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Retirement Plans (Tables)
12 Months Ended
Sep. 30, 2012
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Schedule of Accumulated and Projected Benefit Obligations
Information for Pension Plans with accumulated benefit obligations in excess of plan assets is presented below.
 
September 30,
 
2012
 
2011
 
(in millions)
Projected benefit obligations
$
445.2

 
$
377.3

Accumulated benefit obligations
445.0

 
375.3

Fair value of plan assets
383.2

 
326.8

Information for Pension Plans with accumulated benefit obligations less than plan assets is presented below.
 
September 30,
 
2012
 
2011
 
(in millions)
Projected benefit obligations
$
3.1

 
$
4.0

Accumulated benefit obligations
3.1

 
4.0

Fair value of plan assets
3.9

 
5.0

Schedule of Net Benefit Costs
The components of net periodic benefit cost (gain) are presented below.
 
Pension Plans
 
2012
 
2011
 
2010
 
(in millions)
Service cost
$
1.8

 
$
2.5

 
$
3.6

Interest cost
20.2

 
21.2

 
21.1

Expected return on plan assets
(24.0
)
 
(23.4
)
 
(21.7
)
Amortization of prior service cost (gain)
0.6

 
0.6

 
0.7

Amortization of net loss (gain)
6.0

 
5.9

 
8.8

Curtailment / special settlement loss (gain)
0.2

 
0.7

 
3.0

Costs allocated to discontinued operations
(1.1
)
 
(4.3
)
 
(9.7
)
Net periodic benefit cost (gain)
$
3.7

 
$
3.2

 
$
5.8

Schedule Of Defined Benefit Plans Disclosures
Amounts recognized for our Pension Plans and other postretirement benefit plans are presented below.
 
Pension Plans
 
Other Plans
 
2012
 
2011
 
2012
 
2011
 
(in millions)
Projected benefit obligations:
 
 
 
 
 
 
 
Beginning of year
$
381.3

 
$
398.9

 
$
3.7

 
$
6.7

Service cost
1.8

 
2.5

 

 
0.1

Interest cost
20.2

 
21.2

 
0.2

 
0.3

Plan amendment

 

 
(1.4
)
 

Actuarial loss (gain)
71.6

 
(12.4
)
 
(0.1
)
 
(1.0
)
Benefits paid
(24.7
)
 
(24.2
)
 
(0.6
)
 
(0.5
)
Currency translation
0.6

 
(0.1
)
 

 

Decrease in obligation due to curtailment
(2.8
)
 
(4.6
)
 

 
(1.9
)
Other
0.3

 

 

 

End of year
$
448.3

 
$
381.3

 
$
1.8

 
$
3.7

Accumulated benefit obligations at end of year
$
448.1

 
$
379.3

 
$
1.8

 
$
3.7

Plan assets:
 
 
 
 
 
 
 
Beginning of year
$
331.8

 
$
313.1

 
$

 
$

Actual return on plan assets
58.2

 
19.6

 

 

Employer contributions
21.3

 
23.3

 
0.6

 
0.5

Currency translation
0.5

 

 

 

Benefits paid
(24.7
)
 
(24.2
)
 
(0.6
)
 
(0.5
)
End of year
$
387.1

 
$
331.8

 
$

 
$

Accrued benefit cost at end of year:
 
 
 
 
 
 
 
Unfunded status
$
(61.2
)
 
$
(49.5
)
 
$
(1.8
)
 
$
(3.7
)
Recognized on balance sheet:
 
 
 
 
 
 
 
Other noncurrent assets
$
0.9

 
$
1.0

 
$

 
$

Other current liabilities

 
(0.3
)
 
(0.2
)
 
(0.5
)
Other noncurrent liabilities
(62.1
)
 
(50.2
)
 
(1.6
)
 
(3.2
)
 
$
(61.2
)
 
$
(49.5
)
 
$
(1.8
)
 
$
(3.7
)
Recognized in accumulated other comprehensive loss, before tax:
 
 
 
 
 
 
 
Prior year service cost (gain)
$
0.3

 
$
0.7

 
$
(0.5
)
 
$
(3.8
)
Net actuarial loss (gain)
136.9

 
108.2

 
(4.6
)
 
(13.4
)
 
$
137.2

 
$
108.9

 
$
(5.1
)
 
$
(17.2
)
Schedule of Pension and Other Postretirement Benefits Activity in Accumulated Other Comprehensive Income (Loss)
Pension and other postretirement benefits activity in accumulated other comprehensive loss, before tax, in 2012 is presented below.
 
Pension benefits  
 
Other postretirement benefits
 
(in millions)
Balance at beginning of year
$
108.9

 
$
(17.2
)
Amounts reclassified as amortization of net periodic cost:
 
 
 
Gain (loss) amortization
(8.8
)
 
9.0

Prior year service gain (loss) amortization and curtailment
(0.6
)
 
4.6

Net prior service costs
0.1

 
(1.4
)
Loss (gain) during the year
37.5

 
(0.1
)
Other
0.1

 

Balance at end of year
$
137.2

 
$
(5.1
)
Schedule of Components of Accumulated Other Comprehensive Income (Loss) Related to Pension and Other Postretirement Benefits Expected to be Amortized
The components of accumulated other comprehensive loss related to pension and other postretirement benefits that management expects to be amortized into net periodic benefit cost in 2013, including both continuing and discontinued operations, are presented below.
 
Pension benefits  
 
Other postretirement benefits
 
(in millions)
Amortization of unrecognized prior year service cost (credit)
$

 
$
(0.4
)
Amortization of unrecognized gain (loss)
(9.0
)
 
(4.2
)
 
$
(9.0
)
 
$
(4.6
)
Schedule of Assumptions Used
A summary of key assumptions for our pension and other postretirement benefit plans is below.
 
Plan measurement date
 
Pension Plans
 
Other Plans
 
2012
 
2011
 
2010
 
2012
 
2011
 
2010
Weighted average used to determine benefit obligations:
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.21
%
 
5.66
%
 
5.44
%
 
4.22
%
 
5.69
%
 
5.44
%
Rate of compensation increases
3.50
%
 
3.50
%
 
3.50
%
 
n/a

 
n/a

 
n/a

Weighted average used to determine net periodic cost:
 
 
 
 
 
 
 
 
 
 
 
Discount rate
5.66
%
 
5.88
%
 
5.45
%
 
5.69
%
 
5.88
%
 
5.45
%
Expected return on plan assets
6.95
%
 
7.47
%
 
7.88
%
 
n/a

 
n/a

 
n/a

Rate of compensation increases
3.50
%
 
3.50
%
 
3.50
%
 
n/a

 
n/a

 
n/a

Assumed healthcare cost trend rates:
 
 
 
 
 
 
 
 
 
 
 
Next year – pre-65
n/a

 
n/a

 
n/a

 
n/a

 
7.50
%
 
7.90
%
Ultimate trend rate – pre-65
n/a

 
n/a

 
n/a

 
n/a

 
5.00
%
 
4.90
%
Year ultimate trend rate achieved
n/a

 
n/a

 
n/a

 
n/a

 
2016

 
2016

Schedule of Effect of One-Percentage-Point Change in Assumptions
The effects of a one-percentage-point change in the trend rate for these assumptions are below.
 
1 Percentage
  point increase 
 
1 Percentage
  point decrease
 
(in millions)
Pension Plans:
 
 
 
Discount rate:
 
 
 
Effect on pension service and interest cost components
$
(0.3
)
 
$
0.4

Effect on pension benefit obligations
(48.0
)
 
58.7

Effect on 2013 pension expense
(2.7
)
 
3.2

Expected return on plan assets:
 
 
 
Effect on current year pension expense
(3.7
)
 
3.8

Rate of compensation increase:
 
 
 
Effect on pension benefit obligations
0.1

 

Effect on 2013 pension expense
0.1

 

Other plans:
 
 
 
Discount rate:
 
 
 
Effect on postretirement service and interest cost components

 

Effect on postretirement benefit obligations
(0.3
)
 
0.4

Schedule of Strategic Allocation of Plan Assets
This trust's strategic asset allocations, tactical range at September 30, 2012 and actual asset allocations at September 30, 2012, 2011 and 2010, respectively, are presented below.
 
Strategic asset allocation
 
 
 
Actual asset allocations at
 
 
  Tactical  
range
 
September 30,
 
2012
 
2011
 
2010
Equity investments:
 
 
 
 
 
 
 
 
 
Large capitalization stocks
38
%
 
19-57%
 
 
 
 
 
 
Small capitalization stocks
8
%
 
4-12%
 
 
 
 
 
 
International stocks
14
%
 
7-21%
 
 
 
 
 
 
 
60
%
 
50-70%
 
59
%
 
46
%
 
58
%
Fixed income investments
40
%
 
30-50%
 
39
%
 
53
%
 
39
%
Cash
%
 
0-5%
 
2
%
 
1
%
 
3
%
 
100
%
 
 
 
100
%
 
100
%
 
100
%
Schedule of Strategic Allocation of Plan Assets
The assets of the Pension Plans at September 30, 2012 and 2011, by level within the fair value hierarchy, are presented below, in millions.
 
September 30, 2012
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(in millions)
Equity:
 
 
 
 
 
 
 
International Funds
$

 
$
10.6

 
$

 
$
10.6

Large Cap Growth funds

 
15.6

 

 
15.6

Large Cap Value funds

 
30.4

 

 
30.4

S&P Midcap index funds

 
5.2

 

 
5.2

   Smallcap index funds

 
31.1

 

 
31.1

    Mutual funds
134.4

 

 

 
134.4

      Total equity
134.4

 
92.9

 

 
227.3

Bond funds

 
151.3

 

 
151.3

Cash and cash equivalents
0.2

 
6.8

 

 
7.0

Other

 

 
1.5

 
1.5

      Total
$
134.6

 
$
251.0

 
$
1.5

 
$
387.1

 
September 30, 2011
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(in millions)
Equity:
 
 
 
 
 
 
 
Large cap growth funds
$

 
$
7.5

 
$

 
$
7.5

Large cap value funds

 
7.3

 

 
7.3

S&P Midcap index funds

 
2.2

 

 
2.2

Mutual funds
137.1

 

 

 
137.1

Total equity
137.1

 
17.0

 

 
154.1

Bond funds

 
172.7

 

 
172.7

Cash
0.2

 
3.3

 

 
3.5

Other

 

 
1.5

 
1.5

Total
$
137.3

 
$
193.0

 
$
1.5

 
$
331.8

Schedule of Expected Benefit Payments
The estimated benefit payments, which reflect expected future service, as appropriate, are presented below.
 
Pension benefits  
 
Other
Plans
 
(in millions)
2013
$
26.6

 
$
0.2

2014
26.6

 
0.1

2015
26.5

 
0.1

2016
26.5

 
0.1

2017
26.7

 
0.1

2018-2022
136.4

 
0.5