Fair Value Measurements (Tables)

12 Months Ended

Sep. 27, 2014

Fair Value Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured and recorded at fair value on a recurring basis consisted of the following:



			Fair Value Measurements at September 27, 2014
	Carrying Value		Quoted Prices in Active Market for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Marketable securities:
Equity securities	$	24.4	$	24.4	$	—	$	—
Mutual funds	15.4		15.4		—		—
Total	$	39.8	$	39.8	$	—	$	—
Liabilities:
Deferred compensation liabilities	$	35.8	$	35.8	$	—	$	—
Total	$	35.8	$	35.8	$	—	$	—



			Fair Value Measurements at September 28, 2013
	Carrying Value		Quoted Prices in Active Market for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Marketable securities:
Equity security	$	18.1	$	18.1	$	—	$	—
Mutual funds	6.9		6.9		—		—
Total	$	25.0	$	25.0	$	—	$	—
Liabilities:
Deferred compensation liabilities	$	38.6	$	38.6	$	—	$	—
Contingent consideration	3.8		—		—		3.8
Total	$	42.4	$	38.6	$	—	$	3.8

Changes in Fair Value of Recurring Fair Value Measurements Using Significant Unobservable Inputs (Level 3), Consisting of Contingent Consideration Liabilities

Changes in the fair value of recurring fair value measurements using significant unobservable inputs (Level 3), which solely consisted of contingent consideration liabilities, during the years ended September 27, 2014, September 28, 2013, and September 29, 2012 were as follows:



	2014			2013			2012
Balance at beginning of period	$	3.8		$	86.4		$	103.8
Contingent consideration recorded at acquisition	—			0.5			—
Fair value adjustments	—			11.3			38.5
Payments / Accruals	(3.8		)	(94.4		)	(55.9		)
Balance at end of period	$	—		$	3.8		$	86.4

Schedule of Estimated Fair Value of Assets Measured on a Nonrecurring Basis

The following chart depicts certain assets presented at fair value using level 3 inputs under the fair value hierarchy measured on a nonrecurring basis for which the Company has recorded impairment charges:



			Fair Value Measurements Using
	Fair Value		Quoted Prices in Active Market for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)		Total Losses
Fiscal 2014:
Intangible assets	$	36.2	—	—	$	36.2	$	(32.2	)
Property and equipment	1.0		—	—	1.0		(1.5		)
Buildings	1.4		—	—	1.4		(3.1		)
Cost-method equity investments	0.8		—	—	0.8		(6.9		)
							$	(43.7	)
Fiscal 2013:
Goodwill	$	277.8	—	—	$	277.8	$	(1,117.4	)
Equipment	1.4		—	—	1.4		(5.0		)
Cost-method equity investments	1.5		—	—	1.5		(6.4		)
							$	(1,128.8	)
Fiscal 2012:
Equipment	$	—	—	—	$	—	$	(6.5	)
Goodwill	—		—	—	—		(5.8		)
							$	(12.3	)

Estimated Fair Values of Convertible Notes

The estimated fair values of the Company’s Convertible Notes at September 27, 2014 and September 28, 2013 are as follows:



	2014		2013
2007 Notes	$	—	$	405.0
2010 Notes	536.6		510.8
2012 Notes	531.7		518.8
2013 Notes	401.1		385.7
	$	1,469.4	$	1,820.3