XML 46 R34.htm IDEA: XBRL DOCUMENT v3.20.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Jul. 03, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table reflect goodwill by reportable operating segment:
(In millions)MedicalIndustrialTotal
Balance at September 27, 2019$173.0  $117.8  $290.8  
Balance at July 3, 2020$173.0  $117.8  $290.8  
Schedule of Indefinite-Lived Intangible Assets
The following table reflects the gross carrying amount and accumulated amortization of the Company’s intangible assets included in other assets in the condensed consolidated balance sheets:
July 3, 2020September 27, 2019
(In millions)
Gross Carrying Amount
Accumulated Amortization
Net Carrying AmountGross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Acquired existing technology
$74.1  $(35.2) $38.9  $74.1  $(28.4) $45.7  
Patents, licenses and other
$12.8  $(9.4) $3.4  $12.7  $(8.4) $4.3  
Customer contracts and supplier relationship
$50.7  $(22.4) $28.3  $50.7  $(17.2) $33.5  
Total intangible assets with finite lives
$137.6  $(67.0) $70.6  $137.5  $(54.0) $83.5  
In-process R&D with indefinite lives
$—  $—  $—  $2.8  $—  $2.8  
Total intangible assets
$137.6  $(67.0) $70.6  $140.3  $(54.0) $86.3  
Schedule of Finite-Lived Intangible Assets
The following table reflects the gross carrying amount and accumulated amortization of the Company’s intangible assets included in other assets in the condensed consolidated balance sheets:
July 3, 2020September 27, 2019
(In millions)
Gross Carrying Amount
Accumulated Amortization
Net Carrying AmountGross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Acquired existing technology
$74.1  $(35.2) $38.9  $74.1  $(28.4) $45.7  
Patents, licenses and other
$12.8  $(9.4) $3.4  $12.7  $(8.4) $4.3  
Customer contracts and supplier relationship
$50.7  $(22.4) $28.3  $50.7  $(17.2) $33.5  
Total intangible assets with finite lives
$137.6  $(67.0) $70.6  $137.5  $(54.0) $83.5  
In-process R&D with indefinite lives
$—  $—  $—  $2.8  $—  $2.8  
Total intangible assets
$137.6  $(67.0) $70.6  $140.3  $(54.0) $86.3