Discontinued Operations (Notes)

12 Months Ended

Sep. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

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

Discontinued Operations

Exit of Physical Base Metals Business

During fiscal 2013, the Company began an exit of its physical base metals business through the sale and orderly liquidation of then-current open positions. The exit of the physical base metals business was substantially completed by the end of fiscal 2013, including the termination of the physical base metals trading team and certain operational support personnel. The remaining open contract positions were fulfilled during fiscal 2014.Under existing accounting guidance, before the implementation of ASU 2014-08, the Company reclassified the physical base metals activities in the financial statements as discontinued operations for all periods presented. 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 (loss) income from discontinued operations for the years ended September 30, 2015, 2014, and 2013:

	Year Ended September 30,
(in millions)	2015		2014			2013
Total revenues from discontinued operations	$	—	$	40.9		$	1,275.0
Total cost of sales of physical commodities from discontinued operations	—		40.2			1,264.7
Operating revenues	$	—	$	0.7		$	10.3
(Loss) income from discontinued operations before income taxes	$	—	$	(0.5	)	$	1.4
Income tax benefit (expense)	—		0.2			(0.7		)
(Loss) income from discontinued operations, net of tax	$	—	$	(0.3	)	$	0.7