Discontinued Operations (Notes)

12 Months Ended

Sep. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

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

Discontinued Operations

Exit of Physical Base Metals Business

During fiscal 2014, the Company completed its exit of the physical base metals business, that began in fiscal 2013, through the sale and orderly liquidation of then-current open positions. 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 from discontinued operations for the years ended September 30, 2016, 2015, and 2014:

	Year Ended September 30,
(in millions)	2016		2015		2014
Revenues from discontinued operations	$	—	$	—	$	40.9
Cost of sales of physical commodities from discontinued operations	—		—		40.2
Operating revenues	$	—	$	—	$	0.7
Loss from discontinued operations before income taxes	$	—	$	—	$	(0.5	)
Income tax benefit	—		—		0.2
Loss from discontinued operations, net of tax	$	—	$	—	$	(0.3	)