EMPLOYEE BENEFIT PLANS

9 Months Ended

Jul. 04, 2021

Retirement Benefits [Abstract]

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

The net periodic benefit cost for defined benefit plans for the three and nine month periods ended July 4, 2021 and June 28, 2020 are as follows:

	U.S. Plans				Non U.S. Plans
(in millions)	July 4, 2021		June 28, 2020		July 4, 2021		June 28, 2020
Three Month Periods Ended
Service cost	$	0.1	$	0.2	$	0.5	$	0.6
Interest cost	0.5		0.5		0.6		0.6
Expected return on assets	(0.9)		(1.0)		(1.0)		(0.9)
Recognized net actuarial loss	0.3		0.2		0.8		0.8
Net periodic benefit cost	$	—	$	(0.1)	$	0.9	$	1.1
Nine Month Periods Ended
Service cost	$	0.4	$	0.5	$	1.6	$	1.7
Interest cost	1.3		1.6		1.8		1.7
Expected return on assets	(2.8)		(3.1)		(2.9)		(2.8)
Settlement and curtailment	—		0.9		—		—
Recognized net actuarial loss	1.1		0.7		2.2		2.4
Net periodic benefit cost	$	—	$	0.6	$	2.7	$	3.0
Weighted average assumptions
Discount rate	2.46%		3.07%		0.50 - 6.90%		0.75 - 7.70%
Expected return on plan assets	6.00%		6.50%		0.50 - 3.40%		0.75 - 3.40%
Rate of compensation increase	N/A		N/A		2.25 - 6.00%		2.25 - 6.00%

Contributions to our pension and defined benefit plans, including discretionary amounts, for the three month periods ended July 4, 2021 and June 28, 2020 were $1.7 million and $0.8 million, respectively; and for the nine month periods ended July 4, 2021 and June 28, 2020, were $6.5 million and $2.3 million, respectively.