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Debt (Tables)

6 Months Ended

Mar. 31, 2026

The following table summarizes Valvoline’s total debt as of:


(In millions)	March 31 2026		September 30 2025
2031 Notes	$	535.0	$	535.0

Term Loan A	403.8		415.6
Term Loan B	738.2		—
Revolver (a)	—		130.0



Debt issuance costs and discounts	(19.3)		(6.6)
Total debt	1,657.7		1,074.0

Current portion of long-term debt	31.2		23.8
Long-term debt	$	1,626.5	$	1,050.2

(a)As of March 31, 2026, the total borrowing capacity remaining under the $475.0 million revolving credit facility was $470.1 million due to a reduction of $4.9 million for letters of credit outstanding.

- 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.

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+ Details