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Stockholders' Equity (Tables)
 12 Months Ended
Oct. 03, 2025
Stockholders' Equity Note [Abstract]  
Dividends Declared
Dividends charged to retained earnings were as follows (in millions, except per share data):
Fiscal Years Ended
October 3, 2025September 27, 2024
Per ShareTotal AmountPer ShareTotal Amount
First quarter$0.70 $112.5 $0.68 $108.9 
Second quarter0.70 110.6 0.68 109.1 
Third quarter0.70 103.9 0.68 109.1 
Fourth quarter0.71 105.6 0.70 112.0 
Total dividends$2.81 $432.6 $2.74 $439.1 
Share-Based Compensation, Outstanding Awards Activity
The following table represents a summary of the Company’s restricted and performance awards and units:
 
 
 Shares
(in millions)
Weighted Average
Grant Date Fair Value
Non-vested awards outstanding at September 27, 2024
4.3 $98.51 
Granted (1)3.5 $82.23 
Vested(1.5)$100.43 
Canceled/forfeited(0.8)$106.38 
Non-vested awards outstanding at October 3, 2025
5.5 $86.36 
(1) Includes performance stock awards granted and earned assuming target performance under the underlying performance metrics.
Share-Based Compensation, Aggregate Intrinsic Value, Awards Vested
The following table summarizes the total intrinsic value for awards vested (in millions):
Fiscal Years Ended
October 3, 2025September 27, 2024September 29, 2023
Awards$128.1 $111.8 $111.9 
Share-Based Compensation, Expensed and Capitalized
The following table summarizes pre-tax share-based compensation expense by financial statement line item and related tax expense (in millions):
Fiscal Years Ended
October 3, 2025September 27, 2024September 29, 2023
Cost of goods sold$29.5 $32.0 $20.7 
Research and development126.9 85.5 94.8 
Selling, general, and administrative63.5 62.8 69.6 
Restructuring, impairment, and other charges12.5 — — 
Total share-based compensation$232.4 $180.3 $185.1 
Share-based compensation tax expense
$5.6 $18.9 $9.1 
Capitalized share-based compensation expense at period end$21.7 $10.1 $14.5 
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 as of October 3, 2025:
Unrecognized Compensation Cost for Unvested Awards
(in millions)		Weighted Average Remaining Recognition Period
(in years)
Awards$279.6 3.4
Share-Based Compensation, Performance Shares, Valuation Assumptions Used The 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
October 3, 2025September 27, 2024September 29, 2023
Volatility of common stock38.76 %37.36 %45.71 %
Average volatility of peer companies30.70 %30.95 %40.74 %
Average correlation coefficient of peer companies0.52 0.54 0.65 
Risk-free interest rate4.14 %4.61 %4.51 %
Dividend yield3.51 %3.04 %2.80 %