-Operating (Income)/Expense													20


Total	$	128	$	1	$	12	$	29	$	(1)	$	6	$	195

The following table reflects pretax (income) expenses related to the network optimization plan in the nine months of fiscal 2025 (in millions):


	Beef		Pork		Chicken		Prepared Foods		International		Corporate Expenses		Total
Cost of Sales:
Severance and related costs	$	6	$	—	$	8	$	2	$	2	$	—	$	18
Accelerated depreciation	38		—		1		—		—		—		39
Asset write-offs (gain on sale)	3		—		31		34		9		—		77
Contract and lease terminations	1		—		1		2		—		—		4
Gain on sale of storage facilities	—		—		(38)		(69)		—		—		(107)
Total Cost of Sales	$	48	$	—	$	3	$	(31)	$	11	$	—	$	31
Selling, General and Administrative:
Severance and related costs	—		—		2		—		—		—		2

Total Selling, General and Administrative	$	—	$	—	$	2	$	—	$	—	$	—	$	2
Total	$	48	$	—	$	5	$	(31)	$	11	$	—	$	33

Schedule of Accrued Liabilities Related to Network Optimization Program Restructuring Plan

The following table reflects our liability related to the network optimization plan as of June 27, 2026 (in millions):


	Balance at September 27, 2025		Expenses		Payments		Balance at June 27, 2026
Contract, lease and pension terminations	$	31	$	55	$	(3)	$	83
Severance and related costs	3		49		(35)		17
Total	$	34	$	104	$	(38)	$	100

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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