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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock [Member]
Capital in Excess of Par Value [Member]
Retained Earnings [Member]
AOCI Attributable to Parent
Noncontrolling Interests [Member]
Beginning balance at Sep. 30, 2017   254.5        
Shares issued under restricted stock plan   0.7        
Issuance of common stock, net of stock received for minimum tax withholdings [1]   1.6        
Purchases of common stock (1.7) (1.7)        
Ending balance at Jun. 30, 2018   255.1        
Beginning balance at Sep. 30, 2017   $ 2.5 $ 10,624.9 $ 172.4 $ (457.3) $ 43.6 [2]
Net income $ (2.8)         2.6 [2]
Distributions and adjustments to noncontrolling interests [2]           (27.0)
Net income attributable to common stockholders       1,626.5    
Dividends declared (per share - $0.455, $0.43, $1.365 and $1.29) [3]       (334.0)    
Compensation expense under share-based plans     49.2      
Issuance of common stock, net of stock received for minimum tax withholdings     33.7 [1] (6.5)    
Other comprehensive income (loss), net of tax (217.0) [4]       (217.0)  
Purchases of common stock     (70.3) (30.5)    
Ending balance at Jun. 30, 2018 11,412.8 $ 2.5 10,637.5 1,427.9 (674.3) 19.2 [2]
Total Stockholders’ equity at Jun. 30, 2018 11,393.6          
Beginning balance at Mar. 31, 2018   256.4        
Issuance of common stock, net of stock received for minimum tax withholdings [1]   0.4        
Purchases of common stock   (1.7)        
Ending balance at Jun. 30, 2018   255.1        
Beginning balance at Mar. 31, 2018   $ 2.6 10,684.6 1,302.4 (441.7) 34.3 [2]
Net income (3.1)         2.6 [2]
Distributions and adjustments to noncontrolling interests [2]           (17.7)
Net income attributable to common stockholders       268.2    
Dividends declared (per share - $0.455, $0.43, $1.365 and $1.29) [3]       (112.1)    
Compensation expense under share-based plans     15.5      
Issuance of common stock, net of stock received for minimum tax withholdings   (0.1) [1] 7.7 [1] (0.1)    
Other comprehensive income (loss), net of tax         (232.6)  
Purchases of common stock     (70.3) (30.5)    
Ending balance at Jun. 30, 2018 11,412.8 $ 2.5 10,637.5 1,427.9 (674.3) 19.2 [2]
Total Stockholders’ equity at Jun. 30, 2018 $ 11,393.6          
Beginning balance at Sep. 30, 2018 253.5 253.5        
Shares issued under restricted stock plan   3.0        
Issuance of common stock, net of stock received for minimum tax withholdings [1]   2.9        
Purchases of common stock (2.1) (2.1)        
Ending balance at Jun. 30, 2019 257.3 257.3        
Beginning balance at Sep. 30, 2018 $ 11,482.4 $ 2.5 10,588.9 1,573.3 (695.3) 13.0 [2]
Net income (3.4)         2.3 [2]
Contributions [2]           0.2
Distributions and adjustments to noncontrolling interests [2]           (1.9)
Adoption of revenue from contracts with customers standard       43.5    
Net income attributable to common stockholders       552.1    
Dividends declared (per share - $0.455, $0.43, $1.365 and $1.29) [3]       (361.0)    
Compensation expense under share-based plans     52.0      
Issuance of common stock, net of stock received for minimum tax withholdings   0.1 [1] 89.9 [1] (0.4)    
Fair value of share-based awards issued in business combinations     70.8      
Other comprehensive income (loss), net of tax (0.1) [4]       (0.1)  
Purchases of common stock     (86.2) (2.4)    
Ending balance at Jun. 30, 2019 11,841.3 $ 2.6 10,715.4 1,805.1 (695.4) 13.6 [2]
Total Stockholders’ equity at Jun. 30, 2019 $ 11,827.7          
Beginning balance at Mar. 31, 2019   256.9        
Issuance of common stock, net of stock received for minimum tax withholdings [1]   0.4        
Ending balance at Jun. 30, 2019 257.3 257.3        
Beginning balance at Mar. 31, 2019   $ 2.6 10,692.5 1,671.2 (725.5) 12.8 [2]
Net income $ (1.2)         0.9 [2]
Distributions and adjustments to noncontrolling interests [2]           (0.1)
Net income attributable to common stockholders       252.6    
Dividends declared (per share - $0.455, $0.43, $1.365 and $1.29) [3]       (118.7)    
Compensation expense under share-based plans     15.9      
Issuance of common stock, net of stock received for minimum tax withholdings [1]     7.0      
Other comprehensive income (loss), net of tax         30.1  
Ending balance at Jun. 30, 2019 11,841.3 $ 2.6 $ 10,715.4 $ 1,805.1 $ (695.4) $ 13.6 [2]
Total Stockholders’ equity at Jun. 30, 2019 $ 11,827.7          
[1] Included in the issuance of common stock in the nine months ended June 30, 2019 is the issuance of approximately 1.6 million shares of Common Stock (as hereinafter defined) valued at $70.1 million in connection with the KapStone Acquisition (as hereinafter defined).
[2] Excludes amounts related to contingently redeemable noncontrolling interests, which are separately classified outside of permanent equity on the Condensed Consolidated Balance Sheets.
[3] Includes cash dividends paid, dividend equivalent units on certain restricted stock awards and dividends declared but unpaid related to the shares reserved but unissued at the time of the acquisition of Smurfit-Stone Container Corporation (“Smurfit-Stone”) for the resolution of Smurfit Stone bankruptcy claims.
[4] All amounts are net of tax and noncontrolling interests.