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Equity | 6 Months Ended
--- | ---
Mar. 31, 2019
Equity [Abstract] |
Equity | Changes in AOCI by component, net of tax (in millions):
Quarter Ended | Available-for-Sale Debt Securities |  | Cash Flow Hedges |  | Net Investment Hedges |  | Translation Adjustment and Other |  | Total
March 31, 2019 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | (2.9 | ) |  | $ | 17.5 |  |  | $ | 3.3 |  |  | $ | (361.1 | ) |  | $ | (343.2 | )
Net gains/(losses) recognized in OCI before reclassifications | 2.9 |  |  | (8.9 | ) |  | 2.2 |  |  | 79.7 |  |  | 75.9 |
Net (gains)/losses reclassified from AOCI to earnings | 0.1 |  |  | (4.3 | ) |  | — |  |  | — |  |  | (4.2 | )
Other comprehensive income/(loss) attributable to Starbucks | 3.0 |  |  | (13.2 | ) |  | 2.2 |  |  | 79.7 |  |  | 71.7 |
Net gains/(losses) in AOCI, end of period | $ | 0.1 |  |  | $ | 4.3 |  |  | $ | 5.5 |  |  | $ | (281.4 | ) |  | $ | (271.5 | )
April 1, 2018 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | (3.0 | ) |  | $ | (1.1 | ) |  | $ | 13.7 |  |  | $ | (134.9 | ) |  | $ | (125.3 | )
Net gains/(losses) recognized in OCI before reclassifications | (2.6 | ) |  | (34.3 | ) |  | (32.8 | ) |  | 178.5 |  |  | 108.8 |
Net (gains)/losses reclassified from AOCI to earnings | 0.6 |  |  | 24.7 |  |  | — |  |  | 24.1 |  |  | 49.4 |
Other comprehensive income/(loss) attributable to Starbucks | (2.0 | ) |  | (9.6 | ) |  | (32.8 | ) |  | 202.6 |  |  | 158.2 |
Net gains/(losses) in AOCI, end of period | $ | (5.0 | ) |  | $ | (10.7 | ) |  | $ | (19.1 | ) |  | $ | 67.7 |  |  | $ | 32.9 |
Two Quarters Ended | Available-for-Sale Debt Securities |  | Cash Flow Hedges |  | Net Investment Hedges |  | Translation Adjustment and Other |  | Total
March 31, 2019 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | (4.9 | ) |  | $ | 17.7 |  |  | $ | 19.6 |  |  | $ | (362.7 | ) |  | $ | (330.3 | )
Net gains/(losses) recognized in OCI before reclassifications | 4.6 |  |  | (16.2 | ) |  | (14.1 | ) |  | 81.3 |  |  | 55.6 |
Net (gains)/losses reclassified from AOCI to earnings | 0.4 |  |  | 2.8 |  |  | — |  |  | — |  |  | 3.2 |
Other comprehensive income/(loss) attributable to Starbucks | 5.0 |  |  | (13.4 | ) |  | (14.1 | ) |  | 81.3 |  |  | 58.8 |
Net gains/(losses) in AOCI, end of period | $ | 0.1 |  |  | $ | 4.3 |  |  | $ | 5.5 |  |  | $ | (281.4 | ) |  | $ | (271.5 | )
April 1, 2018 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | (2.5 | ) |  | $ | (4.1 | ) |  | $ | 14.0 |  |  | $ | (163.0 | ) |  | $ | (155.6 | )
Net gains/(losses) recognized in OCI before reclassifications | (4.3 | ) |  | (36.2 | ) |  | (33.1 | ) |  | 213.8 |  |  | 140.2 |
Net (gains)/losses reclassified from AOCI to earnings | 1.8 |  |  | 29.6 |  |  | — |  |  | 16.9 |  |  | 48.3 |
Other comprehensive income/(loss) attributable to Starbucks | (2.5 | ) |  | (6.6 | ) |  | (33.1 | ) |  | 230.7 |  |  | 188.5 |
Net gains/(losses) in AOCI, end of period | $ | (5.0 | ) |  | $ | (10.7 | ) |  | $ | (19.1 | ) |  | $ | 67.7 |  |  | $ | 32.9 |
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
| Mar 31, 2019 |  | Apr 1, 2018 |
Gains/(losses) on available-for-sale debt securities |  | $ | 0.2 |  |  | $ | (0.8 | ) |  | Interest income and other, net
Gains/(losses) on cash flow hedges |  |  |  |  |  |
Interest rate hedges |  | 1.4 |  |  | 1.2 |  |  | Interest expense
Cross-currency swaps |  | 1.3 |  |  | (26.1 | ) |  | Interest income and other, net
Foreign currency hedges |  | 1.3 |  |  | (1.4 | ) |  | Revenues
Foreign currency/coffee hedges |  | 1.6 |  |  | (4.2 | ) |  | Cost of sales including occupancy costs
Gains/(losses) on net investment hedges |  | — |  |  | — |  |  | Interest income and other, net
Translation adjustment |  |  |  |  |  |
Brazil |  | — |  |  | (24.1 | ) |  | Gain/(loss) resulting from divestiture of certain operations
Other |  | — |  |  | 0.1 |  |  | Interest income and other, net
|  | 5.8 |  |  | (55.3 | ) |  | Total before tax
|  | (1.6 | ) |  | 5.9 |  |  | Tax (expense)/benefit
|  | $ | 4.2 |  |  | $ | (49.4 | ) |  | Net of tax
Two Quarters Ended |  |  |  |  |  |
AOCI Components |  | Amounts Reclassified from AOCI |  | Affected Line Item in the Statements of Earnings
| Mar 31, 2019 |  | Apr 1, 2018 |
Gains/(losses) on available-for-sale debt securities |  | $ | 0.7 |  |  | $ | (2.4 | ) |  | Interest income and other, net
Gains/(losses) on cash flow hedges |  |  |  |  |  |
Interest rate hedges |  | 2.8 |  |  | 2.4 |  |  | Interest expense
Cross-currency swaps |  | (10.4 | ) |  | (26.6 | ) |  | Interest income and other, net
Foreign currency hedges |  | 2.7 |  |  | (1.8 | ) |  | Revenues
Foreign currency/coffee hedges |  | 1.9 |  |  | (9.9 | ) |  | Cost of sales including occupancy costs
Gains/(losses) on net investment hedges |  | — |  |  | — |  |  | Interest income and other, net
Translation adjustment |  |  |  |  |  |
Brazil |  | — |  |  | (24.1 | ) |  | Gain/(loss) resulting from divestiture of certain operations
East China joint venture |  | — |  |  | 7.2 |  |  | Gain resulting from acquisition of joint venture
Taiwan joint venture |  | — |  |  | 1.4 |  |  | Gain/(loss) resulting from divestiture of certain operations
Other |  | — |  |  | (1.7 | ) |  | Interest income and other, net
|  | (2.3 | ) |  | (55.5 | ) |  | Total before tax
|  | (0.9 | ) |  | 7.2 |  |  | Tax (expense)/benefit
|  | $ | (3.2 | ) |  | $ | (48.3 | ) |  | 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 March 31, 2019. In September 2018, we entered into accelerated share repurchase agreements (“ASR agreements”) with third-party financial institutions totaling $5.0 billion, effective October 1, 2018. We made a $5.0 billion upfront payment to the financial institutions and received an initial delivery of 72.0 million shares. In March 2019, we received an additional 4.9 million shares upon the completion of the program based on a volume-weighted average share price (less discount) of $65.03. In March 2019, we entered into ASR agreements with third-party financial institutions totaling $2.0 billion, effective March 22, 2019. We made a $2.0 billion upfront payment to the financial institutions and received an initial delivery of 22.2 million shares of our common stock, which approximated 80 percent of the total value based on our share price of $71.96 at the inception of the agreement. Upon completion, the total shares repurchased will be based on the volume-weighted average share price during the term of the ASR agreements less an applicable discount. The financial institutions may be required to deliver additional shares or, under certain circumstances, we may elect to deliver shares or make a cash payment to the financial institutions. Final settlement is expected to be completed no later than June 2019. Outside of the ASR agreements noted above, we repurchased 10.2 million shares of common stock for $713.2 million on the open market during the two quarters ended March 31, 2019. In connection with the ASR agreements and other open market transactions, we repurchased 109.3 million shares of common stock at a total cost of $7.7 billion for the two quarters ended March 31, 2019. During the same period of fiscal 2018, we repurchased 55.9 million shares at a total cost of $3.2 billion. In the first quarter 2019, we announced that our Board of Directors approved an increase of 120 million shares to our ongoing share repurchase program. As of March 31, 2019, 59.5 million shares remained available for repurchase under current authorizations. During the second quarter of fiscal 2019, our Board of Directors declared a quarterly cash dividend to shareholders of $0.36 per share to be paid on May 24, 2019 to shareholders of record as of the close of business on May 9, 2019.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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