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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 28, 2021
Mar. 29, 2020
Mar. 28, 2021
Mar. 29, 2020
Total net revenues $ 6,668.0 $ 5,995.7 $ 13,417.5 $ 13,092.8
Product and distribution costs 1,992.4 1,997.7 4,041.5 4,234.2
Store operating expenses 2,823.3 2,721.4 5,690.7 5,542.9
Other operating expenses 87.7 95.0 179.5 196.7
Depreciation and amortization expenses 366.7 356.3 732.6 707.4
General and administrative expenses 464.4 406.5 936.5 840.7
Restructuring and impairments 23.0 (0.7) 95.2 5.6
Total operating expenses 5,757.5 5,576.2 11,676.0 11,527.5
Income from equity investees 77.1 67.9 159.7 141.9
Operating income 987.6 487.4 1,901.2 1,707.2
Interest income and other, net 17.3 2.0 32.7 18.0
Interest expense (115.0) (99.2) (235.8) (191.1)
Earnings before income taxes 889.9 390.2 1,698.1 1,534.1
Income tax expense 230.5 65.4 416.5 324.0
Net earnings including noncontrolling interests 659.4 324.8 1,281.6 1,210.1
Net loss attributable to noncontrolling interests 0.0 (3.6) 0.0 (4.0)
Net earnings attributable to Starbucks $ 659.4 $ 328.4 $ 1,281.6 $ 1,214.1
EPS — basic $ 0.56 $ 0.28 $ 1.09 $ 1.03
EPS — diluted $ 0.56 $ 0.28 $ 1.08 $ 1.02
Weighted average shares outstanding:        
Basic 1,177.5 1,171.8 1,176.3 1,176.1
Diluted 1,184.8 1,180.7 1,183.9 1,185.8
Company-operated stores [Member]        
Total net revenues $ 5,653.1 $ 4,766.0 $ 11,379.6 $ 10,546.6
Licensed stores [Member]        
Total net revenues 595.0 689.8 1,208.8 1,481.9
Product and Service, Other [Member]        
Total net revenues $ 419.9 $ 539.9 $ 829.1 $ 1,064.3