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v3.19.3

Derivatives (Tables) | 12 Months Ended
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Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items] |
Schedule Of Fair Value Of Outstanding Derivative Instruments |
(in millions) |  | Line Item |  | 2019 |  | 2018
Derivative Assets |  |  |  |  |  |  |  |
Interest rate swaps - designated as hedge |  | Other receivables |  | $ | — |  | $ | 1.8
Interest rate swaps - designated as hedge |  | Deferred charges and other |  |  | — |  |  | 1.0
Foreign exchange contracts - designated as hedge |  | Other receivables |  |  | 7.8 |  |  | 5.5
Foreign exchange contracts - designated as hedge |  | Deferred charges and other |  |  | 0.5 |  |  | 0.2
Foreign exchange contracts - not designated as hedge |  | Other receivables |  |  | 1.2 |  |  | 0.4
Total Derivative Assets |  |  |  | $ | 9.5 |  | $ | 8.9
Derivative Liabilities |  |  |  |  |  |  |  |
Commodity swaps - designated as hedge |  | Accounts payable |  | $ | 0.2 |  | $ | 0.4
Interest rate swaps - designated as hedge |  | Accrued interest |  |  | — |  |  | (0.3)
Foreign exchange contracts - designated as hedge |  | Accounts payable |  |  | 0.2 |  |  | 0.3
Foreign exchange contracts - designated as hedge |  | Other long term liabilities |  |  | — |  |  | 0.2
Foreign exchange contracts - not designated as hedge |  | Accounts payable |  |  | 1.9 |  |  | 0.2
Total Derivative Liabilities |  |  |  | $ | 2.3 |  | $ | 0.8
Summary Of Impact Of Effective And Ineffective Portions Of Designated Hedges And Gain (Loss) |
|  | Effective Portion |  |
For the year ended |  |  |  |  |  |  |  |  |  | Reclassified to |  | Ineffective portion
September 30, 2019 |  | Gain (Loss) |  | Reclassified to Continuing Operations |  | Discontinued |  | Continuing Operations |  | Discontinued
(in millions) |  | in OCI |  | Line Item |  | Gain (Loss) |  | Operations |  | Line Item |  | Gain (Loss) |  | Operations
Interest rate swaps |  | $ | (0.6) |  | Interest expense |  | $ | — |  | $ | 2.2 |  | Interest expense |  | $ | — |  | $ | 1.7
Commodity swaps |  |  | (1.1) |  | Cost of goods sold |  |  | (0.4) |  |  | (4.4) |  | Cost of goods sold |  |  | — |  |  | —
Net investment hedge |  |  | 29.8 |  | Other non-operating expense |  |  | — |  |  | — |  | Other non-operating expense |  |  | — |  |  | —
Foreign exchange contracts |  |  | (0.4) |  | Net sales |  |  | (0.2) |  |  | — |  | Net sales |  |  | — |  |  | —
Foreign exchange contracts |  |  | 14.7 |  | Cost of goods sold |  |  | 11.7 |  |  | 0.5 |  | Cost of goods sold |  |  | — |  |  | —
Total |  | $ | 42.4 |  |  |  | $ | 11.1 |  | $ | (1.7) |  |  |  | $ | — |  | $ | 1.7
|  | Effective Portion |  |
For the year ended |  |  |  |  |  |  |  |  |  | Reclassified to |  | Ineffective portion
September 30, 2018 |  | Gain (Loss) |  | Reclassified to Continuing Operations |  | Discontinued |  | Continuing Operations |  | Discontinued
(in millions) |  | in OCI |  | Line Item |  | Gain (Loss) |  | Operations |  | Line Item |  | Gain (Loss) |  | Operations
Interest rate swaps |  | $ | 4.0 |  | Interest expense |  | $ | — |  | $ | 1.1 |  | Interest expense |  | $ | — |  | $ | 1.2
Commodity swaps |  |  | (4.5) |  | Cost of goods sold |  |  | 0.7 |  |  | 2.4 |  | Cost of goods sold |  |  | — |  |  | —
Net investment hedge |  |  | 6.2 |  | Other non-operating expense |  |  | — |  |  | — |  | Other non-operating expense |  |  | — |  |  | —
Foreign exchange contracts |  |  | (0.1) |  | Net sales |  |  | 0.1 |  |  | — |  | Net sales |  |  | — |  |  | —
Foreign exchange contracts |  |  | 10.8 |  | Cost of goods sold |  |  | (9.3) |  |  | (1.9) |  | Cost of goods sold |  |  | — |  |  | —
Total |  | $ | 16.4 |  |  |  | $ | (8.5) |  | $ | 1.6 |  |  |  | $ | — |  | $ | 1.2
|  | Effective Portion |  |
For the year ended |  |  |  |  |  |  |  |  |  | Reclassified to |  | Ineffective portion
September 30, 2017 |  | Gain (Loss) |  | Reclassified to Continuing Operations |  | Discontinued |  | Continuing Operations |  | Discontinued
(in millions) |  | in OCI |  | Line Item |  | Gain (Loss) |  | Operations |  | Line Item |  | Gain (Loss) |  | Operations
Interest rate swaps |  | $ | (0.7) |  | Interest expense |  | $ | (1.3) |  | $ | — |  | Interest expense |  | $ | — |  | $ | —
Commodity swaps |  |  | 6.2 |  | Cost of goods sold |  |  | 0.7 |  |  | 4.7 |  | Cost of goods sold |  |  | — |  |  | —
Net investment hedge |  |  | (24.0) |  | Other non-operating expense |  |  | — |  |  | — |  | Other non-operating expense |  |  | — |  |  | —
Foreign exchange contracts |  |  | 0.4 |  | Net sales |  |  | (0.1) |  |  | — |  | Net sales |  |  | — |  |  | —
Foreign exchange contracts |  |  | (13.5) |  | Cost of goods sold |  |  | 6.4 |  |  | 0.4 |  | Cost of goods sold |  |  | — |  |  | —
Total |  | $ | (31.6) |  |  |  | $ | 5.7 |  | $ | 5.1 |  |  |  | $ | — |  | $ | —
Summary Of Impact Of Derivative Instruments |
(in millions) |  | Line Item |  | 2019 |  | 2018 |  | 2017
Foreign exchange contracts |  | Other non-operating expense (income) |  | $ | 47.3 |  | $ | (2.3) |  | $ | 0.8
Cash Flow Hedging [Member] |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |
Schedule Of Interest Rate Swap Derivative Financial Instruments |
|  | 2019 |  | 2018
(in millions) |  | Notional Amount |  | Remaining Years |  | Notional Amount |  | Remaining Years
Interest rate swaps - fixed |  | $ | — |  |  | — |  | $ | 300.0 |  |  | 1.6
Schedule Of Commodity Swap Contracts Outstanding |
|  | 2019 |  | 2018
(in millions, except notional) |  | Notional |  | Contract Value |  | Notional |  | Contract Value
Brass swap contracts |  |  | 0.9 Tons |  | $ | 4.4 |  |  | 1.0 Tons |  | $ | 5.6

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