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Leases (Tables)
 12 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Schedule of Leases Recognized in Statement of Financial Position
The following is a summary of the Company’s leases recognized on the Company’s Consolidated Statement of Financial Position as of September 30, 2020:
(in millions)Line Item2020
Assets
OperatingOperating lease assets$103.8 
FinanceProperty, plant and equipment, net136.3 
Total leased assets$240.1 
Liabilities
Current
OperatingOther current liabilities$22.4 
FinanceCurrent portion of long-term debt12.1 
Long-term
OperatingLong-term operating lease liabilities88.8 
FinanceLong-term debt, net of current portion148.4 
Total lease liabilities$271.7 
Schedule of Components of Lease Costs, Cash Flow Disclosures, Lease Terms and Discount Rate
The components of lease costs recognized in the Consolidated Statement of Income for the year ended September 30, 2020 are as follows:
(in millions)2020
Operating lease cost$26.6 
Finance lease cost
Amortization of leased assets14.5 
Interest on lease liability9.1 
Variable lease cost11.7 
Total lease cost$61.9 
The following is a summary of the Company’s cash paid for amounts included in the measurement of lease liabilities recognized in the Consolidated Statement of Cash Flow, including supplemental non-cash activity related to operating leases, for the year ended September 30, 2020:
(in millions)2020
Operating cash flow from operating leases$25.7 
Operating cash flows from finance leases9.1 
Financing cash flows from finance leases11.8 
Supplemental non-cash flow disclosure
Acquisition of operating lease asset through lease obligations24.1 
The following is a summary of weighted-average lease term and discount rate at September 30, 2020:
2020
Weighted average remaining lease term
Operating leases6.6 years
Finance leases15.6 years
Weighted average discount rate
Operating leases4.68 %
Finance leases5.60 %
Schedule of Future Lease Payments Under Operating Leases
At September 30, 2020, future lease payments under operating and finance leases were as follows:
(in millions)Finance LeasesOperating Leases
2021$20.1 $27.2 
202218.1 22.3 
202317.0 20.1 
202416.7 22.5 
202519.6 9.5 
Thereafter162.4 29.3 
Total lease payments253.9 130.9 
Amount representing interest(93.4)(19.7)
Total minimum lease payments$160.5 $111.2 
Schedule of Future Lease Payments Under Finance Leases
At September 30, 2020, future lease payments under operating and finance leases were as follows:
(in millions)Finance LeasesOperating Leases
2021$20.1 $27.2 
202218.1 22.3 
202317.0 20.1 
202416.7 22.5 
202519.6 9.5 
Thereafter162.4 29.3 
Total lease payments253.9 130.9 
Amount representing interest(93.4)(19.7)
Total minimum lease payments$160.5 $111.2 
Schedule of Future Minimum Rental Commitments Under Non-Cancelable Operating Leases
As of September 30, 2019, minimum commitments under the Company’s leases, as required under prior lease guidance, were as follows:
(in millions)Finance LeasesOperating Leases
2020$17.5 $25.0 
202119.7 23.2 
202216.5 20.6 
202315.5 17.8 
202415.4 10.8 
Thereafter179.9 37.5 
Total lease payments264.5 134.9 
Amount representing interest(98.9)— 
Total minimum lease payments$165.6 $134.9