Document and Entity Information - USD ($) shares in Millions, $ in Billions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Nov. 16, 2018 |
Mar. 31, 2018 |
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| Document And Entity Information [Abstract] | |||
| Entity Registrant Name | BERRY GLOBAL GROUP INC | ||
| Entity Central Index Key | 0001378992 | ||
| Current Fiscal Year End Date | --09-29 | ||
| Entity Well-known Seasoned Issuer | Yes | ||
| Entity Voluntary Filers | No | ||
| Entity Current Reporting Status | Yes | ||
| Entity Shell Company | false | ||
| Entity Filer Category | Large Accelerated Filer | ||
| Entity Small Business | false | ||
| Entity Emerging Growth Company | false | ||
| Entity Ex Transition Period | false | ||
| Entity Public Float | $ 7.2 | ||
| Entity Common Stock, Shares Outstanding | 131.2 | ||
| Document Type | 10-K | ||
| Amendment Flag | false | ||
| Document Period End Date | Sep. 29, 2018 | ||
| Document Fiscal Year Focus | 2018 | ||
| Document Fiscal Period Focus | FY |
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- Definition Document and Entity Information [Abstract] No definition available.
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- Definition If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
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- Definition End date of current fiscal year in the format --MM-DD. No definition available.
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- Definition This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
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- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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- Definition The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'. No definition available.
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- Definition A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
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- Definition Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition Indicate if registrant meets the emerging growth company criteria. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate if registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated), (5) Smaller Reporting Accelerated Filer or (6) Smaller Reporting Company and Large Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K. No definition available.
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- Definition The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate if company meets the shell company criteria: a company with no or nominal operations, and with no or nominal assets or assets consisting solely of cash and cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicates that the company is a smaller reporting company with both a public float and revenues of less than $75 million. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
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- Definition Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
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Consolidated Statements of Income - USD ($) $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
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| Consolidated Statements of Income [Abstract] | |||||||||||
| Net sales | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 1,881 | $ 1,906 | $ 1,806 | $ 1,502 | $ 7,869 | $ 7,095 | $ 6,489 |
| Costs and expenses: | |||||||||||
| Cost of goods sold | 1,705 | 1,690 | 1,596 | 1,447 | 1,514 | 1,518 | 1,453 | 1,206 | 6,438 | 5,691 | 5,202 |
| Selling, general and administrative | 480 | 494 | 531 | ||||||||
| Amortization of intangibles | 154 | 154 | 143 | ||||||||
| Restructuring and impairment charges | 36 | 24 | 32 | ||||||||
| Operating income | 761 | 732 | 581 | ||||||||
| Other expense (income), net | 25 | 14 | (18) | ||||||||
| Interest expense, net | 259 | 269 | 291 | ||||||||
| Income (loss) before income taxes | 477 | 449 | 308 | ||||||||
| Income tax (benefit) expense | (19) | 109 | 72 | ||||||||
| Net income (loss) | $ 133 | $ 110 | $ 90 | $ 163 | $ 110 | $ 107 | $ 72 | $ 51 | $ 496 | $ 340 | $ 236 |
| Net income per share: | |||||||||||
| Basic (see Note 14) (in dollars per share) | $ 1.01 | $ 0.84 | $ 0.69 | $ 1.24 | $ 0.84 | $ 0.82 | $ 0.56 | $ 0.42 | $ 3.77 | $ 2.66 | $ 1.95 |
| Diluted (see Note 14) (in dollars per share) | $ 0.99 | $ 0.81 | $ 0.66 | $ 1.20 | $ 0.81 | $ 0.79 | $ 0.54 | $ 0.40 | $ 3.67 | $ 2.56 | $ 1.89 |
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net amount of nonoperating interest income (expense). No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of restructuring charges, remediation cost, and asset impairment loss. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Consolidated Statements of Comprehensive Income - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
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| Consolidated Statements of Comprehensive Income [Abstract] | |||
| Net income | $ 496 | $ 340 | $ 236 |
| Currency translation | (127) | 34 | (1) |
| Pension and postretirement benefits | 3 | 38 | (23) |
| Interest rate hedges | 49 | 28 | (14) |
| Provision for income taxes | (13) | (20) | 9 |
| Other comprehensive (loss) income, net of tax | (88) | 80 | (29) |
| Comprehensive income (loss) | $ 408 | $ 420 | $ 207 |
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before tax, after reclassification adjustment, of (increase) decrease in accumulated other comprehensive (income) loss for defined benefit plan, attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before tax, after reclassification adjustments, of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss), attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before tax, after reclassification adjustments of gain (loss) on foreign currency translation adjustments, on foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of tax expense (benefit) allocated to other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying amount of finite-lived intangible assets, indefinite-lived intangible assets and goodwill. Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets are assets, not including financial assets, lacking physical substance. No definition available.
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- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of long-term debt and capital lease obligation due after one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of long-term debt and capital leases due within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of noncurrent assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of liabilities classified as other, due after one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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Consolidated Balance Sheets (Parenthetical) - shares shares in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
|---|---|---|
| Stockholders' equity: | ||
| Common stock, shares issued (in shares) | 131.4 | 130.9 |
| X | ||||||||||
- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount of increase to additional paid-in capital (APIC) from recognition of equity-based compensation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of decrease in additional paid in capital (APIC) resulting from direct costs associated with issuing stock. Includes, but is not limited to, legal and accounting fees and direct costs associated with stock issues under a shelf registration. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of increase (decrease) to equity or (increase) decrease to net assets, resulting from the cumulative effect adjustment of a new accounting principle applied in the period of adoption. No definition available.
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount, after tax and reclassification adjustment, of (increase) decrease in accumulated other comprehensive income for defined benefit plan, attributable to parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount after tax and reclassification adjustments, of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss), attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition This element represents movements included in the statement of changes in stockholders' equity which are not separately disclosed or provided for elsewhere in the taxonomy. No definition available.
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- Details
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| X | ||||||||||
- Definition The cash outflow related to payments under the tax receivable agreement entered into in connection with the Company's initial public offering. No definition available.
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| X | ||||||||||
- Definition Cash received from the settlement of interest rate hedges. No definition available.
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- References No definition available.
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| X | ||||||||||
- Definition Amount of amortization expense attributable to debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. No definition available.
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- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of increase (decrease) in prepaid expenses, and assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (expense) included in net income that results in no cash inflow (outflow), classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash (inflow) outflow from investing activities classified as other. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash outflow to reacquire common stock during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate cash proceeds received from a combination of transactions that are classified as investing activities in which assets, which may include one or more investments, are sold to third-party buyers. This element can be used by entities to aggregate proceeds from all asset sales that are classified as investing activities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Basis of Presentation and Summary of Significant Accounting Policies |
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| Basis of Presentation and Summary of Significant Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Basis of Presentation and Summary of Significant Accounting Policies |
Background Berry Global Group, Inc. (“Berry,” “we,” or the “Company”) is a leading global supplier of a broad range of innovative non-woven, flexible, and rigid products used every day within consumer and industrial end markets. Basis of Presentation Periods presented in these financial statements include fiscal periods ending September 29, 2018 (“fiscal 2018”), September 30, 2017 (“fiscal 2017”), and October 1, 2016 (“fiscal 2016”). The Company has recast certain prior period amounts to conform to current reporting. The Company’s customers are located principally throughout the U.S., without significant concentration with any one customer. The Company performs periodic credit evaluations of its customers’ financial condition and generally does not require collateral. Fiscal 2018 and fiscal 2017 were fifty-two week periods, and fiscal 2016 was a fifty-three week period. The Company has evaluated subsequent events through the date the financial statements were issued. The consolidated financial statements include the accounts of Berry and its subsidiaries, all of which includes our wholly owned and majority owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. Where our ownership of consolidated subsidiaries is less than 100% the non-controlling interests are reflected in Non-controlling interest. Revenue Recognition Revenue from the sales of products is recognized at the time title and risks and rewards of ownership pass to the customer, there is persuasive evidence of an arrangement, the sales price is fixed and determinable and collection is reasonably assured. Provisions for certain rebates, sales incentives, trade promotions, coupons, product returns and discounts to customers are accounted for as reductions in gross sales to arrive at net sales. In accordance with the Revenue Recognition standards of the Accounting Standards Codification (“Codification” or “ASC”), the Company provides for these items as reductions of revenue at the later of the date of the sale or the date the incentive is offered. These provisions are based on estimates derived from current program requirements and historical experience. Shipping, handling, purchasing, receiving, inspecting, warehousing, and other costs of distribution are presented in Cost of goods sold in the Consolidated Statements of Income. The Company classifies amounts charged to its customers for shipping and handling in Net sales in the Consolidated Statements of Income. Purchases of Raw Materials and Concentration of Risk The Company’s most significant raw material used in the production of its products is plastic resin. The largest supplier of the Company’s total resin material requirements represented approximately 16% of purchases in fiscal 2018. The Company uses a variety of suppliers to meet its resin requirements. Research and Development Research and development costs are expensed when incurred. The Company incurred research and development expenditures of $45 million, $45 million, and $48 million in fiscal 2018, 2017, and 2016, respectively. Share-Based Compensation The Company utilizes the Black-Scholes option valuation model for estimating the fair value of stock options and amortizes the estimated fair value on a straight-line basis over the requisite service period. The share-based compensation plan is more fully described in Note 12. Foreign Currency For the non-U.S. subsidiaries that account in a functional currency other than U.S. Dollars, assets and liabilities are translated into U.S. Dollars using period-end exchange rates. Sales and expenses are translated at the average exchange rates in effect during the period. Foreign currency translation gains and losses are included as a component of Accumulated other comprehensive income (loss) within stockholders’ equity. Gains and losses resulting from foreign currency transactions are included in the Consolidated Statements of Income. Cash and Cash Equivalents All highly liquid investments purchased with a maturity of three months or less from the time of purchase are considered to be cash equivalents. Allowance for Doubtful Accounts The Company’s accounts receivable and related allowance for doubtful accounts are analyzed in detail on a quarterly basis and all significant customers with delinquent balances are reviewed to determine future collectability. The determinations are based on legal issues (such as bankruptcy status), past history, current financial and credit agency reports, and the experience of the credit representatives. Reserves are established in the quarter in which the Company makes the determination that the account is deemed uncollectible. The Company maintains additional reserves based on its historical bad debt experience. The following table summarizes the activity for fiscal years ended for the allowance for doubtful accounts:
Accounts Receivable Factoring Agreements The Company has entered into various factoring agreements, both in the U.S. and at a number of foreign subsidiaries, to sell certain receivables to unrelated third-party financial institutions. The Company accounts for these transactions in accordance with ASC 860, "Transfers and Servicing" ("ASC 860"). ASC 860 allows for the ownership transfer of accounts receivable to qualify for sale treatment when the appropriate criteria is met, which permits the Company to present the balances sold under the program to be excluded from Accounts receivable, net on the Consolidated Balance Sheets. Receivables are considered sold when (i) they are transferred beyond the reach of the Company and its creditors, (ii) the purchaser has the right to pledge or exchange the receivables, and (iii) the Company has surrendered control over the transferred receivables. In addition, the Company provides no other forms of continued financial support to the purchaser of the receivables once the receivables are sold. There were no amounts outstanding from financial institutions related to U.S. based programs at September 29, 2018 or September 30, 2017. Gross amounts factored under these U.S. based programs at September 29, 2018 and September 30, 2017 were $162 million and $129 million, respectively. The fees associated with transfer of receivables for all programs were not material for any of the periods presented. Inventories Inventories are stated at the lower of cost or market and are valued using the first-in, first-out method. Management periodically reviews inventory balances, using recent and future expected sales to identify slow-moving and/or obsolete items. The cost of spare parts is charged to cost of goods sold when purchased. We evaluate our reserve for inventory obsolescence on a quarterly basis and review inventory on-hand to determine future salability. We base our determinations on the age of the inventory and the experience of our personnel. We reserve inventory that we deem to be not salable in the quarter in which we make the determination. We believe, based on past history and our policies and procedures, that our net inventory is salable. Inventory as of fiscal 2018 and 2017 was:
Property, Plant and Equipment Property, plant and equipment are stated at cost. Depreciation is computed primarily by the straight-line method over the estimated useful lives of the assets ranging from 15 to 40 years for buildings and improvements, 2 to 20 years for machinery, equipment, and tooling, and over the term of the agreement for capital leases. Leasehold improvements are depreciated over the shorter of the useful life of the improvement or the lease term. Repairs and maintenance costs are charged to expense as incurred. The Company capitalized interest of $9 million, $7 million, and $6 million in fiscal 2018, 2017, and 2016, respectively. Property, plant and equipment as of fiscal 2018 and 2017 was:
Long-lived Assets Long-lived assets, including property, plant and equipment and definite lived intangible assets are reviewed for impairment in accordance with ASC 360, "Property, Plant and Equipment," whenever facts and circumstances indicate that the carrying amount may not be recoverable. Specifically, this process involves comparing an asset’s carrying value to the estimated undiscounted future cash flows the asset is expected to generate over its remaining life. If this process were to result in the conclusion that the carrying value of a long-lived asset would not be recoverable, a write-down of the asset to fair value would be recorded through a charge to operations. Fair value is determined based upon discounted cash flows or appraisals as appropriate. Long-lived assets that are held for sale are reported at the lower of the assets’ carrying amount or fair value less costs related to the assets’ disposition. We recorded impairment charges totaling $2 million and $3 million to property, plant and equipment assets to their net realizable valuables in connection with facility shutdowns during fiscal years 2017 and 2016, respectively. Impairment charges are recorded in Other expense (income), net in the Consolidated Statements of Income. There were no impairments in fiscal 2018. Goodwill The Company follows the principles provided by ASC 350, "Intangibles - Goodwill and Other." Goodwill is not amortized but rather reviewed annually for impairment. The Company performed its annual impairment evaluation on the first day of the fourth fiscal quarter. For purposes of conducting our annual goodwill impairment test, the Company determined that we have seven reporting units, Health, Hygiene & Specialties (“HHS”) – North America ("NA"), HHS – South America ("SA"), HHS – Europe ("EU"), HHS – Asia ("AS"), Consumer Packaging, Engineered Materials, and Tapes. We determined that each of the components within our respective reporting units should be aggregated for our Consumer Packaging, Engineered Materials and Tapes reporting units. We reached this conclusion because within each of these three reporting units, we have similar products, management oversight, production processes, markets served, and/or common geographic region which allow us to share resources across the product lines. We regularly re-align our production equipment and manufacturing facilities in order to take advantage of cost savings opportunities, obtain synergies and create manufacturing efficiencies. In addition, we utilize our research and development centers, design center, tool shops, and graphics center which all provide benefits to each of the reporting units and work on new products that can benefit multiple product lines. We also believe that the goodwill is recoverable from the overall operations of the unit given our synergies from leveraging the combined resources, common raw materials, common research and development, similar margins and similar distribution methodologies. In our HHS segment, we operate in four geographical regions where our management teams for each geography oversee the operations and allocate the resources across the entire region. In fiscal year 2018, the Company applied the qualitative assessment and concluded that it was more likely than not that the fair value of each reporting unit exceeded the carrying amount except for the HHS-SA reporting unit due to continued macroeconomic pressures in South America. The Company completed step one in fiscal 2018, which concluded the fair value of the HHS-SA reporting unit exceeded its carrying value by 11% and thus no impairment was recorded. However, future declines in valuation market multiples, sustained lower earnings, or macroeconomic challenges could impact future impairment tests. In fiscal year 2017, the Company applied the qualitative assessment and concluded that it was more likely than not that the fair value of each reporting unit exceeded the carrying amount except for the HHS-SA and HHS-AS reporting units due to prior year quantitative tests performed and macroeconomic pressures in South America. The Company completed step one in fiscal 2017, which concluded the fair value of the HHS-SA and HHS-AS reporting units exceeded their carrying value by 9% and 49%, respectively, and thus no impairment was recorded. In fiscal year 2016, due to the segment realignment, the Company opted to perform a step one quantitative evaluation in accordance with ASC 350 to establish a baseline for the fair value of each reporting unit. The Company utilizes a combination of the discounted cash flow analysis and comparable company valuation methods to determine the fair values of its reporting units in accordance with ASC 820. The Company determined that the fair value of each reporting unit exceeded its carrying amount. The Company has recognized cumulative goodwill impairment charges of $165 million, which occurred in fiscal 2011. The changes in the carrying amount of goodwill by reportable segment are as follows:
Deferred Financing Fees Deferred financing fees are amortized to interest expense using the effective interest method over the lives of the respective debt agreements. Pursuant to ASC 835-30 the Company presents $43 million of debt issuance and deferred financing costs on the balance sheet as a deduction from the carrying amount of the related debt liability instead of a deferred charge. Intangible Assets Customer relationships are being amortized using an accelerated amortization method which corresponds with the customer attrition rates used in the initial valuation of the intangibles over the estimated life of the relationships which range from 5 to 15 years. Definite lived trademarks are being amortized using the straight-line method over the estimated life of the asset which is not more than 15 years. Other intangibles, which include technology and licenses, are being amortized using the straight-line method over the estimated life of the asset which ranges from 5 to 14 years. The Company evaluates the remaining useful life of intangible assets on a periodic basis to determine whether events and circumstances warrant a revision to the remaining useful life. Certain trademarks that are expected to remain in use, which are indefinite lived intangible assets, are required to be reviewed for impairment annually. The Company has trademarks that total approximately $248 million that are indefinite lived and we test annually for impairment on the first day of the fourth quarter. We completed the annual impairment test of our indefinite lived trade names utilizing the relief from royalty method and noted no impairment in fiscal 2018, 2017 and 2016.
Insurable Liabilities The Company records liabilities for the self-insured portion of workers’ compensation, health, product, general and auto liabilities. The determination of these liabilities and related expenses is dependent on claims experience. For most of these liabilities, claims incurred but not yet reported are estimated based upon historical claims experience. Income Taxes The Company accounts for income taxes under the asset and liability approach, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequence of events that have been recognized in the Company’s financial statements or income tax returns. Income taxes are recognized during the period in which the underlying transactions are recorded. Deferred taxes, with the exception of non-deductible goodwill, are provided for temporary differences between amounts of assets and liabilities as recorded for financial reporting purposes and such amounts as measured by tax laws. If the Company determines that a deferred tax asset arising from temporary differences is not likely to be utilized, the Company will establish a valuation allowance against that asset to record it at its expected realizable value. The Company recognizes uncertain tax positions when it is more likely than not that the tax position will be sustained upon examination by relevant taxing authorities, based on the technical merits of the position. The amount recognized is measured as the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement. The Company’s effective tax rate is dependent on many factors including: the impact of enacted tax laws in jurisdictions in which the Company operates; the amount of earnings by jurisdiction, due to varying tax rates in each country; and the Company’s ability to utilize foreign tax credits related to foreign taxes paid on foreign earnings that will be remitted to the U.S. Comprehensive Income (Loss) Comprehensive income (loss) is comprised of net income and other comprehensive income (loss). Other comprehensive losses include net unrealized gains or losses resulting from currency translations of foreign subsidiaries, changes in the value of our derivative instruments and adjustments to the pension liability. The accumulated balances related to each component of other comprehensive income (loss) were as follows:
Accrued Rebates The Company offers various rebates to customers based on purchases. These rebate programs are individually negotiated with customers and contain a variety of different terms and conditions. Certain rebates are calculated as flat percentages of purchases, while others included tiered volume incentives. These rebates may be payable monthly, quarterly, or annually. The calculation of the accrued rebate balance involves management estimates, especially where the terms of the rebate involve tiered volume levels that require estimates of expected annual sales. These provisions are based on estimates derived from current program requirements and historical experience. The accrual for customer rebates was $58 million and $58 million at the end of fiscal 2018 and 2017, respectively and is included in Accrued expenses and other current liabilities. Pension Pension benefit costs include assumptions for the discount rate, retirement age, and expected return on plan assets. Retiree medical plan costs include assumptions for the discount rate, retirement age, and health-care-cost trend rates. Periodically, the Company evaluates the discount rate and the expected return on plan assets in its defined benefit pension and retiree health benefit plans. In evaluating these assumptions, the Company considers many factors, including an evaluation of the discount rates, expected return on plan assets and the health-care-cost trend rates of other companies; historical assumptions compared with actual results; an analysis of current market conditions and asset allocations; and the views of advisers. Net Income Per Share The Company calculates basic net income per share based on the weighted-average number of outstanding common shares. The Company calculates diluted net income per share based on the weighted-average number of outstanding common shares plus the effect of dilutive securities. Use of Estimates The preparation of the financial statements in conformity with U.S. generally accepted accounting principles requires management to make extensive use of estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities and the reported amounts of sales and expenses. Actual results could differ materially from these estimates. Changes in estimates are recorded in results of operations in the period that the event or circumstances giving rise to such changes occur. Recently Issued Accounting Pronouncements Revenue Recognition In May 2014, the Financial Accounting Standards Board (FASB) issued a final standard on revenue recognition. Under the new standard, an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In order to do so, an entity would follow the five-step process for in-scope transactions: 1) identify the contract with a customer, 2) identify the separate performance obligations in the contract, 3) determine the transaction price, 4) allocate the transaction price to the separate performance obligations in the contract, and 5) recognize revenue when (or as) the entity satisfies a performance obligation. For public entities, the provisions of the new standard are effective for annual reporting periods beginning after December 15, 2017 and interim periods therein. An entity can apply the new revenue standard on a full retrospective approach to each prior reporting period presented or on a modified retrospective approach with the cumulative effect of initially applying the standard recognized at the date of initial application in retained earnings. The Company conducted an evaluation of contracts with key customers and the provisions under the five-step model specified by the new standard. The majority of the Company’s revenue transactions consist of a single performance obligation to transfer promised goods for which revenue will be recorded consistently under both existing GAAP and the new standard. The Company evaluated whether the adoption may require acceleration of revenue for products produced by the Company without an alternative use and when the Company would have a legally enforceable right of payment. Based on the Company's contract reviews, relevant laws, operational interviews, and other procedures, the Company concluded that the acceleration of revenue is required on a small number of contracts, the effects of which are not material. Accordingly, the new standard does not have a material effect on the Company's financial statements. However, adoption of the new standard will result in expanded revenue disclosures beginning in fiscal 2019. The Company plans to adopt the new standard which will be effective for the Company beginning in fiscal 2019 using the modified retrospective approach. Leases In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Under the new standard, the lessee of an operating lease will be required to do the following: 1) recognize a right-of-use asset and a lease liability in the statement of financial position, 2) recognize a single lease cost allocated over the lease term generally on a straight-line basis, and 3) classify all cash payments within operating activities on the statement of cash flows. Companies may adopt this standard using a modified retrospective approach or by applying a prospective approach with a cumulative-effect adjustment in the opening balance of retained earnings in the period of adoption. Amendments in this standard are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the impact of this standard, which will not be effective for the Company until fiscal 2020. Retirement Benefits In March 2017, the FASB issued ASU 2017-07, Compensation – Retirement Benefits (Topic 715), Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, which requires employers to report the service cost component in the same line item as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations. If a separate line item is not used to present the other components of net benefit cost, then the line item used in the income statement to present the other components of net benefit cost must be disclosed. The new standard is effective for interim and annual periods beginning after December 15, 2017 and should be applied on a retrospective basis. Early adoption is permitted. The Company does not expect the adoption of this standard to have a material impact on our disclosures. Hedges In August 2017, the FASB issued ASU 2017-12, Targeted Improvements to Accounting for Hedging Activities in order to more closely align the results of hedge accounting with risk management activities through changes to the designation and measurement standard. The new standard is effective for interim and annual periods beginning after December 15, 2018. The effect of adoption should be reflected on all active hedges as of the beginning of the fiscal year of adoption. Early adoption is permitted. The Company has chosen to early adopt this standard for fiscal 2018, and did not experience a material impact on any of its active hedges. Fair Value In August 2018, the FASB issued ASU 2018-13, Changes to the Disclosure Requirements for Fair Value Measurement. The new standard modifies disclosure requirements including removing requirements to disclose the valuation process for Level 3 measurements and adding requirements to disclose the changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements and the range and weighted average of significant unobservable inputs used to develop Level 3 measurements. The new standard is effective for interim and annual periods beginning after December 15, 2019. The Company is currently evaluating the impact of the adoption of this standard to our disclosures. Defined Benefit Plans In August 2018, the FASB issued ASU 2018-14, Changes to the Disclosure Requirements for Defined Benefit Plans. The new standard removes requirements to disclose the amounts in accumulated other comprehensive income expected to be recognized as components of net periodic benefit cost over the next fiscal year and the effects of a one-percentage-point changes in assumed health care cost trend rates. The standard also adds requirements to disclose the reasons for significant gains and losses related to changes in the benefit obligations for the period and the accumulated benefit obligation (ABO) for plans with ABOs in excess of plan assets. The new standard will be effective for fiscal years ending after December 15, 2020. The Company is currently evaluating the impact of the adoption of this standard to our disclosures. |
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- References No definition available.
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- Definition The entire disclosure for the organization, consolidation and basis of presentation of financial statements disclosure, and significant accounting policies of the reporting entity. May be provided in more than one note to the financial statements, as long as users are provided with an understanding of (1) the significant judgments and assumptions made by an enterprise in determining whether it must consolidate a VIE and/or disclose information about its involvement with a VIE, (2) the nature of restrictions on a consolidated VIE's assets reported by an enterprise in its statement of financial position, including the carrying amounts of such assets, (3) the nature of, and changes in, the risks associated with an enterprise's involvement with the VIE, and (4) how an enterprise's involvement with the VIE affects the enterprise's financial position, financial performance, and cash flows. Describes procedure if disclosures are provided in more than one note to the financial statements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Acquisitions |
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| Acquisitions [Abstract] | ||||||||||||||||||||||||||||||
| Acquisitions |
Laddawn, Inc. In August 2018, the Company acquired Laddawn, Inc. ("Laddawn") for a purchase price of $242 million, which is preliminary and subject to adjustment. Laddawn is a custom bag and film manufacturer with a unique-to-industry e-commerce sales platform. The acquired business is operated in our Engineered Materials segment. To finance the purchase, the Company used existing liquidity. The acquisition has been accounted for under the purchase method of accounting and accordingly, the purchase price has been allocated to the identifiable assets and liabilities based on preliminary estimates of fair value at the acquisition date. The results of Laddawn have been included in the consolidated results of the Company since the date of the acquisition. The Company has not finalized the allocation of the purchase price to the fair value of the assets acquired and liabilities assumed. The assets acquired and liabilities assumed consisted of working capital of $26 million, property and equipment of $39 million, intangible assets of $95 million, and goodwill of $82 million. The Company has recognized goodwill on this transaction primarily as a result of expected cost synergies, and expects goodwill to be deductible for tax purposes. Clopay Plastic Products Company, Inc. In February 2018, the Company acquired Clopay Plastic Products Company, Inc. ("Clopay") for a purchase price of $475 million, which is preliminary and subject to adjustment. Clopay is an innovator in the development of printed breathable films, elastic films, and laminates with product offerings uniquely designed for applications used in a number of markets including: hygiene, healthcare, construction and industrial protective apparel. The acquired business is operated within our Health, Hygiene & Specialties segment. To finance the purchase, the Company issued $500 million aggregate principal amount of 4.5% second priority notes through a private placement offering. The acquisition has been accounted for under the purchase method of accounting, and accordingly, the purchase price has been allocated to the identifiable assets and liabilities based on preliminary fair values at the acquisition date. The results of Clopay have been included in the consolidated results of the Company since the date of the acquisition. The Company has not finalized the allocation of the purchase price to the fair value of deferred taxes (including the assessment of uncertain tax positions), fixed assets, and certain working capital accounts. The Company has recognized goodwill on this transaction primarily as a result of expected cost synergies, and expects goodwill to be deductible for tax purposes. The following table summarizes the preliminary purchase price allocation and estimated fair values of the assets acquired and liabilities assumed at the date of the acquisition:
Adchem Corp In June 2017, the Company acquired Adchem Corp's (“Adchem”) tapes business for a purchase price of $49 million. Adchem is a leader in the development of high performance adhesive tape systems for the automotive, construction, electronics, graphic arts, medical and general tape markets. The acquired business is operated in our Engineered Materials segment. To finance the purchase, the Company used existing liquidity. The acquisition has been accounted for under the purchase method of accounting and accordingly, the purchase price has been allocated to the identifiable assets and liabilities based on fair value estimates as of the acquisition date. The assets and assumed liabilities consisted of working capital of $10 million, property and equipment of $2 million, intangible assets of $22 million, and goodwill of $15 million. The Company has recognized goodwill on this transaction primarily as a result of expected cost synergies, and expects goodwill to be deductible for tax purposes. AEP Industries Inc. In January 2017, the Company acquired AEP Industries Inc. (“AEP”) for a purchase price of $791 million, net of cash acquired. A portion of the purchase price consisted of issuing 6.4 million of Berry common shares which were valued at $324 million at the time of closing. AEP manufactures and markets an extensive and diverse line of polyethylene and polyvinyl chloride flexible plastic packaging products for consumer, industrial, and agricultural applications. The acquired business is operated in our Engineered Materials segment. To finance the purchase, the Company entered into an incremental assumption agreement to increase the commitments under the Company's existing term loan credit agreement by $500 million due 2024. When including AEP results for periods prior to the acquisition date, unaudited pro forma net sales were $7.4 billion and $7.6 billion for fiscal 2017 and fiscal 2016, respectively. Unaudited pro forma net income was $338 million and $250 million for fiscal 2017 and fiscal 2016, respectively. The unaudited pro forma net sales and net income assume that the acquisition had occurred as of the beginning of the period. The unaudited pro forma information presented above is for informational purposes only and is not necessarily indicative of the operating results that would have occurred had the AEP acquisition been consummated at the beginning of the period, nor is it necessarily indicative of future operating results. Further, the information reflects only pro forma adjustments for additional interest expense, depreciation, and amortization, net of the applicable income tax effects. |
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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Long-Term Debt |
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| Long-Term Debt |
Long-term debt consists of the following:
Fiscal 2018 Activity In January 2018, the Company issued $500 million aggregate principal amount of 4.50% second priority senior secured notes due 2026. Interest on these notes is due semiannually in February and August. The Company recognized $4 million of debt discount related to this offering. The net proceeds were used to fund the Clopay acquisition. Berry Global, Inc. Senior Secured Credit Facility Our wholly owned subsidiary Berry Global, Inc.’s senior secured credit facilities consist of $3.7 billion of term loans and a $750 million asset-based revolving line of credit. The availability under the revolving line of credit is the lesser of $750 million or based on a defined borrowing base which is calculated based on available accounts receivable and inventory. Based on market conditions, from time to time, the Company may reprice existing term loans in order to lower interest rates. As a result of repricing activities, the term loans with a maturity date of February 2020 and January 2021 bear interest at LIBOR plus 1.75%. The term loans with a maturity date of October 2022 and January 2024 bear interest at LIBOR plus 2.00%. Related to these repricings, the Company recorded a loss on debt extinguishment of $2 million, $10 million, and $4 million in fiscal 2018, 2017, and 2016, respectively, in Other expense (income), net in the Consolidated Statements of Income. The term loan facility requires minimum quarterly principal payments, with the remaining amount payable upon maturity. The Company may voluntarily repay outstanding loans under the senior secured credit facilities at any time without premium or penalty, other than customary “breakage” costs with respect to eurodollar loans. All obligations under the senior secured credit facilities are unconditionally guaranteed by the Company and, subject to certain exceptions, each of the Company’s existing and future direct and indirect domestic subsidiaries. The guarantees of those obligations are secured by substantially all of the Company’s assets as well as those of each domestic subsidiary guarantor. During fiscal 2018, the Company made $335 million of repayments on long-term borrowings using existing liquidity. Despite not having financial maintenance covenants, our debt agreements contain certain negative covenants. We are in compliance will all covenants as of September 29, 2018. The failure to comply with these negative covenants could restrict our ability to incur additional indebtedness, effect acquisitions, enter into certain significant business combinations, make distributions or redeem indebtedness. Future maturities of long-term debt as of fiscal year end 2018 are as follows:
Interest paid was $253 million, $288 million, and $276 million in fiscal 2018, 2017, and 2016, respectively. Debt discounts and deferred financing fees are presented net of Long-term debt, less the current portion in the Consolidated Balance Sheet and are amortized to Interest expense through maturity. |
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- References No definition available.
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- Definition The entire disclosure for long-term debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Financial Instruments and Fair Value Measurements |
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| Financial Instruments and Fair Value Measurements |
In the normal course of business, the Company is exposed to certain risks arising from business operations and economic factors. The Company may use derivative financial instruments to help manage market risk and reduce the exposure to fluctuations in interest rates and foreign currencies. These financial instruments are not used for trading or other speculative purposes. For those derivative instruments that are designated and qualify as hedging instruments, the Company must designate the hedging instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge, or a hedge of a net investment in a foreign operation. To the extent hedging relationships are found to be effective, as determined by FASB guidance, changes in the fair value of the derivatives are offset by changes in the fair value of the related hedged item and recorded to Accumulated other comprehensive loss. Any identified ineffectiveness, or changes in the fair value of a derivative not designated as a hedge, are recorded to the Consolidated Statements of Income. Cross-Currency Swaps In November 2017, the Company entered into certain cross-currency swap agreements with a notional amount of 250 million euro to effectively convert a portion of our fixed-rate U.S. dollar denominated term loans, including the monthly interest payments, to fixed-rate euro denominated debt. The swap agreements mature in May 2022. The risk management objective is to manage foreign currency risk relating to net investments in certain European subsidiaries denominated in foreign currencies and reduce the variability in the functional currency cash flows of a portion of the Company’s term loans. Changes in fair value of the derivative instruments are recognized in a component of Accumulated other comprehensive loss, to offset the changes in the values of the net investments being hedged. Interest Rate Swaps The primary purpose of the Company’s interest rate swap activities is to manage interest expense variability associated with our outstanding variable rate term loan debt. When valuing interest rate swaps the Company utilizes Level 2 inputs (substantially observable). In February 2013, the Company entered into a $1 billion interest rate swap transaction with an effective date of May 2016 and expiration in May 2019. In June 2013, the Company elected to settle this derivative instrument and received $16 million as a result of this settlement. The offset is included in Accumulated other comprehensive loss and is being amortized to Interest expense from May 2016 through May 2019, the original term of the swap agreement. During fiscal 2017 the Company modified various term loan rates and maturities. In conjunction with these modifications the Company realigned existing swap agreements which resulted in the de-designation of the original hedge and re-designation of the modified swaps as an effective cash flow hedges. The amounts included in Accumulated other comprehensive loss at the date of de-designation are being amortized to Interest expense through the terms of the original swaps. In June 2018, the Company elected to settle two of its derivative instruments with expiration dates in June 2019 and September 2021, and received $9 million and $21 million, respectively. The offset is included in Accumulated other comprehensive loss and is being amortized to Interest expense through the original expiration dates for of each of the swap agreements. The Company also entered into a $1 billion interest rate swap transaction that swaps a one-month variable LIBOR contract for a fixed annual rate of 2.808% with an effective date of June 2018 and expiration in September 2021. As of fiscal 2018, the Company effectively had (i) a $450 million interest rate swap transaction that swaps a one-month variable LIBOR contract for a fixed annual rate of 2.000% with an effective date in May 2017 and expiration in May 2022 and (ii) a $1 billion interest rate swap transaction that swaps a one-month variable LIBOR contract for a fixed annual rate of 2.808% with an effective date in June 2018 and expiration in September 2021. The Company records the fair value positions of all derivative financial instruments on a net basis by counterparty for which a master netting arrangement is utilized. Balances on a gross basis are as follows;
The effect of the Company’s derivative instruments on the Consolidated Statements of Income is as follows:
The amortization related to unrealized losses in Accumulated other comprehensive loss is expected to be $11 million in the next 12 months. The Company’s financial instruments consist primarily of cash and cash equivalents, long-term debt, interest rate swap agreements and capital lease obligations. The fair value of our long-term indebtedness exceeded book value by $5 million as of fiscal 2018, and $81 million as of fiscal 2017. The Company’s long-term debt fair values were determined using Level 2 inputs as other significant observable inputs were not available. Non-recurring Fair Value Measurements The Company has certain assets that are measured at fair value on a non-recurring basis when impairment indicators are present or when the Company completes an acquisition. See Note 2 for discussion of our acquisitions and the non-recurring fair value measurement considerations that were utilized in the purchase price allocation. The Company adjusts certain long-lived assets to fair value only when the carrying values exceed the fair values. The categorization of the framework used to value the assets is considered Level 3, due to the subjective nature of the unobservable inputs used to determine the fair value. These assets that are subject to our annual impairment analysis primarily include our definite lived and indefinite lived intangible assets, including Goodwill and our property, plant and equipment. The Company reviews Goodwill and other indefinite lived assets for impairment as of the first day of the fourth fiscal quarter each year, and more frequently if impairment indicators exist. The Company determined Goodwill and other indefinite lived assets were not impaired in our annual fiscal 2018, 2017, and 2016 assessments. Included in the following tables are the major categories of assets and their current carrying values that were measured at fair value on a non-recurring basis in the current year, along with the impairment loss recognized on the fair value measurement for the fiscal years then ended:
Valuation of Goodwill and Indefinite Lived Intangible Assets ASC Topic 350 requires the Company to test goodwill for impairment at least annually. The Company conducted the impairment test on the first day of the fourth fiscal quarter, unless indications of impairment exist during an interim period. When assessing its goodwill for impairment, the Company utilizes a comparable company market approach weighted equally with a discounted cash flow analysis to determine the fair value of their reporting units and corroborate the fair values. The Company utilizes a relief from royalty method to value their indefinite lived trademarks and uses the forecasts that are consistent with those used in the reporting unit analysis (Note 1). Valuation of Property, Plant and Equipment and Definite Lived Intangible Assets The Company periodically realigns their manufacturing operations which results in facilities being closed and shut down and equipment transferred to other facilities or equipment being scrapped or sold. The Company utilizes appraised values to corroborate the fair value of the facilities and has utilized a scrap value based on prior facility shut downs to estimate the fair value of the equipment, which has approximated the actual value that was received. When impairment indicators exist, the Company will also perform an undiscounted cash flow analysis to determine the recoverability of the Company’s long-lived assets. The Company incurred impairment charges of $2 million and $3 million related to property, plant and equipment in fiscal years 2017 and 2016, respectively. The Company did not incur an impairment charge on definite lived intangible assets in fiscal 2018, 2017, or 2016. |
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- References No definition available.
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- Definition The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Goodwill and Intangible Assets |
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| Goodwill and Intangible Assets |
The following table sets forth the gross carrying amount and accumulated amortization of the Company’s goodwill and intangible assets as of the fiscal year end:
Future amortization expense for definite lived intangibles as of fiscal 2018 for the next five fiscal years is $157 million, $145 million, $133 million, $121 million, and $110 million each year for fiscal years ending 2019, 2020, 2021, 2022, and 2023, respectively. |
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- References No definition available.
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- Definition The entire disclosure for goodwill and intangible assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Lease and Other Commitments and Contingencies |
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| Lease and Other Commitments and Contingencies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lease and Other Commitments and Contingencies |
The Company leases certain property, plant and equipment under long-term lease agreements. Property, plant, and equipment under capital leases are reflected on the Company’s balance sheet in property and equipment. The Company entered into new capital lease obligations totaling $31 million, $5 million, and $51 million during fiscal 2018, 2017, and 2016, respectively, with various lease expiration dates through 2027. The Company records amortization of capital leases in Cost of goods sold in the Consolidated Statement of Income. Assets under operating leases are not recorded on the Company’s balance sheet. Operating leases expire at various dates in the future with certain leases containing renewal options. The Company had minimum lease payments or contingent rentals of $29 million and $27 million and asset retirement obligations of $10 million and $9 million as of fiscal 2018 and 2017, respectively. Total rental expense from operating leases was $72 million, $67 million, and $60 million in fiscal 2018, 2017, and 2016, respectively. Future minimum lease payments for capital leases and non-cancellable operating leases with initial terms in excess of one year as of fiscal year end 2018 are as follows:
The Company has entered into a series of sale-leaseback transactions, pursuant to which it sold certain facilities and is leasing these facilities back. The Company has a total deferred gain on these sale-leaseback transactions of $21 million at the end of fiscal 2018, and is amortizing this over the respective lease of the facility. The Company also has various purchase commitments for raw materials, supplies and property and equipment incidental to the ordinary conduct of business. Litigation The Company is party to various legal proceedings in addition to the above involving routine claims which are incidental to its business. Although the Company’s legal and financial liability with respect to such proceedings cannot be estimated with certainty, the Company believes that any ultimate liability would not be material to its financial position, results of operations or cash flows. Collective Bargaining Agreements At the end of fiscal 2018, we employed approximately 24,000 employees, and approximately 18% of those employees are covered by collective bargaining agreements. The majority of these agreements are due for renegotiation in fiscal 2019. Our relations with employees under collective bargaining agreements remain satisfactory and there have been no significant work stoppages or other labor disputes during the past three years. |
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- References No definition available.
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- Definition The entire disclosure for commitments and contingencies. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities |
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| Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities |
The following table sets forth the totals included in Accrued expenses and other current liabilities as of fiscal year end.
The following table sets forth the totals included in Other long-term liabilities as of fiscal year end.
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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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Income Taxes |
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| Income Taxes [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Taxes |
The Company is being taxed at the U.S. corporate level as a C-Corporation and has provided U.S. Federal, State and foreign income taxes. In December 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”). The Tax Act significantly revises the future ongoing U.S. corporate income tax by, among other things, lowering U.S. corporate income tax rates. As the Company has a September fiscal year-end, the lower corporate income tax rate will be phased in during fiscal 2018 and will be 21% in subsequent years. Partially offsetting the lower corporate income tax, the Tax Act also eliminates certain domestic deductions that were previously included in our estimated annual tax rate. As part of the transition to the new tax system, the Tax Act (i) imposes a one-time repatriation tax on deemed repatriation of historical earnings of foreign subsidiaries; (ii) requires the Company revalue our U.S. net deferred tax liability position to the lower federal base rate of 21% and (iii) imposes a tax on global intangible low-taxed income provisions (“GILTI”), which is applicable beginning in fiscal 2019. Given the complexity of the GILTI provisions, we are still evaluating its effects and have not yet determined our accounting policy. The transitional impacts of the Tax Act resulted in a transition benefit of $124 million in fiscal 2018, which includes an estimated repatriation tax charge of $21 million (comprised of the U.S. repatriation taxes and foreign withholding taxes) and an estimated net benefit of $145 million from all other changes, including the estimated benefit from revaluing deferred taxes to the lower rate. The impact of the corporate income tax net reduction along with the transitional taxes were recorded to the Consolidated Statements of Income. The ultimate impacts of the Tax Act may differ from the provisional amount due to, among other things, additional analysis, changes in interpretations and assumptions the Company has made, additional regulatory guidance that may be issued, and actions the Company may take as a result of the Tax Act. The accounting is expected to be complete by the end of our first quarter of fiscal 2019. Significant components of income tax expense for the fiscal years ended are as follows:
U.S. income from continuing operations before income taxes was $373 million, $313 million, and $168 million for fiscal 2018, 2017, and 2016, respectively. Non-U.S. income from continuing operations before income taxes was $104 million, $136 million, and $140 million for fiscal 2018, 2017, and 2016, respectively. The reconciliation between U.S. Federal income taxes at the statutory rate and the Company’s benefit for income taxes on continuing operations for fiscal year end is follows:
Deferred income taxes result from temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes. The components of the net deferred income tax liability as of fiscal year end are as follows:
As of September 29, 2018, the Company had $31 million of net deferred tax assets recorded in Other assets, and $365 million of net deferred tax liabilities recorded in Deferred income taxes on the Consolidated Balance Sheets. After Internal Revenue Code Section 382 (“Section 382”) limitations, the Company has $357 million of U.S. federal net operating loss carryforwards as of fiscal 2018, which will be available to offset future taxable income. As of fiscal year end 2018, the Company had state and foreign net operating loss carryforwards of $1,114 million and $322 million, respectively, which will be available to offset future taxable income. If not used, the federal net operating loss carryforwards will expire in future years beginning 2024 through 2035. As a result of the elimination of AMT in the Tax Act, the Company's current AMT credit carryforwards totaling $8 million are available through the 2022 tax year to reduce those years’ federal income taxes, after which any unclaimed balance becomes fully refundable. The state net operating loss carryforwards will expire in future years beginning in 2018 through 2036. The foreign net operating loss carryforwards will expire in future years beginning in 2018 while a portion remains available indefinitely. The Company has $13 million of state Research and Development tax credits that will expire in future years beginning 2027 through 2037. In addition, the Company has $10 million of other state tax credits that will expire in future years beginning in 2019 through 2020. In connection with the initial public offering, the Company entered into an income tax receivable agreement that provides for the payment to pre-initial public offering stockholders, option holders and holders of our stock appreciation rights, 85% of the amount of cash savings, if any, in U.S. federal, foreign, state and local income tax that are actually realized (or are deemed to be realized in the case of a change of control) as a result of the utilization of our and our subsidiaries’ net operating losses attributable to periods prior to the initial public offering. Based on the Company's assumptions using various items, including valuation analysis and current tax law, the Company recorded an obligation of $313 million which was recognized as a reduction of Paid-in capital on the Consolidated Balance Sheets. The Company made payments of $37 million, $111 million, and $57 million in fiscal years 2018, 2017, and 2016, respectively. The balance at the end of fiscal 2018 was $39 million, and the Company made its fiscal 2019 payment of $16 million in October 2018. The Company believes that it will not generate sufficient future taxable income to realize the tax benefits in certain foreign jurisdictions related to the deferred tax assets. The Company also has certain state net operating losses that may expire before they are fully utilized. Therefore, the Company has provided a valuation allowance against certain of its foreign deferred tax assets and a valuation allowance against certain of its state deferred tax assets included within the deferred tax assets. The change in ownership of Avintiv created limitations under Sec. 382 of the Internal Revenue Code on annual usage of Avintiv's net operating loss carryforwards. All of the Company’s Federal net operating loss carryforwards should be available for use within the next 16 years and are not expected to expire unutilized. Prior to the Company's acquisition of Avintiv, Avintiv was subject to certain ownership changes that resulted in the effective loss of certain NOLs. The NOLs effectively lost have been excluded from the opening balance sheet of Avintiv. As part of the effective tax rate calculation, if we determine that a deferred tax asset arising from temporary differences is not likely to be utilized, we will establish a valuation allowance against that asset to record it at its expected realizable value. The Company has not provided a valuation allowance on its federal net operating loss carryforwards in the U.S. because it has determined that future reversals of its temporary taxable differences will occur in the same periods and are of the same nature as the temporary differences giving rise to the deferred tax assets. Our valuation allowance against deferred tax assets was $93 million as of the fiscal years ended 2018 and 2017, related to the foreign and U.S. state operations. The Company paid cash taxes of $60 million, $41 million, and $43 million in fiscal 2018, 2017, and 2016, respectively. The one-time repatriation tax, created with the passage of the Tax Act, is based on our total post-1986 earnings and profits (E&P) that we previously deferred from U.S. income taxes. We recorded a provisional amount for our one-time repatriation tax liability resulting in an increase in income tax expense of $21 million (comprised of the U.S. repatriation taxes and foreign withholding taxes). No additional income taxes have been provided for any remaining undistributed foreign earnings not subject to the transition tax, or any additional outside basis difference inherent in these entities, as these amounts continue to be indefinitely reinvested in foreign operations. Uncertain Tax Positions ASC 740 prescribes a recognition threshold of more-likely-than not to be sustained upon examination as it relates to the accounting for uncertainty in income taxes recognized in an enterprise's financial statements. The Company's policy is to include interest and penalties related to gross unrecognized tax benefits within our provision for income taxes. The following table summarizes the activity related to our gross unrecognized tax benefits for fiscal year end:
As of fiscal year end 2018, the amount of unrecognized tax benefits that, if recognized, would affect our effective tax rate was $72 million and we had $23 million accrued for payment of interest and penalties related to our uncertain tax positions. Our penalties and interest related to uncertain tax positions are included in income tax expense. We and our subsidiaries are routinely examined by various taxing authorities. Although we file U.S. federal, U.S. state, and foreign tax returns, our major tax jurisdiction is the U.S. The IRS has completed an examination of our 2003, 2010 and 2011 tax years. Our 2004 – 2009, and 2012 – 2016 tax years remain subject to examination by the IRS. Avintiv's pre-acquisition U.S. federal tax returns for the years 2004 – 2015 remain subject to examination by the IRS. Companhia Providência Indústria e Comércio (“Providência”) was subject to certain tax claims at the time Providência was acquired by Avintiv and have been accounted for in the financial statements as a deferred purchase price liability. There are various other on-going audits in various other jurisdictions that are not material to our financial statements. |
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- References No definition available.
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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Retirement Plans |
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| Retirement Plans [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Plans |
The Company maintains defined benefit pension plans globally, which cover certain manufacturing facilities. The Company also maintains retiree health plans, which cover certain healthcare and life insurance benefits for certain retired employees and their spouses. Each of the defined benefit and retiree health plans are frozen plans. The Company uses fiscal year end as a measurement date for the retirement plans. The Company also sponsors defined contribution 401(k) retirement plans covering substantially all employees. Contributions are based upon a fixed dollar amount for employees who participate and percentages of employee contributions at specified thresholds. Contribution expense for these plans was $20 million, $18 million, and $10 million for fiscal 2018, 2017, and 2016, respectively. The projected benefit obligations of the Company’s plans presented herein are equal to the accumulated benefit obligations of such plans. The net amount of liability recognized is included in Other long-term liabilities on the Consolidated Balance Sheets.
At the end of fiscal 2018 the Company had $31 million of net unrealized losses recorded in Accumulated other comprehensive loss on the Consolidated Balance Sheets. The Company expects $2 million to be realized in fiscal 2019, and the remaining to be recognized over the next 11 fiscal years. The following table presents significant weighted-average assumptions used to determine benefit obligation and benefit cost for the fiscal years ended:
In evaluating the expected return on plan assets, Berry considered its historical assumptions compared with actual results, an analysis of current market conditions, asset allocations, and the views of advisors. The return on plan assets is derived from target allocations and historical yield by asset type. Health-care-cost trend rates were assumed to increase at an annual rate of 7.0%. A one-percentage-point change in these assumed health care cost trend rates would not have a material impact on our postretirement benefit obligation. In accordance with the guidance from the FASB for employers’ disclosure about postretirement benefit plan assets the table below discloses fair values of each pension plan asset category and level within the fair value hierarchy in which it falls. There were no material changes or transfers between level 3 assets and the other levels, with the exception of the contribution of assets and conversion of the foreign defined benefit pension plan as described above.
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid for the fiscal year end:
Net pension and retiree health benefit expense included the following components as of fiscal year end:
Our defined benefit pension plan asset allocations as of fiscal year end are as follows:
The Company’s retirement plan assets are invested with the objective of providing the plans the ability to fund current and future benefit payment requirements while minimizing annual Company contributions. The retirement plans held $43 million of the Company’s stock at the end of fiscal 2018. The Company re-addresses the allocation of its investments on a regular basis. |
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- References No definition available.
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- Definition The entire disclosure for pension and other postretirement benefits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Restructuring and Impairment Charges |
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| Restructuring and Impairment Charges [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring and Impairment Charges |
The Company has announced various restructuring plans in the last three fiscal years which included shutting down facilities in all three of the Company’s operating segments. In all instances, the majority of the operations from rationalized facilities was transferred to other facilities within the respective division. During fiscal 2016, the Company shut down one facility in the Consumer Packaging division and announced the intention to shut down one additional Consumer Packaging facility. The two facilities accounted for approximately $36 million of annual net sales. During fiscal 2017, the Company shut down one facility in the Health, Hygiene & Specialties division, which accounted for approximately $5 million of annual net sales, and completed the previously announced facility shut down in the Consumer Packaging division, which accounted for approximately $12 million of annual net sales. During fiscal 2018, the Company shut down one facility in each of the Engineered Materials, Health, Hygiene & Specialties, and Consumer Packaging divisions, which accounted for approximately $10 million, $30 million, and $15 million of annual net sales, respectively. Since 2016, total expected costs attributed to restructuring programs total $95 million with $3 million remaining to be recognized in the future.
The tables below sets forth the significant components of the restructuring charges recognized for the fiscal years ended, by segment:
The table below sets forth the activity with respect to the restructuring charges and the impact on our accrued restructuring reserves:
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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Related Party Transactions |
12 Months Ended | ||
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Sep. 29, 2018 | |||
| Related Party Transactions [Abstract] | |||
| Related Party Transactions |
The Company made payments related to the income tax receivable agreement of $37 million and $111 million in fiscal 2018 and fiscal 2017, respectively. Apollo Global Management, LLC ("Apollo") received $89 million of the fiscal 2017 payment. Mr. Robert V. Seminara, a member of the Company’s Board of Directors, has been employed by Apollo since 2003. Mr. Evan Bayh, a member of the Company's Board of Directors, has been employed by Apollo since 2011. |
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Stockholders' Equity |
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| Stockholders' Equity [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity |
Share Repurchases In August 2018, the Company announced that its Board authorized a $500 million share repurchase program. Share repurchases will be made through open market purchases, privately negotiated transactions, Rule 10b5-1 plans, or other transactions in accordance with applicable securities laws and in such amounts at such times as we deem appropriate based upon prevailing market and business conditions and other factors. The share repurchase program has no expiration date and may be suspended at any time. During fiscal 2018, the Company repurchased approximately 731 thousand shares for $35 million, at an average price of $47.75. All share repurchases were immediately retired. Common stock was reduced by the number of shares retired at $0.01 par value per share. The Company allocates the excess purchase price over par value between additional paid-in capital and retained earnings. Equity Incentive Plans In fiscal 2018, the Company amended the 2015 Berry Global Group, Inc. Long-Term Incentive Plan to authorize the issuance of 12.5 million shares, an increase of 5 million shares from the previous authorization. The Company recognized total share-based compensation expense of $23 million, $20 million, and $20 million for fiscal 2018, 2017, and 2016, respectively. The intrinsic value of options exercised in fiscal 2018 was $35 million. Information related to the equity incentive plans as of the fiscal year end is as follows:
The fair value for options granted has been estimated at the date of grant using a Black-Scholes model, generally with the following weighted average assumptions:
For purposes of the valuation model in fiscal years 2018, 2017, and 2016, the Company used the simplified method due to the lack of historical data upon which to estimate the expected term. The following table summarizes information about the options outstanding as of fiscal 2018:
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Segment and Geographic Data |
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Sep. 29, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment and Geographic Data [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment and Geographic Data |
Berry’s operations are organized into three reportable segments: Consumer Packaging, Health, Hygiene & Specialties, and Engineered Materials. The structure is designed to align us with our customers, provide improved service, and drive future growth in a cost efficient manner. The Company has manufacturing and distribution centers in the U.S., Canada, Mexico, Belgium, France, Spain, United Kingdom, Italy, Germany, Brazil, Argentina, Colombia, Malaysia, India, China, and the Netherlands. The North American operation represents 82% of the Company’s net sales, 84% of total long-lived assets, and 84% of the total assets. Selected information by reportable segment is presented in the following tables:
Selected information by geography is presented in the following tables:
Selected information by product line is presented in the following tables:
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Net Income per Share |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income per Share [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income per Share |
Basic net income per share is calculated by dividing the net income attributable to common stockholders by the weighted-average number of common shares outstanding during the period, without consideration for common stock equivalents. Diluted net income per share is computed by dividing the net income attributable to common stockholders by the weighted-average number of common share equivalents outstanding for the period determined using the treasury-stock method and the if-converted method. For purposes of this calculation, stock options are considered to be common stock equivalents and are only included in the calculation of diluted net income per share when their effect is dilutive. There were no shares excluded from the calculations as the effect of their conversion into shares of our common stock would be antidilutive. The following tables and discussion provide a reconciliation of the numerator and denominator of the basic and diluted net income per share computations.
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The entire disclosure for earnings per share. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Guarantor and Non-Guarantor Financial Information |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Guarantor and Non-Guarantor Financial Information [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Guarantor and Non-Guarantor Financial Information |
Berry Global, Inc. (“Issuer”) has notes outstanding which are fully, jointly, severally, and unconditionally guaranteed by its parent, Berry Global Group, Inc. (for purposes of this Note, “Parent”) and substantially all of Issuer’s domestic subsidiaries. Separate narrative information or financial statements of the guarantor subsidiaries have not been included because they are 100% owned by Parent and the guarantor subsidiaries unconditionally guarantee such debt on a joint and several basis. A guarantee of a guarantor subsidiary of the securities will terminate upon the following customary circumstances: the sale of the capital stock of such guarantor if such sale complies with the indentures, the designation of such guarantor as an unrestricted subsidiary, the defeasance or discharge of the indenture or in the case of a restricted subsidiary that is required to guarantee after the relevant issuance date, if such guarantor no longer guarantees certain other indebtedness of the issuer. The guarantees of the guarantor subsidiaries are also limited as necessary to prevent them from constituting a fraudulent conveyance under applicable law and any guarantees guaranteeing subordinated debt are subordinated to certain other of the Company’s debts. Parent also guarantees the Issuer’s term loans and revolving credit facilities. The guarantor subsidiaries guarantee our term loans and are co-borrowers under our revolving credit facility. Presented below is condensed consolidating financial information for the Parent, Issuer, guarantor subsidiaries and non-guarantor subsidiaries. The Issuer and guarantor financial information includes all of our domestic operating subsidiaries; our non-guarantor subsidiaries include our foreign subsidiaries, certain immaterial domestic subsidiaries and the unrestricted subsidiaries under the Issuer’s indentures. The Parent uses the equity method to account for its ownership in the Issuer in the Condensed Consolidating Supplemental Financial Statements. The Issuer uses the equity method to account for its ownership in the guarantor and non-guarantor subsidiaries. All consolidating entries are included in the eliminations column along with the elimination of intercompany balances. Condensed Supplemental Consolidated Statements of Operations
Condensed Supplemental Consolidated Balance Sheet As of fiscal year end 2018
Condensed Supplemental Consolidated Balance Sheet As of fiscal year end 2017
Condensed Supplemental Consolidated Statements of Cash Flows
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The entire disclosure for condensed financial statements. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Quarterly Financial Data (Unaudited) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Quarterly Financial Data (Unaudited) [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Quarterly Financial Data (Unaudited) |
The following table contains selected unaudited quarterly financial data for fiscal years ended.
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| X | ||||||||||
- References No definition available.
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Basis of Presentation and Summary of Significant Accounting Policies (Policies) |
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| Basis of Presentation and Summary of Significant Accounting Policies [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Basis of Presentation | Basis of Presentation Periods presented in these financial statements include fiscal periods ending September 29, 2018 (“fiscal 2018”), September 30, 2017 (“fiscal 2017”), and October 1, 2016 (“fiscal 2016”). The Company has recast certain prior period amounts to conform to current reporting. The Company’s customers are located principally throughout the U.S., without significant concentration with any one customer. The Company performs periodic credit evaluations of its customers’ financial condition and generally does not require collateral. Fiscal 2018 and fiscal 2017 were fifty-two week periods, and fiscal 2016 was a fifty-three week period. The Company has evaluated subsequent events through the date the financial statements were issued. |
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| Consolidation | The consolidated financial statements include the accounts of Berry and its subsidiaries, all of which includes our wholly owned and majority owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. Where our ownership of consolidated subsidiaries is less than 100% the non-controlling interests are reflected in Non-controlling interest. |
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| Revenue Recognition | Revenue Recognition Revenue from the sales of products is recognized at the time title and risks and rewards of ownership pass to the customer, there is persuasive evidence of an arrangement, the sales price is fixed and determinable and collection is reasonably assured. Provisions for certain rebates, sales incentives, trade promotions, coupons, product returns and discounts to customers are accounted for as reductions in gross sales to arrive at net sales. In accordance with the Revenue Recognition standards of the Accounting Standards Codification (“Codification” or “ASC”), the Company provides for these items as reductions of revenue at the later of the date of the sale or the date the incentive is offered. These provisions are based on estimates derived from current program requirements and historical experience. Shipping, handling, purchasing, receiving, inspecting, warehousing, and other costs of distribution are presented in Cost of goods sold in the Consolidated Statements of Income. The Company classifies amounts charged to its customers for shipping and handling in Net sales in the Consolidated Statements of Income. |
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| Purchases of Raw Materials and Concentration of Risk | Purchases of Raw Materials and Concentration of Risk The Company’s most significant raw material used in the production of its products is plastic resin. The largest supplier of the Company’s total resin material requirements represented approximately 16% of purchases in fiscal 2018. The Company uses a variety of suppliers to meet its resin requirements. |
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| Research and Development | Research and Development Research and development costs are expensed when incurred. The Company incurred research and development expenditures of $45 million, $45 million, and $48 million in fiscal 2018, 2017, and 2016, respectively. |
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| Stock-Based Compensation | Share-Based Compensation The Company utilizes the Black-Scholes option valuation model for estimating the fair value of stock options and amortizes the estimated fair value on a straight-line basis over the requisite service period. The share-based compensation plan is more fully described in Note 12. |
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| Foreign Currency | Foreign Currency For the non-U.S. subsidiaries that account in a functional currency other than U.S. Dollars, assets and liabilities are translated into U.S. Dollars using period-end exchange rates. Sales and expenses are translated at the average exchange rates in effect during the period. Foreign currency translation gains and losses are included as a component of Accumulated other comprehensive income (loss) within stockholders’ equity. Gains and losses resulting from foreign currency transactions are included in the Consolidated Statements of Income. |
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| Cash and Cash Equivalents | Cash and Cash Equivalents All highly liquid investments purchased with a maturity of three months or less from the time of purchase are considered to be cash equivalents. |
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| Allowance for Doubtful Accounts | Allowance for Doubtful Accounts The Company’s accounts receivable and related allowance for doubtful accounts are analyzed in detail on a quarterly basis and all significant customers with delinquent balances are reviewed to determine future collectability. The determinations are based on legal issues (such as bankruptcy status), past history, current financial and credit agency reports, and the experience of the credit representatives. Reserves are established in the quarter in which the Company makes the determination that the account is deemed uncollectible. The Company maintains additional reserves based on its historical bad debt experience. The following table summarizes the activity for fiscal years ended for the allowance for doubtful accounts:
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| Accounts Receivable Factoring Agreements | Accounts Receivable Factoring Agreements The Company has entered into various factoring agreements, both in the U.S. and at a number of foreign subsidiaries, to sell certain receivables to unrelated third-party financial institutions. The Company accounts for these transactions in accordance with ASC 860, "Transfers and Servicing" ("ASC 860"). ASC 860 allows for the ownership transfer of accounts receivable to qualify for sale treatment when the appropriate criteria is met, which permits the Company to present the balances sold under the program to be excluded from Accounts receivable, net on the Consolidated Balance Sheets. Receivables are considered sold when (i) they are transferred beyond the reach of the Company and its creditors, (ii) the purchaser has the right to pledge or exchange the receivables, and (iii) the Company has surrendered control over the transferred receivables. In addition, the Company provides no other forms of continued financial support to the purchaser of the receivables once the receivables are sold. There were no amounts outstanding from financial institutions related to U.S. based programs at September 29, 2018 or September 30, 2017. Gross amounts factored under these U.S. based programs at September 29, 2018 and September 30, 2017 were $162 million and $129 million, respectively. The fees associated with transfer of receivables for all programs were not material for any of the periods presented. |
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| Inventories | Inventories Inventories are stated at the lower of cost or market and are valued using the first-in, first-out method. Management periodically reviews inventory balances, using recent and future expected sales to identify slow-moving and/or obsolete items. The cost of spare parts is charged to cost of goods sold when purchased. We evaluate our reserve for inventory obsolescence on a quarterly basis and review inventory on-hand to determine future salability. We base our determinations on the age of the inventory and the experience of our personnel. We reserve inventory that we deem to be not salable in the quarter in which we make the determination. We believe, based on past history and our policies and procedures, that our net inventory is salable. Inventory as of fiscal 2018 and 2017 was:
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| Property, Plant and Equipment | Property, Plant and Equipment Property, plant and equipment are stated at cost. Depreciation is computed primarily by the straight-line method over the estimated useful lives of the assets ranging from 15 to 40 years for buildings and improvements, 2 to 20 years for machinery, equipment, and tooling, and over the term of the agreement for capital leases. Leasehold improvements are depreciated over the shorter of the useful life of the improvement or the lease term. Repairs and maintenance costs are charged to expense as incurred. The Company capitalized interest of $9 million, $7 million, and $6 million in fiscal 2018, 2017, and 2016, respectively. Property, plant and equipment as of fiscal 2018 and 2017 was:
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| Long-Lived Assets | Long-lived Assets Long-lived assets, including property, plant and equipment and definite lived intangible assets are reviewed for impairment in accordance with ASC 360, "Property, Plant and Equipment," whenever facts and circumstances indicate that the carrying amount may not be recoverable. Specifically, this process involves comparing an asset’s carrying value to the estimated undiscounted future cash flows the asset is expected to generate over its remaining life. If this process were to result in the conclusion that the carrying value of a long-lived asset would not be recoverable, a write-down of the asset to fair value would be recorded through a charge to operations. Fair value is determined based upon discounted cash flows or appraisals as appropriate. Long-lived assets that are held for sale are reported at the lower of the assets’ carrying amount or fair value less costs related to the assets’ disposition. We recorded impairment charges totaling $2 million and $3 million to property, plant and equipment assets to their net realizable valuables in connection with facility shutdowns during fiscal years 2017 and 2016, respectively. Impairment charges are recorded in Other expense (income), net in the Consolidated Statements of Income. There were no impairments in fiscal 2018. |
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| Goodwill | Goodwill The Company follows the principles provided by ASC 350, "Intangibles - Goodwill and Other." Goodwill is not amortized but rather reviewed annually for impairment. The Company performed its annual impairment evaluation on the first day of the fourth fiscal quarter. For purposes of conducting our annual goodwill impairment test, the Company determined that we have seven reporting units, Health, Hygiene & Specialties (“HHS”) – North America ("NA"), HHS – South America ("SA"), HHS – Europe ("EU"), HHS – Asia ("AS"), Consumer Packaging, Engineered Materials, and Tapes. We determined that each of the components within our respective reporting units should be aggregated for our Consumer Packaging, Engineered Materials and Tapes reporting units. We reached this conclusion because within each of these three reporting units, we have similar products, management oversight, production processes, markets served, and/or common geographic region which allow us to share resources across the product lines. We regularly re-align our production equipment and manufacturing facilities in order to take advantage of cost savings opportunities, obtain synergies and create manufacturing efficiencies. In addition, we utilize our research and development centers, design center, tool shops, and graphics center which all provide benefits to each of the reporting units and work on new products that can benefit multiple product lines. We also believe that the goodwill is recoverable from the overall operations of the unit given our synergies from leveraging the combined resources, common raw materials, common research and development, similar margins and similar distribution methodologies. In our HHS segment, we operate in four geographical regions where our management teams for each geography oversee the operations and allocate the resources across the entire region. In fiscal year 2018, the Company applied the qualitative assessment and concluded that it was more likely than not that the fair value of each reporting unit exceeded the carrying amount except for the HHS-SA reporting unit due to continued macroeconomic pressures in South America. The Company completed step one in fiscal 2018, which concluded the fair value of the HHS-SA reporting unit exceeded its carrying value by 11% and thus no impairment was recorded. However, future declines in valuation market multiples, sustained lower earnings, or macroeconomic challenges could impact future impairment tests. In fiscal year 2017, the Company applied the qualitative assessment and concluded that it was more likely than not that the fair value of each reporting unit exceeded the carrying amount except for the HHS-SA and HHS-AS reporting units due to prior year quantitative tests performed and macroeconomic pressures in South America. The Company completed step one in fiscal 2017, which concluded the fair value of the HHS-SA and HHS-AS reporting units exceeded their carrying value by 9% and 49%, respectively, and thus no impairment was recorded. In fiscal year 2016, due to the segment realignment, the Company opted to perform a step one quantitative evaluation in accordance with ASC 350 to establish a baseline for the fair value of each reporting unit. The Company utilizes a combination of the discounted cash flow analysis and comparable company valuation methods to determine the fair values of its reporting units in accordance with ASC 820. The Company determined that the fair value of each reporting unit exceeded its carrying amount. The Company has recognized cumulative goodwill impairment charges of $165 million, which occurred in fiscal 2011. The changes in the carrying amount of goodwill by reportable segment are as follows:
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| Deferred Financing Fees | Deferred Financing Fees Deferred financing fees are amortized to interest expense using the effective interest method over the lives of the respective debt agreements. Pursuant to ASC 835-30 the Company presents $43 million of debt issuance and deferred financing costs on the balance sheet as a deduction from the carrying amount of the related debt liability instead of a deferred charge. |
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| Intangible Assets | Intangible Assets Customer relationships are being amortized using an accelerated amortization method which corresponds with the customer attrition rates used in the initial valuation of the intangibles over the estimated life of the relationships which range from 5 to 15 years. Definite lived trademarks are being amortized using the straight-line method over the estimated life of the asset which is not more than 15 years. Other intangibles, which include technology and licenses, are being amortized using the straight-line method over the estimated life of the asset which ranges from 5 to 14 years. The Company evaluates the remaining useful life of intangible assets on a periodic basis to determine whether events and circumstances warrant a revision to the remaining useful life. Certain trademarks that are expected to remain in use, which are indefinite lived intangible assets, are required to be reviewed for impairment annually. The Company has trademarks that total approximately $248 million that are indefinite lived and we test annually for impairment on the first day of the fourth quarter. We completed the annual impairment test of our indefinite lived trade names utilizing the relief from royalty method and noted no impairment in fiscal 2018, 2017 and 2016.
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| Insurable Liabilities | Insurable Liabilities The Company records liabilities for the self-insured portion of workers’ compensation, health, product, general and auto liabilities. The determination of these liabilities and related expenses is dependent on claims experience. For most of these liabilities, claims incurred but not yet reported are estimated based upon historical claims experience. |
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| Income Taxes | Income Taxes The Company accounts for income taxes under the asset and liability approach, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequence of events that have been recognized in the Company’s financial statements or income tax returns. Income taxes are recognized during the period in which the underlying transactions are recorded. Deferred taxes, with the exception of non-deductible goodwill, are provided for temporary differences between amounts of assets and liabilities as recorded for financial reporting purposes and such amounts as measured by tax laws. If the Company determines that a deferred tax asset arising from temporary differences is not likely to be utilized, the Company will establish a valuation allowance against that asset to record it at its expected realizable value. The Company recognizes uncertain tax positions when it is more likely than not that the tax position will be sustained upon examination by relevant taxing authorities, based on the technical merits of the position. The amount recognized is measured as the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement. The Company’s effective tax rate is dependent on many factors including: the impact of enacted tax laws in jurisdictions in which the Company operates; the amount of earnings by jurisdiction, due to varying tax rates in each country; and the Company’s ability to utilize foreign tax credits related to foreign taxes paid on foreign earnings that will be remitted to the U.S. |
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| Comprehensive Income (Loss) | Comprehensive Income (Loss) Comprehensive income (loss) is comprised of net income and other comprehensive income (loss). Other comprehensive losses include net unrealized gains or losses resulting from currency translations of foreign subsidiaries, changes in the value of our derivative instruments and adjustments to the pension liability. The accumulated balances related to each component of other comprehensive income (loss) were as follows:
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| Accrued Rebates | Accrued Rebates The Company offers various rebates to customers based on purchases. These rebate programs are individually negotiated with customers and contain a variety of different terms and conditions. Certain rebates are calculated as flat percentages of purchases, while others included tiered volume incentives. These rebates may be payable monthly, quarterly, or annually. The calculation of the accrued rebate balance involves management estimates, especially where the terms of the rebate involve tiered volume levels that require estimates of expected annual sales. These provisions are based on estimates derived from current program requirements and historical experience. The accrual for customer rebates was $58 million and $58 million at the end of fiscal 2018 and 2017, respectively and is included in Accrued expenses and other current liabilities. |
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| Pension | Pension Pension benefit costs include assumptions for the discount rate, retirement age, and expected return on plan assets. Retiree medical plan costs include assumptions for the discount rate, retirement age, and health-care-cost trend rates. Periodically, the Company evaluates the discount rate and the expected return on plan assets in its defined benefit pension and retiree health benefit plans. In evaluating these assumptions, the Company considers many factors, including an evaluation of the discount rates, expected return on plan assets and the health-care-cost trend rates of other companies; historical assumptions compared with actual results; an analysis of current market conditions and asset allocations; and the views of advisers. |
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| Net Income Per Share | Net Income Per Share The Company calculates basic net income per share based on the weighted-average number of outstanding common shares. The Company calculates diluted net income per share based on the weighted-average number of outstanding common shares plus the effect of dilutive securities. |
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| Use of Estimates | Use of Estimates The preparation of the financial statements in conformity with U.S. generally accepted accounting principles requires management to make extensive use of estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities and the reported amounts of sales and expenses. Actual results could differ materially from these estimates. Changes in estimates are recorded in results of operations in the period that the event or circumstances giving rise to such changes occur. |
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| Recently Issued Accounting Pronouncements | Recently Issued Accounting Pronouncements Revenue Recognition In May 2014, the Financial Accounting Standards Board (FASB) issued a final standard on revenue recognition. Under the new standard, an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In order to do so, an entity would follow the five-step process for in-scope transactions: 1) identify the contract with a customer, 2) identify the separate performance obligations in the contract, 3) determine the transaction price, 4) allocate the transaction price to the separate performance obligations in the contract, and 5) recognize revenue when (or as) the entity satisfies a performance obligation. For public entities, the provisions of the new standard are effective for annual reporting periods beginning after December 15, 2017 and interim periods therein. An entity can apply the new revenue standard on a full retrospective approach to each prior reporting period presented or on a modified retrospective approach with the cumulative effect of initially applying the standard recognized at the date of initial application in retained earnings. The Company conducted an evaluation of contracts with key customers and the provisions under the five-step model specified by the new standard. The majority of the Company’s revenue transactions consist of a single performance obligation to transfer promised goods for which revenue will be recorded consistently under both existing GAAP and the new standard. The Company evaluated whether the adoption may require acceleration of revenue for products produced by the Company without an alternative use and when the Company would have a legally enforceable right of payment. Based on the Company's contract reviews, relevant laws, operational interviews, and other procedures, the Company concluded that the acceleration of revenue is required on a small number of contracts, the effects of which are not material. Accordingly, the new standard does not have a material effect on the Company's financial statements. However, adoption of the new standard will result in expanded revenue disclosures beginning in fiscal 2019. The Company plans to adopt the new standard which will be effective for the Company beginning in fiscal 2019 using the modified retrospective approach. Leases In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Under the new standard, the lessee of an operating lease will be required to do the following: 1) recognize a right-of-use asset and a lease liability in the statement of financial position, 2) recognize a single lease cost allocated over the lease term generally on a straight-line basis, and 3) classify all cash payments within operating activities on the statement of cash flows. Companies may adopt this standard using a modified retrospective approach or by applying a prospective approach with a cumulative-effect adjustment in the opening balance of retained earnings in the period of adoption. Amendments in this standard are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the impact of this standard, which will not be effective for the Company until fiscal 2020. Retirement Benefits In March 2017, the FASB issued ASU 2017-07, Compensation – Retirement Benefits (Topic 715), Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, which requires employers to report the service cost component in the same line item as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations. If a separate line item is not used to present the other components of net benefit cost, then the line item used in the income statement to present the other components of net benefit cost must be disclosed. The new standard is effective for interim and annual periods beginning after December 15, 2017 and should be applied on a retrospective basis. Early adoption is permitted. The Company does not expect the adoption of this standard to have a material impact on our disclosures. Hedges In August 2017, the FASB issued ASU 2017-12, Targeted Improvements to Accounting for Hedging Activities in order to more closely align the results of hedge accounting with risk management activities through changes to the designation and measurement standard. The new standard is effective for interim and annual periods beginning after December 15, 2018. The effect of adoption should be reflected on all active hedges as of the beginning of the fiscal year of adoption. Early adoption is permitted. The Company has chosen to early adopt this standard for fiscal 2018, and did not experience a material impact on any of its active hedges. Fair Value In August 2018, the FASB issued ASU 2018-13, Changes to the Disclosure Requirements for Fair Value Measurement. The new standard modifies disclosure requirements including removing requirements to disclose the valuation process for Level 3 measurements and adding requirements to disclose the changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements and the range and weighted average of significant unobservable inputs used to develop Level 3 measurements. The new standard is effective for interim and annual periods beginning after December 15, 2019. The Company is currently evaluating the impact of the adoption of this standard to our disclosures. Defined Benefit Plans In August 2018, the FASB issued ASU 2018-14, Changes to the Disclosure Requirements for Defined Benefit Plans. The new standard removes requirements to disclose the amounts in accumulated other comprehensive income expected to be recognized as components of net periodic benefit cost over the next fiscal year and the effects of a one-percentage-point changes in assumed health care cost trend rates. The standard also adds requirements to disclose the reasons for significant gains and losses related to changes in the benefit obligations for the period and the accumulated benefit obligation (ABO) for plans with ABOs in excess of plan assets. The new standard will be effective for fiscal years ending after December 15, 2020. The Company is currently evaluating the impact of the adoption of this standard to our disclosures. |
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- Definition Disclosure of accounting policy for purchases of raw materials and concentration of risk. No definition available.
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- Definition Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for comprehensive income. No definition available.
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- Definition Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for deferral and amortization of significant deferred charges. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for determining an entity's fiscal year or other fiscal period. This disclosure may include identification of the fiscal period end-date, the length of the fiscal period, any reporting period lag between the entity and its subsidiaries, or equity investees. If a reporting lag exists, the closing date of the entity having a different period end is generally noted, along with an explanation of the necessity for using different closing dates. Any intervening events that materially affect the entity's financial position or results of operations are generally also disclosed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for goodwill. This accounting policy also may address how an entity assesses and measures impairment of goodwill, how reporting units are determined, how goodwill is allocated to such units, and how the fair values of the reporting units are determined. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for intangible assets. This accounting policy may address both intangible assets subject to amortization and those that are not. The following also may be disclosed: (1) a description of intangible assets (2) the estimated useful lives of those assets (3) the amortization method used (4) how the entity assesses and measures impairment of such assets (5) how future cash flows are estimated (6) how the fair values of such asset are determined. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Disclosure of inventory accounting policy for inventory classes, including, but not limited to, basis for determining inventory amounts, methods by which amounts are added and removed from inventory classes, loss recognition on impairment of inventories, and situations in which inventories are stated above cost. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact. No definition available.
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- References No definition available.
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- Definition Disclosure of accounting policy for pension and other postretirement benefit plans. This accounting policy may address (1) the types of plans sponsored by the entity, and the benefits provided by each plan (2) groups that participate in (or are covered by) each plan (3) how plan assets, liabilities and expenses are measured, including the use of any actuaries and (4) significant assumptions used by the entity to value plan assets and liabilities and how such assumptions are derived. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, basis of assets, depreciation and depletion methods used, including composite deprecation, estimated useful lives, capitalization policy, accounting treatment for costs incurred for repairs and maintenance, capitalized interest and the method it is calculated, disposals and impairments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for determining the allowance for doubtful accounts for trade and other accounts receivable balances, and when impairments, charge-offs or recoveries are recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for costs it has incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Disclosure of accounting policy for cash rebates offered on sales. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Disclosure of accounting policy for self-insurance reserves, including, but not limited to incurred but not reported reserves (IBNR). No definition available.
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- Definition Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for recognizing whether a transfer of a financial asset qualifies for sale treatment, and its initial and subsequent accounting for a sale transaction. If an entity has securitized financial assets during any period presented and accounts for that transfer as a sale, for each major asset type (for example, mortgage loans, credit card receivables, and automobile loans), the entity generally discloses its accounting policies for initially and subsequently measuring any interests that it obtains and sells, or those it continues to hold in the transaction, including the methodology (for example, quoted market prices) and significant assumptions used to value such interests, and the gains and losses resulting from the sale. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Basis of Presentation and Summary of Significant Accounting Policies (Tables) |
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| Basis of Presentation and Summary of Significant Accounting Policies [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Allowance for Doubtful Accounts | The following table summarizes the activity for fiscal years ended for the allowance for doubtful accounts:
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| Inventories | Inventory as of fiscal 2018 and 2017 was:
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| Property, Plant and Equipment | Property, plant and equipment as of fiscal 2018 and 2017 was:
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| Goodwill | The changes in the carrying amount of goodwill by reportable segment are as follows:
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| Intangible Assets |
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| Accumulated Other Comprehensive Income (Loss) | The accumulated balances related to each component of other comprehensive income (loss) were as follows:
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- Definition Tabular disclosure of the allowance for doubtful accounts, including the beginning and ending balances as well as a reconciliation by type of activity during the period. No definition available.
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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance that exist in perpetuity or with a finite life, by either major class or business segment. No definition available.
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- References No definition available.
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Acquisitions (Tables) |
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| Purchase Price Allocation | The following table summarizes the preliminary purchase price allocation and estimated fair values of the assets acquired and liabilities assumed at the date of the acquisition:
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- References No definition available.
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Long-Term Debt (Tables) |
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| Long-Term Debt | Long-term debt consists of the following:
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| Future Maturities of Long-Term Debt | Future maturities of long-term debt as of fiscal year end 2018 are as follows:
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- Definition Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. No definition available.
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Financial Instruments and Fair Value Measurements (Tables) |
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| Financial Instruments and Fair Value Measurements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value of Derivatives and Location on Consolidated Balance Sheets | The Company records the fair value positions of all derivative financial instruments on a net basis by counterparty for which a master netting arrangement is utilized. Balances on a gross basis are as follows;
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| Effect of Derivatives on Consolidated Statements of Income | The effect of the Company’s derivative instruments on the Consolidated Statements of Income is as follows:
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| Assets Measured at Fair Value on Non-recurring Basis | Included in the following tables are the major categories of assets and their current carrying values that were measured at fair value on a non-recurring basis in the current year, along with the impairment loss recognized on the fair value measurement for the fiscal years then ended:
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| X | ||||||||||
- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Goodwill and Intangible Assets (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets | The following table sets forth the gross carrying amount and accumulated amortization of the Company’s goodwill and intangible assets as of the fiscal year end:
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Lease and Other Commitments and Contingencies (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lease and Other Commitments and Contingencies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Future Minimum Payments for Capital and Non-Cancellable Operating Leases | Future minimum lease payments for capital leases and non-cancellable operating leases with initial terms in excess of one year as of fiscal year end 2018 are as follows:
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| X | ||||||||||
- Definition Tabular disclosure of (1) future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value and (2) future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. No definition available.
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| X | ||||||||||
- References No definition available.
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Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 29, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accrued Expenses and Other Current Liabilities | The following table sets forth the totals included in Accrued expenses and other current liabilities as of fiscal year end.
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| Other Long-Term Liabilities | The following table sets forth the totals included in Other long-term liabilities as of fiscal year end.
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| X | ||||||||||
- Definition Tabular disclosure of other noncurrent liabilities. No definition available.
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. No definition available.
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Income Taxes (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Taxes [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Components of Income Tax Expense | Significant components of income tax expense for the fiscal years ended are as follows:
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| Effective Income Tax Rate Reconciliation | The reconciliation between U.S. Federal income taxes at the statutory rate and the Company’s benefit for income taxes on continuing operations for fiscal year end is follows:
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| Net Deferred Income Tax Liability | The components of the net deferred income tax liability as of fiscal year end are as follows:
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| Gross Unrecognized Tax Benefits | The following table summarizes the activity related to our gross unrecognized tax benefits for fiscal year end:
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of the change in unrecognized tax benefits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Retirement Plans (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Plans [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Change in Projected Benefit Obligations and Fair Value of Plan Assets | The net amount of liability recognized is included in Other long-term liabilities on the Consolidated Balance Sheets.
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| Weighted-Average Assumptions Used to Determine Benefit Obligation and Benefit Cost | The following table presents significant weighted-average assumptions used to determine benefit obligation and benefit cost for the fiscal years ended:
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| Fair Value of Plan Assets | In accordance with the guidance from the FASB for employers’ disclosure about postretirement benefit plan assets the table below discloses fair values of each pension plan asset category and level within the fair value hierarchy in which it falls. There were no material changes or transfers between level 3 assets and the other levels, with the exception of the contribution of assets and conversion of the foreign defined benefit pension plan as described above.
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| Expected Future Benefit Payments | The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid for the fiscal year end:
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| Net Pension and Retiree Health Benefit Expense | Net pension and retiree health benefit expense included the following components as of fiscal year end:
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| Plan Asset Allocations | Our defined benefit pension plan asset allocations as of fiscal year end are as follows:
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| X | ||||||||||
- Definition Tabular disclosure of the actual allocation percentage of plan assets of pension plans and/or other employee benefit plans by major category. No definition available.
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| X | ||||||||||
- Definition Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Restructuring and Impairment Charges (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring and Impairment Charges [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring Charges | Since 2016, total expected costs attributed to restructuring programs total $95 million with $3 million remaining to be recognized in the future.
The tables below sets forth the significant components of the restructuring charges recognized for the fiscal years ended, by segment:
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| Restructuring Accrual Activity | The table below sets forth the activity with respect to the restructuring charges and the impact on our accrued restructuring reserves:
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- References No definition available.
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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Stockholders' Equity (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stock Option Activity | Information related to the equity incentive plans as of the fiscal year end is as follows:
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| Valuation Assumptions Used for Options Granted | The fair value for options granted has been estimated at the date of grant using a Black-Scholes model, generally with the following weighted average assumptions:
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| Options Outstanding | The following table summarizes information about the options outstanding as of fiscal 2018:
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- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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Segment and Geographic Data (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment and Geographic Data [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Selected Information by Reportable Segment | Selected information by reportable segment is presented in the following tables:
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| Selected Information by Geography | Selected information by geography is presented in the following tables:
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| Selected Information by Product Line | Selected information by product line is presented in the following tables:
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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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Net Income per Share (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income per Share [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Basic and Diluted Net Income per Share | The following tables and discussion provide a reconciliation of the numerator and denominator of the basic and diluted net income per share computations.
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- References No definition available.
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Guarantor and Non-Guarantor Financial Information (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Guarantor and Non-Guarantor Financial Information [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Condensed Supplemental Consolidated Financial Information | Condensed Supplemental Consolidated Statements of Operations
Condensed Supplemental Consolidated Balance Sheet As of fiscal year end 2018
Condensed Supplemental Consolidated Balance Sheet As of fiscal year end 2017
Condensed Supplemental Consolidated Statements of Cash Flows
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| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Tabular disclosure of condensed financial statements, including, but not limited to, the balance sheet, income statement, and statement of cash flows. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Quarterly Financial Data (Unaudited) (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 29, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Quarterly Financial Data (Unaudited) [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Quarterly Financial Data | The following table contains selected unaudited quarterly financial data for fiscal years ended.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Basis of Presentation and Summary of Significant Accounting Policies, Purchases of Raw Materials and Concentration of Risk (Details) |
12 Months Ended |
|---|---|
Sep. 29, 2018 | |
| Purchases of Raw Materials [Member] | Supplier Concentration Risk [Member] | |
| Purchases of Raw Materials and Concentration of Risk [Abstract] | |
| Concentration risk percentage | 16.00% |
| X | ||||||||||
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Basis of Presentation and Summary of Significant Accounting Policies, Research and Development (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Research and Development [Abstract] | |||
| Research and development expenditures | $ 45 | $ 45 | $ 48 |
| X | ||||||||||
- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
Basis of Presentation and Summary of Significant Accounting Policies, Allowance for Doubtful Accounts (Details) - Allowance for Doubtful Accounts [Member] - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Movement in Valuation Allowance [Roll Forward] | |||
| Allowance for doubtful accounts, beginning | $ 13 | $ 8 | $ 3 |
| Acquisition allowance for doubtful accounts | 2 | 5 | 6 |
| Bad debt expense | 1 | 1 | 1 |
| Write-offs against allowance | (3) | (1) | (2) |
| Allowance for doubtful accounts, ending | $ 13 | $ 13 | $ 8 |
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition Amount of valuation and qualifying accounts and reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of increase in valuation and qualifying accounts and reserves from charge to cost and expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of decrease in valuation and qualifying accounts and reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of increase in valuation and qualifying accounts and reserves from business combination. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
Basis of Presentation and Summary of Significant Accounting Policies, Accounts Receivable Factoring Agreements (Details) - USD ($) $ in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
|---|---|---|
| Accounts Receivable Factoring Agreements [Abstract] | ||
| Amounts due from financial institutions | $ 0 | $ 0 |
| Trade receivables sold to financial institutions | $ 162 | $ 129 |
| X | ||||||||||
- Definition Amount, after allowance, receivable from customers, clients, or other third-parties, and receivables classified as other due within one year or the normal operating cycle, if longer. No definition available.
|
| X | ||||||||||
- Definition Amount of derecognized financial assets from transactions which comprise an initial transfer and an agreement entered into in contemplation of the initial transfer resulting in retention of substantially all of the exposure to the economic return throughout the term of the transaction, at the date of derecognition. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
Basis of Presentation and Summary of Significant Accounting Policies, Inventories (Details) - USD ($) $ in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
|---|---|---|
| Inventories [Abstract] | ||
| Finished goods | $ 503 | $ 428 |
| Raw materials | 384 | 334 |
| Inventory, total | $ 887 | $ 762 |
| X | ||||||||||
- Definition Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of merchandise or goods held by the company that are readily available for sale. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Aggregated amount of unprocessed materials to be used in manufacturing or production process and supplies that will be consumed. This amount is net of valuation reserves and adjustments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of interest capitalized during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Basis of Presentation and Summary of Significant Accounting Policies, Long-lived Assets (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Long-Lived Assets [Abstract] | |||
| Impairment charges | $ 0 | $ 2 | $ 3 |
| X | ||||||||||
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The number of geographical regions in the segment. No definition available.
|
| X | ||||||||||
- Definition The number of reporting units where components within the reporting unit are aggregated for purposes of testing the impairment of goodwill. No definition available.
|
| X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of foreign currency translation gain (loss) which increases (decreases) an asset representing future economic benefits from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition Amount of transfers into (out of) an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Number of reporting units tested for impairment of goodwill. A reporting unit is an operating segment or one level below an operating segment. No definition available.
|
| X | ||||||||||
- Definition Percentage of fair value of reporting unit in excess of carrying amount. No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Basis of Presentation and Summary of Significant Accounting Policies, Deferred Financing Fees (Details) $ in Millions |
Sep. 29, 2018
USD ($)
|
|---|---|
| Deferred Financing Fees [Abstract] | |
| Debt issuance and deferred financing costs | $ 43 |
| X | ||||||||||
- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of foreign currency translation (gain) loss which increases (decreases) the accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. No definition available.
|
| X | ||||||||||
- Definition Amount of accumulated amortization netted against the gross amount of intangible assets that have been fully amortized. No definition available.
|
| X | ||||||||||
- Definition Amount of income tax adjustment related to assets, excluding financial assets and goodwill, lacking physical substance with a finite life. No definition available.
|
| X | ||||||||||
- Definition Amount of fully amortized intangible assets netted against the related accumulated amortization. No definition available.
|
| X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
| X | ||||||||||
- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of foreign currency translation gain (loss) which increases (decreases) assets, excluding financial assets and goodwill, lacking physical substance with a finite life. No definition available.
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition Amount of increase in assets, excluding financial assets, lacking physical substance with a definite life, from an acquisition. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before accumulated amortization of intangible assets, excluding goodwill. No definition available.
|
| X | ||||||||||
- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition Amount before tax and reclassification adjustments of other comprehensive income (loss) attributable to parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of tax expense (benefit) allocated to other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before tax of reclassification adjustments of other comprehensive income (loss) attributable to parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Basis of Presentation and Summary of Significant Accounting Policies, Accrued Rebates (Details) - USD ($) $ in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
|---|---|---|
| Basis of Presentation and Summary of Significant Accounting Policies [Abstract] | ||
| Accrual for customer rebates | $ 58 | $ 58 |
| X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred through that date and payable for the marketing, trade and selling of the entity's goods and services. Marketing costs would include expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services; costs of public relations and corporate promotions; and obligations incurred and payable for sales discounts, rebates, price protection programs, etc. offered to customers and under government programs. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). No definition available.
|
| X | ||||||||||
- References No definition available.
|
Acquisitions, Laddawn, Inc. (Details) - USD ($) $ in Millions |
Aug. 31, 2018 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|---|---|---|---|---|
| Acquisitions [Abstract] | ||||
| Goodwill | $ 2,944 | $ 2,775 | $ 2,406 | |
| Laddawn [Member] | ||||
| Acquisitions [Abstract] | ||||
| Purchase price | $ 242 | |||
| Working capital | 26 | |||
| Property and equipment | 39 | |||
| Intangible assets | 95 | |||
| Goodwill | $ 82 |
| X | ||||||||||
- Definition The amount of working capital recognized at the acquisition date. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
Acquisitions, Clopay Plastic Products Company, Inc. (Details) - USD ($) $ in Millions |
Feb. 28, 2018 |
Sep. 29, 2018 |
Jan. 31, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
||
|---|---|---|---|---|---|---|---|
| Allocation of Purchase Price [Abstract] | |||||||
| Goodwill | $ 2,944 | $ 2,775 | $ 2,406 | ||||
| 4.50% Second Priority Senior Secured Notes due 2026 [Member] | |||||||
| Acquisitions [Abstract] | |||||||
| Face amount of debt issued | $ 500 | ||||||
| Interest rate | 4.50% | ||||||
| Clopay [Member] | |||||||
| Acquisitions [Abstract] | |||||||
| Purchase price | $ 475 | ||||||
| Allocation of Purchase Price [Abstract] | |||||||
| Working capital | [1] | 70 | |||||
| Property and equipment | 164 | ||||||
| Intangible assets | 125 | ||||||
| Goodwill | 110 | ||||||
| Other assets and long-term liabilities | 6 | ||||||
| Step up of inventory to fair value | $ 3 | ||||||
| |||||||
| X | ||||||||||
- Definition Amount of other assets expected to be realized or consumed after one year or the normal operating cycle, if longer, and other (liabilities) due after one year or the normal operating cycle, if longer, assumed at the acquisition date. No definition available.
|
| X | ||||||||||
- Definition The amount of working capital recognized at the acquisition date. No definition available.
|
| X | ||||||||||
- Definition The step up adjustment of inventory to fair value recognized as of the acquisition date. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Acquisitions, Adchem Corp (Details) - USD ($) $ in Millions |
1 Months Ended | |||
|---|---|---|---|---|
Jun. 30, 2017 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Acquisitions [Abstract] | ||||
| Goodwill | $ 2,944 | $ 2,775 | $ 2,406 | |
| Adchem [Member] | ||||
| Acquisitions [Abstract] | ||||
| Purchase price | $ 49 | |||
| Working capital | 10 | |||
| Property and equipment | 2 | |||
| Intangible assets | 22 | |||
| Goodwill | $ 15 |
| X | ||||||||||
- Definition The amount of working capital recognized at the acquisition date. No definition available.
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Acquisitions, AEP Industries Inc. (Details) - AEP [Member] - USD ($) shares in Millions, $ in Millions |
1 Months Ended | 12 Months Ended | |
|---|---|---|---|
Jan. 31, 2017 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Acquisitions [Abstract] | |||
| Purchase price, net of cash acquired | $ 791 | ||
| Number of shares issued (in shares) | 6.4 | ||
| Value of shares issued at time of closing | $ 324 | ||
| Pro Forma Information [Abstract] | |||
| Pro forma net sales | $ 7,400 | $ 7,600 | |
| Pro forma net income | $ 338 | $ 250 | |
| Term Loan due January 2024 [Member] | |||
| Acquisitions [Abstract] | |||
| Face amount of debt issued | $ 500 | ||
| X | ||||||||||
- Definition Value of equity interests (such as common shares, preferred shares, or partnership interest) issued or issuable to acquire the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Number of shares of equity interests issued or issuable to acquire entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The pro forma revenue for a period as if the business combination or combinations had been completed at the beginning of the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Long-Term Debt, Summary of Long-Term Debt (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Jan. 31, 2018 |
Sep. 30, 2017 |
|
| Long-term Debt [Abstract] | |||
| Long-term debt | $ 5,887 | ||
| Debt discounts and deferred fees | (43) | $ (48) | |
| Capital leases and other | 135 | 132 | |
| Total long-term debt | 5,844 | 5,641 | |
| Current portion of long-term debt | (38) | (33) | |
| Long-term debt, less current portion | 5,806 | 5,608 | |
| Term Loan due February 2020 [Member] | |||
| Long-term Debt [Abstract] | |||
| Long-term debt | $ 800 | 1,000 | |
| Maturity date | Feb. 29, 2020 | ||
| Term Loan due January 2021 [Member] | |||
| Long-term Debt [Abstract] | |||
| Long-term debt | $ 814 | 814 | |
| Maturity date | Jan. 31, 2021 | ||
| Term Loan due October 2022 [Member] | |||
| Long-term Debt [Abstract] | |||
| Long-term debt | $ 1,545 | 1,645 | |
| Maturity date | Oct. 31, 2022 | ||
| Term Loan due January 2024 [Member] | |||
| Long-term Debt [Abstract] | |||
| Long-term debt | $ 493 | 498 | |
| Maturity date | Jan. 31, 2024 | ||
| Revolving Line of Credit [Member] | |||
| Long-term Debt [Abstract] | |||
| Long-term debt | $ 0 | 0 | |
| Maturity date | May 31, 2020 | ||
| 5 1/2% Second Priority Senior Secured Notes due May 2022 [Member] | |||
| Long-term Debt [Abstract] | |||
| Long-term debt | $ 500 | 500 | |
| Interest rate | 5.50% | ||
| Maturity date | May 31, 2022 | ||
| 6% Second Priority Senior Secured Notes due October 2022 [Member] | |||
| Long-term Debt [Abstract] | |||
| Long-term debt | $ 400 | 400 | |
| Interest rate | 6.00% | ||
| Maturity date | Oct. 31, 2022 | ||
| 5 1/8% Second Priority Senior Secured Notes due July 2023 [Member] | |||
| Long-term Debt [Abstract] | |||
| Long-term debt | $ 700 | 700 | |
| Interest rate | 5.125% | ||
| Maturity date | Jul. 31, 2023 | ||
| 4 1/2% Second Priority Senior Secured Notes due February 2026 [Member] | |||
| Long-term Debt [Abstract] | |||
| Long-term debt | $ 500 | $ 0 | |
| Interest rate | 4.50% | 4.50% | |
| Maturity date | Feb. 28, 2026 |
| X | ||||||||||
- Definition Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal through the balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of unamortized debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of long-term debt and capital lease obligation due after one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of long-term debt and capital leases due within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of long-term debt and capital lease obligations including current maturities. No definition available.
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- References No definition available.
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Long-Term Debt, Fiscal 2018 Activity (Details) - 4 1/2% Second Priority Senior Secured Notes due February 2026 [Member] - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Sep. 29, 2018 |
Jan. 31, 2018 |
|
| Long-Term Debt [Abstract] | ||
| Face amount of debt issued | $ 500 | |
| Interest rate | 4.50% | 4.50% |
| Maturity date | Feb. 28, 2026 | |
| Debt discount | $ 4 |
| X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount, after accumulated amortization, of debt discount. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Details
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Long-Term Debt, Berry Global, Inc. Senior Secured Credit Facility (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Long-Term Debt [Abstract] | |||
| Loss on extinguishment of debt | $ (2) | $ (10) | $ (4) |
| Repayment of long-term borrowings | 335 | $ 636 | $ 524 |
| Term Loans [Member] | |||
| Long-Term Debt [Abstract] | |||
| Face amount of debt issued | $ 3,700 | ||
| Term Loan due February 2020 [Member] | LIBOR [Member] | |||
| Long-Term Debt [Abstract] | |||
| Basis spread on variable rate | 1.75% | ||
| Term Loan due January 2021 [Member] | LIBOR [Member] | |||
| Long-Term Debt [Abstract] | |||
| Basis spread on variable rate | 1.75% | ||
| Term Loan due October 2022 [Member] | LIBOR [Member] | |||
| Long-Term Debt [Abstract] | |||
| Basis spread on variable rate | 2.00% | ||
| Term Loan due January 2024 [Member] | LIBOR [Member] | |||
| Long-Term Debt [Abstract] | |||
| Basis spread on variable rate | 2.00% | ||
| Revolving Line of Credit [Member] | |||
| Long-Term Debt [Abstract] | |||
| Maximum borrowing capacity | $ 750 | ||
| X | ||||||||||
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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| X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Long-Term Debt, Future Maturities of Long-Term Debt (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Future Maturities of Long-Term Debt [Abstract] | |||
| 2019 | $ 38 | ||
| 2020 | 837 | ||
| 2021 | 842 | ||
| 2022 | 27 | ||
| 2023 | 2,458 | ||
| Thereafter | 1,685 | ||
| Total | 5,887 | ||
| Interest paid | $ 253 | $ 288 | $ 276 |
| X | ||||||||||
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of cash paid for interest, including, but not limited to, capitalized interest and payment to settle zero-coupon bond attributable to accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount; classified as operating and investing activities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Financial Instruments and Fair Value Measurements, Cross-Currency and Interest Rate Swaps (Details) € in Millions, $ in Millions |
1 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|
|
Jun. 30, 2018
USD ($)
Instrument
|
Jun. 30, 2013
USD ($)
|
Sep. 29, 2018
USD ($)
|
Nov. 30, 2017
EUR (€)
|
Feb. 28, 2013
USD ($)
|
|
| Cross-Currency and Interest Rate Swaps [Abstract] | |||||
| Number of derivative instruments settled | Instrument | 2 | ||||
| Cross-Currency Swaps [Member] | |||||
| Cross-Currency and Interest Rate Swaps [Abstract] | |||||
| Notional amount of swap | € | € 250 | ||||
| Interest Rate Swap - February 2013 [Member] | |||||
| Cross-Currency and Interest Rate Swaps [Abstract] | |||||
| Notional amount of swap | $ 1,000 | ||||
| Cash received for settlement of derivative contract | $ 16 | ||||
| Interest Rate Swap - March 2017 [Member] | |||||
| Cross-Currency and Interest Rate Swaps [Abstract] | |||||
| Cash received for settlement of derivative contract | $ 9 | ||||
| Interest Rate Swap - February 2017 [Member] | |||||
| Cross-Currency and Interest Rate Swaps [Abstract] | |||||
| Cash received for settlement of derivative contract | $ 21 | ||||
| Interest Rate Swap - May 2017 [Member] | |||||
| Cross-Currency and Interest Rate Swaps [Abstract] | |||||
| Notional amount of swap | $ 450 | ||||
| Fixed annual rate of swap | 2.00% | ||||
| Interest Rate Swap - May 2017 [Member] | LIBOR [Member] | |||||
| Cross-Currency and Interest Rate Swaps [Abstract] | |||||
| Term of variable rate | 1 month | ||||
| Interest Rate Swap - June 2018 [Member] | |||||
| Cross-Currency and Interest Rate Swaps [Abstract] | |||||
| Notional amount of swap | $ 1,000 | ||||
| Fixed annual rate of swap | 2.808% | ||||
| Interest Rate Swap - June 2018 [Member] | LIBOR [Member] | |||||
| Cross-Currency and Interest Rate Swaps [Abstract] | |||||
| Term of variable rate | 1 month | ||||
| X | ||||||||||
- Definition Term of the interest rate that fluctuates over time as a result of an underlying benchmark interest rate or index. No definition available.
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- Definition The number of derivative instruments settled during the period. No definition available.
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- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of cash received during the period on settlement of a hedge. No definition available.
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- Definition Fixed interest rate related to the interest rate derivative. No definition available.
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- References No definition available.
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Financial Instruments and Fair Value Measurements, Fair Value of Derivatives and Location on Consolidated Balance Sheets (Details) - USD ($) $ in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
|---|---|---|
| Cross-Currency Swaps [Member] | Designated [Member] | Other Long-Term Liabilities [Member] | ||
| Derivative Instruments [Abstract] | ||
| Fair value of derivative instruments | $ 11 | $ 0 |
| Interest Rate Swaps [Member] | Designated [Member] | Other Assets [Member] | ||
| Derivative Instruments [Abstract] | ||
| Fair value of derivative instruments | 16 | 1 |
| Interest Rate Swaps [Member] | Designated [Member] | Other Long-Term Liabilities [Member] | ||
| Derivative Instruments [Abstract] | ||
| Fair value of derivative instruments | 0 | 15 |
| Interest Rate Swaps [Member] | Not Designated [Member] | Other Assets [Member] | ||
| Derivative Instruments [Abstract] | ||
| Fair value of derivative instruments | 0 | 13 |
| Interest Rate Swaps [Member] | Not Designated [Member] | Other Long-Term Liabilities [Member] | ||
| Derivative Instruments [Abstract] | ||
| Fair value of derivative instruments | $ 1 | $ 13 |
| X | ||||||||||
- Definition Fair value of the assets less the liabilities of a derivative or group of derivatives. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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Financial Instruments and Fair Value Measurements, Effect of Derivatives on Consolidated Statements of Income (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Derivative Instruments [Abstract] | |||
| Amortization related to unrealized losses in Accumulated other comprehensive loss for next 12 months | $ 11 | ||
| Fair value of long-term indebtedness in excess of book value | 5 | $ 81 | |
| Cross-Currency Swaps [Member] | Interest Expense, Net [Member] | |||
| Derivative Instruments [Abstract] | |||
| Loss (gain) on derivative instruments | (5) | 0 | $ 0 |
| Foreign Currency Swaps [Member] | Other (Income) Expense [Member] | |||
| Derivative Instruments [Abstract] | |||
| Loss (gain) on derivative instruments | 0 | (2) | 13 |
| Interest Rate Swaps [Member] | Interest Expense, Net [Member] | |||
| Derivative Instruments [Abstract] | |||
| Loss (gain) on derivative instruments | $ (1) | $ 24 | $ 16 |
| X | ||||||||||
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The estimated value of gains (losses), net anticipated to be transferred in the future from accumulated other comprehensive income into earnings. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of addition (reduction) to the amount at which a liability could be incurred (settled) in a current transaction between willing parties. No definition available.
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Financial Instruments and Fair Value Measurements, Assets Measured at Fair Value on Non-Recurring Basis (Details) - USD ($) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
Oct. 01, 2011 |
|
| Impairment [Abstract] | ||||
| Indefinite-lived trademarks | $ 0 | $ 0 | $ 0 | |
| Goodwill | 0 | 0 | 0 | $ 165 |
| Definite lived intangible assets | 0 | 0 | 0 | |
| Property, plant, and equipment | 0 | 2 | 3 | |
| Impairment charges | 0 | 2 | 3 | |
| Fair Value on Nonrecurring Basis [Member] | ||||
| Fair Value of Assets [Abstract] | ||||
| Indefinite-lived trademarks | 248 | 248 | 248 | |
| Goodwill | 2,944 | 2,775 | 2,406 | |
| Definite lived intangible assets | 1,092 | 1,038 | 952 | |
| Property, plant, and equipment | 2,488 | 2,366 | 2,224 | |
| Total | 6,772 | 6,427 | 5,830 | |
| Fair Value on Nonrecurring Basis [Member] | Level 1 [Member] | ||||
| Fair Value of Assets [Abstract] | ||||
| Indefinite-lived trademarks | 0 | 0 | 0 | |
| Goodwill | 0 | 0 | 0 | |
| Definite lived intangible assets | 0 | 0 | 0 | |
| Property, plant, and equipment | 0 | 0 | 0 | |
| Total | 0 | 0 | 0 | |
| Fair Value on Nonrecurring Basis [Member] | Level 2 [Member] | ||||
| Fair Value of Assets [Abstract] | ||||
| Indefinite-lived trademarks | 0 | 0 | 0 | |
| Goodwill | 0 | 0 | 0 | |
| Definite lived intangible assets | 0 | 0 | 0 | |
| Property, plant, and equipment | 0 | 0 | 0 | |
| Total | 0 | 0 | 0 | |
| Fair Value on Nonrecurring Basis [Member] | Level 3 [Member] | ||||
| Fair Value of Assets [Abstract] | ||||
| Indefinite-lived trademarks | 248 | 248 | 248 | |
| Goodwill | 2,944 | 2,775 | 2,406 | |
| Definite lived intangible assets | 1,092 | 1,038 | 952 | |
| Property, plant, and equipment | 2,488 | 2,366 | 2,224 | |
| Total | $ 6,772 | $ 6,427 | $ 5,830 | |
| X | ||||||||||
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Fair value portion of assets, excluding financial assets, that lack physical substance, having a limited useful life. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value portion of asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of a finite-lived intangible asset to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Amount of impairment loss resulting from write-down of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The aggregate amount of write-downs for impairments recognized during the period for long lived assets held for use (including those held for disposal by means other than sale). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Fair value portion of assets, excluding financial assets and goodwill, that lack physical substance, having a projected indefinite period of benefit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Fair value portion of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Goodwill and Intangible Assets (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Goodwill and Intangible Assets [Abstract] | |||
| Goodwill | $ 2,944 | $ 2,775 | $ 2,406 |
| Accumulated amortization | (1,020) | (1,155) | (998) |
| Intangible assets, net | 1,340 | 1,286 | $ 1,200 |
| Total goodwill and intangible assets, net | 4,284 | 4,061 | |
| Future Amortization Expense for Definite Lived Intangibles [Abstract] | |||
| 2019 | 157 | ||
| 2020 | 145 | ||
| 2021 | 133 | ||
| 2022 | 121 | ||
| 2023 | 110 | ||
| Customer Relationships [Member] | |||
| Goodwill and Intangible Assets [Abstract] | |||
| Definite lived intangible assets | $ 1,882 | 1,922 | |
| Customer Relationships [Member] | Minimum [Member] | |||
| Goodwill and Intangible Assets [Abstract] | |||
| Amortization period | 5 years | ||
| Customer Relationships [Member] | Maximum [Member] | |||
| Goodwill and Intangible Assets [Abstract] | |||
| Amortization period | 15 years | ||
| Trademarks [Member] | |||
| Goodwill and Intangible Assets [Abstract] | |||
| Indefinite lived intangible assets | $ 248 | 248 | |
| Definite lived intangible assets | $ 45 | 87 | |
| Trademarks [Member] | Maximum [Member] | |||
| Goodwill and Intangible Assets [Abstract] | |||
| Amortization period | 15 years | ||
| Other Intangibles [Member] | |||
| Goodwill and Intangible Assets [Abstract] | |||
| Definite lived intangible assets | $ 185 | $ 184 | |
| Other Intangibles [Member] | Minimum [Member] | |||
| Goodwill and Intangible Assets [Abstract] | |||
| Amortization period | 5 years | ||
| Other Intangibles [Member] | Maximum [Member] | |||
| Goodwill and Intangible Assets [Abstract] | |||
| Amortization period | 14 years |
| X | ||||||||||
- Definition Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
| X | ||||||||||
- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Carrying amount of finite-lived intangible assets, indefinite-lived intangible assets and goodwill. Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets are assets, not including financial assets, lacking physical substance. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Lease and Other Commitments and Contingencies (Details) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
|
Sep. 29, 2018
USD ($)
Employee
|
Sep. 30, 2017
USD ($)
|
Oct. 01, 2016
USD ($)
|
|
| Lease and Other Commitments and Contingencies [Abstract] | |||
| New capital lease obligations | $ 31 | $ 5 | $ 51 |
| Minimum lease payments or contingent rentals | 29 | 27 | |
| Asset retirement obligations | 10 | 9 | |
| Rent expense from operating leases | 72 | $ 67 | $ 60 |
| Future Minimum Lease Payments for Capital Leases [Abstract] | |||
| 2019 | 37 | ||
| 2020 | 32 | ||
| 2021 | 27 | ||
| 2022 | 24 | ||
| 2023 | 10 | ||
| Thereafter | 19 | ||
| Total net minimum payments | 149 | ||
| Less: amount representing interest | (14) | ||
| Present value of net minimum lease payments | 135 | ||
| Future Minimum Lease Payments for Operating Leases [Abstract] | |||
| 2019 | 67 | ||
| 2020 | 56 | ||
| 2021 | 51 | ||
| 2022 | 44 | ||
| 2023 | 37 | ||
| Thereafter | 165 | ||
| Total net minimum payments | 420 | ||
| Sale-Leaseback Transactions [Abstract] | |||
| Deferred gain on sale-leaseback transactions | $ 21 | ||
| Collective Bargaining Agreements [Abstract] | |||
| Number of employees | Employee | 24,000 | ||
| Percentage of employees covered by collective bargaining agreements | 18.00% | ||
| Period of time with no significant work stoppages or other labor disputes with employees under collective bargaining agreements | 3 years | ||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The percentage of employees covered by collective bargaining agreements. No definition available.
|
| X | ||||||||||
- Definition Period of time with no significant work stoppages or other labor disputes with employees under collective bargaining agreements, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
| X | ||||||||||
- Definition Number of persons employed by the Entity No definition available.
|
| X | ||||||||||
- Definition The carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The increase during the period in capital lease obligations due to entering into new capital leases. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount due based upon the occurrence of an event specified in the contractual terms. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount necessary to reduce net minimum lease payments to present value for capital leases. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of minimum lease payments for capital leases net of executory costs, which include amounts paid by the lessee to the lessor for insurance, maintenance and taxes. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Present value of minimum lease payments for capital leases net of executory costs, including amounts paid by the lessee to the lessor for insurance, maintenance and taxes. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The portion of the gain that will be recorded as income or a reduction in rent expense in future periods less amounts recognized in the current period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities, Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
|---|---|---|
| Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities [Abstract] | ||
| Employee compensation, payroll, and other | $ 113 | $ 147 |
| Accrued taxes | 72 | 90 |
| Rebates | 58 | 58 |
| Interest | 49 | 36 |
| Tax receivable agreement obligation | 16 | 35 |
| Restructuring | 13 | 19 |
| Other | 95 | 78 |
| Accrued expenses and other current liabilities | $ 416 | $ 463 |
| X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred through that date and payable for rebates to customers in exchange for their purchases. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). No definition available.
|
| X | ||||||||||
- Definition Carrying amount as of the balance sheet date of liabilities related to income tax receivable agreement. Used to reflect the current portion of such liabilities (due within one year or within the normal operating cycle if longer). No definition available.
|
| X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of expenses incurred but not yet paid classified as other, due within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Carrying amount as of the balance sheet date of known and estimated obligations associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, which are expected to be paid in the next twelve months or in the normal operating cycle if longer. Costs of such activities include those for one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, relocating employees, and costs associated with an ongoing benefit arrangement, but excludes costs associated with the retirement of a long-lived asset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities, Other Long-Term Liabilities (Details) - USD ($) $ in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|---|---|---|---|
| Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities [Abstract] | |||
| Lease retirement obligation | $ 39 | $ 37 | |
| Uncertain tax positions | 74 | 59 | $ 62 |
| Pension liability | 45 | 56 | |
| Deferred purchase price | 40 | 46 | |
| Tax receivable agreement obligation | 23 | 34 | |
| Sale-lease back deferred gain | 21 | 24 | |
| Transition tax | 18 | 0 | |
| Derivative instruments | 12 | 27 | |
| Other | 17 | 17 | |
| Other long-term liabilities | $ 289 | $ 300 |
| X | ||||||||||
- Definition This element represents the deferred purchase price of acquisition in the acquiree at the acquisition date. No definition available.
|
| X | ||||||||||
- Definition The noncurrent portion, due in greater than one year or one operating cycle, of the liabilities related to income tax receivable agreement. No definition available.
|
| X | ||||||||||
- Definition The noncurrent portion, due in greater than one year or one operating cycle of other long term liabilities. No definition available.
|
| X | ||||||||||
- Definition Amount of reasonable estimate for tax liability from transition tax on accumulated earnings of controlled foreign corporation deemed repatriated pursuant to Tax Cuts and Jobs Act of 2017 for which accounting for tax effect is incomplete, classified as noncurrent. No definition available.
|
| X | ||||||||||
- Definition Noncurrent portion of the carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of liability, recognized in statement of financial position, for defined benefit pension plan, classified as noncurrent. Excludes other postretirement benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of liabilities classified as other, due after one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of the gain recorded in connection with the transaction involving the sale of property to another party and the lease of the property back to the seller to be recognized in future periods. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Income Taxes, Components of Income Tax Expense (Details) - USD ($) $ in Millions |
9 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Sep. 29, 2018 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Income Taxes [Abstract] | ||||
| U. S. corporate income tax rate | 21.00% | |||
| Transition tax benefit | $ (124) | |||
| Repatriation tax charge | 21 | |||
| Net deferred tax revaluation benefit | (145) | |||
| Current [Abstract] | ||||
| U.S. Federal | 19 | $ 40 | $ 0 | |
| U.S. State | 8 | 6 | 5 | |
| Non-U.S. | 40 | 58 | 36 | |
| Total current | 67 | 104 | 41 | |
| Deferred [Abstract] | ||||
| U.S. Federal | (72) | 34 | 35 | |
| U.S. State | 12 | (10) | 3 | |
| Non-U.S. | (26) | (19) | (7) | |
| Total deferred | (86) | 5 | 31 | |
| Expense for income taxes | (19) | 109 | 72 | |
| U.S. income from continuing operations before income taxes | 373 | 313 | 168 | |
| Non-U.S. income from continuing operations before income taxes | $ 104 | $ 136 | $ 140 | |
| X | ||||||||||
- Definition Amount of reasonable estimate for income tax expense (benefit) for remeasurement of deferred tax from change in tax rate pursuant to Tax Cuts and Jobs Act of 2017 for which accounting for tax effect is incomplete. No definition available.
|
| X | ||||||||||
- Definition Amount of reasonable estimate for income tax expense (benefit) from effect of Tax Cuts and Jobs Act of 2017 for which accounting for tax effect is incomplete. No definition available.
|
| X | ||||||||||
- Definition Amount of reasonable estimate for income tax expense from transition tax on accumulated earnings of controlled foreign corporation deemed repatriated pursuant to Tax Cuts and Jobs Act of 2017 for which accounting for tax effect is incomplete. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of current foreign income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of deferred foreign income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of deferred state and local tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The portion of earnings or loss from continuing operations before income taxes that is attributable to foreign operations, which is defined as Income or Loss generated from operations located outside the entity's country of domicile. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Income Taxes, Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Income Taxes [Abstract] | |||
| U.S. Federal income tax expense at the statutory rate | $ 117 | $ 157 | $ 108 |
| Adjustments to Reconcile to the Income Tax Provision [Abstract] | |||
| U.S. state income tax expense | 12 | 6 | 8 |
| Changes in state valuation allowance | 0 | (9) | 2 |
| Research and development credits | (7) | (7) | (8) |
| Share-based compensation | (8) | (33) | (15) |
| U.S. tax reform | (124) | 0 | 0 |
| Permanent differences | 0 | 2 | 2 |
| Changes in foreign valuation allowance | (10) | 3 | (1) |
| Foreign income taxed in the U.S. | 0 | 0 | 7 |
| Manufacturing tax benefits | (6) | (6) | 0 |
| Deduction of worthless investment | 0 | 0 | (9) |
| Permanent foreign currency differences | 0 | (1) | (8) |
| Rate differences between U.S. and foreign | 3 | (11) | (14) |
| Other | 4 | 8 | 0 |
| Expense for income taxes | $ (19) | $ 109 | $ 72 |
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to increase (decrease) in the foreign valuation allowance for deferred tax assets. No definition available.
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to increase (decrease) in the state valuation allowance for deferred tax assets. No definition available.
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to deduction of worthless investments. No definition available.
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to foreign income taxed in the United States. No definition available.
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to permanent differences. No definition available.
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to permanent foreign currency differences. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations, attributable to increase (decrease) in the income tax rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and the expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to deduction for qualified production activity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to foreign income tax expense (benefit). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible equity-based compensation costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to state and local income tax expense (benefit). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to research tax credit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Income Taxes, Net Deferred Income Tax Liability (Details) - USD ($) $ in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
|---|---|---|
| Deferred Tax Assets [Abstract] | ||
| Allowance for doubtful accounts | $ 4 | $ 7 |
| Deferred gain on sale-leaseback | 6 | 10 |
| Accrued liabilities and reserves | 28 | 89 |
| Inventories | 9 | 6 |
| Net operating loss carryforward | 212 | 292 |
| Alternative minimum tax (AMT) credit carryforward | 8 | 11 |
| Research and development credit carryforward | 13 | 18 |
| Federal and state tax credits | 10 | 9 |
| Other | 19 | 14 |
| Total deferred tax assets | 309 | 456 |
| Valuation allowance | (93) | (93) |
| Total deferred tax assets, net of valuation allowance | 216 | 363 |
| Deferred Tax Liabilities [Abstract] | ||
| Property, plant and equipment | 239 | 277 |
| Intangible assets | 306 | 475 |
| Debt extinguishment | 0 | 27 |
| Other | 5 | 3 |
| Total deferred tax liabilities | 550 | 782 |
| Net deferred tax liability | (334) | (419) |
| Net deferred tax assets | 31 | |
| Net deferred tax liabilities | $ 365 | $ 419 |
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to federal and state tax credits. No definition available.
|
| X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from the extinguishment of debt. No definition available.
|
| X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from a gain reported for tax purposes on sale and leaseback transactions in accordance with enacted tax laws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from inventory. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, with jurisdictional netting and classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible temporary differences, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible alternative minimum tax credit carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible research tax credit carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from reserves and accruals. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from the allowance for doubtful accounts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences without jurisdictional netting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from intangible assets other than goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Income Taxes, Net Operating Loss and Tax Credit Carryforwards (Details) $ in Millions |
Sep. 29, 2018
USD ($)
|
|---|---|
| AMT Credit Carryforwards [Member] | |
| Income Taxes [Abstract] | |
| Tax credit carryforwards | $ 8 |
| Federal [Member] | |
| Income Taxes [Abstract] | |
| Operating loss carryforwards | 357 |
| State [Member] | |
| Income Taxes [Abstract] | |
| Operating loss carryforwards | 1,114 |
| State [Member] | Research and Development Tax Credits [Member] | |
| Income Taxes [Abstract] | |
| Tax credit carryforwards | 13 |
| State [Member] | Other Tax Credits [Member] | |
| Income Taxes [Abstract] | |
| Tax credit carryforwards | 10 |
| Foreign [Member] | |
| Income Taxes [Abstract] | |
| Operating loss carryforwards | $ 322 |
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The amount of the tax credit carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Income Taxes, Income Tax Receivable Agreement (Details) - USD ($) $ in Millions |
1 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Oct. 31, 2018 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Income Taxes [Abstract] | ||||
| Percentage of cash savings paid under tax receivable agreement | 85.00% | |||
| Adjustment to Paid-in capital for obligation under tax receivable agreement | $ 313 | |||
| Payment of tax receivable agreement | 37 | $ 111 | $ 57 | |
| Balance payable under tax receivable agreement | 39 | |||
| Deferred tax assets valuation allowance | 93 | 93 | ||
| Income taxes paid | 60 | $ 41 | $ 43 | |
| Repatriation tax charge | $ 21 | |||
| Maximum [Member] | ||||
| Income Taxes [Abstract] | ||||
| Period Federal net operating loss carryforwards should be available for use | 16 years | |||
| Subsequent Event [Member] | ||||
| Income Taxes [Abstract] | ||||
| Payment of tax receivable agreement | $ 16 | |||
| X | ||||||||||
- Definition Amount of decrease in additional paid in capital (APIC) attributable to the income tax receivable agreement (TRA) that provides for the payment to pre-initial public offering stockholders, option holders and holders of stock appreciation rights, 85% of the amounts of cash savings, if any, in U.S. federal, foreign, state and local income tax that are actually realized as a result of the utilization of the Company's net operating losses attributable to periods prior to the initial public offering. No definition available.
|
| X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligation payable to pre-initial public offering stockholders, option holders and holders of stock appreciation rights, 85% of the amounts of cash savings, if any, in U.S. federal, foreign, state and local income tax that are actually realized as a result of the utilization of the Company's net operating losses attributable to periods prior to the initial public offering under the income tax receivable agreement (TRA). No definition available.
|
| X | ||||||||||
- Definition The cash outflow related to payments under the tax receivable agreement entered into in connection with the Company's initial public offering. No definition available.
|
| X | ||||||||||
- Definition The percentage of the amount of cash savings, if any, in U.S. federal, foreign, state and local income tax that are actually realized as a result of the utilization of the Company's net operating losses attributable to periods prior to the initial public offering paid annually to holders of the income tax receivable agreement (TRA). No definition available.
|
| X | ||||||||||
- Definition Period of time Federal net operating loss carryforwards should be available for use, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
| X | ||||||||||
- Definition Amount of reasonable estimate for income tax expense from transition tax on accumulated earnings of controlled foreign corporation deemed repatriated pursuant to Tax Cuts and Jobs Act of 2017 for which accounting for tax effect is incomplete. No definition available.
|
| X | ||||||||||
- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Income Taxes, Uncertain Tax Positions (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Gross Unrecognized Tax Benefits [Roll Forward] | ||
| Beginning unrecognized tax benefits | $ 59 | $ 62 |
| Gross increases - tax positions in prior periods | 1 | 1 |
| Gross increases - current period tax positions | 19 | 4 |
| Gross decreases - tax positions in prior periods | 0 | (1) |
| Settlements | 0 | (3) |
| Lapse of statue of limitations | (5) | (4) |
| Ending unrecognized tax benefits | 74 | $ 59 |
| Unrecognized tax benefits that would affect effective tax rate if recognized | 72 | |
| Interest and penalties accrued for uncertain tax positions | $ 23 | |
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition Amount of unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of decrease in unrecognized tax benefits resulting from tax positions taken in prior period tax returns. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of decrease in unrecognized tax benefits resulting from settlements with taxing authorities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount accrued for interest on an underpayment of income taxes and penalties related to a tax position claimed or expected to be claimed in the tax return. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of increase in unrecognized tax benefits resulting from tax positions that have been or will be taken in current period tax return. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of increase in unrecognized tax benefits resulting from tax positions taken in prior period tax returns. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of decrease in unrecognized tax benefits resulting from lapses of applicable statutes of limitations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Retirement Plans, Change in Projected Benefit Obligations and Fair Value of Plan Assets (Details) - USD ($) $ in Millions |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
||||
| Defined Contribution 401 (k) Retirement Plan [Abstract] | ||||||
| Defined contribution plan expense | $ 20 | $ 18 | $ 10 | |||
| Change in Projected Benefit Obligations (PBO) [Roll Forward] | ||||||
| Interest cost | 11 | 11 | 16 | |||
| Change in Fair Value of Plan Assets [Roll Forward] | ||||||
| Plan assets at beginning of period | 291 | |||||
| Plan assets at end of period | 277 | 291 | ||||
| Loss related to reclassification of change to defined contribution plan | (10) | |||||
| Net unrealized losses in accumulated other comprehensive loss | (31) | |||||
| Amount expected to be amortized from accumulated other comprehensive loss in fiscal 2018 | $ 2 | |||||
| Period of time to recognize remaining net unrealized losses | 11 years | |||||
| Defined Benefit Pension Plans [Member] | ||||||
| Change in Projected Benefit Obligations (PBO) [Roll Forward] | ||||||
| PBO at beginning of period | $ 330 | 492 | ||||
| Interest cost | 11 | 11 | ||||
| Actuarial loss (gain) | (17) | (15) | ||||
| Plan conversion | 0 | (139) | [1] | |||
| Benefit settlements | 0 | (3) | ||||
| Benefits paid | (17) | (16) | ||||
| PBO at end of period | 307 | 330 | 492 | |||
| Change in Fair Value of Plan Assets [Roll Forward] | ||||||
| Plan assets at beginning of period | 291 | 418 | ||||
| Actual return on plan assets | 3 | 22 | ||||
| Company contributions | 0 | 7 | ||||
| Plan conversion | 0 | (136) | [1] | |||
| Benefit settlements | 0 | (2) | ||||
| Benefits paid | (17) | (18) | ||||
| Plan assets at end of period | 277 | 291 | 418 | |||
| Net amount recognized | (30) | (39) | ||||
| Retiree Health Plan [Member] | ||||||
| Change in Projected Benefit Obligations (PBO) [Roll Forward] | ||||||
| PBO at beginning of period | 7 | 7 | ||||
| Interest cost | 0 | 0 | ||||
| Actuarial loss (gain) | 0 | 0 | ||||
| Plan conversion | 0 | 0 | ||||
| Benefit settlements | 0 | 0 | ||||
| Benefits paid | (1) | 0 | ||||
| PBO at end of period | 6 | 7 | 7 | |||
| Change in Fair Value of Plan Assets [Roll Forward] | ||||||
| Plan assets at beginning of period | 0 | 0 | ||||
| Actual return on plan assets | 0 | 0 | ||||
| Company contributions | 1 | 1 | ||||
| Plan conversion | 0 | 0 | ||||
| Benefit settlements | 0 | 0 | ||||
| Benefits paid | (1) | (1) | ||||
| Plan assets at end of period | 0 | 0 | $ 0 | |||
| Net amount recognized | $ (6) | $ (7) | ||||
| ||||||
| X | ||||||||||
- Definition Period of time to recognize remaining unrealized losses of defined benefit plans included in accumulated other comprehensive loss in net periodic benefit (cost) credit, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
| X | ||||||||||
- Definition Amount, after tax, of accumulated other comprehensive income (loss) for gain (loss) of defined benefit plan, that has not been recognized in net periodic benefit (cost) credit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of increase (decrease) in plan assets of defined benefit plan from actual return (loss) determined by change in fair value of plan assets adjusted for contributions, benefit payments, and other expenses. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of gain (loss) from change in actuarial assumptions which (increases) decreases benefit obligation of defined benefit plan. Assumptions include, but are not limited to, interest, mortality, employee turnover, salary, and temporary deviation from substantive plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of increase (decrease) in plan assets of defined benefit plan from assets transferred into (from) plan. No definition available.
|
| X | ||||||||||
- Definition Amount of actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of payment to participant of defined benefit plan which decreases benefit obligation. For pension plan, payment includes, but is not limited to, pension benefits and death benefits. For other postretirement plan, payment includes, but is not limited to, prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of payment, which decreases benefit obligation of defined benefit plan, for irrevocable action relieving primary responsibility for benefit obligation and eliminating risk for obligation and assets used to effect settlement. Transaction constituting settlement includes, but is not limited to, making lump-sum cash payment to participant in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contract. Excludes decreases to benefit obligation for remeasurement due to settlement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition Amount of contribution received by defined benefit plan from employer which increases plan assets. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount included in accumulated other comprehensive income (loss) for gain (loss) of defined benefit plan expected to be recognized in net periodic benefit (cost) credit for fiscal year following most recent annual statement of financial position. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of funded (unfunded) status of defined benefit plan, measured as difference between fair value of plan assets and benefit obligation. Includes, but is not limited to, overfunded (underfunded) status. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of cost recognized for passage of time related to defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of increase (decrease) in benefit obligation of defined benefit plan from change in terms of existing plan or initiation of new plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of payment to participant under defined benefit plan which decreases plan assets. For pension plan, payment includes, but is not limited to, pension benefits and death benefits. For other postretirement plan, payment includes, but is not limited to, prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of payment, which decreases plan assets of defined benefit plan, for irrevocable action relieving primary responsibility for benefit obligation and eliminating risk for obligation and assets used to effect settlement. Transaction constituting settlement includes, but is not limited to, making lump-sum cash payment to participant in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contract. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of cost for defined contribution plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount, after tax, of reclassification adjustment from accumulated other comprehensive income (loss) for gain (loss) of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Retirement Plans, Weighted Average Assumptions Used to Determine Benefit Obligation and Benefit Cost (Details) |
12 Months Ended | |
|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Health-Care-Cost Trend Rates [Abstract] | ||
| Assumed health-care-cost trend rate | 7.00% | |
| Defined Benefit Pension Plans [Member] | ||
| Weighted-Average Assumptions [Abstract] | ||
| Discount rate for benefit obligation | 4.00% | 3.50% |
| Discount rate for net benefit cost | 3.50% | 3.20% |
| Expected return on plan assets for net benefit costs | 6.10% | 6.40% |
| Retiree Health Plan [Member] | ||
| Weighted-Average Assumptions [Abstract] | ||
| Discount rate for benefit obligation | 3.80% | 3.30% |
| Discount rate for net benefit cost | 3.30% | 2.90% |
| Expected return on plan assets for net benefit costs | 0.00% | 0.00% |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Weighted average rate for present value of future retirement benefits cash flows, used to determine benefit obligation of defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Weighted average rate for present value of future retirement benefits cash flows, used to determine net periodic benefit cost of defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Weighted average rate of return on plan assets, reflecting average rate of earnings expected on existing plan assets and expected contributions, used to determine net periodic benefit cost of defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Assumed rate, for next fiscal year, based on annual change in cost of health care cost benefits used to measure expected cost of benefits covered by defined benefit postretirement plan. Factors include, but are not limited to, estimate of health care inflation, change in health care utilization or delivery pattern, technological advances, and change in health status of participant. Excludes factors for change in composition of plan population by age and dependency status. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Retirement Plans, Fair Value of Plan Assets (Details) - USD ($) $ in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
|---|---|---|
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | $ 277 | $ 291 |
| Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 94 | 107 |
| Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 175 | 175 |
| Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 8 | 9 |
| Cash and Cash Equivalents [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 6 | 6 |
| Cash and Cash Equivalents [Member] | Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 6 | 6 |
| Cash and Cash Equivalents [Member] | Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| Cash and Cash Equivalents [Member] | Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| U.S. Large Cap Comingled Equity Funds [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 67 | 61 |
| U.S. Large Cap Comingled Equity Funds [Member] | Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| U.S. Large Cap Comingled Equity Funds [Member] | Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 67 | 61 |
| U.S. Large Cap Comingled Equity Funds [Member] | Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| U.S. Mid Cap Equity Mutual Funds [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 50 | 57 |
| U.S. Mid Cap Equity Mutual Funds [Member] | Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 50 | 57 |
| U.S. Mid Cap Equity Mutual Funds [Member] | Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| U.S. Mid Cap Equity Mutual Funds [Member] | Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| U.S. Small Cap Equity Mutual Funds [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 3 | 3 |
| U.S. Small Cap Equity Mutual Funds [Member] | Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 3 | 3 |
| U.S. Small Cap Equity Mutual Funds [Member] | Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| U.S. Small Cap Equity Mutual Funds [Member] | Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| International Equity Mutual Funds [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 15 | 14 |
| International Equity Mutual Funds [Member] | Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 15 | 14 |
| International Equity Mutual Funds [Member] | Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| International Equity Mutual Funds [Member] | Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| Real Estate Equity Investment Funds [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 3 | 4 |
| Real Estate Equity Investment Funds [Member] | Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 3 | 4 |
| Real Estate Equity Investment Funds [Member] | Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| Real Estate Equity Investment Funds [Member] | Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| Corporate Bond Mutual Funds [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 11 | 17 |
| Corporate Bond Mutual Funds [Member] | Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 11 | 17 |
| Corporate Bond Mutual Funds [Member] | Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| Corporate Bond Mutual Funds [Member] | Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| Corporate Bonds [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 108 | 114 |
| Corporate Bonds [Member] | Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| Corporate Bonds [Member] | Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 108 | 114 |
| Corporate Bonds [Member] | Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| Guaranteed Investment Account [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 8 | 9 |
| Guaranteed Investment Account [Member] | Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| Guaranteed Investment Account [Member] | Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| Guaranteed Investment Account [Member] | Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 8 | 9 |
| International Fixed Income Funds [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 6 | 6 |
| International Fixed Income Funds [Member] | Level 1 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 6 | 6 |
| International Fixed Income Funds [Member] | Level 2 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | 0 | 0 |
| International Fixed Income Funds [Member] | Level 3 [Member] | ||
| Retirement Plans [Abstract] | ||
| Fair value of plan assets | $ 0 | $ 0 |
| X | ||||||||||
- Definition Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Retirement Plans, Expected Future Benefit Payments (Details) $ in Millions |
Sep. 29, 2018
USD ($)
|
|---|---|
| Defined Benefit Pension Plans [Member] | |
| Expected Future Benefit Payments [Abstract] | |
| 2019 | $ 18 |
| 2020 | 18 |
| 2021 | 19 |
| 2022 | 19 |
| 2023 | 19 |
| 2024-2028 | 96 |
| Retiree Health Plan [Member] | |
| Expected Future Benefit Payments [Abstract] | |
| 2019 | 1 |
| 2020 | 1 |
| 2021 | 1 |
| 2022 | 0 |
| 2023 | 0 |
| 2024-2028 | $ 2 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of benefits for defined benefit plan expected to be paid in five fiscal years after fifth fiscal year following latest fiscal year. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of benefits for defined benefit plan expected to be paid in next fiscal year following latest fiscal year. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of benefits for defined benefit plan expected to be paid in fifth fiscal year following latest fiscal year. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of benefits for defined benefit plan expected to be paid in fourth fiscal year following latest fiscal year. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of benefits for defined benefit plan expected to be paid in third fiscal year following latest fiscal year. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of benefits for defined benefit plan expected to be paid in second fiscal year following latest fiscal year. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Retirement Plans, Net Pension and Retiree Health Benefit Expense (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Retirement Plans [Abstract] | |||
| Service cost | $ 0 | $ 0 | $ 3 |
| Interest cost | 11 | 11 | 16 |
| Amortization of net actuarial loss | 2 | 3 | 2 |
| Expected return on plan assets | (17) | (17) | (20) |
| Net periodic benefit cost | $ (4) | $ (3) | $ 1 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of expected return (loss) recognized in net periodic benefit (cost) credit, calculated based on expected long-term rate of return and market-related value of plan assets of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of cost recognized for passage of time related to defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of net periodic benefit cost (credit) for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of cost for actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Retirement Plans, Plan Asset Allocations (Details) - Defined Benefit Pension Plans [Member] - USD ($) $ in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
|---|---|---|
| Retirement Plans [Abstract] | ||
| Actual plan asset allocation | 100.00% | 100.00% |
| Equity Securities and Equity-Like Instruments [Member] | ||
| Retirement Plans [Abstract] | ||
| Actual plan asset allocation | 50.00% | 48.00% |
| Company Common Stock [Member] | ||
| Retirement Plans [Abstract] | ||
| Company stock held in plan assets | $ 43 | |
| Debt Securities and Debt-Like [Member] | ||
| Retirement Plans [Abstract] | ||
| Actual plan asset allocation | 45.00% | 47.00% |
| Other [Member] | ||
| Retirement Plans [Abstract] | ||
| Actual plan asset allocation | 5.00% | 5.00% |
| X | ||||||||||
- Definition Amount of employer security in which defined benefit plan asset is invested. Includes, but is not limited to, security issued or managed by related party of employer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Percentage of actual investment allocation to total plan assets. Includes, but is not limited to, percentage on weighted-average basis if more than one plan. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Restructuring and Impairment Charges, Restructuring Charges (Details) $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 29, 2018
USD ($)
|
Jun. 30, 2018
USD ($)
|
Mar. 31, 2018
USD ($)
|
Dec. 30, 2017
USD ($)
|
Sep. 30, 2017
USD ($)
|
Jul. 01, 2017
USD ($)
|
Apr. 01, 2017
USD ($)
|
Dec. 31, 2016
USD ($)
|
Sep. 29, 2018
USD ($)
Segment
Facility
|
Sep. 30, 2017
USD ($)
Facility
|
Oct. 01, 2016
USD ($)
Facility
|
|
| Restructuring Charges [Abstract] | |||||||||||
| Number of operating segments | Segment | 3 | ||||||||||
| Net sales | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 1,881 | $ 1,906 | $ 1,806 | $ 1,502 | $ 7,869 | $ 7,095 | $ 6,489 |
| Expected Restructuring Costs [Abstract] | |||||||||||
| Expected total costs | 95 | 95 | |||||||||
| Cumulative charges through Fiscal 2017 | 92 | 92 | |||||||||
| To be recognized in future | 3 | 3 | |||||||||
| Severance and Termination Benefits [Member] | |||||||||||
| Expected Restructuring Costs [Abstract] | |||||||||||
| Expected total costs | 75 | 75 | |||||||||
| Cumulative charges through Fiscal 2017 | 75 | 75 | |||||||||
| To be recognized in future | 0 | 0 | |||||||||
| Facility Exit Costs [Member] | |||||||||||
| Expected Restructuring Costs [Abstract] | |||||||||||
| Expected total costs | 15 | 15 | |||||||||
| Cumulative charges through Fiscal 2017 | 12 | 12 | |||||||||
| To be recognized in future | 3 | 3 | |||||||||
| Asset Impairment [Member] | |||||||||||
| Expected Restructuring Costs [Abstract] | |||||||||||
| Expected total costs | 5 | 5 | |||||||||
| Cumulative charges through Fiscal 2017 | 5 | 5 | |||||||||
| To be recognized in future | $ 0 | $ 0 | |||||||||
| Consumer Packaging [Member] | |||||||||||
| Restructuring Charges [Abstract] | |||||||||||
| Number of facilities shut down | Facility | 1 | 1 | |||||||||
| Number of facilities announced to be shut down | Facility | 1 | ||||||||||
| Number of facilities to be shut down | Facility | 2 | ||||||||||
| Net sales | $ 15 | $ 12 | $ 36 | ||||||||
| Health, Hygiene & Specialties [Member] | |||||||||||
| Restructuring Charges [Abstract] | |||||||||||
| Number of facilities shut down | Facility | 1 | 1 | |||||||||
| Net sales | $ 30 | $ 5 | |||||||||
| Engineered Materials [Member] | |||||||||||
| Restructuring Charges [Abstract] | |||||||||||
| Number of facilities shut down | Facility | 1 | ||||||||||
| Net sales | $ 10 | ||||||||||
| X | ||||||||||
- Definition The number of facilities announced to be shut down during the period as a result of restructuring activities. No definition available.
|
| X | ||||||||||
- Definition The number of facilities shut down during the period as a result of restructuring activities. No definition available.
|
| X | ||||||||||
- Definition The total number of facilities shut down or announced to be shut down during the period as a result of restructuring activities. No definition available.
|
| X | ||||||||||
- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. No definition available.
|
| X | ||||||||||
- Definition Amount of costs incurred to date for the specified restructuring cost. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount expected to be recognized in earnings for the specified restructuring cost. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of expected cost remaining for the specified restructuring cost. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Restructuring and Impairment Charges, Restructuring Charges by Segment (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Restructuring Charges [Abstract] | |||
| Restructuring charges | $ 36 | $ 24 | $ 32 |
| Engineered Materials [Member] | |||
| Restructuring Charges [Abstract] | |||
| Restructuring charges | 6 | 5 | 3 |
| Health, Hygiene & Specialties [Member] | |||
| Restructuring Charges [Abstract] | |||
| Restructuring charges | 27 | 11 | 20 |
| Consumer Packaging [Member] | |||
| Restructuring Charges [Abstract] | |||
| Restructuring charges | $ 3 | $ 8 | $ 9 |
| X | ||||||||||
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Restructuring and Impairment Charges, Restructuring Accrual Activity (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Restructuring Accrual [Roll Forward] | |||
| Beginning balance | $ 19 | $ 13 | |
| Acquisition | 13 | ||
| Charges | 36 | 24 | $ 32 |
| Non-cash asset impairment | 0 | (2) | (3) |
| Cash payments | (42) | (29) | |
| Ending balance | 13 | 19 | 13 |
| Employee Severance and Benefits [Member] | |||
| Restructuring Accrual [Roll Forward] | |||
| Beginning balance | 14 | 7 | |
| Acquisition | 13 | ||
| Charges | 34 | 18 | |
| Non-cash asset impairment | 0 | ||
| Cash payments | (39) | (24) | |
| Ending balance | 9 | 14 | 7 |
| Facility Exit Costs [Member] | |||
| Restructuring Accrual [Roll Forward] | |||
| Beginning balance | 5 | 6 | |
| Acquisition | 0 | ||
| Charges | 2 | 4 | |
| Non-cash asset impairment | 0 | ||
| Cash payments | (3) | (5) | |
| Ending balance | 4 | 5 | 6 |
| Non-Cash Impairment Charges [Member] | |||
| Restructuring Accrual [Roll Forward] | |||
| Beginning balance | 0 | 0 | |
| Acquisition | 0 | ||
| Charges | 0 | 2 | |
| Non-cash asset impairment | (2) | ||
| Cash payments | 0 | 0 | |
| Ending balance | $ 0 | $ 0 | $ 0 |
| X | ||||||||||
- Definition Amount of expenses associated with exit or disposal activities related to an acquisition pursuant to an authorized plan. No definition available.
|
| X | ||||||||||
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of cash payments made as the result of exit or disposal activities. Excludes payments associated with a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Related Party Transactions (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Related Party Transactions [Abstract] | |||
| Payment of tax receivable agreement | $ 37 | $ 111 | $ 57 |
| Apollo Global Management, LLC [Member] | |||
| Related Party Transactions [Abstract] | |||
| Payment of tax receivable agreement | $ 89 | ||
| X | ||||||||||
- Definition The cash outflow related to payments under the tax receivable agreement entered into in connection with the Company's initial public offering. No definition available.
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Details
|
Stockholders' Equity, Share Repurchases (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions |
12 Months Ended | |
|---|---|---|
Sep. 29, 2018 |
Aug. 31, 2018 |
|
| Stockholders' Equity [Abstract] | ||
| Authorized amount of share repurchase program | $ 500 | |
| Number of shares repurchased and retired (in shares) | 731 | |
| Shares repurchased and retired | $ 35 | |
| Average price of shares repurchased (in dollars per share) | $ 47.75 | |
| Common stock, par value (in dollars per share) | $ 0.01 |
| X | ||||||||||
- Definition The average price paid per share to repurchase shares of stock under a stock repurchase plan. No definition available.
|
| X | ||||||||||
- Definition Face amount or stated value per share of common stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of stock repurchase plan authorized. No definition available.
|
| X | ||||||||||
- Definition Number of shares that have been repurchased and retired during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
Stockholders' Equity, Equity Incentive Plans (Details) - USD ($) shares in Millions, $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Stockholders' Equity [Abstract] | |||
| Stock-based compensation expense | $ 23 | $ 20 | $ 20 |
| Intrinsic value of options exercised | $ 35 | ||
| 2015 Plan [Member] | |||
| Stockholders' Equity [Abstract] | |||
| Shares authorized for grant (in shares) | 12.5 | ||
| Increase in shares authorized for grant (in shares) | 5.0 | ||
| X | ||||||||||
- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Number of additional shares authorized for issuance under an established share-based compensation plan. No definition available.
|
| X | ||||||||||
- Definition The maximum number of shares (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of accumulated difference between fair value of underlying shares on dates of exercise and exercise price on options exercised (or share units converted) into shares. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Details
|
Stockholders' Equity, Stock Option Activity (Details) - $ / shares shares in Thousands |
12 Months Ended | |
|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Number of Shares [Roll Forward] | ||
| Options outstanding, beginning of period (in shares) | 10,760 | 11,716 |
| Options granted (in shares) | 1,453 | 1,820 |
| Options exercised (in shares) | (1,176) | (2,562) |
| Options forfeited or cancelled (in shares) | (293) | (214) |
| Options outstanding, end of period (in shares) | 10,744 | 10,760 |
| Weighted Average Exercise Price [Roll Forward] | ||
| Options outstanding, beginning of period (in dollars per share) | $ 28.18 | $ 21.44 |
| Options granted (in dollars per share) | 54.33 | 49.53 |
| Options exercised (in dollars per share) | 18.62 | 12.07 |
| Options forfeited or cancelled (in dollars per share) | 41.30 | 33.52 |
| Options outstanding, end of period (in dollars per share) | 32.40 | 28.18 |
| Additional Information [Abstract] | ||
| Option price range at end of period, lower limit (in dollars per share) | 3.04 | 3.04 |
| Option price range at end of period, upper limit (in dollars per share) | $ 54.33 | $ 49.53 |
| Options exercisable at end of period (in shares) | 5,154 | 4,108 |
| Options available for grant at period end (in shares) | 6,422 | 2,875 |
| Weighted average fair value of options granted during period (in dollars per share) | $ 17.84 | $ 15.52 |
| X | ||||||||||
- Definition The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Gross number of share options (or share units) granted during the period. No definition available.
|
| X | ||||||||||
- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
|
| X | ||||||||||
- Definition Weighted average price at which grantees could have acquired the underlying shares with respect to stock options that were terminated. No definition available.
|
| X | ||||||||||
- Definition Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
|
| X | ||||||||||
- Definition The floor of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The number of shares reserved for issuance pertaining to the outstanding exercisable stock options as of the balance sheet date in the customized range of exercise prices for which the market and performance vesting condition has been satisfied. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The ceiling of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Number of share options (or share units) exercised during the current period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Stockholders' Equity, Valuation Assumptions used for Options Granted (Details) |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Weighted Average Assumptions [Abstract] | |||
| Risk-free interest rate | 2.70% | 2.20% | 1.20% |
| Dividend yield | 0.00% | 0.00% | 0.00% |
| Volatility factor | 26.10% | 26.00% | 25.70% |
| Expected option life | 6 years 6 months | 6 years 6 months | 6 years 6 months |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Stockholders' Equity, Options Outstanding (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions |
12 Months Ended | |
|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Stockholders' Equity [Abstract] | ||
| Range of exercise prices, lower limit (in dollars per share) | $ 3.04 | $ 3.04 |
| Range of exercise prices, upper limit (in dollars per share) | $ 54.33 | $ 49.53 |
| Number exercisable options (in shares) | 5,154 | 4,108 |
| $ 3.04-54.33 [Member] | ||
| Stockholders' Equity [Abstract] | ||
| Range of exercise prices, lower limit (in dollars per share) | $ 3.04 | |
| Range of exercise prices, upper limit (in dollars per share) | $ 54.33 | |
| Number outstanding options (in shares) | 10,744 | |
| Intrinsic value of outstanding options | $ 172 | |
| Weighted remaining contractual life | 6 years 6 months | |
| Weighted exercise price (in dollars per share) | $ 32.40 | |
| Number exercisable options (in shares) | 5,154 | |
| Intrinsic value of exercisable options | $ 120 | |
| Unrecognized compensation | $ 25 | |
| Weighted recognition period | 1 year 10 months 24 days | |
| X | ||||||||||
- Definition Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Unrecognized cost of unvested options awarded to employees as compensation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The floor of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The number of shares reserved for issuance pertaining to the outstanding exercisable stock options as of the balance sheet date in the customized range of exercise prices for which the market and performance vesting condition has been satisfied. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The number of shares reserved for issuance pertaining to the outstanding stock options as of the balance sheet date for all option plans in the customized range of exercise prices. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The ceiling of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The weighted average price as of the balance sheet date at which grantees could acquire the underlying shares with respect to all outstanding stock options which are in the customized range of exercise prices. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Weighted average remaining contractual term of outstanding stock options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Details
|
Segment and Geographic Data, Selected Information by Reportable Segment (Details) $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 29, 2018
USD ($)
|
Jun. 30, 2018
USD ($)
|
Mar. 31, 2018
USD ($)
|
Dec. 30, 2017
USD ($)
|
Sep. 30, 2017
USD ($)
|
Jul. 01, 2017
USD ($)
|
Apr. 01, 2017
USD ($)
|
Dec. 31, 2016
USD ($)
|
Sep. 29, 2018
USD ($)
Segment
|
Sep. 30, 2017
USD ($)
|
Oct. 01, 2016
USD ($)
|
|
| Segment and Geographic Data [Abstract] | |||||||||||
| Number of reportable segments | Segment | 3 | ||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 1,881 | $ 1,906 | $ 1,806 | $ 1,502 | $ 7,869 | $ 7,095 | $ 6,489 |
| Operating income | 761 | 732 | 581 | ||||||||
| Depreciation and amortization | 538 | 521 | 525 | ||||||||
| Total assets | 9,131 | 8,476 | 9,131 | 8,476 | |||||||
| Goodwill | 2,944 | 2,775 | 2,944 | 2,775 | 2,406 | ||||||
| Engineered Materials [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 10 | ||||||||||
| Goodwill | 633 | 545 | 633 | 545 | 85 | ||||||
| Health, Hygiene & Specialties [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 30 | 5 | |||||||||
| Goodwill | 902 | 819 | 902 | 819 | 801 | ||||||
| Consumer Packaging [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 15 | 12 | 36 | ||||||||
| Goodwill | 1,409 | 1,411 | $ 1,409 | $ 1,411 | $ 1,520 | ||||||
| Net Sales [Member] | Engineered Materials [Member] | |||||||||||
| Segment and Geographic Data [Abstract] | |||||||||||
| Concentration risk percentage | 100.00% | 100.00% | 100.00% | ||||||||
| Net Sales [Member] | Health, Hygiene & Specialties [Member] | |||||||||||
| Segment and Geographic Data [Abstract] | |||||||||||
| Concentration risk percentage | 100.00% | 100.00% | 100.00% | ||||||||
| Net Sales [Member] | Consumer Packaging [Member] | |||||||||||
| Segment and Geographic Data [Abstract] | |||||||||||
| Concentration risk percentage | 100.00% | 100.00% | 100.00% | ||||||||
| North America [Member] | Net Sales [Member] | |||||||||||
| Segment and Geographic Data [Abstract] | |||||||||||
| Concentration risk percentage | 82.00% | ||||||||||
| North America [Member] | Long-Lived Assets [Member] | |||||||||||
| Segment and Geographic Data [Abstract] | |||||||||||
| Concentration risk percentage | 84.00% | ||||||||||
| North America [Member] | Total Assets [Member] | |||||||||||
| Segment and Geographic Data [Abstract] | |||||||||||
| Concentration risk percentage | 84.00% | ||||||||||
| Operating Segment [Member] | Engineered Materials [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | $ 2,672 | $ 2,375 | $ 1,627 | ||||||||
| Operating income | 368 | 316 | 182 | ||||||||
| Depreciation and amortization | 109 | 106 | 82 | ||||||||
| Total assets | 1,998 | 1,803 | 1,998 | 1,803 | |||||||
| Goodwill | 633 | 545 | 633 | 545 | |||||||
| Operating Segment [Member] | Health, Hygiene & Specialties [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 2,734 | 2,369 | 2,400 | ||||||||
| Operating income | 202 | 216 | 196 | ||||||||
| Depreciation and amortization | 200 | 184 | 199 | ||||||||
| Total assets | 3,913 | 3,496 | 3,913 | 3,496 | |||||||
| Goodwill | 902 | 819 | 902 | 819 | |||||||
| Operating Segment [Member] | Consumer Packaging [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 2,463 | 2,351 | 2,462 | ||||||||
| Operating income | 191 | 200 | 203 | ||||||||
| Depreciation and amortization | 229 | 231 | $ 244 | ||||||||
| Total assets | 3,220 | 3,177 | 3,220 | 3,177 | |||||||
| Goodwill | $ 1,409 | $ 1,411 | $ 1,409 | $ 1,411 | |||||||
| X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements. No definition available.
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
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| X | ||||||||||
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| X | ||||||||||
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| X | ||||||||||
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| X | ||||||||||
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| X | ||||||||||
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| X | ||||||||||
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|
Segment and Geographic Data, Selected Information by Geography (Details) - USD ($) $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Selected Information by Geography [Abstract] | |||||||||||
| Net sales | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 1,881 | $ 1,906 | $ 1,806 | $ 1,502 | $ 7,869 | $ 7,095 | $ 6,489 |
| Long-lived assets | 6,846 | 6,472 | 6,846 | 6,472 | |||||||
| Reportable Geography [Member] | North America [Member] | |||||||||||
| Selected Information by Geography [Abstract] | |||||||||||
| Net sales | 6,474 | 5,850 | 5,250 | ||||||||
| Long-lived assets | 5,764 | 5,303 | 5,764 | 5,303 | |||||||
| Reportable Geography [Member] | South America [Member] | |||||||||||
| Selected Information by Geography [Abstract] | |||||||||||
| Net sales | 332 | 333 | 336 | ||||||||
| Long-lived assets | 320 | 418 | 320 | 418 | |||||||
| Reportable Geography [Member] | Europe [Member] | |||||||||||
| Selected Information by Geography [Abstract] | |||||||||||
| Net sales | 807 | 646 | 661 | ||||||||
| Long-lived assets | 463 | 467 | 463 | 467 | |||||||
| Reportable Geography [Member] | Asia [Member] | |||||||||||
| Selected Information by Geography [Abstract] | |||||||||||
| Net sales | 256 | 266 | $ 242 | ||||||||
| Long-lived assets | $ 299 | $ 284 | $ 299 | $ 284 | |||||||
| X | ||||||||||
- Definition Long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
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| X | ||||||||||
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|
Segment and Geographic Data, Selected Information by Product Line (Details) - Net Sales [Member] |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Engineered Materials [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 100.00% | 100.00% | 100.00% |
| Engineered Materials [Member] | Core Films [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 46.00% | 49.00% | 72.00% |
| Engineered Materials [Member] | Retail & Industrial [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 54.00% | 51.00% | 28.00% |
| Health, Hygiene & Specialties [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 100.00% | 100.00% | 100.00% |
| Health, Hygiene & Specialties [Member] | Health [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 19.00% | 22.00% | 20.00% |
| Health, Hygiene & Specialties [Member] | Hygiene [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 43.00% | 44.00% | 45.00% |
| Health, Hygiene & Specialties [Member] | Specialties [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 38.00% | 34.00% | 35.00% |
| Consumer Packaging [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 100.00% | 100.00% | 100.00% |
| Consumer Packaging [Member] | Rigid Open Top [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 44.00% | 43.00% | 42.00% |
| Consumer Packaging [Member] | Rigid Closed Top [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 56.00% | 57.00% | 58.00% |
| X | ||||||||||
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
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- Details
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Net Income per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Net Income per Share [Abstract] | |||||||||||
| Antidilutive shares excluded from computation of earnings per share (in shares) | 0.0 | ||||||||||
| Numerator [Abstract] | |||||||||||
| Net income attributable to the Company | $ 133 | $ 110 | $ 90 | $ 163 | $ 110 | $ 107 | $ 72 | $ 51 | $ 496 | $ 340 | $ 236 |
| Denominator [Abstract] | |||||||||||
| Weighted average common shares outstanding - basic (in shares) | 131.4 | 127.6 | 120.8 | ||||||||
| Dilutive shares (in shares) | 3.8 | 5.0 | 4.2 | ||||||||
| Weighted average common and common equivalent shares outstanding - diluted (in shares) | 135.2 | 132.6 | 125.0 | ||||||||
| Per Common Share Income [Abstract] | |||||||||||
| Basic (in dollars per share) | $ 1.01 | $ 0.84 | $ 0.69 | $ 1.24 | $ 0.84 | $ 0.82 | $ 0.56 | $ 0.42 | $ 3.77 | $ 2.66 | $ 1.95 |
| Diluted (in dollars per share) | $ 0.99 | $ 0.81 | $ 0.66 | $ 1.20 | $ 0.81 | $ 0.79 | $ 0.54 | $ 0.40 | $ 3.67 | $ 2.56 | $ 1.89 |
| X | ||||||||||
- Definition Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
Guarantor and Non-Guarantor Financial Information, Condensed Supplemental Consolidated Statements of Operations (Details) - USD ($) $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Guarantor and Non-Guarantor Financial Information [Abstract] | |||||||||||
| Percentage ownership in guarantor subsidiaries | 100.00% | ||||||||||
| Condensed Supplemental Consolidated Statements of Operations [Abstract] | |||||||||||
| Net sales | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 1,881 | $ 1,906 | $ 1,806 | $ 1,502 | $ 7,869 | $ 7,095 | $ 6,489 |
| Cost of goods sold | 1,705 | 1,690 | 1,596 | 1,447 | 1,514 | 1,518 | 1,453 | 1,206 | 6,438 | 5,691 | 5,202 |
| Selling, general and administrative | 480 | 494 | 531 | ||||||||
| Amortization of intangibles | 154 | 154 | 143 | ||||||||
| Restructuring and impairment charges | 36 | 24 | 32 | ||||||||
| Operating income | 761 | 732 | 581 | ||||||||
| Other (income) expense, net | 25 | 14 | (18) | ||||||||
| Interest expense, net | 259 | 269 | 291 | ||||||||
| Equity in net income of subsidiaries | 0 | 0 | 0 | ||||||||
| Income (loss) before income taxes | 477 | 449 | 308 | ||||||||
| Income tax expense (benefit) | (19) | 109 | 72 | ||||||||
| Net income (loss) | $ 133 | $ 110 | $ 90 | $ 163 | $ 110 | $ 107 | $ 72 | $ 51 | 496 | 340 | 236 |
| Currency translation | (127) | 34 | (1) | ||||||||
| Interest rate hedges | 49 | 28 | (14) | ||||||||
| Defined benefit pension and retiree health benefit plans | 3 | 38 | (23) | ||||||||
| Provision for income taxes related to other comprehensive income items | (13) | (20) | 9 | ||||||||
| Comprehensive income (loss) | 408 | 420 | 207 | ||||||||
| Eliminations [Member] | |||||||||||
| Condensed Supplemental Consolidated Statements of Operations [Abstract] | |||||||||||
| Net sales | 0 | 0 | 0 | ||||||||
| Cost of goods sold | 0 | 0 | 0 | ||||||||
| Selling, general and administrative | 0 | 0 | 0 | ||||||||
| Amortization of intangibles | 0 | 0 | 0 | ||||||||
| Restructuring and impairment charges | 0 | 0 | 0 | ||||||||
| Operating income | 0 | 0 | 0 | ||||||||
| Other (income) expense, net | 0 | 0 | 0 | ||||||||
| Interest expense, net | 0 | 0 | 0 | ||||||||
| Equity in net income of subsidiaries | 784 | 790 | 587 | ||||||||
| Income (loss) before income taxes | (784) | (790) | (587) | ||||||||
| Income tax expense (benefit) | 19 | (109) | (71) | ||||||||
| Net income (loss) | (803) | (681) | (516) | ||||||||
| Currency translation | 127 | (34) | 1 | ||||||||
| Interest rate hedges | (49) | (38) | 14 | ||||||||
| Defined benefit pension and retiree health benefit plans | (3) | (28) | 23 | ||||||||
| Provision for income taxes related to other comprehensive income items | 13 | 20 | (9) | ||||||||
| Comprehensive income (loss) | (715) | (761) | (487) | ||||||||
| Parent [Member] | |||||||||||
| Condensed Supplemental Consolidated Statements of Operations [Abstract] | |||||||||||
| Net sales | 0 | 0 | 0 | ||||||||
| Cost of goods sold | 0 | 0 | 0 | ||||||||
| Selling, general and administrative | 0 | 0 | 0 | ||||||||
| Amortization of intangibles | 0 | 0 | 0 | ||||||||
| Restructuring and impairment charges | 0 | 0 | 0 | ||||||||
| Operating income | 0 | 0 | 0 | ||||||||
| Other (income) expense, net | 0 | 0 | 0 | ||||||||
| Interest expense, net | 0 | 0 | 0 | ||||||||
| Equity in net income of subsidiaries | (477) | (449) | (308) | ||||||||
| Income (loss) before income taxes | 477 | 449 | 308 | ||||||||
| Income tax expense (benefit) | (19) | 109 | 72 | ||||||||
| Net income (loss) | 496 | 340 | 236 | ||||||||
| Currency translation | (127) | 34 | (1) | ||||||||
| Interest rate hedges | 49 | 28 | (14) | ||||||||
| Defined benefit pension and retiree health benefit plans | 3 | 38 | (23) | ||||||||
| Provision for income taxes related to other comprehensive income items | (13) | (20) | 9 | ||||||||
| Comprehensive income (loss) | 408 | 420 | 207 | ||||||||
| Issuer [Member] | |||||||||||
| Condensed Supplemental Consolidated Statements of Operations [Abstract] | |||||||||||
| Net sales | 574 | 587 | 599 | ||||||||
| Cost of goods sold | 346 | 438 | 476 | ||||||||
| Selling, general and administrative | 63 | 55 | 72 | ||||||||
| Amortization of intangibles | 1 | 6 | 8 | ||||||||
| Restructuring and impairment charges | 0 | 0 | 0 | ||||||||
| Operating income | 164 | 88 | 43 | ||||||||
| Other (income) expense, net | 8 | 8 | 15 | ||||||||
| Interest expense, net | 8 | 12 | 36 | ||||||||
| Equity in net income of subsidiaries | (307) | (341) | (279) | ||||||||
| Income (loss) before income taxes | 455 | 409 | 271 | ||||||||
| Income tax expense (benefit) | (41) | 69 | 34 | ||||||||
| Net income (loss) | 496 | 340 | 237 | ||||||||
| Currency translation | (11) | 0 | 0 | ||||||||
| Interest rate hedges | 49 | 28 | (14) | ||||||||
| Defined benefit pension and retiree health benefit plans | 0 | 25 | (10) | ||||||||
| Provision for income taxes related to other comprehensive income items | (13) | (20) | 9 | ||||||||
| Comprehensive income (loss) | 521 | 373 | 222 | ||||||||
| Guarantor Subsidiaries [Member] | |||||||||||
| Condensed Supplemental Consolidated Statements of Operations [Abstract] | |||||||||||
| Net sales | 5,465 | 4,861 | 4,220 | ||||||||
| Cost of goods sold | 4,558 | 3,920 | 3,388 | ||||||||
| Selling, general and administrative | 309 | 335 | 324 | ||||||||
| Amortization of intangibles | 127 | 120 | 107 | ||||||||
| Restructuring and impairment charges | 20 | 14 | 28 | ||||||||
| Operating income | 451 | 472 | 373 | ||||||||
| Other (income) expense, net | 8 | (1) | (211) | ||||||||
| Interest expense, net | 225 | 229 | 205 | ||||||||
| Equity in net income of subsidiaries | 0 | 0 | 0 | ||||||||
| Income (loss) before income taxes | 218 | 244 | 379 | ||||||||
| Income tax expense (benefit) | (2) | 0 | 8 | ||||||||
| Net income (loss) | 220 | 244 | 371 | ||||||||
| Currency translation | (3) | 0 | 0 | ||||||||
| Interest rate hedges | 0 | 0 | 0 | ||||||||
| Defined benefit pension and retiree health benefit plans | 0 | 0 | 0 | ||||||||
| Provision for income taxes related to other comprehensive income items | 0 | 0 | 0 | ||||||||
| Comprehensive income (loss) | 217 | 244 | 371 | ||||||||
| Non-Guarantor Subsidiaries [Member] | |||||||||||
| Condensed Supplemental Consolidated Statements of Operations [Abstract] | |||||||||||
| Net sales | 1,830 | 1,647 | 1,670 | ||||||||
| Cost of goods sold | 1,534 | 1,333 | 1,338 | ||||||||
| Selling, general and administrative | 108 | 104 | 135 | ||||||||
| Amortization of intangibles | 26 | 28 | 28 | ||||||||
| Restructuring and impairment charges | 16 | 10 | 4 | ||||||||
| Operating income | 146 | 172 | 165 | ||||||||
| Other (income) expense, net | 9 | 7 | 178 | ||||||||
| Interest expense, net | 26 | 28 | 50 | ||||||||
| Equity in net income of subsidiaries | 0 | 0 | 0 | ||||||||
| Income (loss) before income taxes | 111 | 137 | (63) | ||||||||
| Income tax expense (benefit) | 24 | 40 | 29 | ||||||||
| Net income (loss) | 87 | 97 | (92) | ||||||||
| Currency translation | (113) | 34 | (1) | ||||||||
| Interest rate hedges | 0 | 0 | 0 | ||||||||
| Defined benefit pension and retiree health benefit plans | 3 | 13 | (13) | ||||||||
| Provision for income taxes related to other comprehensive income items | 0 | 0 | 0 | ||||||||
| Comprehensive income (loss) | $ (23) | $ 144 | $ (106) | ||||||||
| X | ||||||||||
- Definition The parent entity's interest in the guarantor subsidiaries, expressed as a percentage. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before tax of income (loss) of subsidiary attributable to the parent entity. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The net amount of nonoperating interest income (expense). No definition available.
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
- Definition Amount, before tax, after reclassification adjustment, of (increase) decrease in accumulated other comprehensive (income) loss for defined benefit plan, attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before tax, after reclassification adjustments, of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss), attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount before tax, after reclassification adjustments of gain (loss) on foreign currency translation adjustments, on foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of tax expense (benefit) allocated to other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of restructuring charges, remediation cost, and asset impairment loss. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Guarantor and Non-Guarantor Financial Information, Condensed Supplemental Consolidated Balance Sheet (Details) - USD ($) $ in Millions |
Sep. 29, 2018 |
Sep. 30, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jan. 02, 2016 |
Sep. 26, 2015 |
|---|---|---|---|---|---|---|
| Current assets [Abstract] | ||||||
| Cash and cash equivalents | $ 381 | $ 306 | $ 306 | $ 323 | $ 323 | $ 228 |
| Accounts receivable, net | 941 | 847 | ||||
| Intercompany receivable | 0 | 0 | ||||
| Inventories | 887 | 762 | ||||
| Prepaid expenses and other current | 76 | 89 | ||||
| Total current assets | 2,285 | 2,004 | ||||
| Property, plant and equipment, net | 2,488 | 2,366 | ||||
| Goodwill and intangible assets, net | 4,284 | 4,061 | ||||
| Investment in subsidiaries | 0 | 0 | ||||
| Other assets | 74 | 45 | ||||
| Total assets | 9,131 | 8,476 | ||||
| Current liabilities [Abstract] | ||||||
| Accounts payable | 783 | 638 | ||||
| Accrued expenses and other current liabilities | 416 | 463 | ||||
| Intercompany payable | 0 | 0 | ||||
| Current portion of long-term debt | 38 | 33 | ||||
| Total current liabilities | 1,237 | 1,134 | ||||
| Long-term debt, less current portion | 5,806 | 5,608 | ||||
| Deferred income taxes | 365 | 419 | ||||
| Other long-term liabilities | 289 | 300 | ||||
| Total long-term liabilities | 6,460 | 6,327 | ||||
| Total liabilities | 7,697 | 7,461 | ||||
| Total equity (deficit) | 1,434 | 1,015 | 221 | (65) | ||
| Total liabilities and stockholders' equity | 9,131 | 8,476 | ||||
| Eliminations [Member] | ||||||
| Current assets [Abstract] | ||||||
| Cash and cash equivalents | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts receivable, net | 0 | 0 | ||||
| Intercompany receivable | (2,252) | (2,729) | ||||
| Inventories | 0 | 0 | ||||
| Prepaid expenses and other current | 0 | 0 | ||||
| Total current assets | (2,252) | (2,729) | ||||
| Property, plant and equipment, net | 0 | 0 | ||||
| Goodwill and intangible assets, net | 0 | 0 | ||||
| Investment in subsidiaries | (8,769) | (7,337) | ||||
| Other assets | 0 | 0 | ||||
| Total assets | (11,021) | (10,066) | ||||
| Current liabilities [Abstract] | ||||||
| Accounts payable | 0 | 0 | ||||
| Accrued expenses and other current liabilities | 0 | 0 | ||||
| Intercompany payable | (2,252) | (2,729) | ||||
| Current portion of long-term debt | 0 | 0 | ||||
| Total current liabilities | (2,252) | (2,729) | ||||
| Long-term debt, less current portion | 0 | 0 | ||||
| Deferred income taxes | 0 | 0 | ||||
| Other long-term liabilities | 0 | 0 | ||||
| Total long-term liabilities | 0 | 0 | ||||
| Total liabilities | (2,252) | (2,729) | ||||
| Total equity (deficit) | (8,769) | (7,337) | ||||
| Total liabilities and stockholders' equity | (11,021) | (10,066) | ||||
| Parent [Member] | ||||||
| Current assets [Abstract] | ||||||
| Cash and cash equivalents | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts receivable, net | 0 | 0 | ||||
| Intercompany receivable | 296 | 512 | ||||
| Inventories | 0 | 0 | ||||
| Prepaid expenses and other current | 0 | 0 | ||||
| Total current assets | 296 | 512 | ||||
| Property, plant and equipment, net | 0 | 0 | ||||
| Goodwill and intangible assets, net | 0 | 0 | ||||
| Investment in subsidiaries | 1,513 | 992 | ||||
| Other assets | 31 | 0 | ||||
| Total assets | 1,840 | 1,504 | ||||
| Current liabilities [Abstract] | ||||||
| Accounts payable | 0 | 0 | ||||
| Accrued expenses and other current liabilities | 18 | 36 | ||||
| Intercompany payable | 0 | 0 | ||||
| Current portion of long-term debt | 0 | 0 | ||||
| Total current liabilities | 18 | 36 | ||||
| Long-term debt, less current portion | 0 | 0 | ||||
| Deferred income taxes | 365 | 419 | ||||
| Other long-term liabilities | 23 | 34 | ||||
| Total long-term liabilities | 388 | 453 | ||||
| Total liabilities | 406 | 489 | ||||
| Total equity (deficit) | 1,434 | 1,015 | ||||
| Total liabilities and stockholders' equity | 1,840 | 1,504 | ||||
| Issuer [Member] | ||||||
| Current assets [Abstract] | ||||||
| Cash and cash equivalents | 133 | 18 | 18 | 102 | 102 | 163 |
| Accounts receivable, net | 42 | 49 | ||||
| Intercompany receivable | 1,907 | 2,217 | ||||
| Inventories | 56 | 42 | ||||
| Prepaid expenses and other current | 18 | 7 | ||||
| Total current assets | 2,156 | 2,333 | ||||
| Property, plant and equipment, net | 79 | 80 | ||||
| Goodwill and intangible assets, net | 79 | 79 | ||||
| Investment in subsidiaries | 6,151 | 5,240 | ||||
| Other assets | 17 | 16 | ||||
| Total assets | 8,482 | 7,748 | ||||
| Current liabilities [Abstract] | ||||||
| Accounts payable | 42 | 43 | ||||
| Accrued expenses and other current liabilities | 146 | 168 | ||||
| Intercompany payable | 0 | 0 | ||||
| Current portion of long-term debt | 30 | 32 | ||||
| Total current liabilities | 218 | 243 | ||||
| Long-term debt, less current portion | 5,782 | 5,579 | ||||
| Deferred income taxes | 0 | 0 | ||||
| Other long-term liabilities | 163 | 128 | ||||
| Total long-term liabilities | 5,945 | 5,707 | ||||
| Total liabilities | 6,163 | 5,950 | ||||
| Total equity (deficit) | 2,319 | 1,798 | ||||
| Total liabilities and stockholders' equity | 8,482 | 7,748 | ||||
| Guarantor Subsidiaries [Member] | ||||||
| Current assets [Abstract] | ||||||
| Cash and cash equivalents | 4 | 12 | 12 | 5 | 5 | 0 |
| Accounts receivable, net | 555 | 503 | ||||
| Intercompany receivable | 0 | 0 | ||||
| Inventories | 664 | 567 | ||||
| Prepaid expenses and other current | 17 | 31 | ||||
| Total current assets | 1,240 | 1,113 | ||||
| Property, plant and equipment, net | 1,684 | 1,564 | ||||
| Goodwill and intangible assets, net | 3,742 | 3,476 | ||||
| Investment in subsidiaries | 1,105 | 1,105 | ||||
| Other assets | 2 | 2 | ||||
| Total assets | 7,773 | 7,260 | ||||
| Current liabilities [Abstract] | ||||||
| Accounts payable | 468 | 356 | ||||
| Accrued expenses and other current liabilities | 159 | 181 | ||||
| Intercompany payable | 2,252 | 2,667 | ||||
| Current portion of long-term debt | 8 | 0 | ||||
| Total current liabilities | 2,887 | 3,204 | ||||
| Long-term debt, less current portion | 23 | 29 | ||||
| Deferred income taxes | 0 | 0 | ||||
| Other long-term liabilities | 45 | 70 | ||||
| Total long-term liabilities | 68 | 99 | ||||
| Total liabilities | 2,955 | 3,303 | ||||
| Total equity (deficit) | 4,818 | 3,957 | ||||
| Total liabilities and stockholders' equity | 7,773 | 7,260 | ||||
| Non-Guarantor Subsidiaries [Member] | ||||||
| Current assets [Abstract] | ||||||
| Cash and cash equivalents | 244 | 276 | $ 276 | $ 216 | $ 216 | $ 65 |
| Accounts receivable, net | 344 | 295 | ||||
| Intercompany receivable | 49 | 0 | ||||
| Inventories | 167 | 153 | ||||
| Prepaid expenses and other current | 41 | 51 | ||||
| Total current assets | 845 | 775 | ||||
| Property, plant and equipment, net | 725 | 722 | ||||
| Goodwill and intangible assets, net | 463 | 506 | ||||
| Investment in subsidiaries | 0 | 0 | ||||
| Other assets | 24 | 27 | ||||
| Total assets | 2,057 | 2,030 | ||||
| Current liabilities [Abstract] | ||||||
| Accounts payable | 273 | 239 | ||||
| Accrued expenses and other current liabilities | 93 | 78 | ||||
| Intercompany payable | 0 | 62 | ||||
| Current portion of long-term debt | 0 | 1 | ||||
| Total current liabilities | 366 | 380 | ||||
| Long-term debt, less current portion | 1 | 0 | ||||
| Deferred income taxes | 0 | 0 | ||||
| Other long-term liabilities | 58 | 68 | ||||
| Total long-term liabilities | 59 | 68 | ||||
| Total liabilities | 425 | 448 | ||||
| Total equity (deficit) | 1,632 | 1,582 | ||||
| Total liabilities and stockholders' equity | $ 2,057 | $ 2,030 |
| X | ||||||||||
- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of receivables due from an entity that is affiliated with the reporting entity by means of direct or indirect ownership, due within 1 year (or 1 business cycle). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of payable due to an entity that is affiliated with the reporting entity by means of direct or indirect ownership. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Carrying amount of finite-lived intangible assets, indefinite-lived intangible assets and goodwill. Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets are assets, not including financial assets, lacking physical substance. No definition available.
|
| X | ||||||||||
- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of investment in equity method investee and investment in and advance to affiliate. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of obligation due after one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of long-term debt and capital lease obligation due after one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of long-term debt and capital leases due within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of noncurrent assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of liabilities classified as other, due after one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Guarantor and Non-Guarantor Financial Information, Condensed Supplemental Consolidated Statements of Cash Flows (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Condensed Supplemental Consolidated Statements of Cash Flows [Abstract] | |||
| Cash flow from operating activities | $ 1,004 | $ 975 | $ 857 |
| Cash Flow from Investing Activities [Abstract] | |||
| Additions to property, plant and equipment | (336) | (269) | (288) |
| Proceeds from sale of assets | 3 | 6 | 5 |
| (Contributions) distributions to/from subsidiaries | 0 | 0 | 0 |
| Intercompany advances (repayments) | 0 | 0 | 0 |
| Acquisition of business, net of cash acquired | (702) | (515) | (2,283) |
| Other investing activities, net | 0 | 4 | (13) |
| Net cash from investing activities | (1,035) | (774) | (2,579) |
| Cash Flow from Financing Activities [Abstract] | |||
| Proceeds from long-term borrowings | 498 | 495 | 2,490 |
| Repayment of long-term borrowings | (335) | (636) | (524) |
| Proceeds from issuance of common stock | 23 | 31 | 26 |
| Repurchase of common stock | (33) | 0 | 0 |
| Payment of tax receivable agreement | (37) | (111) | (57) |
| Debt financing costs | (3) | (5) | (40) |
| Purchase of non-controlling interest | 0 | 0 | (78) |
| Changes in intercompany balances | 0 | 0 | 0 |
| Contribution from Parent | 0 | 0 | 0 |
| Net cash from financing activities | 113 | (226) | 1,817 |
| Effect of currency translation on cash | (7) | 8 | 0 |
| Net change in cash and cash equivalents | 75 | (17) | 95 |
| Cash and cash equivalents at beginning of period | 306 | 323 | 228 |
| Cash and cash equivalents at end of period | 381 | 306 | 323 |
| Eliminations [Member] | |||
| Condensed Supplemental Consolidated Statements of Cash Flows [Abstract] | |||
| Cash flow from operating activities | 0 | 0 | 0 |
| Cash Flow from Investing Activities [Abstract] | |||
| Additions to property, plant and equipment | 0 | 0 | 0 |
| Proceeds from sale of assets | 0 | 0 | 0 |
| (Contributions) distributions to/from subsidiaries | 705 | 515 | 2,260 |
| Intercompany advances (repayments) | (538) | (428) | (96) |
| Acquisition of business, net of cash acquired | 0 | 0 | 0 |
| Other investing activities, net | 0 | 0 | |
| Net cash from investing activities | 167 | 87 | 2,164 |
| Cash Flow from Financing Activities [Abstract] | |||
| Proceeds from long-term borrowings | 0 | 0 | 0 |
| Repayment of long-term borrowings | 0 | 0 | 0 |
| Proceeds from issuance of common stock | 0 | 0 | 0 |
| Repurchase of common stock | 0 | ||
| Payment of tax receivable agreement | 0 | 0 | 0 |
| Debt financing costs | 0 | 0 | 0 |
| Purchase of non-controlling interest | 0 | ||
| Changes in intercompany balances | 538 | 428 | 96 |
| Contribution from Parent | (705) | (515) | (2,260) |
| Net cash from financing activities | (167) | (87) | (2,164) |
| Effect of currency translation on cash | 0 | 0 | 0 |
| Net change in cash and cash equivalents | 0 | 0 | 0 |
| Cash and cash equivalents at beginning of period | 0 | 0 | 0 |
| Cash and cash equivalents at end of period | 0 | 0 | 0 |
| Parent [Member] | |||
| Condensed Supplemental Consolidated Statements of Cash Flows [Abstract] | |||
| Cash flow from operating activities | 0 | 0 | 0 |
| Cash Flow from Investing Activities [Abstract] | |||
| Additions to property, plant and equipment | 0 | 0 | 0 |
| Proceeds from sale of assets | 0 | 0 | 0 |
| (Contributions) distributions to/from subsidiaries | 10 | (31) | (26) |
| Intercompany advances (repayments) | 0 | 0 | 0 |
| Acquisition of business, net of cash acquired | 0 | 0 | 0 |
| Other investing activities, net | 0 | 0 | |
| Net cash from investing activities | 10 | (31) | (26) |
| Cash Flow from Financing Activities [Abstract] | |||
| Proceeds from long-term borrowings | 0 | 0 | 0 |
| Repayment of long-term borrowings | 0 | 0 | 0 |
| Proceeds from issuance of common stock | 23 | 31 | 26 |
| Repurchase of common stock | (33) | ||
| Payment of tax receivable agreement | (37) | (111) | (57) |
| Debt financing costs | 0 | 0 | 0 |
| Purchase of non-controlling interest | 0 | ||
| Changes in intercompany balances | 37 | 111 | 57 |
| Contribution from Parent | 0 | 0 | 0 |
| Net cash from financing activities | (10) | 31 | 26 |
| Effect of currency translation on cash | 0 | 0 | 0 |
| Net change in cash and cash equivalents | 0 | 0 | 0 |
| Cash and cash equivalents at beginning of period | 0 | 0 | 0 |
| Cash and cash equivalents at end of period | 0 | 0 | 0 |
| Issuer [Member] | |||
| Condensed Supplemental Consolidated Statements of Cash Flows [Abstract] | |||
| Cash flow from operating activities | 133 | 128 | 103 |
| Cash Flow from Investing Activities [Abstract] | |||
| Additions to property, plant and equipment | (5) | (19) | (13) |
| Proceeds from sale of assets | 0 | 1 | 0 |
| (Contributions) distributions to/from subsidiaries | (715) | (484) | (2,234) |
| Intercompany advances (repayments) | 538 | 428 | 96 |
| Acquisition of business, net of cash acquired | 0 | 0 | 0 |
| Other investing activities, net | 4 | (13) | |
| Net cash from investing activities | (182) | (70) | (2,164) |
| Cash Flow from Financing Activities [Abstract] | |||
| Proceeds from long-term borrowings | 498 | 495 | 2,490 |
| Repayment of long-term borrowings | (331) | (632) | (450) |
| Proceeds from issuance of common stock | 0 | 0 | 0 |
| Repurchase of common stock | 0 | ||
| Payment of tax receivable agreement | 0 | 0 | 0 |
| Debt financing costs | (3) | (5) | (40) |
| Purchase of non-controlling interest | 0 | ||
| Changes in intercompany balances | 0 | 0 | 0 |
| Contribution from Parent | 0 | 0 | 0 |
| Net cash from financing activities | 164 | (142) | 2,000 |
| Effect of currency translation on cash | 0 | 0 | 0 |
| Net change in cash and cash equivalents | 115 | (84) | (61) |
| Cash and cash equivalents at beginning of period | 18 | 102 | 163 |
| Cash and cash equivalents at end of period | 133 | 18 | 102 |
| Guarantor Subsidiaries [Member] | |||
| Condensed Supplemental Consolidated Statements of Cash Flows [Abstract] | |||
| Cash flow from operating activities | 651 | 647 | 566 |
| Cash Flow from Investing Activities [Abstract] | |||
| Additions to property, plant and equipment | (241) | (209) | (239) |
| Proceeds from sale of assets | 3 | 5 | 5 |
| (Contributions) distributions to/from subsidiaries | 0 | 0 | 0 |
| Intercompany advances (repayments) | 0 | 0 | 0 |
| Acquisition of business, net of cash acquired | (632) | (515) | (368) |
| Other investing activities, net | 0 | 0 | |
| Net cash from investing activities | (870) | (719) | (602) |
| Cash Flow from Financing Activities [Abstract] | |||
| Proceeds from long-term borrowings | 0 | 0 | 0 |
| Repayment of long-term borrowings | (3) | (3) | (23) |
| Proceeds from issuance of common stock | 0 | 0 | 0 |
| Repurchase of common stock | 0 | ||
| Payment of tax receivable agreement | 0 | 0 | 0 |
| Debt financing costs | 0 | 0 | 0 |
| Purchase of non-controlling interest | (66) | ||
| Changes in intercompany balances | (418) | (433) | (238) |
| Contribution from Parent | 632 | 515 | 368 |
| Net cash from financing activities | 211 | 79 | 41 |
| Effect of currency translation on cash | 0 | 0 | 0 |
| Net change in cash and cash equivalents | (8) | 7 | 5 |
| Cash and cash equivalents at beginning of period | 12 | 5 | 0 |
| Cash and cash equivalents at end of period | 4 | 12 | 5 |
| Non-Guarantor Subsidiaries [Member] | |||
| Condensed Supplemental Consolidated Statements of Cash Flows [Abstract] | |||
| Cash flow from operating activities | 220 | 200 | 188 |
| Cash Flow from Investing Activities [Abstract] | |||
| Additions to property, plant and equipment | (90) | (41) | (36) |
| Proceeds from sale of assets | 0 | 0 | 0 |
| (Contributions) distributions to/from subsidiaries | 0 | 0 | 0 |
| Intercompany advances (repayments) | 0 | 0 | 0 |
| Acquisition of business, net of cash acquired | (70) | 0 | (1,915) |
| Other investing activities, net | 0 | 0 | |
| Net cash from investing activities | (160) | (41) | (1,951) |
| Cash Flow from Financing Activities [Abstract] | |||
| Proceeds from long-term borrowings | 0 | 0 | 0 |
| Repayment of long-term borrowings | (1) | (1) | (51) |
| Proceeds from issuance of common stock | 0 | 0 | 0 |
| Repurchase of common stock | 0 | ||
| Payment of tax receivable agreement | 0 | 0 | 0 |
| Debt financing costs | 0 | 0 | 0 |
| Purchase of non-controlling interest | (12) | ||
| Changes in intercompany balances | (157) | (106) | 85 |
| Contribution from Parent | 73 | 0 | 1,892 |
| Net cash from financing activities | (85) | (107) | 1,914 |
| Effect of currency translation on cash | (7) | 8 | 0 |
| Net change in cash and cash equivalents | (32) | 60 | 151 |
| Cash and cash equivalents at beginning of period | 276 | 216 | 65 |
| Cash and cash equivalents at end of period | $ 244 | $ 276 | $ 216 |
| X | ||||||||||
- Definition Amount of cash inflow (outflow) from changes in intercompany balances. No definition available.
|
| X | ||||||||||
- Definition Amount of cash (outflow) inflow for (contributions to) distributions from subsidiaries. No definition available.
|
| X | ||||||||||
- Definition The cash outflow related to payments under the tax receivable agreement entered into in connection with the Company's initial public offering. No definition available.
|
| X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. No definition available.
|
| X | ||||||||||
- Definition Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash (inflow) outflow from investing activities classified as other. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The cash outflow to reacquire common stock during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The cash inflow from parent as a source of financing that is recorded as additional paid in capital. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow or outflow associated with long-term loans for related parties where one party can exercise control or significant influence over another party, including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from (Payments for) Advances to Affiliates. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Aggregate cash proceeds received from a combination of transactions that are classified as investing activities in which assets, which may include one or more investments, are sold to third-party buyers. This element can be used by entities to aggregate proceeds from all asset sales that are classified as investing activities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|
| Quarterly Financial Data (Unaudited) [Abstract] | |||||||||||
| Net sales | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 1,881 | $ 1,906 | $ 1,806 | $ 1,502 | $ 7,869 | $ 7,095 | $ 6,489 |
| Cost of goods sold | 1,705 | 1,690 | 1,596 | 1,447 | 1,514 | 1,518 | 1,453 | 1,206 | 6,438 | 5,691 | 5,202 |
| Gross profit | 349 | 382 | 371 | 329 | 367 | 388 | 353 | 296 | |||
| Net income | $ 133 | $ 110 | $ 90 | $ 163 | $ 110 | $ 107 | $ 72 | $ 51 | $ 496 | $ 340 | $ 236 |
| Net Income per Share [Abstract] | |||||||||||
| Basic (in dollars per share) | $ 1.01 | $ 0.84 | $ 0.69 | $ 1.24 | $ 0.84 | $ 0.82 | $ 0.56 | $ 0.42 | $ 3.77 | $ 2.66 | $ 1.95 |
| Diluted (in dollars per share) | $ 0.99 | $ 0.81 | $ 0.66 | $ 1.20 | $ 0.81 | $ 0.79 | $ 0.54 | $ 0.40 | $ 3.67 | $ 2.56 | $ 1.89 |
| X | ||||||||||
- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|