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SHAREHOLDERS' EQUITY
9 Months Ended
Jun. 29, 2025
Equity [Abstract]  
SHAREHOLDERS' EQUITY SHAREHOLDERS' EQUITY
The following summarizes the activity of common stock repurchases for the three and nine month periods ended June 29, 2025 and June 30, 2024.
June 29, 2025June 30, 2024
Three Month Periods Ended
(in millions except per share data)
Number of Shares RepurchasedAverage Price Per ShareAmountNumber of Shares RepurchasedAverage Price Per ShareAmount
Open Market Purchases0.9 $59.88 $54.4 1.1 $86.22 $92.2 
Private Purchases— $— — 0.5 93.74 50.0 
Total Purchases0.9 $59.88 $54.4 1.6 $88.72 $142.2 
June 29, 2025June 30, 2024
Nine Month Periods Ended
(in millions except per share data)
Number of Shares RepurchasedAverage Price Per ShareAmountNumber of Shares RepurchasedAverage Price Per ShareAmount
Open Market Purchases3.7 $78.30 $287.2 5.6 $77.48 $432.7 
Private Purchases— $— — 0.5 93.74 50.0 
ASR— — — 1.3 65.84 83.2 
Total Purchases3.7 $78.30 $287.2 7.4 $76.66 $565.9 
In December 2024, the Company entered into a $150.0 million rule 10b5-1 repurchase plan to facilitate daily market share repurchases through December 16, 2025, until the cap is reached or until the plan is terminated. This plan reached its cap and was terminated in February 2025 with a total of 1.8 million shares repurchased for $150.0 million, which are included in the open market purchases above.
In March 2025, the Company entered into a new rule 10b5-1 repurchase plan for $50.0 million to facilitate daily market share repurchases through November 14, 2025, until the cap is reached or until the plan is terminated. This plan reached its cap and was terminated in June 2025 with a total of 0.8 million shares repurchased for $50.0 million, which are included in the open market purchases above.
In June 2025, the Company entered into a new rule 10b5-1 repurchase plan for $50.0 million to facilitate daily market share repurchases through February 13, 2026, until the cap is reached or until the plan is terminated. As of June 29, 2025, there has been $6.0 million repurchased pursuant to the new 10b5-1 repurchase plan, which are included in the open market purchases above.