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Debt (Tables)

12 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Schedule of Debt

Debt for SBH and SB/RH as of September 30, 2020 and 2019 consists of the following:

						SBH																								SB/RH
						2020												2019												2020												2019
(in millions)						Amount						Rate						Amount						Rate						Amount						Rate						Amount						Rate
Spectrum Brands Inc.
Revolver Facility, variable rate, expiring June 30, 2025						$	—					—		%				$	—					—		%				$	—					—		%				$	—					—		%
6.625% Notes, due November 15, 2022						—						—		%				117.4						6.6		%				—						—		%				117.4						6.6		%
6.125% Notes, due December 15, 2024						250.0						6.1		%				250.0						6.1		%				250.0						6.1		%				250.0						6.1		%
5.75% Notes, due July 15, 2025						1,000.0						5.8		%				1,000.0						5.8		%				1,000.0						5.8		%				1,000.0						5.8		%
4.00% Notes, due October 1, 2026						499.1						4.0		%				465.0						4.0		%				499.1						4.0		%				465.0						4.0		%
5.00% Notes, due October 1, 2029						300.0						5.0		%				300.0						5.0		%				300.0						5.0		%				300.0						5.0		%
5.50% Notes, due July 15, 2030						300.0						5.5		%				—						—		%				300.0						5.5		%				—						—		%
Other notes and obligations						3.2						7.6		%				9.5						10.4		%				3.2						7.6		%				9.5						10.4		%
Obligations under capital leases						160.5						5.6		%				165.6						5.6		%				160.5						5.6		%				165.6						5.6		%
Total Spectrum Brands, Inc. debt						2,512.8												2,307.5												2,512.8												2,307.5
Spectrum Brands Holdings, Inc.
Salus - unaffiliated long-term debt of consolidated VIE						—						—		%				77.0						—		%				—						—		%				—						—		%
Total SBH debt						2,512.8												2,384.5												2,512.8												2,307.5
Unamortized discount on debt						—												(0.2)												—												—
Debt issuance costs						(36.5)												(33.0)												(36.5)												(31.5)
Less current portion						(15.3)												(136.9)												(15.3)												(136.9)
Long-term debt, net of current portion						$	2,461.0											$	2,214.4											$	2,461.0											$	2,139.1

Schedule of Maturities of Debt Obligations

The Company’s aggregate scheduled maturities of debt obligations are as follows:

(in millions)						SBH						SB/RH
2021						$	3.2					$	3.2
2022						—						—
2023						—						—
2024						—						—
2025						1,250.0						1,250.0
Thereafter						1,099.1						1,099.1
Total long-term debt						$	2,352.3					$	2,352.3

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

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