XML 40 R47.htm IDEA: XBRL DOCUMENT v3.2.0.727

Income Taxes (Tables)

12 Months Ended

Sep. 30, 2014

Income Taxes

Schedule of income tax expense (benefit) on continuing operations

		Fiscal Year Ended
		September 30, 2014			September 30, 2013			September 30, 2012
		(in millions)
Current:
Federal		$	5.3		$	30.3		$	29.3
State			3.3			9.9			2.1
Foreign			46.3			59.7			63.3
Total current income tax expense			54.9			99.9			94.7
Deferred:
Federal			27.7			5.8			(19.2	)
State			5.6			(10.6	)		0.6
Foreign			(6.2	)		(2.5	)		(1.7	)
Total deferred income tax expense (benefit)			27.1			(7.3	)		(20.3	)
Total income tax expense		$	82.0		$	92.6		$	74.4

Major elements contributing to the difference between the U.S. federal statutory rate of 35.0% and the effective tax rate

		Fiscal Year Ended
		September 30, 2014						September 30, 2013						September 30, 2012
		Amount			%			Amount			%			Amount			%
		(in millions)
Tax at federal statutory rate		$	110.2			35.0	%	$	117.5			35.0	%	$	6.1			35.0	%
State income tax, net of federal benefit			5.0			1.6			2.5			0.7			1.1			6.3
U.S. income tax credits and incentives			(3.5	)		(1.1	)		(10.8	)		(3.2	)		(2.9	)		(16.6	)
Foreign tax rate differential			(22.5	)		(7.2	)		(9.9	)		(2.9	)		(25.4	)		(145.1	)
Foreign Research and Experimentation credits			(3.6	)		(1.1	)		(3.9	)		(1.1	)		(5.8	)		(33.3	)
Goodwill impairment			—			—			—			—			101.1			578.3
Change in uncertain tax positions			(4.5	)		(1.4	)		(7.3	)		(2.2	)		(4.1	)		(23.4	)
Valuation allowance			6.3			2.0			1.6			0.5			0.5			2.7
Domestic production activities deduction			(11.7	)		(3.7	)		(2.6	)		(0.8	)		(1.2	)		(6.8	)
Nondeductible transaction costs			2.8			0.9			—			—			1.3			7.6
Other items, net			3.5			1.1			5.5			1.6			3.7			21.0
Total income tax expense		$	82.0			26.1	%	$	92.6			27.6	%	$	74.4			425.7	%

Schedule of deferred tax assets (liabilities)

		Fiscal Year Ended
		September 30, 2014			September 30, 2013
		(in millions)
Deferred tax assets:
Compensation and benefit accruals not currently deductible		$	65.5		$	74.7
Net operating loss carry forwards			69.3			58.1
Self insurance reserves			48.8			54.7
Research and Experimentation and other tax credits			34.2			38.3
Pension liability			59.4			58.5
Accrued liabilities			63.7			56.1
Investments in joint ventures/non-controlled subsidiaries			20.7			13.9
State taxes			1.5			0.9
Other			4.0			4.2
Total deferred tax assets			367.1			359.4
Deferred tax liabilities:
Unearned revenue			(122.9	)		(139.3	)
Depreciation and amortization			(59.2	)		(20.1	)
Acquired intangible assets			(14.8	)		(15.8	)
Total deferred tax liabilities			(196.9	)		(175.2	)
Valuation allowance			(27.1	)		(20.8	)
Net deferred tax assets		$	143.1		$	163.4

Reconciliation of the beginning and ending amount of gross unrecognized tax benefits

		Fiscal Year Ended
		September 30, 2014			September 30, 2013
		(in millions)
Balance at the beginning of the year		$	53.7		$	55.8
Gross increase in prior years' tax positions			3.3			7.2
Gross decrease in prior years' tax positions			(7.6	)		(5.6	)
Decrease due to settlement with tax authorities			(2.0	)		(1.6	)
Gross increase in current period's tax positions			2.2			3.8
Lapse of statute of limitations			(2.1	)		(5.9	)
Balance at the end of the year		$	47.5		$	53.7

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 740



-SubTopic 10



-Section 50



-Paragraph 9



-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 740



-SubTopic 10



-Section 50



-Paragraph 2



-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 740



-SubTopic 10



-Section 50



-Paragraph 12



-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 740



-SubTopic 10



-Section 50



-Paragraph 15



-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

+ Details

Name:	us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration