Acquisition (Tables)

6 Months Ended

Mar. 29, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the purchase price allocation, which is preliminary and subject to change within one year of the Closing Date:

Fair value of GLT common stock concurrent with closing	$	74
Identifiable assets acquired and liabilities assumed
Cash	37
Working capital(a)	247
Property, plant and equipment	637
Identifiable intangible assets	51
Other assets	74
Other long-term liabilities	(132)
Debt	(869)
Goodwill	29
Total consideration	$	74

(a) Includes a $12 million step up of inventory to fair value