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CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (Condensed) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 699.4 $ 728.0 $ 2,148.6 $ 2,259.7
Cost of products sold 434.3 444.0 1,331.9 1,425.7
Gross profit 265.1 284.0 816.7 834.0
Selling, general and administrative expense 116.1 118.9 354.8 364.4
Advertising and sales promotion expense 37.6 38.5 109.4 109.8
Research and development expense 8.8 8.5 24.4 25.3
Amortization of intangible assets 14.5 15.4 45.0 45.8
Interest expense 42.2 41.1 127.1 116.4
Loss on extinguishment of debt 0.3 0.0 (1.7) 0.0
Other items, net 5.2 (3.5) 4.6 2.7
(Loss)/Earnings before income taxes 40.4 65.1 153.1 169.6
Income tax (benefit)/provision 8.6 12.7 32.3 38.2
Net earnings 31.8 52.4 120.8 131.4
Mandatory preferred stock dividends 0.0 0.0 0.0 (4.0)
Net earnings attributable to common shareholders $ 31.8 $ 52.4 $ 120.8 $ 127.4
Earnings Per Share        
Basic net (loss)/earnings per common share- continuing operations (in dollars per share) $ 0.44 $ 0.73 $ 1.69 $ 1.83
Diluted net (loss)/earnings per common share- continuing operations (in dollars per share) $ 0.44 $ 0.73 $ 1.67 $ 1.82
Weighted Average Number of Shares Outstanding, Basic 71.5 71.3 71.4 69.5
Weighted Average Number of Shares Outstanding, Diluted 72.5 71.7 72.4 69.9
Statement of Comprehensive Income        
Net (loss)/earnings $ 31.8 $ 52.4 $ 120.8 $ 131.4
Other comprehensive income/(loss), net of tax (benefit)/expense        
Foreign currency translation adjustments 2.6 (5.9) (14.6) 29.1
Pension activity, net of tax of $(2.9) in 2022, $8.7 in 2021, and $3.5 in 2020 0.0 2.7 3.1 5.8
Deferred gain/(loss) on hedging activity, net of tax of $19.1 in 2022, $6.4 in 2021, and $(1.5) in 2020 1.8 7.3 (22.4) 37.6
Total comprehensive (loss)/income $ 36.2 $ 56.5 $ 86.9 $ 203.9