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Stockholders' Equity
12 Months Ended
Oct. 02, 2015
Equity [Abstract]  
Stockholders' Equity
STOCKHOLDERS’ EQUITY  
Share Repurchase Program
During fiscal years 2015, 2014 and 2013, the Company repurchased 4,824,849 shares, 7,750,000 shares and 6,000,000 shares, respectively, of VMS common stock under various authorizations by VMS’s Board of Directors. The aggregate amount of these repurchases under the various accelerated share repurchase agreements and for shares repurchased in the open market totaled $422.0 million, $624.0 million and $423.7 million in fiscal years 2015, 2014 and 2013, respectively.
The repurchased shares included shares of VMS common stock repurchased under various accelerated share repurchase agreements. All shares that were repurchased under the Company's share repurchase programs have been retired.
 
In August 2014, the VMS Board of Directors authorized the repurchase of 6,000,000 shares of VMS common stock from August 15, 2014 through December 31, 2015. As of October 2, 2015, 1,425,151 shares of VMS common stock remained available for repurchase under the August 2014 authorization.

The shares repurchased in fiscal year 2015 included repurchases under the following accelerated share repurchase agreements:
On January 6, 2015, the Company paid $45.0 million and J.P Morgan delivered 419,874 shares of VMS common stock. The repurchase period ended on March 27, 2015, and the Company received an additional 74,975 shares of VMS common stock from J.P. Morgan upon settlement.
On April 7, 2015, the Company paid $70.0 million and BofA delivered 592,280 shares of VMS common stock. The repurchase period ended on April 29, 2015, and the Company received an additional 151,604 shares of VMS common stock from BofA upon settlement.
On July 8, 2015, the Company paid $45.0 million to J.P. Morgan and J.P. Morgan delivered 418,167 shares of VMS common stock. The repurchase period ended on August 20, 2015, and the Company received an additional 102,933 shares from J.P Morgan upon settlement.
On July 23, 2015, the Company paid $43.9 million and received 400,000 shares of VMS common stock. The repurchase period ended on August 20, 2015, and the Company received an additional 105,091 shares from J.P Morgan.
In November 2015, the VMS Board of Directors authorized the repurchase of an additional 8,000,000 shares of VMS common stock through December 31, 2016. Share repurchases under the Company's authorizations may be made in open market purchases, in privately negotiated transactions (including accelerated share repurchase programs), or under Rule 10b5-1 share repurchase plans, and may be made from time to time in one or more blocks. Shares will be retired upon repurchase.
Accumulated Other Comprehensive Loss
(In millions)
 
Net Unrealized Gains (Losses) Defined Benefit Pension and Post-Retirement Benefit Plans
 
Net Unrealized Gains (Losses) Cash Flow Hedging Instruments
 
Net
Unrealized
Gains
(Losses)
Available-for-
Sale
Securities
 
Cumulative Translation Adjustment
 
Accumulated Other Comprehensive Earnings (Loss)
Balance at September 28, 2012
 
$
(48,623
)
 
$
531

 
$

 
$
(8,529
)
 
$
(56,621
)
Other comprehensive earnings before reclassifications
 
7,545

 
509

 

 
9,230

 
17,284

Amounts reclassified out of other comprehensive earnings
 
2,950

 
(2,463
)
 

 

 
487

Tax benefit (expense)
 
(1,953
)
 
732

 

 

 
(1,221
)
Balance at September 27, 2013
 
(40,081
)
 
(691
)
 

 
701

 
(40,071
)
Other comprehensive earnings before reclassifications
 
(5,429
)
 
3,925

 

 
(16,217
)
 
(17,721
)
Amounts reclassified out of other comprehensive earnings
 
2,316

 
(1,281
)
 

 

 
1,035

Tax benefit (expense)
 
(866
)
 
(988
)
 

 

 
(1,854
)
Balance at September 26, 2014
 
(44,060
)
 
965

 

 
(15,516
)
 
(58,611
)
Other comprehensive earnings before reclassifications
 
(4,521
)
 
2,239

 
(164
)
 
(24,765
)
 
(27,211
)
Amounts reclassified out of other comprehensive earnings
 
2,099

 
(3,780
)
 

 

 
(1,681
)
Tax benefit (expense)
 
412

 
576

 
52

 

 
1,040

Balance at October 2, 2015
 
$
(46,070
)
 
$

 
$
(112
)
 
$
(40,281
)
 
$
(86,463
)


The amounts reclassified out of other comprehensive earnings into the Consolidated Statements of Earnings, with line item location, during each period were as follows (in thousands): 
 
 
Fiscal Years
 
 
Comprehensive Earnings Components
 
2015
 
2014
 
2013
 
Line Item in Statements of Earnings
Unrealized gains and (losses) on defined benefit pension and post-retirement benefit plans
 
$
(2,099
)
 
$
(2,316
)
 
$
(2,950
)
 
Cost of revenues & Operating expenses
Unrealized gains and (losses) on cash flow hedging instruments
 
3,780

 
1,281

 
2,463

 
Revenues
Total amounts reclassified out of other comprehensive earnings
 
$
1,681

 
$
(1,035
)
 
$
(487
)