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OTHER FINANCIAL INFORMATION
 6 Months Ended
Mar. 29, 2019
Other Financial Information [Abstract]  
OTHER FINANCIAL INFORMATION OTHER FINANCIAL INFORMATION 
Contracts with Customers
The following table provides the Company's unbilled receivables and deferred revenues from contracts with customers:
(In millions)
March 29,
2019
 
September 28,
2018
Unbilled receivables - current
$
333.6

 
$
362.8

Unbilled receivables - long-term (1)
60.5

 
36.3

Deferred revenues - current
(757.9
)
 
(729.7
)
Deferred revenues - long-term (2)
(65.7
)
 
(38.6
)
Total net unbilled receivables (deferred revenues)
$
(429.5
)
 
$
(369.2
)
(1) 
Included in other assets on the Company's Condensed Consolidated Balance Sheets.
(2) 
Included in other long-term liabilities on the Company's Condensed Consolidated Balance Sheets.
During the six months ended March 29, 2019, unbilled receivables, net of deferred revenues, decreased by $60.3 million primarily due to the contractual timing of billings occurring after the revenues were recognized, as well as the timing of milestone payments.
During the three and six months ended March 29, 2019, the Company recognized revenues of $124.4 million and $337.8 million, respectively, which were included in the deferred revenues balance at September 28, 2018. During the three and six months ended March 30, 2018, the Company recognized revenues of $107.4 million and $300.5 million, which were included in the deferred revenues balance at September 29, 2017.
Unfulfilled Performance Obligations
The following table represents the Company's unfulfilled performance obligations as of March 29, 2019, and the estimated revenue expected to be recognized in the future related to these unfulfilled performance obligations:
 
Fiscal Years of Revenue Recognition
(In millions)
Remainder of 2019
 
2020
 
2021
 
Thereafter
Unfulfilled Performance Obligations
$
1,143.7

 
$
2,287.3

 
$
854.6

 
$
2,195.7


The table above includes both product and service unfulfilled performance obligations, which includes a component of service performance obligations which have not been invoiced. The fiscal years presented reflect management’s best estimate of when the Company will transfer control to the customer and may change based on timing of shipment, readiness of customers’ facilities for installation, installation requirements, and availability of products or customer acceptance terms.
Cash, Cash Equivalents, and Restricted Cash
The following table summarizes the Company's cash, cash equivalents and restricted cash:
(In millions)
March 29,
2019
 
September 28,
2018
Cash and cash equivalents
$
546.3

 
$
504.8

Restricted cash - current (1)
4.0

 
3.1

Restricted cash - long-term (2)
8.6

 
8.5

  Total cash, cash equivalents and restricted cash
$
558.9

 
$
516.4

(1) 
Included in prepaid and other current assets on the Company's Condensed Consolidated Balance Sheets.
(2) 
Included in other assets on the Company's Condensed Consolidated Balance Sheets.
Inventories
The following table summarizes the Company's inventories:
(In millions)
March 29,
2019
 
September 28,
2018
Raw materials and parts
$
331.0

 
$
304.1

Work-in-process
67.0

 
50.6

Finished goods
80.0

 
83.4

Total inventories
$
478.0

 
$
438.1


Other Long-Term Liabilities
The following table summarizes the Company's other long-term liabilities:
(In millions)
March 29,
2019
 
September 28,
2018
Long-term income taxes payable
$
181.2

 
$
189.1

Deferred income taxes
29.0

 
31.4

Long-term deferred revenues
65.7

 
38.6

Other
55.4

 
65.2

Total other long-term liabilities
$
331.3

 
$
324.3


Other Income (Expense), Net
The following table summarizes the Company's other income (expense), net:
 
Three Months Ended
 
Six Months Ended
(In millions)
March 29,
2019
 
March 30,
2018
 
March 29,
2019
 
March 30,
2018
Gain (loss) on sale of equity investments
$
(0.2
)
 
$
—

 
$
21.8

 
$
—

Loss on hedges related to acquisition-related activities
—

 
(16.4
)
 
—

 
(16.4
)
Net foreign currency exchange gain (loss)
(0.5
)
 
(0.2
)
 
0.8

 
0.2

Other
0.9

 
1.8

 
0.6

 
1.2

Total other income (expense), net
$
0.2

 
$
(14.8
)
 
$
23.2

 
$
(15.0
)