Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Oct. 02, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Instruments Reported on the Balance Sheet

		October 2, 2020		September 27, 2019
(In millions)	Balance Sheet Location	Fair Value		Fair Value
Derivatives designated as hedging instruments:
Foreign exchange forward contracts	Prepaid expenses and other current assets	$	—	$	2.8
Foreign exchange forward contracts	Accrued liabilities	(0.1)		—
Total derivatives		$	(0.1)	$	2.8

Schedule of Cash Flow Hedging Activities

The Company had the following outstanding foreign currency forward contracts that were entered into to hedge forecasted revenues and designated as cash flow hedges:

	October 2, 2020		September 27, 2019
(In millions)	Notional Value Sold
Australian Dollar	$	19.3	$	—
Euro	117.3		76.5
Japanese Yen	61.0		56.7
	$	197.6	$	133.2

Effective Portion of Foreign Currency Forward Contracts Designated as Cash Flow Hedges

The following table presents the amounts, before tax, recognized in accumulated other comprehensive loss on the Consolidated Balance Sheets that are related to the foreign currency forward contracts designated as cash flow hedges:

	Gain (Loss) Recognized in Other Comprehensive Earnings (Loss)
	Fiscal Years
(In millions)	2020		2019		2018
Foreign currency forward contracts	$	(0.3)	$	3.0	$	(0.9)

As of October 2, 2020, the net unrealized loss on derivatives, before tax, of $0.1 million was included in accumulated other comprehensive loss on the Consolidated Balance Sheets and is expected to be reclassified to earnings over the next 12 months.

The effect of cash flow hedge accounting on the Company's total revenues in the Consolidated Statements of Earnings was as follows:

	Gain (Loss) Recognized in Earnings (Loss) on Cash Flow Hedging Relationships
		Twelve Months Ended
		October 2,		September 27,		September 28,
(In millions)		2020		2019		2018
Total revenues		$	3,168.2	$	3,225.1	$	2,919.1
Gain (loss) on cash flow hedge relationships:
Foreign exchange contracts:
Amount gain (loss) reclassified from other comprehensive earnings (loss) into earnings		$	2.6	$	0.2	$	(0.9)

Outstanding Foreign Currency Forward Contracts

The notional amount of the Company's outstanding foreign currency forward contracts:

(In millions)	October 2, 2020		September 27, 2019
Notional value sold	$	459.7	$	385.0
Notional value purchased	$	117.5	$	52.3

Gains (Losses) Related to Foreign Currency Forward Exchange Contracts that are Not Designated as Hedging Instruments

The following table presents the gains (losses) recognized in the Company's Consolidated Statements of Earnings related to the foreign currency forward contracts that are not designated as hedging instruments.

Location of Gain (Loss) Recognized in Net Earnings on Derivative	Amount of Gain (Loss) Recognized in Net Earnings on Derivative
	Fiscal Years
(In millions)	2020		2019		2018
Other (expense) income, net	$	(6.1)	$	18.1	$	19.5