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Employee Benefit Plans (Tables)
12 Months Ended
Oct. 01, 2022
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]  
Schedule of Defined Contribution Plan Expense Expense for all defined contribution plans consists of:
202220212020
U.S. defined contribution plans$43,550 $36,131 $27,698 
Non-U.S. defined contribution plans8,157 8,890 5,965 
Total expense for defined contribution plans$51,707 $45,021 $33,663 
Schedule Of Changes In Projected Benefit Obligations And Plan Assets And Funded Status
The changes in projected benefit obligations and plan assets and the funded status of the U.S. and non-U.S. defined benefit plans are as follows:
  
U.S. PlansNon-U.S. Plans
  
2022202120222021
Change in projected benefit obligation:
Projected benefit obligation at prior year measurement date$704,989 $688,689 $205,093 $264,419 
Service cost19,827 22,488 4,248 5,290 
Interest cost18,246 17,103 2,413 2,277 
Contributions by plan participants — 184 380 
Actuarial (gains) losses(198,538)(13,815)(48,255)2,224 
Foreign currency exchange impact — (28,435)68 
Benefits paid(12,845)(8,298)(5,136)(5,271)
Curtailments —  (5,690)
Settlements — (2,312)(58,604)
Other(733)(1,178)(61)— 
Projected benefit obligation at measurement date$530,946 $704,989 $127,739 $205,093 
Change in plan assets:
Fair value of assets at prior year measurement date$640,513 $615,872 $127,766 $170,765 
Actual return on plan assets(186,536)28,718 (17,686)11,552 
Employer contributions5,324 5,399 8,210 8,119 
Contributions by plan participants — 184 380 
Benefits paid(12,845)(8,298)(5,136)(5,271)
Settlements — (2,312)(58,604)
Foreign currency exchange impact — (19,971)825 
Other(733)(1,178)(61)— 
Fair value of assets at measurement date$445,723 $640,513 $90,994 $127,766 
Funded status and amount recognized in assets and liabilities$(85,223)$(64,476)$(36,745)$(77,327)
Amount recognized in assets and liabilities:
Long-term assets$ $40,873 $10,672 $9,266 
Current and long-term pension liabilities(85,223)(105,349)(47,417)(86,593)
Amount recognized in assets and liabilities$(85,223)$(64,476)$(36,745)$(77,327)
Amount recognized in AOCIL, before taxes:
Prior service cost (credit)$ $— $724 $940 
Actuarial losses160,659 158,445 13,209 49,196 
Amount recognized in AOCIL, before taxes$160,659 $158,445 $13,933 $50,136 
Schedule of Accumulated Benefit Obligations in Excess of Plan Assets The following table provides aggregate information for the pension plans, which have accumulated benefit obligations in excess of plan assets:
October 1, 2022October 2, 2021
Accumulated benefit obligation$130,315 $223,933 
Fair value of plan assets11,231 48,884 
Schedule of Projected Benefit Obligations in Excess of Plan Assets
The following table provides aggregate information for the pension plans, which have projected benefit obligations in excess of plan assets:
October 1, 2022October 2, 2021
Projected benefit obligation$615,339 $256,084 
Fair value of plan assets482,700 64,143 
Schedule Of Weighted-Average Assumptions Used To Determine Net Periodic Benefit Cost And Benefit Obligations Weighted-average assumptions used to determine net periodic benefit cost and weighted-average assumptions used to determine benefit obligations as of the measurement dates are as follows:
  
U.S. PlansNon-U.S. Plans
  
202220212020202220212020
Assumptions for net periodic benefit cost:
Service cost discount rate3.3 %3.1 %3.5 %2.0 %1.5 %1.6 %
Interest cost discount rate2.7 %2.6 %2.9 %1.7 %1.2 %1.3 %
Return on assets5.0 %5.0 %4.5 %2.9 %3.2 %2.7 %
Rate of compensation increase3.5 %3.3 %2.9 %3.0 %2.6 %2.1 %
Assumptions for benefit obligations:
Discount rate5.5 %3.2 %3.0 %4.4 %1.8 %1.4 %
Rate of compensation increase3.8 %3.5 %3.3 %3.1 %2.8 %2.2 %
Schedule of Weighted Average Asset Allocations by Asset Category The weighted average asset allocations by asset category for the pension plans as of October 1, 2022 and October 2, 2021 are as follows:
  
U.S. PlansNon-U.S. Plans
  
Target2022
Actual
2021
Actual
Target2022
Actual
2021
Actual
Asset category:
Equity30%-40%30%35%20%-40%26%32%
Fixed Income60%-70%70%65%50%-70%65%63%
Other—%—%—%5%-15%9%5%
Schedule Of Consolidated Plan Assets Using the Fair Value Hierarchy
The following tables present the consolidated plan assets using the fair value hierarchy, which is described in Note 12 - Fair Value, as of October 1, 2022 and October 2, 2021.
U.S. Plans, October 1, 2022
Level 1
Level 2
Level 3
Total
Investments at fair value:
Shares of registered investment companies:
Equity funds$116,598 $— $— $116,598 
Fixed income funds180,291 — — 180,291 
Money market funds— 7,144 — 7,144 
Cash and cash equivalents— 5,790 — 5,790 
Total investments in fair value hierarchy296,889 12,934 — 309,823 
Investments measured at NAV practical expedient (1)135,900 
Total investments at fair value$296,889 $12,934 $ $445,723 
Non-U.S. Plans, October 1, 2022Level 1Level 2Level 3Total
Investments at fair value:
Mutual funds:
Equity funds$— $5,091 $— $5,091 
Fixed income funds— 6,020 — 6,020 
Equity securities5,739 — — 5,739 
Fixed income securities— 18,515 — 18,515 
Collective investment trusts— 17,229 — 17,229 
Unit linked life insurance funds— 35,089 — 35,089 
Money market funds— 840 — 840 
Cash and cash equivalents465 — — 465 
Insurance contracts and other— — 2,006 2,006 
Total investments at fair value$6,204 $82,784 $2,006 $90,994 
U.S. Plans, October 2, 2021Level 1Level 2Level 3Total
Investments at fair value:
Shares of registered investment companies:
Equity funds$200,929 $— $— $200,929 
Fixed income funds261,945 — — 261,945 
Money market funds— 17,905 — 17,905 
Cash and cash equivalents— 7,370 — 7,370 
Total investments in fair value hierarchy
462,874 25,275 — 488,149 
Investments measured at NAV practical expedient (1)152,364 
Total investments at fair value$462,874 $25,275 $— $640,513 
Non-U.S. Plans, October 2, 2021Level 1Level 2Level 3Total
Investments at fair value:
Mutual funds:
Equity funds$— $6,971 $— $6,971 
Fixed income funds— 8,152 — 8,152 
Equity securities9,843 — — 9,843 
Fixed income securities— 18,594 — 18,594 
Collective investment trusts— 21,681 — 21,681 
Unit linked life insurance funds— 58,643 — 58,643 
Money market funds— 542 — 542 
Cash and cash equivalents349 — — 349 
Insurance contracts and other
— — 2,991 2,991 
Total investments at fair value$10,192 $114,583 $2,991 $127,766 
Schedule Of Roll-Forward Of The Consolidated Plan Assets Classified As Level 3 Within The Fair Value Hierarchy The following is a roll forward of the consolidated plan assets classified as Level 3 within the fair value hierarchy:
  
  
Non-U.S. Plans
Balance at October 3, 2020$56,461 
Return on assets2,882 
Purchases from contributions to Plans1,914 
Settlements paid in cash(59,180)
Foreign currency translation
914 
Balance at October 2, 20212,991 
Return on assets36 
Purchases from contributions to Plans1,430 
Settlements paid in cash(1,801)
Foreign currency translation(650)
Balance at October 1, 2022$2,006 
Schedule Of Fair Value, Investments, Entities that Calculate Net Asset Value Per Share The following table summarizes investments measured at fair value based on NAV per share as of October 1, 2022:
Fair Value
October 1, 2022October 2, 2021Unfunded CommitmentsRedemption FrequencyRedemption Notice Period
Collective investment trusts$119,470 $128,941 $ Daily5 days
Limited partnerships (1)16,430 23,423 4,444 Varies10-45 days
Total$135,900 $152,364 $4,444 
Schedule Of Pension Expense Expense for all defined benefit plans is as follows:
  
U.S. PlansNon-U.S. Plans
202220212020202220212020
Service cost$19,827 $22,488 $23,033 $4,248 $5,290 $6,771 
Interest cost18,246 17,103 30,597 2,413 2,277 2,785 
Expected return on plan assets(29,803)(30,543)(44,084)(3,401)(4,102)(4,577)
Amortization of prior service cost — 133 58 45 (3)
Amortization of actuarial loss15,586 13,721 25,316 3,877 5,568 4,943 
Curtailment gain — —  (5,830)100 
Settlement (gain) loss — 121,324 280 (44)676 
Total expense for defined benefit plans
$23,856 $22,769 $156,319 $7,475 $3,204 $10,695 
Schedule Of Benefits Expected To Be Paid To The Participants Of The Plans Benefits expected to be paid to the participants of the plans are:
 
U.S. Plans
Non-U.S. Plans
2023$16,407 $7,173 
202420,225 5,888 
202523,757 6,408 
202627,184 7,371 
202730,192 6,678 
Five years thereafter195,782 38,300 
Schedule Of Changes In The Accumulated Benefit Obligation Of Unfunded Plan The changes in the accumulated benefit obligation of this unfunded plan for 2022 and 2021 are shown in the following table:
October 1, 2022October 2, 2021
Change in Accumulated Postretirement Benefit Obligation (APBO):
APBO at prior year measurement date$6,281 $9,274 
Service cost33 52 
Interest cost90 124 
Contributions by plan participants559 553 
Benefits paid(478)(464)
Actuarial (gains) losses(2,811)(3,258)
APBO at measurement date$3,674 $6,281 
Funded status$(3,674)$(6,281)
Accrued postretirement benefit liability$3,674 $6,281 
Amount recognized in AOCIL, before taxes:
Actuarial gains7,579 6,042 
Amount recognized in AOCIL, before taxes$7,579 $6,042 
Schedule Of Cost Of The Postretirement Benefit Plan The cost of the postretirement benefit plan is as follows:
202220212020
Service cost$33 $52 $55 
Interest cost90 124 211 
Amortization of prior service credit — (259)
Amortization of actuarial gain(1,274)(513)(607)
Net periodic postretirement benefit income$(1,151)$(337)$(600)