Financing Agreements (Tables)

9 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Schedule of Total Debt

Total debt consists of the following:

	June 30, 2017		September 30, 2016
Revolving credit facilities	$	95.0	$	235.8
Current portion of long-term debt	100.5		73.2
Senior secured Term Loan A, long-term portion	1,293.1		1,372.3
Senior unsecured 5.75% notes due on September 1, 2023	419.7		419.1
Senior unsecured 5.00% notes due on February 14, 2025	295.6		—
Unsecured 7.00% debentures due on February 15, 2024	13.6		13.7
Unsecured 6.75% debentures due on December 15, 2027	29.6		29.6
Securitization Program	86.8		—
Other	5.0		4.8
Total debt	2,338.9		2,148.5
Less Short-term borrowings	187.4		210.1
Total Long-term debt	$	2,151.5	$	1,938.4

Schedule of Facilities Covenants

The Senior Secured Credit Facilities are held with a syndicate of banks, which includes over 30 institutions. Our general corporate assets, including those of our subsidiaries, collateralize these obligations. The amended and restated credit agreement governing these facilities contains financial covenants which specify a maximum secured net leverage ratio and a minimum interest coverage ratio, as such terms are defined in the amended and restated credit agreement. These financial covenants are measured at the end of each fiscal quarter. The required ratios vary providing a gradually decreasing maximum secured net leverage ratio and a gradually increasing minimum interest coverage ratio, as set forth in the table below:

Fiscal Quarter Ended	Maximum Secured Net Leverage Ratio	Minimum Interest Coverage Ratio
December 31, 2016	4.50x	3.25x
December 31, 2017	4.00x	3.50x
December 31, 2018	3.50x	3.75x
December 31, 2019 and thereafter	3.00x	4.00x

Schedule of Fair Values of Long-Term Debt Instruments

The estimated fair values of our long-term debt instruments, including the current portion, are described in the table below:

	June 30, 2017		September 30, 2016
Senior secured Term Loan A	$	1,392.9	$	1,441.0
Senior unsecured 5.75% notes due on September 1, 2023	449.6		454.0
Senior unsecured 5.00% notes due on February 14, 2025	307.4		—
Unsecured debentures	44.9		45.8
Total debt	$	2,194.8	$	1,940.8