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Permanent Equity
 12 Months Ended
Sep. 30, 2013
Equity [Abstract]  
Permanent Equity
Permanent Equity
Accumulated Other Comprehensive Income
Accumulated other comprehensive income (loss) includes foreign currency translation gains and losses on assets and liabilities of foreign subsidiaries, effects of exchange rate changes on intercompany balances of a long-term nature and transactions designated as a hedge of a net investment in a foreign subsidiary, deferred gains and losses on derivative financial instruments designated as cash flow hedges, amortization of deferred gains and losses associated with the Company's pension plans and unrealized gains and losses on debt and equity securities held as available for sale, net of shadow adjustments to intangibles. The foreign currency translation gains and losses for the years ended September 30, 2013, 2012 and 2011 were primarily attributable to the impact of translation of the net assets of the Spectrum Brands’ European and Latin American operations, which primarily have functional currencies in Euros, Pounds Sterling, Mexican Peso and Brazilian Real. Except for gains and losses resulting from exchange rate changes on intercompany balances of a long-term nature, and prior to September 30, 2011, Spectrum Brands did not provide income taxes on currency translation adjustments, as earnings from international subsidiaries were considered to be permanently reinvested. As of the beginning of Fiscal 2012, Spectrum Brands is no longer considering current and future earnings from international subsidiaries to be permanently reinvested, except for locations where it is precluded by certain restrictions from repatriating earnings.
For information pertaining to the reclassification of unrealized gains and losses on derivative instruments, see Note 6, “Derivative Financial Instruments.”
For information pertaining to the reclassification of unrealized gains and losses on debt and equity securities held as available for sale, see Note 5, Investments, and Note 13, Goodwill and Intangible Assets, including DAC and VOBA, for the related shadow adjustments.
The cumulative amounts of the components of accumulated other comprehensive income reflected in the accompanying Consolidated Statements of Permanent Equity, as of September 30, 2013 and 2012, are as follows:
 
 
Unrealized
Investment
Gains, net
 
Non-credit
Related
Other-than-
temporary
Impairments
 
Other
Unrealized
Gains (Losses)
— Cash Flow
Hedges
 
Actuarial
Adjustments
to Pension
Plans
 
Cumulative
Translation
Adjustments
 
Total
Cumulative components at September 30, 2013:
 
 
 
 
 
 
 
 
 
 
 
 
Gross amounts (after reclassification adjustments)
 
$
235.7

 
$
(1.0
)
 
$
(2.6
)
 
$
(28.9
)
 
$
(10.3
)
 
$
192.9

Intangible assets adjustments
 
(63.2
)
 
0.4

 
—

 
—

 
—

 
(62.8
)
Tax effects
 
(61.1
)
 
0.2

 
0.3

 
(0.8
)
 
3.5

 
(57.9
)
Noncontrolling interest
 
—

 
—

 
0.9

 
11.9

 
2.7

 
15.5

 
 
$
111.4

 
$
(0.4
)
 
$
(1.4
)
 
$
(17.8
)
 
$
(4.1
)
 
$
87.7

Cumulative components at September 30, 2012:
 
 
 
 
 
 
 
 
 
 
 
 
Gross amounts (after reclassification adjustments)
 
$
1,059.6

 
$
(1.0
)
 
$
0.3

 
$
(39.9
)
 
$
(3.7
)
 
$
1,015.3

Intangible assets adjustments
 
(390.5
)
 
0.4

 
—

 
—

 
—

 
(390.1
)
Tax effects
 
(234.2
)
 
0.2

 
(0.1
)
 
4.4

 
3.5

 
(226.2
)
Noncontrolling interest
 
—

 
—

 
(0.1
)
 
14.2

 
0.1

 
14.2

 
 
$
434.9

 
$
(0.4
)
 
$
0.1

 
$
(21.3
)
 
$
(0.1
)
 
$
413.2



Restricted Net Assets of Subsidiaries
HGI’s equity in restricted net assets of consolidated subsidiaries was approximately $1,646.8 as of September 30, 2013, representing 227.2% of HGI’s consolidated stockholders’ equity as of September 30, 2013 and consisted of net assets of FGL and Spectrum Brands, less noncontrolling interest, which were restricted as to transfer to HGI in the form of cash dividends, loans or advances under regulatory or debt covenant restrictions.