Note 11 Restructuring

12 Months Ended

Sep. 30, 2023

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring and Other

Restructuring

Restructuring costs were $6 million, $11 million, and $15 million in 2023, 2022, and 2021, respectively. The following table is a summary of restructuring costs:

	Year Ended
	September 30, 2023		October 1, 2022		October 2, 2021
	(In thousands)
Severance costs	$	724	$	319	$	9,405
Other exit costs (recognized as incurred)	1,607		1,500		1,834
Total - Q1 FY20 Plan	2,331		1,819		11,239
Costs incurred for Other Plans	3,723		9,606		3,818
Total - All Plans	$	6,054	$	11,425	$	15,057

Q1 FY20 Plan

On October 28, 2019, the Company adopted a Company-wide restructuring plan (“Q1 FY20 Plan”). Substantially all cash payments have occurred and actions under this plan were completed.

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 IMS segment incurred costs of $4 million, $1 million and $9 million for 2023, 2022, and 2021, respectively. The Company’s CPS segment incurred costs of $2 million, $10 million and $5 million for 2023, 2022, and 2021, respectively. Accrued liabilities for restructuring costs are not material as of September 30, 2023 or October 1, 2022, (excludes environmental remediation liabilities which are disclosed in Note 10 “Contingencies”).

Other

During the first quarter of 2022, the Company recognized a gain of $5 million primarily from the sale of a certain real property.