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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Apr. 03, 2022
Mar. 28, 2021
Apr. 03, 2022
Mar. 28, 2021
Total net revenues $ 7,635.6 $ 6,668.0 $ 15,686.0 $ 13,417.5
Product and distribution costs 2,465.8 1,992.4 4,992.7 4,041.5
Store operating expenses 3,314.7 2,823.3 6,714.6 5,690.7
Other operating expenses 101.7 87.7 203.4 179.5
Depreciation and amortization expenses 367.7 366.7 733.8 732.6
General and administrative expenses 481.5 464.4 1,007.3 936.5
Restructuring and impairments 4.4 23.0 (3.1) 95.2
Total operating expenses 6,735.8 5,757.5 13,648.7 11,676.0
Income from equity investees 49.1 77.1 89.4 159.7
Operating income 948.9 987.6 2,126.7 1,901.2
Interest income and other, net 46.3 17.3 46.2 32.7
Interest expense (119.1) (115.0) (234.4) (235.8)
Earnings before income taxes 876.1 889.9 1,938.5 1,698.1
Income tax expense 201.1 230.5 447.4 416.5
Net earnings including noncontrolling interests 675.0 659.4 1,491.1 1,281.6
Net earnings attributable to noncontrolling interests 0.5 0.0 0.7 0.0
Net earnings attributable to Starbucks $ 674.5 $ 659.4 $ 1,490.4 $ 1,281.6
EPS — basic $ 0.59 $ 0.56 $ 1.29 $ 1.09
EPS — diluted $ 0.58 $ 0.56 $ 1.28 $ 1.08
Weighted average shares outstanding:        
Basic 1,149.2 1,177.5 1,159.4 1,176.3
Diluted 1,153.9 1,184.8 1,165.2 1,183.9
Company-operated stores [Member]        
Total net revenues $ 6,276.7 $ 5,653.1 $ 12,999.1 $ 11,379.6
Licensed stores [Member]        
Total net revenues 849.5 595.0 1,700.3 1,208.8
Product and Service, Other [Member]        
Total net revenues $ 509.4 $ 419.9 $ 986.6 $ 829.1