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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 27, 2025
Sep. 27, 2024
Current assets:    
Cash and cash equivalents $ 1,185.9 $ 1,368.6
Marketable securities, current 132.0 194.1
Receivables, net of allowances of $0.9 and $0.9, respectively 396.2 508.8
Inventory 706.5 784.8
Other current assets 455.8 484.7
Total current assets 2,876.4 3,341.0
Property, plant, and equipment, net 1,213.8 1,280.3
Operating lease right-of-use assets 196.1 191.6
Goodwill 2,176.7 2,176.7
Intangible assets, net 852.2 900.5
Deferred tax assets, net 303.4 303.5
Marketable securities, noncurrent 18.8 11.4
Other long-term assets 77.2 78.3
Total assets 7,714.6 8,283.3
Current liabilities:    
Accounts payable 205.5 171.8
Accrued compensation and benefits 146.6 127.9
Current portion of long-term debt 499.2 0.0
Other current liabilities 353.7 303.0
Total current liabilities 1,205.0 602.7
Long-term debt 496.2 994.3
Long-term tax liabilities 98.3 127.9
Long-term operating lease liabilities 176.4 185.9
Other long-term liabilities 86.2 35.8
Total liabilities 2,062.1 1,946.6
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; 148.4 shares issued and outstanding at June 27, 2025, and 159.9 shares issued and outstanding at September 27, 2024 37.1 40.0
Additional paid-in capital 0.0 269.4
Retained earnings 5,621.1 6,032.9
Accumulated other comprehensive loss (5.7) (5.6)
Total stockholders’ equity 5,652.5 6,336.7
Total liabilities and stockholders’ equity $ 7,714.6 $ 8,283.3