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Financial Instruments and Risk Management (Tables)
 9 Months Ended
Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The following table provides the Company's estimated fair values as of June 30, 2018 and September 30, 2017, and the amounts of gains and losses on derivative instruments classified as cash flow hedges for the quarter and nine months ended June 30, 2018 and 2017, respectively:
 
 
At June 30, 2018
 
For the Quarter Ended June 30, 2018
 
For the Nine Months Ended June 30, 2018
Derivatives designated as Cash Flow Hedging Relationships
 
Estimated Fair Value
 Asset
 (1) (2)
 
Gain Recognized in OCI (3)
 
Loss Reclassified From OCI into Income
(Effective Portion) (4) (5)
 
Gain Recognized in OCI (3)
 
Loss Reclassified From OCI into Income (Effective Portion) (4) (5)
Foreign currency contracts
 
$
4.1

 
$
5.6

 
$
(0.8
)
 
$
4.8

 
$
(5.1
)
Interest rate contracts
 
6.2

 
2.2

 
(0.2
)
 
6.7

 
(1.0
)
Total
 
$
10.3

 
$
7.8

 
$
(1.0
)
 
$
11.5

 
$
(6.1
)
 
 
 
 
 
 
 
 
 
 
 
 
 
At September 30, 2017
 
For the Quarter Ended June 30, 2017
 
For the Nine Months Ended June 30, 2017
Derivatives designated as Cash Flow Hedging Relationships
 
Estimated Fair Value
Liability (1) (2)
 
Loss Recognized in OCI (3)
 
Gain/(Loss) Reclassified From OCI into Income
(Effective Portion) (4) (5)
 
(Loss)/Gain Recognized in OCI (3)
 
Gain/(Loss) Reclassified From OCI into Income (Effective Portion) (4) (5)
Foreign currency contracts
 
$
(5.8
)
 
$
(4.8
)
 
$
0.4

 
$
(1.6
)
 
$
1.6

Interest rate contracts
 
(1.3
)
 
(1.2
)
 
(0.5
)
 
4.6

 
(1.9
)
Total
 
$
(7.1
)
 
$
(6.0
)
 
$
(0.1
)
 
$
3.0

 
$
(0.3
)
(1) All derivative assets are presented in Other current assets or Other assets.
(2) All derivative liabilities are presented in Other current liabilities or Other liabilities.
(3) OCI is defined as other comprehensive income.
(4) Gain/(loss) reclassified to Income was recorded as follows: Foreign currency contracts in Other items, net and interest rate contracts in Interest expense.
(5) Each of these hedging relationships has derivative instruments with a high correlation to the underlying exposure being hedged and has been deemed highly effective in offsetting the underlying risk.
Derivative Instruments, Gain (Loss)
The following table provides estimated fair values as of June 30, 2018 and September 30, 2017 and the gains and losses on derivative instruments not classified as cash flow hedges for the quarter and nine months ended June 30, 2018 and 2017, respectively:
 
 
At June 30, 2018
 
For the Quarter Ended June 30, 2018
 
For the Nine Months Ended June 30, 2018
 
 
Estimated Fair Value Asset (1)
 
Gain Recognized in Income (1) (2)
 
Gain Recognized in Income (1) (2)
Foreign currency contracts
 
$
9.5

 
$
8.7

 
$
10.0

 
 
 
 
 
 
 
 
 
At September 30, 2017
 
For the Quarter Ended June 30, 2017
 
For the Nine Months Ended June 30, 2017
 
 
Estimated Fair Value Asset
 
Loss Recognized in Income (2)
 
Loss Recognized in Income (2)
Foreign currency contracts
 
$
0.9

 
$
(0.2
)
 
$
(1.5
)
(1) Includes the foreign currency contracts, which were entered into in June 2018, to lock in the USD value of future Euro Notes related to the Spectrum acquisition. These contracts were terminated when the funds from the Euro Notes offering were placed into escrow on July 6, 2018.
(2) Gain/(loss) recognized in Income was recorded as foreign currency in Other items, net.
Offsetting Liabilities
Offsetting of derivative assets
 
 
 
 
At June 30, 2018
 
At September 30, 2017
Description
 
Balance Sheet location
 
Gross amounts of recognized assets
 
Gross amounts offset in the Balance Sheet
 
Net amounts of assets presented in the Balance Sheet
 
Gross amounts of recognized assets
 
Gross amounts offset in the Balance Sheet
 
Net amounts of assets presented in the Balance Sheet
Foreign Currency Contracts
 
Other Current Assets, Other Assets
 
$
14.9

 
$
(0.4
)
 
$
14.5

 
$
1.1

 
$
—

 
$
1.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Offsetting of derivative liabilities
 
 
 
 
At June 30, 2018
 
At September 30, 2017
Description
 
Balance Sheet location
 
Gross amounts of recognized liabilities
 
Gross amounts offset in the Balance Sheet
 
Net amounts of liabilities presented in the Balance Sheet
 
Gross amounts of recognized liabilities
 
Gross amounts offset in the Balance Sheet
 
Net amounts of liabilities presented in the Balance Sheet
Foreign Currency Contracts
 
Other Current Liabilities, Other Liabilities
 
$
(0.9
)
 
$
—

 
$
(0.9
)
 
$
(6.4
)
 
$
0.4

 
$
(6.0
)
Offsetting Assets

Offsetting of derivative assets
 
 
 
 
At June 30, 2018
 
At September 30, 2017
Description
 
Balance Sheet location
 
Gross amounts of recognized assets
 
Gross amounts offset in the Balance Sheet
 
Net amounts of assets presented in the Balance Sheet
 
Gross amounts of recognized assets
 
Gross amounts offset in the Balance Sheet
 
Net amounts of assets presented in the Balance Sheet
Foreign Currency Contracts
 
Other Current Assets, Other Assets
 
$
14.9

 
$
(0.4
)
 
$
14.5

 
$
1.1

 
$
—

 
$
1.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Offsetting of derivative liabilities
 
 
 
 
At June 30, 2018
 
At September 30, 2017
Description
 
Balance Sheet location
 
Gross amounts of recognized liabilities
 
Gross amounts offset in the Balance Sheet
 
Net amounts of liabilities presented in the Balance Sheet
 
Gross amounts of recognized liabilities
 
Gross amounts offset in the Balance Sheet
 
Net amounts of liabilities presented in the Balance Sheet
Foreign Currency Contracts
 
Other Current Liabilities, Other Liabilities
 
$
(0.9
)
 
$
—

 
$
(0.9
)
 
$
(6.4
)
 
$
0.4

 
$
(6.0
)
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table sets forth the Company's financial assets and liabilities, which are carried at fair value, as of June 30, 2018 and September 30, 2017 that are measured on a recurring basis during the period, segregated by level within the fair value hierarchy:
 
Level 2
Assets/(Liabilities) at estimated fair value:
June 30,
2018
 
September 30,
2017
Deferred Compensation
$
(28.5
)
 
$
(41.0
)
Derivatives - Foreign Currency Contracts
13.6

 
(4.9
)
Derivatives - Interest Rate Contracts
6.2

 
(1.3
)
Exit lease liability
—

 
(0.3
)
Net Liabilities at estimated fair value
$
(8.7
)
 
$
(47.5
)