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Equity | 6 Months Ended
--- | ---
Apr. 02, 2017
Equity [Abstract] |
Equity | Equity Changes in total equity (in millions):
| Two Quarters Ended
| Apr 2, 2017 |  | Mar 27, 2016
| Attributable to Starbucks |  | Noncontrolling interests |  | Total Equity |  | Attributable to Starbucks |  | Noncontrolling interest |  | Total Equity
Beginning balance of total equity | $ | 5,884.0 |  |  | $ | 6.7 |  |  | $ | 5,890.7 |  |  | $ | 5,818.0 |  |  | $ | 1.8 |  |  | $ | 5,819.8 |
Net earnings including noncontrolling interests | 1,404.9 |  |  | (0.3 | ) |  | 1,404.6 |  |  | 1,262.6 |  |  | — |  |  | 1,262.6 |
Translation adjustment and other, net of reclassifications and tax | (112.3 | ) |  | — |  |  | (112.3 | ) |  | 36.6 |  |  | — |  |  | 36.6 |
Unrealized gains/(losses), net of reclassifications and tax | 14.3 |  |  | — |  |  | 14.3 |  |  | (26.4 | ) |  | — |  |  | (26.4 | )
Other comprehensive income/(loss) | (98.0 | ) |  | — |  |  | (98.0 | ) |  | 10.2 |  |  | — |  |  | 10.2 |
Stock-based compensation expense | 105.8 |  |  | — |  |  | 105.8 |  |  | 109.5 |  |  | — |  |  | 109.5 |
Exercise of stock options/vesting of RSUs | 64.7 |  |  | — |  |  | 64.7 |  |  | 59.7 |  |  | — |  |  | 59.7 |
Sale of common stock | 14.2 |  |  | — |  |  | 14.2 |  |  | 6.9 |  |  | — |  |  | 6.9 |
Repurchase of common stock | (1,046.1 | ) |  | — |  |  | (1,046.1 | ) |  | (1,584.5 | ) |  | — |  |  | (1,584.5 | )
Cash dividends declared | (724.5 | ) |  | — |  |  | (724.5 | ) |  | (587.8 | ) |  | — |  |  | (587.8 | )
Ending balance of total equity | $ | 5,605.0 |  |  | $ | 6.4 |  |  | $ | 5,611.4 |  |  | $ | 5,094.6 |  |  | $ | 1.8 |  |  | $ | 5,096.4 |
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
April 2, 2017 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | (7.6 | ) |  | $ | 31.6 |  |  | $ | 27.2 |  |  | $ | (293.5 | ) |  | $ | (242.3 | )
Net gains/(losses) recognized in OCI before reclassifications | 1.4 |  |  | (25.8 | ) |  | (15.9 | ) |  | 59.5 |  |  | 19.2 |
Net (gains)/losses reclassified from AOCI to earnings | 0.9 |  |  | 15.8 |  |  | — |  |  | — |  |  | 16.7 |
Other comprehensive income/(loss) attributable to Starbucks | 2.3 |  |  | (10.0 | ) |  | (15.9 | ) |  | 59.5 |  |  | 35.9 |
Net gains/(losses) in AOCI, end of period | $ | (5.3 | ) |  | $ | 21.6 |  |  | $ | 11.3 |  |  | $ | (234.0 | ) |  | $ | (206.4 | )
March 27, 2016 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | 0.8 |  |  | $ | 23.4 |  |  | $ | 1.3 |  |  | $ | (250.6 | ) |  | $ | (225.1 | )
Net gains/(losses) recognized in OCI before reclassifications | 2.4 |  |  | (50.7 | ) |  | — |  |  | 61.0 |  |  | 12.7 |
Net (gains)/losses reclassified from AOCI to earnings | (0.3 | ) |  | 23.5 |  |  | — |  |  | — |  |  | 23.2 |
Other comprehensive income/(loss) attributable to Starbucks | 2.1 |  |  | (27.2 | ) |  | — |  |  | 61.0 |  |  | 35.9 |
Net gains/(losses) in AOCI, end of period | $ | 2.9 |  |  | $ | (3.8 | ) |  | $ | 1.3 |  |  | $ | (189.6 | ) |  | $ | (189.2 | )
Two Quarters Ended
| Available-for-Sale Securities |  | Cash Flow Hedges |  | Net Investment Hedges |  | Translation Adjustment and Other |  | Total
April 2, 2017 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | 1.1 |  |  | $ | 10.9 |  |  | $ | 1.3 |  |  | $ | (121.7 | ) |  | $ | (108.4 | )
Net gains/(losses) recognized in OCI before reclassifications | (7.9 | ) |  | 61.2 |  |  | 10.0 |  |  | (112.3 | ) |  | (49.0 | )
Net (gains)/losses reclassified from AOCI to earnings | 1.5 |  |  | (50.5 | ) |  | — |  |  | — |  |  | (49.0 | )
Other comprehensive income/(loss) attributable to Starbucks | (6.4 | ) |  | 10.7 |  |  | 10.0 |  |  | (112.3 | ) |  | (98.0 | )
Net gains/(losses) in AOCI, end of period | $ | (5.3 | ) |  | $ | 21.6 |  |  | $ | 11.3 |  |  | $ | (234.0 | ) |  | $ | (206.4 | )
March 27, 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 | 3.0 |  |  | (47.6 | ) |  | — |  |  | 36.6 |  |  | (8.0 | )
Net (gains)/losses reclassified from AOCI to earnings | — |  |  | 18.2 |  |  | — |  |  | — |  |  | 18.2 |
Other comprehensive income/(loss) attributable to Starbucks | 3.0 |  |  | (29.4 | ) |  | — |  |  | 36.6 |  |  | 10.2 |
Net gains/(losses) in AOCI, end of period | $ | 2.9 |  |  | $ | (3.8 | ) |  | $ | 1.3 |  |  | $ | (189.6 | ) |  | $ | (189.2 | )
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
| Apr 2, 2017 |  | Mar 27, 2016 |
Gains/(losses) on available-for-sale securities |  | $ | (1.2 | ) |  | $ | 0.5 |  |  | Interest income and other, net
Gains/(losses) on cash flow hedges |  |  |  |  |  |
Interest rate hedges |  | 1.2 |  |  | 1.3 |  |  | Interest expense
Cross-currency swaps |  | (23.4 | ) |  | (36.4 | ) |  | Interest income and other, net
Foreign currency hedges |  | 1.2 |  |  | 2.3 |  |  | Revenues
Foreign currency/coffee hedges |  | 2.1 |  |  | 5.0 |  |  | Cost of sales including occupancy costs
|  | (20.1 | ) |  | (27.3 | ) |  | Total before tax
|  | 3.4 |  |  | 4.1 |  |  | Tax benefit
|  | $ | (16.7 | ) |  | $ | (23.2 | ) |  | Net of tax
Two Quarters Ended
AOCI Components |  | Amounts Reclassified from AOCI |  | Affected Line Item in the Statements of Earnings
| Apr 2, 2017 |  | Mar 27, 2016 |
Gains/(losses) on available-for-sale securities |  | $ | (2.0 | ) |  | $ | 0.2 |  |  | Interest income and other, net
Gains/(losses) on cash flow hedges |  |  |  |  |  |
Interest rate hedges |  | 2.4 |  |  | 2.8 |  |  | Interest expense
Cross-currency swaps |  | 54.2 |  |  | (38.2 | ) |  | Interest income and other, net
Foreign currency hedges |  | 2.5 |  |  | 5.4 |  |  | Revenues
Foreign currency/coffee hedges |  | 4.5 |  |  | 10.3 |  |  | Cost of sales including occupancy costs
|  | 61.6 |  |  | (19.5 | ) |  | Total before tax
|  | (12.6 | ) |  | 1.3 |  |  | Tax (expense)/benefit
|  | $ | 49.0 |  |  | $ | (18.2 | ) |  | Net of tax
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 April 2, 2017. We repurchased 19.0 million shares of common stock at a total cost of $1.0 billion, and 27.5 million shares at a total cost of $1.6 billion for two quarters ended April 2, 2017 and March 27, 2016, respectively. As of April 2, 2017, 98.9 million shares remained available for repurchase under current authorizations. During the second quarter of fiscal 2017, our Board of Directors declared a quarterly cash dividend to shareholders of $0.25 per share to be paid on May 26, 2017 to shareholders of record as of the close of business on May 11, 2017.

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- 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 310 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707 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 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 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 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 6: 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(31)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 7: 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 8: 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(30)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 9: 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 10: 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)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 11: 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 12: 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 13: 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 14: 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 15: 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 16: 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 + Details
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