v3.26.1
Financial Instruments and Risk Management (Tables)
9 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Values of Derivative Instruments
The following table provides estimated fair values of derivative instruments:
Fair Value of Asset (Liability) (1)
Balance SheetJune 30, 2026September 30, 2025
Derivatives designated as cash flow hedging relationships:
Foreign currency contracts$4.1 $(1.4)
Derivatives not designated as cash flow hedging relationships:
Foreign currency contracts$0.1 $0.1 
(1)Derivative assets are presented in Other current assets or Other assets. Derivative liabilities are presented in Other current liabilities or Other liabilities.
Schedule of Gains and Losses on Derivative Instruments
The following table provides the pre-tax amounts of gains and losses on derivative instruments:
Three Months Ended
June 30,
Nine Months Ended
June 30,
2026202520262025
Derivatives designated as cash flow hedging relationships:
Foreign currency contracts
Gain (loss) recognized in OCI (1)
$2.2 $(5.5)$6.0 $(0.6)
Gain reclassified from AOCI into income (effective portion) (1) (2)
0.7 (0.2)0.5 1.5 
Derivatives not designated as cash flow hedging relationships:
Foreign currency contracts
Gain recognized in income (2)
$0.3 $(0.3)$1.0 $0.3 
(1)Each of these derivative instruments had a high correlation to the underlying exposure being hedged for the periods indicated and have been deemed highly effective by the Company in offsetting associated risk.
(2)Gain (loss) was recorded in Other income, net in the Condensed Consolidated Statements of Earnings and Comprehensive Income.
Schedule of Offsetting Assets and Liabilities
The following table provides financial assets and liabilities for balance sheet offsetting:
June 30, 2026September 30, 2025
Assets (1)
Liabilities (2)
Assets (1)
Liabilities (2)
Foreign currency contracts
Gross amounts of recognized assets (liabilities)$4.4 $(0.3)$0.7 $(2.4)
Gross amounts offset in the balance sheet(0.1)0.1 — 0.3 
Net amounts of assets (liabilities) presented in the balance sheet$4.3 $(0.2)$0.7 $(2.1)
(1)All derivative assets are presented in Other current assets or Other assets on the Condensed Consolidated Balance Sheets. .
(2)All derivative liabilities are presented in Other current liabilities or Other liabilities on the Condensed Consolidated Balance Sheets. .
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis
June 30, 2026September 30, 2025
(Liabilities) Assets at estimated fair value:
Deferred compensation$(21.2)$(20.7)
Derivatives - foreign currency contracts4.1 (1.4)
Net liabilities at estimated fair value$(17.1)$(22.1)