Derivative Instruments and Fair Value Measurement (Tables)

9 Months Ended

Jun. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Assets and liabilities measured at fair value on a recurring basis

Assets and liabilities measured at fair value on a recurring basis and their location in our Condensed Consolidated Balance Sheet were (in millions):

		Fair Value (Level 2)
Derivatives Designated as Hedging Instruments	Balance Sheet Location	June 30, 2012			September 30, 2011
Forward exchange contracts	Other current assets	$	18.1		$	15.9
Forward exchange contracts	Other assets	4.4			1.6
Forward exchange contracts	Other current liabilities	(7.7		)	(5.9		)
Forward exchange contracts	Other liabilities	(0.9		)	(1.4		)
Total		$	13.9		$	10.2

		Fair Value (Level 2)
Derivatives Not Designated as Hedging Instruments	Balance Sheet Location	June 30, 2012			September 30, 2011
Forward exchange contracts	Other current assets	$	5.0		$	12.1
Forward exchange contracts	Other current liabilities	(7.2		)	(0.4		)
Total		$	(2.2	)	$	11.7

Pre-tax gains (losses) recorded in other comprehensive income related to hedges

The pre-tax amount of gains (losses) recorded in other comprehensive (loss) income related to hedges that would have been recorded in the Condensed Consolidated Statement of Operations had they not been so designated was (in millions):

	Three Months Ended June 30,				Nine Months Ended June 30,
	2012		2011		2012		2011
Forward exchange contracts (cash flow hedges)	$	18.6	$	5.3	$	9.9	$	(3.5	)
Foreign currency denominated debt (net investment hedges)	0.4		—		0.1		(0.5		)
Total	$	19.0	$	5.3	$	10.0	$	(4.0	)

Pre-tax amount of (losses) gains reclassified from accumulated other comprehensive loss related to derivative forward exchange contracts designated as cash flow hedges

The pre-tax amount of gains (losses) reclassified from accumulated other comprehensive loss into the Condensed Consolidated Statement of Operations related to derivative forward exchange contracts designated as cash flow hedges, which offset the related (losses) gains on the hedged items during the periods presented, was:

	Three Months Ended June 30,						Nine Months Ended June 30,
	2012			2011			2012			2011
Sales	$	(0.4	)	$	0.2		$	(0.6	)	$	—
Cost of sales	1.4			(2.3		)	3.9			(3.4		)
Total	$	1.0		$	(2.1	)	$	3.3		$	(3.4	)

Pre-tax gains (losses) recognized in the Condensed Consolidated Statement of Operations related to forward exchange contracts not designated as hedging instruments

The pre-tax amount of gains (losses) from forward exchange contracts not designated as hedging instruments recognized in the Condensed Consolidated Statement of Operations during the periods presented was:

	Three Months Ended June 30,					Nine Months Ended June 30,
	2012		2011			2012			2011
Other (expense) income	$	1.5	$	6.6		$	(14.8	)	$	1.5
Cost of sales	0.1		(0.2		)	0.1			(0.2		)
Total	$	1.6	$	6.4		$	(14.7	)	$	1.3

Summary of the carrying value and fair value of financial instruments

We also hold financial instruments consisting of cash, short-term investments, short-term debt and long-term debt. The fair values of our cash, short-term investments and short-term debt approximate their carrying amounts as reported in our Condensed Consolidated Balance Sheet due to the short-term nature of these instruments. We base the fair value of long-term debt upon quoted market prices for the same or similar issues. The following table presents the carrying amounts and estimated fair values of financial instruments not measured at fair value in the Condensed Consolidated Balance Sheet (in millions):

	June 30, 2012
			Fair Value
	Carrying Amount		Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	805.6	$	805.6	$	690.3	$	115.3	$	—
Short-term investments	350.0		350.0		—		350.0		—
Short-term debt	270.0		270.0		—		270.0		—
Long-term debt	905.0		1,223.4		—		1,223.4		—

	September 30, 2011
	Carrying Amount		Fair Value
Long-term debt	$	905.0	$	1,125.4