Income Taxes

6 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES

Effective Tax Rate

Our effective tax rate was 18.6% and 17.8% for the three and six months ended 31 March 2022, respectively. Our effective tax rate was 20.4% and 19.8% for the three and six months ended 31 March 2021, respectively.

Cash Paid for Taxes (Net of Cash Refunds)

Income tax payments, net of refunds, were $236.9 and $223.8 for the six months ended 31 March 2022 and 2021, respectively. Fiscal year 2021 reflects an income tax refund of $6.7 that is related to cash provided by discontinued operations.