Discontinued Operations (Tables)

12 Months Ended

Sep. 30, 2012

Schedule of Operating Results and Assets and Liabilities of Discontinued Operations

The results of discontinued operations are summarized below:

		2012		2011		2010
Sales	$	258.0	$	408.3	$	409.9

Income before taxes	$	68.1	$	114.1	$	121.3
Income tax provision		20.8		24.2		33.8
Income from operations of discontinued operations		47.3		89.9		87.5
Gain on sale of business and impairment/write-down, net of tax		120.8		0.0		0.0
Income from Discontinued Operations, net of tax	$	168.1	$	89.9	$	87.5

Assets and liabilities of discontinued operations consist of the following:

30 September		2012		2011
Cash and cash items	$	-	$	1.1
Trade receivables, net		15.0		213.4
Inventories		.5		11.2
Other current assets		.1		17.5
Total Current Assets	$	15.6	$	243.2

Plant and equipment, net	$	27.2	$	189.3
Goodwill		-		96.2
Other noncurrent assets		-		3.4
Total Noncurrent Assets	$	27.2	$	288.9

Payables and accrued liabilities	$	6.0	$	42.1
Accrued income taxes		-		.5
Short-term borrowings		-		.7
Total Current Liabilities	$	6.0	$	43.3

Other noncurrent liabilities	$	.2	$	12.4
Deferred income taxes		-		11.9
Total Noncurrent Liabilities	$	.2	$	24.3

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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