FAIR VALUE MEASUREMENTS

3 Months Ended

Jan. 01, 2022

The following table summarizes the fair value of the Company’s assets and liabilities for which disclosure of fair value is required:


		January 1, 2022				January 2, 2021				September 30, 2021
	Fair Value Hierarchy Level	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Assets
Cash equivalents	Level 1	$	1.6	$	1.6	$	3.3	$	3.3	$	222.5	$	222.5




Other
Investment securities in non-qualified retirement plan assets	Level 1	50.1		50.1		38.7		38.7		45.0		45.0


Convertible debt investments	Level 3	191.3		191.3		—		—		190.3		190.3

Liabilities




Debt instruments
Credit facilities – revolving loans	Level 2	856.5		856.5		599.6		599.6		—		—
Credit facilities – term loans	Level 2	660.0		660.0		700.0		700.0		670.0		670.0
Senior Notes due 2031 – 4.000%	Level 2	500.0		495.0		—		—		500.0		498.8
Senior Notes due 2032 – 4.375%	Level 2	400.0		399.0		—		—		400.0		402.0
Senior Notes due 2029 – 4.500%	Level 2	450.0		468.6		450.0		484.9		450.0		466.9
Senior Notes due 2026 – 5.250%	Level 2	250.0		256.6		250.0		263.4		250.0		258.1

Receivables facility	Level 2	94.0		94.0		136.0		136.0		—		—

Other debt	Level 2	20.6		20.6		6.8		6.8		11.9		11.9

The cost basis of convertible debt investments was $193.1 at January 1, 2022 and September 30, 2021. There were no purchases of convertible debt investments during the three months ended January 1, 2022. During the three months ended January 1, 2022, the Company recorded an unrealized gain of $0.2 in AOCL and recorded investment income of $0.8 associated with its Level 3 convertible debt investments. The amortized cost basis of convertible debt investments was $194.2 and $193.4 at January 1, 2022 and September 30, 2021, respectively.