Restructuring and Other Activities

9 Months Ended

Jun. 27, 2026

Restructuring and Other Activities [Abstract]

3. Restructuring and Other Activities

During fiscal year 2025, the Company announced cost savings initiatives including plant rationalizations in all segments as part of the Project CORE restructuring plan. The project is expected to be carried out over the next two fiscal years, with the operations savings intended to counter general economic softness.

The table below sets forth the significant components of the Restructuring and other activities, including supply chain financings activity charges recognized for the periods presented, by reportable segment:


	Quarterly Period Ended				Three Quarterly Periods Ended
		June 27, 2026		June 28, 2025		June 27, 2026		June 28, 2025
Americas	$	11	$	10	$	38	$	44
Rest of World		12		4		23		25
Consolidated	$	23	$	14	$	61	$	69

The table below sets forth the activity with respect to the Restructuring and other activities accrual at June 27, 2026:


	Restructuring
		Employee Severance			Facility Exit			Non-Cash			Integration
		and Benefits			Costs			Charges(a)			and Other			Total
Balance at September 27, 2025	$	13		$	—		$	—		$	2		$	15
Charges		13			3			10			35			61
Non-cash items		—			—			(10	)		—			(10	)
Cash payments		(21	)		(3	)		—			(37	)		(61	)
Balance at June 27, 2026	$	5		$	—		$	—		$	—		$	5

(a) Includes $7 million non-cash loss on divestiture of facility executed in the quarter in Rest of World.