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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities:    
Net Earnings Including Redeemable Noncontrolling Interest $ 73.9 $ 64.6
Adjustments to reconcile net earnings including redeemable noncontrolling interest to net cash provided by operating activities:    
Depreciation and amortization 48.3 19.0
Unrealized (gain) loss on interest rate swaps (1.9) 1.2
Loss on refinancing of debt 1.6 0.0
Non-cash stock-based compensation expense 3.4 1.8
Deferred income taxes (2.3) (3.6)
Other, net 3.9 3.9
Other changes in operating assets and liabilities:    
Increase in receivables (48.0) (6.4)
Decrease (increase) in inventories 9.0 (46.1)
Increase in prepaid expenses and other current assets (1.7) (0.9)
Decrease in other assets 1.9 1.9
Increase (decrease) in accounts payable and other current liabilities 57.9 (8.2)
Decrease in non-current liabilities (0.1) 0.0
Net Cash Provided by Operating Activities 145.9 27.2
Cash Flows from Investing Activities:    
Additions to property (0.8) (1.3)
Net Cash Used in Investing Activities (0.8) (1.3)
Cash Flows from Financing Activities:    
Proceeds from issuance of long-term debt 20.0 871.0
Proceeds from issuance of common stock, net of issuance costs 0.0 524.4
Repayments of long-term debt (105.0) (1,372.5)
Payments of debt issuance costs and deferred financing fees 0.0 (9.6)
Payment of debt refinancing fees (1.6) 0.0
Distributions to Post Holdings, Inc., net (17.5) (22.4)
Other, net (0.9) 0.0
Net Cash Used in Financing Activities (105.0) (9.1)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 0.6 0.2
Net Increase in Cash and Cash Equivalents 40.7 17.0
Cash and Cash Equivalents, Beginning of Year 48.7 5.5
Cash and Cash Equivalents, End of Period $ 89.4 $ 22.5