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Fair Value Measurements (Tables)
3 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities at Fair Value
The following tables set forth the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis by level within the fair value hierarchy:

As of December 31, 2022
(In millions)TotalLevel 1Level 2Level 3
NAV (a)
Cash and cash equivalents
Money market funds$0.4 $0.4 $— $— $— 
Time deposits8.6 — 8.6 — — 
Prepaid expenses and other current assets
Currency derivatives (b)
2.6 — 2.6 — — 
Interest rate swap agreements4.0 — 4.0 — — 
Other noncurrent assets
Non-qualified trust funds5.7 — — — 5.7 
Interest rate swap agreements12.0 — 12.0 — — 
Total assets at fair value$33.3 $0.4 $27.2 $— $5.7 
Accrued expenses and other liabilities
Currency derivatives (b)
$2.7 $— $2.7 $— $— 
Other noncurrent liabilities
Deferred compensation obligations20.5 — — — 20.5 
Total liabilities at fair value$23.2 $— $2.7 $— $20.5 
As of September 30, 2022
(In millions)TotalLevel 1Level 2Level 3
NAV (a)
Cash and cash equivalents
Money market funds$0.4 $0.4 $— $— $— 
Time deposits13.3 — 13.3 — — 
Prepaid expenses and other current assets
Currency derivatives (b)
6.0 — 6.0 — — 
Interest rate swap agreements5.2— 5.2— — 
Other noncurrent assets
Non-qualified trust funds6.4 — — — 6.4 
Interest rate swap agreements12.6 — 12.6 — — 
Total assets at fair value$43.9 $0.4 $37.1 $— $6.4 
Accrued expenses and other liabilities
Currency derivatives (b)
$5.2 $— $5.2 $— $— 
Other noncurrent liabilities
Deferred compensation obligations19.6 — — — 19.6 
Total liabilities at fair value$24.8 $— $5.2 $— $19.6 
(a)Funds measured at fair value using the net asset value ("NAV") per share practical expedient have not been classified in the fair value hierarchy.
(b)The Company had outstanding contracts with notional values of $154.5 million and $150.5 million as of December 31, 2022 and September 30, 2022, respectively.
Summary of Fair Value of Debt
December 31, 2022September 30, 2022
(In millions)Fair value
Carrying value (a)
Unamortized
discounts and
issuance costs
Fair value
Carrying value (a)
Unamortized
discounts and
issuance costs
2030 Notes$586.1 $593.9 $(6.1)$568.5 $593.7 $(6.3)
2031 Notes433.1 529.4 (5.6)400.5 529.2 (5.8)
Total$1,019.2 $1,123.3 $(11.7)$969.0 $1,122.9 $(12.1)
(a)Carrying values shown are net of unamortized discounts and debt issuance costs.