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Fair Value Measurements (Tables)
 9 Months Ended
Jun. 29, 2024
Fair Value Disclosures [Abstract]  
Fair Value Assets and Liabilities Measured on Recurring Basis
  Fair Value at Reporting Date Using
 
Fair Value
Quoted Prices in
Active Market for
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs (Level 2)		Significant
Unobservable
Inputs (Level 3)
June 29, 2024
Assets:
Money market mutual funds
$371.2 $371.2 $— $— 
U.S. Treasury bills
398.1 398.1 — — 
Commercial paper
49.5 49.5 — — 
Interest rate swaps14.7 — 14.7 — 
Forward foreign currency contracts2.6 — 2.6 — 
Total$836.1 $818.8 $17.3 $— 
Liabilities:
Contingent consideration$1.1 $— $— $1.1 
Forward foreign currency contracts0.4 — 0.4 — 
Total$1.5 $— $0.4 $1.1 
September 30, 2023
Assets:
Interest rate swaps$26.9 $— $26.9 $— 
Forward foreign currency contracts8.4 — 8.4 — 
Total$35.3 $— $35.3 $— 
Liabilities:
Contingent consideration$2.0 $— $— $2.0 
Total$2.0 $— $— $2.0 

Liabilities Measured and Recorded at Fair Value on a Recurring Basis

Changes in the fair value of recurring fair value measurements using significant unobservable inputs (Level 3), which solely consisted of contingent consideration liabilities, during the three and nine month periods ended June 29, 2024 and July 1, 2023 were as follows:

Three Months Ended
Nine Months Ended
June 29, 2024July 1, 2023June 29, 2024July 1, 2023
Balance at beginning of period$1.1 $3.4 $2.0 $23.4 
Contingent consideration recorded at acquisition— 1.1 — 1.1 
Fair value adjustments— — 1.7 (12.4)
Payments— — (2.6)(7.6)
Balance at end of period$1.1 $4.5 $1.1 $4.5 
Schedule of Cash and Cash Equivalents
The Company’s cash and cash equivalents, including current marketable securities, as of June 29, 2024 are as follows:

Valuation
Balance Sheet Classification
in millions
Cost
Unrealized Gains
Unrealized Losses
Fair Value
Cash and cash equivalents
Investments
Cash
$1,620.3 $— $— $1,620.3 $1,620.3 $— 
Money market mutual funds
371.2 — — 371.2 371.2 — 
U.S. Treasury bills
398.1 — — 398.1 398.1 — 
Commercial paper
49.5 — — 49.5 49.5 — 
Total
$2,439.1 $— $— $2,439.1 $2,439.1 $— 
Debt Securities, Available-for-Sale
The fair value of the available-for-sale securities by contractual maturity as of June 29, 2024 and September 30, 2023 are as follows:
June 29, 2024September 30, 2023
in millions
Fair Value
Fair Value
Due in three months or less
$447.6 $— 
Total available-for-sale securities
$447.6 $—