Hillenbrand, Inc. Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss)

6 Months Ended

Mar. 31, 2018



	Pension and Postretirement			Currency Translation			Net Unrealized Gain (Loss) on Derivative Instruments			Total Attributable to Hillenbrand, Inc.			Noncontrolling Interests		Total
Balance at September 30, 2016	$	(67.5	)	$	(61.6	)	$	(0.7	)	$	(129.8	)
Other comprehensive income before reclassifications
Before tax amount	11.0			(13.6		)	2.0			(0.6		)	$	0.2	$	(0.4	)
Tax expense	(4.0		)	—			(0.7		)	(4.7		)	—		(4.7		)
After tax amount	7.0			(13.6		)	1.3			(5.3		)	0.2		(5.1		)
Amounts reclassified from accumulated other comprehensive income(1)	1.9			—			0.2			2.1			—		2.1
Net current period other comprehensive income (loss)	8.9			(13.6		)	1.5			(3.2		)	$	0.2	$	(3.0	)
Balance at March 31, 2017	$	(58.6	)	$	(75.2	)	$	0.8		$	(133.0	)

(1) Amounts are net of tax.



	Pension and Postretirement			Currency Translation			Net Unrealized Gain (Loss) on Derivative Instruments			Total Attributable to Hillenbrand, Inc.			Noncontrolling Interests		Total
Balance at September 30, 2017	$	(45.3	)	$	(36.9	)	$	1.0		$	(81.2	)
Other comprehensive income before reclassifications
Before tax amount	—			21.0			0.8			21.8			$	—	$	21.8
Tax expense	—			—			(0.2		)	(0.2		)	—		(0.2		)
After tax amount	—			21.0			0.6			21.6			—		21.6
Amounts reclassified from accumulated other comprehensive income(1)	1.4			—			(0.3		)	1.1			—		1.1
Net current period other comprehensive income (loss)	1.4			21.0			0.3			22.7			$	—	$	22.7
Balance at March 31, 2018	$	(43.9	)	$	(15.9	)	$	1.3		$	(58.5	)

(1) Amounts are net of tax.

Reclassifications out of Accumulated Other Comprehensive Income include:



	Three Months Ended March 31, 2017
	Amortization of Pension and Postretirement (1)				(Gain)/Loss on Derivative Instruments
	Net Loss Recognized		Prior Service Costs Recognized		(Gain)/Loss on Derivative Instruments		Total
Affected Line in the Consolidated Statement of Operations:
Net revenue	$	—	$	—	$	0.1	$	0.1
Cost of goods sold	1.1		—		—		1.1
Operating expenses	0.6		0.1		—		0.7
Other income (expense), net	—		—		—		—
Total before tax	$	1.7	$	0.1	$	0.1	$	1.9
Tax expense							(0.7		)
Total reclassifications for the period, net of tax							$	1.2

	Six Months Ended March 31, 2017
	Amortization of Pension and Postretirement (1)				(Gain)/Loss on Derivative Instruments
	Net Loss Recognized		Prior Service Costs Recognized		(Gain)/Loss on Derivative Instruments		Total
Affected Line in the Consolidated Statement of Operations:
Net revenue	$	—	$	—	$	0.2	$	0.2
Cost of goods sold	1.9		0.1		—		2.0
Operating expenses	0.9		0.1		—		1.0
Other income (expense), net	—		—		0.1		0.1
Total before tax	$	2.8	$	0.2	$	0.3	$	3.3
Tax expense							(1.2		)
Total reclassifications for the period, net of tax							$	2.1



	Three Months Ended March 31, 2018
	Amortization of Pension and Postretirement (1)					(Gain)/Loss on
	Net Loss Recognized		Prior Service Costs Recognized			Derivative Instruments			Total
Affected Line in the Consolidated Statement of Operations:
Net revenue	$	—	$	—		$	—		$	—
Cost of goods sold	0.6		0.1			—			0.7
Operating expenses	0.3		(0.1		)	—			0.2
Other income (expense), net	—		—			—			—
Total before tax	$	0.9	$	—		$	—		$	0.9
Tax expense									(0.2		)
Total reclassifications for the period, net of tax									$	0.7

	Six Months Ended March 31, 2018
	Amortization of Pension and Postretirement (1)					(Gain)/Loss on
	Net Loss Recognized		Prior Service Costs Recognized			Derivative Instruments			Total
Affected Line in the Consolidated Statement of Operations:
Net revenue	$	—	$	—		$	(0.4	)	$	(0.4	)
Cost of goods sold	1.3		0.1			—			1.4
Operating expenses	0.7		(0.1		)	—			0.6
Other income (expense), net	—		—			—			—
Total before tax	$	2.0	$	—		$	(0.4	)	$	1.6
Tax expense									(0.5		)
Total reclassifications for the period, net of tax									$	1.1

(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 7).