v3.25.2
Supplemental Financial Information (Tables)
9 Months Ended
Jun. 30, 2025
Supplemental Financial Information [Abstract]  
Schedule of Cash and Cash Equivalents
The following provides a reconciliation of cash, cash equivalents and restricted cash reported within the Condensed Consolidated Statements of Cash Flows to the Condensed Consolidated Balance Sheets:

(In millions)June 30
2025
September 30
2024
June 30
2024
Cash and cash equivalents - continuing operations$68.3 $68.3 $65.7 
Restricted cash - continuing operations (a)
— 0.4 0.3 
Total cash, cash equivalents and restricted cash$68.3 $68.7 $66.0 
(a)Included in Prepaid expenses and other current assets within the Condensed Consolidated Balance Sheets.
Summary of Accounts Receivable
The following summarizes Valvoline’s accounts and other receivables in the Condensed Consolidated Balance Sheets as of:

(In millions)June 30
2025
September 30
2024
Current
Trade$79.5 $73.2 
Notes receivable from franchisees
11.0 5.4 
Other2.1 9.1 
Receivables, gross92.6 87.7 
Allowance for credit losses(2.8)(1.3)
Receivables, net$89.8 $86.4 
Non-current (a)
Notes receivable$2.6 $2.5 
Other4.6 4.4 
Noncurrent notes receivable, gross7.2 6.9 
Allowance for losses(2.7)(2.6)
Noncurrent notes receivable, net$4.5 $4.3 
(a)Included in Other noncurrent assets within the Condensed Consolidated Balance Sheets.
Disaggregation of Sales by Timing of Revenue Recognized and Revenue by Category
The following disaggregates the Company’s net revenues by timing of revenue recognized:

Three months ended
June 30
Nine months ended
June 30
(In millions)2025202420252024
Net revenues transferred at a point in time$416.1 $401.7 $1,191.9 $1,127.7 
Franchised revenues transferred over time22.9 19.7 64.6 55.8 
Net revenues$439.0 $421.4 $1,256.5 $1,183.5 

The following table summarizes net revenues by category:

Three months ended
June 30
Nine months ended
June 30
(In millions)2025202420252024
Oil changes and related fees$319.3 $307.9 $912.0 $868.6 
Non-oil changes and related fees93.9 93.6 275.2 258.6 
Franchise fees and other25.8 19.9 69.3 56.3 
Total$439.0 $421.4 $1,256.5 $1,183.5