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Segment and Georgraphic Data Segment and Georgraphic Data (Tables) | 12 Months Ended
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Sep. 30, 2016
Segment Reporting [Abstract] |
Segment Information | Accordingly, the Company currently reports its business in two reporting segments: (i) Consumer Products and (ii) Insurance. The results of continuing businesses formerly reported in the energy and asset management segments are now reported within the Corporate and Other segment. Refer to Note 26, Consolidating Financial Information, for disclosure of total assets for each segment. The following schedules present the Company’s segment information for Fiscal 2016, 2015 and 2014:
|  | Fiscal
|  | 2016 |  | 2015 |  | 2014
Revenues: |  |  |  |  |  |
Consumer Products |  | $ | 5,039.7 |  |  | $ | 4,690.4 |  |  | $ | 4,429.1 |
Insurance |  | 150.4 |  |  | (98.8 | ) |  | 144.3 |
Intersegment elimination (a) |  | 16.4 |  |  | 54.7 |  |  | 7.8 |
Consolidated segment revenues |  | 5,206.5 |  |  | 4,646.3 |  |  | 4,581.2 |
Corporate and Other |  | 8.9 |  |  | 63.4 |  |  | 53.5 |
Total revenues |  | $ | 5,215.4 |  |  | $ | 4,709.7 |  |  | $ | 4,634.7 |
Depreciation and amortization |  |  |  |  |  |
Consumer Products |  | $ | 183.0 |  |  | $ | 170.0 |  |  | $ | 157.7 |
Corporate |  | 0.7 |  |  | 1.0 |  |  | 0.5 |
Consolidated depreciation and amortization |  | $ | 183.7 |  |  | $ | 171.0 |  |  | $ | 158.2 |
Operating income (loss): |  |  |  |  |  |
Consumer Products |  | $ | 656.3 |  |  | $ | 474.1 |  |  | $ | 481.9 |
Insurance |  | (12.4 | ) |  | (68.7 | ) |  | 40.1 |
Intersegment elimination (a,b) |  | 68.1 |  |  | (62.9 | ) |  | 32.5 |
Total segment operating income |  | 712.0 |  |  | 342.5 |  |  | 554.5 |
Corporate and Other eliminations |  | (84.0 | ) |  | (296.7 | ) |  | (127.1 | )
Consolidated operating income |  | 628.0 |  |  | 45.8 |  |  | 427.4 |
Interest expense |  | (397.1 | ) |  | (401.6 | ) |  | (298.8 | )
Loss from the change in the fair value of the equity conversion feature of preferred stock |  | — |  |  | — |  |  | (12.7 | )
Gain on deconsolidation of subsidiary |  | — |  |  | 38.5 |  |  | — |
Other income (expense), net |  | 1.0 |  |  | 10.2 |  |  | (11.9 | )
Income (loss) from continuing operations before income taxes |  | 231.9 |  |  | (307.1 | ) |  | 104.0 |
Income tax expense (benefit) |  | 41.5 |  |  | (16.2 | ) |  | 89.6 |
Net income (loss) from continuing operations |  | 190.4 |  |  | (290.9 | ) |  | 14.4 |
(Loss) income from discontinued operations, net of tax |  | (224.3 | ) |  | (221.5 | ) |  | 87.3 |
Net (loss) income |  | (33.9 | ) |  | (512.4 | ) |  | 101.7 |
Less: Net income attributable to noncontrolling interest |  | 164.9 |  |  | 44.4 |  |  | 112.0 |
Net loss attributable to controlling interest |  | $ | (198.8 | ) |  | $ | (556.8 | ) |  | $ | (10.3 | )
(a) The Intersegment eliminations primarily represent the reversal and reclassification of impairments recorded in the Company’s Insurance segment on affiliated investments, as well as usual intercompany transactions for the period. For Fiscal 2015, the Insurance segment eliminations include the reversal of intercompany asset impairments of $57.1. (b) For its stand-alone reporting purposes, Front Street elected, since inception, to apply the fair value option to account for its funds withheld receivables, non-funds withheld assets and future policyholder benefits reserves related to its assumed reinsurance. For Company’s consolidated reporting, the results from Front Street’s assumed reinsurance business with FGL is reported on FGL’s historical basis. Accordingly, in order to align Company’s consolidated reporting, we have recorded a net intersegment adjustment to operating income (loss) of $59.7, $(115.4) and $45.1 for Fiscal 2016, 2015 and 2014, respectively. Upon completion of the FGL Merger, the Company’s consolidated results will reflect all reinsurance business on the fair value option.
| Fiscal
| 2016 |  | 2015 |  | 2014
Capital expenditures: |  |  |  |  |
Consumer Products | $ | 95.2 |  |  | $ | 89.1 |  |  | $ | 73.4 |
Corporate | 0.2 |  |  | 1.5 |  |  | 2.1 |
Consolidated capital expenditures | $ | 95.4 |  |  | $ | 90.6 |  |  | $ | 75.5 |
| September 30,
| 2016 |  | 2015
Total long-lived assets: |  |  |
Consumer Products | $ | 542.1 |  |  | $ | 507.1 |
Corporate assets | 1.3 |  |  | 2.4 |
Consolidated total long-lived assets | $ | 543.4 |  |  | $ | 509.5 |
| Fiscal
| 2016 |  | 2015 |  | 2014
Net change in cash due to continuing operating activities |  |  |  |  |
Consumer Products | $ | 615.0 |  |  | $ | 444.9 |  |  | $ | 432.7 |
Insurance | (12.3 | ) |  | (51.2 | ) |  | (18.3 | )
Intersegment transactions | 142.6 |  |  | 91.1 |  |  | 231.6 |
Net change in cash due to segment operating activities | 745.3 |  |  | 484.8 |  |  | 646.0 |
Net change in cash due to corporate and other operating activities | (187.1 | ) |  | (184.5 | ) |  | (169.1 | )
Consolidated net change in cash due to continuing operating activities | $ | 558.2 |  |  | $ | 300.3 |  |  | $ | 476.9 |
Schedule of Geographical Information | The Company’s geographic data disclosures are as follows: Net consumer and other product sales to external customers:
|  | Fiscal
|  | 2016 |  | 2015 |  | 2014
United States |  | $ | 3,217.9 |  |  | $ | 2,950.6 |  |  | $ | 2,660.8 |
Outside the United States |  | 1,821.8 |  |  | 1,782.5 |  |  | 1,788.4 |
Consolidated net consumer and other product sales to external customers |  | $ | 5,039.7 |  |  | $ | 4,733.1 |  |  | $ | 4,449.2 |
Long-lived assets:
|  | September 30,
|  | 2016 |  | 2015
United States |  | $ | 323.4 |  |  | $ | 313.5 |
Outside the United States |  | 220.0 |  |  | 196.0 |
Consolidated long-lived assets |  | $ | 543.4 |  |  | $ | 509.5 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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