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Fair Value Measurements
 9 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
Assets and liabilities measured at fair value on a recurring basis (in millions):
  Fair Value Measurements at Reporting Date Using
 Balance at
June 30, 2024		Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant  Other Observable Inputs
(Level 2)		Significant Unobservable  Inputs
(Level 3)
Assets:
Cash and cash equivalents$3,179.1 $3,179.1 $— $— 
Short-term investments:
Available-for-sale debt securities:
Corporate debt securities49.9 — 49.9 — 
Foreign corporate bonds
0.2 — 0.2 — 
Mortgage and other asset-backed securities0.3 — 0.3 — 
State and local government obligations1.4 — 1.4 — 
U.S. government treasury securities18.7 18.7 — — 
Total available-for-sale debt securities70.5 18.7 51.8 — 
Structured deposits55.2 — 55.2 — 
Marketable equity securities86.6 86.6 — — 
Total short-term investments212.3 105.3 107.0 — 
Prepaid expenses and other current assets:
Derivative assets51.6 — 51.6 — 
Long-term investments:
Available-for-sale debt securities:
Corporate debt securities113.9 — 103.1 10.8 
Mortgage and other asset-backed securities54.9 — 54.9 — 
State and local government obligations3.7 — 3.7 — 
U.S. government treasury securities102.1 102.1 — — 
Total available-for-sale debt securities274.6 102.1 161.7 10.8 
Structured deposits0.2 — 0.2 — 
Total long-term investments274.8 102.1 161.9 10.8 
Other long-term assets:
Derivative assets286.2 — 286.2 — 
Total assets$4,004.0 $3,386.5 $606.7 $10.8 
Liabilities:
Accrued liabilities:
Derivative liabilities$3.2 $— $3.2 $— 
Other long-term liabilities:
Derivative liabilities36.9 — 36.9 — 
Total liabilities$40.1 $— $40.1 $— 
  Fair Value Measurements at Reporting Date Using
 Balance at
October 1, 2023		Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant Other Observable Inputs
(Level 2)
Significant
Unobservable  Inputs
(Level 3)
Assets:
Cash and cash equivalents$3,551.5 $3,551.5 $— $— 
Short-term investments:
Available-for-sale debt securities:
Corporate debt securities64.0 — 64.0 — 
U.S. government treasury securities2.8 2.8 — — 
Foreign government obligations3.9 — 3.9 — 
Total available-for-sale debt securities70.7 2.8 67.9 — 
Structured deposits261.2 — 261.2 — 
Marketable equity securities69.6 69.6 — — 
Total short-term investments401.5 72.4 329.1 — 
Prepaid expenses and other current assets:
Derivative assets41.0 — 41.0 — 
Long-term investments:
Available-for-sale debt securities:
Corporate debt securities91.1 — 91.1 — 
Mortgage and other asset-backed securities50.2 — 50.2 — 
State and local government obligations1.3 — 1.3 — 
U.S. government treasury securities104.7 104.7 — — 
Total long-term investments247.3 104.7 142.6 — 
Other long-term assets:
Derivative assets153.0 — 153.0 — 
Total assets$4,394.3 $3,728.6 $665.7 $— 
Liabilities:
Accrued liabilities:
Derivative liabilities$3.6 $— $3.6 $— 
Other long-term liabilities:
Derivative liabilities43.2 — 43.2 — 
Total liabilities$46.8 $— $46.8 $— 
There were no material transfers between levels, and there was no significant activity within Level 3 instruments during the periods presented. The fair values of any financial instruments presented above exclude the impact of netting assets and liabilities when a legally enforceable master netting agreement exists.
Gross unrealized holding gains and losses on available-for-sale debt securities, structured deposits, and marketable equity securities were not material as of June 30, 2024 and October 1, 2023.
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Assets and liabilities recognized or disclosed at fair value on the consolidated financial statements on a nonrecurring basis include items such as property, plant and equipment, ROU assets, goodwill and other intangible assets, equity and other investments, and other assets. These assets are measured at fair value if determined to be impaired.
The estimated fair value of our long-term debt based on the quoted market price (Level 2) is included at Note 8, Debt. There were no material fair value adjustments during the three quarters ended June 30, 2024 and July 2, 2023.