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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 27, 2024
Sep. 29, 2023
Current assets:    
Cash and cash equivalents $ 1,368.6 $ 718.8
Marketable securities, current 194.1 15.6
Receivables, net of allowances of $0.9 and $0.8, respectively 508.8 864.3
Inventory 784.8 1,119.7
Other current assets 484.7 461.1
Total current assets 3,341.0 3,179.5
Property, plant, and equipment, net 1,280.3 1,390.1
Operating lease right-of-use assets 191.6 205.4
Goodwill 2,176.7 2,176.7
Intangible assets, net 900.5 1,222.1
Deferred tax assets, net 303.5 192.3
Marketable securities, noncurrent 11.4 4.1
Other long-term assets 78.3 56.5
Total assets 8,283.3 8,426.7
Current liabilities:    
Accounts payable 171.8 159.2
Accrued compensation and benefits 127.9 94.3
Current portion of long-term debt 0.0 299.4
Other current liabilities 303.0 402.8
Total current liabilities 602.7 955.7
Long-term debt 994.3 992.9
Long-term tax liabilities 127.9 162.8
Long-term operating lease liabilities 185.9 188.7
Other long-term liabilities 35.8 43.9
Total liabilities 1,946.6 2,344.0
Stockholders’ equity:    
Preferred stock, no par value: 25.0 shares authorized, no shares issued 0.0 0.0
Common stock, $0.25 par value: 525.0 shares authorized; 159.9 shares issued and outstanding at September 27, 2024, and 159.5 shares issued and outstanding at September 29, 2023 40.0 39.9
Additional paid-in capital 269.4 172.4
Retained earnings 6,032.9 5,876.0
Accumulated other comprehensive loss (5.6) (5.6)
Total stockholders’ equity 6,336.7 6,082.7
Total liabilities and stockholders’ equity $ 8,283.3 $ 8,426.7