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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net earnings including redeemable noncontrolling interest $ 64.6 $ 96.4
Adjustments to reconcile net earnings including redeemable noncontrolling interest to net cash flow used in operating activities:    
Depreciation and amortization 19.0 19.0
Unrealized loss (gain) on interest rate swaps 1.2 0.0
Non-cash stock-based compensation expense 1.8 0.0
Deferred income taxes (3.6) 2.3
Other, net 3.9 8.3
Other changes in operating assets and liabilities:    
Increase in receivables (6.4) (7.4)
Increase in inventories (46.1) (52.4)
Increase in prepaid expenses and other current assets (0.9) (2.5)
Decrease in other assets 1.9 0.0
Decrease in accounts payable and other current liabilities (8.2) (5.3)
Increase in non-current liabilities 0.0 1.0
Net Cash Provided by Operating Activities 27.2 59.4
Cash Flows from Investing Activities:    
Additions to property (1.3) (1.8)
Net Cash Used in Investing Activities (1.3) (1.8)
Cash Flows from Financing Activities:    
Proceeds from issuance of long-term debt 871.0 0.0
Proceeds from issuance of common stock, net of issuance costs 524.4 0.0
Repayments of long-term debt (1,372.5) 0.0
Payments of debt issuance costs and deferred financing fees (9.6) 0.0
Distributions (to) from Post Holdings, Inc., net (22.4) (65.0)
Net Cash Used in Financing Activities (9.1) (65.0)
Effect of exchange rate changes on cash and cash equivalents 0.2 (0.1)
Cash and Cash Equivalents,Period Increase (Decrease), Including Exchange Rate Effect, Total 17.0 (7.5)
Cash and Cash Equivalents, Beginning of Period 5.5 10.9
Cash and Cash Equivalents, End of Period $ 22.5 $ 3.4