XML 43 R33.htm IDEA: XBRL DOCUMENT v3.22.1

Borrowings and Credit Arrangements (Tables)

6 Months Ended

Mar. 26, 2022

Debt Disclosure [Abstract]

Company's Borrowings

The Company’s borrowings consisted of the following: 

			March 26, 2022						September 25, 2021
Current debt obligations, net of debt discount and deferred issuance costs:
Term Loan			$	7.5					$	—
Securitization Program			248.5						248.5
Other			0.2						64.5
Total current debt obligations			$	256.2					$	313.0
Long-term debt obligations, net of debt discount and issuance costs:
Term Loan			1,482.1						1,382.3
2028 Senior Notes			395.7						395.4
2029 Senior Notes			935.6						934.5
Total long-term debt obligations			$	2,813.4					$	2,712.2
Total debt obligations			$	3,069.6					$	3,025.2

Schedule of Line of Credit Facilities

Interest expense, weighted average interest rates, and the interest rate at the end of period under the 2021 and 2018 Credit Agreements were as follows: 

			Three Months Ended												Six Months Ended
			March 26, 2022						March 27, 2021						March 26, 2022						March 27, 2021
Interest expense			$	5.7					$	5.3					$	11.0					$	11.8
Weighted average interest rate			1.13		%				1.12		%				1.11		%				1.17		%
Interest rate at end of period			1.46		%				1.11		%				1.46		%				1.11		%

Schedule Of Interest Expense Under Convertible Notes

Interest expense for the 2029 Senior Notes, 2028 Senior Notes and 2025 Senior Notes was as follows:

									Three Months Ended												Six Months Ended
			Interest Rate						March 26, 2022						March 27, 2021						March 26, 2022						March 27, 2021
2025 Senior Notes			4.375		%				$	—					$	—					$	—					$	2.3
2028 Senior Notes			4.625		%				4.8						4.8						9.6						9.6
2029 Senior Notes			3.250		%				8.2						8.3						16.4						16.3
Total									$	13.0					$	13.1					$	26.0					$	28.2

X

- Definition

Schedule of interest expense under convertible notes.

+ References

No definition available.

+ Details

Name:	holx_ScheduleOfInterestExpenseUnderConvertibleNotesTableTextBlock
Namespace Prefix:	holx_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration