Document and Entity Information
|
9 Months Ended | |
---|---|---|
Jun. 30, 2015
|
Aug. 03, 2015
|
|
Document Documentand Entity Information [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Period End Date | Jun. 30, 2015 | |
Document Fiscal Year Focus | 2015 | |
Document Fiscal Period Focus | Q3 | |
Trading Symbol | HRG | |
Entity Registrant Name | HRG GROUP, INC. | |
Entity Central Index Key | 0000109177 | |
Current Fiscal Year End Date | --09-30 | |
Entity Filer Category | Large Accelerated Filer | |
Entity Common Stock, Shares Outstanding | 201,360,586 |
X | ||||||||||
- Definition
If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
|
X | ||||||||||
- Definition
End date of current fiscal year in the format --MM-DD. No definition available.
|
X | ||||||||||
- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
|
X | ||||||||||
- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other". No definition available.
|
X | ||||||||||
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
|
X | ||||||||||
- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
|
X | ||||||||||
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Trading symbol of an instrument as listed on an exchange. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Financing Receivable Held For Investment No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Insurance Reserves No definition available.
|
X | ||||||||||
- Definition
Investments In Equity Securities No definition available.
|
X | ||||||||||
- Definition
Long Term Debt Current And Non Current No definition available.
|
X | ||||||||||
- Definition
Other Invested Assets No definition available.
|
X | ||||||||||
- Definition
Property, Plant and Equipment including Oil and Gas Property, Net No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition
Income from contingent purchase price reduction. No definition available.
|
X | ||||||||||
- Definition
Increase decrease in fair value of equity conversion feature of preferred stock. No definition available.
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to common and participating preferred stockholders. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
Increase Decrease Changes In Deferred Income Taxes No definition available.
|
X | ||||||||||
- Definition
Other comprehensive income loss adjustments to intangible assets before tax. No definition available.
|
X | ||||||||||
- Definition
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax And Reclassification Adjustments No definition available.
|
X | ||||||||||
- Definition
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesReclassificationAdjustmentsInNetIncomeBeforeTax No definition available.
|
X | ||||||||||
- Definition
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Reclassification Adjustments Included in Cost of Goods Sold, Before Tax No definition available.
|
X | ||||||||||
- Definition
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Reclassification Adjustments Included in Selling And General and Administrative Expenses, Before Tax No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The component of net investment income representing the noncash expenses charged against earnings in the period to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. No definition available.
|
X | ||||||||||
- Definition
Asset-backed loans originated. No definition available.
|
X | ||||||||||
- Definition
Mortality and expense charges and administrative fees. No definition available.
|
X | ||||||||||
- Definition
Dividend Paid By Subsidiaries To Non Controlling Interest No definition available.
|
X | ||||||||||
- Definition
Gain on contingent purchase price adjustment. No definition available.
|
X | ||||||||||
- Definition
Impairment of Proved Oil and Gas Properties No definition available.
|
X | ||||||||||
- Definition
This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any gains (losses) realized during the period from the sale of investments accounted for under the cost method of accounting and losses recognized for other than temporary impairments (OTTI) of the subject investments. No definition available.
|
X | ||||||||||
- Definition
Non Cash Increase To Cost Of Goods Sold No definition available.
|
X | ||||||||||
- Definition
Total amount of non-cash restructuring, and related charges. No definition available.
|
X | ||||||||||
- Definition
Treasury stock purchases of subsidiary. No definition available.
|
X | ||||||||||
- Definition
The non-cash write-off of the unamortized debt issuance costs associated with retired debt instruments. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Description of Business
|
9 Months Ended |
---|---|
Jun. 30, 2015
|
|
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Description of Business | Description of Business HRG Group, Inc. (“HRG”, formerly Harbinger Group Inc., and collectively with its respective subsidiaries, the “Company”) is a diversified holding company focused on owning and acquiring businesses that the Company believes can, in the long term, generate sustainable free cash flow or attractive returns on investment. Although the Company intends to own or seek to acquire controlling equity interests, the Company may also make investments in debt instruments and hold minority equity interests in companies. HRG’s shares of common stock trade on the New York Stock Exchange (“NYSE”) under the symbol “HRG.” On October 1, 2014, HRG's subsidiary Spectrum Brands Holdings, Inc., a Delaware corporation (“Spectrum Brands”), completed a $30.3 cash acquisition of Tell Manufacturing, Inc. (“Tell”), a manufacturer and distributor of commercial doors, locks and hardware. See Note 3, Acquisitions. On October 31, 2014, the Company's wholly-owned subsidiary, HGI Energy Holdings, LLC (“HGI Energy”), acquired approximately 25.5% remaining interests in a joint venture (Compass Production GP, LLC and Compass Production Partners, LP collectively, and together with their respective subsidiaries, “Compass", and formerly referred to as the “EXCO/HGI JV”) from EXCO Resources, Inc. (“EXCO”) for $118.8 in cash. See Note 3, Acquisitions. On November 4, 2014, Front Street Re (Cayman) Ltd. (“Front Street Cayman”), a wholly-owned subsidiary of HRG, purchased Ability Reinsurance (Bermuda) Limited (“Ability Re”) from Ability Reinsurance Holdings Limited (“Ability Re Holdings”) for $19.2 in cash. Upon the purchase, Ability Re was concurrently merged into Front Street Cayman, where Front Street Cayman was the surviving entity. See Note 3, Acquisitions. On November 25, 2014, the Company announced that Philip Falcone, HRG's then Chief Executive Officer and Chairman of the board of directors (the "Board") had, effective December 1, 2014, resigned from his positions with the Company. In connection with his resignation, the Company paid Mr. Falcone the payments described in Note 14, Related Party Transactions. In addition, the warrants to acquire common stock of HRG that were previously awarded to Mr. Falcone will continue to vest in accordance with their existing vesting schedule. In December 2014, Spectrum Brands issued $250.0 aggregate principal amount of 6.125% unsecured notes at par value, due December 15, 2024 (the “6.125% Notes”) and entered into a new term loan facility in an aggregate principal amount of €150.0 (the “Euro Term Loan Tranche B”). See Note 8, Debt. On December 31, 2014, Spectrum Brands completed a $115.7 cash acquisition, net of working capital adjustments, of Proctor & Gamble’s European pet food business consisting of the IAMS and Eukanuba brands ("European IAMS and Eukanuba"), leading premium brands for dogs and cats. See Note 3, Acquisitions. On January 16, 2015, Spectrum Brands completed a $148.3 cash acquisition, net of working capital adjustments, of Salix Animal Health LLC ("Salix"), the world's leading and largest vertically integrated producer and distributor of premium, natural rawhide dog chews, treats and snacks. See Note 3, Acquisitions. On March 6, 2015, the Company appointed Omar Asali, its then President, to the additional position of Chief Executive Officer. On April 6, 2015, the Company, announced that it is exploring strategic alternatives for Fidelity & Guaranty Life ("FGL"). Following such announcement, FGL began a strategic review process for the Company. There can be no assurance that the exploration of strategic alternatives will result in a transaction or that any transaction, if pursued, will be consummated. The exploration of strategic alternatives may be terminated at any time and without notice. Neither the Company, nor any of its affiliates intend to disclose developments with respect to this process unless and until a definitive specific transaction or final course of action has been approved or determined. On April 14, 2015, the Company issued $100.0 aggregate principal amount of 7.875% senior secured notes due 2019 (the "7.875% Notes") at 104.5% of par plus accrued interest from January 15, 2015. See Note 8, Debt. On April 19, 2015, FOHG Holdings, LLC and its subsidiaries (together, “FOHG”) commenced Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware. Prior to the bankruptcy, three of the Company’s consolidated subsidiaries were lenders to FOHG. Upon filing for bankruptcy, the Company deconsolidated FOHG from the Condensed Consolidated Financial Statements in the third fiscal quarter of 2015 and such loans are no longer eliminated in consolidation. The Company recorded a $38.5 gain on the deconsolidation, reported in "Other income (expense), net", on the Condensed Consolidated Statements of Operations and $16.3 of impairments related to the loans with FOHG. On June 3, 2015, following receipt of court approval, FOHG sold (the "ABG Sale") its brand and inventory to Authentic Brands Group Inc. ("ABG"), a third party licensing company, with the majority of the proceeds used to repay a portion of the loans with the Company. On May 19, 2015, the Company issued $160.0 aggregate principal amount of 7.875% Notes at 104.50% of par plus accrued interest from January 15, 2015 and $140.0 aggregate principal amount of 7.75% Senior Notes due 2022 (the “7.75% Notes”) at 98.51% of par plus accrued interest from January 15, 2015. See Note 8, Debt. On May 21, 2015, Spectrum Brands completed its approximately $1,400.0 acquisition (the “AAG Acquisition”) of Armored AutoGroup Parent Inc. (“AAG”), a consumer products company consisting primarily of Armor All and STP products, two brands in the automotive aftermarket appearance products and performance chemicals categories, respectively, and the AC/PRO brand of do-it-yourself automotive air conditioner recharge products. See Note 3, Acquisitions. Spectrum Brands funded the AAG Acquisition with the proceeds of its offering of an aggregate principal amount of $1,000.0 of 5.75% senior notes due 2025 (the "5.75% Notes") and Spectrum Brands' registered offering of $575.0 of shares of Spectrum Brands' common stock (the "Equity Offering"). See Note 8, Debt. In the Equity Offering, HRG acquired 49% of the common stock offered thereby. In June 2015, the Company received $61.6 from OM Group (UK) Limited ("OMGUK") for the settlement of a $50.0 purchase price adjustment in connection with HRG's acquisition of FGL's subsidiaries on April 6, 2011, plus interest and attorney's fees and net of $7.6 for the settlement of a counterclaim related to the financing of certain statutory reserves. See Note 13, Commitments and Contingencies. Also in June 2015, Compass completed the sale of certain oil and natural gas properties in Northern Louisiana for $19.2. On June 23, 2015, Spectrum Brands refinanced all of its outstanding indebtedness under its existing term loans and asset based lending revolving credit facility (the “Existing Facilities”) with a new senior secured credit facility consisting of term loans in the amount of $1,450.0, €300.0 and CAD$75.0 and a $500.0 revolving credit facility (the “New Facilities”). The proceeds from the Term Loan and draws on the Revolver Facility were used to repay Spectrum Brands’ then-existing senior term credit facility (the “Prior Term Loan”), repay Spectrum Brands’ outstanding 6.75% senior unsecured notes (the "6.75% Notes"), repay the Spectrum Brands’ then-existing asset based revolving loan facility (the “Prior Revolver Facility”), and to pay fees and expenses in connection with the refinancing and for general corporate purposes. See Note 8, Debt. The Company’s reportable business segments are organized in a manner that reflects how HRG’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) Asset Management. For the results of operations by segment, and other segment data, see Note 15, Segment Data. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements
|
9 Months Ended |
---|---|
Jun. 30, 2015
|
|
Accounting Policies [Abstract] | |
Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements | Basis of Presentation, Significant Accounting Policies 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 ("U.S. GAAP"), have been condensed or omitted pursuant to such rules and regulations. Certain prior 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 for the fiscal year ended September 30, 2014, filed with the SEC on November 21, 2014 (the "Form 10-K"). The results of operations for the nine months ended June 30, 2015 are not necessarily indicative of the results for any subsequent periods or the entire fiscal year ending September 30, 2015. The Company’s fiscal year ends on September 30 and the quarters end on the last calendar day of the months of December, March and June. The Company's significant subsidiary, Spectrum Brands' fiscal year ends September 30 and its interim fiscal quarters end every thirteenth Sunday, except for its first fiscal quarter which may end on the fourteenth Sunday following September 30. The Company does not adjust for the difference in fiscal periods between Spectrum Brands and itself, as such difference would be less than 93 days, pursuant to Regulation S-X Rule 3A-02. At June 30, 2015, the non-controlling interest component of total equity primarily represents the 42.5% share of Spectrum Brands and the 19.3% of FGL not owned by HRG. Oil and natural gas properties Ceiling Test Pursuant to Rule 4-10(c)(4) of Regulation S-X, Compass is required to compute its ceiling test using the simple average spot price for the trailing twelve month period for oil and natural gas at the end of each fiscal quarter. The ceiling test involves comparing the net book value of the full cost pool, after taxes, to the full cost ceiling limitation defined below. In the event the full cost ceiling limitation is less than the full cost pool, Compass is required to record a ceiling test impairment of its oil and natural gas properties. The full cost ceiling limitation is computed as the sum of the present value of estimated future net revenues from Compass' proved reserves by applying the average price as prescribed by the SEC Release No. 33-8995, less estimated future expenditures (based on current costs) to develop and produce the proved reserves, discounted at 10%, plus the cost of properties not being amortized and the lower of cost or estimated fair value of unproved properties included in the costs being amortized, net of income tax effects. The ceiling test is computed using the simple average spot price for the trailing 12 month period using the first day of each month. As of June 30, 2015, the trailing 12 month period month reference prices were $3.39 per Million British Thermal Units ("Mmbtu") for natural gas at Henry Hub ("HH"), and $71.68 per barrel ("Bbl") of oil for West Texas Intermediate at Cushing, Oklahoma. Each of the reference prices for oil and natural gas are further adjusted for quality factors and regional differentials to derive estimated future net revenues. The price used for natural gas liquids was $27.58 per Bbl and was based on the trailing 12 month period month average of realized prices. Under full cost accounting rules, any ceiling test impairments of oil and natural gas properties may not be reversed in subsequent periods. Since Compass does not designate its derivative financial instruments as hedging instruments, Compass is not allowed to use the impacts of the derivative financial instruments in the ceiling test computations. For the three months ended June 30, 2015, Compass recognized impairments to its proved oil and natural gas properties of $102.8 primarily due to a decline in oil and natural gas prices. During the nine months ended June 30, 2015, Compass recognized impairments of $439.4 to its proved oil and natural gas properties. The impairments for the nine months ended June 30, 2015 were due to the sharp decline in oil and natural gas prices as well as the acquisition by HGI Energy of EXCO's interest in Compass. As further discussed in Note 3, Acquisitions, HGI Energy's acquisition of EXCO's remaining interest in Compass triggered the remeasurement of the Company's initial basis in Compass at fair value which increased Compass' full cost pool. The purchase price for the acquisition was based on both the income and market approach models which incorporate, among other things, market prices based on the New York Mercantile Exchange ("NYMEX") futures as of the acquisition date, which the Company believes reflects an independent proxy point for determining fair value. The ceiling test, however, requires companies using the full cost accounting method to price period-ending proved reserves using the simple average spot price for the trailing 12 month period, which may not be indicative of actual market values. As a result, Compass' full cost pool exceeded its ceiling test limitation at December 31, 2014 resulting in an impairment. Compass did not recognize an impairment to its proved oil and natural gas properties for the three months ended June 30, 2014. Compass recognized an impairment of $81.0 for the nine months ended June 30, 2014 primarily due to differences in the oil and natural gas prices utilized in the purchase price allocation at the formation of Compass and the prices used in the ceiling test calculation. As a result of recent decline in oil and natural gas prices, Compass expects to incur additional impairments to its oil and natural gas properties in fiscal year 2015 if prices do not increase. The possibility and amount of any future impairment is difficult to predict, and will depend, in part, upon future oil and natural gas prices to be utilized in the ceiling test, estimates of proved reserves and future capital expenditures and operating costs. The ceiling test calculation and impairment evaluation are 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, natural gas and natural gas liquids that are ultimately recovered. Insurance Subsidiary Financial Information and Regulatory Matters Fidelity & Guaranty Life Insurance Company's ("FGL Insurance") statutory carrying value of Raven Reinsurance Company ("Raven Re") reflects the effect of permitted practices Raven Re received to treat the available amount of a letter of credit as an admitted asset which increased Raven Re’s statutory capital and surplus by $232.5 and $251.3 at June 30, 2015 and September 30, 2014, respectively. Raven Re is also permitted to follow Iowa prescribed statutory accounting practice for its reserves on reinsurance assumed from FGL Insurance which increased Raven Re’s statutory capital and surplus by $8.1 and $18.8 at June 30, 2015 and September 30, 2014, respectively. Without such permitted statutory accounting practices Raven Re’s statutory capital and surplus would be negative $48.8 and negative $81.3 as of June 30, 2015 and September 30, 2014, respectively, and its risk-based capital would fall below the minimum regulatory requirements. The letter of credit facility is collateralized by debt securities rated by the National Association of Insurance Commissioners (“NAIC”) as "NAIC-1." If the permitted practice was revoked, the letter of credit could be replaced by the collateral assets with Nomura Bank International plc's consent. FGL Insurance's carrying value of Raven Re at June 30, 2015 and September 30, 2014 was $191.7 and $188.8, respectively. On November 1, 2013, FGL Insurance re-domesticated from Maryland to Iowa. After re-domestication, FGL Insurance elected to apply Iowa-prescribed accounting practices that permit Iowa-domiciled insurers to report equity call options used to economically hedge fixed indexed annuity ("FIA") index credits at amortized cost for statutory accounting purposes and to calculate FIA statutory reserves such that index credit returns will be included in the reserve only after crediting to the annuity contract. This resulted in an $19.7 increase to statutory capital and surplus at June 30, 2015. Also, the Iowa Insurance Division granted FGL Insurance a permitted statutory accounting practice to reclassify its negative unassigned surplus balance of $805.8 to additional paid-in capital as of April 6, 2011, the date the Company acquired FGL Insurance, which will have the effect of setting FGL Insurance’s statutory unassigned surplus to zero as of this date. The prescribed and permitted statutory accounting practice has no impact on the Company’s consolidated financial statements which are prepared in accordance with U.S. GAAP. Recent Accounting Pronouncements Investments in Qualified Affordable Housing Projects In January 2014, the Financial Accounting Standards Board ("FASB") issued amended guidance which allows investors in Low Income Housing Tax Credit (“LIHTC”) programs that meet specified conditions to present the net tax benefits (net of the amortization of the cost of the investment) within income tax expense. The cost of the investments that meet the specified conditions will be amortized in proportion to (and over the same period as) the total expected tax benefits, including the tax credits and other tax benefits, as they are realized on the tax return. The guidance is required to be applied retrospectively, if investors elect the proportional amortization method. However, if investors have existing LIHTC investments accounted for under the effective-yield method at adoption, they may continue to apply that method for those existing investments. Accounting Standards Update ("ASU")ASU 2014-01, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Project. The Company early adopted this guidance effective October 1, 2014 for all new LIHTC investments made subsequent to that date. Prior LIHTC investments will continue to be accounted for under the effective-yield method. This adoption did not have a material effect on the Company’s consolidated financial position and results of operations. Share-Based Payments When a Performance Target is Achieved after the Requisite Service Period In June 2014, the Financial Accounting Standards Board issued new guidance on Stock Compensation (ASU 2014-12, Accounting for Share-Based Payments When the Term of an Award Provide that a Performance Target Could Be Achieved after the Requisite Service Period), effective for fiscal years beginning after December 15, 2015 and interim periods within those years. The new guidance requires that performance targets that affect vesting and that could be achieved after the requisite service period to be treated as performance conditions. Such performance targets would not be included in the grant-date fair value calculation of the award, rather compensation cost should be recorded when it is probable the performance target will be reached and should represent the compensation cost attributable to period(s) for which the requisite service has already been rendered. This standard may be early adopted and the amendments in this accounting standards update may be applied either prospectively or retrospectively. The Company will not early adopt this standard and is currently evaluating the impact of this new accounting guidance on its consolidated financial statements. Amendments to the Consolidation Analysis In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis. This ASU makes changes to the Variable Interest Entity ("VIE") model and voting interest ("VOE") model consolidation guidance. The main provisions of the ASU include the following: i) adding a requirement that limited partnerships and similar legal entities must provide partners with either substantive kick-out rights or substantive participating rights over the general partner to qualify as a VOE rather than a VIE; ii) eliminating the presumption that the general partner should consolidate a limited partnership; iii) eliminating certain conditions that need to be met when evaluating whether fees paid to a decision maker or service provider are considered a variable interest; iv) excluding certain fees paid to decision makers or service providers when evaluating which party is the primary beneficiary of a VIE; and v) revising how related parties are evaluated under the VIE guidance. Lastly, this ASU eliminates the indefinite deferral of FAS 167, which allowed reporting entities with interests in certain investment funds to follow previous guidance in FIN 46 (R). However, this ASU permanently exempts reporting entities from consolidating registered money market funds that operate in accordance with Rule 2a-7 of the Investment Company Act of 1940. This ASU is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Entities may apply this ASU either using a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning period of adoption or retrospectively to all prior periods presented in the financial statements. Early adoption is also permitted provided that this ASU is applied from the beginning of the fiscal year of adoption. The Company is currently evaluating the impact of this ASU on its financial statements. Debt Issuance Costs In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs. The accounting guidance requires that debt issuance costs related to a recognized debt liability be reported on the Consolidated Balance Sheets as a direct deduction from the carrying amount of that debt liability. The Company currently recognizes debt issuance costs as assets on the Condensed Consolidated Balance Sheets. ASU 2015-03 is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015 and early adoption is permitted. The Company is currently evaluating the provisions of ASU 2015-03 to determine the potential impact the new standard will have on the Company's Consolidated Financial Statements. Fees Paid in a Cloud Computing Arrangement In April 2015, the FASB issued ASU 2015-05, Customer's Accounting for Fees Paid in a Cloud Computing Arrangement. This ASU provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The new guidance does not change the accounting for a customer's accounting for service contracts. ASU 2015-05 is effective for interim and annual reporting periods beginning after December 15, 2015. The Company is currently evaluating the provisions of ASU 2015-05 to determine the potential impact the new standard will have on the Company's Consolidated Financial Statements. Investments That Calculate Net Asset Value per Share In May 2015, the FASB issued amended guidance (ASU 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)), effective for fiscal years beginning after December 15, 2015 and interim periods within those years. Current U.S. GAAP requires that investments for which fair value is measured at net asset value (or its equivalent) using the practical expedient in Topic 820 be categorized within the fair value hierarchy using criteria that differ from the criteria used to categorize other fair value measurements within the hierarchy. Currently, investments valued using the practical expedient are categorized within the fair value hierarchy on the basis of whether the investment is redeemable with the investee at net asset value on the measurement date, never redeemable with the investee at net asset value, or redeemable with the investee at net asset value at a future date. For investments that are redeemable with the investee at a future date, a reporting entity must take into account the length of time until those investments become redeemable to determine the classification within the fair value hierarchy. There is diversity in practice related to how certain investments measured at net asset value with redemption dates in the future (including periodic redemption dates) are categorized within the fair value hierarchy. Under the amendments in this ASU, investments for which fair value is measured at net asset value per share (or its equivalent) using the practical expedient should not be categorized in the fair value hierarchy. Removing those investments from the fair value hierarchy not only eliminates the diversity in practice resulting from the way in which investments measured at net asset value per share (or its equivalent) with future redemption dates are classified, but also ensures that all investments categorized in the fair value hierarchy are classified using a consistent approach. Investments that calculate net asset value per share (or its equivalent), but for which the practical expedient is not applied will continue to be included in the fair value hierarchy. Early adoption is permitted. The amendments in this ASU are required to be applied retrospectively to all prior periods presented in the financial statements. The Company will not adopt this standard early and is currently evaluating the impact of this new accounting guidance on its consolidated financial statements. Inventory (Topic 330), Simplifying the Measurement of Inventory In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330), Simplifying the Measurement of Inventory, which changes the measurement principle for inventory from the lower of cost or market to lower of cost and net realizable value. Net realizable value is defined as the “estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation.” ASU 2015-11 eliminates the guidance that entities consider replacement cost or net realizable value less an approximately normal profit margin in the subsequent measurement of inventory when cost is determined on a first-in, first-out or average cost basis. The provisions of ASU 2015-11 are effective for public entities with fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact of this new accounting guidance on its consolidated financial statements. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Acquisitions
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combinations [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Acquisitions | Acquisitions In accordance with ASC Topic 805, Business Combinations (“ASC 805”), the Company accounts for acquisitions by applying the acquisition method of accounting. The acquisition method of accounting requires, among other things, that the assets acquired and liabilities assumed in a business combination be measured at their fair values as of the closing date of the acquisition. The fair values assigned to the assets acquired and liabilities assumed are based on valuations using management’s best estimates and assumptions and are preliminary pending the completion of the valuation analysis of selected assets and liabilities. During the measurement period (which is not to exceed one year from the acquisition date), the Company is required to retrospectively adjust the provisional assets or liabilities if new information is obtained about facts and circumstances that existed as of the acquisition date that, if known, would have resulted in the recognition of those assets or liabilities as of that date. The results of operations of the acquired companies since the respective acquisition dates are included in the Company’s unaudited Condensed Consolidated Statements of Operations. Significant Acquisition AAG On May 21, 2015, Spectrum Brands completed the acquisition of AAG, a consumer products company consisting primarily of Armor All and STP products brands in the automotive aftermarket appearance products and performance chemicals categories, respectively, and the AC/PRO brand of do-it-yourself automotive air conditioner recharge products. The following table summarizes the preliminary consideration paid for AAG:
The results of AAG's operations since May 21, 2015 are included in the Company’s unaudited Condensed Consolidated Statements of Operations and are reported in the Consumer Products segment. Preliminary Valuation of Assets and Liabilities The assets acquired and liabilities assumed in the AAG Acquisition have been measured at their fair values at May 21, 2015 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. The preliminary fair values recorded were determined based upon a 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 intangible assets, contingent liabilities, residual goodwill and income taxes. Spectrum Brands has evaluated and continues to evaluate pre-acquisition contingencies relating to the AAG Acquisition 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 acquired and liabilities assumed in the acquisition of AAG. Spectrum Brands continues to gather information relating to all pre-acquisition contingencies that it has assumed from the acquisition of AAG. 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 results of operations. The preliminary fair values recorded for the assets acquired and liabilities assumed for AAG were as follows:
Preliminary Valuation Adjustments Spectrum Brands performed a preliminary valuation of the acquired inventories, property, plant and equipment, trade name, customer relationships, licensing agreements and proprietary technology at May 21, 2015. A summary of the significant inputs to the valuation is as follows: Inventories - The replacement cost approach was applied to estimate the fair value of the raw materials and unbranded finished goods inventory. Branded finished goods were valued based on the comparative sales method, which estimates the expected sales price of the finished goods inventory, reduced for all costs expected to be incurred in its completion/disposition and a profit on those costs. Real estate, property, plant and equipment - The market approach was utilized to estimate the fair value of land. The direct cost approach was utilized to estimate the fair value of property, plant and equipment. The indefinite-lived trade names - The income approach was used, specifically the relief from royalty method was used. Under this method, the asset value was determined by estimating the hypothetical royalties that would have to be paid if the trade names were not owned. Royalty rates were selected based on consideration of several factors, including prior transactions, related trademarks and trade names, other similar trademark licensing and transaction agreements and the relative profitability and perceived contribution of the trade names. Trade names were valued at $299.0 under this approach. Technology - The income approach was applied, specifically the relief from royalty method was applied. 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, related licensing agreements and the importance of the technology and profit levels, among other considerations. Spectrum Brands anticipates using these technologies through the legal life of the underlying patents; therefore, the expected life of these technologies was equal to the remaining life of the underlying patents which were 8 to 10 years. The technology assets were valued at $45.0 under this approach. Licensing agreements - The income approach was used for determining the fair value of licensing agreements. Under this method, the asset value was determined by estimating the revenue stream over the implied life of the agreements, which have an average life of 8 to 10 years. Licensing agreements were valued at $19.0 under this approach. Customer relationships - Customer relationships were valued 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 were estimated using annual expected growth rates of 2.0% to 12.1%. Spectrum Brands assumed a customer retention rate of approximately 95.0%, which was supported by historical retention rates. Income taxes were estimated at 38% and amounts were discounted using a rate of 9.5%. The customer relationships were valued at $66.0 under this approach and will be amortized over 15 years. Supplemental Pro Formal Information (Unaudited) The following reflects the Company’s pro forma results had the results of AAG been included for all periods presented.
(a) The AAG adjustment for the three and nine months ended June 30, 2015 excludes non-recurring debt extinguishment expense of $35.7 related to the retirement of AAG debt in relation with the AAG Acquisition and acquisition related costs incurred by AAG prior to May 21, 2015 of $25.2. The AAG adjustment for the nine months ended June 30, 2015 also excludes a non-recurring tradename impairment of $7.0. Insignificant Acquisitions Compass On October 6, 2014, HGI Energy entered into an agreement to buy from EXCO their remaining 25.5% economic interest in Compass for $118.8. The transaction closed on October 31, 2014 resulting in HGI Energy owning an economic interest of 99.8% in Compass and 100% of the ownership interests in the general partner of Compass. As a result of this transaction, Compass became a consolidated subsidiary of the Company. At the closing, EXCO and Compass terminated the existing operating and administrative services agreements and entered into a customary transition services agreement pursuant to which EXCO provided certain transition services to Compass following the closing date. This transition services agreement was terminated during the three months ended June 30, 2015. In accordance with ASC 805-10, if the acquirer holds a noncontrolling equity investment in the acquiree immediately before obtaining control, the acquirer must remeasure its investment to fair value as of the acquisition date and recognize any remeasurement gains or losses in earnings. Subsequent to the acquisition, the Company is the majority owner of Compass and the holder of a controlling interest. As a result, upon gaining a controlling interest the Company revalued its existing equity-method investment, recognizing a gain on the initial investment of $141.2. This increase was primarily due to the valuation of proved developed and undeveloped oil and natural gas properties which increased by $145.4. The following table presents a summary of the fair value of assets and liabilities on October 31, 2014, which was the date the Company acquired control of Compass through HGI Energy's acquisition of the additional interest from EXCO:
The Company performed a valuation of the assets acquired and liabilities assumed at October 31, 2014. A summary of key inputs is as follows: Unproved oil and natural gas properties - The fair value of unproved oil and natural gas properties was determined based on a discounted cash flow model of the estimated reserves for unproved reserve categories (probable, possible and contingent). The estimated quantities of reserves utilized assumptions were based on the Company's internal geological, engineering and financial data. The Company utilized NYMEX forward strip prices to value the reserves, and then applied various discount rates depending on the classification of reserves and other risk characteristics. Proved oil and natural gas properties - The fair value of proved oil and natural gas properties was determined based on the combination of income approach and market approach. The Company used the income approach which uses underlying reserves to estimate the fair value. For the market approach, the Company used a comparable company method as well as a comparable transaction method. Under the comparable company method, the fair value was estimated by comparing Compass to publicly-traded firms in similar lines of business. Comparable company multiples were applied to the Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA") in order to calculate fair value. Under the comparable transaction method, transaction multiples based on total reserves acquired and average daily production were applied. Current assets, accounts payable, revenues and royalties payable, current liabilities and debt - The fair value of the current assets and liabilities was equivalent to the carrying amount because of their short-term nature. The carrying value of long-term debt approximates fair value, as it is subject to short-term floating interest rates that approximate the rates available for those periods. Current assets include inventory that was transferred from EXCO to Compass. The fair value of transferred inventory was primarily based on a third party pricing system which contains current market prices for certain inventory items. Gathering Assets - The fair value of gas gathering 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 trailing twelve month EBITDA of the gas gathering assets in order to calculate fair value. Asset Retirement Obligations - Asset retirement obligations represent the present value of the estimated amount to be incurred to plug, abandon and remediate the Company's 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. Ability Re On November 3, 2014, Front Street Cayman purchased Ability Re from Ability Re Holdings for $19.2 in cash. Upon the purchase, Ability Re was concurrently merged into Front Street Cayman, where Front Street Cayman was the surviving entity. The Ability Re acquisition consisted of approximately $368.0 of assets supporting two closed block long-term care reinsurance agreements and the associated capital. The acquired reinsurance agreements complement Front Street Cayman’s existing in force long-duration insurance liabilities. The Company elected to use October 31, 2014 as the closing date for accounting purposes as Ability Re’s accounting close process is based on a month end close, there were zero business days between October 31 and November 3 and no material transactions took place between the accounting close date and November 3, 2014. The following table summarizes the consideration paid by Front Street Cayman for Ability Re:
Net Assets Acquired The following table summarizes the preliminary amounts recognized at fair value for each major class of assets acquired and liabilities assumed as of October 31, 2014:
The Company performed a valuation of the assets acquired and liabilities assumed at October 31, 2014. A summary of key inputs is as follows: Funds withheld assets - The fair value of the funds withheld assets was based on the fair values of the securities in the underlying funds withheld portfolio held in trust by the cedant. Insurance reserves - The fair value of insurance reserves was determined based on a discounted cash flow model, which included assumptions related to future premium rates and benefit costs, including assumptions for lapse, mortality, maintenance expense and a margin for potential adverse deviations. The discount rate was based on prevailing risk free rates adjusted for credit spreads and expected return on capital. Tell Manufacturing On October 1, 2014, Spectrum Brands completed the acquisition of Tell, a manufacturer and distributor of commercial doors, locks and hardware. The preliminary value of the consideration given in this acquisition, net of working capital adjustments, was $30.3. Preliminary Valuation of Assets and Liabilities The assets acquired and liabilities assumed in the Tell acquisition have been measured at their fair values at October 1, 2014 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 expected to be deductible for income tax purposes. The preliminary fair values recorded for the assets acquired and liabilities assumed for Tell were as follows:
Preliminary Valuation Adjustments Spectrum Brands performed a preliminary valuation of the acquired inventories, property, plant and equipment, trade name and customer relationships at October 1, 2014. A summary of the significant key inputs is as follows: Inventories - The replacement cost approach was applied to estimate the fair value of the raw materials inventory. Finished goods were valued at estimated selling price less the sum of costs of disposal and a reasonable profit on value added the completion and disposal effort. Property, plant and equipment - The cost approach was utilized to value approximately 97.0% of the property, plant and equipment by fair value. The sales comparison approach was utilized to value the remaining 3.0% of the property, plant and equipment by fair value. Intangible assets - trade name - Spectrum Brands valued an indefinite-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 Tell, related trademarks and trade names, other similar trademark licensing and transaction agreements and the relative profitability and perceived contribution of the trade name. Trade name was valued at $4.0 under this approach. Intangible assets - customer relationships - 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 annual expected growth rate of 2.5% to 7.1%. The Company assumed a customer retention rate of approximately 90%, which was supported by historical retention rates. Income taxes were estimated at 38% and amounts were discounted using a rate of 20%. The customer relationships were valued at $8.5 under this approach and will be amortized over 13 years. European IAMS and Eukanuba On December 31, 2014, Spectrum Brands completed the acquisition of European IAMS and Eukanuba, premium brands for dogs and cats. The preliminary value of the consideration given in this acquisition, net of working capital adjustments, was $115.7. Preliminary Valuation of Assets and Liabilities The assets acquired and liabilities assumed in the European IAMS and Eukanuba acquisition have been measured at their fair values at December 31, 2014 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. The primary areas of acquisition accounting that are not yet finalized relate to amounts for intangible assets, contingent liabilities and residual goodwill. The preliminary fair values recorded for the assets acquired and liabilities assumed for European IAMS and Eukanuba were as follows:
Preliminary Valuation Adjustments Spectrum Brands performed a preliminary valuation of the acquired inventories, property, plant and equipment, trade names and customer relationships at December 31, 2014. A summary of the significant inputs to the valuation is as follows: Inventories - The replacement cost approach was applied to estimate the fair value of the raw materials inventory. Work-in-process and finished goods inventory were valued at estimated selling price less the sum of costs of disposal and a reasonable profit on the value added in the completion and disposal effort. Real estate, property, plant and equipment - The market approach was utilized to estimate the fair value of land. The direct cost approach was utilized to estimate the fair value of property, plant and equipment. Technology assets - 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, related licensing agreements and the importance of the technology and profit levels, among other considerations. Spectrum Brands anticipates using these technologies through the legal life of the underlying patents; therefore, the expected life of these technologies was equal to the remaining life of the underlying patents which was 8 years. The technology assets were valued at $3.6 under this approach. Intangible assets - trade names - Spectrum Brands valued indefinite-lived trade names 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 names were not owned. Royalty rates were selected based on consideration of several factors, including prior transactions of European IAMS and Eukanuba, related trademarks and trade names, other similar trademark licensing and transaction agreements and the relative profitability and perceived contribution of the trade names. Trade names were valued at $26.7 under this approach. Intangible assets - customer relationships - 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 were estimated using annual expected growth rates of 0.5% to 13.2%. Spectrum Brands assumed a customer retention rate of approximately 90% - 100%, which was supported by historical retention rates. Income taxes were estimated at 25% and amounts were discounted using a rate of 15% - 16%. The customer relationships were valued at $10.2 under this approach and will be amortized over a period of 2 years to 15 years. Salix On January 16, 2015, Spectrum Brands completed the acquisition of Salix, a vertically integrated producer and distributor of premium, natural rawhide dog chews, treats and snacks. The preliminary value of the consideration given in this acquisition, net of working capital adjustments, was $148.3. Preliminary Valuation of Assets and Liabilities The assets acquired and liabilities assumed in the Salix acquisition have been measured at their fair values at January 16, 2015, 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 expected to be deductible for income tax purposes. The primary areas of acquisition accounting that are not yet finalized relate to amounts for intangible assets, contingent liabilities and residual goodwill. The preliminary fair values recorded for the assets acquired and liabilities assumed for Salix were as follows:
Preliminary Valuation Adjustments Spectrum Brands performed a preliminary valuation of the acquired inventories, property, plant and equipment, trade names, customer relationships and non-compete agreement at January 16, 2015. A summary of the significant inputs to the valuation is as follows: Inventories - The replacement cost approach was applied to estimate the fair value of the raw materials and unbranded finished goods inventory. Branded finished goods were valued based on the comparative sales method, which estimates the expected sales price of the finished goods inventory, reduced for all costs expected to be incurred in its completion/disposition and a profit on those costs. Property, plant and equipment - The cost approach was utilized to estimate the fair value of approximately 98.0% of the property, plant and equipment. The sales comparison approach was utilized to estimate the fair value of the remaining 2.0% of the property, plant and equipment. Technology assets - 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 Salix, related licensing agreements and the importance of the technology and profit levels, among other considerations. Spectrum Brands anticipates using these technologies through the legal life of the underlying patents; therefore, the expected life of these technologies was equal to the remaining life of the underlying patents which was 17 years. The technology assets were valued at $2.1 under this approach. Intangible assets - indefinite-lived trade names - Spectrum Brands valued indefinite-lived trade names 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 names were not owned. Royalty rates were selected based on consideration of several factors, including prior transactions of Salix, related trademarks and trade names, other similar trademark licensing and transaction agreements and the relative profitability and perceived contribution of the trade names. Trade names were valued at $20.0 under this approach. Intangible assets - definite-lived trade names - Spectrum Brands valued definite-lived trade names 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 names were not owned. Royalty rates were selected based on consideration of several factors, including prior transactions of Salix, related trademarks and trade names, other similar trademark licensing and transaction agreements and the relative profitability and perceived contribution of the trade names. The trade names were valued at $1.0 under this approach and will be amortized over 13 years. Intangible assets - customer relationships - 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 were estimated using annual expected growth rates of 0.0% to 12.1%. Spectrum Brands assumed a customer retention rate of approximately 92.5%, which was supported by historical retention rates. Income taxes were estimated at 38% and amounts were discounted using a rate of 12% - 13%. The customer relationships were valued at $34.0 under this approach and will be amortized over 13 years. Intangible assets - non-compete agreement - Spectrum Brands valued a non-compete agreement using the income approach that compares the prospective cash flows with and without the non-compete agreement in place. The value of the non-compete agreement is the difference between the discounted cash flows of the business under each of these two alternative scenarios (with competition and without competition), considering both tax expenditure and tax amortization benefits. The non-compete agreement was valued at $1.4 under this approach and will be amortized over 3 years. |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Investments
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investments | Investments The Company’s consolidated investments are summarized as follows:
Included in accumulated other comprehensive income ("AOCI") were cumulative unrealized gains of $0.9 and unrealized losses of $1.9 related to the non-credit portion of other-than-temporary impairments ("OTTI") on non-agency residential mortgage-backed securities at June 30, 2015 and September 30, 2014, respectively. The non-agency residential mortgage-backed securities unrealized gains and losses represent the difference between amortized cost and fair value on securities that were previously impaired. Securities held on deposit with various state regulatory authorities had a fair value of $15,964.0 and $15,009.3 at June 30, 2015 and September 30, 2014, respectively. FGL Insurance is domesticated in Iowa and under Iowa regulations, insurance companies are required to hold securities on deposit in an amount no less than the company's legal reserve as prescribed by Iowa regulations. FGL and Front Street Re (Delaware) Ltd. and its subsidiaries ("Front Street") held no material non-income producing investments during the three and nine months ended June 30, 2015 and 2014. In accordance with FGL Insurance's Federal Home Loan Bank of Atlanta (“FHLB”) funding agreements, the investments supporting the funding agreement liabilities are pledged as collateral to secure the FHLB agreement liabilities. The collateral investments had a fair value of $540.0 and $573.2 at June 30, 2015 and September 30, 2014, 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.
Securities in an Unrealized Loss Position The fair value and gross unrealized losses of available-for-sale securities, aggregated by investment category, were as follows:
At June 30, 2015 and September 30, 2014, securities in an unrealized loss position were primarily concentrated in investment grade corporate debt instruments. At June 30, 2015 and September 30, 2014, securities with a fair value of $66.7 and $0.2, respectively, were depressed greater than 20% of amortized cost (excluding U.S. Government and U.S. Government sponsored agency securities), which represented less than 1% of the carrying values of all investments. For the three and nine months ended June 30, 2015 and 2014, the Company recognized no material impairment losses on available-for-sale fixed maturity and equity securities. The portion of other-than-temporary impairments recognized in AOCI is disclosed in the unaudited Condensed Consolidated Statements of Comprehensive (Loss) Income. Asset-based Loans Salus Capital Partners, LLC (“Salus”) portfolio of asset-based loans receivable, included in “Asset-based loans” in the unaudited Condensed Consolidated Balance Sheets as of June 30, 2015 and September 30, 2014, consisted of the following:
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 nine months ended June 30, 2015 and 2014:
Credit Quality Indicators 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 June 30, 2015, there were four loans representing $91.3 that were considered delinquent by Salus, placed on nonaccrual status and categorized as doubtful. It is Salus' policy to discontinue accruing interest when there is a reasonable doubt as to collectability in the normal course of business. Nonaccrual loans are considered impaired for reporting purposes and are individually evaluated for impairment. During the nine months ended June 30, 2015, the Company recognized charge-offs of $76.6. For the three and nine months ended June 30, 2015, the Company recorded additional net increases in the provision of credit losses of $10.6 and $37.2, respectively for a total recognized bad debt expense of $10.6 and $113.8, respectively. The internal risk rating of three delinquent loans was categorized as doubtful during the three months ended June 30, 2015. Salus has assessed the adequacy of its allowance for loan assets and believes the level of allowance for loan losses to be adequate to mitigate inherent losses in the portfolio. As of September 30, 2014, there were no outstanding loans that had been individually considered impaired. During the nine months ended June 30, 2015, the bankruptcy court overseeing the Chapter 11 proceedings of RadioShack Corp. ("RadioShack") approved the sale of 1,743 of the company’s stores to General Wireless Inc., an affiliate of Standard General LP. Salus was the lender under RadioShack’s $250.0 term loan placed in December 2013 with a net exposure to our Insurance and Asset Management segments of $150.0 after giving effect to non-qualifying participation of $100.0 loan to RadioShack held by a third party. During the three months ended June 30, 2015, the $100.0 held by a third party had been repaid in full. The extent to which Salus will be able to recover amounts owed to it by RadioShack is dependent on a number of factors, including the results of asset sales, only some of which have been completed to date, and ongoing litigation.
Commercial Mortgage Loans on Real Estate Included in Other invested assets on the unaudited Condensed Consolidated Balance Sheets were commercial mortgage loans ("CMLs") of $403.9 and $136.2, or approximately 2.1% and 0.7% of the Company's total investments as of June 30, 2015 and September 30, 2014, respectively. FGL Insurance primarily makes mortgage loans on income producing properties including hotels, industrial properties, retail buildings, multifamily properties and office buildings. FGL Insurance diversifies its CML portfolio by geographic region and property type to reduce concentration risk. Subsequent to origination, FGL Insurance continuously evaluates CMLs based on relevant current information to ensure properties are performing at a consistent and acceptable level to secure the related debt. The distribution of CMLs, gross of valuation allowances, by property type and geographic region is reflected in the following tables:
At June 30, 2015 and September 30, 2014, FGL Insurance had a CML portfolio with 100% of all CMLs having a loan-to-value ("LTV") ratio of less than 75%. As of June 30, 2015 all CMLs were current and have not experienced credit or other events which would require the recording of an impairment loss. FGL Insurance had not established a collective or specific CML valuation allowance as of June 30, 2015. LTV and debt service coverage (“DSC”) ratios are measures commonly used to assess the risk and quality of mortgage loans. The LTV ratio, calculated at time of origination, is expressed as a percentage of the amount of the loan relative to the value of the underlying property. A LTV ratio in excess of 100% indicates the unpaid loan amount exceeds the underlying collateral. The DSC ratio, based upon the most recently received financial statements, is expressed as a percentage of the amount of a property’s net income to its debt service payments. A DSC ratio of less than 1.0 indicates that a property’s operations do not generate sufficient income to cover debt payments. The following table presents the recorded investment in CMLs by LTV and DSC ratio categories and estimated fair value by the indicated loan-to-value ratios at June 30, 2015 and September 30, 2014:
(a) N/A - Current financial information not available. FGL Insurance recognizes a mortgage loan as delinquent when payments on the loan are greater than 30 days past due. At June 30, 2015, FGL Insurance had no CMLs that were delinquent in principal or interest payments. The following provides the current and past due composition of FGL Insurance's CMLs on real estate:
As of June 30, 2015, FGL Insurance's CML portfolio had no impairments, modifications or troubled debt restructuring. Net Investment Income The major sources of “Net investment income” on the accompanying unaudited Condensed Consolidated Statements of Operations were as follows:
For mortgage-backed securities, included in the fixed maturity available-for-sale securities portfolios, FGL recognizes income using a constant effective yield based on anticipated prepayments and the estimated economic life of the securities. When actual prepayments differ significantly from originally anticipated prepayments, the effective yield is recalculated prospectively to reflect actual payments to date plus anticipated future payments. Any adjustments resulting from changes in effective yield are reflected in “Net investment income’’. During the three months ended June 30, 2015, FGL received notice that FGL is entitled to receive a settlement as a result of its ownership of certain residential mortgage-backed securities that were issued by Countrywide, an entity which was later acquired by Bank of America. FGL has estimated the expected recovery from this settlement to be between $15.0 and $20.0, with a best estimate of $18.6. In compliance with FGL's accounting policy described above, FGL updated its cash flow projections for FGL's best estimate of the recovery as of June 30, 2015 and will accrete it prospectively over the remaining life of the related securities through FGL's effective yield and recognize the impact within "Net investment income." This change to cash flow projections had an immaterial impact on "Net investment income" during the three and nine months ended June 30, 2015. As of June 30, 2015, the weighted average remaining life on the affected securities was approximately six years. Net investment gains “Net investment gains” reported on the accompanying unaudited Condensed Consolidated Statements of Operations were as follows:
For the three and nine months ended June 30, 2015, principal repayments, calls, tenders, and proceeds from the sale of fixed maturity available-for-sale securities totaled $1,863.9 and $3,669.7, respectively, gross gains on such sales totaled $59.8 and $79.6, respectively, and gross losses totaled $6.2 and $50.7, respectively. The proceeds from the sale of fixed maturity available-for sale securities exclude maturities and repayments for the three and nine months ended June 30, 2015. For the three and nine months ended June 30, 2014, principal repayments, calls, tenders, and proceeds from the sale of fixed maturity available-for-sale securities totaled $1,724.6 and $4,352.5, respectively, gross gains on such sales totaled $74.6 and $96.8, respectively, and gross losses totaled $1.7 and $4.2, respectively. The proceeds from the sale of fixed maturity available-for sale securities exclude maturities and repayments for the three and nine months ended June 30, 2014. Cash flows from consolidated investing activities by security classification were as follows:
Concentrations of Investments As of June 30, 2015 and September 30, 2014, the Company’s most significant investment in one industry, excluding U.S. Government securities, was the Company’s investment securities in the banking industry with a fair value of $1,982.0 or 10.2% and $2,240.3, or 11.6%, of the Company's invested assets portfolio, respectively. The Company’s holdings in this industry includes investments in 78 different issuers with the top 10 investments accounting for 40.3% of the total holdings in this industry. As of June 30, 2015 and September 30, 2014, the Company had investments in 14 and 4 issuers that exceeded 10% of the Company's stockholders’ equity with a fair value of $1,513.5 and $768.5, or 7.8% and 4.0% of the invested assets portfolio, respectively. Additionally, the Company’s largest concentration in any single issuer as of June 30, 2015 and September 30, 2014, had a fair value of $175.1, or 0.9% and $250.0, or 1.3%, respectively, of the Company's invested assets portfolio. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Derivative Financial Instruments
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Financial Instruments | Derivative Financial Instruments The fair value of outstanding derivative contracts recorded in the accompanying unaudited Condensed Consolidated Balance Sheets were as follows:
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, 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 unaudited 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 unaudited Condensed Consolidated Statements of Operations. During the three and nine months ended June 30, 2015 and 2014, the Company recognized the following gains and losses on these derivatives:
Additional Disclosures Cash Flow Hedges When it deems 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 both June 30, 2015 and September 30, 2014, Spectrum Brands had a series of U.S. dollar denominated interest rate swaps outstanding which effectively fix the interest on floating rate debt, exclusive of lender spreads, at 1.36% for a notional principal amount of $300.0 through April 2017. The derivative net loss on these contracts recorded in AOCI by Spectrum Brands at June 30, 2015 and September 30, 2014 was $1.0 and $0.4, respectively, net of tax and noncontrolling interest. At June 30, 2015 and September 30, 2014, the portion of derivative net loss estimated to be reclassified from AOCI into earnings by Spectrum Brands over the next 12 months was $0.8 and $0.8, respectively, net of tax and noncontrolling interest. 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 and other product sales" or purchase price variance in "Cost of consumer products and other goods sold." At June 30, 2015, Spectrum Brands had a series of foreign exchange derivative contracts outstanding through September 2016 with a contract value of $293.8. The derivative net gain on these contracts recorded in AOCI at June 30, 2015 was $2.2, net of tax expense of $0.9. At June 30, 2015, the portion of derivative net gains estimated to be reclassified from AOCI into earnings over the next twelve months was $2.4, net of tax. Spectrum Brands is exposed to risk from fluctuating prices for raw materials, specifically zinc and brass used in its manufacturing processes. Spectrum Brands hedges a portion of the risk associated with the purchase of 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 June 30, 2015, Spectrum Brands had a series of zinc swap contracts outstanding through September 2016 for 7.8 thousand metric tons with a contract value of $17.0. At June 30, 2015, Spectrum Brands had a series of brass swap contracts outstanding through March 2017 for 1.7 thousand metric tons with a contract value of $8.1. The derivative net loss on these contracts recorded in AOCI at June 30, 2015 was $0.8, net of tax benefit of $0.1. At June 30, 2015, the portion of derivative net loss estimated to be reclassified from AOCI into earnings over the next twelve months is $0.7, net of tax. 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 unaudited 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 June 30, 2015 and September 30, 2014, Spectrum Brands had $139.2 and $108.9, respectively, of notional value for such foreign exchange derivative contracts outstanding. Spectrum Brands periodically enters into commodity swap contracts to economically hedge the risk from fluctuating prices for raw materials, specifically the pass-through of market prices for silver used in manufacturing purchased watch batteries. Spectrum Brands hedges a portion of the risk associated with these materials through the use of commodity swaps. The swap contracts are designated as economic hedges with the unrealized gain or loss recorded in earnings and as an asset or liability at each period end. The swaps effectively fix the floating price on a specified quantity of silver through a specified date. At June 30, 2015, Spectrum Brands had a series of such swap contracts outstanding through September 2015 for 10 thousand troy ounces with a contract value of $0.2. At September 30, 2014, Spectrum Brands had a series of such swap contracts outstanding through September 2015 for 25 thousand troy ounces with a contract value of $0.4. Oil and natural gas commodity contracts Compass enters into derivative financial instruments as it deems appropriate. Compass’ 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 Compass would realize if commodity prices increase. When prices for oil and natural gas are volatile, a significant portion of the effect of its 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 losses or gains only arise from payments made or received on monthly settlements of contracts or if Compass terminates a contract prior to its expiration. Compass does not designate its derivative financial instruments as hedging instruments for financial reporting purposes and, as a result, Compass recognizes the change in the respective instruments’ fair value in earnings. Settlements in the normal course of maturities of derivative financial instrument contracts result in cash receipts from, or cash disbursements to, Compass' derivative contract counterparties. Changes in the fair value of Compass' derivative financial instrument contracts, which includes both cash and non-cash changes in fair value, are included in earnings with a corresponding increase or decrease in the unaudited Condensed Consolidated Balance Sheets fair value amounts. Compass' natural gas and oil commodity contract derivative instruments are comprised of swap contracts, collars and three-way collars. Swap contracts allow Compass to receive a fixed price and pay a floating market price to the counterparty for the hedged commodity. A three-way collar is a combination of options including a sold call, a purchased put and a sold put. These contracts allow Compass to participate in the upside of commodity prices to the ceiling of the call option and provide Compass with partial downside protection through the combination of the put options. If the market price is below the strike price of the purchased put at the time of settlement then the counterparty pays Compass the excess, unless the market price falls below the strike price of the sold put at which point the counterparty pays Compass the difference between the strike prices of the purchased put and sold put. If the market price is above the strike price of the sold call at the time of settlement, we pay the counterparty the excess. The following table presents Compass’ volumes and fair value of the oil derivative financial instrument as of June 30, 2015 (presented on a calendar-year basis):
At September 30, 2014, Compass had outstanding derivative contracts to mitigate price volatility covering 6,821 Billion British Thermal Units ("Mmbtus") of natural gas and 254 Thousand Barrels ("Mbbls") of oil. At June 30, 2015, the average forward NYMEX oil prices per Bbl for the remainder of 2015 was $60.38, and the average forward NYMEX natural gas prices per Mmbtu for 2015 was $2.92. Compass derivative financial instruments covered approximately 64% and 58% of production volumes for the three and nine months ended June 30, 2015, respectively, and 68% and 74% of production volumes for the three and nine months ended June 30, 2014, respectively. Other Embedded Derivatives On June 16, 2014, FGL Insurance invested in a $35.0 fund-linked note issued by Nomura International Funding Pte. Ltd. The note provides for an additional payment at maturity based on the value of a hypothetical investment in AnchorPath Dedicated Return Fund (the "AnchorPath Fund") of $11.3 which was based on the actual return of the fund. At June 30, 2015 the fair value of the embedded derivative was $11.7. At maturity of the fund-linked note, FGL Insurance will receive the $35.0 face value of the note plus the value of the hypothetical investment in the AnchorPath Fund. The additional payment at maturity is an embedded derivative reported in "Other invested assets", while the host is an available-for-sale security reported in "Fixed maturities" within the accompanying unaudited Condensed Consolidated Balance Sheets. Credit Risk 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:
(a) An * represents credit ratings that were not available. Collateral Agreements FGL is required to maintain minimum ratings as a matter of routine practice under its over-the-counter derivative agreements on ISDA forms. 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 June 30, 2015 and September 30, 2014, counterparties posted $118.8 and $188.0 of collateral, of which $103.9 and $135.5, respectively, is included in "Cash and cash equivalents," with an associated payable for this collateral included in "Other liabilities" in the unaudited Condensed Consolidated Balance Sheets. The remaining $14.9 and $52.5 of non-cash collateral was held by a third-party custodian at June 30, 2015 and September 30, 2014, respectively. 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 $101.3 and $108.3 at June 30, 2015 and September 30, 2014, respectively. FGL held 1,819 and 2,348 futures contracts at June 30, 2015 and September 30, 2014, respectively. The fair value of the 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 unaudited Condensed Consolidated Balance Sheets. The amount of cash collateral held by the counterparties for such contracts was $8.3 and $10.8 at June 30, 2015 and September 30, 2014, respectively. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Fair Value of Financial Instruments
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value of Financial Instruments | Fair Value of Financial Instruments The Company’s consolidated assets and liabilities measured at fair value are summarized according to the hierarchy previously described as follows:
(a) included in other assets in the accompanying unaudited condensed Consolidated Balance Sheets. Valuation Methodologies Fixed Maturity Securities, Equity Securities and Other Invested Assets The Company measures the fair value of its securities based on assumptions used by market participants in pricing the security. The appropriate valuation methodology is selected based on the specific characteristics of the fixed maturity or equity security, and the Company will then consistently apply the valuation methodology to measure the security’s fair value. The Company’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. The Company 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. The significant unobservable input used in the fair value measurement of equity securities available-for-sale for which the market-approach valuation technique is employed, is yields for comparable securities. Increase (decrease) in such yields, respectively, would result in lower or higher fair value measurements. 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 Company did not adjust prices received from third parties as of June 30, 2015 and September 30, 2014. However, the Company does analyze the third-party valuation methodologies and its related inputs to perform assessments to determine the appropriate level within the fair value hierarchy. Fair value of FGL's available-for-sale embedded derivative, included in "Other invested assets", is based on an unobservable input, the net asset value of the AnchorPath Fund at the balance sheet date. The available-for-sale embedded derivative is similar to a call option on the net asset value of the AnchorPath Fund with a strike price of zero since FGL will not be required to make any additional payments at maturity of the fund-linked note in order to receive the net asset value of the AnchorPath Fund on the maturity date. Therefore, the Black Scholes model returns the net asset value of the AnchorPath Fund as the fair value of the call option regardless of the values used for the other inputs to the option pricing model. The net asset value of the AnchorPath Fund is provided by the fund manager at the end of each calendar month and represents the value an investor would receive if it withdrew its investment on the balance sheet date. Therefore, the key unobservable input used in the Black Scholes model is the value of the AnchorPath Fund. As the value of the AnchorPath Fund increases or decreases, the fair value of the embedded derivative will increase or decrease. Funds Withheld Receivables and Future Policy Holder Benefits Reserve Front Street elected to apply the Fair Value Option to account for its Funds Withheld Receivables, non-Funds Withheld assets and Future Policy Holder Benefits Reserve related to its assumed reinsurance. Front Street measures fair value of the Funds Withheld Receivables based on the fair values of the securities in the underlying funds withheld portfolio held by the cedant. The non-Funds Withheld assets held by Front Street, backing the Future Policy Holder Benefits Reserve, are measured at fair value per the accounting methodology for given asset class. Front Street uses a discounted cash flows approach to measure the fair value of the Future Policy Holder Benefits Reserve. The cash flows associated with future policy premiums and benefits are generated using best estimate assumptions (plus a risk margin, where applicable) and are consistent with market prices, where available. Risk margins are typically applied to non-observable, non-hedgeable market inputs such as long term volatility, mortality, morbidity, lapse, etc. Derivative Financial Instruments 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 canceled the options, entered into offsetting positions, or exercised the options. Fair values for these instruments are determined externally by using market-observable inputs, including interest rates, yield curve volatilities, and other factors. The fair value of the embedded derivatives in FGL’s FIA products are derived using market indices, pricing assumptions and historical data. The fair value of futures contracts represents the cumulative unsettled variation margin (open trade equity, net of cash settlements). Compass evaluates derivative assets and liabilities in accordance with master netting agreements with the derivative counterparties, and reports them on a gross or net basis on the Condensed Consolidated Balance Sheets as determined by the nature of the trade with the counterparty. Net derivative asset values are determined primarily by quoted futures prices and utilization of risk-free rate curves and net derivative liabilities are determined by utilization of risk-free rate curve. The risk-free rates of Compass’ counterparties are based on the London Interbank Offered Rate (“LIBOR”) curve as of the end of the reporting period. Compass’ risk-free rate is based on the LIBOR curve as of the end of the reporting period. Compass’ 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 risk-free rate curve, as described above. Compass’ natural gas derivatives are swap and three-way collar contracts for notional Mmbtus of natural gas at posted price indexes, including NYMEX 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, (iii) the applicable risk-free rate curve, as described above, and (iv) the implied rate of volatility inherent in the option contracts. Spectrum Brands' derivative financial instruments are generally based on quoted or observed market prices and classified as Level 2. Quantitative information regarding significant unobservable inputs used for recurring Level 3 fair value measurements of financial instruments carried at fair value as of June 30, 2015 and September 30, 2014 were as follows:
The significant unobservable inputs used in the fair value measurement of the equity investment are revenue multiple and probability of the transaction closing. Significant increases (decreases) in the revenue multiple and the probability of the transaction closing would result in a higher (lower) 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 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 at June 30, 2015 and September 30, 2014, was based on the 2000 and 1983 annuity tables, respectively, 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 Front Street future policyholder benefit liability are non-performance risk spread and risk spread to reflect uncertainty. Significant increases (decreases) in non-performance risk spread and risk margin to reflect uncertainty would result in a lower (higher) fair value measurement. 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 nine months ended June 30, 2015 and 2014. This summary excludes any impact of amortization of value of business acquired ("VOBA") and deferred acquisition costs ("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.
(a) The net transfers out of Level 3 for the three months ended June 30, 2014 were exclusively to Level 2.
(a) The net transfers out of Level 3 for the nine months ended June 30, 2014 were exclusively to Level 2. There was a $6.0 transfer to asset-backed securities from commercial mortgage-backed securities, the remaining transfers were from Level 3 to Level 2. The Company 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. There were no transfers between Level 1 and Level 2 for the three and nine months ended June 30, 2015 and 2014. Primary market issuance and secondary market activity for certain asset-backed securities during the three and nine months ended June 30, 2015 and 2014 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 the Company's conclusion that there was sufficient trading activity in similar instruments to support classifying these securities as Level 2 as of June 30, 2015 and 2014. Accordingly, the Company’s assessment resulted in net transfers out of Level 3 of $1.0 and $34.5 related to asset-backed securities and corporate securities during the three and nine months ended June 30, 2015, respectively, and of $18.9 and $23.9 related to asset-backed securities, corporate securities and commercial mortgage-backed securities during the three and nine months ended June 30, 2014, respectively. Non-Recurring Fair Value Measurements Goodwill, intangible assets and other long-lived assets are 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). See Note 7, Goodwill and Intangibles, including deferred acquisition costs and value of business acquired, net. Financial Assets and Liabilities Not Measured at Fair Value The carrying amount, estimated fair value and the level of the fair value hierarchy of the Company’s financial instrument assets and liabilities which are not measured at fair value on the unaudited Condensed Consolidated Balance Sheets are summarized as follows:
Valuation Methodology Asset-based loans The fair value of the asset-based loans originated by Salus approximate their carrying value. Such loans carry a variable rate that are typically revolving in nature and can be settled at the demand of either party. Nonaccrual loans are considered impaired for reporting purposes and are measured and recorded at fair value on a non-recurring basis. As the loans are collateral dependent, Salus measures such impairment based on the estimated fair value of eligible proceeds. This is generally based on estimated market prices from an independently prepared appraisal. The impaired loan balance represents those nonaccrual loans for which impairment was recognized during the quarter. Other Invested Assets - Commercial Mortgage Loans on Real Estate The fair value of CMLs is established using a discounted cash flow method based on credit rating, maturity and future income. The ratings for CMLs in good standing are based on property type, location, market conditions, occupancy, debt-service coverage, loan-to-value, quality of tenancy, borrower and payment record. The carrying value for impaired CMLs is based on the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s market price or the fair value of the collateral if the loan is collateral dependent. The inputs used to measure the fair value of the CMLs are classified as Level 3 within the fair value hierarchy. Other Invested Assets - Policy Loans Also included in other invested assets are policy loans. Fair values for policy loans are estimated using discounted cash flow analysis, using interest rates currently being offered for loans with similar credit risk. Loans with similar characteristics are aggregated for purposes of the calculations. Investment Contracts Included in Contractholder Funds Investment contracts include deferred annuities, FIAs, indexed universal life ("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 June 30, 2015, this resulted in higher fair value reserves relative to the carrying value, and at September 30, 2014, this resulted in lower fair value reserves relative to the carrying value. The Company 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. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Goodwill and Intangibles, including DAC and VOBA
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Goodwill and Intangibles, including DAC and VOBA | Goodwill and Intangibles, including deferred acquisition costs and value of business acquired, net A summary of the changes in the carrying amounts of goodwill and intangible assets, including DAC and VOBA balances, are as follows:
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 2 to 20 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. During the three months ended December 31, 2014, the Company concluded that an interim impairment test of goodwill and indefinite-lived intangible assets for its FOH reporting unit was necessary. This conclusion was based on certain indicators of impairment, primarily related to the resignation of the Company’s then CEO in December of 2014 and subsequent change in strategic direction of FOH. The revised plan changed the focus from expansion to rationalization of the existing business and was expected to result in lower revenues and profitability with a reduced level of investment from levels originally contemplated under prior management at the time of the acquisition in May of 2014. There were no other indicators of impairment for the Company's other reporting units. As discussed in Note 1, Description of Business, effective April 19, 2015, FOH commenced Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware and as a result FOH was deconsolidated from the Company's Condensed Consolidated Financial Statements. Intangibles Impairment Test Prior to conducting the goodwill impairment test for the FOH reporting unit, the Company first evaluated the recoverability of FOH's intangible assets. The Company 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 FOH 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. Management estimated the fair value of the trade name and trademarks at $9.9 under this approach, which resulted in an impairment of $31.9. Goodwill Impairment Test As noted above, during the three months ended December 31, 2014, the Company determined that sufficient indicators of potential impairment existed to require an interim goodwill impairment analysis for the FOH reporting unit. The Company estimated the fair value of the FOH reporting unit using a combination of the income and market multiple approaches. Under the income approach, the Company calculated the fair value of the FOH reporting unit based on the present value of estimated future cash flows. The Company's estimate of discounted cash flows for each reporting unit required significant judgment. Cash flow projections are based on management's estimates of revenue growth rates and operating margins, taking into consideration industry and market conditions, projected costs of closures, including the costs of exiting leases. The discount rate used is based on the weighted-average cost of capital adjusted for the relevant risk associated with business-specific characteristics and the uncertainty related to the FOH's ability to execute on the projected cash flows. The market data utilized included publicly-traded prices and transaction values of comparable companies with operations considered to be similar to those of the Company’s reporting units. Collectively, these evaluations were management’s best estimate of projected fair values. Management's estimate of implied fair value of goodwill of $16.2 was below the carrying value for the FOH reporting unit and, consequently, resulted in a goodwill impairment charge of $28.3. While the Company believes the assumptions used in the interim impairment analysis are reasonable, its analysis is sensitive to adverse changes in the assumptions used in the valuations. In particular, changes in the projected cash flows, the discount rate, the terminal year growth rate and market multiple assumptions could produce significantly different results for the impairment analyses. Changes in these assumptions against actual results could result in future impairment tests and charges. The Company will continue to monitor any changes in circumstances for indicators of impairment and closely monitor its actual results against these assumptions. Both the goodwill impairment charge and the intangible assets impairment charge, totaling $60.2, were reflected in “Impairments and bad debt expense” on the accompanying unaudited Condensed Consolidated Statements of Operations. There were no additional goodwill or intangible impairments for the three months ended June 30, 2015. Definite Lived Intangible Assets Definite lived intangible assets are summarized as follows:
Amortization expense for definite lived intangible assets was as follows:
The Company estimates annual amortization expense of amortizable intangible assets for the next five fiscal years will approximate $90.0 per year. Amortization of DAC and VOBA Amortization of DAC and VOBA is based on the amount of gross margins or profits recognized, including investment gains and losses. The interest accrual rate utilized to calculate the accretion of interest on VOBA ranged from 4.0% to 5.0%. The adjustment for unrealized net investment losses/gains represents the amount of VOBA and DAC 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 AOCI rather than the statement of operations. As of June 30, 2015 and September 30, 2014, the VOBA balance included cumulative adjustments for net unrealized investment gains of $114.9 and $164.2, respectively, and the DAC balances included cumulative adjustments for net unrealized investment gains of $36.9 and $55.5, respectively. Amortization expense for VOBA and DAC was as follows:
Accumulated amortization of VOBA as of June 30, 2015 and September 30, 2014 was $364.0 and $338.4, respectively. The above DAC balances include $51.1 and $32.7 of deferred sales inducements (“DSI”), net of shadow adjustments, as of June 30, 2015 and September 30, 2014, respectively. The weighted average amortization period for VOBA is approximately 4.9 years. Estimated amortization expense for VOBA in future fiscal periods is as follows:
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Debt
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt | Debt The Company’s consolidated debt consists of the following:
________________________ *Together, defined as the "Prior Term Loan" ** Together, defined as the "Term Loan" HRG April Secured Notes On April 14, 2015, the Company issued $100.0 aggregate principal amount of additional 7.875% Notes (the "April Secured Notes"). The April Secured Notes were priced at 104.5% of par plus accrued interest from January 15, 2015. Interest on the 7.875% Notes is payable semi-annually, in January and July. In connection with the April Secured Notes offering, the Company recorded $2.0 of fees during the three and nine months ended June 30, 2015. These fees were classified as "Other assets" in the accompanying Condensed Consolidated Balance Sheets as of June 30, 2015, and are being amortized to interest expense utilizing the effective interest method over the term of the April Secured Notes. The April Secured Notes were issued under the Company's existing indenture governing the 7.875% Notes. May Secured Notes On May 19, 2015, the Company issued $160.0 aggregate principal amount of additional 7.875% Notes (the "May Secured Notes"). The May Secured Notes were priced at 104.5% of par plus accrued interest from January 15, 2015. Interest on the 7.875% Notes is payable semi-annually, in January and July. In connection with the May Secured Notes offering, the Company recorded $2.5 of fees during the three and nine months ended June 30, 2015. These fees were classified as "Other assets" in the accompanying Condensed Consolidated Balance Sheets as of June 30, 2015, and are being amortized to interest expense utilizing the effective interest method over the term of the May Secured Notes. The May Secured Notes were issued under the Company's existing indenture governing the 7.875% Notes. May Unsecured Notes On May 19, 2015, the Company issued $140.0 aggregate principal amount of additional 7.75% Notes (the "May Unsecured Notes"). The May Unsecured Notes were priced at 98.51% of par plus accrued interest from January 15, 2015. Interest on the 7.75% Notes is payable semi-annually, in January and July. In connection with the May Unsecured Notes offering, the Company recorded $2.2 of fees during the three and nine months ended June 30, 2015. These fees were classified as "Other assets" in the accompanying Condensed Consolidated Balance Sheets as of June 30, 2015, and are being amortized to interest expense utilizing the effective interest method over the term of the May Unsecured Notes. The May Unsecured Notes were issued under the Company's existing indenture governing the 7.75% Notes. Spectrum Brands Interest terms Certain of Spectrum Brands’ debt instruments are subject to variable interest rates. The variable rates are weighted averages based on outstanding debt balances and corresponding rates in effect as of the period end. At June 30, 2015, Spectrum Brands’ variable interest rate terms were as follows: in the case of the U.S. dollar denominated term loan facility (the "USD Term Loan"), either adjusted LIBOR (International Exchange London Interbank Offered Rate), subject to a 0.75% floor, plus 3.0% per annum, or base rate plus 2% per annum; in the case of the Canadian dollar ("CAD") denominated term loan facility (the "CAD Term Loan"), either CDOR (Canadian Dollar Offered Rate), subject to a 0.75% floor (0.99% at June 28, 2015) plus 3.5% per annum, or base rate plus 2.5% per annum; in the case of Euro denominated term loan facility (the "Euro Term Loan"), EURIBOR (Euro Interbank Offered Rate), subject to a 0.75% floor, plus 2.75% per annum, with no base rate option available; and in the case of cash flow based revolving credit facility (the “Revolver Facility”), either adjusted LIBOR plus 3.0% per annum or base rate plus 2.0% per annum. Term Loan On June 23, 2015, Spectrum Brands, Inc., a subsidiary of Spectrum Brands ("SBI") entered into term loan facilities pursuant to a Senior Credit Agreement consisting of a $1,450.0 USD Term Loan due June 23, 2022, a $75.0 CAD Term Loan due June 23, 2022 and a €300.0 Euro Term Loan due June 23, 2022 (together, the "Term Loan") and entered into a $500.0 Revolver Facility due June 23, 2020. The proceeds from the Term Loan facilities and draws on the Revolver Facility were used to repay Spectrum Brands’ then-existing senior term credit facility, repay Spectrum Brands’ outstanding 6.75% senior unsecured notes due 2020, repay and replace the Spectrum Brands’ then-existing asset based revolving loan facility, and to pay fees and expenses in connection with the refinancing and for general corporate purposes. Subject to certain mandatory prepayment events, the Term Loan is subject to repayment according to scheduled amortizations, with the final payments of all amounts outstanding, plus accrued and unpaid interest, due at maturity. The Senior Credit Agreement contains customary affirmative and negative covenants, including, but not limited to, restrictions on SBI and its restricted subsidiaries’ ability to incur indebtedness, create liens, make investments, pay dividends or make certain other distributions, and merge or consolidate or sell assets, in each case subject to certain exceptions set forth in the Senior Credit Agreement. Pursuant to a guarantee agreement, Spectrum Brands' wholly owned subsidiary, SB/RH Holdings, LLC and the material wholly-owned domestic subsidiaries of SBI have guaranteed SBI’s obligations under the Senior Credit Agreement and related loan documents. Pursuant to a security agreement, SBI and such subsidiary guarantors have pledged substantially all of their respective assets to secure such obligations and, in addition, SB/RH Holdings, LLC has pledged the capital stock of SBI to secure such obligations. The Senior Credit Agreement also provides for customary events of default including payment defaults and cross-defaults to other material indebtedness. In addition, the Senior Credit Agreement, solely with respect to the Revolver Facility, contains a financial covenant on the maximum net total leverage ratio that is tested on the last day of each fiscal quarter commencing with the fiscal quarter ending September 30, 2015. The USD Term Loan, the CAD Term Loan and the Euro Term Loan were issued at a 0.25%, 1.0% and 0.25% discount, respectively and were recorded net of the $3.6, $0.8 and €0.8 , respectively. The discount will be amortized as an adjustment to the carrying value of principal with a corresponding charge to interest expense over the remaining life of the respective loans. Spectrum Brands previously issued €150.0 of term debt in the three months ended December 31, 2014 and repaid the same term debt in the three months ended June 30, 2015 in connection with the issuance of the Euro Term Loan incurring Spectrum Brands recorded $2.6 of fees for the three months ended June 30, 2015. In connection with the issuance costs of the USD Term Loan, the CAD Term Loan and the Euro Term Loan, Spectrum Brands recorded $12.4, $0.6 and $4.9 of fees, respectively, of which $4.5, $0.4 and $2.6, respectively, are classified as "Other assets" in the accompanying Condensed Consolidated Balance Sheets and are amortized as an adjustment to interest expense over the remaining life of the respective loans with the remainder of reflected as an increase to interest expense for the three and nine months ended June 30, 2015. Spectrum Brands recorded accelerated amortization of portions of the unamortized discount and unamortized debt issuance costs related to the refinancing of the USD Term Loan, the CAD Term Loan and the Euro Term Loan of $5.1, $0.4 and $2.3, respectively, as an increase to interest expense for the three and nine months ended June 30, 2015. 6.125% Notes On December 4, 2014, Spectrum Brands issued $250.0 aggregate principal amount of 6.125% Notes at par value, due December 15, 2024 (the “6.125% Notes”). The 6.125% Notes are guaranteed by SB/RH Holdings, LLC, as well as by Spectrum Brands' existing and future domestic subsidiaries. Spectrum Brands may redeem all or a part of the 6.125% Notes, at any time on or after December 15, 2019, at specified redemption prices. In addition, prior to December 15, 2019, Spectrum Brands may redeem the notes at a redemption price equal to 100% of the principal amount plus a “make-whole” premium. Spectrum Brands is also entitled to redeem up to 35% of the aggregate principal amount of the notes before December 15, 2017 with an amount of cash equal to the net proceeds that Spectrum Brands raises in equity offerings at specified redemption prices. Further, the indenture governing the 6.125% Notes (the “2024 Indenture”) requires Spectrum Brands to make an offer, in cash, to repurchase all or a portion of the applicable outstanding notes for a specified redemption price, including a redemption premium, upon the occurrence of a change of control of Spectrum Brands, as defined in the 2024 Indenture. The 2024 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 2024 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 2024 Indenture arising from certain events of bankruptcy or insolvency will automatically cause the acceleration of the amounts due under the 6.125% Notes. If any other event of default under the 2024 Indenture occurs and is continuing, the trustee for the 2024 Indenture or the registered holders of at least 25% in the then aggregate outstanding principal amount of the 6.125% Notes, may declare the acceleration of the amounts due under those notes. Spectrum Brands recorded $4.6 of fees in connection with the offering of the 6.125% Notes for the nine months ended June 30, 2015. The fees were classified as "Other assets" within the accompanying unaudited Condensed Consolidated Financial Statements and are amortized as an adjustment to interest expense over the remaining life of the 6.125% Notes. 5.75% Notes On May 20, 2015, in connection with the acquisition of the AAG Business, Spectrum Brands issued $1,000.0 aggregate principal amount of 5.75% Notes at par value, due July 15, 2025 (the "5.75% Notes"). The 5.75% Notes are guaranteed by SB/RH Holdings, LLC, as well as by Spectrum Brands' existing and future domestic subsidiaries. Spectrum Brands may redeem all or a part of the 5.75% Notes, at any time on or after July 15, 2020, at specified redemption prices. In addition, prior to July 15, 2020, Spectrum Brands may redeem the notes at a redemption price equal to 100% of the principal amount plus a “make-whole” premium. Spectrum Brands is also entitled to redeem up to 35% of the aggregate principal amount of the notes before July 15, 2018 with an amount of cash equal to the net proceeds that Spectrum Brands raises in equity offerings at specified redemption prices. Further, the indenture governing the 5.75% Notes (the “2025 Indenture”) requires Spectrum Brands to make an offer, in cash, to repurchase all or a portion of the applicable outstanding notes for a specified redemption price, including a redemption premium, upon the occurrence of a change of control of Spectrum Brands, as defined in the 2025 Indenture. The 2025 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 2025 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 2025 Indenture arising from certain events of bankruptcy or insolvency will automatically cause the acceleration of the amounts due under the 5.75% Notes. If any other event of default under the 2025 Indenture occurs and is continuing, the trustee for the 2025 Indenture or the registered holders of at least 25% in the then aggregate outstanding principal amount of the 5.75% Notes, may declare the acceleration of the amounts due under those notes. Spectrum Brands recorded $19.5 of fees in connection with the offering of the 5.75% Notes for the three and nine months ended June 30, 2015. The fees are classified as "Other assets" within the accompanying Condensed Consolidated Balance Sheets and are amortized as an adjustment to interest expense over the remaining life of the 5.75% Notes. 6.75% Notes On June 23, 2015 Spectrum Brands called its $300.0 outstanding aggregate principal amount of 6.75% senior unsecured notes due 2020 (“the 6.75% Notes”). In connection with the call, Spectrum Brands paid the trustee principal, interest and a call premium sufficient to redeem the $300.0 of 6.75% Notes outstanding. The trustee under the indenture governing the 6.75% Notes accepted those funds in trust for the benefit of the holders of the 6.75% Notes and has acknowledged the satisfaction and discharge of the 6.75% Notes and the indenture governing the 6.75% Notes. On July 23, 2015 the Trustee redeemed the 6.75% Notes. In connection with the call, Spectrum Brands recorded $15.2 of fees and expenses as a cash charge to interest expense for the three and nine months ended June 30, 2015. In connection with the satisfaction and discharge process, Spectrum Brands recorded cash charges of $1.7 to interest expense for the three and nine months ended June 30, 2015. In addition, $4.1 of debt issuance costs related to the 6.75% Notes were written off as a non-cash charge to interest expense for the three and nine months ended June 30, 2015. Revolver Facility As noted above, on June 23, 2015, Spectrum Brands entered into a new Revolver Facility under the Senior Credit Agreement for $500.0 of aggregate commitment maturing on June 23, 2020. In connection with the new Revolver Facility, the Company incurred $5.7 of fees all of which are classified as "Other assets" within the accompanying Condensed Consolidated Balance Sheets and are amortized as an adjustment to interest expense over the remaining life of the Revolver Facility. Spectrum Brands recorded accelerated amortization of portions of the unamortized debt issuance costs related to the refinancing of the Prior Revolver Facility totaling $1.1 as an increase to interest expense for the three and nine months ended June 30, 2015. As a result of borrowings and payments under the Revolver Facility, at June 30, 2015, Spectrum Brands had aggregate borrowing availability of approximately $419.3, net of outstanding letters of credit of $33.2. FGL As of June 30, 2015, FGL had a borrowing base of $150.0 under their three-year unsecured revolving credit facility (the "FGL Credit Agreement") with no unfunded investment commitments. If FGL were to draw on the revolver, the interest rate would be equal to a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate plus 0.5%, (b) the rate of interest determined by Royal Bank of Canada as its prime commercial lending rate for U.S. dollar loans in the U.S. for such day as the "U.S. Prime Rate", and (c) the Eurodollar rate for an interest period of one month beginning on such day (or if such day is not a business day, the business day immediately preceding such day) plus 1.00% per annum. As of June 30, 2015, the interest rate would be equal to 5.25%, had FGL drawn on the revolver. Compass As of June 30, 2015, Compass had $327.0 of outstanding indebtedness under the revolving credit agreement entered into by Compass (the "Compass Credit Agreement"). The borrowing base is redetermined semi-annually, with Compass and the lenders having the right to request interim unscheduled redeterminations in certain circumstances. The interest rate grid ranges from 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. On June 30, 2015, the one month LIBOR was 0.2% which resulted in an interest rate of approximately 2.7%. Borrowings under the Compass 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 Compass Credit Agreement, of the oil and natural gas properties evaluated by the lenders for purposes of establishing the borrowing base. Compass 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. On May 7, 2015, Compass entered into an amendment to the terms of the Compass Credit Agreement that included a) modification of the Compass' Consolidated Leverage Ratio (as defined in the Compass Credit Agreement) whereby the permitted ratio limit was increased to 5.75 to 1.0 for the periods ending June 30, 2015 and September 30, 2015, and b) an additional financial covenant added in the form of Consolidated Cash Interest Coverage Ratio (as defined in the Compass Credit Agreement), whereby as of the periods ending June 30, 2015 and September 30, 2015 the ratio of consolidated earnings before tax, interest, depreciation, depletion, amortization and exploration expenses ("EBITDAX") (as defined in the Compass Credit Agreement) to consolidated interest expense for the trailing four quarters will not be less than 3.50 to 1.0. Concurrently with such amendment, HGI Funding, a wholly-owned subsidiary of the Company, provided a guarantee of a limited portion of the debt under the Compass Credit Agreement until the date of Compass’ next borrowing base redetermination (which is scheduled to occur at the beginning of the fourth quarter of calendar 2015) and committed to make a debt or equity contribution to Compass on such date in an amount to be determined based on the amount of the borrowing base at such time, which amount shall not exceed $80.0 (plus certain interest charges on unpaid amounts under the guaranty and reimbursement of enforcement expenses), but may be less depending on the amounts outstanding under the Compass Credit Agreement at that time. As a result of these amendments to the Compass Credit Agreement, Compass returned to good standing under the covenants specified in the Compass Credit Agreement, as amended. Compass is presently current on all obligation related to the Compass Credit Agreement. The Compass Credit Agreement matures on February 14, 2018. Salus Salus acts as co-lender under some of the asset-based loans that it originates, and such loans are structured to meet the definition of a "participating interest" as defined under ASC 860-10, Transfers and Servicing. For loans originated with co-lenders that have terms that result in such a co-lender not having a qualifying "participating interest", Salus recognizes the whole, undivided loan. Salus also reflects a secured borrowing owing to the co-lender representing their share in the undivided whole loan. As of June 30, 2015, Salus had $11.2 of such secured borrowings to co-lenders outstanding related to non-qualifying "participating interests." In February 2013, September 2013 and February 2015, Salus completed a collateralized loan obligation ("CLO") securitization of up to $578.5 notional aggregate principal amount that was $463.9 at June 30, 2015. The CLO was funded with $331.1 of the asset-based loan receivables that Salus had initially originated, of which $113.4 remains taken up by unaffiliated entities. The obligations of the securitization is secured by the assets of the VIE, primarily asset-based loan receivables, and carry a variable interest rate ranging from LIBOR plus 2.25% to LIBOR plus 11.50%. During the third quarter of 2015, Salus initiated a restructuring of the CLO pursuant to a special redemption of outstanding senior debt tranches in order to reduce the CLO’s outstanding leverage and borrowing costs. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Reinsurance
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reinsurance Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reinsurance | Reinsurance The effect of reinsurance on premiums earned, benefits incurred and reserve changes for the three and nine months ended June 30, 2015 and 2014 were as follows:
Amounts payable or recoverable for reinsurance on paid and unpaid claims are not subject to periodic or maximum limits. During the three and nine months ended June 30, 2015 and 2014, FGL and Front Street Cayman did not write off any reinsurance balances. During the three and nine months ended June 30, 2015 and 2014, FGL did not commute any ceded reinsurance. FGL and Front Street Cayman also assume policy risks from other insurance companies. FGL 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. 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. Effective April 1, 2015 Security Life of Denver ("SLD") recaptured a traditional life block of business previously assumed by FGL and simultaneously ceded to Wilton Re. Front Street As discussed in Note 3, Acquisitions, during the nine months ended June 30, 2015, Front Street Cayman purchased Ability Re from Ability Re Holdings. The Ability Re acquisition consisted of approximately $368.0 of assets supporting two closed block long-term care reinsurance agreements and the associated capital. The acquired reinsurance agreements complement Front Street Cayman’s existing in force long-duration insurance liabilities. The fair value of the assumed liabilities upon the acquisition was $346.9. Front Street Cayman manages the assets supporting reserves in accordance with the internal investment policy of Ability Re and applicable law. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Stock Compensation
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stock Compensation | Stock Compensation The Company recognized consolidated stock compensation expense of $26.4 and $19.7 during the three months ended June 30, 2015 and 2014, respectively, and $71.9 and $67.1 during the nine months ended June 30, 2015 and 2014, respectively. Stock compensation expense is 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 June 30, 2015 and related activity during the nine months then ended, under HRG, Fidelity & Guaranty Life Holdings, Inc. ("FGH"), and FGL’s respective incentive plans are as follows (option amounts in thousands):
A summary of restricted stock, restricted stock units and performance restricted stock units outstanding as of June 30, 2015 and related activity during the nine months then ended, under HRG, Spectrum Brands, FGH and FGL’s respective incentive plans are as follows (share amounts in thousands):
A summary of warrants outstanding as of June 30, 2015 and related activity during the nine months then ended, under HRG's incentive plan are as follows (share amounts in thousands):
HRG HRG granted stock option awards and restricted stock unit awards representing approximately 78 thousand and 42 thousand shares during the three months ended June 30, 2015, respectively. HRG granted no restricted stock awards during the three months ended June 30, 2015. During the nine months ended June 30, 2015, HRG granted stock option awards, restricted stock awards and restricted stock unit awards representing approximately 900 thousand, 1,885 thousand and 48 thousand shares, respectively. All of these grants are time based, and vest either immediately, or over a period of up to three years. The total fair value of the stock grants during the nine months ended June 30, 2015 on their respective grant dates was approximately $30.5. During the nine months ended June 30, 2015 stock option awards and restricted stock awards with a total fair value of $31.4 vested. The total intrinsic value of share options exercised during the nine months ended June 30, 2015 was $3.9, for which HRG received cash of $3.9 in settlement. During the three months ended June 30, 2014, HRG granted stock option awards, restricted stock awards and restricted stock unit awards representing approximately 30 thousand, 10 thousand and 7 thousand shares, respectively. During the nine months ended June 30, 2014, HRG granted stock option awards, restricted stock awards and restricted stock unit awards representing approximately 1,356 thousand, 3,313 thousand and 7 thousand shares, respectively. All of these grants are time based, and vest either immediately, or over a periods of one year to three years. The total fair value of the stock grants during the nine months ended June 30, 2014 on their respective grant dates was approximately $46.6. During the nine months ended June 30, 2014 stock option awards and restricted stock awards with a total fair value of $14.8 vested. The total intrinsic value of share options exercised during the nine months ended June 30, 2014 was $3.6, for which HRG received cash of $2.5 in settlement. Under HRG’s executive bonus plan for the fiscal year ending September 30, 2015, executives will be paid in cash, stock, stock options and restricted stock shares. The equity grants are expected to be granted in the first quarter of the fiscal year ending September 30, 2016, and to vest, either immediately, or between one year and three years from the grant date. As of June 30, 2015, there was approximately $22.2 of total unrecognized compensation cost related to unvested share-based compensation agreements previously granted, which is expected to be recognized over a weighted-average period of 1.54 years. The fair values of restricted stock and restricted stock unit awards are determined based on the market price of HRG’s common stock on the grant date. The fair value of stock option awards and warrants are determined using the Black-Scholes option pricing model. The following assumptions were used in the determination of these grant date fair values for options awarded using the Black-Scholes option pricing model:
The weighted-average remaining contractual term of outstanding stock option awards and warrants at June 30, 2015 was 7.60 years. Spectrum Brands Spectrum Brands granted restricted stock units representing approximately 22 thousand and 551 thousand shares during the three and nine months ended June 30, 2015. The 551 thousand restricted stock units granted during the nine months ended June 30, 2015 include 133 thousand restricted stock units that vested immediately and 141 thousand time-based restricted stock units that vest over a period ranging from 1 to 3 years. The remaining 277 thousand restricted stock units are performance and time-based and vest over a period ranging from 1 to 2 years. The total market value of the restricted stock units on the dates of the grants was approximately $49.8. The remaining unrecognized pre-tax compensation cost related to restricted stock units at June 30, 2015 was $36.3. Spectrum Brands granted restricted stock units representing approximately 10 thousand and 440 thousand shares during the three and nine months ended June 30, 2014, respectively. Of these grants, 90 thousand restricted stock units vested immediately and 60 thousand restricted stock units are time-based and vest over a period of 1 year. The remaining 290 thousand restricted stock units are performance and time-based and vest over a period of 2 years. The total market value of the restricted shares on the date of the grant was approximately $30.6. The fair value of restricted stock units are determined based on the market price of Spectrum Brands’ common stock on the grant date. FGL During the nine months ended June 30, 2015, FGL granted stock option awards, restricted stock awards and performance restricted stock units representing approximately 206 thousand, 325 thousand and 40 thousand shares (including 8 additional units based on 2014 financial performance), respectively. The stock option and restricted stock awards vest over a period of three years. The performance restricted stock units vest on September 30, 2016, contingent on the satisfaction of performance criteria and on the participant's continued employment unless otherwise noted in the agreement. The total fair value of the stock grants during nine months ended June 30, 2015 on their respective grant dates was approximately $9.5. During the nine months ended June 30, 2014, FGL granted stock option awards, restricted stock awards and performance restricted stock units representing approximately 249 thousand, 171 thousand and 541 thousand shares, respectively. The stock option and restricted stock awards vest over a period of three years. The performance restricted stock units vest on September 30, 2016 contingent on the satisfaction of performance criteria and on the participant's continued employment unless otherwise noted in the agreement. The total fair value the stock grants during the nine months ended June 30, 2014 on their respective grant dates was approximately $13.4. Additionally, on December 12, 2013, FGL granted 58 thousand unrestricted shares to certain directors in payment for services rendered. Total fair value of the unrestricted shares on the grant date was $1.0. FGL made no grants of stock option awards, restricted stock awards or performance restricted stock awards during the three months ended June 30, 2014. On March 31, 2015, FGL entered into an agreement with its former Chief Executive Officer in connection with his resignation pursuant to which the vesting for certain FGL and FGLH equity awards to the former Chief Executive Officer were accelerated. The former Chief Executive Officer forfeited two-thirds of the performance restricted stock units granted in fiscal year 2014, and all other previously awarded equity grants became vested as of June 30, 2015. The exercise date of the outstanding stock options was extended to December 31, 2015. No other terms of the equity awards were modified. FGL recognized total incremental compensation expense of $1.6 as a result of these modifications. The following assumptions were used in the determination of the grant date fair values using the Black-Scholes option pricing model for the former Chief Executive Officer's modified stock options and based on the value of FGL's common stock:
Expected volatility is based on the historical volatility of FGL’s stock price for awards granted in 2015. On March 18, 2015, the expected requisite service periods for executives that received certain FGL restricted shares granted on November 19, 2014 and February 11, 2015 were completed resulting in expense acceleration under the terms of the original awards due to their termination other than for cause from FGL's Board and all related committee positions of the two grantees. FGL recognized additional compensation expense of $3.1 related to the equity compensation expense acceleration related to completion of the executives' requisite service periods. The total compensation cost related to non-vested options, restricted stock units and dividend equivalent plans, not yet recognized as of June 30, 2015 totaled $12.6 and will be recognized over a weighted-average period of 1.5 years. The fair values of restricted stock and restricted stock unit awards are determined based on the market price of FGL's common stock on the grant date. The fair value of stock options awarded by FGL during the nine months ended June 30, 2015 and 2014 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:
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Income Taxes
|
9 Months Ended |
---|---|
Jun. 30, 2015
|
|
Income Tax Disclosure [Abstract] | |
Income Taxes | Income Taxes For the three and nine months ended June 30, 2015, the Company's effective tax rates of (4.3)% and (3.9)%, respectively, differed from the expected U.S. statutory tax rate of 35% and were impacted by pretax losses including significant impairment and bad debt expense in the Company's Insurance, Energy, Asset Management and Corporate and Other segments in the U.S., income earned outside the U.S. that is subject to statutory rates lower than 35% and certain pretax losses from domestic jurisdictions for which the Company concluded that the tax benefits are not more-likely-than-not to be realized, resulting in the recording of valuation allowances. The nine months ended June 30, 2015 included recognition of a nonrecurring net income tax benefit of $12.3 attributable to tax impact related to the impairment of certain FOH indefinite lived intangible assets. Due to the indefinite life of these assets for book purposes, the related deferred tax liability was not regarded as a source of taxable income to support the realization of deferred tax assets. Consequently, the impairment recorded resulted in a reduction to the deferred tax liability previously recorded. In addition, for the three and nine months ended June 30, 2015, the Company recognized a $31.0 income tax benefit from the reversal of a portion of Spectrum Brands' U.S. valuation allowance on deferred tax assets in connection with the purchase of AAG. As a result of the business combination, Spectrum determined that a portion of its pre-existing deferred tax assets are more likely than not to be realized by the combined entity and a portion of the valuation allowance should be eliminated. The discrete tax benefits related to the reversal of Spectrum valuation allowance and impairments at FOH reduced the Company’s income tax expense for the three and nine months ended June 30, 2015. For the three and nine months ended June 30, 2014, the Company's effective tax rates of 27.5% and 48.3%, respectively differed from the U.S. Federal statutory tax rate of 35% and were impacted by the following: (i) increased profitability of FGL's life insurance business, which files its own consolidated Federal income tax return; (ii) pretax losses in the U.S. and some foreign jurisdictions for which the Company concluded that the tax benefits are not more likely-than-not realizable, resulting in valuation allowances; and (iii) tax amortization of certain indefinite lived intangibles. The nine months ended June 30, 2014 included the release of U.S. valuation allowances totaling $35.0 on capital loss deferred tax assets that FGL had determined are more-likely-than-not-realizable due to viable tax planning strategies. The majority of U.S. net operating loss ("NOL"), capital loss and tax credit carryforwards of HRG, Spectrum Brands and FGL are subject to valuation allowances, as the Company concluded all or a portion of the related tax benefits are not more likely-than-not to be realized. Utilization of a portion of the NOL, capital loss and tax credit carryforwards of HRG, Spectrum Brands and FGL are subject to limitations under Internal Revenue Code ("IRC") Sections 382 and 383. Such limitations result from ownership changes of more than 50 percentage points over a three-year period. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Earnings Per Share
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Earnings Per Share | Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share ("EPS") (share amounts in thousands):
The number of shares of common stock outstanding used in calculating the weighted average thereof reflects the actual number of HRG common stock outstanding, excluding unvested restricted stock. For the three and nine months ended June 30, 2015, there were 3.0 million and 2.7 million, respectively weighted-average shares of the unvested restricted stock and stock units; 1.3 million and 1.4 million, respectively weighted-average shares of stock options; and 2.4 million weighted-average shares of the warrants that were excluded from the calculation of “diluted net loss per common share attributable to controlling interest” because the as-converted effect of the unvested restricted stock and stock units and stock options would have been anti-dilutive for the three and nine months ended June 30, 2015. For the three and nine months ended June 30, 2014, there were 28.9 million and 51.0 million, respectively weighted-average shares issuable upon the conversion of the Company's preferred stock that were excluded from the calculation of "diluted net loss per common share attributable to controlling interest" because the as-converted effect of the preferred stock would have been anti-dilutive for the three and nine months ended June 30, 2014. In addition, for the nine months ended June 30, 2014, there were 2.4 million weighted average shares of the unvested restricted stock and stock units and 1.3 million weighted-average shares of stock options that were excluded from the calculation of "diluted net loss per common share attributable to controlling interest" because the as-converted effect of the unvested restricted stock and stock units and stock options would have been anti-dilutive for the three and nine months ended June 30, 2014. Also excluded from the calculation were 3.0 million warrants because the exercise price of $13.13 per share was above the average stock price for the three and nine months ended June 30, 2014. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Commitments and Contingencies
|
9 Months Ended | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
||||||||||||||||||||||||||||||||||||
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 $12.8 at June 30, 2015. 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 HRG HRG is a nominal defendant, and members of its Board are named as defendants in a purported class and derivative action filed in March 2014 by Haverhill Retirement System in the Delaware Court of Chancery. Harbinger Capital Partners LLC and certain of its affiliated funds (“HCP”) and Leucadia National Corporation (“Leucadia”), each a stockholder of HRG, are also named as defendants in the complaint. The complaint alleges, among other things, that the defendants breached their fiduciary duties in connection with transactions involving Leucadia. The complaint seeks, among other things, an unspecified award of compensatory damages and costs and disbursements. While the Company believes the allegations are without merit, it may determine to resolve this matter if it believes a resolution is advantageous. HRG is a nominal defendant, and members of its Board are named as defendants in a derivative action filed in December 2010 by Alan R. Kahn in the Delaware Court of Chancery. HCP is also named as a defendant. The plaintiff alleges that HRG's acquisition of HCP shares of Spectrum Brands in exchange for shares of common stock of HRG from HRG was financially unfair to HRG and its public stockholders and seeks unspecified damages and the rescission of the transaction. While the Company believes the allegations are without merit, it may determine to settle this matter if it believes a settlement is advantageous. On June 26, 2015, the parties filed a Memorandum of Understanding with the court to document an agreement in principle for the settlement of the action. Under the terms of the Memorandum of Understanding, HCP and the Company’s insurer would pay a total of $3.8 into a settlement fund that will, net of distribution and notice costs and any fee award to plaintiff’s counsel, be distributed to stockholders of the Company other than stockholders affiliated with HCP, the then members of the Company’s board of directors and certain other persons. Under the Memorandum of Understanding, HRG is not required to contribute any payment to the settlement fund. A final settlement is conditional upon reasonable discovery by the plaintiff and court approval. As previously reported, on March 18, 2015, HRG prevailed in its lawsuit before the U.S. District Court for the Southern District of New York against OM Group (UK) Limited (“OMGUK”) for a $50.0 purchase price adjustment in connection with HRG’s acquisition of FGL’s subsidiaries on April 6, 2011 under a Stock Purchase Agreement (“SPA”). The court awarded the $50.0 purchase price adjustment plus pre- and post-judgment interest and attorneys’ fees because it determined, following a trial in October 2014, that the Maryland Insurance Administration did not approve a certain contemplated reinsurance transaction notwithstanding FGL’s best efforts to seek approval in good faith. As also previously reported, on May 27, 2014, the court granted OMGUK’s motion for summary judgment as to a counterclaim related to the financing of reserves referred to as the Commissioner's Annuity Reserve Method ("CARVM"). On March 18, 2015, the court determined damages for CARVM are $5.9 and awarded pre- and post-judgment interest and attorneys’ fees as to the counterclaim to OMGUK. In lieu of final judgment, on June 1, 2015, HRG, FGL, and OMGUK entered into a global settlement agreement and mutual releases of all claims and obligations arising out of the litigation and the SPA. Under the terms of the settlement agreement, and the Assignment and Assumption Agreement entered into on August 23, 2013 between HRG and FGL pursuant to which FGL assigned to HRG all rights under the litigation, on June 5, 2015, OMGUK paid HRG $61.6 fully resolving all claims in the litigation. HRG and its subsidiaries are also involved in other litigation and claims related to their current and prior businesses. These include claims and litigations involving HRG's and its subsidiaries current business practices and transactions and certain workers compensation, environmental matters, cases in state courts and in a Federal multi-district litigation alleging injury from exposure to asbestos on offshore drilling rigs and shipping vessels alleged to have been formerly owned or operated by HRG's 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 accrued approximately $4.5 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. Spectrum Brands does not believe that the resolution of any other matters or proceedings presently pending will have a material adverse effect on its results of operations, financial condition, liquidity or cash flows. 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 June 30, 2015, FGL has accrued $3.8 for guaranty fund assessments which is expected to be offset by estimated future premium tax deductions of $3.9. 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. Legislation requiring insurance companies to use the Death Master File to identify potential claims has been enacted in a number of 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 addition, FGL has received audit and examination notices from several state agencies responsible for escheatment and unclaimed property regulation in those states and in some cases has challenged the audits. FGL established a contingency of $1.8 based on its estimates related to the external legal costs and administrative costs of challenging said audits and examinations of which $1.7 has been paid through June 30, 2015. 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. 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. On July 5, 2013, a putative class action Complaint was filed in the Superior Court of California, County of Los Angeles (the "Court"), captioned Eddie L. Cressy v. Fidelity Guaranty Life Insurance Company, et al. Case No. BC-514340. The state court Complaint asserts, inter alia, that the Plaintiff and members of the putative class relied on Defendants' advice in purchasing unsuitable equity-indexed insurance policies. On April 4, 2014, the Plaintiff, FGL Insurance and the other two defendants signed a Settlement Agreement, pursuant to which FGL Insurance has agreed to pay a total of $5.3 to settle the claims of a nationwide class consisting, with certain exclusions, of all persons who own or owned an OM Financial/FGL Insurance indexed universal life insurance policy issued from January 1, 2007 through March 31, 2014, inclusive. As part of the settlement, FGL Insurance agreed to certification of the nationwide class for settlement purposes only. An Amended Settlement Agreement was filed with the Court on June 5, 2014. On January 2, 2015, the Court entered the Final Judgment in Cressy, certifying the class for settlement purposes, and approving the class settlement. The implementation shall commence on or about August 10, 2015. The parties will advise the Court when the settlement is complete. At June 30, 2015, FGL estimated the total cost for the settlement, legal fees and other costs related to this class action would be $8.6 and with a liability for the unpaid portion of the estimate of $2.7. FGL has incurred and paid $3.9 related to legal fees and other costs and $2.0 related to settlement costs as of June 30, 2015. Based on the information currently available, FGL does not expect the actual cost for settlement, legal fees and other related costs to differ materially from the amount accrued. FGL has been seeking indemnification from OMGUK under the First Amended and Restated Stock Purchase Agreement (the "F&G Stock Purchase Agreement") between FGL (formerly, Harbinger F&G, LLC) and OMGUK related to the settlement and the costs and fees in defending the Cressy litigation in both the federal and state courts. The settlement, legal fees and other costs related to this class action and the amount recoverable from OMGUK is presented net on the accompanying Condensed Consolidated Statements of Operations in the caption "Benefits and other changes in policy reserves." During the third quarter of 2015, FGL, the Company and OMGUK reached a global settlement which resolves all prior outstanding claims, including the Cressy litigation, which resulted in FGL receiving $3.6 of the OMGUK settlement noted above. On January 7, 2015, a putative class action complaint was filed in the United States District Court, Western District of Missouri, captioned Dale R. Ludwick, on behalf of Herself and All Others Similarly Situated v. Harbinger Group Inc., Fidelity & Guaranty Life Insurance Company, Raven Reinsurance Company, and Front Street Re (Cayman) Ltd. (“Ludwick”) and docked at 4:15-CV-00014-DGK. The complaint asserts claims of violation of the Racketeer Influenced and Corrupt Organizations Act ("RICO") requests injunctive and declaratory relief seeks unspecified compensatory damages for the putative class in an amount not presently determinable, treble damages, and other relief, and claims the plaintiff overpaid at least $0.2 for her annuity. FGL, HRG and the other defendants believe that they have meritorious defenses and intends to vigorously defend the litigation. On April 13, 2015, the defendants joined in the filing of a joint motion to dismiss the complaint. The motion has been fully briefed and is pending before the Court. As of June 30, 2015, FGL did not have sufficient information to determine that FGL is exposed to any losses that would be either probable or reasonably estimable beyond an expense contingency estimate of $0.9, which was accrued during the three months ended June 30, 2015. In light of the inherent uncertainties involved in the matters described above and uncertainties in litigation generally, there can be no assurance that the matters described above, or any other pending or future litigation, will not have a material adverse effect on FGL's business, financial condition, or results of operations in a quarterly period. Compass Various federal, state and local laws and regulations covering discharge of materials into the environment, or otherwise relating to the protection of the environment, may affect Compass’ operations and the costs of its oil and natural gas exploitation, development and production operations. Compass does not anticipate that it will be required in the foreseeable future to expend amounts material in relation to the financial statements taken as a whole by reason of environmental laws and regulations. Because these laws and regulations are constantly being changed, Compass is unable to predict the conditions and other factors over which Compass does not exercise control that may give rise to environmental liabilities affecting it. Salus On March 17, 2015, Salus, in its capacity as agent for certain secured lenders of RadioShack under a $250.0 term loan, filed an adversary complaint in the RadioShack bankruptcy cases pending in the United States Bankruptcy Court for the District of Delaware against certain other secured asset-based lenders (including Standard General L.P., its affiliates and certain hedge fund lenders) of RadioShack (the "ABL Lenders") under a $585.0 term and revolving loan facility. The adversary complaint seeks (i) a determination that the liens securing the term loan provided by Salus to RadioShack have priority over the ABL Lenders' liens with respect to the termed out portion of the ABL Lenders’ loans to RadioShack and (ii) disgorgement of payments received from RadioShack by the ABL Lenders in connection with the termed out loans. The ABL Lenders have moved to dismiss the adversary complaint, which motion remains pending. 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. See Note 8, Debt for details of the limited unconditional and irrevocable guarantee for the full and prompt payment when due of present and future payment obligations under the Compass Credit Agreement that was provided by HGI Funding by pledging certain of its assets as a collateral. The F&G Stock Purchase Agreement included a Guarantee and Pledge Agreement (the "Guarantee and Pledge Agreement") which created a security interest in the equity of FGH and FGH’s equity interest in FGL Insurance for the benefit of OMGUK in the event that FGL failed to perform certain obligations under the F&G Stock Purchase Agreement. During the three months ended June 30, 2015, and in connection with the settlement of the litigation amongst the Company, FGH and OMGUK, the Guarantee and Pledge Agreement was terminated and the Company was released from its obligations thereunder. Commitments FGL and Front street have unfunded investment commitments as of June 30, 2015 based upon the timing of when investments are executed compared to when the actual investments are funded, as some investments require that funding occur over a period of months or years. A summary of unfunded commitments by invested asset class are included below:
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 June 30, 2015, the notional amount of unfunded, legally binding lending commitments was approximately $168.1, of which $98.0 expires in 1 year or less, and the remainder expires between 1 and 5 years. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Related Party Transactions
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transactions [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transactions | Related Party Transactions In November 2012, the Company had entered a reciprocal services agreement (the “Services Agreement”) with HCP, a related party of the Company, with respect to the provision of services that 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. On December 1, 2014, in accordance with the Services Agreement, the Company gave HCP ninety days advance written notice of the termination of the Services Agreement effective as of March 1, 2015. The Company recognized $0.7 and $3.3 expenses for the three and nine months ended June 30, 2015, respectively, and $1.5 and $4.4 of expenses for the three and nine months ended June 30, 2014, respectively. In connection with Mr. Falcone’s resignation, on November 25, 2014, the Company and Mr. Falcone entered into a Separation and General Release Agreement (the “Separation Agreement”) pursuant to which Mr. Falcone was paid $20.5 as a one-time payment, $16.5, which constituted the unpaid portion of Mr. Falcone’s Fiscal 2014 annual bonus (in cash, rather than a combination of cash and equity) and $3.3, which constituted a pro-rata bonus for fiscal year 2015 (in cash, rather than a combination of cash and equity) for service through December 1, 2014 based on anticipated results. Mr. Falcone’s warrant was amended to provide for their continued vesting, in accordance with their prior vesting schedule, as if Mr. Falcone remained employed with the Company through each applicable vesting date. In exchange, Mr. Falcone executed a general release of claims in favor of the Company and agreed to various restrictive covenants, including covenants relating to non-competition, non-solicitation, non-disparagement, confidentiality, and further cooperation. The Separation Agreement further provides, among other things, that for a period of two years from the date of Mr. Falcone’s resignation, without the approval of a majority of the directors on the Board, Mr. Falcone may not, and may not cause his affiliates, to (i) enter into or seek to enter into a business combination involving the Company, (ii) seek representation or control of the Board or affairs of the Company, (iii) purchase or acquire additional securities of the Company, (iv) make certain proposals or solicit such proxies, or (v) have any discussions or enter into any arrangements with, or assist any other person in connection with any of the foregoing. On March 18, 2014, HRG entered into the Letter Agreement with Leucadia (the “Letter Agreement”). The Letter Agreement was entered into in connection with the consummation of the transactions contemplated by that certain Preferred Securities Purchase Agreement, dated March 18, 2014 (the “PSPA”), by and among Harbinger Capital Partners Master Fund I, Ltd., Global Opportunities Breakaway Ltd. and Harbinger Capital Partners Special Situations Fund, L.P. (together, the “HCP Stockholders”) and Leucadia, pursuant to which Leucadia acquired, following receipt of regulatory approval, 23 million shares of Common Stock, at a price of $11.00 per share of Common Stock, for an aggregate purchase price of $253.0 in cash. Pursuant to the Letter Agreement, Leucadia have designated two directors to HRG's board. The Letter Agreement further provides, among other things, that without the prior approval of a majority of the directors on HRG's board (other than the Leucadia designees), Leucadia and its affiliates will not acquire additional shares or voting rights of HRG that would increase Leucadia’s beneficial ownership above 27.5% of the voting power of HRG’s outstanding securities. The Letter Agreement also restricts Leucadia’s and its affiliates’ ability to make certain proposals or solicit such proxies and limits their ability to sell Leucadia’s investment in HRG to counterparties who hold, or after giving effect to a sale would hold, in excess of 4.9% of HRG’s voting stock (subject to certain exceptions). Leucadia also agreed to vote in favor of the slate of directors nominated by a majority of HRG’s board (other than the Leucadia designees). The terms of the Letter Agreement, including the provisions described above, last until March 18, 2016. In connection with the March 2014 transaction with Leucadia, under the terms of an existing registration rights agreement, the HCP Stockholders transferred a portion of their rights under the registration rights agreement with respect to the shares underlying Leucadia’s Preferred Stock and HRG entered into a Registration Rights Acknowledgment among it, the HCP Stockholders and Leucadia acknowledging such transfer. During the three and nine months ended June 30, 2015, Jefferies LLC ("Jefferies"), a wholly owned subsidiary of Leucadia, which through subsidiaries beneficially owns more than 10% of the Company’s outstanding shares of common stock, acted as (i) one of the initial purchasers for the Company's issuance of the April Secured Notes, May Secured Notes and May Unsecured Notes; (ii) one of the initial purchasers for Spectrum Brands' issuance of the 5.75% Notes; and (iii) one of the underwrites for Spectrum Brands' Equity Offering and one of the financing institutions that committed to provide to Spectrum Brands "back top" bridge facilities in aggregate amount of $1,500 in connection with the financing of the AAG Acquisition. The Company, through FGL invested in CLO securities issued by Fortress Credit Opportunities III CLO LP ("FCO III") and also invested in securities issued by Fortress Credit BSL Limited ("Fortress BSL"). The parent of both FCO III and Fortress BSL is Fortress Investment Group LLC ("Fortress"), which has acquired interests greater than 10% ownership in HRG as of June 30, 2015. The Company’s consolidated related party investments as of June 30, 2015 and September 30, 2014 are summarized as follows:
The Company's related net investment income for the three and nine months ended June 30, 2015 is summarized as follows:
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Segment Data
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Segment Data | 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 HRG’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) Asset Management. The following schedules present the Company’s segment information for the three and nine months ended June 30, 2015 and 2014.
(a) The Intersegment eliminations represent the reversal and reclassification of impairments recorded in our Insurance Segment, as well as normal intercompany transactions for the period. For the three and nine months ended June 30, 2015 the Insurance segment eliminations include the reversal of intercompany asset impairments of $16.2 and $58.6, respectively. For the nine months ended June 30, 2015, the Insurance segment eliminations also include a reclassification of $40.0 of impairments resulting from the RadioShack bankruptcy from Net investment losses to Bad debt expense and the reversal of impairments of $24.8 already reflected in the Asset Management segment.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Consolidating Financial Information
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Text Block [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Financial Information | Consolidating Financial Information The following schedules present the Company’s consolidating balance sheet information at June 30, 2015 and September 30, 2014, and consolidating statements of operations information for the nine months ended June 30, 2015 and 2014. These schedules present the individual segments of the Company and their contribution to the consolidated 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, and the results of FOH for the nine months ended June 30, 2015. 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. HRG Group, Inc. - Condensed Consolidating Balance Sheets Information
HRG Group, Inc. - Condensed Consolidating Statements of Operations Information
|
X | ||||||||||
- Definition
Consolidating Financial Information [Text Block] No definition available.
|
X | ||||||||||
- Details
|
Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements (Policies)
|
9 Months Ended |
---|---|
Jun. 30, 2015
|
|
Accounting Policies [Abstract] | |
Industry Specific Policies, Insurance Companies [Policy Text Block] | Insurance Subsidiary Financial Information and Regulatory Matters Fidelity & Guaranty Life Insurance Company's ("FGL Insurance") statutory carrying value of Raven Reinsurance Company ("Raven Re") reflects the effect of permitted practices Raven Re received to treat the available amount of a letter of credit as an admitted asset which increased Raven Re’s statutory capital and surplus by $232.5 and $251.3 at June 30, 2015 and September 30, 2014, respectively. Raven Re is also permitted to follow Iowa prescribed statutory accounting practice for its reserves on reinsurance assumed from FGL Insurance which increased Raven Re’s statutory capital and surplus by $8.1 and $18.8 at June 30, 2015 and September 30, 2014, respectively. Without such permitted statutory accounting practices Raven Re’s statutory capital and surplus would be negative $48.8 and negative $81.3 as of June 30, 2015 and September 30, 2014, respectively, and its risk-based capital would fall below the minimum regulatory requirements. The letter of credit facility is collateralized by debt securities rated by the National Association of Insurance Commissioners (“NAIC”) as "NAIC-1." If the permitted practice was revoked, the letter of credit could be replaced by the collateral assets with Nomura Bank International plc's consent. FGL Insurance's carrying value of Raven Re at June 30, 2015 and September 30, 2014 was $191.7 and $188.8, respectively. On November 1, 2013, FGL Insurance re-domesticated from Maryland to Iowa. After re-domestication, FGL Insurance elected to apply Iowa-prescribed accounting practices that permit Iowa-domiciled insurers to report equity call options used to economically hedge fixed indexed annuity ("FIA") index credits at amortized cost for statutory accounting purposes and to calculate FIA statutory reserves such that index credit returns will be included in the reserve only after crediting to the annuity contract. This resulted in an $19.7 increase to statutory capital and surplus at June 30, 2015. Also, the Iowa Insurance Division granted FGL Insurance a permitted statutory accounting practice to reclassify its negative unassigned surplus balance of $805.8 to additional paid-in capital as of April 6, 2011, the date the Company acquired FGL Insurance, which will have the effect of setting FGL Insurance’s statutory unassigned surplus to zero as of this date. The prescribed and permitted statutory accounting practice has no impact on the Company’s consolidated financial statements which are prepared in accordance with U.S. GAAP. |
New Accounting Pronouncements and Changes in Accounting Principles [Text Block] | Investments in Qualified Affordable Housing Projects In January 2014, the Financial Accounting Standards Board ("FASB") issued amended guidance which allows investors in Low Income Housing Tax Credit (“LIHTC”) programs that meet specified conditions to present the net tax benefits (net of the amortization of the cost of the investment) within income tax expense. The cost of the investments that meet the specified conditions will be amortized in proportion to (and over the same period as) the total expected tax benefits, including the tax credits and other tax benefits, as they are realized on the tax return. The guidance is required to be applied retrospectively, if investors elect the proportional amortization method. However, if investors have existing LIHTC investments accounted for under the effective-yield method at adoption, they may continue to apply that method for those existing investments. Accounting Standards Update ("ASU")ASU 2014-01, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Project. The Company early adopted this guidance effective October 1, 2014 for all new LIHTC investments made subsequent to that date. Prior LIHTC investments will continue to be accounted for under the effective-yield method. This adoption did not have a material effect on the Company’s consolidated financial position and results of operations. Share-Based Payments When a Performance Target is Achieved after the Requisite Service Period In June 2014, the Financial Accounting Standards Board issued new guidance on Stock Compensation (ASU 2014-12, Accounting for Share-Based Payments When the Term of an Award Provide that a Performance Target Could Be Achieved after the Requisite Service Period), effective for fiscal years beginning after December 15, 2015 and interim periods within those years. The new guidance requires that performance targets that affect vesting and that could be achieved after the requisite service period to be treated as performance conditions. Such performance targets would not be included in the grant-date fair value calculation of the award, rather compensation cost should be recorded when it is probable the performance target will be reached and should represent the compensation cost attributable to period(s) for which the requisite service has already been rendered. This standard may be early adopted and the amendments in this accounting standards update may be applied either prospectively or retrospectively. The Company will not early adopt this standard and is currently evaluating the impact of this new accounting guidance on its consolidated financial statements. Amendments to the Consolidation Analysis In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis. This ASU makes changes to the Variable Interest Entity ("VIE") model and voting interest ("VOE") model consolidation guidance. The main provisions of the ASU include the following: i) adding a requirement that limited partnerships and similar legal entities must provide partners with either substantive kick-out rights or substantive participating rights over the general partner to qualify as a VOE rather than a VIE; ii) eliminating the presumption that the general partner should consolidate a limited partnership; iii) eliminating certain conditions that need to be met when evaluating whether fees paid to a decision maker or service provider are considered a variable interest; iv) excluding certain fees paid to decision makers or service providers when evaluating which party is the primary beneficiary of a VIE; and v) revising how related parties are evaluated under the VIE guidance. Lastly, this ASU eliminates the indefinite deferral of FAS 167, which allowed reporting entities with interests in certain investment funds to follow previous guidance in FIN 46 (R). However, this ASU permanently exempts reporting entities from consolidating registered money market funds that operate in accordance with Rule 2a-7 of the Investment Company Act of 1940. This ASU is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Entities may apply this ASU either using a modified retrospective approach by recording a cumulative-effect adjustment to equity as of the beginning period of adoption or retrospectively to all prior periods presented in the financial statements. Early adoption is also permitted provided that this ASU is applied from the beginning of the fiscal year of adoption. The Company is currently evaluating the impact of this ASU on its financial statements. Debt Issuance Costs In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs. The accounting guidance requires that debt issuance costs related to a recognized debt liability be reported on the Consolidated Balance Sheets as a direct deduction from the carrying amount of that debt liability. The Company currently recognizes debt issuance costs as assets on the Condensed Consolidated Balance Sheets. ASU 2015-03 is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015 and early adoption is permitted. The Company is currently evaluating the provisions of ASU 2015-03 to determine the potential impact the new standard will have on the Company's Consolidated Financial Statements. Fees Paid in a Cloud Computing Arrangement In April 2015, the FASB issued ASU 2015-05, Customer's Accounting for Fees Paid in a Cloud Computing Arrangement. This ASU provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The new guidance does not change the accounting for a customer's accounting for service contracts. ASU 2015-05 is effective for interim and annual reporting periods beginning after December 15, 2015. The Company is currently evaluating the provisions of ASU 2015-05 to determine the potential impact the new standard will have on the Company's Consolidated Financial Statements. Investments That Calculate Net Asset Value per Share In May 2015, the FASB issued amended guidance (ASU 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)), effective for fiscal years beginning after December 15, 2015 and interim periods within those years. Current U.S. GAAP requires that investments for which fair value is measured at net asset value (or its equivalent) using the practical expedient in Topic 820 be categorized within the fair value hierarchy using criteria that differ from the criteria used to categorize other fair value measurements within the hierarchy. Currently, investments valued using the practical expedient are categorized within the fair value hierarchy on the basis of whether the investment is redeemable with the investee at net asset value on the measurement date, never redeemable with the investee at net asset value, or redeemable with the investee at net asset value at a future date. For investments that are redeemable with the investee at a future date, a reporting entity must take into account the length of time until those investments become redeemable to determine the classification within the fair value hierarchy. There is diversity in practice related to how certain investments measured at net asset value with redemption dates in the future (including periodic redemption dates) are categorized within the fair value hierarchy. Under the amendments in this ASU, investments for which fair value is measured at net asset value per share (or its equivalent) using the practical expedient should not be categorized in the fair value hierarchy. Removing those investments from the fair value hierarchy not only eliminates the diversity in practice resulting from the way in which investments measured at net asset value per share (or its equivalent) with future redemption dates are classified, but also ensures that all investments categorized in the fair value hierarchy are classified using a consistent approach. Investments that calculate net asset value per share (or its equivalent), but for which the practical expedient is not applied will continue to be included in the fair value hierarchy. Early adoption is permitted. The amendments in this ASU are required to be applied retrospectively to all prior periods presented in the financial statements. The Company will not adopt this standard early and is currently evaluating the impact of this new accounting guidance on its consolidated financial statements. Inventory (Topic 330), Simplifying the Measurement of Inventory In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330), Simplifying the Measurement of Inventory, which changes the measurement principle for inventory from the lower of cost or market to lower of cost and net realizable value. Net realizable value is defined as the “estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation.” ASU 2015-11 eliminates the guidance that entities consider replacement cost or net realizable value less an approximately normal profit margin in the subsequent measurement of inventory when cost is determined on a first-in, first-out or average cost basis. The provisions of ASU 2015-11 are effective for public entities with fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact of this new accounting guidance on its consolidated financial statements. |
Oil and natural gas properties | Oil and natural gas properties Ceiling Test Pursuant to Rule 4-10(c)(4) of Regulation S-X, Compass is required to compute its ceiling test using the simple average spot price for the trailing twelve month period for oil and natural gas at the end of each fiscal quarter. The ceiling test involves comparing the net book value of the full cost pool, after taxes, to the full cost ceiling limitation defined below. In the event the full cost ceiling limitation is less than the full cost pool, Compass is required to record a ceiling test impairment of its oil and natural gas properties. The full cost ceiling limitation is computed as the sum of the present value of estimated future net revenues from Compass' proved reserves by applying the average price as prescribed by the SEC Release No. 33-8995, less estimated future expenditures (based on current costs) to develop and produce the proved reserves, discounted at 10%, plus the cost of properties not being amortized and the lower of cost or estimated fair value of unproved properties included in the costs being amortized, net of income tax effects. The ceiling test is computed using the simple average spot price for the trailing 12 month period using the first day of each month. As of June 30, 2015, the trailing 12 month period month reference prices were $3.39 per Million British Thermal Units ("Mmbtu") for natural gas at Henry Hub ("HH"), and $71.68 per barrel ("Bbl") of oil for West Texas Intermediate at Cushing, Oklahoma. Each of the reference prices for oil and natural gas are further adjusted for quality factors and regional differentials to derive estimated future net revenues. The price used for natural gas liquids was $27.58 per Bbl and was based on the trailing 12 month period month average of realized prices. Under full cost accounting rules, any ceiling test impairments of oil and natural gas properties may not be reversed in subsequent periods. Since Compass does not designate its derivative financial instruments as hedging instruments, Compass is not allowed to use the impacts of the derivative financial instruments in the ceiling test computations. For the three months ended June 30, 2015, Compass recognized impairments to its proved oil and natural gas properties of $102.8 primarily due to a decline in oil and natural gas prices. During the nine months ended June 30, 2015, Compass recognized impairments of $439.4 to its proved oil and natural gas properties. The impairments for the nine months ended June 30, 2015 were due to the sharp decline in oil and natural gas prices as well as the acquisition by HGI Energy of EXCO's interest in Compass. As further discussed in Note 3, Acquisitions, HGI Energy's acquisition of EXCO's remaining interest in Compass triggered the remeasurement of the Company's initial basis in Compass at fair value which increased Compass' full cost pool. The purchase price for the acquisition was based on both the income and market approach models which incorporate, among other things, market prices based on the New York Mercantile Exchange ("NYMEX") futures as of the acquisition date, which the Company believes reflects an independent proxy point for determining fair value. The ceiling test, however, requires companies using the full cost accounting method to price period-ending proved reserves using the simple average spot price for the trailing 12 month period, which may not be indicative of actual market values. As a result, Compass' full cost pool exceeded its ceiling test limitation at December 31, 2014 resulting in an impairment. Compass did not recognize an impairment to its proved oil and natural gas properties for the three months ended June 30, 2014. Compass recognized an impairment of $81.0 for the nine months ended June 30, 2014 primarily due to differences in the oil and natural gas prices utilized in the purchase price allocation at the formation of Compass and the prices used in the ceiling test calculation. As a result of recent decline in oil and natural gas prices, Compass expects to incur additional impairments to its oil and natural gas properties in fiscal year 2015 if prices do not increase. The possibility and amount of any future impairment is difficult to predict, and will depend, in part, upon future oil and natural gas prices to be utilized in the ceiling test, estimates of proved reserves and future capital expenditures and operating costs. The ceiling test calculation and impairment evaluation are 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, natural gas and natural gas liquids that are ultimately recovered. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Acquisitions (Tables)
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition, Pro Forma Information [Table Text Block] |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compass Production Partners [Member]
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table presents a summary of the fair value of assets and liabilities on October 31, 2014, which was the date the Company acquired control of Compass through HGI Energy's acquisition of the additional interest from EXCO:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ability Re [Member]
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination Preliminary Allocation Of Purchase Price Disclosure Table [Table Text Block] | The following table summarizes the consideration paid by Front Street Cayman for Ability Re:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the preliminary amounts recognized at fair value for each major class of assets acquired and liabilities assumed as of October 31, 2014:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tell Manufacturing [Member]
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The preliminary fair values recorded for the assets acquired and liabilities assumed for Tell were as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
European IAMS and Eukanuba [Member]
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The preliminary fair values recorded for the assets acquired and liabilities assumed for European IAMS and Eukanuba were as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Salix Animal Health LLC [Member]
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The preliminary fair values recorded for the assets acquired and liabilities assumed for Salix were as follows:
|
X | ||||||||||
- Definition
Business Combination Preliminary Allocation Of Purchase Price Disclosure [Table Text Block] No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Investments (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Available-for-Sale Securities | The Company’s consolidated investments are summarized as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortized Cost and Fair Value of Fixed Maturity Available-for-Sale 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.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Portfolio of Asset-Backed Loans and Other Invested Assets | portfolio of asset-based loans receivable, included in “Asset-based loans” in the unaudited Condensed Consolidated Balance Sheets as of June 30, 2015 and September 30, 2014, consisted of the following:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Allowance for Credit Losses | The following table presents the activity in its allowance for credit losses for the three and nine months ended June 30, 2015 and 2014:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Credit Quality of Asset-Based Loan Portfolio |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Investment Income | The major sources of “Net investment income” on the accompanying unaudited Condensed Consolidated Statements of Operations were as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Investment Gains | “Net investment gains” reported on the accompanying unaudited Condensed Consolidated Statements of Operations were as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash Flows from Consolidated Investing Activities by Security | Cash flows from consolidated investing activities by security classification were as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Concentration Risk Disclosure [Text Block] | Concentrations of Investments As of June 30, 2015 and September 30, 2014, the Company’s most significant investment in one industry, excluding U.S. Government securities, was the Company’s investment securities in the banking industry with a fair value of $1,982.0 or 10.2% and $2,240.3, or 11.6%, of the Company's invested assets portfolio, respectively. The Company’s holdings in this industry includes investments in 78 different issuers with the top 10 investments accounting for 40.3% of the total holdings in this industry. As of June 30, 2015 and September 30, 2014, the Company had investments in 14 and 4 issuers that exceeded 10% of the Company's stockholders’ equity with a fair value of $1,513.5 and $768.5, or 7.8% and 4.0% of the invested assets portfolio, respectively. Additionally, the Company’s largest concentration in any single issuer as of June 30, 2015 and September 30, 2014, had a fair value of $175.1, or 0.9% and $250.0, or 1.3%, respectively, of the Company's invested assets portfolio. |
X | ||||||||||
- Definition
Schedule of amortized cost and fair value of fixed maturity available for sale securities and periodic payments from other securities. No definition available.
|
X | ||||||||||
- Definition
Schedule Of Asset Backed Loans Other Invested Assets [Table Text Block] No definition available.
|
X | ||||||||||
- Definition
Schedule of cash flows from consolidated investing activities by security. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Investments Mortgage Loans on Real Estate (Tables)
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mortgage Loans on Real Estate [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mortgage Loans on Real Estate, by Loan Disclosure [Text Block] | Mortgage Loans on Real Estate Included in Other invested assets on the unaudited Condensed Consolidated Balance Sheets were commercial mortgage loans ("CMLs") of $403.9 and $136.2, or approximately 2.1% and 0.7% of the Company's total investments as of June 30, 2015 and September 30, 2014, respectively. FGL Insurance primarily makes mortgage loans on income producing properties including hotels, industrial properties, retail buildings, multifamily properties and office buildings. FGL Insurance diversifies its CML portfolio by geographic region and property type to reduce concentration risk. Subsequent to origination, FGL Insurance continuously evaluates CMLs based on relevant current information to ensure properties are performing at a consistent and acceptable level to secure the related debt. The distribution of CMLs, gross of valuation allowances, by property type and geographic region is reflected in the following tables:
At June 30, 2015 and September 30, 2014, FGL Insurance had a CML portfolio with 100% of all CMLs having a loan-to-value ("LTV") ratio of less than 75%. As of June 30, 2015 all CMLs were current and have not experienced credit or other events which would require the recording of an impairment loss. FGL Insurance had not established a collective or specific CML valuation allowance as of June 30, 2015. LTV and debt service coverage (“DSC”) ratios are measures commonly used to assess the risk and quality of mortgage loans. The LTV ratio, calculated at time of origination, is expressed as a percentage of the amount of the loan relative to the value of the underlying property. A LTV ratio in excess of 100% indicates the unpaid loan amount exceeds the underlying collateral. The DSC ratio, based upon the most recently received financial statements, is expressed as a percentage of the amount of a property’s net income to its debt service payments. A DSC ratio of less than 1.0 indicates that a property’s operations do not generate sufficient income to cover debt payments. The following table presents the recorded investment in CMLs by LTV and DSC ratio categories and estimated fair value by the indicated loan-to-value ratios at June 30, 2015 and September 30, 2014:
(a) N/A - Current financial information not available. FGL Insurance recognizes a mortgage loan as delinquent when payments on the loan are greater than 30 days past due. At June 30, 2015, FGL Insurance had no CMLs that were delinquent in principal or interest payments. The following provides the current and past due composition of FGL Insurance's CMLs on real estate:
As of June 30, 2015, FGL Insurance's CML portfolio had no impairments, modifications or troubled debt restructuring. |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Derivative Financial Instruments (Tables)
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 unaudited Condensed Consolidated Balance Sheets were as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Gain (Loss) Recognized in Income on Derivatives | During the three and nine months ended June 30, 2015 and 2014, the Company recognized the following gains and losses on these derivatives:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Volumes and Fair Value of Oil and Natural Gas Derivative Financial Instruments | The following table presents Compass’ volumes and fair value of the oil derivative financial instrument as of June 30, 2015 (presented on a calendar-year basis):
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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:
|
X | ||||||||||
- Definition
Schedule of exposure to credit loss on derivative instrument. No definition available.
|
X | ||||||||||
- Definition
Schedule of the Volumes and Fair Value of Oil and Natural Gas Derivative Financial Instruments [Table Text Block] No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Fair Value of Financial Instruments (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Assets and Liabilities not Measured at Fair Value [Table Text Block] | The carrying amount, estimated fair value and the level of the fair value hierarchy of the Company’s financial instrument assets and liabilities which are not measured at fair value on the unaudited Condensed Consolidated Balance Sheets are summarized as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Assets and Liabilities Carrying at Fair Value on Recurring Basis | The Company’s consolidated assets and liabilities measured at fair value are summarized according to the hierarchy previously described as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Unobservable Inputs Used for Level Three Fair Value Measurements of Financial Instruments on Recurring Basis | Quantitative information regarding significant unobservable inputs used for recurring Level 3 fair value measurements of financial instruments carried at fair value as of June 30, 2015 and September 30, 2014 were as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Changes in Fair Value of Financial Instruments | 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 nine months ended June 30, 2015 and 2014. This summary excludes any impact of amortization of value of business acquired ("VOBA") and deferred acquisition costs ("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.
(a) The net transfers out of Level 3 for the three months ended June 30, 2014 were exclusively to Level 2.
(a) The net transfers out of Level 3 for the nine months ended June 30, 2014 were exclusively to Level 2. There was a $6.0 transfer to asset-backed securities from commercial mortgage-backed securities, the remaining transfers were from Level 3 to Level 2. |
X | ||||||||||
- Definition
Fair value assets and liabilities measured on recurring basis unobservable input reconciliation. No definition available.
|
X | ||||||||||
- Definition
Schedule of Financial Assets and Liabilities Not Measured at Fair Value [Table Text Block] No definition available.
|
X | ||||||||||
- Definition
Unobservable Data Used In Recurring Valuations Of Level Three [Table Text Block] No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Goodwill and Intangibles, including DAC and VOBA (Tables) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Finite-Lived Intangible Assets [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Indefinite-Lived Intangible Assets [Table Text Block] |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of intangibles | $ 99.6 | $ 40.7 | $ 149.6 | $ 121.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Definite Lived Intangible Assets | A summary of the changes in the carrying amounts of goodwill and intangible assets, including DAC and VOBA balances, are as follows:
Definite lived intangible assets are summarized as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Amortization Expense of Definite Lived Intangible Assets | Amortization expense for definite lived intangible assets was as follows:
Amortization expense for VOBA and DAC was as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods | stimated amortization expense for VOBA in future fiscal periods is as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
VOBA [Member]
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Finite-Lived Intangible Assets [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of intangibles | $ (23.6) | $ (10.8) | $ (37.6) | $ (34.9) |
X | ||||||||||
- Definition
Amortization expense. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Debt (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Debt | The Company’s consolidated debt consists of the following:
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Reinsurance (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 for the three and nine months ended June 30, 2015 and 2014 were as follows:
|
X | ||||||||||
- Definition
Schedule of effect of reinsurance on premiums earned and benefits incurred and reserve changes. No definition available.
|
X | ||||||||||
- Details
|
Stock Compensation (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value, Measurement Inputs, Disclosure [Text Block] | The fair values of restricted stock and restricted stock unit awards are determined based on the market price of FGL's common stock on the grant date. The fair value of stock options awarded by FGL during the nine months ended June 30, 2015 and 2014 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:
The following assumptions were used in the determination of the grant date fair values using the Black-Scholes option pricing model for the former Chief Executive Officer's modified stock options and based on the value of FGL's common stock:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block] | A summary of warrants outstanding as of June 30, 2015 and related activity during the nine months then ended, under HRG's incentive plan are as follows (share amounts in thousands):
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Stock Options Outstanding and Related Activity | A summary of stock options outstanding as of June 30, 2015 and related activity during the nine months then ended, under HRG, Fidelity & Guaranty Life Holdings, Inc. ("FGH"), and FGL’s respective incentive plans are as follows (option amounts in thousands):
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity | A summary of restricted stock, restricted stock units and performance restricted stock units outstanding as of June 30, 2015 and related activity during the nine months then ended, under HRG, Spectrum Brands, FGH and FGL’s respective incentive plans are as follows (share amounts in thousands):
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 for options awarded using the Black-Scholes option pricing model:
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Earnings Per Share (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Basic and Diluted EPS | The following table sets forth the computation of basic and diluted earnings per share ("EPS") (share amounts in thousands):
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Related Party Transactions Schedule of related party investments (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transaction [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transactions | Related Party Transactions In November 2012, the Company had entered a reciprocal services agreement (the “Services Agreement”) with HCP, a related party of the Company, with respect to the provision of services that 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. On December 1, 2014, in accordance with the Services Agreement, the Company gave HCP ninety days advance written notice of the termination of the Services Agreement effective as of March 1, 2015. The Company recognized $0.7 and $3.3 expenses for the three and nine months ended June 30, 2015, respectively, and $1.5 and $4.4 of expenses for the three and nine months ended June 30, 2014, respectively. In connection with Mr. Falcone’s resignation, on November 25, 2014, the Company and Mr. Falcone entered into a Separation and General Release Agreement (the “Separation Agreement”) pursuant to which Mr. Falcone was paid $20.5 as a one-time payment, $16.5, which constituted the unpaid portion of Mr. Falcone’s Fiscal 2014 annual bonus (in cash, rather than a combination of cash and equity) and $3.3, which constituted a pro-rata bonus for fiscal year 2015 (in cash, rather than a combination of cash and equity) for service through December 1, 2014 based on anticipated results. Mr. Falcone’s warrant was amended to provide for their continued vesting, in accordance with their prior vesting schedule, as if Mr. Falcone remained employed with the Company through each applicable vesting date. In exchange, Mr. Falcone executed a general release of claims in favor of the Company and agreed to various restrictive covenants, including covenants relating to non-competition, non-solicitation, non-disparagement, confidentiality, and further cooperation. The Separation Agreement further provides, among other things, that for a period of two years from the date of Mr. Falcone’s resignation, without the approval of a majority of the directors on the Board, Mr. Falcone may not, and may not cause his affiliates, to (i) enter into or seek to enter into a business combination involving the Company, (ii) seek representation or control of the Board or affairs of the Company, (iii) purchase or acquire additional securities of the Company, (iv) make certain proposals or solicit such proxies, or (v) have any discussions or enter into any arrangements with, or assist any other person in connection with any of the foregoing. On March 18, 2014, HRG entered into the Letter Agreement with Leucadia (the “Letter Agreement”). The Letter Agreement was entered into in connection with the consummation of the transactions contemplated by that certain Preferred Securities Purchase Agreement, dated March 18, 2014 (the “PSPA”), by and among Harbinger Capital Partners Master Fund I, Ltd., Global Opportunities Breakaway Ltd. and Harbinger Capital Partners Special Situations Fund, L.P. (together, the “HCP Stockholders”) and Leucadia, pursuant to which Leucadia acquired, following receipt of regulatory approval, 23 million shares of Common Stock, at a price of $11.00 per share of Common Stock, for an aggregate purchase price of $253.0 in cash. Pursuant to the Letter Agreement, Leucadia have designated two directors to HRG's board. The Letter Agreement further provides, among other things, that without the prior approval of a majority of the directors on HRG's board (other than the Leucadia designees), Leucadia and its affiliates will not acquire additional shares or voting rights of HRG that would increase Leucadia’s beneficial ownership above 27.5% of the voting power of HRG’s outstanding securities. The Letter Agreement also restricts Leucadia’s and its affiliates’ ability to make certain proposals or solicit such proxies and limits their ability to sell Leucadia’s investment in HRG to counterparties who hold, or after giving effect to a sale would hold, in excess of 4.9% of HRG’s voting stock (subject to certain exceptions). Leucadia also agreed to vote in favor of the slate of directors nominated by a majority of HRG’s board (other than the Leucadia designees). The terms of the Letter Agreement, including the provisions described above, last until March 18, 2016. In connection with the March 2014 transaction with Leucadia, under the terms of an existing registration rights agreement, the HCP Stockholders transferred a portion of their rights under the registration rights agreement with respect to the shares underlying Leucadia’s Preferred Stock and HRG entered into a Registration Rights Acknowledgment among it, the HCP Stockholders and Leucadia acknowledging such transfer. During the three and nine months ended June 30, 2015, Jefferies LLC ("Jefferies"), a wholly owned subsidiary of Leucadia, which through subsidiaries beneficially owns more than 10% of the Company’s outstanding shares of common stock, acted as (i) one of the initial purchasers for the Company's issuance of the April Secured Notes, May Secured Notes and May Unsecured Notes; (ii) one of the initial purchasers for Spectrum Brands' issuance of the 5.75% Notes; and (iii) one of the underwrites for Spectrum Brands' Equity Offering and one of the financing institutions that committed to provide to Spectrum Brands "back top" bridge facilities in aggregate amount of $1,500 in connection with the financing of the AAG Acquisition. The Company, through FGL invested in CLO securities issued by Fortress Credit Opportunities III CLO LP ("FCO III") and also invested in securities issued by Fortress Credit BSL Limited ("Fortress BSL"). The parent of both FCO III and Fortress BSL is Fortress Investment Group LLC ("Fortress"), which has acquired interests greater than 10% ownership in HRG as of June 30, 2015. The Company’s consolidated related party investments as of June 30, 2015 and September 30, 2014 are summarized as follows:
The Company's related net investment income for the three and nine months ended June 30, 2015 is summarized as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Related Party Transactions [Table Text Block] | ’s consolidated related party investments as of June 30, 2015 and September 30, 2014 are summarized as follows:
The Company's related net investment income for the three and nine months ended June 30, 2015 is summarized as follows:
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Segment Data (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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) Asset Management. The following schedules present the Company’s segment information for the three and nine months ended June 30, 2015 and 2014.
(a) The Intersegment eliminations represent the reversal and reclassification of impairments recorded in our Insurance Segment, as well as normal intercompany transactions for the period. For the three and nine months ended June 30, 2015 the Insurance segment eliminations include the reversal of intercompany asset impairments of $16.2 and $58.6, respectively. For the nine months ended June 30, 2015, the Insurance segment eliminations also include a reclassification of $40.0 of impairments resulting from the RadioShack bankruptcy from Net investment losses to Bad debt expense and the reversal of impairments of $24.8 already reflected in the Asset Management segment.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Consolidating Financial Information (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Text Block [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Balance Sheet Information | HRG Group, Inc. - Condensed Consolidating Balance Sheets Information
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Income Statement Information | HRG Group, Inc. - Condensed Consolidating Statements of Operations Information
|
X | ||||||||||
- Definition
Schedule of Balance Sheet Information Table [Table Text Block] No definition available.
|
X | ||||||||||
- Definition
Schedule Of Income Statement Information Table [Table Text Block] No definition available.
|
X | ||||||||||
- Details
|
Description of Business, Basis of Presentation and Recent Accounting Pronouncements - Additional Information (Detail) (USD $)
|
3 Months Ended | 9 Months Ended | 0 Months Ended | 6 Months Ended | 9 Months Ended | 9 Months Ended | 0 Months Ended | 3 Months Ended | 9 Months Ended | 0 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2015
Segment
|
Jun. 30, 2014
|
Sep. 30, 2014
|
Oct. 31, 2014
Compass Production Partners [Member]
|
Mar. 31, 2015
Compass Production Partners [Member]
|
Jun. 30, 2015
Compass Production Partners [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Six Point One Two Five Percentage Senior Notes [Member]
|
Mar. 31, 2015
Spectrum Brands [Member]
Six Point One Two Five Percentage Senior Notes [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Six Point One Two Five Percentage Senior Notes [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Six Point Seven Five Percentage Senior Notes [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Five Point Seven Five Percentage Senior Notes [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Five Point Seven Five Percentage Senior Notes [Member]
|
Jun. 30, 2015
FOH [Member]
|
Jun. 30, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
May 19, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
Apr. 14, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
Jun. 30, 2015
HGI [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
May 19, 2015
HGI [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
Sep. 30, 2014
HGI [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
Dec. 31, 2014
Tell Manufacturing [Member]
|
Oct. 01, 2014
Tell Manufacturing [Member]
|
Oct. 31, 2014
Compass Production Partners [Member]
|
Oct. 06, 2014
Compass Production Partners [Member]
|
Nov. 03, 2014
Ability Re [Member]
|
Dec. 31, 2014
European IAMS and Eukanuba [Member]
|
Jan. 16, 2015
Salix Animal Health LLC [Member]
|
Jun. 30, 2015
AAG Acquisition [Member]
|
May 21, 2015
AAG Acquisition [Member]
|
May 21, 2015
Spectrum Brands [Member]
|
Apr. 06, 2011
Fidelity And Guaranty Life Holdings [Member]
|
Jun. 30, 2015
Severance Cost, one time payments [Member]
|
Jun. 30, 2015
Severance Cost, Accrued Bonus [Member]
|
Jun. 30, 2015
Severance Cost, Future Bonus [Member]
|
Jun. 30, 2015
Euro Member Countries, Euro
Spectrum Brands [Member]
Euro Term Loan, Due December 19, 2021 [Member] [Member]
|
Apr. 28, 2015
Common Stock [Member]
Spectrum Brands [Member]
|
Jun. 30, 2015
OMGUK CARVM financing fee [Member]
|
|
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net | $ 30,300,000 | $ 148,300,000 | $ 931,400,000 | |||||||||||||||||||||||||||||||||||
Proceeds from Legal Settlements | 61,600,000 | |||||||||||||||||||||||||||||||||||||
Business Acquisition Fair Value Of Contingent Purchase Price Consideration Reduction | 50,000,000 | |||||||||||||||||||||||||||||||||||||
Legal Fees | 7,600,000 | |||||||||||||||||||||||||||||||||||||
Sales of Oil and Gas Prospects | 19,200,000 | |||||||||||||||||||||||||||||||||||||
Business Combination, Consideration Transferred | 118,800,000 | 118,800,000 | 19,200,000 | 931,400,000 | ||||||||||||||||||||||||||||||||||
Business Acquisition Percentage Of Equity Interests Acquired | 99.80% | 25.50% | 49.00% | |||||||||||||||||||||||||||||||||||
Severance Costs | 20,500,000 | 16,500,000 | 3,300,000 | |||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill | 12,500,000 | 40,500,000 | 58,500,000 | 429,000,000 | ||||||||||||||||||||||||||||||||||
Long-term debt, interest rate | 6.125% | 6.125% | 0.00% | 6.75% | 5.75% | 0.00% | 7.875% | 7.875% | 7.75% | 7.75% | 7.80% | |||||||||||||||||||||||||||
Proceeds from Issuance of Common Stock | 575,000,000 | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Effective Percentage | 104.50% | 104.50% | 98.51% | |||||||||||||||||||||||||||||||||||
Payments to Acquire Businesses, Gross | 17,900,000 | 1,400,000,000 | ||||||||||||||||||||||||||||||||||||
Deconsolidation, Gain (Loss), Amount | 38,500,000 | |||||||||||||||||||||||||||||||||||||
Impaired Financing Receivable, Recorded Investment | 16,300,000 | |||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest | 465,700,000 | |||||||||||||||||||||||||||||||||||||
Less: Preferred stock dividends and accretion | 49,300,000 | 73,600,000 | ||||||||||||||||||||||||||||||||||||
Long-term debt | 6,860,300,000 | 6,860,300,000 | 5,194,500,000 | 250,000,000 | 0 | 1,000,000,000 | 0 | 160,000,000 | 100,000,000 | 890,000,000 | 140,000,000 | 750,000,000 | 150,000,000 | |||||||||||||||||||||||||
Goodwill | 2,498,700,000 | 2,498,700,000 | 1,524,800,000 | 115,700,000 | 7,100,000 | 3,500,000 | 70,100,000 | 965,700,000 | ||||||||||||||||||||||||||||||
Asset-based loans | $ 490,000,000 | $ 490,000,000 | $ 811,600,000 | |||||||||||||||||||||||||||||||||||
Number of reporting segments | 4 | 4 |
X | ||||||||||
- Definition
Business acquisition fair value of contingent purchase price consideration reduction. No definition available.
|
X | ||||||||||
- Definition
Business acquisition percentage of equity interests acquired. No definition available.
|
X | ||||||||||
- Definition
Financing Receivable Held For Investment No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements (Details)
|
9 Months Ended |
---|---|
Jun. 30, 2015
|
|
Spectrum Brands [Member]
|
|
Reserve Quantities [Line Items] | |
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners | 42.50% |
FGL [Member]
|
|
Reserve Quantities [Line Items] | |
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners | 19.30% |
Natural Gas [Member]
|
|
Reserve Quantities [Line Items] | |
Average Sales Prices | 3.39 |
Oil [Member]
|
|
Reserve Quantities [Line Items] | |
Average Sales Prices | 71.68 |
Natural Gas Liquids [Member]
|
|
Reserve Quantities [Line Items] | |
Average Sales Prices | 27.58 |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Impairment of Proved Oil and Gas Properties No definition available.
|
X | ||||||||||
- Definition
Statutory Accounting Practices, Non-Permitted Practice, Change in Statutory Capital and Surplus No definition available.
|
X | ||||||||||
- Definition
Statutory Accounting Practices, Permitted Practice, Change in Statutory Capital and Surplus No definition available.
|
X | ||||||||||
- Definition
Statutory Accounting Practices, Statutory Capital and Surplus, Change in Permitted Practice to Non-Permitted, Balance No definition available.
|
X | ||||||||||
- Definition
Statutory Accounting Practices, Statutory Capital and Surplus, Increase (Decrease) as a Result of ReDomestication by Entity No definition available.
|
X | ||||||||||
- Definition
Statutory Accounting Practices, Statutory Capital and Surplus, Unassigned Balance Netted Against Additional Paid in Capital No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Acquisitions - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | 6 Months Ended | 0 Months Ended | 9 Months Ended | ||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Sep. 30, 2014
|
Jun. 30, 2015
Minimum [Member]
|
Jun. 30, 2015
Maximum [Member]
|
Jun. 30, 2015
Trade Names [Member]
Minimum [Member]
|
Jun. 30, 2015
Trade Names [Member]
Maximum [Member]
|
Jun. 30, 2015
Technology assets [Member]
Minimum [Member]
|
Jun. 30, 2015
Technology assets [Member]
Maximum [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
|
May 21, 2015
Customer Relationships [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
Minimum [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
Maximum [Member]
|
Jun. 30, 2015
AAG Acquisition [Member]
|
Jun. 30, 2014
AAG Acquisition [Member]
|
Jun. 30, 2015
AAG Acquisition [Member]
|
Jun. 30, 2014
AAG Acquisition [Member]
|
May 21, 2015
AAG Acquisition [Member]
|
Jun. 30, 2015
AAG Acquisition [Member]
Customer Relationships [Member]
|
May 21, 2015
AAG Acquisition [Member]
Customer Relationships [Member]
|
Jun. 30, 2015
AAG Acquisition [Member]
Customer Relationships [Member]
Minimum [Member]
|
Jun. 30, 2015
AAG Acquisition [Member]
Customer Relationships [Member]
Maximum [Member]
|
Oct. 31, 2014
Compass Production Partners [Member]
|
Oct. 31, 2014
Compass Production Partners [Member]
|
Oct. 06, 2014
Compass Production Partners [Member]
|
Nov. 03, 2014
Ability Re [Member]
|
Oct. 31, 2014
General Partner [Member]
|
Dec. 31, 2014
Tell Manufacturing [Member]
|
Oct. 01, 2014
Tell Manufacturing [Member]
|
Oct. 01, 2014
Tell Manufacturing [Member]
Trade Names [Member]
|
Oct. 01, 2014
Tell Manufacturing [Member]
Customer Relationships [Member]
|
Mar. 31, 2015
Tell Manufacturing [Member]
Customer Relationships [Member]
|
Oct. 01, 2014
Tell Manufacturing [Member]
Customer Relationships [Member]
|
Oct. 01, 2014
Tell Manufacturing [Member]
Customer Relationships [Member]
Minimum [Member]
|
Oct. 01, 2014
Tell Manufacturing [Member]
Customer Relationships [Member]
Maximum [Member]
|
Oct. 01, 2014
Cost Approach Valuation Technique [Member]
Tell Manufacturing [Member]
|
Oct. 01, 2014
Market Approach Valuation Technique [Member]
Tell Manufacturing [Member]
|
Jun. 30, 2015
Impairment, Trade Names [Member]
AAG Acquisition [Member]
|
|||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition, Pro Forma Net Income (Loss) | $ (37.0) | $ 146.4 | $ (392.7) | $ 81.1 | $ 4.4 | [1] | $ 4.9 | [1] | $ (7.4) | [1] | $ (3.0) | [1] | $ 7.0 | |||||||||||||||||||||||||||||||||
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain | 141.2 | |||||||||||||||||||||||||||||||||||||||||||||
Proved Developed and Undeveloped Oil and Natural Gas Properties, Period Increase (Decrease) | 145.4 | |||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net | 931.4 | 30.3 | ||||||||||||||||||||||||||||||||||||||||||||
Fair Value Inputs, Long-term Revenue Growth Rate | 2.00% | 12.10% | 2.50% | 7.10% | ||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets, Current | 56.1 | |||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Consideration Transferred | 931.4 | 19.2 | ||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition Percentage Of Equity Interests Acquired | 99.80% | 25.50% | 100.00% | |||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Unproved Oil and Natural Gas Properties | 26.3 | |||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Proved Developed and Undeveloped Oil and Natural Gas Properties | 767.5 | |||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable | 23.2 | |||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other | 1.0 | |||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Asset Retirement Obligations | 36.0 | |||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Property, Plant, and Equipment, Measurement Basis, Percentage of Total | 97.00% | 3.00% | ||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles | 0 | 4.0 | ||||||||||||||||||||||||||||||||||||||||||||
Retention Rate | 95.00% | 90.00% | ||||||||||||||||||||||||||||||||||||||||||||
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 35.00% | 38.00% | 38.00% | |||||||||||||||||||||||||||||||||||||||||||
Business Acquisition Contingent Consideration Key Assumptions Discount Rate | 9.50% | 20.00% | ||||||||||||||||||||||||||||||||||||||||||||
Acquired Finite-lived Intangible Asset, Residual Value | 8.5 | |||||||||||||||||||||||||||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 2 years | 20 years | 3 years | 13 years | 4 years | 17 years | 2 years | 20 years | 15 years | 13 years | ||||||||||||||||||||||||||||||||||||
Goodwill | 2,498.7 | 2,498.7 | 1,524.8 | 965.7 | 115.7 | 7.1 | ||||||||||||||||||||||||||||||||||||||||
Payments to Acquire Businesses, Gross | $ 1,400.0 | $ 17.9 | ||||||||||||||||||||||||||||||||||||||||||||
|
X | ||||||||||
- Definition
Business acquisition contingent consideration, key assumptions, discount rate. No definition available.
|
X | ||||||||||
- Definition
Business acquisition percentage of equity interests acquired. No definition available.
|
X | ||||||||||
- Definition
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Property, Plant, and Equipment, Measurement Basis, Percentage of Total No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Asset Retirement Obligations No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Proved Developed and Undeveloped Oil and Natural Gas Properties No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Unproved Oil and Natural Gas Properties No definition available.
|
X | ||||||||||
- Definition
Proved Developed and Undeveloped Oil and Natural Gas Properties, Period Increase (Decrease) No definition available.
|
X | ||||||||||
- Definition
Retention rate. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Acquisitions - Company's Pro Forma Results (Detail) (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Basic net income per common share attributable to controlling interest: | ||||
Diluted (in dollars per share) | $ (0.38) | $ 0.28 | $ (2.09) | $ (0.52) |
Basic (in dollars per share) | $ (0.38) | $ 0.28 | $ (2.09) | $ (0.52) |
Revenues | $ 1,553.5 | $ 1,599.4 | $ 4,363.4 | $ 4,450.6 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Asset Retirement Obligations No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Gathering Assets No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Proved Developed and Undeveloped Oil and Natural Gas Properties No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Revenues and Royalties Payable No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Unproved Oil and Natural Gas Properties No definition available.
|
X | ||||||||||
- Definition
Proved Developed and Undeveloped Oil and Natural Gas Properties, Period Increase (Decrease) No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Acquisitions Acquisition - Tell Manufacturing (Details) (USD $)
In Millions, unless otherwise specified |
Jun. 30, 2015
|
Sep. 30, 2014
|
Dec. 31, 2014
Tell Manufacturing [Member]
|
Oct. 01, 2014
Tell Manufacturing [Member]
|
---|---|---|---|---|
Business Acquisition [Line Items] | ||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents | $ 1.1 | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables | 5.4 | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory | 7.2 | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets | 0.6 | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment | 1.5 | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill | 12.5 | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets | 28.3 | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities | 5.1 | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net Assets Less Goodwill | 23.2 | |||
Goodwill | 2,498.7 | 1,524.8 | 115.7 | 7.1 |
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net | $ 30.3 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Acquisitions Acquisition - Ability Re (Details) (USD $)
In Millions, unless otherwise specified |
0 Months Ended | 6 Months Ended | |
---|---|---|---|
Nov. 03, 2014
Ability Re [Member]
|
Oct. 31, 2014
Ability Re [Member]
|
Mar. 31, 2015
Shaser [Member]
|
|
Business Acquisition [Line Items] | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities | $ 0.1 | ||
Payments to Acquire Businesses, Gross | 17.9 | (1.5) | |
Business Combination, Consideration Transferred, Other | 2.8 | ||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents | 8.4 | ||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Funds Withheld | 359.5 | ||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets | 368.0 | ||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Insurance Reserves | 346.9 | ||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other | 1.9 | ||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities | 348.8 | ||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net Assets Less Goodwill | 19.2 | ||
Business Combination, Consideration Transferred | $ 19.2 |
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Funds Withheld No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Insurance Reserves No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Acquisitions Acquisition - European IAMS and Eukanuba (Details) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | 0 Months Ended | 9 Months Ended | 0 Months Ended | 9 Months Ended | 9 Months Ended | 0 Months Ended | 3 Months Ended | 9 Months Ended | 0 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | 0 Months Ended | 3 Months Ended | 6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Sep. 30, 2014
|
Jan. 16, 2015
Salix Animal Health LLC [Member]
|
Jun. 30, 2015
Salix Animal Health LLC [Member]
|
Jan. 16, 2015
Salix Animal Health LLC [Member]
|
Dec. 31, 2014
European IAMS and Eukanuba [Member]
|
Jun. 30, 2015
European IAMS and Eukanuba [Member]
|
Dec. 31, 2014
European IAMS and Eukanuba [Member]
|
Jan. 16, 2015
Trade Names [Member]
Salix Animal Health LLC [Member]
|
Dec. 31, 2014
Trade Names [Member]
European IAMS and Eukanuba [Member]
|
Jun. 30, 2015
Minimum [Member]
|
Jun. 30, 2015
Maximum [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
|
May 21, 2015
Customer Relationships [Member]
|
Jan. 16, 2015
Customer Relationships [Member]
Salix Animal Health LLC [Member]
|
Jan. 16, 2015
Customer Relationships [Member]
Salix Animal Health LLC [Member]
|
Dec. 31, 2014
Customer Relationships [Member]
European IAMS and Eukanuba [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
Minimum [Member]
|
Jan. 16, 2015
Customer Relationships [Member]
Minimum [Member]
Salix Animal Health LLC [Member]
|
Dec. 31, 2014
Customer Relationships [Member]
Minimum [Member]
European IAMS and Eukanuba [Member]
|
Dec. 31, 2014
Customer Relationships [Member]
Minimum [Member]
European IAMS and Eukanuba [Member]
|
Mar. 31, 2015
Customer Relationships [Member]
Minimum [Member]
European IAMS and Eukanuba [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
Maximum [Member]
|
Jan. 16, 2015
Customer Relationships [Member]
Maximum [Member]
Salix Animal Health LLC [Member]
|
Dec. 31, 2014
Customer Relationships [Member]
Maximum [Member]
European IAMS and Eukanuba [Member]
|
Dec. 31, 2014
Customer Relationships [Member]
Maximum [Member]
European IAMS and Eukanuba [Member]
|
Mar. 31, 2015
Customer Relationships [Member]
Maximum [Member]
European IAMS and Eukanuba [Member]
|
Jan. 16, 2015
Cost Approach Valuation Technique [Member]
Salix Animal Health LLC [Member]
|
Jan. 16, 2015
Market Approach Valuation Technique [Member]
Salix Animal Health LLC [Member]
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents | $ 0.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables | 9.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The preliminary fair values recorded for the assets acquired and liabilities assumed for Salix were as follows:
|
The preliminary fair values recorded for the assets acquired and liabilities assumed for European IAMS and Eukanuba were as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Technology Assets Acquired, Useful Life | 17 years | 8 years | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 2 years | 20 years | 13 years | 2 years | 2 years | 20 years | 15 years | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Acquired Technology Assets | 2.1 | 3.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles | 20.0 | 26.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Inputs, Long-term Revenue Growth Rate | 0.00% | 0.50% | 12.10% | 13.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Retention Rate | 95.00% | 92.50% | 90.00% | 100.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 35.00% | 38.00% | 38.00% | 25.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition Contingent Consideration Key Assumptions Discount Rate | 9.50% | 12.00% | 15.00% | 13.00% | 16.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Acquired Finite-lived Intangible Asset, Residual Value | 1.0 | 34.0 | 10.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory | 17.0 | 15.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets | 2.4 | 1.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets, Current | 2.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment | 1.2 | 58.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill | 58.5 | 40.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets | 89.5 | 117.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities | 11.3 | 5.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net Assets Less Goodwill | 78.2 | 112.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Goodwill | 2,498.7 | 1,524.8 | 70.1 | 3.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net | $ 148.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Property, Plant, and Equipment, Measurement Basis, Percentage of Total | 98.00% | 2.00% |
X | ||||||||||
- Definition
Acquired Technology Assets No definition available.
|
X | ||||||||||
- Definition
Business acquisition contingent consideration, key assumptions, discount rate. No definition available.
|
X | ||||||||||
- Definition
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Property, Plant, and Equipment, Measurement Basis, Percentage of Total No definition available.
|
X | ||||||||||
- Definition
Retention rate. No definition available.
|
X | ||||||||||
- Definition
Technology Assets Acquired, Useful Life No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Acquisitions Acquisition - Salix (Details) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | 9 Months Ended | 0 Months Ended | 3 Months Ended | 0 Months Ended | 9 Months Ended | 0 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | 0 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jan. 16, 2015
Salix Animal Health LLC [Member]
|
Dec. 31, 2014
European IAMS and Eukanuba [Member]
|
Jan. 16, 2015
Trade Names [Member]
Salix Animal Health LLC [Member]
|
Dec. 31, 2014
Trade Names [Member]
European IAMS and Eukanuba [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
|
May 21, 2015
Customer Relationships [Member]
|
Jan. 16, 2015
Customer Relationships [Member]
Salix Animal Health LLC [Member]
|
Jan. 16, 2015
Customer Relationships [Member]
Salix Animal Health LLC [Member]
|
Dec. 31, 2014
Customer Relationships [Member]
European IAMS and Eukanuba [Member]
|
Jan. 16, 2015
Trade Names [Member]
Salix Animal Health LLC [Member]
|
Jan. 16, 2015
Non-Compete Agreement [Member]
Salix Animal Health LLC [Member]
|
Jan. 16, 2015
Non-Compete Agreement [Member]
Salix Animal Health LLC [Member]
|
Jun. 30, 2015
Minimum [Member]
|
Jun. 30, 2015
Minimum [Member]
Customer Relationships [Member]
|
Jan. 16, 2015
Minimum [Member]
Customer Relationships [Member]
Salix Animal Health LLC [Member]
|
Dec. 31, 2014
Minimum [Member]
Customer Relationships [Member]
European IAMS and Eukanuba [Member]
|
Dec. 31, 2014
Minimum [Member]
Customer Relationships [Member]
European IAMS and Eukanuba [Member]
|
Mar. 31, 2015
Minimum [Member]
Customer Relationships [Member]
European IAMS and Eukanuba [Member]
|
Jun. 30, 2015
Minimum [Member]
Trade Names [Member]
|
Jun. 30, 2015
Maximum [Member]
|
Jun. 30, 2015
Maximum [Member]
Customer Relationships [Member]
|
Jan. 16, 2015
Maximum [Member]
Customer Relationships [Member]
Salix Animal Health LLC [Member]
|
Dec. 31, 2014
Maximum [Member]
Customer Relationships [Member]
European IAMS and Eukanuba [Member]
|
Dec. 31, 2014
Maximum [Member]
Customer Relationships [Member]
European IAMS and Eukanuba [Member]
|
Mar. 31, 2015
Maximum [Member]
Customer Relationships [Member]
European IAMS and Eukanuba [Member]
|
Jun. 30, 2015
Maximum [Member]
Trade Names [Member]
|
|
Business Acquisition [Line Items] | |||||||||||||||||||||||||||
Acquired Technology Assets | $ 2.1 | $ 3.6 | |||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles | 20.0 | 26.7 | |||||||||||||||||||||||||
Acquired Finite-lived Intangible Asset, Residual Value | $ 1.0 | $ 34.0 | $ 10.2 | $ 1.4 | |||||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 13 years | 13 years | 3 years | 2 years | 2 years | 2 years | 3 years | 20 years | 20 years | 15 years | 13 years | ||||||||||||||||
Fair Value Inputs, Long-term Revenue Growth Rate | 0.00% | 0.50% | 12.10% | 13.20% | |||||||||||||||||||||||
Retention Rate | 95.00% | 92.50% | 90.00% | 100.00% | |||||||||||||||||||||||
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 35.00% | 38.00% | 38.00% | 25.00% | |||||||||||||||||||||||
Business Acquisition Contingent Consideration Key Assumptions Discount Rate | 9.50% | 12.00% | 15.00% | 13.00% | 16.00% |
X | ||||||||||
- Definition
Acquired Technology Assets No definition available.
|
X | ||||||||||
- Definition
Business acquisition contingent consideration, key assumptions, discount rate. No definition available.
|
X | ||||||||||
- Definition
Retention rate. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Acquisitions Acquisition - AAG (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Sep. 30, 2014
|
Jun. 30, 2015
AAG Acquisition [Member]
|
Jun. 30, 2014
AAG Acquisition [Member]
|
Jun. 30, 2015
AAG Acquisition [Member]
|
Jun. 30, 2014
AAG Acquisition [Member]
|
May 21, 2015
AAG Acquisition [Member]
|
May 21, 2015
Trade Names [Member]
AAG Acquisition [Member]
|
May 21, 2015
Licensing Agreements [Member]
AAG Acquisition [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
|
May 21, 2015
Customer Relationships [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
AAG Acquisition [Member]
|
May 21, 2015
Customer Relationships [Member]
AAG Acquisition [Member]
|
May 21, 2015
Technology-Based Intangible Assets [Member]
AAG Acquisition [Member]
|
Jun. 30, 2015
Minimum [Member]
|
Jun. 30, 2015
Minimum [Member]
Licensing Agreements [Member]
AAG Acquisition [Member]
|
Jun. 30, 2015
Minimum [Member]
Customer Relationships [Member]
|
Jun. 30, 2015
Minimum [Member]
Customer Relationships [Member]
AAG Acquisition [Member]
|
Jun. 30, 2015
Minimum [Member]
Technology-Based Intangible Assets [Member]
AAG Acquisition [Member]
|
Jun. 30, 2015
Maximum [Member]
|
Jun. 30, 2015
Maximum [Member]
Licensing Agreements [Member]
AAG Acquisition [Member]
|
Jun. 30, 2015
Maximum [Member]
Customer Relationships [Member]
|
Jun. 30, 2015
Maximum [Member]
Customer Relationships [Member]
AAG Acquisition [Member]
|
Jun. 30, 2015
Maximum [Member]
Technology-Based Intangible Assets [Member]
AAG Acquisition [Member]
|
Jun. 30, 2015
Interest Expense [Member]
AAG Acquisition [Member]
|
Jun. 30, 2015
Acquisition-related Costs [Member]
AAG Acquisition [Member]
|
Jun. 30, 2015
Impairment, Trade Names [Member]
AAG Acquisition [Member]
|
|||||||
Business Acquisition [Line Items] | ||||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles | $ 299.0 | $ 0 | $ 0 | $ 45.0 | ||||||||||||||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 15 years | 2 years | 8 years | 2 years | 8 years | 20 years | 10 years | 20 years | 10 years | |||||||||||||||||||||||||||
Payments to Acquire Businesses, Gross | 1,400.0 | |||||||||||||||||||||||||||||||||||
Business Combination, Consideration Transferred, Other | 71.4 | |||||||||||||||||||||||||||||||||||
Sales Revenue, Goods, Net | 1,249.7 | 1,133.2 | 3,425.0 | 3,255.5 | ||||||||||||||||||||||||||||||||
Business Acquisition, Pro Forma Revenue | 1,337.8 | 1,290.3 | 3,700.9 | 3,563.3 | 88.1 | 157.1 | 275.9 | 307.8 | ||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents | 30.9 | |||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables | 156.1 | |||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory | 84.5 | |||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment | 42.2 | |||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill | 429.0 | |||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets | 26.0 | |||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets | 768.7 | |||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities | 803.0 | |||||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net | (34.3) | |||||||||||||||||||||||||||||||||||
Goodwill | 2,498.7 | 2,498.7 | 1,524.8 | 965.7 | ||||||||||||||||||||||||||||||||
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net | 931.4 | |||||||||||||||||||||||||||||||||||
Net (loss) income | (41.4) | 141.5 | (385.3) | 84.1 | ||||||||||||||||||||||||||||||||
Business Acquisition, Pro Forma Net Income (Loss) | (37.0) | 146.4 | (392.7) | 81.1 | 4.4 | [1] | 4.9 | [1] | (7.4) | [1] | (3.0) | [1] | 35.7 | 25.2 | 7.0 | |||||||||||||||||||||
Business Combination, Consideration Transferred, Liabilities Incurred | (540.0) | |||||||||||||||||||||||||||||||||||
Business Combination, Consideration Transferred | $ 931.4 | |||||||||||||||||||||||||||||||||||
Fair Value Inputs, Long-term Revenue Growth Rate | 2.00% | 12.10% | ||||||||||||||||||||||||||||||||||
Retention Rate | 95.00% | |||||||||||||||||||||||||||||||||||
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 35.00% | 38.00% | ||||||||||||||||||||||||||||||||||
Business Acquisition Contingent Consideration Key Assumptions Discount Rate | 9.50% | |||||||||||||||||||||||||||||||||||
|
X | ||||||||||
- Definition
Business acquisition contingent consideration, key assumptions, discount rate. No definition available.
|
X | ||||||||||
- Definition
Retention rate. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Investments - Available-for-Sale Securities (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Mar. 31, 2015
|
Sep. 30, 2014
|
Mar. 31, 2014
|
Sep. 30, 2013
|
|||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Document Period End Date | Jun. 30, 2015 | |||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | $ 1,148.1 | $ 930.6 | $ 1,148.1 | $ 930.6 | $ 1,222.9 | $ 1,066.0 | $ 755.6 | $ 523.5 | ||||||||||||
Total Gains (Losses) Included in Earnings | (13.8) | 1.5 | (4.9) | 2.1 | ||||||||||||||||
Total investments, Carrying Value | 19,497.9 | 19,497.9 | 19,252.5 | |||||||||||||||||
Available-for-sale Debt Securities, Amortized Cost Basis | 17,388.5 | 17,388.5 | ||||||||||||||||||
Total investments, Cost or Amortized Cost | 19,112.6 | 19,112.6 | 18,409.8 | |||||||||||||||||
Investments, Unrealized Losses | (321.4) | (321.4) | (158.4) | |||||||||||||||||
Investments, Unrealized Gains | 706.7 | 706.7 | 1,001.1 | |||||||||||||||||
Total investment, Estimated Fair Value | 19,497.9 | 19,497.9 | 19,252.5 | |||||||||||||||||
Total Gains (Losses) Included in AOCI | (24.1) | 15.9 | 4.3 | 20.5 | ||||||||||||||||
Purchases | 191.0 | 186.8 | 425.3 | |||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales | 1.6 | 1.0 | 1.6 | 1.0 | ||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | 53.4 | 13.5 | 87.1 | 15.9 | ||||||||||||||||
Net transfer In (Out) of Level 3 (a) | 18.1 | [1] | (18.9) | [2] | (15.4) | [3] | (23.9) | [4] | ||||||||||||
Asset-backed Securities [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 33.1 | 5.9 | 33.1 | 5.9 | 34.3 | 37.0 | 10.7 | 5.0 | ||||||||||||
Total Gains (Losses) Included in Earnings | 0 | 0.1 | ||||||||||||||||||
Total Gains (Losses) Included in AOCI | (0.1) | (0.1) | (0.3) | |||||||||||||||||
Purchases | 0 | 6.7 | 5.0 | |||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | 0.1 | 0.2 | ||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | (1.0) | [3] | (4.8) | [2] | (10.4) | [3] | (3.8) | [4] | ||||||||||||
Commercial Mortgage Backed Securities [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 140.1 | 83.9 | 140.1 | 83.9 | 142.5 | 83.1 | 5.7 | |||||||||||||
Total Gains (Losses) Included in AOCI | (1.9) | 0.1 | 0.4 | 0.4 | ||||||||||||||||
Purchases | 83.8 | 57.7 | 83.8 | |||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | 0.5 | 1.1 | ||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | (6.0) | [4] | ||||||||||||||||||
Corporate Debt Securities [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 916.9 | 745.2 | 916.9 | 745.2 | 941.1 | 850.0 | 657.0 | 461.1 | ||||||||||||
Total Gains (Losses) Included in Earnings | 0 | 2.3 | ||||||||||||||||||
Total Gains (Losses) Included in AOCI | (20.0) | 14.4 | 3.3 | 18.4 | ||||||||||||||||
Purchases | 0 | 88.9 | 122.4 | 283.2 | ||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales | 1.6 | 1.0 | 1.6 | 1.0 | ||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | 2.6 | 35.4 | 2.4 | |||||||||||||||||
Net transfer In (Out) of Level 3 (a) | (14.1) | [2] | (24.1) | [3] | (14.1) | [4] | ||||||||||||||
Municipals [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 37.5 | 36.5 | 37.5 | 36.5 | 39.8 | 37.2 | 35.6 | |||||||||||||
Total Gains (Losses) Included in Earnings | 0 | 0 | ||||||||||||||||||
Total Gains (Losses) Included in AOCI | (2.1) | 0.9 | 0.7 | 1.5 | ||||||||||||||||
Purchases | 0 | 0 | 35.0 | |||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales | 0 | 0 | ||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | 0.2 | 0.4 | ||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | 0 | [1] | 0 | [3] | ||||||||||||||||
Non Agency Residential Mortgage Backed Securities [Member]
|
||||||||||||||||||||
Schedule of Investments [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 | ||||||||||||||||||
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) | ||||||||||||||||||
Other Marketable Securities, Current | 15,964.0 | 15,964.0 | 15,009.3 | |||||||||||||||||
Equity Securities [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 6.0 | 0 | 6.0 | 0 | 6.0 | 6.0 | 10.8 | 10.7 | ||||||||||||
Total Gains (Losses) Included in Earnings | 1.2 | 1.3 | ||||||||||||||||||
Available-for-sale Equity Securities, Accumulated Gross Unrealized Gain, before Tax | 46.1 | 46.1 | 31.2 | |||||||||||||||||
Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax | (4.4) | (4.4) | (50.0) | |||||||||||||||||
Available-for-sale Securities, Equity Securities | 621.5 | 621.5 | 768.1 | |||||||||||||||||
Total investments, Carrying Value | 621.5 | 621.5 | 768.1 | |||||||||||||||||
Available-for-sale Equity Securities, Amortized Cost Basis | 579.8 | 579.8 | 786.9 | |||||||||||||||||
Total Gains (Losses) Included in AOCI | 0 | 0 | 0 | 0 | ||||||||||||||||
Purchases | 0 | 1.5 | 0 | 1.5 | ||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales | 0 | 0 | 0 | 0 | ||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | 0 | 13.5 | 0 | 13.5 | ||||||||||||||||
Net transfer In (Out) of Level 3 (a) | 0 | [1] | 0 | [2] | 0 | [3] | 0 | [4] | ||||||||||||
Equity Securities [Member] | Equity Securities Available For Sale [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Available-for-sale Equity Securities, Accumulated Gross Unrealized Gain, before Tax | 22.9 | 22.9 | 23.0 | |||||||||||||||||
Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax | (4.4) | (4.4) | (5.1) | |||||||||||||||||
Available-for-sale Securities, Equity Securities | 579.6 | 579.6 | 663.6 | |||||||||||||||||
Total investments, Carrying Value | 579.6 | 579.6 | 663.6 | |||||||||||||||||
Available-for-sale Equity Securities, Amortized Cost Basis | 561.1 | 561.1 | 645.7 | |||||||||||||||||
Equity Securities [Member] | Held for trading [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Available-for-sale Equity Securities, Accumulated Gross Unrealized Gain, before Tax | 23.2 | 23.2 | 8.2 | |||||||||||||||||
Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax | (44.9) | |||||||||||||||||||
Available-for-sale Securities, Equity Securities | 41.9 | 41.9 | 104.5 | |||||||||||||||||
Total investments, Carrying Value | 41.9 | 41.9 | 104.5 | |||||||||||||||||
Available-for-sale Equity Securities, Amortized Cost Basis | 18.7 | 18.7 | 141.2 | |||||||||||||||||
Fixed-maturity securities, available-for-sale [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 613.6 | 613.6 | 846.5 | |||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax | (278.5) | (278.5) | (103.7) | |||||||||||||||||
Available-for-sale Securities, Debt Securities | 17,723.6 | 17,723.6 | 17,211.5 | |||||||||||||||||
Total investments, Carrying Value | 17,723.6 | 17,723.6 | 17,211.5 | |||||||||||||||||
Available-for-sale Debt Securities, Amortized Cost Basis | 17,388.5 | 17,388.5 | 16,468.7 | |||||||||||||||||
Fixed-maturity securities, available-for-sale [Member] | Asset-backed Securities [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 4.9 | 4.9 | 10.9 | |||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax | (24.1) | (24.1) | (18.8) | |||||||||||||||||
Available-for-sale Securities, Debt Securities | 1,887.5 | 1,887.5 | 1,792.9 | |||||||||||||||||
Total investments, Carrying Value | 1,887.5 | 1,887.5 | 1,792.9 | |||||||||||||||||
Available-for-sale Debt Securities, Amortized Cost Basis | 1,906.7 | 1,906.7 | 1,800.8 | |||||||||||||||||
Fixed-maturity securities, available-for-sale [Member] | Commercial Mortgage Backed Securities [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 14.4 | 14.4 | 21.3 | |||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax | (7.0) | (7.0) | (2.0) | |||||||||||||||||
Available-for-sale Securities, Debt Securities | 821.6 | 821.6 | 636.9 | |||||||||||||||||
Total investments, Carrying Value | 821.6 | 821.6 | 636.9 | |||||||||||||||||
Available-for-sale Debt Securities, Amortized Cost Basis | 814.2 | 814.2 | 617.6 | |||||||||||||||||
Fixed-maturity securities, available-for-sale [Member] | Corporate Debt Securities [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 346.2 | 346.2 | 499.2 | |||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax | (173.6) | (173.6) | (48.9) | |||||||||||||||||
Available-for-sale Securities, Debt Securities | 9,551.1 | 9,551.1 | 9,795.8 | |||||||||||||||||
Total investments, Carrying Value | 9,551.1 | 9,551.1 | 9,795.8 | |||||||||||||||||
Available-for-sale Debt Securities, Amortized Cost Basis | 9,378.5 | 9,378.5 | 9,345.5 | |||||||||||||||||
Fixed-maturity securities, available-for-sale [Member] | Hybrids [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 46.4 | 46.4 | 52.2 | |||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax | (28.9) | (28.9) | (15.2) | |||||||||||||||||
Available-for-sale Securities, Debt Securities | 1,241.1 | 1,241.1 | 1,316.1 | |||||||||||||||||
Total investments, Carrying Value | 1,241.1 | 1,241.1 | 1,316.1 | |||||||||||||||||
Available-for-sale Debt Securities, Amortized Cost Basis | 1,223.6 | 1,223.6 | 1,279.1 | |||||||||||||||||
Fixed-maturity securities, available-for-sale [Member] | Municipals [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 91.9 | 91.9 | 116.2 | |||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax | (19.8) | (19.8) | (6.3) | |||||||||||||||||
Available-for-sale Securities, Debt Securities | 1,450.6 | 1,450.6 | 1,259.8 | |||||||||||||||||
Total investments, Carrying Value | 1,450.6 | 1,450.6 | 1,259.8 | |||||||||||||||||
Available-for-sale Debt Securities, Amortized Cost Basis | 1,378.5 | 1,378.5 | 1,149.9 | |||||||||||||||||
Fixed-maturity securities, available-for-sale [Member] | Agency residential mortgage-backed securities [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 100.6 | 100.6 | 140.3 | |||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax | (24.7) | (24.7) | (11.1) | |||||||||||||||||
Available-for-sale Securities, Debt Securities | 2,175.4 | 2,175.4 | 2,114.0 | |||||||||||||||||
Total investments, Carrying Value | 2,175.4 | 2,175.4 | 2,114.0 | |||||||||||||||||
Available-for-sale Debt Securities, Amortized Cost Basis | 2,099.5 | 2,099.5 | 1,984.8 | |||||||||||||||||
Fixed-maturity securities, available-for-sale [Member] | U.S. Government securities [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 9.2 | 9.2 | 6.4 | |||||||||||||||||
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax | (0.4) | (0.4) | (1.4) | |||||||||||||||||
Available-for-sale Securities, Debt Securities | 596.3 | 596.3 | 296.0 | |||||||||||||||||
Total investments, Carrying Value | 596.3 | 596.3 | 296.0 | |||||||||||||||||
Available-for-sale Debt Securities, Amortized Cost Basis | 587.5 | 587.5 | 291.0 | |||||||||||||||||
Derivative Financial Instruments, Assets [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Trading Securities, Cost | 211.9 | 211.9 | 177.7 | |||||||||||||||||
Trading Securities | 220.4 | 220.4 | 296.3 | |||||||||||||||||
Other Investments Gross Unrealized Gain | 47.0 | 47.0 | 123.3 | |||||||||||||||||
Other Short Term Investments Gross Unrealized Losses | (38.5) | (38.5) | (4.7) | |||||||||||||||||
Asset based loan receivables [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Trading Securities, Cost | 490.0 | 490.0 | 811.6 | |||||||||||||||||
Trading Securities | 490.0 | 490.0 | 811.6 | |||||||||||||||||
Other Invested Assets [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Trading Securities, Cost | 164.9 | |||||||||||||||||||
Trading Securities | 165.0 | |||||||||||||||||||
Other Investments Gross Unrealized Gain | 0.1 | |||||||||||||||||||
Other Invested Assets [Member] | Other Investments Asset [Member] | All Other Securities [Member]
|
||||||||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||||||||
Trading Securities, Cost | 442.4 | 442.4 | ||||||||||||||||||
Trading Securities | 442.4 | 442.4 | ||||||||||||||||||
Other Investments Gross Unrealized Gain | 0 | 0 | ||||||||||||||||||
Other Short Term Investments Gross Unrealized Losses | $ 0 | $ 0 | ||||||||||||||||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Available For Sale Securities Carrying Value No definition available.
|
X | ||||||||||
- Definition
Available For Sale Securities Fair Value No definition available.
|
X | ||||||||||
- Definition
Investments, Unrealized Gains No definition available.
|
X | ||||||||||
- Definition
Investments, Unrealized Losses No definition available.
|
X | ||||||||||
- Definition
Other Investments Gross Unrealized Gain No definition available.
|
X | ||||||||||
- Definition
Other Short Term Investments Gross Unrealized Losses No definition available.
|
X | ||||||||||
- Definition
Unrealized amortized cost on securities. No definition available.
|
X | ||||||||||
- Definition
Unrealized gain related to non credit portion of other than temporary impairments included in accumulated other comprehensive income. No definition available.
|
X | ||||||||||
- Definition
Unrealized losses related to non credit portion of other than temporary impairments included in accumulated other comprehensive income. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Investments - Additional Information (Detail) (USD $)
|
3 Months Ended | 9 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Sep. 30, 2014
|
||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Document Period End Date | Jun. 30, 2015 | |||||||||||
Asset Backed Loans And Other Invested Assets Gross | $ 534,400,000 | $ 534,400,000 | $ 818,800,000 | |||||||||
Long-term Debt | 6,860,300,000 | 6,860,300,000 | 5,194,500,000 | |||||||||
Asset-backed loans | 490,000,000 | 490,000,000 | 811,600,000 | |||||||||
Industry holdings, number of top investments | 10 | 10 | ||||||||||
Equity Securities Holdings Exposure Amount of Single Issuer Greater than Stated Percentage of Total Investments | 40.30% | 40.30% | ||||||||||
Total investments, Carrying Value | 19,497,900,000 | 19,497,900,000 | 19,252,500,000 | |||||||||
Loans Receivable, Gross, Commercial, Mortgage | 403,900,000 | 403,900,000 | 136,200,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 100.00% | 100.00% | 100.00% | |||||||||
Financing Receivable, Recorded Investment, Past Due | 403,900,000 | 403,900,000 | 136,200,000 | |||||||||
Financing Receivable, Allowance for Credit Losses, Write-downs | 76,600,000 | |||||||||||
Financing Receivable, Allowance for Credit Losses, Period Increase (Decrease) | (37,200,000) | |||||||||||
Provision for Loan, Lease, and Other Losses | 10,600,000 | (300,000) | 113,800,000 | 1,500,000 | ||||||||
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 | 900,000 | 900,000 | ||||||||||
Unrealized losses included in AOCI related to the non-credit portion of other than-temporary impairments on non-agency residential-mortgage-backed securities | (1,900,000) | (1,900,000) | ||||||||||
Other Marketable Securities, Current | 15,964,000,000 | 15,964,000,000 | 15,009,300,000 | |||||||||
Fidelity And Guaranty Life Holdings [Member] | Stockholders' Equity, Total [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Fair value of investment | 1,513,500,000 | 1,513,500,000 | 768,500,000 | |||||||||
Percentage of fair value of the invested assets portfolio | 7.80% | 7.80% | 4.00% | |||||||||
Investment in issuers | 14 | 14 | 4 | |||||||||
Investment Income [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Available-for-sale Securities, Gross Realized Losses | (6,200,000) | (1,700,000) | (50,700,000) | (4,200,000) | ||||||||
Available for sale securities on fixed maturity | 1,863,900,000 | 1,724,600,000 | 3,669,700,000 | 4,352,500,000 | ||||||||
Available-for-sale Securities, Gross Realized Gains | 59,800,000 | 74,600,000 | 79,600,000 | 96,800,000 | ||||||||
Concentration [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Investment Securities Held by Subsidiaries Subject to Specialized Industry Accounting Principles at Fair Value | 1,982,000,000 | 1,982,000,000 | 2,240,300,000 | |||||||||
Percentage of fair value of the invested assets portfolio | 10.20% | 10.20% | 11.60% | |||||||||
Number Of Issuers In Investment | 78 | 78 | ||||||||||
Concentration [Member] | Fidelity And Guaranty Life Holdings [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Fair value of investment | 175,100,000 | 175,100,000 | 250,000,000 | |||||||||
Percentage of fair value of the invested assets portfolio | 0.90% | 0.90% | 1.30% | |||||||||
Insurance Segment [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Fair value on securities | 66,700,000 | 66,700,000 | 200,000 | |||||||||
Percentage of amortized cost | 20.00% | |||||||||||
Percentage of carrying values of all investments (less than 1%) | 1.00% | |||||||||||
FHLB of Atlanta Funding Agreement Collateral Held [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Investment Owned, at Fair Value | 540,000,000 | 540,000,000 | 573,200,000 | |||||||||
Fixed Maturities Available For Sale [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Total investments, Carrying Value | 17,723,600,000 | 17,723,600,000 | 17,211,500,000 | |||||||||
Fixed Maturities Available For Sale [Member] | Asset-backed Securities [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Total investments, Carrying Value | 1,887,500,000 | 1,887,500,000 | 1,792,900,000 | |||||||||
Commercial Mortgage Loan [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans and Leases Receivable, Ratio of Performing Loans to All Loans | 75.00% | 75.00% | ||||||||||
Loan to Value, Maximum Threshold | 100.00% | 100.00% | ||||||||||
Investments, Cost or Amortized, Percentage of Total | 0.00% | 0.00% | 0.00% | |||||||||
Industrial Property [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 9,200,000 | 9,200,000 | 0 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 2.20% | 2.20% | 0.00% | |||||||||
Warehouse [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 66,900,000 | 66,900,000 | 48,000,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 16.60% | 16.60% | 35.20% | |||||||||
Office Building [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 128,900,000 | 128,900,000 | 44,600,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 31.90% | 31.90% | 32.70% | |||||||||
Retail Site [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 128,900,000 | 128,900,000 | 5,800,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 31.90% | 31.90% | 4.30% | |||||||||
East North Central US [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 113,300,000 | 113,300,000 | 27,800,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 28.10% | 28.10% | 20.40% | |||||||||
Middle Atlantic US [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 81,300,000 | 81,300,000 | 10,900,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 20.10% | 20.10% | 8.00% | |||||||||
Pacific US [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 81,200,000 | 81,200,000 | 61,500,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 20.10% | 20.10% | 45.10% | |||||||||
South Atlantic US [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 55,700,000 | 55,700,000 | 0 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 13.80% | 13.80% | 0.00% | |||||||||
West North Central US [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 5,600,000 | 5,600,000 | 5,800,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 1.40% | 1.40% | 4.30% | |||||||||
West South Central US [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 19,600,000 | 19,600,000 | 30,200,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 4.90% | 4.90% | 22.20% | |||||||||
Greater Than One Point Two Five [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 383,600,000 | 383,600,000 | 135,400,000 | |||||||||
Greater Than One But Less Than One Point Two Five [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 19,600,000 | 19,600,000 | 0 | |||||||||
Ratio Not Available [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 700,000 | [1] | 700,000 | [1] | 800,000 | [1] | ||||||
LTV Less Than 50 Percent [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 93,900,000 | 93,900,000 | 45,400,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 23.30% | 23.30% | 33.30% | |||||||||
LTV Less Than 50 Percent [Member] | Greater Than One Point Two Five [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 93,200,000 | 93,200,000 | 44,600,000 | |||||||||
LTV Less Than 50 Percent [Member] | Greater Than One But Less Than One Point Two Five [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | 0 | 0 | |||||||||
LTV Less Than 50 Percent [Member] | Ratio Not Available [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 700,000 | [1] | 700,000 | [1] | 800,000 | [1] | ||||||
LTV 50 to 60 Percent [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 148,000,000 | 148,000,000 | 19,900,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 36.60% | 36.60% | 14.60% | |||||||||
LTV 50 to 60 Percent [Member] | Greater Than One Point Two Five [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 128,400,000 | 128,400,000 | 19,900,000 | |||||||||
LTV 50 to 60 Percent [Member] | Greater Than One But Less Than One Point Two Five [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 19,600,000 | 19,600,000 | 0 | |||||||||
LTV 50 to 60 Percent [Member] | Ratio Not Available [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | [1] | 0 | [1] | 0 | [1] | ||||||
LTV 60 to 75 Percent [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 162,000,000 | 162,000,000 | 70,900,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 40.10% | 40.10% | 52.10% | |||||||||
LTV 60 to 75 Percent [Member] | Greater Than One Point Two Five [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 162,000,000 | 162,000,000 | 70,900,000 | |||||||||
LTV 60 to 75 Percent [Member] | Greater Than One But Less Than One Point Two Five [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | 0 | 0 | |||||||||
LTV 60 to 75 Percent [Member] | Ratio Not Available [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | [1] | 0 | [1] | 0 | [1] | ||||||
Estimate of Fair Value Measurement [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Asset-backed loans | 490,000,000 | [2] | 490,000,000 | [2] | 151,700,000 | [2] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 403,900,000 | 403,900,000 | 136,200,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 100.00% | 100.00% | 100.00% | |||||||||
Estimate of Fair Value Measurement [Member] | LTV Less Than 50 Percent [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 93,900,000 | 93,900,000 | 45,400,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 23.30% | 23.30% | 33.30% | |||||||||
Estimate of Fair Value Measurement [Member] | LTV 50 to 60 Percent [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 148,000,000 | 148,000,000 | 19,900,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 36.60% | 36.60% | 14.60% | |||||||||
Estimate of Fair Value Measurement [Member] | LTV 60 to 75 Percent [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Loans Receivable, Gross, Commercial, Mortgage | 162,000,000 | 162,000,000 | 70,900,000 | |||||||||
Commercial Mortgage Receivable, Percentage of Total | 40.10% | 40.10% | 52.10% | |||||||||
Financing Receivables, 1 to 29 Days Past Due [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Financing Receivable, Recorded Investment, Past Due | 403,900,000 | 403,900,000 | ||||||||||
Radioshack [Member] | Salus Capital Partners L L C [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Long-term Debt | 250,000,000 | 250,000,000 | ||||||||||
Radioshack [Member] | Insurance And Financial Services [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Long-term Debt | 150,000,000 | 150,000,000 | ||||||||||
Non-Qualifying Participation [Member] | Radioshack [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Long-term Debt | 100,000,000 | 100,000,000 | ||||||||||
Countrywide Mortgage Finance Settlement [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Litigation Settlement, Amount | 18,600,000 | |||||||||||
Countrywide Mortgage Finance Settlement [Member] | Minimum [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Litigation Settlement, Amount | 15,000,000 | |||||||||||
Countrywide Mortgage Finance Settlement [Member] | Maximum [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Litigation Settlement, Amount | 20,000,000 | |||||||||||
Doubtful [Member]
|
||||||||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||||||||
Asset Backed Loans And Other Invested Assets Gross | $ 91,300,000 | $ 91,300,000 | ||||||||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Asset backed loans and other invested assets. No definition available.
|
X | ||||||||||
- Definition
Asset Backed Loans And Other Invested Assets Gross No definition available.
|
X | ||||||||||
- Definition
Available for sale depressed securities fair value disclosure. No definition available.
|
X | ||||||||||
- Definition
Available For Sale Securities Carrying Value No definition available.
|
X | ||||||||||
- Definition
Available for sale securities on fixed maturity under commitment agreement. No definition available.
|
X | ||||||||||
- Definition
Percentage of the total commercial loan portfolio. No definition available.
|
X | ||||||||||
- Definition
Equity Securities Holdings Exposure Amount of Single Issuer Greater than Stated Percentage of Total Investments No definition available.
|
X | ||||||||||
- Definition
Industry Holdings, Number of Top Investments No definition available.
|
X | ||||||||||
- Definition
Percentage that investment represents of the total investments by the entity. No definition available.
|
X | ||||||||||
- Definition
Investment Securities Held by Subsidiaries Subject to Specialized Industry Accounting Principles at Fair Value No definition available.
|
X | ||||||||||
- Definition
Percentage of performing loans to total loan portfolio. No definition available.
|
X | ||||||||||
- Definition
Highest loan to value ratio present in the loan portfolio. No definition available.
|
X | ||||||||||
- Definition
Number of investment issuers. No definition available.
|
X | ||||||||||
- Definition
Number Of Issuers In Investment No definition available.
|
X | ||||||||||
- Definition
Percentage of available for sale depressed securities above amortized cost. No definition available.
|
X | ||||||||||
- Definition
Percentage of available for sale depressed securities in relation to carrying values of all investments. No definition available.
|
X | ||||||||||
- Definition
Percentage of investments fair value in relation to invested assets portfolio. No definition available.
|
X | ||||||||||
- Definition
Unrealized gain related to non credit portion of other than temporary impairments included in accumulated other comprehensive income. No definition available.
|
X | ||||||||||
- Definition
Unrealized losses related to non credit portion of other than temporary impairments included in accumulated other comprehensive income. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Investments - Amortized Cost and Fair Value of Fixed Maturity Available-for-Sale Securities (Detail) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2015
Commercial Mortgage Backed Securities [Member]
|
Jun. 30, 2015
Structured hybrids [Member]
|
Jun. 30, 2015
Agency residential mortgage-backed securities [Member]
|
Sep. 30, 2014
Other Invested Assets [Member]
|
Jun. 30, 2015
Non-structured Hybrids [Member]
Corporate [Member]
Municipal [Member]
U.S. Government securities [Member]
|
Jun. 30, 2015
Other Investments Asset [Member]
Other Invested Assets [Member]
All Other Securities [Member]
|
|
Schedule of Available-for-sale Securities [Line Items] | |||||||
Document Period End Date | Jun. 30, 2015 | ||||||
Trading Securities, Cost | $ 164.9 | $ 442.4 | |||||
Due in one year or less, Amortized Cost | 203.2 | ||||||
Due after one year through five years, Amortized Cost | 2,113.2 | ||||||
Due after five years through ten years, Amortized Cost | 2,955.1 | ||||||
Due after ten years, Amortized Cost | 6,623.3 | ||||||
Subtotal, Amortized Cost | 11,894.8 | ||||||
Other securities which provide for periodic payments, Amortized Cost | 814.2 | 673.3 | 2,099.5 | ||||
Total fixed maturity available-for-sale securities, Amortized Cost | 17,388.5 | ||||||
Due in one year or less, Fair Value | 205.7 | ||||||
Due after one year through five years, Fair Value | 2,153.2 | ||||||
Due after five years through ten years, Fair Value | 3,015.0 | ||||||
Due after ten years, Fair Value | 6,804.1 | ||||||
Subtotal, Fair Value | 12,178.0 | ||||||
Other securities which provide for periodic payments, Fair Value | 821.6 | 661.1 | 2,175.4 | ||||
Total fixed maturity available-for-sale securities, Fair Value | 17,723.6 | ||||||
Other Investments Gross Unrealized Gain | 0.1 | 0 | |||||
Other Short Term Investments Gross Unrealized Losses | 0 | ||||||
Trading Securities | $ 165.0 | $ 442.4 |
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Available for sale securities debt maturities amortized cost excluding single maturity date. No definition available.
|
X | ||||||||||
- Definition
Available for sale securities debt maturities fair value excluding single maturity date. No definition available.
|
X | ||||||||||
- Definition
Available for sale securities fair value on debt maturities. No definition available.
|
X | ||||||||||
- Definition
Other Investments Gross Unrealized Gain No definition available.
|
X | ||||||||||
- Definition
Other Short Term Investments Gross Unrealized Losses No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Investments - Fair Value and Gross Unrealized Losses of Available-for-Sale Securities (Detail) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | |
---|---|---|
Jun. 30, 2015
Security
|
Sep. 30, 2014
Security
|
|
Schedule of Available-for-sale Securities [Line Items] | ||
Document Period End Date | Jun. 30, 2015 | |
Available-for-sale securities, Fair Value, Less than 12 months | $ 5,297.0 | $ 2,577.1 |
Available For Sale Securities In A Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses | (176.4) | (39.4) |
Available-for-sale securities, Fair Value, 12 months or longer | 2,519.9 | 2,285.5 |
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer | (106.5) | (69.4) |
Available-for-sale securities, Fair Value, Total | 7,816.9 | 4,862.6 |
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss | 282.9 | 108.8 |
Total number of available-for-sale securities in an unrealized loss position, Less than 12 months | 783 | 319 |
Total number of available-for-sale securities in an unrealized loss position, 12 months or longer | 300 | 310 |
Total number of available-for-sale securities in an unrealized loss position | 1,083 | 629 |
Asset-backed Securities [Member]
|
||
Schedule of Available-for-sale Securities [Line Items] | ||
Available-for-sale securities, Fair Value, Less than 12 months | 725.9 | 825.8 |
Available For Sale Securities In A Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses | (10.2) | (11.8) |
Available-for-sale securities, Fair Value, 12 months or longer | 597.4 | 288.2 |
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer | (13.9) | (7.0) |
Available-for-sale securities, Fair Value, Total | 1,323.3 | 1,114.0 |
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss | 24.1 | 18.8 |
Commercial Mortgage Backed Securities [Member]
|
||
Schedule of Available-for-sale Securities [Line Items] | ||
Available-for-sale securities, Fair Value, Less than 12 months | 318.9 | 160.3 |
Available For Sale Securities In A Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses | (6.9) | (0.9) |
Available-for-sale securities, Fair Value, 12 months or longer | 56.8 | 0.4 |
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer | (0.1) | (1.1) |
Available-for-sale securities, Fair Value, Total | 375.7 | 160.7 |
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss | 7.0 | 2.0 |
Corporate Debt Securities [Member]
|
||
Schedule of Available-for-sale Securities [Line Items] | ||
Available-for-sale securities, Fair Value, Less than 12 months | 2,832.7 | 816.6 |
Available For Sale Securities In A Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses | (127.3) | (16.3) |
Available-for-sale securities, Fair Value, 12 months or longer | 893.8 | 1,127.8 |
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer | (46.3) | (32.6) |
Available-for-sale securities, Fair Value, Total | 3,726.5 | 1,944.4 |
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss | 173.6 | 48.9 |
Equities [Member]
|
||
Schedule of Available-for-sale Securities [Line Items] | ||
Available-for-sale securities, Fair Value, Less than 12 months | 59.9 | 180.4 |
Available For Sale Securities In A Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses | (1.3) | (2.2) |
Available-for-sale securities, Fair Value, 12 months or longer | 94.6 | 54.9 |
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer | (3.1) | (2.9) |
Available-for-sale securities, Fair Value, Total | 154.5 | 235.3 |
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss | 4.4 | 5.1 |
Hybrids [Member]
|
||
Schedule of Available-for-sale Securities [Line Items] | ||
Available-for-sale securities, Fair Value, Less than 12 months | 174.1 | 258.2 |
Available For Sale Securities In A Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses | (5.2) | (2.3) |
Available-for-sale securities, Fair Value, 12 months or longer | 360.9 | 290.0 |
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer | (23.7) | (12.9) |
Available-for-sale securities, Fair Value, Total | 535.0 | 548.2 |
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss | 28.9 | 15.2 |
Municipals [Member]
|
||
Schedule of Available-for-sale Securities [Line Items] | ||
Available-for-sale securities, Fair Value, Less than 12 months | 339.4 | |
Available For Sale Securities In A Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses | (12.8) | |
Available-for-sale securities, Fair Value, 12 months or longer | 210.9 | 264.9 |
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer | (7.0) | (6.3) |
Available-for-sale securities, Fair Value, Total | 550.3 | 264.9 |
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss | 19.8 | 6.3 |
Agency residential mortgage-backed securities [Member]
|
||
Schedule of Available-for-sale Securities [Line Items] | ||
Available-for-sale securities, Fair Value, Less than 12 months | 496.2 | 298.5 |
Available For Sale Securities In A Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses | (12.7) | (5.8) |
Available-for-sale securities, Fair Value, 12 months or longer | 246.2 | 177.6 |
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer | (12.0) | (5.3) |
Available-for-sale securities, Fair Value, Total | 742.4 | 476.1 |
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss | 24.7 | 11.1 |
U.S. Government securities [Member]
|
||
Schedule of Available-for-sale Securities [Line Items] | ||
Available-for-sale securities, Fair Value, Less than 12 months | 349.9 | 37.3 |
Available For Sale Securities In A Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses | (0.1) | |
Available-for-sale securities, Fair Value, 12 months or longer | 59.3 | 81.7 |
Available-for-sale Securities, Gross Unrealized Losses, 12 months or longer | (0.4) | (1.3) |
Available-for-sale securities, Fair Value, Total | 409.2 | 119.0 |
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss | $ 0.4 | $ 1.4 |
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Investments - Portfolio of Asset-Backed Loans and Other Invested Assets (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Mar. 31, 2015
|
Sep. 30, 2014
|
Mar. 31, 2014
|
Sep. 30, 2013
|
|
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||||
Document Period End Date | Jun. 30, 2015 | |||||||
Asset-backed loans, by major industry: | ||||||||
Total asset-backed loans | $ 534.4 | $ 534.4 | $ 818.8 | |||||
Less: Allowance for credit losses | 44.4 | 44.4 | 7.2 | |||||
Total asset-backed loans, net | 490.0 | 490.0 | 811.6 | |||||
Financing Receivable, Allowance for Credit Losses | 44.4 | 6.7 | 44.4 | 6.7 | 33.8 | 7.2 | 7.0 | 5.2 |
Provision for Loan, Lease, and Other Losses | 10.6 | (0.3) | 113.8 | 1.5 | ||||
Apparel [Member]
|
||||||||
Asset-backed loans, by major industry: | ||||||||
Total asset-backed loans | 171.2 | 171.2 | 191.6 | |||||
Jewelry [Member]
|
||||||||
Asset-backed loans, by major industry: | ||||||||
Total asset-backed loans | 81.4 | 81.4 | 100.1 | |||||
Home Furnishings [Member]
|
||||||||
Asset-backed loans, by major industry: | ||||||||
Total asset-backed loans | 55.8 | 55.8 | 71.7 | |||||
Manufacturing [Member]
|
||||||||
Asset-backed loans, by major industry: | ||||||||
Total asset-backed loans | 49.8 | 49.8 | 56.9 | |||||
Other [Member]
|
||||||||
Asset-backed loans, by major industry: | ||||||||
Total asset-backed loans | 105.4 | 105.4 | 153.1 | |||||
Electronics [Member]
|
||||||||
Asset-backed loans, by major industry: | ||||||||
Total asset-backed loans | $ 70.8 | $ 70.8 | $ 245.4 |
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Allowance For Credit Losses No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Asset backed loans and other invested assets. No definition available.
|
X | ||||||||||
- Definition
Asset Backed Loans And Other Invested Assets Gross No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Investments - Schedule of Allowance for Credit Losses (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Allowance for credit losses: | ||||
Balance at beginning of period | $ 33.8 | $ 7.0 | $ 7.2 | $ 5.2 |
Provision for credit losses | 10.6 | (0.3) | 113.8 | 1.5 |
Balance at end of period | $ 44.4 | $ 6.7 | $ 44.4 | $ 6.7 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Investments - Schedule of Credit Quality of Asset-Based Loan Portfolio (Detail) (USD $)
In Millions, unless otherwise specified |
Jun. 30, 2015
|
Sep. 30, 2014
|
||||
---|---|---|---|---|---|---|
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | $ 403.9 | $ 136.2 | ||||
Commercial Mortgage Receivable, Percentage of Total | 100.00% | 100.00% | ||||
Asset-based loans, by credit quality rating | ||||||
Asset Backed Loans And Other Invested Assets Gross | 534.4 | 818.8 | ||||
Substandard [Member]
|
||||||
Asset-based loans, by credit quality rating | ||||||
Asset Backed Loans And Other Invested Assets Gross | 271.5 | 250.8 | ||||
Doubtful [Member]
|
||||||
Asset-based loans, by credit quality rating | ||||||
Asset Backed Loans And Other Invested Assets Gross | 91.3 | |||||
Special Mention [Member]
|
||||||
Asset-based loans, by credit quality rating | ||||||
Asset Backed Loans And Other Invested Assets Gross | 44.9 | 372.7 | ||||
Pass [Member]
|
||||||
Asset-based loans, by credit quality rating | ||||||
Asset Backed Loans And Other Invested Assets Gross | 126.7 | 195.3 | ||||
LTV Less Than 50 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 93.9 | 45.4 | ||||
Commercial Mortgage Receivable, Percentage of Total | 23.30% | 33.30% | ||||
LTV 50 to 60 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 148.0 | 19.9 | ||||
Commercial Mortgage Receivable, Percentage of Total | 36.60% | 14.60% | ||||
LTV 60 to 75 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 162.0 | 70.9 | ||||
Commercial Mortgage Receivable, Percentage of Total | 40.10% | 52.10% | ||||
Greater Than One Point Two Five [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 383.6 | 135.4 | ||||
Greater Than One Point Two Five [Member] | LTV Less Than 50 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 93.2 | 44.6 | ||||
Greater Than One Point Two Five [Member] | LTV 50 to 60 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 128.4 | 19.9 | ||||
Greater Than One Point Two Five [Member] | LTV 60 to 75 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 162.0 | 70.9 | ||||
Greater Than One But Less Than One Point Two Five [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 19.6 | 0 | ||||
Greater Than One But Less Than One Point Two Five [Member] | LTV Less Than 50 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | 0 | ||||
Greater Than One But Less Than One Point Two Five [Member] | LTV 50 to 60 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 19.6 | 0 | ||||
Greater Than One But Less Than One Point Two Five [Member] | LTV 60 to 75 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | 0 | ||||
Ratio Not Available [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0.7 | [1] | 0.8 | [1] | ||
Ratio Not Available [Member] | LTV Less Than 50 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0.7 | [1] | 0.8 | [1] | ||
Ratio Not Available [Member] | LTV 50 to 60 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | [1] | 0 | [1] | ||
Ratio Not Available [Member] | LTV 60 to 75 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | [1] | 0 | [1] | ||
Estimate of Fair Value Measurement [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 403.9 | 136.2 | ||||
Commercial Mortgage Receivable, Percentage of Total | 100.00% | 100.00% | ||||
Estimate of Fair Value Measurement [Member] | LTV Less Than 50 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 93.9 | 45.4 | ||||
Commercial Mortgage Receivable, Percentage of Total | 23.30% | 33.30% | ||||
Estimate of Fair Value Measurement [Member] | LTV 50 to 60 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 148.0 | 19.9 | ||||
Commercial Mortgage Receivable, Percentage of Total | 36.60% | 14.60% | ||||
Estimate of Fair Value Measurement [Member] | LTV 60 to 75 Percent [Member]
|
||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | $ 162.0 | $ 70.9 | ||||
Commercial Mortgage Receivable, Percentage of Total | 40.10% | 52.10% | ||||
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Asset Backed Loans And Other Invested Assets Gross No definition available.
|
X | ||||||||||
- Definition
Percentage of the total commercial loan portfolio. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Investments Investments - Schedule of Commercial Mortgage Loans (Details) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | |||||
---|---|---|---|---|---|---|
Jun. 30, 2015
|
Sep. 30, 2014
|
|||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Document Period End Date | Jun. 30, 2015 | |||||
Loans Receivable, Gross, Commercial, Mortgage | $ 403.9 | $ 136.2 | ||||
Commercial Mortgage Receivable, Percentage of Total | 100.00% | 100.00% | ||||
LTV Less Than 50 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 93.9 | 45.4 | ||||
Commercial Mortgage Receivable, Percentage of Total | 23.30% | 33.30% | ||||
LTV 50 to 60 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 148.0 | 19.9 | ||||
Commercial Mortgage Receivable, Percentage of Total | 36.60% | 14.60% | ||||
LTV 60 to 75 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 162.0 | 70.9 | ||||
Commercial Mortgage Receivable, Percentage of Total | 40.10% | 52.10% | ||||
Greater Than One Point Two Five [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 383.6 | 135.4 | ||||
Greater Than One Point Two Five [Member] | LTV Less Than 50 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 93.2 | 44.6 | ||||
Greater Than One Point Two Five [Member] | LTV 50 to 60 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 128.4 | 19.9 | ||||
Greater Than One Point Two Five [Member] | LTV 60 to 75 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 162.0 | 70.9 | ||||
Greater Than One But Less Than One Point Two Five [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 19.6 | 0 | ||||
Greater Than One But Less Than One Point Two Five [Member] | LTV Less Than 50 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | 0 | ||||
Greater Than One But Less Than One Point Two Five [Member] | LTV 50 to 60 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 19.6 | 0 | ||||
Greater Than One But Less Than One Point Two Five [Member] | LTV 60 to 75 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | 0 | ||||
Ratio Not Available [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0.7 | [1] | 0.8 | [1] | ||
Ratio Not Available [Member] | LTV Less Than 50 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0.7 | [1] | 0.8 | [1] | ||
Ratio Not Available [Member] | LTV 50 to 60 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | [1] | 0 | [1] | ||
Ratio Not Available [Member] | LTV 60 to 75 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0 | [1] | 0 | [1] | ||
Estimate of Fair Value Measurement [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 403.9 | 136.2 | ||||
Commercial Mortgage Receivable, Percentage of Total | 100.00% | 100.00% | ||||
Estimate of Fair Value Measurement [Member] | LTV Less Than 50 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 93.9 | 45.4 | ||||
Commercial Mortgage Receivable, Percentage of Total | 23.30% | 33.30% | ||||
Estimate of Fair Value Measurement [Member] | LTV 50 to 60 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 148.0 | 19.9 | ||||
Commercial Mortgage Receivable, Percentage of Total | 36.60% | 14.60% | ||||
Estimate of Fair Value Measurement [Member] | LTV 60 to 75 Percent [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 162.0 | 70.9 | ||||
Commercial Mortgage Receivable, Percentage of Total | 40.10% | 52.10% | ||||
Industrial Property [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 9.2 | 0 | ||||
Commercial Mortgage Receivable, Percentage of Total | 2.20% | 0.00% | ||||
Warehouse [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 66.9 | 48.0 | ||||
Commercial Mortgage Receivable, Percentage of Total | 16.60% | 35.20% | ||||
Multifamily [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 56.8 | 37.8 | ||||
Commercial Mortgage Receivable, Percentage of Total | 14.10% | 27.80% | ||||
Hotel [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 12.5 | 0 | ||||
Commercial Mortgage Receivable, Percentage of Total | 3.10% | 0.00% | ||||
Office Building [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 128.9 | 44.6 | ||||
Commercial Mortgage Receivable, Percentage of Total | 31.90% | 32.70% | ||||
Retail Site [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 128.9 | 5.8 | ||||
Commercial Mortgage Receivable, Percentage of Total | 31.90% | 4.30% | ||||
Funeral Home [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 0.7 | 0 | ||||
Commercial Mortgage Receivable, Percentage of Total | 0.20% | 0.00% | ||||
East North Central US [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 113.3 | 27.8 | ||||
Commercial Mortgage Receivable, Percentage of Total | 28.10% | 20.40% | ||||
Middle Atlantic US [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 81.3 | 10.9 | ||||
Commercial Mortgage Receivable, Percentage of Total | 20.10% | 8.00% | ||||
Pacific US [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 81.2 | 61.5 | ||||
Commercial Mortgage Receivable, Percentage of Total | 20.10% | 45.10% | ||||
South Atlantic US [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 55.7 | 0 | ||||
Commercial Mortgage Receivable, Percentage of Total | 13.80% | 0.00% | ||||
West North Central US [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 5.6 | 5.8 | ||||
Commercial Mortgage Receivable, Percentage of Total | 1.40% | 4.30% | ||||
West South Central US [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 19.6 | 30.2 | ||||
Commercial Mortgage Receivable, Percentage of Total | 4.90% | 22.20% | ||||
Mountain [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | 41.8 | 0 | ||||
Commercial Mortgage Receivable, Percentage of Total | 10.30% | 0.00% | ||||
New England [Member]
|
||||||
Schedule of Available-for-sale Securities [Line Items] | ||||||
Loans Receivable, Gross, Commercial, Mortgage | $ 5.4 | $ 0 | ||||
Commercial Mortgage Receivable, Percentage of Total | 1.30% | 0.00% | ||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Percentage of the total commercial loan portfolio. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Investments - Net Investment Income (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Schedule of Investments [Line Items] | ||||
Gross investment income | $ 236.8 | $ 217.7 | $ 701.7 | $ 632.8 |
External investment expense | (5.2) | (6.8) | (14.3) | (14.3) |
Net investment income | 231.6 | 210.9 | 687.4 | 618.5 |
Fixed maturity available-for-sale securities [Member]
|
||||
Schedule of Investments [Line Items] | ||||
Gross investment income | 209.6 | 192.1 | 623.8 | 568.1 |
Equity available-for-sale securities [Member]
|
||||
Schedule of Investments [Line Items] | ||||
Gross investment income | 10.2 | 7.1 | 27.9 | 16.7 |
Asset based loan receivables [Member]
|
||||
Schedule of Investments [Line Items] | ||||
Gross investment income | 9.7 | 16.7 | 36.2 | 44.5 |
Other investments [Member]
|
||||
Schedule of Investments [Line Items] | ||||
Gross investment income | $ 7.3 | $ 1.8 | $ 13.8 | $ 3.5 |
X | ||||||||||
- Definition
External investment expense. No definition available.
|
X | ||||||||||
- Definition
Gross investment income. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Investments - Net Investment Gains (Losses) (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Gain (Loss) on Investments [Abstract] | ||||
Net realized gains on fixed maturity available-for-sale securities | $ 54.6 | $ 74.4 | $ 60.5 | $ 92.1 |
Realized gains on equity securities | (1.5) | 3.0 | (4.7) | 13.8 |
Net realized gains on securities | 53.1 | 77.4 | 55.8 | 105.9 |
Realized gains (losses) on certain derivative instruments | 41.0 | 62.7 | 129.2 | 173.3 |
Unrealized gains on certain derivative instruments | (48.6) | 38.9 | (99.3) | 78.2 |
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net | (0.5) | 0.3 | 0.5 | 0.3 |
Change in fair value of derivatives | (8.1) | 101.9 | 30.4 | 251.8 |
Realized gains on other invested assets | (39.3) | 5.3 | (32.4) | 9.7 |
Net investment gains (losses) | $ 5.7 | $ 184.6 | $ 53.8 | $ 367.4 |
X | ||||||||||
- Definition
Change in fair value of derivatives. No definition available.
|
X | ||||||||||
- Definition
Gain loss on sale of available for sale securities. No definition available.
|
X | ||||||||||
- Definition
Gain loss on sale of equity securities. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Investments - Cash Flows from Consolidated Investing Activities by Security (Details) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | |
---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Gain (Loss) on Investments [Line Items] | ||
Proceeds from investments sold, matured or repaid | $ 4,162.1 | $ 4,754.5 |
Cost of investments acquired | (4,965.6) | (5,929.7) |
Available-for-sale Securities [Member]
|
||
Gain (Loss) on Investments [Line Items] | ||
Proceeds from investments sold, matured or repaid | 4,402.1 | |
Cost of investments acquired | (4,495.3) | (5,594.5) |
Trading Securities [Member]
|
||
Gain (Loss) on Investments [Line Items] | ||
Proceeds from investments sold, matured or repaid | 0 | 54.9 |
Cost of investments acquired | 0 | (67.8) |
Derivative and other [Member]
|
||
Gain (Loss) on Investments [Line Items] | ||
Proceeds from investments sold, matured or repaid | 301.5 | 297.5 |
Cost of investments acquired | (470.3) | (267.4) |
Investment Income [Member] | Available-for-sale Securities [Member]
|
||
Gain (Loss) on Investments [Line Items] | ||
Proceeds from investments sold, matured or repaid | $ 3,860.6 |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Derivative Financial Instruments - Fair Value of Outstanding Derivative Contracts in Condensed Consolidated Balance Sheets (Detail) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | |||||
---|---|---|---|---|---|---|
Jun. 30, 2015
|
Sep. 30, 2014
|
|||||
Derivatives, Fair Value [Line Items] | ||||||
Document Period End Date | Jun. 30, 2015 | |||||
Derivatives | $ 220.4 | $ 296.3 | ||||
Other invested assets | 442.4 | 165.0 | ||||
Call options [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 220.1 | 7,602.6 | ||||
Derivatives designated as hedging instruments [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 6.2 | 14.2 | ||||
Total liability derivatives | 4.6 | 1.9 | ||||
Derivatives designated as hedging instruments [Member] | Interest Rate Contract [Member] | Other assets [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 0 | 0.6 | ||||
Derivatives designated as hedging instruments [Member] | Interest Rate Contract [Member] | Accounts payable and other current liabilities [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total liability derivatives | 1.8 | 1.8 | ||||
Derivatives designated as hedging instruments [Member] | Interest Rate Contract [Member] | Other liabilities [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total liability derivatives | 0.4 | 0 | ||||
Derivatives designated as hedging instruments [Member] | Commodity swap and option agreements [Member] | Receivables, net [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 0 | 1.3 | ||||
Derivatives designated as hedging instruments [Member] | Foreign exchange forward agreements [Member] | Other assets [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 0.3 | 0.3 | ||||
Derivatives designated as hedging instruments [Member] | Foreign Exchange Contract [Member] | Receivables, net [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 5.9 | 12.0 | ||||
Derivatives designated as hedging instruments [Member] | Foreign Exchange Contract [Member] | Other liabilities [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total liability derivatives | 0.4 | 0 | ||||
Derivatives designated as hedging instruments [Member] | Foreign Exchange Contract [Member] | Accounts Payable and Accrued Liabilities [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total liability derivatives | 0.4 | 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 | 1.5 | 0.1 | ||||
Derivatives designated as hedging instruments [Member] | Commodity contracts [Member] | Other liabilities [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total liability derivatives | 0.1 | 0 | ||||
Not Designated as Hedging Instrument [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 248.6 | 324.1 | ||||
Total liability derivatives | 2,178.5 | 1,910.9 | ||||
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 | 0.2 | 0.1 | ||||
Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member] | Receivables, net [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 0 | 0.5 | ||||
Not Designated as Hedging Instrument [Member] | Commodity contracts [Member] | Receivables, net [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 1.9 | |||||
Not Designated as Hedging Instrument [Member] | Commodity contracts [Member] | Derivatives For Trading And Investment [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 10.3 | |||||
Not Designated as Hedging Instrument [Member] | Commodity contracts [Member] | Other liabilities [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total liability derivatives | 0 | 0.3 | ||||
Not Designated as Hedging Instrument [Member] | Call options [Member] | Derivatives For Trading And Investment [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 220.1 | 296.3 | ||||
Not Designated as Hedging Instrument [Member] | FIA embedded derivatives [Member] | Contractholder funds [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total liability derivatives | 2,173.7 | 1,908.1 | ||||
Not Designated as Hedging Instrument [Member] | Futures contracts [Member] | Derivatives For Trading And Investment [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 0.3 | 0 | ||||
Not Designated as Hedging Instrument [Member] | Futures contracts [Member] | Other liabilities [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total liability derivatives | 0 | 0.5 | ||||
Not Designated as Hedging Instrument [Member] | Embedded Derivative Financial Instruments [Member] | Derivatives For Trading And Investment [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Total asset derivatives | 11.7 | 11.2 | ||||
Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Contingent Purchase Price Reduction Receivable Fair Value Disclosure | 0 | 41.5 | ||||
Funds Withheld Receivable | 641.7 | [1] | 154.4 | [1] | ||
Assets, Fair Value Disclosure, Recurring | 19,238.2 | 18,501.7 | ||||
Liabilities, Fair Value Disclosure, Recurring | 2,773.1 | 2,062.2 | ||||
Fair Value, Measurements, Recurring [Member] | Interest Rate Contract [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivatives | 0 | 0.6 | ||||
Fair Value, Measurements, Recurring [Member] | Commodity Option [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivatives | 10.3 | 3.2 | ||||
Derivative Liability | 1.6 | 0.4 | ||||
Fair Value, Measurements, Recurring [Member] | Foreign exchange forward agreements [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivatives | 12.8 | |||||
Derivative Liability | 1.0 | 0.5 | ||||
Fair Value, Measurements, Recurring [Member] | Call options [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivatives | 220.4 | 296.3 | ||||
Fair Value, Measurements, Recurring [Member] | Available For Sale Embedded Derivatives [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Equity securities - available-for-sale | 579.6 | 663.6 | ||||
Fair Value, Measurements, Recurring [Member] | Fixed Index Annuity [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivative Liability | 2,173.7 | 1,908.1 | ||||
Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivative Liability | 2.2 | 1.8 | ||||
Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Funds Withheld Receivable | 45.8 | [1] | 0 | [1] | ||
Assets, Fair Value Disclosure, Recurring | 527.8 | 279.3 | ||||
Liabilities, Fair Value Disclosure, Recurring | 0 | 0 | ||||
Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Available For Sale Embedded Derivatives [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Equity securities - available-for-sale | 26.7 | 59.2 | ||||
Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Funds Withheld Receivable | 595.9 | [1] | 154.4 | [1] | ||
Assets, Fair Value Disclosure, Recurring | 17,562.3 | 17,156.4 | ||||
Liabilities, Fair Value Disclosure, Recurring | 4.8 | 2.8 | ||||
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Contract [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivatives | 0 | 0.6 | ||||
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Commodity Option [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivatives | 10.3 | 3.2 | ||||
Derivative Liability | 1.6 | 0.4 | ||||
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Foreign exchange forward agreements [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivatives | 12.8 | |||||
Derivative Liability | 1.0 | 0.5 | ||||
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Call options [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivatives | 220.4 | 296.3 | ||||
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Available For Sale Embedded Derivatives [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Equity securities - available-for-sale | 546.9 | 598.4 | ||||
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Future Contracts [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivative Liability | 0.1 | |||||
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivative Liability | 2.2 | 1.8 | ||||
Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Funds Withheld Receivable | 0 | [1] | 0 | [1] | ||
Assets, Fair Value Disclosure, Recurring | 1,148.1 | 1,066.0 | ||||
Liabilities, Fair Value Disclosure, Recurring | 2,768.3 | 2,059.4 | ||||
Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Fixed Index Annuity [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivative Liability | 2,173.7 | 1,908.1 | ||||
Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Front Street Future Policyholder Benefits Reserve [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivative Liability | 594.6 | 151.3 | ||||
Contingent Purchase Price Reduction Receivable [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Contingent Purchase Price Reduction Receivable Fair Value Disclosure | 0 | 41.5 | ||||
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 1,887.5 | 1,792.9 | ||||
Asset-backed Securities [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 1,854.4 | 1,755.9 | ||||
Asset-backed Securities [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 33.1 | |||||
Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 821.6 | 636.9 | ||||
Commercial Mortgage Backed Securities [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 681.5 | 553.8 | ||||
Commercial Mortgage Backed Securities [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 140.1 | |||||
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 9,551.1 | 9,795.8 | ||||
Corporate Debt Securities [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 8,634.2 | 8,945.8 | ||||
Corporate Debt Securities [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 916.9 | 850.0 | ||||
Hybrids [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 1,241.1 | 1,316.1 | ||||
Hybrids [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 1,241.1 | 1,316.1 | ||||
Hybrids [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 0 | 0 | ||||
Municipals [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 1,450.6 | 1,259.8 | ||||
Municipals [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 1,413.1 | 1,222.6 | ||||
Municipals [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 37.2 | |||||
Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 2,175.4 | 2,114.0 | ||||
Residential Mortgage Backed Securities [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 2,175.4 | 2,114.0 | ||||
Broker Quoted [Member] | Asset-backed Securities [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 33.1 | 37.0 | ||||
Broker Quoted [Member] | Commercial Mortgage Backed Securities [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 140.1 | 83.1 | ||||
Broker Quoted [Member] | Equity Securities [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Available For Sale Embedded Derivatives [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Equity securities - available-for-sale | 6.0 | 6.0 | ||||
Market Pricing [Member] | Municipal Bonds [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 37.5 | |||||
U.S. Government securities [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 596.3 | 296.0 | ||||
U.S. Government securities [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 413.4 | 115.6 | ||||
U.S. Government securities [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Available-for-sale Securities | 182.9 | 180.4 | ||||
Equity [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Trading Securities | 41.9 | 104.5 | ||||
Equity [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Trading Securities | 41.9 | 104.5 | ||||
Other Invested Assets [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Trading Securities | 165.0 | |||||
Other Invested Assets [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Other invested assets | 14.5 | 13.3 | ||||
Other Invested Assets [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Other invested assets | 0 | 0 | ||||
Other Invested Assets [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Other invested assets | 2.1 | |||||
Other Invested Assets [Member] | Other Invested Assets [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Other invested assets | 14.5 | 11.2 | ||||
Other Invested Assets [Member] | Option Pricing [Member] | Other Invested Assets [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Nomura Fund Linked Note [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Other invested assets | 11.7 | |||||
Estimate of Fair Value Measurement [Member] | Fair Value, Measurements, Recurring [Member] | Front Street Future Policyholder Benefits Reserve [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivative Liability | 594.6 | 151.3 | ||||
Estimate of Fair Value Measurement [Member] | Fair Value, Measurements, Recurring [Member] | Future Contracts [Member]
|
||||||
Derivatives, Fair Value [Line Items] | ||||||
Derivative Liability | $ 0.1 | |||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Contingent purchase price reduction receivable. No definition available.
|
X | ||||||||||
- Definition
Funds Withheld Receivable No definition available.
|
X | ||||||||||
- Definition
Other Invested Assets No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Derivative Financial Instruments - Summary of Gain (Loss) Recognized in Income on Derivatives (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Increase Decrease In Fair Value Of Equity Conversion Feature Of Preferred Stock | $ (38.0) | $ 12.7 | ||
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net | (0.5) | 0.3 | 0.5 | 0.3 |
Equity Conversion Feature Of Preferred Stock [Member] | Increase Decrease In Fair Value Of Equity Conversion Feature Of Preferred Stock [Member]
|
||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Three months ended June 30, | 0 | 38.0 | (12.7) | |
Commodity contracts [Member] | Other (expense) income, net [Member]
|
||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Three months ended June 30, | (2.7) | (2.2) | 21.3 | (12.4) |
Bronze Commodity Contract [Member] | Consumer products cost of goods sold [Member]
|
||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Three months ended June 30, | 0 | 0.1 | 0 | 0 |
Bronze Commodity Contract [Member] | Net investment gains [Member]
|
||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Three months ended June 30, | (0.5) | 0.3 | 0.5 | 0.3 |
Foreign Exchange Contract [Member] | Other (expense) income, net [Member]
|
||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Three months ended June 30, | 5.0 | (0.2) | (2.4) | 0.4 |
Call options [Member] | Net investment gains [Member]
|
||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Three months ended June 30, | (7.6) | 91.1 | 25.6 | 226.6 |
Futures contracts [Member] | Net investment gains [Member]
|
||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Three months ended June 30, | 0 | 10.5 | 4.3 | 24.9 |
FIA embedded derivatives [Member] | Benefits and other changes in policy reserves [Member]
|
||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Three months ended June 30, | $ (43.7) | $ 145.8 | $ 265.6 | $ 320.1 |
X | ||||||||||
- Definition
Increase decrease in fair value of equity conversion feature of preferred stock. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Derivative Financial Instruments - Additional Information (Detail) (USD $)
|
3 Months Ended | 6 Months Ended | 9 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Mar. 31, 2015
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
Futures contracts [Member]
Contract
|
Sep. 30, 2014
Futures contracts [Member]
Contract
|
Jun. 30, 2015
Nomura Fund Linked Note [Member]
|
Jun. 16, 2014
Nomura Fund Linked Note [Member]
|
Jun. 30, 2015
Call options [Member]
|
Sep. 30, 2014
Call options [Member]
|
Jun. 30, 2015
Swap [Member]
Natural Gas Commodity Contract [Member]
MMBTU
|
Sep. 30, 2014
Swap [Member]
Natural Gas Commodity Contract [Member]
MMBTU
|
Jun. 30, 2015
Swap [Member]
Oil Commodity Contract [Member]
MBbls
|
Sep. 30, 2014
Swap [Member]
Oil Commodity Contract [Member]
bbl
|
Mar. 31, 2015
Spectrum Brands [Member]
Standby Letters of Credit [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Standby Letters of Credit [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Zinc Commodity Swap Contract [Member]
T
|
Jun. 30, 2015
Spectrum Brands [Member]
Silver Commodity Swap Contract [Member]
T
|
Sep. 30, 2014
Spectrum Brands [Member]
Silver Commodity Swap Contract [Member]
T
|
Jun. 30, 2015
Spectrum Brands [Member]
Bronze Commodity Contract [Member]
T
|
Jun. 30, 2015
Spectrum Brands [Member]
Interest Rate Contract [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Interest Rate Contract [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Foreign Exchange Contract [Member]
|
Jun. 30, 2015
Remainder of 2014 [Member]
Swap [Member]
Natural Gas Commodity Contract [Member]
MMBTU
|
Jun. 30, 2015
Remainder of 2014 [Member]
Swap [Member]
Oil Commodity Contract [Member]
MBbls
|
Jun. 30, 2015
Year Two [Member]
Swap [Member]
Natural Gas Commodity Contract [Member]
|
Jun. 30, 2015
Not Designated as Hedging Instrument [Member]
|
Sep. 30, 2014
Not Designated as Hedging Instrument [Member]
|
Jun. 30, 2015
Cash and Cash Equivalents [Member]
Call options [Member]
|
Sep. 30, 2014
Cash and Cash Equivalents [Member]
Call options [Member]
|
Jun. 30, 2015
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Futures contracts [Member]
|
Sep. 30, 2014
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Futures contracts [Member]
|
Jun. 30, 2015
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Commodity contracts [Member]
|
Jun. 30, 2015
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
|
Sep. 30, 2014
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
|
Jun. 30, 2015
Bank of America [Member]
|
Jun. 30, 2015
Bank of America [Member]
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
|
Sep. 30, 2014
Bank of America [Member]
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
|
Jun. 30, 2014
Commercial Mortgage Backed Securities [Member]
|
||||||||||||||
Derivative Financial Instruments [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | $ 18,100,000 | [1] | $ (18,900,000) | [2] | $ (15,400,000) | [3] | $ (23,900,000) | [4] | $ (6,000,000) | [4] | |||||||||||||||||||||||||||||||||||||||||||
Document Period End Date | Jun. 30, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative, Fixed Interest Rate | 0.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Asset, Collateral, Obligation to Return Cash, Offset | 118,800,000 | 188,000,000 | 103,900,000 | 135,500,000 | 14,900,000 | 52,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||
Derivative, Average Forward Price | 2.92 | 60.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Natural Gas, Volume | 7,980,000 | 6,821,000 | 5,520,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Asset, Fair Value, Gross Asset | 220,100,000 | 7,602,600,000 | 248,600,000 | 324,100,000 | 300,000 | 0 | 10,300,000 | 220,100,000 | 296,300,000 | 58,700,000 | 2,239,900,000 | ||||||||||||||||||||||||||||||||||||||||||
Contract value | 17,000,000 | 139,200,000 | 108,900,000 | 8,100,000 | 293,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
Derivative, Nonmonetary Notional Amount | 200,000 | 400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative net loss/gain | (800,000) | 1,000,000 | 400,000 | 2,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
Derivative net loss/gain, net of tax benefit/expense | 100,000 | 900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Estimated amount of derivative net losses/gains to be reclassified from AOCI into earnings over the next twelve months | 700,000 | 800,000 | 800,000 | 2,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
Derivative, Notional Amount | 8,972,300,000 | 8,972,300,000 | 296,300,000 | 300,000,000 | 2,438,400,000 | 92,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||
Weight of raw materials under derivative contract | 0 | 10,000 | 0 | 1,700 | |||||||||||||||||||||||||||||||||||||||||||||||||
Cash collateral | 8,300,000 | 10,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Futures contracts | 1,819 | 2,348 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative, Percentage of Production Volume Covered by Derivative Financial Instruments | 64.00% | 68.00% | 58.00% | 0.00% | |||||||||||||||||||||||||||||||||||||||||||||||||
Derivative, Commodity Contract, Oil Volume | 290,000 | 254,000 | 125,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Asset, Fair Value, Amount Offset Against Collateral | 101,300,000 | 108,300,000 | 43,800,000 | 40,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
Investment Owned, Balance, Principal Amount | 35,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Embedded Derivative, Fair Value of Embedded Derivative Liability | $ 11,700,000 | $ 11,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Accumulated other comprehensive income loss cumulative gain loss from derivative instrument before tax. No definition available.
|
X | ||||||||||
- Definition
Accumulated other comprehensive income loss cumulative gain loss from derivative instrument tax. No definition available.
|
X | ||||||||||
- Definition
Call options purchased to fund the next index credit. No definition available.
|
X | ||||||||||
- Definition
Call options purchased to match the funding requirements. No definition available.
|
X | ||||||||||
- Definition
Derivative, Commodity Contract, Natural Gas Volume No definition available.
|
X | ||||||||||
- Definition
Derivative, Commodity Contract, Oil Volume No definition available.
|
X | ||||||||||
- Definition
Derivative Contracts Market Value No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Derivative, Percentage of Production Volume Covered by Derivative Financial Instruments No definition available.
|
X | ||||||||||
- Definition
Weight of raw material under derivative contract. No definition available.
|
X | ||||||||||
- Definition
Aggregate notional amount of derivative expressed in nonmonetary units. For example, the number of barrels specified in a fuel oil forward purchase contract. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Derivative Financial Instruments - FGL's Exposure to Credit Loss on Call Options Held (Detail) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | ||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2015
Bank of America [Member]
|
Jun. 30, 2015
Deutsche Bank [Member]
|
Jun. 30, 2015
Morgan Stanley [Member]
|
Jun. 30, 2015
Barclay's Bank [Member]
|
Jun. 30, 2015
Call options [Member]
|
Sep. 30, 2014
Call options [Member]
|
Jun. 30, 2015
Not Designated as Hedging Instrument [Member]
|
Sep. 30, 2014
Not Designated as Hedging Instrument [Member]
|
Jun. 30, 2015
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
|
Sep. 30, 2014
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
|
Jun. 30, 2015
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
Bank of America [Member]
|
Sep. 30, 2014
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
Bank of America [Member]
|
Jun. 30, 2015
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
Deutsche Bank [Member]
|
Sep. 30, 2014
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
Deutsche Bank [Member]
|
Jun. 30, 2015
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
Morgan Stanley [Member]
|
Sep. 30, 2014
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
Morgan Stanley [Member]
|
Jun. 30, 2015
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
Barclay's Bank [Member]
|
Sep. 30, 2014
Derivatives For Trading And Investment [Member]
Not Designated as Hedging Instrument [Member]
Call options [Member]
Barclay's Bank [Member]
|
|||||||
Derivatives, Fair Value [Line Items] | |||||||||||||||||||||||||
Document Period End Date | Jun. 30, 2015 | ||||||||||||||||||||||||
Derivative Asset, Fair Value, Amount Offset Against Collateral | $ 101.3 | $ 108.3 | $ 43.8 | $ 40.2 | $ 32.4 | $ 35.5 | $ 23.8 | $ 22.0 | $ 1.3 | $ 10.6 | |||||||||||||||
Credit Rating (Moody's/S&P) | A/*/A | [1] | */A1/A | [1] | A/A3/BBB+ | [1] | A/A2/A- | [1] | |||||||||||||||||
Derivative, Notional Amount | 8,972.3 | 2,438.4 | 2,660.1 | 3,746.8 | 127.0 | 296.3 | 92.7 | 108.0 | 85.0 | 10.6 | |||||||||||||||
Derivative Asset, Fair Value, Gross Asset | 220.1 | 7,602.6 | 248.6 | 324.1 | 220.1 | 296.3 | 58.7 | 2,239.9 | 71.8 | 2,810.0 | 88.3 | 2,294.7 | 1.3 | 258.0 | |||||||||||
Derivative Asset, Collateral, Obligation to Return Cash, Offset | $ 118.8 | $ 188.0 | $ 14.9 | $ 52.5 | $ 39.4 | $ 72.5 | $ 64.5 | $ 63.0 | $ 0 | $ 0 | |||||||||||||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Derivative instrument credit rating. No definition available.
|
X | ||||||||||
- Definition
Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Derivative Financial Instruments Derivative Financial Instruments - Oil and Gas Commodity Contracts (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
Swap [Member]
Natural Gas Commodity Contract [Member]
MMBTU
|
Sep. 30, 2014
Swap [Member]
Natural Gas Commodity Contract [Member]
MMBTU
|
Jun. 30, 2015
Swap [Member]
Natural Gas Commodity Contract [Member]
Remainder of 2014 [Member]
MMBTU
|
Jun. 30, 2015
Swap [Member]
Oil Commodity Contract [Member]
MBbls
|
Sep. 30, 2014
Swap [Member]
Oil Commodity Contract [Member]
bbl
|
Jun. 30, 2015
Swap [Member]
Oil Commodity Contract [Member]
Remainder of 2014 [Member]
MBbls
|
Jun. 30, 2015
Swap [Member]
Energy Related Derivative [Member]
|
Jun. 30, 2015
Collar [Member]
Natural Gas Commodity Contract [Member]
Remainder of 2014 [Member]
|
Jun. 30, 2015
Collar [Member]
Oil Commodity Contract [Member]
Remainder of 2014 [Member]
MBbls
|
Jun. 30, 2015
Three-way collar [Member]
Natural Gas Commodity Contract [Member]
Remainder of 2014 [Member]
|
Jun. 30, 2015
Three-way collar [Member]
Oil Commodity Contract [Member]
Remainder of 2014 [Member]
MBbls
|
Jun. 30, 2015
Commodity Option [Member]
Natural Gas Commodity Contract [Member]
Remainder of 2014 [Member]
MMBTU
|
Jun. 30, 2015
Commodity Option [Member]
Natural Gas Commodity Contract- Short put [Member]
Remainder of 2014 [Member]
|
Jun. 30, 2015
Commodity Option [Member]
Natural Gas Commodity Option Contract- Short call [Member] [Member]
Remainder of 2014 [Member]
|
Jun. 30, 2015
Commodity Option [Member]
Natural Gas Commodity Commodity Contract- Long put [Member]
Remainder of 2014 [Member]
|
Jun. 30, 2015
Short put [Member]
Three-way collar [Member]
Oil Commodity Contract [Member]
Remainder of 2014 [Member]
|
Jun. 30, 2015
Long put [Member]
Collar [Member]
Oil Commodity Contract [Member]
Remainder of 2014 [Member]
|
Jun. 30, 2015
Long put [Member]
Three-way collar [Member]
Oil Commodity Contract [Member]
Remainder of 2014 [Member]
|
Jun. 30, 2015
Short call [Member]
Collar [Member]
Oil Commodity Contract [Member]
Remainder of 2014 [Member]
|
Jun. 30, 2015
Short call [Member]
Three-way collar [Member]
Oil Commodity Contract [Member]
Remainder of 2014 [Member]
|
|
Derivative [Line Items] | ||||||||||||||||||||||||
Derivative, Percentage of Production Volume Covered by Derivative Financial Instruments | 64.00% | 68.00% | 58.00% | 0.00% | ||||||||||||||||||||
Natural Gas, Volume | 7,980,000 | 6,821,000 | 5,520,000 | 2,460,000 | ||||||||||||||||||||
Weighted average strike price per Mmbtu/Bbl | 3.95 | 94.98 | 2.10 | 3.27 | 2.85 | 45.00 | 50.00 | 60.00 | 67.50 | 80.00 | ||||||||||||||
Fair Value at June 30, 2015 | $ 6.0 | $ 5.8 | $ 4.3 | $ 4.3 | $ 10.3 | $ 0 | $ 0 | $ 0.2 | ||||||||||||||||
Derivative, Commodity Contract, Oil Volume | 290,000 | 254,000 | 125,000 | 55,000 | 110,000 |
X | ||||||||||
- Definition
Derivative, Commodity Contract, Natural Gas Volume No definition available.
|
X | ||||||||||
- Definition
Derivative, Commodity Contract, Oil Volume No definition available.
|
X | ||||||||||
- Definition
Derivative, Percentage of Production Volume Covered by Derivative Financial Instruments No definition available.
|
X | ||||||||||
- Definition
Derivative, Swap Type, Average Strike Price No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Fair Value of Financial Instruments - Assets and Liabilities Carrying at Fair Value on Non-Recurring Basis (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | |||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Mar. 31, 2015
|
Sep. 30, 2014
|
Mar. 31, 2014
|
Sep. 30, 2013
|
||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Document Period End Date | Jun. 30, 2015 | ||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | $ 1,148.1 | $ 930.6 | $ 1,148.1 | $ 930.6 | $ 1,222.9 | $ 1,066.0 | $ 755.6 | $ 523.5 | |||||||||||||||||||
Assets | |||||||||||||||||||||||||||
Cash and cash equivalents | 1,293.2 | 1,455.9 | 1,293.2 | 1,455.9 | 1,319.2 | 1,899.7 | |||||||||||||||||||||
Derivatives, Assets | |||||||||||||||||||||||||||
Derivatives | 220.4 | 220.4 | 296.3 | ||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Asset-backed loans | 490.0 | 490.0 | 811.6 | ||||||||||||||||||||||||
Other invested assets | 442.4 | 442.4 | 165.0 | ||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | (13.8) | 1.5 | (4.9) | 2.1 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) | (24.1) | 15.9 | 4.3 | 20.5 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases | 191.0 | 186.8 | 425.3 | ||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales | (1.6) | (1.0) | (1.6) | (1.0) | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | (53.4) | (13.5) | (87.1) | (15.9) | |||||||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | 18.1 | [1] | (18.9) | [2] | (15.4) | [3] | (23.9) | [4] | |||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value | 2,768.3 | 2,019.4 | 2,768.3 | 2,019.4 | 2,801.9 | 2,059.4 | 2,234.5 | 1,875.2 | |||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings | (75.4) | 112.9 | 240.3 | 340.9 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Other Comprehensive Income (Loss) | 0 | 0 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases | 77.6 | 0 | 514.6 | 150.6 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales | 0 | 0 | 0 | 0 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements | (35.8) | (328.0) | (46.0) | (347.3) | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Transfers, Net | 0 | [1] | 0 | [2] | 0 | [3] | 0 | [4] | |||||||||||||||||||
Asset-backed Securities [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 33.1 | 5.9 | 33.1 | 5.9 | 34.3 | 37.0 | 10.7 | 5.0 | |||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 0 | 0.1 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) | (0.1) | (0.1) | (0.3) | ||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases | 0 | 6.7 | 5.0 | ||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | (0.1) | (0.2) | |||||||||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | (1.0) | [3] | (4.8) | [2] | (10.4) | [3] | (3.8) | [4] | |||||||||||||||||||
Commercial Mortgage Backed Securities [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 140.1 | 83.9 | 140.1 | 83.9 | 142.5 | 83.1 | 5.7 | ||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) | (1.9) | 0.1 | 0.4 | 0.4 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases | 83.8 | 57.7 | 83.8 | ||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | (0.5) | (1.1) | |||||||||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | (6.0) | [4] | |||||||||||||||||||||||||
Corporate Debt Securities [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 916.9 | 745.2 | 916.9 | 745.2 | 941.1 | 850.0 | 657.0 | 461.1 | |||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 0 | 2.3 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) | (20.0) | 14.4 | 3.3 | 18.4 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases | 0 | 88.9 | 122.4 | 283.2 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales | (1.6) | (1.0) | (1.6) | (1.0) | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | (2.6) | (35.4) | (2.4) | ||||||||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | (14.1) | [2] | (24.1) | [3] | (14.1) | [4] | |||||||||||||||||||||
Municipals [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 37.5 | 36.5 | 37.5 | 36.5 | 39.8 | 37.2 | 35.6 | ||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 0 | 0 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) | (2.1) | 0.9 | 0.7 | 1.5 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases | 0 | 0 | 35.0 | ||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales | 0 | 0 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | (0.2) | (0.4) | |||||||||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | 0 | [1] | 0 | [3] | |||||||||||||||||||||||
Held for trading [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 0 | 0 | 0 | 0 | |||||||||||||||||||||||
Equity Securities [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 6.0 | 0 | 6.0 | 0 | 6.0 | 6.0 | 10.8 | 10.7 | |||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 1.2 | 1.3 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) | 0 | 0 | 0 | 0 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases | 0 | 1.5 | 0 | 1.5 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales | 0 | 0 | 0 | 0 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | 0 | (13.5) | 0 | (13.5) | |||||||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | 0 | [1] | 0 | [2] | 0 | [3] | 0 | [4] | |||||||||||||||||||
Nomura Fund Linked Note [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 14.5 | 11.6 | 14.5 | 11.6 | 12.2 | 11.2 | 0 | 0 | |||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) | 0 | 0 | 0 | 0 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases | 0 | 11.3 | 0 | 11.3 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales | 0 | 0 | 0 | 0 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | 0 | 0 | 0 | 0 | |||||||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | 19.1 | [1] | 0 | [1] | 19.1 | [3] | 0 | [1] | |||||||||||||||||||
Embedded Derivative Financial Instruments [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | (16.8) | 0.3 | (15.8) | 0.3 | |||||||||||||||||||||||
Other Invested Assets [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Trading Securities | 165.0 | ||||||||||||||||||||||||||
Level 2 [Member]
|
|||||||||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||
Total debt | 6,941.9 | [5],[6] | 6,941.9 | [5],[6] | 5,308.5 | [5],[6] | |||||||||||||||||||||
Level 3 [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Asset-backed loans | 490.0 | [5] | 490.0 | [5] | 151.7 | [5] | |||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||
Total debt | 65.4 | [5],[6] | 65.4 | [5],[6] | |||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Liabilities Related to Investment Contracts, Fair Value Disclosure | 14,016.1 | [5] | 14,016.1 | [5] | 13,108.8 | [5] | |||||||||||||||||||||
Level 3 [Member] | Policy loans [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Policy loans and other invested assets | 427.9 | [5] | 427.9 | [5] | 811.6 | [5] | |||||||||||||||||||||
Recurring [Member]
|
|||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||
Contingent Purchase Price Reduction Receivable Fair Value Disclosure | 0 | 0 | 41.5 | ||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Liabilities, Fair Value Disclosure, Recurring | 2,773.1 | 2,773.1 | 2,062.2 | ||||||||||||||||||||||||
Funds Withheld Receivable | 641.7 | [7] | 641.7 | [7] | 154.4 | [7] | |||||||||||||||||||||
Assets, Fair Value Disclosure, Recurring | 19,238.2 | 19,238.2 | 18,501.7 | ||||||||||||||||||||||||
Recurring [Member] | U.S. Government securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 596.3 | 596.3 | 296.0 | ||||||||||||||||||||||||
Recurring [Member] | Foreign exchange forward agreements [Member]
|
|||||||||||||||||||||||||||
Derivatives, Assets | |||||||||||||||||||||||||||
Derivatives | 12.8 | ||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 1.0 | 1.0 | 0.5 | ||||||||||||||||||||||||
Recurring [Member] | Commodity Option [Member]
|
|||||||||||||||||||||||||||
Derivatives, Assets | |||||||||||||||||||||||||||
Derivatives | 10.3 | 10.3 | 3.2 | ||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 1.6 | 1.6 | 0.4 | ||||||||||||||||||||||||
Recurring [Member] | Call options [Member]
|
|||||||||||||||||||||||||||
Derivatives, Assets | |||||||||||||||||||||||||||
Derivatives | 220.4 | 220.4 | 296.3 | ||||||||||||||||||||||||
Recurring [Member] | Available For Sale Embedded Derivatives [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Equity securities - available-for-sale | 579.6 | 579.6 | 663.6 | ||||||||||||||||||||||||
Recurring [Member] | FIA embedded derivatives, included in contractholder funds [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 2,173.7 | 2,173.7 | 1,908.1 | ||||||||||||||||||||||||
Recurring [Member] | Interest Rate Contract [Member]
|
|||||||||||||||||||||||||||
Derivatives, Assets | |||||||||||||||||||||||||||
Derivatives | 0 | 0 | 0.6 | ||||||||||||||||||||||||
Recurring [Member] | Interest Rate Swap [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 2.2 | 2.2 | 1.8 | ||||||||||||||||||||||||
Recurring [Member] | Asset-backed Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 1,887.5 | 1,887.5 | 1,792.9 | ||||||||||||||||||||||||
Recurring [Member] | Commercial Mortgage Backed Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 821.6 | 821.6 | 636.9 | ||||||||||||||||||||||||
Recurring [Member] | Corporate Debt Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 9,551.1 | 9,551.1 | 9,795.8 | ||||||||||||||||||||||||
Recurring [Member] | Hybrids [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 1,241.1 | 1,241.1 | 1,316.1 | ||||||||||||||||||||||||
Recurring [Member] | Municipals [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 1,450.6 | 1,450.6 | 1,259.8 | ||||||||||||||||||||||||
Recurring [Member] | Residential Mortgage Backed Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 2,175.4 | 2,175.4 | 2,114.0 | ||||||||||||||||||||||||
Recurring [Member] | Equity [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Trading Securities | 41.9 | 41.9 | 104.5 | ||||||||||||||||||||||||
Recurring [Member] | Other Invested Assets [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Other invested assets | 14.5 | 14.5 | 13.3 | ||||||||||||||||||||||||
Recurring [Member] | Level 1 [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Total financial assets | 1,293.2 | [5] | 1,293.2 | [5] | 1,319.2 | [5] | |||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Financial Liabilities Fair Value Disclosure | 0 | [5] | 0 | [5] | 0 | [5] | |||||||||||||||||||||
Liabilities, Fair Value Disclosure, Recurring | 0 | 0 | 0 | ||||||||||||||||||||||||
Funds Withheld Receivable | 45.8 | [7] | 45.8 | [7] | 0 | [7] | |||||||||||||||||||||
Assets, Fair Value Disclosure, Recurring | 527.8 | 527.8 | 279.3 | ||||||||||||||||||||||||
Recurring [Member] | Level 1 [Member] | U.S. Government securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 413.4 | 413.4 | 115.6 | ||||||||||||||||||||||||
Recurring [Member] | Level 1 [Member] | Available For Sale Embedded Derivatives [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Equity securities - available-for-sale | 26.7 | 26.7 | 59.2 | ||||||||||||||||||||||||
Recurring [Member] | Level 1 [Member] | Fixed Maturities [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Cash and Cash Equivalents, Fair Value Disclosure | 1,293.2 | [5] | 1,293.2 | [5] | 1,319.2 | [5] | |||||||||||||||||||||
Recurring [Member] | Level 1 [Member] | Equity [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Trading Securities | 41.9 | 41.9 | 104.5 | ||||||||||||||||||||||||
Recurring [Member] | Level 1 [Member] | Other Invested Assets [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Other invested assets | 0 | 0 | 0 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Total financial assets | 0 | [5] | 0 | [5] | 0 | [5] | |||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Financial Liabilities Fair Value Disclosure | 6,941.9 | [5] | 6,941.9 | [5] | 5,308.5 | [5] | |||||||||||||||||||||
Liabilities, Fair Value Disclosure, Recurring | 4.8 | 4.8 | 2.8 | ||||||||||||||||||||||||
Funds Withheld Receivable | 595.9 | [7] | 595.9 | [7] | 154.4 | [7] | |||||||||||||||||||||
Assets, Fair Value Disclosure, Recurring | 17,562.3 | 17,562.3 | 17,156.4 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | U.S. Government securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 182.9 | 182.9 | 180.4 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Foreign exchange forward agreements [Member]
|
|||||||||||||||||||||||||||
Derivatives, Assets | |||||||||||||||||||||||||||
Derivatives | 12.8 | ||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 1.0 | 1.0 | 0.5 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Commodity Option [Member]
|
|||||||||||||||||||||||||||
Derivatives, Assets | |||||||||||||||||||||||||||
Derivatives | 10.3 | 10.3 | 3.2 | ||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 1.6 | 1.6 | 0.4 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Call options [Member]
|
|||||||||||||||||||||||||||
Derivatives, Assets | |||||||||||||||||||||||||||
Derivatives | 220.4 | 220.4 | 296.3 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Available For Sale Embedded Derivatives [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Equity securities - available-for-sale | 546.9 | 546.9 | 598.4 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Future Contracts [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 0.1 | ||||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Interest Rate Contract [Member]
|
|||||||||||||||||||||||||||
Derivatives, Assets | |||||||||||||||||||||||||||
Derivatives | 0 | 0 | 0.6 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Interest Rate Swap [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 2.2 | 2.2 | 1.8 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Asset-backed Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 1,854.4 | 1,854.4 | 1,755.9 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Commercial Mortgage Backed Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 681.5 | 681.5 | 553.8 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Corporate Debt Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 8,634.2 | 8,634.2 | 8,945.8 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Hybrids [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 1,241.1 | 1,241.1 | 1,316.1 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Municipals [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 1,413.1 | 1,413.1 | 1,222.6 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Residential Mortgage Backed Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 2,175.4 | 2,175.4 | 2,114.0 | ||||||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Fixed Maturities [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Cash and Cash Equivalents, Fair Value Disclosure | 0 | [5] | 0 | [5] | 0 | [5] | |||||||||||||||||||||
Recurring [Member] | Level 2 [Member] | Other Invested Assets [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Other invested assets | 2.1 | ||||||||||||||||||||||||||
Recurring [Member] | Level 3 [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Total financial assets | 917.9 | [5] | 917.9 | [5] | 963.3 | [5] | |||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Financial Liabilities Fair Value Disclosure | 14,081.5 | [5] | 14,081.5 | [5] | 13,108.8 | [5] | |||||||||||||||||||||
Liabilities, Fair Value Disclosure, Recurring | 2,768.3 | 2,768.3 | 2,059.4 | ||||||||||||||||||||||||
Funds Withheld Receivable | 0 | [7] | 0 | [7] | 0 | [7] | |||||||||||||||||||||
Assets, Fair Value Disclosure, Recurring | 1,148.1 | 1,148.1 | 1,066.0 | ||||||||||||||||||||||||
Recurring [Member] | Level 3 [Member] | FIA embedded derivatives, included in contractholder funds [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 2,173.7 | 2,173.7 | 1,908.1 | ||||||||||||||||||||||||
Recurring [Member] | Level 3 [Member] | Front Street Future Policyholder Benefits Reserve [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 594.6 | 594.6 | 151.3 | ||||||||||||||||||||||||
Recurring [Member] | Level 3 [Member] | Asset-backed Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 33.1 | 33.1 | |||||||||||||||||||||||||
Recurring [Member] | Level 3 [Member] | Commercial Mortgage Backed Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 140.1 | 140.1 | |||||||||||||||||||||||||
Recurring [Member] | Level 3 [Member] | Corporate Debt Securities [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 916.9 | 916.9 | 850.0 | ||||||||||||||||||||||||
Recurring [Member] | Level 3 [Member] | Hybrids [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 0 | 0 | 0 | ||||||||||||||||||||||||
Recurring [Member] | Level 3 [Member] | Municipals [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Available-for-sale Securities | 37.2 | ||||||||||||||||||||||||||
Recurring [Member] | Level 3 [Member] | Fixed Maturities [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Cash and Cash Equivalents, Fair Value Disclosure | 0 | [5] | 0 | [5] | 0 | [5] | |||||||||||||||||||||
Recurring [Member] | Level 3 [Member] | Other Invested Assets [Member] | Other Invested Assets [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Other invested assets | 14.5 | 14.5 | 11.2 | ||||||||||||||||||||||||
Contingent Purchase Price Reduction Receivable [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 41.5 | 41.5 | 47.0 | 41.5 | 41.5 | 41.0 | |||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 3.0 | 8.5 | 0.5 | ||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements | (50.0) | (50.0) | |||||||||||||||||||||||||
Contingent Purchase Price Reduction Receivable [Member] | Recurring [Member] | Level 3 [Member]
|
|||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||
Contingent Purchase Price Reduction Receivable Fair Value Disclosure | 0 | 0 | 41.5 | ||||||||||||||||||||||||
FIA embedded derivatives, included in contractholder funds [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value | 2,173.7 | 1,864.5 | 2,173.7 | 1,864.5 | 2,217.4 | 1,908.1 | 1,718.7 | 1,544.4 | |||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings | (43.7) | 145.8 | 265.6 | 320.1 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Other Comprehensive Income (Loss) | 0 | 0 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases | 0 | 0 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales | 0 | 0 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements | 0 | 0 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Transfers, Net | 0 | [2] | 0 | [4] | |||||||||||||||||||||||
Front Street Future Policyholder Benefits Reserve [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value | 594.6 | 154.9 | 594.6 | 154.9 | 584.5 | 151.3 | 151.0 | ||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings | (31.7) | 5.1 | (25.3) | 8.1 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases | 77.6 | 514.6 | 150.6 | ||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements | (35.8) | (1.2) | (46.0) | (3.8) | |||||||||||||||||||||||
Equity conversion feature of preferred stock [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value | 0 | 0 | 364.8 | 330.8 | |||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings | (38.0) | 12.7 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Other Comprehensive Income (Loss) | 0 | 0 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases | 0 | 0 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales | 0 | 0 | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements | (326.8) | (343.5) | |||||||||||||||||||||||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Transfers, Net | 0 | [2] | 0 | [4] | |||||||||||||||||||||||
Estimate of Fair Value Measurement [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Asset-backed loans | 490.0 | [5] | 490.0 | [5] | 151.7 | [5] | |||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||
Total debt | 7,007.3 | [5],[6] | 7,007.3 | [5],[6] | 5,308.5 | [5],[6] | |||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Liabilities Related to Investment Contracts, Fair Value Disclosure | 14,016.1 | [5] | 14,016.1 | [5] | 13,108.8 | [5] | |||||||||||||||||||||
Estimate of Fair Value Measurement [Member] | Policy loans [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Policy loans and other invested assets | 427.9 | [5] | 427.9 | [5] | 811.6 | [5] | |||||||||||||||||||||
Estimate of Fair Value Measurement [Member] | Recurring [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Total financial assets | 2,211.1 | [5] | 2,211.1 | [5] | 2,282.5 | [5] | |||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Financial Liabilities Fair Value Disclosure | 21,023.4 | [5] | 21,023.4 | [5] | 18,417.3 | [5] | |||||||||||||||||||||
Estimate of Fair Value Measurement [Member] | Recurring [Member] | Future Contracts [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 0.1 | ||||||||||||||||||||||||||
Estimate of Fair Value Measurement [Member] | Recurring [Member] | Front Street Future Policyholder Benefits Reserve [Member]
|
|||||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Derivative Liability | 594.6 | 594.6 | 151.3 | ||||||||||||||||||||||||
Estimate of Fair Value Measurement [Member] | Recurring [Member] | Fixed Maturities [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Cash and Cash Equivalents, Fair Value Disclosure | 1,293.2 | [5] | 1,293.2 | [5] | 1,319.2 | [5] | |||||||||||||||||||||
Reported Value Measurement [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Asset-backed loans | 490.0 | [5] | 490.0 | [5] | 151.7 | [5] | |||||||||||||||||||||
Total financial assets | 2,211.1 | [5] | 2,211.1 | [5] | |||||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||
Total debt | 6,832.7 | [5],[6] | 6,832.7 | [5],[6] | 5,157.8 | [5],[6] | |||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Liabilities Related to Investment Contracts, Fair Value Disclosure | 15,530.1 | [5] | 15,530.1 | [5] | 14,555.4 | [5] | |||||||||||||||||||||
Financial Liabilities Fair Value Disclosure | 22,362.8 | [5] | 22,362.8 | [5] | |||||||||||||||||||||||
Reported Value Measurement [Member] | Policy loans [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Policy loans and other invested assets | 427.9 | [5] | 427.9 | [5] | 811.6 | [5] | |||||||||||||||||||||
Reported Value Measurement [Member] | Recurring [Member]
|
|||||||||||||||||||||||||||
Fixed maturity securities, available-for-sale: | |||||||||||||||||||||||||||
Total financial assets | 2,282.5 | [5] | |||||||||||||||||||||||||
Derivatives, Liabilities | |||||||||||||||||||||||||||
Financial Liabilities Fair Value Disclosure | 19,713.2 | [5] | |||||||||||||||||||||||||
Reported Value Measurement [Member] | Recurring [Member] | Fixed Maturities [Member]
|
|||||||||||||||||||||||||||
Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items] | |||||||||||||||||||||||||||
Cash and Cash Equivalents, Fair Value Disclosure | $ 1,293.2 | [5] | $ 1,293.2 | [5] | $ 1,319.2 | [5] | |||||||||||||||||||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Asset backed loans and other invested assets. No definition available.
|
X | ||||||||||
- Definition
Assets fair value disclosure and measurement. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Contingent purchase price reduction receivable. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Funds Withheld Receivable No definition available.
|
X | ||||||||||
- Definition
Other Invested Assets No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
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 |
9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Sep. 30, 2014
|
Jun. 30, 2015
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Asset-backed Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Asset-backed Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Municipal [Member]
Broker Quoted [Member]
|
Jun. 30, 2015
Commercial Mortgage Backed Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Commercial Mortgage Backed Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Commercial Mortgage Backed Securities [Member]
Broker Quoted [Member]
|
Jun. 30, 2015
Corporate Debt Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Corporate Debt Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Corporate Debt Securities [Member]
Broker Quoted [Member]
|
Sep. 30, 2014
Corporate Debt Securities [Member]
Broker Quoted [Member]
|
Jun. 30, 2015
Corporate Debt Securities [Member]
Matrix Pricing [Member]
|
Sep. 30, 2014
Corporate Debt Securities [Member]
Matrix Pricing [Member]
|
Jun. 30, 2015
Hybrids [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Hybrids [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Municipal Bonds [Member]
Broker Quoted [Member]
|
Jun. 30, 2015
Municipals [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Municipals [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Equities [Member]
Broker Quoted [Member]
|
Jun. 30, 2015
Other Invested Assets [Member]
Black Scholes Model [Member]
|
Jun. 30, 2015
Other Invested Assets [Member]
Discounted Cash Flow [Member]
|
Jun. 30, 2015
Contingent Purchase Price Reduction Receivable [Member]
Discounted Cash Flow [Member]
|
Jun. 30, 2015
Available For Sale Embedded Derivatives [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Available For Sale Embedded Derivatives [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Nomura Fund Linked Note [Member]
|
Jun. 16, 2014
Nomura Fund Linked Note [Member]
|
Jun. 30, 2015
Fixed Index Annuity [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Fixed Index Annuity [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Front Street Future Policyholder Benefits Reserve [Member]
Discounted Cash Flow [Member]
|
Jun. 30, 2015
Minimum [Member]
Asset-backed Securities [Member]
|
Sep. 30, 2014
Minimum [Member]
Asset-backed Securities [Member]
|
Jun. 30, 2015
Minimum [Member]
Asset-backed Securities [Member]
Matrix Pricing [Member]
|
Sep. 30, 2014
Minimum [Member]
Asset-backed Securities [Member]
Matrix Pricing [Member]
|
Jun. 30, 2015
Minimum [Member]
Commercial Mortgage Backed Securities [Member]
|
Sep. 30, 2014
Minimum [Member]
Commercial Mortgage Backed Securities [Member]
|
Jun. 30, 2015
Minimum [Member]
Corporate Debt Securities [Member]
|
Sep. 30, 2014
Minimum [Member]
Corporate Debt Securities [Member]
Broker Quoted [Member]
|
Sep. 30, 2014
Minimum [Member]
Corporate Debt Securities [Member]
Matrix Pricing [Member]
|
Sep. 30, 2014
Minimum [Member]
Hybrids [Member]
|
Jun. 30, 2015
Minimum [Member]
Contingent Purchase Price Reduction Receivable [Member]
|
Sep. 30, 2014
Minimum [Member]
Contingent Purchase Price Reduction Receivable [Member]
|
Jun. 30, 2015
Minimum [Member]
Fixed Index Annuity [Member]
|
Sep. 30, 2014
Minimum [Member]
Fixed Index Annuity [Member]
|
Sep. 30, 2014
Minimum [Member]
Fixed Index Annuity [Member]
Discounted Cash Flow [Member]
|
Jun. 30, 2015
Maximum [Member]
Asset-backed Securities [Member]
|
Sep. 30, 2014
Maximum [Member]
Asset-backed Securities [Member]
|
Jun. 30, 2015
Maximum [Member]
Asset-backed Securities [Member]
Matrix Pricing [Member]
|
Sep. 30, 2014
Maximum [Member]
Asset-backed Securities [Member]
Matrix Pricing [Member]
|
Jun. 30, 2015
Maximum [Member]
Commercial Mortgage Backed Securities [Member]
|
Sep. 30, 2014
Maximum [Member]
Commercial Mortgage Backed Securities [Member]
|
Jun. 30, 2015
Maximum [Member]
Corporate Debt Securities [Member]
|
Sep. 30, 2014
Maximum [Member]
Corporate Debt Securities [Member]
Broker Quoted [Member]
|
Sep. 30, 2014
Maximum [Member]
Corporate Debt Securities [Member]
Matrix Pricing [Member]
|
Sep. 30, 2014
Maximum [Member]
Hybrids [Member]
|
Jun. 30, 2015
Maximum [Member]
Contingent Purchase Price Reduction Receivable [Member]
|
Sep. 30, 2014
Maximum [Member]
Contingent Purchase Price Reduction Receivable [Member]
|
Sep. 30, 2014
Maximum [Member]
Contingent Purchase Price Reduction Receivable [Member]
Discounted Cash Flow [Member]
|
Jun. 30, 2015
Maximum [Member]
Fixed Index Annuity [Member]
|
Sep. 30, 2014
Maximum [Member]
Fixed Index Annuity [Member]
|
Sep. 30, 2014
Maximum [Member]
Fixed Index Annuity [Member]
Discounted Cash Flow [Member]
|
Jun. 30, 2015
Weighted Average [Member]
Asset-backed Securities [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Asset-backed Securities [Member]
|
Jun. 30, 2015
Weighted Average [Member]
Asset-backed Securities [Member]
Matrix Pricing [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Asset-backed Securities [Member]
Matrix Pricing [Member]
|
Jun. 30, 2015
Weighted Average [Member]
Commercial Mortgage Backed Securities [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Commercial Mortgage Backed Securities [Member]
|
Jun. 30, 2015
Weighted Average [Member]
Corporate Debt Securities [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Corporate Debt Securities [Member]
Broker Quoted [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Corporate Debt Securities [Member]
Matrix Pricing [Member]
|
Jun. 30, 2015
Weighted Average [Member]
Municipal Debt Securities [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Hybrids [Member]
|
Jun. 30, 2015
Weighted Average [Member]
Equities [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Equities [Member]
|
Jun. 30, 2015
Weighted Average [Member]
Nomura Fund Linked Note [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Nomura Fund Linked Note [Member]
|
Jun. 30, 2015
Weighted Average [Member]
Contingent Purchase Price Reduction Receivable [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Contingent Purchase Price Reduction Receivable [Member]
|
Jun. 30, 2015
Weighted Average [Member]
Fixed Index Annuity [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Fixed Index Annuity [Member]
|
Sep. 30, 2014
Weighted Average [Member]
Fixed Index Annuity [Member]
Discounted Cash Flow [Member]
|
Jun. 30, 2015
Front Street Future Policyholder Benefits Reserve [Member]
Minimum [Member]
|
Sep. 30, 2014
Front Street Future Policyholder Benefits Reserve [Member]
Minimum [Member]
|
Jun. 30, 2015
Front Street Future Policyholder Benefits Reserve [Member]
Maximum [Member]
|
Sep. 30, 2014
Front Street Future Policyholder Benefits Reserve [Member]
Maximum [Member]
|
Jun. 30, 2015
Front Street Future Policyholder Benefits Reserve [Member]
Weighted Average [Member]
|
Sep. 30, 2014
Front Street Future Policyholder Benefits Reserve [Member]
Weighted Average [Member]
|
Jun. 30, 2015
Level 1 [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 1 [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 1 [Member]
Available For Sale Embedded Derivatives [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 1 [Member]
Available For Sale Embedded Derivatives [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 2 [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 2 [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 2 [Member]
Asset-backed Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 2 [Member]
Asset-backed Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 2 [Member]
Commercial Mortgage Backed Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 2 [Member]
Commercial Mortgage Backed Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 2 [Member]
Corporate Debt Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 2 [Member]
Corporate Debt Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 2 [Member]
Hybrids [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 2 [Member]
Hybrids [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 2 [Member]
Municipals [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 2 [Member]
Municipals [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 2 [Member]
Available For Sale Embedded Derivatives [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 2 [Member]
Available For Sale Embedded Derivatives [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 3 [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Asset-backed Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Asset-backed Securities [Member]
Broker Quoted [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 3 [Member]
Asset-backed Securities [Member]
Broker Quoted [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Commercial Mortgage Backed Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Commercial Mortgage Backed Securities [Member]
Broker Quoted [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 3 [Member]
Commercial Mortgage Backed Securities [Member]
Broker Quoted [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Corporate Debt Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 3 [Member]
Corporate Debt Securities [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Hybrids [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 3 [Member]
Hybrids [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Municipal Bonds [Member]
Market Pricing [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 3 [Member]
Municipals [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Contingent Purchase Price Reduction Receivable [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 3 [Member]
Contingent Purchase Price Reduction Receivable [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Available For Sale Embedded Derivatives [Member]
Equity Securities [Member]
Broker Quoted [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 3 [Member]
Available For Sale Embedded Derivatives [Member]
Equity Securities [Member]
Broker Quoted [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Fixed Index Annuity [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 3 [Member]
Fixed Index Annuity [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Level 3 [Member]
Front Street Future Policyholder Benefits Reserve [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Level 3 [Member]
Front Street Future Policyholder Benefits Reserve [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Other Invested Assets [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Other Invested Assets [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Other Invested Assets [Member]
Level 1 [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Other Invested Assets [Member]
Level 1 [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Other Invested Assets [Member]
Level 2 [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Other Invested Assets [Member]
Level 3 [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Other Invested Assets [Member]
Level 3 [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Other Invested Assets [Member]
Level 3 [Member]
Discounted Cash Flow [Member]
Fair Value, Measurements, Recurring [Member]
|
Sep. 30, 2014
Other Invested Assets [Member]
Level 3 [Member]
Discounted Cash Flow [Member]
Fair Value, Measurements, Recurring [Member]
|
Jun. 30, 2015
Other Invested Assets [Member]
Level 3 [Member]
Nomura Fund Linked Note [Member]
Option Pricing [Member]
Fair Value, Measurements, Recurring [Member]
|
|
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Document Period End Date | Jun. 30, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Assets, Fair Value Disclosure, Recurring | $ 19,238.2 | $ 18,501.7 | $ 527.8 | $ 279.3 | $ 17,562.3 | $ 17,156.4 | $ 1,148.1 | $ 1,066.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Valuation Technique | Broker-quoted | Broker-quoted | Matrix Pricing | Broker-quoted | Broker-quoted | Black Scholes model | Discounted cash flow | Discounted cash flow | Discounted cash flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Liability | 2,173.7 | 1,908.1 | 2,173.7 | 1,908.1 | 594.6 | 151.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Assets, Fair Value Disclosure | 1,148.1 | 1,066.0 | 883.8 | 848.0 | 33.1 | 2.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity securities - available-for-sale | 579.6 | 663.6 | 26.7 | 59.2 | 546.9 | 598.4 | 6.0 | 6.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Available-for-sale Securities | 1,887.5 | 1,792.9 | 821.6 | 636.9 | 9,551.1 | 9,795.8 | 1,241.1 | 1,316.1 | 1,450.6 | 1,259.8 | 1,854.4 | 1,755.9 | 681.5 | 553.8 | 8,634.2 | 8,945.8 | 1,241.1 | 1,316.1 | 1,413.1 | 1,222.6 | 33.1 | 33.1 | 37.0 | 140.1 | 140.1 | 83.1 | 916.9 | 850.0 | 0 | 0 | 37.5 | 37.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Contingent Purchase Price Reduction Receivable Fair Value Disclosure | 0 | 41.5 | 0 | 41.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Embedded Derivative, Fair Value of Embedded Derivative Liability | 11.7 | 11.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Other invested assets | 442.4 | 165.0 | 14.5 | 13.3 | 0 | 0 | 2.1 | 14.5 | 11.2 | 2.8 | 0 | 11.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Probability of collection | 0.00% | 88.00% | 0.00% | 96.00% | 94.00% | 92.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Expected term | 0 months 5 days | 4 months 5 days | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Discount rate | 1.00% | 1.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Credit insurance risk premium | 7.00% | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Quoted prices | 0.00% | 0.00% | 106.00% | 0.00% | 67.00% | 0.00% | 0.00% | 0.00% | 123.00% | 0.00% | 150.00% | 0.00% | 110.00% | 0.00% | 115.00% | 0.00% | 103.00% | 142.00% | 107.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Offered quotes | 0.00% | 100.00% | 100.00% | 105.00% | 75.00% | 62.00% | 0.00% | 109.00% | 121.00% | 121.00% | 123.00% | 120.00% | 100.00% | 101.00% | 114.00% | 118.00% | 103.00% | 100.00% | 115.00% | 100.00% | 100.00% | 100.00% | 100.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Liabilities, Fair Value Disclosure | $ 2,768.3 | $ 2,059.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Market value of option | 0.00% | 0.00% | 42.00% | 50.00% | 3.00% | 3.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SWAP rates | 2.00% | 3.00% | 2.00% | 2.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mortality multiplier | 80.00% | 80.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Surrender rates | 0.50% | 0.50% | 75.00% | 75.00% | 7.00% | 7.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Measurements Non Performance Spread | 0.25% | 0.25% | 0.50% | 0.50% | 1.50% | 1.50% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Risk margin for uncertainty | 1.00% | 0.50% |
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Contingent purchase price reduction receivable. No definition available.
|
X | ||||||||||
- Definition
Fair value inputs market value of option. No definition available.
|
X | ||||||||||
- Definition
Fair Value Inputs Mortality Multiplier No definition available.
|
X | ||||||||||
- Definition
Fair Value Inputs Non Performance Spread No definition available.
|
X | ||||||||||
- Definition
Fair Value Inputs Surrender Rates No definition available.
|
X | ||||||||||
- Definition
Credit insurance risk premium. No definition available.
|
X | ||||||||||
- Definition
Offered quotes. No definition available.
|
X | ||||||||||
- Definition
Fair value measurements probability of collection. No definition available.
|
X | ||||||||||
- Definition
Fair value measurements quoted prices. No definition available.
|
X | ||||||||||
- Definition
Fair value measurements swap rates. No definition available.
|
X | ||||||||||
- Definition
Other Invested Assets No definition available.
|
X | ||||||||||
- Definition
Risk margin for uncertainty No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Fair Value of Financial Instruments - Additional Information (Detail) (USD $)
|
3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
Asset Backed Securities and Corporate Securities [Member]
|
Jun. 30, 2015
Asset-backed Securities [Member]
|
Jun. 30, 2014
Asset-backed Securities [Member]
|
Jun. 30, 2015
Asset-backed Securities [Member]
|
Jun. 30, 2014
Asset-backed Securities [Member]
|
Jun. 30, 2015
Fixed Maturities Available For Sale [Member]
|
Sep. 30, 2014
Fixed Maturities Available For Sale [Member]
|
Jun. 30, 2015
Fixed Maturities Available For Sale [Member]
Asset-backed Securities [Member]
|
Sep. 30, 2014
Fixed Maturities Available For Sale [Member]
Asset-backed Securities [Member]
|
||||||||||||||||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||||||||||||||||||||||||||||
Document Period End Date | Jun. 30, 2015 | |||||||||||||||||||||||||||||
Available-for-sale Securities, Debt Securities | $ 17,723,600,000 | $ 17,211,500,000 | $ 1,887,500,000 | $ 1,792,900,000 | ||||||||||||||||||||||||||
Percentage of male contractholder | 50.00% | |||||||||||||||||||||||||||||
Percentage of female contractholder | 50.00% | |||||||||||||||||||||||||||||
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount | 0 | 0 | ||||||||||||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | $ 18,100,000 | [1] | $ (18,900,000) | [2] | $ (15,400,000) | [3] | $ (23,900,000) | [4] | $ (34,500,000) | [4] | $ (1,000,000) | [3] | $ (4,800,000) | [2] | $ (10,400,000) | [3] | $ (3,800,000) | [4] | ||||||||||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Percentage of female contract holder. No definition available.
|
X | ||||||||||
- Definition
Percentage of male contract holder. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Fair Value of Financial Instruments - Changes in Fair Value of Financial Instruments (Detail) (USD $)
|
3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
FIA embedded derivatives, included in contractholder funds [Member]
|
Jun. 30, 2014
FIA embedded derivatives, included in contractholder funds [Member]
|
Jun. 30, 2015
FIA embedded derivatives, included in contractholder funds [Member]
|
Jun. 30, 2014
FIA embedded derivatives, included in contractholder funds [Member]
|
Jun. 30, 2015
Front Street Future Policyholder Benefits Reserve [Member]
|
Jun. 30, 2014
Front Street Future Policyholder Benefits Reserve [Member]
|
Jun. 30, 2015
Front Street Future Policyholder Benefits Reserve [Member]
|
Jun. 30, 2014
Front Street Future Policyholder Benefits Reserve [Member]
|
Jun. 30, 2014
Equity conversion feature of preferred stock [Member]
|
Jun. 30, 2014
Equity conversion feature of preferred stock [Member]
|
Jun. 30, 2014
Available For Sale Embedded Derivatives [Member]
|
Jun. 30, 2014
Available For Sale Embedded Derivatives [Member]
|
Jun. 30, 2015
Asset-backed Securities [Member]
|
Jun. 30, 2014
Asset-backed Securities [Member]
|
Jun. 30, 2015
Asset-backed Securities [Member]
|
Jun. 30, 2014
Asset-backed Securities [Member]
|
Jun. 30, 2015
Commercial Mortgage Backed Securities [Member]
|
Jun. 30, 2014
Commercial Mortgage Backed Securities [Member]
|
Jun. 30, 2015
Commercial Mortgage Backed Securities [Member]
|
Jun. 30, 2014
Commercial Mortgage Backed Securities [Member]
|
Jun. 30, 2015
Corporate Debt Securities [Member]
|
Jun. 30, 2014
Corporate Debt Securities [Member]
|
Jun. 30, 2015
Corporate Debt Securities [Member]
|
Jun. 30, 2014
Corporate Debt Securities [Member]
|
Jun. 30, 2015
Municipals [Member]
|
Jun. 30, 2014
Municipals [Member]
|
Jun. 30, 2015
Municipals [Member]
|
Jun. 30, 2014
Municipals [Member]
|
Jun. 30, 2015
Equity securities available-for-sale [Member]
|
Jun. 30, 2014
Equity securities available-for-sale [Member]
|
Jun. 30, 2015
Equity securities available-for-sale [Member]
|
Jun. 30, 2014
Equity securities available-for-sale [Member]
|
Jun. 30, 2014
Equity Securities Available For Sale [Member]
|
Jun. 30, 2014
Equity Securities Available For Sale [Member]
|
Jun. 30, 2015
Held for trading [Member]
|
Jun. 30, 2014
Held for trading [Member]
|
Jun. 30, 2015
Held for trading [Member]
|
Jun. 30, 2014
Held for trading [Member]
|
Jun. 30, 2015
Nomura Fund Linked Note [Member]
|
Jun. 30, 2014
Nomura Fund Linked Note [Member]
|
Jun. 30, 2015
Nomura Fund Linked Note [Member]
|
Jun. 30, 2014
Nomura Fund Linked Note [Member]
|
Jun. 30, 2015
Embedded Derivative Financial Instruments [Member]
|
Jun. 30, 2014
Embedded Derivative Financial Instruments [Member]
|
Jun. 30, 2015
Embedded Derivative Financial Instruments [Member]
|
Jun. 30, 2014
Embedded Derivative Financial Instruments [Member]
|
Jun. 30, 2015
Contingent Purchase Price Reduction Receivable [Member]
|
Jun. 30, 2015
Contingent Purchase Price Reduction Receivable [Member]
|
Jun. 30, 2014
Contingent Purchase Price Reduction Receivable [Member]
|
Mar. 31, 2014
Contingent Purchase Price Reduction Receivable [Member]
|
|||||||||||||||||||||||||||||||||||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount | $ 0 | $ 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Balance at Beginning of Period | 1,222,900,000 | 755,600,000 | 1,066,000,000 | 523,500,000 | 34,300,000 | 10,700,000 | 37,000,000 | 5,000,000 | 142,500,000 | 83,100,000 | 5,700,000 | 941,100,000 | 657,000,000 | 850,000,000 | 461,100,000 | 39,800,000 | 35,600,000 | 37,200,000 | 6,000,000 | 10,800,000 | 6,000,000 | 10,700,000 | 0 | 0 | 12,200,000 | 0 | 11,200,000 | 0 | 47,000,000 | 41,500,000 | 41,000,000 | 41,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Gains (Losses) Included in Earnings | (13,800,000) | 1,500,000 | (4,900,000) | 2,100,000 | 0 | 100,000 | 0 | 2,300,000 | 0 | 0 | 1,200,000 | 1,300,000 | 0 | 0 | 0 | 0 | (16,800,000) | 300,000 | (15,800,000) | 300,000 | 3,000,000 | 8,500,000 | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Gains (Losses) Included in AOCI | (24,100,000) | 15,900,000 | 4,300,000 | 20,500,000 | (100,000) | (100,000) | (300,000) | (1,900,000) | 100,000 | 400,000 | 400,000 | (20,000,000) | 14,400,000 | 3,300,000 | 18,400,000 | (2,100,000) | 900,000 | 700,000 | 1,500,000 | 0 | 0 | 0 | 0 | 500,000 | 500,000 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Purchases | 191,000,000 | 186,800,000 | 425,300,000 | 0 | 6,700,000 | 5,000,000 | 83,800,000 | 57,700,000 | 83,800,000 | 0 | 88,900,000 | 122,400,000 | 283,200,000 | 0 | 0 | 35,000,000 | 0 | 1,500,000 | 0 | 1,500,000 | 5,500,000 | 5,500,000 | 0 | 11,300,000 | 0 | 11,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sales | (1,600,000) | (1,000,000) | (1,600,000) | (1,000,000) | (1,600,000) | (1,000,000) | (1,600,000) | (1,000,000) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Settlements | (53,400,000) | (13,500,000) | (87,100,000) | (15,900,000) | (100,000) | (200,000) | (500,000) | (1,100,000) | (2,600,000) | (35,400,000) | (2,400,000) | (200,000) | (400,000) | 0 | (13,500,000) | 0 | (13,500,000) | 0 | 0 | 0 | 0 | 0 | 0 | (50,000,000) | (50,000,000) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net transfer In (Out) of Level 3 (a) | 18,100,000 | [1] | (18,900,000) | [2] | (15,400,000) | [3] | (23,900,000) | [4] | (1,000,000) | [3] | (4,800,000) | [2] | (10,400,000) | [3] | (3,800,000) | [4] | (6,000,000) | [4] | (14,100,000) | [2] | (24,100,000) | [3] | (14,100,000) | [4] | 0 | [1] | 0 | [3] | 0 | [1] | 0 | [2] | 0 | [3] | 0 | [4] | 0 | [1] | 0 | [1] | 19,100,000 | [1] | 0 | [1] | 19,100,000 | [3] | 0 | [1] | ||||||||||||||||||||||||||||||||||||||||||
Balance at End of Period | 1,148,100,000 | 930,600,000 | 1,148,100,000 | 930,600,000 | 33,100,000 | 5,900,000 | 33,100,000 | 5,900,000 | 140,100,000 | 83,900,000 | 140,100,000 | 83,900,000 | 916,900,000 | 745,200,000 | 916,900,000 | 745,200,000 | 37,500,000 | 36,500,000 | 37,500,000 | 36,500,000 | 6,000,000 | 0 | 6,000,000 | 0 | 6,000,000 | 6,000,000 | 14,500,000 | 11,600,000 | 14,500,000 | 11,600,000 | 41,500,000 | 41,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Balance at Beginning of Period | 2,801,900,000 | 2,234,500,000 | 2,059,400,000 | 1,875,200,000 | 2,217,400,000 | 1,718,700,000 | 1,908,100,000 | 1,544,400,000 | 584,500,000 | 151,000,000 | 151,300,000 | 364,800,000 | 330,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Gains (Losses) Included in Earnings | (75,400,000) | 112,900,000 | 240,300,000 | 340,900,000 | (43,700,000) | 145,800,000 | 265,600,000 | 320,100,000 | (31,700,000) | 5,100,000 | (25,300,000) | 8,100,000 | (38,000,000) | 12,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Gains (Losses) Included in AOCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Purchases | 77,600,000 | 0 | 514,600,000 | 150,600,000 | 0 | 0 | 77,600,000 | 514,600,000 | 150,600,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Settlements | (35,800,000) | (328,000,000) | (46,000,000) | (347,300,000) | 0 | 0 | (35,800,000) | (1,200,000) | (46,000,000) | (3,800,000) | (326,800,000) | (343,500,000) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net transfer In (Out) of Level 3 | 0 | [1] | 0 | [2] | 0 | [3] | 0 | [4] | 0 | [2] | 0 | [4] | 0 | [2] | 0 | [4] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Balance at End of Period | $ 2,768,300,000 | $ 2,019,400,000 | $ 2,768,300,000 | $ 2,019,400,000 | $ 2,173,700,000 | $ 1,864,500,000 | $ 2,173,700,000 | $ 1,864,500,000 | $ 594,600,000 | $ 154,900,000 | $ 594,600,000 | $ 154,900,000 | $ 0 | $ 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Fair Value of Financial Instruments Fair Value of Financial Instruments - Assets and Liabilities Carrying at Fair Value Measured on a Recurring Basis (Details) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Sep. 30, 2014
|
Jun. 30, 2014
|
Sep. 30, 2013
|
|||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Document Period End Date | Jun. 30, 2015 | |||||||||||
Cash and cash equivalents | $ 1,293.2 | $ 1,319.2 | $ 1,455.9 | $ 1,899.7 | ||||||||
Derivatives | 220.4 | 296.3 | ||||||||||
Asset-backed loans | 490.0 | 811.6 | ||||||||||
Other invested assets | 442.4 | 165.0 | ||||||||||
Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Asset-backed loans | 490.0 | [1] | 151.7 | [1] | ||||||||
Total debt | 65.4 | [1],[2] | ||||||||||
Liabilities Related to Investment Contracts, Fair Value Disclosure | 14,016.1 | [1] | 13,108.8 | [1] | ||||||||
Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Total debt | 6,941.9 | [1],[2] | 5,308.5 | [1],[2] | ||||||||
Policy loans [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Policy loans and other invested assets | 427.9 | [1] | 811.6 | [1] | ||||||||
Other Invested Assets [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Trading Securities | 165.0 | |||||||||||
Reported Value Measurement [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Asset-backed loans | 490.0 | [1] | 151.7 | [1] | ||||||||
Total financial assets | 2,211.1 | [1] | ||||||||||
Total debt | 6,832.7 | [1],[2] | 5,157.8 | [1],[2] | ||||||||
Liabilities Related to Investment Contracts, Fair Value Disclosure | 15,530.1 | [1] | 14,555.4 | [1] | ||||||||
Financial Liabilities Fair Value Disclosure | 22,362.8 | [1] | ||||||||||
Reported Value Measurement [Member] | Policy loans [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Policy loans and other invested assets | 427.9 | [1] | 811.6 | [1] | ||||||||
Estimate of Fair Value Measurement [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Asset-backed loans | 490.0 | [1] | 151.7 | [1] | ||||||||
Total debt | 7,007.3 | [1],[2] | 5,308.5 | [1],[2] | ||||||||
Liabilities Related to Investment Contracts, Fair Value Disclosure | 14,016.1 | [1] | 13,108.8 | [1] | ||||||||
Estimate of Fair Value Measurement [Member] | Policy loans [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Policy loans and other invested assets | 427.9 | [1] | 811.6 | [1] | ||||||||
Fair Value, Measurements, Recurring [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Contingent Purchase Price Reduction Receivable Fair Value Disclosure | 0 | 41.5 | ||||||||||
Funds Withheld Receivable | 641.7 | [3] | 154.4 | [3] | ||||||||
Assets, Fair Value Disclosure, Recurring | 19,238.2 | 18,501.7 | ||||||||||
Liabilities, Fair Value Disclosure, Recurring | 2,773.1 | 2,062.2 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Funds Withheld Receivable | 0 | [3] | 0 | [3] | ||||||||
Assets, Fair Value Disclosure, Recurring | 1,148.1 | 1,066.0 | ||||||||||
Liabilities, Fair Value Disclosure, Recurring | 2,768.3 | 2,059.4 | ||||||||||
Total financial assets | 917.9 | [1] | 963.3 | [1] | ||||||||
Financial Liabilities Fair Value Disclosure | 14,081.5 | [1] | 13,108.8 | [1] | ||||||||
Fair Value, Measurements, Recurring [Member] | Level 1 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Funds Withheld Receivable | 45.8 | [3] | 0 | [3] | ||||||||
Assets, Fair Value Disclosure, Recurring | 527.8 | 279.3 | ||||||||||
Liabilities, Fair Value Disclosure, Recurring | 0 | 0 | ||||||||||
Total financial assets | 1,293.2 | [1] | 1,319.2 | [1] | ||||||||
Financial Liabilities Fair Value Disclosure | 0 | [1] | 0 | [1] | ||||||||
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Funds Withheld Receivable | 595.9 | [3] | 154.4 | [3] | ||||||||
Assets, Fair Value Disclosure, Recurring | 17,562.3 | 17,156.4 | ||||||||||
Liabilities, Fair Value Disclosure, Recurring | 4.8 | 2.8 | ||||||||||
Total financial assets | 0 | [1] | 0 | [1] | ||||||||
Financial Liabilities Fair Value Disclosure | 6,941.9 | [1] | 5,308.5 | [1] | ||||||||
Fair Value, Measurements, Recurring [Member] | Commodity Option [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivatives | 10.3 | 3.2 | ||||||||||
Derivative Liability | 1.6 | 0.4 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Commodity Option [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivatives | 10.3 | 3.2 | ||||||||||
Derivative Liability | 1.6 | 0.4 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Fixed Index Annuity [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivative Liability | 2,173.7 | 1,908.1 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Fixed Index Annuity [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivative Liability | 2,173.7 | 1,908.1 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Front Street Future Policyholder Benefits Reserve [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivative Liability | 594.6 | 151.3 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Future Contracts [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivative Liability | 0.1 | |||||||||||
Fair Value, Measurements, Recurring [Member] | Interest Rate Contract [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivatives | 0 | 0.6 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Interest Rate Contract [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivatives | 0 | 0.6 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Foreign exchange forward agreements [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivatives | 12.8 | |||||||||||
Derivative Liability | 1.0 | 0.5 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Foreign exchange forward agreements [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivatives | 12.8 | |||||||||||
Derivative Liability | 1.0 | 0.5 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Call options [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivatives | 220.4 | 296.3 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Call options [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivatives | 220.4 | 296.3 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Available For Sale Embedded Derivatives [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Equity securities - available-for-sale | 579.6 | 663.6 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Available For Sale Embedded Derivatives [Member] | Level 1 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Equity securities - available-for-sale | 26.7 | 59.2 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Available For Sale Embedded Derivatives [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Equity securities - available-for-sale | 546.9 | 598.4 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivative Liability | 2.2 | 1.8 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivative Liability | 2.2 | 1.8 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Foreign Exchange Contract [Member] | Foreign exchange forward agreements [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivatives | 6.2 | |||||||||||
Fair Value, Measurements, Recurring [Member] | Foreign Exchange Contract [Member] | Foreign exchange forward agreements [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivatives | 6.2 | |||||||||||
Fair Value, Measurements, Recurring [Member] | Equity [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Trading Securities | 41.9 | 104.5 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Equity [Member] | Level 1 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Trading Securities | 41.9 | 104.5 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Other Invested Assets [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Other invested assets | 14.5 | 13.3 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Other Invested Assets [Member] | Level 1 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Other invested assets | 0 | 0 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Other Invested Assets [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Other invested assets | 2.1 | |||||||||||
Fair Value, Measurements, Recurring [Member] | Reported Value Measurement [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Total financial assets | 2,282.5 | [1] | ||||||||||
Financial Liabilities Fair Value Disclosure | 19,713.2 | [1] | ||||||||||
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Total financial assets | 2,211.1 | [1] | 2,282.5 | [1] | ||||||||
Financial Liabilities Fair Value Disclosure | 21,023.4 | [1] | 18,417.3 | [1] | ||||||||
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | Front Street Future Policyholder Benefits Reserve [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivative Liability | 594.6 | 151.3 | ||||||||||
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | Future Contracts [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Derivative Liability | 0.1 | |||||||||||
Contingent Purchase Price Reduction Receivable [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Contingent Purchase Price Reduction Receivable Fair Value Disclosure | 0 | 41.5 | ||||||||||
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 1,887.5 | 1,792.9 | ||||||||||
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 33.1 | |||||||||||
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 1,854.4 | 1,755.9 | ||||||||||
Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 821.6 | 636.9 | ||||||||||
Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 140.1 | |||||||||||
Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 681.5 | 553.8 | ||||||||||
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 9,551.1 | 9,795.8 | ||||||||||
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 916.9 | 850.0 | ||||||||||
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 8,634.2 | 8,945.8 | ||||||||||
Hybrids [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 1,241.1 | 1,316.1 | ||||||||||
Hybrids [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 0 | 0 | ||||||||||
Hybrids [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 1,241.1 | 1,316.1 | ||||||||||
Municipals [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 1,450.6 | 1,259.8 | ||||||||||
Municipals [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 37.2 | |||||||||||
Municipals [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 1,413.1 | 1,222.6 | ||||||||||
Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 2,175.4 | 2,114.0 | ||||||||||
Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 2,175.4 | 2,114.0 | ||||||||||
Other Invested Assets [Member] | Fair Value, Measurements, Recurring [Member] | Other Invested Assets [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Other invested assets | 14.5 | 11.2 | ||||||||||
Broker Quoted [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Available For Sale Embedded Derivatives [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Equity securities - available-for-sale | 6.0 | 6.0 | ||||||||||
Broker Quoted [Member] | Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 33.1 | 37.0 | ||||||||||
Broker Quoted [Member] | Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 140.1 | 83.1 | ||||||||||
Market Pricing [Member] | Municipal Bonds [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 37.5 | |||||||||||
Option Pricing [Member] | Other Invested Assets [Member] | Fair Value, Measurements, Recurring [Member] | Other Invested Assets [Member] | Nomura Fund Linked Note [Member] | Level 3 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Other invested assets | 11.7 | |||||||||||
U.S. Government securities [Member] | Fair Value, Measurements, Recurring [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 596.3 | 296.0 | ||||||||||
U.S. Government securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 1 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | 413.4 | 115.6 | ||||||||||
U.S. Government securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
|
||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||||||
Available-for-sale Securities | $ 182.9 | $ 180.4 | ||||||||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Asset backed loans and other invested assets. No definition available.
|
X | ||||||||||
- Definition
Assets fair value disclosure and measurement. No definition available.
|
X | ||||||||||
- Definition
Contingent purchase price reduction receivable. No definition available.
|
X | ||||||||||
- Definition
Funds Withheld Receivable No definition available.
|
X | ||||||||||
- Definition
Other Invested Assets No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
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 | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Intangible Assets, Including Goodwill [Roll Forward] | ||||
Beginning Balance, Goodwill | $ 1,524.8 | |||
Beginning Balance, Indefinite Lived Intangible Assets | 1,215.9 | |||
Beginning Balance, Finite Lived Intangible Assets | 917.2 | |||
Beginning Balance, Intangible Assets, Excluding Goodwill | 2,683.7 | |||
Goodwill, Acquired During Period | 1,046.4 | |||
Indefinite-lived Intangible Assets Acquired | 349.7 | |||
Acquisitions (Note 13) | 541.4 | |||
Goodwill, Impairment Loss | (28.3) | |||
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | (31.9) | |||
Impairment of Intangible Assets, Finite-lived | 60.2 | 0 | ||
Goodwill and Intangible Asset Impairment | (31.9) | |||
Deferrals | 251.4 | |||
Less: Components of amortization: | ||||
Amortization of intangibles | (99.6) | (40.7) | (149.6) | (121.5) |
Adjustment for unrealized investment (gains), net, Goodwill | 141.5 | |||
Effect of translation, Intangible Assets Excluding Goodwill | (40.6) | |||
Ending Balance, Goodwill | 2,498.7 | 2,498.7 | ||
Ending Balance, Indefinite Lived Intangible Assets | 1,501.8 | 1,501.8 | ||
Ending Balance, Finite Lived Intangible Assets | 1,026.3 | 1,026.3 | ||
Ending Balance, Intangible Assets, Excluding Goodwill | 3,386.0 | 3,386.0 | ||
Unlocking [Member]
|
||||
Less: Components of amortization: | ||||
Amortization of intangibles | (2.5) | |||
Interest [Member]
|
||||
Less: Components of amortization: | ||||
Amortization of intangibles | 25.4 | |||
Periodic amortization [Member]
|
||||
Less: Components of amortization: | ||||
Amortization of intangibles | (172.5) | |||
Definite Lived Intangible Assets [Member]
|
||||
Intangible Assets, Including Goodwill [Roll Forward] | ||||
Beginning Balance, Finite Lived Intangible Assets | 917.2 | |||
Acquisitions (Note 3), Finite-Lived Intangible Assets | 191.7 | |||
Impairment of Intangible Assets, Finite-lived | 0 | |||
Less: Components of amortization: | ||||
Amortization of intangibles | (22.3) | (20.5) | (64.0) | (61.2) |
Effect of translation, Finite Lived intangible assets | (18.6) | |||
Ending Balance, Finite Lived Intangible Assets | 1,026.3 | 1,026.3 | ||
Definite Lived Intangible Assets [Member] | Periodic amortization [Member]
|
||||
Less: Components of amortization: | ||||
Amortization of intangibles | (64.0) | |||
VOBA [Member]
|
||||
Intangible Assets, Including Goodwill [Roll Forward] | ||||
Beginning Balance, Finite Lived Intangible Assets | 86.8 | |||
Less: Components of amortization: | ||||
Amortization of intangibles | 23.6 | 10.8 | 37.6 | 34.9 |
Adjustment for unrealized investment (gains), net, Goodwill | 49.1 | |||
Ending Balance, Finite Lived Intangible Assets | 98.3 | 98.3 | ||
VOBA [Member] | Unlocking [Member]
|
||||
Less: Components of amortization: | ||||
Amortization of intangibles | 2.4 | |||
VOBA [Member] | Interest [Member]
|
||||
Less: Components of amortization: | ||||
Amortization of intangibles | 9.2 | |||
VOBA [Member] | Periodic amortization [Member]
|
||||
Less: Components of amortization: | ||||
Amortization of intangibles | (49.2) | |||
DAC [Member]
|
||||
Intangible Assets, Including Goodwill [Roll Forward] | ||||
Beginning Balance, Finite Lived Intangible Assets | 463.8 | |||
Deferrals | 251.4 | |||
Less: Components of amortization: | ||||
Amortization of intangibles | 53.7 | 9.4 | 48.0 | 25.4 |
Adjustment for unrealized investment (gains), net, Goodwill | 92.4 | |||
Ending Balance, Finite Lived Intangible Assets | 759.6 | 759.6 | ||
DAC [Member] | Unlocking [Member]
|
||||
Less: Components of amortization: | ||||
Amortization of intangibles | (4.9) | |||
DAC [Member] | Interest [Member]
|
||||
Less: Components of amortization: | ||||
Amortization of intangibles | 16.2 | |||
DAC [Member] | Periodic amortization [Member]
|
||||
Less: Components of amortization: | ||||
Amortization of intangibles | (59.3) | |||
Goodwill [Member]
|
||||
Less: Components of amortization: | ||||
Effect of translation, Finite Lived intangible assets | (28.0) | |||
Indefinite Lived Intangible Assets [Member]
|
||||
Less: Components of amortization: | ||||
Effect of translation, Finite Lived intangible assets | $ (22.0) |
X | ||||||||||
- Definition
Adjustment for change in unrealized investment losses (gains) net. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Deferrals. No definition available.
|
X | ||||||||||
- Definition
Intangible assets acquired during period. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Intangible assets translation adjustments. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Goodwill and Intangibles, including DAC and VOBA - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||
---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Sep. 30, 2014
|
Sep. 30, 2013
|
|
Finite-Lived Intangible Assets [Line Items] | ||||||
Goodwill, Acquired During Period | $ 1,046.4 | |||||
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months | 90.0 | 90.0 | ||||
Intangible assets amortization method | straight-line method | |||||
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 35.00% | |||||
Indefinite-lived Intangible Assets Acquired | 349.7 | |||||
Goodwill and Intangible Asset Impairment | (60.2) | |||||
Amortization of intangibles | 99.6 | 40.7 | 149.6 | 121.5 | ||
Finite-Lived Intangible Assets, Accumulated Amortization | 379.9 | 379.9 | 323.2 | |||
2014 | 90.0 | 90.0 | ||||
2015 | 90.0 | 90.0 | ||||
2016 | 90.0 | 90.0 | ||||
2017 | 90.0 | 90.0 | ||||
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | (31.9) | |||||
Goodwill, Impairment Loss | (28.3) | |||||
VOBA [Member]
|
||||||
Finite-Lived Intangible Assets [Line Items] | ||||||
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months | 9.8 | 9.8 | ||||
Cumulative adjustments for net unrealized investment gains | (114.9) | (114.9) | (164.2) | |||
Amortization of intangibles | (23.6) | (10.8) | (37.6) | (34.9) | ||
Finite-Lived Intangible Assets, Accumulated Amortization | (364.0) | (364.0) | (338.4) | |||
2014 | 37.1 | 37.1 | ||||
2015 | 31.3 | 31.3 | ||||
2016 | 25.2 | 25.2 | ||||
2017 | 20.3 | 20.3 | ||||
DAC [Member]
|
||||||
Finite-Lived Intangible Assets [Line Items] | ||||||
Cumulative adjustments for net unrealized investment gains | (36.9) | (36.9) | (55.5) | |||
Amortization of intangibles | (53.7) | (9.4) | (48.0) | (25.4) | ||
Deferred sales inducements, net of shadow adjustments | 51.1 | 51.1 | 32.7 | |||
Minimum [Member]
|
||||||
Finite-Lived Intangible Assets [Line Items] | ||||||
Accretion Rate, VOBA | 4.00% | 4.00% | ||||
Amortizable Life | 2 years | |||||
Maximum [Member]
|
||||||
Finite-Lived Intangible Assets [Line Items] | ||||||
Accretion Rate, VOBA | 5.00% | 5.00% | ||||
Amortizable Life | 20 years | |||||
Weighted Average [Member] | VOBA [Member]
|
||||||
Finite-Lived Intangible Assets [Line Items] | ||||||
Amortizable Life | 4 years 10 months 25 days | |||||
FOH [Member] | Trademarks and Trade Names [Member]
|
||||||
Finite-Lived Intangible Assets [Line Items] | ||||||
Goodwill, Acquired During Period | 16.2 | |||||
Indefinite-lived Intangible Assets Acquired | $ 9.9 |
X | ||||||||||
- Definition
Accretion Rate, VOBA No definition available.
|
X | ||||||||||
- Definition
Cumulative adjustments for net unrealized investment gains. No definition available.
|
X | ||||||||||
- Definition
Deferred sales inducements, net of shadow adjustments. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Goodwill and Intangibles, including DAC and VOBA - Summary of Definite Lived Intangible Assets (Detail) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Sep. 30, 2014
|
Jun. 30, 2015
Minimum [Member]
|
Jun. 30, 2015
Maximum [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
|
Sep. 30, 2014
Customer Relationships [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
Minimum [Member]
|
Jun. 30, 2015
Customer Relationships [Member]
Maximum [Member]
|
Jun. 30, 2015
Trade Names [Member]
|
Sep. 30, 2014
Trade Names [Member]
|
Jun. 30, 2015
Trade Names [Member]
Minimum [Member]
|
Jun. 30, 2015
Trade Names [Member]
Maximum [Member]
|
Jun. 30, 2015
Technology assets [Member]
|
Sep. 30, 2014
Technology assets [Member]
|
Jun. 30, 2015
Technology assets [Member]
Minimum [Member]
|
Jun. 30, 2015
Technology assets [Member]
Maximum [Member]
|
|
Finite-Lived Intangible Assets [Line Items] | ||||||||||||||||
Cost | $ 1,406.2 | $ 1,240.4 | $ 992.0 | $ 877.1 | $ 171.6 | $ 171.1 | $ 242.6 | $ 192.2 | ||||||||
Accumulated Amortization | (379.9) | (323.2) | (234.4) | (204.6) | (73.2) | (61.0) | (72.3) | (57.6) | ||||||||
Net | $ 1,026.3 | $ 917.2 | $ 757.6 | $ 672.5 | $ 98.4 | $ 110.1 | $ 170.3 | $ 134.6 | ||||||||
Amortizable Life | 2 years | 20 years | 2 years | 20 years | 3 years | 13 years | 4 years | 17 years |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
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 | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Finite-Lived Intangible Assets [Line Items] | ||||
Amortization of intangibles | $ 99.6 | $ 40.7 | $ 149.6 | $ 121.5 |
Customer Relationships [Member]
|
||||
Finite-Lived Intangible Assets [Line Items] | ||||
Amortization of intangibles | 12.9 | 11.7 | 37.0 | 35.0 |
Trade Names [Member]
|
||||
Finite-Lived Intangible Assets [Line Items] | ||||
Amortization of intangibles | 4.1 | 4.1 | 12.3 | 12.3 |
Technology assets [Member]
|
||||
Finite-Lived Intangible Assets [Line Items] | ||||
Amortization of intangibles | 5.3 | 4.7 | 14.7 | 13.9 |
Definite Lived Intangible Assets [Member]
|
||||
Finite-Lived Intangible Assets [Line Items] | ||||
Amortization of intangibles | $ 22.3 | $ 20.5 | $ 64.0 | $ 61.2 |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- 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 |
Jun. 30, 2015
|
---|---|
Schedule Of Amortization Expense And Weighted Average Lives Of Identified Intangible Assets [Line Items] | |
2013 | $ 90.0 |
2014 | 90.0 |
2015 | 90.0 |
2016 | 90.0 |
2017 | 90.0 |
VOBA [Member]
|
|
Schedule Of Amortization Expense And Weighted Average Lives Of Identified Intangible Assets [Line Items] | |
2013 | 9.8 |
2014 | 37.1 |
2015 | 31.3 |
2016 | 25.2 |
2017 | 20.3 |
Thereafter | $ 89.5 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Debt - Summary of Debt (Detail) (USD $)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Sep. 30, 2014
|
Jun. 30, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
May 19, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
Apr. 14, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
Jun. 30, 2015
HGI [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
May 19, 2015
HGI [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
Sep. 30, 2014
HGI [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Six Point Seven Five Percentage Senior Notes [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Six Point One Two Five Percentage Senior Notes [Member]
|
Mar. 31, 2015
Spectrum Brands [Member]
Six Point One Two Five Percentage Senior Notes [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Six Point One Two Five Percentage Senior Notes [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Five Point Seven Five Percentage Senior Notes [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Five Point Seven Five Percentage Senior Notes [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Other notes and obligations [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Other notes and obligations [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Capitalized lease obligations [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Capitalized lease obligations [Member]
|
Jun. 30, 2015
EXCO/HGI JV [Member]
EXO/HGI Partnership Credit Agreement, due February 14, 2018 [Member]
|
Sep. 30, 2014
EXCO/HGI JV [Member]
EXO/HGI Partnership Credit Agreement, due February 14, 2018 [Member]
|
Jun. 30, 2015
Salus Capital Partners L L C [Member]
Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member]
|
Sep. 30, 2014
Salus Capital Partners L L C [Member]
Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member]
|
Jun. 30, 2015
Salus Capital Partners L L C [Member]
Secured Borrowings Related to non-qualifying participating loan interests [Member]
|
Sep. 30, 2014
Salus Capital Partners L L C [Member]
Secured Borrowings Related to non-qualifying participating loan interests [Member]
|
Jun. 30, 2015
Compass Credit Agreement [Member]
Compass Production Partners [Member]
EXO/HGI Partnership Credit Agreement, due February 14, 2018 [Member]
|
Jun. 30, 2015
Revolving Credit Facility [Member]
Spectrum Brands [Member]
ABL Facility, expiring May 24, 2017 [Member]
|
Sep. 30, 2014
Revolving Credit Facility [Member]
Spectrum Brands [Member]
ABL Facility, expiring May 24, 2017 [Member]
|
Jun. 30, 2015
Revolving Credit Facility [Member]
Fidelity And Guaranty Life Holdings [Member]
|
Sep. 30, 2014
Revolving Credit Facility [Member]
Fidelity And Guaranty Life Holdings [Member]
|
Jun. 30, 2015
Secured Debt [Member]
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
Sep. 30, 2014
Secured Debt [Member]
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
Jun. 30, 2015
Secured Debt [Member]
Spectrum Brands [Member]
Six Point Seven Five Percentage Senior Notes [Member]
|
Sep. 30, 2014
Secured Debt [Member]
Spectrum Brands [Member]
Six Point Seven Five Percentage Senior Notes [Member]
|
Jun. 30, 2015
Secured Debt [Member]
Spectrum Brands [Member]
Six Point Three Seven Five Senior Notes [Member]
|
Sep. 30, 2014
Secured Debt [Member]
Spectrum Brands [Member]
Six Point Three Seven Five Senior Notes [Member]
|
Jun. 30, 2015
Secured Debt [Member]
Spectrum Brands [Member]
6.625% Notes [Member]
|
Sep. 30, 2014
Secured Debt [Member]
Spectrum Brands [Member]
6.625% Notes [Member]
|
Jun. 30, 2015
Secured Debt [Member]
Spectrum Brands [Member]
Term Loan Due December 17, 2019 [Member]
|
Jun. 30, 2015
Secured Debt [Member]
Spectrum Brands [Member]
CAD Term Loan, Due June 23, 2022 [Member]
|
Sep. 30, 2014
Secured Debt [Member]
Spectrum Brands [Member]
CAD Term Loan, Due June 23, 2022 [Member]
|
Jun. 30, 2015
Secured Debt [Member]
Spectrum Brands [Member]
Term Loan Due September 4, 2019 [Member]
|
Sep. 30, 2014
Secured Debt [Member]
Spectrum Brands [Member]
Term Loan Due September 4, 2019 [Member]
|
Jun. 30, 2015
Secured Debt [Member]
Spectrum Brands [Member]
Term Loan Due September 4, 2017 [Member]
|
Sep. 30, 2014
Secured Debt [Member]
Spectrum Brands [Member]
Term Loan Due September 4, 2017 [Member]
|
Jun. 30, 2015
Secured Debt [Member]
Spectrum Brands [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
Sep. 30, 2014
Secured Debt [Member]
Spectrum Brands [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
Jun. 30, 2015
Secured Debt [Member]
Fidelity And Guaranty Life Holdings [Member]
6.375% Senior Notes, Due April 1, 2021 [Member]
|
Sep. 30, 2014
Secured Debt [Member]
Fidelity And Guaranty Life Holdings [Member]
6.375% Senior Notes, Due April 1, 2021 [Member]
|
Jun. 30, 2015
Euro Member Countries, Euro
Spectrum Brands [Member]
Euro Term Loan, Due December 19, 2021 [Member] [Member]
|
Jun. 30, 2015
Euro Member Countries, Euro
Secured Debt [Member]
Spectrum Brands [Member]
Euro Term Loan, Due December 19, 2021 [Member] [Member]
|
Jun. 30, 2015
Euro Member Countries, Euro
Secured Debt [Member]
Spectrum Brands [Member]
Euro Term Loan, Due June 23, 2022 [Member]
|
Jun. 30, 2015
United States of America, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
Euro Term Loan, Due September 4, 2019 [Member]
|
Sep. 30, 2014
United States of America, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
Euro Term Loan, Due September 4, 2019 [Member]
|
Jun. 30, 2015
United States of America, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
Term Loan Due December 17, 2019 [Member]
|
Sep. 30, 2014
United States of America, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
Term Loan Due December 17, 2019 [Member]
|
Jun. 30, 2015
United States of America, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
CAD Term Loan, Due June 23, 2022 [Member]
|
Jun. 30, 2015
United States of America, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
Term Loan Due September 4, 2019 [Member]
|
Jun. 30, 2015
United States of America, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
Term Loan, Due June 23, 2022 [Member]
|
Sep. 30, 2014
United States of America, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
Term Loan, Due June 23, 2022 [Member]
|
Jun. 30, 2015
United States of America, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
Euro Term Loan, Due June 23, 2022 [Member]
|
Sep. 30, 2014
United States of America, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
Euro Term Loan, Due June 23, 2022 [Member]
|
Jun. 30, 2015
Canada, Dollars
Secured Debt [Member]
Spectrum Brands [Member]
CAD Term Loan, Due June 23, 2022 [Member]
|
||||||||||||||||||||||
Debt Instrument [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Document Period End Date | Jun. 30, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Long-term Debt | $ 6,860,300,000 | $ 5,194,500,000 | $ 160,000,000 | $ 100,000,000 | $ 890,000,000 | $ 140,000,000 | $ 750,000,000 | $ 250,000,000 | $ 0 | $ 1,000,000,000 | $ 0 | $ 31,000,000 | $ 36,600,000 | $ 88,700,000 | $ 94,700,000 | $ 113,400,000 | $ 193,000,000 | $ 11,200,000 | $ 106,800,000 | $ 47,500,000 | $ 0 | $ 864,400,000 | $ 604,400,000 | $ 0 | $ 520,000,000 | $ 520,000,000 | $ 570,000,000 | $ 570,000,000 | $ 0 | [1] | $ 0 | [1] | $ 509,900,000 | [1] | $ 0 | [1] | $ 648,400,000 | [1] | $ 300,000,000 | $ 300,000,000 | $ 300,000,000 | $ 300,000,000 | $ 150,000,000 | $ 300,000,000 | [1] | $ 0 | [1] | $ 283,300,000 | [1] | $ 34,200,000 | [1] | $ 60,900,000 | [1] | $ 0 | [1] | $ 1,450,000,000 | [1] | $ 0 | [1] | $ 336,200,000 | [1] | $ 0 | [1] | $ 75,000,000 | [1] | ||||||||||||||||||
Original issuance (discounts) premiums on debt, net | (27,600,000) | (36,700,000) | 800,000 | 3,600,000 | 800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Debt | 6,832,700,000 | 5,157,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Less current maturities | 51,400,000 | 96,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Non-current portion of debt | 6,781,300,000 | 5,061,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Long-term debt, interest rate | 7.875% | 7.875% | 7.75% | 7.75% | 7.80% | 6.75% | 6.125% | 6.125% | 0.00% | 5.75% | 0.00% | 13.60% | 8.80% | 5.90% | 6.10% | 2.70% | 2.70% | 10.00% | 6.70% | 9.40% | 10.80% | 5.30% | 0.00% | 5.25% | 5.30% | 7.875% | 7.90% | 0.00% | 6.80% | 6.375% | 6.40% | 6.625% | 6.60% | 4.50% | [1] | 0.00% | [1] | 0.00% | [1] | 3.60% | [1] | 0.00% | [1] | 3.00% | [1] | 6.40% | 6.40% | 0.00% | [1] | 3.80% | [1] | 0.00% | [1] | 5.10% | [1] | 3.80% | [1] | 0.00% | [1] | 3.50% | [1] | 0.00% | [1] | ||||||||||||||||||||
Line of Credit Facility, Fair Value of Amount Outstanding | 327,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Facility, Amount Outstanding | $ 243,200,000 | $ 0 | $ 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Long Term Debt Current And Non Current No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Debt - Additional Information (Detail) (USD $)
|
3 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 0 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Sep. 30, 2014
|
Jun. 30, 2015
Federal Funds Rate [Member]
|
Jun. 30, 2015
Eurodollar [Member]
|
Jun. 30, 2015
Term Loan Due September 4, 2019 [Member]
London Interbank Offered Rate (LIBOR) [Member]
|
May 06, 2015
Compass Credit Agreement [Member]
|
Jun. 30, 2015
Term Loan Due December 17, 2019 [Member]
London Interbank Offered Rate (LIBOR) [Member]
|
Jun. 30, 2015
HGI [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
May 19, 2015
HGI [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
Sep. 30, 2014
HGI [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
|
Apr. 14, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
Jun. 30, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
May 19, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
Apr. 14, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
|
Jun. 30, 2015
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
Secured Debt [Member]
|
Sep. 30, 2014
HGI [Member]
7.875% Senior Secured Notes, due July 15, 2019 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
CAD Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
CAD Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Six Point Seven Five Percentage Senior Notes [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Six Point Seven Five Percentage Senior Notes [Member]
Secured Debt [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Six Point Seven Five Percentage Senior Notes [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Term Loan Due September 4, 2017 [Member]
Secured Debt [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Term Loan Due September 4, 2017 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Term Loan Due September 4, 2017 [Member]
Interest Rate Floor [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Term Loan Due September 4, 2017 [Member]
Interest Rate Cap [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Term Loan Due September 4, 2017 [Member]
Base Rate [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Term Loan Due September 4, 2019 [Member]
Secured Debt [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Term Loan Due September 4, 2019 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Term Loan Due September 4, 2019 [Member]
Interest Rate Floor [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Term Loan Due September 4, 2019 [Member]
Base Rate [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
ABL Facility, expiring May 24, 2017 [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
ABL Facility, expiring May 24, 2017 [Member]
Revolving Credit Facility [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
ABL Facility, expiring May 24, 2017 [Member]
Revolving Credit Facility [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Six Point Three Seven Five Senior Notes [Member]
Secured Debt [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Six Point Three Seven Five Senior Notes [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
Secured Debt [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Seven Point Seven Five Percent Senior Unsecured Notes [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Term Loan Due December 17, 2019 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Term Loan Due December 17, 2019 [Member]
Interest Rate Floor [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Term Loan Due December 17, 2019 [Member]
Interest Rate Floor [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Term Loan Due December 17, 2019 [Member]
Base Rate [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Letter of Credit [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Six Point One Two Five Percentage Senior Notes [Member]
|
Mar. 31, 2015
Spectrum Brands [Member]
Six Point One Two Five Percentage Senior Notes [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Six Point One Two Five Percentage Senior Notes [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Five Point Seven Five Percentage Senior Notes [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Five Point Seven Five Percentage Senior Notes [Member]
|
Jun. 30, 2015
FGLH [Member]
FGL Revolving Credit Facility [Member]
|
Jun. 30, 2015
Fidelity And Guaranty Life Holdings [Member]
Revolving Credit Facility [Member]
|
Sep. 30, 2014
Fidelity And Guaranty Life Holdings [Member]
Revolving Credit Facility [Member]
|
Jun. 30, 2015
Fidelity And Guaranty Life Holdings [Member]
6.375% Senior Notes, Due April 1, 2021 [Member]
Secured Debt [Member]
|
Sep. 30, 2014
Fidelity And Guaranty Life Holdings [Member]
6.375% Senior Notes, Due April 1, 2021 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
EXCO/HGI JV [Member]
Compass Credit Agreement [Member]
|
Jun. 30, 2015
EXCO/HGI JV [Member]
Maximum [Member]
Compass Credit Agreement [Member]
|
Jun. 30, 2015
EXCO/HGI JV [Member]
EXO/HGI Partnership Credit Agreement, due February 14, 2018 [Member]
|
Sep. 30, 2014
EXCO/HGI JV [Member]
EXO/HGI Partnership Credit Agreement, due February 14, 2018 [Member]
|
Jun. 30, 2015
Compass Production Partners [Member]
Compass Credit Agreement [Member]
|
Jun. 30, 2015
Compass Production Partners [Member]
Minimum [Member]
London Interbank Offered Rate (LIBOR) [Member]
|
Jun. 30, 2015
Compass Production Partners [Member]
Minimum [Member]
Alternate Base Rate (ABR) [Member]
|
Jun. 30, 2015
Compass Production Partners [Member]
Maximum [Member]
London Interbank Offered Rate (LIBOR) [Member]
|
Jun. 30, 2015
Compass Production Partners [Member]
Maximum [Member]
Alternate Base Rate (ABR) [Member]
|
Jun. 30, 2015
Compass Production Partners [Member]
EXO/HGI Partnership Credit Agreement, due February 14, 2018 [Member]
Compass Credit Agreement [Member]
|
Jun. 30, 2015
Salus Capital Partners L L C [Member]
Minimum [Member]
London Interbank Offered Rate (LIBOR) [Member]
|
Jun. 30, 2015
Salus Capital Partners L L C [Member]
Maximum [Member]
London Interbank Offered Rate (LIBOR) [Member]
|
Jun. 30, 2015
Salus Capital Partners L L C [Member]
Secured Borrowings Related to non-qualifying participating loan interests [Member]
|
Sep. 30, 2014
Salus Capital Partners L L C [Member]
Secured Borrowings Related to non-qualifying participating loan interests [Member]
|
Jun. 30, 2015
Salus Capital Partners L L C [Member]
Collateralized Loan Obligations [Member]
|
Feb. 27, 2015
Salus Capital Partners L L C [Member]
Collateralized Loan Obligations [Member]
|
Jun. 30, 2015
Salus Capital Partners L L C [Member]
Asset based loan receivables [Member]
|
Jun. 30, 2015
Salus Capital Partners L L C [Member]
Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member]
|
Sep. 30, 2014
Salus Capital Partners L L C [Member]
Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member]
|
Jun. 30, 2015
United States of America, Dollars
Spectrum Brands [Member]
Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
May 19, 2015
United States of America, Dollars
Spectrum Brands [Member]
Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
Sep. 30, 2014
United States of America, Dollars
Spectrum Brands [Member]
Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
United States of America, Dollars
Spectrum Brands [Member]
CAD Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
United States of America, Dollars
Spectrum Brands [Member]
Euro Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
Sep. 30, 2014
United States of America, Dollars
Spectrum Brands [Member]
Euro Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
United States of America, Dollars
Spectrum Brands [Member]
Term Loan Due September 4, 2019 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
United States of America, Dollars
Spectrum Brands [Member]
Euro Term Loan, Due September 4, 2019 [Member]
Secured Debt [Member]
|
Sep. 30, 2014
United States of America, Dollars
Spectrum Brands [Member]
Euro Term Loan, Due September 4, 2019 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
United States of America, Dollars
Spectrum Brands [Member]
Term Loan Due December 17, 2019 [Member]
Secured Debt [Member]
|
Sep. 30, 2014
United States of America, Dollars
Spectrum Brands [Member]
Term Loan Due December 17, 2019 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Canada, Dollars
Spectrum Brands [Member]
CAD Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
May 19, 2015
Canada, Dollars
Spectrum Brands [Member]
CAD Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Euro Member Countries, Euro
Spectrum Brands [Member]
Interest Rate Floor [Member]
|
Jun. 30, 2015
Euro Member Countries, Euro
Spectrum Brands [Member]
Euro Term Loan, Due December 19, 2021 [Member] [Member]
|
Jun. 30, 2015
Euro Member Countries, Euro
Spectrum Brands [Member]
Euro Term Loan, Due December 19, 2021 [Member] [Member]
Secured Debt [Member]
|
Jun. 30, 2015
Euro Member Countries, Euro
Spectrum Brands [Member]
Euro Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
May 19, 2015
Euro Member Countries, Euro
Spectrum Brands [Member]
Euro Term Loan, Due June 23, 2022 [Member]
Secured Debt [Member]
|
|||||||||||||||||||||||||||||||
Debt Instrument [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Facility, Interest Rate Description | 0.002 | 175 | 75 | 275 | 175 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Facility, Interest Rate at Period End | 2.70% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Agreement, Partnership Required to Enter into Derivative Financial Instruments, Minimum Percentage Covering Forecasted Proved Natural Gas Production, Year One | 80.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Agreement, Partnership Required to Enter into Derivative Financial Instruments, Maximum Percentage Covering Forecasted Proved Natural Gas Production, Year 1 and 2 | 100.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Agreement, Partnership Required to Enter into Derivative Financial Instruments, Maximum Percentage Covering Forecasted Proved Natural Gas Production, Year 3 | 90.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Agreement, Partnership Required to Enter into Derivative Financial Instruments, Maximum Percentage Covering Forecasted Proved Natural Gas Production, Year 4 and 5 | 85.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Facility, Covenant Terms, Ratio of Indebtedness to EBITDAX | 5.75 | 3.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Collateral, nominal value | $ 80,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate | 0.75% | [1] | 3.00% | [1] | 2.00% | [1] | 0.75% | [1] | 3.50% | [1] | 0.75% | [1] | 2.50% | [1] | 3.00% | [1] | 2.00% | [1] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Long-term debt, interest rate | 7.75% | 7.75% | 7.80% | 7.875% | 7.875% | 7.875% | 7.90% | 4.50% | [1] | 0.00% | [1] | 6.75% | 0.00% | 6.80% | 0.00% | [1] | 3.00% | [1] | 0.00% | [1] | 3.60% | [1] | 5.30% | 0.00% | 6.375% | 6.40% | 6.125% | 6.125% | 0.00% | 5.75% | 0.00% | 5.25% | 5.30% | 6.40% | 6.40% | 2.70% | 2.70% | 9.40% | 10.80% | 10.00% | 6.70% | 3.80% | [1] | 0.00% | [1] | 3.50% | [1] | 0.00% | [1] | 0.00% | [1] | 3.80% | [1] | 0.00% | [1] | 5.10% | [1] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Interest Expense Debt Call Premium | 15,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Interest Expense Debt Satisfaction of Discharge | 1,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Write-off of debt issuance costs and (premiums) discounts on retired debt | 12,900,000 | 9,200,000 | 4,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Minimum Percentage Of Aggregate Outstanding Principal Held By Registered Holders | 25.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Issuance Cost | 2,200,000 | 2,000,000 | 2,500,000 | 4,600,000 | 12,400,000 | 4,900,000 | 600,000 | 2,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Document Period End Date | Jun. 30, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Deferred Finance Costs, Gross | 5,700,000 | 19,500,000 | 4,500,000 | 2,600,000 | 400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt issuance costs | 13,800,000 | 14,700,000 | 1,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of Financing Costs and Discounts | 5,100,000 | 2,300,000 | 400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Interest Expense | 154,000,000 | 77,900,000 | 320,100,000 | 239,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Facility, Fair Value of Amount Outstanding | 327,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amortization of debt discount | 3,100,000 | 2,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Long-term Debt | 6,860,300,000 | 6,860,300,000 | 5,194,500,000 | 890,000,000 | 140,000,000 | 750,000,000 | 160,000,000 | 100,000,000 | 864,400,000 | 604,400,000 | 0 | [1] | 0 | 0 | [1] | 648,400,000 | [1] | 509,900,000 | [1] | 47,500,000 | 0 | 520,000,000 | 520,000,000 | 300,000,000 | 300,000,000 | 0 | [1] | 250,000,000 | 0 | 1,000,000,000 | 0 | 300,000,000 | 300,000,000 | 11,200,000 | 106,800,000 | 463,900,000 | 578,500,000 | 331,100,000 | 113,400,000 | 193,000,000 | 1,450,000,000 | [1] | 0 | [1] | 60,900,000 | [1] | 336,200,000 | [1] | 0 | [1] | 0 | [1] | 0 | [1] | 283,300,000 | [1] | 34,200,000 | [1] | 75,000,000 | [1] | 150,000,000 | 300,000,000 | [1] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | 500,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument Discount Rate | 0.25% | 1.00% | 0.25% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount (Premium), Net | 27,600,000 | 27,600,000 | 36,700,000 | (3,600,000) | (800,000) | (800,000) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Letter of credit outstanding | 33,200,000 | 150,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Basis Spread on Variable Rate | 0.50% | 1.00% | 0.99% | 2.75% | 2.25% | 11.50% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Facility, Amount Outstanding | 0 | 0 | 243,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Asset-based loans | 490,000,000 | 490,000,000 | 811,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of Credit Facility, Remaining Borrowing Capacity | $ 419,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Effective Percentage | 98.51% | 104.50% | 104.50% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Collateral, nominal value No definition available.
|
X | ||||||||||
- Definition
Debt Instrument Discount Rate No definition available.
|
X | ||||||||||
- Definition
Financing Receivable Held For Investment No definition available.
|
X | ||||||||||
- Definition
Interest Expense Debt Call Premium No definition available.
|
X | ||||||||||
- Definition
Interest Expense Debt Satisfaction of Discharge No definition available.
|
X | ||||||||||
- Definition
Line of Credit Agreement, Partnership Required to Enter into Derivative Financial Instruments, Maximum Percentage Covering Forecasted Proved Natural Gas Production, Year 1 and 2 No definition available.
|
X | ||||||||||
- Definition
Line of Credit Agreement, Partnership Required to Enter into Derivative Financial Instruments, Maximum Percentage Covering Forecasted Proved Natural Gas Production, Year 3 No definition available.
|
X | ||||||||||
- Definition
Line of Credit Agreement, Partnership Required to Enter into Derivative Financial Instruments, Maximum Percentage Covering Forecasted Proved Natural Gas Production, Year 4 and 5 No definition available.
|
X | ||||||||||
- Definition
Line of Credit Agreement, Partnership Required to Enter into Derivative Financial Instruments, Minimum Percentage Covering Forecasted Proved Natural Gas Production, Year One No definition available.
|
X | ||||||||||
- Definition
Line of Credit Facility, Covenant Terms, Ratio of Indebtedness to EBITDAX No definition available.
|
X | ||||||||||
- Definition
Minimum percentage of aggregate outstanding principal held by registered holders. No definition available.
|
X | ||||||||||
- Definition
The non-cash write-off of the unamortized debt issuance costs associated with retired debt instruments. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Reinsurance - Effect of Reinsurance on Premiums Earned, Benefits Incurred and Reserve Changes (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Effects of Reinsurance [Line Items] | ||||
Direct Premiums Earned | $ 68.2 | $ 65.6 | $ 195.5 | $ 200.3 |
Policyholder Benefits and Claims Incurred, Direct | 144.1 | 324.0 | 698.2 | 876.8 |
Assumed Premiums Earned | 0 | 8.8 | 17.4 | 27.6 |
Policyholder Benefits and Claims Incurred, Assumed | (43.9) | 12.0 | (14.8) | 27.3 |
Ceded Premiums Earned | 50.4 | 61.1 | 168.9 | 185.9 |
Policyholder Benefits and Claims Incurred, Ceded | 43.9 | 70.9 | 190.4 | 207.8 |
Premiums Earned, Net, Life | 17.8 | 13.3 | 44.0 | 42.0 |
Benefits and other changes in policy reserves | $ 56.3 | $ 265.1 | $ 493.0 | $ 696.3 |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Reinsurance - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
Jun. 30, 2015
|
Sep. 30, 2014
|
Oct. 31, 2014
Ability Re [Member]
|
---|---|---|---|
Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items] | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets | $ 368.0 | ||
Contractholder funds | 17,703.9 | 16,463.5 | |
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Insurance Reserves | $ 346.9 |
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Insurance Reserves No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Stock Compensation - Consolidated Stock Compensation Expense (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ||||
Stock-based compensation | $ 26.4 | $ 19.7 | $ 71.9 | $ 67.1 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Stock Compensation - Summary of Stock Options Outstanding and Related Activity (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Warrant [Member] | HGI [Member]
|
||||
Options (in shares): | ||||
Stock options outstanding at September 30, 2014 | 3,000 | |||
Forfeited or expired | (600) | |||
Stock options outstanding at June 30, 2015 | 2,400 | 2,400 | ||
Stock options vested and exercisable at June 30, 2015 | 600 | |||
Stock options outstanding and expected to vest | 1,800 | 1,800 | ||
Weighted Average Exercise Price (in dollars per share): | ||||
Stock options outstanding at September 30, 2014 | $ 13.13 | |||
Forfeited or expired | $ 13.13 | |||
Stock options outstanding at June 30, 2015 | $ 13.13 | $ 13.13 | ||
Stock options vested and exercisable at June 30, 2015 | $ 13.13 | |||
Stock options outstanding and expected to vest | $ 13.13 | $ 13.13 | ||
Weighted Average Grant Date Fair Value (in dollars per share): | ||||
Stock options outstanding at September 30, 2014 | $ 3.22 | |||
Forfeited or expired | $ 3.22 | |||
Stock options outstanding at June 30, 2015 | $ 3.22 | $ 3.22 | ||
Stock options vested and exercisable at June 30, 2015 | $ 3.22 | |||
Stock options outstanding and expected to vest | $ 3.22 | $ 3.22 | ||
Employee Stock Option [Member] | HGI [Member]
|
||||
Options (in shares): | ||||
Stock options outstanding at September 30, 2014 | 4,624 | |||
Granted | 78 | 30 | 900 | 1,356 |
Exercised | (600) | |||
Forfeited or expired | (204) | |||
Stock options outstanding at June 30, 2015 | 4,720 | 4,720 | ||
Stock options vested and exercisable at June 30, 2015 | 2,298 | |||
Stock options outstanding and expected to vest | 2,422 | 2,422 | ||
Weighted Average Exercise Price (in dollars per share): | ||||
Stock options outstanding at September 30, 2014 | $ 8.14 | |||
Granted | $ 13.27 | |||
Exercised | $ 6.54 | |||
Forfeited or expired | $ 10.87 | |||
Stock options outstanding at June 30, 2015 | $ 9.21 | $ 9.21 | ||
Stock options vested and exercisable at June 30, 2015 | $ 8.12 | |||
Stock options outstanding and expected to vest | $ 10.24 | $ 10.24 | ||
Weighted Average Grant Date Fair Value (in dollars per share): | ||||
Stock options outstanding at September 30, 2014 | $ 3.28 | |||
Granted | $ 5.19 | |||
Exercised | $ 2.54 | |||
Forfeited or expired | $ 4.44 | |||
Stock options outstanding at June 30, 2015 | $ 3.69 | $ 3.69 | ||
Stock options vested and exercisable at June 30, 2015 | $ 3.24 | |||
Stock options outstanding and expected to vest | $ 4.12 | $ 4.12 | ||
Employee Stock Option [Member] | Fidelity And Guaranty Life Holdings [Member]
|
||||
Options (in shares): | ||||
Stock options outstanding at September 30, 2014 | 225 | |||
Granted | 0 | |||
Exercised | (75) | |||
Forfeited or expired | (1) | |||
Stock options outstanding at June 30, 2015 | 149 | 149 | ||
Stock options vested and exercisable at June 30, 2015 | 123 | |||
Stock options outstanding and expected to vest | 25 | 25 | ||
Weighted Average Exercise Price (in dollars per share): | ||||
Stock options outstanding at September 30, 2014 | $ 46.19 | |||
Granted | $ 0.00 | |||
Exercised | $ 44.89 | |||
Forfeited or expired | $ 49.45 | |||
Stock options outstanding at June 30, 2015 | $ 46.81 | $ 46.81 | ||
Stock options vested and exercisable at June 30, 2015 | $ 46.23 | |||
Stock options outstanding and expected to vest | $ 46.79 | $ 46.79 | ||
Employee Stock Option [Member] | FGL [Member]
|
||||
Options (in shares): | ||||
Stock options outstanding at September 30, 2014 | 242 | |||
Granted | 206 | 249 | ||
Exercised | (3) | |||
Forfeited or expired | (16) | |||
Stock options outstanding at June 30, 2015 | 429 | 429 | ||
Stock options vested and exercisable at June 30, 2015 | 221 | |||
Stock options outstanding and expected to vest | 199 | 199 | ||
Weighted Average Exercise Price (in dollars per share): | ||||
Stock options outstanding at September 30, 2014 | $ 17.00 | |||
Granted | $ 24.40 | |||
Exercised | $ 17.00 | |||
Forfeited or expired | $ 20.81 | |||
Stock options outstanding at June 30, 2015 | $ 20.41 | $ 20.41 | ||
Stock options vested and exercisable at June 30, 2015 | $ 19.52 | |||
Stock options outstanding and expected to vest | $ 20.41 | $ 20.41 |
X | ||||||||||
- Definition
Share based compensation arrangement by share based payment award equity instruments options nonvested weighted average grant date fair value. No definition available.
|
X | ||||||||||
- Definition
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Awards Expected To Vest Weighted Average Grant Date Fair Value No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Exercised, Weighted Average Grant Date Fair Value No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Exercisable Number No definition available.
|
X | ||||||||||
- Definition
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Exercisable Weighted Average Exercise Price No definition available.
|
X | ||||||||||
- Definition
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Exercisable Weighted Average grant date fair value No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Stock Compensation - Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity (Detail) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified |
3 Months Ended | 6 Months Ended | 9 Months Ended | ||
---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Mar. 31, 2015
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
HGI [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $ 22.2 | $ 22.2 | |||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Granted | $ 30,500,000.00 | $ 46,600,000.00 | |||
Exercised / Released | $ 31,400,000.00 | $ 14,800,000.00 | |||
HGI [Member] | Restricted stock awards [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | (343) | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $ 11.44 | ||||
Shares: | |||||
Restricted award outstanding at September 30, 2012 | 5,438 | 5,438 | |||
Granted | 10 | 1,885 | 3,313 | ||
Exercised / Released | 2,710 | ||||
Restricted award outstanding at March 31, 2013 | 4,277 | 4,277 | |||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Restricted award outstanding at September 30, 2012 | $ 9.75 | $ 9.75 | |||
Granted | $ 13.36 | ||||
Exercised / Released | $ 8.92 | ||||
Restricted award outstanding at March 31, 2013 | 11.74 | $ 11.74 | |||
HGI [Member] | Restricted stock units [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Granted | 42 | 7 | 48 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | 0 | ||||
Shares: | |||||
Restricted award outstanding at September 30, 2012 | 48 | 7 | 7 | ||
Granted | 7 | ||||
Exercised / Released | 7 | ||||
Restricted award outstanding at March 31, 2013 | 48 | ||||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Restricted award outstanding at September 30, 2012 | $ 11.84 | $ 11.84 | |||
Granted | $ 12.46 | ||||
Exercised / Released | $ 12.46 | ||||
HGI [Member] | Employee Stock Option [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Granted | 78 | 30 | 900 | 1,356 | |
Shares: | |||||
Restricted award expected to vest | 2,422 | 2,422 | |||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Restricted award expected to vest | $ 4.12 | $ 4.12 | |||
FGL [Member]
|
|||||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Granted | $ 9,500,000.00 | $ 13,400,000.00 | |||
FGL [Member] | Restricted stock awards [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | (18) | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $ 21.62 | ||||
Shares: | |||||
Restricted award outstanding at September 30, 2012 | 172 | 172 | |||
Granted | 325 | 171 | |||
Exercised / Released | 227 | ||||
Restricted award outstanding at March 31, 2013 | 252 | 252 | |||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Restricted award outstanding at September 30, 2012 | $ 18.18 | $ 18.18 | |||
Granted | $ 23.57 | ||||
Exercised / Released | $ 21.61 | ||||
Restricted award outstanding at March 31, 2013 | $ 21.91 | $ 21.91 | |||
FGL [Member] | Performance Restricted Stock Unit (PRSUs) [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | (72) | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $ 17.00 | ||||
Shares: | |||||
Restricted award outstanding at September 30, 2012 | 578 | 578 | |||
Granted | 40 | 541 | |||
Exercised / Released | 45 | ||||
Restricted award outstanding at March 31, 2013 | 501 | 501 | |||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Restricted award outstanding at September 30, 2012 | $ 17.37 | $ 17.37 | |||
Granted | $ 20.36 | ||||
Exercised / Released | $ 17.00 | ||||
Restricted award outstanding at March 31, 2013 | $ 17.69 | $ 17.69 | |||
FGL [Member] | Employee Stock Option [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Granted | 206 | 249 | |||
Shares: | |||||
Restricted award expected to vest | 199 | 199 | |||
Spectrum Brands [Member] | Immediate Vest Restricted Stock Units [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Stock Issued During Period, Shares, Restricted Stock Award, Gross | 133 | 90 | |||
Spectrum Brands [Member] | Time Based Restricted Stock Units [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Stock Issued During Period, Shares, Restricted Stock Award, Gross | 141 | 60 | |||
Spectrum Brands [Member] | Performance-based and Time-based Shares [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Stock Issued During Period, Shares, Restricted Stock Award, Gross | 277 | 290 | |||
Spectrum Brands [Member] | Restricted stock units [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | 36.3 | 36.3 | |||
Stock Issued During Period, Value, Restricted Stock Award, Gross | 49.8 | 30.6 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | (29) | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $ 85.39 | ||||
Shares: | |||||
Restricted award outstanding at September 30, 2012 | 827 | 827 | |||
Granted | 10 | 551 | 440 | ||
Exercised / Released | 705 | ||||
Restricted award outstanding at March 31, 2013 | 644 | ||||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Restricted award outstanding at September 30, 2012 | $ 67.66 | $ 67.66 | |||
Granted | $ 90.44 | ||||
Exercised / Released | $ 68.29 | ||||
Restricted award expected to vest | $ 85.65 | ||||
Spectrum Brands [Member] | Employee Stock Option [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Granted | 22 | 551 | |||
Fidelity And Guaranty Life Holdings [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $ 12.6 | $ 12.6 | |||
Fidelity And Guaranty Life Holdings [Member] | Restricted stock units [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | (1) | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $ 49.45 | ||||
Shares: | |||||
Restricted award outstanding at September 30, 2012 | 26 | 26 | |||
Exercised / Released | 14 | ||||
Restricted award outstanding at March 31, 2013 | 11 | ||||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Restricted award outstanding at September 30, 2012 | $ 49.55 | $ 49.55 | |||
Granted | $ 0.00 | ||||
Exercised / Released | $ 49.55 | ||||
Restricted award outstanding at March 31, 2013 | $ 49.57 | ||||
Fidelity And Guaranty Life Holdings [Member] | Employee Stock Option [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Granted | 0 | ||||
Shares: | |||||
Restricted award expected to vest | 25 | 25 | |||
Restricted stock units [Member] | HGI [Member] | Restricted stock awards [Member]
|
|||||
Shares: | |||||
Exercised / Released | 7 | ||||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Exercised / Released | $ 11.84 | ||||
Restricted stock units [Member] | FGL [Member] | Restricted stock awards [Member]
|
|||||
Shares: | |||||
Exercised / Released | 0 | ||||
Weighted Average Grant Date Fair Value (in dollars per share): | |||||
Exercised / Released | $ 0.00 | ||||
Minimum [Member] | Spectrum Brands [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms | 1 year | ||||
Minimum [Member] | Spectrum Brands [Member] | Performance-based and Time-based Shares [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms | 1 year | ||||
Maximum [Member] | Spectrum Brands [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms | 3 years | ||||
Maximum [Member] | Spectrum Brands [Member] | Performance-based and Time-based Shares [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms | 2 years |
X | ||||||||||
- Definition
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Awards Expected To Vest Weighted Average Grant Date Fair Value No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Stock Compensation - Additional Information (Detail) (USD $)
In Millions, except Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | 9 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 6 Months Ended | 9 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 6 Months Ended | 3 Months Ended | 6 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
Executive Bonus Plan [Member]
Minimum [Member]
|
Jun. 30, 2015
Executive Bonus Plan [Member]
Maximum [Member]
|
Jun. 30, 2015
HGI [Member]
|
Jun. 30, 2014
HGI [Member]
|
Jun. 30, 2015
HGI [Member]
Minimum [Member]
|
Jun. 30, 2015
HGI [Member]
Maximum [Member]
|
Jun. 30, 2015
HGI [Member]
Stock option awards [Member]
|
Jun. 30, 2014
HGI [Member]
Restricted stock awards [Member]
|
Jun. 30, 2015
HGI [Member]
Restricted stock awards [Member]
|
Jun. 30, 2014
HGI [Member]
Restricted stock awards [Member]
|
Sep. 30, 2014
HGI [Member]
Restricted stock awards [Member]
|
Jun. 30, 2015
HGI [Member]
Restricted stock units [Member]
|
Jun. 30, 2014
HGI [Member]
Restricted stock units [Member]
|
Mar. 31, 2015
HGI [Member]
Restricted stock units [Member]
|
Jun. 30, 2015
HGI [Member]
Restricted stock units [Member]
|
Jun. 30, 2014
HGI [Member]
Restricted stock units [Member]
|
Sep. 30, 2014
HGI [Member]
Restricted stock units [Member]
|
Jun. 30, 2015
HGI [Member]
Warrant [Member]
|
Jun. 30, 2015
HGI [Member]
Employee Stock Option [Member]
|
Jun. 30, 2014
HGI [Member]
Employee Stock Option [Member]
|
Mar. 31, 2014
HGI [Member]
Employee Stock Option [Member]
|
Jun. 30, 2015
HGI [Member]
Employee Stock Option [Member]
|
Jun. 30, 2014
HGI [Member]
Employee Stock Option [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Minimum [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Maximum [Member]
|
Jun. 30, 2014
Spectrum Brands [Member]
Restricted stock units [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Restricted stock units [Member]
|
Jun. 30, 2014
Spectrum Brands [Member]
Restricted stock units [Member]
|
Mar. 31, 2015
Spectrum Brands [Member]
Restricted stock units [Member]
|
Sep. 30, 2014
Spectrum Brands [Member]
Restricted stock units [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Immediate Vest Restricted Stock Units [Member]
|
Jun. 30, 2014
Spectrum Brands [Member]
Immediate Vest Restricted Stock Units [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Time Based Restricted Stock Units [Member]
|
Jun. 30, 2014
Spectrum Brands [Member]
Time Based Restricted Stock Units [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Performance-based and Time-based Shares [Member]
|
Jun. 30, 2014
Spectrum Brands [Member]
Performance-based and Time-based Shares [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Performance-based and Time-based Shares [Member]
Minimum [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Performance-based and Time-based Shares [Member]
Maximum [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Employee Stock Option [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
Employee Stock Option [Member]
|
Jun. 30, 2015
FGL [Member]
|
Jun. 30, 2014
FGL [Member]
|
Jun. 30, 2015
FGL [Member]
Performance Restricted Stock Unit (PRSUs) [Member]
|
Jun. 30, 2014
FGL [Member]
Performance Restricted Stock Unit (PRSUs) [Member]
|
Sep. 30, 2014
FGL [Member]
Performance Restricted Stock Unit (PRSUs) [Member]
|
Jun. 30, 2015
FGL [Member]
Restricted stock awards [Member]
|
Jun. 30, 2014
FGL [Member]
Restricted stock awards [Member]
|
Sep. 30, 2014
FGL [Member]
Restricted stock awards [Member]
|
Dec. 31, 2013
FGL [Member]
Common Stock [Member]
|
Jun. 30, 2015
FGL [Member]
Employee Stock Option [Member]
|
Jun. 30, 2014
FGL [Member]
Employee Stock Option [Member]
|
Jun. 30, 2015
Fidelity And Guaranty Life Holdings [Member]
|
Jun. 30, 2014
Fidelity And Guaranty Life Holdings [Member]
|
Jun. 30, 2015
Fidelity And Guaranty Life Holdings [Member]
Minimum [Member]
|
Mar. 31, 2015
Fidelity And Guaranty Life Holdings [Member]
Maximum [Member]
|
Jun. 30, 2015
Fidelity And Guaranty Life Holdings [Member]
Restricted stock units [Member]
|
Mar. 31, 2015
Fidelity And Guaranty Life Holdings [Member]
Restricted stock units [Member]
|
Sep. 30, 2014
Fidelity And Guaranty Life Holdings [Member]
Restricted stock units [Member]
|
Jun. 30, 2015
Fidelity And Guaranty Life Holdings [Member]
Employee Stock Option [Member]
|
Jun. 30, 2015
Restricted stock awards [Member]
|
Jun. 30, 2015
Restricted stock awards [Member]
|
Jun. 30, 2014
Restricted stock awards [Member]
|
Jun. 30, 2015
Stock option awards [Member]
|
Jun. 30, 2015
Stock option awards [Member]
|
Jun. 30, 2014
Stock option awards [Member]
|
Mar. 31, 2014
Employee Stock Option [Member]
HGI [Member]
|
Dec. 31, 2013
Employee Stock Option [Member]
HGI [Member]
Minimum [Member]
|
Mar. 31, 2015
Employee Stock Option [Member]
HGI [Member]
Minimum [Member]
|
Dec. 31, 2013
Employee Stock Option [Member]
HGI [Member]
Maximum [Member]
|
Mar. 31, 2015
Employee Stock Option [Member]
HGI [Member]
Maximum [Member]
|
Jun. 30, 2015
Employee Stock Option [Member]
FGL [Member]
|
Jun. 30, 2014
Employee Stock Option [Member]
FGL [Member]
|
Jun. 30, 2015
Employee Stock Option [Member]
FGL [Member]
Minimum [Member]
|
Jun. 30, 2014
Employee Stock Option [Member]
FGL [Member]
Minimum [Member]
|
Jun. 30, 2015
Employee Stock Option [Member]
FGL [Member]
Maximum [Member]
|
Jun. 30, 2015
Chief Executive Officer [Member]
FGL [Member]
|
Jun. 30, 2015
Chief Executive Officer [Member]
Employee Stock Option [Member]
FGL [Member]
|
Jun. 30, 2015
Chief Executive Officer [Member]
Employee Stock Option [Member]
FGL [Member]
Minimum [Member]
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value | $ 4.23 | $ 3,760,000.00 | $ 5.02 | $ 2,530,000.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate | 1.46% | 1.57% | 1.75% | 1.87% | 1.40% | 1.40% | 0.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Document Fiscal Year Focus | 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term | 0.00% | 0.00% | 1.50% | 1.20% | 0.00% | 1.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 28,900,000 | 51,000,000 | 3,000,000 | 2,700,000 | 2,400,000 | 1,300,000 | 1,400,000 | 1,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stock-based compensation | $ 26.4 | $ 19.7 | $ 71.9 | $ 67.1 | $ 1.6 | $ 3.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Options, granted | 42,000 | 7,000 | 48,000 | 78,000 | 30,000 | 900,000 | 1,356,000 | 22,000 | 551,000 | 206,000 | 249,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Vesting period | 1 year | 3 years | 3 years | 1 year | 3 years | 3 years | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity intruments other than options granted | 10,000 | 1,885,000 | 3,313,000 | 7,000 | 10,000 | 551,000 | 440,000 | 40,000 | 541,000 | 325,000 | 171,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Restricted Stock Award, Gross | 133,000 | 90,000 | 141,000 | 60,000 | 277,000 | 290,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms | 1 year | 3 years | 1 year | 2 years | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, Restricted Stock Award, Gross | 49.8 | 30.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | 22.2 | 36.3 | 12.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Unrecognized compensation cost expected to recognized, years | 1 year 6 months 14 days | 1 year 6 months 0 days | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Weighted average remaining contractual term of outstanding stock option awards | 7 years 7 months 7 days | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Granted | $ 30,500,000.00 | $ 46,600,000.00 | $ 13.36 | $ 12.46 | $ 90.44 | $ 9,500,000.00 | $ 13,400,000.00 | $ 20.36 | $ 23.57 | $ 1,000,000.00 | $ 0.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Exercised / Released | $ 31,400,000.00 | $ 14,800,000.00 | $ 8.92 | $ 12.46 | $ 68.29 | $ 17.00 | $ 21.61 | $ 49.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value | 3.9 | 3.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Employee Service Share-based Compensation, Cash Received from Exercise of Stock Options | $ 3.9 | $ 2.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Volatility | 4 years 6 months | 4 years 6 months | 5 years 3 months 18 days | 5 years 0 months 0 days | 6 years 0 months 0 days | 6 years 6 months 0 days | 9 months | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | 4,277,000 | 5,438,000 | 48,000 | 7,000 | 644,000 | 827,000 | 501,000 | 578,000 | 252,000 | 172,000 | 58,000 | 11,000 | 26,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stock options vested and exercisable at June 30, 2015 | 600,000 | 2,298,000 | 221,000 | 123,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 41.20% | 37.10% | 39.00% | 25.00% | 25.00% | 25.00% |
X | ||||||||||
- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Exercisable Number No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Stock Compensation - Assumptions Used in Determination of Grant Date Fair Values Using Black-Scholes Option Pricing Model (Detail) (USD $)
|
9 Months Ended | 6 Months Ended | 9 Months Ended | 6 Months Ended | 3 Months Ended | 6 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
Fidelity And Guaranty Life Holdings [Member]
|
Jun. 30, 2015
Fidelity And Guaranty Life Holdings [Member]
Minimum [Member]
|
Mar. 31, 2015
Fidelity And Guaranty Life Holdings [Member]
Maximum [Member]
|
Jun. 30, 2015
FGL [Member]
|
Jun. 30, 2014
FGL [Member]
|
Jun. 30, 2015
Employee Stock Option [Member]
FGL [Member]
|
Jun. 30, 2014
Employee Stock Option [Member]
FGL [Member]
|
Jun. 30, 2015
Employee Stock Option [Member]
FGL [Member]
Minimum [Member]
|
Jun. 30, 2014
Employee Stock Option [Member]
FGL [Member]
Minimum [Member]
|
Jun. 30, 2015
Employee Stock Option [Member]
FGL [Member]
Maximum [Member]
|
Mar. 31, 2014
Employee Stock Option [Member]
HGI [Member]
|
Dec. 31, 2013
Employee Stock Option [Member]
HGI [Member]
Minimum [Member]
|
Mar. 31, 2015
Employee Stock Option [Member]
HGI [Member]
Minimum [Member]
|
Dec. 31, 2013
Employee Stock Option [Member]
HGI [Member]
Maximum [Member]
|
Mar. 31, 2015
Employee Stock Option [Member]
HGI [Member]
Maximum [Member]
|
Mar. 31, 2015
Warrant [Member]
Fidelity And Guaranty Life Holdings [Member]
Maximum [Member]
|
Mar. 31, 2014
Employee Stock Option [Member]
HGI [Member]
|
Jun. 30, 2015
Employee Stock Option [Member]
HGI [Member]
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||||||||||||
Document Fiscal Year Focus | 2015 | ||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value | $ 4.23 | $ 3,760,000 | $ 5.02 | ||||||||||||||||
Risk-free interest rate | 1.40% | 1.40% | 1.46% | 1.57% | 1.75% | 1.87% | 0.00% | ||||||||||||
Assumed dividend yield | 1.50% | 1.20% | 0.00% | 0.00% | 0.00% | ||||||||||||||
Expected option term | 4 years 6 months | 4 years 6 months | 5 years 3 months 18 days | 5 years 0 months 0 days | 6 years 0 months 0 days | 6 years 6 months 0 days | |||||||||||||
Volatility | 25.00% | 25.00% | 41.20% | 37.10% | 39.00% |
X | ||||||||||
- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Stock Compensation Stock compensation - Schedule of Incentive Plan Activity (Details) (Spectrum Brands [Member], Restricted stock units [Member], USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Mar. 31, 2015
|
Sep. 30, 2014
|
|
Spectrum Brands [Member] | Restricted stock units [Member]
|
|||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | 644 | 827 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value | $ 67.66 | ||||
Granted | 10 | 551 | 440 | ||
Granted | $ 90.44 | ||||
Exercised / Released | (705) | ||||
Exercised / Released | $ 68.29 |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Income Taxes - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Income Taxes [Line Items] | ||||
Effective income tax rate | (4.30%) | 27.50% | (3.90%) | 48.30% |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 35.00% | |||
Income tax expense | $ 1.7 | $ 53.7 | $ 14.5 | $ 78.7 |
Increase Decrease In Fair Value Of Equity Conversion Feature Of Preferred Stock | (38.0) | 12.7 | ||
Increase In Valuation Allowance Due To Acquisition | 35.0 | |||
Spectrum Brands [Member] | U S Federal [Member]
|
||||
Income Taxes [Line Items] | ||||
Increase In Valuation Allowance Due To Acquisition | 31.0 | |||
Component of Income Tax Benefit Expense, Impairments, Nonrecurring [Member]
|
||||
Income Taxes [Line Items] | ||||
Income tax expense | $ 12.3 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Increase decrease in fair value of equity conversion feature of preferred stock. No definition available.
|
X | ||||||||||
- Definition
Increase in Valuation Allowance Due To Acquisition No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Earnings Per Share - Summary of Basic and Diluted EPS (Detail) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Earnings Per Share [Abstract] | ||||
Net Income (Loss) Available to Common Stockholders, Basic | $ (75.6) | $ 49.0 | $ (413.7) | $ (77.6) |
Weighted Average Number of Shares Outstanding, Diluted | 196,878 | 178,046 | 197,920 | 150,675 |
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements | 1,281 | |||
Incremental Common Shares Attributable To Conversion Of Restricted Stock Units | 3,798 | |||
Net income (loss) attributable to common and participating preferred stockholders | $ (75.6) | $ 49.0 | $ (413.7) | $ (77.6) |
Weighted-average common shares outstanding - basic | 196,878 | 172,967 | 197,920 | 150,675 |
Net (loss) income per common share attributable to controlling interest: | ||||
Basic (in dollars per share) | $ (0.38) | $ 0.28 | $ (2.09) | $ (0.52) |
Diluted (in dollars per share) | $ (0.38) | $ 0.28 | $ (2.09) | $ (0.52) |
X | ||||||||||
- Definition
Incremental Common Shares Attributable To Conversion Of Restricted Stock Units No definition available.
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to common and participating preferred stockholders. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Earnings Per Share - Additional Information (Details) (USD $)
|
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||||
Participating Shares | 197,083,000 | 201,043,000 | 197,083,000 | 201,043,000 |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 28,900,000 | 51,000,000 | ||
Basic (in dollars per share) | $ (0.38) | $ 0.28 | $ (2.09) | $ (0.52) |
Diluted (in dollars per share) | $ (0.38) | $ 0.28 | $ (2.09) | $ (0.52) |
Stock option awards [Member]
|
||||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 1,300,000 | 1,400,000 | 1,300,000 | |
Warrant [Member]
|
||||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 2,400,000 | 3,000,000 | ||
Preferred Stock [Member]
|
||||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||||
Share Price | $ 13.13 | $ 13.13 | ||
Restricted stock awards [Member]
|
||||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 3,000,000 | 2,700,000 | 2,400,000 |
X | ||||||||||
- Definition
Participating Shares No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Commitments and Contingencies - Additional Information (Detail) (USD $)
|
9 Months Ended | 9 Months Ended | 9 Months Ended | 0 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Sep. 30, 2014
|
Jun. 30, 2015
Maximum [Member]
|
Jun. 30, 2015
Minimum [Member]
|
Jun. 30, 2015
Fidelity And Guaranty Life Holdings [Member]
|
Apr. 06, 2011
Fidelity And Guaranty Life Holdings [Member]
|
Jun. 30, 2015
Spectrum Brands [Member]
|
Jun. 30, 2015
OMGUK CARVM financing fee [Member]
|
Jun. 30, 2015
HRG v OMGUK [Member]
|
Jun. 30, 2015
Cressy Plaintiff [Member]
|
Jun. 30, 2015
Eddie L. Cressy v. Fidelity Guaranty [sic] Life Insurance Company, et. al. [Member]
|
Jan. 07, 2015
Dale R. Ludwick, on behalf of Herself and All Others Similarly Situated v. Harbinger Group Inc., Fidelity & Guaranty Life Insurance Company, Raven Reinsurance Company, and Front Street Re (Cayman) Ltd [Member]
|
Jun. 30, 2015
Dale R. Ludwick, on behalf of Herself and All Others Similarly Situated v. Harbinger Group Inc., Fidelity & Guaranty Life Insurance Company, Raven Reinsurance Company, and Front Street Re (Cayman) Ltd [Member]
|
Jun. 30, 2015
Unasserted Claim [Member]
Fidelity And Guaranty Life Holdings [Member]
|
Jun. 30, 2015
Radioshack [Member]
Salus Capital Partners L L C [Member]
|
Jun. 30, 2015
Proposed Settlement [Member]
Kahn v. Philip A. Falcone et al [Member]
|
Jun. 30, 2015
Fixed Income Securities [Member]
|
Jun. 30, 2015
Other Invested Assets [Member]
|
Jun. 30, 2015
Other assets [Member]
|
|
Commitment And Contingencies [Line Items] | |||||||||||||||||||
Contractual Obligation | $ 215,400,000 | $ 35,000,000 | $ 156,600,000 | $ 23,800,000 | |||||||||||||||
Loss Contingency, Receivable | 3,600,000 | ||||||||||||||||||
Loss Contingency, Damages Sought, Value | 0 | ||||||||||||||||||
Reserves for legal, environmental and regulatory matters | 12,800,000 | 5,900,000 | |||||||||||||||||
Business Acquisition Fair Value Of Contingent Purchase Price Consideration Reduction | 50,000,000 | ||||||||||||||||||
Environmental costs recognized, capitalized | 4,500,000 | ||||||||||||||||||
Document Period End Date | Jun. 30, 2015 | ||||||||||||||||||
Long-term Debt | 6,860,300,000 | 5,194,500,000 | 250,000,000 | ||||||||||||||||
Revolving Loan Facility | 585,000,000 | ||||||||||||||||||
Accrued amount of guaranty fund assessments | 3,800,000 | ||||||||||||||||||
Estimated future premium tax deductions | 3,900,000 | ||||||||||||||||||
Administrative costs and potential liabilities | 1,800,000 | ||||||||||||||||||
Loss Contingency Accrual, Payments | 1.7 | ||||||||||||||||||
Notional amount of unfunded, legally binding lending commitments | 168,100,000 | ||||||||||||||||||
Expiration of partial amount of unfunded, legally binding lending commitments | 98,000,000 | ||||||||||||||||||
Expiry date of partial amount of notional amount | 1 year | ||||||||||||||||||
Expiry date of remainder part of notional amount | 5 years | 1 year | |||||||||||||||||
Litigation Settlement, Amount | 61.6 | 5,300,000 | 3.8 | ||||||||||||||||
Loss Contingency Accrual, Provision | 8,600,000 | ||||||||||||||||||
Estimated Litigation Liability | 2,700,000 | 900,000 | |||||||||||||||||
Legal Fees | 7,600,000 | 3,900,000 | |||||||||||||||||
Payments for Legal Settlements | $ 2,000,000 |
X | ||||||||||
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition
Business acquisition fair value of contingent purchase price consideration reduction. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Notional amount of unfunded, legally binding lending commitments. No definition available.
|
X | ||||||||||
- Definition
Partially amount of notional amount of unfunded, legally binding lending commitments. No definition available.
|
X | ||||||||||
- Definition
Contingent Liabilities Established Related To Administrative Costs And Potential Liabilities Due To Audits And Examinations No definition available.
|
X | ||||||||||
- Definition
Expiry Dated Of Partial Amount Of Notional Amount No definition available.
|
X | ||||||||||
- Definition
Expiry date of remainder part of notional amount. No definition available.
|
X | ||||||||||
- Definition
Reserves for legal, environmental and regulatory matters. No definition available.
|
X | ||||||||||
- Definition
Revolving Loan Facility No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Related Party Transactions - Additional Information (Detail) (USD $)
Share data in Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Sep. 30, 2014
|
Jun. 30, 2015
Preferred Stock [Member]
HCP Stockholders [Member]
|
Mar. 18, 2014
Preferred Stock [Member]
HCP Stockholders [Member]
|
Jun. 30, 2015
Maximum [Member]
Leucadia [Member]
|
Jun. 30, 2015
Maximum [Member]
Leucadia [Member]
|
Jun. 30, 2015
Severance Cost, one time payments [Member]
|
Jun. 30, 2015
Severance Cost, Accrued Bonus [Member]
|
Jun. 30, 2015
Severance Cost, Future Bonus [Member]
|
May 21, 2015
Bridge Loan [Member]
Jefferies [Member]
|
|
Related Party Transaction [Line Items] | |||||||||||||
Expenses related to Services Agreement | $ 700,000 | $ 1,500,000 | $ 3,300,000 | $ 4,400,000 | |||||||||
Severance Costs | 20,500,000 | 16,500,000 | 3,300,000 | ||||||||||
Stock Issued During Period, Shares, Acquisitions | 23 | ||||||||||||
Share Price | $ 11.00 | ||||||||||||
Stock Issued During Period, Value, Acquisitions | 253,000,000 | ||||||||||||
Percentage Of Beneficial Ownership | 27.50% | 4.90% | |||||||||||
Long-term Debt | $ 6,860,300,000 | $ 6,860,300,000 | $ 5,194,500,000 | $ 1,500 |
X | ||||||||||
- Definition
Percentage Of Beneficial Ownership No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Related Party Transactions Schedule of Related Party Transactions - Income Statement (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Sep. 30, 2014
|
|
Related Party Transaction [Line Items] | |||||
Accrued investment income | $ 165.8 | $ 165.8 | $ 184.9 | ||
Fortress Investment Group [Member]
|
|||||
Related Party Transaction [Line Items] | |||||
Accrued investment income | 2.2 | 2.2 | 1.9 | ||
Related Party Transaction, Due from (to) Related Party, Noncurrent | 205.0 | 205.0 | 196.8 | ||
Fixed Maturities [Member] | Fortress Investment Group [Member]
|
|||||
Related Party Transaction [Line Items] | |||||
Available-for-sale Securities, Noncurrent | 202.8 | 202.8 | 194.9 | ||
Net Investment Income | 1.9 | 6.2 | 0.9 | 0.9 | |
Fixed Maturities [Member] | Leucadia [Member]
|
|||||
Related Party Transaction [Line Items] | |||||
Net Investment Income | 0 | 0 | 1.3 | 1.3 | |
Fixed Maturities [Member] | Jefferies [Member]
|
|||||
Related Party Transaction [Line Items] | |||||
Net Investment Income | $ 0 | $ 0 | $ 0.9 | $ 2.6 |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Segment Data - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
Segment
|
Jun. 30, 2014
|
|
Segment Reporting Information [Line Items] | ||||
Asset Impairment Charges | $ 113.9 | $ (0.3) | $ 613.4 | $ 82.5 |
Number of reporting segments | 4 | |||
Insurance Segment [Member]
|
||||
Segment Reporting Information [Line Items] | ||||
Asset Impairment Charges | 16.2 | 58.6 | ||
Asset Management segment [Member]
|
||||
Segment Reporting Information [Line Items] | ||||
Asset Impairment Charges | 72.2 | |||
Radioshack [Member] | Insurance Segment [Member]
|
||||
Segment Reporting Information [Line Items] | ||||
Asset Impairment Charges | 40.0 | |||
Radioshack [Member] | Asset Management segment [Member]
|
||||
Segment Reporting Information [Line Items] | ||||
Asset Impairment Charges | $ 24.8 |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
Segment Data - Segment Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
Sep. 30, 2014
|
|||||||
Segment Reporting Information [Line Items] | |||||||||||
Document Fiscal Year Focus | 2015 | ||||||||||
Revenues: | |||||||||||
Consolidated revenues | $ 1,553.5 | $ 1,599.4 | $ 4,363.4 | $ 4,450.6 | |||||||
Operating income (loss): | |||||||||||
Consolidated operating income | 74.5 | 229.1 | (282.5) | 424.6 | |||||||
Interest expense | (154.0) | (77.9) | (320.1) | (239.1) | |||||||
Increase Decrease In Fair Value Of Equity Conversion Feature Of Preferred Stock | (38.0) | 12.7 | |||||||||
Gain on contingent purchase price reduction | 3.0 | 8.5 | 0.5 | ||||||||
Other income (expense), net | 36.8 | 6.0 | 223.3 | (10.5) | |||||||
(Loss) income from continuing operations before income taxes | (39.7) | 195.2 | (370.8) | 162.8 | |||||||
Total assets: | |||||||||||
Consolidated total assets | 32,970.0 | 32,970.0 | 30,100.2 | ||||||||
Total cash provided from operating activities: | |||||||||||
Consolidated cash provided from operating activities | (164.9) | 164.4 | |||||||||
Total segments [Member]
|
|||||||||||
Revenues: | |||||||||||
Consolidated revenues | 1,551.3 | 1,594.7 | 4,320.7 | 4,445.9 | |||||||
Operating income (loss): | |||||||||||
Consolidated operating income | 115.6 | 267.0 | (93.1) | 522.8 | |||||||
Total cash provided from operating activities: | |||||||||||
Consolidated cash provided from operating activities | (72.7) | 262.1 | |||||||||
Intersegment elimination [Member]
|
|||||||||||
Revenues: | |||||||||||
Consolidated revenues | 19.0 | [1] | (2.2) | [1] | 108.4 | [1] | (9.5) | [1] | |||
Operating income (loss): | |||||||||||
Consolidated operating income | 17.5 | [1] | (2.0) | [1] | 66.8 | [1] | (9.7) | [1] | |||
Gain on contingent purchase price reduction | 0 | ||||||||||
Other income (expense), net | (4.0) | (4.1) | |||||||||
(Loss) income from continuing operations before income taxes | 415.1 | (160.3) | |||||||||
Other Financial Services [Member]
|
|||||||||||
Operating income (loss): | |||||||||||
Consolidated operating income | (14.2) | 3.1 | |||||||||
Gain on contingent purchase price reduction | 0 | ||||||||||
Asset Management segment [Member]
|
|||||||||||
Revenues: | |||||||||||
Consolidated revenues | 7.2 | 11.3 | 20.3 | 25.6 | |||||||
Operating income (loss): | |||||||||||
Consolidated operating income | (82.7) | 3.2 | |||||||||
Other income (expense), net | (1.4) | (0.7) | |||||||||
(Loss) income from continuing operations before income taxes | (98.9) | (1.9) | |||||||||
Total assets: | |||||||||||
Consolidated total assets | 452.4 | 452.4 | 692.5 | ||||||||
Total cash provided from operating activities: | |||||||||||
Consolidated cash provided from operating activities | (6.4) | (1.2) | |||||||||
Energy Segment [Member]
|
|||||||||||
Revenues: | |||||||||||
Consolidated revenues | 24.3 | 37.6 | 84.6 | 112.3 | |||||||
Operating income (loss): | |||||||||||
Consolidated operating income | (114.3) | 8.6 | (470.6) | (57.2) | |||||||
Interest expense | (7.3) | (5.9) | |||||||||
Gain on contingent purchase price reduction | 0 | ||||||||||
Other income (expense), net | 162.8 | (12.4) | |||||||||
(Loss) income from continuing operations before income taxes | (321.9) | (82.3) | |||||||||
Total assets: | |||||||||||
Consolidated total assets | 394.8 | 394.8 | 504.8 | ||||||||
Total cash provided from operating activities: | |||||||||||
Consolidated cash provided from operating activities | 9.8 | 34.8 | |||||||||
Insurance Segment [Member]
|
|||||||||||
Revenues: | |||||||||||
Consolidated revenues | 253.3 | 419.5 | 725.1 | 1,066.7 | |||||||
Operating income (loss): | |||||||||||
Consolidated operating income | 90.9 | 108.6 | 53.7 | 220.2 | |||||||
Interest expense | (17.8) | (16.9) | |||||||||
Gain on contingent purchase price reduction | 0 | ||||||||||
(Loss) income from continuing operations before income taxes | (44.8) | 201.7 | |||||||||
Total assets: | |||||||||||
Consolidated total assets | 24,524.0 | 24,524.0 | 23,195.8 | ||||||||
Total cash provided from operating activities: | |||||||||||
Consolidated cash provided from operating activities | 82.7 | 279.4 | |||||||||
Consumer Products Segment [Member]
|
|||||||||||
Revenues: | |||||||||||
Consolidated revenues | 1,247.5 | 1,128.5 | 3,382.3 | 3,250.8 | |||||||
Operating income (loss): | |||||||||||
Consolidated operating income | 135.7 | 148.7 | 339.7 | 366.3 | |||||||
Interest expense | (206.5) | (151.7) | |||||||||
Gain on contingent purchase price reduction | 0 | ||||||||||
Other income (expense), net | (5.6) | (4.4) | |||||||||
(Loss) income from continuing operations before income taxes | 127.6 | 210.2 | |||||||||
Total assets: | |||||||||||
Consolidated total assets | 7,472.2 | 7,472.2 | 5,513.0 | ||||||||
Total cash provided from operating activities: | |||||||||||
Consolidated cash provided from operating activities | (158.8) | (50.9) | |||||||||
Corporate expenses [Member]
|
|||||||||||
Revenues: | |||||||||||
Consolidated revenues | 2.2 | 4.7 | 42.7 | 4.7 | |||||||
Operating income (loss): | |||||||||||
Consolidated operating income | (41.1) | (37.9) | (189.4) | (98.2) | |||||||
Interest expense | (88.5) | (64.6) | |||||||||
Increase Decrease In Fair Value Of Equity Conversion Feature Of Preferred Stock | 12.7 | ||||||||||
Gain on contingent purchase price reduction | 8.5 | 0.5 | |||||||||
Other income (expense), net | 71.5 | 11.1 | |||||||||
(Loss) income from continuing operations before income taxes | (447.9) | (4.6) | |||||||||
Total assets: | |||||||||||
Consolidated total assets | 2,680.9 | 2,680.9 | 2,933.1 | ||||||||
Corporate Segment [Member]
|
|||||||||||
Total cash provided from operating activities: | |||||||||||
Consolidated cash provided from operating activities | $ (92.2) | $ (97.7) | |||||||||
|
X | ||||||||||
- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition
Income from contingent purchase price reduction. No definition available.
|
X | ||||||||||
- Definition
Increase decrease in fair value of equity conversion feature of preferred stock. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Consolidating Financial Information - Schedule of Balance Sheet Information (Detail) (USD $)
In Millions, unless otherwise specified |
Jun. 30, 2015
|
Sep. 30, 2014
|
Jun. 30, 2014
|
Sep. 30, 2013
|
---|---|---|---|---|
Assets: | ||||
Investments | $ 19,497.9 | $ 19,252.5 | ||
Cash and cash equivalents | 1,293.2 | 1,319.2 | 1,455.9 | 1,899.7 |
Receivables, net | 754.7 | 585.1 | ||
Inventories, net | 903.7 | 635.2 | ||
Accrued investment income | 165.8 | 184.9 | ||
Reinsurance recoverable | 2,382.2 | 2,397.6 | ||
Deferred tax assets | 275.9 | 186.7 | ||
Properties, including oil and natural gas properties, net | 855.8 | 908.6 | ||
Goodwill | 2,498.7 | 1,524.8 | ||
Intangibles, including deferred acquisition costs and value of business acquired, net | 3,386.0 | 2,683.7 | ||
Other assets | 956.1 | 421.9 | ||
Total assets | 32,970.0 | 30,100.2 | ||
Liabilities and Equity: | ||||
Debt | 6,781.3 | 5,061.1 | ||
Employee benefit obligations | 78.5 | 86.2 | ||
Deferred tax liabilities | 611.7 | 533.3 | ||
Total liabilities | 31,098.2 | 27,843.2 | ||
Total stockholders' equity | 839.7 | 1,441.6 | ||
Noncontrolling interests | 1,032.1 | 815.4 | ||
Total permanent equity | 1,871.8 | 2,257.0 | ||
Total liabilities and equity | 32,970.0 | 30,100.2 | ||
Consolidated Entities [Member]
|
||||
Assets: | ||||
Investments | 19,497.9 | 19,252.5 | ||
Cash and cash equivalents | 1,293.2 | 1,319.2 | ||
Receivables, net | 754.7 | 585.1 | ||
Inventories, net | 903.7 | 635.2 | ||
Accrued investment income | 165.8 | 184.9 | ||
Reinsurance recoverable | 2,382.2 | 2,397.6 | ||
Deferred tax assets | 275.9 | 186.7 | ||
Properties, including oil and natural gas properties, net | 855.8 | 908.6 | ||
Goodwill | 2,498.7 | 1,524.8 | ||
Intangibles, including deferred acquisition costs and value of business acquired, net | 3,386.0 | 2,683.7 | ||
Other assets | 956.1 | 421.9 | ||
Total assets | 32,970.0 | 30,100.2 | ||
Liabilities and Equity: | ||||
Insurance reserves | 21,861.1 | 20,215.1 | ||
Debt | 6,832.7 | 5,157.8 | ||
Accounts payable and other current liabilities | 927.2 | 1,033.0 | ||
Employee benefit obligations | 78.5 | 86.2 | ||
Deferred tax liabilities | 611.7 | 533.3 | ||
Other liabilities | 787.0 | 817.8 | ||
Total liabilities | 31,098.2 | 27,843.2 | ||
Total stockholders' equity | 839.7 | 1,441.6 | ||
Noncontrolling interests | 1,032.1 | 815.4 | ||
Total permanent equity | 1,871.8 | 2,257.0 | ||
Total liabilities and equity | 32,970.0 | 30,100.2 | ||
Consolidation, Eliminations [Member]
|
||||
Assets: | ||||
Investments | (271.1) | (246.5) | ||
Investments in subsidiaries and affiliates | (2,173.6) | (2,306.1) | ||
Affiliated loans and receivables | (109.0) | (185.7) | ||
Accrued investment income | (0.6) | (0.6) | ||
Deferred tax assets | (0.1) | |||
Total assets | (2,554.3) | (2,739.0) | ||
Liabilities and Equity: | ||||
Insurance reserves | 0 | |||
Accounts payable and other current liabilities | 0.5 | 0.5 | ||
Employee benefit obligations | 0 | |||
Deferred tax liabilities | 8.7 | 0.1 | ||
Other liabilities | 0.5 | |||
Affiliated debt and payables | (412.4) | (431.4) | ||
Total liabilities | (402.7) | (430.8) | ||
Total stockholders' equity | (2,151.6) | (2,308.2) | ||
Noncontrolling interests | 0 | |||
Total permanent equity | (2,151.6) | (2,308.2) | ||
Total liabilities and equity | (2,554.3) | (2,739.0) | ||
Corporate and Other [Member]
|
||||
Assets: | ||||
Investments | 41.9 | 93.7 | ||
Investments in subsidiaries and affiliates | 2,239.9 | 2,237.9 | ||
Affiliated loans and receivables | 0.1 | |||
Cash and cash equivalents | 351.8 | 423.1 | ||
Receivables, net | 10.4 | 43.1 | ||
Inventories, net | 10.7 | |||
Deferred tax assets | 1.1 | 1.1 | ||
Properties, including oil and natural gas properties, net | 1.1 | 2.5 | ||
Goodwill | 44.5 | |||
Intangibles, including deferred acquisition costs and value of business acquired, net | 41.8 | |||
Other assets | 34.6 | 34.7 | ||
Total assets | 2,680.9 | 2,933.1 | ||
Liabilities and Equity: | ||||
Debt | 1,736.4 | 1,325.0 | ||
Accounts payable and other current liabilities | 98.3 | 104.6 | ||
Employee benefit obligations | 4.0 | 4.3 | ||
Deferred tax liabilities | 1.1 | 17.2 | ||
Other liabilities | 0.9 | 1.1 | ||
Affiliated debt and payables | 0.5 | 34.8 | ||
Total liabilities | 1,841.2 | 1,487.0 | ||
Total stockholders' equity | 839.7 | 1,441.6 | ||
Noncontrolling interests | 0 | 4.5 | ||
Total permanent equity | 839.7 | 1,446.1 | ||
Total liabilities and equity | 2,680.9 | 2,933.1 | ||
Asset Management segment [Member]
|
||||
Assets: | ||||
Investments | 303.4 | 584.6 | ||
Affiliated loans and receivables | 0.8 | 28.5 | ||
Cash and cash equivalents | 125.7 | 53.5 | ||
Receivables, net | 1.1 | 0.9 | ||
Accrued investment income | 2.1 | 3.7 | ||
Deferred tax assets | 0.1 | |||
Properties, including oil and natural gas properties, net | 1.3 | 1.4 | ||
Goodwill | 10.7 | 10.7 | ||
Other assets | 7.2 | 9.2 | ||
Total assets | 452.4 | 692.5 | ||
Liabilities and Equity: | ||||
Insurance reserves | 0 | |||
Debt | 123.6 | 298.7 | ||
Accounts payable and other current liabilities | 9.2 | 8.5 | ||
Employee benefit obligations | 0 | |||
Deferred tax liabilities | 0 | |||
Other liabilities | 25.0 | 19.3 | ||
Affiliated debt and payables | 311.0 | 286.5 | ||
Total liabilities | 468.8 | 613.0 | ||
Total stockholders' equity | (12.2) | 68.2 | ||
Noncontrolling interests | (4.2) | 11.3 | ||
Total permanent equity | (16.4) | 79.5 | ||
Total liabilities and equity | 452.4 | 692.5 | ||
Energy Segment [Member]
|
||||
Assets: | ||||
Cash and cash equivalents | 31.8 | 14.2 | ||
Receivables, net | 21.4 | 23.7 | ||
Properties, including oil and natural gas properties, net | 339.5 | 464.4 | ||
Other assets | 2.1 | 2.5 | ||
Total assets | 394.8 | 504.8 | ||
Liabilities and Equity: | ||||
Debt | 327.0 | 243.2 | ||
Accounts payable and other current liabilities | 30.7 | 31.3 | ||
Employee benefit obligations | 0 | |||
Other liabilities | 38.8 | 27.3 | ||
Affiliated debt and payables | 100.0 | 102.3 | ||
Total liabilities | 496.5 | 404.1 | ||
Total stockholders' equity | (101.7) | 100.7 | ||
Total permanent equity | (101.7) | 100.7 | ||
Total liabilities and equity | 394.8 | 504.8 | ||
Insurance Segment [Member]
|
||||
Assets: | ||||
Investments | 19,423.7 | 18,820.7 | ||
Investments in subsidiaries and affiliates | (66.3) | 68.2 | ||
Affiliated loans and receivables | 108.1 | 157.2 | ||
Cash and cash equivalents | 676.7 | 633.8 | ||
Receivables, net | 0.4 | 2.1 | ||
Accrued investment income | 164.3 | 181.8 | ||
Reinsurance recoverable | 2,382.2 | 2,397.6 | ||
Deferred tax assets | 229.8 | 139.0 | ||
Properties, including oil and natural gas properties, net | 13.8 | 11.4 | ||
Intangibles, including deferred acquisition costs and value of business acquired, net | 857.9 | 550.4 | ||
Other assets | 733.4 | 233.6 | ||
Total assets | 24,524.0 | 23,195.8 | ||
Liabilities and Equity: | ||||
Insurance reserves | 21,861.1 | 20,215.1 | ||
Debt | 300.0 | 300.0 | ||
Accounts payable and other current liabilities | 37.2 | 71.9 | ||
Employee benefit obligations | 0 | |||
Deferred tax liabilities | 0 | |||
Other liabilities | 694.3 | 748.9 | ||
Affiliated debt and payables | 0.9 | 7.8 | ||
Total liabilities | 22,893.5 | 21,343.7 | ||
Total stockholders' equity | 1,329.7 | 1,526.9 | ||
Noncontrolling interests | 300.8 | 325.2 | ||
Total permanent equity | 1,630.5 | 1,852.1 | ||
Total liabilities and equity | 24,524.0 | 23,195.8 | ||
Consumer Products Segment [Member]
|
||||
Assets: | ||||
Cash and cash equivalents | 107.2 | 194.6 | ||
Receivables, net | 721.4 | 515.3 | ||
Inventories, net | 903.7 | 624.5 | ||
Deferred tax assets | 44.9 | 46.7 | ||
Properties, including oil and natural gas properties, net | 500.1 | 428.9 | ||
Goodwill | 2,488.0 | 1,469.6 | ||
Intangibles, including deferred acquisition costs and value of business acquired, net | 2,528.1 | 2,091.5 | ||
Other assets | 178.8 | 141.9 | ||
Total assets | 7,472.2 | 5,513.0 | ||
Liabilities and Equity: | ||||
Debt | 4,345.7 | 2,990.9 | ||
Accounts payable and other current liabilities | 751.3 | 816.2 | ||
Employee benefit obligations | 74.5 | 81.9 | ||
Deferred tax liabilities | 601.9 | 516.0 | ||
Other liabilities | 27.5 | 21.2 | ||
Total liabilities | 5,800.9 | 4,426.2 | ||
Total stockholders' equity | 935.8 | 612.4 | ||
Noncontrolling interests | 735.5 | 474.4 | ||
Total permanent equity | 1,671.3 | 1,086.8 | ||
Total liabilities and equity | $ 7,472.2 | $ 5,513.0 |
X | ||||||||||
- Definition
Property, Plant and Equipment including Oil and Gas Property, Net No definition available.
|
X | ||||||||||
- Definition
Total Insurance Reserves No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
Consolidating Financial Information - Schedule of Income Statement Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2015
|
Jun. 30, 2014
|
Jun. 30, 2015
|
Jun. 30, 2014
|
|||||||
Revenues: | ||||||||||
Net consumer and other product sales | $ 1,249.7 | $ 1,133.2 | $ 3,425.0 | $ 3,255.5 | ||||||
Oil and natural gas | 24.3 | 37.6 | 84.6 | 112.3 | ||||||
Insurance premiums | 17.8 | 13.3 | 44.0 | 42.0 | ||||||
Net investment income | 231.6 | 210.9 | 687.4 | 618.5 | ||||||
Net investment gains | 5.7 | 184.6 | 53.8 | 367.4 | ||||||
Insurance and investment product fees and other | 24.4 | 19.8 | 68.6 | 54.9 | ||||||
Revenues | 1,553.5 | 1,599.4 | 4,363.4 | 4,450.6 | ||||||
Operating costs and expenses: | ||||||||||
Cost of consumer products and other goods sold | 791.3 | 714.9 | 2,210.3 | 2,096.4 | ||||||
Oil and natural gas direct operating costs | 22.3 | 17.7 | 66.1 | 50.9 | ||||||
Benefits and other changes in policy reserves | 56.3 | 265.1 | 493.0 | 696.3 | ||||||
Selling, acquisition, operating and general expenses | 395.6 | 332.2 | 1,113.5 | 978.4 | ||||||
Asset Impairment Charges | 113.9 | (0.3) | 613.4 | 82.5 | ||||||
Impairment of Proved Oil and Gas Properties | 439.4 | 81.0 | ||||||||
Amortization of intangibles | 99.6 | 40.7 | 149.6 | 121.5 | ||||||
Total operating costs and expenses | 1,479.0 | 1,370.3 | 4,645.9 | 4,026.0 | ||||||
Operating income | 74.5 | 229.1 | (282.5) | 424.6 | ||||||
Interest expense | (154.0) | (77.9) | (320.1) | (239.1) | ||||||
Other income (expense), net | 36.8 | 6.0 | 223.3 | (10.5) | ||||||
(Loss) income from continuing operations before income taxes | (39.7) | 195.2 | (370.8) | 162.8 | ||||||
Income tax expense | 1.7 | 53.7 | 14.5 | 78.7 | ||||||
Net income (loss) | (41.4) | 141.5 | (385.3) | 84.1 | ||||||
Less: Net income attributable to noncontrolling interest | 34.2 | 43.2 | 28.4 | 88.1 | ||||||
Net income (loss) attributable to controlling interest | (75.6) | 98.3 | (413.7) | (4.0) | ||||||
Less: Preferred stock dividends and accretion | 49.3 | 73.6 | ||||||||
Net income (loss) attributable to common and participating preferred stockholders | (75.6) | 49.0 | (413.7) | (77.6) | ||||||
Increase Decrease In Fair Value Of Equity Conversion Feature Of Preferred Stock | (38.0) | 12.7 | ||||||||
Gain on contingent purchase price reduction | 3.0 | 8.5 | 0.5 | |||||||
Consolidated Entities [Member]
|
||||||||||
Revenues: | ||||||||||
Net consumer and other product sales | 3,425.0 | 3,255.5 | ||||||||
Oil and natural gas | 112.3 | |||||||||
Insurance premiums | 44.0 | 42.0 | ||||||||
Net investment income | 687.4 | 618.5 | ||||||||
Net investment gains | 53.8 | 367.4 | ||||||||
Insurance and investment product fees and other | 68.6 | 54.9 | ||||||||
Revenues | 4,363.4 | 4,450.6 | ||||||||
Operating costs and expenses: | ||||||||||
Cost of consumer products and other goods sold | 2,210.3 | 2,096.4 | ||||||||
Oil and natural gas direct operating costs | 50.9 | |||||||||
Benefits and other changes in policy reserves | 493.0 | 696.3 | ||||||||
Selling, acquisition, operating and general expenses | 1,113.5 | 978.4 | ||||||||
Asset Impairment Charges | 613.4 | 82.5 | ||||||||
Amortization of intangibles | 149.6 | 121.5 | ||||||||
Total operating costs and expenses | 4,645.9 | 4,026.0 | ||||||||
Operating income | (282.5) | 424.6 | ||||||||
Interest expense | (320.1) | (239.1) | ||||||||
Other income (expense), net | 223.3 | (10.5) | ||||||||
(Loss) income from continuing operations before income taxes | (370.8) | |||||||||
Income tax expense | 14.5 | 78.7 | ||||||||
Net income (loss) | (385.3) | 84.1 | ||||||||
Less: Net income attributable to noncontrolling interest | 28.4 | 88.1 | ||||||||
Net income (loss) attributable to controlling interest | (413.7) | (4.0) | ||||||||
Less: Preferred stock dividends and accretion | 73.6 | |||||||||
Net income (loss) attributable to common and participating preferred stockholders | (77.6) | |||||||||
Increase Decrease In Fair Value Of Equity Conversion Feature Of Preferred Stock | 12.7 | |||||||||
Gain on contingent purchase price reduction | 8.5 | 0.5 | ||||||||
Intersegment elimination [Member]
|
||||||||||
Revenues: | ||||||||||
Net investment income | (11.1) | (10.0) | ||||||||
Net investment gains | 119.5 | 0.5 | ||||||||
Revenues | 19.0 | [1] | (2.2) | [1] | 108.4 | [1] | (9.5) | [1] | ||
Operating costs and expenses: | ||||||||||
Asset Impairment Charges | 41.6 | |||||||||
Impairment of Proved Oil and Gas Properties | 0.2 | |||||||||
Total operating costs and expenses | 41.6 | 0.2 | ||||||||
Operating income | 17.5 | [1] | (2.0) | [1] | 66.8 | [1] | (9.7) | [1] | ||
Equity in net income (losses) of subsidiaries | 327.8 | (158.0) | ||||||||
Affiliated interest income | (24.5) | (11.5) | ||||||||
Other income (expense), net | (4.0) | (4.1) | ||||||||
(Loss) income from continuing operations before income taxes | 415.1 | (160.3) | ||||||||
Income tax expense | 7.6 | (0.2) | ||||||||
Net income (loss) | 407.5 | (160.1) | ||||||||
Net income (loss) attributable to controlling interest | 407.5 | (160.1) | ||||||||
Net income (loss) attributable to common and participating preferred stockholders | (160.1) | |||||||||
Gain on contingent purchase price reduction | 0 | |||||||||
Corporate and Other [Member]
|
||||||||||
Revenues: | ||||||||||
Net consumer and other product sales | 42.7 | 4.7 | ||||||||
Revenues | 2.2 | 4.7 | 42.7 | 4.7 | ||||||
Operating costs and expenses: | ||||||||||
Cost of consumer products and other goods sold | 30.9 | 3.5 | ||||||||
Selling, acquisition, operating and general expenses | 141.0 | 99.4 | ||||||||
Asset Impairment Charges | 60.2 | |||||||||
Total operating costs and expenses | 232.1 | 102.9 | ||||||||
Operating income | (41.1) | (37.9) | (189.4) | (98.2) | ||||||
Equity in net income (losses) of subsidiaries | (247.1) | 159.8 | ||||||||
Interest expense | (88.5) | (64.6) | ||||||||
Affiliated interest income | 2.9 | 0.5 | ||||||||
Other income (expense), net | 71.5 | 11.1 | ||||||||
(Loss) income from continuing operations before income taxes | (447.9) | (4.6) | ||||||||
Income tax expense | (13.2) | |||||||||
Net income (loss) | (434.7) | (4.6) | ||||||||
Less: Net income attributable to noncontrolling interest | (21.0) | (0.6) | ||||||||
Net income (loss) attributable to controlling interest | (413.7) | (4.0) | ||||||||
Less: Preferred stock dividends and accretion | 73.6 | |||||||||
Net income (loss) attributable to common and participating preferred stockholders | (77.6) | |||||||||
Increase Decrease In Fair Value Of Equity Conversion Feature Of Preferred Stock | 12.7 | |||||||||
Gain on contingent purchase price reduction | 8.5 | 0.5 | ||||||||
Other Financial Services [Member]
|
||||||||||
Operating costs and expenses: | ||||||||||
Operating income | (14.2) | 3.1 | ||||||||
Gain on contingent purchase price reduction | 0 | |||||||||
Asset Management segment [Member]
|
||||||||||
Revenues: | ||||||||||
Net investment income | 20.2 | 25.6 | ||||||||
Insurance and investment product fees and other | 0.1 | |||||||||
Revenues | 7.2 | 11.3 | 20.3 | 25.6 | ||||||
Operating costs and expenses: | ||||||||||
Selling, acquisition, operating and general expenses | 30.8 | 21.1 | ||||||||
Asset Impairment Charges | 72.2 | |||||||||
Impairment of Proved Oil and Gas Properties | 1.3 | |||||||||
Total operating costs and expenses | 103.0 | 22.4 | ||||||||
Operating income | (82.7) | 3.2 | ||||||||
Affiliated interest income | 14.8 | 4.4 | ||||||||
Other income (expense), net | (1.4) | (0.7) | ||||||||
(Loss) income from continuing operations before income taxes | (98.9) | (1.9) | ||||||||
Income tax expense | (0.1) | |||||||||
Net income (loss) | (98.9) | (1.8) | ||||||||
Less: Net income attributable to noncontrolling interest | (18.2) | |||||||||
Net income (loss) attributable to controlling interest | (80.7) | (1.8) | ||||||||
Net income (loss) attributable to common and participating preferred stockholders | (1.8) | |||||||||
Energy Segment [Member]
|
||||||||||
Revenues: | ||||||||||
Oil and natural gas | 84.6 | 112.3 | ||||||||
Revenues | 24.3 | 37.6 | 84.6 | 112.3 | ||||||
Operating costs and expenses: | ||||||||||
Oil and natural gas direct operating costs | 66.1 | 50.9 | ||||||||
Selling, acquisition, operating and general expenses | 49.7 | 37.6 | ||||||||
Asset Impairment Charges | 102.8 | 439.4 | ||||||||
Impairment of Proved Oil and Gas Properties | 81.0 | |||||||||
Total operating costs and expenses | 555.2 | 169.5 | ||||||||
Operating income | (114.3) | 8.6 | (470.6) | (57.2) | ||||||
Interest expense | (7.3) | (5.9) | ||||||||
Affiliated interest income | 6.8 | 6.8 | ||||||||
Other income (expense), net | 162.8 | (12.4) | ||||||||
(Loss) income from continuing operations before income taxes | (321.9) | (82.3) | ||||||||
Net income (loss) | (321.9) | (82.3) | ||||||||
Less: Net income attributable to noncontrolling interest | (0.8) | |||||||||
Net income (loss) attributable to controlling interest | (321.1) | (82.3) | ||||||||
Net income (loss) attributable to common and participating preferred stockholders | (82.3) | |||||||||
Gain on contingent purchase price reduction | 0 | |||||||||
Insurance Segment [Member]
|
||||||||||
Revenues: | ||||||||||
Insurance premiums | 44.0 | 42.0 | ||||||||
Net investment income | 678.3 | 602.9 | ||||||||
Net investment gains | (65.7) | 366.9 | ||||||||
Insurance and investment product fees and other | 68.5 | 54.9 | ||||||||
Revenues | 253.3 | 419.5 | 725.1 | 1,066.7 | ||||||
Operating costs and expenses: | ||||||||||
Benefits and other changes in policy reserves | 493.0 | 696.3 | ||||||||
Selling, acquisition, operating and general expenses | 92.8 | 89.9 | ||||||||
Asset Impairment Charges | 16.2 | 58.6 | ||||||||
Amortization of intangibles | 85.6 | 60.3 | ||||||||
Total operating costs and expenses | 671.4 | 846.5 | ||||||||
Operating income | 90.9 | 108.6 | 53.7 | 220.2 | ||||||
Equity in net income (losses) of subsidiaries | (80.7) | (1.8) | ||||||||
Interest expense | (17.8) | (16.9) | ||||||||
Affiliated interest income | (0.2) | |||||||||
(Loss) income from continuing operations before income taxes | (44.8) | 201.7 | ||||||||
Income tax expense | 15.3 | 35.2 | ||||||||
Net income (loss) | (60.1) | 166.5 | ||||||||
Less: Net income attributable to noncontrolling interest | 17.1 | 19.7 | ||||||||
Net income (loss) attributable to controlling interest | (77.2) | 146.8 | ||||||||
Net income (loss) attributable to common and participating preferred stockholders | 146.8 | |||||||||
Gain on contingent purchase price reduction | 0 | |||||||||
Consumer Products Segment [Member]
|
||||||||||
Revenues: | ||||||||||
Net consumer and other product sales | 3,382.3 | 3,250.8 | ||||||||
Revenues | 1,247.5 | 1,128.5 | 3,382.3 | 3,250.8 | ||||||
Operating costs and expenses: | ||||||||||
Cost of consumer products and other goods sold | 2,179.4 | 2,092.9 | ||||||||
Selling, acquisition, operating and general expenses | 799.2 | 730.4 | ||||||||
Amortization of intangibles | 64.0 | 61.2 | ||||||||
Total operating costs and expenses | 3,042.6 | 2,884.5 | ||||||||
Operating income | 135.7 | 148.7 | 339.7 | 366.3 | ||||||
Interest expense | (206.5) | (151.7) | ||||||||
Other income (expense), net | (5.6) | (4.4) | ||||||||
(Loss) income from continuing operations before income taxes | 127.6 | 210.2 | ||||||||
Income tax expense | 4.8 | 43.8 | ||||||||
Net income (loss) | 122.8 | 166.4 | ||||||||
Less: Net income attributable to noncontrolling interest | 51.3 | 69.0 | ||||||||
Net income (loss) attributable to controlling interest | 71.5 | 97.4 | ||||||||
Net income (loss) attributable to common and participating preferred stockholders | 97.4 | |||||||||
Gain on contingent purchase price reduction | $ 0 | |||||||||
|
X | ||||||||||
- Definition
Impairment of Proved Oil and Gas Properties No definition available.
|
X | ||||||||||
- Definition
Income from contingent purchase price reduction. No definition available.
|
X | ||||||||||
- Definition
Increase decrease in fair value of equity conversion feature of preferred stock. No definition available.
|
X | ||||||||||
- Definition
Interest Income From Affiliates No definition available.
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to common and participating preferred stockholders. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
|