XML 67 R51.htm IDEA: XBRL DOCUMENT v3.5.0.2
Other Assets Other Assets (Tables)
12 Months Ended
Sep. 30, 2016
Schedule of Available-for-sale Securities [Line Items]  
Schedule Of Asset Backed Loans Other Invested Assets Table [Table Text Block]
 
September 30,
 
2016
 
2015
Asset-based loans, net of deferred fees, by major industry:
 
 
 
Apparel
$
18.8

 
$
66.0

Manufacturing
10.9

 
32.7

Jewelry
7.2

 
36.9

Electronics
3.1

 
45.9

Other
6.0

 
93.1

Total asset-based loans
46.0

 
274.6

Less: Allowance for credit losses
11.0

 
47.9

Total asset-based loans, net
$
35.0

 
$
226.7

Allowance for Credit Losses on Financing Receivables [Table Text Block]
Fiscal 2016, 2015 and 2014:
 
Fiscal
 
2016
 
2015
 
2014
Allowance for credit losses:
 
 
 
 
 
Balance at beginning of year
$
47.9

 
$
5.5

 
$
4.0

Provision for credit losses
12.8

 
93.5

 
1.5

Charge-offs
(52.6
)
 
(51.1
)
 

Recoveries
2.9

 

 

Balance at end of year
$
11.0

 
$
47.9

 
$
5.5

Financing Receivable Credit Quality Indicators [Table Text Block]
 
Internal Risk Rating
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
September 30, 2016
$

 
$
1.1

 
$
14.8

 
$
30.1

 
$
46.0

September 30, 2015
$
69.0

 
$
32.4

 
$
74.0

 
$
99.2

 
$
274.6

Available-for-Sale Securities
 
September 30, 2016
 
Cost or Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Carrying Value
Funds withheld receivables with FGL
 
 
 
 
 
 
 
 
 
Corporates
$
638.5

 
$
18.2

 
$
(29.5
)
 
$
627.2

 
$
627.2

Asset/Mortgage-backed securities
238.8

 
0.6

 
(7.9
)
 
231.5

 
231.5

Municipals
12.1

 
0.7

 

 
12.8

 
12.8

Government bonds
1.1

 

 

 
1.1

 
1.1

Preferred stock
8.8

 
0.3

 
(0.9
)
 
8.2

 
8.2

Total funds withheld receivables with FGL
899.3

 
19.8

 
(38.3
)
 
880.8

 
880.8

Funds withheld receivables with third parties
 
 
 
 
 
 
 
 
 
Corporates
390.0

 
18.8

 
(2.7
)
 
406.1

 
406.1

Asset/Mortgage-backed securities
118.7

 
1.9

 
(1.7
)
 
118.9

 
118.9

Municipals
49.5

 
4.1

 

 
53.6

 
53.6

Government bonds
67.7

 
1.3

 
(0.2
)
 
68.8

 
68.8

Agency bonds
6.6

 
0.3

 

 
6.9

 
6.9

Total funds withheld receivables with third parties
632.5

 
26.4

 
(4.6
)
 
654.3

 
654.3

Total fixed maturity and equity securities included in funds withheld receivables
1,531.8

 
46.2

 
(42.9
)
 
1,535.1

 
1,535.1

 
 
 
 
 
 
 
 
 
 
Call option receivable from FGL included in funds withheld receivables
9.8

 
1.5

 

 
11.3

 
11.3

Accrued interest
17.8

 

 

 
17.8

 
17.8

Net receivables
77.7

 

 

 
77.7

 
77.7

Policy loans and other
8.5

 

 

 
8.5

 
8.5

Total funds withheld receivables
$
1,645.6

 
$
47.7

 
$
(42.9
)
 
$
1,650.4

 
$
1,650.4

 
September 30, 2015
 
Cost or Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Carrying Value
Funds withheld receivables with FGL
 
 
 
 
 
 
 
 
 
Corporates
$
740.4

 
$
4.5

 
$
(67.9
)
 
$
677.0

 
$
677.0

Asset/Mortgage-backed securities
274.6

 
1.3

 
(6.6
)
 
269.3

 
269.3

Municipals
28.5

 
0.1

 
(0.6
)
 
28.0

 
28.0

Preferred stock
38.9

 
1.4

 
(1.0
)
 
39.3

 
39.3

Total funds withheld receivables with FGL
1,082.4

 
7.3

 
(76.1
)
 
1,013.6

 
1,013.6

Funds withheld receivables with third parties
 
 
 
 
 
 
 
 
 
Corporates
420.8

 
3.7

 
(18.5
)
 
406.0

 
406.0

Asset/Mortgage-backed securities
125.4

 
1.3

 
(1.0
)
 
125.7

 
125.7

Municipals
72.9

 
0.8

 
(0.7
)
 
73.0

 
73.0

Government bonds
8.3

 
0.1

 

 
8.4

 
8.4

Agency bonds
11.5

 

 
(0.1
)
 
11.4

 
11.4

Total funds withheld receivables with third parties
638.9

 
5.9

 
(20.3
)
 
624.5

 
624.5

Total fixed maturity and equity securities included in funds withheld receivables
1,721.3

 
13.2

 
(96.4
)
 
1,638.1

 
1,638.1

 
 
 
 
 
 
 
 
 
 
Call option receivable from FGL included in funds withheld receivables
12.3

 

 
(6.9
)
 
5.4

 
5.4

Accrued interest
20.5

 

 

 
20.5

 
20.5

Net receivables
41.1

 

 

 
41.1

 
41.1

Policy loans and other
5.0

 

 

 
5.0

 
5.0

Total funds withheld receivables
$
1,800.2

 
$
13.2

 
$
(103.3
)
 
$
1,710.1

 
$
1,710.1

The Company’s consolidated other investments included in Other assets” at September 30, 2015, can be summarized as follows:
 
September 30, 2015
 
Cost or Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Carrying Value
Corporate fixed-maturity securities, available-for-sale
$
14.1

 
$

 
$

 
$
14.1

 
$
14.1

Equity securities - held for trading
18.7

 
14.1

 

 
32.8

 
32.8

Other invested assets
5.3

 

 

 
5.3

 
5.3

Total other investments
$
38.1

 
$
14.1

 
$

 
$
52.2

 
$
52.2

Other Current Assets [Text Block]
 
September 30,
 
2016
 
2015
Prepaid expenses and other assets
$
137.6

 
$
133.1

Asset-based loans
35.0

 
226.7

Other investments

 
52.2

Total other assets
$
172.6

 
$
412.0