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Intangible Assets
 12 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets INTANGIBLE ASSETS
Goodwill

The following summarizes the changes in the carrying amount of goodwill during fiscal 2023 and 2022:

(In millions)
Balance at September 30, 2021
$512.8 
Acquisitions
39.1 
Currency translation(3.7)
Balance at September 30, 2022
548.2 
Acquisitions
29.0 
Currency translation0.8 
Balance at September 30, 2023$578.0 

Other intangible assets

Valvoline’s purchased intangible assets were specifically identified when acquired, have finite lives, and are reported in Goodwill and intangibles, net within the Consolidated Balance Sheets. The following summarizes the gross carrying amounts and accumulated amortization of the Company’s intangible assets as of September 30:
(In millions)20232022
Gross carrying amountAccumulated amortizationNet carrying amountGross carrying amountAccumulated amortizationNet carrying amount
Definite-lived intangible assets
Trademarks and trade names $29.6 $(10.5)$19.1 $29.6 $(9.2)$20.4 
Reacquired franchise rights122.1 (49.4)72.7 118.0 (36.5)81.5 
Customer relationships 16.8 (8.3)8.5 16.6 (6.9)9.7 
Other intangible assets6.9 (4.6)2.3 6.7 (3.4)3.3 
Total definite-lived intangible assets$175.4 $(72.8)$102.6 $170.9 $(56.0)$114.9 

The table that follows summarizes amortization expense (actual and estimated) for the Company's current intangible assets for the years ended September 30:

(In millions)ActualEstimated
202320242025202620272028
Amortization expense$16.8 $16.5 $14.5 $11.3 $10.8 $10.7