STARBUCKS CORP, 10-Q filed on 4/28/2026
Quarterly Report
v3.26.1
Document And Entity Information - shares
shares in Millions
 6 Months Ended
Mar. 29, 2026
Apr. 22, 2026
Entity Information [Line Items]    
Entity Incorporation, State or Country Code WA  
Title of 12(b) Security Common Stock, $0.001 par value per share  
Document Type 10-Q  
Document Quarterly Report true  
Amendment Flag false  
Document Period End Date Mar. 29, 2026  
Document Transition Report false  
Entity File Number 000-20322  
Document Fiscal Year Focus 2026  
Document Fiscal Period Focus Q2  
Trading Symbol SBUX  
Entity Central Index Key 0000829224  
Current Fiscal Year End Date --09-27  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Common Stock, Shares Outstanding   1,139.7
Entity Registrant Name Starbucks Corporation  
Entity Address, Address Line One 2401 Utah Avenue South  
Entity Address, City or Town Seattle  
Entity Address, State or Province WA  
Entity Address, Postal Zip Code 98134  
City Area Code 206  
Local Phone Number 447-1575  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Shell Company false  
Security Exchange Name NASDAQ  
Entity Tax Identification Number 91-1325671  
v3.26.1
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Total net revenues $ 9,531.5 $ 8,761.6 $ 19,446.6 $ 18,159.4
Product and distribution costs 3,208.5 2,737.6 6,482.1 5,631.3
Store operating expenses 4,408.6 4,176.0 8,961.0 8,379.1
Other operating expenses 130.5 138.7 261.7 291.3
Depreciation and amortization expenses 363.4 418.9 764.3 826.2
General and administrative expenses 618.1 632.3 1,256.8 1,298.0
Restructuring and impairments 25.1 116.2 113.2 116.2
Total operating expenses 8,754.2 8,219.7 17,839.1 16,542.1
Income from equity method investees 50.8 59.1 111.3 105.5
Operating income/(loss) 828.1 601.0 1,718.8 1,722.8
Interest income and other, net 37.0 28.4 50.1 56.2
Interest expense (137.0) (127.3) (276.0) (254.5)
Earnings before income taxes 728.1 502.1 1,492.9 1,524.5
Income tax expense 217.3 118.0 688.9 359.4
Net earnings including noncontrolling interests 510.8 384.1 804.0 1,165.1
Net earnings/(loss) attributable to noncontrolling interests (0.1) (0.1) (0.2) 0.1
Net earnings attributable to Starbucks $ 510.9 $ 384.2 $ 804.2 $ 1,165.0
EPS — basic $ 0.45 $ 0.34 $ 0.71 $ 1.03
EPS — diluted $ 0.45 $ 0.34 $ 0.70 $ 1.02
Weighted average shares outstanding:        
Basic 1,139.4 1,136.0 1,138.7 1,135.3
Diluted 1,143.2 1,140.0 1,142.6 1,139.2
Other        
Total net revenues $ 626.7 $ 460.6 $ 1,223.4 $ 937.4
Company-operated stores        
Total net revenues 7,816.4 7,285.0 16,004.4 15,070.3
Licensed stores        
Total net revenues $ 1,088.4 $ 1,016.0 $ 2,218.8 $ 2,151.7
v3.26.1
Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Net earnings $ 510.8 $ 384.1 $ 804.0 $ 1,165.1
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Other comprehensive income/(loss), net of tax 8.6 54.6 42.0 (100.2)
Comprehensive income including noncontrolling interests 519.4 438.7 846.0 1,064.9
Comprehensive income/(loss) attributable to noncontrolling interests 0.0 (0.1) 0.0 (0.2)
Comprehensive income attributable to Starbucks 519.4 438.8 846.0 1,065.1
Available-for-sale debt Securities        
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Unrealized holding gains/(losses) on available-for-sale debt securities (2.8) 2.2 (2.1) 0.1
Tax (expense)/benefit 0.7 (0.5) 0.5 0.0
Cash Flow Hedges        
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Unrealized gains/(losses) on cash flow hedging instruments 19.0 (6.6) 14.8 63.0
Tax (expense)/benefit (4.5) 1.7 (4.8) (16.4)
Net Investment Hedges        
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Unrealized gains/(losses) on net investment hedging instruments 8.4 13.1 63.8 220.6
Tax (expense)/benefit (2.1) (3.3) (16.1) (55.7)
Translation adjustment and other        
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Translation adjustment and other (2.8) 90.6 18.5 (220.9)
Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, translation adjustment, and other        
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, translation adjustment, and other (12.2) (54.5) (46.0) (121.4)
Tax expense/(benefit) $ 4.9 $ 11.9 $ 13.4 $ 30.5
v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Cash and cash equivalents $ 1,532.0 $ 3,219.8
Short-term investments 168.3 247.2
Accounts receivable, net 1,288.9 1,277.5
Inventories 2,157.8 2,185.6
Prepaid expenses and other current assets 368.8 452.2
Assets held for sale 5,043.4 0.0
Total current assets 10,559.2 7,382.3
Long-term investments 306.3 246.9
Equity investments 483.1 466.2
Property, plant and equipment, net 7,188.7 8,493.5
Operating lease, right-of-use asset 8,189.5 9,315.7
Deferred income taxes, net 1,541.8 1,826.9
Other long-term assets 817.8 752.5
Other intangible assets 176.0 166.8
Goodwill 1,295.1 3,368.9
TOTAL ASSETS 30,557.5 32,019.7
Accounts payable 1,674.3 1,852.8
Accrued liabilities 2,168.0 2,359.7
Accrued payroll and benefits 793.9 1,093.9
Current portion of operating lease liability 1,301.2 1,564.5
Stored value card liability and current portion of deferred revenue 1,828.7 1,840.6
Current portion of long-term debt 1,997.7 1,498.9
Liabilities held for sale 1,685.6 0.0
Total current liabilities 11,449.4 10,210.4
Long-term debt 13,084.2 14,575.9
Operating lease liability 8,008.3 8,972.2
Deferred revenue 5,678.7 5,772.6
Other long-term liabilities 794.6 577.8
Total liabilities 39,015.2 40,108.9
Common stock ($0.001 par value) — authorized, 2,400.0 shares; issued and outstanding, 1,139.5 and 1,136.9 shares, respectively 1.1 1.1
Additional paid-in capital 832.1 634.1
Retained deficit (8,881.0) (8,272.5)
Accumulated other comprehensive income/(loss) (417.3) (459.3)
Total shareholders’ deficit (8,465.1) (8,096.6)
Noncontrolling interests 7.4 7.4
Total deficit (8,457.7) (8,089.2)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY/(DEFICIT) $ 30,557.5 $ 32,019.7
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 1,139,500,000 1,136,900,000
Disposal Group, Held-for-Sale, Not Discontinued Operations    
Assets held for sale $ 5,043.4 $ 0.0
Liabilities held for sale $ 1,685.6 $ 0.0
v3.26.1
Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares
Mar. 29, 2026
Sep. 28, 2025
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 1,139,500,000 1,136,900,000
v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
OPERATING ACTIVITIES:    
Net earnings including noncontrolling interests $ 804.0 $ 1,165.1
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 821.1 867.5
Deferred income taxes, net 363.0 (12.4)
Income earned from equity method investees, net (128.0) (115.5)
Distributions received from equity method investees 109.7 133.8
Stock-based compensation 219.3 178.3
Non-cash lease costs 675.3 811.6
Loss on disposal, impairment, and accelerated amortization of assets 138.0 82.1
Other (2.0) 3.4
Cash provided by/(used in) changes in operating assets and liabilities:    
Accounts receivable (83.4) 17.0
Inventories (90.4) (281.0)
Income taxes payable (5.9) 6.4
Accounts payable (41.4) 339.4
Deferred revenue 103.2 65.4
Operating lease liability (879.3) (834.4)
Other operating assets and liabilities (41.0) (62.7)
Net cash provided by operating activities 1,962.2 2,364.0
INVESTING ACTIVITIES:    
Purchases of investments (105.6) (169.4)
Sales of investments 16.4 0.0
Maturities and calls of investments 106.0 141.0
Additions to property, plant and equipment (596.4) (1,282.1)
Acquisitions, net of cash acquired 0.0 (177.1)
Other (73.7) (11.6)
Net cash used in investing activities (653.3) (1,499.2)
FINANCING ACTIVITIES:    
Net proceeds from issuance of short-term debt 2.5 1.1
Repayments of short-term debt 0.0 (5.4)
Repayments of long-term debt (1,000.0) 0.0
Proceeds from issuance of common stock 36.5 44.4
Cash dividends paid (1,411.4) (1,384.9)
Minimum tax withholdings on share-based awards (60.2) (76.5)
Net cash used in financing activities (2,432.6) (1,421.3)
Effect of exchange rate changes on cash and cash equivalents 5.9 (58.3)
Less: Net change in cash balances classified as assets held for sale (570.0) 0.0
Net increase/(decrease) in cash and cash equivalents (1,687.8) (614.8)
CASH AND CASH EQUIVALENTS:    
Beginning of period 3,219.8 3,286.2
End of period 1,532.0 2,671.4
Cash paid during the period for:    
Interest, net of capitalized interest 314.4 294.2
Income taxes $ 320.5 $ 459.2
v3.26.1
Condensed Consolidated Statements of Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings/(Deficit)
Accumulated Other Comprehensive Income/(Loss)
Shareholders' Equity/(Deficit)
Noncontrolling Interests
Balance, Amount at Sep. 29, 2024 $ (7,441.6) $ 1.1 $ 322.6 $ (7,343.8) $ (428.8) $ (7,448.9) $ 7.3
Common Stock, Shares, Outstanding, Beginning Balance at Sep. 29, 2024   1,133.5          
Net earnings 1,165.1 $ 0.0 0.0 1,165.0 1,165.0 0.1
Other comprehensive income/(loss) (100.2) 0.0 0.0 0.0 (99.9) (99.9) (0.3)
Stock-based compensation expense 180.4 $ 0.0 180.4 0.0 0.0 180.4 0.0
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture   2.4          
Exercise of stock options/vesting of RSUs (59.0) $ 0.0 (59.0) 0.0 0.0 (59.0) 0.0
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.3          
Sale of common stock 26.9 $ 0.0 26.9 0.0 0.0 26.9 0.0
Cash Dividends Declared (1,386.7) 0.0 0.0 (1,386.7) 0.0 (1,386.7) 0.0
Other $ (0.3) $ 0.0 0.0 0.0 (0.3) (0.3) 0.0
Common Stock, Dividends, Per Share, Declared $ 1.22            
Common Stock, Shares, Outstanding at Mar. 30, 2025   1,136.2          
Balance, Amount at Mar. 30, 2025 $ (7,615.4) $ 1.1 470.9 (7,565.5) (529.0) (7,622.5) 7.1
Balance, Amount at Dec. 29, 2024 (7,464.6) $ 1.1 367.2 (7,256.4) (583.6) (7,471.7) 7.1
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 29, 2024   1,135.8          
Net earnings 384.1 $ 0.0 0.0 384.2 0.0 384.2 (0.1)
Other comprehensive income/(loss) 54.6 0.0 0.0 0.0 54.6 54.6 0.0
Stock-based compensation expense 78.3 $ 0.0 78.3 0.0 0.0 78.3 0.0
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture   0.3          
Exercise of stock options/vesting of RSUs 11.7 $ 0.0 11.7 0.0 0.0 11.7 0.0
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.1          
Sale of common stock 13.7 $ 0.0 13.7 0.0 0.0 13.7 0.0
Cash Dividends Declared (693.3) 0.0 0.0 (693.3) 0.0 (693.3) 0.0
Other $ 0.1 $ 0.0 0.0 0.0 0.0 0.0 0.1
Common Stock, Dividends, Per Share, Declared $ 0.61            
Common Stock, Shares, Outstanding at Mar. 30, 2025   1,136.2          
Balance, Amount at Mar. 30, 2025 $ (7,615.4) $ 1.1 470.9 (7,565.5) (529.0) (7,622.5) 7.1
Balance, Amount at Sep. 28, 2025 (8,089.2) $ 1.1 634.1 (8,272.5) (459.3) (8,096.6) 7.4
Common Stock, Shares, Outstanding, Beginning Balance at Sep. 28, 2025   1,136.9          
Net earnings 804.0 $ 0.0 0.0 804.2 0.0 804.2 (0.2)
Other comprehensive income/(loss) 42.0 0.0 0.0 0.0 41.8 41.8 0.2
Stock-based compensation expense 221.7 $ 0.0 221.7 0.0 0.0 221.7 0.0
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture   2.3          
Exercise of stock options/vesting of RSUs (47.0) $ 0.0 (47.0) 0.0 0.0 (47.0) 0.0
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.3          
Sale of common stock 23.3 $ 0.0 23.3 0.0 0.0 23.3 0.0
Cash Dividends Declared (1,412.7) 0.0 0.0 (1,412.7) 0.0 (1,412.7) 0.0
Other $ 0.2 $ 0.0 0.0 0.0 0.2 0.2 0.0
Common Stock, Dividends, Per Share, Declared $ 1.24            
Common Stock, Shares, Outstanding at Mar. 29, 2026   1,139.5          
Balance, Amount at Mar. 29, 2026 $ (8,457.7) $ 1.1 832.1 (8,881.0) (417.3) (8,465.1) 7.4
Balance, Amount at Dec. 28, 2025 (8,381.3) $ 1.1 721.5 (8,685.4) (425.9) (8,388.7) 7.4
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 28, 2025   1,139.1          
Net earnings 510.8 $ 0.0 0.0 510.9 0.0 510.9 (0.1)
Other comprehensive income/(loss) 8.6 0.0 0.0 0.0 8.5 8.5 0.1
Stock-based compensation expense 94.0 $ 0.0 94.0 0.0 0.0 94.0 0.0
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture   0.2          
Exercise of stock options/vesting of RSUs 5.1 $ 0.0 5.1 0.0 0.0 5.1 0.0
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.2          
Sale of common stock 11.5 $ 0.0 11.5 0.0 0.0 11.5 0.0
Cash Dividends Declared (706.5) 0.0 0.0 (706.5) 0.0 (706.5) 0.0
Other $ 0.1 $ 0.0 0.0 0.0 0.1 0.1 0.0
Common Stock, Dividends, Per Share, Declared $ 0.62            
Common Stock, Shares, Outstanding at Mar. 29, 2026   1,139.5          
Balance, Amount at Mar. 29, 2026 $ (8,457.7) $ 1.1 $ 832.1 $ (8,881.0) $ (417.3) $ (8,465.1) $ 7.4
v3.26.1
Accounting Policies
 6 Months Ended
Mar. 29, 2026
Accounting Policies [Abstract]  
Significant Accounting Policies [Text Block] Summary of Significant Accounting Policies
Financial Statement Preparation
The unaudited consolidated financial statements as of March 29, 2026, and for the quarters and two quarters ended March 29, 2026 and March 30, 2025, 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 two quarters ended March 29, 2026, and March 30, 2025, 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 (together with its subsidiaries) is referred to as “Starbucks,” the “Company,” “we,” “us,” or “our.”
Segment information is prepared on the same basis that our chief executive officer, who is our Chief Operating Decision Maker (“CODM”), manages the segments, evaluates financial results, and makes key operating decisions.
The financial information as of September 28, 2025, is derived from our audited consolidated financial statements and notes for the fiscal year ended September 28, 2025 (“fiscal 2025”) included in Item 8 in the fiscal 2025 Annual Report on Form 10-K filed with the SEC on November 14, 2025 (“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 two quarters ended March 29, 2026, are not necessarily indicative of the results of operations that may be achieved for the entire fiscal year ending September 27, 2026 (“fiscal 2026”).
Restructuring
In the fourth quarter of fiscal 2024, we announced our “Back to Starbucks” strategy, which was implemented with the goal to bring customers back to our stores and return to growth by revitalizing coffeehouses, enhancing the customer experience, and improving efficiency. As part of this strategy, during the second quarter of fiscal 2025, we announced our plan to restructure our support organization in an effort to operate more efficiently, increase accountability, reduce complexity, and drive better integration, which resulted in a reduction in our support partner workforce.
In the fourth quarter of fiscal 2025, we announced a restructuring plan involving the closure of coffeehouses, and the further transformation of our support organization, as part of the Company’s “Back to Starbucks” strategy. We assessed our existing store portfolio with respect to both whether coffeehouses had a viable path to offering the physical environment consistent with the brand and a clear path to financial performance, and we closed, or plan to close, coffeehouses that did not meet these criteria.
In the second quarter of fiscal 2026, management approved a restructuring plan to relocate certain functions of our support organization to an additional office in Nashville, Tennessee, further supporting the Company’s “Back to Starbucks” strategy and the intention to establish a more strategic presence in the Southeast region of the United States.
Refer to Note 17, Restructuring, for further discussion.
Assets Held for Sale
We classify long-lived assets or disposal groups as held for sale in the period when all of the following conditions have been met:
•we have approved and committed to a plan to sell the assets or disposal group;
•the asset or disposal group is available for immediate sale in its present condition;
•an active program to locate a buyer and other actions required to complete the sale have been initiated;
•the sale of the asset or disposal group is probable and expected to be completed within one year;
•the asset or disposal group is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and
•it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn.
We initially measure a long-lived asset or disposal group classified as held for sale at the lower of its carrying value or fair value less any costs to sell, and we recognize any resulting loss in the period in which the held-for-sale criteria are met. Gains are not recognized until the date of sale. We cease depreciation and amortization of a long-lived asset, or assets within a disposal group, upon their designation as held for sale and subsequently assess fair value less any costs to sell at each reporting period until the asset or disposal group is no longer classified as held for sale.
In the first quarter of fiscal 2026, the company announced an agreement to form a joint venture with Boyu Capital to operate Starbucks retail in China (the “disposal group”). Under the agreement, Boyu Capital acquired a 60% interest in Starbucks retail operations in China. Starbucks retained a 40% interest in the joint venture and continues to own and license the Starbucks brand and intellectual property to the new entity. We classified the assets and liabilities of the disposal group as held for sale on the consolidated balance sheets, which required us to cease property, plant, and equipment depreciation and operating lease right-of-use (“ROU”) asset amortization of the related long-lived assets, resulting in reduced depreciation and amortization and store operating expenses. We also changed our indefinite reinvestment assertions upon classification as held for sale, resulting in an increase in our income tax expense. No impairment was recorded upon the classification of the disposal group as held for sale. Refer to Note 2, Acquisitions and Divestitures, for further discussion.
On March 30, 2026, in the third quarter of fiscal 2026, the previously announced transaction subsequently closed, and we transitioned from recording revenues and expenses of the disposal group to recording our share of income from the joint venture, recognized as income from equity investees under the equity method of accounting, and recording revenues related to product sales and royalties. The disposal group was deconsolidated from our financial statements and will be reported as part of our licensed portfolio in the third quarter of fiscal 2026. Refer to Note 18, Subsequent Event, for further discussion.
Recent Accounting Pronouncements
Recently Adopted Accounting Pronouncements
In the fourth quarter of fiscal 2025, we adopted the Financial Accounting Standards Board (“FASB”) issued guidance expanding segment disclosure requirements. The amendments require enhanced disclosure for certain segment items and disclosure on how our CODM uses reported measures to assess segment performance. The amendments do not change how segments are determined, aggregated, or how thresholds are applied to determine reportable segments. The adoption of this guidance did not have a significant impact on our consolidated financial statement disclosures. Refer to Note 16, Segment Reporting, for our segment disclosures including enhancements as a result of the amendments.
Recent Accounting Pronouncements Not Yet Adopted
In December 2023, the FASB issued guidance expanding disclosure requirements related to income taxes. The amendments require enhanced jurisdictional disclosures for the income tax rate reconciliation and related to cash income taxes paid. Additionally, certain disclosures related to unrecognized tax benefits and indefinite reinvestment assertions were removed. The amendments are effective for our fiscal year ending September 27, 2026. While we are still evaluating the specific impacts, we anticipate this guidance will have a significant impact on our annual income tax disclosures.
In November 2024, the FASB issued guidance expanding disclosure requirements related to certain income statement expenses. The amendments require tabular disclosure of certain operating expenses disaggregated into categories, such as purchases of inventory, employee compensation, depreciation, and intangible asset amortization. The amendments are effective for our fiscal year ending October 1, 2028, and may be applied retrospectively. While we are still evaluating the specific impacts and adoption method, we anticipate this guidance will have a significant impact on our consolidated financial statement disclosures.
In July 2025, the FASB issued guidance providing a practical expedient for measuring expected credit losses on current accounts receivable and current contract assets arising from revenue transactions. The amendment is effective for our fiscal year ending October 3, 2027. While we are still evaluating the specific impacts, we anticipate the impact to be limited to the simplification of the estimation process, with no material impact on the allowance for credit losses.
v3.26.1
Acquisitions and Divestitures
 6 Months Ended
Mar. 29, 2026
Business Combination [Abstract]  
Acquisitions and Divestitures Acquisitions and Divestitures
Fiscal 2026
On November 3, 2025, we announced that the Company entered into an agreement to form a joint venture with Boyu Capital to operate Starbucks retail in China. We believe this partnership marks a significant milestone in the Company’s ongoing transformation and underscores its commitment to accelerating long-term growth in China. Under the agreement, Boyu Capital acquired a 60% interest in Starbucks retail operations in China. The partial divestiture resulted in the conversion of 7,991 company-operated stores to licensed stores within our International segment. Starbucks retained a 40% interest in the joint venture and will continue to own and license the Starbucks brand and intellectual property to the new entity. Boyu Capital acquired its interest based on a cash-free, debt-free mutually agreed-upon total enterprise value of approximately $4 billion.
In the first quarter of 2026, we determined that the disposal group met the held-for-sale criteria and remained classified as held for sale as of March 29, 2026. Accordingly, we have presented the assets and liabilities of the disposal group as held for sale on the consolidated balance sheets.
As of March 29, 2026, the net carrying amounts of the major classes of assets and liabilities of the disposal group were as follows (in millions):
Amount
Cash and cash equivalents$570.0 
Accounts receivable, net63.7 
Inventories112.9 
Prepaid expenses and other current assets54.5 
Property, plant and equipment, net912.4 
Operating lease, right-of-use asset1,075.6 
Deferred income taxes, net98.0 
Other long-term assets56.3 
Goodwill2,100.0 
Assets held for sale$5,043.4 
Accounts payable$129.6 
Accrued liabilities119.7 
Accrued payroll and benefits106.0 
Current portion of operating lease liability226.6 
Stored value card liability and current portion of deferred revenue187.5 
Short-term debt
2.5 
Operating lease liability829.3 
Deferred revenue
16.4 
Other long-term liabilities68.0 
Liabilities held for sale$1,685.6 
On March 30, 2026, in the third quarter of fiscal 2026, the previously announced transaction subsequently closed for total consideration of $3.1 billion. We transitioned from recording revenues and expenses of the disposal group to recording our share of income from the joint venture, recognized as income from equity investees under the equity method of accounting, and recording revenues related to product sales and royalties. The disposal group was deconsolidated from our financial statements and will be reported as part of our licensed portfolio in the third quarter of fiscal 2026. Refer to Note 18, Subsequent Event, for further discussion.
Fiscal 2025
On October 14, 2024, we acquired a 100% ownership interest in 23.5 Degrees Topco Limited, a U.K. licensed business partner, to expand our portfolio of company-operated stores and enhance the coffeehouse experience for customers. The acquisition converted 113 licensed stores to company-operated stores within our International operating segment.
The assets acquired and liabilities assumed are included in our International operating segment. Assets acquired primarily include operating lease ROU assets, intangible assets, goodwill, and property, plant and equipment. The intangible assets acquired as part of this transaction include reacquired licensee agreement rights, which will be amortized over the estimated useful life. In addition, we assumed various liabilities, primarily consisting of operating lease liabilities. The transaction was not material to our consolidated financial statements.
v3.26.1
Derivative Financial Instruments
 6 Months Ended
Mar. 29, 2026
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, including forward-starting interest rate swaps and treasury locks, settled in cash based upon the difference between an agreed-upon benchmark rate and the prevailing benchmark rate at settlement. These agreements are generally settled around 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 royalty revenue, 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. Gains and losses from these derivatives, representing hedged components excluded from the assessment of effectiveness, are amortized over the life of the hedging instrument using a systematic and rational method and recognized in interest expense.
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 or where price variability in the underlying cash flow ceases to exist, 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 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)
Mar 29, 2026Sep 28, 2025
Cash Flow Hedges:
Coffee$27.4 $23.3 $26.2 9
Foreign currency - other28.1 19.0 17.6 35
Interest rates0.4 (1.4)(3.4)0
Net Investment Hedges:
Cross-currency swaps215.9 206.2 96
Foreign currency16.0 16.0 0
Foreign currency debt135.2 135.2 0
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)
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Cash Flow Hedges:
Coffee$1.6 $0.6 $(17.8)$17.4 Product and distribution costs
Cross-currency swaps— — — 0.6 Interest income and other, net
Dairy— (0.2)— — Product and distribution costs
Foreign currency - other17.4 (7.0)5.7 7.4 Licensed stores revenue
1.7 2.6 Product and distribution costs
Interest rates— — (1.2)(1.0)Interest expense
Net Investment Hedges:
Cross-currency swaps (1)
8.4 13.1 24.1 27.7 Interest expense

Two Quarters Ended
Gains/(Losses) Recognized in
OCI Before Reclassifications		Gains/(Losses) Reclassified from
AOCI to Earnings		Location of gain/(loss)
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Cash Flow Hedges:
Coffee$(12.6)$13.4 $(17.6)$45.1 Product and distribution costs
Cross-currency swaps— 0.9 — 1.4 Interest income and other, net
Dairy— (1.3)— 1.4 Product and distribution costs
Foreign currency - other27.4 50.0 12.4 16.2 Licensed stores revenue
3.3 4.3 Product and distribution costs
Interest rates— — (2.4)(2.0)Interest expense
Net Investment Hedges:
Cross-currency swaps (1)
63.8 220.6 50.8 55.4 Interest expense
(1) Gains and losses recognized in earnings relate to components excluded from the assessment of effectiveness.
Pre-tax gains and losses on non-designated derivatives and designated fair value hedging instruments and the related fair value hedged item recognized in earnings (in millions):
Gains/(Losses) Recognized in Earnings
Location of gain/(loss) recognized in earnings Quarter EndedTwo Quarters Ended
 Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Non-Designated Derivatives:
DairyInterest income and other, net$— $— $— $0.1 
Cross-currency swaps
Interest income and other, net
(2.0)— (2.0)— 
Foreign currency - otherInterest income and other, net3.5 (2.8)5.4 6.1 
Diesel fuel and other commoditiesInterest income and other, net— (0.2)— (0.3)
Fair Value Hedges:
Interest rate swaps
Interest expense(3.7)4.6 (4.0)(8.5)
Long-term debt (hedged item)Interest expense2.2 (6.8)0.7 3.8 
Notional amounts of outstanding derivative contracts (in millions):
Mar 29, 2026Sep 28, 2025
Coffee$193 $387 
Cross-currency swaps(1)
1,697 4,197 
Diesel fuel and other commodities— 2 
Foreign currency - other 976 930 
Interest rate swaps350 350 
Fair value of outstanding derivative contracts (in millions) including the location of the asset and/or liability on the consolidated balance sheets:
Derivative Assets
Balance Sheet LocationMar 29, 2026Sep 28, 2025
Designated Derivative Instruments(2):
Cross-currency swapsOther long-term assets379.9 271.9 
Foreign currency - otherPrepaid expenses and other current assets21.7 13.0 
Other long-term assets13.4 6.7 
Non-designated Derivative Instruments:
Diesel fuel and other commoditiesPrepaid expenses and other current assets— 0.1 
Foreign currencyPrepaid expenses and other current assets2.3 2.7 
Derivative Liabilities
Balance Sheet LocationMar 29, 2026Sep 28, 2025
Designated Derivative Instruments:
Cross-currency swapsAccrued liabilities$— $5.8 
Other long-term liabilities— 3.5 
Foreign currency - otherAccrued liabilities0.1 0.2 
Other long-term liabilities0.1 0.2 
Interest rate swapsOther long-term liabilities17.1 17.0 
Non-designated Derivative Instruments:
Foreign currencyAccrued liabilities0.5 1.1 
Other long-term liabilities— 0.2 
(1) The reduction in hedged notional in the current period reflects the maturity and early termination of Net Investment Hedges related to the divestiture of Starbucks retail operations in China. The AOCI will be released to earnings in the third quarter of fiscal 2026 consistent with the timing of the transaction closing.
(2) We also hold cash and cash equivalents from various settled-to-market exchange traded futures related to coffee hedging.
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
Mar 29, 2026Sep 28, 2025Mar 29, 2026Sep 28, 2025
Location on the balance sheet
Long-term debt$333.4 $334.1 $(16.6)$(15.9)
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.
v3.26.1
Fair Value Measurements
 6 Months Ended
Mar. 29, 2026
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
Assets and liabilities measured at fair value on a recurring basis (in millions):
  Fair Value Measurements at Reporting Date Using
 Balance at
Mar 29, 2026		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$1,532.0 $1,532.0 $— $— 
Short-term investments:
Available-for-sale debt securities:
Corporate debt securities54.2 — 41.9 12.3 
Mortgage and other asset-backed securities0.7 — 0.7 — 
State and local government obligations3.8 — 3.8 — 
U.S. government treasury securities32.3 32.3 — — 
Total available-for-sale debt securities91.0 32.3 46.4 12.3 
Marketable equity securities77.3 77.3 — — 
Total short-term investments168.3 109.6 46.4 12.3 
Prepaid expenses and other current assets:
Derivative assets24.0 — 24.0 — 
Long-term investments:
Available-for-sale debt securities:
Corporate debt securities154.6 — 126.4 28.2 
Mortgage and other asset-backed securities71.3 — 71.3 — 
U.S. government treasury securities80.4 80.4 — — 
Total available-for-sale debt securities306.3 80.4 197.7 28.2 
Total long-term investments306.3 80.4 197.7 28.2 
Other long-term assets:
Derivative assets393.3 — 393.3 — 
Total assets2,423.9 1,722.0 661.4 40.5 
Liabilities:
Accrued liabilities:
Derivative liabilities0.6 — 0.6 — 
Other long-term liabilities:
Derivative liabilities17.2 — 17.2 — 
Total liabilities$17.8 $— $17.8 $— 
  Fair Value Measurements at Reporting Date Using
 Balance at
Sep 28, 2025		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$3,219.8 $3,219.8 $— $— 
Short-term investments:
Available-for-sale debt securities:
Corporate debt securities67.8 — 55.9 11.9 
Mortgage and other asset-backed securities0.4 — 0.4 — 
State and local government obligations1.1 — 1.1 — 
U.S. government treasury securities82.6 82.6 — — 
Total available-for-sale debt securities151.9 82.6 57.4 11.9 
Marketable equity securities95.3 95.3 — — 
Total short-term investments247.2 177.9 57.4 11.9 
Prepaid expenses and other current assets:
Derivative assets15.9 — 15.9 — 
Long-term investments:
Available-for-sale debt securities:
Corporate debt securities132.2 — 105.5 26.7 
Mortgage and other asset-backed securities75.7 — 75.7 — 
State and local government obligations2.7 — 2.7 — 
U.S. government treasury securities36.3 36.3 — — 
Total available-for-sale debt securities246.9 36.3 183.9 26.7 
Total long-term investments246.936.3183.926.7
Other long-term assets:
Derivative assets278.6 — 278.6 — 
Total assets4,008.4 3,434.0 535.8 38.6 
Liabilities:
Accrued liabilities:
Derivative liabilities7.1 — 7.1 — 
Other long-term liabilities:
Derivative liabilities20.9 — 20.9 — 
Total liabilities$28.0 $— $28.0 $— 
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 March 29, 2026, and September 28, 2025.
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, equity and other investments, 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 two quarters ended March 29, 2026, and March 30, 2025.
v3.26.1
Inventories
 6 Months Ended
Mar. 29, 2026
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block] Inventories (in millions):
Mar 29, 2026(2)
Sep 28, 2025
Coffee:
Unroasted$992.5 $911.2 
Roasted425.8 342.0 
Other merchandise held for sale (1)
307.0 399.7 
Packaging and other supplies432.5 532.7 
Total$2,157.8 $2,185.6 
(1)“Other merchandise held for sale” includes, among other items, food, serveware, and tea. Inventory levels vary due to seasonality, commodity market supply, and price fluctuations.
(2)The fiscal year 2026 balances exclude Starbucks retail operations in China that were classified as held for sale.
As of March 29, 2026, we had committed to purchasing green coffee totaling $467 million under fixed-price contracts and an estimated $497 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.
v3.26.1
Supplemental Balance Sheet and Income Statement
 6 Months Ended
Mar. 29, 2026
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
Mar 29, 2026(1)
Sep 28, 2025
Land$54.9 $54.9 
Buildings665.7 673.7 
Leasehold improvements10,379.9 11,762.4 
Store equipment3,427.3 3,963.6 
Roasting equipment971.3 982.2 
Capitalized software1,025.9 1,177.7 
Furniture, fixtures and other738.7 893.9 
Work in progress309.1 334.3 
Property, plant and equipment, gross17,572.8 19,842.7 
Accumulated depreciation(10,384.1)(11,349.2)
Property, plant and equipment, net$7,188.7 $8,493.5 
(1)The fiscal year 2026 balances exclude Starbucks retail operations in China that were classified as held for sale.
Accrued Liabilities
Mar 29, 2026(1)
Sep 28, 2025
Accrued occupancy costs$58.2 $89.5 
Accrued dividends payable706.4 704.8 
Accrued capital and other operating expenditures760.0 897.0 
Insurance reserves
357.4 282.3 
Income taxes payable70.3 150.3 
Accrued business taxes215.7 235.8 
Total accrued liabilities$2,168.0 $2,359.7 
(1)The fiscal year 2026 balances exclude Starbucks retail operations in China that were classified as held for sale.
Store Operating Expenses
Quarter EndedTwo Quarters Ended
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Wages and benefits$2,645.3 $2,406.1 $5,304.0 $4,795.2 
Occupancy costs768.1 807.2 1,572.9 1,609.3 
Other expenses995.2 962.7 2,084.1 1,974.6 
Total store operating expenses$4,408.6 $4,176.0 $8,961.0 $8,379.1 
v3.26.1
Other Intangible Assets and Goodwill
 6 Months Ended
Mar. 29, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block] Other Intangible Assets and Goodwill
Indefinite-Lived Intangible Assets
(in millions)Mar 29, 2026Sep 28, 2025
Trade names, trademarks and patents$79.5 $79.5 

Finite-Lived Intangible Assets
Mar 29, 2026Sep 28, 2025
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired and reacquired rights (1)
$312.3 $(235.2)$77.1 $1,053.9 $(974.9)$79.0 
Acquired trade secrets and processes27.6 (27.6)— 27.6 (27.6)— 
Trade names, trademarks and patents130.2 (123.9)6.3 131.2 (122.9)8.3 
Licensing agreements12.2 (12.2)— 13.0 (13.0)— 
Other finite-lived intangible assets18.6 (5.5)13.1 20.5 (20.5)— 
Total finite-lived intangible assets$500.9 $(404.4)$96.5 $1,246.2 $(1,158.9)$87.3 
(1)The decrease in acquired and reacquired rights was a result of Starbucks retail operations in China being classified as held for sale.
Amortization expense for finite-lived intangible assets was $1.2 million and $2.7 million for the quarter and two quarters ended March 29, 2026, respectively, and $5.8 million and $11.4 million for the quarter and two quarters ended March 30, 2025, respectively.
Estimated future amortization expense as of March 29, 2026 (in millions):
Fiscal YearTotal
2026 (excluding the two quarters ended March 29, 2026)
$6.1 
202712.0 
20288.2 
20294.9 
20304.7 
Thereafter60.6 
Total estimated future amortization expense$96.5 
Goodwill
Changes in the carrying amount of goodwill by reportable operating segment (in millions):
North AmericaInternationalChannel DevelopmentCorporate and OtherTotal
Goodwill balance at September 28, 2025
$490.6 $2,842.6 $34.7 $1.0 $3,368.9 
Divestiture (1)
— (2,100.0)— — (2,100.0)
Other (2)
0.2 26.0 — — 26.2 
Goodwill balance at March 29, 2026
$490.8 $768.6 $34.7 $1.0 $1,295.1 
(1)The decrease in the International segment was a result of Starbucks retail operations in China being classified as held for sale.
(2)“Other” consists of changes in the goodwill balance resulting from foreign currency translation.
v3.26.1
Debt
 6 Months Ended
Mar. 29, 2026
Debt Disclosure [Abstract]  
Debt Debt
Revolving Credit Facility
Our $3.0 billion unsecured five-year revolving credit facility (the “2025 credit facility”), of which $150.0 million may be used for issuances of letters of credit, is currently set to mature on June 13, 2030. The 2025 credit facility is available for working capital, capital expenditures, and other general 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 2025 credit facility will bear interest at a fluctuating rate based on the Term Secured Overnight Financing Rate (“Term SOFR”), and, for U.S. dollar-denominated loans under certain circumstances, a Base Rate (as defined in the 2025 credit facility), in each case plus an applicable rate. The applicable rate is based on the Company’s long-term credit ratings assigned by Moody’s and Standard & Poor’s rating agencies. The 2025 credit facility contains alternative interest rate provisions specifying rate calculations to be used at such time Term SOFR ceases to be available as a benchmark due to reference rate reform. The “Base Rate” of interest is the highest of (i) the Federal Funds Rate plus 0.50%, (ii) Bank of America’s prime rate, (iii) Term SOFR plus 1.00%, and (iv) 1.00%. Upon the occurrence of any event of default under the 2025 credit facility, interest on the outstanding amount of the indebtedness under the 2025 credit facility will bear interest at a rate per annum equal to 2% in excess of the interest then borne by such borrowings.
The 2025 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 March 29, 2026, we were in compliance with all applicable covenants. No amounts were outstanding under our 2025 credit facility as of March 29, 2026, or September 28, 2025.
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 2025 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. We had no borrowings outstanding under our commercial paper program as of March 29, 2026, and September 28, 2025. Our total available contractual borrowing capacity for general corporate purposes was $3.0 billion as of the end of our second quarter of fiscal 2026.
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 ¥5.0 billion, or $31.3 million, credit facility is currently set to mature on December 30, 2026. 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 ¥10.0 billion, or $62.6 million, credit facility is currently set to mature on March 27, 2027. Borrowings under this credit facility are subject to terms defined within the facility and will bear interest at a variable rate based on TIBOR plus an applicable margin of 0.300%.
As of March 29, 2026, and September 28, 2025, we had no borrowings outstanding under these credit facilities.
Long-term Debt
Components of long-term debt including the associated interest rates and related estimated fair values by calendar maturity (in millions, except interest rates):
Mar 29, 2026Sep 28, 2025Stated Interest Rate
Effective Interest Rate(1)
IssuanceAmountEstimated Fair ValueAmountEstimated Fair Value
February 2026 notes$— $— $1,000.0 $1,001.7 4.750 %4.788 %
June 2026 notes500.0 498.1 500.0 494.0 2.450 %2.511 %
February 2027 notes1,000.0 1,004.6 1,000.0 1,009.8 4.850 %4.958 %
March 2027 notes500.0 489.4 500.0 484.7 2.000 %2.058 %
March 2028 notes600.0 589.4 600.0 591.9 3.500 %3.529 %
May 2028 notes750.0 749.3 750.0 757.1 4.500 %4.719 %
November 2028 notes750.0 741.5 750.0 747.9 4.000 %3.958 %
August 2029 notes(2)
1,000.0 970.0 1,000.0 978.5 3.550 %3.840 %
March 2030 notes750.0 684.0 750.0 687.8 2.250 %3.084 %
May 2030 notes500.0 503.0 500.0 510.2 4.800 %4.932 %
November 2030 notes1,250.0 1,137.5 1,250.0 1,145.9 2.550 %2.582 %
February 2031 notes500.0 503.7 500.0 514.2 4.900 %5.046 %
February 2032 notes1,000.0 904.8 1,000.0 918.1 3.000 %3.155 %
February 2033 notes500.0 495.7 500.0 505.7 4.800 %3.798 %
February 2034 notes500.0 498.3 500.0 509.9 5.000 %5.127 %
May 2035 notes500.0 505.3 500.0 516.6 5.400 %5.510 %
June 2045 notes350.0 282.0 350.0 292.1 4.300 %4.348 %
December 2047 notes500.0 362.0 500.0 378.0 3.750 %3.765 %
November 2048 notes1,000.0 815.4 1,000.0 849.6 4.500 %4.504 %
August 2049 notes1,000.0 802.4 1,000.0 839.5 4.450 %4.447 %
March 2050 notes500.0 333.9 500.0 346.0 3.350 %3.362 %
November 2050 notes1,250.0 852.5 1,250.0 889.0 3.500 %3.528 %
Total15,200.0 13,722.8 16,200.0 14,968.2 
Aggregate debt issuance costs and unamortized premium/(discount), net(101.5)(109.3)
Hedge accounting fair value adjustment (2)
(16.6)(15.9)
Total$15,081.9 $16,074.8 
(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 $350.0 million of our August 2029 notes. Refer to Note 3, Derivative Financial Instruments, for additional information on our interest rate swap agreements designated as fair value hedges.
The following table summarizes our long-term debt maturities as of March 29, 2026, by fiscal year (in millions):
Fiscal Year Total
2026 (excluding the two quarters ended March 29, 2026)
$500.0 
20271,500.0 
20281,350.0 
20291,750.0 
20301,250.0 
Thereafter8,850.0 
Total$15,200.0 
v3.26.1
Leases
 6 Months Ended
Mar. 29, 2026
Leases [Abstract]  
Lessee, Operating Leases Leases
The components of lease costs (in millions):
Quarter EndedTwo Quarters Ended
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Operating lease costs (1) (2)
$406.9 $458.4 $898.5 $917.2 
Variable lease costs315.1 297.5 628.3 590.9 
Short-term lease costs4.6 5.3 9.4 10.8 
Total lease costs$726.6 $761.2 $1,536.2 $1,518.9 
(1)Includes immaterial amounts of sublease income and rent concessions.
(2)The decrease in fiscal 2026 was a result of Starbucks retail operations in China being classified as held for sale during the fiscal quarter, which required us to cease operating lease ROU asset amortization of the related long-lived assets.
The following table includes supplemental information (in millions):
Two Quarters Ended
Mar 29, 2026Mar 30, 2025
Cash paid related to operating lease liabilities$1,049.2 $928.8 
Operating lease liabilities arising from obtaining ROU assets (1)
630.0 1,076.6 
Mar 29, 2026Mar 30, 2025
Weighted-average remaining operating lease term (1)
8.6 years8.6 years
Weighted-average operating lease discount rate (1)
3.8 %3.6 %
(1)The fiscal year 2026 amounts exclude Starbucks retail operations in China that were classified as held for sale and the fiscal year 2025 amounts include leases obtained in the acquisition of 23.5 Degrees Topco Limited.
Finance lease assets are recorded in property, plant and equipment, net or assets held for sale, and the corresponding lease liabilities are included in accrued liabilities or liabilities held for sale on the consolidated balance sheets. These balances were not material as of March 29, 2026, and September 28, 2025. Finance lease costs were also immaterial for the quarter and two quarters ended March 29, 2026, and March 30, 2025.
Minimum future maturities of operating lease liabilities (in millions):
Fiscal Year
Total (1)
2026 (excluding the two quarters ended March 29, 2026)
$836.2 
20271,600.2 
20281,446.8 
20291,293.0 
20301,155.2 
Thereafter4,660.7 
Total lease payments10,992.1 
Less imputed interest(1,682.6)
Total$9,309.5 
(1)Balances exclude Starbucks retail operations in China that were classified as held for sale.
As of March 29, 2026, we have entered into operating leases that have not yet commenced of $678.5 million, primarily related to real estate leases. These leases will commence between fiscal year 2026 and fiscal year 2030 with lease terms ranging from 5 to 20 years. Lease exit costs associated with our restructuring efforts primarily relate to the closure of certain Starbucks company-operated stores. During the quarter and two quarters ended March 29, 2026, total lease exit costs of $3.0 million and $51.9 million, respectively, were recorded in restructuring and impairments on the consolidated statement of earnings. See Note 17, Restructuring, for further discussion.
v3.26.1
Deferred Revenue
 6 Months Ended
Mar. 29, 2026
Deferred Revenue [Abstract]  
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 March 29, 2026, the current and long-term deferred revenue related to the Nestlé up-front payment was $177.0 million and $5.6 billion, respectively. As of September 28, 2025, the current and long-term deferred revenue related to the Nestlé up-front payment was $177.0 million and $5.6 billion, respectively. During each of the quarters ended March 29, 2026, and March 30, 2025, we recognized $44.1 million of prepaid royalty revenue related to Nestlé. During each of the two quarters ended March 29, 2026, and March 30, 2025, we recognized $88.2 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 March 29, 2026
Total
Stored value cards and loyalty program at December 28, 2025
$2,073.3 
Revenue deferred - card activations, card reloads and Stars earned3,577.0 
Revenue recognized - card and Stars redemptions and breakage(3,900.8)
Other (1)
(4.4)
Divestiture (2)
8.5 
Stored value cards and loyalty program at March 29, 2026 (3)
$1,753.6 
Quarter Ended March 30, 2025
Total
Stored value cards and loyalty program at December 29, 2024
$2,213.1 
Revenue deferred - card activations, card reloads and Stars earned3,496.8 
Revenue recognized - card and Stars redemptions and breakage(3,862.9)
Other (1)
6.2 
Stored value cards and loyalty program at March 30, 2025 (3)
$1,853.2 
Two Quarters Ended March 29, 2026
Total
Stored value cards and loyalty program at September 28, 2025
$1,751.7 
Revenue deferred - card activations, card reloads and Stars earned7,931.7 
Revenue recognized - card and Stars redemptions and breakage(7,724.4)
Other(1)
(5.7)
Divestiture (2)
(199.7)
Stored value cards and loyalty program at March 29, 2026 (3)
$1,753.6 
Two Quarters Ended March 30, 2025
Total
Stored value cards and loyalty program at September 29, 2024
$1,718.7 
Revenue deferred - card activations, card reloads and Stars earned7,911.2 
Revenue recognized - card and Stars redemptions and breakage(7,755.8)
Other(1)
(20.9)
Stored value cards and loyalty program at March 30, 2025 (3)
$1,853.2 
(1)“Other” primarily consists of changes in the stored value cards and loyalty program balances resulting from foreign currency translation.
(2)The decrease was a result of Starbucks retail operations in China being classified as held for sale.
(3)As of March 29, 2026, and March 30, 2025, approximately $1.6 billion and $1.7 billion, respectively, of these amounts were current.
v3.26.1
Equity
 6 Months Ended
Mar. 29, 2026
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
March 29, 2026
Net gains/(losses) in AOCI, beginning of period$1.2 $30.9 $378.8 $(836.8)$(425.9)
Net gains/(losses) recognized in OCI before reclassifications(2.1)14.5 6.3 (2.9)15.8 
Net (gains)/losses reclassified from AOCI to earnings0.2 10.5 (18.0)— (7.3)
Other comprehensive income/(loss) attributable to Starbucks(1.9)25.0 (11.7)(2.9)8.5 
Other comprehensive income/(loss) attributable to NCI — — — 0.1 0.1 
Net gains/(losses) in AOCI, end of period$(0.7)$55.9 $367.1 $(839.6)$(417.3)
March 30, 2025
Net gains/(losses) in AOCI, beginning of period$(3.7)$94.2 $382.1 $(1,056.2)$(583.6)
Net gains/(losses) recognized in OCI before reclassifications1.7 (4.9)9.8 90.6 97.2 
Net (gains)/losses reclassified from AOCI to earnings0.2 (22.0)(20.8)— (42.6)
Other comprehensive income/(loss) attributable to Starbucks1.9 (26.9)(11.0)90.6 54.6 
Net gains/(losses) in AOCI, end of period$(1.8)$67.3 $371.1 $(965.6)$(529.0)
Two Quarters EndedAvailable-for-Sale Debt SecuritiesCash Flow HedgesNet Investment HedgesTranslation Adjustment and OtherTotal
March 29, 2026
Net gains/(losses) in AOCI, beginning of period$0.5 $40.9 $357.4 $(858.1)$(459.3)
Net gains/(losses) recognized in OCI before reclassifications(1.6)10.0 47.7 18.3 74.4 
Net (gains)/losses reclassified from AOCI to earnings0.4 5.0 (38.0)(32.6)
Other comprehensive income/(loss) attributable to Starbucks(1.2)15.0 9.7 18.3 41.8 
Other comprehensive income/(loss) attributable to NCI — — — 0.2 0.2 
Net gains/(losses) in AOCI, end of period$(0.7)$55.9 $367.1 $(839.6)$(417.3)
March 30, 2025
Net gains/(losses) in AOCI, beginning of period$(2.3)$70.5 $247.7 $(744.7)$(428.8)
Net gains/(losses) recognized in OCI before reclassifications0.1 46.6 164.9 (220.6)(9.0)
Net (gains)/losses reclassified from AOCI to earnings0.4 (49.8)(41.5)— (90.9)
Other comprehensive income/(loss) attributable to Starbucks0.5 (3.2)123.4 (220.6)(99.9)
Other comprehensive income/(loss) attributable to NCI— — — (0.3)(0.3)
Net gains/(losses) in AOCI, end of period$(1.8)$67.3 $371.1 $(965.6)$(529.0)
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
Mar 29, 2026Mar 30, 2025
Gains/(losses) on available-for-sale debt securities$(0.3)$(0.2)Interest income and other, net
Gains/(losses) on cash flow hedges(11.6)27.0 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges24.1 27.7 Interest expense
12.2 54.5 Total before tax
(4.9)(11.9)
Tax (expense)/benefit
$7.3 $42.6 Net of tax
Two Quarters Ended
AOCI
Components		Amounts Reclassified from AOCIAffected Line Item in
the Statements of Earnings
Mar 29, 2026Mar 30, 2025
Gains/(losses) on available-for-sale debt securities$(0.5)$(0.4)Interest income and other, net
Gains/(losses) on cash flow hedges(4.3)66.4 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges50.8 55.4 Interest expense
46.0 121.4 Total before tax
(13.4)(30.5)Tax (expense)/benefit
$32.6 $90.9 Net of tax
In addition to 2.4 billion shares of authorized common stock with $0.001 par value per share, we have 7.5 million shares of authorized preferred stock, none of which was outstanding as of March 29, 2026.
During the two quarters ended March 29, 2026, and March 30, 2025, we made no share repurchases. As of March 29, 2026, 29.8 million shares of common stock remained available for repurchase under current authorizations.
During the second quarter of fiscal 2026, our Board of Directors approved a quarterly cash dividend to shareholders of $0.62 per share to be paid on May 29, 2026, to shareholders of record as of the close of business on May 15, 2026.
v3.26.1
Employee Stock Plans
 6 Months Ended
Mar. 29, 2026
Share-Based Payment Arrangement [Abstract]  
Employee Stock Plans Employee Stock Plans
As of March 29, 2026, there were 67.3 million shares of common stock available for issuance pursuant to future equity-based compensation awards and 8.8 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 EndedTwo Quarters Ended
 Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Restricted Stock Units (“RSUs”)$93.2 $77.8 $219.3 $178.3 
Total stock-based compensation expense$93.2 $77.8 $219.3 $178.3 
RSU transactions from September 28, 2025 through March 29, 2026 (in millions):
Total
Nonvested, September 28, 2025
9.0 
Granted4.4 
Vested
(2.7)
Forfeited/expired(0.5)
Nonvested, March 29, 2026
10.2 
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of March 29, 2026
$364.8 
v3.26.1
Income Taxes
 6 Months Ended
Mar. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The effective tax rate for the quarter ended March 29, 2026, was 29.8% compared to 23.5% for the same period in fiscal 2025. The increase was primarily due to the impact of reorganizing certain entities in China (approximately 280 basis points), the $8 million discrete increase to the change in indefinite reinvestment assertions as a result of classifying the Starbucks retail operations in China as held for sale in the first quarter of fiscal 2026 (approximately 110 basis points), and the effect of higher pre-tax earnings and the proportionate impacts from certain permanent differences and discrete items.
The effective tax rate for the two quarters ended March 29, 2026, was 46.1% compared to 23.6% for the same period in fiscal 2025. The increase was primarily due to the $273 million discrete impact of changes in indefinite reinvestment assertions as a result of classifying Starbucks retail operations in China as held for sale in the first quarter of fiscal 2026 (approximately 1,830 basis points), lapping the discrete impact of a tax status change for a certain foreign entity in the first quarter of fiscal 2025 (approximately 200 basis points), and the impact of reorganizing certain entities in China (approximately 130 basis points).
v3.26.1
Earnings Per Share
 6 Months Ended
Mar. 29, 2026
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 EndedTwo Quarters Ended
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Net earnings attributable to Starbucks$510.9 $384.2 $804.2 $1,165.0 
Weighted average common shares outstanding (for basic calculation)1,139.4 1,136.0 1,138.7 1,135.3 
Dilutive effect of outstanding common stock options and RSUs3.8 4.0 3.9 3.9 
Weighted average common and common equivalent shares outstanding (for diluted calculation)1,143.2 1,140.0 1,142.6 1,139.2 
EPS — basic$0.45 $0.34 $0.71 $1.03 
EPS — diluted$0.45 $0.34 $0.70 $1.02 
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.
v3.26.1
Commitments and Contingencies
 6 Months Ended
Mar. 29, 2026
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 litigation matters associated with labor union organizing efforts and certain employment litigation cases that have been certified as class or collective actions, routine liability claims arising from alleged customer injuries, shareholder-related actions, and consumer fraud claims, 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. While we are closely monitoring the operational and financial impacts of labor union organizing efforts on our business, as of the date of this filing, we believe the risk of a material contingent loss associated with these litigation matters is remote. Refer to the Risk Factors in Part I, Item 1A of our most recently filed 10-K for further discussion of potential risks to our brand and related impacts on our financial results.
v3.26.1
Segment Reporting
 6 Months Ended
Mar. 29, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
We have three reportable operating segments: 1) North America, which is inclusive of the U.S. and Canada; 2) International, which is inclusive of China, Japan, Asia Pacific, Europe, Middle East, Africa, Latin America, and the Caribbean; and 3) Channel Development.
North America and International operations sell coffee and other beverages, complementary food, packaged coffees, single-serve coffee products, and a focused selection of merchandise through company-operated stores and licensed stores. Our North America segment is our most mature business and has achieved significant scale. Certain markets within our International operations are in various stages of development and may require more extensive support, relative to their current levels of revenue and operating income, than our North America operations.
Channel Development revenues include packaged coffee, tea, foodservice products, and ready-to-drink beverage sales to customers outside of our company-operated and licensed stores. Most of our Channel Development revenues are from product sales to, and royalty revenues from, Nestlé through the Global Coffee Alliance.
Our CODM evaluates the performance of our operating segments based primarily on net revenues and operating income, which represents earnings before other income and expenses and income taxes. Financial information and forecasts are reviewed by our CODM at the segment level, and are used to evaluate performance, monitor actual results versus forecasts, and allocate resources for the consolidated entity. Our CODM does not use total assets by segment as a basis for decision making.
The accounting policies of the operating segments are the same as those described in Note 1, Summary of Significant Accounting Policies and Estimates in Part II, Item 8 of our most recently filed 10-K.
Consolidated revenue mix by product type (in millions):
Quarter EndedTwo Quarters Ended
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Beverage (1)
$5,659.0 59 %$5,293.6 60 %$11,603.4 60 %$10,971.6 60 %
Food (2)
1,830.6 19 %1,691.9 19 %3,712.0 19 %3,482.3 19 %
Other (3)
2,041.9 22 %1,776.1 21 %4,131.2 21 %3,705.5 21 %
Total$9,531.5 100 %$8,761.6 100 %$19,446.6 100 %$18,159.4 100 %
(1)“Beverage” represents sales within our company-operated stores.
(2)“Food” represents 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, serveware, and ready to drink beverages, among other items.

Information by geographic area (in millions):
Quarter Ended
Two Quarters Ended
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Net revenues (1):
United States$6,930.3 $6,403.5 $14,174.3 $13,384.7 
China
809.2 752.1 1,644.9 1,508.8 
Other countries1,792.0 1,606.0 3,627.4 3,265.9 
Total$9,531.5 $8,761.6 $19,446.6 $18,159.4 
Mar 29, 2026Sep 28, 2025
Long-lived assets:
United States$15,645.7 $15,952.7 
China (2)
170.6 4,276.8 
Other countries4,182.0 4,407.9 
Total$19,998.3 $24,637.4 
(1) Includes Channel Development segment and other net revenues.
(2) The fiscal year 2026 balance excludes Starbucks retail operations in China that were classified as held for sale.

No customer accounts for 10% or more of our revenues. Revenues are shown based on the geographic location of our customers. Revenues from countries other than the U.S. and China consist primarily of revenues from Japan, Canada, and the U.K., which together account for approximately 72% of net revenues from other countries for the quarter and two quarters ended March 29, 2026, and 74% for the quarter and two quarters ended March 30, 2025, respectively.
The financial information below is presented for our reportable operating segments and Corporate and Other (in millions):

Quarter Ended
North AmericaInternational
Channel
Development
Corporate and Other

Total
 March 29, 2026
Total net revenues$6,893.8 $2,051.1 $567.8 $18.8 $9,531.5 
Product and distribution costs2,068.8 749.7 370.5 19.5 3,208.5 
Store operating expenses
3,691.9 716.7 — — 4,408.6 
Other operating expenses56.0 55.6 17.7 1.2 130.5 
Depreciation and amortization expenses299.5 32.6 — 31.3 363.4 
General and administrative expenses92.4 89.0 0.7 436.0 618.1 
Restructuring and impairments5.3 8.8 (0.1)11.1 25.1 
Total operating expenses
6,213.9 1,652.4 388.8 499.1 8,754.2 
Income from equity method investees— (0.1)50.9 — 50.8 
Operating income/(loss)$679.9 $398.6 $229.9 $(480.3)$828.1 
Interest income and other, net37.0 
Interest expense(137.0)
Earnings before income taxes$728.1 
Quarter Ended
North AmericaInternational
Channel
Development
Corporate and Other

Total
 March 30, 2025
Total net revenues$6,472.7 $1,867.1 $409.0 $12.8 $8,761.6 
Product and distribution costs1,807.1 659.8 257.7 13.0 2,737.6 
Store operating expenses3,431.6 744.4 — — 4,176.0 
Other operating expenses68.6 55.1 15.0 — 138.7 
Depreciation and amortization expenses299.2 89.0 — 30.7 418.9 
General and administrative expenses96.6 84.8 1.2 449.7 632.3 
Restructuring and impairments
21.3 16.8 0.9 77.2 116.2 
Total operating expenses
5,724.4 1,649.9 274.8 570.6 8,219.7 
Income from equity method investees— (0.2)59.3 — 59.1 
Operating income/(loss)$748.3 $217.0 $193.5 $(557.8)$601.0 
Interest income and other, net28.4 
Interest expense(127.3)
Earnings before income taxes$502.1 
Two Quarters Ended
North AmericaInternational
Channel
Development
Corporate and Other

Total
 March 29, 2026
Total net revenues$14,174.3 $4,116.0 $1,090.5 $65.8 $19,446.6 
Product and distribution costs4,204.3 1,497.8 723.1 56.9 6,482.1 
Store operating expenses
7,477.0 1,484.0 — — 8,961.0 
Other operating expenses115.8 112.3 31.5 2.1 261.7 
Depreciation and amortization expenses598.3 102.7 — 63.3 764.3 
General and administrative expenses186.7 184.9 1.9 883.3 1,256.8 
Restructuring and impairments45.3 52.4 0.1 15.4 113.2 
Total operating expenses
12,627.4 3,434.1 756.6 1,021.0 17,839.1 
Income from equity method investees— (0.5)111.8 — 111.3 
Operating income/(loss)$1,546.9 $681.4 $445.7 $(955.2)$1,718.8 
Interest income and other, net50.1 
Interest expense(276.0)
Earnings before income taxes$1,492.9 
Two Quarters Ended
North AmericaInternational
Channel
Development
Corporate and Other

Total
 March 30, 2025
Total net revenues$13,544.6 $3,738.4 $845.3 $31.1 $18,159.4 
Product and distribution costs3,774.6 1,306.8 517.5 32.4 5,631.3 
Store operating expenses6,890.1 1,489.0 — — 8,379.1 
Other operating expenses147.0 115.7 28.4 0.2 291.3 
Depreciation and amortization expenses588.1 178.1 — 60.0 826.2 
General and administrative expenses193.9 177.2 3.1 923.8 1,298.0 
Restructuring and impairments
21.3 16.8 0.9 77.2 116.2 
Total operating expenses
11,615.0 3,283.6 549.9 1,093.6 16,542.1 
Income from equity method investees— (0.7)106.2 — 105.5 
Operating income/(loss)$1,929.6 $454.1 $401.6 $(1,062.5)$1,722.8 
Interest income and other, net$56.2 
Interest expense(254.5)
Earnings before income taxes$1,524.5 
v3.26.1
Restructuring and Related Activities
 6 Months Ended
Mar. 29, 2026
Restructuring and Related Activities [Abstract]  
Restructuring, Impairment, and Other Activities Disclosure Restructuring
In the fourth quarter of fiscal 2024, we announced our “Back to Starbucks” strategy, which was implemented with the goal to bring customers back to our stores and return to growth by revitalizing coffeehouses, enhancing the customer experience, and improving efficiency. As part of this strategy, during the second quarter of fiscal 2025, we further decided and announced our plan to restructure our support organization in an effort to operate more efficiently, increase accountability, reduce complexity, and drive better integration, which resulted in a reduction in our support partner workforce. During the quarter and two quarters ended March 30, 2025, we recognized pre-tax restructuring charges of $116.2 million, primarily associated with partner severance costs. These costs were recorded to restructuring and impairments on our consolidated statement of earnings.

In the fourth quarter of fiscal 2025, we announced a restructuring plan involving the closure of coffeehouses and the further transformation of our support organization, as part of the Company’s “Back to Starbucks” strategy. We assessed our existing store portfolio with respect to both whether coffeehouses had a viable path to offering the physical environment consistent with the brand and a clear path to financial performance, and we closed, or plan to close, coffeehouses that did not meet these criteria.
During the quarter and two quarters ended March 29, 2026, 62 and 227 stores, respectively, were closed, and approximately $25.1 million and $113.2 million, respectively, was recorded to restructuring and impairments on our consolidated statement of earnings. This total consists of accelerated amortization of ROU lease assets and other lease exit costs, disposal and impairment of company-operated store assets, and employee severance, separation and other costs.

In the second quarter of fiscal 2026, management approved a restructuring plan to relocate certain functions of our support organization to an additional office in Nashville, Tennessee, further supporting the Company’s “Back to Starbucks” strategy and the intention to establish a more strategic presence in the Southeast region of the United States. Restructuring charges under this plan were immaterial during the quarter ended March 29, 2026.

The tables below present the restructuring and impairment charges by reportable operating segment and Corporate and Other (in millions):
Quarter Ended March 29, 2026
North AmericaInternational
Channel
Development
Corporate and Other

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

Total
Disposal and impairment of store assets$39.0 $0.1 $— $— $39.1 
Employee severance, separation and other costs1.6 5.1 0.1 15.4 22.2 
Amortization of ROU lease assets and other lease exit costs
4.7 47.2 — — 51.9 
Total Restructuring and impairment costs
$45.3$52.4$0.1$15.4$113.2

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

Employee severance, separation and other costs
Lease exit and other related costs (1)

Total
Beginning balance at September 28, 2025
$158.9 $238.9 $397.8 
Restructuring costs incurred
22.2 51.9 74.1 
Cash payments
(137.9)(93.0)(230.9)
Divestiture (2)
(2.6)(1.9)(4.5)
Other (3)
(14.2)— (14.2)
Ending balance at March 29, 2026
$26.4 $195.9 $222.3 
(1) The operating lease liability balance for total stores under the restructuring plan was $243.2 million as of March 29, 2026.
(2) The decrease was a result of Starbucks retail operations in China being classified as held for sale.
(3) “Other” primarily consists of updates to accrual estimates.
As of March 29, 2026, the majority of the remaining accrued employee separation costs are reflected in accrued payroll and benefits and the remaining accrued lease-related costs are reflected in the operating lease liability on the consolidated balance sheet.
We anticipate substantial completion of the fiscal 2025 restructuring plan and remaining store closures within fiscal year 2026. The Company estimates that it will incur approximately $150 million related to that plan during the remainder of fiscal 2026, primarily related to other lease exit costs and accelerated ROU lease asset amortization in our North America operating segment. The majority of the accrued liability balance as of March 29, 2026, relates to restructuring charges expected to be paid out by the end of fiscal year 2026.
v3.26.1
Subsequent Events
 6 Months Ended
Mar. 29, 2026
Subsequent Events [Abstract]  
Subsequent Events Subsequent EventOn March 30, 2026, following completion of the second fiscal quarter of 2026, we closed the previously announced divestiture of 60% of our Starbucks retail operations in China to Boyu Capital, our joint venture partner, for total consideration of $3.1 billion. Starbucks retained a 40% interest in the joint venture and continues to own and license the Starbucks brand and intellectual property to the new entity. The partial divestiture resulted in the conversion of 7,991 company-operated stores to licensed stores within our International segment. We currently plan to use the proceeds for debt reduction, strengthening our balance sheet, and allowing us to execute our long-term growth strategy with greater financial flexibility. As of March 29, 2026, all assets and liabilities related to the retail operations in China were classified as held for sale within the Company’s Consolidated Balance Sheets. See Note 2, Acquisitions and Divestitures, for further discussion. While the Company is still evaluating the effects the transaction will have on its fiscal third quarter financial results, we anticipate recognizing a material pre-tax gain on the sale. Following the closing, we transitioned from recording revenues and expenses of the disposal group to recording our share of income from the joint venture, recognized as income from equity investees under the equity method of accounting, and recording revenues related to product sales and royalties. The disposal group was deconsolidated from our financial statements and will be reported as part of our licensed portfolio in the third quarter of fiscal 2026.
v3.26.1
Insider Trading Arrangements
 3 Months Ended
Mar. 29, 2026
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
v3.26.1
Summary of Significant Accounting Policies (Policies)
 6 Months Ended
Mar. 29, 2026
Accounting Policies [Abstract]  
Summary Of Significant Accounting Policies (Policies) Summary of Significant Accounting Policies
Financial Statement Preparation
The unaudited consolidated financial statements as of March 29, 2026, and for the quarters and two quarters ended March 29, 2026 and March 30, 2025, 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 two quarters ended March 29, 2026, and March 30, 2025, 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 (together with its subsidiaries) is referred to as “Starbucks,” the “Company,” “we,” “us,” or “our.”
Segment information is prepared on the same basis that our chief executive officer, who is our Chief Operating Decision Maker (“CODM”), manages the segments, evaluates financial results, and makes key operating decisions.
The financial information as of September 28, 2025, is derived from our audited consolidated financial statements and notes for the fiscal year ended September 28, 2025 (“fiscal 2025”) included in Item 8 in the fiscal 2025 Annual Report on Form 10-K filed with the SEC on November 14, 2025 (“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 two quarters ended March 29, 2026, are not necessarily indicative of the results of operations that may be achieved for the entire fiscal year ending September 27, 2026 (“fiscal 2026”).
Restructuring
In the fourth quarter of fiscal 2024, we announced our “Back to Starbucks” strategy, which was implemented with the goal to bring customers back to our stores and return to growth by revitalizing coffeehouses, enhancing the customer experience, and improving efficiency. As part of this strategy, during the second quarter of fiscal 2025, we announced our plan to restructure our support organization in an effort to operate more efficiently, increase accountability, reduce complexity, and drive better integration, which resulted in a reduction in our support partner workforce.
In the fourth quarter of fiscal 2025, we announced a restructuring plan involving the closure of coffeehouses, and the further transformation of our support organization, as part of the Company’s “Back to Starbucks” strategy. We assessed our existing store portfolio with respect to both whether coffeehouses had a viable path to offering the physical environment consistent with the brand and a clear path to financial performance, and we closed, or plan to close, coffeehouses that did not meet these criteria.
In the second quarter of fiscal 2026, management approved a restructuring plan to relocate certain functions of our support organization to an additional office in Nashville, Tennessee, further supporting the Company’s “Back to Starbucks” strategy and the intention to establish a more strategic presence in the Southeast region of the United States.
Refer to Note 17, Restructuring, for further discussion.
Assets Held for Sale
We classify long-lived assets or disposal groups as held for sale in the period when all of the following conditions have been met:
•we have approved and committed to a plan to sell the assets or disposal group;
•the asset or disposal group is available for immediate sale in its present condition;
•an active program to locate a buyer and other actions required to complete the sale have been initiated;
•the sale of the asset or disposal group is probable and expected to be completed within one year;
•the asset or disposal group is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and
•it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn.
We initially measure a long-lived asset or disposal group classified as held for sale at the lower of its carrying value or fair value less any costs to sell, and we recognize any resulting loss in the period in which the held-for-sale criteria are met. Gains are not recognized until the date of sale. We cease depreciation and amortization of a long-lived asset, or assets within a disposal group, upon their designation as held for sale and subsequently assess fair value less any costs to sell at each reporting period until the asset or disposal group is no longer classified as held for sale.
In the first quarter of fiscal 2026, the company announced an agreement to form a joint venture with Boyu Capital to operate Starbucks retail in China (the “disposal group”). Under the agreement, Boyu Capital acquired a 60% interest in Starbucks retail operations in China. Starbucks retained a 40% interest in the joint venture and continues to own and license the Starbucks brand and intellectual property to the new entity. We classified the assets and liabilities of the disposal group as held for sale on the consolidated balance sheets, which required us to cease property, plant, and equipment depreciation and operating lease right-of-use (“ROU”) asset amortization of the related long-lived assets, resulting in reduced depreciation and amortization and store operating expenses. We also changed our indefinite reinvestment assertions upon classification as held for sale, resulting in an increase in our income tax expense. No impairment was recorded upon the classification of the disposal group as held for sale. Refer to Note 2, Acquisitions and Divestitures, for further discussion.
On March 30, 2026, in the third quarter of fiscal 2026, the previously announced transaction subsequently closed, and we transitioned from recording revenues and expenses of the disposal group to recording our share of income from the joint venture, recognized as income from equity investees under the equity method of accounting, and recording revenues related to product sales and royalties. The disposal group was deconsolidated from our financial statements and will be reported as part of our licensed portfolio in the third quarter of fiscal 2026. Refer to Note 18, Subsequent Event, for further discussion.
Recent Accounting Pronouncements
Recently Adopted Accounting Pronouncements
In the fourth quarter of fiscal 2025, we adopted the Financial Accounting Standards Board (“FASB”) issued guidance expanding segment disclosure requirements. The amendments require enhanced disclosure for certain segment items and disclosure on how our CODM uses reported measures to assess segment performance. The amendments do not change how segments are determined, aggregated, or how thresholds are applied to determine reportable segments. The adoption of this guidance did not have a significant impact on our consolidated financial statement disclosures. Refer to Note 16, Segment Reporting, for our segment disclosures including enhancements as a result of the amendments.
Recent Accounting Pronouncements Not Yet Adopted
In December 2023, the FASB issued guidance expanding disclosure requirements related to income taxes. The amendments require enhanced jurisdictional disclosures for the income tax rate reconciliation and related to cash income taxes paid. Additionally, certain disclosures related to unrecognized tax benefits and indefinite reinvestment assertions were removed. The amendments are effective for our fiscal year ending September 27, 2026. While we are still evaluating the specific impacts, we anticipate this guidance will have a significant impact on our annual income tax disclosures.
In November 2024, the FASB issued guidance expanding disclosure requirements related to certain income statement expenses. The amendments require tabular disclosure of certain operating expenses disaggregated into categories, such as purchases of inventory, employee compensation, depreciation, and intangible asset amortization. The amendments are effective for our fiscal year ending October 1, 2028, and may be applied retrospectively. While we are still evaluating the specific impacts and adoption method, we anticipate this guidance will have a significant impact on our consolidated financial statement disclosures.
In July 2025, the FASB issued guidance providing a practical expedient for measuring expected credit losses on current accounts receivable and current contract assets arising from revenue transactions. The amendment is effective for our fiscal year ending October 3, 2027. While we are still evaluating the specific impacts, we anticipate the impact to be limited to the simplification of the estimation process, with no material impact on the allowance for credit losses.
Recent Accounting Pronouncements (Policies)
Recent Accounting Pronouncements
Recently Adopted Accounting Pronouncements
In the fourth quarter of fiscal 2025, we adopted the Financial Accounting Standards Board (“FASB”) issued guidance expanding segment disclosure requirements. The amendments require enhanced disclosure for certain segment items and disclosure on how our CODM uses reported measures to assess segment performance. The amendments do not change how segments are determined, aggregated, or how thresholds are applied to determine reportable segments. The adoption of this guidance did not have a significant impact on our consolidated financial statement disclosures. Refer to Note 16, Segment Reporting, for our segment disclosures including enhancements as a result of the amendments.
Recent Accounting Pronouncements Not Yet Adopted
In December 2023, the FASB issued guidance expanding disclosure requirements related to income taxes. The amendments require enhanced jurisdictional disclosures for the income tax rate reconciliation and related to cash income taxes paid. Additionally, certain disclosures related to unrecognized tax benefits and indefinite reinvestment assertions were removed. The amendments are effective for our fiscal year ending September 27, 2026. While we are still evaluating the specific impacts, we anticipate this guidance will have a significant impact on our annual income tax disclosures.
In November 2024, the FASB issued guidance expanding disclosure requirements related to certain income statement expenses. The amendments require tabular disclosure of certain operating expenses disaggregated into categories, such as purchases of inventory, employee compensation, depreciation, and intangible asset amortization. The amendments are effective for our fiscal year ending October 1, 2028, and may be applied retrospectively. While we are still evaluating the specific impacts and adoption method, we anticipate this guidance will have a significant impact on our consolidated financial statement disclosures.
In July 2025, the FASB issued guidance providing a practical expedient for measuring expected credit losses on current accounts receivable and current contract assets arising from revenue transactions. The amendment is effective for our fiscal year ending October 3, 2027. While we are still evaluating the specific impacts, we anticipate the impact to be limited to the simplification of the estimation process, with no material impact on the allowance for credit losses.
v3.26.1
Acquisitions and Divestitures Acquisitions and Divestitures (Tables)
 6 Months Ended
Mar. 29, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Disposal Group
As of March 29, 2026, the net carrying amounts of the major classes of assets and liabilities of the disposal group were as follows (in millions):
Amount
Cash and cash equivalents$570.0 
Accounts receivable, net63.7 
Inventories112.9 
Prepaid expenses and other current assets54.5 
Property, plant and equipment, net912.4 
Operating lease, right-of-use asset1,075.6 
Deferred income taxes, net98.0 
Other long-term assets56.3 
Goodwill2,100.0 
Assets held for sale$5,043.4 
Accounts payable$129.6 
Accrued liabilities119.7 
Accrued payroll and benefits106.0 
Current portion of operating lease liability226.6 
Stored value card liability and current portion of deferred revenue187.5 
Short-term debt
2.5 
Operating lease liability829.3 
Deferred revenue
16.4 
Other long-term liabilities68.0 
Liabilities held for sale$1,685.6 
v3.26.1
Derivative Financial Instruments (Tables)
 6 Months Ended
Mar. 29, 2026
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)
Mar 29, 2026Sep 28, 2025
Cash Flow Hedges:
Coffee$27.4 $23.3 $26.2 9
Foreign currency - other28.1 19.0 17.6 35
Interest rates0.4 (1.4)(3.4)0
Net Investment Hedges:
Cross-currency swaps215.9 206.2 96
Foreign currency16.0 16.0 0
Foreign currency debt135.2 135.2 0
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)
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Cash Flow Hedges:
Coffee$1.6 $0.6 $(17.8)$17.4 Product and distribution costs
Cross-currency swaps— — — 0.6 Interest income and other, net
Dairy— (0.2)— — Product and distribution costs
Foreign currency - other17.4 (7.0)5.7 7.4 Licensed stores revenue
1.7 2.6 Product and distribution costs
Interest rates— — (1.2)(1.0)Interest expense
Net Investment Hedges:
Cross-currency swaps (1)
8.4 13.1 24.1 27.7 Interest expense

Two Quarters Ended
Gains/(Losses) Recognized in
OCI Before Reclassifications		Gains/(Losses) Reclassified from
AOCI to Earnings		Location of gain/(loss)
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Cash Flow Hedges:
Coffee$(12.6)$13.4 $(17.6)$45.1 Product and distribution costs
Cross-currency swaps— 0.9 — 1.4 Interest income and other, net
Dairy— (1.3)— 1.4 Product and distribution costs
Foreign currency - other27.4 50.0 12.4 16.2 Licensed stores revenue
3.3 4.3 Product and distribution costs
Interest rates— — (2.4)(2.0)Interest expense
Net Investment Hedges:
Cross-currency swaps (1)
63.8 220.6 50.8 55.4 Interest expense
(1) Gains and losses recognized in earnings relate to components excluded from the assessment of effectiveness.
Pretax Gains and Losses on Derivative Contracts Not Designated as Hedging Instruments Recognized in Earnings
Pre-tax gains and losses on non-designated derivatives and designated fair value hedging instruments and the related fair value hedged item recognized in earnings (in millions):
Gains/(Losses) Recognized in Earnings
Location of gain/(loss) recognized in earnings Quarter EndedTwo Quarters Ended
 Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Non-Designated Derivatives:
DairyInterest income and other, net$— $— $— $0.1 
Cross-currency swaps
Interest income and other, net
(2.0)— (2.0)— 
Foreign currency - otherInterest income and other, net3.5 (2.8)5.4 6.1 
Diesel fuel and other commoditiesInterest income and other, net— (0.2)— (0.3)
Fair Value Hedges:
Interest rate swaps
Interest expense(3.7)4.6 (4.0)(8.5)
Long-term debt (hedged item)Interest expense2.2 (6.8)0.7 3.8 
Notional Amounts of Outstanding Derivative Contracts
Notional amounts of outstanding derivative contracts (in millions):
Mar 29, 2026Sep 28, 2025
Coffee$193 $387 
Cross-currency swaps(1)
1,697 4,197 
Diesel fuel and other commodities— 2 
Foreign currency - other 976 930 
Interest rate swaps350 350 
Fair Value of Outstanding Derivative Contracts
Fair value of outstanding derivative contracts (in millions) including the location of the asset and/or liability on the consolidated balance sheets:
Derivative Assets
Balance Sheet LocationMar 29, 2026Sep 28, 2025
Designated Derivative Instruments(2):
Cross-currency swapsOther long-term assets379.9 271.9 
Foreign currency - otherPrepaid expenses and other current assets21.7 13.0 
Other long-term assets13.4 6.7 
Non-designated Derivative Instruments:
Diesel fuel and other commoditiesPrepaid expenses and other current assets— 0.1 
Foreign currencyPrepaid expenses and other current assets2.3 2.7 
Derivative Liabilities
Balance Sheet LocationMar 29, 2026Sep 28, 2025
Designated Derivative Instruments:
Cross-currency swapsAccrued liabilities$— $5.8 
Other long-term liabilities— 3.5 
Foreign currency - otherAccrued liabilities0.1 0.2 
Other long-term liabilities0.1 0.2 
Interest rate swapsOther long-term liabilities17.1 17.0 
Non-designated Derivative Instruments:
Foreign currencyAccrued liabilities0.5 1.1 
Other long-term liabilities— 0.2 
(1) The reduction in hedged notional in the current period reflects the maturity and early termination of Net Investment Hedges related to the divestiture of Starbucks retail operations in China. The AOCI will be released to earnings in the third quarter of fiscal 2026 consistent with the timing of the transaction closing.
(2) We also hold cash and cash equivalents from various settled-to-market exchange traded futures related to coffee hedging.
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
Mar 29, 2026Sep 28, 2025Mar 29, 2026Sep 28, 2025
Location on the balance sheet
Long-term debt$333.4 $334.1 $(16.6)$(15.9)
v3.26.1
Fair Value Measurements (Tables)
 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Fair Value Disclosures [Abstract]    
Assets And Liabilities Measured At Fair Value On A Recurring Basis
Assets and liabilities measured at fair value on a recurring basis (in millions):
  Fair Value Measurements at Reporting Date Using
 Balance at
Mar 29, 2026		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$1,532.0 $1,532.0 $— $— 
Short-term investments:
Available-for-sale debt securities:
Corporate debt securities54.2 — 41.9 12.3 
Mortgage and other asset-backed securities0.7 — 0.7 — 
State and local government obligations3.8 — 3.8 — 
U.S. government treasury securities32.3 32.3 — — 
Total available-for-sale debt securities91.0 32.3 46.4 12.3 
Marketable equity securities77.3 77.3 — — 
Total short-term investments168.3 109.6 46.4 12.3 
Prepaid expenses and other current assets:
Derivative assets24.0 — 24.0 — 
Long-term investments:
Available-for-sale debt securities:
Corporate debt securities154.6 — 126.4 28.2 
Mortgage and other asset-backed securities71.3 — 71.3 — 
U.S. government treasury securities80.4 80.4 — — 
Total available-for-sale debt securities306.3 80.4 197.7 28.2 
Total long-term investments306.3 80.4 197.7 28.2 
Other long-term assets:
Derivative assets393.3 — 393.3 — 
Total assets2,423.9 1,722.0 661.4 40.5 
Liabilities:
Accrued liabilities:
Derivative liabilities0.6 — 0.6 — 
Other long-term liabilities:
Derivative liabilities17.2 — 17.2 — 
Total liabilities$17.8 $— $17.8 $— 
  Fair Value Measurements at Reporting Date Using
 Balance at
Sep 28, 2025		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$3,219.8 $3,219.8 $— $— 
Short-term investments:
Available-for-sale debt securities:
Corporate debt securities67.8 — 55.9 11.9 
Mortgage and other asset-backed securities0.4 — 0.4 — 
State and local government obligations1.1 — 1.1 — 
U.S. government treasury securities82.6 82.6 — — 
Total available-for-sale debt securities151.9 82.6 57.4 11.9 
Marketable equity securities95.3 95.3 — — 
Total short-term investments247.2 177.9 57.4 11.9 
Prepaid expenses and other current assets:
Derivative assets15.9 — 15.9 — 
Long-term investments:
Available-for-sale debt securities:
Corporate debt securities132.2 — 105.5 26.7 
Mortgage and other asset-backed securities75.7 — 75.7 — 
State and local government obligations2.7 — 2.7 — 
U.S. government treasury securities36.3 36.3 — — 
Total available-for-sale debt securities246.9 36.3 183.9 26.7 
Total long-term investments246.936.3183.926.7
Other long-term assets:
Derivative assets278.6 — 278.6 — 
Total assets4,008.4 3,434.0 535.8 38.6 
Liabilities:
Accrued liabilities:
Derivative liabilities7.1 — 7.1 — 
Other long-term liabilities:
Derivative liabilities20.9 — 20.9 — 
Total liabilities$28.0 $— $28.0 $— 
v3.26.1
Inventories (Tables)
 6 Months Ended
Mar. 29, 2026
Inventory Disclosure [Abstract]  
Inventories
Mar 29, 2026(2)
Sep 28, 2025
Coffee:
Unroasted$992.5 $911.2 
Roasted425.8 342.0 
Other merchandise held for sale (1)
307.0 399.7 
Packaging and other supplies432.5 532.7 
Total$2,157.8 $2,185.6 
(1)“Other merchandise held for sale” includes, among other items, food, serveware, and tea. Inventory levels vary due to seasonality, commodity market supply, and price fluctuations.
(2)The fiscal year 2026 balances exclude Starbucks retail operations in China that were classified as held for sale.
v3.26.1
Supplemental Balance Sheet and Statement of Earnings Information (Tables)
 6 Months Ended
Mar. 29, 2026
Balance Sheet Related Disclosures [Abstract]  
Property, Plant And Equipment, net
Property, Plant and Equipment, net
Mar 29, 2026(1)
Sep 28, 2025
Land$54.9 $54.9 
Buildings665.7 673.7 
Leasehold improvements10,379.9 11,762.4 
Store equipment3,427.3 3,963.6 
Roasting equipment971.3 982.2 
Capitalized software1,025.9 1,177.7 
Furniture, fixtures and other738.7 893.9 
Work in progress309.1 334.3 
Property, plant and equipment, gross17,572.8 19,842.7 
Accumulated depreciation(10,384.1)(11,349.2)
Property, plant and equipment, net$7,188.7 $8,493.5 
(1)The fiscal year 2026 balances exclude Starbucks retail operations in China that were classified as held for sale.
Accrued Liabilities
Accrued Liabilities
Mar 29, 2026(1)
Sep 28, 2025
Accrued occupancy costs$58.2 $89.5 
Accrued dividends payable706.4 704.8 
Accrued capital and other operating expenditures760.0 897.0 
Insurance reserves
357.4 282.3 
Income taxes payable70.3 150.3 
Accrued business taxes215.7 235.8 
Total accrued liabilities$2,168.0 $2,359.7 
(1)The fiscal year 2026 balances exclude Starbucks retail operations in China that were classified as held for sale.
Income Statement Related Disclosures [Abstract]  
Store Operating Expenses
Store Operating Expenses
Quarter EndedTwo Quarters Ended
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Wages and benefits$2,645.3 $2,406.1 $5,304.0 $4,795.2 
Occupancy costs768.1 807.2 1,572.9 1,609.3 
Other expenses995.2 962.7 2,084.1 1,974.6 
Total store operating expenses$4,408.6 $4,176.0 $8,961.0 $8,379.1 
v3.26.1
Other Intangible Assets and Goodwill (Tables)
 6 Months Ended
Mar. 29, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Indefinite-Lived Intangible Assets
(in millions)Mar 29, 2026Sep 28, 2025
Trade names, trademarks and patents$79.5 $79.5 
Finite-Lived Intangible Assets
Mar 29, 2026Sep 28, 2025
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired and reacquired rights (1)
$312.3 $(235.2)$77.1 $1,053.9 $(974.9)$79.0 
Acquired trade secrets and processes27.6 (27.6)— 27.6 (27.6)— 
Trade names, trademarks and patents130.2 (123.9)6.3 131.2 (122.9)8.3 
Licensing agreements12.2 (12.2)— 13.0 (13.0)— 
Other finite-lived intangible assets18.6 (5.5)13.1 20.5 (20.5)— 
Total finite-lived intangible assets$500.9 $(404.4)$96.5 $1,246.2 $(1,158.9)$87.3 
(1)The decrease in acquired and reacquired rights was a result of Starbucks retail operations in China being classified as held for sale.
Estimated Future Amortization Expense
Estimated future amortization expense as of March 29, 2026 (in millions):
Fiscal YearTotal
2026 (excluding the two quarters ended March 29, 2026)
$6.1 
202712.0 
20288.2 
20294.9 
20304.7 
Thereafter60.6 
Total estimated future amortization expense$96.5 
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 September 28, 2025
$490.6 $2,842.6 $34.7 $1.0 $3,368.9 
Divestiture (1)
— (2,100.0)— — (2,100.0)
Other (2)
0.2 26.0 — — 26.2 
Goodwill balance at March 29, 2026
$490.8 $768.6 $34.7 $1.0 $1,295.1 
(1)The decrease in the International segment was a result of Starbucks retail operations in China being classified as held for sale.
(2)“Other” consists of changes in the goodwill balance resulting from foreign currency translation.
v3.26.1
Debt (Tables)
 6 Months Ended
Mar. 29, 2026
Debt Disclosure [Abstract]  
Components of Long-Term Debt Including Associated Interest Rates and Related Estimated Fair Values
Components of long-term debt including the associated interest rates and related estimated fair values by calendar maturity (in millions, except interest rates):
Mar 29, 2026Sep 28, 2025Stated Interest Rate
Effective Interest Rate(1)
IssuanceAmountEstimated Fair ValueAmountEstimated Fair Value
February 2026 notes$— $— $1,000.0 $1,001.7 4.750 %4.788 %
June 2026 notes500.0 498.1 500.0 494.0 2.450 %2.511 %
February 2027 notes1,000.0 1,004.6 1,000.0 1,009.8 4.850 %4.958 %
March 2027 notes500.0 489.4 500.0 484.7 2.000 %2.058 %
March 2028 notes600.0 589.4 600.0 591.9 3.500 %3.529 %
May 2028 notes750.0 749.3 750.0 757.1 4.500 %4.719 %
November 2028 notes750.0 741.5 750.0 747.9 4.000 %3.958 %
August 2029 notes(2)
1,000.0 970.0 1,000.0 978.5 3.550 %3.840 %
March 2030 notes750.0 684.0 750.0 687.8 2.250 %3.084 %
May 2030 notes500.0 503.0 500.0 510.2 4.800 %4.932 %
November 2030 notes1,250.0 1,137.5 1,250.0 1,145.9 2.550 %2.582 %
February 2031 notes500.0 503.7 500.0 514.2 4.900 %5.046 %
February 2032 notes1,000.0 904.8 1,000.0 918.1 3.000 %3.155 %
February 2033 notes500.0 495.7 500.0 505.7 4.800 %3.798 %
February 2034 notes500.0 498.3 500.0 509.9 5.000 %5.127 %
May 2035 notes500.0 505.3 500.0 516.6 5.400 %5.510 %
June 2045 notes350.0 282.0 350.0 292.1 4.300 %4.348 %
December 2047 notes500.0 362.0 500.0 378.0 3.750 %3.765 %
November 2048 notes1,000.0 815.4 1,000.0 849.6 4.500 %4.504 %
August 2049 notes1,000.0 802.4 1,000.0 839.5 4.450 %4.447 %
March 2050 notes500.0 333.9 500.0 346.0 3.350 %3.362 %
November 2050 notes1,250.0 852.5 1,250.0 889.0 3.500 %3.528 %
Total15,200.0 13,722.8 16,200.0 14,968.2 
Aggregate debt issuance costs and unamortized premium/(discount), net(101.5)(109.3)
Hedge accounting fair value adjustment (2)
(16.6)(15.9)
Total$15,081.9 $16,074.8 
(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 $350.0 million of our August 2029 notes. Refer to Note 3, Derivative Financial Instruments, for additional information on our interest rate swap agreements designated as fair value hedges.
Long-Term Debt Maturities
The following table summarizes our long-term debt maturities as of March 29, 2026, by fiscal year (in millions):
Fiscal Year Total
2026 (excluding the two quarters ended March 29, 2026)
$500.0 
20271,500.0 
20281,350.0 
20291,750.0 
20301,250.0 
Thereafter8,850.0 
Total$15,200.0 
v3.26.1
Leases (Tables)
 6 Months Ended
Mar. 29, 2026
Leases [Abstract]  
Lease, Cost
The components of lease costs (in millions):
Quarter EndedTwo Quarters Ended
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Operating lease costs (1) (2)
$406.9 $458.4 $898.5 $917.2 
Variable lease costs315.1 297.5 628.3 590.9 
Short-term lease costs4.6 5.3 9.4 10.8 
Total lease costs$726.6 $761.2 $1,536.2 $1,518.9 
(1)Includes immaterial amounts of sublease income and rent concessions.
(2)The decrease in fiscal 2026 was a result of Starbucks retail operations in China being classified as held for sale during the fiscal quarter, which required us to cease operating lease ROU asset amortization of the related long-lived assets.
Supplemental Lease Disclosure
The following table includes supplemental information (in millions):
Two Quarters Ended
Mar 29, 2026Mar 30, 2025
Cash paid related to operating lease liabilities$1,049.2 $928.8 
Operating lease liabilities arising from obtaining ROU assets (1)
630.0 1,076.6 
Mar 29, 2026Mar 30, 2025
Weighted-average remaining operating lease term (1)
8.6 years8.6 years
Weighted-average operating lease discount rate (1)
3.8 %3.6 %
(1)The fiscal year 2026 amounts exclude Starbucks retail operations in China that were classified as held for sale and the fiscal year 2025 amounts include leases obtained in the acquisition of 23.5 Degrees Topco Limited.
Lessee, Operating Lease, Liability, Maturity
Minimum future maturities of operating lease liabilities (in millions):
Fiscal Year
Total (1)
2026 (excluding the two quarters ended March 29, 2026)
$836.2 
20271,600.2 
20281,446.8 
20291,293.0 
20301,155.2 
Thereafter4,660.7 
Total lease payments10,992.1 
Less imputed interest(1,682.6)
Total$9,309.5 
(1)Balances exclude Starbucks retail operations in China that were classified as held for sale.
v3.26.1
Deferred Revenue (Tables)
 6 Months Ended
Mar. 29, 2026
Deferred Revenue [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 March 29, 2026
Total
Stored value cards and loyalty program at December 28, 2025
$2,073.3 
Revenue deferred - card activations, card reloads and Stars earned3,577.0 
Revenue recognized - card and Stars redemptions and breakage(3,900.8)
Other (1)
(4.4)
Divestiture (2)
8.5 
Stored value cards and loyalty program at March 29, 2026 (3)
$1,753.6 
Quarter Ended March 30, 2025
Total
Stored value cards and loyalty program at December 29, 2024
$2,213.1 
Revenue deferred - card activations, card reloads and Stars earned3,496.8 
Revenue recognized - card and Stars redemptions and breakage(3,862.9)
Other (1)
6.2 
Stored value cards and loyalty program at March 30, 2025 (3)
$1,853.2 
Two Quarters Ended March 29, 2026
Total
Stored value cards and loyalty program at September 28, 2025
$1,751.7 
Revenue deferred - card activations, card reloads and Stars earned7,931.7 
Revenue recognized - card and Stars redemptions and breakage(7,724.4)
Other(1)
(5.7)
Divestiture (2)
(199.7)
Stored value cards and loyalty program at March 29, 2026 (3)
$1,753.6 
Two Quarters Ended March 30, 2025
Total
Stored value cards and loyalty program at September 29, 2024
$1,718.7 
Revenue deferred - card activations, card reloads and Stars earned7,911.2 
Revenue recognized - card and Stars redemptions and breakage(7,755.8)
Other(1)
(20.9)
Stored value cards and loyalty program at March 30, 2025 (3)
$1,853.2 
(1)“Other” primarily consists of changes in the stored value cards and loyalty program balances resulting from foreign currency translation.
(2)The decrease was a result of Starbucks retail operations in China being classified as held for sale.
(3)As of March 29, 2026, and March 30, 2025, approximately $1.6 billion and $1.7 billion, respectively, of these amounts were current.
v3.26.1
Equity (Tables)
 6 Months Ended
Mar. 29, 2026
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
March 29, 2026
Net gains/(losses) in AOCI, beginning of period$1.2 $30.9 $378.8 $(836.8)$(425.9)
Net gains/(losses) recognized in OCI before reclassifications(2.1)14.5 6.3 (2.9)15.8 
Net (gains)/losses reclassified from AOCI to earnings0.2 10.5 (18.0)— (7.3)
Other comprehensive income/(loss) attributable to Starbucks(1.9)25.0 (11.7)(2.9)8.5 
Other comprehensive income/(loss) attributable to NCI — — — 0.1 0.1 
Net gains/(losses) in AOCI, end of period$(0.7)$55.9 $367.1 $(839.6)$(417.3)
March 30, 2025
Net gains/(losses) in AOCI, beginning of period$(3.7)$94.2 $382.1 $(1,056.2)$(583.6)
Net gains/(losses) recognized in OCI before reclassifications1.7 (4.9)9.8 90.6 97.2 
Net (gains)/losses reclassified from AOCI to earnings0.2 (22.0)(20.8)— (42.6)
Other comprehensive income/(loss) attributable to Starbucks1.9 (26.9)(11.0)90.6 54.6 
Net gains/(losses) in AOCI, end of period$(1.8)$67.3 $371.1 $(965.6)$(529.0)
Two Quarters EndedAvailable-for-Sale Debt SecuritiesCash Flow HedgesNet Investment HedgesTranslation Adjustment and OtherTotal
March 29, 2026
Net gains/(losses) in AOCI, beginning of period$0.5 $40.9 $357.4 $(858.1)$(459.3)
Net gains/(losses) recognized in OCI before reclassifications(1.6)10.0 47.7 18.3 74.4 
Net (gains)/losses reclassified from AOCI to earnings0.4 5.0 (38.0)(32.6)
Other comprehensive income/(loss) attributable to Starbucks(1.2)15.0 9.7 18.3 41.8 
Other comprehensive income/(loss) attributable to NCI — — — 0.2 0.2 
Net gains/(losses) in AOCI, end of period$(0.7)$55.9 $367.1 $(839.6)$(417.3)
March 30, 2025
Net gains/(losses) in AOCI, beginning of period$(2.3)$70.5 $247.7 $(744.7)$(428.8)
Net gains/(losses) recognized in OCI before reclassifications0.1 46.6 164.9 (220.6)(9.0)
Net (gains)/losses reclassified from AOCI to earnings0.4 (49.8)(41.5)— (90.9)
Other comprehensive income/(loss) attributable to Starbucks0.5 (3.2)123.4 (220.6)(99.9)
Other comprehensive income/(loss) attributable to NCI— — — (0.3)(0.3)
Net gains/(losses) in AOCI, end of period$(1.8)$67.3 $371.1 $(965.6)$(529.0)
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
Mar 29, 2026Mar 30, 2025
Gains/(losses) on available-for-sale debt securities$(0.3)$(0.2)Interest income and other, net
Gains/(losses) on cash flow hedges(11.6)27.0 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges24.1 27.7 Interest expense
12.2 54.5 Total before tax
(4.9)(11.9)
Tax (expense)/benefit
$7.3 $42.6 Net of tax
Two Quarters Ended
AOCI
Components		Amounts Reclassified from AOCIAffected Line Item in
the Statements of Earnings
Mar 29, 2026Mar 30, 2025
Gains/(losses) on available-for-sale debt securities$(0.5)$(0.4)Interest income and other, net
Gains/(losses) on cash flow hedges(4.3)66.4 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges50.8 55.4 Interest expense
46.0 121.4 Total before tax
(13.4)(30.5)Tax (expense)/benefit
$32.6 $90.9 Net of tax
v3.26.1
Employee Stock Plans (Tables)
 6 Months Ended
Mar. 29, 2026
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 EndedTwo Quarters Ended
 Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Restricted Stock Units (“RSUs”)$93.2 $77.8 $219.3 $178.3 
Total stock-based compensation expense$93.2 $77.8 $219.3 $178.3 
Stock Option and RSU Transactions
RSU transactions from September 28, 2025 through March 29, 2026 (in millions):
Total
Nonvested, September 28, 2025
9.0 
Granted4.4 
Vested
(2.7)
Forfeited/expired(0.5)
Nonvested, March 29, 2026
10.2 
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of March 29, 2026
$364.8 
v3.26.1
Earnings Per Share (Tables)
 6 Months Ended
Mar. 29, 2026
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 EndedTwo Quarters Ended
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Net earnings attributable to Starbucks$510.9 $384.2 $804.2 $1,165.0 
Weighted average common shares outstanding (for basic calculation)1,139.4 1,136.0 1,138.7 1,135.3 
Dilutive effect of outstanding common stock options and RSUs3.8 4.0 3.9 3.9 
Weighted average common and common equivalent shares outstanding (for diluted calculation)1,143.2 1,140.0 1,142.6 1,139.2 
EPS — basic$0.45 $0.34 $0.71 $1.03 
EPS — diluted$0.45 $0.34 $0.70 $1.02 
v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Mar. 29, 2026
Segment Reporting [Abstract]  
Consolidated Revenue Mix by Product Type
Consolidated revenue mix by product type (in millions):
Quarter EndedTwo Quarters Ended
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Beverage (1)
$5,659.0 59 %$5,293.6 60 %$11,603.4 60 %$10,971.6 60 %
Food (2)
1,830.6 19 %1,691.9 19 %3,712.0 19 %3,482.3 19 %
Other (3)
2,041.9 22 %1,776.1 21 %4,131.2 21 %3,705.5 21 %
Total$9,531.5 100 %$8,761.6 100 %$19,446.6 100 %$18,159.4 100 %
(1)“Beverage” represents sales within our company-operated stores.
(2)“Food” represents 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, serveware, and ready to drink beverages, among other items.
Information by Geographic Area
Information by geographic area (in millions):
Quarter Ended
Two Quarters Ended
Mar 29, 2026Mar 30, 2025Mar 29, 2026Mar 30, 2025
Net revenues (1):
United States$6,930.3 $6,403.5 $14,174.3 $13,384.7 
China
809.2 752.1 1,644.9 1,508.8 
Other countries1,792.0 1,606.0 3,627.4 3,265.9 
Total$9,531.5 $8,761.6 $19,446.6 $18,159.4 
Mar 29, 2026Sep 28, 2025
Long-lived assets:
United States$15,645.7 $15,952.7 
China (2)
170.6 4,276.8 
Other countries4,182.0 4,407.9 
Total$19,998.3 $24,637.4 
(1) Includes Channel Development segment and other net revenues.
(2) The fiscal year 2026 balance excludes Starbucks retail operations in China that were classified as held for sale.
Financial Information For Reportable Operating Segments And Corporate and Other
The financial information below is presented for our reportable operating segments and Corporate and Other (in millions):

Quarter Ended
North AmericaInternational
Channel
Development
Corporate and Other

Total
 March 29, 2026
Total net revenues$6,893.8 $2,051.1 $567.8 $18.8 $9,531.5 
Product and distribution costs2,068.8 749.7 370.5 19.5 3,208.5 
Store operating expenses
3,691.9 716.7 — — 4,408.6 
Other operating expenses56.0 55.6 17.7 1.2 130.5 
Depreciation and amortization expenses299.5 32.6 — 31.3 363.4 
General and administrative expenses92.4 89.0 0.7 436.0 618.1 
Restructuring and impairments5.3 8.8 (0.1)11.1 25.1 
Total operating expenses
6,213.9 1,652.4 388.8 499.1 8,754.2 
Income from equity method investees— (0.1)50.9 — 50.8 
Operating income/(loss)$679.9 $398.6 $229.9 $(480.3)$828.1 
Interest income and other, net37.0 
Interest expense(137.0)
Earnings before income taxes$728.1 
Quarter Ended
North AmericaInternational
Channel
Development
Corporate and Other

Total
 March 30, 2025
Total net revenues$6,472.7 $1,867.1 $409.0 $12.8 $8,761.6 
Product and distribution costs1,807.1 659.8 257.7 13.0 2,737.6 
Store operating expenses3,431.6 744.4 — — 4,176.0 
Other operating expenses68.6 55.1 15.0 — 138.7 
Depreciation and amortization expenses299.2 89.0 — 30.7 418.9 
General and administrative expenses96.6 84.8 1.2 449.7 632.3 
Restructuring and impairments
21.3 16.8 0.9 77.2 116.2 
Total operating expenses
5,724.4 1,649.9 274.8 570.6 8,219.7 
Income from equity method investees— (0.2)59.3 — 59.1 
Operating income/(loss)$748.3 $217.0 $193.5 $(557.8)$601.0 
Interest income and other, net28.4 
Interest expense(127.3)
Earnings before income taxes$502.1 
Two Quarters Ended
North AmericaInternational
Channel
Development
Corporate and Other

Total
 March 29, 2026
Total net revenues$14,174.3 $4,116.0 $1,090.5 $65.8 $19,446.6 
Product and distribution costs4,204.3 1,497.8 723.1 56.9 6,482.1 
Store operating expenses
7,477.0 1,484.0 — — 8,961.0 
Other operating expenses115.8 112.3 31.5 2.1 261.7 
Depreciation and amortization expenses598.3 102.7 — 63.3 764.3 
General and administrative expenses186.7 184.9 1.9 883.3 1,256.8 
Restructuring and impairments45.3 52.4 0.1 15.4 113.2 
Total operating expenses
12,627.4 3,434.1 756.6 1,021.0 17,839.1 
Income from equity method investees— (0.5)111.8 — 111.3 
Operating income/(loss)$1,546.9 $681.4 $445.7 $(955.2)$1,718.8 
Interest income and other, net50.1 
Interest expense(276.0)
Earnings before income taxes$1,492.9 
Two Quarters Ended
North AmericaInternational
Channel
Development
Corporate and Other

Total
 March 30, 2025
Total net revenues$13,544.6 $3,738.4 $845.3 $31.1 $18,159.4 
Product and distribution costs3,774.6 1,306.8 517.5 32.4 5,631.3 
Store operating expenses6,890.1 1,489.0 — — 8,379.1 
Other operating expenses147.0 115.7 28.4 0.2 291.3 
Depreciation and amortization expenses588.1 178.1 — 60.0 826.2 
General and administrative expenses193.9 177.2 3.1 923.8 1,298.0 
Restructuring and impairments
21.3 16.8 0.9 77.2 116.2 
Total operating expenses
11,615.0 3,283.6 549.9 1,093.6 16,542.1 
Income from equity method investees— (0.7)106.2 — 105.5 
Operating income/(loss)$1,929.6 $454.1 $401.6 $(1,062.5)$1,722.8 
Interest income and other, net$56.2 
Interest expense(254.5)
Earnings before income taxes$1,524.5 
v3.26.1
Restructuring and Related Activities (Tables)
 6 Months Ended
Mar. 29, 2026
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The tables below present the restructuring and impairment charges by reportable operating segment and Corporate and Other (in millions):
Quarter Ended March 29, 2026
North AmericaInternational
Channel
Development
Corporate and Other

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

Total
Disposal and impairment of store assets$39.0 $0.1 $— $— $39.1 
Employee severance, separation and other costs1.6 5.1 0.1 15.4 22.2 
Amortization of ROU lease assets and other lease exit costs
4.7 47.2 — — 51.9 
Total Restructuring and impairment costs
$45.3$52.4$0.1$15.4$113.2
Schedule of Restructuring Reserve by Type of Cost
The table below presents the balance of liabilities related to the restructuring plan by major type of cost (in millions):

Employee severance, separation and other costs
Lease exit and other related costs (1)

Total
Beginning balance at September 28, 2025
$158.9 $238.9 $397.8 
Restructuring costs incurred
22.2 51.9 74.1 
Cash payments
(137.9)(93.0)(230.9)
Divestiture (2)
(2.6)(1.9)(4.5)
Other (3)
(14.2)— (14.2)
Ending balance at March 29, 2026
$26.4 $195.9 $222.3 
(1) The operating lease liability balance for total stores under the restructuring plan was $243.2 million as of March 29, 2026.
(2) The decrease was a result of Starbucks retail operations in China being classified as held for sale.
(3) “Other” primarily consists of updates to accrual estimates.
v3.26.1
Acquisitions and Divestitures (Narrative) (Details)
$ in Millions
 6 Months Ended
Mar. 29, 2026
USD ($)
store
Sep. 28, 2025
USD ($)
Oct. 14, 2024
Business Combination [Line Items]      
Assets held for sale $ 5,043.4 $ 0.0  
Liabilities held for sale 1,685.6 0.0  
Enterprise Value of Divested Entity $ 4,000.0    
Number of Stores, 23.5 Degrees | store 113    
Disposal Group, Held-for-Sale, Not Discontinued Operations      
Business Combination [Line Items]      
Disposal Group, Cash and Cash Equivalents $ 570.0    
Disposal Group, Notes and Loans Receivable, Net 63.7    
Disposal Group, Inventory 112.9    
Disposal Group, Prepaid and Other Assets, Current 54.5    
Disposal Group, Property, Plant and Equipment 912.4    
Disposal Group, Operating lease, right-of-use asset 1,075.6    
Disposal Group, Deferred Tax Assets 98.0    
Disposal Group, Other Assets, Noncurrent 56.3    
Disposal Group, Goodwill 2,100.0    
Assets held for sale 5,043.4 0.0  
Disposal Group, Accounts Payable 129.6    
Disposal Group, Accrued Liabilities 119.7    
Disposal Group, Employee Benefits 106.0    
Disposal Group, Operating lease liability 226.6    
Disposal Group, Deferred Revenue, Current 187.5    
Disposal Group, Long-term debt, Current Maturities 2.5    
Disposal Group, Operating lease liability, Noncurrent 829.3    
Disposal Group, Deferred Revenue, Noncurrent 16.4    
Disposal Group, Other Liabilities, Noncurrent 68.0    
Liabilities held for sale $ 1,685.6 $ 0.0  
Boyu Capital, JV Partner      
Business Combination [Line Items]      
Equity Method Investment, Ownership Percentage 60.00%    
Number of Stores, China Divestiture | store 7,991    
Starbucks JV Ownership      
Business Combination [Line Items]      
Equity Method Investment, Ownership Percentage 40.00%    
23.5 Degrees Topco Limited      
Business Combination [Line Items]      
Equity Method Investment, Ownership Percentage     100.00%
v3.26.1
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 6 Months Ended
Mar. 29, 2026
Sep. 28, 2025
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Cash Flow Hedges          
Derivative Instruments and Hedging Activities Disclosures [Line Items]          
Unrealized gains/(losses) on cash flow hedging instruments $ 19.0   $ (6.6) $ 14.8 $ 63.0
Cash Flow Hedges | Coffee          
Derivative Instruments and Hedging Activities Disclosures [Line Items]          
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ 26.2        
Outstanding Contract Remaining Maturity (Months) 9 months     9 months  
Unrealized gains/(losses) on cash flow hedging instruments $ 27.4 $ 23.3      
Cash Flow Hedges | Foreign currency - other          
Derivative Instruments and Hedging Activities Disclosures [Line Items]          
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ 17.6        
Outstanding Contract Remaining Maturity (Months) 35 months     35 months  
Unrealized gains/(losses) on cash flow hedging instruments $ 28.1 19.0      
Cash Flow Hedges | Interest rates          
Derivative Instruments and Hedging Activities Disclosures [Line Items]          
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ (3.4)        
Outstanding Contract Remaining Maturity (Months) 0 months     0 months  
Unrealized gains/(losses) on cash flow hedging instruments $ 0.4 (1.4)      
Net Investment Hedges | Cross-currency swaps          
Derivative Instruments and Hedging Activities Disclosures [Line Items]          
Net Gains/(Losses) Included in AOCI $ 215.9 206.2   $ 215.9  
Outstanding Contract Remaining Maturity (Months) 96 months     96 months  
Net Investment Hedges | Foreign currency - other          
Derivative Instruments and Hedging Activities Disclosures [Line Items]          
Net Gains/(Losses) Included in AOCI $ 16.0 16.0   $ 16.0  
Outstanding Contract Remaining Maturity (Months) 0 months     0 months  
Net Investment Hedges | Foreign currency debt          
Derivative Instruments and Hedging Activities Disclosures [Line Items]          
Net Gains/(Losses) Included in AOCI $ 135.2 $ 135.2   $ 135.2  
Outstanding Contract Remaining Maturity (Months) 0 months     0 months  
v3.26.1
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 6 Months Ended
Mar. 29, 2026
Sep. 28, 2025
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Cash Flow Hedges          
Derivative Instruments, Gain (Loss) [Line Items]          
Unrealized gains/(losses) on cash flow hedging instruments $ 19.0   $ (6.6) $ 14.8 $ 63.0
Cash Flow Hedges | Coffee          
Derivative Instruments, Gain (Loss) [Line Items]          
Unrealized gains/(losses) on cash flow hedging instruments 27.4 $ 23.3      
Cash Flow Hedges | Foreign currency - other          
Derivative Instruments, Gain (Loss) [Line Items]          
Unrealized gains/(losses) on cash flow hedging instruments 28.1 19.0      
Cash Flow Hedges | Interest rates          
Derivative Instruments, Gain (Loss) [Line Items]          
Unrealized gains/(losses) on cash flow hedging instruments 0.4 (1.4)      
Net Investment Hedges          
Derivative Instruments, Gain (Loss) [Line Items]          
Unrealized gains/(losses) on net investment hedging instruments 8.4   13.1 63.8 220.6
Net Investment Hedges | Cross-currency swaps          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivatives used in Net Investment Hedge, Net of Tax 215.9 206.2   215.9  
Net Investment Hedges | Foreign currency - other          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivatives used in Net Investment Hedge, Net of Tax 16.0 16.0   16.0  
Net Investment Hedges | Foreign currency debt          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivatives used in Net Investment Hedge, Net of Tax 135.2 $ 135.2   135.2  
Designated Derivative Instruments: | Cash Flow Hedges | Coffee          
Derivative Instruments, Gain (Loss) [Line Items]          
Unrealized gains/(losses) on cash flow hedging instruments 1.6   0.6 (12.6) 13.4
Gains/(Losses) Reclassified from AOCI to Earnings (17.8)   17.4 (17.6) 45.1
Designated Derivative Instruments: | Cash Flow Hedges | Cross-currency swaps          
Derivative Instruments, Gain (Loss) [Line Items]          
Unrealized gains/(losses) on cash flow hedging instruments 0.0   0.0 0.0 0.9
Designated Derivative Instruments: | Cash Flow Hedges | Dairy          
Derivative Instruments, Gain (Loss) [Line Items]          
Unrealized gains/(losses) on cash flow hedging instruments 0.0   (0.2) 0.0 (1.3)
Gains/(Losses) Reclassified from AOCI to Earnings 0.0   0.0 0.0 1.4
Designated Derivative Instruments: | Cash Flow Hedges | Foreign currency - other          
Derivative Instruments, Gain (Loss) [Line Items]          
Unrealized gains/(losses) on cash flow hedging instruments 17.4   (7.0) 27.4 50.0
Designated Derivative Instruments: | Cash Flow Hedges | Interest rates          
Derivative Instruments, Gain (Loss) [Line Items]          
Unrealized gains/(losses) on cash flow hedging instruments 0.0   0.0 0.0 0.0
Gains/(Losses) Reclassified from AOCI to Earnings (1.2)   (1.0) (2.4) (2.0)
Designated Derivative Instruments: | Net Investment Hedges | Cross-currency swaps          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings 24.1   27.7 50.8 55.4
Unrealized gains/(losses) on net investment hedging instruments 8.4   13.1 63.8 220.6
Product and distribution costs | Designated Derivative Instruments: | Cash Flow Hedges | Foreign currency - other          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings 1.7   2.6 3.3 4.3
Interest and Other Income, net | Designated Derivative Instruments: | Cash Flow Hedges | Cross-currency swaps          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings 0.0   0.6 0.0 1.4
Licensed stores revenue | Designated Derivative Instruments: | Cash Flow Hedges | Foreign currency - other          
Derivative Instruments, Gain (Loss) [Line Items]          
Gains/(Losses) Reclassified from AOCI to Earnings $ 5.7   $ 7.4 $ 12.4 $ 16.2
v3.26.1
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 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Interest rate swaps        
Derivative Instruments, Gain (Loss) [Line Items]        
Derivative, Gain (Loss) on Derivative, Net $ (3.7) $ 4.6 $ (4.0) $ (8.5)
Long-term debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Derivative, Gain (Loss) on Derivative, Net 2.2 (6.8) 0.7 3.8
Interest and Other Income, net | Dairy        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) Recognized in Earnings 0.0 0.0 0.0 0.1
Interest and Other Income, net | Diesel fuel and other commodities        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) Recognized in Earnings 0.0 (0.2) 0.0 (0.3)
Interest and Other Income, net | Foreign currency - other        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) Recognized in Earnings 3.5 (2.8) 5.4 6.1
Interest and Other Income, net | Cross-currency swaps        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) Recognized in Earnings $ (2.0) $ 0.0 $ (2.0) $ 0.0
v3.26.1
Derivative and Financial Instruments (Notional Amounts of Outstanding Derivative Contracts) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Coffee    
Derivative [Line Items]    
Derivative, Notional Amount $ 193 $ 387
Cross-currency swaps    
Derivative [Line Items]    
Derivative, Notional Amount 1,697 4,197
Diesel fuel and other commodities    
Derivative [Line Items]    
Derivative, Notional Amount 0 2
Foreign currency - other    
Derivative [Line Items]    
Derivative, Notional Amount 976 930
Interest rates    
Derivative [Line Items]    
Derivative, Notional Amount $ 350 $ 350
v3.26.1
Derivative Financial Instruments Derivative Financial Instruments (Fair Value of Outstanding Derivative Contracts) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Prepaid expenses and other current assets | Designated Derivative Instruments: | Foreign currency - other    
Derivative [Line Items]    
Derivative Assets $ 21.7 $ 13.0
Prepaid expenses and other current assets | Non-designated Derivative Instruments: | Diesel fuel and other commodities    
Derivative [Line Items]    
Derivative Assets 0.0 0.1
Prepaid expenses and other current assets | Non-designated Derivative Instruments: | Foreign currency - other    
Derivative [Line Items]    
Derivative Assets 2.3 2.7
Other long-term assets | Designated Derivative Instruments: | Cross-currency swaps    
Derivative [Line Items]    
Derivative Assets 379.9 271.9
Other long-term assets | Designated Derivative Instruments: | Foreign currency - other    
Derivative [Line Items]    
Derivative Assets 13.4 6.7
Accrued liabilities | Designated Derivative Instruments: | Cross-currency swaps    
Derivative [Line Items]    
Derivative Liabilities 0.0 5.8
Accrued liabilities | Designated Derivative Instruments: | Foreign currency - other    
Derivative [Line Items]    
Derivative Liabilities 0.1 0.2
Accrued liabilities | Non-designated Derivative Instruments: | Foreign currency - other    
Derivative [Line Items]    
Derivative Liabilities 0.5 1.1
Other long-term liabilities | Designated Derivative Instruments: | Cross-currency swaps    
Derivative [Line Items]    
Derivative Liabilities 0.0 3.5
Other long-term liabilities | Designated Derivative Instruments: | Foreign currency - other    
Derivative [Line Items]    
Derivative Liabilities 0.1 0.2
Other long-term liabilities | Designated Derivative Instruments: | Interest rate swaps    
Derivative [Line Items]    
Derivative Liabilities 17.1 17.0
Other long-term liabilities | Non-designated Derivative Instruments: | Foreign currency - other    
Derivative [Line Items]    
Derivative Liabilities $ 0.0 $ 0.2
v3.26.1
Derivative Financial Instruments Interest Rate Swaps (Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position) (Details) - Interest rate swaps - Designated Derivative Instruments: - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Derivatives, Fair Value [Line Items]    
Carrying amount of hedged item $ 333.4 $ 334.1
Long-term debt    
Derivatives, Fair Value [Line Items]    
Cumulative amount of fair value hedging adjustment included in the carrying amount $ (16.6) $ (15.9)
v3.26.1
Fair Value Measurements (Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Assets:    
Total short-term investments $ 168.3 $ 247.2
Derivative assets, Current 24.0 15.9
Derivative assets, Noncurrent 393.3 278.6
Total Assets 2,423.9 4,008.4
Liabilities:    
Derivative liabilities, Current 0.6 7.1
Derivative liabilities, Noncurrent 17.2 20.9
Total liabilities 17.8 28.0
Cash and cash equivalents    
Assets:    
Cash and cash equivalents 1,532.0 3,219.8
Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 91.0 151.9
Marketable equity securities 77.3 95.3
Total short-term investments 168.3 247.2
Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 306.3 246.9
Other Long-Term Investments 306.3 246.9
Corporate debt securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 54.2 67.8
Corporate debt securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 154.6 132.2
Mortgage and other asset-backed securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 0.7 0.4
Mortgage and other asset-backed securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 71.3 75.7
State and local government obligations | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 3.8 1.1
State and local government obligations | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities:   2.7
U.S. government treasury securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 32.3 82.6
U.S. government treasury securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 80.4 36.3
Fair Value, Inputs, Level 1 [Member]    
Assets:    
Derivative assets, Current 0.0 0.0
Derivative assets, Noncurrent 0.0 0.0
Total Assets 1,722.0 3,434.0
Liabilities:    
Derivative liabilities, Current 0.0 0.0
Derivative liabilities, Noncurrent 0.0 0.0
Total liabilities 0.0 0.0
Fair Value, Inputs, Level 1 [Member] | Cash and cash equivalents    
Assets:    
Cash and cash equivalents 1,532.0 3,219.8
Fair Value, Inputs, Level 1 [Member] | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 32.3 82.6
Marketable equity securities 77.3 95.3
Total short-term investments 109.6 177.9
Fair Value, Inputs, Level 1 [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 80.4 36.3
Other Long-Term Investments 80.4 36.3
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] | Mortgage and other asset-backed securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 0.0 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 | Short-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
Fair Value, Inputs, Level 1 [Member] | U.S. government treasury securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 32.3 82.6
Fair Value, Inputs, Level 1 [Member] | U.S. government treasury securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 80.4 36.3
Fair Value, Inputs, Level 2 [Member]    
Assets:    
Derivative assets, Current 24.0 15.9
Derivative assets, Noncurrent 393.3 278.6
Total Assets 661.4 535.8
Liabilities:    
Derivative liabilities, Current 0.6 7.1
Derivative liabilities, Noncurrent 17.2 20.9
Total liabilities 17.8 28.0
Fair Value, Inputs, Level 2 [Member] | Cash and cash equivalents    
Assets:    
Cash and cash equivalents 0.0 0.0
Fair Value, Inputs, Level 2 [Member] | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 46.4 57.4
Marketable equity securities 0.0 0.0
Total short-term investments 46.4 57.4
Fair Value, Inputs, Level 2 [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 197.7 183.9
Other Long-Term Investments 197.7 183.9
Fair Value, Inputs, Level 2 [Member] | Corporate debt securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 41.9 55.9
Fair Value, Inputs, Level 2 [Member] | Corporate debt securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 126.4 105.5
Fair Value, Inputs, Level 2 [Member] | Mortgage and other asset-backed securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 0.7 0.4
Fair Value, Inputs, Level 2 [Member] | Mortgage and other asset-backed securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 71.3 75.7
Fair Value, Inputs, Level 2 [Member] | State and local government obligations | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 3.8 1.1
Fair Value, Inputs, Level 2 [Member] | State and local government obligations | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities:   2.7
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 40.5 38.6
Liabilities:    
Derivative liabilities, Current 0.0 0.0
Derivative liabilities, Noncurrent 0.0 0.0
Total liabilities 0.0 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: 12.3 11.9
Marketable equity securities 0.0 0.0
Total short-term investments 12.3 11.9
Fair Value, Inputs, Level 3 [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 28.2 26.7
Other Long-Term Investments 28.2 26.7
Fair Value, Inputs, Level 3 [Member] | Corporate debt securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 12.3 11.9
Fair Value, Inputs, Level 3 [Member] | Corporate debt securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 28.2 26.7
Fair Value, Inputs, Level 3 [Member] | Mortgage and other asset-backed securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 0.0 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 | Short-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
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
v3.26.1
Inventories (Narrative) (Details)
$ in Millions
 3 Months Ended
Mar. 29, 2026
USD ($)
Fixed-price Contract [Member]  
Inventory [Line Items]  
Amount of coffee committed to be purchased $ 467.0
Price-to-be-fixed Contract [Member]  
Inventory [Line Items]  
Amount of coffee committed to be purchased $ 497.0
v3.26.1
Inventories (Components of Inventory) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Inventory Disclosure [Abstract]    
Unroasted $ 992.5 $ 911.2
Roasted 425.8 342.0
Other merchandise held for sale 307.0 399.7
Packaging and other supplies 432.5 532.7
Total $ 2,157.8 $ 2,185.6
v3.26.1
Supplemental Balance Sheet Information (Property, Plant And Equipment, net) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 17,572.8 $ 19,842.7
Accumulated depreciation (10,384.1) (11,349.2)
Property, plant and equipment, net 7,188.7 8,493.5
Land [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 54.9 54.9
Buildings [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 665.7 673.7
Leasehold Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 10,379.9 11,762.4
Store Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 3,427.3 3,963.6
Roasting Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 971.3 982.2
Software and Software Development Costs    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 1,025.9 1,177.7
Furniture, Fixtures and Other [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 738.7 893.9
Work in Progress [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 309.1 $ 334.3
v3.26.1
Supplemental Balance Sheet Information (Accrued Liabilities) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Accrued Liabilities [Line Items]    
Accrued occupancy costs $ 58.2 $ 89.5
Dividends Payable, Current 706.4 704.8
Other Accrued Liabilities, Current 760.0 897.0
Insurance Reserve, Current 357.4 282.3
Income taxes payable 70.3 150.3
Accrual for Taxes Other than Income Taxes, Current 215.7 235.8
Accrued liabilities $ 2,168.0 $ 2,359.7
v3.26.1
Supplemental Income Statement Information (Store Operating Expenses) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Store Operating Expenses [Line Items]        
Wages and benefits $ 2,645.3 $ 2,406.1 $ 5,304.0 $ 4,795.2
Occupancy costs 768.1 807.2 1,572.9 1,609.3
Other store operating expenses 995.2 962.7 2,084.1 1,974.6
Store Operating Expenses $ 4,408.6 $ 4,176.0 $ 8,961.0 $ 8,379.1
v3.26.1
Intangible Assets, Goodwill and Other (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Finite-Lived Intangible Assets [Line Items]        
Amortization of Intangible Assets $ 1.2 $ 5.8 $ 2.7 $ 11.4
v3.26.1
Other Intangible Assets and Goodwill (Indefinite-Lived Intangible Assets) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Trade names, trademarks and patents    
Indefinite-lived Intangible Assets [Line Items]    
Indefinite-lived Intangible Assets $ 79.5 $ 79.5
v3.26.1
Other Intangible Assets and Goodwill (Finite-Lived Intangible Assets) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount $ 500.9 $ 1,246.2
Accumulated amortization (404.4) (1,158.9)
Total estimated future amortization expense 96.5 87.3
Acquired and reacquired rights (1)    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 312.3 1,053.9
Accumulated amortization (235.2) (974.9)
Total estimated future amortization expense 77.1 79.0
Acquired trade secrets and processes    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 27.6 27.6
Accumulated amortization (27.6) (27.6)
Total estimated future amortization expense 0.0 0.0
Trade names, trademarks and patents    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 130.2 131.2
Accumulated amortization (123.9) (122.9)
Total estimated future amortization expense 6.3 8.3
Licensing agreements    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 12.2 13.0
Accumulated amortization (12.2) (13.0)
Total estimated future amortization expense 0.0 0.0
Other finite-lived intangible assets    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 18.6 20.5
Accumulated amortization (5.5) (20.5)
Total estimated future amortization expense $ 13.1 $ 0.0
v3.26.1
Other Intangible Assets and Goodwill (Estimated Future Amortization Expense) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]    
2026 (excluding the two quarters ended March 29, 2026) $ 6.1  
2027 12.0  
2028 8.2  
2029 4.9  
2030 4.7  
Thereafter 60.6  
Total estimated future amortization expense $ 96.5 $ 87.3
v3.26.1
Intangible Assets, Goodwill and Other (Changes in Carrying Amount of Goodwill by Reportable Operating Segment) (Details)
$ in Millions
 6 Months Ended
Mar. 29, 2026
USD ($)
Goodwill [Line Items]  
Goodwill, beginning balance $ 3,368.9
Other 26.2
Goodwill, ending balance 1,295.1
Disposal Group, Held-for-Sale, Not Discontinued Operations  
Goodwill [Line Items]  
Disposal Group, Goodwill (2,100.0)
North America  
Goodwill [Line Items]  
Goodwill, beginning balance 490.6
Other 0.2
Goodwill, ending balance 490.8
North America | Disposal Group, Held-for-Sale, Not Discontinued Operations  
Goodwill [Line Items]  
Disposal Group, Goodwill 0.0
International  
Goodwill [Line Items]  
Goodwill, beginning balance 2,842.6
Other 26.0
Goodwill, ending balance 768.6
International | Disposal Group, Held-for-Sale, Not Discontinued Operations  
Goodwill [Line Items]  
Disposal Group, Goodwill (2,100.0)
Channel Development  
Goodwill [Line Items]  
Goodwill, beginning balance 34.7
Other 0.0
Goodwill, ending balance 34.7
Channel Development | Disposal Group, Held-for-Sale, Not Discontinued Operations  
Goodwill [Line Items]  
Disposal Group, Goodwill 0.0
Corporate and Other  
Goodwill [Line Items]  
Goodwill, beginning balance 1.0
Other 0.0
Goodwill, ending balance 1.0
Corporate and Other | Disposal Group, Held-for-Sale, Not Discontinued Operations  
Goodwill [Line Items]  
Disposal Group, Goodwill $ 0.0
v3.26.1
Debt (Narrative) (Details)
$ in Millions, ¥ in Billions
 3 Months Ended 6 Months Ended
Jun. 13, 2030
Dec. 30, 2026
Mar. 27, 2026
Mar. 29, 2026
USD ($)
Mar. 29, 2026
USD ($)
Mar. 29, 2026
JPY (¥)
Sep. 28, 2025
USD ($)
twothousandtwentyfivecreditfacility | Line of Credit [Member]              
Debt Instrument [Line Items]              
Line of Credit Facility, Maximum Borrowing Capacity       $ 3,000.0 $ 3,000.0    
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default       2.00% 2.00% 2.00%  
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    
twothousandtwentyfivecreditfacility | Line of Credit [Member] | Forecast              
Debt Instrument [Line Items]              
Line of Credit Facility, Expiration Date Jun. 13, 2030            
twothousandtwentyfivecreditfacility | Base Rate [Member] | Line of Credit [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Basis Spread on Variable Rate       1.00%      
twothousandtwentyfivecreditfacility | Federal Funds Rate | Line of Credit [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Basis Spread on Variable Rate       0.50%      
twothousandtwentyfivecreditfacility | 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    
Total available contractual borrowing capacity for general corporate purposes       3,000.0 $ 3,000.0    
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       31.3 $ 31.3 ¥ 5.0  
Line of Credit [Member] | 5 billion Yen Credit Facility [Member] | Forecast              
Debt Instrument [Line Items]              
Line of Credit Facility, Expiration Date   Dec. 30, 2026          
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       62.6 $ 62.6 ¥ 10.0  
Line of Credit Facility, Expiration Date     Mar. 27, 2027        
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       $ 0.0 $ 0.0   $ 0.0
v3.26.1
(Components of Long-Term Debt Including Associated Interest Rates and Related Fair Values) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Debt Instrument [Line Items]    
Long-term Debt, Gross $ 15,200.0 $ 16,200.0
Long-term Debt, Fair Value 13,722.8 14,968.2
Debt Instrument, Unamortized (Discount) Premium and Debt Issuance Costs, Net (101.5) (109.3)
Hedge Accounting Fair Value Adjustment 16.6 15.9
Total, Carrying Value, net of aggregate unamortized discount 15,081.9 16,074.8
2023 3-Year Four Point Seven Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 0.0 1,000.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 4.75%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 0.0 1,001.7
2016 10-Year Two Point Four Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 2.45%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 498.1 494.0
2024 3-Year Four Point Eight Five Percentage Senior Note    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,000.0 1,000.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 4.85%  
Debt Instrument, Interest Rate, Effective Percentage 4.958%  
2024 3-Year Four Point Eight Five Percentage Senior Note | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 1,004.6 1,009.8
2020 7-Year Two Point Zero Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 2.00%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 489.4 484.7
2018 10-Year Three Point Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 600.0 600.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 3.50%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 589.4 591.9
2025 3-Year Four Point Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 750.0 750.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 4.50%  
Debt Instrument, Interest Rate, Effective Percentage 4.719%  
2025 3-Year Four Point Five Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 749.3 757.1
2018 10-Year Four Point Zero Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 750.0 750.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 4.00%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 741.5 747.9
2019 10-Year Three Point Five Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,000.0 1,000.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 3.55%  
Debt Instrument, Interest Rate, Effective Percentage 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 970.0 978.5
2020 10-Year Two Point Two Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 750.0 750.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 2.25%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 684.0 687.8
2025 5-Year Four Point Eight Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 4.80%  
Debt Instrument, Interest Rate, Effective Percentage 4.932%  
2025 5-Year Four Point Eight Percentage Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 503.0 510.2
2020 10-Year Two Point Five Five Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,250.0 1,250.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 2.55%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 1,137.5 1,145.9
2024 7-Year Four Point Nine Percentage Senior Note    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 4.90%  
Debt Instrument, Interest Rate, Effective Percentage 5.046%  
2024 7-Year Four Point Nine Percentage Senior Note | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 503.7 514.2
2022 10-Year Three Percent Senior Notes    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,000.0 1,000.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 3.00%  
Debt Instrument, Interest Rate, Effective Percentage 3.155%  
2022 10-Year Three Percent Senior Notes | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 904.8 918.1
2023 10-Year Four Point Eight Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 4.80%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 495.7 505.7
2024 3-Year Five Percentage Senior Note    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 5.00%  
Debt Instrument, Interest Rate, Effective Percentage 5.127%  
2024 3-Year Five Percentage Senior Note | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 498.3 509.9
2025 10-Year Five Point Four Percentage Senior Notes    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 5.40%  
Debt Instrument, Interest Rate, Effective Percentage 5.51%  
2025 10-Year Five Point Four Percentage Senior Notes | Fair Value, Inputs, Level 2 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Fair Value Disclosure $ 505.3 516.6
2015 30-Year Four Point Three Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 350.0 350.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 4.30%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 282.0 292.1
2017 30-Year Three Point Seven Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 3.75%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 362.0 378.0
2018 30-Year Four Point Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,000.0 1,000.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 4.50%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 815.4 849.6
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
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 4.45%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 802.4 839.5
2020 30-Year Three Point Three Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 500.0 500.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 3.35%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 333.9 346.0
2020 30-Year Three Point Five Percentage Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Face Amount $ 1,250.0 1,250.0
Interest rate on outstanding amount of indebtedness, in excess of interest then borne by such borrowings, in event of default 3.50%  
Debt Instrument, Interest Rate, Effective Percentage 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 $ 852.5 $ 889.0
v3.26.1
Debt (Summary of long-term debt maturities) (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 28, 2025
Long-term Debt [Line Items]    
2026 (excluding the two quarters ended March 29, 2026) $ 500.0  
2027 1,500.0  
2028 1,350.0  
2029 1,750.0  
2030 1,250.0  
Thereafter 8,850.0  
Total $ 15,200.0 $ 16,200.0
v3.26.1
Leases - Narrative (Details)
$ in Millions
Mar. 29, 2026
USD ($)
Lessee, Lease, Description [Line Items]  
Lessee, operating lease, lease not yet commenced, amount $ 678.5
Minimum [Member]  
Lessee, Lease, Description [Line Items]  
Lessee, operating lease, lease not yet commenced, term of contract 5 years
Maximum [Member]  
Lessee, Lease, Description [Line Items]  
Lessee, operating lease, lease not yet commenced, term of contract 20 years
v3.26.1
Leases - Schedule of Lease Cost (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Lessee, Lease, Description [Line Items]        
Operating lease costs $ 406.9 $ 458.4 $ 898.5 $ 917.2
Variable lease costs 315.1 297.5 628.3 590.9
Short-term lease costs 4.6 5.3 9.4 10.8
Total lease costs $ 726.6 $ 761.2 $ 1,536.2 $ 1,518.9
v3.26.1
Leases - Schedule Supplemental Disclosures (Details) - USD ($)
$ in Millions
 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Leases [Abstract]    
Weighted-average remaining operating lease term (1) 8 years 7 months 6 days 8 years 7 months 6 days
Weighted-average operating lease discount rate (1) 3.80% 3.60%
Operating lease liabilities arising from obtaining ROU assets (1) $ 630.0 $ 1,076.6
Cash paid related to operating lease liabilities $ 1,049.2 $ 928.8
v3.26.1
Leases - Schedule of Maturity of Operating Lease Payments (Details)
$ in Millions
Mar. 29, 2026
USD ($)
Leases [Abstract]  
2026 (excluding the two quarters ended March 29, 2026) $ 836.2
2027 1,600.2
2028 1,446.8
2029 1,293.0
2030 1,155.2
Thereafter 4,660.7
Total lease payments 10,992.1
Less imputed interest (1,682.6)
Total $ 9,309.5
v3.26.1
Deferred Revenue (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Sep. 28, 2025
Deferred Revenue Arrangement [Line Items]          
Stored value card liability and current portion of deferred revenue $ 1,828.7   $ 1,828.7   $ 1,840.6
Deferred revenue 5,678.7   5,678.7   5,772.6
Deferred Revenue, Revenue Recognized 44.1 $ 44.1 88.2 $ 88.2  
Nestle Global Coffee Alliance [Member]          
Deferred Revenue Arrangement [Line Items]          
Stored value card liability and current portion of deferred revenue 177.0   177.0   177.0
Deferred revenue $ 5,600.0   $ 5,600.0   $ 5,600.0
v3.26.1
Deferred Revenue schedule of changes (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Sep. 28, 2025
Deferred Revenue Arrangement [Line Items]          
Stored value card liability and current portion of deferred revenue $ 1,828.7   $ 1,828.7   $ 1,840.6
Revenue Recognition Period Stored Value Cards and Loyalty Program Breakage [Member]          
Deferred Revenue Arrangement [Line Items]          
Deferred Revenue 2,073.3 $ 2,213.1 1,751.7 $ 1,718.7  
Deferred Revenue, Additions 3,577.0 3,496.8 7,931.7 7,911.2  
Deferred Revenue, Revenue Recognized, Including Opening Balance Sheet Amounts (3,900.8) (3,862.9) 7,724.4 7,755.8  
Deferred Revenue, Other (4.4) 6.2 (5.7) (20.9)  
Deferred Revenue 1,753.6 1,853.2 1,753.6 1,853.2  
Stored Value Cards and Loyalty Program Breakage in Prior Year          
Deferred Revenue Arrangement [Line Items]          
Stored value card liability and current portion of deferred revenue 1,600.0 $ 1,700.0 1,600.0 $ 1,700.0  
Disposal Group, Held-for-Sale, Not Discontinued Operations          
Deferred Revenue Arrangement [Line Items]          
Disposal Group, Including Discontinued Operation, Deferred Revenue $ (8.5)   $ 199.7    
v3.26.1
Equity (Narrative) (Details) - $ / shares
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Sep. 28, 2025
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 29,800,000   29,800,000    
Common Stock, Dividends, Per Share, Declared $ 0.62 $ 0.61 $ 1.24 $ 1.22  
Open Market [Member]          
Equity, Class of Treasury Stock [Line Items]          
Shares of common stock repurchased     0    
v3.26.1
Equity (Components Of Accumulated Other Comprehensive Income, Net Of Tax) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Dec. 28, 2025
Sep. 28, 2025
Dec. 29, 2024
Sep. 29, 2024
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ (8,457.7) $ (7,615.4) $ (8,457.7) $ (7,615.4) $ (8,381.3) $ (8,089.2) $ (7,464.6) $ (7,441.6)
Net gains/(losses) in AOCI, beginning of period     (459.3)          
Other comprehensive income/(loss) 8.6 54.6 42.0 (100.2)        
Net gains/(losses) in AOCI, end of period (417.3)   (417.3)          
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   (1.8)   (1.8) 1.2 0.5 (3.7) (2.3)
Net gains/(losses) recognized in OCI before reclassifications (2.1) 1.7 (1.6) 0.1        
Net (gains)/losses reclassified from AOCI to earnings 0.2 0.2 0.4 0.4        
Other comprehensive income/(loss) (1.9) 1.9 (1.2) 0.5        
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   371.1   371.1 378.8 357.4 382.1 247.7
Net gains/(losses) recognized in OCI before reclassifications 6.3 9.8 47.7 164.9        
Net (gains)/losses reclassified from AOCI to earnings (18.0) (20.8) (38.0) (41.5)        
Other comprehensive income/(loss) (11.7) (11.0) 9.7 123.4        
Translation Adjustment [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   (965.6)   (965.6) (836.8) (858.1) (1,056.2) (744.7)
Net gains/(losses) recognized in OCI before reclassifications (2.9) 90.6 18.3 (220.6)        
Net (gains)/losses reclassified from AOCI to earnings 0.0 0.0 0.0        
Other comprehensive income/(loss) (2.9) 90.6 18.3 (220.6)        
Shareholders' Equity/(Deficit)                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (8,465.1) (7,622.5) (8,465.1) (7,622.5) (8,388.7) (8,096.6) (7,471.7) (7,448.9)
Other comprehensive income/(loss) 8.5 54.6 41.8 (99.9)        
Accumulated Other Comprehensive Income/(Loss)                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (417.3) (529.0) (417.3) (529.0) (425.9) (459.3) (583.6) (428.8)
Net gains/(losses) recognized in OCI before reclassifications 15.8 97.2 74.4 (9.0)        
Net (gains)/losses reclassified from AOCI to earnings (7.3) (42.6) (32.6) (90.9)        
Other comprehensive income/(loss) 8.5 54.6 41.8 (99.9)        
Other comprehensive income/(loss) 8.5 54.6 41.8 (99.9)        
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 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 (0.7)   (0.7)          
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 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 367.1   367.1          
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 0.1   0.2 (0.3)        
Translation adjustment and other                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (839.6)   (839.6)          
AOCI Attributable to Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest 0.1   0.2 (0.3)        
AOCI Including Portion Attributable to Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (417.3)   (417.3)          
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   67.3   67.3 $ 30.9 $ 40.9 $ 94.2 $ 70.5
Net gains/(losses) recognized in OCI before reclassifications 14.5 (4.9) 10.0 46.6        
Net (gains)/losses reclassified from AOCI to earnings 10.5 (22.0) 5.0 (49.8)        
Other comprehensive income/(loss) 25.0 $ (26.9) 15.0 (3.2)        
Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 55.9   55.9          
Accumulated Gain (Loss), Net, Cash Flow Hedge, 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 $ 0.0        
v3.26.1
Equity (Impact of Reclassifications from Accumulated Other Comprehensive Income on Earnings) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Interest income and other, net $ 37.0 $ 28.4 $ 50.1 $ 56.2
Interest expense 137.0 127.3 276.0 254.5
Amounts Reclassified from AOCI, Tax (expense)/benefit 217.3 118.0 688.9 359.4
Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, translation adjustment, and other        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Total before tax 12.2 54.5 46.0 121.4
Amounts Reclassified from AOCI, Tax (expense)/benefit (4.9) (11.9) (13.4) (30.5)
Amounts Reclassified from AOCI, Net of tax 7.3 42.6 32.6 90.9
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) (0.2) (0.4) (0.4)
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member] | Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, translation adjustment, and other        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Interest income and other, net (0.3) (0.2) (0.5) (0.4)
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 18.0 20.8 38.0 41.5
Accumulated Net Investment Hedge Gain (Loss) Attributable to Parent [Member] | Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, translation adjustment, and other        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Interest expense 24.1 27.7 (50.8) (55.4)
Translation Adjustment [Member]        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Net of tax 0.0 0.0 0.0
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Net of tax (10.5) 22.0 (5.0) 49.8
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent | Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, translation adjustment, and other        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Amounts Reclassified from AOCI, Total before tax $ (11.6) $ 27.0 $ 4.3 $ (66.4)
v3.26.1
Employee Stock Plans (Narrative) (Details)
shares in Millions
Mar. 29, 2026
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 67.3
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 8.8
v3.26.1
Employee Stock Plans (Stock-Based Compensation Expense Recognized in Consolidated Statement of Earnings) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Stock-based compensation expense $ 93.2 $ 77.8 $ 219.3 $ 178.3
Restricted Stock Units (RSUs) [Member]        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Stock-based compensation expense $ 93.2 $ 77.8 $ 219.3 $ 178.3
v3.26.1
Employee Stock Plans (Stock Option and RSU Transactions) (Details) - Restricted Stock Units (RSUs) [Member] - USD ($)
shares in Millions, $ in Millions
 6 Months Ended
Mar. 29, 2026
Sep. 28, 2025
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Granted, RSUs 4.4  
RSUs vested, RSUs (2.7)  
Forfeited/expired, RSUs (0.5)  
Total unrecognized stock-based compensation expense, net of estimated forfeitures, RSUs $ 364.8  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number 10.2 9.0
v3.26.1
Income Taxes (Narrative) (Details)
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Income Tax Disclosure [Abstract]        
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 29.80% 23.50% 46.10% 23.60%
v3.26.1
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 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Earnings Per Share [Abstract]        
Net earnings attributable to Starbucks $ 510.9 $ 384.2 $ 804.2 $ 1,165.0
Weighted average common shares outstanding (for basic calculation) 1,139.4 1,136.0 1,138.7 1,135.3
Dilutive effect of outstanding common stock options and RSUs 3.8 4.0 3.9 3.9
Weighted average common and common equivalent shares outstanding (for diluted calculation) 1,143.2 1,140.0 1,142.6 1,139.2
EPS — basic $ 0.45 $ 0.34 $ 0.71 $ 1.03
EPS — diluted $ 0.45 $ 0.34 $ 0.70 $ 1.02
v3.26.1
Segment Reporting (Narrative) (Details) - Reportable_segment
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Segment Reporting Information [Line Items]        
Number of Reportable Segments     3  
Segment Reporting, CODM, Profit (Loss) Measure, How Used, Description     Our CODM evaluates the performance of our operating segments based primarily on net revenues and operating income, which represents earnings before other income and expenses and income taxes. Financial information and forecasts are reviewed by our CODM at the segment level, and are used to evaluate performance, monitor actual results versus forecasts, and allocate resources for the consolidated entity. Our CODM does not use total assets by segment as a basis for decision making.  
Segment Reporting, Disclosure of Major Customers     No customer accounts for 10% or more of our revenues  
Concentration Risk, Percentage | Japan, Canada and the UK Member [Domain] | Japan, Canada and the UK Member [Domain]        
Segment Reporting Information [Line Items]        
Concentration Risk, Percentage 72.00% 74.00% 72.00% 74.00%
Operating Segments | Channel Development        
Segment Reporting Information [Line Items]        
Segment Reporting Information, Description of Products and Services     Channel Development revenues include packaged coffee, tea, foodservice products, and ready-to-drink beverage sales to customers outside of our company-operated and licensed stores. Most of our Channel Development revenues are from product sales to, and royalty revenues from, Nestlé through the Global Coffee Alliance.  
Operating Segments | North America and International Segments        
Segment Reporting Information [Line Items]        
Segment Reporting Information, Description of Products and Services     North America and International operations sell coffee and other beverages, complementary food, packaged coffees, single-serve coffee products, and a focused selection of merchandise through company-operated stores and licensed stores.  
v3.26.1
Segment Reporting (Consolidated Revenue Mix by Product Type) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Revenue from External Customer [Line Items]        
Total net revenues $ 9,531.5 $ 8,761.6 $ 19,446.6 $ 18,159.4
United States        
Revenue from External Customer [Line Items]        
Total net revenues 6,930.3 6,403.5 14,174.3 13,384.7
China        
Revenue from External Customer [Line Items]        
Total net revenues 809.2 752.1 1,644.9 1,508.8
Other countries        
Revenue from External Customer [Line Items]        
Total net revenues 1,792.0 1,606.0 3,627.4 3,265.9
Beverage (1)        
Revenue from External Customer [Line Items]        
Total net revenues 5,659.0 5,293.6 11,603.4 10,971.6
Food (2)        
Revenue from External Customer [Line Items]        
Total net revenues 1,830.6 1,691.9 3,712.0 3,482.3
Other (3)        
Revenue from External Customer [Line Items]        
Total net revenues $ 2,041.9 $ 1,776.1 $ 4,131.2 $ 3,705.5
Concentration Risk, Percentage | Product type        
Revenue from External Customer [Line Items]        
Concentration Risk, Percentage 100.00% 100.00% 100.00% 100.00%
Concentration Risk, Percentage | Beverage (1) | Product type        
Revenue from External Customer [Line Items]        
Concentration Risk, Percentage 59.00% 60.00% 60.00% 60.00%
Concentration Risk, Percentage | Food (2) | Product type        
Revenue from External Customer [Line Items]        
Concentration Risk, Percentage 19.00% 19.00% 19.00% 19.00%
Concentration Risk, Percentage | Other (3) | Product type        
Revenue from External Customer [Line Items]        
Concentration Risk, Percentage 22.00% 21.00% 21.00% 21.00%
v3.26.1
Segment Reporting (Information by Geographic Area) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Sep. 28, 2025
Revenues from External Customers and Long-Lived Assets [Line Items]          
Long-lived assets: $ 19,998.3   $ 19,998.3   $ 24,637.4
Total net revenues 9,531.5 $ 8,761.6 19,446.6 $ 18,159.4  
United States          
Revenues from External Customers and Long-Lived Assets [Line Items]          
Long-lived assets: 15,645.7   15,645.7   15,952.7
Total net revenues 6,930.3 6,403.5 14,174.3 13,384.7  
China          
Revenues from External Customers and Long-Lived Assets [Line Items]          
Long-lived assets: 170.6   170.6   4,276.8
Total net revenues 809.2 752.1 1,644.9 1,508.8  
Other countries          
Revenues from External Customers and Long-Lived Assets [Line Items]          
Long-lived assets: 4,182.0   4,182.0   $ 4,407.9
Total net revenues $ 1,792.0 $ 1,606.0 $ 3,627.4 $ 3,265.9  
v3.26.1
Segment Reporting (Reconciliation Of Total Segment Operating Income To Consolidated Earnings Before Income Taxes) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total net revenues $ 9,531.5 $ 8,761.6 $ 19,446.6 $ 18,159.4
Product and distribution costs 3,208.5 2,737.6 6,482.1 5,631.3
Store operating expenses 4,408.6 4,176.0 8,961.0 8,379.1
Other operating expenses 130.5 138.7 261.7 291.3
Depreciation and amortization expenses 363.4 418.9 764.3 826.2
General and administrative expenses 618.1 632.3 1,256.8 1,298.0
Restructuring and impairments 25.1 116.2 113.2 116.2
Total operating expenses 8,754.2 8,219.7 17,839.1 16,542.1
Income from equity method investees 50.8 59.1 111.3 105.5
Operating income/(loss) 828.1 601.0 1,718.8 1,722.8
Interest income and other, net 37.0 28.4 50.1 56.2
Interest expense 137.0 127.3 276.0 254.5
Earnings before income taxes 728.1 502.1 1,492.9 1,524.5
Operating Segments | North America        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total net revenues 6,893.8 6,472.7 14,174.3 13,544.6
Product and distribution costs 2,068.8 1,807.1 4,204.3 3,774.6
Store operating expenses 3,691.9 3,431.6 7,477.0 6,890.1
Other operating expenses 56.0 68.6 115.8 147.0
Depreciation and amortization expenses 299.5 299.2 598.3 588.1
General and administrative expenses 92.4 96.6 186.7 193.9
Restructuring and impairments 5.3 21.3 45.3 21.3
Total operating expenses 6,213.9 5,724.4   11,615.0
Income from equity method investees 0.0 0.0 0.0 0.0
Operating income/(loss) 679.9 748.3 1,546.9 1,929.6
Operating Segments | International        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total net revenues 2,051.1 1,867.1 4,116.0 3,738.4
Product and distribution costs 749.7 659.8 1,497.8 1,306.8
Store operating expenses 716.7 744.4 1,484.0 1,489.0
Other operating expenses 55.6 55.1 112.3 115.7
Depreciation and amortization expenses 32.6 89.0 102.7 178.1
General and administrative expenses 89.0 84.8 184.9 177.2
Restructuring and impairments 8.8 16.8 52.4 16.8
Total operating expenses 1,652.4 1,649.9 3,434.1 3,283.6
Income from equity method investees (0.1) (0.2) (0.5) (0.7)
Operating income/(loss) 398.6 217.0 681.4 454.1
Operating Segments | Channel Development        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total net revenues 567.8 409.0 1,090.5 845.3
Product and distribution costs 370.5 257.7 723.1 517.5
Store operating expenses 0.0 0.0 0.0 0.0
Other operating expenses 17.7 15.0 31.5 28.4
Depreciation and amortization expenses 0.0 0.0 0.0 0.0
General and administrative expenses 0.7 1.2 1.9 3.1
Restructuring and impairments (0.1) 0.9 0.1 0.9
Total operating expenses 388.8 274.8 756.6 549.9
Income from equity method investees 50.9 59.3 111.8 106.2
Operating income/(loss) 229.9 193.5 445.7 401.6
Operating Segments | Corporate and Other        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total net revenues 18.8 12.8 65.8 31.1
Product and distribution costs 19.5 13.0 56.9 32.4
Store operating expenses 0.0 0.0 0.0 0.0
Other operating expenses 1.2 0.0 2.1 0.2
Depreciation and amortization expenses 31.3 30.7 63.3 60.0
General and administrative expenses 436.0 449.7 883.3 923.8
Restructuring and impairments 11.1 77.2 15.4 77.2
Total operating expenses 499.1 570.6 1,021.0 1,093.6
Income from equity method investees 0.0 0.0 0.0 0.0
Operating income/(loss) $ (480.3) $ (557.8) $ (955.2) $ (1,062.5)
v3.26.1
Restructuring and Related Activities (Narrative) (Details)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
USD ($)
store
Mar. 30, 2025
USD ($)
Mar. 29, 2026
USD ($)
store
Mar. 30, 2025
USD ($)
Sep. 27, 2026
USD ($)
Restructuring Charges [Abstract]          
Restructuring and impairments $ 25.1 $ 116.2 $ 113.2 $ 116.2  
Restructuring Cost and Reserve [Line Items]          
Disposal and impairment of store assets 14.3   39.1    
Employee severance, separation and other costs 7.8   22.2    
Amortization of ROU lease assets and other lease exit costs 3.0   51.9    
Restructuring and impairments $ 25.1 116.2 $ 113.2 116.2  
Restructuring store closures | store 62   227    
Forecast          
Restructuring Cost and Reserve [Line Items]          
Restructuring and Related Cost, Expected Cost         $ 150.0
Operating Segments | North America          
Restructuring Charges [Abstract]          
Restructuring and impairments $ 5.3 21.3 $ 45.3 21.3  
Restructuring Cost and Reserve [Line Items]          
Disposal and impairment of store assets 14.2   39.0    
Employee severance, separation and other costs (6.4)   1.6    
Amortization of ROU lease assets and other lease exit costs (2.5)   4.7    
Restructuring and impairments 5.3 21.3 45.3 21.3  
Operating Segments | International          
Restructuring Charges [Abstract]          
Restructuring and impairments 8.8 16.8 52.4 16.8  
Restructuring Cost and Reserve [Line Items]          
Disposal and impairment of store assets 0.1   0.1    
Employee severance, separation and other costs 3.2   5.1    
Amortization of ROU lease assets and other lease exit costs 5.5   47.2    
Restructuring and impairments 8.8 16.8 52.4 16.8  
Operating Segments | Channel Development          
Restructuring Charges [Abstract]          
Restructuring and impairments (0.1) 0.9 0.1 0.9  
Restructuring Cost and Reserve [Line Items]          
Disposal and impairment of store assets 0.0   0.0    
Employee severance, separation and other costs (0.1)   0.1    
Amortization of ROU lease assets and other lease exit costs 0.0   0.0    
Restructuring and impairments (0.1) 0.9 0.1 0.9  
Operating Segments | Corporate and Other          
Restructuring Charges [Abstract]          
Restructuring and impairments 11.1 77.2 15.4 77.2  
Restructuring Cost and Reserve [Line Items]          
Disposal and impairment of store assets 0.0   0.0    
Employee severance, separation and other costs 11.1   15.4    
Amortization of ROU lease assets and other lease exit costs 0.0   0.0    
Restructuring and impairments $ 11.1 $ 77.2 $ 15.4 $ 77.2  
v3.26.1
Restructuring Reserve (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Mar. 29, 2026
Mar. 30, 2025
Restructuring Reserve [Roll Forward]        
Restructuring and impairments $ 25.1 $ 116.2 $ 113.2 $ 116.2
Employee severance, separation and other costs 7.8   22.2  
Amortization of ROU lease assets and other lease exit costs 3.0   51.9  
Operating Lease Liability, Restructuring 243.2   243.2  
Employee Severance, separation costs, and other        
Restructuring Reserve [Roll Forward]        
Beginning balance at September 28, 2025     158.9  
Employee severance, separation and other costs     22.2  
Cash payments     (137.9)  
Restructuring reserve, other     (14.2)  
Ending balance at March 29, 2026 26.4   26.4  
Lease Termination        
Restructuring Reserve [Roll Forward]        
Beginning balance at September 28, 2025     238.9  
Amortization of ROU lease assets and other lease exit costs     51.9  
Cash payments     (93.0)  
Restructuring reserve, other     0.0  
Ending balance at March 29, 2026 195.9   195.9  
Total Restructuring Reserve        
Restructuring Reserve [Roll Forward]        
Beginning balance at September 28, 2025     397.8  
Restructuring and impairments     74.1  
Cash payments     (230.9)  
Restructuring reserve, other     (14.2)  
Ending balance at March 29, 2026 $ 222.3   222.3  
Disposal Group, Held-for-Sale, Not Discontinued Operations | Employee Severance, separation costs, and other        
Restructuring Reserve [Roll Forward]        
Disposal Group, Employee Severance, separation costs, and other     (2.6)  
Disposal Group, Held-for-Sale, Not Discontinued Operations | Lease Termination        
Restructuring Reserve [Roll Forward]        
Disposal Group, Lease exit and other related costs     (1.9)  
Disposal Group, Held-for-Sale, Not Discontinued Operations | Total Restructuring Reserve        
Restructuring Reserve [Roll Forward]        
Disposal Group, Restructuring     $ (4.5)  
v3.26.1
Subsequent Events (Narrative) (Details) - Boyu Capital, JV Partner
$ in Millions
 6 Months Ended
Mar. 29, 2026
USD ($)
store
Subsequent Event [Line Items]  
Equity Method Investment, Ownership Percentage 60.00%
Number of Stores, China Divestiture | store 7,991
Proceeds from Divestiture of Businesses | $ $ 3,100.0