XML 55 R37.htm IDEA: XBRL DOCUMENT
v3.22.2.2

GOODWILL AND INTANGIBLE ASSETS, NET (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Rollforward of Carrying Amount of Goodwill by Reportable Segment | The following table displays a rollforward of the carrying amount of goodwill by reportable segment:
| U.S. Consumer |  | Hawthorne |  | Other |  | Total
Goodwill | $ | 229.9 |  |  | $ | 400.1 |  |  | $ | 10.5 |  |  | $ | 640.5 |
Accumulated impairment losses | (1.8) |  |  | (94.6) |  |  | — |  |  | (96.4) |
Balance at September 30, 2020 | 228.1 |  |  | 305.5 |  |  | 10.5 |  |  | 544.1 |
Acquisitions and measurement-period adjustments | — |  |  | 60.5 |  |  | — |  |  | 60.5 |
Foreign currency translation | — |  |  | — |  |  | 0.6 |  |  | 0.6 |
Reallocation | 15.8 |  |  | (15.8) |  |  | — |  |  | — |
Goodwill | $ | 245.7 |  |  | $ | 444.8 |  |  | $ | 11.1 |  |  | $ | 701.6 |
Accumulated impairment losses | (1.8) |  |  | (94.6) |  |  | — |  |  | (96.4) |
Balance at September 30, 2021 | 243.9 |  |  | 350.2 |  |  | 11.1 |  |  | 605.2 |
Acquisitions and measurement-period adjustments | — |  |  | 180.8 |  |  | — |  |  | 180.8 |
Foreign currency translation | — |  |  | (8.6) |  |  | (1.0) |  |  | (9.6) |
Impairment | — |  |  | (522.4) |  |  | — |  |  | (522.4) |
Goodwill | $ | 245.7 |  |  | $ | 617.0 |  |  | $ | 10.1 |  |  | $ | 872.8 |
Accumulated impairment losses | (1.8) |  |  | (617.0) |  |  | — |  |  | (618.8) |
Balance at September 30, 2022 | $ | 243.9 |  |  | $ | — |  |  | $ | 10.1 |  |  | $ | 254.0 |
Schedule of Finite-lived Intangible Assets | The following table presents intangible assets, net of accumulated amortization and impairment charges:
| September 30, 2022 |  | September 30, 2021
| Gross Carrying Amount |  | Accumulated Amortization/ Impairment Charges |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization/ Impairment Charges |  | Net Carrying Amount
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trade names | $ | 318.4 |  |  | $ | (174.3) |  |  | $ | 144.1 |  |  | $ | 293.4 |  |  | $ | (73.3) |  |  | $ | 220.1 |
Customer relationships | 251.1 |  |  | (158.4) |  |  | 92.7 |  |  | 228.3 |  |  | (91.7) |  |  | 136.6 |
Technology | 49.1 |  |  | (43.3) |  |  | 5.8 |  |  | 49.2 |  |  | (41.3) |  |  | 7.9 |
Other | 34.7 |  |  | (21.0) |  |  | 13.7 |  |  | 35.3 |  |  | (14.2) |  |  | 21.1 |
Total finite-lived intangible assets, net |  |  |  |  | 256.3 |  |  |  |  |  |  | 385.7 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Indefinite-lived trade names |  |  |  |  | 168.2 |  |  |  |  |  |  | 168.2 |
Roundup® marketing agreement amendment |  |  |  |  | 155.7 |  |  |  |  |  |  | 155.7 |
Total indefinite-lived intangible assets |  |  |  |  | 323.9 |  |  |  |  |  |  | 323.9 |
Total intangible assets, net |  |  |  |  | $ | 580.2 |  |  |  |  |  |  | $ | 709.6 |
Schedule of Indefinite-lived Intangible Assets | The following table presents intangible assets, net of accumulated amortization and impairment charges:
| September 30, 2022 |  | September 30, 2021
| Gross Carrying Amount |  | Accumulated Amortization/ Impairment Charges |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization/ Impairment Charges |  | Net Carrying Amount
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trade names | $ | 318.4 |  |  | $ | (174.3) |  |  | $ | 144.1 |  |  | $ | 293.4 |  |  | $ | (73.3) |  |  | $ | 220.1 |
Customer relationships | 251.1 |  |  | (158.4) |  |  | 92.7 |  |  | 228.3 |  |  | (91.7) |  |  | 136.6 |
Technology | 49.1 |  |  | (43.3) |  |  | 5.8 |  |  | 49.2 |  |  | (41.3) |  |  | 7.9 |
Other | 34.7 |  |  | (21.0) |  |  | 13.7 |  |  | 35.3 |  |  | (14.2) |  |  | 21.1 |
Total finite-lived intangible assets, net |  |  |  |  | 256.3 |  |  |  |  |  |  | 385.7 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Indefinite-lived trade names |  |  |  |  | 168.2 |  |  |  |  |  |  | 168.2 |
Roundup® marketing agreement amendment |  |  |  |  | 155.7 |  |  |  |  |  |  | 155.7 |
Total indefinite-lived intangible assets |  |  |  |  | 323.9 |  |  |  |  |  |  | 323.9 |
Total intangible assets, net |  |  |  |  | $ | 580.2 |  |  |  |  |  |  | $ | 709.6 |
Schedule of Future Estimates of Amortization Expense | Amortization expense is estimated to be as follows for the years ending September 30:
2023 | $ | 27.0 |
2024 | 22.8 |
2025 | 20.0 |
2026 | 18.6 |
2027 | 17.4 |

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 Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=121556970&loc=SL108378252-109267 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 55 -Paragraph 24 -URI https://asc.fasb.org/extlink&oid=122137925&loc=d3e14258-109268 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration