Leases

12 Months Ended

Sep. 29, 2019

Leases [Abstract]

Leases

Leases

Rent expense under operating lease agreements (in millions):

Fiscal Year Ended	Sep 29, 2019		Sep 30, 2018		Oct 1, 2017
Minimum rent	$	1,441.7	$	1,424.5	$	1,185.7
Contingent rent	224.3		200.7		143.5
Total	$	1,666.0	$	1,625.2	$	1,329.2

Minimum future rental payments under non-cancelable operating leases and lease financing arrangements as of September 29, 2019 (in millions):

Fiscal Year Ending	Operating Leases		Lease Financing Arrangements
2020	$	1,432.9	$	5.2
2021	1,342.2		5.2
2022	1,247.4		5.0
2023	1,124.3		5.0
2024	996.4		4.9
Thereafter	4,087.7		42.6
Total minimum lease payments	$	10,230.9	$	67.9

We have subleases related to certain of our operating leases. During fiscal 2019, 2018 and 2017, we recognized sublease income of $10.9 million, $12.3 million, and $15.5 million, respectively. Additionally, as of September 29, 2019 and September 30, 2018, the gross carrying values of assets related to build-to-suit lease arrangements accounted for as financing leases were $122.3 million and $103.2 million, respectively, with associated accumulated depreciation of $17.2 million and $12.7 million, respectively. Lease exit costs associated with our restructuring efforts primarily relate to the closure of Teavana retail stores and certain Starbucks company-operated stores, and are recognized concurrently with actual store closures. Total lease exit costs of $55.3 million, $119.3 million, and $15.7 million were recorded within restructuring and impairments on the consolidated statement of earnings in fiscal 2019, 2018, and 2017, respectively. Remaining lease exit costs are not expected to be material.