Other Financial Information

3 Months Ended

Dec. 31, 2024

Other Financial Information [Abstract]

Accrued expenses and other current liabilities consist of the following:


	December 31, 2024		September 30, 2024

	(in millions)
Accrued salaries and benefits	$	596.9	$	620.4
Accrued contract costs	1,379.8		1,354.7
Other accrued expenses	383.8		410.6
Total	$	2,360.5	$	2,385.7

Accrued contract costs above include balances related to professional liability accruals of $833.0 million and $831.8 million as of December 31, 2024 and September 30, 2024, 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 December 31, 2024 and September 30, 2024. The Company did not have material revisions to estimates for contracts where revenue is recognized using the input method during the three months ended December 31, 2024 and 2023. During the first three months of fiscal 2025, the Company did not initiate any new transformational restructuring activities. During the first three months of fiscal 2024, the Company incurred restructuring expenses of $16.2 million, including personnel and other costs of $8.7 million and real estate costs of $7.5 million, of which $5.0 million was accrued and unpaid at December 31, 2023.

On November 18, 2024, the Company’s Board of Directors declared a quarterly cash dividend of $0.26 per share, which was paid on January 17, 2025 to stockholders of record as of the close of business on January 2, 2025.

As of December 31, 2024, accrued and unpaid dividends totaled $37.3 million and were classified within other accrued expenses on the consolidated balance sheet.