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EQUITY (Tables)
12 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Authorized and Issued Shares
Authorized and issued shares consisted of the following (in millions):
September 30,
20242023
Preferred shares, no par value:
Authorized0.2 shares0.2 shares
Issued0.0 shares0.0 shares
Common shares, no par value, $0.01 stated value per share:
Authorized100.0 shares100.0 shares
Issued68.1 shares68.1 shares
Schedule of Accumulated Other Comprehensive Loss
Changes in AOCL by component were as follows for the fiscal years ended September 30:
 Foreign
Currency
Translation
Adjustments
Net Unrealized
Gain (Loss)
On Derivative
Instruments
Net
Unrealized
Loss On
Securities
Pension and
Other Post-
Retirement
Benefit
Adjustments
Accumulated
Other
Comprehensive
Income (Loss)
Balance at September 30, 2021$(1.7)$10.2 $(2.3)$(72.5)$(66.4)
Other comprehensive income (loss) before reclassifications(27.2)40.1 (102.0)(7.3)(96.4)
Amounts reclassified from accumulated other comprehensive net income (loss)— (9.1)— 11.7 2.6 
Income tax benefit (expense)— (7.9)24.6 (1.1)15.6 
Net current period other comprehensive income (loss)(27.2)23.1 (77.4)3.3 (78.2)
Balance at September 30, 2022(28.9)33.3 (79.7)(69.3)(144.6)
Other comprehensive income (loss) before reclassifications7.0 5.6 (34.9)(2.5)(24.8)
Amounts reclassified from accumulated other comprehensive net income (loss)— (23.3)101.3 (1.6)76.4 
Income tax benefit (expense)— 4.5 (25.3)1.0 (19.8)
Net current period other comprehensive income (loss)7.0 (13.2)41.1 (3.1)31.8 
Balance at September 30, 2023(21.9)20.1 (38.6)(72.4)(112.8)
Other comprehensive income (loss) before reclassifications0.6 (10.6)(40.4)(2.8)(53.2)
Amounts reclassified from accumulated other comprehensive net income (loss)— (9.7)64.6 (2.7)52.2 
Income tax benefit (expense)— 5.1 — 1.4 6.5 
Net current period other comprehensive income (loss)0.6 (15.2)24.2 (4.1)5.5 
Balance at September 30, 2024$(21.3)$4.9 $(14.4)$(76.5)$(107.3)
The sum of the components may not equal due to rounding.
Schedule of Share-Based Compensation
Total share-based compensation was as follows for each of the periods indicated:
 Year Ended September 30,
 202420232022
Share-based compensation$79.8 $68.1 $30.3 
Related tax benefit recognized14.8 15.6 4.9 
Schedule of Aggregate Stock Option Activity
Stock option activity was as follows:
No. of
  Options
Wtd. Avg.
Exercise Price
Wtd Avg
Remaining Life
Aggregate
Intrinsic Value
Awards outstanding at September 30, 20231,191,183 $76.64 6.6 years
Granted1,356,698 53.75 
Exercised(35,027)58.52 
Forfeited(135,182)55.69 
Awards outstanding at September 30, 20242,377,672 65.03 7.5 years$71.4 
Exercisable493,832 108.97 2.6 years8.9 
Schedule of Share-Based Awards Granted
The weighted average assumptions used in the estimation of fair value for awards granted in fiscal 2024 are as follows:
Expected volatility38.8 %
Risk-free interest rate4.7 %
Expected dividend yield4.1 %
Expected life6.1 years
Details of the assumptions used in the estimation of fair value for these awards are as follows:
Expected volatility36.6 %
Risk-free interest rate4.5 %
Schedule of Restricted Share-Based Award Activity
Restricted share-based award activity (including restricted stock units and deferred stock units) was as follows:
No. of
Units
Wtd. Avg.
Grant Date
Fair Value
per Unit
Awards outstanding at September 30, 2023611,838 $89.10 
Granted363,264 55.12 
Vested(77,826)182.87 
Forfeited(130,892)59.40 
Awards outstanding at September 30, 2024766,384 68.54 
Schedule of Performance-Based Award Activity
Performance-based award activity was as follows (based on target award amounts):
No. of
Units
Wtd. Avg.
Grant Date
Fair Value
per Unit
Awards outstanding at September 30, 2023544,790 $76.85 
Granted240,677 74.57 
Vested (a)
(181,791)59.88 
Forfeited(194,246)65.89 
Awards outstanding at September 30, 2024409,430 86.61 
(a)Vested at a weighted average of 100% of the target performance share units granted.