Deferred Tax Assets, Net, Noncurrent

1,679.4

1,710.1

Receivables, net

662.3

632.9

Inventories, net

924.4

780.8

299.8

51.2

Properties, including oil and natural gas properties, net

664.7

798.4

Goodwill

2,494.1

2,487.4

Intangibles

2,432.4

2,480.3

Disposal Group, Including Discontinued Operation, Assets, Current

149.1

134.3

25,544.0

24,984.5

Total assets

35,455.1

35,034.0

Insurance reserves:

1,824.8

1,856.0

6,232.0

6,310.5

^[1],[2]

Employee benefit obligations

847.5

1,095.6

87.6

92.9

Deferred tax liabilities

895.6

574.5

Disposal Group, Including Discontinued Operation, Liabilities, Current

71.6

95.5

23,988.1

23,420.9

Commitments and contingencies

33,947.2

33,445.9

147.8

HRG Group, Inc. shareholders' equity:

Common stock

2.0

Additional paid-in capital

1,437.7

1,458.5

Accumulated deficit

(901.8)

(833.1)

Accumulated other comprehensive loss

(72.8)

(40.7)

Total HRG Group, Inc. shareholders' equity

465.1

586.7

Noncontrolling interest

1,042.8

1,001.4

Total shareholders' equity

1,507.9

1,588.1

Total liabilities and equity

$ 35,455.1

$ 35,034.0

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

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Gain (Loss) on Disposition of Oil and Gas Property	$ 0.0	$ 0.0	$ 105.6	$ 0.0
Revenues:
Net consumer and other product sales	1,209.6	1,086.5	2,428.4	2,175.3
Oil and natural gas	9.5	26.0	26.3	60.3
Net investment income	15.5	19.5	37.0	43.9
Net investment gains	33.1	9.7	7.2	4.8
Insurance and investment product fees and other	1.8	2.1	4.1	3.2
Total revenues	1,269.5	1,143.8	2,503.0	2,287.5
Operating costs and expenses:
Cost of consumer products and other goods sold	746.8	707.0	1,524.9	1,419.0
Oil and natural gas direct operating costs	9.2	23.3	26.3	43.8
Benefits and other changes in policy reserves	35.7	30.6	43.8	50.3
Selling, acquisition, operating and general expenses	311.0	324.2	619.1	660.4
Asset Impairment Charges	27.6	214.6	90.8	464.4
Amortization of intangibles	23.4	21.2	47.0	41.7
Total operating costs and expenses	1,153.7	1,320.9	2,351.9	2,679.6
Operating income (loss)	115.8	(177.1)	151.1	(392.1)
Interest expense	(95.8)	(81.1)	(193.3)	(157.5)
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain	0.0	0.0	0.0	141.2
Other income, net	0.5	14.1	1.6	46.9
Income (loss) from continuing operations before income taxes	20.5	(244.1)	65.0	(361.5)
Income tax expense (benefit)	8.9	(0.8)	10.8	5.2
Net income (loss) from continuing operations	(1.5)	(237.5)	5.5	(343.9)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	11.6	(243.3)	54.2	(366.7)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(13.1)	5.8	(48.7)	22.8
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]
Less: Net income (loss) attributable to noncontrolling interest	33.3	(9.2)	74.2	(5.8)
Net loss attributable to controlling interest	(34.8)	(228.3)	(68.7)	(338.1)
Net loss attributable to common and participating preferred stockholders	(34.8)	(228.3)	(68.7)	(338.1)
Income (Loss) from Continuing Operations Attributable to Parent	$ (19.9)	$ (236.9)	(8.8)	(360.4)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent			$ (48.7)	$ 22.8
Net loss per common share attributable to controlling interest:
Basic (in dollars per share)	$ (0.18)	$ (1.16)	$ (0.35)	$ (1.71)
Income (Loss) from Continuing Operations, Per Basic Share	(0.10)	(1.20)	(0.05)	(1.82)
Income (Loss) from Continuing Operations, Per Diluted Share	(0.10)	(1.20)	(0.05)	(1.82)
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share	(0.08)	0.04	(0.30)	0.11
Earnings Per Share, Diluted	(0.18)	(1.16)	(0.35)	(1.71)
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share	$ (0.08)	$ 0.04	$ (0.30)	$ 0.11
Discontinued Operations, Held-for-sale [Member]
Gain (Loss) on Disposition of Oil and Gas Property			$ 0.0
Operating costs and expenses:
Operating income (loss)			0.0	$ 0.0
Gain on contingent purchase price reduction				0.0
Net income (loss) from continuing operations			(48.7)	22.8
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]
Less: Net income (loss) attributable to noncontrolling interest			11.2	0.5
Net loss attributable to controlling interest	$ (14.9)	$ 8.6	(59.9)	22.3
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent			(48.7)	22.8
Consumer Products Segment [Member]
Gain (Loss) on Disposition of Oil and Gas Property			0.0
Revenues:
Net consumer and other product sales			2,428.4	2,134.8
Total revenues	1,209.6	1,067.0	2,428.4	2,134.8
Operating costs and expenses:
Cost of consumer products and other goods sold			1,524.9	1,389.9
Selling, acquisition, operating and general expenses			565.5	499.2
Amortization of intangibles			47.0	41.7
Total operating costs and expenses			2,137.4	1,930.8
Operating income (loss)	$ 148.5	$ 88.4	291.0	204.0
Interest expense			(115.9)	(93.6)
Gain on contingent purchase price reduction				0.0
Other income, net			(4.3)	(3.9)
Income (loss) from continuing operations before income taxes			170.8	106.5
Income tax expense (benefit)			21.8	28.6
Net income (loss) from continuing operations			149.0	77.9
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]
Less: Net income (loss) attributable to noncontrolling interest			63.0	32.4
Net loss attributable to controlling interest			86.0	45.5
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent			$ 0.0	$ 0.0

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Net Income (Loss) Attributable to Parent	$ (34.8)	$ (228.3)	$ (68.7)	$ (338.1)
Net income (loss)	(1.5)	(237.5)	5.5	(343.9)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	11.6	(243.3)	54.2	(366.7)
Other comprehensive income (loss)
Foreign currency translation gain (loss)	28.2	(43.6)	7.7	(78.1)
Net unrealized (loss) gain on derivative instruments
Changes in derivative instruments before reclassification adjustment	(5.4)	9.3	(0.8)	17.1
Net reclassification adjustment for gains included in net income	(0.7)	(7.0)	(0.9)	(11.8)
Changes in derivative instruments after reclassification adjustment	(6.1)	2.3	(1.7)	5.3
Changes in deferred income tax asset/liability	2.4	(0.9)	1.5	(0.9)
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedges,DeferredTaxValuationAllowanceAdjustment	0.8		1.0	(1.0)
Net unrealized (loss) gain on derivative instruments	(2.9)	1.4	0.8	3.4
Actuarial adjustments to pension plans
Changes in actuarial adjustments before reclassification adjustment	(1.3)	2.8	(0.5)	3.7
Net reclassification adjustment for losses included in cost of goods sold	0.4	0.1	0.7	0.3
Net reclassification adjustment for losses included in selling and general and administrative expenses	0.2	0.3	0.5	0.5
Net actuarial adjustments to pension plans	(0.6)	2.4	0.5	3.4
Unrealized investment gains (losses):
Changes in unrealized investment gains (losses) before reclassification adjustment	252.1	110.3	(123.8)	102.3
Net reclassification adjustment for (gains) losses included in net income	(6.8)	58.0	0.3	62.1
Changes in unrealized investment gains (losses) after reclassification adjustment	245.3	168.3	(123.5)	164.4
Adjustments to intangible assets	(79.2)	(71.0)	56.1	(70.0)
Changes in deferred income tax asset/liability	(58.1)	(34.9)	22.1	(34.3)
Net unrealized gains (losses) on investments	108.0	62.4	(45.3)	60.1
Non-credit related other-than-temporary impairment:
Net change to derive comprehensive income (loss) for the period	132.7	22.6	(36.3)	(11.2)
Comprehensive income (loss)	131.2	(214.9)	(30.8)	(355.1)
Less: Comprehensive income (loss) attributable to the noncontrolling interest:
Net income (loss)	33.3	(9.2)	74.2	(5.8)
Other comprehensive income (loss)	31.1	(4.4)	(5.0)	(18.3)
Total comprehensive income (loss)	64.4	(13.6)	69.2	(24.1)
Comprehensive income (loss) attributable to the controlling interest	66.8	(201.3)	(100.0)	(331.0)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax	(0.7)	3.2	0.7	4.5
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Tax	$ 0.1	$ (0.8)	$ (0.2)	$ (1.1)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Gain (Loss) on Disposition of Oil and Gas Property	$ (105.6)	$ 0.0
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(48.7)	22.8
Cash and Cash Equivalents, Period Increase (Decrease)	(229.6)	(312.5)
Disposal Group, Not Discontinued Operation, Loss (Gain) on Write-down	23.5
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	54.2	(366.7)
Equity Method Investment, Realized Gain (Loss) Upon Step Acquisition	0.0	(141.2)
Cash flows from operating activities:
Net income (loss)	5.5	(343.9)
Net Income (Loss) Attributable to Parent	(68.7)	(338.1)
Adjustments to reconcile net income (loss) to operating cash flows from continuing operations:
Depreciation of properties	55.7	64.9
Amortization of intangibles	47.0	41.7
Impairment of Intangible Assets, Finite-lived	0.0	60.2
Impairment of Proved Oil and Gas Properties	75.6	336.6
Provision for Loan and Lease Losses	15.1	67.9
Stock-based compensation	40.0	34.0
Amortization of debt issuance costs	7.1	7.3
Amortization of debt discount	0.7	2.4
Deferred income taxes	(11.7)	(35.3)
Interest credited/index credits to contractholder account balances	(18.2)	(23.9)
Net recognized losses (gains) on investments and derivatives	16.3	(42.8)
Charges assessed to contractholders for mortality and administration	(0.7)	(0.7)
Deferred policy acquisition costs		(2.9)
Non-cash increase to cost of goods sold due to acquisition inventory step up		3.0
Non-cash restructuring and related charges		7.4
Changes in operating assets and liabilities:	(420.4)	(361.2)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	(185.0)	(301.5)
Cash Provided by (Used in) Operating Activities, Discontinued Operations	168.5	31.4
Net change in cash due to operating activities	(16.5)	(270.1)
Cash flows from investing activities:
Proceeds from investments sold, matured or repaid	52.5	60.5
Cost of investments acquired	(0.3)	(1.6)
Acquisitions, net of cash acquired		(421.5)
Net asset-based loan repayments	74.7	58.6
Capital expenditures	(42.3)	(42.1)
Proceeds from Sale of Productive Assets	152.6	1.2
Other investing activities, net	(0.7)	(0.6)
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	236.5	(345.5)
Cash Provided by (Used in) Investing Activities, Discontinued Operations	(565.3)	(493.8)
Net change in cash due to investing activities	(328.8)	(839.3)
Cash flows from financing activities:
Proceeds from issuance of new debt		434.9
Repayment of debt, including tender and call premiums	(126.4)	(18.8)
Revolving credit facility activity	8.0	54.3
Debt issuance costs	(1.6)	(8.0)
Purchases of subsidiary stock, net	(49.6)	(31.6)
Contractholder account deposits	2.4	40.1
Contractholder account withdrawals	(71.9)	(71.2)
Dividend paid by subsidiary to noncontrolling interest	(18.2)	(14.1)
Payments Related to Tax Withholding for Share-based Compensation	(27.3)	(19.1)
Payments for Repurchase of Common Stock		22.2
Other financing activities, net	3.8	2.1
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	(280.8)	346.4
Cash Provided by (Used in) Financing Activities, Discontinued Operations	391.3	734.8
Net change in cash due to financing activities	110.5	1,081.2
Effect of exchange rate changes on cash and cash equivalents	(0.3)	(11.9)
Net Cash Provided by (Used in) Discontinued Operations and Continuing Operations	(235.1)	(40.1)
Net Cash Provided by (Used in) Discontinued Operations	(5.5)	272.4
Cash and cash equivalents at beginning of period	695.2	742.8
Cash and cash equivalents at end of period	$ 465.6	$ 430.3

Description of Business	6 Months Ended
Description of Business	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business HRG Group, Inc. (“HRG” and collectively with its respective subsidiaries, the “Company”) is a diversified holding company focused on owning businesses that the Company believes can, in the long term, generate sustainable free cash flow or attractive returns on investment. HRG’s shares of common stock trade on the New York Stock Exchange (“NYSE”) under the symbol “HRG.” 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. Consumer Products Segment The Consumer Products segment represents the Company’s 57.8% controlling interest in Spectrum Brands Holdings, Inc. (“Spectrum Brands”). Spectrum Brands is a diversified global branded consumer products company with positions in seven major product categories: consumer batteries, small appliances, global pet supplies, home and garden control products, personal care products, hardware and home improvement products and global auto care. Insurance Segment As of March 31, 2016, the Company’s insurance operations were conducted through Front Street Re (Delaware) Ltd., (“Front Street”) and its Bermuda and Cayman-based wholly-owned life and annuity reinsurers, Front Street Re Ltd. (“Front Street Bermuda”) and Front Street Re (Cayman) Ltd. (“Front Street Cayman”), respectively. The Company also owns 80.4% of Fidelity & Guaranty Life, (“FGL”). Through its wholly-owned subsidiaries, Fidelity & Guaranty Life Insurance Company (“FGL Insurance”) and Fidelity & Guaranty Life Insurance Company of New York, FGL is a provider of various types of fixed annuities and life insurance products in the U.S. As discussed further in Note 4, Divestitures, on November 8, 2015, Anbang Insurance Group Co., Ltd., a joint-stock insurance company established in the People’s Republic of China (“Anbang”), AB Infinity Holding, Inc., a wholly-owned subsidiary of Anbang (“AB Infinity”), and AB Merger Sub, Inc., a wholly-owned subsidiary of AB Infinity (“Merger Sub”), entered into a definitive merger agreement (the “FGL Merger Agreement” and such merger, the “FGL Merger”) to acquire FGL for $26.80 per share. As a result of the FGL Merger Agreement, as of March 31, 2016, the Company’s ownership interest in FGL has been classified as held for sale in the accompanying Condensed Consolidated Balance Sheets and FGL’s operations were classified as discontinued operations in the accompanying Condensed Consolidated Statements of Operations and the accompanying Condensed Consolidated Statements of Cash Flows and reported separately for all periods presented. Prior to the transaction, FGL was included in the Company’s Insurance segment. As a result of classifying FGL as held for sale, all segmented information has been adjusted to exclude FGL from the Insurance segment. See Note 4, Divestitures. Energy Segment The Energy segment represents the Company’s wholly-owned subsidiary, HGI Energy Holdings, LLC (“HGI Energy”) and HGI Energy’s wholly-owned subsidiary, Compass Production GP, LLC (“Compass GP”) and its respective subsidiaries (collectively, “Compass”). Compass is an owner and operator of conventional oil and natural gas properties in East Texas and North Louisiana. Given the inherent decline in the production potential of its existing asset base, Compass’ indebtedness and the continued declines in commodity prices, Compass may also pursue a variety of strategies to generate cash flows and reduce its leverage, including pursuing dispositions, acquisitions, other strategic transactions and the issuance of debt and equity securities. On December 1, 2015, Compass completed the sale of its oil and gas interests located in the Holly, Waskom and Danville Fields in East Texas and North Louisiana (the “Compass Asset Sale”). At closing, proceeds from the transaction, which were approximately $147.5, less estimated expenses of $1.9, were used primarily to reduce borrowings under Compass’ existing credit facility (the “Compass Credit Agreement”). For the six months ended March 31, 2016, Compass received an additional $4.5 as a result of resolving certain title and consent matters in connection with the Compass Asset Sale. During the six months ended March 31, 2016, Compass reduced its borrowing under the Compass Credit Agreement from $327.0 down to $160.0, a reduction of $167.0. Asset Management Segment The Asset Management segment represents the Company’s ownership of Salus Capital Partners, LLC (“Salus”), an asset based lender, CorAmerica Capital, LLC (“CorAmerica”), a commercial real estate lender, and Energy & Infrastructure Capital, LLC (“EIC”), a debt capital investment manager focused on direct lending to companies in the North America energy and infrastructure sectors.

Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements	6 Months Ended
	Mar. 31, 2016
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 net loss attributable to controlling interest 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, 2015, filed with the SEC on November 20, 2015 (the “Form 10-K”). The results of operations for the six months ended March 31, 2016 are not necessarily indicative of the results for any subsequent periods or the entire fiscal year ending September 30, 2016. 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 March 31, 2016, the non-controlling interest component of total equity primarily represents the 42.2% share of Spectrum Brands and the 19.6% of FGL not owned by HRG. Assets held for sale and discontinued operations The Company reports a business as held for sale when management has approved or received approval to sell the business and is committed to a formal plan, the business is available for immediate sale, the business is being actively marketed, the sale is anticipated to occur during the next twelve months and certain other specified criteria are met, in accordance with Accounting Standard Codification (“ASC”) Topic 360, Property, Plant and Equipment (“ASC 360”). A business classified as held for sale is recorded at the lower of its carrying amount or estimated fair value less cost to sell. If the carrying amount of the business exceeds its estimated fair value less cost to sell, a loss is recognized. Assets and liabilities related to a business classified as held for sale are segregated in the current and prior balance sheets in the period in which the business is classified as held for sale. Transactions between the businesses held for sale and businesses held for use that are expected to continue to exist after the disposal are not eliminated to appropriately reflect the continuing operations and balances held for sale. If a business is classified as held for sale after the balance sheet date but before the financial statements are issued or are available to be issued, the business continues to be classified as held and used in those financial statements when issued or when available to be issued. The Company reports the results of operations of a business as discontinued operations if a disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results when the business is classified as held for sale, in accordance with ASC 360 and Accounting Standards Update (“ASU”) No. 2014-08, Presentation of Financial Statements (Topic 2015) and Property, Plant and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (“ASU 2014-08”). The results of discontinued operations are reported in “(Loss) income from discontinued operations, net of tax” in the accompanying Condensed Consolidated Statements of Operations for current and prior periods commencing in the period in which the business meets the criteria of a discontinued operation, and include any gain or loss recognized on closing or adjustment of the carrying amount to fair value less cost to sell. Transactions between the businesses held for sale and businesses held for use that are expected to continue to exist after the disposal are not eliminated to appropriately reflect the continuing operations and balances held for sale. The guidance above does not apply to oil and gas properties that are accounted for using the full-cost method of accounting as prescribed by the U.S. SEC (Regulation S-X, Rule 4-10, Financial Accounting and Reporting for Oil and Gas Producing Activities Pursuant to the Federal Securities Laws and the Energy Policy and Conservation Act of 1975) unless the disposal represents all or substantially all of a full cost pool as a discontinued operation. Adoption of Recent Accounting Pronouncements Debt Issuance Costs In April 2015, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2015-03, Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs (“ASU 2015-03”). The accounting guidance requires that debt issuance costs related to a recognized debt liability be reported in the accompanying Condensed Consolidated Balance Sheets as a direct deduction from the carrying amount of that debt liability. ASU 2015-03 is effective for annual periods and interim periods within those annual periods beginning after March 31, 2016 and early adoption is permitted. The Company elected to early adopt ASU 2015-03 effective March 31, 2016. The Company applied the new guidance on a retrospective basis, wherein the balance sheet of each individual period presented was adjusted to reflect the period-specific effects of applying the new guidance. The reclassification of unamortized debt issuance costs resulted in reductions in other assets and debt of $102.9 as of September 30, 2015. Other than this reclassification, the adoption of this guidance did not have an impact in the Company’s Condensed Consolidated Financial Statements. Simplifying the Accounting for Measurement-Period Adjustments In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments (“ASU 2015-16”). This ASU simplifies the presentation of provisional amounts recognized in a business combination during the measurement period (one year from the date of acquisition). Whereas the prior guidance required retrospective adjustment of prior periods, this ASU eliminates this requirement. The Company adopted ASU 2015-16 effective March 31, 2016, resulting in the recognition of adjustments to goodwill of $2.6 during the six months ended March 31, 2016 related to the acquisition of Armored AutoGroup Parent Inc. See Note 8, Goodwill and Intangibles for adjustments to goodwill. Balance Sheet Classification of Deferred Taxes In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes (“ASU 2015-17”). ASU 2015-17 requires that the presentation of deferred tax assets and liabilities be classified as noncurrent on the balance sheet instead of separating deferred taxes into current and noncurrent amounts. During the six months ended March 31, 2016, the Company elected to retrospectively adopt ASU 2015-17, resulting in a reclassification reducing both deferred tax assets and deferred tax liabilities by $39.1 in the accompanying Condensed Consolidated Balance Sheets at September 30, 2015. 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 first day of the month spot price for the trailing 12 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 first day of the month spot price for the trailing 12 month period using the first day of each month. As of March 31, 2016, the trailing 12 month period month reference prices were $2.40 per Million British Thermal Units (“Mmbtu”) for natural gas at Henry Hub (“HH”), and $46.26 per barrel (“Bbl”) of oil for West Texas Intermediate (“WTI”) 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 $16.79 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. During the three and six months ended March 31, 2016, Compass recognized impairments of $21.2 and $75.6, respectively, to its proved oil and natural gas properties due to the continued decline in oil and natural gas prices. For the three months ended March 31, 2015, Compass recognized impairments to its proved oil and natural gas properties of $146.6 primarily due to a decline in oil and natural gas prices. During the six months ended March 31, 2015, Compass recognized impairments of $336.6 to its proved oil and natural gas properties due to the sharp decline in oil and natural gas prices, as well as the acquisition by HGI Energy of EXCO Resources, Inc.’s (“EXCO”) interest in Compass, which 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 first day of the month 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 March 31, 2015 resulting in impairment. As a result of the continued decline in oil and natural gas prices, Compass expects to incur additional impairments to its oil and natural gas properties in fiscal year 2016 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 FGL Insurance’s statutory carrying value of Raven Reinsurance Company (“Raven Re”), its wholly-owned subsidiary, 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 $213.8 and $226.3 at March 31, 2016 and September 30, 2015, 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 $2.8 and $2.5 at March 31, 2016 and September 30, 2015, respectively. Without such permitted statutory accounting practices, Raven Re’s statutory capital and surplus would be negative $7.2 and negative $33.1 as of March 31, 2016 and September 30, 2015, 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 March 31, 2016 and September 30, 2015 was $209.4 and $195.6, 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 a $41.6 increase to statutory capital and surplus at March 31, 2016.

Risks and Uncertainties Risks and Uncertainties (Notes)	6 Months Ended
Risks and Uncertainties Risks and Uncertainties (Notes)	Mar. 31, 2016
Risk and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	(3) Significant Risks and Uncertainties Use of Estimates and Assumptions The preparation of the Company’s Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and assumptions used. Concentrations of Investments As of March 31, 2016 and September 30, 2015, the Company’s most significant investment in one industry was the Company’s asset-based loan in the electronics industry with a carrying value of $45.4, or 32.6%, and $45.9, or 16.5%, of the Company’s investments portfolio, respectively. No investment in a single issuer exceeded 10% of the Company’s stockholders’ equity as of March 31, 2016 and September 30, 2015. Concentration of Securities Included in Funds Withheld Receivables As of March 31, 2016 and September 30, 2015, Front Street’s most significant exposure related to the securities underlying the funds withheld receivables was to the financial sector and the energy, mining and metals industries. As of March 31, 2016 and September 30, 2015, the carrying value of the fixed maturity securities in the financial sector was $258.1, or 15.4%, and $269.7, or 15.8%, respectively, of Front Street’s funds withheld receivables. At March 31, 2016 and September 30, 2015, the holdings in this sector included investments in 105 and 107 different issuers, respectively, with the top ten investments accounting for 42.8% and 41.0%, respectively, of the total holdings in this sector. As of March 31, 2016 and September 30, 2015, the carrying value of the fixed maturity securities in the energy, mining and metals industries was $194.9, or 11.6%, and $236.6, or 13.8%, respectively, of Front Street’s funds withheld receivables. At March 31, 2016 and September 30, 2015, the holdings in these industries included investments in 93 and 98 different issuers, respectively, with the top ten investments accounting for 39.7% and 39.7%, respectively, of the total holdings in these industries. There were no holdings in a single issuer included in the funds withheld receivables that exceeded 10% of the Company’s stockholders’ equity as of March 31, 2016 and September 30, 2015. Concentrations of Financial and Capital Markets Risk The Company is exposed to financial and capital markets risk, including changes in interest rates and credit spreads which can have an adverse effect on the Company’s results of operations, financial condition and liquidity. The Company expects to continue to face challenges and uncertainties that could adversely affect its results of operations and financial condition. The Company’s exposure to interest rate risk relates primarily to the market price and cash flow variability associated with changes in interest rates. A rise in interest rates, in the absence of other countervailing changes, will increase the net unrealized loss position of Front Street’s funds withheld receivables and, if long-term interest rates rise dramatically within a six to twelve month time period, certain of the Front Street’s reinsured products may be exposed to disintermediation risk. Disintermediation risk refers to the risk that policyholders may surrender their contracts in a rising interest rate environment, requiring Front Street to liquidate assets in an unrealized loss position. This risk is mitigated to some extent by the high level of surrender charge protection provided by the products reinsured by Front Street. Receivables The allowance for uncollectible receivables as of March 31, 2016 and September 30, 2015 was $47.6 and $44.0, respectively. The Company has a broad range of customers including many large retail outlet chains, one of which accounts for a significant percentage of its sales volume. This customer represents approximately 13.0% and 12.7% of the Company’s “Receivables, net” in the accompanying Condensed Consolidated Balance Sheets at March 31, 2016 and September 30, 2015, respectively.

Divestitures Divestitures (Notes)

6 Months Ended

Mar. 31, 2016

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

Divestitures

FGL Merger Agreement

On November 8, 2015, FGL, Anbang, AB Infinity, and Merger Sub entered into the FGL Merger Agreement. Pursuant to the FGL Merger Agreement and subject to the terms and conditions set forth therein, Merger Sub will merge with and into FGL, with FGL continuing as the surviving entity, which will become a direct, wholly-owned subsidiary of AB Infinity and an indirect, wholly-owned subsidiary of Anbang. Pursuant to the FGL Merger Agreement, at the effective time of the FGL Merger, each issued and outstanding share of FGL common stock will be canceled and converted automatically into the right to receive $26.80 per share in cash, without interest, other than any shares of common stock owned by FGL as treasury stock or otherwise or owned by Anbang, AB Infinity or Merger Sub (which will be canceled and no payment will be made with respect thereto), shares of common stock granted pursuant to FGL’s equity plans and those shares of common stock with respect to appraisal rights under Delaware law are properly exercised and not withdrawn. The completion of the FGL Merger is subject to the satisfaction of a number of closing conditions, including the receipt of regulatory approvals from the Iowa Insurance Division, New York Department of Financial Services, Vermont Department of Financial Regulation, China Insurance Regulatory Commission, and the Committee on Foreign Investment in the United States (“CFIUS”). On November 25, 2015, FGL obtained the requisite approval for the FGL Merger from the Vermont Department of Financial Regulation. On March 14, 2016, FGL received notification from CFIUS that it had concluded all action under Section 721 of the Defense Production Act of 1950, as amended, and determined that there are no unresolved national security concerns with respect to the FGL Merger. In the event that the FGL Merger Agreement is terminated, under specified circumstances, FGL may be required to pay a termination fee to Anbang and its subsidiaries of $51.5.

At March 31, 2016, the Company determined that as a result of the FGL Merger Agreement, the Company’s ownership interest in FGL met the criteria established by ASC 360 to classify it as held for sale. The following table summarizes the major categories of assets and liabilities classified as held for sale in the accompanying Condensed Consolidated Balance Sheets at March 31, 2016 and September 30, 2015:



	March 31, 2016			September 30, 2015
Assets
Investments, including loans and receivables from affiliates	$	19,697.1		$	19,206.7
Cash and cash equivalents	496.4			501.8
Accrued investment income	208.5			191.2
Reinsurance recoverable	3,511.7			3,578.7
Deferred tax assets	191.0			194.7
Properties	15.9			14.4
Deferred acquisition costs and value of business acquired, net	1,234.3			1,048.6
Other assets	212.6			248.4
Write-down of assets of business held for sale to fair value less cost to sell	(23.5		)	—
Total assets held for sale	$	25,544.0		$	24,984.5
Liabilities
Insurance reserves	$	23,018.8		$	22,560.1
Debt	300.0			298.3
Accounts payable and other current liabilities	46.4			43.7
Other liabilities	622.9			518.8
Total liabilities held for sale	$	23,988.1		$	23,420.9

The balances included in the accompanying Condensed Consolidated Balance Sheets and in the table above reflect transactions between the businesses held for sale and businesses held for use that are expected to continue to exist after the closing of the FGL Merger. Such transactions are not eliminated to appropriately reflect the continuing operations and balances held for sale. As a result, adjustments to the carrying value of certain intercompany assets recorded by FGL, were reversed upon consolidation in the Company’s Condensed Consolidated Financial Statements.

Below is a summary of the impact of such intercompany balances in the accompanying Condensed Consolidated Balance Sheets:



	March 31, 2016		September 30, 2015
Assets
Funds withheld receivable	$	993.0	$	1,058.0
Other assets	15.6		15.9
Assets of business held for sale	1,618.7		1,769.8
Total assets	$	2,627.3	$	2,843.7
Liabilities
Insurance reserves	$	1,170.8	$	1,226.8
Debt	217.5		330.7
Accounts payable and other current liabilities	1.1		1.6
Other liabilities	12.7		11.0
Liabilities of business held for sale	1,225.2		1,273.6
Total liabilities	$	2,627.3	$	2,843.7

The carrying value of the Company’s interest in FGL was higher than the fair value less cost to sell based on the sales price at March 31, 2016 and as a result, the Company recorded a write-down of assets of business held for sale of $23.5 for the three and six months ended March 31, 2016.

In accordance with ASU 2014-08, the Company has determined that the FGL Merger Agreement represented a strategic shift for the Company and, accordingly, has presented the results of operations for FGL as discontinued operations in the accompanying Condensed Consolidated Statements of Operations.

The following table summarizes the components of Net (loss) income from discontinued operations in the accompanying Condensed Consolidated Statements of Operations for the three and six months ended March 31, 2016 and 2015:



	Three months ended March 31,						Six months ended March 31,
	2016			2015			2016			2015
Revenues:
Insurance premiums	$	16.2		$	14.2		$	31.6		$	25.8
Net investment income (a)	226.7			207.6			448.9			416.0
Net investment (losses) gains	(41.7		)	(33.4		)	24.5			25.1
Insurance and investment product fees and other	31.7			22.1			60.5			41.9
Total revenues	232.9			210.5			565.5			508.8
Operating costs and expenses:
Benefits and other changes in policy reserves	188.1			171.9			369.0			395.6
Selling, acquisition, operating and general expenses	27.1			28.3			55.3			57.5
Impairments and bad debt expense	1.3			(0.4		)	1.3			0.1
Amortization of intangibles	0.4			(3.0		)	33.9			8.3
Total operating costs and expenses	216.9			196.8			459.5			461.5
Operating income	16.0			13.7			106.0			47.3
Interest expense	(5.9		)	(5.9		)	(11.8		)	(11.8		)
Other income (expense), net	2.5			(5.0		)	2.5			(5.0		)
Write-down of assets of business held for sale to fair value less cost to sell	(23.5		)	—			(23.5		)	—
Net (loss) income before income taxes	(10.9		)	2.8			73.2			30.5
Income tax expense (benefit) (b)	2.2			(3.0		)	121.9			7.7
Net (loss) income	(13.1		)	5.8			(48.7		)	22.8
Less: net income (loss) attributable to noncontrolling interest	1.8			(2.8		)	11.2			0.5
Net (loss) income - attributable to controlling interest	$	(14.9	)	$	8.6		$	(59.9	)	$	22.3

(a) Included in the net investment income attributable to FGL is interest income of $1.2 and $0.6 for the three months ended March 31, 2016 and 2015, respectively and $2.3 and $2.3 for the six months ended March 31, 2016 and 2015, respectively, on debt instruments issued by entities consolidated by HRG as they will continue to exist following the closing of the FGL Merger. The corresponding interest expense is recorded in continuing operations in the accompanying Condensed Consolidated Statements of Operations.

(b) Included in the income tax expense for the six months ended March 31, 2016 was a $90.9 of net income tax expense related to the establishment of a deferred tax liability of $328.6 at March 31, 2016 as a result of classifying the Company’s ownership interest in FGL as held for sale. The deferred tax liability was partially offset by a $237.7 reduction of valuation allowance on HRG’s net operating and capital loss carryforwards expected to offset the FGL taxable gain at March 31, 2016. The remaining liability is expected to be offset by current year losses recognized in Continuing Operations except for $13.0 of estimated alternative minimum taxes.

Compass Asset Sale

As discussed in Note 1, Description of Business, on December 1, 2015, Compass completed the sale of its oil and gas interests located in the Holly, Waskom and Danville Fields in East Texas and North Louisiana. At closing, proceeds from the transaction, approximately $147.5, less estimated expenses of $1.9, were used primarily to reduce borrowings under the Compass Credit Agreement. Following the closing, pursuant to terms of the transaction agreement, Compass received an additional $4.5 in connection with resolving certain title and consent matters during the six months ended March 31, 2016. The Company accounted for the sale in accordance with ASC Topic 932, Property, Plant and Equipment: Extractive Activities - Oil and Gas and recorded a gain on sale of oil and natural gas assets of $105.6 for the six months ended March 31, 2016. The Holly, Waskom and Danville Fields did not represent all or substantially all of Compass full-cost method assets and, as a result, the operations associated with these assets were presented as continuing operations in the accompanying Condensed Consolidated Statements of Operations.

The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721665-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=51719941&loc=SL51724579-110230

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721663-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721659-107760

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721671-107760

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721677-107760

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1474-107760

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721683-107760

Investments, Debt and Equity Securities [Abstract]

Investments

6 Months Ended

Mar. 31, 2016

Investments

The Company’s consolidated investments are summarized as follows:



	March 31, 2016
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Carrying Value
Asset-based loans	$	136.8	$	—	$	—	$	136.8	$	136.8
Other invested assets	2.5		—		—		2.5		2.5
Total Investments	$	139.3	$	—	$	—	$	139.3	$	139.3



	September 30, 2015
	(As Adjusted)
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Carrying Value
Corporate fixed-maturity securities, available-for-sale	$	14.1	$	—	$	—	$	14.1	$	14.1
Equity securities - held for trading	18.7		14.1		—		32.8		32.8
Asset-based loans	226.7		—		—		226.7		226.7
Other invested assets	5.3		—		—		5.3		5.3
Total Investments	$	264.8	$	14.1	$	—	$	278.9	$	278.9

Asset-based Loans

As of March 31, 2016 and September 30, 2015, the Company’s portfolio of asset-based loans receivable originated by Salus and its co-lender Front Street consisted of the following:



	March 31, 2016		September 30, 2015
			(As Adjusted)
Asset-based loans, net of deferred fees, by major industry:
Apparel	$	50.3	$	66.0
Electronics	45.4		45.9
Jewelry	35.6		36.9
Manufacturing	29.9		32.7
Other	23.4		93.1
Total asset-based loans	184.6		274.6
Less: Allowance for credit losses	47.8		47.9
Total asset-based loans, net	$	136.8	$	226.7

The Company establishes its allowance for credit losses through a provision for credit losses based on Salus’ evaluation of the credit quality of its loan portfolio. The following table presents the activity in its allowance for credit losses for the three and six months ended March 31, 2016 and 2015:



	Three months ended March 31,						Six months ended March 31,
	2016			2015			2016			2015
Allowance for credit losses:
Balance at beginning of period	$	43.7		$	5.3		$	47.9		$	5.5
Provision for credit losses	6.7			68.5			15.1			68.3
Charge-offs	(2.6		)	(51.1		)	(15.2		)	(51.1		)
Balance at end of period	$	47.8		$	22.7		$	47.8		$	22.7

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 March 31, 2016 and September 30, 2015, there were ten and nine loans with a net carrying value of $104.0 and $79.8, respectively, considered delinquent by Salus and placed on non-accrual status. 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 three and six months ended March 31, 2016, the Company recognized charge-offs of $2.6 and $15.2, respectively. For the three and six months ended March 31, 2016, the Company recorded net increases (decreases) in the allowance for credit losses of $4.1 and $(0.1), respectively, for a total provision for credit losses of $6.7 and $15.1, respectively. The internal risk rating of two and four delinquent loans was categorized as doubtful during the three and six months ended March 31, 2016, respectively. Salus has assessed the adequacy of its allowance for credit losses and believes the level of allowance for credit losses to be adequate to mitigate inherent losses in the portfolio.

During the three and six months ended March 31, 2015, the Company recognized charge-offs of $51.1. For the three and six months ended March 31, 2015, the Company also recorded net decreases in the allowance for credit losses of $17.4 and $17.2, respectively, for a total provision for credit losses of $68.5 and $68.3, respectively. The internal risk rating of one delinquent loan was categorized as doubtful during the three and six months ended March 31, 2015.

During the fiscal year ended September 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 Salus and Front Street of $93.0 and $7.0, respectively, after giving effect to a $50.0 participation by FGL and a non-qualifying participation of $100.0 held by a third party. During the fiscal year ended September 30, 2015, the $100.0 held by a third party was repaid in full because this third party had the right of first out in the case of a bankruptcy under an intercreditor agreement with Salus. During the six months ended March 31, 2015, the Company recognized charge-offs of $51.1, excluding any charge-offs related to FGL’s participations which are included in “(Loss) income from discontinued operations, net of tax” in the accompanying Condensed Consolidated Statements of Operations; and an additional net increase in the provision of credit losses of $17.2 related to the loan with RadioShack. No additional changes to the provision for credit losses were recorded during the three and six months ended March 31, 2016. The extent to which Salus and Front Street will be able to recover amounts owed to them by RadioShack is dependent on a number of factors, including ongoing litigation. There can be no assurance of the amount that Salus and its affiliates will recover from the RadioShack loan.



	Internal Risk Rating
	Pass		Special Mention		Substandard		Doubtful		Total
March 31, 2016	$	12.1	$	33.0	$	17.1	$	122.4	$	184.6
September 30, 2015 (As Adjusted)	$	69.0	$	32.4	$	74.0	$	99.2	$	274.6

Derivative Financial Instruments

6 Months Ended

Mar. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

Derivatives

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



Asset Derivatives	Classification	March 31, 2016		September 30, 2015
				(As Adjusted)
Derivatives designated as hedging instruments:
Foreign exchange contracts	Receivables, net	$	2.3	$	5.2
Commodity swaps	Receivables, net	0.2		—
Commodity swaps	Other assets	0.1		—
Foreign exchange contracts	Other assets	0.1		0.4
Total asset derivatives designated as hedging instruments		2.7		5.6
Derivatives not designated as hedging instruments:
Call options	Funds withheld receivables	7.6		5.4
Call options	Other assets	2.5		1.0
Commodity contracts	Receivables, net	1.4		7.9
Foreign exchange contracts	Receivables, net	1.0		0.4
Total asset derivatives		$	15.2	$	20.3



Liability Derivatives	Classification	March 31, 2016		September 30, 2015
				(As Adjusted)
Derivatives designated as hedging instruments:
Interest rate swaps	Accounts payable and other current liabilities	$	1.3	$	1.4
Interest rate swaps	Other liabilities	0.8		1.2
Commodity swaps	Accounts payable and other current liabilities	1.8		4.7
Commodity swaps	Other liabilities	0.2		0.8
Foreign exchange contracts	Accounts payable and other current liabilities	4.2		1.5
Foreign exchange contracts	Other liabilities	0.3		—
Total liability derivatives designated as hedging instruments		8.6		9.6
Derivatives not designated as hedging instruments:
Embedded derivatives in Front Street's assumed FIA business	Insurance reserves	136.5		142.3
Foreign exchange	Accounts payable and other current liabilities	0.8		0.1
Commodity contracts	Accounts payable and other current liabilities	—		0.1
Total liability derivatives		$	145.9	$	152.1

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. The Company recognizes all derivative instruments as assets or liabilities in the accompanying Condensed Consolidated Balance Sheets at fair value.

The following table summarizes the impact of the effective portions of cash flow hedges and the gains and losses recognized in the accompanying Condensed Consolidated Statements of Operations for the three and six months ended March 31, 2016 and 2015:



		Three months ended March 31,
		2016						2015
	Classification	Gain (Loss) in AOCI			Gain (Loss) reclassified to Earnings			Gain (Loss) in AOCI			Gain (Loss) reclassified to Earnings
Interest rate swaps	Interest expense	$	(0.6	)	$	(0.5	)	$	(1.4	)	$	(0.5	)
Commodity swaps	Cost of consumer products and other goods sold	1.8			(1.6		)	(0.5		)	(0.1		)
Foreign exchange contracts	Net consumer and other product sales	—			—			(0.1		)	—
Foreign exchange contracts	Cost of consumer products and other goods sold	(6.6		)	2.8			11.3			7.6
		$	(5.4	)	$	0.7		$	9.3		$	7.0



		Six months ended March 31,
		2016						2015
	Classification	Gain (Loss) in AOCI			Gain (Loss) reclassified to Earnings			Gain (Loss) in AOCI			Gain (Loss) reclassified to Earnings
Interest rate swaps	Interest expense	$	(0.3	)	$	(1.0	)	$	(2.0	)	$	(0.9	)
Commodity swaps	Cost of consumer products and other goods sold	0.8			(3.0		)	(1.7		)	0.3
Foreign exchange contracts	Net consumer and other product sales	(0.1		)	—			—			—
Foreign exchange contracts	Cost of consumer products and other goods sold	(1.2		)	4.9			20.8			12.4
		$	(0.8	)	$	0.9		$	17.1		$	11.8

During the three and six months ended March 31, 2016 and 2015, the Company recognized the following gains and losses on its derivatives:



		Three months ended March 31,						Six months ended March 31,
Classification	Derivatives Not Designated as Hedging Instruments	2016			2015			2016		2015
Revenues:
Net investment gains	Call options	$	(1.4	)	$	(0.5	)	$	0.5	$	2.2
Other income and expense:
Benefits and other changes in policy reserves	Embedded derivatives in Front Street's assumed FIA business	$	3.4		$	1.1		$	5.8	$	(5.1	)
Other income, net	Oil and natural gas commodity contracts	0.8			5.3			2.5		24.0
	Foreign exchange contracts	2.9			(5.7		)	0.8		(7.4		)

Additional Disclosures

Call options. Derivative financial instruments included within or outside of the funds withheld receivables at fair value in the accompanying Condensed Consolidated Balance Sheets are in the form of call options receivable to Front Street. Front Street hedges exposure to product related equity market risk by entering into derivative transactions. These options hedge Front Street’s share of the FIA index credit. The change in fair value is recognized within “Net investment gains” in the accompanying Condensed Consolidated Statements of Operations.

Embedded derivatives in Front Street's assumed FIA business. Front Street has assumed FIA contracts that permit the holder to elect an interest rate return or an equity index linked component, where interest credited to the contracts is linked to the performance of various equity indices, primarily the Standard & Poor’s Ratings Services (“S&P”) 500 Index. This feature represents an embedded derivative under U.S. GAAP. The FIA embedded derivative is valued at fair value and included in the “Insurance reserves” in the accompanying Condensed Consolidated Balance Sheets with changes in fair value included as a component of “Benefits and other changes in policy reserves” in the accompanying Condensed Consolidated Statements of Operations.

Interest Rate Swaps. 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 Accumulated other comprehensive loss (“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 counterparties included in accrued liabilities or receivables, respectively, and recognized in earnings as an adjustment to interest from the underlying debt to which the swap is designated. As of March 31, 2016 and September 30, 2015, 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 losses estimated to be reclassified from AOCI into earnings over the next 12 months is $0.8, net of tax. Spectrum Brands’ interest rate swaps at March 31, 2016 and September 30, 2015 were as follows:



	March 31, 2016			September 30, 2015
	Notional		Remaining Years	Notional		Remaining Years
Interest rate swaps - fixed	$	300.0	1	$	300.0	1.5

Foreign exchange contracts - cash flow hedges. 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 rates related to sales of product or raw material purchases. Until the sale or purchase is recognized, the fair value of the related cash flow 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 cash flow hedge is reclassified as an adjustment to “Net consumer and other product sales” or “Cost of consumer products and other goods sold”, respectively, in the accompanying Condensed Consolidated Statements of Operations. At March 31, 2016, Spectrum Brands had a series of foreign exchange derivative contracts outstanding through September 2017. The derivative net losses estimated to be reclassified from AOCI into earnings over the next 12 months is $0.6, net of tax. At March 31, 2016 and September 30, 2015, Spectrum Brands had foreign exchange derivative contracts designated as cash flow hedges with a notional value of $252.8 and $300.6, respectively.

Commodity swaps - cash flow hedges. 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 March 31, 2016, Spectrum Brands had a series of zinc and brass swap contracts outstanding through September 2017. The derivative net losses estimated to be reclassified from AOCI into earnings over the next 12 months is $0.8, net of tax. Spectrum Brands had the following commodity swap contracts outstanding as of March 31, 2016 and September 30, 2015:



	March 31, 2016			September 30, 2015
	Notional	Contract Value		Notional	Contract Value
Zinc swap contracts (tons)	9.4	$	18.0	10.8	$	22.2
Brass swap contracts (tons)	1.0	4.4		1.8	8.5

Foreign exchange contracts - not designated as hedges for accounting purposes. Spectrum Brands periodically enters into forward and swap foreign exchange contracts to economically hedge the risk from third party and intercompany payments resulting from existing obligations. These obligations generally require Spectrum Brands to exchange foreign currencies for U.S. Dollars, Canadian Dollars, Euros or Australian Dollars. These foreign exchange contracts are fair value hedges of a related liability or asset recorded in the accompanying Condensed Consolidated Balance Sheets. The gain or loss on the foreign exchange contracts is recorded in earnings as an offset to the change in value of the related liability or asset at each period end. At March 31, 2016, Spectrum Brands had a series of foreign exchange derivative contracts outstanding through May 2016. At March 31, 2016 and September 30, 2015, Spectrum Brands had $262.4 and $126.8, respectively, of notional value for such foreign exchange derivative contracts outstanding.

Commodity Swaps - not designated as hedges for accounting purposes. 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 commodity 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 unrecognized changes in fair value of the commodity swap contracts are adjusted through earnings when the realized gains or losses affect earnings upon settlement of the commodity swap contracts. The commodity swap contracts effectively fix the floating price on a specified quantity of silver through a specified date. At March 31, 2016, Spectrum Brands had a series of commodity swaps outstanding through August 2016. Spectrum Brands had the following commodity swap contracts outstanding as of March 31, 2016 and September 30, 2015:



	March 31, 2016			September 30, 2015
	Notional	Contract Value		Notional	Contract Value
Silver (troy oz.)	10	$	0.2	25	$	0.4

Oil and natural gas commodity contracts. Compass’ natural gas and oil commodity contracts are comprised of swap contracts, collars and three-way collars (“Derivative Financial Instruments”). 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. A three-way collar allows Compass to participate in the upside of commodity prices to the ceiling of the call option and provides Compass with partial downside protection through the combination of the put options.

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 Instruments management activities consists of non-cash income or expense due to changes in the fair value of its Derivative Financial Instruments. 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 Derivative Financial Instruments’ fair value in earnings.

Settlements in the normal course of maturities of Derivative Financial Instruments result in cash receipts from, or cash disbursements to, Compass’ derivative contract counterparties. Changes in the fair value of Compass’ Derivative Financial Instruments, which includes both cash and non-cash changes in fair value, are included in “Net investment gains” in the accompanying Condensed Consolidated Statements of Operations with a corresponding increase or decrease in the Condensed Consolidated Balance Sheets fair value amounts.

The following table presents Compass’ volumes and fair value of the oil and natural gas Derivative Financial Instruments as of March 31, 2016 (presented on a calendar-year basis):



	Volume Mmbtus/Mbbls	Weighted average strike price per Mmbtu/Bbl		Fair Value at March 31, 2016
Natural gas two-way collars (April - December 2016)	2,750			$	0.3
Short call		$	2.77
Long put		2.15
Total natural gas	2,750			0.3

Oil three-way collars (April - December 2016)	138			1.1
Short call		$	76.00
Long put		56.00
Short Put		42.00
Total oil	138			1.1
Total oil and natural gas Derivative Financial Instruments				$	1.4

At September 30, 2015, Compass had outstanding Derivative Financial Instruments to mitigate price volatility covering 3,380 Billion British Thermal Units (“Mmbtus”) of natural gas and 273 Thousand Barrels (“Mbbls”) of oil. At March 31, 2016, the average forward NYMEX oil prices per Bbl for the next 12 months was $41.46, and the average forward NYMEX natural gas prices per Mmbtu for the next 12 months was $2.38. Compass’ Derivative Financial Instruments covered approximately 20% and 44% of production volumes for the three and six months ended March 31, 2016, respectively, and 38% and 55% of production volumes for the three and six months ended March 31, 2015, respectively.

Credit Risk

Spectrum Brands is exposed to the risk of default by the counterparties with which Spectrum Brands transacts and generally does not require collateral or other security to support financial instruments subject to credit risk. Spectrum Brands monitors counterparty credit risk on an individual basis by periodically assessing each such counterparty’s credit rating exposure. The maximum loss due to credit risk equals the fair value of the gross asset derivatives that are concentrated with certain domestic and foreign financial institution counterparties. Spectrum Brands considers these exposures when measuring its credit reserve on its derivative assets, which was insignificant as of March 31, 2016 and September 30, 2015.

Spectrum Brands’ standard contracts do not contain credit risk related contingent features whereby Spectrum Brands would be required to post additional cash collateral as a result of a credit event. However, Spectrum Brands is typically required to post collateral in the normal course of business to offset its liability positions. As of March 31, 2016 and September 30, 2015, there was $0.5 and $3.5, respectively, of posted cash collateral related to such liability positions. In addition, as of March 31, 2016 and September 30, 2015, Spectrum Brands had no posted standby letters of credit related to such liability positions. The cash collateral is included in “Receivables, net” within the accompanying Condensed Consolidated Balance Sheets.

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

Front Street is exposed to credit risk in the event of non-performance by its counterparties on call options. Front Street seeks to reduce the risk associated with such agreements by purchasing such options from large, well-established financial institutions, but there can be no assurance that Front Street will not suffer losses in the event of counterparty non-performance. No collateral was posted by its counterparties; accordingly, the maximum amount of loss due to credit risk that Front Street would incur if parties to the call options failed completely to perform according to the terms of the contracts is $2.5.

Earnings from FIA reinsurance are primarily generated from the excess of net investment income earned over the sum of interest credited to policyholders and the cost of hedging the risk on FIA policies, known as the net investment spread. With respect to FIAs, the cost of hedging the risk includes the expenses incurred to fund the annual index credits. Proceeds received upon expiration or early termination of call options purchased to fund annual index credits are recorded as part of the fair value changes associated with reinsurance contracts in the accompanying Condensed Consolidated Statements of Operations, and are largely offset by an expense for index credits earned on annuity contractholder fund balances.

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41620-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579240-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4D
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624177-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35736893&loc=d3e80784-113994

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41641-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579245-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4H
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624258-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35736893&loc=d3e80748-113994

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5708775-113959

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5708773-113959

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5618551-113959

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5580258-113959

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624181-113959

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41638-113959

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Fair Value of Financial Instruments

Fair Value of Financial Instruments

6 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

The Company’s consolidated assets and liabilities measured at fair value are summarized according to the hierarchy previously described as follows:



	March 31, 2016								September 30, 2015
									(As Adjusted)
	Level 1		Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3		Fair Value
Assets
Derivatives:
Call options	$	—	$	10.1	$	—	$	10.1	$	—	$	6.4	$	—	$	6.4
Foreign exchange contracts	—		3.4		—		3.4		—		6.0		—		6.0
Commodity contracts	—		1.7		—		1.7		—		7.9		—		7.9
Corporate fixed maturity securities AFS	—		—		—		—		—		—		14.1		14.1
Equity securities - trading	—		—		—		—		32.8		—		—		32.8
Other invested assets	—		—		—		—		—		—		2.8		2.8
Funds withheld receivables	73.9		1,531.6		73.9		1,679.4		45.8		1,579.9		84.4		1,710.1
Total financial assets	$	73.9	$	1,546.8	$	73.9	$	1,694.6	$	78.6	$	1,600.2	$	101.3	$	1,780.1
Liabilities
Front Street future policyholder benefit liability	$	—	$	—	$	654.0	$	654.0	$	—	$	—	$	629.2	$	629.2
Derivatives:
Embedded derivatives in Front Street's assumed FIA business	—		—		136.5		136.5		—		—		142.3		142.3
Commodity contracts	—		2.0		—		2.0		—		5.6		—		5.6
Interest rate contracts	—		2.1		—		2.1		—		2.6		—		2.6
Foreign exchange contracts	—		5.3		—		5.3		—		1.6		—		1.6
Total financial liabilities	$	—	$	9.4	$	790.5	$	799.9	$	—	$	9.8	$	771.5	$	781.3

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. 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 September 30, 2015. 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.

Funds Withheld Receivables and Future Policyholder Benefits Liability

Front Street elected to apply the fair value option to account for its funds withheld receivables, non-funds withheld assets and future policyholder 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 policyholder benefits reserve, are measured at fair value. Policy loans included in the funds withheld receivables are measured at fair value, which approximates amortized cost.

Front Street uses a discounted cash flows approach to measure the fair value of the future policyholder 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 mortality, morbidity, lapse, discount rate for non-performance risk, discount rate for risk margin, surrenders, etc. Mortality relates to the occurrence of death. Mortality assumptions are based upon the experience of the cedant as well as past and emerging industry experience, when available. Morbidity relates to the occurrence of a claim status and is a key assumption for the long term care business. Morbidity assumptions are based upon the experience of the cedant as well as past and emerging industry experience, when available. Mortality and morbidity assumptions may be different by sex, underwriting class and policy type. Assumptions are also made for future mortality and morbidity improvements.

Front Street determines the discount rate based on the market yields on the underlying assets backing the liabilities plus a risk margin to reflect uncertainty and adjusts the discount rate to reflect the credit risk of Front Street. Policies are terminated through surrenders and maturities, where surrenders represent the voluntary terminations of policies by policyholders and maturities are determined by policy contract terms. Surrender assumptions are based upon cedant experience adjusted for expected future conditions. As of December 31, 2015, Front Street began discounting the liability cash flows by using the market yields on the underlying assets backing the liabilities plus a risk margin to reflect uncertainty and adjusts the discount rate to reflect the credit risk of Front Street. In prior periods, the discount rate was based on risk free rates plus non-performance spreads plus a risk margin and a factor to reflect own credit risk. The change in discount rate methodology reduced the fair value of the Front Street future policyholder benefit liability by $7.0 at December 31, 2015.

Derivatives

The fair values of the embedded derivatives in Front Street’s assumed FIA business are derived using market indices, pricing assumptions and historical data. The significant unobservable inputs used in the fair value measurement of the embedded derivatives in Front Street’s assumed FIA business are market value of option, interest swap rates, mortality multiplier, surrender rates, and non-performance spread. The mortality multiplier at March 31, 2016 and September 30, 2015 was applied to the Annuity 2000 mortality tables. Significant increases (decreases) in the market value of option in isolation would result in a higher or lower, respectively, fair value measurement. Significant increases or decreases in interest swap rates, mortality multiplier, surrender rates, or non-performance spread in isolation would result in a lower or higher, respectively, fair value measurement. Generally, a change in any one unobservable input would not result in a change in any other unobservable input.

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 in the accompanying 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 the risk-free rate curves and net derivative liabilities are determined by utilization of the 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’ oil derivatives are swap contracts for notional Bbls of oil at fixed NYMEX 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 contracts 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 assets and liabilities are valued on a recurring basis using internal models, which are based on market observable inputs including interest rate curves and both forward and spot prices for currencies and commodities, which are generally based on quoted or observed market prices and classified as Level 2. The fair value of certain derivatives is estimated using pricing models based on contracts with similar terms and risks. Modeling techniques assume market correlation and volatility, such as using prices of one delivery point to calculate the price of the contract’s different delivery point. The nominal value of interest rate transactions is discounted using applicable forward interest rate curves. In addition, by applying a credit reserve which is calculated based on credit default swaps or published default probabilities for the actual and potential asset value, the fair value of Spectrum Brands’ derivative assets reflects the risk that the counterparties to these contracts may default on the obligations. Likewise, by assessing the requirements of a reserve for non-performance which is calculated based on the probability of default by Spectrum Brands, it adjusts its derivative liabilities to reflect the price at which a potential market participant would be willing to assume Spectrum Brands’ liabilities.

The Company has not changed its valuation techniques in measuring the fair value of any derivative assets and liabilities during the quarter.

Quantitative information regarding significant unobservable inputs used for recurring Level 3 fair value measurements of financial instruments carried at fair value as of March 31, 2016 and September 30, 2015 (as adjusted) were as follows:



	Fair Value at						Range (Weighted average)
Assets	March 31, 2016		September 30, 2015		Valuation Technique	Unobservable Input(s)	March 31, 2016	September 30, 2015
Corporate fixed maturity securities AFS	$	—	$	14.1	Broker-quoted	Offered quotes	—%	83%
Other invested assets	—		2.8		Discounted Cash Flow	Probability of collection	—%	50%
						Discount rate	—%	10%
Funds withheld receivables:
Fixed maturity and equity securities AFS	34.0		39.5		Matrix pricing	Quoted prices	100% - 122% (111%)	100% - 122% (112%)
Fixed maturity securities AFS	15.1		19.5		Discounted Cash Flow	Discount rate	6% - 13% (7%)	6% - 12% (8%)
Fixed maturity securities AFS	11.4		6.7		Broker-quoted	Offered quotes	94% - 107% (99%)	99% - 103% (101%)
Loan participations	4.7		9.7		Market pricing	Offered quotes	100%	100%
Policy loans	8.7		9.0		Loan value	Not applicable	100%	100%
Total	$	73.9	$	101.3
Liabilities
Front Street future policyholder benefit liability	$	654.0	$	629.2	Discounted cash flow	Non-performance risk spread	0.29% - 0.43%	0.16% - 0.46%
						Risk margin to reflect uncertainty	0.50% - 1.00%	0.50% - 1.00%
Embedded derivatives in Front Street's assumed FIA business	136.5		142.3		Discounted cash flow	Market value of option	0% - 24% (1%)	0% - 32% (1%)
						SWAP rates	1% - 2% (1%)	2%
						Mortality multiplier	80%	80%
						Surrender rates	0.50% - 75% (13%)	0.50% - 75% (13%)
						Non-performance risk spread	0.25%	0.25%
Total	$	790.5	$	771.5

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 six months ended March 31, 2016 and 2015. The gains and losses below may include changes in fair value due in part to observable inputs that are a component of the valuation methodology.



	Three months ended March 31, 2016
	Balance at Beginning of Period		Total Gains (Losses)													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Assets
Funds withheld receivables	$	74.8	$	(0.3	)	$	—	$	3.0	$	(3.1	)	$	(0.5	)	$	—	$	73.9
Total assets at fair value	$	74.8	$	(0.3	)	$	—	$	3.0	$	(3.1	)	$	(0.5	)	$	—	$	73.9

	Balance at Beginning of Period		Total (Gains) Losses													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Liabilities
Front Street future policyholder benefit liability	$	629.0	$	23.9		$	—	$	—	$	—		$	1.1		$	—	$	654.0
Embedded derivatives in Front Street's assumed FIA business	139.9		(3.4		)	—		—		—			—			—		136.5
Total liabilities at fair value	$	768.9	$	20.5		$	—	$	—	$	—		$	1.1		$	—	$	790.5



	Six months ended March 31, 2016
	Balance at Beginning of Period		Total Gains (Losses)													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Assets
Corporate fixed maturity securities AFS	$	14.1	$	(0.5	)	$	—	$	—	$	(13.6	)	$	—		$	—	$	—
Other invested assets	2.8		2.7			—		—		—			(5.5		)	—		—
Funds withheld receivables	84.4		(1.7		)	—		8.1		(16.4		)	(0.5		)	—		73.9
Total assets at fair value	$	101.3	$	0.5		$	—	$	8.1	$	(30.0	)	$	(6.0	)	$	—	$	73.9

	Balance at Beginning of Period		Total (Gains) Losses													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Liabilities
Front Street future policyholder benefit liability	$	629.2	$	20.2		$	—	$	—	$	—		$	4.6		$	—	$	654.0
Embedded derivatives in Front Street's assumed FIA business	142.3		(5.8		)	—		—		—			—			—		136.5
Total liabilities at fair value	$	771.5	$	14.4		$	—	$	—	$	—		$	4.6		$	—	$	790.5



	Three months ended March 31, 2015
	Balance at Beginning of Period		Total Gains (Losses)													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	41.5	$	5.5		$	—	$	—	$	—		$	—		$	—	$	47.0
Corporate fixed maturity securities AFS	15.8		—			—		—		—			—			—		15.8
Funds withheld receivables	65.2		0.2			—		12.0		(2.4		)	—			—		75.0
Total assets at fair value	$	122.5	$	5.7		$	—	$	12.0	$	(2.4	)	$	—		$	—	$	137.8

	Balance at Beginning of Period		Total (Gains) Losses													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Liabilities
Front Street future policyholder benefit liability	$	496.4	$	22.4		$	—	$	73.6	$	—		$	(7.9	)	$	—	$	584.5
Embedded derivatives in Front Street's assumed FIA business	157.0		(1.1		)	—		—		—			—			—		155.9
Total liabilities at fair value	$	653.4	$	21.3		$	—	$	73.6	$	—		$	(7.9	)	$	—	$	740.4



	Six months ended March 31, 2015
	Balance at Beginning of Period		Total Gains (Losses)													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings		Included in AOCI			Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	41.5	$	5.5	$	—		$	—	$	—		$	—		$	—	$	47.0
Corporate fixed maturity securities AFS	16.3		—		(0.5		)	—		—			—			—		15.8
Funds withheld receivables	59.4		0.1		—			22.0		(6.5		)	—			—		75.0
Total assets at fair value	$	117.2	$	5.6	$	(0.5	)	$	22.0	$	(6.5	)	$	—		$	—	$	137.8

	Balance at Beginning of Period		Total (Gains) Losses													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings		Included in AOCI			Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Liabilities
Front Street future policyholder benefit liability	$	151.3	$	22.6	$	—		$	420.5	$	—		$	(9.9	)	$	—	$	584.5
Embedded derivatives in Front Street's assumed FIA business	150.8		5.1		—			—		—			—			—		155.9
Total liabilities at fair value	$	302.1	$	27.7	$	—		$	420.5	$	—		$	(9.9	)	$	—	$	740.4

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 and no net transfers in or out of Level 3 for the three and six months ended March 31, 2016 and 2015.

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).

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 in the accompanying Condensed Consolidated Balance Sheets are summarized as follows:



	March 31, 2016
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets (a)
Other invested assets	$	—	$	—	$	2.5	$	2.5	$	2.5
Asset-based loans	—		—		136.8		136.8		136.8
Total financial assets	$	—	$	—	$	139.3	$	139.3	$	139.3

Liabilities (a)
Investment contracts, included in contractholder funds and other insurance reserves	$	—	$	—	$	895.9	$	895.9	$	1,034.3
Total debt (b)	—		6,391.0		80.7		6,471.7		6,232.0
Total financial liabilities	$	—	$	6,391.0	$	976.6	$	7,367.6	$	7,266.3



	September 30, 2015
	(As Adjusted)
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets (a)
Other invested assets	$	—	$	—	$	2.5	$	2.5	$	2.5
Asset-based loans	—		—		226.7		226.7		226.7
Total financial assets	$	—	$	—	$	229.2	$	229.2	$	229.2

Liabilities (a)
Investment contracts, included in contractholder funds and other insurance reserves	$	—	$	—	$	960.3	$	960.3	$	1,084.5
Total debt (b)	—		6,398.0		99.1		6,497.1		6,310.5
Total financial liabilities	$	—	$	6,398.0	$	1,059.4	$	7,457.4	$	7,395.0

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

(b) The fair values of debt set forth above are generally based on quoted or observed market prices.

Valuation Methodology

Investment Contracts and Other Insurance Reserves

Investment contracts assumed from FGL by Front Street include deferred annuities, FIAs and immediate annuities. The fair value of deferred annuity and FIAs is based on their cash surrender value (which is the cost the Company would incur to extinguish the liability) as these contracts are generally issued without an annuitization date. See “Funds Withheld Receivables and Future Policyholder Benefits Liability” section above for discussion of the calculation of the fair value of the insurance reserves.

Asset-based loans

The fair value of the asset-based loans originated by Salus approximate their net 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.

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

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangibles

6 Months Ended

Mar. 31, 2016

Goodwill and Intangibles

A summary of the changes in the carrying amounts of goodwill and intangible assets are as follows:



			Intangible Assets
	Goodwill		Indefinite Lived			Definite Lived			Total
Balance at September 30, 2015 (As Adjusted)	$	2,487.4	$	1,490.3		$	990.0		$	2,480.3
Adjustments	2.6		—			—			—
Less: Periodic amortization	—		—			(47.0		)	(47.0		)
Effect of translation	4.1		(2.6		)	1.7			(0.9		)
Balance at March 31, 2016	$	2,494.1	$	1,487.7		$	944.7		$	2,432.4

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.

Definite Lived Intangible Assets

The range and weighted average useful lives for definite lived intangible assets are as follows:



	March 31, 2016							September 30, 2015
	Cost		Accumulated Amortization			Net		Cost		Accumulated Amortization			Net
Customer relationships	$	987.8	$	(276.0	)	$	711.8	$	985.2	$	(247.4	)	$	737.8
Technology assets	234.3		(85.4		)	148.9		238.6		(78.1		)	160.5
Trade names	165.4		(81.4		)	84.0		165.4		(73.7		)	91.7
	$	1,387.5	$	(442.8	)	$	944.7	$	1,389.2	$	(399.2	)	$	990.0

At March 31, 2016, the range and weighted average useful lives for definite-lived intangibles assets were as follows:



Asset Type	Range	Weighted Average
Customer relationships	2 to 20 years	18.5 years
Technology assets	4 to 18 years	11.1 years
Trade names	8 to 17 years	16.2 years

Amortization expense for definite lived intangible assets for the three months ended March 31, 2016 and 2015 was $23.4 and $21.2, respectively, and $47.0 and $41.7 for the six months ended March 31, 2016 and 2015, respectively. Excluding the impact of any future acquisitions or change in foreign currency, the Company estimates annual amortization expense of amortizable intangible assets for the next five fiscal years will be as follows:



Fiscal Year	Estimated Amortization Expense
2016	$	93.9
2017	93.0
2018	86.2
2019	85.1
2020	84.9

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

Debt

6 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

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

The Company’s consolidated debt consists of the following:



	March 31, 2016					September 30, 2015
	Amount			Rate		Amount			Rate		Interest rate
						(As Adjusted)
HRG
7.875% Senior Secured Notes, due July 15, 2019	$	864.4		7.9	%	$	864.4		7.9	%	Fixed rate
7.75% Senior Unsecured Notes, due January 15, 2022	890.0			7.8	%	890.0			7.8	%	Fixed rate
Spectrum Brands
Term Loan, due June 23, 2022	1,220.8			3.5	%	1,226.9			3.9	%	Variable rate, see below
CAD Term Loan, due June 23, 2022	57.2			4.5	%	55.7			4.4	%	Variable rate, see below
Euro Term Loan, due June 23, 2022	257.5			3.5	%	255.8			3.5	%	Variable rate, see below
6.375% Senior Notes, due November 15, 2020	520.0			6.4	%	520.0			6.4	%	Fixed rate
6.625% Senior Notes, due November 15, 2022	570.0			6.6	%	570.0			6.6	%	Fixed rate
6.125% Notes, due December 15, 2024	250.0			6.1	%	250.0			6.1	%	Fixed rate
5.75% Notes, due July 15, 2025	1,000.0			5.8	%	1,000.0			5.8	%	Fixed rate
Revolver Facility, expiring June 23, 2020	175.0			3.2	%	—			—	%	Variable rate, see below
Other notes and obligations	10.4			12.4	%	11.2			10.2	%	Various
Obligations under capitalized leases	111.8			5.5	%	88.2			5.7	%	Various
Compass
Compass Credit Agreement, due February 14, 2018	160.0			3.7	%	327.0			3.0	%	Variable rate, see below
HGI Energy
9.0% HGI Energy Note to FGL*, due February 14, 2021	50.0			9.0	%	50.0			9.0	%	Fixed rate
Salus
Unaffiliated long-term debt of consolidated variable-interest entity	40.4			—	%	40.4			—	%	Variable rate, see below
Long-term debt of consolidated variable-interest entity with FGL*	165.0			5.5	%	274.0			3.9	%	Variable rate, see below
Unaffiliated secured borrowings under non-qualifying loan participations	8.8			10.5	%	8.8			10.5	%	Fixed rate
Secured borrowings under non-qualifying loan participations with FGL*	—			—	%	4.2			4.5	%	Variable rate, see below
Promissory note to FGL*	2.5			5.3	%	2.5			5.3	%	Fixed rate
Total	6,353.8					6,439.1
Original issuance discounts on debt, net of premiums	(25.0		)			(25.7		)
Less unamortized debt issue costs	(96.8		)			(102.9		)
Total debt	6,232.0					6,310.5
Less current maturities and short-term debt	46.0					45.1
Non-current portion of debt	$	6,186.0				$	6,265.4

* The debt balances included in the accompanying Condensed Consolidated Balance Sheets and in the table above reflect transactions between the businesses held for sale and businesses held for use that are expected to continue to exist after the close of the FGL Merger. Such transactions are not eliminated in the Condensed Consolidated Financial Statements in order to appropriately reflect the continuing operations and balances held for sale.

Spectrum Brands

Interest terms

Certain of Spectrum Brands’ debt instruments are subject to variable interest rates. At March 31, 2016, Spectrum Brands’ variable interest rate terms were as follows: (i) for the U.S. dollar denominated term loan facility (the “USD Term Loan”), either adjusted LIBOR, subject to a 0.75% floor, plus 2.75% per annum, or base rate plus 1.75% per annum; (ii) for the Canadian dollar (“CAD”) denominated term loan facility (the “CAD Term Loan”), either Canadian Dollar Offered Rate, subject to a 0.75% floor plus 3.5% per annum, or base rate plus 2.5% per annum; (iii) for the Euro denominated term loan facility (the “Euro Term Loan”), Euro Interbank Offered Rate, subject to a 0.75% floor, plus 2.75% per annum, with no base rate option available; and (iv) for the revolving credit facility (the “Revolver Facility”), either adjusted LIBOR plus 2.75% per annum or base rate plus 1.75% per annum. As a result of borrowings and payments under the Revolver Facility, at March 31, 2016, the Company had borrowing availability of $300.4, net outstanding letters of credit of $24.6.

Compass

As of March 31, 2016, Compass had $160.0 of outstanding indebtedness under 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 269 bps to 369 bps (or Alternate Base Rate (“ABR”) plus 475 bps to 575 bps), depending on the percentages of drawn balances to the borrowing base as defined in the agreement. On March 31, 2016, the one month LIBOR was 0.4% which resulted in an interest rate of approximately 3.7%.

On November 13, 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 maximum permitted ratio at the end of each quarter was increased to 6.00 to 1.0 through September 30, 2016. The maximum permitted Consolidated Coverage Ratio for each quarter ending after October 1, 2016 will be 4.50 to 1.00. The amendment also provided for the reduction of the borrowing base to $320.0 on November 13, 2015. Following the completion of the Compass Asset Sale and pay down of Compass indebtedness, the borrowing base under the Compass Credit Agreement was further reduced to $175.0.

Concurrently with such amendment, HRG’s wholly-owned subsidiary, HGI Funding, LLC (“HGI Funding”), determined to amend its guarantee in order to continue to provide a guarantee (the “Initial Guarantee”) of a limited portion of the debt under the Compass Credit Agreement until the date of Compass’ next borrowing base redetermination (expected to be on or about May 16, 2016) and committed to make a debt or equity contribution to Compass on the date of such redetermination in an amount to be determined based on the amount of the borrowing base at such time. HGI Funding’s aggregate obligations in connection with the Initial Guarantee through the May 2016 borrowing base redetermination date are not to exceed $30.0. The guarantee was also amended to provide that HGI Funding may elect to guaranty an additional portion of the debt under the Compass Credit Agreement (the “Optional Guarantee”) in order to cure defaults under the Consolidated Leverage Ratio on any test date through September 30, 2016. HGI Funding will be required to make a debt or equity contribution to Compass in the amount of the Optional Guarantee (if any) within eleven business days of the delivery of Compass' compliance certificate under the Compass Credit Agreement for the period ending September 30, 2016. The secured amount is secured by a pledge of assets chosen by the Company that may consist of a combination of cash and marketable securities with a determined value equal to the maximum secured amount then applicable. In measuring the determined value of the pledged assets, cash is valued at 100.0% and marketable securities are valued at 33.3% of fair market value thereafter (measured as the 20 day average close price of such marketable securities). As of March 31, 2016, the Company had no amounts in the Optional Guarantee. As of March 31, 2016, $160.0 was drawn under the Compass Credit Agreement. The Compass Credit Agreement matures on February 14, 2018.

On December 23, 2015, Compass received the consent of the lenders under the Compass Credit Agreement to delay the delivery of Compass’ unqualified audited financial statements for the fiscal year ending September 30, 2015 until March 31, 2016. Such financial statements had previously been required to be delivered within 90 days following the end of such fiscal year.

On March 29, 2016, Compass entered into a further amendment to the terms of the Compass Credit Agreement that included a modification of the Applicable Spread (as defined in the Compass Credit Agreement) whereby (i) the ABR Spread (as defined in the Compass Credit Agreement) was increased from a range of 0.75%-1.75%, based on the Borrowing Base Usage (as defined in the Compass Credit Agreement), to a spread of 1.25%-2.25% and (ii) the Eurodollar spread was increased from a range of 1.75%-2.75% to a range of 2.25%-3.25%. Additionally, the commitment fee was raised to 0.50% at all Borrowing Base Usage levels, up from 0.375% when the Borrowing Base Usage was less than 50.0%. The amendment further provided for a redetermination of Compass’ borrowing base on or about May 16, 2016 with scheduled redeterminations to begin December 1, 2016 and proceed every June 1 and December 1 thereafter. Finally, the amendment included a limited waiver of the event of default that would have occurred due to the existence of a going concern qualification in the audited consolidated financial statements of Compass for the fiscal year ended September 30, 2015.

As of March 31, 2016, Compass was in good standing under the covenants specified in the Compass Credit Agreement, as amended. The expiration date of the Initial Guarantee occurs upon the closing of Compass’ scheduled borrowing base redetermination on or about May 16, 2016. The expiration date of the Optional Guarantee occurs upon the making of all required payments on the Optional Guarantee payment date. Compass is presently current on all obligations related to the Compass Credit Agreement.

HGI Energy

In February 2013, in connection with the Company’s acquisition of an interest in Compass, HGI Energy entered into note purchase agreements, one of which was with FGL for $50.0 notional aggregate principal amount due February 14, 2021 (the “HGI Energy Note to FGL”). The HGI Energy Note to FGL earns interest at 9.0% per annum, payable semi-annually in arrears on January 1 and July 1. The HGI Energy Note to FGL is subordinated in seniority to the Compass Credit Agreement.

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 March 31, 2016 and September 30, 2015, Salus had $8.8 of such secured borrowings to unaffiliated co-lenders outstanding related to non-qualifying “participating interests”. As of March 31, 2016, Salus had no secured borrowings under non-qualifying loan participation with FGL and as of September 30, 2015, the balance was $4.2.

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. At March 31, 2016 and September 30, 2015, the outstanding notional aggregate principal amount was $248.6 and $357.7, respectively, of which $40.4 was taken up by unaffiliated entities and consisted entirely of subordinated debt, and $165.0 and $274.0 was taken up by FGL and included in Assets of business held for sale in the accompanying Condensed Consolidated Balance Sheets. The obligations of the securitization is secured by the assets of the Variable Interest Entity (“VIE”), primarily asset-based loan receivables, and at March 31, 2016 carried a variable interest rate ranging from LIBOR plus 2.4% to LIBOR plus 11.5% for the senior tranches. The subordinated tranches carry residual interest subject to maintenance of certain covenants. Due to losses incurred in the CLO, at March 31, 2016 and September 30, 2015, the CLO was not accruing interest on the subordinated debt.

In February 2015, Salus signed a $2.5 Senior Secured promissory note with FGL originally due on May 29, 2015, which has been extended to May 27, 2016 with fixed interest of 5.3% to be paid semi-annually.

Stock Compensation

6 Months Ended

Mar. 31, 2016

Stock Compensation

Stock-Based Compensation

The Company recognized consolidated stock-based compensation expense of $25.0 and $19.9 during the three months ended March 31, 2016 and 2015, respectively, and $40.0 and $34.0 during the six months ended March 31, 2016 and 2015, respectively. Stock-based 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 March 31, 2016 and related activity during the six months then ended are as follows (option amounts in thousands):



	HRG
Stock Option Awards	Options		Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Stock options outstanding at September 30, 2015	4,770		$	9.25	$	3.70
Granted	28		13.93		5.07
Exercised	(401	)	8.07		3.12
Stock options outstanding at March 31, 2016	4,397		9.39		3.77
Stock options vested and exercisable at March 31, 2016	3,347		8.40		3.37
Stock options outstanding and expected to vest	4,397		9.39		3.77

A summary of restricted stock, restricted stock units and performance restricted stock units outstanding as of March 31, 2016 and related activity during the six months then ended, under HRG and Spectrum Brands are as follows (share amounts in thousands):



	HRG
Restricted Stock Awards	Shares		Weighted Average Grant Date Fair Value
Nonvested restricted stock outstanding at September 30, 2015	4,283		$	11.74
Granted	99		13.93
Exercised/Released	(2,305	)	10.93
Nonvested restricted stock outstanding at March 31, 2016	2,077		12.74



	HRG			Spectrum Brands
Restricted Stock Units	Units	Weighted Average Grant Date Fair Value		Units		Weighted Average Grant Date Fair Value
Restricted stock units outstanding at September 30, 2015	42	$	12.33	608		$	87.50
Granted	6	13.93		572		94.73
Vested/Exercised	—	—		(528	)	86.54
Forfeited or Expired	—	—		(64	)	91.67
Restricted stock units outstanding at March 31, 2016	48	12.52		588		94.95

A summary of warrants outstanding as of March 31, 2016 and related activity during the six months then ended, under HRG‘s incentive plan are as follows (share amounts in thousands):



	HRG
Warrants	Units	Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Warrants outstanding at September 30, 2015	1,800	$	13.13	$	3.22
Warrants outstanding at March 31, 2016	1,800	13.13		3.22
Warrants vested and exercisable at March 31, 2016	600	13.13		3.22
Warrants outstanding and expected to vest	1,200	13.13		3.22

HRG

During the six months ended March 31, 2016, HRG granted stock option awards, restricted stock awards and restricted stock unit awards representing approximately 28 thousand, 99 thousand and 6 thousand shares, respectively. HRG granted no stock option awards, restricted stock units or restricted stock awards during the three months ended March 31, 2016. All of these grants are time based, and vest either immediately, or over a period of up to 3 years. The total fair value of the stock grants during the six months ended March 31, 2016 on their respective grant dates was approximately $1.6. During the six months ended March 31, 2016, stock option awards and restricted stock awards with a total fair value of $30.3 vested. The total intrinsic value of share options exercised during the six months ended March 31, 2016 was $2.1, for which HRG received cash of $3.2 in settlement.

During the six months ended March 31, 2015, HRG granted stock option awards, restricted stock awards and restricted stock unit awards representing approximately 822 thousand, 1,885 thousand and 6 thousand shares, respectively. HRG granted no stock option awards, restricted stock units or restricted stock awards during the three months ended March 31, 2015. All of these grants are time based, and vest either immediately, or over a period of up to 3 years. The total fair value of the stock grants during the six months ended March 31, 2015 on their respective grant dates was approximately $29.6. During the six months ended March 31, 2015, stock option awards and restricted stock awards with a total fair value of $26.2 vested. The total intrinsic value of stock options exercised during the six months ended March 31, 2015 was $2.2, for which HRG received cash of $1.9 in settlement.

Under HRG’s executive bonus plan for the fiscal year ending September 30, 2016, 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, 2017, and to vest, either immediately, or between 1 and 3 years from the grant date.

As of March 31, 2016, there was approximately $9.8 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 1.17 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:



	Six months ended March 31,
	2016	2015
Risk-free interest rate	1.65% to 1.74%	1.58% to 1.87%
Assumed dividend yield	—%	—%
Expected option term	5.0 to 5.5 years	5.0 to 6.5 years
Volatility	37.4% to 37.9%	38.0% to 39.0%

The weighted-average remaining contractual term of outstanding stock option awards and warrants at March 31, 2016 was 7.18 years.

Spectrum Brands

Spectrum Brands granted restricted stock units representing approximately 130 thousand and 572 thousand shares during the three and six months ended March 31, 2016, respectively. Of these grants, 190 thousand restricted stock units vested immediately and 48 thousand restricted stock units are time-based and vest within a period of 1 year. The remaining 334 thousand that are both performance and time-based and vest over a period of up to 2 years. The total market value of the restricted stock units on the dates of the grants was approximately $54.2. The remaining unrecognized pre-tax compensation cost related to restricted stock units at March 31, 2016 was $40.2.

Spectrum Brands granted restricted stock units representing approximately 296 thousand and 529 thousand shares during the three and six months ended March 31, 2015, respectively. The 529 thousand restricted stock units granted during the six months ended March 31, 2015 included 133 thousand restricted stock units vested immediately and 132 thousand restricted stock units are time-based and vest over a period of 1 to 3 years. The remaining 264 thousand restricted stock units are performance and time-based and vest over a period of up to 2 years. The total market value of the restricted shares on the date of the grant was approximately $47.8. The remaining unrecognized pre-tax compensation cost related to restricted stock units at March 31, 2015 was $48.6.

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

Income Taxes	6 Months Ended
Income Taxes	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three and six months ended March 31, 2016, the Company’s effective tax rate of 43.4% and 16.6%, respectively, differed from the expected U.S. statutory tax rate of 35% and was impacted by the change in judgement in the realizability on a portion of Spectrum Brand’s U.S. net operating loss carryforwards that were previously recorded with valuation allowance and recognition of tax benefits on current year losses from the Energy and Corporate and Other segments in the U.S. The Company determined that a portion of the current year losses related to the Energy and Corporate and Other segments are more likely than not to be realized based on the expected taxable gain from the FGL Merger. The increase in tax expense for the three months ended March 31, 2016 was principally due to an increase in current year losses from our Corporate and Other segments in the U.S. that are not more likely than not to be realized. In December 2015, Spectrum Brands received a ruling from the Internal Revenue Service which resulted in approximately $88.0 of U.S. net operating losses (“NOL”) being restored. The ruling created additional U.S. deferred tax assets and valuation allowance during the three and six months ended March 31, 2016. During the three months ended March 31, 2016, Spectrum Brands determined it is more likely than not its U.S. deferred tax assets will be used to reduce taxable income, except for tax attributes subject to ownership change limitations, capital losses, and certain state operating losses and credits that will expire unused. Spectrum Brands estimates the total unused tax benefits are approximately $209.0 and has projected to release approximately $84.0 of valuation allowance during the year ending September 30, 2016. Since the release is expected to be realized as a result of ordinary income in the fiscal year ending September 30, 2016, the entire $84.0 is included in the calculation of the estimated annual effective tax rate for the current year. For the three and six months ended March 31, 2015, the Company’s effective tax rate of 0.3% and (1.4)%, respectively, differed from the expected U.S. statutory tax rate of 35% and was impacted by pretax losses including book valuation impairments and bad debt expense in our Energy and Asset Management segments in the U.S. and certain pretax losses from foreign 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 six months ended March 31, 2015 included recognition of a nonrecurring net income tax benefit of $12.3 attributable to tax impact related to the impairment of certain Frederick’s of Hollywood Inc. (“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. The majority of NOL, capital loss and tax credit carryforwards of HRG and Spectrum Brands have historically been subject to valuation allowances, as the Company concluded that 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 and Spectrum Brands are subject to limitations under Internal Revenue Code (“IRC”) Sections 382 and 383. Such limitations resulted from ownership changes of more than 50 percentage points over a three-year period. The consummation of the FGL Merger is expected to result in the reversal of a significant portion of the Company’s valuation allowance previously recorded against tax attribute carryforwards that are expected to be realized against the taxable gain.

Earnings Per Share

6 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share

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



	Three months ended March 31,						Six months ended March 31,
	2016			2015			2016			2015
Net loss from continuing operations attributable to controlling interest	$	(19.9	)	$	(236.9	)	$	(8.8	)	$	(360.4	)
Net (loss) income from discontinued operations attributable to controlling interest	(14.9		)	8.6			(59.9		)	22.3
Net loss attributable to controlling interest	$	(34.8	)	$	(228.3	)	$	(68.7	)	$	(338.1	)

Participating common shares at end of period	198,521			196,672			198,521			196,672

Net loss attributable to common shares - basic and diluted	$	(34.8	)	$	(228.3	)	$	(68.7	)	$	(338.1	)

Weighted-average common shares outstanding - basic	198,521			196,860			198,076			197,583
Weighted-average shares outstanding - diluted	198,521			196,860			198,076			197,583

Net loss per common share attributable to controlling interest:
Basic loss from continuing operation	$	(0.10	)	$	(1.20	)	$	(0.05	)	$	(1.82	)
Basic (loss) income from discontinued operations	(0.08		)	0.04			(0.30		)	0.11
Basic	$	(0.18	)	$	(1.16	)	$	(0.35	)	$	(1.71	)

Diluted loss from continuing operation	$	(0.10	)	$	(1.20	)	$	(0.05	)	$	(1.82	)
Diluted (loss) income from discontinued operations	(0.08		)	0.04			(0.30		)	0.11
Diluted	$	(0.18	)	$	(1.16	)	$	(0.35	)	$	(1.71	)

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.

The following 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, stock options and warrants would have been anti-dilutive (share amounts in thousands):



	Three months ended March 31,		Six months ended March 31,
	2016	2015	2016	2015
Unvested restricted stock and restricted stock units	1,501	3,092	2,130	2,861
Stock options	1,040	1,316	1,172	1,393
Out of the money warrants	1,800	3,000	1,800	3,000

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	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 accruals, 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. FGL is assessed amounts by the state guaranty funds to cover losses to policyholders of insolvent or rehabilitated insurance companies. Those mandatory assessments may be partially recovered through a reduction in future premium taxes in certain states. At March 31, 2016, FGL has accrued $3.0 for guaranty fund assessments that is expected to be offset by estimated future premium tax deductions of $3.0. 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 (the “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 including litigation against the Controller for the State of California which is subject to a stay. FGL believes its current accrual will cover the reasonably estimated liability arising out of these developments, however 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 these matters. On July 5, 2013, Plaintiff Eddie L. Cressy filed a putative class Complaint captioned Cressy v. Fidelity Guaranty [sic] Life Insurance Company, et. al. in the Superior Court of California, County of Los Angeles (the “LA Court”), Case No. BC-514340. The Complaint was filed after the Plaintiff was unable to maintain an action in federal court. The Complaint asserts, inter alia, that the Plaintiff and members of the putative class relied on Defendants’ advice in purchasing allegedly unsuitable equity-indexed insurance policies. On January 2, 2015, the LA Court entered final judgment in Cressy, certifying the class for settlement purposes, and approving the class settlement reached on April 4, 2014. On August 10, 2015, FGL tendered $1.3 to the settlement administrator for a claim review fund. The Company implemented an interest enhancement feature for certain policies as part of the class settlement, which enhancement began on October 12, 2015. On December 11, 2015, the parties filed a joint motion to amend the January 2, 2015 final order and judgment, to extend the deadline for settlement completion from January 28, 2016 to October 24, 2016. At March 31, 2016, FGL estimated the total cost for the settlement, legal fees and other costs related to Cressy would be $9.2, with a liability for the unpaid portion of the estimate of $1.4. FGL has incurred and paid $4.6 related to legal fees and other costs and $3.3 related to settlement costs as of March 31, 2016. 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. 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 (“Plaintiff Ludwick”) v. Harbinger Group Inc. (HRG’s former corporate name), FGL Insurance, Raven Re, and Front Street Cayman (the “Defendants”). The complaint alleged violations of the Racketeer Influenced and Corrupt Organizations Act (“RICO”), requested injunctive and declaratory relief, sought unspecified compensatory damages for the putative class in an amount not specified, treble damages, and other relief, and claims Plaintiff Ludwick overpaid for her annuity. On April 13, 2015, the Defendants filed a joint motion to dismiss the complaint. On February 12, 2016, the District Court granted the Defendants’ joint motion to dismiss. On March 3, 2016, Plaintiff Ludwick filed a notice of appeal. As of March 31, 2016, HRG and FGL did not have sufficient information to determine whether FGL is exposed to any losses that would be either probable or reasonably estimable beyond an expense contingency estimate of $1.5, which was accrued during the six months ended March 31, 2016. 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 HGI Funding has an agreement with FGL to guarantee, subject to certain terms and in the event of nonperformance by the third party borrowers and Salus, the fulfillment of accumulated foreign exchange losses recoverable under one loan originated by Salus that is denominated in CAD. At March 31, 2016 and September 30, 2015, Salus’ obligation to FGL related to such foreign exchange losses was $10.8 and $10.7, respectively. See Note 9, Debt for details of the limited unconditional and irrevocable guarantee that was provided by HGI Funding for certain of the payment obligations under the Compass Credit Agreement. Unfunded Asset Based Lending Commitments Salus and FGL have unfunded investment commitments as of March 31, 2016 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. Through Salus, the Company enters into commitments to extend credit to meet the financing needs of its asset based lending customers upon satisfaction of certain conditions. At March 31, 2016, the notional amount of unfunded, legally binding lending commitments was approximately $39.1, of which $31.8 expires in 1 year or less, and the remainder expires between 1 and 5 years. FGL has unfunded investment commitments of $147.8 as of March 31, 2016.

Related Party Transactions	6 Months Ended
Related Party Transactions	Mar. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions In connection with a March 2014 transaction by and among funds affiliated with HCP and Leucadia, HCP sold to Leucadia 23.0 million shares of HRG common stock and transferred a portion of its rights under an existing registration rights agreement. On October 7, 2015, FGL entered into an engagement letter (the “Engagement Letter”) with Jefferies LLC (“Jefferies”) pursuant to which Jefferies agreed (on a non-exclusive basis) to provide financial advisory services to FGL in connection with a transaction involving a merger or other similar transaction with respect to at least a majority of the capital stock of FGL. Jefferies is a wholly owned subsidiary of Leucadia, which through subsidiaries beneficially owns more than 10% of HRG’s outstanding shares of common stock. HRG is also a party to the Engagement Letter. Under the Engagement Letter, Jefferies is entitled to receive a fee which represents a percentage of the value of the transaction, plus reimbursement for all reasonable out-of-pocket expenses incurred by Jefferies in connection with their engagement. FGL has also agreed to indemnify Jefferies for certain liabilities in connection with their engagement. HRG is required to reimburse FGL for compensation paid by FGL to Jefferies under certain circumstances. Specifically, if compensation to Jefferies becomes payable in respect of a transaction that involves a disposition of shares of FGL held by HRG (and not other stockholders of FGL), HRG will reimburse FGL for the full amount of such compensation. If compensation to Jefferies becomes payable in respect of a transaction that involves a disposition of shares of FGL held by HRG and a disposition of not more than 50% of the shares of FGL held by stockholders of FGL other than HRG, HRG will reimburse FGL for its pro rata portion of such compensation (based on its relative number of shares compared to those held by stockholders of FGL other than HRG). On October 9, 2015, HGI Funding entered into a stock purchase agreement, by and among HGI Funding, HC2 Holdings, Inc. (“HC2”) and the purchasers party thereto, whereby HGI Funding sold its remaining equity interest in HC2 at a price of $7.50 per share for an aggregate purchase price of $35.1. Jefferies agreed to purchase 1.2 million shares in the transaction at a purchase price of $7.50 per share. In addition, Mr. Falcone purchased 540.0 thousand shares in the transaction through an HCP fund, at a purchase price of $7.50 per share. On October 23, 2015, Front Street Cayman sold bonds issued by Phoenix Life Insurance Company and received approximately $14.0 in aggregate proceeds from the sale. Jefferies acted as the principal in the transaction. FGL has 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 March 31, 2016. The collateral managers of both FCO III and Fortress BSL are affiliates of funds managed by affiliates of Fortress. Such CLOs had an aggregate total carrying value of $183.1 and $182.6 as of March 31, 2016 and September 30, 2015, respectively. The Company’s net investment income from such securities was $2.0 and $4.0 for the three and six months ended March 31, 2016, respectively, and $1.9 and $3.9 for the three and six months ended March 31, 2015, respectively.

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

Segment Data

6 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segment Data

The Company follows the accounting guidance which establishes standards for reporting information about operating segments in interim and annual financial statements. The Company’s reportable business segments are organized in a manner that reflects how 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 six months ended March 31, 2016 and 2015:



	Three months ended March 31,						Six months ended March 31,
	2016			2015			2016			2015
Revenues:
Consumer Products	$	1,209.6		$	1,067.0		$	2,428.4		$	2,134.8
Insurance	39.6			(38.9		)	29.6			(4.4		)
Energy	9.5			26.0			26.3			60.3
Asset Management	1.6			5.1			7.6			13.1
Intersegment elimination	9.2			65.1			11.1			43.2
Consolidated segment revenues	1,269.5			1,124.3			2,503.0			2,247.0
Corporate and Other	—			19.5			—			40.5
Total revenues	$	1,269.5		$	1,143.8		$	2,503.0		$	2,287.5

Operating income (loss):
Consumer Products	$	148.5		$	88.4		$	291.0		$	204.0
Insurance	(1.8		)	(56.3		)	(1.8		)	(50.7		)
Energy	(26.7		)	(161.3		)	(91.2		)	(356.3		)
Asset Management	(9.2		)	(67.3		)	(18.3		)	(68.5		)
Intersegment elimination	13.2			43.9			(5.8		)	27.7
Total segment operating income (loss)	124.0			(152.6		)	173.9			(243.8		)
Corporate and Other and eliminations	(8.2		)	(24.5		)	(22.8		)	(148.3		)
Consolidated operating income (loss)	115.8			(177.1		)	151.1			(392.1		)
Interest expense	(95.8		)	(81.1		)	(193.3		)	(157.5		)
Gain on sale of oil and gas properties	—			—			105.6			—
Gain upon gaining control of equity method investment	—			—			—			141.2
Other income, net	0.5			14.1			1.6			46.9
Income (loss) from continuing operations before income taxes	20.5			(244.1		)	65.0			(361.5		)
Income tax expense (benefit)	8.9			(0.8		)	10.8			5.2
Net income (loss) from continuing operations	11.6			(243.3		)	54.2			(366.7		)
(Loss) income from discontinued operations, net of tax	(13.1		)	5.8			(48.7		)	22.8
Net (loss) income	(1.5		)	(237.5		)	5.5			(343.9		)
Less: Net income (loss) attributable to noncontrolling interest	33.3			(9.2		)	74.2			(5.8		)
Net loss attributable to controlling interest	$	(34.8	)	$	(228.3	)	$	(68.7	)	$	(338.1	)



	Six months ended March 31,
Net change in cash due to continuing operating activities	2016			2015
Consumer Products	$	(144.5	)	$	(180.3	)
Insurance	(9.1		)	(5.4		)
Energy	(11.5		)	7.4
Asset Management	(10.3		)	(12.9		)
Intersegment elimination	82.5			29.9
Net change in cash due to segment operating activities	(92.9		)	(161.3		)
Net change in cash due to corporate and other operating activities	(92.1		)	(140.2		)
Consolidated change in cash due to continuing operating activities	$	(185.0	)	$	(301.5	)

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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599

Consolidating Financial Information

Consolidating Financial Information

6 Months Ended

Mar. 31, 2016

Text Block [Abstract]

The following schedules present the Company’s accompanying Condensed Consolidated Balance Sheets information at March 31, 2016 and September 30, 2015, and accompanying Condensed Consolidated Statements of Operations information for the six months ended March 31, 2016 and 2015. These schedules present the individual segments of the Company and their contribution to the Condensed 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 six months ended March 31, 2015. The elimination adjustments are for intercompany assets and liabilities, adjustments to align segment accounting policies with the consolidated basis, 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



March 31, 2016	Consumer Products		Insurance		Energy		Asset Management		Corporate and Other		Discontinued Operations		Eliminations and adjustments			Total
Assets:
Investments	$	—	$	6.1	$	—	$	134.8	$	—	$	—	$	(1.6	)	$	139.3
Investments in subsidiaries and affiliates	—		12.0		—		—		2,067.5		—		(2,079.5		)	—
Affiliated loans and receivables	—		23.2		—		1.0		0.3		—		(24.5		)	—
Cash and cash equivalents	133.3		33.0		8.3		51.6		239.4		—		—			465.6
Funds withheld receivables	—		1,709.1		—		—		—		—		(29.7		)	1,679.4
Receivables, net	635.9		18.7		6.6		0.8		0.3		—		—			662.3
Inventories, net	924.4		—		—		—		—		—		—			924.4
Deferred tax assets	9.3		23.4		—		0.1		249.1		—		17.9			299.8
Properties, including oil and natural gas properties, net	528.9		—		133.7		0.9		1.2		—		—			664.7
Goodwill	2,483.4		—		—		10.7		—		—		—			2,494.1
Intangibles	2,432.4		—		—		—		—		—		—			2,432.4
Other assets	115.4		12.8		1.4		1.1		1.7		—		16.7			149.1
Assets of business held for sale	—		—		—		—		—		25,544.0		—			25,544.0
Total assets	$	7,263.0	$	1,838.3	$	150.0	$	201.0	$	2,559.5	$	25,544.0	$	(2,100.7	)	$	35,455.1



Liabilities and Equity:
Insurance reserves	$	—	$	1,686.5	$	—		$	—		$	—	$	—	$	138.3		$	1,824.8
Debt	4,103.8		—		159.1			43.5			1,708.0		—		217.6			6,232.0
Accounts payable and other current liabilities	786.2		6.6		11.3			3.7			37.7		—		2.0			847.5
Employee benefit obligations	82.8		—		—			—			4.8		—		—			87.6
Deferred tax liabilities	563.8		—		—			—			340.6		—		(8.8		)	895.6
Other liabilities	22.9		5.5		21.9			8.7			3.3		—		9.3			71.6
Affiliated debt and payables	—		0.2		102.2			202.8			—		—		(305.2		)	—
Liabilities of business held for sale	—		—		—			—			—		23,988.1		—			23,988.1
Total liabilities	5,559.5		1,698.8		294.5			258.7			2,094.4		23,988.1		53.2			33,947.2
Total stockholders’ equity	959.2		139.5		(144.3		)	(60.1		)	465.1		1,259.6		(2,153.9		)	465.1
Noncontrolling interests	744.3		—		(0.2		)	2.4			—		296.3		—			1,042.8
Total permanent equity	1,703.5		139.5		(144.5		)	(57.7		)	465.1		1,555.9		(2,153.9		)	1,507.9
Total liabilities and equity	$	7,263.0	$	1,838.3	$	150.0		$	201.0		$	2,559.5	$	25,544.0	$	(2,100.7	)	$	35,455.1



September 30, 2015 (As Adjusted)	Consumer Products		Insurance		Energy			Asset Management			Corporate and Other		Discontinued Operations		Eliminations and adjustments			Total
Assets:
Investments	$	—	$	23.7	$	—		$	223.9		$	32.8	$	—	$	(1.5	)	$	278.9
Investment in subsidiaries and affiliates	—		10.6		—			—			2,014.7		—		(2,025.3		)	—
Affiliated loans and receivables	—		31.1		—			1.1			0.1		—		(32.3		)	—
Cash and cash equivalents	247.9		18.0		34.2			94.7			300.4		—		—			695.2
Funds withheld receivables	—		1,743.8		—			—			—		—		(33.7		)	1,710.1
Receivables, net	586.6		25.6		19.1			0.7			0.8		—		0.1			632.9
Inventories, net	780.8		—		—			—			—		—		—			780.8
Deferred tax assets	9.3		23.6		—			0.2			3.9		—		14.2			51.2
Properties, including oil and natural gas properties, net	507.1		—		288.9			1.1			1.3		—		—			798.4
Goodwill	2,476.7		—		—			10.7			—		—		—			2,487.4
Intangibles	2,480.3		—		—			—			—		—		—			2,480.3
Other assets	105.1		7.4		1.1			2.1			1.5		—		17.1			134.3
Assets of business held for sale	—		—		—			—			—		24,984.5		—			24,984.5
Total assets	$	7,193.8	$	1,883.8	$	343.3		$	334.5		$	2,355.5	$	24,984.5	$	(2,061.4	)	$	35,034.0

Liabilities and Equity:
Insurance reserves	$	—	$	1,731.9	$	—		$	—		$	—	$	—	$	124.1		$	1,856.0
Debt	3,905.9		—		325.9			42.9			1,705.1		—		330.7			6,310.5
Accounts payable and other current liabilities	993.0		5.4		33.6			7.7			53.7		—		2.2			1,095.6
Employee benefit obligations	88.1		—		—			—			4.8		—		—			92.9
Deferred tax liabilities	572.6		—		—			—			1.9		—		—			574.5
Other liabilities	27.3		7.1		39.1			10.3			3.3		—		8.4			95.5
Affiliated debt and payables	—		—		102.2			313.1			—		—		(415.3		)	—
Liabilities of business held for sale	—		—		—			—			—		23,420.9		—			23,420.9
Total liabilities	5,586.9		1,744.4		500.8			374.0			1,768.8		23,420.9		50.1			33,445.9
Total stockholders’ equity	900.4		139.4		(157.2		)	(41.8		)	586.7		1,270.7		(2,111.5		)	586.7
Noncontrolling interests	706.5		—		(0.3		)	2.3			—		292.9		—			1,001.4
Total permanent equity	1,606.9		139.4		(157.5		)	(39.5		)	586.7		1,563.6		(2,111.5		)	1,588.1
Total liabilities and equity	$	7,193.8	$	1,883.8	$	343.3		$	334.5		$	2,355.5	$	24,984.5	$	(2,061.4	)	$	35,034.0

HRG Group, Inc. - Condensed Consolidating Statements of Operations Information



Six months ended March 31, 2016	Consumer Products			Insurance			Energy			Asset Management			Corporate and Other			Discontinued Operations			Eliminations and adjustments			Total
Revenues:
Net consumer and other product sales	$	2,428.4		$	—		$	—		$	—		$	—		$	—		$	—		$	2,428.4
Oil and natural gas	—			—			26.3			—			—			—			—			26.3
Net investment income	—			1.5			—			6.7			—			—			28.8			37.0
Net investment gains	—			28.1			—			—			—			—			(20.9		)	7.2
Insurance and investment product fees and other	—			—			—			0.9			—			—			3.2			4.1
Total revenues	2,428.4			29.6			26.3			7.6			—			—			11.1			2,503.0
Operating costs and expenses:
Cost of consumer products and other goods sold	1,524.9			—			—			—			—			—			—			1,524.9
Oil and natural gas direct operating costs	—			—			26.3			—			—			—			—			26.3
Benefits and other changes in policy reserves	—			28.2			—			—			—			—			15.6			43.8
Selling, acquisition, operating and general expenses	565.5			3.2			15.6			10.8			22.8			—			1.2			619.1
Impairments and bad debt expense	—			—			75.6			15.1			—			—			0.1			90.8
Amortization of intangibles	47.0			—			—			—			—			—			—			47.0
Total operating costs and expenses	2,137.4			31.4			117.5			25.9			22.8			—			16.9			2,351.9
Operating income (loss)	291.0			(1.8		)	(91.2		)	(18.3		)	(22.8		)	—			(5.8		)	151.1
Equity in net income of subsidiaries	—			—			—			—			23.7			—			(23.7		)	—
Interest expense	(115.9		)	—			(3.7		)	—			(71.4		)	—			(2.3		)	(193.3		)
Affiliated interest expense	—			—			(4.5		)	(3.4		)	0.3			—			7.6			—
Gain on sale of oil and gas properties	—			—			105.6			—			—			—			—			105.6
Other income, net	(4.3		)	—			2.3			0.9			3.0			—			(0.3		)	1.6
Income (loss) from continuing operations before income taxes	170.8			(1.8		)	8.5			(20.8		)	(67.2		)	—			(24.5		)	65.0
Income tax expense (benefit)	21.8			(1.8		)	—			—			1.5			—			(10.7		)	10.8
Net income (loss) from continuing operations	149.0			—			8.5			(20.8		)	(68.7		)	—			(13.8		)	54.2
(Loss) income from discontinued operations, net of tax	—			—			—			—			—			(48.7		)	—			(48.7		)
Net (loss) income	149.0			—			8.5			(20.8		)	(68.7		)	(48.7		)	(13.8		)	5.5
Less: Net income (loss) attributable to noncontrolling interest	63.0			—			—			—			—			11.2			—			74.2
Net loss attributable to controlling interest	$	86.0		$	—		$	8.5		$	(20.8	)	$	(68.7	)	$	(59.9	)	$	(13.8	)	$	(68.7	)



Six months ended March 31, 2015	Consumer Products			Insurance			Energy			Asset Management			Corporate and Other			Discontinued Operations		Eliminations and adjustments			Total
Revenues:
Net consumer and other product sales	$	2,134.8		$	—		$	—		$	—		$	40.5		$	—	$	—		$	2,175.3
Oil and natural gas	—			—			60.3			—			—			—		—			60.3
Net investment income	—			5.9			—			13.1			—			—		24.9			43.9
Net investment gains	—			(10.3		)	—			—			—			—		15.1			4.8
Insurance and investment product fees and other	—			—			—			—			—			—		3.2			3.2
Total revenues	2,134.8			(4.4		)	60.3			13.1			40.5			—		43.2			2,287.5
Operating costs and expenses:
Cost of consumer products and other goods sold	1,389.9			—			—			—			29.1			—		—			1,419.0
Oil and natural gas operating costs	—			—			43.8			—			—			—		—			43.8
Benefits and other changes in policy reserves	—			41.8			—			—			—			—		8.5			50.3
Selling, acquisition, operating and general expenses	499.2			4.5			36.2			19.0			99.5			—		2.0			660.4
Impairments and bad debt expense	—			—			336.6			62.6			60.2			—		5.0			464.4
Amortization of intangibles	41.7			—			—			—			—			—		—			41.7
Total operating costs and expenses	1,930.8			46.3			416.6			81.6			188.8			—		15.5			2,679.6
Operating income (loss)	204.0			(50.7		)	(356.3		)	(68.5		)	(148.3		)	—		27.7			(392.1		)
Equity in net loss of subsidiaries	—			—			—			—			(201.7		)	—		201.7			—
Interest expense	(93.6		)	—			(4.4		)	—			(56.3		)	—		(3.2		)	(157.5		)
Affiliated interest expense	—			—			(4.5		)	(14.0		)	(2.6		)	—		21.1			—
Gain upon gaining control of equity method investment	—			—			141.2			—			—			—		—			141.2
Other income, net	(3.9		)	—			24.0			(1.5		)	36.5			—		(8.2		)	46.9
Income (loss) from continuing operations before income taxes	106.5			(50.7		)	(200.0		)	(84.0		)	(372.4		)	—		239.1			(361.5		)
Income tax expense (benefit)	28.6			(17.7		)	—			—			(13.3		)	—		7.6			5.2
Net income (loss) from continuing operations	77.9			(33.0		)	(200.0		)	(84.0		)	(359.1		)	—		231.5			(366.7		)
(Loss) income from discontinued operations, net of tax	—			—			—			—			—			22.8		—			22.8
Net (loss) income	77.9			(33.0		)	(200.0		)	(84.0		)	(359.1		)	22.8		231.5			(343.9		)
Less: Net income (loss) attributable to noncontrolling interest	32.4			—			(0.5		)	(17.2		)	(21.0		)	0.5		—			(5.8		)
Net loss attributable to controlling interest	$	45.5		$	(33.0	)	$	(199.5	)	$	(66.8	)	$	(338.1	)	$	22.3	$	231.5		$	(338.1	)

Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements (Policies)	6 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Industry Specific Policies, Insurance Companies [Policy Text Block]	Insurance Subsidiary Financial Information and Regulatory Matters FGL Insurance’s statutory carrying value of Raven Reinsurance Company (“Raven Re”), its wholly-owned subsidiary, 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 $213.8 and $226.3 at March 31, 2016 and September 30, 2015, 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 $2.8 and $2.5 at March 31, 2016 and September 30, 2015, respectively. Without such permitted statutory accounting practices, Raven Re’s statutory capital and surplus would be negative $7.2 and negative $33.1 as of March 31, 2016 and September 30, 2015, 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 March 31, 2016 and September 30, 2015 was $209.4 and $195.6, 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 a $41.6 increase to statutory capital and surplus at March 31, 2016.
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 first day of the month spot price for the trailing 12 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 first day of the month spot price for the trailing 12 month period using the first day of each month. As of March 31, 2016, the trailing 12 month period month reference prices were $2.40 per Million British Thermal Units (“Mmbtu”) for natural gas at Henry Hub (“HH”), and $46.26 per barrel (“Bbl”) of oil for West Texas Intermediate (“WTI”) 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 $16.79 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. During the three and six months ended March 31, 2016, Compass recognized impairments of $21.2 and $75.6, respectively, to its proved oil and natural gas properties due to the continued decline in oil and natural gas prices. For the three months ended March 31, 2015, Compass recognized impairments to its proved oil and natural gas properties of $146.6 primarily due to a decline in oil and natural gas prices. During the six months ended March 31, 2015, Compass recognized impairments of $336.6 to its proved oil and natural gas properties due to the sharp decline in oil and natural gas prices, as well as the acquisition by HGI Energy of EXCO Resources, Inc.’s (“EXCO”) interest in Compass, which 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 first day of the month 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 March 31, 2015 resulting in impairment. As a result of the continued decline in oil and natural gas prices, Compass expects to incur additional impairments to its oil and natural gas properties in fiscal year 2016 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.

Divestitures Divestitures - Schedule of assets and liabilities held for sale (Tables)

6 Months Ended

Mar. 31, 2016

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations [Table Text Block]



	Three months ended March 31,						Six months ended March 31,
	2016			2015			2016			2015
Revenues:
Insurance premiums	$	16.2		$	14.2		$	31.6		$	25.8
Net investment income (a)	226.7			207.6			448.9			416.0
Net investment (losses) gains	(41.7		)	(33.4		)	24.5			25.1
Insurance and investment product fees and other	31.7			22.1			60.5			41.9
Total revenues	232.9			210.5			565.5			508.8
Operating costs and expenses:
Benefits and other changes in policy reserves	188.1			171.9			369.0			395.6
Selling, acquisition, operating and general expenses	27.1			28.3			55.3			57.5
Impairments and bad debt expense	1.3			(0.4		)	1.3			0.1
Amortization of intangibles	0.4			(3.0		)	33.9			8.3
Total operating costs and expenses	216.9			196.8			459.5			461.5
Operating income	16.0			13.7			106.0			47.3
Interest expense	(5.9		)	(5.9		)	(11.8		)	(11.8		)
Other income (expense), net	2.5			(5.0		)	2.5			(5.0		)
Write-down of assets of business held for sale to fair value less cost to sell	(23.5		)	—			(23.5		)	—
Net (loss) income before income taxes	(10.9		)	2.8			73.2			30.5
Income tax expense (benefit) (b)	2.2			(3.0		)	121.9			7.7
Net (loss) income	(13.1		)	5.8			(48.7		)	22.8
Less: net income (loss) attributable to noncontrolling interest	1.8			(2.8		)	11.2			0.5
Net (loss) income - attributable to controlling interest	$	(14.9	)	$	8.6		$	(59.9	)	$	22.3

The following table summarizes the major categories of assets and liabilities classified as held for sale in the accompanying Condensed Consolidated Balance Sheets at March 31, 2016 and September 30, 2015:



	March 31, 2016			September 30, 2015
Assets
Investments, including loans and receivables from affiliates	$	19,697.1		$	19,206.7
Cash and cash equivalents	496.4			501.8
Accrued investment income	208.5			191.2
Reinsurance recoverable	3,511.7			3,578.7
Deferred tax assets	191.0			194.7
Properties	15.9			14.4
Deferred acquisition costs and value of business acquired, net	1,234.3			1,048.6
Other assets	212.6			248.4
Write-down of assets of business held for sale to fair value less cost to sell	(23.5		)	—
Total assets held for sale	$	25,544.0		$	24,984.5
Liabilities
Insurance reserves	$	23,018.8		$	22,560.1
Debt	300.0			298.3
Accounts payable and other current liabilities	46.4			43.7
Other liabilities	622.9			518.8
Total liabilities held for sale	$	23,988.1		$	23,420.9

Below is a summary of the impact of such intercompany balances in the accompanying Condensed Consolidated Balance Sheets:



	March 31, 2016		September 30, 2015
Assets
Funds withheld receivable	$	993.0	$	1,058.0
Other assets	15.6		15.9
Assets of business held for sale	1,618.7		1,769.8
Total assets	$	2,627.3	$	2,843.7
Liabilities
Insurance reserves	$	1,170.8	$	1,226.8
Debt	217.5		330.7
Accounts payable and other current liabilities	1.1		1.6
Other liabilities	12.7		11.0
Liabilities of business held for sale	1,225.2		1,273.6
Total liabilities	$	2,627.3	$	2,843.7

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721665-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1474-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721683-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=51719941&loc=SL51724579-110230

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721663-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721659-107760

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721671-107760

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721677-107760

Investments, Debt and Equity Securities [Abstract]

Investments (Tables)

6 Months Ended

Mar. 31, 2016

Available-for-Sale Securities

The Company’s consolidated investments are summarized as follows:



	March 31, 2016
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Carrying Value
Asset-based loans	$	136.8	$	—	$	—	$	136.8	$	136.8
Other invested assets	2.5		—		—		2.5		2.5
Total Investments	$	139.3	$	—	$	—	$	139.3	$	139.3



	September 30, 2015
	(As Adjusted)
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Carrying Value
Corporate fixed-maturity securities, available-for-sale	$	14.1	$	—	$	—	$	14.1	$	14.1
Equity securities - held for trading	18.7		14.1		—		32.8		32.8
Asset-based loans	226.7		—		—		226.7		226.7
Other invested assets	5.3		—		—		5.3		5.3
Total Investments	$	264.8	$	14.1	$	—	$	278.9	$	278.9

Portfolio of Asset-Backed Loans and Other Invested Assets

s of March 31, 2016 and September 30, 2015, the Company’s portfolio of asset-based loans receivable originated by Salus and its co-lender Front Street consisted of the following:



	March 31, 2016		September 30, 2015
			(As Adjusted)
Asset-based loans, net of deferred fees, by major industry:
Apparel	$	50.3	$	66.0
Electronics	45.4		45.9
Jewelry	35.6		36.9
Manufacturing	29.9		32.7
Other	23.4		93.1
Total asset-based loans	184.6		274.6
Less: Allowance for credit losses	47.8		47.9
Total asset-based loans, net	$	136.8	$	226.7

Schedule of Allowance for Credit Losses

The following table presents the activity in its allowance for credit losses for the three and six months ended March 31, 2016 and 2015:



	Three months ended March 31,						Six months ended March 31,
	2016			2015			2016			2015
Allowance for credit losses:
Balance at beginning of period	$	43.7		$	5.3		$	47.9		$	5.5
Provision for credit losses	6.7			68.5			15.1			68.3
Charge-offs	(2.6		)	(51.1		)	(15.2		)	(51.1		)
Balance at end of period	$	47.8		$	22.7		$	47.8		$	22.7

Schedule of Credit Quality of Asset-Based Loan Portfolio



	Internal Risk Rating
	Pass		Special Mention		Substandard		Doubtful		Total
March 31, 2016	$	12.1	$	33.0	$	17.1	$	122.4	$	184.6
September 30, 2015 (As Adjusted)	$	69.0	$	32.4	$	74.0	$	99.2	$	274.6

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

Schedule of Derivative Instruments [Table Text Block]

Derivative Financial Instruments (Tables)

6 Months Ended

Mar. 31, 2016

Derivative [Line Items]

Spectrum Brands’ interest rate swaps at March 31, 2016 and September 30, 2015 were as follows:



	March 31, 2016			September 30, 2015
	Notional		Remaining Years	Notional		Remaining Years
Interest rate swaps - fixed	$	300.0	1	$	300.0	1.5

The swaps effectively fix the floating price on a specified quantity of raw materials through a specified date. At March 31, 2016, Spectrum Brands had a series of zinc and brass swap contracts outstanding through September 2017. The derivative net losses estimated to be reclassified from AOCI into earnings over the next 12 months is $0.8, net of tax. Spectrum Brands had the following commodity swap contracts outstanding as of March 31, 2016 and September 30, 2015:



	March 31, 2016			September 30, 2015
	Notional	Contract Value		Notional	Contract Value
Zinc swap contracts (tons)	9.4	$	18.0	10.8	$	22.2
Brass swap contracts (tons)	1.0	4.4		1.8	8.5

had the following commodity swap contracts outstanding as of March 31, 2016 and September 30, 2015:



	March 31, 2016			September 30, 2015
	Notional	Contract Value		Notional	Contract Value
Silver (troy oz.)	10	$	0.2	25	$	0.4

Fair Value of Outstanding Derivative Contracts in Condensed Consolidated Balance Sheets

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



Asset Derivatives	Classification	March 31, 2016		September 30, 2015
				(As Adjusted)
Derivatives designated as hedging instruments:
Foreign exchange contracts	Receivables, net	$	2.3	$	5.2
Commodity swaps	Receivables, net	0.2		—
Commodity swaps	Other assets	0.1		—
Foreign exchange contracts	Other assets	0.1		0.4
Total asset derivatives designated as hedging instruments		2.7		5.6
Derivatives not designated as hedging instruments:
Call options	Funds withheld receivables	7.6		5.4
Call options	Other assets	2.5		1.0
Commodity contracts	Receivables, net	1.4		7.9
Foreign exchange contracts	Receivables, net	1.0		0.4
Total asset derivatives		$	15.2	$	20.3



Liability Derivatives	Classification	March 31, 2016		September 30, 2015
				(As Adjusted)
Derivatives designated as hedging instruments:
Interest rate swaps	Accounts payable and other current liabilities	$	1.3	$	1.4
Interest rate swaps	Other liabilities	0.8		1.2
Commodity swaps	Accounts payable and other current liabilities	1.8		4.7
Commodity swaps	Other liabilities	0.2		0.8
Foreign exchange contracts	Accounts payable and other current liabilities	4.2		1.5
Foreign exchange contracts	Other liabilities	0.3		—
Total liability derivatives designated as hedging instruments		8.6		9.6
Derivatives not designated as hedging instruments:
Embedded derivatives in Front Street's assumed FIA business	Insurance reserves	136.5		142.3
Foreign exchange	Accounts payable and other current liabilities	0.8		0.1
Commodity contracts	Accounts payable and other current liabilities	—		0.1
Total liability derivatives		$	145.9	$	152.1

Summary of Gain (Loss) Recognized in Income on Derivatives



		Three months ended March 31,						Six months ended March 31,
Classification	Derivatives Not Designated as Hedging Instruments	2016			2015			2016		2015
Revenues:
Net investment gains	Call options	$	(1.4	)	$	(0.5	)	$	0.5	$	2.2
Other income and expense:
Benefits and other changes in policy reserves	Embedded derivatives in Front Street's assumed FIA business	$	3.4		$	1.1		$	5.8	$	(5.1	)
Other income, net	Oil and natural gas commodity contracts	0.8			5.3			2.5		24.0
	Foreign exchange contracts	2.9			(5.7		)	0.8		(7.4		)

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

The following table presents Compass’ volumes and fair value of the oil and natural gas Derivative Financial Instruments as of March 31, 2016 (presented on a calendar-year basis):



	Volume Mmbtus/Mbbls	Weighted average strike price per Mmbtu/Bbl		Fair Value at March 31, 2016
Natural gas two-way collars (April - December 2016)	2,750			$	0.3
Short call		$	2.77
Long put		2.15
Total natural gas	2,750			0.3

Oil three-way collars (April - December 2016)	138			1.1
Short call		$	76.00
Long put		56.00
Short Put		42.00
Total oil	138			1.1
Total oil and natural gas Derivative Financial Instruments				$	1.4

Impact of effective and ineffective portions of cash flow hedges and gain (loss) realized in statement of operations [Table Text Block]



		Three months ended March 31,
		2016						2015
	Classification	Gain (Loss) in AOCI			Gain (Loss) reclassified to Earnings			Gain (Loss) in AOCI			Gain (Loss) reclassified to Earnings
Interest rate swaps	Interest expense	$	(0.6	)	$	(0.5	)	$	(1.4	)	$	(0.5	)
Commodity swaps	Cost of consumer products and other goods sold	1.8			(1.6		)	(0.5		)	(0.1		)
Foreign exchange contracts	Net consumer and other product sales	—			—			(0.1		)	—
Foreign exchange contracts	Cost of consumer products and other goods sold	(6.6		)	2.8			11.3			7.6
		$	(5.4	)	$	0.7		$	9.3		$	7.0



		Six months ended March 31,
		2016						2015
	Classification	Gain (Loss) in AOCI			Gain (Loss) reclassified to Earnings			Gain (Loss) in AOCI			Gain (Loss) reclassified to Earnings
Interest rate swaps	Interest expense	$	(0.3	)	$	(1.0	)	$	(2.0	)	$	(0.9	)
Commodity swaps	Cost of consumer products and other goods sold	0.8			(3.0		)	(1.7		)	0.3
Foreign exchange contracts	Net consumer and other product sales	(0.1		)	—			—			—
Foreign exchange contracts	Cost of consumer products and other goods sold	(1.2		)	4.9			20.8			12.4
		$	(0.8	)	$	0.9		$	17.1		$	11.8

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41641-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41678-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41638-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5580258-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579245-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579240-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41620-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Schedule of Assets and Liabilities not Measured at Fair Value [Table Text Block]

Fair Value of Financial Instruments (Tables)

6 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]



	March 31, 2016
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets (a)
Other invested assets	$	—	$	—	$	2.5	$	2.5	$	2.5
Asset-based loans	—		—		136.8		136.8		136.8
Total financial assets	$	—	$	—	$	139.3	$	139.3	$	139.3

Liabilities (a)
Investment contracts, included in contractholder funds and other insurance reserves	$	—	$	—	$	895.9	$	895.9	$	1,034.3
Total debt (b)	—		6,391.0		80.7		6,471.7		6,232.0
Total financial liabilities	$	—	$	6,391.0	$	976.6	$	7,367.6	$	7,266.3



	September 30, 2015
	(As Adjusted)
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets (a)
Other invested assets	$	—	$	—	$	2.5	$	2.5	$	2.5
Asset-based loans	—		—		226.7		226.7		226.7
Total financial assets	$	—	$	—	$	229.2	$	229.2	$	229.2

Liabilities (a)
Investment contracts, included in contractholder funds and other insurance reserves	$	—	$	—	$	960.3	$	960.3	$	1,084.5
Total debt (b)	—		6,398.0		99.1		6,497.1		6,310.5
Total financial liabilities	$	—	$	6,398.0	$	1,059.4	$	7,457.4	$	7,395.0

(b) The fair values of debt set forth above are generally based on quoted or observed market prices.

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:



	March 31, 2016								September 30, 2015
									(As Adjusted)
	Level 1		Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3		Fair Value
Assets
Derivatives:
Call options	$	—	$	10.1	$	—	$	10.1	$	—	$	6.4	$	—	$	6.4
Foreign exchange contracts	—		3.4		—		3.4		—		6.0		—		6.0
Commodity contracts	—		1.7		—		1.7		—		7.9		—		7.9
Corporate fixed maturity securities AFS	—		—		—		—		—		—		14.1		14.1
Equity securities - trading	—		—		—		—		32.8		—		—		32.8
Other invested assets	—		—		—		—		—		—		2.8		2.8
Funds withheld receivables	73.9		1,531.6		73.9		1,679.4		45.8		1,579.9		84.4		1,710.1
Total financial assets	$	73.9	$	1,546.8	$	73.9	$	1,694.6	$	78.6	$	1,600.2	$	101.3	$	1,780.1
Liabilities
Front Street future policyholder benefit liability	$	—	$	—	$	654.0	$	654.0	$	—	$	—	$	629.2	$	629.2
Derivatives:
Embedded derivatives in Front Street's assumed FIA business	—		—		136.5		136.5		—		—		142.3		142.3
Commodity contracts	—		2.0		—		2.0		—		5.6		—		5.6
Interest rate contracts	—		2.1		—		2.1		—		2.6		—		2.6
Foreign exchange contracts	—		5.3		—		5.3		—		1.6		—		1.6
Total financial liabilities	$	—	$	9.4	$	790.5	$	799.9	$	—	$	9.8	$	771.5	$	781.3

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



	Fair Value at						Range (Weighted average)
Assets	March 31, 2016		September 30, 2015		Valuation Technique	Unobservable Input(s)	March 31, 2016	September 30, 2015
Corporate fixed maturity securities AFS	$	—	$	14.1	Broker-quoted	Offered quotes	—%	83%
Other invested assets	—		2.8		Discounted Cash Flow	Probability of collection	—%	50%
						Discount rate	—%	10%
Funds withheld receivables:
Fixed maturity and equity securities AFS	34.0		39.5		Matrix pricing	Quoted prices	100% - 122% (111%)	100% - 122% (112%)
Fixed maturity securities AFS	15.1		19.5		Discounted Cash Flow	Discount rate	6% - 13% (7%)	6% - 12% (8%)
Fixed maturity securities AFS	11.4		6.7		Broker-quoted	Offered quotes	94% - 107% (99%)	99% - 103% (101%)
Loan participations	4.7		9.7		Market pricing	Offered quotes	100%	100%
Policy loans	8.7		9.0		Loan value	Not applicable	100%	100%
Total	$	73.9	$	101.3
Liabilities
Front Street future policyholder benefit liability	$	654.0	$	629.2	Discounted cash flow	Non-performance risk spread	0.29% - 0.43%	0.16% - 0.46%
						Risk margin to reflect uncertainty	0.50% - 1.00%	0.50% - 1.00%
Embedded derivatives in Front Street's assumed FIA business	136.5		142.3		Discounted cash flow	Market value of option	0% - 24% (1%)	0% - 32% (1%)
						SWAP rates	1% - 2% (1%)	2%
						Mortality multiplier	80%	80%
						Surrender rates	0.50% - 75% (13%)	0.50% - 75% (13%)
						Non-performance risk spread	0.25%	0.25%
Total	$	790.5	$	771.5

Changes in Fair Value of Financial Instruments



	Three months ended March 31, 2016
	Balance at Beginning of Period		Total Gains (Losses)													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Assets
Funds withheld receivables	$	74.8	$	(0.3	)	$	—	$	3.0	$	(3.1	)	$	(0.5	)	$	—	$	73.9
Total assets at fair value	$	74.8	$	(0.3	)	$	—	$	3.0	$	(3.1	)	$	(0.5	)	$	—	$	73.9

	Balance at Beginning of Period		Total (Gains) Losses													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Liabilities
Front Street future policyholder benefit liability	$	629.0	$	23.9		$	—	$	—	$	—		$	1.1		$	—	$	654.0
Embedded derivatives in Front Street's assumed FIA business	139.9		(3.4		)	—		—		—			—			—		136.5
Total liabilities at fair value	$	768.9	$	20.5		$	—	$	—	$	—		$	1.1		$	—	$	790.5



	Six months ended March 31, 2016
	Balance at Beginning of Period		Total Gains (Losses)													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Assets
Corporate fixed maturity securities AFS	$	14.1	$	(0.5	)	$	—	$	—	$	(13.6	)	$	—		$	—	$	—
Other invested assets	2.8		2.7			—		—		—			(5.5		)	—		—
Funds withheld receivables	84.4		(1.7		)	—		8.1		(16.4		)	(0.5		)	—		73.9
Total assets at fair value	$	101.3	$	0.5		$	—	$	8.1	$	(30.0	)	$	(6.0	)	$	—	$	73.9

	Balance at Beginning of Period		Total (Gains) Losses													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Liabilities
Front Street future policyholder benefit liability	$	629.2	$	20.2		$	—	$	—	$	—		$	4.6		$	—	$	654.0
Embedded derivatives in Front Street's assumed FIA business	142.3		(5.8		)	—		—		—			—			—		136.5
Total liabilities at fair value	$	771.5	$	14.4		$	—	$	—	$	—		$	4.6		$	—	$	790.5



	Three months ended March 31, 2015
	Balance at Beginning of Period		Total Gains (Losses)													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	41.5	$	5.5		$	—	$	—	$	—		$	—		$	—	$	47.0
Corporate fixed maturity securities AFS	15.8		—			—		—		—			—			—		15.8
Funds withheld receivables	65.2		0.2			—		12.0		(2.4		)	—			—		75.0
Total assets at fair value	$	122.5	$	5.7		$	—	$	12.0	$	(2.4	)	$	—		$	—	$	137.8

	Balance at Beginning of Period		Total (Gains) Losses													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Liabilities
Front Street future policyholder benefit liability	$	496.4	$	22.4		$	—	$	73.6	$	—		$	(7.9	)	$	—	$	584.5
Embedded derivatives in Front Street's assumed FIA business	157.0		(1.1		)	—		—		—			—			—		155.9
Total liabilities at fair value	$	653.4	$	21.3		$	—	$	73.6	$	—		$	(7.9	)	$	—	$	740.4



	Six months ended March 31, 2015
	Balance at Beginning of Period		Total Gains (Losses)													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings		Included in AOCI			Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Assets
Contingent purchase price reduction receivable	$	41.5	$	5.5	$	—		$	—	$	—		$	—		$	—	$	47.0
Corporate fixed maturity securities AFS	16.3		—		(0.5		)	—		—			—			—		15.8
Funds withheld receivables	59.4		0.1		—			22.0		(6.5		)	—			—		75.0
Total assets at fair value	$	117.2	$	5.6	$	(0.5	)	$	22.0	$	(6.5	)	$	—		$	—	$	137.8

	Balance at Beginning of Period		Total (Gains) Losses													Net transfer In (Out) of Level 3		Balance at End of Period
	Balance at Beginning of Period		Included in Earnings		Included in AOCI			Purchases		Sales			Settlements			Net transfer In (Out) of Level 3		Balance at End of Period
Liabilities
Front Street future policyholder benefit liability	$	151.3	$	22.6	$	—		$	420.5	$	—		$	(9.9	)	$	—	$	584.5
Embedded derivatives in Front Street's assumed FIA business	150.8		5.1		—			—		—			—			—		155.9
Total liabilities at fair value	$	302.1	$	27.7	$	—		$	420.5	$	—		$	(9.9	)	$	—	$	740.4

Goodwill and Intangibles (Tables) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Mar. 31, 2016

Mar. 31, 2015

Mar. 31, 2016

Mar. 31, 2015

Finite-Lived Intangible Assets [Line Items]

Schedule of Indefinite-Lived Intangible Assets [Table Text Block]



	Amortizable Life
	Minimum	Maximum

Customer relationships	2	20
Technology Assets	4	18
Trade names	8	17

Amortization of intangibles

$ 23.4

$ 21.2

$ 47.0

$ 41.7

Summary of Definite Lived Intangible Assets



	March 31, 2016							September 30, 2015
	Cost		Accumulated Amortization			Net		Cost		Accumulated Amortization			Net
Customer relationships	$	987.8	$	(276.0	)	$	711.8	$	985.2	$	(247.4	)	$	737.8
Technology assets	234.3		(85.4		)	148.9		238.6		(78.1		)	160.5
Trade names	165.4		(81.4		)	84.0		165.4		(73.7		)	91.7
	$	1,387.5	$	(442.8	)	$	944.7	$	1,389.2	$	(399.2	)	$	990.0

A summary of the changes in the carrying amounts of goodwill and intangible assets are as follows:



			Intangible Assets
	Goodwill		Indefinite Lived			Definite Lived			Total
Balance at September 30, 2015 (As Adjusted)	$	2,487.4	$	1,490.3		$	990.0		$	2,480.3
Adjustments	2.6		—			—			—
Less: Periodic amortization	—		—			(47.0		)	(47.0		)
Effect of translation	4.1		(2.6		)	1.7			(0.9		)
Balance at March 31, 2016	$	2,494.1	$	1,487.7		$	944.7		$	2,432.4

Summary of Amortization Expense of Definite Lived Intangible Assets



Fiscal Year	Estimated Amortization Expense
2016	$	93.9
2017	93.0
2018	86.2
2019	85.1
2020	84.9

Debt (Tables)

6 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

Summary of Debt

The Company’s consolidated debt consists of the following:



	March 31, 2016					September 30, 2015
	Amount			Rate		Amount			Rate		Interest rate
						(As Adjusted)
HRG
7.875% Senior Secured Notes, due July 15, 2019	$	864.4		7.9	%	$	864.4		7.9	%	Fixed rate
7.75% Senior Unsecured Notes, due January 15, 2022	890.0			7.8	%	890.0			7.8	%	Fixed rate
Spectrum Brands
Term Loan, due June 23, 2022	1,220.8			3.5	%	1,226.9			3.9	%	Variable rate, see below
CAD Term Loan, due June 23, 2022	57.2			4.5	%	55.7			4.4	%	Variable rate, see below
Euro Term Loan, due June 23, 2022	257.5			3.5	%	255.8			3.5	%	Variable rate, see below
6.375% Senior Notes, due November 15, 2020	520.0			6.4	%	520.0			6.4	%	Fixed rate
6.625% Senior Notes, due November 15, 2022	570.0			6.6	%	570.0			6.6	%	Fixed rate
6.125% Notes, due December 15, 2024	250.0			6.1	%	250.0			6.1	%	Fixed rate
5.75% Notes, due July 15, 2025	1,000.0			5.8	%	1,000.0			5.8	%	Fixed rate
Revolver Facility, expiring June 23, 2020	175.0			3.2	%	—			—	%	Variable rate, see below
Other notes and obligations	10.4			12.4	%	11.2			10.2	%	Various
Obligations under capitalized leases	111.8			5.5	%	88.2			5.7	%	Various
Compass
Compass Credit Agreement, due February 14, 2018	160.0			3.7	%	327.0			3.0	%	Variable rate, see below
HGI Energy
9.0% HGI Energy Note to FGL*, due February 14, 2021	50.0			9.0	%	50.0			9.0	%	Fixed rate
Salus
Unaffiliated long-term debt of consolidated variable-interest entity	40.4			—	%	40.4			—	%	Variable rate, see below
Long-term debt of consolidated variable-interest entity with FGL*	165.0			5.5	%	274.0			3.9	%	Variable rate, see below
Unaffiliated secured borrowings under non-qualifying loan participations	8.8			10.5	%	8.8			10.5	%	Fixed rate
Secured borrowings under non-qualifying loan participations with FGL*	—			—	%	4.2			4.5	%	Variable rate, see below
Promissory note to FGL*	2.5			5.3	%	2.5			5.3	%	Fixed rate
Total	6,353.8					6,439.1
Original issuance discounts on debt, net of premiums	(25.0		)			(25.7		)
Less unamortized debt issue costs	(96.8		)			(102.9		)
Total debt	6,232.0					6,310.5
Less current maturities and short-term debt	46.0					45.1
Non-current portion of debt	$	6,186.0				$	6,265.4

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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Compensation (Tables)

6 Months Ended

Mar. 31, 2016

Fair Value, Measurement Inputs, Disclosure [Text Block]

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 March 31, 2016 and related activity during the six months then ended, under HRG‘s incentive plan are as follows (share amounts in thousands):



	HRG
Warrants	Units	Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Warrants outstanding at September 30, 2015	1,800	$	13.13	$	3.22
Warrants outstanding at March 31, 2016	1,800	13.13		3.22
Warrants vested and exercisable at March 31, 2016	600	13.13		3.22
Warrants outstanding and expected to vest	1,200	13.13		3.22

Summary of Stock Options Outstanding and Related Activity

A summary of stock options outstanding as of March 31, 2016 and related activity during the six months then ended are as follows (option amounts in thousands):



	HRG
Stock Option Awards	Options		Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Stock options outstanding at September 30, 2015	4,770		$	9.25	$	3.70
Granted	28		13.93		5.07
Exercised	(401	)	8.07		3.12
Stock options outstanding at March 31, 2016	4,397		9.39		3.77
Stock options vested and exercisable at March 31, 2016	3,347		8.40		3.37
Stock options outstanding and expected to vest	4,397		9.39		3.77

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



	HRG
Restricted Stock Awards	Shares		Weighted Average Grant Date Fair Value
Nonvested restricted stock outstanding at September 30, 2015	4,283		$	11.74
Granted	99		13.93
Exercised/Released	(2,305	)	10.93
Nonvested restricted stock outstanding at March 31, 2016	2,077		12.74



	HRG			Spectrum Brands
Restricted Stock Units	Units	Weighted Average Grant Date Fair Value		Units		Weighted Average Grant Date Fair Value
Restricted stock units outstanding at September 30, 2015	42	$	12.33	608		$	87.50
Granted	6	13.93		572		94.73
Vested/Exercised	—	—		(528	)	86.54
Forfeited or Expired	—	—		(64	)	91.67
Restricted stock units outstanding at March 31, 2016	48	12.52		588		94.95

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:



	Six months ended March 31,
	2016	2015
Risk-free interest rate	1.65% to 1.74%	1.58% to 1.87%
Assumed dividend yield	—%	—%
Expected option term	5.0 to 5.5 years	5.0 to 6.5 years
Volatility	37.4% to 37.9%	38.0% to 39.0%

Related Party Transactions Schedule of related party investments (Tables)	6 Months Ended
	Mar. 31, 2016
Related Party Transaction [Line Items]
Related Party Transactions	Related Party Transactions In connection with a March 2014 transaction by and among funds affiliated with HCP and Leucadia, HCP sold to Leucadia 23.0 million shares of HRG common stock and transferred a portion of its rights under an existing registration rights agreement. On October 7, 2015, FGL entered into an engagement letter (the “Engagement Letter”) with Jefferies LLC (“Jefferies”) pursuant to which Jefferies agreed (on a non-exclusive basis) to provide financial advisory services to FGL in connection with a transaction involving a merger or other similar transaction with respect to at least a majority of the capital stock of FGL. Jefferies is a wholly owned subsidiary of Leucadia, which through subsidiaries beneficially owns more than 10% of HRG’s outstanding shares of common stock. HRG is also a party to the Engagement Letter. Under the Engagement Letter, Jefferies is entitled to receive a fee which represents a percentage of the value of the transaction, plus reimbursement for all reasonable out-of-pocket expenses incurred by Jefferies in connection with their engagement. FGL has also agreed to indemnify Jefferies for certain liabilities in connection with their engagement. HRG is required to reimburse FGL for compensation paid by FGL to Jefferies under certain circumstances. Specifically, if compensation to Jefferies becomes payable in respect of a transaction that involves a disposition of shares of FGL held by HRG (and not other stockholders of FGL), HRG will reimburse FGL for the full amount of such compensation. If compensation to Jefferies becomes payable in respect of a transaction that involves a disposition of shares of FGL held by HRG and a disposition of not more than 50% of the shares of FGL held by stockholders of FGL other than HRG, HRG will reimburse FGL for its pro rata portion of such compensation (based on its relative number of shares compared to those held by stockholders of FGL other than HRG). On October 9, 2015, HGI Funding entered into a stock purchase agreement, by and among HGI Funding, HC2 Holdings, Inc. (“HC2”) and the purchasers party thereto, whereby HGI Funding sold its remaining equity interest in HC2 at a price of $7.50 per share for an aggregate purchase price of $35.1. Jefferies agreed to purchase 1.2 million shares in the transaction at a purchase price of $7.50 per share. In addition, Mr. Falcone purchased 540.0 thousand shares in the transaction through an HCP fund, at a purchase price of $7.50 per share. On October 23, 2015, Front Street Cayman sold bonds issued by Phoenix Life Insurance Company and received approximately $14.0 in aggregate proceeds from the sale. Jefferies acted as the principal in the transaction. FGL has 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 March 31, 2016. The collateral managers of both FCO III and Fortress BSL are affiliates of funds managed by affiliates of Fortress. Such CLOs had an aggregate total carrying value of $183.1 and $182.6 as of March 31, 2016 and September 30, 2015, respectively. The Company’s net investment income from such securities was $2.0 and $4.0 for the three and six months ended March 31, 2016, respectively, and $1.9 and $3.9 for the three and six months ended March 31, 2015, respectively.

Schedule of Balance Sheet Information

Segment Data (Tables)

6 Months Ended

Mar. 31, 2016

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 six months ended March 31, 2016 and 2015:



	Three months ended March 31,						Six months ended March 31,
	2016			2015			2016			2015
Revenues:
Consumer Products	$	1,209.6		$	1,067.0		$	2,428.4		$	2,134.8
Insurance	39.6			(38.9		)	29.6			(4.4		)
Energy	9.5			26.0			26.3			60.3
Asset Management	1.6			5.1			7.6			13.1
Intersegment elimination	9.2			65.1			11.1			43.2
Consolidated segment revenues	1,269.5			1,124.3			2,503.0			2,247.0
Corporate and Other	—			19.5			—			40.5
Total revenues	$	1,269.5		$	1,143.8		$	2,503.0		$	2,287.5

Operating income (loss):
Consumer Products	$	148.5		$	88.4		$	291.0		$	204.0
Insurance	(1.8		)	(56.3		)	(1.8		)	(50.7		)
Energy	(26.7		)	(161.3		)	(91.2		)	(356.3		)
Asset Management	(9.2		)	(67.3		)	(18.3		)	(68.5		)
Intersegment elimination	13.2			43.9			(5.8		)	27.7
Total segment operating income (loss)	124.0			(152.6		)	173.9			(243.8		)
Corporate and Other and eliminations	(8.2		)	(24.5		)	(22.8		)	(148.3		)
Consolidated operating income (loss)	115.8			(177.1		)	151.1			(392.1		)
Interest expense	(95.8		)	(81.1		)	(193.3		)	(157.5		)
Gain on sale of oil and gas properties	—			—			105.6			—
Gain upon gaining control of equity method investment	—			—			—			141.2
Other income, net	0.5			14.1			1.6			46.9
Income (loss) from continuing operations before income taxes	20.5			(244.1		)	65.0			(361.5		)
Income tax expense (benefit)	8.9			(0.8		)	10.8			5.2
Net income (loss) from continuing operations	11.6			(243.3		)	54.2			(366.7		)
(Loss) income from discontinued operations, net of tax	(13.1		)	5.8			(48.7		)	22.8
Net (loss) income	(1.5		)	(237.5		)	5.5			(343.9		)
Less: Net income (loss) attributable to noncontrolling interest	33.3			(9.2		)	74.2			(5.8		)
Net loss attributable to controlling interest	$	(34.8	)	$	(228.3	)	$	(68.7	)	$	(338.1	)



	Six months ended March 31,
Net change in cash due to continuing operating activities	2016			2015
Consumer Products	$	(144.5	)	$	(180.3	)
Insurance	(9.1		)	(5.4		)
Energy	(11.5		)	7.4
Asset Management	(10.3		)	(12.9		)
Intersegment elimination	82.5			29.9
Net change in cash due to segment operating activities	(92.9		)	(161.3		)
Net change in cash due to corporate and other operating activities	(92.1		)	(140.2		)
Consolidated change in cash due to continuing operating activities	$	(185.0	)	$	(301.5	)

Consolidating Financial Information (Tables)

6 Months Ended

Mar. 31, 2016

Text Block [Abstract]

HRG Group, Inc. - Condensed Consolidating Balance Sheets Information



March 31, 2016	Consumer Products		Insurance		Energy		Asset Management		Corporate and Other		Discontinued Operations		Eliminations and adjustments			Total
Assets:
Investments	$	—	$	6.1	$	—	$	134.8	$	—	$	—	$	(1.6	)	$	139.3
Investments in subsidiaries and affiliates	—		12.0		—		—		2,067.5		—		(2,079.5		)	—
Affiliated loans and receivables	—		23.2		—		1.0		0.3		—		(24.5		)	—
Cash and cash equivalents	133.3		33.0		8.3		51.6		239.4		—		—			465.6
Funds withheld receivables	—		1,709.1		—		—		—		—		(29.7		)	1,679.4
Receivables, net	635.9		18.7		6.6		0.8		0.3		—		—			662.3
Inventories, net	924.4		—		—		—		—		—		—			924.4
Deferred tax assets	9.3		23.4		—		0.1		249.1		—		17.9			299.8
Properties, including oil and natural gas properties, net	528.9		—		133.7		0.9		1.2		—		—			664.7
Goodwill	2,483.4		—		—		10.7		—		—		—			2,494.1
Intangibles	2,432.4		—		—		—		—		—		—			2,432.4
Other assets	115.4		12.8		1.4		1.1		1.7		—		16.7			149.1
Assets of business held for sale	—		—		—		—		—		25,544.0		—			25,544.0
Total assets	$	7,263.0	$	1,838.3	$	150.0	$	201.0	$	2,559.5	$	25,544.0	$	(2,100.7	)	$	35,455.1



Liabilities and Equity:
Insurance reserves	$	—	$	1,686.5	$	—		$	—		$	—	$	—	$	138.3		$	1,824.8
Debt	4,103.8		—		159.1			43.5			1,708.0		—		217.6			6,232.0
Accounts payable and other current liabilities	786.2		6.6		11.3			3.7			37.7		—		2.0			847.5
Employee benefit obligations	82.8		—		—			—			4.8		—		—			87.6
Deferred tax liabilities	563.8		—		—			—			340.6		—		(8.8		)	895.6
Other liabilities	22.9		5.5		21.9			8.7			3.3		—		9.3			71.6
Affiliated debt and payables	—		0.2		102.2			202.8			—		—		(305.2		)	—
Liabilities of business held for sale	—		—		—			—			—		23,988.1		—			23,988.1
Total liabilities	5,559.5		1,698.8		294.5			258.7			2,094.4		23,988.1		53.2			33,947.2
Total stockholders’ equity	959.2		139.5		(144.3		)	(60.1		)	465.1		1,259.6		(2,153.9		)	465.1
Noncontrolling interests	744.3		—		(0.2		)	2.4			—		296.3		—			1,042.8
Total permanent equity	1,703.5		139.5		(144.5		)	(57.7		)	465.1		1,555.9		(2,153.9		)	1,507.9
Total liabilities and equity	$	7,263.0	$	1,838.3	$	150.0		$	201.0		$	2,559.5	$	25,544.0	$	(2,100.7	)	$	35,455.1



September 30, 2015 (As Adjusted)	Consumer Products		Insurance		Energy			Asset Management			Corporate and Other		Discontinued Operations		Eliminations and adjustments			Total
Assets:
Investments	$	—	$	23.7	$	—		$	223.9		$	32.8	$	—	$	(1.5	)	$	278.9
Investment in subsidiaries and affiliates	—		10.6		—			—			2,014.7		—		(2,025.3		)	—
Affiliated loans and receivables	—		31.1		—			1.1			0.1		—		(32.3		)	—
Cash and cash equivalents	247.9		18.0		34.2			94.7			300.4		—		—			695.2
Funds withheld receivables	—		1,743.8		—			—			—		—		(33.7		)	1,710.1
Receivables, net	586.6		25.6		19.1			0.7			0.8		—		0.1			632.9
Inventories, net	780.8		—		—			—			—		—		—			780.8
Deferred tax assets	9.3		23.6		—			0.2			3.9		—		14.2			51.2
Properties, including oil and natural gas properties, net	507.1		—		288.9			1.1			1.3		—		—			798.4
Goodwill	2,476.7		—		—			10.7			—		—		—			2,487.4
Intangibles	2,480.3		—		—			—			—		—		—			2,480.3
Other assets	105.1		7.4		1.1			2.1			1.5		—		17.1			134.3
Assets of business held for sale	—		—		—			—			—		24,984.5		—			24,984.5
Total assets	$	7,193.8	$	1,883.8	$	343.3		$	334.5		$	2,355.5	$	24,984.5	$	(2,061.4	)	$	35,034.0

Liabilities and Equity:
Insurance reserves	$	—	$	1,731.9	$	—		$	—		$	—	$	—	$	124.1		$	1,856.0
Debt	3,905.9		—		325.9			42.9			1,705.1		—		330.7			6,310.5
Accounts payable and other current liabilities	993.0		5.4		33.6			7.7			53.7		—		2.2			1,095.6
Employee benefit obligations	88.1		—		—			—			4.8		—		—			92.9
Deferred tax liabilities	572.6		—		—			—			1.9		—		—			574.5
Other liabilities	27.3		7.1		39.1			10.3			3.3		—		8.4			95.5
Affiliated debt and payables	—		—		102.2			313.1			—		—		(415.3		)	—
Liabilities of business held for sale	—		—		—			—			—		23,420.9		—			23,420.9
Total liabilities	5,586.9		1,744.4		500.8			374.0			1,768.8		23,420.9		50.1			33,445.9
Total stockholders’ equity	900.4		139.4		(157.2		)	(41.8		)	586.7		1,270.7		(2,111.5		)	586.7
Noncontrolling interests	706.5		—		(0.3		)	2.3			—		292.9		—			1,001.4
Total permanent equity	1,606.9		139.4		(157.5		)	(39.5		)	586.7		1,563.6		(2,111.5		)	1,588.1
Total liabilities and equity	$	7,193.8	$	1,883.8	$	343.3		$	334.5		$	2,355.5	$	24,984.5	$	(2,061.4	)	$	35,034.0

Schedule of Income Statement Information

HRG Group, Inc. - Condensed Consolidating Statements of Operations Information



Six months ended March 31, 2016	Consumer Products			Insurance			Energy			Asset Management			Corporate and Other			Discontinued Operations			Eliminations and adjustments			Total
Revenues:
Net consumer and other product sales	$	2,428.4		$	—		$	—		$	—		$	—		$	—		$	—		$	2,428.4
Oil and natural gas	—			—			26.3			—			—			—			—			26.3
Net investment income	—			1.5			—			6.7			—			—			28.8			37.0
Net investment gains	—			28.1			—			—			—			—			(20.9		)	7.2
Insurance and investment product fees and other	—			—			—			0.9			—			—			3.2			4.1
Total revenues	2,428.4			29.6			26.3			7.6			—			—			11.1			2,503.0
Operating costs and expenses:
Cost of consumer products and other goods sold	1,524.9			—			—			—			—			—			—			1,524.9
Oil and natural gas direct operating costs	—			—			26.3			—			—			—			—			26.3
Benefits and other changes in policy reserves	—			28.2			—			—			—			—			15.6			43.8
Selling, acquisition, operating and general expenses	565.5			3.2			15.6			10.8			22.8			—			1.2			619.1
Impairments and bad debt expense	—			—			75.6			15.1			—			—			0.1			90.8
Amortization of intangibles	47.0			—			—			—			—			—			—			47.0
Total operating costs and expenses	2,137.4			31.4			117.5			25.9			22.8			—			16.9			2,351.9
Operating income (loss)	291.0			(1.8		)	(91.2		)	(18.3		)	(22.8		)	—			(5.8		)	151.1
Equity in net income of subsidiaries	—			—			—			—			23.7			—			(23.7		)	—
Interest expense	(115.9		)	—			(3.7		)	—			(71.4		)	—			(2.3		)	(193.3		)
Affiliated interest expense	—			—			(4.5		)	(3.4		)	0.3			—			7.6			—
Gain on sale of oil and gas properties	—			—			105.6			—			—			—			—			105.6
Other income, net	(4.3		)	—			2.3			0.9			3.0			—			(0.3		)	1.6
Income (loss) from continuing operations before income taxes	170.8			(1.8		)	8.5			(20.8		)	(67.2		)	—			(24.5		)	65.0
Income tax expense (benefit)	21.8			(1.8		)	—			—			1.5			—			(10.7		)	10.8
Net income (loss) from continuing operations	149.0			—			8.5			(20.8		)	(68.7		)	—			(13.8		)	54.2
(Loss) income from discontinued operations, net of tax	—			—			—			—			—			(48.7		)	—			(48.7		)
Net (loss) income	149.0			—			8.5			(20.8		)	(68.7		)	(48.7		)	(13.8		)	5.5
Less: Net income (loss) attributable to noncontrolling interest	63.0			—			—			—			—			11.2			—			74.2
Net loss attributable to controlling interest	$	86.0		$	—		$	8.5		$	(20.8	)	$	(68.7	)	$	(59.9	)	$	(13.8	)	$	(68.7	)



Six months ended March 31, 2015	Consumer Products			Insurance			Energy			Asset Management			Corporate and Other			Discontinued Operations		Eliminations and adjustments			Total
Revenues:
Net consumer and other product sales	$	2,134.8		$	—		$	—		$	—		$	40.5		$	—	$	—		$	2,175.3
Oil and natural gas	—			—			60.3			—			—			—		—			60.3
Net investment income	—			5.9			—			13.1			—			—		24.9			43.9
Net investment gains	—			(10.3		)	—			—			—			—		15.1			4.8
Insurance and investment product fees and other	—			—			—			—			—			—		3.2			3.2
Total revenues	2,134.8			(4.4		)	60.3			13.1			40.5			—		43.2			2,287.5
Operating costs and expenses:
Cost of consumer products and other goods sold	1,389.9			—			—			—			29.1			—		—			1,419.0
Oil and natural gas operating costs	—			—			43.8			—			—			—		—			43.8
Benefits and other changes in policy reserves	—			41.8			—			—			—			—		8.5			50.3
Selling, acquisition, operating and general expenses	499.2			4.5			36.2			19.0			99.5			—		2.0			660.4
Impairments and bad debt expense	—			—			336.6			62.6			60.2			—		5.0			464.4
Amortization of intangibles	41.7			—			—			—			—			—		—			41.7
Total operating costs and expenses	1,930.8			46.3			416.6			81.6			188.8			—		15.5			2,679.6
Operating income (loss)	204.0			(50.7		)	(356.3		)	(68.5		)	(148.3		)	—		27.7			(392.1		)
Equity in net loss of subsidiaries	—			—			—			—			(201.7		)	—		201.7			—
Interest expense	(93.6		)	—			(4.4		)	—			(56.3		)	—		(3.2		)	(157.5		)
Affiliated interest expense	—			—			(4.5		)	(14.0		)	(2.6		)	—		21.1			—
Gain upon gaining control of equity method investment	—			—			141.2			—			—			—		—			141.2
Other income, net	(3.9		)	—			24.0			(1.5		)	36.5			—		(8.2		)	46.9
Income (loss) from continuing operations before income taxes	106.5			(50.7		)	(200.0		)	(84.0		)	(372.4		)	—		239.1			(361.5		)
Income tax expense (benefit)	28.6			(17.7		)	—			—			(13.3		)	—		7.6			5.2
Net income (loss) from continuing operations	77.9			(33.0		)	(200.0		)	(84.0		)	(359.1		)	—		231.5			(366.7		)
(Loss) income from discontinued operations, net of tax	—			—			—			—			—			22.8		—			22.8
Net (loss) income	77.9			(33.0		)	(200.0		)	(84.0		)	(359.1		)	22.8		231.5			(343.9		)
Less: Net income (loss) attributable to noncontrolling interest	32.4			—			(0.5		)	(17.2		)	(21.0		)	0.5		—			(5.8		)
Net loss attributable to controlling interest	$	45.5		$	(33.0	)	$	(199.5	)	$	(66.8	)	$	(338.1	)	$	22.3	$	231.5		$	(338.1	)

Description of Business, Basis of Presentation and Recent Accounting Pronouncements - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		6 Months Ended
	Dec. 01, 2015	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Nov. 08, 2015	Sep. 30, 2015
Business Acquisition [Line Items]
Gain (Loss) on Disposition of Oil and Gas Property		$ 0.0	$ 0.0	$ 105.6	$ 0.0
Long-term debt		6,353.8		6,353.8			$ 6,439.1
Goodwill		2,494.1		2,494.1			2,487.4
Compass Production Partners [Member]
Business Acquisition [Line Items]
Proceeds from Sale of Oil and Gas Property and Equipment	$ 147.5			4.5
Transaction costs, Sale of Oil and Gas Properties	$ 1.9
Gain (Loss) on Disposition of Oil and Gas Property				105.6
Compass Production Partners [Member] \| Compass Credit Agreement [Member]
Business Acquisition [Line Items]
Borrowing Capacity							$ 327.0
Line of Credit Facility, Fair Value of Amount Outstanding		$ 160.0		160.0
Compass Production Partners [Member] \| Revolving Credit Facility [Member]
Business Acquisition [Line Items]
Repayments of Debt				$ 167.0
Spectrum Brands [Member]
Business Acquisition [Line Items]
Percentage Of Ownership Interest		57.80%		57.80%
FGL [Member]
Business Acquisition [Line Items]
Percentage Of Ownership Interest		80.40%		80.40%
FGL [Member] \| Anbang Insurance Group Co., Ltd. [Member]
Business Acquisition [Line Items]
Business Acquisition, Share Price						$ 26.80

Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements (Details)	6 Months Ended
	Mar. 31, 2016 $ / MMBTU $ / bbl
Spectrum Brands [Member]
Reserve Quantities [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	42.20%
FGL [Member]
Reserve Quantities [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	19.60%
Natural Gas [Member]
Reserve Quantities [Line Items]
Average Sales Prices \| $ / MMBTU	2.40
Oil [Member]
Reserve Quantities [Line Items]
Average Sales Prices	46.26
Natural Gas Liquids [Member]
Reserve Quantities [Line Items]
Average Sales Prices	16.79

Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements Basis of Presentation - Additional Information (Details) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016 USD ($)	Mar. 31, 2015 USD ($)	Mar. 31, 2016 USD ($) $ / MMBTU	Mar. 31, 2015 USD ($)	Sep. 30, 2015 USD ($)
Basis of Presentation [Line Items]
Document Period End Date			Mar. 31, 2016
Deferred Finance Costs, Net	$ 96.8		$ 96.8		$ 102.9
Asset Impairment Charges	27.6	$ 214.6	90.8	$ 464.4
Impairment of Proved Oil and Gas Properties			75.6	336.6
Energy Segment [Member]
Basis of Presentation [Line Items]
Asset Impairment Charges	$ 21.2	$ 146.6	$ 75.6	$ 336.6
FGL [Member]
Basis of Presentation [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	19.60%		19.60%
Statutory Accounting Practices, Statutory Capital and Surplus, Increase (Decrease) as a Result of ReDomestication by Entity	$ 41.6		$ 41.6
Raven Re [Member]
Basis of Presentation [Line Items]
Statutory Accounting Practices, Statutory Capital and Surplus, Balance	213.8		213.8		226.3
Statutory Accounting Practices, Permitted Practice, Change in Statutory Capital and Surplus	2.8		2.8		2.5
Statutory Accounting Practices, Non-Permitted Practice, Change in Statutory Capital and Surplus	7.2		7.2		33.1
Statutory Accounting Practices, Statutory Capital and Surplus, Change in Permitted Practice to Non-Permitted, Balance	209.4		$ 209.4		$ 195.6
Natural Gas [Member]
Basis of Presentation [Line Items]
Average Sales Prices \| $ / MMBTU			2.40
Accounting Standards Update 2015-17 [Member]
Basis of Presentation [Line Items]
Deferred Tax Assets, Net	$ 39.1		$ 39.1
Goodwill [Member]
Basis of Presentation [Line Items]
Goodwill, Purchase Accounting Adjustments			$ 2.6

Risks and Uncertainties Risks and Uncertainties - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2016	Sep. 30, 2015
Concentration Risk [Line Items]
Industry Holdings, Number of Top Investments	10
Asset Backed Loans And Other Invested Assets Gross	$ 184.6	$ 274.6
Equity Securities Holdings Exposure Amount of Single Issuer Greater than Stated Percentage of Total Investments	10.00%
Allowance for Doubtful Accounts Receivable, Current	$ 47.6	$ 44.0
Credit Concentration Risk [Member]
Concentration Risk [Line Items]
Percentage Of Accounts Receivable Major Customers	13.00015%	12.67183%
Fair Value, Concentration of Risk, All Financial Instruments [Member]
Concentration Risk [Line Items]
Percentage Of Investments Fair Value In Relation To Invested Assets Portfolio	32.60%	16.50%
Fair Value, Concentration of Risk, All Financial Instruments [Member] \| Financial Services Sector [Member]
Concentration Risk [Line Items]
Number Of Investment Holdings In Industry	105	107
Equity Securities Holdings Exposure Amount of Single Issuer Greater than Stated Percentage of Total Investments	0.00%	0.00%
Fair Value, Concentration of Risk, All Financial Instruments [Member] \| Energy, Mining and Metals Sector [Member]
Concentration Risk [Line Items]
Number Of Investment Holdings In Industry	93	98
Equity Securities Holdings Exposure Amount of Single Issuer Greater than Stated Percentage of Total Investments	0.00%	0.00%
Fair Value, Concentration of Risk, All Financial Instruments [Member] \| Funds Withheld Receivables [Member] \| Financial Services Sector [Member]
Concentration Risk [Line Items]
Percentage Of Investments Fair Value In Relation To Invested Assets Portfolio	15.40%	15.80%
Fair Value, Concentration of Risk, All Financial Instruments [Member] \| Funds Withheld Receivables [Member] \| Energy, Mining and Metals Sector [Member]
Concentration Risk [Line Items]
Percentage Of Investments Fair Value In Relation To Invested Assets Portfolio	11.60%	13.80%
Fair Value, Concentration of Risk, All Financial Instruments [Member] \| Funds Withheld Receivables [Member] \| Asset-backed Securities [Member] \| Financial Services Sector [Member]
Concentration Risk [Line Items]
Investment Securities Held by Subsidiaries Subject to Specialized Industry Accounting Principles at Fair Value	$ 258.1	$ 269.7
Fair Value, Concentration of Risk, All Financial Instruments [Member] \| Funds Withheld Receivables [Member] \| Asset-backed Securities [Member] \| Energy, Mining and Metals Sector [Member]
Concentration Risk [Line Items]
Investment Securities Held by Subsidiaries Subject to Specialized Industry Accounting Principles at Fair Value	$ 194.9	$ 236.6

Divestitures Divestitures - Schedule of assets and liabilities held for sale (Details) - FGL [Member] - USD ($) $ in Millions	Mar. 31, 2016	Sep. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Investment	$ 19,697.1	$ 19,206.7
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents	496.4	501.8
Disposal Group, Including Discontinued Operation, Accrued Investment Income	208.5	191.2
Disposal Group, Including Discontinued Operation, Reinsurance Recoverable	3,511.7	3,578.7
Disposal Group, Including Discontinued Operation, Deferred Tax Assets	191.0	194.7
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment	15.9	14.4
Disposal Group, Including Discontinued Operation, Intangible Assets	1,234.3	1,048.6
Disposal Group, Including Discontinued Operation, Other Assets	212.6	248.4
Disposal Group, Including Discontinued Operation, Write-down of assets held for sale to fair value less costs to sell	(23.5)	0.0
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Disposal Group, Including Discontinued Operation, Assets	25,544.0	24,984.5
Disposal Group, Including Discontinued Operation, Insurance Reserves	23,018.8	22,560.1
Disposal Group, Including Discontinued Operation, Debt	300.0	298.3
Disposal Group, Including Discontinued Operation, Accounts Payable and Accrued Liabilities	46.4	43.7
Disposal Group, Including Discontinued Operation, Other Liabilities	622.9	518.8
Disposal Group, Including Discontinued Operation, Liabilities	$ 23,988.1	$ 23,420.9

Divestitures Divestitures - Schedule of components of net income (loss) from discontinued operations (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Mar. 31, 2016

Mar. 31, 2015

Mar. 31, 2016

Mar. 31, 2015

Sep. 30, 2015

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

$ 1,679.4

$ 1,710.1

Disposal Group, Including Discontinued Operation, Assets, Current

149.1

134.3

25,544.0

24,984.5

Assets

35,455.1

35,034.0

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

(13.1)

$ 5.8

(48.7)

$ 22.8

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

(48.7)

22.8

1,824.8

1,856.0

6,232.0

6,310.5

^[1],[2]

847.5

1,095.6

Disposal Group, Including Discontinued Operation, Liabilities, Current

71.6

95.5

23,988.1

23,420.9

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

33,947.2

33,445.9

FGL [Member]

Disposal Group, Including Discontinued Operation, Revenue

232.9

210.5

565.5

508.8

Disposal Group, Including Discontinued Operation, Benefits and other changes in policy reserves

188.1

171.9

369.0

395.6

Disposal Group, Including Discontinued Operation, General and Administrative Expense

27.1

28.3

55.3

57.5

Disposal Group, Including Discontinued Operation, Impairments

1.3

(0.4)

1.3

0.1

Disposal Group, Including Discontinued Operation, Depreciation and Amortization

(0.4)

(3.0)

(33.9)

(8.3)

Disposal Group, Including Discontinued Operation, Operating Expense

216.9

196.8

459.5

461.5

Disposal Group, Including Discontinued Operation, Operating Income (Loss)

16.0

13.7

106.0

47.3

Disposal Group, Including Discontinued Operation, Interest Expense

(5.9)

(11.8)

Disposal Group, Including Discontinued Operation, Other Income

2.5

Disposal Group, Including Discontinued Operation, Other Expense

(5.0)

Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax

23.5

0.0

23.5

0.0

Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax

(10.9)

2.8

73.2

30.5

Discontinued Operation, Tax Effect of Discontinued Operation

^[3]

2.2

(3.0)

121.9

7.7

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

(13.1)

5.8

(48.7)

22.8

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest

1.8

(2.8)

11.2

0.5

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

(14.9)

8.6

(59.9)

22.3

FGL [Member] | Insurance Premiums [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

16.2

14.2

31.6

25.8

FGL [Member] | Investment Income [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

^[4]

226.7

207.6

448.9

416.0

FGL [Member] | Gain (Loss) on Investments [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

(41.7)

(33.4)

24.5

25.1

FGL [Member] | Insurance and investment product fees [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

31.7

$ 22.1

60.5

$ 41.9

Majority-Owned Subsidiary, Unconsolidated [Member] | FGL [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

993.0

1,058.0

Disposal Group, Including Discontinued Operation, Assets, Current

15.6

15.9

1,618.7

1,769.8

Assets

2,627.3

2,843.7

1,170.8

1,226.8

217.5

330.7

1.1

1.6

Disposal Group, Including Discontinued Operation, Liabilities, Current

12.7

11.0

1,225.2

1,273.6

$ 2,627.3

$ 2,843.7

[1]	The carrying amounts of cash and cash equivalents, trade receivables, accounts payable and accrued investment income approximate fair value due to their short duration and, accordingly, they are not presented in the tables above.
[2]	The fair values of debt set forth above are generally based on quoted or observed market prices.
[3]	(b) Included in the income tax expense for the six months ended March 31, 2016 was a $90.9 of net income tax expense related to the establishment of a deferred tax liability of $328.6 at March 31, 2016 as a result of classifying the Company’s ownership interest in FGL as held for sale. The deferred tax liability was partially offset by a $237.7 reduction of valuation allowance on HRG’s net operating and capital loss carryforwards expected to offset the FGL taxable gain at March 31, 2016. The remaining liability is expected to be offset by current year losses recognized in Continuing Operations except for $13.0 of estimated alternative minimum taxes.
[4]	(a) Included in the net investment income attributable to FGL is interest income of $1.2 and $0.6 for the three months ended March 31, 2016 and 2015, respectively and $2.3 and $2.3 for the six months ended March 31, 2016 and 2015, respectively, on debt instruments issued by entities consolidated by HRG as they will continue to exist following the closing of the FGL Merger. The corresponding interest expense is recorded in continuing operations in the accompanying Condensed Consolidated Statements of Operations.

Divestitures Divestitures - Schedule of intercompany assets and liabilities of disposal group (Details) - USD ($)
$ in Millions

Mar. 31, 2016

Sep. 30, 2015

$ 1,679.4

$ 1,710.1

Disposal Group, Including Discontinued Operation, Assets, Current

149.1

134.3

25,544.0

24,984.5

Total assets

35,455.1

35,034.0

1,824.8

1,856.0

6,232.0

6,310.5

^[1],[2]

847.5

1,095.6

Disposal Group, Including Discontinued Operation, Liabilities, Current

71.6

95.5

23,988.1

23,420.9

FGL [Member] | Majority-Owned Subsidiary, Unconsolidated [Member]

33,947.2

33,445.9

993.0

1,058.0

Disposal Group, Including Discontinued Operation, Assets, Current

15.6

15.9

1,618.7

1,769.8

Total assets

2,627.3

2,843.7

1,170.8

1,226.8

217.5

330.7

1.1

1.6

Disposal Group, Including Discontinued Operation, Liabilities, Current

12.7

11.0

1,225.2

1,273.6

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

$ 2,627.3

$ 2,843.7

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

Divestitures Divestitures - Additional Information (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Dec. 01, 2015

Mar. 31, 2016

Mar. 31, 2015

Mar. 31, 2016

Mar. 31, 2015

Sep. 30, 2015

Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax

$ 13.0

Gain (Loss) on Disposition of Oil and Gas Property

0.0

$ 0.0

105.6

$ 0.0

FGL [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Deferred Tax Assets, Valuation Allowance

237.7

Discontinued Operation, Tax Effect of Discontinued Operation, Deferred Taxes, Current

^[1]

90.9

Deferred Tax Liabilities, Parent's Basis in Discontinued Operation

328.6

Business Acquisition, Termination Fee Payable for Termination of Merger Agreement

51.5

Disposal Group, Including Discontinued Operation, Write-down of assets held for sale to fair value less costs to sell

(23.5)

$ 0.0

Compass Production Partners [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Transaction costs, Sale of Oil and Gas Properties

$ 1.9

Proceeds from Sale of Oil and Gas Property and Equipment

$ 147.5

4.5

Gain (Loss) on Disposition of Oil and Gas Property

105.6

Majority-Owned Subsidiary, Unconsolidated [Member] | FGL [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Interest Income

$ 1.2

$ 0.6

$ 2.3

[1]

Investments - Available-for-Sale Securities (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
Schedule of Investments [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 73.9	$ 137.8	$ 73.9	$ 137.8	$ 74.8	$ 101.3	$ 122.5	$ 117.2
Total Gains (Losses) Included in Earnings	(0.3)	5.7	0.5	5.6
Total investments, Carrying Value	139.3		139.3			278.9
Total investments, Cost or Amortized Cost	139.3		139.3			264.8
Investments, Unrealized Losses	0.0		0.0			0.0
Investments, Unrealized Gains	0.0		0.0			14.1
Available For Sale Securities Fair Value						278.9
Total Gains (Losses) Included in AOCI				(0.5)
Purchases	3.0	12.0	8.1	22.0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales	3.1	2.4	30.0	6.5
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	0.5		6.0
Corporate Debt Securities [Member]
Schedule of Investments [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		$ 15.8		15.8		14.1	$ 15.8	$ 16.3
Total Gains (Losses) Included in Earnings			(0.5)
Total Gains (Losses) Included in AOCI				$ (0.5)
Purchases			0.0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales			13.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements			0.0
Equity Securities [Member] \| Held for trading [Member]
Schedule of Investments [Line Items]
Available-for-sale Equity Securities, Accumulated Gross Unrealized Gain, before Tax						14.1
Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax						0.0
Total investments, Carrying Value						32.8
Available-for-sale Equity Securities, Amortized Cost Basis						18.7
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						0.0
Total investments, Carrying Value						14.1
Funds Withheld Receivable						14.1
Asset based loan receivables [Member]
Schedule of Investments [Line Items]
Trading Securities, Cost	136.8		136.8			226.7
Trading Securities	136.8		136.8			226.7
Other Invested Assets [Member] \| Other Investments Asset [Member] \| All Other Securities [Member]
Schedule of Investments [Line Items]
Trading Securities, Cost	2.5		2.5			5.3
Trading Securities	2.5		2.5			5.3
Estimate of Fair Value Measurement [Member]
Schedule of Investments [Line Items]
Available For Sale Securities Fair Value	139.3		139.3
Estimate of Fair Value Measurement [Member] \| Equity Securities [Member] \| Held for trading [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Equity Securities						32.8
Estimate of Fair Value Measurement [Member] \| Fixed-maturity securities, available-for-sale [Member] \| Corporate Debt Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Debt Securities						14.1
Estimate of Fair Value Measurement [Member] \| Asset based loan receivables [Member]
Schedule of Investments [Line Items]
Trading Securities	136.8		136.8			226.7
Estimate of Fair Value Measurement [Member] \| Other Invested Assets [Member] \| Other Investments Asset [Member] \| All Other Securities [Member]
Schedule of Investments [Line Items]
Trading Securities	$ 2.5		$ 2.5			$ 5.3

Investments - Additional Information (Detail) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Mar. 31, 2016

Mar. 31, 2015

Mar. 31, 2016

Mar. 31, 2015

Sep. 30, 2015

Schedule of Available-for-sale Securities [Line Items]

$ 6,353.8

$ 6,439.1

Industry Holdings, Number of Top Investments

$ 136.8

226.7

Equity Securities Holdings Exposure Amount of Single Issuer Greater than Stated Percentage of Total Investments

10.00%

Total investments, Carrying Value

$ 139.3

$ 278.9

Financing Receivable, Allowance for Credit Losses, Write-downs

$ 51.1

Financing Receivable, Allowance for Credit Losses, Period Increase (Decrease)

(4.1)

(17.4)

0.1

(17.2)

Provision for Loan, Lease, and Other Losses

6.7

$ 68.5

15.1

$ 68.3

Radioshack [Member]

Schedule of Available-for-sale Securities [Line Items]

Financing Receivable, Allowance for Credit Losses, Write-downs

$ 2.6

$ 15.2

Fair Value, Concentration of Risk, All Financial Instruments [Member]

Schedule of Available-for-sale Securities [Line Items]

Percentage Of Investments Fair Value In Relation To Invested Assets Portfolio

32.60%

16.50%

Estimate of Fair Value Measurement [Member]

Schedule of Available-for-sale Securities [Line Items]

Loan Participations and Assignments [Member] | Radioshack [Member]

^[1]

$ 136.8

$ 226.7

Schedule of Available-for-sale Securities [Line Items]

Radioshack [Member] | Salus Capital Partners L L C [Member]

50.0

Schedule of Available-for-sale Securities [Line Items]

Radioshack [Member] | Salus Capital Partners L L C [Member]

250.0

Schedule of Available-for-sale Securities [Line Items]

Radioshack [Member] | Front Street RE (Cayman) Ltd. [Member]

93.0

Schedule of Available-for-sale Securities [Line Items]

Non-Qualifying Participation [Member] | Radioshack [Member]

7.0

Schedule of Available-for-sale Securities [Line Items]

Schedule of Available-for-sale Securities [Line Items]

100.0

Doubtful [Member]

Asset Backed Loans And Other Invested Assets Gross

$ 104.0

$ 79.8

[1]	The carrying amounts of cash and cash equivalents, trade receivables, accounts payable and accrued investment income approximate fair value due to their short duration and, accordingly, they are not presented in the tables above.

Investments - Amortized Cost and Fair Value of Fixed Maturity Available-for-Sale Securities (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Sep. 30, 2015
Schedule of Available-for-sale Securities [Line Items]
Total investments, Cost or Amortized Cost	$ 139.3	$ 264.8
Investments, Unrealized Gains	0.0	14.1
Investments, Unrealized Losses	0.0	0.0
Available For Sale Securities Fair Value		278.9
Total investments, Carrying Value	139.3	278.9
Asset based loan receivables [Member]
Schedule of Available-for-sale Securities [Line Items]
Trading Securities, Cost	136.8	226.7
Trading Securities	136.8	226.7
Other Investments Gross Unrealized Gain	0.0	0.0
Other Short Term Investments Gross Unrealized Losses	0.0	0.0
Fixed Maturities Available For Sale [Member] \| Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Total fixed maturity available-for-sale securities, Amortized Cost		14.1
Total investments, Carrying Value		14.1
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax		0.0
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax		0.0
Other Investments Asset [Member] \| Other Invested Assets [Member] \| All Other Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Trading Securities, Cost	2.5	5.3
Trading Securities	2.5	5.3
Other Investments Gross Unrealized Gain	0.0	0.0
Other Short Term Investments Gross Unrealized Losses	0.0	0.0
Estimate of Fair Value Measurement [Member]
Schedule of Available-for-sale Securities [Line Items]
Available For Sale Securities Fair Value	139.3
Estimate of Fair Value Measurement [Member] \| Asset based loan receivables [Member]
Schedule of Available-for-sale Securities [Line Items]
Trading Securities	136.8	226.7
Estimate of Fair Value Measurement [Member] \| Fixed Maturities Available For Sale [Member] \| Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Debt Securities		14.1
Estimate of Fair Value Measurement [Member] \| Other Investments Asset [Member] \| Other Invested Assets [Member] \| All Other Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Trading Securities	$ 2.5	5.3
Held for trading [Member] \| Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Total investments, Carrying Value		32.8
Available-for-sale Equity Securities, Amortized Cost Basis		18.7
Available-for-sale Equity Securities, Accumulated Gross Unrealized Gain, before Tax		14.1
Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax		0.0
Held for trading [Member] \| Estimate of Fair Value Measurement [Member] \| Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Equity Securities		$ 32.8

Investments - Portfolio of Asset-Backed Loans and Other Invested Assets (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
Asset-backed loans, by major industry:
Total asset-backed loans	$ 184.6		$ 184.6			$ 274.6
Less: Allowance for credit losses	47.8		47.8			47.9
Total asset-backed loans, net	136.8		136.8			226.7
Financing Receivable, Allowance for Credit Losses	47.8	$ 22.7	47.8	$ 22.7	$ 43.7	47.9	$ 5.3	$ 5.5
Provision for Loan, Lease, and Other Losses	(6.7)	$ (68.5)	(15.1)	$ (68.3)
Apparel [Member]
Asset-backed loans, by major industry:
Total asset-backed loans	50.3		50.3			66.0
Jewelry [Member]
Asset-backed loans, by major industry:
Total asset-backed loans	35.6		35.6			36.9
Manufacturing [Member]
Asset-backed loans, by major industry:
Total asset-backed loans	29.9		29.9			32.7
Other [Member]
Asset-backed loans, by major industry:
Total asset-backed loans	23.4		23.4			93.1
Electronics [Member]
Asset-backed loans, by major industry:
Total asset-backed loans	$ 45.4		$ 45.4			$ 45.9

Investments - Schedule of Allowance for Credit Losses (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses, Write-downs		$ (51.1)		$ (51.1)
Allowance for credit losses:
Balance at beginning of period	$ 43.7	5.3	$ 47.9	5.5
Provision for credit losses	(6.7)	(68.5)	(15.1)	(68.3)
Balance at end of period	47.8	$ 22.7	47.8	$ 22.7
Radioshack [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses, Write-downs	$ (2.6)		$ (15.2)

Derivative Financial Instruments - Fair Value of Outstanding Derivative Contracts in Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Sep. 30, 2015
Derivatives, Fair Value [Line Items]
Funds Withheld Receivable	$ 1,679.4	$ 1,710.1
FIA embedded derivatives [Member] \| Contractholder funds [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	136.5	142.3
Derivatives designated as hedging instruments [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	2.7	5.6
Total liability derivatives	8.6	9.6
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	1.3	1.4
Derivatives designated as hedging instruments [Member] \| Interest Rate Contract [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.8	1.2
Derivatives designated as hedging instruments [Member] \| Commodity Swap And Option Agreements [Member] \| Receivables, net [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.2	0.0
Derivatives designated as hedging instruments [Member] \| Commodity Swap And Option Agreements [Member] \| Other assets [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.1	0.0
Derivatives designated as hedging instruments [Member] \| Foreign Exchange Forward [Member] \| Other assets [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.1	0.4
Derivatives designated as hedging instruments [Member] \| Foreign Exchange Contract [Member] \| Receivables, net [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	2.3	5.2
Derivatives designated as hedging instruments [Member] \| Foreign Exchange Contract [Member] \| Accounts payable and other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	4.2	1.5
Derivatives designated as hedging instruments [Member] \| Foreign Exchange Contract [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.3	0.0
Derivatives designated as hedging instruments [Member] \| Commodity contracts [Member] \| Accounts payable and other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	1.8	4.7
Derivatives designated as hedging instruments [Member] \| Commodity contracts [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.2	0.8
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	15.2	20.3
Total liability derivatives	145.9	152.1
Not Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Accounts payable and other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.8	0.1
Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Other assets [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	2.5	1.0
Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Funds withheld for reinsurance liability [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	7.6	5.4
Not Designated as Hedging Instrument [Member] \| Foreign Exchange Contract [Member] \| Receivables, net [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	1.0	0.4
Not Designated as Hedging Instrument [Member] \| Commodity contracts [Member] \| Receivables, net [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	1.4	7.9
Not Designated as Hedging Instrument [Member] \| Commodity contracts [Member] \| Accounts payable and other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.0	0.1
Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Funds Withheld Receivable	1,679.4	1,710.1
Assets, Fair Value Disclosure, Recurring	1,694.6	1,780.1
Liabilities, Fair Value Disclosure, Recurring	799.9	781.3
Fair Value, Measurements, Recurring [Member] \| Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Derivatives	10.1	6.4
Fair Value, Measurements, Recurring [Member] \| Commodity Option [Member]
Derivatives, Fair Value [Line Items]
Derivatives	1.7	7.9
Derivative Liability	2.0	5.6
Fair Value, Measurements, Recurring [Member] \| Foreign Exchange Forward [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	5.3	1.6
Fair Value, Measurements, Recurring [Member] \| Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	2.1	2.6
Level 1 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Funds Withheld Receivable	73.9	45.8
Assets, Fair Value Disclosure, Recurring	73.9	78.6
Liabilities, Fair Value Disclosure, Recurring	0.0	0.0
Level 1 [Member] \| Fair Value, Measurements, Recurring [Member] \| Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Derivatives	0.0	0.0
Level 1 [Member] \| Fair Value, Measurements, Recurring [Member] \| Fixed Index Annuity [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	136.5	142.3
Level 1 [Member] \| Fair Value, Measurements, Recurring [Member] \| Front Street Future Policyholder Benefits Reserve [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability		0.0
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Funds Withheld Receivable	1,531.6	1,579.9
Assets, Fair Value Disclosure, Recurring	1,546.8	1,600.2
Liabilities, Fair Value Disclosure, Recurring	9.4	9.8
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Derivatives	10.1	6.4
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Commodity Option [Member]
Derivatives, Fair Value [Line Items]
Derivatives	1.7	7.9
Derivative Liability	2.0	5.6
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Foreign Exchange Forward [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	5.3	1.6
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	2.1	2.6
Level 3 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Funds Withheld Receivable	73.9	84.4
Assets, Fair Value Disclosure, Recurring	73.9	101.3
Liabilities, Fair Value Disclosure, Recurring	790.5	771.5
Level 3 [Member] \| Fair Value, Measurements, Recurring [Member] \| Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Derivatives	0.0	0.0
Level 3 [Member] \| Fair Value, Measurements, Recurring [Member] \| Fixed Index Annuity [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	136.5	142.3
Corporate Debt Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Available-for-sale Securities	0.0	14.1
Corporate Debt Securities [Member] \| Level 2 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Available-for-sale Securities	0.0	0.0
Corporate Debt Securities [Member] \| Level 3 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Available-for-sale Securities	0.0	14.1
Equity [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Trading Securities	0.0	32.8
Equity [Member] \| Level 1 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Trading Securities	0.0	32.8
Other Invested Assets [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Other invested assets	0.0	2.8
Other Invested Assets [Member] \| Level 1 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Other invested assets	0.0	0.0
Other Invested Assets [Member] \| Other Invested Assets [Member] \| Level 3 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Other invested assets	0.0
Other Invested Assets [Member] \| Option Pricing [Member] \| Other Invested Assets [Member] \| Level 3 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Other invested assets		2.8
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	$ 654.0	$ 629.2

Derivative Financial Instruments - Pretax Impact of Derivative Instruments Designated as Cash Flow Hedges on the Accompanying Condensed Consolidated Statements of Operations, and Within AOCI (Detail) - Spectrum Brands [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ (5.4)	$ 9.3	$ (0.8)	$ 17.1
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0.7	7.0	0.9	11.8
Interest Expense [Member] \| Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(0.6)	(1.4)	(0.3)	(2.0)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(0.5)	(0.5)	(1.0)	(0.9)
Cost Of Goods Sold [Member] \| Commodity contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	1.8	(0.5)	0.8	(1.7)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(1.6)	(0.1)	(3.0)	0.3
Cost Of Goods Sold [Member] \| Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(6.6)	11.3	(1.2)	20.8
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2.8	7.6	4.9	12.4
Sales Revenue, Net [Member] \| Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	0.0	(0.1)	(0.1)	0.0
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 0.0	$ 0.0	$ 0.0	$ 0.0

Derivative Financial Instruments - Summary of Gain (Loss) Recognized in Income on Derivatives (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Commodity contracts [Member] \| Other (expense) income, net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Three months ended March 31,	$ 0.8	$ 5.3	$ 2.5	$ 24.0
Foreign Exchange Contract [Member] \| Other (expense) income, net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Three months ended March 31,	2.9	(5.7)	0.8	(7.4)
Call options [Member] \| Net investment gains [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Three months ended March 31,	(1.4)	(0.5)	0.5	2.2
Embedded Derivatives in Reinsurance Contracts [Member] \| Net investment gains [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Three months ended March 31,	3.4	1.1	5.8	(5.1)
Spectrum Brands [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(5.4)	9.3	(0.8)	17.1
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0.7	7.0	0.9	11.8
Spectrum Brands [Member] \| Interest Rate Swap [Member] \| Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(0.6)	(1.4)	(0.3)	(2.0)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(0.5)	(0.5)	(1.0)	(0.9)
Spectrum Brands [Member] \| Commodity contracts [Member] \| Cost Of Goods Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	1.8	(0.5)	0.8	(1.7)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(1.6)	(0.1)	(3.0)	0.3
Spectrum Brands [Member] \| Foreign Exchange Contract [Member] \| Cost Of Goods Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(6.6)	11.3	(1.2)	20.8
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2.8	7.6	4.9	12.4
Spectrum Brands [Member] \| Foreign Exchange Contract [Member] \| Sales Revenue, Net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	0.0	(0.1)	(0.1)	0.0
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 0.0	$ 0.0	$ 0.0	$ 0.0

Derivative Financial Instruments - Additional Information (Detail) bbl in Thousands, MMBTU in Thousands, MBbls in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 31, 2016 USD ($) ozt MMBTU $ / MMBTU $ / bbl MBbls	Mar. 31, 2015 USD ($)	Mar. 31, 2016 USD ($) ozt MMBTU $ / MMBTU $ / bbl MBbls T	Mar. 31, 2015 USD ($)	Sep. 30, 2015 USD ($) ozt MMBTU bbl T	Sep. 30, 2014 USD ($)
Derivative Financial Instruments [Line Items]
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
Derivative, Percentage of Production Volume Covered by Derivative Financial Instruments	20.00%	38.00%	44.00%	55.00%
Natural Gas Commodity Contract [Member]
Derivative Financial Instruments [Line Items]
Natural Gas, Volume \| MMBTU	2,750,000		2,750,000
Oil Commodity Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative, Commodity Contract, Oil Volume \| MBbls	138		138
Swap [Member] \| Natural Gas Commodity Contract [Member]
Derivative Financial Instruments [Line Items]
Natural Gas, Volume \| MMBTU					3,380
Swap [Member] \| Oil Commodity Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative, Commodity Contract, Oil Volume \| bbl					273
Spectrum Brands [Member]
Derivative Financial Instruments [Line Items]
Cash Collateral for Borrowed Securities	$ 500,000		$ 500,000		$ 3,500,000
Estimated amount of derivative net losses/gains to be reclassified from AOCI into earnings over the next twelve months	700,000	$ 7,000,000	900,000	$ 11,800,000
Spectrum Brands [Member] \| Standby Letters of Credit [Member]
Derivative Financial Instruments [Line Items]
Standby letters of credit	0		$ 0			$ 0
Spectrum Brands [Member] \| Zinc Commodity Swap Contract [Member]
Derivative Financial Instruments [Line Items]
Weight Of Raw Material Under Derivative Contract \| T			9.4		10.8
Derivative Contracts Market Value	18,000,000		$ 18,000,000		$ 22,200,000
Estimated amount of derivative net losses/gains to be reclassified from AOCI into earnings over the next twelve months			800,000
Spectrum Brands [Member] \| Foreign Exchange Forward [Member]
Derivative Financial Instruments [Line Items]
Derivative Contracts Market Value	262,400,000		262,400,000		126,800,000
Spectrum Brands [Member] \| Silver Commodity Swap Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative Contracts Market Value	$ 200,000		$ 200,000		$ 400,000
Derivative, Nonmonetary Notional Amount \| ozt	10		10		25
Spectrum Brands [Member] \| Bronze Commodity Contract [Member]
Derivative Financial Instruments [Line Items]
Weight Of Raw Material Under Derivative Contract \| T			1.0		1.8
Derivative Contracts Market Value	$ 4,400,000		$ 4,400,000		$ 8,500,000
Spectrum Brands [Member] \| Interest Rate Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative, Fixed Interest Rate	1.36%		1.36%
Estimated amount of derivative net losses/gains to be reclassified from AOCI into earnings over the next twelve months			$ 800,000
Derivative, Notional Amount	$ 300,000,000		$ 300,000,000		$ 300,000,000
Derivative, Remaining Maturity			1 year		1 year 6 months
Spectrum Brands [Member] \| Foreign Exchange Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative Contracts Market Value	$ 252,800,000		$ 252,800,000		$ 300,600,000
Derivative net loss/gain			$ 600,000
Remainder of 2014 [Member] \| Swap [Member] \| Natural Gas Commodity Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative, Average Forward Price \| $ / MMBTU	2.38		2.38
Remainder of 2014 [Member] \| Swap [Member] \| Oil Commodity Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative, Average Forward Price \| $ / bbl	41.46		41.46
Not Designated as Hedging Instrument [Member]
Derivative Financial Instruments [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 15,200,000		$ 15,200,000		20,300,000
Other assets [Member] \| Not Designated as Hedging Instrument [Member] \| Call options [Member]
Derivative Financial Instruments [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 2,500,000		$ 2,500,000		$ 1,000,000

Derivative Financial Instruments Derivative Financial Instruments - Oil and Gas Commodity Contracts (Details) bbl in Thousands, MMBTU in Thousands, MBbls in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016 USD ($) MMBTU $ / MMBTU $ / bbl MBbls	Mar. 31, 2015	Mar. 31, 2016 USD ($) MMBTU $ / MMBTU $ / bbl MBbls	Mar. 31, 2015	Sep. 30, 2015 MMBTU bbl
Derivative [Line Items]
Derivative, Percentage of Production Volume Covered by Derivative Financial Instruments	20.00%	38.00%	44.00%	55.00%
Natural Gas Commodity Contract [Member]
Derivative [Line Items]
Natural Gas, Volume \| MMBTU	2,750,000		2,750,000
Fair Value at March 31, 2016	$ 0.3		$ 0.3
Oil Commodity Contract [Member]
Derivative [Line Items]
Fair Value at March 31, 2016	$ 1.1		$ 1.1
Derivative, Commodity Contract, Oil Volume \| MBbls	138		138
Swap [Member] \| Natural Gas Commodity Contract [Member]
Derivative [Line Items]
Natural Gas, Volume \| MMBTU					3,380
Swap [Member] \| Oil Commodity Contract [Member]
Derivative [Line Items]
Derivative, Commodity Contract, Oil Volume \| bbl					273
Swap [Member] \| Energy Related Derivative [Member]
Derivative [Line Items]
Fair Value at March 31, 2016	$ 1.4		$ 1.4
Collar [Member] \| Natural Gas Commodity Contract [Member] \| Remainder of 2014 [Member]
Derivative [Line Items]
Natural Gas, Volume \| MMBTU	2,750,000		2,750,000
Fair Value at March 31, 2016	$ 0.3		$ 0.3
Collar [Member] \| Natural Gas Commodity Option Contract- Short call [Member] [Member] \| Remainder of 2014 [Member]
Derivative [Line Items]
Weighted average strike price per Mmbtu/Bbl \| $ / MMBTU	2.77		2.77
Collar [Member] \| Natural Gas Commodity Commodity Contract- Long put [Member] \| Remainder of 2014 [Member]
Derivative [Line Items]
Weighted average strike price per Mmbtu/Bbl \| $ / MMBTU	2.15		2.15
Three-way collar [Member] \| Natural Gas Commodity Contract [Member] \| Remainder of 2014 [Member]
Derivative [Line Items]
Fair Value at March 31, 2016	$ 1.1		$ 1.1
Three-way collar [Member] \| Oil Commodity Contract [Member] \| Remainder of 2014 [Member]
Derivative [Line Items]
Derivative, Commodity Contract, Oil Volume \| MBbls	138		138
Short put [Member] \| Three-way collar [Member] \| Oil Commodity Contract [Member] \| Remainder of 2014 [Member]
Derivative [Line Items]
Weighted average strike price per Mmbtu/Bbl \| $ / bbl	42.00		42.00
Long put [Member] \| Three-way collar [Member] \| Oil Commodity Contract [Member] \| Remainder of 2014 [Member]
Derivative [Line Items]
Weighted average strike price per Mmbtu/Bbl \| $ / bbl	56.00		56.00
Short call [Member] \| Three-way collar [Member] \| Oil Commodity Contract [Member] \| Remainder of 2014 [Member]
Derivative [Line Items]
Weighted average strike price per Mmbtu/Bbl \| $ / bbl	76.00		76.00

Fair Value of Financial Instruments - Assets and Liabilities Carrying at Fair Value on Non-Recurring Basis (Detail) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Mar. 31, 2016

Mar. 31, 2015

Mar. 31, 2016

Mar. 31, 2015

Dec. 31, 2015

Sep. 30, 2015

Dec. 31, 2014

Sep. 30, 2014

Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items]

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value

$ 73.9

$ 137.8

$ 73.9

$ 137.8

$ 74.8

$ 101.3

$ 122.5

$ 117.2

Assets

Cash and cash equivalents

465.6

430.3

465.6

430.3

695.2

742.8

136.8

226.7

6,232.0

6,310.5

^[1],[2]

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings

(0.3)

5.7

0.5

5.6

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)

(0.5)

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases

3.0

12.0

8.1

22.0

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales

(3.1)

(2.4)

(30.0)

(6.5)

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements

(0.5)

(6.0)

Corporate Debt Securities [Member]

1,679.4

1,710.1

Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items]

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value

15.8

14.1

15.8

16.3

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings

(0.5)

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)

(0.5)

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases

0.0

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales

(13.6)

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements

0.0

Other Invested Assets [Member]

Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items]

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value

0.0

2.8

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings

2.7

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)

0.0

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases

0.0

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales

0.0

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements

(5.5)

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

0.0

Level 2 [Member]

^[1],[2]

6,391.0

6,398.0

Level 3 [Member]

^[1]

2.5

^[1]

136.8

226.7

^[1],[2]

80.7

99.1

^[1]

895.9

960.3

Recurring [Member]

799.9

781.3

1,679.4

1,710.1

Recurring [Member] | Foreign Exchange Forward [Member]

1,694.6

1,780.1

Recurring [Member] | Commodity Option [Member]

5.3

1.6

1.7

7.9

Recurring [Member] | Interest Rate Contract [Member]

2.0

5.6

Recurring [Member] | Interest Rate Swap [Member]

10.1

6.4

Recurring [Member] | Corporate Debt Securities [Member]

2.1

2.6

Recurring [Member] | Foreign Exchange Contract [Member] | Foreign Exchange Forward [Member]

0.0

14.1

Recurring [Member] | Equity [Member]

3.4

6.0

Recurring [Member] | Other Invested Assets [Member]

0.0

32.8

Recurring [Member] | Level 1 [Member]

0.0

2.8

0.0

0.0

0.0

73.9

45.8

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

73.9

78.6

Recurring [Member] | Level 1 [Member] | Front Street Future Policyholder Benefits Reserve [Member]

136.5

142.3

Recurring [Member] | Level 1 [Member] | Interest Rate Contract [Member]

0.0

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

0.0

Recurring [Member] | Level 1 [Member] | Other Invested Assets [Member]

0.0

32.8

Recurring [Member] | Level 2 [Member]

0.0

0.0

6,391.0

6,398.0

9.4

9.8

1,531.6

1,579.9

Recurring [Member] | Level 2 [Member] | Foreign Exchange Forward [Member]

1,546.8

1,600.2

Recurring [Member] | Level 2 [Member] | Commodity Option [Member]

5.3

1.6

1.7

7.9

Recurring [Member] | Level 2 [Member] | Interest Rate Contract [Member]

2.0

5.6

Recurring [Member] | Level 2 [Member] | Interest Rate Swap [Member]

10.1

6.4

Recurring [Member] | Level 2 [Member] | Corporate Debt Securities [Member]

2.1

2.6

Recurring [Member] | Level 2 [Member] | Foreign Exchange Contract [Member] | Foreign Exchange Forward [Member]

0.0

Recurring [Member] | Level 3 [Member]

3.4

6.0

139.3

229.2

976.6

1,059.4

790.5

771.5

73.9

84.4

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

73.9

101.3

Recurring [Member] | Level 3 [Member] | Interest Rate Contract [Member]

136.5

142.3

Recurring [Member] | Level 3 [Member] | Corporate Debt Securities [Member]

0.0

Recurring [Member] | Level 3 [Member] | Foreign Exchange Contract [Member] | Foreign Exchange Forward [Member]

0.0

14.1

Recurring [Member] | Level 3 [Member] | Other Invested Assets [Member] | Other Invested Assets [Member]

0.0

Contingent Purchase Price Reduction Receivable [Member]

0.0

Fair Value Assets And Liabilities Measured On Nonrecurring Basis [Line Items]

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value

47.0

41.5

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings

5.5

Front Street Future Policyholder Benefits Reserve [Member]

Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value

654.0

584.5

654.0

584.5

629.0

629.2

496.4

151.3

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings

23.9

22.4

20.2

22.6

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases

73.6

420.5

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements

1.1

7.9

4.6

9.9

Equity conversion feature of preferred stock [Member]

Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value

790.5

740.4

790.5

740.4

$ 768.9

771.5

$ 653.4

$ 302.1

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings

20.5

21.3

14.4

27.7

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

73.6

0.0

420.5

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales

0.0

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements

1.1

7.9

4.6

9.9

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Transfers, Net

0.0

$ 0.0

0.0

$ 0.0

Estimate of Fair Value Measurement [Member]

^[1]

2.5

^[1]

136.8

226.7

^[1],[2]

6,471.7

6,497.1

Estimate of Fair Value Measurement [Member] | Recurring [Member]

^[1]

895.9

960.3

139.3

229.2

Estimate of Fair Value Measurement [Member] | Recurring [Member] | Front Street Future Policyholder Benefits Reserve [Member]

7,367.6

7,457.4

Reported Value Measurement [Member]

654.0

629.2

^[1]

2.5

^[1]

136.8

226.7

139.3

^[1],[2]

6,232.0

^[1]

1,034.3

1,084.5

Reported Value Measurement [Member] | Recurring [Member]

7,266.3

229.2

Option Pricing [Member] | Recurring [Member] | Level 3 [Member] | Other Invested Assets [Member] | Other Invested Assets [Member]

7,395.0

Discounted Cash Flow [Member] | Recurring [Member] | Level 3 [Member]

2.8

0.0

2.8

Discounted Cash Flow [Member] | Recurring [Member] | Level 3 [Member] | Front Street Future Policyholder Benefits Reserve [Member]

15.1

19.5

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

$ 654.0

$ 629.2

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

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	6 Months Ended	12 Months Ended
	Mar. 31, 2016	Sep. 30, 2015
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Funds Withheld Receivable	$ 1,679.4	$ 1,710.1
Assets, Fair Value Disclosure	73.9	101.3
Liabilities
Liabilities, Fair Value Disclosure	790.5	771.5
Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure, Recurring	1,694.6	1,780.1
Funds Withheld Receivable	$ 1,679.4	1,710.1
Funds withheld for reinsurance liability [Member] \| Market Pricing [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Market pricing
Funds withheld for reinsurance liability [Member] \| NAV [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Loan value
Funds withheld for reinsurance liability [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Broker-quoted
Funds withheld for reinsurance liability [Member] \| Matrix Pricing [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Matrix pricing
Funds withheld for reinsurance liability [Member] \| Discounted Cash Flow [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Discounted Cash Flow
Corporate Debt Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Available-for-sale Securities	$ 0.0	$ 14.1
Corporate Debt Securities [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Broker-quoted
Other Invested Assets [Member] \| Discounted Cash Flow [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Discounted Cash Flow
Fixed Index Annuity [Member] \| Discounted Cash Flow [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Discounted cash flow
Front Street Future Policyholder Benefits Reserve [Member] \| Discounted Cash Flow [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Discounted cash flow
Minimum [Member] \| Funds Withheld Receivables [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	6.00%	6.00%
Quoted prices	100.00%	100.00%
Offered quotes	94.00%	99.00%
Minimum [Member] \| Corporate Debt Securities [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Offered quotes
Minimum [Member] \| Other Invested Assets [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Probability of collection
Minimum [Member] \| Fixed Index Annuity [Member]
Liabilities
Market value of option	0.00%	0.00%
SWAP rates	1.00%
Surrender rates	0.50%	0.50%
Maximum [Member] \| Funds Withheld Receivables [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	13.00%	12.00%
Quoted prices	122.00%	122.00%
Offered quotes	107.00%	103.00%
Maximum [Member] \| Corporate Debt Securities [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Offered quotes
Maximum [Member] \| Other Invested Assets [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Probability of collection
Maximum [Member] \| Fixed Index Annuity [Member]
Liabilities
Market value of option	24.00%	32.00%
SWAP rates	2.00%
Surrender rates	75.00%	75.00%
Weighted Average [Member] \| Funds Withheld Receivables [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	7.00%	8.00%
Quoted prices	111.00%	112.00%
Offered quotes	99.00%	101.00%
Weighted Average [Member] \| Loans and Finance Receivables [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Offered quotes	100.00%	100.00%
Weighted Average [Member] \| Corporate Debt Securities [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Offered quotes		83.00%
Weighted Average [Member] \| Other Invested Assets [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Probability of collection		50.00%
Discount rate		10.00%
Weighted Average [Member] \| Policy Loans [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	100.00%	100.00%
Weighted Average [Member] \| Fixed Index Annuity [Member]
Liabilities
Market value of option	1.00%	1.00%
SWAP rates	1.00%
Mortality multiplier	80.00%	80.00%
Surrender rates	13.00%	13.00%
Fair Value Measurements Non Performance Spread	0.25%	0.25%
Weighted Average [Member] \| Fixed Index Annuity [Member] \| Discounted Cash Flow [Member]
Liabilities
SWAP rates		2.00%
Front Street Future Policyholder Benefits Reserve [Member] \| Minimum [Member]
Liabilities
Fair Value Measurements Non Performance Spread	0.29%	0.16%
Risk margin for uncertainty	0.50%	0.50%
Front Street Future Policyholder Benefits Reserve [Member] \| Maximum [Member]
Liabilities
Fair Value Measurements Non Performance Spread	0.43%	0.46%
Risk margin for uncertainty	1.00%	1.00%
Front Street Future Policyholder Benefits Reserve [Member] \| Weighted Average [Member]
Liabilities
Risk margin for uncertainty
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure, Recurring	$ 1,546.8	$ 1,600.2
Funds Withheld Receivable	1,531.6	1,579.9
Level 2 [Member] \| Corporate Debt Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Available-for-sale Securities	0.0	0.0
Level 3 [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure, Recurring	73.9	101.3
Funds Withheld Receivable	73.9	84.4
Level 3 [Member] \| Discounted Cash Flow [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Funds Withheld Receivable	15.1	19.5
Other invested assets	0.0	2.8
Level 3 [Member] \| Funds Withheld Receivables [Member] \| Market Pricing [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	4.7	9.7
Level 3 [Member] \| Funds Withheld Receivables [Member] \| NAV [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	8.7	9.0
Level 3 [Member] \| Funds Withheld Receivables [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	11.4	6.7
Level 3 [Member] \| Funds Withheld Receivables [Member] \| Matrix Pricing [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	34.0	39.5
Level 3 [Member] \| Corporate Debt Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Available-for-sale Securities	0.0	14.1
Level 3 [Member] \| Corporate Debt Securities [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	0.0	14.1
Level 3 [Member] \| Fixed Index Annuity [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative Liability	136.5	142.3
Level 3 [Member] \| Front Street Future Policyholder Benefits Reserve [Member] \| Discounted Cash Flow [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative Liability	654.0	629.2
Other Invested Assets [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Other invested assets	0.0	2.8
Other Invested Assets [Member] \| Level 3 [Member] \| Other Invested Assets [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Other invested assets	$ 0.0
Other Invested Assets [Member] \| Level 3 [Member] \| Other Invested Assets [Member] \| Option Pricing [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Other invested assets		$ 2.8

Fair Value of Financial Instruments - Changes in Fair Value of Financial Instruments (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period	$ 74.8	$ 122.5	$ 101.3	$ 117.2
Total Gains (Losses) Included in Earnings	(0.3)	5.7	0.5	5.6
Total Gains (Losses) Included in AOCI				(0.5)
Purchases	3.0	12.0	8.1	22.0
Sales	(3.1)	(2.4)	(30.0)	(6.5)
Settlements	(0.5)		(6.0)
Balance at End of Period	73.9	137.8	73.9	137.8
Front Street Future Policyholder Benefits Reserve [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period	629.0	496.4	629.2	151.3
Total Gains (Losses) Included in Earnings	23.9	22.4	20.2	22.6
Purchases		73.6		420.5
Settlements	(1.1)	(7.9)	(4.6)	(9.9)
Balance at End of Period	654.0	584.5	654.0	584.5
Fixed Index Annuity [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period	139.9	157.0	142.3	150.8
Total Gains (Losses) Included in Earnings	(3.4)	(1.1)	(5.8)	5.1
Balance at End of Period	136.5	155.9	136.5	155.9
Equity conversion feature of preferred stock [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period	768.9	653.4	771.5	302.1
Total Gains (Losses) Included in Earnings	20.5	21.3	14.4	27.7
Total Gains (Losses) Included in AOCI	0.0	0.0	0.0	0.0
Purchases	0.0	73.6	0.0	420.5
Sales	0.0	0.0	0.0	0.0
Settlements	(1.1)	(7.9)	(4.6)	(9.9)
Net transfer In (Out) of Level 3	0.0	0.0	0.0	0.0
Balance at End of Period	790.5	740.4	790.5	740.4
Corporate Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period		15.8	14.1	16.3
Total Gains (Losses) Included in Earnings			(0.5)
Total Gains (Losses) Included in AOCI				(0.5)
Purchases			0.0
Sales			(13.6)
Settlements			0.0
Balance at End of Period		15.8		15.8
Funds Withheld Receivables [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period		65.2		59.4
Total Gains (Losses) Included in Earnings		0.2		0.1
Purchases		12.0		22.0
Sales		(2.4)		(6.5)
Balance at End of Period		75.0		75.0
Other Invested Assets [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period			2.8
Total Gains (Losses) Included in Earnings			2.7
Total Gains (Losses) Included in AOCI			0.0
Purchases			0.0
Sales			0.0
Settlements			(5.5)
Net transfer In (Out) of Level 3 (a)			0.0
Balance at End of Period	0.0		0.0
Funds withheld for reinsurance liability [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period	74.8		84.4
Total Gains (Losses) Included in Earnings	(0.3)		(1.7)
Total Gains (Losses) Included in AOCI	0.0		0.0
Purchases	3.0		8.1
Sales	(3.1)		(16.4)
Settlements	(0.5)		(0.5)
Net transfer In (Out) of Level 3 (a)	0.0		0.0
Balance at End of Period	$ 73.9		$ 73.9
Contingent Purchase Price Reduction Receivable [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period		41.5		41.5
Total Gains (Losses) Included in Earnings		5.5		5.5
Balance at End of Period		$ 47.0		$ 47.0

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

Mar. 31, 2016

Sep. 30, 2015

Mar. 31, 2015

Sep. 30, 2014

Cash and cash equivalents

$ 465.6

$ 695.2

$ 430.3

$ 742.8

1,679.4

1,710.1

136.8

226.7

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

6,232.0

6,310.5

^[1],[2]

Level 3 [Member]

^[1]

2.5

^[1]

136.8

226.7

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[1],[2]

80.7

99.1

^[1]

895.9

960.3

Level 2 [Member]

Reported Value Measurement [Member]

^[1],[2]

6,391.0

6,398.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[1]

2.5

^[1]

136.8

226.7

139.3

^[1],[2]

6,232.0

^[1]

1,034.3

1,084.5

Estimate of Fair Value Measurement [Member]

7,266.3

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[1]

2.5

^[1]

136.8

226.7

Fair Value, Measurements, Recurring [Member]

^[1],[2]

6,471.7

6,497.1

^[1]

895.9

960.3

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

1,679.4

1,710.1

1,694.6

1,780.1

Fair Value, Measurements, Recurring [Member] | Level 3 [Member]

799.9

781.3

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

73.9

84.4

73.9

101.3

790.5

771.5

139.3

229.2

Fair Value, Measurements, Recurring [Member] | Level 1 [Member]

976.6

1,059.4

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

73.9

45.8

73.9

78.6

0.0

0.0

Fair Value, Measurements, Recurring [Member] | Level 2 [Member]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

1,531.6

1,579.9

1,546.8

1,600.2

9.4

9.8

0.0

Fair Value, Measurements, Recurring [Member] | Commodity Option [Member]

6,391.0

6,398.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

1.7

7.9

Fair Value, Measurements, Recurring [Member] | Commodity Option [Member] | Level 2 [Member]

2.0

5.6

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

1.7

7.9

Fair Value, Measurements, Recurring [Member] | Fixed Index Annuity [Member] | Level 3 [Member]

2.0

5.6

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Fixed Index Annuity [Member] | Level 1 [Member]

136.5

142.3

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Front Street Future Policyholder Benefits Reserve [Member] | Level 1 [Member]

136.5

142.3

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Interest Rate Contract [Member]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Interest Rate Contract [Member] | Level 3 [Member]

10.1

6.4

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Interest Rate Contract [Member] | Level 1 [Member]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Interest Rate Contract [Member] | Level 2 [Member]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Foreign Exchange Forward [Member]

10.1

6.4

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Foreign Exchange Forward [Member] | Level 2 [Member]

5.3

1.6

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]

5.3

1.6

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member] | Level 2 [Member]

2.1

2.6

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Foreign Exchange Contract [Member] | Foreign Exchange Forward [Member]

2.1

2.6

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Foreign Exchange Contract [Member] | Foreign Exchange Forward [Member] | Level 3 [Member]

3.4

6.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Foreign Exchange Contract [Member] | Foreign Exchange Forward [Member] | Level 2 [Member]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Equity [Member]

3.4

6.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Equity [Member] | Level 1 [Member]

0.0

32.8

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Other Invested Assets [Member]

0.0

32.8

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Other Invested Assets [Member] | Level 1 [Member]

0.0

2.8

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurements, Recurring [Member] | Reported Value Measurement [Member]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

229.2

Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member]

7,395.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

139.3

229.2

Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | Front Street Future Policyholder Benefits Reserve [Member]

7,367.6

7,457.4

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]

654.0

629.2

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]

0.0

14.1

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 [Member]

0.0

14.1

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Other Invested Assets [Member] | Fair Value, Measurements, Recurring [Member] | Other Invested Assets [Member] | Level 3 [Member]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Option Pricing [Member] | Other Invested Assets [Member] | Fair Value, Measurements, Recurring [Member] | Other Invested Assets [Member] | Level 3 [Member]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]

2.8

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

15.1

19.5

Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring [Member] | Front Street Future Policyholder Benefits Reserve [Member] | Level 3 [Member]

0.0

2.8

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

$ 654.0

$ 629.2

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

Goodwill and Intangibles - Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Goodwill And Intangible Assets [Line Items]
Intangible Assets, Purchase Accounting Adjustments			$ 0.0
Intangible Assets, Including Goodwill [Roll Forward]
Beginning Balance, Goodwill			2,487.4
Beginning Balance, Indefinite Lived Intangible Assets			1,490.3
Beginning Balance, Finite Lived Intangible Assets			990.0
Beginning Balance, Intangible Assets, Excluding Goodwill			2,480.3
Impairment of Intangible Assets, Finite-lived			0.0	$ 60.2
Less: Components of amortization:
Amortization of intangibles	$ (23.4)	$ (21.2)	(47.0)	(41.7)
Effect of translation, Intangible Assets Excluding Goodwill			(0.9)
Ending Balance, Goodwill	2,494.1		2,494.1
Ending Balance, Indefinite Lived Intangible Assets	1,487.7		1,487.7
Ending Balance, Finite Lived Intangible Assets	944.7		944.7
Ending Balance, Intangible Assets, Excluding Goodwill	2,432.4		2,432.4
Periodic amortization [Member]
Less: Components of amortization:
Amortization of intangibles			(47.0)
Finite-Lived Intangible Assets [Member]
Goodwill And Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Purchase Accounting Adjustments			0.0
Intangible Assets, Including Goodwill [Roll Forward]
Beginning Balance, Finite Lived Intangible Assets			990.0
Less: Components of amortization:
Amortization of intangibles	(23.4)	$ (21.2)	(47.0)	$ (41.7)
Effect of translation, Finite Lived intangible assets			1.7
Ending Balance, Finite Lived Intangible Assets	$ 944.7		944.7
Finite-Lived Intangible Assets [Member] \| Periodic amortization [Member]
Less: Components of amortization:
Amortization of intangibles			(47.0)
Goodwill [Member]
Goodwill And Intangible Assets [Line Items]
Goodwill, Purchase Accounting Adjustments			2.6
Less: Components of amortization:
Effect of translation, Finite Lived intangible assets			4.1
Indefinite Lived Intangible Assets [Member]
Goodwill And Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Purchase Accounting Adjustments			0.0
Less: Components of amortization:
Indefinite-lived Intangible Assets, Translation Adjustments			$ (2.6)

Goodwill and Intangibles - Summary of Definite Lived Intangible Assets (Detail) - USD ($) $ in Millions	6 Months Ended
	Mar. 31, 2016	Sep. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Cost	$ 1,387.5	$ 1,389.2
Accumulated Amortization	(442.8)	(399.2)
Net	944.7	990.0
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	987.8	985.2
Accumulated Amortization	(276.0)	(247.4)
Net	$ 711.8	737.8
Customer Relationships [Member] \| Weighted Average [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	18 years 6 months
Customer Relationships [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	2 years
Customer Relationships [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	20 years
Technology Assets [Member] \| Weighted Average [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	11 years 1 month 6 days
Technology Assets [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	4 years
Technology Assets [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	18 years
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	$ 165.4	165.4
Accumulated Amortization	(81.4)	(73.7)
Net	$ 84.0	91.7
Trade Names [Member] \| Weighted Average [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	16 years 2 months 12 days
Trade Names [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	8 years
Trade Names [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	17 years
Technology-Based Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	$ 234.3	238.6
Accumulated Amortization	(85.4)	(78.1)
Net	$ 148.9	$ 160.5

Goodwill and Intangibles - Summary of Amortization Expense of Definite Lived Intangible Assets (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 442.8		$ 442.8		$ 399.2
Amortization of intangibles	23.4	$ 21.2	47.0	$ 41.7
Finite-Lived Intangible Assets, Net	944.7		944.7		990.0
VOBA [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	93.9		93.9
2014	93.0		93.0
2015	86.2		86.2
2016	85.1		85.1
2017	84.9		84.9
Finite-Lived Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	23.4	$ 21.2	47.0	$ 41.7
Finite-Lived Intangible Assets, Net	944.7		944.7		990.0
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	276.0		276.0		247.4
Finite-Lived Intangible Assets, Net	711.8		711.8		737.8
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	81.4		81.4		73.7
Finite-Lived Intangible Assets, Net	84.0		84.0		91.7
Technology-Based Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	85.4		85.4		78.1
Finite-Lived Intangible Assets, Net	$ 148.9		$ 148.9		$ 160.5

Goodwill and Intangibles - Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods (Detail) - VOBA [Member] $ in Millions	Mar. 31, 2016 USD ($)
Schedule Of Amortization Expense And Weighted Average Lives Of Identified Intangible Assets [Line Items]
2013	$ 93.9
2014	93.0
2015	86.2
2016	85.1
2017	$ 84.9

Goodwill and Intangibles - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			35.00%
Amortization of intangibles	$ 23.4	$ 21.2	$ 47.0	$ 41.7
Finite-Lived Intangible Assets, Accumulated Amortization	442.8		442.8		$ 399.2
Finite-Lived Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	23.4	$ 21.2	47.0	$ 41.7
VOBA [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	93.9		93.9
2014	93.0		93.0
2015	86.2		86.2
2016	85.1		85.1
2017	84.9		84.9
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 81.4		$ 81.4		$ 73.7
Minimum [Member] \| Technology Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life			4 years
Minimum [Member] \| Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life			8 years
Maximum [Member] \| Technology Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life			18 years
Maximum [Member] \| Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life			17 years
Weighted Average [Member] \| Technology Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life			11 years 1 month 6 days
Weighted Average [Member] \| Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life			16 years 2 months 12 days

Debt - Summary of Debt (Detail) - USD ($)
$ in Millions

Mar. 31, 2016

Sep. 30, 2015

Feb. 23, 2015

Original issuance (discounts) premiums on debt, net

$ 6,353.8

$ 6,439.1

(25.0)

(25.7)

Deferred Finance Costs, Net

(96.8)

(102.9)

Total Debt

6,232.0

6,310.5

^[1],[2]

Less current maturities

46.0

45.1

Non-current portion of debt

6,186.0

6,265.4

HGI [Member] | Seven Point Seven Five Percent Senior Unsecured Notes [Member]

890.0

$ 890.0

Spectrum Brands [Member] | Six Point One Two Five Percentage Senior Notes [Member]

7.75%

$ 250.0

Spectrum Brands [Member] | Five Point Seven Five Percentage Senior Notes [Member]

6.10%

$ 1,000.0

Spectrum Brands [Member] | Other notes and obligations [Member]

5.80%

5.75%

$ 10.4

$ 11.2

Spectrum Brands [Member] | Capitalized lease obligations [Member]

12.40%

10.20%

$ 111.8

$ 88.2

Spectrum Brands [Member] | Term Loan Due September 4, 2019 [Member]

5.50%

5.70%

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

2.50%

Compass Production Partners [Member] | Compass Credit Agreement [Member]

Line of Credit Facility, Fair Value of Amount Outstanding

$ 160.0

Borrowing Capacity

$ 327.0

EXCO/HGI JV [Member] | Compass Credit Agreement [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

3.00%

Salus Capital Partners L L C [Member] | Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

$ 40.4

0.00%

Salus Capital Partners L L C [Member] | Secured Borrowings Related to non-qualifying participating loan interests [Member]

$ 8.8

Compass Credit Agreement [Member] | EXCO/HGI JV [Member] | Compass Credit Agreement [Member]

10.50%

Revolving Credit Facility [Member] | Spectrum Brands [Member] | ABL Facility, expiring May 24, 2017 [Member]

3.70%

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

$ 175.0

$ 0.0

3.20%

0.00%

Secured Debt [Member] | HGI [Member] | 7.875% Senior Secured Notes, due July 15, 2019 [Member]

$ 864.4

Secured Debt [Member] | HGI [Member] | Seven Point Seven Five Percent Senior Unsecured Notes [Member]

7.90%

Secured Debt [Member] | Spectrum Brands [Member] | Six Point Seven Five Percentage Senior Notes [Member]

7.75%

Secured Debt [Member] | Spectrum Brands [Member] | Six Point Three Seven Five Senior Notes [Member]

6.60%

6.63%

Secured Debt [Member] | Spectrum Brands [Member] | 6.625% Notes [Member]

$ 520.0

$ 570.0

Secured Debt [Member] | HGI Energy Holdings, LLC [Member] | 6.375% Senior Notes, Due April 1, 2021 [Member]

6.40%

6.38%

^[3]

$ 50.0

Euro Member Countries, Euro | Secured Debt [Member] | Spectrum Brands [Member] | Euro Term Loan, Due September 4, 2019 [Member]

^[3]

9.00%

United States of America, Dollars | Secured Debt [Member] | Spectrum Brands [Member] | Term Loan, Due June 23, 2022 [Member]

$ 257.5

$ 255.8

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

$ 1,220.8

$ 1,226.9

3.50%

3.90%

United States of America, Dollars | Secured Debt [Member] | Spectrum Brands [Member] | Euro Term Loan, Due June 23, 2022 [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

3.50%

Canada, Dollars | Secured Debt [Member] | Spectrum Brands [Member] | CAD Term Loan, Due June 23, 2022 [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

$ 57.2

$ 55.7

4.50%

4.40%

FGL [Member] | Salus Capital Partners L L C [Member] | Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

^[3]

$ 165.0

$ 274.0

^[3]

5.50%

3.90%

FGL [Member] | Salus Capital Partners L L C [Member] | Secured Borrowings Related to non-qualifying participating loan interests [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

^[3]

$ 4.2

^[3]

4.50%

FGL [Member] | Salus Capital Partners L L C [Member] | Salus Promissory Note [Member]

$ 2.5

^[3]

$ 2.5

^[3]

$ 2.5

^[3]

5.30%

[1]	The carrying amounts of cash and cash equivalents, trade receivables, accounts payable and accrued investment income approximate fair value due to their short duration and, accordingly, they are not presented in the tables above.
[2]	The fair values of debt set forth above are generally based on quoted or observed market prices.
[3]	* The debt balances included in the accompanying Condensed Consolidated Balance Sheets and in the table above reflect transactions between the businesses held for sale and businesses held for use that are expected to continue to exist after the close of the FGL Merger. Such transactions are not eliminated in the Condensed Consolidated Financial Statements in order to appropriately reflect the continuing operations and balances held for sale.

Debt - Additional Information (Detail) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Mar. 31, 2016

Dec. 31, 2015

Mar. 31, 2015

Mar. 31, 2016

Mar. 31, 2015

Nov. 13, 2015

Sep. 30, 2015

Feb. 27, 2015

Feb. 23, 2015

Amortization of debt issuance costs

0.0044

$ 7.1

$ 7.3

Interest Expense

$ 95.8

$ 81.1

193.3

157.5

Amortization of debt discount

0.7

$ 2.4

Debt Instrument, Unamortized Discount (Premium), Net

6,353.8

$ 6,439.1

25.0

$ 25.7

Compass Credit Agreement [Member]

Securities Held as Collateral, at Fair Value

30.0

Borrowing Capacity

$ 175.0

$ 320.0

Line of Credit Facility, Unused Capacity, Commitment Fee Percentage

0.50%

0.375%

Debt Instrument, Unused Borrowing Capacity, Description

0.5

Compass Credit Agreement [Member] | Minimum [Member] | Alternate Base Rate (ABR) [Member]

Compass Credit Agreement [Member] | Minimum [Member] | Eurodollar [Member]

1.25%

0.75%

Compass Credit Agreement [Member] | Maximum [Member] | Alternate Base Rate (ABR) [Member]

2.25%

1.75%

Compass Credit Agreement [Member] | Maximum [Member] | Eurodollar [Member]

2.25%

1.75%

Term Loan Due December 17, 2019 [Member] | London Interbank Offered Rate (LIBOR) [Member]

3.25%

2.75%

HGI [Member] | Seven Point Seven Five Percent Senior Unsecured Notes [Member]

2.75%

7.75%

HGI [Member] | Seven Point Seven Five Percent Senior Unsecured Notes [Member] | Secured Debt [Member]

$ 890.0

HGI [Member] | 7.875% Senior Secured Notes, due July 15, 2019 [Member] | Secured Debt [Member]

7.75%

7.90%

Spectrum Brands [Member] | Six Point Seven Five Percentage Senior Notes [Member] | Secured Debt [Member]

$ 864.4

Spectrum Brands [Member] | Term Loan Due September 4, 2017 [Member] | Interest Rate Floor [Member]

6.60%

6.63%

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

0.75%

Spectrum Brands [Member] | Term Loan Due September 4, 2017 [Member] | Interest Rate Cap [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

2.75%

Spectrum Brands [Member] | Term Loan Due September 4, 2017 [Member] | Base Rate [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

1.75%

Spectrum Brands [Member] | Term Loan Due September 4, 2019 [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

2.50%

Spectrum Brands [Member] | Term Loan Due September 4, 2019 [Member] | Interest Rate Floor [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

0.75%

Spectrum Brands [Member] | Term Loan Due September 4, 2019 [Member] | Base Rate [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

3.50%

Spectrum Brands [Member] | ABL Facility, expiring May 24, 2017 [Member]

Line of Credit Facility, Remaining Borrowing Capacity

$ 300.4

Spectrum Brands [Member] | ABL Facility, expiring May 24, 2017 [Member] | Revolving Credit Facility [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

3.20%

0.00%

Spectrum Brands [Member] | Six Point Three Seven Five Senior Notes [Member] | Secured Debt [Member]

$ 175.0

$ 0.0

Spectrum Brands [Member] | Term Loan Due December 17, 2019 [Member] | Interest Rate Floor [Member]

$ 520.0

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

0.75%

Spectrum Brands [Member] | Term Loan Due December 17, 2019 [Member] | Base Rate [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

2.75%

Spectrum Brands [Member] | Letter of Credit [Member]

Letter of credit outstanding

$ 24.6

Spectrum Brands [Member] | Six Point One Two Five Percentage Senior Notes [Member]

6.10%

Spectrum Brands [Member] | Five Point Seven Five Percentage Senior Notes [Member]

$ 250.0

5.80%

5.75%

EXCO/HGI JV [Member] | Compass Credit Agreement [Member]

$ 1,000.0

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

3.00%

EXCO/HGI JV [Member] | Compass Credit Agreement [Member] | Compass Credit Agreement [Member]

HGI Energy Holdings, LLC [Member] | 6.375% Senior Notes, Due April 1, 2021 [Member] | Secured Debt [Member]

3.70%

^[1]

9.00%

Compass Production Partners [Member] | Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]

^[1]

$ 50.0

Compass Production Partners [Member] | Minimum [Member] | Alternate Base Rate (ABR) [Member]

268.75

Compass Production Partners [Member] | Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]

475

Compass Production Partners [Member] | Maximum [Member] | Alternate Base Rate (ABR) [Member]

368.75

Compass Production Partners [Member] | Compass Credit Agreement [Member]

575

Line of Credit Facility, Fair Value of Amount Outstanding

$ 160.0

Salus Capital Partners L L C [Member] | Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]

Salus Capital Partners L L C [Member] | Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]

2.37%

Salus Capital Partners L L C [Member] | Secured Borrowings Related to non-qualifying participating loan interests [Member]

11.50%

10.50%

Salus Capital Partners L L C [Member] | Collateralized Loan Obligations [Member]

$ 8.8

Salus Capital Partners L L C [Member] | Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member]

$ 248.6

$ 357.7

$ 578.5

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

0.00%

United States of America, Dollars | Spectrum Brands [Member] | Term Loan, Due June 23, 2022 [Member] | Secured Debt [Member]

$ 40.4

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

3.50%

3.90%

United States of America, Dollars | Spectrum Brands [Member] | Euro Term Loan, Due June 23, 2022 [Member] | Secured Debt [Member]

$ 1,220.8

$ 1,226.9

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

3.50%

Canada, Dollars | Spectrum Brands [Member] | CAD Term Loan, Due June 23, 2022 [Member] | Secured Debt [Member]

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

4.50%

4.40%

Euro Member Countries, Euro | Spectrum Brands [Member] | Interest Rate Floor [Member]

$ 57.2

$ 55.7

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

1.75%

Euro Member Countries, Euro | Spectrum Brands [Member] | Euro Term Loan, Due September 4, 2019 [Member] | Secured Debt [Member]

FGL [Member] | Salus Capital Partners L L C [Member] | Secured Borrowings Related to non-qualifying participating loan interests [Member]

$ 257.5

$ 255.8

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

^[1]

4.50%

FGL [Member] | Salus Capital Partners L L C [Member] | Unaffiliated Long-Term Debt of Consolidated Variable-Interest-Entity [Member]

^[1]

$ 4.2

Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate

^[1]

5.50%

3.90%

FGL [Member] | Salus Capital Partners L L C [Member] | Salus Promissory Note [Member]

^[1]

$ 165.0

$ 274.0

^[1]

5.30%

$ 2.5

^[1]

$ 2.5

^[1]

$ 2.5

^[1]

$ 2.5

[1]

Stock Compensation - Summary of Stock Options Outstanding and Related Activity (Detail) - HGI [Member] - $ / shares shares in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
	Dec. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015
Warrant [Member]
Options (in shares):
Stock options outstanding at September 30, 2015	1,800	1,800
Stock options outstanding at March 31, 2016		1,800		1,800
Stock options vested and exercisable at March 31, 2016		600
Weighted Average Exercise Price (in dollars per share):
Granted		$ 13.13		$ 13.13
Stock options vested and exercisable at March 31, 2016	$ 13.13
Weighted Average Grant Date Fair Value (in dollars per share):
Granted		3.22		$ 3.22
Stock options vested and exercisable at March 31, 2016		$ 3.22
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		1,200
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price		$ 13.13
Restricted award expected to vest		$ 3.22
Employee Stock Option [Member]
Options (in shares):
Stock options outstanding at September 30, 2015	4,770	4,770
Granted		28	822
Exercised		(401)
Stock options outstanding at March 31, 2016		4,397		4,770
Stock options vested and exercisable at March 31, 2016		3,347
Weighted Average Exercise Price (in dollars per share):
Granted		$ 13.93
Exercised		8.07
Stock options outstanding at March 31, 2016		9.39		$ 9.25
Stock options vested and exercisable at March 31, 2016		8.40
Weighted Average Grant Date Fair Value (in dollars per share):
Granted		5.07
Exercised		3.12
Stock options outstanding at March 31, 2016		3.77		$ 3.70
Stock options vested and exercisable at March 31, 2016		$ 3.37
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		4,397
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price		$ 9.39
Restricted award expected to vest		$ 3.77

Stock Compensation - Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015
HGI [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted		$ 1,600,000	$ 29,600,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 9.8	$ 9.8
Weighted Average Grant Date Fair Value (in dollars per share):
Exercised/Released		$ 30,300,000	$ 26,200,000
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		(2,305)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value		$ 10.93
Shares:
Restricted award outstanding at September 30, 2012		4,283
Exercised/Released		(99)
Restricted award outstanding at March 31, 2013	2,077	2,077
Weighted Average Grant Date Fair Value (in dollars per share):
Exercised/Released		$ 13.93
Restricted award expected to vest	$ 12.74	12.74		$ 11.74
HGI [Member] \| Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted		$ 13.93
Granted		6
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period		0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value		$ 0.00
Shares:
Restricted award outstanding at September 30, 2012		42
Exercised/Released		0
Restricted award outstanding at March 31, 2013	48	48
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award outstanding at September 30, 2012		$ 12.33
Exercised/Released		0.00
Restricted award expected to vest	$ 12.52	$ 12.52
HGI [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted		28	822
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award expected to vest	$ 3.77	$ 3.77
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		190	133
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		48	132
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		334	264
Spectrum Brands [Member] \| Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted		$ 94.73
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 40.2	$ 40.2	$ 48.6
Stock Issued During Period, Value, Restricted Stock Award, Gross		$ 54.2	$ 47.8
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period		(64)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value		$ 91.67
Shares:
Restricted award outstanding at September 30, 2012		608
Exercised/Released		528
Restricted award outstanding at March 31, 2013	588	588
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award outstanding at September 30, 2012		$ 87.50
Exercised/Released		86.54
Restricted award expected to vest	$ 94.95	$ 94.95
Spectrum Brands [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	130	572
Minimum [Member] \| Spectrum Brands [Member] \| Time Based 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, Outstanding, Weighted Average Remaining Contractual Terms			1 year
Maximum [Member] \| Spectrum Brands [Member] \| Time Based 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, Outstanding, Weighted Average Remaining Contractual Terms		1 year	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

Stock Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 25.0	$ 19.9	$ 40.0	$ 34.0
Executive Bonus Plan [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			1 year
Executive Bonus Plan [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			3 years
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	$ 9.8		$ 9.8
Unrecognized compensation cost expected to recognized, years			1 year 2 months 3 days
Granted			$ 1,600,000	$ 29,600,000
Exercised/Released			$ 30,300,000	$ 26,200,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value			$ 2.1	$ 2.2
Employee Service Share-based Compensation, Cash Received from Exercise of Stock Options			$ 3.2	$ 1.9
HGI [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			3 years	3 years
HGI [Member] \| Stock option awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining contractual term of outstanding stock option awards			7 years 2 months 6 days
HGI [Member] \| Restricted stock awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised/Released			(99)
Equity intruments other than options granted				1,885
Exercised/Released			$ 13.93
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	2,077		2,077		4,283
HGI [Member] \| Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, granted			6
Exercised/Released			0
Equity intruments other than options granted				6
Granted			$ 13.93
Exercised/Released			$ 0.00
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	48		48		42
HGI [Member] \| Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vested and exercisable at March 31, 2016			600
HGI [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term			0.00%	0.00%
Options, granted			28	822
Stock options vested and exercisable at March 31, 2016			3,347
Spectrum Brands [Member] \| Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised/Released			528
Equity intruments other than options granted			572
Stock Issued During Period, Value, Restricted Stock Award, Gross			$ 54.2	$ 47.8
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 40.2	$ 48.6	$ 40.2	$ 48.6
Granted			$ 94.73
Exercised/Released			$ 86.54
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	588		588		608
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			190	133
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			48	132
Spectrum Brands [Member] \| Time Based Restricted Stock Units [Member] \| Minimum [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
Spectrum Brands [Member] \| Time Based Restricted Stock Units [Member] \| Maximum [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	3 years
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			334	264
Spectrum Brands [Member] \| Performance-based and Time-based Shares [Member] \| Maximum [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
Spectrum Brands [Member] \| Performance Shares [Member] \| Maximum [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
Spectrum Brands [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, granted	130		572
Equity intruments other than options granted		296		529
Restricted stock awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,501	3,092	2,130	2,861
Stock option awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,040	1,316	1,172	1,393
Employee Stock Option [Member] \| HGI [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate			1.65454%	1.58%
Volatility			5 years	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate			37.38387%	38.00%
Employee Stock Option [Member] \| HGI [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate			1.74249%	1.87%
Volatility			5 years 6 months	6 years 6 months
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate			37.88565%	39.00%

Stock Compensation - Assumptions Used in Determination of Grant Date Fair Values Using Black-Scholes Option Pricing Model (Detail) - HGI [Member]	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Employee Stock Option [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	1.65454%	1.58%
Expected option term	5 years	5 years
Volatility	37.38387%	38.00%
Employee Stock Option [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	1.74249%	1.87%
Expected option term	5 years 6 months	6 years 6 months
Volatility	37.88565%	39.00%
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Assumed dividend yield	0.00%	0.00%

Stock Compensation Stock compensation - Schedule of Incentive Plan Activity (Details) - Spectrum Brands [Member] - Restricted stock units [Member] - $ / shares shares in Thousands	6 Months Ended
	Mar. 31, 2016	Sep. 30, 2015
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	588	608
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value		$ 87.50
Granted	572
Granted	$ 94.73
Exercised / Released	(528)
Exercised/Released	$ 86.54

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Income Taxes [Line Items]
Effective income tax rate	43.40%	0.30%	16.60%	(1.40%)
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			35.00%
Income tax expense (benefit)	$ 8.9	$ (0.8)	$ 10.8	$ 5.2
Component of Income Tax Benefit Expense, Impairments, Nonrecurring [Member]
Income Taxes [Line Items]
Income tax expense (benefit)				$ 12.3
Spectrum Brands [Member]
Income Taxes [Line Items]
Operating Loss Carryforwards	88.0		88.0
Unrecognized Tax Benefits	$ 209.0		209.0
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount			$ 84.0

Earnings Per Share - Summary of Basic and Diluted EPS (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share	$ (0.08)	$ 0.04	$ (0.30)	$ 0.11
Net Income (Loss) Available to Common Stockholders, Basic	$ (34.8)	$ (228.3)
Weighted Average Number of Shares Outstanding, Diluted	198,521	196,860	198,076	197,583
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent			$ (48.7)	$ 22.8
Net income (loss) attributable to common and participating preferred stockholders	$ (34.8)	$ (228.3)	(68.7)	(338.1)
Net Income (Loss) Attributable to Parent	(34.8)	(228.3)	(68.7)	(338.1)
Income (Loss) from Continuing Operations Attributable to Parent	$ (19.9)	$ (236.9)	$ (8.8)	$ (360.4)
Dilutive adjustments to income (loss) attributable to common shares from assumed conversion of preferred shares, net of tax:
Weighted-average common shares outstanding - basic	198,521	196,860	198,076	197,583
Net loss per common share attributable to controlling interest:
Basic (in dollars per share)	$ (0.18)	$ (1.16)	$ (0.35)	$ (1.71)
Income (Loss) from Continuing Operations, Per Diluted Share	(0.10)	(1.20)	(0.05)	(1.82)
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share	(0.08)	0.04	(0.30)	0.11
Earnings Per Share, Diluted	(0.18)	(1.16)	(0.35)	(1.71)
Income (Loss) from Continuing Operations, Per Basic Share	$ (0.10)	$ (1.20)	$ (0.05)	$ (1.82)
Stock option awards [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,040	1,316	1,172	1,393
Restricted stock awards [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,501	3,092	2,130	2,861
HGI [Member] \| Warrant [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price			$ 13.13		$ 13.13

Earnings Per Share - Additional Information (Details) - $ / shares shares in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Participating Shares	198,521	196,672	198,521	196,672
Basic (in dollars per share)	$ (0.18)	$ (1.16)	$ (0.35)	$ (1.71)
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	1,040	1,316	1,172	1,393
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,800	3,000	1,800	3,000
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	1,501	3,092	2,130	2,861

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