Goodwill And Intangible Assets (Tables)

9 Months Ended

Jun. 28, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Changes In The Carrying Amount Of Goodwill By Reporting Segment

Goodwill consists of the following:

(in millions)	HHI		GPC		H&G		Total
As of September 30, 2019	$	702.1	$	430.4	$	195.6	$	1,328.1
Foreign currency impact	0.1		1.7		—		1.8
Omega Sea acquisition (Note 3)	—		8.6		—		8.6
Allocated to Assets Held for Sale - Coevorden Operations (Note 2)	—		(10.6)		—		(10.6)
As of June 28, 2020	$	702.2	$	430.1	$	195.6	$	1,327.9

Schedule Of Carrying Value And Accumulated Amortization For Intangible Assets

The carrying value of indefinite-lived intangibles and definite-lived intangibles assets subject to amortization and accumulated amortization are as follows:

	June 28, 2020						September 30, 2019
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Amortizable Intangible Assets:
Customer relationships	$	687.5	$	(355.8)	$	331.7	$	694.9	$	(329.7)	$	365.2
Technology assets	175.7		(100.2)		75.5		179.4		(90.9)		88.5
Tradenames	160.9		(129.0)		31.9		160.4		(118.1)		42.3
Total Amortizable Intangible Assets	1,024.1		(585.0)		439.1		1,034.7		(538.7)		496.0
Indefinite-lived Intangible Assets - Tradenames	1,001.1		—		1,001.1		1,011.1		—		1,011.1
Total Intangible Assets	$	2,025.2	$	(585.0)	$	1,440.2	$	2,045.8	$	(538.7)	$	1,507.1

Schedule Of Future Amortization Expense

Excluding the impact of any future acquisitions or changes in foreign currency, the Company estimates annual amortization expense of intangible assets for the next five fiscal years will be as follows:

(in millions)	Amortization
2020	$	76.0
2021	58.8
2022	44.2
2023	44.2
2024	43.0