Commitments and Contingencies (Tables)

12 Months Ended

Oct. 02, 2020

Commitments and Contingencies Disclosure [Abstract]

Accrued Product Warranty

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

	Fiscal Years
(In millions)	2020		2019
Accrued product warranty, at beginning of period	$	43.2	$	44.8
Charged to cost of revenues	58.6		54.2
Actual product warranty expenditures	(62.9)		(55.8)
Accrued product warranty, at end of period	$	38.9	$	43.2

Schedule of Liabilities for Future Environmental Costs

The table that follows presents information about the Company’s liabilities for future environmental costs at October 2, 2020, based on estimates as of that date.

(In millions)	Recurring Costs		Non-Recurring Costs		Total Anticipated Future Costs
Fiscal Years:
2021	$	0.5	$	0.5	$	1.0
2022	0.3		0.2		0.5
2023	0.3		0.1		0.4
2024	0.3		0.1		0.4
2025	0.4		0.9		1.3
Thereafter	0.4		0.3		0.7
Total costs	$	2.2	$	2.1	$	4.3
Less imputed interest					0.3
Reserve amount					$	4.0

Lease, Cost

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

	Twelve Months Ended
(In millions)	October 2, 2020
Operating lease cost	$	31.8
Finance lease cost:
Amortization of right-of-use assets	0.7
Interest on lease liabilities	0.5
Variable lease cost	16.5
Total lease cost	$	49.5

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

	Twelve Months Ended
(In millions)	October 2, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for leases	$	33.0

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

(In millions)	October 2, 2020
Operating leases:
Operating right-of-use assets	$	121.0
Accrued liabilities	$	27.2
Long-term lease liabilities	101.1
Total lease liabilities	$	128.3
Finance leases:
Property, plant, and equipment, net	$	11.5
Accrued liabilities	$	3.4
Other long-term liabilities	8.7
Total lease liabilities	$	12.1

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

	October 2, 2020
Weighted average remaining lease term in years
Operating leases	7.2
Finance leases	4.2
Weighted average discount rate
Operating leases	5.0	%
Finance leases	3.9	%

Lessee, Operating Lease, Liability, Maturity

As of October 2, 2020, the future minimum lease payments are as follows:

(In millions)	Operating Leases		Finance leases
2021	$	31.7	$	3.8
2022	26.3		3.1
2023	21.5		3.1
2024	15.8		1.2
2025	12.7		0.8
Thereafter	56.2		1.1
Total minimum lease payments	$	164.2	$	13.1
Less: imputed interest	35.9		1.0
Total lease liability	$	128.3	$	12.1

Finance Lease, Liability, Fiscal Year Maturity

As of October 2, 2020, the future minimum lease payments are as follows:

(In millions)	Operating Leases		Finance leases
2021	$	31.7	$	3.8
2022	26.3		3.1
2023	21.5		3.1
2024	15.8		1.2
2025	12.7		0.8
Thereafter	56.2		1.1
Total minimum lease payments	$	164.2	$	13.1
Less: imputed interest	35.9		1.0
Total lease liability	$	128.3	$	12.1