Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Information - Consolidating balance sheet (Details)

v3.19.3.a.u2
Condensed Consolidating Information - Consolidating balance sheet (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Sep. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
ASSETS        
Cash and cash equivalents $ 142.4 $ 399.0 $ 64.8  
Trade receivables, net 344.3 217.4    
Receivables from long-term manufacturing contracts 205.9 181.1    
Inventories, net 442.1 176.6    
Other current assets 87.4 49.1    
Total current assets 1,222.1 1,023.2    
Property, plant, and equipment, net 398.1 140.3    
Operating lease right-of-use assets 172.5 0.0    
Intangible assets, net 1,317.7 454.9    
Goodwill 1,256.9 578.0    
Investment in consolidated subsidiaries 0.0      
Other long-term assets 53.4 32.2    
Total Assets 4,420.7 2,228.6    
LIABILITIES        
Trade accounts payable 349.0 236.2    
Liabilities from long-term manufacturing contracts and advances 183.1 158.2    
Current portion of long-term debt 42.1 0.0    
Accrued compensation 86.2 73.2    
Other current liabilities 219.4 121.7    
Total current liabilities 879.8 589.3    
Long-term debt 1,822.6 619.5    
Accrued pension and postretirement healthcare 162.0 131.3    
Operating lease liabilities 137.1 0.0    
Deferred income taxes 215.4 73.6    
Other long-term liabilities 60.0 45.1    
Total Liabilities 3,276.9 1,458.8    
Hillenbrand Shareholders’ Equity 1,127.1 754.1    
Stockholders' Equity Attributable to Parent [Abstract]        
Noncontrolling interests 16.7 15.7    
Total Shareholders’ Equity 1,143.8 769.8 $ 747.4 $ 744.1
Total Liabilities and Shareholders’ Equity 4,420.7 2,228.6    
Reportable legal entities | Parent        
ASSETS        
Cash and cash equivalents 1.3 283.1    
Intercompany receivables 70.5 0.0    
Other current assets 6.3 2.5    
Total current assets 78.1 285.6    
Property, plant, and equipment, net 3.4 3.8    
Operating lease right-of-use assets 0.8      
Intangible assets, net 2.4 2.4    
Investment in consolidated subsidiaries 2,913.7 2,266.4    
Other long-term assets 48.3 33.8    
Total Assets 3,046.7 2,592.0    
LIABILITIES        
Trade accounts payable 5.0 2.6    
Current portion of long-term debt 36.2 0.0    
Accrued compensation 2.6 6.9    
Intercompany payables 0.0 1,167.0    
Other current liabilities 29.8 19.2    
Total current liabilities 73.6 1,195.7    
Long-term debt 1,822.4 619.5    
Accrued pension and postretirement healthcare 1.0 0.8    
Operating lease liabilities 0.4      
Deferred income taxes 0.0 0.0    
Other long-term liabilities 22.2 21.9    
Total Liabilities 1,919.6 1,837.9    
Hillenbrand Shareholders’ Equity 1,127.1 754.1    
Stockholders' Equity Attributable to Parent [Abstract]        
Total Shareholders’ Equity 1,127.1 754.1    
Total Liabilities and Shareholders’ Equity 3,046.7 2,592.0    
Reportable legal entities | Guarantors        
ASSETS        
Cash and cash equivalents 1.7 9.6    
Trade receivables, net 100.7 113.6    
Receivables from long-term manufacturing contracts 11.7 9.8    
Inventories, net 79.0 78.2    
Intercompany receivables 1,225.4 1,179.7    
Other current assets 8.0 6.1    
Total current assets 1,426.5 1,397.0    
Property, plant, and equipment, net 60.9 61.2    
Operating lease right-of-use assets 13.4      
Intangible assets, net 177.8 181.4    
Goodwill 225.0 225.0    
Investment in consolidated subsidiaries 655.1 655.2    
Other long-term assets 24.6 20.5    
Total Assets 2,583.3 2,540.3    
LIABILITIES        
Trade accounts payable 67.0 59.0    
Liabilities from long-term manufacturing contracts and advances 17.3 13.5    
Accrued compensation 15.1 20.8    
Intercompany payables 0.0 10.2    
Other current liabilities 58.1 45.0    
Total current liabilities 157.5 148.5    
Accrued pension and postretirement healthcare 31.1 32.1    
Operating lease liabilities 10.5      
Deferred income taxes 20.4 24.0    
Other long-term liabilities 16.6 12.5    
Total Liabilities 236.1 217.1    
Hillenbrand Shareholders’ Equity 2,347.2 2,323.2    
Stockholders' Equity Attributable to Parent [Abstract]        
Total Shareholders’ Equity 2,347.2 2,323.2    
Total Liabilities and Shareholders’ Equity 2,583.3 2,540.3    
Reportable legal entities | Non-Guarantors        
ASSETS        
Cash and cash equivalents 139.4 106.3    
Trade receivables, net 243.6 103.8    
Receivables from long-term manufacturing contracts 194.2 171.3    
Inventories, net 365.9 101.2    
Intercompany receivables 0.0 0.0    
Other current assets 72.5 40.1    
Total current assets 1,015.6 522.7    
Property, plant, and equipment, net 333.8 75.3    
Operating lease right-of-use assets 158.3      
Intangible assets, net 1,137.5 271.1    
Goodwill 1,031.9 353.0    
Investment in consolidated subsidiaries 0.0      
Other long-term assets 37.0 3.1    
Total Assets 3,714.1 1,225.2    
LIABILITIES        
Trade accounts payable 277.0 174.6    
Liabilities from long-term manufacturing contracts and advances 165.8 144.7    
Current portion of long-term debt 5.9 0.0    
Accrued compensation 68.5 45.5    
Intercompany payables 1,298.7 5.3    
Other current liabilities 148.4 67.1    
Total current liabilities 1,964.3 437.2    
Long-term debt 0.2 0.0    
Accrued pension and postretirement healthcare 129.9 98.4    
Operating lease liabilities 126.2      
Deferred income taxes 234.0 64.8    
Other long-term liabilities 21.2 10.7    
Total Liabilities 2,475.8 611.1    
Hillenbrand Shareholders’ Equity 1,221.6 598.4    
Stockholders' Equity Attributable to Parent [Abstract]        
Noncontrolling interests 16.7 15.7    
Total Shareholders’ Equity 1,238.3 614.1    
Total Liabilities and Shareholders’ Equity 3,714.1 1,225.2    
Consolidation, Eliminations [Member]        
ASSETS        
Inventories, net (2.8) (2.8)    
Intercompany receivables (1,295.9) (1,179.7)    
Other current assets 0.6 0.4    
Total current assets (1,298.1) (1,182.1)    
Investment in consolidated subsidiaries (3,568.8) (2,921.6)    
Other long-term assets (56.5) (25.2)    
Total Assets (4,923.4) (4,128.9)    
LIABILITIES        
Trade accounts payable 0.0 0.0    
Intercompany payables (1,298.7) (1,182.5)    
Other current liabilities (16.9) (9.6)    
Total current liabilities (1,315.6) (1,192.1)    
Deferred income taxes (39.0) (15.2)    
Other long-term liabilities 0.0      
Total Liabilities (1,354.6) (1,207.3)    
Hillenbrand Shareholders’ Equity (3,568.8) (2,921.6)    
Stockholders' Equity Attributable to Parent [Abstract]        
Total Shareholders’ Equity (3,568.8) (2,921.6)    
Total Liabilities and Shareholders’ Equity $ (4,923.4) $ (4,128.9)