XML 54 R43.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurement (Tables)
 9 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Assets and Liabilities

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SERP plan assets (a)

 

$

21.8

 

 

$

—

 

 

$

—

 

 

$

21.8

 

Foreign currency exchange derivatives (b)

 

 

—

 

 

 

1.2

 

 

 

—

 

 

 

1.2

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency exchange derivatives (b)

 

$

—

 

 

$

2.1

 

 

$

—

 

 

$

2.1

 

 

September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SERP plan assets (a)

 

$

21.4

 

 

$

—

 

 

$

—

 

 

$

21.4

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency exchange derivatives (b)

 

$

—

 

 

$

2.5

 

 

$

—

 

 

$

2.5

 

 

(a)

Represents investments held in a rabbi trust for the Company’s non-qualified supplemental executive retirement plan (SERP). The fair values of these investments are determined using a market approach. Investments include mutual funds for which quoted prices in active markets are available. The Company records changes in the fair value of investments in “Miscellaneous, net” in the Condensed Consolidated Statements of Income.

(b)

Based on observable market transactions of forward currency prices.