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DEBT (Tables)

9 Months Ended

Jul. 02, 2022

Debt Disclosure [Abstract]

Components of Long-Term Debt

The components of debt are as follows:

			July 2, 2022						July 3, 2021						September 30, 2021
Credit Facilities:
Revolving loans			$	617.4					$	278.8					$	—
Term loans			987.5						680.0						670.0
Senior Notes due 2031 – 4.000%			500.0						500.0						500.0
Senior Notes due 2032 – 4.375%			400.0						—						400.0
Senior Notes due 2029 – 4.500%			450.0						450.0						450.0
Senior Notes due 2026 – 5.250%			250.0						250.0						250.0
Receivables facility			250.0						—						—
Finance lease obligations			29.3						34.5						33.4
Other			15.9						7.9						11.9
Total debt			3,500.1						2,201.2						2,315.3
Less current portions			322.0						53.7						57.8
Less unamortized debt issuance costs			22.5						15.5						20.8
Long-term debt			$	3,155.6					$	2,132.0					$	2,236.7

Schedule of Interest Rate Swap Agreements

The notional amount, effective date, expiration date and rate of each of the swap agreements outstanding at July 2, 2022 are shown in the table below:

Notional Amount						Effective Date (a)						Expiration Date						Fixed Rate
100						12/21/2020						6/20/2023						1.36		%
300			(b)			1/7/2021						6/7/2023						1.34		%
200						10/7/2021						6/7/2023						1.37		%
200			(b)			1/20/2022						6/20/2024						0.58		%
200						6/7/2023						6/8/2026						0.85		%

(a)The effective date refers to the date on which interest payments are first hedged by the applicable swap agreement.

(b)Notional amount adjusts in accordance with a specified seasonal schedule. This represents the maximum notional amount at any point in time.

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