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Borrowings and Credit Arrangements (Tables) | 12 Months Ended
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Sep. 26, 2020
Debt Disclosure [Abstract] |
Company's Borrowings and Interest Expense | The Company’s borrowings consisted of the following:
| September 26, 2020 |  | September 28, 2019
Current debt obligations, net of debt discount and deferred issuance costs: |  |  |
Term Loan | $ | 74.9 |  |  | $ | 37.4 |
Revolver | 250.0 |  |  | — |
Securitization Program | — |  |  | 234.0 |
Total current debt obligations | 324.9 |  |  | 271.4 |
Long-term debt obligations, net of debt discount and issuance costs: |  |  |
Term Loan | 1,379.9 |  |  | 1,452.4 |
2025 Senior Notes | 939.4 |  |  | 937.3 |
2028 Senior Notes | 394.6 |  |  | 393.9 |
Total long-term debt obligations | 2,713.9 |  |  | 2,783.6 |
Total debt obligations | $ | 3,038.8 |  |  | $ | 3,055.0 |
Interest expense for the 2028 Senior Notes, 2025 Senior Notes and 2022 Senior Notes is as follows:
|  |  | Years Ended
|  |  | September 26, 2020 |  | September 28, 2019 |  | September 29, 2018
| 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 | % |  | $ | 19.2 |  | $ | 0.7 |  |  | $ | 19.2 |  | $ | 0.7 |  |  | $ | 13.3 |  | $ | 0.5 |
2025 Senior Notes | 4.375 | % |  | 43.5 |  | 2.1 |  |  | 43.5 |  | 2.1 |  |  | 34.7 |  | 1.6 |
2022 Senior Notes | 5.250 | % |  | — |  | — |  |  | — |  | — |  |  | 21.2 |  | 1.5 |
Total |  |  | $ | 62.7 |  | $ | 2.8 |  |  | $ | 62.7 |  | $ | 2.8 |  |  | $ | 69.2 |  | $ | 3.6 |
(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 26, 2020 was as follows:
|  | 2021 |  | 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026 and Thereafter |  | Total
Term Loan |  | $ | 75.0 |  |  | $ | 75.0 |  |  | $ | 112.5 |  |  | $ | 1,200.0 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,462.5 |
Revolver |  | 250.0 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 250.0 |
2025 Senior Notes |  | — |  |  | — |  |  | — |  |  | — |  |  | 950.0 |  |  | — |  |  | 950.0 |
2028 Senior Notes |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 400.0 |  |  | 400.0 |
|  | $ | 325.0 |  |  | $ | 75.0 |  |  | $ | 112.5 |  |  | $ | 1,200.0 |  |  | $ | 950.0 |  |  | $ | 400.0 |  |  | $ | 3,062.5 |
Schedule of Credit Agreements | Interest expense, non-cash interest expense, the weighted average interest rate, and the interest rate at the end of period under the 2018 Credit Agreement, the 2017 Credit Agreement and the Prior Credit Agreement was as follows:
| Years Ended
| September 26, 2020 | September 28, 2019 | September 29, 2018
Interest expense (1) | $ | 46.6 |  | $ | 67.0 |  | $ | 60.8 |
Non-cash interest expense | $ | 2.5 |  | $ | 2.6 |  | $ | 2.6 |
Weighted average interest rate | 2.25 | % | 3.79 | % | 3.23 | %
Interest rate at end of period | 1.40 | % | 3.43 | % | 3.74 | %
(1) Interest expense includes non-cash interest expense related to the amortization of the deferred issuance costs and accretion of the debt discount.
Interest Expense under Convertible Notes | Interest expense under the Convertible Notes was as follows:
|  |  |  |  | Year Ended
|  |  |  |  | September 29, 2018
Amortization of debt discount |  |  |  |  | $ | 3.5 |
Amortization of deferred financing costs |  |  |  |  | 0.2 |
Principal accretion |  |  |  |  | 1.6 |
Non-cash interest expense |  |  |  |  | 5.3 |
2.00% accrued interest (cash) |  |  |  |  | 1.8 |
|  |  |  |  | $ | 7.1 |

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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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