STARBUCKS CORP, 10-Q filed on 8/1/2023
Quarterly Report
v3.23.2
Document And Entity Information - shares
shares in Millions
 9 Months Ended
Jul. 02, 2023
Jul. 26, 2023
Entity Information [Line Items]    
Entity Incorporation, State or Country Code WA  
Title of 12(b) Security Common Stock, par value $0.001 per share  
Document Type 10-Q  
Document Quarterly Report true  
Amendment Flag false  
Document Period End Date Jul. 02, 2023  
Document Transition Report false  
Entity File Number 000-20322  
Document Fiscal Year Focus 2023  
Document Fiscal Period Focus Q3  
Trading Symbol SBUX  
Entity Central Index Key 0000829224  
Current Fiscal Year End Date --10-01  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Common Stock, Shares Outstanding   1,145.4
Entity Registrant Name Starbucks Corporation  
Entity Address, Address Line One 2401 Utah Avenue South  
Entity Address, City or Town Seattle  
Entity Address, State or Province WA  
Entity Address, Postal Zip Code 98134  
City Area Code 206  
Local Phone Number 447-1575  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Shell Company false  
Security Exchange Name NASDAQ  
Entity Tax Identification Number 91-1325671  
Document Information [Line Items]    
Entity Shell Company false  
v3.23.2
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Total net revenues $ 9,168.3 $ 8,150.1 $ 26,602.0 $ 23,836.1
Product and distribution costs 2,864.2 2,613.6 8,476.1 7,606.4
Store operating expenses 3,697.6 3,302.5 10,998.9 10,017.1
Other operating expenses 138.7 135.1 394.1 338.4
Depreciation and amortization expenses 342.2 356.8 1,011.2 1,090.5
General and administrative expenses 604.3 486.7 1,805.6 1,494.0
Restructuring and impairments 7.1 14.0 21.8 10.9
Total operating expenses 7,654.1 6,908.7 22,707.7 20,557.3
Income (Loss) from Equity Method Investments 69.7 54.1 179.0 143.5
Gain on sale of assets 0.0 0.0 91.3 0.0
Operating income/(loss) 1,583.9 1,295.5 4,164.6 3,422.3
Interest income and other, net 21.3 19.8 51.1 66.0
Interest expense (140.9) (123.1) (406.9) (357.6)
Earnings before income taxes 1,464.3 1,192.2 3,808.8 3,130.7
Income tax expense 322.4 278.5 903.4 725.9
Net earnings including noncontrolling interests 1,141.9 913.7 2,905.4 2,404.8
Net earnings attributable to noncontrolling interests 0.2 0.8 0.2 1.5
Net earnings attributable to Starbucks $ 1,141.7 $ 912.9 $ 2,905.2 $ 2,403.3
EPS — basic $ 1.00 $ 0.80 $ 2.53 $ 2.08
EPS — diluted $ 0.99 $ 0.79 $ 2.52 $ 2.07
Weighted average shares outstanding:        
Basic 1,145.9 1,147.0 1,147.6 1,155.3
Diluted 1,150.5 1,151.0 1,152.0 1,160.5
Company-operated stores [Member]        
Total net revenues $ 7,556.7 $ 6,675.5 $ 21,782.4 $ 19,674.7
Licensed stores [Member]        
Total net revenues 1,136.2 956.8 3,325.2 2,657.0
Product and Service, Other [Member]        
Total net revenues $ 475.4 $ 517.8 $ 1,494.4 $ 1,504.4
v3.23.2
Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Net earnings including noncontrolling interests $ 1,141.9 $ 913.7 $ 2,905.4 $ 2,404.8
Other comprehensive loss, net of tax:        
Other comprehensive income/(loss) (255.9) (325.3) (314.3) (212.2)
Comprehensive income including noncontrolling interests 886.0 588.4 2,591.1 2,192.6
Comprehensive income attributable to noncontrolling interests (0.5) 0.8 (0.5) 1.5
Comprehensive income attributable to Starbucks 886.5 587.6 2,591.6 2,191.1
Available-for-sale Securities [Member]        
Other comprehensive loss, net of tax:        
Unrealized holding gains/(losses) on available-for-sale securities, before tax (2.2) (2.1) 3.4 (16.0)
Unrealized holding gains/(losses) on available-for-sale securities, tax (expense)/benefit 0.5 0.5 (0.8) 3.9
Cash Flow Hedging [Member]        
Other comprehensive loss, net of tax:        
Unrealized gains/(losses) on hedging instruments, before tax 4.6 54.4 (177.3) 210.3
Unrealized gains/(losses) on hedging instruments, tax (expense)/benefit (3.8) (13.4) 25.8 (39.5)
Net Investment Hedging [Member]        
Other comprehensive loss, net of tax:        
Other Comprehensive Income (Loss), Net Investment Hedge, Gain (Loss), before Reclassification and Tax 101.0 109.2 33.7 188.8
Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, and translation adjustment, tax expense/(benefit) (25.5) (27.6) (8.5) (47.7)
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest        
Other comprehensive loss, net of tax:        
Translation adjustment and other, before tax (318.1) (396.9) (34.5) (421.2)
Translation adjustment and other, tax (expense)/benefit 0.0 0.0 0.0 0.0
Translation Adjustment [Member]        
Other comprehensive loss, net of tax:        
Other comprehensive income/(loss) (317.4) (396.9) (33.8) (421.1)
Reclassification out of Accumulated Other Comprehensive Income [Member]        
Other comprehensive loss, net of tax:        
Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, and translation adjustment, before tax (16.5) (59.2) (181.5) (109.5)
Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, and translation adjustment, tax expense/(benefit) $ 4.1 $ 9.8 $ 25.4 $ 18.7
v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Par value of common stock $ 0.001 $ 0.001
Authorized shares of common stock 2,400,000,000 2,400,000,000
Common Stock, Shares, Issued 1,145,400,000 1,147,900,000
Current assets:    
Cash and cash equivalents $ 3,357.0 $ 2,818.4
Short-term investments 263.0 364.5
Accounts receivable, net 1,140.2 1,175.5
Inventories 1,987.0 2,176.6
Prepaid expenses and other current assets 423.5 483.7
Total current assets 7,170.7 7,018.7
Debt Securities, Available-for-Sale, Noncurrent 238.6 279.1
Equity investments 384.4 311.2
Property, plant and equipment, net 7,053.5 6,560.5
Operating lease, right-of-use asset 8,178.5 8,015.6
Deferred Income Tax Assets, Net 1,790.3 1,799.7
Other long-term assets 541.7 554.2
Other intangible assets 124.4 155.9
Goodwill 3,250.9 3,283.5
TOTAL ASSETS 28,733.0 27,978.4
Current liabilities:    
Accounts payable 1,503.5 1,441.4
Accrued liabilities 2,060.5 2,137.1
Accrued payroll and benefits 755.4 761.7
Current portion of operating lease liability 1,265.2 1,245.7
Stored value card liability and current portion of deferred revenue 1,759.6 1,641.9
Short-term debt 34.5 175.0
Current portion of long-term debt 1,835.9 1,749.0
Total current liabilities 9,214.6 9,151.8
Long-term debt 13,544.4 13,119.9
Operating lease liability 7,691.2 7,515.2
Deferred revenue 6,152.5 6,279.7
Other long-term liabilities 471.9 610.5
Total liabilities 37,074.6 36,677.1
Shareholders' deficit:    
Common stock ($0.001 par value) — authorized, 2,400.0 shares; issued and outstanding, 1,145.4 and 1,147.9 shares, respectively 1.1 1.1
Additional paid-in capital 38.3 205.3
Retained deficit (7,610.5) (8,449.8)
Accumulated other comprehensive income/(loss) (777.5) (463.2)
Total shareholders’ deficit (8,348.6) (8,706.6)
Noncontrolling interests 7.0 7.9
Total deficit (8,341.6) (8,698.7)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT) $ 28,733.0 $ 27,978.4
v3.23.2
Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares
Jul. 02, 2023
Oct. 02, 2022
Statement of Financial Position [Abstract]    
Common stock, par value $ 0.001 $ 0.001
Common stock, shares authorized 2,400,000,000 2,400,000,000
Common stock, shares issued 1,145,400,000 1,147,900,000
v3.23.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
OPERATING ACTIVITIES:    
Net earnings including noncontrolling interests $ 2,905.4 $ 2,404.8
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 1,073.8 1,169.0
Deferred income taxes, net (30.2) 35.0
Income earned from equity method investees (182.7) (175.0)
Distributions received from equity method investees 146.6 145.9
Gain on sale of assets (91.3) 0.0
Stock-based compensation 228.5 206.6
Non-cash lease costs 998.4 1,090.4
Loss on retirement and impairment of assets 79.1 89.6
Other 22.8 (44.7)
Cash provided by/(used in) changes in operating assets and liabilities:    
Accounts receivable 44.3 (245.5)
Inventories 194.5 (557.3)
Accounts payable 47.3 341.7
Deferred revenue (8.2) 32.7
Operating lease liability (1,056.1) (1,201.4)
Other operating assets and liabilities (308.5) 5.8
Net cash provided by operating activities 4,063.7 3,297.6
INVESTING ACTIVITIES:    
Purchases of investments (357.1) (117.3)
Sales of investments 2.0 72.6
Maturities and calls of investments 515.0 59.5
Additions to property, plant and equipment (1,634.1) (1,295.4)
Proceeds from sale of assets 110.0 0.0
Other (42.0) (95.7)
Net cash used in investing activities (1,406.2) (1,376.3)
FINANCING ACTIVITIES:    
Net (payments)/proceeds from issuance of commercial paper (175.0) 200.0
Net proceeds from issuance of short-term debt 83.7 38.9
Repayments of short-term debt (46.7) (38.9)
Net proceeds from issuance of long-term debt 1,497.8 1,498.1
Repayments of long-term debt (1,000.0) (1,000.0)
Proceeds from issuance of common stock 149.4 75.5
Cash dividends paid (1,824.8) (1,701.1)
Repurchase of common stock (699.3) (4,013.0)
Minimum tax withholdings on share-based awards (87.0) (123.5)
Other (11.0) (9.2)
Net cash used in financing activities (2,112.9) (5,073.2)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations (6.0) (126.3)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 538.6 (3,278.2)
CASH AND CASH EQUIVALENTS:    
Beginning of period 2,818.4 6,455.7
End of period 3,357.0 3,177.5
Cash paid during the period for:    
Interest, net of capitalized interest 369.6 344.9
Income taxes $ 939.8 $ 911.2
v3.23.2
Condensed Consolidated Statements of Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings/(Deficit) [Member]
AOCI Attributable to Parent [Member]
Parent [Member]
Noncontrolling Interest [Member]
Balance, Amount at Oct. 03, 2021 $ (5,314.5) $ 1.2 $ 846.1 $ (6,315.7) $ 147.2 $ (5,321.2) $ 6.7
Common Stock, Shares, Outstanding, Beginning Balance at Oct. 03, 2021   1,180.0          
Net earnings/(loss) 2,404.8 $ 0.0 0.0 2,403.3 0.0 2,403.3 1.5
Other comprehensive loss (212.2) 0.0 0.0 0.0 (212.2) (212.2) 0.0
Stock-based compensation expense 209.7 $ 0.0 209.7 0.0 0.0 209.7 0.0
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture   3.2          
Exercise of stock options/vesting of RSUs (82.8) $ (0.1) (82.7) 0.0 0.0 (82.8) 0.0
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.4          
Sale of common stock 34.8 $ 0.0 34.8 0.0 0.0 34.8 0.0
Stock Repurchased and Retired During Period, Shares   (36.3)          
Stock Repurchased and Retired During Period, Value (4,013.0) $ 0.0 (890.8) (3,122.2) 0.0 (4,013.0) 0.0
Dividends, Cash (1,685.1) 0.0 0.0 (1,685.1) 0.0 (1,685.1) 0.0
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders $ (0.6) $ 0.0 0.0 0.0 0.0 0.0 0.6
Common Stock, Dividends, Per Share, Declared $ 1.47            
Common Stock, Shares, Outstanding at Jul. 03, 2022   1,147.3          
Balance, Amount at Jul. 03, 2022 $ (8,658.9) $ 1.1 117.1 (8,719.7) (65.0) (8,666.5) 7.6
Balance, Amount at Apr. 03, 2022 (8,761.2) $ 1.1 41.1 (9,070.5) 260.3 (8,768.0) 6.8
Common Stock, Shares, Outstanding, Beginning Balance at Apr. 03, 2022   1,146.9          
Net earnings/(loss) 913.7 $ 0.0 0.0 912.9 0.0 912.9 0.8
Other comprehensive loss (325.3) 0.0 0.0 0.0 (325.3) (325.3) 0.0
Stock-based compensation expense 58.2 $ 0.0 58.2 0.0 0.0 58.2 0.0
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture   0.2          
Exercise of stock options/vesting of RSUs 5.8 $ 0.0 5.8 0.0 0.0 5.8 0.0
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.2          
Sale of common stock 12.0 $ 0.0 12.0 0.0 0.0 12.0 0.0
Dividends, Cash $ (562.1) $ 0.0 0.0 (562.1) 0.0 (562.1) 0.0
Common Stock, Dividends, Per Share, Declared $ 0.49            
Common Stock, Shares, Outstanding at Jul. 03, 2022   1,147.3          
Balance, Amount at Jul. 03, 2022 $ (8,658.9) $ 1.1 117.1 (8,719.7) (65.0) (8,666.5) 7.6
Balance, Amount at Oct. 02, 2022 (8,698.7) $ 1.1 205.3 (8,449.8) (463.2) (8,706.6) 7.9
Common Stock, Shares, Outstanding, Beginning Balance at Oct. 02, 2022   1,147.9          
Net earnings/(loss) 2,905.4 $ 0.0 0.0 2,905.2 0.0 2,905.2 0.2
Other comprehensive loss (314.3) 0.0 0.0 0.0 (313.6) (313.6) (0.7)
Stock-based compensation expense 231.3 $ 0.0 231.3 0.0 0.0 231.3 0.0
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture   4.0          
Exercise of stock options/vesting of RSUs 25.1 $ 0.0 25.1 0.0 0.0 25.1 0.0
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.4          
Sale of common stock 37.3 $ 0.0 37.3 0.0 0.0 37.3 0.0
Stock Repurchased and Retired During Period, Shares   (6.9)          
Stock Repurchased and Retired During Period, Value (700.2) $ 0.0 (457.7) (242.5) 0.0 (700.2) 0.0
Dividends, Cash (1,823.4) 0.0 0.0 (1,823.4) 0.0 (1,823.4) 0.0
Purchase of noncontrolling interests   $ 0.0          
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests or Other Adjustment $ 4.1   3.0 0.0 0.7 3.7 0.4
Common Stock, Dividends, Per Share, Declared $ 1.59            
Common Stock, Shares, Outstanding at Jul. 02, 2023   1,145.4          
Balance, Amount at Jul. 02, 2023 $ (8,341.6) $ 1.1 38.3 (7,610.5) (777.5) (8,348.6) 7.0
Balance, Amount at Apr. 02, 2023 (8,499.4) $ 1.1 38.2 (8,024.6) (521.6) (8,506.9) 7.5
Common Stock, Shares, Outstanding, Beginning Balance at Apr. 02, 2023   1,147.0          
Net earnings/(loss) 1,141.9 $ 0.0 0.0 1,141.7 0.0 1,141.7 0.2
Other comprehensive loss (255.9) 0.0 0.0 0.0 (255.2) (255.2) (0.7)
Stock-based compensation expense 69.9 $ 0.0 69.9 0.0 0.0 69.9 0.0
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture   0.3          
Exercise of stock options/vesting of RSUs 1.6 $ 0.0 1.6 0.0 0.0 1.6 0.0
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.1          
Sale of common stock 12.4 $ 0.0 12.4 0.0 0.0 12.4 0.0
Stock Repurchased and Retired During Period, Shares   (2.0)          
Stock Repurchased and Retired During Period, Value (204.9) $ 0.0 (83.8) (121.1) 0.0 (204.9) 0.0
Dividends, Cash (606.5) $ 0.0 0.0 (606.5) 0.0 (606.5) 0.0
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests or Other Adjustment $ 0.7         0.7 0.0
Common Stock, Dividends, Per Share, Declared $ 0.53            
Common Stock, Shares, Outstanding at Jul. 02, 2023   1,145.4          
Balance, Amount at Jul. 02, 2023 $ (8,341.6) $ 1.1 $ 38.3 $ (7,610.5) $ (777.5) $ (8,348.6) $ 7.0
v3.23.2
Acquisitions and Divestitures
 9 Months Ended
Jul. 02, 2023
Business Combinations [Abstract]  
Acquisitions and Divestitures Acquisitions, Divestitures and Strategic Alliance
Fiscal 2023
On January 13, 2023, we sold the assets, primarily consisting of intellectual properties associated with the Seattle's Best Coffee brand, to Nestlé for $110.0 million. The transaction resulted in a pre-tax gain of $91.3 million, which was included in gain from sale of assets on our consolidated statements of earnings. Results from Seattle's Best Coffee operations prior to the sale are reported in our Channel Development operating segment.
Fiscal 2022
In the fourth quarter of fiscal 2022, we sold our Evolution Fresh brand and business to Bolthouse Farms. This transaction did not have a material impact on our consolidated financial statements.
v3.23.2
Derivative Financial Instruments
 9 Months Ended
Jul. 02, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Financial Instruments Derivative Financial Instruments
Interest Rates
From time to time, we enter into designated cash flow hedges to manage the variability in cash flows due to changes in benchmark interest rates. We enter into interest rate swap agreements and treasury locks, which are synthetic forward sales of U.S. Treasury securities settled in cash based upon the difference between an agreed-upon treasury rate and the prevailing treasury rate at settlement. These agreements are cash settled at the time of the pricing of the related debt. Each derivative agreement's gain or loss is recorded in accumulated other comprehensive income (“AOCI”) and is subsequently reclassified to interest expense over the life of the related debt.
To hedge the exposure to changes in the fair value of our fixed-rate debt, we enter into interest rate swap agreements, which are designated as fair value hedges. The changes in fair values of these derivative instruments and the offsetting changes in fair values of the underlying hedged debt due to changes in the relevant benchmark interest rates are recorded in interest expense. Refer to Note 8, Debt, for additional information on our long-term debt.
Foreign Currency
To reduce cash flow volatility from foreign currency fluctuations, we enter into forward and swap contracts to hedge portions of cash flows of anticipated intercompany royalty payments, inventory purchases, and intercompany borrowing and lending activities. The resulting gains and losses from these derivatives are recorded in AOCI and subsequently reclassified to revenue, product and distribution costs, or interest income and other, net, respectively, when the hedged exposures affect net earnings.
From time to time, we may enter into financial instruments, including, but not limited to, forward and swap contracts or foreign currency-denominated debt, to hedge the currency exposure of our net investments in certain international operations. The resulting gains and losses from these derivatives are recorded in AOCI and are subsequently reclassified to net earnings when the hedged net investment is either sold or substantially liquidated.
Foreign currency forward and swap contracts not designated as hedging instruments are used to mitigate the foreign exchange risk of certain other balance sheet items. Gains and losses from these derivatives are largely offset by the financial impact of translating foreign currency-denominated payables and receivables, and these gains and losses are recorded in interest income and other, net.
Commodities
Depending on market conditions, we may enter into coffee forward contracts, futures contracts and collars to hedge anticipated cash flows under our price-to-be-fixed green coffee contracts, which are described further in Note 5, Inventories, or our longer-dated forecasted coffee demand where underlying fixed price and price-to-be-fixed contracts are not yet available. The resulting gains and losses are recorded in AOCI and are subsequently reclassified to product and distribution costs when the hedged exposure affects net earnings.
Depending on market conditions, we may also enter into dairy forward contracts and futures contracts to hedge a portion of anticipated cash flows under our dairy purchase contracts and our forecasted dairy demand. The resulting gains or losses are recorded in AOCI and are subsequently reclassified to product and distribution costs when the hedged exposure affects net earnings.
Cash flow hedges related to anticipated transactions are designated and documented at the inception of each hedge. Cash flows from hedging transactions are classified in the same categories as the cash flows from the respective hedged items. For de-designated cash flow hedges in which the underlying transactions are no longer probable of occurring, the related accumulated derivative gains or losses are recognized in interest income and other, net on our consolidated statements of earnings. These derivatives may be accounted for prospectively as non-designated derivatives until maturity, re-designated to new hedging relationships or terminated early. We continue to believe transactions related to our other designated cash flow hedges are probable to occur.
To mitigate the price uncertainty of a portion of our future purchases, including diesel fuel and other commodities, we enter into swap contracts, futures and collars that are not designated as hedging instruments. The resulting gains and losses are recorded in interest income and other, net to help offset price fluctuations on our beverage, food, packaging and transportation costs, which are included in product and distribution costs on our consolidated statements of earnings.
Gains and losses on derivative contracts and foreign currency-denominated debt designated as hedging instruments included in AOCI and expected to be reclassified into earnings within 12 months, net of tax (in millions):
Net Gains/(Losses)
Included in AOCI
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months
Outstanding Contract/Debt Remaining Maturity
(Months)
Jul 2, 2023Oct 2, 2022
Cash Flow Hedges:
Coffee$(107.6)$153.9 $(95.6)6
Cross-currency swaps(1.1)(1.9)— 17
Dairy (5.2)(2.6)(5.2)9
Foreign currency - other25.7 55.3 18.2 33
Interest rates(5.9)(5.8)(1.7)0
Net Investment Hedges:
Cross-currency swaps76.5 67.3 — 105
Foreign currency16.0 16.1 — 0
Foreign currency debt126.8 125.7 — 9
Pre-tax gains and losses on derivative contracts and foreign currency-denominated long-term debt designated as hedging instruments recognized in other comprehensive income (“OCI”) and reclassifications from AOCI to earnings (in millions):
Quarter Ended
Gains/(Losses) Recognized in
OCI Before Reclassifications
Gains/(Losses) Reclassified from
AOCI to Earnings
Location of gain/(loss)
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Cash Flow Hedges:
Coffee$(20.0)$(19.3)$0.3 $32.2 Product and distribution costs
Cross-currency swaps4.2 12.9 (3.5)(2.1)Interest expense
7.5 16.0 Interest income and other, net
Dairy(6.1)(1.4)(3.8)4.4 Product and distribution costs
Foreign currency - other26.5 43.4 6.1 6.6 Licensed stores revenue
1.4 (0.9)Product and distribution costs
Interest rates— 18.8 0.8 (0.6)Interest expense
Net Investment Hedges:
Cross-currency swaps 47.6 37.0 7.8 3.8 Interest expense
Foreign currency debt53.4 72.2 — — 
Three Quarters Ended
Gains/(Losses) Recognized in
OCI Before Reclassifications		Gains/(Losses) Reclassified from
AOCI to Earnings		Location of gain/(loss)
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Cash Flow Hedges:
Coffee$(139.9)$76.1 $156.9 $56.6 Product and distribution costs
Cross-currency swaps(10.0)22.3 (9.2)(3.7)Interest expense
(1.7)32.3 Interest income and other, net
Dairy(12.0)6.6 (8.6)6.8 Product and distribution costs
Foreign currency - other(15.7)51.1 18.0 11.0 Licensed stores revenue
5.8 (2.5)Product and distribution costs
0.2 — Interest income and other, net
Interest rates0.3 54.2 0.5 (1.5)Interest expense
Net Investment Hedges:
Cross-currency swaps 32.5 51.2 20.1 10.7 Interest expense
Foreign currency debt1.2 137.6 — — 
Pre-tax gains and losses on non-designated derivatives and designated fair value hedging instruments and the related fair value hedged item recognized in earnings (in millions):
Gains/(Losses) Recognized in Earnings
Location of gain/(loss) recognized in earnings Quarter EndedThree Quarters Ended
 Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Non-Designated Derivatives:
DairyInterest income and other, net$(0.1)$0.1 $(0.1)$0.2 
Foreign currency - otherInterest income and other, net— 6.4 (10.0)28.2 
CoffeeInterest income and other, net— (0.2)(5.5)9.1 
Diesel fuel and other commoditiesInterest income and other, net(1.0)3.3 (2.9)4.0 
Fair Value Hedges:
Interest rate swapInterest expense(12.2)(11.6)(9.1)(37.7)
Long-term debt (hedged item)Interest expense3.4 14.5 (12.0)47.5 
Notional amounts of outstanding derivative contracts (in millions):
Jul 2, 2023Oct 2, 2022
Coffee$373 $649 
Cross-currency swaps1,092 741 
Dairy67 94 
Diesel fuel and other commodities24 33 
Foreign currency - other 1,190 1,269 
Interest rate swaps1,100 1,100 
Fair value of outstanding derivative contracts (in millions) including the location of the asset and/or liability on the consolidated balance sheets:
Derivative Assets
Balance Sheet LocationJul 2, 2023Oct 2, 2022
Designated Derivative Instruments:
Cross-currency swapsOther long-term assets$117.3 $115.4 
DairyPrepaid expenses and other current assets 0.1 0.5 
Foreign currency - otherPrepaid expenses and other current assets27.3 39.9 
Other long-term assets17.4 33.5 
Non-designated Derivative Instruments:
Diesel fuel and other commoditiesPrepaid expenses and other current assets0.2 0.4 
Foreign currencyPrepaid expenses and other current assets6.7 34.3 
Other long-term assets— 7.3 
Derivative Liabilities
Balance Sheet LocationJul 2, 2023Oct 2, 2022
Designated Derivative Instruments:
DairyAccrued liabilities$3.0 $2.9 
Foreign currency - otherAccrued liabilities5.5 0.3 
Other long-term liabilities5.5 — 
Interest rate swapsAccrued liabilities12.9 12.0 
Other long-term liabilities37.1 34.0 
Non-designated Derivative Instruments:
Diesel fuel and other commoditiesAccrued liabilities1.2 — 
Foreign currencyAccrued liabilities2.0 5.8 
The following amounts were recorded on the consolidated balance sheets related to fixed-to-floating interest rate swaps designated in fair value hedging relationships (in millions):
Carrying amount of hedged itemCumulative amount of fair value hedging adjustment included in the carrying amount
Jul 2, 2023Oct 2, 2022Jul 2, 2023Oct 2, 2022
Location on the balance sheet
Long-term debt$1,059.7 $1,047.7 $(40.3)$(52.3)
Additional disclosures related to cash flow gains and losses included in AOCI, as well as subsequent reclassifications to earnings, are included in Note 11, Equity.
v3.23.2
Fair Value Measurements
 9 Months Ended
Jul. 02, 2023
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value MeasurementsAssets and liabilities measured at fair value on a recurring basis (in millions):
  Fair Value Measurements at Reporting Date Using
 Balance at
July 2, 2023		Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant  Other Observable Inputs
(Level 2)		Significant Unobservable  Inputs
(Level 3)
Assets:
Cash and cash equivalents$3,357.0 $3,357.0 $— $— 
Short-term investments:
Available-for-sale debt securities
Corporate debt securities68.4 — 68.4 — 
U.S. government treasury securities6.9 6.9 — — 
Foreign government obligations3.9 — 3.9 — 
Total available-for-sale debt securities79.2 6.9 72.3 — 
Structured deposits111.1 — 111.1 — 
Marketable equity securities72.7 72.7 — — 
Total short-term investments263.0 79.6 183.4 — 
Prepaid expenses and other current assets:
Derivative assets34.3 — 34.3 — 
Long-term investments:
Available-for-sale debt securities
Corporate debt securities86.3 — 86.3 — 
Mortgage and other asset-backed securities47.5 — 47.5 — 
State and local government obligations1.3 — 1.3 — 
U.S. government treasury securities103.5 103.5 — — 
Total long-term investments238.6 103.5 135.1 — 
Other long-term assets:
Derivative assets134.7 — 134.7 — 
Total assets$4,027.6 $3,540.1 $487.5 $— 
Liabilities:
Accrued liabilities:
Derivative liabilities$24.6 $— $24.6 $— 
Other long-term liabilities:
Derivative liabilities42.6 — 42.6 — 
Total liabilities$67.2 $— $67.2 $— 
  Fair Value Measurements at Reporting Date Using
 Balance at
October 2, 2022		Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant Other Observable Inputs
(Level 2)
Significant
Unobservable  Inputs
(Level 3)
Assets:
Cash and cash equivalents$2,818.4 $2,797.3 $21.1 $— 
Short-term investments:
Available-for-sale debt securities
Corporate debt securities22.4 — 22.4 — 
U.S. government treasury securities9.3 9.3 — — 
Total available-for-sale debt securities31.7 9.3 22.4 — 
Structured deposits275.1 — 275.1 — 
Marketable equity securities57.7 57.7 — — 
Total short-term investments364.5 67.0 297.5 — 
Prepaid expenses and other current assets:
Derivative assets75.1 — 75.1 — 
Long-term investments:
Available-for-sale debt securities
Corporate debt securities134.7 — 134.7 — 
Foreign government obligations3.8 — 3.8 — 
Mortgage and other asset-backed securities56.5 — 56.5 — 
State and local government obligations1.3 — 1.3 — 
U.S. government treasury securities82.8 82.8 — — 
Total long-term investments279.1 82.8 196.3 — 
Other long-term assets:
Derivative assets156.2 — 156.2 — 
Total assets$3,693.3 $2,947.1 $746.2 $— 
Liabilities:
Accrued liabilities:
Derivative liabilities$21.0 $— $21.0 $— 
Other long-term liabilities:
Derivative liabilities34.0 — 34.0 — 
Total liabilities$55.0 $— $55.0 $— 
There were no material transfers between levels and there was no significant activity within Level 3 instruments during the periods presented. The fair values of any financial instruments presented above exclude the impact of netting assets and liabilities when a legally enforceable master netting agreement exists.
Gross unrealized holding gains and losses on available-for-sale debt securities, structured deposits and marketable equity securities were not material as of July 2, 2023 and October 2, 2022.
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Assets and liabilities recognized or disclosed at fair value on the consolidated financial statements on a nonrecurring basis include items such as property, plant and equipment, ROU assets, goodwill and other intangible assets and other assets. These assets are measured at fair value if determined to be impaired.
The estimated fair value of our long-term debt based on the quoted market price (Level 2) is included at Note 8, Debt. There were no material fair value adjustments during the three quarters ended July 2, 2023 and July 3, 2022.
v3.23.2
Inventories
 9 Months Ended
Jul. 02, 2023
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block] Inventories (in millions):
Jul 2, 2023Oct 2, 2022
Coffee:
Unroasted$926.7 $1,018.6 
Roasted270.9 310.3 
Other merchandise held for sale345.8 430.9 
Packaging and other supplies443.6 416.8 
Total$1,987.0 $2,176.6 
Other merchandise held for sale includes, among other items, serveware, food and tea. Inventory levels vary due to seasonality, commodity market supply and price fluctuations.
As of July 2, 2023, we had committed to purchasing green coffee totaling $300.5 million under fixed-price contracts and an estimated $786.0 million under price-to-be-fixed contracts. A portion of our price-to-be-fixed contracts are effectively fixed through the use of futures. See Note 3, Derivative Financial Instruments, for further discussion. Price-to-be-fixed contracts are purchase commitments whereby the quality, quantity, delivery period and other negotiated terms are agreed upon, but the date, and therefore the price, at which the base “C” coffee commodity price component will be fixed has not yet been established. For most contracts, either Starbucks or the seller has the option to “fix” the base “C” coffee commodity price prior to the delivery date. For other contracts, Starbucks and the seller may agree upon pricing parameters determined by the base “C” coffee commodity price. Until prices are fixed, we estimate the total cost of these purchase commitments. We believe, based on established relationships with our suppliers and continuous monitoring, the risk of non-delivery on these purchase commitments is remote.
v3.23.2
Supplemental Balance Sheet and Income Statement
 9 Months Ended
Jul. 02, 2023
Balance Sheet Related Disclosures [Abstract]  
Supplemental Balance Sheet and Income Statement Disclosures Supplemental Balance Sheet and Statement of Earnings Information (in millions):
Property, Plant and Equipment, net
Jul 2, 2023Oct 2, 2022
Land$46.1 $46.1 
Buildings622.7 555.4 
Leasehold improvements9,731.5 9,066.8 
Store equipment3,203.9 3,018.2 
Roasting equipment829.1 838.5 
Furniture, fixtures and other1,578.0 1,526.1 
Work in progress729.9 558.7 
Property, plant and equipment, gross16,741.2 15,609.8 
Accumulated depreciation(9,687.7)(9,049.3)
Property, plant and equipment, net$7,053.5 $6,560.5 
Accrued Liabilities
Jul 2, 2023Oct 2, 2022
Accrued occupancy costs$82.3 $84.6 
Accrued dividends payable607.0 608.3 
Accrued capital and other operating expenditures737.2 878.1 
Self-insurance reserves255.1 232.3 
Income taxes payable184.2 139.2 
Accrued business taxes194.7 194.6 
Total accrued liabilities$2,060.5 $2,137.1 
Store Operating Expenses
Quarter EndedThree Quarters Ended
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Wages and benefits$2,185.7 $1,983.0 $6,575.6 $6,012.0 
Occupancy costs727.4 652.9 2,102.2 1,983.1 
Other expenses784.5 666.6 2,321.1 2,022.0 
Total store operating expenses$3,697.6 $3,302.5 $10,998.9 $10,017.1 
v3.23.2
Other Intangible Assets and Goodwill
 9 Months Ended
Jul. 02, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block] Other Intangible Assets and Goodwill
Indefinite-Lived Intangible Assets
(in millions)Jul 2, 2023Oct 2, 2022
Trade names, trademarks and patents$79.1 $97.5 

Finite-Lived Intangible Assets
Jul 2, 2023Oct 2, 2022
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired and reacquired rights$966.5 $(966.5)$— $990.0 $(990.0)$— 
Acquired trade secrets and processes27.6 (27.6)— 27.6 (27.3)0.3 
Trade names, trademarks and patents130.2 (87.2)43.0 124.6 (69.6)55.0 
Licensing agreements16.9 (14.6)2.3 19.3 (16.2)3.1 
Other finite-lived intangible assets20.3 (20.3)— 20.6 (20.6)— 
Total finite-lived intangible assets$1,161.5 $(1,116.2)$45.3 $1,182.1 $(1,123.7)$58.4 
Amortization expense for finite-lived intangible assets was $5.4 million and $16.4 million for the quarter and three quarters ended July 2, 2023, respectively, and $47.6 million and $147.0 million for the quarter and three quarters ended July 3, 2022, respectively.
Estimated future amortization expense as of July 2, 2023 (in millions):
Fiscal YearTotal
2023 (excluding the three quarters ended July 2, 2023)
$5.0 
202419.7 
202514.0 
20262.0 
20271.7 
Thereafter2.9 
Total estimated future amortization expense$45.3 
Goodwill
Changes in the carrying amount of goodwill by reportable operating segment (in millions):
North AmericaInternationalChannel DevelopmentCorporate and OtherTotal
Goodwill balance at October 2, 2022
$491.1 $2,756.7 $34.7 $1.0 $3,283.5 
Other(1)
0.9 (33.5)— — (32.6)
Goodwill balance at July 2, 2023
$492.0 $2,723.2 $34.7 $1.0 $3,250.9 
(1)“Other” consists of changes in the goodwill balance resulting from foreign currency translation.
v3.23.2
Debt
 9 Months Ended
Jul. 02, 2023
Debt Disclosure [Abstract]  
Debt Debt
Revolving Credit Facility
Our $3.0 billion unsecured five-year revolving credit facility (the “2021 credit facility”), of which $150.0 million may be used for issuances of letters of credit, is currently set to mature on September 16, 2026. The 2021 credit facility is available for working capital, capital expenditures and other corporate purposes, including acquisitions and share repurchases. We have the option, subject to negotiation and agreement with the related banks, to increase the maximum commitment amount by an additional $1.0 billion.
Borrowings under the 2021 credit facility, which was most recently amended in April 2023, will bear interest at a variable rate based on Term SOFR, and, for U.S. dollar-denominated loans under certain circumstances, a Base Rate (as defined in the 2021 credit facility), in each case plus an applicable margin. The applicable margin is based on the Company’s long-term credit ratings assigned by the Moody’s and Standard & Poor’s rating agencies. The “Base Rate” is the highest of (i) the Federal Funds Rate (as defined in the 2021 credit facility) plus 0.500%, (ii) Bank of America’s prime rate, and (iii) Term SOFR plus 1.000%. Term SOFR means the forward-looking SOFR term rate administrated by the Chicago Mercantile Exchange plus a SOFR Adjustment of 0.100%.
The 2021 credit facility contains provisions requiring us to maintain compliance with certain covenants, including a minimum fixed charge coverage ratio, which measures our ability to cover financing expenses. As of July 2, 2023, we were in compliance with all applicable covenants. No amounts were outstanding under our 2021 credit facility as of July 2, 2023 or October 2, 2022.
Short-term Debt
Under our commercial paper program, we may issue unsecured commercial paper notes up to a maximum aggregate amount outstanding at any time of $3.0 billion, with individual maturities that may vary but not exceed 397 days from the date of issue. Amounts outstanding under the commercial paper program are required to be backstopped by available commitments under our 2021 credit facility. The proceeds from borrowings under our commercial paper program may be used for working capital needs, capital expenditures and other corporate purposes, including, but not limited to, business expansion, payment of cash dividends on our common stock and share repurchases. As of July 2, 2023, we had no borrowings outstanding under the program. As of October 2, 2022, we had $175.0 million in borrowings outstanding under this program.
Additionally, we hold the following Japanese yen-denominated credit facilities that are available for working capital needs and capital expenditures within our Japanese market:
•A ¥5 billion, or $34.5 million, credit facility is currently set to mature on January 4, 2024. Borrowings under this credit facility are subject to terms defined within the facility and will bear interest at a variable rate based on Tokyo Interbank Offered Rate ("TIBOR") plus an applicable margin of 0.400%.
•A ¥10 billion, or $69.1 million, credit facility is currently set to mature on March 27, 2024. Borrowings under this credit facility are subject to terms defined within the facility and will bear interest at a variable rate based on TIBOR plus an applicable margin of 0.300%.
As of July 2, 2023, we had ¥5 billion, or $34.5 million, of borrowings outstanding under these credit facilities. As of October 2, 2022, we had no borrowings outstanding under these credit facilities.
Long-term Debt
Components of long-term debt including the associated interest rates and related estimated fair values by calendar maturity (in millions, except interest rates):
Jul 2, 2023Oct 2, 2022Stated Interest Rate
Effective Interest Rate(1)
IssuanceAmountEstimated Fair ValueAmountEstimated Fair Value
March 2023 notes$— $— $1,000.0 $996.5 3.100 %3.107 %
October 2023 notes(2)
750.0 747.1 750.0 744.8 3.850 %2.859 %
February 2024 notes(3)
500.0 500.4 500.0 497.3 5.600 %5.830 %
March 2024 notes(4)
587.2 586.9 588.4 584.7 0.372 %0.462 %
August 2025 notes1,250.0 1,209.1 1,250.0 1,209.6 3.800 %3.721 %
February 2026 notes1,000.0 990.0 — — 4.750 %4.788 %
June 2026 notes500.0 464.6 500.0 458.3 2.450 %2.511 %
March 2027 notes500.0 449.5 500.0 437.9 2.000 %2.058 %
March 2028 notes600.0 563.2 600.0 554.8 3.500 %3.529 %
November 2028 notes750.0 719.0 750.0 704.7 4.000 %3.958 %
August 2029 notes(2)
1,000.0 931.1 1,000.0 900.3 3.550 %3.840 %
March 2030 notes750.0 634.4 750.0 607.7 2.250 %3.084 %
November 2030 notes1,250.0 1,061.2 1,250.0 1,017.9 2.550 %2.582 %
February 2032 notes1,000.0 864.9 1,000.0 827.1 3.000 %3.155 %
February 2033 notes500.0 493.1 — — 4.800 %3.798 %
June 2045 notes350.0 304.5 350.0 281.5 4.300 %4.348 %
December 2047 notes500.0 393.5 500.0 369.6 3.750 %3.765 %
November 2048 notes1,000.0 890.3 1,000.0 824.6 4.500 %4.504 %
August 2049 notes1,000.0 881.3 1,000.0 817.8 4.450 %4.447 %
March 2050 notes500.0 367.5 500.0 342.0 3.350 %3.362 %
November 2050 notes1,250.0 945.2 1,250.0 874.9 3.500 %3.528 %
Total15,537.2 13,996.8 15,038.4 13,052.0 
Aggregate debt issuance costs and unamortized premium/(discount), net(116.6)(117.2)
Hedge accounting fair value adjustment(2)
(40.3)(52.3)
Total$15,380.3 $14,868.9 
(1)Includes the effects of the amortization of any premium or discount and any gain or loss upon settlement of related treasury locks or forward-starting interest rate swaps utilized to hedge interest rate risk prior to the debt issuance.
(2)Amount includes the change in fair value due to changes in benchmark interest rates related to hedging our October 2023 notes and $350 million of our August 2029 notes. Refer to Note 3, Derivative Financial Instruments, for additional information on our interest rate swaps designated as fair value hedges.
(3)Floating rate notes which bear interest at a rate equal to Compounded SOFR (as defined in the February 2024 notes) plus 0.420%, resulting in a stated interest rate of 5.600% at July 2, 2023.
(4)Japanese yen-denominated long-term debt.
The following table summarizes our long-term debt maturities as of July 2, 2023 by fiscal year (in millions):
Fiscal Year Total
2023$750.0 
20241,087.2 
20251,250.0 
20261,500.0 
2027500.0 
Thereafter10,450.0 
Total$15,537.2 
v3.23.2
Leases
 9 Months Ended
Jul. 02, 2023
Leases [Abstract]  
Leases Leases
The components of lease costs (in millions):
Quarter EndedThree Quarters Ended
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Operating lease costs(1)
$401.6 $386.5 $1,188.2 $1,166.0 
Variable lease costs264.1 221.5 753.3 687.1 
Short-term lease costs7.0 6.9 20.9 21.1 
Total lease costs$672.7 $614.9 $1,962.4 $1,874.2 
(1)Includes immaterial amounts of sublease income and rent concessions.
The following table includes supplemental information (in millions):
Three Quarters Ended
Jul 2, 2023Jul 3, 2022
Cash paid related to operating lease liabilities$1,234.8 $1,248.7 
Operating lease liabilities arising from obtaining ROU assets1,245.5 1,121.6 
Jul 2, 2023Jul 3, 2022
Weighted-average remaining operating lease term8.5 years8.5 years
Weighted-average operating lease discount rate3.0 %2.5 %
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. There were no material finance leases as of July 2, 2023 and October 2, 2022.
Minimum future maturities of operating lease liabilities (in millions):
Fiscal YearTotal
2023 (excluding the three quarters ended July 2, 2023)
$384.8 
20241,527.5 
20251,458.8 
20261,313.8 
20271,128.2 
Thereafter4,428.2 
Total lease payments10,241.3 
Less imputed interest(1,284.9)
Total$8,956.4 
As of July 2, 2023, we have entered into operating leases that have not yet commenced of $1.4 billion, primarily related to real estate leases. These leases will commence between fiscal year 2023 and fiscal year 2026 with lease terms ranging from two to twenty years.
v3.23.2
Deferred Revenue
 9 Months Ended
Jul. 02, 2023
Revenue from Contract with Customer Deferred Revenue
Our deferred revenue primarily consists of the prepaid royalty from Nestlé, for which we have continuing performance obligations to support the Global Coffee Alliance, our unredeemed stored value card liability and unredeemed loyalty points (“Stars”) associated with our loyalty program.
As of July 2, 2023, the current and long-term deferred revenue related to Nestlé was $177.0 million and $6.0 billion, respectively. As of October 2, 2022, the current and long-term deferred revenue related to the Nestlé up-front payment was $177.0 million and $6.2 billion, respectively. During the quarter and three quarters ended July 2, 2023, we recognized $44.1 million and $132.3 million of prepaid royalty revenue related to Nestlé. During the quarter and three quarters ended July 3, 2022, we recognized $44.1 million and $132.5 million of prepaid royalty revenue related to Nestlé.
Changes in our deferred revenue balance related to our stored value cards and loyalty program (in millions):
Quarter Ended July 2, 2023
Total
Stored value cards and loyalty program at April 2, 2023
$1,664.5 
Revenue deferred - card activations, card reloads and Stars earned3,641.3 
Revenue recognized - card and Stars redemptions and breakage(3,662.9)
Other(1)
(14.7)
Stored value cards and loyalty program at July 2, 2023(2)
$1,628.2 
Quarter Ended July 3, 2022
Total
Stored value cards and loyalty program at April 3, 2022
$1,645.2 
Revenue deferred - card activations, card reloads and Stars earned3,282.6 
Revenue recognized - card and Stars redemptions and breakage(3,312.3)
Other(1)
(21.7)
Stored value cards and loyalty program at July 3, 2022(2)
$1,593.8 
Three Quarters Ended July 2, 2023
Total
Stored value cards and loyalty program at October 2, 2022
$1,503.0 
Revenue deferred - card activations, card reloads and Stars earned11,280.7 
Revenue recognized - card and Stars redemptions and breakage(11,155.4)
Other(1)
(0.1)
Stored value cards and loyalty program at July 2, 2023(2)
$1,628.2 
Three Quarters Ended July 3, 2022
Total
Stored value cards and loyalty program at October 3, 2021
$1,448.5 
Revenue deferred - card activations, card reloads and Stars earned10,324.1 
Revenue recognized - card and Stars redemptions and breakage(10,149.4)
Other(1)
(29.4)
Stored value cards and loyalty program at July 3, 2022(2)
$1,593.8 
(1)“Other” primarily consists of changes in the stored value cards and loyalty program balances resulting from foreign currency translation.
(2)As of July 2, 2023 and July 3, 2022, approximately $1.5 billion and $1.5 billion of these amounts were current, respectively.
v3.23.2
Equity
 9 Months Ended
Jul. 02, 2023
Equity [Abstract]  
Equity Equity Changes in AOCI by component, net of tax (in millions):
Quarter Ended Available-for-Sale Debt Securities Cash Flow Hedges Net Investment HedgesTranslation Adjustment and OtherTotal
July 2, 2023
Net gains/(losses) in AOCI, beginning of period$(10.9)$(88.1)$149.6 $(572.2)$(521.6)
Net gains/(losses) recognized in OCI before reclassifications(1.7)0.8 75.5 (317.4)(242.8)
Net (gains)/losses reclassified from AOCI to earnings0.2 (6.8)(5.8)— (12.4)
Other comprehensive income/(loss) attributable to Starbucks(1.5)(6.0)69.7 (317.4)(255.2)
Other comprehensive income/(loss) attributable to NCI — — — (0.7)(0.7)
Net gains/(losses) in AOCI, end of period$(12.4)$(94.1)$219.3 $(890.3)$(777.5)
July 3, 2022
Net gains/(losses) in AOCI, beginning of period$(9.0)$251.7 $103.0 $(85.4)$260.3 
Net gains/(losses) recognized in OCI before reclassifications(1.6)41.0 81.6 (396.9)(275.9)
Net (gains)/losses reclassified from AOCI to earnings0.1 (46.7)(2.8)— (49.4)
Other comprehensive income/(loss) attributable to Starbucks(1.5)(5.7)78.8 (396.9)(325.3)
Net gains/(losses) in AOCI, end of period$(10.5)$246.0 $181.8 $(482.3)$(65.0)
Three Quarters EndedAvailable-for-Sale Debt SecuritiesCash Flow HedgesNet Investment HedgesTranslation Adjustment and OtherTotal
July 2, 2023
Net gains/(losses) in AOCI, beginning of period$(15.5)$199.0 $209.1 $(855.8)$(463.2)
Net gains/(losses) recognized in OCI before reclassifications2.6 (151.5)25.2 (33.8)(157.5)
Net (gains)/losses reclassified from AOCI to earnings0.5 (141.6)(15.0)— (156.1)
Other comprehensive income/(loss) attributable to Starbucks3.1 (293.1)10.2 (33.8)(313.6)
Other comprehensive income/(loss) attributable to NCI — — — (0.7)(0.7)
Net gains/(losses) in AOCI, end of period$(12.4)$(94.1)$219.3 $(890.3)$(777.5)
July 3, 2022
Net gains/(losses) in AOCI, beginning of period$1.5 $158.3 $48.6 $(61.2)$147.2 
Net gains/(losses) recognized in OCI before reclassifications(12.1)170.8 141.1 (421.2)(121.4)
Net (gains)/losses reclassified from AOCI to earnings0.1 (83.1)(7.9)0.1 (90.8)
Other comprehensive income/(loss) attributable to Starbucks(12.0)87.7 133.2 (421.1)(212.2)
Net gains/(losses) in AOCI, end of period$(10.5)$246.0 $181.8 $(482.3)$(65.0)
Impact of reclassifications from AOCI on the consolidated statements of earnings (in millions):
Quarter Ended
AOCI
Components		Amounts Reclassified from AOCIAffected Line Item in
the Statements of Earnings
Jul 2, 2023Jul 3, 2022
Gains/(losses) on available-for-sale debt securities$(0.1)$(0.2)Interest income and other, net
Gains/(losses) on cash flow hedges8.8 55.6 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges7.8 3.8 Interest expense
16.5 59.2 Total before tax
(4.1)(9.8)Tax expense
$12.4 $49.4 Net of tax
Three Quarters Ended
AOCI
Components		Amounts Reclassified from AOCIAffected Line Item in
the Statements of Earnings
Jul 2, 2023Jul 3, 2022
Gains/(losses) on available-for-sale debt securities$(0.5)$(0.2)Interest income and other, net
Gains/(losses) on cash flow hedges161.9 99.0 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges20.1 10.7 Interest expense
181.5 109.5 Total before tax
(25.4)(18.7)Tax expense
$156.1 $90.8 Net of tax
In addition to 2.4 billion shares of authorized common stock with $0.001 par value per share, the Company has authorized 7.5 million shares of preferred stock, none of which was outstanding as of July 2, 2023.
During the three quarters ended July 2, 2023 and July 3, 2022, we repurchased 6.9 million and 36.3 million shares of common stock for $699.3 million and $4.0 billion, respectively. As of July 2, 2023, 45.7 million shares remained available for repurchase under current authorizations.
During the third quarter of fiscal 2023, our Board of Directors approved a quarterly cash dividend to shareholders of $0.53 per share to be paid on August 25, 2023 to shareholders of record as of the close of business on August 11, 2023.
v3.23.2
Employee Stock Plans
 9 Months Ended
Jul. 02, 2023
Share-Based Payment Arrangement [Abstract]  
Employee Stock Plans Employee Stock Plans
As of July 2, 2023, there were 92.5 million shares of common stock available for issuance pursuant to future equity-based compensation awards and 10.4 million shares available for issuance under our employee stock purchase plan.
Stock-based compensation expense recognized in the consolidated statements of earnings (in millions):
 Quarter EndedThree Quarters Ended
 Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Restricted Stock Units (“RSUs”)$69.1 $57.4 $228.3 $207.2 
Options0.1 (0.1)0.2 (0.6)
Total stock-based compensation expense$69.2 $57.3 $228.5 $206.6 
Stock option and RSU transactions from October 2, 2022 through July 2, 2023 (in millions):
Stock OptionsRSUs
Options outstanding/Nonvested RSUs, October 2, 2022
4.1 7.0 
Granted— 4.3 
Options exercised/RSUs vested(2.0)(2.9)
Forfeited/expired0.0 (0.9)
Options outstanding/Nonvested RSUs, July 2, 2023
2.1 7.5 
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of July 2, 2023
$— $223.9 
v3.23.2
Earnings Per Share
 9 Months Ended
Jul. 02, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Earnings per Share
Calculation of net earnings per common share (“EPS”) — basic and diluted (in millions, except EPS):
 Quarter EndedThree Quarters Ended
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Net earnings attributable to Starbucks$1,141.7 $912.9 $2,905.2 $2,403.3 
Weighted average common shares outstanding (for basic calculation)1,145.9 1,147.0 1,147.6 1,155.3 
Dilutive effect of outstanding common stock options and RSUs4.6 4.0 4.4 5.2 
Weighted average common and common equivalent shares outstanding (for diluted calculation)1,150.5 1,151.0 1,152.0 1,160.5 
EPS — basic$1.00 $0.80 $2.53 $2.08 
EPS — diluted$0.99 $0.79 $2.52 $2.07 
Potential dilutive shares consist of the incremental common shares issuable upon the exercise of outstanding stock options (both vested and non-vested) and unvested RSUs, calculated using the treasury stock method. The calculation of dilutive shares outstanding excludes anti-dilutive stock options or unvested RSUs, which were immaterial in the periods presented.
v3.23.2
Commitments and Contingencies
 9 Months Ended
Jul. 02, 2023
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block] Commitments and Contingencies
Legal Proceedings
Starbucks is involved in various legal proceedings arising in the ordinary course of business, including certain employment litigation cases that have been certified as class or collective actions, but is not currently a party to any legal proceeding that management believes could have a material adverse effect on our consolidated financial position, results of operations or cash flows.
v3.23.2
Segment Reporting
 9 Months Ended
Jul. 02, 2023
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Segment information is prepared on the same basis that our chief executive officer, who is our chief operating decision maker, manages the segments, evaluates financial results and makes key operating decisions.
Consolidated revenue mix by product type (in millions):
Quarter EndedThree Quarters Ended
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Beverage(1)
$5,587.9 61 %$4,944.6 61 %$15,988.9 60 %$14,442.9 61 %
Food(2)
1,704.5 19 %1,472.0 18 %4,861.0 18 %4,271.5 18 %
Other(3)
1,875.9 20 %1,733.5 21 %5,752.1 22 %5,121.7 21 %
Total$9,168.3 100 %$8,150.1 100 %$26,602.0 100 %$23,836.1 100 %
(1)Beverage represents sales within our company-operated stores.
(2)Food includes sales within our company-operated stores.
(3)Other primarily consists of packaged and single-serve coffees and teas, royalty and licensing revenues, beverage-related ingredients and serveware, among other items.
The tables below present financial information for our reportable operating segments and Corporate and Other segment (in millions):
Quarter Ended
North AmericaInternationalChannel DevelopmentCorporate and OtherTotal
July 2, 2023
Total net revenues$6,737.8 $1,972.9 $448.8 $8.8 $9,168.3 
Depreciation and amortization expenses230.4 83.1 0.0 28.7 342.2 
Income from equity investees— 0.8 68.9 — 69.7 
Operating income/(loss)1,463.9 374.5 208.0 (462.5)1,583.9 
July 3, 2022
Total net revenues$6,058.4 $1,584.7 $479.7 $27.3 $8,150.1 
Depreciation and amortization expenses201.2 125.0 0.0 30.6 356.8 
Income from equity investees— 0.4 53.7 — 54.1 
Operating income/(loss)1,330.1 135.3 191.7 (361.6)1,295.5 
Three Quarters Ended
North AmericaInternationalChannel DevelopmentCorporate and OtherTotal
July 2, 2023
Total net revenues$19,669.7 $5,507.8 $1,407.7 $16.8 $26,602.0 
Depreciation and amortization expenses673.5 250.8 0.1 86.8 1,011.2 
Income from equity investees— 2.0 177.0 — 179.0 
Operating income/(loss)3,894.3 929.6 696.4 (1,355.7)4,164.6 
July 3, 2022
Total net revenues$17,236.4 $5,163.1 $1,359.9 $76.7 $23,836.1 
Depreciation and amortization expenses603.2 391.4 0.1 95.8 1,090.5 
Income from equity investees— 1.6 141.9 — 143.5 
Operating income/(loss)3,344.8 615.7 572.7 (1,110.9)3,422.3 
v3.23.2
Pay vs Performance Disclosure - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Pay vs Performance Disclosure        
Net earnings attributable to Starbucks $ 1,141.7 $ 912.9 $ 2,905.2 $ 2,403.3
v3.23.2
Insider Trading Arrangements
 3 Months Ended
Jul. 02, 2023
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.23.2
Summary of Significant Accounting Policies (Policies)
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 02, 2023
Accounting Policies [Abstract]    
Summary Of Significant Accounting Policies (Policies)   Summary of Significant Accounting Policies and Estimates
Financial Statement Preparation
The unaudited consolidated financial statements as of July 2, 2023, and for the quarters and three quarters ended July 2, 2023 and July 3, 2022, have been prepared by Starbucks Corporation under the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, the financial information for the quarters and three quarters ended July 2, 2023 and July 3, 2022 reflects all adjustments and accruals, which are of a normal recurring nature, necessary for a fair presentation of the financial position, results of operations and cash flows for the interim periods. In this Quarterly Report on Form 10-Q (“10-Q”), Starbucks Corporation is referred to as “Starbucks,” the “Company,” “we,” “us” or “our.”
Segment information is prepared on the same basis that our management reviews financial information for operational decision-making purposes.
The financial information as of October 2, 2022 is derived from our audited consolidated financial statements and notes for the fiscal year ended October 2, 2022 (“fiscal 2022”) included in Item 8 in the Fiscal 2022 Annual Report on Form 10-K (“10-K”). The information included in this 10-Q should be read in conjunction with the footnotes and management’s discussion and analysis of the consolidated financial statements in the 10-K.
The results of operations for the quarter and three quarters ended July 2, 2023 are not necessarily indicative of the results of operations that may be achieved for the entire fiscal year ending October 1, 2023 (“fiscal 2023”).
The novel coronavirus, known as the global COVID-19 pandemic, was first identified in December 2019 before spreading to markets where we have company-operated or licensed stores. We have since established the necessary protocols to operate safely, and in many of our markets, our businesses demonstrated powerful momentum beyond recovery from the COVID-19 pandemic. During the quarter ended July 2, 2023, our China market continued its recovery from pandemic-related business interruptions in previous quarters that had suppressed customer mobility. We continue to monitor the COVID-19 pandemic and its effect on our business and results of operations; however, we cannot predict the duration, scope or severity of the COVID-19 pandemic or its future impact on our business, results of operations, cash flows and financial condition.
Restructuring
In fiscal 2022, we announced our plan in the U.S. market to increase efficiency while elevating the partner and customer experience (the “Reinvention Plan”). We believe the company-operated market investments in partner wages and trainings have increased retention and productivity while the acceleration of purpose-built store concepts and innovations in technologies will provide additional convenience and connection with our customers. As a result of the restructuring efforts in connection with the Reinvention Plan, we recorded an immaterial charge on our consolidated statements of earnings during the quarter and three quarters ended July 2, 2023. Future restructuring and impairment costs attributable to our Reinvention Plan are not expected to be material.
As of July 2, 2023 and October 2, 2022, there were no material restructuring-related accrued liabilities on our consolidated balance sheets.
Recent Accounting Pronouncements (Policies)
Recently Adopted Accounting Pronouncements
In the first quarter of fiscal 2022, we adopted the Financial Accounting Standards Board (“FASB”) issued guidance related to reference rate reform. The pronouncement provides temporary optional expedients and exceptions to the current guidance on contract modifications and hedge accounting to ease the financial reporting burden related to the expected market transition from the London Interbank Offered Rate (“LIBOR”) and other interbank offered rates to alternative reference rates. The guidance was effective upon issuance and generally can be applied to applicable contract modifications through December 31, 2024. The adoption of the new guidance did not have a material impact on our financial statements.
  
v3.23.2
Derivative Financial Instruments (Tables)
 9 Months Ended
Jul. 02, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Gains and Losses Included in AOCI and Expected to be Reclassified into Earnings in 12 Months, Net of Tax Gains and losses on derivative contracts and foreign currency-denominated debt designated as hedging instruments included in AOCI and expected to be reclassified into earnings within 12 months, net of tax (in millions):
Net Gains/(Losses)
Included in AOCI
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months
Outstanding Contract/Debt Remaining Maturity
(Months)
Jul 2, 2023Oct 2, 2022
Cash Flow Hedges:
Coffee$(107.6)$153.9 $(95.6)6
Cross-currency swaps(1.1)(1.9)— 17
Dairy (5.2)(2.6)(5.2)9
Foreign currency - other25.7 55.3 18.2 33
Interest rates(5.9)(5.8)(1.7)0
Net Investment Hedges:
Cross-currency swaps76.5 67.3 — 105
Foreign currency16.0 16.1 — 0
Foreign currency debt126.8 125.7 — 9
Pretax Gains and Losses on Derivative Contracts Designated as Hedging Instruments Recognized in OCI and Reclassifications from AOCI to Earnings Pre-tax gains and losses on derivative contracts and foreign currency-denominated long-term debt designated as hedging instruments recognized in other comprehensive income (“OCI”) and reclassifications from AOCI to earnings (in millions):
Quarter Ended
Gains/(Losses) Recognized in
OCI Before Reclassifications
Gains/(Losses) Reclassified from
AOCI to Earnings
Location of gain/(loss)
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Cash Flow Hedges:
Coffee$(20.0)$(19.3)$0.3 $32.2 Product and distribution costs
Cross-currency swaps4.2 12.9 (3.5)(2.1)Interest expense
7.5 16.0 Interest income and other, net
Dairy(6.1)(1.4)(3.8)4.4 Product and distribution costs
Foreign currency - other26.5 43.4 6.1 6.6 Licensed stores revenue
1.4 (0.9)Product and distribution costs
Interest rates— 18.8 0.8 (0.6)Interest expense
Net Investment Hedges:
Cross-currency swaps 47.6 37.0 7.8 3.8 Interest expense
Foreign currency debt53.4 72.2 — — 
Three Quarters Ended
Gains/(Losses) Recognized in
OCI Before Reclassifications		Gains/(Losses) Reclassified from
AOCI to Earnings		Location of gain/(loss)
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Cash Flow Hedges:
Coffee$(139.9)$76.1 $156.9 $56.6 Product and distribution costs
Cross-currency swaps(10.0)22.3 (9.2)(3.7)Interest expense
(1.7)32.3 Interest income and other, net
Dairy(12.0)6.6 (8.6)6.8 Product and distribution costs
Foreign currency - other(15.7)51.1 18.0 11.0 Licensed stores revenue
5.8 (2.5)Product and distribution costs
0.2 — Interest income and other, net
Interest rates0.3 54.2 0.5 (1.5)Interest expense
Net Investment Hedges:
Cross-currency swaps 32.5 51.2 20.1 10.7 Interest expense
Foreign currency debt1.2 137.6 — — 
Pretax Gains and Losses on Derivative Contracts Not Designated as Hedging Instruments Recognized in Earnings Pre-tax gains and losses on non-designated derivatives and designated fair value hedging instruments and the related fair value hedged item recognized in earnings (in millions):
Gains/(Losses) Recognized in Earnings
Location of gain/(loss) recognized in earnings Quarter EndedThree Quarters Ended
 Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Non-Designated Derivatives:
DairyInterest income and other, net$(0.1)$0.1 $(0.1)$0.2 
Foreign currency - otherInterest income and other, net— 6.4 (10.0)28.2 
CoffeeInterest income and other, net— (0.2)(5.5)9.1 
Diesel fuel and other commoditiesInterest income and other, net(1.0)3.3 (2.9)4.0 
Fair Value Hedges:
Interest rate swapInterest expense(12.2)(11.6)(9.1)(37.7)
Long-term debt (hedged item)Interest expense3.4 14.5 (12.0)47.5 
Notional Amounts of Outstanding Derivative Contracts Notional amounts of outstanding derivative contracts (in millions):
Jul 2, 2023Oct 2, 2022
Coffee$373 $649 
Cross-currency swaps1,092 741 
Dairy67 94 
Diesel fuel and other commodities24 33 
Foreign currency - other 1,190 1,269 
Interest rate swaps1,100 1,100 
Fair Value of Outstanding Derivative Contracts Fair value of outstanding derivative contracts (in millions) including the location of the asset and/or liability on the consolidated balance sheets:
Derivative Assets
Balance Sheet LocationJul 2, 2023Oct 2, 2022
Designated Derivative Instruments:
Cross-currency swapsOther long-term assets$117.3 $115.4 
DairyPrepaid expenses and other current assets 0.1 0.5 
Foreign currency - otherPrepaid expenses and other current assets27.3 39.9 
Other long-term assets17.4 33.5 
Non-designated Derivative Instruments:
Diesel fuel and other commoditiesPrepaid expenses and other current assets0.2 0.4 
Foreign currencyPrepaid expenses and other current assets6.7 34.3 
Other long-term assets— 7.3 
Derivative Liabilities
Balance Sheet LocationJul 2, 2023Oct 2, 2022
Designated Derivative Instruments:
DairyAccrued liabilities$3.0 $2.9 
Foreign currency - otherAccrued liabilities5.5 0.3 
Other long-term liabilities5.5 — 
Interest rate swapsAccrued liabilities12.9 12.0 
Other long-term liabilities37.1 34.0 
Non-designated Derivative Instruments:
Diesel fuel and other commoditiesAccrued liabilities1.2 — 
Foreign currencyAccrued liabilities2.0 5.8 
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] The following amounts were recorded on the consolidated balance sheets related to fixed-to-floating interest rate swaps designated in fair value hedging relationships (in millions):
Carrying amount of hedged itemCumulative amount of fair value hedging adjustment included in the carrying amount
Jul 2, 2023Oct 2, 2022Jul 2, 2023Oct 2, 2022
Location on the balance sheet
Long-term debt$1,059.7 $1,047.7 $(40.3)$(52.3)
v3.23.2
Fair Value Measurements (Tables)
 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Fair Value Disclosures [Abstract]    
Assets And Liabilities Measured At Fair Value On A Recurring Basis
  Fair Value Measurements at Reporting Date Using
 Balance at
July 2, 2023		Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant  Other Observable Inputs
(Level 2)		Significant Unobservable  Inputs
(Level 3)
Assets:
Cash and cash equivalents$3,357.0 $3,357.0 $— $— 
Short-term investments:
Available-for-sale debt securities
Corporate debt securities68.4 — 68.4 — 
U.S. government treasury securities6.9 6.9 — — 
Foreign government obligations3.9 — 3.9 — 
Total available-for-sale debt securities79.2 6.9 72.3 — 
Structured deposits111.1 — 111.1 — 
Marketable equity securities72.7 72.7 — — 
Total short-term investments263.0 79.6 183.4 — 
Prepaid expenses and other current assets:
Derivative assets34.3 — 34.3 — 
Long-term investments:
Available-for-sale debt securities
Corporate debt securities86.3 — 86.3 — 
Mortgage and other asset-backed securities47.5 — 47.5 — 
State and local government obligations1.3 — 1.3 — 
U.S. government treasury securities103.5 103.5 — — 
Total long-term investments238.6 103.5 135.1 — 
Other long-term assets:
Derivative assets134.7 — 134.7 — 
Total assets$4,027.6 $3,540.1 $487.5 $— 
Liabilities:
Accrued liabilities:
Derivative liabilities$24.6 $— $24.6 $— 
Other long-term liabilities:
Derivative liabilities42.6 — 42.6 — 
Total liabilities$67.2 $— $67.2 $— 
  Fair Value Measurements at Reporting Date Using
 Balance at
October 2, 2022		Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant Other Observable Inputs
(Level 2)
Significant
Unobservable  Inputs
(Level 3)
Assets:
Cash and cash equivalents$2,818.4 $2,797.3 $21.1 $— 
Short-term investments:
Available-for-sale debt securities
Corporate debt securities22.4 — 22.4 — 
U.S. government treasury securities9.3 9.3 — — 
Total available-for-sale debt securities31.7 9.3 22.4 — 
Structured deposits275.1 — 275.1 — 
Marketable equity securities57.7 57.7 — — 
Total short-term investments364.5 67.0 297.5 — 
Prepaid expenses and other current assets:
Derivative assets75.1 — 75.1 — 
Long-term investments:
Available-for-sale debt securities
Corporate debt securities134.7 — 134.7 — 
Foreign government obligations3.8 — 3.8 — 
Mortgage and other asset-backed securities56.5 — 56.5 — 
State and local government obligations1.3 — 1.3 — 
U.S. government treasury securities82.8 82.8 — — 
Total long-term investments279.1 82.8 196.3 — 
Other long-term assets:
Derivative assets156.2 — 156.2 — 
Total assets$3,693.3 $2,947.1 $746.2 $— 
Liabilities:
Accrued liabilities:
Derivative liabilities$21.0 $— $21.0 $— 
Other long-term liabilities:
Derivative liabilities34.0 — 34.0 — 
Total liabilities$55.0 $— $55.0 $— 
v3.23.2
Inventories (Tables)
 9 Months Ended
Jul. 02, 2023
Inventory Disclosure [Abstract]  
Inventories
Jul 2, 2023Oct 2, 2022
Coffee:
Unroasted$926.7 $1,018.6 
Roasted270.9 310.3 
Other merchandise held for sale345.8 430.9 
Packaging and other supplies443.6 416.8 
Total$1,987.0 $2,176.6 
v3.23.2
Supplemental Balance Sheet and Statement of Earnings Information (Tables)
 9 Months Ended
Jul. 02, 2023
Balance Sheet Related Disclosures [Abstract]  
Property, Plant And Equipment, net Property, Plant and Equipment, net
Jul 2, 2023Oct 2, 2022
Land$46.1 $46.1 
Buildings622.7 555.4 
Leasehold improvements9,731.5 9,066.8 
Store equipment3,203.9 3,018.2 
Roasting equipment829.1 838.5 
Furniture, fixtures and other1,578.0 1,526.1 
Work in progress729.9 558.7 
Property, plant and equipment, gross16,741.2 15,609.8 
Accumulated depreciation(9,687.7)(9,049.3)
Property, plant and equipment, net$7,053.5 $6,560.5 
Accrued Liabilities Accrued Liabilities
Jul 2, 2023Oct 2, 2022
Accrued occupancy costs$82.3 $84.6 
Accrued dividends payable607.0 608.3 
Accrued capital and other operating expenditures737.2 878.1 
Self-insurance reserves255.1 232.3 
Income taxes payable184.2 139.2 
Accrued business taxes194.7 194.6 
Total accrued liabilities$2,060.5 $2,137.1 
Income Statement Related Disclosures [Abstract]  
Store Operating Expenses
Store Operating Expenses
Quarter EndedThree Quarters Ended
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Wages and benefits$2,185.7 $1,983.0 $6,575.6 $6,012.0 
Occupancy costs727.4 652.9 2,102.2 1,983.1 
Other expenses784.5 666.6 2,321.1 2,022.0 
Total store operating expenses$3,697.6 $3,302.5 $10,998.9 $10,017.1 
v3.23.2
Other Intangible Assets and Goodwill (Tables)
 9 Months Ended
Jul. 02, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Indefinite-Lived Intangible Assets
(in millions)Jul 2, 2023Oct 2, 2022
Trade names, trademarks and patents$79.1 $97.5 
Finite-Lived Intangible Assets
Jul 2, 2023Oct 2, 2022
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired and reacquired rights$966.5 $(966.5)$— $990.0 $(990.0)$— 
Acquired trade secrets and processes27.6 (27.6)— 27.6 (27.3)0.3 
Trade names, trademarks and patents130.2 (87.2)43.0 124.6 (69.6)55.0 
Licensing agreements16.9 (14.6)2.3 19.3 (16.2)3.1 
Other finite-lived intangible assets20.3 (20.3)— 20.6 (20.6)— 
Total finite-lived intangible assets$1,161.5 $(1,116.2)$45.3 $1,182.1 $(1,123.7)$58.4 
Estimated Future Amortization Expense Estimated future amortization expense as of July 2, 2023 (in millions):
Fiscal YearTotal
2023 (excluding the three quarters ended July 2, 2023)
$5.0 
202419.7 
202514.0 
20262.0 
20271.7 
Thereafter2.9 
Total estimated future amortization expense$45.3 
Changed in Carrying Amount of Goodwill by Reportable Operating Segment
Changes in the carrying amount of goodwill by reportable operating segment (in millions):
North AmericaInternationalChannel DevelopmentCorporate and OtherTotal
Goodwill balance at October 2, 2022
$491.1 $2,756.7 $34.7 $1.0 $3,283.5 
Other(1)
0.9 (33.5)— — (32.6)
Goodwill balance at July 2, 2023
$492.0 $2,723.2 $34.7 $1.0 $3,250.9 
(1)“Other” consists of changes in the goodwill balance resulting from foreign currency translation.
v3.23.2
Debt (Tables)
 9 Months Ended
Jul. 02, 2023
Debt Disclosure [Abstract]  
Components of Long-Term Debt Including Associated Interest Rates and Related Estimated Fair Values
Components of long-term debt including the associated interest rates and related estimated fair values by calendar maturity (in millions, except interest rates):
Jul 2, 2023Oct 2, 2022Stated Interest Rate
Effective Interest Rate(1)
IssuanceAmountEstimated Fair ValueAmountEstimated Fair Value
March 2023 notes$— $— $1,000.0 $996.5 3.100 %3.107 %
October 2023 notes(2)
750.0 747.1 750.0 744.8 3.850 %2.859 %
February 2024 notes(3)
500.0 500.4 500.0 497.3 5.600 %5.830 %
March 2024 notes(4)
587.2 586.9 588.4 584.7 0.372 %0.462 %
August 2025 notes1,250.0 1,209.1 1,250.0 1,209.6 3.800 %3.721 %
February 2026 notes1,000.0 990.0 — — 4.750 %4.788 %
June 2026 notes500.0 464.6 500.0 458.3 2.450 %2.511 %
March 2027 notes500.0 449.5 500.0 437.9 2.000 %2.058 %
March 2028 notes600.0 563.2 600.0 554.8 3.500 %3.529 %
November 2028 notes750.0 719.0 750.0 704.7 4.000 %3.958 %
August 2029 notes(2)
1,000.0 931.1 1,000.0 900.3 3.550 %3.840 %
March 2030 notes750.0 634.4 750.0 607.7 2.250 %3.084 %
November 2030 notes1,250.0 1,061.2 1,250.0 1,017.9 2.550 %2.582 %
February 2032 notes1,000.0 864.9 1,000.0 827.1 3.000 %3.155 %
February 2033 notes500.0 493.1 — — 4.800 %3.798 %
June 2045 notes350.0 304.5 350.0 281.5 4.300 %4.348 %
December 2047 notes500.0 393.5 500.0 369.6 3.750 %3.765 %
November 2048 notes1,000.0 890.3 1,000.0 824.6 4.500 %4.504 %
August 2049 notes1,000.0 881.3 1,000.0 817.8 4.450 %4.447 %
March 2050 notes500.0 367.5 500.0 342.0 3.350 %3.362 %
November 2050 notes1,250.0 945.2 1,250.0 874.9 3.500 %3.528 %
Total15,537.2 13,996.8 15,038.4 13,052.0 
Aggregate debt issuance costs and unamortized premium/(discount), net(116.6)(117.2)
Hedge accounting fair value adjustment(2)
(40.3)(52.3)
Total$15,380.3 $14,868.9 
(1)Includes the effects of the amortization of any premium or discount and any gain or loss upon settlement of related treasury locks or forward-starting interest rate swaps utilized to hedge interest rate risk prior to the debt issuance.
(2)Amount includes the change in fair value due to changes in benchmark interest rates related to hedging our October 2023 notes and $350 million of our August 2029 notes. Refer to Note 3, Derivative Financial Instruments, for additional information on our interest rate swaps designated as fair value hedges.
(3)Floating rate notes which bear interest at a rate equal to Compounded SOFR (as defined in the February 2024 notes) plus 0.420%, resulting in a stated interest rate of 5.600% at July 2, 2023.
(4)Japanese yen-denominated long-term debt.
Long-Term Debt Maturities The following table summarizes our long-term debt maturities as of July 2, 2023 by fiscal year (in millions):
Fiscal Year Total
2023$750.0 
20241,087.2 
20251,250.0 
20261,500.0 
2027500.0 
Thereafter10,450.0 
Total$15,537.2 
v3.23.2
Leases (Tables)
 9 Months Ended
Jul. 02, 2023
Leases [Abstract]  
Lease, Cost
The components of lease costs (in millions):
Quarter EndedThree Quarters Ended
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Operating lease costs(1)
$401.6 $386.5 $1,188.2 $1,166.0 
Variable lease costs264.1 221.5 753.3 687.1 
Short-term lease costs7.0 6.9 20.9 21.1 
Total lease costs$672.7 $614.9 $1,962.4 $1,874.2 
(1)Includes immaterial amounts of sublease income and rent concessions.
Supplemental Lease Disclosure The following table includes supplemental information (in millions):
Three Quarters Ended
Jul 2, 2023Jul 3, 2022
Cash paid related to operating lease liabilities$1,234.8 $1,248.7 
Operating lease liabilities arising from obtaining ROU assets1,245.5 1,121.6 
Jul 2, 2023Jul 3, 2022
Weighted-average remaining operating lease term8.5 years8.5 years
Weighted-average operating lease discount rate3.0 %2.5 %
Schedule of Future Minimum Rental Payments for Operating Leases Minimum future maturities of operating lease liabilities (in millions):
Fiscal YearTotal
2023 (excluding the three quarters ended July 2, 2023)
$384.8 
20241,527.5 
20251,458.8 
20261,313.8 
20271,128.2 
Thereafter4,428.2 
Total lease payments10,241.3 
Less imputed interest(1,284.9)
Total$8,956.4 
v3.23.2
Deferred Revenue (Tables)
 9 Months Ended
Jul. 02, 2023
Revenue from Contract with Customer [Abstract]  
Changes in Deferred Revenue Balance Related to Stored Value Cards and Loyalty Program
Changes in our deferred revenue balance related to our stored value cards and loyalty program (in millions):
Quarter Ended July 2, 2023
Total
Stored value cards and loyalty program at April 2, 2023
$1,664.5 
Revenue deferred - card activations, card reloads and Stars earned3,641.3 
Revenue recognized - card and Stars redemptions and breakage(3,662.9)
Other(1)
(14.7)
Stored value cards and loyalty program at July 2, 2023(2)
$1,628.2 
Quarter Ended July 3, 2022
Total
Stored value cards and loyalty program at April 3, 2022
$1,645.2 
Revenue deferred - card activations, card reloads and Stars earned3,282.6 
Revenue recognized - card and Stars redemptions and breakage(3,312.3)
Other(1)
(21.7)
Stored value cards and loyalty program at July 3, 2022(2)
$1,593.8 
Three Quarters Ended July 2, 2023
Total
Stored value cards and loyalty program at October 2, 2022
$1,503.0 
Revenue deferred - card activations, card reloads and Stars earned11,280.7 
Revenue recognized - card and Stars redemptions and breakage(11,155.4)
Other(1)
(0.1)
Stored value cards and loyalty program at July 2, 2023(2)
$1,628.2 
Three Quarters Ended July 3, 2022
Total
Stored value cards and loyalty program at October 3, 2021
$1,448.5 
Revenue deferred - card activations, card reloads and Stars earned10,324.1 
Revenue recognized - card and Stars redemptions and breakage(10,149.4)
Other(1)
(29.4)
Stored value cards and loyalty program at July 3, 2022(2)
$1,593.8 
(1)“Other” primarily consists of changes in the stored value cards and loyalty program balances resulting from foreign currency translation.
(2)As of July 2, 2023 and July 3, 2022, approximately $1.5 billion and $1.5 billion of these amounts were current, respectively.
v3.23.2
Equity (Tables)
 9 Months Ended
Jul. 02, 2023
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Income by component, net of tax Equity Changes in AOCI by component, net of tax (in millions):
Quarter Ended Available-for-Sale Debt Securities Cash Flow Hedges Net Investment HedgesTranslation Adjustment and OtherTotal
July 2, 2023
Net gains/(losses) in AOCI, beginning of period$(10.9)$(88.1)$149.6 $(572.2)$(521.6)
Net gains/(losses) recognized in OCI before reclassifications(1.7)0.8 75.5 (317.4)(242.8)
Net (gains)/losses reclassified from AOCI to earnings0.2 (6.8)(5.8)— (12.4)
Other comprehensive income/(loss) attributable to Starbucks(1.5)(6.0)69.7 (317.4)(255.2)
Other comprehensive income/(loss) attributable to NCI — — — (0.7)(0.7)
Net gains/(losses) in AOCI, end of period$(12.4)$(94.1)$219.3 $(890.3)$(777.5)
July 3, 2022
Net gains/(losses) in AOCI, beginning of period$(9.0)$251.7 $103.0 $(85.4)$260.3 
Net gains/(losses) recognized in OCI before reclassifications(1.6)41.0 81.6 (396.9)(275.9)
Net (gains)/losses reclassified from AOCI to earnings0.1 (46.7)(2.8)— (49.4)
Other comprehensive income/(loss) attributable to Starbucks(1.5)(5.7)78.8 (396.9)(325.3)
Net gains/(losses) in AOCI, end of period$(10.5)$246.0 $181.8 $(482.3)$(65.0)
Three Quarters EndedAvailable-for-Sale Debt SecuritiesCash Flow HedgesNet Investment HedgesTranslation Adjustment and OtherTotal
July 2, 2023
Net gains/(losses) in AOCI, beginning of period$(15.5)$199.0 $209.1 $(855.8)$(463.2)
Net gains/(losses) recognized in OCI before reclassifications2.6 (151.5)25.2 (33.8)(157.5)
Net (gains)/losses reclassified from AOCI to earnings0.5 (141.6)(15.0)— (156.1)
Other comprehensive income/(loss) attributable to Starbucks3.1 (293.1)10.2 (33.8)(313.6)
Other comprehensive income/(loss) attributable to NCI — — — (0.7)(0.7)
Net gains/(losses) in AOCI, end of period$(12.4)$(94.1)$219.3 $(890.3)$(777.5)
July 3, 2022
Net gains/(losses) in AOCI, beginning of period$1.5 $158.3 $48.6 $(61.2)$147.2 
Net gains/(losses) recognized in OCI before reclassifications(12.1)170.8 141.1 (421.2)(121.4)
Net (gains)/losses reclassified from AOCI to earnings0.1 (83.1)(7.9)0.1 (90.8)
Other comprehensive income/(loss) attributable to Starbucks(12.0)87.7 133.2 (421.1)(212.2)
Net gains/(losses) in AOCI, end of period$(10.5)$246.0 $181.8 $(482.3)$(65.0)
Impact of reclassifications from Accumulated Other Comprehensive Income on the consolidated statements of earnings Impact of reclassifications from AOCI on the consolidated statements of earnings (in millions):
Quarter Ended
AOCI
Components		Amounts Reclassified from AOCIAffected Line Item in
the Statements of Earnings
Jul 2, 2023Jul 3, 2022
Gains/(losses) on available-for-sale debt securities$(0.1)$(0.2)Interest income and other, net
Gains/(losses) on cash flow hedges8.8 55.6 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges7.8 3.8 Interest expense
16.5 59.2 Total before tax
(4.1)(9.8)Tax expense
$12.4 $49.4 Net of tax
Three Quarters Ended
AOCI
Components		Amounts Reclassified from AOCIAffected Line Item in
the Statements of Earnings
Jul 2, 2023Jul 3, 2022
Gains/(losses) on available-for-sale debt securities$(0.5)$(0.2)Interest income and other, net
Gains/(losses) on cash flow hedges161.9 99.0 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges20.1 10.7 Interest expense
181.5 109.5 Total before tax
(25.4)(18.7)Tax expense
$156.1 $90.8 Net of tax
v3.23.2
Employee Stock Plans (Tables)
 9 Months Ended
Jul. 02, 2023
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Expense Recognized in Consolidated Statements of Earnings Stock-based compensation expense recognized in the consolidated statements of earnings (in millions):
 Quarter EndedThree Quarters Ended
 Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Restricted Stock Units (“RSUs”)$69.1 $57.4 $228.3 $207.2 
Options0.1 (0.1)0.2 (0.6)
Total stock-based compensation expense$69.2 $57.3 $228.5 $206.6 
Stock Option and RSU Transactions Stock option and RSU transactions from October 2, 2022 through July 2, 2023 (in millions):
Stock OptionsRSUs
Options outstanding/Nonvested RSUs, October 2, 2022
4.1 7.0 
Granted— 4.3 
Options exercised/RSUs vested(2.0)(2.9)
Forfeited/expired0.0 (0.9)
Options outstanding/Nonvested RSUs, July 2, 2023
2.1 7.5 
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of July 2, 2023
$— $223.9 
v3.23.2
Earnings Per Share (Tables)
 9 Months Ended
Jul. 02, 2023
Earnings Per Share [Abstract]  
Calculation of Net Earnings Per Common Share (EPS) - Basic and Diluted Calculation of net earnings per common share (“EPS”) — basic and diluted (in millions, except EPS):
 Quarter EndedThree Quarters Ended
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Net earnings attributable to Starbucks$1,141.7 $912.9 $2,905.2 $2,403.3 
Weighted average common shares outstanding (for basic calculation)1,145.9 1,147.0 1,147.6 1,155.3 
Dilutive effect of outstanding common stock options and RSUs4.6 4.0 4.4 5.2 
Weighted average common and common equivalent shares outstanding (for diluted calculation)1,150.5 1,151.0 1,152.0 1,160.5 
EPS — basic$1.00 $0.80 $2.53 $2.08 
EPS — diluted$0.99 $0.79 $2.52 $2.07 
v3.23.2
Segment Reporting (Tables)
 9 Months Ended
Jul. 02, 2023
Revenue from External Customer [Line Items]  
Revenue from External Customers by Products and Services [Table Text Block]
Consolidated revenue mix by product type (in millions):
Quarter EndedThree Quarters Ended
Jul 2, 2023Jul 3, 2022Jul 2, 2023Jul 3, 2022
Beverage(1)
$5,587.9 61 %$4,944.6 61 %$15,988.9 60 %$14,442.9 61 %
Food(2)
1,704.5 19 %1,472.0 18 %4,861.0 18 %4,271.5 18 %
Other(3)
1,875.9 20 %1,733.5 21 %5,752.1 22 %5,121.7 21 %
Total$9,168.3 100 %$8,150.1 100 %$26,602.0 100 %$23,836.1 100 %
(1)Beverage represents sales within our company-operated stores.
(2)Food includes sales within our company-operated stores.
(3)Other primarily consists of packaged and single-serve coffees and teas, royalty and licensing revenues, beverage-related ingredients and serveware, among other items.
Financial Information For Reportable Operating Segments And All Other Segments
The tables below present financial information for our reportable operating segments and Corporate and Other segment (in millions):
Quarter Ended
North AmericaInternationalChannel DevelopmentCorporate and OtherTotal
July 2, 2023
Total net revenues$6,737.8 $1,972.9 $448.8 $8.8 $9,168.3 
Depreciation and amortization expenses230.4 83.1 0.0 28.7 342.2 
Income from equity investees— 0.8 68.9 — 69.7 
Operating income/(loss)1,463.9 374.5 208.0 (462.5)1,583.9 
July 3, 2022
Total net revenues$6,058.4 $1,584.7 $479.7 $27.3 $8,150.1 
Depreciation and amortization expenses201.2 125.0 0.0 30.6 356.8 
Income from equity investees— 0.4 53.7 — 54.1 
Operating income/(loss)1,330.1 135.3 191.7 (361.6)1,295.5 
Three Quarters Ended
North AmericaInternationalChannel DevelopmentCorporate and OtherTotal
July 2, 2023
Total net revenues$19,669.7 $5,507.8 $1,407.7 $16.8 $26,602.0 
Depreciation and amortization expenses673.5 250.8 0.1 86.8 1,011.2 
Income from equity investees— 2.0 177.0 — 179.0 
Operating income/(loss)3,894.3 929.6 696.4 (1,355.7)4,164.6 
July 3, 2022
Total net revenues$17,236.4 $5,163.1 $1,359.9 $76.7 $23,836.1 
Depreciation and amortization expenses603.2 391.4 0.1 95.8 1,090.5 
Income from equity investees— 1.6 141.9 — 143.5 
Operating income/(loss)3,344.8 615.7 572.7 (1,110.9)3,422.3 
v3.23.2
Acquisitions and Divestitures (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Business Acquisition [Line Items]        
Gain on sale of assets $ 0.0 $ 0.0 $ 91.3 $ 0.0
Proceeds from sale of assets     $ 110.0 $ 0.0
v3.23.2
Derivative Financial Instruments (Derivative Gains and Losses Included in AOCI and Expected to be Reclassified into Earnings in 12 Months, Net of Tax) (Details) - USD ($)
$ in Millions
 3 Months Ended
Jul. 02, 2023
Oct. 02, 2022
Cash Flow Hedging [Member] | Coffee Contracts [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net Gains/(Losses) Included in AOCI $ (107.6) $ 153.9
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ (95.6)  
Outstanding Contract Remaining Maturity (Months) 6 months  
Cash Flow Hedging [Member] | Cross-Currency Swap [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net Gains/(Losses) Included in AOCI $ (1.1) (1.9)
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ 0.0  
Outstanding Contract Remaining Maturity (Months) 17 months  
Cash Flow Hedging [Member] | Dairy Contracts [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net Gains/(Losses) Included in AOCI $ (5.2) (2.6)
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ (5.2)  
Outstanding Contract Remaining Maturity (Months) 9 months  
Cash Flow Hedging [Member] | Foreign Currency Contract - Other [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net Gains/(Losses) Included in AOCI $ 25.7 55.3
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ 18.2  
Outstanding Contract Remaining Maturity (Months) 33 months  
Cash Flow Hedging [Member] | Interest Rate Contract [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net Gains/(Losses) Included in AOCI $ (5.9) (5.8)
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ (1.7)  
Outstanding Contract Remaining Maturity (Months) 0 months  
Net Investment Hedging [Member] | Cross-Currency Swap [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net Gains/(Losses) Included in AOCI $ 76.5 67.3
Net Investment Hedge Gain (Loss) to be Reclassified within Twelve Months $ 0.0  
Outstanding Contract Remaining Maturity (Months) 105 months  
Net Investment Hedging [Member] | Foreign Currency Contract - Other [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net Gains/(Losses) Included in AOCI $ 16.0 16.1
Net Investment Hedge Gain (Loss) to be Reclassified within Twelve Months $ 0.0  
Outstanding Contract Remaining Maturity (Months) 0 months  
Net Investment Hedging [Member] | ForeignExchangeYenDebt [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net Gains/(Losses) Included in AOCI $ 126.8 $ 125.7
Net Investment Hedge Gain (Loss) to be Reclassified within Twelve Months $ 0.0  
Outstanding Contract Remaining Maturity (Months) 9 months  
v3.23.2
Derivative Financial Instruments (Pretax Gains and Losses on Derivative Contracts Designated as Hedging Instruments Recognized in OCI and Reclassifications from AOCI to Earnings) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Oct. 02, 2022
Cash Flow Hedging [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Recognized in OCI Before Reclassifications $ 4.6 $ 54.4 $ (177.3) $ 210.3  
Net Investment Hedging [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Other Comprehensive Income (Loss), Net Investment Hedge, Gain (Loss), before Reclassification and Tax 101.0 109.2 33.7 188.8  
Net Investment Hedging [Member] | Cross-Currency Swap [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivatives used in Net Investment Hedge, Net of Tax 76.5   76.5   $ 67.3
Net Investment Hedging [Member] | Foreign Currency Contract - Other [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivatives used in Net Investment Hedge, Net of Tax 16.0   16.0   16.1
Net Investment Hedging [Member] | ForeignExchangeYenDebt [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivatives used in Net Investment Hedge, Net of Tax 126.8   126.8   $ 125.7
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Coffee Contracts [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Recognized in OCI Before Reclassifications (20.0) (19.3) (139.9) 76.1  
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Cross-Currency Swap [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Recognized in OCI Before Reclassifications 4.2 12.9 (10.0) 22.3  
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Dairy Contracts [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Recognized in OCI Before Reclassifications (6.1) (1.4) (12.0) 6.6  
Gains/(Losses) Reclassified from AOCI to Earnings     (8.6) 6.8  
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Foreign Currency Contract - Other [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Recognized in OCI Before Reclassifications 26.5 43.4 (15.7) 51.1  
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Interest Rate Contract [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Recognized in OCI Before Reclassifications 0.0 18.8 0.3 54.2  
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Cross-Currency Swap [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Recognized in OCI Before Reclassifications   37.0 32.5 51.2  
Gains/(Losses) Reclassified from AOCI to Earnings 7.8 3.8      
Other Comprehensive Income (Loss), Net Investment Hedge, Gain (Loss), before Reclassification and Tax 47.6        
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | ForeignExchangeYenDebt [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Recognized in OCI Before Reclassifications 53.4 72.2 1.2 137.6  
Gains/(Losses) Reclassified from AOCI to Earnings 0.0 0.0 0.0 0.0  
Product and distribution costs | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Coffee Contracts [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings 0.3 32.2 156.9 56.6  
Product and distribution costs | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Dairy Contracts [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings (3.8) 4.4      
Product and distribution costs | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Foreign Currency Contract - Other [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings 1.4 (0.9) 5.8 (2.5)  
Interest Expense [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Cross-Currency Swap [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings (3.5) (2.1) (9.2) (3.7)  
Interest Expense [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Interest Rate Contract [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings 0.8 (0.6) 0.5 (1.5)  
Interest Expense [Member] | Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Cross-Currency Swap [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings     20.1 10.7  
Interest and Other Income [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Cross-Currency Swap [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings 7.5 16.0 (1.7) 32.3  
Interest and Other Income [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Foreign Currency Contract - Other [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings     0.2 0.0  
Franchised Units Revenue [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Foreign Currency Contract - Other [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings $ 6.1 $ 6.6 $ 18.0 $ 11.0  
v3.23.2
Derivative Financial Instruments (Pretax Gains and Losses on Derivative Contracts Not Designated as Hedging Instruments Recognized in Earnings) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Interest Rate Swap [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Derivative, Gain (Loss) on Derivative, Net $ (12.2) $ (11.6) $ (9.1) $ (37.7)
Long-term Debt [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Derivative, Gain (Loss) on Derivative, Net 3.4 14.5 (12.0) 47.5
Interest and Other Income [Member] | Coffee Contracts [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) Recognized in Earnings 0.0 (0.2) (5.5) 9.1
Interest and Other Income [Member] | Dairy Contracts [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) Recognized in Earnings (0.1) 0.1 (0.1) 0.2
Interest and Other Income [Member] | Diesel and Other Contracts [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) Recognized in Earnings (1.0) 3.3 (2.9) 4.0
Interest and Other Income [Member] | Foreign Currency Contract - Other [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) Recognized in Earnings $ 0.0 $ 6.4 $ (10.0) $ 28.2
v3.23.2
Derivative and Financial Instruments (Notional Amounts of Outstanding Derivative Contracts) (Details) - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Coffee Contracts [Member]    
Derivative [Line Items]    
Derivative, Notional Amount $ 373 $ 649
Cross-Currency Swap [Member]    
Derivative [Line Items]    
Derivative, Notional Amount 1,092 741
Dairy Contracts [Member]    
Derivative [Line Items]    
Derivative, Notional Amount 67 94
Diesel and Other Contracts [Member]    
Derivative [Line Items]    
Derivative, Notional Amount 24 33
Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative, Notional Amount 1,190 1,269
Interest Rate Contract [Member]    
Derivative [Line Items]    
Derivative, Notional Amount $ 1,100 $ 1,100
v3.23.2
Derivative Financial Instruments Derivative Financial Instruments (Fair Value of Outstanding Derivative Contracts) (Details) - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Derivative [Line Items]    
Derivative Liabilities $ 67.2  
Prepaid Expenses and Other Current Assets [Member] | Designated as Hedging Instrument [Member] | Dairy Contracts [Member]    
Derivative [Line Items]    
Derivative Assets 0.1 $ 0.5
Prepaid Expenses and Other Current Assets [Member] | Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Assets 27.3 39.9
Prepaid Expenses and Other Current Assets [Member] | Not Designated as Hedging Instrument [Member] | Diesel and Other Contracts [Member]    
Derivative [Line Items]    
Derivative Assets 0.2 0.4
Prepaid Expenses and Other Current Assets [Member] | Not Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Assets 6.7 34.3
Other Long-Term Assets [Member] | Designated as Hedging Instrument [Member] | Cross-Currency Swap [Member]    
Derivative [Line Items]    
Derivative Assets 117.3 115.4
Other Long-Term Assets [Member] | Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Assets 17.4 33.5
Other Long-Term Assets [Member] | Not Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Assets 0.0 7.3
Other Current Liabilities [Member] | Designated as Hedging Instrument [Member] | Dairy Contracts [Member]    
Derivative [Line Items]    
Derivative Liabilities 3.0 2.9
Other Current Liabilities [Member] | Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Liabilities 5.5 0.3
Other Current Liabilities [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]    
Derivative [Line Items]    
Derivative Liabilities 12.9 12.0
Other Current Liabilities [Member] | Not Designated as Hedging Instrument [Member] | Diesel and Other Contracts [Member]    
Derivative [Line Items]    
Derivative Liabilities 1.2 0.0
Other Current Liabilities [Member] | Not Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Liabilities 2.0 5.8
Other Long-Term Liabilities [Member] | Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Liabilities 5.5 0.0
Other Long-Term Liabilities [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]    
Derivative [Line Items]    
Derivative Liabilities $ 37.1 $ 34.0
v3.23.2
Derivative Financial Instruments Interest Rate Swaps (Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position) (Details) - Interest Rate Swap [Member] - Designated as Hedging Instrument [Member] - Long-term Debt [Member] - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability $ 1,059.7 $ 1,047.7
Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease) $ (40.3) $ (52.3)
v3.23.2
Fair Value Measurements (Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Assets:    
Total short-term investments $ 263.0 $ 364.5
Derivative assets, Current 34.3 75.1
Derivative assets, Noncurrent 134.7 156.2
Total Assets 4,027.6 3,693.3
Liabilities:    
Derivative liabilities, Current 24.6 21.0
Derivative liabilities, Noncurrent 42.6 34.0
Derivative Liabilities 67.2  
Total liabilities   55.0
Cash and cash equivalents    
Assets:    
Cash and cash equivalents 3,357.0 2,818.4
Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 79.2 31.7
Marketable equity securities 72.7 57.7
Total short-term investments 263.0 364.5
Structured deposits 111.1 275.1
Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 238.6 279.1
Corporate debt securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 68.4 22.4
Corporate debt securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 86.3 134.7
Foreign Government Obligations [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities   3.8
Foreign Government Short-term Debt Securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 3.9  
Mortgage and other asset-backed securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 47.5 56.5
State and local government obligations | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 1.3 1.3
U.S. government treasury securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 6.9 9.3
U.S. government treasury securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 103.5 82.8
Fair Value, Inputs, Level 1 [Member]    
Assets:    
Derivative assets, Current 0.0 0.0
Derivative assets, Noncurrent 0.0 0.0
Total Assets 3,540.1 2,947.1
Liabilities:    
Derivative liabilities, Current 0.0 0.0
Derivative liabilities, Noncurrent 0.0 0.0
Derivative Liabilities 0.0  
Total liabilities   0.0
Fair Value, Inputs, Level 1 [Member] | Cash and cash equivalents    
Assets:    
Cash and cash equivalents 3,357.0 2,797.3
Fair Value, Inputs, Level 1 [Member] | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 6.9 9.3
Marketable equity securities 72.7 57.7
Total short-term investments 79.6 67.0
Structured deposits 0.0 0.0
Fair Value, Inputs, Level 1 [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 103.5 82.8
Fair Value, Inputs, Level 1 [Member] | Corporate debt securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 1 [Member] | Corporate debt securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 1 [Member] | Foreign Government Obligations [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities   0.0
Fair Value, Inputs, Level 1 [Member] | Foreign Government Short-term Debt Securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0  
Fair Value, Inputs, Level 1 [Member] | Mortgage and other asset-backed securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 1 [Member] | State and local government obligations | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 1 [Member] | U.S. government treasury securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 6.9 9.3
Fair Value, Inputs, Level 1 [Member] | U.S. government treasury securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 103.5 82.8
Fair Value, Inputs, Level 2 [Member]    
Assets:    
Derivative assets, Current 34.3 75.1
Derivative assets, Noncurrent 134.7 156.2
Total Assets 487.5 746.2
Liabilities:    
Derivative liabilities, Current 24.6 21.0
Derivative liabilities, Noncurrent 42.6 34.0
Derivative Liabilities 67.2  
Total liabilities   55.0
Fair Value, Inputs, Level 2 [Member] | Cash and cash equivalents    
Assets:    
Cash and cash equivalents 0.0 21.1
Fair Value, Inputs, Level 2 [Member] | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 72.3 22.4
Marketable equity securities 0.0 0.0
Total short-term investments 183.4 297.5
Structured deposits 111.1 275.1
Fair Value, Inputs, Level 2 [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 135.1 196.3
Fair Value, Inputs, Level 2 [Member] | Corporate debt securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 68.4 22.4
Fair Value, Inputs, Level 2 [Member] | Corporate debt securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 86.3 134.7
Fair Value, Inputs, Level 2 [Member] | Foreign Government Obligations [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities   3.8
Fair Value, Inputs, Level 2 [Member] | Foreign Government Short-term Debt Securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 3.9  
Fair Value, Inputs, Level 2 [Member] | Mortgage and other asset-backed securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 47.5 56.5
Fair Value, Inputs, Level 2 [Member] | State and local government obligations | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 1.3 1.3
Fair Value, Inputs, Level 2 [Member] | U.S. government treasury securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 2 [Member] | U.S. government treasury securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 3 [Member]    
Assets:    
Derivative assets, Current 0.0 0.0
Derivative assets, Noncurrent 0.0 0.0
Total Assets 0.0 0.0
Liabilities:    
Derivative liabilities, Current 0.0 0.0
Derivative liabilities, Noncurrent 0.0 0.0
Derivative Liabilities 0.0  
Total liabilities   0.0
Fair Value, Inputs, Level 3 [Member] | Cash and cash equivalents    
Assets:    
Cash and cash equivalents 0.0 0.0
Fair Value, Inputs, Level 3 [Member] | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Marketable equity securities 0.0 0.0
Total short-term investments 0.0 0.0
Structured deposits 0.0 0.0
Fair Value, Inputs, Level 3 [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 3 [Member] | Corporate debt securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 3 [Member] | Corporate debt securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 3 [Member] | Foreign Government Obligations [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities   0.0
Fair Value, Inputs, Level 3 [Member] | Foreign Government Short-term Debt Securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0  
Fair Value, Inputs, Level 3 [Member] | Mortgage and other asset-backed securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 3 [Member] | State and local government obligations | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 3 [Member] | U.S. government treasury securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities 0.0 0.0
Fair Value, Inputs, Level 3 [Member] | U.S. government treasury securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities $ 0.0 $ 0.0
v3.23.2
Inventories (Narrative) (Details)
$ in Millions
 3 Months Ended
Jul. 02, 2023
USD ($)
Fixed-price Contract [Member]  
Inventory [Line Items]  
Amount of coffee committed to be purchased $ 300.5
Price-to-be-fixed Contract [Member]  
Inventory [Line Items]  
Amount of coffee committed to be purchased $ 786.0
v3.23.2
Inventories (Components of Inventory) (Details) - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Inventory Disclosure [Abstract]    
Unroasted $ 926.7 $ 1,018.6
Roasted 270.9 310.3
Other merchandise held for sale 345.8 430.9
Packaging and other supplies 443.6 416.8
Total $ 1,987.0 $ 2,176.6
v3.23.2
Supplemental Balance Sheet Information (Property, Plant And Equipment, net) (Details) - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 16,741.2 $ 15,609.8
Accumulated depreciation (9,687.7) (9,049.3)
Property, plant and equipment, net 7,053.5 6,560.5
Land [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 46.1 46.1
Buildings [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 622.7 555.4
Leasehold Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 9,731.5 9,066.8
Store Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 3,203.9 3,018.2
Roasting Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 829.1 838.5
Furniture, Fixtures and Other [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 1,578.0 1,526.1
Work in Progress [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 729.9 $ 558.7
v3.23.2
Supplemental Balance Sheet Information (Accrued Liabilities) (Details) - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Accrued Liabilities [Line Items]    
Accrued occupancy costs $ 82.3 $ 84.6
Dividends Payable, Current 607.0 608.3
Other Accrued Liabilities, Current 737.2 878.1
Self Insurance Reserve, Current 255.1 232.3
Accrued liabilities 2,060.5 2,137.1
Income taxes payable 184.2 139.2
Accrual for Taxes Other than Income Taxes, Current $ 194.7 $ 194.6
v3.23.2
Supplemental Income Statement Information (Store Operating Expenses) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Store Operating Expenses [Line Items]        
Wages and benefits $ 2,185.7 $ 1,983.0 $ 6,575.6 $ 6,012.0
Occupancy costs 727.4 652.9 2,102.2 1,983.1
Other store operating expenses 784.5 666.6 2,321.1 2,022.0
Store operating expenses $ 3,697.6 $ 3,302.5 $ 10,998.9 $ 10,017.1
v3.23.2
Intangible Assets, Goodwill and Other (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Finite-Lived Intangible Assets [Line Items]        
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months $ 5.4 $ 47.6 $ 16.4 $ 147.0
v3.23.2
Other Intangible Assets and Goodwill (Indefinite-Lived Intangible Assets) (Details) - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Trade names, trademarks and patents    
Indefinite-lived Intangible Assets [Line Items]    
Indefinite-lived Intangible Assets $ 79.1 $ 97.5
v3.23.2
Other Intangible Assets and Goodwill (Finite-Lived Intangible Assets) (Details) - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount $ 1,161.5 $ 1,182.1
Accumulated amortization (1,116.2) (1,123.7)
Total estimated future amortization expense 45.3 58.4
Acquired and reacquired rights    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 966.5 990.0
Accumulated amortization (966.5) (990.0)
Total estimated future amortization expense 0.0 0.0
Acquired trade secrets and processes    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 27.6 27.6
Accumulated amortization (27.6) (27.3)
Total estimated future amortization expense 0.0 0.3
Trade names, trademarks and patents    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 130.2 124.6
Accumulated amortization (87.2) (69.6)
Total estimated future amortization expense 43.0 55.0
Licensing agreements    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 16.9 19.3
Accumulated amortization (14.6) (16.2)
Total estimated future amortization expense 2.3 3.1
Other finite-lived intangible assets    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 20.3 20.6
Accumulated amortization (20.3) (20.6)
Total estimated future amortization expense $ 0.0 $ 0.0
v3.23.2
Other Intangible Assets and Goodwill (Estimated Future Amortization Expense) (Details) - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]    
2023 (excluding the three quarters ended July 2, 2023) $ 5.0  
2024 19.7  
2025 14.0  
2026 2.0  
2027 1.7  
Thereafter 2.9  
Total estimated future amortization expense $ 45.3 $ 58.4
v3.23.2
Intangible Assets, Goodwill and Other (Changes in Carrying Amount of Goodwill by Reportable Operating Segment) (Details)
$ in Millions
 9 Months Ended
Jul. 02, 2023
USD ($)
Goodwill [Line Items]  
Goodwill, beginning balance $ 3,283.5
Other (32.6) [1]
Goodwill, ending balance 3,250.9
North America [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 491.1
Other 0.9 [1]
Goodwill, ending balance 492.0
International [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 2,756.7
Other (33.5) [1]
Goodwill, ending balance 2,723.2
Channel Development [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 34.7
Other 0.0 [1]
Goodwill, ending balance 34.7
Corporate and Other [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 1.0
Other 0.0 [1]
Goodwill, ending balance $ 1.0
[1] “Other” consists of changes in the goodwill balance resulting from foreign currency translation.
v3.23.2
Debt (Narrative) (Details)
¥ in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 16, 2026
Mar. 27, 2024
Jan. 04, 2024
Jul. 02, 2023
USD ($)
Jul. 02, 2023
USD ($)
Jul. 02, 2023
JPY (¥)
Oct. 02, 2022
USD ($)
Debt Instrument [Line Items]              
Short-term debt       $ 34.5 $ 34.5   $ 175.0
twothousandtwentyonecreditfacility | Line of Credit [Member]              
Debt Instrument [Line Items]              
Line of Credit Facility, Maximum Borrowing Capacity       3,000.0 3,000.0    
Line of Credit Facility, Expiration Date Sep. 16, 2026            
Maximum Increase In Commitment Amount Allowable Under Credit Facility       1,000.0 1,000.0    
Amount Of Credit Facility Available For Issuances Of Letters Of credit       $ 150.0 150.0    
twothousandtwentyonecreditfacility | Base Rate [Member] | Line of Credit [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Basis Spread on Variable Rate       0.50%      
twothousandtwentyonecreditfacility | Term SOFR Adjustment | Line of Credit [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Basis Spread on Variable Rate       0.10%      
twothousandtwentyonecreditfacility | Term SOFR | Line of Credit [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Basis Spread on Variable Rate       1.00%      
Commercial paper              
Debt Instrument [Line Items]              
Maximum allowable amount under Commercial Paper Program       $ 3,000.0 3,000.0    
Short-term debt       0.0 $ 0.0   175.0
Commercial paper | Maximum [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Term         397 days    
Line of Credit [Member]              
Debt Instrument [Line Items]              
Line of Credit Facility, Fair Value of Amount Outstanding       0.0 $ 0.0   0.0
Line of Credit [Member] | 5 billion Yen Credit Facility [Member]              
Debt Instrument [Line Items]              
Line of Credit Facility, Maximum Borrowing Capacity       34.5 $ 34.5    
Line of Credit Facility, Expiration Date     Jan. 04, 2024        
Line of Credit [Member] | 5 billion Yen Credit Facility [Member] | Japan, Yen              
Debt Instrument [Line Items]              
Line of Credit Facility, Maximum Borrowing Capacity | ¥           ¥ 5,000.0  
Line of Credit [Member] | 5 billion Yen Credit Facility [Member] | Tokyo Interbank Offered Rate TIBOR [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Basis Spread on Variable Rate         0.40%    
Line of Credit [Member] | 10 billion Yen Credit Facility [Member]              
Debt Instrument [Line Items]              
Line of Credit Facility, Maximum Borrowing Capacity       69.1 $ 69.1    
Line of Credit Facility, Expiration Date   Mar. 27, 2024          
Line of Credit [Member] | 10 billion Yen Credit Facility [Member] | Japan, Yen              
Debt Instrument [Line Items]              
Line of Credit Facility, Maximum Borrowing Capacity | ¥           10,000.0  
Line of Credit [Member] | 10 billion Yen Credit Facility [Member] | Tokyo Interbank Offered Rate TIBOR [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Basis Spread on Variable Rate         0.30%    
Line of Credit [Member] | 5 billion and 10 billion Yen Credit Facility [Member]              
Debt Instrument [Line Items]              
Short-term debt       $ 34.5 $ 34.5   $ 0.0
Line of Credit [Member] | 5 billion and 10 billion Yen Credit Facility [Member] | Japan, Yen              
Debt Instrument [Line Items]              
Short-term debt | ¥           ¥ 5,000.0  
v3.23.2
(Components of Long-Term Debt Including Associated Interest Rates and Related Fair Values) (Details) - USD ($)
$ in Millions
 3 Months Ended
Jul. 02, 2023
Oct. 02, 2022
Debt Instrument [Line Items]    
Long-term Debt, Gross $ 15,537.2 $ 15,038.4
Long-term Debt, Fair Value 13,996.8 13,052.0
Debt Instrument, Unamortized (Discount) Premium and Debt Issuance Costs, Net (116.6) (117.2)
Hedging Liabilities, Noncurrent [1] (40.3) (52.3)
Long-term Debt 15,380.3 14,868.9
2018 5-Year Three Point One Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 0.0 1,000.0
Stated Interest Rate 3.10%  
Debt Instrument, Interest Rate, Effective Percentage [2] 3.107%  
2018 5-Year Three Point One Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 0.0 996.5
2013 10-Year Three Point Eight Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount [1] $ 750.0 750.0
Stated Interest Rate [1] 3.85%  
Debt Instrument, Interest Rate, Effective Percentage [1],[2] 2.859%  
2013 10-Year Three Point Eight Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure [1] $ 747.1 744.8
2022 2-Year FloatingrateSeniorNotes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount [3] $ 500.0 500.0
Stated Interest Rate [3] 5.60%  
Debt Instrument, Interest Rate, Effective Percentage [2],[3] 5.83%  
Debt Instrument, Basis Spread on Variable Rate 0.42%  
2022 2-Year FloatingrateSeniorNotes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure [3] $ 500.4 497.3
2017 7-Year PointThreeSevenTwoPercentageYenDenominatedSeniorNotes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount [4] $ 587.2 588.4
Stated Interest Rate [4] 0.372%  
Debt Instrument, Interest Rate, Effective Percentage [2],[4] 0.462%  
2017 7-Year PointThreeSevenTwoPercentageYenDenominatedSeniorNotes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure [4] $ 586.9 584.7
2018 7-Year Three Point Eight Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,250.0 1,250.0
Stated Interest Rate 3.80%  
Debt Instrument, Interest Rate, Effective Percentage [2] 3.721%  
2018 7-Year Three Point Eight Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 1,209.1 1,209.6
2023 3-Year Four Point Seven Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,000.0 0.0
Stated Interest Rate 4.75%  
Debt Instrument, Interest Rate, Effective Percentage [2] 4.788%  
2023 3-Year Four Point Seven Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 990.0 0.0
2016 10-Year Two Point Four Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Stated Interest Rate 2.45%  
Debt Instrument, Interest Rate, Effective Percentage [2] 2.511%  
2016 10-Year Two Point Four Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 464.6 458.3
2020 7-Year Two Point Zero Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Stated Interest Rate 2.00%  
Debt Instrument, Interest Rate, Effective Percentage [2] 2.058%  
2020 7-Year Two Point Zero Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 449.5 437.9
2018 10-Year Three Point Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 600.0 600.0
Stated Interest Rate 3.50%  
Debt Instrument, Interest Rate, Effective Percentage [2] 3.529%  
2018 10-Year Three Point Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 563.2 554.8
2018 10-Year Four Point Zero Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 750.0 750.0
Stated Interest Rate 4.00%  
Debt Instrument, Interest Rate, Effective Percentage [2] 3.958%  
2018 10-Year Four Point Zero Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 719.0 704.7
2019 10-Year Three Point Five Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount [1] $ 1,000.0 1,000.0
Stated Interest Rate [1] 3.55%  
Debt Instrument, Interest Rate, Effective Percentage [1],[2] 3.84%  
Portion of Debt Instrument designated in fair value hedge $ 350.0  
2019 10-Year Three Point Five Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure [1] 931.1 900.3
2020 10-Year Two Point Two Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 750.0 750.0
Stated Interest Rate 2.25%  
Debt Instrument, Interest Rate, Effective Percentage [2] 3.084%  
2020 10-Year Two Point Two Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 634.4 607.7
2020 10-Year Two Point Five Five Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,250.0 1,250.0
Stated Interest Rate 2.55%  
Debt Instrument, Interest Rate, Effective Percentage [2] 2.582%  
2020 10-Year Two Point Five Five Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 1,061.2 1,017.9
2022 10-Year Three Percent Senior Notes    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,000.0 1,000.0
Stated Interest Rate 3.00%  
Debt Instrument, Interest Rate, Effective Percentage [2] 3.155%  
2022 10-Year Three Percent Senior Notes | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 864.9 827.1
2023 10-Year Four Point Eight Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 0.0
Stated Interest Rate 4.80%  
Debt Instrument, Interest Rate, Effective Percentage [2] 3.798%  
2023 10-Year Four Point Eight Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 493.1 0.0
2015 30-Year Four Point Three Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 350.0 350.0
Stated Interest Rate 4.30%  
Debt Instrument, Interest Rate, Effective Percentage [2] 4.348%  
2015 30-Year Four Point Three Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 304.5 281.5
2017 30-Year Three Point Seven Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Stated Interest Rate 3.75%  
Debt Instrument, Interest Rate, Effective Percentage [2] 3.765%  
2017 30-Year Three Point Seven Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 393.5 369.6
2018 30-Year Four Point Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,000.0 1,000.0
Stated Interest Rate 4.50%  
Debt Instrument, Interest Rate, Effective Percentage [2] 4.504%  
2018 30-Year Four Point Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 890.3 824.6
2019 30-Year Four Point Four Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,000.0 1,000.0
Stated Interest Rate 4.45%  
Debt Instrument, Interest Rate, Effective Percentage [2] 4.447%  
2019 30-Year Four Point Four Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 881.3 817.8
2020 30-Year Three Point Three Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Stated Interest Rate 3.35%  
Debt Instrument, Interest Rate, Effective Percentage [2] 3.362%  
2020 30-Year Three Point Three Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 367.5 342.0
2020 30-Year Three Point Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,250.0 1,250.0
Stated Interest Rate 3.50%  
Debt Instrument, Interest Rate, Effective Percentage [2] 3.528%  
2020 30-Year Three Point Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 945.2 $ 874.9
[1] Amount includes the change in fair value due to changes in benchmark interest rates related to hedging our October 2023 notes and $350 million of our August 2029 notes. Refer to Note 3, Derivative Financial Instruments, for additional information on our interest rate swaps designated as fair value hedges.
[2] Includes the effects of the amortization of any premium or discount and any gain or loss upon settlement of related treasury locks or forward-starting interest rate swaps utilized to hedge interest rate risk prior to the debt issuance.
[3] Floating rate notes which bear interest at a rate equal to Compounded SOFR (as defined in the February 2024 notes) plus 0.420%, resulting in a stated interest rate of 5.600% at July 2, 2023.
[4] Japanese yen-denominated long-term debt.
v3.23.2
Debt (Summary of long-term debt maturities) (Details) - USD ($)
$ in Millions
Jul. 02, 2023
Oct. 02, 2022
Long-term Debt [Line Items]    
2023 $ 750.0  
2024 1,087.2  
2025 1,250.0  
2026 1,500.0  
2027 500.0  
Thereafter 10,450.0  
Total $ 15,537.2 $ 15,038.4
v3.23.2
Leases - Narrative (Details)
$ in Millions
Jul. 02, 2023
USD ($)
Lessee, Lease, Description [Line Items]  
Lessee, operating lease, lease not yet commenced, amount $ 1,400.0
Minimum [Member]  
Lessee, Lease, Description [Line Items]  
Lessee, operating lease, lease not yet commenced, term of contract 2 years
Maximum [Member]  
Lessee, Lease, Description [Line Items]  
Lessee, operating lease, lease not yet commenced, term of contract 20 years
v3.23.2
Leases - Schedule of Lease Cost (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Lessee, Lease, Description [Line Items]        
Operating lease costs [1] $ 401.6 $ 386.5 $ 1,188.2 $ 1,166.0
Variable lease costs 264.1 221.5 753.3 687.1
Short-term lease costs 7.0 6.9 20.9 21.1
Total lease costs $ 672.7 $ 614.9 $ 1,962.4 $ 1,874.2
[1] Includes immaterial amounts of sublease income and rent concessions.
v3.23.2
Leases - Schedule Supplemental Disclosures (Details) - USD ($)
$ in Millions
 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Lessee, Lease, Description [Line Items]    
Cash paid related to operating lease liabilities $ 1,234.8 $ 1,248.7
Operating lease liabilities arising from obtaining ROU assets $ 1,245.5 $ 1,121.6
Weighted-average remaining operating lease term 8 years 6 months 8 years 6 months
Weighted-average operating lease discount rate 3.00% 2.50%
v3.23.2
Leases - Schedule of Maturity of Operating Lease Payments (Details)
$ in Millions
Jul. 02, 2023
USD ($)
Leases [Abstract]  
2023 (excluding the three quarters ended July 2, 2023) $ 384.8
2024 1,527.5
2025 1,458.8
2026 1,313.8
2027 1,128.2
Thereafter 4,428.2
Total lease payments 10,241.3
Less imputed interest (1,284.9)
Total $ 8,956.4
v3.23.2
Revenue Recognition (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Oct. 02, 2022
Stored value card liability and current portion of deferred revenue $ 1,759.6   $ 1,759.6   $ 1,641.9
Deferred revenue 6,152.5   6,152.5   6,279.7
Deferred Revenue, Revenue Recognized 44.1 $ 44.1 132.3 $ 132.5  
Nestle Global Coffee Alliance [Member]          
Stored value card liability and current portion of deferred revenue 177.0   177.0   177.0
Deferred revenue $ 6,000.0   $ 6,000.0   $ 6,200.0
v3.23.2
Revenue from Contract with Customer (Details) - USD ($)
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Oct. 02, 2022
Deferred Revenue Table [Line Items]          
Deferred Revenue, Revenue Recognized $ (44,100,000) $ (44,100,000) $ (132,300,000) $ (132,500,000)  
Stored value card liability and current portion of deferred revenue 1,759,600,000   1,759,600,000   $ 1,641,900,000
Revenue Recognition Period Stored Value Cards and Loyalty Program Breakage [Member]          
Deferred Revenue Table [Line Items]          
Deferred Revenue 1,664,500,000 1,645,200,000 1,503,000,000 1,448,500,000  
Deferred Revenue, Additions 3,641,300,000 3,282,600,000 11,280,700,000 10,324,100,000  
Deferred Revenue, Revenue Recognized (3,662,900,000) (3,312,300,000) (11,155,400,000) (10,149,400,000)  
Deferred Revenue, Other [1] (14,700,000) (21,700,000) (100,000) (29,400,000)  
Deferred Revenue [2] 1,628,200,000 1,593,800,000 1,628,200,000 1,593,800,000  
Stored value card liability and current portion of deferred revenue $ 1,500,000,000 $ 1,500,000,000 $ 1,500,000,000 $ 1,500,000,000  
[1] “Other” primarily consists of changes in the stored value cards and loyalty program balances resulting from foreign currency translation.
[2] As of July 2, 2023 and July 3, 2022, approximately $1.5 billion and $1.5 billion of these amounts were current, respectively.
v3.23.2
Equity (Narrative) (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 9 Months Ended
Aug. 25, 2023
Aug. 11, 2023
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Oct. 02, 2022
Equity, Class of Treasury Stock [Line Items]              
Authorized shares of common stock     2,400,000,000   2,400,000,000   2,400,000,000
Par value of common stock     $ 0.001   $ 0.001   $ 0.001
Authorized shares of preferred stock     7,500,000   7,500,000    
Outstanding shares of preferred stock     0   0    
Shares available for repurchase     45,700,000   45,700,000    
Dividends payable, payment date Aug. 25, 2023            
Dividends payable, record date   Aug. 11, 2023          
Common Stock, Dividends, Per Share, Declared     $ 0.53 $ 0.49 $ 1.59 $ 1.47  
Open Market [Member]              
Equity, Class of Treasury Stock [Line Items]              
Shares of common stock repurchased         6,900,000 36,300,000  
Total cost of common stock repurchased         $ 699.3 $ 4,000.0  
v3.23.2
Equity (Components Of Accumulated Other Comprehensive Income, Net Of Tax) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Apr. 02, 2023
Oct. 02, 2022
Apr. 03, 2022
Oct. 03, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ (8,341.6) $ (8,658.9) $ (8,341.6) $ (8,658.9) $ (8,499.4) $ (8,698.7) $ (8,761.2) $ (5,314.5)
Net gains/(losses) in AOCI, beginning of period     (463.2)          
Other comprehensive income/(loss) (255.9) (325.3) (314.3) (212.2)        
Net gains/(losses) in AOCI, end of period (777.5)   (777.5)          
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   (10.5)   (10.5) (10.9) (15.5) (9.0) 1.5
Net gains/(losses) recognized in OCI before reclassifications (1.7) (1.6) 2.6 (12.1)        
Net (gains)/losses reclassified from AOCI to earnings 0.2 0.1 0.5 0.1        
Other comprehensive income/(loss) (1.5) (1.5) 3.1 (12.0)        
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   246.0   246.0 (88.1) 199.0 251.7 158.3
Net gains/(losses) recognized in OCI before reclassifications 0.8 41.0 (151.5) 170.8        
Net (gains)/losses reclassified from AOCI to earnings (6.8) (46.7) (141.6) (83.1)        
Other comprehensive income/(loss) (6.0) (5.7) (293.1) 87.7        
Accumulated Net Investment Hedge Gain (Loss) Attributable to Parent [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   181.8   181.8 149.6 209.1 103.0 48.6
Net gains/(losses) recognized in OCI before reclassifications 75.5 81.6 25.2 141.1        
Net (gains)/losses reclassified from AOCI to earnings (5.8) (2.8) (15.0) (7.9)        
Other comprehensive income/(loss) 69.7 78.8 10.2 133.2        
Translation Adjustment [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   (482.3)   (482.3) (572.2) (855.8) (85.4) (61.2)
Net gains/(losses) recognized in OCI before reclassifications (317.4) (396.9) (33.8) (421.2)        
Net (gains)/losses reclassified from AOCI to earnings 0.0 0.0 0.0 0.1        
Other comprehensive income/(loss) (317.4) (396.9) (33.8) (421.1)        
Parent [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (8,348.6) (8,666.5) (8,348.6) (8,666.5) (8,506.9) (8,706.6) (8,768.0) (5,321.2)
Other comprehensive income/(loss) (255.2) (325.3) (313.6) (212.2)        
AOCI Attributable to Parent [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (777.5) (65.0) (777.5) (65.0) $ (521.6) $ (463.2) $ 260.3 $ 147.2
Net gains/(losses) recognized in OCI before reclassifications (242.8) (275.9) (157.5) (121.4)        
Net (gains)/losses reclassified from AOCI to earnings (12.4) (49.4) (156.1) (90.8)        
Other comprehensive income/(loss) (255.2) $ (325.3) (313.6) $ (212.2)        
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest 0.0   0.0          
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Including Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (12.4)   (12.4)          
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest 0.0   0.0          
Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (94.1)   (94.1)          
Accumulated Net Investment Hedge Gain (Loss) Attributable to Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest 0.0   0.0          
AOCI, Accumulated Net Investment Hedge Gain (Loss) Including Portion Attributable to Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 219.3   219.3          
Accumulated Foreign Currency Adjustment Attributable to Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest (0.7)   (0.7)          
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (890.3)   (890.3)          
AOCI Attributable to Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest (0.7)   (0.7)          
AOCI Including Portion Attributable to Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ (777.5)   $ (777.5)          
v3.23.2
Equity (Impact of Reclassifications from Accumulated Other Comprehensive Income on Earnings) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Interest income and other, net $ 21.3 $ 19.8 $ 51.1 $ 66.0
Amounts Reclassified from AOCI, Interest expense 140.9 123.1 406.9 357.6
Amounts Reclassified from AOCI, Tax (expense)/benefit 322.4 278.5 903.4 725.9
Reclassification out of Accumulated Other Comprehensive Income [Member]        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Total before tax 16.5 59.2 (181.5) (109.5)
Amounts Reclassified from AOCI, Tax (expense)/benefit (4.1) (9.8) 25.4 18.7
Amounts Reclassified from AOCI, Net of tax 12.4 49.4 (156.1) (90.8)
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Net of tax (0.2) (0.1) (0.5) (0.1)
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Interest income and other, net (0.1) (0.2) (0.5) (0.2)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Net of tax 6.8 46.7 141.6 83.1
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Total before tax 8.8 55.6 (161.9) (99.0)
Accumulated Net Investment Hedge Gain (Loss) Attributable to Parent [Member]        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Net of tax 5.8 2.8 15.0 7.9
Accumulated Net Investment Hedge Gain (Loss) Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Interest expense $ 7.8 $ 3.8 $ (20.1) $ (10.7)
v3.23.2
Employee Stock Plans (Narrative) (Details)
shares in Millions
Jul. 02, 2023
shares
Stock Options and Restricted Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Common stock available for issuance pursuant to future equity-based compensation awards and ESPP 92.5
Employee Stock Purchase Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Common stock available for issuance pursuant to future equity-based compensation awards and ESPP 10.4
v3.23.2
Employee Stock Plans (Stock-Based Compensation Expense Recognized in Consolidated Statement of Earnings) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Stock-based compensation expense $ 69.2 $ 57.3 $ 228.5 $ 206.6
Stock Options [Member]        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Stock-based compensation expense 0.1 (0.1) 0.2 (0.6)
Restricted Stock Units (RSUs) [Member]        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Stock-based compensation expense $ 69.1 $ 57.4 $ 228.3 $ 207.2
v3.23.2
Employee Stock Plans (Stock Option and RSU Transactions) (Details) - USD ($)
shares in Millions, $ in Millions
 9 Months Ended
Jul. 02, 2023
Oct. 02, 2022
Stock Options [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Granted, Stock Options 0.0  
Options exercised, Stock Options (2.0)  
Forfeited/expired, Stock Options 0.0  
Total unrecognized stock-based compensation expense, net of estimated forfeitures, Stock Options $ 0.0  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number 2.1 4.1
Restricted Stock Units (RSUs) [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Granted, RSUs 4.3  
RSUs vested, RSUs (2.9)  
Forfeited/expired, RSUs (0.9)  
Total unrecognized stock-based compensation expense, net of estimated forfeitures, RSUs $ 223.9  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number 7.5 7.0
v3.23.2
Earnings Per Share (Calculation of Net Earnings Per Common Share (EPS) - Basic and Diluted) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Earnings Per Share [Abstract]        
Net earnings attributable to Starbucks $ 1,141.7 $ 912.9 $ 2,905.2 $ 2,403.3
Weighted average common shares outstanding (for basic calculation) 1,145.9 1,147.0 1,147.6 1,155.3
Dilutive effect of outstanding common stock options and RSUs 4.6 4.0 4.4 5.2
Weighted average common and common equivalent shares outstanding (for diluted calculation) 1,150.5 1,151.0 1,152.0 1,160.5
EPS — basic $ 1.00 $ 0.80 $ 2.53 $ 2.08
EPS — diluted $ 0.99 $ 0.79 $ 2.52 $ 2.07
v3.23.2
Segment Reporting (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Segment Reporting Information [Line Items]        
Segment Reporting, Factors Used to Identify Entity's Reportable Segments     Segment information is prepared on the same basis that our chief executive officer, who is our chief operating decision maker, manages the segments, evaluates financial results and makes key operating decisions.  
Income (Loss) from Equity Method Investments $ 69.7 $ 54.1 $ 179.0 $ 143.5
Operating Segments [Member] | Channel Development [Member]        
Segment Reporting Information [Line Items]        
Income (Loss) from Equity Method Investments 68.9 53.7 177.0 141.9
Operating Segments [Member] | Corporate and Other [Member]        
Segment Reporting Information [Line Items]        
Income (Loss) from Equity Method Investments $ 0.0 $ 0.0 $ 0.0 $ 0.0
v3.23.2
Segment Reporting (Revenue from External Customers by Products and Services) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Segment Reporting Information [Line Items]        
Total net revenues $ 9,168.3 $ 8,150.1 $ 26,602.0 $ 23,836.1
Beverage Member        
Segment Reporting Information [Line Items]        
Total net revenues [1] 5,587.9 4,944.6 15,988.9 14,442.9
Food Member        
Segment Reporting Information [Line Items]        
Total net revenues [2] 1,704.5 1,472.0 4,861.0 4,271.5
Other Products Member        
Segment Reporting Information [Line Items]        
Total net revenues [3] $ 1,875.9 $ 1,733.5 $ 5,752.1 $ 5,121.7
Revenue Benchmark [Member] | Product type        
Segment Reporting Information [Line Items]        
Concentration Risk, Percentage 100.00% 100.00% 100.00% 100.00%
Revenue Benchmark [Member] | Beverage Member | Product type        
Segment Reporting Information [Line Items]        
Concentration Risk, Percentage [1] 61.00% 61.00% 60.00% 61.00%
Revenue Benchmark [Member] | Food Member | Product type        
Segment Reporting Information [Line Items]        
Concentration Risk, Percentage [2] 19.00% 18.00% 18.00% 18.00%
Revenue Benchmark [Member] | Other Products Member | Product type        
Segment Reporting Information [Line Items]        
Concentration Risk, Percentage [3] 20.00% 21.00% 22.00% 21.00%
[1] Beverage represents sales within our company-operated stores.
[2] Food includes sales within our company-operated stores.
[3] Other primarily consists of packaged and single-serve coffees and teas, royalty and licensing revenues, beverage-related ingredients and serveware, among other items.
v3.23.2
Segment Reporting (Reconciliation Of Total Segment Operating Income To Consolidated Earnings Before Income Taxes) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total net revenues $ 9,168.3 $ 8,150.1 $ 26,602.0 $ 23,836.1
Depreciation and amortization expenses 342.2 356.8 1,011.2 1,090.5
Income (Loss) from Equity Method Investments 69.7 54.1 179.0 143.5
Operating income/(loss) 1,583.9 1,295.5 4,164.6 3,422.3
North America [Member] | Operating Segments [Member]        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total net revenues 6,737.8 6,058.4 19,669.7 17,236.4
Depreciation and amortization expenses 230.4 201.2 673.5 603.2
Income (Loss) from Equity Method Investments 0.0 0.0 0.0 0.0
Operating income/(loss) 1,463.9 1,330.1 3,894.3 3,344.8
International [Member] | Operating Segments [Member]        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total net revenues 1,972.9 1,584.7 5,507.8 5,163.1
Depreciation and amortization expenses 83.1 125.0 250.8 391.4
Income (Loss) from Equity Method Investments 0.8 0.4 2.0 1.6
Operating income/(loss) 374.5 135.3 929.6 615.7
Channel Development [Member] | Operating Segments [Member]        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total net revenues 448.8 479.7 1,407.7 1,359.9
Depreciation and amortization expenses 0.0 0.0 0.1 0.1
Income (Loss) from Equity Method Investments 68.9 53.7 177.0 141.9
Operating income/(loss) 208.0 191.7 696.4 572.7
Corporate and Other [Member] | Operating Segments [Member]        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total net revenues 8.8 27.3 16.8 76.7
Depreciation and amortization expenses 28.7 30.6 86.8 95.8
Income (Loss) from Equity Method Investments 0.0 0.0 0.0 0.0
Operating income/(loss) $ (462.5) $ (361.6) $ (1,355.7) $ (1,110.9)