GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Dec. 31, 2023

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, 2023	$	512.1	$	342.6	$	854.7
Foreign currency impact	5.4		—		5.4
As of December 31, 2023	$	517.5	$	342.6	$	860.1

Schedule of Carrying Value and Accumulated Amortization for Intangible Assets

The carrying value and accumulated amortization of intangible assets are as follows:

	December 31, 2023						September 30, 2023
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Amortizable intangible assets:
Customer relationships	$	640.0	$	(425.0)	$	215.0	$	635.0	$	(412.9)	$	222.1
Technology assets	75.3		(37.2)		38.1		75.3		(35.9)		39.4
Tradenames	28.8		(8.6)		20.2		27.6		(7.4)		20.2
Total amortizable intangible assets	744.1		(470.8)		273.3		737.9		(456.2)		281.7
Indefinite-lived intangible assets – tradenames	783.0		—		783.0		778.4		—		778.4
Total Intangible Assets	$	1,527.1	$	(470.8)	$	1,056.3	$	1,516.3	$	(456.2)	$	1,060.1

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
2024	$	43.9
2025	40.8
2026	39.8
2027	39.8
2028	37.3