XML 108 R36.htm IDEA: XBRL DOCUMENT v3.19.3
Equity (Tables)
 12 Months Ended
Sep. 29, 2019
Equity [Abstract]  
Changes in Components of Accumulated Other Comprehensive Income, Net of Tax
Changes in AOCI by component for the years ended September 29, 2019, September 30, 2018, and October 1, 2017, net of tax, are as follows:
(in millions)
 Available-for-Sale Securities
 
 Cash Flow Hedges
 
 Net Investment Hedges
 
Translation Adjustment and Other
 
Total
September 29, 2019
 
 
 
 
 
 
 
 
 
Net gains/(losses) in AOCI, beginning of period
$
(4.9
)
 
$
17.7

 
$
19.6

 
$
(362.7
)
 
$
(330.3
)
Net gains/(losses) recognized in OCI before reclassifications
8.2

 
(10.7
)
 
(29.7
)
 
(143.7
)
 
(175.9
)
Net (gains)/losses reclassified from AOCI to earnings
0.6

 
4.0

 
—

 
(1.7
)
 
2.9

Other comprehensive income/(loss) attributable to Starbucks
8.8

 
(6.7
)
 
(29.7
)
 
(145.4
)
 
(173.0
)
Net gains/(losses) in AOCI, end of period
$
3.9

 
$
11.0

 
$
(10.1
)
 
$
(508.1
)
 
$
(503.3
)
(in millions)
 Available-for-Sale Securities
 
 Cash Flow Hedges
 
 Net Investment Hedges
 
Translation Adjustment and Other
 
Total
September 30, 2018
 
 
 
 
 
 
 
 
 
Net gains/(losses) in AOCI, beginning of period
$
(2.5
)
 
$
(4.1
)
 
$
14.0

 
$
(163.0
)
 
$
(155.6
)
Net gains/(losses) recognized in OCI before reclassifications
(5.1
)
 
17.9

 
5.6

 
(216.6
)
 
(198.2
)
Net (gains)/losses reclassified from AOCI to earnings
2.7

 
3.9

 
—

 
16.9

 
23.5

Other comprehensive income/(loss) attributable to Starbucks
(2.4
)
 
21.8

 
5.6

 
(199.7
)

(174.7
)
Net gains/(losses) in AOCI, end of period
$
(4.9
)
 
$
17.7

 
$
19.6

 
$
(362.7
)
 
$
(330.3
)
(in millions)
 Available-for-Sale Securities
 
 Cash Flow Hedges
 
 Net Investment Hedges
 
Translation Adjustment and Other
 
Total
October 1, 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
(6.6
)
 
40.6

 
12.7

 
(40.7
)
 
6.0

Net (gains)/losses reclassified from AOCI to earnings
3.0

 
(55.6
)
 
—

 
(0.6
)
 
(53.2
)
Other comprehensive income/(loss) attributable to Starbucks
(3.6
)
 
(15.0
)
 
12.7

 
(41.3
)
 
(47.2
)
Net gains/(losses) in AOCI, end of period
$
(2.5
)
 
$
(4.1
)
 
$
14.0

 
$
(163.0
)
 
$
(155.6
)
Impact of Reclassification from Accumulated Other Comprehensive Income on Earnings
Impact of reclassifications from AOCI on the consolidated statements of earnings (in millions):
AOCI
Components
 
Amounts Reclassified from AOCI
 
Affected Line Item in
the Statements of Earnings
 
Fiscal Year Ended
 
 
Sep 29, 2019
 
Sep 30, 2018
 
Oct 1, 2017
 
Gains/(losses) on available-for-sale securities
 
$
0.9

 
$
(3.6
)
 
$
(4.1
)
 
Interest income and other, net
Gains/(losses) on cash flow hedges
 
(3.9
)
 
(3.9
)
 
70.7

 
Please refer to Note 3, Derivative Instruments for additional information.
Translation adjustment (1)
 
 
 
 
 
 
 
 
Brazil
 
—

 
(24.1
)
 
—

 
Net gain resulting from divestiture of certain operations
East China joint venture
 
—

 
7.2

 
—

 
Gain resulting from acquisition of joint venture
Taiwan joint venture
 
—

 
1.4

 
—

 
Net gain resulting from divestiture of certain operations
Thailand
 
1.7

 
—

 
—

 
Net gain resulting from divestiture of certain operations
Other
 
—

 
(1.7
)
 
0.6

 
Interest income and other, net
 
 
(1.3
)
 
(24.7
)
 
67.2

 
Total before tax
 
 
(1.6
)
 
1.2

 
(14.0
)
 
Tax (expense)/benefit
 
 
$
(2.9
)
 
$
(23.5
)
 
$
53.2

 
Net of tax

(1)  
Release of cumulative translation adjustments to earnings upon sale or liquidation of foreign businesses.