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Borrowings (Tables)
 9 Months Ended
Jun. 26, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
At June 26, 2020 and September 27, 2019, long-term debt consisted of the following (principal amounts in thousands):
Interest RateMaturityJune 26, 2020September 27, 2019
Revolving Credit FacilityLIBOR + applicable margin (1)March 2024$617,794  $303,780  
2020 Term Loan Facility
LIBOR + applicable margin (2)
March 20251,039,115  —  
2017 Term Loan FacilityLIBOR + applicable margin (3)December 2020—  400,000  
Fixed-rate notes due:
Senior Notes, Series A4.27%May 2025190,000  190,000  
Senior Notes, Series B4.42%May 2028180,000  180,000  
Senior Notes, Series C4.52%May 2030130,000  130,000  
Less: Deferred Financing Fees(1,743) (2,535) 
Total Long-term debt, net$2,155,166  $1,201,245  
(1)Depending on the Company’s Consolidated Leverage Ratio (as defined in the credit agreement governing the Revolving Credit Facility (defined below)), borrowings under the Revolving Credit Facility bear interest at either a eurocurrency rate plus a margin of between 0.875% and 1.5% or a base rate plus a margin of between 0% and 0.5%. The applicable LIBOR rates at June 26, 2020 and September 27, 2019 were approximately 0.06% and 1.17%.
(2)Depending on the Company’s Consolidated Leverage Ratio (as defined in the credit agreement governing the 2020 Term Loan Facility (defined below)), borrowings under the 2020 Term Loan Facility bear interest at either a eurocurrency rate plus a margin of between 0.875% and 1.5% or a base rate plus a margin of between 0% and 0.5%. The applicable LIBOR rate at June 26, 2020 was approximately 0.67%.
(3)Depending on the Company’s Consolidated Leverage Ratio (as defined in the credit agreement governing the 2017 Term Loan Facility (defined below)), borrowings under the 2017 Term Loan Facility bear interest at either a eurocurrency rate plus a margin of between 1.0% and 1.5% or a base rate plus a margin of between 0% and 0.5%. The applicable LIBOR rate at September 27, 2019 was approximately 2.05%.