Debt (Tables)

12 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Total Debt

The table below summarizes our total outstanding debt as reflected on our consolidated balance sheets:

30 September	2022	2021
Short-term borrowings(A)	$10.7	$2.4
Current portion of long-term debt	548.3	484.5
Long-term debt	6,433.8	6,875.7
Long-term debt – related party	652.0	274.6
Total Debt	$7,644.8	$7,637.2

(A)Includes bank obligations with weighted average interest rates of 4.2% and 0.6% as of 30 September 2022 and 2021, respectively.

Schedule of Long-term Debt Instruments

Summary of Debt Instruments

The table below summarizes the coupon interest rates, fiscal year maturities, and carrying amounts of our long-term debt, including current portion and amounts owed to related parties:

30 September	Maturities	2022	2021
Payable in U.S. Dollars
Medium-term Notes (weighted average rate)
Series E 7.6%	2026	$17.2	$17.2
Senior Notes
Note 3.0%	2022	—	400.0
Note 2.75%	2023	400.0	400.0
Note 3.35%	2024	400.0	400.0
Note 1.50%	2026	550.0	550.0
Note 1.85%	2027	650.0	650.0
Note 2.05%	2030	900.0	900.0
Note 2.70%	2040	750.0	750.0
Note 2.80%	2050	950.0	950.0
Other (weighted average rate)
Variable-rate industrial revenue bonds 1.59%	2035 to 2050	618.9	618.9
Other variable-rate 3.42%	2024 to 2032	41.4	14.4
Payable in Other Currencies
Eurobonds 1.0%	2025	294.1	347.4
Eurobonds 0.50%	2028	490.1	579.1
Eurobonds 0.80%	2032	490.1	579.1
Saudi Riyal Loan Facility variable-rate 4.10%	2023	195.6	—
New Taiwan Dollar Loan Facility 1.86%	2023 to 2028	189.0	161.8
New Taiwan Dollar Loan Facility 2.66%	2026 to 2029	31.5	—
Other	2023	0.1	0.3
Related Party Debt
Chinese Renminbi 5.5%	2023 to 2027	321.5	355.0
Chinese Renminbi 5.7%	2033	12.2	3.4
Finance Lease Obligations (weighted average rate)
Foreign 11.3%	2023 to 2036	7.6	8.1
Total Principal Amount		$7,309.3	$7,684.7
Plus: Related party shareholder loans to NGHC		447.3	—
Less: Unamortized discount and debt issuance costs		(45.4)	(50.4)
Less: Fair value hedge accounting adjustments(A)		(77.1)	0.5
Total Long-term Debt		$7,634.1	$7,634.8
Less: Current portion of long-term debt		(548.3)	(484.5)
Less: Long-term debt – related party		(652.0)	(274.6)
Long-term Debt		$6,433.8	$6,875.7

(A)Refer to Note 12, Financial Instruments, for additional information.

Schedule of Maturities of Long-term Debt

Principal maturities of long-term debt, including current portion and amounts owed to related parties, in each of the next five years and thereafter are as follows:

2023(A)	$744.0
2024	496.8
2025	398.4
2026	673.6
2027	725.0
Thereafter	4,271.5
Total	$7,309.3

(A)Principal maturities in fiscal year 2023 include the 4.10% Saudi Riyal Loan Facility of $195.6, which is presented within long-term debt on our consolidated balance sheet as of 30 September 2022 as we entered into a Saudi Riyal Loan Facility in October 2022 and utilized the proceeds to repay the outstanding balance. The new facility is due in 2027.