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FINANCIAL DERIVATIVES AND HEDGING ACTIVITIES (Tables)
 12 Months Ended
Oct. 01, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivative Instruments The following table summarizes the amount of pre-tax income (loss) recognized from derivative instruments for the periods indicated:
Amount of Gain or (Loss) Recognized in OCI on Derivatives
Fiscal Year Ended
Location of Gain or (Loss) Reclassified from Accumulated OCI into Income
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income
Fiscal Year Ended
(In millions)
202120202019202120202019
Interest rate swap contracts
$— $(3.4)$(6.3)Interest expense$— 

$(1.5)$1.9 
The following table summarizes the amount of pre-tax 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 net investment hedges:
Amount of Gain or (Loss) Recognized in OCI on Derivatives
Fiscal Year Ended
Location of Gain or (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)
Amount of Gain or (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)
(In millions)
202120202019202120202019
Cross currency swap contracts
$(0.3)$(1.3)$(0.2)Interest expense$1.3 $1.5 $0.2 
Schedule of Derivative Instruments As of October 1, 2021, the Company had the following outstanding derivatives designated as net investment hedging instruments:
(In millions, except for number of instruments)
Number of Instruments
Notional Value
Cross currency swap contracts
3$66.6 
The following table summarizes the gross 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)
October 1, 2021October 2, 2020October 1, 2021October 2, 2020
Derivatives designated as net investment hedges
Balance sheet location
Balance sheet location
Cross currency swap contracts
Other current assets
$1.2 $1.3 Other current liabilities$— $— 
Cross currency swap contracts
Other non-current assets
— — Other non-current liabilities(2.4)(2.1)
$1.2 $1.3 $(2.4)$(2.1)