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PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment as of September 30, 2025 and 2024 consist of the following.
(in millions)
20252024
Land, buildings and improvements$91.3 $88.2 
Machinery, equipment and other359.6 337.4 
Computer software146.3 142.6 
Finance leases138.0 141.4 
Construction in progress21.7 25.1 
Property, plant and equipment$756.9 $734.7 
Accumulated depreciation(501.9)(468.1)
Property, plant and equipment, net$255.0 $266.6 
Depreciation expense on property, plant and equipment for the years ended September 30, 2025, 2024, and 2023 is as follows.
(in millions)202520242023
Depreciation expense$56.4 $57.3 $48.9 
During the year ended September 30, 2023, the Company completed the sale of two facilities in its EMEA region, primarily consisting of office space supporting the GPC segment, with total proceeds of $5.2 million and resulting in a gain on sale of $2.7 million, included as Selling, General and Administrative Expense on the Consolidated Statements of Income.
During the year ended September 30, 2023, the Company recognized a $3.9 million impairment charge on idle equipment associated with the early exit of a GPC warehouse lease, included as Selling, General and Administrative Expense on the Consolidated Statements of Income.
Additionally, the Company has deferred implementation costs for hosted cloud computing arrangements as of September 30, 2025 and 2024 as follows.
(in millions)20252024
Deferred cloud computing costs, net$3.7 $8.3 
Reported as:
Prepaid expenses and other current assets3.3 4.3 
Deferred charges and other0.4 4.0 
Amortization expense of deferred implementation costs for hosted cloud computing costs arrangements for the years ended September 30, 2025, 2024, and 2023 is as follows.
(in millions)202520242023
Amortization expense$7.2 $2.6 $1.1