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Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 03, 2025
Sep. 27, 2024
Current assets:    
Cash and cash equivalents $ 1,161.3 $ 1,368.6
Marketable securities, current 212.9 194.1
Receivables, net of allowances of $0.9 and $0.9, respectively 598.1 508.8
Inventory 754.7 784.8
Other current assets 350.0 484.7
Total current assets 3,077.0 3,341.0
Property, plant, and equipment, net 1,194.6 1,280.3
Operating lease right-of-use assets 192.4 191.6
Goodwill 2,176.7 2,176.7
Intangible assets, net 809.0 900.5
Deferred tax assets, net 375.6 303.5
Marketable securities, noncurrent 14.2 11.4
Other long-term assets 77.5 78.3
Total assets 7,917.0 8,283.3
Current liabilities:    
Accounts payable 236.0 171.8
Accrued compensation and benefits 180.7 127.9
Current portion of long-term debt 499.4 0.0
Other current liabilities 407.1 303.0
Total current liabilities 1,323.2 602.7
Long-term debt 496.4 994.3
Long-term tax liabilities 85.7 127.9
Long-term operating lease liabilities 170.5 185.9
Other long-term liabilities 84.1 35.8
Total liabilities 2,159.9 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; 148.7 shares issued and outstanding at October 3, 2025, and 159.9 shares issued and outstanding at September 27, 2024 37.2 40.0
Additional paid-in capital 68.1 269.4
Retained earnings 5,656.9 6,032.9
Accumulated other comprehensive loss (5.1) (5.6)
Total stockholders’ equity 5,757.1 6,336.7
Total liabilities and stockholders’ equity $ 7,917.0 $ 8,283.3