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Income Taxes (Tables)
12 Months Ended
Sep. 30, 2015
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
The following table summarizes the income of U.S. and foreign operations before taxes:
201520142013
Income from Continuing Operations before Taxes
United States$739.0$555.9$428.5
Foreign840.0647.2754.1
Income from equity affiliates154.5151.4167.8
Total$1,733.5$1,354.5$1,350.4
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The following table shows the components of the provision for income taxes:
201520142013
Current Tax Provision
Federal$176.1$17.2$97.6
State16.812.86.5
Foreign220.1210.5191.0
413.0240.5295.1
Deferred Tax Provision
Federal(3.5)98.227.7
State19.1(2.7)(7.8)
Foreign(12.7)30.0(7.1)
2.9125.512.8
Income Tax Provision$415.9$366.0$307.9
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
A reconciliation of the differences between the United States federal statutory tax rate and the effective tax rate is as follows:
(Percent of income before taxes)201520142013
U.S. federal statutory tax rate35.0%35.0%35.0%
State taxes, net of federal benefit1.0.5.5
Income from equity affiliates(3.0)(3.9)(4.3)
Foreign tax differentials(6.6)(8.3)(5.4)
U.S. taxes on foreign earnings(1.6)(1.7)(1.5)
Domestic production activities(.9)(.7)(.6)
Non-deductible goodwill impairment charge8.0
Non-U.S. subsidiary tax election(3.8)
Other(A).11.9(.9)
Effective Tax Rate24.0%27.0%22.8%
(A) Other includes the impact of Chilean tax rate changes of 1.5% in 2014.
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
The significant components of deferred tax assets and liabilities are as follows:
30 September20152014
Gross Deferred Tax Assets
Retirement benefits and compensation accruals$468.7$348.9
Tax loss carryforwards116.7125.0
Tax credits and other tax carryforwards43.878.1
Reserves and accruals71.980.1
Other57.346.1
Valuation allowance(103.6)(103.8)
Deferred Tax Assets654.8574.4
Gross Deferred Tax Liabilities
Plant and equipment1,124.61,089.5
Currency gains65.718.2
Unremitted earnings of foreign entities34.3100.0
Intangible assets135.6150.0
Other15.322.8
Deferred Tax Liabilities1,375.51,380.5
Net Deferred Income Tax Liability$720.7$806.1
Schedule Of Deferred Tax Assets And Liabilities Included In Consolidated Financial Statements [Table Text Block]
Deferred tax assets and liabilities are included within the consolidated financial statements as follows:
20152014
Deferred Tax Assets
Other receivables and current assets$117.2$136.0
Other noncurrent assets69.056.6
Total Deferred Tax Assets186.2192.6
Deferred Tax Liabilities
Payables and accrued liabilities3.63.2
Deferred income taxes903.3995.5
Total Deferred Tax Liabilities906.9998.7
Net Deferred Income Tax Liability$720.7$806.1
Summary of Income Tax Contingencies [Table Text Block]
A reconciliation of the beginning and ending amount of the unrecognized tax benefits is as follows:
Unrecognized Tax Benefits201520142013
Balance at beginning of year$108.7$124.3$110.8
Additions for tax positions of the current year6.98.112.7
Additions for tax positions of prior years7.54.99.0
Reductions for tax positions of prior years(7.9)(14.6)(.5)
Settlements(.6)(1.4)
Statute of limitations expiration(11.2)(14.0)(8.0)
Foreign currency translation(5.9)1.7
Balance at End of Year$97.5$108.7$124.3
Summary of Income Tax Examinations [Table Text Block]
We generally remain subject to examination in the following major tax jurisdictions for the years indicated below:
Major Tax JurisdictionOpen Tax Years
North America
United States2011–2015
Canada2012–2015
Europe
France2012–2015
Germany2009–2015
Netherlands2010–2015
Poland2010–2015
Spain2011–2015
United Kingdom2012–2015
Asia
China2010–2015
Singapore2010–2015
South Korea2010–2015
Taiwan2010–2015
Latin America
Brazil2010–2015
Chile2012–2015