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Consolidating Financial Information Consolidating Financial Information (Tables) | 6 Months Ended
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Mar. 31, 2018
Consolidating Financial Information [Abstract] |
Schedule of Balance Sheet Information | HRG Group, Inc. - Consolidating Balance Sheets Information
March 31, 2018 |  | Consumer Products |  | Corporate and Other and Eliminations |  | Total
Assets: |  |  |  |  |  |
Current assets: |  |  |  |  |  |
Cash and cash equivalents |  | $ | 135.2 |  |  | $ | 623.6 |  |  | $ | 758.8 |
Trade receivables, net |  | 337.6 |  |  | — |  |  | 337.6 |
Other receivables, net |  | 24.6 |  |  | 37.6 |  |  | 62.2 |
Inventories, net |  | 610.5 |  |  | — |  |  | 610.5 |
Prepaid expenses and other current assets |  | 58.7 |  |  | 1.5 |  |  | 60.2 |
Current assets of businesses held for sale |  | 1,976.0 |  |  | — |  |  | 1,976.0 |
Total current assets |  | 3,142.6 |  |  | 662.7 |  |  | 3,805.3 |
Property, plant and equipment, net |  | 503.9 |  |  | 0.6 |  |  | 504.5 |
Goodwill |  | 2,280.2 |  |  | — |  |  | 2,280.2 |
Intangibles, net |  | 1,589.5 |  |  | — |  |  | 1,589.5 |
Deferred charges and other assets |  | 60.6 |  |  | 0.2 |  |  | 60.8 |
Total assets |  | $ | 7,576.8 |  |  | $ | 663.5 |  |  | $ | 8,240.3 |
Liabilities and Equity: |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |
Current portion of long-term debt |  | $ | 20.3 |  |  | $ | 50.0 |  |  | $ | 70.3 |
Accounts payable |  | 359.6 |  |  | 1.1 |  |  | 360.7 |
Accrued wages and salaries |  | 33.6 |  |  | 7.7 |  |  | 41.3 |
Accrued interest |  | 47.5 |  |  | 15.1 |  |  | 62.6 |
Other current liabilities |  | 119.6 |  |  | 9.4 |  |  | 129.0 |
Current liabilities of businesses held for sale |  | 558.6 |  |  | — |  |  | 558.6 |
Total current liabilities |  | 1,139.2 |  |  | 83.3 |  |  | 1,222.5 |
Long-term debt, net of current portion |  | 4,314.4 |  |  | 934.0 |  |  | 5,248.4 |
Employee benefit obligations |  | 33.1 |  |  | 5.7 |  |  | 38.8 |
Deferred tax liabilities |  | 285.8 |  |  | — |  |  | 285.8 |
Other long-term liabilities |  | 98.8 |  |  | 2.3 |  |  | 101.1 |
Total liabilities |  | 5,871.3 |  |  | 1,025.3 |  |  | 6,896.6 |
Total shareholders’ equity |  | 1,051.7 |  |  | (360.1 | ) |  | 691.6 |
Noncontrolling interests |  | 653.8 |  |  | (1.7 | ) |  | 652.1 |
Total shareholders’ equity |  | 1,705.5 |  |  | (361.8 | ) |  | 1,343.7 |
Total liabilities and equity |  | $ | 7,576.8 |  |  | $ | 663.5 |  |  | $ | 8,240.3 |
September 30, 2017 |  | Consumer Products |  | Corporate and Other and Eliminations |  | Insurance Segment Discontinued Operations |  | Total
Assets: |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 168.2 |  |  | $ | 101.9 |  |  | $ | — |  |  | $ | 270.1 |
Trade receivables, net |  | 266.0 |  |  | — |  |  | — |  |  | 266.0 |
Other receivables, net |  | 19.4 |  |  | 0.3 |  |  | — |  |  | 19.7 |
Inventories, net |  | 496.3 |  |  | — |  |  | — |  |  | 496.3 |
Prepaid expenses and other current assets |  | 54.2 |  |  | 0.6 |  |  | — |  |  | 54.8 |
Current assets of businesses held for sale |  | 603.0 |  |  | — |  |  | 28,326.2 |  |  | 28,929.2 |
Total current assets |  | 1,607.1 |  |  | 102.8 |  |  | 28,326.2 |  |  | 30,036.1 |
Property, plant and equipment, net |  | 503.1 |  |  | 0.8 |  |  | — |  |  | 503.9 |
Goodwill |  | 2,277.1 |  |  | — |  |  | — |  |  | 2,277.1 |
Intangibles, net |  | 1,612.0 |  |  | — |  |  | — |  |  | 1,612.0 |
Deferred charges and other assets |  | 43.5 |  |  | 0.2 |  |  | — |  |  | 43.7 |
Noncurrent assets of businesses held for sale |  | 1,376.9 |  |  | — |  |  | — |  |  | 1,376.9 |
Total assets |  | $ | 7,419.7 |  |  | $ | 103.8 |  |  | $ | 28,326.2 |  |  | $ | 35,849.7 |
Liabilities and Equity: |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |
Current portion of long-term debt |  | $ | 19.4 |  |  | $ | 142.0 |  |  | $ | — |  |  | $ | 161.4 |
Accounts payable |  | 371.6 |  |  | 1.5 |  |  | — |  |  | 373.1 |
Accrued wages and salaries |  | 49.9 |  |  | 5.5 |  |  | — |  |  | 55.4 |
Accrued interest |  | 48.5 |  |  | 29.5 |  |  | — |  |  | 78.0 |
Other current liabilities |  | 123.4 |  |  | 2.4 |  |  | — |  |  | 125.8 |
Current liabilities of businesses held for sale |  | 500.6 |  |  | — |  |  | 26,350.7 |  |  | 26,851.3 |
Total current liabilities |  | 1,113.4 |  |  | 180.9 |  |  | 26,350.7 |  |  | 27,645.0 |
Long-term debt, net of current portion |  | 3,752.3 |  |  | 1,791.4 |  |  | — |  |  | 5,543.7 |
Employee benefit obligations |  | 34.4 |  |  | 4.2 |  |  | — |  |  | 38.6 |
Deferred tax liabilities |  | 493.2 |  |  | — |  |  | — |  |  | 493.2 |
Other long-term liabilities |  | 23.6 |  |  | 2.6 |  |  | — |  |  | 26.2 |
Noncurrent liabilities of businesses held for sale |  | 156.1 |  |  | — |  |  | — |  |  | 156.1 |
Total liabilities |  | 5,573.0 |  |  | 1,979.1 |  |  | 26,350.7 |  |  | 33,902.8 |
Total shareholders’ equity |  | 1,095.4 |  |  | (1,873.7 | ) |  | 1,536.3 |  |  | 758.0 |
Noncontrolling interests |  | 751.3 |  |  | (1.6 | ) |  | 439.2 |  |  | 1,188.9 |
Total shareholders’ equity |  | 1,846.7 |  |  | (1,875.3 | ) |  | 1,975.5 |  |  | 1,946.9 |
Total liabilities and equity |  | $ | 7,419.7 |  |  | $ | 103.8 |  |  | $ | 28,326.2 |  |  | $ | 35,849.7 |
Schedule of Income Statement Information | HRG Group, Inc. - Consolidating Statements of Operations Information
Six months ended March 31, 2018 |  | Consumer Products |  | Corporate and Other and eliminations |  | Insurance Segment Discontinued Operations |  | Total
Revenues: |  |  |  |  |  |  |  |
Net sales |  | $ | 1,412.6 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,412.6 |
Operating costs and expenses: |  |  |  |  |  |  |  |
Cost of goods sold |  | 898.6 |  |  | — |  |  | — |  |  | 898.6 |
Selling, acquisition, operating and general expenses |  | 436.9 |  |  | 21.6 |  |  | — |  |  | 458.5 |
Total operating costs and expenses |  | 1,335.5 |  |  | 21.6 |  |  | — |  |  | 1,357.1 |
Operating income |  | 77.1 |  |  | (21.6 | ) |  | — |  |  | 55.5 |
Interest expense |  | (80.6 | ) |  | (62.5 | ) |  | — |  |  | (143.1 | )
Other income (expense), net |  | (2.7 | ) |  | 3.9 |  |  | — |  |  | 1.2 |
(Loss) income from continuing operations before income taxes |  | (6.2 | ) |  | (80.2 | ) |  | — |  |  | (86.4 | )
Income tax (benefit) expense |  | (127.2 | ) |  | — |  |  | — |  |  | (127.2 | )
Net (loss) income from continuing operations |  | 121.0 |  |  | (80.2 | ) |  | — |  |  | 40.8 |
Income (loss) from discontinued operations, net of tax |  | 41.6 |  |  | — |  |  | 459.9 |  |  | 501.5 |
Net (loss) income |  | 162.6 |  |  | (80.2 | ) |  | 459.9 |  |  | 542.3 |
Less: Net income attributable to noncontrolling interest |  | 66.6 |  |  | — |  |  | 5.4 |  |  | 72.0 |
Net (loss) income attributable to controlling interest |  | $ | 96.0 |  |  | $ | (80.2 | ) |  | $ | 454.5 |  |  | $ | 470.3 |
Six months ended March 31, 2017 |  | Consumer Products |  | Corporate and Other and eliminations |  | Insurance Segment Discontinued Operations |  | Total
Revenues: |  |  |  |  |  |  |  |
Net sales |  | $ | 1,358.7 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,358.7 |
Net investment income |  | — |  |  | 1.0 |  |  | — |  |  | 1.0 |
Total revenues |  | 1,358.7 |  |  | 1.0 |  |  | — |  |  | 1,359.7 |
Operating costs and expenses: |  |  |  |  |  |  |  |
Cost of goods sold |  | 807.7 |  |  | — |  |  | — |  |  | 807.7 |
Selling, acquisition, operating and general expenses |  | 384.7 |  |  | 30.7 |  |  | — |  |  | 415.4 |
Total operating costs and expenses |  | 1,192.4 |  |  | 30.7 |  |  | — |  |  | 1,223.1 |
Operating income |  | 166.3 |  |  | (29.7 | ) |  | — |  |  | 136.6 |
Interest expense |  | (81.9 | ) |  | (74.5 | ) |  | — |  |  | (156.4 | )
Other income (expense), net |  | (0.9 | ) |  | 0.5 |  |  | — |  |  | (0.4 | )
(Loss) income from continuing operations before income taxes |  | 83.5 |  |  | (103.7 | ) |  | — |  |  | (20.2 | )
Income tax (benefit) expense |  | 31.1 |  |  | (1.5 | ) |  | — |  |  | 29.6 |
Net (loss) income from continuing operations |  | 52.4 |  |  | (102.2 | ) |  | — |  |  | (49.8 | )
Income (loss) from discontinued operations, net of tax |  | 71.5 |  |  | — |  |  | 187.7 |  |  | 259.2 |
Net (loss) income |  | 123.9 |  |  | (102.2 | ) |  | 187.7 |  |  | 209.4 |
Less: Net income attributable to noncontrolling interest |  | 51.9 |  |  | (0.1 | ) |  | 27.5 |  |  | 79.3 |
Net (loss) income attributable to controlling interest |  | $ | 72.0 |  |  | $ | (102.1 | ) |  | $ | 160.2 |  |  | $ | 130.1 |

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