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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Sep. 30, 2024
Current Assets    
Cash and equivalents $ 230.6 $ 267.5
Restricted cash 3.0 6.7
Trade receivables, net (net of allowance for doubtful accounts of $2.0 million and $2.8 million as of June 30, 2025 and September 30, 2024, respectively) 182.8 193.0
Inventories:    
Materials 47.6 40.4
Work in process 13.2 4.8
Finished products 129.1 126.3
Total Inventories 189.9 171.5
Amounts due from Becton, Dickinson and Company 10.1 53.8
Prepaid expenses and other 65.1 68.5
Total Current Assets 681.5 761.0
Property, Plant and Equipment, Net 262.7 290.4
Goodwill and Intangible Assets 22.7 23.7
Deferred Income Taxes and Other Assets 190.4 210.2
Total Assets 1,157.3 1,285.3
Current Liabilities    
Accounts payable 61.9 91.0
Accrued expenses 129.1 134.2
Amounts due to Becton, Dickinson and Company 19.5 42.5
Salaries, wages and related items 45.0 66.7
Current debt obligations 9.5 9.5
Current finance lease liabilities 3.4 3.4
Income taxes 7.1 26.7
Total Current Liabilities 275.5 374.0
Deferred Income Taxes and Other Liabilities 63.5 54.1
Long-Term Debt 1,458.8 1,565.3
Non Current Finance Lease Liabilities 29.1 30.2
Contingencies (Note 6)
Embecta Corp. Equity    
Common stock, $0.01 par value Authorized - 250,000,000 Issued and outstanding - 58,473,127 as of June 30, 2025 and 57,707,285 as of September 30, 2024 0.6 0.6
Additional paid-in capital 70.2 52.5
Accumulated deficit (457.1) (498.6)
Accumulated other comprehensive loss (283.3) (292.8)
Total Equity (669.6) (738.3)
Total Liabilities and Equity $ 1,157.3 $ 1,285.3