Quarterly report pursuant to Section 13 or 15(d)

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information
9 Months Ended
Jun. 30, 2020
Balance Sheet Related Disclosures [Abstract]  
Supplemental Balance Sheet Information Supplemental Consolidated Balance Sheet Information
June 30,
September 30,
Trade accounts receivable reserves $ 22.3    $ 22.8   
Accumulated depreciation on property, plant, and equipment $ 341.9    $ 309.0   
Inventories, net:    
Finished goods $ 178.5    $ 60.3   
Raw materials and components 146.0    72.3   
Work in process 99.8    44.0   
Total inventories, net $ 424.3    $ 176.6   
Trade accounts receivable reserves consist of the allowance of doubtful accounts, which is a best estimate of the amount of probable credit losses and collection risk in the existing trade receivables portfolio, and the allowance for cash discounts and sales returns, which is based upon historical experience and trends. The Company considers a variety of factors when determining the accounts receivable reserves including macroeconomic conditions, specific industry trends, and customer classes. The Company specifically considered the impact of the COVID-19 pandemic on its trade receivables and inventories, and determined there was no material impact on existing trade receivables or inventories at June 30, 2020.