Other Intangible Assets and Goodwill

6 Months Ended

Mar. 28, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Other Intangible Assets and Goodwill

Indefinite-Lived Intangible Assets

(in millions)	Mar 28, 2021		Sep 27, 2020
Trade names, trademarks and patents	$	95.7	$	95.0

Finite-Lived Intangible Assets

	Mar 28, 2021						Sep 27, 2020
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Acquired and reacquired rights	$	1,137.8	$	(880.8)	$	257.0	$	1,116.1	$	(765.0)	$	351.1
Acquired trade secrets and processes	27.6		(23.4)		4.2		27.6		(22.0)		5.6
Trade names, trademarks and patents	125.4		(42.1)		83.3		124.8		(32.1)		92.7
Licensing agreements	16.0		(15.7)		0.3		16.6		(15.0)		1.6
Other finite-lived intangible assets	23.7		(19.9)		3.8		22.8		(16.7)		6.1
Total finite-lived intangible assets	$	1,330.5	$	(981.9)	$	348.6	$	1,307.9	$	(850.8)	$	457.1

Amortization expense for finite-lived intangible assets was $62.2 million and $123.4 million for the quarter and two quarters ended March 28, 2021, respectively and $54.5 million and $108.6 million for the quarter and two quarters ended March 29, 2020, respectively.

Estimated future amortization expense as of March 28, 2021 (in millions):

Fiscal Year	Total
2021 (excluding the two quarters ended March 28, 2021)	$	103.6
2022	190.3
2023	19.6
2024	19.0
2025	13.1
Thereafter	3.0
Total estimated future amortization expense	$	348.6

Goodwill

Changes in the carrying amount of goodwill by reportable operating segment (in millions):

	Americas		International		Channel Development		Corporate and Other		Total
Goodwill balance at September 27, 2020	$	496.5	$	3,065.0	$	34.7	$	1.0	$	3,597.2
Other(1)	1.6		60.1		—		—		61.7
Goodwill balance at March 28, 2021	$	498.1	$	3,125.1	$	34.7	$	1.0	$	3,658.9

(1)“Other” consists of changes in the goodwill balance resulting from foreign currency translation.