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GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
Dec. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Goodwill, by segment, consists of the following:
(in millions)
GPC
H&G
Total
As of September 30, 2024$522.3 $342.6 $864.9 
Foreign currency impact(8.4)— (8.4)
As of December 29, 2024$513.9 $342.6 $856.5 
The carrying value and accumulated amortization of intangible assets are as follows:
December 29, 2024September 30, 2024
(in millions)Gross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNet
Amortizable intangible assets:
Customer relationships$634.0 $(455.4)$178.6 $641.8 $(452.3)$189.5 
Technology assets75.3 (42.3)33.0 75.3 (41.0)34.3 
Tradenames27.7 (11.2)16.5 27.9 (10.9)17.0 
Total amortizable intangible assets737.0 (508.9)228.1 745.0 (504.2)240.8 
Indefinite-lived intangible assets – tradenames734.8 — 734.8 749.6 — 749.6 
Total intangible assets$1,471.8 $(508.9)$962.9 $1,494.6 $(504.2)$990.4 
Amortization expense on intangible assets for the three month periods ended December 29, 2024 and December 31, 2023 is as follows.
(in millions)December 29, 2024December 31, 2023
Amortization expense$10.5 $11.1 
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
2025$40.6 
202639.5 
202739.5 
202837.0 
202929.2