ACCUMULATED OTHER COMPREHENSIVE INCOME

6 Months Ended

Mar. 30, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME

NOTE 12 - ACCUMULATED OTHER COMPREHENSIVE INCOME

The change in the components of AOCI for the six month period ended March 30, 2025, was as follows:

(in millions)	Foreign Currency Translation		Derivative Instruments		Defined Benefit Pension		Total
Balance at September 30, 2024	$	(164.1)	$	(2.2)	$	(37.7)	$	(204.0)
Other comprehensive (loss) income before reclassification	(65.1)		15.0		1.8		(48.3)
Net reclassification for loss to income from continuing operations	—		0.7		0.5		1.2
Other comprehensive (loss) income before tax	(65.1)		15.7		2.3		(47.1)
Deferred tax effect	2.3		(4.0)		(0.6)		(2.3)
Other comprehensive (loss) income, net of tax	(62.8)		11.7		1.7		(49.4)
Less: other comprehensive loss from continuing operations attributable to non-controlling interest	(0.3)		—		—		(0.3)
Other comprehensive (loss) income attributable to controlling interest	(62.5)		11.7		1.7		(49.1)
Balance at December 29, 2024	(226.6)		9.5		(36.0)		(253.1)
Other comprehensive income (loss) before reclassification	31.1		(6.8)		(0.9)		23.4
Net reclassification for (gain) loss to income from continuing operations	—		(1.2)		0.5		(0.7)
Other comprehensive income (loss) before tax	31.1		(8.0)		(0.4)		22.7
Deferred tax effect	(0.4)		1.9		0.1		1.6
Other comprehensive income (loss), net of tax	30.7		(6.1)		(0.3)		24.3
Less: other comprehensive income from continuing operations attributable to non-controlling interest	0.2		—		—		0.2
Other comprehensive income (loss) attributable to controlling interest	30.5		(6.1)		(0.3)		24.1
Balance at March 30, 2025	$	(196.1)	$	3.4	$	(36.3)	$	(229.0)

The following presents reclassifications of the gain (loss) on the Condensed Consolidated Statements of Income from AOCI for the three and six month period ended March 30, 2025:

(in millions)	Three Month Period Ended March 30, 2025						Six Month Period Ended March 30, 2025
	Derivative Instruments		Defined Benefit Pension		Total		Derivative Instruments		Defined Benefit Pension		Total
Cost of goods sold	$	1.2	$	—	$	1.2	$	0.5	$	—	$	0.5
Other non-operating expense, net	—		(0.5)		(0.5)		—		(1.0)		(1.0)

The change in the components of AOCI for the six month period ended March 31, 2024, was as follows:

	Foreign Currency Translation		Derivative Instruments		Defined Benefit Pension		Total
Balance at September 30, 2023	$	(216.1)	$	1.4	$	(34.7)	$	(249.4)
Other comprehensive income (loss) before reclassification	15.4		(10.6)		(1.1)		3.7
Net reclassification for loss to income from continuing operations	—		5.1		0.2		5.3
Other comprehensive income (loss) before tax	15.4		(5.5)		(0.9)		9.0
Deferred tax effect	5.6		1.5		0.2		7.3
Other comprehensive income (loss), net of tax	21.0		(4.0)		(0.7)		16.3
Less: other comprehensive income from continuing operations attributable to non-controlling interest	0.1		—		—		0.1
Other comprehensive income (loss) attributable to controlling interest	20.9		(4.0)		(0.7)		16.2
Balance at Balance at December 31, 2023	(195.2)		(2.6)		(35.4)		(233.2)
Other comprehensive (loss) income before reclassification	(0.4)		1.4		0.3		1.3
Net reclassification for loss to income from continuing operations	—		4.8		0.2		5.0
Other comprehensive (loss) income before tax	(0.4)		6.2		0.5		6.3
Deferred tax effect	(2.9)		(1.6)		0.1		(4.4)
Other comprehensive (loss) income, net of tax	(3.3)		4.6		0.6		1.9
Less: other comprehensive loss from continuing operations attributable to non-controlling interest	(0.1)		—		—		(0.1)
Other comprehensive (loss) income attributable to controlling interest	(3.2)		4.6		0.6		2.0
Balance at March 31, 2024	$	(198.4)	$	2.0	$	(34.8)	$	(231.2)

The following table presents reclassifications of the gain (loss) on the Condensed Consolidated Statements of Income from AOCI for the three and six month period ended March 31, 2024:

(in millions)	Three Month Period Ended March 31, 2024						Six Month Period Ended March 31, 2024
	Derivative Instruments		Defined Benefit Pension		Total		Derivative Instruments		Defined Benefit Pension		Total
Net sales	$	0.1	$	—	$	0.1	$	0.1	$	—	$	0.1
Cost of goods sold	(4.9)		—		(4.9)		(10.0)		—		(10.0)
Other non-operating expense, net	—		(0.2)		(0.2)		—		(0.4)		(0.4)