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Accumulated Other Comprehensive Loss
9 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss by component for the three and nine months ended June 30, 2017, were (in millions):
Three Months Ended June 30, 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 March 31, 2017
$
(1,191.5
)
 
$
(320.3
)
 
$
3.9

 
$
(0.1
)
 
$
(1,508.0
)
Other comprehensive income (loss) before reclassifications

 
24.9

 
(3.9
)
 

 
21.0

Amounts reclassified from accumulated other comprehensive loss
23.8

 

 
(0.5
)
 

 
23.3

Other comprehensive income (loss)
23.8

 
24.9

 
(4.4
)
 

 
44.3

Balance as of June 30, 2017
$
(1,167.7
)
 
$
(295.4
)
 
$
(0.5
)
 
$
(0.1
)
 
$
(1,463.7
)
 
 
 
 
 
 
 
 
 
 
Nine Months Ended June 30, 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

 
(0.5
)
 
5.6

 
(0.1
)
 
5.7

Amounts reclassified from accumulated other comprehensive loss
71.4

 

 
(2.0
)
 

 
69.4

Other comprehensive income (loss)
72.1

 
(0.5
)
 
3.6

 
(0.1
)
 
75.1

Balance as of June 30, 2017
$
(1,167.7
)
 
$
(295.4
)
 
$
(0.5
)

$
(0.1
)
 
$
(1,463.7
)
10. Accumulated Other Comprehensive Loss (continued)
Changes in accumulated other comprehensive loss by component for the three and nine months ended June 30, 2016, were (in millions):
Three Months Ended June 30, 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 March 31, 2016
$
(1,060.3
)
 
$
(269.4
)
 
$
4.0

 
$

 
$
(1,325.7
)
Other comprehensive loss before reclassifications

 
(18.3
)
 
(1.7
)
 

 
(20.0
)
Amounts reclassified from accumulated other comprehensive loss
18.5

 

 
(1.1
)
 

 
17.4

Other comprehensive income (loss)
18.5

 
(18.3
)
 
(2.8
)
 

 
(2.6
)
Balance as of June 30, 2016
$
(1,041.8
)
 
$
(287.7
)
 
$
1.2

 
$

 
$
(1,328.3
)
 
 
 
 
 
 
 
 
 
 
Nine Months Ended June 30, 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 before reclassifications

 
(35.3
)
 
(1.0
)
 

 
(36.3
)
Amounts reclassified from accumulated other comprehensive loss
55.3

 

 
(12.7
)
 

 
42.6

Other comprehensive income (loss)
55.3

 
(35.3
)
 
(13.7
)
 

 
6.3

Balance as of June 30, 2016
$
(1,041.8
)
 
$
(287.7
)
 
$
1.2

 
$


$
(1,328.3
)

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
June 30,
 
Nine Months Ended
June 30,
 
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
$
(2.4
)
 
$
(3.5
)
 
$
(7.3
)
 
$
(10.6
)
 
(a)
Amortization of net actuarial loss
38.8

 
31.8

 
116.1

 
95.3

 
(a)
Settlements

 

 
0.2

 

 
(a)
 
36.4

 
28.3

 
109.0

 
84.7

 
Income before income taxes
 
(12.6
)
 
(9.8
)
 
(37.6
)
 
(29.4
)
 
Income tax provision
 
$
23.8

 
$
18.5

 
$
71.4

 
$
55.3

 
Net income
 
 
 
 
 
 
 
 
 
 
Net unrealized losses (gains) on cash flow hedges:
Forward exchange contracts
$
(0.7
)
 
$
1.0

 
$
0.8

 
$
5.1

 
Sales
Forward exchange contracts
(0.2
)
 
(2.0
)
 
(3.8
)
 
(21.0
)
 
Cost of sales
Forward exchange contracts
0.1

 

 
0.7

 

 
Selling, general and administrative expenses
 
(0.8
)
 
(1.0
)
 
(2.3
)
 
(15.9
)
 
Income before income taxes
 
0.3

 
(0.1
)
 
0.3

 
3.2

 
Income tax provision
 
$
(0.5
)
 
$
(1.1
)
 
$
(2.0
)
 
$
(12.7
)
 
Net income
 
 
 
 
 
 
 
 
 
 
Total reclassifications
$
23.3

 
$
17.4

 
$
69.4

 
$
42.6

 
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.