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Segment Information | 12 Months Ended
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Sep. 30, 2014
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | Segment Information Our operations consist of two business segments: Mueller Co. and Anvil. These segments are organized primarily based on products sold and customers served and are consistent with how the segments are managed, how resources are allocated and how information is used by the chief operating decision maker. Mueller Co. manufactures valves for water and gas systems including butterfly, iron gate, tapping, check, knife, plug and ball valves, dry-barrel and wet-barrel fire hydrants and metering, leak detection, pipe condition assessment and other products and services for the water infrastructure industry. Anvil manufactures and sources a broad range of products including a variety of fittings, couplings, hangers and related products. Segment results are not reflective of their results on a stand-alone basis. Intersegment sales and transfers are made at selling prices generally intended to cover costs. The determination of segment results excludes certain corporate expenses designated as Corporate because they are not directly attributable to segment operations. Consolidated interest, loss on early extinguishment of debt and income taxes are not allocated to the segments. Corporate expenses include those costs incurred by our corporate function, such as accounting, treasury, risk management, human resources, legal, tax and other administrative functions and also costs associated with assets and liabilities retained following the sale of U.S. Pipe. Corporate assets principally consist of cash, income tax assets, assets related to the sale of our former U.S. Pipe segment and deferred financing fees. Segment assets consist primarily of receivables, inventories, property, plant and equipment and intangible assets. Geographical area information is presented below.
| United States |  | Canada |  | Other |  | Total
| (in millions)
Net sales: |  |  |  |  |  |  |
2014 | $ | 1,040.7 |  |  | $ | 101.0 |  |  | $ | 43.0 |  |  | $ | 1,184.7 |
2013 | 971.0 |  |  | 101.5 |  |  | 48.3 |  |  | 1,120.8 |
2012 | 872.3 |  |  | 112.4 |  |  | 39.2 |  |  | 1,023.9 |
Property, plant and equipment, net: |  |  |  |  |  |  |
September 30, 2014 | $ | 138.5 |  |  | $ | 4.3 |  |  | $ | 3.5 |  |  | $ | 146.3 |
September 30, 2013 | 133.6 |  |  | 4.7 |  |  | 3.6 |  |  | 141.9 |
Approximately 39% of our 2014 gross sales were to our 10 largest customers, and approximately 24% of our 2014 gross sales were to our two largest customers, Ferguson Enterprises, Inc. (“Ferguson Enterprises”) and HD Supply, Inc. (“HD Supply”). Sales to Ferguson Enterprises comprised approximately 13%, 12% and 12% of our total gross sales during 2014, 2013 and 2012, respectively. In 2014, Ferguson Enterprises accounted for approximately 16% and 8% of gross sales for Mueller Co and Anvil, respectively. Receivables from Ferguson Enterprises totaled $25.7 million and $22.9 million at September 30, 2014 and 2013, respectively. Sales to HD Supply comprised approximately 11%, 11% and 10% of our total gross sales during 2014, 2013, and 2012, respectively. In 2014, HD Supply accounted for approximately 15% and 4% of gross sales for Mueller Co. and Anvil, respectively. Receivables from HD Supply totaled $17.7 million and $24.4 million at September 30, 2014 and 2013, respectively. Summarized financial information for our segments is presented below.
| Mueller Co. |  | Anvil |  | Corporate |  | Total
| (in millions)
Net sales, excluding intercompany: |  |  |  |  |  |  |
2014 | $ | 783.3 |  |  | $ | 401.4 |  |  | $ | — |  |  | $ | 1,184.7 |
2013 | 729.5 |  |  | 391.3 |  |  | — |  |  | 1,120.8 |
2012 | 652.4 |  |  | 371.5 |  |  | — |  |  | 1,023.9 |
Intercompany sales: |  |  |  |  |  |  |
2014 | $ | 6.7 |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | 6.8 |
2013 | 7.4 |  |  | 0.1 |  |  | — |  |  | 7.5 |
2012 | 7.3 |  |  | 0.1 |  |  | — |  |  | 7.4 |
Operating income (loss): |  |  |  |  |  |  |
2014 | $ | 122.3 |  |  | $ | 41.3 |  |  | $ | (39.5 | ) |  | $ | 124.1 |
2013 | 91.3 |  |  | 40.2 |  |  | (34.2 | ) |  | 97.3 |
2012 | 57.7 |  |  | 37.3 |  |  | (30.9 | ) |  | 64.1 |
Depreciation and amortization: |  |  |  |  |  |  |
2014 | $ | 42.1 |  |  | $ | 14.2 |  |  | $ | 0.4 |  |  | $ | 56.7 |
2013 | 44.6 |  |  | 14.2 |  |  | 0.4 |  |  | 59.2 |
2012 | 45.7 |  |  | 14.3 |  |  | 0.6 |  |  | 60.6 |
Restructuring: |  |  |  |  |  |  |
2014 | $ | 2.2 |  |  | $ | 0.9 |  |  | $ | — |  |  | $ | 3.1 |
2013 | 1.5 |  |  | 0.1 |  |  | (0.1 | ) |  | 1.5 |
2012 | 2.5 |  |  | 0.3 |  |  | — |  |  | 2.8 |
Capital expenditures: |  |  |  |  |  |  |
2014 | $ | 24.9 |  |  | $ | 11.6 |  |  | $ | 0.4 |  |  | $ | 36.9 |
2013 | 24.0 |  |  | 12.3 |  |  | 0.2 |  |  | 36.5 |
2012 | 20.0 |  |  | 11.4 |  |  | — |  |  | 31.4 |
Total assets: |  |  |  |  |  |  |
September 30, 2014 | $ | 835.8 |  |  | $ | 263.9 |  |  | $ | 217.4 |  |  | $ | 1,317.1 |
September 30, 2013 | 846.8 |  |  | 259.6 |  |  | 175.5 |  |  | 1,281.9 |
Intangible assets, net: |  |  |  |  |  |  |
September 30, 2014 | $ | 475.7 |  |  | $ | 57.9 |  |  | $ | — |  |  | $ | 533.6 |
September 30, 2013 | 491.6 |  |  | 61.5 |  |  | — |  |  | 553.1 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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