XML 37 R21.htm IDEA: XBRL DOCUMENT v3.23.3
Goodwill
 12 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill GOODWILL
Changes to the carrying amount of consolidated goodwill by segment are as follows:
AmericasAsiaEuropeMiddle East and IndiaCorporate and otherTotal
Goodwill, net as of 30 September 2021$151.0 $184.3 $533.5 $8.0 $34.7 $911.5 
Acquisitions(A)
— — 17.0 7.5 — 24.5 
Currency translation and other(7.8)(11.6)(93.0)0.3 (0.9)(113.0)
Goodwill, net as of 30 September 2022$143.2 $172.7 $457.5 $15.8 $33.8 $823.0 
Currency translation and other3.4 (0.8)36.0 — 0.1 38.7 
Goodwill, net as of 30 September 2023$146.6 $171.9 $493.5 $15.8 $33.9 $861.7 
(A)Goodwill acquired in fiscal year 2022 was primarily attributable to expected cost synergies associated with small business combinations, of which $3.2 was deductible for tax purposes.
30 September202320222021
Goodwill, gross$1,158.4 $1,096.0 $1,239.2 
Accumulated impairment losses(A)
(296.7)(273.0)(327.7)
Goodwill, net$861.7 $823.0 $911.5 
(A)Accumulated impairment losses are attributable to our Latin America reporting unit ("LASA") within the Americas segment and include the impact of currency translation.
We review goodwill for impairment annually in the fourth quarter of the fiscal year and whenever events or changes in circumstances indicate that the carrying value of goodwill might not be recoverable. The impairment test for goodwill involves calculating the fair value of each reporting unit and comparing that value to the carrying value. If the fair value of the reporting unit is less than its carrying value, the difference is recorded as a goodwill impairment charge, not to exceed the total amount of goodwill allocated to that reporting unit. During the fourth quarter of fiscal year 2023, we conducted our annual goodwill impairment test and determined that the fair value of all our reporting units exceeded their carrying value.