XML 32 R21.htm IDEA: XBRL DOCUMENT v3.3.1.900
Derivative Financial Instruments (Tables)
 3 Months Ended
Dec. 27, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Gains and Losses Included in AOCI and Expected to be Reclassified into Earnings in 12 Months, Net of Tax
Gains and losses on derivative contracts designated as hedging instruments included in AOCI and expected to be reclassified into earnings within 12 months, net of tax (in millions):
 
Net Gains/(Losses)
Included in AOCI
 
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months
 
Outstanding Contract Remaining Maturity
(Months)
 
Dec 27,
2015
 
Sep 27,
2015
 
 
Cash Flow Hedges:
 
 
 
 
 
 
 
Interest rates
$
31.2

 
$
30.1

 
$
3.5

 
1
Cross-currency swaps
(30.8
)
 
(27.8
)
 
—

 
108
Foreign currency - other
29.7

 
29.0

 
19.6

 
35
Coffee
(6.7
)
 
(5.7
)
 
(5.7
)
 
9
Net Investment Hedges:
 
 
 
 
 
 
 
Foreign currency
1.3

 
1.3

 
—

 
0
Pretax Gains and Losses on Derivative Contracts Designated as Hedging Instruments Recognized in OCI and Reclassifications from AOCI to Earnings
Pretax gains and losses on derivative contracts designated as hedging instruments recognized in other comprehensive income ("OCI") and reclassifications from AOCI to earnings (in millions):
 
Quarter Ended
 
Gains/(Losses) Recognized in
OCI Before Reclassifications
 
Gains/(Losses) Reclassified from AOCI to Earnings
 
Dec 27,
2015
 
Dec 28,
2014
 
Dec 27,
2015
 
Dec 28,
2014
Cash Flow Hedges:
 
 
 
 
 
 
 
Interest rates
$
3.1

 
$
0.3

 
$
1.5

 
$
1.3

Cross-currency swaps
(5.3
)
 
37.8

 
(1.8
)
 
63.1

Foreign currency - other
9.3

 
16.4

 
8.5

 
3.9

Coffee
(1.3
)
 
(2.8
)
 
(0.1
)
 
(1.6
)
Net Investment Hedges:
 
 
 
 
 
 
 
Foreign currency
—

 
4.3

 
—

 
7.2
Pretax Gains and Losses on Derivative Contracts Not Designated as Hedging Instruments Recognized in Earnings
Pretax gains and losses on derivative contracts not designated as hedging instruments recognized in earnings (in millions):
 
Gains/(Losses) Recognized in Earnings
 
Quarter Ended
 
Dec 27, 2015
 
Dec 28, 2014
Foreign currency - other
$
2.1

 
$
18.6

Coffee
(0.1
)
 
—

Dairy
(5.6
)
 
(4.5
)
Diesel fuel
(4.7
)
 
(7.6
)
Notional Amounts of Outstanding Derivative Contracts
Notional amounts of outstanding derivative contracts (in millions):
 
Dec 27, 2015
 
Sep 27, 2015
Interest rates
$
375

 
$
125

Cross-currency swaps
607

 
717

Foreign currency - other
561

 
577

Coffee
28

 
38

Dairy
65

 
43

Diesel fuel
23

 
14