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1093000000 -18000000 -18000000 50000000 50000000 5000000 5000000 -1000000 -1000000 0 1414000000 -164000000 -119000000 1131000000 2583000000 0 -153000000 0 2430000000 19000000 19000000 -37000000 -37000000 18000000 18000000 2584000000 0 -190000000 0 2394000000 2307000000 0 -168000000 0 2139000000 -119000000 -119000000 4000000 4000000 1111000000 1111000000 129000000 129000000 1325000000 -1325000000 0 74000000 74000000 15000000 15000000 0 0 0 1414000000 -164000000 -119000000 1131000000 2561000000 0 -171000000 0 2390000000 25000000 25000000 -19000000 -19000000 2000000 2000000 2584000000 0 -190000000 0 2394000000 <div style="line-height: 1.31; clear: both; font-weight: bold; font-size: 9pt;">1.         Basis of Presentation</div> <div style="line-height: 1.31; font-size: 10pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">On November 4, 2024 (the “Closing Date”), Treasure Holdco, Inc. (“Treasure”), which was a wholly owned subsidiary of Berry Global Group, Inc. (“Berry”), completed its merger (the “Transaction”) with the Glatfelter Corporation (“GLT” or “Glatfelter”) which concurrently changed its name to Magnera Corporation (the “Company,” “we,” or “Magnera”).  As a result, pre-Transaction Treasure shareholders received shares of Magnera representing 90% of the combined company and GLT shareholders retained 10%.  As Treasure was identified as the accounting acquirer, the prior year presentation represents standalone Treasure results with the acquisition method of accounting being applied to the assets acquired and liabilities assumed of GLT. See Note 3—Acquisition.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">The accompanying unaudited Consolidated and Combined Financial Statements of Magnera Corporation have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC") for interim reporting. In preparing financial statements in conformity with GAAP, we must make estimates and assumptions that affect the reported amounts and disclosures at the date of the financial statements and during the reporting period. Actual results could differ from those estimates. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included, and all subsequent events up to the time of the filing have been evaluated. For further information, refer to the Company’s Form 8-K/A filed on January 31, 2025 with the SEC.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">The pre-Transaction combined financial results of operations, financial position, and cash flows have been prepared on a carve-out basis, which include assumptions underlying the preparation that management believe are reasonable. However, the combined pre-Transaction financial information included herein may not necessarily reflect the Company’s results of operations, financial position, and cash flows had the Company been an independent stand-alone company during the periods presented. </span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">For periods prior to the Closing Date, transactions between Berry and Treasure were reflected as a component of Berry's net investment in the Consolidated and Combined Balance Sheets and as a financing activity within the accompanying Consolidated and Combined Statements of Cash Flows. Berry's net investment on the Consolidated and Combined Balance Sheet and Consolidated and Combined Statement of Stockholders’ Equity represents the cumulative net investment by Berry in Treasure.  Concurrent with the closing of the Transaction, Berry received a cash distribution and, in turn, transferred Berry’s health, hygiene and specialties global nonwovens and films business to Treasure.  As a result, Berry's net investment in Treasure was reduced to zero with a corresponding adjustment to Additional Paid-in Capital.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000; font-weight: bold;">Recently Issued Accounting Pronouncements</span> </div> <div style="font-size: 9pt;"> </div> <div> <span style="font-size: 9.0pt; color: #000000;">In 2023, the Financial Accounting Standards Board ("FASB") issued guidance with the goal of providing more information about reportable segments, including disaggregated expense information. The Company will adopt all required disclosures requirements in fiscal 2025.</span> </div> <div style="font-size: 9pt;">  </div> <div> In 2023, the FASB issued guidance with the goal of providing more information in the income tax reconciliation table and regarding income taxe<span style="font-size: 9pt">s paid. <span>This ASU is effective for fiscal years beginning after December 15, 2024, may be applied prospectively or retrospectively, and allows for early adoption. </span>The Company is </span>currently evaluating the impact of adopting this guidance. </div><div style="font-size: 9pt;">  </div> <div> In 2024, the FASB issued guidance with the goal of providing more expense information for certain categories of expenses that are included in line items on the face of the statements of earnings<span style="font-size: 9pt">. <span>This ASU is effective for fiscal years beginning after December 15, 2026 and for interim periods beginning after December 15, 2027, and may be adopted on a prospective or retrospective basis, and allows for early adoption. </span>The Company is currently evaluating the impact of adopting this guidance.</span> </div> On November 4, 2024 (the “Closing Date”), Treasure Holdco, Inc. (“Treasure”), which was a wholly owned subsidiary of Berry Global Group, Inc. (“Berry”), completed its merger (the “Transaction”) with the Glatfelter Corporation (“GLT” or “Glatfelter”) which concurrently changed its name to Magnera Corporation (the “Company,” “we,” or “Magnera”).  As a result, pre-Transaction Treasure shareholders received shares of Magnera representing 90% of the combined company and GLT shareholders retained 10%.  As Treasure was identified as the accounting acquirer, the prior year presentation represents standalone Treasure results with the acquisition method of accounting being applied to the assets acquired and liabilities assumed of GLT. See Note 3—Acquisition 0.90 0.10 The accompanying unaudited Consolidated and Combined Financial Statements of Magnera Corporation have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC") for interim reporting. In preparing financial statements in conformity with GAAP, we must make estimates and assumptions that affect the reported amounts and disclosures at the date of the financial statements and during the reporting period. Actual results could differ from those estimates. 0 <div> <span style="font-size: 9.0pt; color: #000000; font-weight: bold;">Recently Issued Accounting Pronouncements</span> </div><div> <span style="font-size: 9.0pt; color: #000000;">In 2023, the Financial Accounting Standards Board ("FASB") issued guidance with the goal of providing more information about reportable segments, including disaggregated expense information. The Company will adopt all required disclosures requirements in fiscal 2025.</span> </div><div> In 2023, the FASB issued guidance with the goal of providing more information in the income tax reconciliation table and regarding income taxe<span style="font-size: 9pt">s paid. <span>This ASU is effective for fiscal years beginning after December 15, 2024, may be applied prospectively or retrospectively, and allows for early adoption. </span>The Company is </span>currently evaluating the impact of adopting this guidance. </div><div> In 2024, the FASB issued guidance with the goal of providing more expense information for certain categories of expenses that are included in line items on the face of the statements of earnings<span style="font-size: 9pt">. <span>This ASU is effective for fiscal years beginning after December 15, 2026 and for interim periods beginning after December 15, 2027, and may be adopted on a prospective or retrospective basis, and allows for early adoption. </span>The Company is currently evaluating the impact of adopting this guidance.</span> </div> <div style="font-size: 9pt; clear: both; font-weight: bold;">2.         Revenue and Accounts Receivable</div> <div style="font-size: 9pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">Revenue is recognized when performance obligations are satisfied, in an amount reflecting the consideration to which the Company expects to be entitled.  We consider the promise to transfer products to be our sole performance obligation.  Generally, our revenue is recognized for standard promised goods at the time of shipment, when title and risk of loss pass to the customer.  The Company disaggregates revenue based on geography. See Note 9—Segment and Geographic Data.</span> </div><div><span style="font-size: 9.0pt; color: #000000;">The Company records current expected credit losses based on a variety of factors including historical loss experience and current customer financial condition.  The changes to our current expected credit losses, write-off activity, and recoveries were not material for any of the periods presented.</span> </div><div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">The Company has entered into various factoring agreements, primarily customer-based supply chain financing programs, to sell certain receivables to third-party financial institutions.  These agreements result in true sales of the transferred receivables, which occur when receivables are transferred without recourse to the Company, are reflected as a reduction of trade receivables, net on the consolidated and combined balance sheets and the proceeds are included in the cash flows from operating activities in the consolidated and combined statements of cash flows.</span> </div> Revenue is recognized when performance obligations are satisfied, in an amount reflecting the consideration to which the Company expects to be entitled.  We consider the promise to transfer products to be our sole performance obligation.  Generally, our revenue is recognized for standard promised goods at the time of shipment, when title and risk of loss pass to the customer.  The Company disaggregates revenue based on geography. <div style="font-size: 9pt; clear: both; font-weight: bold;">3.         Acquisition</div> <div style="font-size: 9pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000; font-style: italic;">Glatfelter</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">The Transaction combined GLT’s sustainable solutions and product portfolio with Treasure’s proprietary technologies and global scale.  The Company is now a global leader in growing markets while serving some of the world’s largest brand owners.  The results of GLT have been included in the consolidated results of the Company since the Closing Date.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">The GLT acquisition has been accounted for under the purchase method of accounting. Under this method, the assets acquired and liabilities assumed have been recorded based on estimated fair values as of the Closing Date. Certain assets, including inventory, intangibles, and property, plant, and equipment included in the purchase price allocation have been estimated based on the current valuation. The Company's valuation analysis over the acquired business will be finalized during the fourth quarter. The Company has recognized goodwill on this Transaction primarily as a result of expected cost synergies and expects goodwill not to be deductible for tax purposes. </span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">The following table summarizes the purchase price allocation, which is preliminary and subject to change within one year of the Closing Date:</span> </div> <div> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; width: 80%; margin-left: auto; margin-right: auto; font-family: &quot;Times New Roman&quot;, Times, serif; border-spacing: 0px;"><tr><td>Fair value of GLT common stock concurrent with closing</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B18">$</td><td style="width: 9%; text-align: right;">74</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B18"> </td></tr><tr><td> </td><td style="width: 1%;" title="FN3 Acquisitions - B19"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN3 Acquisitions - B19"></td></tr><tr><td style="font-weight: bold;">Identifiable assets acquired and liabilities assumed</td><td style="width: 1%;" title="FN3 Acquisitions - B20"></td><td style="width: 9%;"></td><td style="width: 1%;" title="FN3 Acquisitions - B20"></td></tr><tr><td>Cash</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B21"> </td><td style="width: 9%; text-align: right;">37</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B21"> </td></tr><tr><td>Working capital<span style="font-size: .83em; vertical-align: super;">(a)</span></td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B22"> </td><td style="width: 9%; text-align: right;">246</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B22"> </td></tr><tr><td>Property, plant and equipment</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B23"> </td><td style="width: 9%; text-align: right;">578</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B23"> </td></tr><tr><td>Identifiable intangible assets</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B24"> </td><td style="width: 9%; text-align: right;">19</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B24"> </td></tr><tr><td>Other assets</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B25"> </td><td style="width: 9%; text-align: right;">71</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B25"> </td></tr><tr><td>Other long-term liabilities</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B26"> </td><td style="width: 9%; text-align: right;">(100</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B26">) </td></tr><tr><td>Debt</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B27"> </td><td style="width: 9%; text-align: right;">(869</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B27">) </td></tr><tr><td>Goodwill<span style="font-size: .83em; vertical-align: super;">(b)</span></td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN3 Acquisitions - B28"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">92</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN3 Acquisitions - B28"> </td></tr><tr><td style="font-weight: bold;">Total consideration</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN3 Acquisitions - B29">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">74</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN3 Acquisitions - B29"> </td></tr></table><div style="width : 80%; margin-left : auto; margin-right : auto; ">          <i><span style="font-size: 8pt"><sup>(a)</sup> Includes a $12 million step up of inventory to fair value</span></i></div> <div style="width : 80%; margin-left : auto; margin-right : auto; "><i style="letter-spacing: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><span style="font-size: 8pt;"><sup>            (b)</sup> Recorded in Americas segment</span></i></div><div style="line-height: 1.35; font-size: 10pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">When including GLT results for the periods prior to the Closing Date, unaudited pro forma net sales and net loss were $885 million and $20 million, respectively for the quarterly period ended June 29, 2024, $2,477 million and $131 million, respectively, for the three quarterly periods ended June 28, 2025, and $2,610 million and $80 million, respectively, for the three quarterly periods ended June 29, 2024. The unaudited pro forma net sales and net income figures assume that the Transaction was consummated as of the beginning of the relevant period.</span> </div> <div> <span style="font-size: 9.0pt; color: #000000;">The following table summarizes the purchase price allocation, which is preliminary and subject to change within one year of the Closing Date:</span> </div> <div> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; width: 80%; margin-left: auto; margin-right: auto; font-family: &quot;Times New Roman&quot;, Times, serif; border-spacing: 0px;"><tr><td>Fair value of GLT common stock concurrent with closing</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B18">$</td><td style="width: 9%; text-align: right;">74</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B18"> </td></tr><tr><td> </td><td style="width: 1%;" title="FN3 Acquisitions - B19"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN3 Acquisitions - B19"></td></tr><tr><td style="font-weight: bold;">Identifiable assets acquired and liabilities assumed</td><td style="width: 1%;" title="FN3 Acquisitions - B20"></td><td style="width: 9%;"></td><td style="width: 1%;" title="FN3 Acquisitions - B20"></td></tr><tr><td>Cash</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B21"> </td><td style="width: 9%; text-align: right;">37</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B21"> </td></tr><tr><td>Working capital<span style="font-size: .83em; vertical-align: super;">(a)</span></td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B22"> </td><td style="width: 9%; text-align: right;">246</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B22"> </td></tr><tr><td>Property, plant and equipment</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B23"> </td><td style="width: 9%; text-align: right;">578</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B23"> </td></tr><tr><td>Identifiable intangible assets</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B24"> </td><td style="width: 9%; text-align: right;">19</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B24"> </td></tr><tr><td>Other assets</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B25"> </td><td style="width: 9%; text-align: right;">71</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B25"> </td></tr><tr><td>Other long-term liabilities</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B26"> </td><td style="width: 9%; text-align: right;">(100</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B26">) </td></tr><tr><td>Debt</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B27"> </td><td style="width: 9%; text-align: right;">(869</td><td style="width: 1%; text-align: left;" title="FN3 Acquisitions - B27">) </td></tr><tr><td>Goodwill<span style="font-size: .83em; vertical-align: super;">(b)</span></td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN3 Acquisitions - B28"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">92</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN3 Acquisitions - B28"> </td></tr><tr><td style="font-weight: bold;">Total consideration</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN3 Acquisitions - B29">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">74</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN3 Acquisitions - B29"> </td></tr></table><div style="width : 80%; margin-left : auto; margin-right : auto; ">          <i><span style="font-size: 8pt"><sup>(a)</sup> Includes a $12 million step up of inventory to fair value</span></i></div> <div style="width : 80%; margin-left : auto; margin-right : auto; "><i style="letter-spacing: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><span style="font-size: 8pt;"><sup>            (b)</sup> Recorded in Americas segment</span></i></div> 74000000 37000000 246000000 578000000 19000000 71000000 100000000 869000000 92000000 74000000 12000000 885000000 -20000000 2477000000 -131000000 2610000000 -80000000 <div style="line-height: 1.35; clear: both; font-weight: bold; font-size: 9pt;">4.         Transaction and Other Activities</div> <div style="line-height: 1.35; font-size: 10pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">The table below sets forth the significant components of the Transaction and other activities, including supply chain financings activity charges recognized for the periods presented, by reportable segment:</span> </div> <div style="line-height: 1.35; font-size: 10pt; clear: both;"> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="7" style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Quarterly Period Ended</td><td> </td><td colspan="7" style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; white-space : nowrap; ">Three Quarterly Periods Ended</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - B2"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - B2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - D2"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - D2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - F2"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - F2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - H2"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - H2"></td></tr><tr><td>Americas</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B3">$</td><td style="width: 9%; text-align: right; font-weight: bold;">10</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D3">$</td><td style="width: 9%; text-align: right;">4</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F3">$</td><td style="width: 9%; text-align: right; font-weight: bold;">44</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H3">$</td><td style="width: 9%; text-align: right;">10</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H3"> </td></tr><tr><td>Rest of World</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B4"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">4</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B4"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D4"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D4"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F4"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">25</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F4"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H4"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">8</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H4"> </td></tr><tr><td>Consolidated</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B5">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">14</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B5"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D5">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">4</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D5"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F5">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">69</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F5"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H5">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">18</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H5"> </td></tr></table><div style="line-height: 1.35; font-size: 10pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">The table below sets forth the activity with respect to the Transaction and other activities accrual at June 28, 2025:</span> </div> <div> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; margin-left: auto; margin-right: 0px; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - B10"></td><td style="text-align : center; font-weight : bold; width : 9%; white-space : nowrap; ">Employee Severance</td><td style="width: 1%;" title="FN4 Transaction &amp; Other - B10"></td><td> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - D10"></td><td style="text-align: center; font-weight: bold; width: 9%;">Transaction</td><td style="width: 1%;" title="FN4 Transaction &amp; Other - D10"></td><td> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - F10"></td><td style="text-align : center; font-weight : bold; width : 9%; white-space : nowrap; ">Non-Cash </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - F10"></td><td> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - H10"></td><td style="width: 9%; white-space: nowrap; font-weight: bold; text-align: center;">Other</td><td style="width: 1%;" title="FN4 Transaction &amp; Other - H10"></td><td> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - J10"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - J10"></td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - B11"></td><td style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; vertical-align : bottom; white-space : nowrap; ">and Benefits (a)</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - B11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - D11"></td><td style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; vertical-align : bottom; white-space : nowrap; ">Activities (b)</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - D11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - F11"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%; vertical-align: bottom;">Charges</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - F11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - H11"></td><td style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; vertical-align : bottom; white-space : nowrap; ">Activities</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - H11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - J11"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%; vertical-align: bottom;">Total</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - J11"></td></tr><tr><td>Balance at September 28, 2024</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B12">$</td><td style="width: 9%; text-align: right;">8</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J12"> </td><td style="width: 9%; text-align: right;">8</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J12"> </td></tr><tr><td>Charges</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B13"> </td><td style="width: 9%; text-align: right;">14</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D13"> </td><td style="width: 9%; text-align: right;">27</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F13"> </td><td style="width: 9%; text-align: right;">5</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H13"> </td><td style="width: 9%; text-align: right;">23</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J13"> </td><td style="width: 9%; text-align: right;">69</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J13"> </td></tr><tr><td>Non-cash items</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B14"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D14"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F14"> </td><td style="width: 9%; text-align: right;">(5</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F14">) </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H14"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J14"> </td><td style="width: 9%; text-align: right;">(5</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J14">) </td></tr><tr><td>Cash payments</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B15"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(16</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B15">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D15"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(27</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D15">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F15"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F15"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H15"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(23</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H15">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - J15"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(66</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - J15">) </td></tr><tr><td>Balance at June 28, 2025</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - B16">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">6</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - B16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - D16">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - D16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - F16">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - F16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - H16">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - H16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - J16">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">6</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - J16"> </td></tr></table><div> </div><div style="text-indent: 36pt; line-height: 1.35; clear: both;"> <sup style="font-size: 5.0pt; color: #000000; font-style: italic;">(a)</sup><span style="font-size: 8.0pt; color: #000000; font-style: italic;"> </span><span style="font-size: 8.0pt; color: #000000;"> Restructuring activities </span> </div> <div style="text-indent: 36pt; line-height: 1.35;"> <sup style="font-size: 5.0pt; color: #000000; font-style: italic;">(b)</sup><span style="font-size: 8.0pt; color: #000000; font-style: italic;"> </span><span style="font-size: 8.0pt; color: #000000;"> Includes $19 million of Transaction related compensation </span> </div> <div> <span style="font-size: 9.0pt; color: #000000;">The table below sets forth the significant components of the Transaction and other activities, including supply chain financings activity charges recognized for the periods presented, by reportable segment:</span> </div> <div style="line-height: 1.35; font-size: 10pt; clear: both;"> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="7" style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Quarterly Period Ended</td><td> </td><td colspan="7" style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; white-space : nowrap; ">Three Quarterly Periods Ended</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - B2"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - B2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - D2"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - D2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - F2"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - F2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - H2"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - H2"></td></tr><tr><td>Americas</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B3">$</td><td style="width: 9%; text-align: right; font-weight: bold;">10</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D3">$</td><td style="width: 9%; text-align: right;">4</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F3">$</td><td style="width: 9%; text-align: right; font-weight: bold;">44</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H3">$</td><td style="width: 9%; text-align: right;">10</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H3"> </td></tr><tr><td>Rest of World</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B4"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">4</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B4"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D4"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D4"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F4"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">25</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F4"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H4"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">8</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H4"> </td></tr><tr><td>Consolidated</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B5">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">14</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B5"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D5">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">4</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D5"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F5">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">69</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F5"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H5">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">18</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H5"> </td></tr></table> 10000000 4000000 44000000 10000000 4000000 0 25000000 8000000 14000000 4000000 69000000 18000000 <div> <span style="font-size: 9.0pt; color: #000000;">The table below sets forth the activity with respect to the Transaction and other activities accrual at June 28, 2025:</span> </div> <div> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; margin-left: auto; margin-right: 0px; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - B10"></td><td style="text-align : center; font-weight : bold; width : 9%; white-space : nowrap; ">Employee Severance</td><td style="width: 1%;" title="FN4 Transaction &amp; Other - B10"></td><td> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - D10"></td><td style="text-align: center; font-weight: bold; width: 9%;">Transaction</td><td style="width: 1%;" title="FN4 Transaction &amp; Other - D10"></td><td> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - F10"></td><td style="text-align : center; font-weight : bold; width : 9%; white-space : nowrap; ">Non-Cash </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - F10"></td><td> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - H10"></td><td style="width: 9%; white-space: nowrap; font-weight: bold; text-align: center;">Other</td><td style="width: 1%;" title="FN4 Transaction &amp; Other - H10"></td><td> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - J10"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN4 Transaction &amp; Other - J10"></td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - B11"></td><td style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; vertical-align : bottom; white-space : nowrap; ">and Benefits (a)</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - B11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - D11"></td><td style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; vertical-align : bottom; white-space : nowrap; ">Activities (b)</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - D11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - F11"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%; vertical-align: bottom;">Charges</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - F11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - H11"></td><td style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; vertical-align : bottom; white-space : nowrap; ">Activities</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - H11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - J11"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%; vertical-align: bottom;">Total</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN4 Transaction &amp; Other - J11"></td></tr><tr><td>Balance at September 28, 2024</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B12">$</td><td style="width: 9%; text-align: right;">8</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J12"> </td><td style="width: 9%; text-align: right;">8</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J12"> </td></tr><tr><td>Charges</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B13"> </td><td style="width: 9%; text-align: right;">14</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D13"> </td><td style="width: 9%; text-align: right;">27</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F13"> </td><td style="width: 9%; text-align: right;">5</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H13"> </td><td style="width: 9%; text-align: right;">23</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J13"> </td><td style="width: 9%; text-align: right;">69</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J13"> </td></tr><tr><td>Non-cash items</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B14"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - B14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D14"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - D14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F14"> </td><td style="width: 9%; text-align: right;">(5</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - F14">) </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H14"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - H14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J14"> </td><td style="width: 9%; text-align: right;">(5</td><td style="width: 1%; text-align: left;" title="FN4 Transaction &amp; Other - J14">) </td></tr><tr><td>Cash payments</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B15"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(16</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - B15">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D15"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(27</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - D15">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F15"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - F15"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H15"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(23</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - H15">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - J15"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(66</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN4 Transaction &amp; Other - J15">) </td></tr><tr><td>Balance at June 28, 2025</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - B16">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">6</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - B16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - D16">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - D16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - F16">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - F16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - H16">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - H16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - J16">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;">6</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none; font-weight: bold;" title="FN4 Transaction &amp; Other - J16"> </td></tr></table><div> </div><div style="text-indent: 36pt; line-height: 1.35; clear: both;"> <sup style="font-size: 5.0pt; color: #000000; font-style: italic;">(a)</sup><span style="font-size: 8.0pt; color: #000000; font-style: italic;"> </span><span style="font-size: 8.0pt; color: #000000;"> Restructuring activities </span> </div> <div style="text-indent: 36pt; line-height: 1.35;"> <sup style="font-size: 5.0pt; color: #000000; font-style: italic;">(b)</sup><span style="font-size: 8.0pt; color: #000000; font-style: italic;"> </span><span style="font-size: 8.0pt; color: #000000;"> Includes $19 million of Transaction related compensation </span> </div> 8000000 0 0 0 8000000 14000000 27000000 5000000 23000000 69000000 0 0 -5000000 0 -5000000 16000000 27000000 0 23000000 66000000 6000000 0 0 0 6000000 19000000 <div style="font-weight: bold;">5.         Leases</div> <div> </div><div><span style="font-size: 9.0pt; color: #000000;">The Company leases certain manufacturing facilities, warehouses, office space, manufacturing equipment, office equipment, and automobiles.</span> </div><div style="font-size: 10pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">Supplemental lease information is as follows:</span> </div> <div style="font-size: 10pt;">  </div> <table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td style="width: 39%;"></td><td style="width: 38%;"></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td style="font-weight: bold; vertical-align: bottom;">Leases</td><td style="font-weight: bold; vertical-align: bottom;">Classification</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN5 Leases - C3"></td><td style="font-weight : bold; text-align : center; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; white-space : nowrap; ">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN5 Leases - C3"></td><td style="border-width: initial; border-style: none; border-color: initial;"> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN5 Leases - E3"></td><td style="text-align : center; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; white-space : nowrap; ">September 28, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN5 Leases - E3"></td></tr><tr><td>Operating leases:</td><td> </td><td style="width: 1%;" title="FN5 Leases - C4"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - C4"></td><td> </td><td style="width: 1%;" title="FN5 Leases - E4"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - E4"></td></tr><tr><td>Operating lease right-of-use assets</td><td><span style="-sec-ix-hidden: hidden-fact-0"><span style="-sec-ix-hidden: hidden-fact-1">Right-of-use asset</span></span></td><td style="width: 1%; text-align: left;" title="FN5 Leases - C5">$</td><td style="width: 9%; text-align: right; font-weight: bold;">65</td><td style="width: 1%; text-align: left;" title="FN5 Leases - C5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN5 Leases - E5">$</td><td style="width: 9%; text-align: right;">49</td><td style="width: 1%; text-align: left;" title="FN5 Leases - E5"> </td></tr><tr><td>Current operating lease liabilities</td><td><span style="-sec-ix-hidden: hidden-fact-2"><span style="-sec-ix-hidden: hidden-fact-3">Accrued expenses</span></span></td><td style="width: 1%; text-align: left;" title="FN5 Leases - C6"> </td><td style="width: 9%; text-align: right; font-weight: bold;">19</td><td style="width: 1%; text-align: left;" title="FN5 Leases - C6"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN5 Leases - E6"> </td><td style="width: 9%; text-align: right;">11</td><td style="width: 1%; text-align: left;" title="FN5 Leases - E6"> </td></tr><tr><td>Noncurrent operating lease liabilities</td><td><span style="-sec-ix-hidden: hidden-fact-4"><span style="-sec-ix-hidden: hidden-fact-5">Operating lease liability</span></span></td><td style="width: 1%; text-align: left;" title="FN5 Leases - C7"> </td><td style="width: 9%; text-align: right; font-weight: bold;">48</td><td style="width: 1%; text-align: left;" title="FN5 Leases - C7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN5 Leases - E7"> </td><td style="width: 9%; text-align: right;">39</td><td style="width: 1%; text-align: left;" title="FN5 Leases - E7"> </td></tr><tr><td> </td><td> </td><td style="width: 1%;" title="FN5 Leases - C8"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - C8"></td><td> </td><td style="width: 1%;" title="FN5 Leases - E8"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - E8"></td></tr><tr><td>Finance leases:</td><td> </td><td style="width: 1%;" title="FN5 Leases - C9"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - C9"></td><td> </td><td style="width: 1%;" title="FN5 Leases - E9"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - E9"></td></tr><tr><td>Finance lease right-of-use assets</td><td><span style="-sec-ix-hidden: hidden-fact-6"><span style="-sec-ix-hidden: hidden-fact-7">Property, plant, and equipment, net</span></span></td><td style="width: 1%; text-align: left;" title="FN5 Leases - C10">$</td><td style="width: 9%; text-align: right; font-weight: bold;"> —</td><td style="width: 1%; text-align: left;" title="FN5 Leases - C10"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN5 Leases - E10">$</td><td style="width: 9%; text-align: right;">6</td><td style="width: 1%; text-align: left;" title="FN5 Leases - E10"> </td></tr></table> <div> <span style="font-size: 9.0pt; color: #000000;">Supplemental lease information is as follows:</span> </div> <div style="font-size: 10pt;">  </div> <table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td style="width: 39%;"></td><td style="width: 38%;"></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td style="font-weight: bold; vertical-align: bottom;">Leases</td><td style="font-weight: bold; vertical-align: bottom;">Classification</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN5 Leases - C3"></td><td style="font-weight : bold; text-align : center; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; white-space : nowrap; ">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN5 Leases - C3"></td><td style="border-width: initial; border-style: none; border-color: initial;"> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN5 Leases - E3"></td><td style="text-align : center; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; white-space : nowrap; ">September 28, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN5 Leases - E3"></td></tr><tr><td>Operating leases:</td><td> </td><td style="width: 1%;" title="FN5 Leases - C4"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - C4"></td><td> </td><td style="width: 1%;" title="FN5 Leases - E4"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - E4"></td></tr><tr><td>Operating lease right-of-use assets</td><td><span style="-sec-ix-hidden: hidden-fact-0"><span style="-sec-ix-hidden: hidden-fact-1">Right-of-use asset</span></span></td><td style="width: 1%; text-align: left;" title="FN5 Leases - C5">$</td><td style="width: 9%; text-align: right; font-weight: bold;">65</td><td style="width: 1%; text-align: left;" title="FN5 Leases - C5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN5 Leases - E5">$</td><td style="width: 9%; text-align: right;">49</td><td style="width: 1%; text-align: left;" title="FN5 Leases - E5"> </td></tr><tr><td>Current operating lease liabilities</td><td><span style="-sec-ix-hidden: hidden-fact-2"><span style="-sec-ix-hidden: hidden-fact-3">Accrued expenses</span></span></td><td style="width: 1%; text-align: left;" title="FN5 Leases - C6"> </td><td style="width: 9%; text-align: right; font-weight: bold;">19</td><td style="width: 1%; text-align: left;" title="FN5 Leases - C6"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN5 Leases - E6"> </td><td style="width: 9%; text-align: right;">11</td><td style="width: 1%; text-align: left;" title="FN5 Leases - E6"> </td></tr><tr><td>Noncurrent operating lease liabilities</td><td><span style="-sec-ix-hidden: hidden-fact-4"><span style="-sec-ix-hidden: hidden-fact-5">Operating lease liability</span></span></td><td style="width: 1%; text-align: left;" title="FN5 Leases - C7"> </td><td style="width: 9%; text-align: right; font-weight: bold;">48</td><td style="width: 1%; text-align: left;" title="FN5 Leases - C7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN5 Leases - E7"> </td><td style="width: 9%; text-align: right;">39</td><td style="width: 1%; text-align: left;" title="FN5 Leases - E7"> </td></tr><tr><td> </td><td> </td><td style="width: 1%;" title="FN5 Leases - C8"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - C8"></td><td> </td><td style="width: 1%;" title="FN5 Leases - E8"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - E8"></td></tr><tr><td>Finance leases:</td><td> </td><td style="width: 1%;" title="FN5 Leases - C9"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - C9"></td><td> </td><td style="width: 1%;" title="FN5 Leases - E9"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN5 Leases - E9"></td></tr><tr><td>Finance lease right-of-use assets</td><td><span style="-sec-ix-hidden: hidden-fact-6"><span style="-sec-ix-hidden: hidden-fact-7">Property, plant, and equipment, net</span></span></td><td style="width: 1%; text-align: left;" title="FN5 Leases - C10">$</td><td style="width: 9%; text-align: right; font-weight: bold;"> —</td><td style="width: 1%; text-align: left;" title="FN5 Leases - C10"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN5 Leases - E10">$</td><td style="width: 9%; text-align: right;">6</td><td style="width: 1%; text-align: left;" title="FN5 Leases - E10"> </td></tr></table> 65000000 49000000 19000000 11000000 48000000 39000000 0 6000000 <div style="font-size: 9pt; clear: both; font-weight: bold;">6.         Long-Term Debt    </div><div> </div> <div><span style="font-size: 9.0pt; color: #000000;">Long-term debt consists of the following:</span> </div><div style="font-size: 10pt; clear: both;"> </div><table cellpadding="0" class="worksheetTable outdatedWorksheet" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td style="width: 39%;"></td><td style="width: 38%;"></td><td style="width: 1%;"></td><td style="width: 9%; font-weight: bold;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td style="font-weight: bold; vertical-align: bottom;">Facility</td><td style="font-weight: bold; vertical-align: bottom;">Maturity Date</td><td style="width: 1%;" title="FN6 LT Debt - D3"></td><td style="text-align : center; font-weight : bold; width : 9%; white-space : nowrap; ">June 28, 2025</td><td style="width: 1%;" title="FN6 LT Debt - D3"></td><td> </td><td style="width: 1%;" title="FN6 LT Debt - F3"></td><td style="text-align : center; font-weight : bold; width : 9%; white-space : nowrap; ">September 28, 2024</td><td style="width: 1%;" title="FN6 LT Debt - F3"></td></tr><tr><td>Revolving Credit Facility</td><td><div style="-sec-ix-hidden: hidden-fact-8">November 2029</div></td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D4">$</td><td style="width: 9%; text-align: right; font-weight: bold;"> —</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D4"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F4">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F4"> </td></tr><tr><td>Term Loan</td><td><div style="-sec-ix-hidden: hidden-fact-9">November 2031</div></td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">781</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F5"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F5"> </td></tr><tr><td>7.25% First Priority Senior Secured Notes</td><td><div style="-sec-ix-hidden: hidden-fact-10">November 2031</div></td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D6"> </td><td style="width: 9%; text-align: right; font-weight: bold;">800</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D6"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F6"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F6"> </td></tr><tr><td>4.75% First Priority Senior Secured Notes</td><td><div style="-sec-ix-hidden: hidden-fact-11">October 2029</div></td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D7"> </td><td style="width: 9%; text-align: right; font-weight: bold;">500</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F7"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F7"> </td></tr><tr><td>Debt discounts, deferred fees and other</td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D8"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(82</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D8">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F8"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F8"> </td></tr><tr><td style="padding-left: 20px;">Total long-term debt</td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D9"> </td><td style="width: 9%; text-align: right; font-weight: bold;">1,999</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D9"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F9"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F9"> </td></tr><tr><td style="padding-left: 30px;">Current portion of long-term debt</td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D10"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(8</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D10">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F10"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F10"> </td></tr><tr><td style="padding-left: 20px;">Long-term debt, less current portion</td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D11">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">1,991</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D11"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F11">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F11"> </td></tr></table><div style="font-size: 10pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">As part of the Transaction, the Company consummated a $785 million Term Loan due 2031 (the “Term Loan”), an $800 million issuance of 7.25% First Priority Senior Secured Notes due 2031 (the “7.25% Notes”), and a $350 million revolving credit facility (the “Revolving Credit Facility”).  The proceeds from the Term Loan and 7.25% Notes were used to retire a portion of GLT outstanding debt and fund a cash distribution to Berry.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">Despite not having financial maintenance covenants on our Term Loan and secured notes, these agreements do contain certain negative covenants.  The failure to comply with these negative covenants could restrict our ability to incur additional indebtedness, effect acquisitions, enter into certain significant business combinations, make distributions or redeem indebtedness. The current portion of long-term debt consists of quarterly principal payments on the term loan due within one year. We are in compliance with all covenants as of June 28, 2025.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">Debt discounts, deferred financing fees and the purchase price adjustment related to the retained GLT 4.75% First Priority Senior Secured Notes are presented net of Long-term debt, less the current portion on the Consolidated and Combined Balance Sheets and are amortized to Interest expense on the Consolidated and Combined Statements of Operations through maturity.</span> </div> <div><span style="font-size: 9.0pt; color: #000000;">Long-term debt consists of the following:</span> </div><div style="font-size: 10pt; clear: both;"> </div><table cellpadding="0" class="worksheetTable outdatedWorksheet" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td style="width: 39%;"></td><td style="width: 38%;"></td><td style="width: 1%;"></td><td style="width: 9%; font-weight: bold;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td style="font-weight: bold; vertical-align: bottom;">Facility</td><td style="font-weight: bold; vertical-align: bottom;">Maturity Date</td><td style="width: 1%;" title="FN6 LT Debt - D3"></td><td style="text-align : center; font-weight : bold; width : 9%; white-space : nowrap; ">June 28, 2025</td><td style="width: 1%;" title="FN6 LT Debt - D3"></td><td> </td><td style="width: 1%;" title="FN6 LT Debt - F3"></td><td style="text-align : center; font-weight : bold; width : 9%; white-space : nowrap; ">September 28, 2024</td><td style="width: 1%;" title="FN6 LT Debt - F3"></td></tr><tr><td>Revolving Credit Facility</td><td><div style="-sec-ix-hidden: hidden-fact-8">November 2029</div></td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D4">$</td><td style="width: 9%; text-align: right; font-weight: bold;"> —</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D4"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F4">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F4"> </td></tr><tr><td>Term Loan</td><td><div style="-sec-ix-hidden: hidden-fact-9">November 2031</div></td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">781</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F5"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F5"> </td></tr><tr><td>7.25% First Priority Senior Secured Notes</td><td><div style="-sec-ix-hidden: hidden-fact-10">November 2031</div></td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D6"> </td><td style="width: 9%; text-align: right; font-weight: bold;">800</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D6"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F6"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F6"> </td></tr><tr><td>4.75% First Priority Senior Secured Notes</td><td><div style="-sec-ix-hidden: hidden-fact-11">October 2029</div></td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D7"> </td><td style="width: 9%; text-align: right; font-weight: bold;">500</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F7"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F7"> </td></tr><tr><td>Debt discounts, deferred fees and other</td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D8"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(82</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D8">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F8"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F8"> </td></tr><tr><td style="padding-left: 20px;">Total long-term debt</td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D9"> </td><td style="width: 9%; text-align: right; font-weight: bold;">1,999</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - D9"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F9"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN6 LT Debt - F9"> </td></tr><tr><td style="padding-left: 30px;">Current portion of long-term debt</td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D10"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(8</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D10">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F10"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F10"> </td></tr><tr><td style="padding-left: 20px;">Long-term debt, less current portion</td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D11">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">1,991</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - D11"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F11">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN6 LT Debt - F11"> </td></tr></table> 0 0 781000000 0 0.0725 800000000 0 0.0475 500000000 0 82000000 0 1999000000 0 8000000 0 1991000000 0 785000000 800000000 0.0725 0.0725 350000000 0.0725 0.0475 <div style="font-size: 9pt; clear: both; font-weight: bold;">7.         Financial Instruments and Fair Value Measurements</div> <div> </div><div><span style="font-size: 9.0pt; color: #000000;">In the normal course of business, the Company is exposed to certain risks arising from business operations and economic factors.  The Company may use derivative financial instruments to help manage market risk and reduce the exposure to fluctuations in foreign currencies.  These financial instruments are not used for trading or other speculative purposes.</span> </div><div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000; font-style: italic;">Cross-Currency Swaps </span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">The Company is party to certain cross-currency swaps to hedge a portion of our foreign currency risk. </span><span style="font-size: 9.0pt;">During fiscal 2025</span><span style="font-size: 9.0pt; color: #000000;">, the Company received net proceeds of $22 million related to the settlement of existing cross-currency rate swaps, with the offset being recorded in Accumulated other comprehensive loss. Following the settlement, the Company entered into a €250 million and a €425 million cross-currency swap, maturing November 2027 and November 2029 respectively. The swaps are designated as a hedge of the Company’s foreign currency investment in foreign subsidiaries. When valuing cross-currency swaps the Company utilizes Level 2 inputs (substantially observable). </span> </div><div> <span style="font-size: 9.0pt; color: #000000;">The Company records the fair value positions of all derivative financial instruments on a net basis by counterparty for which a master netting arrangement is utilized. Balances on a gross basis are as follows: </span> </div> <div style="line-height: 1.31; font-size: 10pt;">  </div> <table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td></td><td style="width: 0%;"></td><td></td><td></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td style="font-weight: bold; border-top: none; border-left: none; border-right: none; border-bottom: 1px solid black; vertical-align: bottom;">Derivative Instruments</td><td style="font-weight: bold; border-left: none; border-right: none; border-bottom: 1px solid black; border-top: none; vertical-align: bottom;">Hedge Designation</td><td style="border-bottom: 1.81818px solid black; border-top: none; border-left: none; border-right: none;"> </td><td style="font-weight: bold; border-bottom: 1.81818px solid black; border-left: none; border-right: none; border-top: none; vertical-align: bottom;">Balance Sheet Location</td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F19"></td><td style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; white-space : nowrap; ">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F19"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H19"></td><td style="text-align : center; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; white-space : nowrap; ">September 28, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H19"></td></tr><tr><td>Cross-currency swaps</td><td>Designated</td><td> </td><td>Other long-term liabilities</td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F20">$</td><td style="width: 9%; text-align: right; font-weight: bold;">(106</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F20">) </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H20">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H20"> </td></tr></table><div style="line-height: 1.35; font-size: 10pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">The effect of the Company’s derivative instruments on the Consolidated and Combined Statements of Operations is as follows:</span> </div> <div style="font-size: 9pt; clear: both;"> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td> </td><td> </td><td colspan="7" style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Quarterly Period Ended</td><td> </td><td colspan="7" style="font-weight : bold; text-align : center; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; white-space : nowrap; ">Three Quarterly Periods Ended</td></tr><tr><td style="font-weight: bold; border-bottom: 1.81818px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Derivative Instruments</td><td style="font-weight: bold; border-bottom: 1.81818px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Statements of Income Location</td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D24"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F24"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H24"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J24"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J24"></td></tr><tr><td>Cross-currency swaps</td><td>Interest expense</td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D25">$</td><td style="width: 9%; text-align: right; font-weight: bold;">2</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D25"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F25">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F25"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H25">$</td><td style="width: 9%; text-align: right; font-weight: bold;">7</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H25"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J25">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J25"> </td></tr></table><div style="font-size: 9pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000; font-style: italic;">Non-recurring Fair Value Measurements</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">The Company has certain assets that are measured at fair value on a non-recurring basis when impairment indicators are present or when the Company completes an acquisition.  The Company adjusts certain long-lived assets to fair value only when the carrying values exceed the fair values.  The categorization of the framework used to value the assets is considered Level 3, due to the subjective nature of the unobservable inputs used to determine the fair value.  These assets that are subject to our impairment analysis primarily include our definite lived and indefinite lived intangible assets, including Goodwill and our Property, plant and equipment.  The Company reviews Goodwill and other indefinite lived assets for impairment as of the first day of the fourth fiscal quarter each year and more frequently if impairment indicators exist.  As a result of the fiscal 2024 assessment, the Company recorded an impairment charge of $172 million.  No impairment indicators were identified in the current quarter.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">Included in the following tables are the major categories of assets and their current carrying values, along with the impairment loss recognized on the fair value measurement for the period then ended:</span> </div> <div style="line-height: 1.35; font-size: 10pt; clear: both;"> </div> <table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="19" style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">June 28, 2025</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - B2"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 1</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - B2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D2"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 2</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F2"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 3</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H2"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Total</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J2"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Impairment</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J2"></td></tr><tr><td>Indefinite-lived trademarks</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B3">$</td><td style="width: 9%; text-align: right; font-weight: bold;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D3">$</td><td style="width: 9%; text-align: right; font-weight: bold;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F3">$</td><td style="width: 9%; text-align: right; font-weight: bold;">26</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H3">$</td><td style="width: 9%; text-align: right; font-weight: bold;">26</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J3">$</td><td style="width: 9%; text-align: right; font-weight: bold;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J3"> </td></tr><tr><td>Goodwill</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B4"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B4"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D4"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D4"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F4"> </td><td style="width: 9%; text-align: right; font-weight: bold;">726</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F4"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H4"> </td><td style="width: 9%; text-align: right; font-weight: bold;">726</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H4"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J4"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J4"> </td></tr><tr><td>Definite lived intangible assets</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">185</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">185</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J5"> </td></tr><tr><td>Property, plant, and equipment</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - B6"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - B6"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - D6"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - D6"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - F6"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; font-weight: bold;">1,473</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - F6"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - H6"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; font-weight: bold;">1,473</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - H6"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - J6"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - J6"> </td></tr><tr><td>Total</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B7">$</td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D7">$</td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F7">$</td><td style="width: 9%; text-align: right; font-weight: bold;">2,410</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H7">$</td><td style="width: 9%; text-align: right; font-weight: bold;">2,410</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J7">$</td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J7"> </td></tr></table><div style="line-height: 1.35; font-size: 10pt; clear: both;"> </div><table cellpadding="0" class="worksheetTable outdatedWorksheet" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td style="height: 0px;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="19" style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">September 28, 2024</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - B11"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 1</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - B11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D11"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 2</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F11"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 3</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H11"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Total</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J11"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Impairment</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J11"></td></tr><tr><td>Indefinite-lived trademarks</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F12">$</td><td style="width: 9%; text-align: right;">26</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H12">$</td><td style="width: 9%; text-align: right;">26</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J12"> </td></tr><tr><td>Goodwill</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B13"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D13"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F13"> </td><td style="width: 9%; text-align: right;">624</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H13"> </td><td style="width: 9%; text-align: right;">624</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J13"> </td><td style="width: 9%; text-align: right;">(171</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J13">) </td></tr><tr><td>Definite lived intangible assets</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B14"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D14"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F14"> </td><td style="width: 9%; text-align: right;">200</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H14"> </td><td style="width: 9%; text-align: right;">200</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J14"> </td><td style="width: 9%; text-align: right;">(1</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J14">) </td></tr><tr><td>Property, plant, and equipment</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B15"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B15"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D15"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D15"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F15"> </td><td style="width: 9%; text-align: right;">949</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F15"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H15"> </td><td style="width: 9%; text-align: right;">949</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H15"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J15"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J15"> </td></tr><tr><td>Total</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - B16">$</td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - B16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - D16">$</td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - D16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - F16">$</td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;">1,799</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - F16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - H16">$</td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;">1,799</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - H16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - J16">$</td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;">(172</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - J16">) </td></tr></table><div style="line-height: 1.35; font-size: 10pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">The Company’s financial instruments consist primarily of cash and cash equivalents, long-term debt, and cross-currency swap agreements.  The book value of our marketable long-term indebtedness exceeded fair value by $104 million as of June 28, 2025.  The Company’s long-term debt fair values were determined using Level 2 inputs (substantially observable). </span> </div> 22000000 250000000 425000000 <div> <span style="font-size: 9.0pt; color: #000000;">The Company records the fair value positions of all derivative financial instruments on a net basis by counterparty for which a master netting arrangement is utilized. Balances on a gross basis are as follows: </span> </div> <div style="line-height: 1.31; font-size: 10pt;">  </div> <table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td></td><td style="width: 0%;"></td><td></td><td></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td style="font-weight: bold; border-top: none; border-left: none; border-right: none; border-bottom: 1px solid black; vertical-align: bottom;">Derivative Instruments</td><td style="font-weight: bold; border-left: none; border-right: none; border-bottom: 1px solid black; border-top: none; vertical-align: bottom;">Hedge Designation</td><td style="border-bottom: 1.81818px solid black; border-top: none; border-left: none; border-right: none;"> </td><td style="font-weight: bold; border-bottom: 1.81818px solid black; border-left: none; border-right: none; border-top: none; vertical-align: bottom;">Balance Sheet Location</td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F19"></td><td style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; white-space : nowrap; ">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F19"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H19"></td><td style="text-align : center; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; width : 9%; white-space : nowrap; ">September 28, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H19"></td></tr><tr><td>Cross-currency swaps</td><td>Designated</td><td> </td><td>Other long-term liabilities</td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F20">$</td><td style="width: 9%; text-align: right; font-weight: bold;">(106</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F20">) </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H20">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H20"> </td></tr></table> 106000000 0 <div> <span style="font-size: 9.0pt; color: #000000;">The effect of the Company’s derivative instruments on the Consolidated and Combined Statements of Operations is as follows:</span> </div> <div style="font-size: 9pt; clear: both;"> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td> </td><td> </td><td colspan="7" style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Quarterly Period Ended</td><td> </td><td colspan="7" style="font-weight : bold; text-align : center; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; white-space : nowrap; ">Three Quarterly Periods Ended</td></tr><tr><td style="font-weight: bold; border-bottom: 1.81818px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Derivative Instruments</td><td style="font-weight: bold; border-bottom: 1.81818px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Statements of Income Location</td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D24"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F24"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H24"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J24"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J24"></td></tr><tr><td>Cross-currency swaps</td><td>Interest expense</td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D25">$</td><td style="width: 9%; text-align: right; font-weight: bold;">2</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D25"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F25">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F25"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H25">$</td><td style="width: 9%; text-align: right; font-weight: bold;">7</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H25"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J25">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J25"> </td></tr></table> -2000000 0 -7000000 0 172000000 <div> <span style="font-size: 9.0pt; color: #000000;">Included in the following tables are the major categories of assets and their current carrying values, along with the impairment loss recognized on the fair value measurement for the period then ended:</span> </div> <div style="line-height: 1.35; font-size: 10pt; clear: both;"> </div> <table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="19" style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">June 28, 2025</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - B2"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 1</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - B2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D2"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 2</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F2"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 3</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H2"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Total</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H2"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J2"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Impairment</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J2"></td></tr><tr><td>Indefinite-lived trademarks</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B3">$</td><td style="width: 9%; text-align: right; font-weight: bold;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D3">$</td><td style="width: 9%; text-align: right; font-weight: bold;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F3">$</td><td style="width: 9%; text-align: right; font-weight: bold;">26</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H3">$</td><td style="width: 9%; text-align: right; font-weight: bold;">26</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H3"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J3">$</td><td style="width: 9%; text-align: right; font-weight: bold;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J3"> </td></tr><tr><td>Goodwill</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B4"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B4"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D4"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D4"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F4"> </td><td style="width: 9%; text-align: right; font-weight: bold;">726</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F4"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H4"> </td><td style="width: 9%; text-align: right; font-weight: bold;">726</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H4"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J4"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J4"> </td></tr><tr><td>Definite lived intangible assets</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">185</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">185</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H5"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J5"> </td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J5"> </td></tr><tr><td>Property, plant, and equipment</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - B6"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - B6"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - D6"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - D6"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - F6"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; font-weight: bold;">1,473</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - F6"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - H6"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; font-weight: bold;">1,473</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - H6"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - J6"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; font-weight: bold;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - J6"> </td></tr><tr><td>Total</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B7">$</td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D7">$</td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F7">$</td><td style="width: 9%; text-align: right; font-weight: bold;">2,410</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H7">$</td><td style="width: 9%; text-align: right; font-weight: bold;">2,410</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H7"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J7">$</td><td style="width: 9%; text-align: right; font-weight: bold;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J7"> </td></tr></table><div style="line-height: 1.35; font-size: 10pt; clear: both;"> </div><table cellpadding="0" class="worksheetTable outdatedWorksheet" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td style="height: 0px;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="19" style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">September 28, 2024</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - B11"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 1</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - B11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D11"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 2</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - D11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F11"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Level 3</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - F11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H11"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Total</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - H11"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J11"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">Impairment</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN7 Financial &amp; FV - J11"></td></tr><tr><td>Indefinite-lived trademarks</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F12">$</td><td style="width: 9%; text-align: right;">26</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H12">$</td><td style="width: 9%; text-align: right;">26</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H12"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J12">$</td><td style="width: 9%; text-align: right;"> —</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J12"> </td></tr><tr><td>Goodwill</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B13"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D13"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F13"> </td><td style="width: 9%; text-align: right;">624</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H13"> </td><td style="width: 9%; text-align: right;">624</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H13"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J13"> </td><td style="width: 9%; text-align: right;">(171</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J13">) </td></tr><tr><td>Definite lived intangible assets</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B14"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D14"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F14"> </td><td style="width: 9%; text-align: right;">200</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H14"> </td><td style="width: 9%; text-align: right;">200</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H14"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J14"> </td><td style="width: 9%; text-align: right;">(1</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J14">) </td></tr><tr><td>Property, plant, and equipment</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B15"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - B15"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D15"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - D15"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F15"> </td><td style="width: 9%; text-align: right;">949</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - F15"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H15"> </td><td style="width: 9%; text-align: right;">949</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - H15"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J15"> </td><td style="width: 9%; text-align: right;">—</td><td style="width: 1%; text-align: left;" title="FN7 Financial &amp; FV - J15"> </td></tr><tr><td>Total</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - B16">$</td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - B16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - D16">$</td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;">—</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - D16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - F16">$</td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;">1,799</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - F16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - H16">$</td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;">1,799</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - H16"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - J16">$</td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;">(172</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none;" title="FN7 Financial &amp; FV - J16">) </td></tr></table> 26000000 26000000 0 0 726000000 726000000 0 0 0 185000000 185000000 0 0 0 1473000000 1473000000 0 0 0 2410000000 2410000000 0 26000000 26000000 0 0 624000000 624000000 171000000 0 0 200000000 200000000 1000000 0 0 949000000 949000000 0 0 0 1799000000 1799000000 172000000 104000000 <div style="font-size: 9pt; clear: both; font-weight: bold;">8.         Income Taxes</div> <div style="font-size: 9pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">The YTD effective income tax rate was unfavorably impacted by the jurisdictional mix of pre-tax results among the Company and its subsidiaries and losses, which generate no tax benefit in domestic and certain foreign jurisdictions.</span> </div> <div style="font-size: 10pt;"> </div> <div style="font-size: 10pt;"><span><span style="font-size: 9pt">On July 4, 2025, the One Big Beautiful Bill Act (the “Act”) was enacted. The Act provides for several corporate tax changes including, but not limited to, restoring full expensing of domestic research and development costs, restoring immediate deductibility of certain capital expenditures, and changes in the computations of U.S. taxation on international earnings. We will continue to evaluate the impact this tax legislation may have on our business. </span></span></div> <div style="font-size: 9pt; clear: both; font-weight: bold;">9.         Segment and Geographic Data</div> <div style="font-size: 9pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">The Company’s operations are organized into two operating and reportable segments: Americas and Rest of World. The structure is designed to align us with our customers, provide improved service, drive future growth, and to facilitate synergy realization.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">Selected information by reportable segment is presented in the following tables:</span> </div> <div> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="7" style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Quarterly Period Ended</td><td> </td><td colspan="7" style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; white-space : nowrap; ">Three Quarterly Periods Ended</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C4"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C4"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E4"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E4"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G4"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G4"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I4"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I4"></td></tr><tr><td style="font-weight: bold;">Net Sales</td><td style="width: 1%;" title="FN9 Segments - C5"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C5"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E5"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E5"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G5"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G5"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I5"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I5"></td></tr><tr><td>Americas</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C6">$</td><td style="width: 9%; text-align: right; font-weight: bold;">473</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C6"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E6">$</td><td style="width: 9%; text-align: right;">388</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E6"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G6">$</td><td style="width: 9%; text-align: right; font-weight: bold;">1,366</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G6"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I6">$</td><td style="width: 9%; text-align: right;">1,111</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I6"> </td></tr><tr><td>Rest of World</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C7"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">366</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C7"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E7"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">168</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E7"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G7"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">999</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G7"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I7"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">522</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I7"> </td></tr><tr><td style="padding-left: 20px;">Total net sales</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C8">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">839</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C8"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E8">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">556</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E8"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G8">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">2,365</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G8"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I8">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">1,633</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I8"> </td></tr><tr><td> </td><td style="width: 1%;" title="FN9 Segments - C9"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C9"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E9"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E9"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G9"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G9"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I9"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I9"></td></tr><tr><td style="font-weight: bold;">Operating income (loss)</td><td style="width: 1%;" title="FN9 Segments - C10"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C10"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E10"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E10"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G10"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G10"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I10"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I10"></td></tr><tr><td>Americas</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C11">$</td><td style="width: 9%; text-align: right; font-weight: bold;">12</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C11"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E11">$</td><td style="width: 9%; text-align: right;">16</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E11"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G11">$</td><td style="width: 9%; text-align: right; font-weight: bold;">13</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G11"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I11">$</td><td style="width: 9%; text-align: right;">33</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I11"> </td></tr><tr><td>Rest of World</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C12"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">1</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C12"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E12"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">1</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E12"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G12"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(18</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G12">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I12"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(7</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I12">) </td></tr><tr><td style="padding-left: 20px;">Total operating income (loss)</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C13">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">13</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C13"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E13">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">17</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E13"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G13">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">(5</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G13">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I13">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">26</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I13"> </td></tr><tr><td> </td><td style="width: 1%;" title="FN9 Segments - C14"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C14"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E14"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E14"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G14"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G14"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I14"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I14"></td></tr><tr><td style="font-weight: bold;">Depreciation and amortization</td><td style="width: 1%;" title="FN9 Segments - C15"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C15"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E15"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E15"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G15"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G15"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I15"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I15"></td></tr><tr><td>Americas</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C16">$</td><td style="width: 9%; text-align: right; font-weight: bold;">35</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C16"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E16">$</td><td style="width: 9%; text-align: right;">30</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E16"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G16">$</td><td style="width: 9%; text-align: right; font-weight: bold;">107</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G16"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I16">$</td><td style="width: 9%; text-align: right;">91</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I16"> </td></tr><tr><td>Rest of World</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C17"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">23</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C17"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E17"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">12</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E17"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G17"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">62</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G17"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I17"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">39</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I17"> </td></tr><tr><td style="padding-left: 20px;">Total depreciation and amortization</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C18">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">58</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C18"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E18">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">42</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E18"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G18">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">169</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G18"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I18">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">130</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I18"> </td></tr></table><div> </div> <div> <span style="font-size: 9.0pt; color: #000000;">Selected information by geographical region is presented in the following table:</span> </div> <div style="font-size: 9pt;">  </div> <table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="7" style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Quarterly Period Ended</td><td> </td><td colspan="7" style="font-weight : bold; text-align : center; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; white-space : nowrap; ">Three Quarterly Periods Ended</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C24"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E24"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G24"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I24"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I24"></td></tr><tr><td style="font-weight: bold;">Net Sales</td><td style="width: 1%;" title="FN9 Segments - C25"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C25"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E25"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E25"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G25"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G25"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I25"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I25"></td></tr><tr><td>United States and Canada</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C26">$</td><td style="width: 9%; text-align: right; font-weight: bold;">369</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C26"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E26">$</td><td style="width: 9%; text-align: right;">253</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E26"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G26">$</td><td style="width: 9%; text-align: right; font-weight: bold;">1,042</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G26"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I26">$</td><td style="width: 9%; text-align: right;">728</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I26"> </td></tr><tr><td>Latin America</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C27"> </td><td style="width: 9%; text-align: right; font-weight: bold;">104</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C27"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E27"> </td><td style="width: 9%; text-align: right;">135</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E27"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G27"> </td><td style="width: 9%; text-align: right; font-weight: bold;">324</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G27"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I27"> </td><td style="width: 9%; text-align: right;">383</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I27"> </td></tr><tr><td>Rest of World</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C28"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">366</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C28"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E28"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">168</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E28"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G28"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">999</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G28"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I28"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">522</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I28"> </td></tr><tr><td style="padding-left: 20px;">Total net sales</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C29">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">839</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C29"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E29">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">556</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E29"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G29">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">2,365</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G29"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I29">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">1,633</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I29"> </td></tr></table><div style="line-height: 1.31; font-size: 10pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">Selected information by category is presented in the following tables:</span></div> <div> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="width: 9%; font-weight: bold;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%; font-weight: bold;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="7" style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Quarterly Period Ended</td><td> </td><td colspan="7" style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; white-space : nowrap; ">Three Quarterly Periods Ended</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C35"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C35"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E35"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E35"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G35"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G35"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I35"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I35"></td></tr><tr><td style="font-weight: bold;">Net Sales</td><td style="width: 1%;" title="FN9 Segments - C36"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C36"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E36"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E36"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G36"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G36"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I36"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I36"></td></tr><tr><td>Personal Care</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C37"> </td><td style="width: 9%; text-align: right; font-weight: bold;">46</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C37">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E37"> </td><td style="width: 9%; text-align: right;">64</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E37">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G37"> </td><td style="width: 9%; text-align: right; font-weight: bold;">48</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G37">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I37"> </td><td style="width: 9%; text-align: right;">64</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I37">%</td></tr><tr><td>Consumer Solutions</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C38"> </td><td style="width: 9%; text-align: right; font-weight: bold;">54</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C38">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E38"> </td><td style="width: 9%; text-align: right;">36</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E38">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G38"> </td><td style="width: 9%; text-align: right; font-weight: bold;">52</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G38">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I38"> </td><td style="width: 9%; text-align: right;">36</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I38">%</td></tr></table> 2 2 <div> <span style="font-size: 9.0pt; color: #000000;">Selected information by reportable segment is presented in the following tables:</span> </div> <div> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="7" style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Quarterly Period Ended</td><td> </td><td colspan="7" style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; white-space : nowrap; ">Three Quarterly Periods Ended</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C4"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C4"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E4"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E4"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G4"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G4"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I4"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I4"></td></tr><tr><td style="font-weight: bold;">Net Sales</td><td style="width: 1%;" title="FN9 Segments - C5"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C5"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E5"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E5"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G5"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G5"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I5"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I5"></td></tr><tr><td>Americas</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C6">$</td><td style="width: 9%; text-align: right; font-weight: bold;">473</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C6"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E6">$</td><td style="width: 9%; text-align: right;">388</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E6"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G6">$</td><td style="width: 9%; text-align: right; font-weight: bold;">1,366</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G6"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I6">$</td><td style="width: 9%; text-align: right;">1,111</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I6"> </td></tr><tr><td>Rest of World</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C7"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">366</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C7"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E7"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">168</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E7"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G7"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">999</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G7"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I7"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">522</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I7"> </td></tr><tr><td style="padding-left: 20px;">Total net sales</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C8">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">839</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C8"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E8">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">556</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E8"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G8">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">2,365</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G8"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I8">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">1,633</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I8"> </td></tr><tr><td> </td><td style="width: 1%;" title="FN9 Segments - C9"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C9"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E9"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E9"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G9"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G9"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I9"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I9"></td></tr><tr><td style="font-weight: bold;">Operating income (loss)</td><td style="width: 1%;" title="FN9 Segments - C10"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C10"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E10"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E10"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G10"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G10"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I10"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I10"></td></tr><tr><td>Americas</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C11">$</td><td style="width: 9%; text-align: right; font-weight: bold;">12</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C11"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E11">$</td><td style="width: 9%; text-align: right;">16</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E11"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G11">$</td><td style="width: 9%; text-align: right; font-weight: bold;">13</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G11"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I11">$</td><td style="width: 9%; text-align: right;">33</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I11"> </td></tr><tr><td>Rest of World</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C12"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">1</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C12"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E12"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">1</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E12"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G12"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(18</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G12">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I12"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">(7</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I12">) </td></tr><tr><td style="padding-left: 20px;">Total operating income (loss)</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C13">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">13</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C13"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E13">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">17</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E13"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G13">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">(5</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G13">) </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I13">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">26</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I13"> </td></tr><tr><td> </td><td style="width: 1%;" title="FN9 Segments - C14"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C14"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E14"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E14"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G14"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G14"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I14"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I14"></td></tr><tr><td style="font-weight: bold;">Depreciation and amortization</td><td style="width: 1%;" title="FN9 Segments - C15"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C15"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E15"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E15"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G15"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G15"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I15"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I15"></td></tr><tr><td>Americas</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C16">$</td><td style="width: 9%; text-align: right; font-weight: bold;">35</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C16"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E16">$</td><td style="width: 9%; text-align: right;">30</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E16"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G16">$</td><td style="width: 9%; text-align: right; font-weight: bold;">107</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G16"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I16">$</td><td style="width: 9%; text-align: right;">91</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I16"> </td></tr><tr><td>Rest of World</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C17"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">23</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C17"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E17"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">12</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E17"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G17"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">62</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G17"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I17"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">39</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I17"> </td></tr><tr><td style="padding-left: 20px;">Total depreciation and amortization</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C18">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">58</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C18"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E18">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">42</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E18"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G18">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">169</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G18"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I18">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">130</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I18"> </td></tr></table> 473000000 388000000 1366000000 1111000000 366000000 168000000 999000000 522000000 839000000 556000000 2365000000 1633000000 12000000 16000000 13000000 33000000 1000000 1000000 -18000000 -7000000 13000000 17000000 -5000000 26000000 35000000 30000000 107000000 91000000 23000000 12000000 62000000 39000000 58000000 42000000 169000000 130000000 <div> <span style="font-size: 9.0pt; color: #000000;">Selected information by geographical region is presented in the following table:</span> </div> <div style="font-size: 9pt;">  </div> <table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="font-weight: bold; width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="7" style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Quarterly Period Ended</td><td> </td><td colspan="7" style="font-weight : bold; text-align : center; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; white-space : nowrap; ">Three Quarterly Periods Ended</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C24"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E24"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G24"></td><td style="font-weight: bold; text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G24"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I24"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I24"></td></tr><tr><td style="font-weight: bold;">Net Sales</td><td style="width: 1%;" title="FN9 Segments - C25"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C25"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E25"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E25"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G25"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G25"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I25"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I25"></td></tr><tr><td>United States and Canada</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C26">$</td><td style="width: 9%; text-align: right; font-weight: bold;">369</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C26"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E26">$</td><td style="width: 9%; text-align: right;">253</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E26"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G26">$</td><td style="width: 9%; text-align: right; font-weight: bold;">1,042</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G26"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I26">$</td><td style="width: 9%; text-align: right;">728</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I26"> </td></tr><tr><td>Latin America</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C27"> </td><td style="width: 9%; text-align: right; font-weight: bold;">104</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C27"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E27"> </td><td style="width: 9%; text-align: right;">135</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E27"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G27"> </td><td style="width: 9%; text-align: right; font-weight: bold;">324</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G27"> </td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I27"> </td><td style="width: 9%; text-align: right;">383</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I27"> </td></tr><tr><td>Rest of World</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C28"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">366</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C28"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E28"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">168</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E28"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G28"> </td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">999</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G28"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I28"> </td><td style="width: 9%; text-align: right; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;">522</td><td style="width: 1%; text-align: left; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I28"> </td></tr><tr><td style="padding-left: 20px;">Total net sales</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C29">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">839</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - C29"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E29">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">556</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - E29"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G29">$</td><td style="width: 9%; text-align: right; font-weight: bold; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">2,365</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - G29"> </td><td> </td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I29">$</td><td style="width: 9%; text-align: right; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;">1,633</td><td style="width: 1%; text-align: left; border-bottom: 3px double black; border-top: none; border-left: none; border-right: none;" title="FN9 Segments - I29"> </td></tr></table> 369000000 253000000 1042000000 728000000 104000000 135000000 324000000 383000000 366000000 168000000 999000000 522000000 839000000 556000000 2365000000 1633000000 <div> <span style="font-size: 9.0pt; color: #000000;">Selected information by category is presented in the following tables:</span></div> <div> </div><table cellpadding="0" class="worksheetTable" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"><tr style="height: 0px; font-size: 0px;"><td></td><td style="width: 1%;"></td><td style="width: 9%; font-weight: bold;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%; font-weight: bold;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 1%;"></td><td style="width: 9%;"></td><td style="width: 1%;"></td></tr><tr><td> </td><td colspan="7" style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; vertical-align: bottom;">Quarterly Period Ended</td><td> </td><td colspan="7" style="text-align : center; font-weight : bold; border-bottom : 1px solid black; border-top : none; border-left : none; border-right : none; white-space : nowrap; ">Three Quarterly Periods Ended</td></tr><tr><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C35"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - C35"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E35"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - E35"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G35"></td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 28, 2025</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - G35"></td><td> </td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I35"></td><td style="text-align: center; border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 9%;">June 29, 2024</td><td style="border-bottom: 1px solid black; border-top: none; border-left: none; border-right: none; width: 1%;" title="FN9 Segments - I35"></td></tr><tr><td style="font-weight: bold;">Net Sales</td><td style="width: 1%;" title="FN9 Segments - C36"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - C36"></td><td> </td><td style="width: 1%;" title="FN9 Segments - E36"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - E36"></td><td> </td><td style="width: 1%;" title="FN9 Segments - G36"></td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - G36"></td><td> </td><td style="width: 1%;" title="FN9 Segments - I36"></td><td style="width: 9%;"> </td><td style="width: 1%;" title="FN9 Segments - I36"></td></tr><tr><td>Personal Care</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C37"> </td><td style="width: 9%; text-align: right; font-weight: bold;">46</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C37">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E37"> </td><td style="width: 9%; text-align: right;">64</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E37">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G37"> </td><td style="width: 9%; text-align: right; font-weight: bold;">48</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G37">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I37"> </td><td style="width: 9%; text-align: right;">64</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I37">%</td></tr><tr><td>Consumer Solutions</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C38"> </td><td style="width: 9%; text-align: right; font-weight: bold;">54</td><td style="width: 1%; text-align: left;" title="FN9 Segments - C38">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - E38"> </td><td style="width: 9%; text-align: right;">36</td><td style="width: 1%; text-align: left;" title="FN9 Segments - E38">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - G38"> </td><td style="width: 9%; text-align: right; font-weight: bold;">52</td><td style="width: 1%; text-align: left;" title="FN9 Segments - G38">%</td><td> </td><td style="width: 1%; text-align: left;" title="FN9 Segments - I38"> </td><td style="width: 9%; text-align: right;">36</td><td style="width: 1%; text-align: left;" title="FN9 Segments - I38">%</td></tr></table> 0.46 0.64 0.48 0.64 0.54 0.36 0.52 0.36 <div style="font-size: 9pt; clear: both; font-weight: bold;">10.       Contingencies and Commitments</div> <div style="font-size: 9pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000; font-weight: bold; font-style: italic;">Litigation</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">The Company is party to various legal proceedings involving routine claims which are incidental to its business.  Although the Company’s legal and financial liability with respect to such proceedings cannot be estimated with certainty, the Company believes that any ultimate liability would not be material to its consolidated and combined financial position, results of operations or cash flows.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000; font-weight: bold; font-style: italic;">Environmental Claims</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">Over the next 30 years, we are primarily responsible for the reimbursement of government oversight costs associated with certain environmental claims regarding the Fox River located in Neenah, Wisconsin. At June 28, 2025, the outstanding balance of the environmental liability and corresponding escrow asset was $18 million and $9 million, respectively.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000; font-weight: bold; font-style: italic;">Tax Claims</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">As part of a previous acquisition, the Company acquired a liability related to certain tax claims treated as a deferred purchase price (the “Deferred Consideration”). The Deferred Consideration accretes at a rate of 9.5% per annum compounded daily, which shall be paid to the selling stockholders of the previous acquisition to the extent certain existing and potential tax claims are resolved. At June 28, 2025 and June 29, 2024, the outstanding balance of the Deferred Consideration was $56 million and $51 million, respectively. If the Company incurs actual tax liability with respect to the tax claims, the amount of the Deferred Consideration owed to the selling stockholders will be reduced by the amount of such actual tax liability. The Company will be responsible for any actual tax liability in excess of the Deferred Consideration. The Deferred Consideration is reflected on the consolidated and combined balance sheets in Other long-term liabilities as the settlement of existing and potential claims is expected to be greater than one year. </span> </div> P30Y 18000000 9000000 0.095 56000000 51000000 <div style="font-size: 9pt; clear: both; font-weight: bold;">11.       Basic and Diluted Net Income (Loss) Per Share</div> <div style="font-size: 9pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">Basic net income or earnings per share ("EPS") is calculated by dividing the net income attributable to common stockholders by the weighted-average number of common shares outstanding during the period, without consideration for common stock equivalents.</span> </div> <div style="font-size: 9pt;">  </div> <div> <span style="font-size: 9.0pt; color: #000000;">The following tables provide a reconciliation of the numerator and denominator of the basic and diluted EPS calculations:</span> </div> <div style="line-height: 1.31; font-size: 10pt;">  </div> <table cellpadding="0" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"> <tr style="height: 0px; font-size: 0px;"> <td style="height: 0px;"> </td> <td style="width: 1%;"> </td><td style="width: 9%; font-weight: bold;"> </td><td style="width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> </tr> <tr> <td> </td> <td colspan="7" style="text-align: center; font-weight: bold; vertical-align: bottom;"> <div> Quarterly Period Ended </div> </td> <td> </td> <td colspan="7" style="font-weight : bold; text-align : center; white-space : nowrap; "> <div> Three Quarterly Periods Ended </div> </td> </tr> <tr> <td> <div> (in millions) </div> </td> <td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 9%;"> <div> June 28, 2025 </div> </td><td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td> <td> </td> <td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 9%;"> <div> June 29, 2024 </div> </td><td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td> <td> </td> <td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 9%;"> <div> June 28, 2025 </div> </td><td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td> <td> </td> <td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 9%;"> <div> June 29, 2024 </div> </td><td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td> </tr> <tr> <td style="font-weight: bold;"> <div> Numerator </div> </td> <td style="width: 1%;"> </td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> </tr> <tr> <td> <div> Consolidated net income (loss) </div> </td> <td style="width: 1%; text-align: left; font-weight: bold;">$</td><td style="width: 9%; text-align: right; font-weight: bold;">(18</td><td style="width: 1%; text-align: left;">) </td> <td> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">19</td><td style="width: 1%; text-align: left;"> </td> <td> </td> <td style="width: 1%; text-align: left; font-weight: bold;">$</td><td style="width: 9%; text-align: right; font-weight: bold;">(119</td><td style="width: 1%; text-align: left; font-weight: bold;">) </td> <td> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">25</td><td style="width: 1%; text-align: left;"> </td> </tr> <tr> <td style="font-weight: bold;"> <div> Denominator </div> </td> <td style="width: 1%;"> </td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> </tr> <tr> <td> <div> Weighted average common shares outstanding - basic and dilutive </div> </td> <td style="width: 1%; text-align: left;"> </td><td style="width: 9%; text-align: right; font-weight: bold;">35.6</td><td style="width: 1%; text-align: left;"> </td> <td> </td> <td style="width: 1%; text-align: left;"> </td><td style="width: 9%; text-align: right;">31.8</td><td style="width: 1%; text-align: left;"> </td> <td> </td> <td style="width: 1%; text-align: left; font-weight: bold;"> </td><td style="width: 9%; text-align: right; font-weight: bold;">35.5</td><td style="width: 1%; text-align: left; font-weight: bold;"> </td> <td> </td> <td style="width: 1%; text-align: left;"> </td><td style="width: 9%; text-align: right;">31.8</td><td style="width: 1%; text-align: left;"> </td> </tr> </table><div style="clear: both;"> <span style="font-size: 9.0pt; color: #000000;"> </span> </div> <div> <span style="font-size: 9.0pt; color: #000000;">While there were no shares outstanding in prior periods, an allocation of 90% of the shares as of the completion of the Transaction have been provided for comparability purposes. Shares excluded from the current period calculation, as the effect of their conversion into shares of our common stock would be antidilutive were 1.1 million. </span> </div> <div> <span style="font-size: 9.0pt; color: #000000;">The following tables provide a reconciliation of the numerator and denominator of the basic and diluted EPS calculations:</span> </div> <div style="line-height: 1.31; font-size: 10pt;">  </div> <table cellpadding="0" style="font-size: 9pt; border-collapse: collapse; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px;"> <tr style="height: 0px; font-size: 0px;"> <td style="height: 0px;"> </td> <td style="width: 1%;"> </td><td style="width: 9%; font-weight: bold;"> </td><td style="width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> </tr> <tr> <td> </td> <td colspan="7" style="text-align: center; font-weight: bold; vertical-align: bottom;"> <div> Quarterly Period Ended </div> </td> <td> </td> <td colspan="7" style="font-weight : bold; text-align : center; white-space : nowrap; "> <div> Three Quarterly Periods Ended </div> </td> </tr> <tr> <td> <div> (in millions) </div> </td> <td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 9%;"> <div> June 28, 2025 </div> </td><td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td> <td> </td> <td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 9%;"> <div> June 29, 2024 </div> </td><td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td> <td> </td> <td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 9%;"> <div> June 28, 2025 </div> </td><td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td> <td> </td> <td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td><td style="text-align: center; font-weight: bold; border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 9%;"> <div> June 29, 2024 </div> </td><td style="border-bottom: 1px solid black; border-top: 1px solid black; border-left: none; border-right: none; width: 1%;"> </td> </tr> <tr> <td style="font-weight: bold;"> <div> Numerator </div> </td> <td style="width: 1%;"> </td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> </tr> <tr> <td> <div> Consolidated net income (loss) </div> </td> <td style="width: 1%; text-align: left; font-weight: bold;">$</td><td style="width: 9%; text-align: right; font-weight: bold;">(18</td><td style="width: 1%; text-align: left;">) </td> <td> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">19</td><td style="width: 1%; text-align: left;"> </td> <td> </td> <td style="width: 1%; text-align: left; font-weight: bold;">$</td><td style="width: 9%; text-align: right; font-weight: bold;">(119</td><td style="width: 1%; text-align: left; font-weight: bold;">) </td> <td> </td> <td style="width: 1%; text-align: left;">$</td><td style="width: 9%; text-align: right;">25</td><td style="width: 1%; text-align: left;"> </td> </tr> <tr> <td style="font-weight: bold;"> <div> Denominator </div> </td> <td style="width: 1%;"> </td><td style="font-weight: bold; width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> <td> </td> <td style="width: 1%;"> </td><td style="width: 9%;"> </td><td style="width: 1%;"> </td> </tr> <tr> <td> <div> Weighted average common shares outstanding - basic and dilutive </div> </td> <td style="width: 1%; text-align: left;"> </td><td style="width: 9%; text-align: right; font-weight: bold;">35.6</td><td style="width: 1%; text-align: left;"> </td> <td> </td> <td style="width: 1%; text-align: left;"> </td><td style="width: 9%; text-align: right;">31.8</td><td style="width: 1%; text-align: left;"> </td> <td> </td> <td style="width: 1%; text-align: left; font-weight: bold;"> </td><td style="width: 9%; text-align: right; font-weight: bold;">35.5</td><td style="width: 1%; text-align: left; font-weight: bold;"> </td> <td> </td> <td style="width: 1%; text-align: left;"> </td><td style="width: 9%; text-align: right;">31.8</td><td style="width: 1%; text-align: left;"> </td> </tr> </table> -18000000 19000000 -119000000 25000000 35600000 35600000 31800000 31800000 35500000 35500000 31800000 31800000 0.90 1100000 1100000 <div style="font-size: 9pt; clear: both; font-weight: bold;">12.       Corporate Expense Allocation</div> <div style="font-size: 9pt; clear: both;"> </div><div> <span style="font-size: 9.0pt; color: #000000;">Based on management estimates, $3 million and $17 million of general corporate expenses including information technology, accounting, legal, human resources, and other services were allocated to Treasure periods prior to the Closing Date during the nine months ended June 28, 2025 and June 29, 2024, respectively.  </span> </div> 3000000 17000000 http://fasb.org/us-gaap/2025#OperatingLeaseRightOfUseAsset http://fasb.org/us-gaap/2025#OperatingLeaseRightOfUseAsset http://fasb.org/us-gaap/2025#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2025#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2025#OperatingLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2025#OperatingLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2025#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2025#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization 2029-11-30 2031-11-30 2031-11-30 2029-10-31 0000041719 false Q3 --09-27 Includes a $12 million step up of inventory to fair value Restructuring activities Includes $19 million of Transaction related compensation