XML 42 R32.htm IDEA: XBRL DOCUMENT

Leases (Tables)

9 Months Ended

Jun. 30, 2021

Leases

Schedule of components of lease expense


		Three Months Ended						Nine Months Ended
		June 30,2021			June 30,2020			June 30,2021			June 30,2020

		(in millions)
Operating lease cost		$	46.3		$	49.3		$	141.0		$	144.7
Finance lease cost:
Amortization of right-of-use assets			3.9			4.2			10.3			13.9
Interest on lease liabilities			0.6			0.4			1.8			1.4
Variable lease cost			8.5			8.8			27.2			27.1
Total lease cost		$	59.3		$	62.7		$	180.3		$	187.1

Schedule of additional balance sheet information related to leases


				As of			As of
(in millions except as noted)		Balance Sheet Classification		June 30,2021			September 30, 2020
Assets:
Operating lease assets		Operating lease right-of-use assets		$	637.3		$	652.1
Finance lease assets		Property and equipment – net			41.1			29.1
Total lease assets				$	678.4		$	681.2

Liabilities:
Current:
Operating lease liabilities		Accrued expenses and other current liabilities		$	162.8		$	168.4
Finance lease liabilities		Current portion of long-term debt			14.1			9.8
Total current lease liabilities				$	176.9		$	178.2

Non-current:
Operating lease liabilities		Operating lease liabilities, noncurrent			711.5			745.3
Finance lease liabilities		Long-term debt			30.5			22.0
Total non-current lease liabilities				$	742.0		$	767.3


		As of		As of
		June 30, 2021		September 30, 2020
Weighted average remaining lease term (in years):
Operating leases		7.0		7.3
Finance leases		3.3		3.3
Weighted average discount rates:
Operating leases		4.4	%	4.6	%
Finance leases		4.6	%	4.7	%

Schedule of additional cash flow information related to leases


		Nine Months Ended
		June 30,			June 30,
		2021			2020

		(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	165.9		$	168.3
Operating cash flows from finance leases			1.5			1.3
Financing cash flows from finance leases			10.1			11.9
Right-of-use assets obtained in exchange for new operating leases			77.3			90.8
Right-of-use assets obtained in exchange for new finance leases			22.2			17.5

Schedule of total remaining lease payments under the Company's operating and finance leases


		Operating Leases			Finance Leases

Fiscal Year		(in millions)
2021 (three months remaining)		$	53.0		$	3.9
2022			188.6			15.6
2023			155.0			13.4
2024			132.9			9.8
2025			113.0			4.5
Thereafter			376.1			0.8
Total lease payments		$	1,018.6		$	48.0
Less: Amounts representing interest		$	(144.3)		$	(3.4)
Total lease liabilities		$	874.3		$	44.6