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Leases
12 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leases Leases
The Company has long-term leases for facilities and equipment. In the normal course of business, leases are generally renewed or replaced by other leases. Certain leases include escalation clauses.
The following illustrates the components of lease cost for the periods presented:
Fiscal Year Ended September 30,
(in thousands)202520242023
Operating lease cost$303,822 $245,415 $234,567 
Short-term lease cost9,571 18,459 9,799 
Variable lease cost37,573 35,539 25,598 
Total lease cost$350,966 $299,413 $269,964 
The following summarizes balance sheet information related to operating leases:
September 30,
(in thousands, except for lease term and discount rate)20252024
Right of use assets
Other assets$1,548,478 $1,141,622 
Lease liabilities
Accrued expenses and other$253,770 $204,767 
Other long-term liabilities1,416,633 1,029,978 
Total lease liabilities$1,670,403 $1,234,745 
Weighted-average remaining lease term7.55 years7.34 years
Weighted-average discount rate4.63%4.18%
Other cash flow information related to operating leases is as follows:
Fiscal Year Ended September 30,
(in thousands)202520242023
Cash paid for amounts included in the measurement of lease liabilities
Operating lease cash payments$294,430 $247,862 $229,203 
Right-of-use assets obtained in exchange for lease liabilities
New operating leases$655,991 $305,882 $271,096 
Future minimum rental payments under noncancellable operating leases were as follows:
Payments Due by Fiscal Year (in thousands)
As of
September 30, 2025
2026$319,915 
2027295,076 
2028269,676 
2029237,780 
2030190,742 
Thereafter668,804 
Total future undiscounted lease payments1,981,993 
Less: Future payments for leases that have not yet commenced 1
(13,071)
Less: Imputed interest(298,519)
Total lease liabilities$1,670,403 
1 The Company has certain leases that it has executed of which it does not control the underlying assets; therefore, liabilities and ROU assets related to these leases were not recorded on the Company’s Consolidated Balance Sheet as of September 30, 2025.