XML 86 R90.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidating Guarantor and Non-Guarantor Financial Information (Schedule Of Consolidating Balance Sheet) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2011
Consolidating Guarantor and Non-Guarantor Financial Information [Text Block]
The following information is included as a result of the guarantee by certain of our 100% owned U.S. subsidiaries (“Guarantor Companies”) of the Senior Unsecured Notes and the Senior Subordinated Notes. None of our other subsidiaries or our industrial valve joint venture guarantee the Senior Unsecured Notes and the Senior Subordinated Notes. Each of the guarantees is joint and several and full and unconditional. Guarantor Companies are listed below.
Name
 
State of
incorporation
or organization
 
 
 
Anvil International, LLC
 
Delaware
Echologics, LLC
 
Delaware
Henry Pratt Company, LLC
 
Delaware
Henry Pratt International, LLC
 
Delaware
Hydro Gate, LLC
 
Delaware
J.B. Smith Mfg. Co., LLC
 
Delaware
James Jones Company, LLC
 
Delaware
Milliken Valve, LLC
 
Delaware
Mueller Co. LLC
 
Delaware
Mueller Group, LLC
 
Delaware
Mueller Group Co-Issuer, Inc.
 
Delaware
Mueller International, L.L.C.
 
Delaware
Mueller Property Holdings, LLC
 
Delaware
Mueller Co. International Holdings, LLC
 
Delaware
Mueller Service California, Inc.
 
Delaware
Mueller Service Co., LLC
 
Delaware
Mueller Systems, LLC
 
Delaware
OSP, LLC
 
Delaware
U.S. Pipe Valve & Hydrant, LLC
 
Delaware
     
Assets:        
Cash and cash equivalents $ 161.1 $ 123.6 $ 83.0 $ 61.0
Receivables, net 182.1 164.5    
Inventories 198.0 208.5    
Deferred income taxes 38.6 26.7    
Other current assets 44.1 46.1    
Total current assets 623.9 569.4    
Intercompany debits    0    
Property, plant and equipment 146.3 141.9    
Identifiable intangible assets 533.6 553.1    
Other noncurrent assets 13.3 17.5    
Equity Method Investment, Aggregate Cost 0 0    
Total assets 1,317.1 1,281.9    
Liabilities and equity:        
Accounts payable 116.0 101.2    
Other current liabilities 82.2 80.6    
Total current liabilities 244.4 183.1    
Long-term debt 499.4 599.5    
Deferred income taxes 150.4 141.5    
Other noncurrent liabilities 71.3 29.6    
Intercompany accounts 0 0    
Total liabilities 965.5 953.7    
Equity 351.6 328.2 231.2 379.0
Total liabilities and equity 1,317.1 1,281.9    
Current portion of long-term debt 46.2 1.3    
Issuer [Member]
       
Assets:        
Cash and cash equivalents 125.5 86.6 53.3 36.2
Receivables, net 0.1 0.1    
Inventories 0 0    
Deferred income taxes 38.0 26.3    
Other current assets 16.5 18.2    
Total current assets 180.1 131.2    
Intercompany debits 882.7 882.7    
Property, plant and equipment 1.5 1.5    
Identifiable intangible assets 0 0    
Other noncurrent assets 11.7 16.0    
Equity Method Investment, Aggregate Cost 263.2 155.2    
Total assets 1,339.2 1,186.6    
Liabilities and equity:        
Accounts payable 4.5 4.6    
Other current liabilities 29.9 29.7    
Total current liabilities 79.4 34.3    
Long-term debt 498.3 598.0    
Deferred income taxes 149.9 140.9    
Other noncurrent liabilities 63.8 21.3    
Intercompany accounts (196.2) (63.9)    
Total liabilities 987.6 858.4    
Equity 351.6 328.2    
Total liabilities and equity 1,339.2 1,186.6    
Current portion of long-term debt 45.0 0    
Guarantor Companies [Member]
       
Assets:        
Cash and cash equivalents (2.1) (2.3) (3.7) (3.8)
Receivables, net 166.4 150.4    
Inventories 187.4 195.3    
Deferred income taxes 0 0    
Other current assets 26.0 25.7    
Total current assets 377.7 369.1    
Intercompany debits    0    
Property, plant and equipment 137.0 132.0    
Identifiable intangible assets 531.6 551.3    
Other noncurrent assets 0.3 0.2    
Equity Method Investment, Aggregate Cost 41.3 39.2    
Total assets 1,087.9 1,091.8    
Liabilities and equity:        
Accounts payable 105.0 90.0    
Other current liabilities 48.9 46.6    
Total current liabilities 155.1 137.9    
Long-term debt 1.1 1.5    
Deferred income taxes 0 0    
Other noncurrent liabilities 6.5 7.5    
Intercompany accounts (662.0) (789.7)    
Total liabilities 824.7 936.6    
Equity 263.2 155.2    
Total liabilities and equity 1,087.9 1,091.8    
Current portion of long-term debt 1.2 1.3    
Non-Guarantor Companies [Member]
       
Assets:        
Cash and cash equivalents 37.7 39.3 33.4 28.6
Receivables, net 15.6 14.0    
Inventories 10.6 13.2    
Deferred income taxes 0.6 0.4    
Other current assets 1.6 2.2    
Total current assets 66.1 69.1    
Intercompany debits    0    
Property, plant and equipment 7.8 8.4    
Identifiable intangible assets 2.0 1.8    
Other noncurrent assets 1.3 1.3    
Equity Method Investment, Aggregate Cost 0 0    
Total assets 77.2 80.6    
Liabilities and equity:        
Accounts payable 6.5 6.6    
Other current liabilities 3.4 4.3    
Total current liabilities 9.9 10.9    
Long-term debt 0 0    
Deferred income taxes 0.5 0.6    
Other noncurrent liabilities 1.0 0.8    
Intercompany accounts (24.5) (29.1)    
Total liabilities 35.9 41.4    
Equity 41.3 39.2    
Total liabilities and equity 77.2 80.6    
Current portion of long-term debt 0 0    
Consolidation, Eliminations [Member]
       
Assets:        
Cash and cash equivalents 0 0 0 0
Receivables, net 0 0    
Inventories 0 0    
Deferred income taxes 0 0    
Other current assets 0 0    
Total current assets 0 0    
Intercompany debits (882.7) (882.7)    
Property, plant and equipment 0 0    
Identifiable intangible assets 0 0    
Other noncurrent assets 0 0    
Equity Method Investment, Aggregate Cost (304.5) (194.4)    
Total assets (1,187.2) (1,077.1)    
Liabilities and equity:        
Accounts payable 0 0    
Other current liabilities 0 0    
Total current liabilities 0 0    
Long-term debt 0 0    
Deferred income taxes 0 0    
Other noncurrent liabilities 0 0    
Intercompany accounts 882.7 882.7    
Total liabilities (882.7) (882.7)    
Equity (304.5) (194.4)    
Total liabilities and equity (1,187.2) (1,077.1)    
Current portion of long-term debt $ 0 $ 0