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Supplemental Financial Information
3 Months Ended
Dec. 31, 2022
Supplemental Financial Information [Abstract]  
Supplemental Financial Information SUPPLEMENTAL FINANCIAL INFORMATION
Cash, cash equivalents and restricted cash

The following provides a reconciliation of cash, cash equivalents and restricted cash reported within the Condensed Consolidated Statements of Cash Flows to the Condensed Consolidated Balance Sheets:

(In millions)December 31
2022
September 30
 2022
December 31
2021
Cash and cash equivalents - continuing operations$21.0 $23.4 $42.8 
Cash and cash equivalents - discontinued operations (a)
70.5 59.0 108.9 
Restricted cash - discontinued operations (a)
1.5 1.5 2.0 
Total cash, cash equivalents and restricted cash$93.0 $83.9 $153.7 
(a)Included in Current assets held for sale with the Condensed Consolidated Balance Sheets.

Accounts and other receivables

The following summarizes Valvoline’s accounts and other receivables in the Condensed Consolidated Balance Sheets as of:

(In millions)December 31
2022
September 30
 2022
Trade$56.4 $56.2 
Other4.1 14.5 
Receivables, gross60.5 70.7 
Allowance for credit losses(3.6)(4.6)
Receivables, net$56.9 $66.1 

Revenue recognition

The following disaggregates the Company’s net revenues by timing of revenue recognized:

Three months ended
December 31
(In millions)20222021
Net revenues transferred at a point in time$317.2 $273.7 
Franchised revenues transferred over time15.6 13.6 
Net revenues$332.8 $287.3 

The following table summarizes net revenues by category:

Three months ended
December 31
(In millions)20222021
Oil changes and related fees$247.2 $211.5 
Non-oil changes and related fees69.8 58.3 
Franchise fees and other (a)
15.8 17.5 
Total$332.8 $287.3 
(a)Includes $0.2 million and $3.7 million of net revenues associated with suspended operations.