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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 30, 2016
Dec. 25, 2015
Net sales $ 829.9 $ 811.2
Cost of sales 384.1 360.3
Gross profit 445.8 450.9
Selling, general and administrative expenses 368.3 223.3
Research and development expenses 66.2 61.4
Restructuring charges, net 3.8 4.1
Non-restructuring impairment charges 214.3 0.0
Operating (loss) income (206.8) 162.1
Interest expense (91.3) (97.8)
Interest income 0.5 0.2
Other income (loss), net (0.9) 2.0
Income from continuing operations before income taxes (298.5) 66.5
Income tax benefit (121.7) (37.3)
Income from continuing operations (176.8) 103.8
Income from discontinued operations, net of income taxes 23.6 107.3
Net (loss) income $ (153.2) $ 211.1
Basic earnings per share (Note 7):    
Income from continuing operations per share $ (1.67) $ 0.90
Income (loss) from discontinued operations, per share 0.22 0.93
Net income, per share $ (1.45) $ 1.83
Basic weighted-averaged shares outstanding (in shares) 105.7 115.4
Diluted earnings per share (Note 7):    
Income from continuing operations, per share $ (1.67) $ 0.89
Income (loss) from discontinued operations, per share 0.22 0.92
Net income, per share $ (1.45) $ 1.82
Diluted weighted-average shares outstanding (in shares) 105.7 116.3