Derivative Financial Instruments (Tables)

6 Months Ended

Apr. 01, 2018

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 and foreign currency-denominated debt 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 Expected to be Reclassified from AOCI into Earnings within 12 Months			Outstanding Contract/Debt Remaining Maturity (Months)
	Apr 1, 2018			Oct 1, 2017
Cash Flow Hedges:
Interest rates	$	13.7		$	17.6		$	3.5		93
Cross-currency swaps	(13.6		)	(6.0		)	—			80
Foreign currency - other	(10.3		)	(9.1		)	(6.9		)	36
Coffee	(0.5		)	(6.6		)	(0.5		)	0
Net Investment Hedges:
Foreign currency	16.1			16.2			—			0
Foreign currency debt	(35.2		)	(2.2		)	—			73

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 and foreign-denominated long-term debt designated as hedging instruments recognized in other comprehensive income (“OCI”) and reclassifications from AOCI to earnings (in millions):

	Quarter Ended												Two Quarters Ended
	Gains/(Losses) Recognized in OCI Before Reclassifications						Gains/(Losses) Reclassified from AOCI to Earnings						Gains/(Losses) Recognized in OCI Before Reclassifications						Gains/(Losses) Reclassified from AOCI to Earnings
	Apr 1, 2018			Apr 2, 2017			Apr 1, 2018			Apr 2, 2017			Apr 1, 2018			Apr 2, 2017			Apr 1, 2018			Apr 2, 2017
Cash Flow Hedges:
Interest rates	$	(3.2	)	$	—		$	1.2		$	1.2		$	(3.2	)	$	—		$	2.4		$	2.4
Cross-currency swaps	(33.7		)	(22.7		)	(26.1		)	(23.4		)	(36.1		)	52.6			(26.6		)	54.2
Foreign currency - other	(4.5		)	(10.7		)	(1.7		)	3.6			(5.8		)	26.5			(4.5		)	8.0
Coffee	—			(0.1		)	(2.1		)	(0.3		)	—			0.9			(6.8		)	(1.0		)
Net Investment Hedges:
Foreign currency	—			(15.6		)	—			—			(0.1		)	25.5			0.1			—
Foreign currency debt	(43.9		)	(9.6		)	—			—			(44.1		)	(9.6		)	—			—

Pretax Gains and Losses on Derivative Contracts Not Designated as Hedging Instruments Recognized in Earnings

Pretax gains and losses on non-designated derivatives and designated fair value hedging instruments recognized in earnings (in millions):

	Gains/(Losses) Recognized in Earnings
	Quarter Ended						Two Quarters Ended
	Apr 1, 2018			Apr 2, 2017			Apr 1, 2018			Apr 2, 2017
Non-Designated Derivatives:
Foreign currency - other	$	(4.7	)	$	(5.0	)	$	(1.1	)	$	3.4
Dairy	0.2			(2.4		)	(1.9		)	2.8
Diesel fuel and other commodities	(0.5		)	0.4			0.9			0.5
Designated Fair Value Hedging Instruments:
Interest rate swap	20.1			—			12.6			—

Notional Amounts of Outstanding Derivative Contracts

Notional amounts of outstanding derivative contracts (in millions):

	Apr 1, 2018		Oct 1, 2017
Interest rate swap	$	1,250	$	750
Cross-currency swaps	476		514
Foreign currency - other	1,167		901
Dairy	42		14
Diesel fuel and other commodities	18		41

Fair Value of Outstanding Derivative Contracts

Fair value of outstanding derivative contracts (in millions):

	Derivative Assets				Derivative Liabilities
	Apr 1, 2018		Oct 1, 2017		Apr 1, 2018		Oct 1, 2017
Designated Derivative Instruments:
Interest rates	$	—	$	—	$	3.2	$	—
Cross-currency swaps	—		12.4		33.6		9.8
Foreign currency - other	4.1		7.7		18.6		20.8
Net investment hedges	—		0.3		—		—
Interest rate swap	—		—		20.9		3.8
Non-designated Derivative Instruments:
Foreign currency	19.1		15.8		4.1		1.4
Dairy	0.2		—		1.4		2.4
Diesel fuel and other commodities	1.5		1.6		1.0		0.3