FINANCIAL DERIVATIVES AND HEDGING ACTIVITIES (Tables)

6 Months Ended

Mar. 29, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

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

As of March 29, 2019, 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	$	270.0

Derivative Instruments, Gain (Loss)

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 and Liabilities
(In millions)		March 29, 2019		September 28, 2018
Derivatives designated as cash flow hedges	Balance sheet location
Interest rate swap contracts	Other current assets	$	1.7	$	2.2
Interest rate swap contracts	Other non-current assets	1.3		5.5
		$	3.0	$	7.7

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)	March 29, 2019			March 30, 2018			March 29, 2019		March 30, 2018				March 29, 2019		March 30, 2018
Interest Rate Swap Contracts	$	(1.2	)	$	2.8	Interest expense	$	0.6	$	(0.1	)	Interest expense	$	—	$	—

	Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion) Six 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) Six 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) Six months ended
(In millions)	March 29, 2019			March 30, 2018			March 29, 2019		March 30, 2018				March 29, 2019		March 30, 2018
Interest Rate Swap Contracts	$	(3.7	)	$	4.8	Interest expense	$	1.0	$	(0.3	)	Interest expense	$	—	$	—

Schedule of Derivative Instruments [Table Text Block]

The following table shows the notional amounts of outstanding foreign currency contracts as of March 29, 2019:

In millions	Notional Amounts (in U.S. dollars)		Net Unrealized Gain (Loss)
Japanese yen	$	1.8	$	—
Swiss franc	1.2		—
Chinese renminbi	3.4		—
Euro	70.7		(0.6		)
	$	77.1	$	(0.6	)