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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Sep. 30, 2021
Current Assets    
Cash and cash equivalents $ 447.4 $ 446.1
Trade receivables, net 312.6 323.5
Receivables from long-term manufacturing contracts 133.8 121.9
Inventories, net 441.7 411.6
Prepaid expenses and other current assets 85.5 75.2
Current assets held for sale 0.0 56.2
Total current assets 1,421.0 1,434.5
Property, plant, and equipment, net 287.9 295.1
Operating lease right-of-use assets, net 128.1 138.1
Intangible assets, net 900.2 913.9
Goodwill 1,165.9 1,168.6
Other long-term assets 91.5 64.7
Total Assets 3,994.6 4,014.9
Current Liabilities    
Trade accounts payable 389.4 361.3
Liabilities from long-term manufacturing contracts and advances 304.3 296.6
Current portion of long-term debt 0.0 0.0
Accrued compensation 83.8 123.5
Current liabilities held for sale 0.0 18.9
Other current liabilities 251.9 234.8
Total current liabilities 1,029.4 1,035.1
Long-term debt 1,213.4 1,212.9
Accrued pension and postretirement healthcare 146.5 151.6
Operating lease liabilities 96.9 105.6
Deferred income taxes 190.4 206.7
Other long-term liabilities 63.4 70.8
Total Liabilities 2,740.0 2,782.7
Commitments and contingencies (Note 15)
SHAREHOLDERS’ EQUITY    
Common stock, no par value (75.8 and 75.8 shares issued, 72.6 and 72.7 shares outstanding) 0.0 0.0
Additional paid-in capital 714.8 725.4
Retained earnings 699.1 666.2
Treasury stock (3.2 and 3.1 shares, at cost) (138.9) (135.7)
Accumulated other comprehensive loss (42.4) (46.3)
Hillenbrand Shareholders’ Equity 1,232.6 1,209.6
Noncontrolling interests 22.0 22.6
Total Shareholders’ Equity 1,254.6 1,232.2
Total Liabilities and Shareholders’ Equity $ 3,994.6 $ 4,014.9