Retirement Plans (Tables)

12 Months Ended

Sep. 27, 2013

Schedule of Funded Status of the Defined Benefit Pension and Post-Retirement Benefit Plans

The following table presents the funded status of the defined benefit pension and post-retirement benefit plans:

	Defined Benefit Plans						Post-Retirement Benefit Plan
(In millions)	September27, 2013			September28, 2012				September27, 2013			September28, 2012
Change in benefit obligation:
Benefit obligation - beginning of fiscal year	$	181.1		$	160.5			$	5.6		$	5.9
Service cost		4.8			4.3				-			-
Interest cost		5.2			5.3				0.2			0.3
Plan participants’ contributions		10.9			5.3				-			-
Plan amendment		0.5			-				-			-
Plan settlement		(4.7	)		(2.5	)			-			-
Plan curtailment		-			(0.2	)			-			-
Actuarial (gain) loss		(0.7	)		14.5				(0.5	)		(0.1	)
Foreign currency changes		3.2			(2.4	)			-			-
Benefit and expense payments		(4.6	)		(3.7	)			(0.5	)		(0.5	)
Benefit obligation - end of fiscal year	$	195.7		$	181.1			$	4.8		$	5.6
Change in plan assets:
Plan assets - beginning of fiscal year	$	142.6		$	125.5			$	-		$	-
Employer contributions		22.2			9.6				0.5			0.5
Actual return on plan assets		11.6			9.8				-			-
Plan participants’ contributions		10.9			5.3				-			-
Plan settlement		(4.7	)		(2.5	)			-			-
Foreign currency changes		2.8			(1.4	)			-			-
Benefit and expense payments		(4.6	)		(3.7	)			(0.5	)		(0.5	)
Plan assets - end of fiscal year	$	180.8		$	142.6			$	-		$	-
Funded status	$	(14.9	)	$	(38.5	)		$	(4.8	)	$	(5.6	)
Amounts recognized within the consolidated balance sheet:
Noncurrent assets	$	3.1			-				-			-
Current liabilities		-		$	-			$	(0.5	)	$	(0.5	)
Noncurrent liabilities		(18.0	)		(38.5	)			(4.3	)		(5.1	)
Net amount recognized	$	(14.9	)	$	(38.5	)		$	(4.8	)	$	(5.6	)

Schedule of Amounts Recognized in Accumulated Other Comprehensive Loss (Before Tax)

The following table presents the amounts recognized in accumulated other comprehensive loss (before tax):

	Defined Benefit Plans						Post-Retirement Benefit Plan
(In millions)	September27, 2013			September28, 2012				September27, 2013		September28, 2012
Prior service cost	$	(0.7	)	$	(0.4	)		$	-	$	-
Net gain (loss)		(49.4	)		(59.7	)			0.1		(0.4	)
Accumulated other comprehensive loss	$	(50.1	)	$	(60.1	)		$	0.1	$	(0.4	)

Schedule of Defined Benefit Pension Plan Balances with Accumulated Benefit Obligation Exceeded Fair Value of Plan Assets

The following table presents the total fair value of plan assets, projected benefit obligation and accumulated benefit obligation for those defined benefit pension plans where accumulated benefit obligation exceeded the fair value of plan assets:

	Defined Benefit Plans
(In millions)	September27, 2013		September28, 2012
Projected benefit obligation	$	-		$	76.4
Accumulated benefit obligation	$	-		$	71.1
Fair value of plan assets	$	-		$	62.9

Schedule of Net Periodic Benefit Costs

The following table shows the components of the Company’s net periodic benefit costs and the other amounts recognized in other comprehensive (income) loss, before tax, related to the Company’s defined benefit pension plans and the Company’s post-retirement benefit plan:

	Defined Benefit Plans											Post-Retirement Benefit Plan
	Fiscal Years											Fiscal Years
(In millions)	2013			2012				2011					2013				2012				2011
Net Periodic Benefit Costs:
Service cost	$	4.8		$	4.3		$		3.7		$			-		$		-		$		-
Interest cost		5.2			5.3				5.0					0.2				0.2				0.2
Loss due to settlement or curtailment		1.0			0.9				-					-				-				-
Expected return on assets		(5.7	)		(5.3	)			(4.9	)				-				-				-
Amortization of prior service cost		0.2			0.2				0.1					-				-				-
Recognized actuarial loss		2.7			2.5				2.1					-				0.1				0.1
Net periodic benefit cost		8.2			7.9				6.0					0.2				0.3				0.3
Other Amounts Recognized in Other Comprehensive (Income) Loss:
New prior service cost		0.5			-				-					-				-				-
Net (gain) loss arising during the year		(6.6	)		9.9				9.6					(0.4	)			(0.1	)			0.3
Amortization of prior service cost		(0.2	)		(0.2	)			(0.1	)				-				-				-
Amortization, settlement and curtailment of net actuarial loss		(3.7	)		(3.5	)			(2.1	)				(0.1	)			(0.1	)			(0.1	)
Total recognized in other comprehensive (income) loss		(10.0	)		6.2				7.4					(0.5	)			(0.2	)			0.2
Total recognized in net periodic benefit cost and other comprehensive loss	$	(1.8	)	$	14.1		$		13.4		$			(0.3	)	$		0.1		$		0.5

Schedule of Accumulated Other Comprehensive Income (Loss) Expected to be Recognized as Components of Net Periodic Benefit Cost

The amounts in “Accumulated other comprehensive loss” that are expected to be recognized as components of net periodic benefit cost during fiscal year 2014 are as follows:

(In millions)	Defined BenefitPlans			Post-Retirement Benefit Plan		Total
Prior service cost	$	(0.2	)	$	-	$	(0.2	)
Net loss		(2.4	)		-		(2.4	)
	$	(2.6	)	$	-	$	(2.6	)

Schedule of Assumptions Used to Determine Net Periodic Benefit Cost

The assumptions used to determine net periodic benefit cost and to compute the expected long-term return on assets for the Company’s defined benefit pension and post-retirement benefit plans were as follows:

	Fiscal Years
Net Periodic Benefit Cost	2013			2012			2011
Defined benefit plans:
Discount rates		2.94	%		3.38	%		3.45	%
Rates of compensation increase		2.37	%		2.48	%		2.44	%
Expected long-term return on assets		3.82	%		4.02	%		4.13	%
Post-retirement benefit plan:
Discount rate		3.00	%		3.90	%		4.40	%

Schedule of Assumptions Used to Measure Benefit Obligations for Company's Defined Benefit Pension and Post Retirement Benefit Plans

The assumptions used to measure the benefit obligations for the Company’s defined benefit pension and post-retirement benefit plans were as follows:

Benefit Obligations	September27, 2013			September28, 2012
Defined benefit plans:
Discount rates		3.11	%		2.94	%
Rates of compensation increase		2.51	%		2.37	%
Post-retirement benefit plan:
Discount rate		3.80	%		3.00	%

Schedule of Assumed Healthcare Cost Trend Rates for Post-Retirement Benefit Plan

The assumed healthcare cost trend rates for the post-retirement benefit plan are as follows:

	Fiscal Years
Assumed Healthcare Cost Trend Rates	2013			2012			2011
Post-retirement benefit plan:
Current medical cost trend rate		8.2	%		9.9	%		11.2	%
Ultimate medical cost trend rate		4.5	%		4.5	%		4.5	%

Schedule of Fair Values of Plan Assets

The following table presents the Company’s defined benefit pension plans’ major asset categories, their associated fair values, as well as the actual allocation of equity, debt and fixed income, real estate and all other types of investments:

(In millions)	QuotedPricesin ActiveMarketsfor Identical Assets (Level 1)		Significant ObservableInputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total
As of September27, 2013:
Investment funds:
Mutual funds - equities	$	-	$	49.9	$		-	$		49.9
Mutual funds - debt		-		26.1			-			26.1
Mutual funds - real estate		-		3.6			-			3.6
Assets held by insurance company:
Insurance contracts		-		86.3			-			86.3
Cash and cash equivalents		14.9		-			-			14.9
Total	$	14.9	$	165.9	$		-	$		180.8
As of September28, 2012:
Investment funds:
Mutual funds - equities	$	-	$	40.3	$		-	$		40.3
Mutual funds - debt		-		23.2			-			23.2
Mutual funds - real estate		-		3.5			-			3.5
Assets held by insurance company:
Insurance contracts		-		73.3			-			73.3
Cash and cash equivalents		2.3		-			-			2.3
Total	$	2.3	$	140.3	$		-	$		142.6

Schedule of Estimated Future Benefit Payments

Estimated future benefit payments at September27, 2013 were as follows:

(In millions)	DefinedBenefit Plans		Post-Retirement BenefitPlan		Total
Fiscal Years:
2014	$	4.8	$	0.5	$	5.3
2015		5.2		0.5		5.7
2016		4.9		0.5		5.4
2017		7.2		0.5		7.7
2018		7.3		0.4		7.7
2019-2023		39.9		1.8		41.7
	$	69.3	$	4.2	$	73.5