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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities    
Net Income $ 69.0 $ 63.7
Adjustments to net income to derive net cash provided by operating activities:    
Depreciation and amortization 27.6 26.7
Amortization of debt issuance costs 6.5 4.8
Impairment of property, plant and equipment 10.6 0.0
Amortization of cloud computing arrangements 7.8 3.8
Stock-based compensation 22.1 20.1
Deferred income taxes 11.9 (42.9)
Change in operating assets and liabilities:    
Trade receivables, net 11.7 (156.2)
Inventories (11.3) (32.8)
Due from/due to Becton, Dickinson and Company 19.8 49.2
Prepaid expenses and other 2.6 53.7
Accounts payable, accrued expenses and other current liabilities (57.2) 34.5
Income and other net taxes payable (16.9) 7.2
Other assets and liabilities, net 3.5 (22.7)
Net cash provided by operating activities 107.7 9.1
Investing Activities    
Capital expenditures (2.0) (15.8)
Net cash used for investing activities (2.0) (15.8)
Financing Activities    
Payments on long-term debt (112.2) (7.2)
Payments related to tax withholding for stock-based compensation (5.7) (2.8)
Payments on finance lease (1.0) (1.0)
Dividend payments (26.2) (25.8)
Net cash used for financing activities (145.1) (36.8)
Effect of exchange rate changes on cash and equivalents and restricted cash (1.2) (1.2)
Net Change in Cash and equivalents and restricted cash (40.6) (44.7)
Opening Cash and equivalents and restricted cash 274.2 326.5
Closing Cash and equivalents and restricted cash $ 233.6 $ 281.8