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Leases (Tables)
12 Months Ended
Sep. 28, 2024
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information
Supplemental balance sheet information related to the Company's leases was as follows:
Balance Sheet ClassificationSeptember 28, 2024September 30, 2023
(in millions)
Operating leases
Right-of-use assetsOperating lease right-of-use assets$205.1 $173.5 
Current lease liabilitiesCurrent operating lease liabilities$57.3 $50.6 
Non-current lease liabilitiesLong-term operating lease liabilities173.1 135.6 
Total operating lease liabilities$230.4 $186.2 
Finance leases
Right-of-use assetsProperty, plant and equipment, net$0.3 $0.1 
Current lease liabilitiesCurrent portion of long-term debt$0.1 $— 
Non-current lease liabilitiesLong-term debt0.2 — 
Total finance lease liabilities$0.3 $— 
Weighted-average remaining lease term and discount rate for the Company's leases were as follows:
September 28, 2024September 30, 2023
Weighted-average remaining lease term (in years):
Operating leases5.35.3
Finance leases2.94.4
Weighted-average discount rate:
Operating leases5.64 %3.85 %
Finance leases6.80 %6.89 %
Schedule of Supplemental Cash Flow and Other Information Related to Leases
Components of lease cost were as follows:
Fiscal Year Ended
September 28, 2024September 30, 2023
(in millions)
Operating lease cost$62.8 $58.0 
Finance lease cost:
   Amortization of right-of-use assets0.20.1
   Interest on lease liabilities— — 
Total finance lease cost$0.2 $0.1 
Short-term lease cost13.612.6
Variable lease cost10.610.6
Total lease cost$87.2 $81.3 
Supplemental cash flow information and non-cash activity related to the Company's leases was as follows:
Fiscal Year Ended
September 28, 2024September 30, 2023
(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$50.7 $50.1 
Operating cash flows from finance leases— — 
Financing cash flows from finance leases0.1 — 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$95.4 $42.8 
Finance leases— — 
Schedule of Operating Lease Maturity
Lease liability maturities as of September 28, 2024 are as follows:
September 28, 2024
Operating LeasesFinance Leases
Fiscal Year(in millions)
2025$65.0 $0.1 
202653.7 0.1 
202742.6 0.1 
202830.8 — 
202924.7 — 
Thereafter55.6 — 
Total future undiscounted lease payments$272.4 $0.3 
Less imputed interest(42.0)— 
Total reported lease liability$230.4 $0.3 
Schedule of Finance Leases Maturity
Lease liability maturities as of September 28, 2024 are as follows:
September 28, 2024
Operating LeasesFinance Leases
Fiscal Year(in millions)
2025$65.0 $0.1 
202653.7 0.1 
202742.6 0.1 
202830.8 — 
202924.7 — 
Thereafter55.6 — 
Total future undiscounted lease payments$272.4 $0.3 
Less imputed interest(42.0)— 
Total reported lease liability$230.4 $0.3