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Leases (Tables)
6 Months Ended
Mar. 31, 2022
Leases  
Schedule of components of lease expense

Three Months Ended

Six Months Ended

    

March 31, 2022

    

March 31, 2021

    

March 31, 2022

    

March 31, 2021

(in millions) 

Operating lease cost

$

43.7

$

47.2

$

87.8

$

94.7

Finance lease cost:

 

Amortization of right-of-use assets

 

4.6

3.9

8.7

6.4

Interest on lease liabilities

 

0.6

0.4

1.1

1.2

Variable lease cost

 

8.3

9.5

16.4

18.7

Total lease cost

$

57.2

$

61.0

$

114.0

$

121.0

Schedule of additional balance sheet information related to leases

As of

As of

(in millions except as noted)

    

Balance Sheet Classification

    

March 31, 2022

    

September 30, 2021

Assets:

 

  

 

  

Operating lease assets

 

Operating lease right-of-use assets

$

570.6

$

607.1

Finance lease assets

 

Property and equipment – net

53.6

44.4

Total lease assets

 

  

$

624.2

$

651.5

Liabilities:

 

  

Current:

 

  

Operating lease liabilities

 

Accrued expenses and other current liabilities

$

154.0

$

157.3

Finance lease liabilities

 

Current portion of long-term debt

17.9

13.4

Total current lease liabilities

 

  

171.9

170.7

Non-current:

 

  

Operating lease liabilities

 

Operating lease liabilities, noncurrent

636.2

679.1

Finance lease liabilities

 

Long-term debt

37.1

32.1

Total non-current lease liabilities

 

  

$

673.3

$

711.2

As of

As of

    

March 31, 2022

    

September 30, 2021

Weighted average remaining lease term (in years):

  

  

Operating leases

 

6.6

6.9

Finance leases

 

3.4

3.5

Weighted average discount rates:

 

Operating leases

 

4.1

%

4.3

%

Finance leases

 

3.9

%

4.3

%

Schedule of additional cash flow information related to leases

Six Months Ended

March 31, 

March 31, 

    

2022

    

2021

(in millions)

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

  

Operating cash flows from operating leases

$

102.7

$

113.0

Operating cash flows from finance leases

1.1

0.9

Financing cash flows from finance leases

9.7

6.0

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

31.9

67.4

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

18.4

13.4

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

    

Operating Leases

    

Finance Leases

Fiscal Year

(in millions)

2022 (six months remaining)

$

95.9

$

9.6

2023

 

166.4

19.6

2024

 

142.4

15.9

2025

 

119.1

9.9

2026

94.6

3.3

Thereafter

 

288.0

0.4

Total lease payments

$

906.4

$

58.7

Less: Amounts representing interest

$

(116.2)

$

(3.7)

Total lease liabilities

$

790.2

$

55.0