XML 44 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value (Tables)
12 Months Ended
Sep. 29, 2017
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
Assets and liabilities recorded at fair value on a recurring basis consisted of the following (in millions):     
 
As of September 29, 2017
 
As of September 30, 2016
 
 
 
Fair Value Measurements
 
 
 
Fair Value Measurements
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market funds
$
592.6

 
$
592.6

 
$

 
$

 
$
408.7

 
$
408.7

 
$

 
$

Auction rate security

 

 

 

 
2.3

 

 

 
2.3

Total
$
592.6

 
$
592.6

 
$

 
$

 
$
411.0

 
$
408.7

 
$

 
$
2.3

Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent consideration liability recorded for business combinations
11.9

 

 

 
11.9

 
7.9

 

 

 
7.9

Total
$
11.9

 
$

 
$

 
$
11.9

 
$
7.9

 
$

 
$

 
$
7.9


Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation
The following table summarizes changes to the fair value of the Level 3 assets (in millions):
 
Auction rate security
Balance as of September 30, 2016
$
2.3

Decreases in Level 3 assets
(2.3
)
Balance as of September 29, 2017
$

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table summarizes changes to the fair value of the Level 3 liabilities (in millions):
 
Contingent consideration
Balance as of September 30, 2016
$
7.9

Increases to Level 3 liabilities
10.7

Changes in fair value included in earnings
(1.3
)
Decreases of Level 3 liabilities
(5.4
)
Balance as of September 29, 2017
$
11.9