Stock Repurchase Program, Authorized Amount

[Table of Contents](#ic085909a172f44ef92ae922b1099b569_7)

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|  | Balance atBeginning ofPeriod |  | Provisions |  |  |  |  |  | Settlements/Adjustments |  | Balance atEnd of Period |
| Six Months Ended: |  |  |  |  |  |  |  |  |  |  |  |
| March 26, 2022 | $ | 8.8  |  |  | $ | 3.7  |  |  |  |  |  |  | $ | (4.1) |  |  | $ | 8.4  |  |
| March 27, 2021 | $ | 9.9  |  |  | $ | 4.8  |  |  |  |  |  |  | $ | (5.3) |  |  | $ | 9.4  |  |

  
(18) Accumulated Other Comprehensive Loss  
The following tables summarize the changes in accumulated balances of other comprehensive loss for the periods presented:

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|  | Three Months Ended March 26, 2022 |  | Six Months Ended March 26, 2022 |
|  | Foreign Currency Translation |  | Pension Plans |  |  |  | Hedged Interest Rate Swaps |  | Total |  | Foreign Currency Translation |  | Pension Plans |  |  |  | Hedged Interest Rate Swaps | Total |
| Beginning Balance | $ | (80.9) |  |  | $ | (1.3) |  |  |  |  | $ | (6.8) |  |  | $ | (89.0) |  |  | $ | (43.1) |  |  | $ | (1.3) |  |  |  |  | $ | (14.7) |  | $ | (59.1) |  |
| Other comprehensive income (loss) before reclassifications | (34.5) |  |  | —  |  |  |  |  | 19.4  |  |  | (15.1) |  |  | (72.3) |  |  | —  |  |  |  |  | 27.3  |  | (45.0) |  |
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| Ending Balance | $ | (115.4) |  |  | $ | (1.3) |  |  |  |  | $ | 12.6  |  |  | $ | (104.1) |  |  | $ | (115.4) |  |  | $ | (1.3) |  |  |  |  | $ | 12.6  |  | $ | (104.1) |  |

  


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|  | Three Months Ended March 27, 2021 |  | Six Months Ended March 27, 2021 |
|  | Foreign Currency Translation |  |  |  | Pension Plans |  | Hedged Interest Rate Caps |  | Hedged Interest Rate Swaps |  | Total |  | Foreign Currency Translation |  | Pension Plans |  | Hedged Interest Rate Caps |  | Hedged Interest Rate Swaps | Total |
| Beginning Balance | $ | (5.1) |  |  |  |  | $ | (1.8) |  |  | $ | (0.6) |  |  | $ | (23.2) |  |  | $ | (30.7) |  |  | $ | (22.9) |  |  | $ | (1.8) |  |  | $ | (0.9) |  |  | $ | (24.1) |  | $ | (49.7) |  |
| Other comprehensive income (loss) before reclassifications | (9.4) |  |  |  |  | —  |  |  | 0.6  |  |  | 3.7  |  |  | (5.1) |  |  | 8.4  |  |  | —  |  |  | 0.4  |  |  | 4.6  |  | 13.4  |  |
| Amounts reclassified to statement of income | —  |  |  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 0.5  |  |  | —  |  | 0.5  |  |
| Ending Balance | $ | (14.5) |  |  |  |  | $ | (1.8) |  |  | $ | —  |  |  | $ | (19.5) |  |  | $ | (35.8) |  |  | $ | (14.5) |  |  | $ | (1.8) |  |  | $ | —  |  |  | $ | (19.5) |  | $ | (35.8) |  |

  
(19) Share Repurchase  
On December 9, 2020, the Company's Board of Directors authorized a new five-year share repurchase plan to repurchase up to $1.0 billion of the Company's outstanding common stock. The prior plan was terminated in connection with this new authorization. During the three and six months ended March 26, 2022, the Company repurchased 2.9 million and 5.2 million shares of its common stock for total consideration of $200.0 million and $367.0 million, respectively. As of March 26, 2022, $324.7 million remained available under this authorization.   
(20) New Accounting Pronouncements  
In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes. The FASB issued this Update as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). For public business entities, the amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020 and are applicable to the Company in fiscal 2022. The adoption of ASU No. 2019-12 did not have a material impact on the Company's consolidated financial position and results of operations.  
In January 2020, the FASB issued ASU No. 2020-01, Investments - Equity Securities (Topic 321), Investments - Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815). The FASB issued this Update to clarify certain interactions between the guidance to account for certain equity securities under Topic 321, the guidance to account for investments under the equity method of accounting in Topic 323, and the guidance in Topic 815. This update could change how an entity accounts for an equity security under the measurement alternative or a forward contract or purchased option to purchase securities that, upon settlement of the forward contract or exercise of the purchased option, would be accounted for under the equity method of accounting or the fair value option in accordance with Topic 825, Financial Instruments. For entities that have adopted the amendments in Update 2020-01, the updated guidance is effective for annual periods beginning after December 15, 2020, and is applicable to the Company in fiscal 2022. The adoption of ASU No. 2020-01 did not have a material impact on the Company's consolidated financial position and results of operations.  
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