0001584509-21-000256 | 10-K | XBRL Viewer

Print Document View Excel Document

Cover Page - USD ($) $ in Millions	12 Months Ended
Cover Page - USD ($) $ in Millions	Oct. 01, 2021	Oct. 29, 2021	Apr. 02, 2021
Cover [Abstract]
Document Type	10-K
Document Period End Date	Oct. 01, 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, City or Town	Philadelphia,
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19103
City Area Code	215
Local Phone Number	238-3000
Title of 12(b) Security	Common Stock,
Trading Symbol	ARMK
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Entity Public Float			$ 9,877.1
Entity Common Stock, Shares Outstanding		256,041,639
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Central Index Key	0001584509
Document Transition Report	false
Document Annual Report	true
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive proxy statement to be filed with the Securities and Exchange Commission pursuant to Regulation 14A relating to the registrant's 2022 Annual Meeting of Stockholders, to be held on February 1, 2022, will be incorporated by reference in this Form 10-K in response to portions of Part III. The definitive proxy statement will be filed with the SEC not later than 120 days after the registrant's fiscal year ended October 1, 2021.

Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Current Assets:
Cash and cash equivalents	$ 532,591	$ 2,509,188
Receivables (less allowances: 2021 - $79,644; 2020 - $74,925)	1,748,601	1,431,206
Inventories	412,676	436,473
Prepayments and other current assets	204,987	298,944
Total current assets	2,898,855	4,675,811
Property and Equipment, at cost:
Land, buildings and improvements	983,540	929,354
Service equipment and fixtures	4,355,699	4,184,603
Property and Equipment, gross	5,339,239	5,113,957
Less - Accumulated depreciation	(3,300,845)	(3,063,049)
Property and Equipment, net	2,038,394	2,050,908
Goodwill	5,487,297	5,343,828
Other Intangible Assets	2,028,622	1,932,637
Operating Lease Right-of-use Assets	587,854	551,394
Other Assets	1,335,142	1,158,106
Assets	14,376,164	15,712,684
Current Liabilities:
Current maturities of long-term borrowings	58,850	99,915
Current operating lease liabilities	67,280	71,810
Accounts payable	919,090	663,455
Accrued payroll and related expenses	677,185	572,076
Accrued expenses and other current liabilities	1,135,028	940,202
Total current liabilities	2,857,433	2,347,458
Long-Term Borrowings	7,393,417	9,178,508
Noncurrent Operating Lease Liabilities	314,378	341,667
Deferred Income Taxes and Other Noncurrent Liabilities	1,079,014	1,099,075
Commitments and Contingencies
Redeemable Noncontrolling Interest	9,050	9,988
Stockholders' Equity:
Common stock, par value $0.01 (authorized: 600,000,000 shares; issued: 2021—294,329,180 shares and 2020—290,663,529; and outstanding: 2021—255,998,119 shares and 2020—253,042,169 shares)	2,943	2,907
Capital surplus	3,533,054	3,416,132
Retained earnings	327,557	532,379
Accumulated other comprehensive loss	(208,011)	(307,258)
Treasury stock (shares held in treasury: 2021—38,331,061 shares and 2020—37,621,360 shares)	(932,671)	(908,172)
Total stockholders' equity	2,722,872	2,735,988
Liabilities and Stockholders’ Equity	$ 14,376,164	$ 15,712,684

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Statement of Financial Position [Abstract]
Allowance for Doubtful Accounts	$ 79,644	$ 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)	294,329,180	290,663,529
Common stock, shares outstanding (in shares)	255,998,119	253,042,169
Treasury Stock, Shares (in shares)	38,331,061	37,621,360

Consolidated Statements of (Loss) Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Income Statement [Abstract]
Revenue	$ 12,095,965	$ 12,829,559	$ 16,227,341
Costs and Expenses:
Cost of services provided (exclusive of depreciation and amortization)	11,007,080	11,993,667	14,532,662
Depreciation and amortization	550,692	595,195	592,573
Selling and general corporate expenses	346,749	307,016	367,256
Goodwill impairment	0	198,600	0
Gain on sale of Healthcare Technologies	0	0	(156,309)
Costs and Expenses	11,904,521	13,094,478	15,336,182
Operating income (loss)	191,444	(264,919)	891,159
Gain on Equity Investment	(137,934)	0	0
Loss on Defined Benefit Pension Plan Termination	60,864	0	0
Interest and Other Financing Costs, net	401,366	382,800	334,987
(Loss) Income Before Income Taxes	(132,852)	(647,719)	556,172
(Benefit) Provision for Income Taxes	(40,633)	(186,284)	107,706
Net (loss) income	(92,219)	(461,435)	448,466
Less: Net (loss) income attributable to noncontrolling interest	(1,386)	94	(83)
Net (loss) income attributable to Aramark stockholders	$ (90,833)	$ (461,529)	$ 448,549
(Loss) Earnings per share attributable to Aramark stockholders:
Basic (in dollars per share)	$ (0.36)	$ (1.83)	$ 1.82
Diluted (in dollars per share)	$ (0.36)	$ (1.83)	$ 1.78
Weighted Average Shares Outstanding:
Basic (in shares)	254,748	251,828	246,854
Diluted (in shares)	254,748	251,828	252,010

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (92,219)	$ (461,435)	$ 448,466
Other comprehensive income (loss), net of tax:
Pension plan adjustments	48,568	(25,669)	(22,594)
Foreign currency translation adjustments	8,925	(7,818)	(34,308)
Cash flow hedges:
Unrealized gains (losses) arising during the period	909	(82,005)	(62,450)
Reclassification adjustments	37,440	25,463	(4,798)
Share of equity investee's comprehensive income (loss)	3,405	(264)	(1,592)
Other comprehensive income (loss), net of tax	99,247	(90,293)	(125,742)
Comprehensive income (loss)	7,028	(551,728)	322,724
Less: Net (loss) income attributable to noncontrolling interest	(1,386)	94	(83)
Comprehensive income (loss) attributable to Aramark stockholders	$ 8,414	$ (551,822)	$ 322,807

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Cash flows from operating activities:
Net (loss) income	$ (92,219)	$ (461,435)	$ 448,466
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	550,692	595,195	592,573
Goodwill impairment and asset write-downs	0	283,743	0
Gain on Equity Investment	(137,934)	0	0
Loss on Defined Benefit Pension Plan Termination	60,864	0	0
Deferred income taxes	(43,234)	(134,048)	40,503
Share-based compensation expense	71,053	30,339	55,280
Net gain on sale of Healthcare Technologies	0	0	(139,165)
Changes in operating assets and liabilities:
Accounts Receivable	(290,214)	362,708	(78,771)
Inventories	(7,536)	(25,675)	(49,732)
Prepayments and Other Current Assets	101,939	(86,444)	(37,854)
Accounts Payable	252,158	(342,069)	17,680
Accrued Expenses	261,154	(143,640)	193,532
Payments made to clients on contracts	(100,918)	(69,575)	(40,073)
Changes in other noncurrent liabilities	(17,427)	92,782	18,904
Changes in other assets	4,177	66,650	(41,436)
Other operating activities	44,524	8,151	4,320
Net cash provided by operating activities	657,079	176,682	984,227
Cash flows from investing activities:
Purchases of property and equipment and other	(407,818)	(418,508)	(503,090)
Disposals of property and equipment	32,474	54,074	17,871
Proceeds from divestitures	0	0	293,711
Acquisition of certain businesses, net of cash acquired	(265,766)	(22,201)	(44,863)
Proceeds from governmental agencies related to property and equipment	10,000	23,550	23,025
Other investing activities	(3,276)	1,965	3,825
Net cash used in investing activities	(634,386)	(361,120)	(209,521)
Cash flows from financing activities:
Proceeds from long-term borrowings	893,993	3,239,772	77,630
Payments of long-term borrowings	(2,453,571)	(1,000,463)	(654,560)
Net change in funding under the Receivables Facility	(315,600)	315,600	0
Payments of dividends	(112,010)	(110,893)	(108,439)
Proceeds from issuance of common stock	41,587	90,022	39,087
Repurchase of common stock	0	(6,540)	(50,000)
Other financing activities	(59,738)	(89,976)	(38,610)
Net cash (used in) provided by financing activities	(2,005,339)	2,437,522	(734,892)
Effect of foreign exchange rates on cash and cash equivalents	6,049	9,461	(8,196)
(Decrease) increase in cash and cash equivalents	(1,976,597)	2,262,545	31,618
Cash and cash equivalents, beginning of period	2,509,188	246,643	215,025
Cash and cash equivalents, end of period	$ 532,591	$ 2,509,188	$ 246,643

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Total Stockholders' Equity	Total Stockholders' Equity Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Capital Surplus	Retained Earnings	Retained Earnings Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss	Treasury Stock
Balance Beginning at Sep. 28, 2018		$ 3,029,558	$ 58,395	$ 2,793	$ 3,132,421	$ 710,519	$ 58,395	$ (91,223)	$ (724,952)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to Aramark stockholders	$ 448,549	448,549				448,549
Other comprehensive income	(125,742)	(125,742)						(125,742)
Capital contributions from issuance of common stock		48,785		36	48,749
Share-based compensation expense		55,280			55,280
Repurchases of common stock		(84,344)							(84,344)
Payments of dividends ($0.44 per share)		(110,434)				(110,434)
Balance Ending 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 income attributable to Aramark stockholders	(461,529)	(461,529)				(461,529)
Other comprehensive income	(90,293)	(90,293)						(90,293)
Capital contributions from issuance of common stock		134,607		78	134,529
Capital contributions from stockholder		14,814			14,814
Share-based compensation expense		30,339			30,339
Repurchases of common stock		(98,876)							(98,876)
Payments of dividends ($0.44 per share)		(113,121)				(113,121)
Balance Ending 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 income attributable to Aramark stockholders	(90,833)	(90,833)				(90,833)
Other comprehensive income	99,247	99,247						99,247
Capital contributions from issuance of common stock		45,905		36	45,869
Share-based compensation expense		71,053			71,053
Repurchases of common stock		(24,499)							(24,499)
Payments of dividends ($0.44 per share)		(113,989)				(113,989)
Balance Ending at Oct. 01, 2021	$ 2,722,872	$ 2,722,872		$ 2,943	$ 3,533,054	$ 327,557		$ (208,011)	$ (932,671)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=124431353&loc=SL124452729-227067

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=125511455&loc=SL5780133-109256

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669619-108580

Reference 25: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669625-108580

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

+ Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669619-108580

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=124431353&loc=SL124442407-227067

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21463-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 55
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=124507222&loc=d3e1436-108581

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=124431353&loc=SL124442411-227067

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669625-108580

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

+ Details

- Definition

Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 45
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=124436220&loc=d3e21930-107793

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 45
-Paragraph 23
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124436220&loc=d3e21914-107793

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=124431353&loc=SL124442411-227067

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 105
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=124434974&loc=SL124442142-165695

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 105
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=124434974&loc=SL124442142-165695

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=123454820&loc=SL4568740-111683

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(3)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 45
-Paragraph 5
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124436220&loc=d3e21711-107793

Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (d)(2)
-URI http://asc.fasb.org/extlink&oid=123459177&loc=SL121830611-158277

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (d)(3)
-URI http://asc.fasb.org/extlink&oid=123459177&loc=SL121830611-158277

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333

Reference 21: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4I
-URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4590271-111686

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (f)(1)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

Reference 24: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=123454820&loc=SL4568447-111683

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (f)(1)
-URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(3)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Publisher FASB
-Subparagraph (a)(3)(iii)(03)

+ Details

Consolidated Statements of Stockholders' Equity - Parentheticals - $ / shares	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Statement of Stockholders' Equity [Abstract]
Dividends declared (in dollars per share)	$ 0.44	$ 0.44	$ 0.44

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies

12 Months Ended

Oct. 01, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies

NATURE OF BUSINESS, 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, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure and other facilities.

•Food and Support Services International ("FSS International") - Food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure and other facilities.

•Uniform and Career Apparel ("Uniform") - Provides a full service employee uniform solution, including design, sourcing and manufacturing, delivery, cleaning and maintenance on a contract basis. Directly markets personalized uniforms and accessories, provides managed restroom services and rents uniforms, work clothing, outerwear, particulate-free garments and non-garment items and related services, including mats, shop towels and first aid supplies, to clients in a wide range of industries in the United States, Puerto Rico, Canada and through a joint venture in Japan, including the manufacturing, transportation, construction, restaurant and hotel, healthcare and pharmaceutical industries.

The consolidated financial statements include the accounts of the Company and all of its subsidiaries in which a controlling financial interest is maintained in accordance with generally accepted accounting principles in the United States ("U.S. GAAP"). All significant intercompany transactions and accounts have been eliminated.

Fiscal Year

The Company's fiscal year is the fifty-two or fifty-three week period which ends on the Friday nearest September 30th. The fiscal years ended October 1, 2021 and September 27, 2019 were each fifty-two week periods and the fiscal year ended October 2, 2020 was a fifty-three week period.

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 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 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 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 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 consolidated financial statements.

In August 2018, the FASB issued an ASU which adds, modifies and removes several disclosure requirements related to defined benefit pension plans. The Company early adopted the guidance in the fourth quarter of fiscal 2021, which did not have a material impact on the 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 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 required 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 required 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 consolidated financial statements.

Standards Not Yet Adopted (from most to least recent date of issuance)

In October 2021, the FASB issued an ASU which requires that an entity (acquirer) recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Accounting Standards Codification 606, Revenue from Contracts with Customers ("ASC 606") as if it had originated the contracts. The guidance is effective for the Company in the first quarter of fiscal 2024 and early adoption is permitted. The Company is currently evaluating the impact of this standard.

In January 2021, the FASB issued an ASU which clarifies certain optional expedients and exceptions for contract modifications and hedge accounting that may apply to derivatives that are affected by the discontinuance of LIBOR and the reference rate reform standard. The Company may adopt this guidance through December 2022 if the remaining amendment to the reference rate reform standard is adopted. The Company is currently evaluating the impact of this standard.

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 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 rate 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 adoption of this guidance will not have a material impact on the consolidated financial statements.

Revenue Recognition

The Company recognizes revenue when its performance obligation is satisfied upon the transfer of control of the promised product or service to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods and services. In each of the Company's operating segments, revenue is recognized over time in the period in which services are provided pursuant to the terms of the Company's contractual relationships with its clients. The Company generally records revenue on food and support services contracts (both profit and loss contracts and client interest contracts) on a gross basis as the Company is the primary obligor and service provider. See Note 7 for additional information on revenue recognition.

Certain profit and loss contracts include payments to the client, typically calculated as a fixed or variable percentage of various categories of revenue and income. In some cases these contracts require minimum guaranteed payments that are contingent on certain future events. These expenses are currently recorded in "Cost of services provided (exclusive of depreciation and amortization)."

Revenue from client interest contracts is generally comprised of amounts billed to clients for food, labor and other costs that the Company incurs, controls and pays for. Revenue from these contracts also includes any associated management fees, client subsidies or incentive fees based upon the Company's performance under the contract. Revenue from direct marketing activities is recognized at a point in time upon shipment. All revenue related taxes are presented on a net basis.

The timing of revenue recognition may differ from the timing of invoicing to customers. The Company records an accounts receivable balance when revenue is recognized prior to or at the time of invoicing the customer. A majority of the Company’s receivables balances are based on contracts with customers.

The Company estimates and reserves for its credit loss exposure based on historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount in estimating credit losses. Credit loss expense is classified within "Cost of services provided (exclusive of depreciation and amortization)."

Vendor Consideration

Consideration received from vendors includes rebates, allowances and volume discounts and are accounted for as an adjustment to the cost of the vendors' products or services and are reported as a reduction of "Cost of services provided (exclusive of depreciation and amortization)," "Inventory," or "Property and equipment, net." Income from rebates, allowances and volume discounts is recognized based on actual purchases in the fiscal period relative to total actual purchases to be made for the contractual rebate period agreed to with the vendor. Rebates, allowances and volume discounts related to “Inventory” held at the balance sheet date are deducted from the carrying value of these inventories. Rebates, allowances and volume discounts related to "Property and equipment, net" are deducted from the costs capitalized.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could materially differ from those estimates.

Comprehensive Income (Loss)

Comprehensive income (loss) includes all changes to stockholders' equity during a period, except those resulting from investments by and distributions to stockholders. Components of comprehensive income (loss) include net income (loss), 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 income (loss) (net of tax).

The summary of the components of comprehensive income (loss) is as follows (in thousands):


	Fiscal Year Ended
	October 1, 2021				October 2, 2020				September 27, 2019
	Pre-Tax Amount	Tax Effect	After-Tax Amount		Pre-Tax Amount	Tax Effect	After-Tax Amount		Pre-Tax Amount	Tax Effect	After-Tax Amount
Net (loss) income			$	(92,219)			$	(461,435)			$	448,466
Pension plan adjustments	63,959	(15,391)	48,568		(33,831)	8,162	(25,669)		(29,137)	6,543	(22,594)
Foreign currency translation adjustments	7,383	1,542	8,925		(6,348)	(1,470)	(7,818)		(34,099)	(209)	(34,308)
Cash flow hedges:
Unrealized gains (losses) arising during the period	1,228	(319)	909		(110,817)	28,812	(82,005)		(84,392)	21,942	(62,450)
Reclassification adjustments	50,595	(13,155)	37,440		34,409	(8,946)	25,463		(6,484)	1,686	(4,798)
Share of equity investee's comprehensive income (loss)	3,405	—	3,405		(264)	—	(264)		(1,592)	—	(1,592)
Other comprehensive income (loss)	126,570	(27,323)	99,247		(116,851)	26,558	(90,293)		(155,704)	29,962	(125,742)
Comprehensive income (loss)			7,028				(551,728)				322,724
Less: Net (loss) income attributable to noncontrolling interest			(1,386)				94				(83)
Comprehensive income (loss) attributable to Aramark stockholders			$	8,414			$	(551,822)			$	322,807

Accumulated other comprehensive loss consists of the following (in thousands):


	October 1, 2021		October 2, 2020
Pension plan adjustments	$	(24,323)	$	(72,891)
Foreign currency translation adjustments	(127,012)		(135,937)
Cash flow hedges	(49,249)		(87,598)
Share of equity investee's accumulated other comprehensive loss	(7,427)		(10,832)
	$	(208,011)	$	(307,258)

Currency Translation

Gains and losses resulting from the translation of financial statements of non-United States subsidiaries are reflected as a component of accumulated other comprehensive income (loss) in stockholders' equity. 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. The impact of the remeasurements was a foreign currency transaction loss of approximately $1.8 million, $2.5 million and $4.9 million during fiscal 2021, fiscal 2020 and fiscal 2019, respectively, to the Consolidated Statements of (Loss) Income. The impact of foreign currency transaction gains and losses exclusive of Argentina's operations included in the Company's operating results for fiscal 2021, fiscal 2020 and fiscal 2019 were immaterial to the consolidated financial statements.

Current Assets

The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.

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 October 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 October 1, 2021 and October 2, 2020, cash and cash equivalents at the Captive were $194.3 million and $92.1 million, respectively.

Inventories are valued at the lower of cost (principally the first-in, first-out method) or net realizable value. As of October 1, 2021 and October 2, 2020, the Company's reserve for inventory obsolescence was approximately $45.7 million and $36.7 million, respectively. The increase is mainly related to excess inventory related to personal protective equipment ("PPE"). The inventory obsolescence reserve is determined based on history and projected customer consumption and specific identification. In addition, the Company recorded approximately $25.4 million in inventory write-downs during fiscal 2021 to reflect the current net realizable value of PPE inventory.

The components of inventories are as follows:


	October 1, 2021		October 2, 2020
Food(1)	48.7	%	42.7	%
Career apparel and linens(2)	46.0	%	52.2	%
Parts, supplies and novelties	5.3	%	5.1	%
	100.0	%	100.0	%


(1)			Food inventory increased during fiscal 2021 as the COVID-19 pandemic ("COVID-19") lockdowns were lifted and operations began to re-open.
(2)			Career apparel and linens inventory decreased during fiscal 2021 due to decreased production and distribution of PPE, which was elevated during fiscal 2020 in response to COVID-19.

Prepayments and other current assets

The following table presents details of "Prepayments and other current assets" as presented in the Consolidated Balance Sheets (in thousands):


	October 1, 2021		October 2, 2020
Prepaid Insurance	$	12,566	$	13,396
Prepaid Taxes and Licenses	11,159		11,130
Current Income Tax Asset(1)	23,523		123,608
Other Prepaid Expenses	157,739		150,810
	$	204,987	$	298,944


(1)			Fiscal 2020 income tax receivable driven by the net loss position during fiscal 2020 from the impact of COVID-19. Income tax proceeds were received in fiscal 2021.

Property and Equipment

Property and equipment are stated at cost and are depreciated over their estimated useful lives on a straight-line basis. Gains and losses on dispositions are included in operating results. Maintenance and repairs are charged to current operations and replacements and significant improvements that extend the useful life of the asset are capitalized. The estimated useful lives for the major categories of property and equipment are 10 to 40 years for buildings and improvements and three to 20 years for service equipment and fixtures. Depreciation expense during fiscal 2021, fiscal 2020 and fiscal 2019 was $378.3 million, $418.3 million and $421.4 million, respectively.

During the fourth quarter of fiscal 2020, the Company recognized impairment charges of $30.6 million within its FSS United States and FSS International segments, consisting of right-of-use assets ($11.6 million), property and equipment ($17.8 million) and other assets ($1.2 million), which are included in "Cost of services provided (exclusive of depreciation and amortization)" on the Consolidated Statements of (Loss) Income for the fiscal year ended October 2, 2020. These impairment charges primarily relate to client contracts that were reassessed due to the impact of COVID-19. In order to determine the impairment charges, the Company compared the estimated fair value of each asset group, calculated using discount cash flows, to its book value.

During the third quarter of fiscal 2020, the Company permanently vacated certain rental properties and assets at various locations throughout the United States related to non-core operations and no longer intends to operate or sublease at these locations. Accordingly, the Company recorded a loss on disposal by abandonment of $28.5 million within its FSS United States segment, consisting of right-of-use assets ($10.3 million), leasehold improvements ($17.4 million) and other assets ($0.8 million), which is included in "Cost of services provided (exclusive of depreciation and amortization)" on the Consolidated Statements of (Loss) Income for the fiscal year ended October 2, 2020. The Company has no remaining lease liability related to the abandoned leases as of October 1, 2021.

During the third quarter of fiscal 2020, the Company received $25.0 million of insurance proceeds from one of its insurance carriers related to property damage and business interruption from a tornado at one of its Uniform market centers in Nashville, Tennessee. These proceeds serve to cover the cost of rebuilding the property and for any incremental expenses the Company incurs to continue servicing its customers at nearby market centers. The Company’s insurance policy provides coverage for the property damage and reimbursement for other expenses and incremental costs that have been incurred related to the damages and losses. The Company recorded a gain during fiscal 2020 of approximately $16.3 million from these proceeds, which represents the excess of previously incurred losses, including the write-down of the damaged property and equipment and business interruption expenses. The gain is included in “Cost of services provided (exclusive of depreciation and amortization” on the Consolidated Statements of (Loss) Income. The Company allocated $21.5 million of the insurance proceeds to the recovery of the damaged building and equipment and is included within “Net cash used in investing activities” on the Consolidated Statement of Cash Flows for the fiscal year ended October 2, 2020. The remaining $3.5 million of insurance proceeds is included within “Net cash provided by operating activities” to offset the business interruption expenses incurred during the fiscal year ended October 2, 2020.

Other Assets

The following table presents details of "Other Assets" as presented in the Consolidated Balance Sheets (in thousands):


	October 1, 2021		October 2, 2020
Cost to fulfill - Client(1)	$	109,541	$	113,940
Cost to fulfill - Rental merchandise in-service(2)	324,433		311,238
Long-term receivables	31,832		28,460
Miscellaneous investments(3)	405,498		262,609
Computer software costs, net(4)	182,650		177,136

Employee sales commissions(5)	124,610		122,011
Other(6)	156,578		142,712
	$	1,335,142	$	1,158,106


(1)			Cost to fulfill - Client represent payments made by the Company to enhance the service resources used by the Company to satisfy its performance obligation (see Note 7).
(2)			Costs to fulfill - Rental merchandise in-service represent personalized work apparel, linens and other rental items in service at customer locations (see Note 7).
(3)			Miscellaneous investments represent investments in 50% or less owned entities.
(4)			Computer software costs represent capitalized costs incurred to purchase or develop software for internal use, and are amortized over the estimated useful life of the software, generally a period of three to 10 years. The Company recorded non-cash asset write-downs within its FSS United States segment of approximately $26.1 million related to certain information technology assets during the fiscal year ended October 2, 2020, as a result of management decisions to discontinue use of these solutions and from non-renewal or expirations of contracts with specific vendors. These non-cash charges were recorded in "Cost of services provided (exclusive of depreciation and amortization)" on the Consolidated Statements of (Loss) Income for the fiscal year ended October 2, 2020.
(5)			Employee sales commissions represent commission payments made to employees related to new or retained business contracts (see Note 7).
(6)			Other consists primarily of noncurrent deferred tax assets, pension assets, deferred financing costs on certain revolving credit facilities and other noncurrent assets.

The Company's principal equity method investment is its 50% ownership interest in AIM Services Co., Ltd., a Japanese food and support services company (approximately $187.5 million and $182.9 million at October 1, 2021 and October 2, 2020, respectively). The Company's equity in undistributed earnings of AIM Services Co., Ltd. for fiscal 2021, fiscal 2020, and fiscal 2019 was approximately $16.7 million, $10.8 million and $24.9 million, respectively, and is recorded as a reduction of "Cost of services provided (exclusive of depreciation and amortization)" on the Consolidated Statements of (Loss) Income.

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. During fiscal 2021, the Company identified an observable price change related to an equity investment without a readily determinable fair value and recognized a non-cash gain of $137.9 million on the Consolidated Statements of (Loss) Income. The carrying amount of equity investments without readily determinable fair values as of October 1, 2021 and October 2, 2020 was $180.5 million and $42.5 million, respectively. During fiscal 2019, the Company recognized an impairment of $7.0 million in "Cost of services provided (exclusive of depreciation and amortization)" related to an equity investment.

Other Accrued Expenses and Liabilities

The following table presents details of "Accrued expenses and other current liabilities" in the Consolidated Balance Sheets (in thousands):


	October 1, 2021		October 2, 2020
Deferred income(1)(2)	$	340,587	$	291,680
Accrued client expenses(2)	127,086		44,419
Accrued taxes	58,410		53,146
Accrued insurance(3) and interest	167,323		174,048
Other	441,622		376,909
	$	1,135,028	$	940,202


(1)			Includes consideration received in advance from customers prior to the service being performed ($312.6 million and $263.8 million) or from vendors prior to the goods being consumed ($21.3 million and $27.9 million) in fiscal 2021 and fiscal 2020, respectively.
(2)			Increases in fiscal 2021 as COVID-19 lockdowns were lifted and operations began to re-open. See Note 7.
(3)			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 history.

Deferred Income Taxes and Other Noncurrent Liabilities

The following table presents details of "Deferred Income Taxes and Other Noncurrent Liabilities" as presented in the Consolidated Balance Sheets (in thousands):


	October 1, 2021		October 2, 2020
Deferred income taxes (see Note 10)	$	383,224	$	398,777
Deferred compensation	212,222		210,884
Pension-related liabilities	16,113		18,044
Interest rate swap agreements	65,012		116,882
Insurance reserves(1)	126,314		143,923
Other noncurrent liabilities(2)	276,129		210,565
	$	1,079,014	$	1,099,075


(1)			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.
(2)			Fiscal 2021 and 2020 include the payment deferral related to the employer portion of social security taxes as permitted under the Coronavirus Aid, Relief and Economic Security Act of $64.3 million and $80.8 million, respectively. Fiscal 2021 also includes the non-current portion of the Next Level contingent consideration of $65.4 million.

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 remains uncertain. The decline in operations from COVID-19 caused a deterioration in the Company's revenue, operating income (loss) and net (loss) income for the fiscal years ended October 1, 2021 and October 2, 2020. The Company's financial results began to improve during the second half of fiscal 2021 from operations re-opening as vaccines were distributed and lockdowns were lifted as well as from actions to reduce variable and fixed costs, including headcount reductions primarily taken during the second half of fiscal 2020. However, certain businesses continue to be impacted by COVID-19. The allowance for credit losses increased to $79.6 million as of October 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. In response, the Company continues to apply effective cost discipline to mitigate the negative impact of COVID-19 as well as take advantage of relief provisions, including the Coronavirus Aid, Relief and Economic Security Act ("CARES Act"), the Consolidated Appropriations Act of 2021 ("CAA") and other United States and foreign governmental programs (see below and Note 10).

The ongoing impact of COVID-19, including the emergence of COVID-19 variants, on the Company's longer-term operational and financial performance will depend on future developments, which are 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. Additional relief provisions were passed by the United States government, which extend and slightly expand the qualified wage caps on these credits through December 31, 2021. Based on these additional provisions, the tax credit is now equal to 70% of qualified wages paid to employees during a quarter, and the limit on qualified wages per employee has been increased to $10,000 of qualified wages per quarter. The Company qualifies for the tax credit under the CARES Act and expects to continue to receive additional tax credits under the additional relief provisions for qualified wages through December 31, 2021. During the fiscal year ended October 1, 2021 and October 2, 2020, the Company recorded $15.1 million and $18.7 million related to the CARES Employee Retention credit in “Cost of services provided (exclusive of depreciation and amortization)” on the Company’s Consolidated Statements of (Loss) Income. As of October 1, 2021, the Company has a $23.8 million receivable balance from the United States government related to the CARES Act, which is recorded in "Receivables" on the Company's Consolidated Balance Sheet.

The CARES Act also provided 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 payroll and related expenses" and 50% are recorded as liabilities within "Deferred Income Taxes and Other Noncurrent Liabilities" on the Company's Consolidated Balance Sheet as of October 1, 2021. Deferred amounts of approximately $80.8 million were recorded as a liability within "Deferred Income Taxes and Other Noncurrent Liabilities" on the Company's Consolidated Balance Sheet as of October 2, 2020.

Within the FSS International and Uniform segments, many foreign jurisdictions in which the Company operates are also providing companies various forms of relief from the COVID-19 pandemic, 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 while these programs remain through December 31, 2021. The Company recorded approximately $155.3 million and $128.1 million of labor related tax credits within "Cost of services provided (exclusive of depreciation and amortization)" on the Consolidated Statements of (Loss) Income during the fiscal years ended October 1, 2021 and October 2, 2020, respectively, of which approximately $17.9 million and $23.0 million, respectively, were recorded in the Uniform segment with the remaining balances recorded in the FSS International segment.

The Company accounts for these labor related tax credits as a reduction to the expense that they are 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. The Company believes these tax credits are not expected to be returned to the foreign jurisdictions.

Supplemental Cash Flow Information


	Fiscal Year Ended
(dollars in millions)	October 1, 2021		October 2, 2020		September 27, 2019
Interest paid	$	369.7	$	353.6	$	306.2
Income taxes (refunded) paid	(104.9)		40.2		139.3

Significant non-cash activities follow:

•During fiscal 2021, fiscal 2020 and fiscal 2019, the Company executed finance lease transactions. The present value of the future rental obligations was approximately $36.0 million, $29.3 million and $41.6 million for the respective periods, which is included in property and equipment and long-term borrowings.

•During fiscal 2021, fiscal 2020 and fiscal 2019, cashless settlements of the exercise price and related employee minimum tax withholding liabilities of share-based payment awards were approximately $24.5 million, $92.3 million and $34.3 million, respectively.

Acquisitions and Divestitures

12 Months Ended

Oct. 01, 2021

Business Combination and Asset Acquisition [Abstract]

Acquisitions and Divestitures

ACQUISITIONS AND DIVESTITURES:

Next Level Hospitality ("Next Level") Acquisition

On June 4, 2021, the Company completed the acquisition of Next Level Hospitality ("Next Level"), a premier provider of culinary and environmental services in the senior living industry, specializing in skilled nursing and rehabilitation facilities, pursuant to the Unit Purchase Agreement ("Next Level Purchase Agreement") dated as of April 28, 2021, by and among Aramark Healthcare Support Services, LLC, a wholly owned subsidiary of the Company, Aramark Services, Inc. ("ASI"), a wholly owned subsidiary of the Company, Next Level Hospitality Services, LLC, Next Level Stockholders and Seth Gribetz, in his capacity as Stockholder Representative. Upon completion of the acquisition, Next Level became a wholly owned subsidiary

of the Company and its results are included in the Company's FSS United States segment. The cash consideration paid for Next Level was $226.1 million. In addition, contingent consideration of $78.4 million was recorded as part of the acquisition, which the Company may be required to pay if Next Level achieves certain adjusted EBITDA levels during calendar year 2021 and 2022. The acquisition was financed utilizing cash and cash equivalents on hand.

Consideration

The Company has accounted for the Next Level acquisition as a business combination under the acquisition method of accounting. The Company has finalized its allocation of the purchase price for the transaction based upon the fair value of net assets acquired and liabilities assumed at the date of acquisition. For tax purposes, this acquisition is a taxable transaction.

Recognition and Measurement of Assets Acquired and Liabilities Assumed at Fair Value

The following tables summarize the assets and liabilities assigned as of the acquisition date (in thousands):


Current assets	$	18,088
Noncurrent assets	307,291
Total assets	$	325,379

Current liabilities	$	50,956
Noncurrent liabilities	48,323
Total liabilities	$	99,279

Intangible Assets

The following table identifies the Company’s allocation of purchase price to the intangible assets acquired by category:


	Estimated Fair Value (in millions)		Weighted-Average Estimated Useful Life (in years)
Customer relationship assets	$	133.0	15
Trade name	49.5		15
Total intangible assets	$	182.5

The fair value of the customer relationship assets was determined using the “multi-period excess earnings method” which considers the present value of net cash flows expected to be generated by the customer relationships, excluding any cash flows related to contributory assets. The fair value of the trade name acquired was determined using the “relief-from-royalty method” which considers the discounted estimated royalty payments that are expected to be avoided as a result of the trademarks being owned.

Goodwill

The Company recorded $123.6 million of goodwill in connection with its purchase price allocation relating to the Next Level acquisition, all of which was recognized in the FSS United States reporting segment. Goodwill is calculated as the excess of consideration transferred over the net assets recognized and represents future economic benefits arising from other assets acquired that could not be individually identified and separately recognized, such as assembled workforce. Factors that contributed to the Company's preliminary recognition of goodwill include the Company's intent to complement its existing healthcare business and expand its customer base. Goodwill related to the Next Level acquisition is expected to be deductible for income tax purposes.

Revenue and Earnings for Next Level

Included in the Company's Consolidated Statements of (Loss) Income for the fiscal year ended October 1, 2021 was revenue of approximately $108.9 million. Net loss in the Company's Consolidated Statements of (Loss) Income from Next Level was not material for fiscal 2021. The effects of the acquisition on proforma revenue and net income of the combined entity were not material.

Divestiture

On November 9, 2018, the Company completed the sale of its wholly-owned Healthcare Technologies ("HCT") business for $293.7 million in cash. The transaction resulted in a pretax gain of $156.3 million (tax effected gain of $139.2 million) in the Consolidated Statements of (Loss) Income for the fiscal year ended September 27, 2019.

Merger and Integration Costs

As a result of the Avendra and AmeriPride acquisitions occurring in fiscal year 2018, the Company incurred merger and integration costs of approximately $22.2 million, $28.9 million and $36.1 million during fiscal 2021, fiscal 2020 and fiscal 2019, respectively. The expenses mainly related to costs for transitional employees and integration related consulting costs and charges related to plant consolidations, mainly asset write-downs, the implementation of a new route accounting system and other expenses.

Other Acquisitions

During fiscal 2021, the Company paid net cash consideration of approximately $39.7 million for various acquisitions, excluding the purchase of Next Level. During fiscal 2020 and fiscal 2019, the Company paid net cash consideration of approximately $22.2 million and $44.9 million for various acquisitions, respectively. The revenue, net income, assets and liabilities of the acquisitions did not have a material impact on the Company's consolidated financial statements.

Severance

12 Months Ended

Oct. 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 of approximately $145.8 million during the fiscal year ended October 2, 2020, which were recorded in both “Cost of services provided (exclusive of depreciation and amortization” and “Selling and general corporate expenses” on the Consolidated Statements of (Loss) Income. The Company reversed approximately $16.3 million of unpaid obligations related to severance during fiscal 2021, which were recorded in both "Cost of services provided (exclusive of depreciation and amortization)" and "Selling and general corporate expenses" on the Consolidated Statements of (Loss) Income. The majority of these charges were paid in fiscal 2021, with the remaining balance expected to be paid out within the next fiscal year.

The following table summarizes the severance charges by segment recognized in the Consolidated Statements of (Loss) Income for the fiscal year ended October 2, 2020 (in millions):


FSS United States	$	51.8
FSS International	87.3
Uniform	4.9
Corporate	1.8
	$	145.8

During fiscal 2018, the Company commenced a new phase of strategic reinvestment and reorganization actions to streamline and improve efficiencies and effectiveness of its selling, general and administrative functions, which resulted in net severance charges of approximately $18.7 million during fiscal 2019. The Company completed this cost savings phase as of September 27, 2019. There are no remaining unpaid obligations as of October 1, 2021.

The following table summarizes the unpaid obligations for severance and related costs as of October 1, 2021, which are included in "Accrued payroll and related expenses" on the Consolidated Balance Sheets.


(in millions)	October 2, 2020		Net Expense Reduction(1)		Payments and Other		October 1, 2021
Fiscal 2018 Reorganization	$	2.5	$	—	$	(2.5)	$	—
Fiscal 2020 Reorganization	118.5		(16.3)		(77.6)		24.6
Total Reorganization	$	121.0	$	(16.3)	$	(80.1)	$	24.6


(1)			During fiscal 2021, several previously expected actions were reversed due to changes in facts, including the timing of client re-openings after COVID-19 restrictions began to lift.

During fiscal 2021, the Uniform segment approved action plans to streamline and improve the efficiency and effectiveness of the segment's general and administrative functions. Part of this action plan also included a series of facility consolidations and closures. As a result of these actions, severance charges of approximately $9.0 million were recorded within “Cost of services provided (exclusive of depreciation and amortization)” on the Consolidated Statements of (Loss) Income for the fiscal year ended October 1, 2021. The severance charges are expected to be paid out through fiscal 2022.

Goodwill And Other Intangible Assets

12 Months Ended

Oct. 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. The Company performs its assessment of goodwill at the reporting unit level. Within the FSS International segment, each country or region is evaluated separately since such operating units are relatively autonomous and separate goodwill balances have been recorded for each entity. The Company performs its annual impairment test as of the end of the fiscal month of August. If results of the qualitative assessment indicate a more likely than not determination or if a qualitative assessment is not performed, a quantitative test is performed by comparing the estimated fair value using discounted cash flow calculations of each reporting unit with its estimated net book value.

During the fourth quarter of fiscal 2021, the Company performed the annual impairment test for goodwill for each of the reporting units using a quantitative testing approach. The Company compared the estimated fair value using discounted cash flow calculations of each reporting unit with its book value. Based on the evaluation performed, the Company determined that the fair value of each of the reporting units significantly exceeded its respective carrying amount, and therefore, the Company determined that goodwill was not impaired.

During fiscal 2020, the Company identified a triggering event from the decline in its stock price resulting from COVID-19. As a result, the Company performed a quantitative impairment test and recognized a non-cash impairment charge of $198.6 million related to one reporting unit within the FSS International segment on the Consolidated Statements of (Loss) Income for the fiscal year ended October 2, 2020. For tax purposes, the impairment charge was not tax deductible. The impaired reporting unit has a remaining goodwill balance of $91.0 million as of October 1, 2021.

The determination of fair value for each reporting unit includes assumptions, which are considered Level 3 inputs, that are subject to risk and uncertainty. The discounted cash flow calculations are dependent on several subjective factors including the timing of future cash flows and the underlying margin projection assumptions, future growth rates and the discount rate. If assumptions or estimates in the fair value calculations change or if future cash flows or future growth rates vary from what was expected, including those assumptions relating to the duration and severity of COVID-19, this may impact the impairment analysis and could reduce the underlying cash flows used to estimate fair values and result in a decline in fair value that may trigger future impairment charges.

Changes in total goodwill during fiscal 2021 are as follows (in thousands):


Segment	October 2, 2020		Acquisitions		Translation		October 1, 2021
FSS United States	$	3,953,332	$	134,546	$	58	$	4,087,936
FSS International	426,118		—		8,347		434,465
Uniform	964,378		27		491		964,896
	$	5,343,828	$	134,573	$	8,896	$	5,487,297

Other intangible assets consist of (in thousands):


	October 1, 2021						October 2, 2020
	Gross Amount		Accumulated Amortization		Net Amount		Gross Amount		Accumulated Amortization		Net Amount
Customer relationship assets	$	2,106,423	$	(1,173,092)	$	933,331	$	2,195,700	$	(1,308,002)	$	887,698
Trade names	1,100,579		(5,288)		1,095,291		1,052,744		(7,805)		1,044,939
	$	3,207,002	$	(1,178,380)	$	2,028,622	$	3,248,444	$	(1,315,807)	$	1,932,637

During fiscal 2021, the Company acquired customer relationship assets and trade names with values of approximately $157.8 million and $52.5 million, respectively. During fiscal 2020, the Company acquired customer relationship assets with values of approximately $9.7 million. Customer relationship assets are being amortized principally on a straight-line basis over the expected period of benefit with a weighted average life of approximately 14 years. The Aramark, Avendra and a majority of the other trade names are indefinite lived intangible assets and are not amortized, but are evaluated for impairment at least annually or more frequently if events or changes in circumstances indicate that it is more likely than not that the asset is impaired. The Company utilized the "relief-from-royalty" method, which considers the discounted estimated royalty payments that are expected to be avoided as a result of the trade names being owned. The Company completed its annual trade name impairment test for fiscal 2021, which did not result in an impairment charge. Amortization of other intangible assets for fiscal 2021, fiscal 2020 and fiscal 2019 was approximately $116.5 million, $117.6 million and $117.0 million, respectively.

Based on the recorded balances at October 1, 2021, total estimated amortization of all acquisition-related intangible assets for fiscal years 2022 through 2026 are as follows (in thousands):


2022	$	95,729
2023	91,583
2024	91,166
2025	91,308
2026	87,606

Borrowings

12 Months Ended

Oct. 01, 2021

Debt Disclosure [Abstract]

Borrowings

BORROWINGS:

Long-term borrowings, net, are summarized in the following table (in thousands):


	October 1, 2021		October 2, 2020
Senior secured revolving credit facility, due April 2026	$	71,896	$	849,895
Senior secured term loan facility, due March 2025	1,660,382		1,659,194
Senior secured term loan facility, due April 2026	406,543		485,346
Senior secured term loan facility, due January 2027	833,643		888,540
Senior secured term loan facility, due April 2028	721,986		830,133
5.000% senior notes, due April 2025	594,719		593,381
3.125% senior notes, due April 2025(1)	374,668		377,960
6.375% senior notes, due May 2025	1,483,328		1,479,341
4.750% senior notes, due June 2026	—		495,426
5.000% senior notes, due February 2028	1,140,144		1,138,864
Receivables Facility, due June 2024	—		315,600
Finance leases	146,368		142,588
Other	18,590		22,155
	7,452,267		9,278,423
Less—current portion	(58,850)		(99,915)
	$	7,393,417	$	9,178,508


(1)			This is a Euro denominated borrowing. See the disclosure below in the Senior Notes section for further information.

As of October 1, 2021, there were approximately $869.5 million of outstanding foreign currency borrowings.

As of October 1, 2021, the Company had $71.9 million of borrowings under the revolving credit facility, no borrowings under the receivables facility, $532.6 million of cash and cash equivalents, approximately $1,091.6 million of availability under the senior secured revolving credit facility and $400.0 million of availability under the receivables facility. During fiscal 2021, the Company repaid $780.0 million of outstanding borrowings under the United States revolving credit facility, $500.0 million aggregate principal amount of 4.750% Senior Notes due 2026 (the "4.750% 2026 Notes") and $315.6 million of outstanding borrowings under the receivables facility utilizing cash and cash equivalents on hand. Additionally, during fiscal 2021, the Company made $244.2 million of net repayments on term loan borrowings.

Senior Secured Credit Agreement

Aramark Services, Inc. ("ASI"), an indirect wholly owned subsidiary of the Company, and certain of its subsidiaries entered into a credit agreement on March 28, 2017 (as supplemented or otherwise modified from time to time, the "Credit Agreement"), which replaced the existing Amended and Restated Credit Agreement, originally dated January 26, 2007, and last amended on March 28, 2014 (the "Previous Credit Agreement").

The Credit Agreement includes senior secured term loan facilities consisting of the following as of October 1, 2021:

•A United States dollar denominated term loan to ASI in the amount of $1,660.4 million, due 2025 ("U.S. Term B-3 Loans due 2025"), $833.6 million, due 2027 ("U.S. Term B-4 Loans due 2027") and $722.0 million due 2028 ("U.S. Term B-5 Loans due 2028");

•A yen denominated term loan to ASI in the amount of ¥9,087.8 million (approximately $81.8 million), due 2026 (the "Yen Term C-2 Loans due 2026");

•A Canadian dollar denominated term loan to Aramark Canada Ltd. in the amount of C$251.7 million (approximately $199.0 million), due 2026 (the "Canadian Term A-3 Loans due 2026"); and

•A euro denominated term loan to Aramark Investments Limited, a U.K. borrower, in an amount of €108.5 million (approximately $125.7 million), of which €32.3 million (approximately $37.4 million) is due in 2023 (the "Euro Term A-1 Loans due 2023") and the remainder of which is due 2026 (the "Euro Term A-2 Loans due 2026").

The Credit Agreement also includes a revolving credit facility available for loans in United States dollars, Canadian dollars, euros and pounds sterling to ASI and certain foreign borrowers with aggregate commitments of $1.2 billion. A portion of the revolving credit facility with commitments of $53.7 million has a final maturity date of October 1, 2023 and the remainder of the revolving credit facility has a final maturity date of April 6, 2026. As of October 1, 2021, there was approximately $1,091.6 million available for borrowing under the revolving credit facility. The Company's revolving credit facility includes a $250.0 million sublimit for letters of credit. The revolving credit facility may be drawn by ASI as well as by certain foreign subsidiaries of ASI. Each foreign borrower is subject to a sublimit of $150.0 million with respect to borrowings under the revolving credit facility. In addition to paying interest on outstanding principal under the senior secured credit facilities, the Company is required to pay a commitment fee to the lenders under the revolving credit facility in respect of the unutilized commitments thereunder. The revolving credit facility is subject to a commitment fee ranging from a rate of 0.15% to 0.30% per annum. The actual rate within the range is based on a Consolidated Leverage Ratio, as defined in the Credit Agreement.

The primary borrower under the senior secured credit facilities is ASI. In addition, certain subsidiaries of ASI are borrowers of the term loan facilities and/or the revolving credit facility. The Company is not a guarantor under the senior secured credit facilities and is not subject to the covenants or obligations under the Credit Agreement.

The applicable margin on the U.S. Term B-3 Loans due 2025 and the U.S. Term B-4 Loans due 2027 is 1.75% with respect to eurocurrency (LIBOR) borrowings, subject to a LIBOR floor of 0.00%, and 0.75% with respect to base-rate borrowings, subject to a minimum base rate of 0.00%. The applicable margin on the U.S. Term B-5 Loans due 2028 is 2.50% with respect to eurocurrency (LIBOR) borrowings, subject to a LIBOR floor of 0.00% and 1.50% with respect to base-rate borrowings, subject to a minimum base rate of 0.00%. The applicable margin spread for the Yen Term C-2 Loans due 2026, the Canadian Term A-3 Loans due 2026, the Euro Term A-1 Loans due 2023, the Euro Term A-2 Loans due 2026 and the senior secured revolving credit facility is 1.125% to 1.625% (as of October 1, 2021 - 1.625%) with respect to eurocurrency (LIBOR) borrowings, bankers’ acceptance ("BA") rate borrowings, Tokyo Interbank offer ("TIBOR") rate borrowings and letters of credit fees, subject to a floor of 0.00%, and 0.125% to 0.625% (as of October 1, 2021 - 0.625%) with respect to United States and Canadian base rate borrowings, subject to a floor of 0.00%, and 1.1576% to 1.6576% (as of October 1, 2021 - 1.6576%) with respect to Sterling Overnight Index Average ("SONIA") rate borrowings, subject to a floor of 0.00%. The actual spreads within all ranges referred to above are based on a Consolidated Leverage Ratio, as defined in the Credit Agreement.

Fiscal 2021 Refinancing Transactions

On April 6, 2021, the Company entered into Amendment No. 11 to the Credit Agreement. Amendment No. 11 provided for, among other things, the extension of the maturity date, in each case, applicable to a portion of the revolving credit facility (the "2018 Tranche Revolving Facility"), a portion of the Canadian dollar denominated term loan due October 2023 (the "Canadian Term A-2 Loans due 2023"), all of the Euro Term A-1 Loans due 2023, all of the Yen Term C-1 Loans due 2023 and all of the United States dollar denominated term loan due 2024 (the "U.S. Term B-2 Loans due 2024") and an increase of approximately $200.0 million in commitments available under the 2018 Tranche Revolving Facility, in each case, under the Credit Agreement through the establishment of Replacement Revolving Commitments (as defined in the Credit Agreement), New Revolving Commitments (as defined in the Credit Agreement), borrowings of Extended Term Loans (as defined in the Credit Agreement) and borrowings of Refinancing Term Loans (as defined in the Credit Agreement), as applicable, under the Credit Agreement comprised of (i) in the case of the portion of the 2018 Tranche Revolving Facility which was extended, new 2021 Tranche Revolving Commitments (the "New 2021 Tranche Revolving Commitments") in an amount equal to $1,153.1 million, terminating in April 2026, (ii) in the case of the portion of the Canadian Term A-2 Loans due 2023 which was extended, the new Canadian Term A-3 Loans due 2026 in an amount equal to C$276.9 million, due in April 2026, (iii) in the case of the portion of the Euro Term A-1 Loans due 2023 which was extended, the new Euro Term A-2 Loans due 2026 in an amount equal to €78.8 million, due in April 2026, (iv) in the case of the Yen Term C-1 Loans due 2023, the new Yen Term C-2 Loans due 2026 in an amount equal to ¥9,343.3 million, due in April 2026 and (v) in the case of the U.S. Term B-2 Loans due 2024, the new U.S. Term B-5 Loans due 2028 in an amount equal to $833.0 million, due in April 2028. The new Canadian Term A-3 Loans due 2026, Euro Term A-2 Loans due 2026, Yen Term C-2 Loans due 2026 and U.S. Term B-5 Loans due 2028 were funded in full on April 6, 2021 and were applied by the Company to refinance in part the Canadian Term A-2 Loans due 2023 and Euro Term A-1 Loans due 2023 and to refinance in full the Yen Term C-1 Loans due 2023 and U.S. Term B-2 Loans due 2024, in each case, previously outstanding under the Credit Agreement. As of April 6, 2021 and after giving effect to Amendment No. 11, $53.7 million of 2018 Tranche Revolving Commitments, €33.6 million of Euro Term A-1 Loans due 2023

and C$27.1 million of Canadian Term A-2 Loans due 2023 were outstanding under the Credit Agreement, as amended by Amendment No. 11, in each case due in October 2023 (which date is unchanged from the maturity date previously applicable to such loans and commitments, as applicable). The Canadian Term A-2 Loans due 2023 were repaid in full as of October 1, 2021.

The New 2021 Tranche Revolving Commitments are subject to substantially similar terms currently relating to guarantees, collateral, mandatory prepayments and covenants that are applicable to the Company’s existing 2018 Tranche Revolving Facility outstanding under the Credit Agreement. For the avoidance of doubt, the remaining 2018 Revolving Tranche Commitments shall be available only in United States dollars and shall bear interest and accrue unused fees at rates consistent with the 2021 Tranche Revolving Facility.

The Canadian Term A-3 Loans due 2026 are subject to substantially similar terms currently relating to guarantees, collateral, mandatory prepayments and covenants that are applicable to the Company’s Canadian Term A-2 Loans due 2023 under the Credit Agreement. Amortization payments in respect of the remaining Canadian Term A-2 Loans due 2023 have been reduced on a pro rate basis to reflect the partial refinancing thereof.

The Euro Term A-2 Loans due 2026 are subject to substantially similar terms currently relating to guarantees, collateral, mandatory prepayments and covenants that are applicable to the Company’s existing Euro Term A-1 Loans due 2023 outstanding under the Credit Agreement. Amortization payments in respect of the remaining Euro Term A-1 Loans have been reduced on a pro rata basis to reflect the partial refinancing thereof.

The Yen Term C-2 Loans due 2026 are subject to substantially similar terms currently relating to guarantees, collateral, mandatory prepayments and covenants that are applicable to the Company’s existing Yen Term C-1 Loans due 2023 outstanding under the Credit Agreement, except for the option to use TIBOR rate borrowings on or after January 31, 2022.

The U.S. Term B-5 Loans due 2028 are subject to substantially similar terms currently relating to guarantees, collateral, mandatory prepayments and covenants that are applicable to the Company’s existing U.S. Term B Loans outstanding under the Credit Agreement.

The Company capitalized third-party costs of approximately $16.8 million related to banker fees, rating agency fees and legal fees directly attributable to the refinancings in Amendment No. 11, of which $11.6 million are included in "Long-Term Borrowings" and $5.2 million are included in "Other Assets" on the Consolidated Balance Sheet as of October 1, 2021. Amounts paid for the capitalized third-party costs are included within "Other Financing activities" on the Consolidated Statements of Cash Flows for the fiscal year ended October 1, 2021. Additionally the Company recorded a $2.7 million non-cash loss for the write-off of unamortized deferred financing costs on the revolving credit facility and U.S. Term B-2 Loans due 2024 to "Interest and Other Financing Costs, net" in the Consolidated Statements of (Loss) Income for the fiscal year ended October 1, 2021.

Fiscal 2020 Refinancing Transactions

On January 15, 2020, ASI entered into Amendment No. 8 to the Credit Agreement. Amendment No. 8 provided for an incremental, senior secured credit facility under the Credit Agreement, the U.S. Term B-4 Loans due 2027, comprised of a United States dollar denominated term loan made to ASI in an amount equal to $900.0 million, due January 15, 2027. The U.S. Term B-4 Loans due 2027 were borrowed with an original issue discount of 0.125%.

The net proceeds from the U.S. Term B-4 Loans due 2027 were used to redeem the aggregate $900.0 million principal amount outstanding on ASI’s 5.125% Senior Notes due 2024 (the “2024 Notes”) at a redemption price of 102.563% of the aggregate principal amount and to pay accrued interest, certain fees and related expenses. The Company recorded $20.9 million of charges to "Interest and Other Financing Costs, net" in the Consolidated Statements of (Loss) Income for the fiscal year ended October 2, 2020, consisting of the payment of a $23.1 million call premium and a $2.2 million non-cash gain for the write-off of unamortized debt premium and unamortized deferred financing costs on the 2024 Notes. The Company capitalized third-party costs of approximately $6.6 million related to banker fees, rating agency fees and legal fees directly attributable to the U.S. Term B-4 Loans due 2027, which are included in "Long-Term Borrowings" on the Consolidated Balance Sheets. Amounts paid for the call premium and capitalized third-party costs are included within "Other financing activities" on the Consolidated Statements of Cash Flows for the fiscal year ended October 2, 2020.

The U.S. Term B-4 Loans due 2027 are subject to substantially similar terms relating to guarantees, collateral, mandatory prepayments and covenants that are applicable to the Company’s then existing U.S. Term B-2 Loans due 2024 and U.S. Term B-3 Loans due 2025, in each case, outstanding under the Credit Agreement as of October 2, 2020.

Fiscal 2019 Refinancing Transactions

On October 1, 2018, the Company extended the maturity dates of the then existing Revolving Credit Facility, Yen Term Loan due 2022, Canadian Term Loan due 2022, Canadian Term Loan due 2023 and Euro Term Loan due 2022 to October 1, 2023 and lowered the interest rates applicable to each such tranche of commitments or outstanding indebtedness, as applicable, as described above.

Incremental Facilities

The Credit Agreement provides that the Company has the right at any time to request one or more incremental term loan facilities or increases under existing term loan facilities and/or additional revolving credit facilities or increases under the existing revolving credit facility in an amount up to $1,400.0 million of incremental commitments in the aggregate plus an unlimited amount so long as the pro forma Consolidated Secured Debt to Covenant Adjusted EBITDA ratio (each as calculated in accordance with the Credit Agreement (the "Consolidated Secured Debt Ratio")) would not exceed 3.00 to 1.00, plus any amount of loans and commitments optionally prepaid and terminated under the senior secured credit facilities. The lenders under these facilities are not under any obligation to provide any such incremental facilities or commitments and any such addition of or increase in facilities or commitments will be subject to customary conditions precedent.

Prepayments and Amortization

The Credit Agreement requires the Company to prepay outstanding term loans, subject to certain exceptions, with:

•50% of ASI's annual excess cash flow (as defined in the Credit Agreement) with step-downs to 25% and 0% upon ASI's reaching certain Consolidated Secured Debt Ratio thresholds; provided, further, that such prepayment shall only be required to the extent excess cash flow for the applicable year exceeds $10.0 million;

•100% of the net cash proceeds of all non-ordinary course asset sales or other dispositions of property subject to certain exceptions and customary reinvestment rights; provided, further, that such prepayment shall only be required to the extent net cash proceeds exceeds $100.0 million; and

•100% of the net cash proceeds of any incurrence of debt, but excluding proceeds from certain debt permitted under the Credit Agreement.

The foregoing mandatory prepayments will be applied to the term loan facilities on a pro rata basis and will reduce the obligations to make scheduled amortization payments on a dollar for dollar basis as directed by the Company. The Company may voluntarily repay outstanding loans under the Credit Agreement any time without premium or penalty, other than (i) customary "breakage" costs with respect to LIBOR loans, and (ii) with respect to any voluntary prepayments of the U.S. Term B-5 Loans due 2028 in connection with any repricing transaction (as defined in the Credit Agreement) effected prior to October 6, 2021, a 1% prepayment premium. Prepaid term loans may not be reborrowed.

The Company made optional prepayments of approximately $194.1 million of outstanding United States dollar and Canadian dollar term loans during fiscal 2021, no optional prepayments during fiscal 2020 and optional prepayments of approximately $500.0 million of outstanding United States dollar term loans during fiscal 2019.

If a change of control as defined in the Credit Agreement occurs, this will cause an event of default under the Credit Agreement. Upon an event of default, the new senior secured credit facilities may be accelerated, in which case the Company would be required to repay all outstanding loans plus accrued and unpaid interest and all other amounts outstanding under the new senior secured credit facilities under the Credit Agreement.

The new Canadian Term A-3 Loans due 2026 require the payment of installments in quarterly principal amounts of C$3.5 million from June 30, 2021 through March 31, 2023, C$5.2 million from June 30, 2023 through March 31, 2024, C$6.9 million from June 30, 2024 through March 31, 2025, C$10.4 million from June 30, 2025 through March 31, 2026 and C$159.2 million at maturity.

The new Euro Term A-2 Loans due 2026 require the payment of installments in quarterly principal amounts of €1.0 million from June 30, 2021 through March 31, 2023, €1.5 million from June 30, 2023 through March 31, 2024, €2.0 million from June 30, 2024 through March 31, 2025, €3.0 million from June 30, 2025 through March 31, 2026 and €45.3 million at maturity.

The remaining Euro Term A-1 Loans due 2023 require the payment of installments in quarterly principal amounts of €0.7 million from June 30, 2021 through September 30, 2021, €1.0 million from December 31, 2021 through September 30, 2022, €1.5 million from December 31, 2022 through June 30, 2023 and €24.0 million at maturity.

The new Yen Term C-2 Loans due 2026 require the payment of installments in quarterly principal amounts of ¥116.8 million from June 30, 2021 through March 31, 2023, ¥175.2 million from June 30, 2023 through March 31, 2024, ¥233.6 million from June 30, 2024 through March 31, 2025, ¥350.4 million from June 30, 2025 through March 31, 2026 and ¥5,372.4 million at

maturity.

The U.S. Term B-5 Loans due 2028 require the payment of installments in a quarterly principal amount of $2.1 million from June 30, 2021 through March 31, 2028, and $774.7 million at maturity. All quarterly amortization installments with respect to the U.S. Term B-5 Loans due 2028 were repaid in full as of October 1, 2021.

Guarantees

All obligations under the Credit Agreement are unconditionally guaranteed by Aramark Intermediate HoldCo Corporation and, subject to certain exceptions, substantially all of ASI's existing and future wholly-owned domestic subsidiaries excluding certain immaterial subsidiaries, receivables facility subsidiaries, certain other customarily excluded subsidiaries and certain subsidiaries designated under the Credit Agreement as "unrestricted subsidiaries," referred to, collectively, as the United States Guarantors. All obligations under the Credit Agreement, and the guarantees of those obligations, are secured by (i) a pledge of 100% of the capital stock of ASI, (ii) pledges of 100% of the capital stock (or 65% of voting stock and 100% of non-voting stock, in the case of the stock of foreign subsidiaries) held by ASI, Aramark Intermediate HoldCo Corporation or any of the United States Guarantors and (iii) a security interest in, and mortgages on, substantially all tangible assets of Aramark Intermediate HoldCo Corporation, ASI or any of the United States Guarantors.

Certain Covenants

The Credit Agreement contains a number of covenants that, among other things, restrict, subject to certain exceptions, ASI's ability and the ability of its restricted subsidiaries to: incur additional indebtedness; issue preferred stock or provide guarantees; create liens on assets; engage in mergers or consolidations; sell assets; pay dividends, make distributions or repurchase its capital stock; make investments, loans or advances; repay or repurchase any subordinated debt, except as scheduled or at maturity; create restrictions on the payment of dividends or other amounts to ASI from its restricted subsidiaries; make certain acquisitions; engage in certain transactions with affiliates; amend material agreements governing ASI's subordinated debt (or any indebtedness that refinances its subordinated debt); and fundamentally change ASI's business. The Credit Agreement also contains certain customary affirmative covenants, such as financial and other reporting, and certain events of default. At October 1, 2021, ASI was in compliance with all of these covenants.

The Credit Agreement requires ASI to maintain a maximum Consolidated Secured Debt Ratio, defined as consolidated total indebtedness secured by a lien to Covenant Adjusted EBITDA, of 5.125x. Consolidated total indebtedness secured by a lien is defined in the Credit Agreement as total indebtedness consisting of debt for borrowed money, finance leases, debt in respect of sale-leaseback transactions, disqualified and preferred stock and advances under the receivables facility secured by a lien reduced by the amount of cash and cash equivalents in the consolidated balance sheet that is free and clear of any lien. Non-compliance with the maximum Consolidated Secured Debt Ratio could result in the requirement to immediately repay all amounts outstanding under the Credit Agreement, which, if ASI's lenders under the Credit Agreement (other than the lenders in respect of ASI’s U.S. Term B-3 Loans due 2025, U.S. Term B-4 Loans due 2027 and U.S. Term B-5 Loans due 2028 which lenders shall not benefit from the maximum Consolidated Secured Debt Ratio) failed to waive any such default, would also constitute a default under the indentures governing the senior notes.

On April 22, 2020, as a result of the impact of COVID-19 on the Company's business, ASI entered into Amendment No. 9 to the Credit Agreement. Amendment No. 9 provided for a covenant waiver period which suspended 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, subject to, among other things, ongoing compliance with a minimum liquidity condition of $400.0 million and restrictions on making certain restricted payments (including share repurchases) and investments in unrestricted subsidiaries, in each case, as set forth in Amendment No. 9. This exclusion was intended to prevent the effects of COVID-19 from impacting the covenant calculation. The covenant waiver period expired at the beginning of the fourth quarter of fiscal 2021. The Consolidated Secured Debt Ratio debt covenant is once again effective and the amendment adjusted period ended October 1, 2021 consists of results from the third quarter of fiscal 2019 through the first quarter of fiscal 2020 plus the fourth quarter of fiscal 2021, excluding the results of the second quarter of fiscal 2020 through the third quarter of fiscal 2021. The actual ratio at October 1, 2021 was 2.32x.

The Credit Agreement establishes an incurrence-based minimum Interest Coverage Ratio, defined as Covenant Adjusted EBITDA to consolidated interest expense, as a condition for ASI and its restricted subsidiaries to incur additional indebtedness and to make certain restricted payments. The minimum Interest Coverage Ratio is 2.00x for the term of the Credit Agreement. If ASI does not maintain this minimum Interest Coverage Ratio calculated on a pro forma basis for any such additional indebtedness or restricted payments, it could be prohibited from being able to incur additional indebtedness, other than the additional funding provided for under the Credit Agreement and pursuant to specified exceptions, and make certain restricted payments, other than pursuant to certain exceptions. The actual ratio was 2.60x for the fiscal year ended October 1, 2021.

A failure to pay any obligations under the Credit Agreement as they become due or any event causing amounts to become due prior to their stated maturity could result in a cross-default and potential acceleration of the Company’s other outstanding debt obligations, including the senior notes.

Senior Notes

4.750% Senior Notes due 2026

On June 2, 2021, the Company redeemed the aggregate $500.0 million principal amount outstanding on the 4.750% 2026 Notes at a redemption price of 102.375% of the aggregate principal amount together with accrued and unpaid interest. The Company recorded $16.0 million of charges to "Interest and Other Financing Costs, net" on the Consolidated Statements of (Loss) Income for the fiscal year ended October 1, 2021, consisting of the payment of a $11.9 million call premium and a $4.1 million non-cash loss for the write-off of unamortized deferred financing costs on the 4.750% 2026 Notes. The amount paid for the call premium is included within "Other financing activities" on the Consolidated Statements of Cash Flows for the fiscal year ended October 1, 2021.

6.375% Senior Notes due 2025

On April 27, 2020, ASI issued $1,500.0 million aggregate principal amount of 6.375% Senior Notes due May 1, 2025 (the "6.375% 2025 Notes"). ASI used the net proceeds from the 6.375% 2025 Notes for general corporate purposes. The Company capitalized third-party costs of approximately $22.3 million directly attributable to the 6.375% 2025 Notes, which are included in "Long-Term Borrowings" on the Consolidated Balance Sheets and within "Other financing activities" on the Consolidated Statements of Cash Flows for the fiscal year ended October 2, 2020.

The 6.375% 2025 Notes were issued pursuant to an indenture, dated as of April 27, 2020 (the "6.375% 2025 Notes Indenture"), entered into by and among ASI, the Company and certain other Aramark entities, as guarantors, and the U.S. Bank National Association, as trustee. The 6.375% 2025 Notes were issued at par.

The 6.375% 2025 Notes are senior unsecured obligations of ASI. The 6.375% 2025 Notes rank equal in right of payment to all of the Issuer's existing and future senior indebtedness and will rank senior in right of payment to the Issuer's future subordinated indebtedness. The 6.375% 2025 Notes are guaranteed on a senior, unsecured basis by the Company and substantially all of the domestic subsidiaries of ASI. The guarantees of the 6.375% 2025 Notes rank equal in right of payment to all of the senior obligations of such guarantor. The 6.375% 2025 Notes are effectively subordinated to all of ASI's existing and future secured indebtedness, to the extent of the value of the assets securing that indebtedness, and structurally subordinated to all of the liabilities of any of ASI's subsidiaries that do not guarantee the 6.375% 2025 Notes. Interest on the 6.375% 2025 Notes is payable on May 1 and November 1 of each year.

In the event of certain types of changes of control, the holders of the 6.375% 2025 Notes may require ASI to purchase for cash all or a portion of their 6.375% 2025 Notes at a purchase price equal to 101% of the principal amount of such 6.375% 2025 Notes, plus accrued and unpaid interest, if any, to, but not including, the purchase date. At any time prior to May 1, 2022, ASI has the option to redeem all or a part of the 6.375% 2025 Notes at a purchase price equal to 100% of the principal amount of such 6.375% 2025 Notes plus an applicable premium and accrued and unpaid interest, if any, to, but not including the date of redemption. In addition, prior to May 1, 2022, ASI has the option to redeem up to 40% of the aggregate principal amount of all 6.375% 2025 Notes at a purchase price equal to 106.375% of the principal amount of such 6.375% 2025 Notes plus accrued and unpaid interest, if any, to, but not including, the date of redemption, with the net cash proceeds of one or more equity offerings, provided that at least 50% of the sum of the aggregate principal amount of the 6.375% 2025 Notes originally issued remain outstanding immediately after the purchase and the redemption occurs within 90 days of the closing date of the equity offering.

The 6.375% 2025 Notes Indenture contains covenants limiting ASI's ability and the ability of its restricted subsidiaries to: incur additional indebtedness or issue certain preferred shares; pay dividends and make certain distributions, investments and other restricted payments; create certain liens; sell assets; enter into transactions with affiliates; limit the ability of restricted subsidiaries to make payments to ASI; enter into sale and leaseback transactions; merge, consolidate, sell or otherwise dispose of all or substantially all of ASI's and its restricted subsidiaries assets; and designate ASI's subsidiaries as unrestricted subsidiaries. The 6.375% 2025 Notes Indenture also provides for events of default which, if any of them occurs, would permit or require the principal of and accrued interest on the applicable series of 6.375% 2025 Notes to become or to be declared due and payable. Further, a failure to pay any obligations under the 6.375% 2025 Notes Indenture as they become due or any event causing amounts to become due prior to their stated maturity could result in a cross-default and potential acceleration of the Company’s other outstanding debt obligations, including the other senior notes and obligations under the Credit Agreement.

5.000% Senior Notes due 2028

On January 18, 2018, ASI issued $1,150.0 million aggregate principal amount of 5.000% Senior Notes due February 1, 2028 (the "2028 Notes"). The net proceeds from the 2028 Notes were used to finance the AmeriPride acquisition, to pay down certain

borrowings under the revolving credit facility and to pay fees related to the transaction. The Company capitalized third-party costs of approximately $14.2 million directly attributable to the 2028 Notes, which are included in "Long-Term Borrowings" on the Consolidated Balance Sheets and are being amortized over the debt period.

The 2028 Notes were issued pursuant to an indenture, dated as of January 18, 2018 (the "2028 Notes Indenture"), entered into by and among ASI, the Company and certain other Aramark entities, as guarantors, and the U.S. Bank National Association, as trustee. The 2028 Notes were issued at par.

The 2028 Notes are senior unsecured obligations of ASI. The 2028 Notes rank equal in right of payment to all of the Issuer's existing and future senior indebtedness and will rank senior in right of payment to the Issuer's future subordinated indebtedness. The 2028 Notes are guaranteed on a senior, unsecured basis by the Company and substantially all of the domestic subsidiaries of ASI. The guarantees of the 2028 Notes rank equal in right of payment to all of the senior obligations of such guarantor. The 2028 Notes are effectively subordinated to all of ASI's existing and future secured indebtedness, to the extent of the value of the assets securing that indebtedness, and structurally subordinated to all of the liabilities of any of ASI's subsidiaries that do not guarantee the 2028 Notes. Interest on the 2028 Notes is payable on February 1 and August 1 of each year.

At any time prior to February 1, 2023, ASI has the option to redeem all or a part of the 2028 Notes at a purchase price equal to 100% of the principal amount of such 2028 Notes plus an applicable premium and accrued and unpaid interest, if any, to, but not including the date of redemption.

The 2028 Notes Indenture contains covenants limiting ASI's ability and the ability of its restricted subsidiaries to: incur additional indebtedness or issue certain preferred shares; pay dividends and make certain distributions, investments and other restricted payments; create certain liens; sell assets; enter into transactions with affiliates; limit the ability of restricted subsidiaries to make payments to ASI; enter into sale and leaseback transactions; merge, consolidate, sell or otherwise dispose of all or substantially all of ASI's and its restricted subsidiaries assets; and designate ASI's subsidiaries as unrestricted subsidiaries. The 2028 Notes Indenture also provides for events of default which, if any of them occurs, would permit or require the principal of and accrued interest on the applicable series of 2028 Notes to become or to be declared due and payable. Further, a failure to pay any obligations under the 2028 Notes Indenture as they become due or any event causing amounts to become due prior to their stated maturity could result in a cross-default and potential acceleration of the Company’s other outstanding debt obligations, including the other senior notes and obligations under the Credit Agreement.

5.000% Senior Notes due 2025 and 3.125% Senior Notes due 2025

On March 22, 2017, ASI issued $600.0 million of 5.000% Senior Notes due April 1, 2025 (the "5.000% 2025 Notes"). The 5.000% 2025 Notes were issued pursuant to an indenture (the "5.000% 2025 Notes Indenture"), entered into by and among ASI, the Company and certain other Aramark entities, as guarantors, and The Bank of New York Mellon, as trustee. The 5.000% 2025 Notes were issued at par. On March 27, 2017, Aramark International Finance S.à.r.l. ("AIFS"), an indirect wholly owned subsidiary of the Company, issued €325.0 million of 3.125% Senior Notes due April 1, 2025 (the "3.125% 2025 Notes" and, together with the 5.000% 2025 Notes, the "2025 Notes"). The 3.125% 2025 Notes were issued pursuant to an indenture (the "3.125% 2025 Notes Indenture"), entered into by and among AIFS, the Company and certain other Aramark entities, as guarantors, The Bank of New York Mellon, as trustee and registrar, and The Bank of New York Mellon, London Branch, as paying agent and transfer agent. The 3.125% 2025 Notes were issued at par.

The 2025 Notes are senior unsecured obligations of the respective Issuers. Each series of the 2025 Notes ranks equal in right of payment to all of the respective Issuer's existing and future senior indebtedness, including the senior secured credit facilities under the Credit Agreement, and, in the case of the 5.000% 2025 Notes with respect to ASI and will rank senior in right of payment to the respective Issuer's future subordinated indebtedness. The 2025 Notes are guaranteed on a senior, unsecured basis by the Company and substantially all of the domestic subsidiaries of ASI and the 3.125% 2025 Notes are guaranteed on a senior, unsecured basis by ASI. The guarantees of the 2025 Notes rank equal in right of payment to all of the senior obligations of such guarantor, including guarantees of the senior secured credit facilities and the 2028 Notes, as applicable, and in the case of the 3.125% 2025 Notes with respect to ASI, ASI’s obligations under the senior secured credit facilities, the 5.000% 2025 Notes and the 2028 Notes. Each series of the 2025 Notes and the related guarantees thereof are effectively subordinated to all of the respective Issuers' existing and future secured indebtedness, including obligations and/or guarantees of the senior secured credit facilities under the Credit Agreement, to the extent of the value of the assets securing that indebtedness, and structurally subordinated to all of the liabilities of any of ASI's subsidiaries that do not guarantee the 2025 Notes. Interest on the 2025 Notes is payable on April 1 and October 1 of each year.

In the event of certain types of changes of control, the holders of the 2025 Notes may require the applicable Issuer to purchase for cash all or a portion of their 2025 Notes at a purchase price equal to 101% of the principal amount of such 2025 Notes, plus accrued and unpaid interest, if any, to, but not including, the purchase date. ASI has the option to redeem all or a portion of the 5.000% 2025 Notes at any time at the redemption prices set forth in the 5.000% 2025 Notes Indenture, plus accrued and unpaid

interest. Beginning April 1, 2020, AIFS has the option to redeem all or a portion of the 3.125% 2025 Notes at any time at the redemption prices set forth in the 3.125% 2025 Notes Indenture, plus accrued and unpaid interest.

The 5.000% 2025 Notes Indenture and the 3.125% 2025 Notes Indenture contain covenants limiting ASI's ability and the ability of its restricted subsidiaries to: incur additional indebtedness or issue certain preferred shares; pay dividends and make certain distributions, investments and other restricted payments; create certain liens; sell assets; enter into transactions with affiliates; limit the ability of restricted subsidiaries to make payments to ASI; enter into sale and leaseback transactions; merge, consolidate, sell or otherwise dispose of all or substantially all of ASI's and its restricted subsidiaries assets; and designate ASI's subsidiaries as unrestricted subsidiaries. The 5.000% 2025 Notes Indenture and the 3.125% 2025 Notes Indenture also provide for events of default which, if any of them occurs, would permit or require the principal of and accrued interest on the applicable series of 2025 Notes to become or to be declared due and payable. Further, a failure to pay any obligations under the 5.000% 2025 Notes Indenture or the 3.125% 2025 Notes Indenture as they become due or any event causing amounts to become due prior to their stated maturity could result in a cross-default and potential acceleration of the Company’s other outstanding debt obligations, including the other senior notes and obligations under the Credit Agreement.

Receivables Facility

The Company has an agreement (the "Receivables Facility") with three financial institutions where it sells on a continuous basis an undivided interest in all eligible trade accounts receivable, as defined in the Receivables Facility. The maximum amount available under the Receivables Facility is $400.0 million. In addition, the Receivables Facility includes a seasonal tranche which increases the capacity of the Receivables Facility and maximum amount available by $100.0 million from October through March. During the third quarter of fiscal 2021, the Company extended the scheduled maturity date of the Receivables Facility from June 2022 to June 2024. All other terms and conditions of the agreement remained largely unchanged. Amounts borrowed under the Receivables Facility fluctuate monthly based on the Company's funding requirements and the level of qualified receivables available to collateralize the Receivables Facility.

Pursuant to the Receivables Facility, the Company formed ARAMARK Receivables, LLC, a wholly-owned, consolidated, bankruptcy-remote subsidiary. ARAMARK Receivables, LLC was formed for the sole purpose of buying and selling receivables generated by certain subsidiaries of the Company. Under the Receivables Facility, the Company and certain of its subsidiaries transfer without recourse all of their accounts receivable to ARAMARK Receivables, LLC. As collections reduce previously transferred interests, interests in new, eligible receivables are transferred to ARAMARK Receivables, LLC, subject to meeting certain conditions.

As of October 1, 2021, there are no outstanding borrowings under the Receivables Facility. As of October 2, 2020, there were $315.6 million borrowings outstanding on the Receivables Facility.

Future Maturities and Interest and Other Financing Costs, net

At October 1, 2021, annual maturities on long-term borrowings maturing in the next five fiscal years and thereafter (excluding the $53.5 million reduction to long-term borrowings from debt issuance costs and $0.8 million reduction from the discount on the U.S. Term B-4 Loans due 2027) are as follows (in thousands):


2022	$	60,294
2023	79,755
2024	47,174
2025	4,219,793
2026	343,619
Thereafter	2,769,524

The components of interest and other financing costs, net, are summarized as follows (in thousands):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
Interest expense	$	413,713	$	389,434	$	352,812
Interest income	(15,250)		(14,990)		(28,985)
Other financing costs	2,903		8,356		11,160
Total	$	401,366	$	382,800	$	334,987

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1E
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

+ Details

Derivative Instruments

12 Months Ended

Oct. 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 $3.1 billion notional amount of outstanding interest rate swap agreements as of October 1, 2021, which fix the rate on a like amount of variable rate borrowings through December of fiscal 2028. During fiscal 2021, the Company entered into approximately $500.0 million notional amount of forward starting interest rate swap agreements to hedge the cash flow risk of variability in interest payments on variable rate borrowings. In addition, interest rate swaps with notional amounts of $250.0 million matured during fiscal 2021.

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 October 1, 2021 and October 2, 2020, approximately ($49.2) 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):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
Interest rate swap agreements(1)	$	1,228	$	(110,817)	$	(84,392)


(1)			Fiscal 2020 was impacted by changes in interest rates due to actions taken by the federal government in response to COVID-19.

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 October 1, 2021, the Company has contracts for approximately 6.0 million gallons outstanding through June 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 $4.4 million for fiscal 2021 and losses of approximately $1.3 million and $4.1 million for fiscal 2020, and fiscal 2019, respectively. The change in fair value for unsettled contracts is included in "Selling and general corporate expenses" on the 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 Consolidated Statements of (Loss) Income.

As of October 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 the short-term intercompany loans.

The following table summarizes the location and fair value, using Level 2 inputs (see Note 16 for a description of the fair value levels), of the Company's derivatives designated and not designated as hedging instruments in the Consolidated Balance Sheets (in thousands):


	Balance Sheet Location	October 1, 2021		October 2, 2020
ASSETS




Not designated as hedging instruments:
Gasoline and diesel fuel agreements	Prepayments and other current assets	$	2,551	$	—



LIABILITIES
Designated as hedging instruments:
Interest rate swap agreements	Accounts payable	1,541		1,494
Interest rate swap agreements	Other Noncurrent Liabilities	65,011		116,882
		66,552		118,376

Not designated as hedging instruments:
Foreign currency forward exchange contracts	Accounts Payable	27		121
Gasoline and diesel fuel agreements	Accounts Payable	—		1,805
		$	66,579	$	120,302

The following table summarizes the location of loss (gain) reclassified from "Accumulated other comprehensive loss" into earnings for derivatives designated as hedging instruments and the location of loss (gain) for the Company's derivatives not designated as hedging instruments in the Consolidated Statements of (Loss) Income (in thousands):


		Fiscal Year Ended
	Income Statement Location	October 1, 2021		October 2, 2020		September 27, 2019
Designated as hedging instruments:
Interest rate swap agreements	Interest and Other Financing Costs, net	$	50,595	$	34,409	$	(6,484)



Not designated as hedging instruments:

Gasoline and diesel fuel agreements	Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses	(8,044)		5,768		6,168
Foreign currency forward exchange contracts	Interest and Other Financing Costs, net	(94)		185		145
		(8,138)		5,953		6,313
		$	42,457	$	40,362	$	(171)

The Company has an outstanding Japanese yen denominated term loan in the amount of ¥9,087.8 million. The term loan was designated as a hedge of the Company's net Japanese currency exposure represented by the equity investment in the Company's Japanese affiliate, AIM Services Co., Ltd. Additionally, the Company has a Euro denominated term loan in the amount of €108.5 million. The term loan was designated as a hedge of the Company's net Euro currency exposure represented by certain holdings in the Company's European affiliates.

At October 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 $32.8 million.

Revenue Recognition

12 Months Ended

Oct. 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 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 be entitled to 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):


	Fiscal Year Ended
	October 1, 2021(1)		October 2, 2020(1)		September 27, 2019
FSS United States:
Business & Industry	$	695.7	$	1,097.3	$	1,587.0
Education	2,124.4		2,416.4		3,228.8
Healthcare	891.2		824.6		933.5
Sports, Leisure & Corrections	1,511.3		1,535.8		2,557.5
Facilities & Other	1,586.7		1,492.6		1,591.8
Total FSS United States	6,809.3		7,366.7		9,898.6

FSS International:
Europe	1,347.5		1,473.5		2,044.4
Rest of World	1,518.7		1,472.3		1,698.5
Total FSS International	2,866.2		2,945.8		3,742.9

Uniform	2,420.5		2,517.1		2,585.8

Total Revenue	$	12,096.0	$	12,829.6	$	16,227.3


(1)			COVID-19 had a negative impact on revenue for both the fiscal year ended October 1, 2021 and October 2, 2020 (see Note 1).

Contract Balances

The Company defers sales commissions earned by its sales force that are considered to be incremental and recoverable costs of obtaining a contract tied to its food, facilities and uniform services. The deferred costs are amortized using the portfolio approach on a straight line basis over the average period of benefit, approximately 8.1 years, and are assessed for impairment on a periodic basis. Determination of the amortization period and the subsequent assessment for impairment of the contract cost asset requires judgment. Employee sales commissions are recorded within "Other Assets" on the Consolidated Balance Sheets (see Note 1).

Leasehold improvements and costs to fulfill contracts include payments made by the Company to enhance the service resources used by the Company to satisfy its performance obligation. These amounts are amortized on a straight-line basis over the contract period. If a contract is terminated prior to its maturity date, the Company is typically reimbursed for the unamortized

amount. As of October 1, 2021 and October 2, 2020, the Company had $771.5 million and $776.1 million of leasehold improvements capitalized in "Property and equipment, net" on the Consolidated Balance Sheets. Cost to fulfill - Client is recorded within "Other Assets" on the Consolidated Balance Sheets (see Note 1).

Long-term prepaid rent is amortized over the contract period. If a contract is terminated prior to its maturity date, the Company is typically reimbursed for the unamortized amount. Long-term prepaid rent is recorded within "Operating Lease Right-of use Assets" on the Consolidated Balance Sheets (see Notes 1 and 8).

Other costs to fulfill contracts represent personalized work apparel, linens and other rental items in service in the Uniform segment. The amounts are recorded at cost and are amortized over their estimated useful lives, which primarily range from one to four years. The amortization rates used are based on the Company's specific experience. Cost to fulfill - Rental merchandise in-service are recorded within "Other Assets" on the Consolidated Balance Sheets (see Note 1).

The following table summarizes the location of the expense recorded in the Consolidated Statements of (Loss) Income related to the Company's contract balances (in millions):


		Fiscal Year Ended
	Income Statement Location	October 1, 2021		October 2, 2020		September 27, 2019
Employee sales commissions	Cost of services provided (exclusive of depreciation and amortization)	$	23.9	$	21.8	$	20.0
Leasehold improvements	Depreciation and amortization	131.6		160.8		149.0
Cost to fulfill - Client	Depreciation and amortization	20.0		20.8		20.5
Long-term prepaid rent	Cost of services provided (exclusive of depreciation and amortization)	25.3		23.1		16.0
Cost to fulfill - Rental merchandise in-service	Cost of services provided (exclusive of depreciation and amortization)	274.5		325.7		318.2

Deferred income is recognized in "Accrued expenses and other current liabilities" on the 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 required contractually to be refunded to the customer.

During the fiscal year ended October 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 fiscal year ended October 1, 2021, the Company recognized $208.0 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):


	October 1, 2021		October 2, 2020
Deferred income(1)	$	319.3	$	263.8


(1)			Due to the impact of COVID-19, the Company refunded approximately $53.5 million of advanced payments for meal plans back to its clients during fiscal 2021.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

+ Details

Leases

12 Months Ended

Oct. 01, 2021

Leases [Abstract]

Leases

LEASES:

The Company has lease arrangements primarily related to real estate, vehicles and equipment, which generally have terms of one to 30 years. Finance leases primarily relate to vehicles and certain real estate. In addition, there can be leases identified in the Company's revenue contracts with customers, which generally include fixed or variable lease payments. The Company assesses whether an arrangement is a lease, or contains a lease, upon inception of the related contract. A right-of-use asset and corresponding lease liability are not recorded for leases with an initial term of 12 months or less ("short-term leases"). Certain of the Company's lease arrangements, primarily vehicle leases, with terms of one to 12 years, contain provisions related to residual value guarantees. The maximum potential liability to the Company under such arrangements was approximately $28.7 million at October 1, 2021 if the terminal fair value of vehicles coming off lease was zero. Consistent with past experience, management does not expect any significant payments will be required pursuant to these arrangements. No amounts have been accrued for guarantee arrangements at October 1, 2021.

As a result of adopting Accounting Standards Codification 842 ("ASC 842" or the "new lease standard") on September 28, 2019 (first day of fiscal 2020), the Company recognized operating lease liabilities and operating lease right-of-use assets on its Consolidated Balance Sheets. Operating lease right-of-use assets represent the Company’s right to use the underlying assets for

the lease term and operating lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease liabilities and operating lease right-of-use assets are recognized at the lease commencement date based on the estimated present value of the lease payments over the lease term. Deferred rent, tenant improvement allowances and prepaid rent are included in the operating lease right-of-use asset balances. Lease expense is recognized on a straight-line basis over the expected lease term. The Company has lease agreements with lease and non-lease components. Non-lease components are combined with the related lease components and accounted for as lease components for all classes of underlying assets.

As permitted under the transition guidance upon adoption of ASC 842, the Company elected the following practical expedients:

•the simplified approach to not recast comparative periods and to apply the new lease standard on a prospective basis beginning in the year of initial adoption;

•the package of practical expedients to not reassess the lease determination, lease classification or initial direct costs for leases commenced prior to adoption;

•the component election to not separate lease and non-lease components in all arrangements that contain a lease; and

•the short-term lease recognition exemption whereby lease-related assets and liabilities are not recognized for arrangements with initial lease terms of one year or less.

The Company did not elect the use of the hindsight expedient for determining the lease term.

Variable lease payments, which primarily consist of leases associated with the Company's revenue contracts with customers, real estate taxes, common area maintenance charges, insurance costs and other operating expenses, are not included in the operating lease right-of-use asset or operating lease liability balances and are recognized in the period in which the expenses are incurred. The Company's lease terms may include options to extend or terminate the lease when it is reasonably certain they will be exercised or not, respectively. Options to extend lease terms that are reasonably certain of exercise are recognized as part of the operating lease right-of-use asset and operating lease liability balances.

The Company is required to discount its future minimum lease payments using the interest rate implicit in the lease or, if that rate cannot be readily determined, its incremental borrowing rate. The Company uses its incremental borrowing rate as the discount rate. The Company uses a portfolio approach to determine the incremental borrowing rate based on the geographic location of the lease and the remaining lease term. The incremental borrowing rate is calculated using a base line rate plus an applicable margin.

The following table summarizes the location of the operating and finance leases in the Company’s Consolidated Balance Sheets (in thousands), as well as the weighted average remaining lease term and weighted average discount rate:


Leases	Balance Sheet Location	October 1, 2021			October 2, 2020
Assets:
Operating(1), (2)	Operating Lease Right-of-use Assets	$	587,854		$	551,394
Finance	Property and Equipment, net	138,368			134,080
Total lease assets		$	726,222		$	685,474
Liabilities:
Current
Operating(2)	Current operating lease liabilities	$	67,280		$	71,810
Finance	Current maturities of long-term borrowings	27,829			29,983
Noncurrent
Operating(2)	Noncurrent Operating Lease Liabilities	314,378			341,667
Finance	Long-term borrowings	118,539			112,605
Total lease liabilities		$	528,026		$	556,065

Weighted average remaining lease term (in years)
Operating leases		8.3			8.8
Finance leases		8.3			8.5
Weighted average discount rate
Operating leases		3.7		%	3.6		%
Finance leases		4.1		%	4.2		%


(1)			Includes $251.3 million and $193.6 million of long-term prepaid rent as of October 1, 2021 and as of October 2, 2020, respectively.
(2)			Fiscal 2020 includes the write-down of certain rental properties from disposal by abandonment and the write-off of certain right-of-use assets related to client contracts that were reassessed due to the impact of COVID-19 (see Note 1).

The following table summarizes the location of lease related costs in the Consolidated Statements of (Loss) Income (in thousands):


		Fiscal Year Ended
Lease Cost	Income Statement Location	October 1, 2021		October 2, 2020
Operating lease cost(1):
Fixed lease costs	Cost of services provided (exclusive of depreciation and amortization)	$	116,934	$	121,434
Variable lease costs(2)	Cost of services provided (exclusive of depreciation and amortization)	344,130		392,700
Short-term lease costs	Cost of services provided (exclusive of depreciation and amortization)	48,288		59,865
Finance lease cost(3):
Amortization of right-of-use-assets	Depreciation and amortization	31,243		30,542
Interest on lease liabilities	Interest and Other Financing Costs, net	4,794		5,319
Net lease cost		$	545,389	$	609,860


(1)			Excludes sublease income, which is immaterial.
(2)			Includes $325.3 million and $375.0 million of costs related to leases associated with revenue contracts with customers for fiscal 2021 and 2020, respectively. These costs represent the rent the Company pays its clients to operate at their locations, typically based on a percentage of sales. Variable lease costs during both fiscal 2021 and 2020 were impacted by COVID-19.
(3)			Excludes variable lease costs, which are immaterial.

Rental expense for all operating leases was $860.6 million for fiscal 2019.

Supplemental cash flow information related to leases for the period reported is as follows (in thousands):


	Fiscal Year Ended		Fiscal Year Ended
	October 1, 2021		October 2, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases(1)	$	189,061	$	144,792
Operating cash flows from finance leases	4,794		5,341
Financing cash flows from finance leases	32,496		34,674
Lease assets obtained in exchange for lease obligations:
Operating leases	$	61,345	$	90,533
Finance leases	36,046		29,317


(1)			For fiscal 2021, excludes cash paid for variable and short-term lease costs of $304.5 million and $48.3 million, respectively, that are not included within the measurement of lease liabilities. For fiscal 2020, excludes cash paid for variable and short-term lease costs of $414.0 million and $59.9 million, respectively, that are not included within the measurement of lease liabilities.

Future minimum lease payments under non-cancelable leases as of October 1, 2021 are as follows (in thousands):


	Operating leases		Finance leases		Total
2022	$	80,265	$	29,157	$	109,422
2023	67,927		24,750		92,677
2024	55,687		21,960		77,647
2025	45,422		18,946		64,368
2026	35,509		15,320		50,829
Thereafter	164,897		49,816		214,713
Total future minimum lease payments	$	449,707	$	159,949	$	609,656
Less: Interest	(68,049)		(13,581)		(81,630)
Present value of lease liabilities	$	381,658	$	146,368	$	528,026

Leases

LEASES:

As permitted under the transition guidance upon adoption of ASC 842, the Company elected the following practical expedients:

•the simplified approach to not recast comparative periods and to apply the new lease standard on a prospective basis beginning in the year of initial adoption;

•the package of practical expedients to not reassess the lease determination, lease classification or initial direct costs for leases commenced prior to adoption;

•the component election to not separate lease and non-lease components in all arrangements that contain a lease; and

•the short-term lease recognition exemption whereby lease-related assets and liabilities are not recognized for arrangements with initial lease terms of one year or less.

The Company did not elect the use of the hindsight expedient for determining the lease term.


Leases	Balance Sheet Location	October 1, 2021			October 2, 2020
Assets:
Operating(1), (2)	Operating Lease Right-of-use Assets	$	587,854		$	551,394
Finance	Property and Equipment, net	138,368			134,080
Total lease assets		$	726,222		$	685,474
Liabilities:
Current
Operating(2)	Current operating lease liabilities	$	67,280		$	71,810
Finance	Current maturities of long-term borrowings	27,829			29,983
Noncurrent
Operating(2)	Noncurrent Operating Lease Liabilities	314,378			341,667
Finance	Long-term borrowings	118,539			112,605
Total lease liabilities		$	528,026		$	556,065

Weighted average remaining lease term (in years)
Operating leases		8.3			8.8
Finance leases		8.3			8.5
Weighted average discount rate
Operating leases		3.7		%	3.6		%
Finance leases		4.1		%	4.2		%


(1)			Includes $251.3 million and $193.6 million of long-term prepaid rent as of October 1, 2021 and as of October 2, 2020, respectively.
(2)			Fiscal 2020 includes the write-down of certain rental properties from disposal by abandonment and the write-off of certain right-of-use assets related to client contracts that were reassessed due to the impact of COVID-19 (see Note 1).

The following table summarizes the location of lease related costs in the Consolidated Statements of (Loss) Income (in thousands):


		Fiscal Year Ended
Lease Cost	Income Statement Location	October 1, 2021		October 2, 2020
Operating lease cost(1):
Fixed lease costs	Cost of services provided (exclusive of depreciation and amortization)	$	116,934	$	121,434
Variable lease costs(2)	Cost of services provided (exclusive of depreciation and amortization)	344,130		392,700
Short-term lease costs	Cost of services provided (exclusive of depreciation and amortization)	48,288		59,865
Finance lease cost(3):
Amortization of right-of-use-assets	Depreciation and amortization	31,243		30,542
Interest on lease liabilities	Interest and Other Financing Costs, net	4,794		5,319
Net lease cost		$	545,389	$	609,860


(1)			Excludes sublease income, which is immaterial.
(2)			Includes $325.3 million and $375.0 million of costs related to leases associated with revenue contracts with customers for fiscal 2021 and 2020, respectively. These costs represent the rent the Company pays its clients to operate at their locations, typically based on a percentage of sales. Variable lease costs during both fiscal 2021 and 2020 were impacted by COVID-19.
(3)			Excludes variable lease costs, which are immaterial.

Rental expense for all operating leases was $860.6 million for fiscal 2019.

Supplemental cash flow information related to leases for the period reported is as follows (in thousands):


	Fiscal Year Ended		Fiscal Year Ended
	October 1, 2021		October 2, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases(1)	$	189,061	$	144,792
Operating cash flows from finance leases	4,794		5,341
Financing cash flows from finance leases	32,496		34,674
Lease assets obtained in exchange for lease obligations:
Operating leases	$	61,345	$	90,533
Finance leases	36,046		29,317


(1)			For fiscal 2021, excludes cash paid for variable and short-term lease costs of $304.5 million and $48.3 million, respectively, that are not included within the measurement of lease liabilities. For fiscal 2020, excludes cash paid for variable and short-term lease costs of $414.0 million and $59.9 million, respectively, that are not included within the measurement of lease liabilities.

Future minimum lease payments under non-cancelable leases as of October 1, 2021 are as follows (in thousands):


	Operating leases		Finance leases		Total
2022	$	80,265	$	29,157	$	109,422
2023	67,927		24,750		92,677
2024	55,687		21,960		77,647
2025	45,422		18,946		64,368
2026	35,509		15,320		50,829
Thereafter	164,897		49,816		214,713
Total future minimum lease payments	$	449,707	$	159,949	$	609,656
Less: Interest	(68,049)		(13,581)		(81,630)
Present value of lease liabilities	$	381,658	$	146,368	$	528,026

Employee Pension and Profit Sharing Plans

12 Months Ended

Oct. 01, 2021

Retirement Benefits [Abstract]

Employee Pension and Profit Sharing Plans

EMPLOYEE PENSION AND PROFIT SHARING PLANS:In the United States, the Company maintains qualified contributory and non-contributory defined contribution retirement plans for eligible employees, with Company contributions to the plans based on earnings performance or salary level. The Company also has a non-qualified retirement savings plan for certain employees. The total expense of the above plans for fiscal 2021, fiscal 2020 and fiscal 2019 was $28.1 million, $17.4 million and $41.5 million, respectively. The higher expense in fiscal 2019 was due to additional employer matching contributions as a result of cash tax savings from United States tax reform. The Company also maintains similar contributory and non-contributory defined contribution retirement plans at several of its international operations, primarily in Canada and the United Kingdom. The total expense of these international plans for fiscal 2021, fiscal 2020 and fiscal 2019 was $15.2 million, $13.7 million and $11.7 million, respectively.

The following table sets forth the components of net periodic pension cost for the Company's single-employer defined benefit pension plans for fiscal 2021, fiscal 2020 and fiscal 2019 (in thousands):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
Service cost	$	1,327	$	2,996	$	6,391
Interest cost	4,736		9,180		11,287
Expected return on plan assets	(14,003)		(18,883)		(22,970)
Settlements and curtailments(1)	61,706		—		283
Amortization of prior service cost	32		26		104
Recognized net loss	3,829		2,324		1,094
Net periodic pension expense (income)	$	57,627	$	(4,357)	$	(3,811)


(1)			During fiscal 2021, the Company terminated certain Canadian single-employer defined benefit pension plans and recognized a non-cash loss of $60.9 million on the Consolidated Statements of (Loss) Income.

The following table sets forth changes in the projected benefit obligation and the fair value of plan assets for these plans (in thousands):


Change in benefit obligation:	October 1, 2021		October 2, 2020
Benefit obligation, beginning	$	436,333	$	401,207
Foreign currency translation	20,853		6,067
Service cost	1,327		2,996
Interest cost	4,736		9,180
Employee contributions	110		853
Actuarial loss	(3,663)		32,769
Benefits paid	(15,335)		(16,739)
Settlements and curtailments	(223,411)		—

Benefit obligation, ending	$	220,950	$	436,333
Change in plan assets:
Fair value of plan assets, beginning	$	439,053	$	425,967
Foreign currency translation	20,698		5,980
Employer contributions	3,572		4,152
Employee contributions	110		853
Actual return on plan assets	16,957		18,840
Benefits paid	(15,335)		(16,739)
Settlements and curtailments	(226,042)		—

Fair value of plan assets, end	239,013		439,053
Funded Status at end of year	$	18,063	$	2,720

Amounts recognized in the Consolidated Balance Sheets consist of the following (in thousands):


	October 1, 2021		October 2, 2020
Noncurrent benefit asset (included in Other Assets)	$	32,522	$	16,617
Current benefit liability (included in Accrued expenses and other current liabilities)	(2,605)		—
Noncurrent benefit liability (included in Other Noncurrent Liabilities)	(11,854)		(13,897)
Net actuarial loss (included in Accumulated other comprehensive loss before taxes)	46,464		111,035

The following weighted average assumptions were used to determine pension expense of the respective fiscal years:


	October 1, 2021		October 2, 2020
Discount rate	2.5	%	2.5	%
Rate of compensation increase	0.8	%	1.9	%
Long-term rate of return on assets	3.3	%	4.3	%

The following weighted average assumptions were used to determine the funded status of the respective fiscal years:


	October 1, 2021		October 2, 2020
Discount rate	2.1	%	2.4	%
Rate of compensation increase	1.6	%	2.0	%

Assumptions, including discount rate, expected return on assets, compensation increases and health care trends, are adjusted annually, as necessary, based on prevailing market conditions and actual experience. The Company applies a spot-rate approach for the discount rate used in the calculation of pension interest and service cost. The spot-rate approach applies separate discount rates for each projected benefit payment in the calculation.

The accumulated benefit obligation as of October 1, 2021 was $220.2 million. During fiscal 2021, actuarial losses of approximately $6.5 million were recognized in other comprehensive income (before taxes) and $59.1 million of settlement losses and $3.7 million of actuarial losses were recognized as net periodic pension cost during such period.

The accumulated benefit obligation as of October 2, 2020 was $435.1 million. During fiscal 2020, settlement gains and actuarial losses of approximately $0.2 million and $33.1 million, respectively, were recognized in other comprehensive loss (before taxes) and $2.3 million of actuarial losses was recognized as net periodic pension cost during such period.

The following table sets forth information for the Company's single-employer pension plans with an accumulated benefit obligation in excess of plan assets as of October 1, 2021 and October 2, 2020 (in thousands):


	October 1, 2021		October 2, 2020
Projected benefit obligation(1)	$	28,656	$	153,338
Accumulated benefit obligation(1)	28,656		152,729


(1)			Decrease driven by the UK plans switching from liability positions in fiscal 2020 to asset positions in fiscal 2021.

Assets of the plans are generally invested with the goal of principal preservation and enhancement over the long-term. The primary goal is total return, consistent with prudent investment management. The Company's investment policies also require an appropriate level of diversification across the asset categories. As the Company contemplates or moves toward the wind down of plans, it may shift toward a more conservative investment approach with a higher proportion of fixed income and cash investments to ensure adequate liquidity at the time of wind down. The current overall capital structure and targeted ranges for asset classes are 30-45% invested in equity securities, 40-65% invested in debt securities and 5-15% in real estate investments and cash and cash equivalents. Performance of the plans is monitored on a regular basis and adjustments of the asset allocations are made when deemed necessary.

The weighted-average long-term rate of return on assets has been determined based on an estimated weighted-average of long-term returns of major asset classes, taking into account historical performance of plan assets, the current interest rate environment, plan demographics, acceptable risk levels and the estimated value of active asset management.

The fair value of plan assets for the Company's defined benefit pension plans as of October 1, 2021 and October 2, 2020 is as follows (see Note 16 for a description of the fair value levels) (in thousands):


	October 1, 2021		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3
Cash and cash equivalents	$	20,869	$	20,869	$	—	$	—
Equity securities:
Investment trusts	2,343		2,343		—		—
Investment funds:
Equity funds	87,832		—		87,832		—
Fixed income funds	115,157		—		115,157		—
Real estate	12,812		—		—		12,812
Total	$	239,013	$	23,212	$	202,989	$	12,812

	October 2, 2020		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3
Cash and cash equivalents	$	76,072	$	76,072	$	—	$	—
Equity securities:
Investment trusts	4,717		4,717		—		—
Investment funds:
Equity funds	74,852		—		74,852		—
Fixed income funds	272,349		—		272,349		—
Real estate	11,063		—		—		11,063
Total	$	439,053	$	80,789	$	347,201	$	11,063

The fair value of the investment funds is based on the value of the underlying assets, as reported to the Plan by the trustees. They are comprised of a portfolio of underlying securities that can be valued based on trading information on active markets.

Cash and cash equivalents include direct cash holdings, which are valued based on cost, and short-term deposits and investments in money market funds, for which fair value measurements are all based on quoted prices for similar assets or liabilities in markets that are active. Investments in equity securities and equity funds include publicly-traded domestic companies (approximately 38%) and international companies (approximately 62%) that are diversified across industry, country and stock market capitalization. Investments in fixed income funds primarily consist of international corporate bonds and government securities. For equity securities, the investments are predominantly valued using a market approach based on the closing fair market prices of identical instruments in the principal market on which they are traded. For investment funds, fair value is calculated by applying the Plan's percentage ownership in the fund to the total market value of the account's underlying securities and is therefore categorized as Level 2, as the Plan does not directly own shares in these underlying investments. Substantially all of the real estate investments are in international markets.

It is the Company's policy to fund at least the minimum required contributions as outlined in the required statutory actuarial valuation for each plan. The following table sets forth the benefits expected to be paid in the next five fiscal years and in aggregate for the five fiscal years thereafter by the Company's defined benefit pension plans (in thousands):


Fiscal 2022(1)	$	24,309
Fiscal 2023	7,210
Fiscal 2024	7,464
Fiscal 2025	7,825
Fiscal 2026	7,702
Fiscal 2027 – 2031	43,625


(1)			Increase driven by expected payout of legacy AmeriPride United States plan.

The estimated benefit payments above are based on assumptions about future events. Actual benefit payments may vary significantly from these estimates.

The expected contributions to be paid to the Company's defined benefit pension plans during fiscal 2022 are approximately $6.3 million.

Multiemployer Defined Benefit Pension Plans

The Company contributes to a number of multiemployer defined benefit pension plans under the terms of collective-bargaining agreements ("CBA") that cover its union-represented employees. The risks of participating in these multiemployer plans are different from single-employer plans in the following respects:

a.Assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers.

b.If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers.

c.If the Company chooses to stop participating in some of its multiemployer plans, the Company may be required to pay those plans an amount based on the underfunded status of the plan, referred to as a withdrawal liability.

The Company's participation in these plans for fiscal 2021 is outlined in the table below. The "EIN/Pension Plan Number" column provides the Employee Identification Number (EIN) and the three-digit plan number, if applicable. Unless otherwise noted, the most recent Pension Protection Act (PPA) zone status available in 2021 and 2020 is for the plans' two most recent fiscal year-ends. The zone status is based on information that the Company received from the plan and is certified by the plan's actuary. Among other factors, plans in the critical and declining zone are generally less than 65% funded and projected to become insolvent in the next 15 or 20 years depending on the ratio of active to inactive participants; plans in the critical zone are generally less than 65% funded; plans in the seriously endangered zone are less than 80% funded and are projected to have an accumulated deficiency in the current plan year or the next six plan years; plans in the endangered zone are less than 80% funded or are projected to have an accumulated funding deficiency in the current plan year or the next six plan years; and plans in the green zone are at least 80% funded. The "FIP/RP Status Pending/Implemented" column indicates plans for which a financial improvement plan (FIP) or a rehabilitation plan (RP) is either pending or has been implemented. The last column lists the expiration date(s) of the CBA(s) to which the plans are subject. There have been no significant changes that affect the comparability of fiscal 2021, fiscal 2020 and fiscal 2019 contributions.

Pension
Fund

EIN/Pension
Plan Number

Pension Protection
Act Zone Status

FIP/RP Status Pending/ Implemented

Contributions by the Company
(in thousands)

Range of Expiration Dates of CBAs

2021

2020

2021

2020

2019

Surcharge
Imposed

National Retirement Fund

13-6130178/ 001

Critical

Implemented

2,579

3,574

4,130

6/5/2020 - 4/5/2024

UNITE HERE Retirement Fund

82-0994119/ 001

Critical

Implemented

2,699

3,392

4,531

3/31/2020 - 12/31/2025

Local 1102 Retirement Trust

13-1847329/ 001

Seriously Endangered

Implemented

110

9/30/2021

Central States SE and SW Areas Pension Plan

36-6044243/ 001

Critical and Declining

Implemented

3,994

4,422

4,282

1/31/2007 - 4/7/2023

Pension Plan for Hospital & Health Care Employees Philadelphia & Vicinity

23-2627428/ 001

Critical

Implemented

354

325

361

1/31/2023

SEIU National Industry Pension Fund (1)

52-6148540/ 001

Critical

Implemented

750

685

623

4/14/2022 - 12/31/2023

LIUNA National Industrial Pension Fund

52-6074345/ 001

Green

Implemented

777

674

678

6/30/2021

Other funds

15,728

17,073

18,846

Total contributions

26,903

30,211

33,561

(1)

Over 75% of the Company's participants in this fund are covered by a single CBA that expires on 12/31/2023.

The Company provided more than 5 percent of the total contributions for the following plans and plan years:


Pension Fund						Contributions to the plan exceeded more than 5% of total contributions (as of the plan's year-end)
Local 1102 Retirement Trust						12/31/2019 and 12/31/2018
National Retirement Fund						12/31/2019 and 12/31/2018

At the date the Company's financial statements were issued, Forms 5500 were not available for the plan years ending in 2021.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section S99
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=21916913&loc=d3e273930-122802

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (o)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (p)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 70
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39689-114964

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (q)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (l)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

+ Details

Income Taxes

12 Months Ended

Oct. 01, 2021

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES:

The Company accounts for income taxes using the asset and liability method. Under this method, the (benefit) provision for income taxes represents income taxes payable or refundable for the current year plus the change in deferred taxes during the year. Deferred taxes result from differences between the financial and tax bases in assets and liabilities and are adjusted for changes in tax rates and enacted tax legislation. Valuation allowances are recorded to reduce deferred tax assets ("DTAs") when it is more likely than not that a tax benefit will not be realized.

The components of (Loss) Income Before Income Taxes by source of (loss) income are as follows (in thousands):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
United States	$	(147,735)	$	(291,436)	$	418,902
Non-United States	14,883		(356,283)		137,270
	$	(132,852)	$	(647,719)	$	556,172

The (Benefit) Provision for Income Taxes consists of (in thousands):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
Current:
Federal	$	(18,245)	$	(69,399)	$	8,781
State and local	(1,309)		(4,616)		19,966
Non-United States	22,155		21,779		38,456
	2,601		(52,236)		67,203
Deferred:
Federal	(15,364)		(79,054)		35,251
State and local	(11,652)		(19,627)		7,683
Non-United States	(16,218)		(35,367)		(2,431)
	(43,234)		(134,048)		40,503
	$	(40,633)	$	(186,284)	$	107,706

During fiscal 2021, the Current (Benefit) Provision for Income Taxes includes $16.7 million of tax expense related to an increase in unrecognized tax benefits, offset by a tax benefit of $13.8 million to the Deferred (Benefit) Provision for Income Taxes related to a corresponding decrease in deferred tax liabilities, resulting in a net tax expense to the (Benefit) Provision for Income Taxes of $2.9 million related to unrecognized tax benefits.

Current taxes receivable of $23.5 million and $123.6 million at October 1, 2021 and October 2, 2020, respectively, are included in "Prepayments and other current assets" on the Consolidated Balance Sheets. Current income taxes payable of $0.3 million and $3.1 million at October 1, 2021 and October 2, 2020, respectively, are included in "Accrued expenses and other current liabilities" on the Consolidated Balance Sheets. During fiscal 2021, the Company received approximately $93.6 million of proceeds related to the fiscal 2020 income tax return from the net operating losses ("NOLs") generated in fiscal 2020 as a result of the CARES Act.

The (Benefit) Provision for Income Taxes varies from the amount determined by applying the United States Federal statutory rate to (Loss) Income Before Income Taxes as a result of the following (all percentages are as a percentage of (Loss) Income Before Income Taxes):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
United States statutory income tax rate	21.0	%	21.0	%	21.0	%
Increase (decrease) in taxes, resulting from:
State income taxes, net of Federal tax benefit	7.7		3.0		4.2
Foreign taxes(1)	6.1		(0.5)		2.2
Foreign valuation allowances	(16.5)		(3.4)		—
Foreign goodwill impairment	—		(5.0)		—
Permanent book/tax differences	(0.4)		(0.7)		0.6
Uncertain tax positions	(2.2)		0.1		—

Foreign tax credit valuation allowance	(27.5)		—		(2.3)
Stock compensation	—		3.6		(0.2)
CARES Act - Carryback rate differential	37.9		9.8		—
Divestiture of HCT	—		—		(4.4)
Canada Defined Benefit Pension Plan Termination	3.0		—		—
Tax credits & other	1.5		0.9		(1.7)
Effective income tax rate	30.6	%	28.8	%	19.4	%


(1)			Includes differences between the United States statutory tax rate and tax rates in foreign jurisdictions, foreign withholding taxes, taxation of foreign earnings and the tax on "Global Intangible Low-Taxed Income" ("GILTI").

The effective tax rate is based on expected income, statutory tax rates and tax planning opportunities available to the Company in the various jurisdictions in which it operates. Judgment is required in determining the effective tax rate and in evaluating the tax return positions. Reserves are established when positions are "more likely than not" to be challenged and not sustained. Reserves are adjusted at each financial statement date to reflect the impact of audit settlements, expiration of statutes of limitation, developments in tax law and ongoing discussions with tax authorities. Accrued interest and penalties associated with uncertain tax positions are recognized as part of the income tax provision.

The Company considers existing evidence, both positive and negative, that could impact the need for valuation allowances against DTAs. Based on cumulative losses in fiscal 2021 as negative evidence, the Company recorded a valuation allowance against DTAs of certain foreign subsidiaries of approximately $22.0 million to the (Benefit) Provision for Income Taxes on the Consolidated Statements of (Loss) Income during fiscal 2021. The Company continues to monitor operating performance in light of COVID-19 and believes that based on future reversals of deferred tax liabilities ("DTLs") and future taxable income, it is more likely than not that the remaining NOL carryforwards and DTAs will be realized.

On March 27, 2020, the CARES Act was enacted in response to COVID-19. The CARES Act, among other things, permits 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.

During fiscal 2021, the Company recorded, as a result of the CARES Act, a net benefit to the (Benefit) Provision for Income Taxes of approximately $12.0 million, of which $50.3 million reflects the NOLs expected to be carried back to Pre-Tax Cuts and Jobs Act ("TCJA") years at 35.0% as opposed to the current year rate of 21.0%, which more than offsets the $36.5 million valuation allowance on DTAs related to foreign tax credit ("FTC") carryforwards and $1.8 million of tax benefits eliminated by the NOLs carried back. For the fiscal year ended October 1, 2021, the NOL carryback generated a $3.7 million current taxes receivable, along with $71.3 million of FTCs and $11.0 million of general business credits that will be used to offset future federal income tax liabilities. The Company will continue 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.

The Company recorded a net benefit to the (Benefit) Provision for Income Taxes of approximately $4.0 million during fiscal 2021 related to the release of certain stranded tax effects when the Company terminated certain Canadian pension plans (see Note 9).

During fiscal 2020, the Company recorded, as a result of the CARES Act, a net benefit to the (Benefit) Provision for Income Taxes of approximately $58.4 million, of which $63.4 million reflects the NOLs expected to be carried back to Pre-TCJA years at 35.0% as opposed to the current year rate of 21.0%. The Company also re-established certain reserves of approximately $5.0 million, which expired due to statutes but were re-opened due to the carryback period. The NOL carryback generated for the fiscal year ended October 2, 2020 a $62.1 million income tax receivable, along with $65.1 million of FTCs and $35.9 million of general business credits that will be used to offset future federal income tax liabilities.

During fiscal 2020, based on cumulative losses and the goodwill impairment recorded in the FSS International segment of $198.6 million (see Note 4) as negative evidence, the Company recorded a valuation allowance against DTAs of certain foreign subsidiaries of approximately $21.4 million. The goodwill impairment charge was nondeductible for income tax purposes.

The effective tax rate for the fiscal year ended October 2, 2020 also included an income tax benefit of approximately $46.2 million, as a result of an excess tax benefit recognized in relation to equity awards exercised during fiscal 2020, including by the former Chairman, President and Chief Executive Officer. This benefit reflects a federal tax rate of 35.0% due to the NOL being carried back to pre-TCJA tax years.

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 TCJA that provides that Qualified Improvement Property, 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 of October 1, 2021 and October 2, 2020, the components of Deferred Income Taxes are as follows (in thousands):


	October 1, 2021		October 2, 2020
Deferred tax liabilities:
Property and equipment	$	114,435	$	183,789
Investments	41,631		13,300
Other intangible assets, including goodwill	544,649		500,447
Cost to fulfill - Rental merchandise in-service	59,188		52,334
Operating Lease Right-of-use Assets	88,824		89,464
Other	26,186		45,589
Gross deferred tax liability	874,913		884,923
Deferred tax assets:
Derivatives	17,288		30,625
Insurance	18,758		23,784
Employee compensation and benefits	104,980		128,771
Accruals and allowances	32,457		31,218
Operating lease liabilities	97,505		102,259
NOL/credit carryforwards and other	364,751		261,763
Gross deferred tax asset, before valuation allowances	635,739		578,420
Valuation allowances	(97,472)		(38,977)
Net deferred tax liability	$	336,646	$	345,480

Rollforward of the valuation allowance is as follows:


	October 1, 2021		October 2, 2020
Balance, beginning of year	$	(38,977)	$	(17,532)
Additions(1)	(58,495)		(21,445)
Balance, end of year	$	(97,472)	$	(38,977)


(1)			The addition in fiscal 2021 is mainly driven by cumulative losses in certain foreign subsidiaries and valuation allowances against foreign tax credits, which are not expected to be utilized before their expiration dates. The addition in fiscal 2020 was mainly driven by cumulative losses in certain foreign subsidiaries.

DTLs of approximately $383.2 million and $398.8 million as of October 1, 2021 and October 2, 2020, respectively, are included in "Deferred Income Taxes and Other Noncurrent Liabilities" on the Consolidated Balance Sheets. DTAs of approximately $46.6 million and $53.3 million as of October 1, 2021 and October 2, 2020, respectively, are included in "Other Assets" on the Consolidated Balance Sheets.

As of October 1, 2021, certain subsidiaries have recorded DTAs of $122.2 million associated with accumulated federal, state and foreign NOL carryforwards. The Company believes it is more likely than not that the benefit from certain state and foreign NOL carryforwards will not be realized. As a result, the Company has a valuation allowance of approximately $60.9 million on the DTAs related to these state and foreign NOL carryforwards as of October 1, 2021. State NOL carryforwards generally begin to expire in 2024 and foreign NOL carryforwards generally have no expiration date.

As of October 1, 2021, the Company has approximately $223.4 million of FTC carryforwards, which begin to expire in 2026, along with approximately $12.7 million of general business credits, which begin to expire in 2035, and approximately $2.3 million of state interest restriction carryforwards, which do not expire. The Company has a valuation allowance of approximately $36.5 million on the DTAs related to FTC carryforwards as of October 1, 2021.

Undistributed earnings of certain foreign subsidiaries for which no DTL was recorded amounted to approximately $329.0 million and $251.1 million as of October 1, 2021 and October 2, 2020, respectively. The foreign withholding tax cost associated with remitting these earnings is approximately $19.8 million and $14.8 million as of October 1, 2021 and October 2, 2020, respectively. Such amounts have not been accrued by the Company as it believes those foreign earnings are permanently reinvested.

The Company has approximately $65.4 million of total gross unrecognized tax benefits as of October 1, 2021, of which $36.0 million, if recognized, would impact the effective tax rate and $29.4 million would result in an adjustment to the DTL.

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits follows (in thousands):


	October 1, 2021		October 2, 2020
Balance, beginning of year	$	34,578	$	36,272
Additions based on tax positions taken in the current year	355		1,257
Additions for tax positions taken in prior years(1)	32,589		—
Reductions for remeasurements, settlements and payments	(1,573)		(392)
Reductions due to statute expiration	(535)		(2,559)
Balance, end of year	$	65,414	$	34,578


(1)			Includes a $29.4 million reclass from deferred income tax liabilities for a position taken related to a divestiture in a prior year.

The Company has approximately $6.6 million and $4.6 million accrued for interest and penalties as of October 1, 2021 and October 2, 2020, respectively, in the Consolidated Balance Sheets and recorded $2.0 million and ($0.8) million in interest and penalties during fiscal 2021 and fiscal 2020, respectively in the Consolidated Statements of (Loss) Income. Interest and penalties related to unrecognized tax benefits are recorded in "(Benefit) Provision for Income Taxes" on the Consolidated Statements of (Loss) Income. The Company has approximately $12.9 million of general business credits that will reduce the gross unrecognized tax benefit.

Unrecognized tax benefits are not expected to significantly change within the next 12 months.

Generally, a number of years may elapse before a tax reporting year is audited and finally resolved. With few exceptions, the Company is no longer subject to United States federal, state or local examinations by tax authorities before 2015. While it is often difficult to predict the final outcome or the timing of or resolution of a particular tax matter, the Company does not anticipate any adjustments resulting from United States federal, state or foreign tax audits that would result in a material change to the financial condition or results of operations. Adequate amounts are established for any adjustments that may result from examinations for tax years after 2015. However, an unfavorable settlement of a particular issue would require use of the Company's cash and cash equivalents.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI http://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Stockholders' Equity

12 Months Ended

Oct. 01, 2021

Stockholders' Equity Note [Abstract]

Stockholders' Equity

STOCKHOLDERS' EQUITY:On August 6, 2019, the Company's Board of Directors (the "Board") authorized a new share repurchase program providing for purchases up to $200.0 million of Aramark common stock through July 2022. During fiscal 2020, the Company completed a repurchase of 0.3 million shares of its common stock for $6.5 million under this program. During fiscal 2019, the Company completed a repurchase of 1.6 million shares of its common stock for $50.0 million under the fiscal 2017 share repurchase program, which expired on February 1, 2019. Beginning with the fourth quarter of fiscal 2021, the Company is once again

permitted to make share repurchases as the covenant compliance waiver from Amendment No. 9 of the Credit Agreement is no longer in effect (see Note 5).

The following table presents the Company's cash dividend payments to its stockholders (in millions):


	October 1, 2021		October 2, 2020		September 27, 2019
Dividend payments	$	112.0	$	110.9	$	108.4

On November 15, 2021, a $0.11 dividend per share of common stock was declared, payable on December 7, 2021, to shareholders of record on the close of business on November 30, 2021.

The Company has 100.0 million shares of preferred stock authorized, with a par value of $0.01 per share. At October 1, 2021 and October 2, 2020, zero shares of preferred stock were issued or outstanding.

During fiscal 2020, MR BridgeStone Advisor LLC (“Mantle Ridge”), on behalf of itself and its affiliated funds (such funds, together with Mantle Ridge, collectively, the “Mantle Ridge Group”), transferred cash proceeds of $14.8 million to the Company to fulfill obligations deriving from the short-swing profit provisions of Section 16(b) of the Securities Exchange Act of 1934. These obligations related to the Mantle Ridge Group's trading activity in the Company's common stock. The cash proceeds were recorded to "Capital Surplus" on the Consolidated Balance Sheets as of October 2, 2020 and are reflected in "Other financing activities" on the Consolidated Statements of Cash Flows for the fiscal year ended October 2, 2020. The cash proceeds resulted in the Company recording an income tax provision of $4.1 million in the Consolidated Statements of (Loss) Income for the fiscal year ended of October 2, 2020.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI http://asc.fasb.org/topic&trid=2208762

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 16
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Share-Based Compensation

12 Months Ended

Oct. 01, 2021

Share-based Payment Arrangement [Abstract]

Share-Based Compensation

SHARE-BASED COMPENSATION:On November 12, 2013, the Board approved, and the stockholders of Aramark adopted by written consent, the Aramark 2013 Stock Incentive Plan (the "Old 2013 Stock Plan"), which became effective on December 1, 2013 and the amended and restated Old 2013 Stock Plan was approved by the Board on November 9, 2016 and approved by the stockholders of Aramark on February 1, 2017 (as amended, the "2013 Stock Plan"). The 2013 Stock Plan provides that the total number of shares of common stock that may be issued under the 2013 Stock Plan is 25.5 million. On January 29, 2020, the Company's stockholders approved the Second Amended and Restated 2013 Stock Incentive Plan, which amended and restated the 2013 Stock Plan. The Second Amended and Restated 2013 Stock Incentive Plan provides for up to 7.5 million of new shares authorized for issuance to participants, in addition to the shares that remained available for issuance under the 2013 Stock Plan as of January 29, 2020 that are not subject to outstanding awards under the 2013 Stock Plan. On February 2, 2021, the Company's stockholders approved the Third Amended and Restated 2013 Stock Incentive Plan, which amended and restated 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.

The following table summarizes the share-based compensation expense (reversal) and related information for Time-Based Options ("TBOs"), Retention Time-Based Options ("TBO-Rs"), Performance-Based Options ("PBOs"), Time-Based Restricted Stock Units ("RSUs"), Performance Stock Units ("PSUs"), Deferred Stock Units and Employee Stock Purchase Plan ("ESPP") classified as "Selling and general corporate expenses" on the Consolidated Statements of (Loss) Income (in millions).


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
TBOs(1)	$	15.1	$	10.8	$	14.7
TBO-Rs	4.6		0.3		—
RSUs(1)	46.0		35.1		28.9
PSUs (1)	—		(17.8)		9.9
Deferred Stock Units	1.9		1.9		1.8
ESPP	3.5		—		—
	$	71.1	$	30.3	$	55.3

Taxes related to share-based compensation	$	22.6	$	7.2	$	13.7
Cash Received from Option Exercises/ESPP Purchases	41.6		90.0		39.1
Tax Benefit on Share Deliveries (2)	3.8		46.2		4.8


(1)			Share-based compensation expense increased during fiscal 2021 due to the shortening of the vesting period on the annual grants issued in September 2020 from four years to three years, the addition of expense related to the ESPP which began on April 1, 2021 and the accelerated timing of the issuance of the fiscal 2021 annual grant. Share-based compensation expense was reduced during fiscal 2020 based on lower than estimated target attainment on plan metrics on each of the fiscal 2018, fiscal 2019 and fiscal 2020 PSU grants, resulting in the reversal of previously recognized share-based compensation expense of $29.8 million. Share-based compensation expense was reduced during fiscal 2019 based on lower than estimated target attainment on plan metrics for the fiscal 2018 PSU grants, resulting in the reversal of previously recognized share-based compensation expense of $6.6 million. The Company also reversed previously recognized share-based compensation expense based on the actual target for the 2017 PSU grants achieved as of the end of fiscal 2019 of $5.2 million.
(2)			The tax benefit on option exercises, restricted stock unit and ESPP unit deliveries is included in "Prepayments and Other Current Assets" on the Consolidated Statements of Cash Flows.

On September 3, 2020, the Board determined a payout level for the fiscal 2018 PSU grants covering a performance period of September 30, 2017 to October 2, 2020 by adjusting the calculation of the performance to moderate the impact of COVID-19 by measuring performance for the first two and a half years of the three year performance period, removing both the results and the portion of the targets attributable to the period when the Company's business was hardest hit by COVID-19. As a result, the Company recognized $3.9 million of additional expense in fiscal 2020 associated with approximately 0.1 million shares due to this modification.

No compensation expense was capitalized. Prior to the fourth quarter of fiscal 2020, the Company applied a forfeiture assumption of approximately 6.4% per annum in the calculation of such expenses. During the fourth quarter of fiscal 2020, the Company increased its estimated forfeiture assumption to 9.0% per annum based on actual forfeiture activity, which remained in effect throughout fiscal 2021.

The below table summarizes the unrecognized compensation expense as of October 1, 2021 related to non-vested awards and the weighted-average period they are expected to be recognized:


	Unrecognized Compensation Expense (in millions)		Weighted-Average Period (Years)
TBOs	$	22.7	1.94
TBO-Rs	17.8		3.51
RSUs	71.3		1.93
Total	$	111.8

Stock Options

Time-Based Options

The Company's annual TBO grants for fiscal 2021 were awarded early in September 2020 and will vest solely based upon continued employment over a three year time period. Fiscal 2020 and prior TBO grants vest solely based upon continued employment over a four year time period. All TBOs remain exercisable for 10 years from the date of grant.

The fair value of the TBOs granted was estimated using the Black-Scholes option pricing model. Prior to June of fiscal 2020, the expected volatility was based on a blended average of the historic volatility of the Company's and competitors' stock over the expected term of the stock options. Beginning in June of fiscal 2020, the expected volatility is based on the historic volatility of the Company's stock over the expected term of the stock options. The expected life represents the period of time that options granted are expected to be outstanding and is calculated using the simplified method as permitted under Securities and Exchange Commission ("SEC") rules and regulations due to the method providing a reasonable estimate in comparison to actual experience. The simplified method uses the midpoint between an option's vesting date and contractual term. The risk-free rate is based on the United States Treasury security with terms equal to the expected life of the option as of the grant date. Compensation expense for TBOs is recognized on a straight-line basis over the vesting period during which employees perform related services.

The table below presents the weighted average assumptions and related valuations for TBOs.


	Fiscal Year Ended
	October 1, 2021	October 2, 2020	September 27, 2019
Expected volatility	40%	30%	20%
Expected dividend yield	1.08% - 1.25%	1.01% - 2.09%	1.17% - 1.44%
Expected life (in years)	6.08	6.22	6.25
Risk-free interest rate	0.52% - 1.15%	0.40% - 1.74%	1.62% - 3.02%
Weighted-average grant-date fair value	$13.08	$9.07	$8.23

A summary of TBO activity is presented below:


Options	Shares (000s)	Weighted-Average Exercise Price		Aggregate Intrinsic Value ($000s)		Weighted-Average Remaining Term (Years)
Outstanding at October 2, 2020	8,719	$	32.45
Granted	162	$	37.32
Exercised	(1,092)	$	24.95
Forfeited and expired	(571)	$	38.02
Outstanding at October 1, 2021	7,218	$	33.25	$	31,032	7.0
Exercisable at October 1, 2021	3,800	$	32.47	$	17,553	5.8
Expected to vest at October 1, 2021	3,102	$	34.23	$	11,985	8.4


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
Total intrinsic value exercised (in millions)	$	14.5	$	114.6	$	26.8
Total fair value that vested (in millions)	16.0		9.9		16.3

Retention Time-Based Options

In September 2020, the Board granted special stock option awards for fiscal 2021 to its key business leaders. The option awards have exercise prices that are in all cases materially above the trading price of the Company's common stock as of the date of grant. The options are awarded in six tranches, with exercise prices that start at $35 and increase in $10 increments to an $85 exercise price. These awards will vest ratably on the third, fourth and fifth anniversaries of the grant date. The fair value of the TBO-Rs granted was estimated using the Black-Scholes option pricing model, following the same assumptions and methodology used to value the TBOs.

The table below presents the weighted average assumptions and related valuations for TBO-Rs.


			Fiscal Year Ended
			October 2, 2020
Expected volatility			38%
Expected dividend yield			1.55%
Expected life (in years)			7.00
Risk-free interest rate			0.50%
Weighted-average grant-date fair value			$3.93

A summary of TBO-R activity is presented below:


Options	Shares (000s)	Weighted-Average Exercise Price		Aggregate Intrinsic Value ($000s)		Weighted-Average Remaining Term (Years)
Outstanding at October 2, 2020	5,732	$	66.15
Granted	—	$	—
Exercised	—	$	—
Forfeited and expired	—	$	—
Outstanding at October 1, 2021	5,732	$	66.15	$	387	8.9

Expected to vest at October 1, 2021	4,697	$	66.15	$	318	8.9

Performance-Based Options

The Company no longer grants PBOs under the 2013 Stock Plan. All PBOs remain exercisable for 10 years from the date of grant.

A summary of PBO activity is presented below:


Options	Shares (000s)	Weighted-Average Exercise Price		Aggregate Intrinsic Value ($000s)		Weighted-Average Remaining Term (Years)
Outstanding at October 2, 2020	306	$	11.99
Granted	—	$	—
Exercised	(264)	$	11.82
Forfeited and expired	—	$	—
Outstanding at October 1, 2021	42	$	13.00	$	963	0.3
Exercisable at October 1, 2021	42	$	13.00	$	963	0.3

The total intrinsic value of PBOs exercised during fiscal 2021, fiscal 2020 and fiscal 2019 was $7.2 million, $34.9 million and $8.9 million, respectively.

Time-Based Restricted Stock Units

The Company's annual RSU grants for fiscal 2021 were awarded early in September 2020, 33% of which will vest and be settled in shares on each of the first three anniversaries of the date of grant, subject to the participant's continued employment with the Company through each such anniversary. For RSU grants awarded prior to September 2020, the RSU agreement provides that 25% of each grant will vest and be settled in shares on each of the first four anniversaries of the grant date, subject to the participant's continued employment with the Company through each such anniversary. The grant-date fair value of RSUs is based on the fair value of the Company's common stock. Participants holding RSUs will receive the benefit of any dividends

paid on shares in the form of additional RSUs. The unvested units are subject to forfeiture if employment is terminated other than due to death, disability or retirement and the units are nontransferable while subject to forfeiture.


Restricted Stock Units	Units (000s)	Weighted Average Grant-Date Fair Value
Outstanding at October 2, 2020	4,626	$	34.08
Granted	363	$	37.08
Vested	(1,699)	$	34.58
Forfeited	(276)	$	34.49
Outstanding at October 1, 2021	3,014	$	34.04

Performance Stock Units

Under the 2013 Stock Plan, the Company is authorized to grant PSUs to its employees. A participant is eligible to become vested in a number of PSUs equal to a percentage, higher or lower, of the target number of PSUs granted based on the level of the Company's achievement of the performance condition. During fiscal 2019, the Company granted PSUs subject to the level of achievement of adjusted earnings per share and return on invested capital for the cumulative performance period of three years and the participant's continued employment with the Company. During fiscal 2020, the Company granted PSUs subject to the level of achievement of adjusted revenue growth, adjusted operating income growth, return on invested capital and a total shareholder return multiplier for the cumulative performance period of three years and the participant's continued employment with the Company. The Company is accounting for the fiscal 2020 grant as a performance-based award, with a market condition, valued utilizing the Monte Carlo Simulation pricing model, which calculates multiple potential outcomes for an award and establishes fair value based on the most likely outcome. The grant-date fair value of the PSUs is based on the fair value of the Company's common stock. No share-based compensation expense was recorded during fiscal 2021 related to PSUs awards granted during fiscal 2019 and fiscal 2020 as the awards are not probable of achievement.


Performance Stock Units	Units (000s)	Weighted Average Grant-Date Fair Value
Outstanding at October 2, 2020	1,315	$	37.61
Granted	—	$	—
Vested	—	$	—
Forfeited	(263)	$	36.71
Outstanding at October 1, 2021	1,052	$	39.62

Deferred Stock Units

Deferred Stock Units are issued only to non-employee members of the Board and represent the right to receive shares of the Company's common stock in the future. Each deferred stock unit will be converted to one share of the Company's common stock either on the first day of the seventh month after which such director ceases to serve as a member of the Board or at the director's election upon vesting. The grant-date fair value of deferred stock units is based on the fair value of the Company's common stock. The deferred stock units vest on the day prior to the next annual meeting of stockholders (which is generally one year after grant). The Company granted 60,646 deferred stock units during fiscal 2021. In addition, directors may elect to defer their cash retainer into Deferred Stock Units which are fully vested upon issuance.

Employee Stock Purchase Plan

On February 2, 2021, the Company’s stockholders approved the Aramark 2021 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. Purchases under the ESPP are made in March, June, September, and December. The aggregate number of shares of common stock that may be issued under the ESPP may not exceed 12.5 million shares. The Company's first purchase window began on April 1, 2021. There were 0.5 million shares purchased under the ESPP during the fiscal year ended October 1, 2021.

Earnings (Loss) Per Share

12 Months Ended

Oct. 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):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
(Loss) Earnings:
Net (loss) income attributable to Aramark stockholders	$	(90,833)	$	(461,529)	$	448,549
Shares:
Basic weighted-average shares outstanding	254,748		251,828		246,854
Effect of dilutive securities(1)	—		—		5,156
Diluted weighted-average shares outstanding	254,748		251,828		252,010

Basic (Loss) Earnings Per Share:
Net (loss) income attributable to Aramark stockholders	$	(0.36)	$	(1.83)	$	1.82
Diluted (Loss) Earnings Per Share:
Net (loss) income attributable to Aramark stockholders	$	(0.36)	$	(1.83)	$	1.78


(1)			Incremental shares of 2.0 million and 2.3 million have been excluded from the computation of diluted weighted-average shares outstanding for the fiscal years ended October 1, 2021 and October 2, 2020, respectively, because the effect would have been antidilutive due to the net loss attributable to Aramark stockholders during both periods.

Share-based awards to purchase 8.8 million, 7.7 million and 5.2 million shares were outstanding at October 1, 2021, October 2, 2020 and September 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 0.6 million shares, 1.1 million shares and 1.3 million shares were outstanding at October 1, 2021, October 2, 2020 and September 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. PSUs related to 0.4 million shares did not vest due to performance targets that were not met.

Commitments And Contingencies	12 Months Ended
Commitments And Contingencies	Oct. 01, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES: The Company has capital and other purchase commitments of approximately $612.3 million at October 1, 2021, primarily in connection with commitments for capital projects to help finance improvements or renovations at the facilities in which the Company operates. At October 1, 2021, the Company also has letters of credit outstanding in the amount of $120.5 million. 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 matters disclosed 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 continues to simultaneously litigate the matter and attempt 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 October 1, 2021, the Company has accrued its best estimate of the probable loss associated with this contract, which is approximately $19.1 million. The Company continues to believe 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. There are no remaining obligations related to his separation from the Company. During fiscal 2019, the Company was a defendant in two class action lawsuits alleging breach of contract, promissory estoppel, unjust enrichment and various state law claims for failure to pay employee annual incentive bonuses related to the 2018 fiscal year. In November 2019, the Company settled the lawsuits with the plaintiffs for approximately $21.0 million, which includes payments to the class members, attorneys' fees and other expenses. Of the $21.0 million settlement charge, $12.0 million was expensed in "Cost of services provided (exclusive of depreciation and amortization)" and $9.0 million was expensed in "Selling and general corporate expenses" on the Consolidated Statements of (Loss) Income during fiscal 2019. The settlement charge was paid during the fourth quarter of fiscal 2020 and there is no remaining obligation related to this matter.

Business Segments

12 Months Ended

Oct. 01, 2021

Segment Reporting [Abstract]

Business Segments

BUSINESS SEGMENTS:

The Company reports 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 12). In the Company's food and support services segments, approximately 71% of the global revenue is related to food services and 29% is related to facilities services. COVID-19 had a negative impact on revenue, operating income (loss), capital expenditures and other identifiable assets for all segments in fiscal 2021 and fiscal 2020. The Company's financial results began to improve during the second half of fiscal 2021 as lockdowns were lifted and operations began to re-open as well as from actions to reduce variable and fixed costs, including headcount reductions primarily taken during the second half of fiscal 2020. During fiscal 2021, the Company identified an observable price change related to an equity investment without a readily determinable fair value and recognized a $137.9 million non-cash gain on the Consolidated Statements of (Loss) Income. The Company terminated certain Canadian defined benefit pension plans and recognized a $60.9 million non-cash loss on the Consolidated Statements of (Loss) Income during fiscal 2021. During fiscal 2021 and fiscal 2020, 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 Consolidated Statements of (Loss) Income. During fiscal 2020, the Company recognized a $198.6 million impairment charge related to one reporting unit in its FSS International segment (see Note 4). During fiscal 2020, each reportable segment recorded severance charges related to COVID-19 adding up to approximately $145.8 million (see Note 3). During fiscal 2020, the Company reversed $29.8 million of previously recognized share-based compensation expense based on lower than estimated target attainment on plan metrics on each of the fiscal 2018, fiscal 2019 and fiscal 2020 PSU grants (see Note 12). Financial information by segment follows (in millions):


	Revenue (1)
	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
FSS United States	$	6,809.3	$	7,366.7	$	9,898.6
FSS International	2,866.2		2,945.8		3,742.9
Uniform	2,420.5		2,517.1		2,585.8
	$	12,096.0	$	12,829.6	$	16,227.3


	Operating Income (Loss) (1)
	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
FSS United States	$	131.8	$	5.3	$	716.8
FSS International	58.2		(344.2)		142.7
Uniform	120.8		171.5		191.3
	310.8		(167.4)		1,050.8
Corporate	(119.4)		(97.5)		(159.6)
Operating Income (Loss)	191.4		(264.9)		891.2
Gain on Equity Investment	(137.9)		—		—
Loss on Defined Benefit Pension Plan Termination	60.9		—		—
Interest and Other Financing Costs, net	401.3		382.8		335.0
(Loss) Income Before Income Taxes	$	(132.9)	$	(647.7)	$	556.2


	Depreciation and Amortization
	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
FSS United States	$	347.4	$	379.2	$	381.6
FSS International	69.4		76.2		69.4
Uniform	133.3		137.2		138.7
Corporate	0.6		2.6		2.9
	$	550.7	$	595.2	$	592.6


	Capital Expenditures and Other
	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
FSS United States	$	261.8	$	310.0	$	375.9
FSS International	59.3		48.9		69.4
Uniform	90.3		58.8		61.0
Corporate	0.2		2.1		0.1
	$	411.6	$	419.8	$	506.4


	Identifiable Assets
	October 1, 2021		October 2, 2020
FSS United States	$	8,905.5	$	8,171.6
FSS International	2,028.2		1,963.2
Uniform	3,200.8		3,159.9
Corporate*	241.7		2,418.0
	$	14,376.2	$	15,712.7
* Fiscal 2020 includes cash on hand from borrowings.

The following geographic data include revenue generated by subsidiaries within that geographic area and net property & equipment based on physical location (in millions):


	Revenue(1)
	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
United States	$	8,947.8	$	9,560.9	$	12,070.0
Foreign	3,148.2		3,268.7		4,157.3
	$	12,096.0	$	12,829.6	$	16,227.3


	Property and Equipment, net
	October 1, 2021		October 2, 2020
United States	$	1,755.2	$	1,759.2
Foreign	283.2		291.7
	$	2,038.4	$	2,050.9


(1)			Revenue and operating income (loss) for all segments in fiscal 2021 and fiscal 2020 were negatively impacted by COVID-19.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Fair Value of Financial Assets and Financial Liabilities	12 Months Ended
	Oct. 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 The Company's financial instruments consist primarily of cash and cash equivalents, accounts receivable, accounts payable, borrowings and derivatives. Management believes that the carrying value of cash and cash equivalents, accounts receivable and accounts payable are representative of their respective fair values. In conjunction with the fair value measurement of the derivative instruments, the Company made an accounting policy election to measure the credit risk of its derivative instruments that are subject to master netting agreements on a net basis by counterparty portfolio, the gross values would not be materially different. The fair value of the Company's debt at October 1, 2021 and October 2, 2020 was $7,580.7 million and $9,260.0 million, respectively. The carrying value of the Company's debt at October 1, 2021 and October 2, 2020 was $7,452.3 million and $9,278.4 million, respectively. The fair values were computed using market quotes, if available, or based on discounted cash flows using market interest rates as of the end of the respective periods. The inputs utilized in estimating the fair value of the Company's debt has been classified as Level 2 in the fair value hierarchy levels. As part of the Next Level acquisition (see Note 2), the Company used a Monte Carlo simulation in an option pricing framework (an income approach) to value the contingent consideration liability. The inputs utilized in estimating the fair value of the contingent consideration have been classified as Level 3 in the fair value hierarchy levels and are subject to risk and uncertainty. The Monte Carlo simulation calculation is dependent on several subjective factors including future earnings, volatility, and the discount rate. If assumptions or estimates vary from what was expected, the fair value of the contingent consideration liability may materially change. The fair value of the contingent consideration liability at October 1, 2021 was $78.4 million.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Schedule II - Valuation and Qualifying Accounts and Reserves

12 Months Ended

Oct. 01, 2021

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule of Valuation and Qualifying Accounts Disclosure

Rollforward of the valuation allowance is as follows:


	October 1, 2021		October 2, 2020
Balance, beginning of year	$	(38,977)	$	(17,532)
Additions(1)	(58,495)		(21,445)
Balance, end of year	$	(97,472)	$	(38,977)


(1)			The addition in fiscal 2021 is mainly driven by cumulative losses in certain foreign subsidiaries and valuation allowances against foreign tax credits, which are not expected to be utilized before their expiration dates. The addition in fiscal 2020 was mainly driven by cumulative losses in certain foreign subsidiaries.

ARAMARK AND SUBSIDIARIES

SCHEDULE II -- VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

FOR THE FISCAL YEARS ENDED OCTOBER 1, 2021, OCTOBER 2, 2020 AND SEPTEMBER 27, 2019


			Additions		Reductions
	Balance, Beginning of Period		Charged to Income		Deductions from Reserves(1)		Balance, End of Period
Description
Fiscal Year 2021
Allowance for credit losses	$	74,925	$	13,544	$	8,825	$	79,644
Fiscal Year 2020
Allowance for credit losses	$	49,566	$	64,655	$	39,296	$	74,925
Fiscal Year 2019
Allowance for credit losses	$	52,682	$	21,821	$	24,937	$	49,566


(1)			Amounts determined not to be collectible and charged against the reserve and translation.

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Oct. 01, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	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, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure and other facilities. •Food and Support Services International ("FSS International") - Food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure and other facilities. •Uniform and Career Apparel ("Uniform") - Provides a full service employee uniform solution, including design, sourcing and manufacturing, delivery, cleaning and maintenance on a contract basis. Directly markets personalized uniforms and accessories, provides managed restroom services and rents uniforms, work clothing, outerwear, particulate-free garments and non-garment items and related services, including mats, shop towels and first aid supplies, to clients in a wide range of industries in the United States, Puerto Rico, Canada and through a joint venture in Japan, including the manufacturing, transportation, construction, restaurant and hotel, healthcare and pharmaceutical industries. The consolidated financial statements include the accounts of the Company and all of its subsidiaries in which a controlling financial interest is maintained in accordance with generally accepted accounting principles in the United States ("U.S. GAAP"). All significant intercompany transactions and accounts have been eliminated.
Fiscal Year	Fiscal Year The Company's fiscal year is the fifty-two or fifty-three week period which ends on the Friday nearest September 30th. The fiscal years ended October 1, 2021 and September 27, 2019 were each fifty-two week periods and the fiscal year ended October 2, 2020 was a fifty-three week period.
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 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 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 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 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 consolidated financial statements. In August 2018, the FASB issued an ASU which adds, modifies and removes several disclosure requirements related to defined benefit pension plans. The Company early adopted the guidance in the fourth quarter of fiscal 2021, which did not have a material impact on the 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 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 required 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 required 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 consolidated financial statements. Standards Not Yet Adopted (from most to least recent date of issuance) In October 2021, the FASB issued an ASU which requires that an entity (acquirer) recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Accounting Standards Codification 606, Revenue from Contracts with Customers ("ASC 606") as if it had originated the contracts. The guidance is effective for the Company in the first quarter of fiscal 2024 and early adoption is permitted. The Company is currently evaluating the impact of this standard. In January 2021, the FASB issued an ASU which clarifies certain optional expedients and exceptions for contract modifications and hedge accounting that may apply to derivatives that are affected by the discontinuance of LIBOR and the reference rate reform standard. The Company may adopt this guidance through December 2022 if the remaining amendment to the reference rate reform standard is adopted. The Company is currently evaluating the impact of this standard. 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 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 rate 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 adoption of this guidance will not have a material impact on the consolidated financial statements.
Revenue Recognition	Revenue Recognition The Company recognizes revenue when its performance obligation is satisfied upon the transfer of control of the promised product or service to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods and services. In each of the Company's operating segments, revenue is recognized over time in the period in which services are provided pursuant to the terms of the Company's contractual relationships with its clients. The Company generally records revenue on food and support services contracts (both profit and loss contracts and client interest contracts) on a gross basis as the Company is the primary obligor and service provider. See Note 7 for additional information on revenue recognition. Certain profit and loss contracts include payments to the client, typically calculated as a fixed or variable percentage of various categories of revenue and income. In some cases these contracts require minimum guaranteed payments that are contingent on certain future events. These expenses are currently recorded in "Cost of services provided (exclusive of depreciation and amortization)." Revenue from client interest contracts is generally comprised of amounts billed to clients for food, labor and other costs that the Company incurs, controls and pays for. Revenue from these contracts also includes any associated management fees, client subsidies or incentive fees based upon the Company's performance under the contract. Revenue from direct marketing activities is recognized at a point in time upon shipment. All revenue related taxes are presented on a net basis. The timing of revenue recognition may differ from the timing of invoicing to customers. The Company records an accounts receivable balance when revenue is recognized prior to or at the time of invoicing the customer. A majority of the Company’s receivables balances are based on contracts with customers. The Company estimates and reserves for its credit loss exposure based on historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount in estimating credit losses. Credit loss expense is classified within "Cost of services provided (exclusive of depreciation and amortization)." Vendor Consideration Consideration received from vendors includes rebates, allowances and volume discounts and are accounted for as an adjustment to the cost of the vendors' products or services and are reported as a reduction of "Cost of services provided (exclusive of depreciation and amortization)," "Inventory," or "Property and equipment, net." Income from rebates, allowances and volume discounts is recognized based on actual purchases in the fiscal period relative to total actual purchases to be made for the contractual rebate period agreed to with the vendor. Rebates, allowances and volume discounts related to “Inventory” held at the balance sheet date are deducted from the carrying value of these inventories. Rebates, allowances and volume discounts related to "Property and equipment, net" are deducted from the costs capitalized.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could materially differ from those estimates.
Comprehensive Income	Comprehensive Income (Loss)Comprehensive income (loss) includes all changes to stockholders' equity during a period, except those resulting from investments by and distributions to stockholders. Components of comprehensive income (loss) include net income (loss), 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 income (loss) (net of tax).
Currency Translation	Currency TranslationGains and losses resulting from the translation of financial statements of non-United States subsidiaries are reflected as a component of accumulated other comprehensive income (loss) in stockholders' equity. 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.
Current Assets	Current Assets The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. 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 October 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 October 1, 2021 and October 2, 2020, cash and cash equivalents at the Captive were $194.3 million and $92.1 million, respectively. Inventories are valued at the lower of cost (principally the first-in, first-out method) or net realizable value.
Property and Equipment	Property and EquipmentProperty and equipment are stated at cost and are depreciated over their estimated useful lives on a straight-line basis. Gains and losses on dispositions are included in operating results. Maintenance and repairs are charged to current operations and replacements and significant improvements that extend the useful life of the asset are capitalized. The estimated useful lives for the major categories of property and equipment are 10 to 40 years for buildings and improvements and three to 20 years for service equipment and fixtures.
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 The Company's financial instruments consist primarily of cash and cash equivalents, accounts receivable, accounts payable, borrowings and derivatives. Management believes that the carrying value of cash and cash equivalents, accounts receivable and accounts payable are representative of their respective fair values. In conjunction with the fair value measurement of the derivative instruments, the Company made an accounting policy election to measure the credit risk of its derivative instruments that are subject to master netting agreements on a net basis by counterparty portfolio, the gross values would not be materially different.

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Oct. 01, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Components of Comprehensive Income

The summary of the components of comprehensive income (loss) is as follows (in thousands):


	Fiscal Year Ended
	October 1, 2021				October 2, 2020				September 27, 2019
	Pre-Tax Amount	Tax Effect	After-Tax Amount		Pre-Tax Amount	Tax Effect	After-Tax Amount		Pre-Tax Amount	Tax Effect	After-Tax Amount
Net (loss) income			$	(92,219)			$	(461,435)			$	448,466
Pension plan adjustments	63,959	(15,391)	48,568		(33,831)	8,162	(25,669)		(29,137)	6,543	(22,594)
Foreign currency translation adjustments	7,383	1,542	8,925		(6,348)	(1,470)	(7,818)		(34,099)	(209)	(34,308)
Cash flow hedges:
Unrealized gains (losses) arising during the period	1,228	(319)	909		(110,817)	28,812	(82,005)		(84,392)	21,942	(62,450)
Reclassification adjustments	50,595	(13,155)	37,440		34,409	(8,946)	25,463		(6,484)	1,686	(4,798)
Share of equity investee's comprehensive income (loss)	3,405	—	3,405		(264)	—	(264)		(1,592)	—	(1,592)
Other comprehensive income (loss)	126,570	(27,323)	99,247		(116,851)	26,558	(90,293)		(155,704)	29,962	(125,742)
Comprehensive income (loss)			7,028				(551,728)				322,724
Less: Net (loss) income attributable to noncontrolling interest			(1,386)				94				(83)
Comprehensive income (loss) attributable to Aramark stockholders			$	8,414			$	(551,822)			$	322,807

Schedule of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss consists of the following (in thousands):


	October 1, 2021		October 2, 2020
Pension plan adjustments	$	(24,323)	$	(72,891)
Foreign currency translation adjustments	(127,012)		(135,937)
Cash flow hedges	(49,249)		(87,598)
Share of equity investee's accumulated other comprehensive loss	(7,427)		(10,832)
	$	(208,011)	$	(307,258)

Schedule of Components of Inventories

The components of inventories are as follows:


	October 1, 2021		October 2, 2020
Food(1)	48.7	%	42.7	%
Career apparel and linens(2)	46.0	%	52.2	%
Parts, supplies and novelties	5.3	%	5.1	%
	100.0	%	100.0	%


(1)			Food inventory increased during fiscal 2021 as the COVID-19 pandemic ("COVID-19") lockdowns were lifted and operations began to re-open.
(2)			Career apparel and linens inventory decreased during fiscal 2021 due to decreased production and distribution of PPE, which was elevated during fiscal 2020 in response to COVID-19.

Schedule of prepayments and other current assets

Prepayments and other current assets

The following table presents details of "Prepayments and other current assets" as presented in the Consolidated Balance Sheets (in thousands):


	October 1, 2021		October 2, 2020
Prepaid Insurance	$	12,566	$	13,396
Prepaid Taxes and Licenses	11,159		11,130
Current Income Tax Asset(1)	23,523		123,608
Other Prepaid Expenses	157,739		150,810
	$	204,987	$	298,944


(1)			Fiscal 2020 income tax receivable driven by the net loss position during fiscal 2020 from the impact of COVID-19. Income tax proceeds were received in fiscal 2021.

Schedule of Other Assets

Other Assets

The following table presents details of "Other Assets" as presented in the Consolidated Balance Sheets (in thousands):


	October 1, 2021		October 2, 2020
Cost to fulfill - Client(1)	$	109,541	$	113,940
Cost to fulfill - Rental merchandise in-service(2)	324,433		311,238
Long-term receivables	31,832		28,460
Miscellaneous investments(3)	405,498		262,609
Computer software costs, net(4)	182,650		177,136

Employee sales commissions(5)	124,610		122,011
Other(6)	156,578		142,712
	$	1,335,142	$	1,158,106


(1)			Cost to fulfill - Client represent payments made by the Company to enhance the service resources used by the Company to satisfy its performance obligation (see Note 7).
(2)			Costs to fulfill - Rental merchandise in-service represent personalized work apparel, linens and other rental items in service at customer locations (see Note 7).
(3)			Miscellaneous investments represent investments in 50% or less owned entities.
(4)			Computer software costs represent capitalized costs incurred to purchase or develop software for internal use, and are amortized over the estimated useful life of the software, generally a period of three to 10 years. The Company recorded non-cash asset write-downs within its FSS United States segment of approximately $26.1 million related to certain information technology assets during the fiscal year ended October 2, 2020, as a result of management decisions to discontinue use of these solutions and from non-renewal or expirations of contracts with specific vendors. These non-cash charges were recorded in "Cost of services provided (exclusive of depreciation and amortization)" on the Consolidated Statements of (Loss) Income for the fiscal year ended October 2, 2020.
(5)			Employee sales commissions represent commission payments made to employees related to new or retained business contracts (see Note 7).
(6)			Other consists primarily of noncurrent deferred tax assets, pension assets, deferred financing costs on certain revolving credit facilities and other noncurrent assets.

Schedule of Accrued Liabilities

Other Accrued Expenses and Liabilities

The following table presents details of "Accrued expenses and other current liabilities" in the Consolidated Balance Sheets (in thousands):


	October 1, 2021		October 2, 2020
Deferred income(1)(2)	$	340,587	$	291,680
Accrued client expenses(2)	127,086		44,419
Accrued taxes	58,410		53,146
Accrued insurance(3) and interest	167,323		174,048
Other	441,622		376,909
	$	1,135,028	$	940,202


(1)			Includes consideration received in advance from customers prior to the service being performed ($312.6 million and $263.8 million) or from vendors prior to the goods being consumed ($21.3 million and $27.9 million) in fiscal 2021 and fiscal 2020, respectively.
(2)			Increases in fiscal 2021 as COVID-19 lockdowns were lifted and operations began to re-open. See Note 7.
(3)			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 history.

Schedule of Deferred Income Taxes and Other Noncurrent Liabilities

Deferred Income Taxes and Other Noncurrent Liabilities

The following table presents details of "Deferred Income Taxes and Other Noncurrent Liabilities" as presented in the Consolidated Balance Sheets (in thousands):


	October 1, 2021		October 2, 2020
Deferred income taxes (see Note 10)	$	383,224	$	398,777
Deferred compensation	212,222		210,884
Pension-related liabilities	16,113		18,044
Interest rate swap agreements	65,012		116,882
Insurance reserves(1)	126,314		143,923
Other noncurrent liabilities(2)	276,129		210,565
	$	1,079,014	$	1,099,075


(1)			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.
(2)			Fiscal 2021 and 2020 include the payment deferral related to the employer portion of social security taxes as permitted under the Coronavirus Aid, Relief and Economic Security Act of $64.3 million and $80.8 million, respectively. Fiscal 2021 also includes the non-current portion of the Next Level contingent consideration of $65.4 million.

Schedule of Cash Flow, Supplemental Disclosures

Supplemental Cash Flow Information


	Fiscal Year Ended
(dollars in millions)	October 1, 2021		October 2, 2020		September 27, 2019
Interest paid	$	369.7	$	353.6	$	306.2
Income taxes (refunded) paid	(104.9)		40.2		139.3

Acquisitions and Divestitures (Tables)

12 Months Ended

Oct. 01, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following tables summarize the assets and liabilities assigned as of the acquisition date (in thousands):


Current assets	$	18,088
Noncurrent assets	307,291
Total assets	$	325,379

Current liabilities	$	50,956
Noncurrent liabilities	48,323
Total liabilities	$	99,279

Schedule of Indefinite-lived Intangible Assets Acquired as Part of Business Combination

The following table identifies the Company’s allocation of purchase price to the intangible assets acquired by category:


	Estimated Fair Value (in millions)		Weighted-Average Estimated Useful Life (in years)
Customer relationship assets	$	133.0	15
Trade name	49.5		15
Total intangible assets	$	182.5

Severance (Tables)

12 Months Ended

Oct. 01, 2021

Restructuring and Related Activities [Abstract]

Schedule of the Accrual Related to the Unpaid Obligations for Severance and Related Costs


(in millions)	October 2, 2020		Net Expense Reduction(1)		Payments and Other		October 1, 2021
Fiscal 2018 Reorganization	$	2.5	$	—	$	(2.5)	$	—
Fiscal 2020 Reorganization	118.5		(16.3)		(77.6)		24.6
Total Reorganization	$	121.0	$	(16.3)	$	(80.1)	$	24.6


(1)			During fiscal 2021, several previously expected actions were reversed due to changes in facts, including the timing of client re-openings after COVID-19 restrictions began to lift.

Goodwill And Other Intangible Assets (Tables)

12 Months Ended

Oct. 01, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill Assets by Segment

Changes in total goodwill during fiscal 2021 are as follows (in thousands):


Segment	October 2, 2020		Acquisitions		Translation		October 1, 2021
FSS United States	$	3,953,332	$	134,546	$	58	$	4,087,936
FSS International	426,118		—		8,347		434,465
Uniform	964,378		27		491		964,896
	$	5,343,828	$	134,573	$	8,896	$	5,487,297

Schedule of other intangible assets

Other intangible assets consist of (in thousands):


	October 1, 2021						October 2, 2020
	Gross Amount		Accumulated Amortization		Net Amount		Gross Amount		Accumulated Amortization		Net Amount
Customer relationship assets	$	2,106,423	$	(1,173,092)	$	933,331	$	2,195,700	$	(1,308,002)	$	887,698
Trade names	1,100,579		(5,288)		1,095,291		1,052,744		(7,805)		1,044,939
	$	3,207,002	$	(1,178,380)	$	2,028,622	$	3,248,444	$	(1,315,807)	$	1,932,637

Schedule of expected amortization expense

Based on the recorded balances at October 1, 2021, total estimated amortization of all acquisition-related intangible assets for fiscal years 2022 through 2026 are as follows (in thousands):


2022	$	95,729
2023	91,583
2024	91,166
2025	91,308
2026	87,606

Borrowings (Tables)

12 Months Ended

Oct. 01, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Borrowings

Long-term borrowings, net, are summarized in the following table (in thousands):


	October 1, 2021		October 2, 2020
Senior secured revolving credit facility, due April 2026	$	71,896	$	849,895
Senior secured term loan facility, due March 2025	1,660,382		1,659,194
Senior secured term loan facility, due April 2026	406,543		485,346
Senior secured term loan facility, due January 2027	833,643		888,540
Senior secured term loan facility, due April 2028	721,986		830,133
5.000% senior notes, due April 2025	594,719		593,381
3.125% senior notes, due April 2025(1)	374,668		377,960
6.375% senior notes, due May 2025	1,483,328		1,479,341
4.750% senior notes, due June 2026	—		495,426
5.000% senior notes, due February 2028	1,140,144		1,138,864
Receivables Facility, due June 2024	—		315,600
Finance leases	146,368		142,588
Other	18,590		22,155
	7,452,267		9,278,423
Less—current portion	(58,850)		(99,915)
	$	7,393,417	$	9,178,508


(1)			This is a Euro denominated borrowing. See the disclosure below in the Senior Notes section for further information.

Schedule of Maturities of Long-term Debt


2022	$	60,294
2023	79,755
2024	47,174
2025	4,219,793
2026	343,619
Thereafter	2,769,524

Interest and Other Financing Costs Net

The components of interest and other financing costs, net, are summarized as follows (in thousands):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
Interest expense	$	413,713	$	389,434	$	352,812
Interest income	(15,250)		(14,990)		(28,985)
Other financing costs	2,903		8,356		11,160
Total	$	401,366	$	382,800	$	334,987

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 55
-Paragraph 69B
-URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 55
-Paragraph 69E
-URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644

+ Details

Derivative Instruments (Tables)

12 Months Ended

Oct. 01, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Cash Flow Hedges Included in Accumulated 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):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
Interest rate swap agreements(1)	$	1,228	$	(110,817)	$	(84,392)


(1)			Fiscal 2020 was impacted by changes in interest rates due to actions taken by the federal government in response to COVID-19.

Schedule of Derivative Instruments, Balance Sheet Presentation


	Balance Sheet Location	October 1, 2021		October 2, 2020
ASSETS




Not designated as hedging instruments:
Gasoline and diesel fuel agreements	Prepayments and other current assets	$	2,551	$	—



LIABILITIES
Designated as hedging instruments:
Interest rate swap agreements	Accounts payable	1,541		1,494
Interest rate swap agreements	Other Noncurrent Liabilities	65,011		116,882
		66,552		118,376

Not designated as hedging instruments:
Foreign currency forward exchange contracts	Accounts Payable	27		121
Gasoline and diesel fuel agreements	Accounts Payable	—		1,805
		$	66,579	$	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


		Fiscal Year Ended
	Income Statement Location	October 1, 2021		October 2, 2020		September 27, 2019
Designated as hedging instruments:
Interest rate swap agreements	Interest and Other Financing Costs, net	$	50,595	$	34,409	$	(6,484)



Not designated as hedging instruments:

Gasoline and diesel fuel agreements	Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses	(8,044)		5,768		6,168
Foreign currency forward exchange contracts	Interest and Other Financing Costs, net	(94)		185		145
		(8,138)		5,953		6,313
		$	42,457	$	40,362	$	(171)

Revenue Recognition (Tables)

12 Months Ended

Oct. 01, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table presents revenue disaggregated by revenue source (in millions):


	Fiscal Year Ended
	October 1, 2021(1)		October 2, 2020(1)		September 27, 2019
FSS United States:
Business & Industry	$	695.7	$	1,097.3	$	1,587.0
Education	2,124.4		2,416.4		3,228.8
Healthcare	891.2		824.6		933.5
Sports, Leisure & Corrections	1,511.3		1,535.8		2,557.5
Facilities & Other	1,586.7		1,492.6		1,591.8
Total FSS United States	6,809.3		7,366.7		9,898.6

FSS International:
Europe	1,347.5		1,473.5		2,044.4
Rest of World	1,518.7		1,472.3		1,698.5
Total FSS International	2,866.2		2,945.8		3,742.9

Uniform	2,420.5		2,517.1		2,585.8

Total Revenue	$	12,096.0	$	12,829.6	$	16,227.3


(1)			COVID-19 had a negative impact on revenue for both the fiscal year ended October 1, 2021 and October 2, 2020 (see Note 1).

Contract with Customer, Asset and Liability

The following table summarizes the location of the expense recorded in the Consolidated Statements of (Loss) Income related to the Company's contract balances (in millions):


		Fiscal Year Ended
	Income Statement Location	October 1, 2021		October 2, 2020		September 27, 2019
Employee sales commissions	Cost of services provided (exclusive of depreciation and amortization)	$	23.9	$	21.8	$	20.0
Leasehold improvements	Depreciation and amortization	131.6		160.8		149.0
Cost to fulfill - Client	Depreciation and amortization	20.0		20.8		20.5
Long-term prepaid rent	Cost of services provided (exclusive of depreciation and amortization)	25.3		23.1		16.0
Cost to fulfill - Rental merchandise in-service	Cost of services provided (exclusive of depreciation and amortization)	274.5		325.7		318.2

Deferred income balances are summarized in the following table (in millions):


	October 1, 2021		October 2, 2020
Deferred income(1)	$	319.3	$	263.8


(1)			Due to the impact of COVID-19, the Company refunded approximately $53.5 million of advanced payments for meal plans back to its clients during fiscal 2021.

Leases (Tables)

12 Months Ended

Oct. 01, 2021

Leases [Abstract]

Assets and Liabilities Lessee


Leases	Balance Sheet Location	October 1, 2021			October 2, 2020
Assets:
Operating(1), (2)	Operating Lease Right-of-use Assets	$	587,854		$	551,394
Finance	Property and Equipment, net	138,368			134,080
Total lease assets		$	726,222		$	685,474
Liabilities:
Current
Operating(2)	Current operating lease liabilities	$	67,280		$	71,810
Finance	Current maturities of long-term borrowings	27,829			29,983
Noncurrent
Operating(2)	Noncurrent Operating Lease Liabilities	314,378			341,667
Finance	Long-term borrowings	118,539			112,605
Total lease liabilities		$	528,026		$	556,065

Weighted average remaining lease term (in years)
Operating leases		8.3			8.8
Finance leases		8.3			8.5
Weighted average discount rate
Operating leases		3.7		%	3.6		%
Finance leases		4.1		%	4.2		%


(1)			Includes $251.3 million and $193.6 million of long-term prepaid rent as of October 1, 2021 and as of October 2, 2020, respectively.
(2)			Fiscal 2020 includes the write-down of certain rental properties from disposal by abandonment and the write-off of certain right-of-use assets related to client contracts that were reassessed due to the impact of COVID-19 (see Note 1).

Lease, Cost

The following table summarizes the location of lease related costs in the Consolidated Statements of (Loss) Income (in thousands):


		Fiscal Year Ended
Lease Cost	Income Statement Location	October 1, 2021		October 2, 2020
Operating lease cost(1):
Fixed lease costs	Cost of services provided (exclusive of depreciation and amortization)	$	116,934	$	121,434
Variable lease costs(2)	Cost of services provided (exclusive of depreciation and amortization)	344,130		392,700
Short-term lease costs	Cost of services provided (exclusive of depreciation and amortization)	48,288		59,865
Finance lease cost(3):
Amortization of right-of-use-assets	Depreciation and amortization	31,243		30,542
Interest on lease liabilities	Interest and Other Financing Costs, net	4,794		5,319
Net lease cost		$	545,389	$	609,860


(1)			Excludes sublease income, which is immaterial.
(2)			Includes $325.3 million and $375.0 million of costs related to leases associated with revenue contracts with customers for fiscal 2021 and 2020, respectively. These costs represent the rent the Company pays its clients to operate at their locations, typically based on a percentage of sales. Variable lease costs during both fiscal 2021 and 2020 were impacted by COVID-19.
(3)			Excludes variable lease costs, which are immaterial.

Lease, Supplemental Cash Flow Information

Supplemental cash flow information related to leases for the period reported is as follows (in thousands):


	Fiscal Year Ended		Fiscal Year Ended
	October 1, 2021		October 2, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases(1)	$	189,061	$	144,792
Operating cash flows from finance leases	4,794		5,341
Financing cash flows from finance leases	32,496		34,674
Lease assets obtained in exchange for lease obligations:
Operating leases	$	61,345	$	90,533
Finance leases	36,046		29,317


(1)			For fiscal 2021, excludes cash paid for variable and short-term lease costs of $304.5 million and $48.3 million, respectively, that are not included within the measurement of lease liabilities. For fiscal 2020, excludes cash paid for variable and short-term lease costs of $414.0 million and $59.9 million, respectively, that are not included within the measurement of lease liabilities.

Finance Lease, Liability, Maturity

Future minimum lease payments under non-cancelable leases as of October 1, 2021 are as follows (in thousands):


	Operating leases		Finance leases		Total
2022	$	80,265	$	29,157	$	109,422
2023	67,927		24,750		92,677
2024	55,687		21,960		77,647
2025	45,422		18,946		64,368
2026	35,509		15,320		50,829
Thereafter	164,897		49,816		214,713
Total future minimum lease payments	$	449,707	$	159,949	$	609,656
Less: Interest	(68,049)		(13,581)		(81,630)
Present value of lease liabilities	$	381,658	$	146,368	$	528,026

Lessee, Operating Lease, Liability, Maturity

Future minimum lease payments under non-cancelable leases as of October 1, 2021 are as follows (in thousands):


	Operating leases		Finance leases		Total
2022	$	80,265	$	29,157	$	109,422
2023	67,927		24,750		92,677
2024	55,687		21,960		77,647
2025	45,422		18,946		64,368
2026	35,509		15,320		50,829
Thereafter	164,897		49,816		214,713
Total future minimum lease payments	$	449,707	$	159,949	$	609,656
Less: Interest	(68,049)		(13,581)		(81,630)
Present value of lease liabilities	$	381,658	$	146,368	$	528,026

Employee Pension and Profit Sharing Plans - (Tables)

12 Months Ended

Oct. 01, 2021

Retirement Benefits [Abstract]

Schedule of Net Benefit Costs

The following table sets forth the components of net periodic pension cost for the Company's single-employer defined benefit pension plans for fiscal 2021, fiscal 2020 and fiscal 2019 (in thousands):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
Service cost	$	1,327	$	2,996	$	6,391
Interest cost	4,736		9,180		11,287
Expected return on plan assets	(14,003)		(18,883)		(22,970)
Settlements and curtailments(1)	61,706		—		283
Amortization of prior service cost	32		26		104
Recognized net loss	3,829		2,324		1,094
Net periodic pension expense (income)	$	57,627	$	(4,357)	$	(3,811)


(1)			During fiscal 2021, the Company terminated certain Canadian single-employer defined benefit pension plans and recognized a non-cash loss of $60.9 million on the Consolidated Statements of (Loss) Income.

Schedule of Defined Benefit Plans Disclosures

The following table sets forth changes in the projected benefit obligation and the fair value of plan assets for these plans (in thousands):


Change in benefit obligation:	October 1, 2021		October 2, 2020
Benefit obligation, beginning	$	436,333	$	401,207
Foreign currency translation	20,853		6,067
Service cost	1,327		2,996
Interest cost	4,736		9,180
Employee contributions	110		853
Actuarial loss	(3,663)		32,769
Benefits paid	(15,335)		(16,739)
Settlements and curtailments	(223,411)		—

Benefit obligation, ending	$	220,950	$	436,333
Change in plan assets:
Fair value of plan assets, beginning	$	439,053	$	425,967
Foreign currency translation	20,698		5,980
Employer contributions	3,572		4,152
Employee contributions	110		853
Actual return on plan assets	16,957		18,840
Benefits paid	(15,335)		(16,739)
Settlements and curtailments	(226,042)		—

Fair value of plan assets, end	239,013		439,053
Funded Status at end of year	$	18,063	$	2,720

Schedule of Amounts Recognized in Balance Sheet Including Accumulated Other Comprehensive Income

Amounts recognized in the Consolidated Balance Sheets consist of the following (in thousands):


	October 1, 2021		October 2, 2020
Noncurrent benefit asset (included in Other Assets)	$	32,522	$	16,617
Current benefit liability (included in Accrued expenses and other current liabilities)	(2,605)		—
Noncurrent benefit liability (included in Other Noncurrent Liabilities)	(11,854)		(13,897)
Net actuarial loss (included in Accumulated other comprehensive loss before taxes)	46,464		111,035

Schedule of Assumptions Used

The following weighted average assumptions were used to determine pension expense of the respective fiscal years:


	October 1, 2021		October 2, 2020
Discount rate	2.5	%	2.5	%
Rate of compensation increase	0.8	%	1.9	%
Long-term rate of return on assets	3.3	%	4.3	%

The following weighted average assumptions were used to determine the funded status of the respective fiscal years:


	October 1, 2021		October 2, 2020
Discount rate	2.1	%	2.4	%
Rate of compensation increase	1.6	%	2.0	%

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets


	October 1, 2021		October 2, 2020
Projected benefit obligation(1)	$	28,656	$	153,338
Accumulated benefit obligation(1)	28,656		152,729


(1)			Decrease driven by the UK plans switching from liability positions in fiscal 2020 to asset positions in fiscal 2021.

Schedule of Allocation of Plan Assets


	October 1, 2021		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3
Cash and cash equivalents	$	20,869	$	20,869	$	—	$	—
Equity securities:
Investment trusts	2,343		2,343		—		—
Investment funds:
Equity funds	87,832		—		87,832		—
Fixed income funds	115,157		—		115,157		—
Real estate	12,812		—		—		12,812
Total	$	239,013	$	23,212	$	202,989	$	12,812

	October 2, 2020		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3
Cash and cash equivalents	$	76,072	$	76,072	$	—	$	—
Equity securities:
Investment trusts	4,717		4,717		—		—
Investment funds:
Equity funds	74,852		—		74,852		—
Fixed income funds	272,349		—		272,349		—
Real estate	11,063		—		—		11,063
Total	$	439,053	$	80,789	$	347,201	$	11,063

Schedule of Expected Benefit Payments

The following table sets forth the benefits expected to be paid in the next five fiscal years and in aggregate for the five fiscal years thereafter by the Company's defined benefit pension plans (in thousands):


Fiscal 2022(1)	$	24,309
Fiscal 2023	7,210
Fiscal 2024	7,464
Fiscal 2025	7,825
Fiscal 2026	7,702
Fiscal 2027 – 2031	43,625


(1)			Increase driven by expected payout of legacy AmeriPride United States plan.

Schedule of Multiemployer Plans

There have been no significant changes that affect the comparability of fiscal 2021, fiscal 2020 and fiscal 2019 contributions.

Pension
Fund

EIN/Pension
Plan Number

Pension Protection
Act Zone Status

FIP/RP Status Pending/ Implemented

Contributions by the Company
(in thousands)

Range of Expiration Dates of CBAs

2021

2020

2021

2020

2019

Surcharge
Imposed

National Retirement Fund

13-6130178/ 001

Critical

Implemented

2,579

3,574

4,130

6/5/2020 - 4/5/2024

UNITE HERE Retirement Fund

82-0994119/ 001

Critical

Implemented

2,699

3,392

4,531

3/31/2020 - 12/31/2025

Local 1102 Retirement Trust

13-1847329/ 001

Seriously Endangered

Implemented

110

9/30/2021

Central States SE and SW Areas Pension Plan

36-6044243/ 001

Critical and Declining

Implemented

3,994

4,422

4,282

1/31/2007 - 4/7/2023

Pension Plan for Hospital & Health Care Employees Philadelphia & Vicinity

23-2627428/ 001

Critical

Implemented

354

325

361

1/31/2023

SEIU National Industry Pension Fund (1)

52-6148540/ 001

Critical

Implemented

750

685

623

4/14/2022 - 12/31/2023

LIUNA National Industrial Pension Fund

52-6074345/ 001

Green

Implemented

777

674

678

6/30/2021

Other funds

15,728

17,073

18,846

Total contributions

26,903

30,211

33,561

(1)

Over 75% of the Company's participants in this fund are covered by a single CBA that expires on 12/31/2023.

The Company provided more than 5 percent of the total contributions for the following plans and plan years:


Pension Fund						Contributions to the plan exceeded more than 5% of total contributions (as of the plan's year-end)
Local 1102 Retirement Trust						12/31/2019 and 12/31/2018
National Retirement Fund						12/31/2019 and 12/31/2018

- Definition

Tabular disclosure of information about multiemployer plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 5
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 5
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 5
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 5
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=35742348&loc=SL14450788-114948

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 5
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 9
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450691-114947

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 5
-Subparagraph (e)(2)
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 9
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450691-114947

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 5
-Subparagraph (f)(1)
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 5
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947

+ Details

Income Taxes (Tables)

12 Months Ended

Oct. 01, 2021

Income Tax Disclosure [Abstract]

Income from continuing operations before income taxes by source of income

The components of (Loss) Income Before Income Taxes by source of (loss) income are as follows (in thousands):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
United States	$	(147,735)	$	(291,436)	$	418,902
Non-United States	14,883		(356,283)		137,270
	$	(132,852)	$	(647,719)	$	556,172

Provision (benefit) for income taxes

The (Benefit) Provision for Income Taxes consists of (in thousands):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
Current:
Federal	$	(18,245)	$	(69,399)	$	8,781
State and local	(1,309)		(4,616)		19,966
Non-United States	22,155		21,779		38,456
	2,601		(52,236)		67,203
Deferred:
Federal	(15,364)		(79,054)		35,251
State and local	(11,652)		(19,627)		7,683
Non-United States	(16,218)		(35,367)		(2,431)
	(43,234)		(134,048)		40,503
	$	(40,633)	$	(186,284)	$	107,706

Effective Income Tax Rate Reconciliation


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
United States statutory income tax rate	21.0	%	21.0	%	21.0	%
Increase (decrease) in taxes, resulting from:
State income taxes, net of Federal tax benefit	7.7		3.0		4.2
Foreign taxes(1)	6.1		(0.5)		2.2
Foreign valuation allowances	(16.5)		(3.4)		—
Foreign goodwill impairment	—		(5.0)		—
Permanent book/tax differences	(0.4)		(0.7)		0.6
Uncertain tax positions	(2.2)		0.1		—

Foreign tax credit valuation allowance	(27.5)		—		(2.3)
Stock compensation	—		3.6		(0.2)
CARES Act - Carryback rate differential	37.9		9.8		—
Divestiture of HCT	—		—		(4.4)
Canada Defined Benefit Pension Plan Termination	3.0		—		—
Tax credits & other	1.5		0.9		(1.7)
Effective income tax rate	30.6	%	28.8	%	19.4	%


(1)			Includes differences between the United States statutory tax rate and tax rates in foreign jurisdictions, foreign withholding taxes, taxation of foreign earnings and the tax on "Global Intangible Low-Taxed Income" ("GILTI").

Components of deferred taxes

As of October 1, 2021 and October 2, 2020, the components of Deferred Income Taxes are as follows (in thousands):


	October 1, 2021		October 2, 2020
Deferred tax liabilities:
Property and equipment	$	114,435	$	183,789
Investments	41,631		13,300
Other intangible assets, including goodwill	544,649		500,447
Cost to fulfill - Rental merchandise in-service	59,188		52,334
Operating Lease Right-of-use Assets	88,824		89,464
Other	26,186		45,589
Gross deferred tax liability	874,913		884,923
Deferred tax assets:
Derivatives	17,288		30,625
Insurance	18,758		23,784
Employee compensation and benefits	104,980		128,771
Accruals and allowances	32,457		31,218
Operating lease liabilities	97,505		102,259
NOL/credit carryforwards and other	364,751		261,763
Gross deferred tax asset, before valuation allowances	635,739		578,420
Valuation allowances	(97,472)		(38,977)
Net deferred tax liability	$	336,646	$	345,480

Schedule of Valuation and Qualifying Accounts Disclosure

Rollforward of the valuation allowance is as follows:


	October 1, 2021		October 2, 2020
Balance, beginning of year	$	(38,977)	$	(17,532)
Additions(1)	(58,495)		(21,445)
Balance, end of year	$	(97,472)	$	(38,977)


(1)			The addition in fiscal 2021 is mainly driven by cumulative losses in certain foreign subsidiaries and valuation allowances against foreign tax credits, which are not expected to be utilized before their expiration dates. The addition in fiscal 2020 was mainly driven by cumulative losses in certain foreign subsidiaries.

ARAMARK AND SUBSIDIARIES

SCHEDULE II -- VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

FOR THE FISCAL YEARS ENDED OCTOBER 1, 2021, OCTOBER 2, 2020 AND SEPTEMBER 27, 2019


			Additions		Reductions
	Balance, Beginning of Period		Charged to Income		Deductions from Reserves(1)		Balance, End of Period
Description
Fiscal Year 2021
Allowance for credit losses	$	74,925	$	13,544	$	8,825	$	79,644
Fiscal Year 2020
Allowance for credit losses	$	49,566	$	64,655	$	39,296	$	74,925
Fiscal Year 2019
Allowance for credit losses	$	52,682	$	21,821	$	24,937	$	49,566


(1)			Amounts determined not to be collectible and charged against the reserve and translation.

Reconciliation of the beginning and ending amount of gross unrecognized tax benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits follows (in thousands):


	October 1, 2021		October 2, 2020
Balance, beginning of year	$	34,578	$	36,272
Additions based on tax positions taken in the current year	355		1,257
Additions for tax positions taken in prior years(1)	32,589		—
Reductions for remeasurements, settlements and payments	(1,573)		(392)
Reductions due to statute expiration	(535)		(2,559)
Balance, end of year	$	65,414	$	34,578


(1)			Includes a $29.4 million reclass from deferred income tax liabilities for a position taken related to a divestiture in a prior year.

Stockholders' Equity (Tables)

12 Months Ended

Oct. 01, 2021

Stockholders' Equity Note [Abstract]

Dividends Paid

The following table presents the Company's cash dividend payments to its stockholders (in millions):


	October 1, 2021		October 2, 2020		September 27, 2019
Dividend payments	$	112.0	$	110.9	$	108.4

Share-Based Compensation (Tables)

12 Months Ended

Oct. 01, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
TBOs(1)	$	15.1	$	10.8	$	14.7
TBO-Rs	4.6		0.3		—
RSUs(1)	46.0		35.1		28.9
PSUs (1)	—		(17.8)		9.9
Deferred Stock Units	1.9		1.9		1.8
ESPP	3.5		—		—
	$	71.1	$	30.3	$	55.3

Taxes related to share-based compensation	$	22.6	$	7.2	$	13.7
Cash Received from Option Exercises/ESPP Purchases	41.6		90.0		39.1
Tax Benefit on Share Deliveries (2)	3.8		46.2		4.8


(1)			Share-based compensation expense increased during fiscal 2021 due to the shortening of the vesting period on the annual grants issued in September 2020 from four years to three years, the addition of expense related to the ESPP which began on April 1, 2021 and the accelerated timing of the issuance of the fiscal 2021 annual grant. Share-based compensation expense was reduced during fiscal 2020 based on lower than estimated target attainment on plan metrics on each of the fiscal 2018, fiscal 2019 and fiscal 2020 PSU grants, resulting in the reversal of previously recognized share-based compensation expense of $29.8 million. Share-based compensation expense was reduced during fiscal 2019 based on lower than estimated target attainment on plan metrics for the fiscal 2018 PSU grants, resulting in the reversal of previously recognized share-based compensation expense of $6.6 million. The Company also reversed previously recognized share-based compensation expense based on the actual target for the 2017 PSU grants achieved as of the end of fiscal 2019 of $5.2 million.
(2)			The tax benefit on option exercises, restricted stock unit and ESPP unit deliveries is included in "Prepayments and Other Current Assets" on the Consolidated Statements of Cash Flows.

Schedule of Unrecognized Compensation Cost, Nonvested Awards

The below table summarizes the unrecognized compensation expense as of October 1, 2021 related to non-vested awards and the weighted-average period they are expected to be recognized:


	Unrecognized Compensation Expense (in millions)		Weighted-Average Period (Years)
TBOs	$	22.7	1.94
TBO-Rs	17.8		3.51
RSUs	71.3		1.93
Total	$	111.8

Schedule of Stock Option Valuation Assumptions

The table below presents the weighted average assumptions and related valuations for TBOs.


	Fiscal Year Ended
	October 1, 2021	October 2, 2020	September 27, 2019
Expected volatility	40%	30%	20%
Expected dividend yield	1.08% - 1.25%	1.01% - 2.09%	1.17% - 1.44%
Expected life (in years)	6.08	6.22	6.25
Risk-free interest rate	0.52% - 1.15%	0.40% - 1.74%	1.62% - 3.02%
Weighted-average grant-date fair value	$13.08	$9.07	$8.23


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
Total intrinsic value exercised (in millions)	$	14.5	$	114.6	$	26.8
Total fair value that vested (in millions)	16.0		9.9		16.3

The table below presents the weighted average assumptions and related valuations for TBO-Rs.


			Fiscal Year Ended
			October 2, 2020
Expected volatility			38%
Expected dividend yield			1.55%
Expected life (in years)			7.00
Risk-free interest rate			0.50%
Weighted-average grant-date fair value			$3.93

Schedule of Options Activity

A summary of TBO activity is presented below:


Options	Shares (000s)	Weighted-Average Exercise Price		Aggregate Intrinsic Value ($000s)		Weighted-Average Remaining Term (Years)
Outstanding at October 2, 2020	8,719	$	32.45
Granted	162	$	37.32
Exercised	(1,092)	$	24.95
Forfeited and expired	(571)	$	38.02
Outstanding at October 1, 2021	7,218	$	33.25	$	31,032	7.0
Exercisable at October 1, 2021	3,800	$	32.47	$	17,553	5.8
Expected to vest at October 1, 2021	3,102	$	34.23	$	11,985	8.4

A summary of TBO-R activity is presented below:


Options	Shares (000s)	Weighted-Average Exercise Price		Aggregate Intrinsic Value ($000s)		Weighted-Average Remaining Term (Years)
Outstanding at October 2, 2020	5,732	$	66.15
Granted	—	$	—
Exercised	—	$	—
Forfeited and expired	—	$	—
Outstanding at October 1, 2021	5,732	$	66.15	$	387	8.9

Expected to vest at October 1, 2021	4,697	$	66.15	$	318	8.9

A summary of PBO activity is presented below:


Options	Shares (000s)	Weighted-Average Exercise Price		Aggregate Intrinsic Value ($000s)		Weighted-Average Remaining Term (Years)
Outstanding at October 2, 2020	306	$	11.99
Granted	—	$	—
Exercised	(264)	$	11.82
Forfeited and expired	—	$	—
Outstanding at October 1, 2021	42	$	13.00	$	963	0.3
Exercisable at October 1, 2021	42	$	13.00	$	963	0.3

Schedule of Restricted Stock Units Activity

The unvested units are subject to forfeiture if employment is terminated other than due to death, disability or retirement and the units are nontransferable while subject to forfeiture.


Restricted Stock Units	Units (000s)	Weighted Average Grant-Date Fair Value
Outstanding at October 2, 2020	4,626	$	34.08
Granted	363	$	37.08
Vested	(1,699)	$	34.58
Forfeited	(276)	$	34.49
Outstanding at October 1, 2021	3,014	$	34.04


Performance Stock Units	Units (000s)	Weighted Average Grant-Date Fair Value
Outstanding at October 2, 2020	1,315	$	37.61
Granted	—	$	—
Vested	—	$	—
Forfeited	(263)	$	36.71
Outstanding at October 1, 2021	1,052	$	39.62

Earnings Per Share (Tables)

12 Months Ended

Oct. 01, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

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):


	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
(Loss) Earnings:
Net (loss) income attributable to Aramark stockholders	$	(90,833)	$	(461,529)	$	448,549
Shares:
Basic weighted-average shares outstanding	254,748		251,828		246,854
Effect of dilutive securities(1)	—		—		5,156
Diluted weighted-average shares outstanding	254,748		251,828		252,010

Basic (Loss) Earnings Per Share:
Net (loss) income attributable to Aramark stockholders	$	(0.36)	$	(1.83)	$	1.82
Diluted (Loss) Earnings Per Share:
Net (loss) income attributable to Aramark stockholders	$	(0.36)	$	(1.83)	$	1.78


(1)			Incremental shares of 2.0 million and 2.3 million have been excluded from the computation of diluted weighted-average shares outstanding for the fiscal years ended October 1, 2021 and October 2, 2020, respectively, because the effect would have been antidilutive due to the net loss attributable to Aramark stockholders during both periods.

Business Segments (Tables)

12 Months Ended

Oct. 01, 2021

Segment Reporting [Abstract]

Schedule of Sales by Segment

Financial information by segment follows (in millions):


	Revenue (1)
	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
FSS United States	$	6,809.3	$	7,366.7	$	9,898.6
FSS International	2,866.2		2,945.8		3,742.9
Uniform	2,420.5		2,517.1		2,585.8
	$	12,096.0	$	12,829.6	$	16,227.3

Schedule of Operating Income by Segment


	Operating Income (Loss) (1)
	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
FSS United States	$	131.8	$	5.3	$	716.8
FSS International	58.2		(344.2)		142.7
Uniform	120.8		171.5		191.3
	310.8		(167.4)		1,050.8
Corporate	(119.4)		(97.5)		(159.6)
Operating Income (Loss)	191.4		(264.9)		891.2
Gain on Equity Investment	(137.9)		—		—
Loss on Defined Benefit Pension Plan Termination	60.9		—		—
Interest and Other Financing Costs, net	401.3		382.8		335.0
(Loss) Income Before Income Taxes	$	(132.9)	$	(647.7)	$	556.2

Schedule of Depreciation and Amortization by Segment


	Depreciation and Amortization
	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
FSS United States	$	347.4	$	379.2	$	381.6
FSS International	69.4		76.2		69.4
Uniform	133.3		137.2		138.7
Corporate	0.6		2.6		2.9
	$	550.7	$	595.2	$	592.6

Schedule of Capital Expenditures and Client Contract Investments and Other by Segment


	Capital Expenditures and Other
	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
FSS United States	$	261.8	$	310.0	$	375.9
FSS International	59.3		48.9		69.4
Uniform	90.3		58.8		61.0
Corporate	0.2		2.1		0.1
	$	411.6	$	419.8	$	506.4

Schedule of Assets by Segment


	Identifiable Assets
	October 1, 2021		October 2, 2020
FSS United States	$	8,905.5	$	8,171.6
FSS International	2,028.2		1,963.2
Uniform	3,200.8		3,159.9
Corporate*	241.7		2,418.0
	$	14,376.2	$	15,712.7
* Fiscal 2020 includes cash on hand from borrowings.

Schedule of Revenue by Geographic Areas

The following geographic data include revenue generated by subsidiaries within that geographic area and net property & equipment based on physical location (in millions):


	Revenue(1)
	Fiscal Year Ended
	October 1, 2021		October 2, 2020		September 27, 2019
United States	$	8,947.8	$	9,560.9	$	12,070.0
Foreign	3,148.2		3,268.7		4,157.3
	$	12,096.0	$	12,829.6	$	16,227.3

Schedule of Net Property and Equipment by Geographic Areas


	Property and Equipment, net
	October 1, 2021		October 2, 2020
United States	$	1,755.2	$	1,759.2
Foreign	283.2		291.7
	$	2,038.4	$	2,050.9


(1)			Revenue and operating income (loss) for all segments in fiscal 2021 and fiscal 2020 were negatively impacted by COVID-19.

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Oct. 02, 2020 USD ($)	Jun. 26, 2020 USD ($)	Oct. 01, 2021 USD ($) country segment	Oct. 02, 2020 USD ($)	Sep. 27, 2019 USD ($)
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Number of countries in which entity operates \| country			18
Number of reportable segments \| segment			3
Foreign currency transaction loss			$ 1,800	$ 2,500	$ 4,900
Cash and cash equivalents	$ 2,509,188		532,591	2,509,188
Inventory valuation reserves	36,700		45,700	36,700
Inventory write-down			25,400
Depreciation			378,300	418,300	421,400
Goodwill impairment and asset write-downs			0	283,743	0
Remaining lease liability related to abandoned leases	0			0
Equity Securities without readily determinable fair value, amount	42,500		180,500	42,500
Equity securities without readily determined fair value, recognized non-cash gain on price change			137,900
Equity securities without readily determinable fair value, impairment loss					7,000
Allowance for doubtful accounts	74,925		79,644	74,925
Receivables	1,431,206		1,748,601	1,431,206
Deferred income taxes and other liabilities	1,099,075		1,079,014	1,099,075
Total future minimum lease payments			159,949
Payments related to tax withholding for share-based compensation			24,500	92,300	34,300
AIM Services Co., Ltd
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Equity Securities without readily determinable fair value, amount	182,900		187,500	182,900
CARES Act
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Deferred income taxes and other liabilities			128,500
Deferred income taxes and other liabilities, current	80,800		64,300	80,800
Captive
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Cash and cash equivalents	92,100		194,300	92,100
Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
CARES Act. COVID-19 labor related credits			15,100	18,700
Cost of services provided \| AIM Services Co., Ltd
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Undistributed earnings from equity method investees	10,800		16,700	10,800	24,900
Accounts Receivable
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Receivables			23,800
Property and Equipment and Long-term Borrowings
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Total future minimum lease payments	29,300		36,000	29,300	$ 41,600
Food and Support Services - United States and International Segments \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Goodwill impairment and asset write-downs	30,600
Food and Support Services - United States \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Loss on sale of properties by abandonment		$ 28,500
Uniform segment \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
CARES Act. COVID-19 labor related credits			17,900	23,000
Food and Support Services International and Uniform and Career Apparel \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
CARES Act. COVID-19 labor related credits			$ 155,300	128,100
Property and Equipment \| Food and Support Services - United States and International Segments \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Goodwill impairment and asset write-downs	17,800
Right of Use Assets \| Food and Support Services - United States and International Segments \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Goodwill impairment and asset write-downs	11,600
Right of Use Assets \| Food and Support Services - United States \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Loss on sale of properties by abandonment		10,300
Leasehold Improvements \| Food and Support Services - United States \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Loss on sale of properties by abandonment		17,400
Building and Building Improvements \| Minimum
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful lives			10 years
Building and Building Improvements \| Maximum
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful lives			40 years
Service Equipment and Fixtures \| Minimum
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful lives			3 years
Service Equipment and Fixtures \| Maximum
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful lives			20 years
Prepaid rent \| Food and Support Services - United States and International Segments \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Goodwill impairment and asset write-downs	$ 1,200
Prepaid rent \| Food and Support Services - United States \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Loss on sale of properties by abandonment		800
TENNESSEE \| Tornado \| Uniform segment
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Unusual or infrequent item, or both, insurance proceeds		$ 25,000
Proceeds from insurance settlement, investing activities				21,500
Proceeds from insurance settlement, operating activities				3,500
TENNESSEE \| Tornado \| Uniform segment \| Cost of services provided
Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Insured event, gain (loss)				$ 16,300

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Components of Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net income (loss)	$ (92,219)	$ (461,435)	$ 448,466
Pension plan adjustments, Pre-Tax Amount	63,959	(33,831)	(29,137)
Pension plan adjustments, tax expense (benefit)	(15,391)	8,162	6,543
Pension plan adjustments, After-Tax Amount	48,568	(25,669)	(22,594)
Foreign currency translation adjustments, Pre-Tax Amount	7,383	(6,348)	(34,099)
Foreign currency translation adjustments, tax benefit	1,542	(1,470)	(209)
Foreign currency translation adjustments, After-Tax Amount	8,925	(7,818)	(34,308)
Gain (Loss) recognized in other comprehensive income	1,228	(110,817)	(84,392)
Unrealized losses arising during the period, Tax Effect	(319)	28,812	21,942
Unrealized losses arising during the period, After-Tax Amount	909	(82,005)	(62,450)
Reclassification adjustments	50,595	34,409	(6,484)
Reclassification adjustments, Tax Effect	(13,155)	(8,946)	1,686
Reclassification adjustments, After-Tax Amount	37,440	25,463	(4,798)
Share of equity investee's comprehensive loss, Pre-Tax Amount	3,405	(264)	(1,592)
Share of equity investee's comprehensive loss, tax (expense) benefit	0	0	0
Share of equity investee's comprehensive income (loss)	3,405	(264)	(1,592)
Other comprehensive income (loss), Pre-Tax Amount	126,570	(116,851)	(155,704)
Other comprehensive income (loss), tax (expense) benefit	(27,323)	26,558	29,962
Other comprehensive income (loss), net of tax	99,247	(90,293)	(125,742)
Comprehensive income	7,028	(551,728)	322,724
Less: Net (loss) income attributable to noncontrolling interest	(1,386)	94	(83)
Comprehensive income (loss) attributable to Aramark stockholders	$ 8,414	$ (551,822)	$ 322,807

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Pension plan adjustments	$ (24,323)	$ (72,891)
Foreign currency translation adjustments	(127,012)	(135,937)
Cash flow hedges	(49,249)	(87,598)
Share of equity investee's accumulated other comprehensive loss	(7,427)	(10,832)
Accumulated other comprehensive income (loss), net of tax	$ (208,011)	$ (307,258)

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References + Details

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Components of Inventories (Details)	Oct. 01, 2021	Oct. 02, 2020
Components of Inventories [Line Items]
Percentage of inventory	100.00%	100.00%
Food
Components of Inventories [Line Items]
Percentage of inventory	48.70%	42.70%
Uniform
Components of Inventories [Line Items]
Percentage of inventory	46.00%	52.20%
Parts, supplies and novelties
Components of Inventories [Line Items]
Percentage of inventory	5.30%	5.10%

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies - Prepaid Expense and Other Current Assets (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Prepaid Insurance	$ 12,566	$ 13,396
Prepaid Taxes and Licenses	11,159	11,130
Current income tax asset	23,523	123,608
Other Prepaid Expenses	157,739	150,810
Prepayments and other current assets	$ 204,987	$ 298,944

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Other Assets (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Costs to fulfill - Client	$ 109,541	$ 113,940
Cost to fulfill - Rental Merchandise in-service	324,433	311,238
Long-term receivables	31,832	28,460
Miscellaneous investments	405,498	262,609
Computer software costs, net	182,650	177,136
Employee sales commissions	124,610	122,011
Other	156,578	142,712
Other Assets	$ 1,335,142	$ 1,158,106

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Other Assets - Footnotes (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Schedule of Investments [Line Items]
Goodwill impairment and asset write-downs	$ 0	$ 283,743	$ 0
Computer Software \| Minimum
Schedule of Investments [Line Items]
Intangible asset, useful life	3 years
Computer Software \| Maximum
Schedule of Investments [Line Items]
Intangible asset, useful life	10 years
Goodwill impairment and asset write-downs	$ 26,100

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies - Other Accrued Expenses and Liabilities (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Deferred income tax payable	$ 340,587	$ 291,680
Accrued client expenses	127,086	44,419
Accrued taxes	58,410	53,146
Accrued insurance(3) and interest	167,323	174,048
Other	441,622	376,909
Accrued expenses and other current liabilities	1,135,028	940,202
Consideration received from customers prior to service being performed	312,600	263,800
Consideration received from vendors prior to goods being consumed	$ 21,300	$ 27,900

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies - Deferred Income Taxes and Other Noncurrent Liabilities (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Deferred income taxes	$ 383,224	$ 398,777
Deferred compensation	212,222	210,884
Pension-related liabilities	16,113	18,044
Interest rate swap agreements	65,012	116,882
Insurance reserves	126,314	143,923
Other noncurrent liabilities	276,129	210,565
Deferred Income Taxes and Other Noncurrent Liabilities	1,079,014	$ 1,099,075
Non-current portion of Next Level contingent consideration	$ 65,400

Nature of Business, Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Cash Flow, Supplemental Disclosures (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Interest paid	$ 369.7	$ 353.6	$ 306.2
Income taxes (refunded) paid	$ (104.9)	$ 40.2	$ 139.3

Acquisitions and Divestitures - Narrative (Details) - USD ($) $ in Thousands			12 Months Ended
	Jun. 04, 2021	Nov. 09, 2018	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Business Acquisition [Line Items]
Goodwill			$ 5,487,297	$ 5,343,828
Proceeds from divestitures			0	0	$ 293,711
Disposal Group, Disposed of by Sale, Not Discontinued Operations \| Healthcare Technologies
Business Acquisition [Line Items]
Proceeds from divestitures		$ 293,700
Tax effected gain on divestiture		139,200
Disposal Group, Disposed of by Sale, Not Discontinued Operations \| Healthcare Technologies \| Gain on Sale of Healthcare Technologies
Business Acquisition [Line Items]
Pretax gain in the Consolidated Statements of (Loss) Income		$ 156,300
Next Level Hospitality
Business Acquisition [Line Items]
Consideration paid	$ 226,100
Contingent consideration	78,400		78,400
Goodwill	$ 123,600
Revenue included in Consolidated Statements of (Loss) Income			108,900
AmeriPride and Avendra
Business Acquisition [Line Items]
Acquisition related costs			22,200	28,900	36,100
Other Acquisitions
Business Acquisition [Line Items]
Consideration paid			$ 39,700	$ 22,200	$ 44,900

Acquisitions and Divestitures - Assets and Liabilities Acquired (Details) - Next Level Hospitality $ in Thousands	Jun. 04, 2021 USD ($)
Assets [Abstract]
Current assets	$ 18,088
Noncurrent assets	307,291
Total assets	325,379
Liabilities [Abstract]
Current liabilities	50,956
Noncurrent liabilities	48,323
Total liabilities	$ 99,279

Acquisitions and Divestitures - Intangible Assets Acquired (Details) - USD ($) $ in Millions		12 Months Ended
	Jun. 04, 2021	Oct. 01, 2021
Trade names
Business Acquisition [Line Items]
Intangible assets acquired		$ 52.5
Next Level Hospitality
Business Acquisition [Line Items]
Intangible assets acquired	$ 182.5
Next Level Hospitality \| Customer relationship assets
Business Acquisition [Line Items]
Intangible assets acquired	$ 133.0
Weighted-average estimated useful life (in years)	15 years
Next Level Hospitality \| Trade names
Business Acquisition [Line Items]
Intangible assets acquired	$ 49.5
Weighted-average estimated useful life (in years)	15 years

Severance - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
Severance - Narrative (Details) - USD ($) $ in Millions	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Restructuring Cost and Reserve [Line Items]
Net expense reduction	$ 9.0
Employee Severance and Other Costs
Restructuring Cost and Reserve [Line Items]
Net expense reduction			$ 18.7
Accrued Payroll and Related Expenses
Restructuring Cost and Reserve [Line Items]
Net expense reduction	(16.3)
Accrued Payroll and Related Expenses \| Employee Severance and Other Costs
Restructuring Cost and Reserve [Line Items]
Net expense reduction	0.0
COVID-Related Severance \| Accrued Payroll and Related Expenses \| Employee Severance and Other Costs
Restructuring Cost and Reserve [Line Items]
Net expense reduction	$ (16.3)
Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| COVID-Related Severance
Restructuring Cost and Reserve [Line Items]
Net expense reduction		$ 145.8

Severance - Severance Charges by Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020
Restructuring Cost and Reserve [Line Items]
Net expense reduction	$ 9.0
Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| COVID-Related Severance
Restructuring Cost and Reserve [Line Items]
Net expense reduction		$ 145.8
Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| COVID-Related Severance \| Corporate, Non-Segment
Restructuring Cost and Reserve [Line Items]
Net expense reduction		1.8
Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| Food and Support Services - United States \| COVID-Related Severance
Restructuring Cost and Reserve [Line Items]
Net expense reduction		51.8
Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| Food and Support Services - International \| COVID-Related Severance
Restructuring Cost and Reserve [Line Items]
Net expense reduction		87.3
Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| Uniform \| COVID-Related Severance
Restructuring Cost and Reserve [Line Items]
Net expense reduction		$ 4.9

Severance - Unpaid Obligations for Severance and Related Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 01, 2021	Sep. 27, 2019
Restructuring Reserve [Roll Forward]
Net expense reduction	$ 9.0
Accrued Payroll and Related Expenses
Restructuring Reserve [Roll Forward]
Severance and Related Costs Accrual Beginning Balance	121.0
Net expense reduction	(16.3)
Payments and Other	(80.1)
Severance and Related Costs Accrual Ending Balance	24.6
Employee Severance and Other Costs
Restructuring Reserve [Roll Forward]
Net expense reduction		$ 18.7
Employee Severance and Other Costs \| Accrued Payroll and Related Expenses
Restructuring Reserve [Roll Forward]
Severance and Related Costs Accrual Beginning Balance	2.5
Net expense reduction	0.0
Payments and Other	(2.5)
Severance and Related Costs Accrual Ending Balance	0.0
Employee Severance and Other Costs \| COVID-Related Severance \| Accrued Payroll and Related Expenses
Restructuring Reserve [Roll Forward]
Severance and Related Costs Accrual Beginning Balance	118.5
Net expense reduction	(16.3)
Payments and Other	(77.6)
Severance and Related Costs Accrual Ending Balance	$ 24.6

Goodwill And Other Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 5,487,297	$ 5,343,828
Amortization of intangible assets	116,500	117,600	$ 117,000
Goodwill impairment	0	198,600	$ 0
Customer-Related Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired	$ 157,800	9,700
Weighted-average estimated useful life (in years)	14 years
Trade names
Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired	$ 52,500
Food and Support Services - International
Finite-Lived Intangible Assets [Line Items]
Goodwill	434,465	426,118
Goodwill impairment		$ 198,600
Food and Support Services - International \| Reporting Unit Within FSS International
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 91,000

Goodwill And Other Intangible Assets - Schedule of Goodwill Assets by Segment (Details) $ in Thousands	12 Months Ended
	Oct. 01, 2021 USD ($)
Goodwill [Roll Forward]
Balance at the beginning of the period	$ 5,343,828
Acquisitions	134,573
Translation	8,896
Balance at the end of the period	5,487,297
FSS United States
Goodwill [Roll Forward]
Balance at the beginning of the period	3,953,332
Acquisitions	134,546
Translation	58
Balance at the end of the period	4,087,936
FSS International
Goodwill [Roll Forward]
Balance at the beginning of the period	426,118
Acquisitions	0
Translation	8,347
Balance at the end of the period	434,465
Uniform
Goodwill [Roll Forward]
Balance at the beginning of the period	964,378
Acquisitions	27
Translation	491
Balance at the end of the period	$ 964,896

Goodwill And Other Intangible Assets - Schedule of other intangible assets (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Other Intangible Assets
Gross Amount	$ 3,207,002	$ 3,248,444
Accumulated Amortization	(1,178,380)	(1,315,807)
Net Amount	2,028,622	1,932,637
Customer relationship assets
Other Intangible Assets
Gross Amount	2,106,423	2,195,700
Accumulated Amortization	(1,173,092)	(1,308,002)
Net Amount	933,331	887,698
Trade names
Other Intangible Assets
Gross Amount	1,100,579	1,052,744
Accumulated Amortization	(5,288)	(7,805)
Net Amount	$ 1,095,291	$ 1,044,939

Goodwill And Other Intangible Assets - Schedule of expected amortization expense (Details) $ in Thousands	Oct. 01, 2021 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2022	$ 95,729
2023	91,583
2024	91,166
2025	91,308
2026	$ 87,606

Borrowings - Schedule of Long-term Borrowings (Details)	Oct. 01, 2021 USD ($)	Oct. 02, 2020 USD ($)	Jan. 18, 2018	Mar. 27, 2017 EUR (€)	Mar. 22, 2017 USD ($)
Debt Instrument [Line Items]
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Long-Term Borrowings
Present value of lease liabilities	$ 146,368,000	$ 142,588,000
Other	18,590,000	22,155,000
Debt and Lease Obligation	7,452,267,000	9,278,423,000
Less—current portion	(58,850,000)	(99,915,000)
Long-Term Borrowings	7,393,417,000	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	71,896,000	849,895,000
Secured Debt \| Term Loan Facility Due October 2023
Debt Instrument [Line Items]
Long-term debt	1,660,382,000	1,659,194,000
Secured Debt \| Term Loan Facility Due March 2024
Debt Instrument [Line Items]
Long-term debt	406,543,000	485,346,000
Secured Debt \| Term Loan Facility Due March 2025
Debt Instrument [Line Items]
Long-term debt	833,643,000	888,540,000
Secured Debt \| Term Loan Facility, US Term Loan B, Due 2027
Debt Instrument [Line Items]
Long-term debt	$ 721,986,000	830,133,000
Senior Notes \| 5.000% Senior Notes, Due April 2025
Debt Instrument [Line Items]
Stated interest rate	5.00%				5.00%
Long-term debt	$ 594,719,000	593,381,000			$ 600,000,000
Senior Notes \| 3.125% Senior Notes, Due April 2025
Debt Instrument [Line Items]
Stated interest rate	3.125%			3.125%
Long-term debt	$ 374,668,000	377,960,000		€ 325,000,000
Senior Notes \| 6.375% Senior Notes, Due May 01, 2025
Debt Instrument [Line Items]
Stated interest rate	6.375%
Long-term debt	$ 1,483,328,000	1,479,341,000
Senior Notes \| 4.75% Senior Notes, Due June 2026
Debt Instrument [Line Items]
Stated interest rate	4.75%
Long-term debt	$ 0	495,426,000
Senior Notes \| 5.000% Senior Notes, Due February 2028
Debt Instrument [Line Items]
Stated interest rate	5.00%		5.00%
Long-term debt	$ 1,140,144,000	$ 1,138,864,000

Borrowings - Senior Secured Credit Agreement Narrative (Details) € in Millions, ¥ in Millions, $ in Millions	12 Months Ended
	Oct. 01, 2021 USD ($)	Oct. 01, 2021 JPY (¥)	Oct. 01, 2021 CAD ($)	Oct. 01, 2021 EUR (€)	Oct. 02, 2020 USD ($)	Oct. 01, 2018	Sep. 30, 2018
Debt Instrument [Line Items]
Cash and cash equivalents	$ 532,591,000				$ 2,509,188,000
Secured Debt
Debt Instrument [Line Items]
Consolidated secured debt ratio	5.125	5.125	5.125	5.125
Secured Debt \| Base Rate
Debt Instrument [Line Items]
Debt instrument, minimum interest rate	0.00%	0.00%	0.00%	0.00%
Effective rate	0.625%	0.625%	0.625%	0.625%
Secured Debt \| Eurocurrency And Bankers' Acceptance Borrowings, And Letters of Credit Fees
Debt Instrument [Line Items]
Debt instrument, minimum interest rate	0.00%	0.00%	0.00%	0.00%
Effective rate	1.625%	1.625%	1.625%	1.625%
Secured Debt \| Sterling Overnight Index Average
Debt Instrument [Line Items]
Debt instrument, minimum interest rate	0.00%	0.00%	0.00%	0.00%
Effective rate	1.6576%	1.6576%	1.6576%	1.6576%
Secured Debt \| Minimum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	0.125%
Secured Debt \| Minimum \| Eurocurrency And Bankers' Acceptance Borrowings, And Letters of Credit Fees
Debt Instrument [Line Items]
Basis spread on variable rate	1.125%
Secured Debt \| Minimum \| Sterling Overnight Index Average
Debt Instrument [Line Items]
Basis spread on variable rate	1.1576%
Secured Debt \| Maximum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	0.625%
Secured Debt \| Maximum \| Eurocurrency And Bankers' Acceptance Borrowings, And Letters of Credit Fees
Debt Instrument [Line Items]
Basis spread on variable rate	1.625%
Secured Debt \| Maximum \| Sterling Overnight Index Average
Debt Instrument [Line Items]
Basis spread on variable rate	1.6576%
Revolving Credit Facility \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	$ 71,896,000				849,895,000
Repayments of debt	780,000,000
Term Loan Borrowings \| Secured Debt
Debt Instrument [Line Items]
Repayments of debt	244,200,000
Term Loan Facility Due March 2025 \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	833,643,000				888,540,000
Term Loan Facility Due October 2023 \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	$ 1,660,382,000				1,659,194,000
Term Loan Facility, US Term Loan B, Due 2024 and US Term Loan B, Due 2025 \| Secured Debt \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, minimum interest rate	0.00%	0.00%	0.00%	0.00%
Term Loan Facility, US Term Loan B, Due 2024 and US Term Loan B, Due 2025 \| Secured Debt \| Base Rate
Debt Instrument [Line Items]
Debt instrument, minimum interest rate	0.00%	0.00%	0.00%	0.00%
Term Loan Facility, US Term Loan B, Due 2024 and US Term Loan B, Due 2025 \| Secured Debt \| Minimum \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	1.75%
Term Loan Facility, US Term Loan B, Due 2024 and US Term Loan B, Due 2025 \| Secured Debt \| Minimum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	0.75%
Term Loan Facility, US Term Loan B-5, due 2028 \| Secured Debt \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, minimum interest rate	0.00%	0.00%	0.00%	0.00%
Term Loan Facility, US Term Loan B-5, due 2028 \| Secured Debt \| Minimum \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	2.50%
Term Loan Facility, US Term Loan B-5, due 2028 \| Secured Debt \| Minimum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%
Foreign
Debt Instrument [Line Items]
Long-term debt	$ 869,500,000
Receivables Facility, Due June 2022
Debt Instrument [Line Items]
Long-term debt	0				$ 315,600,000
Senior Secured Revolving Credit Facility, Amounts Due October 2023 and April 2026 \| Revolving Credit Facility \| Secured Debt
Debt Instrument [Line Items]
Maximum borrowing capacity	1,200,000,000
Senior Secured Revolving Credit Facility, Amounts Due October 2023 and April 2026 \| Revolving Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Remaining borrowing capacity	1,091,600,000
Senior Secured Revolving Credit Facility, Amounts Due March 28, 2022 \| Secured Debt \| Minimum
Debt Instrument [Line Items]
Debt instrument fee, effective rate						0.30%	0.15%
Senior Secured Revolving Credit Facility, Amounts Due March 28, 2022 \| Revolving Credit Facility \| Secured Debt
Debt Instrument [Line Items]
Maximum borrowing capacity	53,700,000
Receivables Facility, Due June 2024
Debt Instrument [Line Items]
Remaining borrowing capacity	400,000,000
Repayments of debt	315,600,000
4.75% Senior Notes, Due June 2026 \| Secured Debt
Debt Instrument [Line Items]
Repayments of debt	500,000,000
US Denominated Term Loan, Aramark Services, Inc. Due 2025 \| Term Loan Facility Due March 2025 \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	1,660,400,000
US Denominated Term Loan, Aramark Services, Inc. Due 2027 \| Term Loan Facility Due March 2025 \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	833,600,000
US Denominated Term B-5 Loan, Due 2028 \| Term Loan Facility Due 2028 \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	722,000,000
YEN Denominated Term Loan, Aramark Services, Inc. Due 2022 \| Term Loan Facility Due October 2023 \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	81,800,000	¥ 9,087.8
Canadian Denominated Term Loan, Aramark Canada Ltd. Due 2022 \| Term Loan Facility Due October 2023 \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	199,000,000		$ 251.7
Euro Denominated Term Loan, Aramark Investments Liminted, Due 2022 \| Term Loan Facility Due October 2023 \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	125,700,000			€ 108.5
Euro Term A-1 Loans, Due 2023 \| Term Loan Facility Due October 2023 \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	37,400,000			€ 32.3
Senior Secured Revolving Credit Facility \| Revolving Credit Facility \| Secured Debt
Debt Instrument [Line Items]
Maximum borrowing capacity	150,000,000
Senior Secured Revolving Credit Facility \| Revolving Credit Facility \| Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 250,000,000

Borrowings - Fiscal 2021 Refinancing Transactions Narrative (Details) - Revolving Credit Facility - Secured Debt € in Millions, ¥ in Millions, $ in Millions		12 Months Ended
	Apr. 06, 2021 USD ($)	Oct. 01, 2021 USD ($)	Apr. 06, 2021 JPY (¥)	Apr. 06, 2021 CAD ($)	Apr. 06, 2021 EUR (€)
Amendment No. 11 Amended Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility increase	$ 200,000,000
Maximum borrowing capacity	1,153,100,000
Canadian Term A-2 and A-3 Loan, Due April 2026
Debt Instrument [Line Items]
Maximum borrowing capacity				$ 276.9
Euro Term A-2 Loan, Due April 2026
Debt Instrument [Line Items]
Maximum borrowing capacity \| €					€ 78.8
Yen Term C-1 Loans, Due April 2026
Debt Instrument [Line Items]
Maximum borrowing capacity \| ¥			¥ 9,343.3
U.S. Term B-2 Loan And U.S. Term B-5 Loans, Due April 2028
Debt Instrument [Line Items]
Maximum borrowing capacity	833,000,000
2018 Tranche Revolving Commitments, Due October 2023
Debt Instrument [Line Items]
Credit facility, fair value outstanding	$ 53,700,000
Euro Term A-1 Loan, Due October 2023
Debt Instrument [Line Items]
Credit facility, fair value outstanding \| €					€ 33.6
Canadian Term A-2 Loan, Due October 2023
Debt Instrument [Line Items]
Credit facility, fair value outstanding				$ 27.1
U.S. Term B-5 Loan, Due April 2028
Debt Instrument [Line Items]
Amortization of debt issuance costs		$ 16,800,000
U.S. Term B-5 Loan, Due April 2028 \| Long-term Borrowings
Debt Instrument [Line Items]
Amortization of debt issuance costs		11,600,000
U.S. Term B-5 Loan, Due April 2028 \| Other assets
Debt Instrument [Line Items]
Amortization of debt issuance costs		5,200,000
U.S. Term B-2 Loan
Debt Instrument [Line Items]
Write off of deferred debt issuance cost		$ 2,700,000

Borrowings - Fiscal 2020 Refinancing Transactions Narrative (Details) - USD ($)		12 Months Ended
	Jan. 15, 2020	Oct. 02, 2020
Senior Notes \| 5.125% Senior Notes, Due January 15, 2024
Debt Instrument [Line Items]
Call premium		$ 23,100,000
Write off of deferred debt issuance cost		2,200,000
Term Loan Facility, US Term Loan B, Due 2027 \| Secured Debt
Debt Instrument [Line Items]
Long-term debt	$ 900,000,000
Original issue discount, percent	0.125%
Term Loan Facility, US Term Loan B, Due 2027 \| Term Loan Facilities
Debt Instrument [Line Items]
Payments of financing costs		6,600,000
5.125% Senior Notes, Due January 15, 2024 \| Senior Notes
Debt Instrument [Line Items]
Repayments of debt		$ 900,000,000
Redemption price, percentage		102.563%
Stated interest rate		5.125%
Interest and Other Financing Costs, Net \| Senior Notes \| 5.125% Senior Notes, Due January 15, 2024
Debt Instrument [Line Items]
Gain (loss) on extinguishment of debt		$ 20,900,000

Borrowings - Incremental Facilities, Prepayments and Amortization Narrative (Details) € in Millions, ¥ in Millions, $ in Millions	12 Months Ended
	Oct. 01, 2021 USD ($)	Oct. 02, 2020 USD ($)	Sep. 27, 2019 USD ($)	Oct. 01, 2021 JPY (¥)	Oct. 01, 2021 CAD ($)	Oct. 01, 2021 EUR (€)	Apr. 06, 2021 JPY (¥)	Apr. 06, 2021 EUR (€)
Secured Debt
Debt Instrument [Line Items]
Consolidated secured debt ratio	5.125			5.125	5.125	5.125
Term Loan Facilities
Debt Instrument [Line Items]
Repayments of debt	$ 194,100,000	$ 0	$ 500,000,000
Secured Debt \| 2017 Amendment Agreement
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 1,400,000,000
Senior secured credit agreement requires prepayment of outstanding loans with all net cash proceeds of all nonordinary course asset sales	100.00%
Senior secured credit agreement requires prepayment with all net cash proceeds of any incurrence of debt	100.00%
Secured Debt \| 2017 Amendment Agreement \| Aramark Services, Inc.
Debt Instrument [Line Items]
Senior secured credit agreement requires prepayment of outstanding loans with percent of annual excess cash flow, initial rate	50.00%
Senior secured credit agreement requires prepayment of outstanding loans with percent of annual excess cash flow, stepdown rate	25.00%
Senior secured credit agreement requires prepayment of outstanding loans with percent of annual excess cash flow, final stepdown rate	0.00%
Secured Debt \| 2017 Amendment Agreement \| Maximum
Debt Instrument [Line Items]
Consolidated secured debt ratio	3.00			3.00	3.00	3.00
Secured Debt \| 2017 Amendment Agreement \| Minimum
Debt Instrument [Line Items]
Agreement terms, prepayment of outstanding term loans, annual cash flow threshold	$ 100,000,000
Secured Debt \| 2017 Amendment Agreement \| Minimum \| Aramark Services, Inc.
Debt Instrument [Line Items]
Agreement terms, prepayment of outstanding term loans, annual cash flow threshold	$ 10,000,000
Term Loan Facility, US Term Loan B, Due 2027 \| Secured Debt
Debt Instrument [Line Items]
Prepayment premium, percent	1.00%
Revolving Credit Facility \| Secured Debt
Debt Instrument [Line Items]
Repayments of debt	$ 780,000,000
Revolving Credit Facility \| New Canadian Term A-3 Loan, Due April 2026 \| Secured Debt
Debt Instrument [Line Items]
Quarterly principal amounts due Period 1					$ 3.5
Quarterly principal amounts due Period 2					5.2
Quarterly principal amounts due Period 3					6.9
Quarterly principal amounts due Period 4					10.4
Principal amount due at maturity					$ 159.2
Revolving Credit Facility \| Euro Term A-2 Loan, Due April 2026 \| Secured Debt
Debt Instrument [Line Items]
Maximum borrowing capacity \| €								€ 78.8
Quarterly principal amounts due Period 1 \| €						€ 1.0
Quarterly principal amounts due Period 2 \| €						1.5
Quarterly principal amounts due Period 3 \| €						2.0
Quarterly principal amounts due Period 4 \| €						3.0
Principal amount due at maturity \| €						45.3
Revolving Credit Facility \| Yen Term C-1 Loans, Due April 2026 \| Secured Debt
Debt Instrument [Line Items]
Maximum borrowing capacity \| ¥							¥ 9,343.3
Quarterly principal amounts due Period 1 \| ¥				¥ 116.8
Quarterly principal amounts due Period 2 \| ¥				175.2
Quarterly principal amounts due Period 3 \| ¥				233.6
Quarterly principal amounts due Period 4 \| ¥				350.4
Principal amount due at maturity \| ¥				¥ 5,372.4
Revolving Credit Facility \| U.S. Term B-5 Loan, Due April 2028 \| Secured Debt
Debt Instrument [Line Items]
Amortization of debt issuance costs	16,800,000
Quarterly principal amounts due Period 1	2,100,000
Principal amount due at maturity	774,700,000
Revolving Credit Facility \| U.S. Term B-5 Loan, Due April 2028 \| Secured Debt \| Long-term Borrowings
Debt Instrument [Line Items]
Amortization of debt issuance costs	$ 11,600,000
Revolving Credit Facility \| Euro Term A-1 Loan, Due April 2023 \| Secured Debt
Debt Instrument [Line Items]
Quarterly principal amounts due Period 1 \| €						0.7
Quarterly principal amounts due Period 2 \| €						1.0
Quarterly principal amounts due Period 3 \| €						1.5
Principal amount due at maturity \| €						€ 24.0

Borrowings - Guarantees and Certain Covenants (Details)		12 Months Ended
Borrowings - Guarantees and Certain Covenants (Details)	Apr. 22, 2020 USD ($)	Oct. 01, 2021
Foreign Subsidiaries
Debt Instrument [Line Items]
Line of credit facility, collateral, capital stock		100.00%
Foreign Subsidiaries \| Common Stock
Debt Instrument [Line Items]
Line of credit facility, collateral, capital stock		65.00%
Foreign Subsidiaries \| Nonvoting Common Stock
Debt Instrument [Line Items]
Line of credit facility, collateral, capital stock		100.00%
Aramark Services, Inc. (Issuer)
Debt Instrument [Line Items]
Line of credit facility, collateral, capital stock		100.00%
Secured Debt
Debt Instrument [Line Items]
Consolidated secured debt ratio		5.125
Covenant, interest coverage ratio		2.00
Covenant, interest coverage ratio, actual		2.60
Secured Debt \| Aramark Services, Inc. (Issuer)
Debt Instrument [Line Items]
Covenant liquidity minimum	$ 400,000,000
Covenant, interest coverage ratio, actual		2.32

Borrowings - Senior Notes Narrative (Details)		12 Months Ended
Borrowings - Senior Notes Narrative (Details)	Jun. 02, 2021 USD ($)	Oct. 01, 2021 USD ($)	Oct. 02, 2020 USD ($)	Apr. 27, 2020 USD ($)	Mar. 29, 2019 USD ($)	Jan. 18, 2018 USD ($)	Mar. 27, 2017 EUR (€)	Mar. 22, 2017 USD ($)
5.000% Senior Notes, Due February 2028 \| Senior Notes
Debt Instrument [Line Items]
Face amount						$ 1,150,000,000
Stated interest rate		5.00%				5.00%
Long-term debt		$ 1,140,144,000	$ 1,138,864,000
5.000% Senior Notes, Due February 2028 \| Senior Notes \| Long-term borrowings
Debt Instrument [Line Items]
Amortization of debt issuance costs					$ 14,200,000
5.000% Senior Notes, Due February 2028 \| Period One \| Senior Notes
Debt Instrument [Line Items]
Redemption price, percentage		100.00%
5.000% Senior Notes, Due April 2025 \| Senior Notes
Debt Instrument [Line Items]
Stated interest rate		5.00%						5.00%
Long-term debt		$ 594,719,000	593,381,000					$ 600,000,000
3.125% Senior Notes, Due April 2025 \| Senior Notes
Debt Instrument [Line Items]
Stated interest rate		3.125%					3.125%
Long-term debt		$ 374,668,000	377,960,000				€ 325,000,000
5.000% Senior Notes, Due April 2025 And 3.125% Senior Notes Due April 2025
Debt Instrument [Line Items]
Optional redemption price, percentage		101.00%
4.750% Senior Notes, Due 2026 \| Senior Notes
Debt Instrument [Line Items]
Face amount	$ 500,000,000
Stated interest rate	4.75%
Redemption price, percentage	102.375%
6.375% Senior Notes, Due May 01, 2025 \| Senior Notes
Debt Instrument [Line Items]
Face amount				$ 1,500,000,000
Stated interest rate		6.375%
Optional redemption price, percentage		101.00%
Covenant minimum of aggregate principal remain outstanding		50.00%
Long-term debt		$ 1,483,328,000	$ 1,479,341,000
6.375% Senior Notes, Due May 01, 2025 \| Senior Notes \| Long-term borrowings
Debt Instrument [Line Items]
Amortization of debt issuance costs				$ 22,300,000
6.375% Senior Notes, Due May 01, 2025 \| Period One \| Senior Notes
Debt Instrument [Line Items]
Redemption price, percentage		100.00%
6.375% Senior Notes, Due May 01, 2025 \| Period Two \| Senior Notes
Debt Instrument [Line Items]
Redemption price, percentage		106.375%
Partial redemption, aggregate principal amount, percent		40.00%
Interest and Other Financing Costs, Net \| 4.750% Senior Notes, Due 2026 \| Senior Notes
Debt Instrument [Line Items]
Amortization of debt issuance costs	$ 16,000,000
Early repayment of senior debt		$ 11,900,000
Write off of deferred debt issuance cost		$ 4,100,000

Borrowings - Receivables Facility (Details)	12 Months Ended
Borrowings - Receivables Facility (Details)	Oct. 01, 2021 USD ($) financial_institution	Oct. 02, 2020 USD ($)
Debt Instrument [Line Items]
Number of financial institutions \| financial_institution	3
Receivables Facility, Due June 2022
Debt Instrument [Line Items]
Long-term debt	$ 0	$ 315,600,000
Receivables Facility, Due June 2022 \| Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity	400,000,000
Additional seasonal borrowing capacity	$ 100,000,000

- Definition

Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

+ References + Details

Borrowings - Schedule of Future Maturities (Details) $ in Thousands	Oct. 01, 2021 USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
2022	$ 60,294
2023	79,755
2024	47,174
2025	4,219,793
2026	343,619
Thereafter	2,769,524
Term Loan Facilities \| Secured Debt
Debt Instrument [Line Items]
Debt discount	53,500
Term Loan Facility, US Term Loan B, Due 2027 \| Secured Debt
Debt Instrument [Line Items]
Unamortized discount	$ 800

Borrowings - Schedule of Interest and Other Financing Costs Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Debt Disclosure [Abstract]
Interest expense	$ 413,713	$ 389,434	$ 352,812
Interest income	(15,250)	(14,990)	(28,985)
Other financing costs	2,903	8,356	11,160
Total	$ 401,366	$ 382,800	$ 334,987

Derivative Instruments - Narrative (Details) € in Millions, ¥ in Millions, gal in Millions	12 Months Ended
	Oct. 01, 2021 USD ($) gal	Oct. 02, 2020 USD ($)	Sep. 27, 2019 USD ($)	Oct. 01, 2021 JPY (¥)	Oct. 01, 2021 EUR (€)
Derivative [Line Items]
Pretax gain recorded (not material in fiscal 2018 and 2017)	$ (42,457,000)	$ (40,362,000)	$ 171,000
Term Loan Facility Due October 2023 \| Secured Debt
Derivative [Line Items]
Long-term debt	1,660,382,000	1,659,194,000
Term Loan Facility Due October 2023 \| Secured Debt \| Yen denominated term loans
Derivative [Line Items]
Long-term debt \| ¥				¥ 9,087.8
Term Loan Facility Due October 2023 \| Secured Debt \| Euro Denominated Term Loan
Derivative [Line Items]
Long-term debt \| €					€ 108.5
Designated as Hedging Instrument \| Cash Flow Hedging
Derivative [Line Items]
Gain on cash flow hedge to be reclassified within twelve months	32,800,000
Not Designated as Hedging Instrument
Derivative [Line Items]
Pretax gain recorded (not material in fiscal 2018 and 2017)	8,138,000	(5,953,000)	(6,313,000)
Interest rate swap agreements \| Designated as Hedging Instrument
Derivative [Line Items]
Notional amount of derivative	3,100,000,000
Interest rate swap agreements \| Designated as Hedging Instrument \| Cash Flow Hedging
Derivative [Line Items]
Notional amount of derivative	500,000,000
Notional amount of matured hedges	250,000,000
Unrealized gain (loss) on derivatives	$ (49,200,000)	(87,600,000)
Gasoline and diesel fuel agreements \| Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amount, volume \| gal	6.0
Pretax gain recorded (not material in fiscal 2018 and 2017)	$ 4,400,000	$ 1,300,000	$ 4,100,000

Derivative Instruments - Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Cash Flow Hedging \| Interest rate swap agreements \| Designated as Hedging Instrument
Derivative [Line Items]
Gain (loss) on interest rate swap agreements	$ 1,228	$ (110,817)	$ (84,392)

Derivative Instruments - Schedule of Derivative Instruments, Balance Sheet Presentation (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Derivative instruments
Fair value of derivative liabilities	$ 66,579	$ 120,302
Designated as Hedging Instrument
Derivative instruments
Fair value of derivative liabilities	66,552	118,376
Designated as Hedging Instrument \| Interest rate swap agreements \| Accounts Payable
Derivative instruments
Fair value of derivative liabilities	1,541	1,494
Designated as Hedging Instrument \| Interest rate swap agreements \| Other noncurrent liabilities
Derivative instruments
Fair value of derivative liabilities	65,011	116,882
Not Designated as Hedging Instrument \| Foreign currency forward exchange contracts \| Prepayments and other current assets
Derivative instruments
Fair value of derivative assets	2,551	0
Not Designated as Hedging Instrument \| Foreign currency forward exchange contracts \| Accounts Payable
Derivative instruments
Fair value of derivative liabilities	27	121
Not Designated as Hedging Instrument \| Gasoline and diesel fuel agreements \| Accounts Payable
Derivative instruments
Fair value of derivative liabilities	$ 0	$ 1,805

Derivative Instruments - Schedule Summarizes the Location of (Gain) Loss Reclassified from AOCI Into Earnings for Derivatives Designated as Hedging Instruments and the Location of (Gain) Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Derivative instruments
Reclassification adjustments	$ 50,595	$ 34,409	$ (6,484)
(Gain) loss reclassified recognized in income	42,457	40,362	(171)
Designated as Hedging Instrument \| Cash Flow Hedging \| Interest rate swap agreements \| Interest and Other Financing Costs, net
Derivative instruments
Reclassification adjustments	(50,595)	(34,409)	6,484
Not Designated as Hedging Instrument
Derivative instruments
(Gain) loss reclassified recognized in income	(8,138)	5,953	6,313
Not Designated as Hedging Instrument \| Gasoline and diesel fuel agreements
Derivative instruments
(Gain) loss reclassified recognized in income	(4,400)	(1,300)	(4,100)
Not Designated as Hedging Instrument \| Gasoline and diesel fuel agreements \| Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses
Derivative instruments
(Gain) loss reclassified recognized in income	(8,044)	5,768	6,168
Not Designated as Hedging Instrument \| Foreign exchange forward \| Interest and Other Financing Costs, net
Derivative instruments
(Gain) loss reclassified recognized in income	$ (94)	$ 185	$ 145

Revenue Recognition - Narrative (Details) $ in Thousands	12 Months Ended
Revenue Recognition - Narrative (Details) $ in Thousands	Oct. 01, 2021 USD ($) performance_obligation	Oct. 02, 2020 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Number of remaining performance obligations \| performance_obligation	1
Incremental and recoverable costs of obtaining contract, amortization period	8 years 1 month 6 days
Leasehold improvements in property, plant and and equipment	$ 2,038,394	$ 2,050,908
Less: Recognition of deferred income	208,000
Property, Plant and Equipment \| Leasehold Improvements
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Leasehold improvements in property, plant and and equipment	$ 771,500	$ 776,100
Uniform \| Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Other assets, useful life	1 year
Uniform \| Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Other assets, useful life	4 years

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Disaggregation of Revenue [Line Items]
Revenue	$ 12,095,965	$ 12,829,559	$ 16,227,341
Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	8,947,800	9,560,900	12,070,000
FSS United States
Disaggregation of Revenue [Line Items]
Revenue	6,809,300	7,366,700	9,898,600
FSS United States \| Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	6,809,300	7,366,700	9,898,600
FSS United States \| Business & Industry \| Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	695,700	1,097,300	1,587,000
FSS United States \| Education \| Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	2,124,400	2,416,400	3,228,800
FSS United States \| Healthcare \| Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	891,200	824,600	933,500
FSS United States \| Sports, Leisure & Corrections \| Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	1,511,300	1,535,800	2,557,500
FSS United States \| Facilities & Other \| Total FSS United States
Disaggregation of Revenue [Line Items]
Revenue	1,586,700	1,492,600	1,591,800
FSS International
Disaggregation of Revenue [Line Items]
Revenue	2,866,200	2,945,800	3,742,900
FSS International \| Total FSS International
Disaggregation of Revenue [Line Items]
Revenue	2,866,200	2,945,800	3,742,900
FSS International \| Europe
Disaggregation of Revenue [Line Items]
Revenue	1,347,500	1,473,500	2,044,400
FSS International \| Rest of World
Disaggregation of Revenue [Line Items]
Revenue	1,518,700	1,472,300	1,698,500
Uniform
Disaggregation of Revenue [Line Items]
Revenue	$ 2,420,500	$ 2,517,100	$ 2,585,800

Revenue Recognition - Contracted Balances (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Cost of services provided
Disaggregation of Revenue [Line Items]
Capitalized contract cost, amortization	$ 23.9	$ 21.8	$ 20.0
Cost of services provided \| Uniform
Disaggregation of Revenue [Line Items]
Capitalized contract cost, amortization	274.5	325.7	318.2
Cost of services provided \| Operating Lease Right-of-Use Assets
Disaggregation of Revenue [Line Items]
Capitalized contract cost, amortization	25.3	23.1	16.0
Depreciation and amortization
Disaggregation of Revenue [Line Items]
Capitalized contract cost, amortization	20.0	20.8	20.5
Depreciation and amortization \| Property, Plant and Equipment \| Leasehold Improvements
Disaggregation of Revenue [Line Items]
Capitalized contract cost, amortization	$ 131.6	$ 160.8	$ 149.0

Revenue Recognition - Deferred Income (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020
Revenue from Contract with Customer [Abstract]
Deferred income	$ 319.3	$ 263.8
Revenue refunded	$ 53.5

Leases - Narrative (Details) - USD ($)	12 Months Ended
Leases - Narrative (Details) - USD ($)	Oct. 01, 2021	Sep. 27, 2019
Lessee, Lease, Description [Line Items]
Accrued expenses and other current liabilities	$ 0
Rental expense for all operating leases		$ 860,600,000
Minimum
Lessee, Lease, Description [Line Items]
Primary vehicle lease, term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Primary vehicle lease, term	30 years
Maximum potential liability from vehicle leases	$ 28,700,000
Residual value guarantee, value assumptions, terminal fair value of vehicles coming off lease	$ 0
Vehicles \| Minimum
Lessee, Lease, Description [Line Items]
Primary vehicle lease, term	1 year
Vehicles \| Maximum
Lessee, Lease, Description [Line Items]
Primary vehicle lease, term	12 years

Leases - Summary of Operating and Finance Leases on Balance Sheet (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
ASSETS
Operating lease	$ 587,854	$ 551,394
Finance lease	138,368	134,080
Total lease asset	726,222	685,474
Liabilities, Current [Abstract]
Operating	67,280	71,810
Finance	27,829	29,983
Liabilities, Noncurrent [Abstract]
Operating	314,378	341,667
Finance	118,539	112,605
Total lease liabilities	$ 528,026	$ 556,065
Weighted Average Remaining Lease Term [Abstract]
Operating Lease, Weighted Average Remaining Lease Term	8 years 3 months 18 days	8 years 9 months 18 days
Weighted average remaining lease term	8 years 3 months 18 days	8 years 6 months
Lease, Weighted Average Discount Rate [Abstract]
Operating Lease, Weighted Average Discount Rate, Percent	3.70%	3.60%
Finance Lease, Weighted Average Discount Rate, Percent	4.10%	4.20%
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Operating lease
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property and Equipment, net	Property and Equipment, net
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Current maturities of long-term borrowings	Current maturities of long-term borrowings
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-Term Borrowings	Long-Term Borrowings
Operating Lease Right-of-Use Assets
Lease, Weighted Average Discount Rate [Abstract]
Long-term prepaid rent	$ 251,300	$ 193,600

Leases - Schedule of Net Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020
Operating lease cost:
Fixed lease costs	$ 116,934	$ 121,434
Variable lease costs	344,130	392,700
Short-term lease costs	48,288	59,865
Finance lease cost:
Amortization of right-of-use-assets	31,243	30,542
Interest on lease liabilities	4,794	5,319
Net lease cost	545,389	609,860
Operating leases, rent expense	$ 325,300	$ 375,000

Leases - Schedule of Cash Paid for Amounts included in Lease Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases(1)	$ 189,061	$ 144,792
Operating cash flows from finance leases	4,794	5,341
Financing cash flows from finance leases	32,496	34,674
Lease assets obtained in exchange for lease obligations:
Operating leases	61,345	90,533
Finance leases	36,046	29,317
Variable lease payment	304,500	414,000
Short-term lease payments	$ 48,300	$ 59,900

Leases - Schedule of Lease Maturity (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Operating leases
2022	$ 80,265
2023	67,927
2024	55,687
2025	45,422
2026	35,509
Thereafter	164,897
Total future minimum lease payments	449,707
Less: Interest	(68,049)
Present value of lease liabilities	381,658
Finance leases
2022	29,157
2023	24,750
2024	21,960
2025	18,946
2026	15,320
Thereafter	49,816
Total future minimum lease payments	159,949
Less: Interest	(13,581)
Present value of lease liabilities	146,368	$ 142,588
Operating Lease and Finance Lease Liability, Payment Due [Abstract]
2022	109,422
2023	92,677
2024	77,647
2025	64,368
2026	50,829
Thereafter	214,713
Total future minimum lease payments	609,656
Less: Interest	(81,630)
Present value of lease liabilities	$ 528,026

Employee Pension and Profit Sharing Plans - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 220.2	$ 435.1
Settlement gains recognized in other comprehensive loss, before tax	59.1	0.2
Actuarial losses recognized in other comprehensive loss, before tax	6.5	33.1
Amortization of actuarial gains (losses) recognized as net periodic pension cost	3.7	2.3
Expected future employer contributions during next fiscal year	$ 6.3
Equity Funds, Domestic
Defined Benefit Plan Disclosure [Line Items]
Actual plan asset allocations	38.00%
Equity Funds, International
Defined Benefit Plan Disclosure [Line Items]
Actual plan asset allocations	62.00%
United States
Defined Benefit Plan Disclosure [Line Items]
Defined contribution cost recognized	$ 28.1	17.4	$ 41.5
Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Defined contribution cost recognized	$ 15.2	$ 13.7	$ 11.7
Minimum \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Minimum target plan asset allocations	30.00%
Minimum \| Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Minimum target plan asset allocations	40.00%
Minimum \| Real Estate and Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Minimum target plan asset allocations	500.00%
Maximum \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Minimum target plan asset allocations	45.00%
Maximum \| Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Minimum target plan asset allocations	65.00%
Maximum \| Real Estate and Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Minimum target plan asset allocations	15.00%

Employee Pension and Profit Sharing Plans - Schedule of Net Benefit Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Retirement Benefits [Abstract]
Service cost	$ 1,327	$ 2,996	$ 6,391
Interest cost	4,736	9,180	11,287
Expected return on plan assets	(14,003)	(18,883)	(22,970)
Settlement and curtailments	61,706	0	283
Amortization of prior service cost	32	26	104
Recognized net loss	3,829	2,324	1,094
Net periodic pension expense (income)	57,627	(4,357)	(3,811)
Loss on defined benefit pension plan termination	$ 60,864	$ 0	$ 0

Employee Pension and Profit Sharing Plans - Schedule of Defined Benefit Plans Disclosures (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Change in benefit obligation [Roll Forward]:
Benefit obligation, beginning	$ 436,333	$ 401,207
Foreign currency translation	20,853	6,067
Service cost	1,327	2,996	$ 6,391
Interest cost	4,736	9,180	11,287
Employee contributions	110	853
Actuarial loss	(3,663)	32,769
Benefits paid	(15,335)	(16,739)
Settlements and curtailments	(223,411)	0
Benefit obligation, ending	220,950	436,333	401,207
Change in plan assets [Roll Forward]:
Fair value of plan assets, beginning	439,053	425,967
Foreign currency translation	20,698	5,980
Employer contributions	3,572	4,152
Employee contributions	110	853
Actual return on plan assets	16,957	18,840
Benefits paid	(15,335)	(16,739)
Settlements	(226,042)	0
Fair value of plan assets, end	239,013	439,053	$ 425,967
Funded Status at end of year	$ 18,063	$ 2,720

Employee Pension and Profit Sharing Plans - Schedule of Amounts Recognized in Balance Sheet Including Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Retirement Benefits [Abstract]
Noncurrent benefit asset (included in Other Assets)	$ 32,522	$ 16,617
Current benefit liability (included in Accrued expenses and other current liabilities)	(2,605)	0
Noncurrent benefit liability (included in Other Noncurrent Liabilities)	(11,854)	(13,897)
Net actuarial loss (included in Accumulated other comprehensive loss before taxes)	$ 46,464	$ 111,035

- Definition

Amount of asset, recognized in statement of financial position, for overfunded defined benefit pension and other postretirement plans.

+ References + Details

Employee Pension and Profit Sharing Plans - Schedule of Assumptions Used (Details)	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020
Assumptions Used to Calculate Pension Expense [Abstract]
Discount rate	2.50%	2.50%
Rate of compensation increase	0.80%	1.90%
Long-term rate of return on assets	3.30%	4.30%
Assumptions Used to Calculate Funded Status [Abstract]
Discount rate	2.10%	2.40%
Rate of compensation increase	1.60%	2.00%

Employee Pension and Profit Sharing Plans - Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020
Retirement Benefits [Abstract]
Projected benefit obligation	$ 28,656	$ 153,338
Accumulated benefit obligation	$ 28,656	$ 152,729

Employee Pension and Profit Sharing Plans - Schedule of Allocation of Plan Assets (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 239,013	$ 439,053	$ 425,967
Quoted Prices in Active Markets Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23,212	80,789
Significant Other Observable Inputs Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	202,989	347,201
Significant Unobservable Inputs Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	12,812	11,063
Cash and Cash Equivalents and Other \| Quoted Prices in Active Markets Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	20,869	76,072
Investment Trusts \| Quoted Prices in Active Markets Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,343	4,717
Pooled Funds - Equity \| Significant Other Observable Inputs Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	87,832	74,852
Pooled Funds - Fixed Income \| Significant Other Observable Inputs Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	115,157	272,349
Real Estate \| Significant Unobservable Inputs Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	12,812	11,063
Fair Value Disclosure
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	239,013	439,053
Fair Value Disclosure \| Cash and Cash Equivalents and Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	20,869	76,072
Fair Value Disclosure \| Investment Trusts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,343	4,717
Fair Value Disclosure \| Pooled Funds - Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	87,832	74,852
Fair Value Disclosure \| Pooled Funds - Fixed Income
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	115,157	272,349
Fair Value Disclosure \| Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 12,812	$ 11,063

Employee Pension and Profit Sharing Plans - Schedule of Expected Benefit Payments (Details) $ in Thousands	Oct. 01, 2021 USD ($)
Retirement Benefits [Abstract]
Fiscal 2022	$ 24,309
Fiscal 2023	7,210
Fiscal 2024	7,464
Fiscal 2025	7,825
Fiscal 2026	7,702
Fiscal 2027 – 2031	$ 43,625

Employee Pension and Profit Sharing Plans - Schedule of Multiemployer Contributions (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
SEIU National Industry Pension Fund
Multiepmloyer Plans [Line Items]
Percentage of participants covered by CBA	75.00%
Multiemployer Pension Plans
Multiepmloyer Plans [Line Items]
Multiemployer plan, contributions by employer	$ 26,903	$ 30,211	$ 33,561
Multiemployer Pension Plans \| National Retirement Fund
Multiepmloyer Plans [Line Items]
Multiemployer plan, contributions by employer	2,579	3,574	4,130
Multiemployer Pension Plans \| UNITE HERE Retirement Fund
Multiepmloyer Plans [Line Items]
Multiemployer plan, contributions by employer	2,699	3,392	4,531
Multiemployer Pension Plans \| Local 1102 Retirement Trust
Multiepmloyer Plans [Line Items]
Multiemployer plan, contributions by employer	22	66	110
Multiemployer Pension Plans \| Central States SE and SW Areas Pension Plan
Multiepmloyer Plans [Line Items]
Multiemployer plan, contributions by employer	3,994	4,422	4,282
Multiemployer Pension Plans \| Pension Plan for Hospital & Health Care Employees Philadelphia & Vicinity
Multiepmloyer Plans [Line Items]
Multiemployer plan, contributions by employer	354	325	361
Multiemployer Pension Plans \| SEIU National Industry Pension Fund
Multiepmloyer Plans [Line Items]
Multiemployer plan, contributions by employer	750	685	623
Multiemployer Pension Plans \| LUNA National Industrial Pension Fund
Multiepmloyer Plans [Line Items]
Multiemployer plan, contributions by employer	777	674	678
Multiemployer Pension Plans \| Other funds
Multiepmloyer Plans [Line Items]
Multiemployer plan, contributions by employer	$ 15,728	$ 17,073	$ 18,846

Income Taxes - Income (loss) from continuing operations before income taxes by source of income (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Income Tax Disclosure [Abstract]
United States	$ (147,735)	$ (291,436)	$ 418,902
Non-United States	14,883	(356,283)	137,270
(Loss) Income Before Income Taxes	$ (132,852)	$ (647,719)	$ 556,172

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 20
-Section 25
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123384075&loc=d3e41242-110953

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(10))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(8))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 235
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(15))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

+ Details

Income Taxes - Provision (benefit) for income taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Current:
Federal	$ (18,245)	$ (69,399)	$ 8,781
State and local	(1,309)	(4,616)	19,966
Non-United States	22,155	21,779	38,456
Current	2,601	(52,236)	67,203
Deferred:
Federal	(15,364)	(79,054)	35,251
State and local	(11,652)	(19,627)	7,683
Non-United States	(16,218)	(35,367)	(2,431)
Deferred income taxes	(43,234)	(134,048)	40,503
Income tax provision (benefit)	$ (40,633)	$ (186,284)	$ 107,706

Income Taxes - Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Income Tax Disclosure [Abstract]
United States statutory income tax rate	21.00%	21.00%	21.00%
Increase (decrease) in taxes, resulting from:
State income taxes, net of Federal tax benefit	7.70%	3.00%	4.20%
Foreign taxes	6.10%	(0.50%)	2.20%
Foreign goodwill impairment	0.00%	(5.00%)	0.00%
Permanent book/tax differences	(0.40%)	(0.70%)	0.60%
Uncertain tax positions	(2.20%)	0.10%	0.00%
Foreign tax credit valuation allowance	(27.50%)	0.00%	(2.30%)
Stock compensation	0.00%	3.60%	(0.20%)
CARES Act - Carryback rate differential	37.90%	9.80%	0.00%
Divestiture of HCT	0.00%	0.00%	(4.40%)
Canada Defined Benefit Pension Plan Termination	3.00%	0.00%	0.00%
Tax credits & other	1.50%	0.90%	(1.70%)
Effective income tax rate	30.60%	28.80%	19.40%
Foreign valuation allowance, percent	(16.50%)	(3.40%)	0.00%

Income Taxes - Components of Deferred Taxes (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Deferred tax liabilities:
Property and equipment	$ 114,435	$ 183,789
Investments	41,631	13,300
Other intangible assets, including goodwill	544,649	500,447
Cost to fulfill - Rental merchandise in-service	59,188	52,334
Operating Lease Right-of-use Assets	88,824	89,464
Other	26,186	45,589
Gross deferred tax liability	874,913	884,923
Deferred tax assets:
Deferred tax assets:	17,288	30,625
Insurance	18,758	23,784
Employee compensation and benefits	104,980	128,771
Accruals and allowances	32,457	31,218
Operating lease liabilities	97,505	102,259
NOL/credit carryforwards and other	364,751	261,763
Gross deferred tax asset, before valuation allowances	635,739	578,420
Valuation allowances	(97,472)	(38,977)	$ (17,532)
Net deferred tax liability	$ 336,646	$ 345,480

Income Taxes - Schedule of Valuation Allowance Rollforward (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance, beginning of year	$ (38,977)	$ (17,532)
Additions	(58,495)	(21,445)
Balance, end of year	$ (97,472)	$ (38,977)

Income Taxes - Reconciliation of the beginning and ending amount of gross unrecognized tax benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance, beginning of year	$ 34,578	$ 36,272
Additions based on tax positions taken in the current year	355	1,257
Additions for tax positions taken in prior years(1)	32,589	0
Reductions for remeasurements, settlements and payments	(1,573)	(392)
Reductions due to statute expiration	(535)	(2,559)
Balance, end of year	65,414	$ 34,578
Deferred income tax liabilities for a position taken related to reinvestment of certain tax advantaged proceeds	$ 29,400

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes - Narrative (Details) - USD ($) $ in Thousands	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019	Mar. 27, 2020	Mar. 26, 2020
Tax Credit Carryforward [Line Items]
Current (benefit) provision for income taxes	$ 16,700
Tax benefit to the deferred (benefit) provision for income taxes related to a corresponding decrease in deferred tax liabilities	13,800
Net tax expense to the (benefit) provision for income taxes related to unrecognized tax benefits	2,900
Current income tax assets	23,523	$ 123,608
Accrued taxes	300	3,100
Proceeds from income tax refunds	93,600
Operating loss carryforwards	122,200
Deferred tax asset, increase (decrease), amount	(22,000)
Valuation allowances	97,472	38,977	$ 17,532
Decrease in income taxes receivable	1,800
Foreign tax credit carryforwards	223,400
Tax credit carry foward, general business	12,700
Tax credit carryforward, Interest	36,500
Deferred tax payable	336,646	345,480
Gross unrecognized tax benefits	65,414	34,578	36,272
Unrecognized tax benefits that would impact the effective tax rate	36,000
Adjustment in deferred tax liability	29,400
Accrued for interest and penalties	6,600	4,600
Income tax penalties and interest expense	2,000	(800)
Income tax expense (benefit)	(40,633)	(186,284)	$ 107,706
Additions	(58,495)	(21,445)
Net operating loss carried back to Pre-TCJA years	50,300
Tax expense (benefit), share-based payment arrangement, amount	46,200
Undistributed foreign earnings	329,000	251,100
Tax liability on undistributed foreign earnings	19,800	14,800
General Business Tax Credit Carryforward
Tax Credit Carryforward [Line Items]
Tax credit carryforward, amount	12,900
Foreign Tax Authority \| Canada Revenue Agency
Tax Credit Carryforward [Line Items]
Tax adjustments, settlements, and unusual provisions	4,000
State and Local Jurisdiction
Tax Credit Carryforward [Line Items]
Valuation allowances	2,300
CARES Act
Tax Credit Carryforward [Line Items]
Valuation allowances	36,500
Foreign tax credit carryforwards	71,300
Tax credit carry foward, general business	11,000
Allowable percent of adjusted taxable income				50.00%	30.00%
Income tax expense (benefit)	12,000
Additions		58,400
Net operating loss carried back to Pre-TCJA years		63,400
Reserve for NOL carryback, subject to expirataion		5,000
Income taxes receivable	3,700	62,100
CARES Act \| Foreign Tax Authority
Tax Credit Carryforward [Line Items]
Income tax expense (benefit)		65,100
CARES Act \| Domestic Tax Authority
Tax Credit Carryforward [Line Items]
Income tax expense (benefit)		35,900
Deferred Income Taxes and Other Noncurrent Liabilities
Tax Credit Carryforward [Line Items]
Deferred tax payable	383,200	398,800
Other assets
Tax Credit Carryforward [Line Items]
Deferred tax assets	46,600	$ 53,300
Valuation Allowance, Operating Loss Carryforwards
Tax Credit Carryforward [Line Items]
Valuation allowances	$ 60,900

Stockholders' Equity (Details) - USD ($)	12 Months Ended
Stockholders' Equity (Details) - USD ($)	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019	Nov. 15, 2021	Aug. 06, 2019
Class of Stock [Line Items]
Stock repurchase program, authorized amount					$ 200,000,000
Dividends paid	$ 112,010,000	$ 110,893,000	$ 108,439,000
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
Income tax expense (benefit)	$ (40,633,000)	$ (186,284,000)	$ 107,706,000
Total Stockholders' Equity
Class of Stock [Line Items]
Capital contributions from stockholder		14,814,000
Capital Surplus
Class of Stock [Line Items]
Income tax expense (benefit)		$ 4,100,000
Common Stock
Class of Stock [Line Items]
Treasury stock, shares, acquired		300,000	1,600,000
Treasury stock, value acquired		$ 6,500,000	$ 50,000,000
Forecast \| Subsequent Event
Class of Stock [Line Items]
Dividends declared (in dollars per share)				$ 0.11

Share-Based Compensation - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Oct. 02, 2020	Jun. 26, 2020	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019	Feb. 02, 2021	Jan. 29, 2020	Dec. 01, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares authorized (in shares)	600,000,000		600,000,000	600,000,000
Recognized share-based compensation expense			$ 71.1	$ 30.3	$ 55.3
Forfeiture rate	9.00%	6.40%	9.00%
ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense			$ 3.5	0.0	0.0
Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense			0.0	$ (17.8)	$ 9.9
Common Stock \| Second Amended and Restated 2013 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares authorized (in shares)							7,500,000
2013 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized								25,500,000
2018 and 2019 PSU Grants \| Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense			(29.8)
2018 PSU Grants \| Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	100,000			100,000
Recognized share-based compensation expense			$ (6.6)	$ (3.9)
Aramark 2021 ESPP \| ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized						12,500,000

Share-Based Compensation - Schedule of Share-based Compensation by Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense	$ 71,100	$ 30,300	$ 55,300
Taxes related to share-based compensation	22,600	7,200	13,700
Proceeds from issuance of common stock	41,587	90,022	39,087
Tax benefit on option exercises	3,800	46,200	4,800
Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense	15,100	10,800	14,700
Retention Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense	4,600	300	0
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense	46,000	35,100	28,900
Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense	0	(17,800)	9,900
Deferred Stock and Other Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense	1,900	1,900	1,800
ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense	3,500	0	$ 0
2018 and 2019 PSU Grants \| Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense	(29,800)
2018 PSU Grants \| Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense	(6,600)	$ (3,900)
2017 PSU Grants \| Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense	$ (5,200)

Share-Based Compensation - Schedule of Unrecognized Compensation Cost (Details) $ in Millions	12 Months Ended
	Oct. 01, 2021 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost not yet recognized	$ 111.8
Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost not yet recognized	$ 22.7
Compensation cost not yet recognized, period for recognition	1 year 11 months 8 days
Retention Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost not yet recognized	$ 17.8
Compensation cost not yet recognized, period for recognition	3 years 6 months 3 days
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost not yet recognized	$ 71.3
Compensation cost not yet recognized, period for recognition	1 year 11 months 4 days

Share-Based Compensation - Time-Based Options (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	12 Months Ended
	Sep. 30, 2020	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense		$ 71.1	$ 30.3	$ 55.3
Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite service period	3 years
Award vesting period		4 years
Award expiration period		10 years
Expected volatility		40.00%	30.00%	20.00%
Expected life (in years)		6 years 29 days	6 years 2 months 19 days	6 years 3 months
Risk-free interest rate, minimum		0.52%	0.40%	1.62%
Risk-free interest rate, maximum		1.15%	1.74%	3.02%
Weighted-average grant-date fair value (in dollars per share)		$ 13.08	$ 9.07	$ 8.23
Total intrinsic value exercised (in millions)		$ 14.5	$ 114.6	$ 26.8
Total fair value that vested (in millions)		$ 16.0	9.9	16.3
Retention Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility		38.00%
Expected dividend yield		1.55%
Expected life (in years)		7 years
Risk-free interest rate, minimum		0.50%
Weighted-average grant-date fair value (in dollars per share)		$ 3.93
Recognized share-based compensation expense		$ 4.6	0.3	0.0
Performance-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value exercised (in millions)		$ 7.2	$ 34.9	$ 8.9
Minimum \| Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield		1.08%	1.01%	1.17%
Maximum \| Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield		1.25%	2.09%	1.44%

Share-Based Compensation - Schedule of Options Activity (Details) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 01, 2021 USD ($) $ / shares shares
Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Beginning Shares Outstanding (in shares) \| shares	8,719
Granted (in shares) \| shares	162
Exercised (in shares) \| shares	(1,092)
Forfeited and expired (in shares) \| shares	(571)
Ending Shares Outstanding (in shares) \| shares	7,218
Shares exercisable (in shares) \| shares	3,800
Shares Expected to Vest (in shares) \| shares	3,102
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Beginning Weighted-Average Exercise Price (in dollars per share) \| $ / shares	$ 32.45
Granted Weighted-Average Exercise Price (in dollars per share) \| $ / shares	37.32
Exercised Weighted-Average Exercise Price (in dollars per share) \| $ / shares	24.95
Forfeited and expired Weighted-Average Exercise Price (in dollars per share) \| $ / shares	38.02
Ending Weighted-Average Exercise Price (in dollars per share) \| $ / shares	33.25
Weighted average exercise price, exercisable (in dollars per share) \| $ / shares	32.47
Expected to vest Weighted-Average Exercise Price (in dollars per share) \| $ / shares	$ 34.23
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Aggregated Intrinsic Value of Shares Outstanding \| $	$ 31,032
Aggregate Intrinsic Value, Exercisable \| $	17,553
Aggregate Intrinsic Value of Shares Expected to Vest \| $	$ 11,985
Weighted-Average Remaining Term of Shares Outstanding	7 years
Weighted average remaining contractual term, Excercisable	5 years 9 months 18 days
Weighted-Average Remaining Term of Shares Expected to Vest	8 years 4 months 24 days
Retention Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Beginning Shares Outstanding (in shares) \| shares	5,732
Granted (in shares) \| shares	0
Exercised (in shares) \| shares	0
Forfeited and expired (in shares) \| shares	0
Ending Shares Outstanding (in shares) \| shares	5,732
Shares Expected to Vest (in shares) \| shares	4,697
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Beginning Weighted-Average Exercise Price (in dollars per share) \| $ / shares	$ 66.15
Granted Weighted-Average Exercise Price (in dollars per share) \| $ / shares	0
Exercised Weighted-Average Exercise Price (in dollars per share) \| $ / shares	0
Forfeited and expired Weighted-Average Exercise Price (in dollars per share) \| $ / shares	0
Ending Weighted-Average Exercise Price (in dollars per share) \| $ / shares	66.15
Expected to vest Weighted-Average Exercise Price (in dollars per share) \| $ / shares	$ 66.15
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Aggregated Intrinsic Value of Shares Outstanding \| $	$ 387
Aggregate Intrinsic Value of Shares Expected to Vest \| $	$ 318
Weighted-Average Remaining Term of Shares Outstanding	8 years 10 months 24 days
Weighted-Average Remaining Term of Shares Expected to Vest	8 years 10 months 24 days
Performance-Based Options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Beginning Shares Outstanding (in shares) \| shares	306
Granted (in shares) \| shares	0
Exercised (in shares) \| shares	(264)
Forfeited and expired (in shares) \| shares	0
Ending Shares Outstanding (in shares) \| shares	42
Shares exercisable (in shares) \| shares	42
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Beginning Weighted-Average Exercise Price (in dollars per share) \| $ / shares	$ 11.99
Granted Weighted-Average Exercise Price (in dollars per share) \| $ / shares	0
Exercised Weighted-Average Exercise Price (in dollars per share) \| $ / shares	11.82
Forfeited and expired Weighted-Average Exercise Price (in dollars per share) \| $ / shares	0
Ending Weighted-Average Exercise Price (in dollars per share) \| $ / shares	13.00
Weighted average exercise price, exercisable (in dollars per share) \| $ / shares	$ 13.00
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Aggregated Intrinsic Value of Shares Outstanding \| $	$ 963
Aggregate Intrinsic Value, Exercisable \| $	$ 963
Weighted-Average Remaining Term of Shares Outstanding	3 months 18 days
Weighted average remaining contractual term, Excercisable	3 months 18 days

Share-Based Compensation - Performance-Based Options Narrative (Details)	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Performance-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award expiration period	10 years
Performance Stock Units (PSUs) \| 2018 and 2019 Performance Stock Unit Grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			3 years
Performance Stock Units (PSUs) \| 2020 Performance Stock Unit Grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		3 years

Share-Based Compensation - Deferred Stock and Time-Based Units Narrative (Details)	1 Months Ended	12 Months Ended
	Sep. 30, 2020 tranche	Oct. 01, 2021 $ / shares shares
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) \| shares		363,000
Restricted Stock Units (RSUs) \| Share-based Compensation Award, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage	33.00%	25.00%
Deferred Stock and Other Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) \| shares		60,646
Retention Time-Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches \| tranche	6
Exercise price incremental amount (in dollars per share)		$ 10
Retention Time-Based Options \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price (In dollars per share)		35
Retention Time-Based Options \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price (In dollars per share)		$ 85

Share-Based Compensation - Schedule of Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs) shares in Thousands	12 Months Ended
	Oct. 01, 2021 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares) \| shares	4,626
Granted (in shares) \| shares	363
Vested (in shares) \| shares	(1,699)
Forfeited (in shares) \| shares	(276)
Ending balance (in shares) \| shares	3,014
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Date Fair Value, Beginning (in dollars per shares) \| $ / shares	$ 34.08
Weighted Average Grant Date Fair Value, Granted (in dollars per shares) \| $ / shares	37.08
Weighted Average Grant Date Fair Value, Vested (in dollars per shares) \| $ / shares	34.58
Weighted Average Grant Date Fair Value, Forfeited (in dollars per shares) \| $ / shares	34.49
Weighted Average Grant Date Fair Value, Ending (in dollars per shares) \| $ / shares	$ 34.04

Share-Based Compensation - Performance Stock Units Activity (Details) - Performance Stock Units (PSUs) - $ / shares shares in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares)	1,315
Granted (in shares)	0
Vested (in shares)	0
Forfeited (in shares)	(263)
Ending balance (in shares)	1,052	1,315
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Date Fair Value, Beginning (in dollars per shares)	$ 37.61
Weighted Average Grant Date Fair Value, Granted (in dollars per shares)	0
Weighted Average Grant Date Fair Value, Vested (in dollars per shares)	0
Weighted Average Grant Date Fair Value, Forfeited (in dollars per shares)	36.71
Weighted Average Grant Date Fair Value, Ending (in dollars per shares)	$ 39.62	$ 37.61
2018 and 2019 Performance Stock Unit Grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			3 years
2020 Performance Stock Unit Grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		3 years

Share-Based Compensation - Employee Stock Purchase Plan (Details) - Aramark 2021 ESPP - ESPP	Feb. 02, 2021 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum employee subscription rate	10.00%
Purchase price of common stock, percent	85.00%
Number of shares authorized	12,500,000
Shares issued in period (in shares)	500,000

Earnings Per Share - (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
(Loss) Earnings:
Net income attributable to Aramark stockholders	$ (90,833)	$ (461,529)	$ 448,549
Shares:
Basic weighted-average shares outstanding	254,748	251,828	246,854
Effect of dilutive securities (in shares)	0	0	5,156
Diluted weighted-average shares outstanding	254,748	251,828	252,010
Basic (Loss) Earnings Per Share:
Net income attributable to Aramark stockholders (in dollars per share)	$ (0.36)	$ (1.83)	$ 1.82
Diluted (Loss) Earnings Per Share:
Net income attributable to Aramark stockholders (in dollars per share)	$ (0.36)	$ (1.83)	$ 1.78

Earnings Per Share - Narrative (Details) - shares shares in Millions	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS (in shares)	2.0	2.3
Share-based Compensation Award
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS (in shares)	8.8	7.7	5.2
Performance Stock Units (PSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS (in shares)	0.6	1.1	1.3
Nonvested options forfeited as performance targets were not met (in shares)	0.4

Commitments And Contingencies - Narrative (Details) $ in Millions	12 Months Ended
	Oct. 01, 2021 USD ($)	Sep. 27, 2019 USD ($) lawsuit	Nov. 30, 2019 USD ($)
Loss Contingencies [Line Items]
Capital and other purchase commitments	$ 612.3
Letters of credit outstanding	120.5
Separation costs	9.0
Pending Litigation
Loss Contingencies [Line Items]
Accrued estimate of possible loss	19.1
Minimum
Loss Contingencies [Line Items]
Number of class action lawsuits \| lawsuit		2
Accrued Payroll and Related Expenses
Loss Contingencies [Line Items]
Separation costs	(16.3)
Accrued Expenses and Other Current Liabilities
Loss Contingencies [Line Items]
Accrued estimate of possible loss			$ 21.0
Employee Severance and Other Costs
Loss Contingencies [Line Items]
Separation costs		$ 18.7
Employee Severance and Other Costs \| Accrued Payroll and Related Expenses
Loss Contingencies [Line Items]
Separation costs	0.0
Employee Severance and Other Costs \| Accrued Payroll and Related Expenses \| Chairman, President and Chief Executive Officer
Loss Contingencies [Line Items]
Separation costs	$ 0.0	10.4
Cost of services provided
Loss Contingencies [Line Items]
Litigation settlement expense		12.0
Selling, General Expenses
Loss Contingencies [Line Items]
Litigation settlement expense		$ 9.0

Business Segments (Details) $ in Thousands	12 Months Ended
Business Segments (Details) $ in Thousands	Oct. 01, 2021 USD ($) segment	Oct. 02, 2020 USD ($)	Sep. 27, 2019 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments \| segment	3
Net expense reduction	$ 9,000
Revenue	12,095,965	$ 12,829,559	$ 16,227,341
Operating Income (Loss)	191,444	(264,919)	891,159
Gain on Equity Investment	(137,934)	0	0
Loss on Defined Benefit Pension Plan Termination	60,864	0	0
Interest and Other Financing Costs, net	(401,366)	(382,800)	(334,987)
(Loss) Income Before Income Taxes	(132,852)	(647,719)	556,172
Depreciation and amortization	550,692	595,195	592,573
Capital expenditures and client contract investments and other	411,600	419,800	506,400
Assets	14,376,164	15,712,684
Property and Equipment, net	2,038,394	2,050,908
Goodwill impairment	0	198,600	0
Share-based Payment Arrangement, Expense	(71,100)	(30,300)	(55,300)
United States
Segment Reporting Information [Line Items]
Revenue	8,947,800	9,560,900	12,070,000
Property and Equipment, net	1,755,200	1,759,200
Foreign
Segment Reporting Information [Line Items]
Revenue	3,148,200	3,268,700	4,157,300
Property and Equipment, net	283,200	291,700
Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| COVID-Related Severance
Segment Reporting Information [Line Items]
Net expense reduction		145,800
FSS United States
Segment Reporting Information [Line Items]
Revenue	6,809,300	7,366,700	9,898,600
FSS United States \| United States
Segment Reporting Information [Line Items]
Revenue	6,809,300	7,366,700	9,898,600
FSS United States \| Cost of services provided
Segment Reporting Information [Line Items]
Gain on investments	10,000	15,300
FSS United States \| Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| COVID-Related Severance
Segment Reporting Information [Line Items]
Net expense reduction		51,800
FSS International
Segment Reporting Information [Line Items]
Revenue	2,866,200	2,945,800	3,742,900
Goodwill impairment		198,600
FSS International \| Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| COVID-Related Severance
Segment Reporting Information [Line Items]
Net expense reduction		87,300
Uniform
Segment Reporting Information [Line Items]
Revenue	2,420,500	2,517,100	2,585,800
Uniform \| Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| COVID-Related Severance
Segment Reporting Information [Line Items]
Net expense reduction		4,900
Operating Segments
Segment Reporting Information [Line Items]
Operating Income (Loss)	310,800	(167,400)	1,050,800
Operating Segments \| FSS United States
Segment Reporting Information [Line Items]
Operating Income (Loss)	131,800	5,300	716,800
Depreciation and amortization	347,400	379,200	381,600
Capital expenditures and client contract investments and other	261,800	310,000	375,900
Assets	8,905,500	8,171,600
Operating Segments \| FSS International
Segment Reporting Information [Line Items]
Operating Income (Loss)	58,200	(344,200)	142,700
Depreciation and amortization	69,400	76,200	69,400
Capital expenditures and client contract investments and other	59,300	48,900	69,400
Assets	2,028,200	1,963,200
Operating Segments \| Uniform
Segment Reporting Information [Line Items]
Operating Income (Loss)	120,800	171,500	191,300
Depreciation and amortization	133,300	137,200	138,700
Capital expenditures and client contract investments and other	90,300	58,800	61,000
Assets	3,200,800	3,159,900
Corporate, Non-Segment
Segment Reporting Information [Line Items]
Operating Income (Loss)	(119,400)	(97,500)	(159,600)
Depreciation and amortization	600	2,600	2,900
Capital expenditures and client contract investments and other	200	2,100	100
Assets	241,700	2,418,000
Corporate, Non-Segment \| Cost of services provided (exclusive of depreciation and amortization)/ Selling and general corporate expenses \| COVID-Related Severance
Segment Reporting Information [Line Items]
Net expense reduction		1,800
Segment Reconciling Items
Segment Reporting Information [Line Items]
Gain on Equity Investment	(137,900)	0	0
Loss on Defined Benefit Pension Plan Termination	60,900	0	0
Interest and Other Financing Costs, net	401,300	382,800	335,000
(Loss) Income Before Income Taxes	(132,900)	(647,700)	556,200
Facilities & Other \| FSS United States \| United States
Segment Reporting Information [Line Items]
Revenue	$ 1,586,700	$ 1,492,600	$ 1,591,800
Product Concentration Risk \| Food Services \| Sales Revenue, Segment
Segment Reporting Information [Line Items]
Concentration risk, percentage	71.00%
Product Concentration Risk \| Facilities & Other \| Sales Revenue, Segment
Segment Reporting Information [Line Items]
Concentration risk, percentage	29.00%

Fair Value of Financial Assets and Financial Liabilities (Details) - USD ($) $ in Millions	Oct. 01, 2021	Jun. 04, 2021	Oct. 02, 2020
Next Level Hospitality
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$ 78.4	$ 78.4
Fair Value Disclosure \| Financial assets and liabilities measured on a recurring basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	7,580.7		$ 9,260.0
Carrying (Reported) Amount, Fair Value Disclosure
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of debt	$ 7,452.3		$ 9,278.4

- Definition

+ References + Details

Schedule II - Valuation and Qualifying Accounts and Reserves (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 01, 2021	Oct. 02, 2020	Sep. 27, 2019
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Additions	$ 58,495	$ 21,445
Reserve for Doubtful Accounts, Advances and Current Notes Receivable
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance, Beginning of Period	74,925	49,566	$ 52,682
Additions	13,544	64,655	21,821
Subtractions	8,825	39,296	24,937
Balance, End of Period	$ 79,644	$ 74,925	$ 49,566