Berry Global (BERY) 10-Q 9 Aug 16 2016 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares shares in Millions	9 Months Ended
	Jul. 02, 2016	Aug. 09, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 2, 2016
Document Fiscal Period Focus	Q3
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		121.6

Consolidated Statements Of Inco

Consolidated Statements Of Income (Loss) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015	Jul. 02, 2016	Jun. 27, 2015
Consolidated Statements Of Income (Loss) [Abstract]
Net sales	$ 1,645	$ 1,241	$ 4,871	$ 3,685
Costs and expenses:
Cost of goods sold	1,296	1,003	3,885	3,037
Selling, general and administrative	129	92	421	266
Amortization of intangibles	35	22	106	70
Restructuring and impairment charges	6	3	29	11
Operating income	179	121	430	301
Debt extinguishment	4	94	4	94
Other (income) expense, net	(18)	2	(21)	2
Interest expense, net	73	47	222	152
Income (loss) before income taxes	120	(22)	225	53
Income tax (benefit) expense	24	(9)	66	15
Consolidated net income (loss)	$ 96	$ (13)	$ 159	$ 38
Net income (loss) per share:
Basic	$ 0.79	$ (0.11)	$ 1.32	$ 0.32
Diluted	$ 0.76	$ (0.11)	$ 1.28	$ 0.31
Outstanding weighted-average shares:
Basic	121.1	119.5	120.5	118.9
Diluted	125.9	119.5	123.9	123.7

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015	Jul. 02, 2016	Jun. 27, 2015
Consolidated Statements Of Comprehensive Income (Loss) [Abstract]
Consolidated net income	$ 96	$ (13)	$ 159	$ 38
Currency translation	(16)	2	39	(32)
Interest rate hedges	(4)	2	(20)	(18)
Provision for income taxes related to other comprehensive income items	1		8	6
Comprehensive income (loss)	$ 77	$ (9)	$ 186	$ (6)

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 02, 2016	Sep. 26, 2015
Current assets:
Cash and cash equivalents	$ 236	$ 228
Accounts receivable (less allowance of $10 and $3, respectively)	725	434
Finished goods	428	309
Raw materials and supplies	280	213
Inventory, total	708	522
Deferred income taxes		162
Prepaid expenses and other current assets	97	37
Total current assets	1,766	1,383
Property, plant, and equipment, net	2,276	1,294
Goodwill, intangible assets and deferred costs, net	3,735	2,349
Other assets	28	2
Total assets	7,805	5,028
Current liabilities:
Accounts payable	554	330
Accrued expenses and other current liabilities	466	338
Current portion of long-term debt	66	37
Total current liabilities	1,086	705
Long-term debt, less current portion	5,812	3,648
Deferred income taxes	365	387
Other long-term liabilities	375	341
Total liabilities	7,638	5,081
Redeemable non-controlling interest	12	12
Stockholders' equity (deficit)
Common stock (121.5 and 119.9 shares issued, respectively)	1	1
Additional paid-in capital	440	406
Non-controlling interest	3	3
Accumulated deficit	(197)	(356)
Accumulated other comprehensive loss	(92)	(119)
Total stockholders' equity (deficit)	155	(65)
Total liabilities and stockholders' equity (deficit)	$ 7,805	$ 5,028

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Millions, $ in Millions	Jul. 02, 2016	Sep. 26, 2015
Consolidated Balance Sheets [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 10	$ 3
Common stock, shares issued	121.5	119.9

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Cash Flows from Operating Activities:
Consolidated net income	$ 159	$ 38
Adjustments to reconcile net cash provided by operating activities:
Depreciation	284	193
Amortization of intangibles	106	70
Non-cash interest expense	8	5
Deferred income tax	23	12
Debt extinguishment	4	94
Stock compensation expense	17	17
Other non-cash operating activites, net	(12)	5
Changes in working capital	(26)	(38)
Changes in other assets and liabilities	4	(4)
Net cash from operating activities	567	392
Cash Flows from Investing Activities:
Additions to property, plant and equipment	(228)	(124)
Proceeds from sale of assets	4	18
Acquisitions of business, net of cash acquired	(2,283)
Other investing activities, net	(11)
Net cash from investing activities	(2,518)	(106)
Cash Flows from Financing Activities:
Proceeds from long-term borrowings	2,490	702
Repayments on long-term borrowings	(390)	(940)
Proceeds from issuance of common stock	20	16
Payment of tax receivable agreement	(57)	(39)
Debt financing costs	(38)	(87)
Purchase of non-controlling interest	(66)
Net cash from financing activities	1,959	(348)
Effect of exchange rate changes on cash		(5)
Net change in cash	8	(67)
Cash and cash equivalents at beginning of period	228	129
Cash and cash equivalents at end of period	$ 236	$ 62

Basis Of Presentation

Basis Of Presentation	9 Months Ended
	Jul. 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" or "Berry") 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

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	9 Months Ended
	Jul. 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 fiscal 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	9 Months Ended
	Jul. 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. During the quarterly period ending July 2, 2016, the Company recorded adjustments based on an updated fair value analysis to the preliminary purchase price allocation of $ 10 21 27 Working capital (a) $ 167 Property and equipment 977 Intangible assets 596 Goodwill 831 Historical Avintiv debt assumed (53 ) Non-controlling interest (63 ) Deferred purchase price (30 ) Other assets and long-term liabilities (165 ) (a) Includes an $ 11 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 5.1 22 30 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	9 Months Ended
	Jul. 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 third fiscal quarter: July 2, September 26, 2016 2015 Trade receivables sold to financial institutions $ 25 $ - Net amounts advanced from financial institutions (21 ) - Amounts due from financial institutions $ 4 $ - 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 July 2, 2016. The fees associated with transfer of receivables for all programs were not material for any of the periods presented .

Restructuring And Impairment Ch

Restructuring And Impairment Charges	9 Months Ended
	Jul. 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. The tables below set forth the significant components of the restructuring charges recognized, by segment : Three Quarterly Periods Quarterly Period Ended Ended July 2, June 27, July 2, June 27, 2016 2015 2016 2015 Consumer Packaging $ 2 $ 2 $ 7 $ 10 Health, Hygiene & Specialties 4 — 20 — Engineered Materials — 1 2 1 Consolidated $ 6 $ 3 $ 29 $ 11 The table below sets forth the activity with respect to the restructuring accrual at July 2, 2016: Severance and Facilities termination exit costs Non-cash benefits and other charges Total Balance at September 26, 2015 $ 2 $ 8 — $ 10 Charges 22 5 2 29 Non-cash asset impairment — — (2 ) (2 ) Cash payments (14 ) (6 ) — (20 ) Balance at July 2, 2016 $ 10 $ 7 $ — $ 17

Accrued Expenses, Other Current

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities	9 Months Ended
	Jul. 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: July 2, September 26, 2016 2015 Employee compensation, payroll and other $ 136 $ 95 Interest 41 38 Rebates 53 53 Restructuring 22 10 Accrued taxes 53 20 Tax receivable agreement obligation 76 57 Accrued operating expenses 85 65 $ 466 $ 338 The following table sets forth the totals included in Other long-term liabilities on the Consolidated Balance Sheets: July 2, September 26, 2016 2015 Lease retirement obligation $ 34 $ 32 Sale-lease back deferred gain 26 28 Pension liability 76 57 Deferred purchase price 40 — Tax receivable agreement obligation 99 175 Interest rate swaps 56 36 Other 44 13 $ 375 $ 341 The Company made $ 57 46 85

Long-Term Debt

Long-Term Debt	9 Months Ended
	Jul. 02, 2016
Long-Term Debt [Abstract]
Long-Term Debt	7. Long-Term Debt Long-term debt consists of the following: July 2, September 26, Maturity Date 2016 2015 Term loan February 2020 $ 1,355 $ 1,369 Term loan January 2021 814 — Term loan October 2022 1,995 — Modified term loan — — 1,019 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 — (61 ) (29 ) Capital leases and other Various 175 126 Total long-term debt 5,878 3,685 Current portion of long-term debt (66 ) (37 ) Long-term debt, less current portion $ 5,812 $ 3,648 The Company's senior secured credit facilities consist of $ 4.2 650 During fiscal 2016, the Company has made $ 390 Term Loans 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 In June 2016, the Company entered into an incremental assumption agreement and amendment to lower the interest rates under certain of the existing term loans. The term loan maturing in January 2021 now bears interest at LIBOR plus 2.50 1.00 2.75 1.00 3.0 2.50 4 2 Debt discounts and deferred financing fees are presented net of Long-term debt, less the current portion on the Consolidated Balance Sheet and are amortized to Interest expense through maturity. 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	9 Months Ended
	Jul. 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 on anticipated future foreign cash movements for certain jurisdictions. 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 typically 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 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 derivative instruments designated for hedge accounting as prescribed in ASC 815 – Derivatives and Hedging , in Accumulated other comprehensive income (loss) and Deferred income taxes. All other changes in derivative instruments not designated as hedging instruments flow through the Consolidated Statement of Operations. July 2, September 26, Balance Sheet 2016 2015 Derivative instruments Other long-term liabilities $ 56 $ 36 The effect of the Company's derivative instruments on the Consolidated Statement of Operations is as follows: Three Quarterly Periods Quarterly Period Ended Ended Statement of July 2, June 27, July 2, June 27, Derivatives instruments Operations Location 2016 2015 2016 2015 Interest rate swaps Interest expense, net $ 6 $ — $ 10 $ — Foreign currency swaps Other (income) expense $ 3 $ — $ 9 $ — 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 unit 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 July 2, 2016 and September 26, 2015, along with the impairment loss recognized on the fair value measurement during the period: As of July 2, 2016 Level 1 Level 2 Level 3 Total Impairment Indefinite-lived trademarks $ — $ — $ 248 $ 248 $ — Goodwill — — 2,541 2,541 — Definite lived intangible assets — — 942 942 — Property, plant, and equipment — — 2,276 2,276 2 Total $ — $ — $ 6,007 $ 6,007 $ 2 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 $ 75

Income Taxes

Income Taxes	9 Months Ended
	Jul. 02, 2016
Income Taxes [Abstract]
Income Taxes	9. Income Taxes The Company's effective tax rate was 20 41 29 28

Operating Segments

Operating Segments	9 Months Ended
	Jul. 02, 2016
Operating Segments [Abstract]
Operating Segments	10. Operating Segments In November 2015, the Company reorganized into three Three Quarterly Periods Quarterly Period Ended Ended July 2, June 27, July 2, June 27, 2016 2015 2016 2015 Net sales: Consumer Packaging $ 705 $ 731 $ 2,075 $ 2,163 Health, Hygiene & Specialties 567 122 1,699 383 Engineered Materials 373 388 1,097 1,139 Total net sales $ 1,645 $ 1,241 $ 4,871 $ 3,685 Operating income: Consumer Packaging $ 63 $ 75 $ 173 $ 168 Health, Hygiene & Specialties 61 7 119 24 Engineered Materials 55 39 138 109 Total operating income $ 179 $ 121 $ 430 $ 301 Depreciation and amortization: Consumer Packaging $ 65 $ 59 $ 195 $ 177 Health, Hygiene & Specialties 36 8 140 26 Engineered Materials 19 20 55 60 Total depreciation and amortization $ 120 $ 87 $ 390 $ 263 July 2, September 26, 2016 2015 Total assets: Consumer Packaging $ 3,617 $ 3,832 Health, Hygiene & Specialties 3,471 385 Engineered Materials 717 811 Total assets $ 7,805 $ 5,028 Goodwill: Consumer Packaging $ 1,521 $ 1,520 Health, Hygiene & Specialties 937 48 Engineered Materials 83 84 Total goodwill $ 2,541 $ 1,652 Selected information by geography is presented in the following tables: Three Quarterly Periods Quarterly Period Ended Ended July 2, June 27, July 2, June 27, 2016 2015 2016 2015 Net sales: North America $ 1,329 $ 1,193 $ 3,939 $ 3,540 South America 88 2 246 5 Europe 158 30 481 91 Asia 70 16 205 49 Total net sales $ 1,645 $ 1,241 $ 4,871 $ 3,685 July 2, September 26, 2016 2015 Long-lived assets: North America $ 4,706 $ 3,510 South America 570 5 Europe 488 79 Asia 275 51 Total Long-lived assets $ 6,039 $ 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 - - - - - 846 846 Foreign currency translation adjustment - - (1 ) - 1 43 43 Balance as of July 2, 2016 $ - $ - $ 83 $ - $ 1,521 $ 937 $ 2,541

Contingencies And Commitments

Contingencies And Commitments	9 Months Ended
	Jul. 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	9 Months Ended
	Jul. 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. Three Quarterly Periods Quarterly Period Ended Ended (in millions, except per share amounts) July 2, June 27, July 2, June 27, 2016 2015 2016 2015 Numerator Consolidated net income (loss) $ 96 $ (13 ) $ 159 $ 38 Denominator Weighted average common shares outstanding - basic 121.1 119.5 120.5 118.9 Dilutive shares 4.8 - 3.4 4.8 Weighted average common and common equivalent shares outstanding - diluted 125.9 119.5 123.9 123.7 Per common share income (loss) Basic $ 0.79 $ (0.11 ) $ 1.32 $ 0.32 Diluted $ 0.76 $ (0.11 ) $ 1.28 $ 0.31

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Jul. 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 39 — (30 ) 9 Net amount reclassified from accumulated other comprehensive income (loss) — — 10 10 Provision for income taxes related to other comprehensive income items — — 8 8 Balance at July 2, 2016 $ (42 ) $ (25 ) $ (25 ) $ (92 ) 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 (32 ) — (18 ) (50 ) reclassifications Net amount reclassified from accumulated — — — — other comprehensive income (loss) Provision for income taxes related to other — — 6 6 comprehensive income items Balance at June 27, 2015 $ (68 ) $ (15 ) $ (4 ) $ (87 )

Purchase Of Non-Controlling Int

Purchase Of Non-Controlling Interest	9 Months Ended
	Jul. 02, 2016
Non-controlling 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	9 Months Ended
	Jul. 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 July 2, 2016 Non— Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Current assets — 97 1,055 614 — 1,766 Intercompany receivable 436 2,935 — 46 (3,417 ) — Property, plant, and equipment, net — 78 1,474 724 — 2,276 Other assets 272 4,099 4,102 750 (5,460 ) 3,763 Total assets $ 708 $ 7,209 $ 6,631 $ 2,134 $ (8,877 ) $ 7,805 Current liabilities 76 209 495 306 — 1,086 Intercompany payable — 45 3,372 — (3,417 ) — Other long-term liabilities 465 5,925 102 60 — 6,552 Redeemable non-controlling interest 12 — — 12 (12 ) 12 Stockholders' equity (deficit) 155 1,030 2,662 1,756 (5,448 ) 155 Total liabilities and stockholders' equity (deficit) $ 708 $ 7,209 $ 6,631 $ 2,134 $ (8,877 ) $ 7,805 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 July 2, 2016 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 150 $ 1,081 $ 414 $ — $ 1,645 Cost of goods sold — 140 834 322 — 1,296 Selling, general and administrative — 6 93 30 — 129 Amortization of intangibles — 2 27 6 — 35 Restructuring and impairment charges — — 1 5 — 6 Operating income — 2 126 51 — 179 Debt extinguishment — 4 — — — 4 Other expense (income), net — 4 (4 ) (18 ) — (18 ) Interest expense, net — 9 63 1 — 73 Equity in net income of subsidiaries (120 ) (119 ) — — 239 — Income (loss) before income taxes 120 104 67 68 (239 ) 120 Income tax expense (benefit) 24 4 1 14 (19 ) 24 Consolidated net income (loss) $ 96 $ 100 $ 66 $ 54 $ (220 ) $ 96 Comprehensive net income (loss) $ 96 $ 98 $ 65 $ 38 $ (220 ) $ 77 Quarterly Period Ended June 27, 2015 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 155 $ 961 $ 125 $ — $ 1,241 Cost of goods sold — 121 773 109 — 1,003 Selling, general and administrative — 17 63 12 — 92 Amortization of intangibles — 2 18 2 — 22 Restructuring and impairment charges — — 3 — — 3 Operating income — 15 104 2 — 121 Debt extinguishment — 94 — — — 94 Other expense (income), net — (2 ) 3 1 — 2 Interest expense, net — 6 37 4 — 47 Equity in net income of subsidiaries 22 (60 ) — — 38 — Income (loss) before income taxes (22 ) (23 ) 64 (3 ) (38 ) (22 ) Income tax expense (benefit) (9 ) (10 ) — 1 9 (9 ) Consolidated net income (loss) $ (13 ) $ (13 ) $ 64 $ (4 ) $ (47 ) $ (13 ) Comprehensive net income (loss) $ (13 ) $ (11 ) $ 64 $ (2 ) $ (47 ) $ (9 ) Three Quarterly Periods Ended July 2, 2016 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 442 $ 3,143 $ 1,286 $ — $ 4,871 Cost of goods sold — 373 2,490 1,022 — 3,885 Selling, general and administrative — 89 251 81 — 421 Amortization of intangibles — 6 77 23 — 106 Restructuring and impairment charges — — 23 6 — 29 Operating income — (26 ) 302 154 — 430 Debt extinguishment — 4 — — — 4 Other expense (income), net — 15 (11 ) (25 ) — (21 ) Interest expense, net — 27 158 37 — 222 Equity in net income of subsidiaries (225 ) (258 ) — — 483 — Income (loss) before income taxes 225 186 155 142 (483 ) 225 Income tax expense (benefit) 66 23 2 36 (61 ) 66 Consolidated net income (loss) $ 159 $ 163 $ 153 $ 106 $ (422 ) $ 159 Comprehensive net income (loss) $ 159 $ 152 $ 152 $ 145 $ (422 ) $ 186 Consolidating Statement of Cash Flows Cash Flow from Operating Activities $ — $ 23 $ 382 $ 162 $ — $ 567 Cash Flow from Investing Activities Additions to property, plant, and equipment — (13 ) (181 ) (34 ) — (228 ) Proceeds from sale of assets — — 4 — — 4 (Contributions) distributions to/from subsidiaries (20 ) (2,240 ) — — 2,260 — Intercompany advances (repayments) — 11 — — (11 ) — Acquisition of business, net of cash acquired — — (291 ) (1,992 ) — (2,283 ) Other investing activities, net — (11 ) — — — (11 ) Net cash from investing activities (20 ) (2,253 ) (468 (2,026 ) 2,249 (2,518 ) 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 20 — — — — 20 Payment of tax receivable agreement (57 ) — — — — (57 ) Repayments on long-term borrowings — (356) — (34) — (390 ) Contribution from Parent — — 291 1,969 (2,260 ) — Debt financing costs — (38 ) — — — (38 ) Changes in intercompany balances 57 — (110) 42 11 — Net cash from financing activities 20 2,096 115 1,977 (2,249 ) 1,959 Effect of exchange rate changes on cash — — — — — — Net change in cash — (134 ) 29 113 — 8 Cash and cash equivalents at beginning of period — 163 — 65 — 228 Cash and cash equivalents at end of period $ — $ 29 $ 29 $ 178 $ — $ 236 Three Quarterly Periods Ended June 27, 2015 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ — $ 464 $ 2,871 $ 350 $ — $ 3,685 Cost of goods sold — 394 2,366 277 — 3,037 Selling, general and administrative — 50 183 33 — 266 Amortization of intangibles — 6 58 6 — 70 Restructuring and impairment charges — — 11 — — 11 Operating income (loss) — 14 253 34 — 301 Debt extinguishment — 94 — — — 94 Other expense (income), net — (1 ) 2 1 — 2 Interest expense, net — 19 119 14 — 152 Equity in net income of subsidiaries (53 ) (148 ) — — 201 — Income (loss) before income taxes 53 50 132 19 (201 ) 53 Income tax expense (benefit) 15 12 — 3 (15 ) 15 Consolidated net income (loss) $ 38 $ 38 $ 132 $ 16 $ (186 ) $ 38 Comprehensive net income (loss) $ 38 $ 26 $ 132 $ (16 ) $ (186 ) $ (6 ) Consolidating Statement of Cash Flows Cash Flow from Operating Activities $ — $ (35 ) $ 407 $ 20 $ — $ 392 Cash Flow from Investing Activities Additions to property, plant, and equipment — (11 ) (110 ) (3 ) — (124 ) Proceeds from sale of assets — — 13 5 — 18 (Contributions) distributions to/from subsidiaries (16 ) 16 — — — — Intercompany advances (repayments) — 282 — — (282 ) — Acquisition of business, net of cash acquired — — — — — — Net cash from investing activities (16 ) 287 (97 ) 2 (282 ) (106 ) Cash Flow from Financing Activities Proceeds from long-term debt — 702 — — — 702 Proceeds from issuance of common stock 16 — — — — 16 Payment of tax receivable agreement (39 ) — — — — (39 ) Repayments on long-term borrowings — (937 ) — (3 ) — (940 ) Debt financing costs — (87 ) — — — (87 ) Changes in intercompany balances 39 — (321 ) — 282 — Net cash from financing activities 16 (322 ) (321 ) (3 ) 282 (348 ) Effect of exchange rate changes on cash — — — (5 ) — (5 ) Net change in cash — (70 ) (11 ) 14 — (67 ) Cash and cash equivalents at beginning of period — 70 15 44 — 129 Cash and cash equivalents at end of period $ — $ — $ 4 $ 58 $ — $ 62

Recently Issued Accounting Pr22

Recently Issued Accounting Pronouncements (Policy)	9 Months Ended
	Jul. 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)	9 Months Ended
	Jul. 02, 2016
Acquisition [Abstract]
Summary Of Acquisition	Working capital (a) $ 167 Property and equipment 977 Intangible assets 596 Goodwill 831 Historical Avintiv debt assumed (53 ) Non-controlling interest (63 ) Deferred purchase price (30 ) Other assets and long-term liabilities (165 ) (a) Includes an $11 million step up of inventory to fair value

Accounts Receivable Factoring24

Accounts Receivable Factoring Agreements (Tables)	9 Months Ended
	Jul. 02, 2016
Accounts Receivable Factoring Agreements [Abstract]
Summary Of Accounts Receivable Sold	July 2, September 26, 2016 2015 Trade receivables sold to financial institutions $ 25 $ - Net amounts advanced from financial institutions (21 ) - Amounts due from financial institutions $ 4 $ -

Restructuring And Impairment 25

Restructuring And Impairment Charges (Tables)	9 Months Ended
	Jul. 02, 2016
Restructuring And Impairment Charges [Abstract]
Components Of Restructuring Charges By Segment	Three Quarterly Periods Quarterly Period Ended Ended July 2, June 27, July 2, June 27, 2016 2015 2016 2015 Consumer Packaging $ 2 $ 2 $ 7 $ 10 Health, Hygiene & Specialties 4 — 20 — Engineered Materials — 1 2 1 Consolidated $ 6 $ 3 $ 29 $ 11
Schedule Of Restructuring Accrual Costs	Severance and Facilities termination exit costs Non-cash benefits and other charges Total Balance at September 26, 2015 $ 2 $ 8 — $ 10 Charges 22 5 2 29 Non-cash asset impairment — — (2 ) (2 ) Cash payments (14 ) (6 ) — (20 ) Balance at July 2, 2016 $ 10 $ 7 $ — $ 17

Accrued Expenses, Other Curre26

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities (Tables)	9 Months Ended
	Jul. 02, 2016
Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities [Abstract]
Summary Of Accrued Expenses And Other Current Liabilities	July 2, September 26, 2016 2015 Employee compensation, payroll and other $ 136 $ 95 Interest 41 38 Rebates 53 53 Restructuring 22 10 Accrued taxes 53 20 Tax receivable agreement obligation 76 57 Accrued operating expenses 85 65 $ 466 $ 338
Summary Of Other Long-Term Liabilities	July 2, September 26, 2016 2015 Lease retirement obligation $ 34 $ 32 Sale-lease back deferred gain 26 28 Pension liability 76 57 Deferred purchase price 40 — Tax receivable agreement obligation 99 175 Interest rate swaps 56 36 Other 44 13 $ 375 $ 341

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Jul. 02, 2016
Long-Term Debt [Abstract]
Summary Of Long-Term Debt	July 2, September 26, Maturity Date 2016 2015 Term loan February 2020 $ 1,355 $ 1,369 Term loan January 2021 814 — Term loan October 2022 1,995 — Modified term loan — — 1,019 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 — (61 ) (29 ) Capital leases and other Various 175 126 Total long-term debt 5,878 3,685 Current portion of long-term debt (66 ) (37 ) Long-term debt, less current portion $ 5,812 $ 3,648

Financial Instruments And Fai28

Financial Instruments And Fair Value Measurements (Tables)	9 Months Ended
	Jul. 02, 2016
Financial Instruments And Fair Value Measurements [Abstract]
Schedule Of Derivatives Instruments	July 2, September 26, Balance Sheet 2016 2015 Derivative instruments Other long-term liabilities $ 56 $ 36
Schedule Of Derivatives Not Designated As Hedging, By Statement Of Operations Location	Three Quarterly Periods Quarterly Period Ended Ended Statement of July 2, June 27, July 2, June 27, Derivatives instruments Operations Location 2016 2015 2016 2015 Interest rate swaps Interest expense, net $ 6 $ — $ 10 $ — Foreign currency swaps Other (income) expense $ 3 $ — $ 9 $ —
Schedule Of Fair Value Assets Measured On Nonrecurring Basis	As of July 2, 2016 Level 1 Level 2 Level 3 Total Impairment Indefinite-lived trademarks $ — $ — $ 248 $ 248 $ — Goodwill — — 2,541 2,541 — Definite lived intangible assets — — 942 942 — Property, plant, and equipment — — 2,276 2,276 2 Total $ — $ — $ 6,007 $ 6,007 $ 2 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)	9 Months Ended
	Jul. 02, 2016
Operating Segments [Abstract]
Summary Of Selected Information By Reportable Segment	Three Quarterly Periods Quarterly Period Ended Ended July 2, June 27, July 2, June 27, 2016 2015 2016 2015 Net sales: Consumer Packaging $ 705 $ 731 $ 2,075 $ 2,163 Health, Hygiene & Specialties 567 122 1,699 383 Engineered Materials 373 388 1,097 1,139 Total net sales $ 1,645 $ 1,241 $ 4,871 $ 3,685 Operating income: Consumer Packaging $ 63 $ 75 $ 173 $ 168 Health, Hygiene & Specialties 61 7 119 24 Engineered Materials 55 39 138 109 Total operating income $ 179 $ 121 $ 430 $ 301 Depreciation and amortization: Consumer Packaging $ 65 $ 59 $ 195 $ 177 Health, Hygiene & Specialties 36 8 140 26 Engineered Materials 19 20 55 60 Total depreciation and amortization $ 120 $ 87 $ 390 $ 263
Summary Of Assets And Goodwill By Segment	July 2, September 26, 2016 2015 Total assets: Consumer Packaging $ 3,617 $ 3,832 Health, Hygiene & Specialties 3,471 385 Engineered Materials 717 811 Total assets $ 7,805 $ 5,028 Goodwill: Consumer Packaging $ 1,521 $ 1,520 Health, Hygiene & Specialties 937 48 Engineered Materials 83 84 Total goodwill $ 2,541 $ 1,652
Summary Of Selected Information By Geography	Three Quarterly Periods Quarterly Period Ended Ended July 2, June 27, July 2, June 27, 2016 2015 2016 2015 Net sales: North America $ 1,329 $ 1,193 $ 3,939 $ 3,540 South America 88 2 246 5 Europe 158 30 481 91 Asia 70 16 205 49 Total net sales $ 1,645 $ 1,241 $ 4,871 $ 3,685
Summary Of Long-Lived Assets By Geography	July 2, September 26, 2016 2015 Long-lived assets: North America $ 4,706 $ 3,510 South America 570 5 Europe 488 79 Asia 275 51 Total Long-lived assets $ 6,039 $ 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 - - - - - 846 846 Foreign currency translation adjustment - - (1 ) - 1 43 43 Balance as of July 2, 2016 $ - $ - $ 83 $ - $ 1,521 $ 937 $ 2,541

Basic And Diluted Net Income 30

Basic And Diluted Net Income Per Share (Tables)	9 Months Ended
	Jul. 02, 2016
Basic And Diluted Net Income Per Share [Abstract]
Schedule Of Net Income Per Share	Three Quarterly Periods Quarterly Period Ended Ended (in millions, except per share amounts) July 2, June 27, July 2, June 27, 2016 2015 2016 2015 Numerator Consolidated net income (loss) $ 96 $ (13 ) $ 159 $ 38 Denominator Weighted average common shares outstanding - basic 121.1 119.5 120.5 118.9 Dilutive shares 4.8 - 3.4 4.8 Weighted average common and common equivalent shares outstanding - diluted 125.9 119.5 123.9 123.7 Per common share income (loss) Basic $ 0.79 $ (0.11 ) $ 1.32 $ 0.32 Diluted $ 0.76 $ (0.11 ) $ 1.28 $ 0.31

Accumulated Other Comprehensi31

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Jul. 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 39 — (30 ) 9 Net amount reclassified from accumulated other comprehensive income (loss) — — 10 10 Provision for income taxes related to other comprehensive income items — — 8 8 Balance at July 2, 2016 $ (42 ) $ (25 ) $ (25 ) $ (92 ) 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 (32 ) — (18 ) (50 ) reclassifications Net amount reclassified from accumulated — — — — other comprehensive income (loss) Provision for income taxes related to other — — 6 6 comprehensive income items Balance at June 27, 2015 $ (68 ) $ (15 ) $ (4 ) $ (87 )

Guarantor And Non-Guarantor F32

Guarantor And Non-Guarantor Financial Information (Tables)	9 Months Ended
	Jul. 02, 2016
Guarantor And Non-Guarantor Financial Information [Abstract]
Condensed Supplemental Consolidated Financial Information	Condensed Supplemental Consolidated Balance Sheet July 2, 2016 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Current assets 97 1,055 614 1,766 Intercompany receivable 436 2,935 46 (3,417 ) Property, plant, and equipment, net 78 1,474 724 2,276 Other assets 272 4,099 4,102 750 (5,460 ) 3,763 Total assets $ 708 $ 7,209 $ 6,631 $ 2,134 $ (8,877 ) $ 7,805 Current liabilities 76 209 495 306 1,086 Intercompany payable 45 3,372 (3,417 ) Other long-term liabilities 465 5,925 102 60 6,552 Redeemable non-controlling interest 12 12 (12 ) 12 Stockholders' equity (deficit) 155 1,030 2,662 1,756 (5,448 ) 155 Total liabilities and stockholders' equity (deficit) $ 708 $ 7,209 $ 6,631 $ 2,134 $ (8,877 ) $ 7,805 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 July 2, 2016 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ $ 150 $ 1,081 $ 414 $ $ 1,645 Cost of goods sold 140 834 322 1,296 Selling, general and administrative 6 93 30 129 Amortization of intangibles 2 27 6 35 Restructuring and impairment charges 1 5 6 Operating income 2 126 51 179 Debt extinguishment 4 4 Other expense (income), net 4 (4 ) (18 ) (18 ) Interest expense, net 9 63 1 73 Equity in net income of subsidiaries (120 ) (119 ) 239 Income (loss) before income taxes 120 104 67 68 (239 ) 120 Income tax expense (benefit) 24 4 1 14 (19 ) 24 Consolidated net income (loss) $ 96 $ 100 $ 66 $ 54 $ (220 ) $ 96 Comprehensive net income (loss) $ 96 $ 98 $ 65 $ 38 $ (220 ) $ 77 Quarterly Period Ended June 27, 2015 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ $ 155 $ 961 $ 125 $ $ 1,241 Cost of goods sold 121 773 109 1,003 Selling, general and administrative 17 63 12 92 Amortization of intangibles 2 18 2 22 Restructuring and impairment charges 3 3 Operating income 15 104 2 121 Debt extinguishment 94 94 Other expense (income), net (2 ) 3 1 2 Interest expense, net 6 37 4 47 Equity in net income of subsidiaries 22 (60 ) 38 Income (loss) before income taxes (22 ) (23 ) 64 (3 ) (38 ) (22 ) Income tax expense (benefit) (9 ) (10 ) 1 9 (9 ) Consolidated net income (loss) $ (13 ) $ (13 ) $ 64 $ (4 ) $ (47 ) $ (13 ) Comprehensive net income (loss) $ (13 ) $ (11 ) $ 64 $ (2 ) $ (47 ) $ (9 ) Three Quarterly Periods Ended July 2, 2016 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ $ 442 $ 3,143 $ 1,286 $ $ 4,871 Cost of goods sold 373 2,490 1,022 3,885 Selling, general and administrative 89 251 81 421 Amortization of intangibles 6 77 23 106 Restructuring and impairment charges 23 6 29 Operating income (26 ) 302 154 430 Debt extinguishment 4 4 Other expense (income), net 15 (11 ) (25 ) (21 ) Interest expense, net 27 158 37 222 Equity in net income of subsidiaries (225 ) (258 ) 483 Income (loss) before income taxes 225 186 155 142 (483 ) 225 Income tax expense (benefit) 66 23 2 36 (61 ) 66 Consolidated net income (loss) $ 159 $ 163 $ 153 $ 106 $ (422 ) $ 159 Comprehensive net income (loss) $ 159 $ 152 $ 152 $ 145 $ (422 ) $ 186 Consolidating Statement of Cash Flows Cash Flow from Operating Activities $ $ 23 $ 382 $ 162 $ $ 567 Cash Flow from Investing Activities Additions to property, plant, and equipment (13 ) (181 ) (34 ) (228 ) Proceeds from sale of assets 4 4 (Contributions) distributions to/from subsidiaries (20 ) (2,240 ) 2,260 Intercompany advances (repayments) 11 (11 ) Acquisition of business, net of cash acquired (291 ) (1,992 ) (2,283 ) Other investing activities, net (11 ) (11 ) Net cash from investing activities (20 ) (2,253 ) (468 (2,026 ) 2,249 (2,518 ) 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 20 20 Payment of tax receivable agreement (57 ) (57 ) Repayments on long-term borrowings (356) (34) (390 ) Contribution from Parent 291 1,969 (2,260 ) Debt financing costs (38 ) (38 ) Changes in intercompany balances 57 (110) 42 11 Net cash from financing activities 20 2,096 115 1,977 (2,249 ) 1,959 Effect of exchange rate changes on cash Net change in cash (134 ) 29 113 8 Cash and cash equivalents at beginning of period 163 65 228 Cash and cash equivalents at end of period $ $ 29 $ 29 $ 178 $ $ 236 Three Quarterly Periods Ended June 27, 2015 Non Guarantor Guarantor Parent Issuer Subsidiaries Subsidiaries Eliminations Total Net sales $ $ 464 $ 2,871 $ 350 $ $ 3,685 Cost of goods sold 394 2,366 277 3,037 Selling, general and administrative 50 183 33 266 Amortization of intangibles 6 58 6 70 Restructuring and impairment charges 11 11 Operating income (loss) 14 253 34 301 Debt extinguishment 94 94 Other expense (income), net (1 ) 2 1 2 Interest expense, net 19 119 14 152 Equity in net income of subsidiaries (53 ) (148 ) 201 Income (loss) before income taxes 53 50 132 19 (201 ) 53 Income tax expense (benefit) 15 12 3 (15 ) 15 Consolidated net income (loss) $ 38 $ 38 $ 132 $ 16 $ (186 ) $ 38 Comprehensive net income (loss) $ 38 $ 26 $ 132 $ (16 ) $ (186 ) $ (6 ) Consolidating Statement of Cash Flows Cash Flow from Operating Activities $ $ (35 ) $ 407 $ 20 $ $ 392 Cash Flow from Investing Activities Additions to property, plant, and equipment (11 ) (110 ) (3 ) (124 ) Proceeds from sale of assets 13 5 18 (Contributions) distributions to/from subsidiaries (16 ) 16 Intercompany advances (repayments) 282 (282 ) Acquisition of business, net of cash acquired Net cash from investing activities (16 ) 287 (97 ) 2 (282 ) (106 ) Cash Flow from Financing Activities Proceeds from long-term debt 702 702 Proceeds from issuance of common stock 16 16 Payment of tax receivable agreement (39 ) (39 ) Repayments on long-term borrowings (937 ) (3 ) (940 ) Debt financing costs (87 ) (87 ) Changes in intercompany balances 39 (321 ) 282 Net cash from financing activities 16 (322 ) (321 ) (3 ) 282 (348 ) Effect of exchange rate changes on cash (5 ) (5 ) Net change in cash (70 ) (11 ) 14 (67 ) Cash and cash equivalents at beginning of period 70 15 44 129 Cash and cash equivalents at end of period $ $ $ 4 $ 58 $ $ 62

Basis Of Presentation (Details)

Basis Of Presentation (Details)	9 Months Ended
	Jul. 02, 2016segment
Basis Of Presentation [Abstract]
Number of operating segments	3

Recently Issued Accounting Pr34

Recently Issued Accounting Pronouncements (Details) $ in Millions	Jul. 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		9 Months Ended
	Oct. 31, 2015	Jul. 02, 2016	Jun. 27, 2015	Jul. 02, 2016	Jun. 27, 2015
Business Acquisitions [Line Item]
Total net sales		$ 1,645	$ 1,241	$ 4,871	$ 3,685
Intangible assets, purchase price adjustment		10
Goodwill, purchase price adjustment		21
Property and equipment, purchase price adjustment		(27)
AVINTIV [Member]
Business 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		5,100
Net losses			$ 22		$ 30
Term Loan Due October 2022 [Member]
Business Acquisitions [Line Item]
Maturity date				Oct. 1, 2022
Term Loan Due October 2022 [Member] | AVINTIV [Member]
Business 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]
Business 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]
Business 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		Jul. 02, 2016	Sep. 26, 2015
Business Acquisition [Line Items]
Goodwill		$ 2,541	$ 1,652
Deferred purchase price		(40)
AVINTIV [Member]
Business Acquisition [Line Items]
Working capital	[1]	167
Property and equipment		977
Intangible asset		596
Goodwill		831
Historical Avintiv debt assumed		(53)
Non-controlling interest		(63)
Deferred purchase price		(30)
Other assets and long-term liabilities		(165)
Inventory		$ 11
[1]	(a) Includes an $11 million step up of inventory to fair value

Accounts Receivable Factoring37

Accounts Receivable Factoring Agreements (Details) - USD ($) $ in Millions	Jul. 02, 2016	Sep. 26, 2015
Accounts Receivable Factoring Agreements [Abstract]
Trade receivables sold to financial institutions	$ 25
Net amounts advanced from financial institutions	(21)
Amounts due from financial institutions	$ 4

Restructuring And Impairment 38

Restructuring And Impairment Charges (Components Of Restructuring Charges By Segment) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015	Jul. 02, 2016	Jun. 27, 2015
Restructuring And Impairment Charges [Line Items]
Charges	$ 6	$ 3	$ 29	$ 11
Consumer Packaging [Member]
Restructuring And Impairment Charges [Line Items]
Charges	2	2	7	10
Health, Hygiene, & Specialities [Member]
Restructuring And Impairment Charges [Line Items]
Charges	$ 4		20
Engineered Materials [Member]
Restructuring And Impairment Charges [Line Items]
Charges		$ 1	$ 2	$ 1

Restructuring And Impairment 39

Restructuring And Impairment Charges (Schedule Of Restructuring Accrual Costs) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015	Jul. 02, 2016	Jun. 27, 2015
Restructuring And Impairment Charges [Line Items]
Beginning balance			$ 10
Charges	$ 6	$ 3	29	$ 11
Non-cash asset impairment			(2)
Cash payments			(20)
Ending balance	17		17
Severance And Termination Benefits [Member]
Restructuring And Impairment Charges [Line Items]
Beginning balance			2
Charges			22
Cash payments			(14)
Ending balance	10		10
Facilities Exit Costs And Other [Member]
Restructuring And Impairment Charges [Line Items]
Beginning balance			8
Charges			5
Cash payments			(6)
Ending balance	$ 7		7
Non-Cash Charges [Member]
Restructuring And Impairment Charges [Line Items]
Charges			2
Non-cash asset impairment			$ (2)

Accrued Expenses, Other Curre40

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 Curre41

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities (Summary Of Accrued Expenses And Other Current Liabilities) (Details) - USD ($) $ in Millions	Jul. 02, 2016	Sep. 26, 2015
Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities [Abstract]
Employee compensation, payroll and other	$ 136	$ 95
Interest	41	38
Rebates	53	53
Restructuring	22	10
Accrued taxes	53	20
Tax receivable agreement obligation	76	57
Accrued operating expenses	85	65
Total accrued liabilities, current	$ 466	$ 338

Accrued Expenses, Other Curre42

Accrued Expenses, Other Current Liabilities And Other Long-Term Liabilities (Summary Of Other Long-Term Liabilities) (Details) - USD ($) $ in Millions	Jul. 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	26	28
Pension liability	76	57
Deferred purchase price	40
Tax receivable agreement obligation	99	175
Interest rate swaps	56	36
Other	44	13
Other long-term liabilities	$ 375	$ 341

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details) $ in Millions	1 Months Ended		3 Months Ended		9 Months Ended
	Jun. 30, 2016USD ($)	Oct. 31, 2015USD ($)	Jul. 02, 2016USD ($)	Jun. 27, 2015USD ($)	Jul. 02, 2016USD ($)	Jun. 27, 2015USD ($)	Sep. 26, 2015USD ($)
Debt Instrument [Line Items]
Debt extinguishment			$ 4	$ 94	$ 4	$ 94
Debt discount			61		61		$ 29
Term Loans [Member]
Debt Instrument [Line Items]
Voluntary payment					390
6.0% Second Priority Senior Secured Notes Due 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount			$ 400		$ 400
Debt instrument, interest rate			6.00%		6.00%
Term Loan Due October 2022 [Member]
Debt Instrument [Line Items]
Incremental term loan bears interest at LIBOR plus	2.75%
Per annum with a LIBOR floor	1
Maturity date					Oct. 1, 2022
Term Loan Due January 2021 [Member]
Debt Instrument [Line Items]
Per annum with a LIBOR floor	1
Maturity date					Jan. 1, 2021
First Lien Secured Leverage Ratio For Term Loan Due October 2022 [Member]
Debt Instrument [Line Items]
Incremental term loan bears interest at LIBOR plus					2.50%
Maximum [Member] | First Lien Secured Leverage Ratio For Term Loan Due October 2022 [Member]
Debt Instrument [Line Items]
Leverage ratio					3
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			$ 4,200		$ 4,200
Senior Unsecured Term Loan [Member] | Revolving Line Of Credit [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity			$ 650		$ 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
AVINTIV [Member] | Term Loan Due January 2021 [Member]
Debt Instrument [Line Items]
Incremental term loan bears interest at LIBOR plus	2.50%
AVINTIV [Member] | Term Loans Due October 2022 and January 2021 [Member]
Debt Instrument [Line Items]
Debt extinguishment	$ 4
Debt discount	$ 2

Long-Term Debt (Summary Of Long

Long-Term Debt (Summary Of Long-Term Debt) (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 02, 2016	Sep. 26, 2015
Debt Instrument [Line Items]
Debt discounts and deferred fees	$ (61)	$ (29)
Capital leases and other	175	126
Total long-term debt	5,878	3,685
Current portion of long-term debt	(66)	(37)
Long-term debt, less current portion	$ 5,812	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	$ 1,355	1,369
Maturity date	Feb. 1, 2020
Term Loan Due January 2021 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 814
Maturity date	Jan. 1, 2021
Term Loan Due October 2022 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 1,995
Maturity date	Oct. 1, 2022
Modified Term Loan [Member]
Debt Instrument [Line Items]
Long-term debt		1,019
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 Fai45

Financial Instruments And Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	9 Months Ended
	Jun. 28, 2013	Jul. 02, 2016	Sep. 30, 2015	Mar. 31, 2014	Feb. 28, 2013
Derivative [Line Items]
Fair value of investments exceeding book value		$ 75
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
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 Fai46

Financial Instruments And Fair Value Measurements (Schedule Of Derivative Instruments (Details) - USD ($) $ in Millions	Jul. 02, 2016	Sep. 26, 2015
Derivatives, Fair Value [Line Items]
Interest rate swaps	$ 56	$ 36
Other Long-Term Liabilities [Member]
Derivatives, Fair Value [Line Items]
Interest rate swap	$ 56	$ 36

Financial Instruments And Fai47

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	9 Months Ended
	Jul. 02, 2016	Jul. 02, 2016
Interest Rate Swap [Member] | Interest Expense, Net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative instruments	$ 6	$ 10
Foreign Currency Swaps [Member] | Other (Income) Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative instruments	$ 3	$ 9

Financial Instruments And Fai48

Financial Instruments And Fair Value Measurements (Schedule of Fair Value Assets Measured On A Non-Recurring Basis) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Jul. 02, 2016	Sep. 26, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Indefinite-lived trademarks	$ 248	$ 207
Goodwill	2,541	1,652
Definite lived intangible assets	942	486
Property, plant, and equipment	2,276	1,294
Total	6,007	3,639
Property, plant, and equipment, Impairment	2	2
Fair value asset impairment charges	2	2
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Indefinite-lived trademarks
Goodwill
Definite lived intangible assets
Property, plant, and equipment
Total
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Indefinite-lived trademarks	248	207
Goodwill	2,541	1,652
Definite lived intangible assets	942	486
Property, plant, and equipment	2,276	1,294
Total	$ 6,007	$ 3,639

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015	Jul. 02, 2016	Jun. 27, 2015
Income Taxes [Abstract]
Effective tax rate due to valuation allowances	20.00%	41.00%	29.00%	28.00%

Operating Segments (Narrative)

Operating Segments (Narrative) (Details)	9 Months Ended
	Jul. 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		9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015	Jul. 02, 2016	Jun. 27, 2015
Segment Reporting Information [Line Items]
Total net sales	$ 1,645	$ 1,241	$ 4,871	$ 3,685
Total operating income	179	121	430	301
Total depreciation and amortization	120	87	390	263
Consumer Packaging [Member]
Segment Reporting Information [Line Items]
Total net sales	705	731	2,075	2,163
Total operating income	63	75	173	168
Total depreciation and amortization	65	59	195	177
Health, Hygiene, & Specialities [Member]
Segment Reporting Information [Line Items]
Total net sales	567	122	1,699	383
Total operating income	61	7	119	24
Total depreciation and amortization	36	8	140	26
Engineered Materials [Member]
Segment Reporting Information [Line Items]
Total net sales	373	388	1,097	1,139
Total operating income	55	39	138	109
Total depreciation and amortization	$ 19	$ 20	$ 55	$ 60

Operating Segments (Summary O52

Operating Segments (Summary Of Assets And Goodwill By Segment) (Details) - USD ($) $ in Millions	Jul. 02, 2016	Sep. 26, 2015
Segment Reporting Information [Line Items]
Total assets	$ 7,805	$ 5,028
Total goodwill	2,541	1,652
Consumer Packaging [Member]
Segment Reporting Information [Line Items]
Total assets	3,617	3,832
Total goodwill	1,521	1,520
Health, Hygiene, & Specialities [Member]
Segment Reporting Information [Line Items]
Total assets	3,471	385
Total goodwill	937	48
Engineered Materials [Member]
Segment Reporting Information [Line Items]
Total assets	717	811
Total goodwill	$ 83	$ 84

Operating Segments (Summary O53

Operating Segments (Summary Of Selected Information By Geography) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015	Jul. 02, 2016	Jun. 27, 2015
Segment Reporting Information [Line Items]
Total net sales	$ 1,645	$ 1,241	$ 4,871	$ 3,685
North America [Member]
Segment Reporting Information [Line Items]
Total net sales	1,329	1,193	3,939	3,540
South America [Member]
Segment Reporting Information [Line Items]
Total net sales	88	2	246	5
Europe [Member]
Segment Reporting Information [Line Items]
Total net sales	158	30	481	91
Asia [Member]
Segment Reporting Information [Line Items]
Total net sales	$ 70	$ 16	$ 205	$ 49

Operating Segments (Summary O54

Operating Segments (Summary Of Long-Lived Assets By Geography) (Details) - USD ($) $ in Millions	Jul. 02, 2016	Sep. 26, 2015
Segment Reporting Information [Line Items]
Total long-lived assets	$ 6,039	$ 3,645
North America [Member]
Segment Reporting Information [Line Items]
Total long-lived assets	4,706	3,510
South America [Member]
Segment Reporting Information [Line Items]
Total long-lived assets	570	5
Europe [Member]
Segment Reporting Information [Line Items]
Total long-lived assets	488	79
Asia [Member]
Segment Reporting Information [Line Items]
Total long-lived assets	$ 275	$ 51

Operating Segments (Changes In

Operating Segments (Changes In The Carrying Amount Of Goodwill) (Details) $ in Millions	9 Months Ended
	Jul. 02, 2016USD ($)
Goodwill [Line Items]
Goodwill, Beginning balance	$ 1,652
Acquisitions, net	846
Foreign currency translation adjustment	43
Goodwill, Ending balance	2,541
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
Foreign currency translation adjustment	(1)
Goodwill, Ending balance	83
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	846
Foreign currency translation adjustment	43
Goodwill, Ending balance	$ 937

Basic And Diluted Net Income 56

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		9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015	Jul. 02, 2016	Jun. 27, 2015
Basic And Diluted Net Income Per Share [Abstract]
Consolidated net income (loss)	$ 96	$ (13)	$ 159	$ 38
Weighted average common shares outstanding - basic	121.1	119.5	120.5	118.9
Dilutive shares	4.8		3.4	4.8
Weighted average common and common equivalent shares outstanding - diluted	125.9	119.5	123.9	123.7
Basic	$ 0.79	$ (0.11)	$ 1.32	$ 0.32
Diluted	$ 0.76	$ (0.11)	$ 1.28	$ 0.31

Accumulated Other Comprehensi57

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (119)	$ (43)
Other comprehensive income (loss) before reclassifications	9	(50)
Net amount reclassified from accumulated other comprehensive income (loss)	10
Provision for income taxes related to other comprehensive income items	8	6
Ending balance	(92)	(87)
Currency Translation [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(81)	(36)
Other comprehensive income (loss) before reclassifications	39	(32)
Net amount reclassified from accumulated other comprehensive income (loss)
Provision for income taxes related to other comprehensive income items
Ending balance	(42)	(68)
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)
Provision for income taxes related to other comprehensive income items
Ending balance	(25)	(15)
Interest Rate Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(13)	8
Other comprehensive income (loss) before reclassifications	(30)	(18)
Net amount reclassified from accumulated other comprehensive income (loss)	10
Provision for income taxes related to other comprehensive income items	8	6
Ending balance	$ (25)	$ (4)

Purchase Of Non-Controlling I58

Purchase Of Non-Controlling Interest (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jan. 02, 2016	Sep. 27, 2014	Jul. 02, 2016	Sep. 26, 2015
Business Acquisition [Line Items]
Additional paid-in capital			$ 440	$ 406
Providencia [Member]
Business Acquisition [Line Items]
Percentage of controlling interest	28.75%
Purchase price, cash	$ 66
Additional paid-in capital	$ 3
AVINTIV [Member]
Business Acquisition [Line Items]
Percentage of controlling interest		71.25%

Guarantor And Non-Guarantor F59

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

Guarantor And Non-Guarantor F60

Guarantor And Non-Guarantor Financial Information (Condensed Supplemental Consolidated Balance Sheet) (Details) - USD ($) $ in Millions	Jul. 02, 2016	Sep. 26, 2015
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Current assets	$ 1,766	$ 1,383
Property, plant, and equipment, net	2,276	1,294
Other assets	3,763	2,351
Total assets	7,805	5,028
Current liabilities	1,086	705
Other long-term liabilities	6,552	4,376
Redeemable non-controlling interest	12	12
Stockholders equity (deficit)	155	(65)
Total liabilities and stockholders' equity (deficit)	7,805	5,028
Parent Company [Member]
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Current assets		162
Intercompany receivable	436	329
Other assets	272	75
Total assets	708	566
Current liabilities	76	57
Other long-term liabilities	465	562
Redeemable non-controlling interest	12	12
Stockholders equity (deficit)	155	(65)
Total liabilities and stockholders' equity (deficit)	708	566
Issuer [Member]
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Current assets	97	257
Intercompany receivable	2,935	2,963
Property, plant, and equipment, net	78	79
Other assets	4,099	1,553
Total assets	7,209	4,852
Current liabilities	209	205
Intercompany payable	45
Other long-term liabilities	5,925	3,769
Stockholders equity (deficit)	1,030	878
Total liabilities and stockholders' equity (deficit)	7,209	4,852
Guarantor Subsidiaries [Member]
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Current assets	1,055	767
Property, plant, and equipment, net	1,474	1,111
Other assets	4,102	2,152
Total assets	6,631	4,030
Current liabilities	495	366
Intercompany payable	3,372	3,375
Other long-term liabilities	102	39
Stockholders equity (deficit)	2,662	250
Total liabilities and stockholders' equity (deficit)	6,631	4,030
Non-Guarantor Subsidiaries [Member]
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Current assets	614	197
Intercompany receivable	46	83
Property, plant, and equipment, net	724	104
Other assets	750	102
Total assets	2,134	486
Current liabilities	306	77
Other long-term liabilities	60	6
Redeemable non-controlling interest	12
Stockholders equity (deficit)	1,756	403
Total liabilities and stockholders' equity (deficit)	2,134	486
Eliminations [Member]
Condensed Supplemental Consolidated Balance Sheet [Line Items]
Intercompany receivable	(3,417)	(3,375)
Other assets	(5,460)	(1,531)
Total assets	(8,877)	(4,906)
Intercompany payable	(3,417)	(3,375)
Redeemable non-controlling interest	(12)
Stockholders equity (deficit)	(5,448)	(1,531)
Total liabilities and stockholders' equity (deficit)	$ (8,877)	$ (4,906)

Guarantor And Non-Guarantor F61

Guarantor And Non-Guarantor Financial Information (Condensed Supplemental Consolidated Statements Of Operations) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015	Jul. 02, 2016	Jun. 27, 2015
Condensed Consolidating Financial Information [Line Items]
Net sales	$ 1,645	$ 1,241	$ 4,871	$ 3,685
Cost of goods sold	1,296	1,003	3,885	3,037
Selling, general and administrative	129	92	421	266
Amortization of intangibles	35	22	106	70
Restructuring and impairment charges	6	3	29	11
Operating income (loss)	179	121	430	301
Debt extinguishment	4	94	4	94
Other expense (income), net	(18)	2	(21)	2
Interest expense, net	73	47	222	152
Income (loss) before income taxes	120	(22)	225	53
Income tax expense (benefit)	24	(9)	66	15
Consolidated net income (loss)	96	(13)	159	38
Comprehensive net income (loss)	77	(9)	186	(6)
Parent Company [Member]
Condensed Consolidating Financial Information [Line Items]
Equity in net income of subsidiaries	(120)	22	(225)	(53)
Income (loss) before income taxes	120	(22)	225	53
Income tax expense (benefit)	24	(9)	66	15
Consolidated net income (loss)	96	(13)	159	38
Comprehensive net income (loss)	96	(13)	159	38
Issuer [Member]
Condensed Consolidating Financial Information [Line Items]
Net sales	150	155	442	464
Cost of goods sold	140	121	373	394
Selling, general and administrative	6	17	89	50
Amortization of intangibles	2	2	6	6
Operating income (loss)	2	15	(26)	14
Debt extinguishment	4	94	4	94
Other expense (income), net	4	(2)	15	(1)
Interest expense, net	9	6	27	19
Equity in net income of subsidiaries	(119)	(60)	(258)	(148)
Income (loss) before income taxes	104	(23)	186	50
Income tax expense (benefit)	4	(10)	23	12
Consolidated net income (loss)	100	(13)	163	38
Comprehensive net income (loss)	98	(11)	152	26
Guarantor Subsidiaries [Member]
Condensed Consolidating Financial Information [Line Items]
Net sales	1,081	961	3,143	2,871
Cost of goods sold	834	773	2,490	2,366
Selling, general and administrative	93	63	251	183
Amortization of intangibles	27	18	77	58
Restructuring and impairment charges	1	3	23	11
Operating income (loss)	126	104	302	253
Other expense (income), net	(4)	3	(11)	2
Interest expense, net	63	37	158	119
Income (loss) before income taxes	67	64	155	132
Income tax expense (benefit)	1		2
Consolidated net income (loss)	66	64	153	132
Comprehensive net income (loss)	65	64	152	132
Non-Guarantor Subsidiaries [Member]
Condensed Consolidating Financial Information [Line Items]
Net sales	414	125	1,286	350
Cost of goods sold	322	109	1,022	277
Selling, general and administrative	30	12	81	33
Amortization of intangibles	6	2	23	6
Restructuring and impairment charges	5		6
Operating income (loss)	51	2	154	34
Other expense (income), net	(18)	1	(25)	1
Interest expense, net	1	4	37	14
Income (loss) before income taxes	68	(3)	142	19
Income tax expense (benefit)	14	1	36	3
Consolidated net income (loss)	54	(4)	106	16
Comprehensive net income (loss)	38	(2)	145	(16)
Eliminations [Member]
Condensed Consolidating Financial Information [Line Items]
Equity in net income of subsidiaries	239	38	483	201
Income (loss) before income taxes	(239)	(38)	(483)	(201)
Income tax expense (benefit)	(19)	9	(61)	(15)
Consolidated net income (loss)	(220)	(47)	(422)	(186)
Comprehensive net income (loss)	$ (220)	$ (47)	$ (422)	$ (186)

Guarantor And Non-Guarantor F62

Guarantor And Non-Guarantor Financial Information (Condensed Supplemental Consolidated Statements Of Cash Flows) (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
Cash Flow from Operating Activities	$ 567	$ 392
Additions to property, plant and equipment	(228)	(124)
Proceeds from sale of assets	4	18
Acquisition of business net of cash acquired	(2,283)
Other investing activities, net	(11)
Net cash from investing activities	(2,518)	(106)
Proceeds from long-term debt	2,490	702
Purchase of non-controlling interest	(66)
Payment of tax receivable agreement	(57)	(39)
Proceeds from issuance of common stock	20	16
Repayments on long-term borrowings	(390)	(940)
Debt financing costs	(38)	(87)
Net cash from financing activities	1,959	(348)
Effect of exchange rate on cash		(5)
Net change in cash	8	(67)
Cash and cash equivalents at beginning of period	228	129
Cash and cash equivalents at end of period	236	62
Parent Company [Member]
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
(Contributions) distributions to/from subsidiaries	(20)	(16)
Net cash from investing activities	(20)	(16)
Payment of tax receivable agreement	(57)	(39)
Proceeds from issuance of common stock	20	16
Changes in intercompany balances	57	39
Net cash from financing activities	20	16
Issuer [Member]
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
Cash Flow from Operating Activities	23	(35)
Additions to property, plant and equipment	(13)	(11)
(Contributions) distributions to/from subsidiaries	(2,240)	16
Intercompany advances (repayments)	11	282
Other investing activities, net	(11)
Net cash from investing activities	(2,253)	287
Proceeds from long-term debt	2,490	702
Repayments on long-term borrowings	(356)	(937)
Debt financing costs	(38)	(87)
Net cash from financing activities	2,096	(322)
Net change in cash	(134)	(70)
Cash and cash equivalents at beginning of period	163	70
Cash and cash equivalents at end of period	29
Guarantor Subsidiaries [Member]
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
Cash Flow from Operating Activities	382	407
Additions to property, plant and equipment	(181)	(110)
Proceeds from sale of assets	4	13
Acquisition of business net of cash acquired	(291)
Net cash from investing activities	(468)	(97)
Purchase of non-controlling interest	(66)
Changes in intercompany balances	(110)	(321)
Contribution from Parent	291
Net cash from financing activities	115	(321)
Net change in cash	29	(11)
Cash and cash equivalents at beginning of period		15
Cash and cash equivalents at end of period	29	4
Non-Guarantor Subsidiaries [Member]
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
Cash Flow from Operating Activities	162	20
Additions to property, plant and equipment	(34)	(3)
Proceeds from sale of assets		5
Acquisition of business net of cash acquired	(1,992)
Net cash from investing activities	(2,026)	2
Repayments on long-term borrowings	(34)	(3)
Changes in intercompany balances	42
Contribution from Parent	1,969
Net cash from financing activities	1,977	(3)
Effect of exchange rate on cash		(5)
Net change in cash	113	14
Cash and cash equivalents at beginning of period	65	44
Cash and cash equivalents at end of period	178	58
Eliminations [Member]
Condensed Supplemental Consolidated Statement of Cash Flows [Line Items]
(Contributions) distributions to/from subsidiaries	2,260
Intercompany advances (repayments)	(11)	(282)
Net cash from investing activities	2,249	(282)
Changes in intercompany balances	11	282
Contribution from Parent	(2,260)
Net cash from financing activities	$ (2,249)	$ 282