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Other Financial Information
12 Months Ended
Sep. 27, 2024
Other Financial Information [Abstract]  
Other Financial Information Other Financial Information
Receivables and contract assets
The following table presents the components of receivables and contract assets appearing in the accompanying Consolidated Balance Sheets at September 27, 2024 and September 29, 2023 as well as certain other related information (in thousands):
 September 27, 2024September 29, 2023
Components of receivables and contract assets:
Amounts billed, net$1,278,980 $1,128,955 
Unbilled receivables and other1,132,980 990,905 
Contract assets433,492 311,081 
Total receivables and contract assets, net$2,845,452 $2,430,941 
Property, Equipment and Improvements, Net
The following table presents the components of our property, equipment and improvements, net at September 27, 2024 and September 29, 2023 (in thousands):
 September 27, 2024September 29, 2023
Land$69 $112 
Buildings45,747 41,569 
Equipment702,680 593,458 
Leasehold improvements165,043 152,541 
Construction in progress7,183 12,321 
 920,722 800,001 
Accumulated depreciation and amortization(605,092)(520,252)
 $315,630 $279,749 
The following table presents our property, equipment and improvements, net by geographic area for the years ended September 27, 2024 and September 29, 2023 (in thousands):
September 27, 2024September 29, 2023
Property, equipment and improvements, net:
     United States$132,780 $145,828 
     Europe133,050 89,865 
     Canada5,389 4,812 
     Asia4,016 3,358 
     India10,127 12,583 
     Australia and New Zealand22,550 14,802 
     Middle East and Africa7,718 8,501 
Total$315,630 $279,749 
See discussion in Note 10- Leases, regarding impairments recorded in the year ended September 29, 2023 relating to the Company's real estate lease portfolio and related property, equipment and improvements, net. 
Accrued Liabilities
The following table presents the components of accrued liabilities shown in the accompanying Consolidated Balance Sheets at September 27, 2024 and September 29, 2023 (in thousands):
 September 27, 2024September 29, 2023
Accrued payroll and related liabilities$634,931 $613,598 
Insurance liabilities54,592 63,498 
Income, sales and other tax accruals134,990 81,312 
Dividends payable37,485 34,342 
Other225,766 182,442 
Total$1,087,764 $975,192 
Accumulated Other Comprehensive Income (Loss)
The following table presents the Company's roll forward of accumulated income (loss) after-tax for the years ended September 27, 2024 and September 29, 2023 (in thousands):
Change in Pension and Retiree Medical Plan LiabilitiesForeign Currency Translation Adjustment (1)Gain/(Loss) on Cash Flow Hedges (2)Total
Balance at September 30, 2022
$(307,395)$(786,040)$118,305 $(975,130)
Other comprehensive (loss) income
(18,485)150,103 15,006 146,624 
Reclassifications from other comprehensive income (loss)188 — (29,636)(29,448)
Balance at September 29, 2023
$(325,692)$(635,937)$103,675 $(857,954)
Other comprehensive (loss) income
(45,190)211,702 (8,166)158,346 
Reclassifications from other comprehensive income (loss)192 — (54,506)(54,314)
Distribution of SpinCo Business
$(247)$54,719 $— $54,472 
Balance at September 27, 2024
$(370,937)$(369,516)$41,003 $(699,450)
(1)Included in the overall foreign currency translation adjustment for the years ended September 27, 2024 and September 29, 2023 is $(8.9) million and $(67.4) million, respectively, in unrealized losses on long-term foreign currency denominated intercompany loans not anticipated to be settled in the foreseeable future.
(2)Included in the Company’s cumulative net unrealized gains from interest rate swaps recorded in accumulated other comprehensive income as of September 27, 2024 and September 29, 2023 were approximately $5.9 million and $22.6 million, respectively in unrealized gains, net of taxes, which are expected to be realized in earnings during the twelve months subsequent to September 27, 2024.