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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Apr. 04, 2021
Mar. 29, 2020
Cash flows from operating activities    
Net income (loss) $ 108.6 $ (92.6)
(Loss) income from discontinued operations, net of tax (1.4) 4.3
Net income (loss) from continuing operations 110.0 (96.9)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 74.4 78.0
Share based compensation 16.0 26.0
(Gain) loss on equity investments (6.9) 68.3
Loss on assets held for sale 0.0 25.7
Write-off from impairment of intangible assets 0.0 24.2
Amortization of debt issuance costs and debt discount 2.9 3.2
Write-off of unamortized discount and debt issuance costs 7.9 1.1
Inventory acquisition step-up 3.4 0.0
Deferred tax expense 3.8 22.0
Net changes in operating assets and liabilities (275.4) (336.2)
Net cash used by operating activities from continuing operations (63.9) (184.6)
Net cash used by operating activities from discontinued operations (15.9) 0.0
Net cash used by operating activities (79.8) (184.6)
Cash flows from investing activities    
Purchases of property, plant and equipment (28.1) (31.7)
Proceeds from disposal of property, plant and equipment 0.0 0.6
Business acquisitions, net of cash acquired (129.8) (17.0)
Proceeds from sale of equity investment 73.1 28.6
Other investing activity (0.3) 2.5
Net cash used by investing activities (85.1) (17.0)
Cash flows from financing activities    
Payment of debt, including premium on extinguishment (880.3) (130.0)
Proceeds from issuance of debt 899.0 780.0
Payment of debt issuance costs (12.6) (0.8)
Payment of contingent consideration 0.0 (197.0)
Treasury stock purchases (42.3) (239.8)
Accelerated share repurchase 0.0 (125.0)
Dividends paid to shareholders (35.7) (39.1)
Dividends paid by subsidiary to non-controlling interest (1.3) 0.0
Share based award tax withholding payments, net of proceeds upon vesting (7.2) (12.6)
Other financing activities, net 0.3 0.0
Net cash (used) provided by financing activities (80.1) 35.7
Effect of exchange rate changes on cash and cash equivalents 3.4 (0.5)
Net change in cash, cash equivalents and restricted cash in continuing operations (241.6) (166.4)
Cash, cash equivalents, and restricted cash, beginning of period 533.8 627.1
Cash, cash equivalents, and restricted cash, end of period 292.2 460.7
Supplemental disclosure of cash flow information    
Cash paid for interest 95.0 57.5
Cash paid for taxes 20.1 30.8
Non cash investing activities    
Acquisition of property, plant and equipment through finance leases 0.6 3.0
Non cash financing activities    
Issuance of shares through stock compensation plan 16.6 39.1
SB/RH    
Cash flows from operating activities    
Net income (loss) 109.6 (89.2)
(Loss) income from discontinued operations, net of tax (1.4) 4.3
Net income (loss) from continuing operations 111.0 (93.5)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 74.4 78.0
Share based compensation 15.5 25.4
(Gain) loss on equity investments (6.9) 68.3
Loss on assets held for sale 0.0 25.7
Write-off from impairment of intangible assets 0.0 24.2
Amortization of debt issuance costs and debt discount 2.9 2.7
Write-off of unamortized discount and debt issuance costs 7.9 1.1
Inventory acquisition step-up 3.4 0.0
Deferred tax expense 4.0 20.3
Net changes in operating assets and liabilities (282.5) (547.5)
Net cash used by operating activities from continuing operations (70.3) (395.3)
Net cash used by operating activities from discontinued operations (15.9) 0.0
Net cash used by operating activities (86.2) (395.3)
Cash flows from investing activities    
Purchases of property, plant and equipment (28.1) (31.7)
Proceeds from disposal of property, plant and equipment 0.0 0.6
Business acquisitions, net of cash acquired (129.8) (17.0)
Proceeds from sale of equity investment 73.1 28.6
Other investing activity (0.3) 2.5
Net cash used by investing activities from continuing operations (85.1) (17.0)
Net cash used by investing activities from discontinued operations 0.0 0.0
Net cash used by investing activities (85.1) (17.0)
Cash flows from financing activities    
Payment of debt, including premium on extinguishment (880.3) (130.0)
Proceeds from issuance of debt 899.0 780.0
Payment of debt issuance costs (12.6) (0.8)
Payment of contingent consideration 0.0 (197.0)
Payment of cash dividends to parent (76.2) (204.9)
Net cash (used) provided by financing activities from continuing operations (71.4) 247.3
Net cash used by financing activities from discontinued operations 0.0 0.0
Net cash (used) provided by financing activities (71.4) 247.3
Effect of exchange rate changes on cash and cash equivalents 3.4 (0.5)
Net change in cash, cash equivalents and restricted cash in continuing operations (239.3) (165.5)
Cash, cash equivalents, and restricted cash, beginning of period 529.8 621.9
Cash, cash equivalents, and restricted cash, end of period 290.5 456.4
Supplemental disclosure of cash flow information    
Cash paid for interest 95.0 57.5
Cash paid for taxes 20.1 30.8
Non cash investing activities    
Acquisition of property, plant and equipment through finance leases $ 0.6 $ 3.0