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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Common Stock in Treasury, at Cost
Balance at Sep. 30, 2020 $ 2,924.4 $ 0.7 $ 800.9 $ 2,821.4 $ (198.4) $ (500.2)
Net income 508.9     508.9    
Employee pension and postretirement benefits, net of tax 61.7       61.7  
Currency translation adjustments 3.8       3.8  
Derivative instruments, net of tax 1.9       1.9  
Cash dividends (90.4)     (90.4)    
Repurchases of Common Stock (107.8)         (107.8)
Exercise of stock options 42.8   0.2     42.6
Stock-based compensation expense 27.2   27.2      
Payment of stock-based restricted and performance shares     (23.3)     23.3
Shares tendered for taxes on stock-based compensation (14.3)         (14.3)
Other (0.5)   (0.4) (0.7)   0.6
Balance at Sep. 30, 2021 3,357.7 0.7 804.6 3,239.2 (131.0) (555.8)
Net income 24.2     24.2    
Employee pension and postretirement benefits, net of tax 8.6       8.6  
Currency translation adjustments (6.9)       (6.9)  
Derivative instruments, net of tax 0.7       0.7  
Cash dividends (24.9)     (24.9)    
Repurchases of Common Stock (150.0)         (150.0)
Exercise of stock options 2.7   0.1     2.6
Stock-based compensation expense 4.2   4.2      
Payment of stock-based restricted and performance shares     (16.5)     16.5
Shares tendered for taxes on stock-based compensation (12.0)         (12.0)
Balance at Dec. 31, 2021 3,204.3 0.7 792.4 3,238.5 (128.6) (698.7)
Net income 173.9     173.9    
Employee pension and postretirement benefits, net of tax 56.7       56.7  
Currency translation adjustments (26.4)       (26.4)  
Derivative instruments, net of tax 6.0       6.0  
Cash dividends (97.3)     (97.3)    
Repurchases of Common Stock (155.0)         (155.0)
Exercise of stock options 3.1   (0.3)     3.4
Stock-based compensation expense 28.6   28.6      
Payment of stock-based restricted and performance shares     (14.0)     14.0
Shares tendered for taxes on stock-based compensation (8.3)         (8.3)
Other 0.1   (0.7) (0.1)   0.9
Balance at Dec. 31, 2022 3,185.7 0.7 806.0 3,315.0 (92.3) (843.7)
Net income 598.0     598.0    
Employee pension and postretirement benefits, net of tax 1.9       1.9  
Currency translation adjustments 27.1       27.1  
Derivative instruments, net of tax (8.7)       (8.7)  
Cash dividends (107.2)     (107.2)    
Repurchases of Common Stock (22.5)         (22.5)
Exercise of stock options 9.2   1.5     7.7
Stock-based compensation expense 31.9   31.9      
Payment of stock-based restricted and performance shares     (16.8)     16.8
Shares tendered for taxes on stock-based compensation (11.0)         (11.0)
Other 0.9   0.4     0.5
Balance at Dec. 31, 2023 $ 3,705.3 $ 0.7 $ 823.0 $ 3,805.8 $ (72.0) $ (852.2)