Annual report pursuant to Section 13 and 15(d)

Condensed Consolidating Information - Condensed Consolidating Balance Sheets (Details)

v3.19.3
Condensed Consolidating Information - Condensed Consolidating Balance Sheets (Details) - USD ($)
$ in Millions
Sep. 30, 2019
Oct. 01, 2018
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
Condensed Consolidating Balance Sheets          
Cash and cash equivalents $ 399.0   $ 56.0    
Trade receivables, net 217.4   218.5    
Receivables from long-term manufacturing contracts 181.1 $ 122.2 120.3    
Inventories 176.6 170.9 172.5    
Prepaid expense 26.7   25.2    
Intercompany receivables 0.0   0.0    
Other current assets 22.4   18.1    
Total current assets 1,023.2   610.6    
Property, plant, and equipment, net 140.3   142.0    
Intangible assets, net 454.9   487.3    
Goodwill 578.0   581.9 $ 647.5  
Investment in consolidated subsidiaries 0.0   0.0    
Other assets 32.2   42.8    
Total Assets 2,228.6   1,864.6    
Trade accounts payable 236.2   196.8    
Liabilities from long-term manufacturing contracts and advances 158.2   125.9    
Current portion of long-term debt 0.0   0.0    
Accrued compensation 73.2   71.9    
Intercompany payables 0.0   0.0    
Other current liabilities 121.7   137.1    
Total current liabilities 589.3   531.7    
Long-term debt 619.5   344.6    
Accrued pension and postretirement healthcare 131.3   120.5    
Deferred income taxes 73.6 $ 76.5 76.4    
Other long-term liabilities 45.1   47.3    
Total Liabilities 1,458.8   1,120.5    
Total Hillenbrand Shareholders’ Equity 754.1   731.1    
Noncontrolling interests 15.7   13.0    
Total Shareholders’ Equity 769.8   744.1 765.9 $ 646.2
Total Liabilities and Equity 2,228.6   1,864.6    
Reportable Legal Entities | Parent          
Condensed Consolidating Balance Sheets          
Cash and cash equivalents 283.1   1.1    
Trade receivables, net 0.0   0.0    
Receivables from long-term manufacturing contracts 0.0   0.0    
Inventories 0.0   0.0    
Prepaid expense 2.5   2.7    
Intercompany receivables 0.0   0.0    
Other current assets 0.0   0.0    
Total current assets 285.6   3.8    
Property, plant, and equipment, net 3.8   3.8    
Intangible assets, net 2.4   3.2    
Goodwill 0.0   0.0    
Investment in consolidated subsidiaries 2,266.4   2,263.1    
Other assets 33.8   15.7    
Total Assets 2,592.0   2,289.6    
Trade accounts payable 2.6   0.0    
Liabilities from long-term manufacturing contracts and advances 0.0   0.0    
Accrued compensation 6.9   7.2    
Intercompany payables 1,167.0   1,206.2    
Other current liabilities 19.2   19.4    
Total current liabilities 1,195.7   1,232.8    
Long-term debt 619.5   300.2    
Accrued pension and postretirement healthcare 0.8   0.7    
Deferred income taxes 0.0   0.7    
Other long-term liabilities 21.9   24.1    
Total Liabilities 1,837.9   1,558.5    
Total Hillenbrand Shareholders’ Equity 754.1   731.1    
Noncontrolling interests 0.0   0.0    
Total Shareholders’ Equity 754.1   731.1    
Total Liabilities and Equity 2,592.0   2,289.6    
Reportable Legal Entities | Guarantors          
Condensed Consolidating Balance Sheets          
Cash and cash equivalents 9.6   5.8    
Trade receivables, net 113.6   124.5    
Receivables from long-term manufacturing contracts 9.8   5.3    
Inventories 78.2   76.7    
Prepaid expense 4.1   7.0    
Intercompany receivables 1,179.7   1,131.1    
Other current assets 2.0   3.2    
Total current assets 1,397.0   1,353.6    
Property, plant, and equipment, net 61.2   60.2    
Intangible assets, net 181.4   196.0    
Goodwill 225.0   225.0    
Investment in consolidated subsidiaries 655.2   653.9    
Other assets 20.5   28.2    
Total Assets 2,540.3   2,516.9    
Trade accounts payable 59.0   62.4    
Liabilities from long-term manufacturing contracts and advances 13.5   26.6    
Accrued compensation 20.8   20.1    
Intercompany payables 10.2   6.1    
Other current liabilities 45.0   38.9    
Total current liabilities 148.5   154.1    
Long-term debt 0.0   0.0    
Accrued pension and postretirement healthcare 32.1   29.8    
Deferred income taxes 24.0   22.9    
Other long-term liabilities 12.5   14.3    
Total Liabilities 217.1   221.1    
Total Hillenbrand Shareholders’ Equity 2,323.2   2,295.8    
Noncontrolling interests 0.0   0.0    
Total Shareholders’ Equity 2,323.2   2,295.8    
Total Liabilities and Equity 2,540.3   2,516.9    
Reportable Legal Entities | Non-Guarantors          
Condensed Consolidating Balance Sheets          
Cash and cash equivalents 106.3   49.1    
Trade receivables, net 103.8   94.0    
Receivables from long-term manufacturing contracts 171.3   115.0    
Inventories 101.2   98.6    
Prepaid expense 20.1   15.5    
Intercompany receivables 0.0   79.1    
Other current assets 20.0   14.6    
Total current assets 522.7   465.9    
Property, plant, and equipment, net 75.3   78.0    
Intangible assets, net 271.1   288.1    
Goodwill 353.0   356.9    
Investment in consolidated subsidiaries 0.0   0.0    
Other assets 3.1   5.9    
Total Assets 1,225.2   1,194.8    
Trade accounts payable 174.6   134.4    
Liabilities from long-term manufacturing contracts and advances 144.7   99.3    
Accrued compensation 45.5   44.6    
Intercompany payables 5.3   0.0    
Other current liabilities 67.1   78.1    
Total current liabilities 437.2   356.4    
Long-term debt 0.0   44.4    
Accrued pension and postretirement healthcare 98.4   90.0    
Deferred income taxes 64.8   60.9    
Other long-term liabilities 10.7   8.9    
Total Liabilities 611.1   560.6    
Total Hillenbrand Shareholders’ Equity 598.4   621.2    
Noncontrolling interests 15.7   13.0    
Total Shareholders’ Equity 614.1   634.2    
Total Liabilities and Equity 1,225.2   1,194.8    
Eliminations          
Condensed Consolidating Balance Sheets          
Cash and cash equivalents 0.0   0.0 $ 0.0 $ 0.0
Trade receivables, net 0.0   0.0    
Receivables from long-term manufacturing contracts 0.0   0.0    
Inventories (2.8)   (2.8)    
Prepaid expense 0.0   0.0    
Intercompany receivables (1,179.7)   (1,210.2)    
Other current assets 0.4   0.3    
Total current assets (1,182.1)   (1,212.7)    
Property, plant, and equipment, net 0.0   0.0    
Intangible assets, net 0.0   0.0    
Goodwill 0.0   0.0    
Investment in consolidated subsidiaries (2,921.6)   (2,917.0)    
Other assets (25.2)   (7.0)    
Total Assets (4,128.9)   (4,136.7)    
Trade accounts payable 0.0   0.0    
Liabilities from long-term manufacturing contracts and advances 0.0   0.0    
Accrued compensation 0.0   0.0    
Intercompany payables (1,182.5)   (1,212.3)    
Other current liabilities (9.6)   0.7    
Total current liabilities (1,192.1)   (1,211.6)    
Long-term debt 0.0   0.0    
Accrued pension and postretirement healthcare 0.0   0.0    
Deferred income taxes (15.2)   (8.1)    
Other long-term liabilities 0.0   0.0    
Total Liabilities (1,207.3)   (1,219.7)    
Total Hillenbrand Shareholders’ Equity (2,921.6)   (2,917.0)    
Noncontrolling interests 0.0   0.0    
Total Shareholders’ Equity (2,921.6)   (2,917.0)    
Total Liabilities and Equity $ (4,128.9)   $ (4,136.7)