Equity (Tables)

12 Months Ended

Sep. 27, 2020

Equity [Abstract]

Changes in Components of Accumulated Other Comprehensive Income, Net of Tax

Changes in AOCI by component for the years ended September 27, 2020, September 29, 2019 and September 30, 2018, net of tax, are as follows:

(in millions)	Available-for-Sale Securities		Cash Flow Hedges		Net Investment Hedges		Translation Adjustment and Other		Total
September 27, 2020
Net gains/(losses) in AOCI, beginning of period	$	3.9	$	11.0	$	(10.1)	$	(508.1)	$	(503.3)
Net gains/(losses) recognized in OCI before reclassifications	6.5		(95.0)		28.9		208.4		148.8
Net (gains)/losses reclassified from AOCI to earnings	(4.0)		(1.1)		(9.8)		—		(14.9)
Other comprehensive income/(loss) attributable to Starbucks	2.5		(96.1)		19.1		208.4		133.9
Cumulative effect of accounting adoption	(0.7)		3.0		2.5		—		4.8
Net gains/(losses) in AOCI, end of period	$	5.7	$	(82.1)	$	11.5	$	(299.7)	$	(364.6)

(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)

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
	Year Ended
	Sep 27, 2020		Sep 29, 2019		Sep 30, 2018
Gains/(losses) on available-for-sale securities	$	4.9	$	0.9	$	(3.6)	Interest income and other, net
Gains/(losses) on cash flow hedges	1.9		(3.9)		(3.9)		Please refer to Note 3, Derivative Instruments for additional information.
Gains/(losses) on net investment hedges	13.3		—		—		Interest expense
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)		Interest income and other, net
	20.1		(1.3)		(24.7)		Total before tax
	(5.2)		(1.6)		1.2		Tax (expense)/benefit
	$	14.9	$	(2.9)	$	(23.5)	Net of tax

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