XML 223 R28.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Supplemental Balance Sheet Information (Tables)
3 Months Ended
Mar. 31, 2024
Balance Sheet Related Disclosures [Abstract]  
Schedule Of Selected Supplemental Balance Sheet Information [Table Text Block]
Selected supplemental asset information is presented below:
 March 31,September 30,
 20242023
 (in millions)
Inventories:
Purchased components and raw materials$172.6 $176.9 
Work in process, net66.8 60.0 
Finished goods, net67.9 61.0 
Inventories, net$307.3 $297.9 
Other current assets:
Prepaid expenses$17.4 $17.8 
Non-trade receivables1.6 1.7 
Maintenance and repair supplies and tooling5.2 4.1 
Income taxes0.8 0.8 
Workers' compensation reimbursement receivable2.0 2.2 
Other current assets5.4 4.9 
Total other current assets$32.4 $31.5 
Property, plant and equipment:
Land$6.4 $6.4 
Buildings120.6 117.2 
Machinery and equipment529.0 525.8 
Construction in progress43.7 36.9 
Total property, plant and equipment699.7 686.3 
Accumulated depreciation(390.6)(374.6)
Property, plant and equipment, net$309.1 $311.7 
Other noncurrent assets:
Operating lease right-of-use assets$28.2 $23.6 
Maintenance and repair supplies and tooling20.7 21.1 
Workers' compensation reimbursement receivable3.3 2.4 
Pension asset5.8 6.6 
Note receivable 1.8 1.8 
Deferred financing fees1.4 0.7 
Other noncurrent assets1.2 2.6 
Total other noncurrent assets$62.4 $58.8 
Schedule of Accrued Liabilities
Selected supplemental liability information is presented below:
 March 31,September 30,
 20242023
 (in millions)
Other current liabilities:
Compensation and benefits$36.6 $33.8 
Customer rebates14.3 14.6 
Income taxes payable13.2 8.5 
Warranty accrual9.3 8.6 
Deferred revenue3.9 9.2 
Returned goods accrual6.9 6.7 
Taxes other than income taxes0.5 2.0 
Operating lease liabilities5.2 4.9 
Workers' compensation accrual4.0 4.0 
Strategic reorganization and other charges liabilities7.2 6.6 
Interest payable5.3 5.3 
Other current liabilities8.5 11.0 
Total other current liabilities$114.9 $115.2 
Other noncurrent liabilities:
Operating lease liabilities$24.1 $19.8 
Warranty accrual5.7 7.1 
Transition tax liability1.6 3.1 
Uncertain tax position liability4.0 5.0 
NMTC liability3.9 3.9 
Workers' compensation accrual6.0 5.9 
Asset retirement obligation4.2 4.2 
Deferred revenue5.0 — 
Deferred development grant2.5 2.5 
Other noncurrent liabilities2.9 2.7 
Total other noncurrent liabilities$59.9 $54.2 
Schedule of Goodwill
The following table summarizes information concerning our goodwill, all of which is within our Water Management Solutions segment, during the six months ended March 31, 2024, in millions:

Balance at September 30, 2023:
Goodwill$817.8 
Accumulated impairment(724.1)
Goodwill, net93.7 
Activity during the six months ended March 31, 2024:
Change in foreign currency exchange rates3.3 
Balance at March 31, 2024
$97.0