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Leases | 12 Months Ended
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Sep. 27, 2020
Leases [Abstract] |
Leases | Leases The components of lease costs (in millions):
| Year Ended |  |  |  |
| Sep 27, 2020 |  |  |  |
Operating lease costs(1) | $ | 1,573.6 |  |  |  |  |
Variable lease costs | 833.4 |  |  |  |  |
Short-term lease costs | 34.1 |  |  |  |  |
Total lease costs | $ | 2,441.1 |  |  |  |  |
(1)Operating lease costs includes an immaterial amount of sublease income. The following table includes supplemental information (in millions):
| Year Ended |  |  |  |
| Sep 27, 2020 |  |  |  |
Cash paid related to operating lease liabilities | $ | 1,463.3 |  |  |  |  |
Operating lease liabilities arising from obtaining ROU assets(1) | 1,093.0 |  |  |  |  |
(1)Excludes the initial impact of adoption. See Note 1, Summary of Significant Accounting Policies for additional information.
| Sep 27, 2020 |  |
Weighted-average remaining operating lease term | 8.8 years |  |
Weighted-average operating lease discount rate | 2.5 | % |  |
Finance lease assets are recorded in property, plant and equipment, net with the corresponding lease liabilities included in accrued liabilities on the consolidated balance sheet. Finance leases were immaterial as of September 27, 2020. Minimum future maturities of operating lease liabilities (in millions):
Fiscal Year | Total
2021 | $ | 1,528.1 |
2022 | 1,402.6 |
2023 | 1,266.1 |
2024 | 1,132.1 |
2025 | 980.5 |
Thereafter | 3,780.2 |
Total lease payments | 10,089.6 |
Less imputed interest | (1,179.1) |
Total | $ | 8,910.5 |
As of September 27, 2020, we have entered into operating leases that have not yet commenced of $653.8 million, primarily related to real estate leases. These leases will commence between fiscal year 2021 and fiscal year 2026 with lease terms of 3 years to 20 years. A charge of $87.7 million in accelerated amortization and impairment of ROU assets was recorded in restructuring and impairments on the consolidated statement of earnings in fiscal 2020.

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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