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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities    
Net income $ 91.6 $ 31.9
Adjustments to reconcile net income to cash flows from operating activities:    
Loss from discontinued operations 2.3 2.0
Gain on sale of operations (71.2) 0.0
Depreciation and amortization 28.0 24.6
Stock-based compensation expense 2.0 2.4
Other, net 0.2 1.0
Change in operating assets and liabilities    
Receivables 1.6 2.4
Inventories (0.6) 3.0
Payables and accrued liabilities (38.5) (43.7)
Other assets and liabilities 26.0 (1.7)
Operating cash flows from continuing operations 41.4 21.9
Operating cash flows from discontinued operations (0.2) (2.0)
Total cash provided by operating activities 41.2 19.9
Cash flows from investing activities    
Additions to property, plant and equipment (53.6) (42.3)
Acquisitions of businesses (4.4) (8.3)
Proceeds from sale of operations, net of cash disposed 121.0 0.0
Proceeds from investments 0.0 230.0
Other investing activities, net 1.0 (7.1)
Investing cash flows from continuing operations 64.0 172.3
Investing cash flows from discontinued operations 0.0 0.0
Total cash provided by investing activities 64.0 172.3
Cash flows from financing activities    
Proceeds from borrowings 25.0 0.0
Repayments on borrowings (85.9) (5.9)
Repurchases of common stock, including excise taxes of $14.3 in fiscal 2025 (45.7) (171.7)
Other financing activities (6.1) (7.1)
Financing cash flows from continuing operations (112.7) (184.7)
Financing cash flows from discontinued operations 0.0 0.0
Total cash used in financing activities (112.7) (184.7)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash (0.8) 0.1
(Decrease) increase in cash, cash equivalents and restricted cash (8.3) 7.6
Cash, cash equivalents, and restricted cash - beginning of period 68.7 413.1
Cash, cash equivalents, and restricted cash - end of period $ 60.4 $ 420.7