Accumulated Other Comprehensive (Loss)/Income (Tables)

3 Months Ended

Dec. 31, 2020

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in accumulated other comprehensive (loss)/income (AOCI), net of tax by component:

	Foreign Currency Translation Adjustments		Pension Activity		Zinc Contracts		Foreign Currency Contracts		Interest Rate Contracts		Total
Balance at September 30, 2020	$	(137.4)	$	(163.5)	$	3.4	$	(4.1)	$	(6.1)	$	(307.7)
OCI before reclassifications	5.5		(2.2)		3.4		(5.9)		(3.7)		(2.9)
Reclassifications to earnings	—		1.7		0.6		2.0		1.0		5.3
Balance at December 31, 2020	$	(131.9)	$	(164.0)	$	7.4	$	(8.0)	$	(8.8)	$	(305.3)

Reclassification out of Accumulated Other Comprehensive Income

The following table presents the reclassifications out of AOCI to earnings:

	For the Quarter Ended December 31,
	2020		2019
Details of AOCI Components	Amount Reclassified from AOCI (1)				Affected Line Item in the Combined Statements of Earnings
Gains and losses on cash flow hedges
Foreign currency contracts	$	2.6	$	(1.9)	Cost of products sold
Interest rate contracts	1.3		0.5		Interest expense
Zinc contracts	0.8		0.3		Cost of products sold
	4.7		(1.1)		Loss / (earnings) before income taxes
	(1.1)		0.2		Income tax (benefit)/expense
	$	3.6	$	(0.9)	Net loss / (earnings)
Amortization of defined benefit pension items
Actuarial loss	2.2		1.9		(2)
	(0.5)		(0.5)		Income tax benefit
	$	1.7	$	1.4	Net loss
Total reclassifications to earnings	$	5.3	$	0.5	Net loss / (earnings)

(1) Amounts in parentheses indicate credits to Consolidated (Condensed) Statement of Earnings and Comprehensive Income.

(2) This AOCI component is included in the computation of net periodic pension (benefit)/cost (see Note 11, Pension Plans, for further details).