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Basis of Presentation and Accounting Policies (Tables)
6 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table reconciles basic and diluted earnings per share (EPS) amounts (in millions, except per share amounts):
 
Three Months Ended
March 31,
 
Six Months Ended
March 31,
 
2017
 
2016
 
2017
 
2016
Net income
$
189.5

 
$
168.0

 
$
404.2

 
$
353.5

Less: Allocation to participating securities
(0.2
)
 
(0.2
)
 
(0.4
)
 
(0.4
)
Net income available to common shareowners
$
189.3

 
$
167.8


$
403.8

 
$
353.1

Basic weighted average outstanding shares
128.7

 
130.5

 
128.5

 
131.2

Effect of dilutive securities
 
 
 
 
 
 
 
Stock options
1.3

 
0.8

 
1.3

 
0.8

Performance shares
0.3

 
—

 
0.2

 
—

Diluted weighted average outstanding shares
130.3

 
131.3

 
130.0

 
132.0

Earnings per share:
 
 
 
 
 
 
 
Basic
$
1.47

 
$
1.29

 
$
3.14

 
$
2.69

Diluted
$
1.45

 
$
1.28

 
$
3.11

 
$
2.68