XML 67 R49.htm IDEA: XBRL DOCUMENT v3.24.3

Long Term Debt (Tables)

12 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

			September 30,
			2024						2023
2.50% convertible senior notes maturing August 2027			$	575.0					$	575.0
4.50% senior notes maturing September 2031			980.6						1,049.7
4.625% senior notes maturing April 2030			1,385.4						1,385.4
5.50% senior notes maturing December 2029			1,235.0						1,235.0
5.625% senior notes maturing January 2028			464.9						939.9
5.75% senior notes maturing March 2027			—						459.3
6.25% senior secured notes maturing February 2032			1,000.0						—
6.375% senior notes maturing March 2033			1,200.0						—
Fourth Incremental Term Loan			—						400.0
Municipal bond			4.2						5.3
			$	6,845.1					$	6,049.6
Less: Current portion of long-term debt			1.2						1.1
Debt issuance costs, net			55.9						42.0
Plus: Unamortized premium, net			23.6						32.5
Total long-term debt			$	6,811.6					$	6,039.0

Repayments of Long-Term Debt

The following table presents the Company’s (i) principal repayments of debt, which, net of discounts, were included in the Consolidated Statements of Cash Flows, (ii) principal amounts of debt exchanged (refer to “Joinder Agreements” above), which were not included in the Consolidated Statements of Cash Flows and (iii) the associated loss (gain) related to such repayments and exchanges included in “Loss (gain) on extinguishment of debt, net” in the Consolidated Statements of Operations.

																														Loss (Gain) on Extinguishment of Debt, net
						Debt Instrument						Principal Amount Repaid						Principal Amount Exchanged												Debt Discounts (Received) / Premiums Paid						Write-off of Debt Issuance Costs /  Tender Fees						Write-off of Unamortized Premiums
						Year Ended September 30, 2024
						4.50% senior notes						$	69.1					$	—											$	(7.9)					$	0.5					$	—
						5.625% senior notes						475.0						—												4.2						2.5						—
						5.75% senior notes						459.3						—												4.4						1.6						(4.6)
						Fourth Incremental Term Loan						400.0						—												—						1.4						—
						Municipal bond						1.1						—												—						—						—
						Revolving Credit Facility						645.0						—												—						—						—
						Total						$	2,049.5					$	—											$	0.7					$	6.0					$	(4.6)
						Year Ended September 30, 2023
						4.50% senior notes						$	220.8					$	—											$	(31.5)					$	1.7					$	—
						4.625% senior notes						96.8						—												(11.4)						0.5						(0.9)
						5.625% senior notes						1.0						—												—						—						—
						Third Incremental Term Loan						30.1						99.9												—						1.1						—
						Municipal bond						1.1						—												—						—						—
						Total						$	349.8					$	99.9											$	(42.9)					$	3.3					$	(0.9)
						Year Ended September 30, 2022
						4.50% senior notes						$	529.5					$	—											$	(74.7)					$	6.0					$	—
						4.625% senior notes						167.8						—												(21.9)						1.1						(1.8)
						5.50% senior notes						15.0						—												(1.2)						0.1						(0.2)
						5.75% senior notes						840.0						—												24.1						5.0						(13.3)
						First Incremental Term Loan						—						840.0												—						3.5						—
						Second Incremental Term Loan						107.7						342.3												—						0.7						—
						Municipal bond						1.1						—												—						—						—
						Total						$	1,661.1					$	1,182.3											$	(73.7)					$	16.4					$	(15.3)

Schedule of Maturities of Long-term Debt

As of September 30, 2024, expected principal payments on the Company’s debt for the next five fiscal years based on the debt maturity dates were:

Fiscal 2025			$	1.2
Fiscal 2026			1.2
Fiscal 2027 (a)			576.3
Fiscal 2028			465.4
Fiscal 2029			—

(a)Includes principal payment of $575.0 related to the Company’s 2.50% convertible senior notes.

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-SubTopic 10
-Topic 210
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-3

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477734/942-470-50-3

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-8

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-6

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-7

+ Details

Name:	us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of debt extinguished which may include, amount of gain (loss), the income tax effect and the per share amount of the aggregate gain (loss), net of the related income tax.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 470
-SubTopic 50
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481244/470-50-50-1

+ Details

Name:	us-gaap_ScheduleOfExtinguishmentOfDebtTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-1

+ Details

Name:	us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration