Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Dec. 31, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of changes in accumulated other comprehensive income (loss) by component

	Pension and Postretirement		Currency Translation		Net Unrealized Gain (Loss) on Derivative Instruments		Total Attributable to Hillenbrand, Inc.		Noncontrolling Interests		Total
Balance at September 30, 2019	$	(62.3)	$	(64.7)	$	(13.6)	$	(140.6)
Other comprehensive income (loss) before reclassifications
Before tax amount	—		17.4		1.3		18.7		$	(0.1)	$	18.6
Tax expense	—		—		(0.3)		(0.3)		—		(0.3)
After tax amount	—		17.4		1.0		18.4		(0.1)		18.3
Amounts reclassified from accumulated other comprehensive loss(1)	1.1		—		0.4		1.5		—		1.5
Net current period other comprehensive income (loss)	1.1		17.4		1.4		19.9		$	(0.1)	$	19.8
Reclassification of certain income tax effects (2)	(6.0)		—		—		(6.0)
Balance at December 31, 2019	$	(67.2)	$	(47.3)	$	(12.2)	$	(126.7)

Schedule of reclassifications of AOCI

Accumulated Other Comprehensive Loss

The following tables summarize the changes in the accumulated balances for each component of accumulated other comprehensive loss:

	Pension and Postretirement		Currency Translation		Net Unrealized Gain (Loss) on Derivative Instruments		Total Attributable to Hillenbrand, Inc.		Noncontrolling Interests		Total
Balance at September 30, 2020	$	(69.6)	$	(21.1)	$	(12.1)	$	(102.8)
Other comprehensive income (loss) before reclassifications
Before tax amount	—		59.2		1.7		60.9		$	0.1	$	61.0
Tax expense	—		—		(0.4)		(0.4)		—		(0.4)
After tax amount	—		59.2		1.3		60.5		0.1		60.6
Amounts reclassified from accumulated other comprehensive loss(1)	1.2		—		0.4		1.6		—		1.6
Net current period other comprehensive income (loss)	1.2		59.2		1.7		62.1		0.1		$	62.2
Balance at December 31, 2020	$	(68.4)	$	38.1	$	(10.4)	$	(40.7)

(1)Amounts are net of tax.

	Pension and Postretirement		Currency Translation		Net Unrealized Gain (Loss) on Derivative Instruments		Total Attributable to Hillenbrand, Inc.		Noncontrolling Interests		Total
Balance at September 30, 2019	$	(62.3)	$	(64.7)	$	(13.6)	$	(140.6)
Other comprehensive income (loss) before reclassifications
Before tax amount	—		17.4		1.3		18.7		$	(0.1)	$	18.6
Tax expense	—		—		(0.3)		(0.3)		—		(0.3)
After tax amount	—		17.4		1.0		18.4		(0.1)		18.3
Amounts reclassified from accumulated other comprehensive loss(1)	1.1		—		0.4		1.5		—		1.5
Net current period other comprehensive income (loss)	1.1		17.4		1.4		19.9		$	(0.1)	$	19.8
Reclassification of certain income tax effects (2)	(6.0)		—		—		(6.0)
Balance at December 31, 2019	$	(67.2)	$	(47.3)	$	(12.2)	$	(126.7)

(1)Amounts are net of tax.

(2)Income tax effects of the Tax Act were reclassified from accumulated other comprehensive loss to retained earnings due to the adoption of ASU 2018-02.

Reclassifications out of accumulated other comprehensive loss include: 

	Three Months Ended December 31, 2020
	Amortization of Pension and Postretirement (1)		(Gain)/Loss on
	Net Loss Recognized		Derivative Instruments		Total
Affected line in the Consolidated Statement of Operations:
Net revenue	$	—	$	—	$	—
Cost of goods sold	—		—		—
Other income, net	1.3		0.5		1.8
Total before tax	$	1.3	$	0.5	$	1.8
Tax expense					(0.2)
Total reclassifications for the period, net of tax					$	1.6

(1)These accumulated other comprehensive loss components are included in the computation of net periodic pension (benefit) cost (see Note 9).

	Three Months Ended December 31, 2019
	Amortization of Pension and Postretirement (1)		(Gain)/Loss on
	Net Loss Recognized		Derivative Instruments		Total
Affected line in the Consolidated Statement of Operations:
Net revenue	$	—	$	0.1	$	0.1
Cost of goods sold	—		(0.2)		(0.2)
Other income, net	1.6		0.5		2.1
Total before tax	$	1.6	$	0.4	$	2.0
Tax expense					(0.5)
Total reclassifications for the period, net of tax					$	1.5