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Retirement and Other Benefit Plans (Tables)
12 Months Ended
Sep. 30, 2020
Retirement and Other Benefit Plans  
Schedule Of Reconciliation Of Benefit Obligation

(Dollars in millions)

    

Reconciliation of benefit obligation

    

2020

    

2019

Net benefit obligation at beginning of year

$

100.1

 

89.8

Interest cost

 

3.0

 

3.7

Actuarial loss

 

6.9

 

11.3

Gross benefits paid

 

(4.8)

 

(4.7)

Settlements

 

(102.4)

 

Net benefit obligation at end of year

$

2.8

 

100.1

Schedule Of Reconciliation Of Fair Value Of Plan Assets

(Dollars in millions)

    

    

    

    

Reconciliation of fair value of plan assets

2020

2019

Fair value of plan assets at beginning of year

$

77.2

 

73.3

Actual return on plan assets

 

3.6

 

5.9

Employer contributions

 

26.4

 

2.7

Gross benefits paid

 

(4.8)

 

(4.7)

Settlements

 

(102.4)

 

Fair value of plan assets at end of year

$

 

77.2

Schedule Of Funded Status

(Dollars in millions)

    

    

    

    

Funded Status

2020

2019

Funded status at end of year

$

(2.8)

 

(22.9)

Accrued benefit cost

 

(2.8)

 

(22.9)

Amounts recognized in the Balance Sheet consist of:

 

 

Current liability

 

(0.3)

 

(0.2)

Noncurrent liability

 

(2.5)

 

(22.7)

Accumulated other comprehensive loss (before tax effect)

 

0.7

 

49.6

Amounts recognized in accumulated other comprehensive loss consist of:

 

 

Net actuarial loss

 

0.7

 

49.6

Accumulated other comprehensive loss (before tax effect)

$

0.7

 

49.6

Schedule of components of net periodic benefit cost

The following table provides the components of net periodic benefit cost for the plans for 2020, 2019 and 2018:

(Dollars in millions)

    

2020

    

2019

    

2018

Service cost

$

 

 

Interest cost

 

3.0

 

3.7

 

3.4

Expected return on plan assets

 

(4.2)

 

(4.4)

 

(3.8)

Settlements

53.6

Net actuarial loss

 

2.8

 

2.1

 

2.3

Net periodic benefit cost

 

55.2

 

1.4

 

1.9

Defined contribution plans

 

7.4

 

6.8

 

6.6

Total

$

62.6

 

8.2

 

8.5

Schedule Of Expected Benefit Payments

Information about the expected cash flows for the other postretirement benefit plans follows:

    

Other

(Dollars in millions)

Benefits

Expected Benefit Payments:

 

  

2021

$

0.2

2022

 

0.2

2023

 

0.3

2024

 

0.2

2025

0.2

2026‑2030

$

0.9