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Fair Value (Tables)
 12 Months Ended
Sep. 28, 2018
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on a 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
Type of Instruments
 
Quoted Prices in
Active Markets
for Identical Instruments
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable Inputs
(Level 3)
 
Total
Balance
(In millions)
 
 
 
 
 
 
 
 
Assets at September 28, 2018:
 
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
 
Money market funds
 
$
44.1

 
$
—

 
$
—

 
$
44.1

Available-for- sale securities:
 
 
 
 
 
 
 
 
MPTC Series B-1 Bonds
 
—

 
25.1

 
—

 
25.1

MPTC Series B-2 Bonds
 
—

 
23.1

 
—

 
23.1

APTC securities
 
—

 
6.4

 
—

 
6.4

GPTC securities
 
—

 
7.9

 
—

 
7.9

Total assets measured at fair value
 
$
44.1

 
$
62.5

 
$
—

 
$
106.6

 
 
 
 
 
 
 
 
 
Liabilities at September 28, 2018:
 
 
 
 
 
 
 
 
Contingent consideration
 
$
—

 
$
—

 
$
(24.4
)
 
$
(24.4
)
Total liabilities measured at fair value
 
$
—

 
$
—

 
$
(24.4
)
 
$
(24.4
)
 
 
 
 
 
 
 
 
 
Assets at September 29, 2017:
 
 
 
 
 
 
 
 
Available-for- sale securities:
 
 
 
 
 
 
 
 
Original CPTC loans
 
$
—

 
$
—

 
$
47.4

 
$
47.4

DRTC securities
 
—

 
8.3

 
—

 
8.3

GPTC securities
 
—

 
4.4

 
—

 
4.4

Total assets measured at fair value
 
$
—

 
$
12.7

 
$
47.4

 
$
60.1
Reconciliation for Assets Measured and Recorded at Fair Value on Recurring Basis; Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation
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)
 
Available-for-sale Securities
 
Contingent
Consideration
Balance at September 30, 2016
 
$
95.3

 
$
(1.3
)
Additions (1)
 
3.3

 
—

Settlements (2)
 
—

 
1.6

Change in fair value recognized in earnings
 
(51.2
)
 
(0.3
)
Balance at September 29, 2017
 
47.4

 
—

Additions (2)
 
—

 
(24.9
)
Reclassification of Original CPTC Loans to Term Loan
 
(47.4
)
 
—

Settlements (2)
 
—

 
0.5

Balance at September 28, 2018
 
$
—

 
$
(24.4
)

(1) 
Amounts reported under available-for-sale securities represent additional investments and accrued interest.
(2) 
Amounts reported under contingent consideration represent cash payments to settle contingent consideration liabilities or additional liabilities from business acquisitions.
Reconciliation for 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)
 
Available-for-sale Securities
 
Contingent
Consideration
Balance at September 30, 2016
 
$
95.3

 
$
(1.3
)
Additions (1)
 
3.3

 
—

Settlements (2)
 
—

 
1.6

Change in fair value recognized in earnings
 
(51.2
)
 
(0.3
)
Balance at September 29, 2017
 
47.4

 
—

Additions (2)
 
—

 
(24.9
)
Reclassification of Original CPTC Loans to Term Loan
 
(47.4
)
 
—

Settlements (2)
 
—

 
0.5

Balance at September 28, 2018
 
$
—

 
$
(24.4
)

(1) 
Amounts reported under available-for-sale securities represent additional investments and accrued interest.
(2) 
Amounts reported under contingent consideration represent cash payments to settle contingent consideration liabilities or additional liabilities from business acquisitions.