XML 74 R45.htm IDEA: XBRL DOCUMENT
v3.24.3

DEBT (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Debt | Debt as of September 30, 2024 and 2023 consist of the following:
|  | 2024 |  | 2023
(in millions) |  | Amount |  | Rate |  | Amount |  | Rate
3.375% Exchangeable Notes, due June 1, 2029 |  | $ | 350.0 |  |  | 3.4 | % |  | $ | — |  |  | — | %
4.00% Notes, due October 1, 2026 |  | — |  |  | — | % |  | 448.8 |  |  | 4.0 | %
5.00% Notes, due October 1, 2029 |  | 4.9 |  |  | 5.0 | % |  | 297.2 |  |  | 5.0 | %
5.50% Notes, due July 15, 2030 |  | 13.2 |  |  | 5.5 | % |  | 288.5 |  |  | 5.5 | %
3.875% Notes, due March 15, 2031 |  | 128.0 |  |  | 3.9 | % |  | 453.0 |  |  | 3.9 | %
Obligations under finance leases |  | 81.6 |  |  | 5.4 | % |  | 86.4 |  |  | 5.3 | %
Total debt |  | 577.7 |  |  |  |  | 1,573.9 |  |  |
Debt issuance costs |  | (16.9) |  |  |  |  | (18.4) |  |  |
Less current portion |  | (9.4) |  |  |  |  | (8.6) |  |  |
Long-term debt, net of current portion |  | $ | 551.4 |  |  |  |  | $ | 1,546.9 |  |  |
Schedule of Maturities of Debt Obligations | The aggregate scheduled maturities of debt obligations are as follows, excluding obligations under capital leases. See Note 12 - Leases for scheduled maturities of obligations under capital leases:
(in millions) |  | Amount
2025 |  | $ | — |
2026 |  | — |
2027 |  | — |
2028 |  | — |
2029 |  | 350.0 |
Thereafter |  | 146.1 |
Total long-term debt |  | $ | 496.1 |
Schedule of Long-Term Debt Instruments | The following summarizes the results of the cash tender of the Tendered Offer and full redemption of the 2026 Notes (excluding amounts paid for unpaid and accrued interest), the write-off of unamortized debt issuance costs and loss (gain) from early extinguishment of debt realized during the year ended September 30, 2024:
(in millions) |  | Amounts Tendered |  | Amounts Paid |  |  |  |  |  | Premium (Discount) Realized |  | Unamortized Debt Issuance Costs |  | Loss (Gain) on Early Extinguishment
2026 Notes |  | $ | 462.0 |  |  | $ | 462.1 |  |  |  |  |  |  | $ | 0.1 |  |  | $ | 2.2 |  |  | $ | 2.3 |
2029 Notes |  | 284.2 |  |  | 284.2 |  |  |  |  |  |  | — |  |  | 2.9 |  |  | 2.9 |
2030 Notes |  | 142.5 |  |  | 142.5 |  |  |  |  |  |  | — |  |  | 2.0 |  |  | 2.0 |
2031 Notes |  | 285.7 |  |  | 277.7 |  |  |  |  |  |  | (8.0) |  |  | 3.0 |  |  | (5.0) |
Total |  | $ | 1,174.4 |  |  | $ | 1,166.5 |  |  |  |  |  |  | $ | (7.9) |  |  | $ | 10.1 |  |  | $ | 2.2 |
Schedule of Debt Repurchase Activity | The following summarizes the repurchase activity for each of the respective Senior Notes, including the amounts paid (excluding amounts paid for unpaid and accrued interest) for debt repurchases, the write-off of unamortized debt issuance costs and gain from early extinguishment realized during the years ended September 30, 2024 and 2023:
|  | 2024 |  | 2023
(in millions) |  | Amounts Repurchased |  | Amounts Paid |  | Unamortized Debt Issuance Costs |  | Gain on Early Extinguishment |  | Amounts Repurchased |  | Amounts Paid |  | Unamortized Debt Issuance Costs |  | Gain on Early Extinguishment
2029 Notes |  | $ | 8.1 |  |  | $ | 7.8 |  |  | $ | 0.1 |  |  | $ | 0.2 |  |  | $ | 2.8 |  |  | $ | 2.6 |  |  | $ | — |  |  | $ | 0.2 |
2030 Notes |  | 132.8 |  |  | 130.5 |  |  | 2.0 |  |  | 0.3 |  |  | 11.5 |  |  | 10.7 |  |  | 0.2 |  |  | 0.6 |
2031 Notes |  | 39.2 |  |  | 34.6 |  |  | 0.4 |  |  | 4.2 |  |  | 47.1 |  |  | 39.4 |  |  | 0.6 |  |  | 7.1 |
Total |  | $ | 180.1 |  |  | $ | 172.9 |  |  | $ | 2.5 |  |  | $ | 4.7 |  |  | $ | 61.4 |  |  | $ | 52.7 |  |  | $ | 0.8 |  |  | $ | 7.9 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477734/942-470-50-3 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-8 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-6 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of debt extinguished which may include, amount of gain (loss), the income tax effect and the per share amount of the aggregate gain (loss), net of the related income tax. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481244/470-50-50-1 + Details
Name: | us-gaap_ScheduleOfExtinguishmentOfDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration