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Derivative Financial Instruments (Tables)
 9 Months Ended
Jun. 30, 2017
Derivative [Line Items]  
Schedule of Derivative Instruments [Table Text Block]
Commodity Swaps. Spectrum Brands periodically enters into commodity swap contracts to economically hedge the risk from fluctuating prices for raw materials, specifically the pass-through of market prices for silver used in manufacturing purchased watch batteries. Spectrum Brands hedges a portion of the risk associated with these materials through the use of commodity swaps. The commodity swap contracts are designated as economic hedges with the unrealized gain or loss recorded in earnings and as an asset or liability at each period end. The unrecognized changes in the fair value of the commodity swap contracts are adjusted through earnings when the realized gains or losses affect earnings upon settlement of the commodity swap contracts. The commodity swap contracts effectively fix the floating price on a specified quantity of silver through a specified date. At June 30, 2017, Spectrum Brands had a series of commodity swaps outstanding through November 2018. Spectrum Brands had the following commodity swaps outstanding as of June 30, 2017 and September 30, 2016:
 
 
June 30, 2017
 
September 30, 2016
 
 
Notional
 
Contract Value
 
Notional
 
Contract Value
Silver (troy oz.)
 
27.0
 
$
0.5

 
31.0
 
$
0.6
Fair Value of Outstanding Derivative Contracts in Condensed Consolidated Balance Sheets
The fair value of outstanding derivatives recorded in the accompanying Condensed Consolidated Balance Sheets were as follows:
Asset Derivatives
 
Classification
 
June 30,
2017
 
September 30,
2016
Derivatives designated as hedging instruments:
 
 
 
 
 
 
Commodity swaps
 
Receivables, net
 
$
2.1

 
$
2.9

Foreign exchange contracts
 
Receivables, net
 
0.1

 
5.5

Interest rate swaps
 
Other assets
 
0.2

 
—

Commodity swaps
 
Other assets
 
0.2

 
—

Foreign exchange contracts
 
Other assets
 
—

 
0.1

Total asset derivatives designated as hedging instruments
 
 
 
2.6

 
8.5

Derivatives not designated as hedging instruments:
 
 
 
 
 
 
Foreign exchange contracts
 
Other assets
 
0.3

 
0.2

Total asset derivatives
 
 
 
$
2.9

 
$
8.7

Liability Derivatives
 
Classification
 
June 30,
2017
 
September 30,
2016
Derivatives designated as hedging instruments:
 
 
 
 
 
 
Foreign exchange contracts
 
Accounts payable and other current liabilities
 
$
7.6

 
$
1.7

Foreign exchange contracts
 
Other liabilities
 
1.1

 
0.1

Interest rate swaps
 
Other liabilities
 
1.0

 
0.4

Commodity swaps
 
Accounts payable and other current liabilities
 
0.1

 
0.1

Interest rate swaps
 
Accounts payable and other current liabilities
 
—

 
0.7

Total liability derivatives designated as hedging instruments
 
 
 
9.8

 
3.0

Derivatives not designated as hedging instruments:
 
 
 
 
 
 
Foreign exchange contracts
 
Accounts payable and other current liabilities
 
1.0

 
0.2

Total liability derivatives
 
 
 
$
10.8

 
$
3.2
Summary of Gain (Loss) Recognized in Income on Derivatives
During the three and nine months ended June 30, 2017 and 2016, the Company recognized the following gains and losses on its derivatives:
 
 
 
 
Three months ended June 30,
 
Nine months ended June 30,
 
 
Classification
 
2017
 
2016
 
2017
 
2016
Commodity swaps
 
Cost of goods sold
 
$
—

 
$
—

 
$
0.1

 
$
—

Foreign exchange contracts
 
Other (expense) income, net
 
(1.0
)
 
0.8

 
(2.4
)
 
1.6
Impact of effective and ineffective portions of cash flow hedges and gain (loss) realized in statement of operations [Table Text Block]
The following tables summarize the impact of the effective portion of designated hedges and the gain (loss) recognized 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,
 
 
 
 
2017
 
2016
 
 
Classification
 
Gain (Loss) in AOCI
 
Gain (Loss) reclassified to Earnings
 
Gain (Loss) in AOCI
 
Gain (Loss) reclassified to Earnings
Interest rate swaps
 
Interest expense
 
$
(0.7
)
 
$
—

 
$
(0.2
)
 
$
(0.4
)
Commodity swaps
 
Cost of goods sold
 
(0.5
)
 
1.3

 
2.1

 
(0.8
)
Net investment hedge
 
Other (expense) income, net
 
(32.6
)
 
—

 
—

 
—

Foreign exchange contracts
 
Net sales
 
0.2

 
—

 
(0.3
)
 
—

Foreign exchange contracts
 
Cost of goods sold
 
(10.3
)
 
1.3

 
8.0

 
0.1

 
 
 
 
$
(43.9
)
 
$
2.6

 
$
9.6

 
$
(1.1
)
 
 
 
 
Nine months ended June 30,
 
 
 
 
2017
 
2016
 
 
Classification
 
Gain (Loss) in AOCI
 
Gain (Loss) reclassified to Earnings
 
Gain (Loss) in AOCI
 
Gain (Loss) reclassified to Earnings
Interest rate swaps
 
Interest expense
 
$
(1.0
)
 
$
(1.0
)
 
$
(0.5
)
 
$
(1.4
)
Commodity swaps
 
Cost of goods sold
 
3.3

 
3.8

 
2.9

 
(3.8
)
Net investment hedge
 
Other (expense) income, net
 
(9.3
)
 
—

 
—

 
—

Foreign exchange contracts
 
Net sales
 
0.3

 
—

 
(0.4
)
 
—

Foreign exchange contracts
 
Cost of goods sold
 
(4.4
)
 
8.4

 
6.8

 
5.0

 
 
 
 
$
(11.1
)
 
$
11.2

 
$
8.8

 
$
(0.2
)