Leases (Tables)

12 Months Ended

Sep. 27, 2024

Leases [Abstract]

Operating Lease Activity

Supplemental cash information and non-cash activities related to operating leases are as follows (in millions):

	Fiscal Year Ended
	September 27, 2024		September 29, 2023		September 30, 2022
Operating cash outflows from operating leases	$	35.4	$	34.0	$	32.0
Operating lease assets obtained in exchange for new lease liabilities	$	16.2	$	11.1	$	84.6

Operating Lease Liabilities

Operating leases are classified as follows (in millions):

	As of
	September 27, 2024		September 29, 2023
Other current liabilities	$	20.2	$	28.3
Long-term operating lease liabilities	185.9		188.7
Total lease liabilities	$	206.1	$	217.0

Operating Lease Liabilities, Maturity

Maturities of lease liabilities under operating leases by fiscal year are as follows (in millions):

	As of
	September 27, 2024
2025	$	20.0
2026	32.4
2027	31.0
2028	28.4
2029	26.1
Thereafter	102.4
Total lease payments	240.3
Less: imputed interest	(34.2)
Present value of lease liabilities	206.1
Less: current portion (included in other current liabilities)	(20.2)
Long-term operating lease liabilities	$	185.9

Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate

Weighted-average remaining lease term and discount rate related to operating leases are as follows:

	As of
	September 27, 2024		September 29, 2023
Weighted-average remaining lease term (in years)	11.9		12.3
Weighted-average discount rate	3.7	%	3.6	%