OTHER COMPREHENSIVE INCOME

12 Months Ended

Sep. 30, 2015

OTHER COMPREHENSIVE INCOME [Abstract]

OTHER COMPREHENSIVE INCOME

NOTE 5. OTHER COMPREHENSIVE INCOME

The following tables represent the changes in accumulated other comprehensive loss by component for the year to date periods ended September 30, 2015 and 2014:

	Year Ended September 30, 2015
	Other comprehensive income (loss)														Accumulated other comprehensive loss
	Prior to reclassification			Reclassification from		Pre-tax			Tax effect			Net of tax			Beginning balance			Net activity			Ending balance
Available-for-sale securities     and currency hedges	$	(0.6	)	$	0.6	$	-		$	-		$	-		$	-		$	-		$	-
Foreign currency translation     adjustment		(58.6	)		-		(58.6	)		-			(58.6	)		(34.2	)		(58.6	)		(92.8	)
Change in pension and postretirement      defined benefit plans		(28.7	)		15.5		(13.2	)		5.1			(8.1	)		(39.9	)		(8.1	)		(48.0	)
Total	$	(87.9	)	$	16.1	$	(71.8	)	$	5.1		$	(66.7	)	$	(74.1	)	$	(66.7	)	$	(140.8	)
	Year  Ended September 30, 2014
	Other comprehensive income (loss)														Accumulated other comprehensive loss
	Prior to reclassification			Reclassification from		Pre-tax			Tax effect			Net of tax			Beginning balance			Net activity			Ending balance
Available-for-sale securities     and currency hedges	$	0.3		$	0.1	$	0.4		$	(0.1	)	$	0.3		$	(0.3	)	$	0.3		$	-
Foreign currency translation      adjustment		(29.6	)		-		(29.6	)		-			(29.6	)		(4.6	)		(29.6	)		(34.2	)
Change in pension and postretirement      defined benefit plans		(16.8	)		2.7		(14.1	)		5.0			(9.1	)		(30.8	)		(9.1	)		(39.9	)
Total	$	(46.1	)	$	2.8	$	(43.3	)	$	4.9		$	(38.4	)	$	(35.7	)	$	(38.4	)	$	(74.1	)

The following table represents the items reclassified out of accumulated other comprehensive loss and the related tax effects during fiscal 2015 and 2014:

	Years Ended September 30
	2015							2014
	Amount reclassified		Tax effect			Net of tax		Amount reclassified		Tax effect			Net of tax
Change in pension and postretirement      defined benefit plans (1)	$	15.5	$	(5.6	)	$	9.9	$	2.7	$	(1.0	)	$	1.7
Available-for-sale securities     and currency hedges (2)	$	0.6	$	(0.2	)	$	0.4	$	0.1	$	-		$	0.1

 

(1)	Reclassified from accumulated other comprehensive loss into cost of goods sold and selling and administrative expenses. These components are included in the computation of net periodic pension and postretirement benefit expense.
(2)	Reclassified from accumulated other comprehensive loss into other income (expense), net.