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Acquisition (Tables) | 3 Months Ended
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Dec. 28, 2014
Business Combinations [Abstract] |
Allocation of Total Consideration to Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the allocation of the total consideration to the fair values of the assets acquired and liabilities assumed as of October 31, 2014 (in millions):
Consideration: |  |
Cash paid for Sazaby's 39.5% equity interest |  | $ | 508.7 |
Fair value of our preexisting 39.5% equity interest |  | 577.0 |
Total consideration |  | $ | 1,085.7 |
Fair value of assets acquired and liabilities assumed: |  |
Cash and cash equivalents |  | $ | 224.4 |
Accounts receivable, net |  | 37.4 |
Inventories |  | 26.4 |
Prepaid expenses and other current assets |  | 35.7 |
Deferred income taxes, net (current) |  | 23.4 |
Property, plant and equipment |  | 282.9 |
Other long-term assets |  | 141.4 |
Other intangible assets |  | 323.0 |
Goodwill |  | 815.6 |
Total assets acquired |  | 1,910.2 |
Accounts payable |  | (54.5 | )
Accrued liabilities |  | (119.9 | )
Deferred revenue |  | (36.5 | )
Deferred income taxes (noncurrent) |  | (92.9 | )
Other long-term liabilities |  | (109.6 | )
Total liabilities assumed |  | (413.4 | )
Noncontrolling interest |  | (411.1 | )
Total consideration |  | $ | 1,085.7 |
Acquired intangible assets | Below is a tabular summary of the acquired intangible assets as of December 28, 2014, for which the balances in total are $32.9 million lower than as of the October 31, 2014 acquisition date due to foreign currency translation (in millions):
| Dec 28, 2014
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Reacquired rights | $ | 273.9 |  |  | $ | (7.1 | ) |  | $ | 266.8 |
Licensing agreements | 13.5 |  |  | (0.2 | ) |  | 13.3 |
Customer loyalty program | 2.7 |  |  | (0.1 | ) |  | 2.6 |
Total acquired definite-lived intangible assets | $ | 290.1 |  |  | $ | (7.4 | ) |  | $ | 282.7 |
Minimum future rental payments | The table below summarizes our estimated minimum future rental payments under the acquired non-cancelable operating leases and lease financing arrangements as of December 28, 2014 (in millions):
| Operating Leases |  | Lease Financing Arrangements
Year 1 | $ | 78.4 |  |  | $ | 2.9 |
Year 2 | 59.1 |  |  | 2.8 |
Year 3 | 45.7 |  |  | 2.8 |
Year 4 | 35.4 |  |  | 2.8 |
Year 5 | 28.2 |  |  | 2.8 |
Thereafter | 139.9 |  |  | 25.2 |
Total minimum lease payments | $ | 386.7 |  |  | $ | 39.3 |
Supplemental pro forma revenue and net earnings | The following table provides the supplemental pro forma revenue and net earnings of the combined entity had the acquisition date of Starbucks Japan been the first day of our first quarter of fiscal 2014 rather than during our first quarter of fiscal 2015 (in millions):
|  | Quarter Ended - Pro Forma (unaudited)
|  | Dec 28, 2014 |  | Dec 29, 2013
Revenue |  | $ | 4,895.0 |  |  | $ | 4,526.7 |
Net earnings attributable to Starbucks(1) |  | 600.3 |  |  | 921.1 |

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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 + Details
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