Fair Value Measurement (Tables)

3 Months Ended

Dec. 31, 2015

Financial Assets and Financial Liabilities that are Measured at Fair Value on a Recurring Basis

The following table presents on a gross basis our financial assets and liabilities including both current and noncurrent portions, that are measured at fair value on a recurring basis within the fair value hierarchy, as of December 31, 2015, September 30, 2015 and December 31, 2014:



	Asset (Liability)
	Level 1			Level 2			Level 3		Total
December 31, 2015:
Derivative instruments:
Assets:
Commodity contracts	$	19.7		$	10.8		$	—	$	30.5
Foreign currency contracts	$	—		$	25.4		$	—	$	25.4
Interest rate contracts	$	—		$	0.6		$	—	$	0.6
Cross-currency swaps	$	—		$	1.9		$	—	$	1.9
Liabilities:
Commodity contracts	$	(70.5	)	$	(97.5	)	$	—	$	(168.0	)
Interest rate contracts	$	—		$	(9.8	)	$	—	$	(9.8	)
Non-qualified supplemental postretirement grantor trust investments (a)	$	31.7		$	—		$	—	$	31.7
September 30, 2015:
Derivative instruments:
Assets:
Commodity contracts	$	17.4		$	11.6		$	—	$	29.0
Foreign currency contracts	$	—		$	29.1		$	—	$	29.1
Cross-currency swaps	$	—		$	0.4		$	—	$	0.4
Liabilities:
Commodity contracts	$	(70.0	)	$	(99.0	)	$	—	$	(169.0	)
Foreign currency contracts	$	—		$	(0.1	)	$	—	$	(0.1	)
Interest rate contracts	$	—		$	(10.8	)	$	—	$	(10.8	)
Non-qualified supplemental postretirement grantor trust investments (a)	$	30.3		$	—		$	—	$	30.3
December 31, 2014:
Derivative instruments:
Assets:
Commodity contracts	$	14.1		$	26.1		$	—	$	40.2
Foreign currency contracts	$	—		$	18.7		$	—	$	18.7
Interest rate contracts	$	—		$	0.1		$	—	$	0.1
Cross-currency swaps	$	—		$	4.3		$	—	$	4.3
Liabilities:
Commodity contracts	$	(69.4	)	$	(228.5	)	$	—	$	(297.9	)
Interest rate contracts	$	—		$	(17.0	)	$	—	$	(17.0	)
Non-qualified supplemental postretirement grantor trust investments (a)	$	31.4		$	—		$	—	$	31.4


(a)	Consists primarily of mutual fund investments held in grantor trusts associated with non-qualified supplemental retirement plans.