Restructuring (Tables)

6 Months Ended

Mar. 31, 2023

Restructuring and Related Activities [Abstract]

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

(1) Includes charges primarily related to consulting, relocation, environmental investigatory and mitigation costs, and other facility exit costs..

(2) Primarily includes consulting and legal fees for the restructuring program.

Schedule of Restructuring Reserve by Type of Cost

The following table summarizes the activity related to the Project Momentum restructuring program for the six months ended March 31, 2023:


					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.

The following table summarizes the activity related to the 2019 restructuring program for the six months ended March 31, 2022 and 2023:


					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	$	—	$	—

(1) At March 31, 2022, the restructuring reserve is recorded on the Consolidated (Condensed) Balance Sheet in Other current liabilities.

The following table summarizes the activity related to the 2020 restructuring program for the six months ended March 31, 2022 and 2023:


					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