Equity (Tables)

3 Months Ended

Dec. 30, 2023

Changes in Accumulated Other Comprehensive Income (Loss)

The following tables summarize the changes in each component of accumulated other comprehensive income (loss) (AOCI) including our proportional share of equity method investee amounts:


	Market Value Adjustments for Hedges		Unrecognized Pension and Postretirement Medical Expense		Foreign Currency Translation and Other		AOCI

AOCI, before tax
First quarter of fiscal 2024
Balance at September 30, 2023	$	259	$	(2,172)	$	(1,974)	$	(3,887)
Quarter Ended December 30, 2023:
Unrealized gains (losses) arising during the period	(277)		(3)		137		(143)
Reclassifications of realized net (gains) losses to net income	(140)		(24)		—		(164)
Balance at December 30, 2023	$	(158)	$	(2,199)	$	(1,837)	$	(4,194)

First quarter of fiscal 2023
Balance at October 1, 2022	$	804	$	(3,770)	$	(2,014)	$	(4,980)
Quarter Ended December 31, 2022:
Unrealized gains (losses) arising during the period	(475)		—		146		(329)
Reclassifications of realized net (gains) losses to net income	(218)		1		42		(175)

Balance at December 31, 2022	$	111	$	(3,769)	$	(1,826)	$	(5,484)


	Market Value Adjustments for Hedges		Unrecognized Pension and Postretirement Medical Expense		Foreign Currency Translation and Other		AOCI

Tax on AOCI
First quarter of fiscal 2024
Balance at September 30, 2023	$	(64)	$	517	$	142	$	595
Quarter Ended December 30, 2023:
Unrealized gains (losses) arising during the period	66		—		(7)		59
Reclassifications of realized net (gains) losses to net income	32		6		—		38
Balance at December 30, 2023	$	34	$	523	$	135	$	692

First quarter of fiscal 2023
Balance at October 1, 2022	$	(179)	$	901	$	139	$	861
Quarter Ended December 31, 2022:
Unrealized gains (losses) arising during the period	100		—		8		108
Reclassifications of realized net (gains) losses to net income	51		—		(14)		37

Balance at December 31, 2022	$	(28)	$	901	$	133	$	1,006


	Market Value Adjustments for Hedges		Unrecognized Pension and Postretirement Medical Expense		Foreign Currency Translation and Other		AOCI

AOCI, after tax
First quarter of fiscal 2024
Balance at September 30, 2023	$	195	$	(1,655)	$	(1,832)	$	(3,292)
Quarter Ended December 30, 2023:
Unrealized gains (losses) arising during the period	(211)		(3)		130		(84)
Reclassifications of realized net (gains) losses to net income	(108)		(18)		—		(126)
Balance at December 30, 2023	$	(124)	$	(1,676)	$	(1,702)	$	(3,502)

First quarter of fiscal 2023
Balance at October 1, 2022	$	625	$	(2,869)	$	(1,875)	$	(4,119)
Quarter Ended December 31, 2022:
Unrealized gains (losses) arising during the period	(375)		—		154		(221)
Reclassifications of realized net (gains) losses to net income	(167)		1		28		(138)

Balance at December 31, 2022	$	83	$	(2,868)	$	(1,693)	$	(4,478)

Details about AOCI Components Reclassified to Net Income

Details about AOCI components reclassified to net income are as follows:


Gain (loss) in net income:	Affected line item in the Condensed Consolidated Statements of Operations:	Quarter Ended
		December 30, 2023		December 31, 2022
Market value adjustments, primarily cash flow hedges	Primarily revenue	$	140	$	218
Estimated tax	Income taxes	(32)		(51)
		108		167


Pension and postretirement medical expense	Interest expense, net	24		(1)
Estimated tax	Income taxes	(6)		—
		18		(1)

Foreign currency translation and other	Restructuring and impairment charges	—		(42)
Estimated tax	Income taxes	—		14
		—		(28)

Total reclassifications for the period		$	126	$	138