Spectrum Brands (SPB) 10-Q 5 Feb 21 2021 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Jan. 03, 2021	Feb. 02, 2021
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jan. 3, 2021
Document Transition Report	false
Entity File Number	1-4219
Entity Registrant Name	Spectrum Brands Holdings, Inc.
Entity Tax Identification Number	74-1339132
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	3001 Deming Way
Entity Address, City or Town	Middleton
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53562
City Area Code	608
Local Phone Number	275-3340
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Shell Company	false
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	SPB
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		42,621,893
Entity Central Index Key	0000109177
Amendment Flag	false
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2021
SB/RH
Entity Information [Line Items]
Entity File Number	333-192634-03
Entity Registrant Name	SB/RH Holdings, LLC
Entity Tax Identification Number	27-2812840
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Central Index Key	0001592706

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Financial Position - USD ($) $ in Millions	Jan. 03, 2021	Sep. 30, 2020
Assets
Cash and cash equivalents	$ 224.5	$ 531.6
Trade receivables, net	576.7	501.1
Other receivables	85.4	74.2
Inventories	696.9	557.7
Prepaid expenses and other current assets	73.8	63.5
Total current assets	1,657.3	1,728.1
Property, plant and equipment, net	395.8	396.5
Operating lease assets	108.6	103.8
Investments	12.5	66.9
Deferred charges and other	47	48.3
Goodwill	1,432.9	1,332
Intangible assets, net	1,516.7	1,431.7
Total assets	5,170.8	5,107.3
Liabilities and Shareholders' Equity
Current portion of long-term debt	15.3	15.3
Accounts payable	558	557.5
Accrued wages and salaries	59.4	95
Accrued interest	45.7	38.5
Other current liabilities	256.2	238.6
Total current liabilities	934.6	944.9
Long-term debt, net of current portion	2,481.9	2,461
Long-term operating lease liabilities	90.8	88.8
Deferred income taxes	84.5	65.4
Other long-term liabilities	134.8	131.4
Total liabilities	3,726.6	3,691.5
Commitments and contingencies (Note 19)
Shareholders' equity
Common stock	0.5	0.5
Additional paid-in capital	2,043.2	2,054.3
Accumulated earnings (deficit)	297.6	243.9
Accumulated other comprehensive loss, net of tax	(268.5)	(284.7)
Treasury stock	(637.1)	(606.5)
Total shareholders' equity	1,435.7	1,407.5
Non-controlling interest	8.5	8.3
Total equity	1,444.2	1,415.8
Total liabilities and equity	5,170.8	5,107.3
SB/RH
Assets
Cash and cash equivalents	222.8	527.6
Trade receivables, net	576.7	501.1
Other receivables	165.7	155.2
Inventories	696.9	557.7
Prepaid expenses and other current assets	73.8	63.5
Total current assets	1,735.9	1,805.1
Property, plant and equipment, net	395.8	396.5
Operating lease assets	108.6	103.8
Investments	12.5	66.9
Deferred charges and other	47	48.3
Goodwill	1,432.9	1,332
Intangible assets, net	1,516.7	1,431.7
Total assets	5,249.4	5,184.3
Liabilities and Shareholders' Equity
Current portion of long-term debt	15.3	15.3
Accounts payable	558.2	557.5
Accrued wages and salaries	59.3	95
Accrued interest	45.7	38.5
Other current liabilities	261.2	236
Total current liabilities	939.7	942.3
Long-term debt, net of current portion	2,481.9	2,461
Long-term operating lease liabilities	90.8	88.8
Deferred income taxes	300.7	288.7
Other long-term liabilities	141.9	138.3
Total liabilities	3,955	3,919.1
Commitments and contingencies (Note 19)
Shareholders' equity
Other capital	2,154.5	2,154.1
Accumulated earnings (deficit)	(601.8)	(614.2)
Accumulated other comprehensive loss, net of tax	(268.4)	(284.6)
Total shareholders' equity	1,284.3	1,255.3
Non-controlling interest	10.1	9.9
Total equity	1,294.4	1,265.2
Total liabilities and equity	$ 5,249.4	$ 5,184.3

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Net Sales	$ 1,145	$ 871.5
Cost of goods sold	722.5	592.5
Restructuring and related charges	0.2	9.9
Gross profit	422.3	269.1
Selling	166.8	146.1
General and administrative	91.9	80.4
Research and development	10.5	9.9
Restructuring and related charges	9	17.5
Transaction related charges	20.6	4.1
Loss on assets held for sale	0	32.8
Write-off from impairment of intangible assets	0	24.2
Total operating expenses	298.8	315
Operating income (loss)	123.5	(45.9)
Interest expense	36.7	34.8
Other non-operating income, net	(6.2)	(43.7)
Income (loss) from continuing operations before income taxes	93	(37)
Income tax expense	19.8	0.7
Net income (loss) from continuing operations	73.2	(37.7)
(Loss) income from discontinued operations, net of tax	(0.3)	2.8
Net income (loss)	72.9	(34.9)
Net income attributable to non-controlling interest	0.8	0.9
Net income (loss) attributable to controlling interest	72.1	(35.8)
Amounts attributable to controlling interest
Net income (loss) from continuing operations attributable to controlling interest	72.4	(38.6)
Net (loss) income from discontinued operations attributable to controlling interest	(0.3)	2.8
Net income (loss) attributable to controlling interest	$ 72.1	$ (35.8)
Earnings Per Share
Basic earnings per share from continuing operations (in dollars per share)	$ 1.69	$ (0.81)
Basic earnings per share from discontinued operations (in dollars per share)	(0.01)	0.06
Basic earnings per share (in dollars per share)	1.68	(0.75)
Diluted earnings per share from continuing operations (in dollars per share)	1.68	(0.81)
Diluted earnings per share from discontinued operations (in dollars per share)	0	0.06
Diluted earnings per share (in dollars per share)	1.68	(0.75)
Dividend per share (in dollars per share)	$ 0.42	$ 0.42
Weighted Average Shares Outstanding
Basic (in shares)	42.9	47.7
Diluted (in shares)	43	47.7
SB/RH
Net Sales	$ 1,145	$ 871.5
Cost of goods sold	722.5	592.5
Restructuring and related charges	0.2	9.9
Gross profit	422.3	269.1
Selling	166.8	146.1
General and administrative	91.3	79.5
Research and development	10.5	9.9
Restructuring and related charges	9	17.5
Transaction related charges	20.6	4.1
Loss on assets held for sale	0	32.8
Write-off from impairment of intangible assets	0	24.2
Total operating expenses	298.2	314.1
Operating income (loss)	124.1	(45)
Interest expense	36.8	34.6
Other non-operating income, net	(6.2)	(43.7)
Income (loss) from continuing operations before income taxes	93.5	(35.9)
Income tax expense	19.9	0.9
Net income (loss) from continuing operations	73.6	(36.8)
(Loss) income from discontinued operations, net of tax	(0.3)	2.8
Net income (loss)	73.3	(34)
Net income attributable to non-controlling interest	0.8	0.9
Net income (loss) attributable to controlling interest	72.5	(34.9)
Amounts attributable to controlling interest
Net income (loss) from continuing operations attributable to controlling interest	72.8	(37.7)
Net (loss) income from discontinued operations attributable to controlling interest	(0.3)	2.8
Net income (loss) attributable to controlling interest	$ 72.5	$ (34.9)

Condensed Consolidated Statem_3

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Net income (loss)	$ 72.9	$ (34.9)
Other comprehensive income (loss)
Foreign currency translation gain	19.4	26.6
Deferred tax effect	5.3	(0.1)
Net unrealized gain on foreign currency translation	24.7	26.5
Unrealized loss on derivative instruments
Unrealized loss on hedging activity before reclassification	(12.4)	(6.2)
Net reclassification for loss (gain) to income from continuing operations	2.7	(2.6)
Unrealized loss on hedging instruments after reclassification	(9.7)	(8.8)
Deferred tax effect	2.5	2.6
Net unrealized loss on hedging derivative instruments	(7.2)	(6.2)
Defined benefit pension (loss) gain
Defined benefit pension (loss) gain before reclassification	(2.2)	2.9
Net reclassification for loss to income from continuing operations	1.1	1
Defined benefit pension (loss) gain after reclassification	(1.1)	3.9
Deferred tax effect	0.2	0.1
Net defined benefit pension (loss) gain	(0.9)	4
Net change to derive comprehensive income for the periods	16.6	24.3
Comprehensive income (loss)	89.5	(10.6)
Comprehensive income attributable to non-controlling interest	0.4	0.1
Comprehensive income (loss) attributable to controlling interest	89.1	(10.7)
SB/RH
Net income (loss)	73.3	(34)
Other comprehensive income (loss)
Foreign currency translation gain	19.4	26.6
Deferred tax effect	5.3	(0.1)
Net unrealized gain on foreign currency translation	24.7	26.5
Unrealized loss on derivative instruments
Unrealized loss on hedging activity before reclassification	(12.4)	(6.2)
Net reclassification for loss (gain) to income from continuing operations	2.7	(2.6)
Unrealized loss on hedging instruments after reclassification	(9.7)	(8.8)
Deferred tax effect	2.5	2.6
Net unrealized loss on hedging derivative instruments	(7.2)	(6.2)
Defined benefit pension (loss) gain
Defined benefit pension (loss) gain before reclassification	(2.2)	2.9
Net reclassification for loss to income from continuing operations	1.1	1
Defined benefit pension (loss) gain after reclassification	(1.1)	3.9
Deferred tax effect	0.2	0.1
Net defined benefit pension (loss) gain	(0.9)	4
Net change to derive comprehensive income for the periods	16.6	24.3
Comprehensive income (loss)	89.9	(9.7)
Comprehensive income attributable to non-controlling interest	0.4	0.1
Comprehensive income (loss) attributable to controlling interest	$ 89.5	$ (9.8)

Condensed Consolidated Statem_4

Condensed Consolidated Statements Of Shareholder's Equity - USD ($) shares in Millions, $ in Millions	Total	Open Market Purchases And Private Purchases	ASR	Cumulative Effect, Period of Adoption, Adjustment	Total Shareholders' Equity	Total Shareholders' EquityOpen Market Purchases And Private Purchases	Total Shareholders' EquityASR	Common Stock	Common StockOpen Market Purchases And Private Purchases	Common StockASR	Additional Paid-in Capital	Additional Paid-in CapitalASR	Accumulated Earnings	Accumulated EarningsCumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive LossCumulative Effect, Period of Adoption, Adjustment	Treasury Stock	Treasury StockOpen Market Purchases And Private Purchases	Treasury StockASR	Non- controlling Interest	SB/RH	SB/RHCumulative Effect, Period of Adoption, Adjustment	SB/RHTotal Shareholders' Equity	SB/RHOther Capital	SB/RHAccumulated Earnings	SB/RHAccumulated EarningsCumulative Effect, Period of Adoption, Adjustment	SB/RHAccumulated Other Comprehensive Loss	SB/RHAccumulated Other Comprehensive LossCumulative Effect, Period of Adoption, Adjustment	SB/RHNon- controlling Interest
Balances, shares at Sep. 30, 2019								48.8
Balances at Sep. 30, 2019	$ 1,728.9			$ 0	$ 1,720.9			$ 0.5			$ 2,031.1		$ 223.8	$ (0.3)	$ (273.6)	$ 0.3	$ (260.9)			$ 8	$ 1,434.7	$ 0	$ 1,425.1	$ 2,113.3	$ (414.7)	$ (0.3)	$ (273.5)	$ 0.3	$ 9.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income from continuing operations	(37.7)				(38.6)								(38.6)							0.9	(36.8)		(37.7)		(37.7)				0.9
Income (loss) from discontinued operations, net of tax	2.8				2.8								2.8								2.8		2.8		2.8
Other comprehensive income (loss), net of tax	$ 24.3				24.2										24.2					0.1	24.3		24.2				24.2		0.1
Treasury stock repurchases (in shares)	(3.2)		(1.7)						(1.5)	(1.7)
Treasury stock repurchases		$ (90.6)	$ (125)			$ (90.6)	$ (125)					$ (18.7)					(196.9)	$ (90.6)	$ (106.3)
Restricted stock issued and related tax withholdings (in shares)								0.5
Restricted stock issued and related tax withholdings	$ 4.9				4.9						(13.3)		0				18.2				4.9		4.9	4.9
Share based compensation	8.5				8.5						8.5										8.5		8.5	8.5
Dividends paid to parent																					(36.7)		(36.7)		(36.7)
Dividends declared	(20.2)				(20.2)								(20.2)
Balances at Dec. 29, 2019	1,495.9				1,486.9			$ 0.5			2,007.6		167.5		(249.1)		(439.6)			9	1,401.7		1,391.1	2,126.7	(486.6)		(249)		10.6
Balances, shares at Dec. 29, 2019								46.1
Balances, shares at Sep. 30, 2019								48.8
Balances at Sep. 30, 2019	1,728.9			$ 0	1,720.9			$ 0.5			2,031.1		223.8	$ (0.3)	(273.6)	$ 0.3	(260.9)			8	1,434.7	$ 0	1,425.1	2,113.3	(414.7)	$ (0.3)	(273.5)	$ 0.3	9.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Treasury stock repurchases (in shares)			(2)
Balances at Sep. 30, 2020	1,415.8				1,407.5			$ 0.5			2,054.3		243.9		(284.7)		(606.5)			8.3	1,265.2		1,255.3	2,154.1	(614.2)		(284.6)		9.9
Balances, shares at Sep. 30, 2020								43.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income from continuing operations	73.2				72.4								72.4							0.8	73.6		72.8		72.8				0.8
Income (loss) from discontinued operations, net of tax	(0.3)				(0.3)								(0.3)								(0.3)		(0.3)		(0.3)
Other comprehensive income (loss), net of tax	$ 16.6				16.2										16.2					0.4	16.6		16.2				16.2		0.4
Treasury stock repurchases (in shares)	(0.6)		0					(0.6)
Treasury stock repurchases	$ (42.3)				(42.3)												(42.3)		$ 0
Restricted stock issued and related tax withholdings (in shares)								0.2
Restricted stock issued and related tax withholdings	(6.9)				(6.9)						(18.6)						11.7				(7.1)		(7.1)	(7.1)
Share based compensation	7.5				7.5						7.5										7.5		7.5	7.5
Dividends paid to parent																					(60.1)		(60.1)		(60.1)
Dividends declared	(18.4)				(18.4)								(18.4)
Dividend paid by subsidiary to NCI	(1)																			(1)	(1)								(1)
Balances at Jan. 03, 2021	$ 1,444.2				$ 1,435.7			$ 0.5			$ 2,043.2		$ 297.6		$ (268.5)		$ (637.1)			$ 8.5	$ 1,294.4		$ 1,284.3	$ 2,154.5	$ (601.8)		$ (268.4)		$ 10.1
Balances, shares at Jan. 03, 2021								42.7

Condensed Consolidated Statem_5

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Cash flows from operating activities
Net income (loss)	$ 72.9	$ (34.9)
(Loss) income from discontinued operations, net of tax	(0.3)	2.8
Net income (loss) from continuing operations	73.2	(37.7)
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation and amortization	35.7	41.7
Share based compensation	7.5	12.9
Unrealized gain on equity investments held	(0.8)	(38.5)
Realized gain on equity investments sold	(5.2)	0
Loss on assets held for sale	0	32.8
Write-off from impairment of intangible assets	0	24.2
Amortization of debt issuance costs and debt discount	1.4	1.6
Write-off of unamortized discount and debt issuance costs	0	1.1
Inventory acquisition step-up	0.8	0
Deferred tax expense	7.7	1.4
Net changes in operating assets and liabilities	(214.4)	(236.2)
Net cash used by operating activities from continuing operations	(94.1)	(196.7)
Net cash used by operating activities from discontinued operations	(16)	0
Net cash used by operating activities	(110.1)	(196.7)
Cash flows from investing activities
Purchases of property, plant and equipment	(11.8)	(18.7)
Proceeds from disposal of property, plant and equipment	0.1	0
Business acquisitions, net of cash acquired	(129.8)	0
Proceeds from sale of equity investment	60.5	0
Net cash used by investing activities	(81)	(18.7)
Cash flows from financing activities
Payment of debt, including premium on extinguishment	(54)	(127.5)
Proceeds from issuance of debt	0.1	103
Payment of debt issuance costs	0	(0.8)
Treasury stock purchases	(42.3)	(90.6)
Accelerated share repurchase	0	(125)
Dividends paid to shareholders	(17.8)	(19.9)
Dividends paid by subsidiary to non-controlling interest	(1)	0
Share based award tax withholding payments, net of proceeds upon vesting	(7.1)	(12.2)
Other financing activities, net	0.3	0
Net cash used by financing activities	(121.8)	(273)
Effect of exchange rate changes on cash and cash equivalents	5.8	3.5
Net change in cash, cash equivalents and restricted cash in continuing operations	(307.1)	(484.9)
Cash, cash equivalents, and restricted cash, beginning of period	533.7	627.1
Cash, cash equivalents, and restricted cash, end of period	226.6	142.2
Supplemental disclosure of cash flow information
Cash paid for interest	28.3	23.5
Cash paid for taxes	8.2	14.5
Non cash investing activities
Acquisition of property, plant and equipment through finance leases	0.1	0.7
Non cash financing activities
Issuance of shares through stock compensation plan	16.6	38.3
SB/RH
Cash flows from operating activities
Net income (loss)	73.3	(34)
(Loss) income from discontinued operations, net of tax	(0.3)	2.8
Net income (loss) from continuing operations	73.6	(36.8)
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation and amortization	35.7	41.7
Share based compensation	7.5	12.8
Unrealized gain on equity investments held	(0.8)	(38.5)
Realized gain on equity investments sold	(5.2)	0
Loss on assets held for sale	0	32.8
Write-off from impairment of intangible assets	0	24.2
Amortization of debt issuance costs and debt discount	1.4	1.3
Write-off of unamortized discount and debt issuance costs	0	1.1
Inventory acquisition step-up	0.8	0
Deferred tax expense	7.7	1.3
Net changes in operating assets and liabilities	(219.3)	(447.1)
Net cash used by operating activities from continuing operations	(98.6)	(407.2)
Net cash used by operating activities from discontinued operations	(16)	0
Net cash used by operating activities	(114.6)	(407.2)
Cash flows from investing activities
Purchases of property, plant and equipment	(11.8)	(18.7)
Business acquisitions, net of cash acquired	(129.8)	0
Proceeds from sale of equity investment	60.5	0
Net cash used by investing activities	(81)	(18.7)
Cash flows from financing activities
Payment of debt, including premium on extinguishment	(54)	(127.5)
Proceeds from issuance of debt	0.1	103
Payment of debt issuance costs	0	(0.8)
Payment of cash dividends to parent	(60.1)	(36.7)
Net cash used by financing activities	(115)	(62)
Effect of exchange rate changes on cash and cash equivalents	5.8	3.5
Net change in cash, cash equivalents and restricted cash in continuing operations	(304.8)	(484.4)
Cash, cash equivalents, and restricted cash, beginning of period	529.7	621.9
Cash, cash equivalents, and restricted cash, end of period	224.9	137.5
Supplemental disclosure of cash flow information
Cash paid for interest	28.3	23.5
Cash paid for taxes	8.2	14.5
Non cash investing activities
Acquisition of property, plant and equipment through finance leases	$ 0.1	$ 0.7

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	3 Months Ended
	Jan. 03, 2021
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation and Fiscal Period-End The accompanying unaudited condensed consolidated financial statements have been prepared by the Company and its majority owned subsidiaries in accordance with accounting principles for interim financial information generally accepted in the United States and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and notes necessary for a comprehensive presentation of financial position and results of operations. It is management’s opinion, however, that all material adjustments have been made which are necessary for a fair financial statement presentation. For further information, refer to the consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2020. SBH’s and SB/RH’s fiscal year ends September 30 and the Company reports its results using fiscal quarters whereby each three month quarterly reporting period is approximately thirteen weeks in length and ends on a Sunday. The exceptions are the first quarter, which begins on October 1, and the fourth quarter, which ends on September 30. As a result, the fiscal period end date for the three month periods included within this Quarterly Report for the Company, are January 3, 2021 and December 29, 2019. Newly Adopted Accounting Standards In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments , which was further updated and clarified by the FASB through the issuance of additional related ASUs. The ASU introduces a forward-looking approach, based on expected losses, to estimate credit losses on certain types of financial instruments, including trade receivables. The estimate of expected credit losses will require entities to incorporate considerations of historical information, current information, and reasonable and supportable forecasts. This ASU also expands the disclosure requirements to enable users of financial statements to understand the entity’s assumptions, models, and methods for estimating expected credit losses. The guidance is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2019. The Company adopted ASU 2016-13 on a modified retrospective basis effective October 1, 2020. The adoption of ASU 2016-13 did not have a material impact on the Company’s condensed consolidated financial statements. Refer to Note 6 - Receivables and Concentration of Credit Risk for further discussion on the Company's receivables and allowance for uncollectible receivables. In August 2018, the FASB issued ASU 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract . This standard provides guidance on accounting for costs of implementation activities performed in a cloud computing arrangement that is a service contract. ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license. ASU 2018-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. The Company adopted ASU 2018-15 prospectively to all implementation costs incurred after October 1, 2020, the date of adoption. Before the adoption of the standard, the implementation costs in cloud computing arrangements were expensed as incurred. The adoption of ASU 2018-15 did not have a material impact on the Company’s condensed consolidated financial statements. Transaction related charges Transaction related charges consist of transaction costs from (1) qualifying acquisition transactions associated with the purchase of net assets or equity interest of a business such as a business combination, equity investment, joint venture or purchase of non-controlling interest; (2) subsequent integration related project costs directly associated with an acquired business including costs for integration of acquired operations into the Company’s shared service platforms, termination of redundant positions and locations, employee transition costs, integration related professional fees and other post business combination expenses; and (3) divestiture support and separation costs consisting of incremental costs incurred by the continuing operations after completion of the transaction to facilitate separation of shared operations, development of transferred shared service operations, platforms and personnel transferred under the transaction. Divestiture-related charges prior to completion of the transaction qualifying as discontinued operations are recognized as a component of Income from Discontinued Operations, net of tax. Transaction costs include, but are not limited to, banking, advisory, legal, accounting, valuation, and other professional fees directly related to the respective transactions. See Note 2 - Divestitures and Note 3 – Acquisitions for further discussion. The following table summarizes transaction related charges incurred by the Company during the three month periods ended January 3, 2021 and December 29, 2019: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Armitage acquisition $ 4.8 $ — Coevorden operations divestiture 2.8 0.2 GBL divestiture 1.8 2.3 Other 11.2 1.6 Total transaction-related charges $ 20.6 $ 4.1

Divestitures

Divestitures	3 Months Ended
	Jan. 03, 2021
Discontinued Operations and Disposal Groups [Abstract]
Divestitures	DIVESTITURES The following table summarizes the components of Income from Discontinued Operations, Net of Tax in the accompanying Condensed Consolidated Statement of Income for the three month periods ended January 3, 2021 and December 29, 2019: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 (Loss) income from discontinued operations before income taxes $ (0.3) $ 2.4 Income tax benefit from discontinued operations — (0.4) (Loss) income from discontinued operations, net of tax (0.3) 2.8 (Loss) income from discontinued operations attributable to controlling interest, net of tax $ (0.3) $ 2.8 During the three month period ended January 3, 2021 the Company recognized incremental pre-tax loss on sale for changes to tax and legal indemnifications and other agreed-upon funding under the acquisition agreement for its sale and divestiture of its Global Batteries & Lighting ("GBL") and Global Auto Care ("GAC") divisions to Energizer Holdings, Inc. ("Energizer") during the year ended September 30, 2019. The Company and Energizer agreed to indemnify each other for losses arising from certain breaches of the acquisition agreement and for certain other matters. The Company has agreed to indemnify Energizer for certain liabilities relating to the assets retained by the Company, and Energizer agreed to indemnify the Company for certain liabilities assumed by Energizer, in each case as described in the acquisition agreements. As of January 3, 2021 and September 30, 2020, there are $37.2 million and $51.6 million related to indemnification payables in accordance with the acquisition agreements, respectively, including $17.5 million and $33.0 million within Other Current Liabilities on the Company’s Condensed Consolidated Statement of Financial Position, respectively, primarily attributable to current income tax indemnifications and $19.7 million and $18.6 million within Other Long-Term Liabilities on the Company’s Condensed Consolidated Statement of Financial Position, respectively, primarily attributable to income tax indemnifications associated with previously recognized uncertain tax benefits. Coevorden Operations On March 29, 2020, the Company completed its sale of the dog and cat food (“DCF”) production facility and distribution center in Coevorden, Netherlands (“Coevorden Operations”) pursuant to an agreement with United Petfood Producers NV (“UPP”) for total cash proceeds of $29.0 million received during the year ended September 30, 2020. The divestiture did not constitute a strategic shift for the Company and therefore was not considered discontinued operations. The divestiture of the Coevorden Operations was defined as a disposal of a business and a component of the GPC segment and reporting unit, resulting in the allocation of $10.6 million of GPC goodwill to the disposal group based upon a relative fair-value allocation. Assets held for sale are recognized at their estimated fair value less cost to sell, which resulted in the recognition of a loss on assets held for sale of $32.8 million during the three month period ended December 29, 2019. The Company and UPP entered into related agreements ancillary to the acquisition that became effective upon the consummation of the acquisition, including a transaction service arrangement (TSA). The Company will continue to operate its commercial DCF business following the divestiture of the Coevorden Operations and entered into a manufacturing agreement with UPP to supply the continuing DCF business, subject to an incremental tolling charge. Additionally, the Company will lease and operate the distribution center on behalf of UPP for up to 18 months following the divestiture under a lease agreement.

Acquisitions

Acquisitions	3 Months Ended
	Jan. 03, 2021
Business Combinations [Abstract]
Acquisitions	ACQUISITIONS Armitage Acquisition On October 26, 2020, the Company acquired all of the stock of Armitage Pet Care Ltd ("Armitage") for approximately $187.7 million. Armitage is a premium pet treats and toys business in Nottingham, United Kingdom including a portfolio of brands that include Armitage's dog treats brand, Good Boy®, cat treats brand, Meowee!®, and Wildbird®, bird feed products, among others, that are predominantly sold within the United Kingdom. The net assets and operating results of Armitage since the acquisition date of October 26, 2020, are included in the Company’s Condensed Consolidated Statements of Income and reported within the GPC reporting segment for the three month period ended January 3, 2021. Spectrum Brands has recorded an allocation of the purchase price to tangible and identifiable intangible assets acquired and liabilities assumed based on their fair values as of the October 26, 2020 acquisition date. The excess of the purchase price over the fair value of the net tangible assets and identifiable intangible assets of $90.7 million was recorded as goodwill, which is not deductible for tax purposes. Goodwill includes value associated with profits earned from market and expansion capabilities, synergies from integration and streamlining operational activities, the going concern of the business and the value of the assembled workforce. The preliminary fair values recorded were determined based upon a valuation with estimates and assumptions used in such valuation that are subject to change within the measurement period (up to one year from the acquisition date). The primary areas of acquisition accounting that are not yet finalized relate to amounts for intangible assets, deferred taxes, and residual goodwill. The calculation of purchase price and purchase price allocation is as follows: (in millions) Amount Cash paid $ 187.7 Debt assumed 51.0 Cash consideration $ 136.7 (in millions) Purchase Price Allocation Cash and cash equivalents $ 6.9 Trade receivables, net 16.7 Other receivables 1.9 Inventories 16.3 Prepaid expenses and other current assets 0.2 Property, plant and equipment, net 3.0 Operating lease assets 0.1 Deferred charges and other 1.0 Goodwill 90.7 Intangible assets, net 88.6 Accounts payable (9.2) Accrued wages and salaries (1.5) Other current liabilities (7.1) Long-term debt, net of current portion (51.0) Long-term operating lease liabilities (0.1) Deferred income taxes (18.0) Other long-term liabilities (1.8) Net assets acquired $ 136.7 The values allocated to intangible assets and the weighted average useful lives are as follows: (in millions) Carrying Amount Weighted Average Useful Life (Years) Tradenames $ 74.3 Indefinite Customer relationships 14.3 12 years Total intangibles acquired $ 88.6 Spectrum Brands performed a valuation of the acquired inventories, tradenames, and customer relationships. The fair value measurements are based on significant inputs not observable in the market, and therefore, represent Level 3 measurements. The following is a summary of significant inputs to the valuation: Inventory - Acquired inventory consists of branded finished goods that were valued based on the comparative sales method, which estimates the expected sales price of the finished goods inventory, reduced for all costs expected to be incurred in its completion or disposition and a profit on those costs. Tradenames - The Company valued tradenames, Good Boy® brand portfolio and Wildbird® and Other brand portfolio, using an income approach, the relief-from-royalty method. Under this method, the asset value was determined by estimating the hypothetical royalties that would have to be paid if the tradenames were not owned. Royalty rates of 8% for valuation of Good Boy® and 3% for Wildbird® and Other were selected based on consideration of several factors, including prior transactions, related trademarks and tradenames, other similar trademark licensing, and transaction agreements and the relative profitability and perceived contribution of the tradenames. Discount rate applied to the projected cash flow was 11% based on the a weighted-average cost of capital for the overall business. The resulting discounted cash flows were then tax-effected at the applicable statutory rate. Customer relationships - The Company valued customer relationships using an income and cost approach, the avoided cost and lost profits method. The underlying premise of the method is that the economic value of the asset can be estimated based on consideration of the total costs that would be avoided by having this asset in place. These costs primarily consider the costs that would be incurred to re-create the customer relationships in terms of employee salaries and the revenues and associated profits forgone due to the absence of the relationships for a period of time. Pro forma results have not been presented as the Armitage acquisition is not considered individually significant to the consolidated results of the Company.

Restructuring and Related Charg

Restructuring and Related Charges	3 Months Ended
	Jan. 03, 2021
Restructuring and Related Activities [Abstract]
Restructuring and Related Charges	RESTRUCTURING AND RELATED CHARGES Global Productivity Improvement Program – During the year ended September 30, 2019, the Company initiated a company-wide, multi-year program, which consists of various restructuring related initiatives to redirect resources and spending to drive growth, identify cost savings and pricing opportunities through standardization and optimization, develop organizational and operating optimization, and reduce overall operational complexity across the Company. Since the announcement of the project and completion of the Company’s divestitures of GBL and GAC during the year ended September 30, 2019, the project focus includes the transitioning of the Company’s continuing operations in a post-divestiture environment and separation from Energizer TSAs and reverse TSAs. Refer to Note 2 – Divestitures and Note 18 – Related Party Transactions for further discussion of continuing involvement with Energizer. The initiative includes review of global processes and organization design and structures; headcount reductions and transfers; and rightsizing the Company’s shared operations and commercial business strategy in certain regions and local jurisdictions; among others. Total cumulative costs incurred associated with the project were $134.5 million as of January 3, 2021, with approximately $31.4 million forecasted in the foreseeable future. The project costs are anticipated to be incurred through the fiscal year ending September 30, 2022. Other Restructuring Activities – The Company may enter into small, less significant initiatives and restructuring related activities to reduce costs and improve margins throughout the organization. Individually these activities are not substantial and occur over a shorter time period (generally less than 12 months). The following summarizes restructuring and related charges for the three month periods ended January 3, 2021 and December 29, 2019: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Global productivity improvement program $ 9.2 $ 26.6 Other restructuring activities — 0.8 Total restructuring and related charges $ 9.2 $ 27.4 Reported as: Cost of goods sold $ 0.2 $ 9.9 Operating expense 9.0 17.5 The following is a summary of restructuring and related charges for the three month periods ended January 3, 2021 and December 29, 2019 and cumulative costs for current restructuring initiatives as of January 3, 2021, by cost type. (in millions) Termination Other Total For the three month period ended January 3, 2021 $ 2.9 $ 6.3 $ 9.2 For the three month period ended December 29, 2019 5.3 22.1 27.4 Cumulative costs through January 3, 2021 23.4 111.1 134.5 Estimated future costs to be incurred 2.3 29.1 31.4 The following is a rollforward of the accrual related to all restructuring and related activities, included within Other Current Liabilities, by cost type for the three month period ended January 3, 2021. (in millions) Termination Other Total Accrual balance at September 30, 2020 $ 4.1 $ 6.4 $ 10.5 Provisions 0.8 4.0 4.8 Cash expenditures (1.3) (7.7) (9.0) Non-cash items 0.1 0.2 0.3 Accrual balance at January 3, 2021 $ 3.7 $ 2.9 $ 6.6 The following summarizes restructuring and related charges by segment for the three month periods ended January 3, 2021 and December 29, 2019, cumulative costs incurred through January 3, 2021, and future expected costs to be incurred by Spectrum’s segments of continuing operations: (in millions) HHI HPC GPC H&G Corporate Total For the three month period ended January 3, 2021 $ 0.2 $ 2.6 $ 1.5 $ — $ 4.9 $ 9.2 For the three month period ended December 29, 2019 0.5 1.1 10.3 0.1 15.4 27.4 Cumulative costs through January 3, 2021 1.6 15.2 22.4 2.2 93.1 134.5 Estimated future costs to be incurred 0.6 1.4 3.9 2.1 23.4 31.4

Revenue Recognition

Revenue Recognition	3 Months Ended
	Jan. 03, 2021
Revenue from Contract with Customer [Abstract]
Revenue Recognition	REVENUE RECOGNITION The Company generates all of its revenue from contracts with customers. The following table disaggregates our revenue for the three month periods ended January 3, 2021 and December 29, 2019, by the Company’s key revenue streams, segments and geographic region (based upon destination): Three Month Period Ended January 3, 2021 (in millions) HHI HPC GPC H&G Total Product Sales NA $ 397.6 $ 142.6 $ 178.1 $ 80.3 $ 798.6 EMEA — 167.5 81.3 — 248.8 LATAM 10.4 42.4 4.0 1.7 58.5 APAC 0.4 22.3 9.1 — 31.8 Licensing 0.3 3.7 1.8 0.3 6.1 Other — — 1.2 — 1.2 Total Revenue $ 408.7 $ 378.5 $ 275.5 $ 82.3 $ 1,145.0 Three Month Period Ended December 29, 2019 (in millions) HHI HPC GPC H&G Total Product Sales NA $ 281.6 $ 116.5 $ 138.5 $ 44.3 $ 580.9 EMEA 0.1 149.1 53.9 — 203.1 LATAM 10.5 36.0 3.3 1.3 51.1 APAC 5.2 17.5 7.0 — 29.7 Licensing 0.3 3.0 1.9 0.3 5.5 Other — — 1.2 — 1.2 Total Revenue $ 297.7 $ 322.1 $ 205.8 $ 45.9 $ 871.5 The Company has a broad range of customers including many large retail channels, two of which exceed 10% of consolidated Net Sales and represented 23.6% of Net Sales for the three month period ended January 3, 2021. During the three month period ended December 29, 2019, the Company had one customer with Net Sales in excess of 10% which represented 13.8% of Net Sales. In the normal course of business, the Company may allow customers to return product or take credit for product returns per the provisions in a sale agreement. Estimated product returns are recorded as a reduction in reported revenues at the time of sale based upon historical product return experience, adjusted for known trends, to arrive at the amount of consideration expected to receive. The allowance for product returns as of January 3, 2021, and September 30, 2020 was $24.1 million and $23.1 million, respectively.

Receivables and Concentration o

Receivables and Concentration of Credit Risk	3 Months Ended
	Jan. 03, 2021
Receivables [Abstract]
Receivables and Concentration of Credit Risk	RECEIVABLES AND CONCENTRATION OF CREDIT RISKThe allowance for uncollectible receivables as of January 3, 2021, and September 30, 2020 was $6.8 million and $6.4 million, respectively. The Company has a broad range of customers including many large retail channels, two of which exceed 10% of consolidated Net Trade Receivables as of January 3, 2021 and represented 32.0% of consolidated Net Trade Receivables. As of September 30, 2020, the Company had two customers with Net Trade Receivables in excess of 10%, which represented 28.0% of Net Trade Receivables

Inventories

Inventories	3 Months Ended
	Jan. 03, 2021
Inventory Disclosure [Abstract]
Inventories	INVENTORIES Inventories consist of the following: (in millions) January 3, 2021 September 30, 2020 Raw materials $ 83.8 $ 67.8 Work-in-process 76.5 60.8 Finished goods 536.6 429.1 $ 696.9 $ 557.7

Property, Plant and Equipment

Property, Plant and Equipment	3 Months Ended
	Jan. 03, 2021
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consist of the following: (in millions) January 3, 2021 September 30, 2020 Land, buildings and improvements $ 132.3 $ 134.8 Machinery, equipment and other 541.8 520.0 Finance leases 202.2 200.8 Construction in progress 30.5 29.8 Property, plant and equipment 906.8 885.4 Accumulated depreciation (511.0) (488.9) Property, plant and equipment, net $ 395.8 $ 396.5 Depreciation expense from property, plant and equipment for the three month periods ended January 3, 2021 and December 29, 2019 was $18.5 million and $24.6 million, respectively. Decrease in depreciation is attributable to accelerated depreciation realized as part of exiting GPC operating facilities in LATAM in the prior period.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Jan. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS Goodwill consists of the following: (in millions) HHI GPC H&G Total As of September 30, 2020 $ 704.8 $ 431.6 $ 195.6 $ 1,332.0 Foreign currency impact 5.3 4.9 — 10.2 Armitage acquisition (Note 3) — 90.7 — 90.7 As of January 3, 2021 $ 710.1 $ 527.2 $ 195.6 $ 1,432.9 The Company considered the impact of the COVID-19 pandemic on its future operations and cash flows and concluded that, although the duration and severity of the COVID-19 pandemic could result in future impairment charges not currently considered, no triggering event occurred during the three month period ended January 3, 2021 to indicate an impairment of goodwill. The carrying value of indefinite-lived intangibles and definite-lived intangibles assets subject to amortization and accumulated amortization are as follows: January 3, 2021 September 30, 2020 (in millions) Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Amortizable Intangible Assets: Customer relationships $ 712.7 $ (381.1) $ 331.6 $ 692.1 $ (367.9) $ 324.2 Technology assets 175.8 (107.8) 68.0 175.7 (104.1) 71.6 Tradenames 161.0 (136.2) 24.8 161.0 (132.6) 28.4 Total Amortizable Intangible Assets 1,049.5 (625.1) 424.4 1,028.8 (604.6) 424.2 Indefinite-lived Intangible Assets - Tradenames 1,092.3 — 1,092.3 1,007.5 — 1,007.5 Total Intangible Assets $ 2,141.8 $ (625.1) $ 1,516.7 $ 2,036.3 $ (604.6) $ 1,431.7 There were no impairments identified during the three month period ended January 3, 2021. While a triggering event did not occur during the three month period ended January 3, 2021, a prolonged COVID-19 pandemic negatively impacting net sales growth rate, changes in key assumptions, and other global and regional macroeconomic factors, could result in additional future impairment charges for indefinite-lived intangible assets. Amortization expense from the intangible assets for the three month periods ended January 3, 2021 and December 29, 2019 was $17.2 million and $17.1 million, respectively. Excluding the impact of any future acquisitions or changes in foreign currency, the Company estimates annual amortization expense of intangible assets for the next five fiscal years will be as follows: (in millions) Amortization 2021 $ 74.9 2022 51.8 2023 46.0 2024 45.6 2025 43.3

Debt

Debt	3 Months Ended
	Jan. 03, 2021
Debt Disclosure [Abstract]
Debt	DEBT Debt consists of the following: January 3, 2021 September 30, 2020 (in millions) Amount Rate Amount Rate Spectrum Brands Inc. Revolver Facility, variable rate, expiring June 30, 2025 $ — — % $ — — % 6.125% Notes, due December 15, 2024 250.0 6.1 % 250.0 6.1 % 5.75% Notes, due July 15, 2025 1,000.0 5.8 % 1,000.0 5.8 % 4.00% Notes, due October 1, 2026 520.6 4.0 % 499.1 4.0 % 5.00% Notes, due October 1, 2029 300.0 5.0 % 300.0 5.0 % 5.50% Notes, due July 15, 2030 300.0 5.5 % 300.0 5.5 % Other notes and obligations 3.3 7.4 % 3.2 7.6 % Obligations under capital leases 158.4 5.7 % 160.5 5.6 % Total Spectrum Brands, Inc. debt 2,532.3 2,512.8 Debt issuance costs (35.1) (36.5) Less current portion (15.3) (15.3) Long-term debt, net of current portion $ 2,481.9 $ 2,461.0 The Revolver Facility is subject to either adjusted LIBOR plus margin ranging from 1.75% to 2.75% per annum, or base rate plus margin ranging from 0.75% to 1.75% per annum. The LIBOR borrowings are subject to a 0.75% LIBOR floor. As a result of borrowings and payments under the Revolver Facility, the Company had borrowing availability of $584.5 million at January 3, 2021, net of outstanding letters of credit of $15.5 million.

Leases

Leases	3 Months Ended
	Jan. 03, 2021
Leases [Abstract]
Leases	LEASES The Company has leases primarily pertaining to manufacturing facilities, distribution centers, office space, warehouses, automobiles, machinery, computer, and office equipment that expire at various times through February 28, 2047 . We have identified embedded operating leases within certain logistic agreements for warehouses and I.T. services arrangements and recognized assets identified in the arrangements as part of operating right-of-use ("ROU") assets on the Company’s Condensed Consolidated Statement of Financial Position as of January 3, 2021. We elected to exclude certain supply chain contracts that contain embedded leases for manufacturing facilities or dedicated manufacturing lines from our ROU asset and liability calculation based on the insignificant impact to our financial statements. The following is a summary of the Company’s leases recognized on the Company’s Condensed Consolidated Statement of Financial Position as of January 3, 2021 and September 30, 2020: (in millions) Line Item January 3, 2021 September 30, 2020 Assets Operating Operating lease assets $ 108.6 $ 103.8 Finance Property, plant and equipment, net 133.2 136.3 Total leased assets $ 241.8 $ 240.1 Liabilities Current Operating Other current liabilities $ 25.6 $ 22.4 Finance Current portion of long-term debt 12.0 12.1 Long-term Operating Long-term operating lease liabilities 90.8 88.8 Finance Long-term debt, net of current portion 146.4 148.4 Total lease liabilities $ 274.8 $ 271.7 As of January 3, 2021, the Company had no significant commitments related to leases executed that have not yet commenced. The Company records its operating lease expense and amortization of finance lease ROU assets within Cost of Goods Sold or Operating Expenses in the Condensed Consolidated Statement of Income depending on the nature and use of the underlying asset. The Company records its finance interest cost within interest expense in the Condensed Consolidated Statement of Income. The components of lease costs recognized in the Condensed Consolidated Statement of Income for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Operating lease cost $ 6.2 $ 6.6 Finance lease cost Amortization of leased assets 3.8 3.6 Interest on lease liability 2.3 2.3 Variable lease cost 2.8 2.5 Total lease cost $ 15.1 $ 15.0 During the three month periods ended January 3, 2021 and December 29, 2019, the Company recognized income attributable to leases and sub-leases of $0.6 million and $0.5 million, respectively, including $0.3 million from the sublease of the Company’s Corporate Headquarters in Middleton, Wisconsin with a related party, Energizer. Income from leases and sub-leases is recognized as Other Non-Operating Income in the Condensed Consolidated Statement of Income. The following is a summary of the Company’s cash paid for amounts included in the measurement of lease liabilities recognized in the Condensed Consolidated Statement of Cash Flow, including supplemental non-cash activity related to operating leases, for the three month periods ending January 3, 2021 and December 29, 2019: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Operating cash flow from operating leases $ 5.5 $ 6.4 Operating cash flows from finance leases 2.4 2.3 Financing cash flows from finance leases 3.0 3.3 Supplemental non-cash flow disclosure Acquisition of operating lease asset through lease obligations 8.6 2.4 The following is a summary of weighted-average lease term and discount rate at January 3, 2021 and September 30, 2020: January 3, 2021 September 30, 2020 Weighted average remaining lease term Operating leases 6.2 years 6.6 years Finance leases 15.7 years 15.6 years Weighted average discount rate Operating leases 4.6 % 4.7 % Finance leases 5.6 % 5.6 % At January 3, 2021, future lease payments under operating and finance leases were as follows: (in millions) Finance Leases Operating Leases 2021 remaining balance $ 15.2 $ 20.2 2022 18.1 26.4 2023 17.1 23.4 2024 16.8 14.9 2025 19.8 12.2 Thereafter 162.6 38.6 Total lease payments 249.6 135.7 Amount representing interest (91.2) (19.3) Total minimum lease payments $ 158.4 $ 116.4
Leases	LEASES The Company has leases primarily pertaining to manufacturing facilities, distribution centers, office space, warehouses, automobiles, machinery, computer, and office equipment that expire at various times through February 28, 2047 . We have identified embedded operating leases within certain logistic agreements for warehouses and I.T. services arrangements and recognized assets identified in the arrangements as part of operating right-of-use ("ROU") assets on the Company’s Condensed Consolidated Statement of Financial Position as of January 3, 2021. We elected to exclude certain supply chain contracts that contain embedded leases for manufacturing facilities or dedicated manufacturing lines from our ROU asset and liability calculation based on the insignificant impact to our financial statements. The following is a summary of the Company’s leases recognized on the Company’s Condensed Consolidated Statement of Financial Position as of January 3, 2021 and September 30, 2020: (in millions) Line Item January 3, 2021 September 30, 2020 Assets Operating Operating lease assets $ 108.6 $ 103.8 Finance Property, plant and equipment, net 133.2 136.3 Total leased assets $ 241.8 $ 240.1 Liabilities Current Operating Other current liabilities $ 25.6 $ 22.4 Finance Current portion of long-term debt 12.0 12.1 Long-term Operating Long-term operating lease liabilities 90.8 88.8 Finance Long-term debt, net of current portion 146.4 148.4 Total lease liabilities $ 274.8 $ 271.7 As of January 3, 2021, the Company had no significant commitments related to leases executed that have not yet commenced. The Company records its operating lease expense and amortization of finance lease ROU assets within Cost of Goods Sold or Operating Expenses in the Condensed Consolidated Statement of Income depending on the nature and use of the underlying asset. The Company records its finance interest cost within interest expense in the Condensed Consolidated Statement of Income. The components of lease costs recognized in the Condensed Consolidated Statement of Income for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Operating lease cost $ 6.2 $ 6.6 Finance lease cost Amortization of leased assets 3.8 3.6 Interest on lease liability 2.3 2.3 Variable lease cost 2.8 2.5 Total lease cost $ 15.1 $ 15.0 During the three month periods ended January 3, 2021 and December 29, 2019, the Company recognized income attributable to leases and sub-leases of $0.6 million and $0.5 million, respectively, including $0.3 million from the sublease of the Company’s Corporate Headquarters in Middleton, Wisconsin with a related party, Energizer. Income from leases and sub-leases is recognized as Other Non-Operating Income in the Condensed Consolidated Statement of Income. The following is a summary of the Company’s cash paid for amounts included in the measurement of lease liabilities recognized in the Condensed Consolidated Statement of Cash Flow, including supplemental non-cash activity related to operating leases, for the three month periods ending January 3, 2021 and December 29, 2019: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Operating cash flow from operating leases $ 5.5 $ 6.4 Operating cash flows from finance leases 2.4 2.3 Financing cash flows from finance leases 3.0 3.3 Supplemental non-cash flow disclosure Acquisition of operating lease asset through lease obligations 8.6 2.4 The following is a summary of weighted-average lease term and discount rate at January 3, 2021 and September 30, 2020: January 3, 2021 September 30, 2020 Weighted average remaining lease term Operating leases 6.2 years 6.6 years Finance leases 15.7 years 15.6 years Weighted average discount rate Operating leases 4.6 % 4.7 % Finance leases 5.6 % 5.6 % At January 3, 2021, future lease payments under operating and finance leases were as follows: (in millions) Finance Leases Operating Leases 2021 remaining balance $ 15.2 $ 20.2 2022 18.1 26.4 2023 17.1 23.4 2024 16.8 14.9 2025 19.8 12.2 Thereafter 162.6 38.6 Total lease payments 249.6 135.7 Amount representing interest (91.2) (19.3) Total minimum lease payments $ 158.4 $ 116.4

Derivatives

Derivatives	3 Months Ended
	Jan. 03, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	DERIVATIVES Cash Flow Hedges Commodity Swaps. The Company is exposed to risk from fluctuating prices for raw materials, specifically zinc and brass used in its manufacturing processes of its HHI segment. The Company hedges a portion of the risk associated with the purchase of these materials using commodity swaps. The hedge contracts are designated as cash flow hedges with the fair value changes recorded in AOCI and as a hedge asset or liability, as applicable. The unrecognized changes in fair value of the hedge contracts are reclassified from AOCI into earnings when the hedged purchase of raw materials also affects earnings. The swaps effectively fix the floating price on a specified quantity of raw materials through a specified date. At January 3, 2021, the Company had a series of brass and zinc swap contracts outstanding through May 31, 2022. The derivative net gain estimated to be reclassified from AOCI into earnings over the next 12 months is $1.1 million, net of tax. The Company had the following commodity swap contracts outstanding as of January 3, 2021 and September 30, 2020: January 3, 2021 September 30, 2020 (in millions, except Notional) Notional Contract Value Notional Contract Value Brass swap contracts 909.5 Metric Tons $ 4.6 949.0 Metric Tons $ 4.4 Zinc swap contracts 2,756.0 Metric Tons $ 7.0 1,552.0 Metric Tons $ 3.4 Foreign exchange contracts. The Company periodically enters into forward foreign exchange contracts to hedge a portion of the risk from forecasted foreign currency denominated third party and intercompany sales or payments. These obligations generally require the Company to exchange foreign currencies for U.S. Dollars, Euros, Pound Sterling, Canadian Dollars, Australian Dollars, or Japanese Yen. These foreign exchange contracts are cash flow hedges of fluctuating foreign exchange related to sales of product or inventory purchases. Until the sale or purchase is recognized, the fair value of the related hedge is recorded in AOCI and as a derivative hedge asset or liability, as applicable. At the time the sale or purchase is recognized, the fair value of the related hedge is reclassified as an adjustment to Net Sales or purchase price variance in Cost of Goods Sold on the Condensed Consolidated Statements of Income. At January 3, 2021, the Company had a series of foreign exchange derivative contracts outstanding through June 30, 2022. The derivative net loss estimated to be reclassified from AOCI into earnings over the next 12 months is $10.1 million, net of tax. At January 3, 2021 and September 30, 2020, the Company had foreign exchange derivative contracts designated as cash flow hedges with a notional value of $298.2 million and $273.4 million, respectively. The following table summarizes the impact of designated cash flow hedges and the pre-tax gain (loss) recognized in the Condensed Consolidated Statement of Income for the three month periods ended January 3, 2021 and December 29, 2019, respectively: For the three month period ended January 3, 2021 (in millions) Gain (Loss) Reclassified to Continuing Operations Line Item Gain (Loss) Commodity swaps $ 0.9 Cost of goods sold $ 0.2 Foreign exchange contracts (13.3) Cost of goods sold (2.9) Total $ (12.4) $ (2.7) For the three month period ended December 29, 2019 (in millions) Gain (Loss) Reclassified to Continuing Operations Line Item Gain (Loss) Commodity swaps $ 0.2 Cost of goods sold $ (0.1) Foreign exchange contracts 0.1 Net sales — Foreign exchange contracts (6.5) Cost of goods sold 2.7 Total $ (6.2) $ 2.6 Derivative Contracts Not Designated as Hedges for Accounting Purposes Foreign exchange contracts. The Company periodically enters into foreign exchange forward contracts to economically hedge a portion of the risk from third party and intercompany payments resulting from existing obligations. These obligations generally require the Company to exchange foreign currencies for U.S. Dollars, Canadian Dollars, Euros, Pounds Sterling, Taiwanese Dollars, Philippine Pesos, Australian Dollars, Polish Zlotys, Mexican Pesos, or Japanese Yen, among others. These foreign exchange contracts are fair value hedges of a related liability or asset recorded in the accompanying Condensed Consolidated Statements of Financial Position. The gain or loss on the derivative hedge contracts is recorded in earnings as an offset to the change in value of the related liability or asset at each period end. At January 3, 2021, the Company had a series of forward exchange contracts outstanding through March 29, 2021. At January 3, 2021 and September 30, 2020, the Company had $941.7 million and $802.5 million, respectively, of notional value of such foreign exchange derivative contracts outstanding. The following summarizes the impact of derivative instruments on the accompanying Condensed Consolidated Statements of Income for the three month periods ended January 3, 2021 and December 29, 2019, pre-tax: Three Month Periods Ended (in millions) Line Item January 3, 2021 December 29, 2019 Foreign exchange contracts Other non-operating expense (income) $ (3.3) $ 7.2 Fair Value of Derivative Instruments The fair value of the Company’s outstanding derivative contracts recorded in the Condensed Consolidated Statements of Financial Position is as follows: (in millions) Line Item January 3, 2021 September 30, 2020 Derivative Assets Commodity swaps - designated as hedge Other receivables $ 1.5 $ 0.7 Commodity swaps - designated as hedge Deferred charges and other 0.1 0.1 Foreign exchange contracts - not designated as hedge Other receivables 0.6 0.4 Total Derivative Assets $ 2.2 $ 1.2 Derivative Liabilities Commodity swaps - designated as hedge Accounts payable $ 0.1 $ — Foreign exchange contracts - designated as hedge Accounts payable 13.6 3.8 Foreign exchange contracts - designated as hedge Other long term liabilities 1.2 0.3 Foreign exchange contracts - not designated as hedge Accounts payable 0.8 10.1 Total Derivative Liabilities $ 15.7 $ 14.2 The Company is exposed to the risk of default by the counterparties with which it transacts and generally does not require collateral or other security to support financial instruments subject to credit risk. The Company monitors counterparty credit risk on an individual basis by periodically assessing each counterparty’s credit rating exposure. The maximum loss due to credit risk equals the fair value of the gross asset derivatives that are concentrated with certain domestic and foreign financial institution counterparties. The Company considers these exposures when measuring its credit reserve on its derivative assets, which were not significant as of January 3, 2021. The Company’s standard contracts do not contain credit risk related contingent features whereby the Company would be required to post additional cash collateral because of a credit event. However, the Company is typically required to post collateral in the normal course of business to offset its liability positions. As of January 3, 2021, and September 30, 2020, there was no cash collateral outstanding and no posted standby letters of credit related to such liability positions. Net Investment Hedge SBI has €425.0 million aggregate principle amount of 4.00% Notes designated as a non-derivative economic hedge, or net investment hedge, of the translation of the Company’s net investments in Euro denominated subsidiaries at the time of issuance. The hedge effectiveness is measured on the beginning balance of the net investment and re-designated every three months. Any gains and losses attributable to the translation of the Euro denominated debt designated as net investment hedge are recognized as a component of foreign currency translation within AOCI, and gains and losses attributable to the translation of the undesignated portion are recognized as foreign currency translation gains or losses within Other Non-Operating Expense (Income). As of January 3, 2021 the full principal amount was designated as a net investment hedge and considered fully effective. The following summarizes the gain (loss) from the net investment hedge recognized in Other Comprehensive Income for the three month periods ended January 3, 2021 and December 29, 2019, pre-tax: Three Month Periods Ended Gain (loss) in OCI (in millions) January 3, 2021 December 29, 2019 Net investment hedge $ (21.5) $ (4.9) During the three month period ended January 3, 2021, the Company did not recognize any pre-tax gain (loss) in earnings related to the translation of the undesignated portion of debt obligation. The pre-tax loss related to the translation of the undesignated portion of the debt obligation recognized in earnings was $1.7 million for the three month period ended December 29, 2019. Net gains or losses from the net investment hedge are reclassified from AOCI into earnings upon a liquidation event or deconsolidation of Euro denominated subsidiaries.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Jan. 03, 2021
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	FAIR VALUE OF FINANCIAL INSTRUMENTS The Company has not changed the valuation techniques used in measuring the fair value of any financial assets and liabilities during the year. The carrying value and estimated fair value of financial and derivative instruments as of January 3, 2021 and September 30, 2020 according to the fair value hierarchy are as follows. January 3, 2021 September 30, 2020 (in millions) Level 1 Level 2 Level 3 Fair Value Carrying Level 1 Level 2 Level 3 Fair Value Carrying Investments $ 12.5 $ — $ — $ 12.5 $ — $ 66.9 $ — $ — $ 66.9 $ — Derivative Assets — 2.2 — 2.2 — — 1.2 — 1.2 — Derivative Liabilities — 15.7 — 15.7 — — 14.2 — 14.2 — Debt - SBH — 2,641.3 — 2,641.3 2,497.2 — 2,595.4 — 2,595.4 2,476.3 Debt - SB/RH — 2,641.3 — 2,641.3 2,497.2 — 2,595.4 — 2,595.4 2,476.3 Investments consist of our investment in Energizer common stock, which is valued at quoted market prices for identical instruments in an active market. Unrealized income (loss) from changes in fair value, realized income (loss) from sale of equity investments, plus dividend income from equity investments, are recognized as components of Other Non-Operating Income, Net on the Condensed Consolidated Statements of Income. During the three month period ended January 3, 2021, the Company sold 1.4 million shares of Energizer common stock for proceeds of $60.5 million. There were no shares sold during the three month period ended December 29, 2019. As of January 3, 2021, the company held 0.3 million shares of Energizer common stock. Subsequent to January 3, 2021, we sold the remaining shares of our Energizer common stock for $12.6 million in cash proceeds. The following is a summary of income recognized from equity investments recognized as a component of Other Non-Operating Income in the Company's Condensed Consolidated Statements of Income: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Unrealized gain on equity investments held $ 0.8 $ 38.5 Realized gain on equity investments sold 5.2 — Gain on equity investments 6.0 38.5 Dividend income from equity investments 0.2 1.6 Gain from equity investments $ 6.2 $ 40.1 The fair value measurements of the Company’s debt represent non-active market exchanged traded securities which are valued at quoted input prices that are directly observable or indirectly observable through corroboration with observable market data. See Note 10 – Debt for additional detail on outstanding debt of SBH and SB/RH. See Note 12 – Derivatives for additional detail on derivative assets and liabilities. The carrying value of cash and cash equivalents, receivables, accounts payable and short term debt approximate fair value based on the short-term nature of these assets and liabilities. Goodwill, intangible assets and other long-lived assets are tested annually or more frequently if an event occurs that indicates an impairment loss may have been incurred using fair value measurements with unobservable inputs (Level 3).

Employee Benefit Plans

Employee Benefit Plans	3 Months Ended
	Jan. 03, 2021
Retirement Benefits [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS The net periodic benefit cost for defined benefit plans for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: U.S. Plans Non U.S. Plans (in millions) January 3, 2021 December 29, 2019 January 3, 2021 December 29, 2019 Three Month Periods Ended Service cost $ 0.1 $ 0.2 $ 0.5 $ 0.6 Interest cost 0.5 0.6 0.6 0.6 Expected return on assets (0.9) (1.1) (1.0) (0.9) Settlements and curtailments — 0.9 — — Recognized net actuarial loss 0.3 0.3 0.8 0.7 Net periodic benefit cost $ — $ 0.9 $ 0.9 $ 1.0 Weighted average assumptions Discount rate 2.46% 3.07% 0.50 - 6.90% 0.75 - 7.70% Expected return on plan assets 6.00% 6.50% 0.50 - 3.40% 0.75 - 3.40% Rate of compensation increase N/A N/A 2.25 - 6.00% 2.25 - 6.00%

Shareholder's Equity

Shareholder's Equity	3 Months Ended
	Jan. 03, 2021
Equity [Abstract]
Shareholder's Equity	SHAREHOLDER’S EQUITY Share Repurchases The Company has a share repurchase program that is executed through purchases made from time to time either in the open market or otherwise. On July 24, 2018, the Board of Directors approved a $1 billion common stock repurchase program. The authorization is effective for 36 months. As part of the share repurchase program, the Company purchased treasury shares in open market purchases at market fair value, private purchases from Company employees, significant shareholders or beneficial interest owners at fair value and through an accelerated share repurchase (“ASR”) agreement with a third-party financial institution. On November 18, 2019, SBH entered into an ASR to repurchase $125.0 million of the Company’s common stock. At inception, pursuant to the agreement, the Company paid $125.0 million to the financial institution using cash on hand and took delivery of 1.7 million shares which represented approximately 85% of the total shares the Company expected to receive based on the market price at the time of the initial delivery. The transaction was accounted for as an equity transaction. The fair value of shares received initially of $106.3 million was recorded as a treasury stock transaction, with the remainder of $18.7 million recorded as a reduction to additional paid-in capital. Upon initial receipt of the shares, there was an immediate reduction in the weighted average common shares calculation for basic and diluted earnings per share. On February 24, 2020, the Company closed and settled the ASR resulting in an additional delivery of 0.3 million shares, with a fair value of $18.5 million. The total number of shares repurchased under the ASR program during the year ended September 30, 2020, was $2.0 million at an average cost per share of $61.59, based on the volume-weighted average share price of the Company’s common stock during the calculation period of the ASR program, less the applicable contractual discount. The following summarizes the activity of common stock repurchases under the program for the three month periods ended January 3, 2021 and December 29, 2019: January 3, 2021 December 29, 2019 Three Month Periods Ended (in millions except per share data) Number of Shares Repurchased Average Price Per Share Amount Number of Shares Repurchased Average Price Per Share Amount Open Market Purchases — $ — $ — 1.3 $ 62.06 $ 81.4 Private Purchases 0.6 65.27 42.3 0.2 62.30 9.2 ASR — — — 1.7 61.79 106.3 Total Purchases 0.6 $ 65.27 $ 42.3 3.2 $ 61.92 $ 196.9

Share Based Compensation

Share Based Compensation	3 Months Ended
	Jan. 03, 2021
Share-based Payment Arrangement [Abstract]
Share Based Compensation	SHARE BASED COMPENSATION Share based compensation expense is recognized as General and Administrative Expenses on the Condensed Consolidated Statements of Income. The following is a summary of share based compensation expense for the three month periods ended January 3, 2021 and December 29, 2019 for SBH and SB/RH, respectively. Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 SBH $ 7.5 $ 12.9 SB/RH $ 7.5 $ 12.8 The Company recognizes share based compensation expense from the issuance of its Restricted Stock Units (“RSUs”), primarily under its Long-Term Incentive Plan ("LTIP"), based on the fair value of the awards, as determined by the market price of the Company’s shares of common stock on the designated grant date and recognized on a straight-line basis over the requisite service period of the awards. Certain RSUs are time-based grants that provide for either 3-year cliff vesting or graded vesting depending upon the vesting conditions and forfeitures provided by the grant. Certain RSUs are performance-based awards that are dependent upon achieving specified financial metrics (adjusted EBITDA, return on adjusted equity, and adjusted free cash flow) over a designated period of time. Additionally, the Company regularly issues individual RSU awards under its equity plan to its Board members and individual employees for recognition, incentive, or retention purposes, when needed, which are primarily conditional upon time-based service conditions and included as a component of share-based compensation. In the prior year, the Company provided for a portion of its annual management incentive compensation plan ("MIP") to be paid in common stock of the Company, in lieu of cash payment. During the fourth quarter of the fiscal year ended September 30, 2020, the Company changed its MIP payout policy that previously provided for the issuance of stock for a designated pool of recipients to be fully funded through cash distribution with no stock issuance. Share based compensation expense associated with the annual MIP for the three month period ended December 29, 2019 was $4.4 million. There is no portion of annual MIP recognized in the share based compensation expense for the three month period ended January 3, 2021. The following summary of the activity in Spectrum RSUs during the three month period ended January 3, 2021: SBH SB/RH (in millions, except per share data) Units Weighted Fair Units Weighted Fair Time-based grants Vesting in less than 24 months 0.1 $ 74.32 $ 7.6 0.1 $ 74.32 $ 6.1 Vesting in more than 24 months 0.1 74.32 7.6 0.1 74.32 7.6 Total time-based grants 0.2 $ 74.32 $ 15.2 0.2 $ 74.32 $ 13.7 Performance-based grants Vesting in more than 24 months 0.3 $ 74.32 $ 22.2 0.3 $ 74.32 $ 22.2 Total performance-based grants 0.3 $ 74.32 $ 22.2 0.3 $ 74.32 $ 22.2 Total grants 0.5 $ 74.32 $ 37.4 0.5 $ 74.32 $ 35.9 SBH SB/RH (in millions, except per share data) Shares Weighted Fair Shares Weighted Fair At September 30, 2020 1.4 $ 56.41 $ 79.3 1.4 $ 56.33 $ 77.7 Granted 0.5 74.32 37.4 0.5 74.32 35.9 Forfeited (0.1) 59.06 (0.5) (0.1) 59.06 (0.5) Vested (0.3) 53.09 (17.0) (0.3) 52.38 (15.7) At January 3, 2021 1.5 $ 62.77 $ 99.2 1.5 $ 62.67 $ 97.4 The remaining unrecognized pre-tax compensation cost for SBH and SB/RH at January 3, 2021 was $67.9 million and $66.5 million, respectively.

Income Taxes

Income Taxes	3 Months Ended
	Jan. 03, 2021
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The effective tax rate for the three month periods ended January 3, 2021 and December 29, 2019 was as follows: Three Month Periods Ended Effective tax rate January 3, 2021 December 29, 2019 SBH 21.3 % (1.9) % SB/RH 21.3 % (2.5) % The estimated annual effective tax rate applied to the three month period ended January 3, 2021 differs from the US federal statutory rate of 21% principally due to income earned outside the U.S. that is subject to U.S. tax, including the U.S. tax on global intangible low taxed income (“GILTI”), certain nondeductible expenses, foreign rates that differ from the US federal statutory rate, and state income taxes. The Company has U.S. net operating loss carryforwards, which do not allow it to take advantage of the foreign-derived intangible income (“FDII”) deduction. The Company’s federal effective tax rate on GILTI is therefore 21%. On November 20, 2020, the U.S. Treasury and the Internal Revenue Service issued Final Regulations (“Regulations”) under Internal Revenue Code Sections 245A and 951A related to the treatment of previously disqualified basis under the GILTI regime. The Regulations are effective for Fiscal 2022, but the Company can elect to apply them to Fiscal 2018 through Fiscal 2021. The Company expects to satisfy the requirements necessary to apply the Regulations retroactively and has therefore estimated and recorded a benefit of $5.3 million for the impact on years prior to Fiscal 2021 in the three month period ended January 3, 2021. The Company also expects to apply the Regulations to Fiscal 2021 and has included the impact in the estimated annual effective tax rate. As of January 3, 2021, and September 30, 2020, there was $8.9 million and $1.8 million of income taxes payable on the SB/RH Condensed Consolidated Statement of Financial Position, payable to its parent company, calculated as if SB/RH were a separate taxpayer.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Jan. 03, 2021
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS Energizer Holdings, Inc. Effective as of the close of the GBL and GAC divestitures during the year ended September 30, 2019, the Company and Energizer entered into a series of TSAs and reverse TSAs that support various shared back office administrative functions including finance, sales and marketing, information technology, human resources, real estate and supply chain, customer service and procurement; to support both the transferred GBL operations and the continuing operations of Spectrum, respectively, within the various regions in which they operate. Charges associated with TSAs and reverse TSAs are recognized as bundled service costs under a fixed fee structure by the respective service or function and geographic location and one-time pass-through charges, including warehousing, freight, among others, to and from Energizer that settle on a net basis between the two parties. Charges to Energizer for TSA services are recognized as a reduction of the respective operating costs incurred by Spectrum and recognized as a component of operating expense or cost of goods sold depending upon the functions being supported by Spectrum. Charges from Energizer for reverse TSA services are recognized as operating expenses or cost of goods sold depending upon the functions being supported by Energizer. Effective January 2, 2020, Energizer closed its divestiture of the European based Varta® consumer battery business in the EMEA region to Varta AG, which also transferred TSAs and reverse TSAs associated with the divested entities to be assumed by Varta AG. As a result, a portion of the TSA and reverse TSA charges with Energizer were transferred to Varta AG. The TSAs and reverse TSAs have an overall expected time period of 12 months following the close of the transactions with some variability in expiration dependent upon the completed transition of the respective service or function and its geographic location and provide up to 12 additional months for a total duration of up to 24 months. As of January 3, 2021, the Company has exited substantially all outstanding TSAs and reverse TSAs with Energizer and Varta with an insignificant portion to close during January 2021. During the three month period ended January 3, 2021, the Company recognized net loss of $1.8 million, consisting of TSA charges of $0.8 million and reverse TSA costs of $2.6 million. During the three month period ended December 29, 2019, the Company recognized net income of $1.6 million, consisting of TSA charges of $4.4 million and reverse TSA costs of $2.8 million. In addition to the TSAs and reverse TSAs, the Company, Energizer and Varta AG will receive cash and/or make payments on behalf of the respective counterparty’s operations as part of the shared administrative functions, resulting in cash flow being commingled with the operating cash flow of the Company. The Company recognizes a net payable or receivable with Energizer and Varta AG for any outstanding TSA and reverse TSA related services and net working capital attributable to commingled cash flow. As of January 3, 2021 and September 30, 2020, the Company had net receivable of $3.8 million and $5.4 million, respectively, with Energizer included in Other Receivables on the Company’s Condensed Statement of Financial Position. As of January 3, 2021 and September 30, 2020, the Company had net payable of $0.4 million and $1.0 million, respectively, with Varta AG included in Other Current Liabilities on the Company’s Condensed Consolidated Statement of Financial Position. The Company’s H&G segment continued to manufacture certain GAC related products at its facilities and sell the products to Energizer as a third-party supplier on an ongoing basis, at inventory cost plus contracted markup, as agreed upon in the supply agreement. The supply agreement has a contracted term of 24 months, expiring in January 2021 with no renewal. Material and inventory on hand to support the supply agreement is recognized as inventory of the Company. During the three month periods ended January 3, 2021 and December 29, 2019, the Company recognized $4.1 million and $5.3 million, respectively, of revenue attributable to the Energizer supply agreement as a component of H&G revenue after completion of the GAC divestiture. As of January 3, 2021 and September 30, 2020, the Company had outstanding receivable of $2.7 million and $4.4 million, respectively, from Energizer in Trade Receivables, Net on the Company’s Condensed Statement of Financial Position associated with the H&G supply agreement. See Note 13 – Fair value of Financial Instruments for additional discussion on the Company’s investment in Energizer common stock.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jan. 03, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES The Company is a defendant in various litigation matters generally arising out of the ordinary course of business. Based on information currently available, the Company does not believe that any additional matters or proceedings presently pending will have a material adverse effect on its results of operations, financial condition, liquidity or cash flows. Environmental. The Company has provided for an estimated cost of $11.6 million as of January 3, 2021 and September 30, 2020, associated with environmental remediation activities at some of its current and former manufacturing sites, included in Other Long-Term Liabilities on the Condensed Consolidated Statement of Financial Position. The Company believes that any additional liability in excess of the amounts provided that may result from resolution of these matters, will not have a material adverse effect on the consolidated financial condition, results of operations, or cash flows of the Company. Product Liability. The Company may be named as a defendant in lawsuits involving product liability claims. The Company has recorded and maintains an estimated liability in the amount of management’s estimate for aggregate exposure for such liabilities based upon probable loss from loss reports, individual cases, and losses incurred but not reported. As of January 3, 2021 and September 30, 2020, the Company recognized $4.8 million and $5.1 million in product liability, respectively, included in Other Current Liabilities on the Condensed Consolidated Statement of Financial Position. The Company believes that any additional liability in excess of the amounts provided that may result from resolution of these matters will not have a material adverse effect on the consolidated financial condition, results of operations or cash flows of the Company. Product Warranty . The Company recognizes an estimated liability for standard warranty on certain products when we recognize revenue on the sale of the warranted products. Estimated warranty costs incorporate replacement parts, products and delivery, and are recorded as a cost of goods sold at the time of product shipment based on historical and projected warranty claim rates, claims experience and any additional anticipated future costs on previously sold products. The Company recognized $10.8 million and $10.9 million of warranty accruals as of January 3, 2021 and September 30, 2020, respectively, included in Other Current Liabilities on the Condensed Consolidated Statement of Financial Position.

Segment Information

Segment Information	3 Months Ended
	Jan. 03, 2021
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION Net sales relating to the segments for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 HHI $ 408.7 $ 297.7 HPC 378.5 322.1 GPC 275.5 205.8 H&G 82.3 45.9 Net sales $ 1,145.0 $ 871.5 The Chief Operating Decision Maker of the Company uses Adjusted EBITDA as the primary operating metric in evaluating the business and making operating decisions. EBITDA is calculated by excluding the Company’s income tax expense, interest expense, depreciation expense and amortization expense (from intangible assets) from net income. Adjusted EBITDA further excludes: • Stock based and other incentive compensation costs that consist of costs associated with long-term compensation arrangements and other equity based compensation based upon achievement of long-term performance metrics; and generally consist of non-cash, stock-based compensation. During the three month periods ended January 3, 2021 and December 29, 2019, other incentive compensation includes certain incentive bridge awards issued due to changes in the Company’s LTIP that allow for cash based payment upon employee election but do not qualify for shared-based compensation. All bridge awards fully vested in November 2020. See Note 16 - Share Based Compensation in Notes to the Condensed Consolidated Financial Statements, included elsewhere in this Quarterly report, for further details; • Restructuring and related charges, which consist of project costs associated with the restructuring initiatives across the Company's segments. See Note 4 - Restructuring and Related Charges in Notes to the Condensed Consolidated Financial Statements, included elsewhere in this Quarterly report, for further details; • Transaction related charges that consist of (1) transaction costs from qualifying acquisition transactions during the period, or subsequent integration related project costs directly associated with an acquired business; and (2) divestiture related transaction costs that are recognized in continuing operations and post-divestiture separation costs consisting of incremental costs to facilitate separation of shared operations, including development of transferred shared service operations, platforms and personnel transferred as part of the divestitures and exiting of TSAs and reverse TSAs. See Note 1 – Basis of Presentation & Significant Accounting Policies i n Notes to the Condensed Consolidated Financial Statements, included elsewhere in this Quarterly report, for further details; • Gains and losses attributable to the Company’s investment in Energizer common stock. See Note 13 – Fair Value of Financial Instruments i n Notes to the Condensed Consolidated Financial Statements, included elsewhere in this Quarterly report, for further details; • Non-cash purchase accounting inventory adjustments recognized in earnings from continuing operations subsequent to an acquisition (when applicable); • Non-cash asset impairments or write-offs realized and recognized in earnings from continuing operations (when applicable); • Other adjustments primarily consisting of costs attributable to (1) proposed settlement on outstanding litigation matters at our H&G division attributable to significant and unusual non-recurring claims with no previous history or precedent, (2) legal and litigation costs associated with Salus during the three month periods ended January 3, 2021 and December 29, 2019 as they are not considered a component of the continuing commercial products company; (3) foreign currency attributable to multicurrency loans for the three month period ended December 29, 2019, that were entered into with foreign subsidiaries in exchange for receipt of divestiture proceeds by the parent company and the distribution of the respective foreign subsidiaries’ net assets as part of the GBL and GAC divestitures during the year ended September 30, 2019; (4) expenses and cost recovery for flood damage at Company facilities in Middleton, Wisconsin during the three month period ended December 29, 2019; and (5) incremental costs for separation of a key executive during the three month period ended December 29, 2019; Segment Adjusted EBITDA for the reportable segments for SBH for the three month periods ended January 3, 2021 and December 29, 2019, are as follows: Three Month Periods Ended SBH (in millions) January 3, 2021 December 29, 2019 HHI $ 98.2 $ 42.8 HPC 50.9 36.4 GPC 53.6 31.5 H&G 10.4 (3.3) Total Segment Adjusted EBITDA 213.1 107.4 Corporate 9.0 5.2 Interest expense 36.7 34.8 Depreciation and amortization 35.7 41.7 Share and incentive based compensation 8.1 14.5 Restructuring and related charges 9.2 27.4 Transaction related charges 20.6 4.1 Gain on Energizer investment (6.0) (38.5) Loss on assets held for sale — 32.8 Write-off from impairment of intangible assets — 24.2 Inventory acquisition step-up 0.8 — Other 6.0 (1.8) Income (loss) from operations before income taxes $ 93.0 $ (37.0) Segment Adjusted EBITDA for reportable segments for SB/RH for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: Three Month Periods Ended SB/RH (in millions) January 3, 2021 December 29, 2019 HHI $ 98.2 $ 42.8 HPC 50.9 36.4 GPC 53.6 31.5 H&G 10.4 (3.3) Total Segment Adjusted EBITDA 213.1 107.4 Corporate 8.5 4.9 Interest expense 36.8 34.6 Depreciation and amortization 35.7 41.7 Share and incentive based compensation 8.1 14.4 Restructuring and related charges 9.2 27.4 Transaction related charges 20.6 4.1 Gain on Energizer investment (6.0) (38.5) Loss on assets held for sale — 32.8 Write-off from impairment of intangible assets — 24.2 Inventory acquisition step-up 0.8 — Other 5.9 (2.3) Income (loss) from operations before income taxes $ 93.5 $ (35.9)

Earnings Per Share - SBH

Earnings Per Share - SBH	3 Months Ended
	Jan. 03, 2021
Earnings Per Share [Abstract]
Earnings Per Share - SBH	EARNINGS PER SHARE – SBH The reconciliation of the numerator and denominator of the basic and diluted earnings per share calculation and the anti-dilutive shares for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: Three Month Periods Ended (in millions, except per share amounts) January 3, 2021 December 29, 2019 Numerator Net income (loss) from continuing operations attributable to controlling interest $ 72.4 $ (38.6) (Loss) income from discontinued operations attributable to controlling interest (0.3) 2.8 Net income (loss) attributable to controlling interest $ 72.1 $ (35.8) Denominator Weighted average shares outstanding - basic 42.9 47.7 Dilutive shares 0.1 — Weighted average shares outstanding - diluted 43.0 47.7 Earnings per share Basic earnings per share from continuing operations $ 1.69 $ (0.81) Basic earnings per share from discontinued operations (0.01) 0.06 Basic earnings per share $ 1.68 $ (0.75) Diluted earnings per share from continuing operations $ 1.68 $ (0.81) Diluted earnings per share from discontinued operations — 0.06 Diluted earnings per share $ 1.68 $ (0.75) Weighted average number of anti-dilutive shares excluded from denominator — 0.1

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	3 Months Ended
	Jan. 03, 2021
Accounting Policies [Abstract]
Principles of Consolidation and Fiscal Period-End	Principles of Consolidation and Fiscal Period-End The accompanying unaudited condensed consolidated financial statements have been prepared by the Company and its majority owned subsidiaries in accordance with accounting principles for interim financial information generally accepted in the United States and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and notes necessary for a comprehensive presentation of financial position and results of operations. It is management’s opinion, however, that all material adjustments have been made which are necessary for a fair financial statement presentation. For further information, refer to the consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2020. SBH’s and SB/RH’s fiscal year ends September 30 and the Company reports its results using fiscal quarters whereby each three month quarterly reporting period is approximately thirteen weeks in length and ends on a Sunday. The exceptions are the first quarter, which begins on October 1, and the fourth quarter, which ends on September 30. As a result, the fiscal period end date for the three month periods included within this Quarterly Report for the Company, are January 3, 2021 and December 29, 2019.
Newly Adopted Accounting Standards	Newly Adopted Accounting Standards In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments , which was further updated and clarified by the FASB through the issuance of additional related ASUs. The ASU introduces a forward-looking approach, based on expected losses, to estimate credit losses on certain types of financial instruments, including trade receivables. The estimate of expected credit losses will require entities to incorporate considerations of historical information, current information, and reasonable and supportable forecasts. This ASU also expands the disclosure requirements to enable users of financial statements to understand the entity’s assumptions, models, and methods for estimating expected credit losses. The guidance is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2019. The Company adopted ASU 2016-13 on a modified retrospective basis effective October 1, 2020. The adoption of ASU 2016-13 did not have a material impact on the Company’s condensed consolidated financial statements. Refer to Note 6 - Receivables and Concentration of Credit Risk for further discussion on the Company's receivables and allowance for uncollectible receivables. In August 2018, the FASB issued ASU 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract . This standard provides guidance on accounting for costs of implementation activities performed in a cloud computing arrangement that is a service contract. ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license. ASU 2018-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. The Company adopted ASU 2018-15 prospectively to all implementation costs incurred after October 1, 2020, the date of adoption. Before the adoption of the standard, the implementation costs in cloud computing arrangements were expensed as incurred. The adoption of ASU 2018-15 did not have a material impact on the Company’s condensed consolidated financial statements.
Transaction Related Charges	Transaction related chargesTransaction related charges consist of transaction costs from (1) qualifying acquisition transactions associated with the purchase of net assets or equity interest of a business such as a business combination, equity investment, joint venture or purchase of non-controlling interest; (2) subsequent integration related project costs directly associated with an acquired business including costs for integration of acquired operations into the Company’s shared service platforms, termination of redundant positions and locations, employee transition costs, integration related professional fees and other post business combination expenses; and (3) divestiture support and separation costs consisting of incremental costs incurred by the continuing operations after completion of the transaction to facilitate separation of shared operations, development of transferred shared service operations, platforms and personnel transferred under the transaction. Divestiture-related charges prior to completion of the transaction qualifying as discontinued operations are recognized as a component of Income from Discontinued Operations, net of tax. Transaction costs include, but are not limited to, banking, advisory, legal, accounting, valuation, and other professional fees directly related to the respective transactions.

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Tables)	3 Months Ended
	Jan. 03, 2021
Accounting Policies [Abstract]
Schedule Of Transaction Related Charges	The following table summarizes transaction related charges incurred by the Company during the three month periods ended January 3, 2021 and December 29, 2019: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Armitage acquisition $ 4.8 $ — Coevorden operations divestiture 2.8 0.2 GBL divestiture 1.8 2.3 Other 11.2 1.6 Total transaction-related charges $ 20.6 $ 4.1

Divestitures (Tables)

Divestitures (Tables)	3 Months Ended
	Jan. 03, 2021
Discontinued Operations and Disposal Groups [Abstract]
Summary of Components of Income From Discontinued Operations, Net of Tax	The following table summarizes the components of Income from Discontinued Operations, Net of Tax in the accompanying Condensed Consolidated Statement of Income for the three month periods ended January 3, 2021 and December 29, 2019: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 (Loss) income from discontinued operations before income taxes $ (0.3) $ 2.4 Income tax benefit from discontinued operations — (0.4) (Loss) income from discontinued operations, net of tax (0.3) 2.8 (Loss) income from discontinued operations attributable to controlling interest, net of tax $ (0.3) $ 2.8

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Jan. 03, 2021
Business Combinations [Abstract]
Schedule of Purchase Price Allocation	The calculation of purchase price and purchase price allocation is as follows: (in millions) Amount Cash paid $ 187.7 Debt assumed 51.0 Cash consideration $ 136.7
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	(in millions) Purchase Price Allocation Cash and cash equivalents $ 6.9 Trade receivables, net 16.7 Other receivables 1.9 Inventories 16.3 Prepaid expenses and other current assets 0.2 Property, plant and equipment, net 3.0 Operating lease assets 0.1 Deferred charges and other 1.0 Goodwill 90.7 Intangible assets, net 88.6 Accounts payable (9.2) Accrued wages and salaries (1.5) Other current liabilities (7.1) Long-term debt, net of current portion (51.0) Long-term operating lease liabilities (0.1) Deferred income taxes (18.0) Other long-term liabilities (1.8) Net assets acquired $ 136.7
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	The values allocated to intangible assets and the weighted average useful lives are as follows: (in millions) Carrying Amount Weighted Average Useful Life (Years) Tradenames $ 74.3 Indefinite Customer relationships 14.3 12 years Total intangibles acquired $ 88.6

Restructuring And Related Cha_2

Restructuring And Related Charges (Tables)	3 Months Ended
	Jan. 03, 2021
Restructuring and Related Activities [Abstract]
Summary of Restructuring and Related Charges	The following summarizes restructuring and related charges for the three month periods ended January 3, 2021 and December 29, 2019: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Global productivity improvement program $ 9.2 $ 26.6 Other restructuring activities — 0.8 Total restructuring and related charges $ 9.2 $ 27.4 Reported as: Cost of goods sold $ 0.2 $ 9.9 Operating expense 9.0 17.5
Summary of Costs Incurred and Cumulative Costs By Cost Type	The following is a summary of restructuring and related charges for the three month periods ended January 3, 2021 and December 29, 2019 and cumulative costs for current restructuring initiatives as of January 3, 2021, by cost type. (in millions) Termination Other Total For the three month period ended January 3, 2021 $ 2.9 $ 6.3 $ 9.2 For the three month period ended December 29, 2019 5.3 22.1 27.4 Cumulative costs through January 3, 2021 23.4 111.1 134.5 Estimated future costs to be incurred 2.3 29.1 31.4
Rollforward of Restructuring Accrual	The following is a rollforward of the accrual related to all restructuring and related activities, included within Other Current Liabilities, by cost type for the three month period ended January 3, 2021. (in millions) Termination Other Total Accrual balance at September 30, 2020 $ 4.1 $ 6.4 $ 10.5 Provisions 0.8 4.0 4.8 Cash expenditures (1.3) (7.7) (9.0) Non-cash items 0.1 0.2 0.3 Accrual balance at January 3, 2021 $ 3.7 $ 2.9 $ 6.6
Summary of Costs Incurred By Reporting Segment	The following summarizes restructuring and related charges by segment for the three month periods ended January 3, 2021 and December 29, 2019, cumulative costs incurred through January 3, 2021, and future expected costs to be incurred by Spectrum’s segments of continuing operations: (in millions) HHI HPC GPC H&G Corporate Total For the three month period ended January 3, 2021 $ 0.2 $ 2.6 $ 1.5 $ — $ 4.9 $ 9.2 For the three month period ended December 29, 2019 0.5 1.1 10.3 0.1 15.4 27.4 Cumulative costs through January 3, 2021 1.6 15.2 22.4 2.2 93.1 134.5 Estimated future costs to be incurred 0.6 1.4 3.9 2.1 23.4 31.4

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Jan. 03, 2021
Revenue from Contract with Customer [Abstract]
Disaggregation Of Revenue	The following table disaggregates our revenue for the three month periods ended January 3, 2021 and December 29, 2019, by the Company’s key revenue streams, segments and geographic region (based upon destination): Three Month Period Ended January 3, 2021 (in millions) HHI HPC GPC H&G Total Product Sales NA $ 397.6 $ 142.6 $ 178.1 $ 80.3 $ 798.6 EMEA — 167.5 81.3 — 248.8 LATAM 10.4 42.4 4.0 1.7 58.5 APAC 0.4 22.3 9.1 — 31.8 Licensing 0.3 3.7 1.8 0.3 6.1 Other — — 1.2 — 1.2 Total Revenue $ 408.7 $ 378.5 $ 275.5 $ 82.3 $ 1,145.0 Three Month Period Ended December 29, 2019 (in millions) HHI HPC GPC H&G Total Product Sales NA $ 281.6 $ 116.5 $ 138.5 $ 44.3 $ 580.9 EMEA 0.1 149.1 53.9 — 203.1 LATAM 10.5 36.0 3.3 1.3 51.1 APAC 5.2 17.5 7.0 — 29.7 Licensing 0.3 3.0 1.9 0.3 5.5 Other — — 1.2 — 1.2 Total Revenue $ 297.7 $ 322.1 $ 205.8 $ 45.9 $ 871.5

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Jan. 03, 2021
Inventory Disclosure [Abstract]
Schedule Of Inventories	Inventories consist of the following: (in millions) January 3, 2021 September 30, 2020 Raw materials $ 83.8 $ 67.8 Work-in-process 76.5 60.8 Finished goods 536.6 429.1 $ 696.9 $ 557.7

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	3 Months Ended
	Jan. 03, 2021
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment consist of the following: (in millions) January 3, 2021 September 30, 2020 Land, buildings and improvements $ 132.3 $ 134.8 Machinery, equipment and other 541.8 520.0 Finance leases 202.2 200.8 Construction in progress 30.5 29.8 Property, plant and equipment 906.8 885.4 Accumulated depreciation (511.0) (488.9) Property, plant and equipment, net $ 395.8 $ 396.5

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Jan. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the Carrying Amount of Goodwill by Reporting Segment	Goodwill consists of the following: (in millions) HHI GPC H&G Total As of September 30, 2020 $ 704.8 $ 431.6 $ 195.6 $ 1,332.0 Foreign currency impact 5.3 4.9 — 10.2 Armitage acquisition (Note 3) — 90.7 — 90.7 As of January 3, 2021 $ 710.1 $ 527.2 $ 195.6 $ 1,432.9
Schedule of Carrying Value and Accumulated Amortization for Intangible Assets	The carrying value of indefinite-lived intangibles and definite-lived intangibles assets subject to amortization and accumulated amortization are as follows: January 3, 2021 September 30, 2020 (in millions) Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Amortizable Intangible Assets: Customer relationships $ 712.7 $ (381.1) $ 331.6 $ 692.1 $ (367.9) $ 324.2 Technology assets 175.8 (107.8) 68.0 175.7 (104.1) 71.6 Tradenames 161.0 (136.2) 24.8 161.0 (132.6) 28.4 Total Amortizable Intangible Assets 1,049.5 (625.1) 424.4 1,028.8 (604.6) 424.2 Indefinite-lived Intangible Assets - Tradenames 1,092.3 — 1,092.3 1,007.5 — 1,007.5 Total Intangible Assets $ 2,141.8 $ (625.1) $ 1,516.7 $ 2,036.3 $ (604.6) $ 1,431.7
Schedule of Future Amortization Expense	Excluding the impact of any future acquisitions or changes in foreign currency, the Company estimates annual amortization expense of intangible assets for the next five fiscal years will be as follows: (in millions) Amortization 2021 $ 74.9 2022 51.8 2023 46.0 2024 45.6 2025 43.3

Debt (Tables)

Debt (Tables)	3 Months Ended
	Jan. 03, 2021
Debt Disclosure [Abstract]
Schedule Of Debt	Debt consists of the following: January 3, 2021 September 30, 2020 (in millions) Amount Rate Amount Rate Spectrum Brands Inc. Revolver Facility, variable rate, expiring June 30, 2025 $ — — % $ — — % 6.125% Notes, due December 15, 2024 250.0 6.1 % 250.0 6.1 % 5.75% Notes, due July 15, 2025 1,000.0 5.8 % 1,000.0 5.8 % 4.00% Notes, due October 1, 2026 520.6 4.0 % 499.1 4.0 % 5.00% Notes, due October 1, 2029 300.0 5.0 % 300.0 5.0 % 5.50% Notes, due July 15, 2030 300.0 5.5 % 300.0 5.5 % Other notes and obligations 3.3 7.4 % 3.2 7.6 % Obligations under capital leases 158.4 5.7 % 160.5 5.6 % Total Spectrum Brands, Inc. debt 2,532.3 2,512.8 Debt issuance costs (35.1) (36.5) Less current portion (15.3) (15.3) Long-term debt, net of current portion $ 2,481.9 $ 2,461.0

Leases (Tables)

Leases (Tables)	3 Months Ended
	Jan. 03, 2021
Leases [Abstract]
Summary of Leases Related to Consolidated Statement of Financial Position	The following is a summary of the Company’s leases recognized on the Company’s Condensed Consolidated Statement of Financial Position as of January 3, 2021 and September 30, 2020: (in millions) Line Item January 3, 2021 September 30, 2020 Assets Operating Operating lease assets $ 108.6 $ 103.8 Finance Property, plant and equipment, net 133.2 136.3 Total leased assets $ 241.8 $ 240.1 Liabilities Current Operating Other current liabilities $ 25.6 $ 22.4 Finance Current portion of long-term debt 12.0 12.1 Long-term Operating Long-term operating lease liabilities 90.8 88.8 Finance Long-term debt, net of current portion 146.4 148.4 Total lease liabilities $ 274.8 $ 271.7
Schedule of Lease Costs	The components of lease costs recognized in the Condensed Consolidated Statement of Income for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Operating lease cost $ 6.2 $ 6.6 Finance lease cost Amortization of leased assets 3.8 3.6 Interest on lease liability 2.3 2.3 Variable lease cost 2.8 2.5 Total lease cost $ 15.1 $ 15.0
Summary of Cash Paid For Lease Liabilities	The following is a summary of the Company’s cash paid for amounts included in the measurement of lease liabilities recognized in the Condensed Consolidated Statement of Cash Flow, including supplemental non-cash activity related to operating leases, for the three month periods ending January 3, 2021 and December 29, 2019: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Operating cash flow from operating leases $ 5.5 $ 6.4 Operating cash flows from finance leases 2.4 2.3 Financing cash flows from finance leases 3.0 3.3 Supplemental non-cash flow disclosure Acquisition of operating lease asset through lease obligations 8.6 2.4
Summary of Weighted-Average Lease Term and Discount Rate	The following is a summary of weighted-average lease term and discount rate at January 3, 2021 and September 30, 2020: January 3, 2021 September 30, 2020 Weighted average remaining lease term Operating leases 6.2 years 6.6 years Finance leases 15.7 years 15.6 years Weighted average discount rate Operating leases 4.6 % 4.7 % Finance leases 5.6 % 5.6 %
Schedule of Future Lease Payments Under Operating and Finance Leases	At January 3, 2021, future lease payments under operating and finance leases were as follows: (in millions) Finance Leases Operating Leases 2021 remaining balance $ 15.2 $ 20.2 2022 18.1 26.4 2023 17.1 23.4 2024 16.8 14.9 2025 19.8 12.2 Thereafter 162.6 38.6 Total lease payments 249.6 135.7 Amount representing interest (91.2) (19.3) Total minimum lease payments $ 158.4 $ 116.4

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Jan. 03, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Commodity Swap Contracts Outstanding	The Company had the following commodity swap contracts outstanding as of January 3, 2021 and September 30, 2020: January 3, 2021 September 30, 2020 (in millions, except Notional) Notional Contract Value Notional Contract Value Brass swap contracts 909.5 Metric Tons $ 4.6 949.0 Metric Tons $ 4.4 Zinc swap contracts 2,756.0 Metric Tons $ 7.0 1,552.0 Metric Tons $ 3.4
Summary of Impact of Designated Hedges and Gain (Loss)	The following table summarizes the impact of designated cash flow hedges and the pre-tax gain (loss) recognized in the Condensed Consolidated Statement of Income for the three month periods ended January 3, 2021 and December 29, 2019, respectively: For the three month period ended January 3, 2021 (in millions) Gain (Loss) Reclassified to Continuing Operations Line Item Gain (Loss) Commodity swaps $ 0.9 Cost of goods sold $ 0.2 Foreign exchange contracts (13.3) Cost of goods sold (2.9) Total $ (12.4) $ (2.7) For the three month period ended December 29, 2019 (in millions) Gain (Loss) Reclassified to Continuing Operations Line Item Gain (Loss) Commodity swaps $ 0.2 Cost of goods sold $ (0.1) Foreign exchange contracts 0.1 Net sales — Foreign exchange contracts (6.5) Cost of goods sold 2.7 Total $ (6.2) $ 2.6 Three Month Periods Ended Gain (loss) in OCI (in millions) January 3, 2021 December 29, 2019 Net investment hedge $ (21.5) $ (4.9)
Summary of Impact of Derivative Instruments	The following summarizes the impact of derivative instruments on the accompanying Condensed Consolidated Statements of Income for the three month periods ended January 3, 2021 and December 29, 2019, pre-tax: Three Month Periods Ended (in millions) Line Item January 3, 2021 December 29, 2019 Foreign exchange contracts Other non-operating expense (income) $ (3.3) $ 7.2
Schedule of Fair Value of Outstanding Derivative Instruments	The fair value of the Company’s outstanding derivative contracts recorded in the Condensed Consolidated Statements of Financial Position is as follows: (in millions) Line Item January 3, 2021 September 30, 2020 Derivative Assets Commodity swaps - designated as hedge Other receivables $ 1.5 $ 0.7 Commodity swaps - designated as hedge Deferred charges and other 0.1 0.1 Foreign exchange contracts - not designated as hedge Other receivables 0.6 0.4 Total Derivative Assets $ 2.2 $ 1.2 Derivative Liabilities Commodity swaps - designated as hedge Accounts payable $ 0.1 $ — Foreign exchange contracts - designated as hedge Accounts payable 13.6 3.8 Foreign exchange contracts - designated as hedge Other long term liabilities 1.2 0.3 Foreign exchange contracts - not designated as hedge Accounts payable 0.8 10.1 Total Derivative Liabilities $ 15.7 $ 14.2

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Jan. 03, 2021
Fair Value Disclosures [Abstract]
Schedule of Carrying Values and Fair Values for Financial Instruments	The carrying value and estimated fair value of financial and derivative instruments as of January 3, 2021 and September 30, 2020 according to the fair value hierarchy are as follows. January 3, 2021 September 30, 2020 (in millions) Level 1 Level 2 Level 3 Fair Value Carrying Level 1 Level 2 Level 3 Fair Value Carrying Investments $ 12.5 $ — $ — $ 12.5 $ — $ 66.9 $ — $ — $ 66.9 $ — Derivative Assets — 2.2 — 2.2 — — 1.2 — 1.2 — Derivative Liabilities — 15.7 — 15.7 — — 14.2 — 14.2 — Debt - SBH — 2,641.3 — 2,641.3 2,497.2 — 2,595.4 — 2,595.4 2,476.3 Debt - SB/RH — 2,641.3 — 2,641.3 2,497.2 — 2,595.4 — 2,595.4 2,476.3
Summary of Income Recognized from Equity Investments	The following is a summary of income recognized from equity investments recognized as a component of Other Non-Operating Income in the Company's Condensed Consolidated Statements of Income: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 Unrealized gain on equity investments held $ 0.8 $ 38.5 Realized gain on equity investments sold 5.2 — Gain on equity investments 6.0 38.5 Dividend income from equity investments 0.2 1.6 Gain from equity investments $ 6.2 $ 40.1

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	3 Months Ended
	Jan. 03, 2021
Retirement Benefits [Abstract]
Components of Net Periodic Benefit Cost	The net periodic benefit cost for defined benefit plans for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: U.S. Plans Non U.S. Plans (in millions) January 3, 2021 December 29, 2019 January 3, 2021 December 29, 2019 Three Month Periods Ended Service cost $ 0.1 $ 0.2 $ 0.5 $ 0.6 Interest cost 0.5 0.6 0.6 0.6 Expected return on assets (0.9) (1.1) (1.0) (0.9) Settlements and curtailments — 0.9 — — Recognized net actuarial loss 0.3 0.3 0.8 0.7 Net periodic benefit cost $ — $ 0.9 $ 0.9 $ 1.0 Weighted average assumptions Discount rate 2.46% 3.07% 0.50 - 6.90% 0.75 - 7.70% Expected return on plan assets 6.00% 6.50% 0.50 - 3.40% 0.75 - 3.40% Rate of compensation increase N/A N/A 2.25 - 6.00% 2.25 - 6.00%

Shareholder's Equity (Tables)

Shareholder's Equity (Tables)	3 Months Ended
	Jan. 03, 2021
Equity [Abstract]
Summary of Activity of Common Stock Repurchase Program	The following summarizes the activity of common stock repurchases under the program for the three month periods ended January 3, 2021 and December 29, 2019: January 3, 2021 December 29, 2019 Three Month Periods Ended (in millions except per share data) Number of Shares Repurchased Average Price Per Share Amount Number of Shares Repurchased Average Price Per Share Amount Open Market Purchases — $ — $ — 1.3 $ 62.06 $ 81.4 Private Purchases 0.6 65.27 42.3 0.2 62.30 9.2 ASR — — — 1.7 61.79 106.3 Total Purchases 0.6 $ 65.27 $ 42.3 3.2 $ 61.92 $ 196.9

Share Based Compensation (Table

Share Based Compensation (Tables)	3 Months Ended
	Jan. 03, 2021
Share-based Payment Arrangement [Abstract]
Summary of Share Based Compensation Expense	The following is a summary of share based compensation expense for the three month periods ended January 3, 2021 and December 29, 2019 for SBH and SB/RH, respectively. Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 SBH $ 7.5 $ 12.9 SB/RH $ 7.5 $ 12.8
Summary of Activity of the RSUs Granted	The following summary of the activity in Spectrum RSUs during the three month period ended January 3, 2021: SBH SB/RH (in millions, except per share data) Units Weighted Fair Units Weighted Fair Time-based grants Vesting in less than 24 months 0.1 $ 74.32 $ 7.6 0.1 $ 74.32 $ 6.1 Vesting in more than 24 months 0.1 74.32 7.6 0.1 74.32 7.6 Total time-based grants 0.2 $ 74.32 $ 15.2 0.2 $ 74.32 $ 13.7 Performance-based grants Vesting in more than 24 months 0.3 $ 74.32 $ 22.2 0.3 $ 74.32 $ 22.2 Total performance-based grants 0.3 $ 74.32 $ 22.2 0.3 $ 74.32 $ 22.2 Total grants 0.5 $ 74.32 $ 37.4 0.5 $ 74.32 $ 35.9
Summary of RSU Activity	SBH SB/RH (in millions, except per share data) Shares Weighted Fair Shares Weighted Fair At September 30, 2020 1.4 $ 56.41 $ 79.3 1.4 $ 56.33 $ 77.7 Granted 0.5 74.32 37.4 0.5 74.32 35.9 Forfeited (0.1) 59.06 (0.5) (0.1) 59.06 (0.5) Vested (0.3) 53.09 (17.0) (0.3) 52.38 (15.7) At January 3, 2021 1.5 $ 62.77 $ 99.2 1.5 $ 62.67 $ 97.4

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Jan. 03, 2021
Income Tax Disclosure [Abstract]
Schedule of Effective Tax Rate	The effective tax rate for the three month periods ended January 3, 2021 and December 29, 2019 was as follows: Three Month Periods Ended Effective tax rate January 3, 2021 December 29, 2019 SBH 21.3 % (1.9) % SB/RH 21.3 % (2.5) %

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Jan. 03, 2021
Segment Reporting [Abstract]
Net Sales Relating to Segments	Net sales relating to the segments for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: Three Month Periods Ended (in millions) January 3, 2021 December 29, 2019 HHI $ 408.7 $ 297.7 HPC 378.5 322.1 GPC 275.5 205.8 H&G 82.3 45.9 Net sales $ 1,145.0 $ 871.5
Schedule of Segment Information	Segment Adjusted EBITDA for the reportable segments for SBH for the three month periods ended January 3, 2021 and December 29, 2019, are as follows: Three Month Periods Ended SBH (in millions) January 3, 2021 December 29, 2019 HHI $ 98.2 $ 42.8 HPC 50.9 36.4 GPC 53.6 31.5 H&G 10.4 (3.3) Total Segment Adjusted EBITDA 213.1 107.4 Corporate 9.0 5.2 Interest expense 36.7 34.8 Depreciation and amortization 35.7 41.7 Share and incentive based compensation 8.1 14.5 Restructuring and related charges 9.2 27.4 Transaction related charges 20.6 4.1 Gain on Energizer investment (6.0) (38.5) Loss on assets held for sale — 32.8 Write-off from impairment of intangible assets — 24.2 Inventory acquisition step-up 0.8 — Other 6.0 (1.8) Income (loss) from operations before income taxes $ 93.0 $ (37.0) Segment Adjusted EBITDA for reportable segments for SB/RH for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: Three Month Periods Ended SB/RH (in millions) January 3, 2021 December 29, 2019 HHI $ 98.2 $ 42.8 HPC 50.9 36.4 GPC 53.6 31.5 H&G 10.4 (3.3) Total Segment Adjusted EBITDA 213.1 107.4 Corporate 8.5 4.9 Interest expense 36.8 34.6 Depreciation and amortization 35.7 41.7 Share and incentive based compensation 8.1 14.4 Restructuring and related charges 9.2 27.4 Transaction related charges 20.6 4.1 Gain on Energizer investment (6.0) (38.5) Loss on assets held for sale — 32.8 Write-off from impairment of intangible assets — 24.2 Inventory acquisition step-up 0.8 — Other 5.9 (2.3) Income (loss) from operations before income taxes $ 93.5 $ (35.9)

Earnings Per Share - SBH (Table

Earnings Per Share - SBH (Tables)	3 Months Ended
	Jan. 03, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The reconciliation of the numerator and denominator of the basic and diluted earnings per share calculation and the anti-dilutive shares for the three month periods ended January 3, 2021 and December 29, 2019 are as follows: Three Month Periods Ended (in millions, except per share amounts) January 3, 2021 December 29, 2019 Numerator Net income (loss) from continuing operations attributable to controlling interest $ 72.4 $ (38.6) (Loss) income from discontinued operations attributable to controlling interest (0.3) 2.8 Net income (loss) attributable to controlling interest $ 72.1 $ (35.8) Denominator Weighted average shares outstanding - basic 42.9 47.7 Dilutive shares 0.1 — Weighted average shares outstanding - diluted 43.0 47.7 Earnings per share Basic earnings per share from continuing operations $ 1.69 $ (0.81) Basic earnings per share from discontinued operations (0.01) 0.06 Basic earnings per share $ 1.68 $ (0.75) Diluted earnings per share from continuing operations $ 1.68 $ (0.81) Diluted earnings per share from discontinued operations — 0.06 Diluted earnings per share $ 1.68 $ (0.75) Weighted average number of anti-dilutive shares excluded from denominator — 0.1

Basis of Presentation and Sig_4

Basis of Presentation and Significant Accounting Policies - Summary Of Transactions Related Charges (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Business Acquisition [Line Items]
Total transaction-related charges	$ 20.6	$ 4.1
Armitage acquisition
Business Acquisition [Line Items]
Total transaction-related charges	4.8	0
Other
Business Acquisition [Line Items]
Total transaction-related charges	11.2	1.6
Coevorden operations divestiture
Business Acquisition [Line Items]
Total transaction-related charges	2.8	0.2
GBL divestiture
Business Acquisition [Line Items]
Total transaction-related charges	$ 1.8	$ 2.3

Divestitures - Summary of Compo

Divestitures - Summary of Components of Income From Discontinued Operations, Net of Tax (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
(Loss) income from discontinued operations, net of tax	$ (0.3)	$ 2.8
(Loss) income from discontinued operations attributable to controlling interest, net of tax	(0.3)	2.8
Discontinued Operations, Held-for-sale or Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
(Loss) income from discontinued operations before income taxes	(0.3)	2.4
Income tax benefit from discontinued operations	0	(0.4)
(Loss) income from discontinued operations, net of tax	(0.3)	2.8
(Loss) income from discontinued operations attributable to controlling interest, net of tax	$ (0.3)	$ 2.8

Divestitures - Narrative (Detai

Divestitures - Narrative (Details) - USD ($) $ in Millions	Mar. 29, 2020	Jan. 03, 2021	Dec. 29, 2019	Sep. 30, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on assets held for sale		$ 0	$ 32.8
Coevorden Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash proceeds				$ 29
Goodwill				10.6
Loss on assets held for sale			$ 32.8
Coevorden Operations | Maximum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Period of lease and operate distribution center	18 months
GBL
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Indemnifications, acquisition agreement		37.2		51.6
GBL | Indemnification payable | Energizer
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net settlement payable		17.5		33
GBL | Other Long-Term Liabilities
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net settlement payable		$ 19.7		$ 18.6

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) $ in Millions	Oct. 26, 2020USD ($)	Jan. 03, 2021USD ($)	Sep. 30, 2020USD ($)
Business Acquisition [Line Items]
Goodwill		$ 1,432.9	$ 1,332
Armitage
Business Acquisition [Line Items]
Payment to acquire business	$ 187.7
Goodwill	$ 90.7
Armitage | Measurement Input, Royalty Rate | Valuation, Income Approach | Good Boy Trade Name
Business Acquisition [Line Items]
Intangible asset, measurement input	0.08
Armitage | Measurement Input, Royalty Rate | Valuation, Income Approach | Wildbird Trade Name
Business Acquisition [Line Items]
Intangible asset, measurement input	0.03
Armitage | Measurement Input, Discount Rate | Valuation Technique, Discounted Cash Flow
Business Acquisition [Line Items]
Intangible asset, measurement input	0.11

Acquisitions - Purchase Price A

Acquisitions - Purchase Price Allocation (Details) - Armitage $ in Millions	Oct. 26, 2020USD ($)
Business Acquisition [Line Items]
Cash paid	$ 187.7
Debt assumed	51
Cash consideration	$ 136.7

Acquisitions - Assets Acquired

Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Jan. 03, 2021	Oct. 26, 2020	Sep. 30, 2020
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Goodwill	$ 1,432.9		$ 1,332
Armitage
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Cash and cash equivalents		$ 6.9
Trade receivables, net		16.7
Other receivables		1.9
Inventories		16.3
Prepaid expenses and other current assets		0.2
Property, plant and equipment, net		3
Operating lease assets		0.1
Deferred charges and other		1
Goodwill		90.7
Intangible assets, net		88.6
Accounts payable		(9.2)
Accrued wages and salaries		(1.5)
Other current liabilities		(7.1)
Long-term debt, net of current portion		(51)
Long-term operating lease liabilities		(0.1)
Deferred income taxes		(18)
Other long-term liabilities		(1.8)
Net assets acquired		$ 136.7

Acquisitions - Intangible Asset

Acquisitions - Intangible Assets (Details) - Armitage $ in Millions	Oct. 26, 2020USD ($)
Business Acquisition [Line Items]
Tradenames	$ 74.3
Customer relationships	14.3
Total intangibles acquired	$ 88.6
Weighted Average Useful Life (Years)	12 years

Restructuring and Related Cha_3

Restructuring and Related Charges - Narrative (Details) - Global Productivity Improvement Plan - USD ($) $ in Millions	Sep. 30, 2022	Jan. 03, 2021
Restructuring Cost and Reserve [Line Items]
Cumulative costs incurred		$ 134.5
Forecast
Restructuring Cost and Reserve [Line Items]
Cumulative costs incurred	$ 31.4

Restructuring and Related Cha_4

Restructuring and Related Charges - Summary of Restructuring and Related Charges (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	$ 9.2	$ 27.4
Global productivity improvement program
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	9.2	26.6
Other restructuring activities
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	0	0.8
Cost of goods sold
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	0.2	9.9
Operating expense
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	$ 9	$ 17.5

Restructuring and Related Cha_5

Restructuring and Related Charges - Summary of Costs Incurred and Cumulative Costs By Cost Type (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	$ 9.2	$ 27.4
Cumulative costs	134.5
Estimated future costs to be incurred	31.4
Termination Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	2.9	5.3
Cumulative costs	23.4
Estimated future costs to be incurred	2.3
Other Costs
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	6.3	$ 22.1
Cumulative costs	111.1
Estimated future costs to be incurred	$ 29.1

Restructuring and Related Cha_6

Restructuring and Related Charges - Rollforward of Restructuring Accrual (Details) $ in Millions	3 Months Ended
	Jan. 03, 2021USD ($)
Restructuring Reserve [Roll Forward]
Accrual balance at beginning	$ 10.5
Provisions	4.8
Cash expenditures	(9)
Non-cash items	0.3
Accrual balance at ending	6.6
Termination Benefits
Restructuring Reserve [Roll Forward]
Accrual balance at beginning	4.1
Provisions	0.8
Cash expenditures	(1.3)
Non-cash items	0.1
Accrual balance at ending	3.7
Other Costs
Restructuring Reserve [Roll Forward]
Accrual balance at beginning	6.4
Provisions	4
Cash expenditures	(7.7)
Non-cash items	0.2
Accrual balance at ending	$ 2.9

Restructuring and Related Cha_7

Restructuring and Related Charges - Summary of Costs Incurred By Reporting Segment (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	$ 9.2	$ 27.4
Cumulative costs	134.5
Estimated future costs to be incurred	31.4
Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	4.9	15.4
Cumulative costs	93.1
Estimated future costs to be incurred	23.4
HHI
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	0.2	0.5
Cumulative costs	1.6
Estimated future costs to be incurred	0.6
HPC
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	2.6	1.1
Cumulative costs	15.2
Estimated future costs to be incurred	1.4
GPC
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	1.5	10.3
Cumulative costs	22.4
Estimated future costs to be incurred	3.9
H&G
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	0	$ 0.1
Cumulative costs	2.2
Estimated future costs to be incurred	$ 2.1

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation Of Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Disaggregation of Revenue [Line Items]
Revenue	$ 1,145	$ 871.5
Licensing
Disaggregation of Revenue [Line Items]
Revenue	6.1	5.5
Other
Disaggregation of Revenue [Line Items]
Revenue	1.2	1.2
NA | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	798.6	580.9
EMEA | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	248.8	203.1
LATAM | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	58.5	51.1
APAC | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	31.8	29.7
HHI
Disaggregation of Revenue [Line Items]
Revenue	408.7	297.7
HHI | Licensing
Disaggregation of Revenue [Line Items]
Revenue	0.3	0.3
HHI | Other
Disaggregation of Revenue [Line Items]
Revenue	0	0
HHI | NA | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	397.6	281.6
HHI | EMEA | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	0	0.1
HHI | LATAM | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	10.4	10.5
HHI | APAC | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	0.4	5.2
HPC
Disaggregation of Revenue [Line Items]
Revenue	378.5	322.1
HPC | Licensing
Disaggregation of Revenue [Line Items]
Revenue	3.7	3
HPC | Other
Disaggregation of Revenue [Line Items]
Revenue	0	0
HPC | NA | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	142.6	116.5
HPC | EMEA | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	167.5	149.1
HPC | LATAM | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	42.4	36
HPC | APAC | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	22.3	17.5
GPC
Disaggregation of Revenue [Line Items]
Revenue	275.5	205.8
GPC | Licensing
Disaggregation of Revenue [Line Items]
Revenue	1.8	1.9
GPC | Other
Disaggregation of Revenue [Line Items]
Revenue	1.2	1.2
GPC | NA | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	178.1	138.5
GPC | EMEA | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	81.3	53.9
GPC | LATAM | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	4	3.3
GPC | APAC | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	9.1	7
H&G
Disaggregation of Revenue [Line Items]
Revenue	82.3	45.9
H&G | Licensing
Disaggregation of Revenue [Line Items]
Revenue	0.3	0.3
H&G | Other
Disaggregation of Revenue [Line Items]
Revenue	0	0
H&G | NA | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	80.3	44.3
H&G | EMEA | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	0	0
H&G | LATAM | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	1.7	1.3
H&G | APAC | Product Sales
Disaggregation of Revenue [Line Items]
Revenue	$ 0	$ 0

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019	Sep. 30, 2020
Concentration Risk [Line Items]
Allowance for product returns	$ 24.1		$ 23.1
Customer Concentration Risk | Two Customers | Net Sales
Concentration Risk [Line Items]
Concentration risk percentage	23.60%
Customer Concentration Risk | One Customer | Net Sales
Concentration Risk [Line Items]
Concentration risk percentage		13.80%

Receivables and Concentration_2

Receivables and Concentration of Credit Risk (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jan. 03, 2021	Sep. 30, 2020
Receivables [Line Items]
Allowance for uncollectible receivables	$ 6.8	$ 6.4
Two Customers | Trade Receivables | Customer Concentration Risk
Receivables [Line Items]
Concentration risk (as a percent)	32.00%	28.00%

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Jan. 03, 2021	Sep. 30, 2020
Inventory Disclosure [Abstract]
Raw materials	$ 83.8	$ 67.8
Work-in-process	76.5	60.8
Finished goods	536.6	429.1
Inventories	$ 696.9	$ 557.7

Property, Plant and Equipment -

Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Millions	Jan. 03, 2021	Sep. 30, 2020
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 906.8	$ 885.4
Finance leases	202.2	200.8
Accumulated depreciation	(511)	(488.9)
Property, plant and equipment, net	395.8	396.5
Land, buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment	132.3	134.8
Machinery, equipment and other
Property, Plant and Equipment [Line Items]
Property, plant and equipment	541.8	520
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 30.5	$ 29.8

Property, Plant and Equipment_2

Property, Plant and Equipment - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 18.5	$ 24.6

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Changes in the Carrying Amount of Goodwill by Reporting Segment) (Details) $ in Millions	3 Months Ended
	Jan. 03, 2021USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 1,332
Foreign currency impact	10.2
Armitage acquisition (Note 3)	90.7
Goodwill, ending balance	1,432.9
HHI
Goodwill [Roll Forward]
Goodwill, beginning balance	704.8
Foreign currency impact	5.3
Armitage acquisition (Note 3)	0
Goodwill, ending balance	710.1
GPC
Goodwill [Roll Forward]
Goodwill, beginning balance	431.6
Foreign currency impact	4.9
Armitage acquisition (Note 3)	90.7
Goodwill, ending balance	527.2
H&G
Goodwill [Roll Forward]
Goodwill, beginning balance	195.6
Foreign currency impact	0
Armitage acquisition (Note 3)	0
Goodwill, ending balance	$ 195.6

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Carrying Value and Accumulated Amortization for Intangible Assets (Details) - USD ($) $ in Millions	Jan. 03, 2021	Sep. 30, 2020
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,049.5	$ 1,028.8
Accumulated Amortization	(625.1)	(604.6)
Net	424.4	424.2
Total Intangible Assets, Gross Carrying Amount	2,141.8	2,036.3
Total Intangible Assets, Net	1,516.7	1,431.7
Tradenames
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,092.3	1,007.5
Net	1,092.3	1,007.5
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	712.7	692.1
Accumulated Amortization	(381.1)	(367.9)
Net	331.6	324.2
Technology assets
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	175.8	175.7
Accumulated Amortization	(107.8)	(104.1)
Net	68	71.6
Tradenames
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	161	161
Accumulated Amortization	(136.2)	(132.6)
Net	$ 24.8	$ 28.4

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 17.2	$ 17.1

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Future Amortization Expense (Details) $ in Millions	Jan. 03, 2021USD ($)
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
2021	$ 74.9
2022	51.8
2023	46
2024	45.6
2025	$ 43.3

Debt - Schedule Of Debt (Detail

Debt - Schedule Of Debt (Details) - USD ($) $ in Millions	Jan. 03, 2021	Sep. 30, 2020
Debt Instrument [Line Items]
Obligations under capital leases	$ 158.4	$ 160.5
Total debt	2,532.3	2,512.8
Debt issuance costs	(35.1)	(36.5)
Less current portion	(15.3)	(15.3)
Long-term debt, net of current portion	$ 2,481.9	$ 2,461
Stated Rate	5.70%	5.60%
Revolving Credit Facility
Debt Instrument [Line Items]
Revolver Facility	$ 0
Effective Rate	0.00%
SB/RH
Debt Instrument [Line Items]
Less current portion	$ (15.3)	$ (15.3)
Long-term debt, net of current portion	2,481.9	2,461
6.125% Notes, due December 15, 2024
Debt Instrument [Line Items]
Senior notes	$ 250	$ 250
Stated Rate	6.125%	6.10%
5.75% Notes, due July 15, 2025
Debt Instrument [Line Items]
Senior notes	$ 1,000	$ 1,000
Stated Rate	5.75%	5.80%
4.00% Notes, due October 1, 2026
Debt Instrument [Line Items]
Senior notes	$ 520.6	$ 499.1
Stated Rate	4.00%	4.00%
5.00% Notes, due October 1, 2029
Debt Instrument [Line Items]
Senior notes	$ 300	$ 300
Stated Rate	5.00%	5.00%
5.50% Notes, due July 15, 2030
Debt Instrument [Line Items]
Senior notes	$ 300	$ 300
Stated Rate	5.50%	5.50%
Other notes and obligations
Debt Instrument [Line Items]
Other notes and obligations	$ 3.3	$ 3.2
Stated Rate	7.40%	7.60%

Debt - Narrative (Details)

Debt - Narrative (Details) - Revolving Credit Facility $ in Millions	3 Months Ended
	Jan. 03, 2021USD ($)
Debt Instrument [Line Items]
Aggregate borrowing availability	$ 584.5
Outstanding letters of credit	$ 15.5
LIBOR
Debt Instrument [Line Items]
Percentage over base variable rate	0.75%
Minimum | LIBOR
Debt Instrument [Line Items]
Percentage over base variable rate	1.75%
Minimum | Base Rate
Debt Instrument [Line Items]
Percentage over base variable rate	0.75%
Maximum | LIBOR
Debt Instrument [Line Items]
Percentage over base variable rate	2.75%
Maximum | Base Rate
Debt Instrument [Line Items]
Percentage over base variable rate	1.75%

Leases - Summary of Leases Rela

Leases - Summary of Leases Related to Consolidated Statement of Financial Position (Details) - USD ($) $ in Millions	Jan. 03, 2021	Sep. 30, 2020
Assets
Operating	$ 108.6	$ 103.8
Finance	133.2	136.3
Total leased assets	241.8	240.1
Current
Operating	25.6	22.4
Finance	12	12.1
Long-term
Operating	90.8	88.8
Finance	146.4	148.4
Total lease liabilities	$ 274.8	$ 271.7
Finance Lease, Right-of-Use Asset, Statement of Financial Position	us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
Operating Lease, Liability, Current, Statement of Financial Position	us-gaap:OtherLiabilitiesCurrent
Finance Lease, Liability, Current, Statement of Financial Position	us-gaap:DebtCurrent
Finance Lease, Liability, Noncurrent, Statement of Financial Position	us-gaap:LongTermDebtNoncurrent

Leases - Schedule of Lease Cost

Leases - Schedule of Lease Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Leases [Abstract]
Operating lease cost	$ 6.2	$ 6.6
Finance lease cost
Amortization of leased assets	3.8	3.6
Interest on lease liability	2.3	2.3
Variable lease cost	2.8	2.5
Total lease cost	$ 15.1	$ 15

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Leases [Abstract]
Lease and sub-lease income	$ 0.6	$ 0.5
Sub-lease income	$ 0.3	$ 0.3

Leases - Summary of Cash Paid f

Leases - Summary of Cash Paid for Lease Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Leases [Abstract]
Operating cash flow from operating leases	$ 5.5	$ 6.4
Operating cash flows from finance leases	2.4	2.3
Financing cash flows from finance leases	3	3.3
Acquisition of operating lease asset through lease obligations	$ 8.6	$ 2.4

Leases - Summary of Weighted-Av

Leases - Summary of Weighted-Average Lease Term and Discount Rate (Details)	Jan. 03, 2021	Sep. 30, 2020
Weighted average remaining lease term
Operating leases	6 years 2 months 12 days	6 years 7 months 6 days
Finance leases	15 years 8 months 12 days	15 years 7 months 6 days
Weighted average discount rate
Operating leases	4.60%	4.70%
Finance leases	5.60%	5.60%

Leases - Schedule Of Future Lea

Leases - Schedule Of Future Lease Payments Under Operating And Finance Leases (Details) - USD ($) $ in Millions	Jan. 03, 2021	Sep. 30, 2020
Finance Leases
2021 remaining balance	$ 15.2
2022	18.1
2023	17.1
2024	16.8
2025	19.8
Thereafter	162.6
Total lease payments	249.6
Amount representing interest	(91.2)
Total minimum lease payments	158.4	$ 160.5
Operating Leases
2021 remaining balance	20.2
2022	26.4
2023	23.4
2024	14.9
2025	12.2
Thereafter	38.6
Total lease payments	135.7
Amount representing interest	(19.3)
Total minimum lease payments	$ 116.4

Derivatives - Narrative (Detail

Derivatives - Narrative (Details) € in Millions	3 Months Ended
	Dec. 29, 2019USD ($)	Jan. 03, 2021USD ($)	Jan. 03, 2021EUR (€)	Sep. 30, 2020USD ($)
Derivative [Line Items]
Stated interest rate		5.70%	5.70%	5.60%
4.00% Notes, due October 1, 2026
Derivative [Line Items]
Aggregate principal amount		$ 520,600,000		$ 499,100,000
Stated interest rate		4.00%	4.00%	4.00%
Cash Flow Hedge | Commodity Swaps
Derivative [Line Items]
Derivative net gain (loss) estimated to be reclassified from AOCI into earnings over the next 12 months		$ 1,100,000
Cash Flow Hedge | Foreign Exchange Contracts
Derivative [Line Items]
Derivative net gain (loss) estimated to be reclassified from AOCI into earnings over the next 12 months		(10,100,000)
Notional value		298,200,000		$ 273,400,000
Fair Value Hedge
Derivative [Line Items]
Posted cash collateral		0		0
Posted standby letters of credit		0		0
Net Investment Hedge
Derivative [Line Items]
Pre-tax loss related to translation of undesignated debt obligation recognized in earnings	$ 1,700,000
Not Designated as Hedging | Foreign Exchange Contracts
Derivative [Line Items]
Notional value		$ 941,700,000		$ 802,500,000
SBI | Net Investment Hedge | 4.00% Notes, due October 1, 2026
Derivative [Line Items]
Aggregate principal amount | €			€ 425
Stated interest rate		4.00%	4.00%

Derivatives - Schedule of Commo

Derivatives - Schedule of Commodity Swap Contracts Outstanding (Details) - Cash Flow Hedge $ in Millions	3 Months Ended	12 Months Ended
	Jan. 03, 2021USD ($)t	Sep. 30, 2020USD ($)t
Brass swap contracts
Derivative [Line Items]
Notional | t	909.5	949
Contract Value | $	$ 4.6	$ 4.4
Zinc swap contracts
Derivative [Line Items]
Notional | t	2,756	1,552
Contract Value | $	$ 7	$ 3.4

Derivatives - Summary of Impact

Derivatives - Summary of Impact of Designated Hedges and Gain (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) in OCI	$ (12.4)	$ (6.2)
Gain (Loss) Reclassified to Income (Loss)	(2.7)	2.6
Commodity Swaps | Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) in OCI	0.9	0.2
Gain (Loss) Reclassified to Income (Loss)	0.2	(0.1)
Foreign Exchange Contracts | Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) in OCI	(13.3)	(6.5)
Gain (Loss) Reclassified to Income (Loss)	$ (2.9)	2.7
Foreign Exchange Contracts | Net sales
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) in OCI		0.1
Gain (Loss) Reclassified to Income (Loss)		$ 0

Derivatives - Summary of Impa_2

Derivatives - Summary of Impact of Derivative Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Foreign Exchange Contracts | Other non-operating expense (income)
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivatives recognized in operations	$ (3.3)	$ 7.2

Derivatives - Schedule of Fair

Derivatives - Schedule of Fair Value of Outstanding Derivative Instruments (Details) - USD ($) $ in Millions	Jan. 03, 2021	Sep. 30, 2020
Derivatives, Fair Value [Line Items]
Derivative Assets	$ 2.2	$ 1.2
Derivative Liabilities	15.7	14.2
Commodity Swaps | Other receivables | Designated as Hedging
Derivatives, Fair Value [Line Items]
Derivative Assets	1.5	0.7
Commodity Swaps | Deferred charges and other | Designated as Hedging
Derivatives, Fair Value [Line Items]
Derivative Assets	0.1	0.1
Commodity Swaps | Accounts payable | Designated as Hedging
Derivatives, Fair Value [Line Items]
Derivative Liabilities	0.1	0
Foreign Exchange Contracts | Other receivables | Not Designated as Hedging
Derivatives, Fair Value [Line Items]
Derivative Assets	0.6	0.4
Foreign Exchange Contracts | Accounts payable | Designated as Hedging
Derivatives, Fair Value [Line Items]
Derivative Liabilities	13.6	3.8
Foreign Exchange Contracts | Accounts payable | Not Designated as Hedging
Derivatives, Fair Value [Line Items]
Derivative Liabilities	0.8	10.1
Foreign Exchange Contracts | Other long term liabilities | Designated as Hedging
Derivatives, Fair Value [Line Items]
Derivative Liabilities	$ 1.2	$ 0.3

Derivatives - Summary of Impa_3

Derivatives - Summary of Impact of Designated Hedges and Gain (Loss) - Net Investment Hedge (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Net Investment Hedge
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) in OCI	$ (21.5)	$ (4.9)

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Schedule of Carrying Values and Fair Values for Financial Instruments (Details) - USD ($) $ in Millions	Jan. 03, 2021	Sep. 30, 2020
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	$ 12.5	$ 66.9
Derivative Assets	2.2	1.2
Derivative Liabilities	15.7	14.2
Debt	2,641.3	2,595.4
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	0	0
Derivative Assets	0	0
Derivative Liabilities	0	0
Debt	2,497.2	2,476.3
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	12.5	66.9
Derivative Assets	0	0
Derivative Liabilities	0	0
Debt	0	0
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	0	0
Derivative Assets	2.2	1.2
Derivative Liabilities	15.7	14.2
Debt	2,641.3	2,595.4
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	0	0
Derivative Assets	0	0
Derivative Liabilities	0	0
Debt	0	0
SB/RH | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	2,641.3	2,595.4
SB/RH | Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	2,497.2	2,476.3
SB/RH | Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	0	0
SB/RH | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	2,641.3	2,595.4
SB/RH | Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	$ 0	$ 0

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Narrative (Details) - Common Stock - USD ($) shares in Millions, $ in Millions	1 Months Ended	3 Months Ended
	Feb. 05, 2021	Jan. 03, 2021	Dec. 29, 2019
Fair Value Of Financial Instruments [Line Items]
Number of shares sold (in shares)		1.4	0
Proceeds from sale of stock		$ 60.5
Number of shares held (in shares)		0.3
Subsequent Event
Fair Value Of Financial Instruments [Line Items]
Number of shares sold (in shares)	12.6

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Summary of Income Recognized from Equity Investments (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized gain on equity investments held	$ 0.8	$ 38.5
Realized gain on equity investments sold	5.2	0
Gain on equity investments	6	38.5
Energizer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized gain on equity investments held	0.8	38.5
Realized gain on equity investments sold	5.2	0
Gain on equity investments	6	38.5
Dividend income from equity investments	0.2	1.6
Gain from equity investments	$ 6.2	$ 40.1

Employee Benefit Plans - Compon

Employee Benefit Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
U.S. Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 0.1	$ 0.2
Interest cost	0.5	0.6
Expected return on assets	(0.9)	(1.1)
Settlement and curtailment	0	0.9
Recognized net actuarial loss	0.3	0.3
Net periodic benefit cost	$ 0	$ 0.9
Weighted average assumptions
Discount rate	2.46%	3.07%
Expected return on plan assets	6.00%	6.50%
Non U.S. Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 0.5	$ 0.6
Interest cost	0.6	0.6
Expected return on assets	(1)	(0.9)
Settlement and curtailment	0	0
Recognized net actuarial loss	0.8	0.7
Net periodic benefit cost	$ 0.9	$ 1
Non U.S. Plans | Minimum
Weighted average assumptions
Discount rate	0.50%	0.75%
Expected return on plan assets	0.50%	0.75%
Rate of compensation increase	2.25%	2.25%
Non U.S. Plans | Maximum
Weighted average assumptions
Discount rate	6.90%	7.70%
Expected return on plan assets	3.40%	3.40%
Rate of compensation increase	6.00%	6.00%

Employee Benefit Plans - Narrat

Employee Benefit Plans - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Retirement Benefits [Abstract]
Company contributions to pension and defined benefit plans, including discretionary amounts	$ 2.8	$ 0.8

Shareholder's Equity - Narrativ

Shareholder's Equity - Narrative (Details) - USD ($) $ / shares in Units, shares in Millions	Feb. 24, 2020	Nov. 18, 2019	Jul. 24, 2018	Jan. 03, 2021	Dec. 29, 2019	Sep. 30, 2020
Subsidiary, Sale of Stock [Line Items]
Common stock repurchase program, approved amount			$ 1,000,000,000
Common stock repurchase program, authorization period			36 months
Shares repurchased (in shares)				0.6	3.2
Repurchase amount, fair value				$ 42,300,000
Average cost per share (in dollars per share)				$ 65.27	$ 61.92
ASR
Subsidiary, Sale of Stock [Line Items]
Repurchase payment		$ 125,000,000
Shares repurchased (in shares)	0.3	1.7		0	1.7	2
Percentage of total shares		85.00%
Repurchase amount, fair value	$ 18,500,000	$ 106,300,000			$ 125,000,000
Reduction to additional paid-in capital		$ 18,700,000
Average cost per share (in dollars per share)				$ 0	$ 61.79	$ 61.59

Shareholder's Equity - Summary

Shareholder's Equity - Summary of Activity of Common Stock Repurchase Program (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	Feb. 24, 2020	Nov. 18, 2019	Jan. 03, 2021	Dec. 29, 2019	Sep. 30, 2020
Equity, Class of Treasury Stock [Line Items]
Number of Shares Repurchased (in shares)			0.6	3.2
Average Price Per Share (in dollars per share)			$ 65.27	$ 61.92
Amount			$ 42.3
Treasury Stock
Equity, Class of Treasury Stock [Line Items]
Amount			$ 42.3	$ 196.9
Open Market Purchases
Equity, Class of Treasury Stock [Line Items]
Number of Shares Repurchased (in shares)			0	1.3
Average Price Per Share (in dollars per share)			$ 0	$ 62.06
Open Market Purchases | Treasury Stock
Equity, Class of Treasury Stock [Line Items]
Amount			$ 0	$ 81.4
Private Purchases
Equity, Class of Treasury Stock [Line Items]
Number of Shares Repurchased (in shares)			0.6	0.2
Average Price Per Share (in dollars per share)			$ 65.27	$ 62.30
Private Purchases | Treasury Stock
Equity, Class of Treasury Stock [Line Items]
Amount			$ 42.3	$ 9.2
ASR
Equity, Class of Treasury Stock [Line Items]
Number of Shares Repurchased (in shares)	0.3	1.7	0	1.7	2
Average Price Per Share (in dollars per share)			$ 0	$ 61.79	$ 61.59
Amount	$ 18.5	$ 106.3		$ 125
ASR | Treasury Stock
Equity, Class of Treasury Stock [Line Items]
Amount			$ 0	$ 106.3

Share Based Compensation - Summ

Share Based Compensation - Summary Of Share Based Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense	$ 7.5	$ 12.9
SB/RH
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense	$ 7.5	$ 12.8

Share Based Compensation - Narr

Share Based Compensation - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unrecognized pre-tax compensation cost	$ 67.9
SB/RH
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unrecognized pre-tax compensation cost	66.5
Annual MIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense	$ 0	$ 4.4
RSU | LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years

Share Based Compensation - Su_2

Share Based Compensation - Summary of Activity of the RSUs Granted (Details) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Jan. 03, 2021USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.5
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 37.4
RSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.5
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 37.4
Time-based grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.2
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 15.2
Time-based grants | Vesting in less than 24 months
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.1
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 7.6
Time-based grants | Vesting in more than 24 months
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.1
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 7.6
Performance-based grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.3
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 22.2
Performance-based grants | Vesting in more than 24 months
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.3
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 22.2
SB/RH
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.5
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 35.9
SB/RH | RSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.5
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 35.9
SB/RH | Time-based grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.2
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 13.7
SB/RH | Time-based grants | Vesting in less than 24 months
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.1
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 6.1
SB/RH | Time-based grants | Vesting in more than 24 months
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.1
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 7.6
SB/RH | Performance-based grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.3
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 22.2
SB/RH | Performance-based grants | Vesting in more than 24 months
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units (in shares) | shares	0.3
Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date | $	$ 22.2

Share Based Compensation (Summa

Share Based Compensation (Summary Of RSU Activity) (Details) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Jan. 03, 2021USD ($)$ / sharesshares
Shares
Granted (in shares) | shares	0.5
Weighted Average Grant Date Fair Value
Granted (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date
Granted | $	$ 37.4
RSU
Shares
Beginning balance (in shares) | shares	1.4
Granted (in shares) | shares	0.5
Forfeited (in shares) | shares	(0.1)
Vested (in shares) | shares	(0.3)
Ending balance (in shares) | shares	1.5
Weighted Average Grant Date Fair Value
Beginning balance (in dollars per share) | $ / shares	$ 56.41
Granted (in dollars per share) | $ / shares	74.32
Forfeited (in dollars per share) | $ / shares	59.06
Vested (in dollars per share) | $ / shares	53.09
Ending balance (in dollars per share) | $ / shares	$ 62.77
Fair Value at Grant Date
Beginning balance | $	$ 79.3
Granted | $	37.4
Forfeited | $	(0.5)
Vested | $	(17)
Ending balance | $	$ 99.2
SB/RH
Shares
Granted (in shares) | shares	0.5
Weighted Average Grant Date Fair Value
Granted (in dollars per share) | $ / shares	$ 74.32
Fair Value at Grant Date
Granted | $	$ 35.9
SB/RH | RSU
Shares
Beginning balance (in shares) | shares	1.4
Granted (in shares) | shares	0.5
Forfeited (in shares) | shares	(0.1)
Vested (in shares) | shares	(0.3)
Ending balance (in shares) | shares	1.5
Weighted Average Grant Date Fair Value
Beginning balance (in dollars per share) | $ / shares	$ 56.33
Granted (in dollars per share) | $ / shares	74.32
Forfeited (in dollars per share) | $ / shares	59.06
Vested (in dollars per share) | $ / shares	52.38
Ending balance (in dollars per share) | $ / shares	$ 62.67
Fair Value at Grant Date
Beginning balance | $	$ 77.7
Granted | $	35.9
Forfeited | $	(0.5)
Vested | $	(15.7)
Ending balance | $	$ 97.4

Income Taxes - Schedule Of Effe

Income Taxes - Schedule Of Effective Tax Rate (Details)	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Income Taxes [Line Items]
Effective tax rate	21.30%	(1.90%)
SB/RH
Income Taxes [Line Items]
Effective tax rate	21.30%	(2.50%)

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Sep. 30, 2020
Income Taxes [Line Items]
U.S. Federal statutory income tax rate	21.00%
Foreign Tax Authority | Netherlands
Income Taxes [Line Items]
Tax benefit from favorable settlement	$ 5.3
SB/RH
Income Taxes [Line Items]
Income taxes payable	$ 8.9	$ 1.8

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019	Sep. 30, 2020
Related Party Transaction [Line Items]
Net income (loss)	$ 72.1	$ (35.8)
GBL
Related Party Transaction [Line Items]
Indemnifications, acquisition agreement	37.2		$ 51.6
GBL | Indemnification payable | Energizer
Related Party Transaction [Line Items]
Net settlement payable	17.5		33
GBL | Other Long-Term Liabilities
Related Party Transaction [Line Items]
Net settlement payable	19.7		18.6
TSAs and reverse TSAs
Related Party Transaction [Line Items]
Net income (loss)	(1.8)	1.6
TSAs
Related Party Transaction [Line Items]
TSA charges	0.8	4.4
Reverse TSAs
Related Party Transaction [Line Items]
TSA charges	$ 2.6	2.8
Minimum | TSAs and reverse TSAs
Related Party Transaction [Line Items]
Overall expected time period of transition	12 months
Maximum | TSAs and reverse TSAs
Related Party Transaction [Line Items]
Overall expected time period of transition	24 months
Energizer | TSAs and reverse TSAs
Related Party Transaction [Line Items]
Net receivable	$ 3.8		5.4
Energizer | H&G supply agreement
Related Party Transaction [Line Items]
Net receivable	$ 2.7	4.4
Supply agreement contract term	24 months
Revenue	$ 4.1	$ 5.3
Varta AG | TSAs and reverse TSAs
Related Party Transaction [Line Items]
Net payable	$ (0.4)		$ (1)

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	Jan. 03, 2021	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Estimated costs associated with environmental remediation activities	$ 11.6	$ 11.6
Product liability accruals	4.8	5.1
Product warranty accruals	10.8	$ 10.9
Accrual of probable loss	$ 6

Segment Information - Net Sales

Segment Information - Net Sales Relating to Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Revenue from External Customer [Line Items]
Net sales	$ 1,145	$ 871.5
Operating Segments
Revenue from External Customer [Line Items]
Net sales	1,145	871.5
HHI | Operating Segments
Revenue from External Customer [Line Items]
Net sales	408.7	297.7
HPC | Operating Segments
Revenue from External Customer [Line Items]
Net sales	378.5	322.1
GPC | Operating Segments
Revenue from External Customer [Line Items]
Net sales	275.5	205.8
H&G | Operating Segments
Revenue from External Customer [Line Items]
Net sales	$ 82.3	$ 45.9

Segment Information - Schedule

Segment Information - Schedule of Segment Information (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Segment Adjusted EBITDA	$ 213.1	$ 107.4
Corporate	9	5.2
Interest expense	36.7	34.8
Depreciation and amortization	35.7	41.7
Share and incentive based compensation	8.1	14.5
Restructuring and related charges	9.2	27.4
Transaction related charges	20.6	4.1
Gain on Energizer investment	(6)	(38.5)
Loss on assets held for sale	0	32.8
Write-off from impairment of intangible assets	0	24.2
Inventory acquisition step-up	0.8	0
Other	6	(1.8)
Income (loss) from continuing operations before income taxes	93	(37)
HHI
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Segment Adjusted EBITDA	98.2	42.8
HPC
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Segment Adjusted EBITDA	50.9	36.4
GPC
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Segment Adjusted EBITDA	53.6	31.5
H&G
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Segment Adjusted EBITDA	10.4	(3.3)
SB/RH
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Segment Adjusted EBITDA	213.1	107.4
Corporate	8.5	4.9
Interest expense	36.8	34.6
Depreciation and amortization	35.7	41.7
Share and incentive based compensation	8.1	14.4
Restructuring and related charges	9.2	27.4
Transaction related charges	20.6	4.1
Gain on Energizer investment	(6)	(38.5)
Loss on assets held for sale	0	32.8
Write-off from impairment of intangible assets	0	24.2
Inventory acquisition step-up	0.8	0
Other	5.9	(2.3)
Income (loss) from continuing operations before income taxes	93.5	(35.9)
SB/RH | HHI
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Segment Adjusted EBITDA	98.2	42.8
SB/RH | HPC
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Segment Adjusted EBITDA	50.9	36.4
SB/RH | GPC
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Segment Adjusted EBITDA	53.6	31.5
SB/RH | H&G
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total Segment Adjusted EBITDA	$ 10.4	$ (3.3)

Earnings Per Share - SBH (Detai

Earnings Per Share - SBH (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Jan. 03, 2021	Dec. 29, 2019
Numerator
Net income (loss) from continuing operations attributable to controlling interest	$ 72.4	$ (38.6)
(Loss) income from discontinued operations attributable to controlling interest	(0.3)	2.8
Net income (loss) attributable to controlling interest	$ 72.1	$ (35.8)
Denominator
Weighted average shares outstanding - basic (in shares)	42.9	47.7
Dilutive shares (in shares)	0.1	0
Weighted average shares outstanding - diluted (in shares)	43	47.7
Earnings per share
Basic earnings per share from continuing operations (in dollars per share)	$ 1.69	$ (0.81)
Basic earnings per share from discontinued operations (in dollars per share)	(0.01)	0.06
Basic earnings per share (in dollars per share)	1.68	(0.75)
Diluted earnings per share from continuing operations (in dollars per share)	1.68	(0.81)
Diluted earnings per share from discontinued operations (in dollars per share)	0	0.06
Diluted earnings per share (in dollars per share)	$ 1.68	$ (0.75)
Weighted average number of anti-dilutive shares excluded from denominator (in shares)	0	0.1