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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables) | 6 Months Ended
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Apr. 02, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Summary of Outstanding Derivative Contracts | The Company had the following outstanding commodity contracts that were entered into to hedge forecasted purchases:
Commodity |  | April 2, 2022 |  | April 3, 2021 |  | September 30, 2021
Urea |  | 40,500 tons |  | 6,000 tons |  | 94,500 tons
Diesel |  | 4,452,000 gallons |  | 4,368,000 gallons |  | 5,880,000 gallons
Heating Oil |  | 2,016,000 gallons |  | 1,680,000 gallons |  | 2,268,000 gallons
Schedule of the Fair Values of Derivative Instruments | The fair values of the Company’s derivative instruments, which represent Level 2 fair value measurements, were as follows:
|  |  |  | Assets / (Liabilities)
Derivatives Designated as Hedging Instruments |  | Balance Sheet Location |  | April 2, 2022 |  | April 3, 2021 |  | September 30, 2021
Interest rate swap agreements |  | Prepaid and other current assets |  | $ | 2.2 |  |  | $ | — |  |  | $ | — |
|  | Other assets |  | 15.7 |  |  | 4.9 |  |  | 3.3 |
|  | Other current liabilities |  | (0.5) |  |  | (8.1) |  |  | (5.7) |
|  | Other liabilities |  | — |  |  | (4.7) |  |  | (2.5) |
Commodity hedging instruments |  | Prepaid and other current assets |  | 12.2 |  |  | 1.3 |  |  | 13.9 |
Total derivatives designated as hedging instruments |  | $ | 29.6 |  |  | $ | (6.6) |  |  | $ | 9.0 |
Derivatives Not Designated as Hedging Instruments |  | Balance Sheet Location |  |  |  |  |  |
Currency forward contracts |  | Prepaid and other current assets |  | $ | 3.9 |  |  | $ | 1.3 |  |  | $ | 3.4 |
|  | Other current liabilities |  | — |  |  | (1.0) |  |  | (0.2) |
Commodity hedging instruments |  | Prepaid and other current assets |  | 3.7 |  |  | 1.2 |  |  | 1.3 |
Total derivatives not designated as hedging instruments |  | 7.6 |  |  | 1.5 |  |  | 4.5 |
Total derivatives |  | $ | 37.2 |  |  | $ | (5.1) |  |  | $ | 13.5 |
Schedule of the Effect of Derivative Instruments on AOCI and Statements of Operations | The effect of derivative instruments on AOCL, net of tax, and the Condensed Consolidated Statements of Operations for each of the periods presented was as follows:
Derivatives in Cash Flow Hedging Relationships |  | Amount of Gain / (Loss) Recognized in AOCL
| Three Months Ended |  | Six Months Ended
| April 2, 2022 |  | April 3, 2021 |  | April 2, 2022 |  | April 3, 2021
Interest rate swap agreements |  | $ | 11.5 |  |  | $ | 4.9 |  |  | $ | 14.4 |  |  | $ | 5.2 |
Commodity hedging instruments |  | 4.7 |  |  | 2.5 |  |  | 11.4 |  |  | 4.7 |
Total |  | $ | 16.2 |  |  | $ | 7.4 |  |  | $ | 25.8 |  |  | $ | 9.9 |
Derivatives in Cash Flow Hedging Relationships |  | Reclassified from AOCL into Statement of Operations |  | Amount of Gain / (Loss)
Three Months Ended |  | Six Months Ended
April 2, 2022 |  | April 3, 2021 |  | April 2, 2022 |  | April 3, 2021
Interest rate swap agreements |  | Interest expense |  | $ | (1.3) |  |  | $ | (2.3) |  |  | $ | (2.1) |  |  | $ | (4.1) |
Commodity hedging instruments |  | Cost of sales |  | 5.6 |  |  | 0.3 |  |  | 6.6 |  |  | 0.2 |
Total |  | $ | 4.3 |  |  | $ | (2.0) |  |  | $ | 4.5 |  |  | $ | (3.9) |
Derivatives Not Designated as Hedging Instruments |  | Recognized in Statement of Operations |  | Amount of Gain / (Loss)
Three Months Ended |  | Six Months Ended
April 2, 2022 |  | April 3, 2021 |  | April 2, 2022 |  | April 3, 2021
Currency forward contracts |  | Other income / expense, net |  | $ | 4.0 |  |  | $ | 0.9 |  |  | $ | 5.0 |  |  | $ | (7.1) |
Commodity hedging instruments |  | Cost of sales |  | 5.9 |  |  | 1.4 |  |  | 6.5 |  |  | 2.1 |
Total |  | $ | 9.9 |  |  | $ | 2.3 |  |  | $ | 11.5 |  |  | $ | (5.0) |

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