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Segments
 3 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segments Segments
Operations for Energizer are managed via two product segments: Batteries & Lights and Auto Care. Segment performance is evaluated based on segment operating profit, exclusive of general corporate expenses (including share-based compensation costs), amortization of intangibles, acquisition and integration activities, restructuring and related costs, network transition costs and other items determined to be corporate in nature. Financial items, such as interest income and expense and the loss on extinguishment of debt are managed on a global basis at the corporate level. The exclusion of these costs from segment results reflects management’s view on how it evaluates segment performance.

Energizer’s operating model includes a combination of standalone and shared business functions between the product segments, varying by country and region of the world. Shared functions include the sales and marketing functions, as well as human resources, IT and finance shared service costs. Energizer applies a fully allocated cost basis, in which shared business functions are allocated between segments. Such allocations are estimates, and may not represent the costs of such services if performed on a standalone basis.

Segment sales and profitability for the quarters ended December 31, 2024 and 2023 are presented below:
 For the Quarters Ended December 31,
20242023
Net Sales 
Batteries & Lights$632.4 $617.8 
Auto Care99.3 98.8 
Total Net Sales$731.7 $716.6 
Segment Profit 
Batteries & Lights$119.3 $132.4 
Auto Care20.5 6.9 
Total segment profit$139.8 $139.3 
    General corporate and other expenses (1) (27.4)(29.2)
    Amortization of intangible assets(14.7)(14.5)
Project Momentum restructuring and related costs (2)(20.3)(22.4)
Network transition costs (3)(14.0)— 
    Acquisition and integration costs (4)(1.2)(2.6)
Interest expense(37.0)(40.7)
Loss on extinguishment of debt (0.1)(0.5)
December 2023 Argentina Economic Reform (5)— (21.0)
Other items - Adjusted (6)5.0 1.0 
Total earnings before income taxes$30.1 $9.4 
Depreciation and amortization
Batteries & Lights$14.3 $13.0 
Auto Care2.8 2.5 
Total segment depreciation and amortization$17.1 $15.5 
Amortization of intangible assets14.7 14.5 
         Total depreciation and amortization$31.8 $30.0 

(1) Included in SG&A in the Consolidated (Condensed) Statement of Earnings and Comprehensive Income.

(2) Project Momentum restructuring and related costs were included in the following lines in the Consolidated (Condensed) Statement of Earnings and Comprehensive Income:
For the Quarters Ended December 31,
Restructuring and related costs20242023
Cost of products sold$9.4 $12.8 
SG&A - Restructuring costs4.8 5.7 
SG&A - IT Enablement6.1 3.9 
Total Restructuring and related costs$20.3 $22.4 

(3) This represents incremental network transition costs, primarily related to freight and third-party packaging support, to maintain business continuity and service our customers as the Company decommissions certain facilities and relocates production and packaging lines as part of Project Momentum. These costs were recorded in Cost of products sold on the Consolidated (Condensed) Statement of Earnings and Comprehensive Income.

(4) Acquisition and integration costs were included in the following lines in the Consolidated (Condensed) Statement of Earnings and Comprehensive Income:
For the Quarters Ended December 31,
Acquisition and related costs20242023
Cost of products sold$— $2.9 
SG&A 1.2 0.7 
Other items, net— (1.0)
Total Acquisition and integration costs$1.2 $2.6 

(5) During December 2023, a new president was inaugurated in Argentina bringing significant economic reform to the country including devaluing the Argentine Peso by 50% in the month of December (December 2023 Argentina Reform). In addition, new regulations were implemented reducing restrictions around foreign currency purchases. As a result of this reform and devaluation, the Company recorded $21.0 of exchange losses in Other items, net on the Consolidated (Condensed) Statement of Earnings.

(6) Below is the reconciliation of Other items, net as reflected on the Consolidated (Condensed) Statement of Earnings to the adjusted amount included in the table above:
For the Quarters Ended December 31,
20242023
Other items, net$(5.0)$19.0 
Acquisition and integration (4 above)— (1.0)
December 2023 Argentina Economic Reform (5 above)— 21.0 
Other items, net - adjusted$(5.0)$(1.0)

Corporate assets shown in the following table include cash, all financial instruments, pension assets, amounts indemnified by others per the purchase agreements and tax asset balances that are managed outside of operating segments.

Total AssetsDecember 31, 2024September 30, 2024
Batteries & Lights$1,291.0 $1,421.1 
Auto Care400.0 352.7 
Total segment assets$1,691.0 $1,773.8 
Corporate453.6 451.7 
Goodwill and other intangible assets2,085.6 2,116.9 
Total assets$4,230.2 $4,342.4