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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2020
Accounting Standards Update 2016-02  
Schedule of Effect of New Leasing Standard to Condensed Consolidated Financial Statements

The cumulative effect of initially applying the new leasing standard to the Company’s Consolidated Financial Statements as of October 1, 2019 was as follows (in millions):

 

 

Balance as of September 30, 2019

 

 

Cumulative

Impact from

Adopting New

Lease

Standard

 

 

Balance as of October 1, 2019

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Other current assets

 

$

78.9

 

 

$

(0.5

)

 

$

78.4

 

Total current assets

 

 

3,408.3

 

 

 

(0.5

)

 

 

3,407.8

 

Other long-term assets

 

 

156.4

 

 

 

179.5

 

 

 

335.9

 

Total assets

 

 

5,566.3

 

 

 

179.0

 

 

 

5,745.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities and Shareholders’ Equity

 

 

 

 

 

 

 

 

 

 

 

 

Other current liabilities

 

$

307.3

 

 

$

46.4

 

 

$

353.7

 

Total current liabilities

 

 

1,741.9

 

 

 

46.4

 

 

 

1,788.3

 

Other long-term liabilities

 

 

405.6

 

 

 

132.6

 

 

 

538.2

 

Total liabilities and shareholders’ equity

 

 

5,566.3

 

 

 

179.0

 

 

 

5,745.3