Fair Value (Tables)

9 Months Ended

Jul. 03, 2015

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

In the tables below, the Company has segregated all assets and liabilities that are measured at fair value on a recurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date.

	Fair Value Measurement Using
	Quoted Prices in Active Markets for Identical Instruments		Significant Other Observable Inputs		Significant Unobservable Inputs			Total
Type of Instruments	(Level 1)		(Level 2)		(Level 3)			Balance
(In millions)
Assets at July 3, 2015:
Corporate debt securities:
CPTC loans	$	—	$	—	$	81.9		$	81.9
Other	—		8.4		—			8.4
Non-U.S. government security	—		0.6		—			0.6
Derivative assets	—		1.0		—			1.0
Total assets measured at fair value	$	—	$	10.0	$	81.9		$	91.9
Liabilities at July 3, 2015:
Contingent consideration	$	—	$	—	$	(4.1	)	$	(4.1	)
Total liabilities measured at fair value	$	—	$	—	$	(4.1	)	$	(4.1	)
Assets at September 26, 2014:
Corporate debt securities:
CPTC loans	$	—	$	—	$	75.6		$	75.6
Derivative assets	—		1.5		—			1.5
Total assets measured at fair value	$	—	$	1.5	$	75.6		$	77.1
Liabilities at September 26, 2014:
Contingent consideration	$	—	$	—	$	(7.5	)	$	(7.5	)
Total liabilities measured at fair value	$	—	$	—	$	(7.5	)	$	(7.5	)

Reconciliation for Assets and Liabilities Measured and Recorded at Fair Value on Recurring Basis

The following table presents the reconciliation for all assets and liabilities measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3):

(In millions)	CPTC Loans		Contingent Consideration
Balance at September 26, 2014	$	75.6	$	(7.5	)
Additions (1)	6.3		—
Settlements (2)	—		3.3
Change in fair value recognized in earnings	—		0.1
Balance at July 3, 2015	$	81.9	$	(4.1	)

(1) Amounts reported under CPTC loans include accrued interest.

(2) Amounts reported under contingent consideration represent cash payments to settle contingent consideration liabilities.