Leases (Tables)

6 Months Ended

Mar. 27, 2021

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


	Balance Sheet Classification	As of March 27, 2021		As of March 28, 2020
		(in millions)
Operating leases
Right-of-use assets	Operating lease right-of-use assets	$	135.6	$	99.1
Current lease liabilities	Current lease liabilities	$	40.6	$	32.4
Non-current lease liabilities	Long-term lease liabilities	99.8		70.8
Total operating lease liabilities		$	140.4	$	103.2

Finance leases
Right-of-use assets	Property, plant and equipment, net	$	0.3	$	0.4
Current lease liabilities	Current portion of long-term debt	$	0.1	$	0.1
Non-current lease liabilities	Long-term debt	—		0.1
Total finance lease liabilities		$	0.1	$	0.2

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


	As of March 27, 2021		As of March 28, 2020

Weighted-average remaining lease term (in years):
Operating leases	4.6		4.8
Finance leases	1.5		2.4
Weighted-average discount rate:
Operating leases	2.8	%	3.8	%
Finance leases	4.8	%	4.9	%

Components of lease cost were as follows:


	Six months ended March 27, 2021		Six months ended March 28, 2020
	(in millions)
Operating lease cost	$	21.0	$	19.3
Finance lease cost:
Amortization of right-of-use assets	$	—	$	—
Interest on lease liabilities	—		—
Total finance lease cost	$	—	$	—
Short-term lease cost	$	2.1	$	1.7
Variable lease cost	$	4.9	$	3.5
Total lease cost	$	28.0	$	24.5

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


	Six months ended March 27, 2021		Six months ended March 28, 2020
	(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	18.6	$	17.8
Operating cash flows from finance leases	$	—	$	—
Financing cash flows from finance leases	$	—	$	—
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	38.7	$	5.0
Finance leases	$	—	$	—

Future non-cancelable lease payments are as follows:


	As of March 27, 2021
	Operating Leases		Finance Leases
Fiscal Year	(in millions)
2021 (remaining six months)	$	22.5	$	0.1
2022	40.5		—
2023	29.0		—
2024	22.4		—
2025	16.6		—
Thereafter	19.6		—
Total future undiscounted lease payments	$	150.6	$	0.1
Less imputed interest	(10.2)		—
Total reported lease liability	$	140.4	$	0.1

Future non-cancelable lease payments are as follows:


	As of March 27, 2021
	Operating Leases		Finance Leases
Fiscal Year	(in millions)
2021 (remaining six months)	$	22.5	$	0.1
2022	40.5		—
2023	29.0		—
2024	22.4		—
2025	16.6		—
Thereafter	19.6		—
Total future undiscounted lease payments	$	150.6	$	0.1
Less imputed interest	(10.2)		—
Total reported lease liability	$	140.4	$	0.1