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Equity
 3 Months Ended
Dec. 27, 2015
Equity [Abstract]  
Equity
Equity
Changes in total equity (in millions):
 
Quarter Ended
 
Dec 27, 2015
 
Dec 28, 2014
 
Attributable to Starbucks
 
Noncontrolling interest
 
Total Equity
 
Attributable to Starbucks
 
Noncontrolling interest
 
Total Equity
Beginning balance of total equity
$
5,818.0

 
$
1.8

 
$
5,819.8

 
$
5,272.0

 
$
1.7

 
$
5,273.7

Net earnings including noncontrolling interests
687.6

 
0.1

 
687.7

 
983.1

 
1.4

 
984.5

Translation adjustment, net of reclassifications and tax
(24.4
)
 
—

 
(24.4
)
 
(106.5
)
 
(31.8
)
 
(138.3
)
Unrealized gains/(losses), net of reclassifications and tax
(1.3
)
 
—

 
(1.3
)
 
(15.8
)
 
—

 
(15.8
)
Other comprehensive income/(loss)
(25.7
)
 
—

 
(25.7
)
 
(122.3
)
 
(31.8
)
 
(154.1
)
Stock-based compensation expense
57.9

 
—

 
57.9

 
52.5

 
—

 
52.5

Exercise of stock options/vesting of RSUs
7.8

 
—

 
7.8

 
40.2

 
—

 
40.2

Sale of common stock
0.1

 
—

 
0.1

 
5.5

 
—

 
5.5

Repurchase of common stock
(267.1
)
 
—

 
(267.1
)
 
(216.1
)
 
—

 
(216.1
)
Cash dividends declared
(297.1
)
 
—

 
(297.1
)
 
(239.5
)
 
—

 
(239.5
)
Noncontrolling interest resulting from acquisition
—

 
—

 
—

 
—

 
411.1

 
411.1

Ending balance of total equity
$
5,981.5

 
$
1.9

 
$
5,983.4

 
$
5,775.4

 
$
382.4

 
$
6,157.8


Changes in accumulated other comprehensive income ("AOCI") by component, net of tax (in millions):
Quarter Ended
 
 Available-for-Sale Securities
 
 Cash Flow Hedges
 
 Net Investment Hedges
 
Translation Adjustment
 
Total
December 27, 2015
 
 
 
 
 
 
 
 
 
Net gains/(losses) in AOCI, beginning of period
$
(0.1
)
 
$
25.6

 
$
1.3

 
$
(226.2
)
 
$
(199.4
)
Net gains/(losses) recognized in OCI before reclassifications
0.6

 
3.1

 
—

 
(24.4
)
 
(20.7
)
Net (gains)/losses reclassified from AOCI to earnings
0.3

 
(5.3
)
 
—

 
—

 
(5.0
)
Other comprehensive income/(loss) attributable to Starbucks
0.9

 
(2.2
)
 
—

 
(24.4
)
 
(25.7
)
Net gains/(losses) in AOCI, end of period
$
0.8

 
$
23.4

 
$
1.3

 
$
(250.6
)
 
$
(225.1
)
 
 
 
 
 
 
 
 
 
 
December 28, 2014
 
 
 
 
 
 
 
 
 
Net gains/(losses) in AOCI, beginning of period
$
(0.4
)
 
$
46.3

 
$
3.2

 
$
(23.8
)
 
$
25.3

Net gains/(losses) recognized in OCI before reclassifications
(0.4
)
 
38.8

 
2.7

 
(120.8
)
 
(79.7
)
Net (gains)/losses reclassified from AOCI to earnings
(0.1
)
 
(52.2
)
 
(4.6
)
 
14.3

 
(42.6
)
Other comprehensive income/(loss) attributable to Starbucks
(0.5
)
 
(13.4
)
 
(1.9
)
 
(106.5
)
 
(122.3
)
Net gains/(losses) in AOCI, end of period
$
(0.9
)
 
$
32.9

 
$
1.3

 
$
(130.3
)
 
$
(97.0
)
 
 
 
 
 
 
 
 
 
 

Impact of reclassifications from AOCI on the consolidated statements of earnings (in millions):
Quarter Ended
AOCI
Components
 
Amounts Reclassified from AOCI
 
Affected Line Item in
the Statements of Earnings
 
Dec 27, 2015
 
Dec 28, 2014
 
Gains/(losses) on cash flow hedges
 
 
 
 
 
 
Interest rate hedges
 
$
1.5

 
$
1.3

 
Interest expense
Cross-currency swaps
 
(1.8
)
 
63.1

 
Interest income and other, net
Foreign currency hedges
 
3.1

 
2.5

 
Revenues
Foreign currency/coffee hedges
 
5.3

 
(0.2
)
 
Cost of sales including occupancy costs
Gains/(losses) on net investment hedges(1)
 
—

 
7.2

 
Gain resulting from acquisition of joint venture
Translation adjustment(2)
 
 
 
 
 
 
Starbucks Japan
 
—

 
(7.2
)
 
Gain resulting from acquisition of joint venture
Other
 
—

 
(7.1
)
 
Interest income and other, net
 
 
8.1

 
59.6

 
Total before tax
 
 
(2.8
)
 
(17.1
)
 
Tax (expense)/benefit
 
 
$
5.3

 
$
42.5

 
Net of tax
 
 
 
 
 
 
 
(1) 
Release of pretax cumulative net gains in AOCI related to our net investment derivative instruments used to hedge our preexisting 39.5% equity method investment in Starbucks Japan.
(2) 
Release of cumulative translation adjustments to earnings upon sale or liquidation of foreign business.
As discussed in Note 1, Summary of Significant Accounting Policies, on April 9, 2015, we effected a two-for-one stock split of our $0.001 par value common stock for shareholders of record as of March 30, 2015. All share data presented in this note has been retroactively adjusted to reflect this stock split.
In addition to 2.4 billion shares of authorized common stock with $0.001 par value per share, the Company has authorized 7.5 million shares of preferred stock, none of which was outstanding as of December 27, 2015.
We repurchased 4.5 million shares of common stock at a total cost of $267.1 million, and 5.6 million shares at a total cost of $216.1 million for the quarter ended December 27, 2015 and December 28, 2014, respectively. As of December 27, 2015, 48.3 million shares remained available for repurchase under current authorizations.
During the first quarter of fiscal 2016, our Board of Directors declared a quarterly cash dividend to shareholders of $0.20 per share to be paid on February 19, 2016 to shareholders of record as of the close of business on February 4, 2016.