DIVESTITURES (Tables)

12 Months Ended

Sep. 30, 2024

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Components of Income from Discontinued Operations, Net of Tax

The following table summarizes the components of Income from Discontinued Operations, Net of Tax in the accompanying Consolidated Statements of Income for the years ended September 30, 2024, 2023, and 2022:

(in millions)	2024		2023		2022
Income from discontinued operations before income taxes - HHI	$	14.9	$	136.9	$	253.3
Gain on sale of discontinued operations before income taxes – HHI	—		2,824.2		—
Gain (loss) from discontinued operations before income taxes - other	10.2		(2.4)		(3.8)
Interest on corporate debt allocated to discontinued operations	—		49.4		46.4
Income from discontinued operations before income taxes	25.1		2,909.3		203.1
Income tax (benefit) expense from discontinued operations	(0.4)		873.7		53.4
Income from discontinued operations, net of tax	25.5		2,035.6		149.7
Income from discontinued operations, net of tax attributable to noncontrolling interest	—		0.3		0.9
Income from discontinued operations, net of tax attributable to controlling interest	$	25.5	$	2,035.3	$	148.8

Schedule of Components of Income from Discontinued Operations Before Income Taxes

The following table summarizes the components of income from discontinued operations before income taxes associated with HHI operations for the year ended September 30, 2023, through the close date of the divestiture, and the year ended September 30, 2022.

(in millions)	2023		2022
Net sales	$	1,042.5	$	1,652.3
Cost of goods sold	701.6		1,096.3
Gross profit	340.9		556.0
Operating expenses	199.4		298.0
Operating income	141.5		258.0
Interest expense	2.4		3.4
Other non-operating expense, net	2.2		1.3
Income from discontinued operations before income taxes	$	136.9	$	253.3

Schedule of Significant Non-cash Items and Capital Expenditures of Discontinued Operations

The following table presents significant non-cash items and capital expenditures of discontinued operations from the HHI divestiture for the years ended September 30, 2023, through the close date of the divestiture, and the year ended September 30, 2022:

(in millions)	2023		2022
Share based compensation	$	1.5	$	5.3
Purchases of property, plant and equipment	$	11.9	$	23.9