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DEBT (Tables)

12 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Debt

Debt as of September 30, 2023 and 2022 consists of the following:

						2023												2022
(in millions)						Amount						Rate						Amount						Rate
Spectrum Brands, Inc.
Revolver Facility, variable rate, expiring June 30, 2025						$	—					—		%				$	740.0					5.7		%
Term Loan Facility, variable rate, due March 3, 2028						—						—		%				394.0						5.2		%
5.75% Notes, due July 15, 2025						—						—		%				450.0						5.8		%
4.00% Notes, due October 1, 2026						448.8						4.0		%				417.1						4.0		%
5.00% Notes, due October 1, 2029						297.2						5.0		%				300.0						5.0		%
5.50% Notes, due July 15, 2030						288.5						5.5		%				300.0						5.5		%
3.875% Notes, due March 15, 2031						453.0						3.9		%				500.0						3.9		%
Obligations under finance leases						86.4						5.3		%				92.7						5.1		%
Total Spectrum Brands, Inc. debt						1,573.9												3,193.8
Unamortized discount on debt						—												(0.8)
Debt issuance costs						(18.4)												(36.2)
Less current portion						(8.6)												(12.3)
Long-term debt, net of current portion						$	1,546.9											$	3,144.5

Schedule of Maturities of Debt Obligations

The Company’s aggregate scheduled maturities of debt obligations are as follows, excluding obligations under capital leases. See Note 13 - Leases for scheduled maturities of obligations under capital leases:

(in millions)						Amount
2024						$	—
2025						—
2026						—
2027						448.8
2028						—
Thereafter						1,038.7
Total long-term debt						$	1,487.5

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

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481544/470-10-50-1

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