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Other Financial Information

9 Months Ended

Jun. 30, 2021

13. Other Financial Information

Accrued expenses and other current liabilities consist of the following:


	June 30,		September 30,
	2021		2020

	(in millions)
Accrued salaries and benefits	$	702.2	$	675.7
Accrued contract costs		1,252.3		1,137.5
Other accrued expenses		380.6		436.5
	$	2,335.1	$	2,249.7

Accrued contract costs above include balances related to professional liability accruals of $800.4 million and $625.9 million as of June 30, 2021 and September 30, 2020, respectively. The remaining accrued contract costs primarily relate to costs for services provided by subcontractors and other non-employees. Liabilities recorded related to accrued contract losses were not material as of June 30, 2021 and September 30, 2020. The Company did not have material revisions to estimates for contracts where revenue is recognized using the percentage-of-completion method during the nine months ended June 30, 2021 and 2020. In the first quarter of fiscal 2019, the Company commenced a restructuring plan to improve profitability. The Company expects to incur restructuring costs of $40 million to $50 million in fiscal year 2021 primarily related to costs associated with the advancing its previously announced actions to deliver margin improvement and efficiencies that result in a more agile organization. During the first nine months of fiscal 2021, the Company incurred restructuring expenses of $34.8 million, including personnel and other costs of $25.8 million and real estate costs of $9.0 million, of which $6.5 million was accrued and unpaid at June 30, 2021. During the first nine months of fiscal 2020, the Company incurred restructuring expenses of $96.4 million, including personnel and other costs of $83.5 million and real estate costs of $12.9 million.