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Unaudited Quarterly Results - Schedule of Unaudited Quarterly Results (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2022
[1]
Sep. 30, 2022
[2]
Jun. 30, 2022
Mar. 31, 2022
[3]
Dec. 31, 2021
Sep. 30, 2021
[4]
Jun. 30, 2021
[5]
Mar. 31, 2021
[6]
Dec. 31, 2020
[7]
Dec. 31, 2022
Sep. 30, 2021
Sep. 30, 2020
Quarterly Financial Information Disclosure [Abstract]                        
Net sales $ 2,203.6 $ 2,066.7 $ 2,066.0 $ 1,945.7 $ 1,791.7 $ 2,063.0 $ 2,208.8 $ 1,889.0 $ 1,576.5 $ 8,282.0 $ 7,737.3 $ 6,856.8
Gross income 315.0 288.6 247.0 203.8 195.3 308.7 394.1 319.6 245.8 1,054.4 1,268.2 1,116.4
Operating income 147.0 117.2 76.3 31.8 41.6 134.4 213.3 145.3 99.1 372.3 592.1 484.8
Net income $ 75.1 $ 66.9 $ 32.1 $ (0.2) $ 24.2 $ 112.9 $ 221.0 $ 103.0 $ 72.0 $ 173.9 $ 508.9 $ 321.5
Earnings per share:                        
Basic $ 1.15 $ 1.02 $ 0.49     $ 1.65 $ 3.21 $ 1.50 $ 1.06      
Diluted 1.14 1.02 0.49     1.63 3.18 1.49 1.05      
Common Stock per share dividends $ 0.37 $ 0.37 $ 0.37 $ 0.37 $ 0.37 $ 0.33 $ 0.33 $ 0.33 $ 0.33 $ 1.48 $ 1.32 $ 1.20
[1] The fourth quarter of fiscal 2022 was impacted by a $5.6 million ($4.3 million after-tax) intangible asset impairment charge in the Defense segment and a $33.6 million ($25.7 million after-tax) pension settlement charge.
[2] The third quarter of fiscal 2022 was impacted by expense of $4.6 million to eliminate cumulative translation adjustments upon liquidation of foreign entities in the Access Equipment segment and a $2.1 million intangible asset impairment charge in the Commercial segment.
[3] The first quarter of fiscal 2022 was impacted by tax expense of $18.1 million for anti-hybrid tax on prior period income.
[4] The fourth quarter of the year ended September 30, 2021 was impacted by a tax benefit of $11.7 million for the revaluation of deferred tax liabilities and a tax benefit of $5.4 million for net operating loss carrybacks.
[5] The third quarter of the year ended September 30, 2021 was impacted a tax benefit of $69.9 million for net operating loss carrybacks and $1.3 million ($1.4 million after-tax) of restructuring-related costs in the Access Equipment segment.
[6] The second quarter of the year ended September 30, 2021 was impacted by $2.2 million ($2.5 million after-tax) of restructuring-related costs in the Access Equipment segment.
[7] The first quarter of the year ended September 30, 2021 was impacted by $8.0 million ($7.8 million after-tax) of restructuring-related costs in the Access Equipment segment.