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Related Party Transactions
12 Months Ended
Oct. 03, 2020
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
John Scannell, Moog's Chairman of the Board of Director and Chief Executive Officer, is a member of the Board of Directors of M&T Bank Corporation and M&T Bank. We currently engage with M&T Bank in the ordinary course of business for various financing activities, all of which were initiated prior to the election of Mr. Scannell to the Board. M&T Bank provides credit extension for routine purchases, which totaled $16,153, $20,612 and $20,536 for 2020, 2019 and 2018, respectively. At October 3, 2020, we held outstanding leases with a total original cost of $25,882. M&T Bank also maintains an interest of approximately 12% in our U.S. revolving credit facility. Further details of the U.S. revolving credit facility can be found in Note 9, Indebtedness. Wilmington Trust, a subsidiary of M&T Bank, is the trustee of the pension assets for our qualified U.S. defined benefit pension plan.