XML 133 R74.htm IDEA: XBRL DOCUMENT v3.19.3
RETIREMENT PLANS - Benefit Obligations, Plan Assets, Annual Expense, Assumptions and Other Information of the Company's Defined Benefit Pension Plans (Details) - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Amounts recognized in the Consolidated Balance Sheets consist of:    
Noncurrent assets $ 50.8 $ 44.0
Noncurrent liabilities (86.9) (75.7)
U.S. Plan | Defined Benefit Pension Plan    
Change in projected benefit obligation:    
Benefit obligation at beginning of year 100.1 110.0
Interest cost 3.5 3.1
Actuarial (gain) loss 11.6 (5.8)
Benefits paid (7.2) (7.2)
Projected benefit obligation at end of year 108.0 100.1
Accumulated benefit obligation at end of year 108.0 100.1
Change in plan assets:    
Fair value of plan assets at beginning of year 80.7 87.5
Actual return on plan assets 7.6 0.2
Employer contribution 0.2 0.2
Benefits paid (7.2) (7.2)
Fair value of plan assets at end of year 81.3 80.7
Unfunded status at end of year (26.7) (19.4)
Information for pension plans with an accumulated benefit obligation in excess of plan assets:    
Projected benefit obligation 108.0 100.1
Accumulated benefit obligation 108.0 100.1
Fair value of plan assets 81.3 80.7
Amounts recognized in the Consolidated Balance Sheets consist of:    
Noncurrent assets 0.0 0.0
Current liabilities (0.2) (0.2)
Noncurrent liabilities (26.5) (19.2)
Total amount accrued (26.7) (19.4)
Amounts recognized in accumulated other comprehensive loss consist of:    
Actuarial loss 44.4 37.9
Total amount recognized 44.4 37.9
Total change in other comprehensive loss attributable to:    
Pension benefit gain (loss) during the period (8.0) 1.3
Reclassification of pension benefit losses to net income 1.5 1.5
Prior service cost recognized during the period 0.0 0.0
Foreign currency translation 0.0 0.0
Total change in other comprehensive loss (6.5) $ 2.8
Amounts in accumulated other comprehensive loss expected to be recognized as components of net periodic benefit cost in fiscal 2020 are as follows:    
Actuarial loss 1.8  
Prior service cost 0.0  
Amount to be amortized into net periodic benefit cost $ 1.8  
Weighted average assumptions used in development of projected benefit obligation:    
Discount rate 2.77% 3.95%
International Plan | Defined Benefit Pension Plan    
Change in projected benefit obligation:    
Benefit obligation at beginning of year $ 175.0 $ 190.7
Interest cost 4.0 4.2
Actuarial (gain) loss 21.9 (6.8)
Benefits paid (7.3) (8.2)
Other 2.6  
Foreign currency translation (11.0) (4.9)
Projected benefit obligation at end of year 185.2 175.0
Accumulated benefit obligation at end of year 185.2 175.0
Change in plan assets:    
Fair value of plan assets at beginning of year 181.5 181.2
Actual return on plan assets 26.5 6.5
Employer contribution 7.4 7.7
Benefits paid (7.3) (8.2)
Foreign currency translation (11.5) (5.7)
Fair value of plan assets at end of year 196.6 181.5
Unfunded status at end of year 11.4 6.5
Information for pension plans with an accumulated benefit obligation in excess of plan assets:    
Projected benefit obligation 18.1 18.1
Accumulated benefit obligation 18.1 18.1
Fair value of plan assets 0.0 0.0
Amounts recognized in the Consolidated Balance Sheets consist of:    
Noncurrent assets 29.5 24.7
Current liabilities (0.9) (1.0)
Noncurrent liabilities (17.2) (17.2)
Total amount accrued 11.4 6.5
Amounts recognized in accumulated other comprehensive loss consist of:    
Actuarial loss 41.8 42.6
Prior service cost 2.5 0.0
Total amount recognized 44.3 42.6
Total change in other comprehensive loss attributable to:    
Pension benefit gain (loss) during the period (2.5) 5.9
Reclassification of pension benefit losses to net income 0.8 1.1
Prior service cost recognized during the period (2.6) 0.0
Foreign currency translation 2.6 1.2
Total change in other comprehensive loss (1.7) $ 8.2
Amounts in accumulated other comprehensive loss expected to be recognized as components of net periodic benefit cost in fiscal 2020 are as follows:    
Actuarial loss 0.9  
Prior service cost 0.1  
Amount to be amortized into net periodic benefit cost $ 1.0  
Weighted average assumptions used in development of projected benefit obligation:    
Discount rate 1.60% 2.57%