Retirement and Other Benefit Plans (Tables)

12 Months Ended

Sep. 30, 2016

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule Of Reconciliation Of Benefit Obligation

(Dollars in millions)
Reconciliation of benefit obligation	2016		2015
Net benefit obligation at beginning of year	$	93.6		92.5
Interest cost		3.9		3.8
Actuarial loss		11.1		4.5
Gross benefits paid		(7.8)		(7.2)
Settlements		(0.2)		–
Net benefit obligation at end of year	$	100.6		93.6

Schedule Of Reconciliation Of Fair Value Of Plan Assets

(Dollars in millions)
Reconciliation of fair value of plan assets	2016		2015
Fair value of plan assets at beginning of year	$	63.0		73.0
Actual return on plan assets		5.1		(3.7)
Employer contributions		0.5		0.9
Gross benefits paid		(7.8)		(7.2)
Settlements		(0.2)		–
Fair value of plan assets at end of year	$	60.6		63.0

Schedule Of Funded Status

(Dollars in millions)
Funded Status	2016		2015
Funded status at end of year	$	(40.0)		(30.6)
Accrued benefit cost		(40.0)		(30.6)
Amounts recognized in the Balance Sheet consist of:
Current liability		(0.2)		(0.2)
Noncurrent liability		(39.8)		(30.4)
Accumulated other comprehensive (income)/loss (before tax effect)		56.0		47.6
Amounts recognized in accumulated other comprehensive (income)/loss consist of:
Net actuarial loss		56.0		47.6
Accumulated other comprehensive (income)/loss (before tax effect)	$	56.0		47.6

Schedule Of Components Of Net Periodic Benefit Cost For Plans

The following table provides the components of net periodic benefit cost for the plans for 2016, 2015 and 2014:

(Dollars in millions)	2016		2015		2014
Service cost	$	–		–		–
Interest cost		3.9		3.8		4.0
Expected return on plan assets		(4.4)		(4.5)		(4.4)
Net actuarial loss		2.0		1.8		1.6
Settlement gain		–		–		–
Net periodic benefit cost		1.5		1.1		1.2
Defined contribution plans		3.5		3.4		3.3
Total	$	5.0		4.5		4.5

Schedule Of Asset Allocation For Pension Plans Acceptable Range And Target Allocation By Asset Category

The asset allocation for the Company’s pension plans at the end of 2016 and 2015, the Company’s acceptable range and the target allocation for 2017, by asset category, are as follows:

	Target						Percentage of Plan Assets
	Allocation			Acceptable			at Year-end
Asset Category	2017			Range			2016			2015
Return seeking		60	%		55-65	%		59	%		62	%
Liability hedging		40	%		35-45	%		38	%		37	%
Cash/cash equivalents		–			0-5	%		3	%		1	%

Schedule Of Fair Value Of Financial Measurements

The fair values of the Company’s defined benefit plan investments as of September 30, 2016 and 2015, by asset category, were as follows:

(Dollars in millions)	2016		2015
Investments at fair value:
Cash and cash equivalents	$	1.6		0.8
Common and preferred stock funds:
Domestic large capitalization		8.9		9.9
Domestic small/mid capitalization		2.7		3.3
International funds		12.3		13.5
Fixed income funds		30.6		31.1
Real estate investment funds		4.5		4.4
Total investments at fair value	$	60.6		63.0

Schedule Of Expected Benefit Payments

Information about the expected cash flows for the pension and other postretirement benefit plans follows:

	Pension		Other
(Dollars in millions)	Benefits		Benefits
Expected Employer Contributions — 2017	$	2.9		0.1
Expected Benefit Payments:
2017		4.8		0.1
2018		4.9		0.1
2019		5.1		0.1
2020		5.7		0.1
2021		5.4		0.1
2022-2026	$	28.9		0.4

Net Periodic Benefit Cost [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule Of Weighted-Average Assumptions Used To Determine The Net Periodic Benefit Cost For Pension Plans

The following weighted-average assumptions were used to determine the net periodic benefit obligations for the pension plans:

	2016			2015
Discount rate		3.25	%		4.25	%
Rate of increase in compensation levels		N/A			N/A

Net Periodic Benefit Obligations [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule Of Weighted-Average Assumptions Used To Determine The Net Periodic Benefit Cost For Pension Plans

The following weighted-average assumptions were used to determine the net periodic benefit cost for the pension plans:

	2016			2015			2014
Discount rate		4.25	%		4.25	%		4.75	%
Rate of increase in compensation levels		N/A			N/A			N/A
Expected long-term rate of return on assets		6.75	%		6.75	%		7.00	%