Contract Balances (Tables)

12 Months Ended

Oct. 03, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Contract Balances

Changes in estimated contract earnings at completion using the cumulative catch-up method of accounting were recognized in revenues as follows:

	For the years ended
(Amounts in millions)	October 3, 2025		September 27, 2024		September 29, 2023
Favorable earnings at completion adjustments	$	126	$	83	$	88
Unfavorable earnings at completion adjustments	(67)		(38)		(46)
Net favorable adjustments	$	59	$	45	$	42
Impact on diluted earnings (loss) per share attributable to common shareholders (1)	$	0.19	$	0.40	$	0.37

(1)    The impact on diluted earnings (loss) per share attributable to common shareholders is calculated using our statutory rate.

The Company's contract balances consisted of the following (in millions):

		As of
Description of Contract Related Balance	Classification	October 3, 2025		September 27, 2024
Billed and billable receivables	Accounts receivable, net	$	1,514	$	1,378
Contract assets	Accounts receivable, net	902		986
Related party receivables	Accounts receivable, net	63		37
Long-term contract assets	Other long-term assets	90		138
Related party contract liabilities - deferred revenues and other contract liabilities	Contract liabilities	(15)		—
Contract liabilities - deferred revenues and other contract liabilities	Contract liabilities	(212)		(113)