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Revenue Recognition (Tables)
9 Months Ended
Jun. 30, 2019
Sales And Revenue Recognition [Abstract]  
Disaggregation of Revenue

The table below presents consolidated net sales disaggregated by segment and timing of revenue recognition (in millions):

 

 

 

Three Months Ended June 30, 2019

 

 

 

Access

equipment

 

 

Defense

 

 

Fire &

emergency

 

 

Commercial

 

 

Corporate and

Intersegment

Eliminations

 

 

Total

 

Point in time

 

$

1,231.1

 

 

$

0.5

 

 

$

319.9

 

 

$

176.5

 

 

$

(4.6

)

 

$

1,723.4

 

Over time

 

 

18.0

 

 

 

510.6

 

 

 

21.1

 

 

 

119.6

 

 

 

 

 

 

669.3

 

 

 

$

1,249.1

 

 

$

511.1

 

 

$

341.0

 

 

$

296.1

 

 

$

(4.6

)

 

$

2,392.7

 

 

 

 

Nine Months Ended June 30, 2019

 

 

 

Access

equipment

 

 

Defense

 

 

Fire &

emergency

 

 

Commercial

 

 

Corporate and

Intersegment

Eliminations

 

 

Total

 

Point in time

 

$

3,007.8

 

 

$

2.2

 

 

$

885.1

 

 

$

445.8

 

 

$

(14.7

)

 

$

4,326.2

 

Over time

 

 

55.4

 

 

 

1,459.7

 

 

 

34.6

 

 

 

310.4

 

 

 

 

 

 

1,860.1

 

 

 

$

3,063.2

 

 

$

1,461.9

 

 

$

919.7

 

 

$

756.2

 

 

$

(14.7

)

 

$

6,186.3

 

 

Schedule of Changes in Warranty Liability and Unearned Extended Warranty Premiums Changes in the Company’s service-type warranties were as follows (in millions):

  

 

Nine Months Ended

June 30,

 

 

 

2019

 

 

2018

 

Balance at beginning of period

 

$

30.7

 

 

$

30.8

 

Adoption of ASC 606

 

 

35.7

 

 

 

 

Deferred revenue for new service warranties

 

 

21.0

 

 

 

9.1

 

Amortization of deferred revenue

 

 

(18.8

)

 

 

(7.3

)

Changes in liability for pre-existing warranties, net

 

 

 

 

 

0.4

 

Foreign currency translation

 

 

(0.2

)

 

 

(0.3

)

Balance at end of period

 

$

68.4

 

 

$

32.7

 

 

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

 

 

 

Nine Months Ended

June 30,

 

 

 

2019

 

 

2018

 

Balance at beginning of period

 

$

75.3

 

 

$

68.0

 

Adoption of ASC 606

 

 

(14.4

)

 

 

 

Warranty provisions

 

 

37.5

 

 

 

41.7

 

Settlements made

 

 

(37.5

)

 

 

(36.7

)

Changes in liability for pre-existing warranties, net

 

 

1.2

 

 

 

(0.6

)

Foreign currency translation

 

 

(0.2

)

 

 

 

Balance at end of period

 

$

61.9

 

 

$

72.4