Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Millions |
Total |
Accelerated Share Repurchase Agreement |
Common Stock |
Additional Paid-in Capital |
Additional Paid-in Capital
Accelerated Share Repurchase Agreement
|
Retained Earnings |
Total |
Treasury Stock |
Treasury Stock
Accelerated Share Repurchase Agreement
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest |
$ 4,876.2
|
|
|
|
|
|
|
|
|
Balance (in shares) at Sep. 24, 2022 |
|
|
298,533
|
|
|
|
|
51,401
|
|
Beginning balance at Sep. 24, 2022 |
|
|
$ 3.0
|
$ 6,042.6
|
|
$ 1,600.3
|
$ (238.2)
|
$ (2,531.5)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Exercise of stock options (in shares) |
|
|
267
|
|
|
|
|
|
|
Exercise of stock options |
|
|
|
10.3
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes ( in shares) |
|
|
514
|
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes |
(23.0)
|
|
|
(23.0)
|
|
|
|
|
|
Common stock issued under the employee stock purchase plan (in shares) |
|
|
171
|
|
|
|
|
|
|
Common stock issued under the employee stock purchase plan |
|
|
|
10.2
|
|
|
|
|
|
Stock-based compensation expense |
|
|
|
20.5
|
|
|
|
|
|
Net income |
187.4
|
|
|
|
|
|
|
|
|
Other comprehensive income activity |
|
|
|
|
|
|
110.9
|
|
|
Repurchase of common stock (in shares) |
|
|
|
|
|
|
|
1,539
|
|
Repurchase of common stock |
|
|
|
|
|
|
|
$ (100.0)
|
|
Net income |
187.4
|
|
|
|
|
|
|
|
|
Balance (in shares) at Dec. 31, 2022 |
|
|
299,485
|
|
|
|
|
52,940
|
|
Ending balance at Dec. 31, 2022 |
|
|
$ 3.0
|
6,060.6
|
|
1,787.7
|
(127.3)
|
$ (2,631.5)
|
|
Balance (in shares) at Sep. 24, 2022 |
|
|
298,533
|
|
|
|
|
51,401
|
|
Beginning balance at Sep. 24, 2022 |
|
|
$ 3.0
|
6,042.6
|
|
1,600.3
|
(238.2)
|
$ (2,531.5)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net income |
405.9
|
|
|
|
|
|
|
|
|
Balance (in shares) at Apr. 01, 2023 |
|
|
299,676
|
|
|
|
|
53,566
|
|
Ending balance at Apr. 01, 2023 |
|
|
$ 3.0
|
6,091.5
|
|
2,006.2
|
(118.4)
|
$ (2,681.5)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest |
5,092.5
|
|
|
|
|
|
|
|
|
Balance (in shares) at Dec. 31, 2022 |
|
|
299,485
|
|
|
|
|
52,940
|
|
Beginning balance at Dec. 31, 2022 |
|
|
$ 3.0
|
6,060.6
|
|
1,787.7
|
(127.3)
|
$ (2,631.5)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Exercise of stock options (in shares) |
|
|
173
|
|
|
|
|
|
|
Exercise of stock options |
|
|
|
7.9
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes ( in shares) |
|
|
18
|
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes |
(0.2)
|
|
|
(0.2)
|
|
|
|
|
|
Stock-based compensation expense |
|
|
|
23.2
|
|
|
|
|
|
Net income |
218.5
|
|
|
|
|
|
|
|
|
Other comprehensive income activity |
|
|
|
|
|
|
8.9
|
|
|
Repurchase of common stock (in shares) |
|
|
|
|
|
|
|
626
|
|
Repurchase of common stock |
|
|
|
|
|
|
|
$ (50.0)
|
|
Net income |
218.5
|
|
|
|
|
|
|
|
|
Balance (in shares) at Apr. 01, 2023 |
|
|
299,676
|
|
|
|
|
53,566
|
|
Ending balance at Apr. 01, 2023 |
|
|
$ 3.0
|
6,091.5
|
|
2,006.2
|
(118.4)
|
$ (2,681.5)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest |
5,300.8
|
|
|
|
|
|
|
|
|
Exercise of stock options (in shares) |
|
|
64
|
|
|
|
|
|
|
Exercise of stock options |
|
|
|
3.3
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes ( in shares) |
|
|
15
|
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes |
(0.5)
|
|
|
(0.5)
|
|
|
|
|
|
Common stock issued under the employee stock purchase plan (in shares) |
|
|
177
|
|
|
|
|
|
|
Common stock issued under the employee stock purchase plan |
|
|
|
11.3
|
|
|
|
|
|
Stock-based compensation expense |
|
|
|
16.9
|
|
|
|
|
|
Net income |
(40.5)
|
|
|
|
|
|
|
|
|
Other comprehensive income activity |
|
|
|
|
|
|
4.8
|
|
|
Repurchase of common stock (in shares) |
|
|
|
|
|
|
|
1,424
|
|
Repurchase of common stock |
|
|
|
|
|
|
|
$ (114.1)
|
|
Net income |
(40.5)
|
|
|
|
|
|
|
|
|
Balance (in shares) at Jul. 01, 2023 |
|
|
299,932
|
|
|
|
|
54,990
|
|
Ending balance at Jul. 01, 2023 |
|
|
$ 3.0
|
6,122.5
|
|
1,965.7
|
(113.6)
|
$ (2,795.6)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest |
5,182.0
|
|
|
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes ( in shares) |
|
|
8
|
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes |
(0.3)
|
|
|
(0.3)
|
|
|
|
|
|
Stock-based compensation expense |
|
|
|
19.0
|
|
|
|
|
|
Net income |
90.6
|
|
|
|
|
|
|
|
|
Other comprehensive income activity |
|
|
|
|
|
|
(34.0)
|
|
|
Repurchase of common stock (in shares) |
|
|
|
|
|
|
|
3,241
|
|
Repurchase of common stock |
|
|
|
|
|
|
|
$ (240.4)
|
|
Net income |
90.6
|
|
|
|
|
|
|
|
|
Balance (in shares) at Sep. 30, 2023 |
|
|
299,940
|
|
|
|
|
58,231
|
|
Ending balance at Sep. 30, 2023 |
5,016.9
|
|
$ 3.0
|
6,141.2
|
|
2,056.3
|
(147.6)
|
$ (3,036.0)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest |
5,016.9
|
|
|
|
|
|
|
|
|
Exercise of stock options (in shares) |
|
|
124
|
|
|
|
|
|
|
Exercise of stock options |
|
|
|
5.0
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes ( in shares) |
|
|
432
|
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes |
|
|
|
(16.2)
|
|
|
|
|
|
Stock-based compensation expense |
28.7
|
|
|
28.7
|
|
|
|
|
|
Net income |
246.5
|
|
|
|
|
|
|
|
|
Other comprehensive income activity |
|
|
|
|
|
|
28.8
|
|
|
Repurchase of common stock (in shares) |
|
|
|
|
|
|
|
2,161
|
5,560
|
Repurchase of common stock |
|
$ (500.0)
|
|
|
$ (100.0)
|
|
|
$ (155.9)
|
$ (400.0)
|
Net income |
246.5
|
|
|
|
|
|
|
|
|
Balance (in shares) at Dec. 30, 2023 |
|
|
300,496
|
|
|
|
|
65,952
|
|
Ending balance at Dec. 30, 2023 |
|
|
$ 3.0
|
6,058.7
|
|
2,302.8
|
(118.8)
|
$ (3,591.9)
|
|
Balance (in shares) at Sep. 30, 2023 |
|
|
299,940
|
|
|
|
|
58,231
|
|
Beginning balance at Sep. 30, 2023 |
5,016.9
|
|
$ 3.0
|
6,141.2
|
|
2,056.3
|
(147.6)
|
$ (3,036.0)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net income |
416.4
|
|
|
|
|
|
|
|
|
Balance (in shares) at Mar. 30, 2024 |
|
|
300,756
|
|
|
|
|
67,380
|
|
Ending balance at Mar. 30, 2024 |
4,844.4
|
|
$ 3.0
|
6,197.6
|
|
2,472.7
|
(137.0)
|
$ (3,691.9)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest |
4,653.8
|
|
|
|
|
|
|
|
|
Balance (in shares) at Dec. 30, 2023 |
|
|
300,496
|
|
|
|
|
65,952
|
|
Beginning balance at Dec. 30, 2023 |
|
|
$ 3.0
|
6,058.7
|
|
2,302.8
|
(118.8)
|
$ (3,591.9)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Exercise of stock options (in shares) |
|
|
79
|
|
|
|
|
|
|
Exercise of stock options |
|
|
|
3.2
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes ( in shares) |
|
|
16
|
|
|
|
|
|
|
Vesting of restricted stock units, net of shares withheld for employee taxes |
|
|
|
(0.1)
|
|
|
|
|
|
Common stock issued under the employee stock purchase plan (in shares) |
|
|
165
|
|
|
|
|
|
|
Common stock issued under the employee stock purchase plan |
|
|
|
10.0
|
|
|
|
|
|
Stock-based compensation expense |
25.8
|
|
|
25.8
|
|
|
|
|
|
Net income |
169.9
|
|
|
|
|
|
|
|
|
Other comprehensive income activity |
|
|
|
|
|
|
(18.2)
|
|
|
Repurchase of common stock (in shares) |
|
|
|
|
|
|
|
|
1,428
|
Repurchase of common stock |
|
$ 0.0
|
|
|
$ 100.0
|
|
|
|
$ (100.0)
|
Net income |
169.9
|
|
|
|
|
|
|
|
|
Balance (in shares) at Mar. 30, 2024 |
|
|
300,756
|
|
|
|
|
67,380
|
|
Ending balance at Mar. 30, 2024 |
4,844.4
|
|
$ 3.0
|
$ 6,197.6
|
|
$ 2,472.7
|
$ (137.0)
|
$ (3,691.9)
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest |
$ 4,844.4
|
|
|
|
|
|
|
|
|