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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 26, 2015
Accounting Policies [Abstract]  
Summary of Marketable Securities
The following reconciles cost basis to fair market value.

 
 
Cost
 
Gross Unrealized
Gains
 
Gross Unrealized
Losses
 
Other Than Temporary Impairment
 
Fair Value
As of September 26, 2015
 
$
16.1

 
$
7.2

 
$
(0.3
)
 
$
(7.8
)
 
$
15.2

As of September 27, 2014
 
$
15.5

 
$
10.2

 
$
(1.3
)
 
$

 
$
24.4

As of September 28, 2013
 
$
5.9

 
$
12.2

 
$

 
$

 
$
18.1

Supplemental Cash Flow Statement Information
Supplemental Cash Flow Statement Information
 
 
 
Years ended
September 26, 2015
 
September 27, 2014
 
September 28, 2013
Cash paid during the period for income taxes
 
$
168.7

 
$
231.8

 
$
79.9

Cash paid during the period for interest
 
$
143.0

 
$
155.7

 
$
192.8

Schedule of Inventories
Inventories consisted of the following:
 
 
 
September 26, 2015
 
September 27, 2014
Raw materials
 
$
98.3

 
$
115.6

Work-in-process
 
58.7

 
57.1

Finished goods
 
126.1

 
157.9

 
 
$
283.1

 
$
330.6

Schedule of Property, Plant and Equipment
Property, plant and equipment consisted of the following:
 
 
September 26, 2015
 
September 27, 2014
Equipment and software
 
$
365.9

 
$
342.5

Equipment under customer usage agreements
 
305.7

 
285.2

Buildings and improvements
 
182.1

 
176.9

Leasehold improvements
 
59.2

 
63.2

Land
 
51.4

 
51.6

Furniture and fixtures
 
17.3

 
16.3

 
 
981.6

 
935.7

Less - accumulated depreciation and amortization
 
(524.5
)
 
(473.8
)
 
 
$
457.1

 
$
461.9

Property, plant and equipment are depreciated over the following estimated useful lives:
Asset Classification
  
Estimated Useful Life
Building and improvements
  
35–40 years
Equipment and software
  
3–10 years
Equipment under customer usage agreements
  
3–8 years
Furniture and fixtures
  
5–7 years
Leasehold improvements
  
Shorter of the Original Term of Lease
or Estimated Useful Life
Schedule of Intangible Assets
Intangible assets consisted of the following:
 
  
 
September 26, 2015
 
September 27, 2014
Description
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Gross
Carrying
Value
 
Accumulated
Amortization
Developed technology
 
$
3,979.1

 
$
1,698.5

 
$
3,965.6

 
$
1,399.4

In-process research and development
 
3.7

 

 
17.9

 

Customer relationships and contracts
 
1,101.1

 
467.5

 
1,102.4

 
384.7

Trade names
 
236.4

 
131.5

 
236.5

 
105.3

Business licenses
 
2.5

 
2.1

 
2.6

 
2.0

 
 
$
5,322.8


$
2,299.6


$
5,325.0


$
1,891.4

Schedule of Estimated Amortization Expense
The estimated amortization expense at September 26, 2015 for each of the five succeeding fiscal years was as follows:
 
Fiscal 2016
$
377.0

Fiscal 2017
$
365.6

Fiscal 2018
$
355.1

Fiscal 2019
$
343.5

Fiscal 2020
$
332.3

Rollforward of Goodwill Activity by Reportable Segment
A rollforward of goodwill activity by reportable segment from September 27, 2014 to September 26, 2015 is as follows:
 
 
Diagnostics
 
Breast Health
 
GYN Surgical
 
Skeletal Health
 
Total
Balance at September 27, 2014
$
1,154.1

 
$
631.7

 
$
1,016.8

 
$
8.2

 
$
2,810.8

Tax adjustments
0.6

 
0.7

 

 

 
1.3

Foreign currency and other
(2.4
)
 
(0.6
)
 
(0.8
)
 
(0.1
)
 
(3.9
)
Balance at September 26, 2015
$
1,152.3


$
631.8


$
1,016.0


$
8.1

 
$
2,808.2

Schedule of Other Assets
Other assets consisted of the following:
 
 
 
September 26, 2015
 
September 27, 2014
Other Assets
 
 
 
 
Deferred financing costs
 
$
27.0

 
$
44.9

Life insurance contracts
 
27.5

 
22.4

Derivative asset
 
6.2

 

Mutual funds
 
5.6

 
15.4

Marketable securities
 
15.2

 
24.4

Manufacturing access fees
 
11.6

 
14.1

Cost-method equity investments
 
4.2

 
5.2

Other
 
17.9

 
16.2

 
 
$
115.2

 
$
142.6

Components of Accumulated Other Comprehensive Income
The components of accumulated other comprehensive income (loss) consisted of the following:
 
 
September 26, 2015
 
September 27, 2014
Foreign currency translation adjustment
 
$
(15.7
)
 
$
(4.7
)
Unrealized gains on available-for-sale securities
 
6.9

 
8.9

Minimum pension liability, net of tax of $0.3 and $0.2, respectively
 
(1.8
)
 
(1.6
)
Hedged Interest Rate Caps, net of tax of $2.5 in 2015
 
(3.9
)
 

 
 
$
(14.5
)
 
$
2.6

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
The following tables summarize the changes in accumulated balances of other comprehensive income for the periods presented:
 
Year Ended September 26, 2015
 
Year Ended September 27, 2014
 
Foreign Currency Translation
 
Marketable Securities
 
Pension Plans
 
Hedged Interest Rate Caps
 
Total
 
Foreign Currency Translation
 
Marketable Securities
 
Pension Plans
 
Total
Beginning Balance
$
(4.7
)
 
$
8.9

 
$
(1.6
)
 
$

 
$
2.6

 
$
8.6

 
$
12.1

 
$
(0.3
)
 
$
20.4

Other comprehensive loss before reclassifications
(20.6
)
 
(9.8
)
 
(0.2
)
 
(3.9
)
 
(34.5
)
 
(13.3
)
 
(3.2
)
 
(1.3
)
 
(17.8
)
Amounts reclassified to statement of operations
9.6

 
7.8

 

 

 
17.4

 

 

 

 

Ending Balance
$
(15.7
)
 
$
6.9

 
$
(1.8
)
 
$
(3.9
)
 
$
(14.5
)
 
$
(4.7
)
 
$
8.9

 
$
(1.6
)
 
$
2.6

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The tables below present the location of the Company’s derivative financial instruments on the Consolidated Balance Sheets and the unrealized loss recognized in AOCI related to the interest rate caps for the following reporting periods (in millions):
 
Balance Sheet Location
 
September 26, 2015
Assets:
 
 
 
Derivative instruments designated as a cash flow hedge:
 
 
 
Interest rate cap agreements
Prepaid expenses and other current assets
 
$
0.7

Interest rate cap agreements
Other Assets
 
6.2

 
 
 
$
6.9

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
 
Year Ended
September 26, 2015
 
Year Ended
September 27, 2014
Amount of loss recognized in other comprehensive income, net of taxes:
 
 
 
Interest rate cap agreements
$
(3.9
)
 
$

Accounts Receivable Reserve Activity
Accounts receivable reserve activity for fiscal 2015, 2014 and 2013 was as follows:
 
 
 
Balance at
Beginning
of Period
 
Charged to
Costs and
Expenses
 
Write-
offs and
Payments
 
Balance at
End of
Period
Period Ended:
 
 
 
 
 
 
 
 
September 26, 2015
 
$
12.0

 
$
1.6

 
$
(2.5
)
 
$
11.1

September 27, 2014
 
$
8.8

 
$
4.4

 
$
(1.2
)
 
$
12.0

September 28, 2013
 
$
6.4

 
$
4.3

 
$
(1.9
)
 
$
8.8

Schedule of Reconciliation of Basic and Diluted Share Amounts
A reconciliation of basic and diluted share amounts for fiscal 2015, 2014, and 2013 was as follows:
 
 
September 26, 2015
 
September 27, 2014
 
September 28, 2013
Basic weighted average common shares outstanding
 
280,566

 
275,499

 
268,704

Weighted average common stock equivalents from assumed exercise of stock options and restricted stock units
 
2,898

 
2,368

 

Incremental shares from Convertible Notes premium
 
6,073

 
493

 

Diluted weighted average common shares outstanding
 
289,537

 
278,360

 
268,704

Weighted-average anti-dilutive shares related to:
 
 
 
 
 
 
Outstanding stock options
 
1,502

 
5,033

 
8,445

Restricted stock units
 
49

 
20

 
1,109

Schedule of Product Warranty Activity
Product warranty activity for fiscal 2015 and 2014 was as follows:
 
 
 
Balance at
Beginning of
Period
 
Provisions
 
Settlements/
Adjustments
 
Balance at End
of Period
Period ended:
 
 
 
 
 
 
 
 
September 26, 2015
 
$
6.3

 
$
6.1

 
$
(7.0
)
 
$
5.4

September 27, 2014
 
$
9.3

 
$
7.1

 
$
(10.1
)
 
$
6.3