LEASES (Tables)

12 Months Ended

Sep. 30, 2022

Leases [Abstract]

Supplemental Balance Sheet Information Schedule and Weighted-average remaining lease term

Supplemental balance sheet information related to the Company’s leases was as follows:

	Balance Sheet Location	September 30, 2022		September 30, 2021
Operating leases:
Right-of-use assets	Other assets	$	288.9	$	293.0
Current lease liabilities	Other current liabilities	76.2		66.4
Non-current lease liabilities	Other liabilities	223.2		234.4
Total operating lease liabilities		$	299.4	$	300.8
Finance leases:
Right-of-use assets	Property, plant and equipment, net	$	26.4	$	31.3
Current lease liabilities	Current portion of debt	6.4		5.9
Non-current lease liabilities	Long-term debt	22.5		27.5
Total finance lease liabilities		$	28.9	$	33.4

Weighted-average remaining lease term and discount rate for the Company’s leases were as follows:

	September 30, 2022
Weighted-average remaining lease term (in years):
Operating leases	4.9
Finance leases	7.3
Weighted-average discount rate:
Operating leases	3.5	%
Finance leases	4.3	%

Components of lease cost

Components of lease cost were as follows:

	Year Ended September 30,
	2022		2021
Operating lease cost (a)	$	86.7	$	70.3
Variable lease cost	35.9		29.4
Finance lease cost
Amortization of right-of-use assets	6.4		6.0
Interest on lease liabilities	1.2		1.4
Total finance lease cost	$	7.6	$	7.4

(a)Operating lease cost includes amortization of ROU assets of $75.3 and $62.3 for fiscal 2022 and fiscal 2021, respectively. Short-term lease expense is excluded from operating lease cost and was $19.1 and $22.8 for fiscal 2022 and fiscal 2021, respectively.

Supplemental cash flow information and non-cash activity related to the Company’s leases were as follows:

	Year Ended September 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases, net	$	83.9	$	66.9
Operating cash flows from finance leases	1.2		1.4
Financing cash flows from finance leases	5.9		5.3
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	71.9	$	200.0
Finance leases	1.5		2.6

Maturities of Operating Lease Liabilities by Fiscal Year Schedule

Maturities of lease liabilities by fiscal year for the Company’s leases as of September 30, 2022 were as follows:

Year	Operating Leases		Finance Leases
2023	$	85.2	$	7.5
2024	78.0		7.5
2025	61.2		3.3
2026	42.2		2.2
2027	18.9		1.9
Thereafter	40.5		11.8
Total lease payments	326.0		34.2
Less: Imputed interest	(26.6)		(5.3)
Total lease liabilities	$	299.4	$	28.9

Maturities of Finance Lease Liabilities by Fiscal Year Schedule

Maturities of lease liabilities by fiscal year for the Company’s leases as of September 30, 2022 were as follows:

Year	Operating Leases		Finance Leases
2023	$	85.2	$	7.5
2024	78.0		7.5
2025	61.2		3.3
2026	42.2		2.2
2027	18.9		1.9
Thereafter	40.5		11.8
Total lease payments	326.0		34.2
Less: Imputed interest	(26.6)		(5.3)
Total lease liabilities	$	299.4	$	28.9