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Stockholders' Equity (Tables)
9 Months Ended
Jun. 27, 2015
Stockholders' Equity  
Summary of share repurchase activity

 

 

 

 

Thirty-nine weeks ended

 

 

 

 

 

June 27, 2015

 

Fiscal 2014(1)

 

Number of shares acquired on the open market

 

2,318,964 

 

3,798,084 

 

Average price per share of open market acquired shares

 

$

127.12 

 

$

92.79 

 

 

 

 

 

 

 

Number of shares acquired from Lavazza

 

5,231,991 

 

 

Average price per share of Lavazza acquired shares

 

$

119.18 

 

$

 

 

 

 

 

 

 

Number of shares under February 2014 ASR

 

1,489,476 

 

4,340,508 

 

Average price per share of ASR shares(2)

 

$

120.07 

 

N/A

 

 

 

 

 

 

 

Total cost of acquired shares (in thousands)

 

$

918,356 

 

$

1,052,430 

 

 

(1) Total cost of acquired shares in fiscal 2014 includes initial purchase price of $700.0 million under the ASR.

(2) Average price per share for total shares repurchased under February 2014 ASR.

 

Changes in components of accumulated other comprehensive income (loss), net of tax

 

The following tables provide the changes in the components of accumulated other comprehensive income (loss), net of tax (in thousands):

 

 

 

 

Thirteen weeks ended

 

Thirteen weeks ended

 

 

 

June 27, 2015

 

June 28, 2014

 

 

 

Cash Flow
Hedges

 

Translation

 

Accumulated
Other
Comprehensive
Income (Loss)

 

Cash Flow
Hedges

 

Translation

 

Accumulated
Other
Comprehensive
Income (Loss)

 

Balance, beginning of period

 

$

4,611

 

$

(170,220

)

$

(165,609

)

$

4,630

 

$

(57,223

)

$

(52,593

)

Other comprehensive gain (loss), before reclassifications

 

(102

)

19,771

 

19,669

 

(410

)

23,525

 

23,115

 

Amounts reclassified from accumulated other comprehensive income (loss)

 

(2,050

)

 

(2,050

)

1,468

 

 

1,468

 

Foreign currency exchange impact on cash flow hedges

 

1

 

 

1

 

2

 

(4

)

(2

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net current period other comprehensive loss

 

(2,151

)

19,771

 

17,620

 

1,060

 

23,521

 

24,581

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, end of period

 

$

2,460

 

$

(150,449

)

$

(147,989

)

$

5,690

 

$

(33,702

)

$

(28,012

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thirty-nine weeks ended

 

Thirty-nine weeks ended

 

 

 

 

 

 

 

 

 

June 27, 2015

 

June 28, 2014

 

 

 

 

 

 

 

 

 

Cash Flow
Hedges

 

Translation

 

Accumulated
Other
Comprehensive
Income (Loss)

 

Cash Flow
Hedges

 

Translation

 

Accumulated
Other
Comprehensive
Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, beginning of period

 

$

8,952

 

$

(63,003

)

$

(54,051

)

$

(7,150

)

$

(12,035

)

$

(19,185

)

Other comprehensive gain (loss), before reclassifications

 

112

 

(87,446

)

(87,334

)

10,513

 

(21,667

)

(11,154

)

Amounts reclassified from accumulated other comprehensive income (loss)

 

(6,602

)

 

(6,602

)

2,329

 

 

2,329

 

Foreign currency exchange impact on cash flow hedges

 

(2

)

 

(2

)

(2

)

 

(2

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net current period other comprehensive loss

 

(6,492

)

(87,446

)

(93,938

)

12,840

 

(21,667

)

(8,827

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, end of period

 

$

2,460

 

$

(150,449

)

$

(147,989

)

$

5,690

 

$

(33,702

)

$

(28,012

)