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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2021
Sep. 30, 2020
Jun. 30, 2020
Current assets:      
Cash and cash equivalents $ 188.9 $ 624.6 $ 1,018.4
Accounts receivable, less allowance of $19.7, $17.9 and $19.0 as of June 30, 2021, September 30, 2020 and June 30, 2020, respectively 965.1 885.2 858.8
Inventories, net 1,170.7 871.4 874.2
Prepaid expenses and other current assets 354.8 351.8 282.8
Current assets held for sale   243.8 231.5
Total current assets 2,679.5 2,976.8 3,265.7
Property and equipment, net 223.8 207.8 199.0
Goodwill 1,761.7 1,756.1 1,755.5
Intangibles, net 439.8 518.0 548.2
Operating lease assets 395.8 376.2 379.9
Deferred income taxes, net 89.2    
Other assets, net 9.5 2.1  
Non-current assets held for sale   1,120.5 1,131.6
Total assets 5,599.3 6,957.5 7,279.9
Current liabilities:      
Accounts payable 877.7 885.8 731.7
Accrued expenses 645.0 509.7 497.1
Current operating lease liabilities 87.8 84.0 83.3
Current portions of long-term debt/obligations 10.4 12.3 12.9
Current liabilities held for sale   139.4 126.4
Total current liabilities 1,620.9 1,631.2 1,451.4
Borrowings under revolving lines of credit, net   251.1 848.7
Long-term debt, net 1,616.1 2,494.2 2,494.5
Deferred income taxes, net   71.8 50.7
Non-current operating lease liabilities 308.7 290.5 294.0
Long-term obligations under equipment financing, net     0.4
Other long-term liabilities 16.0 5.2 0.1
Non-current liabilities held for sale   53.4 54.2
Total liabilities 3,561.7 4,797.4 5,194.0
Commitments and contingencies (Note 10)
Convertible Preferred Stock; $0.01 par value; aggregate liquidation preference $400.0; 0.4 shares authorized, issued and outstanding as of June 30, 2021, September 30, 2020 and June 30, 2020 (Note 5) 399.2 399.2 399.2
Stockholders' equity:      
Common stock (voting); $0.01 par value; 100.0 shares authorized; 70.0, 69.0 and 68.9 shares issued and outstanding as of June 30, 2021, September 30, 2020 and June 30, 2020, respectively 0.7 0.7 0.7
Undesignated preferred stock; 5.0 shares authorized, none issued or outstanding 0.0 0.0 0.0
Additional paid-in capital 1,138.5 1,100.6 1,095.1
Retained earnings 521.7 694.3 628.4
Accumulated other comprehensive income (loss) (22.5) (34.7) (37.5)
Total stockholders' equity 1,638.4 1,760.9 1,686.7
Total liabilities and stockholders' equity $ 5,599.3 $ 6,957.5 $ 7,279.9