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Receivables (Tables)
6 Months Ended
Mar. 31, 2021
Receivables [Abstract]  
Schedule of Receivables

 

Receivables consisted of the following (in millions):

 

 

 

March 31,

2021

 

 

September 30,

2020

 

Trade receivables - U.S. government

 

$

115.1

 

 

$

105.8

 

Trade receivables - other

 

 

739.0

 

 

 

734.0

 

Finance receivables

 

 

8.6

 

 

 

18.8

 

Other receivables

 

 

28.9

 

 

 

17.1

 

 

 

 

891.6

 

 

 

875.7

 

Less allowance for doubtful accounts

 

 

(5.7

)

 

 

(9.6

)

 

 

$

885.9

 

 

$

866.1

 

Classification of Receivables in the Condensed Consolidated Balance Sheets

 

Classification of receivables in the Condensed Consolidated Balance Sheets consisted of the following (in millions):

 

 

 

March 31,

2021

 

 

September 30,

2020

 

Current receivables

 

$

877.1

 

 

$

857.6

 

Long-term receivables

 

 

8.8

 

 

 

8.5

 

 

 

$

885.9

 

 

$

866.1

 

Schedule of Allowance for Doubtful Accounts

 

 

Changes in the Company’s allowance for doubtful accounts by type of receivable were as follows (in millions):

 

 

 

Three Months Ended March 31, 2021

 

 

Three Months Ended March 31, 2020

 

 

 

Finance

Receivables

 

 

Notes

Receivable

 

 

Trade and

Other

Receivables

 

 

Total

 

 

Finance

Receivables

 

 

Notes

Receivable

 

 

Trade and

Other

Receivables

 

 

Total

 

Allowance at beginning of period

 

$

1.4

 

 

$

 

 

$

4.4

 

 

$

5.8

 

 

$

2.0

 

 

$

0.4

 

 

$

7.3

 

 

$

9.7

 

Provision for doubtful accounts, net of recoveries

 

 

(0.3

)

 

 

 

 

 

0.2

 

 

 

(0.1

)

 

 

1.1

 

 

 

 

 

 

2.8

 

 

 

3.9

 

Charge-off of accounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.4

)

 

 

(0.2

)

 

 

(0.6

)

Allowance at end of period

 

$

1.1

 

 

$

 

 

$

4.6

 

 

$

5.7

 

 

$

3.1

 

 

$

 

 

$

9.9

 

 

$

13.0

 

 

 

 

Six Months Ended March 31, 2021

 

 

Six Months Ended March 31, 2020

 

 

 

Finance

Receivables

 

 

Notes

Receivable

 

 

Trade and

Other

Receivables

 

 

Total

 

 

Finance

Receivables

 

 

Notes

Receivable

 

 

Trade and

Other

Receivables

 

 

Total

 

Allowance at beginning of period

 

$

2.7

 

 

$

 

 

$

6.9

 

 

$

9.6

 

 

$

2.2

 

 

$

0.4

 

 

$

8.7

 

 

$

11.3

 

Provision for doubtful accounts, net of recoveries

 

 

(1.6

)

 

 

 

 

 

(2.3

)

 

 

(3.9

)

 

 

0.9

 

 

 

 

 

 

1.4

 

 

 

2.3

 

Charge-off of accounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.4

)

 

 

(0.2

)

 

 

(0.6

)

Allowance at end of period

 

$

1.1

 

 

$

 

 

$

4.6

 

 

$

5.7

 

 

$

3.1

 

 

$

 

 

$

9.9

 

 

$

13.0