STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Jul. 03, 2020

The Company repurchased shares of VMS common stock during the periods presented as follows:


	Three Months Ended						Nine Months Ended
(In millions, except per share amounts)	July 3, 2020		June 28, 2019		July 3, 2020		June 28, 2019
Number of shares	—		0.4		0.6		1.1
Average repurchase price per share	$	—	$	138.90	$	133.02	$	123.15
Total cost of shares repurchased	$	—	$	48.6	$	86.2	$	134.2

Accumulated Other Comprehensive Earnings (Loss) and Related Tax Effects

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 27, 2019	$	(61.7)	$	2.1	$	(42.5)	$	(102.1)
Other comprehensive earnings (loss) before reclassifications	—		1.1		(12.2)		(11.1)
Amounts reclassified out of other comprehensive earnings (loss)	2.5		(3.0)		—		(0.5)
Tax expense	(0.3)		0.5		—		0.2
Balance at July 3, 2020	$	(59.5)	$	0.7	$	(54.7)	$	(113.5)


(In millions)	Net Unrealized Gains (Losses) Defined Benefit Pension and Post-Retirement Benefit Plans		Net Unrealized (Losses) Cash Flow Hedging Instruments		Cumulative Translation Adjustment		Accumulated Other Comprehensive Loss
Balance at September 28, 2018	$	(35.2)	$	—	$	(30.1)	$	(65.3)
Other comprehensive loss before reclassifications	—		(0.3)		(4.8)		(5.1)
Amounts reclassified out of other comprehensive earnings	1.1		—		—		1.1
Tax expense	(0.2)		—		—		(0.2)
Balance at June 28, 2019	$	(34.3)	$	(0.3)	$	(34.9)	$	(69.5)

Amounts Reclassified Out of Other Comprehensive Earnings (Loss)

The amounts reclassified, before taxes, out of other comprehensive earnings (loss) into the Condensed Consolidated Statements of Earnings, with line item location, during each period were as follows:


(In millions)	Three Months Ended						Nine Months Ended
Other Comprehensive Earnings (Loss) Components	July 3, 2020		June 28, 2019		July 3, 2020		June 28, 2019		Line Item in Statements of Earnings
Unrealized loss on defined benefit pension and post-retirement benefit plans	$	(0.8)	$	(0.4)	$	(2.5)	$	(1.1)	Other income, net
Unrealized earnings on cash flow hedging instruments	1.1		—		3.0		—		Revenues
Total amounts reclassified out of other comprehensive earnings (loss)	$	0.3	$	(0.4)	$	0.5	$	(1.1)