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Borrowings and Credit Arrangements (Tables)
 12 Months Ended
Sep. 29, 2018
Debt Disclosure [Abstract]  
Company's Borrowings and Interest Expense
The Company’s borrowings consisted of the following: 
 
September 29,
2018
 
September 30,
2017
Current debt obligations, net of debt discount and deferred issuance costs:
 
 
 
Term Loan
$
74.7

 
$
121.3

Revolver
300.0

 
345.0

Securitization Program
225.0

 
200.0

Convertible Notes
—

 
484.5

Total current debt obligations
599.7

 
1,150.8

Long-term debt obligations, net of debt discount and issuance costs:
 
 
 
Term Loan
1,376.3

 
1,190.5

2022 Senior Notes
—

 
981.6

2025 Senior Notes
935.2

 
—

2028 Senior Notes
393.1

 
—

Total long-term debt obligations
2,704.6

 
2,172.1

Total debt obligations
$
3,304.3

 
$
3,322.9

Interest expense for the 2028 Senior Notes, 2025 Senior Notes and 2022 Senior Notes is as follows:
 
 
 
September 29, 2018
 
September 30, 2017
 
September 24, 2016
 
Interest Rate
 
Interest Expense (1)
Non-Cash Interest Expense
 
Interest Expense (1)
Non-Cash Interest Expense
 
Interest Expense (1)
Non-Cash Interest Expense
2028 Senior Notes
4.625
%
 
$
13.3

$
0.5

 
$
—

$
—

 
$
—

$
—

2025 Senior Notes
4.375
%
 
34.7

1.6

 
—

—

 
—

—

2022 Senior Notes
5.250
%
 
21.2

1.5

 
57.3

3.9

 
56.0

3.8

Total
 
 
$
69.2

$
3.6

 
$
57.3

$
3.9

 
$
56.0

$
3.8

(1) Interest expense includes non-cash interest expense related to the amortization of the deferred issuance costs and accretion of the debt discount.
Schedule of Credit Agreements
Interest expense, non-cash interest expense, weighted average interest rate, and interest rate at the end of period under the Amended and Restated Credit Agreement, in fiscal 2018, and Prior Credit Agreement, in fiscal 2017 and 2016, is as follows: 
 
September 29, 2018
September 30, 2017
September 24, 2016
Interest expense (1)
$
60.8

$
42.3

$
40.4

Non-cash interest expense
$
2.6

$
4.2

$
4.4

Weighted average interest rate
3.23
%
2.39
%
2.08
%
Interest rate at end of period
3.74
%
2.73
%
2.05
%

(1) Interest expense includes non-cash interest expense related to the amortization of the deferred issuance costs and accretion of the debt discount.
Schedule Of Long Term Debt By Maturity Table
The debt maturity schedule for the Company’s obligations as of September 29, 2018 is as follows:
 
 
 
2019
 
2020
 
2021
 
2022
 
2023
 
2024 and Thereafter
 
Total
Term Loan
 
$
75.0

 
$
75.0

 
$
112.5

 
$
150.0

 
$
1,050.0

 
$
—

 
$
1,462.5

Revolver
 
300.0

 
—

 
—

 
—

 
—

 
—

 
300.0

Securitization Program
 
225.0

 
—

 
—

 
—

 
—

 
—

 
225.0

2025 Senior Notes
 
—

 
—

 
—

 
—

 
—

 
950.0

 
950.0

2028 Senior Notes
 
—

 
—

 
—

 
—

 
—

 
400.0

 
400.0

 
 
$
600.0


$
75.0


$
112.5


$
150.0


$
1,050.0

 
$
1,350.0


$
3,337.5

 
Schedule Of Convertible Notes And Related Equity Components Recorded In Capital In Excess Of Par Value Net Of Deferred Taxes Table
As of September 29, 2018 the Convertible Notes were fully settled and for September 30, 2017, the Convertible Notes and related equity components (recorded in additional paid-in-capital, net of deferred taxes) consisted of the following: 
 
 
2017
2012 Notes principal amount
 
$
245.4

Unamortized discount and issuance costs
 
(1.9
)
Net carrying amount
 
$
243.5

Equity component, net of taxes
 
$
24.1

2013 Notes principal amount
 
$
202.0

Principal accretion
 
40.8

Unamortized discount and issuance costs
 
(1.8
)
Net carrying amount
 
$
241.0

Equity component, net of taxes
 
$
71.8
Interest Expense under Convertible Notes


Interest expense under the Convertible Notes is as follows: 
 
Years Ended
 
September 29,
2018
 
September 30,
2017
 
September 24,
2016
Amortization of debt discount
$
3.5

 
$
17.9

 
$
22.3

Amortization of deferred financing costs
0.2

 
0.8

 
1.1

Principal accretion
1.6

 
15.6

 
16.6

Non-cash interest expense
5.3

 
34.3

 
40.0

2.00% accrued interest (cash)
1.8

 
6.7

 
10.0

 
$
7.1

 
$
41.0

 
$
50.0