XML 32 R5.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]      
Net sales $ 2,918.8 $ 3,132.5 $ 2,998.1
Cost of goods sold 1,994.5 2,142.1 1,963.5
Gross profit 924.3 990.4 1,034.6
Selling 544.7 597.6 518.5
General and administrative 332.4 371.4 389.2
Research and development 22.5 26.7 29.8
Gain from remeasurement of contingent consideration liability (1.5) (28.5) 0.0
Impairment of goodwill 111.1 0.0 0.0
Impairment of intangible assets 120.7 0.0 0.0
Total operating expenses 1,129.9 967.2 937.5
Operating (loss) income (205.6) 23.2 97.1
Interest expense 127.0 99.4 116.5
Interest income (38.3) (0.6) (1.1)
Gain from debt repurchase (7.9) 0.0 0.0
Other non-operating expense (income), net 3.8 14.7 (7.2)
Loss from continuing operations before income taxes (290.2) (90.3) (11.1)
Income tax benefit (56.5) (13.3) (26.4)
Net (loss) income from continuing operations (233.7) (77.0) 15.3
Income (loss) from discontinued operations, net of tax 2,035.6 149.7 174.3
Net income 1,801.9 72.7 189.6
Net income from continuing operations attributable to non-controlling interest 0.1 0.2 0.2
Net income (loss) from discontinued operations attributable to non-controlling interest 0.3 0.9 (0.2)
Net income attributable to controlling interest 1,801.5 71.6 189.6
Amounts attributable to controlling interest      
Net (loss) income from continuing operations attributable to controlling interest (233.8) (77.2) 15.1
Net income from discontinued operations attributable to controlling interest 2,035.3 148.8 174.5
Net income attributable to controlling interest $ 1,801.5 $ 71.6 $ 189.6
Earnings Per Share      
Basic earnings per share from continuing operations (in dollars per share) $ (5.92) $ (1.89) $ 0.35
Basic earnings per share from discontinued operations (in dollars per share) 51.57 3.64 4.09
Basic earnings per share (in dollars per share) 45.65 1.75 4.44
Diluted earnings per share from continuing operations (in dollars per share) (5.92) (1.89) 0.35
Diluted earnings per share from discontinued operations (in dollars per share) 51.57 3.64 4.04
Diluted earnings per share (in dollars per share) 45.65 1.75 4.39
Dividend per share (in dollars per share) $ 1.68 $ 1.68 $ 1.68
Weighted Average Shares Outstanding      
Basic (in shares) 39.5 40.9 42.7
Diluted (in shares) 39.5 40.9 43.2