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Derivative Financial Instruments (Tables) | 3 Months Ended
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Dec. 31, 2013
Derivative [Line Items] |
Fair Value of Outstanding Derivative Contracts in Condensed Consolidated Balance Sheets | The fair value of outstanding derivative contracts recorded in the accompanying Condensed Consolidated Balance Sheets were as follows:
Asset Derivatives |  | Classification |  | December 31, 2013 |  | September 30, 2013
Derivatives designated as hedging instruments: |  |  |  |  |  |
Commodity swap and option agreements |  | Receivables, net |  | $ | 1.3 |  |  | $ | 0.4 |
Commodity swap and option agreements |  | Other assets |  | 0.3 |  |  | — |
Foreign exchange forward agreements |  | Receivables, net |  | 3.0 |  |  | 1.7 |
Total asset derivatives designated as hedging instruments |  |  |  | 4.6 |  |  | 2.1 |
Derivatives not designated as hedging instruments: |  |  |  |  |  |
Commodity contracts |  | Receivables, net |  | 0.4 |  |  | 3.7 |
Call options |  | Derivatives |  | 294.1 |  |  | 221.8 |
Futures contracts |  | Derivatives |  | 0.4 |  |  | — |
Foreign exchange contracts |  | Receivables, net |  | 0.2 |  |  | 0.1 |
Total asset derivatives |  |  |  | $ | 299.7 |  |  | $ | 227.7 |
Pretax Impact of Derivative Instruments Designated as Cash Flow Hedges on Accompanying Condensed Consolidated Statements of Operations, and Within AOCI | The following table summarizes the pretax impact of derivative instruments designated as cash flow hedges on the accompanying Condensed Consolidated Statements of Operations, and within AOCI, for the three months ended December 31, 2013 and December 30, 2012:
Derivatives in Cash Flow Hedging Relationships |  | Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion) |  | Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |  | Amount of Gain ( Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing) |  | Classification
Three months ended |  | December 31, 2013 |  | December 30, 2012 |  | December 31, 2013 |  | December 30, 2012 |  | December 31, 2013 |  | December 30, 2012 |  |
Commodity contracts |  | $ | 1.1 |  |  | $ | (0.2 | ) |  | $ | (0.3 | ) |  | $ | (0.1 | ) |  | $ | 0.2 |  |  | $ | — |  |  | Consumer products cost of goods sold
Foreign exchange contracts |  | 0.2 |  |  | 0.5 |  |  | 0.1 |  |  | 0.1 |  |  | — |  |  | — |  |  | Net consumer products sales
Foreign exchange contracts |  | (0.4 | ) |  | (0.4 | ) |  | (0.7 | ) |  | (0.5 | ) |  | — |  |  | — |  |  | Consumer products cost of goods sold
Total |  | $ | 0.9 |  |  | $ | (0.1 | ) |  | $ | (0.9 | ) |  | $ | (0.5 | ) |  | $ | 0.2 |  |  | $ | — |  |  |
Summary of Gain (Loss) Recognized in Income on Derivatives | During the three months ended December 31, 2013 and December 30, 2012 the Company recognized the following gains (losses) on these derivatives:
Derivatives Not Designated as Hedging Instruments |  | Gain (Loss) Recognized in Income on Derivatives |  | Classification
|  | Three months ended |  |
|  | December 31, 2013 |  | December 30, 2012 |  |
Equity conversion feature of preferred stock |  | $ | (47.2 | ) |  | $ | 68.9 |  |  | (Loss) gain from the change in the fair value of the equity conversion feature of preferred stock
Oil and natural gas commodity contracts |  | (3.4 | ) |  | — |  |  | Other expense, net
Commodity contracts |  | (0.1 | ) |  | — |  |  | Consumer products cost of goods sold
Foreign exchange contracts |  | 0.8 |  |  | (4.1 | ) |  | Other expense, net
Call options |  | 114.3 |  |  | (20.9 | ) |  | Net investment gains
Futures contracts |  | 13.1 |  |  | (4.7 | ) |  | Net investment gains
FIA embedded derivatives |  | 100.3 |  |  | 33.8 |  |  | Benefits and other changes in policy reserves
Total |  | $ | 177.8 |  |  | $ | 73.0 |  |  |
Volumes and Fair Value of Oil and Natural Gas Derivative Financial Instruments | The following table presents EXCO/HGI JV's proportionate share of the volumes and fair value of the oil and natural gas derivative financial instruments as of December 31, 2013 (presented on a calendar-year basis) :
(in millions, except volumes and prices) |  | Volume Mmmbtus/Mbbls |  | Weighted average strike price per Mmbtu/Bbl |  | December 31, 2013
Natural gas: |  |  |  |  |  |
Swaps: |  |  |  |  |  |
2014 |  | 16,316.0 |  |  | $ | 4.15 |  |  | $ | (0.7 | )
Total natural gas |  | 16,316.0 |  |  |  |  | $ | (0.7 | )
Oil: |  |  |  |  |  |
Swaps: |  |  |  |  |  |
2014 |  | 272.0 |  |  | $ | 91.87 |  |  | $ | (1.0 | )
Total oil |  | 272.0 |  |  |  |  | $ | (1.0 | )
Total oil and natural gas derivatives |  |  |  |  |  | $ | (1.7 | )
Call options [Member] |
Derivative [Line Items] |
FGL's Exposure to Credit Loss on Call Options Held | Information regarding FGL’s exposure to credit loss on the call options it holds is presented in the following table:
|  |  |  | December 31, 2013 |  | September 30, 2013
Counterparty |  | Credit Rating (Moody's/S&P) |  | Notional Amount |  | Fair Value |  | Collateral |  | Net Credit Risk |  | Notional Amount |  | Fair Value |  | Collateral |  | Net Credit Risk
Merrill Lynch |  | NA/A |  | $ | 2,157.9 |  |  | $ | 99.6 |  |  | $ | 45.1 |  |  | $ | 54.5 |  |  | $ | 2,037.8 |  |  | $ | 70.7 |  |  | $ | — |  |  | $ | 70.7 |
Deutsche Bank |  | A2/A |  | 1,706.8 |  |  | 70.4 |  |  | — |  |  | 70.4 |  |  | 1,620.4 |  |  | 51.7 |  |  | 23.0 |  |  | 28.7 |
Morgan Stanley |  | A3/A |  | 2,379.0 |  |  | 103.1 |  |  | 74.7 |  |  | 28.4 |  |  | 2,264.1 |  |  | 75.7 |  |  | 49.0 |  |  | 26.7 |
Royal Bank of Scotland |  | A3/A |  | 245.3 |  |  | 16.9 |  |  | — |  |  | 16.9 |  |  | 364.3 |  |  | 20.3 |  |  | — |  |  | 20.3 |
Barclay's Bank |  | A2/A |  | 117.8 |  |  | 4.1 |  |  | — |  |  | 4.1 |  |  | 120.8 |  |  | 3.4 |  |  | — |  |  | 3.4 |
|  |  |  | $ | 6,606.8 |  |  | $ | 294.1 |  |  | $ | 119.8 |  |  | $ | 174.3 |  |  | $ | 6,407.4 |  |  | $ | 221.8 |  |  | $ | 72.0 |  |  | $ | 149.8 |

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