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Leases (Tables)
6 Months Ended
Mar. 31, 2020
Leases  
Schedule of Operating Lease Portfolio

Operating Lease Portfolio

March 31,

2020

Right-of-use assets

$

85.7

Lease liabilities

 

93.9

Weighted average remaining lease term

 

7.1 years

Weighted average discount rate

 

3.00%

Schedule of operating Expense and Other Information

Operating Lease Expense

Three Months Ended

Six Months Ended

 

March 31,

March 31,

2020

2020

Operating lease expense

$

4.8

$

9.4

Short-term lease expense

0.1

0.1

Variable lease expense

0.7

1.8

Total lease expense

$

5.6

$

11.3

Other Information

Six Months Ended

 

March 31,

2020

Cash paid for amounts included in the measurement of lease liabilities

$

9.1

Right-of-use assets obtained in exchange for new operating lease liabilities

 

18.0

Schedule of Maturities of Lease Liabilities

Our future minimum lease commitments of our operating leases on an undiscounted basis, reconciled to the lease liability at March 31, 2020 were as follows (in millions):

2020

    

$

9.1

 

2021

 

17.2

2022

 

15.0

2023

 

13.1

2024

 

12.2

Thereafter

 

38.5

Total lease payments

105.1

Less: imputed interest

(11.2)

Present value of operating lease liabilities

$

93.9