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Equity
6 Months Ended
Mar. 30, 2025
Equity [Abstract]  
Equity Equity
Changes in AOCI by component, net of tax (in millions):
Quarter Ended Available-for-Sale Debt Securities Cash Flow Hedges Net Investment HedgesTranslation Adjustment and OtherTotal
March 30, 2025
Net gains/(losses) in AOCI, beginning of period$(3.7)$94.2 $382.1 $(1,056.2)$(583.6)
Net gains/(losses) recognized in OCI before reclassifications1.7 (4.9)9.8 90.6 97.2 
Net (gains)/losses reclassified from AOCI to earnings0.2 (22.0)(20.8)— (42.6)
Other comprehensive income/(loss) attributable to Starbucks1.9 (26.9)(11.0)90.6 54.6 
Net gains/(losses) in AOCI, end of period$(1.8)$67.3 $371.1 $(965.6)$(529.0)
March 31, 2024
Net gains/(losses) in AOCI, beginning of period$(7.9)$15.7 $217.7 $(783.3)$(557.8)
Net gains/(losses) recognized in OCI before reclassifications(0.3)27.1 69.2 (150.0)(54.0)
Net (gains)/losses reclassified from AOCI to earnings0.3 (2.2)(7.7)— (9.6)
Other comprehensive income/(loss) attributable to Starbucks— 24.9 61.5 (150.0)(63.6)
Other comprehensive income/(loss) attributable to NCI— — — (0.1)(0.1)
Net gains/(losses) in AOCI, end of period$(7.9)$40.6 $279.2 $(933.4)$(621.5)
Two Quarters EndedAvailable-for-Sale Debt SecuritiesCash Flow HedgesNet Investment HedgesTranslation Adjustment and OtherTotal
March 30, 2025
Net gains/(losses) in AOCI, beginning of period$(2.3)$70.5 $247.7 $(744.7)$(428.8)
Net gains/(losses) recognized in OCI before reclassifications0.1 46.6 164.9 (220.6)(9.0)
Net (gains)/losses reclassified from AOCI to earnings0.4 (49.8)(41.5)— (90.9)
Other comprehensive income/(loss) attributable to Starbucks0.5 (3.2)123.4 (220.6)(99.9)
Other comprehensive income/(loss) attributable to NCI — — — (0.3)(0.3)
Net gains/(losses) in AOCI, end of period$(1.8)$67.3 $371.1 $(965.6)$(529.0)
March 31, 2024
Net gains/(losses) in AOCI, beginning of period$(12.3)$(47.5)$243.3 $(961.7)$(778.2)
Net gains/(losses) recognized in OCI before reclassifications3.9 60.7 50.3 28.2 143.1 
Net (gains)/losses reclassified from AOCI to earnings0.5 27.4 (14.4)— 13.5 
Other comprehensive income/(loss) attributable to Starbucks4.4 88.1 35.9 28.2 156.6 
Other comprehensive income/(loss) attributable to NCI— — — 0.1 0.1 
Net gains/(losses) in AOCI, end of period$(7.9)$40.6 $279.2 $(933.4)$(621.5)
Impact of reclassifications from AOCI on the consolidated statements of earnings (in millions):
Quarter Ended
AOCI
Components
Amounts Reclassified from AOCIAffected Line Item in
the Statements of Earnings
Mar 30, 2025Mar 31, 2024
Gains/(losses) on available-for-sale debt securities$(0.2)$(0.4)Interest income and other, net
Gains/(losses) on cash flow hedges27.0 3.8 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges27.7 10.2 Interest expense
54.5 13.6 Total before tax
(11.9)(4.0)
Tax (expense)/benefit
$42.6 $9.6 Net of tax
Two Quarters Ended
AOCI
Components
Amounts Reclassified from AOCIAffected Line Item in
the Statements of Earnings
Mar 30, 2025Mar 31, 2024
Gains/(losses) on available-for-sale debt securities$(0.4)$(0.7)Interest income and other, net
Gains/(losses) on cash flow hedges66.4 (29.7)
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges55.4 19.1 Interest expense
121.4 (11.3)Total before tax
(30.5)(2.2)Tax (expense)/benefit
$90.9 $(13.5)Net of tax
In addition to 2.4 billion shares of authorized common stock with $0.001 par value per share, we have 7.5 million shares of authorized preferred stock, none of which was outstanding as of March 30, 2025.
During the two quarters ended March 30, 2025, we made no share repurchases. During the two quarters ended March 31, 2024, we repurchased 12.8 million shares of common stock on the open market for $1,250.1 million. As of March 30, 2025, 29.8 million shares remained available for repurchase under current authorizations.
During the second quarter of fiscal 2025, our Board of Directors approved a quarterly cash dividend to shareholders of $0.61 per share to be paid on May 30, 2025 to shareholders of record as of the close of business on May 16, 2025.