XML 47 R35.htm IDEA: XBRL DOCUMENT v3.20.4
Receivables (Tables)
 3 Months Ended
Dec. 31, 2020
Receivables [Abstract]  
Schedule of Receivables

 

Receivables consisted of the following (in millions):

 

 

 

December 31,

2020

 

 

September 30,

2020

 

Trade receivables - U.S. government

 

$

77.4

 

 

$

105.8

 

Trade receivables - other

 

 

603.7

 

 

 

734.0

 

Finance receivables

 

 

9.9

 

 

 

18.8

 

Notes receivable

 

 

0.8

 

 

 

—

 

Other receivables

 

 

22.2

 

 

 

17.1

 

 

 

 

714.0

 

 

 

875.7

 

Less allowance for doubtful accounts

 

 

(5.8

)

 

 

(9.6

)

 

 

$

708.2

 

 

$

866.1

 
Classification of Receivables in the Condensed Consolidated Balance Sheets

 

Classification of receivables in the Condensed Consolidated Balance Sheets consisted of the following (in millions):

 

 

 

December 31,

2020

 

 

September 30,

2020

 

Current receivables

 

$

699.2

 

 

$

857.6

 

Long-term receivables

 

 

9.0

 

 

 

8.5

 

 

 

$

708.2

 

 

$

866.1

 
Schedule of Allowance for Doubtful Accounts

 

 

Changes in the Company’s allowance for doubtful accounts by type of receivable were as follows (in millions):

 

 

 

Three Months Ended December 31, 2020

 

 

Three Months Ended December 31, 2019

 

 

 

Finance

Receivables

 

 

Notes

Receivable

 

 

Trade and

Other

Receivables

 

 

Total

 

 

Finance

Receivables

 

 

Notes

Receivable

 

 

Trade and

Other

Receivables

 

 

Total

 

Allowance at beginning of period

 

$

2.7

 

 

$

—

 

 

$

6.9

 

 

$

9.6

 

 

$

2.2

 

 

$

0.4

 

 

$

8.7

 

 

$

11.3

 

Provision for doubtful accounts, net of recoveries

 

 

(1.3

)

 

 

—

 

 

 

(2.5

)

 

 

(3.8

)

 

 

(0.2

)

 

 

—

 

 

 

(1.4

)

 

 

(1.6

)

Allowance at end of period

 

$

1.4

 

 

$

—

 

 

$

4.4

 

 

$

5.8

 

 

$

2.0

 

 

$

0.4

 

 

$

7.3

 

 

$

9.7