XML 20 R78.htm IDEA: XBRL DOCUMENT v2.4.1.9
Financial Instruments and Fair Value Measurements (Schedule of Carrying Amount and Fair Value of Long-term Debt) (Details) (USD $)
In Millions, unless otherwise specified
Dec. 26, 2014
Sep. 26, 2014
Carrying Value | Secured Debt | Receivable Securitization    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt $ 150.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_ReceivableSecuritizationMaturityDateofJuly2017Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
$ 150.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_ReceivableSecuritizationMaturityDateofJuly2017Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
Carrying Value | Secured Debt | 2.85% Term Loan    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 2.9us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_TwoPointEightFivePercentTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
3.1us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_TwoPointEightFivePercentTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
Carrying Value | Secured Debt | Term Loan and New Term Loan    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 1,987.3us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_TermLoanandNewTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
1,990.3us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_TermLoanandNewTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
Carrying Value | Secured Debt | 4.00% Term Loan    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 10.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FourPointZeroZeroPercentTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
10.8us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FourPointZeroZeroPercentTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
Carrying Value | Senior Notes | 3.50% Senior Notes    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 300.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_ThreePointFivePercentNoteMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
300.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_ThreePointFivePercentNoteMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
Carrying Value | Senior Notes | 5.75% Senior Notes    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 900.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FivePointSevenFivePercentNotesMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
900.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FivePointSevenFivePercentNotesMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
Carrying Value | Senior Notes | 4.75% Senior Notes    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 598.4us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FourPointSevenFivePercentNoteMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
598.3us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FourPointSevenFivePercentNoteMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
Carrying Value | Debentures | 9.50% Debenture    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 10.4us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_NinePointFivePercentDebentureMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= mnk_DebenturesMember
10.4us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_NinePointFivePercentDebentureMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= mnk_DebenturesMember
Carrying Value | Debentures | 8.00% Debenture    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 4.7us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_EightPercentDebentureMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= mnk_DebenturesMember
8.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_EightPercentDebentureMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= mnk_DebenturesMember
Fair Value | Secured Debt | Receivable Securitization    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 150.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_ReceivableSecuritizationMaturityDateofJuly2017Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
150.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_ReceivableSecuritizationMaturityDateofJuly2017Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
Fair Value | Secured Debt | 2.85% Term Loan    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 2.9us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_TwoPointEightFivePercentTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
3.1us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_TwoPointEightFivePercentTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
Fair Value | Secured Debt | Term Loan and New Term Loan    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 1,950.6us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_TermLoanandNewTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
1,970.4us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_TermLoanandNewTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
Fair Value | Secured Debt | 4.00% Term Loan    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 10.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FourPointZeroZeroPercentTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
10.8us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FourPointZeroZeroPercentTermLoanMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
Fair Value | Senior Notes | 3.50% Senior Notes    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 289.2us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_ThreePointFivePercentNoteMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
290.2us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_ThreePointFivePercentNoteMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
Fair Value | Senior Notes | 5.75% Senior Notes    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 926.9us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FivePointSevenFivePercentNotesMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
907.3us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FivePointSevenFivePercentNotesMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
Fair Value | Senior Notes | 4.75% Senior Notes    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 560.0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FourPointSevenFivePercentNoteMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
563.8us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_FourPointSevenFivePercentNoteMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
Fair Value | Debentures | 9.50% Debenture    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt 12.6us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_NinePointFivePercentDebentureMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= mnk_DebenturesMember
14.2us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_NinePointFivePercentDebentureMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= mnk_DebenturesMember
Fair Value | Debentures | 8.00% Debenture    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long term debt $ 5.3us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_EightPercentDebentureMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= mnk_DebenturesMember
$ 10.2us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mnk_EightPercentDebentureMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_LongtermDebtTypeAxis
= mnk_DebenturesMember