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Fair Value Measurements (Tables)
12 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities at Fair Value
The Company’s financial assets and liabilities accounted for at fair value on a recurring basis are summarized below by level within the fair value hierarchy:
As of September 30, 2025
(In millions)TotalLevel 1Level 2Level 3
NAV (a)
Cash and cash equivalents
Money market funds$0.8 $0.8 $— $— $— 
Time deposits2.6 — 2.6 — — 
Other noncurrent assets
Non-qualified trust funds2.2 — — — 2.2 
Deferred compensation investments19.2 19.2 — — — 
Total assets at fair value$24.8 $20.0 $2.6 $— $2.2 
Other noncurrent liabilities
Deferred compensation obligations20.4 — — — 20.4 
Total liabilities at fair value$20.4 $— $— $— $20.4 

As of September 30, 2024
(In millions)TotalLevel 1Level 2Level 3
NAV (a)
Cash and cash equivalents
Money market funds$0.3 $0.3 $— $— $— 
Time deposits2.6 — 2.6 — — 
Other noncurrent assets
Non-qualified trust funds1.9 — — — 1.9 
Deferred compensation investments23.0 23.0 — — — 
Total assets at fair value$27.8 $23.3 $2.6 $— $1.9 
Other noncurrent liabilities
Deferred compensation obligations22.3 — — — 22.3 
Total liabilities at fair value$22.3 $— $— $— $22.3 
(a)Funds measured at fair value using the NAV per share practical expedient have not been classified in the fair value hierarchy.
Summary of Fair Value of Debt The fair values of the Company's outstanding fixed rate senior notes shown in the table below are based on recent trading values, which are considered Level 2 inputs within the fair value hierarchy.
September 30, 2025September 30, 2024
(In millions)Fair value
Carrying value (a)
Unamortized discounts and issuance costsFair value
Carrying value (a)
Unamortized discounts and issuance costs
2031 Notes$491.0 $531.0 $(4.0)$478.5 $530.4 $(4.6)
(a)Carrying values shown are net of unamortized discounts and issuance costs.