Project Momentum Restructuring - In November 2022, the Board of Directors approved a profit recovery program, Project Momentum, which includes an enterprise-wide restructuring focused on recovering operating margins, optimizing our manufacturing, distribution and global supply chain networks, and enhancing our organizational efficiency across both segments. Activities currently outlined within this plan are expected to be substantially complete by September 30, 2024. As planned, the Company expects to incur pre-tax exit-related cash operating costs associated with these plans of approximately $40 to $50, non-cash costs of approximately $10, and capital expenditures of $35 to $45 through the end of fiscal 2024.

2019 Restructuring Program - In the fourth fiscal quarter of 2019, the Company began implementing restructuring related integration plans for our manufacturing and distribution networks. These plans included the closure and combination of distribution and manufacturing facilities in order to reduce complexity and realize greater efficiencies in our manufacturing, packaging and distribution processes. All activities within these plans were substantially completed by December 31, 2021, and the Company does not expect to incur additional material charges associated with these plans.

2020 Restructuring Program - In the fourth fiscal quarter of 2020, the Company initiated a new restructuring program with a primary focus on reorganizing its global end-to-end supply chain network and ensuring accountability by category. This program included streamlining the Company’s end-to-end supply chain model to enable rapid response to category specific demands and enhancing our ability to better serve our customers. This program was substantially complete by December 31, 2021. The Company does not expect to incur additional material charges associated with this program.

The pre-tax expense for charges related to the restructuring plans for the quarters and six months ended March 31, 2023 and 2022 are noted in the table below, and were reflected in the Consolidated (Condensed) Statement of Earnings and Comprehensive Income:


	For the Quarters Ended March 31,				For the Six Months Ended March 31,
	2023		2022		2023		2022
2019 Restructuring Program
Costs of products sold
Severance and related benefit costs	$	—	$	—	$	—	$	(0.1)
Accelerated depreciation & asset write-offs	—		—		—		1.2
Other exit costs(1)	—		—		—		2.8
2019 Restructuring Total	$	—	$	—	$	—	$	3.9
2020 Restructuring Program
Costs of products sold
Severance and related benefit costs	$	—	$	—	$	—	$	0.2
Other restructuring related costs(2)	—		—		—		1.1
Selling, general and administrate expense
Severance and related benefit costs	—		—		—		0.1



2020 Restructuring Total	$	—	$	—	$	—	$	1.4
Project Momentum Restructuring
Costs of products sold
Severance and related benefit costs	$	4.9	$	—	$	4.9	$	—
Accelerated depreciation & asset write-offs	0.9		—		0.9		—
Other restructuring related costs(2)	(0.1)		—		0.2		—
Selling, general and administrate expense
Severance and related benefit costs	—		—		0.6		—
Other restructuring related costs(2)	1.8		—		7.5		—
Momentum Restructuring Cost Total	$	7.5	$	—	$	14.1	$	—
Total restructuring related expenses	$	7.5	$	—	$	14.1	$	5.3

Although the Company's restructuring costs are recorded outside of segment profit, if allocated to our reportable segments, the pre-tax restructuring costs for the quarter and six months ended March 31, 2023 would be incurred within the Battery & Lights segment in the amounts of $6.8 and $12.6 and the Auto Care segment in the amount of $0.7 and $1.5, respectively. The pre-tax restructuring costs for the six months ended March 31, 2022 would have been incurred within the Battery & Lights segment in the amount of $5.1 and the Auto Care segment in the amount of $0.2.


					Utilized
	September 30, 2022		Charge to Income		Cash		Non-Cash		March 31, 2023 (1)
Severance & termination related costs	$	—	$	5.5	$	0.6	$	—	$	4.9
Accelerated depreciation & asset write-offs	—		0.9		—		0.9		—
Other restructuring related costs	0.9		7.7		7.1		—		1.5
Total	$	0.9	$	14.1	$	7.7	$	0.9	$	6.4

(1) At March 31, 2023, the restructuring reserve is recorded on the Consolidated (Condensed) Balance Sheet in Other current liabilities and Other long term liabilities. Refer to Note 13, Supplemental Financial Statement Information for additional details.


					Utilized
	September 30, 2021		Charge to Income		Cash		Non-Cash		March 31, 2022 (1)
Severance & termination related costs	$	1.4	$	(0.1)	$	1.2	$	—	$	0.1
Accelerated depreciation & asset write-offs	—		1.2		—		1.2		—
Other exit costs	2.2		2.8		5.0		—		—
Net gain on sale of fixed assets	0.5		—		0.5		—		—
Total	$	4.1	$	3.9	$	6.7	$	1.2	$	0.1

	September 30, 2022		Charge to Income		Cash		Non-Cash		March 31, 2023 (1)
Severance & termination related costs	$	0.1	$	—	$	0.1	$	—	$	—
Total	$	0.1	$	—	$	0.1	$	—	$	—


					Utilized
	September 30, 2021		Charge to Income		Cash		Non-Cash		March 31, 2022 (1)
Severance & termination related costs	$	0.9	$	0.3	$	0.5	$	—	$	0.7
Other restructuring related costs	0.7		1.1		1.8		—		—
Total	$	1.6	$	1.4	$	2.3	$	—	$	0.7

	September 30, 2022		Charge to Income		Cash		Non-Cash		March 31, 2023 (1)
Severance & termination related costs	$	0.7	$	—	$	0.6	$	—	$	0.1
Total	$	0.7	$	—	$	0.6	$	—	$	0.1