Derivatives (Tables)

6 Months Ended

Mar. 26, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]


	Three Months Ended				Six Months Ended
	March 26, 2022		March 27, 2021		March 26, 2022		March 27, 2021
Amount of realized gain (loss) recognized in income
Forward foreign currency contracts	$	10.4	$	3.4	$	22.8	$	0.5
Foreign currency option contracts	—		(1.8)		—		(3.0)
	$	10.4	$	1.6	$	22.8	$	(2.5)
Amount of unrealized gain (loss) recognized in income
Forward foreign currency contracts	$	(0.1)	$	3.1	$	6.7	$	(3.5)
Foreign currency option contracts	—		2.1		—		(5.9)
	$	(0.1)	$	5.2	$	6.7	$	(9.4)
Amount of gain (loss) recognized in income
Total	$	10.3	$	6.8	$	29.5	$	(11.9)

Schedule of Derivative Assets at Fair Value

The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the balance sheet as of March 26, 2022:


	Balance Sheet Location	March 26, 2022		September 25, 2021
Assets:
Derivative instruments designated as a cash flow hedge:


Interest rate swap contract	Prepaid expenses and other current assets	$	5.5	$	—
Interest rate swap contract	Other assets	12.2		—
		$	17.7	$	—

Derivatives not designated as hedging instruments:
Forward foreign currency contracts	Prepaid expenses and other current assets	$	10.6	$	1.7

		$	10.6	$	1.7

Liabilities:
Derivative instruments designated as a cash flow hedge:
Interest rate swap contract	Accrued expenses	$	—	$	11.1
Interest rate swap contract	Other long-term liabilities	—		7.6
Total		$	—	$	18.7
Derivatives not designated as hedging instruments:
Forward foreign currency contracts	Accrued expenses	$	2.7	$	0.6

Schedule of Unrealized Loss Recognized in AOCI

The following table presents the unrealized gain (loss) recognized in AOCI related to the interest rate caps and interest rate swap for the following reporting periods:


	Three Months Ended				Six Months Ended
	March 26, 2022		March 27, 2021		March 26, 2022		March 27, 2021
Amount of gain (loss) recognized in other comprehensive income, net of taxes:
Interest rate swap	$	19.4	$	4.3	$	27.3	$	5.2
Interest rate cap agreements	—		—		—		(0.2)
Total	$	19.4	$	4.3	$	27.3	$	5.0