XML 14 R54.htm IDEA: XBRL DOCUMENT v2.4.1.9
Credit Agreements (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended 1 Months Ended
Dec. 31, 2014
denominator
Mar. 31, 2014
Feb. 28, 2014
Mar. 31, 2010
Sep. 30, 2014
Mar. 21, 2014
Feb. 21, 2014
Jan. 22, 2015
Long term debt                
Long term debt 890.0us-gaap_LongTermDebt       $ 895.0us-gaap_LongTermDebt      
Less current maturities (20.0)us-gaap_LongTermDebtCurrent       (20.0)us-gaap_LongTermDebtCurrent      
Long term debt net of current maturities 870.0us-gaap_LongTermDebtNoncurrent       875.0us-gaap_LongTermDebtNoncurrent      
Debt, current                
Revolving Credit Facility 0us-gaap_LineOfCredit       0us-gaap_LineOfCredit      
Current maturities of long-term debt 20.0us-gaap_LongTermDebtCurrent       20.0us-gaap_LongTermDebtCurrent      
Revolving line of credit and current maturities of long-term debt 20.0us-gaap_DebtCurrent       20.0us-gaap_DebtCurrent      
Credit agreement                
Debt, current                
Senior Credit Agreement, Basis Spread on Variable Rate Debt 1.50%osk_SeniorCreditAgreementBasisSpreadonVariableRateDebt
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Maximum leverage ratio 4.50osk_DebtInstrumentLeverageRatio
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Debt Instrument, Leverage Ratio, Maximum Denominator 1.0osk_DebtInstrumentLeverageRatioMaximumDenominator
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Minimum interest coverage ratio 2.50osk_DebtInstrumentCovenantTermsInterestCoverageRatio
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Debt Instrument, Covenant Terms Interest, Coverage Ratio, Minimum Denominator 1.0osk_DebtInstrumentCovenantTermsInterestCoverageRatioMinimumDenominator
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Maximum senior secured leverage ratio 3.00osk_DebtInstrumentCovenantTermsSeniorSecuredLeverageRatio
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Debt Instrument, Covenant Terms, Senior Secured, Leverage Ratio for Intermediate Period Maximum, Denominator 1.0osk_DebtInstrumentCovenantTermsSeniorSecuredLeverageRatioForIntermediatePeriodMaximumDenominator
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Debt Instrument, Covenant Terms, Senior Secured Leverage Ratio without collateral 3.75osk_DebtInstrumentCovenantTermsSeniorSecuredLeverageRatiowithoutcollateral
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Debt Instrument, Covenant Terms, Senior Secured, Leverage Ratio for Intermediate Period Maximum without collateral, Denominator 1osk_DebtInstrumentCovenantTermsSeniorSecuredLeverageRatioforIntermediatePeriodMaximumwithoutcollateralDenominator
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Dividend payment restriction under credit agreement                
Percentage of consolidated net income of the Company and its subsidiaries accrued on a cumulative basis during the period beginning on January 1, 2010 and ending on the last day of the fiscal quarter 50.00%osk_DebtInstrumentDividendsAndOtherDistributionsRestrictionsPercentageOfConsolidatedNetIncomeConsidered
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Percentage of consolidated net deficit of the Company and its subsidiaries accrued on a cumulative basis during the period beginning on January 1, 2010 and ending on the last day of the fiscal quarter 100.00%osk_DebtInstrumentDividendsAndOtherDistributionsRestrictionsPercentageOfConsolidatedNetDeficitDeducted
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Percentage of aggregate net proceeds received by the Company subsequent to March 3, 2010 as a contribution to its common equity or from the issuance and sale of its Common Stock 100.00%osk_DebtInstrumentDividendsAndOtherDistributionsRestrictionsPercentageOfAggregateNetProceedsReceived
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
             
Credit agreement | Minimum                
Debt, current                
Revolving credit facility, unused commitment fee rate (as a percent) 0.225%us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
             
Credit agreement | Maximum                
Debt, current                
Revolving credit facility, unused commitment fee rate (as a percent) 0.35%us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
             
Revolving credit facility                
Debt, current                
Maximum borrowing capacity           600us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
   
Available borrowing capacity 509.8us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
             
Senior Secured Term Loan                
Long term debt                
Long term debt 390.0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredTermLoanMember
      395.0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredTermLoanMember
400.0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredTermLoanMember
   
Debt, current                
Quarterly principal installment, at commencement 5.0us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredTermLoanMember
             
Payment due at maturity 310.0us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredTermLoanMember
             
Variable rate basis LIBOR plus a specified margin              
Weighted-average interest rate (as a percent) 1.66%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredTermLoanMember
             
Letter of credit                
Debt, current                
Letters of credit outstanding 90.2us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_DebtInstrumentAxis
= us-gaap_LetterOfCreditMember
             
Letter of credit fees percentage on available borrowing capacity, low end of range (as a percent) 0.625%osk_LetterOfCreditFeesPercentageOnAvailableBorrowingCapacityLowEndOfRange
/ us-gaap_DebtInstrumentAxis
= us-gaap_LetterOfCreditMember
             
Letter of credit fees percentage on available borrowing capacity, high end of range (as a percent) 2.00%osk_LetterOfCreditRatePercentageOnAvailableBorrowingCapacityHighEndOfRange
/ us-gaap_DebtInstrumentAxis
= us-gaap_LetterOfCreditMember
             
Credit agreement - dollar-denominated loans                
Debt, current                
Variable rate basis   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            
Credit agreement - dollar-denominated loans | Federal Funds rate                
Debt, current                
Variable rate basis federal funds rate              
Interest spread in basis points (as a percent) 0.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementDollarDenominatedLoansMember
/ osk_DebtInstrumentVariableRateBaseAxis
= osk_DebtInstrumentVariableRateBaseFederalMember
             
Credit agreement - dollar-denominated loans | LIBOR                
Debt, current                
Variable rate basis one-month LIBOR              
Interest spread in basis points (as a percent) 1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= osk_SeniorSecuredCreditAgreementDollarDenominatedLoansMember
/ osk_DebtInstrumentVariableRateBaseAxis
= osk_DebtInstrumentVariableRateBaseLIBORMember
             
8.25 % Senior notes due March 2017                
Debt, current                
Debt instrument interest rate (as a percent)       8.25%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= osk_SeniorNotesEightPointTwoFivePercentDueMarch2017Member
       
Debt issued       250.0us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_DebtInstrumentAxis
= osk_SeniorNotesEightPointTwoFivePercentDueMarch2017Member
       
Dividend payment restriction under credit agreement                
Debt Instrument, Call Feature     1.04125          
8.5 % Senior notes due March 2020                
Long term debt                
Long term debt 250.0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= osk_SeniorNotesEightPointFivePercentDueMarch2020Member
      250.0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= osk_SeniorNotesEightPointFivePercentDueMarch2020Member
     
Debt, current                
Debt instrument interest rate (as a percent)       8.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= osk_SeniorNotesEightPointFivePercentDueMarch2020Member
8.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= osk_SeniorNotesEightPointFivePercentDueMarch2020Member
     
Debt issued       250.0us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_DebtInstrumentAxis
= osk_SeniorNotesEightPointFivePercentDueMarch2020Member
       
Dividend payment restriction under credit agreement                
Fair value of debt 262us-gaap_DebtInstrumentFairValue
/ us-gaap_DebtInstrumentAxis
= osk_SeniorNotesEightPointFivePercentDueMarch2020Member
             
5.375 % Senior notes due March 2022                
Long term debt                
Long term debt 250.0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= osk_A5.375SeniornotesdueMarch2022Domain
      250.0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= osk_A5.375SeniornotesdueMarch2022Domain
     
Debt, current                
Debt instrument interest rate (as a percent)         5.375%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= osk_A5.375SeniornotesdueMarch2022Domain
  5.375%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= osk_A5.375SeniornotesdueMarch2022Domain
 
Debt issued     250.0us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_DebtInstrumentAxis
= osk_A5.375SeniornotesdueMarch2022Domain
         
Dividend payment restriction under credit agreement                
Fair value of debt 255us-gaap_DebtInstrumentFairValue
/ us-gaap_DebtInstrumentAxis
= osk_A5.375SeniornotesdueMarch2022Domain
             
Subsequent Event [Member] | Revolving credit facility                
Debt, current                
Maximum borrowing capacity               $ 850us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember