Restructuring and Related Activities (Tables)

9 Months Ended

Jun. 28, 2026

Restructuring and Related Activities [Abstract]

The tables below present the restructuring and impairment charges by fiscal year restructuring plans, reportable operating segment, and Corporate and Other (in millions):


Quarter Ended June 28, 2026	North America		International		Channel Development		Corporate and Other		Total
Fiscal 2025 Restructuring plans:
Disposal and impairment of store assets	$	4.9	$	(0.6)	$	—	$	—	$	4.3
Employee severance, separation and other costs	3.3		1.0		(0.2)		1.5		5.6
Amortization of ROU lease assets and other lease exit costs	(1.8)		1.9		—		—		0.1
Total costs	6.4		2.3		(0.2)		1.5		10.0
Fiscal 2026 Restructuring plans:
Disposal and impairment of store and non-retail facility assets	154.7		14.3		—		48.4		217.4
Employee severance, separation and other costs	10.7		24.5		—		37.4		72.6
Amortization of ROU lease assets and other lease exit costs	2.5		—		—		0.1		2.6
Total costs	167.9		38.8		—		85.9		292.6
Total Restructuring and impairment costs	$	174.3	$	41.1	$	(0.2)	$	87.4	$	302.6


Three Quarters Ended June 28, 2026	North America		International		Channel Development		Corporate and Other		Total
Fiscal 2025 Restructuring plans:
Disposal and impairment of store assets	$	43.9	$	(0.5)	$	—	$	—	$	43.4
Employee severance, separation and other costs	4.9		6.0		—		9.6		20.5
Amortization of ROU lease assets and other lease exit costs	2.9		49.1		—		—		52.0
Total costs	51.7		54.6		—		9.6		115.9
Fiscal 2026 Restructuring plans:
Disposal and impairment of store and non-retail facility assets	154.7		14.3		—		48.4		217.4
Employee severance, separation and other costs	10.7		24.5		—		44.7		79.9
Amortization of ROU lease assets and other lease exit costs	2.5		—		—		0.1		2.6
Total costs	167.9		38.8		—		93.2		299.9
Total Restructuring and impairment costs	$	219.6	$	93.4	$	—	$	102.8	$	415.8

Schedule of Restructuring Reserve by Type of Cost

The table below presents the balance of liabilities related to the restructuring plans by major type of cost (in millions):


	Employee severance, separation and other costs		Lease exit and other related costs (1)		Total
Fiscal 2025 Restructuring plans:
Beginning balance at September 28, 2025	$	158.9	$	238.9	$	397.8
Restructuring costs incurred	20.5		52.0		72.5
Cash payments	(145.1)		(133.5)		(278.6)
Divestiture (2)	(2.6)		(1.9)		(4.5)
Other (3)	(14.2)		(11.0)		(25.2)
Ending balance at June 28, 2026	17.5		144.5		162.0
Fiscal 2026 Restructuring plans:
Beginning balance at September 28, 2025	—		—		—
Restructuring costs incurred	79.9		2.6		82.5
Cash payments	(13.6)		(0.4)		(14.0)

Other (3)	—		4.3		4.3
Ending balance at June 28, 2026	66.3		6.5		72.8
Total ending balance at June 28, 2026	$	83.8	$	151.0	$	234.8

(1) The operating lease liability balances for total stores under the fiscal 2025 and fiscal 2026 restructuring plans were $183.1 million and $6.9 million, respectively, as of June 28, 2026.

(2) The decrease was a result of divesting Starbucks retail operations in China during the third quarter of fiscal 2026 .

(3) “Other” primarily consists of updates to accrual estimates and adjustments for non-cash charges.