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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net income $ 1,370.8 $ 266.6
Adjustments to reconcile net income to cash flows from operating activities:    
Income from discontinued operations (1,246.4) (169.6)
Depreciation and amortization 60.7 52.1
Deferred income taxes (26.6) 29.6
Stock-based compensation expense 8.8 11.7
Other, net 2.1 1.6
Change in operating assets and liabilities    
Receivables (3.5) (2.1)
Inventories (3.3) (1.8)
Payables and accrued liabilities 76.4 8.7
Other assets and liabilities 10.9 (69.9)
Operating cash flows from continuing operations 249.9 126.9
Operating cash flows from discontinued operations (298.3) 64.3
Total cash (used in) provided by operating activities (48.4) 191.2
Cash flows from investing activities    
Additions to property, plant and equipment (125.9) (89.5)
Acquisitions of businesses, net of cash acquired (27.8) (42.7)
Purchases of investments (440.4) 0.0
Other investing activities, net (0.8) 8.6
Investing cash flows from continuing operations (594.9) (123.6)
Investing cash flows from discontinued operations 2,621.0 (20.0)
Total cash provided by (used in) investing activities 2,026.1 (143.6)
Cash flows from financing activities    
Proceeds from borrowings, net of issuance costs 920.9 0.0
Repayments on borrowings (915.0) (0.6)
Repurchases of common stock (1,395.5) (103.5)
Cash dividends paid (21.8) (67.1)
Other financing activities (16.0) (13.6)
Financing cash flows from continuing operations (1,427.4) (184.8)
Financing cash flows from discontinued operations (108.1) 6.8
Total cash used in financing activities (1,535.5) (178.0)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash 0.6 (1.4)
Increase (decrease) in cash, cash equivalents, and restricted cash 442.8 (131.8)
Cash, cash equivalents, and restricted cash - beginning of period 83.9 231.4
Cash, cash equivalents, and restricted cash - end of period $ 526.7 $ 99.6