Consolidating Guarantor and Non-Guarantor Financial Information (Tables)

12 Months Ended

Sep. 30, 2012

Consolidating Guarantor And Non-Guarantor Financial Information [Abstract]

Schedule Of Guarantor Companies

Guarantor Companies are listed below.

Name	State of incorporation or organization
Anvil International, LLC	Delaware
AnvilStar, LLC	Delaware
Echologics, LLC	Delaware
Henry Pratt Company, LLC	Delaware
Henry Pratt International, LLC	Delaware
Hunt Industries, LLC	Delaware
Hydro Gate, LLC	Delaware
J.B. Smith Mfg. Co., LLC	Delaware
James Jones Company, LLC	Delaware
Milliken Valve, LLC	Delaware
Mueller Co. LLC	Delaware
Mueller Financial Services, LLC	Delaware
Mueller Group, LLC	Delaware
Mueller Group Co-Issuer, Inc.	Delaware
Mueller International, L.L.C.	Delaware
Mueller Property Holdings, LLC	Delaware
Mueller Co. International Holdings, LLC	Delaware
Mueller Service California, Inc.	Delaware
Mueller Service Co., LLC	Delaware
Mueller Systems, LLC	Delaware
OSP, LLC	Delaware
U.S. Pipe Valve & Hydrant, LLC	Delaware

Schedule Of Consolidating Balance Sheet

Mueller Water Products, Inc. and Subsidiaries

Consolidating Balance Sheet

September 30, 2012

	Issuer			Guarantor  companies			Non- guarantor  companies		Eliminations			Total
							(in millions)
Assets:
Cash and cash equivalents	$	53.3		$	(3.7	)	$	33.4	$	—		$	83.0
Receivables, net	—			146.9			19.2		—			166.1
Inventories	—			169.3			13.9		—			183.2
Deferred income taxes	18.5			—			1.1		—			19.6
Other current assets	10.5			26.3			1.2		—			38.0
Total current assets	82.3			338.8			68.8		—			489.9
Property, plant and equipment	1.8			134.2			8.7		—			144.7
Identifiable intangible assets	—			572.2			1.5		—			573.7
Other noncurrent assets	30.5			0.7			1.4		—			32.6
Investment in subsidiaries	27.2			37.9			—		(65.1		)	—
Total assets	$	141.8		$	1,083.8		$	80.4	$	(65.1	)	$	1,240.9
Liabilities and equity:
Current portion of long-term debt	$	—		$	1.1		$	—	$	—		$	1.1
Accounts payable	8.3			68.7			7.5		—			84.5
Other current liabilities	29.9			49.0			3.9		—			82.8
Total current liabilities	38.2			118.8			11.4		—			168.4
Long-term debt	619.9			1.8			—		—			621.7
Deferred income taxes	132.0			—			0.8		—			132.8
Other noncurrent liabilities	77.2			7.6			2.0		—			86.8
Intercompany accounts	(956.7		)	928.4			28.3		—			—
Total liabilities	(89.4		)	1,056.6			42.5		—			1,009.7
Equity	231.2			27.2			37.9		(65.1		)	231.2
Total liabilities and equity	$	141.8		$	1,083.8		$	80.4	$	(65.1	)	$	1,240.9

Mueller Water Products, Inc. and Subsidiaries

Consolidating Balance Sheet

September 30, 2011

	Issuer			Guarantor  companies			Non- guarantor  companies		Eliminations		Total
							(in millions)
Assets:
Cash and cash equivalents	$	36.2		$	(3.8	)	$	28.6	$	—	$	61.0
Receivables, net	—			131.8			15.6		—		147.4
Inventories	—			163.4			12.5		—		175.9
Deferred income taxes	28.1			—			0.6		—		28.7
Other current assets	15.4			27.3			1.1		—		43.8
Current assets held for sale	142.0			—			—		—		142.0
Total current assets	221.7			318.7			58.4		—		598.8
Property, plant and equipment	3.9			132.7			9.1		—		145.7
Identifiable intangible assets	—			600.9			1.5		—		602.4
Other noncurrent assets	27.6			0.9			1.9		—		30.4
Noncurrent assets held for sale	107.7			—			—		—		107.7
Investment in subsidiaries	(23.9		)	23.8			—		0.1		—
Total assets	$	337.0		$	1,077.0		$	70.9	$	0.1	$	1,485.0
Liabilities and equity:
Current portion of long-term debt	$	—		$	0.9		$	—	$	—	$	0.9
Accounts payable	6.1			49.3			3.7		—		59.1
Other current liabilities	30.1			44.9			2.9		—		77.9
Current liabilities held for sale	56.9			—			—		—		56.9
Total current liabilities	93.1			95.1			6.6		—		194.8
Long-term debt	676.0			1.4			—		—		677.4
Deferred income taxes	153.8			—			0.4		—		154.2
Other noncurrent liabilities	71.0			7.9			0.7		—		79.6
Intercompany accounts	(1,035.9		)	996.5			39.4		—		—
Total liabilities	(42.0		)	1,100.9			47.1		—		1,106.0
Equity	379.0			(23.9		)	23.8		0.1		379.0
Total liabilities and equity	$	337.0		$	1,077.0		$	70.9	$	0.1	$	1,485.0

Schedule Of Consolidating Statement Of Operations and Other Comprehensive Income

Mueller Water Products, Inc. and Subsidiaries

Consolidating Statement of Operations and Other Comprehensive Income

Year Ended September 30, 2012

	Issuer			Guarantor  companies		Non- guarantor  companies			Eliminations			Total
						(in millions)
Net sales	$	—		$	907.0	$	116.9		$	—		$	1,023.9
Cost of sales	—			652.1		100.7			—			752.8
Gross profit	—			254.9		16.2			—			271.1
Operating expenses:
Selling, general and administrative	30.6			160.2		13.4			—			204.2
Restructuring	—			2.7		0.1			—			2.8
Total operating expenses	30.6			162.9		13.5			—			207.0
Operating income (loss)	(30.6		)	92.0		2.7			—			64.1
Interest expense, net	60.0			0.2		(0.3		)	—			59.9
Loss on early extinguishment of debt	1.5			—		—			—			1.5
Income (loss) before income taxes	(92.1		)	91.8		3.0			—			2.7
Income tax expense (benefit)	(28.3		)	35.6		0.6			—			7.9
Equity in income of subsidiaries	58.6			2.4		—			(61.0		)	—
Income (loss) from continuing operations	(5.2		)	58.6		2.4			(61.0		)	(5.2		)
Income (loss) from discontinued operations, net of tax	(103.2		)	—		—			—			(103.2		)
Net income (loss)	(108.4		)	58.6		2.4			(61.0		)	(108.4		)
Other comprehensive income (loss):
Equity in other comprehensive income of subsidiaries	2.9			2.9		—			(5.8		)	—
Interest rate swap contracts, net of tax	3.0			—		—			—			3.0
Foreign currency translation	—			—		2.9			—			2.9
Minimum pension liability, net of tax	(39.4		)	—		—			—			(39.4		)
	(33.5		)	2.9		2.9			(5.8		)	(33.5		)
Comprehensive income (loss)	$	(141.9	)	$	61.5	$	5.3		$	(66.8	)	$	(141.9	)

Mueller Water Products, Inc. and Subsidiaries

Consolidating Statement of Operations and Other Comprehensive Income

Year Ended September 30, 2011

	Issuer			Guarantor  companies			Non- guarantor  companies			Eliminations			Total
							(in millions)
Net sales	$	—		$	844.9		$	119.7		$	—		$	964.6
Cost of sales	(0.1		)	613.8			102.8			—			716.5
Gross profit	0.1			231.1			16.9			—			248.1
Operating expenses:
Selling, general and administrative	31.1			147.0			13.7			—			191.8
Restructuring	1.0			2.2			0.4			—			3.6
Total operating expenses	32.1			149.2			14.1			—			195.4
Operating income (loss)	(32.0		)	81.9			2.8			—			52.7
Interest expense, net	65.6			—			—			—			65.6
Income (loss) before income taxes	(97.6		)	81.9			2.8			—			(12.9		)
Income tax expense (benefit)	(34.4		)	30.6			0.9			—			(2.9		)
Equity in income of subsidiaries	53.2			1.9			—			(55.1		)	—
Income (loss) from continuing operations	(10.0		)	53.2			1.9			(55.1		)	(10.0		)
Income (loss) from discontinued operations, net of tax	(28.1		)	—			—			—			(28.1		)
Net income (loss)	(38.1		)	53.2			1.9			(55.1		)	(38.1		)
Other comprehensive income (loss):
Equity in other comprehensive loss of subsidiaries	(1.1		)	(1.1		)	—			2.2			—
Interest rate swap contracts, net of tax	4.9			—			—			—			4.9
Foreign currency translation	—			—			(1.1		)	—			(1.1		)
Minimum pension liability, net of tax	12.2			—			—			—			12.2
	16.0			(1.1		)	(1.1		)	2.2			16.0
Comprehensive income (loss)	$	(22.1	)	$	52.1		$	0.8		$	(52.9	)	$	(22.1	)

Mueller Water Products, Inc. and Subsidiaries

Consolidating Statement of Operations and Other Comprehensive Income

Year Ended September 30, 2010

	Issuer			Guarantor  companies		Non- guarantor  companies		Eliminations			Total
						(in millions)
Net sales	$	—		$	807.8	$	151.9	$	—		$	959.7
Cost of sales	(0.3		)	568.1		132.8		—			700.6
Gross profit	0.3			239.7		19.1		—			259.1
Operating expenses:
Selling, general and administrative	33.1			145.8		9.9		—			188.8
Restructuring	—			0.6		—		—			0.6
Total operating expenses	33.1			146.4		9.9		—			189.4
Operating income	(32.8		)	93.3		9.2		—			69.7
Interest expense (income), net	68.0			—		—		—			68.0
Loss on early extinguishment of debt, net	4.6			—		—					4.6
Income (loss) before income taxes	(105.4		)	93.3		9.2		—			(2.9		)
Income tax expense (benefit)	(37.3		)	36.9		2.9		—			2.5
Equity in income (loss) of subsidiaries	62.7			6.3		—		(69.0		)	—
Income (loss) from continuing operations	(5.4		)	62.7		6.3		(69.0		)	(5.4		)
Income (loss) from discontinued operations, net of tax	(39.8		)	—		—		—			(39.8		)
Net income (loss)	(45.2		)	62.7		6.3		(69.0		)	(45.2		)
Other comprehensive income (loss):
Equity in other comprehensive income of   subsidiaries	3.4			3.4		—		(6.8		)	—
Natural gas hedges, net of tax	(0.4		)	—		—		—			(0.4		)
Interest rate swap contracts, net of tax	3.9			—		—		—			3.9
Foreign currency translation	—			—		3.4		—			3.4
Minimum pension liability, net of tax	8.8			—		—		—			8.8
	15.7			3.4		3.4		(6.8		)	15.7
Comprehensive income (loss)	$	(29.5	)	$	66.1	$	9.7	$	(75.8	)	$	(29.5	)

Schedule Of Consolidating Statement Of Cash Flow

Mueller Water Products, Inc. and Subsidiaries

Consolidating Statement of Cash Flows

Year Ended September 30, 2012

	Issuer			Guarantor  companies			Non- guarantor  companies			Eliminations		Total
							(in millions)
Operating activities:
Net cash provided by operating activities from continuing operations	$	40.9		$	32.2		$	3.7		$	—	$	76.8
Investing activities:
Capital expenditures	—			(30.5		)	(0.9		)	—		(31.4		)
Acquisitions	—			(1.8		)	0.5			—		(1.3		)
Proceeds from sales of assets	—			0.3			—			—		0.3
Net cash used in investing activities from continuing operations	—			(32.0		)	(0.4		)	—		(32.4		)
Financing activities:
Debt borrowings	—			0.6			—			—		0.6
Debt payments	(57.2		)	—			—			—		(57.2		)
Common stock issued	0.2			—			—			—		0.2
Dividends paid	(11.0		)	—			—			—		(11.0		)
Other	—			(0.7		)	—			—		(0.7		)
Net cash used in financing activities from continuing operations	(68.0		)	(0.1		)	—			—		(68.1		)
Net cash flows from discontinued operations:
Operating activities	(43.3		)	—			—			—		(43.3		)
Investing activities	87.5			—			—			—		87.5
Net cash used in discontinued operations	44.2			—			—			—		44.2
Effect of currency exchange rate changes on cash	—			—			1.5			—		1.5
Net change in cash and cash equivalents	17.1			0.1			4.8			—		22.0
Cash and cash equivalents at beginning of year	36.2			(3.8		)	28.6			—		61.0
Cash and cash equivalents at end of year	$	53.3		$	(3.7	)	$	33.4		$	—	$	83.0

Mueller Water Products, Inc. and Subsidiaries

Consolidating Statement of Cash Flows

Year Ended September 30, 2011

	Issuer			Guarantor  companies			Non- guarantor  companies			Eliminations		Total
							(in millions)
Operating activities:
Net cash provided by (used in) operating activities from continuing operations	$	31.6		$	17.9		$	2.6		$	—	$	52.1
Investing activities:
Capital expenditures	(0.8		)	(21.8		)	(0.5		)	—		(23.1		)
Acquisitions	—			(1.3		)	(7.9		)	—		(9.2		)
Proceeds from sales of assets	—			1.1			—			—		1.1
Net cash used in investing activities from continuing operations	(0.8		)	(22.0		)	(8.4		)	—		(31.2		)
Financing activities:
Debt borrowings	—			0.7			—			—		0.7
Debt paid or repurchased	(15.0		)	—			—			—		(15.0		)
Common stock issued	1.0			—			—			—		1.0
Dividends paid	(10.9		)	—			—			—		(10.9		)
Payment of deferred financing fees	(0.4		)									(0.4		)
Other	—			1.7			—			—		1.7
Net cash provided by (used in) financing activities from continuing operations	(25.3		)	2.4			—			—		(22.9		)
Net cash flows from discontinued operations:
Operating activities	(12.2		)	—			—			—		(12.2		)
Investing activities	(8.4		)	—			—			—		(8.4		)
Net cash used in discontinued operations	(20.6		)	—			—			—		(20.6		)
Effect of currency exchange rate changes on cash	—			—			(0.4		)	—		(0.4		)
Net change in cash and cash equivalents	(15.1		)	(1.7		)	(6.2		)	—		(23.0		)
Cash and cash equivalents at beginning of year	51.3			(2.1		)	34.8			—		84.0
Cash and cash equivalents at end of year	$	36.2		$	(3.8	)	$	28.6		$	—	$	61.0

Mueller Water Products, Inc. and Subsidiaries

Consolidating Statement of Cash Flows

Year Ended September 30, 2010

	Issuer			Guarantor  companies			Non- guarantor  companies			Eliminations		Total
							(in millions)
Operating activities:
Net cash provided by (used in) operating activities from continuing operations	$	121.2		$	(37.2	)	$	13.9		$	—	$	97.9
Investing activities:
Capital expenditures	(0.2		)	(21.0		)	(0.6		)	—		(21.8		)
Acquisitions	—			—			—			—		—
Proceeds from sales of assets	—			55.0			—			—		55.0
Net cash used in investing activities from continuing operations	(0.2		)	34.0			(0.6		)	—		33.2
Financing activities:
Debt borrowings	270.5			—			—			—		270.5
Debt paid or repurchased	(318.5		)	—			—			—		(318.5		)
Common stock issued	1.0			—			—			—		1.0
Dividends paid	(10.8		)	—			—			—		(10.8		)
Payment of deferred financing fees	(9.8		)	—			—			—		(9.8		)
Other	—			1.7			—			—		1.7
Net cash provided by (used in) financing activities from continuing operations	(67.6		)	1.7			—			—		(65.9		)
Net cash flows from discontinued operations:	.
Operating activities	(34.7		)	—			—			—		(34.7		)
Investing activities	(9.6		)	—			—			—		(9.6		)
Net cash used in discontinued operations	(44.3		)	—			—			—		(44.3		)
Effect of currency exchange rate changes on cash	—			—			1.5			—		1.5
Net change in cash and cash equivalents	9.1			(1.5		)	14.8			—		22.4
Cash and cash equivalents at beginning of year	42.2			(0.6		)	20.0			—		61.6
Cash and cash equivalents at end of year	$	51.3		$	(2.1	)	$	34.8		$	—	$	84.0