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Discontinued Operations and Disposal Groups (Tables)
12 Months Ended
Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations, Net Assets
The following is a summary of BellRing’s net assets as of March 10, 2022.
Total Assets$633.0 
Less: Total Liabilities
1,064.6 
BellRing Net Assets
$(431.6)
Net Earnings from Discontinued Operations
The following table presents the components of net earnings from discontinued operations for the year ended September 30, 2022 prior to the completion of the BellRing Spin-off.
Net Sales$541.9 
Cost of goods sold390.3 
Gross Profit151.6 
Selling, general and administrative expenses 68.5 
Amortization of intangible assets8.7 
Operating Profit74.4 
Interest expense, net 13.1 
Loss on extinguishment and refinancing of debt, net17.6 
Earnings from Discontinued Operations before Income Taxes43.7 
Income tax expense10.3 
Net Earnings from Discontinued Operations, Including Noncontrolling Interest33.4 
Less: Net earnings attributable to noncontrolling interest from discontinued operations11.8 
Net Earnings from Discontinued Operations, net of tax and noncontrolling interest$21.6