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Income Taxes (Tables)
 12 Months Ended
Sep. 29, 2019
Income Tax Disclosure [Abstract]  
Components of Earnings/(Loss) Before Income Taxes
Components of earnings before income taxes (in millions):
Fiscal Year Ended
Sep 29, 2019
 
Sep 30, 2018
 
Oct 1, 2017
United States
$
3,518.7

 
$
4,826.0

 
$
3,393.0

Foreign
947.5

 
954.0

 
924.5

Total earnings before income taxes
$
4,466.2

 
$
5,780.0

 
$
4,317.5
Provision/(Benefit) for Income Taxes
Provision/(benefit) for income taxes (in millions):
Fiscal Year Ended
Sep 29, 2019
 
Sep 30, 2018
 
Oct 1, 2017
Current taxes:
 
 
 
 
 
U.S. federal
$
1,414.3

 
$
156.2

 
$
931.0

U.S. state and local
447.8

 
52.0

 
170.8

Foreign
458.3

 
327.0

 
216.6

Total current taxes
2,320.4

 
535.2

 
1,318.4

Deferred taxes:
 
 
 
 
 
U.S. federal
(1,074.5
)
 
633.7

 
121.2

U.S. state and local
(322.4
)
 
101.5

 
14.2

Foreign
(51.9
)
 
(8.4
)
 
(21.2
)
Total deferred taxes
(1,448.8
)
 
726.8

 
114.2

Total income tax expense
$
871.6

 
$
1,262.0

 
$
1,432.6
Reconciliation of the Statutory U.S. Federal Income Tax Rate With Our Effective Income Tax Rate
Reconciliation of the statutory U.S. federal income tax rate with our effective income tax rate:
Fiscal Year Ended
Sep 29, 2019
 
Sep 30, 2018
 
Oct 1, 2017
Statutory rate
21.0
 %
 
24.5
 %
 
35.0
 %
State income taxes, net of federal tax benefit
2.1

 
2.1

 
2.8

Foreign rate differential
(0.1
)
 
(0.1
)
 
(2.8
)
Excess tax benefits of stock-based compensation
(2.1
)
 
(0.9
)
 
—

Residual tax on foreign earnings
1.7

 
—

 
—

Foreign derived intangible income
(1.5
)
 
—

 
—

Tax impacts related to sale of certain operations
(1.3
)
 
—

 
—

Domestic production activity deduction
—

 
—

 
(1.8
)
Gain resulting from acquisition of joint venture
—

 
(5.8
)
 
—

Impact of the Tax Act
—

 
2.8

 
—

Other, net
(0.3
)
 
(0.8
)
 
—

Effective tax rate
19.5
 %
 
21.8
 %
 
33.2
 %
Tax Effect of Temporary Differences and Carryforwards that Comprise Significant Portions of Deferred Tax Assets and Liabilities
Tax effect of temporary differences and carryforwards that comprise significant portions of deferred tax assets and liabilities (in millions):
 
Sep 29, 2019
 
Sep 30, 2018
Deferred tax assets:
 
 
 
Property, plant and equipment
$
66.5

 
$
67.4

Intangible assets and goodwill
230.0

 
—

Accrued occupancy costs
121.6

 
109.0

Accrued compensation and related costs
62.7

 
64.2

Stored value card liability and deferred revenue
1,649.0

 
144.2

Stock-based compensation
77.5

 
96.7

Net operating losses
75.6

 
79.2

Other
130.7

 
129.5

Total
$
2,413.6

 
$
690.2

Valuation allowance
(75.1
)
 
(129.3
)
Total deferred tax asset, net of valuation allowance
$
2,338.5

 
$
560.9

Deferred tax liabilities:
 
 
 
Property, plant and equipment
(400.9
)
 
(348.1
)
Intangible assets and goodwill
(209.9
)
 
(274.2
)
Other
(148.3
)
 
(74.1
)
Total
(759.1
)
 
(696.4
)
Net deferred tax asset (liability)
$
1,579.4

 
$
(135.5
)
Reported as:
 
 
 
Deferred income tax assets
1,765.8

 
134.7

Deferred income tax liabilities (included in Other long-term liabilities)
(186.4
)
 
(270.2
)
Net deferred tax asset (liability)
$
1,579.4

 
$
(135.5
)
Summary of Activity Related to Unrecognized Tax Benefits
The following table summarizes the activity related to our unrecognized tax benefits (in millions):
 
Sep 29, 2019
 
Sep 30, 2018
 
Oct 1, 2017
Beginning balance
$
224.6

 
$
196.9

 
$
146.5

Increase related to prior year tax positions
3.8

 
17.5

 
10.4

Decrease related to prior year tax positions
(75.3
)
 
(41.8
)
 
—

Increase related to current year tax positions
18.5

 
62.4

 
41.3

Decreases related to settlements with taxing authorities
(16.4
)
 
(4.5
)
 
—

Decrease related to lapsing of statute of limitations
(23.1
)
 
(5.9
)
 
(1.3
)
Ending balance
$
132.1

 
$
224.6

 
$
196.9