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Earnings (Loss) per Share (Tables)
 12 Months Ended
Sep. 25, 2015
Earnings (Loss) per Share [Abstract]  
Schedule of Earnings (Loss) per Share
The dilutive effect of the Company's share-based awards that were issued as a result of the conversion of Covidien share-based awards with the Separation, the conversion of Questcor share-based awards with the Questcor Acquisition, the initial equity awards granted to certain of the Company's executives on July 1, 2013 and any other Company grants made since the Separation have been included in the computation of diluted earnings per share for fiscal 2015, 2014 and 2013, calculated under the methodologies outlined above, weighted appropriately for the portion of the period they were outstanding.
 
2015
 
2014
 
2013
Earnings (loss) per share numerator:
 
 
 
 
 
Income (loss) from continuing operations attributable to common shareholders before allocation of earnings to participating securities
$
308.2

 
$
(143.8
)
 
$
8.2

Less: earnings allocated to participating securities
2.5

 
—

 
—

Income (loss) from continuing operations attributable to common shareholders, after earnings allocated to participating securities
305.7

 
(143.8
)
 
8.2

 
 
 
 
 
 
Income (loss) from discontinued operations
16.5

 
(175.5
)
 
50.6

Less: earnings from discontinued operations allocated to participating securities
0.1

 
—

 
—

Income (loss) from discontinued operations attributable to common shareholders, after allocation of earnings to participating securities
16.4

 
(175.5
)
 
50.6

Net income (loss) attributable to common shareholders, after allocation of earnings to participating securities
$
322.1

 
$
(319.3
)
 
$
58.8

Earnings (loss) per share denominator:
 
 
 
 
 
Weighted-average shares outstanding - basic
115.8

 
64.9

 
57.7

Impact of dilutive securities
1.4

 
—

 
0.1

Weighted-average shares outstanding - diluted
117.2

 
64.9

 
57.8

Basic earnings (loss) per share attributable to common shareholders
 
 
 
 
 
Income (loss) from continuing operations
$
2.64

 
$
(2.22
)
 
$
0.14

Income (loss) from discontinued operations
0.14

 
(2.70
)
 
0.88

Net income (loss) attributable to common shareholders
$
2.78

 
$
(4.92
)
 
$
1.02

Diluted earnings (loss) per share attributable to common shareholders
 
 
 
 
 
Income (loss) from continuing operations
$
2.61

 
$
(2.22
)
 
$
0.14

Income (loss) from discontinued operations
0.14

 
(2.70
)
 
0.88

Net income (loss) attributable to common shareholders
$
2.75

 
$
(4.92
)
 
$
1.02