v3.25.4

Restructuring (Tables)

3 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

The pre-tax expense for charges related to the restructuring for the quarters ended December 31, 2025 and 2024 are noted in the table below, and were reflected in the Consolidated (Condensed) Statement of Earnings and Comprehensive Income:

			For the Quarters Ended December 31,
			2025						2024
Costs of products sold (COGS)
Severance and related benefit costs			$	1.9					$	0.1
Accelerated depreciation & fixed asset write-offs			2.7						0.8
Other restructuring related costs(1)			4.6						8.5
Selling, general and administrate expense (SG&A)
Severance and related benefit costs			14.8						1.3
Accelerated depreciation & fixed asset write-offs			—						0.9
Other restructuring related costs(2)			0.8						2.6
Momentum Restructuring Cost Total			$	24.8					$	14.2
US manufacturing efficiency project(3)			6.1						—
IT enablement(4)			—						6.1
Total restructuring and related costs			$	30.9					$	20.3

(1) Includes charges primarily related to consulting, relocation, decommissioning, and other facility exit costs.

(2) Primarily includes consulting, real estate rationalization costs, and legal fees for the restructuring program.

(3) Relates to initiatives to optimize the Company's cost structure and operational efficiency in the U.S. as we exit less efficient production lines and reinvest in the expansion of U.S. manufacturing production. These restructuring related costs are recorded in COGS in the Consolidated (Condensed) Statement of Earnings and Comprehensive Income.

(4) Relates to operating expenses for new IT systems, primarily the organizational design and change management costs, which are enabling the Company to complete restructuring initiatives. Costs are included in SG&A in the Consolidated (Condensed) Statement of Earnings and Comprehensive Income.

Schedule of Restructuring Reserve by Type of Cost

The following table summarizes the restructuring and related costs reserve activity for the three months ended December 31, 2025 and 2024:

																		Utilized
			September 30, 2025 (1)						Charge to Income									Cash						Non-Cash						December 31, 2025 (1)
Severance & termination related costs			$	7.5					$	16.7								$	10.0					$	—					$	14.2
Accelerated depreciation & fixed asset write-offs			—						2.7									—						2.7						—
Other restructuring related costs			0.9						5.4									5.5						—						0.8
U.S. manufacturing efficiency project			—						6.1									4.9						1.2						—
IT enablement			0.3						—									0.3						—						—
Total restructuring and related costs			$	8.7					$	30.9								$	20.7					$	3.9					$	15.0

																		Utilized
			September 30, 2024						Charge to Income									Cash						Non-Cash						December 31, 2024
Severance & termination related costs			$	7.2					$	1.4								$	2.8					$	—					$	5.8
Accelerated depreciation & fixed asset write-offs			—						1.7									—						1.7						—
Other restructuring related costs			12.4						11.1									16.3						—						7.2
IT enablement			2.1						6.1									6.1						0.1						2.0
Total restructuring and related costs			$	21.7					$	20.3								$	25.2					$	1.8					$	15.0

(1) The restructuring and related costs reserve is recorded on the Consolidated (Condensed) Balance Sheet in Other current liabilities.

X

- References

No definition available.

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.P.3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4.b.2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

+ Details

Name:	us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration