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Equity
 6 Months Ended
Apr. 02, 2017
Equity [Abstract]  
Equity
Equity
Changes in total equity (in millions):
 
Two Quarters Ended
 
Apr 2, 2017
 
Mar 27, 2016
 
Attributable to Starbucks
 
Noncontrolling interests
 
Total Equity
 
Attributable to Starbucks
 
Noncontrolling interest
 
Total Equity
Beginning balance of total equity
$
5,884.0

 
$
6.7

 
$
5,890.7

 
$
5,818.0

 
$
1.8

 
$
5,819.8

Net earnings including noncontrolling interests
1,404.9

 
(0.3
)
 
1,404.6

 
1,262.6

 
—

 
1,262.6

Translation adjustment and other, net of reclassifications and tax
(112.3
)
 
—

 
(112.3
)
 
36.6

 
—

 
36.6

Unrealized gains/(losses), net of reclassifications and tax
14.3

 
—

 
14.3

 
(26.4
)
 
—

 
(26.4
)
Other comprehensive income/(loss)
(98.0
)
 
—

 
(98.0
)
 
10.2

 
—

 
10.2

Stock-based compensation expense
105.8

 
—

 
105.8

 
109.5

 
—

 
109.5

Exercise of stock options/vesting of RSUs
64.7

 
—

 
64.7

 
59.7

 
—

 
59.7

Sale of common stock
14.2

 
—

 
14.2

 
6.9

 
—

 
6.9

Repurchase of common stock
(1,046.1
)
 
—

 
(1,046.1
)
 
(1,584.5
)
 
—

 
(1,584.5
)
Cash dividends declared
(724.5
)
 
—

 
(724.5
)
 
(587.8
)
 
—

 
(587.8
)
Ending balance of total equity
$
5,605.0

 
$
6.4

 
$
5,611.4

 
$
5,094.6

 
$
1.8

 
$
5,096.4


Changes in AOCI by component, net of tax (in millions):
Quarter Ended
 
 Available-for-Sale Securities
 
 Cash Flow Hedges
 
 Net Investment Hedges
 
Translation Adjustment and Other
 
Total
April 2, 2017
 
 
 
 
 
 
 
 
 
Net gains/(losses) in AOCI, beginning of period
$
(7.6
)
 
$
31.6

 
$
27.2

 
$
(293.5
)
 
$
(242.3
)
Net gains/(losses) recognized in OCI before reclassifications
1.4

 
(25.8
)
 
(15.9
)
 
59.5

 
19.2

Net (gains)/losses reclassified from AOCI to earnings
0.9

 
15.8

 
—

 
—

 
16.7

Other comprehensive income/(loss) attributable to Starbucks
2.3

 
(10.0
)
 
(15.9
)
 
59.5

 
35.9

Net gains/(losses) in AOCI, end of period
$
(5.3
)
 
$
21.6

 
$
11.3

 
$
(234.0
)
 
$
(206.4
)
 
 
 
 
 
 
 
 
 
 
March 27, 2016
 
 
 
 
 
 
 
 
 
Net gains/(losses) in AOCI, beginning of period
$
0.8

 
$
23.4

 
$
1.3

 
$
(250.6
)
 
$
(225.1
)
Net gains/(losses) recognized in OCI before reclassifications
2.4

 
(50.7
)
 
—

 
61.0

 
12.7

Net (gains)/losses reclassified from AOCI to earnings
(0.3
)
 
23.5

 
—

 
—

 
23.2

Other comprehensive income/(loss) attributable to Starbucks
2.1

 
(27.2
)
 
—

 
61.0

 
35.9

Net gains/(losses) in AOCI, end of period
$
2.9

 
$
(3.8
)
 
$
1.3

 
$
(189.6
)
 
$
(189.2
)
Two Quarters Ended
 
 
 
 
 
 
 
 
 
 
 
 Available-for-Sale Securities
 
 Cash Flow Hedges
 
 Net Investment Hedges
 
Translation Adjustment and Other
 
Total
April 2, 2017
 
 
 
 
 
 
 
 
 
Net gains/(losses) in AOCI, beginning of period
$
1.1

 
$
10.9

 
$
1.3

 
$
(121.7
)
 
$
(108.4
)
Net gains/(losses) recognized in OCI before reclassifications
(7.9
)
 
61.2

 
10.0

 
(112.3
)
 
(49.0
)
Net (gains)/losses reclassified from AOCI to earnings
1.5

 
(50.5
)
 
—

 
—

 
(49.0
)
Other comprehensive income/(loss) attributable to Starbucks
(6.4
)
 
10.7

 
10.0

 
(112.3
)
 
(98.0
)
Net gains/(losses) in AOCI, end of period
$
(5.3
)
 
$
21.6

 
$
11.3

 
$
(234.0
)
 
$
(206.4
)
 
 
 
 
 
 
 
 
 
 
March 27, 2016
 
 
 
 
 
 
 
 
 
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
3.0

 
(47.6
)
 
—

 
36.6

 
(8.0
)
Net (gains)/losses reclassified from AOCI to earnings
—

 
18.2

 
—

 
—

 
18.2

Other comprehensive income/(loss) attributable to Starbucks
3.0

 
(29.4
)
 
—

 
36.6

 
10.2

Net gains/(losses) in AOCI, end of period
$
2.9

 
$
(3.8
)
 
$
1.3

 
$
(189.6
)
 
$
(189.2
)

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
 
Apr 2, 2017
 
Mar 27, 2016
 
Gains/(losses) on available-for-sale securities
 
$
(1.2
)
 
$
0.5

 
Interest income and other, net
Gains/(losses) on cash flow hedges
 
 
 
 
 
 
Interest rate hedges
 
1.2

 
1.3

 
Interest expense
Cross-currency swaps
 
(23.4
)
 
(36.4
)
 
Interest income and other, net
Foreign currency hedges
 
1.2

 
2.3

 
Revenues
Foreign currency/coffee hedges
 
2.1

 
5.0

 
Cost of sales including occupancy costs
 
 
(20.1
)
 
(27.3
)
 
Total before tax
 
 
3.4

 
4.1

 
Tax benefit

 
 
$
(16.7
)
 
$
(23.2
)
 
Net of tax
Two Quarters Ended
 
 
 
 
 
 
 
AOCI
Components
 
Amounts Reclassified from AOCI
 
Affected Line Item in
the Statements of Earnings
 
Apr 2, 2017
 
Mar 27, 2016
 
Gains/(losses) on available-for-sale securities
 
$
(2.0
)
 
$
0.2

 
Interest income and other, net
Gains/(losses) on cash flow hedges
 
 
 
 
 
 
Interest rate hedges
 
2.4

 
2.8

 
Interest expense
Cross-currency swaps
 
54.2

 
(38.2
)
 
Interest income and other, net
Foreign currency hedges
 
2.5

 
5.4

 
Revenues
Foreign currency/coffee hedges
 
4.5

 
10.3

 
Cost of sales including occupancy costs
 
 
61.6

 
(19.5
)
 
Total before tax
 
 
(12.6
)
 
1.3

 
Tax (expense)/benefit
 
 
$
49.0

 
$
(18.2
)
 
Net of tax

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 April 2, 2017.
We repurchased 19.0 million shares of common stock at a total cost of $1.0 billion, and 27.5 million shares at a total cost of $1.6 billion for two quarters ended April 2, 2017 and March 27, 2016, respectively. As of April 2, 2017, 98.9 million shares remained available for repurchase under current authorizations.
During the second quarter of fiscal 2017, our Board of Directors declared a quarterly cash dividend to shareholders of $0.25 per share to be paid on May 26, 2017 to shareholders of record as of the close of business on May 11, 2017.