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Consolidated Balance Sheets - USD ($)
$ in Millions
9 Months Ended
Jun. 26, 2020
Sep. 27, 2019
Statement of Financial Position [Abstract]    
Document Period End Date Jun. 26, 2020  
Current assets:    
Cash and cash equivalents $ 791.3 $ 851.3
Marketable Securities, Current 347.0 203.3
Receivables, net of allowance of $0.9 and $0.8, respectively 346.1 465.3
Inventory 698.2 609.7
Other current assets 154.8 105.0
Total current assets 2,337.4 2,234.6
Property, plant and equipment, net 1,206.9 1,205.6
Operating Lease, Right-of-Use Asset 172.7 0.0
Goodwill 1,189.8 1,189.8
Intangible assets, net 62.9 107.9
Deferred Income Tax Assets, Net 42.6 40.8
Marketable Securities, Noncurrent 24.1 27.6
Other long-term assets 36.0 33.3
Total assets 5,072.4 4,839.6
Current liabilities:    
Accounts payable 200.9 190.5
Accrued compensation and benefits 94.6 76.0
Other current liabilities 105.6 107.5
Total current liabilities 401.1 374.0
Long-term tax liabilities 300.6 312.4
Operating Lease, Liability, Noncurrent 155.8 0.0
Other long-term liabilities 32.5 30.9
Total liabilities 890.0 717.3
Stockholders’ equity:    
Preferred stock, no par value: 25.0 shares authorized, no shares issued 0.0 0.0
Common stock, $0.25 par value: 525.0 shares authorized; 232.1 shares issued and 167.1 shares outstanding at June 26, 2020, and 230.2 shares issued and 170.1 shares outstanding at September 27, 2019 41.8 42.5
Additional paid-in capital 3,351.5 3,188.0
Treasury stock, at cost (3,860.3) (3,412.9)
Retained earnings 4,657.0 4,312.6
Accumulated other comprehensive loss (7.6) (7.9)
Total stockholders’ equity 4,182.4 4,122.3
Total liabilities and stockholders’ equity $ 5,072.4 $ 4,839.6