XML 40 R26.htm IDEA: XBRL DOCUMENT v3.24.0.1
DEBT (Tables)
3 Months Ended
Dec. 30, 2023
Debt Disclosure [Abstract]  
Components of Long-Term Debt
The components of debt are as follows:
December 30,
2023
December 31,
2022
September 30,
2023
Credit Facilities:
Revolving loans$511.2 $681.5 $88.3 
Term loans912.5 962.5 925.0 
Senior Notes due 2031 – 4.000%
500.0 500.0 500.0 
Senior Notes due 2032 – 4.375%
400.0 400.0 400.0 
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— 161.0 — 
Finance lease obligations17.3 18.5 16.9 
Other2.5 3.8 0.4 
Total debt3,043.5 3,427.3 2,630.6 
Less current portions54.5 216.8 52.3 
Less unamortized debt issuance costs20.0 20.9 20.9 
Long-term debt$2,969.0 $3,189.6 $2,557.4 
Schedule of Interest Rate Swap Agreements The notional amount, effective date, expiration date and rate of each of the swap agreements outstanding at December 30, 2023 are shown in the table below:
Notional
Amount ($)
 Effective
Date (a)
Expiration
Date
Fixed
Rate
200 
(b)
1/20/20226/20/20240.49 %
200 6/7/20236/8/20260.80 %
150 6/7/20234/7/20273.37 %
50 6/7/20234/7/20273.34 %
100 
(b)
11/20/20233/22/20274.74 %
(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.