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Segment Information (Tables)
12 Months Ended
Sep. 27, 2024
Segment Reporting [Abstract]  
Schedule of Total Revenues, Segment Operating Profit and Total Asset for Reporting Segment
The following tables present total revenues and segment operating profit from continuing operations for each reportable segment (in thousands) and includes a reconciliation of segment operating profit to total U.S. GAAP operating profit by including Restructuring and other charges (as defined in Note 17-Restructuring and Other Charges) and
transaction and integration costs (in thousands).
For the Years Ended
September 27, 2024September 29, 2023September 30, 2022
Revenues from External Customers:
Infrastructure & Advanced Facilities$10,323,255 $9,693,276 $8,663,778 
PA Consulting1,177,686 1,158,144 1,119,296 
              Total$11,500,941 $10,851,420 $9,783,074 
For the Years Ended
September 27, 2024September 29, 2023September 30, 2022
Segment Operating Profit:
Infrastructure & Advanced Facilities (1)$632,276 $585,392 $500,136 
PA Consulting239,250 237,003 232,225 
Total Segment Operating Profit871,526 822,395 732,361 
Restructuring, Transaction and Other Charges (2)(179,090)(145,911)(192,477)
Total U.S. GAAP Operating Profit692,436 676,484 539,884 
Total Other (Expense) Income, net (3)84,850 (155,509)(62,387)
Earnings from Continuing Operations Before Taxes$777,286 $520,975 $477,497 

(1)
Operating profit for Infrastructure & Advanced Facilities includes intangibles amortization of $152.7 million, $147.2 million and $149.8 million for the years ended September 27, 2024, September 29, 2023 and September 30, 2022, respectively. Additionally, fiscal 2023 included approximately $15.0 million in net favorable impacts from cost reductions compared to the prior year period, which was associated mainly with net favorable impacts during first quarter from changes in employee benefit programs of $41.0 million offset by approximately $26.0 million in higher spend in company technology platforms and other personnel and corporate cost increases.
(2)
The years ended September 27, 2024, and September 29, 2023 include $163.4 million and $61.1 million respectively, in restructuring and other charges (mainly professional services and employee separation costs) primarily related to the Separation Transaction and $6.4 million and $14.3 million respectively, in restructuring and other charges relating to the Company's investment in PA Consulting (primarily employee separation costs). Included in the years ended September 29, 2023 and September 30, 2022 were $46.7 million and $76.1 million, respectively, in charges associated mainly with real estate impairments. Included in the year ended September 30, 2022 is $91.3 million pre-tax related to the final settlement of the Legacy CH2M Matter and net of previously recorded reserves and approximately $27 million in third party recoveries that was recorded as receivables reducing SG&A.
(3)
The year ended September 27, 2024 included $186.9 million in mark-to-market gains associated with our investment in Amentum stock in connection with the Separation Transaction and a $35.2 million realized gain on interest rate swaps settled during the fourth quarter of fiscal 2024. The year ended September 30, 2022 included a gain of $8.7 million related to lease terminations. The increase in net interest expense from fiscal 2022 to fiscal 2023 is due primarily to higher interest rates.