v3.25.1
Retirement Plans
 6 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Retirement Plans Retirement Plans
The Company has several defined benefit pension plans covering employees in the U.S. and certain employees in other countries. The plans provide retirement benefits based on years of service and compensation. The Company also sponsors or participates in several other non-U.S. pension and postretirement arrangements, including various retirement and termination benefit plans, some of which are required by local law or coordinated with government-sponsored plans, which are not significant in the aggregate and, therefore, are not included in the information presented below.
The Company’s net periodic pension and postretirement costs for its material plans were as follows:
Three Months Ended
March 31,		Six Months Ended
March 31,
 2025202420252024
Service cost$0.6 $0.4 $1.2 $0.9 
Interest cost4.5 5.4 9.0 10.7 
Expected return on plan assets(5.3)(4.8)(10.7)(9.7)
Recognized net actuarial loss0.6 0.3 1.2 0.7 
Net periodic cost$0.4 $1.3 $0.7 $2.6 
The service cost component of the net periodic cost associated with the Company’s retirement plans is recorded to Cost of products sold and SG&A on the Condensed Consolidated Statement of Earnings and Comprehensive (Loss) Income. The remaining net periodic cost is recorded to Other (income) expense, net on the Condensed Consolidated Statement of Earnings and Comprehensive (Loss) Income.