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FINANCIAL DERIVATIVES AND HEDGING ACTIVITIES (Tables)
12 Months Ended
Sep. 28, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The following table shows the notional amounts of outstanding foreign currency contracts entered into under its balance sheet hedge program as of September 28, 2018:
 
Notional Value of Derivatives not Designated as Hedging Instruments:
In millions
Buy contracts
 
Sell contract
Japanese yen
$
1.3

 
$

British pound sterling

 
1.6

Swiss franc

 
1.6

Chinese renminbi
3.6

 

Euro

 
3.5

 
$
4.9

 
$
6.7

As of September 28, 2018, the Company had the following outstanding derivatives designated as hedging instruments:
(In millions, except for number of instruments)
Number of Instruments
 
Notional Value
Interest Rate Swap Contracts
6
 
$
277.5

Schedule of Interest Rate Derivative Instruments
The following table summarizes the amount of income recognized from derivative instruments for the periods indicated and the line items in the accompanying statements of operations where the results are recorded for cash flow hedges:
 
Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion)
Fiscal Year Ended
 
Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
Fiscal Year Ended
 
Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)
 
Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)
Fiscal Year Ended
(In millions)
2018
 
2017
 
2016
 
 
2018
 
2017
 
2016
 
 
2018
 
2017
 
2016
Interest Rate Swap Contracts
$
6.9

 
$
0.6

 
$

 
Interest expense
 
$
0.1

 
$
(0.3
)
 
$

 
Interest expense
 
$

 
$

 
$

The Company expects that approximately $2.2 million recorded as a component of accumulated other comprehensive income (loss) will be realized in the statements of comprehensive earnings over the next 12 months and the amount will vary depending on interest rates.
These derivative instruments are subject to master netting agreements giving effect to rights of offset with each counterparty. The following table summarizes the fair values of derivative instruments as of the periods indicated and the line items in the accompanying consolidated balance sheets where the instruments are recorded:
 
Derivative Assets
 
Derivative Liabilities
(In millions)
 
 
September 28, 2018
 
September 29, 2017
 
 
 
September 28, 2018
 
September 29, 2017
Derivatives designated as cash flow hedges
Balance sheet location
 
 
 
 
 
Balance sheet location
 
 
 
 
Interest rate swap contracts
Other current assets
 
$
2.2

 
$

 
Other current liabilities
 
$

 
$
(0.6
)
Interest rate swap contracts
Other non-current assets
 
5.5

 
1.6

 
Other non-current liabilities
 

 

 
 
 
$
7.7

 
$
1.6

 
 
 
$

 
$
(0.6
)