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LEASES
 9 Months Ended
Jun. 27, 2026
Leases [Abstract]  
LEASES
NOTE 14. LEASES
The Company leases certain property and equipment from third parties under various non-cancelable lease agreements, including industrial, commercial and office properties and equipment that support the management, manufacturing, distribution and research and development of products marketed and sold by the Company. The lease agreements generally require that the Company pay taxes, insurance and maintenance expenses related to the leased assets. At June 27, 2026, there were no material operating leases that the Company had entered into that were yet to commence. From time to time, the Company will sublease portions of its facilities, resulting in sublease income. Sublease income and the related cash flows were not material to the condensed consolidated financial statements for the three and nine months ended June 27, 2026 and June 28, 2025.
Supplemental balance sheet information related to the Company’s leases was as follows:
Balance Sheet LocationJune 27,
2026		June 28,
2025		September 30,
2025
Operating leases:
Right-of-use assetsOther assets$342.5 $249.3 $243.9 
Current lease liabilitiesOther current liabilities59.6 69.2 67.5 
Non-current lease liabilitiesOther liabilities317.2 198.1 192.6 
Total operating lease liabilities$376.8 $267.3 $260.1 
Finance leases:
Right-of-use assetsProperty, plant and equipment, net$10.2 $12.3 $11.7 
Current lease liabilitiesCurrent portion of debt2.0 2.1 2.0 
Non-current lease liabilitiesLong-term debt11.1 13.0 12.5 
Total finance lease liabilities$13.1 $15.1 $14.5 
Components of lease cost were as follows:
Three Months EndedNine Months Ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
Operating lease cost (a)
$23.0 $20.8 $66.8 $60.9 
Variable lease cost5.4 6.0 16.3 16.9 
Finance lease cost
Amortization of right-of-use assets0.5 0.7 1.6 2.0 
Interest on lease liabilities0.2 0.2 0.5 0.6 
Total finance lease cost$0.7 $0.9 $2.1 $2.6 
(a)Operating lease cost includes amortization of right-of-use assets of $16.9 and $50.2 for the three and nine months ended June 27, 2026, respectively; and $16.4 and $48.4 for the three and nine months ended June 28, 2025, respectively. Short-term lease expense is excluded from operating lease cost and is not material.
Supplemental cash flow information and non-cash activity related to the Company’s leases were as follows:
Nine Months Ended
June 27,
2026		June 28,
2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases, net$69.0 $68.4 
Operating cash flows from finance leases0.5 0.6 
Financing cash flows from finance leases1.5 1.8 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$169.1 $43.1 
Finance leases— 0.4 
Weighted-average remaining lease term and discount rate for the Company’s leases were as follows:
June 27,
2026		June 28,
2025		September 30,
2025
Weighted-average remaining lease term (in years):
Operating leases 8.15.05.2
Finance leases7.48.07.8
Weighted-average discount rate:
Operating leases7.5 %6.9 %7.0 %
Finance leases4.6 %4.6 %4.6 %
Maturities of lease liabilities by fiscal year for the Company’s leases as of June 27, 2026 were as follows:
YearOperating LeasesFinance Leases
2026 (remainder of the year)$24.1 $0.7 
202781.4 2.5 
202872.4 2.1 
202960.0 1.7 
203047.6 1.7 
Thereafter235.3 7.0 
Total lease payments520.8 15.7 
Less: Imputed interest(144.0)(2.6)
Total lease liabilities$376.8 $13.1 
LEASES
NOTE 14. LEASES
The Company leases certain property and equipment from third parties under various non-cancelable lease agreements, including industrial, commercial and office properties and equipment that support the management, manufacturing, distribution and research and development of products marketed and sold by the Company. The lease agreements generally require that the Company pay taxes, insurance and maintenance expenses related to the leased assets. At June 27, 2026, there were no material operating leases that the Company had entered into that were yet to commence. From time to time, the Company will sublease portions of its facilities, resulting in sublease income. Sublease income and the related cash flows were not material to the condensed consolidated financial statements for the three and nine months ended June 27, 2026 and June 28, 2025.
Supplemental balance sheet information related to the Company’s leases was as follows:
Balance Sheet LocationJune 27,
2026		June 28,
2025		September 30,
2025
Operating leases:
Right-of-use assetsOther assets$342.5 $249.3 $243.9 
Current lease liabilitiesOther current liabilities59.6 69.2 67.5 
Non-current lease liabilitiesOther liabilities317.2 198.1 192.6 
Total operating lease liabilities$376.8 $267.3 $260.1 
Finance leases:
Right-of-use assetsProperty, plant and equipment, net$10.2 $12.3 $11.7 
Current lease liabilitiesCurrent portion of debt2.0 2.1 2.0 
Non-current lease liabilitiesLong-term debt11.1 13.0 12.5 
Total finance lease liabilities$13.1 $15.1 $14.5 
Components of lease cost were as follows:
Three Months EndedNine Months Ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
Operating lease cost (a)
$23.0 $20.8 $66.8 $60.9 
Variable lease cost5.4 6.0 16.3 16.9 
Finance lease cost
Amortization of right-of-use assets0.5 0.7 1.6 2.0 
Interest on lease liabilities0.2 0.2 0.5 0.6 
Total finance lease cost$0.7 $0.9 $2.1 $2.6 
(a)Operating lease cost includes amortization of right-of-use assets of $16.9 and $50.2 for the three and nine months ended June 27, 2026, respectively; and $16.4 and $48.4 for the three and nine months ended June 28, 2025, respectively. Short-term lease expense is excluded from operating lease cost and is not material.
Supplemental cash flow information and non-cash activity related to the Company’s leases were as follows:
Nine Months Ended
June 27,
2026		June 28,
2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases, net$69.0 $68.4 
Operating cash flows from finance leases0.5 0.6 
Financing cash flows from finance leases1.5 1.8 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$169.1 $43.1 
Finance leases— 0.4 
Weighted-average remaining lease term and discount rate for the Company’s leases were as follows:
June 27,
2026		June 28,
2025		September 30,
2025
Weighted-average remaining lease term (in years):
Operating leases 8.15.05.2
Finance leases7.48.07.8
Weighted-average discount rate:
Operating leases7.5 %6.9 %7.0 %
Finance leases4.6 %4.6 %4.6 %
Maturities of lease liabilities by fiscal year for the Company’s leases as of June 27, 2026 were as follows:
YearOperating LeasesFinance Leases
2026 (remainder of the year)$24.1 $0.7 
202781.4 2.5 
202872.4 2.1 
202960.0 1.7 
203047.6 1.7 
Thereafter235.3 7.0 
Total lease payments520.8 15.7 
Less: Imputed interest(144.0)(2.6)
Total lease liabilities$376.8 $13.1