10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM10-Q

ý QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2013

or

o TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number:1-31371

Oshkosh Corporation

(Exact name of registrant as specified in its charter)

Wisconsin	39-0520270
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

P.O.Box 2566 Oshkosh, Wisconsin	54903-2566
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (920) 235-9151

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.        ý Yes        o No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

ý Yes        o No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer x	Accelerated filer o
Non-accelerated filer o	Smaller reporting company o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). o Yes     ý No

As of April 25, 2013, 87,987,817 shares of the registrant’s Common Stock were outstanding.

OSHKOSH CORPORATION

FORM10-Q INDEX

FOR THE QUARTER ENDED March 31, 2013

		Page
PART I - FINANCIAL INFORMATION
ITEM 1.	FINANCIAL STATEMENTS (UNAUDITED)	1
	Condensed Consolidated Statements of Income for the	1
	Three Months and Six Months Ended March 31, 2013 and 2012
	Condensed Consolidated Statements of Comprehensive Income for the	2
	Three Months and Six Months Ended March 31, 2013 and 2012
	Condensed Consolidated Balance Sheets at	3
	March 31, 2013 and September 30, 2012
	Condensed Consolidated Statements of Equity for the	4
	Six Months Ended March 31, 2013 and 2012
	Condensed Consolidated Statements of Cash Flows for the	5
	Six Months Ended March 31, 2013 and 2012
	Notes to Condensed Consolidated Financial Statements	6
ITEM 2.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	33
ITEM 3.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	44
ITEM 4.	CONTROLS AND PROCEDURES	44
PART II - OTHER INFORMATION
ITEM 1.	LEGAL PROCEEDINGS	45
ITEM 1A.	RISK FACTORS	45
ITEM 2.	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	48
ITEM 4.	MINE SAFETY DISCLOSURES	48
ITEM 6.	EXHIBITS	49
SIGNATURES		50
EXHIBIT INDEX		51

PARTI - FINANCIAL INFORMATION

1

ITEM 1. FINANCIAL STATEMENTS

1

OSHKOSH CORPORATION

Condensed Consolidated Statements of Income

(In millions, except per share amounts; unaudited)

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Net sales	$	1,984.4		$	2,062.3		$	3,734.2		$	3,930.8
Cost of sales	1,681.0			1,818.2			3,184.8			3,461.8
Gross income	303.4			244.1			549.4			469.0
Operating expenses:
Selling, general and administrative	154.3			145.4			305.6			276.5
Amortization of purchased intangibles	14.5			14.6			28.9			29.3
Total operating expenses	168.8			160.0			334.5			305.8
Operating income	134.6			84.1			214.9			163.2
Other income (expense):
Interest expense	(16.4		)	(18.0		)	(32.8		)	(38.5		)
Interest income	1.7			0.6			4.2			1.2
Miscellaneous, net	0.1			1.3			0.4			(4.3		)
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	120.0			68.0			186.7			121.6
Provision for income taxes	34.8			24.4			55.8			36.8
Income from continuing operations before equity in earnings of unconsolidated affiliates	85.2			43.6			130.9			84.8
Equity in earnings of unconsolidated affiliates	0.7			—			1.3			0.7
Income from continuing operations, net of tax	85.9			43.6			132.2			85.5
Income (loss) from discontinued operations, net of tax	0.6			(5.6		)	0.8			(8.2		)
Net income	86.5			38.0			133.0			77.3
Net income attributable to noncontrolling interest	—			(0.7		)	—			(1.1		)
Net income attributable to Oshkosh Corporation	$	86.5		$	37.3		$	133.0		$	76.2
Earnings (loss) per share attributable to Oshkosh Corporation common shareholders-basic:
From continuing operations	$	0.98		$	0.47		$	1.48		$	0.92
From discontinued operations	0.01			(0.06		)	0.01			(0.09		)
	$	0.99		$	0.41		$	1.49		$	0.83
Earnings (loss) per share attributable to Oshkosh Corporation common shareholders-diluted:
From continuing operations	$	0.96		$	0.47		$	1.46		$	0.92
From discontinued operations	0.01			(0.06		)	0.01			(0.09		)
	$	0.97		$	0.41		$	1.47		$	0.83

The accompanying notes are an integral part of these financial statements

1

OSHKOSH CORPORATION

Condensed Consolidated Statements of Comprehensive Income

(In millions; unaudited)

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Net income	$	86.5		$	38.0		$	133.0		$	77.3
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	—			—			—			1.4
Employee pension and postretirement benefits	1.0			1.5			2.0			3.0
Currency translation adjustments	(10.0		)	11.8			(1.4		)	3.7
Total other comprehensive income (loss), net of tax	(9.0		)	13.3			0.6			8.1
Comprehensive income	77.5			51.3			133.6			85.4
Comprehensive (income) loss attributable to noncontrolling interest	—			(0.7		)	—			(1.1		)
Comprehensive income attributable to Oshkosh Corporation	$	77.5		$	50.6		$	133.6		$	84.3

The accompanying notes are an integral part of these financial statements

1

2

OSHKOSH CORPORATION

Condensed Consolidated Balance Sheets

(In millions, except share and per share amounts; unaudited)

	March 31,			September 30,
	2013			2012
Assets
Current assets:
Cash and cash equivalents	$	452.3		$	540.7
Receivables, net	970.3			1,018.6
Inventories, net	1,060.7			937.5
Deferred income taxes	66.7			69.9
Prepaid income taxes	77.9			98.0
Other current assets	31.1			29.8
Total current assets	2,659.0			2,694.5
Investment in unconsolidated affiliates	20.1			18.8
Property, plant and equipment, net	357.2			369.9
Goodwill	1,033.2			1,033.8
Purchased intangible assets, net	750.2			775.4
Other long-term assets	54.9			55.4
Total assets	$	4,874.6		$	4,947.8
Liabilities and Shareholders' Equity
Current liabilities:
Revolving credit facility and current maturities of long-term debt	$	32.5		$	—
Accounts payable	659.5			683.3
Customer advances	529.1			510.4
Payroll-related obligations	109.2			130.1
Accrued warranty	96.9			95.0
Deferred revenue	28.0			113.0
Other current liabilities	159.4			172.7
Total current liabilities	1,614.6			1,704.5
Long-term debt, less current maturities	922.5			955.0
Deferred income taxes	115.3			129.6
Other long-term liabilities	334.5			305.2
Commitments and contingencies
Shareholders' equity:
Preferred Stock ($.01 par value; 2,000,000 shares authorized; none issued and outstanding)	—			—
Common Stock ($.01 par value; 300,000,000 shares authorized; 92,096,465 and 92,086,465 shares issued, respectively)	0.9			0.9
Additional paid-in capital	711.6			703.5
Retained earnings	1,396.6			1,263.5
Accumulated other comprehensive loss	(100.8		)	(101.4		)
Common Stock in treasury, at cost (4,117,598 and 528,695 shares, respectively)	(120.6		)	(13.0		)
Total shareholders’ equity	1,887.7			1,853.5
Total liabilities and shareholders' equity	$	4,874.6		$	4,947.8

The accompanying notes are an integral part of these financial statements

3

OSHKOSH CORPORATION

Condensed Consolidated Statements of Equity

(In millions; unaudited)

	Oshkosh Corporation’s Shareholders
	Common Stock		Additional Paid-In Capital			Retained Earnings		Accumulated Other Comprehensive Income (Loss)			Common Stock in Treasury at Cost			Non- Controlling Interest
Balance at September 30, 2011	$	0.9	$	685.6		$	1,032.7	$	(122.6	)	$	(0.1	)	$	0.1
Net income	—		—			76.2		—			—			1.1
Change in fair value of derivative instruments, net of tax of $0.8	—		—			—		1.4			—			—
Employee pension and postretirement benefits, net of tax of $1.8	—		—			—		3.0			—			—
Currency translation adjustments, net	—		—			—		3.7			—			—
Exercise of stock options	—		2.2			—		—			0.7			—
Stock-based compensation and award of nonvested shares	—		6.6			—		—			—			—
Other	—		0.4			—		—			(0.6		)	—
Balance at March 31, 2012	$	0.9	$	694.8		$	1,108.9	$	(114.5	)	$	—		$	1.2
	Oshkosh Corporation’s Shareholders
	Common Stock		Additional Paid-In Capital			Retained Earnings		Accumulated Other Comprehensive Income (Loss)			Common Stock in Treasury at Cost			Non- Controlling Interest
Balance at September 30, 2012	$	0.9	$	703.5		$	1,263.5	$	(101.4	)	$	(13.0	)	$	—
Net income	—		—			133.0		—			—			—
Employee pension and postretirement benefits, net of tax of $1.1	—		—			—		2.0			—			—
Currency translation adjustments, net	—		—			—		(1.4		)	—			—
Repurchase of common stock	—		—			—		—			(125.1		)	—
Exercise of stock options	—		(1.1		)	—		—			16.8			—
Stock-based compensation and award of nonvested shares	—		10.8			—		—			—			—
Tax benefit related to stock-based compensation	—		(0.8		)	—		—			—			—
Other	—		(0.8		)	0.1		—			0.7			—
Balance at March 31, 2013	$	0.9	$	711.6		$	1,396.6	$	(100.8	)	$	(120.6	)	$	—

The accompanying notes are an integral part of these financial statements

4

OSHKOSH CORPORATION

Condensed Consolidated Statements of Cash Flows

(In millions; unaudited)

	Six Months Ended March 31,
	2013			2012
Operating activities:
Net income	$	133.0		$	77.3
Depreciation and amortization	63.3			64.3
Deferred income taxes	(13.8		)	(11.8		)
Other non-cash adjustments	4.1			4.4
Changes in operating assets and liabilities	(142.2		)	(87.3		)
Net cash provided by operating activities	44.4			46.9
Investing activities:
Additions to property, plant and equipment	(15.4		)	(24.1		)
Additions to equipment held for rental	(10.1		)	(3.1		)
Proceeds from sale of property, plant and equipment	0.1			6.1
Proceeds from sale of equipment held for rental	3.9			2.4
Other investing activities	(3.4		)	(0.7		)
Net cash used by investing activities	(24.9		)	(19.4		)
Financing activities:
Repayment of long-term debt	—			(72.5		)
Repurchases of common stock	(125.1		)	—
Proceeds from exercise of stock options	15.7			2.9
Other financing activities	0.8			(0.2		)
Net cash used by financing activities	(108.6		)	(69.8		)
Effect of exchange rate changes on cash	0.7			2.2
Decrease in cash and cash equivalents	(88.4		)	(40.1		)
Cash and cash equivalents at beginning of period	540.7			428.5
Cash and cash equivalents at end of period	$	452.3		$	388.4
Supplemental disclosures:
Cash paid for interest	$	30.2		$	37.0
Cash paid for income taxes	44.0			31.6

The accompanying notes are an integral part of these financial statements

5

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

1.Basis of Presentation

In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements contain all adjustments (which include normal recurring adjustments, unless otherwise noted) necessary to present fairly the financial position, results of operations and cash flows for the periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States have been condensed or omitted pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). These Condensed Consolidated Financial Statements should be read in conjunction with the audited financial statements and notes thereto included in Oshkosh Corporation and its subsidiaries (the “Company”) Annual Report on Form 10-K for the year ended September 30, 2012. "Oshkosh" refers to Oshkosh Corporation, not including its subsidiaries. The interim results are not necessarily indicative of results for the full year.

2.    New Accounting Standards

In June 2011, the Financial Accounting Standards Board ("FASB") amended Accounting Standards Codification ("ASC") Topic 220, Comprehensive Income, to require all non-owner changes in shareholders’ equity to be presented in either a single continuous statement of comprehensive income or in two separate but consecutive statements. Under this amendment, an entity is required to present each component of net income along with total net income, each component of other comprehensive income along with a total for other comprehensive income, and a total amount for comprehensive income. An entity will no longer be permitted to present the components of other comprehensive income as part of the statement of equity. The Company adopted the new presentation requirements as of October 1, 2012. The adoption of the new presentation requirements did not have a material impact on the Company’s financial condition, results of operations or cash flows.

3.    Discontinued Operations

In April 2012, the Company discontinued production of mobile medical trailers in the United States, which were sold under the Oshkosh Specialty Vehicles brand name. In August 2012, the Company sold its interest in SMIT, a European mobile medical trailer manufacturer, for nominal cash consideration. In March 2013, the Company discontinued production of ambulances, which were sold under the Medtec brand name. All three businesses were previously included in the Company's fire & emergency segment. Due to the sale and/or closure of these businesses, they have been segregated from continuing operations and reported as discontinued operations in the Condensed Consolidated Statements of Income. Results of discontinued operations were the following (in millions):

	Three Months Ended						Six Months Ended
	March 31						March 31,
	2013			2012			2013			2012
Net sales	$	9.0		$	13.0		$	20.2		$	23.1
Cost of sales	7.9			17.7			18.8			30.2
Gross income (loss)	1.1			(4.7		)	1.4			(7.1		)
Operating expenses:
Selling, general and administrative	—			3.3			(0.2		)	4.5
Amortization of purchased intangibles	—			0.2			—			0.4
Total operating expenses	—			3.5			(0.2		)	4.9
Operating income (loss)	1.1			(8.2		)	1.6			(12.0		)
Other income (expense)	(0.1		)	(0.2		)	(0.4		)	(0.3		)
Income (loss) before income taxes	1.0			(8.4		)	1.2			(12.3		)
Provision for (benefit from) income taxes	0.4			(2.8		)	0.4			(4.1		)
Income (loss) from discontinued operations, net of tax	$	0.6		$	(5.6	)	$	0.8		$	(8.2	)

6

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

4.Receivables

Receivables consisted of the following (in millions):

	March 31,			September 30,
	2013			2012
U.S. government:
Amounts billed	$	141.4		$	99.2
Costs and profits not billed	54.2			251.7
	195.6			350.9
Other trade receivables	749.7			633.0
Finance receivables	5.5			5.2
Notes receivable	23.9			24.6
Other receivables	33.0			35.6
	1,007.7			1,049.3
Less allowance for doubtful accounts	(23.3		)	(18.0		)
	$	984.4		$	1,031.3

Costs and profits not billed generally result from undefinitized change orders on existing long-term contracts and “not-to-exceed” undefinitized contracts whereby the Company cannot invoice the customer the full price under the contract or contract change order until such contract or change order is definitized and agreed to with the customer following a review of costs under such a contract or change order, even though the contract deliverables may have been met. Definitization of a change order on an existing long-term contract or a sole source contract begins when the U.S. government customer undertakes a detailed review of the Company’s submitted costs and proposed margin related to the contract and concludes with a final change order. The Company recognizes revenue on undefinitized contracts to the extent that it can reasonably and reliably estimate the expected final contract price and when collectability is reasonably assured. At March 31, 2013, the Company had recorded $89.8 million of revenue on contracts which remained undefinitized as of that date. To the extent that contract definitization results in changes to previously estimated or incurred costs or revenues, the Company records those adjustments as a change in estimate. The Company recorded income (expense) of $3.3 million and $(2.8) million for the six months ended March 31, 2013 and 2012, respectively, related to changes in estimates on these contracts. The changes increased (decreased) net income by $2.1 million, or $0.02 per share, and $(1.8) million, or $(0.02) per share, respectively. 

Classification of receivables in the Condensed Consolidated Balance Sheets consisted of the following (in millions):

	March 31,		September 30,
	2013		2012
Current receivables	$	970.3	$	1,018.6
Long-term receivables	14.1		12.7
	$	984.4	$	1,031.3

Finance Receivables: Finance receivables represent sales-type leases resulting from the sale of the Company's products and the purchase of finance receivables from lenders pursuant to customer defaults under program agreements with finance companies. Finance receivables originated by the Company generally include a residual value component. Residual values are determined based on the expectation that the underlying equipment will have a minimum fair market value at the end of the lease term. This residual value accrues to the Company at the end of the lease. The Company uses its experience and knowledge as an original equipment manufacturer and participant in end markets for the related products along with third-party studies to estimate residual values. The Company monitors these values for impairment on a periodic basis and reflects any resulting reductions in value in current earnings. Finance receivables are written down if management determines that the specific borrower does not have the ability to repay the loan amounts due in full.

7

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Finance receivables consisted of the following (in millions):

	March 31,			September 30,
	2013			2012
Finance receivables	$	6.4		$	6.0
Less unearned income	(0.9		)	(0.8		)
Net finance receivables	5.5			5.2
Less allowance for doubtful accounts	(1.3		)	(1.4		)
	$	4.2		$	3.8

Contractual maturities of the Company’s finance receivables at March 31, 2013 were as follows: 2013 (remaining six months) - $2.4 million; 2014 - $1.3 million; 2015 - $0.8 million; 2016 - $0.4 million; 2017 - $0.4 million; 2018 - $0.4 million; and thereafter - $0.7 million. Historically, obligors have paid off finance receivables prior to their contractual due dates, although actual repayment timing is impacted by a number of factors, including the economic environment at the time. As a result, contractual maturities are not to be regarded as a forecast of future cash flows.

Delinquency is the primary indicator of credit quality of finance receivables. The Company maintains a general allowance for finance receivables considered doubtful of future collection based upon historical experience. Additional allowances are established based upon the Company’s perception of the quality of the finance receivables, including the length of time the receivables are past due, past experience of collectability and underlying economic conditions. In circumstances where the Company believes collectability is no longer reasonably assured, a specific allowance is recorded to reduce the net recognized receivable to the amount reasonably expected to be collected. The terms of the finance agreements generally give the Company the ability to take possession of the underlying collateral. The Company may incur losses in excess of recorded allowances if the financial condition of its customers were to deteriorate or the full amount of any anticipated proceeds from the sale of the collateral supporting its customers’ financial obligations is not realized.

Notes Receivable: Notes receivable include amounts related to refinancing of trade accounts and finance receivables. As of March 31, 2013, approximately 93% of the notes receivable balance outstanding was due from two parties. The Company routinely evaluates the creditworthiness of its customers and establishes reserves where the Company believes collectability is no longer reasonably assured. Notes receivable are written down if management determines that the specific borrower does not have the ability to repay the loan in full. Certain notes receivable are collateralized by a security interest in the underlying assets and/or other assets owned by the debtor. The Company may incur losses in excess of recorded allowances if the financial condition of its customers were to deteriorate or the full amount of any anticipated proceeds from the sale of the collateral supporting its customers' financial obligations is not realized.

Quality of Finance and Notes Receivable: The Company does not accrue interest income on finance and notes receivables in circumstances where the Company believes collectability is no longer reasonably assured. Any cash payments received on nonaccrual finance and notes receivable are applied first to principal balances. The Company does not resume accrual of interest income until the customer has shown that it is capable of meeting its financial obligations by making timely payments over a sustained period of time. The Company determines past due or delinquency status based upon the due date of the receivable.

8

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Finance and notes receivable aging and accrual status consisted of the following (in millions):

	Finance Receivables						Notes Receivables
	March 31, 2013			September 30, 2012			March 31,  2013			September 30, 2012
Aging of receivables that are past due:
Greater than 30 days and less than 60 days	$	0.1		$	0.1		$	—		$	—
Greater than 60 days and less than 90 days	0.1			—			—			—
Greater than 90 days	1.5			1.3			—			—
Receivables on nonaccrual status	3.1			3.4			18.9			19.0
Receivables past due 90 days or more and still accruing	—			—			—			—
Receivables subject to general reserves	0.4			1.5			1.6			—
Allowance for doubtful accounts	—			—			—			—
Receivables subject to specific reserves	5.1			3.7			22.3			24.6
Allowance for doubtful accounts	(1.3		)	(1.4		)	(11.0		)	(8.0		)

Receivables subject to specific reserves also include loans that the Company has modified in troubled debt restructurings as a concession to customers experiencing financial difficulty. To minimize the economic loss, the Company may modify certain finance and notes receivable. Modifications generally consist of restructured payment terms and time frames in which no payments are required. At March 31, 2013, restructured finance receivables and notes receivables were $4.1 million and $23.1 million, respectively. Losses on troubled debt restructurings were not significant during the three and six months ended March 31, 2013.

Changes in the Company’s allowance for doubtful accounts were as follows (in millions):

	Three Months Ended March 31, 2013											Three Months Ended March 31, 2012
	Finance			Notes		Trade and Other			Total			Finance			Notes			Trade and Other			Total
Allowance for doubtful accounts at beginning of period	$	1.5		$	8.0	$	9.0		$	18.5		$	3.7		$	8.7		$	8.7		$	21.1
Provision for doubtful accounts, net of recoveries	(0.2		)	3.0		2.4			5.2			(0.6		)	(0.2		)	1.7			0.9
Charge-off of accounts	—			—		(0.4		)	(0.4		)	—			—			(0.2		)	(0.2		)
Foreign currency translation	—			—		—			—			—			—			—			—
Allowance for doubtful accounts at end of period	$	1.3		$	11.0	$	11.0		$	23.3		$	3.1		$	8.5		$	10.2		$	21.8

	Six Months Ended March 31, 2013											Six Months Ended March 31, 2012
	Finance			Notes		Trade and Other			Total			Finance			Notes			Trade and Other			Total
Allowance for doubtful accounts at beginning of period	$	1.4		$	8.0	$	8.6		$	18.0		$	11.5		$	8.9		$	9.1		$	29.5
Provision for doubtful accounts, net of recoveries	(0.1		)	3.0		2.8			5.7			(3.1		)	(0.2		)	2.3			(1.0		)
Charge-off of accounts	—			—		(0.4		)	(0.4		)	(5.3		)	(0.2		)	(1.2		)	(6.7		)
Foreign currency translation	—			—		—			—			—			—			—			—
Allowance for doubtful accounts at end of period	$	1.3		$	11.0	$	11.0		$	23.3		$	3.1		$	8.5		$	10.2		$	21.8

9

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

5.    Inventories

Inventories consisted of the following (in millions):

		March 31,			September 30,
		2013			2012
Raw materials		$	462.8		$	558.0
Partially finished products		317.6			318.3
Finished products		499.0			371.0
Inventories at FIFO cost		1,279.4			1,247.3
Less:	Progress/performance-based payments on U.S. government contracts	(144.7		)	(238.0		)
	Excess of FIFO cost over LIFO cost	(74.0		)	(71.8		)
		$	1,060.7		$	937.5

Title to all inventories related to U.S. government contracts, which provide for progress or performance-based payments, vests with the U.S. government to the extent of unliquidated progress or performance-based payments. Finished goods inventory at March 31, 2013 included approximately $175 million of inventory related to an international defense order, which will be shipped and recognized as sales in the third and fourth quarters of fiscal 2013.

6.    Investments in Unconsolidated Affiliates

Investments in unconsolidated affiliates are accounted for under the equity method and consisted of the following (in millions):

	March 31,		September 30,
	2013		2012
RiRent (The Netherlands)	$	10.9	$	10.5
Other	9.2		8.3
	$	20.1	$	18.8

Recorded investments generally represent the Company’s maximum exposure to loss as a result of the Company’s ownership interest. Earnings or losses are reflected in “Equity in earnings of unconsolidated affiliates” in the Condensed Consolidated Statements of Income.

The Company and an unaffiliated third party are joint venture partners in RiRent Europe BV ("RiRent"). RiRent maintains a fleet of access equipment for short-term lease to rental companies throughout most of Europe. The re-rental fleet provides rental companies with equipment to support requirements on short notice. RiRent does not provide services directly to end users. The Company’s sales to RiRent were $0.2 million and $1.7 million for the six months ended March 31, 2013 and 2012, respectively. The Company recognizes income on sales to RiRent at the time of shipment in proportion to the outside third-party interest in RiRent and recognizes the remaining income ratably over the estimated useful life of the equipment, which is generally five years. Indebtedness of RiRent is secured by the underlying leases and assets of RiRent. All such RiRent indebtedness is non-recourse to the Company and its partner. Under RiRent’s €15.0 million bank credit facility, the partners of RiRent have committed to maintain an overall equity to asset ratio of at least 30.0% (71.2% as of March 31, 2013).

10

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

7.    Property, Plant and Equipment

Property, plant and equipment consisted of the following (in millions):

	March 31,			September 30,
	2013			2012
Land and land improvements	$	46.1		$	45.8
Buildings	237.4			236.3
Machinery and equipment	560.5			550.6
Equipment on operating lease to others	20.9			23.8
	864.9			856.5
Less accumulated depreciation	(507.7		)	(486.6		)
	$	357.2		$	369.9

Depreciation expense recorded in continuing operations was $32.0 million and $31.8 million for the six months ended March 31, 2013 and 2012, respectively. Capitalized interest was insignificant for all reported periods.

Equipment on operating lease to others represents the cost of equipment shipped to customers for whom the Company has guaranteed the residual value and equipment on short-term leases. These transactions are accounted for as operating leases with the related assets capitalized and depreciated over their estimated economic lives of five to ten years. Cost less accumulated depreciation for equipment on operating lease to others at March 31, 2013 and September 30, 2012 was $15.3 million and $9.4 million, respectively.

8.    Goodwill and Purchased Intangible Assets

Goodwill and other indefinite-lived intangible assets are not amortized, but are reviewed for impairment annually, or more frequently if potential interim indicators exist that could result in impairment. The Company performs its annual impairment test in the fourth quarter of its fiscal year.

The following table presents changes in goodwill during the six months ended March 31, 2013 (in millions):

	Access Equipment			Fire & Emergency		Commercial			Total
Net goodwill at September 30, 2012	$	906.1		$	106.1	$	21.6		$	1,033.8
Foreign currency translation	(0.5		)	—		(0.1		)	(0.6		)
Net goodwill at March 31, 2013	$	905.6		$	106.1	$	21.5		$	1,033.2

The following table presents details of the Company’s goodwill allocated to the reportable segments (in millions):

	March 31, 2013							September 30, 2012
	Gross		Accumulated Impairment			Net		Gross		Accumulated Impairment			Net
Access equipment	$	1,837.7	$	(932.1	)	$	905.6	$	1,838.2	$	(932.1	)	$	906.1
Fire & emergency	114.3		(8.2		)	106.1		114.3		(8.2		)	106.1
Commercial	197.4		(175.9		)	21.5		197.5		(175.9		)	21.6
	$	2,149.4	$	(1,116.2	)	$	1,033.2	$	2,150.0	$	(1,116.2	)	$	1,033.8

11

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Details of the Company’s total purchased intangible assets were as follows (in millions):

	March 31, 2013
	Weighted- Average Life	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Distribution network	39.1	$	55.4	$	(22.9	)	$	32.5
Non-compete	10.5	56.3		(56.0		)	0.3
Technology-related	11.9	104.3		(62.5		)	41.8
Customer relationships	12.7	562.1		(286.2		)	275.9
Other	16.6	16.6		(13.1		)	3.5
	14.4	794.7		(440.7		)	354.0
Non-amortizable trade names		396.2		—			396.2
		$	1,190.9	$	(440.7	)	$	750.2

	September 30, 2012
	Weighted- Average Life	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Distribution network	39.1	$	55.4	$	(22.2	)	$	33.2
Non-compete	10.5	56.9		(55.5		)	1.4
Technology-related	12.0	100.9		(58.4		)	42.5
Customer relationships	12.7	563.8		(265.5		)	298.3
Other	16.5	16.6		(12.8		)	3.8
	14.4	793.6		(414.4		)	379.2
Non-amortizable trade names		396.2		—			396.2
		$	1,189.8	$	(414.4	)	$	775.4

Amortization expense recorded in continuing operations was $28.9 million and $29.3 million for the six months ended March 31, 2013 and 2012, respectively. The estimated future amortization expense of purchased intangible assets for the remainder of fiscal 2013 and the five years succeeding September 30, 2013 are as follows: 2013 (remaining six months) - $27.5 million; 2014 - $55.0 million; 2015 - $54.2 million; 2016 - $53.7 million; 2017 - $45.9 million and 2018 - $38.1 million.

12

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

9.    Credit Agreements

The Company was obligated under the following debt instruments (in millions):

	March 31,			September 30,
	2013			2012
Senior Secured Term Loan	$	455.0		$	455.0
8¼% Senior notes due March 2017	250.0			250.0
8½% Senior notes due March 2020	250.0			250.0
	955.0			955.0
Less current maturities	(32.5		)	—
	$	922.5		$	955.0
Revolving Credit Facility	$	—		$	—
Current maturities of long-term debt	32.5			—
	$	32.5		$	—

The Company maintains a senior secured credit agreement with various lenders (the “Credit Agreement”). The Credit Agreement provides for (i) a revolving credit facility (“Revolving Credit Facility”) that matures in October 2015 with an initial maximum aggregate amount of availability of $525 million and (ii) a $455 million term loan (“Term Loan”) facility due in quarterly principal installments of $16.25 million commencing December 31, 2013 with a balloon payment of $341.25 million due at maturity in October 2015. At March 31, 2013, outstanding letters of credit of $186.5 million reduced available capacity under the Revolving Credit Facility to $338.5 million.

The Company’s obligations under the Credit Agreement are guaranteed by certain of its domestic subsidiaries, and the Company will guarantee the obligations of certain of its subsidiaries under the Credit Agreement to the extent such subsidiaries borrow directly under the Credit Agreement. Subject to certain exceptions, the Credit Agreement is secured by (i) a first-priority perfected lien and security interests in substantially all of the personal property of the Company, each material subsidiary of the Company and each subsidiary guarantor, (ii) mortgages upon certain real property of the Company and certain of its domestic subsidiaries and (iii) a pledge of the equity of each material subsidiary and each subsidiary guarantor.

Under the Credit Agreement, the Company must pay (i) an unused commitment fee ranging from 0.25% to 0.50% per annum of the average daily unused portion of the aggregate revolving credit commitments under the Credit Agreement and (ii) a fee ranging from 0.75% to 1.25% per annum of the maximum amount available to be drawn for each performance letter of credit issued and outstanding under the Credit Agreement.

Borrowings under the Credit Agreement bear interest at a variable rate equal to (i) LIBOR plus a specified margin, which may be adjusted upward or downward depending on whether certain criteria are satisfied, or (ii) for dollar-denominated loans only, the base rate (which is the highest of (a) the administrative agent’s prime rate, (b) the federal funds rate plus 0.50% or (c) the sum of 1% plus one-month LIBOR) plus a specified margin, which may be adjusted upward or downward depending on whether certain criteria are satisfied. At March 31, 2013, the interest spread on the Revolving Credit Facility and Term Loan was 175 basis points. The weighted-average interest rate on borrowings outstanding under the Term Loan at March 31, 2013 was 1.95%.

The Credit Agreement contains various restrictions and covenants, including requirements that the Company maintain certain financial ratios at prescribed levels and restrictions on the ability of the Company and certain of its subsidiaries to consolidate or merge, create liens, incur additional indebtedness, dispose of assets, consummate acquisitions and make investments in joint ventures and foreign subsidiaries.

13

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

The Credit Agreement contains the following financial covenants:

• Leverage Ratio: A maximum leverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated indebtedness to consolidated net income before interest, taxes, depreciation, amortization, non-cash charges and certain other items (“EBITDA”)) as of the last day of any fiscal quarter of 4.50 to 1.0.

• Interest Coverage Ratio: A minimum interest coverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated EBITDA to the Company’s consolidated cash interest expense) as of the last day of any fiscal quarter of 2.50 to 1.0.

• Senior Secured Leverage Ratio: A maximum senior secured leverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated secured indebtedness to the Company’s consolidated EBITDA) of 2.75 to 1.0.

The Company was in compliance with the financial covenants contained in the Credit Agreement as of March 31, 2013 and expects to be able to meet the financial covenants contained in the Credit Agreement over the next twelve months.

Additionally, with certain exceptions, the Credit Agreement limits the ability of the Company to pay dividends and other distributions, including repurchases of shares of the Company's Common Stock. However, so long as no event of default exists under the Credit Agreement or would result from such payment, the Company may pay dividends and other distributions after April 1, 2012 in an aggregate amount not exceeding the sum of:

i. $485 million; plus

ii. 50% of the consolidated net income of the Company and its subsidiaries (or if such consolidated net income is a deficit, minus 100% of such deficit), accrued on a cumulative basis during the period beginning on April 1, 2012 and ending on the last day of the fiscal quarter immediately preceding the date of the applicable proposed dividend or distribution; plus

iii. 100% of the aggregate net proceeds received by the Company subsequent to March 31, 2012 either as a contribution to its common equity capital or from the issuance and sale of its Common Stock.

In March 2010, the Company issued $250.0 million of 8¼% unsecured senior notes due March 1, 2017 and $250.0 million of 8½% unsecured senior notes due March 1, 2020 (collectively, the “Senior Notes”). The Senior Notes were issued pursuant to an indenture (the “Indenture”) among the Company, the subsidiary guarantors named therein and a trustee. The Indenture contains customary affirmative and negative covenants. The Company has the option to redeem the Senior Notes due 2017 and Senior Notes due 2020 for a premium after March 1, 2014 and March 1, 2015, respectively. Certain of the Company’s subsidiaries fully, unconditionally, jointly and severally guarantee the Company’s obligations under the Senior Notes. See Note 23 of the Notes to Condensed Consolidated Financial Statements for separate financial information of the subsidiary guarantors.

The fair value of the long-term debt is estimated based upon the market rate of the Company’s debt. At March 31, 2013, the fair value of the Senior Notes was estimated to be $550 million and the fair value of the Term Loan approximated book value.

10.    Warranties

The Company’s products generally carry explicit warranties that extend from six months to five years, based on terms that are generally accepted in the marketplace. Selected components (such as engines, transmissions, tires, etc.) included in the Company’s end products may include manufacturers’ warranties. These manufacturers’ warranties are generally passed on to the end customer of the Company’s products, and the customer would generally deal directly with the component manufacturer.

14

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Changes in the Company’s warranty liability were as follows (in millions):

	Six Months Ended March 31,
	2013			2012
Balance at beginning of period	$	95.0		$	75.0
Warranty provisions	24.3			26.8
Settlements made	(25.0		)	(24.2		)
Changes in liability for pre-existing warranties, net	3.6			2.6
Foreign currency translation	(1.0		)	0.7
Balance at end of period	$	96.9		$	80.9

Provisions for estimated warranty and other related costs are recorded at the time of sale and are periodically adjusted to reflect actual experience. Certain warranty and other related claims involve matters of dispute that ultimately are resolved by negotiation, arbitration or litigation. At times, warranty issues arise that are beyond the scope of the Company's historical experience. It is reasonably possible that additional warranty and other related claims could arise from disputes or other matters in excess of amounts accrued; however, the Company does not expect that any such amounts, while not determinable, would have a material adverse effect on the Company's consolidated financial condition, results of operations or cash flows.

11.    Guarantee Arrangements

The Company is party to multiple agreements whereby it guarantees an aggregate of $365.7 million in indebtedness of customers, including $128.0 million under loss pool agreements. The Company estimated that its maximum loss exposure under these contracts at March 31, 2013 was $89.2 million. Under the terms of these and various related agreements and upon the occurrence of certain events, the Company generally has the ability to, among other things, take possession of the underlying collateral. If the financial condition of the customers were to deteriorate and result in their inability to make payments, then additional accruals may be required. While the Company does not expect to experience losses under these agreements that are materially in excess of the amounts reserved, it cannot provide any assurance that the financial condition of the customers will not deteriorate resulting in the customers' inability to meet their obligations. In the event that this occurs, the Company cannot guarantee that the collateral underlying the agreements will be sufficient to avoid losses materially in excess of the amounts reserved. Any losses under these guarantees would generally be mitigated by the value of any underlying collateral, including financed equipment, and are generally subject to the finance company's ability to provide the Company clear title to foreclosed equipment and other conditions. During periods of economic weakness, collateral values generally decline and can contribute to higher exposure to losses.

Changes in the Company’s credit guarantee liability were as follows (in millions):

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Balance at beginning of period	$	4.7		$	4.7		$	5.0		$	6.5
Provision for new credit guarantees	0.4			0.5			0.4			0.7
Settlements made	—			—			(0.1		)	(0.5		)
Changes for pre-existing guarantees, net	(0.2		)	(0.6		)	(0.3		)	(1.7		)
Amortization of previous guarantees	(0.1		)	(0.1		)	(0.2		)	(0.5		)
Foreign currency translation	—			0.1			—			0.1
Balance at end of period	$	4.8		$	4.6		$	4.8		$	4.6

15

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

12.    Oshkosh Corporation Shareholders' Equity

On October 25, 2012, the Company's Board of Directors adopted a shareholder rights plan (the "Rights Plan") and declared a dividend of one preferred stock purchase right (a “right”) for each outstanding share of the Company's Common Stock to shareholders of record at the close of business on November 5, 2012. On January 4, 2013, the Board of Directors approved, and the Company entered into, an amendment to the Rights Plan accelerating the expiration date of the Rights Plan to January 7, 2013. As a result, the rights expired and the Rights Plan terminated on January 7, 2013.

In July 1995, the Company authorized the repurchase of up to 6,000,000 shares of the Company's Common Stock. In July 2012, the Company's Board of Directors increased the repurchase authorization by 4,000,000 shares of Common Stock. On November 15, 2012, the Company's Board of Directors further increased the repurchase authorization from the then remaining 6,683,825 shares of Common Stock to 11,000,000 shares of Common Stock. During the six months ended March 31, 2013, the Company had repurchased 4,250,072 shares of its Common Stock at an aggregate cost of $125.1 million. As a result, 6,749,928 shares of Common Stock remained under this repurchase authorization at March 31, 2013. The Company is restricted by its Credit Agreement from repurchasing shares in certain situations. See Note 9 of the Notes to Condensed Consolidated Financial Statements for information regarding these restrictions.

13.    Derivative Financial Instruments and Hedging Activities

The Company has used forward foreign currency exchange contracts (“derivatives”) to reduce the exchange rate risk of specific foreign currency denominated transactions. These derivatives typically require the exchange of a foreign currency for U.S. dollars at a fixed rate at a future date. At times, the Company has designated these hedges as either cash flow hedges or fair value hedges under FASB ASC Topic 815, Derivatives and Hedging. At March 31, 2013 and 2012, the Company had no forward foreign exchange contracts designated as hedges.

The Company has entered into forward foreign currency exchange contracts to create an economic hedge to manage foreign exchange risk exposure associated with non-functional currency denominated payables resulting from global sourcing activities. The Company has not designated these derivative contracts as hedge transactions under FASB ASC Topic 815, and accordingly, the mark-to-market impact of these derivatives is recorded each period in current earnings. The fair value of foreign currency related derivatives is included in the Condensed Consolidated Balance Sheets in “Other current assets” and “Other current liabilities.” At March 31, 2013, the U.S. dollar equivalent of these outstanding forward foreign exchange contracts totaled $118.0 million in notional amounts, including $79.3 million in contracts to sell Euro and $24.4 million in contracts to sell Australian dollars, with the remaining contracts covering a variety of foreign currencies.

Fair Market Value of Financial Instruments — The fair values of all open derivative instruments in the Condensed Consolidated Balance Sheets were as follows (in millions):

	March 31, 2013				September 30, 2012
	Other Current Assets		Other Current Liabilities		Other Current Assets		Other Current Liabilities
Not designated as hedging instruments:
Foreign exchange contracts	$	1.5	$	0.4	$	0.4	$	—

16

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

The pre-tax effects of derivative instruments on the Condensed Consolidated Statements of Income consisted of the following (in millions):

	Classification of Gains (Losses)	Three Months Ended March 31,					Six Months Ended March 31,
		2013		2012			2013		2012
Cash flow hedges:
Reclassified from other comprehensive income (effective portion):
Interest rate contracts	Interest expense	$	—	$	—		$	—	$	(2.2	)
Not designated as hedges:
Foreign exchange contracts	Miscellaneous, net	2.1		(4.0		)	0.1		(6.9		)
		$	2.1	$	(4.0	)	$	0.1	$	(9.1	)

14.    Fair Value Measurement

FASB ASC Topic 820, Fair Value Measurements and Disclosures, defines fair value as the price that would be received to sell an asset or paid to transfer a liability (i.e., exit price) in an orderly transaction between market participants at the measurement date. FASB ASC Topic 820 requires disclosures that categorize assets and liabilities measured at fair value into one of three different levels depending on the assumptions (i.e., inputs) used in the valuation. Level 1 provides the most reliable measure of fair value, while Level 3 generally requires significant management judgment. The three levels are defined as follows:

Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities.

Level 2: Observable inputs other than quoted prices in active markets for identical assets or liabilities, such as quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets.

Level 3: Unobservable inputs reflecting management's own assumptions about the inputs used in pricing the asset or liability.

There were no transfers of assets between levels during the three months ended March 31, 2013.

As of March 31, 2013, the fair values of the Company’s financial assets and liabilities were as follows (in millions):

	Level 1		Level 2		Level 3		Total
Assets:
Foreign currency exchange derivatives (a)	$	—	$	1.5	$	—	$	1.5
Liabilities:
Foreign currency exchange derivatives (a)	$	—	$	0.4	$	—	$	0.4

_________________________

^(a)  Based on observable market transactions of forward currency prices.

17

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

15.    Stock-Based Compensation

In February 2009, the Company’s shareholders approved the 2009 Incentive Stock and Awards Plan. In January 2012, the Company's shareholders approved amendments to the 2009 Incentive Stock and Awards Plan (as amended, the “2009 Stock Plan”) to add 6,000,000 shares to the number of shares available for issuance under the plan. The 2009 Stock Plan replaced the 2004 Incentive Stock and Awards Plan, as amended (the “2004 Stock Plan”) and 1990 Incentive Stock Plan, as amended (the “1990 Stock Plan”). While no new awards will be granted under the 2004 Stock Plan and 1990 Stock Plan, awards previously made under these two plans that remained outstanding as of the initial approval date of the 2009 Stock Plan will remain outstanding and continue to be governed by the provisions of those plans.

Under the 2009 Stock Plan, officers, directors, including non-employee directors, and employees of the Company may be granted stock options, stock appreciation rights (“SAR”), performance shares, performance units, shares of Common Stock, restricted stock, restricted stock units (“RSU”) or other stock-based awards. The 2009 Stock Plan provides for the granting of options to purchase shares of the Company’s Common Stock at not less than the fair market value of such shares on the date of grant. Stock options granted under the 2009 Stock Plan generally become exercisable in equal installments over a three-year period, beginning with the first anniversary of the date of grant of the option, unless a shorter or longer duration is established by the Human Resources Committee of the Board of Directors at the time of the option grant. Stock options terminate not more than seven years from the date of grant. Except for performance shares and performance units, vesting is based solely on continued service as an employee of the Company. At March 31, 2013, the Company had reserved 9,944,976 shares of Common Stock available for issuance under the 2009 Stock Plan to provide for the exercise of outstanding stock options and the issuance of Common Stock under incentive compensation awards, including awards issued prior to the effective date of the 2009 Stock Plan.

The Company recognizes compensation expense over the requisite service period for vesting of an award, or to an employee's eligible retirement date, if earlier and applicable. Total stock-based compensation expense included in the Condensed Consolidated Statements of Income for the three and six months ended March 31, 2013 was $12.3 million ($7.8 million net of tax) and $18.7 million ($11.9 million net of tax), respectively. Total stock-based compensation expense included in the Company's Condensed Consolidated Statements of Income for the three and six months ended March 31, 2012 was $5.8 million ($3.7 million net of tax) and $10.2 million ($6.5 million net of tax), respectively.

16.    Restructuring and Other Charges

Pre-tax restructuring charges (credits) included in continuing operations for the three and six months ended March 31, 2013 and 2012 were as follows (in millions):

	Three Months Ended March 31, 2013								Three Months Ended March 31, 2012
	Cost of Sales			Selling, General and Administrative		Total			Cost of Sales			Selling, General and Administrative		Total
Access equipment	$	(0.2	)	$	—	$	(0.2	)	$	(0.1	)	$	—	$	(0.1	)
Defense	0.5			—		0.5			—			—		—
Fire & emergency	—			—		—			0.2			0.2		0.4
Commercial	—			—		—			0.1			—		0.1
	$	0.3		$	—	$	0.3		$	0.2		$	0.2	$	0.4

18

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

	Six Months Ended March 31, 2013								Six Months Ended March 31, 2012
	Cost of Sales			Selling, General and Administrative		Total			Cost of Sales			Selling, General and Administrative		Total
Access equipment	$	(0.2	)	$	—	$	(0.2	)	$	(0.6	)	$	—	$	(0.6	)
Defense	0.5			—		0.5			—			—		—
Fire & emergency	—			—		—			0.2			0.3		0.5
Commercial	—			—		—			0.1			—		0.1
	$	0.3		$	—	$	0.3		$	(0.3	)	$	0.3	$	—

Changes in the Company’s restructuring reserves, included within “Other current liabilities” in the Condensed Consolidated Balance Sheets, were as follows (in millions):

	Employee Severance and Termination Benefits
Balance at September 30, 2012	$	1.9
Restructuring provisions	0.3
Utilized - cash	(0.1		)
Foreign currency translation	0.1
Balance at March 31, 2013	$	2.2

17.    Employee Benefit Plans

Defined Benefit Plans - Oshkosh and certain of its subsidiaries sponsor multiple defined benefit pension plans covering certain Oshkosh and Pierce Manufacturing Inc. ("Pierce") employees. The benefits provided are based primarily on average compensation, years of service and date of birth. Hourly plans are generally based on years of service and a benefit dollar multiplier. The Company periodically amends the plans, including changing the benefit dollar multipliers and other revisions. In September 2012, the Company amended its Oshkosh and Pierce defined benefit plans, freezing benefit accruals for Oshkosh and Pierce salaried employees effective December 31, 2012. The amendment provided that salaried participants in the Oshkosh and Pierce pension plans would not receive credit, other than for vesting purposes, for eligible earnings paid for any month of service worked after the effective date. All accrued benefits under the plans as of the effective date remained intact, and service credits for vesting and retirement eligibility continued in accordance with the terms of the plans. As a result of the formal decision to freeze the plans benefit accruals, net periodic benefit costs decreased significantly in fiscal 2013. The pension benefit is expected to be offset by additional employer contributions to the Company's defined contribution plan which began in January 2013.

Postretirement Medical Plans - Oshkosh and certain of its subsidiaries sponsor multiple postretirement benefit plans covering Oshkosh, JLG Industries, Inc. and Kewaunee Fabrications, LLC hourly and salaried active employees, retirees and their spouses. The plans generally provide health benefits based on years of service and date of birth. These plans are unfunded. In September 2012, the Oshkosh plan was amended to eliminate postretirement benefits coverage for salaried employees retiring at age 55 or older effective December 31, 2012, except for existing eligible employees who are at least age 55 with at least five years of service by December 31, 2012 who elect to retire on or before December 31, 2013.

19

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Components of net periodic pension benefit cost were as follows (in millions):

	Three Months Ended						Six Months Ended
	March 31,						March 31,
	2013			2012			2013			2012
Components of net periodic benefit cost
Service cost	$	3.6		$	5.5		$	7.6		$	11.1
Interest cost	4.0			4.1			8.0			8.2
Expected return on plan assets	(4.1		)	(3.9		)	(8.3		)	(7.8		)
Amortization of prior service cost	0.4			0.6			0.9			1.2
Curtailment	1.9			—			2.8			—
Amortization of net actuarial loss	1.1			1.8			2.2			3.6
Net periodic benefit cost	$	6.9		$	8.1		$	13.2		$	16.3

In connection with staffing reductions in the defense segment as a result of declining sales to the U.S. Department of Defense ("DoD"), pension curtailment charges of $1.9 million and $2.8 million were recorded for the three and six months ended

March 31, 2013. The Company expects to contribute between $10.0 million and $15.0 million to its pension plans in fiscal 2013 compared to $35.8 million in fiscal 2012.

Components of net periodic other post-employment benefit cost were as follows (in millions):

	Three Months Ended					Six Months Ended
	March 31,					March 31,
	2013			2012		2013			2012
Components of net periodic benefit cost
Service cost	$	1.8		$	1.8	$	3.8		$	3.6
Interest cost	0.8			0.8		1.6			1.7
Amortization of prior service cost	(0.1		)	—		(0.2		)	—
Curtailment	(1.0		)	—		(1.0		)	—
Amortization of net actuarial loss	0.3			0.3		0.6			0.6
Net periodic benefit cost	$	1.8		$	2.9	$	4.8		$	5.9

In connection with staffing reductions in the defense segment, an other post-employment curtailment benefit of $1.0 million was recorded for the three and six months ended March 31, 2013. The Company made contributions to fund benefit payments of $0.8 million and $0.7 million for the six months ended March 31, 2013 and 2012, respectively, under its other post-employment benefit plans. The Company estimates that it will make additional contributions of approximately $0.8 million under these other post-employment benefit plans prior to the end of fiscal 2013.

401(k) Plans - The Company has defined contribution 401(k) plans covering substantially all domestic employees. Amounts expensed for Company matching and discretionary contributions were $8.1 million and $4.6 million for the three months ended March 31, 2013 and 2012, respectively. Amounts expensed for Company matching and discretionary contributions were $13.4 million and $9.5 million for the six months ended March 31, 2013 and 2012, respectively. The increase in defined contribution costs during fiscal 2013 was generally a result of Company contributions beginning in January 2013 to the defined benefit replacement plan.

18.    Income Taxes

The Company's effective income tax rate was 29.9% and 30.3% of pre-tax income for the six months ended March 31, 2013 and 2012, respectively. The effective income tax rate for the six months ended March 31, 2013 was favorably impacted by the reinstatement of the U.S. research and development income tax credit (250 basis points) and reported lower foreign income taxes (400 basis points). The effective income tax rate for the six months ended March 31, 2012 was favorably impacted by net discrete tax benefits aggregating 660 basis points including adjustments to reflect positions taken on previously filed tax returns

20

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

(270 basis points), the settlement of foreign tax audits (200 basis points) and reductions of the liability for unrecognized tax benefits related to the expiration of statutes of limitations (80 basis points).

The Company’s liability for gross unrecognized tax benefits, excluding related interest and penalties, was $36.3 million and $33.9 million as of March 31, 2013 and September 30, 2012, respectively. As of March 31, 2013, net unrecognized tax benefits, excluding interest and penalties, of $25.2 million would affect the Company’s net income if recognized, including $24.6 million which would impact net income from continuing operations.

The Company recognizes accrued interest and penalties, if any, related to unrecognized tax benefits in the “Provision for income taxes” in the Condensed Consolidated Statements of Income. During the six months ended March 31, 2013 and 2012, the Company recognized a charge of $1.4 million and a benefit of $1.2 million, respectively, related to interest and penalties. At March 31, 2013, the Company had accruals for the payment of interest and penalties of $15.5 million. During the next twelve months, it is reasonably possible that federal, state and foreign tax audit resolutions could reduce unrecognized tax benefits by approximately $2.5 million, because the Company’s tax positions are sustained on audit, the Company agrees to their disallowance or the applicable statutes of limitations expire.

The Company files federal income tax returns, as well as multiple state, local and non-U.S. jurisdiction tax returns. The Company is regularly audited by federal, state and foreign tax authorities. At March 31, 2013, the Company was under audit by the U.S. Internal Revenue Service for the taxable years ended September 30, 2011 and 2010.

19.    Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component were as follows (in millions):

	Three Months Ended March 31, 2013									Six Months Ended March 31, 2013
	Employee Pension and Postretirement Benefits, Net of Tax			Cumulative Translation Adjustments			Accumulated Other Comprehensive Income (Loss)			Employee Pension and Postretirement Benefits, Net of Tax			Cumulative Translation Adjustments			Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	$	(98.6	)	$	6.8		$	(91.8	)	$	(99.6	)	$	(1.8	)	$	(101.4	)
Other comprehensive income (loss) before reclassifications	—			(10.0		)	(10.0		)	—			(1.4		)	(1.4		)
Amounts reclassified from accumulated other comprehensive income (loss)	1.0			—			1.0			2.0			—			2.0
Net current period other comprehensive income (loss)	1.0			(10.0		)	(9.0		)	2.0			(1.4		)	0.6
Balance at end of period	$	(97.6	)	$	(3.2	)	$	(100.8	)	$	(97.6	)	$	(3.2	)	$	(100.8	)

Reclassifications out of accumulated other comprehensive income (loss) included in the computation of net periodic pension cost (refer to Note 17 of the Notes to Condensed Consolidated Financial Statements for additional details regarding employee benefit plans) was as follows (in millions):

Details about Accumulated Other Comprehensive Income (Loss) Components	Three Months Ended March 31, 2013			Six Months Ended March 31, 2013
Amortization of Employee Pension and Postretirement Benefits items
Prior service costs	$	(0.4	)	$	(0.9	)
Actuarial losses	(1.1		)	(2.2		)
Total before tax	(1.5		)	(3.1		)
Tax benefit	0.5			1.1
Net of tax	$	(1.0	)	$	(2.0	)

21

20.    Earnings (Loss) Per Share

Net income (loss) attributable to Oshkosh Corporation common shareholders was as follows (in millions):

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Net income from continuing operations	$	85.9		$	42.9		$	132.2		$	84.4
Less: net earnings allocated to participating securities	(0.5		)	(0.1		)	(0.8		)	(0.2		)
Net income available to Oshkosh Corporation common shareholders	$	85.4		$	42.8		$	131.4		$	84.2
Net income (loss) from discontinued operations	$	0.6		$	(5.6	)	$	0.8		$	(8.2	)

Basic and diluted weighted-average shares used in the denominator of the per share calculations was as follows:

	Three Months Ended March 31,		Six Months Ended March 31,
	2013	2012	2013	2012
Basic weighted-average shares outstanding	87,112,173	91,359,575	88,706,133	91,272,488
Effect of dilutive stock options and equity-based compensation awards	1,454,176	583,987	1,315,578	557,472
Diluted weighted-average shares outstanding	88,566,349	91,943,562	90,021,711	91,829,960

Options to purchase 1,132,150 shares and 1,168,850 shares of Common Stock were outstanding during the three and six months ended March 31, 2013, respectively, but were not included in the computation of diluted earnings per share attributable to Oshkosh Corporation common shareholders because the exercise price of the options was greater than the average market price of the shares of Common Stock and therefore would have been anti-dilutive. Options to purchase 3,097,327 shares of Common Stock were outstanding during the three and six months ended March 31, 2012, but were not included in the computation of diluted earnings per share attributable to Oshkosh Corporation common shareholders because the exercise price of the options was greater than the average market price of the shares of Common Stock and therefore would have been anti-dilutive.

21.    Contingencies, Significant Estimates and Concentrations

Environmental - As part of its routine business operations, the Company disposes of and recycles or reclaims certain industrial waste materials, chemicals and solvents at third-party disposal and recycling facilities, which are licensed by appropriate governmental agencies. In some instances, these facilities have been and may be designated by the United States Environmental Protection Agency (“EPA”) or a state environmental agency for remediation. Under the Comprehensive Environmental Response, Compensation, and Liability Act and similar state laws, each potentially responsible party (“PRP”) that contributed hazardous substances may be jointly and severally liable for the costs associated with cleaning up these sites. Typically, PRPs negotiate a resolution with the EPA and/or the state environmental agencies. PRPs also negotiate with each other regarding allocation of the cleanup costs.

The Company had reserves of $1.9 million and $2.0 million for losses related to environmental matters that were probable and estimable at March 31, 2013 and September 30, 2012, respectively. The amount recorded for identified contingent liabilities is based on estimates. Amounts recorded are reviewed periodically and adjusted to reflect additional technical and legal information that becomes available. Actual costs incurred in future periods may vary from the estimates, given the inherent uncertainties in evaluating certain exposures. Subject to the imprecision in estimating future contingent liability costs, the Company does not expect that any sum it may have to pay in connection with these matters in excess of the amounts recorded will have a material adverse effect on the Company’s financial position, results of operations or cash flows.

Personal Injury Actions and Other - Product and general liability claims are made against the Company from time to time in the ordinary course of business. The Company is generally self-insured for future claims up to $3.0 million per claim. Accordingly, a reserve is maintained for the estimated costs of such claims. At March 31, 2013 and September 30, 2012, reserves for product and general liability claims were $43.9 million and $45.6 million, respectively, based on available information. There

22

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

is inherent uncertainty as to the eventual resolution of unsettled claims. Management, however, believes that any losses in excess of established reserves will not have a material adverse effect on the Company’s financial condition, results of operations or cash flows.

Market Risks - The Company was contingently liable under bid, performance and specialty bonds totaling $244.1 million and open standby letters of credit issued by the Company’s banks in favor of third parties totaling $186.5 million at March 31, 2013.

Other Matters - The Company is subject to other environmental matters and legal proceedings and claims, including patent, antitrust, product liability, warranty and state dealership regulation compliance proceedings that arise in the ordinary course of business. Although the final results of all such matters and claims cannot be predicted with certainty, management believes that the ultimate resolution of all such matters and claims will not have a material adverse effect on the Company’s financial condition, results of operations or cash flows. Actual results could vary due to, among other things, the uncertainties involved in litigation.

22.    Business Segment Information

The Company is organized into four reportable segments based on the internal organization used by management for making operating decisions and measuring performance and based on the similarity of customers served, common management, common use of facilities and economic results attained.

In accordance with FASB ASC Topic 280, Segment Reporting, for purposes of business segment performance measurement, the Company does not allocate to individual business segments costs or items that are of a non-operating nature or organizational or functional expenses of a corporate nature. The caption “Corporate” includes corporate office expenses, share-based compensation, costs of certain business initiatives and shared services benefiting multiple segments and results of insignificant operations. Identifiable assets of the business segments exclude general corporate assets, which principally consist of cash and cash equivalents, certain property, plant and equipment and certain other assets pertaining to corporate activities. Intersegment sales generally include amounts invoiced by a segment for work performed for another segment. Amounts are based on actual work performed and agreed-upon pricing which is intended to be reflective of the contribution made by the supplying business segment.

Selected financial information concerning the Company’s reportable segments and product lines is as follows (in millions):

	Three Months Ended March 31,
	2013								2012
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Access equipment
Aerial work platforms	$	379.3	$	—		$	379.3		$	388.3	$	—		$	388.3
Telehandlers	307.4		—			307.4			239.9		—			239.9
Other	130.7		—			130.7			131.2		1.0			132.2
Total access equipment	817.4		—			817.4			759.4		1.0			760.4
Defense	826.7		0.9			827.6			986.5		0.8			987.3
Fire & emergency	161.8		12.2			174.0			157.7		10.8			168.5
Commercial
Concrete placement	92.2		—			92.2			52.7		—			52.7
Refuse collection	61.3		—			61.3			79.7		—			79.7
Other	25.0		7.0			32.0			26.3		9.0			35.3
Total commercial	178.5		7.0			185.5			158.7		9.0			167.7
Intersegment eliminations	—		(20.1		)	(20.1		)	—		(21.6		)	(21.6		)
Consolidated sales	$	1,984.4	$	—		$	1,984.4		$	2,062.3	$	—		$	2,062.3

23

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

	Six Months Ended March 31,
	2013								2012
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Access equipment
Aerial work platforms	$	631.5	$	—		$	631.5		$	633.6	$	—		$	633.6
Telehandlers	514.3		—			514.3			382.6		—			382.6
Other	252.8		0.1			252.9			248.3		123.6			371.9
Total access equipment	1,398.6		0.1			1,398.7			1,264.5		123.6			1,388.1
Defense	1,654.5		1.8			1,656.3			2,036.7		1.6			2,038.3
Fire & emergency	333.2		22.9			356.1			305.9		15.5			321.4
Commercial
Concrete placement	155.5		—			155.5			99.4		—			99.4
Refuse collection	142.1		—			142.1			175.0		—			175.0
Other	50.3		14.9			65.2			49.3		15.6			64.9
Total commercial	347.9		14.9			362.8			323.7		15.6			339.3
Intersegment eliminations	—		(39.7		)	(39.7		)	—		(156.3		)	(156.3		)
Consolidated sales	$	3,734.2	$	—		$	3,734.2		$	3,930.8	$	—		$	3,930.8

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Operating income (loss) from continuing operations:
Access equipment	$	95.0		$	68.4		$	143.9		$	81.5
Defense	67.0			41.9			127.9			134.3
Fire & emergency	2.7			(3.0		)	8.1			(9.3		)
Commercial	7.6			3.9			15.6			10.8
Corporate	(37.9		)	(27.0		)	(80.6		)	(54.1		)
Intersegment eliminations	0.2			(0.1		)	—			—
Consolidated	134.6			84.1			214.9			163.2
Interest expense net of interest income	(14.7		)	(17.4		)	(28.6		)	(37.3		)
Miscellaneous other income (expense)	0.1			1.3			0.4			(4.3		)
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	$	120.0		$	68.0		$	186.7		$	121.6

24

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

	March 31,		September 30,
	2013		2012
Identifiable assets:
Access equipment:
U.S.	$	1,816.2	$	1,754.6
Europe (a)	702.1		684.2
Rest of World	240.1		283.1
Total access equipment	2,758.4		2,721.9
Defense - U.S.	694.7		684.5
Fire & emergency - U.S.	536.5		534.0
Commercial:
U.S.	316.2		304.5
Rest of World (a)	37.4		37.0
Total commercial	353.6		341.5
Corporate:
U.S. (b)	524.4		658.1
Rest of World	7.0		7.8
Total corporate	531.4		665.9
Consolidated	$	4,874.6	$	4,947.8

_________________________

(a) Includes investments in unconsolidated affiliates.

(b) Primarily includes cash and short-term investments.

The following table presents net sales by geographic region based on product shipment destination (in millions):

	Six Months Ended March 31,
	2013		2012
Net sales:
United States	$	3,016.2	$	3,149.5
Other North America	116.5		109.3
Europe, Africa and Middle East	366.7		421.2
Rest of World	234.8		250.8
Consolidated	$	3,734.2	$	3,930.8

23.    Separate Financial Information of Subsidiary Guarantors of Indebtedness

The Senior Notes are jointly, severally and unconditionally guaranteed on a senior unsecured basis by all of the Company’s existing and future subsidiaries that from time to time guarantee obligations under the Credit Agreement, with certain exceptions (the “Guarantors”). The following condensed supplemental consolidating financial information reflects the summarized financial information of Oshkosh Corporation, the Guarantors on a combined basis and Oshkosh Corporation's non-guarantor subsidiaries on a combined basis (in millions):

25

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Condensed Consolidating Statement of Income

For the Three Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	863.3		$	908.0		$	250.5		$	(37.4	)	$	1,984.4
Cost of sales	771.2			723.2			224.0			(37.4		)	1,681.0
Gross income	92.1			184.8			26.5			—			303.4
Selling, general and administrative expenses	64.0			82.8			7.5			—			154.3
Amortization of purchased intangibles	—			10.0			4.5			—			14.5
Operating income	28.1			92.0			14.5			—			134.6
Interest expense	(50.7		)	(14.0		)	(0.8		)	49.1			(16.4		)
Interest income	0.6			9.1			41.1			(49.1		)	1.7
Miscellaneous, net	12.2			(37.4		)	25.3			—			0.1
Income (loss) from continuing operations before income taxes	(9.8		)	49.7			80.1			—			120.0
Provision for (benefit from) income taxes	(3.0		)	15.4			22.4			—			34.8
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(6.8		)	34.3			57.7			—			85.2
Equity in earnings of consolidated subsidiaries	93.3			28.5			34.8			(156.6		)	—
Equity in earnings (losses) of unconsolidated affiliates	—			—			0.7			—			0.7
Income from continuing operations	86.5			62.8			93.2			(156.6		)	85.9
Discontinued operations, net of tax	—			0.6			—			—			0.6
Net income	86.5			63.4			93.2			(156.6		)	86.5
Net income attributable to the noncontrolling interest	—			—			—			—			—
Net income attributable to Oshkosh Corporation	$	86.5		$	63.4		$	93.2		$	(156.6	)	$	86.5

Condensed Consolidating Statement of Income

For the Three Months Ended March 31, 2012

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	1,016.0		$	847.4		$	249.6		$	(50.7	)	$	2,062.3
Cost of sales	944.7			698.5			225.0			(50.0		)	1,818.2
Gross income	71.3			148.9			24.6			(0.7		)	244.1
Selling, general and administrative expenses	56.3			45.0			44.1			—			145.4
Amortization of purchased intangibles	—			10.0			4.6			—			14.6
Operating income	15.0			93.9			(24.1		)	(0.7		)	84.1
Interest expense	(45.8		)	(19.7		)	(1.2		)	48.7			(18.0		)
Interest income	0.6			7.6			41.1			(48.7		)	0.6
Miscellaneous, net	2.8			(56.2		)	54.7			—			1.3
Income (loss) from continuing operations before income taxes	(27.4		)	25.6			70.5			(0.7		)	68.0
Provision for (benefit from) income taxes	(6.2		)	7.4			23.5			(0.3		)	24.4
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(21.2		)	18.2			47.0			(0.4		)	43.6
Equity in earnings of consolidated subsidiaries	58.7			28.5			20.2			(107.4		)	—
Equity in earnings (losses) of unconsolidated affiliates	(0.2		)	—			0.2			—			—
Income from continuing operations	37.3			46.7			67.4			(107.8		)	43.6
Discontinued operations, net of tax	—			(5.2		)	(0.4		)	—			(5.6		)
Net income	37.3			41.5			67.0			(107.8		)	38.0
Net income attributable to the noncontrolling interest	—			—			(0.7		)	—			(0.7		)
Net income attributable to Oshkosh Corporation	$	37.3		$	41.5		$	66.3		$	(107.8	)	$	37.3

26

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Condensed Consolidating Statement of Income

For the Six Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	1,721.7		$	1,639.5		$	440.7		$	(67.7	)	$	3,734.2
Cost of sales	1,540.4			1,320.3			391.7			(67.6		)	3,184.8
Gross income	181.3			319.2			49.0			(0.1		)	549.4
Selling, general and administrative expenses	135.8			156.8			13.0			—			305.6
Amortization of purchased intangibles	0.1			19.9			8.9			—			28.9
Operating income	45.4			142.5			27.1			(0.1		)	214.9
Interest expense	(101.5		)	(28.0		)	(1.9		)	98.6			(32.8		)
Interest income	1.2			19.1			82.5			(98.6		)	4.2
Miscellaneous, net	21.3			(65.1		)	44.2			—			0.4
Income (loss) from continuing operations before income taxes	(33.6		)	68.5			151.9			(0.1		)	186.7
Provision for (benefit from) income taxes	(10.4		)	21.3			44.9			—			55.8
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(23.2		)	47.2			107.0			(0.1		)	130.9
Equity in earnings of consolidated subsidiaries	156.2			45.5			46.6			(248.3		)	—
Equity in earnings (losses) of unconsolidated affiliates	—			—			1.3			—			1.3
Income from continuing operations	133.0			92.7			154.9			(248.4		)	132.2
Discontinued operations, net of tax	—			0.8			—			—			0.8
Net income	133.0			93.5			154.9			(248.4		)	133.0
Net income attributable to the noncontrolling interest	—			—			—			—			—
Net income attributable to Oshkosh Corporation	$	133.0		$	93.5		$	154.9		$	(248.4	)	$	133.0

Condensed Consolidating Statement of Income

For the Six Months Ended March 31, 2012

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	2,086.8		$	1,582.1		$	462.1		$	(200.2	)	$	3,930.8
Cost of sales	1,895.4			1,355.4			410.4			(199.4		)	3,461.8
Gross income	191.4			226.7			51.7			(0.8		)	469.0
Selling, general and administrative expenses	110.9			84.1			81.5			—			276.5
Amortization of purchased intangibles	0.1			20.0			9.2			—			29.3
Operating income	80.4			122.6			(39.0		)	(0.8		)	163.2
Interest expense	(93.9		)	(39.1		)	(2.2		)	96.7			(38.5		)
Interest income	1.1			15.1			81.7			(96.7		)	1.2
Miscellaneous, net	4.9			(91.2		)	82.0			—			(4.3		)
Income (loss) from continuing operations before income taxes	(7.5		)	7.4			122.5			(0.8		)	121.6
Provision for (benefit from) income taxes	(2.0		)	1.5			37.6			(0.3		)	36.8
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(5.5		)	5.9			84.9			(0.5		)	84.8
Equity in earnings of consolidated subsidiaries	81.9			48.9			13.7			(144.5		)	—
Equity in earnings (losses) of unconsolidated affiliates	(0.2		)	—			0.9			—			0.7
Income from continuing operations	76.2			54.8			99.5			(145.0		)	85.5
Discontinued operations, net of tax	—			(7.7		)	(0.5		)	—			(8.2		)
Net income	76.2			47.1			99.0			(145.0		)	77.3
Net income attributable to the noncontrolling interest	—			—			(1.1		)	—			(1.1		)
Net income attributable to Oshkosh Corporation	$	76.2		$	47.1		$	97.9		$	(145.0	)	$	76.2

27

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Condensed Consolidating Statement of Comprehensive Income

For the Three Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	86.5		$	63.4	$	93.2		$	(156.6	)	$	86.5
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	—			—		—			—			—
Employee pension and postretirement benefits	1.0			—		—			—			1.0
Currency translation adjustments	(10.0		)	0.1		(10.1		)	10.0			(10.0		)
Total other comprehensive income (loss), net of tax	(9.0		)	0.1		(10.1		)	10.0			(9.0		)
Comprehensive income	77.5			63.5		83.1			(146.6		)	77.5
Comprehensive (income) loss attributable to noncontrolling interest	—			—		—			—			—
Comprehensive income attributable to Oshkosh Corporation	$	77.5		$	63.5	$	83.1		$	(146.6	)	$	77.5

Condensed Consolidating Statement of Comprehensive Income

For the Three Months Ended March 31, 2012

	Oshkosh Corporation		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	37.3	$	41.5	$	67.0		$	(107.8	)	$	38.0
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	—		—		—			—			—
Employee pension and postretirement benefits	1.5		—		—			—			1.5
Currency translation adjustments	11.8		0.4		11.4			(11.8		)	11.8
Total other comprehensive income (loss), net of tax	13.3		0.4		11.4			(11.8		)	13.3
Comprehensive income	50.6		41.9		78.4			(119.6		)	51.3
Comprehensive (income) loss attributable to noncontrolling interest	—		—		(0.7		)	—			(0.7		)
Comprehensive income attributable to Oshkosh Corporation	$	50.6	$	41.9	$	77.7		$	(119.6	)	$	50.6

Condensed Consolidating Statement of Comprehensive Income

For the Six Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	133.0		$	93.5	$	154.9		$	(248.4	)	$	133.0
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	—			—		—			—			—
Employee pension and postretirement benefits	2.0			—		—			—			2.0
Currency translation adjustments	(1.4		)	0.1		(1.5		)	1.4			(1.4		)
Total other comprehensive income (loss), net of tax	0.6			0.1		(1.5		)	1.4			0.6
Comprehensive income	133.6			93.6		153.4			(247.0		)	133.6
Comprehensive (income) loss attributable to noncontrolling interest	—			—		—			—			—
Comprehensive income attributable to Oshkosh Corporation	$	133.6		$	93.6	$	153.4		$	(247.0	)	$	133.6

28

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Condensed Consolidating Statement of Comprehensive Income

For the Six Months Ended March 31, 2012

	Oshkosh Corporation		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	76.2	$	47.1	$	99.0		$	(145.0	)	$	77.3
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	1.4		—		—			—			1.4
Employee pension and postretirement benefits	3.0		—		—			—			3.0
Currency translation adjustments	3.7		2.6		1.1			(3.7		)	3.7
Total other comprehensive income (loss), net of tax	8.1		2.6		1.1			(3.7		)	8.1
Comprehensive income	84.3		49.7		100.1			(148.7		)	85.4
Comprehensive (income) loss attributable to noncontrolling interest	—		—		(1.1		)	—			(1.1		)
Comprehensive income attributable to Oshkosh Corporation	$	84.3	$	49.7	$	99.0		$	(148.7	)	$	84.3

Condensed Consolidating Balance Sheet

As of March 31, 2013

	Oshkosh Corporation		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	418.5	$	9.9		$	23.9	$	—		$	452.3
Receivables, net	322.0		513.6			173.9		(39.2		)	970.3
Inventories, net	395.8		424.4			241.9		(1.4		)	1,060.7
Other current assets	105.5		47.5			22.3		0.4			175.7
Total current assets	1,241.8		995.4			462.0		(40.2		)	2,659.0
Investment in and advances to consolidated subsidiaries	2,365.5		(1,115.5		)	3,407.9		(4,657.9		)	—
Intangible assets, net	2.3		1,090.7			690.4		—			1,783.4
Other long-term assets	146.3		148.8			137.1		—			432.2
Total assets	$	3,755.9	$	1,119.4		$	4,697.4	$	(4,698.1	)	$	4,874.6
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$	286.3	$	301.3		$	104.7	$	(32.8	)	$	659.5
Customer advances	329.2		196.8			3.1		—			529.1
Other current liabilities	157.1		190.9			85.4		(7.4		)	426.0
Total current liabilities	772.6		689.0			193.2		(40.2		)	1,614.6
Long-term debt, less current maturities	922.5		—			—		—			922.5
Other long-term liabilities	173.1		132.8			143.9		—			449.8
Shareholders' equity	1,887.7		297.6			4,360.3		(4,657.9		)	1,887.7
Total liabilities and shareholders' equity	$	3,755.9	$	1,119.4		$	4,697.4	$	(4,698.1	)	$	4,874.6

29

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Condensed Consolidating Balance Sheet

As of September 30, 2012

	Oshkosh Corporation		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	500.0	$	5.5		$	35.2	$	—		$	540.7
Receivables, net	388.0		487.5			177.3		(34.2		)	1,018.6
Inventories, net	284.3		415.7			239.3		(1.8		)	937.5
Other current assets	129.2		47.9			20.6		—			197.7
Total current assets	1,301.5		956.6			472.4		(36.0		)	2,694.5
Investment in and advances to consolidated subsidiaries	2,358.1		(1,182.9		)	3,235.8		(4,411.0		)	—
Intangible assets, net	2.5		1,110.4			696.3		—			1,809.2
Other long-term assets	154.7		156.8			132.6		—			444.1
Total assets	$	3,816.8	$	1,040.9		$	4,537.1	$	(4,447.0	)	$	4,947.8
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$	326.2	$	288.9		$	96.7	$	(28.5	)	$	683.3
Customer advances	315.4		190.5			4.5		—			510.4
Other current liabilities	213.6		220.2			84.5		(7.5		)	510.8
Total current liabilities	855.2		699.6			185.7		(36.0		)	1,704.5
Long-term debt, less current maturities	955.0		—			—		—			955.0
Other long-term liabilities	153.1		137.3			144.4		—			434.8
Shareholders' equity	1,853.5		204.0			4,207.0		(4,411.0		)	1,853.5
Total liabilities and shareholders' equity	$	3,816.8	$	1,040.9		$	4,537.1	$	(4,447.0	)	$	4,947.8

30

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net cash provided (used) by operating activities	$	(114.1	)	$	33.4		$	125.1		$	—		$	44.4
Investing activities:
Additions to property, plant and equipment	(5.7		)	(5.3		)	(4.4		)	—			(15.4		)
Additions to equipment held for rental	—			—			(10.1		)	—			(10.1		)
Intercompany investing	147.5			(10.7		)	(122.0		)	(14.8		)	—
Other investing activities	—			—			0.6			—			0.6
Net cash provided (used) by investing activities	141.8			(16.0		)	(135.9		)	(14.8		)	(24.9		)
Financing activities:
Repayment of long-term debt	—			—			—			—			—
Repurchase of common stock	(125.1		)	—			—			—			(125.1		)
Proceeds from exercise of stock options	15.7			—			—			—			15.7
Intercompany financing	(0.6		)	(13.0		)	(1.2		)	14.8			—
Other financing activities	0.8			—			—			—			0.8
Net cash provided (used) by financing activities	(109.2		)	(13.0		)	(1.2		)	14.8			(108.6		)
Effect of exchange rate changes on cash	—			—			0.7			—			0.7
Increase (decrease) in cash and cash equivalents	(81.5		)	4.4			(11.3		)	—			(88.4		)
Cash and cash equivalents at beginning of period	500.0			5.5			35.2			—			540.7
Cash and cash equivalents at end of period	$	418.5		$	9.9		$	23.9		$	—		$	452.3

31

OSHKOSH CORPORATION

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended March 31, 2012

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net cash provided (used) by operating activities	$	(40.1	)	$	(16.7	)	$	103.7		$	—		$	46.9
Investing activities:
Additions to property, plant and equipment	(12.0		)	(7.7		)	(4.4		)	—			(24.1		)
Additions to equipment held for rental	—			—			(3.1		)	—			(3.1		)
Intercompany investing	81.2			28.7			(96.9		)	(13.0		)	—
Other investing activities	5.2			1.0			1.6			—			7.8
Net cash provided (used) by investing activities	74.4			22.0			(102.8		)	(13.0		)	(19.4		)
Financing activities:
Repayment of long-term debt	(72.5		)	—			—			—			(72.5		)
Repurchase of Common Stock	—			—			—			—			—
Proceeds from exercise of stock options	2.9			—			—			—			2.9
Intercompany financing	(0.6		)	(13.0		)	0.6			13.0			—
Other financing activities	(0.4		)	—			0.2			—			(0.2		)
Net cash provided (used) by financing activities	(70.6		)	(13.0		)	0.8			13.0			(69.8		)
Effect of exchange rate changes on cash	—			0.8			1.4			—			2.2
Increase (decrease) in cash and cash equivalents	(36.3		)	(6.9		)	3.1			—			(40.1		)
Cash and cash equivalents at beginning of period	376.3			13.5			38.7			—			428.5
Cash and cash equivalents at end of period	$	340.0		$	6.6		$	41.8		$	—		$	388.4

32

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Cautionary Statement About Forward-Looking Statements

This Management's Discussion and Analysis of Consolidated Financial Condition and Results of Operations and other sections of this Quarterly Report on Form 10-Q contain statements that Oshkosh Corporation (the "Company") believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this Quarterly Report on Form 10-Q, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, including those under the caption “Executive Overview” are forward-looking statements. When used in this Quarterly Report on Form 10-Q, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the cyclical nature of the Company's access equipment, commercial and fire & emergency markets, especially in the current environment where there are conflicting signs regarding the global economic outlook and the ability of the U.S. government to resolve budgetary and debt issues; the expected level and timing of the U.S. Department of Defense ("DoD") procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures, sequestration and an uncertain DoD tactical wheeled vehicle strategy, including the Company's ability to successfully manage the cost reductions required as a result of the significant projected decrease in sales levels in the defense segment; the Company's ability to comply with laws and regulations applicable to U.S. government contractors; the Company's ability to increase prices to raise margins or offset higher input costs; increasing commodity and other raw material costs, particularly in a sustained economic recovery; risks related to facilities consolidation and alignment, including the amounts of related costs and charges and that anticipated cost savings may not be achieved; the duration of the ongoing global economic weakness, which could lead to additional impairment charges related to many of the Company's intangible assets and/or a slower recovery in the Company's cyclical businesses than Company or equity market expectations; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company's products; risks related to production or shipment delays arising from quality or production issues; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; and risks related to the Company's ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's U.S. Securities and Exchange Commission ("SEC") filings, including, but not limited to, the Company's Current Report on Form 8-K filed with the SEC on April 30, 2013 and Item 1A. of Part II of this Quarterly Report on Form 10-Q.

All forward-looking statements, including those under the caption “Executive Overview,” speak only as of the date the Company files this Quarterly Report on Form 10-Q with the SEC. The Company assumes no obligation, and disclaims any obligation, to update information contained in this Quarterly Report on Form 10-Q. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.

All references herein to earnings per share refer to earning per share assuming dilution. Results have been revised to exclude from continuing operations the results of the Company's ambulance and mobile medical trailers businesses. See Note 3 of the Notes to Condensed Consolidated Financial Statements.

General

Major products manufactured and marketed by each of the Company’s business segments are as follows:

Access equipment — aerial work platforms and telehandlers used in a wide variety of construction, industrial, institutional and general maintenance applications to position workers and materials at elevated heights, as well as wreckers and carriers. Access equipment customers include equipment rental companies, construction contractors, manufacturing companies, home improvement centers, the U.S. military and towing companies in the U.S. and abroad.

Defense — tactical trucks and supply parts and services sold to the U.S. military and to other militaries around the world.

33

Fire & emergency — custom and commercial firefighting vehicles and equipment, aircraft rescue and firefighting vehicles, snow removal vehicles, military simulator shelters and other emergency vehicles sold primarily to fire departments, airports and other governmental units, and broadcast vehicles sold to broadcasters and television stations in the U.S. and abroad.

Commercial — concrete mixers, refuse collection vehicles, portable and stationary concrete batch plants and vehicle components sold to ready-mix companies and commercial and municipal waste haulers in the Americas and other international markets and field service vehicles and truck-mounted cranes sold to mining, construction and other companies in the U.S. and abroad.

Executive Overview

As a result of a disciplined execution of the Company's MOVE strategy, the Company reported another strong quarter of performance for the second quarter of fiscal 2013. Higher sales for the second quarter of fiscal 2013 in each of the Company's non-defense segments significantly offset an expected decline in defense segment sales. The access equipment segment continued to benefit from replacement driven demand and improved pricing, while concrete placement product sales in the commercial segment reached the highest level of quarterly sales in nearly five years. Despite a decline in overall sales, consolidated operating income in the second quarter of fiscal 2013 increased $50.5 million, or 60.0%, compared to the second quarter of fiscal 2012 to $134.6 million, or 6.8% of sales. The improved operating income on lower sales reflects the realization of price increases, higher margins associated with international sales of Mine Resistant Ambush Protected All-Terrain Vehicles ("M-ATVs") and operational efficiencies. Improved operating results along with a favorable income tax rate due primarily to the reinstatement of the United States research & development income tax credit, resulted in the more than doubling of earnings per share in the second quarter of fiscal 2013 compared to the second quarter of the prior year.

The Company ramped-up delivery of M-ATVs to the United Arab Emirates ("UAE") in the second quarter of fiscal 2013. The Company expects the defense segment to continue to benefit from the shipment of M-ATVs to the UAE in the third quarter of fiscal 2013. Also in the quarter, the defense segment secured an initial order for M-ATVs from the Kingdom of Saudi Arabia, with delivery expected to take place in fiscal 2014. The Company expects daily production rates in the defense segment beginning in June 2013, to decline by approximately 30% as compared to second quarter production driven by lower orders from the DoD. As a result, the Company announced in April 2013 that it plans to reduce its workforce by approximately 700 production employees and 200 salaried employees and contractors in June and July 2013. Net charges in the second quarter relating to the planned workforce reductions totaled $1.4 million.

In the second quarter of fiscal 2013, the fire & emergency segment reported its fourth consecutive quarterly profit. While sequestration is compounding already weak United States federal spending for fire & emergency equipment, municipal demand began to improve in some parts of the United States. Further, the Company completed the exit of its ambulance business in the second quarter of fiscal 2013, allowing the segment to focus on its other businesses.

As a result of the Company's strong performance in the second quarter of fiscal 2013 and the Company's outlook for the remainder of the year, the Company increased its estimated range of adjusted earnings from continuing operations from $2.80 to $3.05 per share up to $2.90 to $3.15 per share. These estimates exclude $0.11 per share incurred in the first quarter of fiscal 2013 related to the unsolicited tender offer for the Company's Common Stock and threatened proxy contest. Including costs related to the unsolicited tender offer for the Company's Common Stock and threatened proxy contest, the Company believes earnings from continuing operations will be in a range of $2.79 to $3.04 per share.

The Company now expects sales in the access equipment segment to be between $2.85 billion and $3.05 billion for fiscal 2013, up from the Company's previous sales estimate range of $2.8 billion to $3.0 billion. The Company believes that operating income margins in the access equipment segment for fiscal 2013 will now be in the 10.5% to 11.0% range, up from the Company's previous estimate of 10.5%, reflecting absorption benefits associated with the higher sales estimate range and continued operational improvements.

The Company now expects sales in the defense segment to be between $3.1 billion and $3.2 billion for fiscal 2013, down from the Company's previous sales estimate range of $3.2 billion to $3.3 billion. The Company expects its aftermarket sales in the second half of fiscal 2013 will be lower than previously estimated, with part of the reduction due to the impact of sequestration, and that some defense vehicle sales the Company previously estimated would occur in fiscal 2013 will now occur in fiscal 2014. Due to expected continued operational efficiency improvements, the Company believes operating income margins in the defense segment for fiscal 2013 will be slightly higher than its previous expectations, increasing to approximately 7.0%.

34

Consistent with the Company's previous expectations, the Company believes that fire & emergency segment sales for fiscal 2013 will be in the range of $720 million to $750 million. The Company continues to believe that fire & emergency segment operating income margins will be in the 2.0% to 2.5% range for fiscal 2013.

The Company believes that sales in the commercial segment for fiscal 2013 will also be in the range of $720 million to $750 million, unchanged from previous expectations. The Company continues to believe that operating income margins in the commercial segment in fiscal 2013 will be in the 4.5% to 5.0% range.

The Company expects that corporate expenses will be between $156 million and $161million for fiscal 2013. Excluding $16 million of costs incurred by the Company in connection with an unsolicited tender offer for the Company's Common Stock and threatened proxy contest, the Company expects that adjusted corporate expenses will be between $140 million and $145 million for fiscal 2013. This estimate is higher than the Company's previous estimate due to the impact of a higher stock price on variable share-based compensation. The Company now believes that its fiscal 2013 effective income tax rate will approximate 31%, down from its previous estimate of 32%. The Company's expectations assume a full-year fiscal 2013 share count of 89.0 million shares, reflecting the Company's share repurchase activity only through the end of the second fiscal quarter. The Company is lowering its estimated capital expenditures for fiscal 2013 to approximately $50 million.

The Company expects its third quarter to be its strongest quarter of the fiscal year, primarily as a result of continued strong, seasonally-driven demand for products with exposure to construction markets and continued sales of M-ATVs to the UAE in the defense segment. The Company expects its fourth quarter results will be the lowest quarter of the year as it starts to experience the seasonal decline in sales in the access equipment and commercial segments and due to the previously discussed expected decline in defense segment sales.

Results of Operations

Analysis of Consolidated Net Sales

The following table presents net sales by business segment (in millions):

	Second Quarter Fiscal						First Six Months Fiscal
	2013			2012			2013			2012
Net sales:
Access equipment	$	817.4		$	760.4		$	1,398.7		$	1,388.1
Defense	827.6			987.3			1,656.3			2,038.3
Fire & emergency	174.0			168.5			356.1			321.4
Commercial	185.5			167.7			362.8			339.3
Intersegment eliminations	(20.1		)	(21.6		)	(39.7		)	(156.3		)
Consolidated	$	1,984.4		$	2,062.3		$	3,734.2		$	3,930.8

Second Quarter Fiscal 2013 Compared to 2012

Consolidated net sales decreased $77.9 million, or 3.8%, to $1.98 billion in the second quarter of fiscal 2013 compared to the second quarter of fiscal 2012. An increase in sales in all non-defense segments was not sufficient to offset an expected decline in defense segment sales.

Access equipment segment net sales increased $57.0 million, or 7.5%, to $817.4 million in the second quarter of fiscal 2013 compared to the second quarter of fiscal 2012. Access equipment sales increased principally due to higher replacement demand for telehandlers in North America (up $51 million), the realization of previously announced price increases (up $26 million) and higher aftermarket parts & service sales (up $11 million), offset in part by lower unit sales volume in Australia (down $28 million) due to a pause in purchasing by a major customer and as a result of a slowdown in mining and energy activity.

35

Defense segment net sales decreased $159.7 million, or 16.2%, to $827.6 million in the second quarter of fiscal 2013 compared to the second quarter of fiscal 2012. The decrease in defense segment sales was primarily due to expected lower M-ATV aftermarket parts & service sales (down $196 million) and lower Family of Medium Tactical Vehicle ("FMTV") unit sales (down $52 million), offset in part by higher international sales of M-ATVs (up $105 million). During the second quarter of fiscal 2013, the defense segment ramped up delivery under a 750-unit M-ATV order from the UAE.

Fire & emergency segment net sales increased $5.5 million, or 3.3%, to $174.0 million in the second quarter of fiscal 2013 compared to the second quarter of fiscal 2012. The increase in fire & emergency segment sales primarily reflected the sale of a higher percentage of units built on custom chassis, which have higher prices than units built on commercial chassis (up $18 million) and the realization of previously announced price increases (up $6 million), offset in part by lower unit sales volumes (down $18 million). The second quarter of fiscal 2012 included the delivery of 42 Rapid Intervention Vehicles under a contract with the United States Air Force.

Commercial segment net sales increased $17.8 million, or 10.6%, to $185.5 million in the second quarter of fiscal 2013 compared to the second quarter of fiscal 2012. The increase in commercial segment sales was primarily attributable to increased concrete placement products sales due to increased demand in the concrete mixer market (up $32 million) and improved aftermarket parts & service sales (up $8 million), offset in part by lower refuse collection vehicle sales (down $18 million) as one of the commercial segment's largest customers shifted a significant portion of their expected 2013 orders to the back half of calendar 2013. The Company has recently started to receive 2013 orders from this customer, but these orders are not expected to be reflected in sales until the third quarter of fiscal 2013 and some of the orders are likely to slip into the first quarter of fiscal 2014.

First Six Months of Fiscal 2013 Compared to 2012

Consolidated net sales decreased $196.6 million, or 5.0%, to $3.73 billion in the first six months of fiscal 2013 compared to the first six months of fiscal 2012 due to an expected decline in defense segment sales. Sales increased in all non-defense segments.

Access equipment segment net sales increased $10.6 million, or 0.8%, to $1.40 billion in the first six months of fiscal 2013 compared to the first six months of fiscal 2012. Access equipment segment sales in the first six months of fiscal 2012 included $123.6 million of sales to the defense segment. Access equipment segment sales to external customers in the first six months of fiscal 2013 increased $134.1 million, or 10.6%, compared to the first six months of fiscal 2012. Access equipment segment sales to external customers increased principally due to an increase in telehandler unit sales volumes (up $112 million), primarily in North America, the realization of previously announced price increases (up $49 million) and improved aftermarket sales (up $22 million), offset in part by lower unit sales volume in Australia (down $51 million) due to a pause in purchasing by a major customer and as a result of a slowdown in mining and energy activity.

Defense segment net sales decreased $382.0 million, or 18.7%, to $1.66 billion in the first six months of fiscal 2013 compared to the first six months of fiscal 2012. The decrease in defense segment sales was primarily due to expected lower M-ATV shipments to the DoD (down $226 million) and lower aftermarket parts sales (down $386 million), offset in part by higher Family of Heavy Tactical Vehicle ("FHTV") sales (up $135 million) and higher international sales (up $126 million). Due to a shortage in tires at one of the Company's suppliers, the defense segment was unable to complete production of certain FHTVs to recognize revenue in fiscal 2012. During the first quarter of fiscal 2013, tires were obtained and the vehicles were completed and sold, resulting in the recognition of revenue.

Fire & emergency segment net sales increased $34.7 million, or 10.8%, to $356.1 million in the first six months of fiscal 2013 compared to the first six months of fiscal 2012. The increase in fire & emergency segment sales primarily reflected the sale of a higher percentage of units built on custom built chassis, which have higher prices than units built on commercial built chassis (up $30 million) and the realization of previously announced price increases (up $11 million), offset in part by lower unit sales volumes (down $7 million).

Commercial segment net sales increased $23.5 million, or 6.9%, to $362.8 million in the first six months of fiscal 2013 compared to the first six months of fiscal 2012. The increase in commercial segment sales was primarily attributable to increased concrete placement products volume due to increased demand in the concrete mixer market (up $45 million) and improved aftermarket parts & service sales (up $14 million), offset in part by lower refuse collection vehicle volume (down $35 million) as one of the commercial segment's largest customers shifted a significant portion of their expected 2013 orders to the back half of calendar 2013. The Company has recently started to receive 2013 orders from this customer, but these orders are not expected

36

to be reflected in sales until the third quarter of fiscal 2013 and some of the orders are likely to slip into the first quarter of fiscal 2014.

Analysis of Consolidated Cost of Sales

Second Quarter Fiscal 2013 Compared to 2012

Consolidated cost of sales was $1.68 billion, or 84.7% of sales, in the second quarter of fiscal 2013 compared to $1.82 billion, or 88.2% of sales, in the second quarter of fiscal 2012. The 350 basis point decrease in cost of sales as a percentage of sales in the second quarter of fiscal 2013 was primarily due to higher sales prices (210 basis points), favorable product mix largely as a result of a higher mix of M-ATVs, which have higher margins and lower relative costs of sales (120 basis points) and operational efficiencies associated with MOVE initiatives (80 basis points).

First Six Months of Fiscal 2013 Compared to 2012

Consolidated cost of sales was $3.18 billion, or 85.3% of sales, in the first six months of fiscal 2013 compared to $3.46 billion, or 88.1% of sales, in the first six months of fiscal 2012. The 280 basis point decrease in cost of sales as a percentage of sales in the first six months of fiscal 2013 was primarily due to higher sales prices (200 basis points) and improved performance on the FMTV contract in the defense segment (50 basis points).

Analysis of Consolidated Operating Income (Loss)

The following table presents operating income (loss) by business segment (in millions):

	Second Quarter Fiscal						First Six Months Fiscal
	2013			2012			2013			2012
Operating income (loss):
Access equipment	$	95.0		$	68.4		$	143.9		$	81.5
Defense	67.0			41.9			127.9			134.3
Fire & emergency	2.7			(3.0		)	8.1			(9.3		)
Commercial	7.6			3.9			15.6			10.8
Corporate	(37.9		)	(27.0		)	(80.6		)	(54.1		)
Intersegment eliminations	0.2			(0.1		)	—			—
Consolidated	$	134.6		$	84.1		$	214.9		$	163.2

Second Quarter Fiscal 2013 Compared to 2012

Consolidated operating income increased 60.0%, to $134.6 million, or 6.8% of sales, in the second quarter of fiscal 2013 compared to $84.1 million, or 4.1% of sales, in the second quarter of fiscal 2012. Operating income margins improved in the second quarter of fiscal 2013 as a result of improved pricing, higher margins associated with international sales of M-ATVs and operational efficiencies.

Access equipment segment operating income increased 38.9% to $95.0 million, or 11.6% of sales, in the second quarter of fiscal 2013 compared to $68.4 million, or 9.0% of sales, in the second quarter of fiscal 2012. The increase in operating income was primarily the result of the realization of previously announced price increases (up $26 million), improved product mix (up $7 million) and benefits from MOVE initiatives (up $6 million), offset in part by lower unit sales volume in Australia.

Defense segment operating income increased 59.7% to $67.0 million, or 8.1% of sales, in the second quarter of fiscal 2013 compared to $41.9 million, or 4.2% of sales, in the second quarter of fiscal 2012. The increase in operating income was largely due to a favorable product mix (up $18 million) that included a large percentage of international M-ATV sales, improved operational efficiencies (up $9 million) and lower new product development spending (down $5 million), offset in part by lower sales volumes.

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The fire & emergency segment reported operating income of $2.7 million, or 1.6% of sales, in the second quarter of fiscal 2013 compared to an operating loss of $3.0 million, or 1.8% of sales, in the second quarter of fiscal 2012. Operating results for the second quarter of fiscal 2013 were positively impacted by improved price realization (up $6 million) and lower operating expenses (down $5 million), offset in part by lower absorption as a result of the lower unit sales volumes.

Commercial segment operating income increased 97.8% to $7.6 million, or 4.1% of sales, in the second quarter of fiscal 2013 compared to $3.9 million, or 2.3% of sales, in the second quarter of fiscal 2012. The increase in operating income was primarily a result of higher sales volumes.

Corporate operating expenses increased $10.9 million to $37.9 million in the second quarter of fiscal 2013 compared to the second quarter of fiscal 2012. The increase in corporate expenses in the second quarter of fiscal 2013 compared to the second quarter of fiscal 2012 was related to higher share-based compensation expense (up $6 million), largely as a result of the impact of an increase in the Company's share price on variable share-based compensation, as well as higher information technology spending (up $3 million). Results for the second quarter of fiscal 2012 also included pre-tax costs of $3.6 million incurred in connection with a proxy contest.

Consolidated selling, general and administrative expenses increased 6.1% to $154.3 million, or 7.8% of sales, in the second quarter of fiscal 2013 compared to $145.4 million, or 7.1% of sales, in the second quarter of fiscal 2012. The increase in selling, general and administrative expenses was primarily due to a $6.5 million increase in incentive share-based compensation expense, largely as a result of the impact of an increase in the Company's share price on variable share-based compensation. The increase in consolidated selling, general and administrative expenses as a percentage of sales was largely due to a shift in sales to segments that have a higher percentage of selling, general and administrative expenses. The defense segment generally has lower selling, general and administrative expenses as a percentage of sales compared to the other segments, in large part due to concentration of business with the DoD. The defense segment has limited sales and marketing costs and has operations/locations primarily in the United States, as compared to the access equipment segment, which has a diverse customer base with a significant number of customers, significant sales and marketing costs and operations/locations in various regions of the world. As defense segment sales have decreased and access equipment and commercial segments sales have increased, consolidated selling, general and administrative expenses as a percent of sales have increased.

First Six Months of Fiscal 2013 Compared to 2012

Consolidated operating income increased 31.7% to $214.9 million, or 5.8% of sales, in the first six months of fiscal 2013 compared to $163.2 million, or 4.2% of sales, in the first six months of fiscal 2012. The increase in operating income in the first six months of fiscal 2013 was largely attributable to gross profit on higher sales and improved performance in the Company's access equipment and fire & emergency segments. Operating income in the first six months of fiscal 2013 was significantly impacted by costs incurred by the Company in connection with an unsolicited tender offer for the Company's Common Stock and a threatened proxy contest ($9.9 million more than costs for a proxy contest in the first six months of fiscal 2012) and higher incentive share-based compensation costs (up $8.5 million) compared to the first six months of fiscal 2012, in part due to the impact of an increase in the Company's share price on variable share-based compensation.

Access equipment segment operating income increased 76.6% to $143.9 million, or 10.3% of sales, in the first six months of fiscal 2013 compared to $81.5 million, or 5.9% of sales, in the first six months of fiscal 2012. The increase in operating income was primarily the result of the realization of previously announced price increases (up $49 million), operational efficiencies (up $10 million) and lower material costs (down $26 million), offset in part by the the absence of intercompany sales to the defense segment.

Defense segment operating income decreased 4.8% to $127.9 million, or 7.7% of sales, in the first six months of fiscal 2013 compared to $134.3 million, or 6.6% of sales, in the first six months of fiscal 2012. The decrease in operating income was largely due to lower gross profit on lower sales volumes and an adverse sales mix related to a greater concentration of lower margin FMTV sales (down $28 million), offset in part by the receipt of contractually agreed price increases (up $24 million), operational improvements (up $21 million) and lower new product development spending (down $8 million). Operating income margins increased 110 basis points on lower sales volumes primarily as a result of operational improvements in production of FMTVs.

The fire & emergency segment reported operating income of $8.1 million, or 2.3% of sales, in the first six months of fiscal 2013 compared to an operating loss of $9.3 million, or 2.9% of sales, in the first six months of fiscal 2012. Operating results for the first six months of fiscal 2013 were positively impacted by improved price realization (up $11 million) and lower operating

38

expenses (down $6 million). Operating results in the first six months of fiscal 2012 included environmental remediation and litigation charges totaling $2.9 million.

Commercial segment operating income increased 45.4% to $15.6 million, or 4.3% of sales, in the first six months of fiscal 2013 compared to $10.8 million, or 3.2% of sales, in the first six months of fiscal 2012. The increase in operating income was primarily a result of gross profit on higher sales volumes.

Corporate operating expenses increased $26.5 million to $80.6 million in the first six months of fiscal 2013 compared to the first six months of fiscal 2012, largely due to costs related to an unsolicited tender offer for the Company's Common Stock and threatened proxy contest, which were $9.9 million higher than costs for a proxy contest in the first six months of fiscal 2012, an $8.5 million increase in incentive share-based compensation costs, higher information technology spending (up $3 million) and investments in research & development (up $3 million).

Consolidated selling, general and administrative expenses increased 10.6% to $305.6 million, or 8.2% of sales, in the first six months of fiscal 2013 compared to $276.5 million, or 7.0% of sales, in the first six months of fiscal 2012. The increase in selling, general and administrative expenses was primarily due to costs related to an unsolicited tender offer for the Company's Common Stock and threatened proxy contest, which were $9.9 million higher than costs for a proxy contest in the first six months of fiscal 2012 and an $8.5 million increase in incentive share-based compensation expense. The increase in consolidated selling, general and administrative expenses as a percentage of sales was largely due to a shift in sales to segments that have a higher percentage of selling, general and administrative expenses.

Analysis of Non-Operating Income Statement Items

Second Quarter Fiscal 2013 Compared to 2012

Interest expense net of interest income decreased $2.7 million to $14.7 million in the second quarter of fiscal 2013 compared to the second quarter of fiscal 2012 as a result of lower interest rates, lower average debt outstanding and the recognition in the second quarter of fiscal 2013 of $1.3 million of interest income upon receipt of payment on a customer note receivable on nonaccrual status.

Other miscellaneous income of $0.1 million in the second quarter of fiscal 2013 and $1.3 million in the second quarter of fiscal 2012 primarily related to net foreign currency transaction gains and losses.

The Company recorded a provision for income taxes of 29.0% of pre-tax income in the second quarter of fiscal 2013 compared to 35.8% in the prior year quarter. In the second quarter of fiscal 2013, the Company recorded a $4.6 million benefit related to the reinstatement of the U.S. research & development income tax credit and reported lower foreign income taxes.

Equity in earnings of unconsolidated affiliates of $0.7 million in the second quarter of fiscal 2013 primarily represented the Company's equity interest in a commercial entity in Mexico and a joint venture in Europe.

First Six Months of Fiscal 2013 Compared to 2012

Interest expense net of interest income decreased $8.7 million to $28.6 million in the first six months of fiscal 2013 compared to the first six months of fiscal 2012, as a result of lower interest rates, lower average debt outstanding, the recognition of interest on a note receivable from a customer of $3.6 million in the first six months of fiscal 2013 and the expiration of the Company's interest rate swap in the first quarter of fiscal 2012. Interest expense for the first six months of fiscal 2012 included $2.2 million of expense related to the Company's interest rate swap.

Other miscellaneous income of $0.4 million in the first six months of fiscal 2013 and $4.3 million of expense in the first six months of fiscal 2012 primarily related to net foreign currency transaction gains and losses.

The Company recorded a provision for income taxes of 29.9% of pre-tax income in the first six months of fiscal 2013 compared to 30.3% in the prior year period. The effective tax rate for the first six months of fiscal 2013 was favorably impacted by $4.6 million (250 basis points) related to the reinstatement of the U.S. research & development income tax credit and reported lower foreign income taxes (400 basis points). The effective tax rate for the first six months of fiscal 2012 was favorably impacted by discrete tax benefits, including adjustments to reflect positions taken on previously filed tax returns (270 basis points), the

39

settlement of foreign tax audits (200 basis points) and reductions of tax reserves related to the expiration of statutes of limitations (80 basis points).

Equity in earnings of unconsolidated affiliates of $1.3 million in the first six months of fiscal 2013 and $0.7 million in the first six months of fiscal 2012 primarily represented the Company's equity interest in a commercial entity in Mexico and a joint venture in Europe.

Liquidity and Capital Resources

Financial Condition at March 31, 2013

The Company’s capitalization was as follows (in millions):

	March 31,			September 30,
	2013			2012
Cash and cash equivalents	$	452.3		$	540.7
Total debt	955.0			955.0
Shareholders’ equity	1,887.7			1,853.5
Total capitalization (debt plus equity)	2,842.7			2,808.5
Debt to total capitalization	33.6		%	34.0		%

The Company's debt to total capitalization remained within its targeted range during the second quarter of fiscal 2013, down slightly from September 30, 2012. In the first six months of fiscal 2013, the Company repurchased 4.25 million shares of its Common Stock at an aggregate cost of $125.1 million. The Company is targeting to spend an additional $175 million to repurchase shares over the next six to twelve months.

In addition to cash and cash equivalents, the Company had $338.5 million of unused available capacity under the Revolving Credit Facility (as defined in “Liquidity”) as of March 31, 2013. Borrowings under the Revolving Credit Facility could, as discussed below, be limited by the financial covenants contained within the Credit Agreement (as defined in “Liquidity”).

Consolidated days sales outstanding (defined as “Trade Receivables” at quarter end divided by “Net Sales” for the most recent quarter multiplied by 90 days) decreased from 43 days at September 30, 2012 to 42 days at March 31, 2013. Days sales outstanding for segments other than the defense segment were 52 days at March 31, 2013, consistent with September 30, 2012. Consolidated inventory turns (defined as “Cost of Sales” divided by the average “Inventory” at the past five quarter end periods) decreased from 6.0 times at September 30, 2012 to 5.3 times at March 31, 2013. The decrease in inventory turns was primarily due to seasonal sales fluctuations in the access equipment segment and larger in-transit times for international sales in the defense segment.

Cash Flows

Operating Cash Flows

The Company generated $44.4 million of cash from operating activities during the first six months of fiscal 2013 compared to $46.9 million during the first six months of fiscal 2012. The decrease in cash generated from operating activities was primarily due to higher working capital requirements in the defense segment as a result of the decrease in sales to the DoD. The Company's cash flow from operations has fluctuated, and will likely continue to fluctuate, significantly from quarter to quarter due to the start-up or conclusion of large defense contracts and the timing of receipt of individually large performance-based payments from the DoD, as well as changes in working capital requirements arising principally from seasonal fluctuations in sales.

Investing Cash Flows

Net cash used in investing activities in the first six months of fiscal 2013 was $24.9 million compared to $19.4 million in the first six months of fiscal 2012. Capital spending, excluding equipment held for rental, of $15.4 million in the first six months

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of fiscal 2013 reflected a decrease of $8.7 million compared to capital spending in the first six months of fiscal 2012. In fiscal 2013, the Company expects capital spending to approximate $50 million, which is down from its previous estimate of $60 million.

Financing Cash Flows

Financing activities resulted in a net use of cash of $108.6 million in the first six months of fiscal 2013 compared to a net use of cash of $69.8 million in the first six months of fiscal 2012. In the first six months of fiscal 2013, the Company repurchased 4.25 million shares of its Common Stock under its share repurchase program at an aggregate cost of $125.1 million.

Liquidity

The Company's primary sources of liquidity are the cash flow generated from operations, availability under the Revolving Credit Facility and available cash and cash equivalents. In addition to cash and cash equivalents of $452.3 million, the Company had $338.5 million of unused availability under the Revolving Credit Facility as of March 31, 2013. These sources of liquidity are needed to fund the Company's working capital requirements, debt service requirements, capital expenditures and share repurchases. The Company expects to have sufficient liquidity to finance its operations over the next twelve months.

Senior Secured Credit Agreement

The Company maintains a senior secured credit agreement with various lenders (the “Credit Agreement”). The Credit Agreement provides for (i) a revolving credit facility (“Revolving Credit Facility”) that matures in October 2015 with an initial maximum aggregate amount of availability of $525 million and (ii) a $455 million term loan (“Term Loan”) facility due in quarterly principal installments of $16.25 million commencing December 31, 2013 with a balloon payment of $341.25 million due at maturity in October 2015. Refer to Note 9 of the Notes to Condensed Consolidated Financial Statements for additional information regarding the Credit Agreement.

The Company’s obligations under the Credit Agreement are guaranteed by certain of its domestic subsidiaries, and the Company will guarantee the obligations of certain of its subsidiaries under the Credit Agreement to the extent such subsidiaries borrow directly under the Credit Agreement. Subject to certain exceptions, the Credit Agreement is secured by (i) a first-priority perfected lien and security interests in substantially all of the personal property of the Company, each material subsidiary of the Company and each subsidiary guarantor, (ii) mortgages upon certain real property of the Company and certain of its domestic subsidiaries and (iii) a pledge of the equity of each material subsidiary and each subsidiary guarantor.

Under the Credit Agreement, the Company must pay (i) an unused commitment fee ranging from 0.25% to 0.50% per annum of the average daily unused portion of the aggregate revolving credit commitments under the Credit Agreement and (ii) a fee ranging from 0.75% to 1.25% per annum of the maximum amount available to be drawn for each performance letter of credit issued and outstanding under the Credit Agreement.

Borrowings under the Credit Agreement bear interest at a variable rate equal to (i) LIBOR plus a specified margin, which may be adjusted upward or downward depending on whether certain criteria are satisfied, or (ii) for dollar-denominated loans only, the base rate (which is the highest of (a) the administrative agent's prime rate, (b) the federal funds rate plus 0.50% or (c) the sum of 1% plus one-month LIBOR) plus a specified margin, which may be adjusted upward or downward depending on whether certain criteria are satisfied.

Covenant Compliance

The Credit Agreement contains various restrictions and covenants, including requirements that the Company maintain certain financial ratios at prescribed levels and restrictions on the ability of the Company and certain of its subsidiaries to consolidate or merge, create liens, incur additional indebtedness, dispose of assets, consummate acquisitions and make investments in joint ventures and foreign subsidiaries.

The Credit Agreement contains the following financial covenants:

• Leverage Ratio: A maximum leverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated indebtedness to consolidated net income before interest, taxes, depreciation, amortization, non-cash charges and certain other items (“EBITDA”)) as of the last day of any fiscal quarter of 4.50 to 1.0.

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• Interest Coverage Ratio: A minimum interest coverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated EBITDA to the Company’s consolidated cash interest expense) as of the last day of any fiscal quarter of 2.50 to 1.0.

• Senior Secured Leverage Ratio: A maximum senior secured leverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated secured indebtedness to the Company’s consolidated EBITDA) of 2.75 to 1.0.

The Company was in compliance with the financial covenants contained in the Credit Agreement as of March 31, 2013 and expects to be able to meet the financial covenants contained in the Credit Agreement over the next twelve months.

Additionally, with certain exceptions, the Credit Agreement limits the ability of the Company to pay dividends and other distributions, including repurchases of shares of the Company's Common Stock. However, so long as no event of default exists under the Credit Agreement or would result from such payment, the Company may pay dividends and other distributions after April 1, 2012 in an aggregate amount not exceeding the sum of:

(i) $485.0 million; plus

(ii) 50% of the consolidated net income of the Company and its subsidiaries (or if such consolidated net income is a deficit, minus 100% of such deficit), accrued on a cumulative basis during the period beginning on April 1, 2012 and ending on the last day of the fiscal quarter immediately preceding the date of the applicable proposed dividend or distribution; plus

(iii) 100% of the aggregate net proceeds received by the Company subsequent to March 31, 2012 either as a contribution to its common equity capital or from the issuance and sale of its Common Stock.

Senior Notes

In March 2010, the Company issued $250.0 million of 8¼% unsecured senior notes due March 1, 2017 and $250.0 million of 8½% unsecured senior notes due March 1, 2020 (collectively, the “Senior Notes”). The Senior Notes were issued pursuant to an indenture (the “Indenture”) among the Company, the subsidiary guarantors named therein and a trustee. The Indenture contains customary affirmative and negative covenants. The Company has the option to redeem the Senior Notes due 2017 and Senior Notes due 2020 for a premium after March 1, 2014 and March 1, 2015, respectively. Certain of the Company’s subsidiaries fully, unconditionally, jointly and severally guarantee the Company’s obligations under the Senior Notes. See Note 23 of the Notes to Condensed Consolidated Financial Statements for separate financial information of the subsidiary guarantors.

Refer to Note 9 of the Notes to Condensed Consolidated Financial Statements for additional information regarding the Company’s outstanding debt as of March 31, 2013.

Contractual Obligations, Commercial Commitments and Off-Balance Sheet Arrangements

The Company's contractual obligations, commercial commitments and off-balance sheet arrangement disclosures in its Annual Report on Form 10-K for the year ended September 30, 2012 have not materially changed since that report was filed.

Application of Critical Accounting Policies

The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States requires the Company to make judgments, assumptions and estimates that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. The Company's disclosures of critical accounting policies in its Annual Report on Form 10-K for the year ended September 30, 2012 have not materially changed since that report was filed.

Critical Accounting Estimates

The Company's disclosures of critical accounting estimates in its Annual Report on Form 10-K for the year ended September 30, 2012 have not materially changed since that report was filed.

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New Accounting Standards

Refer to Note 2 of the Notes to Condensed Consolidated Financial Statements for a discussion of the impact of new accounting standards on the Company’s condensed consolidated financial statements.

Customers and Backlog

Sales to the U.S. government comprised approximately 40% of the Company’s net sales in the first six months of fiscal 2013. No other single customer accounted for more than 10% of the Company’s net sales for this period. A substantial majority of the Company’s net sales are derived from customer orders prior to commencing production.

The Company’s backlog at March 31, 2013 decreased 27.7% to $4.03 billion compared to $5.58 billion at March 31, 2012. Access equipment segment backlog decreased 17.3% to $778.7 million at March 31, 2013 compared to $941.5 million at March 31, 2012 due largely to the timing of orders in North America, lower mining and energy activity in Australia and a slowdown in defense spending in the United States. Defense segment backlog decreased 34.4% to $2.58 billion at March 31, 2013 compared to $3.93 billion at March 31, 2012 due largely to the fulfillment of FHTV and FMTV orders and lower DoD budgets for tactical wheeled vehicles. Fire & emergency segment backlog decreased 11.5% to $500.6 million at March 31, 2013 compared to $565.8 million at March 31, 2012 due to the discontinuance of the ambulance business and weak federal spending in the United States. Commercial segment backlog increased 24.4% to $170.8 million at March 31, 2013 compared to $137.3 million at March 31, 2012. Unit backlog for concrete mixers was up 50.2% compared to March 31, 2012. The Company believes that aged fleets and recent increases in housing starts contributed to recent larger, multiple-unit orders for concrete mixers. Unit backlog for refuse collection vehicles was down 14.0% at March 31, 2013 compared to March 31, 2012 which the Company believes is due to the timing of orders from one of the commercial segment's largest customers.

Reported backlog excludes purchase options and announced orders for which definitive contracts have not been executed. Additionally, backlog excludes unfunded portions of the FHTV and FMTV contracts. Backlog information and comparisons thereof as of different dates may not be accurate indicators of future sales or the ratio of the Company’s future sales to the DoD versus its sales to other customers. Approximately 32% of the Company’s March 31, 2013 backlog is not expected to be filled in fiscal 2013.

Non-GAAP Financial Measures

The Company is forecasting corporate operating expenses and earnings per share from continuing operations excluding items that affect comparability. When the Company forecasts corporate operating expenses and earnings per share from continuing operations, excluding certain items as described below, these are considered non-GAAP financial measures. The Company believes excluding the impact of these items is useful to investors in comparing the Company's operating performance to prior year results. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the Company's results prepared in accordance with GAAP.

The table below presents a reconciliation of the Company's presented non-GAAP financial measures to the most directly comparable GAAP financial measures (in millions, except per share amounts):

	Fiscal 2013 Expectations
	Low			High
Corporate
Non-GAAP operating expenses	$	140.0		$	145.0
Tender offer and proxy contest costs	16.3			16.3
GAAP operating expenses	$	156.3		$	161.3
Consolidated
Non-GAAP earnings per share available to Oshkosh
Corporation from continuing operations-diluted	$	2.90		$	3.15
Tender offer and proxy contest costs, net of tax	(0.11		)	(0.11		)
GAAP earnings per share available to Oshkosh
Corporation from continuing operations-diluted	$	2.79		$	3.04

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ITEM 3.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The Company's quantitative and qualitative disclosures about market risk for changes in interest rates, commodity and foreign currency exchange risk, which are incorporated by reference to Item 7A of the Company's Annual Report on Form 10-K for the year ended September 30, 2012, have not materially changed since that report was filed.

ITEM 4.    CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures. In accordance with Rule 13a-15(b) of the Exchange Act, the Company’s management evaluated, with the participation of the Company’s Chief Executive Officer and Executive Vice President and Chief Financial Officer, the effectiveness of the design and operation of the Company’s disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act) as of the end of the quarter ended March 31, 2013. Based upon their evaluation of these disclosure controls and procedures, the Chief Executive Officer and the Executive Vice President and Chief Financial Officer concluded that the disclosure controls and procedures were effective as of the end of the quarter ended March 31, 2013 to ensure that information required to be disclosed by the Company in the reports it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time period specified in the Securities and Exchange Commission rules and forms, and to ensure that information required to be disclosed by the Company in the reports it files or submits under the Exchange Act is accumulated and communicated to the Company’s management, including its principal executive and principal financial officers, as appropriate, to allow timely decisions regarding required disclosure.

Changes in Internal Control over Financial Reporting. There were no changes in the Company’s internal control over financial reporting that occurred during the quarter ended March 31, 2013 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

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PART II - OTHER INFORMATION

ITEM 1.    LEGAL PROCEEDINGS

None.

ITEM 1A.RISK FACTORS

The Company’s financial position, results of operations and cash flows are subject to various risks, many of which are not exclusively within the Company’s control, which may cause actual performance to differ materially from historical or projected future performance. In addition to the other information set forth in this report, you should carefully consider the risk factors discussed in Item 1A. of our Annual Report on Form 10-K for the year ended September 30, 2012, which have not materially changed other than as reflected below.

Certain of our markets are highly cyclical and the current or any further decline in these markets could have a material adverse effect on our operating performance.

The high levels of sales in our defense segment from 2002 to 2012 was due in significant part to demand for defense trucks, replacement parts and services (including armoring) and truck remanufacturing arising from the conflicts in Iraq and Afghanistan. Events such as these are unplanned, as is the demand for our products that arises out of such events. Virtually all U.S. troops were withdrawn from Iraq during 2011, and plans are in place for the withdrawal of most U.S. combat troops from Afghanistan by December 2014, both of which will likely result in further reductions to the level of defense funding allocated to support U.S. military involvement in those conflicts. In addition, current economic and political conditions have put significant pressure on the U.S. federal budget, including the defense budget. As expected, the DoD budget for fiscal 2013 included significantly lower funding for purchases of new military vehicles that we manufacture under our FHTV and FMTV contracts than in prior years. In addition, the President's fiscal 2014 defense budget request, which includes projected funding requests for defense programs through fiscal 2018, includes slightly lower funding levels for the FHTV and FMTV programs than the already significantly reduced levels that were included in the fiscal 2013 budget and includes no planned funding for the FMTV program starting in fiscal 2015. In addition, the Budget Control Act of 2011 contains an automatic sequestration feature that requires an additional $600 billion of cuts to defense spending over the next ten years. Sequestration took effect on March 1, 2013 following the failure by Congress to enact the necessary legislation to reduce the U.S. federal deficit as mandated by the Budget Control Act of 2011. The magnitude of the adverse impact that federal budget pressures and expected reductions in future defense funding as a result of the withdrawal of U.S. troops from Iraq and planned withdrawal of U.S. troops from Afghanistan will have on funding for Oshkosh defense programs is uncertain, but directionally, we expect such funding to decline significantly. Furthermore, our defense business may fluctuate significantly from time to time as a result of the start and completion of existing and new contract awards that we may receive.

The decline, compared to historical levels, in overall customer demand in our commercial and fire & emergency markets that we have experienced since the start of the global economic downturn and any further decline could have a material adverse effect on our operating performance. While demand in our access equipment markets has rebounded from historical lows that we experienced during the Great Recession and housing starts have begun to improve to support recovery in several of our product lines, such demand is dependent on the global economies and may not be sustainable. Specifically, there are concerns about European economies. Further, sales in Australia have declined in fiscal 2013 from the prior year and there are mixed economic signs in the U.S. All of these factors, whether taken together or individually, could result in lower demand for our products. The access equipment market is highly cyclical and impacted by the strength of economies in general, by residential and non-residential construction spending, by the ability of rental companies to obtain third-party financing to purchase revenue generating assets, by capital expenditures of rental companies in general and by other factors. The ready-mix concrete market that we serve is highly cyclical and impacted by the strength of the economy generally, by the number of housing starts and by other factors that may have an effect on the level of concrete placement activity, either regionally or nationally. Refuse collection vehicle markets are also cyclical and impacted by the strength of economies in general, by municipal tax receipts and by the size and timing of capital expenditures by large waste haulers. Fire & emergency markets are cyclical later in an economic downturn and are impacted by the economy generally and by municipal tax receipts and capital expenditures. Concrete mixer and access equipment sales also are seasonal with the majority of such sales occurring in the spring and summer months, which constitute the traditional construction season in the Northern hemisphere.

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The global economy continues to experience weakness, which has negatively impacted sales volumes for our access equipment, commercial and fire & emergency products as compared to historical levels. In addition, the global economic weakness has resulted in lending institutions imposing tighter credit lending standards, which has continued to restrict our customers' access to capital. Continued weakness in U.S. and European housing starts and non-residential construction spending from historical levels in most geographical areas of the world are further contributing to the lower sales volumes. A lack of significant improvement in residential and non-residential construction spending or continued low levels of construction activity generally may cause future weakness in demand for our products. Municipal tax revenues in the U.S. remain weak, which continues to negatively impact demand for refuse collection vehicles and fire apparatus and has delayed the recovery in these markets. Furthermore, growth in some emerging markets has slowed and could slow even further, which could negatively impact our growth in those markets. We cannot provide any assurance that the global economic weakness and tight credit markets will not continue or become more severe. In addition, we cannot provide any assurance that any economic recovery will not progress more slowly than what we or the market expect. If the global economic weakness and tight credit markets continue or become more severe, or if any economic recovery progresses more slowly than what we or the market expect, then there could be a material adverse effect on our net sales, financial condition, profitability and/or cash flows.

Our dependency on contracts with U.S. and foreign government agencies subjects us to a variety of risks that could materially reduce our revenues or profits.

We are dependent on U.S. and foreign government contracts for a substantial portion of our business. Approximately 91% of our defense segment sales in fiscal 2012 were to the DoD. That business is subject to the following risks, among others, that could have a material adverse effect on our operating performance:

• Our business is susceptible to changes in the U.S. defense budget, which may reduce revenues that we expect from our defense business, especially in light of federal budget pressures in part caused by U.S. economic weakness, the withdrawal of U.S. troops from Iraq, the plans to withdraw U.S. troops from Afghanistan by December 2014, sequestration and the level of defense funding that will be allocated to the DoD's tactical wheeled vehicle strategy generally.

• The U.S. government may not appropriate funding that we expect for our U.S. government contracts, which may prevent us from realizing revenues under current contracts or receiving additional orders that we anticipate we will receive.

• Certain of our government contracts for the U.S. Army and U.S. Marines could be suspended or terminated, and all such contracts expire in the future and may not be replaced, which could reduce revenues that we expect under the contracts and negatively affect margins in our defense segment.

• The Weapon Systems Acquisition Reform Act requires competition for U.S. defense programs in certain circumstances. Competition for DoD programs that we currently have could result in the U.S. government awarding future contracts to another manufacturer or the U.S. government awarding the contracts to us at lower prices and operating margins than we experience under the current contracts.

• Defense truck contract awards that we receive may be subject to protests by competing bidders, which protests, if successful, could result in the DoD revoking part or all of any defense truck contract it awards to us and our inability to recover amounts we have expended in anticipation of initiating production under any such contract.

• Most of our government contracts are fixed-price contracts with price escalation factors included for those contracts that extend beyond one year. Our actual costs on any of these contracts may exceed our projected costs, which could result in profits lower than historically realized or than we anticipate or net losses under these contracts.

• We recognize revenue on certain undefinitized contracts with the DoD to the extent that we can reasonably and reliably estimate the expected final contract price and when collectability is reasonably assured. Undefinitized contracts are used when we and the DoD have not agreed upon all contract terms before we begin performance under the contracts. At March 31, 2013, we had recorded $89.8 million in revenue on contracts that remain undefinitized. To the extent that contract definitization results in changes or adjustments to previously recognized revenues or estimated or incurred costs, including charges from subcontractors, we record those adjustments as a change in estimate in the period of change. While we believe the definitization of contracts will not have a material adverse effect on our financial condition, actual results could vary from current estimates.

• We must spend significant sums on product development and testing, bid and proposal activities and pre-contract engineering, tooling and design activities in competitions to have the opportunity to be awarded these contracts.

• Competitions for the award of defense truck contracts are intense, and we cannot provide any assurance that we will be successful in the defense truck procurement competitions in which we participate.

• Our defense products undergo rigorous testing by the customer and are subject to highly technical requirements. Our products are inspected extensively by the DoD prior to acceptance to determine adherence to contractual technical and quality requirements. Any failure to pass these tests or to comply with these requirements could result in unanticipated

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retrofit and rework costs, vehicle design changes, delayed acceptance of vehicles, late or no payments under such contracts or cancellation of the contract to provide vehicles to the U.S. government.

• As a U.S. government contractor, our U.S. government contracts and systems are subject to audit and review by the Defense Contract Audit Agency and the Defense Contract Management Agency. These agencies review our performance under our U.S. government contracts, our cost structure and our compliance with laws and regulations applicable to U.S. government contractors. Systems that are subject to review include, but are not limited to, our accounting systems, estimating systems, material management systems, earned value management systems, purchasing systems and government property systems. If an audit uncovers improper or illegal activities, then we may be subject to civil and criminal penalties and administrative sanctions that may include the termination of our U.S. government contracts, forfeiture of profits, suspension of payments, fines and, under certain circumstances, suspension or debarment from future U.S. government contracts for a period of time. Whether or not illegal activities are alleged, the U.S. government also has the ability to decrease or withhold certain payments when it deems systems subject to its review to be inadequate. These laws and regulations affect how we do business with our customers and, in some instances, impose added costs on our business.

• Our defense truck contracts are large in size and require significant personnel and production resources, and when such contracts end or significantly reduce their vehicle requirements, we must make adjustments to personnel and production resources. This was the case in October 2012 when we announced the layoff of 450 full time employees and 40 contractors effective January 2013 due to a reduction in production levels. This was also the case when we recently-announced plans to lay-off approximately 700 additional production employees and 200 salaried employees and contractors in June and July 2013. If we are unable to effectively reduce our cost structure commensurate with the completion of certain large defense contracts, our future earnings and cash flows would be adversely affected. In addition, if we are not able to utilize existing defense segment production equipment for alternative purposes, we could incur asset impairment charges as a result of the significant reduction in projected U.S. defense funding.

• We have historically received payments in advance of product deliveries, or performance-based payments (“PBP”), on a number of our U.S. government contracts. In the event that we are not able to meet contractual delivery requirements on these contracts, the U.S. government may discontinue providing PBPs. The U.S. government may also become less willing to offer PBPs or reduce the amount of PBPs on new contract awards, as was the case on our recently negotiated FHTV contract extension. If we stop receiving PBPs or receive PBPs at lower levels on future contract awards, it could have an adverse effect on our cash flows.

• In the event of component availability constraints, the U.S. government has the ability to unilaterally divert the supply of components used on multiple government programs to those programs rated most urgent (DX-rated programs). This could result in the U.S. government diverting the supply of component parts necessary for the production of vehicles under our U.S. defense contracts to other contractors.

• We periodically experience difficulties with sourcing sufficient vehicle carcasses from the U.S. military to maintain our defense truck remanufacturing schedule, which can create uncertainty and inefficiencies for this area of our business.

Changes in regulations could adversely affect our business.

Both our products and the operation of our manufacturing facilities are subject to statutory and regulatory requirements. These include environmental requirements applicable to manufacturing and vehicle emissions, government contracting regulations and domestic and international trade regulations. A significant change to these regulatory requirements could substantially increase manufacturing costs or impact the size or timing of demand for our products, all of which could make our business results more variable.

In particular, climate change is receiving increasing attention worldwide. Many scientists, legislators and others attribute climate change to increased levels of greenhouse gases, including carbon dioxide, which has led to significant legislative and regulatory efforts to limit greenhouse gas emissions. Congress has previously considered and may in the future implement restrictions on greenhouse gas emissions through a cap-and-trade system under which emitters would be required to buy allowances to offset emissions of greenhouse gas. In addition, several states, including states where we have manufacturing plants, are considering various greenhouse gas registration and reduction programs. Our manufacturing plants use energy, including electricity and natural gas, and certain of our plants emit amounts of greenhouse gas that may be affected by these legislative and regulatory efforts. Greenhouse gas regulation could increase the price of the electricity we purchase, increase costs for our use of natural gas, potentially restrict access to or the use of natural gas, require us to purchase allowances to offset our own emissions or result in an overall increase in our costs of raw materials, any one of which could increase our costs, reduce our competitiveness in a global economy or otherwise negatively affect our business, operations or financial results.

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In 2012, the SEC adopted disclosure requirements related to certain minerals sourced from the Democratic Republic of Congo or adjoining countries, as required by Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The final rules impose diligence and disclosure obligations with respect to “conflict minerals,” defined as tin, tantalum, tungsten and gold, which are necessary to the functionality of a product manufactured, or contracted to be manufactured, by an SEC reporting company. Certain of these minerals, particularly gold, are used extensively in components manufactured by our suppliers (or in components incorporated by our suppliers into components supplied to us) for use in our vehicles or other products. If any “conflict minerals” that are necessary to the functionality of a product manufactured by an SEC reporting company originated in the Democratic Republic of Congo or an adjoining country, the final rules require the issuer to prepare and file a report addressing its efforts to exercise due diligence on the source of such “conflict minerals” and their chain of custody. Our supply chain is complex. While we have no intention to use minerals sourced from the Democratic Republic of Congo or adjoining countries, we expect to incur significant costs to determine the source and custody of any “conflict minerals” necessary to the functionality of the products we manufacture. We may also face reputational challenges if we are unable to verify the origins for all “conflict minerals” used in our products, or if we are unable to certify that our products are “conflict free.” Implementation of these rules may also affect the sourcing and availability of some minerals necessary to the manufacture of our products and may affect the availability and price of “conflict minerals” capable of certification as “conflict-free.” Accordingly, we may incur significant costs as a consequence of these rules, which may adversely affect our business, financial condition or results of operations.

ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Common Stock Repurchases

The following table sets forth information with respect to purchases of Common Stock made by the Company or on the Company's behalf during the second quarter of fiscal 2013:

Period	Total Number of Shares Purchased	Average Price Paid per Share		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)	Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs (1)
January 1 - January 31	—	$	—	—	6,749,928
February 1 - February 28	—	—		—	6,749,928
March 1 - March 31	—	—		—	6,749,928
Total	—	—		—	6,749,928

 _________________________

(1) In July 1995, the Company authorized the repurchase of up to 6,000,000 shares of the Company's Common Stock. In July 2012, the Company's Board of Directors increased the repurchase authorization by 4,000,000 shares of Common Stock. On November 15, 2012, the Company's Board of Directors further increased the repurchase authorization from the then remaining 6,683,825 shares of Common Stock to 11,000,000 shares of Common Stock. As of March 31, 2013, the Company had repurchased 4,250,072 shares of Common Stock under this authorization. The Company can use this authorization at any time as there is no expiration date associated with the authorization. From time to time, the Company may enter into a Rule 10b5-1 trading plan for the purpose of repurchasing shares under this authorization.

The Company's credit agreement limits the amount of dividends and other distributions, including repurchases of stock, the Company may pay after April 1, 2012 up to $485.0 million; plus (i) 50% of the consolidated net income of the Company and its subsidiaries, accrued on a cumulative basis during the period beginning on April 1, 2012 and ending on the last day of the fiscal quarter immediately preceding the date of the applicable proposed dividend or distribution; plus (ii) 100% of the aggregate net proceeds received by the Company subsequent to March 31, 2012 either as a contribution to its common equity capital or from the issuance and sale of its Common Stock. The Company's indenture also contains restrictive covenants that may limit the Company's ability to repurchase shares of its Common Stock or make dividends and other types of distributions to shareholders.

ITEM 4.MINE SAFETY DISCLOSURES

Not applicable.

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ITEM 6.    EXHIBITS

Exhibit No.Description

10.1 Oshkosh Corporation KEESA Rabbi Trust Agreement, dated as of January 31, 2013, between Oshkosh Corporation and Wells Fargo Bank, National Association, as Trustee.

10.2 Oshkosh Corporation Supplemental Retirement Plans Rabbi Trust Agreement, dated as of January 31, 2013, between Oshkosh Corporation and Wells Fargo Bank, National Association, as Trustee.

31.1 Certification by the Chief Executive Officer, pursuant to Section 302 of the Sarbanes-Oxley Act, dated April 30, 2013.

31.2 Certification by the Executive Vice President and Chief Financial Officer, pursuant to Section 302 of the Sarbanes-Oxley Act, dated April 30, 2013.

32.1 Written Statement of the Chief Executive Officer, pursuant to 18 U.S.C. §1350, dated April 30, 2013.

32.2 Written Statement of the Executive Vice President and Chief Financial Officer, pursuant to 18 U.S.C. §1350, dated April 30, 2013.

101 The following materials from Oshkosh Corporation's Quarterly Report on Form 10-Q for the quarter ended March 31, 2013 are filed herewith, formatted in XBRL (Extensible Business Reporting Language): (i) the Condensed Consolidated Statements of Income, (ii) the Condensed Consolidated Statements of Comprehensive Income, (iii) the Condensed Consolidated Balance Sheets, (iv) the Condensed Consolidated Statements of Equity, (v) the Condensed Consolidated Statements of Cash Flows, and (vi) Notes to Condensed Consolidated Financial Statements.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		OSHKOSH CORPORATION
April 30, 2013	By	/S/ Charles L. Szews
		Charles L. Szews, Chief Executive Officer
April 30, 2013	By	/S/ David M. Sagehorn
		David M. Sagehorn, Executive Vice President and Chief Financial Officer (Principal Financial Officer)
April 30, 2013	By	/S/ Thomas J. Polnaszek
		Thomas J. Polnaszek, Senior Vice President Finance and Controller (Principal Accounting Officer)

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EXHIBIT INDEX

Exhibit No.Description

10.1 Oshkosh Corporation KEESA Rabbi Trust Agreement, dated as of January 31, 2013, between Oshkosh Corporation and Wells Fargo Bank, National Association, as Trustee.

10.2 Oshkosh Corporation Supplemental Retirement Plans Rabbi Trust Agreement, dated as of January 31, 2013, between Oshkosh Corporation and Wells Fargo Bank, National Association, as Trustee.

31.1 Certification by the Chief Executive Officer, pursuant to Section 302 of the Sarbanes-Oxley Act, dated April 30, 2013.

31.2 Certification by the Executive Vice President and Chief Financial Officer, pursuant to Section 302 of the Sarbanes-Oxley Act, dated April 30, 2013.

32.1 Written Statement of the Chief Executive Officer, pursuant to 18 U.S.C. §1350, dated April 30, 2013.

32.2 Written Statement of the Executive Vice President and Chief Financial Officer, pursuant to 18 U.S.C. §1350, dated April 30, 2013.

101 The following materials from Oshkosh Corporation's Quarterly Report on Form 10-Q for the quarter ended March 31, 2013 are filed herewith, formatted in XBRL (Extensible Business Reporting Language): (i) the Condensed Consolidated Statements of Income, (ii) the Condensed Consolidated Statements of Comprehensive Income, (iii) the Condensed Consolidated Balance Sheets, (iv) the Condensed Consolidated Statements of Equity, (v) the Condensed Consolidated Statements of Cash Flows, and (vi) Notes to Condensed Consolidated Financial Statements.

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EX-10.1

OSHKOSH CORPORATION

KEESA RABBI TRUST AGREEMENT

GRANTOR TRUST AGREEMENT

This Grantor Trust Agreement (the “Trust Agreement”) is made this XX^th day of January, 2013 by and between OSHKOSH CORPORATION (together with any successor thereto, the “Company”) and WELLS FARGO BANK, NATIONAL ASSOCIATION (the “Trustee”).

Recitals

(a) WHEREAS, the Company has entered into one or more employment or severance agreements with employees of the Company (the “Arrangements”), attached hereto as Attachment A;

(b) WHEREAS, the Company may incur liability under the terms of the Arrangements with respect to the individuals covered by the Arrangements (the “Participants and Beneficiaries”);

(c) WHEREAS, the Company hereby establishes a Trust (the “Trust”) and shall contribute to the Trust assets that shall be held therein, subject to the claims of the Company’s creditors if the Company is Insolvent, as herein defined, until paid to Participants and their Beneficiaries in such manner and at such times as specified in the Arrangements and in this Trust Agreement; and

(d) WHEREAS, it is the intention of the parties that this Trust shall constitute an unfunded arrangement and shall not affect the status of the Arrangements as an unfunded plan maintained for the purpose of providing deferred compensation for a select group of management or highly compensated employees for purposes of Title I of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).

NOW, THEREFORE, the parties do hereby establish the Trust and agree that the Trust shall be comprised, held and disposed of as follows:

Section 1.    Establishment of The Trust

(a) The Trust is intended to be a Grantor Trust, of which the Company is the Grantor, within the meaning of subpart E, part I, subchapter J, chapter 1, subtitle A of the Internal Revenue Code of 1986, as amended (“Code”), and shall be construed accordingly.

(b) The Company shall be considered a Grantor for the purposes of the Trust.

(c) Except as specifically provided herein, the Trust hereby established is irrevocable.

(d) The Company hereby deposits with the Trustee in the Trust one-thousand dollars and zero cents ($1,000.00) (the “Initial Contribution”) which shall become the principal of the Trust to be held, administered and disposed of by the Trustee as provided in this Trust Agreement.

(e) The principal of the Trust and any earnings thereon shall be held separate and apart from other funds of the Company and shall be used exclusively for the uses and herein set forth. Participants and their Beneficiaries shall have no preferred claim on, or any beneficial ownership interest in, any assets of the Trust. Any rights created under the Arrangements and this Trust Agreement shall be unsecured contractual rights of Participants and their Beneficiaries against the Company. Any assets held by the Trust will be subject to the claims of the general creditors of the Company under federal and state law in the event the Company is Insolvent, as defined in Section 3(a).

(f) In addition to the Initial Contribution, the Company shall make such other contributions as shall from time to time be authorized by due corporate action. Any such contributions made by the Company may be in cash, by letter of credit or, prior to the date as of which a Change in Control occurs, in such property (including, without limitation, securities issued by the Company) as the Company may determine. Prior to a Change in Control, neither the Trustee nor any Participant or Beneficiary shall have any right to compel additional contributions.

The Company shall keep accurate books and records with respect to the interest of each Participant or Beneficiary in any Arrangement and shall provide copies of such books and records to the Trustee at any time as the Trustee shall request.

(g) Upon a Change in Control, the Company shall, as soon as possible, but in no event later than three (3) business days thereafter, make a contribution to the Trust in an amount that is sufficient (taking into account the Trust assets, if any, resulting from prior contributions) to fund the Trust in an amount that is at least equal to one hundred percent (100%) of the Required Funding, the Dispute Expense Reserve and the Trust Expense Reserve. The “Required Funding” shall be equal to the amount necessary to pay the benefits to which Participants or their Beneficiaries would be entitled pursuant to the terms of the Arrangements, without any discount for present value, assuming all contingencies required for the payment thereunder had been met as of the date on which the Change in Control occurred. The “Dispute Expense Reserve” shall be equal to two hundred and fifty thousand dollars ($250,000), which shall be used solely to reimburse Participant or Beneficiary legal fees as approved under the Arrangements in the event of a dispute regarding the entitlement to a benefit under the Arrangements. The “Trust Expense Reserve” shall be equal to the lesser of: 1) the estimated trustee and record-keeper expenses and fees for one year or 2) seventy-five thousand dollars ($75,000), which reserve shall be used solely to pay the Trustee’s fees and expenses.     Thereafter, as of each December 31, the Company shall recalculate the Required Funding (but based on the amount necessary to pay the benefits to which Participants or their Beneficiaries would be entitled pursuant to the terms of the Arrangements, without any discount for present value, assuming all contingencies required for payment thereunder had been met as of such December 31), the Dispute Expense Reserve and the Trust Expense Reserve, and if the assets of the Trust are less than the sum of the Required Funding, the Dispute Expense Reserve and the Trust Expense Reserve as so recalculated, then the Company shall make a contribution to the Trust as soon as administratively possible but no later than sixty(60) days after January 1 in an amount equal to no less than one hundred percent (100%) of the Required Funding, the Dispute Expense Reserve and the Trust Expense Reserve as so recalculated.

(h) Notwithstanding anything herein to the contrary, the Company shall not make any contributions to the Trust if such contributions would result in the Participants or Beneficiaries becoming subject to the tax imposed by Code section 409A. In addition, if the maintenance of assets in the Trust for the benefit of an “applicable covered employee” (as defined in Code section 409A(b)(3)(D)) would result in such individual becoming subject to an additional tax under Code section 409A, then the Trustee shall, promptly upon notification by the Company and receipt of a legal opinion from Company’s counsel that Code section 409A(b)(3)(A) applies, return the assets related to such individual to the Company. In either such event, promptly following the date that the Company may make contributions (if otherwise required) to the Trust without causing additional taxes to be due under Code section 409A, the Company will make such contributions and, if a return of assets to the Company was made, the Company shall redeposit such assets into the Trust.

Section 2. Payments to Participants and Their Beneficiaries

(a) Immediately after a Change in Control, the Company shall deliver to the Trustee a schedule of benefits due under the Arrangements (the “Payment Schedule”). The Payment Schedule will provide directions to the Trustee regarding the amounts so payable, and will set forth the form(s), the time of commencement and conclusion of benefits and payments (as provided for or available under the Arrangements), and the state and federal tax withholding guidelines. After a Change in Control, the Trustee shall pay benefits due in accordance with such Payment Schedule. After a Change in Control, the Company shall continue to make the determination of benefits due to Participants or their Beneficiaries and shall provide the Trustee with an updated Payment Schedule,; provided, however, that a Participant or (following the Participant’s death) their Beneficiaries may make application to the Trustee for an independent decision as to the amount or form of their benefits due under the Arrangements, and in such case, the Trustee shall make a determination in response to the application as soon as practicable but in no event later than ninety (90) days of receiving all necessary information and data to make a determination. If a determination is not completed within ninety (90) days, the Trustee shall notify the affected parties that a thirty (30) day extension is required to complete its independent decision. If in making any determination required or permitted to be made by the Trustee under this Section, the Trustee shall, in each such case, reach its own independent determination, in its absolute and sole discretion. In making its determination, the Trustee may consult with and make such inquiries of such persons, including the Participant or Beneficiary, the Company, legal counsel, actuaries or other persons, as the Trustee may reasonably deem necessary. Any reasonable costs incurred by the Trustee in arriving at its determination shall be reimbursed by the Company and, to the extent not paid by the Companywithin a reasonable time, shall be charged to the Trust (but not the Dispute Expense Reserve or Trust Expense Reserve). The Company waives any right to contest any amount paid over by the Trustee hereunder pursuant to a good faith determination made by the Trustee notwithstanding any claim by or on behalf of the Company (absent a manifest abuse of discretion by the Trustee) that such payments should not be made.

(b) After a Change in Control, to the extent contemplated by the terms of the Arrangement, a Participant or Beneficiary may seek reimbursement from the Company of any reasonable attorney’s fees and necessary costs incurred (collectively, “Legal Fees”) to settle a dispute or in connection with any legal or arbitration proceeding with respect to such individual’s Arrangement. If not paid by the Company by the deadline established under the Arrangement, then the Participant or Beneficiary may provide a written request to the Trustee for reimbursement of such Legal Fees from the Dispute Expense Reserve. The written request shall be accompanied by such documentation of the Legal Fees incurred as the Trustee may reasonably request. The Trustee shall reimburse the Participant or Beneficiary (or such other person as the Participant or Beneficiary may designate in writing) the amount of all properly substantiated Legal Fees from the Dispute Expense Reserve within thirty (30) days of receipt of the written request (and accompanying substantiation) and, to the extent there are not adequate assets in the Dispute Expense Reserve, from the remainder of the Trust. The Company waives any right to contest any amount paid over by the Trustee from the Dispute Expense Reserve hereunder pursuant to a good faith determination made by the Trustee notwithstanding any claim by or on behalf of the Company (absent a manifest abuse of discretion by the Trustee) that such payments should not be made.

(c) The Trustee agrees that it will not itself institute any action at law or at equity, whether in the nature of an accounting, interpleading action, request for a declaratory judgment or otherwise, requesting a court or administrative or quasi-judicial body to make the determination required to be made by the Trustee under this Section 2 in the place and stead of the Trustee. The Trustee may (and, if necessary or appropriate, shall), following a Change in Control, institute an action to collect a contribution due the Trust or in the event that the Trust should ever experience a shortfall in the amount of assets necessary to make payments pursuant to the terms of the Arrangements.

(d) The Trustee agrees to withhold and remit to the proper taxing authority all federal, state, local and foreign taxes required as directed by the Company pursuant to Section 2(a) to be withheld with respect to any payment or benefits payable under this Trust.

Section 3. Trustee Responsibility Regarding Payments

To The Trust Beneficiary When The Company Is Insolvent

(a) The Trustee shall cease payment of benefits under the Arrangements if the Company is Insolvent. The Company shall be considered "Insolvent" for purposes of this Trust Agreement if (i) the Company is unable to pay its debts as they become due, or (ii) the Company is subject to a pending proceeding as a debtor under the United States Bankruptcy Code.

(b) At all times during the continuance of this Trust, the principal and income of the Trust (including the Dispute Expense Reserve and the Trust Expense Reserve) shall be subject to claims of general creditors of the Company under federal and state law as set forth below.

(1)    If the Company is Insolvent, then an “Authorized Signer” of the Company shall have the duty to inform the Trustee in writing that the Company is Insolvent. An “Authorized Signer” shall be those officers listed on the most recent authorized signer list on file with the Trustee. If a person claiming to be a creditor of the Company alleges in writing to the Trustee that the Company has become Insolvent, the Trustee shall determine whether the Company is Insolvent and, pending such determination, the Trustee shall discontinue payment of benefits under the Arrangements.

(2)    Unless the Trustee has actual knowledge that the Company is Insolvent, or has received notice from the Company or a person claiming to be a creditor alleging that the Company is Insolvent, the Trustee shall have no duty to inquire whether the Company is Insolvent. The Trustee may in all events rely on such evidence concerning the Company's solvency as may be furnished to the Trustee and that provides the Trustee with a reasonable basis for making a determination concerning the Company's solvency.

(3)    If at any time the Trustee has determined that the Company is Insolvent, the Trustee shall discontinue payments from the Trust and shall hold the assets of the Trust for the benefit of the Company's general creditors. Nothing in this Trust Agreement shall in any way diminish any rights of Participants or their Beneficiaries to pursue their rights as general creditors of the Company with respect to benefits due under the Arrangements or otherwise.

(4)    The Trustee shall resume the payment of benefits under the Arrangements in accordance with Section 2 only after the Trustee has determined that the Company is not Insolvent (or is no longer Insolvent).

(c) Provided that there are sufficient assets, if the Trustee discontinues the payment of benefits from the Trust pursuant to Section 3(b) and subsequently resumes such payments, the first payment following such discontinuance shall include the aggregate amount of all payments due under the terms of the Arrangements for the period of such discontinuance, less the aggregate amount of any payments made by the Company in lieu of the payments provided for hereunder during any such period of discontinuance, all in accordance with the Payment Schedule, which shall be modified by the Company as necessary to comply with the provisions of this paragraph (c).

Section 4. Payments When a Shortfall of Trust Assets Occurs

(a) If, following a Change in Control, there are not sufficient assets for the payment of current and expected future benefits pursuant to Section 2 or Section 3(c) and the Company does not otherwise make such payments within a reasonable time after demand from the Trustee, the Trustee shall allocate the Trust assets among the Participants or their Beneficiaries in the following order of priority:

(1) those Participants and their Beneficiaries who are in pay status under the Arrangements; and

(2) those Participants and their Beneficiaries who are not yet in pay status under the Arrangements.

(b) Within each category, assets shall be allocated pro-rata with respect to the total present value of benefits expected for each Participant or Beneficiary within the category, and payments with respect to each Participant or Beneficiary shall be made to the extent of the assets allocated to each Participant or Beneficiary.

(c) Upon receipt of a contribution from the Company necessary to make up for a shortfall in the payments due, the Trustee shall resume payments with respect to all the Participants and Beneficiaries then entitled thereto under the Arrangements. Following a Change in Control, the Trustee shall have the right and duty to compel a contribution to the Trust from the Company to make-up for any shortfall.

Section 5.    Payments to the Company

(a) Except as provided in Section 1(h), Section 3, Section 5(b), and Section 8(a), the Company shall have no right or power to direct the Trustee to return to the Company or to divert to persons other than Participants and their Beneficiaries any of the Trust assets before all payment of benefits have been made pursuant to the terms of the Arrangements.

(b) In the event that the Trustee in its sole and absolute discretion, after a Change in Control, determines that the Trust assets exceed one-hundred percent (100%) of the sum of the Required Funding, the Dispute Expense Reserve and the Trust Expense Reserve, the Trustee in its sole and absolute discretion, after a Change in Control, shall distribute to the Company such excess portion of Trust assets.

Section 6.    Investment Authority

(a) Prior to a Change in Control, the Company shall have the right, subject to this Section, to direct the Trustee with respect to investments.

(1)    The Company may direct the Trustee to segregate all or a portion of the assets of the Trust and earnings thereon (the “Fund”) in a separate investment account or accounts and may appoint one or more investment managers and/or an investment committee established by the Company to direct the investment and reinvestment of each such investment account or accounts. In such event, the Company shall notify the Trustee of the appointment of each such investment manager and/or investment committee. No such investment manager shall be related, directly or indirectly, to the Company, but members of the investment committee may be employees of the Company. In the absence of any such designation, an authorized representative of the Company shall direct the Trustee with respect to investments.

(2)    Thereafter, until a Change in Control, the Trustee shall make every sale or investment with respect to such investment account as directed in writing by the Company, investment manager or investment committee, as applicable. It shall be the duty of the Trustee to act strictly in accordance with each direction. The Trustee shall be under no duty to question any such direction of the Company, investment manager or investment committee, to review any securities or other property held in the Fund (or any investment account or accounts maintained under the Trust) acquired by it pursuant to such directions or to make any recommendations to the Company, investment managers or investment committee with respect to such securities or other property.

(3)    Notwithstanding the foregoing, the Trustee, without obtaining prior approval or direction from the Company, an investment manager or investment committee, shall invest cash balances held by it from time to time in short term cash equivalents including, but not limited to, through the medium of any short term common, collective or commingled trust fund established and maintained by the Trustee subject to the instrument establishing such trust fund, U.S. Treasury Bills, commercial paper (including such forms of commercial paper as may be available through the Trustee’s Trust Department), certificates of deposit (including certificates issued by the Trustee in its separate corporate capacity), and similar type securities, with a maturity not to exceed one year; and, furthermore, sell such short term investments as may be necessary to carry out the instructions of the Company, an investment manager or investment committee regarding more permanent type investment and directed distributions.

(4)    The Trustee shall neither be liable nor responsible for any loss resulting to the Fund by reason of any sale or purchase of an investment directed by the Company, an investment manager or investment committee nor by reason of the failure to take any action with respect to any investment which was acquired pursuant to any such direction in the absence of further directions by the Company, such investment manager or investment committee.

a. Notwithstanding anything in this Agreement to the contrary, the Trustee shall be indemnified and saved harmless by the Company from and against any and all personal liability to which the Trustee may be subjected by carrying out any directions of the Company, an investment manager or investment committee issued pursuant hereto or for failure to act in the absence of directions of the Company, an investment manager or investment committee including all expenses reasonably incurred in its defense in the event the Company fails to provide such defense; provided, however, the Trustee shall not be so indemnified if it participates knowingly in, or knowingly undertakes to conceal, an act or omission of the Company, an investment manager or investment committee, having actual knowledge that such act or omission is a breach of a fiduciary duty; provided further, however, that the Trustee shall not be deemed to have knowingly participated in or knowingly undertaken to conceal an act or omission of the Company, an investment manager or investment committee with knowledge that such act or omission was a breach of fiduciary duty by merely complying with directions of the Company, an investment manager or investment committee or for failure to act in the absence of directions of the Company, an investment manager or investment committee. The Trustee may rely upon any order, certificate, notice, direction or other documentary confirmation purporting to have been issued by the Company, investment manager or investment committee which the Trustee believes to be genuine and to have been issued by the Company, investment manager or investment committee, as applicable. The Trustee shall not be charged with knowledge of the termination of the appointment of any authorized representative of the Company, any investment manager or investment committee until it receives written notice thereof from the Company.

b. The Company, prior to a Change in Control, may direct the Trustee to invest in securities (including stock and the rights to acquire stock) or obligations issued by the Company.

c. All rights associated with respect to any investment held by the Trust, including but not limited to, exercising or voting of proxies, in person or by general or limited proxy, shall be in accordance with and as directed in writing by the Company or its authorized representative.

(b) Subsequent to a Change in Control, the Trustee shall have the following powers in investing and reinvesting the Fund in its sole discretion, provided however, that the Trustee shall exercise such authority with the intent of preserving capital:

(1)    To invest and reinvest in any readily marketable common and preferred stocks (including any stock or security of the Company), bonds, notes, debentures (including convertible stocks and securities but not including any stock or security of the Trustee other than a de minimis amount held in a collective or mutual fund), certificates of deposit or demand or time deposits (including any such deposits with the Trustee), limited partnerships or limited liability companies, private placements and shares of investment companies, and mutual funds, without being limited to the classes or property in which the Trustees are authorized to invest by any law or any rule of court of any state and without regard to the proportion any such property may bear to the entire amount of the Fund. Without limitation, the Trustee may invest the Trust in any investment company (including any investment company or companies for which Wells Fargo Bank, N.A. or an affiliated company acts as the investment advisor {“Special Investment Companies”}) or, any insurance contract or contracts issued by an insurance company or companies in each case as the Trustee may determine provided that the Trustee may in its sole discretion keep such portion of the Trust in cash or cash balances for such reasonable periods as may from time to time be deemed advisable pending investment or in order to meet contemplated payments of benefits;

(2)    To invest and reinvest all or any portion of the Fund collectively through the medium of any proprietary mutual fund that may be established and maintained by the Trustee;

(3)    To commingle for investment purposes all or any portion of the Fund with assets of any other similar trust or trusts established by the Company with the Trustee for the purpose of safeguarding deferred compensation or retirement income benefits of its employees and/or directors;

(4)    To retain any property at any time received by the Trustee;

(5)    To sell or exchange any property held by it at public or private sale, for cash or on credit, to grant and exercise options for the purchase or exchange thereof, to exercise all conversion or subscription rights pertaining to any such property and to enter into any covenant or agreement to purchase any property in the future;

(6)    To participate in any plan of reorganization, consolidation, merger, combination, liquidation or other similar plan relating to property held by it and to consent to or oppose any such plan or any action thereunder or any contract, lease, mortgage, purchase, sale or other action by any person;

(7)    To deposit any property held by it with any protective, reorganization or similar committee, to delegate discretionary power thereto, and to pay part of the expenses and compensation thereof for any assessments levied with respect to any such property to be deposited;

(8)    To extend the time of payment of any obligation held by it;

(9)    To hold uninvested any moneys received by it, without liability for interest thereon, but only in anticipation of payments due for investments, reinvestments, expenses or disbursements;

(10)    To exercise all voting or other rights with respect to any property held by it and to grant proxies, discretionary or otherwise;

(11)    For the purposes of the Trust, to borrow money from others, to issue its promissory note or notes therefor, and to secure the repayment thereof by pledging any property held by it;

(12)    To employ suitable contractors and counsel, who may be counsel to the Company or to the Trustee, and to pay their reasonable expenses and compensation from the Fund to the extent not paid by the Company;

(13)    To register investments in its own name or in the name of a nominee; and to combine certificates representing securities with certificates of the same issue held by it in other fiduciary capacities or to deposit or to arrange for the deposit of such securities with any depository, even though, when so deposited, such securities may be held in the name of the nominee of such depository with other securities deposited therewith by other persons, or to deposit or to arrange for the deposit of any securities issued or guaranteed by the United States government, or any agency or instrumentality thereof, including securities evidenced by book entries rather than by certificates, with the United States Department of the Treasury or a Federal Reserve Bank, even though, when so deposited, such securities may not be held separate from securities deposited therein by other persons; provided, however, that no securities held in the Fund shall be deposited with the United States Department of the Treasury or a Federal Reserve Bank or other depository in the same account as any individual property of the Trustee, and provided, further, that the books and records of the Trustee shall at all times show that all such securities are part of the Trust Fund;

(14)    To settle, compromise or submit to arbitration any claims, debts or damages due or owing to or from the Trust, respectively, to commence or defend suits or legal proceedings to protect any interest of the Trust, and to represent the Trust in all suits or legal proceedings in any court or before any other body or tribunal; provided, however, that the Trustee shall not be required to take any such action unless it shall have been indemnified by the Company to its reasonable satisfaction against liability or expenses it might incur therefrom;

(15)    Subject to Section 7, to hold and retain policies of life insurance, annuity contracts, and other property of any kind which policies are contributed to the Trust by the Company or any subsidiary of the Company or are purchased by the Trustee;

(16)    To hold any other class of assets which may be contributed by the Company and     that is deemed reasonable by the Trustee, unless expressly prohibited herein;

(17)    To loan any securities at any time held by it to brokers or dealers upon such security as may be deemed advisable, and during the terms of any such loan to permit the loaned securities to be transferred into the name of and voted by the borrower or others; and

(18)    Generally, to do all acts, whether or not expressly authorized, that the Trustee may deem necessary or desirable for the protection of the Fund.

(c) Following a Change in Control, the Trustee shall have the sole and absolute discretion in the management of the Fund and shall have all the powers set forth under Section 6(b). In investing the Trust assets, the Trustee shall consider:

(1)    the needs of the Arrangements;

(2) the need for matching of the Trust assets with the liabilities of the Arrangements; and

(3) the duty of the Trustee to act solely in the best interests of the Participants and their Beneficiaries.

(d) The Trustee shall have the right, in its sole discretion, to delegate its investment responsibility to an investment manager who may be an affiliate of the Trustee but, following a Change in Control, may not be an affiliate of the Company. In the event the Trustee shall exercise this right, the Trustee shall remain, at all times responsible for the acts of an investment manager. The Trustee shall have the right to purchase an insurance policy or an annuity to fund the benefits of the Arrangements, provided such purchase does not cause a Participant or Beneficiary to be considered in violation of section 409A of the Code.

(e) The Company shall have the right at any time, and from time to time, in its sole discretion, to substitute assets (other than securities issued by the Trustee or the Company) of equal fair market value for any asset held by the Trust. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacity; provided, however, that, following aChange in Control, no such substitution shall be permitted unless the Trustee determines that the fair market values of the substituted assets are equal.

Section 7.    Insurance Contracts

(a) To the extent that the Trustee is directed by the Company prior to a Change in Control to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

(b) Each insurance contract issued shall provide that the Trustee shall be the owner thereof with the power to exercise all rights, privileges, options and elections granted by or permitted under such contract or under the rules of the insurer. The exercise by the Trustee of any incidents of ownership under any contract shall, prior to a Change in Control, be subject to the direction of the Company. After a Change in Control, the Trustee shall have all such rights.

(c) The Trustee shall have no power to name a beneficiary of the policy other than the Trust, to assign the policy (as distinct from conversion of the policy to a different form) other than to a successor Trustee, or to loan to any person the proceeds of any borrowing against an insurance policy held in the Trust Fund.

(d) No insurer shall be deemed to be a party to the Trust and an insurer’s obligations shall be measured and determined solely by the terms of contracts and other agreements executed by the insurer.

Section 8.    Disposition of Income

(a) Prior to a Change in Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within the Trust at the direction of the Company.

(b) Following a Change in Control, all income received by the Trust, net of expenses and taxes payable by the Trust, shall be accumulated and reinvested within the Trust as part of the Fund.

Section 9.    Accounting by The Trustee

The Trustee shall keep accurate and detailed records of all investments, receipts, disbursements, and all other transactions required to be made, including such specific records as shall be agreed upon in writing between the Company and the Trustee. Within forty-five (45) days following the close of each fiscal year of the Company and within forty-five (45) days after the removal or resignation of the Trustee, the Trustee shall deliver to the Company a written account of its administration of the Trust during such year or during the period from the close of the last preceding year to the date of such removal or resignation setting forth all investments, receipts, disbursements and other transactions effected by it, including a description of all securities and investments purchased and sold with the cost or net proceeds of such purchases or sales (accrued interest paid or receivable being shown separately), and showing all cash, securities and other property held in the Trust at the end of such year or as of the date of such removal or resignation, as the case may be. The Company may approve such account by an instrument in writing delivered to the Trustee. In the absence of the Company’s filing with the Trustee objections to any such account within ninety (90) days after its receipt, the Company shall be deemed to have so approved such account. In such case, or upon the written approval by the Company of any such account, the Trustee shall, to the extent permitted by law, be discharged from all liability to the Company for its acts or failures to act described by such account. The foregoing, however, shall not preclude the Trustee from having its accounting settled by a court of competent jurisdiction. The Trustee shall be entitled to hold and to commingle the assets of the Trust in one Fund for investment purposes but at the direction of the Company prior to a Change in Control, the Trustee shall create one or more sub-accounts.

Section 10.    Responsibility of The Trustee

(a) The Trustee shall act with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims, provided, however, that the Trustee shall incur no liability to any person for any action taken pursuant to a direction, request or approval given by the Company which is contemplated by, and in conformity with, the terms of the Arrangements or this Trust and is given in writing by the Company. In the event of a dispute between the Company and a party, the Trustee may apply to a court of competent jurisdiction to resolve the dispute, subject, however to Section 2(d).

(b) The Company hereby indemnifies the Trustee against losses, liabilities, claims, costs and expenses in connection with the administration of the Trust, unless resulting from the gross negligence or willful misconduct of Trustee. To the extent the Company fails to make any payment on account of an indemnity provided in this paragraph 10(b), in a reasonably timely manner, the Trustee may obtain payment from the Trust. If the Trustee undertakes or defends any litigation arising in connection with this Trust or to protect a Participant’s or Beneficiary’s rights under the Arrangements, the Company agrees to indemnify the Trustee against the Trustee's costs, reasonable expenses and liabilities (including, without limitation, attorneys' fees and expenses) relating thereto and to be primarily liable for such payments. If the Company does not pay such costs, expenses and liabilities in a reasonably timely manner, the Trustee may obtain payment from the Fund. If the Trustee is found to have engaged in gross negligence or willful misconduct, then the Trustee shall promptly reimburse the Company, or the Trust if applicable, for any costs, expenses and liabilities that the Company or the Trust has paid on behalf of the Trustee with respect to such litigation. The provisions of this paragraph (b) shall not apply with respect to investment decisions directed by the Company, an investment manager or investment committee, which are governed solely by Section 6(a)(4).

(c) Prior to a Change in Control, the Trustee may consult with legal counsel (who may also be counsel for the Company generally) with respect to any of its duties or obligations hereunder. Following a Change in Control the Trustee shall select legal counsel that does not otherwise act as counsel to the Company or any of its affiliates and may consult with counsel or other persons with respect to its duties and with respect to the rights of Participants or their Beneficiaries under the Arrangements.

(d) The Trustee may hire agents, accountants, actuaries, investment advisors, financial consultants or other professionals to assist it in performing any of its duties or obligations hereunder and may rely on any determinations made by such agents and information provided to it by the Company.

(e) The Trustee shall have, without exclusion, all powers conferred on the Trustee by applicable law, unless expressly provided otherwise herein.

(f) Notwithstanding any powers granted to the Trustee pursuant to this Trust Agreement or to applicable law, the Trustee shall not have any power that could give this Trust the objective of carrying on a business and dividing the gains therefrom, within the meaning of section 301.7701-2 of the Procedure and Administrative Regulations promulgated pursuant to theCode.

Section 11.    Compensation and Expenses of The Trustee

The Trustee’s compensation shall initially be an amount as set forth in a mutually agreed upon fee schedule as it may be amended in writing from time to time by the Company and the Trustee. The Trustee will send a quarterly invoice to the Company of its administrative expenses (including but not limited to fees and expenses of its agents) and fees, and the Company shall pay all such administrative expenses and fees within thirty (30) days of receipt of such invoice. If the Company does not so make payment within thirty (30) days of being invoiced, the fees and expenses shall be paid from the Fund (first from the Trust Expense Reserve until it is depleted, and then from any remaining portion of the Fund).

Section 12.    Resignation and Removal of The Trustee

(a) Prior to a Change in Control, the Trustee may resign at any time by written notice to the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only after the appointment of a successor Trustee.

(b) The Trustee may be removed by the Company on sixty days (60) days’ notice or upon shorter notice accepted by the Trustee. Notwithstanding the foregoing, after a Change in Control, the Trustee may only be removed by the Company with the consent of a Majority of the Participants.

(c) If the Trustee resigns within two years after a Change in Control, the Company, or if the Company fails to act within a reasonable period of time following such resignation, the Trustee, shall apply to a court of competent jurisdiction for the appointment of a successor Trustee which satisfies the requirements of Section 13 or for instructions.

(d) Upon the effective date of resignation or removal of the Trustee and appointment of a successor Trustee, as mutually agreed upon by the Company, the Trustee and the successor Trustee (although the Company’s agreement shall not be required if the successor Trustee is appointed by a court pursuant to paragraph (e) of this section), all assets of the Trust shall be transferred promptly to the successor Trustee. The transfer shall be effective on the date the resignation or removal of the Trustee becomes effective, unless the Company extends the time limit.

(e) If the Trustee resigns or is removed, a successor shall be appointed by the Company, in accordance with Section 13, by the effective date of resignation or removal under paragraph(s) (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Section 13.    Appointment of Successor

(a) If the Trustee resigns or is removed in accordance with Section 12, the Company may appoint, subject to Section 12, any third party that is not an affiliate of the Company, such as a bank trust department or other party that may be granted corporate trustee powers under state law with a market capitalization exceeding $100,000,000, to replace the Trustee upon resignation or removal. The successor Trustee shall have all of the rights and powers of the former Trustee, including ownership rights in the Trust. The former Trustee shall execute any instrument necessary or reasonably requested by the Company or the successor Trustee to evidence the transfer.

(b) The successor Trustee need not examine the records and acts of any prior Trustee and may retain or dispose of existing Trust assets, subject to Section 9 and 10. The successor Trustee shall not be responsible for and the Company shall indemnify and defend the successor Trustee from any claim or liability resulting from any action or inaction of any prior Trustee or from any other past event related to the Trust or the Fund, or any condition existing with respect to the Trust or the Fund at the time it becomes successor Trustee.

Section 14. Amendment or Termination

(a) This Trust Agreement may be amended by a written instrument executed by the Trustee and the Company, except as otherwise provided in this Section 14. Notwithstanding the foregoing, no such amendment shall conflict with the terms of the Arrangements or shall make the Trust revocable.

(b) Following a Change in Control, except as provided in Section 14(c), the Trust shall not terminate until the date on which Participants and their Beneficiaries have received all of the benefits due to them under the terms and conditions of the Arrangements.

(c) Following a Change in Control, upon written approval of all Participants and Beneficiaries of deceased Participants who are or may become (assuming all contingencies are met) entitled to payment of benefits pursuant to the terms of the Arrangements, the Company may terminate this Trust prior to the time all benefit payments under the Arrangements have been made. All assets in the Trust at termination shall be returned to the Company.

(d) This Trust Agreement may not be amended by the Company following a Change in Control without the written consent of a Majority of the Participants, unless such amendment is required by law or is required to avoid a violation under Code section 409A.

Section 15.    Definitions

(a) For purposes of this Trust, the following terms, when capitalized, shall be defined as set forth below:

(1)    “Change in Control” shall have the meaning ascribed in the Arrangements.

(2) “Majority of Participants” shall mean seventy-five percent (75%) of the number of Participants (or Beneficiaries, in the case of a deceased Participant) who are or may become entitled to benefits under the Arrangement(s) listed on Attachment A of this Trust Agreement.

(b) An Authorized Signer of the Company shall have the specific authority to determine whether a Change in Control has transpired, and shall give the Trustee notice of a Change in Control. The Trustee shall be entitled to rely upon such notice, but if the Trustee receives notice of a Change in Control from another source, the Trustee shall make its own independent determination. Further, after such time as an Authorized Signer of the Company has advised the Trustee that a Change in Control has transpired, an Authorized Signer of the Company may not thereafter advise the Trustee that a Change in Control has not transpired.

Section 16.Confidentiality

(a) The existence of this Trust Agreement, information concerning a Change in Control and certain information relating to the Trust is "Confidential Information" pursuant to applicable federal and state law, and as such it shall be maintained by Trustee in confidence and not disclosed, used or duplicated, except as described in this section. If it is necessary for the Trustee to disclose Confidential Information to a third party in order to perform the Trustee's duties hereunder, the Trustee shall disclose only such Confidential Information as is necessary for such third party to perform its obligations to the Trustee and shall, before such disclosure is made, ensure that said third party understands and agrees to the confidentiality obligations set forth herein. The Trustee shall maintain an appropriate information security program and adequate administrative and physical safeguards to prevent the unauthorized disclosure, misuse, alteration or destruction of Confidential Information, and shall inform the Company as soon as possible of any security breach or other incident involving possible unauthorized disclosure of or access to Confidential Information. Confidential Information does not include information that is generally known or available to the public or that is not treated as confidential by the Company, provided, however, that this exception shall not apply to any publicly available information to the extent that the disclosure or sharing of the information by one or both parties is subject to any limitation, restriction, consent, or notification requirement under any applicable federal or state information privacy law or regulation. If the Trustee is required by law, according to the advice of competent counsel, to disclose Confidential Information, the Trustee may do so without breaching this section, but shall first, if feasible and legally permissible, provide the Company with prompt notice of such pending disclosure so that the Company may seek a protective order or other appropriate remedy or waive compliance with the provisions of this section.

Section 17.    Miscellaneous

(a) Any provision of this Trust Agreement prohibited by law shall be ineffective to the extent of any such prohibition, without invalidating the remaining provisions hereof.

(b) The Company hereby represents and warrants that all of the Arrangements have been established, maintained and administered in accordance with all applicable laws, including without limitation, ERISA to the extent applicable. The Company hereby indemnifies and agrees to hold the Trustee harmless from all liabilities, including attorneys’ fees, relating to or arising out of the establishment, maintenance and administration of the Arrangements. To the extent the Company does not pay any of such liabilities in a reasonably timely manner, the Trustee may obtain payment from the Trust.

(c) Benefits payable to Participants and their Beneficiaries under this Trust Agreement may not be anticipated, assigned (either at law or in equity), alienated, pledged, encumbered or subjected to attachment, garnishment, levy, execution or other legal or equitable process. Notwithstanding the foregoing, to the extent the Trustee determines that the law so requires, the Trustee shall comply with any wage garnishment that applies to payments as they become due hereunder.

(d) This Trust Agreement shall be governed by and construed in accordance with the laws of Wisconsin, without regard to conflict of law principles thereof.

IN WITNESS WHEREOF, this Grantor Trust Agreement has been executed on behalf of the parties hereto on the day and year first above written.

OSHKOSH CORPORATION	WELLS FARGO BANK, NATIONAL ASSOCIATION as TRUSTEE
By: ___________________________________	By: ___________________________________
Its: ___________________________________	Its: ___________________________________
ATTEST:	ATTEST:
By: ___________________________________	By: ___________________________________
Its: ___________________________________	Its: ___________________________________

Attachment A

As of January XX 2013

The following Arrangements are covered by this Trust:

[List of KEESAs to be provided here]

EX-10.2

OSHKOSH CORPORATION

SUPPLEMENTAL RETIREMENT PLANS

RABBI TRUST AGREEMENT

GRANTOR TRUST AGREEMENT

This Grantor Trust Agreement (the “Trust Agreement”) is made this XX^th day of January, 2013 by and between OSHKOSH CORPORATION (together with any successor thereto, the “Company”) and WELLS FARGO BANK, NATIONAL ASSOCIATION (the “Trustee”).

Recitals

(a) WHEREAS, the Company has established one or more nonqualified deferred compensation plans (the “Plans”), attached hereto as Attachment A;

(b) WHEREAS, the Company has incurred or expects to incur liability under the terms of the Plans with respect to the individuals covered by the Plans (the “Participants and Beneficiaries”);

(c) WHEREAS, the Company hereby establishes a Trust (the “Trust”) and shall contribute to the Trust assets that shall be held therein, subject to the claims of the Company’s creditors if the Company is Insolvent, as herein defined, until paid to Participants and their Beneficiaries in such manner and at such times as specified in the Plans and in this Trust Agreement; and

(d) WHEREAS, it is the intention of the parties that this Trust shall constitute an unfunded arrangement and shall not affect the status of the Plans as an unfunded plan maintained for the purpose of providing deferred compensation for a select group of management or highly compensated employees for purposes of Title I of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).

NOW, THEREFORE, the parties do hereby establish the Trust and agree that the Trust shall be comprised, held and disposed of as follows:

Section 1.    Establishment of The Trust

(a) The Trust is intended to be a Grantor Trust, of which the Company is the Grantor, within the meaning of subpart E, part I, subchapter J, chapter 1, subtitle A of the Internal Revenue Code of 1986, as amended (“Code”), and shall be construed accordingly.

(b) The Company shall be considered a Grantor for the purposes of the Trust.

(c) Except as specifically provided herein, the Trust hereby established is irrevocable.

(d) The Company hereby deposits with the Trustee in the Trust one-thousand dollars and zero cents ($1,000.00) (the “Initial Contribution”) which shall become the principal of the Trust to be held, administered and disposed of by the Trustee as provided in this Trust Agreement.

(e) The principal of the Trust, and any earnings thereon, shall be held separate and apart from other funds of the Company and shall be used exclusively for the uses and purposes herein set forth. Participants and their Beneficiaries shall have no preferred claim on, or any beneficial ownership interest in, any assets of the Trust. Any rights created under the Plans and this Trust Agreement shall be unsecured contractual rights of Participants and their Beneficiaries against the Company. Any assets held by the Trust will be subject to the claims of the general creditors of the Company under federal and state law in the event the Company is Insolvent, as defined in Section 3(a).

(f) In addition to the Initial Contribution, the Company shall make such other contributions as shall from time to time be authorized by due corporate action. Any such contributions made by the Company may be in cash, by letter of credit or, prior to the date as of which a Change in Control occurs, in such property (including, without limitation, securities issued by the Company) as the Company may determine. Prior to a Change in Control, neither the Trustee nor any Participant or Beneficiary shall have any right to compel additional contributions.

The Company shall keep accurate books and records with respect to the interest of each Participant or Beneficiary in any Arrangement and shall provide copies of such books and records to the Trustee at any time as the Trustee shall request.

(g) Upon a Change in Control, the Company shall, as soon as possible, but in no event later than three (3) business days thereafter, make a contribution to the Trust in an amount that is sufficient (taking into account the Trust assets, if any, resulting from prior contributions) to fund the Trust in an amount at least equal to one hundred percent (100%) of the Required Funding and the Expense Reserve. The “Required Funding” shall be equal to the amount necessary to pay the benefits to which Participants or their Beneficiaries would be entitled pursuant to the terms of the Plans, without any discount for present value, assuming all contingencies required for the payment thereunder had been met as of the date on which the Change in Control occurred. The “Expense Reserve” shall be equal to the lesser of: 1) the estimated trustee and record-keeper expenses and fees for one year or 2) seventy-five thousand dollars ($75,000), which reserve shall be used solely to pay the Trustee’s fees and expenses.

(h) Notwithstanding anything herein to the contrary, the Company shall not make any contributions to the Trust if such contributions would result in the Participants or Beneficiaries becoming subject to the tax imposed by Code section 409A. In addition, if the maintenance of assets in the Trust for the benefit of an “applicable covered employee” (as defined in Code section 409A(b)(3)(D)) would result in such individual becoming subject to an additional tax under Code section 409A, then the Trustee shall, promptly upon notification by the Company and receipt of a legal opinion from Company’s counsel that Code section 409A(b)(3)(A) applies, return the assets related to such individual to the Company. In either such event, promptly following the date that the Company may make contributions (if otherwise required) to the Trust without causing additional taxes to be due under Code section 409A, the Company will make such contributions and, if a return of assets to the Company was made, the Company shall redeposit such assets into the Trust.

Section 2. Payments to Participants and Their Beneficiaries

(a) Prior to a Change in Control, distributions from the Trust shall be made by the Trustee to Participants and Beneficiaries at the direction of the Company. Prior to a Change in Control, the entitlement of a Participant or his or her Beneficiaries to benefits under the Plans shall be determined by the Company under the Plans, and any claim for such benefits shall be considered and reviewed under the procedures set out in the Plans.

In addition, if the principal of the Trust and any earnings thereon, are not sufficient to make payments of benefits in accordance with the terms of the Plans, the Company shall make the balance of each such payment as it falls due in accordance with the Plans. The Trustee shall notify the Company where principal and earnings are not sufficient. Nothing in this Agreement shall relieve the Company of its liabilities to pay benefits due under the Plans except to the extent such liabilities are met by application of assets of the Trust.

(b) Prior to the time the first payment due hereunder is to be made, the Company shall deliver to the Trustee a schedule of benefits due under the Plans (the “Payment Schedule”). If the Company determines that only certain individuals will be paid from the Trust, then the Payment Schedule may be limited to only such individuals. The Payment Schedule will provide directions to the Trustee regarding the amounts so payable, set forth the form(s), the time of commencement and conclusion of payments (as provided for or available under the Plans), and the state and federal tax withholding guidelines. Immediately after a Change in Control, the Company shall deliver to the Trustee an updated Payment Schedule with respect to all Participants and Beneficiaries in the Plans. After a Change in Control, the Trustee shall pay benefits due in accordance with such Payment Schedule. After a Change in Control, the Company shall continue to make the determination of benefits due to Participants or their Beneficiaries and shall provide the Trustee with an updated Payment Schedule; provided, however, that a Participant or (following the Participant’s death) their Beneficiaries may make application to the Trustee for an independent decision as to the amount or form of their benefits due under the Plans, and in such case, the Trustee shall make a determination in response to the application as soon as practicable but in no event later than ninety (90) days. If a determination is not completed within ninety (90) days, the Trustee shall notify the affected parties that a thirty (30) day extension is required to complete its independent decision. In making any determination required or permitted to be made by the Trustee under this Section, the Trustee shall, in each such case, reach its own independent determination, in its absolute and sole discretion, as to the Participant’s or Beneficiary’s entitlement to a payment hereunder. In making its determination, the Trustee may consult with and make such inquiries of such persons, including the Participant or Beneficiary, the Company, legal counsel, actuaries or other persons, as the Trustee may reasonably deem necessary. Any reasonable costs incurred by the Trustee in arriving at its determination shall be reimbursed by the Company and, to the extent not paid by the Companywithin a reasonable time, shall be charged to the Trust (but not the Expense Reserve). The Company waives any right to contest any amount paid over by the Trustee hereunder pursuant to a good faith determination made by the Trustee notwithstanding any claim by or on behalf of the Company (absent a manifest abuse of discretion by the Trustee) that such payments should not be made.

(b) The Trustee agrees that it will not itself institute any action at law or at equity, whether in the nature of an accounting, interpleading action, request for a declaratory judgment or otherwise, requesting a court or administrative or quasi-judicial body to make the determination required to be made by the Trustee under this Section 2 in the place and stead of the Trustee. The Trustee may (and, if necessary or appropriate, following a Change in Control, shall) institute an action to collect a contribution due the Trust or in the event that the Trust should ever experience a shortfall in the amount of assets necessary to make payments pursuant to the terms of the Plans.

(c) The Trustee agrees that it shall be responsible to withhold and remit to the proper taxing authority all federal, state, local and foreign taxes required to be withheld with respect to any payment or benefits payable under this Trust.

Section 3. Trustee Responsibility Regarding Payments

To The Trust Beneficiary When The Company Is Insolvent

(a) The Trustee shall cease payment of benefits under the Plans if the Company is Insolvent. The Company shall be considered "Insolvent" for purposes of this Trust Agreement if (i) the Company is unable to pay its debts as they become due, or (ii) the Company is subject to a pending proceeding as a debtor under the United States Bankruptcy Code.

(b) At all times during the continuance of this Trust, the principal and income of the Trust (including the Expense Reserve) shall be subject to claims of general creditors of the Company under federal and state law as set forth below.

(1)    If the Company is Insolvent, then an “Authorized Signer” of the Company shall have the duty to inform the Trustee in writing that the Company is Insolvent. An “Authorized Signer” shall be those officers listed on the most recent authorized signer list on file with the Trustee. If a person claiming to be a creditor of the Company alleges in writing to the Trustee that the Company has become Insolvent, the Trustee shall determine whether the Company is Insolvent and, pending such determination, the Trustee shall discontinue payment of benefits under the Plans.

(2)    Unless the Trustee has actual knowledge that the Company is Insolvent, or has received notice from the Company or a person claiming to be a creditor alleging that the Company is Insolvent, the Trustee shall have no duty to inquire whether the Company is Insolvent. The Trustee may in all events rely on such evidence concerning the Company's solvency as may be furnished to the Trustee and that provides the Trustee with a reasonable basis for making a determination concerning the Company's solvency.

(3)    If at any time the Trustee has determined that the Company is Insolvent, the Trustee shall discontinue payments from the Trust and shall hold the assets of the Trust for the benefit of the Company's general creditors. Nothing in this Trust Agreement shall in any way diminish any rights of Participants or their Beneficiaries to pursue their rights as general creditors of the Company with respect to benefits due under the Plans or otherwise.

(4)    The Trustee shall resume the payment of benefits under the Plans in accordance with Section 2 only after the Trustee has determined that the Company is not Insolvent (or is no longer Insolvent).

(c) Provided that there are sufficient assets, if the Trustee discontinues the payment of benefits from the Trust pursuant to Section 3(b) and subsequently resumes such payments, the first payment following such discontinuance shall include the aggregate amount of all payments due under the terms of the Plans for the period of such discontinuance, less the aggregate amount of any payments made by the Company in lieu of the payments provided for hereunder during any such period of discontinuance, all in accordance with the Payment Schedule, which shall be modified by the Company as necessary to comply with the provisions of this paragraph (c).

Section 4. Payments When a Shortfall of The Trust Assets Occurs

(a) If there are not sufficient assets for the payment of current and expected future benefits pursuant to Section 2 or Section 3(c) and the Company does not otherwise make such payments within a reasonable time after demand from the Trustee, the Trustee shall allocate the Trust assets among the Participants or their Beneficiaries in the following order of priority:

(1) those Participants and their Beneficiaries who are in pay status under the Plans;

(2) those Participants and their Beneficiaries who are vested under the Plans, but not yet in pay status under the Plans: and

(3) those Participants and their Beneficiaries who are not vested under the Plans.

(b) Within each category, assets shall be allocated pro-rata with respect to the total present value of benefits expected for each Participant or Beneficiary within the category, and payments with respect to each Participant or Beneficiary shall be made to the extent of the assets allocated to each Participant or Beneficiary.

(c) Upon receipt of a contribution from the Company necessary to make up for a shortfall in the payments due, the Trustee shall resume payments with respect to all the Participants and Beneficiaries then entitled thereto under the Plans. Following a Change in Control, the Trustee shall have the right and duty to compel a contribution to the Trust from the Company to make-up for any shortfall.

Section 5.    Payments to the Company

(a) Except as provided in Section 1(h), Section 3, Section 5(b), and Section 8(a), the Company shall have no right or power to direct the Trustee to return to the Company or to divert to persons other than Participants and their Beneficiaries any of the Trust assets before all payment of benefits have been made pursuant to the terms of the Plans.

(b) In the event that the Company, prior to a Change in Control, or the Trustee in its sole and absolute discretion, after a Change in Control, determines that the Trust assets exceed one-hundred percent (100%) of the anticipated benefit obligations that are to be paid under the Plans and the anticipated administrative expenses that the Trustee will incur under this Agreement, the Trustee, at the written direction of the Company, prior to a Change in Control, or the Trustee in its sole and absolute discretion, after a Change in Control, shall distribute to the Company such excess portion of Trust assets.

Section 6.    Investment Authority

(a) Prior to a Change in Control, the Company shall have the right, subject to this Section, to direct the Trustee with respect to investments.

(1)    The Company may direct the Trustee to segregate all or a portion of the assets of the Trust and earnings thereon (the “Fund”) in a separate investment account or accounts and may appoint one or more investment managers and/or an investment committee established by the Company to direct the investment and reinvestment of each such investment account or accounts. In such event, the Company shall notify the Trustee of the appointment of each such investment manager and/or investment committee. No such investment manager shall be related, directly or indirectly, to the Company, but members of the investment committee may be employees of the Company. In the absence of any such designation, an authorized representative of the Company shall direct the Trustee with respect to investments.

(2)    Thereafter, until a Change in Control, the Trustee shall make every sale or investment with respect to such investment account as directed in writing by the Company, investment manager or investment committee, as applicable. It shall be the duty of the Trustee to act strictly in accordance with each direction. The Trustee shall be under no duty to question any such direction of the Company, investment manager or investment committee, to review any securities or other property held in the Fund (or any investment account or accounts maintained under the Trust) acquired by it pursuant to such directions or to make any recommendations to the Company, investment managers or investment committee with respect to such securities or other property.

(3)    Notwithstanding the foregoing, the Trustee, without obtaining prior approval or direction from the Company, an investment manager or investment committee, shall invest cash balances held by it from time to time in short term cash equivalents including, but not limited to, through the medium of any short term common, collective or commingled trust fund established and maintained by the Trustee subject to the instrument establishing such trust fund, U.S. Treasury Bills, commercial paper (including such forms of commercial paper as may be available through the Trustee’s Trust Department), certificates of deposit (including certificates issued by the Trustee in its separate corporate capacity), and similar type securities, with a maturity not to exceed one year; and, furthermore, sell such short term investments as may be necessary to carry out the instructions of the Company, an investment manager or investment committee regarding more permanent type investment and directed distributions.

(4)    The Trustee shall neither be liable nor responsible for any loss resulting to the Fund by reason of any sale or purchase of an investment directed by the Company, an investment manager or investment committee nor by reason of the failure to take any action with respect to any investment which was acquired pursuant to any such direction in the absence of further directions by the Company, such investment manager or investment committee.

a. Notwithstanding anything in this Agreement to the contrary, the Trustee shall be indemnified and saved harmless by the Company from and against any and all personal liability to which the Trustee may be subjected by carrying out any directions of the Company, an investment manager or investment committee issued pursuant hereto or for failure to act in the absence of directions of the Company, an investment manager or investment committee including all expenses reasonably incurred in its defense in the event the Company fails to provide such defense; provided, however, the Trustee shall not be so indemnified if it participates knowingly in, or knowingly undertakes to conceal, an act or omission of the Company, an investment manager or investment committee, having actual knowledge that such act or omission is a breach of a fiduciary duty; provided further, however, that the Trustee shall not be deemed to have knowingly participated in or knowingly undertaken to conceal an act or omission of the Company, an investment manager or investment committee with knowledge that such act or omission was a breach of fiduciary duty by merely complying with directions of the Company, an investment manager or investment committee or for failure to act in the absence of directions of the Company, an investment manager or investment committee. The Trustee may rely upon any order, certificate, notice, direction or other documentary confirmation purporting to have been issued by the Company, investment manager or investment committee which the Trustee believes to be genuine and to have been issued by the Company, investment manager or investment committee, as applicable. The Trustee shall not be charged with knowledge of the termination of the appointment of any authorized representative of the Company, any investment manager or investment committee until it receives written notice thereof from the Company.

b. The Company, prior to a Change in Control, may direct the Trustee to invest in securities (including stock and the rights to acquire stock) or obligations issued by the Company.

c. All rights associated with respect to any investment held by the Trust, including but not limited to exercising or voting of proxies, in person or by general or limited proxy, shall be in accordance with and as directed in writing by the Company or its authorized representative.

(b) Subsequent to a Change in Control, the Trustee shall have the following powers in investing and reinvesting the Fund in its sole discretion, provided however, that the Trustee shall exercise such authority with the intent of preserving capital:

(1)    To invest and reinvest in any readily marketable common and preferred stocks (including any stock or security of the Company), bonds, notes, debentures (including convertible stocks and securities but not including any stock or security of the Trustee other than a de minimis amount held in a collective or mutual fund), certificates of deposit or demand or time deposits (including any such deposits with the Trustee), limited partnerships or limited liability companies, private placements and shares of investment companies, and mutual funds, without being limited to the classes or property in which the Trustees are authorized to invest by any law or any rule of court of any state and without regard to the proportion any such property may bear to the entire amount of the Fund. Without limitation, the Trustee may invest the Trust in any investment company (including any investment company or companies for which Wells Fargo Bank, N.A. or an affiliated company acts as the investment advisor {“Special Investment Companies”}) or, any insurance contract or contracts issued by an insurance company or companies in each case as the Trustee may determine provided that the Trustee may in its sole discretion keep such portion of the Trust in cash or cash balances for such reasonable periods as may from time to time be deemed advisable pending investment or in order to meet contemplated payments of benefits;

(2)    To invest and reinvest all or any portion of the Fund collectively through the medium of any proprietary mutual fund that may be established and maintained by the Trustee;

(3)    To commingle for investment purposes all or any portion of the Fund with assets of any other similar trust or trusts established by the Company with the Trustee for the purpose of safeguarding deferred compensation or retirement income benefits of its employees and/or directors;

(4)    To retain any property at any time received by the Trustee;

(5)    To sell or exchange any property held by it at public or private sale, for cash or on credit, to grant and exercise options for the purchase or exchange thereof, to exercise all conversion or subscription rights pertaining to any such property and to enter into any covenant or agreement to purchase any property in the future;

(6)    To participate in any plan of reorganization, consolidation, merger, combination, liquidation or other similar plan relating to property held by it and to consent to or oppose any such plan or any action thereunder or any contract, lease, mortgage, purchase, sale or other action by any person;

(7)    To deposit any property held by it with any protective, reorganization or similar committee, to delegate discretionary power thereto, and to pay part of the expenses and compensation thereof for any assessments levied with respect to any such property to be deposited;

(8)    To extend the time of payment of any obligation held by it;

(9)    To hold uninvested any moneys received by it, without liability for interest thereon, but only in anticipation of payments due for investments, reinvestments, expenses or disbursements;

(10)    To exercise all voting or other rights with respect to any property held by it and to grant proxies, discretionary or otherwise;

(11)    For the purposes of the Trust, to borrow money from others, to issue its promissory note or notes therefor, and to secure the repayment thereof by pledging any property held by it;

(12)    To employ suitable contractors and counsel, who may be counsel to the Company or to the Trustee, and to pay their reasonable expenses and compensation from the Fund to the extent not paid by the Company;

(13)    To register investments in its own name or in the name of a nominee; and to combine certificates representing securities with certificates of the same issue held by it in other fiduciary capacities or to deposit or to arrange for the deposit of such securities with any depository, even though, when so deposited, such securities may be held in the name of the nominee of such depository with other securities deposited therewith by other persons, or to deposit or to arrange for the deposit of any securities issued or guaranteed by the United States government, or any agency or instrumentality thereof, including securities evidenced by book entries rather than by certificates, with the United States Department of the Treasury or a Federal Reserve Bank, even though, when so deposited, such securities may not be held separate from securities deposited therein by other persons; provided, however, that no securities held in the Fund shall be deposited with the United States Department of the Treasury or a Federal Reserve Bank or other depository in the same account as any individual property of the Trustee, and provided, further, that the books and records of the Trustee shall at all times show that all such securities are part of the Trust Fund;

(14)    To settle, compromise or submit to arbitration any claims, debts or damages due or owing to or from the Trust, respectively, to commence or defend suits or legal proceedings to protect any interest of the Trust, and to represent the Trust in all suits or legal proceedings in any court or before any other body or tribunal; provided, however, that the Trustee shall not be required to take any such action unless it shall have been indemnified by the Company to its reasonable satisfaction against liability or expenses it might incur therefrom;

(15)    Subject to Section 7, to hold and retain policies of life insurance, annuity contracts, and other property of any kind which policies are contributed to the Trust by the Company or any subsidiary of the Company or are purchased by the Trustee;

(16)    To hold any other class of assets which may be contributed by the Company and     that is deemed reasonable by the Trustee, unless expressly prohibited herein;

(17)    To loan any securities at any time held by it to brokers or dealers upon such security as may be deemed advisable, and during the terms of any such loan to permit the loaned securities to be transferred into the name of and voted by the borrower or others; and

(18)    Generally, to do all acts, whether or not expressly authorized, that the Trustee may deem necessary or desirable for the protection of the Fund.

(c) Following a Change in Control, the Trustee shall have the sole and absolute discretion in the management of the Fund and shall have all the powers set forth under Section 6(b). In investing the Trust assets, the Trustee shall consider:

(1)    the needs of the Plans;

(2) the need for matching of the Trust assets with the liabilities of the Plans; and

(3) the duty of the Trustee to act solely in the best interests of the Participants and their Beneficiaries.

(d) The Trustee shall have the right, in its sole discretion, to delegate its investment responsibility to an investment manager who may be an affiliate of the Trustee but, following a Change in Control, may not be an affiliate of the Company. In the event the Trustee shall exercise this right, the Trustee shall remain, at all times responsible for the acts of an investment manager. The Trustee shall have the right to purchase an insurance policy or an annuity to fund the benefits of the Plans, provided such purchase does not cause a Participant or Beneficiary to be considered in violation of section 409A of the Code.

(e) The Company shall have the right at any time, and from time to time, in its sole discretion, to substitute assets (other than securities issued by the Trustee or the Company) of equal fair market value for any asset held by the Trust. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacity; provided, however, that, following a Change in Control, no such substitution shall be permitted unless the Trustee determines that the fair market values of the substituted assets are equal.

Section 7.    Insurance Contracts

(a) To the extent that the Trustee is directed by the Company prior to a Change in Control to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

(b) Each insurance contract issued shall provide that the Trustee shall be the owner thereof with the power to exercise all rights, privileges, options and elections granted by or permitted under such contract or under the rules of the insurer. The exercise by the Trustee of any incidents of ownership under any contract shall, prior to a Change in Control, be subject to the direction of the Company. After a Change in Control, the Trustee shall have all such rights.

(c) The Trustee shall have no power to name a beneficiary of the policy other than the Trust, to assign the policy (as distinct from conversion of the policy to a different form) other than to a successor Trustee, or to loan to any person the proceeds of any borrowing against an insurance policy held in the Trust Fund.

(d) No insurer shall be deemed to be a party to the Trust and an insurer’s obligations shall be measured and determined solely by the terms of contracts and other agreements executed by the insurer.

Section 8.    Disposition of Income

(a) Prior to a Change in Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within the Trust at the direction of the Company.

(b) Following a Change in Control, all income received by the Trust, net of expenses and taxes payable by the Trust, shall be accumulated and reinvested within the Trust as part of the Fund.

Section 9.    Accounting by The Trustee

The Trustee shall keep accurate and detailed records of all investments, receipts, disbursements, and all other transactions required to be made, including such specific records as shall be agreed upon in writing between the Company and the Trustee. Within forty-five (45) days following the close of each fiscal year of the Company and within forty-five (45) days after the removal or resignation of the Trustee, the Trustee shall deliver to the Company a written account of its administration of the Trust during such year or during the period from the close of the last preceding year to the date of such removal or resignation setting forth all investments, receipts, disbursements and other transactions effected by it, including a description of all securities and investments purchased and sold with the cost or net proceeds of such purchases or sales (accrued interest paid or receivable being shown separately), and showing all cash, securities and other property held in the Trust at the end of such year or as of the date of such removal or resignation, as the case may be. The Company may approve such account by an instrument in writing delivered to the Trustee. In the absence of the Company’s filing with the Trustee objections to any such account within ninety (90) days after its receipt, the Company shall be deemed to have so approved such account. In such case, or upon the written approval by the Company of any such account, the Trustee shall, to the extent permitted by law, be discharged from all liability to the Company for its acts or failures to act described by such account. The foregoing, however, shall not preclude the Trustee from having its accounting settled by a court of competent jurisdiction. The Trustee shall be entitled to hold and to commingle the assets of the Trust in one Fund for investment purposes but at the direction of the Company prior to a Change in Control, the Trustee shall create one or more sub-accounts.

Section 10.    Responsibility of The Trustee

(a) The Trustee shall act with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims, provided, however, that the Trustee shall incur no liability to any person for any action taken pursuant to a direction, request or approval given by the Company which is contemplated by, and in conformity with, the terms of the Plans or this Trust and is given in writing by the Company. In the event of a dispute between the Company and a party, the Trustee may apply to a court of competent jurisdiction to resolve the dispute, subject, however to Section 2(d).

(b) The Company hereby indemnifies the Trustee against losses, liabilities, claims, costs and expenses in connection with the administration of the Trust, unless resulting from the gross negligence or willful misconduct of Trustee. To the extent the Company fails to make any payment on account of an indemnity provided in this paragraph 10(b), in a reasonably timely manner, the Trustee may obtain payment from the Trust. If the Trustee undertakes or defends any litigation arising in connection with this Trust or to protect a Participant’s or Beneficiary’s rights under the Plans, the Company agrees to indemnify the Trustee against the Trustee's costs, reasonable expenses and liabilities (including, without limitation, attorneys' fees and expenses) relating thereto and to be primarily liable for such payments. If the Company does not pay such costs, expenses and liabilities in a reasonably timely manner, the Trustee may obtain payment from the Fund. If the Trustee is found to have engaged in gross negligence or willful misconduct, then the Trustee shall promptly reimburse the Company, or the Trust if applicable, for any costs, expenses and liabilities that the Company or the Trust has paid on behalf of the Trustee with respect to such litigation. The provisions of this paragraph (b) shall not apply with respect to investment decisions directed by the Company, an investment manager or investment committee, which are governed solely by Section 6(a)(4).

(c) Prior to a Change in Control, the Trustee may consult with legal counsel (who may also be counsel for the Company generally) with respect to any of its duties or obligations hereunder. Following a Change in Control the Trustee shall select legal counsel that does not otherwise act as counsel to the Company or any of its affiliates and may consult with counsel or other persons with respect to its duties and with respect to the rights of Participants or their Beneficiaries under the Plans.

(d) The Trustee may hire agents, accountants, actuaries, investment advisors, financial consultants or other professionals to assist it in performing any of its duties or obligations hereunder and may rely on any determinations made by such agents and information provided to it by the Company.

(e) The Trustee shall have, without exclusion, all powers conferred on the Trustee by applicable law, unless expressly provided otherwise herein.

(f) Notwithstanding any powers granted to the Trustee pursuant to this Trust Agreement or to applicable law, the Trustee shall not have any power that could give this Trust the objective of carrying on a business and dividing the gains therefrom, within the meaning of section 301.7701-2 of the Procedure and Administrative Regulations promulgated pursuant to the Code.

Section 11.    Compensation and Expenses of The Trustee

The Trustee’s compensation shall initially be an amount as set forth in a mutually agreed upon fee schedule, as it may be amended in writing from time to time by the Company and the Trustee. The Trustee will send a quarterly invoice to the Company of its administrative expenses (including but not limited to fees and expenses of its agents) and fees, and the Company shall pay all such administrative expenses and fees within thirty (30) days of receipt of such invoice. If the Company does not so make payment within thirty (30) days of being invoiced, the fees and expenses shall be paid from the Fund (first from the Expense Reserve until it is depleted, and then from any remaining portion of the Fund).

Section 12.    Resignation and Removal of The Trustee

(a) Prior to a Change in Control, the Trustee may resign at any time by written notice to the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only after the appointment of a successor Trustee.

(b) The Trustee may be removed by the Company on sixty days (60) days’ notice or upon shorter notice accepted by the Trustee. Notwithstanding the foregoing, after a Change in Control the Trustee may only be removed by the Company with the consent of a Majority of the Participants.

(c) If the Trustee resigns within two years after a Change in Control, the Company, or if the Company fails to act within a reasonable period of time following such resignation, the Trustee, shall apply to a court of competent jurisdiction for the appointment of a successor Trustee which satisfies the requirements of Section 13 or for instructions.

(d) Upon the effective date of resignation or removal of the Trustee and appointment of a successor Trustee, as mutually agreed upon by the Company, the Trustee and the successor trustee (although the Company’s agreement shall not be required if the successor Trustee is appointed by a court pursuant to paragraph (e) of this section), all assets of the Trust shall be transferred promptly to the successor Trustee. The transfer shall be completed effective on the date the resignation or removal of the Trustee becomes effective, unless the Company extends the time limit.

(e) If the Trustee resigns or is removed, a successor shall be appointed by the Company, in accordance with Section 13, by the effective date of resignation or removal under paragraph(s) (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Section 13.    Appointment of Successor

(a) If the Trustee resigns or is removed in accordance with Section 12, the Company may appoint, subject to Section 12, any third party that is not an affiliate of the Company, such as a bank trust department or other party that may be granted corporate trustee powers under state law with a market capitalization exceeding $100,000,000, to replace the Trustee upon resignation or removal. The successor Trustee shall have all of the rights and powers of the former Trustee, including ownership rights in the Trust. The former Trustee shall execute any instrument necessary or reasonably requested by the Company or the successor Trustee to evidence the transfer.

(b) The successor Trustee need not examine the records and acts of any prior Trustee and may retain or dispose of existing Trust assets, subject to Section 9 and 10. The successor Trustee shall not be responsible for and the Company shall indemnify and defend the successor Trustee from any claim or liability resulting from any action or inaction of any prior Trustee or from any other past event related to the Trust or the Fund, or any condition existing with respect to the Trust or the Fund at the time it becomes successor Trustee.

Section 14. Amendment or Termination

(a) This Trust Agreement may be amended by a written instrument executed by the Trustee and the Company, except as otherwise provided in this Section 14. Notwithstanding the foregoing, no such amendment shall conflict with the terms of the Plans or shall make the Trust revocable.

(b) Following a Change in Control, except as provided in Section 14(c), the Trust shall not terminate until the date on which Participants and their Beneficiaries have received all of the benefits due to them under the terms and conditions of the Plans.

(c) Following a Change in Control, upon written approval of all Participants and Beneficiaries of deceased Participants who are or may become (assuming all contingencies are met) entitled to payment of benefits pursuant to the terms of the Plans, the Company may terminate this Trust prior to the time all benefit payments under the Plans have been made. All assets in the Trust at termination shall be returned to the Company.

(d) This Trust Agreement may not be amended by the Company following a Change in Control without the written consent of a Majority of the Participants, unless such amendment is required by law or is required to avoid a violation under Code section 409A.

Section 15.    Definitions

(a) For purposes of this Trust, the following terms, when capitalized, shall be defined as set forth below:

(1)    “Change in Control” shall have the meaning ascribed in the Plans.

(2) “Majority of Participants” shall mean seventy-five percent (75%) of the number of Participants (or Beneficiaries, in the case of a deceased Participant) who are covered by the Plans listed on Attachment A of this Trust Agreement.

(b) An Authorized Signer shall have the specific authority to determine whether a Change in Control has transpired, and shall give the Trustee notice of a Change in Control. The Trustee shall be entitled to rely upon such notice, but if the Trustee receives notice of a Change in Control from another source, the Trustee shall make its own independent determination. Further, after such time as an Authorized Signer of the Company has advised the Trustee that a Change in Control has transpired, an Authorized Signer of the Company may not thereafter advise the Trustee that a Change in Control has not transpired.

Section 16.Confidentiality

(a) The existence of this Trust Agreement, information concerning a Change in Control and certain information relating to the Trust is "Confidential Information" pursuant to applicable federal and state law, and as such it shall be maintained by Trustee in confidence and not disclosed, used or duplicated, except as described in this section. If it is necessary for the Trustee to disclose Confidential Information to a third party in order to perform the Trustee's duties hereunder, the Trustee shall disclose only such Confidential Information as is necessary for such third party to perform its obligations to the Trustee and shall, before such disclosure is made, ensure that said third party understands and agrees to the confidentiality obligations set forth herein. The Trustee shall maintain an appropriate information security program and adequate administrative and physical safeguards to prevent the unauthorized disclosure, misuse, alteration or destruction of Confidential Information, and shall inform the Company as soon as possible of any security breach or other incident involving possible unauthorized disclosure of or access to Confidential Information. Confidential Information does not include information that is generally known or available to the public or that is not treated as confidential by the Company, provided, however, that this exception shall not apply to any publicly available information to the extent that the disclosure or sharing of the information by one or both parties is subject to any limitation, restriction, consent, or notification requirement under any applicable federal or state information privacy law or regulation. If the Trustee is required by law, according to the advice of competent counsel, to disclose Confidential Information, the Trustee may do so without breaching this section, but shall first, if feasible and legally permissible, provide the Company with prompt notice of such pending disclosure so that the Company may seek a protective order or other appropriate remedy or waive compliance with the provisions of this section.

Section 17.    Miscellaneous

(a) Any provision of this Trust Agreement prohibited by law shall be ineffective to the extent of any such prohibition, without invalidating the remaining provisions hereof.

(b) The Company hereby represents and warrants that all of the Plans have been established, maintained and administered in accordance with all applicable laws, including without limitation, ERISA to the extent applicable. The Company hereby indemnifies and agrees to hold the Trustee harmless from all liabilities, including attorneys’ fees, relating to or arising out of the establishment, maintenance and administration of the Plans. To the extent the Company does not pay any of such liabilities in a reasonably timely manner, the Trustee may obtain payment from the Trust.

(c) Benefits payable to Participants and their Beneficiaries under this Trust Agreement may not be anticipated, assigned (either at law or in equity), alienated, pledged, encumbered or subjected to attachment, garnishment, levy, execution or other legal or equitable process. Notwithstanding the foregoing, to the extent the Trustee determines that the law so requires, the Trustee shall comply with any wage garnishment that applies to payments as they become due hereunder.

(d) This Trust Agreement shall be governed by and construed in accordance with the laws of     Wisconsin, without regard to conflict of law principles thereof.

IN WITNESS WHEREOF, this Grantor Trust Agreement has been executed on behalf of the parties hereto on the day and year first above written.

OSHKOSH CORPORATION	WELLS FARGO BANK, NATIONAL ASSOCIATION as TRUSTEE
By: ___________________________________	By: ___________________________________
Its: ___________________________________	Its: ___________________________________
ATTEST:	ATTEST:
By: ___________________________________	By: ___________________________________
Its: ___________________________________	Its: ___________________________________

Attachment A

As of January XX, 2013

The following Plans are covered by this Trust:

1. Oshkosh Corporation Executive Retirement Plan

2. Oshkosh Corporation Defined Contribution Executive Retirement Plan

1

4825-1196-3666.4

EX-31.1

Exhibit 31.1

CERTIFICATIONS

I, Charles L. Szews, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Oshkosh Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent function):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

April 30, 2013	/S/ Charles L. Szews
	Charles L. Szews, Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATIONS

I, David M. Sagehorn, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Oshkosh Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent function):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

April 30, 2013	/S/ David M. Sagehorn
	David M. Sagehorn, Executive Vice President and Chief Financial Officer

EX-32.1

Exhibit 32.1

Written Statement of the President and Chief Executive Officer

Pursuant to 18 U.S.C. §1350

Solely for the purposes of complying with 18 U.S.C. §1350, I, the undersigned Chief Executive Officer of Oshkosh Corporation (the “Company”), hereby certify, to the best of my knowledge, that the Quarterly Report on Form 10-Q of the Company for the quarter ended March 31, 2013 (the “Report”) fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934 and that information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/S/ Charles L. Szews

Charles L. Szews

April 30, 2013

EX-32.2

Exhibit 32.2

Written Statement of the Executive Vice President and Chief Financial Officer

Pursuant to 18 U.S.C. §1350

Solely for the purposes of complying with 18 U.S.C. §1350, I, the undersigned Executive Vice President and Chief Financial Officer of Oshkosh Corporation (the “Company”), hereby certify, to the best of my knowledge, that the Quarterly Report on Form 10-Q of the Company for the quarter ended March 31, 2012 (the “Report”) fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934 and that information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/S/ David M. Sagehorn

David M. Sagehorn

April 30, 2013

XML

Warranties (Tables)

6 Months Ended

Mar. 31, 2013

Product Warranties Disclosures [Abstract]

Schedule of changes in warranty liability

Changes in the Company’s warranty liability were as follows (in millions):

	Six Months Ended March 31,
	2013			2012
Balance at beginning of period	$	95.0		$	75.0
Warranty provisions	24.3			26.8
Settlements made	(25.0		)	(24.2		)
Changes in liability for pre-existing warranties, net	3.6			2.6
Foreign currency translation	(1.0		)	0.7
Balance at end of period	$	96.9		$	80.9

XML

Investments in Unconsolidated Affiliates (Details) In Millions, unless otherwise specified			6 Months Ended				6 Months Ended
	Mar. 31, 2013 USD ($)	Sep. 30, 2012 USD ($)	Mar. 31, 2013 RiRent (The Netherlands) USD ($)	Mar. 31, 2012 RiRent (The Netherlands) USD ($)	Mar. 31, 2013 RiRent (The Netherlands) EUR (€)	Sep. 30, 2012 RiRent (The Netherlands) USD ($)	Mar. 31, 2013 RiRent (The Netherlands) Equipment	Mar. 31, 2013 Other USD ($)	Sep. 30, 2012 Other USD ($)
Investment in unconsolidated affiliates, Accounted under equity method
Investment in unconsolidated affiliates	$ 20.1	$ 18.8	$ 10.9			$ 10.5		$ 9.2	$ 8.3
Sales to equity investee			0.2	1.7
Estimated useful life (in years)							5 years
Bank credit facility					€ 15.0
Equity to asset ratio required to be maintained under bank credit facility (as a percent)			30.00%
Overall equity to asset ratio (as a percent)			71.20%

XML

Separate Financial Information of Subsidiary Guarantors of Indebtedness (Tables)

6 Months Ended

Mar. 31, 2013

Separate Financial Information of Subsidiary Guarantors of Indebtedness Disclosure Abstract

Condensed Consolidating Statement of Income

. The following condensed supplemental consolidating financial information reflects the summarized financial information of Oshkosh Corporation, the Guarantors on a combined basis and Oshkosh Corporation's non-guarantor subsidiaries on a combined basis (in millions):

Condensed Consolidating Statement of Income

For the Three Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	863.3		$	908.0		$	250.5		$	(37.4	)	$	1,984.4
Cost of sales	771.2			723.2			224.0			(37.4		)	1,681.0
Gross income	92.1			184.8			26.5			—			303.4
Selling, general and administrative expenses	64.0			82.8			7.5			—			154.3
Amortization of purchased intangibles	—			10.0			4.5			—			14.5
Operating income	28.1			92.0			14.5			—			134.6
Interest expense	(50.7		)	(14.0		)	(0.8		)	49.1			(16.4		)
Interest income	0.6			9.1			41.1			(49.1		)	1.7
Miscellaneous, net	12.2			(37.4		)	25.3			—			0.1
Income (loss) from continuing operations before income taxes	(9.8		)	49.7			80.1			—			120.0
Provision for (benefit from) income taxes	(3.0		)	15.4			22.4			—			34.8
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(6.8		)	34.3			57.7			—			85.2
Equity in earnings of consolidated subsidiaries	93.3			28.5			34.8			(156.6		)	—
Equity in earnings (losses) of unconsolidated affiliates	—			—			0.7			—			0.7
Income from continuing operations	86.5			62.8			93.2			(156.6		)	85.9
Discontinued operations, net of tax	—			0.6			—			—			0.6
Net income	86.5			63.4			93.2			(156.6		)	86.5
Net income attributable to the noncontrolling interest	—			—			—			—			—
Net income attributable to Oshkosh Corporation	$	86.5		$	63.4		$	93.2		$	(156.6	)	$	86.5

Condensed Consolidating Statement of Income

For the Three Months Ended March 31, 2012

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	1,016.0		$	847.4		$	249.6		$	(50.7	)	$	2,062.3
Cost of sales	944.7			698.5			225.0			(50.0		)	1,818.2
Gross income	71.3			148.9			24.6			(0.7		)	244.1
Selling, general and administrative expenses	56.3			45.0			44.1			—			145.4
Amortization of purchased intangibles	—			10.0			4.6			—			14.6
Operating income	15.0			93.9			(24.1		)	(0.7		)	84.1
Interest expense	(45.8		)	(19.7		)	(1.2		)	48.7			(18.0		)
Interest income	0.6			7.6			41.1			(48.7		)	0.6
Miscellaneous, net	2.8			(56.2		)	54.7			—			1.3
Income (loss) from continuing operations before income taxes	(27.4		)	25.6			70.5			(0.7		)	68.0
Provision for (benefit from) income taxes	(6.2		)	7.4			23.5			(0.3		)	24.4
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(21.2		)	18.2			47.0			(0.4		)	43.6
Equity in earnings of consolidated subsidiaries	58.7			28.5			20.2			(107.4		)	—
Equity in earnings (losses) of unconsolidated affiliates	(0.2		)	—			0.2			—			—
Income from continuing operations	37.3			46.7			67.4			(107.8		)	43.6
Discontinued operations, net of tax	—			(5.2		)	(0.4		)	—			(5.6		)
Net income	37.3			41.5			67.0			(107.8		)	38.0
Net income attributable to the noncontrolling interest	—			—			(0.7		)	—			(0.7		)
Net income attributable to Oshkosh Corporation	$	37.3		$	41.5		$	66.3		$	(107.8	)	$	37.3

Condensed Consolidating Statement of Income

For the Six Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	1,721.7		$	1,639.5		$	440.7		$	(67.7	)	$	3,734.2
Cost of sales	1,540.4			1,320.3			391.7			(67.6		)	3,184.8
Gross income	181.3			319.2			49.0			(0.1		)	549.4
Selling, general and administrative expenses	135.8			156.8			13.0			—			305.6
Amortization of purchased intangibles	0.1			19.9			8.9			—			28.9
Operating income	45.4			142.5			27.1			(0.1		)	214.9
Interest expense	(101.5		)	(28.0		)	(1.9		)	98.6			(32.8		)
Interest income	1.2			19.1			82.5			(98.6		)	4.2
Miscellaneous, net	21.3			(65.1		)	44.2			—			0.4
Income (loss) from continuing operations before income taxes	(33.6		)	68.5			151.9			(0.1		)	186.7
Provision for (benefit from) income taxes	(10.4		)	21.3			44.9			—			55.8
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(23.2		)	47.2			107.0			(0.1		)	130.9
Equity in earnings of consolidated subsidiaries	156.2			45.5			46.6			(248.3		)	—
Equity in earnings (losses) of unconsolidated affiliates	—			—			1.3			—			1.3
Income from continuing operations	133.0			92.7			154.9			(248.4		)	132.2
Discontinued operations, net of tax	—			0.8			—			—			0.8
Net income	133.0			93.5			154.9			(248.4		)	133.0
Net income attributable to the noncontrolling interest	—			—			—			—			—
Net income attributable to Oshkosh Corporation	$	133.0		$	93.5		$	154.9		$	(248.4	)	$	133.0

Condensed Consolidating Statement of Income

For the Six Months Ended March 31, 2012

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	2,086.8		$	1,582.1		$	462.1		$	(200.2	)	$	3,930.8
Cost of sales	1,895.4			1,355.4			410.4			(199.4		)	3,461.8
Gross income	191.4			226.7			51.7			(0.8		)	469.0
Selling, general and administrative expenses	110.9			84.1			81.5			—			276.5
Amortization of purchased intangibles	0.1			20.0			9.2			—			29.3
Operating income	80.4			122.6			(39.0		)	(0.8		)	163.2
Interest expense	(93.9		)	(39.1		)	(2.2		)	96.7			(38.5		)
Interest income	1.1			15.1			81.7			(96.7		)	1.2
Miscellaneous, net	4.9			(91.2		)	82.0			—			(4.3		)
Income (loss) from continuing operations before income taxes	(7.5		)	7.4			122.5			(0.8		)	121.6
Provision for (benefit from) income taxes	(2.0		)	1.5			37.6			(0.3		)	36.8
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(5.5		)	5.9			84.9			(0.5		)	84.8
Equity in earnings of consolidated subsidiaries	81.9			48.9			13.7			(144.5		)	—
Equity in earnings (losses) of unconsolidated affiliates	(0.2		)	—			0.9			—			0.7
Income from continuing operations	76.2			54.8			99.5			(145.0		)	85.5
Discontinued operations, net of tax	—			(7.7		)	(0.5		)	—			(8.2		)
Net income	76.2			47.1			99.0			(145.0		)	77.3
Net income attributable to the noncontrolling interest	—			—			(1.1		)	—			(1.1		)
Net income attributable to Oshkosh Corporation	$	76.2		$	47.1		$	97.9		$	(145.0	)	$	76.2

Condensed Consolidating Statement of Comprehensive Income

Condensed Consolidating Statement of Comprehensive Income

For the Three Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	86.5		$	63.4	$	93.2		$	(156.6	)	$	86.5
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	—			—		—			—			—
Employee pension and postretirement benefits	1.0			—		—			—			1.0
Currency translation adjustments	(10.0		)	0.1		(10.1		)	10.0			(10.0		)
Total other comprehensive income (loss), net of tax	(9.0		)	0.1		(10.1		)	10.0			(9.0		)
Comprehensive income	77.5			63.5		83.1			(146.6		)	77.5
Comprehensive (income) loss attributable to noncontrolling interest	—			—		—			—			—
Comprehensive income attributable to Oshkosh Corporation	$	77.5		$	63.5	$	83.1		$	(146.6	)	$	77.5

Condensed Consolidating Statement of Comprehensive Income

For the Three Months Ended March 31, 2012

	Oshkosh Corporation		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	37.3	$	41.5	$	67.0		$	(107.8	)	$	38.0
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	—		—		—			—			—
Employee pension and postretirement benefits	1.5		—		—			—			1.5
Currency translation adjustments	11.8		0.4		11.4			(11.8		)	11.8
Total other comprehensive income (loss), net of tax	13.3		0.4		11.4			(11.8		)	13.3
Comprehensive income	50.6		41.9		78.4			(119.6		)	51.3
Comprehensive (income) loss attributable to noncontrolling interest	—		—		(0.7		)	—			(0.7		)
Comprehensive income attributable to Oshkosh Corporation	$	50.6	$	41.9	$	77.7		$	(119.6	)	$	50.6

Condensed Consolidating Statement of Comprehensive Income

For the Six Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	133.0		$	93.5	$	154.9		$	(248.4	)	$	133.0
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	—			—		—			—			—
Employee pension and postretirement benefits	2.0			—		—			—			2.0
Currency translation adjustments	(1.4		)	0.1		(1.5		)	1.4			(1.4		)
Total other comprehensive income (loss), net of tax	0.6			0.1		(1.5		)	1.4			0.6
Comprehensive income	133.6			93.6		153.4			(247.0		)	133.6
Comprehensive (income) loss attributable to noncontrolling interest	—			—		—			—			—
Comprehensive income attributable to Oshkosh Corporation	$	133.6		$	93.6	$	153.4		$	(247.0	)	$	133.6

Condensed Consolidating Statement of Comprehensive Income

For the Six Months Ended March 31, 2012

	Oshkosh Corporation		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	76.2	$	47.1	$	99.0		$	(145.0	)	$	77.3
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	1.4		—		—			—			1.4
Employee pension and postretirement benefits	3.0		—		—			—			3.0
Currency translation adjustments	3.7		2.6		1.1			(3.7		)	3.7
Total other comprehensive income (loss), net of tax	8.1		2.6		1.1			(3.7		)	8.1
Comprehensive income	84.3		49.7		100.1			(148.7		)	85.4
Comprehensive (income) loss attributable to noncontrolling interest	—		—		(1.1		)	—			(1.1		)
Comprehensive income attributable to Oshkosh Corporation	$	84.3	$	49.7	$	99.0		$	(148.7	)	$	84.3

Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet

As of March 31, 2013

	Oshkosh Corporation		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	418.5	$	9.9		$	23.9	$	—		$	452.3
Receivables, net	322.0		513.6			173.9		(39.2		)	970.3
Inventories, net	395.8		424.4			241.9		(1.4		)	1,060.7
Other current assets	105.5		47.5			22.3		0.4			175.7
Total current assets	1,241.8		995.4			462.0		(40.2		)	2,659.0
Investment in and advances to consolidated subsidiaries	2,365.5		(1,115.5		)	3,407.9		(4,657.9		)	—
Intangible assets, net	2.3		1,090.7			690.4		—			1,783.4
Other long-term assets	146.3		148.8			137.1		—			432.2
Total assets	$	3,755.9	$	1,119.4		$	4,697.4	$	(4,698.1	)	$	4,874.6
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$	286.3	$	301.3		$	104.7	$	(32.8	)	$	659.5
Customer advances	329.2		196.8			3.1		—			529.1
Other current liabilities	157.1		190.9			85.4		(7.4		)	426.0
Total current liabilities	772.6		689.0			193.2		(40.2		)	1,614.6
Long-term debt, less current maturities	922.5		—			—		—			922.5
Other long-term liabilities	173.1		132.8			143.9		—			449.8
Shareholders' equity	1,887.7		297.6			4,360.3		(4,657.9		)	1,887.7
Total liabilities and shareholders' equity	$	3,755.9	$	1,119.4		$	4,697.4	$	(4,698.1	)	$	4,874.6

Condensed Consolidating Balance Sheet

As of September 30, 2012

	Oshkosh Corporation		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	500.0	$	5.5		$	35.2	$	—		$	540.7
Receivables, net	388.0		487.5			177.3		(34.2		)	1,018.6
Inventories, net	284.3		415.7			239.3		(1.8		)	937.5
Other current assets	129.2		47.9			20.6		—			197.7
Total current assets	1,301.5		956.6			472.4		(36.0		)	2,694.5
Investment in and advances to consolidated subsidiaries	2,358.1		(1,182.9		)	3,235.8		(4,411.0		)	—
Intangible assets, net	2.5		1,110.4			696.3		—			1,809.2
Other long-term assets	154.7		156.8			132.6		—			444.1
Total assets	$	3,816.8	$	1,040.9		$	4,537.1	$	(4,447.0	)	$	4,947.8
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$	326.2	$	288.9		$	96.7	$	(28.5	)	$	683.3
Customer advances	315.4		190.5			4.5		—			510.4
Other current liabilities	213.6		220.2			84.5		(7.5		)	510.8
Total current liabilities	855.2		699.6			185.7		(36.0		)	1,704.5
Long-term debt, less current maturities	955.0		—			—		—			955.0
Other long-term liabilities	153.1		137.3			144.4		—			434.8
Shareholders' equity	1,853.5		204.0			4,207.0		(4,411.0		)	1,853.5
Total liabilities and shareholders' equity	$	3,816.8	$	1,040.9		$	4,537.1	$	(4,447.0	)	$	4,947.8

Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net cash provided (used) by operating activities	$	(114.1	)	$	33.4		$	125.1		$	—		$	44.4
Investing activities:
Additions to property, plant and equipment	(5.7		)	(5.3		)	(4.4		)	—			(15.4		)
Additions to equipment held for rental	—			—			(10.1		)	—			(10.1		)
Intercompany investing	147.5			(10.7		)	(122.0		)	(14.8		)	—
Other investing activities	—			—			0.6			—			0.6
Net cash provided (used) by investing activities	141.8			(16.0		)	(135.9		)	(14.8		)	(24.9		)
Financing activities:
Repayment of long-term debt	—			—			—			—			—
Repurchase of common stock	(125.1		)	—			—			—			(125.1		)
Proceeds from exercise of stock options	15.7			—			—			—			15.7
Intercompany financing	(0.6		)	(13.0		)	(1.2		)	14.8			—
Other financing activities	0.8			—			—			—			0.8
Net cash provided (used) by financing activities	(109.2		)	(13.0		)	(1.2		)	14.8			(108.6		)
Effect of exchange rate changes on cash	—			—			0.7			—			0.7
Increase (decrease) in cash and cash equivalents	(81.5		)	4.4			(11.3		)	—			(88.4		)
Cash and cash equivalents at beginning of period	500.0			5.5			35.2			—			540.7
Cash and cash equivalents at end of period	$	418.5		$	9.9		$	23.9		$	—		$	452.3

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended March 31, 2012

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net cash provided (used) by operating activities	$	(40.1	)	$	(16.7	)	$	103.7		$	—		$	46.9
Investing activities:
Additions to property, plant and equipment	(12.0		)	(7.7		)	(4.4		)	—			(24.1		)
Additions to equipment held for rental	—			—			(3.1		)	—			(3.1		)
Intercompany investing	81.2			28.7			(96.9		)	(13.0		)	—
Other investing activities	5.2			1.0			1.6			—			7.8
Net cash provided (used) by investing activities	74.4			22.0			(102.8		)	(13.0		)	(19.4		)
Financing activities:
Repayment of long-term debt	(72.5		)	—			—			—			(72.5		)
Repurchase of Common Stock	—			—			—			—			—
Proceeds from exercise of stock options	2.9			—			—			—			2.9
Intercompany financing	(0.6		)	(13.0		)	0.6			13.0			—
Other financing activities	(0.4		)	—			0.2			—			(0.2		)
Net cash provided (used) by financing activities	(70.6		)	(13.0		)	0.8			13.0			(69.8		)
Effect of exchange rate changes on cash	—			0.8			1.4			—			2.2
Increase (decrease) in cash and cash equivalents	(36.3		)	(6.9		)	3.1			—			(40.1		)
Cash and cash equivalents at beginning of period	376.3			13.5			38.7			—			428.5
Cash and cash equivalents at end of period	$	340.0		$	6.6		$	41.8		$	—		$	388.4

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Income Taxes (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Sep. 30, 2012
Income Tax Disclosure [Abstract]
Effective income tax rate	29.90%	30.30%
Effective income tax rate reconciliation, reinstatement of U.S. research and development income tax credit	2.50%
Effective income tax rate reconciliation, foreign income tax rate differential	4.00%
Effective income tax rate reconciliation, net discrete tax benefits, basis spread		6.60%
Effective income tax rate reconciliation, adjustment to reflect positions on previously filed tax returns, basis spread		2.70%
Effective income tax rate reconciliation, settlement of foreign tax audit, basis spread		2.00%
Effective income tax rate reconciliation, reduction of tax reserves resulting from lapse of applicable statute of limitations, basis spread		0.80%
Gross unrecognized tax benefits, excluding income tax penalties and interest	$ 36.3		$ 33.9
Net unrecognized tax benefits, excluding interest and penalties that would affect the Company's net income if recognized	25.2
Net unrecognized tax benefits, excluding interest and penalties that would affect the Company's net income from continuing operations, if recognized	24.6
Interest and penalties	1.4	1.2
Accruals for payment of interest and penalties	15.5
Estimated reduction in unrecognized tax benefits due to tax audit resolutions during the next twelve months	$ 2.5

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Property, Plant and Equipment (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Sep. 30, 2012
Property, plant and equipment
Property, plant and equipment, gross	$ 864.9		$ 856.5
Less accumulated depreciation	(507.7)		(486.6)
Property, plant and equipment, net	357.2		369.9
Depreciation expenses	32.0	31.8
Land and land improvements
Property, plant and equipment
Property, plant and equipment, gross	46.1		45.8
Buildings
Property, plant and equipment
Property, plant and equipment, gross	237.4		236.3
Machinery and equipment
Property, plant and equipment
Property, plant and equipment, gross	560.5		550.6
Equipment on operating lease to others
Property, plant and equipment
Property, plant and equipment, gross	20.9		23.8
Equipment on operating lease, net	$ 15.3		$ 9.4
Equipment on operating lease to others | Minimum
Property, plant and equipment
Estimated useful life (in years)	5 years
Equipment on operating lease to others | Maximum
Property, plant and equipment
Estimated useful life (in years)	10 years

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Separate Financial Information of Subsidiary Guarantors of Indebtedness (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Condensed Consolidating Statements of Income
Net sales	$ 1,984.4	$ 2,062.3	$ 3,734.2	$ 3,930.8
Cost of sales	1,681.0	1,818.2	3,184.8	3,461.8
Gross income	303.4	244.1	549.4	469.0
Selling, general and administrative expenses	154.3	145.4	305.6	276.5
Amortization of purchased intangibles	14.5	14.6	28.9	29.3
Operating income	134.6	84.1	214.9	163.2
Interest expense	(16.4)	(18.0)	(32.8)	(38.5)
Interest income	1.7	0.6	4.2	1.2
Miscellaneous, net	0.1	1.3	0.4	(4.3)
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	120.0	68.0	186.7	121.6
Provision for income taxes	34.8	24.4	55.8	36.8
Income from continuing operations before equity in earnings of unconsolidated affiliates	85.2	43.6	130.9	84.8
Equity in earnings of consolidated subsidiaries	0	0	0	0
Equity in earnings (losses) of unconsolidated affiliates	0.7	0	1.3	0.7
Income from continuing operations, net of tax	85.9	43.6	132.2	85.5
Discontinued operations, net of tax	0.6	(5.6)	0.8	(8.2)
Net income	86.5	38.0	133.0	77.3
Net income attributable to noncontrolling interest	0	(0.7)	0	(1.1)
Net income attributable to Oshkosh Corporation	86.5	37.3	133.0	76.2
Oshkosh Corporation
Condensed Consolidating Statements of Income
Net sales	863.3	1,016.0	1,721.7	2,086.8
Cost of sales	771.2	944.7	1,540.4	1,895.4
Gross income	92.1	71.3	181.3	191.4
Selling, general and administrative expenses	64.0	56.3	135.8	110.9
Amortization of purchased intangibles	0	0	0.1	0.1
Operating income	28.1	15.0	45.4	80.4
Interest expense	(50.7)	(45.8)	(101.5)	(93.9)
Interest income	0.6	0.6	1.2	1.1
Miscellaneous, net	12.2	2.8	21.3	4.9
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	(9.8)	(27.4)	(33.6)	(7.5)
Provision for income taxes	(3.0)	(6.2)	(10.4)	(2.0)
Income from continuing operations before equity in earnings of unconsolidated affiliates	(6.8)	(21.2)	(23.2)	(5.5)
Equity in earnings of consolidated subsidiaries	93.3	58.7	156.2	81.9
Equity in earnings (losses) of unconsolidated affiliates	0	(0.2)	0	(0.2)
Income from continuing operations, net of tax	86.5	37.3	133.0	76.2
Discontinued operations, net of tax	0	0	0	0
Net income	86.5	37.3	133.0	76.2
Net income attributable to noncontrolling interest	0	0	0	0
Net income attributable to Oshkosh Corporation	86.5	37.3	133.0	76.2
Guarantor Subsidiaries
Condensed Consolidating Statements of Income
Net sales	908.0	847.4	1,639.5	1,582.1
Cost of sales	723.2	698.5	1,320.3	1,355.4
Gross income	184.8	148.9	319.2	226.7
Selling, general and administrative expenses	82.8	45.0	156.8	84.1
Amortization of purchased intangibles	10.0	10.0	19.9	20.0
Operating income	92.0	93.9	142.5	122.6
Interest expense	(14.0)	(19.7)	(28.0)	(39.1)
Interest income	9.1	7.6	19.1	15.1
Miscellaneous, net	(37.4)	(56.2)	(65.1)	(91.2)
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	49.7	25.6	68.5	7.4
Provision for income taxes	15.4	7.4	21.3	1.5
Income from continuing operations before equity in earnings of unconsolidated affiliates	34.3	18.2	47.2	5.9
Equity in earnings of consolidated subsidiaries	28.5	28.5	45.5	48.9
Equity in earnings (losses) of unconsolidated affiliates	0	0	0	0
Income from continuing operations, net of tax	62.8	46.7	92.7	54.8
Discontinued operations, net of tax	0.6	(5.2)	0.8	(7.7)
Net income	63.4	41.5	93.5	47.1
Net income attributable to noncontrolling interest	0	0	0	0
Net income attributable to Oshkosh Corporation	63.4	41.5	93.5	47.1
Non-Guarantor Subsidiaries
Condensed Consolidating Statements of Income
Net sales	250.5	249.6	440.7	462.1
Cost of sales	224.0	225.0	391.7	410.4
Gross income	26.5	24.6	49.0	51.7
Selling, general and administrative expenses	7.5	44.1	13.0	81.5
Amortization of purchased intangibles	4.5	4.6	8.9	9.2
Operating income	14.5	(24.1)	27.1	(39.0)
Interest expense	(0.8)	(1.2)	(1.9)	(2.2)
Interest income	41.1	41.1	82.5	81.7
Miscellaneous, net	25.3	54.7	44.2	82.0
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	80.1	70.5	151.9	122.5
Provision for income taxes	22.4	23.5	44.9	37.6
Income from continuing operations before equity in earnings of unconsolidated affiliates	57.7	47.0	107.0	84.9
Equity in earnings of consolidated subsidiaries	34.8	20.2	46.6	13.7
Equity in earnings (losses) of unconsolidated affiliates	0.7	0.2	1.3	0.9
Income from continuing operations, net of tax	93.2	67.4	154.9	99.5
Discontinued operations, net of tax	0	(0.4)	0	(0.5)
Net income	93.2	67.0	154.9	99.0
Net income attributable to noncontrolling interest	0	(0.7)	0	(1.1)
Net income attributable to Oshkosh Corporation	93.2	66.3	154.9	97.9
Eliminations
Condensed Consolidating Statements of Income
Net sales	(37.4)	(50.7)	(67.7)	(200.2)
Cost of sales	(37.4)	(50.0)	(67.6)	(199.4)
Gross income	0	(0.7)	(0.1)	(0.8)
Selling, general and administrative expenses	0	0	0	0
Amortization of purchased intangibles	0	0	0	0
Operating income	0	(0.7)	(0.1)	(0.8)
Interest expense	49.1	48.7	98.6	96.7
Interest income	(49.1)	(48.7)	(98.6)	(96.7)
Miscellaneous, net	0	0	0	0
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	0	(0.7)	(0.1)	(0.8)
Provision for income taxes	0	(0.3)	0	(0.3)
Income from continuing operations before equity in earnings of unconsolidated affiliates	0	(0.4)	(0.1)	(0.5)
Equity in earnings of consolidated subsidiaries	(156.6)	(107.4)	(248.3)	(144.5)
Equity in earnings (losses) of unconsolidated affiliates	0	0	0	0
Income from continuing operations, net of tax	(156.6)	(107.8)	(248.4)	(145.0)
Discontinued operations, net of tax	0	0	0	0
Net income	(156.6)	(107.8)	(248.4)	(145.0)
Net income attributable to noncontrolling interest	0	0	0	0
Net income attributable to Oshkosh Corporation	$ (156.6)	$ (107.8)	$ (248.4)	$ (145.0)

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Earnings (Loss) Per Share (Tables)

6 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Schedule of income attributable to common shareholders

Net income (loss) attributable to Oshkosh Corporation common shareholders was as follows (in millions):

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Net income from continuing operations	$	85.9		$	42.9		$	132.2		$	84.4
Less: net earnings allocated to participating securities	(0.5		)	(0.1		)	(0.8		)	(0.2		)
Net income available to Oshkosh Corporation common shareholders	$	85.4		$	42.8		$	131.4		$	84.2
Net income (loss) from discontinued operations	$	0.6		$	(5.6	)	$	0.8		$	(8.2	)

Schedule of computation of basic and diluted weighted-average shares used in the denominator of per share calculations

Basic and diluted weighted-average shares used in the denominator of the per share calculations was as follows:

	Three Months Ended March 31,		Six Months Ended March 31,
	2013	2012	2013	2012
Basic weighted-average shares outstanding	87,112,173	91,359,575	88,706,133	91,272,488
Effect of dilutive stock options and equity-based compensation awards	1,454,176	583,987	1,315,578	557,472
Diluted weighted-average shares outstanding	88,566,349	91,943,562	90,021,711	91,829,960

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Receivables (Tables)

6 Months Ended

Mar. 31, 2013

Receivables [Abstract]

Schedule of receivables

Receivables consisted of the following (in millions):

	March 31,			September 30,
	2013			2012
U.S. government:
Amounts billed	$	141.4		$	99.2
Costs and profits not billed	54.2			251.7
	195.6			350.9
Other trade receivables	749.7			633.0
Finance receivables	5.5			5.2
Notes receivable	23.9			24.6
Other receivables	33.0			35.6
	1,007.7			1,049.3
Less allowance for doubtful accounts	(23.3		)	(18.0		)
	$	984.4		$	1,031.3

Classification of receivables in the Consolidated Balance Sheets

Classification of receivables in the Condensed Consolidated Balance Sheets consisted of the following (in millions):

	March 31,		September 30,
	2013		2012
Current receivables	$	970.3	$	1,018.6
Long-term receivables	14.1		12.7
	$	984.4	$	1,031.3

Schedule of finance receivables

Finance receivables consisted of the following (in millions):

	March 31,			September 30,
	2013			2012
Finance receivables	$	6.4		$	6.0
Less unearned income	(0.9		)	(0.8		)
Net finance receivables	5.5			5.2
Less allowance for doubtful accounts	(1.3		)	(1.4		)
	$	4.2		$	3.8

Schedule of finance and notes receivable aging and accrual status

Finance and notes receivable aging and accrual status consisted of the following (in millions):

	Finance Receivables						Notes Receivables
	March 31, 2013			September 30, 2012			March 31,  2013			September 30, 2012
Aging of receivables that are past due:
Greater than 30 days and less than 60 days	$	0.1		$	0.1		$	—		$	—
Greater than 60 days and less than 90 days	0.1			—			—			—
Greater than 90 days	1.5			1.3			—			—
Receivables on nonaccrual status	3.1			3.4			18.9			19.0
Receivables past due 90 days or more and still accruing	—			—			—			—
Receivables subject to general reserves	0.4			1.5			1.6			—
Allowance for doubtful accounts	—			—			—			—
Receivables subject to specific reserves	5.1			3.7			22.3			24.6
Allowance for doubtful accounts	(1.3		)	(1.4		)	(11.0		)	(8.0		)

Schedule of changes in the allowance for doubtful accounts

Changes in the Company’s allowance for doubtful accounts were as follows (in millions):

	Three Months Ended March 31, 2013											Three Months Ended March 31, 2012
	Finance			Notes		Trade and Other			Total			Finance			Notes			Trade and Other			Total
Allowance for doubtful accounts at beginning of period	$	1.5		$	8.0	$	9.0		$	18.5		$	3.7		$	8.7		$	8.7		$	21.1
Provision for doubtful accounts, net of recoveries	(0.2		)	3.0		2.4			5.2			(0.6		)	(0.2		)	1.7			0.9
Charge-off of accounts	—			—		(0.4		)	(0.4		)	—			—			(0.2		)	(0.2		)
Foreign currency translation	—			—		—			—			—			—			—			—
Allowance for doubtful accounts at end of period	$	1.3		$	11.0	$	11.0		$	23.3		$	3.1		$	8.5		$	10.2		$	21.8

	Six Months Ended March 31, 2013											Six Months Ended March 31, 2012
	Finance			Notes		Trade and Other			Total			Finance			Notes			Trade and Other			Total
Allowance for doubtful accounts at beginning of period	$	1.4		$	8.0	$	8.6		$	18.0		$	11.5		$	8.9		$	9.1		$	29.5
Provision for doubtful accounts, net of recoveries	(0.1		)	3.0		2.8			5.7			(3.1		)	(0.2		)	2.3			(1.0		)
Charge-off of accounts	—			—		(0.4		)	(0.4		)	(5.3		)	(0.2		)	(1.2		)	(6.7		)
Foreign currency translation	—			—		—			—			—			—			—			—
Allowance for doubtful accounts at end of period	$	1.3		$	11.0	$	11.0		$	23.3		$	3.1		$	8.5		$	10.2		$	21.8

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Separate Financial Information of Subsidiary Guarantors of Indebtedness (Details 2) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Condensed financial statements, captions
Net income	$ 86.5	$ 38.0	$ 133.0	$ 77.3
Change in fair value of derivative instruments	0	0	0	1.4
Employee pension and postretirement benefits	1.0	1.5	2.0	3.0
Currency translation adjustments	(10.0)	11.8	(1.4)	3.7
Total other comprehensive income (loss), net of tax	(9.0)	13.3	0.6	8.1
Comprehensive income	77.5	51.3	133.6	85.4
Comprehensive (income) loss attributable to noncontrolling interest	0	(0.7)	0	(1.1)
Comprehensive income attributable to Oshkosh Corporation	77.5	50.6	133.6	84.3
Oshkosh Corporation
Condensed financial statements, captions
Net income	86.5	37.3	133.0	76.2
Change in fair value of derivative instruments	0	0	0	1.4
Employee pension and postretirement benefits	1.0	1.5	2.0	3.0
Currency translation adjustments	(10.0)	11.8	(1.4)	3.7
Total other comprehensive income (loss), net of tax	(9.0)	13.3	0.6	8.1
Comprehensive income	77.5	50.6	133.6	84.3
Comprehensive (income) loss attributable to noncontrolling interest	0	0	0	0
Comprehensive income attributable to Oshkosh Corporation	77.5	50.6	133.6	84.3
Guarantor Subsidiaries
Condensed financial statements, captions
Net income	63.4	41.5	93.5	47.1
Change in fair value of derivative instruments	0	0	0	0
Employee pension and postretirement benefits	0	0	0	0
Currency translation adjustments	0.1	0.4	0.1	2.6
Total other comprehensive income (loss), net of tax	0.1	0.4	0.1	2.6
Comprehensive income	63.5	41.9	93.6	49.7
Comprehensive (income) loss attributable to noncontrolling interest	0	0	0	0
Comprehensive income attributable to Oshkosh Corporation	63.5	41.9	93.6	49.7
Non-Guarantor Subsidiaries
Condensed financial statements, captions
Net income	93.2	67.0	154.9	99.0
Change in fair value of derivative instruments	0	0	0	0
Employee pension and postretirement benefits	0	0	0	0
Currency translation adjustments	(10.1)	11.4	(1.5)	1.1
Total other comprehensive income (loss), net of tax	(10.1)	11.4	(1.5)	1.1
Comprehensive income	83.1	78.4	153.4	100.1
Comprehensive (income) loss attributable to noncontrolling interest	0	(0.7)	0	(1.1)
Comprehensive income attributable to Oshkosh Corporation	83.1	77.7	153.4	99.0
Eliminations
Condensed financial statements, captions
Net income	(156.6)	(107.8)	(248.4)	(145.0)
Change in fair value of derivative instruments	0	0	0	0
Employee pension and postretirement benefits	0	0	0	0
Currency translation adjustments	10.0	(11.8)	1.4	(3.7)
Total other comprehensive income (loss), net of tax	10.0	(11.8)	1.4	(3.7)
Comprehensive income	(146.6)	(119.6)	(247.0)	(148.7)
Comprehensive (income) loss attributable to noncontrolling interest	0	0	0	0
Comprehensive income attributable to Oshkosh Corporation	$ (146.6)	$ (119.6)	$ (247.0)	$ (148.7)

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Earnings (Loss) Per Share (Details) (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Amount attributable to Oshkosh Corporation common shareholders:
Net income from continuing operations	$ 85.9	$ 42.9	$ 132.2	$ 84.4
Less: net earnings allocated to participating securities	(0.5)	(0.1)	(0.8)	(0.2)
Net income available to Oshkosh Corporation common shareholders	85.4	42.8	131.4	84.2
Net income (loss) from discontinued operations	$ 0.6	$ (5.6)	$ 0.8	$ (8.2)
Basic weighted-average shares outstanding (in shares)	87,112,173	91,359,575	88,706,133	91,272,488
Effect of dilutive stock options and other equity-based compensation awards (in shares)	1,454,176	583,987	1,315,578	557,472
Diluted weighted-average shares outstanding (in shares)	88,566,349	91,943,562	90,021,711	91,829,960
Common Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti dilutive options outstanding excluded from earnings per share calculation (in shares)	1,132,150	3,097,327	1,168,850	3,097,327

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Goodwill and Purchased Intangible Assets (Details 2) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Details of the Company's goodwill allocated to the reportable segments
Gross	$ 2,149.4	$ 2,150.0
Accumulated Impairment	(1,116.2)	(1,116.2)
Net	1,033.2	1,033.8
Access Equipment
Details of the Company's goodwill allocated to the reportable segments
Gross	1,837.7	1,838.2
Accumulated Impairment	(932.1)	(932.1)
Net	905.6	906.1
Fire and Emergency
Details of the Company's goodwill allocated to the reportable segments
Gross	114.3	114.3
Accumulated Impairment	(8.2)	(8.2)
Net	106.1	106.1
Commercial
Details of the Company's goodwill allocated to the reportable segments
Gross	197.4	197.5
Accumulated Impairment	(175.9)	(175.9)
Net	$ 21.5	$ 21.6

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Business Segment Information (Details 2) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Net sales:
External Customers	$ 1,984.4	$ 2,062.3	$ 3,734.2	$ 3,930.8
Inter-segment	0	0	0	0
Net sales	1,984.4	2,062.3	3,734.2	3,930.8
Operating income (loss) from continuing operations:
Operating income (loss)	134.6	84.1	214.9	163.2
Interest expense net of interest income	(14.7)	(17.4)	(28.6)	(37.3)
Miscellaneous other income (expense)	0.1	1.3	0.4	(4.3)
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	120.0	68.0	186.7	121.6
Access Equipment
Net sales:
External Customers	817.4	759.4	1,398.6	1,264.5
Inter-segment	0	1.0	0.1	123.6
Net sales	817.4	760.4	1,398.7	1,388.1
Operating income (loss) from continuing operations:
Operating income (loss)	95.0	68.4	143.9	81.5
Access Equipment | Aerial work platforms
Net sales:
External Customers	379.3	388.3	631.5	633.6
Inter-segment	0	0	0	0
Net sales	379.3	388.3	631.5	633.6
Access Equipment | Telehandlers
Net sales:
External Customers	307.4	239.9	514.3	382.6
Inter-segment	0	0	0	0
Net sales	307.4	239.9	514.3	382.6
Access Equipment | Other
Net sales:
External Customers	130.7	131.2	252.8	248.3
Inter-segment	0	1.0	0.1	123.6
Net sales	130.7	132.2	252.9	371.9
Defense
Net sales:
External Customers	826.7	986.5	1,654.5	2,036.7
Inter-segment	0.9	0.8	1.8	1.6
Net sales	827.6	987.3	1,656.3	2,038.3
Operating income (loss) from continuing operations:
Operating income (loss)	67.0	41.9	127.9	134.3
Fire and Emergency
Net sales:
External Customers	161.8	157.7	333.2	305.9
Inter-segment	12.2	10.8	22.9	15.5
Net sales	174.0	168.5	356.1	321.4
Operating income (loss) from continuing operations:
Operating income (loss)	2.7	(3.0)	8.1	(9.3)
Commercial
Net sales:
External Customers	178.5	158.7	347.9	323.7
Inter-segment	7.0	9.0	14.9	15.6
Net sales	185.5	167.7	362.8	339.3
Operating income (loss) from continuing operations:
Operating income (loss)	7.6	3.9	15.6	10.8
Commercial | Concrete placement
Net sales:
External Customers	92.2	52.7	155.5	99.4
Inter-segment	0	0	0	0
Net sales	92.2	52.7	155.5	99.4
Commercial | Refuse collection
Net sales:
External Customers	61.3	79.7	142.1	175.0
Inter-segment	0	0	0	0
Net sales	61.3	79.7	142.1	175.0
Commercial | Other
Net sales:
External Customers	25.0	26.3	50.3	49.3
Inter-segment	7.0	9.0	14.9	15.6
Net sales	32.0	35.3	65.2	64.9
Corporate
Operating income (loss) from continuing operations:
Operating income (loss)	(37.9)	(27.0)	(80.6)	(54.1)
Intersegment eliminations
Net sales:
External Customers	0	0	0	0
Inter-segment	(20.1)	(21.6)	(39.7)	(156.3)
Net sales	(20.1)	(21.6)	(39.7)	(156.3)
Operating income (loss) from continuing operations:
Operating income (loss)	$ 0.2	$ (0.1)	$ 0	$ 0

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Separate Financial Information of Subsidiary Guarantors of Indebtedness (Details 4) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Condensed Consolidating Statement of Cash Flows
Net cash provided (used) by operating activities	$ 44.4	$ 46.9
Investing activities:
Additions to property, plant and equipment	(15.4)	(24.1)
Additions to equipment held for rental	(10.1)	(3.1)
Intercompany investing	0	0
Other investing activities	0.6	7.8
Net cash used by investing activities	(24.9)	(19.4)
Financing activities:
Repayment of long-term debt	0	(72.5)
Repurchases of Common Stock	(125.1)	0
Proceeds from exercise of stock options	15.7	2.9
Intercompany financing	0	0
Other financing activities	0.8	(0.2)
Net cash used by financing activities	(108.6)	(69.8)
Effect of exchange rate changes on cash	0.7	2.2
Decrease in cash and cash equivalents	(88.4)	(40.1)
Cash and cash equivalents at beginning of period	540.7	428.5
Cash and cash equivalents at end of period	452.3	388.4
Oshkosh Corporation
Condensed Consolidating Statement of Cash Flows
Net cash provided (used) by operating activities	(114.1)	(40.1)
Investing activities:
Additions to property, plant and equipment	(5.7)	(12.0)
Additions to equipment held for rental	0	0
Intercompany investing	147.5	81.2
Other investing activities	0	5.2
Net cash used by investing activities	141.8	74.4
Financing activities:
Repayment of long-term debt	0	(72.5)
Repurchases of Common Stock	(125.1)	0
Proceeds from exercise of stock options	15.7	2.9
Intercompany financing	(0.6)	(0.6)
Other financing activities	0.8	(0.4)
Net cash used by financing activities	(109.2)	(70.6)
Effect of exchange rate changes on cash	0	0
Decrease in cash and cash equivalents	(81.5)	(36.3)
Cash and cash equivalents at beginning of period	500.0	376.3
Cash and cash equivalents at end of period	418.5	340.0
Guarantor Subsidiaries
Condensed Consolidating Statement of Cash Flows
Net cash provided (used) by operating activities	33.4	(16.7)
Investing activities:
Additions to property, plant and equipment	(5.3)	(7.7)
Additions to equipment held for rental	0	0
Intercompany investing	(10.7)	28.7
Other investing activities	0	1.0
Net cash used by investing activities	(16.0)	22.0
Financing activities:
Repayment of long-term debt	0	0
Repurchases of Common Stock	0	0
Proceeds from exercise of stock options	0	0
Intercompany financing	(13.0)	(13.0)
Other financing activities	0	0
Net cash used by financing activities	(13.0)	(13.0)
Effect of exchange rate changes on cash	0	0.8
Decrease in cash and cash equivalents	4.4	(6.9)
Cash and cash equivalents at beginning of period	5.5	13.5
Cash and cash equivalents at end of period	9.9	6.6
Non-Guarantor Subsidiaries
Condensed Consolidating Statement of Cash Flows
Net cash provided (used) by operating activities	125.1	103.7
Investing activities:
Additions to property, plant and equipment	(4.4)	(4.4)
Additions to equipment held for rental	(10.1)	(3.1)
Intercompany investing	(122.0)	(96.9)
Other investing activities	0.6	1.6
Net cash used by investing activities	(135.9)	(102.8)
Financing activities:
Repayment of long-term debt	0	0
Repurchases of Common Stock	0	0
Proceeds from exercise of stock options	0	0
Intercompany financing	(1.2)	0.6
Other financing activities	0	0.2
Net cash used by financing activities	(1.2)	0.8
Effect of exchange rate changes on cash	0.7	1.4
Decrease in cash and cash equivalents	(11.3)	3.1
Cash and cash equivalents at beginning of period	35.2	38.7
Cash and cash equivalents at end of period	23.9	41.8
Eliminations
Condensed Consolidating Statement of Cash Flows
Net cash provided (used) by operating activities	0	0
Investing activities:
Additions to property, plant and equipment	0	0
Additions to equipment held for rental	0	0
Intercompany investing	(14.8)	(13.0)
Other investing activities	0	0
Net cash used by investing activities	(14.8)	(13.0)
Financing activities:
Repayment of long-term debt	0	0
Repurchases of Common Stock	0	0
Proceeds from exercise of stock options	0	0
Intercompany financing	14.8	13.0
Other financing activities	0	0
Net cash used by financing activities	14.8	13.0
Effect of exchange rate changes on cash	0	0
Decrease in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	$ 0	$ 0

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Business Segment Information (Details 3) (USD $) In Millions, unless otherwise specified	3 Months Ended			6 Months Ended
	Mar. 31, 2013		Mar. 31, 2012	Mar. 31, 2013		Mar. 31, 2012	Sep. 30, 2012
Revenue and assets by geography
Identifiable assets	$ 4,874.6			$ 4,874.6			$ 4,947.8
Net sales	1,984.4		2,062.3	3,734.2		3,930.8
U.S.
Revenue and assets by geography
Net sales				3,016.2		3,149.5
Other North America
Revenue and assets by geography
Net sales				116.5		109.3
Europe, Africa and Middle East
Revenue and assets by geography
Net sales				366.7		421.2
Rest of World
Revenue and assets by geography
Net sales				234.8		250.8
Access Equipment
Revenue and assets by geography
Identifiable assets	2,758.4			2,758.4			2,721.9
Net sales	817.4		760.4	1,398.7		1,388.1
Access Equipment | U.S.
Revenue and assets by geography
Identifiable assets	1,816.2			1,816.2			1,754.6
Access Equipment | Europe
Revenue and assets by geography
Identifiable assets	702.1	[1]		702.1	[1]		684.2	[1]
Access Equipment | Rest of World
Revenue and assets by geography
Identifiable assets	240.1			240.1			283.1
Defense
Revenue and assets by geography
Net sales	827.6		987.3	1,656.3		2,038.3
Defense | U.S.
Revenue and assets by geography
Identifiable assets	694.7			694.7			684.5
Fire and Emergency
Revenue and assets by geography
Net sales	174.0		168.5	356.1		321.4
Fire and Emergency | U.S.
Revenue and assets by geography
Identifiable assets	536.5			536.5			534.0
Commercial
Revenue and assets by geography
Identifiable assets	353.6			353.6			341.5
Net sales	185.5		167.7	362.8		339.3
Commercial | U.S.
Revenue and assets by geography
Identifiable assets	316.2			316.2			304.5
Commercial | Rest of World
Revenue and assets by geography
Identifiable assets	37.4	[1]		37.4	[1]		37.0	[1]
Corporate
Revenue and assets by geography
Identifiable assets	531.4			531.4			665.9
Corporate | U.S.
Revenue and assets by geography
Identifiable assets	524.4	[2]		524.4	[2]		658.1	[2]
Corporate | Rest of World
Revenue and assets by geography
Identifiable assets	$ 7.0			$ 7.0			$ 7.8

[1] Includes investments in unconsolidated affiliates.

[2] Primarily includes cash and short-term investments.

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Accumulated Other Comprehensive Income (Loss) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	$ (91.8)		$ (101.4)
Other comprehensive income (loss) before reclassifications	(10.0)		(1.4)
Amounts reclassified from accumulated other comprehensive income (loss)	1.0		2.0
Total other comprehensive income (loss), net of tax	(9.0)	13.3	0.6	8.1
Balance at end of period	(100.8)		(100.8)
Employee Pension and Postretirement Benefits, Net of Tax [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(98.6)		(99.6)
Other comprehensive income (loss) before reclassifications	0		0
Amounts reclassified from accumulated other comprehensive income (loss)	1.0		2.0
Total other comprehensive income (loss), net of tax	1.0		2.0
Balance at end of period	(97.6)		(97.6)
Cumulative Translation Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	6.8		(1.8)
Other comprehensive income (loss) before reclassifications	(10.0)		(1.4)
Amounts reclassified from accumulated other comprehensive income (loss)	0		0
Total other comprehensive income (loss), net of tax	(10.0)		(1.4)
Balance at end of period	$ (3.2)		$ (3.2)

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Employee Benefit Plans

6 Months Ended

Mar. 31, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

Defined Benefit Plans - Oshkosh and certain of its subsidiaries sponsor multiple defined benefit pension plans covering certain Oshkosh and Pierce Manufacturing Inc. ("Pierce") employees. The benefits provided are based primarily on average compensation, years of service and date of birth. Hourly plans are generally based on years of service and a benefit dollar multiplier. The Company periodically amends the plans, including changing the benefit dollar multipliers and other revisions. In September 2012, the Company amended its Oshkosh and Pierce defined benefit plans, freezing benefit accruals for Oshkosh and Pierce salaried employees effective December 31, 2012. The amendment provided that salaried participants in the Oshkosh and Pierce pension plans would not receive credit, other than for vesting purposes, for eligible earnings paid for any month of service worked after the effective date. All accrued benefits under the plans as of the effective date remained intact, and service credits for vesting and retirement eligibility continued in accordance with the terms of the plans. As a result of the formal decision to freeze the plans benefit accruals, net periodic benefit costs decreased significantly in fiscal 2013. The pension benefit is expected to be offset by additional employer contributions to the Company's defined contribution plan which began in January 2013.

Postretirement Medical Plans - Oshkosh and certain of its subsidiaries sponsor multiple postretirement benefit plans covering Oshkosh, JLG Industries, Inc. and Kewaunee Fabrications, LLC hourly and salaried active employees, retirees and their spouses. The plans generally provide health benefits based on years of service and date of birth. These plans are unfunded. In September 2012, the Oshkosh plan was amended to eliminate postretirement benefits coverage for salaried employees retiring at age 55 or older effective December 31, 2012, except for existing eligible employees who are at least age 55 with at least five years of service by December 31, 2012 who elect to retire on or before December 31, 2013.

Components of net periodic pension benefit cost were as follows (in millions):

	Three Months Ended						Six Months Ended
	March 31,						March 31,
	2013			2012			2013			2012
Components of net periodic benefit cost
Service cost	$	3.6		$	5.5		$	7.6		$	11.1
Interest cost	4.0			4.1			8.0			8.2
Expected return on plan assets	(4.1		)	(3.9		)	(8.3		)	(7.8		)
Amortization of prior service cost	0.4			0.6			0.9			1.2
Curtailment	1.9			—			2.8			—
Amortization of net actuarial loss	1.1			1.8			2.2			3.6
Net periodic benefit cost	$	6.9		$	8.1		$	13.2		$	16.3

In connection with staffing reductions in the defense segment as a result of declining sales to the U.S. Department of Defense ("DoD"), pension curtailment charges of $1.9 million and $2.8 million were recorded for the three and six months ended

March 31, 2013. The Company expects to contribute between $10.0 million and $15.0 million to its pension plans in fiscal 2013 compared to $35.8 million in fiscal 2012.

Components of net periodic other post-employment benefit cost were as follows (in millions):

	Three Months Ended					Six Months Ended
	March 31,					March 31,
	2013			2012		2013			2012
Components of net periodic benefit cost
Service cost	$	1.8		$	1.8	$	3.8		$	3.6
Interest cost	0.8			0.8		1.6			1.7
Amortization of prior service cost	(0.1		)	—		(0.2		)	—
Curtailment	(1.0		)	—		(1.0		)	—
Amortization of net actuarial loss	0.3			0.3		0.6			0.6
Net periodic benefit cost	$	1.8		$	2.9	$	4.8		$	5.9

In connection with staffing reductions in the defense segment, an other post-employment curtailment benefit of $1.0 million was recorded for the three and six months ended March 31, 2013. The Company made contributions to fund benefit payments of $0.8 million and $0.7 million for the six months ended March 31, 2013 and 2012, respectively, under its other post-employment benefit plans. The Company estimates that it will make additional contributions of approximately $0.8 million under these other post-employment benefit plans prior to the end of fiscal 2013.

401(k) Plans - The Company has defined contribution 401(k) plans covering substantially all domestic employees. Amounts expensed for Company matching and discretionary contributions were $8.1 million and $4.6 million for the three months ended March 31, 2013 and 2012, respectively. Amounts expensed for Company matching and discretionary contributions were $13.4 million and $9.5 million for the six months ended March 31, 2013 and 2012, respectively. The increase in defined contribution costs during fiscal 2013 was generally a result of Company contributions beginning in January 2013 to the defined benefit replacement plan.

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Receivables (Details) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011	Sep. 30, 2011
U.S. government:
Amount billed	$ 141.4		$ 141.4			$ 99.2
Cost and profits not billed	54.2		54.2			251.7
Contract receivables	195.6		195.6			350.9
Other trade receivables	749.7		749.7			633.0
Finance receivables	5.5		5.5			5.2
Notes receivable	23.9		23.9			24.6
Other receivables	33.0		33.0			35.6
Receivables, gross	1,007.7		1,007.7			1,049.3
Less allowance for doubtful accounts	(23.3)	(21.8)	(23.3)	(21.8)	(18.5)	(18.0)	(21.1)	(29.5)
Receivables, net	984.4		984.4			1,031.3
Revenue from undefinitized contract			89.8
Income (expense)	120.0	68.0	186.7	121.6
Increase in net income due to increase in revenue from undefinitized contract			2.1	(1.8)
Increase in net income per share due to increase in revenue from undefinitized contract (in dollars per share)			$ 0.02	$ (0.02)
Classification of receivables
Current receivables	970.3		970.3			1,018.6
Long-term receivables	14.1		14.1			12.7
Receivables, net	984.4		984.4			1,031.3
Undefinitization Contracts | Defense
U.S. government:
Income (expense)			$ 3.3	$ (2.8)

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Fair Value Measurement (Tables)

6 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Schedule of fair values of financial assets and liabilities

As of March 31, 2013, the fair values of the Company’s financial assets and liabilities were as follows (in millions):

	Level 1		Level 2		Level 3		Total
Assets:
Foreign currency exchange derivatives (a)	$	—	$	1.5	$	—	$	1.5
Liabilities:
Foreign currency exchange derivatives (a)	$	—	$	0.4	$	—	$	0.4

_________________________

^(a)  Based on observable market transactions of forward currency prices.

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Business Segment Information (Details)	6 Months Ended
	Mar. 31, 2013 segment
Segment Reporting [Abstract]
Number of reportable segments of entity (in segments)	4

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Goodwill and Purchased Intangible Assets (Tables)

6 Months Ended

Mar. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in goodwill

The following table presents changes in goodwill during the six months ended March 31, 2013 (in millions):

	Access Equipment			Fire & Emergency		Commercial			Total
Net goodwill at September 30, 2012	$	906.1		$	106.1	$	21.6		$	1,033.8
Foreign currency translation	(0.5		)	—		(0.1		)	(0.6		)
Net goodwill at March 31, 2013	$	905.6		$	106.1	$	21.5		$	1,033.2

Schedule of company's goodwill allocated to the reportable segments

The following table presents details of the Company’s goodwill allocated to the reportable segments (in millions):

	March 31, 2013							September 30, 2012
	Gross		Accumulated Impairment			Net		Gross		Accumulated Impairment			Net
Access equipment	$	1,837.7	$	(932.1	)	$	905.6	$	1,838.2	$	(932.1	)	$	906.1
Fire & emergency	114.3		(8.2		)	106.1		114.3		(8.2		)	106.1
Commercial	197.4		(175.9		)	21.5		197.5		(175.9		)	21.6
	$	2,149.4	$	(1,116.2	)	$	1,033.2	$	2,150.0	$	(1,116.2	)	$	1,033.8

Schedule of purchased intangible assets

Details of the Company’s total purchased intangible assets were as follows (in millions):

	March 31, 2013
	Weighted- Average Life	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Distribution network	39.1	$	55.4	$	(22.9	)	$	32.5
Non-compete	10.5	56.3		(56.0		)	0.3
Technology-related	11.9	104.3		(62.5		)	41.8
Customer relationships	12.7	562.1		(286.2		)	275.9
Other	16.6	16.6		(13.1		)	3.5
	14.4	794.7		(440.7		)	354.0
Non-amortizable trade names		396.2		—			396.2
		$	1,190.9	$	(440.7	)	$	750.2

	September 30, 2012
	Weighted- Average Life	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Distribution network	39.1	$	55.4	$	(22.2	)	$	33.2
Non-compete	10.5	56.9		(55.5		)	1.4
Technology-related	12.0	100.9		(58.4		)	42.5
Customer relationships	12.7	563.8		(265.5		)	298.3
Other	16.5	16.6		(12.8		)	3.8
	14.4	793.6		(414.4		)	379.2
Non-amortizable trade names		396.2		—			396.2
		$	1,189.8	$	(414.4	)	$	775.4

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Receivables (Details 3) (Notes receivables, Credit Concentration)	3 Months Ended
	Mar. 31, 2013 Party
Notes receivables | Credit Concentration
Finance and notes receivables
Receivables due from third parties (as a percent)	93.00%
Number of parties	2

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Stock-Based Compensation (Details) (USD $) In Millions, except Share data, unless otherwise specified	1 Months Ended	3 Months Ended		6 Months Ended		1 Months Ended	6 Months Ended
	Feb. 28, 2009 Plan	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012	Jan. 31, 2012 2009 Stock Plan Stock Options [Member]	Mar. 31, 2013 2009 Stock Plan Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award
Number of additional shares authorized under the plan (in shares)						6,000,000
Number of outstanding plans as of approval date of the 2009 Stock Plan (in plans)	2
Period over which awards are exercisable in equal installments, beginning with the first anniversary of the date of grant of awards (in years)							3 years
Tenure of award (in years)							7 years
Common stock reserved for issuance stock awards (in shares)							9,944,976
Stock-based compensation expense		$ 12.3	$ 5.8	$ 18.7	$ 10.2
Stock-based compensation expense, net of tax		$ 7.8	$ 3.7	$ 11.9	$ 6.5

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Guarantee Arrangements (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Customer obligation guarantees
Guarantee Obligations
Guarantee obligations, maximum exposure	$ 365.7		$ 365.7
Aggregate amount of indebtedness which the Company is a party to through guarantee agreements	89.2		89.2
Changes in provision for loss on customer guarantees
Balance at beginning of period	4.7	4.7	5.0	6.5
Provision for new credit guarantees	0.4	0.5	0.4	0.7
Settlements made	0	0	(0.1)	(0.5)
Changes for pre-existing guarantees, net	(0.2)	(0.6)	(0.3)	(1.7)
Amortization of previous guarantees	(0.1)	(0.1)	(0.2)	(0.5)
Foreign currency translation	0	0.1	0	0.1
Balance at end of period	4.8	4.6	4.8	4.6
Loss pool agreements
Guarantee Obligations
Aggregate amount of indebtedness which the Company is a party to through guarantee agreements	$ 128.0		$ 128.0

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Business Segment Information (Tables)

6 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Schedule of net sales by product lines and reportable segments

Selected financial information concerning the Company’s reportable segments and product lines is as follows (in millions):

	Three Months Ended March 31,
	2013								2012
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Access equipment
Aerial work platforms	$	379.3	$	—		$	379.3		$	388.3	$	—		$	388.3
Telehandlers	307.4		—			307.4			239.9		—			239.9
Other	130.7		—			130.7			131.2		1.0			132.2
Total access equipment	817.4		—			817.4			759.4		1.0			760.4
Defense	826.7		0.9			827.6			986.5		0.8			987.3
Fire & emergency	161.8		12.2			174.0			157.7		10.8			168.5
Commercial
Concrete placement	92.2		—			92.2			52.7		—			52.7
Refuse collection	61.3		—			61.3			79.7		—			79.7
Other	25.0		7.0			32.0			26.3		9.0			35.3
Total commercial	178.5		7.0			185.5			158.7		9.0			167.7
Intersegment eliminations	—		(20.1		)	(20.1		)	—		(21.6		)	(21.6		)
Consolidated sales	$	1,984.4	$	—		$	1,984.4		$	2,062.3	$	—		$	2,062.3

	Six Months Ended March 31,
	2013								2012
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Access equipment
Aerial work platforms	$	631.5	$	—		$	631.5		$	633.6	$	—		$	633.6
Telehandlers	514.3		—			514.3			382.6		—			382.6
Other	252.8		0.1			252.9			248.3		123.6			371.9
Total access equipment	1,398.6		0.1			1,398.7			1,264.5		123.6			1,388.1
Defense	1,654.5		1.8			1,656.3			2,036.7		1.6			2,038.3
Fire & emergency	333.2		22.9			356.1			305.9		15.5			321.4
Commercial
Concrete placement	155.5		—			155.5			99.4		—			99.4
Refuse collection	142.1		—			142.1			175.0		—			175.0
Other	50.3		14.9			65.2			49.3		15.6			64.9
Total commercial	347.9		14.9			362.8			323.7		15.6			339.3
Intersegment eliminations	—		(39.7		)	(39.7		)	—		(156.3		)	(156.3		)
Consolidated sales	$	3,734.2	$	—		$	3,734.2		$	3,930.8	$	—		$	3,930.8

Schedule of income (loss) from continuing operations by product lines and reportable segments

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Operating income (loss) from continuing operations:
Access equipment	$	95.0		$	68.4		$	143.9		$	81.5
Defense	67.0			41.9			127.9			134.3
Fire & emergency	2.7			(3.0		)	8.1			(9.3		)
Commercial	7.6			3.9			15.6			10.8
Corporate	(37.9		)	(27.0		)	(80.6		)	(54.1		)
Intersegment eliminations	0.2			(0.1		)	—			—
Consolidated	134.6			84.1			214.9			163.2
Interest expense net of interest income	(14.7		)	(17.4		)	(28.6		)	(37.3		)
Miscellaneous other income (expense)	0.1			1.3			0.4			(4.3		)
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	$	120.0		$	68.0		$	186.7		$	121.6

Schedule of identifiable assets by business segments and by geographical segments

	March 31,		September 30,
	2013		2012
Identifiable assets:
Access equipment:
U.S.	$	1,816.2	$	1,754.6
Europe (a)	702.1		684.2
Rest of World	240.1		283.1
Total access equipment	2,758.4		2,721.9
Defense - U.S.	694.7		684.5
Fire & emergency - U.S.	536.5		534.0
Commercial:
U.S.	316.2		304.5
Rest of World (a)	37.4		37.0
Total commercial	353.6		341.5
Corporate:
U.S. (b)	524.4		658.1
Rest of World	7.0		7.8
Total corporate	531.4		665.9
Consolidated	$	4,874.6	$	4,947.8

_________________________

(a) Includes investments in unconsolidated affiliates.

(b) Primarily includes cash and short-term investments.

Schedule of net sales by geographical segments

The following table presents net sales by geographic region based on product shipment destination (in millions):

	Six Months Ended March 31,
	2013		2012
Net sales:
United States	$	3,016.2	$	3,149.5
Other North America	116.5		109.3
Europe, Africa and Middle East	366.7		421.2
Rest of World	234.8		250.8
Consolidated	$	3,734.2	$	3,930.8

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Basis of Presentation

6 Months Ended

Mar. 31, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

Basis of Presentation

In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements contain all adjustments (which include normal recurring adjustments, unless otherwise noted) necessary to present fairly the financial position, results of operations and cash flows for the periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States have been condensed or omitted pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). These Condensed Consolidated Financial Statements should be read in conjunction with the audited financial statements and notes thereto included in Oshkosh Corporation and its subsidiaries (the “Company”) Annual Report on Form 10-K for the year ended September 30, 2012. "Oshkosh" refers to Oshkosh Corporation, not including its subsidiaries. The interim results are not necessarily indicative of results for the full year.

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Oshkosh Corporation Shareholders' Equity (Details) (USD $) In Millions, except Share data, unless otherwise specified	0 Months Ended	3 Months Ended
	Oct. 25, 2012 rights	Mar. 31, 2013	Nov. 15, 2012	Sep. 30, 2012	Jul. 31, 2012	Jul. 31, 1995
Stockholders' Equity Note [Abstract]
Stock purchase right, number of rights per share of common stock	1
Number of shares of common stock authorized for buyback (in shares)			11,000,000		4,000,000	6,000,000
Remaining number of shares authorized to be repurchased (in shares)		6,749,928		6,683,825
Repurchase of common stock (in shares)		4,250,072
Repurchase of common stock		$ 125.1

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Restructuring and Other Charges (Tables)

6 Months Ended

Mar. 31, 2013

Restructuring and Related Activities [Abstract]

Schedule of pre-tax restructuring charges

Pre-tax restructuring charges (credits) included in continuing operations for the three and six months ended March 31, 2013 and 2012 were as follows (in millions):

	Three Months Ended March 31, 2013								Three Months Ended March 31, 2012
	Cost of Sales			Selling, General and Administrative		Total			Cost of Sales			Selling, General and Administrative		Total
Access equipment	$	(0.2	)	$	—	$	(0.2	)	$	(0.1	)	$	—	$	(0.1	)
Defense	0.5			—		0.5			—			—		—
Fire & emergency	—			—		—			0.2			0.2		0.4
Commercial	—			—		—			0.1			—		0.1
	$	0.3		$	—	$	0.3		$	0.2		$	0.2	$	0.4

	Six Months Ended March 31, 2013								Six Months Ended March 31, 2012
	Cost of Sales			Selling, General and Administrative		Total			Cost of Sales			Selling, General and Administrative		Total
Access equipment	$	(0.2	)	$	—	$	(0.2	)	$	(0.6	)	$	—	$	(0.6	)
Defense	0.5			—		0.5			—			—		—
Fire & emergency	—			—		—			0.2			0.3		0.5
Commercial	—			—		—			0.1			—		0.1
	$	0.3		$	—	$	0.3		$	(0.3	)	$	0.3	$	—

Schedule of changes in the restructuring reserves, included within other current liabilities

Changes in the Company’s restructuring reserves, included within “Other current liabilities” in the Condensed Consolidated Balance Sheets, were as follows (in millions):

	Employee Severance and Termination Benefits
Balance at September 30, 2012	$	1.9
Restructuring provisions	0.3
Utilized - cash	(0.1		)
Foreign currency translation	0.1
Balance at March 31, 2013	$	2.2

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Contingencies, Significant Estimates and Concentrations

6 Months Ended

Mar. 31, 2013

Commitments and Contingencies Disclosure [Abstract]

Contingencies, Significant Estimates and Concentrations

Contingencies, Significant Estimates and Concentrations

Environmental - As part of its routine business operations, the Company disposes of and recycles or reclaims certain industrial waste materials, chemicals and solvents at third-party disposal and recycling facilities, which are licensed by appropriate governmental agencies. In some instances, these facilities have been and may be designated by the United States Environmental Protection Agency (“EPA”) or a state environmental agency for remediation. Under the Comprehensive Environmental Response, Compensation, and Liability Act and similar state laws, each potentially responsible party (“PRP”) that contributed hazardous substances may be jointly and severally liable for the costs associated with cleaning up these sites. Typically, PRPs negotiate a resolution with the EPA and/or the state environmental agencies. PRPs also negotiate with each other regarding allocation of the cleanup costs.

The Company had reserves of $1.9 million and $2.0 million for losses related to environmental matters that were probable and estimable at March 31, 2013 and September 30, 2012, respectively. The amount recorded for identified contingent liabilities is based on estimates. Amounts recorded are reviewed periodically and adjusted to reflect additional technical and legal information that becomes available. Actual costs incurred in future periods may vary from the estimates, given the inherent uncertainties in evaluating certain exposures. Subject to the imprecision in estimating future contingent liability costs, the Company does not expect that any sum it may have to pay in connection with these matters in excess of the amounts recorded will have a material adverse effect on the Company’s financial position, results of operations or cash flows.

Personal Injury Actions and Other - Product and general liability claims are made against the Company from time to time in the ordinary course of business. The Company is generally self-insured for future claims up to $3.0 million per claim. Accordingly, a reserve is maintained for the estimated costs of such claims. At March 31, 2013 and September 30, 2012, reserves for product and general liability claims were $43.9 million and $45.6 million, respectively, based on available information. There is inherent uncertainty as to the eventual resolution of unsettled claims. Management, however, believes that any losses in excess of established reserves will not have a material adverse effect on the Company’s financial condition, results of operations or cash flows.

Market Risks - The Company was contingently liable under bid, performance and specialty bonds totaling $244.1 million and open standby letters of credit issued by the Company’s banks in favor of third parties totaling $186.5 million at March 31, 2013.

Other Matters - The Company is subject to other environmental matters and legal proceedings and claims, including patent, antitrust, product liability, warranty and state dealership regulation compliance proceedings that arise in the ordinary course of business. Although the final results of all such matters and claims cannot be predicted with certainty, management believes that the ultimate resolution of all such matters and claims will not have a material adverse effect on the Company’s financial condition, results of operations or cash flows. Actual results could vary due to, among other things, the uncertainties involved in litigation.

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Earnings (Loss) Per Share

6 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Earnings (Loss) Per Share

Net income (loss) attributable to Oshkosh Corporation common shareholders was as follows (in millions):

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Net income from continuing operations	$	85.9		$	42.9		$	132.2		$	84.4
Less: net earnings allocated to participating securities	(0.5		)	(0.1		)	(0.8		)	(0.2		)
Net income available to Oshkosh Corporation common shareholders	$	85.4		$	42.8		$	131.4		$	84.2
Net income (loss) from discontinued operations	$	0.6		$	(5.6	)	$	0.8		$	(8.2	)

Basic and diluted weighted-average shares used in the denominator of the per share calculations was as follows:

	Three Months Ended March 31,		Six Months Ended March 31,
	2013	2012	2013	2012
Basic weighted-average shares outstanding	87,112,173	91,359,575	88,706,133	91,272,488
Effect of dilutive stock options and equity-based compensation awards	1,454,176	583,987	1,315,578	557,472
Diluted weighted-average shares outstanding	88,566,349	91,943,562	90,021,711	91,829,960

Options to purchase 1,132,150 shares and 1,168,850 shares of Common Stock were outstanding during the three and six months ended March 31, 2013, respectively, but were not included in the computation of diluted earnings per share attributable to Oshkosh Corporation common shareholders because the exercise price of the options was greater than the average market price of the shares of Common Stock and therefore would have been anti-dilutive. Options to purchase 3,097,327 shares of Common Stock were outstanding during the three and six months ended March 31, 2012, but were not included in the computation of diluted earnings per share attributable to Oshkosh Corporation common shareholders because the exercise price of the options was greater than the average market price of the shares of Common Stock and therefore would have been anti-dilutive.

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Goodwill and Purchased Intangible Assets (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013
Changes in goodwill
Net goodwill at the beginning of the period	$ 1,033.8
Foreign currency translation	(0.6)
Net goodwill at the end of the period	1,033.2
Access Equipment
Changes in goodwill
Net goodwill at the beginning of the period	906.1
Foreign currency translation	(0.5)
Net goodwill at the end of the period	905.6
Fire and Emergency
Changes in goodwill
Net goodwill at the beginning of the period	106.1
Foreign currency translation	0
Net goodwill at the end of the period	106.1
Commercial
Changes in goodwill
Net goodwill at the beginning of the period	21.6
Foreign currency translation	(0.1)
Net goodwill at the end of the period	$ 21.5

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Employee Benefit Plans (Tables)

6 Months Ended

Mar. 31, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Schedule of net periodic benefit cost

Components of net periodic pension benefit cost were as follows (in millions):

	Three Months Ended						Six Months Ended
	March 31,						March 31,
	2013			2012			2013			2012
Components of net periodic benefit cost
Service cost	$	3.6		$	5.5		$	7.6		$	11.1
Interest cost	4.0			4.1			8.0			8.2
Expected return on plan assets	(4.1		)	(3.9		)	(8.3		)	(7.8		)
Amortization of prior service cost	0.4			0.6			0.9			1.2
Curtailment	1.9			—			2.8			—
Amortization of net actuarial loss	1.1			1.8			2.2			3.6
Net periodic benefit cost	$	6.9		$	8.1		$	13.2		$	16.3

Components of net periodic other post-employment benefit cost were as follows (in millions):

	Three Months Ended					Six Months Ended
	March 31,					March 31,
	2013			2012		2013			2012
Components of net periodic benefit cost
Service cost	$	1.8		$	1.8	$	3.8		$	3.6
Interest cost	0.8			0.8		1.6			1.7
Amortization of prior service cost	(0.1		)	—		(0.2		)	—
Curtailment	(1.0		)	—		(1.0		)	—
Amortization of net actuarial loss	0.3			0.3		0.6			0.6
Net periodic benefit cost	$	1.8		$	2.9	$	4.8		$	5.9

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Business Segment Information

6 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Business Segment Information

Business Segment Information

The Company is organized into four reportable segments based on the internal organization used by management for making operating decisions and measuring performance and based on the similarity of customers served, common management, common use of facilities and economic results attained.

In accordance with FASB ASC Topic 280, Segment Reporting, for purposes of business segment performance measurement, the Company does not allocate to individual business segments costs or items that are of a non-operating nature or organizational or functional expenses of a corporate nature. The caption “Corporate” includes corporate office expenses, share-based compensation, costs of certain business initiatives and shared services benefiting multiple segments and results of insignificant operations. Identifiable assets of the business segments exclude general corporate assets, which principally consist of cash and cash equivalents, certain property, plant and equipment and certain other assets pertaining to corporate activities. Intersegment sales generally include amounts invoiced by a segment for work performed for another segment. Amounts are based on actual work performed and agreed-upon pricing which is intended to be reflective of the contribution made by the supplying business segment.

Selected financial information concerning the Company’s reportable segments and product lines is as follows (in millions):

	Three Months Ended March 31,
	2013								2012
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Access equipment
Aerial work platforms	$	379.3	$	—		$	379.3		$	388.3	$	—		$	388.3
Telehandlers	307.4		—			307.4			239.9		—			239.9
Other	130.7		—			130.7			131.2		1.0			132.2
Total access equipment	817.4		—			817.4			759.4		1.0			760.4
Defense	826.7		0.9			827.6			986.5		0.8			987.3
Fire & emergency	161.8		12.2			174.0			157.7		10.8			168.5
Commercial
Concrete placement	92.2		—			92.2			52.7		—			52.7
Refuse collection	61.3		—			61.3			79.7		—			79.7
Other	25.0		7.0			32.0			26.3		9.0			35.3
Total commercial	178.5		7.0			185.5			158.7		9.0			167.7
Intersegment eliminations	—		(20.1		)	(20.1		)	—		(21.6		)	(21.6		)
Consolidated sales	$	1,984.4	$	—		$	1,984.4		$	2,062.3	$	—		$	2,062.3

	Six Months Ended March 31,
	2013								2012
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Access equipment
Aerial work platforms	$	631.5	$	—		$	631.5		$	633.6	$	—		$	633.6
Telehandlers	514.3		—			514.3			382.6		—			382.6
Other	252.8		0.1			252.9			248.3		123.6			371.9
Total access equipment	1,398.6		0.1			1,398.7			1,264.5		123.6			1,388.1
Defense	1,654.5		1.8			1,656.3			2,036.7		1.6			2,038.3
Fire & emergency	333.2		22.9			356.1			305.9		15.5			321.4
Commercial
Concrete placement	155.5		—			155.5			99.4		—			99.4
Refuse collection	142.1		—			142.1			175.0		—			175.0
Other	50.3		14.9			65.2			49.3		15.6			64.9
Total commercial	347.9		14.9			362.8			323.7		15.6			339.3
Intersegment eliminations	—		(39.7		)	(39.7		)	—		(156.3		)	(156.3		)
Consolidated sales	$	3,734.2	$	—		$	3,734.2		$	3,930.8	$	—		$	3,930.8

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Operating income (loss) from continuing operations:
Access equipment	$	95.0		$	68.4		$	143.9		$	81.5
Defense	67.0			41.9			127.9			134.3
Fire & emergency	2.7			(3.0		)	8.1			(9.3		)
Commercial	7.6			3.9			15.6			10.8
Corporate	(37.9		)	(27.0		)	(80.6		)	(54.1		)
Intersegment eliminations	0.2			(0.1		)	—			—
Consolidated	134.6			84.1			214.9			163.2
Interest expense net of interest income	(14.7		)	(17.4		)	(28.6		)	(37.3		)
Miscellaneous other income (expense)	0.1			1.3			0.4			(4.3		)
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	$	120.0		$	68.0		$	186.7		$	121.6

	March 31,		September 30,
	2013		2012
Identifiable assets:
Access equipment:
U.S.	$	1,816.2	$	1,754.6
Europe (a)	702.1		684.2
Rest of World	240.1		283.1
Total access equipment	2,758.4		2,721.9
Defense - U.S.	694.7		684.5
Fire & emergency - U.S.	536.5		534.0
Commercial:
U.S.	316.2		304.5
Rest of World (a)	37.4		37.0
Total commercial	353.6		341.5
Corporate:
U.S. (b)	524.4		658.1
Rest of World	7.0		7.8
Total corporate	531.4		665.9
Consolidated	$	4,874.6	$	4,947.8

_________________________

(a) Includes investments in unconsolidated affiliates.

(b) Primarily includes cash and short-term investments.

The following table presents net sales by geographic region based on product shipment destination (in millions):

	Six Months Ended March 31,
	2013		2012
Net sales:
United States	$	3,016.2	$	3,149.5
Other North America	116.5		109.3
Europe, Africa and Middle East	366.7		421.2
Rest of World	234.8		250.8
Consolidated	$	3,734.2	$	3,930.8

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Separate Financial Information of Subsidiary Guarantors of Indebtedness

6 Months Ended

Mar. 31, 2013

Separate Financial Information of Subsidiary Guarantors of Indebtedness Disclosure Abstract

Separate Financial Information of Subsidiary Guarantors of Indebtedness

Separate Financial Information of Subsidiary Guarantors of Indebtedness

The Senior Notes are jointly, severally and unconditionally guaranteed on a senior unsecured basis by all of the Company’s existing and future subsidiaries that from time to time guarantee obligations under the Credit Agreement, with certain exceptions (the “Guarantors”). The following condensed supplemental consolidating financial information reflects the summarized financial information of Oshkosh Corporation, the Guarantors on a combined basis and Oshkosh Corporation's non-guarantor subsidiaries on a combined basis (in millions):

Condensed Consolidating Statement of Income

For the Three Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	863.3		$	908.0		$	250.5		$	(37.4	)	$	1,984.4
Cost of sales	771.2			723.2			224.0			(37.4		)	1,681.0
Gross income	92.1			184.8			26.5			—			303.4
Selling, general and administrative expenses	64.0			82.8			7.5			—			154.3
Amortization of purchased intangibles	—			10.0			4.5			—			14.5
Operating income	28.1			92.0			14.5			—			134.6
Interest expense	(50.7		)	(14.0		)	(0.8		)	49.1			(16.4		)
Interest income	0.6			9.1			41.1			(49.1		)	1.7
Miscellaneous, net	12.2			(37.4		)	25.3			—			0.1
Income (loss) from continuing operations before income taxes	(9.8		)	49.7			80.1			—			120.0
Provision for (benefit from) income taxes	(3.0		)	15.4			22.4			—			34.8
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(6.8		)	34.3			57.7			—			85.2
Equity in earnings of consolidated subsidiaries	93.3			28.5			34.8			(156.6		)	—
Equity in earnings (losses) of unconsolidated affiliates	—			—			0.7			—			0.7
Income from continuing operations	86.5			62.8			93.2			(156.6		)	85.9
Discontinued operations, net of tax	—			0.6			—			—			0.6
Net income	86.5			63.4			93.2			(156.6		)	86.5
Net income attributable to the noncontrolling interest	—			—			—			—			—
Net income attributable to Oshkosh Corporation	$	86.5		$	63.4		$	93.2		$	(156.6	)	$	86.5

Condensed Consolidating Statement of Income

For the Three Months Ended March 31, 2012

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	1,016.0		$	847.4		$	249.6		$	(50.7	)	$	2,062.3
Cost of sales	944.7			698.5			225.0			(50.0		)	1,818.2
Gross income	71.3			148.9			24.6			(0.7		)	244.1
Selling, general and administrative expenses	56.3			45.0			44.1			—			145.4
Amortization of purchased intangibles	—			10.0			4.6			—			14.6
Operating income	15.0			93.9			(24.1		)	(0.7		)	84.1
Interest expense	(45.8		)	(19.7		)	(1.2		)	48.7			(18.0		)
Interest income	0.6			7.6			41.1			(48.7		)	0.6
Miscellaneous, net	2.8			(56.2		)	54.7			—			1.3
Income (loss) from continuing operations before income taxes	(27.4		)	25.6			70.5			(0.7		)	68.0
Provision for (benefit from) income taxes	(6.2		)	7.4			23.5			(0.3		)	24.4
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(21.2		)	18.2			47.0			(0.4		)	43.6
Equity in earnings of consolidated subsidiaries	58.7			28.5			20.2			(107.4		)	—
Equity in earnings (losses) of unconsolidated affiliates	(0.2		)	—			0.2			—			—
Income from continuing operations	37.3			46.7			67.4			(107.8		)	43.6
Discontinued operations, net of tax	—			(5.2		)	(0.4		)	—			(5.6		)
Net income	37.3			41.5			67.0			(107.8		)	38.0
Net income attributable to the noncontrolling interest	—			—			(0.7		)	—			(0.7		)
Net income attributable to Oshkosh Corporation	$	37.3		$	41.5		$	66.3		$	(107.8	)	$	37.3

Condensed Consolidating Statement of Income

For the Six Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	1,721.7		$	1,639.5		$	440.7		$	(67.7	)	$	3,734.2
Cost of sales	1,540.4			1,320.3			391.7			(67.6		)	3,184.8
Gross income	181.3			319.2			49.0			(0.1		)	549.4
Selling, general and administrative expenses	135.8			156.8			13.0			—			305.6
Amortization of purchased intangibles	0.1			19.9			8.9			—			28.9
Operating income	45.4			142.5			27.1			(0.1		)	214.9
Interest expense	(101.5		)	(28.0		)	(1.9		)	98.6			(32.8		)
Interest income	1.2			19.1			82.5			(98.6		)	4.2
Miscellaneous, net	21.3			(65.1		)	44.2			—			0.4
Income (loss) from continuing operations before income taxes	(33.6		)	68.5			151.9			(0.1		)	186.7
Provision for (benefit from) income taxes	(10.4		)	21.3			44.9			—			55.8
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(23.2		)	47.2			107.0			(0.1		)	130.9
Equity in earnings of consolidated subsidiaries	156.2			45.5			46.6			(248.3		)	—
Equity in earnings (losses) of unconsolidated affiliates	—			—			1.3			—			1.3
Income from continuing operations	133.0			92.7			154.9			(248.4		)	132.2
Discontinued operations, net of tax	—			0.8			—			—			0.8
Net income	133.0			93.5			154.9			(248.4		)	133.0
Net income attributable to the noncontrolling interest	—			—			—			—			—
Net income attributable to Oshkosh Corporation	$	133.0		$	93.5		$	154.9		$	(248.4	)	$	133.0

Condensed Consolidating Statement of Income

For the Six Months Ended March 31, 2012

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	2,086.8		$	1,582.1		$	462.1		$	(200.2	)	$	3,930.8
Cost of sales	1,895.4			1,355.4			410.4			(199.4		)	3,461.8
Gross income	191.4			226.7			51.7			(0.8		)	469.0
Selling, general and administrative expenses	110.9			84.1			81.5			—			276.5
Amortization of purchased intangibles	0.1			20.0			9.2			—			29.3
Operating income	80.4			122.6			(39.0		)	(0.8		)	163.2
Interest expense	(93.9		)	(39.1		)	(2.2		)	96.7			(38.5		)
Interest income	1.1			15.1			81.7			(96.7		)	1.2
Miscellaneous, net	4.9			(91.2		)	82.0			—			(4.3		)
Income (loss) from continuing operations before income taxes	(7.5		)	7.4			122.5			(0.8		)	121.6
Provision for (benefit from) income taxes	(2.0		)	1.5			37.6			(0.3		)	36.8
Income (loss) from continuing operations before equity in earnings (losses) of affiliates	(5.5		)	5.9			84.9			(0.5		)	84.8
Equity in earnings of consolidated subsidiaries	81.9			48.9			13.7			(144.5		)	—
Equity in earnings (losses) of unconsolidated affiliates	(0.2		)	—			0.9			—			0.7
Income from continuing operations	76.2			54.8			99.5			(145.0		)	85.5
Discontinued operations, net of tax	—			(7.7		)	(0.5		)	—			(8.2		)
Net income	76.2			47.1			99.0			(145.0		)	77.3
Net income attributable to the noncontrolling interest	—			—			(1.1		)	—			(1.1		)
Net income attributable to Oshkosh Corporation	$	76.2		$	47.1		$	97.9		$	(145.0	)	$	76.2

Condensed Consolidating Statement of Comprehensive Income

For the Three Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	86.5		$	63.4	$	93.2		$	(156.6	)	$	86.5
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	—			—		—			—			—
Employee pension and postretirement benefits	1.0			—		—			—			1.0
Currency translation adjustments	(10.0		)	0.1		(10.1		)	10.0			(10.0		)
Total other comprehensive income (loss), net of tax	(9.0		)	0.1		(10.1		)	10.0			(9.0		)
Comprehensive income	77.5			63.5		83.1			(146.6		)	77.5
Comprehensive (income) loss attributable to noncontrolling interest	—			—		—			—			—
Comprehensive income attributable to Oshkosh Corporation	$	77.5		$	63.5	$	83.1		$	(146.6	)	$	77.5

Condensed Consolidating Statement of Comprehensive Income

For the Three Months Ended March 31, 2012

	Oshkosh Corporation		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	37.3	$	41.5	$	67.0		$	(107.8	)	$	38.0
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	—		—		—			—			—
Employee pension and postretirement benefits	1.5		—		—			—			1.5
Currency translation adjustments	11.8		0.4		11.4			(11.8		)	11.8
Total other comprehensive income (loss), net of tax	13.3		0.4		11.4			(11.8		)	13.3
Comprehensive income	50.6		41.9		78.4			(119.6		)	51.3
Comprehensive (income) loss attributable to noncontrolling interest	—		—		(0.7		)	—			(0.7		)
Comprehensive income attributable to Oshkosh Corporation	$	50.6	$	41.9	$	77.7		$	(119.6	)	$	50.6

Condensed Consolidating Statement of Comprehensive Income

For the Six Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	133.0		$	93.5	$	154.9		$	(248.4	)	$	133.0
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	—			—		—			—			—
Employee pension and postretirement benefits	2.0			—		—			—			2.0
Currency translation adjustments	(1.4		)	0.1		(1.5		)	1.4			(1.4		)
Total other comprehensive income (loss), net of tax	0.6			0.1		(1.5		)	1.4			0.6
Comprehensive income	133.6			93.6		153.4			(247.0		)	133.6
Comprehensive (income) loss attributable to noncontrolling interest	—			—		—			—			—
Comprehensive income attributable to Oshkosh Corporation	$	133.6		$	93.6	$	153.4		$	(247.0	)	$	133.6

Condensed Consolidating Statement of Comprehensive Income

For the Six Months Ended March 31, 2012

	Oshkosh Corporation		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	76.2	$	47.1	$	99.0		$	(145.0	)	$	77.3
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	1.4		—		—			—			1.4
Employee pension and postretirement benefits	3.0		—		—			—			3.0
Currency translation adjustments	3.7		2.6		1.1			(3.7		)	3.7
Total other comprehensive income (loss), net of tax	8.1		2.6		1.1			(3.7		)	8.1
Comprehensive income	84.3		49.7		100.1			(148.7		)	85.4
Comprehensive (income) loss attributable to noncontrolling interest	—		—		(1.1		)	—			(1.1		)
Comprehensive income attributable to Oshkosh Corporation	$	84.3	$	49.7	$	99.0		$	(148.7	)	$	84.3

Condensed Consolidating Balance Sheet

As of March 31, 2013

	Oshkosh Corporation		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	418.5	$	9.9		$	23.9	$	—		$	452.3
Receivables, net	322.0		513.6			173.9		(39.2		)	970.3
Inventories, net	395.8		424.4			241.9		(1.4		)	1,060.7
Other current assets	105.5		47.5			22.3		0.4			175.7
Total current assets	1,241.8		995.4			462.0		(40.2		)	2,659.0
Investment in and advances to consolidated subsidiaries	2,365.5		(1,115.5		)	3,407.9		(4,657.9		)	—
Intangible assets, net	2.3		1,090.7			690.4		—			1,783.4
Other long-term assets	146.3		148.8			137.1		—			432.2
Total assets	$	3,755.9	$	1,119.4		$	4,697.4	$	(4,698.1	)	$	4,874.6
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$	286.3	$	301.3		$	104.7	$	(32.8	)	$	659.5
Customer advances	329.2		196.8			3.1		—			529.1
Other current liabilities	157.1		190.9			85.4		(7.4		)	426.0
Total current liabilities	772.6		689.0			193.2		(40.2		)	1,614.6
Long-term debt, less current maturities	922.5		—			—		—			922.5
Other long-term liabilities	173.1		132.8			143.9		—			449.8
Shareholders' equity	1,887.7		297.6			4,360.3		(4,657.9		)	1,887.7
Total liabilities and shareholders' equity	$	3,755.9	$	1,119.4		$	4,697.4	$	(4,698.1	)	$	4,874.6

Condensed Consolidating Balance Sheet

As of September 30, 2012

	Oshkosh Corporation		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	500.0	$	5.5		$	35.2	$	—		$	540.7
Receivables, net	388.0		487.5			177.3		(34.2		)	1,018.6
Inventories, net	284.3		415.7			239.3		(1.8		)	937.5
Other current assets	129.2		47.9			20.6		—			197.7
Total current assets	1,301.5		956.6			472.4		(36.0		)	2,694.5
Investment in and advances to consolidated subsidiaries	2,358.1		(1,182.9		)	3,235.8		(4,411.0		)	—
Intangible assets, net	2.5		1,110.4			696.3		—			1,809.2
Other long-term assets	154.7		156.8			132.6		—			444.1
Total assets	$	3,816.8	$	1,040.9		$	4,537.1	$	(4,447.0	)	$	4,947.8
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$	326.2	$	288.9		$	96.7	$	(28.5	)	$	683.3
Customer advances	315.4		190.5			4.5		—			510.4
Other current liabilities	213.6		220.2			84.5		(7.5		)	510.8
Total current liabilities	855.2		699.6			185.7		(36.0		)	1,704.5
Long-term debt, less current maturities	955.0		—			—		—			955.0
Other long-term liabilities	153.1		137.3			144.4		—			434.8
Shareholders' equity	1,853.5		204.0			4,207.0		(4,411.0		)	1,853.5
Total liabilities and shareholders' equity	$	3,816.8	$	1,040.9		$	4,537.1	$	(4,447.0	)	$	4,947.8

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended March 31, 2013

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net cash provided (used) by operating activities	$	(114.1	)	$	33.4		$	125.1		$	—		$	44.4
Investing activities:
Additions to property, plant and equipment	(5.7		)	(5.3		)	(4.4		)	—			(15.4		)
Additions to equipment held for rental	—			—			(10.1		)	—			(10.1		)
Intercompany investing	147.5			(10.7		)	(122.0		)	(14.8		)	—
Other investing activities	—			—			0.6			—			0.6
Net cash provided (used) by investing activities	141.8			(16.0		)	(135.9		)	(14.8		)	(24.9		)
Financing activities:
Repayment of long-term debt	—			—			—			—			—
Repurchase of common stock	(125.1		)	—			—			—			(125.1		)
Proceeds from exercise of stock options	15.7			—			—			—			15.7
Intercompany financing	(0.6		)	(13.0		)	(1.2		)	14.8			—
Other financing activities	0.8			—			—			—			0.8
Net cash provided (used) by financing activities	(109.2		)	(13.0		)	(1.2		)	14.8			(108.6		)
Effect of exchange rate changes on cash	—			—			0.7			—			0.7
Increase (decrease) in cash and cash equivalents	(81.5		)	4.4			(11.3		)	—			(88.4		)
Cash and cash equivalents at beginning of period	500.0			5.5			35.2			—			540.7
Cash and cash equivalents at end of period	$	418.5		$	9.9		$	23.9		$	—		$	452.3

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended March 31, 2012

	Oshkosh Corporation			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net cash provided (used) by operating activities	$	(40.1	)	$	(16.7	)	$	103.7		$	—		$	46.9
Investing activities:
Additions to property, plant and equipment	(12.0		)	(7.7		)	(4.4		)	—			(24.1		)
Additions to equipment held for rental	—			—			(3.1		)	—			(3.1		)
Intercompany investing	81.2			28.7			(96.9		)	(13.0		)	—
Other investing activities	5.2			1.0			1.6			—			7.8
Net cash provided (used) by investing activities	74.4			22.0			(102.8		)	(13.0		)	(19.4		)
Financing activities:
Repayment of long-term debt	(72.5		)	—			—			—			(72.5		)
Repurchase of Common Stock	—			—			—			—			—
Proceeds from exercise of stock options	2.9			—			—			—			2.9
Intercompany financing	(0.6		)	(13.0		)	0.6			13.0			—
Other financing activities	(0.4		)	—			0.2			—			(0.2		)
Net cash provided (used) by financing activities	(70.6		)	(13.0		)	0.8			13.0			(69.8		)
Effect of exchange rate changes on cash	—			0.8			1.4			—			2.2
Increase (decrease) in cash and cash equivalents	(36.3		)	(6.9		)	3.1			—			(40.1		)
Cash and cash equivalents at beginning of period	376.3			13.5			38.7			—			428.5
Cash and cash equivalents at end of period	$	340.0		$	6.6		$	41.8		$	—		$	388.4

XML

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Operating activities:
Net income	$ 133.0	$ 77.3
Depreciation and amortization	63.3	64.3
Deferred income taxes	(13.8)	(11.8)
Other non-cash adjustments	4.1	4.4
Changes in operating assets and liabilities	(142.2)	(87.3)
Net cash provided by operating activities	44.4	46.9
Investing activities:
Additions to property, plant and equipment	(15.4)	(24.1)
Additions to equipment held for rental	(10.1)	(3.1)
Proceeds from sale of property, plant and equipment	0.1	6.1
Proceeds from sale of equipment held for rental	3.9	2.4
Other investing activities	(3.4)	(0.7)
Net cash used by investing activities	(24.9)	(19.4)
Financing activities:
Repayment of long-term debt	0	(72.5)
Repurchases of common stock	(125.1)	0
Proceeds from exercise of stock options	15.7	2.9
Other financing activities	0.8	(0.2)
Net cash used by financing activities	(108.6)	(69.8)
Effect of exchange rate changes on cash	0.7	2.2
Decrease in cash and cash equivalents	(88.4)	(40.1)
Cash and cash equivalents at beginning of period	540.7	428.5
Cash and cash equivalents at end of period	452.3	388.4
Supplemental disclosures:
Cash paid for interest	30.2	37.0
Cash paid for income taxes	$ 44.0	$ 31.6

XML

Discontinued Operations (Tables)

6 Months Ended

Mar. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of operations of discontinued operations

All three businesses were previously included in the Company's fire & emergency segment. Due to the sale and/or closure of these businesses, they have been segregated from continuing operations and reported as discontinued operations in the Condensed Consolidated Statements of Income. Results of discontinued operations were the following (in millions):

	Three Months Ended						Six Months Ended
	March 31						March 31,
	2013			2012			2013			2012
Net sales	$	9.0		$	13.0		$	20.2		$	23.1
Cost of sales	7.9			17.7			18.8			30.2
Gross income (loss)	1.1			(4.7		)	1.4			(7.1		)
Operating expenses:
Selling, general and administrative	—			3.3			(0.2		)	4.5
Amortization of purchased intangibles	—			0.2			—			0.4
Total operating expenses	—			3.5			(0.2		)	4.9
Operating income (loss)	1.1			(8.2		)	1.6			(12.0		)
Other income (expense)	(0.1		)	(0.2		)	(0.4		)	(0.3		)
Income (loss) before income taxes	1.0			(8.4		)	1.2			(12.3		)
Provision for (benefit from) income taxes	0.4			(2.8		)	0.4			(4.1		)
Income (loss) from discontinued operations, net of tax	$	0.6		$	(5.6	)	$	0.8		$	(8.2	)

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Guarantee Arrangements (Tables)

6 Months Ended

Mar. 31, 2013

Guarantees [Abstract]

Schedule of provision for losses on customer guarantees

Changes in the Company’s credit guarantee liability were as follows (in millions):

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Balance at beginning of period	$	4.7		$	4.7		$	5.0		$	6.5
Provision for new credit guarantees	0.4			0.5			0.4			0.7
Settlements made	—			—			(0.1		)	(0.5		)
Changes for pre-existing guarantees, net	(0.2		)	(0.6		)	(0.3		)	(1.7		)
Amortization of previous guarantees	(0.1		)	(0.1		)	(0.2		)	(0.5		)
Foreign currency translation	—			0.1			—			0.1
Balance at end of period	$	4.8		$	4.6		$	4.8		$	4.6

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Inventories (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Inventory Disclosure [Abstract]
Raw materials	$ 462.8	$ 558.0
Partially finished products	317.6	318.3
Finished products	499.0	371.0
Inventories at FIFO cost	1,279.4	1,247.3
Less: Progress / performance-based payments on U.S. government contracts	(144.7)	(238.0)
Excess of FIFO cost over LIFO cost	(74.0)	(71.8)
Inventory net	1,060.7	937.5
Component of finished goods inventory	$ 175

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Accumulated Other Comprehensive Income (Loss) (Details 2) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	$ 120.0	$ 68.0	$ 186.7	$ 121.6
Tax benefit	(34.8)	(24.4)	(55.8)	(36.8)
Net income	86.5	38.0	133.0	77.3
Reclassification out of Accumulated Other Comprehensive Income [Member] | Employee Pension and Postretirement Benefits, Net of Tax [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Prior service costs	(0.4)		(0.9)
Actuarial losses	(1.1)		(2.2)
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	(1.5)		(3.1)
Tax benefit	0.5		1.1
Net income	$ (1.0)		$ (2.0)

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Income Statement [Abstract]
Net sales	$ 1,984.4	$ 2,062.3	$ 3,734.2	$ 3,930.8
Cost of sales	1,681.0	1,818.2	3,184.8	3,461.8
Gross income	303.4	244.1	549.4	469.0
Operating expenses:
Selling, general and administrative	154.3	145.4	305.6	276.5
Amortization of purchased intangibles	14.5	14.6	28.9	29.3
Total operating expenses	168.8	160.0	334.5	305.8
Operating income	134.6	84.1	214.9	163.2
Other income (expense):
Interest expense	(16.4)	(18.0)	(32.8)	(38.5)
Interest income	1.7	0.6	4.2	1.2
Miscellaneous, net	0.1	1.3	0.4	(4.3)
Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates	120.0	68.0	186.7	121.6
Provision for income taxes	34.8	24.4	55.8	36.8
Income from continuing operations before equity in earnings of unconsolidated affiliates	85.2	43.6	130.9	84.8
Equity in earnings of unconsolidated affiliates	0.7	0	1.3	0.7
Income from continuing operations, net of tax	85.9	43.6	132.2	85.5
Income (loss) from discontinued operations, net of tax	0.6	(5.6)	0.8	(8.2)
Net income	86.5	38.0	133.0	77.3
Net income attributable to noncontrolling interest	0	(0.7)	0	(1.1)
Net income attributable to Oshkosh Corporation	$ 86.5	$ 37.3	$ 133.0	$ 76.2
Earnings (loss) per share attributable to Oshkosh Corporation common shareholders-basic:
From continuing operations (in dollars per share)	$ 0.98	$ 0.47	$ 1.48	$ 0.92
From discontinued operations (in dollars per share)	$ 0.01	$ (0.06)	$ 0.01	$ (0.09)
Total earnings (loss) per share attributable to Oshkosh Corporation common shareholders-basic (in dollars per share)	$ 0.99	$ 0.41	$ 1.49	$ 0.83
Earnings (loss) per share attributable to Oshkosh Corporation common shareholders-diluted:
From continuing operations (in dollars per share)	$ 0.96	$ 0.47	$ 1.46	$ 0.92
From discontinued operations (in dollars per share)	$ 0.01	$ (0.06)	$ 0.01	$ (0.09)
Total earnings (loss) per share attributable to Oshkosh Corporation common shareholders-diluted (in dollars per share)	$ 0.97	$ 0.41	$ 1.47	$ 0.83

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Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Mar. 31, 2013

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component were as follows (in millions):

	Three Months Ended March 31, 2013									Six Months Ended March 31, 2013
	Employee Pension and Postretirement Benefits, Net of Tax			Cumulative Translation Adjustments			Accumulated Other Comprehensive Income (Loss)			Employee Pension and Postretirement Benefits, Net of Tax			Cumulative Translation Adjustments			Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	$	(98.6	)	$	6.8		$	(91.8	)	$	(99.6	)	$	(1.8	)	$	(101.4	)
Other comprehensive income (loss) before reclassifications	—			(10.0		)	(10.0		)	—			(1.4		)	(1.4		)
Amounts reclassified from accumulated other comprehensive income (loss)	1.0			—			1.0			2.0			—			2.0
Net current period other comprehensive income (loss)	1.0			(10.0		)	(9.0		)	2.0			(1.4		)	0.6
Balance at end of period	$	(97.6	)	$	(3.2	)	$	(100.8	)	$	(97.6	)	$	(3.2	)	$	(100.8	)

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)

Reclassifications out of accumulated other comprehensive income (loss) included in the computation of net periodic pension cost (refer to Note 17 of the Notes to Condensed Consolidated Financial Statements for additional details regarding employee benefit plans) was as follows (in millions):

Details about Accumulated Other Comprehensive Income (Loss) Components	Three Months Ended March 31, 2013			Six Months Ended March 31, 2013
Amortization of Employee Pension and Postretirement Benefits items
Prior service costs	$	(0.4	)	$	(0.9	)
Actuarial losses	(1.1		)	(2.2		)
Total before tax	(1.5		)	(3.1		)
Tax benefit	0.5			1.1
Net of tax	$	(1.0	)	$	(2.0	)

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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (USD $) In Millions, unless otherwise specified	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Common Stock in Treasury at Cost	Non- Controlling Interest
Balance at Sep. 30, 2011		$ 0.9	$ 685.6	$ 1,032.7	$ (122.6)	$ (0.1)	$ 0.1
Changes in Equity
Net income	77.3			76.2			1.1
Change in fair value of derivative instruments, net of tax	1.4				1.4
Employee pension and postretirement benefits, net of tax	3.0				3.0
Currency translation adjustments, net	3.7				3.7
Exercise of stock options			2.2			0.7
Stock-based compensation and award of nonvested shares			6.6
Other			0.4	0		(0.6)	0
Balance at Mar. 31, 2012		0.9	694.8	1,108.9	(114.5)	0	1.2
Balance at Sep. 30, 2012		0.9	703.5	1,263.5	(101.4)	(13.0)	0
Changes in Equity
Net income	133.0			133.0			0
Change in fair value of derivative instruments, net of tax	0
Employee pension and postretirement benefits, net of tax	2.0				2.0
Currency translation adjustments, net	(1.4)				(1.4)
Repurchase of common stock						(125.1)
Exercise of stock options			(1.1)			16.8
Stock-based compensation and award of nonvested shares			10.8
Tax benefit related to stock-based compensation			(0.8)
Other			(0.8)	0.1	0	0.7	0
Balance at Mar. 31, 2013		$ 0.9	$ 711.6	$ 1,396.6	$ (100.8)	$ (120.6)	$ 0

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Credit Agreements (Details) (USD $) In Millions, unless otherwise specified			6 Months Ended					6 Months Ended			6 Months Ended				1 Months Ended				1 Months Ended
	Mar. 31, 2013	Sep. 30, 2012	Mar. 31, 2013 Credit agreement	Mar. 31, 2013 Credit agreement After March 31, 2012	Mar. 31, 2013 Credit agreement Minimum	Mar. 31, 2013 Credit agreement Maximum	Mar. 31, 2013 Revolving credit facility	Mar. 31, 2013 Senior Secured Term Loan	Sep. 30, 2012 Senior Secured Term Loan	Mar. 31, 2013 Letter of credit	Mar. 31, 2013 Credit agreement - dollar-denominated loans	Mar. 31, 2013 Credit agreement - dollar-denominated loans Federal Funds rate	Mar. 31, 2013 Credit agreement - dollar-denominated loans LIBOR	Mar. 31, 2013 Senior notes	Mar. 31, 2010 8 1/4 % Senior notes due March 2017	Mar. 31, 2013 8 1/4 % Senior notes due March 2017	Sep. 30, 2012 8 1/4 % Senior notes due March 2017	Mar. 31, 2012 8 1/4 % Senior notes due March 2017	Mar. 31, 2010 8 1/2 % Senior notes due March 2020	Mar. 31, 2013 8 1/2 % Senior notes due March 2020	Sep. 30, 2012 8 1/2 % Senior notes due March 2020	Mar. 31, 2012 8 1/2 % Senior notes due March 2020
Long term debt
Long term debt	$ 955.0	$ 955.0						$ 455.0	$ 455.0							$ 250.0	$ 250.0			$ 250.0	$ 250.0
Less current maturities	(32.5)	0
Long term debt net of current maturities	922.5	955.0
Debt, current
Revolving Credit Facility	0	0
Current maturities of long-term debt	32.5	0
Revolving line of credit and current maturities of long-term debt	32.5	0
Debt instrument interest rate (as a percent)															8.25%	8.25%		8.25%	8.50%	8.50%		8.50%
Maximum borrowing capacity							525
Quarterly principal installment, at commencement								16.25
Debt issued								455.0							250.0				250.0
Payment due at maturity								341.25
Letters of credit outstanding										186.5
Available borrowing capacity							338.5
Revolving credit facility, unused commitment fee rate (as a percent)					0.25%	0.50%
Letter of credit fees percentage on available borrowing capacity, low end of range (as a percent)										0.75%
Letter of credit fees percentage on available borrowing capacity, high end of range (as a percent)										1.25%
Variable rate basis			LIBOR plus a specified margin								base rate (which is the highest of (a) the administrative agent’s prime rate, (b) the federal funds rate plus 0.50% or (c) the sum of 1% plus one-month LIBOR) plus a specified margin	federal funds rate	one-month LIBOR
Interest spread in basis points (as a percent)							1.75%	1.75%				0.50%	1.00%
Weighted-average interest rate (as a percent)								1.95%
Maximum leverage ratio			4.50
Minimum interest coverage ratio			2.50
Maximum senior secured leverage ratio			2.75
Period within which entity expects to be able to meet the financial covenants (in months)			12 months
Dividend payment restriction under credit agreement
Maximum aggregate dividends and other distributions allowed during any fiscal year			485
Percentage of consolidated net income of the Company and its subsidiaries accrued on a cumulative basis during the period beginning on April 1, 2012 and ending on the last day of the fiscal quarter			50.00%
Percentage of consolidated net deficit of the Company and its subsidiaries accrued on a cumulative basis during the period beginning on April 1, 2012 and ending on the last day of the fiscal quarter			100.00%
Percentage of aggregate net proceeds received by the Company subsequent to March 31, 2012 as a contribution to its common equity or from the issuance and sale of its Common Stock				100.00%
Fair value of debt														$ 550

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Investments in Unconsolidated Affiliates (Tables)

6 Months Ended

Mar. 31, 2013

Equity Method Investments and Joint Ventures [Abstract]

Schedule of equity method investments

Investments in unconsolidated affiliates are accounted for under the equity method and consisted of the following (in millions):

	March 31,		September 30,
	2013		2012
RiRent (The Netherlands)	$	10.9	$	10.5
Other	9.2		8.3
	$	20.1	$	18.8

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Derivative Financial Instruments and Hedging Activities (Details 3) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Pre-tax gains (losses) on derivative instruments
Total pre-tax effects of derivative instruments	$ 2.1	$ (4.0)	$ 0.1	$ (9.1)
Foreign exchange contracts | Miscellaneous, net
Pre-tax gains (losses) on derivative instruments
Not designated as hedges	2.1	(4.0)	0.1	(6.9)
Cash flow hedges | Interest rate contracts | Interest expense
Pre-tax gains (losses) on derivative instruments
Reclassified from other comprehensive income (effective portion):	$ 0	$ 0	$ 0	$ (2.2)

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Fair Value Measurement

6 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value Measurement

Fair Value Measurement

FASB ASC Topic 820, Fair Value Measurements and Disclosures, defines fair value as the price that would be received to sell an asset or paid to transfer a liability (i.e., exit price) in an orderly transaction between market participants at the measurement date. FASB ASC Topic 820 requires disclosures that categorize assets and liabilities measured at fair value into one of three different levels depending on the assumptions (i.e., inputs) used in the valuation. Level 1 provides the most reliable measure of fair value, while Level 3 generally requires significant management judgment. The three levels are defined as follows:

Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities.

Level 2: Observable inputs other than quoted prices in active markets for identical assets or liabilities, such as quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets.

Level 3: Unobservable inputs reflecting management's own assumptions about the inputs used in pricing the asset or liability.

There were no transfers of assets between levels during the three months ended March 31, 2013.

As of March 31, 2013, the fair values of the Company’s financial assets and liabilities were as follows (in millions):

	Level 1		Level 2		Level 3		Total
Assets:
Foreign currency exchange derivatives (a)	$	—	$	1.5	$	—	$	1.5
Liabilities:
Foreign currency exchange derivatives (a)	$	—	$	0.4	$	—	$	0.4

_________________________

^(a)  Based on observable market transactions of forward currency prices.

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Property, Plant and Equipment (Tables)

6 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Schedule of property, plant and equipment

Property, plant and equipment consisted of the following (in millions):

	March 31,			September 30,
	2013			2012
Land and land improvements	$	46.1		$	45.8
Buildings	237.4			236.3
Machinery and equipment	560.5			550.6
Equipment on operating lease to others	20.9			23.8
	864.9			856.5
Less accumulated depreciation	(507.7		)	(486.6		)
	$	357.2		$	369.9

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Restructuring and Other Charges

6 Months Ended

Mar. 31, 2013

Restructuring and Related Activities [Abstract]

Restructuring and Other Charges

Restructuring and Other Charges

Pre-tax restructuring charges (credits) included in continuing operations for the three and six months ended March 31, 2013 and 2012 were as follows (in millions):

	Three Months Ended March 31, 2013								Three Months Ended March 31, 2012
	Cost of Sales			Selling, General and Administrative		Total			Cost of Sales			Selling, General and Administrative		Total
Access equipment	$	(0.2	)	$	—	$	(0.2	)	$	(0.1	)	$	—	$	(0.1	)
Defense	0.5			—		0.5			—			—		—
Fire & emergency	—			—		—			0.2			0.2		0.4
Commercial	—			—		—			0.1			—		0.1
	$	0.3		$	—	$	0.3		$	0.2		$	0.2	$	0.4

	Six Months Ended March 31, 2013								Six Months Ended March 31, 2012
	Cost of Sales			Selling, General and Administrative		Total			Cost of Sales			Selling, General and Administrative		Total
Access equipment	$	(0.2	)	$	—	$	(0.2	)	$	(0.6	)	$	—	$	(0.6	)
Defense	0.5			—		0.5			—			—		—
Fire & emergency	—			—		—			0.2			0.3		0.5
Commercial	—			—		—			0.1			—		0.1
	$	0.3		$	—	$	0.3		$	(0.3	)	$	0.3	$	—

Changes in the Company’s restructuring reserves, included within “Other current liabilities” in the Condensed Consolidated Balance Sheets, were as follows (in millions):

	Employee Severance and Termination Benefits
Balance at September 30, 2012	$	1.9
Restructuring provisions	0.3
Utilized - cash	(0.1		)
Foreign currency translation	0.1
Balance at March 31, 2013	$	2.2

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Restructuring and Other Charges (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Restructuring and related activities
Pre-tax restructuring charges	$ 0.3	$ 0.4	$ 0.3	$ 0
Restructuring Reserve [Roll Forward]
Restructuring provisions	(0.3)	(0.4)	(0.3)	0
Employee Severance and Termination Benefits
Restructuring and related activities
Pre-tax restructuring charges			(0.3)
Restructuring Reserve [Roll Forward]
Balance at the beginning of the period			1.9
Restructuring provisions			0.3
Utilized - cash			(0.1)
Foreign currency translation			0.1
Balance at the end of the period	2.2		2.2
Cost of Sales
Restructuring and related activities
Pre-tax restructuring charges	0.3	0.2	0.3	(0.3)
Restructuring Reserve [Roll Forward]
Restructuring provisions	(0.3)	(0.2)	(0.3)	0.3
Selling, General and Administrative
Restructuring and related activities
Pre-tax restructuring charges	0	0.2	0	0.3
Restructuring Reserve [Roll Forward]
Restructuring provisions	0	(0.2)	0	(0.3)
Access Equipment
Restructuring and related activities
Pre-tax restructuring charges	(0.2)	(0.1)	(0.2)	(0.6)
Restructuring Reserve [Roll Forward]
Restructuring provisions	0.2	0.1	0.2	0.6
Access Equipment | Cost of Sales
Restructuring and related activities
Pre-tax restructuring charges	(0.2)	(0.1)	(0.2)	(0.6)
Restructuring Reserve [Roll Forward]
Restructuring provisions	0.2	0.1	0.2	0.6
Access Equipment | Selling, General and Administrative
Restructuring and related activities
Pre-tax restructuring charges	0	0	0	0
Restructuring Reserve [Roll Forward]
Restructuring provisions	0	0	0	0
Defense
Restructuring and related activities
Pre-tax restructuring charges	0.5	0	0.5	0
Restructuring Reserve [Roll Forward]
Restructuring provisions	(0.5)	0	(0.5)	0
Defense | Cost of Sales
Restructuring and related activities
Pre-tax restructuring charges	0.5	0	0.5	0
Restructuring Reserve [Roll Forward]
Restructuring provisions	(0.5)	0	(0.5)	0
Defense | Selling, General and Administrative
Restructuring and related activities
Pre-tax restructuring charges	0	0	0	0
Restructuring Reserve [Roll Forward]
Restructuring provisions	0	0	0	0
Fire and Emergency
Restructuring and related activities
Pre-tax restructuring charges	0	0.4	0	0.5
Restructuring Reserve [Roll Forward]
Restructuring provisions	0	(0.4)	0	(0.5)
Fire and Emergency | Cost of Sales
Restructuring and related activities
Pre-tax restructuring charges	0	0.2	0	0.2
Restructuring Reserve [Roll Forward]
Restructuring provisions	0	(0.2)	0	(0.2)
Fire and Emergency | Selling, General and Administrative
Restructuring and related activities
Pre-tax restructuring charges	0	0.2	0	0.3
Restructuring Reserve [Roll Forward]
Restructuring provisions	0	(0.2)	0	(0.3)
Commercial
Restructuring and related activities
Pre-tax restructuring charges	0	0.1	0	0.1
Restructuring Reserve [Roll Forward]
Restructuring provisions	0	(0.1)	0	(0.1)
Commercial | Cost of Sales
Restructuring and related activities
Pre-tax restructuring charges	0	0.1	0	0.1
Restructuring Reserve [Roll Forward]
Restructuring provisions	0	(0.1)	0	(0.1)
Commercial | Selling, General and Administrative
Restructuring and related activities
Pre-tax restructuring charges	0	0	0	0
Restructuring Reserve [Roll Forward]
Restructuring provisions	$ 0	$ 0	$ 0	$ 0

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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Statement of Stockholders' Equity [Abstract]
Change in fair value of derivative instruments, tax	$ 0	$ 0.8
Employee pension and postretirement benefits, tax	$ 1.1	$ 1.8

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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Net income	$ 86.5	$ 38.0	$ 133.0	$ 77.3
Other comprehensive income (loss), net of tax:
Change in fair value of derivative instruments	0	0	0	1.4
Employee pension and postretirement benefits	1.0	1.5	2.0	3.0
Currency translation adjustments	(10.0)	11.8	(1.4)	3.7
Total other comprehensive income (loss), net of tax	(9.0)	13.3	0.6	8.1
Comprehensive income	77.5	51.3	133.6	85.4
Comprehensive (income) loss attributable to noncontrolling interest	0	(0.7)	0	(1.1)
Comprehensive income attributable to Oshkosh Corporation	$ 77.5	$ 50.6	$ 133.6	$ 84.3

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Credit Agreements

6 Months Ended

Mar. 31, 2013

Debt Disclosure [Abstract]

Credit Agreements

Credit Agreements

The Company was obligated under the following debt instruments (in millions):

	March 31,			September 30,
	2013			2012
Senior Secured Term Loan	$	455.0		$	455.0
8¼% Senior notes due March 2017	250.0			250.0
8½% Senior notes due March 2020	250.0			250.0
	955.0			955.0
Less current maturities	(32.5		)	—
	$	922.5		$	955.0
Revolving Credit Facility	$	—		$	—
Current maturities of long-term debt	32.5			—
	$	32.5		$	—

The Company maintains a senior secured credit agreement with various lenders (the “Credit Agreement”). The Credit Agreement provides for (i) a revolving credit facility (“Revolving Credit Facility”) that matures in October 2015 with an initial maximum aggregate amount of availability of $525 million and (ii) a $455 million term loan (“Term Loan”) facility due in quarterly principal installments of $16.25 million commencing December 31, 2013 with a balloon payment of $341.25 million due at maturity in October 2015. At March 31, 2013, outstanding letters of credit of $186.5 million reduced available capacity under the Revolving Credit Facility to $338.5 million.

The Company’s obligations under the Credit Agreement are guaranteed by certain of its domestic subsidiaries, and the Company will guarantee the obligations of certain of its subsidiaries under the Credit Agreement to the extent such subsidiaries borrow directly under the Credit Agreement. Subject to certain exceptions, the Credit Agreement is secured by (i) a first-priority perfected lien and security interests in substantially all of the personal property of the Company, each material subsidiary of the Company and each subsidiary guarantor, (ii) mortgages upon certain real property of the Company and certain of its domestic subsidiaries and (iii) a pledge of the equity of each material subsidiary and each subsidiary guarantor.

Under the Credit Agreement, the Company must pay (i) an unused commitment fee ranging from 0.25% to 0.50% per annum of the average daily unused portion of the aggregate revolving credit commitments under the Credit Agreement and (ii) a fee ranging from 0.75% to 1.25% per annum of the maximum amount available to be drawn for each performance letter of credit issued and outstanding under the Credit Agreement.

Borrowings under the Credit Agreement bear interest at a variable rate equal to (i) LIBOR plus a specified margin, which may be adjusted upward or downward depending on whether certain criteria are satisfied, or (ii) for dollar-denominated loans only, the base rate (which is the highest of (a) the administrative agent’s prime rate, (b) the federal funds rate plus 0.50% or (c) the sum of 1% plus one-month LIBOR) plus a specified margin, which may be adjusted upward or downward depending on whether certain criteria are satisfied. At March 31, 2013, the interest spread on the Revolving Credit Facility and Term Loan was 175 basis points. The weighted-average interest rate on borrowings outstanding under the Term Loan at March 31, 2013 was 1.95%.

The Credit Agreement contains various restrictions and covenants, including requirements that the Company maintain certain financial ratios at prescribed levels and restrictions on the ability of the Company and certain of its subsidiaries to consolidate or merge, create liens, incur additional indebtedness, dispose of assets, consummate acquisitions and make investments in joint ventures and foreign subsidiaries.

The Credit Agreement contains the following financial covenants:

• Leverage Ratio: A maximum leverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated indebtedness to consolidated net income before interest, taxes, depreciation, amortization, non-cash charges and certain other items (“EBITDA”)) as of the last day of any fiscal quarter of 4.50 to 1.0.

• Interest Coverage Ratio: A minimum interest coverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated EBITDA to the Company’s consolidated cash interest expense) as of the last day of any fiscal quarter of 2.50 to 1.0.

• Senior Secured Leverage Ratio: A maximum senior secured leverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated secured indebtedness to the Company’s consolidated EBITDA) of 2.75 to 1.0.

The Company was in compliance with the financial covenants contained in the Credit Agreement as of March 31, 2013 and expects to be able to meet the financial covenants contained in the Credit Agreement over the next twelve months.

Additionally, with certain exceptions, the Credit Agreement limits the ability of the Company to pay dividends and other distributions, including repurchases of shares of the Company's Common Stock. However, so long as no event of default exists under the Credit Agreement or would result from such payment, the Company may pay dividends and other distributions after April 1, 2012 in an aggregate amount not exceeding the sum of:

i. $485 million; plus

ii. 50% of the consolidated net income of the Company and its subsidiaries (or if such consolidated net income is a deficit, minus 100% of such deficit), accrued on a cumulative basis during the period beginning on April 1, 2012 and ending on the last day of the fiscal quarter immediately preceding the date of the applicable proposed dividend or distribution; plus

iii. 100% of the aggregate net proceeds received by the Company subsequent to March 31, 2012 either as a contribution to its common equity capital or from the issuance and sale of its Common Stock.

In March 2010, the Company issued $250.0 million of 8¼% unsecured senior notes due March 1, 2017 and $250.0 million of 8½% unsecured senior notes due March 1, 2020 (collectively, the “Senior Notes”). The Senior Notes were issued pursuant to an indenture (the “Indenture”) among the Company, the subsidiary guarantors named therein and a trustee. The Indenture contains customary affirmative and negative covenants. The Company has the option to redeem the Senior Notes due 2017 and Senior Notes due 2020 for a premium after March 1, 2014 and March 1, 2015, respectively. Certain of the Company’s subsidiaries fully, unconditionally, jointly and severally guarantee the Company’s obligations under the Senior Notes. See Note 23 of the Notes to Condensed Consolidated Financial Statements for separate financial information of the subsidiary guarantors.

The fair value of the long-term debt is estimated based upon the market rate of the Company’s debt. At March 31, 2013, the fair value of the Senior Notes was estimated to be $550 million and the fair value of the Term Loan approximated book value.

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Document and Entity Information	6 Months Ended
	Mar. 31, 2013	Apr. 25, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	OSHKOSH CORP
Entity Central Index Key	0000775158
Document Type	10-Q
Document Period End Date	Mar. 31, 2013
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding (in shares)		87,987,817
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2

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Warranties

6 Months Ended

Mar. 31, 2013

Product Warranties Disclosures [Abstract]

Warranties

Warranties

The Company’s products generally carry explicit warranties that extend from six months to five years, based on terms that are generally accepted in the marketplace. Selected components (such as engines, transmissions, tires, etc.) included in the Company’s end products may include manufacturers’ warranties. These manufacturers’ warranties are generally passed on to the end customer of the Company’s products, and the customer would generally deal directly with the component manufacturer.

Changes in the Company’s warranty liability were as follows (in millions):

	Six Months Ended March 31,
	2013			2012
Balance at beginning of period	$	95.0		$	75.0
Warranty provisions	24.3			26.8
Settlements made	(25.0		)	(24.2		)
Changes in liability for pre-existing warranties, net	3.6			2.6
Foreign currency translation	(1.0		)	0.7
Balance at end of period	$	96.9		$	80.9

Provisions for estimated warranty and other related costs are recorded at the time of sale and are periodically adjusted to reflect actual experience. Certain warranty and other related claims involve matters of dispute that ultimately are resolved by negotiation, arbitration or litigation. At times, warranty issues arise that are beyond the scope of the Company's historical experience. It is reasonably possible that additional warranty and other related claims could arise from disputes or other matters in excess of amounts accrued; however, the Company does not expect that any such amounts, while not determinable, would have a material adverse effect on the Company's consolidated financial condition, results of operations or cash flows.

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Separate Financial Information of Subsidiary Guarantors of Indebtedness (Details 3) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012	Mar. 31, 2012	Sep. 30, 2011
Current assets:
Cash and cash equivalents	$ 452.3	$ 540.7	$ 388.4	$ 428.5
Receivables, net	970.3	1,018.6
Inventories, net	1,060.7	937.5
Other current assets	175.7	197.7
Total current assets	2,659.0	2,694.5
Investment in and advances to consolidated subsidiaries	0	0
Intangible assets, net	1,783.4	1,809.2
Other long-term assets	432.2	444.1
Total assets	4,874.6	4,947.8
Current liabilities:
Accounts payable	659.5	683.3
Customer advances	529.1	510.4
Other current liabilities	426.0	510.8
Total current liabilities	1,614.6	1,704.5
Long-term debt, less current maturities	922.5	955.0
Other long-term liabilities	449.8	434.8
Shareholders' equity	1,887.7	1,853.5
Total liabilities and shareholders' equity	4,874.6	4,947.8
Oshkosh Corporation
Current assets:
Cash and cash equivalents	418.5	500.0	340.0	376.3
Receivables, net	322.0	388.0
Inventories, net	395.8	284.3
Other current assets	105.5	129.2
Total current assets	1,241.8	1,301.5
Investment in and advances to consolidated subsidiaries	2,365.5	2,358.1
Intangible assets, net	2.3	2.5
Other long-term assets	146.3	154.7
Total assets	3,755.9	3,816.8
Current liabilities:
Accounts payable	286.3	326.2
Customer advances	329.2	315.4
Other current liabilities	157.1	213.6
Total current liabilities	772.6	855.2
Long-term debt, less current maturities	922.5	955.0
Other long-term liabilities	173.1	153.1
Shareholders' equity	1,887.7	1,853.5
Total liabilities and shareholders' equity	3,755.9	3,816.8
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	9.9	5.5	6.6	13.5
Receivables, net	513.6	487.5
Inventories, net	424.4	415.7
Other current assets	47.5	47.9
Total current assets	995.4	956.6
Investment in and advances to consolidated subsidiaries	(1,115.5)	(1,182.9)
Intangible assets, net	1,090.7	1,110.4
Other long-term assets	148.8	156.8
Total assets	1,119.4	1,040.9
Current liabilities:
Accounts payable	301.3	288.9
Customer advances	196.8	190.5
Other current liabilities	190.9	220.2
Total current liabilities	689.0	699.6
Long-term debt, less current maturities	0	0
Other long-term liabilities	132.8	137.3
Shareholders' equity	297.6	204.0
Total liabilities and shareholders' equity	1,119.4	1,040.9
Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	23.9	35.2	41.8	38.7
Receivables, net	173.9	177.3
Inventories, net	241.9	239.3
Other current assets	22.3	20.6
Total current assets	462.0	472.4
Investment in and advances to consolidated subsidiaries	3,407.9	3,235.8
Intangible assets, net	690.4	696.3
Other long-term assets	137.1	132.6
Total assets	4,697.4	4,537.1
Current liabilities:
Accounts payable	104.7	96.7
Customer advances	3.1	4.5
Other current liabilities	85.4	84.5
Total current liabilities	193.2	185.7
Long-term debt, less current maturities	0	0
Other long-term liabilities	143.9	144.4
Shareholders' equity	4,360.3	4,207.0
Total liabilities and shareholders' equity	4,697.4	4,537.1
Eliminations
Current assets:
Cash and cash equivalents	0	0	0	0
Receivables, net	(39.2)	(34.2)
Inventories, net	(1.4)	(1.8)
Other current assets	0.4	0
Total current assets	(40.2)	(36.0)
Investment in and advances to consolidated subsidiaries	(4,657.9)	(4,411.0)
Intangible assets, net	0	0
Other long-term assets	0	0
Total assets	(4,698.1)	(4,447.0)
Current liabilities:
Accounts payable	(32.8)	(28.5)
Customer advances	0	0
Other current liabilities	(7.4)	(7.5)
Total current liabilities	(40.2)	(36.0)
Long-term debt, less current maturities	0	0
Other long-term liabilities	0	0
Shareholders' equity	(4,657.9)	(4,411.0)
Total liabilities and shareholders' equity	$ (4,698.1)	$ (4,447.0)

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Current assets:
Cash and cash equivalents	$ 452.3	$ 540.7
Receivables, net	970.3	1,018.6
Inventories, net	1,060.7	937.5
Deferred income taxes	66.7	69.9
Prepaid income taxes	77.9	98.0
Other current assets	31.1	29.8
Total current assets	2,659.0	2,694.5
Investment in unconsolidated affiliates	20.1	18.8
Property, plant and equipment, net	357.2	369.9
Goodwill	1,033.2	1,033.8
Purchased intangible assets, net	750.2	775.4
Other long-term assets	54.9	55.4
Total assets	4,874.6	4,947.8
Current liabilities:
Revolving credit facility and current maturities of long-term debt	32.5	0
Accounts payable	659.5	683.3
Customer advances	529.1	510.4
Payroll-related obligations	109.2	130.1
Accrued warranty	96.9	95.0
Deferred revenue	28.0	113.0
Other current liabilities	159.4	172.7
Total current liabilities	1,614.6	1,704.5
Long-term debt, less current maturities	922.5	955.0
Deferred income taxes	115.3	129.6
Other long-term liabilities	334.5	305.2
Commitments and contingencies
Shareholders' equity:
Preferred Stock ($.01 par value; 2,000,000 shares authorized; none issued and outstanding)	0	0
Common Stock ($.01 par value; 300,000,000 shares authorized; 92,096,465 and 92,086,465 shares issued, respectively)	0.9	0.9
Additional paid-in capital	711.6	703.5
Retained earnings	1,396.6	1,263.5
Accumulated other comprehensive loss	(100.8)	(101.4)
Common Stock in treasury, at cost (4,117,598 and 528,695 shares, respectively)	(120.6)	(13.0)
Total shareholders’ equity	1,887.7	1,853.5
Total liabilities and shareholders' equity	$ 4,874.6	$ 4,947.8

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Receivables

6 Months Ended

Mar. 31, 2013

Receivables [Abstract]

Receivables

Receivables

Receivables consisted of the following (in millions):

	March 31,			September 30,
	2013			2012
U.S. government:
Amounts billed	$	141.4		$	99.2
Costs and profits not billed	54.2			251.7
	195.6			350.9
Other trade receivables	749.7			633.0
Finance receivables	5.5			5.2
Notes receivable	23.9			24.6
Other receivables	33.0			35.6
	1,007.7			1,049.3
Less allowance for doubtful accounts	(23.3		)	(18.0		)
	$	984.4		$	1,031.3

Costs and profits not billed generally result from undefinitized change orders on existing long-term contracts and “not-to-exceed” undefinitized contracts whereby the Company cannot invoice the customer the full price under the contract or contract change order until such contract or change order is definitized and agreed to with the customer following a review of costs under such a contract or change order, even though the contract deliverables may have been met. Definitization of a change order on an existing long-term contract or a sole source contract begins when the U.S. government customer undertakes a detailed review of the Company’s submitted costs and proposed margin related to the contract and concludes with a final change order. The Company recognizes revenue on undefinitized contracts to the extent that it can reasonably and reliably estimate the expected final contract price and when collectability is reasonably assured. At March 31, 2013, the Company had recorded $89.8 million of revenue on contracts which remained undefinitized as of that date. To the extent that contract definitization results in changes to previously estimated or incurred costs or revenues, the Company records those adjustments as a change in estimate. The Company recorded income (expense) of $3.3 million and $(2.8) million for the six months ended March 31, 2013 and 2012, respectively, related to changes in estimates on these contracts. The changes increased (decreased) net income by $2.1 million, or $0.02 per share, and $(1.8) million, or $(0.02) per share, respectively. 

Classification of receivables in the Condensed Consolidated Balance Sheets consisted of the following (in millions):

	March 31,		September 30,
	2013		2012
Current receivables	$	970.3	$	1,018.6
Long-term receivables	14.1		12.7
	$	984.4	$	1,031.3

Finance Receivables: Finance receivables represent sales-type leases resulting from the sale of the Company's products and the purchase of finance receivables from lenders pursuant to customer defaults under program agreements with finance companies. Finance receivables originated by the Company generally include a residual value component. Residual values are determined based on the expectation that the underlying equipment will have a minimum fair market value at the end of the lease term. This residual value accrues to the Company at the end of the lease. The Company uses its experience and knowledge as an original equipment manufacturer and participant in end markets for the related products along with third-party studies to estimate residual values. The Company monitors these values for impairment on a periodic basis and reflects any resulting reductions in value in current earnings. Finance receivables are written down if management determines that the specific borrower does not have the ability to repay the loan amounts due in full.

Finance receivables consisted of the following (in millions):

	March 31,			September 30,
	2013			2012
Finance receivables	$	6.4		$	6.0
Less unearned income	(0.9		)	(0.8		)
Net finance receivables	5.5			5.2
Less allowance for doubtful accounts	(1.3		)	(1.4		)
	$	4.2		$	3.8

Contractual maturities of the Company’s finance receivables at March 31, 2013 were as follows: 2013 (remaining six months) - $2.4 million; 2014 - $1.3 million; 2015 - $0.8 million; 2016 - $0.4 million; 2017 - $0.4 million; 2018 - $0.4 million; and thereafter - $0.7 million. Historically, obligors have paid off finance receivables prior to their contractual due dates, although actual repayment timing is impacted by a number of factors, including the economic environment at the time. As a result, contractual maturities are not to be regarded as a forecast of future cash flows.

Delinquency is the primary indicator of credit quality of finance receivables. The Company maintains a general allowance for finance receivables considered doubtful of future collection based upon historical experience. Additional allowances are established based upon the Company’s perception of the quality of the finance receivables, including the length of time the receivables are past due, past experience of collectability and underlying economic conditions. In circumstances where the Company believes collectability is no longer reasonably assured, a specific allowance is recorded to reduce the net recognized receivable to the amount reasonably expected to be collected. The terms of the finance agreements generally give the Company the ability to take possession of the underlying collateral. The Company may incur losses in excess of recorded allowances if the financial condition of its customers were to deteriorate or the full amount of any anticipated proceeds from the sale of the collateral supporting its customers’ financial obligations is not realized.

Notes Receivable: Notes receivable include amounts related to refinancing of trade accounts and finance receivables. As of March 31, 2013, approximately 93% of the notes receivable balance outstanding was due from two parties. The Company routinely evaluates the creditworthiness of its customers and establishes reserves where the Company believes collectability is no longer reasonably assured. Notes receivable are written down if management determines that the specific borrower does not have the ability to repay the loan in full. Certain notes receivable are collateralized by a security interest in the underlying assets and/or other assets owned by the debtor. The Company may incur losses in excess of recorded allowances if the financial condition of its customers were to deteriorate or the full amount of any anticipated proceeds from the sale of the collateral supporting its customers' financial obligations is not realized.

Quality of Finance and Notes Receivable: The Company does not accrue interest income on finance and notes receivables in circumstances where the Company believes collectability is no longer reasonably assured. Any cash payments received on nonaccrual finance and notes receivable are applied first to principal balances. The Company does not resume accrual of interest income until the customer has shown that it is capable of meeting its financial obligations by making timely payments over a sustained period of time. The Company determines past due or delinquency status based upon the due date of the receivable.

Finance and notes receivable aging and accrual status consisted of the following (in millions):

	Finance Receivables						Notes Receivables
	March 31, 2013			September 30, 2012			March 31,  2013			September 30, 2012
Aging of receivables that are past due:
Greater than 30 days and less than 60 days	$	0.1		$	0.1		$	—		$	—
Greater than 60 days and less than 90 days	0.1			—			—			—
Greater than 90 days	1.5			1.3			—			—
Receivables on nonaccrual status	3.1			3.4			18.9			19.0
Receivables past due 90 days or more and still accruing	—			—			—			—
Receivables subject to general reserves	0.4			1.5			1.6			—
Allowance for doubtful accounts	—			—			—			—
Receivables subject to specific reserves	5.1			3.7			22.3			24.6
Allowance for doubtful accounts	(1.3		)	(1.4		)	(11.0		)	(8.0		)

Receivables subject to specific reserves also include loans that the Company has modified in troubled debt restructurings as a concession to customers experiencing financial difficulty. To minimize the economic loss, the Company may modify certain finance and notes receivable. Modifications generally consist of restructured payment terms and time frames in which no payments are required. At March 31, 2013, restructured finance receivables and notes receivables were $4.1 million and $23.1 million, respectively. Losses on troubled debt restructurings were not significant during the three and six months ended March 31, 2013.

Changes in the Company’s allowance for doubtful accounts were as follows (in millions):

	Three Months Ended March 31, 2013											Three Months Ended March 31, 2012
	Finance			Notes		Trade and Other			Total			Finance			Notes			Trade and Other			Total
Allowance for doubtful accounts at beginning of period	$	1.5		$	8.0	$	9.0		$	18.5		$	3.7		$	8.7		$	8.7		$	21.1
Provision for doubtful accounts, net of recoveries	(0.2		)	3.0		2.4			5.2			(0.6		)	(0.2		)	1.7			0.9
Charge-off of accounts	—			—		(0.4		)	(0.4		)	—			—			(0.2		)	(0.2		)
Foreign currency translation	—			—		—			—			—			—			—			—
Allowance for doubtful accounts at end of period	$	1.3		$	11.0	$	11.0		$	23.3		$	3.1		$	8.5		$	10.2		$	21.8

	Six Months Ended March 31, 2013											Six Months Ended March 31, 2012
	Finance			Notes		Trade and Other			Total			Finance			Notes			Trade and Other			Total
Allowance for doubtful accounts at beginning of period	$	1.4		$	8.0	$	8.6		$	18.0		$	11.5		$	8.9		$	9.1		$	29.5
Provision for doubtful accounts, net of recoveries	(0.1		)	3.0		2.8			5.7			(3.1		)	(0.2		)	2.3			(1.0		)
Charge-off of accounts	—			—		(0.4		)	(0.4		)	(5.3		)	(0.2		)	(1.2		)	(6.7		)
Foreign currency translation	—			—		—			—			—			—			—			—
Allowance for doubtful accounts at end of period	$	1.3		$	11.0	$	11.0		$	23.3		$	3.1		$	8.5		$	10.2		$	21.8

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Discontinued Operations

6 Months Ended

Mar. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

In April 2012, the Company discontinued production of mobile medical trailers in the United States, which were sold under the Oshkosh Specialty Vehicles brand name. In August 2012, the Company sold its interest in SMIT, a European mobile medical trailer manufacturer, for nominal cash consideration. In March 2013, the Company discontinued production of ambulances, which were sold under the Medtec brand name. All three businesses were previously included in the Company's fire & emergency segment. Due to the sale and/or closure of these businesses, they have been segregated from continuing operations and reported as discontinued operations in the Condensed Consolidated Statements of Income. Results of discontinued operations were the following (in millions):

	Three Months Ended						Six Months Ended
	March 31						March 31,
	2013			2012			2013			2012
Net sales	$	9.0		$	13.0		$	20.2		$	23.1
Cost of sales	7.9			17.7			18.8			30.2
Gross income (loss)	1.1			(4.7		)	1.4			(7.1		)
Operating expenses:
Selling, general and administrative	—			3.3			(0.2		)	4.5
Amortization of purchased intangibles	—			0.2			—			0.4
Total operating expenses	—			3.5			(0.2		)	4.9
Operating income (loss)	1.1			(8.2		)	1.6			(12.0		)
Other income (expense)	(0.1		)	(0.2		)	(0.4		)	(0.3		)
Income (loss) before income taxes	1.0			(8.4		)	1.2			(12.3		)
Provision for (benefit from) income taxes	0.4			(2.8		)	0.4			(4.1		)
Income (loss) from discontinued operations, net of tax	$	0.6		$	(5.6	)	$	0.8		$	(8.2	)

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Stock-Based Compensation

6 Months Ended

Mar. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

Stock-Based Compensation

In February 2009, the Company’s shareholders approved the 2009 Incentive Stock and Awards Plan. In January 2012, the Company's shareholders approved amendments to the 2009 Incentive Stock and Awards Plan (as amended, the “2009 Stock Plan”) to add 6,000,000 shares to the number of shares available for issuance under the plan. The 2009 Stock Plan replaced the 2004 Incentive Stock and Awards Plan, as amended (the “2004 Stock Plan”) and 1990 Incentive Stock Plan, as amended (the “1990 Stock Plan”). While no new awards will be granted under the 2004 Stock Plan and 1990 Stock Plan, awards previously made under these two plans that remained outstanding as of the initial approval date of the 2009 Stock Plan will remain outstanding and continue to be governed by the provisions of those plans.

Under the 2009 Stock Plan, officers, directors, including non-employee directors, and employees of the Company may be granted stock options, stock appreciation rights (“SAR”), performance shares, performance units, shares of Common Stock, restricted stock, restricted stock units (“RSU”) or other stock-based awards. The 2009 Stock Plan provides for the granting of options to purchase shares of the Company’s Common Stock at not less than the fair market value of such shares on the date of grant. Stock options granted under the 2009 Stock Plan generally become exercisable in equal installments over a three-year period, beginning with the first anniversary of the date of grant of the option, unless a shorter or longer duration is established by the Human Resources Committee of the Board of Directors at the time of the option grant. Stock options terminate not more than seven years from the date of grant. Except for performance shares and performance units, vesting is based solely on continued service as an employee of the Company. At March 31, 2013, the Company had reserved 9,944,976 shares of Common Stock available for issuance under the 2009 Stock Plan to provide for the exercise of outstanding stock options and the issuance of Common Stock under incentive compensation awards, including awards issued prior to the effective date of the 2009 Stock Plan.

The Company recognizes compensation expense over the requisite service period for vesting of an award, or to an employee's eligible retirement date, if earlier and applicable. Total stock-based compensation expense included in the Condensed Consolidated Statements of Income for the three and six months ended March 31, 2013 was $12.3 million ($7.8 million net of tax) and $18.7 million ($11.9 million net of tax), respectively. Total stock-based compensation expense included in the Company's Condensed Consolidated Statements of Income for the three and six months ended March 31, 2012 was $5.8 million ($3.7 million net of tax) and $10.2 million ($6.5 million net of tax), respectively.

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Guarantee Arrangements

6 Months Ended

Mar. 31, 2013

Guarantees [Abstract]

Guarantee Arrangements

Guarantee Arrangements

The Company is party to multiple agreements whereby it guarantees an aggregate of $365.7 million in indebtedness of customers, including $128.0 million under loss pool agreements. The Company estimated that its maximum loss exposure under these contracts at March 31, 2013 was $89.2 million. Under the terms of these and various related agreements and upon the occurrence of certain events, the Company generally has the ability to, among other things, take possession of the underlying collateral. If the financial condition of the customers were to deteriorate and result in their inability to make payments, then additional accruals may be required. While the Company does not expect to experience losses under these agreements that are materially in excess of the amounts reserved, it cannot provide any assurance that the financial condition of the customers will not deteriorate resulting in the customers' inability to meet their obligations. In the event that this occurs, the Company cannot guarantee that the collateral underlying the agreements will be sufficient to avoid losses materially in excess of the amounts reserved. Any losses under these guarantees would generally be mitigated by the value of any underlying collateral, including financed equipment, and are generally subject to the finance company's ability to provide the Company clear title to foreclosed equipment and other conditions. During periods of economic weakness, collateral values generally decline and can contribute to higher exposure to losses.

Changes in the Company’s credit guarantee liability were as follows (in millions):

	Three Months Ended March 31,						Six Months Ended March 31,
	2013			2012			2013			2012
Balance at beginning of period	$	4.7		$	4.7		$	5.0		$	6.5
Provision for new credit guarantees	0.4			0.5			0.4			0.7
Settlements made	—			—			(0.1		)	(0.5		)
Changes for pre-existing guarantees, net	(0.2		)	(0.6		)	(0.3		)	(1.7		)
Amortization of previous guarantees	(0.1		)	(0.1		)	(0.2		)	(0.5		)
Foreign currency translation	—			0.1			—			0.1
Balance at end of period	$	4.8		$	4.6		$	4.8		$	4.6

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Property, Plant and Equipment

6 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

Property, plant and equipment consisted of the following (in millions):

	March 31,			September 30,
	2013			2012
Land and land improvements	$	46.1		$	45.8
Buildings	237.4			236.3
Machinery and equipment	560.5			550.6
Equipment on operating lease to others	20.9			23.8
	864.9			856.5
Less accumulated depreciation	(507.7		)	(486.6		)
	$	357.2		$	369.9

Depreciation expense recorded in continuing operations was $32.0 million and $31.8 million for the six months ended March 31, 2013 and 2012, respectively. Capitalized interest was insignificant for all reported periods.

Equipment on operating lease to others represents the cost of equipment shipped to customers for whom the Company has guaranteed the residual value and equipment on short-term leases. These transactions are accounted for as operating leases with the related assets capitalized and depreciated over their estimated economic lives of five to ten years. Cost less accumulated depreciation for equipment on operating lease to others at March 31, 2013 and September 30, 2012 was $15.3 million and $9.4 million, respectively.

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Warranties (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Changes in warranty liability
Balance at beginning of period	$ 95.0	$ 75.0
Warranty provisions	24.3	26.8
Settlements made	(25.0)	(24.2)
Changes in liability for pre-existing warranties, net	3.6	2.6
Foreign currency translation	(1.0)	0.7
Balance at end of period	$ 96.9	$ 80.9
Minimum
Product Warranty Liability [Line Items]
Product warranty term	6 months
Maximum
Product Warranty Liability [Line Items]
Product warranty term	5 years

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Inventories

6 Months Ended

Mar. 31, 2013

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following (in millions):

		March 31,			September 30,
		2013			2012
Raw materials		$	462.8		$	558.0
Partially finished products		317.6			318.3
Finished products		499.0			371.0
Inventories at FIFO cost		1,279.4			1,247.3
Less:	Progress/performance-based payments on U.S. government contracts	(144.7		)	(238.0		)
	Excess of FIFO cost over LIFO cost	(74.0		)	(71.8		)
		$	1,060.7		$	937.5

Title to all inventories related to U.S. government contracts, which provide for progress or performance-based payments, vests with the U.S. government to the extent of unliquidated progress or performance-based payments. Finished goods inventory at March 31, 2013 included approximately $175 million of inventory related to an international defense order, which will be shipped and recognized as sales in the third and fourth quarters of fiscal 2013.

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Investments in Unconsolidated Affiliates

6 Months Ended

Mar. 31, 2013

Equity Method Investments and Joint Ventures [Abstract]

Investments in Unconsolidated Affiliates

Investments in Unconsolidated Affiliates

Investments in unconsolidated affiliates are accounted for under the equity method and consisted of the following (in millions):

	March 31,		September 30,
	2013		2012
RiRent (The Netherlands)	$	10.9	$	10.5
Other	9.2		8.3
	$	20.1	$	18.8

Recorded investments generally represent the Company’s maximum exposure to loss as a result of the Company’s ownership interest. Earnings or losses are reflected in “Equity in earnings of unconsolidated affiliates” in the Condensed Consolidated Statements of Income.

The Company and an unaffiliated third party are joint venture partners in RiRent Europe BV ("RiRent"). RiRent maintains a fleet of access equipment for short-term lease to rental companies throughout most of Europe. The re-rental fleet provides rental companies with equipment to support requirements on short notice. RiRent does not provide services directly to end users. The Company’s sales to RiRent were $0.2 million and $1.7 million for the six months ended March 31, 2013 and 2012, respectively. The Company recognizes income on sales to RiRent at the time of shipment in proportion to the outside third-party interest in RiRent and recognizes the remaining income ratably over the estimated useful life of the equipment, which is generally five years. Indebtedness of RiRent is secured by the underlying leases and assets of RiRent. All such RiRent indebtedness is non-recourse to the Company and its partner. Under RiRent’s €15.0 million bank credit facility, the partners of RiRent have committed to maintain an overall equity to asset ratio of at least 30.0% (71.2% as of March 31, 2013).

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Goodwill and Purchased Intangible Assets

6 Months Ended

Mar. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Purchased Intangible Assets

Goodwill and Purchased Intangible Assets

Goodwill and other indefinite-lived intangible assets are not amortized, but are reviewed for impairment annually, or more frequently if potential interim indicators exist that could result in impairment. The Company performs its annual impairment test in the fourth quarter of its fiscal year.

The following table presents changes in goodwill during the six months ended March 31, 2013 (in millions):

	Access Equipment			Fire & Emergency		Commercial			Total
Net goodwill at September 30, 2012	$	906.1		$	106.1	$	21.6		$	1,033.8
Foreign currency translation	(0.5		)	—		(0.1		)	(0.6		)
Net goodwill at March 31, 2013	$	905.6		$	106.1	$	21.5		$	1,033.2

The following table presents details of the Company’s goodwill allocated to the reportable segments (in millions):

	March 31, 2013							September 30, 2012
	Gross		Accumulated Impairment			Net		Gross		Accumulated Impairment			Net
Access equipment	$	1,837.7	$	(932.1	)	$	905.6	$	1,838.2	$	(932.1	)	$	906.1
Fire & emergency	114.3		(8.2		)	106.1		114.3		(8.2		)	106.1
Commercial	197.4		(175.9		)	21.5		197.5		(175.9		)	21.6
	$	2,149.4	$	(1,116.2	)	$	1,033.2	$	2,150.0	$	(1,116.2	)	$	1,033.8

Details of the Company’s total purchased intangible assets were as follows (in millions):

	March 31, 2013
	Weighted- Average Life	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Distribution network	39.1	$	55.4	$	(22.9	)	$	32.5
Non-compete	10.5	56.3		(56.0		)	0.3
Technology-related	11.9	104.3		(62.5		)	41.8
Customer relationships	12.7	562.1		(286.2		)	275.9
Other	16.6	16.6		(13.1		)	3.5
	14.4	794.7		(440.7		)	354.0
Non-amortizable trade names		396.2		—			396.2
		$	1,190.9	$	(440.7	)	$	750.2

	September 30, 2012
	Weighted- Average Life	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Distribution network	39.1	$	55.4	$	(22.2	)	$	33.2
Non-compete	10.5	56.9		(55.5		)	1.4
Technology-related	12.0	100.9		(58.4		)	42.5
Customer relationships	12.7	563.8		(265.5		)	298.3
Other	16.5	16.6		(12.8		)	3.8
	14.4	793.6		(414.4		)	379.2
Non-amortizable trade names		396.2		—			396.2
		$	1,189.8	$	(414.4	)	$	775.4

Amortization expense recorded in continuing operations was $28.9 million and $29.3 million for the six months ended March 31, 2013 and 2012, respectively. The estimated future amortization expense of purchased intangible assets for the remainder of fiscal 2013 and the five years succeeding September 30, 2013 are as follows: 2013 (remaining six months) - $27.5 million; 2014 - $55.0 million; 2015 - $54.2 million; 2016 - $53.7 million; 2017 - $45.9 million and 2018 - $38.1 million.

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Derivative Financial Instruments and Hedging Activities (Details 2) (Not designated as hedging instruments, Foreign exchange contracts, USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Other Current Assets
Fair values of open derivative instruments
Fair value of derivative assets	$ 1.5	$ 0.4
Other Current Liabilities
Fair values of open derivative instruments
Fair value of derivative liabilities	$ 0.4	$ 0

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Fair Value Measurement (Details) (Fair value measured on recurring basis, USD $) In Millions, unless otherwise specified	Mar. 31, 2013
Level 1
Assets:
Foreign currency exchange derivatives	$ 0	[1]
Liabilities:
Foreign currency exchange derivatives	0	[1]
Level 2
Assets:
Foreign currency exchange derivatives	1.5	[1]
Liabilities:
Foreign currency exchange derivatives	0.4	[1]
Level 3
Assets:
Foreign currency exchange derivatives	0	[1]
Liabilities:
Foreign currency exchange derivatives	0	[1]
Total
Assets:
Foreign currency exchange derivatives	1.5	[1]
Liabilities:
Foreign currency exchange derivatives	$ 0.4	[1]

[1] Based on observable market transactions of forward currency prices.

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Derivative Financial Instruments and Hedging Activities (Details) (Not designated as hedging instruments, USD $) In Millions, unless otherwise specified	Mar. 31, 2013
Open derivative instruments
Notional amounts of outstanding forward foreign exchange contracts	$ 118.0
Sell Euros
Open derivative instruments
Notional amounts of outstanding forward foreign exchange sale contracts to buy dollars	79.3
Sell Australian dollars
Open derivative instruments
Notional amounts of outstanding forward foreign exchange sale contracts to buy dollars	$ 24.4

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Inventories (Tables)

6 Months Ended

Mar. 31, 2013

Inventory Disclosure [Abstract]

Schedule of inventory

Inventories consisted of the following (in millions):

		March 31,			September 30,
		2013			2012
Raw materials		$	462.8		$	558.0
Partially finished products		317.6			318.3
Finished products		499.0			371.0
Inventories at FIFO cost		1,279.4			1,247.3
Less:	Progress/performance-based payments on U.S. government contracts	(144.7		)	(238.0		)
	Excess of FIFO cost over LIFO cost	(74.0		)	(71.8		)
		$	1,060.7		$	937.5

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Receivables (Details 2) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012	Sep. 30, 2012
Finance Receivables:
Net finance receivables	$ 5.5		$ 5.5		$ 5.2
Change in allowance for doubtful accounts
Allowance for doubtful accounts at beginning of period	18.5	21.1	18.0	29.5
Provision for doubtful accounts, net of recoveries	5.2	0.9	5.7	(1.0)
Charge-off of accounts	(0.4)	(0.2)	(0.4)	(6.7)
Foreign currency translation	0	0	0	0
Allowance for doubtful accounts at end of period	23.3	21.8	23.3	21.8
Finance receivables
Finance Receivables:
Finance receivables	6.4		6.4		6.0
Less unearned income	(0.9)		(0.9)		(0.8)
Net finance receivables	5.5		5.5		5.2
Less allowance for doubtful accounts	(1.3)		(1.3)		(1.4)
Finance receivables net of allowances	4.2		4.2		3.8
Contractual maturities of finance receivables
Remainder of current fiscal year	2.4		2.4
2014	1.3		1.3
2015	0.8		0.8
2016	0.4		0.4
2017	0.4		0.4
2018	0.4		0.4
Thereafter	0.7		0.7
Aging of receivables that are past due:
Greater than 30 days and less than 60 days	0.1		0.1		0.1
Greater than 60 days and less than 90 days	0.1		0.1		0
Greater than 90 days	1.5		1.5		1.3
Receivables on nonaccrual status	3.1		3.1		3.4
Receivables subject to general reserves	0.4		0.4		1.5
Receivables subject to general reserves, Allowance for doubtful accounts	0		0		0
Receivables subject to specific reserves	5.1		5.1		3.7
Receivables subject to specific reserves, Allowance for doubtful accounts	(1.3)		(1.3)		(1.4)
Change in allowance for doubtful accounts
Allowance for doubtful accounts at beginning of period	1.5	3.7	1.4	11.5
Provision for doubtful accounts, net of recoveries	(0.2)	(0.6)	(0.1)	(3.1)
Charge-off of accounts	0	0	0	(5.3)
Foreign currency translation	0	0	0	0
Allowance for doubtful accounts at end of period	1.3	3.1	1.3	3.1
Notes receivables
Aging of receivables that are past due:
Greater than 30 days and less than 60 days	0		0		0
Greater than 60 days and less than 90 days	0		0		0
Greater than 90 days	0		0		0
Receivables on nonaccrual status	18.9		18.9		19.0
Receivables subject to general reserves	1.6		1.6		0
Receivables subject to general reserves, Allowance for doubtful accounts	0		0		0
Receivables subject to specific reserves	22.3		22.3		24.6
Receivables subject to specific reserves, Allowance for doubtful accounts	(11.0)		(11.0)		(8.0)
Change in allowance for doubtful accounts
Allowance for doubtful accounts at beginning of period	8.0	8.7	8.0	8.9
Provision for doubtful accounts, net of recoveries	3.0	(0.2)	3.0	(0.2)
Charge-off of accounts	0	0	0	(0.2)
Foreign currency translation	0	0	0	0
Allowance for doubtful accounts at end of period	11.0	8.5	11.0	8.5
Trade and other receivables
Change in allowance for doubtful accounts
Allowance for doubtful accounts at beginning of period	9.0	8.7	8.6	9.1
Provision for doubtful accounts, net of recoveries	2.4	1.7	2.8	2.3
Charge-off of accounts	(0.4)	(0.2)	(0.4)	(1.2)
Foreign currency translation	0	0	0	0
Allowance for doubtful accounts at end of period	11.0	10.2	11.0	10.2
Restructured finance receivables
Aging of receivables that are past due:
Receivables subject to specific reserves	4.1		4.1
Restructured notes receivables
Aging of receivables that are past due:
Receivables subject to specific reserves	$ 23.1		$ 23.1

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Derivative Financial Instruments and Hedging Activities

6 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments and Hedging Activities

Derivative Financial Instruments and Hedging Activities

The Company has used forward foreign currency exchange contracts (“derivatives”) to reduce the exchange rate risk of specific foreign currency denominated transactions. These derivatives typically require the exchange of a foreign currency for U.S. dollars at a fixed rate at a future date. At times, the Company has designated these hedges as either cash flow hedges or fair value hedges under FASB ASC Topic 815, Derivatives and Hedging. At March 31, 2013 and 2012, the Company had no forward foreign exchange contracts designated as hedges.

The Company has entered into forward foreign currency exchange contracts to create an economic hedge to manage foreign exchange risk exposure associated with non-functional currency denominated payables resulting from global sourcing activities. The Company has not designated these derivative contracts as hedge transactions under FASB ASC Topic 815, and accordingly, the mark-to-market impact of these derivatives is recorded each period in current earnings. The fair value of foreign currency related derivatives is included in the Condensed Consolidated Balance Sheets in “Other current assets” and “Other current liabilities.” At March 31, 2013, the U.S. dollar equivalent of these outstanding forward foreign exchange contracts totaled $118.0 million in notional amounts, including $79.3 million in contracts to sell Euro and $24.4 million in contracts to sell Australian dollars, with the remaining contracts covering a variety of foreign currencies.

Fair Market Value of Financial Instruments — The fair values of all open derivative instruments in the Condensed Consolidated Balance Sheets were as follows (in millions):

	March 31, 2013				September 30, 2012
	Other Current Assets		Other Current Liabilities		Other Current Assets		Other Current Liabilities
Not designated as hedging instruments:
Foreign exchange contracts	$	1.5	$	0.4	$	0.4	$	—

The pre-tax effects of derivative instruments on the Condensed Consolidated Statements of Income consisted of the following (in millions):

	Classification of Gains (Losses)	Three Months Ended March 31,					Six Months Ended March 31,
		2013		2012			2013		2012
Cash flow hedges:
Reclassified from other comprehensive income (effective portion):
Interest rate contracts	Interest expense	$	—	$	—		$	—	$	(2.2	)
Not designated as hedges:
Foreign exchange contracts	Miscellaneous, net	2.1		(4.0		)	0.1		(6.9		)
		$	2.1	$	(4.0	)	$	0.1	$	(9.1	)

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Income Taxes

6 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The Company's effective income tax rate was 29.9% and 30.3% of pre-tax income for the six months ended March 31, 2013 and 2012, respectively. The effective income tax rate for the six months ended March 31, 2013 was favorably impacted by the reinstatement of the U.S. research and development income tax credit (250 basis points) and reported lower foreign income taxes (400 basis points). The effective income tax rate for the six months ended March 31, 2012 was favorably impacted by net discrete tax benefits aggregating 660 basis points including adjustments to reflect positions taken on previously filed tax returns (270 basis points), the settlement of foreign tax audits (200 basis points) and reductions of the liability for unrecognized tax benefits related to the expiration of statutes of limitations (80 basis points).

The Company’s liability for gross unrecognized tax benefits, excluding related interest and penalties, was $36.3 million and $33.9 million as of March 31, 2013 and September 30, 2012, respectively. As of March 31, 2013, net unrecognized tax benefits, excluding interest and penalties, of $25.2 million would affect the Company’s net income if recognized, including $24.6 million which would impact net income from continuing operations.

The Company recognizes accrued interest and penalties, if any, related to unrecognized tax benefits in the “Provision for income taxes” in the Condensed Consolidated Statements of Income. During the six months ended March 31, 2013 and 2012, the Company recognized a charge of $1.4 million and a benefit of $1.2 million, respectively, related to interest and penalties. At March 31, 2013, the Company had accruals for the payment of interest and penalties of $15.5 million. During the next twelve months, it is reasonably possible that federal, state and foreign tax audit resolutions could reduce unrecognized tax benefits by approximately $2.5 million, because the Company’s tax positions are sustained on audit, the Company agrees to their disallowance or the applicable statutes of limitations expire.

The Company files federal income tax returns, as well as multiple state, local and non-U.S. jurisdiction tax returns. The Company is regularly audited by federal, state and foreign tax authorities. At March 31, 2013, the Company was under audit by the U.S. Internal Revenue Service for the taxable years ended September 30, 2011 and 2010.

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Discontinued Operations (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013 business	Mar. 31, 2012	Mar. 31, 2013 business	Mar. 31, 2012
Discontinued Operations and Disposal Groups [Abstract]
Number of discontinued operation entities	3		3
Net sales	$ 9.0	$ 13.0	$ 20.2	$ 23.1
Cost of sales	7.9	17.7	18.8	30.2
Gross income (loss)	1.1	(4.7)	1.4	(7.1)
Operating expenses:
Selling, general and administrative	0	3.3	(0.2)	4.5
Amortization of purchased intangibles	0	0.2	0	0.4
Total operating expenses	0	3.5	(0.2)	4.9
Operating income (loss)	1.1	(8.2)	1.6	(12.0)
Other income (expense)	(0.1)	(0.2)	(0.4)	(0.3)
Income (loss) before income taxes	1.0	(8.4)	1.2	(12.3)
Provision for (benefit from) income taxes	0.4	(2.8)	0.4	(4.1)
Income (loss) from discontinued operations, net of tax	$ 0.6	$ (5.6)	$ 0.8	$ (8.2)

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Derivative Financial Instruments and Hedging Activities (Tables)

6 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of fair values of all open derivative instruments

Fair Market Value of Financial Instruments — The fair values of all open derivative instruments in the Condensed Consolidated Balance Sheets were as follows (in millions):

	March 31, 2013				September 30, 2012
	Other Current Assets		Other Current Liabilities		Other Current Assets		Other Current Liabilities
Not designated as hedging instruments:
Foreign exchange contracts	$	1.5	$	0.4	$	0.4	$	—

Schedule of pre-tax effects of derivative instruments

The pre-tax effects of derivative instruments on the Condensed Consolidated Statements of Income consisted of the following (in millions):

	Classification of Gains (Losses)	Three Months Ended March 31,					Six Months Ended March 31,
		2013		2012			2013		2012
Cash flow hedges:
Reclassified from other comprehensive income (effective portion):
Interest rate contracts	Interest expense	$	—	$	—		$	—	$	(2.2	)
Not designated as hedges:
Foreign exchange contracts	Miscellaneous, net	2.1		(4.0		)	0.1		(6.9		)
		$	2.1	$	(4.0	)	$	0.1	$	(9.1	)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2013	Sep. 30, 2012
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred Stock, shares authorized	2,000,000	2,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Common Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, shares authorized	300,000,000	300,000,000
Common Stock, shares issued	92,096,465	92,086,465
Common Stock in treasury, shares	4,117,598	528,695

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New Accounting Standards

6 Months Ended

Mar. 31, 2013

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

New Accounting Standards

New Accounting Standards

In June 2011, the Financial Accounting Standards Board ("FASB") amended Accounting Standards Codification ("ASC") Topic 220, Comprehensive Income, to require all non-owner changes in shareholders’ equity to be presented in either a single continuous statement of comprehensive income or in two separate but consecutive statements. Under this amendment, an entity is required to present each component of net income along with total net income, each component of other comprehensive income along with a total for other comprehensive income, and a total amount for comprehensive income. An entity will no longer be permitted to present the components of other comprehensive income as part of the statement of equity. The Company adopted the new presentation requirements as of October 1, 2012. The adoption of the new presentation requirements did not have a material impact on the Company’s financial condition, results of operations or cash flows.

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Goodwill and Purchased Intangible Assets (Details 3) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012	Sep. 30, 2012
Purchased intangible assets
Weighted-Average Life (in years)			14 years 4 months 24 days		14 years 4 months 24 days
Gross	$ 794.7		$ 794.7		$ 793.6
Accumulated Amortization	(440.7)		(440.7)		(414.4)
Net	354.0		354.0		379.2
Non-amortizable trade names	396.2		396.2		396.2
Intangible assets excluding goodwill, gross	1,190.9		1,190.9		1,189.8
Purchased intangible assets, net	750.2		750.2		775.4
Amortization expense recorded in continuing operations	14.5	14.6	28.9	29.3
Future amortization expense of purchased intangible assets for the five years succeeding fiscal year 2012
2013	27.5		27.5
2014	55.0		55.0
2015	54.2		54.2
2016	53.7		53.7
2017	45.9		45.9
2018	38.1		38.1
Distribution network
Purchased intangible assets
Weighted-Average Life (in years)			39 years 1 month 6 days		39 years 1 month 6 days
Gross	55.4		55.4		55.4
Accumulated Amortization	(22.9)		(22.9)		(22.2)
Net	32.5		32.5		33.2
Non-compete
Purchased intangible assets
Weighted-Average Life (in years)			10 years 6 months		10 years 6 months
Gross	56.3		56.3		56.9
Accumulated Amortization	(56.0)		(56.0)		(55.5)
Net	0.3		0.3		1.4
Technology-related
Purchased intangible assets
Weighted-Average Life (in years)			11 years 10 months 24 days		12 years
Gross	104.3		104.3		100.9
Accumulated Amortization	(62.5)		(62.5)		(58.4)
Net	41.8		41.8		42.5
Customer relationships
Purchased intangible assets
Weighted-Average Life (in years)			12 years 8 months 12 days		12 years 8 months 12 days
Gross	562.1		562.1		563.8
Accumulated Amortization	(286.2)		(286.2)		(265.5)
Net	275.9		275.9		298.3
Other
Purchased intangible assets
Weighted-Average Life (in years)			16 years 7 months 6 days		16 years 6 months
Gross	16.6		16.6		16.6
Accumulated Amortization	(13.1)		(13.1)		(12.8)
Net	$ 3.5		$ 3.5		$ 3.8

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Employee Benefit Plans (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012	Sep. 30, 2012
401 (K) Plans
Amounts expensed for matching and discretionary contributions	$ 8.1	$ 4.6	$ 13.4	$ 9.5
Defined Pension Benefit Plans
Employee benefit plans
Company contributions					35.8
Components of net periodic benefit cost
Service cost	3.6	5.5	7.6	11.1
Interest cost	4.0	4.1	8.0	8.2
Expected return on plan assets	(4.1)	(3.9)	(8.3)	(7.8)
Amortization of prior service cost	0.4	0.6	0.9	1.2
Curtailment	1.9	0	2.8	0
Amortization of net actuarial loss	1.1	1.8	2.2	3.6
Net periodic benefit cost	6.9	8.1	13.2	16.3
Defined Pension Benefit Plans | Minimum
Employee benefit plans
Defined benefit pension plans estimated future employer contributions in fiscal year	10.0		10.0
Defined Pension Benefit Plans | Maximum
Employee benefit plans
Defined benefit pension plans estimated future employer contributions in fiscal year	15.0		15.0
Postretirement Medical Plans
Employee benefit plans
Elimination of benefits coverage for salaried employees, minimum age threshold			55 years
Exception on elimination of benefits coverage for salaried employees, minimum age threshold with minimum of five years experience			55 years
Exception on elimination of benefits coverage for salaried employees, minimum years of service threshold			5 years
Defined benefit pension plans estimated future employer contributions in fiscal year	0.8		0.8
Company contributions			0.8	0.7
Components of net periodic benefit cost
Service cost	1.8	1.8	3.8	3.6
Interest cost	0.8	0.8	1.6	1.7
Amortization of prior service cost	(0.1)	0	(0.2)	0
Curtailment	(1.0)	0	(1.0)	0
Amortization of net actuarial loss	0.3	0.3	0.6	0.6
Net periodic benefit cost	$ 1.8	$ 2.9	$ 4.8	$ 5.9

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Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Mar. 31, 2013

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component were as follows (in millions):

	Three Months Ended March 31, 2013									Six Months Ended March 31, 2013
	Employee Pension and Postretirement Benefits, Net of Tax			Cumulative Translation Adjustments			Accumulated Other Comprehensive Income (Loss)			Employee Pension and Postretirement Benefits, Net of Tax			Cumulative Translation Adjustments			Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	$	(98.6	)	$	6.8		$	(91.8	)	$	(99.6	)	$	(1.8	)	$	(101.4	)
Other comprehensive income (loss) before reclassifications	—			(10.0		)	(10.0		)	—			(1.4		)	(1.4		)
Amounts reclassified from accumulated other comprehensive income (loss)	1.0			—			1.0			2.0			—			2.0
Net current period other comprehensive income (loss)	1.0			(10.0		)	(9.0		)	2.0			(1.4		)	0.6
Balance at end of period	$	(97.6	)	$	(3.2	)	$	(100.8	)	$	(97.6	)	$	(3.2	)	$	(100.8	)

Reclassifications out of accumulated other comprehensive income (loss) included in the computation of net periodic pension cost (refer to Note 17 of the Notes to Condensed Consolidated Financial Statements for additional details regarding employee benefit plans) was as follows (in millions):

Details about Accumulated Other Comprehensive Income (Loss) Components	Three Months Ended March 31, 2013			Six Months Ended March 31, 2013
Amortization of Employee Pension and Postretirement Benefits items
Prior service costs	$	(0.4	)	$	(0.9	)
Actuarial losses	(1.1		)	(2.2		)
Total before tax	(1.5		)	(3.1		)
Tax benefit	0.5			1.1
Net of tax	$	(1.0	)	$	(2.0	)

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Contingencies, Significant Estimates and Concentrations (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Environmental matters
Loss contingencies
Reserve for loss contingencies	$ 1.9	$ 2.0
Personal Injury Actions and Other
Loss contingencies
Reserve for loss contingencies	43.9	45.6
Maximum self-insurance available per claim	3.0
Performance and specialty bonds
Loss contingencies
Commitments and contingencies	244.1
Standby letters of credit
Loss contingencies
Commitments and contingencies	$ 186.5

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Credit Agreements (Tables)

6 Months Ended

Mar. 31, 2013

Debt Disclosure [Abstract]

Schedule of debt instruments

The Company was obligated under the following debt instruments (in millions):

	March 31,			September 30,
	2013			2012
Senior Secured Term Loan	$	455.0		$	455.0
8¼% Senior notes due March 2017	250.0			250.0
8½% Senior notes due March 2020	250.0			250.0
	955.0			955.0
Less current maturities	(32.5		)	—
	$	922.5		$	955.0
Revolving Credit Facility	$	—		$	—
Current maturities of long-term debt	32.5			—
	$	32.5		$	—

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Oshkosh Corporation Shareholders' Equity

6 Months Ended

Mar. 31, 2013

Stockholders' Equity Note [Abstract]

Oshkosh Corporation Shareholders' Equity

Oshkosh Corporation Shareholders' Equity

On October 25, 2012, the Company's Board of Directors adopted a shareholder rights plan (the "Rights Plan") and declared a dividend of one preferred stock purchase right (a “right”) for each outstanding share of the Company's Common Stock to shareholders of record at the close of business on November 5, 2012. On January 4, 2013, the Board of Directors approved, and the Company entered into, an amendment to the Rights Plan accelerating the expiration date of the Rights Plan to January 7, 2013. As a result, the rights expired and the Rights Plan terminated on January 7, 2013.

In July 1995, the Company authorized the repurchase of up to 6,000,000 shares of the Company's Common Stock. In July 2012, the Company's Board of Directors increased the repurchase authorization by 4,000,000 shares of Common Stock. On November 15, 2012, the Company's Board of Directors further increased the repurchase authorization from the then remaining 6,683,825 shares of Common Stock to 11,000,000 shares of Common Stock. During the six months ended March 31, 2013, the Company had repurchased 4,250,072 shares of its Common Stock at an aggregate cost of $125.1 million. As a result, 6,749,928 shares of Common Stock remained under this repurchase authorization at March 31, 2013. The Company is restricted by its Credit Agreement from repurchasing shares in certain situations. See Note 9 of the Notes to Condensed Consolidated Financial Statements for information regarding these restrictions.