Discontinued Operations (Notes)

3 Months Ended

Dec. 31, 2014

Discontinued Operations [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

Discontinued Operations

Exit of Physical Base Metals Business

During the second quarter of fiscal 2013, as a result of a change in management strategy in the Company’s base metals product line, the Company elected to pursue an exit of its physical base metals business. The Company completed the exit of the physical base metals business during the second fiscal quarter of 2014.Under existing accounting guidance, before the implementation of ASU 2014-08, the Company has reclassified the physical base metals activities in the financial statements as discontinued operations for all periods presented. The physical base metals business was previously included in the Commodity and Risk Management Services segment (see Note 19 – Segment Analysis). The Company continues to operate the portion of its base metals business related to non-physical assets, conducted primarily through the London Metals Exchange.

Summarized below are the components of the Company’s income from discontinued operations for the three months ended December 31, 2014 and 2013:

	Three Months Ended December 31,
(in millions)	2014		2013
Total revenues from discontinued operations	$	—	$	29.3
Total cost of sales of physical commodities from discontinued operations	—		28.8
Operating revenues	$	—	$	0.5
Income from discontinued operations before income taxes	$	—	$	0.1
Income tax benefit (expense)	—		—
Income from discontinued operations, net of tax	$	—	$	0.1