Note 3 Balance Sheet and Income Statement Details

12 Months Ended

Oct. 02, 2021

Balance Sheet and Income Statement Details [Abstract]

Additional Financial Information Disclosure [Text Block]

Balance Sheet and Income Statement Details

Property, Plant and Equipment, net

Property, plant and equipment consisted of the following: 

	As of
	October 2, 2021		October 3, 2020
	(In thousands)
Machinery and equipment	$	1,491,156	$	1,479,768
Land and buildings	645,639		657,716
Leasehold improvements	44,899		44,786
Furniture and fixtures	25,394		24,501
Construction in progress	40,524		3,750
	2,247,612		2,210,521
Less: Accumulated depreciation and amortization	(1,714,627)		(1,651,279)
Property, plant and equipment, net	$	532,985	$	559,242

Depreciation expense was $109 million, $113 million and $115 million for 2021, 2020 and 2019, respectively. 

Other Income (Expense), net

Other income (expense), net was primarily composed of the following in 2021:

The Company sold certain intellectual property assets for $15 million, of which $8 million was received in cash and $7 million is due in two remaining installments, the last of which is due August 31, 2022.

A foreign entity of the Company was substantially liquidated and the Company reclassified $8 million of cumulative translation adjustments associated with this entity from accumulated other comprehensive income to other income (expense), net in the consolidated statements of income. There were no other significant reclassifications from accumulated other comprehensive income to the consolidated statements of income for any period presented.

The Company received $16 million in connection with settlements of certain anti-trust class action matters.