RESTRUCTURING AND RELATED CHARGES (Tables)

6 Months Ended

Apr. 03, 2022

Restructuring and Related Activities [Abstract]

Summary of Restructuring and Related Charges

The following summarizes restructuring and related charges for the three and six month periods ended April 3, 2022 and April 4, 2021:

	Three Month Periods Ended				Six Month Periods Ended
(in millions)	April 3, 2022		April 4, 2021		April 3, 2022		April 4, 2021
Global productivity improvement program	$	2.3	$	1.9	$	4.1	$	10.9
GPC distribution transition	5.6		—		15.9		—
Other restructuring activities	8.5		2.4		13.8		2.4
Total restructuring and related charges	$	16.4	$	4.3	$	33.8	$	13.3
Reported as:
Cost of goods sold	$	1.2	$	1.3	$	1.5	$	1.4
Operating expense	15.2		3.0		32.3		11.9

Summary of Costs Incurred and Cumulative Costs By Cost Type

The following is a summary of restructuring and related charges for the three and six month periods ended April 3, 2022 and April 4, 2021, by cost type.

(in millions)	Termination Benefits		Other Costs		Total
For the three month period ended April 3, 2022	$	1.2	$	15.2	$	16.4
For the three month period ended April 4, 2021	0.4		3.9		4.3
For the six month period ended April 3, 2022	1.9		31.9		33.8
For the six month period ended April 4, 2021	3.3		10.0		13.3

Rollforward of Restructuring Accrual

The following is a rollforward of the accrual related to all restructuring and related activities, included within Other Current Liabilities, by cost type for the six month period ended April 3, 2022.

(in millions)	Termination Benefits		Other Costs		Total
Accrual balance at September 30, 2021	$	4.6	$	5.6	$	10.2
Provisions	0.1		2.9		3.0
Cash expenditures	(1.9)		(0.7)		(2.6)
Foreign currency and other	(0.8)		(0.1)		(0.9)
Accrual balance at April 3, 2022	$	2.0	$	7.7	$	9.7

Summary of Costs Incurred By Reporting Segment

The following summarizes restructuring and related charges by segment for the three and six month periods ended April 3, 2022 and April 4, 2021, by the Company’s segments:

(in millions)	HPC		GPC		H&G		Corporate		Total
For the three month period ended April 3, 2022	$	3.7	$	8.2	$	—	$	4.5	$	16.4
For the three month period ended April 4, 2021	1.5		0.6		—		2.2		4.3
For the six month period ended April 3, 2022	4.3		19.6		—		9.9		33.8
For the six month period ended April 4, 2021	4.1		2.1		—		7.1		13.3