v3.25.4
Business Combinations (Tables)
3 Months Ended
Dec. 31, 2025
Business Combination [Abstract]  
Opening Balance Sheets
The following table presents the preliminary purchase price allocation related to the 8th Avenue acquisition based upon the fair values of assets acquired and liabilities assumed as of December 31, 2025.
Cash and cash equivalents$2.9 
Receivables, net104.8 
Inventories182.7 
Prepaid expenses and other current assets9.3 
Property, net298.4 
Other intangible assets, net220.0 
Other assets44.7 
Accounts payable(101.1)
Other current liabilities(53.6)
Long-term debt (a)(111.4)
Deferred income taxes(7.0)
Other liabilities(37.0)
Total identifiable net assets552.7 
Goodwill246.1 
Fair value of total consideration transferred$798.8 
(a) Long-term debt represents leaseback financial liabilities that were assumed by Post as part of the acquisition. In conjunction with the divestiture of the Pasta Business (as defined in Note 6), $78.2 of the leaseback financial liabilities were assumed by the Pasta Business acquirer. See Note 6 for additional information on the Pasta Business divestiture.
Pro Forma Information
Pro forma net sales$2,231.7 
Pro forma net earnings$117.8 
Pro forma basic earnings per common share$2.02 
Pro forma diluted earnings per common share$1.85