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Derivative Instruments and Fair Value Measurement (Tables)
 12 Months Ended
Sep. 30, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Assets and liabilities measured at fair value on a recurring basis
Assets and liabilities measured at fair value on a recurring basis and their location in our Consolidated Balance Sheet were (in millions):
 
 
 
 
Fair Value (Level 2)
Derivatives Designated as Hedging Instruments
 
Balance Sheet Location
 
September 30, 2012
 
September 30, 2011
Forward exchange contracts
 
Other current assets
 
$
8.7

 
$
15.9

Forward exchange contracts
 
Other assets
 
1.3

 
1.6

Forward exchange contracts
 
Other current liabilities
 
(8.4
)
 
(5.9
)
Forward exchange contracts
 
Other liabilities
 
(1.5
)
 
(1.4
)
Total
 
 
 
$
0.1

 
$
10.2

 
 
 
 
Fair Value (Level 2)
Derivatives Not Designated as Hedging Instruments
 
Balance Sheet Location
 
September 30, 2012
 
September 30, 2011
Forward exchange contracts
 
Other current assets
 
$
2.3

 
$
12.1

Forward exchange contracts
 
Other assets
 
0.1

 
—

Forward exchange contracts
 
Other current liabilities
 
(13.1
)
 
(0.4
)
Total
 
 
 
$
(10.7
)
 
$
11.7
Pre-tax gains (losses) recorded in other comprehensive income related to hedges
The pre-tax amount of (losses) gains recorded in other comprehensive loss related to hedges that would have been recorded in the Consolidated Statement of Operations had they not been so designated was (in millions):
 
 
2012
 
2011
 
2010
Forward exchange contracts (cash flow hedges)
 
$
(1.7
)
 
$
3.0

 
$
9.0

Foreign currency denominated debt (net investment hedges)
 
(0.5
)
 
(0.2
)
 
—

Total
 
$
(2.2
)
 
$
2.8

 
$
9.0
Pre-tax amount of (losses) gains reclassified from accumulated other comprehensive loss related to derivative forward exchange contracts designated as cash flow hedges
The pre-tax amount of (losses) gains reclassified from accumulated other comprehensive loss into the Consolidated Statement of Operations related to derivative forward exchange contracts designated as cash flow hedges, which offset the related losses and gains on the hedged items during the periods presented, was:
 
 
2012
 
2011
 
2010
Sales
 
$
(1.1
)
 
$
0.3

 
$
(2.2
)
Cost of sales
 
7.5

 
(3.5
)
 
(2.2
)
Total
 
$
6.4

 
$
(3.2
)
 
$
(4.4
)
Pre-tax gains (losses) recognized in the Condensed Consolidated Statement of Operations related to forward exchange contracts not designated as hedging instruments
The pre-tax amount of (losses) gains from forward exchange contracts not designated as hedging instruments recognized in the Consolidated Statement of Operations during the periods presented was:
 
 
2012
 
2011
 
2010
Other expense
 
$
(21.9
)
 
$
6.2

 
$
(15.8
)
Cost of sales
 
—

 
0.4

 
(0.4
)
Total
 
$
(21.9
)
 
$
6.6

 
$
(16.2
)
Summary of the carrying value and fair value of long-term debt
We also hold financial instruments consisting of cash, short-term investments, short-term debt and long-term debt. The fair values of our cash, short-term investments and short-term debt approximate their carrying amounts as reported in our Consolidated Balance Sheet due to the short-term nature of these instruments. We base the fair value of long-term debt upon quoted market prices for the same or similar issues. The following table presents the carrying amounts and estimated fair values of financial instruments not measured at fair value in the Consolidated Balance Sheet (in millions):
 
September 30, 2012
 
 
 
Fair Value
 
Carrying Amount
 
Total
 
Level 1
 
Level 2
 
Level 3
Cash and cash equivalents
$
903.9

 
$
903.9

 
$
779.4

 
$
124.5

 
$
—

Short-term investments
350.0

 
350.0

 
—

 
350.0

 
—

Short-term debt
157.0

 
157.0

 
—

 
157.0

 
—

Long-term debt
905.0

 
1,187.9

 
—

 
1,187.9

 
—

 
 
September 30, 2011
 
 
Carrying
Value
 
Fair
Value
Long-term debt
 
$
905.0

 
$
1,125.4