Other Financial Information

6 Months Ended

Mar. 31, 2025

Other Financial Information [Abstract]

Accrued expenses and other current liabilities consist of the following:


	March 31, 2025		September 30, 2024
	(in millions)
Accrued salaries and benefits	$	600.2	$	620.4
Accrued contract costs	1,411.0		1,354.7
Other accrued expenses	341.7		410.6
Total	$	2,352.9	$	2,385.7

Accrued contract costs above include balances related to professional liability accruals of $853.7 million and $831.8 million as of March 31, 2025 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 March 31, 2025 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 six months ended March 31, 2025 and 2024. During the first six months of fiscal 2025, the Company did not initiate any new transformational restructuring activities. During the first six months of fiscal 2024, the Company incurred restructuring expenses of $51.6 million, including personnel and other costs of $38.6 million and real estate costs of $13.0 million, of which $7.3 million was accrued and unpaid at March 31, 2024.

On March 6, 2025, the Company’s Board of Directors declared a quarterly cash dividend of $0.26 per share, which was paid on April 17, 2025 to stockholders of record as of the close of business on April 2, 2025. As of March 31, 2025, accrued and unpaid dividends totaled $36.6 million and were classified within other accrued expenses on the consolidated balance sheet.