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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Sep. 27, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table reflects goodwill by reportable operating segment:
(In millions)
Medical
 
Industrial
 
Total
Balance at September 28, 2018
$
147.0

 
$
96.6

 
$
243.6

Business combination
26.0

 
21.2

 
47.2

Balance at September 27, 2019
$
173.0

 
$
117.8

 
$
290.8


Schedule of Finite-Lived Intangible Assets
The following table reflects the gross carrying amount and accumulated amortization of the Company’s finite-lived intangible assets included in other assets in the consolidated balance sheets:
 
September 27, 2019
 
September 28, 2018
(In millions)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Acquired existing technology
$
74.1

 
$
(28.4
)
 
$
45.7

 
$
57.9

 
$
(21.8
)
 
$
36.1

Patents, licenses and other
12.7

 
(8.4
)
 
4.3

 
9.9

 
(7.4
)
 
2.5

Customer contracts and supplier relationship
50.7

 
(17.2
)
 
33.5

 
42.6

 
(11.4
)
 
31.2

Total intangible assets with finite lives
137.5

 
(54.0
)
 
83.5

 
110.4

 
(40.6
)
 
69.8

In-process R&D with indefinite lives
2.8

 
0.0

 
2.8

 
4.0

 
0.0

 
4.0

Total intangible assets
$
140.3

 
$
(54.0
)
 
$
86.3

 
$
114.4

 
$
(40.6
)
 
$
73.8

 
 
 
 
 
 
 
 
 
 
 
 

Schedule of Indefinite-Lived Intangible Assets
The following table reflects the gross carrying amount and accumulated amortization of the Company’s finite-lived intangible assets included in other assets in the consolidated balance sheets:
 
September 27, 2019
 
September 28, 2018
(In millions)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Acquired existing technology
$
74.1

 
$
(28.4
)
 
$
45.7

 
$
57.9

 
$
(21.8
)
 
$
36.1

Patents, licenses and other
12.7

 
(8.4
)
 
4.3

 
9.9

 
(7.4
)
 
2.5

Customer contracts and supplier relationship
50.7

 
(17.2
)
 
33.5

 
42.6

 
(11.4
)
 
31.2

Total intangible assets with finite lives
137.5

 
(54.0
)
 
83.5

 
110.4

 
(40.6
)
 
69.8

In-process R&D with indefinite lives
2.8

 
0.0

 
2.8

 
4.0

 
0.0

 
4.0

Total intangible assets
$
140.3

 
$
(54.0
)
 
$
86.3

 
$
114.4

 
$
(40.6
)
 
$
73.8

 
 
 
 
 
 
 
 
 
 
 
 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of September 27, 2019, the estimated future amortization expense of intangible assets with finite lives is as follows:
(In millions)
 
Fiscal years:
 
2020
$
17.2

2021
16.3

2022
14.7

2023
13.7

2024
9.1

Thereafter
12.5

Total
$
83.5