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Consolidated and Combined Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Mar. 29, 2025
Mar. 30, 2024
Income Statement [Abstract]        
Net sales $ 824 $ 558 $ 1,526 $ 1,077
Costs and expenses:        
Cost of goods sold 736 488 1,367 965
Selling, general and administrative 47 28 91 56
Amortization of intangibles 14 12 28 24
Transaction and other activities 23 4 55 14
Corporate expense allocation 0 5 3 9
Operating income (loss) 4 21 (18) 9
Other expense (income), net 5 1 26 (1)
Interest expense 39 2 65 2
Income (loss) before income taxes (40) 18 (109) 8
Income tax benefit 1 4 (8) 2
Net income (loss) $ (41) $ 14 $ (101) $ 6
Net income (loss) per share:        
Basic (in dollars per share) $ (1.15) $ 0.44 $ (2.85) $ 0.19
Diluted (in dollars per share) $ (1.15) $ 0.44 $ (2.85) $ 0.19