GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in the Carrying Amount of Goodwill by Reporting Segment

Goodwill, by segment, consists of the following:


(in millions)	GPC		H&G		Total
As of September 30, 2019	$	430.4	$	195.6	$	626.0
Omega Sea acquisition (Note 4)	8.6		—		8.6
Allocated to Coevorden Operations divestiture (Note 3)	(10.6)		—		(10.6)
Foreign currency impact	3.2		—		3.2
As of September 30, 2020	$	431.6	$	195.6	$	627.2
Rejuvenate acquisition (Note 4)	—		147.0		147.0
Armitage acquisition (Note 4)	90.7		—		90.7
Foreign currency impact	2.3		—		2.3
As of September 30, 2021	$	524.6	$	342.6	$	867.2

Schedule of Carrying Value and Accumulated Amortization for Intangible Assets

The carrying value of indefinite lived intangible and definite lived intangible assets subject to amortization and accumulated amortization are as follows:


	2021						2020
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Amortizable Intangible Assets
Customer relationships	$	619.6	$	(352.3)	$	267.3	$	596.5	$	(319.1)	$	277.4
Technology assets	75.3		(25.8)		49.5		124.7		(59.6)		65.1
Tradenames	158.4		(141.9)		16.5		156.8		(128.5)		28.3
Total Amortizable Intangible Assets	853.3		(520.0)		333.3		878.0		(507.2)		370.8
Indefinite-lived Intangible Assets - Tradenames	870.8		—		870.8		675.9		—		675.9
Total Intangible Assets	$	1,724.1	$	(520.0)	$	1,204.1	$	1,553.9	$	(507.2)	$	1,046.7

Schedule of Future Amortization Expense

Excluding the impact of any future acquisitions or changes in foreign currency, the Company anticipates the annual amortization expense of intangible assets for the next five fiscal years will be as follows:


(in millions)	Amortization
2022	$	49.2
2023	40.2
2024	40.2
2025	38.1
2026	36.5