Leases (Tables)

3 Months Ended

Dec. 26, 2020

Leases [Abstract]

Supplemental Balance Sheet Information

Supplemental balance sheet information related to the Company's leases was as follows:

	Balance Sheet Classification	As of December 26, 2020		As of December 28, 2019
		(in millions)
Operating leases
Right-of-use assets	Operating lease right-of-use assets	$	115.8	$	105.3
Current lease liabilities	Current operating lease liabilities	$	34.8	$	34.3
Non-current lease liabilities	Long-term operating lease liabilities	85.7		75.3
Total operating lease liabilities		$	120.5	$	109.6
Finance leases
Right-of-use assets	Property, plant and equipment, net	$	0.3	$	0.4
Current lease liabilities	Current portion of long-term debt	$	0.1	$	0.1
Non-current lease liabilities	Long-term debt	0.1		0.2
Total finance lease liabilities		$	0.2	$	0.3

Weighted-average remaining lease term and discount rate for the Company's leases were as follows:

	As of December 26, 2020		As of December 28, 2019
Weighted-average remaining lease term (in years):
Operating leases	4.7		4.9
Finance leases	1.8		2.6
Weighted-average discount rate:
Operating leases	3.16	%	3.88	%
Finance leases	4.81	%	4.86	%

Schedule of Supplemental Cash Flow and Other Information Related to Leases

Components of lease cost were as follows:

	Three months ended December 26, 2020		Three months ended December 28, 2019
	(in millions)
Operating lease cost	$	10.0	$	9.6
Finance lease cost:
Amortization of right-of-use assets	$	—	$	—
Interest on lease liabilities	—		—
Total finance lease cost	$	—	$	—
Short-term lease cost	$	0.9	$	0.7
Variable lease cost	$	2.2	$	0.9
Total lease cost	$	13.1	$	11.2

Supplemental cash flow information and non-cash activity related to the Company's leases was as follows:

	Three Months Ended December 26, 2020		Three months ended December 28, 2019
	(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	8.7	$	8.6
Operating cash flows from finance leases	$	—	$	—
Financing cash flows from finance leases	$	—	$	—
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	9.3	$	2.5
Finance leases	$	—	$	—

Operating Lease Maturity

Future non-cancelable lease payments are as follows:

	As of December 26, 2020
	Operating Leases		Finance Leases
Fiscal Year	(in millions)
2021 (remaining nine months)	$	37.7	$	0.1
2022	30.4		0.1
2023	19.7		—
2024	15.4		—
2025	11.9		—
Thereafter	15.2		—
Total future undiscounted lease payments	$	130.3	$	0.2
Less imputed interest	(9.8)		—
Total reported lease liability	$	120.5	$	0.2

Finance Leases Maturity

Future non-cancelable lease payments are as follows:

	As of December 26, 2020
	Operating Leases		Finance Leases
Fiscal Year	(in millions)
2021 (remaining nine months)	$	37.7	$	0.1
2022	30.4		0.1
2023	19.7		—
2024	15.4		—
2025	11.9		—
Thereafter	15.2		—
Total future undiscounted lease payments	$	130.3	$	0.2
Less imputed interest	(9.8)		—
Total reported lease liability	$	120.5	$	0.2