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Stockholders' Equity (Tables)
12 Months Ended
Oct. 03, 2014
Stockholders' Equity Note [Abstract]  
Dividends Declared
During the fiscal year ended October 3, 2014, the Company declared cash dividends per common share during the period presented as follows (in millions except per share amounts):
 
Per Share
 
Total
First quarter
$

 
$

Second quarter

 

Third quarter
0.11

 
20.8

Fourth quarter
0.11

 
20.9

 
$
0.22

 
$
41.7

Schedule of Share-based Compensation, Stock Options, Activity
The following table represents a summary of the Company's stock options:
 
 
Shares (in millions)
 
  
Weighted average exercise price
 
Weighted average remaining contractual life (in years)
 
Aggregate intrinsic value (in millions)
Balance outstanding at September 27, 2013
10.7

 
$
16.76

 
 
 
 
Granted
1.8

 
$
29.56

 
 
 
 
Exercised
(4.8
)
 
$
14.20

 
 
 
 
Canceled/forfeited
(0.2
)
 
$
21.39

 
 
 
 
Balance outstanding at October 3, 2014
7.5

 
$
21.26

 
4.3
 
$
254.2

 
 
 
 
 
 
 
 
Exercisable at October 3, 2014
3.0

 
$
16.46

 
3.1
 
$
117.1



Schedule of Other Share-based Compensation, Activity
The following table represents a summary of the Company's restricted and performance transactions:
 
 
 Shares (In millions)
 
Weighted average
grant date fair value    
Non-vested awards outstanding at September 27, 2013
5.7

 
$
20.31

Granted (1)
2.6

 
$
26.69

Vested
(2.3
)
 
$
21.11

Canceled/forfeited
(0.3
)
 
$
19.95

Non-vested awards outstanding at October 3, 2014
5.7

 
$
21.48

(1) includes performance shares granted and earned based on maximum performance under the underlying performance metrics

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value
The following table summarizes the total intrinsic value for stock options exercised and awards vested (in millions):
 
Fiscal Years Ended
 
October 3
2014
 
September 27
2013
 
September 28
2012
Options
$
101.3

 
$
26.2

 
$
54.5

Awards
$
63.1

 
$
53.5

 
$
53.8

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The following table summarizes pre-tax share-based compensation expense by financial statement line and related tax benefit (in millions):

Fiscal Years Ended

October 3,
2014
 
September 27,
2013
 
September 28,
2012
Cost of goods sold
$
11.3

 
$
10.2

 
$
9.4

Research and development
36.2

 
28.2

 
28.0

Selling, general and administrative
38.5

 
33.3

 
34.8

Total share-based compensation expense
$
86.0

 
$
71.7

 
$
72.2

 
 
 
 
 
 
Share-based compensation tax benefit
$
25.6

 
$
21.4

 
$
22.2

Schedule of Unrecognized Compensation Cost, Nonvested Awards
The following table summarizes total compensation costs related to unvested share based awards not yet recognized and the weighted average period over which it is expected to be recognized at October 3, 2014:
 
Unrecognized compensation cost for unvested awards
(in millions)
 
Weighted average remaining recognition period
(in years)
Options
$
28.1

 
2.1
Awards
$
56.8

 
1.5
Schedule of Share-based Payment Awards, Performance Shares, Valuation Assumptions Used
The fair value of these performance share units were estimated on the date of the grant using a Monte Carlo simulation with the following weighted average assumptions:


Fiscal Year Ended
 
October 3,
2014
Volatility of common stock
36.96
%
Average volatility of peer companies
29.59
%
Average correlation coefficient of peer companies
0.47

Risk-free interest rate
0.11
%
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of each stock option is estimated on the date of the grant using the Black-Scholes option pricing model with the following weighted average assumptions:


Fiscal Years Ended

October 3,
2014
 
September 27,
2013
 
September 28,
2012
Expected volatility
47.40
%
 
57.71
%
 
59.21
%
Risk-free interest rate
1.83
%
 
1.29
%
 
0.52
%
Dividend yield
0.83

 
0.00

 
0.00

Expected option life (in years)
4.6

 
4.2

 
4.1