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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Jan. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the Carrying Amount of Goodwill by Reporting Segment
Goodwill consists of the following:
(in millions)
GPC
H&G
Total
As of September 30, 2021$524.6 $342.6 $867.2 
Foreign currency impact(0.4)— (0.4)
As of January 2, 2022$524.2 $342.6 $866.8 
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:
January 2, 2022September 30, 2021
(in millions)Gross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNet
Amortizable Intangible Assets:
Customer relationships$618.0 $(359.7)$258.3 $619.6 $(352.3)$267.3 
Technology assets75.3 (27.0)48.3 75.3 (25.8)49.5 
Tradenames158.5 (145.5)13.0 158.4 (141.9)16.5 
Total Amortizable Intangible Assets851.8 (532.2)319.6 853.3 (520.0)333.3 
Indefinite-lived Intangible Assets - Tradenames869.6 — 869.6 870.8 — 870.8 
Total Intangible Assets$1,721.4 $(532.2)$1,189.2 $1,724.1 $(520.0)$1,204.1 
Schedule of Future Amortization Expense Excluding the impact of any future acquisitions, dispositions 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
2022$49.2 
202340.1 
202440.1 
202538.0 
202636.4