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Derivatives (Tables)
12 Months Ended
Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule Of Fair Value Of Outstanding Derivative Instruments

(in millions)

Line Item

2019

2018

Derivative Assets

Interest rate swaps - designated as hedge

Other receivables

$

$

1.8 

Interest rate swaps - designated as hedge

Deferred charges and other

1.0 

Foreign exchange contracts - designated as hedge

Other receivables

7.8

5.5 

Foreign exchange contracts - designated as hedge

Deferred charges and other

0.5

0.2 

Foreign exchange contracts - not designated as hedge

Other receivables

1.2

0.4 

Total Derivative Assets

$

9.5

$

8.9 

Derivative Liabilities

Commodity swaps - designated as hedge

Accounts payable

$

0.2

$

0.4 

Interest rate swaps - designated as hedge

Accrued interest

(0.3)

Foreign exchange contracts - designated as hedge

Accounts payable

0.2

0.3 

Foreign exchange contracts - designated as hedge

Other long term liabilities

0.2 

Foreign exchange contracts - not designated as hedge

Accounts payable

1.9

0.2 

Total Derivative Liabilities

$

2.3

$

0.8 

Summary Of Impact Of Effective And Ineffective Portions Of Designated Hedges And Gain (Loss)

Effective Portion

For the year ended

Reclassified to

Ineffective portion

September 30, 2019

Gain (Loss)

Reclassified to Continuing Operations

Discontinued

Continuing Operations

Discontinued

(in millions)

in OCI

Line Item

Gain (Loss)

Operations

Line Item

Gain (Loss)

Operations

Interest rate swaps

$

(0.6)

Interest expense

$

$

2.2 

Interest expense

$

$

1.7 

Commodity swaps

(1.1)

Cost of goods sold

(0.4)

(4.4)

Cost of goods sold

Net investment hedge

29.8 

Other non-operating expense

Other non-operating expense

Foreign exchange contracts

(0.4)

Net sales

(0.2)

Net sales

Foreign exchange contracts

14.7 

Cost of goods sold

11.7 

0.5 

Cost of goods sold

Total

$

42.4 

$

11.1 

$

(1.7)

$

$

1.7 

Effective Portion

For the year ended

Reclassified to

Ineffective portion

September 30, 2018

Gain (Loss)

Reclassified to Continuing Operations

Discontinued

Continuing Operations

Discontinued

(in millions)

in OCI

Line Item

Gain (Loss)

Operations

Line Item

Gain (Loss)

Operations

Interest rate swaps

$

4.0 

Interest expense

$

$

1.1 

Interest expense

$

$

1.2 

Commodity swaps

(4.5)

Cost of goods sold

0.7 

2.4 

Cost of goods sold

Net investment hedge

6.2 

Other non-operating expense

Other non-operating expense

Foreign exchange contracts

(0.1)

Net sales

0.1 

Net sales

Foreign exchange contracts

10.8 

Cost of goods sold

(9.3)

(1.9)

Cost of goods sold

Total

$

16.4 

$

(8.5)

$

1.6 

$

$

1.2 

Effective Portion

For the year ended

Reclassified to

Ineffective portion

September 30, 2017

Gain (Loss)

Reclassified to Continuing Operations

Discontinued

Continuing Operations

Discontinued

(in millions)

in OCI

Line Item

Gain (Loss)

Operations

Line Item

Gain (Loss)

Operations

Interest rate swaps

$

(0.7)

Interest expense

$

(1.3)

$

Interest expense

$

$

Commodity swaps

6.2 

Cost of goods sold

0.7 

4.7 

Cost of goods sold

Net investment hedge

(24.0)

Other non-operating expense

Other non-operating expense

Foreign exchange contracts

0.4 

Net sales

(0.1)

Net sales

Foreign exchange contracts

(13.5)

Cost of goods sold

6.4 

0.4 

Cost of goods sold

Total

$

(31.6)

$

5.7 

$

5.1 

$

$

Summary Of Impact Of Derivative Instruments

(in millions)

Line Item

2019

2018

2017

Foreign exchange contracts

Other non-operating expense (income)

$

47.3

$

(2.3)

$

0.8 

Cash Flow Hedging [Member]  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule Of Interest Rate Swap Derivative Financial Instruments

2019

2018

(in millions)

Notional Amount

Remaining Years

Notional Amount

Remaining Years

Interest rate swaps - fixed

$

$

300.0 

1.6 

Schedule Of Commodity Swap Contracts Outstanding

2019

2018

(in millions, except notional)

Notional

Contract Value

Notional

Contract Value

Brass swap contracts

0.9 Tons

$

4.4

1.0 Tons

$

5.6