v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 27, 2026
Sep. 27, 2025
Current assets:    
Cash and cash equivalents $ 280 $ 305
Accounts receivable 531 522
Finished goods 297 303
Raw materials 201 171
Prepaid expenses and other current assets 83 122
Total current assets 1,392 1,423
Noncurrent assets:    
Property, plant and equipment 1,393 1,476
Goodwill and intangible assets 858 890
Right-of-use assets 58 62
Other assets 133 138
Total assets 3,834 3,989
Current liabilities:    
Accounts payable 361 356
Accrued employee costs 86 90
Other current liabilities 122 155
Total current liabilities 569 601
Noncurrent liabilities:    
Long-term debt 1,901 1,952
Deferred income taxes 50 46
Operating lease liabilities 42 45
Other long-term liabilities 255 281
Total liabilities 2,817 2,925
Equity:    
Common stock (35.8 and 35.6 million shares issued, respectively) 1 1
Additional paid-in capital 1,430 1,417
Retained loss (231) (159)
Accumulated other comprehensive loss (183) (195)
Total equity 1,017 1,064
Total liabilities and equity $ 3,834 $ 3,989