Edgewell Personal Care (EPC) 10-Q 7 Feb 24 2024 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Dec. 31, 2023	Jan. 31, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2023
Document Transition Report	false
Entity File Number	001-15401
Entity Registrant Name	EDGEWELL PERSONAL CARE COMPANY
Entity Incorporation, State or Country Code	MO
Entity Tax Identification Number	43-1863181
Entity Address, Address Line One	6 Research Drive
Entity Address, City or Town	Shelton,
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06484
City Area Code	(203)
Local Phone Number	944-5500
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	EPC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		49,933,117
Entity Central Index Key	0001096752
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings and Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net sales	$ 488.9	$ 469.1
Cost of products sold	291.2	279.5
Gross profit	197.7	189.6
Selling, general and administrative expense	103.3	95.7
Advertising and sales promotion expense	48.2	45.9
Research and development expense	13.3	13.4
Restructuring charges	6.8	2.7
Operating income	26.1	31.9
Interest expense associated with debt	19.8	19.9
Other expense (income), net	0.3	(5)
Earnings before income taxes	6	17
Income tax provision	1.2	4.6
Net earnings	$ 4.8	$ 12.4
Basic net earnings per share	$ 0.10	$ 0.24
Diluted net earnings per share	$ 0.09	$ 0.24
Condensed Consolidated Statements of Comprehensive Income
Net earnings	$ 4.8	$ 12.4
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments	27	48
Pension and postretirement activity, net of tax	(0.1)	(0.2)
Deferred gain (loss) on hedging activity, net of tax	(3.4)	(8.2)
Total other comprehensive income, net of tax	23.5	39.6
Total comprehensive income	$ 28.3	$ 52

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Earnings and Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Pension and postretirement activity, tax	$ (0.6)	$ (0.1)
Deferred gain on hedging activity, tax	$ (1.6)	$ (3.8)
Diluted net earnings per share	$ 0.09	$ 0.24

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Sep. 30, 2023
Current assets
Cash and cash equivalents	$ 214.2	$ 216.4
Trade receivables, less allowance for doubtful accounts	112.5	106.2
Inventories	521.9	492.4
Other current assets	156.9	147.4
Total current assets	1,005.5	962.4
Property, plant and equipment, net	333.5	337.9
Goodwill	1,337.1	1,331.4
Other intangible assets, net	970.1	973.8
Other assets	141	135.2
Total assets	3,787.2	3,740.7
Current liabilities
Notes payable	24.2	19.5
Accounts payable	197.5	194.4
Other current liabilities	246	309.5
Total current liabilities	467.7	523.4
Long-term debt	1,452.3	1,360.7
Deferred income tax liabilities	136.9	136.4
Other liabilities	184.5	179.7
Liabilities, Total	2,241.4	2,200.2
Shareholders’ equity
Preferred shares	0	0
Common shares	0.7	0.7
Additional paid-in capital	1,568.9	1,593.8
Retained earnings	1,019.3	1,022.1
Common shares in treasury at cost	(896.6)	(906.1)
Accumulated other comprehensive loss	(146.5)	(170)
Total shareholders’ equity	1,545.8	1,540.5
Total liabilities and shareholders’ equity	$ 3,787.2	$ 3,740.7

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2023	Sep. 30, 2023
Statement of Financial Position [Abstract]
Preferred shares, par value (in usd per share)	$ 0.01	$ 0.01
Preferred shares, authorized (in shares)	10,000,000	10,000,000
Preferred shares, issued (in shares)	0	0
Preferred shares, outstanding (in shares)	0	0
Common shares, par value (in usd per share)	$ 0.01	$ 0.01
Common shares, authorized (in shares)	300,000,000	300,000,000
Common shares, issued (in shares)	65,251,989	65,251,989
Common shares, outstanding (in shares)	50,030,286	50,118,789
Treasury Stock, Common, Shares	15,221,703	15,133,200
Accounts Receivable, Allowance for Credit Loss	$ 6.1	$ 5.6

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash Flow from Operating Activities
Net earnings	$ 4.8	$ 12.4
Depreciation and amortization	22.5	22.5
Share-based compensation expense	7	6.5
Loss on sale of assets	0.1	0.7
Deferred compensation payments	(0.4)	0
Deferred income taxes	(0.2)	(0.1)
Proceeds (payments) for other operating activities	(0.6)	(1.8)
Other, net	(106.1)	(126.5)
Net cash used by operating activities	(72.9)	(86.3)
Cash Flow from Investing Activities
Capital expenditures	(6.5)	(11.3)
Collection of deferred purchase price on accounts receivable sold	0	0.4
Payments for (Proceeds from) Other Investing Activities	0.5	(0.3)
Net cash used by investing activities	(6)	(11.2)
Cash Flow from Financing Activities
Cash proceeds from debt with original maturities greater than 90 days	216	241
Cash payments on debt with original maturities greater than 90 days	(125)	(141)
Proceeds from debt with original maturities of 90 days or less	4.1	5.5
Repurchase of shares	(15)	(15)
Dividends to common shareholders	(7.6)	(8.3)
Net financing inflow from the Accounts Receivable Facility	4.8	8.8
Employee shares withheld for taxes	(7)	(8.1)
Proceeds (payments) for other financing activities	(0.5)	0
Net cash from financing activities	69.8	82.9
Effect of exchange rate changes on cash	6.9	10
Net decrease in cash and cash equivalents	(2.2)	(4.6)
Cash and cash equivalents, beginning of period	216.4	188.7
Cash and cash equivalents, end of period	$ 214.2	$ 184.1

Condensed Consolidated Statem_4

Condensed Consolidated Statement of Changes in Shareholders' Equity Statement - USD ($) $ in Millions	Total	Reclassification out of Accumulated Other Comprehensive Income	Common shares	Treasury Stock, Common	Additional paid-in capital	Retained earnings	Accumulated other comprehensive loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Treasury Stock, Common, Shares				(13,700,000)
Common shares, issued (in shares)			65,200,000
Treasury Stock, Common, Shares				(13,700,000)
Beginning shareholders' equity at Sep. 30, 2022	$ 1,467.1		$ 0.7	$ (860.9)	$ 1,604.3	$ 939.1	$ (216.1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	12.4					12.4
Foreign currency translation adjustments	48						48
Pension and postretirement activity, net of tax	(0.2)						(0.2)
Deferred gain (loss) on hedging activity, net of tax	(8.2)						(8.2)
Dividends declared to common shareholders	(8)					(8)
Treasury shares repurchased (in usd)	(15)			$ (15)
Treasury shares repurchased (in shares)				(400,000)
Activity under share plans (shares)				400,000
Activity under share plans (in usd)	(1.5)			$ 25
APIC activity under share plans					(26.5)
Ending shareholders' equity at Dec. 31, 2022	$ 1,494.6		$ 0.7	$ (850.9)	1,577.8	943.5	(176.5)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
OCI Cash flow hedges reclass to earnings, before tax		$ 5
Treasury Stock, Common, Shares				(13,700,000)
Common shares, issued (in shares)			65,200,000
Treasury Stock, Common, Shares				(13,700,000)
Treasury Stock, Common, Shares	15,133,200			(15,000,000)
Common shares, issued (in shares)	65,251,989		65,200,000
Treasury Stock, Common, Shares	15,133,200			(15,000,000)
Beginning shareholders' equity at Sep. 30, 2023	$ 1,540.5		$ 0.7	$ (906.1)	1,593.8	1,022.1	(170)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	4.8					(4.8)
Foreign currency translation adjustments	27						27
Pension and postretirement activity, net of tax	(0.1)						(0.1)
Deferred gain (loss) on hedging activity, net of tax	(3.4)						(3.4)
Dividends declared to common shareholders	(7.6)					(7.6)
Treasury shares repurchased (in usd)	$ (15.5)			$ (15.5)
Treasury shares repurchased (in shares)	(400,000)			(400,000)
Activity under share plans (shares)				200,000
Activity under share plans (in usd)	$ 0.1			$ 25
APIC activity under share plans					(24.9)
Ending shareholders' equity at Dec. 31, 2023	$ 1,545.8		$ 0.7	$ (896.6)	$ 1,568.9	$ 1,019.3	$ (146.5)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
OCI Cash flow hedges reclass to earnings, before tax		$ 1.6
Treasury Stock, Common, Shares	15,221,703			(15,200,000)
Common shares, issued (in shares)	65,251,989		65,200,000
Treasury Stock, Common, Shares	15,221,703			(15,200,000)

Background and Basis of Present

Background and Basis of Presentation	3 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Background and Basis of Presentation	Background and Basis of Presentation Background Edgewell Personal Care Company and its subsidiaries (collectively, “Edgewell” or the “Company”) is one of the world’s largest manufacturers and marketers of personal care products in the wet shave, sun and skin care, and feminine care categories. With operations in over 20 countries, the Company’s products are widely available in more than 50 countries. The Company conducts its business in the following three segments: • Wet Shave consists of products sold under the Schick®, Wilkinson Sword®, Edge, Skintimate®, Billie®, Shave Guard and our custom brands group (formerly sold under our Shave Guard and Personna® brands), as well as non-branded products. The Company’s wet shave products include razor handles and refillable blades, disposable shave products, and shaving gels and creams. • Sun and Skin Care consists of Banana Boat® and Hawaiian Tropic® sun care products, Jack Black®, Bulldog® and Cremo® men’s grooming products, Billie women’s grooming products and Wet Ones® products. • Feminine Care includes tampons, pads and liners sold under the Playtex Gentle Glide® and Sport®, Stayfree®, Carefree®, and o.b.® brands. Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements include the accounts of the Company and its controlled subsidiaries and have been prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) under the rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). The preparation of the unaudited Condensed Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities, disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses. Actual results may differ materially from those estimates. All intercompany balances and transactions have been eliminated in consolidation and, in the opinion of management, all normal recurring adjustments considered necessary for a fair statement have been included in the interim results reported. The fiscal year-end balance sheet data was derived from audited consolidated financial statements, but do not include all of the annual disclosures required by GAAP; accordingly, these unaudited Condensed Consolidated Financial Statements should be read in conjunction with the Company’s audited annual consolidated financial statements included in its Annual Report on Form 10-K filed with the SEC on November 28, 2023. Recently Issued Accounting Pronouncements In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures to update income tax disclosure requirements primarily by requiring specific categories and greater disaggregation within the rate reconciliation and disaggregation of income taxes paid by jurisdiction. The amendments in the ASU also remove disclosures related to certain unrecognized tax benefits and deferred taxes. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024. The amendments may be applied prospectively or retrospectively with early adoption is permitted. We are currently assessing the impact of the requirements on our consolidated financial statements and disclosures. In November 2023, the FASB issued ASU No. 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures to expand reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments in the ASU require that a public entity disclose, on an annual and interim basis, significant segment expenses that are regularly provided to an entity's chief operating decision maker (“CODM”), a description of other segment items by reportable segment, and any additional measures of a segment's profit or loss used by the CODM when deciding how to allocate resources. Annual disclosures are required for fiscal years beginning after December 15, 2023. Interim disclosures are required for periods within fiscal years beginning after December 15, 2024. Retrospective application is required for all prior periods presented with early adoption is permitted. We are currently assessing the impact of the requirements on our consolidated financial statements and disclosures.
Supplier Finance Program	Recently Adopted Accounting Pronouncements In September 2022, the Financial Accounting Standards Board issued Accounting Standards Update 2022-04, " Liabilities - Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations " which requires that a buyer in a supplier finance program disclose additional information about the program for financial statement users including a rollforward of those obligations. The Company adopted the standard as of October 1, 2023, except for amendments relating to the rollforward requirement, which is effective for fiscal years beginning after December 15, 2023.

Restructuring Charges

Restructuring Charges	3 Months Ended
	Dec. 31, 2023
Restructuring Charges [Abstract]
Restructuring Charges	Restructuring Charges Operating Model Redesign In fiscal 2024, the Company continues to take actions to strengthen its operating model, simplify the organization and improve manufacturing and supply chain efficiency and productivity. As a result of these actions, the Company expects to incur restructuring and repositioning related charges of approximately $19 in fiscal 2024. The Company has incurred restructuring and related charges as follows: Three Months Ended December 31, 2023 2022 Severance and related costs $ 3.9 $ 0.9 Asset write-off and accelerated depreciation 0.1 — Consulting, project implementation and management, and other exit costs 2.8 1.9 Total restructuring and related costs (1) $ 6.8 $ 2.8 (1) Restructuring and related costs of nil and $0.1 are included within Selling, general and administrative expense (“SG&A”) for the three months ended December 31, 2023 and 2022, respectively. The following table summarizes the restructuring activities and related accrual for the three months ended December 31, 2023: Utilized October 1, 2023 Charge to Cash December 31, Severance and related costs $ 3.9 $ 4.0 $ (4.2) $ 3.7 Consulting, project implementation and management, and other exit costs 0.7 2.8 (3.5) — Total restructuring activities and related accrual $ 4.6 $ 6.8 $ (7.7) $ 3.7

Income Taxes

Income Taxes	3 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three months ended December 31, 2023, the Company had income tax expense of $1.2, on Earnings before income taxes of $6.0. The effective tax rate for the three months ended December 31, 2023 w as 20.1%. The difference between the federal statutory rate and the effective rate is primarily due to a favorable mix of earnings in lower tax rate jurisdictions. For the three months ended December 31, 2022, the Company had income tax expense of $4.6 on Earnings before income taxes of $17.0. The effective tax rate for the three months ended December 31, 2022 was 27.0%. The difference between the federal statutory rate and the effective rate was primarily due to an unfavorable mix of earnings in higher tax rate jurisdictions.

Earnings per Share

Earnings per Share	3 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share Basic earnings per share is based on the weighted-average number of common shares outstanding during the period. Diluted earnings per share is based on the number of shares used for the basic earnings per share calculation, adjusted for the dilutive effect of share options, restricted share equivalent (“RSE”) and performance restricted share equivalent (“PRSE”) awards. The following is the reconciliation between the number of weighted-average shares used in the basic and diluted earnings per share calculation: Three Months Ended 2023 2022 Basic weighted-average shares outstanding 50.1 51.6 Effect of dilutive securities: Options, RSE and PRSE awards 0.4 0.3 Total dilutive securities 0.4 0.3 Diluted weighted-average shares outstanding 50.5 51.9 The following weighted-average common shares were excluded from the calculation of diluted earnings per share because the effect of including these awards was antidilutive. Three Months Ended 2023 2022 Option awards 1.3 1.0 RSE and PRSE awards 0.6 0.6

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The following table sets forth goodwill by segment: Wet Sun and Skin Feminine Total Gross balance as of September 30, 2023 $ 1,140.5 $ 355.9 $ 206.0 $ 1,702.4 Accumulated goodwill impairment (369.0) (2.0) — (371.0) Net balance as of September 30, 2023 $ 771.5 $ 353.9 $ 206.0 $ 1,331.4 Changes in the three months ended December 31, 2023 Cumulative translation adjustment 4.0 0.7 1.0 5.7 Gross balance as of December 31, 2023 $ 1,144.5 $ 356.6 $ 207.0 $ 1,708.1 Accumulated goodwill impairment (369.0) (2.0) — (371.0) Net balance as of December 31, 2023 $ 775.5 $ 354.6 $ 207.0 $ 1,337.1 The following table sets forth intangible assets by class: December 31, 2023 September 30, 2023 Carrying Accumulated Net Carrying Accumulated Net Indefinite lived Trade names and brands $ 596.4 $ — $ 596.4 $ 592.9 $ — $ 592.9 Amortizable Trade names and brands $ 339.8 $ 92.2 $ 247.6 $ 339.6 $ 88.1 $ 251.5 Technology and patents 79.7 76.7 3.0 79.4 76.2 3.2 Customer related and other 271.4 148.3 123.1 269.8 143.6 126.2 Amortizable intangible assets 690.9 317.2 373.7 688.8 307.9 380.9 Total intangible assets $ 1,287.3 $ 317.2 $ 970.1 $ 1,281.7 $ 307.9 $ 973.8 Amortization expense was $7.8 and $7.7 for the three months ended December 31, 2023 and 2022, respectively. Estimated amortization expense for amortizable intangible assets is as follows: Estimated amortization expense Remainder of fiscal year 2024 23.3 2025 31.1 2026 30.7 2027 30.5 2028 30.4 2029 30.4 Thereafter 197.3 Goodwill and intangible assets deemed to have an indefinite life are not amortized but are instead reviewed annually for impairment or when indicators of a potential impairment are present. The Company’s annual impairment testing date is July 1. An interim impairment analysis may indicate that carrying amounts of goodwill and other intangible assets require adjustment or that remaining useful lives should be revised. The Company determined there was no triggering event requiring an interim impairment analysis during the three months ended December 31, 2023.

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information	3 Months Ended
	Dec. 31, 2023
Supplemental Balance Sheet Information [Abstract]
Supplemental Balance Sheet Information	Supplemental Balance Sheet Information December 31, September 30, Inventories Raw materials and supplies $ 94.1 $ 86.3 Work in process 92.2 91.1 Finished products 335.6 315.0 Total inventories $ 521.9 $ 492.4 Other Current Assets Prepaid expenses $ 82.5 $ 72.5 Value added tax receivables 39.8 43.7 Income taxes receivable 25.1 18.9 Other 9.5 12.3 Total other current assets $ 156.9 $ 147.4 Property, Plant and Equipment Land $ 18.8 $ 18.5 Buildings 144.9 142.6 Machinery and equipment 1,117.8 1,105.3 Capitalized software costs 61.4 60.2 Construction in progress 41.2 38.5 Total gross property, plant and equipment 1,384.1 1,365.1 Accumulated depreciation and amortization (1,050.6) (1,027.2) Total property, plant and equipment, net $ 333.5 $ 337.9 Other Current Liabilities Accrued advertising and sales promotion $ 38.1 $ 31.5 Accrued trade allowances 27.0 29.8 Accrued salaries, vacations and incentive compensation 34.2 65.4 Income taxes payable 6.5 11.9 Returns reserve 36.1 53.5 Accrued interest 9.8 25.0 Other 94.3 92.4 Total other current liabilities $ 246.0 $ 309.5 Other Liabilities Pensions and other retirement benefits $ 59.6 $ 58.2 Other 124.9 121.5 Total other liabilities $ 184.5 $ 179.7

Accounts Receivable Facility

Accounts Receivable Facility	3 Months Ended
	Dec. 31, 2023
Transfers and Servicing [Abstract]
Accounts receivable facility	Accounts Receivable Facilities The Company participates in accounts receivable facility programs both in the United States and Japan. These receivable agreements are between the Company and MUFG Bank, LTD, and the subsidiaries of both parties. Transfers under the accounts receivable repurchase agreements are accounted for as sales of accounts receivables, resulting in the receivables being derecognized from the Condensed Consolidated Balance Sheet. The purchaser assumes the credit risk at the time of sale and has the right at any time to assign, transfer, or participate any of its rights under the purchased receivables to another bank or financial institution. The purchase and sale of receivables under accounts receivable repurchase agreements is intended to be an absolute and irrevocable transfer without recourse by the purchaser to the Company for the creditworthiness of any obligor. The Company has considered its performance obligation to collect and service the receivables sold in the United States and Japan and has determined that such services are not material. The compensation received is considered acceptable servicing compensation and as such, the Company does not recognize a servicing asset or liability. Accounts receivables sold were $216.1 and $212.1 for the three months ended December 31, 2023 and 2022, respectively. The trade receivables sold that remained outstanding as of December 31, 2023 and September 30, 2023 were $82.4 and $82.1, respectively. The net proceeds received were included in both Cash from operating activities and Cash used by investing activities on the Condensed Consolidated Statements of Cash Flows. The difference between the carrying amount of the trade receivables sold and the sum of the cash received is recorded as a loss on sale of receivables in Other expense (income), net in the Condensed Consolidated Statements of Earnings and Comprehensive Income. The loss on sale of trade receivables was $1.2 and $0.9 for the three months ended December 31, 2023 and 2022, respectively.

Debt

Debt	3 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Debt	Debt The detail of long-term debt was as follows: December 31, September 30, Senior notes, fixed interest rate of 5.5%, due 2028 $ 750.0 $ 750.0 Senior notes, fixed interest rate of 4.1%, due 2029 500.0 500.0 U.S. revolving credit facility (1) 213.0 122.0 Total 1,463.0 1,372.0 Less unamortized debt issuance costs and discount (2) 10.7 11.3 Total long-term debt $ 1,452.3 $ 1,360.7 (1) The U.S. revolving credit facility matures in April 2025. (2) As of December 31, 2023, the balance for the Senior Notes due 2028 and the Senior Notes due 2029 are reflected net of debt issuance costs of $6.5 and $4.2, respectively. As of September 30, 2023, the balance for the Senior Notes due 2028 and the Senior Notes due 2029 are reflected net of debt issuance costs of $6.9 and $4.4, respectively. As of December 31, 2023 and September 30, 2023 , the Company also had outstanding short-term notes payable with financial institutions with original maturities of less than 90 days of $24.2 a

Retirement Plans

Retirement Plans	3 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
Retirement Plans	Retirement Plans The Company has several defined benefit pension plans covering employees in the U.S. and certain employees in other countries. The plans provide retirement benefits based on years of service and compensation. The Company also sponsors or participates in several other non-U.S. pension and postretirement arrangements, including various retirement and termination benefit plans, some of which are required by local law or coordinated with government-sponsored plans, which are not significant in the aggregate and, therefore, are not included in the information presented below. The Company’s net periodic pension and postretirement costs for its material plans were as follows: Three Months Ended 2023 2022 Service cost $ 0.5 $ 0.5 Interest cost 5.3 5.2 Expected return on plan assets (4.9) (5.4) Recognized net actuarial loss 0.4 0.4 Net periodic cost $ 1.3 $ 0.7 The service cost component of the net periodic cost associated with the Company’s retirement plans is recorded to Cost of products sold and SG&A on the Condensed Consolidated Statement of Earnings and Comprehensive Income. The remaining net periodic cost is recorded to Other expense (income), net on the Condensed Consolidated Statement of Earnings and Comprehensive Income.

Equity

Equity	3 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Shareholders' Equity	Shareholders’ Equity Share Repurchases In January 2018, the Company’s Board of Directors (the “Board”) authorized the repurchase of up to 10.0 shares of the Company’s common stock, replacing the previous share repurchase authorization from May 2015. The Company repurchased 0.4 shares of its common stock for $15.0 during the three months ended December 31, 2023. There are 4.2 shares of common stock available for repurchase in the future under the Board’s authorization as of December 31, 2023. Any future share repurchases may be made in the open market, privately negotiated transactions, or otherwise permitted, and in such amounts and at such times as the Company deems appropriate based upon prevailing market conditions, business needs, and other factors. Dividends Dividend activity in the three months ended December 31, 2023 are as follows: Date Declared Record Date Payable Date Amount Per Share August 1, 2023 September 7, 2023 October 4, 2023 $ 0.15 November 2, 2023 December 6, 2023 January 4, 2024 $ 0.15 On February 1, 2024, the Board declared a quarterly cash dividend of $0.15 per common share for the second fiscal quarter of 2024. The dividend will be payable on April 4, 2024 to shareholders of record as the close of business on March 7, 2024. Dividends declared during the three months ended December 31, 2023 totaled $7.6. Payments made for dividends during the three months ended December 31, 2023 totaled $7.6.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The following table presents the changes in AOCI, net of tax, by component: Foreign Pension and Hedging Total Balance as of October 1, 2023 $ (86.9) $ (86.0) $ 2.9 $ (170.0) Other comprehensive income (loss), net of tax 27.0 (0.4) (2.3) 24.3 Reclassifications to earnings — 0.3 (1.1) (0.8) Balance as of December 31, 2023 $ (59.9) $ (86.1) $ (0.5) $ (146.5) Foreign Pension and Hedging Total Balance as of October 1, 2022 $ (131.2) $ (92.6) $ 7.7 $ (216.1) Other comprehensive (loss) income, net of tax 48.0 (0.5) (4.8) 42.7 Reclassifications to earnings — 0.3 (3.4) (3.1) Balance as of December 31, 2022 $ (83.2) $ (92.8) $ (0.5) $ (176.5) The following table presents the reclassifications out of AOCI: Three Months Ended Affected Line Item in the Details of AOCI Components 2023 2022 Gain on cash flow hedges Foreign exchange contracts $ 1.6 $ 5.0 Other expense (income), net Income tax expense 0.5 1.6 Income tax provision 1.1 3.4 Amortization of defined benefit pension and postretirement items Actuarial losses (1) $ (0.4) $ (0.4) Income tax (benefit) (0.1) (0.1) Income tax provision (0.3) (0.3) Total reclassifications for the period $ 0.8 $ 3.1 (1) These AOCI components are included in the computation of net periodic cost. See Note 9 of Notes to Condensed Consolidated Financial Statements.

Financial Instruments and Risk

Financial Instruments and Risk Management	3 Months Ended
	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments and Risk Management	Financial Instruments and Risk Management In the ordinary course of business, the Company may enter into contractual arrangements (also referred to as derivatives) to reduce its exposure to foreign currency. The Company has master netting agreements with all of its counterparties that allow for the settlement of contracts in an asset position with contracts in a liability position in the event of default. The Company manages counterparty risk through the utilization of investment grade commercial banks, diversification of counterparties, and its counterparty netting arrangements. The section below outlines the types of derivatives in place as of December 31, 2023 and September 30, 2023, as well as the Company’s objectives and strategies for holding derivative instruments. Foreign Currency Risk A significant share of the Company’s sales is tied to currencies other than the U.S. dollar, the Company’s reporting currency. As such, a weakening of currencies relative to the U.S. dollar can have an unfavorable impact on reported earnings. Conversely, strengthening of currencies relative to the U.S. dollar can improve reported results. The primary currencies to which the Company is exposed include the euro, the Japanese yen, the British pound, the Canadian dollar, and the Australian dollar. Additionally, the Company’s foreign subsidiaries enter into internal and external transactions that create non-functional currency balance sheet positions at the foreign subsidiary level. These exposures are generally the result of intercompany purchases, intercompany loans and, to a lesser extent, external purchases, and are revalued in the foreign subsidiary’s local currency at the end of each month. Changes in the value of the non-functional currency balance sheet positions in relation to the foreign subsidiary’s local currency results in an exchange gain or loss recorded in Other expense (income), net. The primary currency to which the Company’s foreign subsidiaries are exposed is the U.S. dollar. Cash Flow Hedges As of December 31, 2023, the Company maintains a cash flow hedging program related to foreign currency risk. These derivative instruments have a high correlation to the underlying exposure being hedged and have been deemed highly effective by the Company for accounting purposes in offsetting the associated risk. The Company has forward currency contracts to hedge cash flow uncertainty associated with currency fluctuations. These transactions are accounted for as cash flow hedges. The Company had an unrealized pre-tax loss of $0.6 and an unrealized pre-tax gain of $4.4 as of December 31, 2023 and September 30, 2023, respectively, on these forward currency contracts, which are accounted for as cash flow hedges and included in AOCI. Assuming foreign exchange rates versus the U.S. dollar remain at December 31, 2023 levels over the next 12 months, the majority of the pre-tax loss included in AOCI as of December 31, 2023 is expected to be included in Other expense (income), net. Contract maturities for these hedges extend into fiscal 2025. As of December 31, 2023, there were 64 open foreign currency contracts with a total notional value of $99.9. Derivatives not Designated as Hedges The Company has foreign currency derivative contracts, which are not designated as cash flow hedges for accounting purposes, to hedge balance sheet exposures. Any gains or losses on these contracts are expected to be offset by exchange gains or losses on the underlying exposures and, thus, are not expected to be subject to significant market risk. The change in the estimated fair value of the foreign currency contracts for the three months ended December 31, 2023 and 2022, resulted in a loss of $ 1.1 2.7 The following table provides estimated fair values of derivative instruments: Fair Value of Assets (Liabilities) as of (1) December 31, September 30, Derivatives designated as cash flow hedging relationships: Foreign currency contracts $ (0.6) $ 4.4 Derivatives not designated as cash flow hedging relationships: Foreign currency contracts $ (1.2) $ 0.9 (1) Derivative assets are presented in Other current assets or Other assets. Derivative liabilities are presented in Other current liabilities or Other liabilities. The following table provides the pre-tax amounts of gains and losses on derivative instruments: Three Months Ended 2023 2022 Derivatives designated as cash flow hedging relationships: Foreign currency contracts Gain (loss) recognized in OCI (1) $ 1.1 $ (7.1) Gain reclassified from AOCI into income (1) (2) 1.6 4.9 Derivatives not designated as cash flow hedging relationships: Foreign currency contracts Loss recognized in income (2) $ 1.1 $ 2.7 (1) Each of these derivative instruments had a high correlation to the underlying exposure being hedged for the periods indicated and have been deemed highly effective by the Company in offsetting associated risk. (2) Gain was recorded in Other expense (income), net. The following table provides financial assets and liabilities for balance sheet offsetting: As of December 31, 2023 As of September 30, 2023 Assets (1) Liabilities (2) Assets (1) Liabilities (2) Foreign currency contracts Gross amounts of recognized assets (liabilities) $ 1.2 $ (0.3) $ 6.1 $ (0.7) Gross amounts offset in the balance sheet (2.8) 0.1 (0.2) 0.4 Net amounts of assets (liabilities) presented in the balance sheet $ (1.6) $ (0.2) $ 5.9 $ (0.3) (1) All derivative assets are presented in Other current assets or Other assets. (2) All derivative liabilities are presented in Other current liabilities or Other liabilities. Fair Value Hierarchy Accounting guidance on fair value measurements for certain financial assets and liabilities requires that assets and liabilities carried at fair value be classified in one of the following three categories: Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs reflecting the reporting entity’s own assumptions or external inputs from inactive markets. The following table sets forth the Company’s financial assets and liabilities, which are carried at fair value and measured on a recurring basis during the period, all of which are classified as Level 2 within the fair value hierarchy: December 31, September 30, Assets (Liabilities) at estimated fair value: Deferred compensation liability $ (20.7) $ (19.4) Derivatives - foreign currency contracts (liability) asset (1.8) 5.6 Net assets (liabilities) at estimated fair value $ (22.5) $ (13.8) The estimated fair value of the deferred compensation liability is determined based upon the quoted market prices of the investment options that are offered under the plan. As of December 31, 2023 and September 30, 2023, the estimated fair value of foreign currency contracts is the amount that the Company would receive or pay to terminate the contracts, considering first the quoted market prices of comparable agreements or, in the absence of quoted market prices, factors such as interest rates, currency exchange rates, and remaining maturities. As of December 31, 2023 and September 30, 2023, the Company had no Level 1 financial assets or liabilities, other than pension plan assets, and no Level 3 financial assets or liabilities as of December 31, 2023 and September 30, 2023, respectively. As of December 31, 2023 and September 30, 2023, the fair market value of fixed rate long-term debt was $1,139.8 and $1,028.6, respectively, compared to its carrying value of $1,250.0 in each period. The estimated fair value of the long-term debt was estimated using yields obtained from independent pricing sources for similar types of borrowing arrangements. The estimated fair value of long-term debt, excluding the Company’s credit agreement, dated as of March 28, 2020, by and among, inter alia, the Company, the subsidiaries of the Company from time to time parties thereto, the lenders from time to time parties thereto, MUFG, as syndication agent, TD as joint lead arranger and BofA, as administrative agent and collateral agent (the "Revolving Credit Facility") , has been determined based on Level 2 inputs.

Segment Data

Segment Data	3 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Segment Data	Segment Data For an overview of the Company’s segments, refer to Note 1 of the Notes to Condensed Consolidated Financial Statements. Segment performance is evaluated based on segment profit, excluding certain U.S. GAAP items that management does not believe are indicative of ongoing operating performance due to their unusual or non-recurring nature and which may have a disproportionate positive or negative impact on the Company’s financial results in any particular period. Financial items, such as interest income and expense, are managed on a global basis at the corporate level and therefore are excluded from segment profit. The exclusion of such charges from segment results reflects management’s view on how management monitors and evaluates segment operating performance, generates future operating plans and makes strategic decisions regarding the allocation of capital. The Company’s operating model includes some shared business functions across the segments, including product warehousing and distribution, transaction processing functions and, in most cases, combined sales force and management teams. The Company applies a fully allocated cost basis in which shared business functions are allocated between the segments. Segment net sales and profitability are presented below: Three Months Ended 2023 2022 Net Sales Wet Shave $ 301.7 $ 275.3 Sun and Skin Care 115.4 112.9 Feminine Care 71.8 80.9 Total net sales $ 488.9 $ 469.1 Segment Profit Wet Shave $ 53.7 $ 35.7 Sun and Skin Care (1.3) 13.3 Feminine Care 7.3 11.9 Total segment profit 59.7 60.9 General corporate and other expenses (16.2) (15.9) Amortization of intangibles (7.8) (7.7) Interest and other expense, net (20.1) (14.9) Restructuring and related costs (1) (6.8) (2.8) Acquisition and integration costs (2) (0.7) (2.1) Sun Care reformulation costs (3) (0.5) (0.5) Wet Ones manufacturing plant fire (4) (1.5) — Other project costs (0.1) — Total earnings before income taxes $ 6.0 $ 17.0 (1) Includes pre-tax SG&A of nil and $0.1 for the three months ended December 31, 2023 and 2022, respectively. (2) Includes pre-tax SG&A of $0.7 and $2.1 for the three months ended December 31, 2023 and 2022, respectively, for the acquisition of Billie, Inc. on November 29, 2021. (3) Includes pre-tax R&D of $0.5 and $0.5 for the three months ended December 31, 2023 and 2022, respectively, related to the reformulation, recall and destruction of certain Sun Care products. (4) On December 1, 2023, a fire occurred at our Wet Ones manufacturing plant in Sidney, Ohio. There were no injuries reported and damage was limited to a single manufacturing process. As a consequence of the fire damage, there was a partial shutdown of the operations that manufacture Wet Ones raw materials. Through the three months ended December 31, 2023, the Company has incurred $1.5 in costs related to incremental material charges, labor and absorption as a result of the fire. The following table presents the Company’s net sales by geographic area: Three Months Ended 2023 2022 Net Sales to Customers United States $ 254.2 $ 271.8 International 234.7 197.3 Total net sales $ 488.9 $ 469.1 Supplemental product information is presented below for net sales: Three Months Ended 2023 2022 Razors and blades $ 270.5 $ 247.0 Tampons, pads, and liners 71.8 80.9 Sun care products 51.0 47.8 Grooming products 46.8 47.3 Wipes and other skin care 17.6 17.8 Shaving gels and creams 31.2 28.3 Total net sales $ 488.9 $ 469.1

Commitment and Contingencies

Commitment and Contingencies	3 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure	Commitments and Contingencies Legal Proceedings The Company and its subsidiaries are subject to a number of legal proceedings in various jurisdictions arising out of its operations during the ordinary course of business. Many of these legal matters are in preliminary stages and involve complex issues of law and fact and may proceed for protracted periods of time. The amount of liability, if any, from these proceedings cannot be determined with certainty. The Company reviews its legal proceedings and claims, regulatory reviews and inspections and other legal proceedings on an ongoing basis and follows appropriate accounting guidance when making accrual and disclosure decisions. The Company establishes accruals for those contingencies when the incurrence of a loss is probable and can be reasonably estimated and discloses the amount accrued and the amount of a reasonably possible loss in excess of the amount accrued if such disclosure is necessary for its financial statements to not be misleading. The Company does not record liabilities when the likelihood that the liability has been incurred is probable, but the amount cannot be reasonably estimated. Based upon present information, the Company believes that its liability, if any, arising from such pending legal proceedings, asserted legal claims, and known potential legal claims which are likely to be asserted, is not reasonably likely to be material to its financial position, results of operations or cash flows, when taking into account established accruals for estimated liabilities.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net earnings	$ 4.8	$ 12.4

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false

Organization, Consolidation and

Organization, Consolidation and Presentation of Financial Statements (Policies)	3 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Description and Basis of Presentation	Edgewell Personal Care Company and its subsidiaries (collectively, “Edgewell” or the “Company”) is one of the world’s largest manufacturers and marketers of personal care products in the wet shave, sun and skin care, and feminine care categories. With operations in over 20 countries, the Company’s products are widely available in more than 50 countries. The Company conducts its business in the following three segments: • Wet Shave consists of products sold under the Schick®, Wilkinson Sword®, Edge, Skintimate®, Billie®, Shave Guard and our custom brands group (formerly sold under our Shave Guard and Personna® brands), as well as non-branded products. The Company’s wet shave products include razor handles and refillable blades, disposable shave products, and shaving gels and creams. • Sun and Skin Care consists of Banana Boat® and Hawaiian Tropic® sun care products, Jack Black®, Bulldog® and Cremo® men’s grooming products, Billie women’s grooming products and Wet Ones® products. • Feminine Care includes tampons, pads and liners sold under the Playtex Gentle Glide® and Sport®, Stayfree®, Carefree®, and o.b.® brands.
Basis of Accounting, Policy	Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements include the accounts of the Company and its controlled subsidiaries and have been prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) under the rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). The preparation of the unaudited Condensed Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities, disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses. Actual results may differ materially from those estimates. All intercompany balances and transactions have been eliminated in consolidation and, in the opinion of management, all normal recurring adjustments considered necessary for a fair statement have been included in the interim results reported. The fiscal year-end balance sheet data was derived from audited consolidated financial statements, but do not include all of the annual disclosures required by GAAP; accordingly, these unaudited Condensed Consolidated Financial Statements should be read in conjunction with the Company’s audited annual consolidated financial statements included in its Annual Report on Form 10-K filed with the SEC on November 28, 2023. Recently Issued Accounting Pronouncements In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures to update income tax disclosure requirements primarily by requiring specific categories and greater disaggregation within the rate reconciliation and disaggregation of income taxes paid by jurisdiction. The amendments in the ASU also remove disclosures related to certain unrecognized tax benefits and deferred taxes. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024. The amendments may be applied prospectively or retrospectively with early adoption is permitted. We are currently assessing the impact of the requirements on our consolidated financial statements and disclosures. In November 2023, the FASB issued ASU No. 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures to expand reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments in the ASU require that a public entity disclose, on an annual and interim basis, significant segment expenses that are regularly provided to an entity's chief operating decision maker (“CODM”), a description of other segment items by reportable segment, and any additional measures of a segment's profit or loss used by the CODM when deciding how to allocate resources. Annual disclosures are required for fiscal years beginning after December 15, 2023. Interim disclosures are required for periods within fiscal years beginning after December 15, 2024. Retrospective application is required for all prior periods presented with early adoption is permitted. We are currently assessing the impact of the requirements on our consolidated financial statements and disclosures. Recently Adopted Accounting Pronouncements In September 2022, the Financial Accounting Standards Board issued Accounting Standards Update 2022-04, " Liabilities - Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations " which requires that a buyer in a supplier finance program disclose additional information about the program for financial statement users including a rollforward of those obligations. The Company adopted the standard as of October 1, 2023, except for amendments relating to the rollforward requirement, which is effective for fiscal years beginning after December 15, 2023.
Comparability of Prior Year Financial Data, Policy	Revision of Previously Issued Consolidated Financial Statements As previously disclosed in the Company’s 2023 Annual Report on Form 10-K filed with the SEC on November 28, 2023, the Company evaluated aged accrued expenditures related to goods received but not yet invoiced by certain of its vendors (“GRNI”). Based upon an assessment, including evaluating the expiry of the applicable statute of limitations of the accrued expenditures, the Company concluded that $8.5 of aged accrued GRNI originating in years 2014 through 2018 were no longer required to be reflected as accounts payable on the Consolidated Balance Sheet as of September 30, 2023 and should have been reversed in prior fiscal years. The Company concluded that the misstatements were not material, either individually or in the aggregate, to its previously issued consolidated financial statements. To correct the immaterial misstatements, the Company has revised the Consolidated Statements of Earnings and Comprehensive Income, Consolidated Statements of Cash Flows, and Consolidated Statements of Changes in Shareholders' Equity for the three months ended December 31, 2022 as well as the associated Notes to the Condensed Consolidated Financial Statements to reflect the corrections of these immaterial misstatements as of and for the three months ended December 31, 2022. There were no changes to previously issued total cash flows generated from (used by) operating, investing, or financing activities for three months ended December 31, 2022. The following table reflects the revisions to the previously issued Consolidated Statements of Earnings and Comprehensive Income for the three months ended December 31, 2022: As Previously Reported Adjustment As Revised Net sales $ 469.1 $ — $ 469.1 Cost of products sold 280.1 (0.6) 279.5 Gross profit 189.0 0.6 189.6 Operating income 31.3 0.6 31.9 Earnings before income taxes 16.4 0.6 17.0 Income tax provision 4.5 0.1 4.6 Net earnings 11.9 0.5 12.4 Earnings per share: Basic net earnings per share $ 0.23 $ 0.01 $ 0.24 Dilutive net earnings per share 0.23 0.01 0.24 Total comprehensive income 51.5 0.5 52.0 The following table reflects the revisions to the previously issued Consolidated Statements of Cash Flows for the period ended December 31, 2022. As Previously Reported Adjustment As Revised Net earnings $ 11.9 $ 0.5 $ 12.4 Changes in operating assets and liabilities (126.0) (0.5) (126.5)

Restructuring Charges (Tables)

Restructuring Charges (Tables)	3 Months Ended
	Dec. 31, 2023
Restructuring Charges [Abstract]
Schedule of Charges Related to Restructuring Activities	Three Months Ended December 31, 2023 2022 Severance and related costs $ 3.9 $ 0.9 Asset write-off and accelerated depreciation 0.1 — Consulting, project implementation and management, and other exit costs 2.8 1.9 Total restructuring and related costs (1) $ 6.8 $ 2.8 (1) Restructuring and related costs of nil and $0.1 are included

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Schedule of Weighted-Average Shares Outstanding	The following is the reconciliation between the number of weighted-average shares used in the basic and diluted earnings per share calculation: Three Months Ended 2023 2022 Basic weighted-average shares outstanding 50.1 51.6 Effect of dilutive securities: Options, RSE and PRSE awards 0.4 0.3 Total dilutive securities 0.4 0.3 Diluted weighted-average shares outstanding 50.5 51.9
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following weighted-average common shares were excluded from the calculation of diluted earnings per share because the effect of including these awards was antidilutive. Three Months Ended 2023 2022 Option awards 1.3 1.0 RSE and PRSE awards 0.6 0.6

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table sets forth goodwill by segment: Wet Sun and Skin Feminine Total Gross balance as of September 30, 2023 $ 1,140.5 $ 355.9 $ 206.0 $ 1,702.4 Accumulated goodwill impairment (369.0) (2.0) — (371.0) Net balance as of September 30, 2023 $ 771.5 $ 353.9 $ 206.0 $ 1,331.4 Changes in the three months ended December 31, 2023 Cumulative translation adjustment 4.0 0.7 1.0 5.7 Gross balance as of December 31, 2023 $ 1,144.5 $ 356.6 $ 207.0 $ 1,708.1 Accumulated goodwill impairment (369.0) (2.0) — (371.0) Net balance as of December 31, 2023 $ 775.5 $ 354.6 $ 207.0 $ 1,337.1
Schedule of Amortizable Intangible Assets	The following table sets forth intangible assets by class: December 31, 2023 September 30, 2023 Carrying Accumulated Net Carrying Accumulated Net Indefinite lived Trade names and brands $ 596.4 $ — $ 596.4 $ 592.9 $ — $ 592.9 Amortizable Trade names and brands $ 339.8 $ 92.2 $ 247.6 $ 339.6 $ 88.1 $ 251.5 Technology and patents 79.7 76.7 3.0 79.4 76.2 3.2 Customer related and other 271.4 148.3 123.1 269.8 143.6 126.2 Amortizable intangible assets 690.9 317.2 373.7 688.8 307.9 380.9 Total intangible assets $ 1,287.3 $ 317.2 $ 970.1 $ 1,281.7 $ 307.9 $ 973.8 Amortization expense was $7.8 and $7.7 for the three months ended December 31, 2023 and 2022, respectively. Estimated amortization expense for amortizable intangible assets is as follows: Estimated amortization expense Remainder of fiscal year 2024 23.3 2025 31.1 2026 30.7 2027 30.5 2028 30.4 2029 30.4 Thereafter 197.3

Supplemental Balance Sheet In_2

Supplemental Balance Sheet Information (Tables)	3 Months Ended
	Dec. 31, 2023
Supplemental Balance Sheet Information [Abstract]
Supplement Balance Sheet Information	December 31, September 30, Inventories Raw materials and supplies $ 94.1 $ 86.3 Work in process 92.2 91.1 Finished products 335.6 315.0 Total inventories $ 521.9 $ 492.4 Other Current Assets Prepaid expenses $ 82.5 $ 72.5 Value added tax receivables 39.8 43.7 Income taxes receivable 25.1 18.9 Other 9.5 12.3 Total other current assets $ 156.9 $ 147.4 Property, Plant and Equipment Land $ 18.8 $ 18.5 Buildings 144.9 142.6 Machinery and equipment 1,117.8 1,105.3 Capitalized software costs 61.4 60.2 Construction in progress 41.2 38.5 Total gross property, plant and equipment 1,384.1 1,365.1 Accumulated depreciation and amortization (1,050.6) (1,027.2) Total property, plant and equipment, net $ 333.5 $ 337.9 Other Current Liabilities Accrued advertising and sales promotion $ 38.1 $ 31.5 Accrued trade allowances 27.0 29.8 Accrued salaries, vacations and incentive compensation 34.2 65.4 Income taxes payable 6.5 11.9 Returns reserve 36.1 53.5 Accrued interest 9.8 25.0 Other 94.3 92.4 Total other current liabilities $ 246.0 $ 309.5 Other Liabilities Pensions and other retirement benefits $ 59.6 $ 58.2 Other 124.9 121.5 Total other liabilities $ 184.5 $ 179.7

Debt (Tables)

Debt (Tables)	3 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Schedule of Long-term Debt	The detail of long-term debt was as follows: December 31, September 30, Senior notes, fixed interest rate of 5.5%, due 2028 $ 750.0 $ 750.0 Senior notes, fixed interest rate of 4.1%, due 2029 500.0 500.0 U.S. revolving credit facility (1) 213.0 122.0 Total 1,463.0 1,372.0 Less unamortized debt issuance costs and discount (2) 10.7 11.3 Total long-term debt $ 1,452.3 $ 1,360.7 (1) The U.S. revolving credit facility matures in April 2025. (2) As of December 31, 2023, the balance for the Senior Notes due 2028 and the Senior Notes due 2029 are reflected net of debt issuance costs of $6.5 and $4.2, respectively. As of September 30, 2023, the balance for the Senior Notes due 2028 and the Senior Notes due 2029 are reflected net of debt issuance costs of $6.9 and $4.4, respectively.

Retirement Plans (Tables)

Retirement Plans (Tables)	3 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
Schedule of Net Periodic Pension and Postretirement Cost (Benefit)	The Company’s net periodic pension and postretirement costs for its material plans were as follows: Three Months Ended 2023 2022 Service cost $ 0.5 $ 0.5 Interest cost 5.3 5.2 Expected return on plan assets (4.9) (5.4) Recognized net actuarial loss 0.4 0.4 Net periodic cost $ 1.3 $ 0.7

Equity (Tables)

Equity (Tables)	3 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Dividends Declared	Dividends Dividend activity in the three months ended December 31, 2023 are as follows: Date Declared Record Date Payable Date Amount Per Share August 1, 2023 September 7, 2023 October 4, 2023 $ 0.15 November 2, 2023 December 6, 2023 January 4, 2024 $ 0.15

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Loss	The following table presents the changes in AOCI, net of tax, by component: Foreign Pension and Hedging Total Balance as of October 1, 2023 $ (86.9) $ (86.0) $ 2.9 $ (170.0) Other comprehensive income (loss), net of tax 27.0 (0.4) (2.3) 24.3 Reclassifications to earnings — 0.3 (1.1) (0.8) Balance as of December 31, 2023 $ (59.9) $ (86.1) $ (0.5) $ (146.5) Foreign Pension and Hedging Total Balance as of October 1, 2022 $ (131.2) $ (92.6) $ 7.7 $ (216.1) Other comprehensive (loss) income, net of tax 48.0 (0.5) (4.8) 42.7 Reclassifications to earnings — 0.3 (3.4) (3.1) Balance as of December 31, 2022 $ (83.2) $ (92.8) $ (0.5) $ (176.5)
Schedule of Reclassifications out of Accumulated Other Comprehensive Loss	The following table presents the reclassifications out of AOCI: Three Months Ended Affected Line Item in the Details of AOCI Components 2023 2022 Gain on cash flow hedges Foreign exchange contracts $ 1.6 $ 5.0 Other expense (income), net Income tax expense 0.5 1.6 Income tax provision 1.1 3.4 Amortization of defined benefit pension and postretirement items Actuarial losses (1) $ (0.4) $ (0.4) Income tax (benefit) (0.1) (0.1) Income tax provision (0.3) (0.3) Total reclassifications for the period $ 0.8 $ 3.1 (1) These AOCI components are included in the computation of net periodic cost. See Note 9 of Notes to Condensed Consolidated Financial Statements.

Financial Instruments and Ris_2

Financial Instruments and Risk Management (Tables)	3 Months Ended
	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Values of Derivative Instruments	The following table provides estimated fair values of derivative instruments: Fair Value of Assets (Liabilities) as of (1) December 31, September 30, Derivatives designated as cash flow hedging relationships: Foreign currency contracts $ (0.6) $ 4.4 Derivatives not designated as cash flow hedging relationships: Foreign currency contracts $ (1.2) $ 0.9 (1) Derivative assets are presented in Other current assets or Other assets. Derivative liabilities are presented in Other current liabilities or Other liabilities.
Schedule of Gains and Losses on Derivative Instruments	The following table provides the pre-tax amounts of gains and losses on derivative instruments: Three Months Ended 2023 2022 Derivatives designated as cash flow hedging relationships: Foreign currency contracts Gain (loss) recognized in OCI (1) $ 1.1 $ (7.1) Gain reclassified from AOCI into income (1) (2) 1.6 4.9 Derivatives not designated as cash flow hedging relationships: Foreign currency contracts Loss recognized in income (2) $ 1.1 $ 2.7 (1) Each of these derivative instruments had a high correlation to the underlying exposure being hedged for the periods indicated and have been deemed highly effective by the Company in offsetting associated risk. (2)
Schedule of Offsetting Assets and Liabilities	The following table provides financial assets and liabilities for balance sheet offsetting: As of December 31, 2023 As of September 30, 2023 Assets (1) Liabilities (2) Assets (1) Liabilities (2) Foreign currency contracts Gross amounts of recognized assets (liabilities) $ 1.2 $ (0.3) $ 6.1 $ (0.7) Gross amounts offset in the balance sheet (2.8) 0.1 (0.2) 0.4 Net amounts of assets (liabilities) presented in the balance sheet $ (1.6) $ (0.2) $ 5.9 $ (0.3) (1) All derivative assets are presented in Other current assets or Other assets. (2) All derivative liabilities are presented in Other current liabilities or Other liabilities.
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis	The following table sets forth the Company’s financial assets and liabilities, which are carried at fair value and measured on a recurring basis during the period, all of which are classified as Level 2 within the fair value hierarchy: December 31, September 30, Assets (Liabilities) at estimated fair value: Deferred compensation liability $ (20.7) $ (19.4) Derivatives - foreign currency contracts (liability) asset (1.8) 5.6 Net assets (liabilities) at estimated fair value $ (22.5) $ (13.8)

Segment Data (Tables)

Segment Data (Tables)	3 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Schedule of Segment Sales and Profitability	Segment net sales and profitability are presented below: Three Months Ended 2023 2022 Net Sales Wet Shave $ 301.7 $ 275.3 Sun and Skin Care 115.4 112.9 Feminine Care 71.8 80.9 Total net sales $ 488.9 $ 469.1 Segment Profit Wet Shave $ 53.7 $ 35.7 Sun and Skin Care (1.3) 13.3 Feminine Care 7.3 11.9 Total segment profit 59.7 60.9 General corporate and other expenses (16.2) (15.9) Amortization of intangibles (7.8) (7.7) Interest and other expense, net (20.1) (14.9) Restructuring and related costs (1) (6.8) (2.8) Acquisition and integration costs (2) (0.7) (2.1) Sun Care reformulation costs (3) (0.5) (0.5) Wet Ones manufacturing plant fire (4) (1.5) — Other project costs (0.1) — Total earnings before income taxes $ 6.0 $ 17.0 (1) Includes pre-tax SG&A of nil and $0.1 for the three months ended December 31, 2023 and 2022, respectively. (2) Includes pre-tax SG&A of $0.7 and $2.1 for the three months ended December 31, 2023 and 2022, respectively, for the acquisition of Billie, Inc. on November 29, 2021. (3) Includes pre-tax R&D of $0.5 and $0.5 for the three months ended December 31, 2023 and 2022, respectively, related to the reformulation, recall and destruction of certain Sun Care products. (4) On December 1, 2023, a fire occurred at our Wet Ones manufacturing plant in Sidney, Ohio. There were no injuries reported and damage was limited to a single manufacturing process. As a consequence of the fire damage, there was a partial shutdown of the operations that manufacture Wet Ones raw materials. Through the three months ended December 31, 2023, the Company has incurred $1.5 in costs related to incremental material charges, labor and absorption as a result of the fire.
Schedule of Sales by Geographic Area	The following table presents the Company’s net sales by geographic area: Three Months Ended 2023 2022 Net Sales to Customers United States $ 254.2 $ 271.8 International 234.7 197.3 Total net sales $ 488.9 $ 469.1
Schedule of Supplemental Product Information	Supplemental product information is presented below for net sales: Three Months Ended 2023 2022 Razors and blades $ 270.5 $ 247.0 Tampons, pads, and liners 71.8 80.9 Sun care products 51.0 47.8 Grooming products 46.8 47.3 Wipes and other skin care 17.6 17.8 Shaving gels and creams 31.2 28.3 Total net sales $ 488.9 $ 469.1

Background and Basis of Prese_2

Background and Basis of Presentation (Details)	3 Months Ended
	Dec. 31, 2023 USD ($) country $ / shares	Dec. 31, 2022 USD ($) $ / shares	Sep. 30, 2023 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of countries in which Edgewell operates | country	20
Number of countries with retail operations | country	50
Repayments of Revolving Credit Facility	$ 125,000,000	$ 141,000,000
Number of Reportable Segments | country	3
Cost of products sold	$ 291,200,000	279,500,000
Segment profit	26,100,000	31,900,000
Earnings before income taxes	6,000,000	17,000,000
Income tax provision	1,200,000	4,600,000
Net earnings	$ 4,800,000	$ 12,400,000
Basic net earnings per share | $ / shares	$ 0.10	$ 0.24
Diluted net earnings per share | $ / shares	$ 0.09	$ 0.24
Gross Profit	$ 197,700,000	$ 189,600,000
Net sales	488,900,000	469,100,000
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	28,300,000	52,000,000
Supplier Finance Program, Obligation	24		$ 21.8
Accounts Payable, Current	(197,500,000)		(194,400,000)
Other, net	$ (106,100,000)	(126,500,000)
Restatement Adjustment
Cost of products sold		(600,000)
Segment profit		600,000
Earnings before income taxes		600,000
Income tax provision		100,000
Net earnings		$ 500,000
Basic net earnings per share | $ / shares		$ 0.01
Diluted net earnings per share | $ / shares		$ 0.01
Gross Profit		$ 600,000
Net sales		0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent		500,000
Accounts Payable, Current			$ 8,500,000
Other, net		(500,000)
Previously Reported
Cost of products sold		280,100,000
Segment profit		31,300,000
Earnings before income taxes		16,400,000
Income tax provision		4,500,000
Net earnings		$ 11,900,000
Basic net earnings per share | $ / shares		$ 0.23
Diluted net earnings per share | $ / shares		$ 0.23
Gross Profit		$ 189,000,000
Net sales		469,100,000
Comprehensive Income (Loss), Net of Tax, Attributable to Parent		51,500,000
Other, net		$ (126,000,000)

Restructuring Charges (Schedule

Restructuring Charges (Schedule of Charges Related to Restructuring Activities) (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Sep. 30, 2023
Restructuring Cost and Reserve [Line Items]
Severance Costs	$ 3.9	$ 0.9
Other Restructuring Costs	2.8	1.9
Restructuring and related costs	6.8	2.8
Restructuring Reserve	3.7		$ 4.6
Asset Impairment and Accelerated Depreciation	$ 0.1	$ 0

Restructuring Charges (Schedu_2

Restructuring Charges (Schedule of Restructuring Activities and Related Accruals) (Details) - USD ($)	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Restructuring Reserve [Roll Forward]
Beginning Balance	$ 4,600,000
Restructuring and related costs	6,800,000	$ 2,800,000
Utilized - Cash Payments	(7,700,000)
Ending Balance	3,700,000
Restructuring and Related Cost, Expected Cost	19
Employee Severance [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	3,900,000
Restructuring and related costs	4,000,000
Utilized - Cash Payments	(4,200,000)
Ending Balance	3,700,000
Other Restructuring [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	700,000
Restructuring and related costs	2,800,000
Utilized - Cash Payments	(3,500,000)
Ending Balance	$ 0

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income tax provision	$ 1.2	$ 4.6
Earnings before income taxes	$ 6	$ 17
Effective tax rate	20.10%	27%

Earnings per Share (Schedule of

Earnings per Share (Schedule of Weighted-Average Shares Outstanding) (Details) - shares shares in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule Of Weighted Average Number Of Shares [Line Items]
Basic weighted-average shares outstanding (in shares)	50.1	51.6
Effect of dilutive securities (in shares)	0.4	0.3
Diluted weighted-average shares outstanding (in shares)	50.5	51.9
RSE and PRSE awards
Schedule Of Weighted Average Number Of Shares [Line Items]
Effect of dilutive securities (in shares)	0.4	0.3
Share options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive awards excluded from the calculation of diluted weighted-average shares outstanding (in shares)	1.3	1
RSE and PRSE awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive awards excluded from the calculation of diluted weighted-average shares outstanding (in shares)	0.6	0.6

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Schedule of Goodwill) (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Sep. 30, 2023
Goodwill [Line Items]
Goodwill, Gross	$ 1,708.1	$ 1,702.4
Accumulated goodwill impairment loss	371	371
Goodwill [Roll Forward]
Beginning balance	1,331.4
Cumulative translation adjustment	(5.7)
Ending balance	1,337.1
Wet Shave
Goodwill [Line Items]
Goodwill, Gross	1,144.5	1,140.5
Accumulated goodwill impairment loss	369	369
Goodwill [Roll Forward]
Beginning balance	771.5
Cumulative translation adjustment	(4)
Ending balance	775.5
Sun and Skin Care
Goodwill [Line Items]
Goodwill, Gross	356.6	355.9
Accumulated goodwill impairment loss	2	2
Goodwill [Roll Forward]
Beginning balance	353.9
Cumulative translation adjustment	(0.7)
Ending balance	354.6
Feminine Care
Goodwill [Line Items]
Goodwill, Gross	207	206
Accumulated goodwill impairment loss	0	$ 0
Goodwill [Roll Forward]
Beginning balance	206
Cumulative translation adjustment	(1)
Ending balance	$ 207

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Schedule of Amortizable Intangible Assets) (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Sep. 30, 2023
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, gross carrying amount	$ 690.9		$ 688.8
Amortizable intangible assets, accumulated amortization	317.2		307.9
Amortizable intangible assets, net	373.7		380.9
Other intangible assets, net	970.1		973.8
Intangible Assets, Gross (Excluding Goodwill)	1,287.3		1,281.7
Amortization of intangibles	7.8	$ 7.7
Amortizable intangible assets, amortization expense, remainder of 2023	23.3
Amortizable intangible assets, amortization expense, fiscal 2024	31.1
Amortizable intangible assets, amortization expense, fiscal 2025	30.7
Amortizable intangible assets, amortization expense, fiscal 2026	30.5
Amortizable intangible assets, amortization expense, fiscal 2027	30.4
Amortizable intangible assets, amortization expense, fiscal 2028	30.4
Amortizable intangible assets, amortization expense, after fiscal 2028	197.3
Indefinite-lived intangible assets	596.4		592.9
Trade names and brands
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, gross carrying amount	339.8		339.6
Amortizable intangible assets, accumulated amortization	92.2		88.1
Amortizable intangible assets, net	247.6		251.5
Technology and patents
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, gross carrying amount	79.7		79.4
Amortizable intangible assets, accumulated amortization	76.7		76.2
Amortizable intangible assets, net	3		3.2
Customer related and other
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, gross carrying amount	271.4		269.8
Amortizable intangible assets, accumulated amortization	148.3		143.6
Amortizable intangible assets, net	$ 123.1		$ 126.2

Supplemental Balance Sheet In_3

Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions	Dec. 31, 2023	Sep. 30, 2023
Inventories
Raw materials and supplies	$ 94.1	$ 86.3
Work in process	92.2	91.1
Finished products	335.6	315
Total inventories	521.9	492.4
Other Current Assets
Prepaid expenses	82.5	72.5
Value added tax receivables	39.8	43.7
Income taxes receivable	25.1	18.9
Other	9.5	12.3
Total other current assets	156.9	147.4
Property, Plant and Equipment
Land	18.8	18.5
Buildings	144.9	142.6
Machinery and equipment	1,117.8	1,105.3
Capitalized software costs	61.4	60.2
Construction in progress	41.2	38.5
Total gross property, plant and equipment	1,384.1	1,365.1
Accumulated depreciation and amortization	(1,050.6)	(1,027.2)
Total property, plant and equipment, net	333.5	337.9
Other Current Liabilities
Accrued advertising and sales promotion	38.1	31.5
Accrued trade allowances	27	29.8
Accrued salaries, vacations and incentive compensation	34.2	65.4
Income taxes payable	6.5	11.9
Returns reserve	36.1	53.5
Accrued interest	9.8	25
Other	94.3	92.4
Total other current liabilities	246	309.5
Other Liabilities
Pensions and other retirement benefits	59.6	58.2
Other	124.9	121.5
Total other liabilities	$ 184.5	$ 179.7

Accounts Receivable Facility (N

Accounts Receivable Facility (Narrative) (Details) - Accounts receivable sales agreement - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Sep. 30, 2023
Transfer of Financial Assets Accounted for as Sales [Line Items]
Accounts receivable sold through AR Facility	$ 216.1	$ 212.1
Transfer of accounts receivable, sales amount derecognized	82.4		$ 82.1
Loss on sale of accounts receivable	$ 1.2	$ 0.9

Debt (Details)

Debt (Details) - USD ($) $ in Millions	Dec. 31, 2023		Sep. 30, 2023
Debt Instrument [Line Items]
Total	$ 1,463		$ 1,372
Long-term debt	1,452.3		1,360.7
Notes payable	24.2		19.5
Unamortized debt issuance costs	10.7	[1]	11.3
Senior notes | Senior Notes, Due 2028
Debt Instrument [Line Items]
Total	750		750
Unamortized debt issuance costs	6.5		6.9
Senior notes | Senior Notes, Due 2029
Debt Instrument [Line Items]
Total	500		500
Unamortized debt issuance costs	4.2		4.4
Revolving credit facility
Debt Instrument [Line Items]
Total	$ 213	[2]	$ 122
[1] As of December 31, 2023, the balance for the Senior Notes due 2028 and the Senior Notes due 2029 are reflected net of debt issuance costs of $6.5 and $4.2, respectively. As of September 30, 2023, the balance for the Senior Notes due 2028 and the Senior Notes due 2029 are reflected net of debt issuance costs of $6.9 and $4.4, respectively. The U.S. revolving credit facility matures in April 2025.

Retirement Plans (Details)

Retirement Plans (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Retirement Benefits [Abstract]
Service cost	$ 0.5	$ 0.5
Interest cost	5.3	5.2
Expected return on plan assets	(4.9)	(5.4)
Recognized net actuarial loss	0.4	0.4
Net periodic cost	$ 1.3	$ 0.7

Equity (Details)

Equity (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended
	Feb. 01, 2024	Dec. 31, 2023	Dec. 31, 2022	Jan. 26, 2018
Equity [Abstract]
Share repurchase authorization				10
Treasury shares repurchased (in shares)		0.4
Treasury shares repurchased (in usd)		$ 15.5	$ 15
Share repurchase authorization, remaining		4.2
Dividends declared		$ 7.6
Dividends to common shareholders		7.6	$ 8.3
us-gaap_TreasuryStockValueAcquiredCostMethodlessexcisetax		$ 15
Subsequent Event
Equity [Abstract]
Dividends declared (per share)	$ 0.15
Dividends declared (per share)	$ 0.15

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Schedule of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ (170)	$ (216.1)
OCI before reclassifications	24.3	42.7
Reclassifications to earnings	(0.8)	(3.1)
Ending balance	(146.5)	(176.5)
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(86.9)	(131.2)
OCI before reclassifications	27	48
Reclassifications to earnings	0	0
Ending balance	(59.9)	(83.2)
Pension and Post-retirement Activity
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(86)	(92.6)
OCI before reclassifications	(0.4)	(0.5)
Reclassifications to earnings	0.3	0.3
Ending balance	(86.1)	(92.8)
Hedging Activity
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	2.9	7.7
OCI before reclassifications	(2.3)	(4.8)
Reclassifications to earnings	(1.1)	(3.4)
Ending balance	$ (0.5)	$ (0.5)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss (Schedule of Reclassifications out of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Millions		3 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassifications to earnings		$ 0.8	$ 3.1
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
OCI Cash flow hedges reclass to earnings, before tax		1.6	5
OCI Cash flow hedge, reclassification to earnings, tax		0.5	1.6
Other comprehensive income, reclassification to earnings, cash flow hedges, after tax		1.1	3.4
Amortization of defined benefit pension and postretirement items, actuarial losses, before tax	[1]	(0.4)	(0.4)
Amortization of defined benefit pension and postretirement items, tax		(0.1)	(0.1)
Amortization of defined benefit pension and postretirement items, after tax		(0.3)	(0.3)
Reclassifications to earnings		$ 0.8	$ 3.1
[1] These AOCI components are included in the computation of net periodic cost. See Note 9 of Notes to Condensed Consolidated Financial Statements.

Financial Instruments and Ris_3

Financial Instruments and Risk Management (Narrative) (Details) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2023 USD ($) contracts	Sep. 30, 2023 USD ($)
Derivative [Line Items]
Long-term debt	$ 1,463	$ 1,372
Fixed rate
Derivative [Line Items]
Long-term debt	1,250	1,250
Fair value of long-term debt	$ 1,139.8	1,028.6
Not designated as hedge | FX contract
Derivative [Line Items]
Open foreign currency contracts | contracts	3
Derivative, notional amount	$ 27
Cash flow hedge | Designated as hedge | FX contract
Derivative [Line Items]
Open foreign currency contracts | contracts	64
Derivative, notional amount	$ 99.9
Gain (loss) recognized in OCI	$ 0.6	$ 4.4

Financial Instruments and Ris_4

Financial Instruments and Risk Management (Schedule of Fair Values of Derivative Instruments) (Details) - FX contract - USD ($) $ in Millions		Dec. 31, 2023	Sep. 30, 2023
Not designated as hedge
Derivatives, Fair Value [Line Items]
Estimated fair value of derivatives	[1]	$ (1.2)	$ 0.9
Cash flow hedge | Designated as hedge
Derivatives, Fair Value [Line Items]
Estimated fair value of derivatives	[1]	$ (0.6)	$ 4.4
[1]erivative assets are presented in Other current assets or Other assets. Derivative liabilities are presented in Other current liabilities or Other liabilities.

Financial Instruments and Ris_5

Financial Instruments and Risk Management (Schedule of Gains and Losses on Derivative Instruments) (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Sep. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]	Nonoperating Income (Expense)	Nonoperating Income (Expense)
FX contract | Designated as hedge | Cash flow hedge
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in OCI	$ 0.6		$ 4.4
Unrealized Gain (Loss) on Interest Rate Cash Flow Hedges, Pretax, Accumulated Other Comprehensive Income (Loss)	$ 1.1	$ (7.1)
FX contract | Not designated as hedge | Other expense (income), net
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]

Financial Instruments and Ris_6

Financial Instruments and Risk Management (Schedule of Offsetting Assets and Liabilities) (Details) - FX contract - USD ($) $ in Millions	Dec. 31, 2023	Sep. 30, 2023
Derivative [Line Items]
Gross amounts of recognized assets	$ 1.2	$ 6.1
Gross amounts of recognized liabilities	(0.3)	(0.7)
Gross amounts offset in the balance sheet	(2.8)	(0.2)
Gross amounts offset in the balance sheet	0.1	0.4
Net amounts of assets presented in the balance sheet	(1.6)	5.9
Net amounts of liabilities presented in the balance sheet	$ (0.2)	$ (0.3)

Financial Instruments and Ris_7

Financial Instruments and Risk Management (Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis) (Details) - Recurring fair value measurement - Level 2 - USD ($) $ in Millions	Dec. 31, 2023	Sep. 30, 2023
Derivative [Line Items]
Deferred compensation liability	$ (20.7)	$ (19.4)
Derivatives - foreign currency contracts (liability) asset	(1.8)	5.6
Net assets (liabilities) at estimated fair value	$ (22.5)	$ (13.8)

Segment Data (Schedule of Segme

Segment Data (Schedule of Segment Sales and Profitability) (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net sales	$ 488.9	$ 469.1
Segment profit	26.1	31.9
Acquisition and integration costs	0.7	2.1
Sun Care reformulation costs	0.5	0.5
Wet Ones manufacturing plant fire	(1.5)	0
Other project costs	(0.1)	0
Amortization of intangibles	7.8	7.7
Interest and other expense, net	20.1	14.9
Restructuring Charges, Including Amounts in Selling, General and Administrative Expenses	(6.8)	(2.8)
Earnings before income taxes	6	17
Wet Shave
Segment Reporting Information [Line Items]
Net sales	301.7	275.3
Segment profit	53.7	35.7
Sun and Skin Care
Segment Reporting Information [Line Items]
Net sales	115.4	112.9
Segment profit	(1.3)	13.3
Feminine Care
Segment Reporting Information [Line Items]
Net sales	71.8	80.9
Segment profit	7.3	11.9
Total Segments
Segment Reporting Information [Line Items]
Segment profit	59.7	60.9
Corporate
Segment Reporting Information [Line Items]
General corporate and other expenses	$ 16.2	$ 15.9

Segment Data Segment Data (Sche

Segment Data Segment Data (Schedule of Sales by Geographical Area) (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue from External Customer [Line Items]
Net sales	$ 488.9	$ 469.1
United States
Revenue from External Customer [Line Items]
Net sales	254.2	271.8
International
Revenue from External Customer [Line Items]
Net sales	$ 234.7	$ 197.3

Segment Data (Schedule of Suppl

Segment Data (Schedule of Supplemental Product Information) (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue from External Customer [Line Items]
Net sales	$ 488.9	$ 469.1
Razors and blades
Revenue from External Customer [Line Items]
Net sales	270.5	247
Tampons, pads and liners
Revenue from External Customer [Line Items]
Net sales	71.8	80.9
Sun care products
Revenue from External Customer [Line Items]
Net sales	51	47.8
Grooming products
Revenue from External Customer [Line Items]
Net sales	46.8	47.3
Wipes and other skin care products
Revenue from External Customer [Line Items]
Net sales	17.6	17.8
Shaving gels and creams
Revenue from External Customer [Line Items]
Net sales	$ 31.2	$ 28.3

Commitment and Contingencies (D

Commitment and Contingencies (Details)	3 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure	Commitments and Contingencies Legal Proceedings The Company and its subsidiaries are subject to a number of legal proceedings in various jurisdictions arising out of its operations during the ordinary course of business. Many of these legal matters are in preliminary stages and involve complex issues of law and fact and may proceed for protracted periods of time. The amount of liability, if any, from these proceedings cannot be determined with certainty. The Company reviews its legal proceedings and claims, regulatory reviews and inspections and other legal proceedings on an ongoing basis and follows appropriate accounting guidance when making accrual and disclosure decisions. The Company establishes accruals for those contingencies when the incurrence of a loss is probable and can be reasonably estimated and discloses the amount accrued and the amount of a reasonably possible loss in excess of the amount accrued if such disclosure is necessary for its financial statements to not be misleading. The Company does not record liabilities when the likelihood that the liability has been incurred is probable, but the amount cannot be reasonably estimated. Based upon present information, the Company believes that its liability, if any, arising from such pending legal proceedings, asserted legal claims, and known potential legal claims which are likely to be asserted, is not reasonably likely to be material to its financial position, results of operations or cash flows, when taking into account established accruals for estimated liabilities.