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REVENUE RECOGNITION AND RECEIVABLES (Tables) | 6 Months Ended
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Mar. 30, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table disaggregates our revenue for the three and six month periods ended March 30, 2025 and March 31, 2024, by segment and geographic region (based upon destination) and revenue type:
|  | Three Month Period Ended March 30, 2025 |  | Three Month Period Ended March 31, 2024
(in millions) |  | GPC |  | H&G |  | HPC |  | Total |  | GPC |  | H&G |  | HPC |  | Total
Geographic Region |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
NA |  | $ | 165.4 |  |  | $ | 150.3 |  |  | $ | 97.0 |  |  | $ | 412.7 |  |  | $ | 182.7 |  |  | $ | 159.1 |  |  | $ | 105.7 |  |  | $ | 447.5 |
EMEA |  | 95.0 |  |  | — |  |  | 99.6 |  |  | 194.6 |  |  | 97.8 |  |  | — |  |  | 102.3 |  |  | 200.1 |
LATAM |  | 3.1 |  |  | 2.0 |  |  | 45.1 |  |  | 50.2 |  |  | 2.9 |  |  | 1.6 |  |  | 44.8 |  |  | 49.3 |
APAC |  | 5.7 |  |  | — |  |  | 12.5 |  |  | 18.2 |  |  | 6.5 |  |  | — |  |  | 15.1 |  |  | 21.6 |
Total revenue |  | $ | 269.2 |  |  | $ | 152.3 |  |  | $ | 254.2 |  |  | $ | 675.7 |  |  | $ | 289.9 |  |  | $ | 160.7 |  |  | $ | 267.9 |  |  | $ | 718.5 |
Revenue type |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product sales |  | $ | 266.1 |  |  | $ | 151.7 |  |  | $ | 252.3 |  |  | $ | 670.1 |  |  | $ | 286.4 |  |  | $ | 160.0 |  |  | $ | 266.0 |  |  | $ | 712.4 |
Licensing |  | 2.1 |  |  | 0.6 |  |  | 1.7 |  |  | 4.4 |  |  | 2.2 |  |  | 0.7 |  |  | 1.8 |  |  | 4.7 |
Service and other |  | 1.0 |  |  | — |  |  | 0.2 |  |  | 1.2 |  |  | 1.3 |  |  | — |  |  | 0.1 |  |  | 1.4 |
Total revenue |  | $ | 269.2 |  |  | $ | 152.3 |  |  | $ | 254.2 |  |  | $ | 675.7 |  |  | $ | 289.9 |  |  | $ | 160.7 |  |  | $ | 267.9 |  |  | $ | 718.5 |
|  | Six Month Period Ended March 30, 2025 |  | Six Month Period Ended March 31, 2024
(in millions) |  | GPC |  | H&G |  | HPC |  | Total |  | GPC |  | H&G |  | HPC |  | Total
Geographic Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
NA |  | $ | 317.4 |  |  | $ | 240.8 |  |  | $ | 228.2 |  |  | $ | 786.4 |  |  | $ | 355.3 |  |  | $ | 229.5 |  |  | $ | 241.5 |  |  | $ | 826.3 |
EMEA |  | 194.0 |  |  | — |  |  | 257.4 |  |  | 451.4 |  |  | 193.0 |  |  | — |  |  | 247.6 |  |  | 440.6 |
LATAM |  | 5.2 |  |  | 3.6 |  |  | 85.1 |  |  | 93.9 |  |  | 5.8 |  |  | 3.2 |  |  | 88.1 |  |  | 97.1 |
APAC |  | 12.6 |  |  | — |  |  | 31.6 |  |  | 44.2 |  |  | 12.7 |  |  | — |  |  | 34.0 |  |  | 46.7 |
Total revenue |  | $ | 529.2 |  |  | $ | 244.4 |  |  | $ | 602.3 |  |  | $ | 1,375.9 |  |  | $ | 566.8 |  |  | $ | 232.7 |  |  | $ | 611.2 |  |  | $ | 1,410.7 |
Revenue type |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product Sales |  | $ | 523.2 |  |  | $ | 243.6 |  |  | $ | 598.6 |  |  | $ | 1,365.4 |  |  | $ | 559.5 |  |  | $ | 231.6 |  |  | $ | 607.3 |  |  | $ | 1,398.4 |
Licensing |  | 4.2 |  |  | 0.8 |  |  | 3.4 |  |  | 8.4 |  |  | 4.7 |  |  | 1.1 |  |  | 3.6 |  |  | 9.4 |
Service and other |  | 1.8 |  |  | — |  |  | 0.3 |  |  | 2.1 |  |  | 2.6 |  |  | — |  |  | 0.3 |  |  | 2.9 |
Total revenue |  | $ | 529.2 |  |  | $ | 244.4 |  |  | $ | 602.3 |  |  | $ | 1,375.9 |  |  | $ | 566.8 |  |  | $ | 232.7 |  |  | $ | 611.2 |  |  | $ | 1,410.7 |
Schedule of Significant Concentration Risk Associated | The following table summarizes significant concentration risk associated with net sales for the three and six month periods ended March 30, 2025 and March 31, 2024.
|  | Three month periods ended |  | Six month periods ended
(% of Net Sales) |  | March 30, 2025 |  | March 31, 2024 |  | March 30, 2025 |  | March 31, 2024
Significant customers, exceeding 10% of net sales |  | 34.8 | % |  | 33.5 | % |  | 36.4 | % |  | 35.8 | %
Subject to Black & Decker trademark license agreement |  | 11.0 | % |  | 10.9 | % |  | 11.8 | % |  | 12.2 | %
The following summarizes the concentration risk of the associated receivables from the two significant customers. There were no additional concentrations of credit risk exceeding 10% of net trade receivables.
(% of Trade Receivables, Net) |  | March 30, 2025 |  | September 30, 2024
Significant customers |  | 43.1 | % |  | 42.6 | %
Schedule of Allowance Product Returns | The following summarizes the allowance for product returns with direct customers and estimated credit losses on trade receivables as of March 30, 2025 and September 30, 2024. Costs and reserves associated with standard product warranties with consumers are not material to the condensed consolidated financial statements.
(in millions) |  | Line Item |  | March 30, 2025 |  | September 30, 2024
Liability for product returns |  | Other current liabilities |  | $ | 10.1 |  |  | $ | 14.4 |
Allowance for doubtful accounts |  | Trade receivables, net |  | 7.4 |  |  | 8.1

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