v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flow from Operating Activities    
Net (loss) income $ (76.3) $ 26.9
Depreciation and amortization 40.4 43.5
Share-based compensation expense 9.0 12.4
(Gain) loss on assets held for sale 2.2 0.0
Loss on sale of assets 1.1 1.5
Impairment charges 37.4 0.0
Deferred compensation payments (2.0) (1.9)
Deferred income taxes (39.2) (0.1)
Other, net 10.9 (8.0)
Changes in operating assets and liabilities (55.1) (144.8)
Net cash used for operating activities (71.6) (70.5)
Gross proceeds (1) 338.9  
Cash Flow from Investing Activities    
Capital expenditures (25.6) (33.9)
Collection of deferred purchase price on accounts receivable sold 1.8 2.3
Net cash provided by (used for) investing activities 315.1 (33.0)
Cash Flow from Financing Activities    
Cash proceeds from debt with original maturities greater than 90 days 398.0 605.0
Cash payments on debt with original maturities greater than 90 days (538.0) (448.0)
Proceeds from debt with original maturities of 90 days or less 4.6 3.5
Repurchase of shares (15.8) (65.7)
Dividends to common shareholders (14.5) (15.2)
Net financing inflow from the Accounts Receivable Facility 1.2 0.3
Employee shares withheld for taxes (2.8) (7.4)
Other, net (0.1) 0.0
Net cash (used for) provided by financing activities (167.4) 72.5
Effect of exchange rate changes on cash (2.1) (8.0)
Net decrease in cash and cash equivalents 74.0 (39.0)
Cash and cash equivalents, beginning of period 225.7 209.1
Cash and cash equivalents, end of period 299.7 170.1
Payment for (Proceeds from) Other Investing Activity $ 0.0 $ 1.4