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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Cash flows from operating activities    
Net income $ 96.0 $ 1,785.5
(Loss) income from discontinued operations, net of tax 9.6 2,072.7
Net income (loss) from continuing operations 86.4 (287.2)
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by operating activities from continuing operations:    
Depreciation 42.9 36.2
Amortization 33.4 31.4
Share based compensation 12.9 12.5
Impairment of goodwill 0.0 111.1
Impairment of intangible assets 43.0 120.7
Impairment of property, plant and equipment and operating lease assets 5.6 8.1
Gain on sale of property, plant and equipment 0.0 (2.7)
Loss (gain) from early extinguishment of debt (2.7) 8.6
Non-cash purchase accounting adjustments 1.1 1.4
Amortization of debt issuance costs and debt discount 3.0 5.9
Gain from remeasurement of contingent consideration liability 0.0 (1.5)
Deferred tax benefit 3.3 (120.7)
Net changes in operating assets and liabilities (50.5) 148.7
Net cash provided by operating activities from continuing operations 178.4 72.5
Net cash (used) provided by operating activities from discontinued operations (96.5) 31.8
Net cash provided by operating activities 81.9 104.3
Cash flows from investing activities    
Purchases of property, plant and equipment (31.0) (44.3)
Proceeds from disposal of property, plant and equipment 0.0 3.0
Proceeds from sale of discontinued operations, net of cash 0.0 4,334.7
Purchases of short term investments (849.3) 0.0
Proceeds from sale of short term investments 1,792.0 0.0
Purchase price settlement from sale of the HHI business (26.9) 0.0
Other investing activity 0.2 (0.1)
Net cash provided by investing activities from continuing operations 885.0 4,293.3
Net cash used by investing activities from discontinued operations 0.0 (11.8)
Net cash provided by investing activities 885.0 4,281.5
Cash flows from financing activities    
Payment of debt and debt premium (1,346.7) (1,141.1)
Proceeds from issuance of debt 350.0 0.0
Payment of debt issuance costs (15.0) (2.3)
Premium on capped call transactions (25.2) 0.0
Treasury stock purchases (482.7) 0.0
Accelerated share repurchase 0.0 (500.0)
Dividends paid to shareholders (38.8) (51.6)
Share based award tax withholding payments, net of proceeds upon vesting (5.5) (11.3)
Net cash used by financing activities from continuing operations (1,563.9) (1,706.3)
Net cash used by financing activities from discontinued operations 0.0 (0.8)
Net cash used by financing activities (1,563.9) (1,707.1)
Effect of exchange rate changes on cash and cash equivalents 0.8 7.8
Net change in cash, cash equivalents and restricted cash in continuing operations (596.2) 2,686.5
Cash, cash equivalents, and restricted cash, beginning of period 753.9 243.7
Cash, cash equivalents, and restricted cash, end of period 157.7 2,930.2
Non cash investing activities    
Acquisition of property, plant and equipment through finance leases 3.2 2.6
Non cash financing activities    
Issuance of shares through stock compensation plan 14.0 13.9
Continuing Operations    
Supplemental disclosure of cash flow information    
Cash paid for interest associated with operations 66.7 89.2
Cash paid for taxes associated with operations 22.3 21.6
Discontinued Operations    
Supplemental disclosure of cash flow information    
Cash paid for interest associated with operations 0.0 45.3
Cash paid for taxes associated with operations $ 59.1 $ 24.0