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INCOME TAXES (Tables)
12 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Provision (Benefit) For Income Taxes Allocated to Continuing Operations
The provision (benefit) for income taxes consisted of the following:
Year Ended September 30,
 202520242023
Current:
Federal$(5.4)$2.4 $3.7 
State2.5 2.5 0.6 
Foreign2.6 (5.3)1.6 
Total current(0.3)(0.4)5.9 
Deferred:
Federal60.3 11.6 (62.1)
State10.1 (3.8)(5.2)
Foreign6.4 3.9 (11.8)
Total deferred76.8 11.7 (79.1)
Income tax expense (benefit)$76.5 $11.3 $(73.2)
The Domestic and Foreign Components of Income From Continuing Operations Before Income Taxes
The domestic and foreign components of income (loss) before income taxes were as follows:
 Year Ended September 30,
 202520242023
Domestic$249.1 $(10.8)$(376.2)
Foreign(27.4)(12.8)(77.1)
Income (loss) before income taxes$221.7 $(23.6)$(453.3)
Reconciliation of the Federal Corporate Income Tax Rate and the Effective Tax Rate
A reconciliation of the federal corporate income tax rate and the effective tax rate on income (loss) before income taxes is summarized below:
 Year Ended September 30,
 202520242023
Statutory income tax rate21.0 %21.0 %21.0 %
Effect of foreign operations0.3 (2.0)0.2 
State taxes, net of federal benefit5.5 8.0 3.2 
Effect of other permanent differences2.2 (32.8)(0.8)
Research and Experimentation and other federal tax credits(0.3)2.9 0.2 
Effect of tax contingencies(0.5)3.7 0.1 
Change in valuation allowances5.4 (57.4)(8.7)
Other0.9 8.7 1.0 
Effective income tax rate34.5 %(47.9)%16.2 %
Components of Deferred Income Tax Assets and Liabilities
Deferred income taxes arise from temporary differences between financial reporting and tax reporting bases of assets and liabilities, and operating loss and tax credit carryforwards for tax purposes. The components of the deferred income tax assets and liabilities were as follows:
 September 30,
 20252024
DEFERRED TAX ASSETS
Lease liabilities$69.4 $67.6 
Outside basis difference in equity investments62.7 23.1 
Interest limitation carryforward59.6 55.9 
Accrued liabilities43.8 43.2 
Net operating loss carryovers39.6 56.4 
Foreign tax credit carryovers13.7 15.2 
Intangible assets13.6 62.2 
Inventories13.4 16.1 
Convertible debt investments4.7 43.6 
Other22.2 22.4 
Gross deferred tax assets342.7 405.7 
Valuation allowance(96.8)(96.5)
Total deferred tax assets245.9 309.2 
DEFERRED TAX LIABILITIES
Lease right-of-use assets(65.0)(62.0)
Property, plant and equipment(62.3)(58.5)
Other(5.1)(4.4)
Total deferred tax liabilities(132.4)(124.9)
Net deferred tax asset$113.5 $184.3 
Schedule of Unrecognized Tax Benefits Roll Forward
A reconciliation of the unrecognized tax benefits is as follows:
Year Ended September 30,
202520242023
Balance at beginning of year$25.7 $34.6 $35.8 
Additions for tax positions of the current year0.2 0.2 0.2 
Additions for tax positions of prior years— 0.1 3.8 
Reductions for tax positions of prior years— (3.7)(0.2)
Settlements with tax authorities— (0.7)(0.1)
Expiration of statutes of limitation(3.1)(4.8)(4.9)
Balance at end of year$22.8 $25.7 $34.6