Note 11 Restructuring

12 Months Ended

Oct. 02, 2021

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring

Restructuring costs were $15 million, $27 million, and $14 million in 2021, 2020, and 2019, respectively.

The following table is a summary of restructuring costs:

	Year Ended
	October 2, 2021		October 3, 2020		September 28, 2019
	(In thousands)
Severance costs	$	9,405	$	17,919	$	—
Other exit costs (recognized as incurred)	1,834		71		—
Total - Q1 FY20 Plan	11,239		17,990		—
Costs incurred for other plans	3,818		8,793		13,753
Total - all plans	$	15,057	$	26,783	$	13,753

Q1 FY20 Plan

On October 28, 2019, the Company adopted a Company-wide restructuring plan ("Q1 FY20 Plan") under which the Company has incurred restructuring costs of approximately $29 million as of October 2, 2021. These costs consist primarily of severance, the majority of which had been paid as of the end of fiscal 2021. Remaining cash payments are expected to occur through the end of fiscal 2022. Actions under this plan are substantially complete.

Other plans

Other plans include a number of plans for which costs are not expected to be material individually or in the aggregate.

All Plans

The Company’s Integrated Manufacturing Solutions ("IMS") segment incurred costs of $9 million and $13 million for the years ended October 2, 2021 and October 3, 2020, respectively. The Company’s CPS segment incurred costs of $5 million and $9 million for the years ended October 2, 2021 and October 3, 2020, respectively. In addition, the Company incurred costs of $1 million and $5 million for the years ended October 2, 2021 and October 3, 2020, respectively, for Corporate headcount reductions that were not allocated to the Company's IMS and CPS segments. The Company had accrued liabilities of $6 million and $9 million as of October 2, 2021 and October 3, 2020, respectively, for restructuring costs (exclusive of long-term environmental remediation liabilities).

The Company expects to incur restructuring costs in future periods primarily for vacant facilities and former sites for which the Company is or may be responsible for environmental remediation.