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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Sep. 30, 2021
Current Assets    
Cash and cash equivalents $ 292.3 $ 0.0
Trade receivables, net (net of allowance for doubtful accounts of $1.2 million in 2022 and $2.8 million in 2021) 22.2 150.6
Inventories:    
Materials 12.0 13.1
Work in process 17.7 21.0
Finished products 100.6 83.9
Inventories 130.3 118.0
Amounts due from Becton, Dickinson and Company 97.0 0.0
Prepaid expenses and other 38.8 23.2
Total Current Assets 580.6 291.8
Property, Plant and Equipment, Net 375.7 451.0
Goodwill and Other Intangible Assets 25.0 33.9
Other Assets 68.5 11.3
Total Assets 1,049.8 788.0
Current Liabilities    
Accounts payable 64.3 54.2
Accrued expenses 89.6 81.6
Salaries, wages and related items 41.1 28.2
Current debt obligations 9.5 0.0
Current finance lease liabilities 3.6 0.0
Income taxes 20.4 0.0
Total Current Liabilities 228.5 164.0
Deferred Income Taxes and Other Liabilities 36.8 29.7
Long-Term Debt 1,599.2 0.0
Non Current Finance Lease Liabilities 32.9 0.0
Commitments and Contingencies (Note 5)
Embecta Corp. Equity    
Common stock, $0.01 par value Authorized - 250,000,000 Issued and outstanding - 57,806,040 0.6  
Additional paid-in capital 5.8  
Accumulated deficit (556.0)  
Net Investment from Becton, Dickinson and Company   864.8
Accumulated other comprehensive loss (298.0) (270.5)
Total Equity (847.6) 594.3
Total Liabilities and Equity $ 1,049.8 $ 788.0