The components of lease costs (in millions):


	Year Ended
	Sep 28, 2025		Sep 29, 2024		Oct 1, 2023
Operating lease costs(1)	$	2,097.0	$	1,723.5	$	1,601.0
Variable lease costs	1,245.7		1,130.7		1,050.3
Short-term lease costs	21.0		26.8		28.0
Total lease costs	$	3,363.7	$	2,881.0	$	2,679.3

The following table includes supplemental information (in millions):


	Year Ended
	Sep 28, 2025		Sep 29, 2024		Oct 1, 2023
Cash paid related to operating lease liabilities	$	1,901.4	$	1,672.5	$	1,657.2
Operating lease liabilities arising from obtaining ROU assets(1)	1,980.8		2,263.9		1,893.4


	Sep 28, 2025		Sep 29, 2024		Oct 1, 2023
Weighted-average remaining operating lease term	8.6 years		8.6 years		8.5 years
Weighted-average operating lease discount rate	3.7	%	3.4	%	3.1	%

(1)Includes leases obtained in the acquisition of 23.5 Degrees Topco Limited in the first quarter of fiscal 2025.

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. These balances were not material as of September 28, 2025, and September 29, 2024. Finance lease costs were also immaterial for the fiscal years ended September 28, 2025, September 29, 2024, and October 1, 2023.

Minimum future maturities of operating lease liabilities (in millions):


Fiscal Year	Total
2026	$	1,940.6
2027	1,757.3
2028	1,548.4
2029	1,360.4
2030	1,190.3
Thereafter	4,592.2
Total lease payments	12,389.2
Less imputed interest	(1,852.5)
Total	$	10,536.7

As of September 28, 2025, we have entered into operating leases that have not yet commenced of $823.5 million, primarily related to real estate leases. These leases will commence between fiscal year 2026 and fiscal year 2028 with lease terms of 5

years to 20 years. Lease exit costs associated with our restructuring efforts primarily relate to the closure of certain Starbucks company-operated stores, and are recognized in line with store closure timing. Total lease exit costs of $239.3 million were recorded in restructuring and impairments on the consolidated statement of earnings in fiscal 2025. See Note 18, Restructuring, to the consolidated financial statements included in Item 8 of Part II of this 10-K, for further discussion.