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Divestitures Divestitures - Schedule of assets and liabilities held for sale (Tables)
 9 Months Ended
Jun. 30, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
The following table summarizes the components of “Income (loss) from discontinued operations, net of tax” in the accompanying Condensed Consolidated Statements of Operations for the three and nine months ended June 30, 2017 and 2016:
 
Three months ended June 30,
 
Nine months ended June 30,
 
2017
 
2016
 
2017
 
2016
Income (loss) from discontinued operations, net of tax attributable to Insurance Operations
$
7.7

 
$
(183.4
)
 
$
195.4

 
$
(219.1
)
Loss from discontinued operations, net of tax attributable to Compass Production Partners, LP (“Compass”)
—

 
(2.1
)
 
—

 
(3.5
)
Income (loss) from discontinued operations, net of tax
$
7.7

 
$
(185.5
)
 
$
195.4

 
$
(222.6
)
The following table summarizes the major categories of assets and liabilities of the Insurance Operations classified as held for sale in the accompanying Condensed Consolidated Balance Sheets at June 30, 2017 and September 30, 2016:
 
June 30,
2017
 
September 30,
2016
Assets
 
 
 
Investments, including loans and receivables from affiliates
$
22,767.2

 
$
21,160.6

Funds withheld receivables
728.6

 
671.6

Cash and cash equivalents
821.8

 
896.0

Receivables, net
6.7

 
17.4

Accrued investment income
204.5

 
213.7

Reinsurance recoverable
2,352.8

 
2,344.4

Properties, plant and equipment, net
24.3

 
18.5

Deferred acquisition costs and value of business acquired, net
1,134.2

 
1,065.5

Other assets
98.8

 
259.4

Write-down of assets of business held for sale to fair value less cost to sell
(327.2
)
 
(362.8
)
Total assets of business held for sale
$
27,811.7

 
$
26,284.3

Liabilities
 
 
 
Insurance reserves
$
24,515.9

 
$
23,404.6

Debt
405.0

 
398.8

Accounts payable and other current liabilities
59.4

 
63.1

Deferred tax liabilities
14.1

 
9.9

Other liabilities
876.5

 
677.4

Total liabilities of business held for sale
$
25,870.9

 
$
24,553.8

The following table summarizes the components of “Net income (loss) from discontinued operations” in the accompanying Condensed Consolidated Statements of Operations for the three and nine months ended June 30, 2017 and 2016:
 
Three months ended June 30,
 
Nine months ended June 30,
 
2017
 
2016
 
2017
 
2016
Revenues:
 
 
 
 
 
 
 
Insurance premiums
$
12.7

 
$
21.9

 
$
27.0

 
$
54.3

Net investment income
269.4

 
252.8

 
778.6

 
734.1

Net investment gains
102.8

 
38.7

 
237.5

 
73.5

Other
44.0

 
33.8

 
127.6

 
96.4

Total revenues
428.9

 
347.2

 
1,170.7

 
958.3

Operating costs and expenses:
 
 
 
 
 
 
 
Benefits and other changes in policy reserves
266.0

 
247.7

 
575.4

 
660.1

Selling, acquisition, operating and general expenses
42.7

 
27.7

 
109.1

 
89.7

Amortization of intangibles
53.5

 
7.4

 
210.0

 
41.3

Total operating costs and expenses
362.2

 
282.8

 
894.5

 
791.1

Operating income
66.7

 
64.4

 
276.2

 
167.2

Interest expense
(6.1
)
 
(5.1
)
 
(18.2
)
 
(16.9
)
(Write-down) write-up of assets of business held for sale to fair value less cost to sell
(36.1
)
 
(217.2
)
 
35.6

 
(240.7
)
Net income (loss) before income taxes
24.5

 
(157.9
)
 
293.6

 
(90.4
)
Income tax expense (a)
16.8

 
25.5

 
98.2

 
128.7

Net income (loss)
7.7

 
(183.4
)
 
195.4

 
(219.1
)
Less: net income attributable to noncontrolling interest
4.1

 
1.9

 
31.6

 
13.1

Net income (loss) - attributable to controlling interest
$
3.6

 
$
(185.3
)
 
$
163.8

 
$
(232.2
)
(a) Included in the income tax expense for the nine months ended June 30, 2016 was a $90.9 of net income tax expense related to the establishment of a deferred tax liability of $253.0 at June 30, 2016, which was a result of classifying the Company’s ownership interest in FGL as held for sale. The deferred tax liability was partially offset by a $162.1 reduction of valuation allowance on HRG’s net operating and capital loss carryforwards expected to offset the FGL taxable gain at June 30, 2016. The remaining liability is expected to be offset by losses recognized in continuing operations except for the $15.0 of estimated alternative minimum taxes.
The following table summarizes the components of “Net income (loss) from discontinued operations” attributable to Compass in the accompanying Condensed Consolidated Statements of Operations for the three and nine months ended June 30, 2016.
 
Three months ended
 
Nine months ended
 
June 30, 2016
Revenues:
 
 
 
Oil and natural gas revenues
$
9.7

 
$
36.0

 
 
 
 
Operating costs and expenses:
 
 
 
Oil and natural gas direct operating costs
9.1

 
35.4

Selling, acquisition, operating and general expenses
5.0

 
20.6

Impairments
17.7

 
93.3

Total operating costs and expenses
31.8

 
149.3

Operating loss
(22.1
)
 
(113.3
)
Interest expense
(1.6
)
 
(5.3
)
Gain on sale of oil and gas properties
—

 
105.6

Other expense, net
(2.3
)
 
—

Net loss before income taxes
(26.0
)
 
(13.0
)
Income tax expense
(23.9
)
 
(9.5
)
Net loss
$
(2.1
)
 
$
(3.5
)