Business Segment Information (Tables)

9 Months Ended

Jun. 30, 2017

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,
	2017								2016
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Access equipment
Aerial work platforms	$	583.1	$	—		$	583.1		$	511.4	$	—		$	511.4
Telehandlers	202.9		—			202.9			266.6		—			266.6
Other	194.2		—			194.2			174.5		—			174.5
Total access equipment	980.2		—			980.2			952.5		—			952.5
Defense	482.2		0.5			482.7			264.0		0.3			264.3
Fire & emergency	278.9		4.0			282.9			244.2		4.3			248.5
Commercial
Concrete placement	158.5		—			158.5			164.6		—			164.6
Refuse collection	107.8		—			107.8			96.5		—			96.5
Other	27.3		1.6			28.9			25.7		1.1			26.8
Total commercial	293.6		1.6			295.2			286.8		1.1			287.9
Corporate and intersegment eliminations	2.0		(6.1		)	(4.1		)	—		(5.7		)	(5.7		)
Consolidated	$	2,036.9	$	—		$	2,036.9		$	1,747.5	$	—		$	1,747.5

	Nine Months Ended June 30,
	2017								2016
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Access equipment
Aerial work platforms	$	1,186.2	$	—		$	1,186.2		$	1,128.5	$	—		$	1,128.5
Telehandlers	457.8		—			457.8			593.1		—			593.1
Other	548.6		—			548.6			515.0		—			515.0
Total access equipment	2,192.6		—			2,192.6			2,236.6		—			2,236.6
Defense	1,222.1		1.2			1,223.3			877.7		1.6			879.3
Fire & emergency	741.5		11.4			752.9			686.8		9.6			696.4
Commercial
Concrete placement	355.6		—			355.6			348.2		—			348.2
Refuse collection	279.1		—			279.1			295.0		—			295.0
Other	71.1		4.6			75.7			79.5		2.2			81.7
Total commercial	705.8		4.6			710.4			722.7		2.2			724.9
Corporate and intersegment eliminations	4.6		(17.2		)	(12.6		)	—		(13.4		)	(13.4		)
Consolidated	$	4,866.6	$	—		$	4,866.6		$	4,523.8	$	—		$	4,523.8

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

	Three Months Ended   June 30,						Nine Months Ended June 30,
	2017			2016			2017			2016
Operating income (loss):
Access equipment	$	130.2		$	122.1		$	196.7		$	218.2
Defense	62.4			19.1			134.9			70.1
Fire & emergency	30.8			19.7			69.6			44.7
Commercial	21.6			23.8			32.2			49.9
Corporate	(33.1		)	(37.9		)	(104.9		)	(114.4		)
Intersegment eliminations	—			—			—			—
Consolidated	211.9			146.8			328.5			268.5
Interest expense, net of interest income	(13.9		)	(15.3		)	(41.9		)	(44.5		)
Miscellaneous other income (expense)	0.6			0.8			3.1			(0.2		)
Income before income taxes and equity in earnings of unconsolidated affiliates	$	198.6		$	132.3		$	289.7		$	223.8

Schedule of identifiable assets by business segments and by geographical segments

	June 30,		September 30,
	2017		2016
Identifiable assets:
Access equipment:
U.S.	$	2,032.7	$	1,856.0
Europe	520.7		521.5
Rest of the World	238.6		193.7
Total access equipment	2,792.0		2,571.2
Defense:
U.S.	698.1		522.2
Rest of the World	3.6		3.0
Total defense	701.7		525.2
Fire & emergency - U.S.	559.2		522.7
Commercial:
U.S.	395.2		358.4
Rest of the World	42.4		33.4
Total commercial	437.6		391.8
Corporate:
U.S. (a)	497.6		408.3
Rest of the World (b)	104.5		94.6
Total corporate	602.1		502.9
Consolidated	$	5,092.6	$	4,513.8

_________________________

^(a)  Primarily includes cash and short-term investments.

^(b)  Primarily includes a corporate-led manufacturing facility that supports multiple operating segments.

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,
	2017		2016
Net sales:
United States	$	3,714.9	$	3,492.5
Other North America	137.8		177.8
Europe, Africa and Middle East	742.9		558.2
Rest of the World	271.0		295.3
Consolidated	$	4,866.6	$	4,523.8