FINANCIAL DERIVATIVES AND HEDGING ACTIVITIES (Tables)

3 Months Ended

Dec. 29, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

As of December 29, 2017, the Company had the following outstanding derivatives designated as hedging instruments:

(In millions, except for number of instruments)	Number of Instruments	Notional Value
Interest Rate Swap Contracts	6	$	288.8

Derivative Instruments, Gain (Loss)

The following table summarizes the amount of income recognized from derivative instruments for the periods indicated and the line items in the accompanying statements of operations where the results are recorded for cash flow hedges:

	Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion) Three months ended				Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) Three months ended					Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)	Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion) Three months ended
(In millions)	2017		2016			2017			2016			2017		2016
Interest Rate Swap Contracts	$	2.1	$	—	Interest expense	$	(0.3	)	$	—	Interest expense	$	—	$	—

The Company expects that approximately $(1.0) million recorded as a component of accumulated other comprehensive income (loss) will be realized in the statements of earnings over the next 12 months and the amount will vary depending on interest rates.

These derivative instruments are subject to master netting agreements giving effect to rights of offset with each counterparty. The following table summarizes the fair values of derivative instruments as of the periods indicated and the line items in the accompanying consolidated balance sheets where the instruments are recorded:

	Derivative Assets					Derivative Liabilities
(In millions)		December 29, 2017		September 29, 2017			December 29, 2017		September 29, 2017
Derivatives designated as cash flow hedges	Balance sheet location					Balance sheet location
Interest rate swap contracts	Other non-current assets	$	3.1	$	1.6	Other non-current liabilities	$	—	$	—
Interest rate swap contracts	Other current assets	0.2		—		Other current liabilities	—		(0.6		)
		$	3.3	$	1.6		$	—	$	(0.6	)