Document and Entity Information	6 Months Ended
Document and Entity Information	Mar. 31, 2013	May 06, 2013
Document Documentand Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Trading Symbol	HRG
Entity Registrant Name	HARBINGER GROUP INC.
Entity Central Index Key	0000109177
Current Fiscal Year End Date	--09-30
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		144,028,151

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Investments:
Fixed maturities	$ 16,183.5	$ 16,088.9
Equity securities	313.4	394.9
Derivatives	262.6	200.7
Asset-backed loans	241.6	180.1
Other invested assets	32.4	53.8
Total investments	17,033.5	16,918.4
Cash and cash equivalents	1,475.0	1,470.7
Receivables, net	593.4	414.4
Inventories, net	705.4	452.6
Accrued investment income	169.5	191.6
Reinsurance recoverable	2,330.4	2,363.1
Deferred tax assets	167.7	312.7
Properties, including oil and natural gas properties, net	965.6	221.6
Goodwill	1,434.0	694.2
Intangibles, including DAC and VOBA, net	2,467.5	1,988.5
Other assets	374.7	172.6
Total assets	27,716.7	25,200.4
Insurance reserves:
Contractholder funds	15,409.9	15,290.4
Future policy benefits	3,569.1	3,614.8
Liability for policy and contract claims	68.4	91.1
Funds withheld from reinsurers	40.4	54.7
Total insurance reserves	19,087.8	19,051.0
Debt	4,596.7	2,167.0
Accounts payable and other current liabilities	795.5	754.2
Equity conversion feature of preferred stock	202.7	232.0
Employee benefit obligations	104.5	95.1
Deferred tax liabilities	515.2	382.4
Other liabilities	488.9	600.6
Total liabilities	25,791.3	23,282.3
Commitments and contingencies
Temporary equity:
Redeemable preferred stock	326.8	319.2
Harbinger Group Inc. stockholders' equity:
Common stock	1.4	1.4
Additional paid-in capital	859.5	861.2
Accumulated deficit	(81.9)	(98.2)
Accumulated other comprehensive income	392.9	413.2
Total Harbinger Group Inc. stockholders' equity	1,171.9	1,177.6
Noncontrolling interest	426.7	421.3
Total permanent equity	1,598.6	1,598.9
Total liabilities and equity	$ 27,716.7	$ 25,200.4

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Revenues:
Net consumer product sales	$ 987.8	$ 746.3	$ 1,858.0	$ 1,595.1
Oil and natural gas	16.7		16.7
Insurance premiums	14.1	13.3	27.9	30.1
Net investment income	172.0	173.0	350.1	359.8
Net investment gains	206.7	163.6	353.2	267.5
Insurance and investment product fees and other	14.6	9.5	28.3	19.2
Total revenues	1,411.9	1,105.7	2,634.2	2,271.7
Operating costs and expenses:
Consumer products cost of goods sold	664.9	486.3	1,247.0	1,051.0
Oil and natural gas direct operating costs	8.8		8.8
Benefits and other changes in policy reserves	240.9	241.8	324.5	418.7
Selling, acquisition, operating and general expenses	314.3	222.9	568.9	478.8
Amortization of intangibles	49.0	58.8	135.6	115.5
Total operating costs and expenses	1,277.9	1,009.8	2,284.8	2,064.0
Operating income	134.0	95.9	349.4	207.7
Interest expense	(75.7)	(84.1)	(218.8)	(140.0)
(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock	(39.6)	(26.4)	29.3	1.5
Gain on contingent purchase price reduction		41.0		41.0
Other expense, net	(3.2)	(9.7)	(11.9)	(8.5)
Income from continuing operations before income taxes	15.5	16.7	148.0	101.7
Income tax expense	66.0	16.9	130.4	56.4
Net (loss) income	(50.5)	(0.2)	17.6	45.3
Less: Net loss attributable to noncontrolling interest	(17.2)	(12.2)	(23.2)	(6.2)
Net (loss) income attributable to controlling interest	(33.3)	12.0	40.8	51.5
Less: Preferred stock dividends and accretion	12.2	15.9	24.3	31.6
Net (loss) income attributable to common and participating preferred stockholders	$ (45.5)	$ (3.9)	$ 16.5	$ 19.9
Net (loss) income per common share attributable to controlling interest:
Basic (in dollars per share)	$ (0.33)	$ (0.03)	$ 0.08	$ 0.10
Diluted (in dollars per share)	$ (0.33)	$ (0.03)	$ 0.06	$ 0.10

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Statement of Stockholders' Equity [Abstract]
Net (loss) income	$ (50.5)	$ (0.2)	$ 17.6	$ 45.3
Other comprehensive income (loss):
Foreign currency translation (losses) gains	(20.4)	18.5	(17.6)	3.6
Net unrealized gain on derivative instruments
Changes in derivative instruments before reclassification adjustment	1.5	(3.2)	1.4	(2.8)
Net reclassification adjustment for losses included in net income	0	1.1	0.4	3.5
Changes in derivative instruments after reclassification adjustment	1.5	(2.1)	1.8	0.7
Changes in deferred income tax asset/liability	(1.1)	1.4	(1.1)	0.4
Deferred tax valuation allowance adjustments	0.4	(0.5)	0.4	(0.2)
Net unrealized gain on derivative instruments	0.8	(1.2)	1.1	0.9
Actuarial adjustments to pension plans
Changes in actuarial adjustments before reclassification adjustment	(0.9)	0	(1.6)	0.3
Net reclassification adjustment for losses included in cost of goods sold	0.3	0.1	0.6	0.2
Net reclassification adjustment for losses included in selling and general and administrative expenses	0.2	0.1	0.4	0.1
Changes in actuarial adjustments to pension plans	(0.4)	0.2	(0.6)	0.6
Changes in deferred income tax asset/liability	0.2	0	0.3	(0.1)
Net actuarial adjustments to pension plans	(0.2)	0.2	(0.3)	0.5
Unrealized investment gains (losses):
Changes in unrealized investment gains before reclassification adjustment	53.9	210.0	180.2	286.3
Net reclassification adjustment for gains included in net income	(74.5)	(64.6)	(246.5)	(133.8)
Changes in unrealized investment gains after reclassification adjustment	(20.6)	145.4	(66.3)	152.5
Adjustments to intangible assets	22.3	(36.6)	50.3	(31.2)
Changes in deferred income tax asset/liability	(0.7)	(38.1)	5.5	(42.5)
Net unrealized gain on investments	1.0	70.7	(10.5)	78.8
Non-credit related other-than-temporary impairment:
Changes in non-credit related other-than-temporary impairment		(0.7)		(1.6)
Adjustments to intangible assets		0.2		0.6
Changes in deferred income tax asset/liability		0.2		0.3
Net change to derive comprehensive income (loss) for the period		(0.3)		(0.7)
Net change to derive comprehensive income (loss) for the period	(18.8)	87.9	(27.3)	83.1
Comprehensive (loss) income	(69.3)	87.7	(9.7)	128.4
Less: Comprehensive (loss) income attributable to the noncontrolling interest:
Net (loss) income	(17.2)	(12.2)	(23.2)	(6.2)
Other comprehensive (loss) income	(8.4)	7.4	(7.1)	1.7
Total comprehensive income (loss)	(25.6)	(4.8)	(30.3)	(4.5)
Comprehensive (loss) income attributable to the controlling interest	$ (43.7)	$ 92.5	$ 20.6	$ 132.9

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012
Cash flows from operating activities:
Net (loss) income	$ 17.6	$ 45.3
Adjustments to reconcile net (loss) income to operating cash flows:
Depreciation of properties	34.4	19.0
Amortization of intangibles	135.6	115.5
Stock-based compensation	22.2	11.8
Amortization of debt issuance costs	5.5	4.8
Amortization of debt discount	0.5	0.4
Write-off of debt issuance costs on retired debt	15.5	2.6
Write-off of debt discount on retired debt	3.0	(0.5)
Deferred income taxes	150.1	63.9
Gain on contingent purchase price reduction		(41.0)
Cost of trading securities acquired for resale		(639.0)
Proceeds from trading securities sold		779.7
Interest credited/index credits to contractholder account balances	313.4	336.0
Amortization of fixed maturity discounts and premiums	22.2	47.3
Net recognized gains on investments and derivatives	(374.7)	(257.8)
Charges assessed to contractholders for mortality and administration	(16.0)	(6.6)
Deferred policy acquisition costs	(71.5)	(97.3)
Cash transferred to reinsurer		(176.8)
Non-cash increase to cost of goods sold due to the sale of HHI Business acquisition inventory	31.0
Non-cash restructuring and related charges		1.4
Changes in operating assets and liabilities:	(376.2)	(102.4)
Net change in cash due to operating activities	(87.4)	106.3
Cash flows from investing activities:
Proceeds from investments sold, matured or repaid	6,016.3	3,223.2
Cost of investments acquired	(5,916.2)	(2,194.3)
Acquisitions, net of cash acquired	(1,903.5)	(185.1)
Asset-backed loans originated, net	(63.0)	(32.8)
Capital expenditures	(25.2)	(18.7)
Proceeds from sales of assets	0	0.1
Other investing activities, net	(100.0)	0.8
Net change in cash due to investing activities	(1,991.6)	793.2
Cash flows from financing activities:
Proceeds from issuance of new debt	2,945.1	528.8
Repayment of debt, including tender and call premiums	(919.5)	(369.5)
Revolving credit facility activity	355.1	50.0
Debt issuance costs	(78.6)	(9.9)
Purchases of subsidiary stock, net	(16.0)	(82.9)
Contractholder account deposits	772.8	1,216.3
Contractholder account withdrawals	(950.3)	(1,033.1)
Dividend paid by subsidiary to noncontrolling interest	(5.8)
Dividends paid on preferred stock	(16.7)	(15.2)
Other financing activities, net	0	(1.0)
Net change in cash due to financing activities	2,086.1	283.5
Effect of exchange rate changes on cash and cash equivalents	(2.8)	(0.7)
Net increase in cash and cash equivalents	4.3	1,182.3
Cash and cash equivalents at beginning of period	1,470.7	1,137.4
Cash and cash equivalents at end of period	$ 1,475.0

Description of Business	6 Months Ended
Description of Business	Mar. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business Description of the Business Harbinger Group Inc. ("HGI" and, collectively with its respective subsidiaries, the "Company") is a diversified holding company, the outstanding common stock of which is 74.6% owned, collectively, by Harbinger Capital Partners Master Fund I, Ltd. (the "Master Fund"), Global Opportunities Breakaway Ltd. and Harbinger Capital Partners Special Situations Fund, L.P. (together, the "Principal Stockholders"), not giving effect to the conversion rights of the Company's Series A Participating Convertible Preferred Stock (the "Series A Preferred Stock") or the Series A-2 Participating Convertible Preferred Stock (the "Series A-2 Preferred Stock", together the "Preferred Stock"). Such common stock ownership by the Principal Stockholders represents a voting interest of 55.6% in relation to the existing voting rights of all HGI’s common and preferred stockholders. HGI’s shares of common stock trade on the New York Stock Exchange ("NYSE") under the symbol "HRG." HGI is focused on obtaining controlling equity stakes in companies that operate across a diversified set of industries and growing acquired businesses. As such, the Company has gained controlling interests in Spectrum Brands Holdings, Inc., a Delaware corporation (collectively with its consolidated subsidiaries, where applicable, "Spectrum Brands"), and Fidelity & Guaranty Life Holdings, Inc., a Delaware corporation ("FGL") and formed Salus Capital Partners, LLC ("Salus") and HGI Energy Holdings, LLC ("HGI Energy"). As of March 31, 2013, the Company’s beneficial ownership of the outstanding common stock of Spectrum Brands was 57.4%. Spectrum Brands is a global branded consumer products company which trades on the NYSE under the symbol "SPB." FGL, a wholly-owned subsidiary, is a provider of annuity and life insurance products in the United States of America. Salus is a provider of secured asset-based loans to entities across a variety of industries. HGI Energy holds an 74.5% equity investment in an oil and natural gas joint venture. In December 2012 and January 2013, the Company closed a secondary offering, in which the Principal Stockholders offered a total of 23.0 million shares of common stock at a price to the public of $7.50 per share. The Company did not receive any proceeds from the sale of shares in this offering. In December 2012, the Company issued $700.0 aggregate principal amount 7.875% Senior Secured Notes due 2019 (the "7.875% Notes") and used part of the proceeds of the offering to accept for purchase $498.0 aggregate principal amount of its 10.625% Senior Secured Notes due 2015 (the "10.625% Notes") pursuant to a tender offer (the "Tender Offer") for the 10.625% Notes. Additionally, the Company deposited sufficient funds in trust with the trustee under the indenture governing the 10.625% Notes in satisfaction and discharge of the remaining $2.0 aggregate principal amount of the 10.625% Notes. The remainder of the proceeds will be used for working capital by the Company and its subsidiaries and for general corporate purposes, including the financing of future acquisitions and businesses. In December, Spectrum Brands acquired the residential hardware and home improvement business (the "HHI Business") from Stanley Black & Decker, Inc. ("Stanley Black & Decker"), which includes (i) the equity interests of certain subsidiaries of Stanley Black & Decker engaged in the business and (ii) certain assets of Stanley Black & Decker used or held for use in connection with the business (the "Hardware Acquisition"). The HHI Business has a broad portfolio of recognized brand names, including Kwikset, Weiser, Baldwin, National Hardware, Stanley, FANAL and Pfister, as well as patented technologies such as Smartkey, a rekeyable lockset technology, and Smart Code Home Connect. On April 8, 2013, the Company completed the Hardware Acquisition, which included the acquisition of certain assets of Tong Lung Metal Industry Co. Ltd., a Taiwan Corporation ("TLM Taiwan"), which is involved in the production of residential locksets. For information pertaining to the Hardware Acquisition, see Note 3, Acquisitions. Also in December 2012, Spectrum Brands Escrow Corp. issued $520.0 aggregate principal amount of 6.375% Senior Notes due 2020 (the "6.375% Notes") and $570.0 aggregate principal amount of 6.625% Senior Notes due 2022 (the "6.625% Notes"). The 6.375% Notes and the 6.625% Notes were assumed by Spectrum Brands, in connection with the Hardware Acquisition. Spectrum Brands used the net proceeds from the offering to fund a portion of the purchase price and related fees and expenses for the Hardware Acquisition. Spectrum Brands financed the remaining portion of the Hardware Acquisition with a new $800.0 term loan facility, of which $100.0 is in Canadian dollar equivalents (the "Term Loan"). A portion of the Term Loan proceeds were also used to refinance the former term loan facility, maturing June 17, 2016, which had an aggregate amount outstanding of $370.2 prior to refinancing. Refer to Note 8, Debt, as well as Note 3, Acquisitions, in the accompanying Condensed Consolidated Financial Statements. Lastly, in December 2012, FGL entered into a coinsurance agreement (the "Reinsurance Agreement") with Front Street Re (Cayman) Ltd. ("Front Street Cayman"), also an indirect subsidiary of the Company. Pursuant to the Reinsurance Agreement, Front Street Cayman will reinsure approximately 10%, or approximately $1,500.0 of FGL’s policy liabilities, on a funds-withheld basis. In connection with the Reinsurance Agreement, Front Street Cayman, FGL and an indirect subsidiary of the Company, Five Island Asset Management, LLC ("Five Island"), also entered into an investment management agreement, pursuant to which Five Island will manage the assets securing Front Street Cayman’s reinsurance obligations under the Reinsurance Agreement, which assets are held by FGL in a segregated account. The assets in the segregated account will be invested in accordance with FGL’s existing guidelines. In February 2013, HGI finalized a joint venture with EXCO Resources, Inc. ("EXCO") to create a private oil and natural gas partnership (the "EXCO/HGI Partnership"), through the Company's wholly-owned subsidiary HGI Energy. In connection with its formation, the EXCO/HGI Partnership entered into a credit agreement which had an initial borrowing base of $400.0, maturing on February 14, 2018 (the "EXCO/HGI Partnership Credit Agreement"). In March 2013, the EXCO/HGI Partnership acquired all of the shallow Cotton Valley assets from an affiliate of BG Group plc ("BG Group") for $130.9, funded with borrowings from the EXCO/HGI Partnership Credit Agreement. Also in February 2013, Salus announced the closing of Salus CLO 2012-1, Ltd., a $250.0 collateralized loan obligation ("CLO") vehicle, initially funded with $175.5 of the asset-backed loans that it had originated through that date. Refer to Note 15, Other Required Disclosures, in the accompanying Condensed Consolidated Financial Statements. In March 2013, FGL issued $300.0 aggregate principal amount of its 6.375% senior notes due April 1, 2021, at par value. FGL used a portion of the net proceeds from the issuance to pay a dividend to HGI and expects to use the remainder for general corporate purposes, to support the growth of its subsidiary life insurance company. Refer to Note 8, Debt, in the accompanying Condensed Consolidated Financial Statements. In addition to acquiring controlling interests, HGI may make investments in debt instruments, acquire minority equity interests in companies and expand its operating businesses. The Company also owns 97.9% of Zap.Com Corporation ("Zap.Com"), a public shell company that may seek assets or businesses to acquire or may sell assets and/or liquidate. The Company’s reportable business segments are organized in a manner that reflects how HGI’s management views those business activities. Accordingly, the Company currently operates its business in four reporting segments: (i) Consumer Products, (ii) Insurance, (iii) Energy, and (iv) Financial Services. For the results of operations by segment, and other segment data, see Note 17, Segment Data.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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+ Details

Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements	6 Months Ended
	Mar. 31, 2013
Accounting Policies [Abstract]
Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements	Basis of Presentation, Significant Accounting Policies and Practices and Recent Accounting Pronouncements Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements of the Company included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of such information. All such adjustments are of a normal recurring nature. Although the Company believes that the disclosures are adequate to make the information presented not misleading, certain information and footnote disclosures, including a description of significant accounting policies normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP"), have been condensed or omitted pursuant to such rules and regulations, except for such significant accounting policies that were adopted during the quarter relating to new business ventures, which are detailed below. Certain prior year amounts have been reclassified or combined to conform to the current year presentation. These reclassifications and combinations had no effect on previously reported results of operations or accumulated deficit. These interim financial statements should be read in conjunction with the Company’s annual consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K filed with the SEC on November 27, 2012 (the "Form 10-K"). The results of operations for the six months ended March 31, 2013 are not necessarily indicative of the results for any subsequent periods or the entire fiscal year ending September 30, 2013. Principles of Consolidation The Condensed Consolidated Financial Statements include the accounts of the Company, its majority-owned subsidiaries, those variable interest entities ("VIEs") where the Company is the primary beneficiary, and it's proportional share of the gross net assets of equity method investments in extractive industries ("Proportionate consolidation"). Intercompany accounts and transactions have been eliminated. Results of operations of acquired companies are included from the dates of acquisition and for VIEs, from the dates that the Company became the primary beneficiary. The Company has elected to account for its investments in extractive industries that it does not control, but over which it can exert significant influence (specifically, the EXCO/HGI Partnership), by using the proportionate consolidation method allowed for equity-method investments in extractive industries, under Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 932, Extractive Industries. Under this method, the Company consolidates its proportionate share of the assets and liabilities of the equity method investment, using a gross presentation. A variable interest entity is an entity that lacks equity investors or whose equity investors do not have a controlling financial interest in the entity through their equity investments. The entity that has a controlling financial interest in a VIE is referred to as the primary beneficiary and consolidates the VIE. A corporation is deemed to have a controlling financial interest and is the primary beneficiary of a VIE if it has both the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and an obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. The Company, through its subsidiary, Salus, primarily uses VIEs for its securitization activities, in which Salus transfers whole loans into a trust or other vehicle such that the assets are legally isolated from the creditors of Salus. Assets held in a trust can only be used to settle obligations of the trust. The creditors of these trusts typically have no recourse to Salus except in accordance with the obligations under standard representations and warranties. When Salus is the servicer of whole loans held in a securitization trust, Salus has the power to direct the most significant activities of the trust. Salus consolidates a whole-loan securitization trust if it has the power to direct the most significant activities and also holds securities issued by the trust or has other contractual arrangements, other than standard representations and warranties, that could potentially be significant to the trust. Oil and natural gas properties Full Cost Method The accounting for, and disclosure of, oil and natural gas producing activities require that the EXCO/HGI Partnership choose between two GAAP alternatives; the full cost method or the successful efforts method. The EXCO/HGI Partnership chose to use the full cost method of accounting, which involves capitalizing all intangible drilling costs, lease and well equipment and exploration and development costs incurred plus acquired proved and unproved leaseholds. Once the EXCO/HGI Partnership incurs costs, they are recorded in the depletable pool of proved properties or in unproved properties, collectively, the full cost pool. The EXCO/HGI Partnership's unproved property costs, which include unproved oil and natural gas properties, properties under development, and major development projects, collectively totaled $52.9 and $48.5 as of March 31, 2013 and February 14, 2013, respectively, and are not subject to depletion. The EXCO/HGI Partnership reviews its unproved oil and natural gas property costs on a quarterly basis to assess for impairment and transfer unproved costs to proved properties as a result of extensions or discoveries from drilling operations or determination that no proved reserves are attributable to such costs. The EXCO/HGI Partnership expects these costs to be evaluated over approximately four years and transferred to the depletable portion of the full cost pool during that time. The EXCO/HGI Partnership has not recorded any impairments of undeveloped properties for the period from inception to March 31, 2013. Capitalization of Interest When the EXCO/HGI Partnership acquires significant amounts of undeveloped acreage, it capitalizes interest on the acquisition costs in accordance with FASB ASC Subtopic 835-20, Capitalization of Interest. When the unproved property costs are moved to proved developed and undeveloped oil and natural gas properties, or the properties are sold, the EXCO/HGI Partnership will cease capitalizing interest. Depletion The EXCO/HGI Partnership calculates depletion using the unit-of-production method. Under this method, the sum of the full cost pool, excluding the book value of unproved properties, and all estimated future development costs are divided by the total estimated quantities of proved reserves. This rate is applied to the EXCO/HGI Partnership's total production for the quarter, and the appropriate expense is recorded. The EXCO/HGI Partnership capitalizes the portion of general and administrative costs, including share-based compensation, that is attributable to its exploration, exploitation and development activities. Sales, dispositions and other oil and natural gas property retirements are accounted for as adjustments to the full cost pool, with no recognition of gain or loss, unless the disposition would significantly alter the amortization rate and/or the relationship between capitalized costs and Proved Reserves. Ceiling Test Exemption Pursuant to Rule 4-10(c)(4) of Regulation S-X, the EXCO/HGI Partnership was required to compute its ceiling test using the simple average spot price for the trailing twelve month period for oil and natural gas as of March 31, 2013. The computation resulted in the carrying costs of the EXCO/HGI Partnership's unamortized proved oil and natural gas properties exceeding the March 31, 2013 ceiling test limitation by approximately $234.0. As a result of a temporary exemption received from the SEC to exclude the acquisition of the EXCO/HGI Partnership's conventional oil and natural gas properties from the ceiling test, the need to recognize impairment for the quarter ended March 31, 2013 was eliminated. The EXCO/HGI Partnership's pricing for these acquisitions are based on models which incorporate, among other things, market prices based on New York Mercantile Exchange ("NYMEX") futures. The ceiling test requires companies using the full cost accounting method to price period ending proved reserves using the simple average spot price for the trailing twelve month period, which may not be indicative of actual market values. Given the short passage of time between closing of these acquisitions and the required ceiling test computation, HGI requested, and received, an exemption from the SEC to exclude the acquisition of these oil and natural gas properties from the ceiling test assessments for a period of twelve months following the corresponding acquisition dates. The request for exemption was made because the EXCO/HGI Partnership believes the fair value of the aforementioned acquisitions can be demonstrated beyond a reasonable doubt to exceed their unamortized costs. The EXCO/HGI Partnership's expectation of future prices is principally based on NYMEX futures contracts, adjusted for basis differentials, for a period of five years. After a five year period the EXCO/HGI Partnership has elected to use flat pricing as the NYMEX futures contracts become more thinly traded. Generally, the flat price used for the sixth year through the economic life of the property is management's internal long-term price estimate, which is, in part, based on an extension of the NYMEX pricing. The EXCO/HGI Partnership believes the NYMEX futures contracts reflect an independent proxy for fair value. Management's internal valuation model demonstrated that the fair value of these acquired oil and natural gas properties clearly exceeded the calculated ceiling test limitation as of March 31, 2013 beyond a reasonable doubt. The EXCO/HGI Partnership recognizes that, due to the volatility associated with oil and natural gas prices, a downward trend in market prices could occur. If such a case were to occur and is deemed to be other than a temporary trend, the EXCO/HGI Partnership would assess these acquisitions for impairment during the requested exemption period. Further, if the EXCO/HGI Partnership cannot demonstrate that fair value exceeds the calculated ceiling test limitation during the requested exemption periods prior to issuance of its financial statements, the EXCO/HGI Partnership will recognize impairment related to these acquisitions. The ceiling test calculation is based upon estimates of proved reserves. There are numerous uncertainties inherent in estimating quantities of proved reserves, in projecting the future rates of production and in the timing of development activities. The accuracy of any reserve estimate is a function of the quality of available data and of engineering and geological interpretation and judgment. Results of drilling, testing and production subsequent to the date of the estimate may justify revision of such estimate. Accordingly, reserve estimates are often different from the quantities of oil and natural gas that are ultimately recovered. Gas gathering assets Gas gathering assets are capitalized at cost and depreciated on a straight line basis over their estimated useful lives of up to 14 years. Deferred abandonment and asset retirement obligations The EXCO/HGI Partnership applies FASB ASC 410-20, Asset Retirement and Environmental Obligations ("ASC 410-20"), to account for estimated future plugging and abandonment costs. ASC 410-20 requires legal obligations associated with the retirement of long-lived assets to be recognized at their estimated fair value at the time that the obligations are incurred. Upon initial recognition of a liability, that cost is capitalized as part of the related long-lived asset and allocated to expense over the useful life of the asset. The EXCO/HGI Partnership's asset retirement obligations primarily represent the present value of the estimated amount it will incur to plug, abandon and remediate proved producing properties at the end of their productive lives, in accordance with applicable state laws. The EXCO/HGI Partnership's asset retirement obligations are determined using discounted cash flow methodologies based on inputs that are not readily available in public markets. The EXCO/HGI Partnership has no assets that are legally restricted for purposes of settling asset retirement obligations. Revenue recognition and gas imbalances The EXCO/HGI Partnership uses the sales method of accounting for oil and natural gas revenues. Under the sales method, revenues are recognized based on actual volumes of oil and natural gas sold to purchasers. Gas imbalances at March 31, 2013 were not significant. Gathering and transportation The EXCO/HGI Partnership generally sells oil and natural gas under two types of agreements which are common in the industry. Both types of agreements include a transportation charge. One is a net-back arrangement, under which the EXCO/HGI Partnership sells oil or natural gas at the wellhead and collects a price, net of the transportation incurred by the purchaser. In this case, The EXCO/HGI Partnership records sales at the price received from the purchaser, net of the transportation costs. Under the other arrangement, the EXCO/HGI Partnership sells oil or natural gas at a specific delivery point, pays transportation to a third party and receives proceeds from the purchaser with no transportation deduction. In this case, the EXCO/HGI Partnership records the transportation cost as gathering and transportation expense. Due to these two distinct selling arrangements, The EXCO/HGI Partnership's computed realized prices, before the impact of derivative financial instruments, includes revenues which are reported under two separate bases. Overhead reimbursement fees The EXCO/HGI Partnership has classified fees from overhead charges billed to working interest owners, including itself, as a reduction of general and administrative expenses in the accompanying Condensed Consolidated Statements of Operations. The EXCO/HGI Partnership's share of these charges was $0.6 and was classified as oil and natural gas production costs. Environmental costs Environmental costs that relate to current operations are expensed as incurred. Remediation costs that relate to an existing condition caused by past operations are accrued when it is probable that those costs will be incurred and can be reasonably estimated based upon evaluations of currently available facts related to each site. Recent Accounting Pronouncements Presentation of Comprehensive Income In June 2011, the FASB issued Accounting Standards Update 2011-05, "Comprehensive Income (Topic 220): Presentation of Comprehensive Income," which amends current comprehensive income guidance. This accounting update eliminates the option to present the components of other comprehensive income as part of the statement of shareholders’ equity. Instead, comprehensive income must be reported in either a single continuous statement of comprehensive income which contains two sections, net income and other comprehensive income, or in two separate but consecutive statements. The guidance requiring disclosure of the income statement location where gains and losses reclassified out of comprehensive income are included was deferred in December 2011. In November 2012, the FASB clarified its position on the reclassification disclosures, allowing disclosure of reclassification adjustments on the face of the comprehensive income statement or in the notes to the financial statements. The accounting guidance requiring a comprehensive income statement is now effective for the Company. The Company has implemented all required disclosures. Impairment Testing Also effective October 1, 2012, the Company implemented new guidance intended to simplify how the Company tests for impairments of goodwill and indefinite-lived intangible assets. The guidance will allow the Company to first assess qualitative factors to determine whether it is necessary to perform the two-step quantitative impairment tests for goodwill and indefinite-lived intangible assets. The Company will no longer be required to calculate, respectively for goodwill and indefinite-lived intangible assets, the fair value of a reporting unit, or the fair value of an indefinite-lived intangible asset, unless the Company determines, based on a qualitative assessment, that it is more likely than not that its fair value is less than its carrying amount. The Company will apply this new guidance upon its annual impairment analysis of its goodwill and indefinite-lived intangible assets, in August 2013. The Company does not expect the adoption of this guidance to have a significant impact on its consolidated financial statements. Offsetting Assets and Liabilities In December 2011, the FASB issued amended disclosure requirements for offsetting financial assets and financial liabilities to allow investors to better compare financial statements prepared under US GAAP with financial statements prepared under International Financial Reporting Standards. The new standards are effective for us beginning in the first quarter of our fiscal year ending September 30, 2014. The Company is currently evaluating the impact of this new accounting guidance on the disclosures included in its consolidated financial statements.

Acquisitions

6 Months Ended

Mar. 31, 2013

Business Combinations [Abstract]

Acquisitions

Spectrum Brands’ Acquisition of Stanley Black & Decker’s Hardware and Home Improvement Business

On December 17, 2012, Spectrum Brands completed the cash acquisition of the HHI Business from Stanley Black & Decker, which includes (i) the equity interests of certain subsidiaries of Stanley Black & Decker engaged in the business and (ii) certain assets of Stanley Black & Decker used or held for use in connection with the business.

The following table summarizes the preliminary consideration paid for the HHI Business:



	December 17, 2012
Negotiated sales price, excluding TLM Taiwan	$	1,300.0
Preliminary working capital and other adjustments	(10.6		)
Preliminary purchase price	$	1,289.4

The HHI Business is a major manufacturer and supplier of residential locksets, residential builders' hardware and faucets with a portfolio of recognized brand names, including Kwikset, Weiser, Baldwin, National Hardware, Stanley, FANAL and Pfister, as well as patented technologies such as the SmartKey, a re-keyable lockset technology, and Smart Code Home Connect. HHI Business customers include retailers, non-retail distributors and homebuilders. Headquartered in Lake Forest, California, the HHI Business has a global sales force and operates manufacturing and distribution facilities in the U.S., Canada, Mexico and Asia.

A portion of the Hardware Acquisition consisting of the purchase of certain assets of TLM Taiwan closed on April 8, 2013. Spectrum Brands paid Stanley Black & Decker the negotiated sales price of $100.0 on December 17, 2012, which was held in escrow until the close of the TLM Taiwan acquisition. This payment was made in conjunction with the close of the HHI Business acquisition and is classified within Other assets in the Company's Condensed Consolidated Balance Sheets.

The results of HHI Business operations since December 17, 2012 are included in the Company's Condensed Consolidated Statements of Operations.

Preliminary Valuation of Assets and Liabilities

The preliminary fair values of net tangible and intangible assets acquired and liabilities assumed in connection with the purchase of the HHI Business have been recognized in the Condensed Consolidated Balance Sheets based upon their preliminary values at December 17, 2012, as set forth below. The excess of the purchase price over the preliminary fair values of the net tangible assets and intangible assets was recorded as goodwill, and includes value associated with greater product diversity, stronger relationships with core retail partners, cross-selling opportunities in all channels and a new platform for potential future global growth using the Spectrum Brands' existing international infrastructure, most notably in Europe. The majority of goodwill recorded is not expected to be deductible for income tax purposes. The preliminary fair values were based upon a preliminary valuation and the estimates and assumptions used in such valuation are subject to change, which could be significant, within the measurement period (up to one year from the acquisition date). The primary areas of the preliminary valuation that are not yet finalized relate to the fair values of certain tangible assets and liabilities acquired, certain legal matters, amounts for income taxes including deferred tax accounts, amounts for uncertain tax positions, and net operating loss carryforwards inclusive of associated limitations and valuation allowance, the determination of identifiable intangible assets and the final amount of residual goodwill. Additionally, finalized fair values associated with deferred tax accounts could have a material effect on Spectrum Brands' estimated reversal of its consolidated U.S. valuation allowances recognized during the measurement period. See Note 12, Income Taxes, for further information. Spectrum Brands expects to continue to obtain information to assist it in determining the fair values of the net assets acquired at the acquisition date during the measurement period.

The preliminary valuation of the assets acquired and liabilities assumed for the HHI Business, including a reconciliation to the preliminary valuation reported as of December 30, 2012, is as follows:



	Preliminary Valuation						Preliminary Valuation
	December 30, 2012			Adjustments/reclassifications			March 31, 2013
Cash	$	17.4		$	5.8		$	23.2
Accounts receivable	104.6			4.4			109.0
Inventory	207.1			(2.4		)	204.7
Prepaid expenses and other	13.3			(4.1		)	9.2
Property, plant and equipment	104.5			(5.2		)	99.3
Intangible assets	470.0			—			470.0
Other long-term assets	3.1			—			3.1
Total assets acquired	920.0			(1.5		)	918.5
Accounts payable	130.1			8.0			138.1
Deferred tax liability - current	7.1			—			7.1
Accrued liabilities	37.5			(0.6		)	36.9
Deferred tax liability - long-term	104.7			11.2			115.9
Other long-term liabilities	11.2			(2.2		)	9.0
Total liabilities assumed	290.6			16.4			307.0
Total identifiable net assets	629.4			(17.9		)	611.5
Non-controlling interests	(2.2		)	(2.2		)	(4.4		)
Goodwill	662.2			20.1			682.3
Total net assets acquired	$	1,289.4		$	—		$	1,289.4

During the three month period ended March 31, 2013, Spectrum Brands recorded adjustments to the preliminary valuation of assets and liabilities resulting in a net increase to goodwill of $20.1. The preliminary goodwill increased $11.2 as a result of recording certain state and foreign valuation allowances against deferred tax assets, $5.2 resulting from a reduction in certain property, plant and equipment asset values and $2.4 from a reduction in inventory asset values. The changes in estimates were the result of additional accounting information provided by Stanley Black & Decker during the period. Spectrum Brands believes that information gathered to date provides a reasonable basis for estimating the fair values of assets acquired and liabilities assumed, but it is waiting for additional information necessary to finalize those fair values. Thus, the provisional measurements of fair value set forth above are subject to further change. Spectrum Brands expects to complete the purchase accounting process as soon as practicable but no later than one year from the acquisition date.

Preliminary Pre-Acquisition Contingencies Assumed

Spectrum Brands has evaluated and continues to evaluate pre-acquisition contingencies relating to the HHI Business that existed as of the acquisition date. Based on the evaluation to date, Spectrum Brands has preliminarily determined that certain pre-acquisition contingencies are probable in nature and estimable as of the acquisition date. Accordingly, Spectrum Brands has preliminarily recorded its best estimates for these contingencies as part of the preliminary valuation of the assets and liabilities acquired for the HHI Business. Spectrum Brands continues to gather information relating to all pre-acquisition contingencies that it has assumed from the HHI Business. Any changes to the pre-acquisition contingency amounts recorded during the measurement period will be included in the final valuation and related amounts recognized. Subsequent to the end of the measurement period any adjustments to pre-acquisition contingency amounts will be reflected in the Company's Condensed Consolidated Statements of Operations.

Preliminary Valuation Adjustments

Spectrum Brands performed a preliminary valuation of the assets and liabilities of the HHI Business at December 17, 2012. Significant adjustments as a result of the valuation and the bases for their determination are summarized as follows:


•	Inventories - An adjustment of $31.0 was recorded to adjust inventory to fair value. Finished goods were valued at estimated selling prices less the sum of costs of disposal and a reasonable profit allowance for the selling effort.


•	Property, plant and equipment, net - An adjustment of $4.0 was recorded to adjust the net book value of property, plant and equipment to fair value giving consideration to the highest and best use of the assets. The valuation of the property, plant and equipment was based on the cost approach.


•	Certain indefinite-lived intangible assets were valued using a relief from royalty methodology. Customer relationships and certain definite-lived intangible assets were valued using a multi-period excess earnings method. The total fair value of indefinite and definite lived intangibles was $470.0 as of December 17, 2012. A summary of the significant key inputs is as follows:

•

Spectrum Brands valued customer relationships using the income approach, specifically the multi-period excess earnings method. In determining the fair value of the customer relationships, the multi-period excess earnings approach values the intangible asset at the present value of the incremental after-tax cash flows attributable only to the customer relationship after deducting contributory asset charges. The incremental after-tax cash flows attributable to the subject intangible asset are then discounted to their present value. Only expected sales from current customers were used, which included an expected growth rate of 3%. Spectrum Brands assumed a customer retention rate of approximately 95%, which was supported by historical retention rates. Income taxes were estimated at 35% and amounts were discounted using a rate of 12%. The customer relationships were valued at $74.0 under this approach and will be amortized over 20 years.

•

Spectrum Brands valued indefinite lived trade names and trademarks using the income approach, specifically the relief from royalty method. Under this method, the asset value was determined by estimating the hypothetical royalties that would have to be paid if the trade name was not owned. Royalty rates were selected based on consideration of several factors, including prior transactions of the HHI Business related trademarks and trade names, other similar trademark licensing and transaction agreements and the relative profitability and perceived contribution of the trademarks and trade names. Royalty rates used in the determination of the fair values of trade names and trademarks ranged from 3.0% - 5.0% of expected net sales related to the respective trade names and trademarks. Spectrum Brands anticipates using the majority of the trade names and trademarks for an indefinite period as demonstrated by the sustained use of each subject trademark. In estimating the fair value of the trademarks and trade names, net sales for significant trade names and trademarks were estimated to grow at a rate of 2.5% - 5.0% annually with a terminal year growth rate of 2.5%. Income taxes were estimated at 35.0% and amounts were discounted using a rate of 12.0%. Trade name and trademarks were valued at $330.0 under this approach.

•

Spectrum Brands valued a definite lived trade name using the income approach, specifically the relief from royalty method. Under this method, the asset value was determined by estimating the hypothetical royalties that would have to be paid if the trade name was not owned. Royalty rates were selected based on consideration of several factors, including prior transactions of the HHI Business related trademarks and trade names, other similar trademark licensing and transaction agreements and the relative profitability and perceived contribution of the trademarks and trade names. The royalty rate used in the determination of the fair values of trade name was 3.5% of expected net sales related to the respective trade name. Spectrum Brands assumed an 8 year useful life of the trade name. In estimating the fair value of the trade name, net sales for the trade name were estimated to grow at a rate of 2.5% - 5.0% annually. Income taxes were estimated at 35.0% and amounts were discounted using a rate of 12.0%. The trade name was valued at $3.0 under this approach.

•

Spectrum Brands valued a trade name license agreement using the income approach, specifically the relief from royalty method. Under this method, the asset value was determined by estimating the hypothetical royalties that would have to be paid if the trade name was not owned. Royalty rates were selected based on consideration of several factors, including prior transactions of the HHI Business related trademarks and trade names, other similar trademark licensing and transaction agreements and the relative profitability and perceived contribution of the trademarks and trade names. The royalty rate used in the determination of the fair value of the trade name license agreement was 4.0% of expected net sales related to the respective trade name. In estimating the fair value of the trade name license agreement, net sales were estimated to grow at a rate of 2.5% - 5.0% annually. Spectrum Brands assumed a 5 year useful life of the trade name license agreement. Income taxes were estimated at 35.0% and amounts were discounted using a rate of 12.0%. The trade name license agreement was valued at $12.0 under this approach.

•

Spectrum Brands valued technology using the income approach, specifically the relief from royalty method. Under this method, the asset value was determined by estimating the hypothetical royalties that would have to be paid if the technology was not owned. Royalty rates were selected based on consideration of several factors, including prior transactions of the HHI Business, related licensing agreements and the importance of the technology and profit levels, among other considerations. Royalty rates used in the determination of the fair values of technologies ranged from 4.0%- 5.0% of expected net sales related to the respective technology. Spectrum Brands anticipates using these technologies through the legal life of the underlying patent and therefore the expected life of these technologies was equal to the remaining legal life of the underlying patents which was 10 years. In estimating the fair value of the technologies, net sales were estimated to grow at a rate of 2.5% - 31.0% annually. Income taxes were estimated at 35.0% and amounts were discounted using the rate of 12.0%. The technology assets were valued at $51.0 under this approach.


•	Deferred tax liabilities, net - An adjustment of $122.9 was recorded to adjust deferred taxes for the preliminary fair value adjustments made in accounting for the purchase.

Shaser

On November 8, 2012, Spectrum Brands completed the cash acquisition of an approximately 56% interest in Shaser Biosciences, Inc. ("Shaser"). Shaser is a global technology leader in developing energy-based, aesthetic dermatological technology for home use devices. This acquisition was not significant individually.

The following table summarizes the preliminary consideration paid for Shaser:



	November 8, 2012
Negotiated sales price	$	50.0
Preliminary working capital adjustment	(0.4		)
Preliminary purchase price	$	49.6

The purchase agreement provides Spectrum Brands with an option, exercisable solely at Spectrum Brands' discretion, to acquire the remaining 44% interest of Shaser (the "Call Option"). The Call Option is exercisable any time between January 1, 2017 and March 31, 2017 at a price equal to 1.0x trailing revenues or 7.0x adjusted trailing earnings before interest taxes depreciation and amortization ("EBITDA"), as defined, for calendar year ended December 31, 2016.

As of March 31, 2013, Spectrum Brands has paid approximately half of the negotiated sales price to the seller. The remaining purchase consideration was paid on April 2, 2013.

The results of Shaser's operations since November 8, 2012 are included in the Company's Condensed Consolidated Statements of Operations.

Preliminary Valuation of Assets and Liabilities

The assets acquired and liabilities assumed in the Shaser acquisition have been measured at their fair values at November 8, 2012 as set forth below. The excess of the purchase price over the fair values of the net tangible assets and identifiable intangible assets was recorded as goodwill, which includes value associated with the assembled workforce including an experienced research team, and is not expected to be deductible for income tax purposes. The preliminary fair values recorded were determined based upon a preliminary valuation and the estimates and assumptions used in such valuation are subject to change, which could be significant, within the measurement period (up to one year from the acquisition date). The primary areas of acquisition accounting that are not yet finalized relate to amounts for income taxes including deferred tax accounts, uncertain tax positions and net operating loss carryforwards inclusive of associated limitations and valuation allowances, certain legal matters and residual goodwill.

The preliminary fair values recorded for the assets acquired and liabilities assumed for Shaser are as follows:



	Preliminary Valuation						Preliminary Valuation
	December 30, 2012			Adjustments/reclassifications			March 31, 2013
Cash	$	0.9		$	—		$	0.9
Intangible asset	35.5			(2.7		)	32.8
Other assets	2.7			—			2.7
Total assets acquired	39.1			(2.7		)	36.4
Total liabilities assumed	14.4			(1.0		)	13.4
Total identifiable net assets	24.7			(1.7		)	23.0
Non-controlling interest	(39.0		)	—			(39.0		)
Goodwill	63.9			1.7			65.6
Total identifiable net assets	$	49.6		$	—		$	49.6

During the three month period ended March 31, 2013, Spectrum Brands recorded adjustments to the preliminary valuation of assets and liabilities resulting in a net increase to goodwill of $1.7. Goodwill increased as a result further information received to support a key valuation factor that impacted the valuation of the technology asset acquired. This revised information was provided by Shaser during the period. Spectrum Brands believes that information gathered to date provides a reasonable basis for estimating the fair values of assets acquired and liabilities assumed, but it is waiting for additional information necessary to finalize those fair values. Thus, the provisional measurements of fair value set forth above are subject to further change. Spectrum Brands expects to complete the purchase accounting process as soon as practicable but in any event, no later than one year from the acquisition date.

Preliminary Pre-Acquisition Contingencies Assumed

Spectrum Brands evaluated and continues to evaluate pre-acquisition contingencies relating to Shaser that existed as of the acquisition date. Based on the evaluation to date, Specrum Brands has preliminarily determined that certain pre-acquisition contingencies are probable in nature and estimable as of the acquisition date. Accordingly, Spectrum Brands has preliminarily recorded its best estimates for these contingencies as part of the preliminary accounting for Shaser. Spectrum Brands continues to gather information relating to all pre-acquisition contingencies that it has assumed from Shaser. Any changes to the pre-acquisition contingency amounts recorded during the measurement period will be included in the final valuation and related amounts recognized. Subsequent to the end of the measurement period any adjustments to pre-acquisition contingency amounts will be reflected in Spectrum Brands' results of operations.

Preliminary Valuation Adjustments

Spectrum Brands performed a preliminary valuation of the acquired proprietary technology assets, the non-controlling interest and the Call Option related to Shaser at November 8, 2012. A summary of the significant key inputs is as follows:

•

Spectrum Brands valued the technology assets using the income approach, specifically the relief from royalty method. Under this method, the asset value was determined by estimating the hypothetical royalties that would have to be paid if the technology was not owned. Royalty rates were selected based on consideration of several factors, including prior transactions of Shaser, related licensing agreements and the importance of the technology and profit levels, among other considerations. The royalty rate used in the determination of the fair value of the technology asset was 10.5% of expected net sales related to the technology. Spectrum Brands anticipates using the technology through the legal life of the underlying patent and therefore the expected life of the technology was equal to the remaining legal life of the underlying patent which was 13 years. In estimating the fair value of the technology, net sales were estimated to grow at a long-term rate of 3.0% annually. Income taxes were estimated at 35.0% and amounts were discounted using the rate of 11.0%. The technology asset was valued at approximately $32.8 under this approach.

•

Spectrum Brands valued the non-controlling interest in Shaser, a private company, by applying both income and market approaches. Under these methods, the non-controlling value was determined by using a discounted cash flow method, a guideline companies method, and a recent transaction approach. In estimating the fair value of the non-controlling interest, key assumptions include (i) cash flow projections based on market participant data and estimates by Spectrum Brands management, with net sales estimated to grow at a terminal growth rate of 3.0% annually, income taxes estimated at 35.0%, and amounts discounted using a rate of 12.0%, (ii) financial multiples of companies deemed to be similar to Shaser, and (iii) adjustments because of lack of control or lack of marketability that market participants would consider when estimating the fair value of the non-controlling interest in Shaser. The non-controlling interest was valued at $39.0 under this approach.

•

Spectrum Brands, in connection with valuing the non-controlling interest in Shaser, also valued the Call Option. In addition to the valuation methods and key assumptions discussed above, Spectrum Brands compared the forecasted revenue and EBITDA multiples, as defined, associated with the Call Option to current guideline companies. The Call Option was determined to have an immaterial value under this approach.

EXCO/HGI Partnership

The EXCO/HGI Partnership was formed through transactions between subsidiaries of EXCO and HGI, resulting in the formation of the General Partner and the Partnership. Under the terms of the respective agreements, the EXCO/HGI Partnership acquired certain oil and natural gas assets from EXCO for $725.0 of total consideration, subject to certain customary closing adjustments of $32.5, or a net purchase price of $692.5. Immediately after the closing and the consummation of the transactions, the ownership in the Partnership was 73.5% by HGI and 24.5% by EXCO and 2% by the General Partner. In addition, HGI and EXCO each own a 50% member interest in the General Partner and each have equal representation on the General Partner's board of directors. The ownership of the Partnership and General Partnership translates into an economic ownership of the EXCO/HGI Partnership of 74.5%. At the closing, HGI contributed approximately $348.3 in cash (reflecting the effect of preliminary closing adjustments and the economic benefits related to the July 1, 2012 effective date) to the EXCO/HGI Partnership and EXCO contributed $692.5 of net assets in exchange for cash of $573.3, and retained an interest in the joint venture of $119.1. The payment to EXCO was funded through a combination of cash from HGI's contribution, and borrowings under the EXCO/HGI Partnership Credit Agreement.

On March 5, 2013, the EXCO/HGI Partnership acquired certain of the shallow Cotton Valley assets from an affiliate of BG Group for $130.9, after customary preliminary purchase price adjustments. This acquisition includes oil and natural gas assets in the Danville, Waskom and Holly fields in East Texas and North Louisiana. The assets acquired by the EXCO/HGI Partnership represented an incremental working interest in certain properties previously owned by the EXCO/HGI Partnership. The acquisition was funded with borrowings from the EXCO/HGI Partnership Credit Agreement.

The EXCO/HGI Partnership accounted for the acquisitions in accordance with ASC 805-10, Business Combinations. The following table presents a summary of the fair value of assets acquired and liabilities assumed as part of the acquisition:



	EXCO's Contributed Assets February 14, 2013						BG Cotton Valley Assets March 5, 2013
	EXCO/HGI Partnership			HGI's Proportionate Interest			EXCO/HGI Partnership			HGI's Proportionate Interest
Assets acquired:
Cash	$	0.1		$	0.1		$	—		$	—
Oil and natural gas properties
Unproved oil and natural gas properties	65.1			48.5			7.2			5.4
Proved developed and undeveloped oil and natural gas properties	632.2			471.0			131.2			97.7
Total oil and natural gas properties	697.3			519.5			138.4			103.1
Other assets	32.7			24.5			—			—
Liabilities assumed:
Accounts payable and other current liabilities	(14.1		)	(10.5		)	—			—
Other liabilities	(23.5		)	(17.5		)	(7.5		)	(5.6		)
Total purchase price	$	692.5		$	516.1		$	130.9		$	97.5

The EXCO/HGI Partnership performed a valuation of the assets acquired and liabilities assumed at February 14 and March 5, 2013. A summary of the key inputs are as follows:

Oil and Natural Gas Properties - HGI's proportionate share of the fair value allocated to oil and natural gas properties was $519.5 and $103.1, respectively. The fair value of oil and natural gas properties was determined based on a discounted cash flow model of the estimated reserves. The estimated quantities of reserves utilized assumptions based on the partnership's internal geological, engineering data and financial data. The EXCO/HGI Partnership utilized NYMEX forward strip prices to value the reserves for a period of five years and then held prices flat thereafter. We then applied various discount rates depending on the classification of reserves and other risk characteristics.

Gas Gathering Assets - HGI's proportionate share of the fair value allocated to gas gathering assets was $21.5. The fair value of these assets was determined based on a market approach using other recent transactions involving gathering and processing assets. The EBITDA multiple based on these market transactions was applied to the projected EBITDA of the gas gathering assets in order to calculate the fair value.

Asset Retirement Obligations - HGI's proportionate share of the fair value allocated to asset retirement obligations was $18.5 and $5.6, respectively. These asset retirement obligations represent the present value of the estimated amount to be incurred to plug, abandon and remediate proved producing properties at the end of their productive lives, in accordance with applicable state laws. The fair value was determined based on a discounted cash flow model, which included assumptions of the estimated current abandonment costs, discount rate, inflation rate, and timing associated with the incurrence of these costs. The asset retirement obligations are primarily included in "Other liabilities" in the Condensed Consolidated Balance Sheets.

FGL Acquisition Update

On April 6, 2011, the Company acquired all of the outstanding shares of capital stock of FGL and certain intercompany loan agreements between the seller, as lender, and FGL, as borrower, for cash consideration of $350.0 (including $5.0 re-characterized as an expense), which amount could be reduced by up to $50.0 post closing (as discussed further below).

Contingent Purchase Price Reduction

As contemplated by the terms of the F&G Stock Purchase Agreement, Front Street Re, Ltd. ("Front Street"), a then recently formed Bermuda-based reinsurer and wholly-owned subsidiary of the Company sought to enter into a reinsurance agreement (the "Front Street Reinsurance Transaction") with FGL whereby Front Street would reinsure up to $3,000.0 of insurance obligations under annuity contracts of FGL, and Harbinger Capital Partners II LP ("HCP II"), an affiliate of the Principal Stockholders, would be appointed the investment manager of up to $1,000.0 of assets securing Front Street’s reinsurance obligations under the reinsurance agreement. These assets would be deposited in a reinsurance trust account for the benefit of FGL.

The Front Street Reinsurance Transaction required the approval of the Maryland Insurance Administration (the "MIA"). The F&G Stock Purchase Agreement provides that, the seller may be required to pay up to $50.0 as a post-closing reduction in purchase price if, among other things, the Front Street Reinsurance Transaction is not approved by the MIA or is approved subject to certain restrictions or conditions. FGL received written notice, dated January 10, 2012, from the MIA, rejecting the Front Street Reinsurance Transaction, as proposed by the respective parties. HGI is pursuing all available options to recover the full purchase price reduction, including the commencement of litigation against the seller; however, the outcome of any such action is subject to risk and uncertainty and there can be no assurance that any or all of the $50.0 purchase price reduction will be obtained by HGI.

Prior to the receipt of the written rejection notice from the MIA, management believed, based on the facts and circumstances at that time, that the likelihood was remote that the purchase price would be required to be reduced. Therefore a fair value of zero had been assigned to the contingent purchase price reduction as of the FGL Acquisition date and at each subsequent quarterly remeasurement date through January 1, 2012. Management now believes that it is near certain that the purchase price will be required to be reduced by the full $50.0 amount and has estimated a fair value of $41.0 for the contingent receivable as of March 31, 2013 (essentially unchanged from September 30, 2012 and April 1, 2012), reflecting appropriate discounts for potential litigation and regulatory action, length of time until expected payment is received and a credit insurance risk premium. Such $41.0 estimated fair value of the contingent receivable has been reflected in "Receivables, net" in the Condensed Consolidated Balance Sheets as of March 31, 2013. A corresponding credit to "Gain on contingent purchase price reduction" was recorded in earnings during Fiscal 2012.

Supplemental Pro Forma Information

The following table reflects the Company’s pro forma results as if the Hardware Acquisition and the acquisition of the Company's interest in the EXCO/HGI Partnership was completed on October 1, 2011 and the results of the HHI Business and the EXCO/HGI Partnership had been included in the full three and six months ended March 31, 2013 and April 1, 2012.



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012

Revenues:
Reported revenues	$	1,411.9		$	1,105.7		$	2,634.2		$	2,271.7
HHI adjustment	—			232.2			191.8			463.9
EXCO/HGI Partnership adjustment	17.1			38.4			53.7			82.3
Pro forma revenues	$	1,429.0		$	1,376.3		$	2,879.7		$	2,817.9

Net income:
Reported net income	$	(50.5	)	$	(0.2	)	$	17.6		$	45.3
HHI adjustment	—			10.1			4.9			23.1
EXCO/HGI Partnership adjustment	(0.9		)	(2.9		)	(0.5		)	0.4
Pro forma net income	$	(51.4	)	$	7.0		$	22.0		$	68.8

Basic net income per common share attributable to controlling interest:
Reported net loss per common share	$	(0.33	)	$	(0.03	)	$	0.08		$	0.10
HHI adjustment	—			0.07			0.04			0.17
EXCO/HGI Partnership adjustment	(0.01		)	(0.02		)	—			—
Pro forma net income per common share	$	(0.34	)	$	0.02		$	0.12		$	0.27

Diluted net income per common share attributable to controlling interest:
Reported diluted net loss per common share	$	(0.33	)	$	(0.03	)	$	0.06		$	0.10
HHI adjustment	—			0.07			0.02			0.17
EXCO/HGI Partnership adjustment	(0.01		)	(0.02		)	—			—
Pro forma diluted net income per common share	$	(0.34	)	$	0.02		$	0.08		$	0.27

Acquisition and Integration Related Charges

Acquisition and integration related charges reflected in "Selling, acquisition, operating and general expenses" in the accompanying Condensed Consolidated Statements of Operations include, but are not limited to transaction costs such as banking, legal and accounting professional fees directly related to an acquisition or potential acquisition, termination and related costs for transitional and certain other employees, integration related professional fees and other post business combination related expenses. Such charges for the three and six months ended March 31, 2013 relate primarily to the Hardware Acquisition and the EXCO/HGI Partnership acquisition, and for the three and six months ended April 1, 2012 relate primarily to the Spectrum Brands merger with Russell Hobbs, Inc. (the "SB/RH Merger") and the acquisition of FURminator.

The following table summarizes acquisition and integration related charges incurred by the Company for the three and six months ended March 31, 2013 and April 1, 2012:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
SB/RH Merger
Integration costs	$	0.8	$	2.8	$	1.9	$	5.2
Employee termination charges	0.2		1.9		0.3		2.5
Legal and professional fees	—		0.3		0.1		0.9
	1.0		5.0		2.3		8.6
HHI Business
Legal and professional fees	6.5		—		21.0		—
Integration costs	3.6		—		3.7		—
Employee termination charges	0.1		—		0.1		—
	10.2		—		24.8		—

FGL	—		—		—		0.1
EXCO/HGI Partnership	4.1		—		9.1		—
FURminator	0.6		2.1		1.2		4.6
BlackFlag	—		0.5		—		1.8
Shaser	0.2		—		4.4		—
Other	0.6		0.8		2.1		2.4
Total acquisition and integration related charges	$	16.7	$	8.4	$	43.9	$	17.5

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Number 141R

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+ Details

Investments

6 Months Ended

Mar. 31, 2013

Investments, Debt and Equity Securities [Abstract]

Investments

HGI’s investments consist of (1) marketable equity securities classified as trading and carried at fair value with unrealized gains and losses recognized in earnings, including certain securities for which the Company has elected the fair value option under Accounting Standards Codification ("ASC") Topic 825, Financial Instruments, which would otherwise have been classified as available-for-sale, and (2) U.S. Treasury securities and a certificate of deposit classified as held-to-maturity and carried at amortized cost, which approximates fair value. FGL’s debt and equity securities have been designated as available-for-sale and are carried at fair value with unrealized gains and losses included in AOCI, net of associated adjustments for value of business acquired ("VOBA"), deferred acquisition costs ("DAC") and deferred income taxes. The Company’s consolidated investments are summarized as follows:



	March 31, 2013
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value		Carrying Value

Fixed-maturity securities, available-for sale
Asset-backed securities	$	1,388.5	$	30.6	$	(0.7	)	$	1,418.4	$	1,418.4
Commercial mortgage-backed securities	506.8		39.9		(0.5		)	546.2		546.2
Corporates	10,118.0		686.3		(13.0		)	10,791.3		10,791.3
Hybrids	438.8		28.1		—			466.9		466.9
Municipals	969.1		109.4		(0.8		)	1,077.7		1,077.7
Agency residential mortgage-backed securities	122.2		4.1		(0.3		)	126.0		126.0
Non-agency residential mortgage-backed securities	1,209.5		91.6		(2.6		)	1,298.5		1,298.5
U.S. Government	447.1		11.5		(0.1		)	458.5		458.5
Total fixed maturities	15,200.0		1,001.5		(18.0		)	16,183.5		16,183.5
Equity securities
Available-for-sale	247.4		10.2		(1.9		)	255.7		255.7
Held for trading	102.1		—		(44.4		)	57.7		57.7
Total equity securities	349.5		10.2		(46.3		)	313.4		313.4
Derivatives	141.8		124.6		(3.8		)	262.6		262.6
Asset-backed loans	241.6		—		—			241.6		241.6
Other invested assets
Policy loans and other invested assets	32.4		—		—			32.4		32.4
Total investments	$	15,965.3	$	1,136.3	$	(68.1	)	$	17,033.5	$	17,033.5



	September 30, 2012
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value		Carrying Value

Fixed-maturity securities, available-for-sale
Asset-backed securities	$	1,010.9	$	18.6	$	(1.6	)	$	1,027.9	$	1,027.9
Commercial mortgage-backed securities	520.0		36.2		(2.4		)	553.8		553.8
Corporates	10,211.8		807.2		(10.0		)	11,009.0		11,009.0
Hybrids	519.0		18.8		(9.6		)	528.2		528.2
Municipals	1,083.2		141.9		(1.1		)	1,224.0		1,224.0
Agency residential mortgage-backed securities	149.5		5.8		(0.3		)	155.0		155.0
Non-agency residential mortgage-backed securities	629.1		35.8		(4.3		)	660.6		660.6
U.S. Government	917.5		12.9		—			930.4		930.4
Total fixed-maturity securities	15,041.0		1,077.2		(29.3		)	16,088.9		16,088.9
Equity securities
Available-for-sale	237.5		11.9		(1.3		)	248.1		248.1
Held for trading	191.8		—		(45.0		)	146.8		146.8
Total equity securities	429.3		11.9		(46.3		)	394.9		394.9
Derivatives	142.1		67.0		(8.4		)	200.7		200.7
Asset-backed loans	180.1		—		—			180.1		180.1
Other invested assets
U.S. Treasuries and certificate of deposit, held-to-maturity	35.0		—		—			35.0		35.0
Policy loans and other invested assets	18.8		—		—			18.8		18.8
Total other invested assets	53.8		—		—			53.8		53.8
Total investments	$	15,846.3	$	1,156.1	$	(84.0	)	$	16,918.4	$	16,918.4

Included in AOCI were unrealized gains of $0.9 and unrealized losses of $1.9 related to the non-credit portion of other-than-temporary impairments on non-agency residential-mortgage-backed securities at both March 31, 2013 and September 30, 2012.

Securities held on deposit with various state regulatory authorities had a fair value of $20.4 and $20.7 at March 31, 2013 and September 30, 2012, respectively.

Maturities of Fixed-maturity Securities

The amortized cost and fair value of fixed maturity available-for-sale securities by contractual maturities, as applicable, are shown below. Actual maturities may differ from contractual maturities because issuers may have the right to call or pre-pay obligations.



	March 31, 2013
	Amortized Cost		Fair Value
Corporate, Non-structured Hybrids, Municipal and U.S. Government securities:
Due in one year or less	$	615.2	$	619.4
Due after one year through five years	2,888.8		2,985.3
Due after five years through ten years	3,702.2		3,958.0
Due after ten years	4,683.2		5,144.6
Subtotal	11,889.4		12,707.3
Other securities which provide for periodic payments:
Asset-backed securities	1,388.5		1,418.4
Commercial-mortgage-backed securities	506.8		546.2
Structured hybrids	83.6		87.1
Agency residential mortgage-backed securities	122.2		126.0
Non-agency residential mortgage-backed securities	1,209.5		1,298.5
Total fixed maturity available-for-sale securities	$	15,200.0	$	16,183.5

Securities in an Unrealized Loss Position

As part of FGL’s ongoing securities monitoring process, FGL evaluates whether securities in an unrealized loss position could potentially be other-than-temporarily impaired. Excluding the non-credit portion of other-than-temporary impairments on non-agency residential-mortgage backed securities, FGL has concluded that the fair values of the securities presented in the table below were not other-than-temporarily impaired as of March 31, 2013. This conclusion is derived from the issuers’ continued satisfaction of the securities’ obligations in accordance with their contractual terms along with the expectation that they will continue to do so. Also contributing to this conclusion is FGL’s determination that it is more likely than not that FGL will not be required to sell these securities prior to recovery, an assessment of the issuers’ financial condition, and other objective evidence. As it specifically relates to asset-backed securities and commercial mortgage-backed securities, the present value of cash flows expected to be collected is at least the amount of the amortized cost basis of the security and FGL’s management has the intent to hold these securities for a period of time sufficient to allow for any anticipated recovery in fair value. The fair value and gross unrealized losses of available-for-sale securities, aggregated by investment category, were as follows:



	March 31, 2013
	Less than 12 months					12 months or longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Available-for-sale securities
Asset-backed securities	$	116.3	$	(0.5	)	$	21.8	$	(0.2	)	$	138.1	$	(0.7	)
Commercial-mortgage-backed securities	—		—			0.2		(0.5		)	0.2		(0.5		)
Corporates	1,044.4		(11.2		)	125.3		(1.8		)	1,169.7		(13.0		)
Equities	17.7		(0.7		)	32.2		(1.2		)	49.9		(1.9		)
Municipals	79.1		(0.8		)	—		—			79.1		(0.8		)
Agency residential mortgage-backed securities	4.9		(0.2		)	4.1		(0.1		)	9.0		(0.3		)
Non-agency residential mortgage-backed securities	143.4		(1.6		)	68.3		(1.0		)	211.7		(2.6		)
U.S. Government	20.0		(0.1		)	—		—			20.0		(0.1		)
Total available-for-sale securities	$	1,425.8	$	(15.1	)	$	251.9	$	(4.8	)	$	1,677.7	$	(19.9	)
Total number of available-for-sale securities in an unrealized loss position			213					51					264



	September 30, 2012
	Less than 12 months					12 months or longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Available-for-sale securities
Asset-backed securities	$	169.8	$	(1.0	)	$	7.5	$	(0.6	)	$	177.3	$	(1.6	)
Commercial-mortgage-backed securities	0.8		(0.8		)	10.7		(1.6		)	11.5		(2.4		)
Corporates	411.3		(8.1		)	45.5		(1.9		)	456.8		(10.0		)
Equities	—		—			44.5		(1.3		)	44.5		(1.3		)
Hybrids	13.4		(0.4		)	107.7		(9.2		)	121.1		(9.6		)
Municipals	71.1		(1.1		)	—		—			71.1		(1.1		)
Agency residential mortgage-backed securities	1.8		(0.2		)	6.1		(0.1		)	7.9		(0.3		)
Non-agency residential mortgage-backed securities	12.9		(0.3		)	101.8		(4.0		)	114.7		(4.3		)
Total available-for-sale securities	$	681.1	$	(11.9	)	$	323.8	$	(18.7	)	$	1,004.9	$	(30.6	)
Total number of available-for-sale securities in an unrealized loss position			100					56					156

At March 31, 2013 and September 30, 2012, securities in an unrealized loss position were primarily concentrated in investment grade corporate debt instruments, residential mortgage-backed securities and equities. Total unrealized losses were $19.9 and $30.6 at March 31, 2013 and September 30, 2012, respectively. Although the absolute level of unrealized losses has declined, the largest component of the unrealized loss position remains in the corporates finance sector, as spreads in this industry sector remain above historical levels. Spreads remain elevated in the commercial mortgage-backed and non-agency residential mortgage backed sectors of the structured market, but with conviction growing in the strength of the recovery in the U.S. housing market, FGL is adding to non-agency residential mortgage backed securities at these higher, attractive spreads. In general, FGL targets non-agency residential mortgage holdings in the National Association of Insurance Commissioners ("NAIC") 1 rating category. Hybrids continue to strengthen due to regulatory changes that encourage issuers to retire outstanding securities, and as a result, the unrealized loss position in hybrids has improved from September 30, 2012 to March 31, 2013.

Base interest rates remain low due to ongoing efforts by central banks to maintain an accommodative monetary. As a result, risk assets continue to perform well, including during the March 31, 2013 three and six month periods.

At March 31, 2013 and September 30, 2012, securities with a fair value of $0.1 and $1.2, respectively, were depressed greater than 20% of amortized cost (excluding United States Government and United States Government sponsored agency securities), which represented less than 1% of the carrying values of all investments. The improvement in unrealized loss positions from September 30, 2012 is primarily due to two factors: (i) securities at depressed prices were sold over the past fiscal quarter, reducing the size of holdings at an unrealized loss position and (ii) improving risk sentiment has lifted the market prices of investment grade bonds and structured securities. Based upon FGL’s current evaluation of these securities in accordance with its impairment policy and its intent to retain these investments for a period of time sufficient to allow for recovery in value, FGL has determined that these securities are not other-than-temporarily impaired.

Credit Loss Portion of Other-than-temporary Impairments

The following table provides a reconciliation of the beginning and ending balances of the credit loss portion of other-than-temporary impairments on fixed maturity securities held by FGL for the three and six months ended March 31, 2013 and April 1, 2012, for which a portion of the other-than-temporary impairment was recognized in AOCI:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Balance at the beginning of the period	$	2.7	$	2.1	$	2.7	$	0.7
Increases attributable to credit losses on securities:
Other-than-temporary impairment was not previously recognized	—		0.5		—		1.9
Balance at the end of the period	$	2.7	$	2.6	$	2.7	$	2.6

For the three and six months ended March 31, 2013, FGL recognized impairment losses in operations totaling $0.4 and $0.9, respectively, including credit impairments of $0.1 and $0.3 and change-of-intent impairments of $0.3 and $0.7 and had an amortized cost of $2.7 and a fair value of $1.8 at the time of impairment. For the three and six months ended April 1, 2012, FGL recognized impairment losses in operations totaling $4.1 and 17.3, respectively, including credit impairments of $2.6 for both periods, and change-of-intent impairments of $1.6 and $14.7 and had an amortized cost of $86.9 and a fair value of $68.0 at the time of impairment. Details underlying write-downs taken as a result of other-than-temporary impairments that were recognized in earnings and included in net realized gains on securities were as follows:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Other-than-temporary impairments recognized in net income:
Corporates	$	—	$	—	$	—	$	0.7
Non-agency residential mortgage-backed securities	0.4		3.3		0.9		6.1
Hybrids	—		—		—		9.7
Other invested assets	—		0.8		—		0.8
Total other-than-temporary impairments	$	0.4	$	4.1	$	0.9	$	17.3

Asset-backed Loans

Salus’ portfolio of asset-backed loans receivable, included in "Asset-backed loans" in the Condensed Consolidated Balance Sheets as of March 31, 2013 and September 30, 2012, consisted of the following:



	March 31, 2013		September 30, 2012
Asset-backed loans, by major industry:
Wholesale	$	66.0	$	77.2
Apparel	96.7		70.1
Jewelry	39.2		27.9
Other	42.5		6.3
Total asset-backed loans	244.4		181.5
Less: Allowance for credit losses	2.8		1.4
Total asset-backed loans, net	$	241.6	$	180.1

Salus establishes its allowance for credit losses through a provision for credit losses based on its evaluation of the credit quality of its loan portfolio. The following table presents the activity in its allowance for credit losses for the three and six months ended March 31, 2013 and April 1, 2012:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Allowance for credit losses:
Balance at beginning of period	$	2.6	$	—	$	1.4	$	—
Provision for credit losses	0.2		0.2		1.4		0.2
Charge-offs	—		—		—		—
Recoveries	—		—		—		—
Balance at end of period	$	2.8	$	0.2	$	2.8	$	0.2

Salus monitors credit quality as indicated by various factors and utilizes such information in its evaluation of the adequacy of the allowance for credit losses. As of March 31, 2013 and September 30, 2012, Salus had no outstanding loans that either were non-performing, in a non-accrual status, or had been subject to a troubled-debt restructuring. As of March 31, 2013 and September 30, 2012, Salus had no outstanding loans that had been individually considered impaired, as all loans were in current payment status.

Salus’ internal loan ratings provide information about the credit quality of its asset-based lending borrowers, and its risk of potential loss. The following tables present information about the credit quality of Salus’ asset-based loan portfolio, based on National Association of Insurance Commissioners ("NAIC") risk rating, as of March 31, 2013 and September 30, 2012:



NAIC Designation	Credit Equivalent Rating	March 31, 2013		Percent of Total		September 30, 2012		Percent of Total
1	AAA/AA/A	$	18.0	7.4	%	$	75.8	41.7	%
2	BBB	200.2		81.9	%	94.9		52.3	%
3	BB	—		—	%	10.8		6.0	%
4	B	—		—	%	—		—	%
5	CCC	26.2		10.7	%	—		—	%
Not rated		—		—	%	—		—	%
Total		$	244.4	100.0	%	$	181.5	100.0	%

Net Investment Income

The major sources of "Net investment income" on the accompanying Condensed Consolidated Statements of Operations were as follows:



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Fixed maturity available-for-sale securities	$	165.9		$	170.5		$	333.5		$	357.7
Equity available-for-sale securities	2.9			3.4			7.6			6.0
Policy loans	0.2			0.1			0.5			0.4
Invested cash and short-term investments	0.4			1.3			1.2			1.4
Other investments	5.4			0.9			14.2			0.6
Gross investment income	174.8			176.2			357.0			366.1
External investment expense	(2.8		)	(3.2		)	(6.9		)	(6.3		)
Net investment income	$	172.0		$	173.0		$	350.1		$	359.8

Net investment gains

"Net investment gains" reported on the accompanying Condensed Consolidated Statements of Operations were as follows:



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Net realized gains before other-than-temporary impairments	$	73.0		$	69.7		$	245.5		$	151.6
Gross other-than-temporary impairments	(0.4		)	(4.8		)	(0.9		)	(18.9		)
Non-credit portion of other-than-temporary impairments included in other comprehensive income	—			0.7			—			1.6
Net realized gains on fixed maturity available-for-sale securities	72.6			65.6			244.6			134.3
Realized gains on equity securities	1.9			0.1			1.9			0.4
Net realized gains on securities	74.5			65.7			246.5			134.7
Realized gains (losses) on certain derivative instruments	29.7			9.8			45.3			(5.7		)
Unrealized gains on certain derivative instruments	102.5			89.2			61.3			139.5
Change in fair value of derivatives	132.2			99.0			106.6			133.8
Realized gains on other invested assets	—			(1.1		)	0.1			(1.0		)
Net investment gains	$	206.7		$	163.6		$	353.2		$	267.5

For the three and six months ended March 31, 2013, principal repayments, calls, tenders, and proceeds from the sale of fixed maturity available-for-sale securities totaled $2,490.4 and $4,905.5, gross gains on such sales totaled $71.0 and $249.0 and gross losses totaled $0.1 and $0.6, respectively. The proceeds from the sale of fixed maturity available-for sale securities exclude maturities and repayments for the three and six months ended March 31, 2013.

For the three and six months ended April 1, 2012, principal repayments, calls, tenders, and proceeds from the sale of fixed maturity available-for-sale securities, including assets transferred to Wilton Re as discussed in Note 10 totaled $1,417.0 and $3,150.1, gross gains on such sales totaled $70.1 and $162.4 and gross losses totaled $1.2 and $11.7, respectively. The proceeds from the sale of fixed maturity available-for sale securities exclude maturities and repayments for the three and six months ended April 1, 2012.

Underlying write-downs taken to fixed maturity available-for-sale securities as a result of other-than-temporary impairments that were recognized in earnings and included in net realized gains on securities above were $0.4 and $0.9 for the three and six months ended March 31, 2013, respectively and were $4.1 and $17.3 for the three and six months ended April 1, 2012, respectively.

Cash flows from consolidated investing activities by security classification were as follows:



	Six months ended
	March 31, 2013			April 1, 2012
Proceeds from investments sold, matured or repaid:
Available-for-sale	$	5,769.7		$	3,059.7
Held-to-maturity	—			74.9
Trading (acquired for holding)	91.8			9.2
Derivatives and other	154.8			79.4
	$	6,016.3		$	3,223.2
Cost of investments acquired:
Available-for-sale	$	(5,839.0	)	$	(2,022.0	)
Held-to-maturity	—			(34.0		)
Trading (acquired for holding)	(0.9		)	(70.4		)
Derivatives and other	(76.3		)	(67.9		)
	$	(5,916.2	)	$	(2,194.3	)

Concentrations of Financial Instruments

As of March 31, 2013, the Company’s most significant investment in one industry, excluding treasuries, was FGL’s investment securities in the banking industry with a fair value of $2,036.4, or 12.2%, of the invested assets portfolio. FGL’s holdings in this industry includes investments in 87 different issuers with the top ten investments accounting for 39.6% of the total holdings in this industry. As of March 31, 2013, FGL’s exposure to sub-prime and Alternative-A residential mortgage-backed securities was $332.3 and $328.6 or collectively 2.0% of FGL's invested assets. As of March 31, 2013 and September 30, 2012 FGL had investments in 10 and 13 issuers that exceeded 10% of the Company's stockholders’ equity with a fair value of $1,408.0 and $1,625.9, or 8.4% and 9.8% of the invested assets portfolio, respectively. Additionally, FGL’s largest concentration in any single issuer as of March 31, 2013 and September 30, 2012 had a fair value of $167.7 and $152.9, or 1.0% and 0.7% of FGL's invested assets portfolio, respectively.

Derivative Financial Instruments

6 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

The fair value of outstanding derivative contracts recorded in the accompanying Condensed Consolidated Balance Sheets were as follows:



Asset Derivatives	Classification	March 31, 2013		September 30, 2012
Derivatives designated as hedging instruments:
Commodity swap and option agreements	Receivables, net	$	0.1	$	1.0
Commodity swap and option agreements	Other assets	0.1		1.0
Foreign exchange forward agreements	Receivables, net	3.0		1.2
Foreign exchange contracts	Other assets	0.1		—
Total asset derivatives designated as hedging instruments		3.3		3.2
Derivatives not designated as hedging instruments:
Commodity contracts	Derivatives	0.2		—
Call options	Derivatives	262.0		200.7
Futures contracts	Derivatives	0.4		—
Foreign exchange contracts	Receivables, net	0.1		—
Total asset derivatives		$	266.0	$	203.9



Liability Derivatives	Classification	March 31, 2013		September 30, 2012
Derivatives designated as hedging instruments:
Commodity contracts	Accounts payable and other current liabilities	$	0.7	$	—
Commodity contracts	Other liabilities	0.1		—
Foreign exchange forward agreements	Accounts payable and other current liabilities	0.7		3.1
Foreign exchange contracts	Other liabilities	0.1		—
Total liability derivatives designated as hedging instruments		1.6		3.1
Derivatives not designated as hedging instruments:
Commodity contracts	Other liabilities	8.3		—
FIA embedded derivative	Contractholder funds	1,639.6		1,550.8
Futures contracts	Other liabilities	—		0.9
Foreign exchange forward agreements	Accounts payable and other current liabilities	3.2		4.0
Foreign exchange forward agreements	Other liabilities	0.8		2.9
Equity conversion feature of preferred stock	Equity conversion feature of preferred stock	202.7		232.0
Total liability derivatives		$	1,856.2	$	1,793.7

Changes in AOCI from Derivative Instruments

For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative is reported as a component of AOCI and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Gains and losses on the derivative, representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness, are recognized in current earnings.

The following table summarizes the pretax impact of derivative instruments designated as cash flow hedges on the accompanying Condensed Consolidated Statements of Operations, and within AOCI, for the three and six months ended March 31, 2013 and April 1, 2012:



Derivatives in Cash Flow Hedging Relationships	Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion)						Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)						Classification
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Three months ended
Commodity contracts	$	(2.2	)	$	1.2		$	0.2		$	(0.1	)	Consumer products cost of goods sold
Interest rate contracts	—			—			—			(0.2		)	Interest expense
Foreign exchange contracts	0.1			0.4			0.2			(0.1		)	Net consumer products sales
Foreign exchange contracts	3.6			(4.8		)	(0.4		)	(0.7		)	Consumer products cost of goods sold
Total	$	1.5		$	(3.2	)	$	—		$	(1.1	)
Six months ended
Commodity contracts	$	(2.4	)	$	0.4		$	0.1		$	(0.5	)	Consumer products cost of goods sold
Interest rate contracts	—			—			—			(0.9		)	Interest expense
Foreign exchange contracts	0.6			0.3			0.3			(0.2		)	Net consumer products sales
Foreign exchange contracts	3.2			(3.5		)	(0.9		)	(1.9		)	Consumer products cost of goods sold
Total	$	1.4		$	(2.8	)	$	(0.5	)	$	(3.5	)

Fair Value Contracts and Other

For derivative instruments that are used to economically hedge the fair value of Spectrum Brands’ third party and intercompany foreign currency payments, commodity purchases and interest rate payments, and the equity conversion feature of the Company’s Preferred Stock, the gain (loss) associated with the derivative contract is recognized in earnings in the period of change. FGL recognizes all derivative instruments as assets or liabilities in the Condensed Consolidated Balance Sheets at fair value, including derivative instruments embedded in Fixed Indexed Annuity ("FIA") contracts, and any changes in the fair value of the derivatives are recognized immediately in the Condensed Consolidated Statements of Operations. During the three and six months ended March 31, 2013 and April 1, 2012 the Company recognized the following (losses) gains on these derivatives:



Derivatives Not Designated as Hedging Instruments	Gain (Loss) Recognized in Income on Derivatives												Classification
	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Equity conversion feature of preferred stock	$	(39.6	)	$	(26.4	)	$	29.3		$	1.5		(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock
Oil and natural gas commodity contracts	(8.8		)	—			(8.8		)	—			Other expense, net
Foreign exchange contracts	1.8			(3.5		)	(2.3		)	3.8			Other expense, net
Call options	118.5			73.4			97.6			93.3			Net investment gains
Futures contracts	13.7			25.6			9.0			40.5			Net investment gains
FIA embedded derivatives	(122.6		)	(41.7		)	(88.8		)	(100.4		)	Benefits and other changes in policy reserves
Total	$	(37.0	)	$	27.4		$	36.0		$	38.7

Additional Disclosures

Cash Flow Hedges

When appropriate, Spectrum Brands has used interest rate swaps to manage its interest rate risk. The swaps are designated as cash flow hedges with the changes in fair value recorded in AOCI and as a derivative hedge asset or liability, as applicable. The swaps settle periodically in arrears with the related amounts for the current settlement period payable to, or receivable from, the counter-parties included in accrued liabilities or receivables, respectively, and recognized in earnings as an adjustment to interest expense from the underlying debt to which the swap is designated. At March 31, 2013, Spectrum Brands did not have any interest rate swaps outstanding.

Spectrum Brands periodically enters into forward foreign exchange contracts to hedge the risk from forecasted foreign currency denominated third party and intercompany sales or payments. These obligations generally require Spectrum Brands to exchange foreign currencies for U.S. Dollars, Euros, Pounds Sterling, Australian Dollars, Brazilian Reals, Mexican Pesos, Canadian Dollars or Japanese Yen. These foreign exchange contracts are cash flow hedges of fluctuating foreign exchange related to sales of product or raw material purchases. Until the sale or purchase is recognized, the fair value of the related hedge is recorded in AOCI and as a derivative hedge asset or liability, as applicable. At the time the sale or purchase is recognized, the fair value of the related hedge is reclassified as an adjustment to "Net consumer product sales" or purchase price variance in "Consumer products cost of goods sold." At March 31, 2013, Spectrum Brands had a series of foreign exchange derivative contracts outstanding through June 2014 with a contract value of $147.0. The derivative net gain on these contracts recorded in AOCI at March 31, 2013 was $1.0, net of tax expense of $0.6 and noncontrolling interest of $0.8. At March 31, 2013, the portion of derivative net gain estimated to be reclassified from AOCI into earnings over the next twelve months is $1.1, net of tax and noncontrolling interest.

Spectrum Brands is exposed to risk from fluctuating prices for raw materials, specifically zinc used in its manufacturing processes. Spectrum Brands hedges a portion of the risk associated with these materials through the use of commodity swaps. The hedge contracts are designated as cash flow hedges with the fair value changes recorded in AOCI and as a hedge asset or liability, as applicable. The unrecognized changes in fair value of the hedge contracts are reclassified from AOCI into earnings when the hedged purchase of raw materials also affects earnings. The swaps effectively fix the floating price on a specified quantity of raw materials through a specified date. At March 31, 2013, Spectrum Brands had a series of such swap contracts outstanding through September 2014 for 10 tons of raw materials with a contract value of $19.9. The derivative net (loss) on these contracts recorded in AOCI at March 31, 2013 was $(0.3), net of tax benefit of $0.1 and noncontrolling interest of $0.2. At March 31, 2013, the portion of derivative net (loss) estimated to be reclassified from AOCI into earnings over the next twelve months is $(0.3), net of tax and noncontrolling interest.

Fair Value Contracts

Spectrum Brands

Spectrum Brands periodically enters into forward and swap foreign exchange contracts to economically hedge the risk from third party and intercompany payments resulting from existing obligations. These obligations generally require Spectrum Brands to exchange foreign currencies for U.S. Dollars, Canadian Dollars, Euros or Australian Dollars. These foreign exchange contracts are fair value hedges of a related liability or asset recorded in the accompanying Condensed Consolidated Balance Sheets. The gain or loss on the derivative hedge contracts is recorded in earnings as an offset to the change in value of the related liability or asset at each period end. At March 31, 2013 and September 30, 2012, Spectrum Brands had $132.2 and $172.6, respectively, of notional value for such foreign exchange derivative contracts outstanding.

FGL - FIA Contracts

FGL has FIA contracts that permit the holder to elect an interest rate return or an equity index linked component, where interest credited to the contracts is linked to the performance of various equity indices, primarily the Standard and Poor’s ("S&P") 500 Index. This feature represents an embedded derivative under US GAAP. The FIA embedded derivative is valued at fair value and included in the liability for contractholder funds in the accompanying Condensed Consolidated Balance Sheets with changes in fair value included as a component of benefits and other changes in policy reserves in the Condensed Consolidated Statements of Operations.

FGL purchases derivatives consisting of a combination of call options and futures contracts on the applicable market indices to fund the index credits due to FIA contractholders. The call options are one, two and three year options purchased to match the funding requirements of the underlying policies. On the respective anniversary dates of the index policies, the index used to compute the interest credit is reset and FGL purchases new one, two or three year call options to fund the next index credit. FGL manages the cost of these purchases through the terms of its FIA contracts, which permit FGL to change caps or participation rates, subject to guaranteed minimums, on each contract’s anniversary date. The change in the fair value of the call options and futures contracts is generally designed to offset the portion of the change in the fair value of the FIA embedded derivative related to index performance. The call options and futures contracts are marked to fair value with the change in fair value included as a component of "Net investment gains." The change in fair value of the call options and futures contracts includes the gains and losses recognized at the expiration of the instrument term or upon early termination and the changes in fair value of open positions.

Other market exposures are hedged periodically depending on market conditions and FGL’s risk tolerance. FGL’s FIA hedging strategy economically hedges the equity returns and exposes FGL to the risk that unhedged market exposures result in divergence between changes in the fair value of the liabilities and the hedging assets. FGL uses a variety of techniques, including direct estimation of market sensitivities and value-at-risk, to monitor this risk daily. FGL intends to continue to adjust the hedging strategy as market conditions and FGL’s risk tolerance change.

Oil and natural gas commodity contracts

The EXCO/HGI Partnership's primary objective in entering into derivative financial instruments is to manage its exposure to commodity price fluctuations, protect its returns on investments and achieve a more predictable cash flow in connection with its operations. These transactions limit exposure to declines in commodity prices, but also limit the benefits the EXCO/HGI Partnership would realize if commodity prices increase. When prices for oil and natural gas are volatile, a significant portion of the effect of the EXCO/HGI Partnership's derivative financial instrument management activities consists of non-cash income or expense due to changes in the fair value of its derivative financial instrument contracts. Cash charges or gains only arise from payments made or received on monthly settlements of contracts or if the EXCO/HGI Partnership terminates a contract prior to its expiration. The EXCO/HGI Partnership does not designate its derivative financial instruments as hedging instruments for financial accounting purposes.



	Three and six months ended
	March 31, 2013
Cash settlements on derivative financial instruments	$	0.6
Non-cash change in fair value of derivative financial instruments	(9.4		)
Loss on oil and natural gas commodity contracts	$	(8.8	)

Settlements in the normal course of maturities of derivative financial instrument contracts result in cash receipts from, or cash disbursements to, the EXCO/HGI Partnership's derivative contract counterparties. Changes in the fair value of the EXCO/HGI Partnership's derivative financial instrument contracts, which includes both cash settlements and non-cash changes in fair value, are included in income with a corresponding increase or decrease in the Condensed Consolidated Balance Sheets fair value amounts. Unrealized fair value adjustments included in Other expense, net on the Condensed Consolidated Statements of Operations, which do not impact cash flows, were losses of $9.4 from inception to the period ended March 31, 2013.

The EXCO/HGI Partnership's natural gas and oil commodity contract derivative instruments are comprised of swap contracts. Swap contracts allows the EXCO/HGI Partnership to receive a fixed price and pay a floating market price to the counterparty for the hedged commodity.

The following table presents the volumes and fair value of the EXCO/HGI Partnership's oil and natural gas derivative financial instruments as of March 31, 2013:



(in millions, except prices)	Volume Mmbtus/Bbls	Weighted average strike price per Mmbtu/Bbl		Fair value at March 31, 2013
Natural gas:
Swaps:
Remainder of 2013	15.4	$	3.72	$	(6.0	)
2014	10.9	4.14		(1.0		)
Total natural gas	26.2			$	(7.0	)
Oil:
Swaps:
Remainder of 2013	0.3	$	94.05	$	(0.8	)
2014	0.3	91.87		(0.3		)
Total oil	0.6			$	(1.1	)
Total oil and natural gas commodity contract derivatives				$	(8.1	)

At February 14, 2013, the EXCO/HGI Partnership had outstanding derivative contracts to mitigate price volatility covering 13,365,300 Million British Thermal Units ("Mmbtus") of natural gas and 408 Thousand Barrels ("Mbbls") of oil. At March 31, 2013, the average forward NYMEX oil prices per barrel ("Bbl") for the remainder of 2013 and calendar year 2014 were $96.78 and $92.75, respectively, and the average forward NYMEX natural gas prices per Mmbtu for the remainder of 2013 and calendar year 2014, were $4.12 and $4.23, respectively.

The EXCO/HGI Partnership's derivative financial instruments covered approximately 54.4% of production volumes for the period from inception to March 31, 2013.

Credit Risk

Spectrum Brands is exposed to the risk of default by the counterparties with which Spectrum Brands transacts and generally does not require collateral or other security to support financial instruments subject to credit risk. Spectrum Brands monitors counterparty credit risk on an individual basis by periodically assessing each such counterparty’s credit rating exposure. The maximum loss due to credit risk equals the fair value of the gross asset derivatives that are concentrated with certain domestic and foreign financial institution counterparties. Spectrum Brands considers these exposures when measuring its credit reserve on its derivative assets, which was insignificant at March 31, 2013 and $0.1 at September 30, 2012, respectively.

Spectrum Brands’ standard contracts do not contain credit risk related contingent features whereby Spectrum Brands would be required to post additional cash collateral as a result of a credit event. However, Spectrum Brands is typically required to post collateral in the normal course of business to offset its liability positions. At March 31, 2013 and September 30, 2012, Spectrum Brands had posted cash collateral of $0.5 and $0.1, respectively, related to such liability positions. In addition, at March 31, 2013 and September 30, 2012, Spectrum Brands had no posted standby letters of credit related to such liability positions. The cash collateral is included in "Receivables, net" within the accompanying Condensed Consolidated Balance Sheets.

The EXCO/HGI Partnership places derivative financial instruments with the financial institutions that are lenders under the EXCO/HGI Partnership Credit Agreement that it believes have high quality credit ratings. To mitigate risk of loss due to default, the EXCO/HGI Partnership has entered into master netting agreements with its counterparties on its derivative financial instruments that allow it to offset its asset position with its liability position in the event of a default by the counterparty.

FGL is exposed to credit loss in the event of nonperformance by its counterparties on the call options and reflects assumptions regarding this nonperformance risk in the fair value of the call options. The nonperformance risk is the net counterparty exposure based on the fair value of the open contracts less collateral held. FGL maintains a policy of requiring all derivative contracts to be governed by an International Swaps and Derivatives Association ("ISDA") Master Agreement.

Information regarding FGL’s exposure to credit loss on the call options it holds is presented in the following table:



		March 31, 2013				September 30, 2012
Counterparty	Credit Rating (Moody's/S&P)	Notional Amount		Fair Value		Notional Amount		Fair Value
Bank of America	Baa2/A-	$	1,936.9	$	81.0	$	1,884.0	$	64.1
Morgan Stanley	Baa1/A-	1,938.6		80.3		1,634.7		51.6
Deutsche Bank	A2/A+	1,723.0		69.6		1,816.5		61.7
Royal Bank of Scotland	Baa1/A-	468.0		27.7		353.9		19.6
Barclay's Bank	A2/A+	116.7		3.4		131.3		3.1
Credit Suisse	A2/A	—		—		10.0		0.6
		$	6,183.2	$	262.0	$	5,830.4	$	200.7

Collateral Agreements

FGL is required to maintain minimum ratings as a matter of routine practice under its ISDA agreements. Under some ISDA agreements, FGL has agreed to maintain certain financial strength ratings. A downgrade below these levels provides the counterparty under the agreement the right to terminate the open derivative contracts between the parties, at which time any amounts payable by FGL or the counterparty would be dependent on the market value of the underlying derivative contracts. FGL’s current rating allows multiple counterparties the right to terminate ISDA agreements. No ISDA agreements have been terminated, although the counterparties have reserved the right to terminate the ISDA agreements at any time. In certain transactions, FGL and the counterparty have entered into a collateral support agreement requiring either party to post collateral when the net exposures exceed pre-determined thresholds. These thresholds vary by counterparty and credit rating. As of March 31, 2013 and September 30, 2012, no collateral was posted by FGL’s counterparties as they did not meet the net exposure thresholds. Accordingly, the maximum amount of loss due to credit risk that FGL would incur if parties to the call options failed completely to perform according to the terms of the contracts was $262.0 and $200.7 at March 31, 2013 and September 30, 2012, respectively.

FGL held 1,329 and 2,835 futures contracts at March 31, 2013 and September 30, 2012, respectively. The fair value of futures contracts represents the cumulative unsettled variation margin (open trade equity net of cash settlements). FGL provides cash collateral to the counterparties for the initial and variation margin on the futures contracts which is included in "Cash and cash equivalents" in the Condensed Consolidated Balance Sheets. The amount of collateral held by the counterparties for such contracts was $4.6 and $9.8 at March 31, 2013 and September 30, 2012, respectively.

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

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+ Details

Fair Value of Financial Instruments

6 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

The Company’s measurement of fair value is based on assumptions used by market participants in pricing the asset or liability, which may include inherent risk, restrictions on the sale or use of an asset or non-performance risk, which may include the Company’s own credit risk. The Company’s estimate of an exchange price is the price in an orderly transaction between market participants to sell the asset or transfer the liability ("exit price") in the principal market, or the most advantageous market in the absence of a principal market, for that asset or liability, as opposed to the price that would be paid to acquire the asset or receive a liability ("entry price"). The Company categorizes financial instruments carried at fair value into a three-level fair value hierarchy, based on the priority of inputs to the respective valuation technique. The three-level hierarchy for fair value measurement is defined as follows:

Level 1 — Values are unadjusted quoted prices for identical assets and liabilities in active markets accessible at the measurement date.

Level 2 — Inputs include quoted prices for similar assets or liabilities in active markets, quoted prices from those willing to trade in markets that are not active, or other inputs that are observable or can be corroborated by market data for the term of the instrument. Such inputs include market interest rates and volatilities, spreads and yield curves.

Level 3 — Certain inputs are unobservable (supported by little or no market activity) and significant to the fair value measurement. Unobservable inputs reflect the Company’s best estimate of what hypothetical market participants would use to determine a transaction price for the asset or liability at the reporting date based on the best information available in the circumstances.

In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment’s level within the fair value hierarchy is based on the lower level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the investment.

When a determination is made to classify an asset or liability within Level 3 of the fair value hierarchy, the determination is based upon the significance of the unobservable inputs to the overall fair value measurement. Because certain securities trade in less liquid or illiquid markets with limited or no pricing information, the determination of fair value for these securities is inherently more difficult. However, Level 3 fair value investments may include, in addition to the unobservable or Level 3 inputs, observable components, which are components that are actively quoted or can be validated to market-based sources. The carrying amounts and estimated fair values of the Company’s consolidated financial instruments for which the disclosure of fair values is required, including (i) financial assets and liabilities measured and carried at fair value on a recurring basis, and (ii) financial assets and liabilities not measured at fair value but for which fair value disclosures are required; are summarized according to the hierarchy previously described as follows:



	March 31, 2013
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets
Cash and cash equivalents (a)	$	1,475.0	$	—	$	—	$	1,475.0	$	1,475.0
Contingent purchase price reduction receivable	—		—		41.0		41.0		41.0
Derivatives:
Foreign exchange forward agreements	—		3.2		—		3.2		3.2
Commodity swap and option agreements	—		0.4		—		0.4		0.4
Call options and futures contracts	—		262.4		—		262.4		262.4
Fixed maturity securities, available-for-sale:
Asset-backed securities	—		1,413.1		5.3		1,418.4		1,418.4
Commercial mortgage-backed securities	—		540.0		6.2		546.2		546.2
Corporates	—		10,434.8		356.5		10,791.3		10,791.3
Hybrids	—		466.9		—		466.9		466.9
Municipals	—		1,077.7		—		1,077.7		1,077.7
Agency residential mortgage-backed securities	—		126.0		—		126.0		126.0
Non-agency residential mortgage-backed securities	—		1,298.5		—		1,298.5		1,298.5
U.S. Government	349.3		109.2		—		458.5		458.5
Equity securities:
Available-for-sale	—		245.7		10.0		255.7		255.7
Trading	57.7		—		—		57.7		57.7
Policy loans and other invested assets	—		—		32.4		32.4		32.4
Asset-backed loans	—		—		241.6		241.6		241.6
Total financial assets	$	1,882.0	$	15,977.9	$	693.0	$	18,552.9	$	18,552.9

Liabilities
Total debt (a)	$	—	$	4,881.4	$	—	$	4,881.4	$	4,596.7
Derivatives:
FIA embedded derivatives, included in contractholder funds	—		—		1,639.6		1,639.6		1,639.6
Foreign exchange forward agreements	—		4.8		—		4.8		4.8
Commodity swap and option agreements	—		9.1		—		9.1		9.1
Equity conversion feature of preferred stock	—		—		202.7		202.7		202.7
Redeemable preferred stock, excluding equity conversion feature	—		—		379.4		379.4		326.8
Investment contracts, included in contractholder funds	—		—		12,288.1		12,288.1		13,770.3
Total financial liabilities	$	—	$	4,895.3	$	14,509.8	$	19,405.1	$	20,550.0



	September 30, 2012
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets
Cash and cash equivalents (a)	$	1,468.4	$	2.3	$	—	$	1,470.7	$	1,470.7
Contingent purchase price reduction receivable	—		—		41.0		41.0		41.0
Derivatives:
Foreign exchange forward agreements	—		1.2		—		1.2		1.2
Commodity swap and option agreements	—		2.0		—		2.0		2.0
Call options	—		200.7		—		200.7		200.7
Fixed maturity securities, available-for-sale:
Asset-backed securities	—		1,012.0		15.9		1,027.9		1,027.9
Commercial mortgage-backed securities	—		548.8		5.0		553.8		553.8
Corporates	—		10,873.7		135.3		11,009.0		11,009.0
Hybrids	—		519.4		8.8		528.2		528.2
Municipals	—		1,224.0		—		1,224.0		1,224.0
Agency residential mortgage-backed securities	—		155.0		—		155.0		155.0
Non-agency residential mortgage-backed securities	—		660.6		—		660.6		660.6
U.S. Government	930.4		—		—		930.4		930.4
Equity securities
Available-for-sale	—		248.1		—		248.1		248.1
Trading	146.8		—		—		146.8		146.8
U.S. Treasuries and certificate of deposit, held-to-maturity	—		35.0		—		35.0		35.0
Policy loans and other invested assets	—		—		18.8		18.8		18.8
Asset-backed loans	—		—		180.1		180.1		180.1
Total financial assets	$	2,545.6	$	15,482.8	$	404.9	$	18,433.3	$	18,433.3

Liabilities
Total debt (a)	$	524.0	$	1,804.8	$	—	$	2,328.8	$	2,167.0
Derivatives:
FIA embedded derivatives, included in contractholder funds	—		—		1,550.8		1,550.8		1,550.8
Futures contracts	—		0.9		—		0.9		0.9
Foreign exchange forward agreements	—		10.0		—		10.0		10.0
Commodity swap and option agreements	—		—		—		—		—
Equity conversion feature of preferred stock	—		—		232.0		232.0		232.0
Redeemable preferred stock, excluding equity conversion feature	—		—		368.9		368.9		319.2
Investment contracts, included in contractholder funds	—		—		12,271.9		12,271.9		13,739.6
Total financial liabilities	$	524.0	$	1,815.7	$	14,423.6	$	16,763.3	$	18,019.5


(a)	The fair values of cash equivalents, short-term investments and debt set forth above are generally based on quoted or observed market prices.


(b)	The carrying amounts of trade receivables, accounts payable, accrued investment income and portions of other insurance liabilities approximate fair value due to their short duration and, accordingly, they are not presented in the tables above.

Valuation Methodologies

FGL measures the fair value of its securities based on assumptions used by market participants in pricing the security. The most appropriate valuation methodology is selected based on the specific characteristics of the fixed maturity or equity security, and FGL will then consistently apply the valuation methodology to measure the security’s fair value. FGL’s fair value measurement is based on a market approach, which utilizes prices and other relevant information generated by market transactions involving identical or comparable securities. Sources of inputs to the market approach include a third-party pricing service, independent broker quotations or pricing matrices. FGL uses observable and unobservable inputs in its valuation methodologies. Observable inputs include benchmark yields, reported trades, broker-dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers and reference data. In addition, market indicators and industry and economic events are monitored and further market data will be acquired when certain thresholds are met. For certain security types, additional inputs may be used, or some of the inputs described above may not be applicable. For broker-quoted only securities, quotes from market makers or broker-dealers are obtained from sources recognized to be market participants. Management believes the broker quotes are prices at which trades could be executed based on historical trades executed at broker-quoted or slightly higher prices. The fair value of the asset-backed loans originated by Salus approximate their carrying value, as those loans carry a variable rate, are revolving in nature, and can be settled at the demand of either party.

FGL did not adjust prices received from third parties as of March 31, 2013 and September 30, 2012. However, FGL does analyze the third party valuation methodologies and its related inputs to perform assessments to determine the appropriate level within the fair value hierarchy.

The fair value of derivative assets and liabilities is based upon valuation pricing models, which represents what FGL would expect to receive or pay at the balance sheet date if it cancelled the options, entered into offsetting positions, or exercised the options. The fair value of futures contracts represents the cumulative unsettled variation margin (open trade equity net of cash settlements). Fair values for these instruments are determined externally by an independent actuarial firm using market observable inputs, including interest rates, yield curve volatilities, and other factors. Credit risk related to the counterparty is considered when estimating the fair values of these derivatives. The fair values of the embedded derivatives in FGL’s FIA products are derived using market indices, pricing assumptions and historical data.

Investment contracts include deferred annuities, FIAs, IUL and immediate annuities. The fair values of deferred annuity, FIAs, and IUL contracts are based on their cash surrender value (i.e. the cost FGL would incur to extinguish the liability) as these contracts are generally issued without an annuitization date. The fair value of immediate annuities contracts is derived by calculating a new fair value interest rate using the updated yield curve and treasury spreads as of the respective reporting date. At March 31, 2013 and September 30, 2012, this resulted in lower fair value reserves relative to the carrying value. FGL is not required to and has not estimated the fair value of the liabilities under contracts that involve significant mortality or morbidity risks, as these liabilities fall within the definition of insurance contracts that are exceptions from financial instruments that require disclosure of fair value.

The EXCO/HGI Partnership evaluates oil and natural gas derivative assets and liabilities in accordance with master netting agreements with the derivative counterparties, but reports them on a gross basis on the Condensed Consolidated Balance Sheets. Net derivative asset values are determined primarily by quoted futures prices and utilization of the counterparties’ credit-adjusted risk-free rate curves and net derivative liabilities are determined by utilization of a credit-adjusted risk-free rate curve. The credit-adjusted risk-free rates of EXCO/HGI Partnership's counterparties are based on an independent market-quoted credit default swap rate curve for the counterparties’ debt plus the London Interbank Offered Rate ("LIBOR") curve as of the end of the reporting period. The EXCO/HGI Partnership's credit-adjusted risk-free rate is based on its cost of debt plus the LIBOR curve as of the end of the reporting period.

The EXCO/HGI Partnership's oil derivatives are swap contracts for notional Bbls of oil at fixed NYMEX West Texas Intermediate ("WTI") oil prices. The asset and liability values attributable to oil derivatives as of the end of the reporting period are based on (i) the contracted notional volumes, (ii) independent active NYMEX futures price quotes for WTI oil, and (iii) the applicable estimated credit-adjusted risk-free rate curve, as described above.

The EXCO/HGI Partnership's natural gas derivatives are swap contracts for notional Mmbtus of natural gas at posted price indexes, including NYMEX Henry Hub ("HH") swap contracts. The asset and liability values attributable to natural gas derivatives as of the end of the reporting period are based on (i) the contracted notional volumes, (ii) independent active NYMEX futures price quotes for HH for natural gas swaps, and (iii) the applicable credit-adjusted risk-free rate curve, as described above.

Goodwill, intangible assets and other long-lived assets are also tested annually or if an event occurs that indicates an impairment loss may have been incurred using fair value measurements with unobservable inputs (Level 3).

Quantitative information regarding significant unobservable inputs used for recurring Level 3 fair value measurements of financial instruments carried at fair value as of March 31, 2013 is as follows:



			Fair Value at				Range (Weighted average)
Assets	Valuation Technique	Unobservable Input(s)	March 31, 2013		September 30, 2012		March 31, 2013	September 30, 2012
Contingent purchase price reduction receivable	Discounted cash flow	Probability of collection	$	41.0	$	41.0	88% - 96% (92%)	88% - 96% (92%)
		Expected term					9 months	9 months
		Discount rate					0.94%	0.72%
		Credit insurance risk premium					11%	12%
Asset-backed securities	Broker-quoted	Offered quotes	5.3		15.9		109%	100% - 110% (103%)
Commercial mortgage-backed securities	Broker-quoted	Offered quotes	6.2		5.0		104%	101%
Corporates	Broker-quoted	Offered quotes	353.9		103.3		0% - 116% (91%)	0% - 141% (69%)
Corporates	Market pricing	Quoted prices	2.6		32.0		88% - 141% (123%)	88% - 158% (98%)
Hybrids	Broker-quoted	Offered quotes	—		8.8		—	0% - 103% (25%)
Equity	Broker-quoted	Offered quotes	10.0		—		100%	—
Total			$	419.0	$	206.0

Liabilities
FIA embedded derivatives, included in contractholder funds	Discounted cash flow	Market value of option	$	1,639.6	$	1,550.8	0% - 35% (4%)	0% - 31% (4%)
		SWAP rates					0.95% - 2% (1.5%)	0.76% - 2% (1%)
		Mortality multiplier					80%	70%
		Surrender rates					0.50% - 75% (7%)	2% - 50% (7%)
		Non-performance spread					0.25% - 0.25% (0.25%)	0.25% - 0.25% (0.25%)
Equity conversion feature of preferred stock	Monte Carlo simulation / Option model	Annualized volatility of equity	202.7		232.0		43%	41%
		Discount yield					11%	12% - 13% (12%)
		Non-cash accretion rate					0%	0%
		Calibration adjustment					12% - 14% (13%)	10% - 13% (11%)
Total			$	1,842.3	$	1,782.8

The significant unobservable inputs used in the fair value measurement of the contingent purchase price reduction receivable are the probability of collection depending on the outcomes of litigation and regulatory action, the expected term until payment, discount rate and the credit insurance risk premium. Generally, an increase in the assumptions for the expected term, discount rate and credit insurance risk premium would decrease the fair value of the contingent purchase price receivable. An increase in the probability of collection would increase the fair value of the contingent purchase price reduction receivable.

The significant unobservable inputs used in the fair value measurement of FIA embedded derivatives included in contractholder funds are market value of option, interest swap rates, mortality multiplier, surrender rates, and non-performance spread. The mortality multiplier is based on the 1983 annuity table and assumes the contractholder population is 50% female and 50% male. Significant increases (decreases) in the market value of option in isolation would result in a higher (lower) fair value measurement. Significant increases (decreases) in interest swap rates, mortality multiplier, surrender rates, or non-performance spread in isolation would result in a lower (higher) fair value measurement. Generally, a change in any one unobservable input would not result in a change in any other unobservable input.

The significant unobservable inputs used in the fair value measurement of the equity conversion feature of the Company’s Preferred Stock are annualized volatility of the market value of the Company’s listed shares of common stock, the discount yield as of the valuation date, a calibration factor to the issued date fair value of the Preferred Stock and the forecasted non-cash accretion rate. Significant increases (decreases) in any of the inputs in isolation would result in a significantly higher (lower) fair value measurement. Generally, an increase in the assumptions used for the volatility and discount yield assumptions would increase the fair value of the equity conversion feature of preferred stock, and maintaining a higher forecasted non-cash accretion rate, would also increase the fair value of the equity conversion feature of preferred stock. A decrease in the calibration factor would result in an increase in the fair value of the equity conversion feature of preferred stock.

The following tables summarize changes to the Company’s financial instruments carried at fair value and classified within Level 3 of the fair value hierarchy for the three and six months ended March 31, 2013 and April 1, 2012. This summary excludes any impact of amortization of VOBA and DAC. The gains and losses below may include changes in fair value due in part to observable inputs that are a component of the valuation methodology.



	Three months ended March 31, 2013
	Balance at Beginning of Period		Total Gains (Losses)												Net transfer In (Out) of Level 3 (a)			Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales		Settlements			Net transfer In (Out) of Level 3 (a)			Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	41.0	$	—		$	—	$	—	$	—	$	—		$	—		$	41.0
Fixed maturity securities available-for-sale:
Asset-backed securities	5.3		—			—		—		—		—			—			5.3
Commercial mortgage-backed securities	6.1		—			0.1		—		—		—			—			6.2
Corporates	256.1		(0.1		)	3.2		144.2		—		(13.0		)	(33.9		)	356.5
Hybrids	5.0		—			—		—		—		—			(5.0		)	—
Equity securities available-for-sale	—		—			—		10.0		—		—			—			10.0
Total assets at fair value	$	313.5	$	(0.1	)	$	3.3	$	154.2	$	—	$	(13.0	)	$	(38.9	)	$	419.0

Liabilities
FIA embedded derivatives, included in contractholder funds	$	1,517.0	$	122.6		$	—	$	—	$	—	$	—		$	—		$	1,639.6
Equity conversion feature of preferred stock	163.1		39.6			—		—		—		—			—			202.7
Total liabilities at fair value	$	1,680.1	$	162.2		$	—	$	—	$	—	$	—		$	—		$	1,842.3



	Six months ended March 31, 2013
	Balance at Beginning of Period		Total Gains (Losses)														Net transfer In (Out) of Level 3 (a)			Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI			Purchases		Sales			Settlements			Net transfer In (Out) of Level 3 (a)			Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	41.0	$	—		$	—		$	—	$	—		$	—		$	—		$	41.0
Fixed maturity securities available-for-sale:
Asset-backed securities	15.9		—			(0.1		)	—		—			—			(10.5		)	5.3
Commercial mortgage-backed securities	5.0		—			0.2			1.0		—			—			—			6.2
Corporates	135.3		(0.3		)	1.2			277.4		(9.6		)	(13.7		)	(33.8		)	356.5
Hybrids	8.8		—			(0.1		)	—		—			—			(8.7		)	—
Equity securities available-for-sale	—		—			—			10.0		—			—			—			10.0
Total assets at fair value	$	206.0	$	(0.3	)	$	1.2		$	288.4	$	(9.6	)	$	(13.7	)	$	(53.0	)	$	419.0

Liabilities
FIA embedded derivatives, included in contractholder funds	$	1,550.8	$	88.8		$	—		$	—	$	—		$	—		$	—		$	1,639.6
Equity conversion feature of preferred stock	232.0		(29.3		)	—			—		—			—			—			202.7
Total liabilities at fair value	$	1,782.8	$	59.5		$	—		$	—	$	—		$	—		$	—		$	1,842.3


(a)	The net transfers in and out of Level 3 during the three and six months ended March 31, 2013 were exclusively to or from Level 2.



	Three months ended April 1, 2012
	Balance at Beginning of Period		Total Gains (Losses)													Net transfer In (Out) of Level 3 (a)			Balance at End of Period
	Balance at Beginning of Period		Included in Earnings		Included in AOCI			Purchases		Sales			Settlements			Net transfer In (Out) of Level 3 (a)			Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	—	$	41.0	$	—		$	—	$	—		$	—		$	—		$	41.0
Fixed maturity securities available-for-sale:
Asset-backed securities	400.7		—		10.7			93.6		—			(12.8		)	10.8			503.0
Corporates	138.5		0.1		(1.4		)	1.3		(9.7		)	(8.8		)	0.1			120.1
Hybrids	5.1		—		—			—		—			—			—			5.1
Municipals	0.1		—		0.1			10.2		—			—			—			10.4
Agency residential mortgage-backed securities	3.3		—		—			—		—			—			—			3.3
Non-agency residential mortgage-backed securities	3.7		—		(0.1		)	—		—			(0.1		)	(2.3		)	1.2
Total assets at fair value	$	551.4	$	41.1	$	9.3		$	105.1	$	(9.7	)	$	(21.7	)	$	8.6		$	684.1

Liabilities
FIA embedded derivatives, included in contractholder funds	$	1,455.0	$	41.7	$	—		$	—	$	—		$	—		$	—		$	1,496.7
Equity conversion feature of preferred stock	47.5		26.4		—			—		—			—			—			73.9
Available-for-sale embedded derivatives	0.4		—		—			—		—			—			—			0.4
Total liabilities at fair value	$	1,502.9	$	68.1	$	—		$	—	$	—		$	—		$	—		$	1,571.0



	Six months ended April 1, 2012
	Balance at Beginning of Period		Total Gains (Losses)														Net transfer In (Out) of Level 3 (a)			Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI			Purchases		Sales			Settlements			Net transfer In (Out) of Level 3 (a)			Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	—	$	41.0		$	—		$	—	$	—		$	—		$	—		41.0
Fixed maturity securities available-for-sale:
Asset-backed securities	374.5		—			6.1			132.4		—			(20.8		)	10.8			503.0
Corporates	159.7		—			(2.3		)	1.3		(16.7		)	(11.6		)	(10.3		)	120.1
Hybrids	5.2		—			(0.1		)	—		—			—			—			5.1
Municipals	—		—			0.1			10.2		—			—			0.1			10.4
Agency residential mortgage-backed securities	3.3		—			—			—		—			—			—			3.3
Non-agency residential mortgage-backed securities	3.8		—			(0.1		)	—		—			(0.2		)	(2.3		)	1.2
Total assets at fair value	$	546.5	$	41.0		$	3.7		$	143.9	$	(16.7	)	$	(32.6	)	$	(1.7	)	$	684.1

Liabilities
FIA embedded derivatives, included in contractholder funds	$	1,396.3	$	100.4		$	—		$	—	$	—		$	—		$	—		$	1,496.7
Equity conversion feature of preferred stock	75.4		(1.5		)	—			—		—			—			—			73.9
Available-for-sale embedded derivatives	0.4		—			—			—		—			—			—			0.4
Total liabilities at fair value	$	1,472.1	$	98.9		$	—		$	—	$	—		$	—		$	—		$	1,571.0


(a)	The net transfers in and out of Level 3 during the three and six months ended April 1, 2012 was exclusively to or from Level 2.

FGL reviews the fair value hierarchy classifications each reporting period. Changes in the observability of the valuation attributes may result in a reclassification of certain financial assets or liabilities. Such reclassifications are reported as transfers in and out of Level 3, or between other levels, at the beginning fair value for the reporting period in which the changes occur. FGL transferred $79.3 U.S. Government securities from Level 1 into Level 2 for the three and six months ended March 31, 2013 reflecting the level of market activity in these instruments and there were no transfers between Level 1 and Level 2 for the three and six months ended April 1, 2012.

Primary market issuance and secondary market activity for certain asset-backed and hybrid securities during the three and six months ended March 31, 2013, as well corporate securities during the three and six months ended March 31, 2013, increased the market observable inputs used to establish fair values for similar securities. These factors, along with more consistent pricing from third-party sources, resulted in FGL’s conclusion that there is sufficient trading activity in similar instruments to support classifying these securities as Level 2 as of March 31, 2013. Accordingly, FGL’s assessment resulted in a transfer out of Level 3 of $38.9 and $53.0 related to corporate, hybrid and asset-backed securities during the three and six months ended March 31, 2013 and $2.3 and $12.6 related to corporate and non-agency residential mortgage-backed securities during the three and six months ended April 1, 2012, respectively. There were no net transfers into Level 3 during the three and six months ended March 31, 2013. There were net transfers of $10.9 into Level 3 during both the three and six months ended April 1, 2012.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 3, 10, 14, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

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-Name Statement of Financial Accounting Standard (FAS)

-Number 157

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-Publisher FASB

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+ Details

Goodwill and Intangibles, including DAC and VOBA

6 Months Ended

Mar. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangibles, including DAC and VOBA

A summary of the changes in the carrying amounts of goodwill and intangible assets, including FGL’s deferred acquisition costs ("DAC") and value of business acquired ("VOBA") balances, are as follows:



				Intangible Assets
	Goodwill			Indefinite Lived			Definite Lived			VOBA			DAC			Total
Balance at Balance at September 30, 2012	$	694.2		$	841.1		$	873.9		$	104.3		$	169.2		$	1,988.5
Acquisitions (Note 3)	748.0			330.0			172.8			—			—			502.8
Deferrals	—			—			—			—			71.5			71.5
Less: Components of amortization -
Periodic amortization	—			—			(37.2		)	(108.2		)	(32.2		)	(177.6		)
Interest	—			—			—			10.6			5.3			15.9
Unlocking	—			—			—			21.9			4.2			26.1
Reclassifications	—			—			—			—			—			—
Adjustment for unrealized investment (gains), net	—			—			—			61.8			(11.6		)	50.2
Effect of translation	(8.2		)	(6.5		)	(3.4		)	—			—			(9.9		)
Balance at Balance at March 31, 2013	$	1,434.0		$	1,164.6		$	1,006.1		$	90.4		$	206.4		$	2,467.5

Intangible assets are recorded at cost or at fair value if acquired in a purchase business combination. Definite lived intangible assets include customer relationships, proprietary technology intangibles and certain trade names that are amortized using the straight-line method over their estimated useful lives of ranging from one to twenty years.

Goodwill and indefinite lived trade name intangibles are not amortized and are tested for impairment at least annually at the Company's August financial period end, or more frequently if an event or circumstance indicates that an impairment loss may have been incurred between annual impairment tests.

Amortization of DAC and VOBA is based on the amount of gross margins or profits recognized, including investment gains and losses. The adjustment for unrealized net investment gains represents the amount of DAC and VOBA that would have been amortized if such unrealized gains and losses had been recognized. This is referred to as the "shadow adjustments" as the additional amortization is reflected in other comprehensive income rather than the statement of operations. As of March 31, 2013 and September 30, 2012, the VOBA balance included cumulative adjustments for net unrealized investment gains of $277.6 and $339.4, respectively, and the DAC balances included cumulative adjustments for net unrealized investment gains of $62.3 and $50.7, respectively. Amortization of VOBA and DAC for the three months ended March 31, 2013 and April 1, 2012 was $16.8 and $41.0, and $12.1 and $2.0 respectively. Amortization of VOBA and DAC for the six months ended March 31, 2013 and April 1, 2012 was $75.7 and $77.5, and $22.7 and $7.6, respectively.

The above DAC balances include $13.3 and $9.1 of deferred sales inducements ("DSI"), net of shadow adjustments, as of March 31, 2013 and September 30, 2012, respectively.

Definite lived intangible assets are summarized as follows:



	March 31, 2013						September 30, 2012
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net		Amortizable Life
Customer relationships	$	864.6	$	136.5	$	728.1	$	796.2	$	113.0	$	683.2	15 to 20 years
Trade names	170.5		36.9		133.6		150.8		28.3		122.5		1 to 12 years
Technology assets	174.7		30.3		144.4		91.0		22.8		68.2		4 to 17 years
	$	1,209.8	$	203.7	$	1,006.1	$	1,038.0	$	164.1	$	873.9

Amortization expense for definite lived intangible assets is as follows:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Customer relationships	$	11.3	$	10.3	$	21.7	$	19.9
Trade names	4.3		3.1		7.9		6.2
Technology assets	4.5		2.4		7.6		4.3
	$	20.1	$	15.8	$	37.2	$	30.4

The Company estimates annual amortization expense of amortizable intangible assets for the next five fiscal years will approximate $78.5 per year.

The weighted average amortization period for VOBA and DAC are approximately 5.2 and 6.1 years, respectively. Estimated amortization expense for VOBA and DAC in future fiscal periods is as follows:



	Estimated Amortization Expense
Fiscal Year	VOBA		DAC
2013	$	20.6	$	6.5
2014	49.7		17.7
2015	45.6		18.6
2016	41.7		17.9
2017	35.1		16.9
Thereafter	175.3		191.1

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References+ Details

Debt

6 Months Ended

Mar. 31, 2013

Debt Disclosure [Abstract]

Debt

The Company’s consolidated debt consists of the following:



	March 31, 2013					September 30, 2012
	Amount			Rate		Amount		Rate
HGI:
7.875% Senior Secured Notes, due July 15, 2019	$	700.0		7.875	%	$	—	—
10.625% Senior Secured Notes, due November 15, 2015	—			—		500.0		10.625	%
Spectrum Brands:
Term loan, due December 17, 2019	795.0			4.6	%	—		—
Former term loan facility	—			—		370.2		5.1	%
9.5% Senior Secured Notes, due June 15, 2018	950.0			9.5	%	950.0		9.5	%
6.75% Senior Notes, due March 15, 2020	300.0			6.75	%	300.0		6.75	%
6.375% Senior Notes, due November 15, 2020	520.0			6.375	%	—		—
6.625% Senior Notes, due November 15, 2022	570.0			6.625	%	—		—
ABL Facility, expiring May 24, 2017	76.5			2.8	%	—		4.3	%
Other notes and obligations	21.9			10.6	%	18.1		10.9	%
Capitalized lease obligations	29.7			6.3	%	26.7		6.2	%
FGL
6.375% Senior Notes, due April 1, 2021	300.0			6.375	%	—		—
EXCO/HGI Production Partners
EXCO/HGI Partnership Credit Agreement, due February 14, 2018	278.6			2.7	%	—		—
Salus
Unaffiliated long-term debt of consolidated variable-interest entity	63.5			5.80	%	—		—
Total	4,605.2					2,165.0
Original issuance (discounts) premiums on debt, net	(8.5		)			2.0
Total debt	4,596.7					2,167.0
Less current maturities	29.5					16.4
Non-current portion of debt	$	4,567.2				$	2,150.6

HGI

In December 2012, the Company issued the 7.875% Notes and used part of the proceeds of the offering to accept for purchase $498.0 aggregate principal amount of its 10.625% Notes pursuant to a tender offer for the 10.625% Notes. Additionally, the Company deposited sufficient funds in trust with the trustee under the indenture governing the 10.625% Notes in satisfaction and discharge of the remaining $2.0 aggregate principal amount of the 10.625% Notes (the "Satisfaction and Discharge").

The remaining 10.625% Notes were redeemed by the trustee on January 23, 2013. In connection with the Tender Offer and Satisfaction and Discharge, HGI recorded $58.9 of charges to "Interest Expense" in the Condensed Consolidated Statements of Operations for the six months ended March 31, 2013, consisting of $45.7 cash charges for fees and expenses related to the Tender Offer, $0.2 cash charges related to the Satisfaction and Discharge and $13.0 of non-cash charges for the write down of debt issuance costs and net unamortized discount.

The 7.875% Notes were sold only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain persons in offshore transactions in reliance on Regulation S, under the Securities Act. The 7.875% Notes were issued at an aggregate price equal to 99.36% of the principal amount thereof, with a net original issue discount of $4.5. Interest on the 7.875% Notes is payable semi-annually, through July 15, 2019, but if the Company’s Preferred Stock has not been redeemed, repurchased or otherwise retired prior to May 13, 2018; then the 7.875% Notes will mature on May 13, 2018. The 7.875% Notes are collateralized with a first priority lien on substantially all of the assets directly held by HGI, including stock in HGI’s direct subsidiaries (with the exception of Zap.Com Corporation, but including Spectrum Brands, Harbinger F&G, LLC ("HFG") and HGI Funding LLC) and the HGI’s directly held cash and investment securities.

In connection with the 7.875% Note offering the Company recorded $20.0 of fees during the six months ended March 31, 2013. These fees are classified as "Other assets" in the accompanying Condensed Consolidated Balance Sheets as of March 31, 2013, and are being amortized to interest expense utilizing the effective interest method over the term of the 7.875% Notes.

The Company has the option to redeem the 7.875% Notes prior to January 15, 2016 at a redemption price equal to 100% of the principal amount plus a make-whole premium and accrued and unpaid interest, if any, to the date of redemption. At any time on or after January 15, 2016, the Company may redeem some or all of the 7.875% Notes at certain fixed redemption prices expressed as percentages of the principal amount, plus accrued and unpaid interest. At any time prior to January 15, 2016, the Company may redeem up to 35% of the original aggregate principal amount of the 7.875% Notes with net cash proceeds received by us from certain equity offerings at a price equal to 107.875% of the principal amount of the 7.875% Notes redeemed, plus accrued and unpaid interest, if any, to the date of redemption, provided that redemption occurs within 90 days of the closing date of such equity offering, and at least 65% of the aggregate principal amount of the 7.875% Notes remains outstanding immediately thereafter.

The Indenture governing the 7.875% Notes contains covenants limiting, among other things, and subject to certain qualifications and exceptions, the Company’s ability, and, in certain cases, the ability of the Company’s subsidiaries, to incur additional indebtedness; create liens; engage in sale-leaseback transactions; pay dividends or make distributions in respect of capital stock; make certain restricted payments; sell assets; engage in transactions with affiliates; or consolidate or merge with, or sell substantially all of the Company’s assets to, another person. The Company is also required to maintain compliance with certain financial tests, including minimum liquidity and collateral coverage ratios that are based on the fair market value of the collateral, including the Company’s equity interests in Spectrum Brands and its other subsidiaries such as HFG and HGI Funding LLC. At March 31, 2013, the Company was in compliance with all covenants under the indenture governing the 7.875% Notes.

Spectrum Brands

Term Loan

In December 2012, Spectrum Brands entered into the Term Loan which matures on December 17, 2019, and provides borrowings in an aggregate principal amount of $800.0, with $100.0 in Canadian dollar equivalents in connection with the acquisition of the HHI Business from Stanley Black & Decker. A portion of the Term Loan proceeds were used to refinance the former term loan facility, which was scheduled to mature on June 17, 2016, and had an aggregate amount outstanding of $370.2 prior to refinancing. In connection with the refinancing, Spectrum Brands recorded accelerated amortization of portions of the unamortized discount and unamortized debt issuance costs related to the former term loan facility totaling $5.5 as an adjustment to interest expense during the six months ended March 31, 2013.

The Term Loan contains financial covenants with respect to debt, including, but not limited to, a fixed charge ratio. In addition, the Term Loan contains customary restrictive covenants, including, but not limited to, restrictions on Spectrum Brands' ability to incur additional indebtedness, create liens, make investments or specified payments, give guarantees, pay dividends, make capital expenditures and merge or acquire or sell assets. Pursuant to a guarantee and collateral agreement, Spectrum Brands, its domestic subsidiaries and its Canadian subsidiaries have guaranteed their respective obligations under the Term Loan and related loan documents and have pledged substantially all of their respective assets to secure such obligations. The Term Loan also provides for customary events of default, including payment defaults and cross-defaults on other material indebtedness.

In connection with the issuance of the Term Loan, the Company recorded $0.4 and $19.1 of fees during the three and six months ended March 31, 2013, respectively, of which $16.7, respectively, is classified as Debt issuance costs within "Other assets" in the accompanying Condensed Consolidated Balance Sheets and is being amortized as an adjustment to interest expense over the remaining life of the Term Loan with the remainder of $2.4 reflected as an increase to interest expense during the six months ended March 31, 2013, respectively.

6.375% Notes and 6.625% Notes

In December 2012, in connection with the Hardware Acquisition, Spectrum Brands assumed $520.0 aggregate principal amount of the 6.375% Notes, and $570.0 aggregate principal amount of the 6.625% Notes, previously issued by Spectrum Brands Escrow Corporation. The 6.375% Notes and the 6.625% Notes are unsecured and guaranteed by Spectrum Brands' parent company, SB/RH Holdings, LLC, as well as by existing and future domestic restricted subsidiaries.

Spectrum Brands may redeem all or part of the 6.375% Notes and the 6.625% Notes, upon not less than 30 or more than 60 days notice, at specified redemption prices. Further, the indenture governing the 6.375% Notes and the 6.625% Notes (together, the "2020/22 Indenture"), requires Spectrum Brands to make an offer, in cash, to repurchase all or a portion of the applicable outstanding 6.375% Notes and 6.625% Notes for a specified redemption price, including a redemption premium, upon the occurrence of a change of control of Spectrum Brands, as defined in such indenture.

The 2020/22 Indenture contains customary covenants that limit, among other things, the incurrence of additional indebtedness, payment of dividends on or redemption or repurchase of equity interests, the making of certain investments, expansion into unrelated businesses, creation of liens on assets, merger or consolidation with another company, transfer or sale of all or substantially all assets, and transactions with affiliates.

In addition, the 2020/22 Indenture provides for customary events of default, including failure to make required payments, failure to comply with certain agreements or covenants, failure to make payments when due or on acceleration of certain other indebtedness, and certain events of bankruptcy and insolvency. Events of default under the 2020/22 Indenture arising from certain events of bankruptcy or insolvency will automatically cause the acceleration of the amounts due under the 6.375% Notes and the 6.625% Notes. If any other event of default under the 2020/22 Indenture occurs and is continuing, the trustee for the 2020/22 Indenture or the registered holders of at least 25% in the then aggregate outstanding principal amount of the 6.375% Notes, or the 6.625% Notes, may declare the acceleration of the amounts due under those notes.

The Company recorded $0.1 and $12.9 of fees in connection with the offering of the 6.375% Notes during the three and six month period ended March 31, 2013, respectively, and $0.1 and $14.1 of fees in connection with the offering of the 6.625% Notes during the three and six months ended March 31, 2013, respectively. The fees are classified as "Other assets" in the accompanying Condensed Consolidated Balance Sheets as of March 31, 2013 and are being amortized as an adjustment to interest expense over the respective remaining lives of the 6.375% Notes and the 6.625% Notes.

ABL Facility

In December 2012, Spectrum Brands exercised its option to increase its asset based lending revolving credit facility (the "ABL Facility") from $300.0 to $400.0 and extend the maturity to May 24, 2017. In connection with the increase and extension, the Company incurred $0.3 of fees during the six months ended March 31, 2013, respectively. The fees are classified as "Other assets" in the accompanying Condensed Consolidated Balance Sheets as of March 31, 2013 and are being amortized as an adjustment to interest expense over the remaining life of the ABL Facility.

As a result of borrowings and payments under the ABL Facility, at March 31, 2013, Spectrum Brands had aggregate borrowing availability of approximately $238.4, net of lender reserves of $8.7 and outstanding letters of credit of $26.3.

FGL

In March 2013, FGL issued $300.0 aggregate principal amount of its 6.375% senior notes due April 1, 2021, at par value. Interest is payable semi-annually on April 1 and October 1 of each year, commencing on October 1, 2013. FGL used a portion of the net proceeds from the issuance to pay a dividend to HGI and expects to use the remainder for general corporate purposes, to support the growth of its subsidiary life insurance company.

In connection with the offering, FGL capitalized $10.2 of debt issuance costs during the three and six months ended March 31, 2013. The fees are classified as "Other assets" in the accompanying Condensed Consolidated Balance Sheets as of March 31, 2013 and are being amortized to interest expense utilizing the effective interest method over the term of the debt.

EXCO/HGI Production Partners

In connection with its formation, the EXCO/HGI Partnership entered into the EXCO/HGI Partnership Credit Agreement which had an initial borrowing base of $400.0. Borrowings under the EXCO/HGI Partnership Credit Agreement are secured by properties contributed to the EXCO/HGI Partnership. As of March 31, 2013, $374.0 was drawn under this agreement and HGI's proportionate share of the obligation was $278.6. The interest rate grid ranges from London Interbank Offered Rate ("LIBOR") plus 175 bps to 275 bps (or Alternate Base Rate ("ABR") plus 75 bps to 175 bps), depending on the percentages of drawn balances to the borrowing base as defined in the agreement. The borrowing base is redetermined semi-annually, with us and the lenders having the right to request interim unscheduled redeterminations in certain circumstances. The EXCO/HGI Partnership entered into the First Amendment to the EXCO/HGI Partnership Credit Agreement on March 5, 2013, which increased the borrowing base to $470.0 as a result of the acquisition of the shallow Cotton Valley assets from an affiliate of BG Group. The EXCO/HGI Partnership Credit Agreement matures on February 14, 2018.

Borrowings under the EXCO/HGI Partnership Credit Agreement are collateralized by first lien mortgages providing a security interest of not less than 80% of the Engineered Value, as defined in the EXCO/HGI Partnership Credit Agreement, of the oil and natural gas properties evaluated by the lenders for purposes of establishing the borrowing base. Pursuant to the agreement, within 60 days of formation of the EXCO/HGI Partnership, the partnership is required to enter into derivative financial instruments covering not less than 75% of its forecasted proved producing natural gas production for 2013 and 50% of such forecasted production for 2014. For future years, the EXCO/HGI Partnership is permitted to have derivative financial instruments covering no more than 100% of the forecasted production from proved developed producing reserves (as defined in the agreement) for any month during the first two years of the forthcoming five year period, 90% of the forecasted production from proved developed producing reserves for any month during the third year of the forthcoming five year period and 85% of the forecasted production from proved developed producing reserves for any month during the fourth and fifth year of the forthcoming five year period.

The financial covenants contained in the EXCO/HGI Partnership Credit Agreement require that the EXCO/HGI Partnership:


•	maintain a consolidated current ratio (as defined in the agreement of at least 1.0 to 1.0 as of the end of any fiscal quarter; and


•	not permit the EXCO/HGI Partnership's ratio of consolidated funded indebtedness (as defined in the agreement) to consolidated EBITDAX (as defined in the agreement) to be greater than 4.5 to 1.0 at the end of any fiscal quarter.

As of March 31, 2013, the EXCO/HGI Partnership was in compliance with these covenants.

Salus

Long-term debt of the consolidated VIE include the unaffiliated obligations of a CLO VIE of $63.5. In February 2013, Salus completed a CLO securitization with a notional aggregate principal amount of $175.5 of the asset-backed loan receivables that it had originated through that date, of which $63.5 was taken up by unaffiliated entities. The obligations of the securitization is secured by the assets of the VIE, primarily asset-backed loan receivables, and carry a variable interest rate ranging from LIBOR plus 2.5% to LIBOR plus 10.5%. See Note 15, Other Required Disclosures, for additional information with respect to the securitization.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details

Defined Benefit Plans

6 Months Ended

Mar. 31, 2013

Compensation and Retirement Disclosure [Abstract]

Defined Benefit Plans

HGI

HGI has a noncontributory defined benefit pension plan (the "HGI Pension Plan") covering certain former U.S. employees. During 2006, the HGI Pension Plan was frozen which caused all existing participants to become fully vested in their benefits.

Additionally, HGI has an unfunded supplemental pension plan (the "Supplemental Plan") which provides supplemental retirement payments to certain former senior executives of HGI. The amounts of such payments equal the difference between the amounts received under the HGI Pension Plan and the amounts that would otherwise be received if HGI Pension Plan payments were not reduced as the result of the limitations upon compensation and benefits imposed by Federal law. Effective December 1994, the Supplemental Plan was frozen.

Spectrum Brands

Spectrum Brands has various defined benefit pension plans (the "Spectrum Brands Pension Plans") covering some of its employees in the United States and certain employees in other countries, primarily the United Kingdom, the Netherlands, Germany, Guatemala, Brazil and Mexico. The Spectrum Brands Pension Plans generally provide benefits of stated amounts for each year of service.

Spectrum Brands funds its U.S. pension plans in accordance with the Internal Revenue Service defined guidelines and, where applicable, in amounts sufficient to satisfy the minimum funding requirements of applicable laws. Additionally, in compliance with Spectrum Brands’ funding policy, annual contributions to non-U.S. defined benefit plans are equal to the actuarial recommendations or statutory requirements in the respective countries.

Spectrum Brands also provides post-retirement life insurance and medical benefits to certain retirees under two separate contributory plans.

Consolidated

The components of consolidated net periodic benefit and deferred compensation benefit costs and contributions made are as follows:



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Service cost	$	0.9		$	0.7		$	1.7		$	1.3
Interest cost	2.7			2.7			5.3			4.9
Expected return on assets	(2.4		)	(2.3		)	(4.9		)	(3.8		)
Recognized net actuarial loss	0.6			0.3			1.1			0.3
Employee contributions	(0.1		)	(0.1		)	(0.1		)	(0.1		)
Net periodic benefit expense	$	1.7		$	1.3		$	3.1		$	2.6
Contributions made during period	$	1.2		$	1.7		$	1.9		$	2.6

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5, 6, 7, 8

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Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

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-Number 158

-Paragraph 7, 21, 22

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-Publisher FASB

-Name Implementation Guide (Q and A)

-Number FAS88

-Paragraph 63

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-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 03-2

-Paragraph 8

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

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-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

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-Number 132R

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-Number 132R

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-Name FASB Staff Position (FSP)

-Number FAS106-2

-Paragraph 20, 21, 22

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-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 30

-Paragraph 26

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 8

-Subparagraph m

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-URI http://asc.fasb.org/topic&trid=2235017

+ Details

Reinsurance

6 Months Ended

Mar. 31, 2013

Reinsurance Disclosures [Abstract]

Reinsurance

FGL reinsures portions of its policy risks with other insurance companies. The use of reinsurance does not discharge an insurer from liability on the insurance ceded. The insurer is required to pay in full the amount of its insurance liability regardless of whether it is entitled to or able to receive payment from the reinsurer. The portion of risks exceeding FGL’s retention limit is reinsured with other insurers. FGL seeks reinsurance coverage in order to limit its exposure to mortality losses and enhance capital management. FGL follows reinsurance accounting when there is adequate risk transfer. Otherwise, the deposit method of accounting is followed. FGL also assumes policy risks from other insurance companies.

The effect of reinsurance on premiums earned, benefits incurred and reserve changes were as follows:



	Three months ended												Six months ended
	March 31, 2013						April 1, 2012						March 31, 2013						April 1, 2012
	Insurance Premiums			Benefits and Other Changes in Insurance Policy Reserves			Insurance Premiums			Benefits and Other Changes in Insurance Policy Reserves			Insurance Premiums			Benefits and Other Changes in Insurance Policy Reserves			Insurance Premiums			Benefits and Other Changes in Insurance Policy Reserves
Direct	$	70.0		$	289.3		$	75.0		$	287.1		$	142.4		$	428.9		$	151.2		$	524.8
Assumed	3.3			1.0			12.1			9.5			15.4			7.5			24.3			18.0
Ceded	(59.2		)	(49.4		)	(73.8		)	(54.8		)	(129.9		)	(111.9		)	(145.4		)	(124.1		)
Net	$	14.1		$	240.9		$	13.3		$	241.8		$	27.9		$	324.5		$	30.1		$	418.7

Amounts payable or recoverable for reinsurance on paid and unpaid claims are not subject to periodic or maximum limits. During the three and six months ended March 31, 2013 and April 1, 2012, FGL did not write off any reinsurance balances nor did it commute any ceded reinsurance. As discussed below under "Wilton Agreement," FGL monitors the risk of default by reinsurers.

No policies issued by FGL have been reinsured with any foreign company, which is controlled, either directly or indirectly, by a party not primarily engaged in the business of insurance.

FGL has not entered into any reinsurance agreements in which the reinsurer may unilaterally cancel any reinsurance for reasons other than non-payment of premiums or other similar credit issues.

FGL had the following significant reinsurance agreements during the six months ended March 31, 2013 and April 1, 2012 as described below.

Wilton Agreement

On January 26, 2011, HFG entered into a commitment agreement (the "Commitment Agreement") with Wilton Re U.S. Holdings, Inc. ("Wilton") committing Wilton Re, a wholly-owned subsidiary of Wilton and a Minnesota insurance company, to enter into one of two amendments to an existing reinsurance agreement with Fidelity & Guaranty Life Insurance Company ("FGL Insurance").

On April 8, 2011, FGL Insurance ceded significantly all of the remaining life insurance business that it had retained to Wilton Re under the first of the two amendments with Wilton. FGL Insurance transferred assets with a fair value of $535.8, net of ceding commission, to Wilton Re. The Company considered the effects of the first amendment in the opening balance sheet and purchase price allocation as of April 6, 2011, the effective date of the Company’s acquisition of FGL from OM Group (UK) Limited ("OMGUK") (the "FGL Acquisition"). Effective April 26, 2011, HFG elected the second of the two amendments under the Commitment Agreement (the "Raven Springing Amendment"), which committed FGL Insurance to cede to Wilton Re all of the business (the "Raven Block") then reinsured with Raven Reinsurance Company ("Raven Re"), a wholly-owned subsidiary of FGL, on or before December 31, 2012. On September 9, 2011, FGL Insurance and Wilton Re executed an amended and restated Raven Springing Amendment whereby the recapture of the business ceded to Raven Re by FGL Insurance and the re-cession to Wilton Re closed on October 17, 2011 with an effective date of October 1, 2011. In connection with the closing, FGL Insurance transferred assets with a fair value of $580.7, including ceding commission, to Wilton Re.

In September 2012, Wilton Re and FGL Insurance reached a final agreement on the initial settlements associated with the reinsurance transactions FGL Insurance entered into subsequent to the FGL Acquisition. The final settlement amounts did not result in any material adjustments to the amounts reflected in the financial statements. FGL Insurance recognized a net pre-tax gain of $18.0 on these reinsurance transaction which has been deferred and is being amortized over the remaining life of the underlying reinsured contracts.

Commissioners Annuity Reserve Valuation Method Facility ("CARVM")

Effective October 1, 2012, FGL Insurance recaptured the CARVM reinsurance agreement from Old Mutual Reassurance (Ireland) Ltd., an affiliate of OM Group ("OM Re") and simultaneously ceded the business to Raven Re. The recapture of the OM Re CARVM reinsurance agreement satisfied FGL’s obligation under the F&G Stock Purchase Agreement to replace the letter of credit provided by Old Mutual no later than December 31, 2015. In connection with the new CARVM reinsurance agreement, FGL and Raven Re entered into an agreement with Nomura Bank International plc ("Nomura") to establish a $295.0 reserve financing facility in the form of a letter of credit issued by Nomura and Nomura charged an upfront structuring fee in the amount of $2.8. The reserve financing liability is set to be reduced by $6.3 each quarter subsequent to establishment. The structuring fee was paid by FGL Insurance and will be deferred and amortized over the expected life of the facility. As this letter of credit is provided by an unaffiliated financial institution, Raven Re is permitted to carry the letter of credit as an admitted asset on the Raven Re statutory balance sheet.

Front Street

On December 31, 2012, FGL entered into a Reinsurance Agreement with Front Street Cayman, also an indirect subsidiary of the Company. Pursuant to the Reinsurance Agreement, Front Street Cayman has reinsured approximately 10%, or approximately $1,500.0 of FGL’s policy liabilities, on a funds withheld basis. In connection with the Reinsurance Agreement, Front Street Cayman, FGL and an indirect subsidiary of the Company, Five Island, entered into an investment management agreement, pursuant to which Five Island will manage the assets securing Front Street Cayman’s reinsurance obligations under the Reinsurance Agreement, which assets are held by FGL in a segregated account. The assets in the segregated account will be invested in accordance with FGL’s existing guidelines.

- Definition

The entire disclosure pertaining to the existence, magnitude and information about insurance that has been ceded to or assumed from another insurance company, including the methodologies and assumptions used in determining recorded amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 6

-Article 7

Reference 2: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-Name Statement of Position (SOP)

-Number 92-5

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+ Details

Stock Compensation

6 Months Ended

Mar. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Compensation

The Company recognized consolidated stock compensation expense as follows:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Stock compensation expense	$	15.7	$	7.3	$	22.2	$	11.8
Less:
Related tax benefit	0.2		—		0.5		—
Noncontrolling interest	4.9		2.9		6.3		4.9
Net	$	10.6	$	4.4	$	15.4	$	6.9

The amounts before taxes and non-controlling interest are principally included in "Selling, acquisition, operating and general expenses" in the accompanying Condensed Consolidated Statements of Operations.

A summary of stock options outstanding as of March 31, 2013 and related activity during the six months then ended, under HGI and FGL’s respective incentive plans are as follows (share amounts in thousands):



	HGI					FGL
Stock Option Awards	Options	Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Options		Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Stock options outstanding at September 30, 2012	2,285	$	4.96	$	1.77	201		$	38.20	$	3.90
Granted	1,528	8.52		3.53		194		49.45		3.85
Exercised	—	—		—		(15	)	38.14		3.90
Forfeited or expired	—	—		—		—		—		—
Stock options outstanding at March 31, 2013	3,813	6.38		2.47		380		43.34		3.88
Stock options vested and exercisable at March 31, 2013	846	6.08		2.32		—		—		—
Stock options outstanding and expected to vest	2,966	6.47		2.52		330		43.34		3.88

A summary of restricted stock and restricted stock units outstanding as of March 31, 2013 and related activity during the six months then ended, under HGI, Spectrum Brands and FGL’s respective incentive plans are as follows (share amounts in thousands):



	HGI				Spectrum Brands
Restricted Stock Awards	Shares		Weighted Average Grant Date Fair Value		Shares	Weighted Average Grant Date Fair Value
Restricted stock outstanding at September 30, 2012	830		$	4.93	13	$	28.00
Granted	3,256		8.52		—	—
Vested	(633	)	8.23		—	—
Restricted stock outstanding at March 31, 2013	3,453		7.71		13	28.00
Restricted stock expected to vest	3,453		7.71		13	28.00



	HGI				Spectrum Brands				FGL
Restricted Stock Units	Units		Weighted Average Grant Date Fair Value		Units		Weighted Average Grant Date Fair Value		Units	Weighted Average Grant Date Fair Value
Restricted stock units outstanding at September 30, 2012	17		$	4.61	1,931		$	28.45	—	$	—
Granted	9		8.33		636		45.03		52	3.85
Vested	(17	)	4.61		(1,005	)	28.31		—	—
Forfeited	—		—		(266	)	28.99		—	—
Restricted stock units outstanding at March 31, 2013	9		—		1,296		36.58		52	3.85
Restricted stock units vested and exercisable at March 31, 2013	22		4.61		—		—		—	—
Restricted stock units expected to vest	9		8.33		1,296		36.58		41	3.85

HGI

HGI granted stock option awards representing approximately 30 thousand and 2,000 thousand shares during the three months ended March 31, 2013 and April 1, 2012, respectively. All of these grants are time based, and vests either immediately, or over periods of 12 to 36 months. The total fair value of the stock option grants on their respective grant dates were approximately $0.1 and $3.5, respectively. HGI granted stock option awards representing approximately 1,528 thousand and 2,075 thousand shares during the six months ended March 31, 2013 and April 1, 2012, respectively. All of these grants are time based, and vests either immediately, or over periods of 12 to 36 months. The total fair value of the stock option grants on their respective grant dates were approximately $5.4 and $3.6, respectively.

HGI granted restricted stock awards representing approximately 29 thousand and 700 thousand shares during the three months ended March 31, 2013 and April 1, 2012, respectively. All of these grants are time based, and vests either immediately, or over periods of 7 to 36 months. The total fair value of the restricted stock grants on their respective grant dates were approximately $0.2 and $3.4, respectively. HGI granted restricted stock awards representing approximately 3,256 thousand and 768 thousand shares during the six months ended March 31, 2013 and April 1, 2012, respectively. All of these grants are time based, and vests either immediately, or over periods of 7 to 36 months. The total fair value of the restricted stock grants on their respective grant dates were approximately $27.7 and $3.7, respectively.

HGI granted restricted stock unit awards representing approximately 9 thousand and no shares, respectively, during the three months ended March 31, 2013 and April 1, 2012. All of these grants are time based, and vests either immediately, or over periods of 7 to 12 months. The total fair value of the restricted stock grants on their respective grant dates was approximately $0.1. HGI granted restricted stock unit awards representing approximately 9 thousand and 22 thousand shares, respectively, during the six months ended March 31, 2013 and April 1, 2012. All of these grants are time based, and vests either immediately, or over periods of 7 to 12 months. The total fair value of the restricted stock grants on their respective grant dates was approximately $0.1 and $0.1.

Under HGI’s executive bonus plan for Fiscal 2013, executives will be paid in cash, stock options and restricted stock shares. The equity grants will have a grant date in the first fiscal quarter of 2014 and the shares will vest between 12 and 36 months from the grant date.

As of March 31, 2013, there was approximately $19.4 of total unrecognized compensation costs related to unvested share-based compensation agreements, which is expected to be recognized over a weighted-average period of 2.49 years.

The fair values of restricted stock and restricted stock unit awards are determined based on the market price of HGI’s common stock on the grant date. The fair value of stock option awards is determined using the Black-Scholes option pricing model. The following assumptions were used in the determination of these grant date fair values using the Black-Scholes option pricing model:



	2013	2012
Risk-free interest rate	0.85%	1.19%
Assumed dividend yield	—%	—%
Expected option term	5.3 to 6.0 years	6.0 years
Volatility	42.8% to 44.0%	33.0%

The weighted-average remaining contractual term of outstanding stock option awards at March 31, 2013, was 9.20 years.

Spectrum Brands

Spectrum Brands granted restricted stock unit awards representing approximately 62 thousand and 636 thousand shares during the three and six months ended March 31, 2013. Of these 636 thousand grants, 22 thousand restricted stock units are time based and vest over a one year period. Of the remaining 614 thousand restricted stock unit grants, 90 thousand are performance based and vest over a one year period, and 524 thousand are performance and time-based and vest over a two year period. The total fair value of the restricted stock units on the dates of the grants was approximately $28.6.

Spectrum Brands granted restricted stock unit awards representing approximately 13 thousand and 717 thousand shares during the three and six months ended April 1, 2012. Of these 717 thousand grants, 18 thousand restricted stock units are time-based and vest over a one year period. The remaining 699 thousand restricted stock unit grants are performance and time-based and vest over a two year period. The total market value of the restricted stock units on the dates of the grants was approximately $19.3.

The fair values of restricted stock awards and restricted stock units are determined based on the market price of Spectrum Brands’ common stock on the grant date.

FGL

On November 2, 2011, FGL’s compensation committee (on behalf of its board of directors) approved a long-term stock-based incentive plan that permits the grant of options to purchase shares of FGL common stock to key employees of FGL. On November 2, 2011, FGL’s compensation committee also approved a dividend equivalent plan that permits holders of these options the right to receive a payment in cash in an amount equal to the ordinary dividends declared and paid or debt service payments to HGI by FGL in each calendar year, divided by the total number of FGL common shares outstanding, starting in the year in which the dividend equivalent is granted through the year immediately prior to the year in which the dividend equivalent vests with respect to a participant’s option shares. As of March 31, 2013, FGL determined that it was probable that the dividend equivalent will vest and recorded a provision of $0.9 for the ratable recognition of such projected liability over the option vesting period.

FGL granted stock option awards and restricted stock units representing approximately 194 thousand and 52 thousand shares during the three and six months ended March 31, 2013. These stock options and restricted shares vest over a period of 3 years and expire on the seventh anniversary of the grant date. The total fair value of the option grant and restricted stock unit grant on the grant date was $0.6 and $2.0, respectively.

FGL granted stock option awards representing approximately 205 thousand shares during the three and six months ended April 1, 2012. These stock options vest over a period of 3 years and expire on the seventh anniversary of the grant. The total fair value of the grants on their grant dates was approximately $0.6. On December 31, 2012, FGL elected an alternate settlement for the vested portion of the 2012 share options awards. FGL selected a cash settlement of the vested option awards, which reclassified the plan from an equity plan to a liability plan. FGL recognized additional expense, of approximately $0.6, for the difference between the cash settlement amount and the compensation expense previously recognized. FGL revalued the remaining unvested option awards to fair value and recorded $0.1 compensation expense.

The total compensation cost related to non-vested options and restricted stock units not yet recognized as of March 31, 2013 totaled $3.5 and will be recognized over a weighted-average period of 2.41 years. The weighted-average remaining contractual term of outstanding stock option awards at March 31, 2013, was 2.02 years.

The fair value of stock option awards is determined using the Black-Scholes option pricing model. The following assumptions were used in the determination of these grant date fair values using the Black-Scholes option pricing model:



	2013	2012
Risk-free interest rate	0.8%	0.8%
Assumed dividend yield	8%	10%
Expected option term	4.5	4.5
Volatility	27%	35%

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64, 65, A240

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Name Accounting Standards Codification

-Topic 718

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Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 93-6

-Paragraph 53

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Income Taxes	6 Months Ended
Income Taxes	Mar. 31, 2013
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three and six months ended March 31, 2013, the Company's effective tax rates of 425.8% and 88.1%, respectively, were higher than the United States Federal statutory rate of 35% primarily as a result of: pretax losses in the United States and some foreign jurisdictions for which the Company concluded that the tax benefits are not more-likely-than-not realizable, deferred income tax expense due to changes in the tax bases of indefinite lived intangibles that are amortized for tax purposes, but not for book purposes, and tax expense on income in certain other foreign jurisdictions that will not be creditable in the United States. Partially offsetting these factors in the six months ended March 31, 2013 was the release of U.S. valuation allowances of $49.3 on deferred tax assets that Spectrum Brands has determined are more-likely-than-not realizable as a result of a recent acquisition. Net operating loss ("NOL") and tax credit carryforwards of HGI and Spectrum Brands are subject to full valuation allowances and those of FGL are subject to partial valuation allowances, as the Company concluded all or a portion of the associated tax benefits are not more-likely-than-not realizable. Utilization of NOL and other tax credit carryforwards of HGI, Spectrum Brands and FGL are subject to limitations under Internal Revenue Code Sections 382 and 383. Such limitations result from ownership changes of more than 50 percentage points over a three-year period. For the three and six months ended April 1, 2012, the Company's effective tax rates of 101.2% and 55.5%, respectively, were higher than the United States Federal statutory rate of 35%, primarily as a result of: pretax losses in the United States and some foreign jurisdictions for which the Company concluded that the tax benefits are not more-likely-than-not realizable, deferred income tax expense due to changes in the tax bases of indefinite lived intangibles that are amortized for tax purposes, but not for book purposes, and tax expense on income in certain other foreign jurisdictions that will not be creditable in the United States. Partially offsetting these factors was: a $19.0 release by FGL in the three and six month periods of valuation allowances on deferred tax assets primarily as a result of revised projections in connection with the regulatory non-approval of a proposed reinsurance transaction, a $41.0 gain in the three and six month periods on a contingent purchase price reduction receivable for which no tax provision is necessary and a $13.9 release by Spectrum Brands in the six month period of valuation allowances on deferred tax assets as a result of an acquisition. The Company recognizes in its consolidated financial statements the impact of a tax position if it concludes that the position is more likely than not sustainable upon audit, based on the technical merits of the position. At March 31, 2013 and September 30, 2012, the Company had $9.5 and $5.9, respectively, of unrecognized tax benefits related to uncertain tax positions. The Company also had approximately $3.8 and $3.6, respectively, of accrued interest and penalties related to the uncertain tax positions at those dates. Interest and penalties related to uncertain tax positions are reported in the financial statements as part of income tax expense. As of March 31, 2013, certain of the Company’s legal entities in various jurisdictions are undergoing income tax audits. The Company cannot predict the ultimate outcome of the examinations; however, it is reasonably possible that during the next 12 months some portion of previously unrecognized tax benefits could be recognized.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

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-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

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-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 136, 172

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Earnings Per Share

6 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share

The Company follows the provisions of ASC Topic 260, Earnings Per Share, which requires companies with complex capital structures, such as having two (or more) classes of securities that participate in declared dividends to calculate earnings (loss) per share ("EPS") utilizing the two-class method. As the holders of the Preferred Stock are entitled to receive dividends with common stock on an as-converted basis, the Preferred Stock has the right to participate in undistributed earnings and must therefore be considered under the two-class method.

The following table sets forth the computation of basic and diluted EPS (share amounts in thousands):



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Net (loss) income attributable to common and participating preferred stockholders	$	(45.5	)	$	(3.9	)	$	16.5		$	19.9

Participating shares at end of period:
Common shares outstanding	139,724			139,349			139,724			139,349
Preferred shares (as-converted basis)	62,839			62,215			62,839			62,215
Total	202,563			201,564			202,563			201,564

Percentage of (loss) income allocated to:
Common shares	100.0		%	100.0		%	69.0		%	69.1		%
Preferred shares (a)	—		%	—		%	31.0		%	30.9		%

Net (loss) income attributable to common shares - basic	$	(45.5	)	$	(3.9	)	$	11.4		$	13.8

Dilutive adjustments to (loss) income attributable to common shares from assumed conversion of preferred shares, net of tax:
Income allocated to preferred shares in basic calculation	—			—			5.1			—
Reversal of preferred stock dividends and accretion	—			—			24.3			—
Reversal of income related to fair value of preferred stock conversion feature	—			—			(29.3		)	—
Net adjustment	—			—			0.1			—

Net (loss) income attributable to common shares - diluted	$	(45.5	)	$	(3.9	)	$	11.5		$	13.8

Weighted-average common shares outstanding - basic	139,724			139,346			139,604			139,346
Dilutive effect of preferred stock	—			—			62,839			—
Dilutive effect of unvested restricted stock and restricted stock units	—			—			1,856			—
Dilutive effect of stock options	—			—			592			—
Weighted-average shares outstanding - diluted	139,724			139,346			204,891			139,346

Net (loss) income per common share attributable to controlling interest:
Basic	$	(0.33	)	$	(0.03	)	$	0.08		$	0.10
Diluted	$	(0.33	)	$	(0.03	)	$	0.06		$	0.10


(a)	Losses are not allocated to the convertible participating preferred shares since they have no contractual obligation to share in such losses.

The number of shares of common stock outstanding used in calculating the weighted average thereof reflects the actual number of HGI common stock outstanding, excluding nonvested restricted stock.

For the three months ended March 31, 2013, there were 62,839 thousand potential common stock issuable upon the conversion of the Preferred Stock, 566 thousand potential common stock issuable upon the exercise of stock options and 1,403 thousand restricted stock and restricted stock units excluded from the calculation of "Diluted net loss (income) per common share attributable to controlling interest" because the as-converted effect of the Preferred Stock and stock options and the restricted stock would have been anti-dilutive in the applicable periods presented. The stock options had a weighted average exercise price of $6.38 per share. The Preferred Stock had a weighted average conversion price of $6.64.

The previously reported basic and diluted loss per common share attributable to controlling interest for the three months ended April 1, 2012 was retrospectively corrected to reflect no allocation of losses to the convertible preferred shares. This immaterial correction decreased basic and diluted loss per common share attributable to controlling interest to $(0.03) and $(0.03), respectively, as reported above, from $(0.02) and $(0.02), respectively, as previously reported.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Mar. 31, 2013
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company has aggregate reserves for its legal, environmental and regulatory matters of approximately $21.6 at March 31, 2013. These reserves relate primarily to the matters described below. However, based on currently available information, including legal defenses available to the Company, and given the aforementioned reserves and related insurance coverage, the Company does not believe that the outcome of these legal, environmental and regulatory matters will have a material effect on its financial position, results of operations or cash flows. Legal and Environmental Matters HGI HGI is a nominal defendant, and the members of its board of directors are named as defendants in a derivative action filed in December 2010 by Alan R. Kahn in the Delaware Court of Chancery. The plaintiff alleges that the Spectrum Brands acquisition was financially unfair to HGI and its public stockholders and seeks unspecified damages and the rescission of the transaction. The Company believes the allegations are without merit and intends to vigorously defend this matter. HGI is also involved in other litigation and claims incidental to its current and prior businesses. These include worker compensation and environmental matters and pending cases in Mississippi and Louisiana state courts and in a Federal multi-district litigation alleging injury from exposure to asbestos on offshore drilling rigs and shipping vessels formerly owned or operated by its offshore drilling and bulk-shipping affiliates. Based on currently available information, including legal defenses available to it, and given its reserves and related insurance coverage, the Company does not believe that the outcome of these legal and environmental matters will have a material effect on its financial position, results of operations or cash flows. Spectrum Brands Spectrum Brands has provided approximately $5.3 for the estimated costs associated with environmental remediation activities at some of its current and former manufacturing sites. Spectrum Brands believes that any additional liability which may result from resolution of these matters in excess of the amounts provided for will not have a material adverse effect on the financial condition, results of operations or cash flows of Spectrum Brands. Spectrum Brands is a defendant in various other matters of litigation generally arising out of the ordinary course of business. FGL FGL is involved in various pending or threatened legal proceedings, including purported class actions, arising in the ordinary course of business. In some instances, these proceedings include claims for unspecified or substantial punitive damages and similar types of relief in addition to amounts for alleged contractual liability or requests for equitable relief. In the opinion of FGL management and in light of existing insurance and other potential indemnification, reinsurance and established reserves, such litigation is not expected to have a material adverse effect on FGL’s financial position, although it is possible that the results of operations and cash flows could be materially affected by an unfavorable outcome in any one period. Regulatory Matters FGL FGL is assessed amounts by the state guaranty funds to cover losses to policyholders of insolvent or rehabilitated insurance companies. Those mandatory assessments may be partially recovered through a reduction in future premium taxes in certain states. At March 31, 2013, FGL has accrued $5.8 for guaranty fund assessments which is expected to be offset by estimated future premium tax deductions of $4.3. FGL has received inquiries from a number of state regulatory authorities regarding its use of the U.S. Social Security Administration’s Death Master File ("Death Master File") and compliance with state claims practices regulation. To date, FGL has received inquiries from authorities in Maryland, Minnesota and New York. The New York Insurance Department issued a letter and subsequent regulation requiring life insurers doing business in New York to use the Death Master File or similar databases to determine if benefits were payable under life insurance policies, annuities, and retained asset accounts. Legislation requiring insurance companies to use the Death Master File to identify potential claims has recently been enacted in FGL’s state of domicile (Maryland) and other states. As a result of these legislative and regulatory developments, in May 2012 FGL undertook an initiative to use the Death Master File and other publicly available databases to identify persons potentially entitled to benefits under life insurance policies, annuities and retained asset accounts. In July 2012, FGL incurred an $11.0 pre-tax charge, net of reinsurance, to increase reserves to cover potential benefits payable resulting from this ongoing effort. Based on its analysis to date and management’s estimate, FGL believes this accrual will cover the reasonably estimated liability arising out of these developments. In addition, FGL has received audit and examination notices from several state agencies responsible for escheatment and unclaimed property regulation in those states. FGL has established a contingency of $2.0, the mid-point of an estimated range of $1.0 to $3.0, related to the external legal costs and potential liabilities of said audits and examinations. Additional costs that cannot be reasonably estimated as of the date of this filing are possible as a result of ongoing regulatory developments and other future requirements related to this matter. Guarantees Throughout its history, the Company has entered into indemnifications in the ordinary course of business with customers, suppliers, service providers, business partners and, in certain instances, when it sold businesses. Additionally, the Company has indemnified its directors and officers who are, or were, serving at the request of the Company in such capacities. Although the specific terms or number of such arrangements is not precisely known due to the extensive history of past operations, costs incurred to settle claims related to these indemnifications have not been material to the Company’s financial statements. The Company has no reason to believe that future costs to settle claims related to its former operations will have a material impact on its financial position, results of operations or cash flows. The F&G Stock Purchase Agreement between HFG and OMGUK includes a Guarantee and Pledge Agreement which creates certain obligations for FGL as a grantor and also grants a security interest to OMGUK of FGL’s equity interest in FGL Insurance in the event that HFG fails to perform in accordance with the terms of the F&G Stock Purchase Agreement. The Company is not aware of any events or transactions that resulted in non-compliance with the Guarantee and Pledge Agreement. Unfunded Asset Based Lending Commitments Through Salus, the Company enters into commitments to extend credit to meet the financing needs of its asset based lending customers upon satisfaction of certain conditions. At March 31, 2013, the notional amount of unfunded, legally binding lending commitments was approximately $140.9, of which $11.1 expires in one year or less, and the remainder expires between one and four years. Shareholder Contingencies The Master Fund has pledged all of its shares of the Company’s common stock, together with securities of other issuers to secure a certain portfolio financing, which as of the date hereof, constitutes a majority of the outstanding shares of the Company’s common stock. The sale or other disposition of a sufficient number of such shares (including any foreclosure on or sale of the Company’s shares pledged as collateral) to non-affiliates could cause the Company and its subsidiaries to experience a change of control, which may accelerate certain of the Company’s and its subsidiaries’ debt instruments and other obligations (including the 7.875% Notes and Preferred Stock) and/or allow certain counterparties to terminate their agreements. Any such sale or disposition may also cause the Company and its subsidiaries to be unable to utilize certain of their net operating loss carryforwards and other tax attributes for income tax purposes.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 14

-Paragraph 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

-Topic 210

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+ Details

Other Required Disclosures

6 Months Ended

Mar. 31, 2013

Other Required Disclosures [Abstract]

Other Required Disclosures

Securitizations and Variable Interest Entities

Collateralized Loan Obligations (CLOs)

In February 2013, Salus completed a CLO securitization with a notional aggregate principal amount of $175.5 of the asset-backed loans that it had originated through that date. Salus' continuing involvement with the trust created as part of the securitization include servicing the receivables; retaining an undivided interest (seller's interest) in the receivables; and holding certain retained interests in subordinate securities, subordinate interests in accrued interest and fees on the securitized receivables, and cash reserve accounts. Salus continues to consolidate the loans transferred into the trust as it has determined that it is the primary beneficiary of the variable-interest entity represented by the trust, as result of it holding subordinate interest and servicing the receivables. Neither the Company nor Salus provided guarantees or recourse to the securitization trust other than standard representations and warranties. Included within "Asset-backed loans" under Investments in the Condensed Consolidated Balance Sheet as of March 31, 2013 where asset-based loans of $201.3 that serve as collateral to the obligations of the CLO of $225.0, of which $63.5 are to unaffiliated entities. The unaffiliated obligations of the CLO are included within "Debt" in the Condensed Consolidated Balance Sheet as of March 31, 2013. At March 31, 2013, the asset-backed loans receivable included $62.5 of seller's interest.

The table below summarizes select information related to the CLO vehicle in which Salus held a variable interest at March 31, 2013.



	March 31, 2013
Maximum loss exposure	$	201.3
Asset-backed loans receivable	$	201.3
Cash and other assets	28.4
Total assets of consolidated VIE	229.7
Long-term debt	225.0
Other liabilities	3.2
Total liabilities of consolidated VIE	$	228.2

Proportionately consolidated equity-method investments

The following tables present summarized consolidated financial information of HGI's proportionately consolidated equity investment in the EXCO/HGI Partnership, for the period subsequent to HGI's acquisition of the equity interest on February 14, 2013.



	March 31, 2013
Assets
Total current assets	$	46.6
Oil and natural gas properties, net	831.8
Other assets	34.6
Total assets	$	913.0

Liabilities and members' equity
Total current liabilities	$	51.7
Total long-term liabilities	406.0
Total members' equity	455.3
Total liabilities and members' equity	$	913.0



	Three and six months ended
	March 31, 2013
Revenues	$	22.4
Costs and Expenses
Oil and natural gas direct operating costs	11.8
Selling, acquisition, operating and general expenses	9.6
Total costs and expenses	21.4
Operating income	1.0
Other expense	(13.1		)
Net loss	$	(12.1	)

Receivables and concentrations of credit risk

"Receivables, net" in the accompanying Condensed Consolidated Balance Sheets consist of the following:



	March 31, 2013		September 30, 2012
Trade accounts receivable
Consumer products	$	508.5	$	357.2
Oil and natural gas	21.9		—
Total trade accounts receivable	530.4		357.2
Contingent purchase price reduction receivable (Note 3)	41.0		41.0
Other receivables	50.5		38.1
Total receivables	621.9		436.3
Less: Allowance for doubtful trade accounts receivable	28.5		21.9
Total receivables, net	$	593.4	$	414.4

Trade receivables held by Spectrum Brands and the EXCO/HGI Partnership subject the Company to credit risk and are carried at net realizable value.

Spectrum Brands extends credit to its customers based upon an evaluation of the customer’s financial condition and credit history, and generally does not require collateral. Spectrum Brands monitors its customers’ credit and financial condition based on changing economic conditions and makes adjustments to credit policies as required. Provisions for losses on uncollectible consumer products trade receivables are determined based on ongoing evaluations of Spectrum Brands’ receivables, principally on the basis of historical collection experience and evaluations of the risks of nonpayment for a given customer.

The EXCO/HGI Partnership sells oil and natural gas to various customers and participates with other parties in the drilling, completion and operation of oil and natural gas wells. The EXCO/HGI Partnership's trade accounts receivable are due from purchasers of oil or natural gas. The EXCO/HGI Partnership has the right to offset future revenues against unpaid charges related to wells which it operates. Oil and natural gas trade receivables are generally uncollateralized. The allowance for doubtful oil and natural gas accounts receivable was immaterial as of March 31, 2013. In addition, the EXCO/HGI Partnership has other receivables due from participants in oil and natural gas wells for which it serves as the operator.

Spectrum Brands has a broad range of customers including many large retail outlet chains, one of which accounts for a significant percentage of its sales volume. This customer represented approximately 16% and 21% of Spectrum Brands’ net sales during the three months ended March 31, 2013 and April 1, 2012, respectively, and approximately 19% and 23% of Spectrum Brands’ net sales during the six months ended March 31, 2013 and April 1, 2012, respectively. This customer also represented approximately 9% and 13% of Spectrum Brands’ trade accounts receivable, net at March 31, 2013 and September 30, 2012, respectively.

Approximately 37% and 42% of Spectrum Brands’ net sales during the three months ended March 31, 2013 and April 1, 2012, respectively, and 44% and 46% of Spectrum Brands' net sales during the six months ended March 31, 2013 and April 1, 2012, respectively, occurred outside the United States. These sales and related receivables are subject to varying degrees of credit, currency, political and economic risk. Spectrum Brands monitors these risks and makes appropriate provisions for collectibility based on an assessment of the risks present.

Inventories

Inventories of Spectrum Brands which are stated at the lower of cost or market, consist of the following:



	March 31, 2013		September 30, 2012
Raw materials	$	112.1	$	58.5
Work-in-process	51.6		23.4
Finished goods	541.7		370.7
Total inventories	$	705.4	$	452.6

Properties, including oil and natural gas properties, net

Properties, including oil and natural gas properties, net, consist of the following:



	March 31, 2013		September 30, 2012
Oil and natural gas properties (full accounting method)
Unproved oil and natural gas properties and development costs not being amortized	$	52.9	$	—
Proved developed and undeveloped oil and natural gas properties	572.5		—
Less: Accumulated depletion	5.7		—
Total oil and natural gas properties, net	619.7		—
Other properties
Land, buildings and improvements	121.2		93.6
Gas gathering assets	21.5		—
Machinery, equipment and other	413.9		325.7
Construction in progress	34.0		18.4
Total other properties, at cost	590.6		437.7
Less: Accumulated depreciation	244.7		216.1
Total other properties, net	345.9		221.6
Total properties, including oil and natural gas properties, net	$	965.6	$	221.6

Shipping and handling costs

Spectrum Brands incurred shipping and handling costs of $66.0 and $116.0 for the three and six months ended March 31, 2013, respectively, and $49.3 and $99.6 for the three and six months ended April 1, 2012, respectively. These costs are included in "Selling, acquisition, operating and general expenses" expenses in the accompanying Condensed Consolidated Statements of Operations. Shipping and handling costs include costs incurred with third-party carriers to transport products to customers as well as salaries and overhead costs related to activities to prepare Spectrum Brands’ products for shipment from its distribution facilities.

Other assets

"Other assets" in the accompanying Condensed Consolidated Balance Sheets consist of the following:



	March 31, 2013		September 30, 2012
Prepaid expenses and other current assets	$	168.5	$	53.1
Debt issuance costs	94.2		50.9
Deferred charges and other assets	112.0		68.6
Total other assets	$	374.7	$	172.6

Accounts payable and other current liabilities

"Accounts payable and other current liabilities" in the accompanying Condensed Consolidated Balance Sheets consist of the following:



	March 31, 2013		September 30, 2012
Accounts payable	$	401.7	$	325.9
Wages and benefits	86.3		110.9
Income taxes payable	31.4		96.6
Accrued interest	76.8		50.4
Accrued expenses	22.7		25.1
Oil and natural gas revenues and royalties payable	19.1		—
Accrued dividends on Preferred Stock	8.4		8.3
Restructuring and related charges	7.7		6.6
Other	141.4		130.4
Total accounts payable and other current liabilities	$	795.5	$	754.2

Other liabilities

"Other liabilities" in the accompanying Condensed Consolidated Balance Sheets consist of the following:



	March 31, 2013		September 30, 2012
Amounts payable for investment purchases	$	95.7	$	206.7
Retained asset account	208.2		203.7
Amounts payable to reinsurers	30.1		32.0
Remittances and items not allocated	36.4		29.5
Oil and natural gas asset-retirement obligations	24.3		—
Other	94.2		128.7
Total other liabilities	$	488.9	$	600.6

Asset retirement obligations

The following is a reconciliation of the EXCO/HGI Partnership's asset retirement obligations for the period from inception to March 31, 2013:



	March 31, 2013
Asset retirement obligations at inception	$	18.5
Activity during the period:
Adjustment to liability due to acquisitions	5.5
Accretion of discount	0.3
Asset retirement obligations at end of period	24.3
Less: Current portion	1.2
Long-term portion	$	23.1

Restructuring and related charges

The Company reports restructuring and related charges associated with manufacturing and related initiatives of Spectrum Brands in "Consumer products cost of goods sold." Restructuring and related charges reflected in "Consumer products cost of goods sold" include, but are not limited to, termination, compensation and related costs associated with manufacturing employees, asset impairments relating to manufacturing initiatives, and other costs directly related to the restructuring or integration initiatives implemented.

The Company reports restructuring and related charges relating to administrative functions of Spectrum Brands in "Selling, acquisition, operating and general expenses," such as initiatives impacting sales, marketing, distribution, or other non-manufacturing functions. Restructuring and related charges reflected in "Selling, acquisition, operating and general expenses" include, but are not limited to, termination and related costs, any asset impairments relating to the functional areas described above, and other costs directly related to the initiatives.

In 2009, Spectrum Brands implemented a series of initiatives to reduce operating costs and to evaluate opportunities to improve its capital structure (the "Global Cost Reduction Initiatives"). The following table summarizes restructuring and related charges incurred by the Global Cost Reduction Initiatives, as well as other initiatives which were not significant, for the three months ended March 31, 2013 and April 1, 2012 and where those charges are classified in the accompanying Condensed Consolidated Statements of Operations:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012		Charges Since Inception		Expected Future Charges		Total Projected Costs		Expected Completion Date
Initiatives:
Global Cost Reduction	$	5.2	$	4.2	$	11.7	$	11.3	$	94.7	$	6.2	$	100.9	January 31, 2015
Other	2.7		0.1		2.8		0.7
	$	7.9	$	4.3	$	14.5	$	12.0

Classification:
Consumer products cost of goods sold	$	2.6	$	1.7	$	3.7	$	6.3
Selling, acquisition, operating and general expenses	5.3		2.6		10.8		5.7
	$	7.9	$	4.3	$	14.5	$	12.0

Included in "Other initiatives" in the table above, Spectrum Brands also recorded $2.7 of restructuring and related charges during the three and six months ended March 31, 2013, related to initiatives implemented by the HHI Business prior to the acquisition by Spectrum Brands in December 2012.

The following table summarizes the remaining accrual balance associated with the initiatives and the activity during the six months ended March 31, 2013:



	Accrual Balance at September 30, 2012		Provisions		Cash Expenditures			Accrual Balance at March 31, 2013		Expensed as Incurred (a)
Global Cost Reduction Initiatives:
Termination benefits	$	3.3	$	4.5	$	(2.7	)	$	5.1	$	0.7
Other costs	1.1		0.3		(0.6		)	0.8		6.2
	4.4		4.8		(3.3		)	5.9		6.9
Other initiatives	2.2		—		(0.4		)	1.8		0.2
	$	6.6	$	4.8	$	(3.7	)	$	7.7	$	7.1

___________________


(a)	Consists of amounts not impacting the accrual for restructuring and related charges.

Related Party Transactions	6 Months Ended
Related Party Transactions	Mar. 31, 2013
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions In November 2012, the Company and Harbinger Capital Partners LLC ("Harbinger Capital"), an affiliate of the Company and the Principal Stockholders, entered into a reciprocal services agreement (the "Services Agreement") with respect to the provision of services to each other going forward. Pursuant to the Services Agreement, the parties each agreed to provide or cause to be provided services to each other, including their respective affiliates and subsidiaries. The services may include providing office space and operational support and each party making available their respective employees to provide services as reasonably requested by the other party, subject to any limitations contained in applicable employment agreements and the terms of the Services Agreement. Each party will pay the other party a service fee for the services provided and such service fee is intended to be the actual cost of the service without profit but including, as applicable, one-time costs, out-of pocket costs, costs of consents, fully loaded hourly rates and any pass through or allocation of payments. The Services Agreement provides that the parties are subject to confidentiality obligations and that the parties will indemnify each other and their related parties against certain costs and liabilities arising out of the performance of the Services Agreement. The Services Agreement will continue in effect until terminated by either party, following thirty (30) days advance written notice. A special committee of the Company’s board of directors, comprised of independent directors under the rules of the New York Stock Exchange, advised by independent counsel, determined that it is in the best interests of the Company and its stockholders (other than Harbinger Capital and its affiliates) for the Company to enter into the Services Agreement and recommended to the Company’s board directors that they approve entry into the Services Agreement. Following such determination, the Company’s board of directors approved the Services Agreement. The Company recognized $0.8 and $1.0 of expenses under these Service Agreement with respect to the three and six months ended March 31, 2013. During the six months ended April 1, 2012, prior to entering into the Services Agreement discussed above, Harbinger Capital provided the Company with certain advisory and consulting services and office space for certain of the Company’s employees and officers. The Company reimbursed Harbinger Capital for its out-of-pocket expenses and the cost of advisory and consulting services and office space provided to the Company by Harbinger Capital. In addition, on January 9, 2012, the Company hired certain former personnel of Harbinger Capital effective as of October 1, 2011. The Company reimbursed Harbinger Capital for employment and other costs associated with the above employees to the extent their services related to the Company from October 1, 2011 to the January 9, 2012. The Company recognized $0.6 and $1.3 of expenses under these arrangements with respect to the three and six month period ended April 1, 2012. Such amounts have been approved by a special committee of the Company’s board of directors, comprised solely of independent directors under the NYSE rules, which was advised by independent counsel. The Company believes that the amount of expenses recognized is reasonable; however, it does not necessarily represent the costs that would have been incurred by the Company on a stand-alone basis. In addition, pursuant to the terms of an existing registration rights agreement between the Company and the Principal Stockholders, the Company undertook a registered secondary offering of 23.0 million shares of the Company's common stock owned by the Principal Stockholders. The Company incurred $0.4 related to such offering during the six months ended March 31, 2013. The Company also provided customary representations, warranties and indemnifications to the underwriters.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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+ Details

Segment Data

6 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Segment Data

The Company follows the accounting guidance which establishes standards for reporting information about operating segments in interim and annual financial statements. The Company’s reportable business segments are organized in a manner that reflects how HGI’s management views those business activities. Accordingly, the Company currently operates its business in four reporting segments: (i) Consumer Products, (ii) Insurance, (iii) Energy, and (iv) Financial Services.



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Revenues:
Consumer Products	$	987.8		$	746.3		$	1,858.0		$	1,595.1
Insurance	402.7			359.1			746.3			676.3
Energy	16.7			—			16.7			—
Financial Services	8.7			0.4			19.3			0.4
Intersegment elimination	(4.0		)	(0.1		)	(6.1		)	(0.1		)
Consolidated revenues	$	1,411.9		$	1,105.7		$	2,634.2		$	2,271.7

Operating income (loss):
Consumer Products	$	52.3		$	55.2		$	120.4		$	138.9
Insurance	109.4			55.8			273.0			91.0
Energy	0.5			—			0.5			—
Financial Services	5.2			(0.8		)	12.5			(1.0		)
Intersegment elimination	(3.9		)	(0.1		)	(6.1		)	(0.1		)
Total segments	163.5			110.1			400.3			228.8
Corporate expenses (a)	(29.5		)	(14.2		)	(50.9		)	(21.1		)
Consolidated operating income	134.0			95.9			349.4			207.7
Interest expense	(75.7		)	(84.1		)	(218.8		)	(140.0		)
(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock	(39.6		)	(26.4		)	29.3			1.5
Gain on contingent purchase price reduction	—			41.0			—			41.0
Other expense, net	(3.2		)	(9.7		)	(11.9		)	(8.5		)
Consolidated income from continuing operations before income taxes	$	15.5		$	16.7		$	148.0		$	101.7



Total assets:	March 31, 2013			September 30, 2012
Consumer Products	$	5,520.7		$	3,751.6
Insurance	21,295.5			20,990.3
Energy	680.1			—
Financial Services	295.7			195.1
Intersegment elimination	(316.8		)	(182.1		)
Total segments	27,475.2			24,754.9
Corporate assets	241.5			445.5
Consolidated total assets	$	27,716.7		$	25,200.4



	Six months ended
Total cash provided from operating activities:	March 31, 2013			April 1, 2012
Consumer Products	$	(197.8	)	$	(148.9	)
Insurance	188.3			104.4
Energy	2.7			—
Financial Services	(1.4		)	0.2
Total cash provided from segment operating activities	(8.2		)	(44.3		)
Cash used in corporate operating activities	(79.2		)	150.6
Consolidated cash provided from operating activities	$	(87.4	)	$	106.3

__________________


(a)	Included in corporate expenses for the three and six months ended March 31, 2013 and April 1, 2012, are $0.0 and $0.9, and $0.9 and $1.7, respectively, for start-up costs relating to Front Street and Salus, and $4.7 and $11.1, and $0.6 and $2.1, respectively, relating to acquisitions and other projects.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

Consolidating Financial Information

6 Months Ended

Mar. 31, 2013

Text Block [Abstract]

Consolidating Financial Information

The following schedules present the Company’s consolidating balance sheet information at March 31, 2013 and September 30, 2012, and consolidating statements of operations information for the six months ended March 31, 2013 and April 1, 2012. These schedules present the individual segments of the Company and their contribution to the consolidated condensed financial statements. Amounts presented will not necessarily be the same as those in the individual financial statements of the Company’s subsidiaries due to adjustments for purchase accounting, income taxes and noncontrolling interests. In addition, some of the Company’s subsidiaries use a classified balance sheet which also leads to differences in amounts reported for certain line items.

The Corporate and Other column primarily reflects the parent company’s investment in its subsidiaries, invested cash portfolio and corporate long term debt. The elimination adjustments are for intercompany assets and liabilities, interest and dividends, the parent company’s investment in capital stocks of subsidiaries, and various reclasses of debit or credit balances to the amounts in consolidation. Purchase accounting adjustments have been pushed down to the appropriate subsidiary.

Harbinger Group Inc. - Condensed Consolidating Balance Sheet Information



March 31, 2013	Consumer Products		Insurance		Energy		Financial Services		Corporate and Other		Eliminations			Total
Assets:
Investments	$	—	$	16,734.0	$	0.2	$	241.6	$	57.7	$	—		$	17,033.5
Investments in subsidiaries and affiliates	—		48.2		—		—		2,222.3		(2,270.5		)	—
Affiliated loans and receivables	—		267.2		—		1.4		—		(268.6		)	—
Cash and cash equivalents	77.5		1,194.5		11.1		41.1		150.8		—			1,475.0
Receivables, net	529.6		41.0		22.8		—		—		—			593.4
Inventories, net	705.4		—		—		—		—		—			705.4
Accrued investment income	—		169.5		—		—		—		—			169.5
Reinsurance recoverable	—		2,330.4		—		—		—		—			2,330.4
Deferred tax assets	23.0		139.8		—		—		4.9		—			167.7
Properties, net	316.3		7.4		641.1		0.5		0.3		—			965.6
Goodwill	1,434.0		—		—		—		—		—			1,434.0
Intangibles, including DAC and VOBA, net	2,170.7		296.8		—		—		—		—			2,467.5
Other assets	264.2		66.7		4.9		11.1		27.8		—			374.7
Total assets	$	5,520.7	$	21,295.5	$	680.1	$	295.7	$	2,463.8	$	(2,539.1	)	$	27,716.7



Liabilities and Equity:
Insurance reserves	$	—	$	19,087.8	$	—	$	—	$	—	$	—		$	19,087.8
Debt	3,258.9		300.0		278.6		63.5		695.7		—			4,596.7
Accounts payable and other current liabilities	678.7		29.9		30.0		0.2		56.7		—			795.5
Equity conversion feature of preferred stock	—		—		—		—		202.7		—			202.7
Employee benefit obligations	99.6		—		—		—		4.9		—			104.5
Deferred tax liabilities	509.0		1.3		—		—		4.9		—			515.2
Other liabilities	32.4		411.5		32.6		12.2		0.2		—			488.9
Affiliated debt and payables	—		1.4		101.1		166.1		—		(268.6		)	—
Total liabilities	4,578.6		19,831.9		442.3		242.0		965.1		(268.6		)	25,791.3
Temporary equity	—		—		—		—		326.8		—			326.8
Total stockholders' equity	515.9		1,463.6		237.8		53.2		1,171.9		(2,270.5		)	1,171.9
Noncontrolling interests	426.2		—		—		0.5		—		—			426.7
Total permanent equity	942.1		1,463.6		237.8		53.7		1,171.9		(2,270.5		)	1,598.6
Total liabilities and equity	$	5,520.7	$	21,295.5	$	680.1	$	295.7	$	2,463.8	$	(2,539.1	)	$	27,716.7



September 30, 2012	Consumer Products		Insurance		Energy		Financial Services		Corporate and Other		Eliminations			Total
Assets:
Investments	$	—	$	16,556.7	$	—	$	180.1	$	181.6	$	—		$	16,918.4
Investment in subsidiaries and affiliates	—		32.0		—		—		1,858.2		(1,890.2		)	—
Affiliated loans and receivables	—		150.1		—		—		—		(150.1		)	—
Cash and cash equivalents	158.0		1,054.6		—		12.4		245.7		—			1,470.7
Receivables, net	373.4		41.0		—		—		—		—			414.4
Inventories, net	452.6		—		—		—		—		—			452.6
Accrued investment income	—		191.6		—		—		—		—			191.6
Reinsurance recoverable	—		2,363.1		—		—		—		—			2,363.1
Deferred tax assets	28.2		279.6		—		—		4.9		—			312.7
Properties, net	214.0		6.9		—		0.4		0.3		—			221.6
Goodwill	694.2		—		—		—		—		—			694.2
Intangibles, including DAC and VOBA, net	1,715.0		273.5		—		—		—		—			1,988.5
Other assets	116.2		41.2		—		2.2		13.0		—			172.6
Total assets	$	3,751.6	$	20,990.3	$	—	$	195.1	$	2,303.7	$	(2,040.3	)	$	25,200.4

Liabilities and Equity:
Insurance reserves	$	—	$	19,051.0	$	—	$	—	$	—	$	—		$	19,051.0
Debt	1,669.3		—		—		—		497.7		—			2,167.0
Accounts payable and other current liabilities	594.2		93.2		—		—		66.8		—			754.2
Equity conversion feature of preferred stock	—		—		—		—		232.0		—			232.0
Employee benefit obligations	90.0		—		—		—		5.1		—			95.1
Deferred tax liabilities	377.5		—		—		—		4.9		—			382.4
Other liabilities	31.6		555.3		—		13.3		0.4		—			600.6
Affiliated debt and payables	—		—		—		150.1		—		(150.1		)	—
Total liabilities	2,762.6		19,699.5		—		163.4		806.9		(150.1		)	23,282.3
Temporary equity	—		—		—		—		319.2		—			319.2
Total stockholders' equity	567.7		1,290.8		—		31.7		1,177.6		(1,890.2		)	1,177.6
Noncontrolling interests	421.3		—		—		—		—		—			421.3
Total permanent equity	989.0		1,290.8		—		31.7		1,177.6		(1,890.2		)	1,598.9
Total liabilities and equity	$	3,751.6	$	20,990.3	$	—	$	195.1	$	2,303.7	$	(2,040.3	)	$	25,200.4

Harbinger Group Inc. - Condensed Consolidating Statements of Operations Information



Six months ended March 31, 2013	Consumer Products			Insurance		Energy			Financial Services			Corporate and Other			Eliminations			Total
Revenues:
Net consumer product sales	$	1,858.0		$	—	$	—		$	—		$	—		$	—		$	1,858.0
Oil and natural gas	—			—		16.7			—			—			—			16.7
Insurance premiums	—			27.9		—			—			—			—			27.9
Net investment income	—			336.9		—			18.4			—			(5.2		)	350.1
Net investment gains	—			353.2		—			—			—			—			353.2
Insurance and investment product fees and other	—			28.3		—			0.9			—			(0.9		)	28.3
Total revenues	1,858.0			746.3		16.7			19.3			—			(6.1		)	2,634.2
Operating costs and expenses:
Consumer products cost of goods sold	1,247.0			—		—			—			—			—			1,247.0
Oil and natural gas direct operating costs	—			—		8.8			—			—			—			8.8
Benefits and other changes in policy reserves	—			324.5		—			—			—			—			324.5
Selling, acquisition, operating and general expenses	453.4			50.4		7.4			6.8			50.9			—			568.9
Amortization of intangibles	37.2			98.4		—			—			—			—			135.6
Total operating costs and expenses	1,737.6			473.3		16.2			6.8			50.9			—			2,284.8
Operating income	120.4			273.0		0.5			12.5			(50.9		)	(6.1		)	349.4
Equity in net income (losses) of subsidiaries	—			—		—			—			148.0			(148.0		)	—
Interest expense	(130.2		)	—		(0.9		)	—			(87.7		)	—			(218.8		)
Affiliated interest income	—			1.1		(1.1		)	(5.5		)	—			5.5			—
(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock	—			—		—			—			29.3			—			29.3
Other income (expense), net	(5.3		)	0.3		(8.9		)	(0.1		)	2.1			—			(11.9		)
(Loss) income from continuing operations before income taxes	(15.1		)	274.4		(10.4		)	6.9			40.8			(148.6		)	148.0
Income tax expense	39.8			90.6		—			—			—			—			130.4
Net (loss) income	(54.9		)	183.8		(10.4		)	6.9			40.8			(148.6		)	17.6
Less: Net loss attributable to noncontrolling interest	(23.5		)	—		—			0.3			—			—			(23.2		)
Net (loss) income attributable to controlling interest	(31.4		)	183.8		(10.4		)	6.6			40.8			(148.6		)	40.8
Less: Preferred stock dividends and accretion	—			—		—			—			24.3			—			24.3
Net (loss) income attributable to common and participating preferred stockholders	$	(31.4	)	$	183.8	$	(10.4	)	$	6.6		$	16.5		$	(148.6	)	$	16.5



Six months ended April 1, 2012	Consumer Products			Insurance			Energy		Financial Services			Corporate and Other			Eliminations			Total
Revenues:
Net consumer product sales	$	1,595.1		$	—		$	—	$	—		$	—		$	—		$	1,595.1
Oil and natural gas	—			—			—		—			—			—			—
Insurance premiums	—			30.1			—		—			—			—			30.1
Net investment income	—			359.5			—		0.4			—			(0.1		)	359.8
Net investment gains	—			267.5			—		—			—			—			267.5
Insurance and investment product fees and other	—			19.2			—		—			—			—			19.2
Total revenues	1,595.1			676.3			—		0.4			—			(0.1		)	2,271.7
Operating costs and expenses:
Consumer products cost of goods sold	1,051.0			—			—		—			—			—			1,051.0
Benefits and other changes in policy reserves	—			418.7			—		—			—			—			418.7
Selling, acquisition, operating and general expenses	374.8			81.5			—		1.4			21.1			—			478.8
Amortization of intangibles	30.4			85.1			—		—			—			—			115.5
Total operating costs and expenses	1,456.2			585.3			—		1.4			21.1			—			2,064.0
Operating income	138.9			91.0			—		(1.0		)	(21.1		)	(0.1		)	207.7
Equity in net income (losses) of subsidiaries	—			—			—		—			108.0			(108.0		)	—
Interest expense	(110.4		)	(1.3		)	—		—			(28.3		)	—			(140.0		)
Affiliated interest income	—			—			—		(0.1		)	—			0.1			—
(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock	—			—			—		—			1.5			—			1.5
Gain on contingent purchase price reduction	—			41.0			—		—			—			—			41.0
Other expense, net	—			—			—		—			(8.5		)	—			(8.5		)
Income from continuing operations before income taxes	28.5			130.7			—		(1.1		)	51.6			(108.0		)	101.7
Income tax expense	44.1			12.3			—		—			—			—			56.4
Net (loss) income	(15.6		)	118.4			—		(1.1		)	51.6			(108.0		)	45.3
Less: Net loss attributable to noncontrolling interest	(6.2		)	—			—		—			—			—			(6.2		)
Net (loss) income attributable to controlling interest	(9.4		)	118.4			—		(1.1		)	51.6			(108.0		)	51.5
Less: Preferred stock dividends and accretion	—			—			—		—			31.6			—			31.6
Net (loss) income attributable to common and participating preferred stockholders	$	(9.4	)	$	118.4		$	—	$	(1.1	)	$	20.0		$	(108.0	)	$	19.9

Subsequent Events	6 Months Ended
Subsequent Events	Mar. 31, 2013
Subsequent Events [Abstract]
Subsequent Events	Subsequent Event Spectrum Brands' Acquisition of TLM Taiwan On April 8, 2013, Spectrum Brands completed the $100.0 cash acquisition of certain assets of TLM Taiwan from Stanley Black & Decker, completing the final step in the Hardware Acquisition. In accordance with ASC 805, the Company will account for the acquisition by applying the acquisition method of accounting and include the fair value of acquired assets within Spectrum Brands' Hardware & Home Improvement segment. Spectrum Brands is in process of preparing the preliminary purchase price allocation of TLM Taiwan.

Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements (Policies)	6 Months Ended
	Mar. 31, 2013
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements of the Company included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of such information. All such adjustments are of a normal recurring nature. Although the Company believes that the disclosures are adequate to make the information presented not misleading, certain information and footnote disclosures, including a description of significant accounting policies normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP"), have been condensed or omitted pursuant to such rules and regulations, except for such significant accounting policies that were adopted during the quarter relating to new business ventures, which are detailed below. Certain prior year amounts have been reclassified or combined to conform to the current year presentation. These reclassifications and combinations had no effect on previously reported results of operations or accumulated deficit. These interim financial statements should be read in conjunction with the Company’s annual consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K filed with the SEC on November 27, 2012 (the "Form 10-K"). The results of operations for the six months ended March 31, 2013 are not necessarily indicative of the results for any subsequent periods or the entire fiscal year ending September 30, 2013.
Principles of Consolidation	Principles of Consolidation The Condensed Consolidated Financial Statements include the accounts of the Company, its majority-owned subsidiaries, those variable interest entities ("VIEs") where the Company is the primary beneficiary, and it's proportional share of the gross net assets of equity method investments in extractive industries ("Proportionate consolidation"). Intercompany accounts and transactions have been eliminated. Results of operations of acquired companies are included from the dates of acquisition and for VIEs, from the dates that the Company became the primary beneficiary. The Company has elected to account for its investments in extractive industries that it does not control, but over which it can exert significant influence (specifically, the EXCO/HGI Partnership), by using the proportionate consolidation method allowed for equity-method investments in extractive industries, under Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 932, Extractive Industries. Under this method, the Company consolidates its proportionate share of the assets and liabilities of the equity method investment, using a gross presentation. A variable interest entity is an entity that lacks equity investors or whose equity investors do not have a controlling financial interest in the entity through their equity investments. The entity that has a controlling financial interest in a VIE is referred to as the primary beneficiary and consolidates the VIE. A corporation is deemed to have a controlling financial interest and is the primary beneficiary of a VIE if it has both the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and an obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. The Company, through its subsidiary, Salus, primarily uses VIEs for its securitization activities, in which Salus transfers whole loans into a trust or other vehicle such that the assets are legally isolated from the creditors of Salus. Assets held in a trust can only be used to settle obligations of the trust. The creditors of these trusts typically have no recourse to Salus except in accordance with the obligations under standard representations and warranties. When Salus is the servicer of whole loans held in a securitization trust, Salus has the power to direct the most significant activities of the trust. Salus consolidates a whole-loan securitization trust if it has the power to direct the most significant activities and also holds securities issued by the trust or has other contractual arrangements, other than standard representations and warranties, that could potentially be significant to the trust.
Oil and natural gas properties	Oil and natural gas properties Full Cost Method The accounting for, and disclosure of, oil and natural gas producing activities require that the EXCO/HGI Partnership choose between two GAAP alternatives; the full cost method or the successful efforts method. The EXCO/HGI Partnership chose to use the full cost method of accounting, which involves capitalizing all intangible drilling costs, lease and well equipment and exploration and development costs incurred plus acquired proved and unproved leaseholds. Once the EXCO/HGI Partnership incurs costs, they are recorded in the depletable pool of proved properties or in unproved properties, collectively, the full cost pool. The EXCO/HGI Partnership's unproved property costs, which include unproved oil and natural gas properties, properties under development, and major development projects, collectively totaled $52.9 and $48.5 as of March 31, 2013 and February 14, 2013, respectively, and are not subject to depletion. The EXCO/HGI Partnership reviews its unproved oil and natural gas property costs on a quarterly basis to assess for impairment and transfer unproved costs to proved properties as a result of extensions or discoveries from drilling operations or determination that no proved reserves are attributable to such costs. The EXCO/HGI Partnership expects these costs to be evaluated over approximately four years and transferred to the depletable portion of the full cost pool during that time. The EXCO/HGI Partnership has not recorded any impairments of undeveloped properties for the period from inception to March 31, 2013. Capitalization of Interest When the EXCO/HGI Partnership acquires significant amounts of undeveloped acreage, it capitalizes interest on the acquisition costs in accordance with FASB ASC Subtopic 835-20, Capitalization of Interest. When the unproved property costs are moved to proved developed and undeveloped oil and natural gas properties, or the properties are sold, the EXCO/HGI Partnership will cease capitalizing interest. Depletion The EXCO/HGI Partnership calculates depletion using the unit-of-production method. Under this method, the sum of the full cost pool, excluding the book value of unproved properties, and all estimated future development costs are divided by the total estimated quantities of proved reserves. This rate is applied to the EXCO/HGI Partnership's total production for the quarter, and the appropriate expense is recorded. The EXCO/HGI Partnership capitalizes the portion of general and administrative costs, including share-based compensation, that is attributable to its exploration, exploitation and development activities. Sales, dispositions and other oil and natural gas property retirements are accounted for as adjustments to the full cost pool, with no recognition of gain or loss, unless the disposition would significantly alter the amortization rate and/or the relationship between capitalized costs and Proved Reserves. Ceiling Test Exemption Pursuant to Rule 4-10(c)(4) of Regulation S-X, the EXCO/HGI Partnership was required to compute its ceiling test using the simple average spot price for the trailing twelve month period for oil and natural gas as of March 31, 2013. The computation resulted in the carrying costs of the EXCO/HGI Partnership's unamortized proved oil and natural gas properties exceeding the March 31, 2013 ceiling test limitation by approximately $234.0. As a result of a temporary exemption received from the SEC to exclude the acquisition of the EXCO/HGI Partnership's conventional oil and natural gas properties from the ceiling test, the need to recognize impairment for the quarter ended March 31, 2013 was eliminated. The EXCO/HGI Partnership's pricing for these acquisitions are based on models which incorporate, among other things, market prices based on New York Mercantile Exchange ("NYMEX") futures. The ceiling test requires companies using the full cost accounting method to price period ending proved reserves using the simple average spot price for the trailing twelve month period, which may not be indicative of actual market values. Given the short passage of time between closing of these acquisitions and the required ceiling test computation, HGI requested, and received, an exemption from the SEC to exclude the acquisition of these oil and natural gas properties from the ceiling test assessments for a period of twelve months following the corresponding acquisition dates. The request for exemption was made because the EXCO/HGI Partnership believes the fair value of the aforementioned acquisitions can be demonstrated beyond a reasonable doubt to exceed their unamortized costs. The EXCO/HGI Partnership's expectation of future prices is principally based on NYMEX futures contracts, adjusted for basis differentials, for a period of five years. After a five year period the EXCO/HGI Partnership has elected to use flat pricing as the NYMEX futures contracts become more thinly traded. Generally, the flat price used for the sixth year through the economic life of the property is management's internal long-term price estimate, which is, in part, based on an extension of the NYMEX pricing. The EXCO/HGI Partnership believes the NYMEX futures contracts reflect an independent proxy for fair value. Management's internal valuation model demonstrated that the fair value of these acquired oil and natural gas properties clearly exceeded the calculated ceiling test limitation as of March 31, 2013 beyond a reasonable doubt. The EXCO/HGI Partnership recognizes that, due to the volatility associated with oil and natural gas prices, a downward trend in market prices could occur. If such a case were to occur and is deemed to be other than a temporary trend, the EXCO/HGI Partnership would assess these acquisitions for impairment during the requested exemption period. Further, if the EXCO/HGI Partnership cannot demonstrate that fair value exceeds the calculated ceiling test limitation during the requested exemption periods prior to issuance of its financial statements, the EXCO/HGI Partnership will recognize impairment related to these acquisitions. The ceiling test calculation is based upon estimates of proved reserves. There are numerous uncertainties inherent in estimating quantities of proved reserves, in projecting the future rates of production and in the timing of development activities. The accuracy of any reserve estimate is a function of the quality of available data and of engineering and geological interpretation and judgment. Results of drilling, testing and production subsequent to the date of the estimate may justify revision of such estimate. Accordingly, reserve estimates are often different from the quantities of oil and natural gas that are ultimately recovered. Gas gathering assets Gas gathering assets are capitalized at cost and depreciated on a straight line basis over their estimated useful lives of up to 14
Deferred abandonment and asset retirement obligations	Deferred abandonment and asset retirement obligations The EXCO/HGI Partnership applies FASB ASC 410-20, Asset Retirement and Environmental Obligations ("ASC 410-20"), to account for estimated future plugging and abandonment costs. ASC 410-20 requires legal obligations associated with the retirement of long-lived assets to be recognized at their estimated fair value at the time that the obligations are incurred. Upon initial recognition of a liability, that cost is capitalized as part of the related long-lived asset and allocated to expense over the useful life of the asset. The EXCO/HGI Partnership's asset retirement obligations primarily represent the present value of the estimated amount it will incur to plug, abandon and remediate proved producing properties at the end of their productive lives, in accordance with applicable state laws. The EXCO/HGI Partnership's asset retirement obligations are determined using discounted cash flow methodologies based on inputs that are not readily available in public markets. The EXCO/HGI Partnership has no assets that are legally restricted for purposes of settling asset retirement obligations.
Revenue recognition and gas imbalances	Revenue recognition and gas imbalances The EXCO/HGI Partnership uses the sales method of accounting for oil and natural gas revenues. Under the sales method, revenues are recognized based on actual volumes of oil and natural gas sold to purchasers. Gas imbalances at March 31, 2013 were not significant.
Gathering and Transportation	Gathering and transportation The EXCO/HGI Partnership generally sells oil and natural gas under two types of agreements which are common in the industry. Both types of agreements include a transportation charge. One is a net-back arrangement, under which the EXCO/HGI Partnership sells oil or natural gas at the wellhead and collects a price, net of the transportation incurred by the purchaser. In this case, The EXCO/HGI Partnership records sales at the price received from the purchaser, net of the transportation costs. Under the other arrangement, the EXCO/HGI Partnership sells oil or natural gas at a specific delivery point, pays transportation to a third party and receives proceeds from the purchaser with no transportation deduction. In this case, the EXCO/HGI Partnership records the transportation cost as gathering and transportation expense. Due to these two distinct selling arrangements, The EXCO/HGI Partnership's computed realized prices, before the impact of derivative financial instruments, includes revenues which are reported under two separate bases.
Overhead reimbursement fees	Overhead reimbursement fees The EXCO/HGI Partnership has classified fees from overhead charges billed to working interest owners, including itself, as a reduction of general and administrative expenses in the accompanying Condensed Consolidated Statements of Operations. The EXCO/HGI Partnership's share of these charges was $0.6 and was classified as oil and natural gas production costs.
Environmental costs	Environmental costs Environmental costs that relate to current operations are expensed as incurred. Remediation costs that relate to an existing condition caused by past operations are accrued when it is probable that those costs will be incurred and can be reasonably estimated based upon evaluations of currently available facts related to each site.
Presentation of Comprehensive Income	Presentation of Comprehensive Income In June 2011, the FASB issued Accounting Standards Update 2011-05, "Comprehensive Income (Topic 220): Presentation of Comprehensive Income," which amends current comprehensive income guidance. This accounting update eliminates the option to present the components of other comprehensive income as part of the statement of shareholders’ equity. Instead, comprehensive income must be reported in either a single continuous statement of comprehensive income which contains two sections, net income and other comprehensive income, or in two separate but consecutive statements. The guidance requiring disclosure of the income statement location where gains and losses reclassified out of comprehensive income are included was deferred in December 2011. In November 2012, the FASB clarified its position on the reclassification disclosures, allowing disclosure of reclassification adjustments on the face of the comprehensive income statement or in the notes to the financial statements. The accounting guidance requiring a comprehensive income statement is now effective for the Company. The Company has implemented all required disclosures.
Impairment Testing	Impairment Testing Also effective October 1, 2012, the Company implemented new guidance intended to simplify how the Company tests for impairments of goodwill and indefinite-lived intangible assets. The guidance will allow the Company to first assess qualitative factors to determine whether it is necessary to perform the two-step quantitative impairment tests for goodwill and indefinite-lived intangible assets. The Company will no longer be required to calculate, respectively for goodwill and indefinite-lived intangible assets, the fair value of a reporting unit, or the fair value of an indefinite-lived intangible asset, unless the Company determines, based on a qualitative assessment, that it is more likely than not that its fair value is less than its carrying amount. The Company will apply this new guidance upon its annual impairment analysis of its goodwill and indefinite-lived intangible assets, in August 2013. The Company does not expect the adoption of this guidance to have a significant impact on its consolidated financial statements.
Offsetting Assets and Liabilities	Offsetting Assets and Liabilities In December 2011, the FASB issued amended disclosure requirements for offsetting financial assets and financial liabilities to allow investors to better compare financial statements prepared under US GAAP with financial statements prepared under International Financial Reporting Standards. The new standards are effective for us beginning in the first quarter of our fiscal year ending September 30, 2014. The Company is currently evaluating the impact of this new accounting guidance on the disclosures included in its consolidated financial statements.

Acquisitions (Tables)

6 Months Ended

Mar. 31, 2013

Business Acquisition [Line Items]

Company's Pro Forma Results



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012

Revenues:
Reported revenues	$	1,411.9		$	1,105.7		$	2,634.2		$	2,271.7
HHI adjustment	—			232.2			191.8			463.9
EXCO/HGI Partnership adjustment	17.1			38.4			53.7			82.3
Pro forma revenues	$	1,429.0		$	1,376.3		$	2,879.7		$	2,817.9

Net income:
Reported net income	$	(50.5	)	$	(0.2	)	$	17.6		$	45.3
HHI adjustment	—			10.1			4.9			23.1
EXCO/HGI Partnership adjustment	(0.9		)	(2.9		)	(0.5		)	0.4
Pro forma net income	$	(51.4	)	$	7.0		$	22.0		$	68.8

Basic net income per common share attributable to controlling interest:
Reported net loss per common share	$	(0.33	)	$	(0.03	)	$	0.08		$	0.10
HHI adjustment	—			0.07			0.04			0.17
EXCO/HGI Partnership adjustment	(0.01		)	(0.02		)	—			—
Pro forma net income per common share	$	(0.34	)	$	0.02		$	0.12		$	0.27

Diluted net income per common share attributable to controlling interest:
Reported diluted net loss per common share	$	(0.33	)	$	(0.03	)	$	0.06		$	0.10
HHI adjustment	—			0.07			0.02			0.17
EXCO/HGI Partnership adjustment	(0.01		)	(0.02		)	—			—
Pro forma diluted net income per common share	$	(0.34	)	$	0.02		$	0.08		$	0.27

Summary of Acquisition and Integration Related Charges Incurred

The following table summarizes acquisition and integration related charges incurred by the Company for the three and six months ended March 31, 2013 and April 1, 2012:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
SB/RH Merger
Integration costs	$	0.8	$	2.8	$	1.9	$	5.2
Employee termination charges	0.2		1.9		0.3		2.5
Legal and professional fees	—		0.3		0.1		0.9
	1.0		5.0		2.3		8.6
HHI Business
Legal and professional fees	6.5		—		21.0		—
Integration costs	3.6		—		3.7		—
Employee termination charges	0.1		—		0.1		—
	10.2		—		24.8		—

FGL	—		—		—		0.1
EXCO/HGI Partnership	4.1		—		9.1		—
FURminator	0.6		2.1		1.2		4.6
BlackFlag	—		0.5		—		1.8
Shaser	0.2		—		4.4		—
Other	0.6		0.8		2.1		2.4
Total acquisition and integration related charges	$	16.7	$	8.4	$	43.9	$	17.5

HHI Business [Member]

Business Acquisition [Line Items]

Schedule of Preliminary Purchase Price

The following table summarizes the preliminary consideration paid for the HHI Business:



	December 17, 2012
Negotiated sales price, excluding TLM Taiwan	$	1,300.0
Preliminary working capital and other adjustments	(10.6		)
Preliminary purchase price	$	1,289.4

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The preliminary valuation of the assets acquired and liabilities assumed for the HHI Business, including a reconciliation to the preliminary valuation reported as of December 30, 2012, is as follows:



	Preliminary Valuation						Preliminary Valuation
	December 30, 2012			Adjustments/reclassifications			March 31, 2013
Cash	$	17.4		$	5.8		$	23.2
Accounts receivable	104.6			4.4			109.0
Inventory	207.1			(2.4		)	204.7
Prepaid expenses and other	13.3			(4.1		)	9.2
Property, plant and equipment	104.5			(5.2		)	99.3
Intangible assets	470.0			—			470.0
Other long-term assets	3.1			—			3.1
Total assets acquired	920.0			(1.5		)	918.5
Accounts payable	130.1			8.0			138.1
Deferred tax liability - current	7.1			—			7.1
Accrued liabilities	37.5			(0.6		)	36.9
Deferred tax liability - long-term	104.7			11.2			115.9
Other long-term liabilities	11.2			(2.2		)	9.0
Total liabilities assumed	290.6			16.4			307.0
Total identifiable net assets	629.4			(17.9		)	611.5
Non-controlling interests	(2.2		)	(2.2		)	(4.4		)
Goodwill	662.2			20.1			682.3
Total net assets acquired	$	1,289.4		$	—		$	1,289.4

Shaser Biosciences, Inc. [Member]

Business Acquisition [Line Items]

Schedule of Preliminary Purchase Price

The following table summarizes the preliminary consideration paid for Shaser:



	November 8, 2012
Negotiated sales price	$	50.0
Preliminary working capital adjustment	(0.4		)
Preliminary purchase price	$	49.6

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The preliminary fair values recorded for the assets acquired and liabilities assumed for Shaser are as follows:



	Preliminary Valuation						Preliminary Valuation
	December 30, 2012			Adjustments/reclassifications			March 31, 2013
Cash	$	0.9		$	—		$	0.9
Intangible asset	35.5			(2.7		)	32.8
Other assets	2.7			—			2.7
Total assets acquired	39.1			(2.7		)	36.4
Total liabilities assumed	14.4			(1.0		)	13.4
Total identifiable net assets	24.7			(1.7		)	23.0
Non-controlling interest	(39.0		)	—			(39.0		)
Goodwill	63.9			1.7			65.6
Total identifiable net assets	$	49.6		$	—		$	49.6

Cotton-Valley Oil and Gas Properties [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table presents a summary of the fair value of assets acquired and liabilities assumed as part of the acquisition:



	EXCO's Contributed Assets February 14, 2013						BG Cotton Valley Assets March 5, 2013
	EXCO/HGI Partnership			HGI's Proportionate Interest			EXCO/HGI Partnership			HGI's Proportionate Interest
Assets acquired:
Cash	$	0.1		$	0.1		$	—		$	—
Oil and natural gas properties
Unproved oil and natural gas properties	65.1			48.5			7.2			5.4
Proved developed and undeveloped oil and natural gas properties	632.2			471.0			131.2			97.7
Total oil and natural gas properties	697.3			519.5			138.4			103.1
Other assets	32.7			24.5			—			—
Liabilities assumed:
Accounts payable and other current liabilities	(14.1		)	(10.5		)	—			—
Other liabilities	(23.5		)	(17.5		)	(7.5		)	(5.6		)
Total purchase price	$	692.5		$	516.1		$	130.9		$	97.5

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References+ Details

Investments (Tables)

6 Months Ended

Mar. 31, 2013

Investments, Debt and Equity Securities [Abstract]

Available-for-Sale Securities

The Company’s consolidated investments are summarized as follows:



	March 31, 2013
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value		Carrying Value

Fixed-maturity securities, available-for sale
Asset-backed securities	$	1,388.5	$	30.6	$	(0.7	)	$	1,418.4	$	1,418.4
Commercial mortgage-backed securities	506.8		39.9		(0.5		)	546.2		546.2
Corporates	10,118.0		686.3		(13.0		)	10,791.3		10,791.3
Hybrids	438.8		28.1		—			466.9		466.9
Municipals	969.1		109.4		(0.8		)	1,077.7		1,077.7
Agency residential mortgage-backed securities	122.2		4.1		(0.3		)	126.0		126.0
Non-agency residential mortgage-backed securities	1,209.5		91.6		(2.6		)	1,298.5		1,298.5
U.S. Government	447.1		11.5		(0.1		)	458.5		458.5
Total fixed maturities	15,200.0		1,001.5		(18.0		)	16,183.5		16,183.5
Equity securities
Available-for-sale	247.4		10.2		(1.9		)	255.7		255.7
Held for trading	102.1		—		(44.4		)	57.7		57.7
Total equity securities	349.5		10.2		(46.3		)	313.4		313.4
Derivatives	141.8		124.6		(3.8		)	262.6		262.6
Asset-backed loans	241.6		—		—			241.6		241.6
Other invested assets
Policy loans and other invested assets	32.4		—		—			32.4		32.4
Total investments	$	15,965.3	$	1,136.3	$	(68.1	)	$	17,033.5	$	17,033.5



	September 30, 2012
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value		Carrying Value

Fixed-maturity securities, available-for-sale
Asset-backed securities	$	1,010.9	$	18.6	$	(1.6	)	$	1,027.9	$	1,027.9
Commercial mortgage-backed securities	520.0		36.2		(2.4		)	553.8		553.8
Corporates	10,211.8		807.2		(10.0		)	11,009.0		11,009.0
Hybrids	519.0		18.8		(9.6		)	528.2		528.2
Municipals	1,083.2		141.9		(1.1		)	1,224.0		1,224.0
Agency residential mortgage-backed securities	149.5		5.8		(0.3		)	155.0		155.0
Non-agency residential mortgage-backed securities	629.1		35.8		(4.3		)	660.6		660.6
U.S. Government	917.5		12.9		—			930.4		930.4
Total fixed-maturity securities	15,041.0		1,077.2		(29.3		)	16,088.9		16,088.9
Equity securities
Available-for-sale	237.5		11.9		(1.3		)	248.1		248.1
Held for trading	191.8		—		(45.0		)	146.8		146.8
Total equity securities	429.3		11.9		(46.3		)	394.9		394.9
Derivatives	142.1		67.0		(8.4		)	200.7		200.7
Asset-backed loans	180.1		—		—			180.1		180.1
Other invested assets
U.S. Treasuries and certificate of deposit, held-to-maturity	35.0		—		—			35.0		35.0
Policy loans and other invested assets	18.8		—		—			18.8		18.8
Total other invested assets	53.8		—		—			53.8		53.8
Total investments	$	15,846.3	$	1,156.1	$	(84.0	)	$	16,918.4	$	16,918.4

Amortized Cost and Fair Value of Fixed Maturity Available-for-Sale Securities



	March 31, 2013
	Amortized Cost		Fair Value
Corporate, Non-structured Hybrids, Municipal and U.S. Government securities:
Due in one year or less	$	615.2	$	619.4
Due after one year through five years	2,888.8		2,985.3
Due after five years through ten years	3,702.2		3,958.0
Due after ten years	4,683.2		5,144.6
Subtotal	11,889.4		12,707.3
Other securities which provide for periodic payments:
Asset-backed securities	1,388.5		1,418.4
Commercial-mortgage-backed securities	506.8		546.2
Structured hybrids	83.6		87.1
Agency residential mortgage-backed securities	122.2		126.0
Non-agency residential mortgage-backed securities	1,209.5		1,298.5
Total fixed maturity available-for-sale securities	$	15,200.0	$	16,183.5

Fair Value and Gross Unrealized Losses of Available-for-Sale-Securities

The fair value and gross unrealized losses of available-for-sale securities, aggregated by investment category, were as follows:



	March 31, 2013
	Less than 12 months					12 months or longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Available-for-sale securities
Asset-backed securities	$	116.3	$	(0.5	)	$	21.8	$	(0.2	)	$	138.1	$	(0.7	)
Commercial-mortgage-backed securities	—		—			0.2		(0.5		)	0.2		(0.5		)
Corporates	1,044.4		(11.2		)	125.3		(1.8		)	1,169.7		(13.0		)
Equities	17.7		(0.7		)	32.2		(1.2		)	49.9		(1.9		)
Municipals	79.1		(0.8		)	—		—			79.1		(0.8		)
Agency residential mortgage-backed securities	4.9		(0.2		)	4.1		(0.1		)	9.0		(0.3		)
Non-agency residential mortgage-backed securities	143.4		(1.6		)	68.3		(1.0		)	211.7		(2.6		)
U.S. Government	20.0		(0.1		)	—		—			20.0		(0.1		)
Total available-for-sale securities	$	1,425.8	$	(15.1	)	$	251.9	$	(4.8	)	$	1,677.7	$	(19.9	)
Total number of available-for-sale securities in an unrealized loss position			213					51					264



	September 30, 2012
	Less than 12 months					12 months or longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Available-for-sale securities
Asset-backed securities	$	169.8	$	(1.0	)	$	7.5	$	(0.6	)	$	177.3	$	(1.6	)
Commercial-mortgage-backed securities	0.8		(0.8		)	10.7		(1.6		)	11.5		(2.4		)
Corporates	411.3		(8.1		)	45.5		(1.9		)	456.8		(10.0		)
Equities	—		—			44.5		(1.3		)	44.5		(1.3		)
Hybrids	13.4		(0.4		)	107.7		(9.2		)	121.1		(9.6		)
Municipals	71.1		(1.1		)	—		—			71.1		(1.1		)
Agency residential mortgage-backed securities	1.8		(0.2		)	6.1		(0.1		)	7.9		(0.3		)
Non-agency residential mortgage-backed securities	12.9		(0.3		)	101.8		(4.0		)	114.7		(4.3		)
Total available-for-sale securities	$	681.1	$	(11.9	)	$	323.8	$	(18.7	)	$	1,004.9	$	(30.6	)
Total number of available-for-sale securities in an unrealized loss position			100					56					156

Reconciliation of Other-than-Temporary Impairment on Fixed Maturity



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Balance at the beginning of the period	$	2.7	$	2.1	$	2.7	$	0.7
Increases attributable to credit losses on securities:
Other-than-temporary impairment was not previously recognized	—		0.5		—		1.9
Balance at the end of the period	$	2.7	$	2.6	$	2.7	$	2.6

Other-than-Temporary Impairments

Details underlying write-downs taken as a result of other-than-temporary impairments that were recognized in earnings and included in net realized gains on securities were as follows:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Other-than-temporary impairments recognized in net income:
Corporates	$	—	$	—	$	—	$	0.7
Non-agency residential mortgage-backed securities	0.4		3.3		0.9		6.1
Hybrids	—		—		—		9.7
Other invested assets	—		0.8		—		0.8
Total other-than-temporary impairments	$	0.4	$	4.1	$	0.9	$	17.3

Portfolio of Asset-Backed Loans and Other Invested Assets



	March 31, 2013		September 30, 2012
Asset-backed loans, by major industry:
Wholesale	$	66.0	$	77.2
Apparel	96.7		70.1
Jewelry	39.2		27.9
Other	42.5		6.3
Total asset-backed loans	244.4		181.5
Less: Allowance for credit losses	2.8		1.4
Total asset-backed loans, net	$	241.6	$	180.1

Schedule of Allowance for Credit Losses

The following table presents the activity in its allowance for credit losses for the three and six months ended March 31, 2013 and April 1, 2012:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Allowance for credit losses:
Balance at beginning of period	$	2.6	$	—	$	1.4	$	—
Provision for credit losses	0.2		0.2		1.4		0.2
Charge-offs	—		—		—		—
Recoveries	—		—		—		—
Balance at end of period	$	2.8	$	0.2	$	2.8	$	0.2

Schedule of Credit Quality of Asset-Based Loan Portfolio

The following tables present information about the credit quality of Salus’ asset-based loan portfolio, based on National Association of Insurance Commissioners ("NAIC") risk rating, as of March 31, 2013 and September 30, 2012:



NAIC Designation	Credit Equivalent Rating	March 31, 2013		Percent of Total		September 30, 2012		Percent of Total
1	AAA/AA/A	$	18.0	7.4	%	$	75.8	41.7	%
2	BBB	200.2		81.9	%	94.9		52.3	%
3	BB	—		—	%	10.8		6.0	%
4	B	—		—	%	—		—	%
5	CCC	26.2		10.7	%	—		—	%
Not rated		—		—	%	—		—	%
Total		$	244.4	100.0	%	$	181.5	100.0	%

Net Investment Income

The major sources of "Net investment income" on the accompanying Condensed Consolidated Statements of Operations were as follows:



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Fixed maturity available-for-sale securities	$	165.9		$	170.5		$	333.5		$	357.7
Equity available-for-sale securities	2.9			3.4			7.6			6.0
Policy loans	0.2			0.1			0.5			0.4
Invested cash and short-term investments	0.4			1.3			1.2			1.4
Other investments	5.4			0.9			14.2			0.6
Gross investment income	174.8			176.2			357.0			366.1
External investment expense	(2.8		)	(3.2		)	(6.9		)	(6.3		)
Net investment income	$	172.0		$	173.0		$	350.1		$	359.8

Net Investment Gains

Net investment gains" reported on the accompanying Condensed Consolidated Statements of Operations were as follows:



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Net realized gains before other-than-temporary impairments	$	73.0		$	69.7		$	245.5		$	151.6
Gross other-than-temporary impairments	(0.4		)	(4.8		)	(0.9		)	(18.9		)
Non-credit portion of other-than-temporary impairments included in other comprehensive income	—			0.7			—			1.6
Net realized gains on fixed maturity available-for-sale securities	72.6			65.6			244.6			134.3
Realized gains on equity securities	1.9			0.1			1.9			0.4
Net realized gains on securities	74.5			65.7			246.5			134.7
Realized gains (losses) on certain derivative instruments	29.7			9.8			45.3			(5.7		)
Unrealized gains on certain derivative instruments	102.5			89.2			61.3			139.5
Change in fair value of derivatives	132.2			99.0			106.6			133.8
Realized gains on other invested assets	—			(1.1		)	0.1			(1.0		)
Net investment gains	$	206.7		$	163.6		$	353.2		$	267.5

Cash Flows from Consolidated Investing Activities by Security

Cash flows from consolidated investing activities by security classification were as follows:



	Six months ended
	March 31, 2013			April 1, 2012
Proceeds from investments sold, matured or repaid:
Available-for-sale	$	5,769.7		$	3,059.7
Held-to-maturity	—			74.9
Trading (acquired for holding)	91.8			9.2
Derivatives and other	154.8			79.4
	$	6,016.3		$	3,223.2
Cost of investments acquired:
Available-for-sale	$	(5,839.0	)	$	(2,022.0	)
Held-to-maturity	—			(34.0		)
Trading (acquired for holding)	(0.9		)	(70.4		)
Derivatives and other	(76.3		)	(67.9		)
	$	(5,916.2	)	$	(2,194.3	)

Derivative Financial Instruments (Tables)

6 Months Ended

Mar. 31, 2013

Derivative [Line Items]

Fair Value of Outstanding Derivative Contracts in Condensed Consolidated Balance Sheets

The fair value of outstanding derivative contracts recorded in the accompanying Condensed Consolidated Balance Sheets were as follows:



Asset Derivatives	Classification	March 31, 2013		September 30, 2012
Derivatives designated as hedging instruments:
Commodity swap and option agreements	Receivables, net	$	0.1	$	1.0
Commodity swap and option agreements	Other assets	0.1		1.0
Foreign exchange forward agreements	Receivables, net	3.0		1.2
Foreign exchange contracts	Other assets	0.1		—
Total asset derivatives designated as hedging instruments		3.3		3.2
Derivatives not designated as hedging instruments:
Commodity contracts	Derivatives	0.2		—
Call options	Derivatives	262.0		200.7
Futures contracts	Derivatives	0.4		—
Foreign exchange contracts	Receivables, net	0.1		—
Total asset derivatives		$	266.0	$	203.9



Liability Derivatives	Classification	March 31, 2013		September 30, 2012
Derivatives designated as hedging instruments:
Commodity contracts	Accounts payable and other current liabilities	$	0.7	$	—
Commodity contracts	Other liabilities	0.1		—
Foreign exchange forward agreements	Accounts payable and other current liabilities	0.7		3.1
Foreign exchange contracts	Other liabilities	0.1		—
Total liability derivatives designated as hedging instruments		1.6		3.1
Derivatives not designated as hedging instruments:
Commodity contracts	Other liabilities	8.3		—
FIA embedded derivative	Contractholder funds	1,639.6		1,550.8
Futures contracts	Other liabilities	—		0.9
Foreign exchange forward agreements	Accounts payable and other current liabilities	3.2		4.0
Foreign exchange forward agreements	Other liabilities	0.8		2.9
Equity conversion feature of preferred stock	Equity conversion feature of preferred stock	202.7		232.0
Total liability derivatives		$	1,856.2	$	1,793.7

Pretax Impact of Derivative Instruments Designated as Cash Flow Hedges on Accompanying Condensed Consolidated Statements of Operations, and Within AOCI



Derivatives in Cash Flow Hedging Relationships	Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion)						Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)						Classification
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Three months ended
Commodity contracts	$	(2.2	)	$	1.2		$	0.2		$	(0.1	)	Consumer products cost of goods sold
Interest rate contracts	—			—			—			(0.2		)	Interest expense
Foreign exchange contracts	0.1			0.4			0.2			(0.1		)	Net consumer products sales
Foreign exchange contracts	3.6			(4.8		)	(0.4		)	(0.7		)	Consumer products cost of goods sold
Total	$	1.5		$	(3.2	)	$	—		$	(1.1	)
Six months ended
Commodity contracts	$	(2.4	)	$	0.4		$	0.1		$	(0.5	)	Consumer products cost of goods sold
Interest rate contracts	—			—			—			(0.9		)	Interest expense
Foreign exchange contracts	0.6			0.3			0.3			(0.2		)	Net consumer products sales
Foreign exchange contracts	3.2			(3.5		)	(0.9		)	(1.9		)	Consumer products cost of goods sold
Total	$	1.4		$	(2.8	)	$	(0.5	)	$	(3.5	)

Summary of Gain (Loss) Recognized in Income on Derivatives

During the three and six months ended March 31, 2013 and April 1, 2012 the Company recognized the following (losses) gains on these derivatives:



Derivatives Not Designated as Hedging Instruments	Gain (Loss) Recognized in Income on Derivatives												Classification
	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Equity conversion feature of preferred stock	$	(39.6	)	$	(26.4	)	$	29.3		$	1.5		(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock
Oil and natural gas commodity contracts	(8.8		)	—			(8.8		)	—			Other expense, net
Foreign exchange contracts	1.8			(3.5		)	(2.3		)	3.8			Other expense, net
Call options	118.5			73.4			97.6			93.3			Net investment gains
Futures contracts	13.7			25.6			9.0			40.5			Net investment gains
FIA embedded derivatives	(122.6		)	(41.7		)	(88.8		)	(100.4		)	Benefits and other changes in policy reserves
Total	$	(37.0	)	$	27.4		$	36.0		$	38.7

Volumes and Fair Value of Oil and Natural Gas Derivative Financial Instruments

The following table presents the volumes and fair value of the EXCO/HGI Partnership's oil and natural gas derivative financial instruments as of March 31, 2013:



(in millions, except prices)	Volume Mmbtus/Bbls	Weighted average strike price per Mmbtu/Bbl		Fair value at March 31, 2013
Natural gas:
Swaps:
Remainder of 2013	15.4	$	3.72	$	(6.0	)
2014	10.9	4.14		(1.0		)
Total natural gas	26.2			$	(7.0	)
Oil:
Swaps:
Remainder of 2013	0.3	$	94.05	$	(0.8	)
2014	0.3	91.87		(0.3		)
Total oil	0.6			$	(1.1	)
Total oil and natural gas commodity contract derivatives				$	(8.1	)

Commodity contracts [Member]

Derivative [Line Items]

Summary of Gain (Loss) Recognized in Income on Derivatives



	Three and six months ended
	March 31, 2013
Cash settlements on derivative financial instruments	$	0.6
Non-cash change in fair value of derivative financial instruments	(9.4		)
Loss on oil and natural gas commodity contracts	$	(8.8	)

Call options [Member]

Derivative [Line Items]

FGL's Exposure to Credit Loss on Call Options Held

Information regarding FGL’s exposure to credit loss on the call options it holds is presented in the following table:



		March 31, 2013				September 30, 2012
Counterparty	Credit Rating (Moody's/S&P)	Notional Amount		Fair Value		Notional Amount		Fair Value
Bank of America	Baa2/A-	$	1,936.9	$	81.0	$	1,884.0	$	64.1
Morgan Stanley	Baa1/A-	1,938.6		80.3		1,634.7		51.6
Deutsche Bank	A2/A+	1,723.0		69.6		1,816.5		61.7
Royal Bank of Scotland	Baa1/A-	468.0		27.7		353.9		19.6
Barclay's Bank	A2/A+	116.7		3.4		131.3		3.1
Credit Suisse	A2/A	—		—		10.0		0.6
		$	6,183.2	$	262.0	$	5,830.4	$	200.7

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References+ Details

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details

Fair Value of Financial Instruments (Tables)

6 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Assets and Liabilities Carrying at Fair Value on Recurring Basis

The carrying amounts and estimated fair values of the Company’s consolidated financial instruments for which the disclosure of fair values is required, including (i) financial assets and liabilities measured and carried at fair value on a recurring basis, and (ii) financial assets and liabilities not measured at fair value but for which fair value disclosures are required; are summarized according to the hierarchy previously described as follows:



	March 31, 2013
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets
Cash and cash equivalents (a)	$	1,475.0	$	—	$	—	$	1,475.0	$	1,475.0
Contingent purchase price reduction receivable	—		—		41.0		41.0		41.0
Derivatives:
Foreign exchange forward agreements	—		3.2		—		3.2		3.2
Commodity swap and option agreements	—		0.4		—		0.4		0.4
Call options and futures contracts	—		262.4		—		262.4		262.4
Fixed maturity securities, available-for-sale:
Asset-backed securities	—		1,413.1		5.3		1,418.4		1,418.4
Commercial mortgage-backed securities	—		540.0		6.2		546.2		546.2
Corporates	—		10,434.8		356.5		10,791.3		10,791.3
Hybrids	—		466.9		—		466.9		466.9
Municipals	—		1,077.7		—		1,077.7		1,077.7
Agency residential mortgage-backed securities	—		126.0		—		126.0		126.0
Non-agency residential mortgage-backed securities	—		1,298.5		—		1,298.5		1,298.5
U.S. Government	349.3		109.2		—		458.5		458.5
Equity securities:
Available-for-sale	—		245.7		10.0		255.7		255.7
Trading	57.7		—		—		57.7		57.7
Policy loans and other invested assets	—		—		32.4		32.4		32.4
Asset-backed loans	—		—		241.6		241.6		241.6
Total financial assets	$	1,882.0	$	15,977.9	$	693.0	$	18,552.9	$	18,552.9

Liabilities
Total debt (a)	$	—	$	4,881.4	$	—	$	4,881.4	$	4,596.7
Derivatives:
FIA embedded derivatives, included in contractholder funds	—		—		1,639.6		1,639.6		1,639.6
Foreign exchange forward agreements	—		4.8		—		4.8		4.8
Commodity swap and option agreements	—		9.1		—		9.1		9.1
Equity conversion feature of preferred stock	—		—		202.7		202.7		202.7
Redeemable preferred stock, excluding equity conversion feature	—		—		379.4		379.4		326.8
Investment contracts, included in contractholder funds	—		—		12,288.1		12,288.1		13,770.3
Total financial liabilities	$	—	$	4,895.3	$	14,509.8	$	19,405.1	$	20,550.0



	September 30, 2012
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets
Cash and cash equivalents (a)	$	1,468.4	$	2.3	$	—	$	1,470.7	$	1,470.7
Contingent purchase price reduction receivable	—		—		41.0		41.0		41.0
Derivatives:
Foreign exchange forward agreements	—		1.2		—		1.2		1.2
Commodity swap and option agreements	—		2.0		—		2.0		2.0
Call options	—		200.7		—		200.7		200.7
Fixed maturity securities, available-for-sale:
Asset-backed securities	—		1,012.0		15.9		1,027.9		1,027.9
Commercial mortgage-backed securities	—		548.8		5.0		553.8		553.8
Corporates	—		10,873.7		135.3		11,009.0		11,009.0
Hybrids	—		519.4		8.8		528.2		528.2
Municipals	—		1,224.0		—		1,224.0		1,224.0
Agency residential mortgage-backed securities	—		155.0		—		155.0		155.0
Non-agency residential mortgage-backed securities	—		660.6		—		660.6		660.6
U.S. Government	930.4		—		—		930.4		930.4
Equity securities
Available-for-sale	—		248.1		—		248.1		248.1
Trading	146.8		—		—		146.8		146.8
U.S. Treasuries and certificate of deposit, held-to-maturity	—		35.0		—		35.0		35.0
Policy loans and other invested assets	—		—		18.8		18.8		18.8
Asset-backed loans	—		—		180.1		180.1		180.1
Total financial assets	$	2,545.6	$	15,482.8	$	404.9	$	18,433.3	$	18,433.3

Liabilities
Total debt (a)	$	524.0	$	1,804.8	$	—	$	2,328.8	$	2,167.0
Derivatives:
FIA embedded derivatives, included in contractholder funds	—		—		1,550.8		1,550.8		1,550.8
Futures contracts	—		0.9		—		0.9		0.9
Foreign exchange forward agreements	—		10.0		—		10.0		10.0
Commodity swap and option agreements	—		—		—		—		—
Equity conversion feature of preferred stock	—		—		232.0		232.0		232.0
Redeemable preferred stock, excluding equity conversion feature	—		—		368.9		368.9		319.2
Investment contracts, included in contractholder funds	—		—		12,271.9		12,271.9		13,739.6
Total financial liabilities	$	524.0	$	1,815.7	$	14,423.6	$	16,763.3	$	18,019.5


(a)	The fair values of cash equivalents, short-term investments and debt set forth above are generally based on quoted or observed market prices.


(b)	The carrying amounts of trade receivables, accounts payable, accrued investment income and portions of other insurance liabilities approximate fair value due to their short duration and, accordingly, they are not presented in the tables above.

Schedule of Unobservable Inputs Used for Level Three Fair Value Measurements of Financial Instruments on Recurring Basis



			Fair Value at				Range (Weighted average)
Assets	Valuation Technique	Unobservable Input(s)	March 31, 2013		September 30, 2012		March 31, 2013	September 30, 2012
Contingent purchase price reduction receivable	Discounted cash flow	Probability of collection	$	41.0	$	41.0	88% - 96% (92%)	88% - 96% (92%)
		Expected term					9 months	9 months
		Discount rate					0.94%	0.72%
		Credit insurance risk premium					11%	12%
Asset-backed securities	Broker-quoted	Offered quotes	5.3		15.9		109%	100% - 110% (103%)
Commercial mortgage-backed securities	Broker-quoted	Offered quotes	6.2		5.0		104%	101%
Corporates	Broker-quoted	Offered quotes	353.9		103.3		0% - 116% (91%)	0% - 141% (69%)
Corporates	Market pricing	Quoted prices	2.6		32.0		88% - 141% (123%)	88% - 158% (98%)
Hybrids	Broker-quoted	Offered quotes	—		8.8		—	0% - 103% (25%)
Equity	Broker-quoted	Offered quotes	10.0		—		100%	—
Total			$	419.0	$	206.0

Liabilities
FIA embedded derivatives, included in contractholder funds	Discounted cash flow	Market value of option	$	1,639.6	$	1,550.8	0% - 35% (4%)	0% - 31% (4%)
		SWAP rates					0.95% - 2% (1.5%)	0.76% - 2% (1%)
		Mortality multiplier					80%	70%
		Surrender rates					0.50% - 75% (7%)	2% - 50% (7%)
		Non-performance spread					0.25% - 0.25% (0.25%)	0.25% - 0.25% (0.25%)
Equity conversion feature of preferred stock	Monte Carlo simulation / Option model	Annualized volatility of equity	202.7		232.0		43%	41%
		Discount yield					11%	12% - 13% (12%)
		Non-cash accretion rate					0%	0%
		Calibration adjustment					12% - 14% (13%)	10% - 13% (11%)
Total			$	1,842.3	$	1,782.8

Changes in Fair Value of Financial Instruments



	Three months ended March 31, 2013
	Balance at Beginning of Period		Total Gains (Losses)												Net transfer In (Out) of Level 3 (a)			Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales		Settlements			Net transfer In (Out) of Level 3 (a)			Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	41.0	$	—		$	—	$	—	$	—	$	—		$	—		$	41.0
Fixed maturity securities available-for-sale:
Asset-backed securities	5.3		—			—		—		—		—			—			5.3
Commercial mortgage-backed securities	6.1		—			0.1		—		—		—			—			6.2
Corporates	256.1		(0.1		)	3.2		144.2		—		(13.0		)	(33.9		)	356.5
Hybrids	5.0		—			—		—		—		—			(5.0		)	—
Equity securities available-for-sale	—		—			—		10.0		—		—			—			10.0
Total assets at fair value	$	313.5	$	(0.1	)	$	3.3	$	154.2	$	—	$	(13.0	)	$	(38.9	)	$	419.0

Liabilities
FIA embedded derivatives, included in contractholder funds	$	1,517.0	$	122.6		$	—	$	—	$	—	$	—		$	—		$	1,639.6
Equity conversion feature of preferred stock	163.1		39.6			—		—		—		—			—			202.7
Total liabilities at fair value	$	1,680.1	$	162.2		$	—	$	—	$	—	$	—		$	—		$	1,842.3



	Six months ended March 31, 2013
	Balance at Beginning of Period		Total Gains (Losses)														Net transfer In (Out) of Level 3 (a)			Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI			Purchases		Sales			Settlements			Net transfer In (Out) of Level 3 (a)			Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	41.0	$	—		$	—		$	—	$	—		$	—		$	—		$	41.0
Fixed maturity securities available-for-sale:
Asset-backed securities	15.9		—			(0.1		)	—		—			—			(10.5		)	5.3
Commercial mortgage-backed securities	5.0		—			0.2			1.0		—			—			—			6.2
Corporates	135.3		(0.3		)	1.2			277.4		(9.6		)	(13.7		)	(33.8		)	356.5
Hybrids	8.8		—			(0.1		)	—		—			—			(8.7		)	—
Equity securities available-for-sale	—		—			—			10.0		—			—			—			10.0
Total assets at fair value	$	206.0	$	(0.3	)	$	1.2		$	288.4	$	(9.6	)	$	(13.7	)	$	(53.0	)	$	419.0

Liabilities
FIA embedded derivatives, included in contractholder funds	$	1,550.8	$	88.8		$	—		$	—	$	—		$	—		$	—		$	1,639.6
Equity conversion feature of preferred stock	232.0		(29.3		)	—			—		—			—			—			202.7
Total liabilities at fair value	$	1,782.8	$	59.5		$	—		$	—	$	—		$	—		$	—		$	1,842.3


(a)	The net transfers in and out of Level 3 during the three and six months ended March 31, 2013 were exclusively to or from Level 2.



	Three months ended April 1, 2012
	Balance at Beginning of Period		Total Gains (Losses)													Net transfer In (Out) of Level 3 (a)			Balance at End of Period
	Balance at Beginning of Period		Included in Earnings		Included in AOCI			Purchases		Sales			Settlements			Net transfer In (Out) of Level 3 (a)			Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	—	$	41.0	$	—		$	—	$	—		$	—		$	—		$	41.0
Fixed maturity securities available-for-sale:
Asset-backed securities	400.7		—		10.7			93.6		—			(12.8		)	10.8			503.0
Corporates	138.5		0.1		(1.4		)	1.3		(9.7		)	(8.8		)	0.1			120.1
Hybrids	5.1		—		—			—		—			—			—			5.1
Municipals	0.1		—		0.1			10.2		—			—			—			10.4
Agency residential mortgage-backed securities	3.3		—		—			—		—			—			—			3.3
Non-agency residential mortgage-backed securities	3.7		—		(0.1		)	—		—			(0.1		)	(2.3		)	1.2
Total assets at fair value	$	551.4	$	41.1	$	9.3		$	105.1	$	(9.7	)	$	(21.7	)	$	8.6		$	684.1

Liabilities
FIA embedded derivatives, included in contractholder funds	$	1,455.0	$	41.7	$	—		$	—	$	—		$	—		$	—		$	1,496.7
Equity conversion feature of preferred stock	47.5		26.4		—			—		—			—			—			73.9
Available-for-sale embedded derivatives	0.4		—		—			—		—			—			—			0.4
Total liabilities at fair value	$	1,502.9	$	68.1	$	—		$	—	$	—		$	—		$	—		$	1,571.0



	Six months ended April 1, 2012
	Balance at Beginning of Period		Total Gains (Losses)														Net transfer In (Out) of Level 3 (a)			Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI			Purchases		Sales			Settlements			Net transfer In (Out) of Level 3 (a)			Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	—	$	41.0		$	—		$	—	$	—		$	—		$	—		41.0
Fixed maturity securities available-for-sale:
Asset-backed securities	374.5		—			6.1			132.4		—			(20.8		)	10.8			503.0
Corporates	159.7		—			(2.3		)	1.3		(16.7		)	(11.6		)	(10.3		)	120.1
Hybrids	5.2		—			(0.1		)	—		—			—			—			5.1
Municipals	—		—			0.1			10.2		—			—			0.1			10.4
Agency residential mortgage-backed securities	3.3		—			—			—		—			—			—			3.3
Non-agency residential mortgage-backed securities	3.8		—			(0.1		)	—		—			(0.2		)	(2.3		)	1.2
Total assets at fair value	$	546.5	$	41.0		$	3.7		$	143.9	$	(16.7	)	$	(32.6	)	$	(1.7	)	$	684.1

Liabilities
FIA embedded derivatives, included in contractholder funds	$	1,396.3	$	100.4		$	—		$	—	$	—		$	—		$	—		$	1,496.7
Equity conversion feature of preferred stock	75.4		(1.5		)	—			—		—			—			—			73.9
Available-for-sale embedded derivatives	0.4		—			—			—		—			—			—			0.4
Total liabilities at fair value	$	1,472.1	$	98.9		$	—		$	—	$	—		$	—		$	—		$	1,571.0


(a)	The net transfers in and out of Level 3 during the three and six months ended April 1, 2012 was exclusively to or from Level 2.

Goodwill and Intangibles, including DAC and VOBA (Tables)

6 Months Ended

Mar. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances



				Intangible Assets
	Goodwill			Indefinite Lived			Definite Lived			VOBA			DAC			Total
Balance at Balance at September 30, 2012	$	694.2		$	841.1		$	873.9		$	104.3		$	169.2		$	1,988.5
Acquisitions (Note 3)	748.0			330.0			172.8			—			—			502.8
Deferrals	—			—			—			—			71.5			71.5
Less: Components of amortization -
Periodic amortization	—			—			(37.2		)	(108.2		)	(32.2		)	(177.6		)
Interest	—			—			—			10.6			5.3			15.9
Unlocking	—			—			—			21.9			4.2			26.1
Reclassifications	—			—			—			—			—			—
Adjustment for unrealized investment (gains), net	—			—			—			61.8			(11.6		)	50.2
Effect of translation	(8.2		)	(6.5		)	(3.4		)	—			—			(9.9		)
Balance at Balance at March 31, 2013	$	1,434.0		$	1,164.6		$	1,006.1		$	90.4		$	206.4		$	2,467.5

Summary of Definite Lived Intangible Assets

Definite lived intangible assets are summarized as follows:



	March 31, 2013						September 30, 2012
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net		Amortizable Life
Customer relationships	$	864.6	$	136.5	$	728.1	$	796.2	$	113.0	$	683.2	15 to 20 years
Trade names	170.5		36.9		133.6		150.8		28.3		122.5		1 to 12 years
Technology assets	174.7		30.3		144.4		91.0		22.8		68.2		4 to 17 years
	$	1,209.8	$	203.7	$	1,006.1	$	1,038.0	$	164.1	$	873.9

Summary of Amortization Expense of Definite Lived Intangible Assets

Amortization expense for definite lived intangible assets is as follows:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Customer relationships	$	11.3	$	10.3	$	21.7	$	19.9
Trade names	4.3		3.1		7.9		6.2
Technology assets	4.5		2.4		7.6		4.3
	$	20.1	$	15.8	$	37.2	$	30.4

Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods

Estimated amortization expense for VOBA and DAC in future fiscal periods is as follows:



	Estimated Amortization Expense
Fiscal Year	VOBA		DAC
2013	$	20.6	$	6.5
2014	49.7		17.7
2015	45.6		18.6
2016	41.7		17.9
2017	35.1		16.9
Thereafter	175.3		191.1

Debt (Tables)

6 Months Ended

Mar. 31, 2013

Debt Disclosure [Abstract]

Summary of Debt

The Company’s consolidated debt consists of the following:



	March 31, 2013					September 30, 2012
	Amount			Rate		Amount		Rate
HGI:
7.875% Senior Secured Notes, due July 15, 2019	$	700.0		7.875	%	$	—	—
10.625% Senior Secured Notes, due November 15, 2015	—			—		500.0		10.625	%
Spectrum Brands:
Term loan, due December 17, 2019	795.0			4.6	%	—		—
Former term loan facility	—			—		370.2		5.1	%
9.5% Senior Secured Notes, due June 15, 2018	950.0			9.5	%	950.0		9.5	%
6.75% Senior Notes, due March 15, 2020	300.0			6.75	%	300.0		6.75	%
6.375% Senior Notes, due November 15, 2020	520.0			6.375	%	—		—
6.625% Senior Notes, due November 15, 2022	570.0			6.625	%	—		—
ABL Facility, expiring May 24, 2017	76.5			2.8	%	—		4.3	%
Other notes and obligations	21.9			10.6	%	18.1		10.9	%
Capitalized lease obligations	29.7			6.3	%	26.7		6.2	%
FGL
6.375% Senior Notes, due April 1, 2021	300.0			6.375	%	—		—
EXCO/HGI Production Partners
EXCO/HGI Partnership Credit Agreement, due February 14, 2018	278.6			2.7	%	—		—
Salus
Unaffiliated long-term debt of consolidated variable-interest entity	63.5			5.80	%	—		—
Total	4,605.2					2,165.0
Original issuance (discounts) premiums on debt, net	(8.5		)			2.0
Total debt	4,596.7					2,167.0
Less current maturities	29.5					16.4
Non-current portion of debt	$	4,567.2				$	2,150.6

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 55

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

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-Section 45

-Paragraph 1A

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

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-Section 50

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5

Reference 7: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

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Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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-SubTopic 10

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-Paragraph 7

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

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-Paragraph 8

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Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(e),(f))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Defined Benefit Plans (Tables)

6 Months Ended

Mar. 31, 2013

Compensation and Retirement Disclosure [Abstract]

Components of Consolidated Net Periodic Benefit and Deferred Compensation Benefit Costs and Contributions Made

The components of consolidated net periodic benefit and deferred compensation benefit costs and contributions made are as follows:



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Service cost	$	0.9		$	0.7		$	1.7		$	1.3
Interest cost	2.7			2.7			5.3			4.9
Expected return on assets	(2.4		)	(2.3		)	(4.9		)	(3.8		)
Recognized net actuarial loss	0.6			0.3			1.1			0.3
Employee contributions	(0.1		)	(0.1		)	(0.1		)	(0.1		)
Net periodic benefit expense	$	1.7		$	1.3		$	3.1		$	2.6
Contributions made during period	$	1.2		$	1.7		$	1.9		$	2.6

Reinsurance (Tables)

6 Months Ended

Mar. 31, 2013

Reinsurance Disclosures [Abstract]

Effect of Reinsurance on Premiums Earned, Benefits Incurred and Reserve Changes

The effect of reinsurance on premiums earned, benefits incurred and reserve changes were as follows:



	Three months ended												Six months ended
	March 31, 2013						April 1, 2012						March 31, 2013						April 1, 2012
	Insurance Premiums			Benefits and Other Changes in Insurance Policy Reserves			Insurance Premiums			Benefits and Other Changes in Insurance Policy Reserves			Insurance Premiums			Benefits and Other Changes in Insurance Policy Reserves			Insurance Premiums			Benefits and Other Changes in Insurance Policy Reserves
Direct	$	70.0		$	289.3		$	75.0		$	287.1		$	142.4		$	428.9		$	151.2		$	524.8
Assumed	3.3			1.0			12.1			9.5			15.4			7.5			24.3			18.0
Ceded	(59.2		)	(49.4		)	(73.8		)	(54.8		)	(129.9		)	(111.9		)	(145.4		)	(124.1		)
Net	$	14.1		$	240.9		$	13.3		$	241.8		$	27.9		$	324.5		$	30.1		$	418.7

Stock Compensation (Tables)

6 Months Ended

Mar. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Consolidated Stock Compensation Expense

The Company recognized consolidated stock compensation expense as follows:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Stock compensation expense	$	15.7	$	7.3	$	22.2	$	11.8
Less:
Related tax benefit	0.2		—		0.5		—
Noncontrolling interest	4.9		2.9		6.3		4.9
Net	$	10.6	$	4.4	$	15.4	$	6.9

Summary of Stock Options Outstanding and Related Activity



	HGI					FGL
Stock Option Awards	Options	Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Options		Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Stock options outstanding at September 30, 2012	2,285	$	4.96	$	1.77	201		$	38.20	$	3.90
Granted	1,528	8.52		3.53		194		49.45		3.85
Exercised	—	—		—		(15	)	38.14		3.90
Forfeited or expired	—	—		—		—		—		—
Stock options outstanding at March 31, 2013	3,813	6.38		2.47		380		43.34		3.88
Stock options vested and exercisable at March 31, 2013	846	6.08		2.32		—		—		—
Stock options outstanding and expected to vest	2,966	6.47		2.52		330		43.34		3.88

Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity



	HGI				Spectrum Brands
Restricted Stock Awards	Shares		Weighted Average Grant Date Fair Value		Shares	Weighted Average Grant Date Fair Value
Restricted stock outstanding at September 30, 2012	830		$	4.93	13	$	28.00
Granted	3,256		8.52		—	—
Vested	(633	)	8.23		—	—
Restricted stock outstanding at March 31, 2013	3,453		7.71		13	28.00
Restricted stock expected to vest	3,453		7.71		13	28.00



	HGI				Spectrum Brands				FGL
Restricted Stock Units	Units		Weighted Average Grant Date Fair Value		Units		Weighted Average Grant Date Fair Value		Units	Weighted Average Grant Date Fair Value
Restricted stock units outstanding at September 30, 2012	17		$	4.61	1,931		$	28.45	—	$	—
Granted	9		8.33		636		45.03		52	3.85
Vested	(17	)	4.61		(1,005	)	28.31		—	—
Forfeited	—		—		(266	)	28.99		—	—
Restricted stock units outstanding at March 31, 2013	9		—		1,296		36.58		52	3.85
Restricted stock units vested and exercisable at March 31, 2013	22		4.61		—		—		—	—
Restricted stock units expected to vest	9		8.33		1,296		36.58		41	3.85

Assumptions Used in Determination of Grant Date Fair Values Using Black-Scholes Option Pricing Model

The following assumptions were used in the determination of these grant date fair values using the Black-Scholes option pricing model:



	2013	2012
Risk-free interest rate	0.85%	1.19%
Assumed dividend yield	—%	—%
Expected option term	5.3 to 6.0 years	6.0 years
Volatility	42.8% to 44.0%	33.0%

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References+ Details

Earnings Per Share (Tables)

6 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Summary of Basic and Diluted EPS

The following table sets forth the computation of basic and diluted EPS (share amounts in thousands):



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Net (loss) income attributable to common and participating preferred stockholders	$	(45.5	)	$	(3.9	)	$	16.5		$	19.9

Participating shares at end of period:
Common shares outstanding	139,724			139,349			139,724			139,349
Preferred shares (as-converted basis)	62,839			62,215			62,839			62,215
Total	202,563			201,564			202,563			201,564

Percentage of (loss) income allocated to:
Common shares	100.0		%	100.0		%	69.0		%	69.1		%
Preferred shares (a)	—		%	—		%	31.0		%	30.9		%

Net (loss) income attributable to common shares - basic	$	(45.5	)	$	(3.9	)	$	11.4		$	13.8

Dilutive adjustments to (loss) income attributable to common shares from assumed conversion of preferred shares, net of tax:
Income allocated to preferred shares in basic calculation	—			—			5.1			—
Reversal of preferred stock dividends and accretion	—			—			24.3			—
Reversal of income related to fair value of preferred stock conversion feature	—			—			(29.3		)	—
Net adjustment	—			—			0.1			—

Net (loss) income attributable to common shares - diluted	$	(45.5	)	$	(3.9	)	$	11.5		$	13.8

Weighted-average common shares outstanding - basic	139,724			139,346			139,604			139,346
Dilutive effect of preferred stock	—			—			62,839			—
Dilutive effect of unvested restricted stock and restricted stock units	—			—			1,856			—
Dilutive effect of stock options	—			—			592			—
Weighted-average shares outstanding - diluted	139,724			139,346			204,891			139,346

Net (loss) income per common share attributable to controlling interest:
Basic	$	(0.33	)	$	(0.03	)	$	0.08		$	0.10
Diluted	$	(0.33	)	$	(0.03	)	$	0.06		$	0.10


(a)	Losses are not allocated to the convertible participating preferred shares since they have no contractual obligation to share in such losses.

Other Required Disclosures (Tables)

6 Months Ended

Mar. 31, 2013

Other Required Disclosures [Abstract]

Schedule of Variable Interest Entities

The table below summarizes select information related to the CLO vehicle in which Salus held a variable interest at March 31, 2013.



	March 31, 2013
Maximum loss exposure	$	201.3
Asset-backed loans receivable	$	201.3
Cash and other assets	28.4
Total assets of consolidated VIE	229.7
Long-term debt	225.0
Other liabilities	3.2
Total liabilities of consolidated VIE	$	228.2

Schedule of Equity Method Investments



	March 31, 2013
Assets
Total current assets	$	46.6
Oil and natural gas properties, net	831.8
Other assets	34.6
Total assets	$	913.0

Liabilities and members' equity
Total current liabilities	$	51.7
Total long-term liabilities	406.0
Total members' equity	455.3
Total liabilities and members' equity	$	913.0



	Three and six months ended
	March 31, 2013
Revenues	$	22.4
Costs and Expenses
Oil and natural gas direct operating costs	11.8
Selling, acquisition, operating and general expenses	9.6
Total costs and expenses	21.4
Operating income	1.0
Other expense	(13.1		)
Net loss	$	(12.1	)

Components of Receivables, Net

Receivables, net" in the accompanying Condensed Consolidated Balance Sheets consist of the following:



	March 31, 2013		September 30, 2012
Trade accounts receivable
Consumer products	$	508.5	$	357.2
Oil and natural gas	21.9		—
Total trade accounts receivable	530.4		357.2
Contingent purchase price reduction receivable (Note 3)	41.0		41.0
Other receivables	50.5		38.1
Total receivables	621.9		436.3
Less: Allowance for doubtful trade accounts receivable	28.5		21.9
Total receivables, net	$	593.4	$	414.4

Components of Inventories

Inventories of Spectrum Brands which are stated at the lower of cost or market, consist of the following:



	March 31, 2013		September 30, 2012
Raw materials	$	112.1	$	58.5
Work-in-process	51.6		23.4
Finished goods	541.7		370.7
Total inventories	$	705.4	$	452.6

Components of Properties

Properties, including oil and natural gas properties, net, consist of the following:



	March 31, 2013		September 30, 2012
Oil and natural gas properties (full accounting method)
Unproved oil and natural gas properties and development costs not being amortized	$	52.9	$	—
Proved developed and undeveloped oil and natural gas properties	572.5		—
Less: Accumulated depletion	5.7		—
Total oil and natural gas properties, net	619.7		—
Other properties
Land, buildings and improvements	121.2		93.6
Gas gathering assets	21.5		—
Machinery, equipment and other	413.9		325.7
Construction in progress	34.0		18.4
Total other properties, at cost	590.6		437.7
Less: Accumulated depreciation	244.7		216.1
Total other properties, net	345.9		221.6
Total properties, including oil and natural gas properties, net	$	965.6	$	221.6

Schedule of Other Assets

Other assets" in the accompanying Condensed Consolidated Balance Sheets consist of the following:



	March 31, 2013		September 30, 2012
Prepaid expenses and other current assets	$	168.5	$	53.1
Debt issuance costs	94.2		50.9
Deferred charges and other assets	112.0		68.6
Total other assets	$	374.7	$	172.6

Components of Accounts Payable and Other Current Liabilities

"Accounts payable and other current liabilities" in the accompanying Condensed Consolidated Balance Sheets consist of the following:



	March 31, 2013		September 30, 2012
Accounts payable	$	401.7	$	325.9
Wages and benefits	86.3		110.9
Income taxes payable	31.4		96.6
Accrued interest	76.8		50.4
Accrued expenses	22.7		25.1
Oil and natural gas revenues and royalties payable	19.1		—
Accrued dividends on Preferred Stock	8.4		8.3
Restructuring and related charges	7.7		6.6
Other	141.4		130.4
Total accounts payable and other current liabilities	$	795.5	$	754.2

Schedule of Other Liabilities

"Other liabilities" in the accompanying Condensed Consolidated Balance Sheets consist of the following:



	March 31, 2013		September 30, 2012
Amounts payable for investment purchases	$	95.7	$	206.7
Retained asset account	208.2		203.7
Amounts payable to reinsurers	30.1		32.0
Remittances and items not allocated	36.4		29.5
Oil and natural gas asset-retirement obligations	24.3		—
Other	94.2		128.7
Total other liabilities	$	488.9	$	600.6

Reconciliation of Asset Retirement Obligations

Asset retirement obligations

The following is a reconciliation of the EXCO/HGI Partnership's asset retirement obligations for the period from inception to March 31, 2013:



	March 31, 2013
Asset retirement obligations at inception	$	18.5
Activity during the period:
Adjustment to liability due to acquisitions	5.5
Accretion of discount	0.3
Asset retirement obligations at end of period	24.3
Less: Current portion	1.2
Long-term portion	$	23.1

Summarization of Restructuring and Related Charges

The following table summarizes restructuring and related charges incurred by the Global Cost Reduction Initiatives, as well as other initiatives which were not significant, for the three months ended March 31, 2013 and April 1, 2012 and where those charges are classified in the accompanying Condensed Consolidated Statements of Operations:



	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012		Charges Since Inception		Expected Future Charges		Total Projected Costs		Expected Completion Date
Initiatives:
Global Cost Reduction	$	5.2	$	4.2	$	11.7	$	11.3	$	94.7	$	6.2	$	100.9	January 31, 2015
Other	2.7		0.1		2.8		0.7
	$	7.9	$	4.3	$	14.5	$	12.0

Classification:
Consumer products cost of goods sold	$	2.6	$	1.7	$	3.7	$	6.3
Selling, acquisition, operating and general expenses	5.3		2.6		10.8		5.7
	$	7.9	$	4.3	$	14.5	$	12.0

Summarization of Remaining Accrual Balance Associated with Initiatives and Activity

The following table summarizes the remaining accrual balance associated with the initiatives and the activity during the six months ended March 31, 2013:



	Accrual Balance at September 30, 2012		Provisions		Cash Expenditures			Accrual Balance at March 31, 2013		Expensed as Incurred (a)
Global Cost Reduction Initiatives:
Termination benefits	$	3.3	$	4.5	$	(2.7	)	$	5.1	$	0.7
Other costs	1.1		0.3		(0.6		)	0.8		6.2
	4.4		4.8		(3.3		)	5.9		6.9
Other initiatives	2.2		—		(0.4		)	1.8		0.2
	$	6.6	$	4.8	$	(3.7	)	$	7.7	$	7.1

___________________


(a)	Consists of amounts not impacting the accrual for restructuring and related charges.

Segment Data (Tables)

6 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Segment Information

Accordingly, the Company currently operates its business in four reporting segments: (i) Consumer Products, (ii) Insurance, (iii) Energy, and (iv) Financial Services.



	Three months ended						Six months ended
	March 31, 2013			April 1, 2012			March 31, 2013			April 1, 2012
Revenues:
Consumer Products	$	987.8		$	746.3		$	1,858.0		$	1,595.1
Insurance	402.7			359.1			746.3			676.3
Energy	16.7			—			16.7			—
Financial Services	8.7			0.4			19.3			0.4
Intersegment elimination	(4.0		)	(0.1		)	(6.1		)	(0.1		)
Consolidated revenues	$	1,411.9		$	1,105.7		$	2,634.2		$	2,271.7

Operating income (loss):
Consumer Products	$	52.3		$	55.2		$	120.4		$	138.9
Insurance	109.4			55.8			273.0			91.0
Energy	0.5			—			0.5			—
Financial Services	5.2			(0.8		)	12.5			(1.0		)
Intersegment elimination	(3.9		)	(0.1		)	(6.1		)	(0.1		)
Total segments	163.5			110.1			400.3			228.8
Corporate expenses (a)	(29.5		)	(14.2		)	(50.9		)	(21.1		)
Consolidated operating income	134.0			95.9			349.4			207.7
Interest expense	(75.7		)	(84.1		)	(218.8		)	(140.0		)
(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock	(39.6		)	(26.4		)	29.3			1.5
Gain on contingent purchase price reduction	—			41.0			—			41.0
Other expense, net	(3.2		)	(9.7		)	(11.9		)	(8.5		)
Consolidated income from continuing operations before income taxes	$	15.5		$	16.7		$	148.0		$	101.7



Total assets:	March 31, 2013			September 30, 2012
Consumer Products	$	5,520.7		$	3,751.6
Insurance	21,295.5			20,990.3
Energy	680.1			—
Financial Services	295.7			195.1
Intersegment elimination	(316.8		)	(182.1		)
Total segments	27,475.2			24,754.9
Corporate assets	241.5			445.5
Consolidated total assets	$	27,716.7		$	25,200.4



	Six months ended
Total cash provided from operating activities:	March 31, 2013			April 1, 2012
Consumer Products	$	(197.8	)	$	(148.9	)
Insurance	188.3			104.4
Energy	2.7			—
Financial Services	(1.4		)	0.2
Total cash provided from segment operating activities	(8.2		)	(44.3		)
Cash used in corporate operating activities	(79.2		)	150.6
Consolidated cash provided from operating activities	$	(87.4	)	$	106.3

__________________


(a)	Included in corporate expenses for the three and six months ended March 31, 2013 and April 1, 2012, are $0.0 and $0.9, and $0.9 and $1.7, respectively, for start-up costs relating to Front Street and Salus, and $4.7 and $11.1, and $0.6 and $2.1, respectively, relating to acquisitions and other projects.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details

Consolidating Financial Information (Tables)

6 Months Ended

Mar. 31, 2013

Text Block [Abstract]

Schedule of Balance Sheet Information

Harbinger Group Inc. - Condensed Consolidating Balance Sheet Information



March 31, 2013	Consumer Products		Insurance		Energy		Financial Services		Corporate and Other		Eliminations			Total
Assets:
Investments	$	—	$	16,734.0	$	0.2	$	241.6	$	57.7	$	—		$	17,033.5
Investments in subsidiaries and affiliates	—		48.2		—		—		2,222.3		(2,270.5		)	—
Affiliated loans and receivables	—		267.2		—		1.4		—		(268.6		)	—
Cash and cash equivalents	77.5		1,194.5		11.1		41.1		150.8		—			1,475.0
Receivables, net	529.6		41.0		22.8		—		—		—			593.4
Inventories, net	705.4		—		—		—		—		—			705.4
Accrued investment income	—		169.5		—		—		—		—			169.5
Reinsurance recoverable	—		2,330.4		—		—		—		—			2,330.4
Deferred tax assets	23.0		139.8		—		—		4.9		—			167.7
Properties, net	316.3		7.4		641.1		0.5		0.3		—			965.6
Goodwill	1,434.0		—		—		—		—		—			1,434.0
Intangibles, including DAC and VOBA, net	2,170.7		296.8		—		—		—		—			2,467.5
Other assets	264.2		66.7		4.9		11.1		27.8		—			374.7
Total assets	$	5,520.7	$	21,295.5	$	680.1	$	295.7	$	2,463.8	$	(2,539.1	)	$	27,716.7



Liabilities and Equity:
Insurance reserves	$	—	$	19,087.8	$	—	$	—	$	—	$	—		$	19,087.8
Debt	3,258.9		300.0		278.6		63.5		695.7		—			4,596.7
Accounts payable and other current liabilities	678.7		29.9		30.0		0.2		56.7		—			795.5
Equity conversion feature of preferred stock	—		—		—		—		202.7		—			202.7
Employee benefit obligations	99.6		—		—		—		4.9		—			104.5
Deferred tax liabilities	509.0		1.3		—		—		4.9		—			515.2
Other liabilities	32.4		411.5		32.6		12.2		0.2		—			488.9
Affiliated debt and payables	—		1.4		101.1		166.1		—		(268.6		)	—
Total liabilities	4,578.6		19,831.9		442.3		242.0		965.1		(268.6		)	25,791.3
Temporary equity	—		—		—		—		326.8		—			326.8
Total stockholders' equity	515.9		1,463.6		237.8		53.2		1,171.9		(2,270.5		)	1,171.9
Noncontrolling interests	426.2		—		—		0.5		—		—			426.7
Total permanent equity	942.1		1,463.6		237.8		53.7		1,171.9		(2,270.5		)	1,598.6
Total liabilities and equity	$	5,520.7	$	21,295.5	$	680.1	$	295.7	$	2,463.8	$	(2,539.1	)	$	27,716.7



September 30, 2012	Consumer Products		Insurance		Energy		Financial Services		Corporate and Other		Eliminations			Total
Assets:
Investments	$	—	$	16,556.7	$	—	$	180.1	$	181.6	$	—		$	16,918.4
Investment in subsidiaries and affiliates	—		32.0		—		—		1,858.2		(1,890.2		)	—
Affiliated loans and receivables	—		150.1		—		—		—		(150.1		)	—
Cash and cash equivalents	158.0		1,054.6		—		12.4		245.7		—			1,470.7
Receivables, net	373.4		41.0		—		—		—		—			414.4
Inventories, net	452.6		—		—		—		—		—			452.6
Accrued investment income	—		191.6		—		—		—		—			191.6
Reinsurance recoverable	—		2,363.1		—		—		—		—			2,363.1
Deferred tax assets	28.2		279.6		—		—		4.9		—			312.7
Properties, net	214.0		6.9		—		0.4		0.3		—			221.6
Goodwill	694.2		—		—		—		—		—			694.2
Intangibles, including DAC and VOBA, net	1,715.0		273.5		—		—		—		—			1,988.5
Other assets	116.2		41.2		—		2.2		13.0		—			172.6
Total assets	$	3,751.6	$	20,990.3	$	—	$	195.1	$	2,303.7	$	(2,040.3	)	$	25,200.4

Liabilities and Equity:
Insurance reserves	$	—	$	19,051.0	$	—	$	—	$	—	$	—		$	19,051.0
Debt	1,669.3		—		—		—		497.7		—			2,167.0
Accounts payable and other current liabilities	594.2		93.2		—		—		66.8		—			754.2
Equity conversion feature of preferred stock	—		—		—		—		232.0		—			232.0
Employee benefit obligations	90.0		—		—		—		5.1		—			95.1
Deferred tax liabilities	377.5		—		—		—		4.9		—			382.4
Other liabilities	31.6		555.3		—		13.3		0.4		—			600.6
Affiliated debt and payables	—		—		—		150.1		—		(150.1		)	—
Total liabilities	2,762.6		19,699.5		—		163.4		806.9		(150.1		)	23,282.3
Temporary equity	—		—		—		—		319.2		—			319.2
Total stockholders' equity	567.7		1,290.8		—		31.7		1,177.6		(1,890.2		)	1,177.6
Noncontrolling interests	421.3		—		—		—		—		—			421.3
Total permanent equity	989.0		1,290.8		—		31.7		1,177.6		(1,890.2		)	1,598.9
Total liabilities and equity	$	3,751.6	$	20,990.3	$	—	$	195.1	$	2,303.7	$	(2,040.3	)	$	25,200.4

Schedule of Income Statement Information

Harbinger Group Inc. - Condensed Consolidating Statements of Operations Information



Six months ended March 31, 2013	Consumer Products			Insurance		Energy			Financial Services			Corporate and Other			Eliminations			Total
Revenues:
Net consumer product sales	$	1,858.0		$	—	$	—		$	—		$	—		$	—		$	1,858.0
Oil and natural gas	—			—		16.7			—			—			—			16.7
Insurance premiums	—			27.9		—			—			—			—			27.9
Net investment income	—			336.9		—			18.4			—			(5.2		)	350.1
Net investment gains	—			353.2		—			—			—			—			353.2
Insurance and investment product fees and other	—			28.3		—			0.9			—			(0.9		)	28.3
Total revenues	1,858.0			746.3		16.7			19.3			—			(6.1		)	2,634.2
Operating costs and expenses:
Consumer products cost of goods sold	1,247.0			—		—			—			—			—			1,247.0
Oil and natural gas direct operating costs	—			—		8.8			—			—			—			8.8
Benefits and other changes in policy reserves	—			324.5		—			—			—			—			324.5
Selling, acquisition, operating and general expenses	453.4			50.4		7.4			6.8			50.9			—			568.9
Amortization of intangibles	37.2			98.4		—			—			—			—			135.6
Total operating costs and expenses	1,737.6			473.3		16.2			6.8			50.9			—			2,284.8
Operating income	120.4			273.0		0.5			12.5			(50.9		)	(6.1		)	349.4
Equity in net income (losses) of subsidiaries	—			—		—			—			148.0			(148.0		)	—
Interest expense	(130.2		)	—		(0.9		)	—			(87.7		)	—			(218.8		)
Affiliated interest income	—			1.1		(1.1		)	(5.5		)	—			5.5			—
(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock	—			—		—			—			29.3			—			29.3
Other income (expense), net	(5.3		)	0.3		(8.9		)	(0.1		)	2.1			—			(11.9		)
(Loss) income from continuing operations before income taxes	(15.1		)	274.4		(10.4		)	6.9			40.8			(148.6		)	148.0
Income tax expense	39.8			90.6		—			—			—			—			130.4
Net (loss) income	(54.9		)	183.8		(10.4		)	6.9			40.8			(148.6		)	17.6
Less: Net loss attributable to noncontrolling interest	(23.5		)	—		—			0.3			—			—			(23.2		)
Net (loss) income attributable to controlling interest	(31.4		)	183.8		(10.4		)	6.6			40.8			(148.6		)	40.8
Less: Preferred stock dividends and accretion	—			—		—			—			24.3			—			24.3
Net (loss) income attributable to common and participating preferred stockholders	$	(31.4	)	$	183.8	$	(10.4	)	$	6.6		$	16.5		$	(148.6	)	$	16.5



Six months ended April 1, 2012	Consumer Products			Insurance			Energy		Financial Services			Corporate and Other			Eliminations			Total
Revenues:
Net consumer product sales	$	1,595.1		$	—		$	—	$	—		$	—		$	—		$	1,595.1
Oil and natural gas	—			—			—		—			—			—			—
Insurance premiums	—			30.1			—		—			—			—			30.1
Net investment income	—			359.5			—		0.4			—			(0.1		)	359.8
Net investment gains	—			267.5			—		—			—			—			267.5
Insurance and investment product fees and other	—			19.2			—		—			—			—			19.2
Total revenues	1,595.1			676.3			—		0.4			—			(0.1		)	2,271.7
Operating costs and expenses:
Consumer products cost of goods sold	1,051.0			—			—		—			—			—			1,051.0
Benefits and other changes in policy reserves	—			418.7			—		—			—			—			418.7
Selling, acquisition, operating and general expenses	374.8			81.5			—		1.4			21.1			—			478.8
Amortization of intangibles	30.4			85.1			—		—			—			—			115.5
Total operating costs and expenses	1,456.2			585.3			—		1.4			21.1			—			2,064.0
Operating income	138.9			91.0			—		(1.0		)	(21.1		)	(0.1		)	207.7
Equity in net income (losses) of subsidiaries	—			—			—		—			108.0			(108.0		)	—
Interest expense	(110.4		)	(1.3		)	—		—			(28.3		)	—			(140.0		)
Affiliated interest income	—			—			—		(0.1		)	—			0.1			—
(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock	—			—			—		—			1.5			—			1.5
Gain on contingent purchase price reduction	—			41.0			—		—			—			—			41.0
Other expense, net	—			—			—		—			(8.5		)	—			(8.5		)
Income from continuing operations before income taxes	28.5			130.7			—		(1.1		)	51.6			(108.0		)	101.7
Income tax expense	44.1			12.3			—		—			—			—			56.4
Net (loss) income	(15.6		)	118.4			—		(1.1		)	51.6			(108.0		)	45.3
Less: Net loss attributable to noncontrolling interest	(6.2		)	—			—		—			—			—			(6.2		)
Net (loss) income attributable to controlling interest	(9.4		)	118.4			—		(1.1		)	51.6			(108.0		)	51.5
Less: Preferred stock dividends and accretion	—			—			—		—			31.6			—			31.6
Net (loss) income attributable to common and participating preferred stockholders	$	(9.4	)	$	118.4		$	—	$	(1.1	)	$	20.0		$	(108.0	)	$	19.9

Description of Business, Basis of Presentation and Recent Accounting Pronouncements - Additional Information (Detail)	6 Months Ended						6 Months Ended												0 Months Ended						1 Months Ended
	Mar. 31, 2013 USD ($) Segment	Sep. 30, 2012 USD ($)	Feb. 14, 2013 Salus Capital Partners L L C [Member] Variable Interest Entity, Primary Beneficiary [Member] USD ($)	Feb. 14, 2013 Salus Capital Partners L L C [Member] Variable Interest Entity, Primary Beneficiary [Member] Maximum [Member] USD ($)	Mar. 31, 2013 Fidelity And Guaranty Life Holdings [Member] 6.375% Senior Notes, Due April 1, 2021 [Member] USD ($)	Sep. 30, 2012 Fidelity And Guaranty Life Holdings [Member] 6.375% Senior Notes, Due April 1, 2021 [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member]	Mar. 31, 2013 Spectrum Brands [Member] 6.375% Senior Notes [Member] USD ($)	Sep. 30, 2012 Spectrum Brands [Member] 6.375% Senior Notes [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member] 6.625% Notes [Member] USD ($)	Sep. 30, 2012 Spectrum Brands [Member] 6.625% Notes [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member] Term Loan, due December 17, 2019 [Member] USD ($)	Dec. 30, 2012 Spectrum Brands [Member] Term Loan, due December 17, 2019 [Member] USD ($)	Dec. 30, 2012 Spectrum Brands [Member] Term Loan, due December 17, 2019 [Member] CAD	Mar. 31, 2013 Spectrum Brands [Member] Previous Term Loan Facility [Member] USD ($)	Dec. 30, 2012 Spectrum Brands [Member] Previous Term Loan Facility [Member] USD ($)	Sep. 30, 2012 Spectrum Brands [Member] Previous Term Loan Facility [Member] USD ($)	Mar. 31, 2013 Zap Com Corporation [Member]	Jan. 01, 2013 Fgl Reinsurance Agreement With Fsr [Member] USD ($)	Mar. 05, 2013 EXCO/HGI Partnership [Member] EXCO/HGI Partnership Credit Agreement [Member] USD ($)	Feb. 14, 2013 EXCO/HGI Partnership [Member] EXCO/HGI Partnership Credit Agreement [Member] USD ($)	Mar. 31, 2013 HGI [Member] 7.875% Senior Secured Notes, due July 15, 2019 [Member] USD ($)	Dec. 30, 2012 HGI [Member] 7.875% Senior Secured Notes, due July 15, 2019 [Member] USD ($)	Sep. 30, 2012 HGI [Member] 7.875% Senior Secured Notes, due July 15, 2019 [Member] USD ($)	Dec. 30, 2012 HGI [Member] 10.625% Senior Secured Notes, due November 15, 2015 [Member] USD ($)	Mar. 31, 2013 HGI [Member] 10.625% Senior Secured Notes, due November 15, 2015 [Member] USD ($)	Sep. 30, 2012 HGI [Member] 10.625% Senior Secured Notes, due November 15, 2015 [Member] USD ($)	Feb. 14, 2013 EXCO/HGI Partnership [Member] USD ($)	Feb. 14, 2013 EXCO/HGI Partnership [Member] HGI [Member] USD ($)	Mar. 05, 2013 Cotton-Valley Oil and Gas Properties [Member] USD ($)	Mar. 05, 2013 Cotton-Valley Oil and Gas Properties [Member] EXCO/HGI Partnership [Member] USD ($)	Mar. 05, 2013 Cotton-Valley Oil and Gas Properties [Member] HGI [Member] USD ($)
Business Acquisition [Line Items]
Percentage of common stock outstanding collectively held by principal stockholders	74.60%
Voting interest	55.60%
Company' s beneficial ownership of outstanding common stock							57.40%
Business Acquisition Percentage Of Equity Interests Acquired																													74.50%
Secondary offering, shares	23,000,000
Secondary offering, price per share	$ 7.50
Debt, face amount					$ 300,000,000			$ 520,000,000		$ 570,000,000			$ 800,000,000.0	100,000,000.0									$ 700,000,000.0		$ 498,000,000.0
Long-term debt, interest rate					6.375%			6.375%		6.625%		4.60%					5.10%					7.875%	7.875%		10.625%		10.625%
Discharge of remaining outstanding																									2,000,000
Line of credit, maximum borrowing capacity													800,000,000	100,000,000						470,000,000.0	400,000,000.0
Long-term debt	4,605,200,000	2,165,000,000			300,000,000			520,000,000		570,000,000		795,000,000				370,200,000	370,200,000					700,000,000.0					500,000,000
Reinsurance arrangment in percentage																			10.00%
Payments for reinsurance																			1,500,000,000
Asset-backed loans	241,600,000	180,100,000	175,500,000	250,000,000
Business combination, assets acquired																												$ 516,100,000	$ 692,500,000	$ 130,900,000	$ 97,500,000	$ 130,900,000
Percentage of ownership interest acquired																		97.90%
Number of reporting segments	4

Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended			3 Months Ended	6 Months Ended
	Mar. 31, 2013 agreement	Mar. 31, 2013 EXCO/HGI Partnership [Member] Unproved oil and natural gas properties and development costs not being amortized [Member]	Feb. 14, 2013 EXCO/HGI Partnership [Member] Unproved oil and natural gas properties and development costs not being amortized [Member]	Mar. 31, 2013 HGI Energy Holdings, LLC [Member] EXCO/HGI Partnership [Member]	Mar. 31, 2013 HGI Energy Holdings, LLC [Member] EXCO/HGI Partnership [Member]	Mar. 31, 2013 HGI Energy Holdings, LLC [Member] EXCO/HGI Partnership [Member] Maximum [Member] Gas Gathering Assets [Member]
Reserve Quantities [Line Items]
Oil and natural gas properties (full accounting method)		$ 52.9	$ 48.5
Unproved oil and natural gas properties, expected period of evaluation and transfer to depletable portion					4 years
Unamortized costs exceed ceiling limitations				234.0
Partnership, period used to determin expected future prices	5 years
Property, plant and equipment useful life						14 years
Partnership, number of types of agreements generally sold	2
Overhead charges					$ 0.6

- Definition

Capitalized costs of unproved properties incurred for any combination mineral interests acquisitions and other costs not previously disclosed within this table.

+ References+ Details

Acquisitions - Schedule of Preliminary purchase price (Detail) (USD $) In Millions, unless otherwise specified	Dec. 17, 2012 HHI Business [Member]	Nov. 08, 2012 Shaser Biosciences, Inc. [Member]
Business Acquisition [Line Items]
Negotiated sales price	$ 1,300.0	$ 50.0
Preliminary working capital and other adjustments	(10.6)	(0.4)
Preliminary purchase price	$ 1,289.4	$ 49.6

Acquisitions - Additional Information (Detail) (USD $)	3 Months Ended	6 Months Ended			6 Months Ended							0 Months Ended		0 Months Ended																0 Months Ended												0 Months Ended
Acquisitions - Additional Information (Detail) (USD $)	Mar. 31, 2013	Mar. 31, 2013	Apr. 01, 2012	Sep. 30, 2012	Mar. 31, 2013 Minimum [Member]	Mar. 31, 2013 Maximum [Member]	Mar. 31, 2013 VOBA [Member]	Mar. 31, 2013 Technology assets [Member] Minimum [Member]	Mar. 31, 2013 Technology assets [Member] Maximum [Member]	Mar. 31, 2013 Customer relationships [Member] Minimum [Member]	Mar. 31, 2013 Customer relationships [Member] Maximum [Member]	Dec. 17, 2012 HHI Business [Member]	Mar. 31, 2013 HHI Business [Member]	Dec. 17, 2012 HHI Business [Member] Technology assets [Member]	Dec. 17, 2012 HHI Business [Member] Technology assets [Member] Minimum [Member]	Dec. 17, 2012 HHI Business [Member] Technology assets [Member] Maximum [Member]	Dec. 17, 2012 HHI Business [Member] Trade name license agreement [Member]	Dec. 17, 2012 HHI Business [Member] Trade name license agreement [Member] Minimum [Member]	Dec. 17, 2012 HHI Business [Member] Trade name license agreement [Member] Maximum [Member]	Dec. 17, 2012 HHI Business [Member] Trade name [Member]	Dec. 17, 2012 HHI Business [Member] Trade name [Member] Minimum [Member]	Dec. 17, 2012 HHI Business [Member] Trade name [Member] Maximum [Member]	Dec. 17, 2012 HHI Business [Member] Customer relationships [Member]	Dec. 17, 2012 HHI Business [Member] Trademarks and trade names [Member]	Dec. 17, 2012 HHI Business [Member] Trademarks and trade names [Member] Minimum [Member]	Dec. 17, 2012 HHI Business [Member] Trademarks and trade names [Member] Maximum [Member]	Dec. 17, 2012 HHI Business [Member] Business Combination Measurement Period Adjustment [Member]	Mar. 31, 2013 Shaser Biosciences, Inc. [Member]	Nov. 08, 2012 Shaser Biosciences, Inc. [Member]	Nov. 08, 2012 Shaser Biosciences, Inc. [Member] Non-controlling Interest [Member]	Nov. 08, 2012 Shaser Biosciences, Inc. [Member] Technology assets [Member]	Nov. 08, 2012 Shaser Biosciences, Inc. [Member] Call Option exercisable between January 1, 2017 and March 31, 2017 [Member]	Mar. 31, 2013 Shaser Biosciences, Inc. [Member] Business Combination Measurement Period Adjustment [Member]	Feb. 14, 2013 EXCO/HGI Partnership [Member] EXCO [Member]	Feb. 14, 2013 EXCO/HGI Partnership [Member] HGI [Member]	Feb. 14, 2013 EXCO/HGI Partnership [Member] HGI Energy Holdings, LLC [Member]	Feb. 14, 2013 EXCO/HGI Partnership [Member] EXCO/HGI General Partner [Member]	Feb. 14, 2013 EXCO/HGI Partnership [Member]	Mar. 05, 2013 Cotton-Valley Oil and Gas Properties [Member]	Mar. 05, 2013 Cotton-Valley Oil and Gas Properties [Member] HGI [Member]	Mar. 05, 2013 Cotton-Valley Oil and Gas Properties [Member] EXCO/HGI Partnership [Member]	Apr. 06, 2011 FGL [Member]	Mar. 31, 2013 FGL [Member]
Business Acquisition [Line Items]
Negotiated sales price paid												$ 100,000,000
Goodwill	1,434,000,000	1,434,000,000		694,200,000								662,200,000	682,300,000														20,100,000	65,600,000	63,900,000				1,700,000
Deferred tax liability - long-term												104,700,000	115,900,000														11,200,000
Property, plant and equipment												104,500,000	99,300,000														(5,200,000)
Inventory												207,100,000	204,700,000														(2,400,000)
Inventory adjustment to fair value												31,000,000
Property, plant and equipment, net adjustment to fair value												4,000,000
Intangible asset												470,000,000	470,000,000														0	32,800,000	35,500,000				(2,700,000)
Estimated sales growth rate															2.50%	31.00%		2.50%	5.00%		2.50%	5.00%	3.00%		2.50%	5.00%				3.00%	3.00%
Customer retention rate																							95.00%
Estimated Income tax rate	35.00%	35.00%												35.00%			35.00%			35.00%			35.00%	35.00%						35.00%	35.00%
Discounted rate														12.00%			12.00%			12.00%			12.00%	12.00%						12.00%	11.00%
Carrying value, intangible asset														51,000,000			12,000,000			3,000,000			74,000,000	330,000,000							32,800,000
Amortization period, intangible asset					1 year	20 years	5 years 2 months 0 days	4 years	17 years	15 years	20 years						5 years			8 years			20 years								13 years
Royalty rate															4.00%	5.00%	4.00%			3.50%					3.00%	5.00%					10.50%
Expected terminal year growth rate																								2.50%
Remaining legal life												10 years
Deferred tax liabilities, net												122,900,000
Business Acquisition Percentage Of Equity Interests Acquired																													56.00%			44.00%		24.50%	74.50%	73.50%	2.00%
Trailing revenues																																100.00%
Adjusted trailing EBITDA																																700.00%
Non-controlling interest																														39,000,000				119,100,000
Business Combination, Consideration Transferred																																		725,000,000	348,300,000			573,300,000
Preliminary working capital and other adjustments												(10,600,000)																	(400,000)						32,500,000
Purchase price												629,400,000	611,500,000														(17,900,000)	23,000,000	24,700,000				(1,700,000)		692,500,000			516,100,000	130,900,000	130,900,000	97,500,000
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Oil And Natural Gas Properties																																			697,300,000			519,500,000		138,400,000	103,100,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Gas Gathering Assets																																						21,500,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Asset Retirement Obligation																																						18,500,000			5,600,000
Cash consideration		1,903,500,000	185,100,000																																							350,000,000
Cash consideration re-characterized as expense																																										5,000,000
Reduction in purchase price																																										50,000,000
Insurance obligations under annuity contract																																										3,000,000,000
Maximum amount of asset securing reinsurance obligations																																										1,000,000,000
Maximum amount required to pay under Front Street Reinsurance Transaction																																										50,000,000
Fair value assigned to the contingent purchase price reduction																																										0
Estimated a fair value for reduction in purchase price																																											$ 41,000,000

Acquisitions - Summary of Amounts Recorded in Connection with Acquisition of Business (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012	Feb. 14, 2013 EXCO/HGI Partnership [Member] HGI [Member]	Feb. 14, 2013 EXCO/HGI Partnership [Member]	Mar. 05, 2013 Cotton-Valley Oil and Gas Properties [Member]	Mar. 05, 2013 Cotton-Valley Oil and Gas Properties [Member] HGI [Member]	Mar. 05, 2013 Cotton-Valley Oil and Gas Properties [Member] EXCO/HGI Partnership [Member]	Mar. 31, 2013 HHI Business [Member]	Dec. 17, 2012 HHI Business [Member]	Dec. 17, 2012 HHI Business [Member] Business Combination Measurement Period Adjustment [Member]	Mar. 31, 2013 Shaser Biosciences, Inc. [Member]	Nov. 08, 2012 Shaser Biosciences, Inc. [Member]	Mar. 31, 2013 Shaser Biosciences, Inc. [Member] Business Combination Measurement Period Adjustment [Member]
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Cash			$ 0.1	$ 0.1		$ 0	$ 0	$ 23.2	$ 17.4	$ 5.8	$ 0.9	$ 0.9	$ 0
Accounts receivable								109.0	104.6	4.4
Inventory								204.7	207.1	(2.4)
Prepaid expenses and other								9.2	13.3	(4.1)
Property, plant and equipment								99.3	104.5	(5.2)
Intangible asset								470.0	470.0	0	32.8	35.5	(2.7)
Other long-term assets			32.7	24.5		0	0	3.1	3.1	0	2.7	2.7	0
Total assets acquired								918.5	920.0	(1.5)	36.4	39.1	(2.7)
Oil and natural gas properties
Unproved oil and natural gas properties			65.1	48.5		7.2	5.4
Proved developed and undeveloped oil and natural gas properties			632.2	471.0		131.2	97.7
Total oil and natural gas properties			697.3	519.5		138.4	103.1
Accounts payable								138.1	130.1	8.0
Deferred tax liability - current								7.1	7.1	0
Accrued liabilities			(14.1)	(10.5)		0	0	(36.9)	(37.5)	0.6
Deferred tax liability - long-term								115.9	104.7	11.2
Other long-term liabilities			(23.5)	(17.5)		(7.5)	(5.6)	(9.0)	(11.2)	2.2
Total liabilities assumed								307.0	290.6	16.4	13.4	14.4	(1.0)
Total identifiable net assets			692.5	516.1	130.9	130.9	97.5	611.5	629.4	(17.9)	23.0	24.7	(1.7)
Non-controlling interests								(4.4)	(2.2)	(2.2)	(39.0)	(39.0)	0
Goodwill	1,434.0	694.2						682.3	662.2	20.1	65.6	63.9	1.7
Total net assets acquired								$ 1,289.4	$ 1,289.4	$ 0	$ 49.6	$ 49.6	$ 0

Acquisitions - Company's Pro Forma Results (Detail) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Revenues:
Pro forma revenues	$ 1,429.0	$ 1,376.3	$ 2,879.7	$ 2,817.9
Net income:
Pro forma net income	(51.4)	7.0	22.0	68.8
Basic net income per common share attributable to controlling interest:
Pro forma net income per common share (in dollars per share)	$ (0.34)	$ 0.02	$ 0.12	$ 0.27
Diluted (in dollars per share)	$ (0.33)	$ (0.03)	$ 0.06	$ 0.10
Basic (in dollars per share)	$ (0.33)	$ (0.03)	$ 0.08	$ 0.10
Pro forma diluted net income per common share (in dollars per share)	$ (0.34)	$ 0.02	$ 0.08	$ 0.27
Reported Revenues [Member]
Revenues:
Pro forma revenues	1,411.9	1,105.7	2,634.2	2,271.7
Net income:
Pro forma net income	(50.5)	(0.2)	17.6	45.3
HHI Business [Member] \| HHI adjustment [Member]
Revenues:
Pro forma revenues		232.2	191.8	463.9
Net income:
Pro forma net income		10.1	4.9	23.1
Basic net income per common share attributable to controlling interest:
Pro forma net income per common share (in dollars per share)		$ 0.07	$ 0.04	$ 0.17
Pro forma diluted net income per common share (in dollars per share)		$ 0.07	$ 0.02	$ 0.17
EXCO/HGI Partnership [Member] \| HHI adjustment [Member]
Revenues:
Pro forma revenues	17.1	38.4	53.7	82.3
Net income:
Pro forma net income	$ (0.9)	$ (2.9)	$ (0.5)	$ 0.4
Basic net income per common share attributable to controlling interest:
Pro forma net income per common share (in dollars per share)	$ (0.01)	$ (0.02)	$ 0.00	$ 0.00
Pro forma diluted net income per common share (in dollars per share)	$ (0.01)	$ (0.02)	$ 0.00	$ 0.00

- Definition

The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References+ Details

- Definition

The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References+ Details

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 36, 37, 38

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.21)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 18

-Article 7

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 20

-Article 5

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 21

-Article 9

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 55

-Paragraph 52

-URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-04.23)

-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References+ Details

Acquisitions - Summary of Acquisition and Integration Related Charges Incurred (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Business Acquisition [Line Items]
Total acquisition and integration related charges	$ 16.7	$ 8.4	$ 43.9	$ 17.5
SB/RH Merger [Member]
Business Acquisition [Line Items]
Integration costs	0.8	2.8	1.9	5.2
Employee termination charges	0.2	1.9	0.3	2.5
Legal and professional fees	0	0.3	0.1	0.9
Total acquisition and integration related charges	1.0	5.0	2.3	8.6
HHI Business [Member]
Business Acquisition [Line Items]
Integration costs	3.6	0	3.7	0
Employee termination charges	0.1	0	0.1	0
Legal and professional fees	6.5	0	21.0	0
Total acquisition and integration related charges	10.2	0	24.8	0
FGL [Member]
Business Acquisition [Line Items]
Total acquisition and integration related charges	0	0	0	0.1
EXCO/HGI Partnership [Member]
Business Acquisition [Line Items]
Total acquisition and integration related charges	4.1	0	9.1	0
FURminator [Member]
Business Acquisition [Line Items]
Total acquisition and integration related charges	0.6	2.1	1.2	4.6
BlackFlag [Member]
Business Acquisition [Line Items]
Total acquisition and integration related charges	0	0.5	0	1.8
Shaser Biosciences, Inc. [Member]
Business Acquisition [Line Items]
Total acquisition and integration related charges	0.2	0	4.4	0
Other [Member]
Business Acquisition [Line Items]
Total acquisition and integration related charges	$ 0.6	$ 0.8	$ 2.1	$ 2.4

Investments - Available-for-Sale Securities (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Schedule of Investments [Line Items]
Equity Securities, Gross Unrealized Losses	$ (19.9)	$ (30.6)
Total investments, Carrying Value	17,033.5	16,918.4
Derivative investments, Cost or Amortized Cost	141.8	142.1
Derivative investments, Gross Unrealized Gains	124.6	67.0
Derivative investments, Gross Unrealized Losses	(3.8)	(8.4)
Derivative investments, Estimated Fair Value	262.6	200.7
Derivative investments, Carrying Value	262.6	200.7
Asset-Backed Loans, Cost or Amortized Cost	241.6	180.1
Asset-Backed Loans, Gross Unrealized Gain
Asset-Backed Loans, Gross Unrealized Losses
Asset-Backed Loans, Estimated Fair Value	241.6	180.1
Asset-Backed Loans, at Carrying Value	241.6	180.1
Total investments, Cost or Amortized Cost	15,965.3	15,846.3
Total investment, Gross Unrealized Gains	1,136.3	1,156.1
Total investment, Gross Unrealized Losses	(68.1)	(84.0)
Total investment, Estimated Fair Value	17,033.5	16,918.4
Equity securities [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	349.5	429.3
Equity Securities, Gross Unrealized Gains	10.2	11.9
Equity Securities, Gross Unrealized Losses	(46.3)	(46.3)
Equity Securities, Estimated Fair Value	313.4	394.9
Total investments, Carrying Value	313.4	394.9
Equity securities [Member] \| Available-for-sale [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	247.4	237.5
Equity Securities, Gross Unrealized Gains	10.2	11.9
Equity Securities, Gross Unrealized Losses	(1.9)	(1.3)
Equity Securities, Estimated Fair Value	255.7	248.1
Total investments, Carrying Value	255.7	248.1
Equity securities [Member] \| Held for trading [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	102.1	191.8
Equity Securities, Gross Unrealized Gains
Equity Securities, Gross Unrealized Losses	(44.4)	(45.0)
Equity Securities, Estimated Fair Value	57.7	146.8
Total investments, Carrying Value	57.7	146.8
Fixed-maturity securities, available-for-sale [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	15,200.0	15,041.0
Equity Securities, Gross Unrealized Gains	1,001.5	1,077.2
Equity Securities, Gross Unrealized Losses	(18.0)	(29.3)
Equity Securities, Estimated Fair Value	16,183.5	16,088.9
Total investments, Carrying Value	16,183.5	16,088.9
Fixed-maturity securities, available-for-sale [Member] \| Asset-backed securities [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	1,388.5	1,010.9
Equity Securities, Gross Unrealized Gains	30.6	18.6
Equity Securities, Gross Unrealized Losses	(0.7)	(1.6)
Equity Securities, Estimated Fair Value	1,418.4	1,027.9
Total investments, Carrying Value	1,418.4	1,027.9
Fixed-maturity securities, available-for-sale [Member] \| Commercial mortgage-backed securities [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	506.8	520.0
Equity Securities, Gross Unrealized Gains	39.9	36.2
Equity Securities, Gross Unrealized Losses	(0.5)	(2.4)
Equity Securities, Estimated Fair Value	546.2	553.8
Total investments, Carrying Value	546.2	553.8
Fixed-maturity securities, available-for-sale [Member] \| Corporates [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	10,118.0	10,211.8
Equity Securities, Gross Unrealized Gains	686.3	807.2
Equity Securities, Gross Unrealized Losses	(13.0)	(10.0)
Equity Securities, Estimated Fair Value	10,791.3	11,009.0
Total investments, Carrying Value	10,791.3	11,009.0
Fixed-maturity securities, available-for-sale [Member] \| Hybrids [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	438.8	519.0
Equity Securities, Gross Unrealized Gains	28.1	18.8
Equity Securities, Gross Unrealized Losses		(9.6)
Equity Securities, Estimated Fair Value	466.9	528.2
Total investments, Carrying Value	466.9	528.2
Fixed-maturity securities, available-for-sale [Member] \| Municipals [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	969.1	1,083.2
Equity Securities, Gross Unrealized Gains	109.4	141.9
Equity Securities, Gross Unrealized Losses	(0.8)	(1.1)
Equity Securities, Estimated Fair Value	1,077.7	1,224.0
Total investments, Carrying Value	1,077.7	1,224.0
Fixed-maturity securities, available-for-sale [Member] \| Agency residential mortgage-backed securities [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	122.2	149.5
Equity Securities, Gross Unrealized Gains	4.1	5.8
Equity Securities, Gross Unrealized Losses	(0.3)	(0.3)
Equity Securities, Estimated Fair Value	126.0	155.0
Total investments, Carrying Value	126.0	155.0
Fixed-maturity securities, available-for-sale [Member] \| Non-agency residential mortgage-backed securities [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	1,209.5	629.1
Equity Securities, Gross Unrealized Gains	91.6	35.8
Equity Securities, Gross Unrealized Losses	(2.6)	(4.3)
Equity Securities, Estimated Fair Value	1,298.5	660.6
Total investments, Carrying Value	1,298.5	660.6
Fixed-maturity securities, available-for-sale [Member] \| U.S. Government securities [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	447.1	917.5
Equity Securities, Gross Unrealized Gains	11.5	12.9
Equity Securities, Gross Unrealized Losses	(0.1)
Equity Securities, Estimated Fair Value	458.5	930.4
Total investments, Carrying Value	458.5	930.4
Other invested assets [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost		53.8
Equity Securities, Gross Unrealized Gains
Equity Securities, Gross Unrealized Losses
Equity Securities, Estimated Fair Value		53.8
Total investments, Carrying Value		53.8
Other invested assets [Member] \| U.S. Treasuries and certificate of deposit, held-to-maturity [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost		35.0
Equity Securities, Gross Unrealized Gains
Equity Securities, Gross Unrealized Losses
Equity Securities, Estimated Fair Value		35.0
Total investments, Carrying Value		35.0
Other invested assets [Member] \| Policy loans and other invested assets [Member]
Schedule of Investments [Line Items]
Equity Securities, Cost or Amortized Cost	32.4	18.8
Equity Securities, Gross Unrealized Gains
Equity Securities, Gross Unrealized Losses
Equity Securities, Estimated Fair Value	32.4	18.8
Total investments, Carrying Value	$ 32.4	$ 18.8

Investments - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013 Investment industry	Apr. 01, 2012	Mar. 31, 2013 Investment industry	Apr. 01, 2012	Sep. 30, 2012	Jan. 01, 2012
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses included in AOCI related to the non-credit portion of other-than-temporary impairments on non-agency residiential-mortgage-backed securities	$ 19.9		$ 19.9		$ 30.6
Other than temporary impairment credit losses recognized in earnings additions other	0.4	4.1	0.9	17.3
Credit losses in operations, including credit impairments	0.1		0.3
Credit losses in operations, change of intent operations	0.3	1.6	0.7	14.7
Amortized cost on other-than temporary impairments	2.7		2.7			86.9
Fair value on other than temporary impairments	1.8		1.8			68.0
Change-of-intent, and non-credit losses in other comprehensive income		2.6		2.6
Other than temporary impairment losses, available-for-sale securities	0.4	4.1	0.9	17.3
Significant investment, number of industries	1		1
Industry holdings, number of top investments	10		10
Non-agency residential mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Unrealized gains included in AOCI related to the non-credit portion of other than-temporary impairments on non-agency residential-mortgage-backed securities	0.9		0.9		0.9
Unrealized losses included in AOCI related to the non-credit portion of other than-temporary impairments on non-agency residential-mortgage-backed securities	1.9		1.9		1.9
Fair value of securities held on deposit	20.4		20.4		20.7
FGL [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value of investment	2,036.4		2,036.4
Percentage of fair value of the invested assets portfolio	12.20%		12.20%
Investment in issuers	87		87
Percentage of investment accounting	39.60%		39.60%
FGL's exposure to sub-prime	332.3		332.3
FGL's exposure to Alternative-A residential mortgage-backed securities	328.6		328.6
Percentage of FGL's exposure to sub-prime to invested assets	2.00%		2.00%
FGL [Member] \| Stockholders' Equity, Total [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value of investment	1,408.0		1,408.0		1,625.9
Percentage of fair value of the invested assets portfolio	8.40%		8.40%		9.80%
Investment in issuers	10		10		13
Percentage of stockholders equity	10.00%		10.00%
Net Investment Income [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale securities on fixed maturity	2,490.4	1,417.0	4,905.5	3,150.1
Gross gains on available-for-sale securities	71.0	70.1	249.0	162.4
Gross losses on available-for-sale securities	0.1	1.2	0.6	11.7
Concentration [Member] \| FGL [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value of investment	167.7		167.7		152.9
Percentage of fair value of the invested assets portfolio	1.00%		1.00%		0.70%
Insurance and Financial Services [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value on securities	$ 0.1		$ 0.1		$ 1.2
Percentage of amortized cost			20.00%
Percentage of carrying values of all investments (less than 1%)			1.00%

Investments - Amortized Cost and Fair Value of Fixed Maturity Available-for-Sale Securities (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013
Schedule of Available-for-sale Securities [Line Items]
Total fixed maturity available-for-sale securities, Amortized Cost	$ 15,200.0
Total fixed maturity available-for-sale securities, Fair Value	16,183.5
Asset-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Other securities which provide for periodic payments, Amortized Cost	1,388.5
Other securities which provide for periodic payments, Fair Value	1,418.4
Commercial mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Other securities which provide for periodic payments, Amortized Cost	506.8
Other securities which provide for periodic payments, Fair Value	546.2
Structured hybrids [Member]
Schedule of Available-for-sale Securities [Line Items]
Other securities which provide for periodic payments, Amortized Cost	83.6
Other securities which provide for periodic payments, Fair Value	87.1
Agency residential mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Other securities which provide for periodic payments, Amortized Cost	122.2
Other securities which provide for periodic payments, Fair Value	126.0
Non-agency residential mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Other securities which provide for periodic payments, Amortized Cost	1,209.5
Other securities which provide for periodic payments, Fair Value	1,298.5
Non-structured Hybrids [Member] \| Corporate [Member] \| Municipal [Member] \| U.S. Government securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Due in one year or less, Amortized Cost	615.2
Due after one year through five years, Amortized Cost	2,888.8
Due after five years through ten years, Amortized Cost	3,702.2
Due after ten years, Amortized Cost	4,683.2
Subtotal, Amortized Cost	11,889.4
Due in one year or less, Fair Value	619.4
Due after one year through five years, Fair Value	2,985.3
Due after five years through ten years, Fair Value	3,958.0
Due after ten years, Fair Value	5,144.6
Subtotal, Fair Value	$ 12,707.3

Investments - Fair Value and Gross Unrealized Losses of Available-for-Sale Securities (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013 Security	Sep. 30, 2012 Security
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Fair Value, Less than 12 months	$ 1,425.8	$ 681.1
Available-for-sale Securities, Gross Unrealized Losses, Less than 12 Months	(15.1)	(11.9)
Available-for-sale securities, Fair Value, 12 months or longer	251.9	323.8
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer	(4.8)	(18.7)
Available-for-sale securities, Fair Value, Total	1,677.7	1,004.9
Available-for-sale Securities, Gross Unrealized Losses, Total	(19.9)	(30.6)
Total number of available-for-sale securities in an unrealized loss position, Less than 12 months	213	100
Total number of available-for-sale securities in an unrealized loss position, 12 months or longer	51	56
Total number of available-for-sale securities in an unrealized loss position	264	156
Asset-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Fair Value, Less than 12 months	116.3	169.8
Available-for-sale Securities, Gross Unrealized Losses, Less than 12 Months	(0.5)	(1.0)
Available-for-sale securities, Fair Value, 12 months or longer	21.8	7.5
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer	(0.2)	(0.6)
Available-for-sale securities, Fair Value, Total	138.1	177.3
Available-for-sale Securities, Gross Unrealized Losses, Total	(0.7)	(1.6)
Commercial mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Fair Value, Less than 12 months		0.8
Available-for-sale Securities, Gross Unrealized Losses, Less than 12 Months		(0.8)
Available-for-sale securities, Fair Value, 12 months or longer	0.2	10.7
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer	(0.5)	(1.6)
Available-for-sale securities, Fair Value, Total	0.2	11.5
Available-for-sale Securities, Gross Unrealized Losses, Total	(0.5)	(2.4)
Corporates [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Fair Value, Less than 12 months	1,044.4	411.3
Available-for-sale Securities, Gross Unrealized Losses, Less than 12 Months	(11.2)	(8.1)
Available-for-sale securities, Fair Value, 12 months or longer	125.3	45.5
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer	(1.8)	(1.9)
Available-for-sale securities, Fair Value, Total	1,169.7	456.8
Available-for-sale Securities, Gross Unrealized Losses, Total	(13.0)	(10.0)
Equities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Fair Value, Less than 12 months	17.7
Available-for-sale Securities, Gross Unrealized Losses, Less than 12 Months	(0.7)
Available-for-sale securities, Fair Value, 12 months or longer	32.2	44.5
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer	(1.2)	(1.3)
Available-for-sale securities, Fair Value, Total	49.9	44.5
Available-for-sale Securities, Gross Unrealized Losses, Total	(1.9)	(1.3)
Hybrids [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Fair Value, Less than 12 months		13.4
Available-for-sale Securities, Gross Unrealized Losses, Less than 12 Months		(0.4)
Available-for-sale securities, Fair Value, 12 months or longer		107.7
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer		(9.2)
Available-for-sale securities, Fair Value, Total		121.1
Available-for-sale Securities, Gross Unrealized Losses, Total		(9.6)
Municipals [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Fair Value, Less than 12 months	79.1	71.1
Available-for-sale Securities, Gross Unrealized Losses, Less than 12 Months	(0.8)	(1.1)
Available-for-sale securities, Fair Value, 12 months or longer
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer
Available-for-sale securities, Fair Value, Total	79.1	71.1
Available-for-sale Securities, Gross Unrealized Losses, Total	(0.8)	(1.1)
Agency residential mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Fair Value, Less than 12 months	4.9	1.8
Available-for-sale Securities, Gross Unrealized Losses, Less than 12 Months	(0.2)	(0.2)
Available-for-sale securities, Fair Value, 12 months or longer	4.1	6.1
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer	(0.1)	(0.1)
Available-for-sale securities, Fair Value, Total	9.0	7.9
Available-for-sale Securities, Gross Unrealized Losses, Total	(0.3)	(0.3)
Non-agency residential mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Fair Value, Less than 12 months	143.4	12.9
Available-for-sale Securities, Gross Unrealized Losses, Less than 12 Months	(1.6)	(0.3)
Available-for-sale securities, Fair Value, 12 months or longer	68.3	101.8
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer	(1.0)	(4.0)
Available-for-sale securities, Fair Value, Total	211.7	114.7
Available-for-sale Securities, Gross Unrealized Losses, Total	(2.6)	(4.3)
U.S. Government securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, Fair Value, Less than 12 months	20.0
Available-for-sale Securities, Gross Unrealized Losses, Less than 12 Months	(0.1)
Available-for-sale securities, Fair Value, 12 months or longer	0
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer	0
Available-for-sale securities, Fair Value, Total	20.0
Available-for-sale Securities, Gross Unrealized Losses, Total	$ (0.1)

Investments - Reconciliation of Other than Temporary Impairment on Fixed Maturity (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Investments, Debt and Equity Securities [Abstract]
Balance at the beginning of the period	$ 2.7	$ 2.1	$ 2.7	$ 0.7
Increases attributable to credit losses on securities:
Other-than-temporary impairment was not previously recognized	0	0.5	0	1.9
Balance at the end of the period	$ 2.7	$ 2.6	$ 2.7	$ 2.6

- Definition

The cumulative amount of credit losses recognized in earnings related to debt securities held for which a portion of an other than temporary impairment (OTTI) was recognized in other comprehensive income (a component of shareholders' equity).

+ References+ Details

Investments - Other-than-Temporary Impairments (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Other-than-temporary impairments recognized in net income:
Total other-than-temporary impairments	$ 0.4	$ 4.1	$ 0.9	$ 17.3
Corporates [Member]
Other-than-temporary impairments recognized in net income:
Total other-than-temporary impairments	0	0	0	0.7
Non-agency residential mortgage-backed securities [Member]
Other-than-temporary impairments recognized in net income:
Total other-than-temporary impairments	0.4	3.3	0.9	6.1
Hybrids [Member]
Other-than-temporary impairments recognized in net income:
Total other-than-temporary impairments	0	0	0	9.7
Other Invested Assets [Member]
Other-than-temporary impairments recognized in net income:
Total other-than-temporary impairments	$ 0	$ 0.8	$ 0	$ 0.8

- Definition

The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.

+ References+ Details

Investments - Portfolio of Asset-Backed Loans and Other Invested Assets (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Asset-backed loans, by major industry:
Total asset-backed loans	$ 244.4	$ 181.5
Less: Allowance for credit losses	2.8	1.4
Total asset-backed loans, net	241.6	180.1
Wholesale [Member]
Asset-backed loans, by major industry:
Total asset-backed loans	66.0	77.2
Apparel [Member]
Asset-backed loans, by major industry:
Total asset-backed loans	96.7	70.1
Jewelry [Member]
Asset-backed loans, by major industry:
Total asset-backed loans	39.2	27.9
Other [Member]
Asset-backed loans, by major industry:
Total asset-backed loans	$ 42.5	$ 6.3

Investments - Schedule of Allowance for Credit Losses (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Allowance for credit losses:
Balance at beginning of period	$ 2.6		$ 1.4
Provision for credit losses	0.2	0.2	1.4	0.2
Charge-offs
Recoveries
Balance at end of period	$ 2.8	$ 0.2	$ 2.8	$ 0.2

- Definition

The sum of the periodic provision charged to earnings, based on an assessment of uncollectibility from the counterparty on account of loan, lease or other credit losses, to reduce these accounts to the amount that approximates their net realizable value.

+ References+ Details

Investments - Schedule of Credit Quality of Asset-Based Loan Portfolio (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Asset-based loans, by credit quality rating
Total asset-backed loans	$ 244.4	$ 181.5
Total asset-backed loans, percent	100.00%	100.00%
Asset-based loans, by credit quality Rating 1 [Member] \| Credit Rating AAA/AA/A [Member]
Asset-based loans, by credit quality rating
Total asset-backed loans	18.0	75.8
Total asset-backed loans, percent	7.40%	41.70%
Asset-based loans, by credit quality Rating 2 [Member] \| Credit Rating BBB [Member]
Asset-based loans, by credit quality rating
Total asset-backed loans	200.2	94.9
Total asset-backed loans, percent	81.90%	52.30%
Asset-based loans, by credit quality Rating 3 [Member] \| Credit Rating B [Member]
Asset-based loans, by credit quality rating
Total asset-backed loans		10.8
Total asset-backed loans, percent		6.00%
Asset-based loans, by credit quality Rating 4 [Member] \| Credit Rating B [Member]
Asset-based loans, by credit quality rating
Total asset-backed loans
Total asset-backed loans, percent
Asset-based loans, by credit quality Rating 5 [Member] \| Credit Rating CCC [Member]
Asset-based loans, by credit quality rating
Total asset-backed loans	26.2
Total asset-backed loans, percent	10.70%
Not Rated [Member]
Asset-based loans, by credit quality rating
Total asset-backed loans
Total asset-backed loans, percent

Investments - Net Investment Income (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Schedule of Investments [Line Items]
Gross investment income	$ 174.8	$ 176.2	$ 357.0	$ 366.1
External investment expense	(2.8)	(3.2)	(6.9)	(6.3)
Net investment income	172.0	173.0	350.1	359.8
Fixed maturity available-for-sale securities [Member]
Schedule of Investments [Line Items]
Gross investment income	165.9	170.5	333.5	357.7
Equity available-for-sale securities [Member]
Schedule of Investments [Line Items]
Gross investment income	2.9	3.4	7.6	6.0
Policy loans [Member]
Schedule of Investments [Line Items]
Gross investment income	0.2	0.1	0.5	0.4
Invested cash and short-term investments [Member]
Schedule of Investments [Line Items]
Gross investment income	0.4	1.3	1.2	1.4
Other investments [Member]
Schedule of Investments [Line Items]
Gross investment income	$ 5.4	$ 0.9	$ 14.2	$ 0.6

- Definition

Income derived from investments in debt and equity securities and on cash and cash equivalents. Interest income represents earnings which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Dividend income represents a distribution of earnings to shareholders by investee companies.

+ References+ Details

Investments - Net Investment Gains (Losses) (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Net Investment Gains (Losses)
Net realized gains before other-than-temporary impairments	$ 73.0	$ 69.7	$ 245.5	$ 151.6
Gross other-than-temporary impairments	(0.4)	(4.8)	(0.9)	(18.9)
Non-credit portion of other-than-temporary impairments included in other comprehensive income		0.7		1.6
Net realized gains on fixed maturity available-for-sale securities	72.6	65.6	244.6	134.3
Realized gains on equity securities	1.9	0.1	1.9	0.4
Net realized gains on securities	74.5	65.7	246.5	134.7
Realized gains (losses) on certain derivative instruments	29.7	9.8	45.3	(5.7)
Unrealized gains on certain derivative instruments	102.5	89.2	61.3	139.5
Change in fair value of derivatives	132.2	99.0	106.6	133.8
Realized gains on other invested assets		(1.1)	0.1	(1.0)
Net investment gains	$ 206.7	$ 163.6	$ 353.2	$ 267.5

Investments - Cash Flows from Consolidated Investing Activities by Security (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012
Gain (Loss) on Investments [Line Items]
Proceeds from investments sold, matured or repaid	$ 6,016.3	$ 3,223.2
Cost of investments acquired	(5,916.2)	(2,194.3)
Available-for-sale Securities [Member]
Gain (Loss) on Investments [Line Items]
Proceeds from investments sold, matured or repaid	5,769.7	3,059.7
Cost of investments acquired	(5,839.0)	(2,022.0)
Held-to-maturity Securities [Member]
Gain (Loss) on Investments [Line Items]
Proceeds from investments sold, matured or repaid		74.9
Cost of investments acquired		(34.0)
Trading (acquired for holding) [Member]
Gain (Loss) on Investments [Line Items]
Proceeds from investments sold, matured or repaid	91.8	9.2
Cost of investments acquired	(0.9)	(70.4)
Derivative and other [Member]
Gain (Loss) on Investments [Line Items]
Proceeds from investments sold, matured or repaid	154.8	79.4
Cost of investments acquired	$ (76.3)	$ (67.9)

- Definition

The cash inflow associated with the sale, maturity and collection of all investments such as debt, security and so forth during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3179-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 16

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 31

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Derivative Financial Instruments - Fair Value of Outstanding Derivative Contracts in Condensed Consolidated Balance Sheets (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Derivatives, Fair Value [Line Items]
Total asset derivatives	$ 262.6	$ 200.7
Call options [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	262.0	200.7
Derivatives designated as hedging instruments [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	3.3	3.2
Total liability derivatives	1.6	3.1
Derivatives designated as hedging instruments [Member] \| Commodity swap and option agreements [Member] \| Receivables, net [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.1	1.0
Derivatives designated as hedging instruments [Member] \| Commodity swap and option agreements [Member] \| Other assets [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.1	1.0
Derivatives designated as hedging instruments [Member] \| Foreign exchange forward agreements [Member] \| Receivables, net [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	3.0	1.2
Derivatives designated as hedging instruments [Member] \| Foreign exchange forward agreements [Member] \| Accounts payable and other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.7	3.1
Derivatives designated as hedging instruments [Member] \| Foreign exchange contracts [Member] \| Other assets [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.1	0
Derivatives designated as hedging instruments [Member] \| Foreign exchange contracts [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.1	0
Derivatives designated as hedging instruments [Member] \| Commodity contracts [Member] \| Accounts payable and other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.7	0
Derivatives designated as hedging instruments [Member] \| Commodity contracts [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.1	0
Derivatives Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	266.0	203.9
Total liability derivatives	1,856.2	1,793.7
Derivatives Not Designated as Hedging Instrument [Member] \| Equity conversion feature of preferred stock [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	202.7	232.0
Derivatives Not Designated as Hedging Instrument [Member] \| Foreign exchange forward agreements [Member] \| Accounts payable and other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	3.2	4.0
Derivatives Not Designated as Hedging Instrument [Member] \| Foreign exchange forward agreements [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.8	2.9
Derivatives Not Designated as Hedging Instrument [Member] \| Foreign exchange contracts [Member] \| Receivables, net [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.1	0
Derivatives Not Designated as Hedging Instrument [Member] \| Commodity contracts [Member] \| Derivatives [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.2	0
Derivatives Not Designated as Hedging Instrument [Member] \| Commodity contracts [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	8.3	0
Derivatives Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Derivatives [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	262.0	200.7
Derivatives Not Designated as Hedging Instrument [Member] \| FIA embedded derivatives [Member] \| Contractholder funds [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	1,639.6	1,550.8
Derivatives Not Designated as Hedging Instrument [Member] \| Futures contracts [Member] \| Derivatives [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.4	0
Derivatives Not Designated as Hedging Instrument [Member] \| Futures contracts [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives		$ 0.9

- Definition

Fair value of derivative asset, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.

+ References+ Details

- Definition

Fair value of derivative liability, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.

+ References+ Details

Derivative Financial Instruments - Pretax Impact of Derivative Instruments Designated as Cash Flow Hedges on the Accompanying Condensed Consolidated Statements of Operations, and Within AOCI (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion)	$ 1.5	$ (3.2)	$ 1.4	$ (2.8)
Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	0	(1.1)	(0.5)	(3.5)
Consumer products cost of goods sold [Member] \| Commodity contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion)	(2.2)	1.2	(2.4)	0.4
Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	0.2	(0.1)	0.1	(0.5)
Consumer products cost of goods sold [Member] \| Foreign exchange contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion)	3.6	(4.8)	3.2	(3.5)
Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	(0.4)	(0.7)	(0.9)	(1.9)
Interest expense [Member] \| Interest rate contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion)
Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)		(0.2)		(0.9)
Net consumer products sales [Member] \| Foreign exchange contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion)	0.1	0.4	0.6	0.3
Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	$ 0.2	$ (0.1)	$ 0.3	$ (0.2)

- Definition

The effective portion of net gain (loss) reclassified from accumulated other comprehensive income into income on derivative instruments designated and qualifying as hedging instruments.

+ References+ Details

- Definition

The effective portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments that was recognized in other comprehensive income during the current period.

+ References+ Details

Derivative Financial Instruments - Summary of Gain (Loss) Recognized in Income on Derivatives (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivatives	$ (37.0)	$ 27.4	$ 36.0	$ 38.7
Equity conversion feature of preferred stock [Member] \| Gain from the change in the fair value of the equity conversion feature of preferred stock [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivatives	(39.6)	(26.4)	29.3	1.5
Commodity contracts [Member] \| Other (expense) income, net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivatives	(8.8)	0	(8.8)	0
Foreign exchange contracts [Member] \| Other (expense) income, net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivatives	1.8	(3.5)	(2.3)	3.8
Call options [Member] \| Net investment gains [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivatives	118.5	73.4	97.6	93.3
Futures contracts [Member] \| Net investment gains [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivatives	13.7	25.6	9.0	40.5
FIA embedded derivatives [Member] \| Benefits and other changes in policy reserves [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivatives	$ (122.6)	$ (41.7)	$ (88.8)	$ (100.4)

- Definition

The amount of net gains and losses recognized in income during the period on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges, on derivative instruments designated and qualifying as hedging instruments in cash flow hedges, and on derivative instruments not designated as hedging instruments.

+ References+ Details

Derivative Financial Instruments - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended					3 Months Ended	6 Months Ended						6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012	Sep. 30, 2012	Mar. 31, 2013 Futures contracts [Member] Contract	Sep. 30, 2012 Futures contracts [Member] Contract	Mar. 31, 2013 Commodity contracts [Member] Other Income Expense [Member]	Mar. 31, 2013 Commodity contracts [Member] Other Income Expense [Member]	Feb. 14, 2013 Swap [Member] Natural Gas Commodity Contract [Member] Btu	Mar. 31, 2013 Spectrum Brands [Member]	Sep. 30, 2012 Spectrum Brands [Member]	Mar. 31, 2013 Spectrum Brands [Member] Standby Letters of Credit [Member]	Sep. 30, 2012 Spectrum Brands [Member] Standby Letters of Credit [Member]	Mar. 31, 2013 Spectrum Brands [Member] Interest rate swap agreements [Member] T	Mar. 31, 2013 Spectrum Brands [Member] Foreign exchange contracts [Member]	Mar. 31, 2013 Remainder of 2013 [Member] Swap [Member] Natural Gas Commodity Contract [Member]	Mar. 31, 2013 Remainder of 2013 [Member] Swap [Member] Oil Commodity Contract [Member]	Feb. 14, 2013 Remainder of 2013 [Member] Swap [Member] Oil Commodity Contract [Member] bbl	Mar. 31, 2013 2014 [Member] Swap [Member] Natural Gas Commodity Contract [Member]	Mar. 31, 2013 2014 [Member] Swap [Member] Oil Commodity Contract [Member]
Derivative Financial Instruments [Line Items]
Contract value															$ 19,900,000	$ 147,000,000
Derivative net loss/gain															(300,000)	1,000,000
Derivative net loss/gain, net of tax benefit/expense															100,000	600,000
Derivative net loss/gain, non-controlling interest															200,000	800,000
Estimated amount of derivative net losses/gains to be reclassified from AOCI into earnings over the next twelve months	0	(1,100,000)	(500,000)	(3,500,000)											(300,000)	1,100,000
Weight of raw materials under derivative contract															10
Notional value for such foreign exchange derivative contracts outstanding											132,200,000	172,600,000
Non-cash change in fair value of derivative financial instruments								(9,400,000)	(9,400,000)
Derivative, mitigating price volatility, natural gas covered										13,365,300
Derivative, mitigating price volatility, oil covered																			408,000
Derivative forward price																	96.78	4.12		92.75	4.23
Percentage of production volume covered by derivative financial instruments	54.40%		54.40%
Credit reserve on its derivative assets												100,000
Cash collateral						4,600,000	9,800,000				500,000	100,000
Standby letters of credit													0	0
Call options purchased to match the funding requirements			Call options are one, two and three year options
FGL purchases call options to fund the next index credit			One, two or three year call options to fund the next index credit
Maximum amount of loss due to credit risk	$ 262,000,000		$ 262,000,000		$ 200,700,000
Futures contracts						1,329	2,835

Derivative Financial Instruments - FGL's Exposure to Credit Loss on Call Options Held (Detail) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013	Sep. 30, 2012
Derivatives, Fair Value [Line Items]
Notional Amount	$ 6,183.2	$ 5,830.4
Fair Value	262.6	200.7
Bank of America [Member]
Derivatives, Fair Value [Line Items]
Credit Rating (Moody's/S&P)	Baa2/A-
Notional Amount	1,936.9	1,884.0
Deutsche Bank [Member]
Derivatives, Fair Value [Line Items]
Credit Rating (Moody's/S&P)	A2/A+
Notional Amount	1,723.0	1,816.5
Morgan Stanley [Member]
Derivatives, Fair Value [Line Items]
Credit Rating (Moody's/S&P)	Baa1/A-
Notional Amount	1,938.6	1,634.7
Royal Bank of Scotland [Member]
Derivatives, Fair Value [Line Items]
Credit Rating (Moody's/S&P)	Baa1/A-
Notional Amount	468.0	353.9
Barclay's Bank [Member]
Derivatives, Fair Value [Line Items]
Credit Rating (Moody's/S&P)	A2/A+
Notional Amount	116.7	131.3
Credit Suisse [Member]
Derivatives, Fair Value [Line Items]
Credit Rating (Moody's/S&P)	A2/A
Notional Amount	0	10.0
Call options [Member]
Derivatives, Fair Value [Line Items]
Fair Value	262.0	200.7
Derivatives Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Fair Value	266.0	203.9
Derivatives [Member] \| Derivatives Not Designated as Hedging Instrument [Member] \| Call options [Member]
Derivatives, Fair Value [Line Items]
Fair Value	262.0	200.7
Derivatives [Member] \| Derivatives Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Bank of America [Member]
Derivatives, Fair Value [Line Items]
Fair Value	81.0	64.1
Derivatives [Member] \| Derivatives Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Deutsche Bank [Member]
Derivatives, Fair Value [Line Items]
Fair Value	69.6	61.7
Derivatives [Member] \| Derivatives Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Morgan Stanley [Member]
Derivatives, Fair Value [Line Items]
Fair Value	80.3	51.6
Derivatives [Member] \| Derivatives Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Royal Bank of Scotland [Member]
Derivatives, Fair Value [Line Items]
Fair Value	27.7	19.6
Derivatives [Member] \| Derivatives Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Barclay's Bank [Member]
Derivatives, Fair Value [Line Items]
Fair Value	3.4	3.1
Derivatives [Member] \| Derivatives Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Credit Suisse [Member]
Derivatives, Fair Value [Line Items]
Fair Value	$ 0	$ 0.6

- Definition

+ References+ Details

Derivative Financial Instruments - Summary of Gain (Loss) Recognized in Income on Oil and Gas Commodity Contracts on (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Loss on oil and natural gas commodity contracts	$ (37.0)	$ 27.4	$ 36.0	$ 38.7
Commodity contracts [Member] \| Other Income Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Cash settlements on derivative financial instruments	0.6		0.6
Non-cash change in fair value of derivative financial instruments	(9.4)		(9.4)
Loss on oil and natural gas commodity contracts	$ (8.8)	$ 0	$ (8.8)	$ 0

- Definition

+ References+ Details

Derivative Financial Instruments Derivative Financial Instruments - Oil and Gas Commodity Contracts (Details) (Swap [Member], USD $) In Millions, unless otherwise specified	Mar. 31, 2013
Derivative [Line Items]
Fair value at March 31, 2013	$ (8.1)
Natural Gas Commodity Contract [Member]
Derivative [Line Items]
Natural Gas, Volume	26,200,000
Fair value at March 31, 2013	(7.0)
Natural Gas Commodity Contract [Member] \| Remainder of 2013 [Member]
Derivative [Line Items]
Natural Gas, Volume	15,400,000
Weighted average strike price per Mmbtu/Bbl	3.72
Fair value at March 31, 2013	(6.0)
Natural Gas Commodity Contract [Member] \| 2014 [Member]
Derivative [Line Items]
Natural Gas, Volume	10,900,000
Weighted average strike price per Mmbtu/Bbl	4.14
Fair value at March 31, 2013	(1.0)
Oil Commodity Contract [Member]
Derivative [Line Items]
Swap, Volume	600,000
Fair value at March 31, 2013	(1.1)
Oil Commodity Contract [Member] \| Remainder of 2013 [Member]
Derivative [Line Items]
Swap, Volume	300,000
Weighted average strike price per Mmbtu/Bbl	94.05
Fair value at March 31, 2013	(0.8)
Oil Commodity Contract [Member] \| 2014 [Member]
Derivative [Line Items]
Swap, Volume	300,000
Weighted average strike price per Mmbtu/Bbl	91.87
Fair value at March 31, 2013	$ (0.3)

Fair Value of Financial Instruments - Assets and Liabilities Carrying at Fair Value on Recurring Basis (Detail) (USD $)
In Millions, unless otherwise specified

Mar. 31, 2013

Sep. 30, 2012

Jan. 01, 2012

Sep. 30, 2011

Assets

Cash and cash equivalents

$ 1,475.0

$ 1,470.7

$ 2,319.7

$ 1,137.4

Derivatives, Assets

Derivatives

262.6

200.7

Fixed maturity securities, available-for-sale:

Asset-backed loans

241.6

180.1

Derivatives, Liabilities

Equity conversion feature of preferred stock

202.7

232.0

Recurring [Member] | Fair Value [Member]

Assets

Cash and cash equivalents

1,475.0

^[1],[2]

1,470.7

^[1],[2]

Contingent purchase price reduction receivable

41.0

^[2]

41.0

^[2]

Fixed maturity securities, available-for-sale:

Asset-backed loans

241.6

^[2]

180.1

^[2]

Total financial assets

18,552.9

^[2]

18,433.3

^[2]

Liabilities

Total debt

4,881.4

^[2]

2,328.8

^[1],[2]

Derivatives, Liabilities

Equity conversion feature of preferred stock

202.7

^[2]

232.0

^[2]

Redeemable preferred stock, excluding equity conversion feature

379.4

^[2]

368.9

^[2]

Investment contracts, included in contractholder funds

12,288.1

^[2]

12,271.9

^[2]

Total financial liabilities

19,405.1

^[2]

16,763.3

^[2]

Recurring [Member] | Fair Value [Member] | U.S. Government securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

458.5

^[2]

930.4

^[2]

Recurring [Member] | Fair Value [Member] | Foreign exchange forward agreements [Member]

Derivatives, Assets

Derivatives

3.2

^[2]

1.2

^[2]

Derivatives, Liabilities

Derivative investments

4.8

^[2]

10.0

^[2]

Recurring [Member] | Fair Value [Member] | Commodity swap and option agreements [Member]

Derivatives, Assets

Derivatives

0.4

^[2]

2.0

^[2]

Derivatives, Liabilities

Derivative investments

9.1

^[2]

Recurring [Member] | Fair Value [Member] | Call options [Member]

Derivatives, Assets

Derivatives

262.4

^[2]

200.7

^[2]

Recurring [Member] | Fair Value [Member] | Available-for-sale embedded derivatives [Member]

Fixed maturity securities, available-for-sale:

Equity securities - available-for-sale

255.7

^[2]

248.1

^[2]

Recurring [Member] | Fair Value [Member] | FIA embedded derivatives, included in contractholder funds [Member]

Derivatives, Liabilities

Derivative investments

1,639.6

^[2]

1,550.8

^[2]

Recurring [Member] | Fair Value [Member] | Future contracts [Member]

Derivatives, Liabilities

Derivative investments

0.9

^[2]

Recurring [Member] | Fair Value [Member] | Asset-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

1,418.4

^[2]

1,027.9

^[2]

Recurring [Member] | Fair Value [Member] | Commercial mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

546.2

^[2]

553.8

^[2]

Recurring [Member] | Fair Value [Member] | Corporates [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

10,791.3

^[2]

11,009.0

^[2]

Recurring [Member] | Fair Value [Member] | Hybrids [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

466.9

^[2]

528.2

^[2]

Recurring [Member] | Fair Value [Member] | Municipals [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

1,077.7

^[2]

1,224.0

^[2]

Recurring [Member] | Fair Value [Member] | Agency residential mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

126.0

^[2]

155.0

^[2]

Recurring [Member] | Fair Value [Member] | Non-agency residential mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

1,298.5

^[2]

660.6

^[2]

Recurring [Member] | Carrying Amount [Member]

Assets

Cash and cash equivalents

1,475.0

^[1],[2]

1,470.7

^[1],[2]

Contingent purchase price reduction receivable

41.0

^[2]

41.0

^[2]

Fixed maturity securities, available-for-sale:

Asset-backed loans

241.6

^[2]

180.1

^[2]

Total financial assets

18,552.9

^[2]

18,433.3

^[2]

Liabilities

Total debt

4,596.7

^[2]

2,167.0

^[1],[2]

Derivatives, Liabilities

Equity conversion feature of preferred stock

202.7

^[2]

232.0

^[2]

Redeemable preferred stock, excluding equity conversion feature

326.8

^[2]

319.2

^[2]

Investment contracts, included in contractholder funds

13,770.3

^[2]

13,739.6

^[2]

Total financial liabilities

20,550.0

^[2]

18,019.5

^[2]

Recurring [Member] | Carrying Amount [Member] | U.S. Government securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

458.5

^[2]

930.4

^[2]

Recurring [Member] | Carrying Amount [Member] | Foreign exchange forward agreements [Member]

Derivatives, Assets

Derivatives

3.2

^[2]

1.2

^[2]

Derivatives, Liabilities

Derivative investments

4.8

^[2]

10.0

^[2]

Recurring [Member] | Carrying Amount [Member] | Commodity swap and option agreements [Member]

Derivatives, Assets

Derivatives

0.4

^[2]

2.0

^[2]

Derivatives, Liabilities

Derivative investments

9.1

^[2]

Recurring [Member] | Carrying Amount [Member] | Call options [Member]

Derivatives, Assets

Derivatives

262.4

^[2]

200.7

^[2]

Recurring [Member] | Carrying Amount [Member] | Available-for-sale embedded derivatives [Member]

Fixed maturity securities, available-for-sale:

Equity securities - available-for-sale

255.7

^[2]

248.1

^[2]

Recurring [Member] | Carrying Amount [Member] | FIA embedded derivatives, included in contractholder funds [Member]

Derivatives, Liabilities

Derivative investments

1,639.6

^[2]

1,550.8

^[2]

Recurring [Member] | Carrying Amount [Member] | Future contracts [Member]

Derivatives, Liabilities

Derivative investments

0.9

^[2]

Recurring [Member] | Carrying Amount [Member] | Asset-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

1,418.4

^[2]

1,027.9

^[2]

Recurring [Member] | Carrying Amount [Member] | Commercial mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

546.2

^[2]

553.8

^[2]

Recurring [Member] | Carrying Amount [Member] | Corporates [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

10,791.3

^[2]

11,009.0

^[2]

Recurring [Member] | Carrying Amount [Member] | Hybrids [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

466.9

^[2]

528.2

^[2]

Recurring [Member] | Carrying Amount [Member] | Municipals [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

1,077.7

^[2]

1,224.0

^[2]

Recurring [Member] | Carrying Amount [Member] | Agency residential mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

126.0

^[2]

155.0

^[2]

Recurring [Member] | Carrying Amount [Member] | Non-agency residential mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

1,298.5

^[2]

660.6

^[2]

Recurring [Member] | Equity securities [Member] | Fair Value [Member]

Fixed maturity securities, available-for-sale:

Equity securities - trading

57.7

^[2]

146.8

^[2]

Recurring [Member] | Equity securities [Member] | Carrying Amount [Member]

Fixed maturity securities, available-for-sale:

Equity securities - trading

57.7

^[2]

146.8

^[2]

Recurring [Member] | Fixed maturities securities [Member] | Fair Value [Member]

Fixed maturity securities, available-for-sale:

U.S. Treasuries and certificate of deposit, held-to-maturity

35.0

^[2]

Recurring [Member] | Fixed maturities securities [Member] | Carrying Amount [Member]

Fixed maturity securities, available-for-sale:

U.S. Treasuries and certificate of deposit, held-to-maturity

35.0

^[2]

Recurring [Member] | Policy loans [Member] | Fair Value [Member]

Fixed maturity securities, available-for-sale:

Policy loans and other invested assets

32.4

^[2]

18.8

^[2]

Recurring [Member] | Policy loans [Member] | Carrying Amount [Member]

Fixed maturity securities, available-for-sale:

Policy loans and other invested assets

32.4

^[2]

18.8

^[2]

Recurring [Member] | Level 1 [Member]

Assets

Cash and cash equivalents

1,475.0

^[1],[2]

1,468.4

^[1],[2]

Contingent purchase price reduction receivable

^[2]

Fixed maturity securities, available-for-sale:

Asset-backed loans

^[2]

Total financial assets

1,882.0

^[2]

2,545.6

^[2]

Liabilities

Total debt

^[2]

524.0

^[1],[2]

Derivatives, Liabilities

Equity conversion feature of preferred stock

^[2]

Redeemable preferred stock, excluding equity conversion feature

^[2]

Investment contracts, included in contractholder funds

^[2]

Total financial liabilities

^[2]

524.0

^[2]

Recurring [Member] | Level 1 [Member] | U.S. Government securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

349.3

^[2]

930.4

^[2]

Recurring [Member] | Level 1 [Member] | Foreign exchange forward agreements [Member]

Derivatives, Assets

Derivatives

^[2]

Derivatives, Liabilities

Derivative investments

^[2]

Recurring [Member] | Level 1 [Member] | Commodity swap and option agreements [Member]

Derivatives, Assets

Derivatives

^[2]

Derivatives, Liabilities

Derivative investments

^[2]

Recurring [Member] | Level 1 [Member] | Call options [Member]

Derivatives, Assets

Derivatives

^[2]

Recurring [Member] | Level 1 [Member] | Available-for-sale embedded derivatives [Member]

Fixed maturity securities, available-for-sale:

Equity securities - available-for-sale

^[2]

Recurring [Member] | Level 1 [Member] | FIA embedded derivatives, included in contractholder funds [Member]

Derivatives, Liabilities

Derivative investments

^[2]

Recurring [Member] | Level 1 [Member] | Future contracts [Member]

Derivatives, Liabilities

Derivative investments

^[2]

Recurring [Member] | Level 1 [Member] | Asset-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 1 [Member] | Commercial mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 1 [Member] | Corporates [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 1 [Member] | Hybrids [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 1 [Member] | Municipals [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 1 [Member] | Agency residential mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 1 [Member] | Non-agency residential mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 1 [Member] | Equity securities [Member]

Fixed maturity securities, available-for-sale:

Equity securities - trading

57.7

^[2]

146.8

^[2]

Recurring [Member] | Level 1 [Member] | Fixed maturities securities [Member]

Fixed maturity securities, available-for-sale:

U.S. Treasuries and certificate of deposit, held-to-maturity

^[2]

Recurring [Member] | Level 1 [Member] | Policy loans [Member]

Fixed maturity securities, available-for-sale:

Policy loans and other invested assets

^[2]

Recurring [Member] | Level 2 [Member]

Assets

Cash and cash equivalents

^[1],[2]

2.3

^[1],[2]

Contingent purchase price reduction receivable

^[2]

Fixed maturity securities, available-for-sale:

Asset-backed loans

^[2]

Total financial assets

15,977.9

^[2]

15,482.8

^[2]

Liabilities

Total debt

4,881.4

^[2]

1,804.8

^[1],[2]

Derivatives, Liabilities

Equity conversion feature of preferred stock

^[2]

Redeemable preferred stock, excluding equity conversion feature

^[2]

Investment contracts, included in contractholder funds

^[2]

Total financial liabilities

4,895.3

^[2]

1,815.7

^[2]

Recurring [Member] | Level 2 [Member] | U.S. Government securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

109.2

^[2]

Recurring [Member] | Level 2 [Member] | Foreign exchange forward agreements [Member]

Derivatives, Assets

Derivatives

3.2

^[2]

1.2

^[2]

Derivatives, Liabilities

Derivative investments

4.8

^[2]

10.0

^[2]

Recurring [Member] | Level 2 [Member] | Commodity swap and option agreements [Member]

Derivatives, Assets

Derivatives

0.4

^[2]

2.0

^[2]

Derivatives, Liabilities

Derivative investments

9.1

^[2]

Recurring [Member] | Level 2 [Member] | Call options [Member]

Derivatives, Assets

Derivatives

262.4

^[2]

200.7

^[2]

Recurring [Member] | Level 2 [Member] | Available-for-sale embedded derivatives [Member]

Fixed maturity securities, available-for-sale:

Equity securities - available-for-sale

245.7

^[2]

248.1

^[2]

Recurring [Member] | Level 2 [Member] | FIA embedded derivatives, included in contractholder funds [Member]

Derivatives, Liabilities

Derivative investments

^[2]

Recurring [Member] | Level 2 [Member] | Future contracts [Member]

Derivatives, Liabilities

Derivative investments

0.9

^[2]

Recurring [Member] | Level 2 [Member] | Asset-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

1,413.1

^[2]

1,012.0

^[2]

Recurring [Member] | Level 2 [Member] | Commercial mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

540.0

^[2]

548.8

^[2]

Recurring [Member] | Level 2 [Member] | Corporates [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

10,434.8

^[2]

10,873.7

^[2]

Recurring [Member] | Level 2 [Member] | Hybrids [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

466.9

^[2]

519.4

^[2]

Recurring [Member] | Level 2 [Member] | Municipals [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

1,077.7

^[2]

1,224.0

^[2]

Recurring [Member] | Level 2 [Member] | Agency residential mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

126.0

^[2]

155.0

^[2]

Recurring [Member] | Level 2 [Member] | Non-agency residential mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

1,298.5

^[2]

660.6

^[2]

Recurring [Member] | Level 2 [Member] | Equity securities [Member]

Fixed maturity securities, available-for-sale:

Equity securities - trading

^[2]

Recurring [Member] | Level 2 [Member] | Fixed maturities securities [Member]

Fixed maturity securities, available-for-sale:

U.S. Treasuries and certificate of deposit, held-to-maturity

35.0

^[2]

Recurring [Member] | Level 2 [Member] | Policy loans [Member]

Fixed maturity securities, available-for-sale:

Policy loans and other invested assets

^[2]

Recurring [Member] | Level 3 [Member]

Assets

Cash and cash equivalents

^[1],[2]

Contingent purchase price reduction receivable

41.0

^[2]

41.0

^[2]

Fixed maturity securities, available-for-sale:

Asset-backed loans

241.6

^[2]

180.1

^[2]

Total financial assets

693.0

^[2]

404.9

^[2]

Liabilities

Total debt

^[2]

^[1],[2]

Derivatives, Liabilities

Equity conversion feature of preferred stock

202.7

^[2]

232.0

^[2]

Redeemable preferred stock, excluding equity conversion feature

379.4

^[2]

368.9

^[2]

Investment contracts, included in contractholder funds

12,288.1

^[2]

12,271.9

^[2]

Total financial liabilities

14,509.8

^[2]

14,423.6

^[2]

Recurring [Member] | Level 3 [Member] | U.S. Government securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 3 [Member] | Foreign exchange forward agreements [Member]

Derivatives, Assets

Derivatives

^[2]

Derivatives, Liabilities

Derivative investments

^[2]

Recurring [Member] | Level 3 [Member] | Commodity swap and option agreements [Member]

Derivatives, Assets

Derivatives

^[2]

Derivatives, Liabilities

Derivative investments

^[2]

Recurring [Member] | Level 3 [Member] | Call options [Member]

Derivatives, Assets

Derivatives

^[2]

Recurring [Member] | Level 3 [Member] | Available-for-sale embedded derivatives [Member]

Fixed maturity securities, available-for-sale:

Equity securities - available-for-sale

10.0

^[2]

Recurring [Member] | Level 3 [Member] | FIA embedded derivatives, included in contractholder funds [Member]

Derivatives, Liabilities

Derivative investments

1,639.6

^[2]

1,550.8

^[2]

Recurring [Member] | Level 3 [Member] | Future contracts [Member]

Derivatives, Liabilities

Derivative investments

^[2]

Recurring [Member] | Level 3 [Member] | Asset-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

5.3

^[2]

15.9

^[2]

Recurring [Member] | Level 3 [Member] | Commercial mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

6.2

^[2]

5.0

^[2]

Recurring [Member] | Level 3 [Member] | Corporates [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

356.5

^[2]

135.3

^[2]

Recurring [Member] | Level 3 [Member] | Hybrids [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

8.8

^[2]

Recurring [Member] | Level 3 [Member] | Municipals [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 3 [Member] | Agency residential mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 3 [Member] | Non-agency residential mortgage-backed securities [Member]

Fixed maturity securities, available-for-sale:

Fixed maturity securities, available-for-sale

^[2]

Recurring [Member] | Level 3 [Member] | Equity securities [Member]

Fixed maturity securities, available-for-sale:

Equity securities - trading

^[2]

Recurring [Member] | Level 3 [Member] | Fixed maturities securities [Member]

Fixed maturity securities, available-for-sale:

U.S. Treasuries and certificate of deposit, held-to-maturity

^[2]

Recurring [Member] | Level 3 [Member] | Policy loans [Member]

Fixed maturity securities, available-for-sale:

Policy loans and other invested assets

$ 32.4

^[2]

$ 18.8

^[2]

[1]	The fair values of cash equivalents, short-term investments and debt set forth above are generally based on quoted or observed market prices.
[2]	The carrying amounts of trade receivables, accounts payable, accrued investment income and portions of other insurance liabilities approximate fair value due to their short duration and, accordingly, they are not presented in the tables above.

Fair Value of Financial Instruments - Schedule of Unobservable Inputs Used for Level Three Fair Value Measurements of Financial Instruments on Recurring Basis (Detail) (USD $) In Millions, unless otherwise specified	6 Months Ended	12 Months Ended
	Mar. 31, 2013	Sep. 30, 2012
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	$ 419.0	$ 206.0
Liabilities
Liabilities, Fair Value Disclosure	1,842.3	1,782.8
Asset-backed securities [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	5.3	15.9
Commercial mortgage-backed securities [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	6.2	5.0
Corporates [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	2.6	32.0
Hybrids [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	10.0	0
Broker-quoted [Member] \| Asset-backed securities [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Broker-quoted
Broker-quoted [Member] \| Commercial mortgage-backed securities [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Market pricing
Broker-quoted [Member] \| Corporates [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Broker-quoted
Broker-quoted [Member] \| Hybrids [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Broker-quoted
Market pricing [Member] \| Corporates [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Broker-quoted
Assets, Fair Value Disclosure	353.9	103.3
Market pricing [Member] \| Hybrids [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Broker-quoted
Assets, Fair Value Disclosure		8.8
Contingent purchase price reduction receivable [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	41.0	41.0
Contingent purchase price reduction receivable [Member] \| Discounted cash flow [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Discounted cash flow
FIA embedded derivatives, included in contractholder funds [Member]
Liabilities
Liabilities, Fair Value Disclosure	1,639.6	1,550.8
FIA embedded derivatives, included in contractholder funds [Member] \| Discounted cash flow [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Discounted cash flow
Equity conversion feature of preferred stock [Member]
Liabilities
Liabilities, Fair Value Disclosure	$ 202.7	$ 232.0
Equity conversion feature of preferred stock [Member] \| Monte Carlo simulation / Option model [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Monte Carlo simulation / Option model
Minimum [Member] \| Asset-backed securities [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Offered quotes		100.00%
Minimum [Member] \| Corporates [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Quoted prices	0.00%	0.00%
Offered quotes	88.00%	88.00%
Minimum [Member] \| Hybrids [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Quoted prices		0.00%
Minimum [Member] \| Contingent purchase price reduction receivable [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Probability of collection	88.00%	88.00%
Minimum [Member] \| FIA embedded derivatives, included in contractholder funds [Member]
Liabilities
Market value of option	0.00%	0.00%
SWAP rates	0.95%	0.76%
Surrender rates	0.50%	2.00%
Non-performance spread	0.25%	0.25%
Minimum [Member] \| Equity conversion feature of preferred stock [Member]
Liabilities
Annualized volatility of equity	43.00%	41.00%
Discount yield	11.00%	12.00%
Calibration adjustment	12.00%	10.00%
Maximum [Member] \| Asset-backed securities [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Offered quotes	109.00%	110.00%
Maximum [Member] \| Commercial mortgage-backed securities [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Offered quotes		101.00%
Maximum [Member] \| Corporates [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Quoted prices	141.00%	141.00%
Offered quotes	116.00%	158.00%
Maximum [Member] \| Hybrids [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Quoted prices		103.00%
Maximum [Member] \| Contingent purchase price reduction receivable [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Probability of collection	96.00%	96.00%
Expected term	9 months	9 months
Discount rate	0.94%	0.72%
Credit insurance risk premium	11.00%	12.00%
Maximum [Member] \| FIA embedded derivatives, included in contractholder funds [Member]
Liabilities
Market value of option	35.00%	31.00%
SWAP rates	2.00%	2.00%
Mortality multiplier	80.00%	70.00%
Surrender rates	75.00%	50.00%
Non-performance spread	0.25%	0.25%
Maximum [Member] \| Equity conversion feature of preferred stock [Member]
Liabilities
Discount yield		13.00%
Non-cash accretion rate	0.00%	0.00%
Calibration adjustment	14.00%	13.00%
Weighted average [Member] \| Asset-backed securities [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Offered quotes		103.00%
Weighted average [Member] \| Commercial mortgage-backed securities [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Offered quotes	104.00%
Weighted average [Member] \| Corporates [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Quoted prices	91.00%	69.00%
Offered quotes	123.00%	98.00%
Weighted average [Member] \| Hybrids [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Quoted prices		25.00%
Offered quotes	100.00%
Weighted average [Member] \| Contingent purchase price reduction receivable [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Probability of collection	92.00%	92.00%
Weighted average [Member] \| FIA embedded derivatives, included in contractholder funds [Member]
Liabilities
Market value of option	4.00%	4.00%
SWAP rates	1.50%	1.00%
Surrender rates	7.00%	7.00%
Non-performance spread	0.25%	0.25%
Weighted average [Member] \| Equity conversion feature of preferred stock [Member]
Liabilities
Discount yield		12.00%
Calibration adjustment	13.00%	11.00%

Fair Value of Financial Instruments - Additional Information (Detail) (USD $)

3 Months Ended

6 Months Ended

Mar. 31, 2013

Apr. 01, 2012

Mar. 31, 2013

Apr. 01, 2012

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Percentage of male contractholder

50.00%

Percentage of female contractholder

50.00%

Fair Value, Assets, Level 1 to Level 2 Transfers, Amount

$ 0

Transfers, assets, level 2 to 1

Transfers, liabilities, level 1 to 2

Transfers, liabilities, level 2 to 1

Net transfer level 3

10,900,000

^[1]

10,900,000

^[1]

Asset-backed and Hybrid Securities [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3

38,900,000

53,000,000

Corporate and Non-Agency Residential Mortgage-Backed Securities [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3

$ 2,300,000

$ 12,600,000

[1]	The net transfers in and out of Level 3 during the three and six months ended April 1, 2012 was exclusively to or from Level 2.

Fair Value of Financial Instruments - Changes in Fair Value of Financial Instruments (Detail) (USD $)

3 Months Ended

6 Months Ended

Mar. 31, 2013

Apr. 01, 2012

Mar. 31, 2013

Apr. 01, 2012

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Fair Value, Assets, Level 1 to Level 2 Transfers, Amount

$ 0

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

313,500,000

551,400,000

206,000,000

546,500,000

Total Gains (Losses) Included in Earnings

(100,000)

41,100,000

(300,000)

41,000,000

Total Gains (Losses) Included in AOCI

3,300,000

9,300,000

1,200,000

3,700,000

Purchases

154,200,000

105,100,000

288,400,000

143,900,000

Sales

(9,700,000)

(9,600,000)

(16,700,000)

Settlements

(13,000,000)

(21,700,000)

(13,700,000)

(32,600,000)

Net transfer In (Out) of Level 3 (a)

(38,900,000)

^[1]

8,600,000

^[2]

(53,000,000)

^[1]

(1,700,000)

^[2]

Balance at End of Period

419,000,000

684,100,000

419,000,000

684,100,000

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

1,680,100,000

1,502,900,000

1,782,800,000

1,472,100,000

Total Gains (Losses) Included in Earnings

162,200,000

68,100,000

59,500,000

98,900,000

Total Gains (Losses) Included in AOCI

Purchases

Sales

Settlements

Net transfer In (Out) of Level 3

^[1]

^[2]

^[1]

^[2]

Balance at End of Period

1,842,300,000

1,571,000,000

1,842,300,000

1,571,000,000

FIA embedded derivatives, included in contractholder funds [Member]

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

1,517,000,000

1,455,000,000

1,550,800,000

1,396,300,000

Total Gains (Losses) Included in Earnings

122,600,000

41,700,000

88,800,000

100,400,000

Total Gains (Losses) Included in AOCI

Purchases

Sales

Settlements

Net transfer In (Out) of Level 3

^[1]

^[2]

^[1]

^[2]

Balance at End of Period

1,639,600,000

1,496,700,000

1,639,600,000

1,496,700,000

Equity conversion feature of preferred stock [Member]

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

163,100,000

47,500,000

232,000,000

75,400,000

Total Gains (Losses) Included in Earnings

39,600,000

26,400,000

(29,300,000)

(1,500,000)

Total Gains (Losses) Included in AOCI

Purchases

Sales

Settlements

Net transfer In (Out) of Level 3

^[1]

^[2]

^[1]

^[2]

Balance at End of Period

202,700,000

73,900,000

202,700,000

73,900,000

Available-for-sale embedded derivatives [Member]

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

400,000

Total Gains (Losses) Included in Earnings

Total Gains (Losses) Included in AOCI

Purchases

Sales

Settlements

Net transfer In (Out) of Level 3

^[2]

Balance at End of Period

400,000

US Treasury and Government [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Fair Value, Assets, Level 1 to Level 2 Transfers, Amount

79,300,000

Asset-backed and Hybrid Securities [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3

38,900,000

53,000,000

Asset-backed securities [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

5,300,000

400,700,000

15,900,000

374,500,000

Total Gains (Losses) Included in Earnings

Total Gains (Losses) Included in AOCI

10,700,000

(100,000)

6,100,000

Purchases

93,600,000

132,400,000

Sales

Settlements

(12,800,000)

(20,800,000)

Net transfer In (Out) of Level 3 (a)

^[1]

10,800,000

^[2]

(10,500,000)

^[1]

10,800,000

^[2]

Balance at End of Period

5,300,000

503,000,000

5,300,000

503,000,000

Commercial mortgage-backed securities [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

6,100,000

5,000,000

Total Gains (Losses) Included in Earnings

Total Gains (Losses) Included in AOCI

100,000

200,000

Purchases

1,000,000

Sales

Settlements

Net transfer In (Out) of Level 3 (a)

^[1]

Balance at End of Period

6,200,000

Corporates [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

256,100,000

138,500,000

135,300,000

159,700,000

Total Gains (Losses) Included in Earnings

(100,000)

100,000

(300,000)

Total Gains (Losses) Included in AOCI

3,200,000

(1,400,000)

1,200,000

(2,300,000)

Purchases

144,200,000

1,300,000

277,400,000

1,300,000

Sales

(9,700,000)

(9,600,000)

(16,700,000)

Settlements

(13,000,000)

(8,800,000)

(13,700,000)

(11,600,000)

Net transfer In (Out) of Level 3 (a)

(33,900,000)

^[1]

100,000

^[2]

(33,800,000)

^[1]

(10,300,000)

^[2]

Balance at End of Period

356,500,000

120,100,000

356,500,000

120,100,000

Hybrids [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

5,000,000

5,100,000

8,800,000

5,200,000

Total Gains (Losses) Included in Earnings

Total Gains (Losses) Included in AOCI

(100,000)

Purchases

Sales

Settlements

Net transfer In (Out) of Level 3 (a)

(5,000,000)

^[1]

^[2]

(8,700,000)

^[1]

^[2]

Balance at End of Period

5,100,000

Municipals [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

100,000

Total Gains (Losses) Included in Earnings

Total Gains (Losses) Included in AOCI

100,000

Purchases

10,200,000

Sales

Settlements

Net transfer In (Out) of Level 3 (a)

^[2]

100,000

^[2]

Balance at End of Period

10,400,000

Agency residential mortgage-backed securities [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

3,300,000

Total Gains (Losses) Included in Earnings

Total Gains (Losses) Included in AOCI

Purchases

Sales

Settlements

Net transfer In (Out) of Level 3 (a)

^[2]

Balance at End of Period

3,300,000

Non-agency residential mortgage-backed securities [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

3,700,000

3,800,000

Total Gains (Losses) Included in Earnings

Total Gains (Losses) Included in AOCI

(100,000)

Purchases

Sales

Settlements

(100,000)

(200,000)

Net transfer In (Out) of Level 3 (a)

(2,300,000)

^[2]

(2,300,000)

^[2]

Balance at End of Period

1,200,000

Equity securities available-for-sale [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

Total Gains (Losses) Included in Earnings

Total Gains (Losses) Included in AOCI

Purchases

10,000,000

Sales

Settlements

Net transfer In (Out) of Level 3 (a)

Balance at End of Period

10,000,000

Corporate and Non-Agency Residential Mortgage-Backed Securities [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3

2,300,000

12,600,000

Contingent purchase price reduction receivable [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance at Beginning of Period

41,000,000

Total Gains (Losses) Included in Earnings

41,000,000

Total Gains (Losses) Included in AOCI

Purchases

Sales

Settlements

Net transfer In (Out) of Level 3 (a)

^[1]

^[2]

^[1]

^[2]

Balance at End of Period

$ 41,000,000

[1]	The net transfers in and out of Level 3 during the three and six months ended March 31, 2013 were exclusively to or from Level 2.
[2]	The net transfers in and out of Level 3 during the three and six months ended April 1, 2012 was exclusively to or from Level 2.

Goodwill and Intangibles, including DAC and VOBA - Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Intangible Assets, Including Goodwill [Roll Forward]
Beginning Balance, Goodwill			$ 694.2
Beginning Balance, Indefinite Lived Intangible Assets			841.1
Beginning Balance, Finite Lived Intangible Assets			873.9
Beginning Balance, Intangible Assets, Excluding Goodwill			1,988.5
Acquisitions (Note 3), Goodwill			748.0
Acquisitions (Note 3), Indefinite Lived Intangible Assets			330.0
Acquisitions (Note 13)			502.8
Deferrals			71.5
Less: Components of amortization:
Amortization of intangibles	(49.0)	(58.8)	(135.6)	(115.5)
Adjustment for unrealized investment (gains), net, Goodwill			50.2
Effect of translation, Goodwill			(8.2)
Effect of translation, Indefinite Lived intangible assets			(6.5)
Effect of translation, Intangible Assets Excluding Goodwill			(9.9)
Ending Balance, Goodwill	1,434.0		1,434.0
Ending Balance, Indefinite Lived Intangible Assets	1,164.6		1,164.6
Ending Balance, Finite Lived Intangible Assets	1,006.1		1,006.1
Ending Balance, Intangible Assets, Excluding Goodwill	2,467.5		2,467.5
Indefinite Lived Intangible Assets [Member]
Intangible Assets, Including Goodwill [Roll Forward]
Deferrals
Less: Components of amortization:
Adjustment for unrealized investment (gains), net, Goodwill
Periodic amortization [Member]
Less: Components of amortization:
Goodwill Amortization
Indefinite Lived Intangible Assets, Amortization
Amortization of intangibles			(177.6)
Interest [Member]
Less: Components of amortization:
Goodwill Amortization
Indefinite Lived Intangible Assets, Amortization
Amortization of intangibles			15.9
Unlocking [Member]
Less: Components of amortization:
Goodwill Amortization
Indefinite Lived Intangible Assets, Amortization
Amortization of intangibles			26.1
Reclassifications [Member]
Less: Components of amortization:
Goodwill Amortization
Indefinite Lived Intangible Assets, Amortization
Amortization of intangibles
Definite Lived Intangible Assets [Member]
Intangible Assets, Including Goodwill [Roll Forward]
Beginning Balance, Finite Lived Intangible Assets			873.9
Acquisitions (Note 3), Finite-Lived Intangible Assets			172.8
Deferrals
Less: Components of amortization:
Amortization of intangibles	(20.1)	(15.8)	(37.2)	(30.4)
Adjustment for unrealized investment (gains), net, Goodwill
Effect of translation, Finite Lived intangible assets			(3.4)
Ending Balance, Finite Lived Intangible Assets	1,006.1		1,006.1
Definite Lived Intangible Assets [Member] \| Periodic amortization [Member]
Less: Components of amortization:
Amortization of intangibles			(37.2)
Definite Lived Intangible Assets [Member] \| Interest [Member]
Less: Components of amortization:
Amortization of intangibles
Definite Lived Intangible Assets [Member] \| Unlocking [Member]
Less: Components of amortization:
Amortization of intangibles
Definite Lived Intangible Assets [Member] \| Reclassifications [Member]
Less: Components of amortization:
Amortization of intangibles
VOBA [Member]
Intangible Assets, Including Goodwill [Roll Forward]
Beginning Balance, Finite Lived Intangible Assets			104.3
Acquisitions (Note 3), Finite-Lived Intangible Assets
Deferrals
Less: Components of amortization:
Amortization of intangibles	(16.8)	(41.0)	(75.7)	(77.5)
Adjustment for unrealized investment (gains), net, Goodwill			61.8
Effect of translation, Finite Lived intangible assets
Ending Balance, Finite Lived Intangible Assets	90.4		90.4
VOBA [Member] \| Periodic amortization [Member]
Less: Components of amortization:
Amortization of intangibles			(108.2)
VOBA [Member] \| Interest [Member]
Less: Components of amortization:
Amortization of intangibles			10.6
VOBA [Member] \| Unlocking [Member]
Less: Components of amortization:
Amortization of intangibles			21.9
VOBA [Member] \| Reclassifications [Member]
Less: Components of amortization:
Amortization of intangibles
DAC [Member]
Intangible Assets, Including Goodwill [Roll Forward]
Beginning Balance, Finite Lived Intangible Assets			169.2
Acquisitions (Note 3), Finite-Lived Intangible Assets
Deferrals			71.5
Less: Components of amortization:
Amortization of intangibles	(12.1)	(2.0)	(22.7)	(7.6)
Adjustment for unrealized investment (gains), net, Goodwill			(11.6)
Effect of translation, Finite Lived intangible assets
Ending Balance, Finite Lived Intangible Assets	206.4		206.4
DAC [Member] \| Periodic amortization [Member]
Less: Components of amortization:
Amortization of intangibles			(32.2)
DAC [Member] \| Interest [Member]
Less: Components of amortization:
Amortization of intangibles			5.3
DAC [Member] \| Unlocking [Member]
Less: Components of amortization:
Amortization of intangibles			4.2
DAC [Member] \| Reclassifications [Member]
Less: Components of amortization:
Amortization of intangibles
Goodwill [Member]
Intangible Assets, Including Goodwill [Roll Forward]
Deferrals
Less: Components of amortization:
Adjustment for unrealized investment (gains), net, Goodwill

Goodwill and Intangibles, including DAC and VOBA - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012	Sep. 30, 2012
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization method			straight-line method
Amortization of intangibles	$ (49.0)	$ (58.8)	$ (135.6)	$ (115.5)
2014	78.5		78.5
2015	78.5		78.5
2016	78.5		78.5
2017	78.5		78.5
VOBA [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period			5 years 2 months 0 days
Cumulative adjustments for net unrealized investment gains	277.6		277.6		339.4
Amortization of intangibles	(16.8)	(41.0)	(75.7)	(77.5)
2014	49.7		49.7
2015	45.6		45.6
2016	41.7		41.7
2017	35.1		35.1
DAC [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period			6 years 1 month 0 days
Cumulative adjustments for net unrealized investment gains	62.3		62.3		50.7
Amortization of intangibles	(12.1)	(2.0)	(22.7)	(7.6)
Deferred sales inducements, net of shadow adjustments	13.3		13.3		9.1
2014	17.7		17.7
2015	18.6		18.6
2016	17.9		17.9
2017	$ 16.9		$ 16.9
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period			1 year
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period			20 years

Goodwill and Intangibles, including DAC and VOBA - Summary of Definite Lived Intangible Assets (Detail) (USD $) In Millions, unless otherwise specified			6 Months Ended				6 Months Ended				6 Months Ended				6 Months Ended
	Mar. 31, 2013	Sep. 30, 2012	Mar. 31, 2013 Minimum [Member]	Mar. 31, 2013 Maximum [Member]	Mar. 31, 2013 Customer relationships [Member]	Sep. 30, 2012 Customer relationships [Member]	Mar. 31, 2013 Customer relationships [Member] Minimum [Member]	Mar. 31, 2013 Customer relationships [Member] Maximum [Member]	Mar. 31, 2013 Trade names [Member]	Sep. 30, 2012 Trade names [Member]	Mar. 31, 2013 Trade names [Member] Minimum [Member]	Mar. 31, 2013 Trade names [Member] Maximum [Member]	Mar. 31, 2013 Technology assets [Member]	Sep. 30, 2012 Technology assets [Member]	Mar. 31, 2013 Technology assets [Member] Minimum [Member]	Mar. 31, 2013 Technology assets [Member] Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	$ 1,209.8	$ 1,038.0			$ 864.6	$ 796.2			$ 170.5	$ 150.8			$ 174.7	$ 91.0
Accumulated Amortization	203.7	164.1			136.5	113.0			36.9	28.3			30.3	22.8
Net	$ 1,006.1	$ 873.9			$ 728.1	$ 683.2			$ 133.6	$ 122.5			$ 144.4	$ 68.2
Amortizable Life			1 year	20 years			15 years	20 years			1 year	12 years			4 years	17 years

Goodwill and Intangibles, including DAC and VOBA - Summary of Amortization Expense of Definite Lived Intangible Assets (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 49.0	$ 58.8	$ 135.6	$ 115.5
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	11.3	10.3	21.7	19.9
Trade names [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	4.3	3.1	7.9	6.2
Technology assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	4.5	2.4	7.6	4.3
Definite Lived Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 20.1	$ 15.8	$ 37.2	$ 30.4

- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.

+ References+ Details

Goodwill and Intangibles, including DAC and VOBA - Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013
Schedule Of Amortization Expense And Weighted Average Lives Of Identified Intangible Assets [Line Items]
2013	$ 78.5
2014	78.5
2015	78.5
2016	78.5
2017	78.5
VOBA [Member]
Schedule Of Amortization Expense And Weighted Average Lives Of Identified Intangible Assets [Line Items]
2013	20.6
2014	49.7
2015	45.6
2016	41.7
2017	35.1
Thereafter	175.3
DAC [Member]
Schedule Of Amortization Expense And Weighted Average Lives Of Identified Intangible Assets [Line Items]
2013	6.5
2014	17.7
2015	18.6
2016	17.9
2017	16.9
Thereafter	$ 191.1

Debt - Summary of Debt (Detail) (USD $)	Mar. 31, 2013	Dec. 30, 2012	Sep. 30, 2012
Debt Instrument [Line Items]
Long-term Debt	$ 4,605,200,000		$ 2,165,000,000
Original issuance (discounts) premiums on debt, net	(8,500,000)		2,000,000
Total Debt	4,596,700,000		2,167,000,000
Less current maturities	29,500,000		16,400,000
Non-current portion of debt	4,567,200,000		2,150,600,000
HGI [Member] \| 7.875% Senior Secured Notes, due July 15, 2019 [Member]
Debt Instrument [Line Items]
Long-term Debt	700,000,000.0
Long-term debt, interest rate	7.875%	7.875%
HGI [Member] \| 10.625% Senior Secured Notes, due November 15, 2015 [Member]
Debt Instrument [Line Items]
Long-term Debt			500,000,000
Long-term debt, interest rate		10.625%	10.625%
Spectrum Brands [Member] \| Term Loan, due December 17, 2019 [Member]
Debt Instrument [Line Items]
Long-term Debt	795,000,000
Long-term debt, interest rate	4.60%
Spectrum Brands [Member] \| Previous Term Loan Facility [Member]
Debt Instrument [Line Items]
Long-term Debt		370,200,000	370,200,000
Long-term debt, interest rate			5.10%
Spectrum Brands [Member] \| 9.5% Senior Secured Notes, due June 15, 2018 [Member]
Debt Instrument [Line Items]
Long-term Debt	950,000,000		950,000,000
Long-term debt, interest rate	9.50%		9.50%
Spectrum Brands [Member] \| 6.75% Senior Notes, due March 15, 2020 [Member]
Debt Instrument [Line Items]
Long-term Debt	300,000,000		300,000,000
Long-term debt, interest rate	6.75%		6.75%
Spectrum Brands [Member] \| 6.375% Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt	520,000,000
Long-term debt, interest rate	6.375%
Spectrum Brands [Member] \| 6.625% Notes [Member]
Debt Instrument [Line Items]
Long-term Debt	570,000,000
Long-term debt, interest rate	6.625%
Spectrum Brands [Member] \| ABL Facility, expiring May 24, 2017 [Member]
Debt Instrument [Line Items]
Long-term Debt	76,500,000
Long-term debt, interest rate	2.80%		4.30%
Spectrum Brands [Member] \| Other notes and obligations [Member]
Debt Instrument [Line Items]
Long-term Debt	21,900,000		18,100,000
Long-term debt, interest rate	10.60%		10.90%
Spectrum Brands [Member] \| Capitalized lease obligations [Member]
Debt Instrument [Line Items]
Long-term Debt	29,700,000		26,700,000
Long-term debt, interest rate	6.30%		6.20%
FGL [Member] \| 6.375% Senior Notes, Due April 1, 2021 [Member]
Debt Instrument [Line Items]
Long-term Debt	300,000,000
Long-term debt, interest rate	6.375%
EXCO/HGI Partnership [Member] \| EXO/HGI Partnership Credit Agreement, due February 14, 2018 [Member]
Debt Instrument [Line Items]
Long-term Debt	278,600,000
Long-term debt, interest rate	2.70%
Salus Capital Partners L L C [Member] \| 5.80% Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member]
Debt Instrument [Line Items]
Long-term Debt	$ 63,500,000
Long-term debt, interest rate	5.80%

- Definition

The amount of debt discount (net of debt premium) that was originally recognized at the issuance of the instrument that has yet to be amortized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28567-108399

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 21

-Paragraph 16

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28555-108399

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 55

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 21

-Paragraph 20

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

+ References+ Details

Debt - Additional Information (Detail)			1 Months Ended	6 Months Ended	0 Months Ended					1 Months Ended	3 Months Ended			1 Months Ended				1 Months Ended		3 Months Ended	6 Months Ended		1 Months Ended			1 Months Ended			3 Months Ended	6 Months Ended			3 Months Ended	6 Months Ended
Debt - Additional Information (Detail)	Mar. 31, 2013 USD ($)	Sep. 30, 2012 USD ($)	Dec. 30, 2012 ABL Facility, expiring May 24, 2017 [Member] USD ($)	Mar. 31, 2013 ABL Facility, expiring May 24, 2017 [Member] Other assets [Member] USD ($)	Feb. 14, 2013 EXCO/HGI Partnership Credit Agreement [Member]	Feb. 14, 2013 Minimum [Member] LIBOR [Member] EXCO/HGI Partnership Credit Agreement [Member]	Feb. 14, 2013 Minimum [Member] ABR [Member] EXCO/HGI Partnership Credit Agreement [Member]	Feb. 14, 2013 Maximum [Member] LIBOR [Member] EXCO/HGI Partnership Credit Agreement [Member]	Feb. 14, 2013 Maximum [Member] ABR [Member] EXCO/HGI Partnership Credit Agreement [Member]	Dec. 30, 2012 HGI [Member] 10.625% Senior Secured Notes, due November 15, 2015 [Member] USD ($)	Dec. 30, 2012 HGI [Member] 10.625% Senior Secured Notes, due November 15, 2015 [Member] USD ($)	Mar. 31, 2013 HGI [Member] 10.625% Senior Secured Notes, due November 15, 2015 [Member] USD ($)	Sep. 30, 2012 HGI [Member] 10.625% Senior Secured Notes, due November 15, 2015 [Member] USD ($)	Dec. 30, 2012 HGI [Member] 7.875% Senior Secured Notes, due July 15, 2019 [Member] USD ($)	Mar. 31, 2013 HGI [Member] 7.875% Senior Secured Notes, due July 15, 2019 [Member] USD ($)	Sep. 30, 2012 HGI [Member] 7.875% Senior Secured Notes, due July 15, 2019 [Member] USD ($)	Dec. 30, 2012 Spectrum Brands [Member] ABL Facility, expiring May 24, 2017 [Member] USD ($)	Dec. 30, 2012 Spectrum Brands [Member] Term Loan, due December 17, 2019 [Member] USD ($)	Dec. 30, 2012 Spectrum Brands [Member] Term Loan, due December 17, 2019 [Member] CAD	Mar. 31, 2013 Spectrum Brands [Member] Term Loan, due December 17, 2019 [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member] Term Loan, due December 17, 2019 [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member] Term Loan, due December 17, 2019 [Member] Other assets [Member] USD ($)	Dec. 30, 2012 Spectrum Brands [Member] Previous Term Loan Facility [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member] Previous Term Loan Facility [Member] USD ($)	Sep. 30, 2012 Spectrum Brands [Member] Previous Term Loan Facility [Member] USD ($)	Dec. 30, 2012 Spectrum Brands [Member] 6.375% Notes and 6.625% Notes [Member]	Mar. 31, 2013 Spectrum Brands [Member] 6.375% Senior Notes [Member] USD ($)	Sep. 30, 2012 Spectrum Brands [Member] 6.375% Senior Notes [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member] 6.375% Senior Notes [Member] Other assets [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member] 6.375% Senior Notes [Member] Other assets [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member] 6.625% Notes [Member] USD ($)	Sep. 30, 2012 Spectrum Brands [Member] 6.625% Notes [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member] 6.625% Notes [Member] Other assets [Member] USD ($)	Mar. 31, 2013 Spectrum Brands [Member] 6.625% Notes [Member] Other assets [Member] USD ($)	Mar. 31, 2013 FGL [Member] 6.375% Senior Notes, Due April 1, 2021 [Member] USD ($)	Sep. 30, 2012 FGL [Member] 6.375% Senior Notes, Due April 1, 2021 [Member] USD ($)	Mar. 31, 2013 FGL [Member] 6.375% Senior Notes, Due April 1, 2021 [Member] USD ($)	Mar. 31, 2013 EXCO/HGI Partnership [Member] EXCO/HGI Partnership Credit Agreement [Member] USD ($)	Mar. 05, 2013 EXCO/HGI Partnership [Member] EXCO/HGI Partnership Credit Agreement [Member] USD ($)	Feb. 14, 2013 EXCO/HGI Partnership [Member] EXCO/HGI Partnership Credit Agreement [Member] USD ($)	Mar. 31, 2013 Salus Capital Partners L L C [Member] Variable Interest Entity, Primary Beneficiary [Member] USD ($)	Feb. 14, 2013 Salus Capital Partners L L C [Member] Variable Interest Entity, Primary Beneficiary [Member] USD ($)	Feb. 14, 2013 Salus Capital Partners L L C [Member] Maximum [Member] Variable Interest Entity, Primary Beneficiary [Member] USD ($)	Mar. 31, 2013 Salus Capital Partners L L C [Member] 5.80% Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member] USD ($)	Sep. 30, 2012 Salus Capital Partners L L C [Member] 5.80% Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member] USD ($)	Mar. 31, 2013 Salus Capital Partners L L C [Member] 5.80% Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member] Minimum [Member] LIBOR [Member]	Mar. 31, 2013 Salus Capital Partners L L C [Member] 5.80% Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member] Maximum [Member] LIBOR [Member]
Debt Instrument [Line Items]
Debt, face amount										$ 498,000,000.0	$ 498,000,000.0			$ 700,000,000.0				$ 800,000,000.0	100,000,000.0								$ 520,000,000				$ 570,000,000				$ 300,000,000
Long-term debt, interest rate										10.625%	10.625%		10.625%	7.875%	7.875%					4.60%	4.60%				5.10%		6.375%				6.625%				6.375%		6.375%							5.80%
Discharge of remaining outstanding										2,000,000
Cash charges on Interest Expense											58,900,000
Cash charges for fees and expenses											45,700,000
Cash charges related to the Satisfaction and Discharge											200,000
Non-cash charges for the write down/write-off of debt issuance costs and discount/premium											13,000,000
Long-term debt, percentage														99.36%
Original issuance discounts on debt, net														4,500,000
Other assets	374,700,000	172,600,000													20,000,000																						10,200,000
Redemption price of debt instrument to percentage of principal amount														100.00%
Debt instrument principal amount redemption percentage														35.00%
Proceeds from repurchase of equity, percentage														107.875%
Original maturity date														90 days
Redemption percentage of aggregate debt outstanding														65.00%
Debt maturity date																		Dec. 17, 2019	Dec. 17, 2019				Jun. 17, 2016
Basis spread on variable rate						1.75%	0.75%	2.75%	1.75%																																					2.50%	10.50%
Long-term Debt	4,605,200,000	2,165,000,000											500,000,000		700,000,000.0					795,000,000	795,000,000		370,200,000		370,200,000		520,000,000				570,000,000				300,000,000									63,500,000
Adjustment to increase interest expense																					5,500,000
Debt issuance costs																				400,000	19,100,000
Unamortized Debt Issuance Costs				300,000																		16,700,000							100,000	12,900,000			100,000	14,100,000
Interest Expense, Debt																					2,400,000
Minimum percentage of aggregate outstanding principal held by registered holders																										25.00%
Asset based lending revolving credit facility, before increase			300,000,000.0
Asset based lending revolving credit facility			400,000,000.0															800,000,000	100,000,000																				470,000,000.0	400,000,000.0
Extended Maturity Date			May 24, 2017
Aggregate borrowing availability																	238,400,000
Net of lender reserves																	8,700,000
Letter of credit outstanding																	26,300,000
Line of credit, amount outstanding to partnership																																						374,000,000
Line of credit amount outstanding																																						278,600,000
Line of credit agreement, minimum percentage of secuity interest in oil and gas properties collateralizing borrowings					80.00%
Line of credit agreement, days after forrmation partnership required to enter into derivative financial instruments					60 days
Line of credit agreement, partnership required to enter into derivative financial instruments, minimum percentage covering forecasted proved natural gas production, year one					75.00%
Line of credit agreement, partnership required to enter into derivative financial instruments, minimum percentage covering forecasted proved natural gas production, year two					50.00%
Line of credit agreement, partnership required to enter into derivative financial instruments, maximum percentage covering forecasted proved natural gas production, year one and two					100.00%
Line of credit agreement, partnership required to enter into derivative financial instruments, maximum percentage covering forecasted proved natural gas production, year three					90.00%
Line of credit agreement, partnership required to enter into derivative financial instruments, maximum percentage covering forecasted proved natural gas production, year four and five					85.00%
Line of credit facility, convenant terms, current ratio					1.0
Line of cedit facility, covenant terms, ratio of indebtedness to EBITDAX					4.5
Collateralized loan obligation of consolidated VIE																																									63,500,000
Asset-backed loans	$ 241,600,000	$ 180,100,000																																								$ 175,500,000	$ 250,000,000

Defined Benefit Plans - Components of Consolidated Net Periodic Benefit and Deferred Compensation Benefit Costs and Contributions Made (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Defined Benefit Plan Disclosure [Line Items]
Number of separate contributory plans			2
Net periodic benefit cost [Member]
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	$ 0.9	$ 0.7	$ 1.7	$ 1.3
Interest cost	2.7	2.7	5.3	4.9
Expected return on assets	(2.4)	(2.3)	(4.9)	(3.8)
Recognized net actuarial loss	0.6	0.3	1.1	0.3
Employee contributions	(0.1)	(0.1)	(0.1)	(0.1)
Net periodic benefit expense	1.7	1.3	3.1	2.6
Contributions made during period	$ 1.2	$ 1.7	$ 1.9	$ 2.6

Reinsurance - Effect of Reinsurance on Premiums Earned, Benefits Incurred and Reserve Changes (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Insurance Premiums:
Direct	$ 70.0	$ 75.0	$ 142.4	$ 151.2
Assumed	3.3	12.1	15.4	24.3
Ceded	(59.2)	(73.8)	(129.9)	(145.4)
Net	14.1	13.3	27.9	30.1
Benefits and Other Changes in Insurance Policy Reserves:
Direct	289.3	287.1	428.9	524.8
Assumed	1.0	9.5	7.5	18.0
Ceded	(49.4)	(54.8)	(111.9)	(124.1)
Net	$ 240.9	$ 241.8	$ 324.5	$ 418.7

Reinsurance - Additional Information (Detail) (USD $)	6 Months Ended			0 Months Ended	6 Months Ended
Reinsurance - Additional Information (Detail) (USD $)	Mar. 31, 2013	Oct. 17, 2011	Apr. 08, 2011	Jan. 01, 2013 Fgl Reinsurance Agreement With Fsr [Member]	Mar. 31, 2013 Nomura [Member]
Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items]
Fair value of insurance transferred assets		$ 580,700,000	$ 535,800,000
Pre-tax gain on reinsurance transactions deferred	18,000,000
Reserve financing facility					295,000,000
Upfront structuring fee					2,800,000
LetterofCreditFutureQuarterlyReductiun					6,300,000
Reinsurance arrangment in percentage				10.00%
Payments for reinsurance				$ 1,500,000,000

Stock Compensation - Consolidated Stock Compensation Expense (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock compensation expense	$ 15.7	$ 7.3	$ 22.2	$ 11.8
Less:
Related tax benefit	0.2		0.5
Noncontrolling interest	4.9	2.9	6.3	4.9
Net	$ 10.6	$ 4.4	$ 15.4	$ 6.9

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References+ Details

Stock Compensation - Summary of Stock Options Outstanding and Related Activity (Detail) (Stock option awards [Member], USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
HGI [Member]
Options (in shares):
Stock options outstanding at September 30, 2012			2,285
Granted	30	2,000	1,528	2,075
Exercised			0
Forfeited or expired			0
Stock options outstanding at March 31, 2013	3,813		3,813
Stock options vested and exercisable at March 31, 2013			846
Stock options outstanding and expected to vest	2,966		2,966
Weighted Average Exercise Price (in dollars per share):
Stock options outstanding at September 30, 2012			$ 4.96
Granted			$ 8.52
Exercised			$ 0.00
Forfeited or expired			$ 0.00
Stock options outstanding at March 31, 2013	$ 6.38		$ 6.38
Stock options vested and exercisable at March 31, 2013			$ 6.08
Stock options outstanding and expected to vest	$ 6.47		$ 6.47
Weighted Average Grant Date Fair Value (in dollars per share):
Stock options outstanding at September 30, 2012			$ 1.77
Granted			$ 3.53
Exercised			$ 0.00
Forfeited or expired			$ 0.00
Stock options outstanding at March 31, 2013	$ 2.47		$ 2.47
Stock options vested and exercisable at March 31, 2013			$ 2.32
Stock options outstanding and expected to vest	$ 2.52		$ 2.52
FGL [Member]
Options (in shares):
Stock options outstanding at September 30, 2012			201
Granted	194	205	194	205
Exercised			(15)
Forfeited or expired			0
Stock options outstanding at March 31, 2013	380		380
Stock options vested and exercisable at March 31, 2013			0
Stock options outstanding and expected to vest	330		330
Weighted Average Exercise Price (in dollars per share):
Stock options outstanding at September 30, 2012			$ 38.20
Granted			$ 49.45
Exercised			$ 38.14
Forfeited or expired			$ 0.00
Stock options outstanding at March 31, 2013	$ 43.34		$ 43.34
Stock options vested and exercisable at March 31, 2013			$ 0.00
Stock options outstanding and expected to vest	$ 43.34		$ 43.34
Weighted Average Grant Date Fair Value (in dollars per share):
Stock options outstanding at September 30, 2012			$ 3.90
Granted			$ 3.85
Exercised			$ 3.90
Forfeited or expired			$ 0.00
Stock options outstanding at March 31, 2013	$ 3.88		$ 3.88
Stock options vested and exercisable at March 31, 2013			$ 0.00
Stock options outstanding and expected to vest	$ 3.88		$ 3.88

Stock Compensation - Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity (Detail) (USD $)	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
HGI [Member] \| Restricted stock awards [Member]
Shares:
Restricted award outstanding at September 30, 2012			830,000
Granted	29,000	700,000	3,256,000	768,000
Vested			(633,000)
Restricted award outstanding at March 31, 2013	3,453,000		3,453,000
Restricted award expected to vest	3,453,000		3,453,000
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award outstanding at September 30, 2012			$ 4.93
Granted			$ 8.52
Vested			$ 8.23
Restricted award outstanding at March 31, 2013	$ 7.71		$ 7.71
Restricted award expected to vest	$ 7.71		$ 7.71
HGI [Member] \| Restricted stock units [Member]
Shares:
Restricted award outstanding at September 30, 2012			17,000
Granted		0	9,000	22,000
Vested			(17,000)
Forfeited			0
Restricted award outstanding at March 31, 2013	9,000		9,000
Restricted award vested and exercisable at March 31, 2013	22,000		22,000
Restricted award expected to vest	9,000		9,000
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award outstanding at September 30, 2012			$ 4.61
Granted			$ 8.33
Vested			$ 4.61
Forfeited
Restricted award outstanding at March 31, 2013	$ 0.00		$ 0.00
Restricted award vested and exercisable at March 31, 2013	$ 4.61		$ 4.61
Restricted award expected to vest	$ 8.33		$ 8.33
Spectrum Brands [Member] \| Restricted stock awards [Member]
Shares:
Restricted award outstanding at September 30, 2012			13,000
Granted
Vested
Restricted award outstanding at March 31, 2013	13,000		13,000
Restricted award expected to vest	13,000		13,000
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award outstanding at September 30, 2012			$ 28.00
Granted			$ 0.00
Vested			$ 0.00
Restricted award outstanding at March 31, 2013	$ 28.00		$ 28.00
Restricted award expected to vest	$ 28.00		$ 28.00
Spectrum Brands [Member] \| Restricted stock units [Member]
Shares:
Restricted award outstanding at September 30, 2012			1,931,000
Granted	62,000	13,000	636,000	717,000
Vested			(1,005,000)
Forfeited			(266,000)
Restricted award outstanding at March 31, 2013	1,296,000		1,296,000
Restricted award vested and exercisable at March 31, 2013	0		0
Restricted award expected to vest	1,296,000		1,296,000
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award outstanding at September 30, 2012			$ 28.45
Granted			$ 45.03
Vested			$ 28.31
Forfeited			$ 28.99
Restricted award outstanding at March 31, 2013	$ 36.58		$ 36.58
Restricted award vested and exercisable at March 31, 2013	$ 0.00		$ 0.00
Restricted award expected to vest	$ 36.58		$ 36.58
FGL [Member] \| Restricted stock units [Member]
Shares:
Restricted award outstanding at September 30, 2012			0
Granted	52,000		52,000
Vested			0
Forfeited			0
Restricted award outstanding at March 31, 2013	52,000		52,000
Restricted award vested and exercisable at March 31, 2013	0		0
Restricted award expected to vest	41,000		41,000
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award outstanding at September 30, 2012			$ 0.00
Granted			$ 3.85
Vested			$ 0.00
Forfeited			$ 0.00
Restricted award outstanding at March 31, 2013	$ 3.85		$ 3.85
Restricted award vested and exercisable at March 31, 2013	$ 0.00		$ 0.00
Restricted award expected to vest	$ 3.85		$ 3.85

Stock Compensation - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended					3 Months Ended		6 Months Ended		3 Months Ended				6 Months Ended		3 Months Ended			6 Months Ended		3 Months Ended		6 Months Ended	3 Months Ended		6 Months Ended								6 Months Ended			3 Months Ended		6 Months Ended		3 Months Ended	6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013 HGI [Member]	Mar. 31, 2013 HGI [Member] HGI's executive bonus plan [Member] Minimum [Member]	Mar. 31, 2013 HGI [Member] HGI's executive bonus plan [Member] Maximum [Member]	Mar. 31, 2013 HGI [Member] Stock option awards [Member]	Apr. 01, 2012 HGI [Member] Stock option awards [Member]	Mar. 31, 2013 HGI [Member] Stock option awards [Member]	Apr. 01, 2012 HGI [Member] Stock option awards [Member]	Mar. 31, 2013 HGI [Member] Stock option awards [Member] Minimum [Member]	Apr. 01, 2012 HGI [Member] Stock option awards [Member] Maximum [Member]	Mar. 31, 2013 HGI [Member] Restricted stock awards [Member]	Apr. 01, 2012 HGI [Member] Restricted stock awards [Member]	Mar. 31, 2013 HGI [Member] Restricted stock awards [Member]	Apr. 01, 2012 HGI [Member] Restricted stock awards [Member]	Mar. 31, 2013 HGI [Member] Restricted stock awards [Member] Minimum [Member]	Apr. 01, 2012 HGI [Member] Restricted stock awards [Member] Maximum [Member]	Apr. 01, 2012 HGI [Member] Restricted stock units [Member]	Mar. 31, 2013 HGI [Member] Restricted stock units [Member]	Apr. 01, 2012 HGI [Member] Restricted stock units [Member]	Mar. 31, 2013 HGI [Member] Restricted stock units [Member] Minimum [Member]	Apr. 01, 2012 HGI [Member] Restricted stock units [Member] Maximum [Member]	Mar. 31, 2013 Spectrum Brands [Member] Restricted stock awards [Member]	Mar. 31, 2013 Spectrum Brands [Member] Restricted stock units [Member]	Apr. 01, 2012 Spectrum Brands [Member] Restricted stock units [Member]	Mar. 31, 2013 Spectrum Brands [Member] Restricted stock units [Member]	Apr. 01, 2012 Spectrum Brands [Member] Restricted stock units [Member]	Mar. 31, 2013 Spectrum Brands [Member] Time-based restricted stock units vesting over one year [Member]	Apr. 01, 2012 Spectrum Brands [Member] Time-based restricted stock units vesting over one year [Member]	Mar. 31, 2013 Spectrum Brands [Member] Performance based restricted stock units vesting over one year [Member]	Mar. 31, 2013 Spectrum Brands [Member] Performance based and time based restricted stock units vesting over two year [Member]	Apr. 01, 2012 Spectrum Brands [Member] Performance based and time based restricted stock units vesting over two year [Member]	Jan. 01, 2012 Spectrum Brands [Member] Performance based and time based restricted stock units vesting over two year [Member]	Mar. 31, 2013 FGL [Member]	Mar. 31, 2013 FGL [Member] Cash Settlement [Member]	Mar. 31, 2013 FGL [Member] Unvested Option Awards to Fair Value [Member]	Mar. 31, 2013 FGL [Member] Stock option awards [Member]	Apr. 01, 2012 FGL [Member] Stock option awards [Member]	Mar. 31, 2013 FGL [Member] Stock option awards [Member]	Apr. 01, 2012 FGL [Member] Stock option awards [Member]	Mar. 31, 2013 FGL [Member] Restricted stock units [Member]	Mar. 31, 2013 FGL [Member] Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, granted								30,000	2,000,000	1,528,000	2,075,000																												194,000	205,000	194,000	205,000
Vesting period						12 months	36 months					12 months	36 months					7 months	36 months				7 months	12 months																	3 years	3 years		3 years
Grant date fair value								$ 100,000	$ 3,500,000	$ 5,400,000	$ 3,600,000			$ 200,000	$ 3,400,000	$ 27,700,000	$ 3,700,000				$ 100,000	$ 100,000																	$ 600,000	$ 600,000	$ 600,000	$ 600,000	$ 2,000,000	$ 2,000,000
Equity intruments other than options granted														29,000	700,000	3,256,000	768,000			0	9,000	22,000				62,000	13,000	636,000	717,000	22,000	18,000	90,000	524,000										52,000	52,000
Remaining shares are restricted stock grants																										614,000		614,000							699,000
Equity instruments other than options, grant date fair value																												28,600,000	19,300,000
Time-based and vest over period of restricted stock units																														1 year		1 year	2 years	2 years
Dividend equivalent vesting provision																																				900,000
Stock compensation expense	15,700,000	7,300,000	22,200,000	11,800,000																																	600,000	100,000
Compensation cost not yet recognized					$ 19,400,000																															$ 3,500
Unrecognized compensation cost expected to recognized, years					2 years 5 months 27 days																															2 years 4 months 28 days
Weighted average remaining contractual term of outstanding stock option awards					9 years 2 months 13 days																															2 years 0 months 7 days

Stock Compensation - Assumptions Used in Determination of Grant Date Fair Values Using Black-Scholes Option Pricing Model (Detail)	6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012
HGI [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	0.85%	1.19%
Assumed dividend yield	0.00%	0.00%
Expected option term		6 years
Volatility		33.00%
HGI [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected option term	5 years 3 months 18 days
Volatility	42.80%
HGI [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected option term	6 years
Volatility	44.00%
FGL [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	0.80%	0.80%
Assumed dividend yield	8.00%	10.00%
Expected option term	4 years 6 months	4 years 6 months
Volatility	27.00%	35.00%

- Definition

The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

+ References+ Details

Income Taxes - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012	Sep. 30, 2012
Income Taxes [Line Items]
Effective income tax rate	425.80%	101.20%	88.10%	55.50%
Statutory rate	35.00%		35.00%
Valuation allowance, change in amount			$ 49.3
Unrecognized tax benefits	9.5		9.5		5.9
Uncertain tax positions [Member]
Income Taxes [Line Items]
Accrued interest and penalties related to the uncertain tax positions	3.8		3.8		3.6
Reinsurance transaction [Member]
Income Taxes [Line Items]
Valuation allowance, change in amount		(19.0)		(19.0)
Contingent purchase price reduction receivable [Member]
Income Taxes [Line Items]
Valuation allowance, change in amount		41.0		41.0
Business acquisition [Member]
Income Taxes [Line Items]
Valuation allowance, change in amount				$ (13.9)

- Definition

A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period by GAAP-basis pretax income from continuing operations.

+ References+ Details

- Definition

The domestic federal statutory tax rate applicable under enacted tax laws to the Company's pretax income from continuing operations for the period. The "statutory" tax rate is the regular tax rate if there are alternative tax systems.

+ References+ Details

- Definition

The amount of the change in the period in the valuation allowance for a specified deferred tax asset.

+ References+ Details

Earnings Per Share - Summary of Basic and Diluted EPS (Detail) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified

3 Months Ended

6 Months Ended

Mar. 31, 2013

Apr. 01, 2012

Mar. 31, 2013

Apr. 01, 2012

Earnings Per Share [Abstract]

Net (loss) income attributable to common and participating preferred stockholders

$ (45.5)

$ (3.9)

$ 16.5

$ 19.9

Participating shares at end of period:

Common shares outstanding

139,724

139,349

139,724

139,349

Preferred shares (as-converted basis)

62,839

62,215

62,839

62,215

Total

202,563

201,564

202,563

201,564

Percentage of (loss) income allocated to:

Common shares

100.00%

69.00%

69.10%

Preferred shares (a)

0.00%

^[1]

0.00%

^[1]

31.00%

^[1]

30.90%

^[1]

Net (loss) income attributable to common shares - basic

(45.5)

(3.9)

11.4

13.8

Dilutive adjustments to (loss) income attributable to common shares from assumed conversion of preferred shares, net of tax:

Income allocated to preferred shares in basic calculation

5.1

Reversal of preferred stock dividends and accretion

24.3

Reversal of income related to fair value of preferred stock conversion feature

(29.3)

Net adjustment

0.1

Net (loss) income attributable to common shares - diluted

$ (45.5)

$ (3.9)

$ 11.5

$ 13.8

Weighted-average common shares outstanding - basic

139,724

139,346

139,604

139,346

Dilutive effect of preferred stock

62,839

Dilutive effect of unvested restricted stock and restricted stock units

1,856

Dilutive effect of stock options

592

Weighted-average shares outstanding - diluted

139,724

139,346

204,891

139,346

Net (loss) income per common share attributable to controlling interest:

Basic (in dollars per share)

$ (0.33)

$ (0.03)

$ 0.08

$ 0.10

Diluted (in dollars per share)

$ (0.33)

$ (0.03)

$ 0.06

$ 0.10

[1]	Losses are not allocated to the convertible participating preferred shares since they have no contractual obligation to share in such losses.

Earnings Per Share - Antidilutive Securities (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Preferred shares (as-converted basis)	62,839	62,215	62,839	62,215
Preferred share conversion price	$ 6.64		$ 6.64
Basic (in dollars per share)	$ (0.33)	$ (0.03)	$ 0.08	$ 0.10
Diluted (in dollars per share)	$ (0.33)	$ (0.03)	$ 0.06	$ 0.10
Basic earnings per share adjusted (in dollars per share)		$ (0.02)
Diluted earnings per share adjusted (in dollars per share)		$ (0.02)
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	566
Restricted stock awards [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	1,403

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Antidilution

-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Diluted Earnings Per Share

-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Contingent Stock Agreement

-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 13, 14

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 171

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

+ Details

- Definition

+ References+ Details

Commitments and Contingencies - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	6 Months Ended	3 Months Ended		1 Months Ended	6 Months Ended
	Mar. 31, 2013	Mar. 31, 2013 Maximum [Member]	Mar. 31, 2013 Minimum [Member]	Jul. 31, 2012 FGL [Member]	Mar. 31, 2013 FGL [Member]	Mar. 31, 2013 Spectrum Brands [Member]
Commitment And Contingencies [Line Items]
Reserves for legal, environmental and regulatory matters	$ 21.6
Environmental costs recognized, capitalized						5.3
Accrued amount of guaranty fund assessments					5.8
Estimated future premium tax deductions					4.3
Pre-tax charge, net of reinsurance, to increase reserves to cover potential benefits payable				11.0
Administrative costs and potential liabilities					2.0
Estimated range of external legal costs		3.0	1.0
Notional amount of unfunded, legally binding lending commitments	140.9
Expiration of partial amount of unfunded, legally binding lending commitments	$ 11.1
Expiry date of partial amount of notional amount		1 year
Expiry date of remainder part of notional amount		4 years	1 year
Interest rate on senior notes	7.875%

Other Required Disclosures - Variable Interest Entites (Details) (Salus Capital Partners L L C [Member], Variable Interest Entity, Primary Beneficiary [Member], USD $) In Millions, unless otherwise specified	Mar. 31, 2013
Salus Capital Partners L L C [Member] \| Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Maximum loss exposure	$ 201.3
Asset-backed loans receivable	201.3
Cash and other assets	28.4
Total assets of consolidated VIE	229.7
Long-term debt	225.0
Other liabilities	3.2
Total liabilities of consolidated VIE	$ 228.2

Other Required Disclosures - Equity Method Investments (Details) (HGI Energy Holdings, LLC [Member], EXCO/HGI Partnership and the General Partner [Member], USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2013
HGI Energy Holdings, LLC [Member] \| EXCO/HGI Partnership and the General Partner [Member]
Assets
Total current assets	$ 46.6
Oil and natural gas properties, net	831.8
Other assets	34.6
Total assets	913.0
Liabilities and members' equity
Total current liabilities	51.7
Total long-term liabilities	406.0
Total members' equity	455.3
Total liabilities and members' equity	913.0
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]
Revenues	22.4
Costs and Expenses
Oil and natural gas direct operating costs	11.8
Selling, acquisition, operating and general expenses	9.6
Total costs and expenses	21.4
Operating income	1.0
Other expense	(13.1)
Net loss	$ (12.1)

Other Required Disclosures - Components of Receivables, Net (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade accounts receivable	$ 530.4	$ 357.2
Contingent purchase price reduction receivable (Note 3)	41.0	41.0
Other receivables	50.5	38.1
Total receivables	621.9	436.3
Less: Allowance for doubtful trade accounts receivable	28.5	21.9
Total receivables, net	593.4	414.4
Consumer Products Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade accounts receivable	508.5	357.2
Oil and Gas Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade accounts receivable	$ 21.9

- Definition

An amount representing an agreement for an unconditional promise by the maker to pay the Entity (holder) a definite sum of money at a future date(s) within one year of the balance sheet date or the normal operating cycle, whichever is longer. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale.

+ References+ Details

Other Required Disclosures - Components of Inventories (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Inventory, Net [Abstract]
Raw materials	$ 112.1	$ 58.5
Work-in-process	51.6	23.4
Finished goods	541.7	370.7
Total inventories	$ 705.4	$ 452.6

Other Required Disclosures - Components of Properties (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Property, Plant and Equipment [Line Items]
Oil and Gas Properties Unproved	$ 52.9
Oil and natural gas properties (full accounting method)	572.5
Less: Accumulated depletion	5.7
Total oil and natural gas properties, net	619.7
Total properties, at cost	590.6	437.7
Less accumulated depreciation	244.7	216.1
Properties, net	345.9	221.6
Property, Plant and Equipment including Oil and Gas Property, Net	965.6	221.6
Land, buildings and improvements [Member]
Property, Plant and Equipment [Line Items]
Total properties, at cost	121.2	93.6
Gas Gathering and Processing Equipment [Member]
Property, Plant and Equipment [Line Items]
Total properties, at cost	21.5
Machinery, equipment and other [Member]
Property, Plant and Equipment [Line Items]
Total properties, at cost	413.9	325.7
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Total properties, at cost	$ 34.0	$ 18.4

- Definition

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

+ References+ Details

- Definition

Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References+ Details

- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References+ Details

Other Required Disclosures - Schedule of Other Assets (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Other Assets:
Prepaid expenses and other current assets	$ 168.5	$ 53.1
Debt issuance costs	94.2	50.9
Deferred charges and other assets	112.0	68.6
Total other assets	$ 374.7	$ 172.6

- Definition

For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain.

+ References+ Details

Other Required Disclosures - Components of Accounts Payable and Other Current Liabilities (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012
Accounts payable and other current liabilities:
Accounts payable	$ 401.7	$ 325.9
Wages and benefits	86.3	110.9
Income taxes payable	31.4	96.6
Accrued interest	76.8	50.4
Accrued expenses	22.7	25.1
Oil and natural gas revenues and royalties payable	19.1
Accrued dividends on Preferred Stock	8.4	8.3
Restructuring and related charges	7.7	6.6
Other	141.4	130.4
Total accounts payable and other current liabilities	$ 795.5	$ 754.2

Other Required Disclosures - Schedule of Other Liabilities (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Feb. 14, 2013	Sep. 30, 2012
Other liabilities:
Amounts payable for investment purchases	$ 95.7		$ 206.7
Retained asset account	208.2		203.7
Amounts payable to reinsurers	30.1		32.0
Remittances and items not allocated	36.4		29.5
Oil and natural gas asset-retirement obligations	24.3	18.5	0
Other	94.2		128.7
Total other liabilities	$ 488.9		$ 600.6

- Definition

The carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees.

+ References+ Details

- Definition

Aggregate amounts payable to broker-dealers and clearing organizations include amounts payable for securities failed to receive, certain deposits received for securities loaned, amounts payable to clearing organizations on open transactions, and floor-brokerage payables. In addition, the net receivable or payable arising from unsettled trades would be reflected in those captions. A broker-dealer that purchases securities, either for its own account or for a customer's account, but does not receive the securities on the settlement date records the amount of money representing the purchase price of the securities, including any accrued interest, as a liability to the selling broker-dealer. This liability is paid when the securities are received by the purchasing broker-dealer.

+ References+ Details

Other Required Disclosures - Asset Retirement Obligations (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Mar. 31, 2013	Feb. 14, 2013
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Asset retirement obligations at inception	$ 0	$ 18.5
Adjustment to liability due to acquisitions	5.5
Accretion of discount	0.3
Asset retirement obligations at end of period	24.3	18.5
Less current portion	1.2
Long-term portion	$ 23.1

- Definition

+ References+ Details

- Definition

Amount of accretion expense recognized during the period that is associated with an asset retirement obligation. Accretion expense measures and incorporates changes due to the passage of time into the carrying amount of the liability.

+ References+ Details

Other Required Disclosures - Summarization of Restructuring and Related Charges (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Charges	$ 7.9	$ 4.3	$ 14.5	$ 12.0
Global Cost Reduction Initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Charges	5.2	4.2	11.7	11.3
Charges Since Inception			94.7
Expected Future Charges			6.2
Total Projected Costs			100.9
Expected Completion Date			Jan. 31, 2015
Other initiatives [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Charges	2.7	0.1	2.8	0.7
Consumer products cost of goods sold classification [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Charges	2.6	1.7	3.7	6.3
Selling, acquisition, operating and general expenses classification [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Charges	$ 5.3	$ 2.6	$ 10.8	$ 5.7

- Definition

Date the exit and disposal activities were completed or are expected to be completed, in CCYY-MM-DD format.

+ References+ Details

- Definition

Amount of costs incurred to date for the specified type of restructuring cost.

+ References+ Details

- Definition

Amount expected to be charged against earnings in the current and future periods for the specified restructuring cost.

+ References+ Details

- Definition

Discloses the amount charged against the accrued restructuring reserves, or earnings if not previously accrued, during the period for the specified type of restructuring cost.

+ References+ Details

Other Required Disclosures - Summarization of Remaining Accrual Balance Associated with Initiatives and Activity (Detail) (USD $)
In Millions, unless otherwise specified

6 Months Ended

Mar. 31, 2013

Restructuring Cost and Reserve [Line Items]

Accrual Balance at September 30, 2012

$ 6.6

Provisions

4.8

Cash Expenditures

(3.7)

Accrual Balance at March 31, 2013

7.7

Expensed as Incurred

7.1

^[1]

Global Cost Reduction Initiatives [Member]

Restructuring Cost and Reserve [Line Items]

Accrual Balance at September 30, 2012

4.4

Provisions

4.8

Cash Expenditures

(3.3)

Accrual Balance at March 31, 2013

5.9

Expensed as Incurred

6.9

^[1]

Termination benefits [Member]

Restructuring Cost and Reserve [Line Items]

Accrual Balance at September 30, 2012

3.3

Provisions

4.5

Cash Expenditures

(2.7)

Accrual Balance at March 31, 2013

5.1

Expensed as Incurred

0.7

^[1]

Other costs [Member]

Restructuring Cost and Reserve [Line Items]

Accrual Balance at September 30, 2012

1.1

Provisions

0.3

Cash Expenditures

(0.6)

Accrual Balance at March 31, 2013

0.8

Expensed as Incurred

6.2

^[1]

Other initiatives [Member]

Restructuring Cost and Reserve [Line Items]

Accrual Balance at September 30, 2012

2.2

Provisions

Cash Expenditures

(0.4)

Accrual Balance at March 31, 2013

1.8

Expensed as Incurred

$ 0.2

^[1]

[1]	Consists of amounts not impacting the accrual for restructuring and related charges.

- Definition

Amount of any reversal and other adjustment made during the period to the amount of a previously accrued liability for a specified type of restructuring cost, excluding adjustments for costs incurred during the period, costs settled during the period, and foreign currency translation adjustments.

+ References+ Details

- Definition

Amount of cash paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost.

+ References+ Details

Other Required Disclosures - Additional Information (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended			3 Months Ended	6 Months Ended
	Mar. 31, 2013 customer	Apr. 01, 2012 customer	Mar. 31, 2013 customer	Apr. 01, 2012 customer	Sep. 30, 2012	Mar. 31, 2013 HHI Business prior to Acquisition by Spectrum Brands Initiatives [Member]	Mar. 31, 2013 HHI Business prior to Acquisition by Spectrum Brands Initiatives [Member]	Mar. 31, 2013 Salus Capital Partners L L C [Member] Variable Interest Entity, Primary Beneficiary [Member]	Feb. 14, 2013 Salus Capital Partners L L C [Member] Variable Interest Entity, Primary Beneficiary [Member]
Asset-backed loans	$ 241.6		$ 241.6		$ 180.1				$ 175.5
Asset-backed loans receivable								201.3
VIE, long-term debt								225.0
Collateralized loan obligation of consolidated VIE								63.5
VIE, asset-baked loans receivable, portion seller interest								62.5
Entity-wide revenue, number of major customers	1	1	1	1
Retail outlet chain customer of Spectrum Brands, net sales	16.00%	21.00%	19.00%	23.00%
Retail outlet chain customer of Spectrum Brands, trade accounts			9.00%	13.00%
Net sales occurred outside the United States	37.00%	42.00%	44.00%	46.00%
Shipping and handling costs	66.0	49.3	116.0	99.6
Restructuring charges	$ 7.9	$ 4.3	$ 14.5	$ 12.0		$ 2.7	$ 2.7

Related Party Transactions - Additional Information (Detail) (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Mar. 31, 2013	Apr. 01, 2012	Mar. 31, 2013	Apr. 01, 2012
Related Party Transaction [Line Items]
Services Agreement advance written notice period for termination			30 days
Expenses related to Services Agreement	$ 0.8		$ 1.0
Reimbursement of Harbinger Capital expenses		0.6		1.3
Secondary offering, shares			23,000,000
Registration Rights Agreement [Member]
Related Party Transaction [Line Items]
Secondary offering, shares				23,000,000
Offering cost incurred by company				$ 0.4

Segment Data - Segment Information (Detail) (USD $)
In Millions, unless otherwise specified

3 Months Ended

6 Months Ended

Mar. 31, 2013

Apr. 01, 2012

Mar. 31, 2013

Apr. 01, 2012

Sep. 30, 2012

Revenues:

Consolidated revenues

$ 1,411.9

$ 1,105.7

$ 2,634.2

$ 2,271.7

Operating income (loss):

Consolidated operating income

134.0

95.9

349.4

207.7

Interest expense

(75.7)

(84.1)

(218.8)

(140.0)

(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock

(39.6)

(26.4)

29.3

1.5

Gain on contingent purchase price reduction

41.0

Other expense, net

(3.2)

(9.7)

(11.9)

(8.5)

Income from continuing operations before income taxes

15.5

16.7

148.0

101.7

Total assets:

Consolidated total assets

27,716.7

25,200.4

Total cash provided from operating activities:

Cash used in corporate operating activities

(79.2)

150.6

Consolidated cash provided from operating activities

(87.4)

106.3

Consumer Products [Member]

Revenues:

Consolidated revenues

987.8

746.3

1,858.0

1,595.1

Operating income (loss):

Consolidated operating income

52.3

55.2

120.4

138.9

Interest expense

(130.2)

(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock

Gain on contingent purchase price reduction

Other expense, net

(5.3)

Income from continuing operations before income taxes

(15.1)

28.5

Total assets:

Consolidated total assets

5,520.7

3,751.6

Total cash provided from operating activities:

Total cash provided from segment operating activities

(197.8)

(148.9)

Insurance [Member]

Revenues:

Consolidated revenues

402.7

359.1

746.3

676.3

Operating income (loss):

Consolidated operating income

109.4

55.8

273.0

91.0

Interest expense

(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock

Gain on contingent purchase price reduction

41.0

Other expense, net

0.3

Income from continuing operations before income taxes

274.4

130.7

Total assets:

Consolidated total assets

21,295.5

20,990.3

Total cash provided from operating activities:

Total cash provided from segment operating activities

188.3

104.4

Energy Segment [Member]

Revenues:

Consolidated revenues

16.7

Operating income (loss):

Consolidated operating income

0.5

Interest expense

(0.9)

(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock

Gain on contingent purchase price reduction

Other expense, net

(8.9)

Income from continuing operations before income taxes

(10.4)

Total assets:

Consolidated total assets

680.1

Total cash provided from operating activities:

Total cash provided from segment operating activities

2.7

Other Financial Services [Member]

Revenues:

Consolidated revenues

8.7

0.4

19.3

0.4

Operating income (loss):

Consolidated operating income

5.2

(0.8)

12.5

(1.0)

Interest expense

(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock

Gain on contingent purchase price reduction

Other expense, net

(0.1)

Income from continuing operations before income taxes

6.9

(1.1)

Total assets:

Consolidated total assets

295.7

195.1

Total cash provided from operating activities:

Total cash provided from segment operating activities

(1.4)

0.2

Total segments [Member]

Operating income (loss):

Consolidated operating income

163.5

110.1

400.3

228.8

Total assets:

Consolidated total assets

27,475.2

24,754.9

Total cash provided from operating activities:

Total cash provided from segment operating activities

(8.2)

(44.3)

Intersegment elimination [Member]

Revenues:

Consolidated revenues

(4.0)

(0.1)

(6.1)

(0.1)

Operating income (loss):

Consolidated operating income

(3.9)

(0.1)

(6.1)

(0.1)

Interest expense

(108.0)

(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock

Gain on contingent purchase price reduction

Other expense, net

Income from continuing operations before income taxes

(148.6)

(108.0)

Total assets:

Consolidated total assets

(316.8)

(182.1)

Corporate expenses [Member]

Revenues:

Consolidated revenues

Operating income (loss):

Consolidated operating income

(29.5)

^[1]

(14.2)

^[1]

(50.9)

(21.1)

^[1]

Interest expense

(87.7)

108.0

(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock

29.3

1.5

Gain on contingent purchase price reduction

Other expense, net

2.1

(8.5)

Income from continuing operations before income taxes

40.8

51.6

Total assets:

Consolidated total assets

2,463.8

2,303.7

Total cash provided from operating activities:

Start-up costs

0.9

1.7

Acquisition related cost

4.7

0.6

11.1

2.1

Corporate assets [Member]

Total assets:

Consolidated total assets

$ 241.5

$ 445.5

[1]

Included in corporate expenses for the three and six months ended March 31, 2013 and April 1, 2012, are $0.0 and $0.9, and $0.9 and $1.7, respectively, for start-up costs relating to Front Street and Salus, and $4.7 and $11.1, and $0.6 and $2.1, respectively, relating to acquisitions and other projects.

Consolidating Financial Information - Schedule of Balance Sheet Information (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Sep. 30, 2012	Jan. 01, 2012	Sep. 30, 2011
Assets:
Investments	$ 17,033.5	$ 16,918.4
Cash and cash equivalents	1,475.0	1,470.7	2,319.7	1,137.4
Receivables, net	593.4	414.4
Inventories, net	705.4	452.6
Accrued investment income	169.5	191.6
Reinsurance recoverable	2,330.4	2,363.1
Deferred tax assets	167.7	312.7
Properties, including oil and natural gas properties, net	965.6	221.6
Goodwill	1,434.0	694.2
Intangibles, including DAC and VOBA, net	2,467.5	1,988.5
Other assets	374.7	172.6
Total assets	27,716.7	25,200.4
Liabilities and Equity:
Debt	4,567.2	2,150.6
Accounts payable and other current liabilities	401.7	325.9
Equity conversion feature of preferred stock	202.7	232.0
Employee benefit obligations	104.5	95.1
Deferred tax liabilities	515.2	382.4
Other liabilities	488.9	600.6
Total liabilities	25,791.3	23,282.3
Temporary equity	326.8	319.2
Total stockholders' equity	1,171.9	1,177.6
Noncontrolling interests	426.7	421.3
Total permanent equity	1,598.6	1,598.9
Total liabilities and equity	27,716.7	25,200.4
Consumer Products [Member]
Assets:
Investments
Investments in subsidiaries and affiliates
Affiliated loans and receivables
Cash and cash equivalents	77.5	158.0
Receivables, net	529.6	373.4
Inventories, net	705.4	452.6
Accrued investment income
Reinsurance recoverable
Deferred tax assets	23.0	28.2
Properties, including oil and natural gas properties, net	316.3	214.0
Goodwill	1,434.0	694.2
Intangibles, including DAC and VOBA, net	2,170.7	1,715.0
Other assets	264.2	116.2
Total assets	5,520.7	3,751.6
Liabilities and Equity:
Insurance reserves
Debt	3,258.9	1,669.3
Accounts payable and other current liabilities	678.7	594.2
Equity conversion feature of preferred stock
Employee benefit obligations	99.6	90.0
Deferred tax liabilities	509.0	377.5
Other liabilities	32.4	31.6
Affiliated debt and payables
Total liabilities	4,578.6	2,762.6
Temporary equity
Total stockholders' equity	515.9	567.7
Noncontrolling interests	426.2	421.3
Total permanent equity	942.1	989.0
Total liabilities and equity	5,520.7	3,751.6
Insurance [Member]
Assets:
Investments	16,734.0	16,556.7
Investments in subsidiaries and affiliates	48.2	32.0
Affiliated loans and receivables	267.2	150.1
Cash and cash equivalents	1,194.5	1,054.6
Receivables, net	41.0	41.0
Inventories, net
Accrued investment income	169.5	191.6
Reinsurance recoverable	2,330.4	2,363.1
Deferred tax assets	139.8	279.6
Properties, including oil and natural gas properties, net	7.4	6.9
Goodwill
Intangibles, including DAC and VOBA, net	296.8	273.5
Other assets	66.7	41.2
Total assets	21,295.5	20,990.3
Liabilities and Equity:
Insurance reserves	19,087.8	19,051.0
Debt	300.0
Accounts payable and other current liabilities	29.9	93.2
Equity conversion feature of preferred stock
Employee benefit obligations
Deferred tax liabilities	1.3
Other liabilities	411.5	555.3
Affiliated debt and payables	1.4
Total liabilities	19,831.9	19,699.5
Temporary equity
Total stockholders' equity	1,463.6	1,290.8
Noncontrolling interests
Total permanent equity	1,463.6	1,290.8
Total liabilities and equity	21,295.5	20,990.3
Energy Segment [Member]
Assets:
Investments	0.2
Investments in subsidiaries and affiliates
Affiliated loans and receivables
Cash and cash equivalents	11.1
Receivables, net	22.8
Inventories, net
Accrued investment income
Reinsurance recoverable
Deferred tax assets
Properties, including oil and natural gas properties, net	641.1
Goodwill
Intangibles, including DAC and VOBA, net
Other assets	4.9
Total assets	680.1
Liabilities and Equity:
Insurance reserves
Debt	278.6
Accounts payable and other current liabilities	30.0
Equity conversion feature of preferred stock
Employee benefit obligations
Deferred tax liabilities
Other liabilities	32.6
Affiliated debt and payables	101.1
Total liabilities	442.3
Temporary equity
Total stockholders' equity	237.8
Noncontrolling interests
Total permanent equity	237.8
Total liabilities and equity	680.1
Other Financial Services [Member]
Assets:
Investments	241.6	180.1
Investments in subsidiaries and affiliates
Affiliated loans and receivables	1.4
Cash and cash equivalents	41.1	12.4
Receivables, net
Inventories, net
Accrued investment income
Reinsurance recoverable
Deferred tax assets
Properties, including oil and natural gas properties, net	0.5	0.4
Goodwill
Intangibles, including DAC and VOBA, net
Other assets	11.1	2.2
Total assets	295.7	195.1
Liabilities and Equity:
Insurance reserves
Debt	63.5
Accounts payable and other current liabilities	0.2
Equity conversion feature of preferred stock
Employee benefit obligations
Deferred tax liabilities
Other liabilities	12.2	13.3
Affiliated debt and payables	166.1	150.1
Total liabilities	242.0	163.4
Temporary equity
Total stockholders' equity	53.2	31.7
Noncontrolling interests	0.5
Total permanent equity	53.7	31.7
Total liabilities and equity	295.7	195.1
Corporate and Other [Member]
Assets:
Investments	57.7	181.6
Investments in subsidiaries and affiliates	2,222.3	1,858.2
Affiliated loans and receivables
Cash and cash equivalents	150.8	245.7
Receivables, net
Inventories, net
Accrued investment income
Reinsurance recoverable
Deferred tax assets	4.9	4.9
Properties, including oil and natural gas properties, net	0.3	0.3
Goodwill
Intangibles, including DAC and VOBA, net
Other assets	27.8	13.0
Total assets	2,463.8	2,303.7
Liabilities and Equity:
Insurance reserves
Debt	695.7	497.7
Accounts payable and other current liabilities	56.7	66.8
Equity conversion feature of preferred stock	202.7	232.0
Employee benefit obligations	4.9	5.1
Deferred tax liabilities	4.9	4.9
Other liabilities	0.2	0.4
Affiliated debt and payables
Total liabilities	965.1	806.9
Temporary equity	326.8	319.2
Total stockholders' equity	1,171.9	1,177.6
Noncontrolling interests
Total permanent equity	1,171.9	1,177.6
Total liabilities and equity	2,463.8	2,303.7
Consolidation, Eliminations [Member]
Assets:
Investments
Investments in subsidiaries and affiliates	(2,270.5)	(1,890.2)
Affiliated loans and receivables	(268.6)	(150.1)
Cash and cash equivalents
Receivables, net
Inventories, net
Accrued investment income
Reinsurance recoverable
Deferred tax assets
Properties, including oil and natural gas properties, net
Goodwill
Intangibles, including DAC and VOBA, net
Other assets
Total assets	(2,539.1)	(2,040.3)
Liabilities and Equity:
Insurance reserves
Debt
Accounts payable and other current liabilities
Equity conversion feature of preferred stock
Employee benefit obligations
Deferred tax liabilities
Other liabilities
Affiliated debt and payables	(268.6)	(150.1)
Total liabilities	(268.6)	(150.1)
Temporary equity
Total stockholders' equity	(2,270.5)	(1,890.2)
Noncontrolling interests
Total permanent equity	(2,270.5)	(1,890.2)
Total liabilities and equity	(2,539.1)	(2,040.3)
Consolidated Entities [Member]
Assets:
Investments	17,033.5	16,918.4
Investments in subsidiaries and affiliates
Affiliated loans and receivables
Cash and cash equivalents	1,475.0	1,470.7
Receivables, net	593.4	414.4
Inventories, net	705.4	452.6
Accrued investment income	169.5	191.6
Reinsurance recoverable	2,330.4	2,363.1
Deferred tax assets	167.7	312.7
Properties, including oil and natural gas properties, net	965.6	221.6
Goodwill	1,434.0	694.2
Intangibles, including DAC and VOBA, net	2,467.5	1,988.5
Other assets	374.7	172.6
Total assets	27,716.7	25,200.4
Liabilities and Equity:
Insurance reserves	19,087.8	19,051.0
Debt	4,596.7	2,167.0
Accounts payable and other current liabilities	795.5	754.2
Equity conversion feature of preferred stock	202.7	232.0
Employee benefit obligations	104.5	95.1
Deferred tax liabilities	515.2	382.4
Other liabilities	488.9	600.6
Affiliated debt and payables
Total liabilities	25,791.3	23,282.3
Temporary equity	326.8	319.2
Total stockholders' equity	1,171.9	1,177.6
Noncontrolling interests	426.7	421.3
Total permanent equity	1,598.6	1,598.9
Total liabilities and equity	$ 27,716.7	$ 25,200.4