v3.20.4
Segments
 3 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segments SEGMENTS
At December 31, 2020, the Company’s reportable segments were as follows:
•Post Consumer Brands: North American RTE cereal;
•Weetabix: primarily United Kingdom RTE cereal and muesli;
•Foodservice: primarily egg and potato products;
•Refrigerated Retail: primarily side dish, egg, cheese and sausage products; and
•BellRing Brands: ready-to-drink (“RTD”) protein shakes, other RTD beverages, powders and nutrition bars.
Due to the level of integration between the Foodservice and Refrigerated Retail segments, it is impracticable to present total assets separately for each segment. An allocation has been made between the two segments for depreciation based on inventory costing.
Management evaluates each segment’s performance based on its segment profit, which for all segments excluding BellRing Brands is its earnings before income taxes and equity method earnings/loss before impairment of property, goodwill and other intangible assets, facility closure related costs, restructuring expenses, gain/loss on assets and liabilities held for sale, gain/loss on sale of businesses and facilities, gain on/adjustment to bargain purchase, interest expense and other unallocated corporate income and expenses. Segment profit for BellRing Brands, as it is a publicly-traded company, is its operating profit. The following tables present information about the Company’s reportable segments.
Three Months Ended
December 31,
20202019
Net Sales
Post Consumer Brands$445.0 $441.2 
Weetabix113.5 101.5 
Foodservice354.5 420.6 
Refrigerated Retail263.1 249.9 
BellRing Brands282.4 244.0 
Eliminations(0.5)(0.4)
Total$1,458.0 $1,456.8 
Segment Profit
Post Consumer Brands$70.5 $80.6 
Weetabix28.1 23.7 
Foodservice10.8 47.0 
Refrigerated Retail33.7 26.0 
BellRing Brands47.8 49.3 
Total segment profit190.9 226.6 
General corporate expenses and other13.8 27.4 
Interest expense, net96.6 102.9 
Loss on extinguishment of debt, net— 12.9 
Income on swaps, net(41.6)(61.4)
Earnings before income taxes and equity method loss$122.1 $144.8 
Net sales by product
Cereal and granola$558.3 $542.5 
Eggs and egg products338.1 395.3 
Side dishes (including potato products)155.5 148.5 
Cheese and dairy62.7 67.6 
Sausage44.3 45.9 
Protein-based products and supplements282.5 244.1 
Other17.0 13.2 
Eliminations(0.4)(0.3)
Total$1,458.0 $1,456.8 
Depreciation and amortization
Post Consumer Brands$28.2 $27.9 
Weetabix9.4 8.7 
Foodservice30.7 29.0 
Refrigerated Retail18.1 17.4 
BellRing Brands6.7 6.4 
Total segment depreciation and amortization93.1 89.4 
Corporate1.0 0.9 
Total$94.1 $90.3 
AssetsDecember 31,
2020		September 30, 2020
Post Consumer Brands$3,260.5 $3,291.7 
Weetabix1,971.3 1,864.5 
Foodservice and Refrigerated Retail 4,971.8 5,022.0 
BellRing Brands680.7 653.5 
Corporate1,256.0 1,315.0 
Total$12,140.3 $12,146.7