BUSINESS SEGMENT INFORMATION (Tables)

6 Months Ended

Mar. 31, 2026

Schedule of Revenue from External Customers by Geographic Areas

The following table presents reportable segment information for the three and six months ended March 31, 2026:


	Three Months Ended March 31, 2026
(in millions)	Customized Polymer Solutions		Durable Metal Solutions		Sustainable Fiber Solutions		Innovative Closure Solutions		Consolidated
Net sales by geographic area:
United States*	$	145.7	$	67.8	$	311.0	$	6.5	$	531.0
Europe, Middle East and Africa	147.5		223.4		0.2		11.9		383.0
Asia Pacific and Other Americas	51.6		89.2		10.6		7.4		158.8
Net sales	344.8		380.4		321.8		25.8		1,072.8
Raw material costs	153.0		211.2		179.0		9.8		553.0
Manufacturing costs	117.7		79.9		71.5		3.7		272.8
Costs of products sold	270.7		291.1		250.5		13.5		825.8

Selling, general and administrative expenses	66.6		48.1		69.6		7.4		191.7
Acquisition and integration related costs	0.7		—		—		0.7		1.4
Restructuring and other charges	3.9		4.6		7.1		0.1		15.7
Non-cash asset impairment charges	—		—		4.5		—		4.5
Loss (gain) on disposal of properties, plants and equipment, net	0.4		(2.4)		0.3		—		(1.7)

Operating profit (loss)	$	2.5	$	39.0	$	(10.2)	$	4.1	$	35.4

	Six Months Ended March 31, 2026
(in millions)	Customized Polymer Solutions		Durable Metal Solutions		Sustainable Fiber Solutions		Innovative Closure Solutions		Consolidated
Net sales by geographic area:
United States*	$	270.4	$	130.3	$	611.4	$	12.7	$	1,024.8
Europe, Middle East and Africa	275.2		432.8		0.5		21.5		730.0
Asia Pacific and Other Americas	104.3		172.1		21.8		14.6		312.8
Net sales	649.9		735.2		633.7		48.8		2,067.6
Raw material costs	288.8		411.2		357.3		11.0		1,068.3
Manufacturing costs	229.2		164.0		139.9		16.6		549.7
Costs of products sold	518.0		575.2		497.2		27.6		1,618.0

Selling, general and administrative expenses	118.4		82.2		123.7		13.5		337.8
Acquisition and integration related costs	1.4		—		—		0.7		2.1
Restructuring and other charges	6.2		8.4		15.1		0.2		29.9
Non-cash asset impairment charges	—		—		4.7		—		4.7
Loss (gain) on disposal of properties, plants and equipment, net	0.4		(2.5)		(215.3)		—		(217.4)
Loss on disposal of businesses, net	0.5		—		—		—		0.5
Operating profit	$	5.0	$	71.9	$	208.3	$	6.8	$	292.0
* The United States is the only country material to present individually. All other countries have been aggregated into regions.

The following table presents reportable segment information for the three and six months ended March 31, 2025:


	Three Months Ended March 31, 2025
(in millions)	Customized Polymer Solutions		Durable Metal Solutions		Sustainable Fiber Solutions		Innovative Closure Solutions		Consolidated
Net sales by geographic area:
United States*	$	142.6	$	72.8	$	349.5	$	6.4	$	571.3
Europe, Middle East and Africa	131.2		215.4		0.2		10.0		356.8
Asia Pacific and Other Americas	48.7		84.7		11.0		5.9		150.3
Net sales	322.5		372.9		360.7		22.3		1,078.4
Raw material costs	155.0		236.3		208.6		9.8		609.7
Manufacturing costs	90.7		52.8		74.0		2.7		220.2
Costs of products sold	245.7		289.1		282.6		12.5		829.9

Selling, general and administrative expenses	56.3		40.8		57.6		5.2		159.9
Acquisition and integration related costs	1.3		—		—		—		1.3
Restructuring and other charges	0.6		0.7		7.6		0.2		9.1

Non-cash asset impairment charges	0.7		2.1		14.0		0.4		17.2
Loss (gain) on disposal of properties, plants and equipment, net	0.1		(1.1)		1.1		—		0.1
Loss on disposal of businesses, net	—		0.2		—		—		0.2
Operating profit (loss)	$	17.8	$	41.1	$	(2.2)	$	4.0	$	60.7

	Six Months Ended March 31, 2025
(in millions)	Customized Polymer Solutions		Durable Metal Solutions		Sustainable Fiber Solutions		Innovative Closure Solutions		Consolidated
Net sales by geographic area:
United States*	$	264.7	$	136.8	$	681.0	$	12.6	$	1,095.1
Europe, Middle East and Africa	247.2		418.0		0.4		20.4		686.0
Asia Pacific and Other Americas	105.0		174.0		23.3		11.7		314.0
Net sales	616.9		728.8		704.7		44.7		2,095.1
Raw material costs	305.6		472.9		394.0		19.8		1,192.3
Manufacturing costs	175.9		103.1		168.3		7.6		454.9
Costs of products sold	481.5		576.0		562.3		27.4		1,647.2

Selling, general and administrative expenses	109.5		80.3		119.1		11.2		320.1
Acquisition and integration related costs	4.1		—		—		—		4.1
Restructuring and other charges	1.7		1.4		9.0		0.3		12.4

Non-cash asset impairment charges	1.0		2.1		14.0		0.4		17.5
Loss (gain) on disposal of properties, plants and equipment, net	0.2		(3.9)		1.4		—		(2.3)
Loss on disposal of businesses, net	—		1.3		—		—		1.3
Operating profit (loss)	$	18.9	$	71.6	$	(1.1)	$	5.4	$	94.8
* The United States is the only country material to present individually. All other countries have been aggregated into regions.

Schedule of Segment Information

The following table presents additional reportable segment information:


	Three Months Ended March 31,				Six Months Ended March 31,
(in millions)	2026		2025		2026		2025
Depreciation, depletion and amortization expense:
Customized Polymer Solutions	$	25.0	$	22.9	$	52.9	$	45.9
Durable Metal Solutions	7.6		7.0		15.2		14.2
Sustainable Fiber Solutions	23.3		25.7		46.7		52.3
Innovative Closure Solutions	1.3		1.5		2.7		3.2
Total depreciation, depletion and amortization expense	$	57.2	$	57.1	$	117.5	$	115.6
Capital expenditures:
Customized Polymer Solutions	$	16.7	$	7.0	$	27.9	$	16.9
Durable Metal Solutions	6.3		7.4		13.2		14.2
Sustainable Fiber Solutions	8.9		23.4		19.3		34.8
Innovative Closure Solutions	1.5		0.9		5.0		1.4
Total segments	33.4		38.7		65.4		67.3
Corporate and other	3.8		1.6		7.0		3.7
Total capital expenditures	$	37.2	$	40.3	$	72.4	$	71.0

Schedule of Properties, Plants and Equipment, Net by Geographical Area

The following table presents total assets by segment and total properties, plants and equipment, net by geographic area:


(in millions)	March 31, 2026		September 30, 2025
Assets:
Customized Polymer Solutions	$	1,878.5	$	1,872.9
Durable Metal Solutions	1,247.6		1,196.8
Sustainable Fiber Solutions	1,705.5		1,917.1
Innovative Closure Solutions	220.9		321.7
Total segments	5,052.5		5,308.5
Corporate and other*	544.1		458.3
Total assets	$	5,596.6	$	5,766.8
*Corporate and other assets held at corporate level or used by corporate functions that are not directly attributable to reportable segments.

Property, plant and equipment, net and lease right-of-use assets:
United States*	$	796.3	$	814.7
Europe, Middle East and Africa	378.0		392.2
Asia Pacific and other Americas	153.9		148.9
Total long-lived assets, net	$	1,328.2	$	1,355.8
*The United States is the only country material to present individually. All other countries have been aggregated into regions.