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Guarantee Arrangements (Tables)
 3 Months Ended
Dec. 31, 2020
Guarantees [Abstract]  
Schedule of Provision for Losses on Customer Guarantees

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

 

 

 

Three Months Ended

December 31,

 

 

 

2020

 

 

2019

 

Balance at beginning of period

 

$

15.5

 

 

$

15.8

 

Adoption of ASC 326

 

 

(5.2

)

 

 

—

 

Provision for new credit guarantees

 

 

0.4

 

 

 

1.5

 

Changes for pre-existing guarantees, net

 

 

0.2

 

 

 

—

 

Amortization of previous guarantees

 

 

(1.0

)

 

 

(1.4

)

Foreign currency translation

 

 

0.2

 

 

 

0.1

 

Balance at end of period

 

$

10.1

 

 

$

16.0