Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Information - Consolidating balance sheet (Details)

v3.20.1
Condensed Consolidating Information - Consolidating balance sheet (Details) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
ASSETS            
Cash and cash equivalents $ 374.0   $ 399.0 $ 58.6    
Trade receivables, net 292.8   217.4      
Receivables from long-term manufacturing contracts 187.3   181.1      
Inventories, net 423.3   176.6      
Other current assets 86.7   49.1      
Total current assets 1,364.1   1,023.2      
Property, plant, and equipment, net 348.7   140.3      
Operating lease right-of-use assets 165.0   0.0      
Intangible assets, net 1,101.3   454.9      
Goodwill 1,133.5   578.0      
Investment in consolidated subsidiaries 0.0          
Other long-term assets 78.1   32.2      
Total Assets 4,190.7   2,228.6      
LIABILITIES            
Trade accounts payable 297.9   236.2      
Liabilities from long-term manufacturing contracts and advances 176.6   158.2      
Current portion of long-term debt 46.7   0.0      
Accrued compensation 78.2   73.2      
Other current liabilities 205.8   121.7      
Total current liabilities 805.2   589.3      
Long-term debt 1,826.6   619.5      
Accrued pension and postretirement healthcare 157.9   131.3      
Operating lease liabilities 130.8   0.0      
Deferred Income Tax Liabilities, Net 187.5   73.6      
Other long-term liabilities 55.7   45.1      
Total Liabilities 3,163.7   1,458.8      
Hillenbrand Shareholders’ Equity 1,009.0   754.1      
Stockholders' Equity Attributable to Parent [Abstract]            
Noncontrolling interests 18.0   15.7      
Total Shareholders’ Equity 1,027.0 $ 1,143.8 769.8 $ 770.1 $ 747.4 $ 744.1
Total Liabilities and Shareholders’ Equity 4,190.7   2,228.6      
Reportable legal entities | Parent            
ASSETS            
Cash and cash equivalents 145.3   283.1      
Intercompany receivables 0.0   0.0      
Other current assets 4.6   2.5      
Total current assets 149.9   285.6      
Property, plant, and equipment, net 3.7   3.8      
Operating lease right-of-use assets 0.7          
Intangible assets, net 2.3   2.4      
Investment in consolidated subsidiaries 3,947.1   2,266.4      
Other long-term assets 49.9   33.8      
Total Assets 4,153.6   2,592.0      
LIABILITIES            
Trade accounts payable 3.9   2.6      
Current portion of long-term debt 45.3   0.0      
Accrued compensation 3.0   6.9      
Intercompany payables 1,287.9   1,167.0      
Other current liabilities 26.2   19.2      
Total current liabilities 1,366.3   1,195.7      
Long-term debt 1,754.8   619.5      
Accrued pension and postretirement healthcare 0.9   0.8      
Operating lease liabilities 0.4          
Deferred Income Tax Liabilities, Net 0.0   0.0      
Other long-term liabilities 22.2   21.9      
Total Liabilities 3,144.6   1,837.9      
Hillenbrand Shareholders’ Equity 1,009.0   754.1      
Stockholders' Equity Attributable to Parent [Abstract]            
Total Shareholders’ Equity 1,009.0   754.1      
Total Liabilities and Shareholders’ Equity 4,153.6   2,592.0      
Reportable legal entities | Guarantors            
ASSETS            
Cash and cash equivalents 11.5   9.6      
Trade receivables, net 92.3   113.6      
Receivables from long-term manufacturing contracts 13.2   9.8      
Inventories, net 78.2   78.2      
Intercompany receivables 1,135.2   1,179.7      
Other current assets 25.3   6.1      
Total current assets 1,355.7   1,397.0      
Property, plant, and equipment, net 60.8   61.2      
Operating lease right-of-use assets 13.2          
Intangible assets, net 174.3   181.4      
Goodwill 170.3   225.0      
Investment in consolidated subsidiaries 654.1   655.2      
Other long-term assets 27.4   20.5      
Total Assets 2,455.8   2,540.3      
LIABILITIES            
Trade accounts payable 60.4   59.0      
Liabilities from long-term manufacturing contracts and advances 13.0   13.5      
Accrued compensation 13.3   20.8      
Intercompany payables 0.0   10.2      
Other current liabilities 54.8   45.0      
Total current liabilities 141.5   148.5      
Accrued pension and postretirement healthcare 30.4   32.1      
Operating lease liabilities 10.3          
Deferred Income Tax Liabilities, Net 12.0   24.0      
Other long-term liabilities 14.7   12.5      
Total Liabilities 208.9   217.1      
Hillenbrand Shareholders’ Equity 2,246.9   2,323.2      
Stockholders' Equity Attributable to Parent [Abstract]            
Total Shareholders’ Equity 2,246.9   2,323.2      
Total Liabilities and Shareholders’ Equity 2,455.8   2,540.3      
Reportable legal entities | Non-Guarantors            
ASSETS            
Cash and cash equivalents 217.2   106.3      
Trade receivables, net 200.5   103.8      
Receivables from long-term manufacturing contracts 174.1   171.3      
Inventories, net 347.9   101.2      
Intercompany receivables 149.9   0.0      
Other current assets 54.8   40.1      
Total current assets 1,144.4   522.7      
Property, plant, and equipment, net 284.2   75.3      
Operating lease right-of-use assets 151.1          
Intangible assets, net 924.7   271.1      
Goodwill 963.2   353.0      
Investment in consolidated subsidiaries 0.0          
Other long-term assets 27.7   3.1      
Total Assets 3,495.3   1,225.2      
LIABILITIES            
Trade accounts payable 233.6   174.6      
Liabilities from long-term manufacturing contracts and advances 163.6   144.7      
Current portion of long-term debt 1.4   0.0      
Accrued compensation 61.9   45.5      
Intercompany payables 0.0   5.3      
Other current liabilities 124.5   67.1      
Total current liabilities 585.0   437.2      
Long-term debt 71.8   0.0      
Accrued pension and postretirement healthcare 126.6   98.4      
Operating lease liabilities 120.1          
Deferred Income Tax Liabilities, Net 200.7   64.8      
Other long-term liabilities 18.8   10.7      
Total Liabilities 1,123.0   611.1      
Hillenbrand Shareholders’ Equity 2,354.3   598.4      
Stockholders' Equity Attributable to Parent [Abstract]            
Noncontrolling interests 18.0   15.7      
Total Shareholders’ Equity 2,372.3   614.1      
Total Liabilities and Shareholders’ Equity 3,495.3   1,225.2      
Consolidation, Eliminations [Member]            
ASSETS            
Inventories, net (2.8)   (2.8)      
Intercompany receivables (1,285.1)   (1,179.7)      
Other current assets 2.0   0.4      
Total current assets (1,285.9)   (1,182.1)      
Investment in consolidated subsidiaries (4,601.2)   (2,921.6)      
Other long-term assets (26.9)   (25.2)      
Total Assets (5,914.0)   (4,128.9)      
LIABILITIES            
Trade accounts payable 0.0   0.0      
Intercompany payables (1,287.9)   (1,182.5)      
Other current liabilities 0.3   (9.6)      
Total current liabilities (1,287.6)   (1,192.1)      
Deferred Income Tax Liabilities, Net (25.2)   (15.2)      
Other long-term liabilities 0.0          
Total Liabilities (1,312.8)   (1,207.3)      
Hillenbrand Shareholders’ Equity (4,601.2)   (2,921.6)      
Stockholders' Equity Attributable to Parent [Abstract]            
Total Shareholders’ Equity (4,601.2)   (2,921.6)      
Total Liabilities and Shareholders’ Equity $ (5,914.0)   $ (4,128.9)