Commitments and Contingencies (Tables)

3 Months Ended

Dec. 31, 2024

Commitments and Contingencies Disclosure [Abstract]

The following table summarizes our contingent contractual obligations as of December 31, 2024. Amounts presented in the following table represent the Company's current undiscounted exposure to guarantees, commitments, letters of credit, and surety bonds and the range of maximum undiscounted potential exposure. The maximum exposure is not reduced by the amounts, if any, that could be recovered under the recourse or collateralization provisions in the guarantees, commitments, letters of credit, and surety bonds.


	Amount (in $ millions)	Number of Agreements	Maximum Exposure Range for Each Agreement (in $ millions)
Guarantees and commitments	$3,040	64	$0.1 - 377.3
Letters of credit under bilateral credit facilities	6	5	0 - 3
Letters of credit under 2024 Revolver	99	35	0 - 28.1
Surety bonds	523	53	0 - 78.7
Total	$3,668	157

Schedule of Long-Term Purchase Commitment

The following table presents our future minimum purchase commitments by fiscal year, primarily for battery modules, and liquidated damages, if the minimum purchase volumes or spend are not met, as of December 31, 2024:


in thousands	Purchase Commitments		Liquidated Damages
2025	$	64,486	$	—
2026	753,576		16,200
2027	750,000		16,200
2028	750,000		16,200
2029 and thereafter	1,500,000		32,400

Total	$	3,818,062	$	81,000

Schedule of Warranty Liabilities

As of December 31, 2024 and September 30, 2024, the Company accrued the below estimated warranty liabilities, which the table reflects three months activity and twelve months activity, respectively:


In thousands	December 31, 2024		September 30, 2024
Warranty balance, beginning	$	40,242	$	26,909
Warranties issued and assumed in period	1,111		19,554
Change in estimates	—		(1,692)
Net changes in liability for warranty expirations, costs incurred, and foreign exchange impact	(3,240)		(4,529)
Warranty balance, ending	$	38,113	$	40,242
Less: Recoverable warranty costs from suppliers	12,950		12,704
Warranty balance, net of recoverable warranty costs from suppliers, at end of period	$	25,163	$	27,538