XML 30 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
Accumulated Other Comprehensive Loss
 6 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss by component for the three and six months ended March 31, 2017, were (in millions):
Three Months Ended March 31, 2017
 
 
 
 
 
 
 
 
 
 
Pension and other postretirement benefit plan adjustments, net of tax
 
Accumulated currency translation adjustments, net of tax
 
Net unrealized gains (losses) on cash flow hedges, net of tax
 
Net unrealized gains (losses) on available-for-sale investments, net of tax
 
Total accumulated other comprehensive loss, net of tax
Balance as of December 31, 2016
$
(1,215.3
)
 
$
(381.1
)
 
$
7.5

 
$
—

 
$
(1,588.9
)
Other comprehensive income (loss) before reclassifications
—

 
60.8

 
(2.3
)
 
(0.1
)
 
58.4

Amounts reclassified from accumulated other comprehensive loss
23.8

 
—

 
(1.3
)
 
—

 
22.5

Other comprehensive income (loss)
23.8

 
60.8

 
(3.6
)
 
(0.1
)
 
80.9

Balance as of March 31, 2017
$
(1,191.5
)
 
$
(320.3
)
 
$
3.9

 
$
(0.1
)
 
$
(1,508.0
)
 
 
 
 
 
 
 
 
 
 
Six Months Ended March 31, 2017
 
 
 
 
 
 
 
 
 
 
Pension and other postretirement benefit plan adjustments, net of tax
 
Accumulated currency translation adjustments, net of tax
 
Net unrealized gains (losses) on cash flow hedges, net of tax
 
Net unrealized gains (losses) on available-for-sale investments, net of tax
 
Total accumulated other comprehensive loss, net of tax
Balance as of September 30, 2016
$
(1,239.8
)
 
$
(294.9
)
 
$
(4.1
)
 
$
—

 
$
(1,538.8
)
Other comprehensive income (loss) before reclassifications
0.7

 
(25.4
)
 
9.5

 
(0.1
)
 
(15.3
)
Amounts reclassified from accumulated other comprehensive loss
47.6

 
—

 
(1.5
)
 
—

 
46.1

Other comprehensive income (loss)
48.3

 
(25.4
)
 
8.0

 
(0.1
)
 
30.8

Balance as of March 31, 2017
$
(1,191.5
)
 
$
(320.3
)
 
$
3.9


$
(0.1
)
 
$
(1,508.0
)
10. Accumulated Other Comprehensive Loss (continued)
Changes in accumulated other comprehensive loss by component for the three and six months ended March 31, 2016, were (in millions):
Three Months Ended March 31, 2016
 
 
 
 
 
 
 
 
 
 
Pension and other postretirement benefit plan adjustments, net of tax
 
Accumulated currency translation adjustments, net of tax
 
Net unrealized gains (losses) on cash flow hedges, net of tax
 
Net unrealized gains (losses) on available-for-sale investments, net of tax
 
Total accumulated other comprehensive loss, net of tax
Balance as of December 31, 2015
$
(1,078.7
)
 
$
(276.8
)
 
$
16.5

 
$
—

 
$
(1,339.0
)
Other comprehensive income (loss) before reclassifications
—

 
7.4

 
(5.8
)
 
—

 
1.6

Amounts reclassified from accumulated other comprehensive loss
18.4

 
—

 
(6.7
)
 
—

 
11.7

Other comprehensive income (loss)
18.4

 
7.4

 
(12.5
)
 
—

 
13.3

Balance as of March 31, 2016
$
(1,060.3
)
 
$
(269.4
)
 
$
4.0

 
$
—

 
$
(1,325.7
)
 
 
 
 
 
 
 
 
 
 
Six Months Ended March 31, 2016
 
 
 
 
 
 
 
 
 
 
Pension and other postretirement benefit plan adjustments, net of tax
 
Accumulated currency translation adjustments, net of tax
 
Net unrealized gains (losses) on cash flow hedges, net of tax
 
Net unrealized gains (losses) on available-for-sale investments, net of tax
 
Total accumulated other comprehensive loss, net of tax
Balance as of September 30, 2015
$
(1,097.1
)
 
$
(252.4
)
 
$
14.9

 
$
—

 
$
(1,334.6
)
Other comprehensive (loss) income before reclassifications
—

 
(17.0
)
 
0.7

 
—

 
(16.3
)
Amounts reclassified from accumulated other comprehensive loss
36.8

 
—

 
(11.6
)
 
—

 
25.2

Other comprehensive income (loss)
36.8

 
(17.0
)
 
(10.9
)
 
—

 
8.9

Balance as of March 31, 2016
$
(1,060.3
)
 
$
(269.4
)
 
$
4.0

 
$
—


$
(1,325.7
)

10. Accumulated Other Comprehensive Loss (continued)
The reclassifications out of accumulated other comprehensive loss to the Condensed Consolidated Statement of Operations were (in millions):
 
Three Months Ended
March 31,
 
Six Months Ended
March 31,
 
Affected Line in the Condensed Consolidated Statement of Operations
 
2017
 
2016
 
2017
 
2016
 
 
Pension and other postretirement benefit plan adjustments:
Amortization of prior service credit
$
(2.6
)
 
$
(3.6
)
 
$
(4.9
)
 
$
(7.1
)
 
(a)
Amortization of net actuarial loss
38.8

 
31.8

 
77.3

 
63.5

 
(a)
Settlements
—

 
—

 
0.2

 
—

 
(a)
 
36.2

 
28.2

 
72.6

 
56.4

 
Income before income taxes
 
(12.4
)
 
(9.8
)
 
(25.0
)
 
(19.6
)
 
Income tax provision
 
$
23.8

 
$
18.4

 
$
47.6

 
$
36.8

 
Net income
 
 
 
 
 
 
 
 
 
 
Net unrealized losses (gains) on cash flow hedges:
Forward exchange contracts
$
1.0

 
$
1.6

 
$
1.5

 
$
4.1

 
Sales
Forward exchange contracts
(2.6
)
 
(10.2
)
 
(3.6
)
 
(19.0
)
 
Cost of sales
Forward exchange contracts
0.3

 
—

 
0.6

 
—

 
Selling, general and administrative expenses
 
(1.3
)
 
(8.6
)
 
(1.5
)
 
(14.9
)
 
Income before income taxes
 
—

 
1.9

 
—

 
3.3

 
Income tax provision
 
$
(1.3
)
 
$
(6.7
)
 
$
(1.5
)
 
$
(11.6
)
 
Net income
 
 
 
 
 
 
 
 
 
 
Total reclassifications
$
22.5

 
$
11.7

 
$
46.1

 
$
25.2

 
Net income
(a) Reclassified from accumulated other comprehensive loss into cost of sales and selling, general and administrative expenses. These components are included in the computation of net periodic benefit cost (income). See Note 9 for further information.