Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Mar. 28, 2026

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

The changes in AOCIL, net of tax, by component for the six months ended March 28, 2026 are as follows:


	Accumulated foreign currency translation		Accumulated retirement liability		Accumulated gain (loss) on derivatives		Total
AOCIL at September 27, 2025	$	(74,614)	$	(83,312)	$	207	$	(157,719)
OCI before reclassifications	(6,362)		29		(703)		(7,036)
Amounts reclassified from AOCIL	—		3,416		(8)		3,408
OCI, net of tax	(6,362)		3,445		(711)		(3,628)
AOCIL at March 28, 2026	$	(80,976)	$	(79,867)	$	(504)	$	(161,347)

Net gains and losses on net investment hedges are recorded in Accumulated foreign currency translation to the extent that the instruments are effective in hedging the designated risk.

The amounts reclassified from AOCIL into earnings are as follows:


		Three Months Ended				Six Months Ended
	Statements of Earnings location	March 28, 2026		March 29, 2025		March 28, 2026		March 29, 2025
Retirement liability:
Prior service cost		$	15	$	15	$	30	$	29

Actuarial losses		2,214		2,816		4,424		5,634


Reclassification from AOCIL into earnings		2,229		2,831		4,454		5,663
Tax effect		(519)		(655)		(1,038)		(1,308)
Net reclassification from AOCIL into earnings		$	1,710	$	2,176	$	3,416	$	4,355
Derivatives:

Foreign currency contracts	Cost of sales	$	(29)	$	(51)	$	(11)	$	(30)

Reclassification from AOCIL into earnings		(29)		(51)		(11)		(30)
Tax effect		7		12		3		7
Net reclassification from AOCIL into earnings		$	(22)	$	(39)	$	(8)	$	(23)
Foreign currency translation:
Business dispositions	Other	$	—	$	(10)	$	—	$	11,002
Reclassification from AOCIL into earnings		—		(10)		—		11,002
Tax effect		—		—		—		—
Net reclassification from AOCIL into earnings		$	—	$	(10)	$	—	$	11,002

Reclassification from AOCIL into earnings for the Retirement liability is included in the computation of non-service pension expense, which is included in Other on the Consolidated Statements of Earnings.

The effective portion of amounts deferred in AOCIL are as follows:


	Three Months Ended				Six Months Ended
	March 28, 2026		March 29, 2025		March 28, 2026		March 29, 2025
Foreign currency contracts	$	(484)	$	576	$	(920)	$	897

Net gain (loss)	(484)		576		(920)		897
Tax effect	114		(137)		217		(212)
Net deferral in AOCIL of derivatives	$	(370)	$	439	$	(703)	$	685