Accumulated Other Comprehensive Loss, Net

12 Months Ended

Sep. 30, 2023

Accumulated Other Comprehensive Loss, Net

Comprehensive income consists of net income and other gains and losses affecting stockholders’ equity that, under U.S. GAAP, are excluded from net income. Other comprehensive loss and income includes losses on cash flow hedges, net actuarial gains and losses from defined benefit pension plans, and gains and losses on foreign currency translations.

The following table summarizes the changes in accumulated other comprehensive loss for the years ended September 30, 2023, 2022, and 2021.


(in millions)	Foreign Currency Translation Adjustment		Pension Benefits Adjustment		Cash Flow Hedge		Accumulated Other Comprehensive Loss, net
Balances as of September 30, 2020	$	(36.0)	$	(4.1)	$	—	$	(40.1)
Other comprehensive income	13.3		1.5		—		14.8
Amounts reclassified from AOCI, net of tax	—		0.2		—		0.2
Other comprehensive income net of tax	13.3		1.7		—		15.0
Balances as of September 30, 2021	$	(22.7)	$	(2.4)	$	—	$	(25.1)
Other comprehensive loss	(11.7)		(0.3)		(53.5)		(65.5)

Other comprehensive loss net of tax	(11.7)		(0.3)		(53.5)		(65.5)
Balances as of September 30, 2022	$	(34.4)	$	(2.7)	$	(53.5)	$	(90.6)
Other comprehensive income	3.2		0.5		35.1		38.8

Other comprehensive income net of tax	3.2		0.5		35.1		38.8
Balances as of September 30, 2023	$	(31.2)	$	(2.2)	$	(18.4)	$	(51.8)