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Separate Financial Information of Subsidiary Guarantors of Indebtedness (Tables)
 3 Months Ended
Dec. 31, 2016
Separate Financial Information of Subsidiary Guarantors of Indebtedness Disclosure Abstract  
Schedule of condensed consolidating statements of income and comprehensive income
Condensed Consolidating Statement of Income and Comprehensive Income
For the Three Months Ended December 31, 2016
 
Oshkosh
Corporation
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales
$
—

 
$
1,049.8

 
$
202.9

 
$
(41.3
)
 
$
1,211.4

Cost of sales
(0.8
)
 
874.5

 
179.5

 
(41.5
)
 
1,011.7

Gross income
0.8

 
175.3

 
23.4

 
0.2

 
199.7

Selling, general and administrative expenses
31.6

 
91.5

 
27.9

 
—

 
151.0

Amortization of purchased intangibles
—

 
9.6

 
2.9

 
—

 
12.5

Operating income (loss)
(30.8
)
 
74.2

 
(7.4
)
 
0.2

 
36.2

Interest expense
(13.6
)
 
(13.6
)
 
(0.5
)
 
13.0

 
(14.7
)
Interest income
0.7

 
4.1

 
9.0

 
(13.0
)
 
0.8

Miscellaneous, net
22.5

 
(52.2
)
 
31.0

 
—

 
1.3

Income (loss) before income taxes
(21.2
)
 
12.5

 
32.1

 
0.2

 
23.6

Provision for (benefit from) income taxes
(5.1
)
 
3.0

 
7.2

 
0.1

 
5.2

Income (loss) before equity in earnings of affiliates
(16.1
)
 
9.5

 
24.9

 
0.1

 
18.4

Equity in earnings of consolidated subsidiaries
35.3

 
15.7

 
(10.7
)
 
(40.3
)
 
—

Equity in earnings of unconsolidated affiliates
—

 
—

 
0.8

 
—

 
0.8

Net income
19.2

 
25.2

 
15.0

 
(40.2
)
 
19.2

Other comprehensive income (loss), net of tax
(29.6
)
 
(0.9
)
 
(29.2
)
 
30.1

 
(29.6
)
Comprehensive income (loss)
$
(10.4
)
 
$
24.3

 
$
(14.2
)
 
$
(10.1
)
 
$
(10.4
)


Condensed Consolidating Statement of Income and Comprehensive Income
For the Three Months Ended December 31, 2015
 
Oshkosh
Corporation
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales
$
—

 
$
1,056.8

 
$
220.4

 
$
(25.2
)
 
$
1,252.0

Cost of sales
0.3

 
899.0

 
195.1

 
(25.2
)
 
1,069.2

Gross income (loss)
(0.3
)
 
157.8

 
25.3

 
—

 
182.8

Selling, general and administrative expenses
23.6

 
89.3

 
26.4

 
—

 
139.3

Amortization of purchased intangibles
—

 
9.8

 
3.4

 
—

 
13.2

Operating income (loss)
(23.9
)
 
58.7

 
(4.5
)
 
—

 
30.3

Interest expense
(59.6
)
 
(14.7
)
 
(0.7
)
 
60.4

 
(14.6
)
Interest income
0.5

 
16.2

 
44.2

 
(60.4
)
 
0.5

Miscellaneous, net
14.9

 
(41.4
)
 
26.5

 
—

 
—

Income (loss) before income taxes
(68.1
)
 
18.8

 
65.5

 
—

 
16.2

Provision for (benefit from) income taxes
(5.8
)
 
1.6

 
5.9

 
—

 
1.7

Income (loss) before equity in earnings of affiliates
(62.3
)
 
17.2

 
59.6

 
—

 
14.5

Equity in earnings of consolidated subsidiaries
77.2

 
18.1

 
(6.4
)
 
(88.9
)
 
—

Equity in earnings of unconsolidated affiliates
(0.3
)
 
—

 
0.4

 
—

 
0.1

Net income
14.6

 
35.3

 
53.6

 
(88.9
)
 
14.6

Other comprehensive income (loss), net of tax
(10.5
)
 
(2.9
)
 
(8.1
)
 
11.0

 
(10.5
)
Comprehensive income (loss)
$
4.1

 
$
32.4

 
$
45.5

 
$
(77.9
)
 
$
4.1
Condensed consolidating balance sheet
Condensed Consolidating Balance Sheet
As of December 31, 2016
 
Oshkosh
Corporation
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
323.5

 
$
4.5

 
$
41.6

 
$
—

 
$
369.6

Receivables, net
18.7

 
539.2

 
174.1

 
(33.0
)
 
699.0

Inventories, net
—

 
845.5

 
363.2

 
—

 
1,208.7

Other current assets
53.4

 
58.6

 
6.7

 
—

 
118.7

Total current assets
395.6

 
1,447.8

 
585.6

 
(33.0
)
 
2,396.0

Investment in and advances to consolidated subsidiaries
2,746.1

 
1,274.4

 
(112.8
)
 
(3,907.7
)
 
—

Intercompany receivables
47.9

 
231.9

 
1,887.4

 
(2,167.2
)
 
—

Intangible assets, net
—

 
936.5

 
595.2

 
—

 
1,531.7

Other long-term assets
83.9

 
228.5

 
250.9

 
—

 
563.3

Total assets
$
3,273.5

 
$
4,119.1

 
$
3,206.3

 
$
(6,107.9
)
 
$
4,491.0

 
 
 
 
 
 
 
 
 
 
Liabilities and Shareholders' Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
12.4

 
$
378.5

 
$
119.5

 
$
(32.7
)
 
$
477.7

Customer advances
—

 
495.9

 
6.9

 
—

 
502.8

Other current liabilities
61.8

 
211.4

 
84.6

 
(0.3
)
 
357.5

Total current liabilities
74.2

 
1,085.8

 
211.0

 
(33.0
)
 
1,338.0

Long-term debt, less current maturities
821.6

 
—

 
—

 
—

 
821.6

Intercompany payables
325.8

 
1,793.5

 
47.9

 
(2,167.2
)
 
—

Other long-term liabilities
71.6

 
154.3

 
125.2

 
—

 
351.1

Total shareholders' equity
1,980.3

 
1,085.5

 
2,822.2

 
(3,907.7
)
 
1,980.3

Total liabilities and shareholders' equity
$
3,273.5

 
$
4,119.1

 
$
3,206.3

 
$
(6,107.9
)
 
$
4,491.0


Condensed Consolidating Balance Sheet
As of September 30, 2016
 
Oshkosh
Corporation
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
285.4

 
$
1.7

 
$
34.8

 
$
—

 
$
321.9

Receivables, net
13.0

 
734.3

 
319.6

 
(45.0
)
 
1,021.9

Inventories, net
—

 
679.1

 
300.7

 
—

 
979.8

Other current assets
28.0

 
58.5

 
7.4

 
—

 
93.9

Total current assets
326.4

 
1,473.6

 
662.5

 
(45.0
)
 
2,417.5

Investment in and advances to consolidated subsidiaries
6,148.2

 
1,253.6

 
(120.0
)
 
(7,281.8
)
 
—

Intercompany receivables
48.0

 
1,353.7

 
4,632.2

 
(6,033.9
)
 
—

Intangible assets, net
—

 
947.5

 
609.5

 
—

 
1,557.0

Other long-term assets
87.3

 
232.7

 
219.3

 
—

 
539.3

Total assets
$
6,609.9

 
$
5,261.1

 
$
6,003.5

 
$
(13,360.7
)
 
$
4,513.8

 
 
 
 
 
 
 
 
 
 
Liabilities and Shareholders' Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
13.3

 
$
375.0

 
$
122.6

 
$
(44.8
)
 
$
466.1

Customer advances
—

 
465.8

 
6.0

 
—

 
471.8

Other current liabilities
85.5

 
246.5

 
97.9

 
(0.2
)
 
429.7

Total current liabilities
98.8

 
1,087.3

 
226.5

 
(45.0
)
 
1,367.6

Long-term debt, less current maturities
826.2

 
—

 
—

 
—

 
826.2

Intercompany payables
3,639.4

 
2,346.5

 
48.0

 
(6,033.9
)
 
—

Other long-term liabilities
69.0

 
147.9

 
126.6

 
—

 
343.5

Total shareholders' equity
1,976.5

 
1,679.4

 
5,602.4

 
(7,281.8
)
 
1,976.5

Total liabilities and shareholders' equity
$
6,609.9

 
$
5,261.1

 
$
6,003.5

 
$
(13,360.7
)
 
$
4,513.8
Condensed consolidating statement of cash flows
Condensed Consolidating Statement of Cash Flows
For the Three Months Ended December 31, 2016
 
Oshkosh
Corporation
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net cash provided (used) by operating activities
$
(42.8
)
 
$
67.0

 
$
59.6

 
$
—

 
$
83.8

 
 
 
 
 
 
 
 
 
 
Investing activities:
 
 
 
 
 
 
 
 
 
Additions to property, plant and equipment
(0.4
)
 
(9.1
)
 
(4.7
)
 
—

 
(14.2
)
Additions to equipment held for rental
—

 
—

 
(12.9
)
 
—

 
(12.9
)
Proceeds from sale of equipment held for rental
—

 
—

 
5.3

 
—

 
5.3

Intercompany investing
—

 
498.1

 
(39.0
)
 
(459.1
)
 
—

Other investing activities
(0.2
)
 
—

 
—

 
—

 
(0.2
)
Net cash provided (used) by investing activities
(0.6
)
 
489.0

 
(51.3
)
 
(459.1
)
 
(22.0
)
 
 
 
 
 
 
 
 
 
 
Financing activities:
 
 
 
 
 
 
 
 
 
Repayments of debt (original maturities greater than three months)
(20.0
)
 
—

 
—

 
—

 
(20.0
)
Repurchases of Common Stock
(3.0
)
 
—

 
—

 
—

 
(3.0
)
Dividends paid
(15.6
)
 
—

 
—

 
—

 
(15.6
)
Proceeds from exercise of stock options
26.2

 
—

 
—

 
—

 
26.2

Intercompany financing
93.9

 
(553.0
)
 
—

 
459.1

 
—

Net cash provided (used) by financing activities
81.5

 
(553.0
)
 
—

 
459.1

 
(12.4
)
 
 
 
 
 
 
 
 
 
 
Effect of exchange rate changes on cash
—

 
(0.2
)
 
(1.5
)
 
—

 
(1.7
)
Increase in cash and cash equivalents
38.1

 
2.8

 
6.8

 
—

 
47.7

Cash and cash equivalents at beginning of period
285.4

 
1.7

 
34.8

 
—

 
321.9

Cash and cash equivalents at end of period
$
323.5

 
$
4.5

 
$
41.6

 
$
—

 
$
369.6


Condensed Consolidating Statement of Cash Flows
For the Three Months Ended December 31, 2015
 
Oshkosh
Corporation
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net cash provided (used) by operating activities
$
(83.3
)
 
$
86.8

 
$
69.7

 
$
—

 
$
73.2

 
 
 
 
 
 
 
 
 
 
Investing activities:
 
 
 
 
 
 
 
 
 
Additions to property, plant and equipment
(7.0
)
 
(5.1
)
 
(9.2
)
 
—

 
(21.3
)
Additions to equipment held for rental
—

 
—

 
(15.0
)
 
—

 
(15.0
)
Proceeds from sale of equipment held for rental
—

 
0.6

 
18.1

 
—

 
18.7

Intercompany investing
—

 
(76.6
)
 
(75.3
)
 
151.9

 
—

Other investing activities
(0.5
)
 
(0.1
)
 
—

 
—

 
(0.6
)
Net cash used by investing activities
(7.5
)
 
(81.2
)
 
(81.4
)
 
151.9

 
(18.2
)
 
 
 
 
 
 
 
 
 
 
Financing activities:
 
 
 
 
 
 
 
 
 
Proceeds from issuance of debt (original maturities greater than three months)
150.0

 
—

 
3.6

 
—

 
153.6

Repayments of debt (original maturities greater than three months)
(135.0
)
 
—

 
—

 
—

 
(135.0
)
Net increase in short-term debt
28.2

 
—

 
—

 
—

 
28.2

Repurchases of Common Stock
(101.5
)
 
—

 
—

 
—

 
(101.5
)
Dividends paid
(14.1
)
 
—

 
—

 
—

 
(14.1
)
Proceeds from exercise of stock options
1.4

 
—

 
—

 
—

 
1.4

Excess tax benefit from stock-based compensation
0.8

 
—

 
—

 
—

 
0.8

Intercompany financing
158.4

 
(6.5
)
 
—

 
(151.9
)
 
—

Net cash provided (used) by financing activities
88.2

 
(6.5
)
 
3.6

 
(151.9
)
 
(66.6
)
 
 
 
 
 
 
 
 
 
 
Effect of exchange rate changes on cash
—

 
0.2

 
2.2

 
—

 
2.4

Decrease in cash and cash equivalents
(2.6
)
 
(0.7
)
 
(5.9
)
 
—

 
(9.2
)
Cash and cash equivalents at beginning of period
14.8

 
6.3

 
21.8

 
—

 
42.9

Cash and cash equivalents at end of period
$
12.2

 
$
5.6


$
15.9


$
—

 
$
33.7