v3.26.1
Discontinued Operations (Tables)
6 Months Ended
Mar. 31, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The following table presents the financial results of Feminine Care included in (Loss) earnings from discontinued operations, net of tax for the three and six months ended March 31, 2026 and 2025:
Three Months Ended
March 31,
Six Months Ended
March 31,
2026202520262025
Net sales$23.3 $64.1 $87.3 $127.4 
Cost of products sold16.1 44.8 64.1 89.0 
Gross profit7.2 19.3 23.2 38.4 
Selling, general and administrative expense2.2 2.9 14.7 6.2 
Advertising and sales promotion expense1.5 5.6 3.5 9.8 
Research and development expense0.3 0.5 0.9 1.0 
Restructuring charges— 0.4 0.2 0.5 
Impairment charges— — 37.4 — 
Operating income (loss)3.2 9.9 (33.5)20.9 
(Gain) loss on assets held for sale(1.6)— 2.2 — 
Earnings (loss) from discontinued operations before income taxes4.8 9.9 (35.7)20.9 
Income tax provision on discontinued operations (1)
19.4 1.7 15.4 4.7 
(Loss) earnings from discontinued operations, net of tax$(14.6)$8.2 $(51.1)$16.2 
The following table reconciles the gross proceeds with the loss on assets held for sale included in (Loss) earnings from discontinued operations, net of tax:
Six Months
Ended
March 31, 2026
Gross proceeds (1)
$338.9 
Less direct costs to sell9.5 
Less carrying amount331.6 
Loss on assets held for sale$2.2 
(1) Includes gross proceeds of $340.0, net of purchase price adjustment of $1.1.
September 30, 2025
Inventories$50.9 
Other current assets8.7 
Current assets held for sale 59.6 
Property, plant and equipment, net74.3 
Goodwill154.0 
Other intangible assets, net93.1 
Other assets0.4 
Non-current assets held for sale 321.8 
Total assets held for sale381.4 
Other current liabilities5.2 
Current liabilities held for sale5.2 
Total liabilities held for sale$5.2 

The following table presents significant cash flow items from discontinued operations for the three and six months ended March 31, 2026 and 2025:

Three Months Ended
March 31,
Six Months Ended
March 31,
2026202520262025
Capital expenditures$0.8 $1.6 $1.2 $3.0 
Depreciation and amortization— 3.6 1.3 7.2