Business Segment Information (Tables)

3 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Net Sales by Product Lines and Reportable Segments

Selected financial information concerning the Company’s reportable segments and product lines is as follows (in millions):

	Three Months Ended December 31,
	2021								2020
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Net sales:
Access Equipment
Aerial work platforms	$	415.3	$	—		$	415.3		$	278.0	$	—		$	278.0
Telehandlers		210.6		—			210.6			122.9		—			122.9
Other		207.4		0.2			207.6			161.5		1.3			162.8
Total Access Equipment		833.3		0.2			833.5			562.4		1.3			563.7
Defense		531.1		0.4			531.5			550.0		0.3			550.3
Fire & Emergency		217.0		1.6			218.6			269.8		4.1			273.9
Commercial
Refuse collection		98.2		—			98.2			102.3		—			102.3
Concrete placement		88.8		—			88.8			67.7		—			67.7
Other		23.2		0.4			23.6			24.2		1.5			25.7
Total Commercial		210.2		0.4			210.6			194.2		1.5			195.7
Corporate and intersegment eliminations		0.1		(2.6	)		(2.5	)		0.1		(7.2	)		(7.1	)
Consolidated	$	1,791.7	$	—		$	1,791.7		$	1,576.5	$	—		$	1,576.5

Schedule of Income (Loss) from Continuing Operations by Product Lines and Reportable Segments

	Three Months Ended December 31,
	2021			2020
Operating income (loss):
Access Equipment (a)	$	32.3		$	24.9
Defense		10.6			52.8
Fire & Emergency		9.3			35.1
Commercial		(3.3	)		11.9
Corporate		(30.9	)		(28.8	)
Consolidated		18.0			95.9
Interest expense, net of interest income		(11.8	)		(11.4	)
Miscellaneous other income (expense)		(5.6	)		(1.5	)
Income before income taxes and earnings (losses) of unconsolidated affiliates	$	0.6		$	83.0

^(a) Results for the three months ended December 31, 2020 include a $4.8 million charge for restructuring costs and $3.2 million of other costs related to restructuring plans.

Schedule of Identifiable Assets by Business Segments and by Geographical Areas

	December 31, 2021		September 30, 2021
Identifiable assets:
Access Equipment:
U.S.	$	2,311.8	$	2,191.3
Europe, Africa and Middle East		460.3		470.9
Rest of the World		383.0		371.4
Total Access Equipment		3,155.1		3,033.6
Defense:
U.S.		1,225.0		1,151.1
Rest of the World		7.2		7.2
Total Defense		1,232.2		1,158.3
Fire & Emergency - U.S.		511.2		536.3
Commercial:
U.S.		379.6		377.8
Rest of the World		45.1		54.8
Total Commercial		424.7		432.6
Corporate - U.S. (a)		1,398.6		1,730.8
Consolidated	$	6,721.8	$	6,891.6

^(a)Primarily includes cash and short-term investments and the Company’s global headquarters.

Schedule of Net Sales by Geographical Areas

The following table presents net sales by geographic region based on product shipment destination (in millions):

	Three Months Ended December 31, 2021
	Access Equipment		Defense		Fire & Emergency		Commercial		Eliminations			Total
Net sales:
North America	$	671.6	$	523.4	$	211.9	$	206.9	$	(2.5	)	$	1,611.3
Europe, Africa and Middle East		86.1		8.0		4.1		0.8		—			99.0
Rest of the World		75.8		0.1		2.6		2.9		—			81.4
Consolidated	$	833.5	$	531.5	$	218.6	$	210.6	$	(2.5	)	$	1,791.7

	Three Months Ended December 31, 2020
	Access Equipment		Defense		Fire & Emergency		Commercial		Eliminations			Total
Net sales:
North America	$	405.3	$	494.2	$	253.0	$	194.5	$	(7.1	)	$	1,339.9
Europe, Africa and Middle East		74.4		55.3		13.0		0.2		—			142.9
Rest of the World		84.0		0.8		7.9		1.0		—			93.7
Consolidated	$	563.7	$	550.3	$	273.9	$	195.7	$	(7.1	)	$	1,576.5