Berry Global (BERY) 10-Q 10 May 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares shares in Millions	6 Months Ended
	Apr. 02, 2016	May. 10, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 2, 2016
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,016
Entity Registrant Name	BERRY PLASTICS GROUP INC
Entity Central Index Key	1,378,992
Trading Symbol	bery
Current Fiscal Year End Date	--10-01
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		120.9

Consolidated Statements Of Inco

Consolidated Statements Of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Consolidated Statements Of Income [Abstract]
Net sales	$ 1,614	$ 1,224	$ 3,226	$ 2,444
Costs and expenses:
Cost of goods sold	1,269	997	2,589	2,034
Selling, general and administrative	138	89	292	174
Amortization of intangibles	35	23	71	48
Restructuring and impairment charges	7	3	23	8
Operating income	165	112	251	180
Other income, net	(7)	1	(3)
Interest expense, net	74	52	149	105
Income before income taxes	98	59	105	75
Income tax expense	39	21	42	24
Consolidated net income	$ 59	$ 38	$ 63	$ 51
Net income per share:
Basic	$ 0.49	$ 0.32	$ 0.52	$ 0.43
Diluted	$ 0.47	$ 0.31	$ 0.51	$ 0.41
Outstanding weighted-average shares:
Basic	120.5	119	120.3	118.7
Diluted	124.4	124.1	124	123.4

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Consolidated Statements Of Comprehensive Income [Abstract]
Consolidated net income	$ 59	$ 38	$ 63	$ 51
Currency translation	84	(20)	55	(34)
Interest rate hedges	(19)	(13)	(15)	(20)
Provision for income taxes related to other comprehensive income items	7	4	6	6
Comprehensive income (loss)	$ 131	$ 9	$ 109	$ 3

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Apr. 02, 2016	Sep. 26, 2015
Current assets:
Cash and cash equivalents	$ 212	$ 228
Accounts receivable (less allowance of $9 and $3, respectively)	703	434
Finished goods	421	309
Raw materials and supplies	281	213
Inventory, total	702	522
Deferred income taxes		162
Prepaid expenses and other current assets	95	37
Total current assets	1,712	1,383
Property, plant, and equipment, net	2,317	1,294
Goodwill, intangible assets and deferred costs, net	3,742	2,349
Other assets	27	2
Total assets	7,798	5,028
Current liabilities:
Accounts payable	540	330
Accrued expenses and other current liabilities	465	338
Current portion of long-term debt	73	37
Total current liabilities	1,078	705
Long-term debt, less current portion	5,914	3,648
Deferred income taxes	355	387
Other long-term liabilities	373	341
Total liabilities	7,720	5,081
Redeemable non-controlling interest	12	12
Stockholders' equity (deficit)
Common stock (120.8 and 119.9 shares issued, respectively)	1	1
Additional paid-in capital	428	406
Non-controlling interest	3	3
Accumulated deficit	(293)	(356)
Accumulated other comprehensive loss	(73)	(119)
Total stockholders' equity (deficit)	66	(65)
Total liabilities and stockholders' equity (deficit)	$ 7,798	$ 5,028

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Millions, $ in Millions	Apr. 02, 2016	Sep. 26, 2015
Consolidated Balance Sheets [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 9	$ 3
Common stock, shares issued	120.8	119.9

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015
Cash Flows from Operating Activities:
Consolidated net income	$ 63	$ 51
Adjustments to reconcile net cash provided by operating activities:
Depreciation	199	128
Amortization of intangibles	71	48
Non-cash interest expense	5	3
Deferred income tax	21	22
Stock compensation expense	14	12
Impairment of long-lived assets		2
Purchase accounting non-cash charge	7
Other items	(1)	(1)
Changes in working capital	(19)	(48)
Changes in other assets and liabilities	1	(5)
Net cash provided by operating activities	361	212
Cash Flows from Investing Activities:
Additions to property, plant and equipment	(173)	(79)
Proceeds from sale of assets	4	13
Acquisitions of business, net of cash acquired	(2,283)
Net cash used in investing activities	(2,452)	(66)
Cash Flows from Financing Activities:
Proceeds from long-term borrowings	2,490
Repayments on long-term borrowings	(267)	(125)
Proceeds from issuance of common stock	11	13
Payment of tax receivable agreement	(57)	(39)
Debt financing costs	(37)
Purchase of non-controlling interest	(66)
Net cash used in financing activities	2,074	(151)
Effect of exchange rate changes on cash	1	(5)
Net change in cash	(16)	(10)
Cash and cash equivalents at beginning of period	228	129
Cash and cash equivalents at end of period	$ 212	$ 119

Basis Of Presentation

Basis Of Presentation	6 Months Ended
	Apr. 02, 2016
Basis Of Presentation [Abstract]
Basis Of Presentation	1. Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements of Berry Plastics Group, Inc. ("the Company") 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 for interim reporting. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In preparing financial statements in conformity with GAAP, we must make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses, and related 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 consolidated financial statements and footnotes thereto included in the Company's most recent Form 10-K filed with the Securities and Exchange Commission. In November 2015, the Company reorganized into three operating segments: Health, Hygiene & Specialties, Consumer Packaging, and Engineered Materials. The Company has recast all prior period amounts to conform to this new reporting structure.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	6 Months Ended
	Apr. 02, 2016
Recently Issued Accounting Pronouncements [Abstract]
Recently Issued Accounting Pronouncements	2. Recently Issued Accounting Pronouncements Changes to GAAP are established by the Financial Accounting Standards Board ("FASB") in the form of accounting standards updates to the FASB's Accounting Standards Codification. During the first and second fiscal quarters of 2016, with the exception of the below, there have been no developments to the recently adopted accounting pronouncements from those disclosed in the Company's 2015 Annual Report on Form 10-K that are considered to have a material impact on our unaudited consolidated financial statements. Inventory In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory to simplify the guidance on the subsequent measurement of inventory, excluding inventory measured using last-in, first out or the retail inventory method. Under the new standard, inventory should be at the lower of cost and net realizable value. The new accounting guidance is effective for interim and annual periods beginning after December 15, 2016 with early adoption permitted. The Company elected to early adopt this guidance, effective at the beginning of fiscal 2016. Its effect did not have a material impact on our financial statements. Business Combinations In September 2015, the FASB issued ASU 2015-16, Business Combinations (Topic 805), Simplifying the Accounting for Measurement-Period Adjustments which requires that the cumulative impact of a measurement period adjustment (including the impact on prior periods) be recognized in the reporting period in which the adjustment is identified. Entities should present separately on the face of the income statement or disclose in the footnotes the portion of the measurement period adjustment recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment had been recognized as of the acquisition date. The new guidance is effective for interim and annual periods beginning after December 15, 2015 with early adoption permitted. The Company elected to early adopt this guidance, effective at the beginning of fiscal 2016. We will continue to consider the impact of such guidance on our recording of the AVINTIV, Inc. business combination. Income Taxes In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes which simplifies the presentation of deferred income taxes. This update requires that deferred tax assets and liabilities be classified as non-current in a statement of financial position. The update is effective for financial periods beginning after December 15, 2017; however, early application is permitted. The Company adopted this guidance effective at the beginning of fiscal 2016, on a prospective basis, resulting in a $ 175 Leases In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Under the new standard, the lessee of an operating lease will be required to do the following: 1) recognize a right-of-use asset and a lease liability in the statement of financial position, 2) recognize a single lease cost allocated over the lease term generally on a straight-line basis, and 3) classify all cash payments within operating activities on the statement of cash flows. Companies will be required to adopt this standard on a modified retrospective approach, and amendments in this guidance are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted. The Company is currently evaluating the impact of this guidance. Stock Compensation In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting, as part of its Simplification Initiative. The new guidance will require all income tax effects of awards to be recognized in the income statement when the awards vest or are settled. It also will allow an employer to repurchase more of an employee's shares than it can today for tax withholding purposes without triggering liability accounting and to make a policy election for forfeitures as they occur. The guidance is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The Company is currently evaluating the impact of this guidance.

Acquisition

Acquisition	6 Months Ended
	Apr. 02, 2016
Acquisition [Abstract]
Acquisition	3. Acquisition AVINTIV Inc. In October 2015, the Company acquired 100 2.26 195 400 6.0 2.1 2022 The acquisition has been accounted for under the purchase method of accounting, and accordingly, the purchase price has been allocated to the identifiable assets and liabilities based on preliminary fair values at the acquisition date. The results of Avintiv have been included in the consolidated results of the Company since the date of the acquisition. The Company has not finalized the allocation of the purchase price to the fair value of fixed assets, intangibles, deferred income taxes, or debt and is continuing to review all of the working capital acquired and uncertain tax positions. The Company has recognized Goodwill on this transaction primarily as a result of expected synergies of Avintiv, and does not expect that Goodwill to be deductible for tax purposes. The following table summarizes the preliminary allocation of purchase price and the estimated fair values of the assets acquired and liabilities assumed at the date of the acquisition: Working capital (a) $ 163 Property and equipment 1,004 Intangible assets 586 Goodwill 810 Historical Avintiv debt assumed (53 ) Non-controlling interest (63 ) Deferred purchase price (30 ) Other assets and long-term liabilities (157 ) (a) Includes a $ 7 The deferred purchase price relates to certain tax claims of Companhia Providência Indústria e Comércio ("Providência") at the time Providência was acquired by Avintiv. If the claims are resolved in the Company's favor, the deferred purchase price will be paid to the legacy Providência shareholders. However, if the Company or Providência incur actual tax liability in respect to these claims, the amount of deferred purchase price 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 purchase price and the cash consideration deposited into escrow. Unaudited pro forma net sales were $ 1.7 3.4 8 15 The unaudited pro forma information presented above is for informational purposes only and is not necessarily indicative of the operating results that would have occurred had the Avintiv acquisition been consummated at the beginning of the period, nor is it necessarily indicative of future operating results. Further, the information reflects only pro forma adjustments for additional interest expense, depreciation, and amortization, net of the applicable income tax effects.

Accounts Receivable Factoring A

Accounts Receivable Factoring Agreements	6 Months Ended
	Apr. 02, 2016
Accounts Receivable Factoring Agreements [Abstract]
Accounts Receivable Factoring Agreements	4. Accounts Receivable Factoring Agreements A number of the Company's foreign subsidiaries have entered into factoring agreements to sell certain receivables to unrelated third-party financial institutions. The Company accounts for these transactions in accordance with ASC 860, "Transfers and Servicing" ("ASC 860"). ASC 860 allows for the ownership transfer of accounts receivable to qualify for sale treatment when the appropriate criteria is met, which permits the Company to present the balances sold under the program to be excluded from Accounts receivable, net on the Consolidated Balance Sheets. Receivables are considered sold when (i) they are transferred beyond the reach of the Company and its creditors, (ii) the purchaser has the right to pledge or exchange the receivables, and (iii) the Company has surrendered control over the transferred receivables. In addition, the Company provides no other forms of continued financial support to the purchaser of the receivables once the receivables are sold. The table below summarizes the total amount of accounts receivable on the Consolidated Balance Sheets, sold under these factoring arrangements as of the end of the second fiscal quarter: April 2, September 26, 2016 2015 Trade receivables sold to financial institutions $ 28 $ - Net amounts advanced from financial institutions (23 ) - Amounts due from financial institutions $ 5 $ - In addition to the programs described above, the Company has a U.S. based program where certain U.S. based receivables are sold to unrelated third-party financial institutions. There were no amounts outstanding from the financial institutions related to U.S. based programs at April 2, 2016. The fees associated with transfer of receivables for all programs were not material for any of the quarterly periods and the two quarterly periods ended April 2, 2016 and March 28, 2015, respectively .

Restructuring And Impairment Ch

Restructuring And Impairment Charges	6 Months Ended
	Apr. 02, 2016
Restructuring And Impairment Charges [Abstract]
Restructuring And Impairment Charges	5. Restructuring and Impairment Charges The Company incurred restructuring costs related to severance, asset impairment, and facility exit costs of $7 million and $3 million for the quarterly periods ended and $23 million and $8 million for the two quarterly periods ended April 2, 2016 and March 28, 2015, respectively. The tables below set forth the significant components of the restructuring charges recognized, by segment : Two Quarterly Periods Quarterly Period Ended Ended April 2, March 28, April 2, March 28, 2016 2015 2016 2015 Consumer Packaging $ 2 $ 3 $ 5 $ 8 Health, Hygiene & Specialties 4 — 16 — Engineered Materials 1 — 2 — Consolidated $ 7 $ 3 $ 23 $ 8 The table below sets forth the activity with respect to the restructuring accrual at April 2, 2016: Severance and Facilities termination exit costs benefits and other Total Balance at September 26, 2015 $ 2 $ 8 $ 10 Charges 20 3 23 Non-cash asset impairment — — — Cash payments (7 ) (4 ) (11 ) Balance at April 2, 2016 $ 15 $ 7 $ 22

Accrued Expenses, Other Current

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities	6 Months Ended
	Apr. 02, 2016
Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities [Abstract]
Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities	6. Accrued Expenses, Other Current Liabilities and Other Long-Term Liabilities The following table sets forth the totals included in Accrued expenses and other current liabilities on the Consolidated Balance Sheets: April 2, September 26, 2016 2015 Employee compensation, payroll and other $ 139 $ 95 Interest 42 38 Rebates 48 53 Restructuring 22 10 Accrued taxes 52 20 Tax receivable agreement obligation 70 57 Accrued operating expenses 92 65 $ 465 $ 338 The following table sets forth the totals included in Other long-term liabilities on the Consolidated Balance Sheets: April 2, September 26, 2016 2015 Lease retirement obligation $ 34 $ 32 Sale-lease back deferred gain 27 28 Pension liability 76 57 Deferred purchase price 36 — Tax receivable agreement obligation 105 175 Interest rate swaps 51 36 Other 44 13 $ 373 $ 341 The Company made $ 57 46 85

Long-Term Debt

Long-Term Debt	6 Months Ended
	Apr. 02, 2016
Long-Term Debt [Abstract]
Long-Term Debt	7. Long-Term Debt Long-term debt consists of the following: April 2, September 26, Maturity Date 2016 2015 Term loan February 2020 $ 1,358 $ 1,369 Term loan January 2021 1,019 1,019 Term loan October 2022 1,895 — Revolving line of credit May 2020 — — 5 1 / 8 % Second Priority Senior Secured Notes July 2023 700 700 5 1 / 2 % Second Priority Senior Secured Notes May 2022 500 500 6% Second Priority Senior Secured Notes October 2022 400 — Debt discounts and deferred fees (65 ) (29 ) Capital leases and other Various 180 126 Total long-term debt 5,987 3,685 Current portion of long-term debt (73 ) (37 ) Long-term debt, less current portion $ 5,914 $ 3,648 The Company's senior secured credit facilities consist of $ 4.3 650 The Company elected to make voluntary one-time principal payments of $ 50 100 50 Term Loan In October 2015, the Company entered into an incremental assumption agreement to increase the commitments under the existing term loan credit agreement by $ 2.1 3.00 1.00 11 25 6% Second Priority Senior Secured Notes In October 2015, the Company issued $ 400 6 October 2022 5

Financial Instruments And Fair

Financial Instruments And Fair Value Measurements	6 Months Ended
	Apr. 02, 2016
Financial Instruments And Fair Value Measurements [Abstract]
Financial Instruments And Fair Value Measurements	8. Financial Instruments and Fair Value Measurements 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 interest rates and foreign currencies. These financial instruments are not used for trading or other speculative purposes. For those derivative instruments that are designated and qualify as hedging instruments, the Company must designate the hedging instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge, or a hedge of a net investment in a foreign operation. To the extent hedging relationships are found to be effective, as determined by FASB guidance, changes in the fair value of the derivatives are offset by changes in the fair value of the related hedged item and recorded to Accumulated other comprehensive loss. Management believes hedge effectiveness is evaluated properly in preparation of the financial statements. Foreign Currency Forward Contracts Not Designated as Hedges The primary purposes of our foreign currency hedging activities is to manage the potential changes in value associated with the changes in foreign currencies related to foreign currency-denominated interest-bearing intercompany loans. The changes in fair value of these derivative contracts are recognized in other income, net, on our consolidated statements of operations and are largely offset by the remeasurement of the underlying intercompany loan. These contracts are entered into and settled within the given reporting period. Cash Flow Hedging Strategy For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative instrument is reported as a component of Accumulated other comprehensive loss and reclassified into earnings in the same line item associated with the forecasted transaction and in the same period or periods during which the hedged transaction affects earnings. The categorization of the framework used to price these derivative instruments is considered a Level 3, due to the subjective nature of the unobservable inputs used to determine the fair value. In February 2013, the Company entered into an interest rate swap transaction to manage cash flow variability associated with $ 1 1.00 three 2.355 May 2016 May 2019 16 In March 2014, the Company entered into an interest rate swap transaction to manage cash flow variability associated with $ 1 1.00 three 2.59 February 2016 February 2019 In September 2015, the Company entered into an interest rate swap transaction to manage cash flow variability associated with $ 1 1.00 annual 1.7185 December 2015 June 2019 The Company records the changes in fair value of interest rate swaps in Accumulated other comprehensive income and Deferred income taxes. April 2, September 26, Derivatives instruments Balance Sheet Location 2016 2015 Interest rate swaps Other long-term liabilities $ 51 $ 36 The effect of the Company's derivative instruments on the Consolidated Statement of Operations is as follows: Two Quarterly Period Quarterly Period Ended Ended Statement of April 2, March 28, April 2, March 28, Derivatives instruments Operations Location 2016 2015 2016 2015 Interest rate swaps Interest expense, net $ 4 $ — $ 4 $ — Foreign currency swaps Other (income) expense $ 7 $ — $ 6 $ — Non-recurring Fair Value Measurements The Company has certain assets that are measured at fair value on a non-recurring basis when impairment indicators are present. The assets are adjusted to fair value only when the carrying values exceed the fair values. The categorization of the framework used to price the assets is considered Level 3, due to the subjective nature of the unobservable inputs used to determine the fair value. These assets include primarily 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. The Company determined Goodwill and other indefinite lived assets were not impaired in our annual fiscal 2015 assessment. As a result of the segment reorganization that occurred during the January 2, 2016 quarter, the Company conducted the qualitative assessment and determined it was more likely than not that the fair value of each reporting units exceeded the carrying amount as of the measurement date. No impairment indicators were identified in the current quarter. Included in the following table are the major categories of assets measured at fair value on a non-recurring basis as of April 2, 2016 and September 26, 2015, along with the impairment loss recognized on the fair value measurement during the period: As of April 2, 2016 Level 1 Level 2 Level 3 Total Impairment Indefinite-lived trademarks $ — $ — $ 207 $ 207 $ — Goodwill — — 2,517 2,517 — Definite lived intangible assets — — 1,014 1,014 — Property, plant, and equipment — — 2,317 2,317 — Total $ — $ — $ 6,055 $ 6,055 $ — As of September 26, 2015 Level 1 Level 2 Level 3 Total Impairment Indefinite-lived trademarks $ — $ — $ 207 $ 207 $ — Goodwill — — 1,652 1,652 — Definite lived intangible assets — — 486 486 — Property, plant, and equipment — — 1,294 1,294 2 Total $ — $ — $ 3,639 $ 3,639 $ 2 The Company's financial instruments consist primarily of cash and cash equivalents and long-term debt. The fair value of our marketable long-term indebtedness exceeded book value by $ 53

Income Taxes

Income Taxes	6 Months Ended
	Apr. 02, 2016
Income Taxes [Abstract]
Income Taxes	9. Income Taxes The Company's effective tax rate was 40 36 40 33

Operating Segments

Operating Segments	6 Months Ended
	Apr. 02, 2016
Operating Segments [Abstract]
Operating Segments	10. Operating Segments In November 2015 the Company reorganized into three Two Quarterly Periods Quarterly Period Ended Ended April 2, March 28, April 2, March 28, 2016 2015 2016 2015 Net sales: Consumer Packaging $ 687 $ 719 $ 1,370 $ 1,432 Health, Hygiene & Specialties 568 133 1,132 261 Engineered Materials 359 372 724 751 Total net sales $ 1,614 $ 1,224 $ 3,226 $ 2,444 Operating income : Consumer Packaging $ 67 $ 65 $ 110 $ 93 Health, Hygiene & Specialties 53 10 58 17 Engineered Materials 45 37 83 70 Total operating income $ 165 $ 112 $ 251 $ 180 Depreciation and amortization: Consumer Packaging $ 63 $ 56 $ 130 $ 118 Health, Hygiene & Specialties 49 8 103 18 Engineered Materials 19 21 37 40 Total depreciation and amortization $ 131 $ 85 $ 270 $ 176 April 2, September 26, 2016 2015 Total assets: Consumer Packaging $ 3,639 $ 3,832 Health, Hygiene, & Specialties 3,440 385 Engineered Materials 719 811 Total assets $ 7,798 $ 5,028 Goodwill: Consumer Packaging $ 1,521 $ 1,520 Health, Hygiene, & Specialties 912 48 Engineered Materials 84 84 Total goodwill $ 2,517 $ 1,652 Selected information by geography is presented in the following tables: Two Quarterly Periods Quarterly Period Ended Ended April 2, March 28, April 2, March 28, 2016 2015 2016 2015 Net sales: North America $ 1,303 $ 1,178 $ 2,610 $ 2,346 South America 80 2 159 4 Europe 166 29 323 61 Asia 65 15 134 33 Total net sales $ 1,614 $ 1,224 $ 3,226 $ 2,444 April 2, September 26, 2016 2015 Long-lived assets: North America $ 4,246 $ 3,510 South America 752 5 Europe 820 79 Asia 268 51 Total Long-lived assets $ 6,086 $ 3,645 Goodwill In connection with the change in reporting segments, the Company allocated the goodwill to the new segments under the provisions of ASC 350. The changes in the carrying amount of goodwill by reportable segment due to the current year realignment are as follows: Rigid Rigid Engineered Flexible Consumer Health, Open Top Closed Top Materials Packaging Packaging Hygiene & Total Specialties Balance as of September 26, 2015 $ 681 $ 823 $ 69 $ 79 $ - $ - $ 1,652 Segment reorganization (681 ) (823 ) 15 (79 ) 1,520 48 - Acquisitions, net - - - - - 825 825 Foreign currency translation adjustment - - - - 1 39 40 Balance as of April 2, 2016 $ - $ - $ 84 $ - $ 1,521 $ 912 $ 2,517

Contingencies And Commitments

Contingencies And Commitments	6 Months Ended
	Apr. 02, 2016
Contingencies And Commitments [Abstract]
Contingencies And Commitments	11. Contingencies and Commitments The Company is party to various legal proceedings in addition to the above 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, management believes that any ultimate liability would not be material to its financial statements. The Company has various purchase commitments for raw materials, supplies, and property and equipment incidental to the ordinary conduct of business.

Basic And Diluted Net Income Pe

Basic And Diluted Net Income Per Share	6 Months Ended
	Apr. 02, 2016
Basic And Diluted Net Income Per Share [Abstract]
Basic And Diluted Net Income Per Share	12. Basic and Diluted Net Income per Share Basic net income per share 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. Diluted net income per share is computed by dividing the net income attributable to common stockholders by the weighted-average number of common share equivalents outstanding for the period determined using the treasury-stock method and the if-converted method. For purposes of this calculation, stock options are considered to be common stock equivalents and are only included in the calculation of diluted net income per share when their effect is dilutive. The following tables and discussion provide a reconciliation of the numerator and denominator of the basic and diluted net income per share computations. The calculation below provides net income on both basic and diluted basis for the quarterly periods and two quarterly periods ended April 2, 2016 and March 28, 2015: Quarterly Period Ended Two Quarterly Periods Ended April 2, March 28, April 2, March 28, (in millions, except per share amounts) 2016 2015 2016 2015 Numerator Consolidated net income $ 59 $ 38 $ 63 $ 51 Denominator Weighted average common shares outstanding - basic 120.5 119.0 120.3 118.7 Dilutive shares 3.9 5.1 3.7 4.7 Weighted average common and common equivalent shares outstanding - diluted 124.4 124.1 124.0 123.4 Per common share income Basic $ 0.49 $ 0.32 $ 0.52 $ 0.43 Diluted $ 0.47 $ 0.31 $ 0.51 $ 0.41

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Apr. 02, 2016
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss)	13. Accumulated Other Comprehensive Income (Loss) The components and activity of Accumulated other comprehensive income (loss) are as follows: Defined Benefit Accumulated Pension and Other Currency Retiree Health Interest Rate Comprehensive (Amounts presented net of taxes) Translation Benefit Plans Hedges Income (Loss) Balance at September 26, 2015 $ (81 ) $ (25 ) $ (13 ) $ (119 ) Other comprehensive income (loss) before reclassifications 55 — (13 ) 42 Net amount reclassified from accumulated other comprehensive income (loss) — — 4 4 Balance at April 2, 2016 $ (26 ) $ (25 ) $ (22 ) $ (73 ) Defined Benefit Accumulated Pension and Other Currency Retiree Health Interest Rate Comprehensive (Amounts presented net of taxes) Translation Benefit Plans Hedges Income (Loss) Balance at September 27, 2014 $ (36 ) $ (15 ) $ 8 $ (43 ) Other comprehensive income (loss) before reclassifications (34 ) — (14 ) (48 ) Net amount reclassified from accumulated — — — — other comprehensive income (loss) Balance at March 28, 2015 $ (70 ) $ (15 ) $ (6 ) $ (91 ) The tax impact on the change in interest rate hedges was $6 million for both the two quarterly periods ended April 2, 2016 and March 28, 2015.

Purchase Of Non-Controlling Int

Purchase Of Non-Controlling Interest	6 Months Ended
	Apr. 02, 2016
Noncontrolling Interest [Abstract]
Purchase Of Non-controlling Interest	14. Purchase of Non-controlling Interest At the time of our acquisition, Avintiv owned a 71.25 28.75 66

Guarantor And Non-Guarantor Fin

Guarantor And Non-Guarantor Financial Information	6 Months Ended
	Apr. 02, 2016
Guarantor And Non-Guarantor Financial Information [Abstract]
Guarantor And Non-Guarantor Financial Information	15. Guarantor and Non-Guarantor Financial Information Berry Plastics Corporation ("Issuer") has notes outstanding which are fully, jointly, severally, and unconditionally guaranteed by its parent, Berry Plastics Group, Inc. (for purposes of this Note 15, "Parent") and substantially all of Issuer's domestic subsidiaries. Separate narrative information or financial statements of the guarantor subsidiaries have not been included because they are 100 Condensed Supplemental Consolidated Balance Sheet April 2, 2016 Non— Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Current assets 1 90 968 653 — 1,712 Intercompany receivable 412 3,023 — — (3,435 ) — Property, plant, and equipment, net — 76 1,498 743 — 2,317 Other assets 195 3,973 4,113 1,240 (5,752 ) 3,769 Total assets $ 608 $ 7,162 $ 6,579 $ 2,636 $ (9,187 ) $ 7,798 Current liabilities 70 212 482 314 — 1,078 Intercompany payable — — 3,390 45 (3,435 ) — Other long-term liabilities 460 6,025 111 46 — 6,642 Redeemable non-controlling interest 12 — — 12 (12 ) 12 Stockholders' equity (deficit) 66 925 2,596 2,219 (5,740 ) 66 Total liabilities and stockholders' equity (deficit) $ 608 $ 7,162 $ 6,579 2,636 $ (9,187 ) $ 7,798 September 26, 2015 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Current assets 162 257 767 197 — 1,383 Intercompany receivable 329 2,963 — 83 (3,375 ) — Property, plant and equipment, net — 79 1,111 104 — 1,294 Other assets 75 1,553 2,152 102 (1,531 ) 2,351 Total assets $ 566 $ 4,852 $ 4,030 $ 486 $ (4,906 ) $ 5,028 Current liabilities 57 205 366 77 — 705 Intercompany payable — — 3,375 — (3,375 ) — Other long-term liabilities 562 3,769 39 6 — 4,376 Redeemable non-controlling interest 12 — — — — 12 Stockholders' equity (deficit) (65 ) 878 250 403 (1,531 ) (65 ) Total liabilities and stockholders' equity (deficit) $ 566 $ 4,852 $ 4,030 $ 486 $ (4,906 ) $ 5,028 Condensed Supplemental Consolidated Statements of Operations Quarterly Period Ended April 2, 2016 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 142 $ 1,070 $ 402 $ — $ 1,614 Cost of goods sold — 110 841 318 — 1,269 Selling, general and administrative — 27 83 28 — 138 Amortization of intangibles — 2 24 9 — 35 Restructuring and impairment charges — — 6 1 — 7 Operating income — 3 116 46 — 165 Other expense (income), net — 12 (3 ) (16 ) — (7 ) Interest expense, net — 9 49 16 — 74 Equity in net income of subsidiaries (98 ) (104 ) — — 202 — Income (loss) before income taxes 98 86 70 46 (202 ) 98 Income tax expense (benefit) 39 27 1 11 (39 ) 39 Consolidated net income (loss) $ 59 $ 59 $ 69 $ 35 $ (163 ) $ 59 Comprehensive net income (loss) $ 59 $ 47 $ 69 $ 119 $ (163 ) $ 131 Quarterly Period Ended March 28, 2015 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 150 $ 962 $ 112 $ — $ 1,224 Cost of goods sold — 126 784 87 — 997 Selling, general and administrative — 17 61 11 — 89 Amortization of intangibles — 2 19 2 — 23 Restructuring and impairment charges — — 3 — — 3 Operating income — 5 95 12 — 112 Other income, net — 2 (1 ) — — 1 Interest expense, net — 6 41 5 — 52 Equity in net income of subsidiaries (59 ) (60 ) — — 119 — Income (loss) before income taxes 59 57 55 7 (119 ) 59 Income tax expense (benefit) 21 20 — 1 (21 ) 21 Consolidated net income (loss) $ 38 $ 37 $ 55 $ 6 $ (98 ) $ 38 Comprehensive net income (loss) $ 38 $ 24 $ 59 $ (14 ) $ (98 ) $ 9 Two Quarterly Periods Ended April 2, 2016 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 292 $ 2,062 $ 872 $ — $ 3,226 Cost of goods sold — 233 1,656 700 — 2,589 Selling, general and administrative — 83 158 51 — 292 Amortization of intangibles — 4 50 17 — 71 Restructuring and impairment charges — — 22 1 — 23 Operating income — (28 ) 176 103 — 251 Other expense (income), net — 11 (7 ) (7 ) — (3 ) Interest expense, net — 18 95 36 — 149 Equity in net income of subsidiaries (105 ) (139 ) — — 244 — Income (loss) before income taxes 105 82 88 74 (244 ) 105 Income tax expense (benefit) 42 19 1 22 (42 ) 42 Consolidated net income (loss) $ 63 $ 63 $ 87 $ 52 $ (202 ) $ 63 Comprehensive net income (loss) $ 63 $ 54 $ 87 $ 107 $ (202 ) $ 109 Consolidating Statement of Cash Flows Cash Flow from Operating Activities $ — $ 15 $ 249 $ 97 $ — $ 361 Cash Flow from Investing Activities Additions to property, plant, and equipment — (5 ) (143 ) (25 ) — (173 ) Proceeds from sale of assets — — 4 — — 4 (Contributions) distributions to/from subsidiaries (11 ) (2,249 ) — — 2,260 — Intercompany advances (repayments) — (110 ) — — 110 — Acquisition of business, net of cash acquired — — (291 ) (1,992 ) — (2,283 ) Net cash from investing activities (11 ) (2,364 ) (430 ) (2,017 ) 2,370 (2,452 ) Cash Flow from Financing Activities Proceeds from long-term debt — 2,490 — — — 2,490 Purchase of non-controlling interest — — (66 ) — — (66 ) Proceeds from issuance of common stock 11 — — — — 11 Payment of tax receivable agreement (57 ) — — — — (57 ) Repayments on long-term borrowings — (243 ) — (24 ) — (267 ) Contribution from Parent — — 291 1,969 (2,260 ) — Debt financing costs — (37 ) — — — (37 ) Changes in intercompany balances 57 — (34 ) 87 (110 ) — Net cash from financing activities 11 2,210 191 2,032 (2,370 ) 2,074 Effect of exchange rate changes on cash — — — 1 — 1 Net change in cash — (139 ) 10 113 — (16 ) Cash and cash equivalents at beginning of period — 163 — 65 — 228 Cash and cash equivalents at end of period $ — $ 24 $ 10 $ 178 $ — $ 212 Two Quarterly Periods Ended March 28, 2015 Non— Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 309 $ 1910 $ 225 $ — $ 2,444 Cost of goods sold — 273 1,593 168 — 2,034 Selling, general and administrative — 33 120 21 — 174 Amortization of intangibles — 4 40 4 — 48 Restructuring and impairment charges — — 8 — — 8 Operating income (loss) — (1 ) 149 32 — 180 Other income, net — 1 (1 ) — — — Interest expense, net — 13 82 10 — 105 Equity in net income of subsidiaries (75 ) (88 ) — — 163 — Income (loss) before income taxes 75 73 68 22 (163 ) 75 Income tax expense (benefit) 24 22 — 2 (24 ) 24 Consolidated net income (loss) $ 51 $ 51 $ 68 $ 20 $ (139 ) $ 51 Comprehensive net income (loss) $ 51 $ 37 $ 68 $ (14 ) $ (139 ) $ 3 Consolidating Statement of Cash Flows Cash Flow from Operating Activities $ — $ (35 ) $ 230 $ 18 $ (1 ) $ 212 Cash Flow from Investing Activities Additions to property, plant, and equipment — (10 ) (66 ) (3 ) — (79 ) Proceeds from sale of assets — — 13 — — 13 (Contributions) distributions to/from subsidiaries (13 ) 13 — — — — Intercompany advances (repayments) — 136 — — (136 ) — Acquisition of business, net of cash acquired — — — — — — Net cash from investing activities (13 ) 139 (53 ) (3 ) (136 ) (66 ) Cash Flow from Financing Activities Proceeds from issuance of common stock 13 — — — — 13 Payment of tax receivable agreement (39 ) — — — — (39 ) Repayments on long-term borrowings — (124 ) — (1 ) — (125 ) Changes in intercompany balances 39 — (179 ) 3 137 — Net cash from financing activities 13 (124 ) (179 ) 2 137 (151 ) Effect of exchange rate changes on cash — — — (5 ) — (5 ) Net change in cash — (20 ) (2 ) 12 — (10 ) Cash and cash equivalents at beginning of period — 70 15 44 — 129 Cash and cash equivalents at end of period $ — $ 50 $ 13 $ 56 $ — $ 119

Recently Issued Accounting Pr22

Recently Issued Accounting Pronouncements (Policy)	6 Months Ended
	Apr. 02, 2016
Recently Issued Accounting Pronouncements [Abstract]
Inventory	Inventory In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory to simplify the guidance on the subsequent measurement of inventory, excluding inventory measured using last-in, first out or the retail inventory method. Under the new standard, inventory should be at the lower of cost and net realizable value. The new accounting guidance is effective for interim and annual periods beginning after December 15, 2016 with early adoption permitted. The Company elected to early adopt this guidance, effective at the beginning of fiscal 2016. Its effect did not have a material impact on our financial statements.
Business Combinations	Business Combinations In September 2015, the FASB issued ASU 2015-16, Business Combinations (Topic 805), Simplifying the Accounting for Measurement-Period Adjustments which requires that the cumulative impact of a measurement period adjustment (including the impact on prior periods) be recognized in the reporting period in which the adjustment is identified. Entities should present separately on the face of the income statement or disclose in the footnotes the portion of the measurement period adjustment recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment had been recognized as of the acquisition date. The new guidance is effective for interim and annual periods beginning after December 15, 2015 with early adoption permitted. The Company elected to early adopt this guidance, effective at the beginning of fiscal 2016. We will continue to consider the impact of such guidance on our recording of the AVINTIV, Inc. business combination.
Income Taxes	Income Taxes In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes which simplifies the presentation of deferred income taxes. This update requires that deferred tax assets and liabilities be classified as non-current in a statement of financial position. The update is effective for financial periods beginning after December 15, 2017; however, early application is permitted. The Company adopted this guidance effective at the beginning of fiscal 2016, on a prospective basis, resulting in a $ 175
Leases	Leases In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Under the new standard, the lessee of an operating lease will be required to do the following: 1) recognize a right-of-use asset and a lease liability in the statement of financial position, 2) recognize a single lease cost allocated over the lease term generally on a straight-line basis, and 3) classify all cash payments within operating activities on the statement of cash flows. Companies will be required to adopt this standard on a modified retrospective approach, and amendments in this guidance are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted. The Company is currently evaluating the impact of this guidance.
Stock Compensation	Stock Compensation In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting, as part of its Simplification Initiative. The new guidance will require all income tax effects of awards to be recognized in the income statement when the awards vest or are settled. It also will allow an employer to repurchase more of an employee's shares than it can today for tax withholding purposes without triggering liability accounting and to make a policy election for forfeitures as they occur. The guidance is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The Company is currently evaluating the impact of this guidance.

Acquisition (Tables)

Acquisition (Tables)	6 Months Ended
	Apr. 02, 2016
Acquisition [Abstract]
Summary Of Acquisition	Working capital (a) $ 163 Property and equipment 1,004 Intangible assets 586 Goodwill 810 Historical Avintiv debt assumed (53 ) Non-controlling interest (63 ) Deferred purchase price (30 ) Other assets and long-term liabilities (157 ) (a) Includes a $7 million step up of inventory to fair value

Accounts Receivable Factoring24

Accounts Receivable Factoring Agreements (Tables)	6 Months Ended
	Apr. 02, 2016
Accounts Receivable Factoring Agreements [Abstract]
Summary Of Accounts Receivable Sold	April 2, September 26, 2016 2015 Trade receivables sold to financial institutions $ 28 $ - Net amounts advanced from financial institutions (23 ) - Amounts due from financial institutions $ 5 $ -

Restructuring And Impairment 25

Restructuring And Impairment Charges (Tables)	6 Months Ended
	Apr. 02, 2016
Restructuring And Impairment Charges [Abstract]
Components Of Restructuring Charges By Segment	Two Quarterly Periods Quarterly Period Ended Ended April 2, March 28, April 2, March 28, 2016 2015 2016 2015 Consumer Packaging $ 2 $ 3 $ 5 $ 8 Health, Hygiene & Specialties 4 — 16 — Engineered Materials 1 — 2 — Consolidated $ 7 $ 3 $ 23 $ 8
Schedule Of Restructuring Accrual Costs	Severance and Facilities termination exit costs benefits and other Total Balance at September 26, 2015 $ 2 $ 8 $ 10 Charges 20 3 23 Non-cash asset impairment — — — Cash payments (7 ) (4 ) (11 ) Balance at April 2, 2016 $ 15 $ 7 $ 22

Accrued Expenses, Other Curre26

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities (Tables)	6 Months Ended
	Apr. 02, 2016
Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities [Abstract]
Summary Of Accrued Expenses And Other Current Liabilities	April 2, September 26, 2016 2015 Employee compensation, payroll and other $ 139 $ 95 Interest 42 38 Rebates 48 53 Restructuring 22 10 Accrued taxes 52 20 Tax receivable agreement obligation 70 57 Accrued operating expenses 92 65 $ 465 $ 338
Summary Of Other Long-Term Liabilities	April 2, September 26, 2016 2015 Lease retirement obligation $ 34 $ 32 Sale-lease back deferred gain 27 28 Pension liability 76 57 Deferred purchase price 36 — Tax receivable agreement obligation 105 175 Interest rate swaps 51 36 Other 44 13 $ 373 $ 341

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Apr. 02, 2016
Long-Term Debt [Abstract]
Schedule Of Long-Term Debt	April 2, September 26, Maturity Date 2016 2015 Term loan February 2020 $ 1,358 $ 1,369 Term loan January 2021 1,019 1,019 Term loan October 2022 1,895 — Revolving line of credit May 2020 — — 5 1 / 8 % Second Priority Senior Secured Notes July 2023 700 700 5 1 / 2 % Second Priority Senior Secured Notes May 2022 500 500 6% Second Priority Senior Secured Notes October 2022 400 — Debt discounts and deferred fees (65 ) (29 ) Capital leases and other Various 180 126 Total long-term debt 5,987 3,685 Current portion of long-term debt (73 ) (37 ) Long-term debt, less current portion $ 5,914 $ 3,648

Financial Instruments And Fai28

Financial Instruments And Fair Value Measurements (Tables)	6 Months Ended
	Apr. 02, 2016
Financial Instruments And Fair Value Measurements [Abstract]
Schedule Of Derivatives Instruments	April 2, September 26, Derivatives instruments Balance Sheet Location 2016 2015 Interest rate swap Other long-term liabilities $ 51 $ 36
Schedule Of Derivatives Not Designated As Hedging, By Statement Of Operations Location	Two Quarterly Period Quarterly Period Ended Ended Statement of April 2, March 28, April 2, March 28, Derivatives instruments Operations Location 2016 2015 2016 2015 Interest rate swaps Interest expense, net $ 4 $ — $ 4 $ — Foreign currency swaps Other (income) expense $ 7 $ — $ 6 $ —
Schedule Of Fair Value Assets Measured On Nonrecurring Basis	As of April 2, 2016 Level 1 Level 2 Level 3 Total Impairment Indefinite-lived trademarks $ — $ — $ 207 $ 207 $ — Goodwill — — 2,517 2,517 — Definite lived intangible assets — — 1,014 1,014 — Property, plant, and equipment — — 2,317 2,317 — Total $ — $ — $ 6,055 $ 6,055 $ — As of September 26, 2015 Level 1 Level 2 Level 3 Total Impairment Indefinite-lived trademarks $ — $ — $ 207 $ 207 $ — Goodwill — — 1,652 1,652 — Definite lived intangible assets — — 486 486 — Property, plant, and equipment — — 1,294 1,294 2 Total $ — $ — $ 3,639 $ 3,639 $ 2

Operating Segments (Tables)

Operating Segments (Tables)	6 Months Ended
	Apr. 02, 2016
Operating Segments [Abstract]
Summary Of Selected Information By Reportable Segment	Two Quarterly Periods Quarterly Period Ended Ended April 2, March 28, April 2, March 28, 2016 2015 2016 2015 Net sales: Consumer Packaging $ 687 $ 719 $ 1,370 $ 1,432 Health, Hygiene & Specialties 568 133 1,132 261 Engineered Materials 359 372 724 751 Total net sales $ 1,614 $ 1,224 $ 3,226 $ 2,444 Operating income : Consumer Packaging $ 67 $ 65 $ 110 $ 93 Health, Hygiene & Specialties 53 10 58 17 Engineered Materials 45 37 83 70 Total operating income $ 165 $ 112 $ 251 $ 180 Depreciation and amortization: Consumer Packaging $ 63 $ 56 $ 130 $ 118 Health, Hygiene & Specialties 49 8 103 18 Engineered Materials 19 21 37 40 Total depreciation and amortization $ 131 $ 85 $ 270 $ 176
Summary Of Assets And Goodwill By Segment	April 2, September 26, 2016 2015 Total assets: Consumer Packaging $ 3,639 $ 3,832 Health, Hygiene, & Specialties 3,440 385 Engineered Materials 719 811 Total assets $ 7,798 $ 5,028 Goodwill: Consumer Packaging $ 1,521 $ 1,520 Health, Hygiene, & Specialties 912 48 Engineered Materials 84 84 Total goodwill $ 2,517 $ 1,652
Summary Of Selected Information By Geography	Two Quarterly Periods Quarterly Period Ended Ended April 2, March 28, April 2, March 28, 2016 2015 2016 2015 Net sales: North America $ 1,303 $ 1,178 $ 2,610 $ 2,346 South America 80 2 159 4 Europe 166 29 323 61 Asia 65 15 134 33 Total net sales $ 1,614 $ 1,224 $ 3,226 $ 2,444
Summary Of Long-Lived Assets By Geography	April 2, September 26, 2016 2015 Long-lived assets: North America $ 4,246 $ 3,510 South America 752 5 Europe 820 79 Asia 268 51 Total Long-lived assets $ 6,086 $ 3,645
Changes In The Carrying Amount Of Goodwill	Rigid Rigid Engineered Flexible Consumer Health, Open Top Closed Top Materials Packaging Packaging Hygiene & Total Specialties Balance as of September 26, 2015 $ 681 $ 823 $ 69 $ 79 $ - $ - $ 1,652 Segment reorganization (681 ) (823 ) 15 (79 ) 1,520 48 - Acquisitions, net - - - - - 825 825 Foreign currency translation adjustment - - - - 1 39 40 Balance as of April 2, 2016 $ - $ - $ 84 $ - $ 1,521 $ 912 $ 2,517

Basic And Diluted Net Income 30

Basic And Diluted Net Income Per Share (Tables)	6 Months Ended
	Apr. 02, 2016
Basic And Diluted Net Income Per Share [Abstract]
Schedule Of Net Income Per Share	Quarterly Period Ended Two Quarterly Periods Ended April 2, March 28, April 2, March 28, (in millions, except per share amounts) 2016 2015 2016 2015 Numerator Consolidated net income $ 59 $ 38 $ 63 $ 51 Denominator Weighted average common shares outstanding - basic 120.5 119.0 120.3 118.7 Dilutive shares 3.9 5.1 3.7 4.7 Weighted average common and common equivalent shares outstanding - diluted 124.4 124.1 124.0 123.4 Per common share income Basic $ 0.49 $ 0.32 $ 0.52 $ 0.43 Diluted $ 0.47 $ 0.31 $ 0.51 $ 0.41

Accumulated Other Comprehensi31

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Apr. 02, 2016
Accumulated Other Comprehensive Income (Loss) [Abstract]
Schedule Of Accumulated Other Comprehensive Income (Loss)	Defined Benefit Accumulated Pension and Other Currency Retiree Health Interest Rate Comprehensive (Amounts presented net of taxes) Translation Benefit Plans Hedges Income (Loss) Balance at September 26, 2015 $ (81 ) $ (25 ) $ (13 ) $ (119 ) Other comprehensive income (loss) before reclassifications 55 — (13 ) 42 Net amount reclassified from accumulated other comprehensive income (loss) — — 4 4 Balance at April 2, 2016 $ (26 ) $ (25 ) $ (22 ) $ (73 ) Defined Benefit Accumulated Pension and Other Currency Retiree Health Interest Rate Comprehensive (Amounts presented net of taxes) Translation Benefit Plans Hedges Income (Loss) Balance at September 27, 2014 $ (36 ) $ (15 ) $ 8 $ (43 ) Other comprehensive income (loss) before reclassifications (34 ) — (14 ) (48 ) Net amount reclassified from accumulated — — — — other comprehensive income (loss) Balance at March 28, 2015 $ (70 ) $ (15 ) $ (6 ) $ (91 )

Guarantor And Non-Guarantor F32

Guarantor And Non-Guarantor Financial Information (Tables)	6 Months Ended
	Apr. 02, 2016
Guarantor And Non-Guarantor Financial Information [Abstract]
Condensed Supplemental Consolidated Financial Information	Condensed Supplemental Consolidated Balance Sheet April 2, 2016 Non— Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Current assets 1 90 968 653 — 1,712 Intercompany receivable 412 3,023 — — (3,435 ) — Property, plant, and equipment, net — 76 1,498 743 — 2,317 Other assets 195 3,973 4,113 1,240 (5,752 ) 3,769 Total assets $ 608 $ 7,162 $ 6,579 $ 2,636 $ (9,187 ) $ 7,798 Current liabilities 70 212 482 314 — 1,078 Intercompany payable — — 3,390 45 (3,435 ) — Other long-term liabilities 460 6,025 111 46 — 6,642 Redeemable non-controlling interest 12 — — 12 (12 ) 12 Stockholders' equity (deficit) 66 925 2,596 2,219 (5,740 ) 66 Total liabilities and stockholders' equity (deficit) $ 608 $ 7,162 $ 6,579 2,636 $ (9,187 ) $ 7,798 September 26, 2015 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Current assets 162 257 767 197 — 1,383 Intercompany receivable 329 2,963 — 83 (3,375 ) — Property, plant and equipment, net — 79 1,111 104 — 1,294 Other assets 75 1,553 2,152 102 (1,531 ) 2,351 Total assets $ 566 $ 4,852 $ 4,030 $ 486 $ (4,906 ) $ 5,028 Current liabilities 57 205 366 77 — 705 Intercompany payable — — 3,375 — (3,375 ) — Other long-term liabilities 562 3,769 39 6 — 4,376 Redeemable non-controlling interest 12 — — — — 12 Stockholders' equity (deficit) (65 ) 878 250 403 (1,531 ) (65 ) Total liabilities and stockholders' equity (deficit) $ 566 $ 4,852 $ 4,030 $ 486 $ (4,906 ) $ 5,028 Condensed Supplemental Consolidated Statements of Operations Quarterly Period Ended April 2, 2016 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 142 $ 1,070 $ 402 $ — $ 1,614 Cost of goods sold — 110 841 318 — 1,269 Selling, general and administrative — 27 83 28 — 138 Amortization of intangibles — 2 24 9 — 35 Restructuring and impairment charges — — 6 1 — 7 Operating income — 3 116 46 — 165 Other expense (income), net — 12 (3 ) (16 ) — (7 ) Interest expense, net — 9 49 16 — 74 Equity in net income of subsidiaries (98 ) (104 ) — — 202 — Income (loss) before income taxes 98 86 70 46 (202 ) 98 Income tax expense (benefit) 39 27 1 11 (39 ) 39 Consolidated net income (loss) $ 59 $ 59 $ 69 $ 35 $ (163 ) $ 59 Comprehensive net income (loss) $ 59 $ 47 $ 69 $ 119 $ (163 ) $ 131 Quarterly Period Ended March 28, 2015 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 150 $ 962 $ 112 $ — $ 1,224 Cost of goods sold — 126 784 87 — 997 Selling, general and administrative — 17 61 11 — 89 Amortization of intangibles — 2 19 2 — 23 Restructuring and impairment charges — — 3 — — 3 Operating income — 5 95 12 — 112 Other income, net — 2 (1 ) — — 1 Interest expense, net — 6 41 5 — 52 Equity in net income of subsidiaries (59 ) (60 ) — — 119 — Income (loss) before income taxes 59 57 55 7 (119 ) 59 Income tax expense (benefit) 21 20 — 1 (21 ) 21 Consolidated net income (loss) $ 38 $ 37 $ 55 $ 6 $ (98 ) $ 38 Comprehensive net income (loss) $ 38 $ 24 $ 59 $ (14 ) $ (98 ) $ 9 Two Quarterly Periods Ended April 2, 2016 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 292 $ 2,062 $ 872 $ — $ 3,226 Cost of goods sold — 233 1,656 700 — 2,589 Selling, general and administrative — 83 158 51 — 292 Amortization of intangibles — 4 50 17 — 71 Restructuring and impairment charges — — 22 1 — 23 Operating income — (28 ) 176 103 — 251 Other expense (income), net — 11 (7 ) (7 ) — (3 ) Interest expense, net — 18 95 36 — 149 Equity in net income of subsidiaries (105 ) (139 ) — — 244 — Income (loss) before income taxes 105 82 88 74 (244 ) 105 Income tax expense (benefit) 42 19 1 22 (42 ) 42 Consolidated net income (loss) $ 63 $ 63 $ 87 $ 52 $ (202 ) $ 63 Comprehensive net income (loss) $ 63 $ 54 $ 87 $ 107 $ (202 ) $ 109 Consolidating Statement of Cash Flows Cash Flow from Operating Activities $ — $ 15 $ 249 $ 97 $ — $ 361 Cash Flow from Investing Activities Additions to property, plant, and equipment — (5 ) (143 ) (25 ) — (173 ) Proceeds from sale of assets — — 4 — — 4 (Contributions) distributions to/from subsidiaries (11 ) (2,249 ) — — 2,260 — Intercompany advances (repayments) — (110 ) — — 110 — Acquisition of business, net of cash acquired — — (291 ) (1,992 ) — (2,283 ) Net cash from investing activities (11 ) (2,364 ) (430 ) (2,017 ) 2,370 (2,452 ) Cash Flow from Financing Activities Proceeds from long-term debt — 2,490 — — — 2,490 Purchase of non-controlling interest — — (66 ) — — (66 ) Proceeds from issuance of common stock 11 — — — — 11 Payment of tax receivable agreement (57 ) — — — — (57 ) Repayments on long-term borrowings — (243 ) — (24 ) — (267 ) Contribution from Parent — — 291 1,969 (2,260 ) — Debt financing costs — (37 ) — — — (37 ) Changes in intercompany balances 57 — (34 ) 87 (110 ) — Net cash from financing activities 11 2,210 191 2,032 (2,370 ) 2,074 Effect of exchange rate changes on cash — — — 1 — 1 Net change in cash — (139 ) 10 113 — (16 ) Cash and cash equivalents at beginning of period — 163 — 65 — 228 Cash and cash equivalents at end of period $ — $ 24 $ 10 $ 178 $ — $ 212 Two Quarterly Periods Ended March 28, 2015 Non— Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 309 $ 1910 $ 225 $ — $ 2,444 Cost of goods sold — 273 1,593 168 — 2,034 Selling, general and administrative — 33 120 21 — 174 Amortization of intangibles — 4 40 4 — 48 Restructuring and impairment charges — — 8 — — 8 Operating income (loss) — (1 ) 149 32 — 180 Other income, net — 1 (1 ) — — — Interest expense, net — 13 82 10 — 105 Equity in net income of subsidiaries (75 ) (88 ) — — 163 — Income (loss) before income taxes 75 73 68 22 (163 ) 75 Income tax expense (benefit) 24 22 — 2 (24 ) 24 Consolidated net income (loss) $ 51 $ 51 $ 68 $ 20 $ (139 ) $ 51 Comprehensive net income (loss) $ 51 $ 37 $ 68 $ (14 ) $ (139 ) $ 3 Consolidating Statement of Cash Flows Cash Flow from Operating Activities $ — $ (35 ) $ 230 $ 18 $ (1 ) $ 212 Cash Flow from Investing Activities Additions to property, plant, and equipment — (10 ) (66 ) (3 ) — (79 ) Proceeds from sale of assets — — 13 — — 13 (Contributions) distributions to/from subsidiaries (13 ) 13 — — — — Intercompany advances (repayments) — 136 — — (136 ) — Acquisition of business, net of cash acquired — — — — — — Net cash from investing activities (13 ) 139 (53 ) (3 ) (136 ) (66 ) Cash Flow from Financing Activities Proceeds from issuance of common stock 13 — — — — 13 Payment of tax receivable agreement (39 ) — — — — (39 ) Repayments on long-term borrowings — (124 ) — (1 ) — (125 ) Changes in intercompany balances 39 — (179 ) 3 137 — Net cash from financing activities 13 (124 ) (179 ) 2 137 (151 ) Effect of exchange rate changes on cash — — — (5 ) — (5 ) Net change in cash — (20 ) (2 ) 12 — (10 ) Cash and cash equivalents at beginning of period — 70 15 44 — 129 Cash and cash equivalents at end of period $ — $ 50 $ 13 $ 56 $ — $ 119

Recently Issued Accounting Pr33

Recently Issued Accounting Pronouncements (Details) $ in Millions	Apr. 02, 2016USD ($)
Recently Issued Accounting Pronouncements [Abstract]
Deferred tax assets, current	$ 175

Acquisition (Narrative) (Detail

Acquisition (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Oct. 31, 2015	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Acquisitions [Line Item]
Net sales		$ 1,614	$ 1,224	$ 3,226	$ 2,444
AVINTIV [Member]
Acquisitions [Line Item]
Purchase price, net of cash acquired	$ 195
Percentage of capital stock acquired	100.00%
Purchase price	$ 2,260
Net sales			1,700		3,400
Net losses			$ 8		$ 15
Term Loan Due October 2022 [Member]
Acquisitions [Line Item]
Maturity date				Oct. 1, 2022
Term Loan Due October 2022 [Member] | AVINTIV [Member]
Acquisitions [Line Item]
Debt instrument, face amount	2,100
Increased existing term loan agreement		2,100		$ 2,100
Maturity date				Oct. 1, 2022
6.0% Second Priority Senior Secured Notes Due 2020 [Member]
Acquisitions [Line Item]
Debt instrument, face amount		$ 400		$ 400
Interest rate of senior secured note		6.00%		6.00%
6.0% Second Priority Senior Secured Notes Due 2020 [Member] | AVINTIV [Member]
Acquisitions [Line Item]
Debt instrument, face amount	$ 400
Interest rate of senior secured note	6.00%
Maturity date				Oct. 1, 2022

Acquisition (Summary Of Acquisi

Acquisition (Summary Of Acquisition) (Details) - USD ($) $ in Millions		Apr. 02, 2016	Jan. 02, 2016	Sep. 26, 2015
Goodwill		$ 2,517		$ 1,652
Deferred purchase price		(36)
AVINTIV [Member]
Working capital	[1]		$ 163
Property and equipment			1,004
Intangible asset			586
Goodwill			810
Historical Avintiv debt assumed			(53)
Non-controlling interest			(63)
Deferred purchase price			(30)
Other assets and long-term liabilities			$ (157)
Inventory		$ 7
[1]	Includes a $7 million step up of inventory to fair value

Accounts Receivable Factoring36

Accounts Receivable Factoring Agreements (Details) - USD ($) $ in Millions	Apr. 02, 2016	Sep. 26, 2015
Accounts Receivable Factoring Agreements [Abstract]
Trade receivables sold to financial institutions	$ 28
Net amounts advanced from financial institutions	(23)
Amounts due from financial institutions	$ 5

Restructuring And Impairment 37

Restructuring And Impairment Charges (Components Of Restructuring Charges By Segment) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Restructuring And Impairment Charges [Line Items]
Charges	$ 7	$ 3	$ 23	$ 8
Consumer Packaging [Member]
Restructuring And Impairment Charges [Line Items]
Charges	2	$ 3	5	$ 8
Health, Hygiene, & Specialities [Member]
Restructuring And Impairment Charges [Line Items]
Charges	4		16
Engineered Materials [Member]
Restructuring And Impairment Charges [Line Items]
Charges	$ 1		$ 2

Restructuring And Impairment 38

Restructuring And Impairment Charges (Schedule Of Restructuring Accrual Costs) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Restructuring And Impairment Charges [Line Items]
Beginning balance			$ 10
Charges	$ 7	$ 3	23	$ 8
Cash payments			(11)
Ending balance	22		22
Severance And Termination Benefits [Member]
Restructuring And Impairment Charges [Line Items]
Beginning balance			2
Charges			20
Cash payments			(7)
Ending balance	15		15
Facilities Exit Costs And Other [Member]
Restructuring And Impairment Charges [Line Items]
Beginning balance			8
Charges			3
Cash payments			(4)
Ending balance	$ 7		$ 7

Accrued Expenses, Other Curre39

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities (Narrative) (Details) $ in Millions	3 Months Ended
	Jan. 02, 2016USD ($)
Accrued Expenses And Other Current Liabilities [Line Items]
Tax receivable agreement holders percentage	85.00%
Payments related to income tax receivable agreement	$ 57
Apollo Global Management, LLC [Member]
Accrued Expenses And Other Current Liabilities [Line Items]
Payments related to income tax receivable agreement	$ 46

Accrued Expenses, Other Curre40

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities (Summary Of Accrued Expenses And Other Current Liabilities) (Details) - USD ($) $ in Millions	Apr. 02, 2016	Sep. 26, 2015
Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities [Abstract]
Employee compensation, payroll and other	$ 139	$ 95
Interest	42	38
Rebates	48	53
Restructuring	22	10
Accrued taxes	52	20
Tax receivable agreement obligation	70	57
Accrued operating expenses	92	65
Total accrued liabilities, current	$ 465	$ 338

Accrued Expenses, Other Curre41

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities (Summary Of Other Long-Term Liabilities) (Details) - USD ($) $ in Millions	Apr. 02, 2016	Sep. 26, 2015
Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities [Abstract]
Lease retirement obligation	$ 34	$ 32
Sale-lease back deferred gain	27	28
Pension liability	76	57
Deferred purchase price	36
Tax receivable agreement obligation	105	175
Interest rate swaps	51	36
Other	44	13
Other long-term liabilities	$ 373	$ 341

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended				6 Months Ended
	Mar. 31, 2016	Feb. 29, 2016	Dec. 31, 2015	Oct. 31, 2015	Apr. 02, 2016	Sep. 26, 2015
Debt Instrument [Line Items]
Debt discount					$ 65	$ 29
Term Loans [Member]
Debt Instrument [Line Items]
Voluntary payment	$ 50	$ 100	$ 50
6.0% Second Priority Senior Secured Notes Due 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount					$ 400
Debt instrument, interest rate					6.00%
Term Loan Due October 2022 [Member]
Debt Instrument [Line Items]
Maturity date					Oct. 1, 2022
Revolving Line Of Credit [Member]
Debt Instrument [Line Items]
Maturity date					May 1, 2020
Senior Unsecured Term Loan [Member]
Debt Instrument [Line Items]
Notes payable					$ 4,300
Senior Unsecured Term Loan [Member] | Revolving Line Of Credit [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity					$ 650
AVINTIV [Member] | 6.0% Second Priority Senior Secured Notes Due 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount				$ 400
Debt instrument, interest rate				6.00%
Maturity date					Oct. 1, 2022
Deferred financing fees				$ 5
AVINTIV [Member] | Term Loan Due October 2022 [Member]
Debt Instrument [Line Items]
Incremental term loan bears interest at LIBOR plus				3.00%
Per annum with a LIBOR floor				1
Debt instrument, face amount				$ 2,100
Maturity date					Oct. 1, 2022
Debt discount				11
Deferred financing fees				$ 25

Long-Term Debt (Summary Of Long

Long-Term Debt (Summary Of Long-Term Debt) (Details) - USD ($) $ in Millions	6 Months Ended
	Apr. 02, 2016	Sep. 26, 2015
Debt Instrument [Line Items]
Debt discounts and deferred fees	$ (65)	$ (29)
Capital leases and other	180	126
Total long-term debt	5,987	3,685
Current portion of long-term debt	(73)	(37)
Long-term debt, less current portion	$ 5,914	3,648
Revolving Line Of Credit [Member]
Debt Instrument [Line Items]
Maturity date	May 1, 2020
Term Loan Due February 2020 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 1,358	1,369
Maturity date	Feb. 1, 2020
Term Loan Due January 2021 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 1,019	1,019
Maturity date	Jan. 1, 2021
Term Loan Due October 2022 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 1,895
Maturity date	Oct. 1, 2022
5 1/8% Second Priority Senior Secured Notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 700	700
Debt instrument, interest rate	5.125%
Maturity date	Jul. 1, 2023
5 1/2% Second Priority Senior Secured Notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 500	$ 500
Debt instrument, interest rate	5.50%
Maturity date	May 1, 2022
6% Second Priority Senior Secured Notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 400
Debt instrument, interest rate	6.00%
Maturity date	Oct. 1, 2022

Financial Instruments And Fai44

Financial Instruments And Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	6 Months Ended
	Jun. 28, 2013	Apr. 02, 2016	Sep. 30, 2015	Mar. 31, 2015	Mar. 31, 2014	Feb. 28, 2013
Derivative [Line Items]
Fair value of investments exceeding book value		$ 53
2013 Swaps [Member]
Derivative [Line Items]
Debt instrument, face amount						$ 1,000
Derivative variable interest rate						1.00%
Derivative settlement receivables	$ 16
Term of fixed interest rate		3 years
Derivative instrument fixed interest rate						2.355%
Derivative effective date		May 1, 2016
Derivative maturity date		May 1, 2019
2014 Swaps [Member]
Derivative [Line Items]
Debt instrument, face amount					$ 1,000
Derivative variable interest rate				1.00%
Term of fixed interest rate		3 years
Derivative instrument fixed interest rate		2.59%
Derivative effective date		Feb. 1, 2016
Derivative maturity date		Feb. 1, 2019
2015 Swap [Member]
Derivative [Line Items]
Debt instrument, face amount			$ 1,000
Derivative variable interest rate		1.00%
Term of fixed interest rate		1 year
Derivative instrument fixed interest rate		1.7185%
Derivative effective date		Dec. 1, 2015
Derivative maturity date		Jun. 1, 2019

Financial Instruments And Fai45

Financial Instruments And Fair Value Measurements (Schedule Of Derivative Instruments (Details) - USD ($) $ in Millions	Apr. 02, 2016	Sep. 26, 2015
Derivatives, Fair Value [Line Items]
Interest rate swaps	$ 51	$ 36
Interest Rate Swap [Member] | Other Long-Term Liabilities [Member]
Derivatives, Fair Value [Line Items]
Interest rate swap	$ 51	$ 36

Financial Instruments And Fai46

Financial Instruments And Fair Value Measurements (Schedule Of Derivatives Not Designated As Hedging, By Statement Of Operations Location) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Apr. 02, 2016	Apr. 02, 2016
Interest Rate Swap [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative instruments	$ 4	$ 4
Foreign Currency Swaps [Member] | Other (Income) Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative instruments	$ 7	$ 6

Financial Instruments And Fai47

Financial Instruments And Fair Value Measurements (Schedule of Fair Value Assets Measured On A Non-Recurring Basis) (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Apr. 02, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Indefinite-lived trademarks	$ 207	$ 207
Goodwill	1,652	2,517
Definite lived intangible assets	486	1,014
Property, plant, and equipment	1,294	2,317
Total	3,639	6,055
Property, plant, and equipment, Impairment	2
Fair value asset impairment charges	2
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Indefinite-lived trademarks	207	207
Goodwill	1,652	2,517
Definite lived intangible assets	486	1,014
Property, plant, and equipment	1,294	2,317
Total	$ 3,639	$ 6,055

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Income Taxes [Abstract]
Effective tax rate due to valuation allowances	40.00%	36.00%	40.00%	33.00%

Operating Segments (Narrative)

Operating Segments (Narrative) (Details)	6 Months Ended
	Apr. 02, 2016segment
Operating Segments [Abstract]
Number of reporting segments	3

Operating Segments (Summary Of

Operating Segments (Summary Of Selected Information By Reportable Segment) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Segment Reporting Information [Line Items]
Net sales	$ 1,614	$ 1,224	$ 3,226	$ 2,444
Operating income	165	112	251	180
Depreciation and amortization	131	85	270	176
Consumer Packaging [Member]
Segment Reporting Information [Line Items]
Net sales	687	719	1,370	1,432
Operating income	67	65	110	93
Depreciation and amortization	63	56	130	118
Health, Hygiene, & Specialities [Member]
Segment Reporting Information [Line Items]
Net sales	568	133	1,132	261
Operating income	53	10	58	17
Depreciation and amortization	49	8	103	18
Engineered Materials [Member]
Segment Reporting Information [Line Items]
Net sales	359	372	724	751
Operating income	45	37	83	70
Depreciation and amortization	$ 19	$ 21	$ 37	$ 40

Operating Segments (Summary O51

Operating Segments (Summary Of Assets And Goodwill By Segment) (Details) - USD ($) $ in Millions	Apr. 02, 2016	Sep. 26, 2015
Segment Reporting Information [Line Items]
Assets	$ 7,798	$ 5,028
Goodwill, includes segment reorganization	2,517	1,652
Consumer Packaging [Member]
Segment Reporting Information [Line Items]
Assets	3,639	3,832
Goodwill, includes segment reorganization	1,521	1,520
Health, Hygiene, & Specialities [Member]
Segment Reporting Information [Line Items]
Assets	3,440	385
Goodwill, includes segment reorganization	912	48
Engineered Materials [Member]
Segment Reporting Information [Line Items]
Assets	719	811
Goodwill, includes segment reorganization	$ 84	$ 84

Operating Segments (Summary O52

Operating Segments (Summary Of Selected Information By Geography) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Segment Reporting Information [Line Items]
Net sales	$ 1,614	$ 1,224	$ 3,226	$ 2,444
North America [Member]
Segment Reporting Information [Line Items]
Net sales	1,303	1,178	2,610	2,346
South America [Member]
Segment Reporting Information [Line Items]
Net sales	80	2	159	4
Europe [Member]
Segment Reporting Information [Line Items]
Net sales	166	29	323	61
Asia [Member]
Segment Reporting Information [Line Items]
Net sales	$ 65	$ 15	$ 134	$ 33

Operating Segments (Summary O53

Operating Segments (Summary Of Long-Lived Assets By Geography) (Details) - USD ($) $ in Millions	Apr. 02, 2016	Sep. 26, 2015
Segment Reporting Information [Line Items]
Long-lived assets	$ 6,086	$ 3,645
North America [Member]
Segment Reporting Information [Line Items]
Long-lived assets	4,246	3,510
South America [Member]
Segment Reporting Information [Line Items]
Long-lived assets	752	5
Europe [Member]
Segment Reporting Information [Line Items]
Long-lived assets	820	79
Asia [Member]
Segment Reporting Information [Line Items]
Long-lived assets	$ 268	$ 51

Operating Segments (Changes In

Operating Segments (Changes In The Carrying Amount Of Goodwill) (Details) $ in Millions	6 Months Ended
	Apr. 02, 2016USD ($)
Goodwill [Line Items]
Goodwill, Beginning balance	$ 1,652
Acquisitions, net	825
Foreign currency translation adjustment	40
Goodwill, Ending balance	2,517
Rigid Open Top [Member]
Goodwill [Line Items]
Goodwill, Beginning balance	681
Segment reorganization	$ (681)
Goodwill, Ending balance
Rigid Closed Top [Member]
Goodwill [Line Items]
Goodwill, Beginning balance	$ 823
Segment reorganization	$ (823)
Goodwill, Ending balance
Engineered Materials [Member]
Goodwill [Line Items]
Goodwill, Beginning balance	$ 69
Segment reorganization	15
Goodwill, Ending balance	84
Flexible Packaging [Member]
Goodwill [Line Items]
Goodwill, Beginning balance	79
Segment reorganization	$ (79)
Goodwill, Ending balance
Consumer Packaging [Member]
Goodwill [Line Items]
Goodwill, Beginning balance
Segment reorganization	$ 1,520
Foreign currency translation adjustment	1
Goodwill, Ending balance	$ 1,521
Health, Hygiene, & Specialities [Member]
Goodwill [Line Items]
Goodwill, Beginning balance
Segment reorganization	$ 48
Acquisitions, net	825
Foreign currency translation adjustment	39
Goodwill, Ending balance	$ 912

Basic And Diluted Net Income 55

Basic And Diluted Net Income Per Share (Schedule Of Net Income Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Basic And Diluted Net Income Per Share [Abstract]
Consolidated net income	$ 59	$ 38	$ 63	$ 51
Weighted average common shares outstanding - basic	120.5	119	120.3	118.7
Dilutive shares	3.9	5.1	3.7
Weighted average common and common equivalent shares outstanding - diluted	124.4	124.1	124	123.4
Basic	$ 0.49	$ 0.32	$ 0.52	$ 0.43
Diluted	$ 0.47	$ 0.31	$ 0.51	$ 0.41

Accumulated Other Comprehensi56

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			$ (119)	$ (43)
Other comprehensive income (loss) before reclassifications			42	(48)
Net amount reclassified from accumulated other comprehensive income (loss)			4
Ending balance	$ (73)	$ (91)	(73)	(91)
Tax impact	(7)	(4)	(6)	(6)
Currency Translation [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			(81)	(36)
Other comprehensive income (loss) before reclassifications			$ 55	(34)
Net amount reclassified from accumulated other comprehensive income (loss)
Ending balance	(26)	(70)	$ (26)	(70)
Defined Benefit Pension And Retiree Health Benefit Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			$ (25)	(15)
Other comprehensive income (loss) before reclassifications
Net amount reclassified from accumulated other comprehensive income (loss)
Ending balance	(25)	(15)	$ (25)	(15)
Interest Rate Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			(13)	8
Other comprehensive income (loss) before reclassifications			(13)	(14)
Net amount reclassified from accumulated other comprehensive income (loss)			4
Ending balance	$ (22)	$ (6)	$ (22)	$ (6)

Purchase Of Non-Controlling I57

Purchase Of Non-Controlling Interest (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jan. 02, 2016	Sep. 27, 2014	Apr. 02, 2016	Sep. 26, 2015
Additional paid-in capital			$ 428	$ 406
Providencia [Member]
Percentage of controlling interest	28.75%
Purchase price, cash	$ 66
Additional paid-in capital	$ 3
AVINTIV [Member]
Percentage of controlling interest		71.25%

Guarantor And Non-Guarantor F58

Guarantor And Non-Guarantor Financial Information (Narrative) (Details)	Apr. 02, 2016
Guarantor Subsidiaries [Member]
Percentage ownership in guarantor subsidiaries	100.00%

Guarantor And Non-Guarantor F59

Guarantor And Non-Guarantor Financial Information (Condensed Supplemental Consolidated Balance Sheet) (Details) - USD ($) $ in Millions	Apr. 02, 2016	Sep. 26, 2015
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Current assets	$ 1,712	$ 1,383
Property, plant, and equipment, net	2,317	1,294
Other assets	3,769	2,351
Total assets	7,798	5,028
Current liabilities	1,078	705
Other long-term liabilities	6,642	4,376
Non-controlling interest	12	12
Stockholders equity (deficit)	66	(65)
Total liabilities and stockholders' equity (deficit)	7,798	5,028
Parent Company [Member]
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Current assets	1	162
Intercompany receivable	412	329
Other assets	195	75
Total assets	608	566
Current liabilities	70	57
Other long-term liabilities	460	562
Non-controlling interest	12	12
Stockholders equity (deficit)	66	(65)
Total liabilities and stockholders' equity (deficit)	608	566
Issuer [Member]
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Current assets	90	257
Intercompany receivable	3,023	2,963
Property, plant, and equipment, net	76	79
Other assets	3,973	1,553
Total assets	7,162	4,852
Current liabilities	212	205
Other long-term liabilities	6,025	3,769
Stockholders equity (deficit)	925	878
Total liabilities and stockholders' equity (deficit)	7,162	4,852
Guarantor Subsidiaries [Member]
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Current assets	968	767
Property, plant, and equipment, net	1,498	1,111
Other assets	4,113	2,152
Total assets	6,579	4,030
Current liabilities	482	366
Intercompany payable	3,390	3,375
Other long-term liabilities	111	39
Stockholders equity (deficit)	2,596	250
Total liabilities and stockholders' equity (deficit)	6,579	4,030
Non-Guarantor Subsidiaries [Member]
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Current assets	653	197
Intercompany receivable		83
Property, plant, and equipment, net	743	104
Other assets	1,240	102
Total assets	2,636	486
Current liabilities	314	77
Intercompany payable	45
Other long-term liabilities	46	6
Non-controlling interest	12
Stockholders equity (deficit)	2,219	403
Total liabilities and stockholders' equity (deficit)	2,636	486
Eliminations [Member]
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Intercompany receivable	(3,435)	(3,375)
Other assets	(5,752)	(1,531)
Total assets	(9,187)	(4,906)
Intercompany payable	(3,435)	(3,375)
Non-controlling interest	(12)
Stockholders equity (deficit)	(5,740)	(1,531)
Total liabilities and stockholders' equity (deficit)	$ (9,187)	$ (4,906)

Guarantor And Non-Guarantor F60

Guarantor And Non-Guarantor Financial Information (Condensed Supplemental Consolidated Statements Of Operations) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015	Apr. 02, 2016	Mar. 28, 2015
Condensed Consolidating Financial Information [Line Items]
Net sales	$ 1,614	$ 1,224	$ 3,226	$ 2,444
Cost of goods sold	1,269	997	2,589	2,034
Selling, general and administrative	138	89	292	174
Amortization of intangibles	35	23	71	48
Restructuring and impairment charges	7	3	23	8
Operating income (loss)	165	112	251	180
Other expense (income), net	(7)	1	(3)
Interest expense, net	74	52	149	105
Income (loss) before income taxes	98	59	105	75
Income tax expense (benefit)	39	21	42	24
Consolidated net income (loss)	59	38	63	51
Comprehensive net income (loss)	131	9	109	3
Parent Company [Member]
Condensed Consolidating Financial Information [Line Items]
Equity in net income of subsidiaries	(98)	(59)	(105)	(75)
Income (loss) before income taxes	98	59	105	75
Income tax expense (benefit)	39	21	42	24
Consolidated net income (loss)	59	38	63	51
Comprehensive net income (loss)	59	38	63	51
Issuer [Member]
Condensed Consolidating Financial Information [Line Items]
Net sales	142	150	292	309
Cost of goods sold	110	126	233	273
Selling, general and administrative	27	17	83	33
Amortization of intangibles	2	2	4	4
Operating income (loss)	3	5	(28)	(1)
Other expense (income), net	12	2	11	1
Interest expense, net	9	6	18	13
Equity in net income of subsidiaries	(104)	(60)	(139)	(88)
Income (loss) before income taxes	86	57	82	73
Income tax expense (benefit)	27	20	19	22
Consolidated net income (loss)	59	37	63	51
Comprehensive net income (loss)	47	24	54	37
Guarantor Subsidiaries [Member]
Condensed Consolidating Financial Information [Line Items]
Net sales	1,070	962	2,062	1,910
Cost of goods sold	841	784	1,656	1,593
Selling, general and administrative	83	61	158	120
Amortization of intangibles	24	19	50	40
Restructuring and impairment charges	6	3	22	8
Operating income (loss)	116	95	176	149
Other expense (income), net	(3)	(1)	(7)	(1)
Interest expense, net	49	41	95	82
Income (loss) before income taxes	70	55	88	68
Income tax expense (benefit)	1		1
Consolidated net income (loss)	69	55	87	68
Comprehensive net income (loss)	69	59	87	68
Non-Guarantor Subsidiaries [Member]
Condensed Consolidating Financial Information [Line Items]
Net sales	402	112	872	225
Cost of goods sold	318	87	700	168
Selling, general and administrative	28	11	51	21
Amortization of intangibles	9	2	17	4
Restructuring and impairment charges	1		1
Operating income (loss)	46	12	103	32
Other expense (income), net	(16)		(7)
Interest expense, net	16	5	36	10
Income (loss) before income taxes	46	7	74	22
Income tax expense (benefit)	11	1	22	2
Consolidated net income (loss)	35	6	52	20
Comprehensive net income (loss)	119	(14)	107	(14)
Eliminations [Member]
Condensed Consolidating Financial Information [Line Items]
Equity in net income of subsidiaries	202	119	244	163
Income (loss) before income taxes	(202)	(119)	(244)	(163)
Income tax expense (benefit)	(39)	(21)	(42)	(24)
Consolidated net income (loss)	(163)	(98)	(202)	(139)
Comprehensive net income (loss)	$ (163)	$ (98)	$ (202)	$ (139)

Guarantor And Non-Guarantor F61

Guarantor And Non-Guarantor Financial Information (Condensed Supplemental Consolidated Statements Of Cash Flows) (Details) - USD ($) $ in Millions	6 Months Ended
	Apr. 02, 2016	Mar. 28, 2015
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
Cash Flow from Operating Activities	$ 361	$ 212
Additions to property, plant and equipment	(173)	(79)
Proceeds from sale of assets	4	13
Acquisition of business net of cash acquired	(2,283)
Net cash used in investing activities	(2,452)	(66)
Proceeds from long-term debt	2,490
Purchase of non-controlling interest	(66)
Debt financing costs	(37)
Payment of tax receivable agreement	(57)	(39)
Proceeds from issuance of common stock	11	13
Repayments on long-term borrowings	(267)	(125)
Net cash used in financing activities	2,074	(151)
Effect of exchange rate on cash	1	(5)
Net change in cash	(16)	(10)
Cash and cash equivalents at beginning of period	228	129
Cash and cash equivalents at end of period	212	119
Parent Company [Member]
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
(Contributions) distributions to/from subsidiaries	(11)	(13)
Net cash used in investing activities	(11)	(13)
Payment of tax receivable agreement	(57)	(39)
Proceeds from issuance of common stock	11	13
Changes in intercompany balances	57	39
Net cash used in financing activities	11	13
Issuer [Member]
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
Cash Flow from Operating Activities	15	(35)
Additions to property, plant and equipment	(5)	(10)
(Contributions) distributions to/from subsidiaries	(2,249)	13
Intercompany advances (repayments)	(110)	136
Net cash used in investing activities	(2,364)	139
Proceeds from long-term debt	2,490
Debt financing costs	(37)
Repayments on long-term borrowings	(243)	(124)
Net cash used in financing activities	2,210	(124)
Net change in cash	(139)	(20)
Cash and cash equivalents at beginning of period	163	70
Cash and cash equivalents at end of period	24	50
Guarantor Subsidiaries [Member]
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
Cash Flow from Operating Activities	249	230
Additions to property, plant and equipment	(143)	(66)
Proceeds from sale of assets	4	13
Acquisition of business net of cash acquired	(291)
Net cash used in investing activities	(430)	(53)
Purchase of non-controlling interest	(66)
Changes in intercompany balances	(34)	(179)
Contribution from Parent	291
Net cash used in financing activities	191	(179)
Net change in cash	10	(2)
Cash and cash equivalents at beginning of period		15
Cash and cash equivalents at end of period	10	13
Non-Guarantor Subsidiaries [Member]
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
Cash Flow from Operating Activities	97	18
Additions to property, plant and equipment	(25)	(3)
Acquisition of business net of cash acquired	(1,992)
Net cash used in investing activities	(2,017)	(3)
Repayments on long-term borrowings	(24)	(1)
Changes in intercompany balances	87	3
Contribution from Parent	1,969
Net cash used in financing activities	2,032	2
Effect of exchange rate on cash	1	(5)
Net change in cash	113	12
Cash and cash equivalents at beginning of period	65	44
Cash and cash equivalents at end of period	178	56
Eliminations [Member]
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
Cash Flow from Operating Activities		(1)
(Contributions) distributions to/from subsidiaries	2,260
Intercompany advances (repayments)	110	(136)
Net cash used in investing activities	2,370	(136)
Changes in intercompany balances	(110)	137
Contribution from Parent	(2,260)
Net cash used in financing activities	$ (2,370)	$ 137