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Debt (Tables)
12 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The following table summarizes Valvoline’s debt as of September 30:

(In millions)20242023
2031 Notes$535.0 $535.0 
2030 Notes— 600.0 
Term Loan439.4 463.1 
Revolver125.0 — 
Debt issuance costs and discounts(5.6)(12.0)
Total debt1,093.8 1,586.1 
Current portion of long-term debt23.8 23.8 
Long-term debt$1,070.0 $1,562.3 
Schedule of Maturities of Long-term Debt
The future maturities of debt outstanding as of September 30, 2024, excluding debt issuance costs and discounts, are as follows:

(In millions)
Years ending September 30
2025$23.8 
202623.8 
202723.7 
2028493.1 
2029— 
Thereafter535.0 
Total$1,099.4