Leases (Tables)

3 Months Ended

Dec. 28, 2019

Leases [Abstract]

Supplemental Balance Sheet Information

Supplemental balance sheet information related to the Company's leases was as follows:

	Balance Sheet Classification	As of December 28, 2019 (in millions)
Operating leases
Right-of-use assets	Operating lease right-of-use assets	$	105.3
Current lease liabilities	Current operating lease liabilities	$	34.3
Non-current lease liabilities	Long term operating lease liabilities	75.3
Total operating lease liabilities		$	109.6
Finance leases
Right-of-use assets	Property, plant and equipment, net	$	0.4
Current lease liabilities	Current portion of long-term debt	$	0.1
Non-current lease liabilities	Long-term debt	0.2
Total finance lease liabilities		$	0.3

Weighted-average remaining lease term and discount rate for the Company's leases were as follows:

	As of December 28, 2019
Weighted-average remaining lease term (in years):
Operating leases	4.9
Finance leases	2.6
Weighted-average discount rate:
Operating leases	3.88	%
Finance leases	4.86	%

Schedule of Supplemental Cash Flow and Other Information Related to Leases

Components of lease cost were as follows:

	Three months ended December 28, 2019 (in millions)
Operating lease cost	$	9.6
Finance lease cost:
Amortization of right-of-use assets	$	—
Interest on lease liabilities	—
Total finance lease cost	$	—
Short-term lease cost	$	0.7
Variable lease cost	$	0.9
Total lease cost	$	11.2

Supplemental cash flow information and non-cash activity related to the Company's leases was as follows:

	Three months ended December 28, 2019 (in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	8.6
Operating cash flows from finance leases	$	—
Financing cash flows from finance leases	$	—
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	2.5
Finance leases	$	—

Operating Lease Maturity

Future non-cancelable lease payments under prior lease accounting rules (ASC 840) and under the new lease accounting rules (ASC 842) that went into effect September 29, 2019 were as follows (in millions):

	As of December 28, 2019				As of September 28, 2019
	ASC 842				ASC 840
	Operating Leases		Finance Leases		Operating Leases
Fiscal Year
2020 (excluding the three months ended December 28, 2019)	$	28.6	$	0.1
2020					$	38.0
2021	30.0		0.1		29.3
2022	22.1		0.1		21.8
2023	11.6		—		11.3
2024	8.0		—		7.9
Thereafter	21.0		—		20.7
Total future undiscounted lease payments	$	121.3	$	0.3	$	129.0
Less imputed interest	(11.7)		—
Total reported lease liability	$	109.6	$	0.3

Finance Leases Maturity

Future non-cancelable lease payments under prior lease accounting rules (ASC 840) and under the new lease accounting rules (ASC 842) that went into effect September 29, 2019 were as follows (in millions):

	As of December 28, 2019				As of September 28, 2019
	ASC 842				ASC 840
	Operating Leases		Finance Leases		Operating Leases
Fiscal Year
2020 (excluding the three months ended December 28, 2019)	$	28.6	$	0.1
2020					$	38.0
2021	30.0		0.1		29.3
2022	22.1		0.1		21.8
2023	11.6		—		11.3
2024	8.0		—		7.9
Thereafter	21.0		—		20.7
Total future undiscounted lease payments	$	121.3	$	0.3	$	129.0
Less imputed interest	(11.7)		—
Total reported lease liability	$	109.6	$	0.3