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DERIVATIVES (Tables)
6 Months Ended
Mar. 29, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Outstanding Notional Balances and Maturities of Derivative Instruments
The following summarizes outstanding notional balances and maturities of derivative instruments as of March 29, 2026 and September 30, 2025.
March 29, 2026September 30, 2025
(in millions)Notional BalanceMaturities thruNotional BalanceMaturities thru
Foreign exchange contracts - cash flow hedges$339.0 September 2027$333.5 March 2027
Foreign exchange contracts - not designated as hedge101.8 April 2026447.7 October 2025
Schedule of Fair Value of Outstanding Derivative Instruments
The following summarizes the fair value and location of outstanding derivative instruments in the Condensed Consolidated Statements of Financial Position.
(in millions)Line ItemMarch 29, 2026September 30, 2025
Derivative Assets
Foreign exchange contracts – cash flow hedgesOther receivables$0.6 $0.6 
Foreign exchange contracts – cash flow hedgesDeferred charges and other0.1 0.1 
Foreign exchange contracts – not designated as hedgeOther receivables0.1 0.1 
Total Derivative Assets$0.8 $0.8 
Derivative Liabilities
Foreign exchange contracts – cash flow hedgesAccounts payable$4.4 $8.8 
Foreign exchange contracts – cash flow hedgesOther long term liabilities0.1 0.1 
Foreign exchange contracts – not designated as hedgeAccounts payable— 0.7 
Total Derivative Liabilities$4.5 $9.6 
Schedule of Pre-Tax Gain (Loss) from Derivative Instruments and Location in Condensed Consolidated Statements of Income
The following summarizes the pre-tax (loss) gain from derivative instruments and location in the Condensed Consolidated Statements of Income for the three and six month periods ended March 29, 2026 and March 30, 2025, respectively.
Three Month Periods EndedSix Month Periods Ended
(in millions)Line ItemMarch 29, 2026March 30, 2025March 29, 2026March 30, 2025
Foreign exchange contracts - cash flow hedgesNet sales$0.1 $— $0.1 $— 
Foreign exchange contracts - cash flow hedges (effective portion)Cost of goods sold(3.4)1.2 (5.7)0.5 
Foreign exchange contracts - cash flow hedges (ineffective portion)
Cost of goods sold(1.2)— (3.2)— 
Foreign exchange contracts - not designated as hedgeOther non-operating (income) expense, net(0.3)8.7 (0.7)5.4