Derivatives (Tables)

3 Months Ended

Dec. 28, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments, Gain (Loss)

	Three Months Ended
	December 28, 2024		December 30, 2023
Amount of realized gain (loss) recognized in income
Forward foreign currency contracts	$	0.3	$	1.3
	$	0.3	$	1.3
Amount of unrealized gain (loss) recognized in income
Forward foreign currency contracts	$	22.4	$	(12.5)
Foreign currency option contracts	(0.4)		—
	$	22.0	$	(12.5)
Amount of gain (loss) recognized in income
Total	$	22.3	$	(11.2)

Schedule of Derivative Assets at Fair Value

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the balance sheet as of December 28, 2024:

	Balance Sheet Location	December 28, 2024		September 28, 2024
Assets:
Derivative instruments designated as a cash flow hedge:
Interest rate swap contracts	Prepaid expenses and other current assets	$	5.7	$	3.1
Interest rate swap contracts	Other assets	3.7		—
		$	9.4	$	3.1
Derivatives not designated as hedging instruments:
Forward foreign currency contracts	Prepaid expenses and other current assets	$	9.7	$	—
Foreign currency option contracts	Prepaid expenses and other current assets	0.4		0.8
		$	10.1	$	0.8
Liabilities:
Derivative instruments designated as a cash flow hedge:
Interest rate swap contract	Other long-term liabilities	$	—	$	0.2
Derivatives not designated as hedging instruments:
Forward foreign currency contracts	Accrued expenses	$	—	$	12.6

Schedule of Unrealized Loss Recognized in AOCI

The following table presents the unrealized gain (loss) recognized in AOCI related to interest rate swaps for the following reporting periods:

	Three Months Ended
	December 28, 2024		December 30, 2023
Amount of gain (loss) recognized in other comprehensive income, net of taxes:
Interest rate swaps	$	4.9	$	(14.2)
Total	$	4.9	$	(14.2)