Fair Value (Tables)

3 Months Ended

Jan. 02, 2015

Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

As of January 2, 2015, assets and liabilities recorded at fair value on a recurring basis consisted of the following (in millions):



			Fair Value Measurements
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Money market funds	$	594.5	$	594.5	$	—	$	—
Auction rate security	2.3		—		—		2.3
Foreign currency derivative assets	2.8		—		—		2.8
Total	$	599.6	$	594.5	$	—	$	5.1
Liabilities
Purchase obligation recorded for business combinations	$	74.3	$	—	$	—	$	74.3
Foreign currency derivative liabilities	2.8		—		—		2.8
Total	$	77.1	$	—	$	—	$	77.1

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

The following table summarizes changes to the fair value of the Level 3 assets (in millions):



	Auction rate security		Foreign currency derivative
Balance as of October 3, 2014	$	2.3	$	0.7
Changes in fair value included in earnings	—		2.1
Balance as of January 2, 2015	$	2.3	$	2.8

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table summarizes changes to the fair value of the Level 3 liabilities (in millions):



	Purchase obligation		Foreign currency derivative
Balance as of October 3, 2014	$	74.0	$	0.7
Changes in fair value included in earnings	0.3		2.1
Balance as of January 2, 2015	$	74.3	$	2.8

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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