Income Taxes (Tables)

12 Months Ended

Sep. 30, 2011

Income Taxes [Abstract]

Components of income before income taxes

	2011		2010		2009
Components of income before income taxes:
United States	$	364.3	$	144.9	$	64.7
Non-United States		503.3		399.3		209.2
Total	$	867.6	$	544.2	$	273.9

Components of the income tax provision

Components of the income tax provision:
Current:
United States	$	51.0		$	9.7		$	15.8
Non-United States		75.0			36.7			42.3
State and local		(2.0	)		(0.1	)		(16.8	)
Total current		124.0			46.3			41.3
Deferred:
United States		46.6			41.2			11.0
Non-United States		(5.2	)		13.1			1.9
State and local		5.1			3.2			1.8
Total deferred		46.5			57.5			14.7
Income tax provision	$	170.5		$	103.8		$	56.0
Total income taxes paid	$	118.6		$	100.7		$	115.2

Effective tax rate reconciliation

	2011			2010			2009
Statutory tax rate		35.0	%		35.0	%		35.0	%
State and local income taxes		0.7			0.3			(1.2	)
Non-United States taxes		(12.7	)		(12.8	)		(9.4	)
Foreign tax credit utilization		0.9			1.3			0.4
Employee stock ownership plan benefit		(0.3	)		(0.4	)		(0.8	)
Change in valuation allowances		0.8			(3.2	)		—
Domestic manufacturing deduction		(0.8	)		(0.2	)		(1.1	)
Resolution of prior period tax matters		(2.9	)		(4.1	)		(7.8	)
Other		(1.0	)		3.2			5.3
Effective income tax rate		19.7	%		19.1	%		20.4	%

Deferred income tax assets and liabilities

	2011			2010
Current deferred income tax assets:
Compensation and benefits	$	26.1		$	22.0
Product warranty costs		14.1			14.0
Inventory		57.3			50.8
Allowance for doubtful accounts		15.2			14.6
Deferred credits		9.4			10.5
Returns, rebates and incentives		44.3			34.2
Self-insurance reserves		2.2			2.5
Restructuring reserves		1.1			2.4
Net operating loss carryforwards		1.6			1.6
U.S. federal tax credit carryforwards		8.4			0.7
State tax credit carryforwards		—			0.3
Other — net		19.9			16.6
Current deferred income tax assets		199.6			170.2
Long-term deferred income tax assets (liabilities):
Retirement benefits	$	335.4		$	316.9
Property		(80.3	)		(75.5	)
Intangible assets		(28.9	)		(24.0	)
Environmental reserves		11.9			12.9
Share-based compensation		33.6			36.9
Self-insurance reserves		5.7			6.2
Deferred gains		3.8			4.3
Net operating loss carryforwards		41.6			44.2
Capital loss carryforwards		18.3			11.7
U.S. federal tax credit carryforwards		1.5			1.5
State tax credit carryforwards		3.5			2.5
Other — net		22.9			13.6
Subtotal		369.0			351.2
Valuation allowance		(32.8	)		(26.7	)
Net long-term deferred income tax assets		336.2			324.5
Total deferred income tax assets	$	535.8		$	494.7

Tax attributes and valuation allowances

	Tax				Carryforward
	Benefit		Valuation		Period
Tax Attribute to be Carried Forward	Amount		Allowance		Ends
Non-United States net operating loss carryforward	$	7.3	$	5.0		2012-2021
Non-United States net operating loss carryforward		12.0		6.2	Indefinite
Non-United States capital loss carryforward		18.3		18.3	Indefinite
United States net operating loss carryforward		8.5		—		2019-2027
United States tax credit carryforward		9.9		—		2018-2031
State and local net operating loss carryforward		15.4		0.9		2012-2031
State tax credit carryforward		3.5		—		2015-2026
Subtotal — tax carryforwards		74.9		30.4
Other deferred tax assets		2.4		2.4	Indefinite
Total	$	77.3	$	32.8

Gross Unrecognized tax benefits, excluding interest and penalties

	2011			2010			2009
Gross unrecognized tax benefits balance at beginning of year	$	66.3		$	116.7		$	125.8
Additions based on tax positions related to the current year		22.3			6.3			15.3
Additions based on tax positions related to prior years		9.3			1.0			2.2
Reductions based on tax positions related to prior years		(0.6	)		(12.0	)		(8.1	)
Reductions related to settlements with taxing authorities		(18.5	)		(44.0	)		(13.3	)
Reductions related to lapses of statute of limitations		(3.0	)		(3.7	)		(3.9	)
Effect of foreign currency translation		(0.7	)		2.0			(1.3	)
Gross unrecognized tax benefits balance at end of year		75.1			66.3			116.7
Offsetting tax benefits		(44.9	)		(51.1	)		(49.1	)
Net unrecognized tax benefits	$	30.2		$	15.2		$	67.6