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Equity | 6 Months Ended
--- | ---
Mar. 28, 2021
Equity [Abstract] |
Equity | 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 28, 2021 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | 4.1 |  |  | $ | (75.5) |  |  | $ | (13.5) |  |  | $ | (61.0) |  |  | $ | (145.9) |
Net gains/(losses) recognized in OCI before reclassifications | (2.0) |  |  | 73.3 |  |  | 35.6 |  |  | (81.2) |  |  | 25.7 |
Net (gains)/losses reclassified from AOCI to earnings | (0.1) |  |  | (3.5) |  |  | (2.5) |  |  | — |  |  | (6.1) |
Other comprehensive income/(loss) attributable to Starbucks | (2.1) |  |  | 69.8 |  |  | 33.1 |  |  | (81.2) |  |  | 19.6 |
Net gains/(losses) in AOCI, end of period | $ | 2.0 |  |  | $ | (5.7) |  |  | $ | 19.6 |  |  | $ | (142.2) |  |  | $ | (126.3) |
March 29, 2020 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | 3.2 |  |  | $ | 33.7 |  |  | $ | 7.7 |  |  | $ | (432.0) |  |  | $ | (387.4) |
Net gains/(losses) recognized in OCI before reclassifications | 2.5 |  |  | (96.7) |  |  | 43.0 |  |  | (78.4) |  |  | (129.6) |
Net (gains)/losses reclassified from AOCI to earnings | (0.1) |  |  | (1.8) |  |  | (2.9) |  |  | — |  |  | (4.8) |
Other comprehensive income/(loss) attributable to Starbucks | 2.4 |  |  | (98.5) |  |  | 40.1 |  |  | (78.4) |  |  | (134.4) |
Net gains/(losses) in AOCI, end of period | $ | 5.6 |  |  | $ | (64.8) |  |  | $ | 47.8 |  |  | $ | (510.4) |  |  | $ | (521.8) |
Two Quarters Ended | Available-for-Sale Debt Securities |  | Cash Flow Hedges |  | Net Investment Hedges |  | Translation Adjustment and Other |  | Total
March 28, 2021 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | 5.7 |  |  | $ | (82.1) |  |  | $ | 11.5 |  |  | $ | (299.7) |  |  | $ | (364.6) |
Net gains/(losses) recognized in OCI before reclassifications | (2.4) |  |  | 78.1 |  |  | 13.0 |  |  | 157.5 |  |  | 246.2 |
Net (gains)/losses reclassified from AOCI to earnings | (1.3) |  |  | (1.7) |  |  | (4.9) |  |  | — |  |  | (7.9) |
Other comprehensive income/(loss) attributable to Starbucks | (3.7) |  |  | 76.4 |  |  | 8.1 |  |  | 157.5 |  |  | 238.3 |
Net gains/(losses) in AOCI, end of period | $ | 2.0 |  |  | $ | (5.7) |  |  | $ | 19.6 |  |  | $ | (142.2) |  |  | $ | (126.3) |
March 29, 2020 |  |  |  |  |  |  |  |  |
Net gains/(losses) in AOCI, beginning of period | $ | 3.9 |  |  | $ | 11.0 |  |  | $ | (10.1) |  |  | $ | (508.1) |  |  | $ | (503.3) |
Net gains/(losses) recognized in OCI before reclassifications | 2.4 |  |  | (70.9) |  |  | 60.7 |  |  | (2.3) |  |  | (10.1) |
Net (gains)/losses reclassified from AOCI to earnings | — |  |  | (7.9) |  |  | (5.3) |  |  | — |  |  | (13.2) |
Other comprehensive income/(loss) attributable to Starbucks | 2.4 |  |  | (78.8) |  |  | 55.4 |  |  | (2.3) |  |  | (23.3) |
Cumulative effect of accounting adoption | (0.7) |  |  | 3.0 |  |  | 2.5 |  |  | — |  |  | 4.8 |
Net gains/(losses) in AOCI, end of period | $ | 5.6 |  |  | $ | (64.8) |  |  | $ | 47.8 |  |  | $ | (510.4) |  |  | $ | (521.8) |
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 28, 2021 |  | Mar 29, 2020 |
Gains/(losses) on available-for-sale debt securities |  | $ | 0.2 |  |  | $ | 0.2 |  |  | Interest income and other, net
Gains/(losses) on cash flow hedges |  | 4.3 |  |  | 2.3 |  |  | Please refer to Note 2, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges |  | 3.4 |  |  | 3.9 |  |  | Interest expense
|  | 7.9 |  |  | 6.4 |  |  | Total before tax
|  | (1.8) |  |  | (1.6) |  |  | Tax (expense)/benefit
|  | $ | 6.1 |  |  | $ | 4.8 |  |  | Net of tax
Two Quarters Ended |  |  |  |  |  |
AOCI Components |  | Amounts Reclassified from AOCI |  | Affected Line Item in the Statements of Earnings
| Mar 28, 2021 |  | Mar 29, 2020 |
Gains/(losses) on available-for-sale debt securities |  | $ | 1.7 |  |  | $ | — |  |  | Interest income and other, net
Gains/(losses) on cash flow hedges |  | 3.2 |  |  | 9.9 |  |  | Please refer to Note 2, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges |  | 6.6 |  |  | 7.2 |  |  | Interest expense
|  | 11.5 |  |  | 17.1 |  |  | Total before tax
|  | (3.6) |  |  | (3.9) |  |  | Tax (expense)/benefit
|  | $ | 7.9 |  |  | $ | 13.2 |  |  | 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 March 28, 2021. As of March 28, 2021, 48.9 million shares remained available for repurchase under current authorizations. We have suspended our share repurchase program until we restore certain financial leverage targets, which we currently expect to occur in late fiscal 2021. During the second quarter of fiscal 2021, our Board of Directors approved a quarterly cash dividend to shareholders of $0.45 per share to be paid on May 28, 2021 to shareholders of record as of the close of business on May 13, 2021.

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -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=120397183&loc=d3e187085-122770 Reference 3: 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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