XML 48 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
Derivative Financial Instruments (Tables)
12 Months Ended
Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
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
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
 
Contract Remaining Maturity
(Months)
 
Sep 30,
2018
 
Oct 1,
2017
 
Oct 2,
2016
 
 
Cash Flow Hedges:
 
 
 
 
 
 
 
 
 
Interest rates
$
24.7

 
$
17.6

 
$
20.5

 
$
4.2

 
0
Cross-currency swaps
(12.6
)
 
(6.0
)
 
(7.7
)
 

 
74
Foreign currency - other
5.8

 
(9.1
)
 
(0.4
)
 
3.8

 
36
Coffee
(0.2
)
 
(6.6
)
 
(1.6
)
 
(0.2
)
 
5
Net Investment Hedges:
 
 
 
 
 
 
 
 
 
Foreign currency
16.0

 
16.2

 
1.3

 

 
0
Foreign currency debt
3.6

 
(2.2
)
 

 

 
66
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
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
 
Contract Remaining Maturity
(Months)
 
Sep 30,
2018
 
Oct 1,
2017
 
Oct 2,
2016
 
 
Cash Flow Hedges:
 
 
 
 
 
 
 
 
 
Interest rates
$
24.7

 
$
17.6

 
$
20.5

 
$
4.2

 
0
Cross-currency swaps
(12.6
)
 
(6.0
)
 
(7.7
)
 

 
74
Foreign currency - other
5.8

 
(9.1
)
 
(0.4
)
 
3.8

 
36
Coffee
(0.2
)
 
(6.6
)
 
(1.6
)
 
(0.2
)
 
5
Net Investment Hedges:
 
 
 
 
 
 
 
 
 
Foreign currency
16.0

 
16.2

 
1.3

 

 
0
Foreign currency debt
3.6

 
(2.2
)
 

 

 
66
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):
 
Year Ended
 
Gains/(Losses) Recognized in
OCI Before Reclassifications
 
Gains/(Losses) Reclassified from AOCI to Earnings
 
Sep 30,
2018
 
Oct 1,
2017
 
Oct 2,
2016
 
Sep 30,
2018
 
Oct 1,
2017
 
Oct 2,
2016
Cash Flow Hedges:
 
 
 
 
 
 
 
 
 
 
 
Interest rates
$
14.1

 
$

 
$
(10.3
)
 
$
4.9

 
$
4.8

 
$
5.0

Cross-currency swaps
(6.1
)
 
59.5

 
(75.7
)
 
2.2

 
57.2

 
(101.1
)
Foreign currency - other
16.7

 
1.8

 
(25.4
)
 
(3.6
)
 
11.4

 
19.1

Coffee
(0.3
)
 
(8.1
)
 
1.7

 
(7.4
)
 
(2.7
)
 
(2.8
)
Net Investment Hedges:
 
 
 
 
 
 
 
 
 
 
 
Foreign currency
(0.1
)
 
23.6

 

 

 

 

Foreign currency debt
7.9

 
(3.5
)
 

 

 

 

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
 
Sep 30, 2018
 
Oct 1, 2017
 
Oct 2, 2016
Non-Designated Derivatives:
 
 
 
 
 
Foreign currency - other
$
4.6

 
$
4.6

 
$
(5.7
)
Dairy
(2.4
)
 

 
(5.5
)
Diesel fuel and other commodities
3.7

 
1.3

 
(0.2
)
Designated Fair Value Hedging Instruments:
 
 
 
 
 
Interest rate swap
(33.7
)
 
(5.2
)
 

Notional Amounts of Outstanding Derivative Contracts
Notional amounts of outstanding derivative contracts (in millions)
 
Sep 30, 2018
 
Oct 1, 2017
Interest rate swap
$
750

 
$
750

Cross-currency swaps
434

 
514

Foreign currency - other
914

 
901

Dairy
16

 
14

Diesel fuel and other commodities
21

 
41

Fair Value of Outstanding Derivative Contracts
Fair value of outstanding derivative contracts (in millions):
 
Derivative Assets
 
Derivative Liabilities
 
Sep 30, 2018
 
Oct 1, 2017
 
Sep 30, 2018
 
Oct 1, 2017
Designated Derivative Instruments:
 
 
 
 
 
 
 
Cross-currency swaps
$
5.8

 
$
12.4

 
$
9.3

 
$
9.8

Foreign currency - other
13.6

 
7.7

 
5.3

 
20.8

Net investment hedges

 
0.3

 

 

Interest rate swap

 

 
32.5

 
3.8

Non-designated Derivative Instruments:
 
 
 
 
 
 
 
Foreign currency
13.7

 
15.8

 
2.5

 
1.4

Dairy
0.2

 

 
0.1

 
2.4

Diesel fuel and other commodities
1.6

 
1.6

 
0.3

 
0.3