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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Sep. 30, 2014
Current Assets    
Cash and cash equivalents $ 52.0us-gaap_CashAndCashEquivalentsAtCarryingValue $ 58.0us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade receivables, net 174.3us-gaap_AccountsNotesAndLoansReceivableNetCurrent 191.0us-gaap_AccountsNotesAndLoansReceivableNetCurrent
Unbilled receivables from long-term manufacturing contracts 152.8us-gaap_ReceivablesLongTermContractsOrPrograms 149.3us-gaap_ReceivablesLongTermContractsOrPrograms
Inventories 177.1us-gaap_InventoryNet 168.5us-gaap_InventoryNet
Deferred income taxes 33.2us-gaap_DeferredTaxAssetsNetNoncurrent 30.5us-gaap_DeferredTaxAssetsNetNoncurrent
Prepaid expenses 20.2us-gaap_PrepaidExpenseCurrent 19.0us-gaap_PrepaidExpenseCurrent
Other current assets 19.5us-gaap_OtherAssetsCurrent 21.5us-gaap_OtherAssetsCurrent
Total current assets 629.1us-gaap_AssetsCurrent 637.8us-gaap_AssetsCurrent
Property, plant, and equipment, net 157.9us-gaap_PropertyPlantAndEquipmentNet 159.5us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net 493.7us-gaap_IntangibleAssetsNetExcludingGoodwill 510.5us-gaap_IntangibleAssetsNetExcludingGoodwill
Goodwill 558.7us-gaap_Goodwill 570.7us-gaap_Goodwill
Other assets 44.8us-gaap_OtherAssetsNoncurrent 40.0us-gaap_OtherAssetsNoncurrent
Total Assets 1,884.2us-gaap_Assets 1,918.5us-gaap_Assets
Current Liabilities    
Trade accounts payable 140.1us-gaap_AccountsPayableCurrent 192.6us-gaap_AccountsPayableCurrent
Liabilities from long-term manufacturing contracts and advances 75.9us-gaap_DeferredRevenueCurrent 76.1us-gaap_DeferredRevenueCurrent
Current portion of long-term debt 9.0us-gaap_LongTermDebtCurrent 15.0us-gaap_LongTermDebtCurrent
Accrued compensation 46.4us-gaap_EmployeeRelatedLiabilitiesCurrent 69.6us-gaap_EmployeeRelatedLiabilitiesCurrent
Deferred income taxes 23.8us-gaap_DeferredTaxLiabilitiesCurrent 20.7us-gaap_DeferredTaxLiabilitiesCurrent
Other current liabilities 106.3us-gaap_OtherLiabilitiesCurrent 117.1us-gaap_OtherLiabilitiesCurrent
Total current liabilities 401.5us-gaap_LiabilitiesCurrent 491.1us-gaap_LiabilitiesCurrent
Long-term debt 608.1us-gaap_LongTermDebtNoncurrent 543.5us-gaap_LongTermDebtNoncurrent
Long-term portion of accrued pension and postretirement healthcare 196.8us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 200.9us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
Deferred income taxes 53.7us-gaap_DeferredTaxLiabilitiesNoncurrent 55.4us-gaap_DeferredTaxLiabilitiesNoncurrent
Other long-term liabilities 35.2us-gaap_OtherLiabilitiesNoncurrent 33.8us-gaap_OtherLiabilitiesNoncurrent
Total Liabilities 1,295.3us-gaap_Liabilities 1,324.7us-gaap_Liabilities
Commitments and contingencies      
SHAREHOLDERS’ EQUITY    
Common stock, no par value (63.6 and 63.5 shares issued, 62.9 and 62.9 shares outstanding) 0us-gaap_CommonStockValue 0us-gaap_CommonStockValue
Additional paid-in capital 342.7us-gaap_AdditionalPaidInCapitalCommonStock 342.1us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 328.6us-gaap_RetainedEarningsAccumulatedDeficit 311.7us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock (0.7 and 0.6 shares) (21.0)us-gaap_TreasuryStockValue (18.3)us-gaap_TreasuryStockValue
Accumulated other comprehensive income (loss) (71.9)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (52.2)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Hillenbrand Shareholders’ Equity 578.4us-gaap_StockholdersEquity 583.3us-gaap_StockholdersEquity
Noncontrolling interests 10.5us-gaap_MinorityInterest 10.5us-gaap_MinorityInterest
Total Shareholders’ Equity 588.9us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 593.8us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total Liabilities and Equity $ 1,884.2us-gaap_LiabilitiesAndStockholdersEquity $ 1,918.5us-gaap_LiabilitiesAndStockholdersEquity