STARBUCKS CORP, 10-Q filed on 1/28/2026
Quarterly Report
v3.25.4
Document And Entity Information - shares
shares in Millions
3 Months Ended
Dec. 28, 2025
Jan. 22, 2026
Entity Information [Line Items]    
Entity Incorporation, State or Country Code WA  
Title of 12(b) Security Common Stock, $0.001 par value per share  
Document Type 10-Q  
Document Quarterly Report true  
Amendment Flag false  
Document Period End Date Dec. 28, 2025  
Document Transition Report false  
Entity File Number 000-20322  
Document Fiscal Year Focus 2026  
Document Fiscal Period Focus Q1  
Trading Symbol SBUX  
Entity Central Index Key 0000829224  
Current Fiscal Year End Date --09-27  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Common Stock, Shares Outstanding   1,139.3
Entity Registrant Name Starbucks Corporation  
Entity Address, Address Line One 2401 Utah Avenue South  
Entity Address, City or Town Seattle  
Entity Address, State or Province WA  
Entity Address, Postal Zip Code 98134  
City Area Code 206  
Local Phone Number 447-1575  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Shell Company false  
Security Exchange Name NASDAQ  
Entity Tax Identification Number 91-1325671  
Document Information [Line Items]    
Entity Shell Company false  
v3.25.4
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Revenues $ 9,915.1 $ 9,397.8
Product and distribution costs 3,273.6 2,893.7
Store operating expenses 4,552.3 4,203.0
Other operating expenses 131.2 152.5
Depreciation and amortization expenses 400.9 407.6
General and administrative expenses 638.8 665.8
Restructuring and impairments 88.1 0.0
Total operating expenses 9,084.9 8,322.6
Income (Loss) from Equity Method Investments 60.6 46.5
Operating Income (Loss), Total 890.8 1,121.7
Interest income and other, net 13.0 27.8
Interest expense (139.0) (127.2)
Earnings before income taxes 764.8 1,022.3
Income tax expense 471.6 241.4
Net earnings including noncontrolling interests 293.2 780.9
Net earnings/(loss) attributable to noncontrolling interests (0.1) 0.1
Net earnings attributable to Starbucks $ 293.3 $ 780.8
EPS — basic $ 0.26 $ 0.69
EPS — diluted $ 0.26 $ 0.69
Weighted average shares outstanding:    
Basic 1,138.0 1,134.7
Diluted 1,141.9 1,138.4
Company-operated stores [Member]    
Revenues $ 8,188.0 $ 7,785.3
Licensed stores [Member]    
Revenues 1,130.4 1,135.7
Product and Service, Other [Member]    
Revenues $ 596.7 $ 476.8
v3.25.4
Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Net earnings including noncontrolling interests $ 293.2 $ 780.9
Other comprehensive income/(loss), net of tax:    
Other comprehensive income/(loss) 33.4 (154.8)
Comprehensive income including noncontrolling interests 326.6 626.1
Comprehensive income/(loss) attributable to noncontrolling interests 0.0 (0.2)
Comprehensive income attributable to Starbucks 326.6 626.3
Available-for-sale Securities [Member]    
Other comprehensive income/(loss), net of tax:    
Unrealized holding gains/(losses) on available-for-sale securities, before tax 0.7 (2.1)
Unrealized holding gains/(losses) on available-for-sale debt securities, tax (expense)/benefit (0.2) 0.5
Cash Flow Hedging [Member]    
Other comprehensive income/(loss), net of tax:    
Unrealized gains/(losses) on cash flow hedging instruments, before tax (4.2) 69.6
Unrealized gains/(losses) on cash flow hedging instruments, tax (expense)/benefit (0.3) (18.1)
Net Investment Hedging [Member]    
Other comprehensive income/(loss), net of tax:    
Unrealized gains/(losses) on net investment hedging instruments, before tax 55.4 207.5
Unrealized gains/(losses) on net investment hedging instruments, tax (expense)/benefit (14.0) (52.4)
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest    
Other comprehensive income/(loss), net of tax:    
Translation adjustment and other, before tax 21.3 (311.5)
Reclassification out of Accumulated Other Comprehensive Income [Member]    
Other comprehensive income/(loss), net of tax:    
Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, translation adjustment, and other, before tax (33.8) (66.9)
Reclassification adjustment for net (gains)/losses realized in net earnings for available-for-sale securities, hedging instruments, translation adjustment, and other, tax expense/(benefit) $ 8.5 $ 18.6
v3.25.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Cash and cash equivalents $ 3,413.4 $ 3,219.8
Short-term investments 184.9 247.2
Accounts receivable, net 1,219.2 1,277.5
Inventories 2,114.4 2,185.6
Prepaid expenses and other current assets 374.1 452.2
Assets held for sale 4,716.6  
Total current assets 12,022.6 7,382.3
Long-term investments 288.3 246.9
Equity investments 432.0 466.2
Property, plant and equipment, net 7,399.5 8,493.5
Operating lease, right-of-use asset 8,228.2 9,315.7
Deferred income taxes, net 1,600.8 1,826.9
Other long-term assets 778.6 752.5
Other intangible assets 167.2 166.8
Goodwill 1,311.1 3,368.9
TOTAL ASSETS 32,228.3 32,019.7
Accounts payable 1,682.2 1,852.8
Accrued liabilities 2,334.3 2,359.7
Accrued payroll and benefits 751.4 1,093.9
Current portion of operating lease liability 1,342.9 1,564.5
Deferred Revenue, Current 2,121.7 1,840.6
Current portion of long-term debt 1,499.5 1,498.9
Liabilities held for sale 1,754.6  
Total current liabilities 11,486.6 10,210.4
Long-term debt 14,580.9 14,575.9
Operating lease liability 8,047.6 8,972.2
Deferred Revenue, Noncurrent 5,748.0 5,772.6
Other long-term liabilities 746.5 577.8
Total liabilities 40,609.6 40,108.9
Common stock ($0.001 par value) — authorized, 2,400.0 shares; issued and outstanding, 1,139.1 and 1,136.9 shares, respectively 1.1 1.1
Additional paid-in capital 721.5 634.1
Retained deficit (8,685.4) (8,272.5)
Accumulated other comprehensive income/(loss) (425.9) (459.3)
Total shareholders’ deficit (8,388.7) (8,096.6)
Noncontrolling interests 7.4 7.4
Total deficit (8,381.3) (8,089.2)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY/(DEFICIT) $ 32,228.3 $ 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 1,139,100,000 1,136,900,000
Disposal Group, Held-for-Sale, Not Discontinued Operations    
Assets held for sale $ 4,716.6  
Liabilities held for sale $ 1,754.6  
v3.25.4
Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares
Dec. 28, 2025
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 1,139,100,000 1,136,900,000
v3.25.4
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
OPERATING ACTIVITIES:    
Net earnings including noncontrolling interests $ 293.2 $ 780.9
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Deferred income taxes, net 302.6 (14.9)
Income earned from equity method investees, net (62.3) (53.1)
Distributions received from equity method investees 96.7 81.9
Stock-based compensation 126.1 100.6
Non-cash lease costs 352.8 493.7
Loss on disposal, impairment, and accelerated amortization of assets 109.7 40.9
Other 5.4 (7.0)
Cash provided by/(used in) changes in operating assets and liabilities:    
Accounts receivable (0.2) (75.8)
Inventories (31.8) 25.1
Income taxes payable 55.4 104.9
Accounts payable (39.0) 230.2
Deferred revenue 472.3 480.9
Operating lease liability (433.2) (510.2)
Other operating assets and liabilities (81.9) (38.3)
Depreciation, Depletion and Amortization 431.9 432.2
Net cash provided by operating activities 1,597.7 2,072.0
INVESTING ACTIVITIES:    
Purchases of investments (51.0) (66.3)
Sales of investments 0.3 0.0
Maturities and calls of investments 77.2 87.6
Additions to property, plant and equipment (323.7) (692.9)
Acquisitions, net of cash acquired 0.0 (177.1)
Other (25.7) (6.5)
Net cash used in investing activities (322.9) (855.2)
FINANCING ACTIVITIES:    
Net proceeds from issuance of short-term debt 2.5 0.0
Repayments of short-term debt 0.0 (5.4)
Proceeds from issuance of common stock 17.7 17.1
Cash dividends paid (705.1) (691.9)
Minimum tax withholdings on share-based awards (58.1) (74.6)
Net cash used in financing activities (743.0) (754.8)
Effect of exchange rate changes on cash and cash equivalents 9.0 (76.8)
Net change in cash balances classified as held for sale (347.2) 0.0
Net increase (decrease) in cash and cash equivalents 193.6 385.2
CASH AND CASH EQUIVALENTS:    
Beginning of period 3,219.8 3,286.2
End of period 3,413.4 3,671.4
Cash paid during the period for:    
Interest, net of capitalized interest 142.4 98.3
Income taxes $ 94.9 $ 121.4
v3.25.4
Condensed Consolidated Statements of Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings/(Deficit) [Member]
AOCI Attributable to Parent [Member]
Parent [Member]
Noncontrolling Interest [Member]
Balance, Amount at 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 including noncontrolling interests 780.9 $ 0.0 0.0 780.8 0.0 780.8 0.1
Other comprehensive income/(loss) (154.8) 0.0 0.0 0.0 (154.5) (154.5) (0.3)
Stock-based compensation expense 102.1 $ 0.0 102.1 0.0 0.0 102.1 0.0
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture   2.1          
Exercise of stock options/vesting of RSUs (70.7) $ 0.0 (70.7) 0.0 0.0 (70.7) 0.0
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.2          
Sale of common stock 13.2 $ 0.0 13.2 0.0 0.0 13.2 0.0
Dividends, Cash (693.4) 0.0 0.0 (693.4) 0.0 (693.4) 0.0
Other $ (0.3) $ 0.0 0.0 0.0 (0.3) (0.3) 0.0
Common Stock, Dividends, Per Share, Declared $ 0.61            
Common Stock, Shares, Outstanding at Dec. 29, 2024   1,135.8          
Balance, Amount at Dec. 29, 2024 $ (7,464.6) $ 1.1 367.2 (7,256.4) (583.6) (7,471.7) 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 including noncontrolling interests 293.2 $ 0.0 0.0 293.3 0.0 293.3 (0.1)
Other comprehensive income/(loss) 33.4 0.0 0.0 0.0 33.3 33.3 0.1
Stock-based compensation expense 127.7 $ 0.0 127.7 0.0 0.0 127.7 0.0
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture   2.1          
Exercise of stock options/vesting of RSUs (52.1) $ 0.0 (52.1) 0.0 0.0 (52.1) 0.0
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.1          
Sale of common stock 11.8 $ 0.0 11.8 0.0 0.0 11.8 0.0
Dividends, Cash (706.2) 0.0 0.0 (706.2) 0.0 (706.2) 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 Dec. 28, 2025   1,139.1          
Balance, Amount at Dec. 28, 2025 $ (8,381.3) $ 1.1 $ 721.5 $ (8,685.4) $ (425.9) $ (8,388.7) $ 7.4
v3.25.4
Accounting Policies
3 Months Ended
Dec. 28, 2025
Accounting Policies [Abstract]  
Significant Accounting Policies [Text Block] Summary of Significant Accounting Policies
Financial Statement Preparation
The unaudited consolidated financial statements as of December 28, 2025, and for the quarters ended December 28, 2025 and December 29, 2024, 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 ended December 28, 2025 and December 29, 2024 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 ended December 28, 2025 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.
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 that is classified as held for sale at the lower of its carrying value or fair value less any costs to sell and recognize any 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 will acquire up to a 60% interest in
Starbucks retail operations in China. Starbucks will retain a 40% interest in the joint venture and will continue 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.
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.
v3.25.4
Acquisitions and Divestitures
3 Months Ended
Dec. 28, 2025
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 will acquire up to a 60% interest in Starbucks retail operations in China. The partial divestiture is expected to result in the conversion of 8,011 company-operated stores to licensed stores within our International segment. Starbucks will retain 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 will acquire its interest based on a cash-free, debt-free mutually agreed-upon total enterprise value of approximately $4 billion, to be further adjusted for other contractually agreed-upon items. The transaction is subject to required regulatory approvals as well as customary closing conditions, and is expected to close by early calendar year 2026.
In the first quarter of 2026, we determined that the disposal group met the held-for-sale criteria. Accordingly, we have presented the assets and liabilities of the disposal group as held for sale on the consolidated balance sheets.
As of December 28, 2025, 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$347.2 
Accounts receivable, net60.3 
Inventories101.6 
Prepaid expenses and other current assets52.5 
Property, plant and equipment, net875.3 
Operating lease, right-of-use asset1,037.4 
Deferred income taxes, net113.1 
Other long-term assets56.1 
Goodwill2,073.1 
Assets held for sale$4,716.6 
Accounts payable$129.0 
Accrued liabilities148.4 
Accrued payroll and benefits110.7 
Current portion of operating lease liability227.5 
Stored value card liability and current portion of deferred revenue197.7 
Short-term debt
2.5 
Operating lease liability854.1 
Deferred revenue
17.4 
Other long-term liabilities67.3 
Liabilities held for sale$1,754.6 
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.
v3.25.4
Derivative Financial Instruments
3 Months Ended
Dec. 28, 2025
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)
Dec 28, 2025Sep 28, 2025
Cash Flow Hedges:
Coffee$11.0 $23.3 $11.0 5
Foreign currency - other20.4 19.0 13.4 34
Interest rates(0.5)(1.4)(3.5)0
Net Investment Hedges:
Cross-currency swaps227.6 206.2 — 99
Foreign currency16.0 16.0 — 0
Foreign currency debt135.2 135.2 — 0
Pre-tax gains and losses on derivative contracts and foreign currency-denominated long-term debt designated as hedging instruments recognized in other comprehensive income (“OCI”) and reclassifications from AOCI to earnings (in millions):
Quarter Ended
Gains/(Losses) Recognized in
OCI Before Reclassifications
Gains/(Losses) Reclassified from
AOCI to Earnings
Location of gain/(loss)
Dec 28, 2025Dec 29, 2024Dec 28, 2025Dec 29, 2024
Cash Flow Hedges:
Coffee$(14.2)$12.8 $0.2 $27.7 Product and distribution costs
Cross-currency swaps— 0.9 — 0.8 Interest income and other, net
Dairy— (1.1)— 1.4 Product and distribution costs
Foreign currency - other10.0 57.0 6.7 8.8 Licensed stores revenue
1.6 1.7 Product and distribution costs
Interest rates— — (1.2)(1.0)Interest expense
Net Investment Hedges:
Cross-currency swaps (1)
55.4 207.5 26.7 27.7 Interest expense
(1) Gains and losses recognized in earnings relate to components excluded from the assessment of effectiveness.
Pre-tax gains and losses on non-designated derivatives and designated fair value hedging instruments and the related fair value hedged item recognized in earnings (in millions):
Gains/(Losses) Recognized in Earnings
Location of gain/(loss) recognized in earnings Quarter Ended
 Dec 28, 2025Dec 29, 2024
Non-Designated Derivatives:
DairyInterest income and other, net$— $0.1 
Foreign currency - otherInterest income and other, net1.9 8.9 
Diesel fuel and other commoditiesInterest income and other, net— (0.1)
Fair Value Hedges:
Interest rate swaps
Interest expense(0.3)(13.1)
Long-term debt (hedged item)Interest expense(1.5)10.6 
Notional amounts of outstanding derivative contracts (in millions):
Dec 28, 2025Sep 28, 2025
Coffee$205 $387 
Cross-currency swaps4,197 4,197 
Diesel fuel and other commodities— 
Foreign currency - other 874 930 
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 LocationDec 28, 2025Sep 28, 2025
Designated Derivative Instruments(1):
Cross-currency swapsOther long-term assets349.5 271.9 
Foreign currency - otherPrepaid expenses and other current assets15.9 13.0 
Other long-term assets9.8 6.7 
Non-designated Derivative Instruments:
Diesel fuel and other commoditiesPrepaid expenses and other current assets— 0.1 
Foreign currencyPrepaid expenses and other current assets0.8 2.7 
Derivative Liabilities
Balance Sheet LocationDec 28, 2025Sep 28, 2025
Designated Derivative Instruments:
Cross-currency swapsAccrued liabilities$40.6 $5.8 
Other long-term liabilities17.5 3.5 
Foreign currency - otherAccrued liabilities1.2 0.2 
Other long-term liabilities1.0 0.2 
Interest rate swapsOther long-term liabilities17.3 17.0 
Non-designated Derivative Instruments:
Foreign currencyAccrued liabilities2.0 1.1 
Other long-term liabilities— 0.2 
(1) 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
Dec 28, 2025Sep 28, 2025Dec 28, 2025Sep 28, 2025
Location on the balance sheet
Long-term debt$335.6 $334.1 $(14.4)$(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.
v3.25.4
Fair Value Measurements
3 Months Ended
Dec. 28, 2025
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
December 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$3,413.4 $3,413.4 $— $— 
Short-term investments:
Available-for-sale debt securities:
Corporate debt securities55.0 — 42.9 12.1 
Mortgage and other asset-backed securities0.3 — 0.3 — 
State and local government obligations1.1 — 1.1 — 
U.S. government treasury securities28.9 28.9 — — 
Total available-for-sale debt securities85.3 28.9 44.3 12.1 
Marketable equity securities99.6 99.6 — — 
Total short-term investments184.9 128.5 44.3 12.1 
Prepaid expenses and other current assets:
Derivative assets16.7 — 16.7 — 
Long-term investments:
Available-for-sale debt securities:
Corporate debt securities137.9 — 110.5 27.4 
Mortgage and other asset-backed securities74.2 — 74.2 — 
State and local government obligations2.7 — 2.7 — 
U.S. government treasury securities73.5 73.5 — — 
Total available-for-sale debt securities288.3 73.5 187.4 27.4 
Total long-term investments288.3 73.5 187.4 27.4 
Other long-term assets:
Derivative assets359.3 — 359.3 — 
Total assets$4,262.6 $3,615.4 $607.7 $39.5 
Liabilities:
Accrued liabilities:
Derivative liabilities43.8 — 43.8 — 
Other long-term liabilities:
Derivative liabilities35.9 — 35.9 — 
Total liabilities$79.7 $— $79.7 $— 
  Fair Value Measurements at Reporting Date Using
 Balance at September 28, 2025Quoted 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 assets$4,008.4 $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 December 28, 2025 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 quarters ended December 28, 2025 and December 29, 2024.
v3.25.4
Inventories
3 Months Ended
Dec. 28, 2025
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block] Inventories (in millions):
Dec 28, 2025 (2)
Sep 28, 2025
Coffee:
Unroasted$990.6 $911.2 
Roasted350.5 342.0 
Other merchandise held for sale (1)
335.4 399.7 
Packaging and other supplies437.9 532.7 
Total$2,114.4 $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 December 28, 2025, we had committed to purchasing green coffee totaling $382 million under fixed-price contracts and an estimated $879 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.
v3.25.4
Supplemental Balance Sheet and Income Statement
3 Months Ended
Dec. 28, 2025
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
Dec 28, 2025 (1)
Sep 28, 2025
Land$55.0 $54.9 
Buildings670.4 673.7 
Leasehold improvements10,399.2 11,762.4 
Store equipment3,411.4 3,963.6 
Roasting equipment970.8 982.2 
Capitalized software1,027.8 1,177.7 
Furniture, fixtures and other736.6 893.9 
Work in progress309.1 334.3 
Property, plant and equipment, gross17,580.3 19,842.7 
Accumulated depreciation(10,180.8)(11,349.2)
Property, plant and equipment, net$7,399.5 $8,493.5 
(1)The fiscal year 2026 balances exclude Starbucks retail operations in China that were classified as held for sale.
Accrued Liabilities
Dec 28, 2025 (1)
Sep 28, 2025
Accrued occupancy costs$59.6 $89.5 
Accrued dividends payable706.2 704.8 
Accrued capital and other operating expenditures861.6 897.0 
Insurance reserves
335.5 282.3 
Income taxes payable127.5 150.3 
Accrued business taxes243.9 235.8 
Total accrued liabilities$2,334.3 $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 Ended
Dec 28, 2025Dec 29, 2024
Wages and benefits$2,658.7 $2,389.1 
Occupancy costs804.8 802.1 
Other expenses1,088.8 1,011.8 
Total store operating expenses$4,552.3 $4,203.0 
v3.25.4
Other Intangible Assets and Goodwill
3 Months Ended
Dec. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block] Other Intangible Assets and Goodwill
Indefinite-Lived Intangible Assets
(in millions)Dec 28, 2025Sep 28, 2025
Trade names, trademarks and patents$79.5 $79.5 

Finite-Lived Intangible Assets
Dec 28, 2025Sep 28, 2025
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired and reacquired rights (1)
$319.0 $(239.8)$79.2 $1,053.9 $(974.9)$79.0 
Acquired trade secrets and processes27.6 (27.6)— 27.6 (27.6)— 
Trade names, trademarks and patents132.0 (123.5)8.5 131.2 (122.9)8.3 
Licensing agreements12.5 (12.5)— 13.0 (13.0)— 
Other finite-lived intangible assets2.3 (2.3)— 20.5 (20.5)— 
Total finite-lived intangible assets$493.4 $(405.7)$87.7 $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 $1.5 million for the quarter ended December 28, 2025 and $5.6 million for the quarter ended December 29, 2024, respectively.
Estimated future amortization expense as of December 28, 2025 (in millions):
Fiscal YearTotal
2026 (excluding the quarter ended December 28, 2025)
$4.7 
20276.0 
20285.4 
20295.0 
20304.8 
Thereafter61.8 
Total estimated future amortization expense$87.7 
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 
Planned divestiture (1)
— (2,073.1)— — (2,073.1)
Other (2)
0.5 14.8 — — 15.3 
Goodwill balance at December 28, 2025
$491.1 $784.3 $34.7 $1.0 $1,311.1 
(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.
v3.25.4
Debt
3 Months Ended
Dec. 28, 2025
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 December 28, 2025, we were in compliance with all applicable covenants. No amounts were outstanding under our 2025 credit facility as of December 28, 2025 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 December 28, 2025 and September 28, 2025. Our total available contractual borrowing capacity for general corporate purposes was $3.0 billion as of the end of our first 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 $32.1 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 $64.2 million, credit facility is currently set to mature on March 27, 2026. 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 December 28, 2025 and September 28, 2025, we had no borrowings outstanding under these credit facilities.
v3.25.4
Leases
3 Months Ended
Dec. 28, 2025
Leases [Abstract]  
Lessee, Operating Leases Leases
The components of lease costs (in millions):
Quarter Ended
Dec 28, 2025Dec 29, 2024
Operating lease costs (1)
$491.6 $458.8 
Variable lease costs313.2 293.4 
Short-term lease costs4.8 5.5 
Total lease costs$809.6 $757.7 
(1)Includes immaterial amounts of sublease income and rent concessions.
The following table includes supplemental information (in millions):
Quarter Ended
Dec 28, 2025Dec 29, 2024
Cash paid related to operating lease liabilities$523.6 $468.4 
Operating lease liabilities arising from obtaining ROU assets (1)
312.6 628.7 
Dec 28, 2025Dec 29, 2024
Weighted-average remaining operating lease term (1)
8.7 years8.6 years
Weighted-average operating lease discount rate (1)
3.8 %3.5 %
(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 December 28, 2025 and September 28, 2025. Finance lease costs were also immaterial for the quarters ended December 28, 2025 and December 29, 2024.
Minimum future maturities of operating lease liabilities (in millions):
Fiscal Year
Total (1)
2026 (excluding the quarter ended December 28, 2025)
$1,251.9 
20271,561.1 
20281,400.9 
20291,250.5 
20301,115.9 
Thereafter4,509.1 
Total lease payments11,089.4 
Less imputed interest(1,698.9)
Total$9,390.5 
(1)Balances exclude Starbucks retail operations in China that were classified as held for sale.
As of December 28, 2025, we have entered into operating leases that have not yet commenced of $639.0 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. Total lease exit costs of $48.9 million were recorded in restructuring and impairments on the consolidated statement of earnings in the first quarter of fiscal 2026. See Note 17, Restructuring, for further discussion.
v3.25.4
Deferred Revenue
3 Months Ended
Dec. 28, 2025
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 December 28, 2025 and 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 December 28, 2025 and December 29, 2024, we recognized $44.1 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 December 28, 2025
Total
Stored value cards and loyalty program at September 28, 2025
$1,751.7 
Revenue deferred - card activations, card reloads and Stars earned4,354.7 
Revenue recognized - card and Stars redemptions and breakage(3,823.6)
Other (1)
(1.3)
Planned divestiture (2)
(208.2)
Stored value cards and loyalty program at December 28, 2025 (3)
$2,073.3 
Quarter Ended December 29, 2024
Total
Stored value cards and loyalty program at September 29, 2024
$1,718.7 
Revenue deferred - card activations, card reloads and Stars earned4,414.4 
Revenue recognized - card and Stars redemptions and breakage(3,892.9)
Other (1)
(27.1)
Stored value cards and loyalty program at December 29, 2024 (3)
$2,213.1 
(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 December 28, 2025 and December 29, 2024, approximately $1.9 billion and $2.1 billion, respectively, of these amounts were current.
v3.25.4
Equity
3 Months Ended
Dec. 28, 2025
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
December 28, 2025
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 reclassifications0.5 (4.5)41.4 21.2 58.6 
Net (gains)/losses reclassified from AOCI to earnings0.2 (5.5)(20.0)— (25.3)
Other comprehensive income/(loss) attributable to Starbucks0.7 (10.0)21.4 21.2 33.3 
Other comprehensive income/(loss) attributable to NCI — — — 0.1 0.1 
Net gains/(losses) in AOCI, end of period$1.2 $30.9 $378.8 $(836.8)$(425.9)
December 29, 2024
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 reclassifications(1.6)51.5 155.1 (311.2)(106.2)
Net (gains)/losses reclassified from AOCI to earnings0.2 (27.8)(20.7)— (48.3)
Other comprehensive income/(loss) attributable to Starbucks(1.4)23.7 134.4 (311.2)(154.5)
Other comprehensive income/(loss) attributable to NCI— — — (0.3)(0.3)
Net gains/(losses) in AOCI, end of period$(3.7)$94.2 $382.1 $(1,056.2)$(583.6)
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
Dec 28, 2025Dec 29, 2024
Gains/(losses) on available-for-sale debt securities$(0.2)$(0.2)Interest income and other, net
Gains/(losses) on cash flow hedges7.3 39.4 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges26.7 27.7 Interest expense
33.8 66.9 Total before tax
(8.5)(18.6)
Tax (expense)/benefit
$25.3 $48.3 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 December 28, 2025.
During the quarters ended December 28, 2025 and December 29, 2024 we made no share repurchases. As of December 28, 2025, 29.8 million shares of common stock remained available for repurchase under current authorizations.
During the first quarter of fiscal 2026, our Board of Directors approved a quarterly cash dividend to shareholders of $0.62 per share to be paid on February 27, 2026 to shareholders of record as of the close of business on February 13, 2026.
v3.25.4
Employee Stock Plans
3 Months Ended
Dec. 28, 2025
Share-Based Payment Arrangement [Abstract]  
Employee Stock Plans Employee Stock Plans
As of December 28, 2025, there were 66.9 million shares of common stock available for issuance pursuant to future equity-based compensation awards and 8.9 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 Ended
 Dec 28, 2025Dec 29, 2024
Restricted Stock Units (“RSUs”)$126.1 $100.6 
Total stock-based compensation expense$126.1 $100.6 
RSU transactions from September 28, 2025 through December 28, 2025 (in millions):
Total
Nonvested, September 28, 2025
9.0 
Granted4.2 
Vested
(2.6)
Forfeited/expired(0.1)
Nonvested, December 28, 2025
10.5 
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of December 28, 2025
$452.4 
v3.25.4
Income Taxes
3 Months Ended
Dec. 28, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The effective tax rate for the quarter ended December 28, 2025 was 61.7% compared to 23.6% for the same period in fiscal 2025. The increase was primarily due to the $266 million discrete impact of changes in indefinite reinvestment assertions as a result of classifying our Starbucks retail operations in China as held for sale in the first quarter of fiscal 2026 (approximately 3,500 basis points) and lapping the discrete impact of a tax status change for a certain foreign entity in the first quarter of fiscal 2025 (300 basis points).
v3.25.4
Earnings Per Share
3 Months Ended
Dec. 28, 2025
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 Ended
Dec 28, 2025Dec 29, 2024
Net earnings attributable to Starbucks$293.3 $780.8 
Weighted average common shares outstanding (for basic calculation)1,138.0 1,134.7 
Dilutive effect of outstanding common stock options and RSUs3.9 3.7 
Weighted average common and common equivalent shares outstanding (for diluted calculation)1,141.9 1,138.4 
EPS — basic$0.26 $0.69 
EPS — diluted$0.26 $0.69 
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.
v3.25.4
Commitments and Contingencies
3 Months Ended
Dec. 28, 2025
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.
v3.25.4
Segment Reporting
3 Months Ended
Dec. 28, 2025
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 Ended
Dec 28, 2025Dec 29, 2024
Beverage (1)
$5,944.2 60 %$5,678.0 60 %
Food (2)
1,881.2 19 %1,790.4 19 %
Other (3)
2,089.7 21 %1,929.4 21 %
Total$9,915.1 100 %$9,397.8 100 %
(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, and serveware, among other items.

Information by geographic area (in millions):
Quarter EndedDec 28, 2025Dec 29, 2024
Net revenues (1):
United States$7,244.1 $6,981.2 
China
835.6 756.7 
Other countries1,835.4 1,659.9 
Total$9,915.1 $9,397.8 
Dec 28, 2025Sep 28, 2025
Long-lived assets:
United States$15,747.5 $15,952.7 
China (2)
173.9 4,276.8 
Other countries4,284.3 4,407.9 
Total$20,205.7 $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 71% and 73% of net revenues from other countries for the first quarter ended December 28, 2025 and December 29, 2024, 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
 December 28, 2025
Total net revenues$7,280.5 $2,064.9 $522.7 $47.0 $9,915.1 
Product and distribution costs2,135.5 748.1 352.6 37.4 3,273.6 
Store operating expenses
3,785.1 767.2 — — 4,552.3 
Other operating expenses59.8 56.8 13.8 0.8 131.2 
Depreciation and amortization expenses298.8 70.1 — 32.0 400.9 
General and administrative expenses94.3 96.0 1.2 447.3 638.8 
Restructuring and impairments40.0 43.6 0.3 4.2 88.1 
Total operating expenses
6,413.5 1,781.8 367.9 521.7 9,084.9 
Income from equity method investees— (0.4)61.0 — 60.6 
Operating income/(loss)$867.0 $282.7 $215.8 $(474.7)$890.8 
Interest income and other, net13.0 
Interest expense(139.0)
Earnings before income taxes$764.8 
Quarter Ended
North AmericaInternational
Channel
Development
Corporate and Other

Total
 December 29, 2024
Total net revenues$7,071.9 $1,871.3 $436.3 $18.3 $9,397.8 
Product and distribution costs1,967.5 647.0 259.8 19.4 2,893.7 
Store operating expenses3,458.4 744.6 — — 4,203.0 
Other operating expenses78.4 60.7 13.4 — 152.5 
Depreciation and amortization expenses289.0 89.1 — 29.5 407.6 
General and administrative expenses97.3 92.4 2.0 474.1 665.8 
Restructuring and impairments
— — — — — 
Total operating expenses
5,890.6 1,633.8 275.2 523.0 8,322.6 
Income from equity method investees— (0.4)46.9 — 46.5 
Operating income/(loss)$1,181.3 $237.1 $208.0 $(504.7)$1,121.7 
Interest income and other, net27.8 
Interest expense(127.2)
Earnings before income taxes$1,022.3 
v3.25.4
Restructuring and Related Activities
3 Months Ended
Dec. 28, 2025
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.

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 first quarter of fiscal 2026, 165 stores were closed and approximately $88.1 million 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.

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

Quarter Ended December 28, 2025
North AmericaInternational
Channel
Development
Corporate and Other

Total
Disposal and impairment of store assets$24.8 $— $— $— $24.8 
Employee severance, separation and other costs8.0 1.9 0.3 4.2 14.4 
Amortization of ROU lease assets and other lease exit costs
7.2 41.7 — — 48.9 
Total Restructuring and impairment costs
$40.0 $43.6$0.3$4.2$88.1

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
14.4 48.9 63.3 
Cash payments
(103.3)(43.6)(146.9)
Planned divestiture (2)
(6.0)(5.1)(11.1)
Other (3)
(5.4)— (5.4)
Ending balance at December 28, 2025
$58.6 $239.1 $297.7 
(1) The operating lease liability balance for total stores under the restructuring plan was $284.6 million as of December 28, 2025.
(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 December 28, 2025, 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.
The Company estimates that it will incur approximately $140 million during the remainder of fiscal 2026, primarily related to accelerated ROU lease asset amortization and other lease exit costs in our North America and International operating segments. We anticipate completion of the restructuring plan and remaining store closures within fiscal year 2026. The majority of the accrued liability balance as of December 28, 2025 relates to restructuring charges expected to be paid out by the end of fiscal year 2026.
v3.25.4
Insider Trading Arrangements - shares
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
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  
Brady Brewer [Member]    
Trading Arrangements, by Individual    
Name Brady Brewer,chief executive officer, Starbucks International  
Rule 10b5-1 Arrangement Adopted true true
Adoption Date December 3, 2025 December 11, 2024
Expiration Date December 31, 2026(4)(5) December 3, 2025
Aggregate Available 22,290  
Sara Kelly [Member]    
Trading Arrangements, by Individual    
Name Sara Kelly,executive vice president, chief partner officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 3, 2025  
Expiration Date October 30, 2026(4)(5)  
Aggregate Available 4,500  
v3.25.4
Summary of Significant Accounting Policies (Policies)
3 Months Ended
Dec. 28, 2025
Accounting Policies [Abstract]  
Summary Of Significant Accounting Policies (Policies) Summary of Significant Accounting Policies
Financial Statement Preparation
The unaudited consolidated financial statements as of December 28, 2025, and for the quarters ended December 28, 2025 and December 29, 2024, 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 ended December 28, 2025 and December 29, 2024 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 ended December 28, 2025 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.
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 that is classified as held for sale at the lower of its carrying value or fair value less any costs to sell and recognize any 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 will acquire up to a 60% interest in
Starbucks retail operations in China. Starbucks will retain a 40% interest in the joint venture and will continue 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.
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.
v3.25.4
Acquisitions and Divestitures Acquisitions and Divestitures (Tables)
3 Months Ended
Dec. 28, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Disposal Group
As of December 28, 2025, 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$347.2 
Accounts receivable, net60.3 
Inventories101.6 
Prepaid expenses and other current assets52.5 
Property, plant and equipment, net875.3 
Operating lease, right-of-use asset1,037.4 
Deferred income taxes, net113.1 
Other long-term assets56.1 
Goodwill2,073.1 
Assets held for sale$4,716.6 
Accounts payable$129.0 
Accrued liabilities148.4 
Accrued payroll and benefits110.7 
Current portion of operating lease liability227.5 
Stored value card liability and current portion of deferred revenue197.7 
Short-term debt
2.5 
Operating lease liability854.1 
Deferred revenue
17.4 
Other long-term liabilities67.3 
Liabilities held for sale$1,754.6 
v3.25.4
Derivative Financial Instruments (Tables)
3 Months Ended
Dec. 28, 2025
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)
Dec 28, 2025Sep 28, 2025
Cash Flow Hedges:
Coffee$11.0 $23.3 $11.0 5
Foreign currency - other20.4 19.0 13.4 34
Interest rates(0.5)(1.4)(3.5)0
Net Investment Hedges:
Cross-currency swaps227.6 206.2 — 99
Foreign currency16.0 16.0 — 0
Foreign currency debt135.2 135.2 — 0
Pretax Gains and Losses on Derivative Contracts Designated as Hedging Instruments Recognized in OCI and Reclassifications from AOCI to Earnings
Pre-tax gains and losses on derivative contracts and foreign currency-denominated long-term debt designated as hedging instruments recognized in other comprehensive income (“OCI”) and reclassifications from AOCI to earnings (in millions):
Quarter Ended
Gains/(Losses) Recognized in
OCI Before Reclassifications
Gains/(Losses) Reclassified from
AOCI to Earnings
Location of gain/(loss)
Dec 28, 2025Dec 29, 2024Dec 28, 2025Dec 29, 2024
Cash Flow Hedges:
Coffee$(14.2)$12.8 $0.2 $27.7 Product and distribution costs
Cross-currency swaps— 0.9 — 0.8 Interest income and other, net
Dairy— (1.1)— 1.4 Product and distribution costs
Foreign currency - other10.0 57.0 6.7 8.8 Licensed stores revenue
1.6 1.7 Product and distribution costs
Interest rates— — (1.2)(1.0)Interest expense
Net Investment Hedges:
Cross-currency swaps (1)
55.4 207.5 26.7 27.7 Interest expense
(1) Gains and losses recognized in earnings relate to components excluded from the assessment of effectiveness.
Pretax Gains and Losses on Derivative Contracts Not Designated as Hedging Instruments Recognized in Earnings
Pre-tax gains and losses on non-designated derivatives and designated fair value hedging instruments and the related fair value hedged item recognized in earnings (in millions):
Gains/(Losses) Recognized in Earnings
Location of gain/(loss) recognized in earnings Quarter Ended
 Dec 28, 2025Dec 29, 2024
Non-Designated Derivatives:
DairyInterest income and other, net$— $0.1 
Foreign currency - otherInterest income and other, net1.9 8.9 
Diesel fuel and other commoditiesInterest income and other, net— (0.1)
Fair Value Hedges:
Interest rate swaps
Interest expense(0.3)(13.1)
Long-term debt (hedged item)Interest expense(1.5)10.6 
Notional Amounts of Outstanding Derivative Contracts
Notional amounts of outstanding derivative contracts (in millions):
Dec 28, 2025Sep 28, 2025
Coffee$205 $387 
Cross-currency swaps4,197 4,197 
Diesel fuel and other commodities— 
Foreign currency - other 874 930 
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 LocationDec 28, 2025Sep 28, 2025
Designated Derivative Instruments(1):
Cross-currency swapsOther long-term assets349.5 271.9 
Foreign currency - otherPrepaid expenses and other current assets15.9 13.0 
Other long-term assets9.8 6.7 
Non-designated Derivative Instruments:
Diesel fuel and other commoditiesPrepaid expenses and other current assets— 0.1 
Foreign currencyPrepaid expenses and other current assets0.8 2.7 
Derivative Liabilities
Balance Sheet LocationDec 28, 2025Sep 28, 2025
Designated Derivative Instruments:
Cross-currency swapsAccrued liabilities$40.6 $5.8 
Other long-term liabilities17.5 3.5 
Foreign currency - otherAccrued liabilities1.2 0.2 
Other long-term liabilities1.0 0.2 
Interest rate swapsOther long-term liabilities17.3 17.0 
Non-designated Derivative Instruments:
Foreign currencyAccrued liabilities2.0 1.1 
Other long-term liabilities— 0.2 
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
Dec 28, 2025Sep 28, 2025Dec 28, 2025Sep 28, 2025
Location on the balance sheet
Long-term debt$335.6 $334.1 $(14.4)$(15.9)
v3.25.4
Fair Value Measurements (Tables)
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Fair Value Disclosures [Abstract]    
Assets And Liabilities Measured At Fair Value On A Recurring Basis
  Fair Value Measurements at Reporting Date Using
 Balance at
December 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$3,413.4 $3,413.4 $— $— 
Short-term investments:
Available-for-sale debt securities:
Corporate debt securities55.0 — 42.9 12.1 
Mortgage and other asset-backed securities0.3 — 0.3 — 
State and local government obligations1.1 — 1.1 — 
U.S. government treasury securities28.9 28.9 — — 
Total available-for-sale debt securities85.3 28.9 44.3 12.1 
Marketable equity securities99.6 99.6 — — 
Total short-term investments184.9 128.5 44.3 12.1 
Prepaid expenses and other current assets:
Derivative assets16.7 — 16.7 — 
Long-term investments:
Available-for-sale debt securities:
Corporate debt securities137.9 — 110.5 27.4 
Mortgage and other asset-backed securities74.2 — 74.2 — 
State and local government obligations2.7 — 2.7 — 
U.S. government treasury securities73.5 73.5 — — 
Total available-for-sale debt securities288.3 73.5 187.4 27.4 
Total long-term investments288.3 73.5 187.4 27.4 
Other long-term assets:
Derivative assets359.3 — 359.3 — 
Total assets$4,262.6 $3,615.4 $607.7 $39.5 
Liabilities:
Accrued liabilities:
Derivative liabilities43.8 — 43.8 — 
Other long-term liabilities:
Derivative liabilities35.9 — 35.9 — 
Total liabilities$79.7 $— $79.7 $— 
  Fair Value Measurements at Reporting Date Using
 Balance at September 28, 2025Quoted 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 assets$4,008.4 $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 $— 
v3.25.4
Inventories (Tables)
3 Months Ended
Dec. 28, 2025
Inventory Disclosure [Abstract]  
Inventories
Dec 28, 2025 (2)
Sep 28, 2025
Coffee:
Unroasted$990.6 $911.2 
Roasted350.5 342.0 
Other merchandise held for sale (1)
335.4 399.7 
Packaging and other supplies437.9 532.7 
Total$2,114.4 $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.
v3.25.4
Supplemental Balance Sheet and Statement of Earnings Information (Tables)
3 Months Ended
Dec. 28, 2025
Balance Sheet Related Disclosures [Abstract]  
Property, Plant And Equipment, net
Property, Plant and Equipment, net
Dec 28, 2025 (1)
Sep 28, 2025
Land$55.0 $54.9 
Buildings670.4 673.7 
Leasehold improvements10,399.2 11,762.4 
Store equipment3,411.4 3,963.6 
Roasting equipment970.8 982.2 
Capitalized software1,027.8 1,177.7 
Furniture, fixtures and other736.6 893.9 
Work in progress309.1 334.3 
Property, plant and equipment, gross17,580.3 19,842.7 
Accumulated depreciation(10,180.8)(11,349.2)
Property, plant and equipment, net$7,399.5 $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
Dec 28, 2025 (1)
Sep 28, 2025
Accrued occupancy costs$59.6 $89.5 
Accrued dividends payable706.2 704.8 
Accrued capital and other operating expenditures861.6 897.0 
Insurance reserves
335.5 282.3 
Income taxes payable127.5 150.3 
Accrued business taxes243.9 235.8 
Total accrued liabilities$2,334.3 $2,359.7 
Income Statement Related Disclosures [Abstract]  
Store Operating Expenses
Store Operating Expenses
Quarter Ended
Dec 28, 2025Dec 29, 2024
Wages and benefits$2,658.7 $2,389.1 
Occupancy costs804.8 802.1 
Other expenses1,088.8 1,011.8 
Total store operating expenses$4,552.3 $4,203.0 
v3.25.4
Other Intangible Assets and Goodwill (Tables)
3 Months Ended
Dec. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Indefinite-Lived Intangible Assets
(in millions)Dec 28, 2025Sep 28, 2025
Trade names, trademarks and patents$79.5 $79.5 
Finite-Lived Intangible Assets
Dec 28, 2025Sep 28, 2025
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired and reacquired rights (1)
$319.0 $(239.8)$79.2 $1,053.9 $(974.9)$79.0 
Acquired trade secrets and processes27.6 (27.6)— 27.6 (27.6)— 
Trade names, trademarks and patents132.0 (123.5)8.5 131.2 (122.9)8.3 
Licensing agreements12.5 (12.5)— 13.0 (13.0)— 
Other finite-lived intangible assets2.3 (2.3)— 20.5 (20.5)— 
Total finite-lived intangible assets$493.4 $(405.7)$87.7 $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 December 28, 2025 (in millions):
Fiscal YearTotal
2026 (excluding the quarter ended December 28, 2025)
$4.7 
20276.0 
20285.4 
20295.0 
20304.8 
Thereafter61.8 
Total estimated future amortization expense$87.7 
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 
Planned divestiture (1)
— (2,073.1)— — (2,073.1)
Other (2)
0.5 14.8 — — 15.3 
Goodwill balance at December 28, 2025
$491.1 $784.3 $34.7 $1.0 $1,311.1 
(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.
v3.25.4
Debt (Tables)
3 Months Ended
Dec. 28, 2025
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):
Dec 28, 2025Sep 28, 2025Stated Interest Rate
Effective Interest Rate(1)
IssuanceAmountEstimated Fair ValueAmountEstimated Fair Value
February 2026 notes$1,000.0 $1,000.7 $1,000.0 $1,001.7 4.750 %4.788 %
June 2026 notes500.0 496.4 500.0 494.0 2.450 %2.511 %
February 2027 notes1,000.0 1,009.1 1,000.0 1,009.8 4.850 %4.958 %
March 2027 notes500.0 488.4 500.0 484.7 2.000 %2.058 %
March 2028 notes600.0 593.8 600.0 591.9 3.500 %3.529 %
May 2028 notes750.0 757.7 750.0 757.1 4.500 %4.719 %
November 2028 notes750.0 749.9 750.0 747.9 4.000 %3.958 %
August 2029 notes(2)
1,000.0 983.0 1,000.0 978.5 3.550 %3.840 %
March 2030 notes750.0 691.8 750.0 687.8 2.250 %3.084 %
May 2030 notes500.0 510.8 500.0 510.2 4.800 %4.932 %
November 2030 notes1,250.0 1,155.0 1,250.0 1,145.9 2.550 %2.582 %
February 2031 notes500.0 515.6 500.0 514.2 4.900 %5.046 %
February 2032 notes1,000.0 924.1 1,000.0 918.1 3.000 %3.155 %
February 2033 notes500.0 508.3 500.0 505.7 4.800 %3.798 %
February 2034 notes500.0 511.9 500.0 509.9 5.000 %5.127 %
May 2035 notes500.0 521.1 500.0 516.6 5.400 %5.510 %
June 2045 notes350.0 292.6 350.0 292.1 4.300 %4.348 %
December 2047 notes500.0 376.9 500.0 378.0 3.750 %3.765 %
November 2048 notes1,000.0 838.1 1,000.0 849.6 4.500 %4.504 %
August 2049 notes1,000.0 831.1 1,000.0 839.5 4.450 %4.447 %
March 2050 notes500.0 343.3 500.0 346.0 3.350 %3.362 %
November 2050 notes1,250.0 884.0 1,250.0 889.0 3.500 %3.528 %
Total16,200.0 14,983.6 16,200.0 14,968.2 
Aggregate debt issuance costs and unamortized premium/(discount), net(105.2)(109.3)
Hedge accounting fair value adjustment (2)
(14.4)(15.9)
Total$16,080.4 $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 December 28, 2025 by fiscal year (in millions):
Fiscal Year Total
2026 (excluding the quarter ended December 28, 2025)
$1,500.0 
20271,500.0 
20281,350.0 
20291,750.0 
20301,250.0 
Thereafter8,850.0 
Total$16,200.0 
v3.25.4
Leases (Tables)
3 Months Ended
Dec. 28, 2025
Leases [Abstract]  
Lease, Cost
The components of lease costs (in millions):
Quarter Ended
Dec 28, 2025Dec 29, 2024
Operating lease costs (1)
$491.6 $458.8 
Variable lease costs313.2 293.4 
Short-term lease costs4.8 5.5 
Total lease costs$809.6 $757.7 
(1)Includes immaterial amounts of sublease income and rent concessions.
Supplemental Lease Disclosure
The following table includes supplemental information (in millions):
Quarter Ended
Dec 28, 2025Dec 29, 2024
Cash paid related to operating lease liabilities$523.6 $468.4 
Operating lease liabilities arising from obtaining ROU assets (1)
312.6 628.7 
Dec 28, 2025Dec 29, 2024
Weighted-average remaining operating lease term (1)
8.7 years8.6 years
Weighted-average operating lease discount rate (1)
3.8 %3.5 %
(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 quarter ended December 28, 2025)
$1,251.9 
20271,561.1 
20281,400.9 
20291,250.5 
20301,115.9 
Thereafter4,509.1 
Total lease payments11,089.4 
Less imputed interest(1,698.9)
Total$9,390.5 
(1)Balances exclude Starbucks retail operations in China that were classified as held for sale.
v3.25.4
Deferred Revenue (Tables)
3 Months Ended
Dec. 28, 2025
Revenue from Contract with Customer [Abstract]  
Changes in Deferred Revenue Balance Related to Stored Value Cards and Loyalty Program
Changes in our deferred revenue balance related to our stored value cards and loyalty program (in millions):
Quarter Ended December 28, 2025
Total
Stored value cards and loyalty program at September 28, 2025
$1,751.7 
Revenue deferred - card activations, card reloads and Stars earned4,354.7 
Revenue recognized - card and Stars redemptions and breakage(3,823.6)
Other (1)
(1.3)
Planned divestiture (2)
(208.2)
Stored value cards and loyalty program at December 28, 2025 (3)
$2,073.3 
Quarter Ended December 29, 2024
Total
Stored value cards and loyalty program at September 29, 2024
$1,718.7 
Revenue deferred - card activations, card reloads and Stars earned4,414.4 
Revenue recognized - card and Stars redemptions and breakage(3,892.9)
Other (1)
(27.1)
Stored value cards and loyalty program at December 29, 2024 (3)
$2,213.1 
(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 December 28, 2025 and December 29, 2024, approximately $1.9 billion and $2.1 billion, respectively, of these amounts were current.
[1],[2]
[1] As of December 28, 2025 and December 29, 2024, approximately $1.9 billion and $2.1 billion, respectively, of these amounts were current.
[2] “Other” primarily consists of changes in the stored value cards and loyalty program balances resulting from foreign currency translation.
v3.25.4
Equity (Tables)
3 Months Ended
Dec. 28, 2025
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
December 28, 2025
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 reclassifications0.5 (4.5)41.4 21.2 58.6 
Net (gains)/losses reclassified from AOCI to earnings0.2 (5.5)(20.0)— (25.3)
Other comprehensive income/(loss) attributable to Starbucks0.7 (10.0)21.4 21.2 33.3 
Other comprehensive income/(loss) attributable to NCI — — — 0.1 0.1 
Net gains/(losses) in AOCI, end of period$1.2 $30.9 $378.8 $(836.8)$(425.9)
December 29, 2024
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 reclassifications(1.6)51.5 155.1 (311.2)(106.2)
Net (gains)/losses reclassified from AOCI to earnings0.2 (27.8)(20.7)— (48.3)
Other comprehensive income/(loss) attributable to Starbucks(1.4)23.7 134.4 (311.2)(154.5)
Other comprehensive income/(loss) attributable to NCI— — — (0.3)(0.3)
Net gains/(losses) in AOCI, end of period$(3.7)$94.2 $382.1 $(1,056.2)$(583.6)
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
Dec 28, 2025Dec 29, 2024
Gains/(losses) on available-for-sale debt securities$(0.2)$(0.2)Interest income and other, net
Gains/(losses) on cash flow hedges7.3 39.4 
Please refer to Note 3, Derivative Financial Instruments for additional information.
Gains/(losses) on net investment hedges26.7 27.7 Interest expense
33.8 66.9 Total before tax
(8.5)(18.6)
Tax (expense)/benefit
$25.3 $48.3 Net of tax
v3.25.4
Employee Stock Plans (Tables)
3 Months Ended
Dec. 28, 2025
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 Ended
 Dec 28, 2025Dec 29, 2024
Restricted Stock Units (“RSUs”)$126.1 $100.6 
Total stock-based compensation expense$126.1 $100.6 
Stock Option and RSU Transactions
RSU transactions from September 28, 2025 through December 28, 2025 (in millions):
Total
Nonvested, September 28, 2025
9.0 
Granted4.2 
Vested
(2.6)
Forfeited/expired(0.1)
Nonvested, December 28, 2025
10.5 
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of December 28, 2025
$452.4 
v3.25.4
Earnings Per Share (Tables)
3 Months Ended
Dec. 28, 2025
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 Ended
Dec 28, 2025Dec 29, 2024
Net earnings attributable to Starbucks$293.3 $780.8 
Weighted average common shares outstanding (for basic calculation)1,138.0 1,134.7 
Dilutive effect of outstanding common stock options and RSUs3.9 3.7 
Weighted average common and common equivalent shares outstanding (for diluted calculation)1,141.9 1,138.4 
EPS — basic$0.26 $0.69 
EPS — diluted$0.26 $0.69 
v3.25.4
Segment Reporting (Tables)
3 Months Ended
Dec. 28, 2025
Segment Reporting [Abstract]  
Consolidated Revenue Mix by Product Type
Consolidated revenue mix by product type (in millions):
Quarter Ended
Dec 28, 2025Dec 29, 2024
Beverage (1)
$5,944.2 60 %$5,678.0 60 %
Food (2)
1,881.2 19 %1,790.4 19 %
Other (3)
2,089.7 21 %1,929.4 21 %
Total$9,915.1 100 %$9,397.8 100 %
(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, and serveware, among other items.
Information by Geographic Area
Information by geographic area (in millions):
Quarter EndedDec 28, 2025Dec 29, 2024
Net revenues (1):
United States$7,244.1 $6,981.2 
China
835.6 756.7 
Other countries1,835.4 1,659.9 
Total$9,915.1 $9,397.8 
Dec 28, 2025Sep 28, 2025
Long-lived assets:
United States$15,747.5 $15,952.7 
China (2)
173.9 4,276.8 
Other countries4,284.3 4,407.9 
Total$20,205.7 $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 All Other Segments
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
 December 28, 2025
Total net revenues$7,280.5 $2,064.9 $522.7 $47.0 $9,915.1 
Product and distribution costs2,135.5 748.1 352.6 37.4 3,273.6 
Store operating expenses
3,785.1 767.2 — — 4,552.3 
Other operating expenses59.8 56.8 13.8 0.8 131.2 
Depreciation and amortization expenses298.8 70.1 — 32.0 400.9 
General and administrative expenses94.3 96.0 1.2 447.3 638.8 
Restructuring and impairments40.0 43.6 0.3 4.2 88.1 
Total operating expenses
6,413.5 1,781.8 367.9 521.7 9,084.9 
Income from equity method investees— (0.4)61.0 — 60.6 
Operating income/(loss)$867.0 $282.7 $215.8 $(474.7)$890.8 
Interest income and other, net13.0 
Interest expense(139.0)
Earnings before income taxes$764.8 
Quarter Ended
North AmericaInternational
Channel
Development
Corporate and Other

Total
 December 29, 2024
Total net revenues$7,071.9 $1,871.3 $436.3 $18.3 $9,397.8 
Product and distribution costs1,967.5 647.0 259.8 19.4 2,893.7 
Store operating expenses3,458.4 744.6 — — 4,203.0 
Other operating expenses78.4 60.7 13.4 — 152.5 
Depreciation and amortization expenses289.0 89.1 — 29.5 407.6 
General and administrative expenses97.3 92.4 2.0 474.1 665.8 
Restructuring and impairments
— — — — — 
Total operating expenses
5,890.6 1,633.8 275.2 523.0 8,322.6 
Income from equity method investees— (0.4)46.9 — 46.5 
Operating income/(loss)$1,181.3 $237.1 $208.0 $(504.7)$1,121.7 
Interest income and other, net27.8 
Interest expense(127.2)
Earnings before income taxes$1,022.3 
v3.25.4
Restructuring and Related Activities (Tables)
3 Months Ended
Dec. 28, 2025
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The table below presents the restructuring and impairment charges by reportable operating segment and Corporate and Other (in millions):

Quarter Ended December 28, 2025
North AmericaInternational
Channel
Development
Corporate and Other

Total
Disposal and impairment of store assets$24.8 $— $— $— $24.8 
Employee severance, separation and other costs8.0 1.9 0.3 4.2 14.4 
Amortization of ROU lease assets and other lease exit costs
7.2 41.7 — — 48.9 
Total Restructuring and impairment costs
$40.0 $43.6$0.3$4.2$88.1
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
14.4 48.9 63.3 
Cash payments
(103.3)(43.6)(146.9)
Planned divestiture (2)
(6.0)(5.1)(11.1)
Other (3)
(5.4)— (5.4)
Ending balance at December 28, 2025
$58.6 $239.1 $297.7 
(1) The operating lease liability balance for total stores under the restructuring plan was $284.6 million as of December 28, 2025.
(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.
v3.25.4
Acquisitions and Divestitures (Narrative) (Details)
$ in Millions
3 Months Ended
Dec. 28, 2025
USD ($)
store
Dec. 29, 2024
USD ($)
Business Combination [Line Items]    
Assets held for sale $ 4,716.6 $ 0.0
Liabilities held for sale 1,754.6 0.0
Enterprise Value of Divested Entity $ 4,000.0  
Number of Stores, 23.5 Degrees | store 113  
Number of Stores, China Divestiture | store 8,011  
Disposal Group, Held-for-Sale, Not Discontinued Operations    
Business Combination [Line Items]    
Assets held for sale $ 4,716.6 0.0
Disposal Group, Cash and Cash Equivalents 347.2  
Disposal Group, Notes and Loans Receivable, Net 60.3  
Disposal Group, Inventory 101.6  
Disposal Group, Prepaid and Other Assets, Current 52.5  
Disposal Group, Property, Plant and Equipment 875.3  
Disposal Group, Operating lease, right-of-use asset 1,037.4  
Disposal Group, Deferred Tax Assets 113.1  
Disposal Group, Other Assets, Noncurrent 56.1  
Disposal Group, Goodwill 2,073.1  
Liabilities held for sale 1,754.6 $ 0.0
Disposal Group, Accounts Payable 129.0  
Disposal Group, Accrued Liabilities 148.4  
Disposal Group, Employee Benefits 110.7  
Disposal Group, Operating lease liability 227.5  
Disposal Group, Deferred Revenue, Current 197.7  
Disposal Group, Long-term debt, Current Maturities 2.5  
Disposal Group, Operating lease liability, Noncurrent 854.1  
Disposal Group, Deferred Revenue, Noncurrent 17.4  
Disposal Group, Other Liabilities, Noncurrent $ 67.3  
Boyu Capital, JV Partner    
Business Combination [Line Items]    
Equity Method Investment, Ownership Percentage 60.00%  
Starbucks JV Ownership    
Business Combination [Line Items]    
Equity Method Investment, Ownership Percentage 40.00%  
v3.25.4
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
Dec. 28, 2025
Sep. 28, 2025
Dec. 29, 2024
Cash Flow Hedging [Member]      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Unrealized gains/(losses) on cash flow hedging instruments, before tax $ (4.2)   $ 69.6
Cash Flow Hedging [Member] | Coffee Contracts [Member]      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ 11.0    
Outstanding Contract Remaining Maturity (Months) 5 months    
Unrealized gains/(losses) on cash flow hedging instruments, before tax $ 11.0 $ 23.3  
Cash Flow Hedging [Member] | Foreign Currency Contract - Other [Member]      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ 13.4    
Outstanding Contract Remaining Maturity (Months) 34 months    
Unrealized gains/(losses) on cash flow hedging instruments, before tax $ 20.4 19.0  
Cash Flow Hedging [Member] | Interest Rate Contract [Member]      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Net Gains/(Losses) Expected to be Reclassified from AOCI into Earnings within 12 Months $ (3.5)    
Outstanding Contract Remaining Maturity (Months) 0 months    
Unrealized gains/(losses) on cash flow hedging instruments, before tax $ (0.5) (1.4)  
Net Investment Hedging [Member] | Cross-Currency Swap [Member]      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Net Gains/(Losses) Included in AOCI 227.6 206.2  
Net Investment Hedge Gain (Loss) to be Reclassified within Twelve Months $ 0.0    
Outstanding Contract Remaining Maturity (Months) 99 months    
Net Investment Hedging [Member] | Foreign Currency Contract - Other [Member]      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Net Gains/(Losses) Included in AOCI $ 16.0 16.0  
Net Investment Hedge Gain (Loss) to be Reclassified within Twelve Months $ 0.0    
Outstanding Contract Remaining Maturity (Months) 0 months    
Net Investment Hedging [Member] | ForeignExchangeYenDebt [Member]      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Net Gains/(Losses) Included in AOCI $ 135.2 $ 135.2  
Net Investment Hedge Gain (Loss) to be Reclassified within Twelve Months $ 0.0    
Outstanding Contract Remaining Maturity (Months) 0 months    
v3.25.4
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
Dec. 28, 2025
Sep. 28, 2025
Dec. 29, 2024
Cash Flow Hedging [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized gains/(losses) on cash flow hedging instruments, before tax $ (4.2)   $ 69.6
Cash Flow Hedging [Member] | Coffee Contracts [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized gains/(losses) on cash flow hedging instruments, before tax 11.0 $ 23.3  
Cash Flow Hedging [Member] | Foreign Currency Contract - Other [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized gains/(losses) on cash flow hedging instruments, before tax 20.4 19.0  
Cash Flow Hedging [Member] | Interest Rate Contract [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized gains/(losses) on cash flow hedging instruments, before tax (0.5) (1.4)  
Net Investment Hedging [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized gains/(losses) on net investment hedging instruments, before tax 55.4   207.5
Net Investment Hedging [Member] | Cross-Currency Swap [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivatives used in Net Investment Hedge, Net of Tax 227.6 206.2  
Net Investment Hedging [Member] | Foreign Currency Contract - Other [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivatives used in Net Investment Hedge, Net of Tax 16.0 16.0  
Net Investment Hedging [Member] | ForeignExchangeYenDebt [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivatives used in Net Investment Hedge, Net of Tax 135.2 $ 135.2  
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Coffee Contracts [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized gains/(losses) on cash flow hedging instruments, before tax (14.2)   12.8
Gains/(Losses) Reclassified from AOCI to Earnings 0.2   27.7
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Cross-Currency Swap [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized gains/(losses) on cash flow hedging instruments, before tax 0.0   0.9
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Dairy Contracts [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized gains/(losses) on cash flow hedging instruments, before tax 0.0   (1.1)
Gains/(Losses) Reclassified from AOCI to Earnings 0.0   1.4
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Foreign Currency Contract - Other [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized gains/(losses) on cash flow hedging instruments, before tax 10.0   57.0
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Interest Rate Contract [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized gains/(losses) on cash flow hedging instruments, before tax 0.0   0.0
Gains/(Losses) Reclassified from AOCI to Earnings (1.2)   (1.0)
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Cross-Currency Swap [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Gains/(Losses) Reclassified from AOCI to Earnings 26.7   27.7
Unrealized gains/(losses) on net investment hedging instruments, before tax 55.4   207.5
Product and distribution costs | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Foreign Currency Contract - Other [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Gains/(Losses) Reclassified from AOCI to Earnings 1.6   1.7
Interest and Other Income [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Cross-Currency Swap [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Gains/(Losses) Reclassified from AOCI to Earnings 0.0   0.8
Franchised Units Revenue [Member] | Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Foreign Currency Contract - Other [Member]      
Derivative Instruments, Gain (Loss) [Line Items]      
Gains/(Losses) Reclassified from AOCI to Earnings $ 6.7   $ 8.8
v3.25.4
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
Dec. 28, 2025
Dec. 29, 2024
Interest Rate Swap [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative, Gain (Loss) on Derivative, Net $ (0.3) $ (13.1)
Long-term Debt [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative, Gain (Loss) on Derivative, Net (1.5) 10.6
Interest and Other Income [Member] | Dairy Contracts [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(Losses) Recognized in Earnings 0.0 0.1
Interest and Other Income [Member] | Diesel and Other Contracts [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(Losses) Recognized in Earnings 0.0 (0.1)
Interest and Other Income [Member] | Foreign Currency Contract - Other [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(Losses) Recognized in Earnings $ 1.9 $ 8.9
v3.25.4
Derivative and Financial Instruments (Notional Amounts of Outstanding Derivative Contracts) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Coffee Contracts [Member]    
Derivative [Line Items]    
Derivative, Notional Amount $ 205 $ 387
Cross-Currency Swap [Member]    
Derivative [Line Items]    
Derivative, Notional Amount 4,197 4,197
Diesel and Other Contracts [Member]    
Derivative [Line Items]    
Derivative, Notional Amount 0 2
Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative, Notional Amount 874 930
Interest Rate Contract [Member]    
Derivative [Line Items]    
Derivative, Notional Amount $ 350 $ 350
v3.25.4
Derivative Financial Instruments Derivative Financial Instruments (Fair Value of Outstanding Derivative Contracts) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Prepaid Expenses and Other Current Assets [Member] | Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Assets $ 15.9 $ 13.0
Prepaid Expenses and Other Current Assets [Member] | Not Designated as Hedging Instrument [Member] | Diesel and Other Contracts [Member]    
Derivative [Line Items]    
Derivative Assets 0.0 0.1
Prepaid Expenses and Other Current Assets [Member] | Not Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Assets 0.8 2.7
Other Long-Term Assets [Member] | Designated as Hedging Instrument [Member] | Cross-Currency Swap [Member]    
Derivative [Line Items]    
Derivative Assets 349.5 271.9
Other Long-Term Assets [Member] | Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Assets 9.8 6.7
Other Current Liabilities [Member] | Designated as Hedging Instrument [Member] | Cross-Currency Swap [Member]    
Derivative [Line Items]    
Derivative Liabilities 40.6 5.8
Other Current Liabilities [Member] | Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Liabilities 1.2 0.2
Other Current Liabilities [Member] | Not Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Liabilities 2.0 1.1
Other Long-Term Liabilities [Member] | Designated as Hedging Instrument [Member] | Cross-Currency Swap [Member]    
Derivative [Line Items]    
Derivative Liabilities 17.5 3.5
Other Long-Term Liabilities [Member] | Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Liabilities 1.0 0.2
Other Long-Term Liabilities [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]    
Derivative [Line Items]    
Derivative Liabilities 17.3 17.0
Other Long-Term Liabilities [Member] | Not Designated as Hedging Instrument [Member] | Foreign Currency Contract - Other [Member]    
Derivative [Line Items]    
Derivative Liabilities $ 0.0 $ 0.2
v3.25.4
Derivative Financial Instruments Interest Rate Swaps (Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position) (Details) - Interest Rate Swap [Member] - Designated as Hedging Instrument [Member] - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability $ 335.6 $ 334.1
Long-term Debt [Member]    
Derivatives, Fair Value [Line Items]    
Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease) $ (14.4) $ (15.9)
v3.25.4
Fair Value Measurements (Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Assets:    
Total short-term investments $ 184.9 $ 247.2
Derivative assets, Current 16.7 15.9
Derivative assets, Noncurrent 359.3 278.6
Total Assets 4,262.6 4,008.4
Liabilities:    
Derivative liabilities, Current 43.8 7.1
Derivative liabilities, Noncurrent 35.9 20.9
Total liabilities 79.7 28.0
Cash and cash equivalents    
Assets:    
Cash and cash equivalents 3,413.4 3,219.8
Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 85.3 151.9
Marketable equity securities 99.6 95.3
Total short-term investments 184.9 247.2
Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 288.3 246.9
Other Long-Term Investments 288.3 246.9
Corporate debt securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 55.0 67.8
Corporate debt securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 137.9 132.2
Mortgage and other asset-backed securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 0.3 0.4
Mortgage and other asset-backed securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 74.2 75.7
State and local government obligations | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 1.1 1.1
State and local government obligations | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 2.7 2.7
U.S. government treasury securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 28.9 82.6
U.S. government treasury securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 73.5 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 3,615.4 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 3,413.4 3,219.8
Fair Value, Inputs, Level 1 [Member] | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 28.9 82.6
Marketable equity securities 99.6 95.3
Total short-term investments 128.5 177.9
Fair Value, Inputs, Level 1 [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 73.5 36.3
Other Long-Term Investments 73.5 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 0.0
Fair Value, Inputs, Level 1 [Member] | U.S. government treasury securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 28.9 82.6
Fair Value, Inputs, Level 1 [Member] | U.S. government treasury securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 73.5 36.3
Fair Value, Inputs, Level 2 [Member]    
Assets:    
Derivative assets, Current 16.7 15.9
Derivative assets, Noncurrent 359.3 278.6
Total Assets 607.7 535.8
Liabilities:    
Derivative liabilities, Current 43.8 7.1
Derivative liabilities, Noncurrent 35.9 20.9
Total liabilities 79.7 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: 44.3 57.4
Marketable equity securities 0.0 0.0
Total short-term investments 44.3 57.4
Fair Value, Inputs, Level 2 [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 187.4 183.9
Other Long-Term Investments 187.4 183.9
Fair Value, Inputs, Level 2 [Member] | Corporate debt securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 42.9 55.9
Fair Value, Inputs, Level 2 [Member] | Corporate debt securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 110.5 105.5
Fair Value, Inputs, Level 2 [Member] | Mortgage and other asset-backed securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 0.3 0.4
Fair Value, Inputs, Level 2 [Member] | Mortgage and other asset-backed securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 74.2 75.7
Fair Value, Inputs, Level 2 [Member] | State and local government obligations | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 1.1 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 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 39.5 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: 12.1 11.9
Marketable equity securities 0.0 0.0
Total short-term investments 12.1 11.9
Fair Value, Inputs, Level 3 [Member] | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 27.4 26.7
Other Long-Term Investments 27.4 26.7
Fair Value, Inputs, Level 3 [Member] | Corporate debt securities | Short-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 12.1 11.9
Fair Value, Inputs, Level 3 [Member] | Corporate debt securities | Long-term Investments [Member]    
Assets:    
Available-for-sale debt securities: 27.4 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 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
v3.25.4
Inventories (Narrative) (Details)
$ in Millions
3 Months Ended
Dec. 28, 2025
USD ($)
Fixed-price Contract [Member]  
Inventory [Line Items]  
Amount of coffee committed to be purchased $ 382.0
Price-to-be-fixed Contract [Member]  
Inventory [Line Items]  
Amount of coffee committed to be purchased $ 879.0
v3.25.4
Inventories (Components of Inventory) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Inventory Disclosure [Abstract]    
Unroasted $ 990.6 $ 911.2
Roasted 350.5 342.0
Other merchandise held for sale [1] 335.4 399.7
Packaging and other supplies 437.9 532.7
Total $ 2,114.4 $ 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.
v3.25.4
Supplemental Balance Sheet Information (Property, Plant And Equipment, net) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 17,580.3 $ 19,842.7
Accumulated depreciation (10,180.8) (11,349.2)
Property, plant and equipment, net 7,399.5 8,493.5
Land [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 55.0 54.9
Buildings [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 670.4 673.7
Leasehold Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 10,399.2 11,762.4
Store Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 3,411.4 3,963.6
Roasting Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 970.8 982.2
Software and Software Development Costs    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 1,027.8 1,177.7
Furniture, Fixtures and Other [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 736.6 893.9
Work in Progress [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 309.1 $ 334.3
v3.25.4
Supplemental Balance Sheet Information (Accrued Liabilities) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Accrued Liabilities [Line Items]    
Accrued occupancy costs $ 59.6 $ 89.5
Dividends Payable, Current 706.2 704.8
Other Accrued Liabilities, Current 861.6 897.0
Insurance Reserve, Current 335.5 282.3
Income taxes payable 127.5 150.3
Accrual for Taxes Other than Income Taxes, Current 243.9 235.8
Accrued liabilities $ 2,334.3 $ 2,359.7
v3.25.4
Supplemental Income Statement Information (Store Operating Expenses) (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Store Operating Expenses [Line Items]    
Wages and benefits $ 2,658.7 $ 2,389.1
Occupancy costs 804.8 802.1
Other store operating expenses 1,088.8 1,011.8
Store operating expenses $ 4,552.3 $ 4,203.0
v3.25.4
Intangible Assets, Goodwill and Other (Narrative) (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Finite-Lived Intangible Assets [Line Items]    
Amortization of Intangible Assets $ 1.5 $ 5.6
v3.25.4
Other Intangible Assets and Goodwill (Indefinite-Lived Intangible Assets) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Trade names, trademarks and patents    
Indefinite-lived Intangible Assets [Line Items]    
Indefinite-lived Intangible Assets $ 79.5 $ 79.5
v3.25.4
Other Intangible Assets and Goodwill (Finite-Lived Intangible Assets) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount $ 493.4 $ 1,246.2
Accumulated amortization (405.7) (1,158.9)
Total estimated future amortization expense 87.7 87.3
Acquired and reacquired rights (1)    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 319.0 1,053.9
Accumulated amortization (239.8) (974.9)
Total estimated future amortization expense 79.2 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 132.0 131.2
Accumulated amortization (123.5) (122.9)
Total estimated future amortization expense 8.5 8.3
Licensing agreements    
Finite-Lived Intangible Assets [Line Items]    
Gross carrying amount 12.5 13.0
Accumulated amortization (12.5) (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 2.3 20.5
Accumulated amortization (2.3) (20.5)
Total estimated future amortization expense $ 0.0 $ 0.0
v3.25.4
Other Intangible Assets and Goodwill (Estimated Future Amortization Expense) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]    
2026 (excluding the quarter ended December 28, 2025) $ 4.7  
2027 6.0  
2028 5.4  
2029 5.0  
2030 4.8  
Thereafter 61.8  
Total estimated future amortization expense $ 87.7 $ 87.3
v3.25.4
Intangible Assets, Goodwill and Other (Changes in Carrying Amount of Goodwill by Reportable Operating Segment) (Details)
$ in Millions
3 Months Ended
Dec. 28, 2025
USD ($)
Goodwill [Line Items]  
Goodwill, beginning balance $ 3,368.9
Other 15.3 [1]
Goodwill, ending balance 1,311.1
Disposal Group, Held-for-Sale, Not Discontinued Operations  
Goodwill [Line Items]  
Disposal Group, Goodwill (2,073.1)
North America [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 490.6
Other 0.5 [1]
Goodwill, ending balance 491.1
North America [Member] | Disposal Group, Held-for-Sale, Not Discontinued Operations  
Goodwill [Line Items]  
Disposal Group, Goodwill 0.0
International [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 2,842.6
Other 14.8 [1]
Goodwill, ending balance 784.3
International [Member] | Disposal Group, Held-for-Sale, Not Discontinued Operations  
Goodwill [Line Items]  
Disposal Group, Goodwill (2,073.1)
Channel Development [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 34.7
Other 0.0 [1]
Goodwill, ending balance 34.7
Channel Development [Member] | Disposal Group, Held-for-Sale, Not Discontinued Operations  
Goodwill [Line Items]  
Disposal Group, Goodwill 0.0
Corporate and Other [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 1.0
Other 0.0 [1]
Goodwill, ending balance 1.0
Corporate and Other [Member] | Disposal Group, Held-for-Sale, Not Discontinued Operations  
Goodwill [Line Items]  
Disposal Group, Goodwill $ 0.0
[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.
v3.25.4
Debt (Narrative) (Details)
¥ in Millions, $ in Millions
3 Months Ended
Jun. 13, 2030
Mar. 27, 2026
Dec. 30, 2025
Dec. 28, 2025
USD ($)
Dec. 28, 2025
JPY (¥)
Sep. 28, 2025
USD ($)
twothousandtwentyfivecreditfacility | Line of Credit [Member]            
Debt Instrument [Line Items]            
Line of Credit Facility, Maximum Borrowing Capacity       $ 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%  
Line of Credit Facility, Expiration Date Jun. 13, 2030          
Maximum Increase In Commitment Amount Allowable Under Credit Facility       $ 1,000.0    
Amount Of Credit Facility Available For Issuances Of Letters Of credit       $ 150.0    
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    
Short-term debt       0.0    
Total available contractual borrowing capacity for general corporate purposes       $ 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
Line of Credit [Member] | 5 billion Yen Credit Facility [Member]            
Debt Instrument [Line Items]            
Line of Credit Facility, Maximum Borrowing Capacity       $ 32.1 ¥ 5,000.0  
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       $ 64.2 ¥ 10,000.0  
Line of Credit Facility, Expiration Date   Mar. 27, 2026        
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
v3.25.4
(Components of Long-Term Debt Including Associated Interest Rates and Related Fair Values) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Debt Instrument [Line Items]    
Long-term Debt, Gross $ 16,200.0 $ 16,200.0
Long-term Debt, Fair Value 14,983.6 14,968.2
Debt Instrument, Unamortized (Discount) Premium and Debt Issuance Costs, Net (105.2) (109.3)
Hedging Liabilities, Noncurrent (14.4) (15.9)
Long-term Debt 16,080.4 16,074.8
2023 3-Year Four Point Seven 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 4.75%  
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 $ 1,000.7 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 $ 496.4 494.0
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 $ 1,009.1 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 $ 488.4 484.7
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 $ 593.8 591.9
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 $ 757.7 757.1
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 $ 749.9 747.9
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 983.0 978.5
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 $ 691.8 687.8
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 $ 510.8 510.2
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 $ 1,155.0 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 $ 515.6 514.2
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 $ 924.1 918.1
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 $ 508.3 505.7
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 $ 511.9 509.9
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 $ 521.1 516.6
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 $ 292.6 292.1
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 $ 376.9 378.0
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 $ 838.1 849.6
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 $ 831.1 839.5
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 $ 343.3 346.0
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 $ 884.0 $ 889.0
v3.25.4
Debt (Summary of long-term debt maturities) (Details) - USD ($)
$ in Millions
Dec. 28, 2025
Sep. 28, 2025
Long-term Debt [Line Items]    
2026 (excluding the quarter ended December 28, 2025) $ 1,500.0  
2027 1,500.0  
2028 1,350.0  
2029 1,750.0  
2030 1,250.0  
Thereafter 8,850.0  
Total $ 16,200.0 $ 16,200.0
v3.25.4
Leases - Narrative (Details)
$ in Millions
Dec. 28, 2025
USD ($)
Lessee, Lease, Description [Line Items]  
Lessee, operating lease, lease not yet commenced, amount $ 639.0
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
v3.25.4
Leases - Schedule of Lease Cost (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Lessee, Lease, Description [Line Items]    
Operating lease costs [1] $ 491.6 $ 458.8
Variable lease costs 313.2 293.4
Short-term lease costs 4.8 5.5
Total lease costs $ 809.6 $ 757.7
[1] Includes immaterial amounts of sublease income and rent concessions.
v3.25.4
Leases - Schedule Supplemental Disclosures (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Lessee, Lease, Description [Line Items]    
Cash paid related to operating lease liabilities $ 523.6 $ 468.4
Operating lease liabilities arising from obtaining right-of-use assets [1] $ 312.6 $ 628.7
Weighted-average remaining operating lease term (1) 8 years 8 months 12 days 8 years 7 months 6 days
Weighted-average operating lease discount rate (1) 3.80% 3.50%
[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.
v3.25.4
Leases - Schedule of Maturity of Operating Lease Payments (Details)
$ in Millions
Dec. 28, 2025
USD ($)
Leases [Abstract]  
2026 (excluding the quarter ended December 28, 2025) $ 1,251.9
2027 1,561.1
2028 1,400.9
2029 1,250.5
2030 1,115.9
Thereafter 4,509.1
Total lease payments 11,089.4
Less imputed interest (1,698.9)
Total $ 9,390.5
v3.25.4
Deferred Revenue (Narrative) (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Sep. 28, 2025
Deferred Revenue Arrangement [Line Items]      
Deferred Revenue, Current $ 2,121.7   $ 1,840.6
Deferred Revenue, Noncurrent 5,748.0   5,772.6
Deferred Revenue, Revenue Recognized 44.1 $ 44.1  
Nestle Global Coffee Alliance [Member]      
Deferred Revenue Arrangement [Line Items]      
Deferred Revenue, Current 177.0   177.0
Deferred Revenue, Noncurrent $ 5,600.0   $ 5,600.0
v3.25.4
Deferred Revenue schedule of changes (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Sep. 28, 2025
Deferred Revenue Arrangement [Line Items]      
Deferred Revenue, Current $ 2,121.7   $ 1,840.6
Revenue Recognition Period Stored Value Cards and Loyalty Program Breakage [Member]      
Deferred Revenue Arrangement [Line Items]      
Deferred Revenue 1,751.7 $ 1,718.7  
Deferred Revenue, Additions 4,354.7 4,414.4  
Deferred Revenue, Revenue Recognized, Including Opening Balance Sheet Amounts (3,823.6) (3,892.9)  
Deferred Revenue, Other [1] (1.3) (27.1)  
Deferred Revenue 2,073.3 2,213.1  
Stored Value Cards and Loyalty Program Breakage in Prior Year      
Deferred Revenue Arrangement [Line Items]      
Deferred Revenue, Current 1,900.0 $ 2,100.0  
Disposal Group, Held-for-Sale, Not Discontinued Operations      
Deferred Revenue Arrangement [Line Items]      
Disposal Group, Deferred Revenue $ (208.2)    
[1] “Other” primarily consists of changes in the stored value cards and loyalty program balances resulting from foreign currency translation.
v3.25.4
Equity (Narrative) (Details) - $ / shares
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Sep. 28, 2025
Equity, Class of Treasury Stock [Line Items]      
Authorized shares of common stock 2,400,000,000   2,400,000,000
Par value of common stock $ 0.001   $ 0.001
Authorized shares of preferred stock 7,500,000    
Outstanding shares of preferred stock 0    
Shares available for repurchase 29,800,000    
Common Stock, Dividends, Per Share, Declared $ 0.62 $ 0.61  
Open Market [Member]      
Equity, Class of Treasury Stock [Line Items]      
Shares of common stock repurchased 0    
v3.25.4
Equity (Components Of Accumulated Other Comprehensive Income, Net Of Tax) (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Sep. 28, 2025
Sep. 29, 2024
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ (8,381.3) $ (7,464.6) $ (8,089.2) $ (7,441.6)
Net gains/(losses) in AOCI, beginning of period (459.3)      
Other comprehensive income/(loss) 33.4 (154.8)    
Net gains/(losses) in AOCI, end of period (425.9)      
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   (3.7) 0.5 (2.3)
Net gains/(losses) recognized in OCI before reclassifications 0.5 (1.6)    
Net (gains)/losses reclassified from AOCI to earnings 0.2 0.2    
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent 0.7 (1.4)    
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   382.1 357.4 247.7
Net gains/(losses) recognized in OCI before reclassifications 41.4 155.1    
Net (gains)/losses reclassified from AOCI to earnings (20.0) (20.7)    
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent 21.4 134.4    
Translation Adjustment [Member]        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   (1,056.2) (858.1) (744.7)
Net gains/(losses) recognized in OCI before reclassifications 21.2 (311.2)    
Net (gains)/losses reclassified from AOCI to earnings 0.0 0.0    
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent 21.2 (311.2)    
Parent [Member]        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (8,388.7) (7,471.7) (8,096.6) (7,448.9)
Other comprehensive income/(loss) 33.3 (154.5)    
AOCI Attributable to Parent [Member]        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (425.9) (583.6) (459.3) (428.8)
Net gains/(losses) recognized in OCI before reclassifications 58.6 (106.2)    
Net (gains)/losses reclassified from AOCI to earnings (25.3) (48.3)    
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent 33.3 (154.5)    
Other comprehensive income/(loss) 33.3 (154.5)    
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Noncontrolling Interest        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest 0.0 0.0    
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Including Noncontrolling Interest        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.2      
Accumulated Net Investment Hedge Gain (Loss) Attributable to Noncontrolling Interest        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest 0.0 0.0    
AOCI, Accumulated Net Investment Hedge Gain (Loss) Including Portion Attributable to Noncontrolling Interest        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 378.8      
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 (0.3)    
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (836.8)      
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 (0.3)    
AOCI Including Portion Attributable to Noncontrolling Interest        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (425.9)      
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   94.2 $ 40.9 $ 70.5
Net gains/(losses) recognized in OCI before reclassifications (4.5) 51.5    
Net (gains)/losses reclassified from AOCI to earnings (5.5) (27.8)    
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent (10.0) 23.7    
Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 30.9      
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    
v3.25.4
Equity (Impact of Reclassifications from Accumulated Other Comprehensive Income on Earnings) (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Interest and other income $ 13.0 $ 27.8
Interest Expense 139.0 127.2
Amounts Reclassified from AOCI, Tax (expense)/benefit 471.6 241.4
Reclassification out of Accumulated Other Comprehensive Income [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Amounts Reclassified from AOCI, Total before tax 33.8 66.9
Amounts Reclassified from AOCI, Tax (expense)/benefit (8.5) (18.6)
Amounts Reclassified from AOCI, Net of tax 25.3 48.3
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)
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Interest and other income (0.2) (0.2)
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 20.0 20.7
Accumulated Net Investment Hedge Gain (Loss) Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Interest Expense 26.7 27.7
Translation Adjustment [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Amounts Reclassified from AOCI, Net of tax 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 5.5 27.8
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent | Reclassification out of Accumulated Other Comprehensive Income [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Amounts Reclassified from AOCI, Total before tax $ 7.3 $ 39.4
v3.25.4
Employee Stock Plans (Narrative) (Details)
shares in Millions
Dec. 28, 2025
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 66.9
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 8.9
v3.25.4
Employee Stock Plans (Stock-Based Compensation Expense Recognized in Consolidated Statement of Earnings) (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]    
Stock-based compensation expense $ 126.1 $ 100.6
Restricted Stock Units (RSUs) [Member]    
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]    
Stock-based compensation expense $ 126.1 $ 100.6
v3.25.4
Employee Stock Plans (Stock Option and RSU Transactions) (Details) - Restricted Stock Units (RSUs) [Member] - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 28, 2025
Sep. 28, 2025
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Granted, RSUs 4.2  
RSUs vested, RSUs (2.6)  
Forfeited/expired, RSUs (0.1)  
Total unrecognized stock-based compensation expense, net of estimated forfeitures, RSUs $ 452.4  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number 10.5 9.0
v3.25.4
Income Taxes (Narrative) (Details)
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Income Tax Disclosure [Abstract]    
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 61.70% 23.60%
v3.25.4
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
Dec. 28, 2025
Dec. 29, 2024
Earnings Per Share [Abstract]    
Net earnings attributable to Starbucks $ 293.3 $ 780.8
Weighted average common shares outstanding (for basic calculation) 1,138.0 1,134.7
Dilutive effect of outstanding common stock options and RSUs 3.9 3.7
Weighted average common and common equivalent shares outstanding (for diluted calculation) 1,141.9 1,138.4
EPS — basic $ 0.26 $ 0.69
EPS — diluted $ 0.26 $ 0.69
v3.25.4
Segment Reporting (Narrative) (Details) - Reportable_segment
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
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  
Revenue Benchmark [Member] | Japan, Canada and the UK Member [Domain] | Japan, Canada and the UK Member [Domain]    
Segment Reporting Information [Line Items]    
Concentration Risk, Percentage 71.00% 73.00%
Operating Segments [Member] | Channel Development [Member]    
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 [Member] | North America and International Segment Member [Domain]    
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.  
v3.25.4
Segment Reporting (Consolidated Revenue Mix by Product Type) (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Revenue from External Customer [Line Items]    
Revenues $ 9,915.1 $ 9,397.8
Beverage Member    
Revenue from External Customer [Line Items]    
Revenues [1] 5,944.2 5,678.0
Food Member    
Revenue from External Customer [Line Items]    
Revenues [2] 1,881.2 1,790.4
Other Products Member    
Revenue from External Customer [Line Items]    
Revenues [3] $ 2,089.7 $ 1,929.4
Revenue Benchmark [Member] | Product type    
Revenue from External Customer [Line Items]    
Concentration Risk, Percentage 100.00% 100.00%
Revenue Benchmark [Member] | Beverage Member | Product type    
Revenue from External Customer [Line Items]    
Concentration Risk, Percentage [1] 60.00% 60.00%
Revenue Benchmark [Member] | Food Member | Product type    
Revenue from External Customer [Line Items]    
Concentration Risk, Percentage [2] 19.00% 19.00%
Revenue Benchmark [Member] | Other Products Member | Product type    
Revenue from External Customer [Line Items]    
Concentration Risk, Percentage [3] 21.00% 21.00%
[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, and serveware, among other items.
v3.25.4
Segment Reporting (Information by Geographic Area) (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Sep. 28, 2025
Revenues from External Customers and Long-Lived Assets [Line Items]      
Long-Lived Assets $ 20,205.7   $ 24,637.4
Revenues 9,915.1 $ 9,397.8  
UNITED STATES      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Long-Lived Assets 15,747.5   15,952.7
Revenues 7,244.1 6,981.2  
CHINA      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Long-Lived Assets 173.9   4,276.8
Revenues 835.6 756.7  
Non-US      
Revenues from External Customers and Long-Lived Assets [Line Items]      
Long-Lived Assets 4,284.3   $ 4,407.9
Revenues $ 1,835.4 $ 1,659.9  
v3.25.4
Segment Reporting (Reconciliation Of Total Segment Operating Income To Consolidated Earnings Before Income Taxes) (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Revenues $ 9,915.1 $ 9,397.8
Product and distribution costs 3,273.6 2,893.7
Store operating expenses 4,552.3 4,203.0
Other Cost and Expense, Operating 131.2 152.5
Depreciation and amortization expenses 400.9 407.6
Depreciation, Depletion and Amortization 431.9 432.2
General and Administrative Expense 638.8 665.8
Restructuring and impairments 88.1 0.0
Costs and Expenses 9,084.9 8,322.6
Income (Loss) from Equity Method Investments 60.6 46.5
Operating Income (Loss) 890.8 1,121.7
Interest and other income 13.0 27.8
Interest Expense 139.0 127.2
Earnings before income taxes 764.8 1,022.3
Operating Segments [Member] | North America [Member]    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Revenues 7,280.5 7,071.9
Product and distribution costs 2,135.5 1,967.5
Store operating expenses 3,785.1 3,458.4
Other Cost and Expense, Operating 59.8 78.4
Depreciation, Depletion and Amortization 298.8 289.0
General and Administrative Expense 94.3 97.3
Restructuring and impairments 40.0 0.0
Costs and Expenses 6,413.5 5,890.6
Income (Loss) from Equity Method Investments 0.0 0.0
Operating Income (Loss) 867.0 1,181.3
Operating Segments [Member] | International [Member]    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Revenues 2,064.9 1,871.3
Product and distribution costs 748.1 647.0
Store operating expenses 767.2 744.6
Other Cost and Expense, Operating 56.8 60.7
Depreciation, Depletion and Amortization 70.1 89.1
General and Administrative Expense 96.0 92.4
Restructuring and impairments 43.6 0.0
Costs and Expenses 1,781.8 1,633.8
Income (Loss) from Equity Method Investments (0.4) (0.4)
Operating Income (Loss) 282.7 237.1
Operating Segments [Member] | Channel Development [Member]    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Revenues 522.7 436.3
Product and distribution costs 352.6 259.8
Store operating expenses 0.0 0.0
Other Cost and Expense, Operating 13.8 13.4
Depreciation, Depletion and Amortization 0.0 0.0
General and Administrative Expense 1.2 2.0
Restructuring and impairments 0.3 0.0
Costs and Expenses 367.9 275.2
Income (Loss) from Equity Method Investments 61.0 46.9
Operating Income (Loss) 215.8 208.0
Operating Segments [Member] | Corporate and Other [Member]    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Revenues 47.0 18.3
Product and distribution costs 37.4 19.4
Store operating expenses 0.0 0.0
Other Cost and Expense, Operating 0.8 0.0
Depreciation, Depletion and Amortization 32.0 29.5
General and Administrative Expense 447.3 474.1
Restructuring and impairments 4.2 0.0
Costs and Expenses 521.7 523.0
Income (Loss) from Equity Method Investments 0.0 0.0
Operating Income (Loss) $ (474.7) $ (504.7)
v3.25.4
Restructuring and Related Activities (Narrative) (Details)
$ in Millions
3 Months Ended
Dec. 28, 2025
USD ($)
store
Dec. 29, 2024
USD ($)
Sep. 27, 2026
USD ($)
Restructuring Charges [Abstract]      
Restructuring store closures | store 165    
Restructuring and impairments $ 88.1 $ 0.0  
Restructuring and Related Cost, Expected Cost     $ 140.0
Restructuring Cost and Reserve [Line Items]      
Disposal and impairment of store assets 24.8    
Employee severance, separation costs, and other 14.4    
Amortization of ROU lease assets and other lease exit costs 48.9    
Restructuring and impairments 88.1 0.0  
Operating Segments [Member] | North America [Member]      
Restructuring Charges [Abstract]      
Restructuring and impairments 40.0 0.0  
Restructuring Cost and Reserve [Line Items]      
Disposal and impairment of store assets 24.8    
Employee severance, separation costs, and other 8.0    
Amortization of ROU lease assets and other lease exit costs 7.2    
Restructuring and impairments 40.0 0.0  
Operating Segments [Member] | International [Member]      
Restructuring Charges [Abstract]      
Restructuring and impairments 43.6 0.0  
Restructuring Cost and Reserve [Line Items]      
Disposal and impairment of store assets 0.0    
Employee severance, separation costs, and other 1.9    
Amortization of ROU lease assets and other lease exit costs 41.7    
Restructuring and impairments 43.6 0.0  
Operating Segments [Member] | Channel Development [Member]      
Restructuring Charges [Abstract]      
Restructuring and impairments 0.3 0.0  
Restructuring Cost and Reserve [Line Items]      
Disposal and impairment of store assets 0.0    
Employee severance, separation costs, and other 0.3    
Amortization of ROU lease assets and other lease exit costs 0.0    
Restructuring and impairments 0.3 0.0  
Operating Segments [Member] | Corporate and Other [Member]      
Restructuring Charges [Abstract]      
Restructuring and impairments 4.2 0.0  
Restructuring Cost and Reserve [Line Items]      
Disposal and impairment of store assets 0.0    
Employee severance, separation costs, and other 4.2    
Amortization of ROU lease assets and other lease exit costs 0.0    
Restructuring and impairments $ 4.2 $ 0.0  
v3.25.4
Restructuring Reserve (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Restructuring Reserve [Roll Forward]    
Restructuring and impairments $ 88.1 $ 0.0
Employee severance, separation costs, and other 14.4  
Amortization of ROU lease assets and other lease exit costs 48.9  
Operating Lease Liability, Restructuring 284.6  
Employee Severance, separation costs, and other    
Restructuring Reserve [Roll Forward]    
Restructuring Reserve, Beginning Balance 158.9  
Employee severance, separation costs, and other 14.4  
Payments for Restructuring (103.3)  
Restructuring reserve, other (5.4)  
Restructuring Reserve, Ending Balance 58.6  
Lease Termination    
Restructuring Reserve [Roll Forward]    
Restructuring Reserve, Beginning Balance 238.9  
Amortization of ROU lease assets and other lease exit costs 48.9  
Payments for Restructuring (43.6)  
Restructuring reserve, other 0.0  
Restructuring Reserve, Ending Balance 239.1  
Total Restructuring Reserve    
Restructuring Reserve [Roll Forward]    
Restructuring Reserve, Beginning Balance 397.8  
Restructuring and impairments 63.3  
Payments for Restructuring (146.9)  
Restructuring reserve, other (5.4)  
Restructuring Reserve, Ending Balance 297.7  
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 (6.0)  
Disposal Group, Held-for-Sale, Not Discontinued Operations | Lease Termination    
Restructuring Reserve [Roll Forward]    
Disposal Group, Lease exit and other related costs (5.1)  
Disposal Group, Held-for-Sale, Not Discontinued Operations | Total Restructuring Reserve    
Restructuring Reserve [Roll Forward]    
Disposal Group, Restructuring $ (11.1)