The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets to the totals shown within the Consolidated Statements of Cash Flows for the years ended September 30:


(In millions)	2023		2022		2021
Cash and cash equivalents - continuing operations	$	409.1	$	23.4	$	122.6
Cash and cash equivalents - held for sale (a)	4.0		—		—
Cash and cash equivalents - discontinued operations	—		59.0		107.4

Restricted cash - discontinued operations (b)	—		1.5		1.4
Total cash, cash equivalents and restricted cash	$	413.1	$	83.9	$	231.4

(a)Refer to Note 3 for additional information regarding the asset group classified as held for sale at September 30, 2023.

(b)Included in Current assets held for sale with the Consolidated Balance Sheets.

The following summarizes Valvoline’s accounts and other receivables in the Consolidated Balance Sheets as of September 30:


(In millions)	2023		2022
Current
Trade	$	64.0	$	56.2
Other	17.9		14.3
Notes receivable from franchisees	—		0.2
Receivables, gross	81.9		70.7
Allowance for credit losses	(0.6)		(4.6)
Receivables, net	$	81.3	$	66.1

Non-current (a)
Notes receivable	$	2.3	$	2.1
Other	7.5		0.1
Noncurrent notes receivable, gross	9.8		2.2
Allowance for losses	(2.4)		(2.2)
Noncurrent notes receivable, net	$	7.4	$	—

(a) Included in Other noncurrent assets within the Consolidated Balance Sheets.

The following table summarizes the various components of property, plant and equipment within the Consolidated Balance Sheets as of September 30:


(In millions)	2023		2022
Land	$	148.5	$	134.7
Buildings	725.1		562.8
Machinery and equipment	302.6		236.0
Construction in progress	57.6		82.4
Total property, plant and equipment	1,233.8		1,015.9
Accumulated depreciation	(415.5)		(347.3)
Net property, plant and equipment	$	818.3	$	668.6

The following table summarizes finance lease assets included in net property, plant and equipment as of September 30:


(In millions)	2023		2022
Land	$	85.4	$	75.3
Buildings	154.6		141.8
Total finance lease assets	240.0		217.1
Accumulated depreciation	(50.0)		(34.2)
Net finance lease assets	$	190.0	$	182.9

Non-cash transactions, including finance leases, recognized within total property, plant and equipment were $17.5 million and $23.2 million during the years ended September 30, 2023 and 2022, respectively.

The following summarizes expense associated with property, plant and equipment recognized within the Consolidated Statements of Comprehensive Income for the years ended September 30:


(In millions)	2023		2022		2021
Depreciation (includes finance leases)	$	72.0	$	54.7	$	46.8

The following presents long-lived assets comprised of net property, plant and equipment and operating lease assets by geographic area in which the assets physically reside for the years ended September 30:


	Property, plant and equipment, net				Operating lease assets
(In millions)	2023		2022		2023		2022
United States	$	774.4	$	647.7	$	247.2	$	229.0
Non-U.S.	43.9		20.9		19.3		19.1
Total	$	818.3	$	668.6	$	266.5	$	248.1