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Guarantee Arrangements (Tables)
12 Months Ended
Sep. 30, 2021
Guarantees [Abstract]  
Schedule of Provision for Losses on Customer Guarantees

Changes in the Company’s guarantee liability were as follows (in millions):

 

 

Fiscal Year Ended September 30,

 

 

 

2021

 

 

2020

 

Balance at beginning of year

 

$

15.5

 

 

$

15.8

 

Adoption of ASC 326

 

 

(0.6

)

 

 

 

Provision for new credit guarantees

 

 

2.4

 

 

 

4.9

 

Changes for pre-existing guarantees, net

 

 

(0.5

)

 

 

(0.5

)

Amortization of previous guarantees

 

 

(2.8

)

 

 

(5.0

)

Foreign currency translation

 

 

0.1

 

 

 

0.3

 

Balance at end of year

 

$

14.1

 

 

$

15.5