Other Required Disclosures (Tables)

9 Months Ended

Jun. 30, 2013

Other Required Disclosures [Abstract]

Components of Receivables, Net

Receivables, net" in the accompanying Condensed Consolidated Balance Sheets consist of the following:

	June 30, 2013		September 30, 2012
Trade accounts receivable
Consumer products	$	511.9	$	357.2
Oil and natural gas	19.9		—
Total trade accounts receivable	531.8		357.2
Contingent purchase price reduction receivable (Note 3)	41.0		41.0
Other receivables	71.1		38.1
Total receivables	643.9		436.3
Less: Allowance for doubtful trade accounts receivable	32.6		21.9
Total receivables, net	$	611.3	$	414.4

Components of Inventories

Inventories of Spectrum Brands which are stated at the lower of cost or market, consist of the following:

	June 30, 2013		September 30, 2012
Raw materials	$	108.3	$	58.5
Work-in-process	53.4		23.4
Finished goods	545.6		370.7
Total inventories	$	707.3	$	452.6

Components of Properties

Properties, including oil and natural gas properties, net, consist of the following:

	June 30, 2013		September 30, 2012
Oil and natural gas properties (full accounting method)
Unproved oil and natural gas properties and development costs not being amortized	$	49.8	$	—
Proved developed and undeveloped oil and natural gas properties	583.1		—
Less: Accumulated depletion	18.0		—
Total oil and natural gas properties, net	614.9		—
Other properties
Land, buildings and improvements	160.4		93.6
Gas gathering assets	21.6		—
Machinery, equipment and other	431.9		325.7
Construction in progress	42.5		18.4
Total other properties, at cost	656.4		437.7
Less: Accumulated depreciation	271.9		216.1
Total other properties, net	384.5		221.6
Total properties, including oil and natural gas properties, net	$	999.4	$	221.6

Schedule of Other Assets

Other assets" in the accompanying Condensed Consolidated Balance Sheets consist of the following:

	June 30, 2013		September 30, 2012
Prepaid expenses and other current assets	$	90.5	$	53.1
Debt issuance costs	104.7		50.9
Deferred charges and other assets	76.7		68.6
Total other assets	$	271.9	$	172.6

Components of Accounts Payable and Other Current Liabilities

"Accounts payable and other current liabilities" in the accompanying Condensed Consolidated Balance Sheets consist of the following:

	June 30, 2013		September 30, 2012
Accounts payable	$	430.6	$	325.9
Wages and benefits	103.7		110.9
Income taxes payable	46.9		96.6
Accrued interest	61.3		50.4
Accrued expenses	158.9		25.1
Oil and natural gas revenues and royalties payable	16.7		—
Accrued dividends on Preferred Stock	8.2		8.3
Restructuring and related charges	16.7		6.6
Other	0.4		130.4
Total accounts payable and other current liabilities	$	843.4	$	754.2

Schedule of Other Liabilities

"Other liabilities" in the accompanying Condensed Consolidated Balance Sheets consist of the following:

	June 30, 2013		September 30, 2012
Amounts payable for investment purchases	$	30.9	$	206.7
Retained asset account	202.9		203.7
Amounts payable to reinsurers	47.7		32.0
Remittances and items not allocated	37.3		29.5
Oil and natural gas asset-retirement obligations	24.8		—
Other	96.0		128.7
Total other liabilities	$	439.6	$	600.6

Reconciliation of Asset Retirement Obligations

Asset retirement obligations

The following is a reconciliation of the EXCO/HGI JV's asset retirement obligations for the period from inception to June 30, 2013:

	June 30, 2013
Asset retirement obligations at inception	$	18.5
Activity during the period:
Liabilities incurred during the period	0.1
Liabilities settled during the period	—
Adjustment to liability due to acquisitions	5.5
Accretion of discount	0.7
Asset retirement obligations at end of period	24.8
Less: Current portion	1.2
Long-term portion	$	23.6

Summarization of Restructuring and Related Charges

The following table summarizes restructuring and related charges incurred by the Global Expense Rationalization Initiatives and the Global Cost Reduction Initiatives, as well as other initiatives which were not significant, for the three months ended June 30, 2013 and July 1, 2012 and where those charges are classified in the accompanying Condensed Consolidated Statements of Operations:

	Three months ended				Nine months ended
	June 30, 2013		July 1, 2012		June 30, 2013		July 1, 2012		Charges Since Inception		Expected Future Charges		Total Projected Costs		Expected Completion Date
Initiatives:
Global Expense Rationalization	$	7.9	$	—	$	7.9	$	—	$	7.9	$	2.6	$	10.5	December 31, 2014
Global Cost Reduction	2.9		3.8		14.6		15.1		97.7		6.8		104.5		January 31, 2015
Other	2.4		0.1		5.2		0.8
	$	13.2	$	3.9	$	27.7	$	15.9
Classification:
Consumer products cost of goods sold	$	1.0	$	2.0	$	4.7	$	8.3
Selling, acquisition, operating and general expenses	12.2		1.9		23.0		7.6
	$	13.2	$	3.9	$	27.7	$	15.9

Summarization of Remaining Accrual Balance Associated with Initiatives and Activity

The following table summarizes the remaining accrual balance associated with the initiatives and the activity during the nine months ended June 30, 2013:

	Accrual Balance at September 30, 2012		Provisions		Cash Expenditures			Non-Cash Items		Accrual Balance at June 30, 2013		Expensed as Incurred (a)
Global Expense Rationalization Initiatives:
Termination benefits	$	—	$	6.8	$	(0.1	)	$	—	$	6.6	$	0.8
Other costs	—		—		—			—		—		0.3
	—		6.8		(0.1		)	—		6.6		1.1
Global Cost Reduction Initiatives:
Termination benefits	3.3		5.4		(3.1		)	$	—	5.6		1.2
Other costs	1.1		0.2		(1.1		)	—		0.3		7.8
	4.4		5.6		(4.2		)	—		5.9		9.0
Other initiatives	2.2		1.6		(0.3		)	0.7		4.2		3.6
	$	6.6	$	14.0	$	(4.6	)	$	0.7	$	16.7	$	13.7

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(a) Consists of amounts not impacting the accrual for restructuring and related charges.