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Equity | 9 Months Ended
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Jun. 26, 2016
Equity [Abstract] |
Equity | Equity Changes in total equity (in millions):
| Three Quarters Ended
| Jun 26, 2016 |  | Jun 28, 2015
| Attributable to Starbucks |  | Noncontrolling interest |  | Total Equity |  | Attributable to Starbucks |  | Noncontrolling interest |  | Total Equity
Beginning balance of total equity | $ | 5,818.0 |  |  | $ | 1.8 |  |  | $ | 5,819.8 |  |  | $ | 5,272.0 |  |  | $ | 1.7 |  |  | $ | 5,273.7 |
Net earnings including noncontrolling interests | 2,016.8 |  |  | 0.4 |  |  | 2,017.2 |  |  | 2,104.9 |  |  | 1.9 |  |  | 2,106.8 |
Translation adjustment and other, net of reclassifications and tax | 91.3 |  |  | — |  |  | 91.3 |  |  | (121.3 | ) |  | (31.1 | ) |  | (152.4 | )
Unrealized gains/(losses), net of reclassifications and tax | (20.5 | ) |  | — |  |  | (20.5 | ) |  | (4.0 | ) |  | — |  |  | (4.0 | )
Other comprehensive income/(loss) | 70.8 |  |  | — |  |  | 70.8 |  |  | (125.3 | ) |  | (31.1 | ) |  | (156.4 | )
Stock-based compensation expense | 159.6 |  |  | — |  |  | 159.6 |  |  | 157.6 |  |  | — |  |  | 157.6 |
Exercise of stock options/vesting of RSUs | 115.4 |  |  | — |  |  | 115.4 |  |  | 153.2 |  |  | — |  |  | 153.2 |
Sale of common stock | 12.7 |  |  | — |  |  | 12.7 |  |  | 17.5 |  |  | — |  |  | 17.5 |
Repurchase of common stock | (1,590.4 | ) |  | — |  |  | (1,590.4 | ) |  | (975.9 | ) |  | — |  |  | (975.9 | )
Cash dividends declared | (881.1 | ) |  | — |  |  | (881.1 | ) |  | (718.2 | ) |  | — |  |  | (718.2 | )
Noncontrolling interest resulting from acquisition | — |  |  | — |  |  | — |  |  | — |  |  | 411.1 |  |  | 411.1 |
Purchase of noncontrolling interests | — |  |  | — |  |  | — |  |  | (29.3 | ) |  | (381.8 | ) |  | (411.1 | )
Ending balance of total equity | $ | 5,721.8 |  |  | $ | 2.2 |  |  | $ | 5,724.0 |  |  | $ | 5,856.5 |  |  | $ | 1.8 |  |  | $ | 5,858.3 |
Changes in AOCI by component, net of tax (in millions): Quarter Ended
| Available-for-Sale Securities |  | Cash Flow Hedges |  | Net Investment Hedges |  | Translation Adjustment and Other |  | Total
June 26, 2016 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | 2.9 |  |  | $ | (3.8 | ) |  | $ | 1.3 |  |  | $ | (189.6 | ) |  | $ | (189.2 | )
Net gains/(losses) recognized in OCI before reclassifications | (2.6 | ) |  | (35.6 | ) |  | — |  |  | 54.7 |  |  | 16.5 |
Net (gains)/losses reclassified from AOCI to earnings | (0.6 | ) |  | 44.7 |  |  | — |  |  | — |  |  | 44.1 |
Other comprehensive income/(loss) attributable to Starbucks | (3.2 | ) |  | 9.1 |  |  | — |  |  | 54.7 |  |  | 60.6 |
Net gains/(losses) in AOCI, end of period | $ | (0.3 | ) |  | $ | 5.3 |  |  | $ | 1.3 |  |  | $ | (134.9 | ) |  | $ | (128.6 | )
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 | )
Three Quarters Ended
| Available-for-Sale Securities |  | Cash Flow Hedges |  | Net Investment Hedges |  | Translation Adjustment and Other |  | Total
June 26, 2016 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | (0.1 | ) |  | $ | 25.6 |  |  | $ | 1.3 |  |  | $ | (226.2 | ) |  | $ | (199.4 | )
Net gains/(losses) recognized in OCI before reclassifications | 0.4 |  |  | (83.2 | ) |  | — |  |  | 91.3 |  |  | 8.5 |
Net (gains)/losses reclassified from AOCI to earnings | (0.6 | ) |  | 62.9 |  |  | — |  |  | — |  |  | 62.3 |
Other comprehensive income/(loss) attributable to Starbucks | (0.2 | ) |  | (20.3 | ) |  | — |  |  | 91.3 |  |  | 70.8 |
Net gains/(losses) in AOCI, end of period | $ | (0.3 | ) |  | $ | 5.3 |  |  | $ | 1.3 |  |  | $ | (134.9 | ) |  | $ | (128.6 | )
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 | )
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 26, 2016 |  | Jun 28, 2015 |
Gains/(losses) on cash flow hedges |  |  |  |  |  |
Interest rate hedges |  | $ | 1.2 |  |  | $ | 1.2 |  |  | Interest expense
Cross-currency swaps |  | (57.6 | ) |  | 29.5 |  |  | Interest income and other, net
Foreign currency hedges |  | 0.1 |  |  | 3.7 |  |  | Revenues
Foreign currency/coffee hedges |  | 1.6 |  |  | 3.0 |  |  | Cost of sales including occupancy costs
|  | (54.7 | ) |  | 37.4 |  |  | Total before tax
|  | 10.0 |  |  | (10.7 | ) |  | Tax (expense)/benefit
|  | $ | (44.7 | ) |  | $ | 26.7 |  |  | Net of tax
Three Quarters Ended
AOCI Components |  | Amounts Reclassified from AOCI |  | Affected Line Item in the Statements of Earnings
| Jun 26, 2016 |  | Jun 28, 2015 |
Gains/(losses) on cash flow hedges |  |  |  |  |  |
Interest rate hedges |  | $ | 4.0 |  |  | $ | 3.8 |  |  | Interest expense
Cross-currency swaps |  | (95.8 | ) |  | 82.0 |  |  | Interest income and other, net
Foreign currency hedges |  | 5.5 |  |  | 9.6 |  |  | Revenues
Foreign currency/coffee hedges |  | 11.9 |  |  | 4.1 |  |  | 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
|  | (74.4 | ) |  | 92.4 |  |  | Total before tax
|  | 11.5 |  |  | (27.2 | ) |  | Tax (expense)/benefit
|  | $ | (62.9 | ) |  | $ | 65.2 |  |  | 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.
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 26, 2016. We repurchased 27.6 million shares of common stock at a total cost of $1.6 billion, and 20.7 million shares at a total cost of $975.9 million for three quarters ended June 26, 2016 and June 28, 2015, respectively. On April 21, 2016, we announced that our Board of Directors approved an increase of 100 million shares to our ongoing share repurchase program. As of June 26, 2016, 125.1 million shares remained available for repurchase under our ongoing share repurchase program. During the third quarter of fiscal 2016, our Board of Directors declared a quarterly cash dividend to shareholders of $0.20 per share to be paid on August 19, 2016 to shareholders of record as of the close of business on August 4, 2016.

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