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Other Intangible Assets and Goodwill

12 Months Ended

Sep. 28, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Other Intangible Assets and Goodwill

Other Intangible Assets and Goodwill

Indefinite-Lived Intangible Assets

(in millions)			Sep 28, 2025						Sep 29, 2024
Trade names, trademarks, and patents			$	79.5					$	79.5

Finite-Lived Intangible Assets

			Sep 28, 2025																		Sep 29, 2024
(in millions)			Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Acquired and reacquired rights			$	1,053.9					$	(974.9)					$	79.0					$	995.5					$	(995.5)					$	—
Acquired trade secrets and processes			27.6						(27.6)						—						27.6						(27.6)						—
Trade names, trademarks, and patents			131.2						(122.9)						8.3						130.4						(110.0)						20.4
Licensing agreements			13.0						(13.0)						—						13.4						(12.4)						1.0
Other finite-lived intangible assets			20.5						(20.5)						—						20.9						(20.9)						—
Total finite-lived intangible assets			$	1,246.2					$	(1,158.9)					$	87.3					$	1,187.8					$	(1,166.4)					$	21.4

Amortization expense for finite-lived intangible assets was $17.6 million, $20.4 million, and $21.5 million during fiscal 2025, 2024, and 2023, respectively.

Estimated future amortization expense as of September 28, 2025 (in millions):

Fiscal Year
2026			$	6.1
2027			5.9
2028			5.3
2029			4.9
2030			4.7
Thereafter			60.4
Total estimated future amortization expense			$	87.3

Goodwill

Changes in the carrying amount of goodwill by reportable operating segment (in millions):

			North America						International						Channel Development						Corporate and Other						Total
Goodwill balance at October 1, 2023			$	491.5					$	2,691.1					$	34.7					$	1.0					$	3,218.3
Other (1)			—						97.4						—						—						97.4
Goodwill balance at September 29, 2024			$	491.5					$	2,788.5					$	34.7					$	1.0					$	3,315.7
Acquisition(2)									105.7																		105.7
Other (1)			(0.9)						(51.6)						—						—						(52.5)
Goodwill balance at September 28, 2025			$	490.6					$	2,842.6					$	34.7					$	1.0					$	3,368.9

(1)“Other” consists of changes in the goodwill balance resulting from foreign currency translation.

(2)Additions to goodwill include the acquisition of 23.5 Degrees Topco Limited in the first quarter of fiscal 2025.

During the fiscal year ended September 28, 2025, we completed our annual goodwill impairment analysis. The results of our analysis indicated significant excess fair values over carrying values across the different reporting units, and therefore no goodwill impairment was recorded

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- References

No definition available.

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- Definition

The entire disclosure for goodwill and intangible assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-20/tableOfContent

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