XML 30 R11.htm IDEA: XBRL DOCUMENT
v3.26.1

Intangible Assets | 6 Months Ended
--- | ---
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | INTANGIBLE ASSETS Goodwill The following table summarizes changes in the carrying amount of goodwill during the six months ended March 31, 2026:
(In millions) |  |
Balance as of September 30, 2025 |  | $ | 658.0 |
Acquisitions (a) |  | 527.8 |
Dispositions |  | (3.4) |
Balance at March 31, 2026 |  | $ | 1,182.4 |
(a) Includes measurement period adjustments to reduce goodwill of $3.4 million for an acquisition that closed during fiscal 2025.
Other intangible assets Valvoline’s purchased intangible assets were specifically identified when acquired, have finite lives, and are reported in Goodwill and intangibles, net within the Condensed Consolidated Balance Sheets. The following summarizes the gross carrying amounts and accumulated amortization of the Company’s intangible assets:
|  | March 31, 2026 |  | September 30, 2025
(In millions) |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount
Definite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and trade names |  | $ | 37.5 |  |  | $ | (14.4) |  |  | $ | 23.1 |  |  | $ | 29.5 |  |  | $ | (12.7) |  |  | $ | 16.8 |
Reacquired franchise rights |  | 126.1 |  |  | (69.0) |  |  | 57.1 |  |  | 122.3 |  |  | (63.9) |  |  | 58.4 |
Customer relationships |  | 25.7 |  |  | (9.2) |  |  | 16.5 |  |  | 14.7 |  |  | (8.5) |  |  | 6.2 |
Other intangible assets |  | 7.6 |  |  | (6.5) |  |  | 1.1 |  |  | 7.4 |  |  | (6.3) |  |  | 1.1 |
Total definite-lived intangible assets |  | $ | 196.9 |  |  | $ | (99.1) |  |  | $ | 97.8 |  |  | $ | 173.9 |  |  | $ | (91.4) |  |  | $ | 82.5 |
The table that follows summarizes the actual and estimated amortization expense for the Company's current amortizable intangible assets:
|  | Actual |  | Estimated
|  | Six months ended March 31 |  | Years ended September 30
(In millions) |  | 2026 |  | 2026 |  | 2027 |  | 2028 |  | 2029 |  | 2030 |  |
Amortization expense |  | $ | 7.6 |  |  | $ | 16.0 |  |  | $ | 16.2 |  |  | $ | 16.1 |  |  | $ | 13.8 |  |  | $ | 12.2 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration