Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.22.4
Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of changes in accumulated other comprehensive income (loss) by component
The following tables summarize the changes in the accumulated balances for each component of accumulated other comprehensive loss:
  Pension and
Postretirement
Currency
Translation (1)
Net
Unrealized
(Loss) Gain
on Derivative
Instruments		 Total
Attributable
to
Hillenbrand,
Inc.		 Noncontrolling
Interests		 Total
Balance at September 30, 2022 $ (32.8) $ (113.7) $ (9.1) $ (155.6)    
Other comprehensive income (loss) before reclassifications:            
Before tax amount —  43.2  4.7  47.9  $ (0.2) $ 47.7 
Tax expense —  —  (1.3) (1.3) —  (1.3)
After tax amount —  43.2  3.4  46.6  (0.2) 46.4 
Amounts reclassified from accumulated other comprehensive loss (2)
(0.2) —  0.3  0.1  —  0.1 
Net current period other comprehensive (loss) income (0.2) 43.2  3.7  46.7  $ (0.2) $ 46.5 
Balance at December 31, 2022 $ (33.0) $ (70.5) $ (5.4) $ (108.9)    
(1)Includes gain and losses on intra-entity foreign currency transactions that are of a long-term investment nature.
(2)Amounts are net of tax.
  Pension and
Postretirement
Currency
Translation (1)
Net
Unrealized
(Loss) Gain
on Derivative
Instruments		 Total
Attributable
to
Hillenbrand,
Inc.		 Noncontrolling
Interests		 Total
Balance at September 30, 2021 $ (49.2) $ 13.1  $ (10.2) $ (46.3)    
Other comprehensive income (loss) before reclassifications:            
Before tax amount —  2.5  0.4  2.9  $ (0.1) $ 2.8 
Tax expense —  —  (0.1) (0.1) —  (0.1)
After tax amount —  2.5  0.3  2.8  (0.1) 2.7 
Amounts reclassified from accumulated other comprehensive loss (2)
0.7  —  0.4  1.1  —  1.1 
Net current period other comprehensive income (loss) 0.7  2.5  0.7  3.9  $ (0.1) $ 3.8 
Balance at December 31, 2021 $ (48.5) $ 15.6  $ (9.5) $ (42.4)    
(1)Includes gains and losses on intra-foreign currency transactions that are of a long-term investment nature.
(2)Amounts are net of tax.
Schedule of reclassifications of AOCI
Reclassifications out of accumulated other comprehensive loss include: 
  Three Months Ended December 31, 2022
 
Amortization of Pension and
Postretirement (1)
(Gain) Loss on  
  Net Gain
Recognized		 Prior Service Costs
Recognized		 Derivative
Instruments		 Total
Affected Line in the Consolidated Statement of Operations:        
Net revenue $ —  $ —  $ (0.1) $ (0.1)
Cost of goods sold —  —  (0.1) (0.1)
Other income, net (0.1) —  0.5  0.4 
Total before tax $ (0.1) $ —  $ 0.3  $ 0.2 
Tax expense (0.1)
Total reclassifications for the period, net of tax $ 0.1 
(1)These accumulated other comprehensive loss components are included in the computation of net periodic pension (benefit) cost (see Note 10).

  Three Months Ended December 31, 2021
 
Amortization of Pension and
Postretirement (1)
(Gain) Loss on  
  Net Loss
Recognized		 Prior Service Costs
Recognized		 Derivative
Instruments		 Total
Affected Line in the Consolidated Statement of Operations:        
Cost of goods sold $ —  $ —  $ (0.2) $ (0.2)
Other income, net 0.9  —  0.6  1.5 
Total before tax $ 0.9  $ —  $ 0.4  $ 1.3 
Tax expense (0.2)
Total reclassifications for the period, net of tax $ 1.1 
(1)These accumulated other comprehensive loss components are included in the computation of net periodic pension (benefit) cost (see Note 10).