Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Details 5)

v2.3.0.15
Summary of Significant Accounting Policies (Details 5) (USD $)
In Millions, except Share data, unless otherwise specified
1 Months Ended 12 Months Ended 39 Months Ended
Jul. 31, 2008
Sep. 30, 2011
Year
Acquisitions
company
Segment
Month
RetirementPrograms
Sep. 30, 2010
Sep. 30, 2009
Sep. 30, 2011
Investments          
Investments   $ 17.4 $ 18.2   $ 17.4
Maximum amount of additional funding commitments on certain investments   3      
Treasury Stock          
Maximum amount of common stock repurchases 100        
Shares repurchased (in shares)   200,000     1,200,000
Amount of shares repurchased   3.8   12.5 22.5
Remaining amount of share repurchases   77.5      
Preferred stock          
Authorized shares of preferred stock (in shares)   1,000,000 1,000,000   1,000,000
Accumulated Other Comprehensive Loss          
Cumulative currency translation adjustments   20.4 9.1   20.4
Pension and postretirement, net of tax   (60.5) (52.0)   (60.5)
Unrealized gain (loss) on derivative instruments,net of tax   0.2 (0.1)   0.2
Unrealized gain on available for sale securities,net of tax   0.4     0.4
Accumulated other comprehensive loss   (39.5) (43.0)   (39.5)
Research and Development Costs          
Research and development costs   4.5 3.8 3.8  
Warranty costs          
Period over which Process equipment group offers warranty (in years)   1      
Derivative instruments and hedging activity          
Aggregate notional amount of foreign currency exchange forward contracts   16.5 11.8   16.5
Foreign currency exchange forward contracts, assets at fair value   0.4     0.4
Foreign currency exchange forward contracts, liabilities at fair value     0.1    
Gains and (losses) on financial derivative instruments recognized in cost of goods sold   0.8 1.8 (1.9)  
Not less than
         
Investments          
Period for additional funding (in years)   3      
Self-Insurance          
Deductibles and self-insured retentions per occurrence   0.5      
Revenue recognition          
Term over which sales incentive costs are amortized (in years)   3      
Not more than
         
Investments          
Period for additional funding (in years)   5      
Self-Insurance          
Deductibles and self-insured retentions per occurrence   1.0      
Revenue recognition          
Term over which sales incentive costs are amortized (in years)   5      
Derivative instruments and hedging activity          
Term of foreign currency exchange forward contracts (in months)   15      
Allocation of purchase price          
Measurement period over which initial purchase price allocations are subject to revision (in years)   1      
Reserve for Environmental Costs
         
Environmental liabilities          
Reserve amounts for expected future cash outflows   $ 0.3 $ 0.4   $ 0.3