ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

6 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Accumulated Other Comprehensive Income

The change in the components of AOCI for the six month period ended March 31, 2024, was as follows:

(in millions)	Foreign Currency Translation		Derivative Instruments		Defined Benefit Pension		Total
Balance at September 30, 2023	$	(216.1)	$	1.4	$	(34.7)	$	(249.4)
Other comprehensive income (loss) before reclassification	15.4		(10.6)		(1.1)		3.7
Net reclassification for loss to income from continuing operations	—		5.1		0.2		5.3
Other comprehensive income (loss) before tax	15.4		(5.5)		(0.9)		9.0
Deferred tax effect	5.6		1.5		0.2		7.3
Other comprehensive income (loss), net of tax	21.0		(4.0)		(0.7)		16.3
Less: other comprehensive income from continuing operations attributable to non-controlling interest	0.1		—		—		0.1
Other comprehensive income (loss) attributable to controlling interest	20.9		(4.0)		(0.7)		16.2
Balance at December 31, 2023	(195.2)		(2.6)		(35.4)		(233.2)
Other comprehensive (loss) income before reclassification	(0.4)		1.4		0.3		1.3
Net reclassification for loss to income from continuing operations	—		4.8		0.2		5.0
Other comprehensive (loss) income before tax	(0.4)		6.2		0.5		6.3
Deferred tax effect	(2.9)		(1.6)		0.1		(4.4)
Other comprehensive (loss) income , net of tax	(3.3)		4.6		0.6		1.9
Less: other comprehensive loss from continuing operations attributable to non-controlling interest	(0.1)		—		—		(0.1)
Other comprehensive (loss) income attributable to controlling interest	(3.2)		4.6		0.6		2.0
Balance at March 31, 2024	$	(198.4)	$	2.0	$	(34.8)	$	(231.2)

The change in the components of AOCI for the six month period ended April 2, 2023, was as follows:

(in millions)	Foreign Currency Translation		Derivative Instruments		Defined Benefit Pension		Total
Balance at September 30, 2022	$	(285.9)	$	16.8	$	(34.0)	$	(303.1)
Other comprehensive income (loss) before reclassification	26.6		(25.4)		(2.3)		(1.1)
Net reclassification for (gain) loss to income from continuing operations	—		(2.5)		0.9		(1.6)
Other comprehensive income (loss) before tax	26.6		(27.9)		(1.4)		(2.7)
Deferred tax effect	8.8		7.2		1.2		17.2
Other comprehensive income (loss), net of tax	35.4		(20.7)		(0.2)		14.5
Less: other comprehensive income from continuing operations attributable to non-controlling interest	0.2		—		—		0.2
Less: other comprehensive income from discontinued operations attributable to non-controlling interest	0.1		—		—		0.1
Other comprehensive income (loss) attributable to controlling interest	35.1		(20.7)		(0.2)		14.2
Balance at January 1, 2023	(250.8)		(3.9)		(34.2)		(288.9)
Other comprehensive income (loss) before reclassification	14.6		(7.1)		0.1		7.6
Net reclassification for loss (gain) to income from continuing operations	—		4.9		(0.7)		4.2
Net reclassification for gain to income from discontinued operations	—		(0.1)		—		(0.1)
Other comprehensive income (loss) before tax	14.6		(2.3)		(0.6)		11.7
Deferred tax effect	3.7		0.7		0.1		4.5
Other comprehensive income (loss), net of tax	18.3		(1.6)		(0.5)		16.2
Less: other comprehensive income from continuing operations attributable to non-controlling interest	0.1		—		—		0.1
Less: other comprehensive income from discontinued operations attributable to non-controlling interest	0.1		—		—		0.1
Other comprehensive income (loss) attributable to controlling interest	18.1		(1.6)		(0.5)		16.0
Balance at April 2, 2023	$	(232.7)	$	(5.5)	$	(34.7)	$	(272.9)

Reclassification out of Accumulated Other Comprehensive Income

The following table presents reclassifications of the gain (loss) on the Condensed Consolidated Statements of Income from AOCI for the periods indicated:

(in millions)	Three Month Period Ended March 31, 2024							Six Month Period Ended March 31, 2024
		Derivative Instruments		Defined Benefit Pension		Total			Derivative Instruments		Defined Benefit Pension		Total
Net Sales		$	0.1	$	—	$	0.1		$	0.1	$	—	$	0.1
Cost of goods sold		(4.9)		—		(4.9)			(10.0)		—		(10.0)
Other non-operating expense (income), net		—		(0.2)		(0.2)			—		(0.4)		(0.4)

The following table presents reclassifications of the gain (loss) on the Condensed Consolidated Statements of Income from AOCI for the periods indicated:

(in millions)	Three Month Period Ended April 2, 2023						Six Month Period Ended April 2, 2023
	Derivative Instruments		Defined Benefit Pension		Total		Derivative Instruments		Defined Benefit Pension		Total
Net Sales	$	—	$	—	$	—	$	0.1	$	—	$	0.1
Cost of goods sold	(4.9)		—		(4.9)		(2.5)		—		(2.5)
Other non-operating expense (income), net	—		0.7		0.7		—		(0.2)		(0.2)
Income from discontinued operations, net of tax	0.1		—		0.1		0.1		—		0.1