Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Components of Lease Costs

The components of lease costs were as follows (in millions):

	Year Ended December 31,		Three Months Ended December 31, (transition period)		Year Ended September 30,
	2022		2021		2021		2020
Operating lease cost	$	54.0	$	13.9	$	53.3	$	57.4
Variable lease cost		31.9		7.1		34.0		46.1
Short-term lease cost		11.1		2.5		9.5		8.4

Summary of Supplemental Information Related to Leases

Supplemental information related to leases was as follows (in millions):

		December 31, 2022
	Balance Sheet Classification	Finance leases			Operating leases			Total
Lease right of use assets	Other long-term assets	$	28.0		$	209.2		$	237.2
Current lease liabilities	Other current liabilities		9.9			44.6			54.5
Long-term lease liabilities	Other long-term liabilities		18.7			174.7			193.4
Weighted average remaining lease term		4.0 years			7.9 years
Weighted average discount rates			2.5	%		3.4	%

		December 31, 2021
	Balance Sheet Classification	Finance leases			Operating leases			Total
Lease right of use assets	Other long-term assets	$	29.6		$	204.5		$	234.1
Current lease liabilities	Other current liabilities		9.0			42.1			51.1
Long-term lease liabilities	Other long-term liabilities		21.1			169.1			190.2
Weighted average remaining lease term		3.6 years			7.6 years
Weighted average discount rates			1.8	%		2.8	%

		September 30, 2021
	Balance Sheet Classification	Finance leases			Operating leases			Total
Lease right of use assets	Other long-term assets	$	22.2		$	194.7		$	216.9
Current lease liabilities	Other current liabilities		6.9			39.3			46.2
Long-term lease liabilities	Other long-term liabilities		15.6			160.8			176.4
Weighted average remaining lease term		3.5 years			8 years
Weighted average discount rates			1.9	%		2.9	%

Summary Right of Use Assets Balance for Operating Leases by Segment

The table below presents the right of use asset balance for operating leases disaggregated by segment and type of lease (in millions):

	December 31, 2022
	Access Equipment		Defense		Fire & Emergency		Commercial		Corporate and intersegment eliminations		Total
Real estate leases	$	77.2	$	45.7	$	10.0	$	52.9	$	9.6	$	195.4
Equipment leases		3.6		1.1		1.1		1.5		6.5		13.8
	$	80.8	$	46.8	$	11.1	$	54.4	$	16.1	$	209.2

	December 31, 2021
	Access Equipment		Defense		Fire & Emergency		Commercial		Corporate and intersegment eliminations		Total
Real estate leases	$	92.4	$	52.6	$	12.2	$	16.9	$	11.6	$	185.7
Equipment leases		4.5		1.8		1.5		2.2		8.8		18.8
	$	96.9	$	54.4	$	13.7	$	19.1	$	20.4	$	204.5

	September 30, 2021
	Access Equipment		Defense		Fire & Emergency		Commercial		Corporate and intersegment eliminations		Total
Real estate leases	$	84.3	$	55.6	$	6.2	$	15.9	$	12.2	$	174.2
Equipment leases		5.5		2.0		1.7		2.5		8.8		20.5
	$	89.8	$	57.6	$	7.9	$	18.4	$	21.0	$	194.7

Schedule of Maturities and Minimum Payments of Operating Lease Liabilities

Maturities of operating lease liabilities at December 31, 2022 and minimum payments for operating leases having initial or remaining non-cancelable terms in excess of one year were as follows (in millions):

Amounts due in
2023	$	53.4
2024		32.3
2025		28.4
2026		22.8
2027		22.3
Thereafter		96.7
Total lease payments		255.9
Less: imputed interest		(36.6	)
Present value of lease liability	$	219.3