GOODWILL AND INTANGIBLE ASSETS

6 Months Ended

Mar. 29, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill, by segment, consists of the following.


(in millions)	GPC		H&G		Total
As of September 30, 2025	$	524.2	$	342.6	$	866.8


Foreign currency impact	(1.4)		—		(1.4)
As of March 29, 2026	$	522.8	$	342.6	$	865.4

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


	March 29, 2026						September 30, 2025
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Amortizable intangible assets:
Customer relationships	$	611.8	$	(473.1)	$	138.7	$	621.3	$	(465.9)	$	155.4
Technology assets	75.3		(48.6)		26.7		75.3		(46.1)		29.2
Tradenames	44.4		(14.4)		30.0		44.4		(12.9)		31.5
Total amortizable intangible assets	731.5		(536.1)		195.4		741.0		(524.9)		216.1
Indefinite-lived intangible assets – tradenames	718.9		—		718.9		721.5		—		721.5
Total intangible assets	$	1,450.4	$	(536.1)	$	914.3	$	1,462.5	$	(524.9)	$	937.6

Amortization expense on intangible assets for the three and six month periods ended March 29, 2026 and March 30, 2025 is as follows.


	Three Month Periods Ended				Six Month Periods Ended
(in millions)	March 29, 2026		March 30, 2025		March 29, 2026		March 30, 2025
Amortization expense	$	10.3	$	10.5	$	20.5	$	21.0

Excluding the impact of any future acquisitions, dispositions or changes in foreign currency, the Company estimates amortization expense of intangible assets for the next five fiscal years will be as follows.


(in millions)	Amortization
2026 remaining	$	20.5
2027	41.1
2028	39.3
2029	36.1
2030	15.6