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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:      
Net earnings including redeemable noncontrolling interest $ 116.0 $ 114.4 $ 100.1
Adjustments to reconcile net earnings including redeemable noncontrolling interest to net cash provided by operating activities:      
Depreciation and amortization 21.3 53.7 25.3
Loss on extinguishment and refinancing of debt, net 17.6 1.6 0.0
Non-cash stock-based compensation expense 9.8 4.6 2.5
Deferred income taxes (4.0) (1.5) (3.3)
Other, net 1.4 3.0 5.9
Other changes in operating assets and liabilities:      
Increase in receivables (70.7) (21.0) (14.2)
(Increase) decrease in inventories (83.9) 32.4 (11.5)
Decrease (increase) in prepaid expenses and other current assets 1.1 (5.7) (0.2)
Decrease in other assets 2.3 2.5 2.6
Increase (decrease) in accounts payable and other current liabilities 10.3 42.1 (12.1)
(Decrease) increase in non-current liabilities (0.2) 0.0 2.1
Net Cash Provided by Operating Activities 21.0 226.1 97.2
Cash Flows from Investing Activities:      
Additions to property (1.8) (1.6) (2.1)
Net Cash Used in Investing Activities (1.8) (1.6) (2.1)
Cash Flows from Financing Activities:      
Proceeds from issuance of long-term debt 164.0 20.0 881.0
Payment of merger consideration (115.5) 0.0 0.0
Proceeds from issuance of common stock, net of issuance costs 0.0 0.0 524.4
Repayments of long-term debt (674.9) (113.8) (1,416.3)
Purchases of treasury stock (42.8) 0.0 0.0
Payments of debt issuance, extinguishment and refinancing costs and deferred financing fees (11.9) (1.6) (9.6)
Distributions from (to) Post Holdings, Inc., net 547.2 (24.6) (32.1)
Other, net (1.1) (0.9) 0.0
Net Cash Used in Financing Activities (135.0) (120.9) (52.6)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (1.0) 0.3 0.7
Net (Decrease) Increase in Cash and Cash Equivalents (116.8) 103.9 43.2
Cash and Cash Equivalents, Beginning of Year 152.6 48.7 5.5
Cash and Cash Equivalents, End of Year 35.8 152.6 48.7
Noncash Investing and Financing Items [Abstract]      
Debt issued to Post Holdings, Inc. in connection with Spin-off $ 840.0 $ 0.0 $ 0.0