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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
OPERATING ACTIVITIES      
Net income (loss) $ (34.9) $ (380.1) $ (437.5)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Impairment, restructuring and other 84.3 288.6 666.8
Share-based compensation expense 80.4 68.9 34.3
Depreciation 64.9 67.3 68.1
Amortization 15.7 25.2 37.1
Deferred taxes 9.3 (58.7) (182.8)
Equity in loss of unconsolidated affiliates 68.1 101.1 12.9
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable 128.2 77.7 102.8
Inventories 293.8 450.5 (203.8)
Prepaid and other current assets 10.2 18.6 (3.3)
Accounts payable (1.6) (153.6) (171.2)
Other current liabilities (45.4) 52.0 (68.4)
Other non-current items (6.2) (30.7) 20.1
Other, net 0.7 4.2 (4.1)
Net cash provided by (used in) operating activities 667.5 531.0 (129.0)
INVESTING ACTIVITIES      
Proceeds from sale of long-lived assets 2.4 2.5 63.3
Investments in property, plant and equipment (84.0) (92.8) (113.5)
Proceeds from loans receivable 0.0 37.0 0.0
Investments in unconsolidated affiliates (21.4) 0.0 0.0
Payment for acquisitions, net of cash acquired 0.0 0.0 (237.3)
Purchase of convertible debt investments 0.0 0.0 (25.0)
Other investing, net 2.6 (12.4) 29.3
Net cash used in investing activities (100.4) (65.7) (283.2)
FINANCING ACTIVITIES      
Borrowings under revolving and bank lines of credit and term loans 648.5 1,336.2 3,617.4
Repayments under revolving and bank lines of credit and term loans (1,039.5) (1,689.8) (2,937.3)
Financing and issuance fees 0.0 (6.4) (9.6)
Dividends paid (151.3) (149.1) (166.2)
Purchase of Common Shares (5.1) (9.3) (257.9)
Cash received from exercise of stock options 3.8 2.3 3.3
Other financing, net 15.7 (4.0) 5.6
Net cash (used in) provided by financing activities (527.9) (520.1) 255.3
Effect of exchange rate changes on cash 0.5 (0.1) (0.4)
Net increase (decrease) in cash and cash equivalents 39.7 (54.9) (157.3)
Cash and cash equivalents at beginning of year 31.9 86.8 244.1
Cash and cash equivalents at end of year $ 71.6 $ 31.9 $ 86.8