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Leases (Tables)
3 Months Ended
Dec. 31, 2021
Leases  
Schedule of components of lease expense

Three Months Ended

    

December 31, 

    

December 31, 

2021

2020

(in millions) 

Operating lease cost

$

44.1

$

47.5

Finance lease cost

 

Amortization of right-of-use assets

 

4.1

2.5

Interest on lease liabilities

 

0.5

0.8

Variable lease cost

 

8.1

9.2

Total lease cost

$

56.8

$

60.0

Schedule of additional balance sheet information related to leases

As of

As of

(in millions except as noted)

    

Balance Sheet Classification

    

December 31, 2021

    

September 30, 2021

Assets:

 

  

 

  

Operating lease assets

 

Operating lease right-of-use assets

$

585.0

$

607.1

Finance lease assets

 

Property and equipment – net

48.0

 

44.4

Total lease assets

 

  

$

633.0

$

651.5

Liabilities:

 

  

 

Current:

 

  

 

Operating lease liabilities

 

Accrued expenses and other current liabilities

$

154.2

$

157.3

Finance lease liabilities

 

Current portion of long-term debt

16.2

 

13.4

Total current lease liabilities

 

  

170.4

170.7

Non-current:

 

  

Operating lease liabilities

 

Operating lease liabilities, noncurrent

653.8

 

679.1

Finance lease liabilities

 

Long-term debt

33.7

 

32.1

Total non-current lease liabilities

 

  

$

687.5

$

711.2

As of

As of

    

December 31, 2021

    

September 30, 2021

Weighted average remaining lease term (in years):

  

  

Operating leases

 

6.8

6.9

Finance leases

 

3.4

3.5

Weighted average discount rates:

 

Operating leases

 

4.2

%

4.3

%

Finance leases

 

4.1

%

4.3

%

Schedule of additional cash flow information related to leases

Three Months Ended

December 31, 

December 31, 

    

2021

    

2020

(in millions)

Cash paid for amounts included in the measurement of lease liabilities:

 

  

Operating cash flows from operating leases

$

50.8

$

57.8

Operating cash flows from finance leases

0.5

 

0.7

Financing cash flows from finance leases

4.3

 

1.9

Right-of-use assets obtained in exchange for new operating leases

14.7

 

42.6

Right-of-use assets obtained in exchange for new finance leases

7.9

 

8.4

Schedule of total remaining lease payments under the Company's operating and finance leases

    

Operating Leases

    

Finance Leases

Fiscal Year

(in millions)

2022 (nine months remaining)

$

140.6

$

14.3

2023

 

158.9

 

16.9

2024

 

137.2

 

13.2

2025

 

115.9

 

7.4

2026

92.4

 

1.5

Thereafter

 

287.0

 

Total lease payments

$

932.0

$

53.3

Less: Amounts representing interest

$

(124.0)

$

(3.4)

Total lease liabilities

$

808.0

$

49.9