Aramark (ARMK) 10-Q 9 Feb 21 2021 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Jan. 01, 2021	Jan. 29, 2021
Cover [Abstract]
Document Type	10-Q
Document Period End Date	Jan. 1, 2021
Current Fiscal Year End Date	--10-01
Entity File Number	001-36223
Entity Registrant Name	Aramark
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-8236097
Entity Address, Address Line One	2400 Market Street
Entity Address, Postal Zip Code	19103
Entity Address, City or Town	Philadelphia,
Entity Address, State or Province	PA
City Area Code	215
Local Phone Number	238-3000
Title of 12(b) Security	Common Stock,
Trading Symbol	ARMK
Security Exchange Name	NYSE
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Amendment Flag	false
Entity Central Index Key	0001584509
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Entity Common Stock, Shares Outstanding		253,977,249

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jan. 01, 2021	Oct. 02, 2020
Current Assets:
Cash and cash equivalents	$ 1,166,226	$ 2,509,188
Receivables (less allowances: 2021 - $82,918; 2020 - $74,925)	1,511,076	1,431,206
Inventories	427,195	436,473
Prepayments and other current assets	311,608	298,944
Total current assets	3,416,105	4,675,811
Property and Equipment, net	2,029,264	2,050,908
Goodwill	5,369,298	5,343,828
Other Intangible Assets	1,934,463	1,932,637
Operating Lease Right-of-use Assets	563,134	551,394
Other Assets	1,193,935	1,158,106
Assets	14,506,199	15,712,684
Current Liabilities:
Current maturities of long-term borrowings	98,328	99,915
Current operating lease liabilities	72,255	71,810
Accounts payable	644,270	663,455
Accrued expenses and other current liabilities	1,461,762	1,512,278
Total current liabilities	2,276,615	2,347,458
Long-Term Borrowings	8,111,140	9,178,508
Noncurrent Operating Lease Liabilities	332,928	341,667
Deferred Income Taxes and Other Noncurrent Liabilities	1,098,526	1,099,075
Commitments and Contingencies
Redeemable Noncontrolling Interest	9,851	9,988
Stockholders' Equity:
Common stock, par value $0.01 (authorized: 600,000,000 shares; issued: 2021—291,894,615 shares and 2020—290,663,529 shares; and outstanding: 2021—253,957,496 shares and 2020—253,042,169 shares)	2,919	2,907
Capital surplus	3,444,919	3,416,132
Retained earnings	421,246	532,379
Accumulated other comprehensive loss	(273,152)	(307,258)
Treasury stock (shares held in treasury: 2021—37,937,119 shares and 2020—37,621,360 shares)	(918,793)	(908,172)
Total stockholders' equity	2,677,139	2,735,988
Liabilities and Equity	$ 14,506,199	$ 15,712,684

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jan. 01, 2021	Oct. 02, 2020
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable, current	$ 82,918	$ 74,925
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	600,000,000	600,000,000
Common stock, shares issued (in shares)	291,894,615	290,663,529
Common stock, shares outstanding (in shares)	253,957,496	253,042,169
Treasury stock, shares held in treasury (in shares)	37,937,119	37,621,360

Condensed Consolidated Statemen

Condensed Consolidated Statements of (Loss) Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Income Statement [Abstract]
Revenue	$ 2,743,789	$ 4,253,597
Costs and Expenses:
Cost of services provided (exclusive of depreciation and amortization)	2,535,627	3,768,113
Depreciation and amortization	138,574	147,936
Selling and general corporate expenses	90,055	83,255
Costs and Expenses	2,764,256	3,999,304
Operating (loss) income	(20,467)	254,293
Interest and Other Financing Costs, net	100,409	79,585
(Loss) Income Before Income Taxes	(120,876)	174,708
(Benefit) Provision for Income Taxes	(39,496)	28,825
Net (loss) income	(81,380)	145,883
Less: Net (loss) income attributable to noncontrolling interest	(137)	122
Net (loss) income attributable to Aramark stockholders	$ (81,243)	$ 145,761
(Loss) Earnings per share attributable to Aramark stockholders:
Basic (in dollars per share)	$ (0.32)	$ 0.59
Diluted (in dollars per share)	$ (0.32)	$ 0.57
Weighted Average Shares Outstanding:
Basic (in shares)	253,668	248,731
Diluted (in shares)	253,668	254,121

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (81,380)	$ 145,883
Other comprehensive income, net of tax
Pension plan adjustments	975	285
Foreign currency translation adjustments	26,182	14,585
Fair value of cash flow hedges	9,119	6,753
Share of equity investee's comprehensive (loss) income	(220)	147
Other comprehensive income, net of tax	34,106	21,200
Comprehensive (loss) income	(47,274)	167,083
Less: Net (loss) income attributable to noncontrolling interest	(137)	122
Comprehensive (loss) income attributable to Aramark stockholders	$ (47,137)	$ 166,961

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Cash flows from operating activities:
Net (loss) income	$ (81,380)	$ 145,883
Adjustments to reconcile net (loss) income to net cash used in operating activities
Depreciation and amortization	138,574	147,936
Deferred income taxes	2,227	29,432
Share-based compensation expense	18,312	14,116
Changes in operating assets and liabilities:
Accounts Receivable	(46,714)	(155,284)
Inventories	14,597	14,199
Prepayments and Other Current Assets	(4,894)	(2,224)
Accounts Payable	(37,841)	(141,235)
Accrued Expenses	(96,624)	(359,801)
Payments made to clients on contracts	(25,434)	(10,006)
Other operating activities	4,007	7,500
Net cash used in operating activities	(115,170)	(309,484)
Cash flows from investing activities:
Purchases of property and equipment and other	(69,194)	(99,196)
Disposals of property and equipment	4,132	3,646
Acquisition of certain businesses, net of cash acquired	(29,383)	(7,102)
Proceeds from governmental agencies related to property and equipment	10,000	15,250
Other investing activities	(6,331)	51
Net cash used in investing activities	(90,776)	(87,351)
Cash flows from financing activities:
Proceeds from long-term borrowings	22,972	58,671
Payments of long-term borrowings	(825,047)	(38,385)
Net change in funding under the Receivables Facility	(315,600)	450,000
Payments of dividends	(27,911)	(27,483)
Proceeds from issuance of common stock	7,813	26,089
Other financing activities	(10,390)	(57,329)
Net cash (used in) provided by financing activities	(1,148,163)	411,563
Effect of foreign exchange rates on cash and cash equivalents	11,147	3,247
(Decrease) increase in cash and cash equivalents	(1,342,962)	17,975
Cash and cash equivalents, beginning of period	2,509,188	246,643
Cash and cash equivalents, end of period	1,166,226	264,618
Supplemental Cash Flow Information
Interest paid	106,100	87,300
Income taxes (refunded) paid	$ (29,300)	$ 15,700

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Total Stockholders' Equity	Common Stock	Capital Surplus	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Stock
Balance Beginning at Sep. 27, 2019		$ 3,320,047	$ 2,829	$ 3,236,450	$ 1,107,029	$ (216,965)	$ (809,296)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to Aramark stockholders	$ 145,761	145,761			145,761
Other comprehensive income	21,200	21,200				21,200
Capital contributions from issuance of common stock		60,623	42	60,581
Share-based compensation expense		14,116		14,116
Repurchases of common stock		(80,459)					(80,459)
Payments of dividends		(29,712)			(29,712)
Balance Ending at Dec. 27, 2019		3,451,576	2,871	3,311,147	1,223,078	(195,765)	(889,755)
Balance Beginning at Oct. 02, 2020	2,735,988	2,735,988	2,907	3,416,132	532,379	(307,258)	(908,172)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to Aramark stockholders	(81,243)	(81,243)			(81,243)
Other comprehensive income	34,106	34,106				34,106
Capital contributions from issuance of common stock		10,487	12	10,475
Share-based compensation expense		18,312		18,312
Repurchases of common stock		(10,621)					(10,621)
Payments of dividends		(29,890)			(29,890)
Balance Ending at Jan. 01, 2021	$ 2,677,139	$ 2,677,139	$ 2,919	$ 3,444,919	$ 421,246	$ (273,152)	$ (918,793)

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended
	Jan. 01, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Aramark (the "Company") is a leading global provider of food, facilities and uniform services to education, healthcare, business & industry and sports, leisure & corrections clients. The Company's core market is the United States, which is supplemented by an additional 18-country footprint. The Company operates its business in three reportable segments that share many of the same operating characteristics: Food and Support Services United States ("FSS United States"), Food and Support Services International ("FSS International") and Uniform and Career Apparel ("Uniform"). The condensed consolidated financial statements included herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") and should be read in conjunction with the audited consolidated financial statements, and the notes to those statements, included in the Company's Form 10-K filed with the SEC on November 24, 2020. The Condensed Consolidated Balance Sheet as of October 2, 2020 was derived from audited financial statements which have been prepared in accordance with generally accepted accounting principles in the United States ("U.S. GAAP"). Certain information and footnote disclosures normally included in the consolidated financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading. In the opinion of the Company, the statements include all adjustments, which are of a normal, recurring nature, required for a fair presentation for the periods presented. The results of operations for interim periods are not necessarily indicative of the results for a full year, due to the seasonality of some of the Company's business activities, the impact of the COVID-19 pandemic ("COVID-19") and the possibility of changes in general economic conditions. The condensed consolidated financial statements include the accounts of the Company and all of its subsidiaries in which a controlling financial interest is maintained. All intercompany transactions and accounts have been eliminated. New Accounting Standards Updates Adopted Standards In December 2019, the Financial Accounting Standards Board ("FASB") issued an accounting standards update ("ASU") which simplifies the accounting for income taxes and clarifies and amends existing income tax guidance. Impacted areas include intraperiod tax allocations, interim period taxes, deferred tax liabilities with outside basis differences, franchise taxes and transactions which result in the "step-up" of goodwill. The Company early adopted this guidance in the first quarter of fiscal 2021. The adoption of this guidance did not have a material impact on the condensed consolidated financial statements. In November 2019, the FASB issued an ASU which provides clarification and improvements to existing guidance related to the credit losses on financial instruments standard. The guidance was effective for the Company in the first quarter of fiscal 2021. The adoption of this guidance did not have a material impact on the condensed consolidated financial statements. In May 2019, the FASB issued an ASU which provides the option to irrevocably elect to apply the fair value measurement option on an instrument-by-instrument basis for certain financial instruments within the scope of the credit losses on financial instruments standard. The guidance was effective for the Company in the first quarter of fiscal 2021. The adoption of this guidance did not have a material impact on the condensed consolidated financial statements. In April 2019, the FASB issued an ASU which provides clarification, error corrections and improvements to existing guidance related to the credit losses on financial instruments ASU issued in June 2016, the derivatives and hedging ASU issued in August 2017 and the financial instruments ASU issued in January 2016. The Company adopted the guidance related to the financial instruments ASU and the derivatives and hedging ASU in prior fiscal years, which did not have a material impact on the condensed consolidated financial statements. The guidance related to the credit losses on financial instruments ASU was effective for the Company in the first quarter of fiscal 2021, which did not have a material impact on the condensed consolidated financial statements. In August 2018, the FASB issued an ASU which adds, modifies and removes several disclosure requirements related to fair value measurements. The guidance was effective for the Company in the first quarter of fiscal 2021, which did not have a material impact on the condensed consolidated financial statements. In June 2016, the FASB issued an ASU to require entities to account for expected credit losses on financial instruments including trade receivables. The expected credit loss model replaced the incurred credit loss model, that generally required a loss to be incurred before it was recognized. The forward-looking credit loss model requires the Company to consider historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount in estimating credit losses. The amended guidance requires financial assets that are measured at amortized cost be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of financial assets. The Company adopted this guidance on October 3, 2020 (the first date of fiscal 2021) using a modified retrospective approach. This approach allows the new standard to be applied retrospectively through a cumulative-effect adjustment to retained earnings recognized upon adoption. The adoption of this guidance did not have a material impact on the condensed consolidated financial statements. Standards Not Yet Adopted (from most to least recent date of issuance) In March 2020, the FASB issued an ASU which provides optional expedients that may be adopted and applied through December 2022 to assist with the discontinuance of LIBOR. The expedients allow companies to ease the potential accounting burden when modifying contracts and hedging relationships that use LIBOR as a reference rate, if certain criteria are met. During the second quarter of fiscal 2020, the Company adopted the optional expedient to assert probability of forecasted hedged transactions occurring on its interest rate swap derivative contracts regardless of any expected contract modifications related to reference reform. Other optional expedients related to hedging relationships may be contemplated in the future resulting from reference rate reform. The Company reviewed its portfolio of debt agreements, lease agreements and other contracts and determined that only its debt agreements will be impacted by this standard, as the lease agreements and other contracts do not use LIBOR as a reference rate. The Company is currently evaluating the impact of the remaining amendment of this standard. In January 2020, the FASB issued an ASU which provides clarification and improvements to existing guidance related to accounting for certain equity securities upon the application or discontinuation of equity method accounting and the measurement of forward contracts and purchased options on certain securities. The guidance is effective for the Company in the first quarter of fiscal 2022 and early adoption is permitted. The Company is currently evaluating the impact of this standard. In August 2018, the FASB issued an ASU which adds, modifies and removes several disclosure requirements related to defined benefit pension plans. The guidance is effective for the Company in the first quarter of fiscal 2022 and early adoption is permitted. The Company is currently evaluating the impact of this standard. Comprehensive (Loss) Income Comprehensive (loss) income includes all changes to stockholders' equity during a period, except those resulting from investments by and distributions to stockholders. Components of comprehensive (loss) income include net (loss) income, changes in foreign currency translation adjustments (net of tax), pension plan adjustments (net of tax), changes in the fair value of cash flow hedges (net of tax) and changes to the share of any equity investees' comprehensive (loss) income (net of tax). The summary of the components of comprehensive (loss) income is as follows (in thousands): Three Months Ended January 1, 2021 December 27, 2019 Pre-Tax Amount Tax Effect After-Tax Amount Pre-Tax Amount Tax Effect After-Tax Amount Net (loss) income $ (81,380) $ 145,883 Pension plan adjustments (975) — (975) (285) — (285) Foreign currency translation adjustments 27,684 (1,502) 26,182 14,354 231 14,585 Fair value of cash flow hedges 12,323 (3,204) 9,119 9,126 (2,373) 6,753 Share of equity investee's comprehensive (loss) income (220) — (220) 147 — 147 Other comprehensive income 38,812 (4,706) 34,106 23,342 (2,142) 21,200 Comprehensive (loss) income (47,274) 167,083 Less: Net (loss) income attributable to noncontrolling interest (137) 122 Comprehensive (loss) income attributable to Aramark stockholders $ (47,137) $ 166,961 Accumulated other comprehensive loss consists of the following (in thousands): January 1, 2021 October 2, 2020 Pension plan adjustments $ (73,866) $ (72,891) Foreign currency translation adjustments (109,755) (135,937) Cash flow hedges (78,479) (87,598) Share of equity investee's accumulated other comprehensive loss (11,052) (10,832) $ (273,152) $ (307,258) Currency Translation Beginning in fiscal 2018, Argentina was determined to have a highly inflationary economy. As a result, the Company remeasures the financial statements of Argentina's operations in accordance with the accounting guidance for highly inflationary economies. During the first quarter of both fiscal 2021 and 2020, the impact of foreign currency transaction gains and losses were immaterial to the condensed consolidated financial statements. Current Assets The Company insures portions of its general liability, automobile liability and workers’ compensation risks through a wholly owned captive insurance subsidiary (the "Captive"), to enhance its risk financing strategies. The Captive is subject to regulations within its domicile of Bermuda, including regulations established by the Bermuda Monetary Authority (the "BMA") relating to levels of liquidity and solvency as such concepts are defined by the BMA. The Captive was in compliance with these regulations as of January 1, 2021. These regulations may have the effect of limiting the Company's ability to access certain cash and cash equivalents held by the Captive for uses other than for the payment of its general liability, automobile liability and workers' compensation claims and related Captive costs. As of January 1, 2021 and October 2, 2020, cash and cash equivalents at the Captive were $118.7 million and $92.1 million, respectively. Other Assets Other assets consist primarily of costs to obtain or fulfill contracts, including rental merchandise in-service, long-term receivables, investments in 50% or less owned entities, computer software costs and employee sales commissions. For investments in 50% or less owned entities, other than those accounted for under the equity method of accounting, the Company measures these investments at cost, less any impairment and adjusted for changes in fair value resulting from observable price changes for an identical or a similar investment of the same issuer due to the lack of readily available fair values related to those investments. The carrying amount of equity investments without readily determinable fair values as of both January 1, 2021 and October 2, 2020 was $42.5 million. Other Current and Noncurrent Liabilities The Company is self-insured for certain obligations related to its employee health care benefit programs as well as for certain risks retained under its general liability, automobile liability and workers’ compensation liability programs. Reserves are estimated through actuarial methods, with the assistance of third-party actuaries using loss development assumptions based on the Company's claims history. Impact of COVID-19 COVID-19 has adversely affected global economies, financial markets and the overall environment for the Company and the extent to which it may impact future results of operations and overall financial performance continues to remain uncertain. The Company began experiencing a significant decline in operations due to COVID-19 towards the end of its second quarter of fiscal 2020, which has continued through the first quarter of fiscal 2021. The decline in operations from COVID-19 caused a material deterioration in the Company's revenue, operating (loss) income and net (loss) income for the three months ended January 1, 2021. The allowance for credit losses increased to $82.9 million as of January 1, 2021 compared to $74.9 million as of October 2, 2020, which includes the Company's current estimates that reflect the continued economic uncertainty resulting from COVID-19. Certain businesses, mainly those related to the Company's Sports, Leisure & Correction, Education and Business & Industry sectors, continue to be significantly impacted by COVID-19. In response, the Company continues to apply effective cost discipline to mitigate the negative impact of COVID-19 as well as leveraging relief provisions provided under the Coronavirus Aid, Relief and Economic Security Act ("CARES Act") and other foreign governmental programs (see below and Note 7). The ongoing impact of COVID-19 on the Company's longer-term operational and financial performance will depend on future developments, which continue to be highly uncertain and cannot be predicted. The CARES Act provides an employee retention credit (“CARES Employee Retention credit”), which is a refundable tax credit against certain employment taxes of up to $5,000 per employee for eligible employers. The tax credit is equal to 50% of qualified wages paid to employees during a quarter, capped at $10,000 of qualified wages per employee through December 31, 2020. In December 2020, the Consolidated Appropriations Act of 2021 ("CAA") was passed, which extends and slightly expands the qualified wage caps on these credits through June 30, 2021. The Company qualifies for the tax credit under the CARES Act and expects to continue to receive additional tax credits under the CAA for qualified wages through June 30, 2021. During the three months ended January 1, 2021 , the Company recorded $1.9 million related to the CARES Employee Retention credit in “Cost of services provided (exclusive of depreciation and amortization) ” on the Company’s Condensed Consolidated Statements of (Loss) Income. The CARES Act also provides for deferred payment of the employer portion of social security taxes through the end of calendar 2020, with 50% of the deferred amount due December 31, 2021 and the remaining 50% due December 31, 2022. Approximately $128.5 million of social security taxes remain deferred, of which 50% are recorded as liabilities within "Accrued expenses and other current liabilities" and 50% are recorded as liabilities within "Deferred Income Taxes and Other Noncurrent Liabilities," on the Company’s Condensed Consolidated Balance Sheets as of January 1, 2021 . Within the FSS International and Uniform segments, many foreign jurisdictions in which the Company operates are also providing companies various forms of relief from COVID-19, including labor related tax credits. These labor related tax credits generally allow companies to receive credits if they retain employees on their payroll, rather than furloughing or terminating employees as a result of the business disruption caused by COVID-19. The Company qualifies for these tax credits and expects to continue to receive additional tax credits for qualified wages in foreign jurisdictions further into fiscal 2021. The Company recorded approximately $35.1 million of labor related tax credits during the three months ended January 1, 2021 within "Cost of services provided (exclusive of depreciation and amortization)" on the Condensed Consolidated Statements of (Loss) Income, of which approximately $4.7 million was recorded in the Uniform segment and the remainder was recorded in the FSS International segment. The Company accounts for these labor related tax credits as a reduction to the expense that it is intended to compensate in the period in which the corresponding expense is incurred and there is reasonable assurance the Company will both receive the tax credits and comply with all conditions attached to the tax credits.

Severance

Severance	3 Months Ended
	Jan. 01, 2021
Restructuring and Related Activities [Abstract]
Severance	SEVERANCE:Beginning in the third quarter of fiscal 2020, the Company made changes to its organization as a result of COVID-19 to align its cost base to better support its clients' needs as the Company navigates the current environment and focuses on its long-term strategy. These actions included headcount reductions, which resulted in severance charges primarily recognized during the third and fourth quarters of fiscal 2020. As of January 1, 2021 and October 2, 2020, the Company had an accrual of approximately $91.2 million and $118.5 million, respectively, related to unpaid severance obligations. The majority of the charges are expected to be paid out within the next nine months.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Jan. 01, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	GOODWILL AND OTHER INTANGIBLE ASSETS: Goodwill represents the excess of the fair value of consideration paid for an acquired entity over the fair value of assets acquired and liabilities assumed in a business combination. Goodwill is not amortized and is subject to an impairment test that the Company conducts annually or more frequently if a change in circumstances or the occurrence of events indicates that potential impairment exists, using discounted cash flows. Changes in total goodwill during the three months ended January 1, 2021 are as follows (in thousands): Segment October 2, 2020 Acquisitions Translation January 1, 2021 FSS United States $ 3,953,332 $ 5,194 $ 51 $ 3,958,577 FSS International 426,118 — 19,769 445,887 Uniforms 964,378 27 429 964,834 $ 5,343,828 $ 5,221 $ 20,249 $ 5,369,298 Other intangible assets consist of the following (in thousands): January 1, 2021 October 2, 2020 Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Customer relationship assets $ 1,986,182 $ (1,107,375) $ 878,807 $ 2,195,700 $ (1,308,002) $ 887,698 Trade names 1,064,346 (8,690) 1,055,656 1,052,744 (7,805) 1,044,939 $ 3,050,528 $ (1,116,065) $ 1,934,463 $ 3,248,444 $ (1,315,807) $ 1,932,637 Amortization of intangible assets for the three months ended January 1, 2021 and December 27, 2019 was approximately $29.6 million and $29.1 million, respectively.

Borrowings

Borrowings	3 Months Ended
	Jan. 01, 2021
Debt Disclosure [Abstract]
Borrowings	BORROWINGS: Long-term borrowings, net, are summarized in the following table (in thousands): January 1, 2021 October 2, 2020 Senior secured revolving credit facility, due October 2023 $ 79,025 $ 849,895 Senior secured term loan facility, due October 2023 477,848 485,346 Senior secured term loan facility, due March 2024 830,331 830,133 Senior secured term loan facility, due March 2025 1,659,487 1,659,194 Senior secured term loan facility, due January 2027 886,546 888,540 5.000% senior notes, due April 2025 593,709 593,381 3.125% senior notes, due April 2025 (1) 394,193 377,960 6.375% senior notes, due May 2025 1,480,313 1,479,341 4.750% senior notes, due June 2026 495,601 495,426 5.000% senior notes, due February 2028 1,139,178 1,138,864 Receivables Facility, due June 2022 — 315,600 Finance leases 140,203 142,588 Other 33,034 22,155 8,209,468 9,278,423 Less—current portion (98,328) (99,915) $ 8,111,140 $ 9,178,508 (1) This is a Euro denominated borrowing. As of January 1, 2021, there were approximately $966.3 million of outstanding foreign currency borrowings. Beginning in the second quarter of fiscal 2020, the Company increased its borrowings under the revolving credit facility and the Receivables Facility and also issued new senior unsecured notes in order to provide additional cash availability and maximize flexibility in response to uncertainty surrounding COVID-19. As of January 1, 2021, the Company had $79.0 million of borrowings under the revolving credit facility, no borrowings under the Receivables Facility, $1,166.2 million of cash and cash equivalents, approximately $850.4 million of availability under the senior secured revolving credit facility and approximately $351.2 million of availability under the Receivables Facility. During the three month period of fiscal 2021, the Company repaid $780.0 million of outstanding borrowings under the U.S. revolving credit facility and $315.6 million of outstanding borrowings under the Receivables Facility utilizing cash and cash equivalents on hand. Additionally, during the three month period of fiscal 2021, the Company made $16.5 million of optional prepayments on the senior secured term loan facility due October 2023. In accordance with Amendment No. 9 ("Amendment No. 9") to the credit agreement, dated as of March 28, 2017, (as supplemented or otherwise modified from time to time, the “Credit Agreement”) entered into during the third quarter of fiscal 2020, a covenant waiver period is in effect during the three months ended January 1, 2021, as the amendment suspends the Consolidated Secured Debt Ratio covenant required under the Credit Agreement for four fiscal quarters, commencing with the fourth quarter of fiscal 2020 through the third quarter of fiscal 2021. See Part IV, Item 15, "Note 5" in the Company's Annual Report on Form 10-K, filed with the SEC on November 24, 2020 for additional discussion of the terms of Amendment No. 9.

Derivative Instruments

Derivative Instruments	3 Months Ended
	Jan. 01, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	DERIVATIVE INSTRUMENTS: The Company enters into contractual derivative arrangements to manage changes in market conditions related to interest on debt obligations, foreign currency exposures and exposure to fluctuating gasoline and diesel fuel prices. Derivative instruments utilized during the period include interest rate swap agreements, foreign currency forward exchange contracts and gasoline and diesel fuel agreements. All derivative instruments are recognized as either assets or liabilities on the balance sheet at fair value at the end of each quarter. The counterparties to the Company's contractual derivative agreements are all major international financial institutions. The Company is exposed to credit loss in the event of nonperformance by these counterparties. The Company continually monitors its positions and the credit ratings of its counterparties and does not anticipate nonperformance by the counterparties. For designated hedging relationships, the Company formally documents the hedging relationship and its risk management objective and strategy for undertaking the hedge, the hedging instrument, the hedged item, the nature of the risk being hedged and how the hedging instrument's effectiveness in offsetting the hedged risk will be assessed prospectively and retrospectively for designated hedges. The Company also formally assesses, both at the hedge's inception and on an ongoing basis, whether the derivatives that are used in hedging transactions are highly effective in offsetting cash flows of hedged items. Cash Flow Hedges The Company has approximately $2.6 billion notional amount of outstanding interest rate swap agreements as of January 1, 2021, which fix the rate on a like amount of variable rate borrowings through January of fiscal 2025. During the three months ended January 1, 2021, interest rate swaps with notional amounts of $250.0 million matured. Changes in the fair value of a derivative that is designated as and meets all the required criteria for a cash flow hedge are recorded in accumulated other comprehensive income (loss) and reclassified into earnings as the underlying hedged item affects earnings. Amounts reported in accumulated other comprehensive income (loss) related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. As of January 1, 2021 and October 2, 2020, approximately ($78.5) million and ($87.6) million, respectively, of unrealized net of tax losses related to the interest rate swaps were included in "Accumulated other comprehensive loss." The following table summarizes the effect of the Company's derivatives designated as cash flow hedging instruments on Other comprehensive income (loss) (in thousands): Three Months Ended January 1, 2021 December 27, 2019 Interest rate swap agreements $ (1,242) $ 6,926 Derivatives not Designated in Hedging Relationships The Company entered into a series of pay fixed/receive floating gasoline and diesel fuel agreements based on the Department of Energy weekly retail on-highway index in order to limit its exposure to price fluctuations for gasoline and diesel fuel. As of January 1, 2021, the Company has contracts for approximately 9.8 million gallons outstanding through December of fiscal 2022. The Company does not record its gasoline and diesel fuel agreements as hedges for accounting purposes. The impact on earnings related to the change in fair value of these unsettled contracts was a gain of approximately $3.6 million for the three months ended January 1, 2021. The impact on earnings related to the change in fair value of these unsettled contracts was a gain of approximately $3.1 million for the three months ended December 27, 2019. The change in fair value for unsettled contracts is included in "Selling and general corporate expenses" on the Condensed Consolidated Statements of (Loss) Income. When the contracts settle, the gain or loss is recorded to "Cost of services provided (exclusive of depreciation and amortization)" on the Condensed Consolidated Statements of (Loss) Income. As of January 1, 2021, the Company had foreign currency forward exchange contracts outstanding with nominal notional amounts to mitigate the risk of changes in foreign currency exchange rates on short-term intercompany loans to certain international subsidiaries. Gains and losses on foreign currency exchange contracts are recognized in earnings as the contracts were not designated as hedging instruments, substantially offsetting currency transaction gains and losses on short-term intercompany loans. The following table summarizes the location and fair value, using Level 2 inputs (see Note 13 for a description of the fair value levels), of the Company's derivatives designated and not designated as hedging instruments in the Condensed Consolidated Balance Sheets (in thousands): Balance Sheet Location January 1, 2021 October 2, 2020 ASSETS Not designated as hedging instruments: Gasoline and diesel fuel agreements Prepayments and other current assets $ 1,762 $ — LIABILITIES Designated as hedging instruments: Interest rate swap agreements Accounts payable 6,104 1,494 Interest rate swap agreements Other Noncurrent Liabilities 99,949 116,882 106,053 118,376 Not designated as hedging instruments: Foreign currency forward exchange contracts Accounts payable 522 121 Gasoline and diesel fuel agreements Accounts payable — 1,805 $ 106,575 $ 120,302 The following table summarizes the location of the (gain) loss reclassified from "Accumulated other comprehensive loss" into earnings for derivatives designated as hedging instruments and the location of the (gain) loss for the Company's derivatives not designated as hedging instruments in the Condensed Consolidated Statements of (Loss) Income (in thousands): Three Months Ended Income Statement Location January 1, 2021 December 27, 2019 Designated as hedging instruments: Interest rate swap agreements Interest and Other Financing Costs, net $ 13,565 $ 2,200 Not designated as hedging instruments: Gasoline and diesel fuel agreements Cost of services provided (exclusive of depreciation and amortization) / Selling and general corporate expenses (2,141) (3,798) Foreign currency forward exchange contracts Interest and Other Financing Costs, net 402 (102) (1,739) (3,900) $ 11,826 $ (1,700) At January 1, 2021, the net of tax loss expected to be reclassified from "Accumulated other comprehensive loss" into earnings over the next twelve months based on current market rates is approximately $36.1 million.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Jan. 01, 2021
Revenue from Contract with Customer [Abstract]
Revenue Recognition	REVENUE RECOGNITION: The Company generates revenue through sales of food, facility and uniform services to customers based on written contracts at the locations it serves. Within the FSS United States and FSS International segments, the Company provides food and beverage services, including catering and retail services, or facilities services, including plant operations and maintenance, custodial, housekeeping, landscaping and other services. Within the Uniform segment, the Company provides a full service uniform solution, including delivery, cleaning and maintenance. In accordance with Accounting Standards Codification 606 ("ASC 606"), the Company accounts for a customer contract when both parties have approved the arrangement and are committed to perform their respective obligations, each party's rights can be identified, payment terms can be identified, the contract has commercial substance and it is probable the Company will collect substantially all of the consideration to which it is entitled. Revenue is recognized upon the transfer of control of the promised product or service to customers in an amount that reflects the consideration the Company expects to receive in exchange for those goods and services. Performance Obligations The Company recognizes revenue when its performance obligation is satisfied. Each contract generally has one performance obligation, which is satisfied over time. The Company primarily accounts for its performance obligations under the series guidance, using the as-invoiced practical expedient when applicable. The Company applies the right to invoice practical expedient to record revenue as the services are provided, given the nature of the services provided and the frequency of billing under the customer contracts. Under this practical expedient, the Company recognizes revenue in an amount that corresponds directly with the value to the customer of the Company’s performance completed to date and for which the Company has the right to invoice the customer. Certain arrangements include performance obligations which include variable consideration (primarily per transaction fees). For these arrangements, the Company does not need to estimate the variable consideration for the contract and allocate to the entire performance obligation; therefore, the variable fees are recognized in the period they are earned. Disaggregation of Revenue The following table presents revenue disaggregated by revenue source (in millions): Three Months Ended January 1, 2021 (1) December 27, 2019 FSS United States: Business & Industry $ 154.4 $ 405.5 Education 513.2 1,001.1 Healthcare 186.8 227.2 Sports, Leisure & Corrections 226.5 608.9 Facilities & Other 364.9 396.3 Total FSS United States 1,445.8 2,639.0 FSS International: Europe 329.2 502.7 Rest of World 365.3 443.5 Total FSS International 694.5 946.2 Uniform 603.5 668.4 Total Revenue $ 2,743.8 $ 4,253.6 (1) Revenue for the three months ended January 1, 2021 was negatively impacted by COVID-19. Contract Balances Deferred income is recognized in "Accrued expenses and other current liabilities" on the Condensed Consolidated Balance Sheets when the Company has received consideration, or has the right to receive consideration, in advance of the transfer of the performance obligation of the contract to the customer, primarily prepaid meal plans. The consideration received remains a liability until the goods or services have been provided to the customer. The Company classifies deferred income as current as the arrangement is short term in nature. If the Company cannot render its performance obligation according to contract terms after receiving the consideration in advance, amounts may be contractually required to be refunded to the customer. During the three months ended January 1, 2021, deferred income increased related to customer prepayments and decreased related to income recognized during the period as a result of satisfying the performance obligation or return of funds related to non-performance. For the three months ended January 1, 2021, the Company recognized $151.7 million of revenue that was included in deferred income at the beginning of the period. Deferred income balances are summarized in the following table (in millions): January 1, 2021 October 2, 2020 Deferred income (1) $ 191.7 $ 263.8 (1) Due to the impact of COVID-19, the Company has refunded approximately $12.7 million of advanced payments primarily for meal plans to clients during the first quarter of fiscal 2021.

Income Taxes

Income Taxes	3 Months Ended
	Jan. 01, 2021
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES: On March 27, 2020, the CARES Act was enacted in response to COVID-19. The CARES Act, among other things, permits net operating losses ("NOLs") incurred in fiscal 2019, 2020 and 2021 to be carried back to each of the five preceding taxable years to generate a refund of previously paid income taxes. NOLs arising in fiscal 2019, 2020 or 2021 are created in years that have a 21.0% federal income tax rate. If these NOLs are carried back to years prior to fiscal 2018, the resulting refund would be in years with a 35.0% federal income tax rate. The CARES Act contains modifications on the limitation of business interest for fiscal years 2020 and 2021 to increase the allowable business interest deduction from 30.0% of adjusted taxable income to 50.0% of adjusted taxable income. The CARES Act also includes a technical correction to the Tax Cut and Jobs Act (the "TCJA") that provides that Qualified Improvement Property ("QIP"), which includes almost any improvement to the interior of leased or owned space, is eligible for bonus depreciation retroactively to the January 1, 2018 effective date of the TCJA. As a result of the CARES Act, the Company recorded a net benefit to the (Benefit) Provision for Income Taxes of approximately $22.2 million during the three month period ended January 1, 2021, which reflects the NOLs expected to be carried back to Pre-TCJA tax years at 35.0%. In addition, the Company recorded a valuation allowance to the (Benefit) Provision for Income Taxes of $16.1 million during the three month period ended January 1, 2021 against certain foreign tax credits ("FTCs") that were re-established by the NOL carryback, as it is more likely than not a tax benefit will not be realized. As of January 1, 2021, the Company had an income tax receivable balance of approximately $95.8 million, which primarily reflects the expected cash refund for NOLs generated in fiscal 2020 and through the first quarter of fiscal 2021 based on the carry back to Pre-TCJA years. The Company also recorded an additional $105.9 million of FTCs and $2.0 million of general business credits in "Deferred Income Taxes and Other Noncurrent Liabilities" on the Condensed Consolidated Balance Sheets that will be used to offset future federal income tax liabilities as of January 1, 2021. The Company continues to monitor and assess the impact the CARES Act and similar legislation in other countries may have on the Company's business and financial results.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Jan. 01, 2021
Equity [Abstract]
Stockholders' Equity	STOCKHOLDERS' EQUITY: During the three months ended January 1, 2021 and December 27, 2019, the Company paid cash dividends of approximately $27.9 million and $27.5 million to its stockholders, respectively. On February 2, 2021, the Company's Board declared a $0.11 dividend per share of common stock, payable on March 3, 2021, to shareholders of record on the close of business on February 17, 2021. In accordance with Amendment No. 9 to the Credit Agreement entered into in the third quarter of fiscal 2020, the Company cannot make any future share repurchases and must comply with certain liquidity requirements to pay dividends as long as the covenant compliance waiver remains in effect (see Note 4). The Company has 100.0 million shares of preferred stock authorized, with a par value of $0.01 per share. At January 1, 2021 and October 2, 2020, zero shares of preferred stock were issued or outstanding. On February 2, 2021, the Company's stockholders approved the Third Amended and Restated 2013 Stock Incentive Plan, which amends and restates the Company's 2013 Incentive Plan last amended on January 29, 2020. The Third Amended and Restated 2013 Stock Incentive Plan provides for up to 3.5 million of new shares authorized for issuance to participants, in addition to the shares that remained available for issuance under the 2013 Incentive Plan as of February 2, 2021. On February 2, 2021, the Company’s stockholders approved the Aramark 2021 Employee Stock Purchase Plan (“ESPP”). The ESPP allows eligible employees to contribute up to 10% of their eligible pay toward the quarterly purchase of the Company’s common stock, subject to an annual maximum dollar amount. The purchase price is 85% of the lesser of the i) fair market value per share of the Company’s common stock as determined on the purchase date or ii) fair market value per share of the Company’s common stock as determined on the first trading day of the quarterly offering period. The aggregate number of shares of common stock that may be issued under the ESPP may not exceed 12.5 million shares.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Jan. 01, 2021
Share-based Payment Arrangement [Abstract]
Share-Based Compensation	SHARE-BASED COMPENSATION: The following table summarizes the share-based compensation expense and related information for Time-Based Options ("TBOs"), Retention Time-Based Options ("TBO-Rs"), Time-Based Restricted Stock Units ("RSUs"), Performance Stock Units ("PSUs") and Deferred Stock Units classified as "Selling and general corporate expenses" on the Condensed Consolidated Statements of (Loss) Income (in millions). Three Months Ended January 1, 2021 December 27, 2019 TBOs (1) $ 4.1 $ 2.9 TBO-Rs 1.1 — RSUs (1) 12.6 8.1 PSUs — 2.6 Deferred Stock Units 0.5 0.5 $ 18.3 $ 14.1 Taxes related to share-based compensation $ 6.6 $ 3.5 Cash Received from Option Exercises 7.8 26.1 Tax (Provision) Benefit on Share Deliveries (2) (0.8) 18.6 (1) Share-based compensation expense increased during the three month period of fiscal 2021 due to the shortening of the vesting period on the annual grants issued in September 2020 from four years to three years and the accelerated timing of the issuance of the annual grant. (2) The tax benefit on option exercises and restricted stock unit deliveries is included in "Prepayments and Other Current Assets" on the Condensed Consolidated Statements of Cash Flows.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	3 Months Ended
	Jan. 01, 2021
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	EARNINGS (LOSS) PER SHARE: Basic earnings (loss) per share is computed using the weighted average number of common shares outstanding during the periods presented. Diluted earnings (loss) per share is computed using the weighted average number of common shares outstanding adjusted to include the potentially dilutive effect of stock awards. The following table sets forth the computation of basic and diluted earnings (loss) per share attributable to the Company's stockholders (in thousands, except per share data): Three Months Ended January 1, 2021 December 27, 2019 (Loss) Earnings: Net (loss) income attributable to Aramark stockholders $ (81,243) $ 145,761 Shares: Basic weighted-average shares outstanding 253,668 248,731 Effect of dilutive securities (1) — 5,390 Diluted weighted-average shares outstanding 253,668 254,121 Basic (Loss) Earnings Per Share: Net (loss) income attributable to Aramark stockholders $ (0.32) $ 0.59 Diluted (Loss) Earnings Per Share: Net (loss) income attributable to Aramark stockholders $ (0.32) $ 0.57 (1) Incremental shares of 1.9 million have been excluded from the computation of diluted weighted-average shares outstanding for the three months ended January 1, 2021 because the effect would have been antidilutive due to the net loss attributable to Aramark stockholders during the period. Share-based awards to purchase 13.4 million and 1.6 million shares were outstanding for the three months ended January 1, 2021 and December 27, 2019, respectively, but were not included in the computation of diluted (loss) earnings per common share, as their effect would have been antidilutive. In addition, PSUs related to 1.1 million and 1.7 million shares were outstanding for the three months ended January 1, 2021 and December 27, 2019, respectively, but were not included in the computation of diluted (loss) earnings per common share, as the performance targets were not yet met.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jan. 01, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES: Certain of the Company's lease arrangements, primarily vehicle leases, with terms of one From time to time, the Company and its subsidiaries are a party to various legal actions, proceedings and investigations involving claims incidental to the conduct of their business, including actions by clients, consumers, employees, government entities and third parties, including under federal, state, international, national, provincial and local employment laws, wage and hour laws, discrimination laws, immigration laws, human health and safety laws, import and export controls and customs laws, environmental laws, false claims or whistleblower statutes, minority, women and disadvantaged business enterprise statutes, tax codes, antitrust and competition laws, consumer protection statutes, procurement regulations, intellectual property laws, food safety and sanitation laws, cost and accounting principles, the Foreign Corrupt Practices Act, the U.K. Bribery Act, other anti-corruption laws, lobbying laws, motor carrier safety laws, data privacy and security laws and alcohol licensing and service laws, or alleging negligence and/or breaches of contractual and other obligations. Based on information currently available, advice of counsel, available insurance coverage, established reserves and other resources, the Company does not believe, except for the matter discussed below, that any such actions are likely to be, individually or in the aggregate, material to its business, financial condition, results of operations or cash flows. However, in the event of unexpected further developments, it is possible that the ultimate resolution of these matters, or other similar matters, if unfavorable, may be materially adverse to the Company's business, financial condition, results of operations or cash flows. The Company is involved in a dispute with a client regarding Aramark’s provision of services pursuant to a contract. The Company is simultaneously litigating the matter and attempting to reach a negotiated resolution. The Company recorded a reserve for this matter as it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. As of January 1, 2021, the Company has accrued its best estimate of the probable loss associated with this contract, which is approximately $19.7 million. The Company believes it is reasonably possible that this potential exposure may change in the near term based on the outcome of either the settlement negotiations or through continued litigation. During fiscal 2019, Eric J. Foss, the Company's former Chairman, President and Chief Executive Officer, stepped down and $10.4 million of cash compensation related charges were recognized related to his separation from the Company. As of January 1, 2021, the Company had $4.3 million of remaining unpaid obligations related to his separation, which are recorded in "Accrued expenses and other current liabilities" on the Condensed Consolidated Balance Sheets. These unpaid obligations are expected to be paid through fiscal 2021.

Business Segments

Business Segments	3 Months Ended
	Jan. 01, 2021
Segment Reporting [Abstract]
Business Segments	BUSINESS SEGMENTS: The Company reported its operating results in three reportable segments: FSS United States, FSS International and Uniform. Corporate includes general expenses not specifically allocated to an individual segment and share-based compensation expense (see Note 9). In the Company's food and support services segments, approximately 73% of the global revenue is related to food services and 27% is related to facilities services. During the three months ended January 1, 2021 and December 27, 2019, the Company received proceeds of approximately $10.0 million and $15.3 million, respectively, relating to the recovery of the Company's investment (possessory interest) at one of the National Park Service sites within the FSS United States segment. The Company recorded a gain related to the recovery of its investment, which is included in "Cost of services provided (exclusive of depreciation and amortization)" on the Condensed Consolidated Statements of (Loss) Income. Revenue and operating (loss) income during the three month period of fiscal 2021 were negatively impacted by COVID-19. Financial information by segment follows (in millions): Revenue Three Months Ended January 1, 2021 December 27, 2019 FSS United States $ 1,445.8 $ 2,639.0 FSS International 694.5 946.2 Uniform 603.5 668.4 $ 2,743.8 $ 4,253.6 Operating (Loss) Income Three Months Ended January 1, 2021 December 27, 2019 FSS United States $ (14.8) $ 185.9 FSS International (3.0) 43.7 Uniform 32.1 53.3 14.3 282.9 Corporate (34.8) (28.6) Operating (Loss) Income (20.5) 254.3 Interest and Other Financing Costs, net 100.4 79.6 (Loss) Income Before Income Taxes $ (120.9) $ 174.7

Fair Value of Financial Assets

Fair Value of Financial Assets and Financial Liabilities	3 Months Ended
	Jan. 01, 2021
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Financial Liabilities	FAIR VALUE OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES: Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities recorded at fair value are classified based upon the level of judgment associated with the inputs used to measure their fair value. The hierarchical levels related to the subjectivity of the valuation inputs are defined as follows: • Level 1—inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets • Level 2—inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument • Level 3—inputs to the valuation methodology are unobservable and significant to the fair value measurement Recurring Fair Value Measurements

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Jan. 01, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The condensed consolidated financial statements included herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") and should be read in conjunction with the audited consolidated financial statements, and the notes to those statements, included in the Company's Form 10-K filed with the SEC on November 24, 2020. The Condensed Consolidated Balance Sheet as of October 2, 2020 was derived from audited financial statements which have been prepared in accordance with generally accepted accounting principles in the United States ("U.S. GAAP"). Certain information and footnote disclosures normally included in the consolidated financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading. In the opinion of the Company, the statements include all adjustments, which are of a normal, recurring nature, required for a fair presentation for the periods presented. The results of operations for interim periods are not necessarily indicative of the results for a full year, due to the seasonality of some of the Company's business activities, the impact of the COVID-19 pandemic ("COVID-19") and the possibility of changes in general economic conditions.The condensed consolidated financial statements include the accounts of the Company and all of its subsidiaries in which a controlling financial interest is maintained. All intercompany transactions and accounts have been eliminated.
New Accounting Standard Updates	New Accounting Standards Updates Adopted Standards In December 2019, the Financial Accounting Standards Board ("FASB") issued an accounting standards update ("ASU") which simplifies the accounting for income taxes and clarifies and amends existing income tax guidance. Impacted areas include intraperiod tax allocations, interim period taxes, deferred tax liabilities with outside basis differences, franchise taxes and transactions which result in the "step-up" of goodwill. The Company early adopted this guidance in the first quarter of fiscal 2021. The adoption of this guidance did not have a material impact on the condensed consolidated financial statements. In November 2019, the FASB issued an ASU which provides clarification and improvements to existing guidance related to the credit losses on financial instruments standard. The guidance was effective for the Company in the first quarter of fiscal 2021. The adoption of this guidance did not have a material impact on the condensed consolidated financial statements. In May 2019, the FASB issued an ASU which provides the option to irrevocably elect to apply the fair value measurement option on an instrument-by-instrument basis for certain financial instruments within the scope of the credit losses on financial instruments standard. The guidance was effective for the Company in the first quarter of fiscal 2021. The adoption of this guidance did not have a material impact on the condensed consolidated financial statements. In April 2019, the FASB issued an ASU which provides clarification, error corrections and improvements to existing guidance related to the credit losses on financial instruments ASU issued in June 2016, the derivatives and hedging ASU issued in August 2017 and the financial instruments ASU issued in January 2016. The Company adopted the guidance related to the financial instruments ASU and the derivatives and hedging ASU in prior fiscal years, which did not have a material impact on the condensed consolidated financial statements. The guidance related to the credit losses on financial instruments ASU was effective for the Company in the first quarter of fiscal 2021, which did not have a material impact on the condensed consolidated financial statements. In August 2018, the FASB issued an ASU which adds, modifies and removes several disclosure requirements related to fair value measurements. The guidance was effective for the Company in the first quarter of fiscal 2021, which did not have a material impact on the condensed consolidated financial statements. In June 2016, the FASB issued an ASU to require entities to account for expected credit losses on financial instruments including trade receivables. The expected credit loss model replaced the incurred credit loss model, that generally required a loss to be incurred before it was recognized. The forward-looking credit loss model requires the Company to consider historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount in estimating credit losses. The amended guidance requires financial assets that are measured at amortized cost be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of financial assets. The Company adopted this guidance on October 3, 2020 (the first date of fiscal 2021) using a modified retrospective approach. This approach allows the new standard to be applied retrospectively through a cumulative-effect adjustment to retained earnings recognized upon adoption. The adoption of this guidance did not have a material impact on the condensed consolidated financial statements. Standards Not Yet Adopted (from most to least recent date of issuance) In March 2020, the FASB issued an ASU which provides optional expedients that may be adopted and applied through December 2022 to assist with the discontinuance of LIBOR. The expedients allow companies to ease the potential accounting burden when modifying contracts and hedging relationships that use LIBOR as a reference rate, if certain criteria are met. During the second quarter of fiscal 2020, the Company adopted the optional expedient to assert probability of forecasted hedged transactions occurring on its interest rate swap derivative contracts regardless of any expected contract modifications related to reference reform. Other optional expedients related to hedging relationships may be contemplated in the future resulting from reference rate reform. The Company reviewed its portfolio of debt agreements, lease agreements and other contracts and determined that only its debt agreements will be impacted by this standard, as the lease agreements and other contracts do not use LIBOR as a reference rate. The Company is currently evaluating the impact of the remaining amendment of this standard. In January 2020, the FASB issued an ASU which provides clarification and improvements to existing guidance related to accounting for certain equity securities upon the application or discontinuation of equity method accounting and the measurement of forward contracts and purchased options on certain securities. The guidance is effective for the Company in the first quarter of fiscal 2022 and early adoption is permitted. The Company is currently evaluating the impact of this standard. In August 2018, the FASB issued an ASU which adds, modifies and removes several disclosure requirements related to defined benefit pension plans. The guidance is effective for the Company in the first quarter of fiscal 2022 and early adoption is permitted. The Company is currently evaluating the impact of this standard.
Comprehensive Income (Loss)	Comprehensive (Loss) IncomeComprehensive (loss) income includes all changes to stockholders' equity during a period, except those resulting from investments by and distributions to stockholders. Components of comprehensive (loss) income include net (loss) income, changes in foreign currency translation adjustments (net of tax), pension plan adjustments (net of tax), changes in the fair value of cash flow hedges (net of tax) and changes to the share of any equity investees' comprehensive (loss) income (net of tax).
Currency Translation	Currency TranslationBeginning in fiscal 2018, Argentina was determined to have a highly inflationary economy. As a result, the Company remeasures the financial statements of Argentina's operations in accordance with the accounting guidance for highly inflationary economies. During the first quarter of both fiscal 2021 and 2020, the impact of foreign currency transaction gains and losses were immaterial to the condensed consolidated financial statements
Current Assets	Current AssetsThe Company insures portions of its general liability, automobile liability and workers’ compensation risks through a wholly owned captive insurance subsidiary (the "Captive"), to enhance its risk financing strategies. The Captive is subject to regulations within its domicile of Bermuda, including regulations established by the Bermuda Monetary Authority (the "BMA") relating to levels of liquidity and solvency as such concepts are defined by the BMA. The Captive was in compliance with these regulations as of January 1, 2021. These regulations may have the effect of limiting the Company's ability to access certain cash and cash equivalents held by the Captive for uses other than for the payment of its general liability, automobile liability and workers' compensation claims and related Captive costs.
Other Assets	Other AssetsOther assets consist primarily of costs to obtain or fulfill contracts, including rental merchandise in-service, long-term receivables, investments in 50% or less owned entities, computer software costs and employee sales commissions. For investments in 50% or less owned entities, other than those accounted for under the equity method of accounting, the Company measures these investments at cost, less any impairment and adjusted for changes in fair value resulting from observable price changes for an identical or a similar investment of the same issuer due to the lack of readily available fair values related to those investments. The carrying amount of equity investments without readily determinable fair values as of both January 1, 2021 and October 2, 2020 was $42.5 million.
Other Current and Noncurrent Liabilities	Other Current and Noncurrent Liabilities The Company is self-insured for certain obligations related to its employee health care benefit programs as well as for certain risks retained under its general liability, automobile liability and workers’ compensation liability programs. Reserves are estimated through actuarial methods, with the assistance of third-party actuaries using loss development assumptions based on the Company's claims history.
Fair Value of Financial Instruments	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities recorded at fair value are classified based upon the level of judgment associated with the inputs used to measure their fair value. The hierarchical levels related to the subjectivity of the valuation inputs are defined as follows: • Level 1—inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets • Level 2—inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument • Level 3—inputs to the valuation methodology are unobservable and significant to the fair value measurement Recurring Fair Value Measurements

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Jan. 01, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Components of Comprehensive Income (Loss)	The summary of the components of comprehensive (loss) income is as follows (in thousands): Three Months Ended January 1, 2021 December 27, 2019 Pre-Tax Amount Tax Effect After-Tax Amount Pre-Tax Amount Tax Effect After-Tax Amount Net (loss) income $ (81,380) $ 145,883 Pension plan adjustments (975) — (975) (285) — (285) Foreign currency translation adjustments 27,684 (1,502) 26,182 14,354 231 14,585 Fair value of cash flow hedges 12,323 (3,204) 9,119 9,126 (2,373) 6,753 Share of equity investee's comprehensive (loss) income (220) — (220) 147 — 147 Other comprehensive income 38,812 (4,706) 34,106 23,342 (2,142) 21,200 Comprehensive (loss) income (47,274) 167,083 Less: Net (loss) income attributable to noncontrolling interest (137) 122 Comprehensive (loss) income attributable to Aramark stockholders $ (47,137) $ 166,961
Schedule of Accumulated Other Comprehensive Loss	Accumulated other comprehensive loss consists of the following (in thousands): January 1, 2021 October 2, 2020 Pension plan adjustments $ (73,866) $ (72,891) Foreign currency translation adjustments (109,755) (135,937) Cash flow hedges (78,479) (87,598) Share of equity investee's accumulated other comprehensive loss (11,052) (10,832) $ (273,152) $ (307,258)

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Jan. 01, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill Assets by Segment	Changes in total goodwill during the three months ended January 1, 2021 are as follows (in thousands): Segment October 2, 2020 Acquisitions Translation January 1, 2021 FSS United States $ 3,953,332 $ 5,194 $ 51 $ 3,958,577 FSS International 426,118 — 19,769 445,887 Uniforms 964,378 27 429 964,834 $ 5,343,828 $ 5,221 $ 20,249 $ 5,369,298
Schedule of Other Intangible Assets	Other intangible assets consist of the following (in thousands): January 1, 2021 October 2, 2020 Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Customer relationship assets $ 1,986,182 $ (1,107,375) $ 878,807 $ 2,195,700 $ (1,308,002) $ 887,698 Trade names 1,064,346 (8,690) 1,055,656 1,052,744 (7,805) 1,044,939 $ 3,050,528 $ (1,116,065) $ 1,934,463 $ 3,248,444 $ (1,315,807) $ 1,932,637

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Jan. 01, 2021
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term borrowings, net, are summarized in the following table (in thousands): January 1, 2021 October 2, 2020 Senior secured revolving credit facility, due October 2023 $ 79,025 $ 849,895 Senior secured term loan facility, due October 2023 477,848 485,346 Senior secured term loan facility, due March 2024 830,331 830,133 Senior secured term loan facility, due March 2025 1,659,487 1,659,194 Senior secured term loan facility, due January 2027 886,546 888,540 5.000% senior notes, due April 2025 593,709 593,381 3.125% senior notes, due April 2025 (1) 394,193 377,960 6.375% senior notes, due May 2025 1,480,313 1,479,341 4.750% senior notes, due June 2026 495,601 495,426 5.000% senior notes, due February 2028 1,139,178 1,138,864 Receivables Facility, due June 2022 — 315,600 Finance leases 140,203 142,588 Other 33,034 22,155 8,209,468 9,278,423 Less—current portion (98,328) (99,915) $ 8,111,140 $ 9,178,508 (1) This is a Euro denominated borrowing.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Jan. 01, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)	The following table summarizes the effect of the Company's derivatives designated as cash flow hedging instruments on Other comprehensive income (loss) (in thousands): Three Months Ended January 1, 2021 December 27, 2019 Interest rate swap agreements $ (1,242) $ 6,926
Schedule of Derivative Instruments, Balance Sheet Presentation	The following table summarizes the location and fair value, using Level 2 inputs (see Note 13 for a description of the fair value levels), of the Company's derivatives designated and not designated as hedging instruments in the Condensed Consolidated Balance Sheets (in thousands): Balance Sheet Location January 1, 2021 October 2, 2020 ASSETS Not designated as hedging instruments: Gasoline and diesel fuel agreements Prepayments and other current assets $ 1,762 $ — LIABILITIES Designated as hedging instruments: Interest rate swap agreements Accounts payable 6,104 1,494 Interest rate swap agreements Other Noncurrent Liabilities 99,949 116,882 106,053 118,376 Not designated as hedging instruments: Foreign currency forward exchange contracts Accounts payable 522 121 Gasoline and diesel fuel agreements Accounts payable — 1,805 $ 106,575 $ 120,302
Schedule Summarizes the Location of (Gain) Loss Reclassified from AOCI Into Earnings for Derivatives Designated as Hedging Instruments and the Location of (Gain) Loss	The following table summarizes the location of the (gain) loss reclassified from "Accumulated other comprehensive loss" into earnings for derivatives designated as hedging instruments and the location of the (gain) loss for the Company's derivatives not designated as hedging instruments in the Condensed Consolidated Statements of (Loss) Income (in thousands): Three Months Ended Income Statement Location January 1, 2021 December 27, 2019 Designated as hedging instruments: Interest rate swap agreements Interest and Other Financing Costs, net $ 13,565 $ 2,200 Not designated as hedging instruments: Gasoline and diesel fuel agreements Cost of services provided (exclusive of depreciation and amortization) / Selling and general corporate expenses (2,141) (3,798) Foreign currency forward exchange contracts Interest and Other Financing Costs, net 402 (102) (1,739) (3,900) $ 11,826 $ (1,700)

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Jan. 01, 2021
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table presents revenue disaggregated by revenue source (in millions): Three Months Ended January 1, 2021 (1) December 27, 2019 FSS United States: Business & Industry $ 154.4 $ 405.5 Education 513.2 1,001.1 Healthcare 186.8 227.2 Sports, Leisure & Corrections 226.5 608.9 Facilities & Other 364.9 396.3 Total FSS United States 1,445.8 2,639.0 FSS International: Europe 329.2 502.7 Rest of World 365.3 443.5 Total FSS International 694.5 946.2 Uniform 603.5 668.4 Total Revenue $ 2,743.8 $ 4,253.6 (1) Revenue for the three months ended January 1, 2021 was negatively impacted by COVID-19.
Contract with Customer, Asset and Liability	Deferred income balances are summarized in the following table (in millions): January 1, 2021 October 2, 2020 Deferred income (1) $ 191.7 $ 263.8 (1) Due to the impact of COVID-19, the Company has refunded approximately $12.7 million of advanced payments primarily for meal plans to clients during the first quarter of fiscal 2021.

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Jan. 01, 2021
Share-based Payment Arrangement [Abstract]
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan	The following table summarizes the share-based compensation expense and related information for Time-Based Options ("TBOs"), Retention Time-Based Options ("TBO-Rs"), Time-Based Restricted Stock Units ("RSUs"), Performance Stock Units ("PSUs") and Deferred Stock Units classified as "Selling and general corporate expenses" on the Condensed Consolidated Statements of (Loss) Income (in millions). Three Months Ended January 1, 2021 December 27, 2019 TBOs (1) $ 4.1 $ 2.9 TBO-Rs 1.1 — RSUs (1) 12.6 8.1 PSUs — 2.6 Deferred Stock Units 0.5 0.5 $ 18.3 $ 14.1 Taxes related to share-based compensation $ 6.6 $ 3.5 Cash Received from Option Exercises 7.8 26.1 Tax (Provision) Benefit on Share Deliveries (2) (0.8) 18.6 (1) Share-based compensation expense increased during the three month period of fiscal 2021 due to the shortening of the vesting period on the annual grants issued in September 2020 from four years to three years and the accelerated timing of the issuance of the annual grant. (2) The tax benefit on option exercises and restricted stock unit deliveries is included in "Prepayments and Other Current Assets" on the Condensed Consolidated Statements of Cash Flows.

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	3 Months Ended
	Jan. 01, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the computation of basic and diluted earnings (loss) per share attributable to the Company's stockholders (in thousands, except per share data): Three Months Ended January 1, 2021 December 27, 2019 (Loss) Earnings: Net (loss) income attributable to Aramark stockholders $ (81,243) $ 145,761 Shares: Basic weighted-average shares outstanding 253,668 248,731 Effect of dilutive securities (1) — 5,390 Diluted weighted-average shares outstanding 253,668 254,121 Basic (Loss) Earnings Per Share: Net (loss) income attributable to Aramark stockholders $ (0.32) $ 0.59 Diluted (Loss) Earnings Per Share: Net (loss) income attributable to Aramark stockholders $ (0.32) $ 0.57 (1) Incremental shares of 1.9 million have been excluded from the computation of diluted weighted-average shares outstanding for the three months ended January 1, 2021 because the effect would have been antidilutive due to the net loss attributable to Aramark stockholders during the period.

Business Segments (Tables)

Business Segments (Tables)	3 Months Ended
	Jan. 01, 2021
Segment Reporting [Abstract]
Schedule of Sales by Segment	Financial information by segment follows (in millions): Revenue Three Months Ended January 1, 2021 December 27, 2019 FSS United States $ 1,445.8 $ 2,639.0 FSS International 694.5 946.2 Uniform 603.5 668.4 $ 2,743.8 $ 4,253.6
Schedule of Operating Income by Segment	Operating (Loss) Income Three Months Ended January 1, 2021 December 27, 2019 FSS United States $ (14.8) $ 185.9 FSS International (3.0) 43.7 Uniform 32.1 53.3 14.3 282.9 Corporate (34.8) (28.6) Operating (Loss) Income (20.5) 254.3 Interest and Other Financing Costs, net 100.4 79.6 (Loss) Income Before Income Taxes $ (120.9) $ 174.7

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands	3 Months Ended
	Jan. 01, 2021USD ($)segmentcountry	Oct. 02, 2020USD ($)
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Number of reportable segments | segment	3
Cash and cash equivalents	$ 1,166,226	$ 2,509,188
Equity securities without readily determinable fair value, amount	42,500	42,500
Allowance for doubtful accounts receivable, current	82,918	74,925
Deferred income taxes and other liabilities	1,098,526	1,099,075
Deferred Income Taxes and Other Noncurrent Liabilities | CARES Act
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Deferred income taxes and other liabilities	128,500
Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
CARES Act. COVID-19 labor related credit	1,900
FSS United States and Uniform | Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
CARES Act. COVID-19 labor related credit	35,100
Uniform | Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
CARES Act. COVID-19 labor related credit	4,700
Captive
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 118,700	$ 92,100
Foreign Countries Outside North America
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Number of foreign countries in which entity operates | country	18

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Components of Comprehensive (Loss) Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Pre-Tax Amount
Pension plan adjustments	$ (975)	$ (285)
Foreign currency translation adjustments	27,684	14,354
Fair value of cash flow hedges	12,323	9,126
Share of equity investee's comprehensive (loss) income	(220)	147
Other comprehensive income	38,812	23,342
Tax Effect
Pension plan adjustments	0	0
Foreign currency translation adjustments	(1,502)	231
Fair value of cash flow hedges	(3,204)	(2,373)
Share of equity investee's comprehensive (loss) income	0	0
Other comprehensive income	(4,706)	(2,142)
After-Tax Amount
Net (loss) income	(81,380)	145,883
Pension plan adjustments	(975)	(285)
Foreign currency translation adjustments	26,182	14,585
Fair value of cash flow hedges	9,119	6,753
Share of equity investee's comprehensive (loss) income	(220)	147
Other comprehensive income	34,106	21,200
Comprehensive (loss) income	(47,274)	167,083
Less: Net (loss) income attributable to noncontrolling interest	(137)	122
Comprehensive (loss) income attributable to Aramark stockholders	$ (47,137)	$ 166,961

Basis of Presentation and Sum_6

Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	Jan. 01, 2021	Oct. 02, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Pension plan adjustments	$ (73,866)	$ (72,891)
Foreign currency translation adjustments	(109,755)	(135,937)
Cash flow hedges	(78,479)	(87,598)
Share of equity investee's accumulated other comprehensive loss	(11,052)	(10,832)
Total accumulated other comprehensive loss	$ (273,152)	$ (307,258)

Severance (Details)

Severance (Details) - USD ($) $ in Millions	Jan. 01, 2021	Oct. 02, 2020
Employee severance and other costs | COVID-Related Serverance
Restructuring Cost and Reserve [Line Items]
Severance and related costs accrual	$ 91.2	$ 118.5

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Schedule of Goodwill Assets by Segment (Details) $ in Thousands	3 Months Ended
	Jan. 01, 2021USD ($)
Goodwill [Roll Forward]
Balance at beginning of the period	$ 5,343,828
Acquisitions	5,221
Translation	20,249
Balance at the end of the period	5,369,298
FSS United States
Goodwill [Roll Forward]
Balance at beginning of the period	3,953,332
Acquisitions	5,194
Translation	51
Balance at the end of the period	3,958,577
FSS International
Goodwill [Roll Forward]
Balance at beginning of the period	426,118
Acquisitions	0
Translation	19,769
Balance at the end of the period	445,887
Uniform
Goodwill [Roll Forward]
Balance at beginning of the period	964,378
Acquisitions	27
Translation	429
Balance at the end of the period	$ 964,834

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Finite-Lived Intangible Assets (Details) - USD ($) $ in Thousands	Jan. 01, 2021	Oct. 02, 2020
Finite-Lived Intangible Assets [Line Items]
Gross Amount	$ 3,050,528	$ 3,248,444
Accumulated Amortization	(1,116,065)	(1,315,807)
Finite-Lived Intangible Assets, Net	1,934,463	1,932,637
Customer relationship assets
Finite-Lived Intangible Assets [Line Items]
Gross Amount	1,986,182	2,195,700
Accumulated Amortization	(1,107,375)	(1,308,002)
Finite-Lived Intangible Assets, Net	878,807	887,698
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross Amount	1,064,346	1,052,744
Accumulated Amortization	(8,690)	(7,805)
Finite-Lived Intangible Assets, Net	$ 1,055,656	$ 1,044,939

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 29.6	$ 29.1

Borrowings - Schedule of Debt (

Borrowings - Schedule of Debt (Details) - USD ($)	Jan. 01, 2021	Oct. 02, 2020
Debt Instrument [Line Items]
Finance leases	$ 140,203,000	$ 142,588,000
Other	33,034,000	22,155,000
Debt and capital lease obligations	8,209,468,000	9,278,423,000
Less—current portion	(98,328,000)	(99,915,000)
Long-Term Borrowings	8,111,140,000	9,178,508,000
Receivables Facility, Due June 2022
Debt Instrument [Line Items]
Long-term debt	0	315,600,000
Secured Debt | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt	79,025,000	849,895,000
Secured Debt | Term Loan Facility Due October 2023
Debt Instrument [Line Items]
Long-term debt	477,848,000	485,346,000
Secured Debt | Term Loan Facility Due March 2024
Debt Instrument [Line Items]
Long-term debt	830,331,000	830,133,000
Secured Debt | Term Loan Facility Due March 2025
Debt Instrument [Line Items]
Long-term debt	1,659,487,000	1,659,194,000
Secured Debt | Term Loan Facility, US Term Loan B, Due 2027
Debt Instrument [Line Items]
Long-term debt	886,546,000	888,540,000
Senior Notes | 5.00% Senior Notes, Due April 2025
Debt Instrument [Line Items]
Long-term debt	$ 593,709,000	593,381,000
Interest rate stated percentage	5.00%
Senior Notes | 3.125% senior notes, due April 2025
Debt Instrument [Line Items]
Long-term debt	$ 394,193,000	377,960,000
Interest rate stated percentage	3.125%
Senior Notes | 6.375% Senior Notes, Due May 01, 2025
Debt Instrument [Line Items]
Long-term debt	$ 1,480,313,000	1,479,341,000
Interest rate stated percentage	6.375%
Senior Notes | 4.75% Senior Notes, Due June 2026
Debt Instrument [Line Items]
Long-term debt	$ 495,601,000	495,426,000
Interest rate stated percentage	4.75%
Senior Notes | 5.00% Senior Notes, Due February 2028
Debt Instrument [Line Items]
Long-term debt	$ 1,139,178,000	$ 1,138,864,000
Interest rate stated percentage	5.00%

Borrowings - Narrative (Details

Borrowings - Narrative (Details)	3 Months Ended
	Jan. 01, 2021USD ($)	Oct. 02, 2020USD ($)
Debt Instrument [Line Items]
Cash and cash equivalents	$ 1,166,226,000	$ 2,509,188,000
Interest coverage ratio	2
Receivables Facility, Due June 2022
Debt Instrument [Line Items]
Long-term debt	$ 0	315,600,000
Remaining borrowing capacity	351,200,000
Repayments of debt	315,600,000
Revolving Credit Facility
Debt Instrument [Line Items]
Remaining borrowing capacity	850,400,000
Secured Debt | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt	79,025,000	849,895,000
Repayments of debt	780,000,000
Secured Debt | Term Loan Facility Due October 2023
Debt Instrument [Line Items]
Long-term debt	477,848,000	$ 485,346,000
Repayments of debt	16,500,000
Foreign
Debt Instrument [Line Items]
Long-term debt	$ 966,300,000

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) $ in Thousands, gal in Millions	3 Months Ended		12 Months Ended
	Jan. 01, 2021USD ($)gal	Dec. 27, 2019USD ($)	Oct. 02, 2020USD ($)
Derivative [Line Items]
Gain (loss) recognized in income	$ (11,826)	$ 1,700
Designated as Hedging Instrument | Cash Flow Hedging
Derivative [Line Items]
Net tax loss expected to be reclassified from accumulated other comprehensive loss	36,100
Not Designated as Hedging Instrument
Derivative [Line Items]
Gain (loss) recognized in income	1,739	3,900
Interest rate swap agreements | Designated as Hedging Instrument
Derivative [Line Items]
Derivative, notional amount	2,600,000
Interest rate swap agreements | Designated as Hedging Instrument | Cash Flow Hedging
Derivative [Line Items]
Derivative, notional amount	250,000
Cash flow hedge gain (loss)	(78,500)		$ (87,600)
Gain (loss) recognized in income	$ (1,242)	6,926
Gasoline and diesel fuel agreements | Not Designated as Hedging Instrument
Derivative [Line Items]
Nonmonetary notional amount, volume | gal	9.8
Gain (loss) recognized in income	$ 3,600	$ 3,100

Derivative Instruments - Effect

Derivative Instruments - Effect on Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Derivative [Line Items]
Interest rate swap agreements	$ (11,826)	$ 1,700
Designated as Hedging Instrument | Cash Flow Hedging | Interest rate swap agreements
Derivative [Line Items]
Interest rate swap agreements	$ (1,242)	$ 6,926

Derivative Instruments - Balanc

Derivative Instruments - Balance Sheet Presentation (Details) - USD ($) $ in Thousands	Jan. 01, 2021	Oct. 02, 2020
Derivative instruments
Interest rate swap agreements	$ 106,575	$ 120,302
Not Designated as Hedging Instrument | Prepayments and other current assets | Gasoline and diesel fuel agreements
Derivative instruments
Fair value of derivative assets	1,762	0
Not Designated as Hedging Instrument | Accounts payable | Gasoline and diesel fuel agreements
Derivative instruments
Interest rate swap agreements	0	1,805
Not Designated as Hedging Instrument | Accounts payable | Foreign currency forward exchange contracts
Derivative instruments
Interest rate swap agreements	522	121
Designated as Hedging Instrument
Derivative instruments
Interest rate swap agreements	106,053	118,376
Designated as Hedging Instrument | Accounts payable | Interest rate swap agreements
Derivative instruments
Interest rate swap agreements	6,104	1,494
Designated as Hedging Instrument | Other Noncurrent Liabilities | Interest rate swap agreements
Derivative instruments
Interest rate swap agreements	$ 99,949	$ 116,882

Derivative Instruments - Locati

Derivative Instruments - Location of (Gain) Loss Reclassified from AOCI Into Earnings (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Derivative instruments
Gain (loss) recognized in income	$ 11,826	$ (1,700)
Not Designated as Hedging Instrument
Derivative instruments
Gain (loss) recognized in income	(1,739)	(3,900)
Not Designated as Hedging Instrument | Gasoline and diesel fuel agreements
Derivative instruments
Gain (loss) recognized in income	(3,600)	(3,100)
Not Designated as Hedging Instrument | Interest Expense | Foreign currency forward exchange contracts
Derivative instruments
Gain (loss) recognized in income	402	(102)
Not Designated as Hedging Instrument | Cost of Services Provided and Selling and General Corporate Expenses | Gasoline and diesel fuel agreements
Derivative instruments
Gain (loss) recognized in income	(2,141)	(3,798)
Cash Flow Hedging | Designated as Hedging Instrument | Interest rate swap agreements
Derivative instruments
Gain (loss) recognized in income	1,242	(6,926)
Cash Flow Hedging | Designated as Hedging Instrument | Interest Expense | Interest rate swap agreements
Derivative instruments
Gain (Loss), reclassification, before tax	$ 13,565	$ 2,200

Revenue Recognition - Performan

Revenue Recognition - Performance Obligation Narrative (Details) $ in Millions	3 Months Ended
	Jan. 01, 2021USD ($)performanceObligation
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Number of remaining performance obligations | performanceObligation	1
Deferred revenue recognized | $	$ 151.7

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Disaggregation of Revenue [Line Items]
Revenue	$ 2,743,789	$ 4,253,597
FSS United States
Disaggregation of Revenue [Line Items]
Revenue	1,445,800	2,639,000
FSS United States | Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	1,445,800	2,639,000
FSS United States | Business & Industry | Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	154,400	405,500
FSS United States | Education | Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	513,200	1,001,100
FSS United States | Healthcare | Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	186,800	227,200
FSS United States | Sports, Leisure & Corrections | Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	226,500	608,900
FSS United States | Facilities & Other | Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	364,900	396,300
FSS International
Disaggregation of Revenue [Line Items]
Revenue	694,500	946,200
FSS International | Total FSS International
Disaggregation of Revenue [Line Items]
Revenue	694,500	946,200
FSS International | Europe
Disaggregation of Revenue [Line Items]
Revenue	329,200	502,700
FSS International | Rest of World
Disaggregation of Revenue [Line Items]
Revenue	365,300	443,500
Uniform
Disaggregation of Revenue [Line Items]
Revenue	$ 603,500	$ 668,400

Revenue Recognition - Deferred

Revenue Recognition - Deferred Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2021	Oct. 02, 2020
Revenue from Contract with Customer [Abstract]
Deferred income	$ 191,700	$ 263,800
Contract with customer, liability, revenue refunded, COVID-19	$ 12,700

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Mar. 27, 2020	Mar. 26, 2020
Income Tax Contingency [Line Items]
Income tax benefit, CARES Act.	$ (39,496)	$ 28,825
Valuation allowance	16,100
Foreign tax credits	105,900
General business credits	2,000
CARES Act
Income Tax Contingency [Line Items]
Allowable percent of adjusted taxable income			50.00%	30.00%
Income tax benefit, CARES Act.	22,200
Income taxes receivable	$ 95,800

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ / shares in Units, $ in Thousands	Feb. 02, 2021	Jan. 01, 2021	Dec. 27, 2019	Oct. 02, 2020
Class of Stock [Line Items]
Payments of dividends		$ 27,911	$ 27,483
Preferred stock, shares authorized (in shares)		100,000,000		100,000,000
Preferred stock, par value (in dollars per share)		$ 0.01		$ 0.01
Preferred stock, shares issued (in shares)		0		0
Preferred stock, shares outstanding (in shares)		0		0
Common stock, shares authorized (in shares)		600,000,000		600,000,000
Subsequent Event | Employee Stock
Class of Stock [Line Items]
Maximum annual eligible pay towards contributions, percent	10.00%
Purchase price of fair value of common stock, percent	85.00%
Number of shares authorized	12,500,000
Subsequent Event | Forecast
Class of Stock [Line Items]
Dividends payable (in dollars per share)	$ 0.11
Third Amended and Restated 2013 Stock Incentive Plan | Common Stock | Subsequent Event
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	3,500,000

Share-Based Compensation - Comp

Share-Based Compensation - Compensation Expense and Other Options (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2021	Oct. 02, 2020	Dec. 27, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	$ 18,300		$ 14,100
Taxes related to share-based compensation	6,600		3,500
Cash Received from Option Exercises	7,813		26,089
Tax (Provision)Benefit on Share Deliveries	$ (800)		18,600
Award vesting period	3 years	4 years
TBOs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	$ 4,100		2,900
TBO-Rs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	1,100		0
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	12,600		8,100
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	0		2,600
Deferred Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	$ 500		$ 500

Earnings (Loss) Per Share - Com

Earnings (Loss) Per Share - Computation of Basic and Diluted Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
(Loss) Earnings:
Net (loss) income attributable to Aramark stockholders	$ (81,243)	$ 145,761
Shares:
Basic weighted-average shares outstanding (in shares)	253,668	248,731
Effect of dilutive securities (in shares)	0	5,390
Diluted weighted-average shares outstanding (in shares)	253,668	254,121
Basic (Loss) Earnings Per Share:
Net (loss) income attributable to Aramark stockholders (in dollars per share)	$ (0.32)	$ 0.59
Diluted (Loss) Earnings Per Share:
Net (loss) income attributable to Aramark stockholders (in dollars per share)	$ (0.32)	$ 0.57
Antidilutive securities excluded from computation of EPS (in shares)	1,900

Earnings (Loss) Per Share - Nar

Earnings (Loss) Per Share - Narrative (Details) - shares shares in Millions	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS (in shares)	1.9
Share-based Compensation Award
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS (in shares)	13.4	1.6
Performance-Based Options and Performance Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS (in shares)	1.1	1.7

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jan. 01, 2021	Sep. 27, 2019
Loss Contingencies [Line Items]
Residual value guarantee accrual, period accrual	$ 0
Pending Litigation
Loss Contingencies [Line Items]
Estimate of possible loss	19,700,000
Chairman, President and Chief Executive Officer | Employee severance and other costs | Accrued Payroll and Related Expenses
Loss Contingencies [Line Items]
Severance costs		$ 10,400,000
Severance costs accrual, current	4,300,000
Maximum
Loss Contingencies [Line Items]
Residual value guarantee	28,900,000
Residual value of leased asset	$ 0
Vehicles | Minimum
Loss Contingencies [Line Items]
Lease term	1 year
Vehicles | Maximum
Loss Contingencies [Line Items]
Lease term	12 years

Business Segments - Narrative (

Business Segments - Narrative (Details) $ in Millions	3 Months Ended
	Jan. 01, 2021USD ($)segmentnationalPark	Dec. 27, 2019USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment	3
Possessory interest in National Park service sites | nationalPark	1
Cost of services provided | FSS United States
Segment Reporting Information [Line Items]
Proceeds from recovery of investment | $	$ 10	$ 15.3
Sales | Food Services | Product Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage	73.00%
Sales | Facilities & Other | Product Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage	27.00%

Business Segments (Details)

Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Segment Reporting Information [Line Items]
Revenue	$ 2,743,789	$ 4,253,597
Operating (Loss) Income	(20,467)	254,293
Interest and Other Financing Costs, net	100,409	79,585
(Loss) Income Before Income Taxes	(120,876)	174,708
Operating Segments
Segment Reporting Information [Line Items]
Operating (Loss) Income	14,300	282,900
Corporate, Non-Segment
Segment Reporting Information [Line Items]
Operating (Loss) Income	(34,800)	(28,600)
Reconciling Items
Segment Reporting Information [Line Items]
Operating (Loss) Income	(20,500)	254,300
Interest and Other Financing Costs, net	100,400	79,600
FSS United States
Segment Reporting Information [Line Items]
Revenue	1,445,800	2,639,000
FSS United States | Operating Segments
Segment Reporting Information [Line Items]
Operating (Loss) Income	(14,800)	185,900
FSS International
Segment Reporting Information [Line Items]
Revenue	694,500	946,200
FSS International | Operating Segments
Segment Reporting Information [Line Items]
Operating (Loss) Income	(3,000)	43,700
Uniform
Segment Reporting Information [Line Items]
Revenue	603,500	668,400
Uniform | Operating Segments
Segment Reporting Information [Line Items]
Operating (Loss) Income	$ 32,100	$ 53,300

Fair Value of Financial Asset_2

Fair Value of Financial Assets and Financial Liabilities (Details) - USD ($) $ in Millions	Jan. 01, 2021	Oct. 02, 2020
Fair Value Disclosure | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	$ 8,435.7	$ 9,260
Carrying Value Disclosure
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of debt	$ 8,209.5	$ 9,278.4