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Borrowings and Credit Arrangements (Tables) | 12 Months Ended
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Sep. 28, 2024
Debt Disclosure [Abstract] |
Company's Borrowings and Interest Expense | The Company’s borrowings consisted of the following:
| September 28, 2024 |  | September 30, 2023
Current debt obligations, net of debt discount and deferred issuance costs: |  |  |
Term Loan | $ | 37.5 |  |  | $ | 287.0 |
Total current debt obligations | $ | 37.5 |  |  | $ | 287.0 |
Long-term debt obligations, net of debt discount and issuance costs: |  |  |
Term Loan | 1,158.7 |  |  | 1,195.6 |
2028 Senior Notes | 397.6 |  |  | 396.8 |
2029 Senior Notes | 940.8 |  |  | 938.8 |
Total long-term debt obligations | 2,497.1 |  |  | 2,531.2 |
Total debt obligations | $ | 2,534.6 |  |  | $ | 2,818.2 |
Interest expense for the 2029 Senior Notes and 2028 Senior Notes was as follows:
|  |  | Years Ended
|  |  | September 28, 2024 |  | September 30, 2023 |  | September 24, 2022
| Interest Rate |  | Interest Expense(1) | Non-Cash Interest Expense |  | Interest Expense (1) | Non-Cash Interest Expense |  | Interest Expense(1) | Non-Cash Interest Expense
2029 Senior Notes | 3.250 | % |  | $ | 32.9 |  | $ | 2.1 |  |  | $ | 33.5 |  | $ | 2.1 |  |  | $ | 32.9 |  | $ | 2.1 |
2028 Senior Notes | 4.625 | % |  | 19.2 |  | 0.7 |  |  | 19.5 |  | 0.7 |  |  | 19.2 |  | 0.7 |
Total |  |  | $ | 52.1 |  | $ | 2.8 |  |  | $ | 53.0 |  | $ | 2.8 |  |  | $ | 52.1 |  | $ | 2.8 |
(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 Long Term Debt By Maturity Table | The debt maturity schedule for the Company’s obligations as of September 28, 2024 was as follows:
|  | 2025 |  | 2026 |  | 2027 |  | 2028 |  | 2029 |  | 2030 and Thereafter |  | Total
Term Loan |  | $ | 37.5 |  |  | $ | 1,160.0 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,197.5 |
2028 Senior Notes |  | — |  |  | — |  |  | — |  |  | 400.0 |  |  | — |  |  | — |  |  | 400.0 |
2029 Senior Notes |  | — |  |  | — |  |  | — |  |  | — |  |  | 950.0 |  |  | — |  |  | 950.0 |
|  | $ | 37.5 |  |  | $ | 1,160.0 |  |  | $ | — |  |  | $ | 400.0 |  |  | $ | 950.0 |  |  | $ | — |  |  | $ | 2,547.5 |
Interest Income and Interest Expense Disclosure | Interest expense, non-cash interest expense, the weighted average interest rate, and the interest rate at the end of period under the 2021 Credit Agreement were as follows:
| Years Ended
| September 28, 2024 | September 30, 2023 | September 24, 2022
Interest expense(1) | $ | 85.8 |  | $ | 92.4 |  | $ | 31.8 |
Non-cash interest expense | $ | 2.2 |  | $ | 2.3 |  | $ | 2.2 |
Weighted average interest rate | 6.39 | % | 5.84 | % | 1.74 | %
Interest rate at end of period | 5.96 | % | 6.42 | % | 4.18 | %
(1) Interest expense includes non-cash interest expense related to the amortization of the deferred issuance costs and accretion of the debt discount.

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