Supplemental Financial Statement Information (Tables)

3 Months Ended

Dec. 31, 2024

Financial Statement Related Disclosures [Abstract]

Supplemental Income Statement and Balance Sheet Information

The components of certain income statement accounts are as follows:


	For the Quarters Ended December 31,
	2024		2023
Other items, net
Interest income	$	(1.2)	$	(5.6)
Foreign currency exchange (gain)/loss (1)	(3.8)		23.7
Pension cost other than service costs	—		1.0
Transition services agreement income	—		(1.0)
Other	—		0.9
Total Other items, net	$	(5.0)	$	19.0

(1) Foreign currency exchange loss in the quarter ended December 31, 2023, includes the currency impact from the December 2023 Argentina economic reform. 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. 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.

The components of certain balance sheet accounts are as follows:


	December 31, 2024		September 30, 2024
Inventories
Raw materials and supplies	$	145.7	$	127.6
Work in process	218.0		248.4
Finished products	303.0		281.3
Total inventories	$	666.7	$	657.3
Other Current Assets
Miscellaneous receivables	$	24.7	$	22.8


Prepaid expenses	100.8		80.6
Value added tax collectible from customers	36.3		30.5

Other	32.0		29.5
Total other current assets	$	193.8	$	163.4
Property, Plant and Equipment
Land	$	12.5	$	12.8
Buildings	141.2		139.2
Machinery and equipment	797.5		813.8
Construction in progress	80.0		68.8
Finance Leases	54.1		55.6
Total gross property	1,085.3		1,090.2
Accumulated depreciation	(700.6)		(710.1)
Total property, plant and equipment, net	$	384.7	$	380.1
Other Current Liabilities
Accrued advertising, sales promotion and allowances	$	33.6	$	19.9
Accrued trade allowances	58.9		53.3
Accrued freight and warehousing	37.5		42.6
Accrued salaries, vacations and incentive compensation	33.6		69.5
Accrued interest expense	11.0		20.4


Restructuring and related cost reserve	14.8		21.5
Income taxes payable	24.5		22.5
Other	101.1		104.1
Total other current liabilities	$	315.0	$	353.8
Other Liabilities
Pensions and other retirement benefits	$	45.4	$	47.5
Deferred compensation	17.5		17.2
Mandatory transition tax	7.1		7.1
Restructuring and related cost reserve	0.2		0.2

Other non-current liabilities	30.6		31.1
Total other liabilities	$	100.8	$	103.1