XML 61 R14.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Equity | 9 Months Ended
--- | ---
Jun. 28, 2015
Equity [Abstract] |
Equity | Equity Changes in total equity (in millions):
| Three Quarters Ended
| Jun 28, 2015 |  | Jun 29, 2014
| Attributable to Starbucks |  | Noncontrolling interest |  | Total Equity |  | Attributable to Starbucks |  | Noncontrolling interest |  | Total Equity
Beginning balance of total equity | $ | 5,272.0 |  |  | $ | 1.7 |  |  | $ | 5,273.7 |  |  | $ | 4,480.2 |  |  | $ | 2.1 |  |  | $ | 4,482.3 |
Net earnings including noncontrolling interests | 2,104.9 |  |  | 1.9 |  |  | 2,106.8 |  |  | 1,480.3 |  |  | (0.1 | ) |  | 1,480.2 |
Translation adjustment, net of reclassifications and tax | (121.3 | ) |  | (31.1 | ) |  | (152.4 | ) |  | (8.5 | ) |  | — |  |  | (8.5 | )
Unrealized gains/(losses), net of reclassifications and tax | (4.0 | ) |  | — |  |  | (4.0 | ) |  | 12.4 |  |  | — |  |  | 12.4 |
Other comprehensive income/(loss) | (125.3 | ) |  | (31.1 | ) |  | (156.4 | ) |  | 3.9 |  |  | — |  |  | 3.9 |
Stock-based compensation expense | 157.6 |  |  | — |  |  | 157.6 |  |  | 144.0 |  |  | — |  |  | 144.0 |
Exercise of stock options/vesting of RSUs | 153.2 |  |  | — |  |  | 153.2 |  |  | 126.3 |  |  | — |  |  | 126.3 |
Sale of common stock | 17.5 |  |  | — |  |  | 17.5 |  |  | 16.5 |  |  | — |  |  | 16.5 |
Repurchase of common stock | (975.9 | ) |  | — |  |  | (975.9 | ) |  | (595.2 | ) |  | — |  |  | (595.2 | )
Cash dividends declared | (718.2 | ) |  | — |  |  | (718.2 | ) |  | (587.2 | ) |  | — |  |  | (587.2 | )
Noncontrolling interest resulting from acquisition | — |  |  | 411.1 |  |  | 411.1 |  |  | — |  |  | — |  |  | — |
Purchase of noncontrolling interests | (29.3 | ) |  | (381.8 | ) |  | (411.1 | ) |  | — |  |  | — |  |  | — |
Ending balance of total equity | $ | 5,856.5 |  |  | $ | 1.8 |  |  | $ | 5,858.3 |  |  | $ | 5,068.8 |  |  | $ | 2.0 |  |  | $ | 5,070.8 |
Changes in accumulated other comprehensive income ("AOCI") by component, net of tax (in millions): Quarter Ended
| Available-for-Sale Securities |  | Cash Flow Hedges |  | Net Investment Hedges |  | Translation Adjustment |  | Total
June 28, 2015 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | 0.4 |  |  | $ | 46.6 |  |  | $ | 1.3 |  |  | $ | (165.2 | ) |  | $ | (116.9 | )
Net gains/(losses) recognized in OCI before reclassifications | (1.1 | ) |  | 25.1 |  |  | — |  |  | (11.0 | ) |  | 13.0 |
Net (gains)/losses reclassified from AOCI to earnings | (0.5 | ) |  | (26.7 | ) |  | — |  |  | — |  |  | (27.2 | )
Other comprehensive income/(loss) attributable to Starbucks | (1.6 | ) |  | (1.6 | ) |  | — |  |  | (11.0 | ) |  | (14.2 | )
Net gains/(losses) in AOCI, end of period | $ | (1.2 | ) |  | $ | 45.0 |  |  | $ | 1.3 |  |  | $ | (176.2 | ) |  | $ | (131.1 | )
June 29, 2014 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | (0.8 | ) |  | $ | 46.8 |  |  | $ | (9.2 | ) |  | $ | 27.5 |  |  | $ | 64.3 |
Net gains/(losses) recognized in OCI before reclassifications | 1.1 |  |  | (10.2 | ) |  | (0.4 | ) |  | 17.6 |  |  | 8.1 |
Net (gains)/losses reclassified from AOCI to earnings | — |  |  | (1.5 | ) |  | — |  |  | — |  |  | (1.5 | )
Other comprehensive income/(loss) attributable to Starbucks | 1.1 |  |  | (11.7 | ) |  | (0.4 | ) |  | 17.6 |  |  | 6.6 |
Net gains/(losses) in AOCI, end of period | $ | 0.3 |  |  | $ | 35.1 |  |  | $ | (9.6 | ) |  | $ | 45.1 |  |  | $ | 70.9 |
Three Quarters Ended
| Available-for-Sale Securities |  | Cash Flow Hedges |  | Net Investment Hedges |  | Translation Adjustment |  | Total
June 28, 2015 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | (0.4 | ) |  | $ | 46.3 |  |  | $ | 3.2 |  |  | $ | (23.8 | ) |  | $ | 25.3 |
Net gains/(losses) recognized in OCI before reclassifications | 0.2 |  |  | 73.6 |  |  | 2.7 |  |  | (135.6 | ) |  | (59.1 | )
Net (gains)/losses reclassified from AOCI to earnings | (1.0 | ) |  | (74.9 | ) |  | (4.6 | ) |  | 14.3 |  |  | (66.2 | )
Other comprehensive income/(loss) attributable to Starbucks | (0.8 | ) |  | (1.3 | ) |  | (1.9 | ) |  | (121.3 | ) |  | (125.3 | )
Purchase of noncontrolling interests | — |  |  | — |  |  | — |  |  | (31.1 | ) |  | (31.1 | )
Net gains/(losses) in AOCI, end of period | $ | (1.2 | ) |  | $ | 45.0 |  |  | $ | 1.3 |  |  | $ | (176.2 | ) |  | $ | (131.1 | )
June 29, 2014 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | (0.5 | ) |  | $ | 26.8 |  |  | $ | (12.9 | ) |  | $ | 53.6 |  |  | $ | 67.0 |
Net gains/(losses) recognized in OCI before reclassifications | 0.6 |  |  | 3.7 |  |  | 3.3 |  |  | (8.5 | ) |  | (0.9 | )
Net (gains)/losses reclassified from AOCI to earnings | 0.2 |  |  | 4.6 |  |  | — |  |  | — |  |  | 4.8 |
Other comprehensive income/(loss) attributable to Starbucks | 0.8 |  |  | 8.3 |  |  | 3.3 |  |  | (8.5 | ) |  | 3.9 |
Net gains/(losses) in AOCI, end of period | $ | 0.3 |  |  | $ | 35.1 |  |  | $ | (9.6 | ) |  | $ | 45.1 |  |  | $ | 70.9 |
Impact of reclassifications from AOCI on the consolidated statements of earnings (in millions): Quarter Ended
AOCI Components |  | Amounts Reclassified from AOCI |  | Affected Line Item in the Statements of Earnings
| Jun 28, 2015 |  | Jun 29, 2014 |
Gains/(losses) on cash flow hedges |  |  |  |  |  |
Interest rate hedges |  | $ | 1.2 |  |  | $ | 1.3 |  |  | Interest expense
Cross-currency swaps |  | 29.5 |  |  | — |  |  | Interest income and other, net
Foreign currency hedges |  | 3.7 |  |  | 0.9 |  |  | Revenues
Foreign currency/coffee hedges |  | 3.0 |  |  | 0.4 |  |  | Cost of sales including occupancy costs
|  | 37.4 |  |  | 2.6 |  |  | Total before tax
|  | (10.7 | ) |  | (1.1 | ) |  | Tax (expense)/benefit
|  | $ | 26.7 |  |  | $ | 1.5 |  |  | Net of tax
Three Quarters Ended
AOCI Components |  | Amounts Reclassified from AOCI |  | Affected Line Item in the Statements of Earnings
| Jun 28, 2015 |  | Jun 29, 2014 |
Gains/(losses) on cash flow hedges |  |  |  |  |  |
Interest rate hedges |  | $ | 3.8 |  |  | $ | 3.8 |  |  | Interest expense
Cross-currency swaps |  | 82.0 |  |  | — |  |  | Interest income and other, net
Foreign currency hedges |  | 9.6 |  |  | 3.2 |  |  | Revenues
Foreign currency/coffee hedges |  | 4.1 |  |  | (9.5 | ) |  | Cost of sales including occupancy costs
Gains/(losses) on net investment hedges(1) |  | 7.2 |  |  | — |  |  | Gain resulting from acquisition of joint venture
Translation adjustment(2) |  |  |  |  |  |
Starbucks Japan |  | (7.2 | ) |  | — |  |  | Gain resulting from acquisition of joint venture
Other |  | (7.1 | ) |  | — |  |  | Interest income and other, net
|  | 92.4 |  |  | (2.5 | ) |  | Total before tax
|  | (27.2 | ) |  | (2.1 | ) |  | Tax (expense)/benefit
|  | $ | 65.2 |  |  | $ | (4.6 | ) |  | Net of tax
(1) | Release of pretax cumulative net gains in AOCI related to our net investment derivative instruments used to hedge our preexisting 39.5% equity method investment in Starbucks Japan.
(2) | Release of cumulative translation adjustments to earnings upon sale or liquidation of foreign business.
As discussed in Note 1, Summary of Significant Accounting Policies, on April 9, 2015, we effected a two-for-one stock split of our $0.001 par value common stock for shareholders of record as of March 30, 2015. All share data presented in this note has been retroactively adjusted to reflect this stock split. In addition to 2.4 billion shares of authorized common stock with $0.001 par value per share, the Company has authorized 7.5 million shares of preferred stock, none of which was outstanding as of June 28, 2015. We repurchased 20.7 million shares of common stock at a total cost of $975.9 million, and 16.5 million shares at a total cost of $595.2 million for the three quarters ended June 28, 2015 and June 29, 2014, respectively. As of June 28, 2015, 11.0 million shares remained available for repurchase under the authorization publicly announced on November 15, 2012. On July 23, 2015, we announced that our Board of Directors approved an increase of 50 million shares to our ongoing share repurchase program. During the third quarter of fiscal 2015, our Board of Directors declared a quarterly cash dividend to shareholders of $0.16 per share to be paid on August 21, 2015 to shareholders of record as of the close of business on August 6, 2015.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration