XML 183 R66.htm IDEA: XBRL DOCUMENT v2.4.0.8
Restructuring and related charges (Tables)
12 Months Ended
Sep. 30, 2013
Restructuring and Related Activities [Abstract]  
Summarization of Restructuring and Related Charges
The following table summarizes restructuring and related charges incurred by the Global Expense Rationalization Initiatives and the Global Cost Reduction Initiatives, as well as other initiatives which were not significant, for the year ended September 30, 2013 and September 30, 2012 and where those charges are classified in the accompanying Consolidated Statements of Operations:
 
 
Year ended September 30,
 
 
 
 
 
 
 
 
 
 
2013
 
2012
 
2011
 
Charges Since Inception
 
Expected Future Charges
 
Total Projected Costs
 
Expected Completion Date
Initiatives:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Global Expense Rationalization
 
$
11.3

 
$

 
$

 
$
11.3

 
$
4.2

 
$
15.5

 
September 30, 2015
Global Cost Reduction
 
16.4

 
18.7

 
25.5

 
99.4

 
3.0

 
102.4

 
January 31, 2015
Other
 
6.3

 
0.9

 
3.1

 
 
 
 
 
 
 
 
 
 
$
34.0

 
$
19.6

 
$
28.6

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Classification:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consumer products cost of goods sold
 
$
10.0

 
$
9.8

 
$
7.8

 
 
 
 
 
 
 
 
Selling, acquisition, operating and general expenses
 
24.0

 
9.8

 
20.8

 
 
 
 
 
 
 
 
 
 
$
34.0

 
$
19.6

 
$
28.6

 
 
 
 
 
 
 
 
Restructuring, Impairment, and Other Activities Disclosure [Text Block]
The following table summarizes restructuring and related charges incurred by type of charge and where those charges are classified in the accompanying Consolidated Statements of Operations:
 
 
Year ended September 30,
 
 
2013
 
2012
 
2011
Costs included in cost of goods sold:
 
 
 
 
 
 
Global Expense Rationalization Initiatives:
 
 
 
 
 
 
   Termination benefits
 
$

 
$

 
$

   Other associated benefits
 

 

 

Global Cost Reduction Initiatives:
 
 
 
 
 
 
   Termination benefits
 
0.2

 
2.9

 
1.7

   Other associated benefits
 
3.3

 
6.9

 
5.9

HHI Business and other restructuring initiatives:
 
 
 
 
 
 
   Termination benefits
 
0.2

 

 

   Other associated benefits
 
6.3

 

 
0.2

Total included in cost of goods sold
 
10.0

 
9.8

 
7.8

Costs included in selling, acquisition, operating and general expenses:
 
 
 
 
 
 
Global Expense Rationalization Initiatives:
 
 
 
 
 
 
   Termination benefits
 
10.3

 

 

   Other associated benefits
 
1.1

 

 

Global Cost Reduction Initiatives:
 
 
 
 
 
 
   Termination benefits
 
6.3

 
3.1

 
10.2

   Other associated benefits
 
6.4

 
5.8

 
7.8

HHI Business and other restructuring initiatives:
 
 
 
 
 
 
   Termination benefits
 

 

 
0.9

   Other associated benefits
 
(0.1
)
 
0.9

 
1.9

Total included in selling, acquisition, operating and general expenses:
 
24.0

 
9.8

 
20.8

Total restructuring and related charges
 
$
34.0

 
$
19.6

 
$
28.6

Summarization of Remaining Accrual Balance Associated with Initiatives and Activity
The following table summarizes the remaining accrual balance associated with the initiatives and the activity during the year ended September 30, 2013:
 
Accrual Balance at September 30, 2012
 
Provisions
 
Cash Expenditures
 
Non-Cash Items
 
Accrual Balance at September 30, 2013
 
Expensed as Incurred (a)
Global Expense Rationalization Initiatives:
 
 
 
 
 
 
 
 
 
 
 
Termination benefits
$

 
$
9.0

 
$
(2.1
)
 
$
0.4

 
$
7.3

 
$
1.3

Other costs

 

 

 

 

 
1.0

 

 
9.0

 
(2.1
)
 
0.4

 
7.3

 
2.3

Global Cost Reduction Initiatives:
 
 
 
 
 
 
 
 
 
 
 
Termination benefits
3.3

 
5.3

 
(3.7
)
 
$

 
4.9

 
1.3

Other costs
1.1

 
0.5

 
(1.2
)
 

 
0.4

 
9.3

 
4.4

 
5.8

 
(4.9
)
 

 
5.3

 
10.6

Other initiatives
2.2

 
6.0

 
(0.5
)
 
(3.6
)
 
4.1

 
0.3

 
$
6.6

 
$
20.8

 
$
(7.5
)
 
$
(3.2
)
 
$
16.7

 
$
13.2

___________________
(a)
Consists of amounts not impacting the accrual for restructuring and related charges.