Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Information - Consolidating balance sheet (Details)

v3.19.1
Condensed Consolidating Information - Consolidating balance sheet (Details) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Oct. 01, 2018
Sep. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
ASSETS              
Cash and cash equivalents $ 58.6     $ 56.0 $ 68.5    
Trade receivables, net 199.5     218.5      
Receivables from long-term manufacturing contracts 164.8   $ 122.2 120.3      
Inventories 183.0   170.9 172.5      
Prepaid expense 24.1     25.2      
Other current assets 20.4     18.1      
Total current assets 650.4     610.6      
Property, plant, and equipment, net 137.6     142.0      
Intangible assets, net 477.3     487.3      
Goodwill 583.0     581.9      
Investment in consolidated subsidiaries 0.0            
Other assets 37.2     42.8      
Total Assets 1,885.5     1,864.6      
LIABILITIES              
Trade accounts payable 207.7     196.8      
Liabilities from long-term manufacturing contracts and advances 125.1     125.9      
Accrued compensation 55.5     71.9      
Other current liabilities 117.5     137.1      
Total current liabilities 505.8     531.7      
Long-term debt 361.7     344.6      
Accrued pension and postretirement healthcare 114.6     120.5      
Deferred income taxes 79.4   $ 76.5 76.4      
Other long-term liabilities 53.9     47.3      
Total Liabilities 1,115.4     1,120.5      
Hillenbrand Shareholders’ Equity 756.8     731.1      
Stockholders' Equity Attributable to Parent [Abstract]              
Noncontrolling interests 13.3     13.0      
Total Shareholders’ Equity 770.1 $ 747.4   744.1 $ 732.0 $ 768.5 $ 765.9
Total Liabilities and Equity 1,885.5     1,864.6      
Reportable legal entities | Parent              
ASSETS              
Cash and cash equivalents 0.2     1.1      
Prepaid expense 2.9     2.7      
Intercompany receivables 0.0     0.0      
Other current assets 0.0     0.0      
Total current assets 3.1     3.8      
Property, plant, and equipment, net 3.6     3.8      
Intangible assets, net 2.8     3.2      
Investment in consolidated subsidiaries 2,290.8     2,263.1      
Other assets 27.1     15.7      
Total Assets 2,327.4     2,289.6      
LIABILITIES              
Trade accounts payable 0.2     0.0      
Accrued compensation 3.9     7.2      
Intercompany payables 1,176.6     1,206.2      
Other current liabilities 22.8     19.4      
Total current liabilities 1,203.5     1,232.8      
Long-term debt 333.6     300.2      
Accrued pension and postretirement healthcare 0.7     0.7      
Deferred income taxes 0.0     0.7      
Other long-term liabilities 32.8     24.1      
Total Liabilities 1,570.6     1,558.5      
Hillenbrand Shareholders’ Equity 756.8     731.1      
Stockholders' Equity Attributable to Parent [Abstract]              
Total Shareholders’ Equity 756.8     731.1      
Total Liabilities and Equity 2,327.4     2,289.6      
Reportable legal entities | Guarantors              
ASSETS              
Cash and cash equivalents 5.3     5.8      
Trade receivables, net 105.7     124.5      
Receivables from long-term manufacturing contracts 8.4     5.3      
Inventories 82.9     76.7      
Prepaid expense 7.7     7.0      
Intercompany receivables 1,130.9     1,131.1      
Other current assets 1.9     3.2      
Total current assets 1,342.8     1,353.6      
Property, plant, and equipment, net 58.9     60.2      
Intangible assets, net 188.6     196.0      
Goodwill 225.0     225.0      
Investment in consolidated subsidiaries 668.0     653.9      
Other assets 26.5     28.2      
Total Assets 2,509.8     2,516.9      
LIABILITIES              
Trade accounts payable 62.9     62.4      
Liabilities from long-term manufacturing contracts and advances 24.6     26.6      
Accrued compensation 13.6     20.1      
Intercompany payables 6.3     6.1      
Other current liabilities 47.4     38.9      
Total current liabilities 154.8     154.1      
Accrued pension and postretirement healthcare 29.1     29.8      
Deferred income taxes 26.6     22.9      
Other long-term liabilities 12.5     14.3      
Total Liabilities 223.0     221.1      
Hillenbrand Shareholders’ Equity 2,286.8     2,295.8      
Stockholders' Equity Attributable to Parent [Abstract]              
Total Shareholders’ Equity 2,286.8     2,295.8      
Total Liabilities and Equity 2,509.8     2,516.9      
Reportable legal entities | Non-Guarantors              
ASSETS              
Cash and cash equivalents 53.1     49.1      
Trade receivables, net 93.8     94.0      
Receivables from long-term manufacturing contracts 156.4     115.0      
Inventories 103.0     98.6      
Prepaid expense 13.5     15.5      
Intercompany receivables 49.1     79.1      
Other current assets 18.1     14.6      
Total current assets 487.0     465.9      
Property, plant, and equipment, net 75.1     78.0      
Intangible assets, net 285.9     288.1      
Goodwill 358.0     356.9      
Investment in consolidated subsidiaries 0.0            
Other assets 1.9     5.9      
Total Assets 1,207.9     1,194.8      
LIABILITIES              
Trade accounts payable 144.6     134.4      
Liabilities from long-term manufacturing contracts and advances 100.5     99.3      
Accrued compensation 38.0     44.6      
Other current liabilities 58.3     78.1      
Total current liabilities 341.4     356.4      
Long-term debt 28.1     44.4      
Accrued pension and postretirement healthcare 84.8     90.0      
Deferred income taxes 59.7     60.9      
Other long-term liabilities 8.6     8.9      
Total Liabilities 522.6     560.6      
Hillenbrand Shareholders’ Equity 672.0     621.2      
Stockholders' Equity Attributable to Parent [Abstract]              
Noncontrolling interests 13.3     13.0      
Total Shareholders’ Equity 685.3     634.2      
Total Liabilities and Equity 1,207.9     1,194.8      
Consolidation, Eliminations [Member]              
ASSETS              
Inventories (2.9)     (2.8)      
Intercompany receivables (1,180.0)     (1,210.2)      
Other current assets 0.4     0.3      
Total current assets (1,182.5)     (1,212.7)      
Investment in consolidated subsidiaries (2,958.8)     (2,917.0)      
Other assets (18.3)     (7.0)      
Total Assets (4,159.6)     (4,136.7)      
LIABILITIES              
Trade accounts payable 0.0     0.0      
Intercompany payables (1,182.9)     (1,212.3)      
Other current liabilities (11.0)     0.7      
Total current liabilities (1,193.9)     (1,211.6)      
Deferred income taxes (6.9)     (8.1)      
Other long-term liabilities 0.0            
Total Liabilities (1,200.8)     (1,219.7)      
Hillenbrand Shareholders’ Equity (2,958.8)     (2,917.0)      
Stockholders' Equity Attributable to Parent [Abstract]              
Total Shareholders’ Equity (2,958.8)     (2,917.0)      
Total Liabilities and Equity $ (4,159.6)     $ (4,136.7)