v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jul. 03, 2026
Jun. 27, 2025
Jul. 03, 2026
Jun. 27, 2025
Income Statement [Abstract]        
Revenues $ 3,490 $ 3,561 $ 10,205 $ 10,468
Cost of revenues (3,130) (3,193) (9,174) (9,372)
Selling, general, and administrative expenses (122) (165) (361) (440)
Amortization of intangibles (94) (118) (282) (358)
Equity earnings of non-consolidated subsidiaries 28 18 73 47
Operating income 172 103 461 345
Interest expense and other, net (62) (88) (209) (261)
Loss on extinguishment of debt (16) (3) (16) (3)
Income before income taxes 94 12 236 81
Provision for income taxes (28) (13) (72) (59)
Net income (loss) including non-controlling interests 66 (1) 164 22
Less: net income (loss) attributable to non-controlling interests 0 11 0 4
Net income attributable to common shareholders $ 66 $ 10 $ 164 $ 26
Earnings per share:        
Basic (in dollars per share) $ 0.27 $ 0.04 $ 0.67 $ 0.11
Diluted (in dollars per share) $ 0.27 $ 0.04 $ 0.67 $ 0.11