v3.22.4
FINANCIAL DERIVATIVES AND HEDGING ACTIVITIES (Tables)
 3 Months Ended
Dec. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments As of December 30, 2022, the Company had the following outstanding derivatives designated as net investment hedging instruments:
(In millions, except number of instruments)Number of InstrumentsNotional Value
Cross currency swap contracts2$58.7 
Schedule of Net Investment Hedges The following table summarizes the amount of pre-tax income recognized from derivative instruments for the periods indicated and the line items in the accompanying statements of operations where the results are recorded for net investment hedges:
Amount of (Loss) Gain Recognized in OCI on Derivative
Three Months Ended		Location of Gain Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)Amount of Gain Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)
Three Months Ended
(In millions)December 30, 2022December 31, 2021December 30, 2022December 31, 2021
Cross currency swap contracts$(4.0)$0.8 Interest expense$0.2 $0.3 
    These derivative instruments are subject to master netting agreements giving effect to rights of offset with each counterparty. None of the balances were eligible for netting. The following table summarizes the gross fair values of derivative instruments as of the periods indicated and the line items in the accompanying Condensed Consolidated Balance Sheets where the instruments are recorded:
(In millions)Derivative Assets and Liabilities
Derivatives Designated as Net Investment HedgesBalance Sheet LocationDecember 30, 2022September 30, 2022
Cross currency swap contractsPrepaid expenses and other current assets$1.1 $1.2 
Cross currency swap contractsOther assets— 6.3 
Cross currency swap contractsOther long-term liabilities$4.7 $—