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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 24, 2022
Revenues:      
Revenue from product and services $ 4,030.3 $ 4,030.4 $ 4,862.8
Costs of revenues:      
Amortization of acquired intangible assets 180.5 205.7 295.7
Impairment of intangible assets and equipment 39.2 179.5 17.4
Gross profit 2,227.8 2,071.5 2,997.4
Operating expenses:      
Research and development 272.8 294.3 283.4
Selling and marketing 585.4 595.2 630.3
General and administrative 409.4 392.4 407.7
Amortization of acquired intangible assets 29.2 28.1 45.2
Impairment of intangible assets and equipment 5.6 44.3 27.7
Contingent consideration fair value adjustments 1.7 (14.9) (39.5)
Loss on assets held-for-sale 0.0 51.7 0.0
Restructuring charges 41.1 12.0 2.4
Operating expenses 1,345.2 1,403.1 1,357.2
Income from operations 882.6 668.4 1,640.2
Interest income 108.7 120.5 12.9
Interest expense (122.1) (111.1) (95.1)
Debt extinguishment loss 0.0 0.0 (0.7)
Other income (expense), net (4.1) (1.7) 30.9
Income before income taxes 865.1 676.1 1,588.2
Provision for income taxes 75.6 220.1 286.2
Net income $ 789.5 $ 456.0 $ 1,302.0
Net income per common share:      
Basic (in dollars per share) $ 3.35 $ 1.85 $ 5.18
Diluted (in dollars per share) $ 3.32 $ 1.83 $ 5.13
Weighted average number of shares outstanding:      
Basic (in shares) 235,723 246,772 251,527
Diluted (in shares) 237,553 248,831 253,845
Product      
Revenues:      
Revenue from product and services $ 3,255.1 $ 3,279.9 $ 4,191.2
Costs of revenues:      
Cost of goods and services sold 1,206.2 1,184.3 1,166.1
Service      
Revenues:      
Revenue from product and services 775.2 750.5 671.6
Costs of revenues:      
Cost of goods and services sold $ 376.6 $ 389.4 $ 386.2