Financing Arrangements (Tables)

9 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Schedule of Outstanding Debt Presented Net of Unamortized debt Issuance Costs and Other Financing Arrangements

The following table summarizes all outstanding debt (presented net of unamortized debt issuance costs) and other financing arrangements (in millions):

	June 30, 2021			September 30, 2020			June 30, 2020
Revolving Lines of Credit
2023 ABL:
2023 U.S. Revolver1	$	—		$	251.1		$	848.7
2026 ABL:
2026 U.S. Revolver		—			—			—
2026 Canada Revolver		—			—			—
Current portion		—			—			—
Borrowings under revolving lines of credit, net	$	—		$	251.1		$	848.7
Long-term Debt, net
Term Loan:
2025 Term Loan2	$	—		$	922.3		$	923.4
2028 Term Loan3		983.6			—			—
Current portion		(10.0	)		(9.7	)		(9.7	)
Long-term borrowings under term loan		973.6			912.6			913.7
Senior Notes:
2025 Senior Notes4		—			1,285.7			1,285.0
2026 Senior Notes5		296.4			295.9			295.8
2029 Senior Notes6		346.1			—			—
Current portion		—			—			—
Long-term borrowings under senior notes		642.5			1,581.6			1,580.8
Long-term debt, net	$	1,616.1		$	2,494.2		$	2,494.5
Equipment Financing Facilities, net
Equipment financing facilities7	$	0.4		$	2.6		$	3.6
Current portion		(0.4	)		(2.6	)		(3.2	)
Long-term obligations under equipment financing, net	$	—		$	—		$	0.4

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^{1 Effective rate on borrowings of 1.89% and 2.08% as of September 30, 2020 and June 30, 2020, respectively.}

^{2 Interest rate of 2.41% and 2.42% as of September 30, 2020 and June 30, 2020, respectively.}

^{3 Interest rate of 2.59% as of June 30, 2021.}

^{4 Interest rate of 4.88% as of September 30, 2020 and June 30, 2020.}

^{5 Interest rate of 4.50% for all periods presented.}

^{6 Interest rate of 4.125% as of June 30, 2021.}

^{7 Fixed interest rates ranging from 2.33% to 2.89% for all periods presented.}