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Derivatives (Tables)
12 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Details of Derivatives Held to Manage Foreign Currency Risk

The following table provides details of the derivatives held as of September 30, 2025 and 2024 to manage foreign currency risk.

 

 

 

 

 

Notional Amount

 

 

Description

 

Borrowing

 

September 30, 2025

 

September 30, 2024

 

Hedge
Designation

Cross Currency Swaps

 

3.4% Notes

 

USD 250 million swapped to EUR 223 million

 

USD 250 million swapped to EUR 223 million

 

Net investment

Forward Foreign Currency Contracts(1)

 

N/A

 

USD 184 million

 

USD 138 million

 

No designation

 

(1)
At September 30, 2025, the Company’s forward foreign exchange contracts were denominated in Euro, Indonesian rupiah, Czech koruna, and Colombian peso. At September 30, 2024, the Company’s forward foreign exchange contracts were denominated in Indonesian rupiah, Czech koruna, and Colombian peso.
Summary Impact of Cross-currency Swaps Net of Tax to AOCI and Consolidated Statements of Operations

The following table summarizes the impact of the cross-currency swaps, net of tax, to AOCI and the Consolidated Statements of Operations:

 

 

Years Ended September 30

 

 

 

2025

 

 

2024

 

 

2023

 

 

 

(In millions)

 

Gain/(loss) recognized in AOCI

 

$

(8

)

 

$

(6

)

 

$

(13

)

(Gain)/loss reclassified from AOCI into Interest expense

 

$

(4

)

 

$

(4

)

 

$

(6

)

(Gain)/loss recognized in Interest expense (amount excluded
     from effectiveness testing)

 

$

2

 

 

$

2

 

 

$

2