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GOODWILL AND INTANGIBLE ASSETS
9 Months Ended
Jun. 27, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The following is a summary of changes in the carrying value of goodwill by segment from September 30, 2025 through June 27, 2026 (in millions):
Power & ControlAirframeNon-aviationTotal
Balance at September 30, 2025$5,273 $5,260 $79 $10,612 
Goodwill acquired during the period1,516 60 — 1,576 
Purchase price allocation adjustments21 — — 21 
Currency translation adjustments and other(25)(18)— (43)
Balance at June 27, 2026$6,785 $5,302 $79 $12,166 
Other intangible assets–net in the condensed consolidated balance sheets consist of the following (in millions):
June 27, 2026September 30, 2025
Gross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNet
Trademarks and trade names$1,295 $— $1,295 $1,162 $— $1,162 
Technology3,158 1,232 1,926 2,647 1,137 1,510 
Order backlog70 50 20 59 28 31 
Customer relationships1,755 276 1,479 971 225 746 
Other12 12 
Total$6,290 $1,566 $4,724 $4,851 $1,397 $3,454 
The estimated fair value of the net identifiable tangible and intangible assets acquired is based on the acquisition method of accounting. The fair value of the net identifiable tangible and intangible assets acquired will be finalized within the measurement period (not to exceed one year). Intangible assets acquired during the thirty-nine week period ended June 27, 2026 are summarized in the table below (in millions):
Gross AmountAmortization Period
Intangible assets not subject to amortization:
Trademarks and trade names$138 
Intangible assets subject to amortization:
Technology & Other532 
10 to 20 years
Order backlog12 
1 to 3 years
Customer relationships789 
10 to 20 years
1,333 
Total$1,471 
The Company performs its annual impairment test for goodwill and other intangible assets as of the first day of the fourth fiscal quarter of each year, or more frequently, if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. We have assessed the changes in events and circumstances through the third quarter of fiscal 2026 and concluded that no triggering events occurred that required an interim test.