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Discontinued Operations, Assets Held for Sale and Divestitures
12 Months Ended
Sep. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations, Assets Held for Sale and Divestitures
Divestiture
On January 6, 2017, we sold Anvil to affiliates of One Equity Partners for cash proceeds of $305.7 million and the agreement by the purchaser to reimburse us for expenditures to settle certain previously existing liabilities.
The table below presents a summary of the sale of Anvil, in millions.
Gross cash proceeds
$
305.7

Noncash proceeds
1.9

Total proceeds
307.6

Transaction expenses
(8.3
)
Net proceeds
299.3

Assets and liabilities disposed
(189.8
)
Gain on sale, pre-tax
109.5

Income tax
(41.6
)
Gain on sale, net of tax
$
67.9