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GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in the Carrying Amount of Goodwill by Reporting Segment | Goodwill consists of the following:
(in millions) |  | GPC |  | H&G |  | Total
As of September 30, 2023 |  | $ | 512.1 |  |  | $ | 342.6 |  |  | $ | 854.7 |
Foreign currency impact |  | 3.6 |  | — |  |  | 3.6 |
As of March 31, 2024 |  | $ | 515.7 |  |  | $ | 342.6 |  |  | $ | 858.3 |
Schedule of Carrying Value and Accumulated Amortization for Intangible Assets | The carrying value and accumulated amortization of intangible assets are as follows:
|  | March 31, 2024 |  | September 30, 2023
(in millions) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 637.5 |  |  | $ | (431.9) |  |  | $ | 205.6 |  |  | $ | 635.0 |  |  | $ | (412.9) |  |  | $ | 222.1 |
Technology assets |  | 75.3 |  |  | (38.5) |  |  | 36.8 |  |  | 75.3 |  |  | (35.9) |  |  | 39.4 |
Tradenames |  | 28.8 |  |  | (9.7) |  |  | 19.1 |  |  | 27.6 |  |  | (7.4) |  |  | 20.2 |
Total amortizable intangible assets |  | 741.6 |  |  | (480.1) |  |  | 261.5 |  |  | 737.9 |  |  | (456.2) |  |  | 281.7 |
Indefinite-lived intangible assets – tradenames |  | 740.8 |  |  | — |  |  | 740.8 |  |  | 778.4 |  |  | — |  |  | 778.4 |
Total Intangible Assets |  | $ | 1,482.4 |  |  | $ | (480.1) |  |  | $ | 1,002.3 |  |  | $ | 1,516.3 |  |  | $ | (456.2) |  |  | $ | 1,060.1 |
Schedule of Future Amortization Expense | Excluding the impact of any future acquisitions, dispositions or changes in foreign currency, the Company estimates annual amortization expense of intangible assets for the next five fiscal years will be as follows:
(in millions) |  | Amortization
2024 |  | $ | 44.4 |
2025 |  | 41.3 |
2026 |  | 39.7 |
2027 |  | 39.7 |
2028 |  | 37.9 |

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