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Stockholders' Equity (Tables)
12 Months Ended
Sep. 30, 2022
Stockholders' Equity Note [Abstract]  
Dividends Declared
On November 3, 2022, the Company announced that the Board of Directors had declared a cash dividend on the Company’s common stock of $0.62 per share. This dividend is payable on December 13, 2022, to the Company’s stockholders of record as of the close of business on November 22, 2022. Future dividends are subject to declaration by the Board of Directors. The dividends charged to retained earnings in fiscal 2022 and 2021 were as follows (in millions except per share data):
Fiscal Years Ended
September 30,
2022
October 1,
2021
Per ShareTotalPer ShareTotal
First quarter$0.56 $92.5 $0.50 $83.0 
Second quarter0.56 91.2 0.50 82.6 
Third quarter0.56 90.0 0.50 82.5 
Fourth quarter0.62 99.4 0.56 92.5 
$2.30 $373.1 $2.06 $340.6 
Schedule of Other Share-based Compensation, Activity
 
 
 Shares
(in millions)
Weighted average
grant date fair value
Non-vested awards outstanding at October 1, 20212.7 $118.87 
Granted (1)1.6 $151.20 
Vested(1.6)$117.71 
Canceled/forfeited(0.3)$129.80 
Non-vested awards outstanding at September 30, 20222.4 $139.63 
(1) includes performance stock awards granted and earned assuming target performance under the underlying performance metrics
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
September 30,
2022
October 1,
2021
October 2,
2020
Cost of goods sold$26.9 $28.9 $23.2 
Research and development93.8 85.7 68.7 
Selling, general, and administrative74.5 77.3 64.7 
Total share-based compensation expense$195.2 $191.9 $156.6 
Share-based compensation tax benefit$20.1 $13.5 $10.3 
Capitalized share-based compensation expense at period end$6.8 $9.8 $10.6 
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 September 30, 2022:
Unrecognized compensation cost for unvested awards
(in millions)
Weighted average remaining recognition period
(in years)
Awards$208.2 2.6
Schedule of Share-based Payment Awards, Performance Shares, Valuation Assumptions Used he fair value of these performance stock unit awards was estimated on the date of the grant using a Monte Carlo simulation with the following weighted average assumptions:

Fiscal Year Ended
September 30,
2022
October 1,
2021
October 2,
2020
Volatility of common stock44.04 %43.20 %32.22 %
Average volatility of peer companies46.28 %45.96 %33.96 %
Average correlation coefficient of peer companies0.65 0.65 0.61 
Risk-free interest rate0.79 %0.25 %1.62 %
Dividend yield1.40 %1.39 %1.78 %