Restructuring and Related Activities (Tables)

6 Months Ended

Mar. 29, 2026

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


Quarter Ended March 29, 2026	North America		International		Channel Development		Corporate and Other		Total
Disposal and impairment of store assets	$	14.2	$	0.1	$	—	$	—	$	14.3
Employee severance, separation and other costs	(6.4)		3.2		(0.1)		11.1		7.8
Amortization of ROU lease assets and other lease exit costs	(2.5)		5.5		—		—		3.0
Total Restructuring and impairment costs	$	5.3	$	8.8	$	(0.1)	$	11.1	$	25.1


Two Quarters Ended March 29, 2026	North America		International		Channel Development		Corporate and Other		Total
Disposal and impairment of store assets	$	39.0	$	0.1	$	—	$	—	$	39.1
Employee severance, separation and other costs	1.6		5.1		0.1		15.4		22.2
Amortization of ROU lease assets and other lease exit costs	4.7		47.2		—		—		51.9
Total Restructuring and impairment costs	$	45.3	$	52.4	$	0.1	$	15.4	$	113.2

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


	Employee severance, separation and other costs		Lease exit and other related costs (1)		Total
Beginning balance at September 28, 2025	$	158.9	$	238.9	$	397.8
Restructuring costs incurred	22.2		51.9		74.1
Cash payments	(137.9)		(93.0)		(230.9)
Divestiture (2)	(2.6)		(1.9)		(4.5)
Other (3)	(14.2)		—		(14.2)
Ending balance at March 29, 2026	$	26.4	$	195.9	$	222.3

(1) The operating lease liability balance for total stores under the restructuring plan was $243.2 million as of March 29, 2026.

(2) The decrease was a result of Starbucks retail operations in China being classified as held for sale.

(3) “Other” primarily consists of updates to accrual estimates.