COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Apr. 03, 2020

Commitments and Contingencies Disclosure [Abstract]

Accrued Product Warranty

The following table reflects the changes in the Company’s accrued product warranty:

	Six Months Ended
(In millions)	April 3, 2020		March 29, 2019
Accrued product warranty, at beginning of period	$	43.1	$	44.8
Charged to cost of revenues	33.4		27.7
Actual product warranty expenditures	(33.3)		(25.7)
Accrued product warranty, at end of period	$	43.2	$	46.8

Components of Lease Expense, Supplemental Cash Flow Information and Supplemental Balance Sheet Information

The following table summarizes the components of the Company's lease cost:

	Three Months Ended		Six Months Ended
(In millions)	April 3, 2020		April 3, 2020
Operating lease cost	$	7.6	$	15.4
Finance lease cost:
Amortization of right-of-use assets	0.2		0.3
Interest on lease liabilities	0.2		0.3
Variable lease cost	4.2		8.7
Total lease cost	$	12.2	$	24.7

The following table summarizes the supplemental cash flow information related to the Company's operating leases:

	Six Months Ended
(In millions)	April 3, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for leases	$	16.6

The following table summarizes supplemental balance sheet information related to the Company's operating and finance leases:

(In millions)	April 3, 2020
Operating leases:
Operating right-of-use assets	$	123.8
Accrued liabilities	$	24.4
Long-term lease liabilities	100.4
Total lease liabilities	$	124.8
Finance leases:
Property, plant, and equipment, net	$	12.8
Accrued liabilities	$	3.5
Other long-term liabilities	9.2
Total lease liabilities	$	12.7

The following table summarizes the weighted lease term and discount rate by operating and finance leases:

	April 3, 2020
Weighted average remaining lease term in years
Operating leases	7.5
Finance leases	4.6
Weighted average discount rate
Operating leases	5.0	%
Finance leases	4.0	%

Future Minimum Operating Lease Payments

As of April 3, 2020, the future minimum lease payments are as follows:

(In millions)	Operating Leases		Finance leases
Remainder of 2020	$	15.0	$	1.8
2021	28.0		3.3
2022	22.4		2.8
2023	17.6		2.8
2024	13.3		1.1
Thereafter	63.6		2.0
Total minimum lease payments	$	159.9	$	13.8
Less: imputed interest	35.1		1.1
Total lease liability	$	124.8	$	12.7

Finance Lease Liability Maturity

As of April 3, 2020, the future minimum lease payments are as follows:

(In millions)	Operating Leases		Finance leases
Remainder of 2020	$	15.0	$	1.8
2021	28.0		3.3
2022	22.4		2.8
2023	17.6		2.8
2024	13.3		1.1
Thereafter	63.6		2.0
Total minimum lease payments	$	159.9	$	13.8
Less: imputed interest	35.1		1.1
Total lease liability	$	124.8	$	12.7