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Segment and Geographical Data
 12 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment and Geographical Data Segment and Geographical Data
Segment performance is evaluated based on segment profit, exclusive of general corporate expenses, share-based compensation costs, and certain costs deemed non-recurring in nature, including restructuring and related costs, acquisition and integration costs, stock keeping unit (“SKU”) rationalization, Sun Care reformulation, income from resolution of legal matters and other costs or income, pension settlement expense, value-added tax (“VAT”) settlements, cost of early debt retirement, other costs or income, the amortization of intangible assets, and the related tax effects of these items. Financial items, such as interest income and expense, are managed on a global basis at the corporate level. The exclusion of such charges from segment results reflects management’s view on how it evaluates segment performance. Amounts have been revised to reflect the correction of certain immaterial misstatements. Refer to Note 1 of Notes to Consolidated Financial Statements, for further discussion.
The Company’s operating model includes some shared business functions across the segments, including product warehousing and distribution, transaction processing functions and, in most cases, a combined sales force and management teams. The Company applies a fully allocated cost basis, in which shared business functions are allocated among the segments. Such allocations are estimates and do not represent the costs of such services if performed on a stand-alone basis.
Segment net sales and profitability are presented below:
Fiscal Year
 202320222021
Net Sales 
Wet Shave$1,230.9 $1,242.5 $1,215.9 
Sun and Skin Care705.5 638.5 585.3 
Feminine Care315.2 290.7 286.1 
Total net sales$2,251.6 $2,171.7 $2,087.3 
Segment Profit 
Wet Shave$158.3 $174.5 $221.5 
Sun and Skin Care137.4 108.8 99.0 
Feminine Care49.7 31.5 37.5 
Total segment profit345.4 314.8 358.0 
General corporate and other expenses(68.7)(54.0)(56.5)
Restructuring and related costs (1)
(17.1)(16.2)(30.1)
Acquisition and integration costs (2)
(7.5)(9.9)(8.4)
SKU rationalization (3)
1.7 (22.5)— 
Sun Care reformulation (4)
(1.9)(4.6)(1.1)
Legal matters, net income (5)
6.3 7.5 — 
VAT settlement costs (6)
— (3.4)— 
Pension settlement expense (7)
(7.9)(1.8)— 
Cost of early retirement of long-term debt— — (26.1)
Other (8)
(0.4)— — 
Amortization of intangibles(30.8)(29.4)(22.0)
Interest and other expense, net(71.4)(56.4)(66.7)
Total earnings before income taxes$147.7 $124.1 $147.1 
Depreciation and amortization
Wet Shave$37.1 $36.4 $39.9 
Sun and Skin Care15.1 15.4 15.6 
Feminine Care8.4 8.7 9.6 
Total segment depreciation and amortization60.6 60.5 65.1 
Corporate30.8 29.4 22.0 
Total depreciation and amortization$91.4 $89.9 $87.1 
Fiscal Year
202320222021
Total Assets
Wet Shave$724.1 $751.4 
Sun and Skin Care316.1 276.8 
Feminine Care163.2 159.1 
Total segment assets1,203.4 1,187.3 
Corporate (9)
232.1 207.0 
Goodwill and other intangible assets, net2,305.2 2,318.8 
Total assets$3,740.7 $3,713.1 
Capital Expenditures
Wet Shave$31.2 $36.1 $36.1 
Sun and Skin Care12.2 12.4 12.2 
Feminine Care6.1 7.9 8.5 
Total capital expenditures49.5 56.4 56.8 
(1)Includes Restructuring and related costs of $0.2, $0.1 and $0.6 included within COGS and $0.3, $0.8 and $8.7 within SG&A for fiscal 2023, 2022 and 2021, respectively, related to actions to strengthen our operating model.
(2)Includes SG&A of $7.5, $9.1, and $7.1 for fiscal 2023, 2022, and 2021, respectively, related to integration expenses associated with acquisitions and Cost of products sold of nil, $0.8, and $1.3 related to the valuation of acquired inventory for fiscal 2023, 2022, and 2021, respectively.
(3)In fiscal 2022, we recorded a charge of $22.5 in COGS for the write-off of certain Wet Ones SKUs and related contract termination charges. In fiscal 2023, we released a reserve of $1.7 related to certain accrued expenses associated with the write-off of inventory related to these SKUs. Wet Ones products are included within the Sun and Skin Care segment.
(4)Includes pre-tax research and development (“R&D”) costs of $3.3 for fiscal 2023. In fiscal 2023, we released a reserve of $1.4 related to certain accrued expenses associated with the recall and destruction of certain Sun Care products, within COGS. In fiscal 2022 and 2021 we recorded costs of $3.5 and $1.1 respectively, related to the reformulation, recall, and destruction of certain Sun Care products within COGS.
(5)Includes pre-tax SG&A of $6.3 and $7.5 for fiscal 2023 and 2022, respectively, related to the resolution of legal matters. See Note 17 of the Notes to Consolidated Financial Statements.
(6)Includes pre-tax SG&A of $3.4 for the fiscal 2022 related to the estimated settlement of prior years’ value-added tax audits in Germany.
(7)Includes pre-tax Other expense (income), net of $7.9 and $1.8 for fiscal 2023 and 2022, respectively, related to pension settlement expenses.
(8)Includes pre-tax SG&A of $0.4 for fiscal 2023 related to the write off of assets associated with a prior year divestiture.
(9)Corporate assets include all cash and cash equivalents, financial instruments and deferred tax assets that are managed outside of operating segments.

The following table presents the Company’s net sales and long-lived assets by geographic area:
Fiscal Year
202320222021
Net Sales to Customers
United States$1,326.1 $1,306.5 $1,183.6 
International925.5 865.2 903.7 
Total net sales$2,251.6 $2,171.7 $2,087.3 
Long-lived Assets
United States$221.6 $239.3 
Germany73.7 61.1 
Other International75.7 65.7 
Total long-lived assets excluding goodwill and other intangibles, net, and other assets$371.0 $366.1 
The Company’s international net sales are derived from customers in numerous countries, with no sales to any individual foreign country exceeding 10% of the Company’s total Net sales. For information on customer concentration and product concentration risk, see Note 16 of Notes to Consolidated Financial Statements.
Supplemental product information is presented below for net sales:
Fiscal Year
202320222021
Razors and blades$1,103.6 $1,108.8 $1,084.6 
Sun care products450.7 401.8 333.6 
Tampons, pads and liners315.2 290.7 286.1 
Shaving gels and creams127.3 133.7 131.3 
Grooming products172.5 158.7 148.9 
Wipes and other skin care82.3 78.0 102.8 
Total net sales$2,251.6 $2,171.7 $2,087.3