Restructuring and Related Activities (Tables)

12 Months Ended

Sep. 28, 2025

The table below presents the restructuring and impairment charges by reportable operating segment and Corporate and Other (in millions):


Fiscal Year Ended September 28, 2025	North America		International		Channel Development		Corporate and Other		Total
Disposal and impairment of store assets	$	313.7	$	39.1	$	—	$	—	$	352.8
Employee severance, separation costs, and other	103.8		39.8		1.9		154.4		299.9
Amortization of ROU lease assets and other lease exit costs	235.7		3.6		—		—		239.3
Total Restructuring and impairment costs	$	653.2	$	82.5	$	1.9	$	154.4	$	892.0

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


Fiscal Year Ended September 28, 2025	Employee severance, separation costs, and other		Lease exit and other related costs(1)		Total
Beginning balance	$	—	$	—	$	—
Restructuring costs incurred	299.9		239.3		539.2
Cash payments	(141.0)		(0.4)		(141.4)
Ending balance	$	158.9	$	238.9	$	397.8

(1) The total operating lease liability balance for restructuring store closures was $272.8 million as of September 28, 2025.