v3.24.2.u1
Derivative Instruments (Tables)
 9 Months Ended
Jun. 28, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The following table summarizes the effect of the Company's derivatives designated as cash flow hedging instruments on Other comprehensive income (loss) (in thousands):
Three Months EndedNine Months Ended
June 28, 2024June 30, 2023June 28, 2024June 30, 2023
Interest rate swap agreements$10,820 $40,370 $10,705 $26,039 
Schedule of Derivative Instruments, Balance Sheet Presentation
The following table summarizes the location and fair value, using Level 2 inputs (see Note 14 for a description of the fair value levels), of the Company's derivatives designated as hedging instruments on the Condensed Consolidated Balance Sheets (in thousands):
Balance Sheet LocationJune 28, 2024September 29, 2023
ASSETS
Interest rate swap agreementsPrepayments and other current assets$16,985 $— 
Interest rate swap agreementsOther Assets84,090 147,458 
Schedule Summarizes the Location of (Gain) Loss Reclassified from AOCI Into Earnings for Derivatives Designated as Hedging Instruments and the Location of (Gain) Loss
The following table summarizes the location of the gain reclassified from "Accumulated other comprehensive loss" into earnings for derivatives designated as hedging instruments on the Condensed Consolidated Statements of Income (in thousands):
Three Months EndedNine Months Ended
Income Statement Location
June 28, 2024June 30, 2023June 28, 2024June 30, 2023
Interest rate swap agreementsInterest Expense, net$(19,124)$(16,545)$(57,089)$(40,775)