XML 75 R56.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Debt (Details)
3 Months Ended 12 Months Ended
Apr. 23, 2024
USD ($)
Sep. 29, 2020
USD ($)
Jun. 11, 2020
USD ($)
Jul. 16, 2018
Mar. 30, 2024
USD ($)
Mar. 30, 2024
USD ($)
Apr. 01, 2023
USD ($)
Apr. 02, 2022
USD ($)
Sep. 30, 2023
Apr. 06, 2022
Dec. 14, 2021
USD ($)
Dec. 20, 2019
USD ($)
Sep. 30, 2019
USD ($)
Debt Instrument [Line Items]                          
Total long-term debt         $ 1,549,272,000 $ 1,549,272,000 $ 2,048,073,000            
Interest Expense, Borrowings           72,100,000 72,300,000 $ 67,000,000          
Long-term Debt, Current Maturities         438,740,000 438,740,000 310,000            
Net carrying amount of debt         1,549,272,000 1,549,272,000 2,048,073,000            
Unamortized premium and issuance costs, net         1,726,000 1,726,000 3,283,000            
Debt, Long-Term and Short-Term, Combined Amount         1,988,012,000 1,988,012,000 2,048,383,000            
Senior Notes Due 2029 4.375% [Member]                          
Debt Instrument [Line Items]                          
Total long-term debt         850,000,000 850,000,000 850,000,000            
Interest Paid, Including Capitalized Interest, Operating and Investing Activities           37,200,000              
Debt Instrument, Face Amount     $ 300,000,000                 $ 200,000,000 $ 350,000,000
Debt Instrument, Interest Rate, Stated Percentage                         4.375%
Long-term Debt, Fair Value         797,600,000 797,600,000 785,900,000            
Debt Instrument, Redemption Price, Percentage     104.375%                    
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed       35.00%                  
Interest paid           37,200,000              
Net carrying amount of debt         850,000,000 850,000,000 850,000,000            
Debt Instrument, Redemption Price, Percentage, Excluding Make-Whole Premium     1                    
Credit Agreement [Member]                          
Debt Instrument [Line Items]                          
debt instrument, covenant, Consolidated Leverage Ratio                 4.00        
Finance leases [Member]                          
Debt Instrument [Line Items]                          
Total long-term debt         0 0 1,666,000            
Net carrying amount of debt         0 0 1,666,000            
3.375% Senior Notes due 2031                          
Debt Instrument [Line Items]                          
Total long-term debt         700,000,000 700,000,000 700,000,000            
Interest Paid, Including Capitalized Interest, Operating and Investing Activities           11,800,000 23,600,000 23,600,000          
Debt Instrument, Face Amount   $ 700,000,000                      
Debt Instrument, Interest Rate, Stated Percentage   3.375%                      
Long-term Debt, Fair Value         603,800,000 603,800,000 565,300,000            
Debt Instrument, Redemption Price, Percentage   103.375%                      
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed   40.00%                      
Interest paid           11,800,000 23,600,000 23,600,000          
Net carrying amount of debt         700,000,000 700,000,000 700,000,000            
Debt Instrument, Redemption Price, Percentage, Excluding Make-Whole Premium   1                      
Senior Notes Due 2024 1.750%                          
Debt Instrument [Line Items]                          
Total long-term debt         439,738,000 439,738,000 500,000,000            
Interest Paid, Including Capitalized Interest, Operating and Investing Activities           8,600,000 8,800,000            
Debt Instrument, Face Amount         439,700,000 439,700,000         $ 500,000,000    
Debt Instrument, Interest Rate, Stated Percentage                     1.75%    
Long-term Debt, Fair Value         426,900,000 426,900,000 464,200,000            
Interest paid           8,600,000 8,800,000            
Net carrying amount of debt         439,738,000 439,738,000 500,000,000            
Debt Instrument, Repurchased Face Amount         $ 60,300,000 60,300,000              
Senior Notes                          
Debt Instrument [Line Items]                          
Interest Costs Capitalized           $ 2,900,000 $ 3,900,000 $ 3,700,000          
2024 Credit Agreement                          
Debt Instrument [Line Items]                          
debt instrument, covenant, Consolidated Leverage Ratio         3.50 3.50              
Gain (Loss) on Repurchase of Debt Instrument         $ 1,800,000                
2024 Credit Agreement | Federal Funds Rate | Subsequent Event                          
Debt Instrument [Line Items]                          
Debt Instrument, Basis Spread on Variable Rate 0.50%                        
2024 Credit Agreement | Base Rate                          
Debt Instrument [Line Items]                          
Debt Instrument, Interest Rate, Stated Percentage                   0.25%      
2024 Credit Agreement | Base Rate | Subsequent Event                          
Debt Instrument [Line Items]                          
Debt Instrument, Basis Spread on Variable Rate 1.00%                        
2024 Credit Agreement | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                          
Debt Instrument [Line Items]                          
Debt Instrument, Interest Rate, Stated Percentage                   1.25%      
2024 Credit Agreement | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Subsequent Event                          
Debt Instrument [Line Items]                          
Debt Instrument, Basis Spread on Variable Rate 0.10%                        
2024 Credit Agreement | Maximum | Base Rate                          
Debt Instrument [Line Items]                          
Debt Instrument, Interest Rate, Stated Percentage                   0.75%      
2024 Credit Agreement | Maximum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                          
Debt Instrument [Line Items]                          
Debt Instrument, Interest Rate, Stated Percentage                   1.75%      
2024 Credit Agreement | Maximum | Loan Purchase Commitments | Subsequent Event                          
Debt Instrument [Line Items]                          
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage 0.275%                        
2024 Credit Agreement | Minimum | Base Rate                          
Debt Instrument [Line Items]                          
Debt Instrument, Interest Rate, Stated Percentage                   0.00%      
2024 Credit Agreement | Minimum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Subsequent Event                          
Debt Instrument [Line Items]                          
Debt Instrument, Interest Rate, Stated Percentage 1.00%                        
2024 Credit Agreement | Minimum | Loan Purchase Commitments | Subsequent Event                          
Debt Instrument [Line Items]                          
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage 0.125%                        
Revolving Credit Facility | Credit Agreement [Member]                          
Debt Instrument [Line Items]                          
Proceeds from Lines of Credit           $ 0              
Business Combination, Consideration Transferred           $ 300,000,000              
Revolving Credit Facility | 2024 Credit Agreement | Subsequent Event                          
Debt Instrument [Line Items]                          
Line of Credit Facility, Maximum Borrowing Capacity $ 325,000,000                        
Revolving Credit Facility | 2024 Credit Agreement | Swing line advances | Subsequent Event                          
Debt Instrument [Line Items]                          
Line of Credit Facility, Maximum Borrowing Capacity 10,000,000                        
Revolving Credit Facility | 2024 Credit Agreement | Standby Letters of Credit | Subsequent Event                          
Debt Instrument [Line Items]                          
Line of Credit Facility, Maximum Borrowing Capacity $ 25,000,000