Supplemental Financial Statement Information

3 Months Ended

Dec. 31, 2020

Financial Statement Related Disclosures [Abstract]

Suplemental Financial Statement Information

Supplemental Financial Statement Information

The components of certain income statement accounts are as follows:

	For the Quarter Ended December 31,
	2020		2019
Other items, net
Interest income	$	(0.1)	$	(0.1)
Foreign currency exchange loss/(gain)	1.3		(0.4)
Pension benefit other than service costs	(0.5)		(0.5)
Acquisition foreign currency loss	—		2.2
Transition services agreement income	—		(0.3)
Other	0.1		(0.9)
Total Other items, net	$	0.8	$	—

The components of certain balance sheet accounts are as follows:

	December 31, 2020		September 30, 2020
Inventories
Raw materials and supplies	$	101.2	$	85.2
Work in process	151.8		148.7
Finished products	269.5		277.4
Total inventories	$	522.5	$	511.3
Other Current Assets
Miscellaneous receivables	$	21.2	$	15.8
Due from Spectrum	14.2		30.6
Prepaid expenses	86.7		76.5
Value added tax collectible from customers	34.1		20.4
Other	19.9		14.5
Total other current assets	$	176.1	$	157.8
Property, Plant and Equipment
Land	$	15.8	$	8.9
Buildings	125.6		121.9
Machinery and equipment	842.2		821.4
Capital leases	52.9		51.4
Construction in progress	40.3		39.3
Total gross property	1,076.8		1,042.9
Accumulated depreciation	(709.6)		(690.8)
Total property, plant and equipment, net	$	367.2	$	352.1
Other Current Liabilities
Accrued advertising, sales promotion and allowances	$	22.3	$	12.1
Accrued trade allowances	59.6		45.4
Accrued salaries, vacations and incentive compensation	38.1		68.1
Accrued interest expense	49.0		36.9
Accrued redemption premium	—		55.9
Restructuring reserve	6.6		9.4
Income taxes payable	36.1		30.2
Other	149.3		150.7
Total other current liabilities	$	361.0	$	408.7
Other Liabilities
Pensions and other retirement benefits	$	90.9	$	89.9
Deferred compensation	26.9		26.8
Mandatory transition tax	16.7		16.7
Other non-current liabilities	80.6		78.2
Total other liabilities	$	215.1	$	211.6