XML 24 R12.htm IDEA: XBRL DOCUMENT v3.24.0.1
INVENTORIES
3 Months Ended
Dec. 30, 2023
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories are stated at the lower of cost or net realizable value. Cost of inventories is generally determined by the average cost and the first–in, first–out (“FIFO”) methods and includes material, labor and overhead related to the manufacturing process.
Inventories consist of the following (in millions):
December 30, 2023September 30, 2023
Raw materials and purchased component parts$1,208 $1,144 
Work-in-progress480 455 
Finished goods235 226 
Total1,923 1,825 
Reserves for excess and obsolete inventory(215)(209)
Inventories—Net$1,708 $1,616