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Discontinued Operations (Tables)
12 Months Ended
Sep. 25, 2015
Discontinued Operations.  
Schedule of components of income from discontinued operations, net of income taxes and assets and liabilities held for sale

                                                                                                                                                                                    

 

 

Fiscal

 

 

 

2015

 

2014

 

2013

 

 

 

(in millions)

 

Net sales from discontinued operations

 

$

1,595

 

$

1,939

 

$

1,890

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Pre-tax income from discontinued operations

 


$

118

 


$

224

 


$

167

 

Pre-tax gain (loss) on sale of discontinued operations

 

 

1,105

 

 

 

 

(4

)

Income tax expense

 

 

(41

)

 

(57

)

 

(41

)

​  

​  

​  

​  

​  

​  

Income from discontinued operations, net of income taxes

 

$

1,182

 

$

167

 

$

122

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

        The following table presents balance sheet information for assets and liabilities held for sale fiscal year end 2014; there were no such balances at fiscal year end 2015:

                                                                                                                                                                                    

 

 

Fiscal Year End
2014

 

 

 

(in millions)

 

Accounts receivable, net

 

$

382 

 

Inventories

 

 

236 

 

Property, plant, and equipment, net

 

 

206 

 

Goodwill

 

 

869 

 

Intangible assets, net

 

 

242 

 

Other assets

 

 

78 

 

​  

​  

Total assets

 

$

2,013 

 

​  

​  

​  

​  

Current maturities of long-term debt

 

$

90 

 

Accounts payable

 

 

161 

 

Other liabilities

 

 

165 

 

​  

​  

Total liabilities

 

$

416 

 

​  

​  

​  

​