XML 75 R40.htm IDEA: XBRL DOCUMENT v3.19.3
Stockholders' Equity and Noncontrolling Interests (Tables)
12 Months Ended
Sep. 27, 2019
Equity [Abstract]  
Share Repurchases
The Company repurchased shares of VMS common stock under various authorizations during the periods presented as follows:
 
Fiscal Years
(In millions, except per share amounts)
2019
 
2018
 
2017
Number of shares
1.4

 
1.6

 
3.3

Average repurchase price per share
$
121.76

 
$
112.63

 
$
90.63

Total cost
$
166.7

 
$
181.9

 
$
294.5


Schedule of Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Earnings
The changes in accumulated other comprehensive loss by component and related tax effects are summarized as follows:
(In millions)
 
Net Unrealized Gains (Losses) Defined Benefit Pension and Post-Retirement Benefit Plans
 
Net Unrealized Gains (Losses) Cash Flow Hedging Instruments
 
Cumulative Translation Adjustment
 
Accumulated Other Comprehensive Loss
Balance at September 30, 2016
 
$
(63.3
)
 
$

 
$
(37.5
)
 
$
(100.8
)
Other comprehensive earnings before reclassifications
 
19.8

 

 
12.8

 
32.6

Amounts reclassified out of other comprehensive earnings (loss)
 
3.4

 

 

 
3.4

Tax expense
 
(4.0
)
 

 

 
(4.0
)
Balance at September 29, 2017
 
(44.1
)
 

 
(24.7
)
 
(68.8
)
Other comprehensive earnings (loss) before reclassifications
 
9.0

 
(0.9
)
 
(5.4
)
 
2.7

Amounts reclassified out of other comprehensive earnings (loss)
 
1.7

 
0.9

 

 
2.6

Tax expense
 
(1.8
)
 

 

 
(1.8
)
Balance at September 28, 2018
 
(35.2
)
 

 
(30.1
)
 
(65.3
)
Other comprehensive earnings (loss) before reclassifications
 
(32.3
)
 
3.0

 
(12.4
)
 
(41.7
)
Amounts reclassified out of other comprehensive earnings (loss)
 
1.5

 
(0.2
)
 

 
1.3

Tax benefit (expense)
 
4.3

 
(0.7
)
 

 
3.6

Balance at September 27, 2019
 
$
(61.7
)
 
$
2.1

 
$
(42.5
)
 
$
(102.1
)

Schedule of Amounts Reclassified Out of Other Comprehensive Earnings
The amounts reclassified out of other comprehensive earnings (loss) into the Consolidated Statements of Earnings, with line item location, during each period were as follows (in millions): 
 
 
Fiscal Years
 
 
Comprehensive Earnings (Loss) Components
 
2019
 
2018
 
2017
 
Line Item in Statements of Earnings
Unrealized loss on defined benefit pension and post-retirement benefit plans
 
$
(1.5
)
 
$
(1.7
)
 
$
(3.4
)
 
Other income, net
Unrealized earnings (loss) on cash flow hedging instruments
 
0.2

 
(0.9
)
 

 
Revenues
Total amounts reclassified out of other comprehensive earnings (loss)
 
$
(1.3
)
 
$
(2.6
)
 
$
(3.4
)