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Borrowings and Credit Arrangements (Tables)
12 Months Ended
Sep. 27, 2025
Debt Disclosure [Abstract]  
Company's Borrowings and Interest Expense
The Company’s borrowings consisted of the following: 
September 27,
2025
September 28,
2024
Current debt obligations, net of debt discount and deferred issuance costs:
Term Loan$2.9 $37.5 
Total current debt obligations$2.9 $37.5 
Long-term debt obligations, net of debt discount and issuance costs:
Term Loan1,163.8 1,158.7 
2028 Senior Notes398.3 397.6 
2029 Senior Notes942.9 940.8 
Total long-term debt obligations2,505.0 2,497.1 
Total debt obligations$2,507.9 $2,534.6 
Interest expense for the 2029 Senior Notes and 2028 Senior Notes was as follows:
Years Ended
September 27, 2025September 28, 2024September 30, 2023
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 Notes3.250 %$32.9 $2.1 $32.9 $2.1 $33.5 $2.1 
2028 Senior Notes4.625 %19.2 0.7 19.2 0.7 19.5 0.7 
Total$52.1 $2.8 $52.1 $2.8 $53.0 $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 27, 2025 was as follows:
202620272028202920302031 and Thereafter Total
Term Loan$2.9 $16.1 $29.2 $36.5 $1,084.3 $— $1,169.0 
2028 Senior Notes— — 400.0 — — — 400.0 
2029 Senior Notes— — — 950.0 — — 950.0 
$2.9 $16.1 $429.2 $986.5 $1,084.3 $— $2,519.0 
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 2025 Credit Agreement and the 2021 Credit Agreement were as follows:
Years Ended
September 27, 2025September 28, 2024September 30, 2023
Interest expense(1)
$71.2 $85.8 $92.4 
Non-cash interest expense$2.1 $2.2 $2.3 
Weighted average interest rate5.47 %6.39 %5.84 %
Interest rate at end of period5.26 %5.96 %6.42 %
(1) Interest expense includes non-cash interest expense related to the amortization of the deferred issuance costs and accretion of the debt discount, but does not include amounts received under interest rate swap agreements.