Business Segment Information (Tables)

9 Months Ended

Jun. 30, 2015

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 June 30,
	2015								2014
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Access equipment
Aerial work platforms	$	542.7	$	—		$	542.7		$	558.1	$	—		$	558.1
Telehandlers	221.4		—			221.4			324.4		—			324.4
Other	168.5		—			168.5			156.7		—			156.7
Total access equipment	932.6		—			932.6			1,039.2		—			1,039.2
Defense	191.1		3.1			194.2			470.6		0.1			470.7
Fire & emergency	195.0		4.8			199.8			177.5		10.0			187.5
Commercial
Concrete placement	158.0		—			158.0			138.0		—			138.0
Refuse collection	103.6		—			103.6			73.5		—			73.5
Other	32.0		0.4			32.4			33.6		2.2			35.8
Total commercial	293.6		0.4			294.0			245.1		2.2			247.3
Intersegment eliminations	—		(8.3		)	(8.3		)	—		(12.3		)	(12.3		)
Consolidated sales	$	1,612.3	$	—		$	1,612.3		$	1,932.4	$	—		$	1,932.4

	Nine Months Ended June 30,
	2015								2014
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Access equipment
Aerial work platforms	$	1,252.5	$	—		$	1,252.5		$	1,295.6	$	—		$	1,295.6
Telehandlers	891.5		—			891.5			841.8		—			841.8
Other	487.1		—			487.1			436.4		—			436.4
Total access equipment	2,631.1		—			2,631.1			2,573.8		—			2,573.8
Defense	617.9		4.3			622.2			1,436.2		0.2			1,436.4
Fire & emergency	549.1		20.6			569.7			513.4		28.2			541.6
Commercial
Concrete placement	355.1		—			355.1			313.1		—			313.1
Refuse collection	269.9		—			269.9			214.9		—			214.9
Other	96.7		3.4			100.1			89.1		5.1			94.2
Total commercial	721.7		3.4			725.1			617.1		5.1			622.2
Intersegment eliminations	—		(28.3		)	(28.3		)	—		(33.5		)	(33.5		)
Consolidated sales	$	4,519.8	$	—		$	4,519.8		$	5,140.5	$	—		$	5,140.5

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

	Three Months Ended   June 30,						Nine Months Ended   June 30,
	2015			2014			2015			2014
Operating income (loss):
Access equipment	$	136.4		$	166.8		$	350.5		$	373.7
Defense	(7.1		)	19.1			(9.3		)	78.4
Fire & emergency	9.6			6.2			20.1			14.1
Commercial	22.4			19.9			43.4			35.5
Corporate	(24.7		)	(37.7		)	(92.8		)	(111.4		)
Intersegment eliminations	—			—			0.1			(0.1		)
Consolidated	136.6			174.3			312.0			390.2
Interest expense, net of interest income	(12.6		)	(13.7		)	(54.4		)	(55.9		)
Miscellaneous other income (expense)	(0.2		)	0.8			(0.2		)	(0.4		)
Income before income taxes and equity in earnings (losses) of unconsolidated affiliates	$	123.8		$	161.4		$	257.4		$	333.9

Schedule of identifiable assets by business segments and by geographical segments

	June 30,		September 30,
	2015		2014
Identifiable assets:
Access equipment:
U.S.	$	2,242.3	$	1,937.0
Europe (a)	549.5		727.5
Rest of the World	222.3		251.4
Total access equipment	3,014.1		2,915.9
Defense:
U.S.	427.2		275.1
Rest of the World	1.5		—
Total defense	428.7		275.1
Fire & emergency - U.S.	507.0		527.0
Commercial:
U.S.	424.7		394.5
Rest of the World (a)	35.8		35.5
Total commercial	460.5		430.0
Corporate:
U.S.	245.4		398.0
Rest of the World	73.5		40.7
Total corporate	318.9		438.7
Consolidated	$	4,729.2	$	4,586.7

_________________________

^(a)  Includes investments in unconsolidated affiliates.

Schedule of net sales by geographical segments

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

	Nine Months Ended June 30,
	2015		2014
Net sales:
United States	$	3,584.7	$	3,940.6
Other North America	226.3		268.4
Europe, Africa and Middle East	371.2		534.0
Rest of the World	337.6		397.5
Consolidated	$	4,519.8	$	5,140.5