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Discontinued Operations, Assets Held for Sale and Divestitures (Tables)
12 Months Ended
Sep. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Group, Details of Gain on Sale [Table Text Block] 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

Schedule of Discontinued Operations Income (Loss) [Table Text Block] The table below presents a summary of the operating results for the Anvil discontinued operations. These operating results do not reflect what they would have been had Anvil not been classified as discontinued operations.
 
2017
 
2016
 
(in millions)
Net sales
$
83.1

 
$
338.3

Cost of sales
62.8

 
241.9

Gross profit
20.3

 
96.4

Operating expenses:
 
 
 
Selling, general and administrative
17.2

 
67.6

Other charges
0.2

 
1.1

Total operating expenses
17.4

 
68.7

Operating income
2.9

 
27.7

Interest expense, net

 

Income before income taxes
2.9

 
27.7

Income tax expense
1.8

 
8.9

 
1.1


18.8

Gain on sale, net of tax
67.9

 

Income from discontinued operations
$
69.0

 
$
18.8