Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Information - Consolidating balance sheet (Details)

v3.19.2
Condensed Consolidating Information - Consolidating balance sheet (Details) - USD ($)
$ in Millions
Jun. 30, 2019
Mar. 31, 2019
Oct. 01, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2017
ASSETS              
Cash and cash equivalents $ 64.4     $ 56.0 $ 71.1    
Trade receivables, net 198.8     218.5      
Receivables from long-term manufacturing contracts 158.6   $ 122.2 120.3      
Inventories 186.7   170.9 172.5      
Prepaid expense 29.0     25.2      
Other current assets 20.7     18.1      
Total current assets 658.2     610.6      
Property, plant, and equipment, net 136.6     142.0      
Intangible assets, net 471.1     487.3      
Goodwill 586.8     581.9      
Investment in consolidated subsidiaries 0.0            
Other assets 37.9     42.8      
Total Assets 1,890.6     1,864.6      
LIABILITIES              
Trade accounts payable 224.5     196.8      
Liabilities from long-term manufacturing contracts and advances 109.2     125.9      
Accrued compensation 68.9     71.9      
Other current liabilities 123.7     137.1      
Total current liabilities 526.3     531.7      
Long-term debt 323.2     344.6      
Accrued pension and postretirement healthcare 114.2     120.5      
Deferred income taxes 70.8   $ 76.5 76.4      
Other long-term liabilities 60.3     47.3      
Total Liabilities 1,094.8     1,120.5      
Hillenbrand Shareholders’ Equity 781.2     731.1      
Stockholders' Equity Attributable to Parent [Abstract]              
Noncontrolling interests 14.6     13.0      
Total Shareholders’ Equity 795.8 $ 770.1   744.1 $ 711.5 $ 732.0 $ 765.9
Total Liabilities and Equity 1,890.6     1,864.6      
Reportable legal entities | Parent              
ASSETS              
Cash and cash equivalents 0.1     1.1      
Prepaid expense 3.0     2.7      
Intercompany receivables 0.0     0.0      
Other current assets 0.0     0.0      
Total current assets 3.1     3.8      
Property, plant, and equipment, net 3.5     3.8      
Intangible assets, net 2.5     3.2      
Investment in consolidated subsidiaries 2,347.3     2,263.1      
Other assets 31.2     15.7      
Total Assets 2,387.6     2,289.6      
LIABILITIES              
Trade accounts payable 0.2     0.0      
Accrued compensation 5.2     7.2      
Intercompany payables 1,214.5     1,206.2      
Other current liabilities 24.1     19.4      
Total current liabilities 1,244.0     1,232.8      
Long-term debt 323.2     300.2      
Accrued pension and postretirement healthcare 0.7     0.7      
Deferred income taxes 0.0     0.7      
Other long-term liabilities 38.5     24.1      
Total Liabilities 1,606.4     1,558.5      
Hillenbrand Shareholders’ Equity 781.2     731.1      
Stockholders' Equity Attributable to Parent [Abstract]              
Total Shareholders’ Equity 781.2     731.1      
Total Liabilities and Equity 2,387.6     2,289.6      
Reportable legal entities | Guarantors              
ASSETS              
Cash and cash equivalents 5.5     5.8      
Trade receivables, net 99.2     124.5      
Receivables from long-term manufacturing contracts 9.8     5.3      
Inventories 81.1     76.7      
Prepaid expense 6.6     7.0      
Intercompany receivables 1,169.2     1,131.1      
Other current assets 2.6     3.2      
Total current assets 1,374.0     1,353.6      
Property, plant, and equipment, net 58.6     60.2      
Intangible assets, net 185.0     196.0      
Goodwill 225.0     225.0      
Investment in consolidated subsidiaries 667.8     653.9      
Other assets 27.6     28.2      
Total Assets 2,538.0     2,516.9      
LIABILITIES              
Trade accounts payable 62.5     62.4      
Liabilities from long-term manufacturing contracts and advances 20.0     26.6      
Accrued compensation 19.1     20.1      
Intercompany payables 8.8     6.1      
Other current liabilities 42.6     38.9      
Total current liabilities 153.0     154.1      
Accrued pension and postretirement healthcare 28.8     29.8      
Deferred income taxes 23.1     22.9      
Other long-term liabilities 12.9     14.3      
Total Liabilities 217.8     221.1      
Hillenbrand Shareholders’ Equity 2,320.2     2,295.8      
Stockholders' Equity Attributable to Parent [Abstract]              
Total Shareholders’ Equity 2,320.2     2,295.8      
Total Liabilities and Equity 2,538.0     2,516.9      
Reportable legal entities | Non-Guarantors              
ASSETS              
Cash and cash equivalents 58.8     49.1      
Trade receivables, net 99.6     94.0      
Receivables from long-term manufacturing contracts 148.8     115.0      
Inventories 108.4     98.6      
Prepaid expense 19.4     15.5      
Intercompany receivables 51.3     79.1      
Other current assets 17.6     14.6      
Total current assets 503.9     465.9      
Property, plant, and equipment, net 74.5     78.0      
Intangible assets, net 283.6     288.1      
Goodwill 361.8     356.9      
Investment in consolidated subsidiaries 0.0            
Other assets 3.0     5.9      
Total Assets 1,226.8     1,194.8      
LIABILITIES              
Trade accounts payable 161.8     134.4      
Liabilities from long-term manufacturing contracts and advances 89.2     99.3      
Accrued compensation 44.6     44.6      
Other current liabilities 67.0     78.1      
Total current liabilities 362.6     356.4      
Long-term debt 0.0     44.4      
Accrued pension and postretirement healthcare 84.7     90.0      
Deferred income taxes 61.1     60.9      
Other long-term liabilities 8.9     8.9      
Total Liabilities 517.3     560.6      
Hillenbrand Shareholders’ Equity 694.9     621.2      
Stockholders' Equity Attributable to Parent [Abstract]              
Noncontrolling interests 14.6     13.0      
Total Shareholders’ Equity 709.5     634.2      
Total Liabilities and Equity 1,226.8     1,194.8      
Consolidation, Eliminations [Member]              
ASSETS              
Inventories (2.8)     (2.8)      
Intercompany receivables (1,220.5)     (1,210.2)      
Other current assets 0.5     0.3      
Total current assets (1,222.8)     (1,212.7)      
Investment in consolidated subsidiaries (3,015.1)     (2,917.0)      
Other assets (23.9)     (7.0)      
Total Assets (4,261.8)     (4,136.7)      
LIABILITIES              
Trade accounts payable 0.0     0.0      
Intercompany payables (1,223.3)     (1,212.3)      
Other current liabilities (10.0)     0.7      
Total current liabilities (1,233.3)     (1,211.6)      
Deferred income taxes (13.4)     (8.1)      
Other long-term liabilities 0.0            
Total Liabilities (1,246.7)     (1,219.7)      
Hillenbrand Shareholders’ Equity (3,015.1)     (2,917.0)      
Stockholders' Equity Attributable to Parent [Abstract]              
Total Shareholders’ Equity (3,015.1)     (2,917.0)      
Total Liabilities and Equity $ (4,261.8)     $ (4,136.7)