v3.26.1
Consolidated and Combined Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Jun. 27, 2026
Jun. 28, 2025
Consolidated and Combined Statements of Operations [Abstract]        
Net sales $ 857 $ 839 $ 2,445 $ 2,365
Costs and expenses:        
Cost of goods sold 745 749 2,141 2,116
Selling, general and administrative 56 50 156 144
Amortization of intangibles 11 13 34 41
Restructuring and other activities 23 14 61 69
Operating income (loss) 22 13 53 (5)
Other expense, net 3 0 5 26
Interest expense, net 37 37 112 102
Loss before income taxes (18) (24) (64) (133)
Income tax expense (benefit) 2 (6) 8 (14)
Net loss $ (20) $ (18) $ (72) $ (119)
Net loss per share: Basic (in Dollars per share) $ (0.56) $ (0.51) $ (2.01) $ (3.35)
Net loss per share: Diluted (in Dollars per share) $ (0.56) $ (0.51) $ (2.01) $ (3.35)