v3.24.0.1
Restructuring and Transaction Activities
 3 Months Ended
Dec. 30, 2023
Restructuring and Transaction Activities [Abstract]  
Restructuring and Transaction Activities
3.  Restructuring and Transaction Activities

In fiscal 2023, the Company initiated cost savings initiatives including plant rationalization in all four segments as part of the 2023 restructuring plan.  The Company expects total cash and non-cash expense of the plan to be approximately $200 million, with the operations savings intended to counter general economic softness.  All initiatives are expected to be fully implemented by the end of fiscal 2025.

The table below includes the significant components of the restructuring and transaction activities, by reporting segment:

   
Quarterly Period Ended
    
Restructuring Plan
  
   
December 30, 2023
    
December 31, 2022
    
Life to Date
  
Consumer Packaging International
  
$
3
    
$
3
    
$
53
  
Consumer Packaging North America
    
4
      
1
      
27
  
Health, Hygiene & Specialties
    
13
      
3
      
35
  
Flexibles
    
2
      
5
      
9
  
Consolidated
  
$
22
    
$
12
    
$
124
  


The table below sets forth the activity with respect to the restructuring and transaction activities accrual at December 30, 2023:

 
Restructuring
              
   
Employee Severance
and Benefits
    
Facility
Exit Costs
    
Transaction
Activities
    
Total
  
Balance at September 30, 2023
  
$
10
    
$
1
    
$
—
    
$
11
  
Charges
    
9
      
4
      
9
      
22
  
Cash payments
    
(6
)
    
(5
)
    
(9
)
    
(20
)
Balance at December 30, 2023
  
$
13
    
$
—
    
$
—
    
$
13