| X | ||||||||||
- Definition Boolean flag that is true when the XBRL content amends previously-filed or accepted submission. No definition available.
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| X | ||||||||||
- Definition Area code of city No definition available.
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| X | ||||||||||
- Definition Cover page. No definition available.
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| X | ||||||||||
- Definition End date of current fiscal year in the format --MM-DD. No definition available.
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| X | ||||||||||
- Definition Boolean flag that is true only for a form used as an annual report. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY. No definition available.
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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- Definition Boolean flag that is true only for a form used as a transition report. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- 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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| X | ||||||||||
- Definition Address Line 1 such as Attn, Building Name, Street Name No definition available.
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| X | ||||||||||
- Definition Address Line 2 such as Street or Suite number No definition available.
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| X | ||||||||||
- Definition Name of the City or Town No definition available.
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| X | ||||||||||
- Definition Code for the postal or zip code No definition available.
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| X | ||||||||||
- Definition Name of the state or province. No definition available.
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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- Definition Indicate if registrant meets the emerging growth company criteria. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen. No definition available.
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| X | ||||||||||
- Definition Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-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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| X | ||||||||||
- Definition Two-character EDGAR code representing the state or country of incorporation. No definition available.
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| X | ||||||||||
- Definition Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter. No definition available.
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| X | ||||||||||
- 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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| X | ||||||||||
- Definition Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Indicates that the company is a Smaller Reporting Company (SRC). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- Definition Local phone number for entity. No definition available.
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| X | ||||||||||
- Definition Title of a 12(b) registered security. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Name of the Exchange on which a security is registered. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Trading symbol of an instrument as listed on an exchange. No definition available.
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Consolidated Statements of Income - USD ($) $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 28, 2019 |
Jun. 29, 2019 |
Mar. 30, 2019 |
Dec. 29, 2018 |
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Consolidated Statements of Income [Abstract] | |||||||||||
| Net sales | $ 3,019 | $ 1,937 | $ 1,950 | $ 1,972 | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 8,878 | $ 7,869 | $ 7,095 |
| Costs and expenses: | |||||||||||
| Cost of goods sold | 2,511 | 1,551 | 1,578 | 1,619 | 1,705 | 1,690 | 1,596 | 1,447 | 7,259 | 6,438 | 5,691 |
| Selling, general and administrative | 583 | 480 | 494 | ||||||||
| Amortization of intangibles | 194 | 154 | 154 | ||||||||
| Restructuring and transaction activities | (132) | 36 | 24 | ||||||||
| Operating income | 974 | 761 | 732 | ||||||||
| Other expense, net | 155 | 25 | 14 | ||||||||
| Interest expense, net | 329 | 259 | 269 | ||||||||
| Income before income taxes | 490 | 477 | 449 | ||||||||
| Income tax expense (benefit) | 86 | (19) | 109 | ||||||||
| Net income | $ 229 | $ 13 | $ 74 | $ 88 | $ 133 | $ 110 | $ 90 | $ 163 | $ 404 | $ 496 | $ 340 |
| Net income per share: | |||||||||||
| Basic (see Note 13) (in dollars per share) | $ 1.74 | $ 0.10 | $ 0.57 | $ 0.67 | $ 1.01 | $ 0.83 | $ 0.69 | $ 1.24 | $ 3.08 | $ 3.77 | $ 2.66 |
| Diluted (see Note 13) (in dollars per share) | $ 1.69 | $ 0.10 | $ 0.55 | $ 0.66 | $ 0.99 | $ 0.81 | $ 0.66 | $ 1.20 | $ 3.00 | $ 3.67 | $ 2.56 |
| X | ||||||||||
- Definition Amount of restructuring charges, remediation cost, and asset impairment loss in addition to amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. 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
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| 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 | ||||||||||
- References No definition available.
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| 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.
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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 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 | ||||||||||
- 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 of income (expense) related to nonoperating activities, classified as other. 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
|
Consolidated Statements of Comprehensive Income - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Consolidated Statements of Comprehensive Income [Abstract] | |||
| Net income | $ 404 | $ 496 | $ 340 |
| Currency translation | (71) | (127) | 34 |
| Pension and postretirement benefits | (55) | 3 | 38 |
| Derivative instruments | (111) | 49 | 28 |
| Provision for income taxes | 7 | (13) | (20) |
| Other comprehensive (loss) income, net of tax | (230) | (88) | 80 |
| Comprehensive income | $ 174 | $ 408 | $ 420 |
| 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
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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 | ||||||||||
- 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
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| 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
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| X | ||||||||||
- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| 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 | ||||||||||
- References No definition available.
|
| 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, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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
|
| 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 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
|
| X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences with jurisdictional netting. 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 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 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
|
| 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
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of long-term debt and lease obligation, classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of long-term debt and lease obligation, classified as current. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of noncurrent assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of liabilities 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 | ||||||||||
- 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 | ||||||||||
- Definition Amount of liability, recognized in statement of financial position, for pension, other postretirement and postemployment benefits, classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| 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
|
| 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 The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| 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
|
| X | ||||||||||
- References No definition available.
|
Consolidated Balance Sheets (Parenthetical) - shares shares in Millions |
Sep. 28, 2019 |
Sep. 29, 2018 |
|---|---|---|
| Stockholders' equity: | ||
| Common stock, shares issued (in shares) | 132.3 | 131.4 |
| 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
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of increase to additional paid-in capital (APIC) for recognition of cost for award under share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| 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
|
| 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 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 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
|
| 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
|
| 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
|
| 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
|
| 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 | ||||||||||
- 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
|
| 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 before tax of gain (loss) recognized on the sale or disposal of a disposal group and other expenses related to acquisition activities. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of amortization expense attributable to debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| 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 of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| 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
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| X | ||||||||||
- 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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| X | ||||||||||
- Definition Amount of increase (decrease) from effect of exchange rate changes on cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; held in foreign currencies. Excludes amounts for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The difference between the book value and the sale price of options, swaps, futures, forward contracts, and other derivative instruments. This element refers to the gain (loss) included in earnings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- 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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| 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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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- 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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| X | ||||||||||
- References No definition available.
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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 | ||||||||||
- 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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| X | ||||||||||
- 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 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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| 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
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| X | ||||||||||
- Definition The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. 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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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- Definition Amount of noncash expense for share-based payment arrangement. 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 |
1. 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
The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) pursuant to the rules and regulations of the Securities and Exchange Commissions. Periods presented in these financial statements include fiscal periods ending September 28, 2019 (“fiscal 2019”), September 29, 2018 (“fiscal 2018”), and September 30, 2017 (“fiscal 2017”). The Company has recast certain prior period amounts to conform to current reporting. Fiscal 2019, fiscal 2018, and fiscal 2017 were fifty-two week periods. 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. The Company has certain foreign subsidiaries that report on a calendar period basis which we consolidate into our respective fiscal period. Intercompany accounts and transactions have been eliminated in consolidation.
Revenue Recognition
Our revenues are primarily derived from the sale of plastic packaging products to customers. Revenue is recognized when performance obligations are satisfied, in an amount reflecting the consideration to which the Company expects to be entitled. We consider the promise to transfer products to be our sole performance obligation. If the consideration agreed to in a contract includes a variable amount, we estimate the amount of consideration we expect to be entitled to in exchange for transferring the promised goods to the customer using the most likely amount method. Our main sources of variable consideration are customer rebates and cash discounts. There are no material instances where variable consideration is constrained and not recorded at the initial time of sale. Generally our revenue is recognized at a point in time for standard promised goods at the time of shipment, when title and risk of loss pass to the customer. A small number of our contracts are for sales of products which are customer specific and cannot be repurposed. Sales for these products qualify for over time recognition and are immaterial to the Company.
Our 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 include 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 $114 million and $58 million at September 28, 2019 and September 29, 2018, respectively, and is included in Accrued expenses and other current liabilities.
Due to the nature of our sales transactions, we have elected the following practical expedients: (i) Shipping and handling costs are treated as fulfillment costs. Accordingly, shipping and handling costs are classified as a component of Cost of goods sold while amounts billed to customers are classified as a component of Net Sales; (ii) We exclude sales and similar taxes that are imposed on our sales and collected from customers; (iii) As our standard payment terms are less than one year, we do not assess whether a contract has a significant financing component.
The Company disaggregates revenue based on reportable business segment, geography, and significant product line. Refer to Note 12. Segment and Geographic Data for further information.
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 13% of purchases in fiscal 2019. 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 $50 million, $45 million, and $45 million in fiscal 2019, 2018, and 2017, 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 11. Stockholders’ Equity.
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 customers are located principally throughout the U.S. and Europe, without significant concentration with any one customer. The Company performs periodic credit evaluations of its customers’ financial condition and generally does not require collateral. 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 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 28, 2019 or September 29, 2018. Gross amounts factored under these U.S. based programs at September 28, 2019 and September 29, 2018 were $284 million and $162 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 net realizable value 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 2019 and 2018 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 $10 million, $9 million, and $7 million in fiscal 2019, 2018, and 2017, respectively. Property, plant and equipment as of fiscal 2019 and 2018 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. The Company recorded impairment charges totaling $8 million to property, plant and equipment assets in fiscal 2019. The company recorded no impairment charges in fiscal 2018. The Company recorded impairment charges totaling $2 million to property, plant and equipment assets in fiscal 2017. Impairment charges are recorded in Restructuring and transaction activities on the Consolidated Statements of Income.
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, Tapes, and Engineered Materials. We determined that each of the components within our respective reporting units have similar economic characteristics and therefore should be aggregated. We reached this conclusion because within each of our 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 manufacturing facilities. We regularly re-align our production equipment and manufacturing facilities in order to take advantage of cost savings and manufacturing efficiency opportunities, and to realize cost synergies. 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 distinct management teams oversee operations and allocate resources across the entire region. In fiscal year 2019, 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 prior year step-one results. The HHS-SA reporting unit's fair value is estimated based on a market approach and a discounted cash flow analysis and is reconciled back to the current market capitalization for Berry to ensure that the implied control premium is reasonable. Our forecasts included overall revenue growth of 2% increasing to 4% in the terminal year, margins consistent with historical results, a discount rate of 13.5% applied to the forecasted cash flows, and capital expenditure levels consistent with historical spend. The fair value of the HHS-SA reporting unit exceeded its carrying value by 25% and thus no impairment was recorded. Additionally, based on prior year annual impairment evaluations the Company concluded that no impairment existed in fiscal 2018 and fiscal 2017. However, future declines in valuation market multiples, sustained lower earnings, or macroeconomic challenges could impact future impairment tests.
In July 2019, after the completion of the RPC acquisition, the Company reorganized into four reporting segments in an effort to better align with our customers, provide improved service, drive future growth, and facilitate cost saving synergies. Post realignment, the Company completed a qualitative assessment and determined it is more likely than not 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 $112 million and $43 million as of fiscal 2019 and fiscal 2018, respectively, 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 assets which range 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 2019, 2018 and 2017.
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:
(a) See Note 4 for further discussion on amounts reclassified out of accumulated other comprehensive income (loss) related to interest rate swaps and Note 8 for amounts reclassified related to pensions.
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 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. The Company adopted the new standard effective for fiscal 2019 using the modified retrospective approach. The adoption of this standard did not have a material impact on the Company's consolidated financial statements.
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 are required to adopt this standard using a modified retrospective transition method. The Company will adopt the standard beginning in fiscal 2020 and will recognize the cumulative effect of applying the new standard to retained earnings, which the Company does not expect to be material.
The standard provides a number of optional practical expedients in transition. We expect to elect the “package of practical expedients”, which permits us not to reassess under the standard our prior conclusions about lease identification, lease classification and initial direct costs. The standard also provides practical expedients for the Company’s ongoing accounting. We currently expect to elect the short-term lease recognition exemption for all leases that qualify. This means, for those leases that qualify, we will not recognize right-of-use (“ROU”) assets or lease liabilities, and this includes not recognizing ROU assets or lease liabilities for existing short-term leases of those assets in transition.
We anticipate recognizing ROU assets and related lease liabilities of approximately $600 million upon adoption of the standard.
Credit Losses
In June 2016, the FASB issued 2016-13, Financial Instruments - Credit Losses (Topic 326) and issued subsequent amendments to the initial guidance. The new standard requires entities to measure all expected credit losses for most financial assets held at the reporting date based on an expected loss model, which includes historical experience, current conditions, and reasonable and supportable forecasts. The new standard also requires enhanced disclosure. The new standard is effective for interim and annual periods beginning after December 15, 2019. The Company is in the process of evaluating this new standard, however, the Company does not expect the impact to be material.
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 adopted the new standard in fiscal 2019, the result of which did not have a material impact on our disclosures.
Stranded Tax Effects
In February 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The current standard, ASC Topic 740 - Income Taxes, requires deferred tax liabilities and assets to be adjusted for the effect of a change in tax laws or rates with the effect included in income from continuing operations in the reporting period that includes the enactment date. This includes the tax effects of items in accumulated other comprehensive income (“AOCI”) that were originally recognized in other comprehensive income, subsequently creating stranded tax effects. ASU 2018-02 allows a reclassification from AOCI to retained earnings for stranded tax effects specifically resulting from the U.S. federal government’s recently enacted tax bill, the Tax Cuts and Jobs Act. The guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those periods. Early adoption is permitted. The Company adopted ASU 2018-02 in fiscal 2018, the results of which did not have a material impact on the consolidated financial statements.
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 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 and Dispositions |
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| Acquisitions and Dispositions [Abstract] | |
| Acquisitions and Dispositions |
2. Acquisitions and Dispositions
RPC Group Plc
In July 2019, the Company completed the acquisition of the entire outstanding share capital of RPC Group Plc (“RPC”), for aggregate consideration of $6.1 billion. RPC is a leading plastic product design and engineering company for packaging and select non-packaging markets, with 189 sites in 34 countries. RPC develops and manufactures a diverse range of products for a wide variety of customers, including many household names, and enjoys strong market positions in many of the end markets it serves and the geographical areas in which it operates. It uses a wide range of polymer conversion techniques in both rigid and flexible plastics manufacture, and is one of the largest plastic converters in Europe. The international based facilities are operated within the Consumer Packaging International segment with the remaining U.S. based facilities operated within the Consumer Packaging North America segment. The results of RPC have been included in the consolidated results of the Company since the date of the acquisition.
The acquisition has been accounted for under the purchase method of accounting. Under this method, the assets acquired and liabilities assumed have been recorded based on preliminary estimates of fair value. The preliminary fair value estimates were determined based on our historical acquisition experience. Specifically, we estimated the fair values of these assets to be consistent with the percentage of the purchase price that was assigned to similar assets in our historical purchase accounting of previous acquisitions. In accordance with U.S. GAAP, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The final purchase accounting allocations for the RPC acquisition will be determined within one year from the acquisition date and depend on a number of factors, including the final valuation of our long-lived tangible and identified intangible assets acquired and liabilities assumed, and finalization of income tax effects of the opening balance sheet. The actual fair values of RPC’s assets acquired, liabilities assumed and resulting goodwill may differ materially from the adjustments set forth in this Form 10-K. The Company has not finalized the allocation of the purchase price to the fair value of the assets acquired and liabilities assumed. The preliminary estimated fair value of assets acquired and liabilities assumed consisted of working capital of $700 million, property and equipment of $2,375 million, intangible assets of $1,712 million, goodwill of $2,205 million and other assets and long-term liabilities of $922 million. The working capital includes a $39 million step up of inventory to fair value. The Company has recognized goodwill on this transaction primarily as a result of expected cost synergies, and expects goodwill to be partially deductible for tax purposes.
To finance the all-cash purchase, the Company issued $1,250 million aggregate principal amount of 4.875% first priority senior secured notes due 2026, $500 million aggregate principal amount of 5.625% second priority senior secured notes due 2027, and entered into incremental term loans due July 2026, to fund the remainder of the purchase price. In connection with the closing of the RPC acquisition, the Company incurred $99 million related to foreign exchange forward contracts and $41 million related to cross-currency swaps recorded in Other expense, net on the Consolidated Statements of Income. Additionally, the Company incurred $70 million of costs associated with the closing of the transaction.
Seal For Life
In July 2019, the Company completed the sale of its Seal For Life ("SFL") business which was operated in our Health, Hygiene & Specialties reporting segment for net proceeds of $326 million. A pretax gain on sale of $214 million was recorded in fiscal 2019, within Restructuring and transaction activities on the Consolidated Statements of Income.
Laddawn, Inc.
In August 2018, the Company acquired Laddawn, Inc. ("Laddawn") for a purchase price of $241 million. 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 the 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 assets acquired and liabilities assumed consisted of working capital of $27 million, property and equipment of $39 million, intangible assets of $84 million, and goodwill of $91 million. The working capital includes a $3 million step up of inventory to fair value. 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. 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 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 assets acquired and liabilities assumed consist of working capital of $70 million, property and equipment of $164 million, intangible assets of $125 million, goodwill of $111 million, and other assets and long-term liabilities of $5 million. The working capital includes a $3 million step up of inventory to fair value. 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.
When including RPC results for periods prior to the acquisition date, unaudited pro forma net sales were $12.6 billion for fiscal 2019 and fiscal 2018. Unaudited pro forma net income was $344 million and $501 million, for fiscal 2019 and fiscal 2018, 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 RPC 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 business combinations, including leverage buyout transactions (as applicable), and divestitures. This may include a description of a business combination or divestiture (or series of individually immaterial business combinations or divestitures) completed during the period, including background, timing, and assets and liabilities recognized and reclassified or sold. This element does not include fixed asset sales and plant closings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Long-Term Debt |
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| Long-Term Debt |
3. Long-Term Debt
Long-term debt consists of the following:
Fiscal 2019 Activity
In July 2019, the Company entered into an incremental assumption agreement to provide incremental $4,250 million and €1,075 million term loans, due July 2026. The Company issued $1,250 million aggregate principal amount of 4.875% first priority senior secured notes due 2026 and $500 million aggregate principal amount of 5.625% second priority senior secured notes due 2027. Proceeds were used to fund the RPC acquisition as well as refinancing the Company's existing term loan due February 2020.
Revolving Line of Credit
In May 2019, the Company amended and extended its existing revolving line of credit total capacity to $850 million maturing in May 2024.
Berry Global, Inc. Senior Secured Credit Facility
Our wholly owned subsidiary Berry Global, Inc.’s senior secured credit facilities consist of $7.5 billion of term loans and a $850 million asset-based revolving line of credit. The availability under the revolving line of credit is the lesser of $850 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. Related to these repricings, the Company recorded a loss on debt extinguishment of $2 million and $10 million in fiscal 2018, and 2017, respectively, in Other expense, net on the Consolidated Statements of Income. The Company had no repricing in fiscal 2019.
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.
Despite not having financial maintenance covenants, our debt agreements contain certain negative covenants. We are in compliance with all covenants as of September 28, 2019. 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 2019 are as follows:
Interest paid was $330 million, $253 million, and $288 million in fiscal 2019, 2018, and 2017, 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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- 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 |
4. 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, 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
The Company is party to certain cross-currency swaps to hedge a portion of our foreign currency risk. The swap agreements mature May 2022 (€250 million) and June 2024 (€1,625 million and £700 million). In addition to the cross-currency swaps, we hedge a portion of our foreign currency risk by designating foreign currency denominated long-term debt as net investment hedges of certain foreign operations. As of September 28, 2019, we had outstanding long-term debt of €1,075 million that was designated as a hedge of our net investment in certain euro-denominated foreign subsidiaries. In the future, we may attempt to manage our foreign currency risk on our anticipated cash movements by entering into foreign currency forward contracts to offset potential foreign exchange gains or losses. When valuing cross-currency swaps the Company utilizes Level 2 inputs (substantially observable).
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).
During fiscal 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.
During fiscal 2019, the Company entered into (i) a $400 million interest rate swap transaction that swaps a one-month variable LIBOR contract for a fixed annual rate of 2.533% with an effective date of February 2019 and expiration in July 2023; (ii) a $884 million interest rate swap transaction that swaps a one-month variable LIBOR contract plus 250 basis point spread for a fixed annual rate of 4.357%, with an effective date in July 2019 and expiration in June 2024, and (iii) a $473 million interest rate swap transaction that swaps a one-month variable LIBOR contract plus 250 basis point spread for a fixed annual rate of 4.550%, with an effective date in July 2019 and expiration in June 2024.
As of September 29, 2019, 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, (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, (iii) a $400 million interest rate swap transaction that swaps a one-month variable LIBOR contract for a fixed annual rate of 2.533% with an effective date in February 2019 and expiration in July 2023, (iv) a $884 million interest rate swap transaction that swaps a one-month variable LIBOR contract plus 250 basis point spread for a fixed annual rate of 4.357%, with an effective date in July 2019 and expiration in June 2024, and (v) a $473 million interest rate swap transaction that swaps a one-month variable LIBOR contract plus 250 basis point spread for a fixed annual rate of 4.550%, with an effective date in July 2019 and expiration in June 2024.
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 $5 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, cross-currency swap agreements and capital lease obligations. The fair value of our long-term indebtedness exceeded book value by $77 million as of fiscal 2019, and $5 million as of fiscal 2018. 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. Acquisitions and Dispositions 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 2019, 2018, and 2017 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 using the quantitative test, 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. Basis of Presentation and Summary of Significant Accounting Policies for further information).
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 $8 million and $2 million related to property, plant and equipment in fiscal year 2019 and fiscal 2017, respectively. No impairment charges were incurred in fiscal 2018 related to property, plant and equipment. The Company did not incur an impairment charge on definite lived intangible assets in fiscal 2019, 2018, or 2017.
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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://www.xbrl.org/2003/role/disclosureRef
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Goodwill and Intangible Assets |
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5. 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 years ended:
Future amortization expense for definite lived intangibles as of fiscal 2019 for the next five fiscal years is $296 million, $284 million, $272 million, $263 million, and $249 million each year for fiscal years ending 2020, 2021, 2022, 2023, and 2024, respectively.
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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 |
6. 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, and $5 million during fiscal 2018 and 2017, respectively, with various lease expiration dates through 2027. There were no new capital lease obligations entered into in fiscal 2019. The Company records amortization of capital leases in Cost of goods sold on the Consolidated Statements 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 $31 million and $29 million and asset retirement obligations of $10 million and $10 million as of fiscal 2019 and 2018, respectively. Total rental expense from operating leases was $83 million, $72 million, and $67 million in fiscal 2019, 2018, and 2017, 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 2019 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 $19 million at the end of fiscal 2019, and is amortizing this over the respective lease term 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 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 2019, we employed approximately 48,000 employees, and approximately 20% of those employees were covered by collective bargaining agreements. The majority of these agreements are due for renegotiation in fiscal 2020. 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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- Definition The entire disclosure for commitments and contingencies. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Income Taxes |
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| Income Taxes |
7. 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 was phased in during fiscal 2018 and is 21% in 2019 and 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) imposed a one-time repatriation tax on deemed repatriation of historical earnings of foreign subsidiaries (ii) required the Company to revalue our U.S. net deferred tax liability position to the lower federal base rate of 21%, and (iii) introduced amendments restricting the Company's ability to immediately utilize the benefit of interest expense deduction, and (iv) imposed a tax on global intangible low-taxed income provisions ("GILTI"), which is applicable beginning in fiscal 2019.
The transitional impacts of the Tax Act resulted in a transition benefit of $124 million, which included a repatriation tax charge of $21 million (comprised of the U.S. repatriation taxes and foreign withholding taxes) and a net benefit of $145 million from all other changes, including the benefit from revaluing deferred taxes to the lower rate.
Significant components of income tax expense for the fiscal years ended are as follows:
U.S. income from continuing operations before income taxes was $229 million, $373 million, and $313 million for fiscal 2019, 2018, and 2017, respectively. Non-U.S. income from continuing operations before income taxes was $261 million, $104 million, and $136 million for fiscal 2019, 2018, and 2017, respectively.
The Company recorded the impact of the GILTI tax in the current period. Under U.S. GAAP, the Company is permitted to make an accounting policy election to either treat future U.S. tax generated by the GILTI rules as a current-period expense when incurred or to factor such amounts into the Company’s measurement of its deferred taxes. The Company has treated GILTI as a current-period expense.
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 years ended are as 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 years ended are as follows:
As of September 28, 2019, the Company had $42 million of net deferred tax assets recorded in Other assets, and $803 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 had $373 million of U.S. federal net operating loss carryforwards as of fiscal 2019, which will be available to offset future taxable income. As of fiscal year end 2019, the Company had state and foreign net operating loss carryforwards of $994 million and $896 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. The state net operating loss carryforwards will expire in future years beginning in 2019 through 2038. The foreign net operating loss carryforwards will expire in future years beginning in 2019 while a portion remains available indefinitely. The Company has $12 million of state Research and Development tax credits that will expire in future years beginning 2028 through 2038. In addition, the Company has $8 million of other state tax credits that will expire in 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. During 2019, the Company negotiated the final settlement payment, thereby terminating the tax receivable agreement and all amounts owed thereunder.
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 15 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 $141 million and $93 million as of the fiscal years ended 2019 and 2018, respectively, related to the foreign and U.S. state operations. The Company paid cash taxes of $115 million, $60 million, and $41 million in fiscal 2019, 2018, and 2017, respectively.
The Company is permanently reinvested except to the extent the foreign earnings are previously taxed or to the extent that we have sufficient basis in our non-U.S. subsidiaries to repatriate earnings on a tax free basis.
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 years ended:
As of fiscal year end 2019, the amount of unrecognized tax benefit that, if recognized, would affect our effective tax rate was $141 million and we had $36 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 – 2017 tax years remain subject to examination by the IRS. The IRS has completed its audit of Avintiv's 2015 pre-acquisition U.S. federal tax return. Avintiv's years 2004 – 2014 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 |
8. Retirement Plans
The Company 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 $26 million, $20 million, and $18 million for fiscal 2019, 2018, and 2017, respectively.
The North American defined benefit pension plans, which cover certain manufacturing facilities, are closed to future entrants. The majority of the retirement benefit obligations in the United Kingdom ("UK"), assumed through the RPC acquisition, are defined benefit pension plans, and are closed to future entrants. The assets of all the plans are held in a separate trustee administered fund to meet long-term liabilities for past and present employees.
Also acquired with the RPC acquisition, most of the Company’s German operations provide non-contributory pension plans. There is no external funding for these plans although they are secured by insolvency insurance required under German law. In general, the plans provide a fixed retirement benefit not related to salaries and are closed to new entrants. Germany represents $99 million of Mainland Europe’s total underfunded status.
The net amount of liability recognized is included in Employee Benefit Obligations on the Consolidated Balance Sheets. The Company uses fiscal year end as a measurement date for the retirement plans.
At the end of fiscal 2019, the Company had $89 million of net unrealized losses recorded in Accumulated other comprehensive loss on the Consolidated Balance Sheets. The Company expects $5 million to be realized in fiscal 2020.
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. A one quarter of a percentage point reduction of expected return on pension assets or discount rate applied to the pension liability would result in an immaterial change to the Company's pension expense in fiscal 2019.
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 addition of RPC assets through the acquisition.
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid for the fiscal year end:
Net pension expense included the following components as of fiscal years ended:
Our defined benefit pension plan asset allocations as of fiscal years ended 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 $35 million of the Company’s stock at the end of fiscal 2019. 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 Transaction Activities |
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| Restructuring and Transaction Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring and Transaction Activities |
9. Restructuring and Transaction Activities
The Company has announced various restructuring plans in the last three fiscal years which included shutting down facilities in all of the Company’s segments. In all instances, the majority of the operations from rationalized facilities was transferred to other facilities within the respective division.
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 North America 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 North America divisions, which accounted for approximately $10 million, $30 million, and $15 million of annual net sales, respectively.
During fiscal 2019, the Company did not shut down any facilities.
Since 2017, total expected costs attributed to restructuring programs total $85 million with $3 million remaining to be recognized in the future.
The table below sets forth the significant components of the restructuring and transaction activity 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:
(a) Consists of $214 million gain on the sale of our SFL business offset by professional fees and other costs related to the RPC acquisition.
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- References No definition available.
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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. 28, 2019 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions |
10. Related Party Transactions
The Company made payments related to the income tax receivable agreement which was terminated in fiscal 2019 of $38 million and $37 million in fiscal 2019 and fiscal 2018, respectively. Apollo Global Management, LLC ("Apollo") received $29 million of the fiscal 2019 payment. 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 |
11. 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 2019, the Company repurchased approximately 1,512 thousand shares for $72 million, at an average price of $47.64. 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 $27 million, $23 million, and $20 million for fiscal 2019, 2018, and 2017, respectively. The intrinsic value of options exercised in fiscal 2019 was $43 million.
Information related to the equity incentive plans as of the fiscal years ended are 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 2019, 2018, and 2017, 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 2019:
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- References No definition available.
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- 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 |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment and Geographic Data [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment and Geographic Data |
12. Segment and Geographic Data
Berry’s operations are organized into four reporting segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene & Specialties. The structure is designed to align us with our customers, provide improved service, and drive future growth in a cost efficient manner.
Selected information by reportable segment is presented in the following tables:
Selected information by geographical region 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.
|
| 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. 28, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income per Share [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income per Share |
13. 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 5 million shares excluded from the fiscal 2019 diluted net income per share calculation as their effect would be anti-dilutive. There were no shares excluded from the fiscal 2018 and fiscal 2017 calculations.
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
|
Guarantor and Non-Guarantor Financial Information |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Guarantor and Non-Guarantor Financial Information [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Guarantor and Non-Guarantor Financial Information |
14. 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 Sheets
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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Sep. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Quarterly Financial Data (Unaudited) [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Quarterly Financial Data (Unaudited) |
15. Quarterly Financial Data (Unaudited)
The following table contains selected unaudited quarterly financial data for fiscal years ended.
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- 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 | Basis of Presentation
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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. The Company has certain foreign subsidiaries that report on a calendar period basis which we consolidate into our respective fiscal period. Intercompany accounts and transactions have been eliminated in consolidation. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue Recognition | Revenue Recognition
Our revenues are primarily derived from the sale of plastic packaging products to customers. Revenue is recognized when performance obligations are satisfied, in an amount reflecting the consideration to which the Company expects to be entitled. We consider the promise to transfer products to be our sole performance obligation. If the consideration agreed to in a contract includes a variable amount, we estimate the amount of consideration we expect to be entitled to in exchange for transferring the promised goods to the customer using the most likely amount method. Our main sources of variable consideration are customer rebates and cash discounts. There are no material instances where variable consideration is constrained and not recorded at the initial time of sale. Generally our revenue is recognized at a point in time for standard promised goods at the time of shipment, when title and risk of loss pass to the customer. A small number of our contracts are for sales of products which are customer specific and cannot be repurposed. Sales for these products qualify for over time recognition and are immaterial to the Company.
Our 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 include 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 $114 million and $58 million at September 28, 2019 and September 29, 2018, respectively, and is included in Accrued expenses and other current liabilities.
Due to the nature of our sales transactions, we have elected the following practical expedients: (i) Shipping and handling costs are treated as fulfillment costs. Accordingly, shipping and handling costs are classified as a component of Cost of goods sold while amounts billed to customers are classified as a component of Net Sales; (ii) We exclude sales and similar taxes that are imposed on our sales and collected from customers; (iii) As our standard payment terms are less than one year, we do not assess whether a contract has a significant financing component.
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| Purchases of Raw Materials and Concentration of Risk | Purchases of Raw Materials and Concentration of Risk
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| Research and Development | Research and Development
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| Stock-Based Compensation | Share-Based Compensation
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| Foreign Currency | Foreign Currency
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| Cash and Cash Equivalents | Cash and Cash Equivalents
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| Allowance for Doubtful Accounts | Allowance for Doubtful Accounts
The Company’s customers are located principally throughout the U.S. and Europe, without significant concentration with any one customer. The Company performs periodic credit evaluations of its customers’ financial condition and generally does not require collateral. 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 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.
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| Inventories | Inventories
Inventories are stated at the lower of cost or net realizable value 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 2019 and 2018 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 $10 million, $9 million, and $7 million in fiscal 2019, 2018, and 2017, respectively. Property, plant and equipment as of fiscal 2019 and 2018 was:
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| Long-Lived Assets | Long-lived Assets
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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, Tapes, and Engineered Materials. We determined that each of the components within our respective reporting units have similar economic characteristics and therefore should be aggregated. We reached this conclusion because within each of our 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 manufacturing facilities. We regularly re-align our production equipment and manufacturing facilities in order to take advantage of cost savings and manufacturing efficiency opportunities, and to realize cost synergies. 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 distinct management teams oversee operations and allocate resources across the entire region. In fiscal year 2019, 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 prior year step-one results. The HHS-SA reporting unit's fair value is estimated based on a market approach and a discounted cash flow analysis and is reconciled back to the current market capitalization for Berry to ensure that the implied control premium is reasonable. Our forecasts included overall revenue growth of 2% increasing to 4% in the terminal year, margins consistent with historical results, a discount rate of 13.5% applied to the forecasted cash flows, and capital expenditure levels consistent with historical spend. The fair value of the HHS-SA reporting unit exceeded its carrying value by 25% and thus no impairment was recorded. Additionally, based on prior year annual impairment evaluations the Company concluded that no impairment existed in fiscal 2018 and fiscal 2017. However, future declines in valuation market multiples, sustained lower earnings, or macroeconomic challenges could impact future impairment tests.
In July 2019, after the completion of the RPC acquisition, the Company reorganized into four reporting segments in an effort to better align with our customers, provide improved service, drive future growth, and facilitate cost saving synergies. Post realignment, the Company completed a qualitative assessment and determined it is more likely than not 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
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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 assets which range 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 2019, 2018 and 2017.
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| Insurable Liabilities | Insurable Liabilities
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| Income Taxes | Income Taxes
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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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| Pension | Pension
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| Net Income Per Share | Net Income Per Share
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| Use of Estimates | Use of Estimates
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| Recently Issued Accounting Pronouncements | Recently Issued Accounting Pronouncements
Revenue Recognition
In May 2014, the 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. The Company adopted the new standard effective for fiscal 2019 using the modified retrospective approach. The adoption of this standard did not have a material impact on the Company's consolidated financial statements.
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 are required to adopt this standard using a modified retrospective transition method. The Company will adopt the standard beginning in fiscal 2020 and will recognize the cumulative effect of applying the new standard to retained earnings, which the Company does not expect to be material.
The standard provides a number of optional practical expedients in transition. We expect to elect the “package of practical expedients”, which permits us not to reassess under the standard our prior conclusions about lease identification, lease classification and initial direct costs. The standard also provides practical expedients for the Company’s ongoing accounting. We currently expect to elect the short-term lease recognition exemption for all leases that qualify. This means, for those leases that qualify, we will not recognize right-of-use (“ROU”) assets or lease liabilities, and this includes not recognizing ROU assets or lease liabilities for existing short-term leases of those assets in transition.
We anticipate recognizing ROU assets and related lease liabilities of approximately $600 million upon adoption of the standard.
Credit Losses
In June 2016, the FASB issued 2016-13, Financial Instruments - Credit Losses (Topic 326) and issued subsequent amendments to the initial guidance. The new standard requires entities to measure all expected credit losses for most financial assets held at the reporting date based on an expected loss model, which includes historical experience, current conditions, and reasonable and supportable forecasts. The new standard also requires enhanced disclosure. The new standard is effective for interim and annual periods beginning after December 15, 2019. The Company is in the process of evaluating this new standard, however, the Company does not expect the impact to be material.
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 adopted the new standard in fiscal 2019, the result of which did not have a material impact on our disclosures.
Stranded Tax Effects
In February 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The current standard, ASC Topic 740 - Income Taxes, requires deferred tax liabilities and assets to be adjusted for the effect of a change in tax laws or rates with the effect included in income from continuing operations in the reporting period that includes the enactment date. This includes the tax effects of items in accumulated other comprehensive income (“AOCI”) that were originally recognized in other comprehensive income, subsequently creating stranded tax effects. ASU 2018-02 allows a reclassification from AOCI to retained earnings for stranded tax effects specifically resulting from the U.S. federal government’s recently enacted tax bill, the Tax Cuts and Jobs Act. The guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those periods. Early adoption is permitted. The Company adopted ASU 2018-02 in fiscal 2018, the results of which did not have a material impact on the consolidated financial statements.
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
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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.
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- Definition Disclosure of accounting policy for deferral and amortization of significant deferred charges. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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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| X | ||||||||||
- 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
|
| X | ||||||||||
- 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.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- Definition Disclosure of accounting policy for revenue. Includes revenue from contract with customer and from other sources. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Disclosure of accounting policy for self-insurance reserves, including, but not limited to incurred but not reported reserves (IBNR). No definition available.
|
| X | ||||||||||
- Definition Disclosure of accounting policy for award under share-based payment arrangement. Includes, but is not limited to, methodology and assumption used in measuring cost. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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
|
Basis of Presentation and Summary of Significant Accounting Policies (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 2019 and 2018 was:
|
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| Property, Plant and Equipment | Property, plant and equipment as of fiscal 2019 and 2018 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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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- 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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Long-Term Debt (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 2019 are as follows:
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| X | ||||||||||
- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- 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.
|
Financial Instruments and Fair Value Measurements (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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
|
| X | ||||||||||
- References No definition available.
|
| 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
|
Goodwill and Intangible Assets (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 years ended:
|
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| X | ||||||||||
- References No definition available.
|
| 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
|
Lease and Other Commitments and Contingencies (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 2019 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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Income Taxes (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 years ended are as follows:
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| Net Deferred Income Tax Liability | The components of the net deferred income tax liability as of fiscal years ended 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 years ended:
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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. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Plans [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Change in Projected Benefit Obligations and Fair Value of Plan Assets | The net amount of liability recognized is included in Employee Benefit Obligations on the Consolidated Balance Sheets. The Company uses fiscal year end as a measurement date for the retirement plans.
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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 addition of RPC assets through the acquisition.
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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 Expense | Net pension expense included the following components as of fiscal years ended:
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| Plan Asset Allocations | Our defined benefit pension plan asset allocations as of fiscal years ended 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
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| 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 assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate. 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 Transaction Activities (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring and Transaction Activities [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring Charges | Since 2017, total expected costs attributed to restructuring programs total $85 million with $3 million remaining to be recognized in the future.
The table below sets forth the significant components of the restructuring and transaction activity 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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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- 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
|
Stockholders' Equity (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stock Option Activity | Information related to the equity incentive plans as of the fiscal years ended are 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 2019:
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| X | ||||||||||
- 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.
|
Segment and Geographic Data (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 Geographical Region | Selected information by geographical region 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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| X | ||||||||||
- 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
|
| 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
|
| X | ||||||||||
- References No definition available.
|
Net Income per Share (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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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| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- 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
|
Guarantor and Non-Guarantor Financial Information (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Guarantor and Non-Guarantor Financial Information [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Condensed Supplemental Consolidated Financial Information | Condensed Supplemental Consolidated Statements of Operations
Condensed Supplemental Consolidated Balance Sheets
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 28, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Quarterly Financial Data (Unaudited) [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Quarterly Financial Data | The following table contains selected unaudited quarterly financial data for fiscal years ended.
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| 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, Revenue Recognition (Details) - USD ($) $ in Millions |
Sep. 28, 2019 |
Sep. 29, 2018 |
|---|---|---|
| Basis of Presentation and Summary of Significant Accounting Policies [Abstract] | ||
| Accrual for customer rebates | $ 114 | $ 58 |
| X | ||||||||||
- Definition Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
Basis of Presentation and Summary of Significant Accounting Policies, Purchases of Raw Materials and Concentration of Risk (Details) |
12 Months Ended |
|---|---|
Sep. 28, 2019 | |
| Purchases of Raw Materials [Member] | Supplier Concentration Risk [Member] | |
| Purchases of Raw Materials and Concentration of Risk [Abstract] | |
| Concentration risk percentage | 13.00% |
| 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. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Research and Development [Abstract] | |||
| Research and development expenditures | $ 50 | $ 45 | $ 45 |
| 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. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Movement in Valuation Allowance [Roll Forward] | |||
| Allowance for doubtful accounts, beginning | $ 13 | $ 13 | $ 8 |
| Acquisition allowance for doubtful accounts | 13 | 2 | 5 |
| Bad debt expense | 2 | 1 | 1 |
| Write-offs against allowance | 0 | (3) | (1) |
| Allowance for doubtful accounts, ending | $ 28 | $ 13 | $ 13 |
| 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. 28, 2019 |
Sep. 29, 2018 |
|---|---|---|
| Accounts Receivable Factoring Agreements [Abstract] | ||
| Amounts due from financial institutions | $ 0 | $ 0 |
| Trade receivables sold to financial institutions | $ 284 | $ 162 |
| 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. 28, 2019 |
Sep. 29, 2018 |
|---|---|---|
| Inventories [Abstract] | ||
| Finished goods | $ 743 | $ 503 |
| Raw materials | 581 | 384 |
| Inventory, total | $ 1,324 | $ 887 |
| 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. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Long-Lived Assets [Abstract] | |||
| Impairment charges | $ 8 | $ 0 | $ 2 |
| 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 Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value of goodwill. No definition available.
|
| X | ||||||||||
- Definition Percentage of assumed long-term growth in revenues, used as an input to measure fair value of goodwill. No definition available.
|
| X | ||||||||||
- Definition The number of geographical regions in the segment. 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 accumulated impairment loss for 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://www.xbrl.org/2003/role/disclosureRef
|
| 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 divestiture 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 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
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Basis of Presentation and Summary of Significant Accounting Policies, Deferred Financing Fees (Details) - USD ($) $ in Millions |
Sep. 28, 2019 |
Sep. 29, 2018 |
|---|---|---|
| Deferred Financing Fees [Abstract] | ||
| Debt issuance and deferred financing costs | $ 112 | $ 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 accumulated amortization related to the increase (decrease) in assets, excluding financial assets, lacking physical substance with a definite life, from an acquisition and/or disposition. 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 increase (decrease) in assets, excluding financial assets, lacking physical substance with a definite life, from an acquisition and/or disposition. 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://www.xbrl.org/2003/role/disclosureRef
|
| 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 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 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, Recently Issued Accounting Pronouncements (Details) - ASU 2016-02 [Member] - Plan [Member] $ in Millions |
Sep. 28, 2019
USD ($)
|
|---|---|
| Recently Issued Accounting Pronouncements [Abstract] | |
| ROU assets | $ 600 |
| Lease liabilities | $ 600 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Present value of lessee's discounted obligation for lease payments from operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of lessee's right to use underlying asset under operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Acquisitions and Dispositions, RPC Group plc (Details) $ in Millions |
1 Months Ended | 12 Months Ended | ||||
|---|---|---|---|---|---|---|
|
Jul. 31, 2019
USD ($)
|
Sep. 28, 2019
USD ($)
Site
Country
|
Sep. 29, 2018
USD ($)
|
Sep. 30, 2017
USD ($)
|
|||
| Acquisition [Abstract] | ||||||
| Purchase price | $ 6,079 | $ 702 | $ 515 | |||
| Goodwill | 5,051 | 2,944 | 2,775 | |||
| Foreign Exchange Forward Contracts [Member] | Other Expense, Net [Member] | ||||||
| Derivative Instruments [Abstract] | ||||||
| Purchase price derivatives | 99 | 0 | 0 | |||
| Cross-Currency Swaps [Member] | Other Expense, Net [Member] | ||||||
| Derivative Instruments [Abstract] | ||||||
| Purchase price derivatives | [1] | $ 41 | $ 0 | $ (2) | ||
| 4.875% First Priority Senior Secured Notes due July 2026 [Member] | ||||||
| Long-Term Debt [Abstract] | ||||||
| Face amount of debt issued | $ 1,250 | |||||
| Interest rate | 4.875% | 4.875% | ||||
| 5.625% Second Priority Senior Secured Notes due July 2027 [Member] | ||||||
| Long-Term Debt [Abstract] | ||||||
| Face amount of debt issued | $ 500 | |||||
| Interest rate | 5.625% | 5.625% | ||||
| RPC [Member] | ||||||
| Acquisition [Abstract] | ||||||
| Purchase price | $ 6,100 | |||||
| Number of operating sites | Site | 189 | |||||
| Number of countries where operating sites are located | Country | 34 | |||||
| Working capital | 700 | |||||
| Property and equipment | 2,375 | |||||
| Intangible assets | 1,712 | |||||
| Goodwill | 2,205 | |||||
| Other assets and long-term liabilities | 922 | |||||
| Step up of inventory to fair value | 39 | |||||
| Transaction costs | $ 70 | |||||
| ||||||
| 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 | ||||||||||
- Definition Number of operating sites for the entity. No definition available.
|
| X | ||||||||||
- Definition Amount of direct costs of the business combination including legal, accounting, and other costs incurred to consummate the business acquisition. 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 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 | ||||||||||
- References No definition available.
|
| 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
|
| X | ||||||||||
- References 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 The number of countries in which the entity operates as of balance sheet date. No definition available.
|
| 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
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Acquisitions and Dispositions, Seal for Life (Details) - USD ($) $ in Millions |
1 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Jul. 31, 2019 |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Disposition [Abstract] | ||||
| Proceeds from sale of business | $ 326 | $ 326 | $ 0 | $ 0 |
| Pretax gain on sale of business | 214 | |||
| Restructuring and Transaction Activities [Member] | ||||
| Disposition [Abstract] | ||||
| Pretax gain on sale of business | $ 214 | |||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. Excludes discontinued operations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Details
|
Acquisitions and Dispositions, Laddawn, Inc. (Details) - USD ($) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
Aug. 31, 2018 |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Acquisition [Abstract] | ||||
| Purchase price | $ 6,079 | $ 702 | $ 515 | |
| Goodwill | $ 5,051 | $ 2,944 | $ 2,775 | |
| Laddawn [Member] | ||||
| Acquisition [Abstract] | ||||
| Purchase price | $ 241 | |||
| Working capital | 27 | |||
| Property and equipment | 39 | |||
| Intangible assets | 84 | |||
| Goodwill | 91 | |||
| Step up of inventory to fair value | $ 3 | |||
| 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 | ||||||||||
- 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 and Dispositions, Clopay Plastic Products Company, Inc. (Details) - USD ($) $ in Millions |
12 Months Ended | ||||
|---|---|---|---|---|---|
Feb. 28, 2018 |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Jan. 31, 2018 |
|
| Acquisition [Abstract] | |||||
| Purchase price | $ 6,079 | $ 702 | $ 515 | ||
| Goodwill | $ 5,051 | $ 2,944 | $ 2,775 | ||
| 4.50% Second Priority Senior Secured Notes due February 2026 [Member] | |||||
| Acquisition [Abstract] | |||||
| Face amount of debt issued | $ 500 | ||||
| Interest rate | 4.50% | 4.50% | |||
| Clopay [Member] | |||||
| Acquisition [Abstract] | |||||
| Purchase price | $ 475 | ||||
| Working capital | 70 | ||||
| Property and equipment | 164 | ||||
| Intangible assets | 125 | ||||
| Goodwill | 111 | ||||
| Other assets and long-term liabilities | 5 | ||||
| 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 | ||||||||||
- 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 and Dispositions, Pro Forma Information (Details) - RPC [Member] - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
|
| Pro Forma Information [Abstract] | ||
| Pro forma net sales | $ 12,600 | $ 12,600 |
| Pro forma net income | $ 344 | $ 501 |
| X | ||||||||||
- References No definition available.
|
| 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
|
| 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
|
| X | ||||||||||
- Details
|
Long-Term Debt, Summary of Long-Term Debt (Details) € in Millions, $ in Millions |
12 Months Ended | ||||
|---|---|---|---|---|---|
|
Sep. 28, 2019
USD ($)
|
Sep. 28, 2019
EUR (€)
|
Jul. 31, 2019 |
Sep. 29, 2018
USD ($)
|
Jan. 31, 2018 |
|
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 11,477 | ||||
| Debt discounts and deferred fees | (112) | $ (43) | |||
| Capital leases and other | 167 | 135 | |||
| Total long-term debt | 11,365 | 5,844 | |||
| Current portion of long-term debt | (104) | (38) | |||
| Long-term debt | 11,261 | 5,806 | |||
| Term Loan due October 2022 [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 1,545 | 1,545 | |||
| Maturity date | Oct. 31, 2022 | ||||
| Term Loan due January 2024 [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 489 | 493 | |||
| Maturity date | Jan. 31, 2024 | ||||
| Term Loan due July 2026 [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 4,250 | 0 | |||
| Maturity date | Jul. 31, 2026 | ||||
| Term Loan - Euro Denominated due July 2026 [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 1,176 | € 1,075 | 0 | ||
| Maturity date | Jul. 31, 2026 | ||||
| Revolving Line of Credit [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 0 | 0 | |||
| Maturity date | May 31, 2024 | ||||
| 5.50% Second Priority Senior Secured Notes due May 2022 [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 500 | 500 | |||
| Interest rate | 5.50% | 5.50% | |||
| Maturity date | May 31, 2022 | ||||
| 6.00% Second Priority Senior Secured Notes due October 2022 [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 400 | 400 | |||
| Interest rate | 6.00% | 6.00% | |||
| Maturity date | Oct. 31, 2022 | ||||
| 5.125% Second Priority Senior Secured Notes due July 2023 [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 700 | 700 | |||
| Interest rate | 5.125% | 5.125% | |||
| Maturity date | Jul. 31, 2023 | ||||
| 4.50% Second Priority Senior Secured Notes due February 2026 [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 500 | 500 | |||
| Interest rate | 4.50% | 4.50% | 4.50% | ||
| Maturity date | Feb. 28, 2026 | ||||
| 4.875% First Priority Senior Secured Notes due July 2026 [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 1,250 | 0 | |||
| Interest rate | 4.875% | 4.875% | 4.875% | ||
| Maturity date | Jul. 31, 2026 | ||||
| 5.625% Second Priority Senior Secured Notes due July 2027 [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 500 | 0 | |||
| Interest rate | 5.625% | 5.625% | 5.625% | ||
| Maturity date | Jul. 31, 2027 | ||||
| Retired Debt [Member] | |||||
| Long-term Debt [Abstract] | |||||
| Long-term debt | $ 0 | $ 1,614 |
| 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/otherTransitionRef
|
| 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 Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- Definition Amount of unamortized debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of long-term debt and lease obligation, classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of long-term debt and lease obligation, classified as current. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of long-term debt and lease obligation, including portion classified as current. No definition available.
|
| 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
|
Long-Term Debt, Fiscal 2019 Activity (Details) € in Millions, $ in Millions |
Sep. 28, 2019
USD ($)
|
Jul. 31, 2019
USD ($)
|
Jul. 31, 2019
EUR (€)
|
May 31, 2019
USD ($)
|
|---|---|---|---|---|
| Term Loan due July 2026 [Member] | ||||
| Long-Term Debt [Abstract] | ||||
| Face amount of debt issued | $ 4,250 | |||
| Term Loan - Euro Denominated due July 2026 [Member] | ||||
| Long-Term Debt [Abstract] | ||||
| Face amount of debt issued | € | € 1,075 | |||
| 4.875% First Priority Senior Secured Notes due July 2026 [Member] | ||||
| Long-Term Debt [Abstract] | ||||
| Face amount of debt issued | $ 1,250 | |||
| Interest rate | 4.875% | 4.875% | 4.875% | |
| 5.625% Second Priority Senior Secured Notes due July 2027 [Member] | ||||
| Long-Term Debt [Abstract] | ||||
| Face amount of debt issued | $ 500 | |||
| Interest rate | 5.625% | 5.625% | 5.625% | |
| Revolving Line of Credit [Member] | ||||
| Long-Term Debt [Abstract] | ||||
| Maximum borrowing capacity | $ 850 | $ 850 |
| 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 | ||||||||||
- References No definition available.
|
| 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
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Long-Term Debt, Berry Global, Inc. Senior Secured Credit Facility (Details) - USD ($) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Sep. 28, 2019 |
May 31, 2019 |
|
| Other Expense, Net [Member] | ||||
| Long-Term Debt [Abstract] | ||||
| Loss on extinguishment of debt | $ (2) | $ (10) | ||
| Term Loans [Member] | ||||
| Long-Term Debt [Abstract] | ||||
| Face amount of debt issued | $ 7,500 | |||
| Revolving Line of Credit [Member] | ||||
| Long-Term Debt [Abstract] | ||||
| Maximum borrowing capacity | $ 850 | $ 850 | ||
| X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| 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
|
| 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
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Long-Term Debt, Future Maturities of Long-Term Debt (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Future Maturities of Long-Term Debt [Abstract] | |||
| 2020 | $ 104 | ||
| 2021 | 94 | ||
| 2022 | 90 | ||
| 2023 | 2,522 | ||
| 2024 | 1,234 | ||
| Thereafter | 7,433 | ||
| Total | 11,477 | ||
| Interest paid | $ 330 | $ 253 | $ 288 |
| 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
|
| X | ||||||||||
- References No definition available.
|
| 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
|
| 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
|
| 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
|
| 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 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 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
|
| 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
|
Financial Instruments and Fair Value Measurements, Cross-Currency Swaps (Details) € in Millions, £ in Millions, $ in Millions |
Sep. 28, 2019
USD ($)
|
Sep. 28, 2019
EUR (€)
|
Sep. 28, 2019
GBP (£)
|
Sep. 29, 2018
USD ($)
|
|---|---|---|---|---|
| Cross-Currency and Interest Rate Swaps [Abstract] | ||||
| Long-term debt | $ | $ 11,477 | |||
| Term Loan - Euro Denominated due July 2026 [Member] | ||||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||||
| Long-term debt | $ 1,176 | € 1,075 | $ 0 | |
| Cross Currency Interest Rate Contract Maturing May 2022 [Member] | ||||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||||
| Notional amount of swap | 250 | |||
| Cross Currency Interest Rate Contract Maturing June 2024 [Member] | ||||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||||
| Notional amount of swap | € 1,625 | |||
| Cross Currency Interest Rate Contract Maturing June 2024 [Member] | ||||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||||
| Notional amount of swap | £ | £ 700 |
| 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 Nominal or face amount used to calculate payment on derivative. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Financial Instruments and Fair Value Measurements, Interest Rate Swaps (Details) $ in Millions |
12 Months Ended | |
|---|---|---|
|
Sep. 28, 2019
USD ($)
|
Sep. 29, 2018
USD ($)
Instrument
|
|
| Interest Rate Swaps [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Number of derivative instruments settled | Instrument | 2 | |
| Interest Rate Swap Expiring June 2019 [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Cash received for settlement of derivative contract | $ 9 | |
| Interest Rate Swap Expiring September 2021 [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Cash received for settlement of derivative contract | 21 | |
| Interest Rate Swap Expiring September 2021 [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Notional amount of swap | $ 1,000 | $ 1,000 |
| Fixed annual rate of swap | 2.808% | 2.808% |
| Interest Rate Swap Expiring September 2021 [Member] | LIBOR [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Term of variable rate | 1 month | 1 month |
| Interest Rate Swap Expiring July 2023 [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Notional amount of swap | $ 400 | |
| Fixed annual rate of swap | 2.533% | |
| Interest Rate Swap Expiring July 2023 [Member] | LIBOR [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Term of variable rate | 1 month | |
| Interest Rate Swap Expiring June 2024 [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Notional amount of swap | $ 884 | |
| Fixed annual rate of swap | 4.357% | |
| Interest Rate Swap Expiring June 2024 [Member] | LIBOR [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Term of variable rate | 1 month | |
| Basis spread | 2.50% | |
| Interest Rate Swap Expiring June 2024 [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Notional amount of swap | $ 473 | |
| Fixed annual rate of swap | 4.55% | |
| Interest Rate Swap Expiring June 2024 [Member] | LIBOR [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Term of variable rate | 1 month | |
| Basis spread | 2.50% | |
| Interest Rate Swap Expiring May 2022 [Member] | ||
| Cross-Currency and Interest Rate Swaps [Abstract] | ||
| Notional amount of swap | $ 450 | |
| Fixed annual rate of swap | 2.00% | |
| Interest Rate Swap Expiring May 2022 [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.
|
| X | ||||||||||
- Definition The number of derivative instruments settled during the period. No definition available.
|
| X | ||||||||||
- Definition The percentage points added to the reference rate to compute the variable rate on the interest rate derivative. No definition available.
|
| X | ||||||||||
- Definition The amount of cash received during the period on settlement of a hedge. No definition available.
|
| X | ||||||||||
- Definition Fixed interest rate related to the interest rate derivative. No definition available.
|
| X | ||||||||||
- Definition Nominal or face amount used to calculate payment on derivative. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Financial Instruments and Fair Value Measurements, Fair Value of Derivatives and Location on Consolidated Balance Sheets (Details) - USD ($) $ in Millions |
Sep. 28, 2019 |
Sep. 29, 2018 |
|---|---|---|
| Cross-Currency Swaps [Member] | Designated [Member] | Other Assets [Member] | ||
| Derivative Instruments [Abstract] | ||
| Fair value of derivative instruments | $ 88 | $ 0 |
| Cross-Currency Swaps [Member] | Designated [Member] | Other Long-Term Liabilities [Member] | ||
| Derivative Instruments [Abstract] | ||
| Fair value of derivative instruments | 0 | 11 |
| Interest Rate Swaps [Member] | Designated [Member] | Other Assets [Member] | ||
| Derivative Instruments [Abstract] | ||
| Fair value of derivative instruments | 0 | 16 |
| Interest Rate Swaps [Member] | Designated [Member] | Other Long-Term Liabilities [Member] | ||
| Derivative Instruments [Abstract] | ||
| Fair value of derivative instruments | 81 | 0 |
| Interest Rate Swaps [Member] | Not Designated [Member] | Other Long-Term Liabilities [Member] | ||
| Derivative Instruments [Abstract] | ||
| Fair value of derivative instruments | $ 0 | $ 1 |
| 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
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Financial Instruments and Fair Value Measurements, Effect of Derivatives on Consolidated Statements of Income (Details) - USD ($) $ in Millions |
12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
||||||
| Derivative Instruments [Abstract] | ||||||||
| Amortization related to unrealized losses in Accumulated other comprehensive loss for next 12 months | $ 5 | |||||||
| Fair value of long-term indebtedness in excess of book value | 77 | $ 5 | ||||||
| Cross-Currency Swaps [Member] | Interest Expense, Net [Member] | ||||||||
| Derivative Instruments [Abstract] | ||||||||
| Loss (gain) on derivative instruments | [1] | (19) | (5) | $ 0 | ||||
| Cross-Currency Swaps [Member] | Other Expense, Net [Member] | ||||||||
| Derivative Instruments [Abstract] | ||||||||
| Loss (gain) on derivative instruments | [2] | 41 | 0 | (2) | ||||
| Foreign Exchange Forward Contracts [Member] | Other Expense, Net [Member] | ||||||||
| Derivative Instruments [Abstract] | ||||||||
| Loss (gain) on derivative instruments | 99 | 0 | 0 | |||||
| Interest Rate Swaps [Member] | Interest Expense, Net [Member] | ||||||||
| Derivative Instruments [Abstract] | ||||||||
| Loss (gain) on derivative instruments | $ 2 | $ (1) | $ 24 | |||||
| ||||||||
| 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
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- 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.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Financial Instruments and Fair Value Measurements, Assets Measured at Fair Value on Non-Recurring Basis (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Impairment [Abstract] | |||
| Indefinite-lived trademarks | $ 0 | $ 0 | $ 0 |
| Goodwill | 0 | 0 | 0 |
| Definite lived intangible assets | 0 | 0 | 0 |
| Property, plant, and equipment | 8 | 0 | 2 |
| Impairment charges | 8 | 0 | 2 |
| Fair Value on Nonrecurring Basis [Member] | |||
| Fair Value of Assets [Abstract] | |||
| Indefinite-lived trademarks | 248 | 248 | 248 |
| Goodwill | 5,051 | 2,944 | 2,775 |
| Definite lived intangible assets | 2,532 | 1,092 | 1,038 |
| Property, plant, and equipment | 4,714 | 2,488 | 2,366 |
| Total | 12,545 | 6,772 | 6,427 |
| 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 | 5,051 | 2,944 | 2,775 |
| Definite lived intangible assets | 2,532 | 1,092 | 1,038 |
| Property, plant, and equipment | 4,714 | 2,488 | 2,366 |
| Total | $ 12,545 | $ 6,772 | $ 6,427 |
| 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 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
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Fair value portion of assets, excluding financial assets, that lack physical substance, having a limited useful life. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- 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://www.xbrl.org/2009/role/commonPracticeRef
|
| 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 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://www.xbrl.org/2009/role/commonPracticeRef
|
| 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://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Goodwill and Intangible Assets (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Goodwill and Intangible Assets [Abstract] | |||
| Goodwill | $ 5,051 | $ 2,944 | $ 2,775 |
| Accumulated amortization | (1,185) | (1,020) | (1,155) |
| Intangible assets, net | 2,780 | 1,340 | $ 1,286 |
| Total goodwill and intangible assets, net | 7,831 | 4,284 | |
| Future Amortization Expense for Definite Lived Intangibles [Abstract] | |||
| 2020 | 296 | ||
| 2021 | 284 | ||
| 2022 | 272 | ||
| 2023 | 263 | ||
| 2024 | 249 | ||
| Customer Relationships [Member] | |||
| Goodwill and Intangible Assets [Abstract] | |||
| Definite lived intangible assets | $ 3,406 | 1,882 | |
| 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 | $ 150 | 45 | |
| 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 | $ 161 | $ 185 | |
| 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://www.xbrl.org/2003/role/disclosureRef
|
| 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. 28, 2019
USD ($)
Employee
|
Sep. 29, 2018
USD ($)
|
Sep. 30, 2017
USD ($)
|
|
| Lease and Other Commitments and Contingencies [Abstract] | |||
| New capital lease obligations | $ 0 | $ 31 | $ 5 |
| Minimum lease payments or contingent rentals | 31 | 29 | |
| Asset retirement obligations | 10 | 10 | |
| Rent expense from operating leases | 83 | $ 72 | $ 67 |
| Future Minimum Lease Payments for Capital Leases [Abstract] | |||
| 2020 | 38 | ||
| 2021 | 29 | ||
| 2022 | 25 | ||
| 2023 | 14 | ||
| 2024 | 9 | ||
| Thereafter | 11 | ||
| Total net minimum payments | 126 | ||
| Less: amount representing interest | (9) | ||
| Present value of net minimum lease payments | 117 | ||
| Future Minimum Lease Payments for Operating Leases [Abstract] | |||
| 2020 | 108 | ||
| 2021 | 96 | ||
| 2022 | 78 | ||
| 2023 | 59 | ||
| 2024 | 44 | ||
| Thereafter | 169 | ||
| Total net minimum payments | 554 | ||
| Sale-Leaseback Transactions [Abstract] | |||
| Deferred gain on sale-leaseback transactions | $ 19 | ||
| Collective Bargaining Agreements [Abstract] | |||
| Number of employees | Employee | 48,000 | ||
| Percentage of employees covered by collective bargaining agreements | 20.00% | ||
| 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 Amount of increase in lease obligation from new lease. 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| 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/otherTransitionRef
|
| X | ||||||||||
- References No definition available.
|
Income Taxes, Components of Income Tax Expense (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| 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 | 60 | $ 19 | $ 40 |
| U.S. State | 11 | 8 | 6 |
| Non-U.S. | 67 | 40 | 58 |
| Total current | 138 | 67 | 104 |
| Deferred [Abstract] | |||
| U.S. Federal | (47) | (72) | 34 |
| U.S. State | (3) | 12 | (10) |
| Non-U.S. | (2) | (26) | (19) |
| Total deferred | (52) | (86) | 5 |
| Expense for income taxes | 86 | (19) | 109 |
| U.S. income from continuing operations before income taxes | 229 | 373 | 313 |
| Non-U.S. income from continuing operations before income taxes | $ 261 | $ 104 | $ 136 |
| 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
|
| X | ||||||||||
- Definition Amount of reasonable estimate for income tax expense (benefit) for which accounting for tax effect for remeasurement of deferred tax from change in tax rate is incomplete pursuant to Tax Cuts and Jobs Act. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Amount of reasonable estimate for income tax expense (benefit) for which accounting for tax effect is incomplete pursuant to Tax Cuts and Jobs Act. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of reasonable estimate for income tax expense for which accounting for tax effect from transition tax on accumulated earnings of controlled foreign corporation deemed repatriated is incomplete pursuant to Tax Cuts and Jobs Act. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Income Taxes, Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Income Taxes [Abstract] | |||
| U.S. Federal income tax expense at the statutory rate | $ 103 | $ 117 | $ 157 |
| Adjustments to Reconcile to the Income Tax Provision [Abstract] | |||
| U.S. state income tax expense | 9 | 12 | 6 |
| Changes in state valuation allowance | 0 | 0 | (9) |
| Research and development credits | (8) | (7) | (7) |
| Share-based compensation | (12) | (8) | (33) |
| U.S. tax reform | 0 | (124) | 0 |
| Permanent differences | 0 | 0 | 2 |
| Changes in foreign valuation allowance | 13 | (10) | 3 |
| Foreign income taxed in the U.S. | 3 | 0 | 0 |
| Manufacturing tax benefits | 0 | (6) | (6) |
| Permanent foreign currency differences | 0 | 0 | (1) |
| Rate differences between U.S. and foreign | 7 | 3 | (11) |
| Sale of subsidiary | (38) | 0 | 0 |
| Other | 9 | 4 | 8 |
| Expense for income taxes | $ 86 | $ (19) | $ 109 |
| 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 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 the disposition of a business not qualifying as a discontinued operation. 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 reported income tax expense (benefit) in excess of (less than) expected income tax expense (benefit) computed by applying domestic federal statutory income tax rate to pretax income (loss) from continuing operation, attributable to nondeductible expense for award under share-based payment arrangement. Includes, but is not limited to, expense determined to be nondeductible upon grant or after for award under share-based payment arrangement. 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. 28, 2019 |
Sep. 29, 2018 |
|---|---|---|
| Deferred Tax Assets [Abstract] | ||
| Allowance for doubtful accounts | $ 3 | $ 4 |
| Deferred gain on sale-leaseback | 5 | 6 |
| Accrued liabilities and reserves | 64 | 28 |
| Inventories | 9 | 9 |
| Net operating loss carryforward | 348 | 212 |
| Interest expense carryforward | 35 | 0 |
| Alternative minimum tax (AMT) credit carryforward | 0 | 8 |
| Research and development credit carryforward | 12 | 13 |
| Federal and state tax credits | 11 | 10 |
| Other | 40 | 19 |
| Total deferred tax assets | 527 | 309 |
| Valuation allowance | (141) | (93) |
| Total deferred tax assets, net of valuation allowance | 386 | 216 |
| Deferred Tax Liabilities [Abstract] | ||
| Property, plant and equipment | 487 | 239 |
| Intangible assets | 597 | 306 |
| Other | 63 | 5 |
| Total deferred tax liabilities | 1,147 | 550 |
| Net deferred tax liability | (761) | (334) |
| Net deferred tax assets | 42 | |
| Net deferred tax liabilities | $ 803 | $ 365 |
| 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, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, with jurisdictional netting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| 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, after deferred tax asset, of deferred tax liability attributable to taxable differences with jurisdictional netting. 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 interest carryforward. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| 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 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 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) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Income Taxes [Abstract] | |||
| Percentage of cash savings paid under tax receivable agreement | 85.00% | ||
| Deferred tax assets valuation allowance | $ 141 | $ 93 | |
| Income taxes paid | 115 | $ 60 | $ 41 |
| Repatriation tax charge | $ 21 | ||
| Maximum [Member] | |||
| Income Taxes [Abstract] | |||
| Period Federal net operating loss carryforwards should be available for use | 15 years | ||
| Federal [Member] | |||
| Income Taxes [Abstract] | |||
| Operating loss carryforwards | $ 373 | ||
| State [Member] | |||
| Income Taxes [Abstract] | |||
| Operating loss carryforwards | 994 | ||
| State [Member] | Research and Development Tax Credits [Member] | |||
| Income Taxes [Abstract] | |||
| Tax credit carryforwards | 12 | ||
| State [Member] | Other Tax Credits [Member] | |||
| Income Taxes [Abstract] | |||
| Tax credit carryforwards | 8 | ||
| Foreign [Member] | |||
| Income Taxes [Abstract] | |||
| Operating loss carryforwards | $ 896 | ||
| 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 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 | ||||||||||
- 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 | ||||||||||
- Definition Amount of reasonable estimate for income tax expense for which accounting for tax effect from transition tax on accumulated earnings of controlled foreign corporation deemed repatriated is incomplete pursuant to Tax Cuts and Jobs Act. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Income Taxes, Uncertain Tax Positions (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
|
| Gross Unrecognized Tax Benefits [Roll Forward] | ||
| Beginning unrecognized tax benefits | $ 74 | $ 59 |
| Gross increases - tax positions in prior periods | 2 | 1 |
| Gross increases - current period tax positions | 6 | 19 |
| Gross increases - from RPC acquisition | 88 | 0 |
| Settlements | (1) | 0 |
| Lapse of statue of limitations | (4) | (5) |
| Ending unrecognized tax benefits | 165 | $ 74 |
| Unrecognized tax benefits that would affect effective tax rate if recognized | 141 | |
| Interest and penalties accrued for uncertain tax positions | $ 36 | |
| 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 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 acquisitions. No definition available.
|
| 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. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Defined Contribution 401 (k) Retirement Plan [Abstract] | |||
| Defined contribution plan expense | $ 26 | $ 20 | $ 18 |
| Change in Projected Benefit Obligations (PBO) [Roll Forward] | |||
| PBO at beginning of period | 307 | 330 | |
| Acquisition | 1,019 | 0 | |
| Service cost | 2 | 0 | 0 |
| Interest cost | 12 | 11 | 11 |
| Assumption change | 5 | 0 | |
| Currency | (34) | 0 | |
| Actuarial loss (gain) | 94 | (17) | |
| Benefits paid | (28) | (17) | |
| PBO at end of period | 1,377 | 307 | 330 |
| Change in Fair Value of Plan Assets [Roll Forward] | |||
| Plan assets at beginning of period | 277 | 291 | |
| Acquisition | 772 | 0 | |
| Currency | (25) | 0 | |
| Return on assets | 62 | 0 | |
| Contributions | 7 | 3 | |
| Benefits paid | (28) | (17) | |
| Plan assets at end of period | 1,065 | 277 | 291 |
| Underfunded status | (312) | (30) | |
| Net unrealized losses in accumulated other comprehensive loss | (89) | ||
| Amount expected to be amortized from accumulated other comprehensive loss in fiscal 2018 | 5 | ||
| North America [Member] | |||
| Change in Projected Benefit Obligations (PBO) [Roll Forward] | |||
| PBO at beginning of period | 307 | 330 | |
| Acquisition | 0 | 0 | |
| Service cost | 0 | 0 | |
| Interest cost | 12 | 11 | |
| Assumption change | 0 | 0 | |
| Currency | 0 | 0 | |
| Actuarial loss (gain) | 42 | (17) | |
| Benefits paid | (17) | (17) | |
| PBO at end of period | 344 | 307 | 330 |
| Change in Fair Value of Plan Assets [Roll Forward] | |||
| Plan assets at beginning of period | 277 | 291 | |
| Acquisition | 0 | 0 | |
| Currency | 0 | 0 | |
| Return on assets | 9 | 0 | |
| Contributions | 0 | 3 | |
| Benefits paid | (17) | (17) | |
| Plan assets at end of period | 269 | 277 | 291 |
| Underfunded status | (75) | (30) | |
| UK | |||
| Change in Projected Benefit Obligations (PBO) [Roll Forward] | |||
| PBO at beginning of period | 0 | 0 | |
| Acquisition | 810 | 0 | |
| Service cost | 0 | 0 | |
| Interest cost | 0 | 0 | |
| Assumption change | 4 | 0 | |
| Currency | (24) | 0 | |
| Actuarial loss (gain) | 44 | 0 | |
| Benefits paid | (7) | 0 | |
| PBO at end of period | 827 | 0 | 0 |
| Change in Fair Value of Plan Assets [Roll Forward] | |||
| Plan assets at beginning of period | 0 | 0 | |
| Acquisition | 702 | 0 | |
| Currency | (22) | 0 | |
| Return on assets | 51 | 0 | |
| Contributions | 5 | 0 | |
| Benefits paid | (7) | 0 | |
| Plan assets at end of period | 729 | 0 | 0 |
| Underfunded status | (98) | 0 | |
| Mainland Europe [Member] | |||
| Change in Projected Benefit Obligations (PBO) [Roll Forward] | |||
| PBO at beginning of period | 0 | 0 | |
| Acquisition | 209 | 0 | |
| Service cost | 2 | 0 | |
| Interest cost | 0 | 0 | |
| Assumption change | 1 | 0 | |
| Currency | (10) | 0 | |
| Actuarial loss (gain) | 8 | 0 | |
| Benefits paid | (4) | 0 | |
| PBO at end of period | 206 | 0 | 0 |
| Change in Fair Value of Plan Assets [Roll Forward] | |||
| Plan assets at beginning of period | 0 | 0 | |
| Acquisition | 70 | 0 | |
| Currency | (3) | 0 | |
| Return on assets | 2 | 0 | |
| Contributions | 2 | 0 | |
| Benefits paid | (4) | 0 | |
| Plan assets at end of period | 67 | 0 | $ 0 |
| Underfunded status | (139) | $ 0 | |
| Germany | |||
| Change in Fair Value of Plan Assets [Roll Forward] | |||
| Underfunded status | $ (99) | ||
| 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 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 increase in benefit obligation of defined benefit plan from business combination. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of increase in plan assets of defined benefit plan from business combination. 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 foreign currency translation gain (loss) which (increases) decreases benefit obligation of defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| 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 foreign currency translation gain (loss) which increases (decreases) plan assets of defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| 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
|
| 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 | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Retirement Plans, Weighted Average Assumptions Used to Determine Benefit Obligation and Benefit Cost (Details) - Defined Benefit Pension Plans [Member] |
12 Months Ended | |
|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
|
| North America [Member] | ||
| Weighted-Average Assumptions [Abstract] | ||
| Discount rate for benefit obligation | 2.90% | 4.00% |
| Discount rate for net benefit cost | 4.00% | 3.50% |
| Expected return on plan assets for net benefit costs | 6.10% | 6.10% |
| UK | ||
| Weighted-Average Assumptions [Abstract] | ||
| Discount rate for benefit obligation | 1.80% | 0.00% |
| Discount rate for net benefit cost | 2.30% | 0.00% |
| Expected return on plan assets for net benefit costs | 4.30% | 0.00% |
| Mainland Europe [Member] | ||
| Weighted-Average Assumptions [Abstract] | ||
| Discount rate for benefit obligation | 0.70% | 0.00% |
| Discount rate for net benefit cost | 1.00% | 0.00% |
| Expected return on plan assets for net benefit costs | 1.70% | 0.00% |
| 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 | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Retirement Plans, Fair Value of Plan Assets (Details) - USD ($) $ in Millions |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|---|---|---|---|
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | $ 1,065 | $ 277 | $ 291 |
| Level 1 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 166 | 94 | |
| Level 2 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 743 | 175 | |
| Level 3 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 156 | 8 | |
| Cash and Cash Equivalents [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 104 | 6 | |
| Cash and Cash Equivalents [Member] | Level 1 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 15 | 6 | |
| Cash and Cash Equivalents [Member] | Level 2 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 89 | 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 | 124 | 67 | |
| 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 | 124 | 67 | |
| 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 | 42 | 50 | |
| U.S. Mid Cap Equity Mutual Funds [Member] | Level 1 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 42 | 50 | |
| 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 | 112 | 15 | |
| International Equity Mutual Funds [Member] | Level 1 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 18 | 15 | |
| International Equity Mutual Funds [Member] | Level 2 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 94 | 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 | 257 | 3 | |
| Real Estate Equity Investment Funds [Member] | Level 1 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 3 | 3 | |
| Real Estate Equity Investment Funds [Member] | Level 2 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 179 | 0 | |
| Real Estate Equity Investment Funds [Member] | Level 3 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 75 | 0 | |
| Corporate Bond Mutual Funds [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 12 | 11 | |
| Corporate Bond Mutual Funds [Member] | Level 1 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 12 | 11 | |
| 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 | 178 | 108 | |
| 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 | 164 | 108 | |
| Corporate Bonds [Member] | Level 3 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 14 | 0 | |
| Guaranteed Investment Account [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 8 | 8 | |
| 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 | 8 | |
| International Fixed Income Funds [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 166 | 6 | |
| International Fixed Income Funds [Member] | Level 1 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 73 | 6 | |
| International Fixed Income Funds [Member] | Level 2 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 93 | 0 | |
| International Fixed Income Funds [Member] | Level 3 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 0 | $ 0 | |
| International Insurance Policies [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 59 | ||
| International Insurance Policies [Member] | Level 1 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 0 | ||
| International Insurance Policies [Member] | Level 2 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | 0 | ||
| International Insurance Policies [Member] | Level 3 [Member] | |||
| Retirement Plans [Abstract] | |||
| Fair value of plan assets | $ 59 |
| 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
|
| X | ||||||||||
- Details
|
Retirement Plans, Expected Future Benefit Payments (Details) - Defined Benefit Pension Plans [Member] $ in Millions |
Sep. 28, 2019
USD ($)
|
|---|---|
| Expected Future Benefit Payments [Abstract] | |
| 2020 | $ 54 |
| 2021 | 55 |
| 2022 | 55 |
| 2023 | 55 |
| 2024 | 58 |
| 2025-2029 | 293 |
| North America [Member] | |
| Expected Future Benefit Payments [Abstract] | |
| 2020 | 19 |
| 2021 | 19 |
| 2022 | 19 |
| 2023 | 19 |
| 2024 | 19 |
| 2025-2029 | 96 |
| UK | |
| Expected Future Benefit Payments [Abstract] | |
| 2020 | 28 |
| 2021 | 29 |
| 2022 | 29 |
| 2023 | 30 |
| 2024 | 31 |
| 2025-2029 | 158 |
| Mainland Europe [Member] | |
| Expected Future Benefit Payments [Abstract] | |
| 2020 | 7 |
| 2021 | 7 |
| 2022 | 7 |
| 2023 | 6 |
| 2024 | 8 |
| 2025-2029 | $ 39 |
| 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
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Retirement Plans, Net Pension Expense (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Retirement Plans [Abstract] | |||
| Service cost | $ 2 | $ 0 | $ 0 |
| Interest cost | 12 | 11 | 11 |
| Amortization of net actuarial loss | 6 | 2 | 3 |
| Expected return on plan assets | (24) | (17) | (17) |
| Net periodic benefit expense (income) | $ (4) | $ (4) | $ (3) |
| 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. 28, 2019 |
Sep. 29, 2018 |
|---|---|---|
| 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% | 50.00% |
| Company Common Stock [Member] | ||
| Retirement Plans [Abstract] | ||
| Company stock held in plan assets | $ 35 | |
| Debt Securities and Debt-Like [Member] | ||
| Retirement Plans [Abstract] | ||
| Actual plan asset allocation | 33.00% | 45.00% |
| International Insurance Policies [Member] | ||
| Retirement Plans [Abstract] | ||
| Actual plan asset allocation | 6.00% | 0.00% |
| Other [Member] | ||
| Retirement Plans [Abstract] | ||
| Actual plan asset allocation | 11.00% | 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
|
| X | ||||||||||
- Details
|
Restructuring and Transaction Activities, Restructuring Charges (Details) $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 28, 2019
USD ($)
|
Jun. 29, 2019
USD ($)
|
Mar. 30, 2019
USD ($)
|
Dec. 29, 2018
USD ($)
|
Sep. 29, 2018
USD ($)
|
Jun. 30, 2018
USD ($)
|
Mar. 31, 2018
USD ($)
|
Dec. 30, 2017
USD ($)
|
Sep. 28, 2019
USD ($)
Facility
|
Sep. 29, 2018
USD ($)
Facility
|
Sep. 30, 2017
USD ($)
Facility
|
|
| Restructuring Charges [Abstract] | |||||||||||
| Number of facilities shut down | Facility | 0 | ||||||||||
| Net sales | $ 3,019 | $ 1,937 | $ 1,950 | $ 1,972 | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 8,878 | $ 7,869 | $ 7,095 |
| Expected Restructuring Costs [Abstract] | |||||||||||
| Expected total costs | 85 | 85 | |||||||||
| Cumulative charges through Fiscal 2019 | 82 | 82 | |||||||||
| To be recognized in future | 3 | 3 | |||||||||
| Severance and Termination Benefits [Member] | |||||||||||
| Expected Restructuring Costs [Abstract] | |||||||||||
| Expected total costs | 62 | 62 | |||||||||
| Cumulative charges through Fiscal 2019 | 62 | 62 | |||||||||
| To be recognized in future | 0 | 0 | |||||||||
| Facility Exit Costs [Member] | |||||||||||
| Expected Restructuring Costs [Abstract] | |||||||||||
| Expected total costs | 13 | 13 | |||||||||
| Cumulative charges through Fiscal 2019 | 10 | 10 | |||||||||
| To be recognized in future | 3 | 3 | |||||||||
| Asset Impairment [Member] | |||||||||||
| Expected Restructuring Costs [Abstract] | |||||||||||
| Expected total costs | 10 | 10 | |||||||||
| Cumulative charges through Fiscal 2019 | 10 | 10 | |||||||||
| To be recognized in future | $ 0 | $ 0 | |||||||||
| Consumer Packaging North America [Member] | |||||||||||
| Restructuring Charges [Abstract] | |||||||||||
| Number of facilities shut down | Facility | 1 | ||||||||||
| Net sales | $ 15 | $ 12 | |||||||||
| Engineered Materials [Member] | |||||||||||
| Restructuring Charges [Abstract] | |||||||||||
| Number of facilities shut down | Facility | 1 | ||||||||||
| Net sales | $ 10 | ||||||||||
| Health, Hygiene & Specialties [Member] | |||||||||||
| Restructuring Charges [Abstract] | |||||||||||
| Number of facilities shut down | Facility | 1 | 1 | |||||||||
| Net sales | $ 30 | $ 5 | |||||||||
| X | ||||||||||
- Definition The number of facilities shut down during the period as a result of restructuring activities. 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 Transaction Activities, Restructuring Charges by Segment (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Restructuring Charges [Abstract] | |||
| Restructuring and transaction activities | $ (132) | $ 36 | $ 24 |
| Consumer Packaging International [Member] | |||
| Restructuring Charges [Abstract] | |||
| Restructuring and transaction activities | 54 | 0 | 0 |
| Consumer Packaging North America [Member] | |||
| Restructuring Charges [Abstract] | |||
| Restructuring and transaction activities | 12 | 3 | 8 |
| Engineered Materials [Member] | |||
| Restructuring Charges [Abstract] | |||
| Restructuring and transaction activities | 2 | 6 | 5 |
| Health, Hygiene & Specialties [Member] | |||
| Restructuring Charges [Abstract] | |||
| Restructuring and transaction activities | $ (200) | $ 27 | $ 11 |
| X | ||||||||||
- Definition Amount of restructuring charges, remediation cost, and asset impairment loss in addition to amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Restructuring and Transaction Activities, Restructuring Accrual Activity (Details) - USD ($) $ in Millions |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
||||
| Restructuring Accrual [Roll Forward] | ||||||
| Beginning balance | $ 13 | $ 19 | ||||
| Charges | (124) | 36 | ||||
| Non-cash asset impairment | (8) | 0 | $ (2) | |||
| Cash | (42) | |||||
| Cash | 126 | |||||
| Ending balance | 7 | 13 | 19 | |||
| Pretax gain on sale of business | 214 | |||||
| Employee Severance and Benefits [Member] | ||||||
| Restructuring Accrual [Roll Forward] | ||||||
| Beginning balance | 9 | 14 | ||||
| Charges | 10 | 34 | ||||
| Non-cash asset impairment | 0 | |||||
| Cash | (39) | |||||
| Cash | (17) | |||||
| Ending balance | 2 | 9 | 14 | |||
| Facility Exit Costs [Member] | ||||||
| Restructuring Accrual [Roll Forward] | ||||||
| Beginning balance | 4 | 5 | ||||
| Charges | 4 | 2 | ||||
| Non-cash asset impairment | 0 | |||||
| Cash | (3) | |||||
| Cash | (3) | |||||
| Ending balance | 5 | 4 | 5 | |||
| Non-Cash Impairment Charges [Member] | ||||||
| Restructuring Accrual [Roll Forward] | ||||||
| Beginning balance | 0 | 0 | ||||
| Charges | 8 | 0 | ||||
| Non-cash asset impairment | (8) | |||||
| Cash | 0 | |||||
| Cash | 0 | |||||
| Ending balance | 0 | 0 | 0 | |||
| Transaction Activities [Member] | ||||||
| Restructuring Accrual [Roll Forward] | ||||||
| Beginning balance | 0 | 0 | ||||
| Charges | (146) | [1] | 0 | |||
| Non-cash asset impairment | 0 | |||||
| Cash | 0 | |||||
| Cash | 146 | |||||
| Ending balance | $ 0 | $ 0 | $ 0 | |||
| ||||||
| X | ||||||||||
- Definition Amount of cash payments made as the result of exit or disposal activities and other increases (decreases) in the accrual for restructuring costs related to the disposition of a business. 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 before tax of gain (loss) recognized on the sale or disposal of a disposal group. Excludes discontinued operations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| 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
|
| X | ||||||||||
- Details
|
Related Party Transactions (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Related Party Transactions [Abstract] | |||
| Payment of tax receivable agreement | $ 38 | $ 37 | $ 111 |
| Apollo Global Management, LLC [Member] | |||
| Related Party Transactions [Abstract] | |||
| Payment of tax receivable agreement | $ 29 | ||
| 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. 28, 2019 |
Sep. 29, 2018 |
Aug. 31, 2018 |
|
| Stockholders' Equity [Abstract] | |||
| Authorized amount of share repurchase program | $ 500 | ||
| Number of shares repurchased and retired (in shares) | 1,512 | ||
| Shares repurchased and retired | $ 72 | $ 35 | |
| Average price of shares repurchased (in dollars per share) | $ 47.64 | ||
| 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. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Stockholders' Equity [Abstract] | |||
| Stock-based compensation expense | $ 27 | $ 23 | $ 20 |
| Intrinsic value of options exercised | $ 43 | ||
| 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 Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. 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 share-based payment arrangement. No definition available.
|
| X | ||||||||||
- Definition Number of shares authorized for issuance under share-based payment arrangement. 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. 28, 2019 |
Sep. 29, 2018 |
|
| Number of Shares [Roll Forward] | ||
| Options outstanding, beginning of period (in shares) | 10,744 | 10,760 |
| Options granted (in shares) | 2,259 | 1,453 |
| Options exercised (in shares) | (2,476) | (1,176) |
| Options forfeited or cancelled (in shares) | (264) | (293) |
| Options outstanding, end of period (in shares) | 10,263 | 10,744 |
| Weighted Average Exercise Price [Roll Forward] | ||
| Options outstanding, beginning of period (in dollars per share) | $ 32.40 | $ 28.18 |
| Options granted (in dollars per share) | 47.66 | 54.33 |
| Options exercised (in dollars per share) | 22.41 | 18.62 |
| Options forfeited or cancelled (in dollars per share) | 46.07 | 41.30 |
| Options outstanding, end of period (in dollars per share) | 37.82 | 32.40 |
| 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 | $ 54.33 |
| Options exercisable at end of period (in shares) | 4,720 | 5,154 |
| Options available for grant at period end (in shares) | 5,099 | 7,094 |
| Weighted average fair value of options granted during period (in dollars per share) | $ 15.34 | $ 17.84 |
| 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. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Weighted Average Assumptions [Abstract] | |||
| Risk-free interest rate | 2.50% | 2.70% | 2.20% |
| Dividend yield | 0.00% | 0.00% | 0.00% |
| Volatility factor | 26.30% | 26.10% | 26.00% |
| 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 award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents 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. 28, 2019 |
Sep. 29, 2018 |
|
| 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 | $ 54.33 |
| Number exercisable (in shares) | 4,720 | 5,154 |
| $ 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 (in shares) | 10,263 | |
| Intrinsic value of outstanding | $ 69 | |
| Weighted remaining contractual life | 6 years 6 months | |
| Weighted exercise price (in dollars per share) | $ 37.82 | |
| Number exercisable (in shares) | 4,720 | |
| Intrinsic value of exercisable | $ 54 | |
| Unrecognized compensation | $ 5 | |
| Weighted recognition period | 2 years 1 month 6 days | |
| X | ||||||||||
- Definition Weighted-average period over which cost not yet recognized is expected to be recognized for award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of cost to be recognized for option under share-based payment arrangement. 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. 28, 2019
USD ($)
|
Jun. 29, 2019
USD ($)
|
Mar. 30, 2019
USD ($)
|
Dec. 29, 2018
USD ($)
|
Sep. 29, 2018
USD ($)
|
Jun. 30, 2018
USD ($)
|
Mar. 31, 2018
USD ($)
|
Dec. 30, 2017
USD ($)
|
Sep. 28, 2019
USD ($)
Segment
|
Sep. 29, 2018
USD ($)
|
Sep. 30, 2017
USD ($)
|
|
| Segment and Geographic Data [Abstract] | |||||||||||
| Number of reportable segments | Segment | 4 | ||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | $ 3,019 | $ 1,937 | $ 1,950 | $ 1,972 | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 8,878 | $ 7,869 | $ 7,095 |
| Operating income | 974 | 761 | 732 | ||||||||
| Depreciation and amortization | 613 | 538 | 521 | ||||||||
| Total assets | 16,469 | 9,131 | 16,469 | 9,131 | |||||||
| Consumer Packaging North America [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 15 | 12 | |||||||||
| Engineered Materials [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 10 | ||||||||||
| Health, Hygiene & Specialties [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 30 | 5 | |||||||||
| Operating Segment [Member] | Consumer Packaging International [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 1,229 | 215 | 200 | ||||||||
| Operating income | 12 | 17 | 23 | ||||||||
| Depreciation and amortization | 93 | 15 | 14 | ||||||||
| Total assets | 7,085 | 203 | 7,085 | 203 | |||||||
| Operating Segment [Member] | Consumer Packaging North America [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 2,636 | 2,463 | 2,351 | ||||||||
| Operating income | 234 | 190 | 200 | ||||||||
| Depreciation and amortization | 216 | 229 | 231 | ||||||||
| Total assets | 4,243 | 3,220 | 4,243 | 3,220 | |||||||
| Operating Segment [Member] | Engineered Materials [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 2,538 | 2,633 | 2,337 | ||||||||
| Operating income | 318 | 365 | 311 | ||||||||
| Depreciation and amortization | 116 | 108 | 101 | ||||||||
| Total assets | 1,862 | 1,968 | 1,862 | 1,968 | |||||||
| Operating Segment [Member] | Health, Hygiene & Specialties [Member] | |||||||||||
| Selected Information by Reportable Segment [Abstract] | |||||||||||
| Net sales | 2,475 | 2,558 | 2,207 | ||||||||
| Operating income | 410 | 189 | 198 | ||||||||
| Depreciation and amortization | 188 | 186 | $ 175 | ||||||||
| Total assets | $ 3,279 | $ 3,740 | $ 3,279 | $ 3,740 | |||||||
| 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 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 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 | ||||||||||
- Details
|
| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
|
Segment and Geographic Data, Selected Information by Geographical Region (Details) - USD ($) $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 28, 2019 |
Jun. 29, 2019 |
Mar. 30, 2019 |
Dec. 29, 2018 |
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Selected Information by Geography [Abstract] | |||||||||||
| Net sales | $ 3,019 | $ 1,937 | $ 1,950 | $ 1,972 | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 8,878 | $ 7,869 | $ 7,095 |
| Long-lived assets | 12,712 | 6,846 | 12,712 | 6,846 | |||||||
| Reportable Geography [Member] | North America [Member] | |||||||||||
| Selected Information by Geography [Abstract] | |||||||||||
| Net sales | 6,465 | 6,474 | 5,850 | ||||||||
| Long-lived assets | 6,921 | 5,764 | 6,921 | 5,764 | |||||||
| Reportable Geography [Member] | South America [Member] | |||||||||||
| Selected Information by Geography [Abstract] | |||||||||||
| Net sales | 297 | 332 | 333 | ||||||||
| Long-lived assets | 307 | 320 | 307 | 320 | |||||||
| Reportable Geography [Member] | Europe, Middle East, India, Africa [Member] | |||||||||||
| Selected Information by Geography [Abstract] | |||||||||||
| Net sales | 1,720 | 807 | 646 | ||||||||
| Long-lived assets | 4,780 | 463 | 4,780 | 463 | |||||||
| Reportable Geography [Member] | Asia Pacific [Member] | |||||||||||
| Selected Information by Geography [Abstract] | |||||||||||
| Net sales | 396 | 256 | $ 266 | ||||||||
| Long-lived assets | $ 704 | $ 299 | $ 704 | $ 299 | |||||||
| 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
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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| X | ||||||||||
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| X | ||||||||||
- Details
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Segment and Geographic Data, Selected Information by Product Line (Details) - Net Sales [Member] - Product Concentration Risk [Member] |
12 Months Ended | ||
|---|---|---|---|
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Consumer Packaging International [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 100.00% | 100.00% | 100.00% |
| Consumer Packaging International [Member] | Packaging [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 67.00% | 100.00% | 100.00% |
| Consumer Packaging International [Member] | Non-packaging [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 33.00% | 0.00% | 0.00% |
| Consumer Packaging North America [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 100.00% | 100.00% | 100.00% |
| Consumer Packaging North America [Member] | Rigid Open Top [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 45.00% | 44.00% | 43.00% |
| Consumer Packaging North America [Member] | Rigid Closed Top [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 55.00% | 56.00% | 57.00% |
| 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 | 40.00% | 41.00% | 44.00% |
| Engineered Materials [Member] | Retail & Industrial [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 60.00% | 59.00% | 56.00% |
| 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 | 15.00% | 18.00% | 19.00% |
| Health, Hygiene & Specialties [Member] | Hygiene [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 53.00% | 51.00% | 45.00% |
| Health, Hygiene & Specialties [Member] | Specialties [Member] | |||
| Selected Information by Product Line [Abstract] | |||
| Concentration risk percentage | 32.00% | 31.00% | 36.00% |
| 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
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- Details
|
Net Income per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 28, 2019 |
Jun. 29, 2019 |
Mar. 30, 2019 |
Dec. 29, 2018 |
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Net Income per Share [Abstract] | |||||||||||
| Antidilutive shares excluded from computation of earnings per share (in shares) | 5.0 | 0.0 | 0.0 | ||||||||
| Numerator [Abstract] | |||||||||||
| Net income attributable to the Company | $ 229 | $ 13 | $ 74 | $ 88 | $ 133 | $ 110 | $ 90 | $ 163 | $ 404 | $ 496 | $ 340 |
| Denominator [Abstract] | |||||||||||
| Weighted average common shares outstanding - basic (in shares) | 131.3 | 131.4 | 127.6 | ||||||||
| Dilutive shares (in shares) | 3.3 | 3.8 | 5.0 | ||||||||
| Weighted average common and common equivalent shares outstanding - diluted (in shares) | 134.6 | 135.2 | 132.6 | ||||||||
| Per Common Share Income [Abstract] | |||||||||||
| Basic (in dollars per share) | $ 1.74 | $ 0.10 | $ 0.57 | $ 0.67 | $ 1.01 | $ 0.83 | $ 0.69 | $ 1.24 | $ 3.08 | $ 3.77 | $ 2.66 |
| Diluted (in dollars per share) | $ 1.69 | $ 0.10 | $ 0.55 | $ 0.66 | $ 0.99 | $ 0.81 | $ 0.66 | $ 1.20 | $ 3.00 | $ 3.67 | $ 2.56 |
| 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. 28, 2019 |
Jun. 29, 2019 |
Mar. 30, 2019 |
Dec. 29, 2018 |
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Guarantor and Non-Guarantor Financial Information [Abstract] | |||||||||||
| Percentage ownership in guarantor subsidiaries | 100.00% | ||||||||||
| Condensed Supplemental Consolidated Statements of Operations [Abstract] | |||||||||||
| Net sales | $ 3,019 | $ 1,937 | $ 1,950 | $ 1,972 | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 8,878 | $ 7,869 | $ 7,095 |
| Cost of goods sold | 2,511 | 1,551 | 1,578 | 1,619 | 1,705 | 1,690 | 1,596 | 1,447 | 7,259 | 6,438 | 5,691 |
| Selling, general and administrative | 583 | 480 | 494 | ||||||||
| Amortization of intangibles | 194 | 154 | 154 | ||||||||
| Restructuring and transaction activities | (132) | 36 | 24 | ||||||||
| Operating income | 974 | 761 | 732 | ||||||||
| Other (income) expense, net | 155 | 25 | 14 | ||||||||
| Interest expense, net | 329 | 259 | 269 | ||||||||
| Equity in net income of subsidiaries | 0 | 0 | 0 | ||||||||
| Income before income taxes | 490 | 477 | 449 | ||||||||
| Income tax expense (benefit) | 86 | (19) | 109 | ||||||||
| Net income | $ 229 | $ 13 | $ 74 | $ 88 | $ 133 | $ 110 | $ 90 | $ 163 | 404 | 496 | 340 |
| Currency translation | (71) | (127) | 34 | ||||||||
| Pension and postretirement benefits | (55) | 3 | 38 | ||||||||
| Derivative instruments | (111) | 49 | 28 | ||||||||
| Provision for income taxes | 7 | (13) | (20) | ||||||||
| Comprehensive income | 174 | 408 | 420 | ||||||||
| 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 transaction activities | 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 | 986 | 784 | 790 | ||||||||
| Income before income taxes | (986) | (784) | (790) | ||||||||
| Income tax expense (benefit) | (86) | 19 | (109) | ||||||||
| Net income | (900) | (803) | (681) | ||||||||
| Currency translation | 71 | 127 | (34) | ||||||||
| Pension and postretirement benefits | 55 | (3) | (38) | ||||||||
| Derivative instruments | 111 | (49) | (28) | ||||||||
| Provision for income taxes | (7) | 13 | 20 | ||||||||
| Comprehensive income | (670) | (715) | (761) | ||||||||
| 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 transaction activities | 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 | (490) | (477) | (449) | ||||||||
| Income before income taxes | 490 | 477 | 449 | ||||||||
| Income tax expense (benefit) | 86 | (19) | 109 | ||||||||
| Net income | 404 | 496 | 340 | ||||||||
| Currency translation | (71) | (127) | 34 | ||||||||
| Pension and postretirement benefits | (55) | 3 | 38 | ||||||||
| Derivative instruments | (111) | 49 | 28 | ||||||||
| Provision for income taxes | 7 | (13) | (20) | ||||||||
| Comprehensive income | 174 | 408 | 420 | ||||||||
| Issuer [Member] | |||||||||||
| Condensed Supplemental Consolidated Statements of Operations [Abstract] | |||||||||||
| Net sales | 561 | 574 | 587 | ||||||||
| Cost of goods sold | 381 | 346 | 438 | ||||||||
| Selling, general and administrative | 66 | 63 | 55 | ||||||||
| Amortization of intangibles | 0 | 1 | 6 | ||||||||
| Restructuring and transaction activities | 0 | 0 | 0 | ||||||||
| Operating income | 114 | 164 | 88 | ||||||||
| Other (income) expense, net | 163 | 8 | 8 | ||||||||
| Interest expense, net | 20 | 8 | 12 | ||||||||
| Equity in net income of subsidiaries | (496) | (307) | (341) | ||||||||
| Income before income taxes | 427 | 455 | 409 | ||||||||
| Income tax expense (benefit) | 23 | (41) | 69 | ||||||||
| Net income | 404 | 496 | 340 | ||||||||
| Currency translation | 136 | (11) | 0 | ||||||||
| Pension and postretirement benefits | (48) | 0 | 25 | ||||||||
| Derivative instruments | (108) | 49 | 28 | ||||||||
| Provision for income taxes | 7 | (13) | (20) | ||||||||
| Comprehensive income | 391 | 521 | 373 | ||||||||
| Guarantor Subsidiaries [Member] | |||||||||||
| Condensed Supplemental Consolidated Statements of Operations [Abstract] | |||||||||||
| Net sales | 5,390 | 5,465 | 4,861 | ||||||||
| Cost of goods sold | 4,500 | 4,558 | 3,920 | ||||||||
| Selling, general and administrative | 333 | 309 | 335 | ||||||||
| Amortization of intangibles | 135 | 127 | 120 | ||||||||
| Restructuring and transaction activities | 52 | 20 | 14 | ||||||||
| Operating income | 370 | 451 | 472 | ||||||||
| Other (income) expense, net | 0 | 8 | (1) | ||||||||
| Interest expense, net | 219 | 225 | 229 | ||||||||
| Equity in net income of subsidiaries | 0 | 0 | 0 | ||||||||
| Income before income taxes | 151 | 218 | 244 | ||||||||
| Income tax expense (benefit) | (2) | (2) | 0 | ||||||||
| Net income | 153 | 220 | 244 | ||||||||
| Currency translation | 0 | (3) | 0 | ||||||||
| Pension and postretirement benefits | 0 | 0 | 0 | ||||||||
| Derivative instruments | 0 | 0 | 0 | ||||||||
| Provision for income taxes | 0 | 0 | 0 | ||||||||
| Comprehensive income | 153 | 217 | 244 | ||||||||
| Non-Guarantor Subsidiaries [Member] | |||||||||||
| Condensed Supplemental Consolidated Statements of Operations [Abstract] | |||||||||||
| Net sales | 2,927 | 1,830 | 1,647 | ||||||||
| Cost of goods sold | 2,378 | 1,534 | 1,333 | ||||||||
| Selling, general and administrative | 184 | 108 | 104 | ||||||||
| Amortization of intangibles | 59 | 26 | 28 | ||||||||
| Restructuring and transaction activities | (184) | 16 | 10 | ||||||||
| Operating income | 490 | 146 | 172 | ||||||||
| Other (income) expense, net | (8) | 9 | 7 | ||||||||
| Interest expense, net | 90 | 26 | 28 | ||||||||
| Equity in net income of subsidiaries | 0 | 0 | 0 | ||||||||
| Income before income taxes | 408 | 111 | 137 | ||||||||
| Income tax expense (benefit) | 65 | 24 | 40 | ||||||||
| Net income | 343 | 87 | 97 | ||||||||
| Currency translation | (207) | (113) | 34 | ||||||||
| Pension and postretirement benefits | (7) | 3 | 13 | ||||||||
| Derivative instruments | (3) | 0 | 0 | ||||||||
| Provision for income taxes | 0 | 0 | 0 | ||||||||
| Comprehensive income | $ 126 | $ (23) | $ 144 | ||||||||
| X | ||||||||||
- Definition The parent entity's interest in the guarantor subsidiaries, expressed as a percentage. No definition available.
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| X | ||||||||||
- Definition Amount of restructuring charges, remediation cost, and asset impairment loss in addition to amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. No definition available.
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| X | ||||||||||
- References No definition available.
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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 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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| 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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| 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
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| X | ||||||||||
- Definition Amount before tax of income (loss) of subsidiary attributable to the parent entity. No definition available.
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| X | ||||||||||
- References No definition available.
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| 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
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| 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
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| 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
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| 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
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| 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
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| X | ||||||||||
- 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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| 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
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| 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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Guarantor and Non-Guarantor Financial Information, Condensed Supplemental Consolidated Balance Sheet (Details) - USD ($) $ in Millions |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
Oct. 01, 2016 |
|---|---|---|---|---|
| Current assets [Abstract] | ||||
| Cash and cash equivalents | $ 750 | $ 381 | ||
| Accounts receivable | 1,526 | 941 | ||
| Intercompany receivable | 0 | 0 | ||
| Inventories | 1,324 | 887 | ||
| Prepaid expenses and other current assets | 157 | 76 | ||
| Total current assets | 3,757 | 2,285 | ||
| Property, plant and equipment | 4,714 | 2,488 | ||
| Goodwill and intangible assets | 7,831 | 4,284 | ||
| Investment in subsidiaries | 0 | 0 | ||
| Other assets | 167 | 74 | ||
| Total assets | 16,469 | 9,131 | ||
| Current liabilities [Abstract] | ||||
| Accounts payable | 1,159 | 783 | ||
| Accrued expenses and other current liabilities | 776 | 416 | ||
| Intercompany payable | 0 | 0 | ||
| Current portion of long-term debt | 104 | 38 | ||
| Total current liabilities | 2,039 | 1,237 | ||
| Long-term debt | 11,261 | 5,806 | ||
| Deferred income taxes | 803 | 365 | ||
| Other long-term liabilities | 748 | 289 | ||
| Total long-term liabilities | 12,812 | 6,460 | ||
| Total liabilities | 14,851 | 7,697 | ||
| Total equity (deficit) | 1,618 | 1,434 | $ 1,015 | $ 221 |
| Total liabilities and stockholders' equity | 16,469 | 9,131 | ||
| Eliminations [Member] | ||||
| Current assets [Abstract] | ||||
| Cash and cash equivalents | 0 | 0 | ||
| Accounts receivable | 0 | 0 | ||
| Intercompany receivable | (2,285) | (2,252) | ||
| Inventories | 0 | 0 | ||
| Prepaid expenses and other current assets | 0 | 0 | ||
| Total current assets | (2,285) | (2,252) | ||
| Property, plant and equipment | 0 | 0 | ||
| Goodwill and intangible assets | 0 | 0 | ||
| Investment in subsidiaries | (15,751) | (8,769) | ||
| Other assets | 0 | 0 | ||
| Total assets | (18,036) | (11,021) | ||
| Current liabilities [Abstract] | ||||
| Accounts payable | 0 | 0 | ||
| Accrued expenses and other current liabilities | 0 | 0 | ||
| Intercompany payable | (2,285) | (2,252) | ||
| Current portion of long-term debt | 0 | 0 | ||
| Total current liabilities | (2,285) | (2,252) | ||
| Long-term debt | 0 | 0 | ||
| Deferred income taxes | 0 | 0 | ||
| Other long-term liabilities | 0 | 0 | ||
| Total long-term liabilities | 0 | 0 | ||
| Total liabilities | (2,285) | (2,252) | ||
| Total equity (deficit) | (15,751) | (8,769) | ||
| Total liabilities and stockholders' equity | (18,036) | (11,021) | ||
| Parent [Member] | ||||
| Current assets [Abstract] | ||||
| Cash and cash equivalents | 0 | 0 | ||
| Accounts receivable | 0 | 0 | ||
| Intercompany receivable | 503 | 296 | ||
| Inventories | 0 | 0 | ||
| Prepaid expenses and other current assets | 0 | 0 | ||
| Total current assets | 503 | 296 | ||
| Property, plant and equipment | 0 | 0 | ||
| Goodwill and intangible assets | 0 | 0 | ||
| Investment in subsidiaries | 1,918 | 1,513 | ||
| Other assets | 0 | 31 | ||
| Total assets | 2,421 | 1,840 | ||
| Current liabilities [Abstract] | ||||
| Accounts payable | 0 | 0 | ||
| Accrued expenses and other current liabilities | 0 | 18 | ||
| Intercompany payable | 0 | 0 | ||
| Current portion of long-term debt | 0 | 0 | ||
| Total current liabilities | 0 | 18 | ||
| Long-term debt | 0 | 0 | ||
| Deferred income taxes | 803 | 365 | ||
| Other long-term liabilities | 0 | 23 | ||
| Total long-term liabilities | 803 | 388 | ||
| Total liabilities | 803 | 406 | ||
| Total equity (deficit) | 1,618 | 1,434 | ||
| Total liabilities and stockholders' equity | 2,421 | 1,840 | ||
| Issuer [Member] | ||||
| Current assets [Abstract] | ||||
| Cash and cash equivalents | 42 | 133 | ||
| Accounts receivable | 64 | 42 | ||
| Intercompany receivable | 1,401 | 1,907 | ||
| Inventories | 51 | 56 | ||
| Prepaid expenses and other current assets | 15 | 18 | ||
| Total current assets | 1,573 | 2,156 | ||
| Property, plant and equipment | 78 | 79 | ||
| Goodwill and intangible assets | 78 | 79 | ||
| Investment in subsidiaries | 12,728 | 6,151 | ||
| Other assets | 67 | 17 | ||
| Total assets | 14,524 | 8,482 | ||
| Current liabilities [Abstract] | ||||
| Accounts payable | 47 | 42 | ||
| Accrued expenses and other current liabilities | 203 | 146 | ||
| Intercompany payable | 0 | 0 | ||
| Current portion of long-term debt | 99 | 30 | ||
| Total current liabilities | 349 | 218 | ||
| Long-term debt | 11,184 | 5,782 | ||
| Deferred income taxes | 0 | 0 | ||
| Other long-term liabilities | 281 | 163 | ||
| Total long-term liabilities | 11,465 | 5,945 | ||
| Total liabilities | 11,814 | 6,163 | ||
| Total equity (deficit) | 2,710 | 2,319 | ||
| Total liabilities and stockholders' equity | 14,524 | 8,482 | ||
| Guarantor Subsidiaries [Member] | ||||
| Current assets [Abstract] | ||||
| Cash and cash equivalents | 2 | 4 | ||
| Accounts receivable | 482 | 555 | ||
| Intercompany receivable | 0 | 0 | ||
| Inventories | 568 | 664 | ||
| Prepaid expenses and other current assets | 13 | 17 | ||
| Total current assets | 1,065 | 1,240 | ||
| Property, plant and equipment | 1,645 | 1,684 | ||
| Goodwill and intangible assets | 3,600 | 3,742 | ||
| Investment in subsidiaries | 1,105 | 1,105 | ||
| Other assets | 1 | 2 | ||
| Total assets | 7,416 | 7,773 | ||
| Current liabilities [Abstract] | ||||
| Accounts payable | 329 | 468 | ||
| Accrued expenses and other current liabilities | 179 | 159 | ||
| Intercompany payable | 1,859 | 2,252 | ||
| Current portion of long-term debt | 5 | 8 | ||
| Total current liabilities | 2,372 | 2,887 | ||
| Long-term debt | 11 | 23 | ||
| Deferred income taxes | 0 | 0 | ||
| Other long-term liabilities | 62 | 45 | ||
| Total long-term liabilities | 73 | 68 | ||
| Total liabilities | 2,445 | 2,955 | ||
| Total equity (deficit) | 4,971 | 4,818 | ||
| Total liabilities and stockholders' equity | 7,416 | 7,773 | ||
| Non-Guarantor Subsidiaries [Member] | ||||
| Current assets [Abstract] | ||||
| Cash and cash equivalents | 706 | 244 | ||
| Accounts receivable | 980 | 344 | ||
| Intercompany receivable | 381 | 49 | ||
| Inventories | 705 | 167 | ||
| Prepaid expenses and other current assets | 129 | 41 | ||
| Total current assets | 2,901 | 845 | ||
| Property, plant and equipment | 2,991 | 725 | ||
| Goodwill and intangible assets | 4,153 | 463 | ||
| Investment in subsidiaries | 0 | 0 | ||
| Other assets | 99 | 24 | ||
| Total assets | 10,144 | 2,057 | ||
| Current liabilities [Abstract] | ||||
| Accounts payable | 783 | 273 | ||
| Accrued expenses and other current liabilities | 394 | 93 | ||
| Intercompany payable | 426 | 0 | ||
| Current portion of long-term debt | 0 | 0 | ||
| Total current liabilities | 1,603 | 366 | ||
| Long-term debt | 66 | 1 | ||
| Deferred income taxes | 0 | 0 | ||
| Other long-term liabilities | 405 | 58 | ||
| Total long-term liabilities | 471 | 59 | ||
| Total liabilities | 2,074 | 425 | ||
| Total equity (deficit) | 8,070 | 1,632 | ||
| Total liabilities and stockholders' equity | $ 10,144 | $ 2,057 |
| X | ||||||||||
- Definition Amount of liability, recognized in statement of financial position, for pension, other postretirement and postemployment benefits, classified as noncurrent and amount of liabilities classified as other, due after one year or the normal operating cycle, if longer. No definition available.
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| 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
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| X | ||||||||||
- Definition Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current. 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
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| 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
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| 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
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| X | ||||||||||
- References No definition available.
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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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| X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences with jurisdictional netting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| 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
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| 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
|
| 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
|
| X | ||||||||||
- References No definition available.
|
| 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
|
| X | ||||||||||
- Definition Amount of long-term debt and lease obligation, classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of long-term debt and lease obligation, classified as current. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| 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 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
|
| 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 |
1 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Jul. 31, 2019 |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Condensed Supplemental Consolidated Statements of Cash Flows [Abstract] | ||||
| Cash flow from operating activities | $ 1,201 | $ 1,004 | $ 975 | |
| Cash Flow from Investing Activities [Abstract] | ||||
| Additions to property, plant and equipment | (399) | (336) | (269) | |
| Proceeds from sale of assets | 0 | 3 | 6 | |
| Divestiture of business | $ 326 | 326 | 0 | 0 |
| Acquisition of business | (6,079) | (702) | (515) | |
| Acquisition purchase price derivatives and other | (99) | 0 | 4 | |
| (Contributions) distributions to/from subsidiaries | 0 | 0 | 0 | |
| Intercompany advances (repayments) | 0 | 0 | 0 | |
| Net cash from investing activities | (6,251) | (1,035) | (774) | |
| Cash Flow from Financing Activities [Abstract] | ||||
| Proceeds from long-term borrowings | 6,784 | 498 | 495 | |
| Repayment of long-term borrowings | (1,214) | (335) | (636) | |
| Proceeds from issuance of common stock | 55 | 23 | 31 | |
| Repurchase of common stock | (74) | (33) | 0 | |
| Payment of tax receivable agreement | (38) | (37) | (111) | |
| Debt financing costs | (87) | (3) | (5) | |
| Changes in intercompany balances | 0 | 0 | 0 | |
| Contribution from Parent | 0 | 0 | 0 | |
| Net cash from financing activities | 5,426 | 113 | (226) | |
| Effect of currency translation on cash | (7) | (7) | 8 | |
| Net change in cash and cash equivalents | 369 | 75 | (17) | |
| Cash and cash equivalents at beginning of period | 381 | 306 | 323 | |
| Cash and cash equivalents at end of period | 750 | 381 | 306 | |
| 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 | ||
| Divestiture of business | 0 | |||
| Acquisition of business | 0 | 0 | 0 | |
| Acquisition purchase price derivatives and other | 0 | 0 | ||
| (Contributions) distributions to/from subsidiaries | 6,071 | 705 | 515 | |
| Intercompany advances (repayments) | (517) | (538) | (428) | |
| Net cash from investing activities | 5,554 | 167 | 87 | |
| 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 | 0 | ||
| Payment of tax receivable agreement | 0 | 0 | 0 | |
| Debt financing costs | 0 | 0 | 0 | |
| Changes in intercompany balances | 517 | 538 | 428 | |
| Contribution from Parent | (6,071) | (705) | (515) | |
| Net cash from financing activities | (5,554) | (167) | (87) | |
| 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 | ||
| Divestiture of business | 0 | |||
| Acquisition of business | 0 | 0 | 0 | |
| Acquisition purchase price derivatives and other | 0 | 0 | ||
| (Contributions) distributions to/from subsidiaries | 19 | 10 | (31) | |
| Intercompany advances (repayments) | 0 | 0 | 0 | |
| Net cash from investing activities | 19 | 10 | (31) | |
| 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 | 55 | 23 | 31 | |
| Repurchase of common stock | (74) | (33) | ||
| Payment of tax receivable agreement | (38) | (37) | (111) | |
| Debt financing costs | 0 | 0 | 0 | |
| Changes in intercompany balances | 38 | 37 | 111 | |
| Contribution from Parent | 0 | 0 | 0 | |
| Net cash from financing activities | (19) | (10) | 31 | |
| 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 | 89 | 133 | 128 | |
| Cash Flow from Investing Activities [Abstract] | ||||
| Additions to property, plant and equipment | 0 | (5) | (19) | |
| Proceeds from sale of assets | 0 | 1 | ||
| Divestiture of business | 0 | |||
| Acquisition of business | 0 | 0 | 0 | |
| Acquisition purchase price derivatives and other | (99) | 4 | ||
| (Contributions) distributions to/from subsidiaries | (6,090) | (715) | (484) | |
| Intercompany advances (repayments) | 517 | 538 | 428 | |
| Net cash from investing activities | (5,672) | (182) | (70) | |
| Cash Flow from Financing Activities [Abstract] | ||||
| Proceeds from long-term borrowings | 6,784 | 498 | 495 | |
| Repayment of long-term borrowings | (1,205) | (331) | (632) | |
| Proceeds from issuance of common stock | 0 | 0 | 0 | |
| Repurchase of common stock | 0 | 0 | ||
| Payment of tax receivable agreement | 0 | 0 | 0 | |
| Debt financing costs | (87) | (3) | (5) | |
| Changes in intercompany balances | 0 | 0 | 0 | |
| Contribution from Parent | 0 | 0 | 0 | |
| Net cash from financing activities | 5,492 | 164 | (142) | |
| Effect of currency translation on cash | 0 | 0 | 0 | |
| Net change in cash and cash equivalents | (91) | 115 | (84) | |
| Cash and cash equivalents at beginning of period | 133 | 18 | 102 | |
| Cash and cash equivalents at end of period | 42 | 133 | 18 | |
| Guarantor Subsidiaries [Member] | ||||
| Condensed Supplemental Consolidated Statements of Cash Flows [Abstract] | ||||
| Cash flow from operating activities | 693 | 651 | 647 | |
| Cash Flow from Investing Activities [Abstract] | ||||
| Additions to property, plant and equipment | (235) | (241) | (209) | |
| Proceeds from sale of assets | 3 | 5 | ||
| Divestiture of business | 0 | |||
| Acquisition of business | (8) | (632) | (515) | |
| Acquisition purchase price derivatives and other | 0 | 0 | ||
| (Contributions) distributions to/from subsidiaries | 0 | 0 | 0 | |
| Intercompany advances (repayments) | 0 | 0 | 0 | |
| Net cash from investing activities | (243) | (870) | (719) | |
| Cash Flow from Financing Activities [Abstract] | ||||
| Proceeds from long-term borrowings | 0 | 0 | 0 | |
| Repayment of long-term borrowings | (7) | (3) | (3) | |
| Proceeds from issuance of common stock | 0 | 0 | 0 | |
| Repurchase of common stock | 0 | 0 | ||
| Payment of tax receivable agreement | 0 | 0 | 0 | |
| Debt financing costs | 0 | 0 | 0 | |
| Changes in intercompany balances | (445) | (418) | (433) | |
| Contribution from Parent | 0 | 632 | 515 | |
| Net cash from financing activities | (452) | 211 | 79 | |
| Effect of currency translation on cash | 0 | 0 | 0 | |
| Net change in cash and cash equivalents | (2) | (8) | 7 | |
| Cash and cash equivalents at beginning of period | 4 | 12 | 5 | |
| Cash and cash equivalents at end of period | 2 | 4 | 12 | |
| Non-Guarantor Subsidiaries [Member] | ||||
| Condensed Supplemental Consolidated Statements of Cash Flows [Abstract] | ||||
| Cash flow from operating activities | 419 | 220 | 200 | |
| Cash Flow from Investing Activities [Abstract] | ||||
| Additions to property, plant and equipment | (164) | (90) | (41) | |
| Proceeds from sale of assets | 0 | 0 | ||
| Divestiture of business | 326 | |||
| Acquisition of business | (6,071) | (70) | 0 | |
| Acquisition purchase price derivatives and other | 0 | 0 | ||
| (Contributions) distributions to/from subsidiaries | 0 | 0 | 0 | |
| Intercompany advances (repayments) | 0 | 0 | 0 | |
| Net cash from investing activities | (5,909) | (160) | (41) | |
| Cash Flow from Financing Activities [Abstract] | ||||
| Proceeds from long-term borrowings | 0 | 0 | 0 | |
| Repayment of long-term borrowings | (2) | (1) | (1) | |
| Proceeds from issuance of common stock | 0 | 0 | 0 | |
| Repurchase of common stock | 0 | 0 | ||
| Payment of tax receivable agreement | 0 | 0 | 0 | |
| Debt financing costs | 0 | 0 | 0 | |
| Changes in intercompany balances | (110) | (157) | (106) | |
| Contribution from Parent | 6,071 | 73 | 0 | |
| Net cash from financing activities | 5,959 | (85) | (107) | |
| Effect of currency translation on cash | (7) | (7) | 8 | |
| Net change in cash and cash equivalents | 462 | (32) | 60 | |
| Cash and cash equivalents at beginning of period | 244 | 276 | 216 | |
| Cash and cash equivalents at end of period | $ 706 | $ 244 | $ 276 | |
| X | ||||||||||
- Definition Amount of cash inflow (outflow) from changes in intercompany balances. No definition available.
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| X | ||||||||||
- Definition Amount of cash (outflow) inflow for (contributions to) distributions from subsidiaries. No definition available.
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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 Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of increase (decrease) from effect of exchange rate changes on cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; held in foreign currencies. Excludes amounts for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, 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. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| 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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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- 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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| X | ||||||||||
- 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 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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| 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
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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 associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. 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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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 28, 2019 |
Jun. 29, 2019 |
Mar. 30, 2019 |
Dec. 29, 2018 |
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 28, 2019 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
| Quarterly Financial Data (Unaudited) [Abstract] | |||||||||||
| Net sales | $ 3,019 | $ 1,937 | $ 1,950 | $ 1,972 | $ 2,054 | $ 2,072 | $ 1,967 | $ 1,776 | $ 8,878 | $ 7,869 | $ 7,095 |
| Cost of goods sold | 2,511 | 1,551 | 1,578 | 1,619 | 1,705 | 1,690 | 1,596 | 1,447 | 7,259 | 6,438 | 5,691 |
| Gross profit | 508 | 386 | 372 | 353 | 349 | 382 | 371 | 329 | |||
| Net income | $ 229 | $ 13 | $ 74 | $ 88 | $ 133 | $ 110 | $ 90 | $ 163 | $ 404 | $ 496 | $ 340 |
| Net Income per Share [Abstract] | |||||||||||
| Basic (in dollars per share) | $ 1.74 | $ 0.10 | $ 0.57 | $ 0.67 | $ 1.01 | $ 0.83 | $ 0.69 | $ 1.24 | $ 3.08 | $ 3.77 | $ 2.66 |
| Diluted (in dollars per share) | $ 1.69 | $ 0.10 | $ 0.55 | $ 0.66 | $ 0.99 | $ 0.81 | $ 0.66 | $ 1.20 | $ 3.00 | $ 3.67 | $ 2.56 |
| 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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| 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
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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.
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| 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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