Employee Stock Plans

3 Months Ended

Dec. 27, 2020

Share-based Payment Arrangement [Abstract]

Employee Stock Plans

Employee Stock Plans

As of December 27, 2020, there were 39.4 million shares of common stock available for issuance pursuant to future equity-based compensation awards and 11.8 million shares available for issuance under our employee stock purchase plan.

Stock-based compensation expense recognized in the consolidated statements of earnings (in millions):

	Quarter Ended
	Dec 27, 2020		Dec 29, 2019
Options	$	0.9	$	1.7
Restricted Stock Units (“RSUs”)	98.4		88.6
Total stock-based compensation expense	$	99.3	$	90.3

Stock option and RSU transactions from September 27, 2020 through December 27, 2020 (in millions):

	Stock Options		RSUs
Options outstanding/Nonvested RSUs, September 27, 2020	9.2		8.3
Granted	—		3.8
Options exercised/RSUs vested	(1.8)		(2.9)
Forfeited/expired	(0.1)		(0.4)
Options outstanding/Nonvested RSUs, December 27, 2020	7.3		8.8
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of December 27, 2020	$	0.4	$	309.7