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Credit Facilities, Short-term Borrowings and Long-term Debt (Tables)

12 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Short-term Borrowings and Availability Under Various Short-term Credit Facilities

As of September 30, 2020, Woodward’s short-term borrowings and availability under its various short-term credit facilities follows:

		Total availability				Outstanding letters of credit and guarantees				Outstanding borrowings				Remaining availability
Revolving credit facility		$	1,000,000			$	(11,771	)		$	—			$	988,229
Foreign lines of credit and overdraft facilities			7,567				—				—				7,567
Foreign performance guarantee facilities			511				(256	)			—				255
		$	1,008,078			$	(12,027	)		$	—			$	996,051

Schedule of Long-term Debt

		September 30,				September 30,
		2020				2019
Long-term portion of revolving credit facility - Floating rate (LIBOR plus 0.875% - 1.75%), due June 19, 2024; unsecured		$	—			$	42,297
Series G notes – 3.42%, due November 15, 2020; unsecured			50,000				50,000
Series H notes – 4.03%, due November 15, 2023; unsecured			25,000				25,000
Series I notes – 4.18%, due November 15, 2025; unsecured			25,000				25,000
Series J notes – Floating rate (LIBOR plus 1.25%), due November 15, 2020; unsecured			50,000				50,000
Series K notes – 4.03%, due November 15, 2023; unsecured			50,000				50,000
Series L notes – 4.18%, due November 15, 2025; unsecured			50,000				50,000
Series M notes – 1.12% due September 23, 2026; unsecured			46,962				43,770
Series N notes – 1.31% due September 23, 2028; unsecured			90,401				84,257
Series O notes – 1.57% due September 23, 2031; unsecured			50,484				47,053
Series P notes – 4.27% due May 30, 2025; unsecured			85,000				85,000
Series Q notes – 4.35% due May 30, 2027; unsecured			85,000				85,000
Series R notes – 4.41% due May 30, 2029; unsecured			75,000				75,000
Series S notes – 4.46% due May 30, 2030; unsecured			75,000				75,000
Series T notes – 4.61% due May 30, 2033; unsecured			80,000				80,000
Finance leases (Note 5)			2,807				—
Unamortized debt issuance costs			(2,171	)			(2,478	)
Total long-term debt			838,483				864,899
Less: Current portion of long-term debt			101,634				—
Long-term debt, less current portion		$	736,849			$	864,899

Schedule of Future Principal Payments of Long-term Debt

Required future principal payments of the Notes as of September 30, 2020 are as follows:

Year Ending September 30:
2021		$	100,000
2022			—
2023			—
2024			75,000
2025			85,000
Thereafter			577,846
		$	837,846

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

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