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Leases (Tables) | 6 Months Ended
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Mar. 31, 2020
Leases [Abstract] |
Right of Use Assets and Lease Liabilities | ROU assets and lease liabilities recorded in the Condensed Consolidated Balance Sheet are as follows:
| March 31, 2020 |  | Location on the Balance Sheet
ROU assets: |  |  |
Operating lease ROU assets | $ | 431.8 |  |  | Other assets
Finance lease ROU assets | 54.0 |  |  | Property, plant and equipment
Total ROU assets | $ | 485.8 |  |  |
Lease liabilities: |  |  |
Operating lease liabilities - current | $ | 86.5 |  |  | Other current liabilities
Operating lease liabilities - noncurrent | 351.8 |  |  | Other noncurrent liabilities
Finance lease liabilities - current | 6.2 |  |  | Current maturities of long-term debt
Finance lease liabilities - noncurrent | 41.4 |  |  | Long-term debt
Total lease liabilities | $ | 485.9 |  |  |
Components of Lease Expense, Lease Terms and Discount Rate, and Supplemental Cash Flow Information | The components of lease cost are as follows:
| Three Months Ended March 31, 2020 |  | Six Months Ended March 31, 2020
Operating lease cost | $ | 28.1 |  |  | $ | 53.7 |
Finance lease cost: |  |  |  |
Amortization of ROU assets | 1.6 |  |  | 3.2 |
Interest on lease liabilities | 0.7 |  |  | 1.2 |
Variable lease cost | 1.4 |  |  | 2.8 |
Short-term lease cost | 0.6 |  |  | 1.6 |
Total lease cost | $ | 32.4 |  |  | $ | 62.5 |
The following table presents the cash and non-cash activity related to lease liabilities included in the Condensed Consolidated Statement of Cash Flows occurring during the period:
| Six Months Ended March 31, 2020
Cash paid related to lease liabilities: |
Operating cash flows from operating leases | $ | 53.3 |
Operating cash flows from finance leases | $ | 1.2 |
Financing cash flows from finance leases | $ | 1.9 |
Non-cash lease liability activities: |
ROU assets obtained in exchange for operating lease liabilities (including the impact upon adoption) | $ | 475.6 |
ROU assets obtained in exchange for finance lease liabilities | $ | 21.5 |
The following table presents the weighted-average remaining lease term and weighted-average discount rate as of March 31, 2020:
Weighted-average remaining lease term |  | In years
Operating leases |  | 6.3
Finance leases |  | 2.4
Weighted-average discount rate |  | %
Operating leases |  | 3.9%
Finance leases |  | 2.0%
Maturities of Lease Liabilities, Operating Leases | Expected annual lease payments based on maturities of operating and finance leases, as well as a reconciliation to the lease liabilities on the Condensed Consolidated Balance Sheet, as of March 31, 2020, were as follows:
| Remainder of Fiscal 2020 |  | Fiscal 2021 |  | Fiscal 2022 |  | Fiscal 2023 |  | Fiscal 2024 |  | After Fiscal 2024 |  | Total Lease Payments |  | Imputed Interest |  | Lease Liabilities
Operating leases: | $ | 50.8 |  |  | $ | 93.3 |  |  | $ | 77.8 |  |  | $ | 68.6 |  |  | $ | 59.1 |  |  | $ | 146.8 |  |  | $ | 496.4 |  |  | $ | (58.1 | ) |  | $ | 438.3 |
Finance leases: | $ | 3.1 |  |  | $ | 5.1 |  |  | $ | 4.0 |  |  | $ | 3.4 |  |  | $ | 3.1 |  |  | $ | 85.9 |  |  | $ | 104.6 |  |  | $ | (57.0 | ) |  | $ | 47.6 |
Maturities of Lease Liabilities, Finance Leases | Expected annual lease payments based on maturities of operating and finance leases, as well as a reconciliation to the lease liabilities on the Condensed Consolidated Balance Sheet, as of March 31, 2020, were as follows:
| Remainder of Fiscal 2020 |  | Fiscal 2021 |  | Fiscal 2022 |  | Fiscal 2023 |  | Fiscal 2024 |  | After Fiscal 2024 |  | Total Lease Payments |  | Imputed Interest |  | Lease Liabilities
Operating leases: | $ | 50.8 |  |  | $ | 93.3 |  |  | $ | 77.8 |  |  | $ | 68.6 |  |  | $ | 59.1 |  |  | $ | 146.8 |  |  | $ | 496.4 |  |  | $ | (58.1 | ) |  | $ | 438.3 |
Finance leases: | $ | 3.1 |  |  | $ | 5.1 |  |  | $ | 4.0 |  |  | $ | 3.4 |  |  | $ | 3.1 |  |  | $ | 85.9 |  |  | $ | 104.6 |  |  | $ | (57.0 | ) |  | $ | 47.6 |
Schedule of Non-Cancelable Operating Leases | The Company’s future minimum payments under non-cancelable operating leases at September 30, 2019, which were accounted for under ASC 840, were as follows:
|  | Fiscal 2020 |  | Fiscal 2021 |  | Fiscal 2022 |  | Fiscal 2023 |  | Fiscal 2024 |  | After Fiscal 2024
Total |  | $ | 100.4 |  |  | $ | 85.9 |  |  | $ | 71.0 |  |  | $ | 61.7 |  |  | $ | 53.6 |  |  | $ | 139.2 |

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