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Property and Equipment
12 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

6. Property and Equipment, net

Property and equipment, net consists of the following:

 

 

 

Useful
Life

 

September 30, 2022

 

 

September 30, 2021

 

Land

 

 

$

43.3

 

 

$

42.2

 

Buildings and leasehold improvements

 

2-40 yrs.

 

 

46.3

 

 

 

38.6

 

Operating equipment

 

2-7 yrs.

 

 

302.4

 

 

 

239.1

 

Transportation vehicles

 

3-7 yrs.

 

 

339.8

 

 

 

288.4

 

Office equipment and software

 

3-10 yrs.

 

 

75.1

 

 

 

74.3

 

Construction in progress

 

 

 

5.7

 

 

 

4.1

 

Property and equipment

 

 

 

 

812.6

 

 

 

686.7

 

Less: Accumulated depreciation

 

 

 

 

484.3

 

 

 

422.3

 

Property and equipment, net

 

 

 

$

328.3

 

 

$

264.4

 

 

Construction in progress includes costs incurred for software and other assets that have not yet been placed in service. Depreciation expense related to property and equipment was $98.9, $84.7 and $80.5 for the years ended September 30, 2022, September 30, 2021 and September 30, 2020, respectively.