Property, plant and equipment consists of:
September 27,
2025
September 28,
2024
Land$33,872 $32,270 
Buildings and improvements737,053 698,333 
Machinery and equipment981,157 901,643 
Computer equipment and software253,924 237,604 
Property, plant and equipment, at cost2,006,006 1,869,850 
Less accumulated depreciation and amortization(986,100)(941,262)
Property, plant and equipment, net$1,019,906 $928,588 

Historical Timeline

Fiscal YearFiled
2025Nov 26, 2025Showing above
2024Nov 27, 2024
2023Nov 14, 2023
2022Nov 14, 2022
2021Nov 15, 2021
2020Nov 17, 2020
2019Nov 12, 2019
2018Nov 13, 2018
2017Nov 14, 2017
2016Nov 14, 2016
2015Nov 16, 2015

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.