FINANCIAL DERIVATIVES

3 Months Ended

Dec. 31, 2013

FINANCIAL DERIVATIVES

Derivative Instruments and Hedging Activities Disclosure

9.  FINANCIAL DERIVATIVES

Foreign Currency Hedging

The notional amount of foreign currency contracts hedging our exposure related to monetary assets and liabilities denominated in nonfunctional currency totaled $44.3 million at December 31, 2013 and $91.9 million at September 30, 2013.

Presentation of Derivative Amounts

Except for net interest receivable related to our interest rate swaps, all derivatives are recorded on a gross basis.

Balance Sheet Location and Fair Value

	December 31, 2013					September 31, 2013
	Assets			Liabilities		Assets			Liabilities
Non-designated Hedges -- Foreign Currency Contracts
Other assets and deferred costs (current)	$	1.6		$	-	$	0.5		$	-
Other accrued liabilities		-			0.4		-			1.1
Designated Hedges - Interest Rate Swaps
Other assets and deferred costs (noncurrent)		55.4			-	$	66.5			-
Long-term debt		-			61.0		-			71.1
Swap interest receivable		2.0			-		15.6			-
Gross Derivatives	$	59.0		$	61.4	$	82.6		$	-
Swap interest receivable offset		(1.1	) )		-		(8.0	) )		-
Net Derivatives	$	57.9		$	61.4	$	74.6		$	72.2

Income Statement Location and Income (expense)

First Quarters Ended December 31,	2013			2012
Non-designated Hedges --Foreign Currency Contracts
Other income (expense)	$	1.2		$	(0.1	)
Designated Hedges -- Interest Rate Swaps
Ineffectiveness: Other income (expense)	$	(1.1	)	$	1.4
Effectiveness: Interest expense		6.8			5.0