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Leases
3 Months Ended
Dec. 29, 2024
Leases [Abstract]  
Lessee, Operating Leases Leases
The components of lease costs (in millions):
Quarter Ended
Dec 29, 2024Dec 31, 2023
Operating lease costs(1)
$458.8 $417.4 
Variable lease costs293.4 271.9 
Short-term lease costs5.5 7.7 
Total lease costs$757.7 $697.0 
(1)Includes immaterial amounts of sublease income and rent concessions.
The following table includes supplemental information (in millions):
Quarter Ended
Dec 29, 2024Dec 31, 2023
Cash paid related to operating lease liabilities$468.4 $428.6 
Operating lease liabilities arising from obtaining right-of-use assets(1)
628.7 470.9 
Dec 29, 2024Dec 31, 2023
Weighted-average remaining operating lease term8.6 years8.6 years
Weighted-average operating lease discount rate3.5 %3.1 %
(1)Includes leases obtained in the acquisition of 23.5 Degrees Topco Limited in the first quarter of fiscal 2025.
Finance lease assets are recorded in property, plant and equipment, net with the corresponding lease liabilities included in accrued liabilities and other long-term liabilities on the consolidated balance sheet. These balances were not material as of December 29, 2024 and September 29, 2024. Finance lease costs were also immaterial for the quarters ended December 29, 2024 and December 31, 2023.
Minimum future maturities of operating lease liabilities (in millions):
Fiscal YearTotal
2025 (excluding the quarter ended December 29, 2024)
$1,367.3 
20261,731.0 
20271,565.7 
20281,370.1 
20291,189.9 
Thereafter4,852.8 
Total lease payments12,076.8 
Less imputed interest(1,766.7)
Total$10,310.1 
As of December 29, 2024, we have entered into operating leases that have not yet commenced of $1.6 billion, primarily related to real estate leases. These leases will commence between fiscal year 2025 and fiscal year 2029 with lease terms ranging from five years to twenty years.