Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities

9 Months Ended

Jul. 02, 2016

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities [Abstract]

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities

6. Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities

The following table sets forth the totals included in Accrued expenses and other current liabilities on the Consolidated Balance Sheets:

		July 2,		September 26,
		2016		2015
Employee compensation, payroll and other	$	136	$	95
Interest		41		38
Rebates		53		53
Restructuring		22		10
Accrued taxes		53		20
Tax receivable agreement obligation		76		57
Accrued operating expenses		85		65
	$	466	$	338

The following table sets forth the totals included in Other long-term liabilities on the Consolidated Balance Sheets:

		July 2,		September 26,
		2016		2015
Lease retirement obligation	$	34	$	32
Sale-lease back deferred gain		26		28
Pension liability		76		57
Deferred purchase price		40		—
Tax receivable agreement obligation		99		175
Interest rate swaps		56		36
Other		44		13
	$	375	$	341

The Company made $57 million of payments related to the income tax receivable agreement ("TRA") in the January 2, 2016 quarter, of which Apollo Global Management, LLC received $46 million. The TRA provides for an annual payment to TRA holders at 85% of the amount of cash savings, if any, in U.S. federal, foreign, state and local income tax that are actually realized as a result of the utilization of our net operating losses attributable to periods prior to the initial public offering.