Other Comprehensive Income (Loss)
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|
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|
|
|
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|
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|
Pension and
Postretirement
|
|
Currency
Translation
|
|
Net
Unrealized
Gain (Loss) on
Derivative
Instruments
|
|
Total
Attributable
to
Hillenbrand,
Inc.
|
|
Noncontrolling
Interests
|
|
Total |
Balance at September 30, 2018 |
$ |
(41.0 |
) |
|
$ |
(44.1 |
) |
|
$ |
0.9 |
|
|
$ |
(84.2 |
) |
|
|
|
|
|
|
Other comprehensive income before reclassifications |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Before tax amount |
(30.7 |
) |
|
(20.6 |
) |
|
(20.6 |
) |
|
(71.9 |
) |
|
$ |
— |
|
|
$ |
(71.9 |
) |
Tax benefit |
8.2 |
|
|
— |
|
|
1.6 |
|
|
9.8 |
|
|
— |
|
|
9.8 |
|
After tax amount |
(22.5 |
) |
|
(20.6 |
) |
|
(19.0 |
) |
|
(62.1 |
) |
|
— |
|
|
(62.1 |
) |
Amounts reclassified from accumulated other comprehensive income (loss)(1)
|
1.2 |
|
|
— |
|
|
4.5 |
|
|
5.7 |
|
|
— |
|
|
5.7 |
|
Net current period other comprehensive income (loss) |
(21.3 |
) |
|
(20.6 |
) |
|
(14.5 |
) |
|
(56.4 |
) |
|
$ |
— |
|
|
$ |
(56.4 |
) |
Balance at September 30, 2019 |
$ |
(62.3 |
) |
|
$ |
(64.7 |
) |
|
$ |
(13.6 |
) |
|
$ |
(140.6 |
) |
|
|
|
|
|
|
(1) Amounts are net of tax.
Reclassifications out of Accumulated other comprehensive income (loss) include:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended September 30, 2019 |
|
Amortization of Pension and
Postretirement (1)
|
|
(Gain)/Loss on Derivative
Instruments
|
|
|
|
Net Loss
Recognized
|
|
Prior Service Costs
Recognized
|
|
|
Total |
Affected Line in the Consolidated Statement of Income: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
0.2 |
|
|
$ |
0.2 |
|
Cost of goods sold |
— |
|
|
— |
|
|
(0.8 |
) |
|
(0.8 |
) |
Other (expense) income, net |
1.7 |
|
|
— |
|
|
6.5 |
|
|
8.2 |
|
Total before tax |
$ |
1.7 |
|
|
$ |
— |
|
|
$ |
5.9 |
|
|
7.6 |
|
Tax benefit |
|
|
|
|
|
|
|
|
|
(1.9 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
|
|
|
$ |
5.7 |
|
(1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension cost (see Note 6).
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
1.8 |
|
|
(7.2 |
) |
|
1.8 |
|
|
(3.6 |
) |
|
$ |
(0.7 |
) |
|
$ |
(4.3 |
) |
Tax expense |
(0.5 |
) |
|
— |
|
|
(0.6 |
) |
|
(1.1 |
) |
|
— |
|
|
(1.1 |
) |
After tax amount |
1.3 |
|
|
(7.2 |
) |
|
1.2 |
|
|
(4.7 |
) |
|
(0.7 |
) |
|
(5.4 |
) |
Amounts reclassified from accumulated other comprehensive income (loss)(1)
|
3.0 |
|
|
— |
|
|
(1.3 |
) |
|
1.7 |
|
|
— |
|
|
1.7 |
|
Net current period other comprehensive income (loss) |
4.3 |
|
|
(7.2 |
) |
|
(0.1 |
) |
|
(3.0 |
) |
|
$ |
(0.7 |
) |
|
$ |
(3.7 |
) |
Balance at September 30, 2018 |
$ |
(41.0 |
) |
|
$ |
(44.1 |
) |
|
$ |
0.9 |
|
|
$ |
(84.2 |
) |
|
|
|
|
|
(1) Amounts are net of tax.
Reclassifications out of Accumulated other comprehensive income (loss) include:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended September 30, 2018 |
|
Amortization of Pension and
Postretirement (1)
|
|
(Gain)/Loss on Derivative
Instruments
|
|
|
|
Net Loss
Recognized
|
|
Prior Service Costs
Recognized
|
|
|
Total |
Affected Line in the Consolidated Statement of Income: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
0.5 |
|
|
$ |
0.5 |
|
Cost of goods sold |
— |
|
|
— |
|
|
(0.1 |
) |
|
(0.1 |
) |
Other (expense) income, net |
3.6 |
|
|
0.2 |
|
|
(2.3 |
) |
|
1.5 |
|
Total before tax |
$ |
3.6 |
|
|
$ |
0.2 |
|
|
$ |
(1.9 |
) |
|
1.9 |
|
Tax benefit |
|
|
|
|
|
|
|
|
|
(0.2 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
|
|
|
$ |
1.7 |
|
(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 6).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
28.1 |
|
|
24.7 |
|
|
3.2 |
|
|
56.0 |
|
|
$ |
0.2 |
|
|
$ |
56.2 |
|
Tax expense |
(9.3 |
) |
|
— |
|
|
(1.2 |
) |
|
(10.5 |
) |
|
— |
|
|
(10.5 |
) |
After tax amount |
18.8 |
|
|
24.7 |
|
|
2.0 |
|
|
45.5 |
|
|
0.2 |
|
|
45.7 |
|
Amounts reclassified from accumulated other comprehensive income (loss)(1)
|
3.4 |
|
|
— |
|
|
(0.3 |
) |
|
3.1 |
|
|
— |
|
|
3.1 |
|
Net current period other comprehensive loss |
22.2 |
|
|
24.7 |
|
|
1.7 |
|
|
48.6 |
|
|
$ |
0.2 |
|
|
$ |
48.8 |
|
Balance at September 30, 2017 |
$ |
(45.3 |
) |
|
$ |
(36.9 |
) |
|
$ |
1.0 |
|
|
$ |
(81.2 |
) |
|
|
|
|
|
|
(1) Amounts are net of tax.
Reclassifications out of Accumulated other comprehensive income (loss) include:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended September 30, 2017 |
|
Amortization of Pension and
Postretirement (1)
|
|
(Gain)/Loss on Derivative
Instruments
|
|
|
|
Net Loss
Recognized
|
|
Prior Service Costs
Recognized
|
|
|
Total |
Affected Line in the Consolidated Statement of Income: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
(0.1 |
) |
|
$ |
(0.1 |
) |
Cost of goods sold |
— |
|
|
— |
|
|
(0.5 |
) |
|
(0.5 |
) |
Other (expense) income, net |
4.6 |
|
|
0.4 |
|
|
0.1 |
|
|
5.1 |
|
Total before tax |
$ |
4.6 |
|
|
$ |
0.4 |
|
|
$ |
(0.5 |
) |
|
4.5 |
|
Tax benefit |
|
|
|
|
|
|
|
|
|
(1.4 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
|
|
|
$ |
3.1 |
|
(1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension cost (see Note 6).
|