XML 29 R19.htm IDEA: XBRL DOCUMENT v3.22.1
Property, Plant and Equipment
6 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, Plant and Equipment, Net consisted of:
 As of March 31, 2022As of September 30, 2021
Land$1.6 $3.6 
Buildings98.2 120.4 
Machinery, equipment and fixtures522.7 570.8 
Leasehold improvements6.5 6.1 
Construction in progress145.7 190.8 
 $774.7 $891.7 
Less: accumulated depreciation(419.0)(440.7)
Total Property, Plant and Equipment, Net$355.7 $451.0 
The Company's property, plant and equipment assets as of March 31, 2022 decreased by $95.3 million, primarily due to various transfer of assets from Embecta to BD. Approximately $67.5 million of these transferred assets relate to construction-in-progress machinery and equipment, primarily driven by the transfer of a production line in Ireland. Additionally, there was $4.8 million and $3.7 million of machinery and equipment transferred to BD from China and the United States, respectively. These assets will be retained by BD subsequent to the spin off. The remaining difference is due to a stronger U.S. dollar as compared to the prior-year period, which resulted in a decrease in Euro denominated property, plant and equipment.