Fair Value Measurements (Tables)

12 Months Ended

Sep. 30, 2018

Schedule of Carrying Values and Fair Values of Financial Instruments

The carrying values and fair values of financial instruments were as follows:



	30 September 2018				30 September 2017
	Carrying Value		Fair Value		Carrying Value		Fair Value
Assets
Derivatives
Forward exchange contracts		$68.8		$68.8		$109.9		$109.9
Interest rate management contracts	77.3		77.3		117.9		117.9
Liabilities
Derivatives
Forward exchange contracts		$80.2		$80.2		$98.0		$98.0
Interest rate management contracts	13.9		13.9		33.9		33.9
Long-term debt, including current portion	3,758.3		3,788.2		3,818.8		3,928.2

Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis

The following table summarizes assets and liabilities measured at fair value on a recurring basis in the consolidated balance sheets:



	30 September 2018								30 September 2017
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Assets at Fair Value
Derivatives
Forward exchange contracts		$68.8		$—		$68.8		$—		$109.9		$—		$109.9		$—
Interest rate management contracts	77.3		—		77.3		—		117.9		—		117.9		—
Total Assets at Fair Value		$146.1		$—		$146.1		$—		$227.8		$—		$227.8		$—
Liabilities at Fair Value
Derivatives
Forward exchange contracts		$80.2		$—		$80.2		$—		$98.0		$—		$98.0		$—
Interest rate management contracts	13.9		—		13.9		—		33.9		—		33.9		—
Total Liabilities at Fair Value		$94.1		$—		$94.1		$—		$131.9		$—		$131.9		$—

Schedule of Nonrecurring Fair Value Measurements

The following is a tabular presentation of nonrecurring fair value measurements along with the level within the fair value hierarchy in which the fair value measurement in its entirety falls:

30 June 2017

2017 Loss

Total

Level 1

Level 2

Level 3

Investment in Equity Affiliate^(A)

$68.5

$—

$68.5

$79.5

^(A)

In fiscal year 2017, we assessed the recoverability of the carrying value of our equity investment in AHG. We estimated the fair value of our investment using weighting of the results of the income and market approaches. An impairment loss was recognized for the difference between the carrying amount and the fair value of the investment as of 30 June 2017. There have been no events during fiscal year 2018 requiring reassessment of our investment. For additional information, see Note 8, Summarized Financial Information of Equity Affiliates.