v3.26.1
Long-Term Debt
9 Months Ended
Jun. 27, 2026
Long-Term Debt [Abstract]  
Long-Term Debt
5.         Long-Term Debt    
 
Long-term debt consists of the following:
 
Facility Maturity Date  June 27, 2026   September 27, 2025 
Term loan 
November 2031
 $706  $731 
Revolving credit facility 
November 2029
      
4.75% First Priority Senior Secured Notes 
October 2029
  500   500 
7.25% First Priority Senior Secured Notes 
November 2031
  760   800 
Debt discounts, deferred fees and other    (65  (79
Total long-term debt   $1,901 $1,952
 
Despite not having financial maintenance covenants on our term loan and secured notes, these agreements do contain certain negative covenants.  The failure to comply with these negative covenants could restrict our ability to incur additional indebtedness, enter into certain significant business combinations, make distributions or redeem indebtedness. We are in compliance with all long-term debt covenants as of June 27, 2026.
 
Debt discounts and deferred financing fees are presented net of Long-term debt, less the current portion on the Condensed Consolidated Balance Sheets and are amortized to Interest expense, net on the Consolidated and Combined Statements of Income through maturity.