XML 15 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Jul. 01, 2017
Jul. 02, 2016
Income Statement [Abstract]        
Net sales $ 1,078.0 $ 994.1 $ 2,528.2 $ 2,433.8
Cost of sales 662.8 636.3 1,566.5 1,532.6
Cost of sales—impairment, restructuring and other 0.0 0.4 0.0 5.5
Gross profit 415.2 357.4 961.7 895.7
Operating expenses:        
Selling, general and administrative 172.0 151.9 488.8 466.1
Impairment, restructuring and other 4.1 (5.8) 8.8 (51.7)
Other income, net (6.5) (5.6) (12.5) (7.1)
Income (loss) from operations 245.6 216.9 476.6 488.4
Equity in (income) loss of unconsolidated affiliates (7.2) 3.5 30.1 3.5
Costs related to refinancing 0.0 0.0 0.0 8.8
Interest expense 21.8 16.9 58.9 52.3
Income (loss) from continuing operations before income taxes 231.0 196.5 387.6 423.8
Income tax expense from continuing operations 79.1 69.5 134.7 150.3
Income from continuing operations 151.9 127.0 252.9 273.5
Income (loss) from discontinued operations, net of tax 0.0 85.7 (0.6) 68.2
Net income (loss) 151.9 212.7 252.3 341.7
Net (income) loss attributable to noncontrolling interest 0.0 0.4 (0.5) 0.2
Net income (loss) attributable to controlling interest $ 151.9 $ 213.1 $ 251.8 $ 341.9
Basic income per common share:        
Income from continuing operations (USD per share) $ 2.57 $ 2.09 $ 4.23 $ 4.46
Income (loss) from discontinued operations (USD per share) 0.00 1.40 (0.01) 1.11
Basic income per common share (USD per share) $ 2.57 $ 3.49 $ 4.22 $ 5.57
Weighted-average common shares outstanding during the period (shares) 59.2 61.1 59.7 61.3
Diluted income per common share:        
Income from continuing operations (USD per share) $ 2.53 $ 2.06 $ 4.17 $ 4.40
Income (loss) from discontinued operations (USD per share) 0.00 1.38 (0.01) 1.10
Diluted Income per common share (USD per share) $ 2.53 $ 3.44 $ 4.16 $ 5.50
Weighted-average common shares outstanding during the period plus dilutive potential common shares (shares) 60.0 61.9 60.6 62.2
Dividends declared per common share (USD per share) $ 0.50 $ 0.47 $ 1.50 $ 1.410