v3.22.4
Leases
 3 Months Ended
Jan. 01, 2023
Leases [Abstract]  
Leases Leases
The components of lease costs (in millions):
Quarter Ended
Jan 1, 2023Jan 2, 2022
Operating lease costs(1)
$384.8 $386.1 
Variable lease costs235.3 229.8 
Short-term lease costs7.0 7.1 
Total lease costs$627.1 $623.0 
(1)Includes immaterial amounts of sublease income and rent concessions.
The following table includes supplemental information (in millions):
Quarter Ended
Jan 1, 2023Jan 2, 2022
Cash paid related to operating lease liabilities$404.1 $410.0 
Operating lease liabilities arising from obtaining ROU assets367.3 346.8 
Jan 1, 2023Jan 2, 2022
Weighted-average remaining operating lease term8.5 years8.6 years
Weighted-average operating lease discount rate2.7 %2.5 %
Finance lease assets are recorded in property, plant and equipment, net with the corresponding lease liabilities included in accrued liabilities and other long-term liabilities on the consolidated balance sheet. There were no material finance leases as of January 1, 2023 and October 2, 2022.
Minimum future maturities of operating lease liabilities (in millions):
Fiscal YearTotal
2023 (excluding the quarter ended January 1, 2023)
$1,511.5 
20241,472.9 
20251,332.8 
20261,177.8 
2027975.4 
Thereafter3,600.2 
Total lease payments10,070.6 
Less imputed interest(1,177.7)
Total$8,892.9 
As of January 1, 2023, we have entered into operating leases that have not yet commenced of $1.2 billion, primarily related to real estate leases. These leases will commence between fiscal year 2023 and fiscal year 2028 with lease terms ranging from three to twenty years.