$ 348.8

$ 497.3

Deferred Tax Assets, Net, Noncurrent

1,609.0

1,650.4

Receivables, net

556.5

556.3

Inventories, net

779.7

740.6

48.4

42.6

Property, Plant and Equipment, Net

569.1

543.4

Goodwill

2,464.5

2,478.4

Intangibles, net

2,327.9

2,372.5

Disposal Group, Including Discontinued Operation, Assets, Current

157.2

172.6

26,801.6

26,738.7

Total assets

35,662.7

35,792.8

Insurance reserves:

1,721.9

1,751.3

5,459.0

5,430.9

^[1],[2]

Employee benefit obligations

900.4

989.8

111.7

125.4

Deferred tax liabilities

573.1

546.0

Disposal Group, Including Discontinued Operation, Liabilities, Current

26.7

32.0

25,200.5

25,100.2

HRG Group, Inc. shareholders' equity:

33,993.3

33,975.6

Common stock

2.0

Additional paid-in capital

1,388.0

1,447.1

Accumulated deficit

(819.7)

(1,031.9)

Accumulated other comprehensive (loss) income

(22.2)

220.9

Total HRG Group, Inc. shareholders' equity

548.1

638.1

Noncontrolling interest

1,121.3

1,179.1

Total shareholders' equity

1,669.4

1,817.2

Total liabilities and equity

$ 35,662.7

$ 35,792.8

[1]	The carrying value 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 value of debt set forth above is generally based on quoted or observed market prices.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Revenues:
Net consumer and other product sales	$ 1,211.8	$ 1,218.8
Net investment income	10.7	20.3
Net investment losses	(33.8)	(32.0)
Insurance and investment product fees and other	0.9	2.3
Total revenues	1,189.6	1,209.4
Operating costs and expenses:
Cost of consumer products and other goods sold	761.8	778.1
Benefits and other changes in policy reserves	(11.6)	0.8
Selling, acquisition, operating and general expenses	321.7	330.7
Amortization of intangibles	23.6	23.6
Total operating costs and expenses	1,071.9	1,109.6
Operating income	117.7	99.8
Interest expense	(91.7)	(95.2)
Other income (expense), net	1.4	(0.7)
Income from continuing operations before income taxes	27.4	3.9
Income tax expense (benefit)	25.4	(5.6)
Net income from continuing operations	260.8	7.0
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	2.0	9.5
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	258.8	(2.5)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]
Less: Net income attributable to noncontrolling interest	48.6	40.9
Net income (loss) attributable to controlling interest	212.2	(33.9)
Net income (loss) attributable to common and participating preferred stockholders	212.2	(33.9)
Income (Loss) from Continuing Operations Attributable to Parent	$ (25.5)	(21.8)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		$ (2.5)
Net income (loss) per common share attributable to controlling interest:
Basic (in dollars per share)	$ 1.06	$ (0.17)
Income (Loss) from Continuing Operations, Per Basic Share	(0.13)	(0.11)
Income (Loss) from Continuing Operations, Per Diluted Share	(0.13)	(0.11)
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share	1.19	(0.06)
Earnings Per Share, Diluted	1.06	(0.17)
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share	$ 1.19	$ (0.06)
Consolidated Entities [Member]
Revenues:
Net consumer and other product sales	$ 1,211.8	$ 1,218.8
Net investment income	10.7	20.3
Net investment losses	(33.8)	(32.0)
Insurance and investment product fees and other	0.9	2.3
Total revenues	1,189.6	1,209.4
Operating costs and expenses:
Cost of consumer products and other goods sold	761.8	778.1
Benefits and other changes in policy reserves	(11.6)	0.8
Selling, acquisition, operating and general expenses	321.7	330.7
Total operating costs and expenses	1,071.9	1,109.6
Operating income	117.7	99.8
Interest expense	(91.7)	(95.2)
Other income (expense), net	1.4	(0.7)
Income from continuing operations before income taxes	27.4
Income tax expense (benefit)	25.4	(5.6)
Net income from continuing operations	260.8	7.0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]
Less: Net income attributable to noncontrolling interest	48.6	40.9
Net income (loss) attributable to controlling interest	212.2	(33.9)
Income (Loss) from Continuing Operations Attributable to Parent	2.0	9.5
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	258.8
Discontinued Operations, Held-for-sale [Member]
Operating costs and expenses:
Operating income	0.0	0.0
Net income from continuing operations	258.8	(2.5)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	258.8	(2.5)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]
Less: Net income attributable to noncontrolling interest	21.1	9.6
Consumer Products Segment [Member]
Revenues:
Net consumer and other product sales	1,211.8	1,218.8
Total revenues	1,211.8	1,218.8
Operating costs and expenses:
Cost of consumer products and other goods sold	761.8	778.1
Selling, acquisition, operating and general expenses	299.0	298.2
Total operating costs and expenses	1,060.8	1,076.3
Operating income	151.0	142.5
Interest expense	(55.8)	(58.4)
Other income (expense), net	1.1	(3.5)
Income from continuing operations before income taxes	96.3	80.6
Income tax expense (benefit)	31.1	6.9
Net income from continuing operations	65.2	73.7
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0.0	0.0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]
Less: Net income attributable to noncontrolling interest	27.5	31.1
Net income (loss) attributable to controlling interest	37.7	42.6
HGI [Member] \| Discontinued Operations, Held-for-sale [Member]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]
Net income (loss) attributable to controlling interest	$ 237.7	$ (12.1)

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Net Income (Loss) Attributable to Parent	$ 212,200,000	$ (33,900,000)
Net income	260,800,000	7,000,000
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	2,000,000	9,500,000
Other comprehensive loss
Foreign currency translation losses	(46,100,000)	(20,500,000)
Net unrealized gains on derivative instruments:
Changes in derivative instruments before reclassification adjustment	43,200,000	4,600,000
Net reclassification adjustment for gains included in net income	(4,800,000)	(200,000)
Changes in derivative instruments after reclassification adjustment	38,400,000	4,400,000
Changes in deferred income tax asset/liability	(14,200,000)	(900,000)
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedges,DeferredTaxValuationAllowanceAdjustment		200,000
Net unrealized gains on derivative instruments:	24,200,000	3,700,000
Actuarial adjustments to pension plans:
Changes in actuarial adjustments before reclassification adjustment	3,200,000	800,000
Net reclassification adjustment for losses included in cost of goods sold	800,000	300,000
Net reclassification adjustment for losses included in selling and general and administrative expenses	500,000	300,000
Net actuarial adjustments to pension plans	3,300,000	1,100,000
Unrealized investment losses:
Changes in unrealized investment losses before reclassification adjustment	(667,000,000)	(375,900,000)
Net reclassification adjustment for (gains) losses included in net income	(2,100,000)	7,100,000
Changes in unrealized investment losses after reclassification adjustment	(669,100,000)	(368,800,000)
Adjustments to intangible assets	225,300,000	135,300,000
Changes in deferred income tax asset/liability	154,700,000	80,200,000
Net unrealized losses on investments	(289,100,000.0)	(153,300,000)
Non-credit related other-than-temporary impairment:
Net change to derive comprehensive loss for the period	(307,700,000)	(169,000,000)
Comprehensive loss	(46,900,000)	(162,000,000)
Less: Comprehensive loss attributable to the noncontrolling interest:
Net income	48,600,000	40,900,000
Other comprehensive loss	(63,800,000)	(36,100,000)
Total comprehensive income (loss)	(15,200,000)	4,800,000
Comprehensive loss attributable to the controlling interest	(31,700,000)	(166,800,000)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax	4,500,000	1,400,000
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Tax	(1,300,000)	$ (300,000)
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Change in Deferred Tax Allowance	$ (100,000)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Document Fiscal Year Focus	2017
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	$ 258.8	$ (2.5)
Cash and Cash Equivalents, Period Increase (Decrease)	(148.5)	(94.7)
Write Off Of Debt Issuance Costs On Retired Debt	1.9
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	2.0	9.5
Cash flows from operating activities:
Net income	260.8	7.0
Net Income (Loss) Attributable to Parent	212.2	(33.9)
Adjustments to reconcile net income to operating cash flows from continuing operations:
Depreciation of properties	22.7	23.2
Amortization of intangibles	23.6	23.6
Provision for Loan and Lease Losses	2.9	8.4
Stock-based compensation	11.1	15.0
Amortization of debt issuance costs	3.3	3.4
Amortization of debt discount	0.4	0.3
Deferred income taxes	13.9	(24.5)
Interest credited/index credits to contractholder account balances	(0.5)	(9.1)
Net recognized losses on investments and derivatives	11.7	20.2
Charges assessed to contractholders for policy fees and administration	(0.2)	(0.2)
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries	3.1	3.1
Changes in operating assets and liabilities	(89.0)	(312.4)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	7.9	(221.3)
Cash Provided by (Used in) Operating Activities, Discontinued Operations	72.8	132.4
Net change in cash due to operating activities	80.7	(88.9)
Cash flows from investing activities:
Proceeds from investments sold, matured or repaid	1.0	52.1
Cost of investments acquired	(1.9)	(0.3)
Net asset-based loan repayments	17.4	65.2
Purchases of property, plant and equipment	(28.0)	(17.4)
Other investing activities, net	(0.7)	0.1
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	(12.2)	99.7
Cash Provided by (Used in) Investing Activities, Discontinued Operations	(593.9)	(53.7)
Net change in cash due to investing activities	(606.1)	46.0
Cash flows from financing activities:
Proceeds from issuance of new debt	177.2	230.0
Repayment of debt, including tender and call premiums	(143.7)	(87.6)
Debt issuance costs	(0.5)	(1.0)
Purchases of subsidiary stock, net	(97.6)	(49.6)
Contractholder account deposits	1.5	1.1
Contractholder account withdrawals	(31.1)	(37.0)
Dividend paid by subsidiary to noncontrolling interest	(9.6)	(8.7)
Payments Related to Tax Withholding for Share-based Compensation	(34.9)	(20.6)
Other financing activities, net	0.9	3.4
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	(137.8)	30.0
Cash Provided by (Used in) Financing Activities, Discontinued Operations	288.9	(37.3)
Net change in cash due to financing activities	151.1	(7.3)
Effect of exchange rate changes on cash and cash equivalents	(6.4)	(3.1)
Net Cash Provided by (Used in) Discontinued Operations and Continuing Operations	(380.7)	(53.3)
Net Cash Provided by (Used in) Discontinued Operations	(232.2)	41.4
Cash and cash equivalents at beginning of period	497.3	661.2
Cash and cash equivalents at end of period	$ 348.8	$ 566.5

Description of Business	3 Months Ended
Description of Business	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	HRG Group, Inc. (“HRG” and collectively with its respective subsidiaries, the “Company”) is a holding company that conducts its operations through its operating subsidiaries. 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 two reportable segments: (i) Consumer Products and (ii) Insurance. The Company also owns Salus Capital Partners, LLC, (“Salus”), an asset-based lender, and 99.5% of NZCH Corporation (“NZCH”), a public shell company. From time to time, the Company may manage a portion of its available cash and engage in other activities through its wholly-owned subsidiaries, HGI Funding, LLC (“HGI Funding”) and HGI Energy Holdings, LLC (“HGI Energy”). The Company’s corporate operations, as well as the operations of Salus, HGI Funding, NZCH and HGI Energy are presented in the Corporate and Other segment. For the results of operations by segment, and other segment data, see Note 15, Segment Data and Note 16, Consolidating Financial Information. Consumer Products Segment The Consumer Products segment represents the Company’s 58.3% controlling interest in Spectrum Brands Holdings, Inc. (“Spectrum Brands”). Through its operating subsidiaries, Spectrum Brands is a diversified global branded consumer products company with positions in multiple product lines and 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 December 31, 2016, the Company’s insurance operations were conducted through Front Street Re (Delaware) Ltd., (“Front Street”) and its Bermuda and Cayman-based subsidiaries, Front Street Re Ltd. (“Front Street Bermuda”) and Front Street Re (Cayman) Ltd. (“Front Street Cayman”), respectively. Through Front Street and its Bermuda and Cayman-based subsidiaries, the Company engages in the business of life, annuity and long-term care reinsurance. The Company also owns 80.5% 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. 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 (as amended, the “FGL Merger Agreement” and such merger, the “FGL Merger”) to acquire FGL for $26.80 per share. On November 3, 2016, FGL, Anbang, AB Infinity, and Merger Sub amended the FGL Merger Agreement to extend the outside termination date for the completion of the FGL Merger from November 7, 2016 to February 8, 2017. Accordingly, either party may terminate the FGL Merger Agreement if the closing of the FGL Merger does not occur on or prior to February 8, 2017. As of the date hereof, the parties to the FGL Merger Agreement were in discussions regarding an extension of the outside termination date beyond February 8, 2017. It is expected that FGL will make an announcement on or about February 9, 2017 regarding the outcome of those discussions. 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. Anbang continues to work on securing the remaining required regulatory approvals and the parties are committed to securing such approvals, however, the closing of the FGL Merger, and the timing thereof, is subject to the regulatory review and approval process, none of which can be assured. 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. As a result of the FGL Merger Agreement, 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 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. See Note 4, Divestitures. Corporate and Other As previously announced in November 2016, Mr. Omar Asali, President, Chief Executive Officer and a director of the Company is expected to leave the Company during the fiscal year ending September 30, 2017. In addition, as previously announced in November 2016, the Company’s board of directors initiated a process to explore and evaluate strategic alternatives, which may include, but are not limited to, a merger, sale or other business combination involving the Company and/or its assets. The Company has not set a definitive schedule to complete its review of strategic alternatives and there can be no assurance that this process will result in a transaction, or if a transaction is undertaken, as to its terms or timing. Also, on November 28, 2016, the Company and David Maura, Managing Director and Executive Vice President of Investments of the Company, entered into a Separation and Release Agreement pursuant to which Mr. Maura resigned his employment with the Company, but will continue to serve as the Executive Chairman of Spectrum Brands and its subsidiaries and as a member of the Company’s board of directors.

Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements	3 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation, Significant Accounting Polices and Practicies 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 note 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, 2016, filed with the SEC on November 23, 2016 (the “Form 10-K”). The results of operations for the three months ended December 31, 2016 are not necessarily indicative of the results for any subsequent periods or the entire fiscal year ending September 30, 2017. 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 December 31, 2016, the noncontrolling interest component of total equity primarily represents the 41.7% share of Spectrum Brands and the 19.5% of FGL not owned by HRG. 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 $195.0 and $201.3 at December 31, 2016 and September 30, 2016, 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 $4.0 and $4.2 at December 31, 2016 and September 30, 2016, respectively. Without such permitted statutory accounting practices, Raven Re’s statutory capital and surplus would be $8.3 and $4.6 as of December 31, 2016 and September 30, 2016, 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 statutory carrying value of Raven Re at December 31, 2016 and September 30, 2016 was $207.3 and $210.0, 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 no increase to statutory capital and surplus at December 31, 2016. Recent Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect and that may impact its Condensed Consolidated Financial Statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial condition, results of operations or liquidity. Subsequent Events ASC Topic 855, “Subsequent Events” (“ASC 855”), establishes general standards of accounting and disclosure of events that occur after the balance sheet date but before financial statements are issued or are available to be issued. ASC 855 requires the Company to evaluate events that occur after the balance sheet date through the date the Company’s financial statements are issued and to determine whether adjustments to or additional disclosures in the financial statements are necessary. The Company has evaluated subsequent events through the date these financial statements were issued. See Note 9, Debt, for additional discussion regarding the 2017 Loan Agreement entered into by the Company’s subsidiary on January 13, 2017, pursuant to which it may borrow up to an aggregate amount of $150.0 (the “2017 Loan”). No other significant events occurred subsequent to December 31, 2016.

Risks and Uncertainties Risks and Uncertainties (Notes)

3 Months Ended

Dec. 31, 2016

Risk and Uncertainties [Abstract]

Concentration Risk Disclosure [Text Block]

The Company’s consolidated funds withheld receivables are summarized as follows:



	December 31, 2016
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value		Carrying Value
Funds withheld receivables with FGL
Corporates	$	676.5	$	9.7	$	(32.8	)	$	653.4	$	653.4
Asset/Mortgage-backed securities	197.9		0.5		(7.3		)	191.1		191.1
Municipals	12.1		—		(0.4		)	11.7		11.7
Government bonds	1.1		—		(0.1		)	1.0		1.0
Preferred stock	12.5		0.1		(0.5		)	12.1		12.1
Total funds withheld receivables with FGL	900.1		10.3		(41.1		)	869.3		869.3
Funds withheld receivables with third parties
Corporates	397.5		5.9		(8.8		)	394.6		394.6
Asset/Mortgage-backed securities	133.9		1.7		(1.8		)	133.8		133.8
Municipals	49.4		1.0		(0.6		)	49.8		49.8
Government bonds	82.5		—		(3.9		)	78.6		78.6
Agency bonds	6.7		—		—			6.7		6.7
Total funds withheld receivables with third parties	670.0		8.6		(15.1		)	663.5		663.5
Total fixed maturity and equity securities included in funds withheld receivables	1,570.1		18.9		(56.2		)	1,532.8		1,532.8

Call option receivable from FGL included in funds withheld receivables	9.3		2.9		—			12.2		12.2
Accrued interest	16.6		—		—			16.6		16.6
Net receivables	39.1		—		—			39.1		39.1
Policy loans and other	8.3		—		—			8.3		8.3
Total funds withheld receivables	$	1,643.4	$	21.8	$	(56.2	)	$	1,609.0	$	1,609.0



	September 30, 2016
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value		Carrying Value
Funds withheld receivables with FGL
Corporates	$	638.5	$	18.2	$	(29.5	)	$	627.2	$	627.2
Asset/Mortgage-backed securities	238.8		0.6		(7.9		)	231.5		231.5
Municipals	12.1		0.7		—			12.8		12.8
Government bonds	1.1		—		—			1.1		1.1
Preferred stock	8.8		0.3		(0.9		)	8.2		8.2
Total funds withheld receivables with FGL	899.3		19.8		(38.3		)	880.8		880.8
Funds withheld receivables with third parties
Corporates	390.0		18.8		(2.7		)	406.1		406.1
Asset/Mortgage-backed securities	118.7		1.9		(1.7		)	118.9		118.9
Municipals	49.5		4.1		—			53.6		53.6
Government bonds	67.7		1.3		(0.2		)	68.8		68.8
Agency bonds	6.6		0.3		—			6.9		6.9
Total funds withheld receivables with third parties	632.5		26.4		(4.6		)	654.3		654.3
Total fixed maturity and equity securities included in funds withheld receivables	1,531.8		46.2		(42.9		)	1,535.1		1,535.1

Call option receivable from FGL included in funds withheld receivables	9.8		1.5		—			11.3		11.3
Accrued interest	17.8		—		—			17.8		17.8
Net receivables	77.7		—		—			77.7		77.7
Policy loans and other	8.5		—		—			8.5		8.5
Total funds withheld receivables	$	1,645.6	$	47.7	$	(42.9	)	$	1,650.4	$	1,650.4

Maturities of Funds Withheld Receivables

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



	December 31, 2016
	Amortized Cost		Fair Value
Corporate, Non-structured Hybrids, Municipal and Preferred stock:
Due in one year or less	$	24.9	$	24.9
Due after one year through five years	265.2		261.1
Due after five years through ten years	428.9		423.8
Due after ten years	497.1		477.0
Subtotal	1,216.1		1,186.8
Other securities which provide for periodic payments:
Asset/Mortgage-backed securities	331.8		324.9
Structured hybrids	22.2		21.1
Total fixed maturity and equity securities included in funds withheld receivables	$	1,570.1	$	1,532.8

Securities in Funds Withheld Receivables with FGL in an Unrealized Loss Position

The Company has concluded that the fair value of the securities presented in the table below were not other-than-temporarily impaired as of December 31, 2016. The fair value and gross unrealized losses of securities in the funds withheld receivables with FGL, aggregated by investment category, were as follows:



	December 31, 2016
	Less than 12 months					12 months or longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Funds withheld receivables with FGL
Corporates	$	202.7	$	(7.9	)	$	162.4	$	(24.9	)	$	365.1	$	(32.8	)
Asset/Mortgage-backed securities	44.3		(0.2		)	120.2		(7.1		)	164.5		(7.3		)
Municipals	6.8		(0.4		)	—		—			6.8		(0.4		)
Government bonds	1.0		(0.1		)	—		—			1.0		(0.1		)
Preferred stock	0.9		(0.1		)	5.2		(0.4		)	6.1		(0.5		)
Total funds withheld receivables with FGL	$	255.7	$	(8.7	)	$	287.8	$	(32.4	)	$	543.5	$	(41.1	)
Total number of securities in an unrealized loss position			198					137					335



	September 30, 2016
	Less than 12 months					12 months or longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Funds withheld receivables with FGL
Corporates	$	137.8	$	(12.6	)	$	91.7	$	(16.9	)	$	229.5	$	(29.5	)
Asset/Mortgage-backed securities	73.3		(2.2		)	99.0		(5.7		)	172.3		(7.9		)
Municipals	1.0		—			—		—			1.0		—
Government bonds	0.2		—			—		—			0.2		—
Preferred stock	3.7		(0.9		)	—		—			3.7		(0.9		)
Total funds withheld receivables with FGL	$	216.0	$	(15.7	)	$	190.7	$	(22.6	)	$	406.7	$	(38.3	)
Total number of securities in an unrealized loss position			146					76					222

At December 31, 2016 and September 30, 2016, securities in the funds withheld receivables with FGL in an unrealized loss position were primarily concentrated in investment grade corporate debt instruments.

At December 31, 2016 and September 30, 2016, securities with a fair value of $29.5 and $39.6, respectively, had an unrealized loss greater than 20% of amortized cost, which represented less than 5% of the carrying value of all funds withheld receivables.

For the three months ended December 31, 2016 and 2015, the Company recognized other-than-temporary impairment (“OTTI”) losses in operations totaling $1.0 and $1.4, respectively, related to funds withheld receivables with FGL with an amortized cost of $12.0 and $2.5 and a fair value of $11.0 and $1.1 at December 31, 2016 and 2015, respectively.

Details underlying write-downs taken as a result of OTTI that were recognized in “Net income” and included in “Net investment losses” were as follows:



	Three months ended December 31,
	2016		2015
OTTI recognized in net income:
Corporates	$	1.0	$	1.4
Total	$	1.0	$	1.4

Net investment income

The major sources of “Net investment income” reported in the accompanying Condensed Consolidated Statements of Operations were as follows:



	Three months ended December 31,
	2016		2015
Fixed maturity securities included in funds withheld receivables with FGL	$	10.2	$	15.5
Equity securities included in funds withheld receivables with FGL	0.2		0.6
Asset-based loans	0.3		2.0
Other investments	—		2.2
Net investment income	$	10.7	$	20.3

Net investment losses

The major sources of “Net investment losses” reported in the accompanying Condensed Consolidated Statements of Operations were as follows:



	Three months ended December 31,
	2016			2015
Net realized (losses) gains on fixed maturity securities included in funds withheld receivables with FGL	$	(2.2	)	$	3.3
Realized (losses) gains on equity securities included in funds withheld receivables with FGL	(0.1		)	1.8
Realized gains on certain derivative instruments	3.1			1.9
Change in fair value of embedded derivatives in funds withheld receivables with FGL	(12.2		)	(26.5		)
Realized losses on funds withheld receivables with third parties and other	(22.4		)	(12.5		)
Net investment losses	$	(33.8	)	$	(32.0	)

The modified coinsurance arrangement between FGL Insurance and Front Street created an obligation for the parties to settle a payable or receivable at a later date, which resulted in an embedded derivative. This embedded derivative is considered a total return swap with contractual returns that are attributable to the assets and liabilities associated with this reinsurance arrangement. The fair value of the total return swap is based on the change in fair value of the underlying assets held in the funds withheld portfolio. Investment results for the assets that support the coinsurance with funds withheld reinsurance arrangement, including gains and losses from sales, are passed directly to the reinsurer pursuant to contractual terms of the reinsurance arrangement. The reinsurance related embedded derivative is expected to continue to exist after the disposal of FGL and is therefore not eliminated to appropriately reflect the continuing operations and balances held for sale. It is embedded in the funds withheld receivables with a corresponding asset in business held for sale on the accompanying Condensed Consolidated Balance Sheets and the related gains or losses are reported in net investment gains (losses) with a corresponding income (loss) from discontinued operations on the accompanying Condensed Consolidated Statements of Operations.

Divestitures Divestitures (Notes)

3 Months Ended

Dec. 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]

(4) Divestitures

The following table summarizes the components of “Income (loss) from discontinued operations, net of tax” in the accompanying Condensed Consolidated Statements of Operations for the three months ended December 31, 2016 and 2015:



	Three months ended December 31,
	2016		2015
Income (loss) from discontinued operations, net of tax attributable to FGL	$	258.8	$	(35.6	)
Income from discontinued operations, net of tax attributable to Compass Production Partners, LP (“Compass”)	—		33.1
Income (loss) from discontinued operations, net of tax	$	258.8	$	(2.5	)

FGL Merger Agreement

As previously discussed in Note 1, Description of Business, as a result of the FGL Merger Agreement, 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.

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



	December 31, 2016			September 30, 2016
Assets
Investments, including loans and receivables from affiliates	$	21,192.8		$	21,140.9
Cash and cash equivalents	631.9			863.9
Accrued investment income	200.7			213.7
Reinsurance recoverable	3,443.7			3,463.9
Deferred tax assets	47.2			—
Properties, plant and equipment, net	19.7			18.5
Deferred acquisition costs and value of business acquired, net	1,270.9			1,065.5
Other assets	213.0			335.1
Write-down of assets of business held for sale to fair value less cost to sell	(218.3		)	(362.8		)
Total assets of business held for sale	$	26,801.6		$	26,738.7
Liabilities
Insurance reserves	$	24,134.3		$	23,944.6
Debt	400.0			398.8
Accounts payable and other current liabilities	39.6			57.0
Deferred tax liabilities	—			9.9
Other liabilities	626.6			689.9
Total liabilities of business held for sale	$	25,200.5		$	25,100.2

At December 31, 2016, the carrying value of the Company’s interest in FGL was $218.3 higher than the fair value less cost to sell based on the sales price and as a result, during the three months ended December 31, 2016, the Company partially reversed the previously recorded $362.8 write-down of assets of business held for sale by $144.5.

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 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:



	December 31, 2016		September 30, 2016
Assets
Funds withheld receivable	$	939.5	$	978.8
Other assets	15.0		15.1
Assets of business held for sale	1,349.0		1,375.5
Total assets	$	2,303.5	$	2,369.4
Liabilities
Insurance reserves	$	1,087.5	$	1,119.5
Debt	58.8		63.0
Liabilities of business held for sale	1,157.2		1,186.9
Total liabilities	$	2,303.5	$	2,369.4

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



	Three months ended December 31,
	2016			2015
Revenues:
Insurance premiums	$	11.1		$	15.4
Net investment income	239.8			222.2
Net investment gains	56.3			66.2
Insurance and investment product fees and other	38.3			28.8
Total revenues	345.5			332.6
Operating costs and expenses:
Benefits and other changes in policy reserves	19.9			180.9
Selling, acquisition, operating and general expenses	28.3			28.2
Amortization of intangibles	120.0			33.5
Total operating costs and expenses	168.2			242.6
Operating income	177.3			90.0
Interest expense	(6.1		)	(5.9		)
Write-up of assets of business held for sale to fair value less cost to sell	144.5			—
Net income before income taxes	315.7			84.1
Income tax expense (a)	56.9			119.7
Net income (loss)	258.8			(35.6		)
Less: net income attributable to noncontrolling interest	21.1			9.4
Net income (loss) - attributable to controlling interest	$	237.7		$	(45.0	)

(a) Included in the income tax expense for the three months ended December 31, 2015 was a $90.9 net income tax expense related to the establishment of a deferred tax liability of $338.6 at December 31, 2015, which was a result of classifying the Company’s ownership interest in FGL as held for sale, partially offset by a $247.7 reduction of valuation allowance on HRG’s net operating and capital loss carryforwards expected to offset the FGL taxable gain.

Compass Sale

On July 1, 2016, HGI Energy entered into an agreement to sell its equity interests in Compass to a third party (such agreement, the “Compass Sale Agreement”). During the fourth quarter of the fiscal year 2016, the transactions contemplated by the Compass Sale Agreement were consummated. This sale represented the disposal of all of the Company’s oil and gas properties, which were prior to their disposal accounted for using the full-cost method. The Company has determined that the completion of HGI Energy’s sale of its equity interests in Compass to a third party (the “Compass Sale”) represented a strategic shift for the Company and, accordingly, has presented the results of operations for Compass as discontinued operations in the accompanying Condensed Consolidated Statements of Operations.

The following table summarizes the components of “Net income (loss) from discontinued operations” attributable to Compass in the accompanying Condensed Consolidated Statements of Operations for the three months ended December 31, 2015.



	Three months ended December 31, 2015
Revenues:
Oil and natural gas revenues	$	16.8

Operating costs and expenses:
Oil and natural gas direct operating costs	17.1
Selling, acquisition, operating and general expenses	9.8
Impairments	54.4
Total operating costs and expenses	81.3
Operating loss	(64.5		)
Interest expense	(2.3		)
Gain on sale of oil and gas properties	105.6
Other income, net	1.8
Net income before income taxes	40.6
Income tax expense	7.5
Net income	$	33.1

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=65878427&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=64827811&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=64827811&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=64862545&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=64827811&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=64862545&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=64827811&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=64827811&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=64827811&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=64827811&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=64827811&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=64827811&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=64827811&loc=SL51721683-107760

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

3 Months Ended

Dec. 31, 2016

Derivative Financial Instruments

(5) Derivative Financial Instruments

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



Asset Derivatives	Classification	December 31, 2016		September 30, 2016
Derivatives designated as hedging instruments:
Foreign exchange contracts	Receivables, net	$	10.1	$	5.5
Commodity swaps	Receivables, net	3.3		2.9
Foreign exchange contracts	Other assets	0.1		0.1
Total asset derivatives designated as hedging instruments		13.5		8.5
Derivatives not designated as hedging instruments:
Call option receivable from FGL	Funds withheld receivables	12.2		11.3
Call options	Other assets	8.3		5.9
Foreign exchange contracts	Receivables, net	0.1		0.2
Total asset derivatives		$	34.1	$	25.9



Liability Derivatives	Classification	December 31, 2016		September 30, 2016
Derivatives designated as hedging instruments:
Interest rate swaps	Accounts payable and other current liabilities	$	0.3	$	0.7
Interest rate swaps	Other liabilities	0.4		0.4
Commodity swaps	Accounts payable and other current liabilities	0.2		0.1
Foreign exchange contracts	Accounts payable and other current liabilities	0.1		1.7
Foreign exchange contracts	Other liabilities	0.1		0.1
Total liability derivatives designated as hedging instruments		1.1		3.0
Derivatives not designated as hedging instruments:
Embedded derivatives in Front Street's assumed FIA business	Insurance reserves	121.2		131.2
Foreign exchange contracts	Accounts payable and other current liabilities	0.3		0.2
Total liability derivatives		$	122.6	$	134.4

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 tables summarize the impact of the effective portion of designated hedges and the gain recognized in the accompanying Condensed Consolidated Statements of Operations for the three months ended December 31, 2016 and 2015:



Three months ended December 31, 2016	Classification	Effective portion
		Gain in AOCI		Gain (Loss) reclassified to Earnings
Interest rate swaps	Interest expense	$	0.1	$	(0.3	)
Commodity swaps	Cost of consumer products and other goods sold	0.1		0.8
Net investment hedge	Other income (expense), net	32.5		—
Foreign exchange contracts	Net consumer and other product sales	0.2		—
Foreign exchange contracts	Cost of consumer products and other goods sold	10.3		4.3
		$	43.2	$	4.8



Three months ended December 31, 2015	Classification	Effective portion
		Gain (Loss) in AOCI			Gain (Loss) reclassified to Earnings
Interest rate swaps	Interest expense	$	0.3		$	(0.5	)
Commodity swaps	Cost of consumer products and other goods sold	(1.0		)	(1.4		)
Foreign exchange contracts	Net consumer and other product sales	(0.1		)	—
Foreign exchange contracts	Cost of consumer products and other goods sold	5.4			2.1
		$	4.6		$	0.2

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



		Three months ended December 31,
Classification	Derivatives Not Designated as Hedging Instruments	2016			2015
Revenues:
Net investment losses	Call options	$	3.1		$	1.9
Operating costs and expenses:
Cost of consumer products and other goods sold	Commodity swaps	$	0.1		$	—
Benefits and other changes in policy reserves	Embedded derivatives in Front Street's assumed FIA business	(10.0		)	(2.4		)
Other income (expense), net	Foreign exchange contracts	0.7			(2.1		)

Additional Disclosures

Call options. Derivative financial instruments included within the funds withheld receivables at fair value in the accompanying Condensed Consolidated Balance Sheets are in the form of call options receivable by 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 losses” in the accompanying Condensed Consolidated Statements of Operations.

Call option receivable from FGL. Under the terms of the modified coinsurance arrangement between Front Street and FGL, FGL is required to pay Front Street a portion of the net cost of equity option purchases and the proceeds from expirations related to the equity options which hedge the index credit feature of the reinsured FIA contracts. Accordingly, the receivable from FGL is reflected in “Funds withheld receivables” as of the balance sheet date with changes in fair value recognized within “Net investment losses” in the accompanying Condensed Consolidated Statements of Operations.

Embedded derivatives in Front Street’s assumed FIA business from FGL. 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. Spectrum Brands uses 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) income (“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 expense from the underlying debt to which the swap is designated. As of December 31, 2016 and September 30, 2016, 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 gain estimated to be reclassified from AOCI into earnings over the next 12 months is $0.2, net of tax. Spectrum Brands’ interest rate swap derivative financial instruments at December 31, 2016 and September 30, 2016 were as follows:



	December 31, 2016			September 30, 2016
	Notional		Remaining Years	Notional		Remaining Years
Interest rate swaps - fixed	$	300.0	0.3	$	300.0	0.5

Foreign exchange contracts - cash flow hedges. Spectrum Brands periodically enters into forward foreign exchange contracts to hedge a portion of 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, Canadian Dollars (“CAD”) or Japanese Yen. These foreign exchange contracts are cash flow hedges of fluctuating foreign exchange related to sales of product or raw material purchases. Until the sale or purchase is recognized, the fair value of the related hedge is recorded in AOCI and as a derivative hedge asset or liability, as applicable. At the time the sale or purchase is recognized, the fair value of the related hedge is reclassified as an adjustment to “Net consumer and other product sales” or “Cost of consumer products and other goods sold”, respectively, in the accompanying Condensed Consolidated Statements of Operations. At December 31, 2016, Spectrum Brands had a series of foreign exchange derivative contracts outstanding through December 2017. The derivative net gains estimated to be reclassified from AOCI into earnings over the next 12 months is $4.4, net of tax. At December 31, 2016 and September 30, 2016, Spectrum Brands had foreign exchange derivative contracts designated as cash flow hedges with a notional value of $259.9 and $224.8, 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 December 31, 2016, Spectrum Brands had a series of zinc and brass swap contracts outstanding through December 2017. The derivative net gains estimated to be reclassified from AOCI into earnings over the next 12 months is $1.3, net of tax. Spectrum Brands had the following commodity swap contracts outstanding as of December 31, 2016 and September 30, 2016:



	December 31, 2016			September 30, 2016
	Notional	Contract Value		Notional	Contract Value
Zinc swap contracts (tons)	5.1	$	9.8	6.7	$	12.8
Brass swap contracts (tons)	1.0	3.8		1.0	4.0

Net Investment Hedge. On September 20, 2016, Spectrum Brands, Inc., a subsidiary of Spectrum Brands, issued €425.0 aggregate principal amount of 4.00% Notes at par value, due October 1, 2026 (“4.00% Notes”). Spectrum Brands’ 4.00% Notes are denominated in Euros and have been designated as a net investment hedge of the translation of Spectrum Brands’ net investments in Euro denominated subsidiaries at the time of issuance. As a result, the translation of the Euro denominated debt is recognized in AOCI with any ineffective portion recognized as foreign currency translation gains or losses in the accompanying Condensed Consolidated Statements of Operations when the aggregate principal exceeds the net investment in its Euro denominated subsidiaries. Net gains or losses from the net investment hedge are reclassified from AOCI into earnings upon a liquidation event or deconsolidation of Euro denominated subsidiaries. As of December 31, 2016, the hedge was fully effective and no ineffective portion was recognized in earnings.

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 the 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 December 31, 2016, Spectrum Brands had a series of commodity swaps outstanding through September 2017. Spectrum Brands had the following commodity swaps outstanding as of December 31, 2016 and September 30, 2016:



	December 31, 2016			September 30, 2016
	Notional	Contract Value		Notional	Contract Value
Silver (troy oz.)	20.0	$	0.4	31.0	$	0.6

Foreign exchange contracts - not designated as hedges for accounting purposes- Spectrum Brands. Spectrum Brands periodically enters into forward and swap foreign exchange contracts to economically hedge a portion of 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, CAD, Euros, Pounds Sterling, Taiwanese Dollars, Hong Kong Dollars or Australian Dollars. These foreign exchange contracts are fair value hedges of a related liability or asset recorded in the accompanying Condensed Consolidated Balance Sheets. The gain or loss on the derivative hedge contracts is recorded in earnings as an offset to the change in value of the related liability or asset at each period end. At December 31, 2016, Spectrum Brands had a series of forward exchange contracts outstanding through December 2017. At December 31, 2016 and September 30, 2016, Spectrum Brands had $206.3 and $131.4, respectively, of notional value for such foreign exchange derivative contracts outstanding.

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 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 December 31, 2016 and September 30, 2016.

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 December 31, 2016 and September 30, 2016, there was no cash collateral outstanding. In addition, as of December 31, 2016 and September 30, 2016, 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.

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, at December 31, 2016, 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 was $8.3.

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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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

3 Months Ended

Dec. 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:



	December 31, 2016								September 30, 2016
Assets	Level 1		Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3		Fair Value
Fixed maturity and equity securities included in funds withheld receivables	$	79.6	$	1,406.8	$	46.4	$	1,532.8	$	69.9	$	1,387.1	$	78.1	$	1,535.1
Derivatives:
Call option receivable from FGL included in funds withheld receivables	—		12.2		—		12.2		—		11.3		—		11.3
Call options	—		8.3		—		8.3		—		5.9		—		5.9
Foreign exchange contracts	—		10.3		—		10.3		—		5.8		—		5.8
Commodity contracts	—		3.3		—		3.3		—		2.9		—		2.9
Total financial assets	$	79.6	$	1,440.9	$	46.4	$	1,566.9	$	69.9	$	1,413.0	$	78.1	$	1,561.0
Liabilities
Front Street future policyholder benefit liability	$	—	$	—	$	634.5	$	634.5	$	—	$	—	$	631.8	$	631.8
Derivatives:
Embedded derivatives in Front Street's assumed FIA business	—		—		121.2		121.2		—		—		131.2		131.2
Commodity contracts	—		0.2		—		0.2		—		0.1		—		0.1
Interest rate contracts	—		0.7		—		0.7		—		1.1		—		1.1
Foreign exchange contracts	—		0.5		—		0.5		—		2.0		—		2.0
Total financial liabilities	$	—	$	1.4	$	755.7	$	757.1	$	—	$	3.2	$	763.0	$	766.2

Valuation Methodologies

Reinsurance Agreements with FGL

Front Street Cayman has entered into certain reinsurance agreements with FGL on a funds withheld basis. The funds withheld receivables portfolio related to the reinsurance agreements with FGL consists of investments in debt and equity securities that are carried at fair value with unrealized gains and losses included in AOCI, net of associated intangibles “shadow adjustments” and deferred income taxes. The funds withheld receivables portfolio also includes cash, derivatives and accrued income.

The liabilities for contractholder funds for deferred annuities consist of contract account balances that accrue to the benefit of the contractholders, excluding surrender charges and other liabilities. The liabilities for FIA consist of the value of the host contract plus the value of the embedded derivative. The embedded derivative is carried at fair value in the accompanying Condensed Consolidated Balance Sheets with changes in fair value reported in “Benefits and other changes in policy reserves” in the accompanying Condensed Consolidated Statements of Operations. Liabilities for immediate annuities without life contingencies are recorded at the present value of future benefits.

Liabilities for investment-type contracts are calculated by multiplying the benefit ratio by the cumulative assessments recorded from contract inception through the balance sheet date plus interest. If experience or assumption changes result in a new benefit ratio, the reserves are adjusted to reflect the changes.

The liabilities for future policy benefits and claim reserves life contingent pay-out annuity policies are computed using assumptions for investment yields, mortality and withdrawals based principally on generally accepted actuarial methods and assumptions at the time of contract issue. The investment yield assumptions for life contingent pay-out annuities range from 0.8% to 6.0%.

Reinsurance agreements with third parties

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 with third parties. 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 with third parties are measured at amortized cost, which approximates fair value.

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. Front Street discounts 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.

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.

Funds Withheld Receivables

Through Front Street, the Company measures the fair value of its securities included in the funds withheld receivables portfolio 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 trends executed at broker-quoted or slightly higher prices. The Company did not adjust prices received from third parties as of December 31, 2016. 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.

Derivatives

The fair values of the embedded derivatives in Front Street’s assumed FIA business from FGL 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 options, interest swap rates, mortality multiplier, surrender rates, and non-performance spread. The mortality multiplier at December 31, 2016 and September 30, 2016 was applied to the Annuity 2000 mortality tables. Significant increases or decreases in the market value of an 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.

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 December 31, 2016 and September 30, 2016 were as follows:



	Fair Value at						Range (Weighted average)
Assets	December 31, 2016		September 30, 2016		Valuation Technique	Unobservable Input(s)	December 31, 2016	September 30, 2016
Funds withheld receivables:
Fixed maturity and equity securities	$	34.0	$	35.2	Matrix pricing	Quoted prices	99% - 117% (107%)	98% - 122% (109%)
Fixed maturity securities	5.3		5.4		Loan Recovery Value	Recovery rate	56% - 100% (82%)	56% - 100% (82%)
Fixed maturity securities	6.4		35.7		Broker-quoted	Offered quotes	96% - 100% (98%)	97% - 100% (100%)
Loan participations	0.7		1.8		Loan Recovery Value	Recovery rate	18% - 50% (38%)	52% - 100% (71%)
Total	$	46.4	$	78.1
Liabilities
Front Street future policyholder benefit liability	$	634.5	$	631.8	Discounted cash flow	Non-performance risk spread	0.35%	0.32%
						Risk margin to reflect uncertainty	0.50%	0.50%
Embedded derivatives in Front Street's assumed FIA business	121.2		131.2		Discounted cash flow	Market value of option	0% - 22% (3%)	0% - 27% (2%)
						SWAP rates	2.0%	1.0%
						Mortality multiplier	80%	80%
						Surrender rates	0.50% - 75% (12%)	0.50% - 75% (10%)
						Non-performance risk spread	0.25%	0.25%
Total	$	755.7	$	763.0

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 months ended December 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 December 31, 2016
	Balance at Beginning of Period		Total Gains (Losses)												Net transfer In (Out) of Level 3 (a)			Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements		Net transfer In (Out) of Level 3 (a)			Balance at End of Period
Assets
Funds withheld receivables	$	78.1	$	(1.3	)	$	—	$	3.0	$	(6.3	)	$	—	$	(27.1	)	$	46.4
Total assets at fair value	$	78.1	$	(1.3	)	$	—	$	3.0	$	(6.3	)	$	—	$	(27.1	)	$	46.4

	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	$	631.8	$	(12.6	)	$	—	$	—	$	—		$	15.3	$	—		$	634.5
Embedded derivatives in Front Street's assumed FIA business	131.2		(10.0		)	—		—		—			—		—			121.2
Total liabilities at fair value	$	763.0	$	(22.6	)	$	—	$	—	$	—		$	15.3	$	—		$	755.7

(a) During the three months ended December 31, 2016, the net transfer out of Level 3 was exclusively to Level 2.



	Three months ended December 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
Corporate fixed maturity securities AFS	$	14.1	$	(0.5	)	$	—	$	—	$	(13.6	)	$	—		$	—	$	—
Other invested assets	2.8		2.7			—		—		—			(5.5		)	—		—
Funds withheld receivables	74.7		(1.6		)	—		5.0		(13.0		)	—			—		65.1
Total assets at fair value	$	91.6	$	0.6		$	—	$	5.0	$	(26.6	)	$	(5.5	)	$	—	$	65.1

	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	$	(3.7	)	$	—	$	—	$	—		$	3.5		$	—	$	629.0
Embedded derivatives in Front Street's assumed FIA business	142.3		(2.4		)	—		—		—			—			—		139.9
Total liabilities at fair value	$	771.5	$	(6.1	)	$	—	$	—	$	—		$	3.5		$	—	$	768.9

The Company reviews the fair value hierarchy classifications each reporting period. Changes in the observability of the valuation attributes may result in a reclassification of certain financial assets or liabilities. Such reclassifications are reported as transfers in and out of Level 3, or between other levels, at the beginning fair value for the reporting period in which the changes occur. There were no transfers between Level 1 and Level 2 for three months ended December 31, 2016 and 2015 and there were no transfers in or out of Level 3 for the three months ended December 31, 2015. For the three months ended December 31, 2016, the transfers out of Level 3 were related to changes in the primary pricing source and changes in the observability of external information used in determining fair value.

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:



	December 31, 2016
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets (a)
Asset-based loans, included in other assets	$	—	$	—	$	13.7	$	13.7	$	13.7
Policy loans, included in funds withheld receivables	—		—		8.3		8.3		8.3
Total financial assets	$	—	$	—	$	22.0	$	22.0	$	22.0

Liabilities (a)
Investment contracts, included in contractholder funds and other insurance reserves	$	—	$	—	$	897.7	$	897.7	$	966.2
Total debt (b)	—		5,677.7		23.3		5,701.0		5,459.0
Total financial liabilities	$	—	$	5,677.7	$	921.0	$	6,598.7	$	6,425.2



	September 30, 2016
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets (a)
Asset-based loans, included in other assets	$	—	$	—	$	35.0	$	35.0	$	35.0
Policy loans, included in funds withheld receivables	—		—		8.5		8.5		8.5
Total financial assets	$	—	$	—	$	43.5	$	43.5	$	43.5

Liabilities (a)
Investment contracts, included in contractholder funds and other insurance reserves	$	—	$	—	$	922.9	$	922.9	$	988.3
Total debt (b)	—		5,700.1		29.1		5,729.2		5,430.9
Total financial liabilities	$	—	$	5,700.1	$	952.0	$	6,652.1	$	6,419.2

(a) The carrying value 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 value of debt set forth above is 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 “Reinsurance Agreements with FGL” 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, which may be obtained from a variety of sources, including in certain instances from appraisals prepared by third parties. The impaired loan balance represents those nonaccrual loans for which impairment was recognized during the quarter.

Goodwill and Intangible Assets Disclosure [Abstract]

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

+ References + Details

Goodwill and Intangibles

3 Months Ended

Dec. 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, 2016	$	2,478.4		$	1,473.5		$	899.0		$	2,372.5
Additions	—			—			0.8			0.8
Periodic amortization	—			—			(23.6		)	(23.6		)
Effect of translation	(13.9		)	(13.9		)	(7.9		)	(21.8		)
Balance at December 31, 2016	$	2,464.5		$	1,459.6		$	868.3		$	2,327.9

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:



	December 31, 2016							September 30, 2016
	Cost		Accumulated Amortization			Net		Cost		Accumulated Amortization			Net
Customer relationships	$	973.3	$	(313.2	)	$	660.1	$	984.8	$	(302.9	)	$	681.9
Technology assets	237.8		(102.3		)	135.5		237.2		(96.7		)	140.5
Trade names	165.7		(93.0		)	72.7		165.7		(89.1		)	76.6
	$	1,376.8	$	(508.5	)	$	868.3	$	1,387.7	$	(488.7	)	$	899.0

At December 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	5 to 18 years	11.2 years
Trade names	5 to 13 years	11.4 years

Amortization expense for definite lived intangible assets for the three months ended December 31, 2016 and 2015 was $23.6 and was included in “Selling, acquisition, operating and general expenses” within the accompanying Condensed Consolidated Statements of Operations. 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
2017	$	91.9
2018	85.7
2019	85.4
2020	85.2
2021	81.9

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.

+ References + Details

Debt

3 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

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

The Company’s consolidated debt consists of the following:



	December 31, 2016					September 30, 2016
	Amount			Rate		Amount			Rate		Interest rate
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
USD Term Loan, due June 23, 2022	1,003.0			3.4	%	1,005.5			3.6	%	Variable rate, see below
CAD Term Loan, due June 23, 2022	53.3			4.5	%	54.9			4.6	%	Variable rate, see below
Euro Term Loan, due June 23, 2022	58.8			3.5	%	63.0			3.5	%	Variable rate, see below
6.375% Notes, due November 15, 2020	—			—	%	129.7			6.4	%	Fixed rate
6.625% Notes, due November 15, 2022	570.0			6.6	%	570.0			6.6	%	Fixed rate
6.125% Notes, due December 15, 2024	248.0			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
4.00% Notes, due October 1, 2026	445.8			4.0	%	477.0			4.0	%	Fixed rate
Revolver Facility, expiring June 23, 2020	165.5			5.6	%	—			—	%	Variable rate, see below
Other notes and obligations	26.9			7.7	%	16.8			9.8	%	Variable rate
Obligations under capitalized leases	140.9			5.3	%	114.7			5.5	%	Various
Salus
Unaffiliated long-term debt of consolidated variable-interest entity	37.0			—	%	39.7			—	%	Variable rate, see below
Long-term debt of consolidated variable-interest entity with FGL (a)	58.8			—	%	63.0			—	%	Variable rate, see below
Unaffiliated secured borrowings under non-qualifying loan participations	1.0			—	%	2.0			—	%	Fixed rate
Total	5,563.4					5,540.7
Original issuance discounts on debt, net of premiums	(22.2		)			(22.8		)
Unamortized debt issue costs	(82.2		)			(87.0		)
Total debt	5,459.0					5,430.9
Less current maturities and short-term debt	43.5					166.0
Non-current portion of debt	$	5,415.5				$	5,264.9

(a) 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 accompanying Condensed Consolidated Financial Statements in order to appropriately reflect the continuing operations and balances held for sale.

HRG

On January 13, 2017, subsequent to the end of the fiscal quarter, the Company, through its wholly-owned subsidiaries, entered into the 2017 Loan, pursuant to which it may borrow up to an aggregate amount of $150.0. The 2017 Loan bears interest at an adjusted International Exchange London Interbank Offered Rate (“LIBOR”), plus 2.35% per annum, payable quarterly. The 2017 Loan matures on July 13, 2018, with an option for early termination by the borrower. The 2017 Loan is secured by approximately $508.0 worth of marketable securities owned by a subsidiary of HGI Funding. The Company incurred $1.1 of financing costs in connection with the 2017 Loan which have been capitalized as debt issuance costs and are being amortized through the scheduled maturity date of the loan. As of January 31, 2017, the Company had drawn $50.0 under the 2017 Loan. The 2017 Loan contains a customary mandatory prepayment clause, which requires the borrower to pay back any amounts borrowed under the 2017 Loan if certain events occur, including, but not limited to, a breach of the terms of the agreement by the borrower, a change of control of the borrower or the issuer of the pledged securities or a delisting of the pledged securities.

Spectrum Brands

Interest terms

During three months ended December 31, 2016, Spectrum Brands amended the credit agreement under its term loans reducing the interest rate margins applicable to the U.S. dollar denominated term loan facility (the “USD Term Loan”). At December 31, 2016, Spectrum Brands’ variable interest rate terms were as follows: (i) the USD Term Loan is subject to either adjusted LIBOR, subject to a 0.75% floor, plus margin of 2.50% per annum, or base rate with a 1.75% floor plus margin of 1.50% per annum; (ii) the CAD denominated term loan facility (the “CAD Term Loan”) is subject to either Canadian Dollar Offered Rate, subject to a 0.75% floor plus 3.50% per annum, or base rate plus 2.50% per annum; (iii) the Euro denominated term loan facility (the “Euro Term Loan”) is subject to Euro Interbank Offered Rate, subject to a 0.75% floor, plus margin of 2.75% per annum, with no base rate option available; and (iv) the revolving credit facility (the “Revolver Facility”), is subject to 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 December 31, 2016, the Company had borrowing availability of $300.6, net outstanding letters of credit of $24.7 and a $9.2 amount allocated to a foreign subsidiary.

On October 20, 2016, Spectrum Brands redeemed the remaining outstanding aggregate principal on the 6.375% Notes due 2020 (the “6.375% Notes”) of $129.7 with a make whole premium of $4.6 charge to interest expense for the three months ended December 31, 2016 in connection with the issuance of the €425.0 aggregate principal amount of 4.00% Notes and repurchase of the 6.375% Notes on September 20, 2016.

Salus

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 December 31, 2016 and September 30, 2016, the outstanding notional aggregate principal amount of $37.0 and $39.7, respectively, was taken up by unaffiliated entities and consisted entirely of subordinated debt in both periods, and $58.8 and $63.0, respectively, 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, primarily asset-based loan receivables and carry residual interest subject to maintenance of certain covenants. Due to losses incurred in the CLO, at December 31, 2016 and September 30, 2016, the CLO was not accruing interest on the subordinated debt.

Stock Compensation

3 Months Ended

Dec. 31, 2016

Stock Compensation

The Company recognized consolidated stock-based compensation expense of $11.1 and $15.0 during the three months ended December 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 option awards outstanding as of December 31, 2016 and related activity during the three 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, 2016	4,231		$	9.48	$	3.80
Granted	318		15.39		5.96
Exercised	(77	)	12.33		4.52
Stock options outstanding at December 31, 2016	4,472		9.85		3.94
Stock options vested and exercisable at December 31, 2016	3,902		9.20		3.71
Stock options outstanding and expected to vest	4,472		9.85		3.94

A summary of restricted stock awards, restricted stock units and performance restricted stock units outstanding as of December 31, 2016 and related activity during the three 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, 2016	1,975		$	12.74
Granted	25		15.71
Exercised/Released	(1,543	)	12.57
Nonvested restricted stock outstanding at December 31, 2016	457		13.49



	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, 2016	42		$	12.33	577		$	94.97
Granted	—		—		688		126.97
Vested/Exercised	(42	)	12.33		(477	)	109.31
Forfeited or Expired	—		—		2		110.02
Restricted stock units outstanding at December 31, 2016	—		—		790		114.21

A summary of warrants outstanding as of December 31, 2016 and related activity during the three 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, 2016	1,200	$	13.13	$	3.22
Warrants outstanding at December 31, 2016	1,200	13.13		3.22
Warrants outstanding and expected to vest	1,200	13.13		3.22

HRG

During the three months ended December 31, 2016, HRG granted stock option awards and restricted stock awards representing approximately 318 thousand and 25 thousand, respectively. 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 three months ended December 31, 2016 on their respective grant dates was approximately $2.3. During the three months ended December 31, 2016, stock option awards and restricted stock awards with a total fair value of $23.1 vested. The total intrinsic value of share options exercised during the three months ended December 31, 2016 was $0.2, for which HRG received cash of $1.0 in settlement.

During the three months ended December 31, 2015, HRG granted stock option awards, restricted stock awards and restricted stock unit awards representing approximately 28 thousand, 99 thousand and 6 thousand shares, respectively. 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 three months ended December 31, 2015 on their respective grant dates was approximately $1.6. During the three months ended December 31, 2015, stock option awards and restricted stock awards with a total fair value of $28.1 vested. The total intrinsic value of stock options exercised during the three months ended December 31, 2015 was $2.1, for which HRG received cash of $3.2 in settlement.

Under HRG’s executive bonus plan for the fiscal year ending September 30, 2017, executives will be paid in cash. In addition, executives may also be granted stock, stock options and restricted stock shares.

As of December 31, 2016, there was approximately $3.9 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 1.27 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:



	Three months ended December 31,
	2016	2015
Risk-free interest rate	1.80% to 2.25%	1.65% to 1.74%
Assumed dividend yield	—%	—%
Expected option term	5.0 to 6.5 years	5.0 to 5.5 years
Volatility	35.1% to 37.5%	37.4% to 37.9%

The weighted-average remaining contractual term of outstanding stock option awards and warrants at December 31, 2016 was

5.07 years.

On November 17, 2016, the Company and Mr. Asali entered into a Transition Agreement (the “Transition Agreement”), which provides that Mr. Asali’s options and restricted stock awards that (i) were scheduled to vest and settle on November 29, 2016 vested and settled on such date and (ii) were scheduled to vest and settle on November 29, 2017 will vest and settle on the earlier of March 31, 2017 or such earlier dates specified in the Transition Agreement. In addition, the Transition Agreement provides that, subject to the terms thereof, Mr. Asali will receive from the Company (i) for the fiscal year ended September 30, 2016, a bonus of $8.0 in cash; and (ii) for the fiscal year ending September 30, 2017, (x) a bonus of $3.0 in cash, on the earlier of March 31, 2017 and the date on which the Company announces that it has entered into definitive documentation which, if the transactions contemplated thereby were consummated, would result in a sale, merger, change in control or other strategic transaction of or involving the Company and substantially all of its assets (such transaction, a “Transaction”); and (y) an additional payment of $3.0 (or such higher amount as determined by the Board of Directors), if the Company enters into definitive documentation with respect to a Transaction, Mr. Asali remains employed through the announcement date of such Transaction and shareholder approval for such Transaction is obtained or upon certain other events specified in the Transition Agreement. Under certain circumstances, Mr. Asali will also receive $0.5 in severance and 12 months of COBRA reimbursements. As a result of the foregoing, for the three months ended December 31, 2016, the Company recorded $3.5 of severance liability and corresponding expense with respect to the Transition Agreement.

Spectrum Brands

Spectrum Brands granted restricted stock units representing approximately 688 thousand shares during the three months ended December 31, 2016. Of these grants, 78 thousand restricted stock units vested immediately and 212 thousand restricted stock units are time-based and vest over a period of less than 1 year. The remaining 398 thousand are both performance and time-based and vest over a period of 1 to 3 years. The total market value of the restricted stock units on the dates of the grants was approximately $87.3. The remaining unrecognized pre-tax compensation cost related to restricted stock units at December 31, 2016 was $60.8.

Spectrum Brands granted restricted stock units representing approximately 442 thousand shares during the three months ended December 31, 2015. The 442 thousand restricted stock units granted during the three months ended December 31, 2015 included 112 thousand restricted stock units that vested immediately and 33 thousand restricted stock units are time-based and vest within a period of 1 year. The remaining 297 thousand shares are both performance and time-based and vest over a period ranging from 1 to 2 years. The total market value of the restricted stock units on the dates of the grants was approximately $42.1. The remaining unrecognized pre-tax compensation cost related to restricted stock units at December 31, 2015 was $44.5.

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

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

+ References + Details

Income Taxes	3 Months Ended
Income Taxes	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	For the three months ended December 31, 2016, the Company’s effective tax rate of 92.7% differed from the expected U.S. statutory tax rate of 35.0% and was primarily impacted by U.S. pretax losses in the Company’s Corporate and Other segment where the tax benefits are not more-likely-than-not to be realized resulting in the recording of valuation allowance. For the three months ended December 31, 2015, the Company’s effective tax rate of (143.6)% differed from the expected U.S. statutory tax rate of 35.0% and was impacted by the expected utilization of a portion of Spectrum Brand’s U.S. net operating losses that were previously recorded with valuation allowance against Spectrum Brand’s earnings during the fiscal year 2016 and recognition of tax benefits on losses from the Corporate and Other segment in the U.S. during the fiscal year 2016. The Company determined that a portion of the fiscal year 2016 losses related to the Corporate and Other segment were more-likely-than-not to be realized based on the expected taxable gain from the FGL Merger.

Earnings Per Share

3 Months Ended

Dec. 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 December 31,
	2016			2015
Net loss from continuing operations attributable to controlling interest	$	(25.5	)	$	(21.8	)
Net income (loss) from discontinued operations attributable to controlling interest	237.7			(12.1		)
Net income (loss) attributable to controlling interest	$	212.2		$	(33.9	)

Weighted-average common shares outstanding - basic	199,185			197,507
Weighted-average shares outstanding - diluted	199,185			197,507

Net income (loss) per common share attributable to controlling interest:
Basic loss from continuing operations	$	(0.13	)	$	(0.11	)
Basic income (loss) from discontinued operations	1.19			(0.06		)
Basic	$	1.06		$	(0.17	)

Diluted loss from continuing operations	$	(0.13	)	$	(0.11	)
Diluted income (loss) from discontinued operations	1.19			(0.06		)
Diluted	$	1.06		$	(0.17	)

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 income (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 December 31,
	2016	2015
Unvested restricted stock and restricted stock units	1,326	2,822
Stock options	1,567	1,303
Anti-dilutive warrants	104	—

For the three months ended December 31, 2015, there were 1.8 million outstanding warrants to purchase HRG common stock at an exercise price of $13.125 per share that were excluded from the calculation of “Diluted net income (loss) per common share attributable to controlling interest” because the exercise price per share was above the average stock price for the three months ended December 31, 2015.

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	The Company had aggregate accruals for its legal, environmental and regulatory matters of approximately $7.0 at December 31, 2016, of which $2.6 related to liabilities of business held for sale. The Company and its subsidiaries are involved in litigation and claims arising out of their prior businesses and arising in the ordinary course out of their current businesses, which include, among other things, indemnification and other claims and litigations involving HRG’s and its subsidiaries’ business practices, transactions, workers compensation matters, environmental matters, and personal injury claims. However, based on currently available information, including legal defenses available to the Company, and given the aforementioned accruals and related insurance coverage, the Company does not believe that the outcome of these legal, environmental and regulatory matters will have a material effect on its financial position, results of operations or cash flows. HRG HRG is a defendant in various litigation matters generally arising out of its legacy businesses. HRG does not believe that any of the matters or proceedings presently pending will have a material adverse effect on its results of operations, financial condition, liquidity or cash flows. See discussion above under the heading “Legal and Environmental Matters”. Spectrum Brands Spectrum Brands is a defendant in various litigation matters generally arising out of the ordinary course of business. Spectrum Brands does not believe that any of the matters or proceedings presently pending will have a material adverse effect on its results of operations, financial condition, liquidity or cash flows. See discussion above under the heading “Legal and Environmental Matters”. FGL (Business Held for Sale) 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’s 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 December 31, 2016, FGL had accrued $2.1 for guaranty fund assessments that is expected to be offset by estimated future premium tax deductions of $2.2. 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. (“Cressy”) 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 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. FGL implemented an interest enhancement feature for certain policies as part of the class settlement, which enhancement began on October 12, 2015. On October 24, 2016, the parties filed a joint motion to amend the January 2, 2015 final order and judgment, to extend the deadline for settlement completion from October 24, 2016 to December 5, 2016. On December 5, 2016, Plaintiff Cressy filed a Notice of Filing Declaration of Settlement Administrator and Status of Completion of Settlement; the Declaration of Settlement Administrator included a certification by the Settlement Administrator that FGL had complied in all respects with the class settlement and that all eligible claims had been paid and the interest enhancement had been implemented pursuant to the terms of the class settlement. At December 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 less than $0.1. FGL had incurred and paid $5.9 related to legal fees and other costs and $3.3 related to settlement costs as of December 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 (the “District Court”), captioned Dale R. Ludwick, on behalf of Herself and All Others Similarly Situated v. HRG, FGL Insurance, Raven Re, and Front Street Cayman. The complaint alleges violations of the Racketeer Influenced and Corrupt Organizations Act (“RICO”), requests injunctive and declaratory relief and seeks unspecified compensatory damages for the putative class in an amount not presently determinable, treble damages, and other relief, and claims Plaintiff Ludwick overpaid for her annuity. On April 13, 2015, FGL joined in the filing of a joint motion to dismiss the complaint. On February 12, 2016, the District Court granted the defendants’ joint motion to dismiss. Judgment was entered on February 12, 2016. On March 3, 2016, Plaintiff Ludwick filed a Notice of Appeal to the United States Court of Appeals for the Eighth Circuit (the “Court of Appeals”) from the District Court’s order and judgment. As of December 31, 2016, FGL did not have sufficient information to determine whether it was exposed to any losses that would be either probable or reasonably estimable beyond an expense contingency estimate of $1.7, which was accrued during the year ended September 30, 2016. Unfunded Lending Commitments Salus and FGL had unfunded investment commitments as of December 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 December 31, 2016, the notional amount of unfunded, legally binding lending commitments was approximately $2.3, which all expires in 1 year or less. FGL had unfunded investment commitments of $143.8 as of December 31, 2016.

Related Party Transactions	3 Months Ended
Related Party Transactions	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	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 December 31, 2016. Such CLOs had an aggregate total carrying value of $228.6 and $203.2 as of December 31, 2016 and September 30, 2016, respectively, of which $18.1 and $18.0, respectively, was included in the funds withheld receivables portfolio of Front Street. The Company’s net investment income from such securities was $3.0 and $2.2 for the three months ended December 31, 2016 and 2015, respectively, of which $0.3 and $0.3, respectively, was included in investment income, and the remaining $2.7 and $2.0, respectively, was included in income from discontinued operations.

Segment Data

3 Months Ended

Dec. 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 two reporting segments: (i) Consumer Products and (ii) Insurance.

The following schedules present the Company’s segment information for the three months ended December 31, 2016 and 2015:



	Three months ended December 31,
	2016			2015
Revenues:
Consumer Products	$	1,211.8		$	1,218.8
Insurance	(28.7		)	(10.0		)
Intersegment adjustments and eliminations	6.2			(5.4		)
Consolidated segment revenues	1,189.3			1,203.4
Corporate and Other	0.3			6.0
Total revenues	$	1,189.6		$	1,209.4

Operating income:
Consumer Products	$	151.0		$	142.5
Insurance	(15.4		)	—
Intersegment adjustments and eliminations (a)	2.3			(19.0		)
Total segment operating income	137.9			123.5
Corporate and Other	(20.2		)	(23.7		)
Consolidated operating income	117.7			99.8
Interest expense	(91.7		)	(95.2		)
Other income (expense), net	1.4			(0.7		)
Income from continuing operations before income taxes	27.4			3.9
Income tax expense (benefit)	25.4			(5.6		)
Net income from continuing operations	2.0			9.5
Income (loss) from discontinued operations, net of tax	258.8			(2.5		)
Net income	260.8			7.0
Less: Net income attributable to noncontrolling interest	48.6			40.9
Net income (loss) attributable to controlling interest	$	212.2		$	(33.9	)

(a) For its stand-alone reporting purposes, Front Street elected, since inception, to apply the fair value option to account for its funds withheld receivables, non-funds withheld assets and future policyholder benefits reserves related to its assumed reinsurance. For the Company’s consolidated reporting, the results from Front Street’s assumed reinsurance business with FGL is reported on FGL’s historical basis. Accordingly, in order to align the Company’s consolidated reporting, we have recorded a net intersegment adjustment to operating loss of $3.2 and $17.1 for the three months ended December 31, 2016 and 2015, respectively. Upon completion of the FGL Merger, the Company’s consolidated results will reflect all reinsurance business on the fair value option.

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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&loc=d3e8906-108599

Consolidating Financial Information

Consolidating Financial Information

3 Months Ended

Dec. 31, 2016

Text Block [Abstract]

following schedules present the Company’s accompanying Condensed Consolidated Balance Sheets information at December 31, 2016 and September 30, 2016, and accompanying Condensed Consolidated Statements of Operations information for the three months ended December 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 Salus and HGI Energy. 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



December 31, 2016	Consumer Products		Insurance		Corporate and Other		Discontinued Operations		Eliminations and adjustments			Total
Assets:
Investments in subsidiaries and affiliates	$	—	$	0.6	$	2,362.3	$	—	$	(2,362.9	)	$	—
Affiliated loans and receivables	—		20.2		0.2		—		(20.4		)	—
Cash and cash equivalents	143.3		35.4		170.1		—		—			348.8
Funds withheld receivables	—		1,682.8		—		—		(73.8		)	1,609.0
Receivables, net	546.2		9.7		0.4		—		0.2			556.5
Inventories, net	779.7		—		—		—		—			779.7
Deferred tax assets	18.2		12.4		—		—		17.8			48.4
Property, plant and equipment, net	568.2		—		0.9		—		—			569.1
Goodwill	2,464.5		—		—		—		—			2,464.5
Intangibles, net	2,327.9		—		—		—		—			2,327.9
Other assets	106.5		19.3		15.3		—		16.1			157.2
Assets of business held for sale	—		—		—		26,801.6		—			26,801.6
Total assets	$	6,954.5	$	1,780.4	$	2,549.2	$	26,801.6	$	(2,423.0	)	$	35,662.7



Liabilities and Equity:
Insurance reserves	$	—	$	1,653.3	$	—		$	—	$	68.6		$	1,721.9
Debt	3,656.2		—		1,746.0			—		56.8			5,459.0
Accounts payable and other current liabilities	825.4		6.6		67.9			—		0.5			900.4
Employee benefit obligations	106.5		—		5.2			—		—			111.7
Deferred tax liabilities	563.1		—		9.9			—		0.1			573.1
Other liabilities	17.9		2.8		6.0			—		—			26.7
Affiliated debt and payables	—		0.3		168.4			—		(168.7		)	—
Liabilities of business held for sale	—		—		—			25,200.5		—			25,200.5
Total liabilities	5,169.1		1,663.0		2,003.4			25,200.5		(42.7		)	33,993.3
Total stockholders’ equity	1,003.3		117.4		548.1			1,259.6		(2,380.3		)	548.1
Noncontrolling interests	782.1		—		(2.3		)	341.5		—			1,121.3
Total permanent equity	1,785.4		117.4		545.8			1,601.1		(2,380.3		)	1,669.4
Total liabilities and equity	$	6,954.5	$	1,780.4	$	2,549.2		$	26,801.6	$	(2,423.0	)	$	35,662.7



September 30, 2016	Consumer Products		Insurance		Corporate and Other			Discontinued Operations		Eliminations and adjustments			Total
Assets:
Investment in subsidiaries and affiliates	$	—	$	3.4	$	2,405.3		$	—	$	(2,408.7	)	$	—
Affiliated loans and receivables	—		20.3		0.2			—		(20.5		)	—
Cash and cash equivalents	275.3		32.1		189.9			—		—			497.3
Funds withheld receivables	—		1,725.0		—			—		(74.6		)	1,650.4
Receivables, net	538.2		17.4		0.7			—		—			556.3
Inventories, net	740.6		—		—			—		—			740.6
Deferred tax assets	18.3		8.6		—			—		15.7			42.6
Property, plant and equipment, net	542.1		—		1.3			—		—			543.4
Goodwill	2,478.4		—		—			—		—			2,478.4
Intangibles, net	2,372.5		—		—			—		—			2,372.5
Other assets	103.7		18.1		34.6			—		16.2			172.6
Assets of business held for sale	—		—		—			26,738.7		—			26,738.7
Total assets	$	7,069.1	$	1,824.9	$	2,632.0		$	26,738.7	$	(2,471.9	)	$	35,792.8

Liabilities and Equity:
Insurance reserves	$	—	$	1,685.9	$	—		$	—	$	65.4		$	1,751.3
Debt	3,620.2		—		1,747.7			—		63.0			5,430.9
Accounts payable and other current liabilities	931.6		6.1		51.6			—		0.5			989.8
Employee benefit obligations	120.2		—		5.2			—		—			125.4
Deferred tax liabilities	532.7		—		13.3			—		—			546.0
Other liabilities	20.4		3.5		8.3			—		(0.2		)	32.0
Affiliated debt and payables	—		0.2		171.2			—		(171.4		)	—
Liabilities of business held for sale	—		—		—			25,100.2		—			25,100.2
Total liabilities	5,225.1		1,695.7		1,997.3			25,100.2		(42.7		)	33,975.6
Total stockholders’ equity	1,040.4		129.2		638.1			1,259.6		(2,429.2		)	638.1
Noncontrolling interests	803.6		—		(3.4		)	378.9		—			1,179.1
Total permanent equity	1,844.0		129.2		634.7			1,638.5		(2,429.2		)	1,817.2
Total liabilities and equity	$	7,069.1	$	1,824.9	$	2,632.0		$	26,738.7	$	(2,471.9	)	$	35,792.8

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



Three months ended December 31, 2016	Consumer Products			Insurance			Corporate and Other			Discontinued Operations		Eliminations and adjustments			Total
Revenues:
Net consumer and other product sales	$	1,211.8		$	—		$	—		$	—	$	—		$	1,211.8
Net investment income	—			—			0.3			—		10.4			10.7
Net investment losses	—			(28.7		)	—			—		(5.1		)	(33.8		)
Insurance and investment product fees and other	—			—			—			—		0.9			0.9
Total revenues	1,211.8			(28.7		)	0.3			—		6.2			1,189.6
Operating costs and expenses:
Cost of consumer products and other goods sold	761.8			—			—			—		—			761.8
Benefits and other changes in policy reserves	—			(15.7		)	—			—		4.1			(11.6		)
Selling, acquisition, operating and general expenses	299.0			2.4			20.5			—		(0.2		)	321.7
Total operating costs and expenses	1,060.8			(13.3		)	20.5			—		3.9			1,071.9
Operating income	151.0			(15.4		)	(20.2		)	—		2.3			117.7
Equity in net income of subsidiaries	—			—			263.7			—		(263.7		)	—
Interest expense	(55.8		)	—			(35.9		)	—		—			(91.7		)
Affiliated interest expense	—			—			(1.7		)	—		1.7			—
Other income (expense), net	1.1			—			0.3			—		—			1.4
Income from continuing operations before income taxes	96.3			(15.4		)	206.2			—		(259.7		)	27.4
Income tax expense (benefit)	31.1			(3.8		)	(6.0		)	—		4.1			25.4
Net income from continuing operations	65.2			(11.6		)	212.2			—		(263.8		)	2.0
Income (loss) from discontinued operations, net of tax	—			—			—			258.8		—			258.8
Net income	65.2			(11.6		)	212.2			258.8		(263.8		)	260.8
Less: Net income attributable to noncontrolling interest	27.5			—			—			21.1		—			48.6
Net income (loss) attributable to controlling interest	$	37.7		$	(11.6	)	$	212.2		$	237.7	$	(263.8	)	$	212.2



Three months ended December 31, 2015	Consumer Products			Insurance			Corporate and Other			Discontinued Operations			Eliminations and adjustments			Total
Revenues:
Net consumer and other product sales	$	1,218.8		$	—		$	—		$	—		$	—		$	1,218.8
Net investment income	—			0.9			5.1			—			14.3			20.3
Net investment losses	—			(11.7		)	—			—			(20.3		)	(32.0		)
Insurance and investment product fees and other	—			0.8			0.9			—			0.6			2.3
Total revenues	1,218.8			(10.0		)	6.0			—			(5.4		)	1,209.4
Operating costs and expenses:
Cost of consumer products and other goods sold	778.1			—			—			—			—			778.1
Benefits and other changes in policy reserves	—			(12.4		)	—			—			13.2			0.8
Selling, acquisition, operating and general expenses	298.2			2.4			29.7			—			0.4			330.7
Total operating costs and expenses	1,076.3			(10.0		)	29.7			—			13.6			1,109.6
Operating income	142.5			—			(23.7		)	—			(19.0		)	99.8
Equity in net income of subsidiaries	—			—			20.6			—			(20.6		)	—
Interest expense	(58.4		)	—			(35.7		)	—			(1.1		)	(95.2		)
Affiliated interest expense	—			—			(5.4		)	—			5.4			—
Other income (expense), net	(3.5		)	—			3.0			—			(0.2		)	(0.7		)
Income from continuing operations before income taxes	80.6			—			(41.2		)	—			(35.5		)	3.9
Income tax expense (benefit)	6.9			(1.3		)	(7.5		)	—			(3.7		)	(5.6		)
Net income from continuing operations	73.7			1.3			(33.7		)	—			(31.8		)	9.5
Income (loss) from discontinued operations, net of tax	—			—			—			(2.5		)	—			(2.5		)
Net income	73.7			1.3			(33.7		)	(2.5		)	(31.8		)	7.0
Less: Net income attributable to noncontrolling interest	31.1			—			0.2			9.6			—			40.9
Net income (loss) attributable to controlling interest	$	42.6		$	1.3		$	(33.9	)	$	(12.1	)	$	(31.8	)	$	(33.9	)

Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements (Policies)

3 Months Ended

Dec. 31, 2016

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 $195.0 and $201.3 at December 31, 2016 and September 30, 2016, 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 $4.0 and $4.2 at December 31, 2016 and September 30, 2016, respectively. Without such permitted statutory accounting practices, Raven Re’s statutory capital and surplus would be $8.3 and $4.6 as of December 31, 2016 and September 30, 2016, 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 statutory carrying value of Raven Re at December 31, 2016 and September 30, 2016 was $207.3 and $210.0, 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 no increase to statutory capital and surplus at

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

3 Months Ended

Dec. 31, 2016

Dec. 31, 2015

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

Disposal Groups, Including Discontinued Operations [Table Text Block]



	December 31, 2016			September 30, 2016
Assets
Investments, including loans and receivables from affiliates	$	21,192.8		$	21,140.9
Cash and cash equivalents	631.9			863.9
Accrued investment income	200.7			213.7
Reinsurance recoverable	3,443.7			3,463.9
Deferred tax assets	47.2			—
Properties, plant and equipment, net	19.7			18.5
Deferred acquisition costs and value of business acquired, net	1,270.9			1,065.5
Other assets	213.0			335.1
Write-down of assets of business held for sale to fair value less cost to sell	(218.3		)	(362.8		)
Total assets of business held for sale	$	26,801.6		$	26,738.7
Liabilities
Insurance reserves	$	24,134.3		$	23,944.6
Debt	400.0			398.8
Accounts payable and other current liabilities	39.6			57.0
Deferred tax liabilities	—			9.9
Other liabilities	626.6			689.9
Total liabilities of business held for sale	$	25,200.5		$	25,100.2



	Three months ended December 31,
	2016			2015
Revenues:
Insurance premiums	$	11.1		$	15.4
Net investment income	239.8			222.2
Net investment gains	56.3			66.2
Insurance and investment product fees and other	38.3			28.8
Total revenues	345.5			332.6
Operating costs and expenses:
Benefits and other changes in policy reserves	19.9			180.9
Selling, acquisition, operating and general expenses	28.3			28.2
Amortization of intangibles	120.0			33.5
Total operating costs and expenses	168.2			242.6
Operating income	177.3			90.0
Interest expense	(6.1		)	(5.9		)
Write-up of assets of business held for sale to fair value less cost to sell	144.5			—
Net income before income taxes	315.7			84.1
Income tax expense (a)	56.9			119.7
Net income (loss)	258.8			(35.6		)
Less: net income attributable to noncontrolling interest	21.1			9.4
Net income (loss) - attributable to controlling interest	$	237.7		$	(45.0	)



	Three months ended December 31,
	2016		2015
Income (loss) from discontinued operations, net of tax attributable to FGL	$	258.8	$	(35.6	)
Income from discontinued operations, net of tax attributable to Compass Production Partners, LP (“Compass”)	—		33.1
Income (loss) from discontinued operations, net of tax	$	258.8	$	(2.5	)

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



	December 31, 2016		September 30, 2016
Assets
Funds withheld receivable	$	939.5	$	978.8
Other assets	15.0		15.1
Assets of business held for sale	1,349.0		1,375.5
Total assets	$	2,303.5	$	2,369.4
Liabilities
Insurance reserves	$	1,087.5	$	1,119.5
Debt	58.8		63.0
Liabilities of business held for sale	1,157.2		1,186.9
Total liabilities	$	2,303.5	$	2,369.4



	Three months ended December 31, 2015
Revenues:
Oil and natural gas revenues	$	16.8

Operating costs and expenses:
Oil and natural gas direct operating costs	17.1
Selling, acquisition, operating and general expenses	9.8
Impairments	54.4
Total operating costs and expenses	81.3
Operating loss	(64.5		)
Interest expense	(2.3		)
Gain on sale of oil and gas properties	105.6
Other income, net	1.8
Net income before income taxes	40.6
Income tax expense	7.5
Net income	$	33.1

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=65878427&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=64827811&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=64827811&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=64827811&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=64827811&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=64862545&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=64827811&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=64827811&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=64862545&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=64827811&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=64827811&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=64827811&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=64827811&loc=SL51721677-107760

Schedule of Derivative Instruments [Table Text Block]

Derivative Financial Instruments (Tables)

3 Months Ended

Dec. 31, 2016

Derivative [Line Items]

The swaps effectively fix the floating price on a specified quantity of raw materials through a specified date. At December 31, 2016, Spectrum Brands had a series of zinc and brass swap contracts outstanding through December 2017. The derivative net gains estimated to be reclassified from AOCI into earnings over the next 12 months is $1.3, net of tax. Spectrum Brands had the following commodity swap contracts outstanding as of December 31, 2016 and September 30, 2016:



	December 31, 2016			September 30, 2016
	Notional	Contract Value		Notional	Contract Value
Zinc swap contracts (tons)	5.1	$	9.8	6.7	$	12.8
Brass swap contracts (tons)	1.0	3.8		1.0	4.0



	December 31, 2016			September 30, 2016
	Notional	Contract Value		Notional	Contract Value
Silver (troy oz.)	20.0	$	0.4	31.0	$	0.6

Spectrum Brands’ interest rate swap derivative financial instruments at December 31, 2016 and September 30, 2016 were as follows:



	December 31, 2016			September 30, 2016
	Notional		Remaining Years	Notional		Remaining Years
Interest rate swaps - fixed	$	300.0	0.3	$	300.0	0.5

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	December 31, 2016		September 30, 2016
Derivatives designated as hedging instruments:
Foreign exchange contracts	Receivables, net	$	10.1	$	5.5
Commodity swaps	Receivables, net	3.3		2.9
Foreign exchange contracts	Other assets	0.1		0.1
Total asset derivatives designated as hedging instruments		13.5		8.5
Derivatives not designated as hedging instruments:
Call option receivable from FGL	Funds withheld receivables	12.2		11.3
Call options	Other assets	8.3		5.9
Foreign exchange contracts	Receivables, net	0.1		0.2
Total asset derivatives		$	34.1	$	25.9



Liability Derivatives	Classification	December 31, 2016		September 30, 2016
Derivatives designated as hedging instruments:
Interest rate swaps	Accounts payable and other current liabilities	$	0.3	$	0.7
Interest rate swaps	Other liabilities	0.4		0.4
Commodity swaps	Accounts payable and other current liabilities	0.2		0.1
Foreign exchange contracts	Accounts payable and other current liabilities	0.1		1.7
Foreign exchange contracts	Other liabilities	0.1		0.1
Total liability derivatives designated as hedging instruments		1.1		3.0
Derivatives not designated as hedging instruments:
Embedded derivatives in Front Street's assumed FIA business	Insurance reserves	121.2		131.2
Foreign exchange contracts	Accounts payable and other current liabilities	0.3		0.2
Total liability derivatives		$	122.6	$	134.4

Summary of Gain (Loss) Recognized in Income on Derivatives

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



		Three months ended December 31,
Classification	Derivatives Not Designated as Hedging Instruments	2016			2015
Revenues:
Net investment losses	Call options	$	3.1		$	1.9
Operating costs and expenses:
Cost of consumer products and other goods sold	Commodity swaps	$	0.1		$	—
Benefits and other changes in policy reserves	Embedded derivatives in Front Street's assumed FIA business	(10.0		)	(2.4		)
Other income (expense), net	Foreign exchange contracts	0.7			(2.1		)

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



Three months ended December 31, 2016	Classification	Effective portion
		Gain in AOCI		Gain (Loss) reclassified to Earnings
Interest rate swaps	Interest expense	$	0.1	$	(0.3	)
Commodity swaps	Cost of consumer products and other goods sold	0.1		0.8
Net investment hedge	Other income (expense), net	32.5		—
Foreign exchange contracts	Net consumer and other product sales	0.2		—
Foreign exchange contracts	Cost of consumer products and other goods sold	10.3		4.3
		$	43.2	$	4.8



Three months ended December 31, 2015	Classification	Effective portion
		Gain (Loss) in AOCI			Gain (Loss) reclassified to Earnings
Interest rate swaps	Interest expense	$	0.3		$	(0.5	)
Commodity swaps	Cost of consumer products and other goods sold	(1.0		)	(1.4		)
Foreign exchange contracts	Net consumer and other product sales	(0.1		)	—
Foreign exchange contracts	Cost of consumer products and other goods sold	5.4			2.1
		$	4.6		$	0.2

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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&loc=SL5624171-113959

Reference 8: 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=64837297&loc=SL5579240-113959

Reference 9: 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=64837297&loc=d3e41620-113959

Reference 10: 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)

3 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]



	December 31, 2016
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets (a)
Asset-based loans, included in other assets	$	—	$	—	$	13.7	$	13.7	$	13.7
Policy loans, included in funds withheld receivables	—		—		8.3		8.3		8.3
Total financial assets	$	—	$	—	$	22.0	$	22.0	$	22.0

Liabilities (a)
Investment contracts, included in contractholder funds and other insurance reserves	$	—	$	—	$	897.7	$	897.7	$	966.2
Total debt (b)	—		5,677.7		23.3		5,701.0		5,459.0
Total financial liabilities	$	—	$	5,677.7	$	921.0	$	6,598.7	$	6,425.2



	September 30, 2016
	Level 1		Level 2		Level 3		Fair Value		Carrying Amount
Assets (a)
Asset-based loans, included in other assets	$	—	$	—	$	35.0	$	35.0	$	35.0
Policy loans, included in funds withheld receivables	—		—		8.5		8.5		8.5
Total financial assets	$	—	$	—	$	43.5	$	43.5	$	43.5

Liabilities (a)
Investment contracts, included in contractholder funds and other insurance reserves	$	—	$	—	$	922.9	$	922.9	$	988.3
Total debt (b)	—		5,700.1		29.1		5,729.2		5,430.9
Total financial liabilities	$	—	$	5,700.1	$	952.0	$	6,652.1	$	6,419.2

(b) The fair value of debt set forth above is 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:



	December 31, 2016								September 30, 2016
Assets	Level 1		Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3		Fair Value
Fixed maturity and equity securities included in funds withheld receivables	$	79.6	$	1,406.8	$	46.4	$	1,532.8	$	69.9	$	1,387.1	$	78.1	$	1,535.1
Derivatives:
Call option receivable from FGL included in funds withheld receivables	—		12.2		—		12.2		—		11.3		—		11.3
Call options	—		8.3		—		8.3		—		5.9		—		5.9
Foreign exchange contracts	—		10.3		—		10.3		—		5.8		—		5.8
Commodity contracts	—		3.3		—		3.3		—		2.9		—		2.9
Total financial assets	$	79.6	$	1,440.9	$	46.4	$	1,566.9	$	69.9	$	1,413.0	$	78.1	$	1,561.0
Liabilities
Front Street future policyholder benefit liability	$	—	$	—	$	634.5	$	634.5	$	—	$	—	$	631.8	$	631.8
Derivatives:
Embedded derivatives in Front Street's assumed FIA business	—		—		121.2		121.2		—		—		131.2		131.2
Commodity contracts	—		0.2		—		0.2		—		0.1		—		0.1
Interest rate contracts	—		0.7		—		0.7		—		1.1		—		1.1
Foreign exchange contracts	—		0.5		—		0.5		—		2.0		—		2.0
Total financial liabilities	$	—	$	1.4	$	755.7	$	757.1	$	—	$	3.2	$	763.0	$	766.2

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



	Fair Value at						Range (Weighted average)
Assets	December 31, 2016		September 30, 2016		Valuation Technique	Unobservable Input(s)	December 31, 2016	September 30, 2016
Funds withheld receivables:
Fixed maturity and equity securities	$	34.0	$	35.2	Matrix pricing	Quoted prices	99% - 117% (107%)	98% - 122% (109%)
Fixed maturity securities	5.3		5.4		Loan Recovery Value	Recovery rate	56% - 100% (82%)	56% - 100% (82%)
Fixed maturity securities	6.4		35.7		Broker-quoted	Offered quotes	96% - 100% (98%)	97% - 100% (100%)
Loan participations	0.7		1.8		Loan Recovery Value	Recovery rate	18% - 50% (38%)	52% - 100% (71%)
Total	$	46.4	$	78.1
Liabilities
Front Street future policyholder benefit liability	$	634.5	$	631.8	Discounted cash flow	Non-performance risk spread	0.35%	0.32%
						Risk margin to reflect uncertainty	0.50%	0.50%
Embedded derivatives in Front Street's assumed FIA business	121.2		131.2		Discounted cash flow	Market value of option	0% - 22% (3%)	0% - 27% (2%)
						SWAP rates	2.0%	1.0%
						Mortality multiplier	80%	80%
						Surrender rates	0.50% - 75% (12%)	0.50% - 75% (10%)
						Non-performance risk spread	0.25%	0.25%
Total	$	755.7	$	763.0

Changes in Fair Value of Financial Instruments



	Three months ended December 31, 2016
	Balance at Beginning of Period		Total Gains (Losses)												Net transfer In (Out) of Level 3 (a)			Balance at End of Period
	Balance at Beginning of Period		Included in Earnings			Included in AOCI		Purchases		Sales			Settlements		Net transfer In (Out) of Level 3 (a)			Balance at End of Period
Assets
Funds withheld receivables	$	78.1	$	(1.3	)	$	—	$	3.0	$	(6.3	)	$	—	$	(27.1	)	$	46.4
Total assets at fair value	$	78.1	$	(1.3	)	$	—	$	3.0	$	(6.3	)	$	—	$	(27.1	)	$	46.4

	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	$	631.8	$	(12.6	)	$	—	$	—	$	—		$	15.3	$	—		$	634.5
Embedded derivatives in Front Street's assumed FIA business	131.2		(10.0		)	—		—		—			—		—			121.2
Total liabilities at fair value	$	763.0	$	(22.6	)	$	—	$	—	$	—		$	15.3	$	—		$	755.7

(a) During the three months ended December 31, 2016, the net transfer out of Level 3 was exclusively to Level 2.



	Three months ended December 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
Corporate fixed maturity securities AFS	$	14.1	$	(0.5	)	$	—	$	—	$	(13.6	)	$	—		$	—	$	—
Other invested assets	2.8		2.7			—		—		—			(5.5		)	—		—
Funds withheld receivables	74.7		(1.6		)	—		5.0		(13.0		)	—			—		65.1
Total assets at fair value	$	91.6	$	0.6		$	—	$	5.0	$	(26.6	)	$	(5.5	)	$	—	$	65.1

	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	$	(3.7	)	$	—	$	—	$	—		$	3.5		$	—	$	629.0
Embedded derivatives in Front Street's assumed FIA business	142.3		(2.4		)	—		—		—			—			—		139.9
Total liabilities at fair value	$	771.5	$	(6.1	)	$	—	$	—	$	—		$	3.5		$	—	$	768.9

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

3 Months Ended

Dec. 31, 2016

Dec. 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	5	18
Trade names	5	13

Amortization of intangibles

$ 23.6

Summary of Definite Lived Intangible Assets

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, 2016	$	2,478.4		$	1,473.5		$	899.0		$	2,372.5
Additions	—			—			0.8			0.8
Periodic amortization	—			—			(23.6		)	(23.6		)
Effect of translation	(13.9		)	(13.9		)	(7.9		)	(21.8		)
Balance at December 31, 2016	$	2,464.5		$	1,459.6		$	868.3		$	2,327.9



	December 31, 2016							September 30, 2016
	Cost		Accumulated Amortization			Net		Cost		Accumulated Amortization			Net
Customer relationships	$	973.3	$	(313.2	)	$	660.1	$	984.8	$	(302.9	)	$	681.9
Technology assets	237.8		(102.3		)	135.5		237.2		(96.7		)	140.5
Trade names	165.7		(93.0		)	72.7		165.7		(89.1		)	76.6
	$	1,376.8	$	(508.5	)	$	868.3	$	1,387.7	$	(488.7	)	$	899.0

Summary of Amortization Expense of Definite Lived Intangible Assets



Fiscal Year	Estimated Amortization Expense
2017	$	91.9
2018	85.7
2019	85.4
2020	85.2
2021	81.9

Debt (Tables)

3 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Summary of Debt

The Company’s consolidated debt consists of the following:



	December 31, 2016					September 30, 2016
	Amount			Rate		Amount			Rate		Interest rate
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
USD Term Loan, due June 23, 2022	1,003.0			3.4	%	1,005.5			3.6	%	Variable rate, see below
CAD Term Loan, due June 23, 2022	53.3			4.5	%	54.9			4.6	%	Variable rate, see below
Euro Term Loan, due June 23, 2022	58.8			3.5	%	63.0			3.5	%	Variable rate, see below
6.375% Notes, due November 15, 2020	—			—	%	129.7			6.4	%	Fixed rate
6.625% Notes, due November 15, 2022	570.0			6.6	%	570.0			6.6	%	Fixed rate
6.125% Notes, due December 15, 2024	248.0			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
4.00% Notes, due October 1, 2026	445.8			4.0	%	477.0			4.0	%	Fixed rate
Revolver Facility, expiring June 23, 2020	165.5			5.6	%	—			—	%	Variable rate, see below
Other notes and obligations	26.9			7.7	%	16.8			9.8	%	Variable rate
Obligations under capitalized leases	140.9			5.3	%	114.7			5.5	%	Various
Salus
Unaffiliated long-term debt of consolidated variable-interest entity	37.0			—	%	39.7			—	%	Variable rate, see below
Long-term debt of consolidated variable-interest entity with FGL (a)	58.8			—	%	63.0			—	%	Variable rate, see below
Unaffiliated secured borrowings under non-qualifying loan participations	1.0			—	%	2.0			—	%	Fixed rate
Total	5,563.4					5,540.7
Original issuance discounts on debt, net of premiums	(22.2		)			(22.8		)
Unamortized debt issue costs	(82.2		)			(87.0		)
Total debt	5,459.0					5,430.9
Less current maturities and short-term debt	43.5					166.0
Non-current portion of debt	$	5,415.5				$	5,264.9

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=64930739&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=64930785&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=64930785&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)

3 Months Ended

Dec. 31, 2016

Fair Value, Measurement Inputs, Disclosure [Text Block]

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

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 December 31, 2016 and related activity during the three 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, 2016	1,200	$	13.13	$	3.22
Warrants outstanding at December 31, 2016	1,200	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 option awards outstanding as of December 31, 2016 and related activity during the three 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, 2016	4,231		$	9.48	$	3.80
Granted	318		15.39		5.96
Exercised	(77	)	12.33		4.52
Stock options outstanding at December 31, 2016	4,472		9.85		3.94
Stock options vested and exercisable at December 31, 2016	3,902		9.20		3.71
Stock options outstanding and expected to vest	4,472		9.85		3.94

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, 2016	1,975		$	12.74
Granted	25		15.71
Exercised/Released	(1,543	)	12.57
Nonvested restricted stock outstanding at December 31, 2016	457		13.49



	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, 2016	42		$	12.33	577		$	94.97
Granted	—		—		688		126.97
Vested/Exercised	(42	)	12.33		(477	)	109.31
Forfeited or Expired	—		—		2		110.02
Restricted stock units outstanding at December 31, 2016	—		—		790		114.21

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:



	Three months ended December 31,
	2016	2015
Risk-free interest rate	1.80% to 2.25%	1.65% to 1.74%
Assumed dividend yield	—%	—%
Expected option term	5.0 to 6.5 years	5.0 to 5.5 years
Volatility	35.1% to 37.5%	37.4% to 37.9%

Related Party Transactions Schedule of related party investments (Tables)	3 Months Ended
	Dec. 31, 2016
Related Party Transaction [Line Items]
Related Party Transactions	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 December 31, 2016. Such CLOs had an aggregate total carrying value of $228.6 and $203.2 as of December 31, 2016 and September 30, 2016, respectively, of which $18.1 and $18.0, respectively, was included in the funds withheld receivables portfolio of Front Street. The Company’s net investment income from such securities was $3.0 and $2.2 for the three months ended December 31, 2016 and 2015, respectively, of which $0.3 and $0.3, respectively, was included in investment income, and the remaining $2.7 and $2.0, respectively, was included in income from discontinued operations.

Segment Data (Tables)

3 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Information

The following schedules present the Company’s segment information for the three months ended December 31, 2016 and 2015:



	Three months ended December 31,
	2016			2015
Revenues:
Consumer Products	$	1,211.8		$	1,218.8
Insurance	(28.7		)	(10.0		)
Intersegment adjustments and eliminations	6.2			(5.4		)
Consolidated segment revenues	1,189.3			1,203.4
Corporate and Other	0.3			6.0
Total revenues	$	1,189.6		$	1,209.4

Operating income:
Consumer Products	$	151.0		$	142.5
Insurance	(15.4		)	—
Intersegment adjustments and eliminations (a)	2.3			(19.0		)
Total segment operating income	137.9			123.5
Corporate and Other	(20.2		)	(23.7		)
Consolidated operating income	117.7			99.8
Interest expense	(91.7		)	(95.2		)
Other income (expense), net	1.4			(0.7		)
Income from continuing operations before income taxes	27.4			3.9
Income tax expense (benefit)	25.4			(5.6		)
Net income from continuing operations	2.0			9.5
Income (loss) from discontinued operations, net of tax	258.8			(2.5		)
Net income	260.8			7.0
Less: Net income attributable to noncontrolling interest	48.6			40.9
Net income (loss) attributable to controlling interest	$	212.2		$	(33.9	)

Consolidating Financial Information (Tables)

3 Months Ended

Dec. 31, 2016

Text Block [Abstract]

Schedule of Balance Sheet Information

HRG Group, Inc. - Condensed Consolidating Balance Sheets Information



December 31, 2016	Consumer Products		Insurance		Corporate and Other		Discontinued Operations		Eliminations and adjustments			Total
Assets:
Investments in subsidiaries and affiliates	$	—	$	0.6	$	2,362.3	$	—	$	(2,362.9	)	$	—
Affiliated loans and receivables	—		20.2		0.2		—		(20.4		)	—
Cash and cash equivalents	143.3		35.4		170.1		—		—			348.8
Funds withheld receivables	—		1,682.8		—		—		(73.8		)	1,609.0
Receivables, net	546.2		9.7		0.4		—		0.2			556.5
Inventories, net	779.7		—		—		—		—			779.7
Deferred tax assets	18.2		12.4		—		—		17.8			48.4
Property, plant and equipment, net	568.2		—		0.9		—		—			569.1
Goodwill	2,464.5		—		—		—		—			2,464.5
Intangibles, net	2,327.9		—		—		—		—			2,327.9
Other assets	106.5		19.3		15.3		—		16.1			157.2
Assets of business held for sale	—		—		—		26,801.6		—			26,801.6
Total assets	$	6,954.5	$	1,780.4	$	2,549.2	$	26,801.6	$	(2,423.0	)	$	35,662.7



Liabilities and Equity:
Insurance reserves	$	—	$	1,653.3	$	—		$	—	$	68.6		$	1,721.9
Debt	3,656.2		—		1,746.0			—		56.8			5,459.0
Accounts payable and other current liabilities	825.4		6.6		67.9			—		0.5			900.4
Employee benefit obligations	106.5		—		5.2			—		—			111.7
Deferred tax liabilities	563.1		—		9.9			—		0.1			573.1
Other liabilities	17.9		2.8		6.0			—		—			26.7
Affiliated debt and payables	—		0.3		168.4			—		(168.7		)	—
Liabilities of business held for sale	—		—		—			25,200.5		—			25,200.5
Total liabilities	5,169.1		1,663.0		2,003.4			25,200.5		(42.7		)	33,993.3
Total stockholders’ equity	1,003.3		117.4		548.1			1,259.6		(2,380.3		)	548.1
Noncontrolling interests	782.1		—		(2.3		)	341.5		—			1,121.3
Total permanent equity	1,785.4		117.4		545.8			1,601.1		(2,380.3		)	1,669.4
Total liabilities and equity	$	6,954.5	$	1,780.4	$	2,549.2		$	26,801.6	$	(2,423.0	)	$	35,662.7



September 30, 2016	Consumer Products		Insurance		Corporate and Other			Discontinued Operations		Eliminations and adjustments			Total
Assets:
Investment in subsidiaries and affiliates	$	—	$	3.4	$	2,405.3		$	—	$	(2,408.7	)	$	—
Affiliated loans and receivables	—		20.3		0.2			—		(20.5		)	—
Cash and cash equivalents	275.3		32.1		189.9			—		—			497.3
Funds withheld receivables	—		1,725.0		—			—		(74.6		)	1,650.4
Receivables, net	538.2		17.4		0.7			—		—			556.3
Inventories, net	740.6		—		—			—		—			740.6
Deferred tax assets	18.3		8.6		—			—		15.7			42.6
Property, plant and equipment, net	542.1		—		1.3			—		—			543.4
Goodwill	2,478.4		—		—			—		—			2,478.4
Intangibles, net	2,372.5		—		—			—		—			2,372.5
Other assets	103.7		18.1		34.6			—		16.2			172.6
Assets of business held for sale	—		—		—			26,738.7		—			26,738.7
Total assets	$	7,069.1	$	1,824.9	$	2,632.0		$	26,738.7	$	(2,471.9	)	$	35,792.8

Liabilities and Equity:
Insurance reserves	$	—	$	1,685.9	$	—		$	—	$	65.4		$	1,751.3
Debt	3,620.2		—		1,747.7			—		63.0			5,430.9
Accounts payable and other current liabilities	931.6		6.1		51.6			—		0.5			989.8
Employee benefit obligations	120.2		—		5.2			—		—			125.4
Deferred tax liabilities	532.7		—		13.3			—		—			546.0
Other liabilities	20.4		3.5		8.3			—		(0.2		)	32.0
Affiliated debt and payables	—		0.2		171.2			—		(171.4		)	—
Liabilities of business held for sale	—		—		—			25,100.2		—			25,100.2
Total liabilities	5,225.1		1,695.7		1,997.3			25,100.2		(42.7		)	33,975.6
Total stockholders’ equity	1,040.4		129.2		638.1			1,259.6		(2,429.2		)	638.1
Noncontrolling interests	803.6		—		(3.4		)	378.9		—			1,179.1
Total permanent equity	1,844.0		129.2		634.7			1,638.5		(2,429.2		)	1,817.2
Total liabilities and equity	$	7,069.1	$	1,824.9	$	2,632.0		$	26,738.7	$	(2,471.9	)	$	35,792.8

Schedule of Income Statement Information

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



Three months ended December 31, 2016	Consumer Products			Insurance			Corporate and Other			Discontinued Operations		Eliminations and adjustments			Total
Revenues:
Net consumer and other product sales	$	1,211.8		$	—		$	—		$	—	$	—		$	1,211.8
Net investment income	—			—			0.3			—		10.4			10.7
Net investment losses	—			(28.7		)	—			—		(5.1		)	(33.8		)
Insurance and investment product fees and other	—			—			—			—		0.9			0.9
Total revenues	1,211.8			(28.7		)	0.3			—		6.2			1,189.6
Operating costs and expenses:
Cost of consumer products and other goods sold	761.8			—			—			—		—			761.8
Benefits and other changes in policy reserves	—			(15.7		)	—			—		4.1			(11.6		)
Selling, acquisition, operating and general expenses	299.0			2.4			20.5			—		(0.2		)	321.7
Total operating costs and expenses	1,060.8			(13.3		)	20.5			—		3.9			1,071.9
Operating income	151.0			(15.4		)	(20.2		)	—		2.3			117.7
Equity in net income of subsidiaries	—			—			263.7			—		(263.7		)	—
Interest expense	(55.8		)	—			(35.9		)	—		—			(91.7		)
Affiliated interest expense	—			—			(1.7		)	—		1.7			—
Other income (expense), net	1.1			—			0.3			—		—			1.4
Income from continuing operations before income taxes	96.3			(15.4		)	206.2			—		(259.7		)	27.4
Income tax expense (benefit)	31.1			(3.8		)	(6.0		)	—		4.1			25.4
Net income from continuing operations	65.2			(11.6		)	212.2			—		(263.8		)	2.0
Income (loss) from discontinued operations, net of tax	—			—			—			258.8		—			258.8
Net income	65.2			(11.6		)	212.2			258.8		(263.8		)	260.8
Less: Net income attributable to noncontrolling interest	27.5			—			—			21.1		—			48.6
Net income (loss) attributable to controlling interest	$	37.7		$	(11.6	)	$	212.2		$	237.7	$	(263.8	)	$	212.2



Three months ended December 31, 2015	Consumer Products			Insurance			Corporate and Other			Discontinued Operations			Eliminations and adjustments			Total
Revenues:
Net consumer and other product sales	$	1,218.8		$	—		$	—		$	—		$	—		$	1,218.8
Net investment income	—			0.9			5.1			—			14.3			20.3
Net investment losses	—			(11.7		)	—			—			(20.3		)	(32.0		)
Insurance and investment product fees and other	—			0.8			0.9			—			0.6			2.3
Total revenues	1,218.8			(10.0		)	6.0			—			(5.4		)	1,209.4
Operating costs and expenses:
Cost of consumer products and other goods sold	778.1			—			—			—			—			778.1
Benefits and other changes in policy reserves	—			(12.4		)	—			—			13.2			0.8
Selling, acquisition, operating and general expenses	298.2			2.4			29.7			—			0.4			330.7
Total operating costs and expenses	1,076.3			(10.0		)	29.7			—			13.6			1,109.6
Operating income	142.5			—			(23.7		)	—			(19.0		)	99.8
Equity in net income of subsidiaries	—			—			20.6			—			(20.6		)	—
Interest expense	(58.4		)	—			(35.7		)	—			(1.1		)	(95.2		)
Affiliated interest expense	—			—			(5.4		)	—			5.4			—
Other income (expense), net	(3.5		)	—			3.0			—			(0.2		)	(0.7		)
Income from continuing operations before income taxes	80.6			—			(41.2		)	—			(35.5		)	3.9
Income tax expense (benefit)	6.9			(1.3		)	(7.5		)	—			(3.7		)	(5.6		)
Net income from continuing operations	73.7			1.3			(33.7		)	—			(31.8		)	9.5
Income (loss) from discontinued operations, net of tax	—			—			—			(2.5		)	—			(2.5		)
Net income	73.7			1.3			(33.7		)	(2.5		)	(31.8		)	7.0
Less: Net income attributable to noncontrolling interest	31.1			—			0.2			9.6			—			40.9
Net income (loss) attributable to controlling interest	$	42.6		$	1.3		$	(33.9	)	$	(12.1	)	$	(31.8	)	$	(33.9	)

Description of Business, Basis of Presentation and Recent Accounting Pronouncements - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Dec. 31, 2016	Jan. 31, 2017	Jan. 13, 2017	Sep. 30, 2016	Nov. 08, 2015
Business Acquisition [Line Items]
Goodwill	$ 2,464.5			$ 2,478.4
Document Period End Date	Dec. 31, 2016
Funds Withheld Receivable	$ 1,609.0			1,650.4
Severance Costs	0.5
Long-term Debt	$ 5,563.4			$ 5,540.7
Zap Com Corporation [Member]
Business Acquisition [Line Items]
Percentage Of Ownership Interest	99.50%
Spectrum Brands [Member]
Business Acquisition [Line Items]
Percentage Of Ownership Interest	58.30%
FGL [Member]
Business Acquisition [Line Items]
Percentage Of Ownership Interest	80.50%
FGL [Member] \| Anbang Insurance Group Co., Ltd. [Member]
Business Acquisition [Line Items]
Business Acquisition, Share Price					$ 26.80
Severance Cost, Accrued Bonus [Member]
Business Acquisition [Line Items]
Severance Costs	$ 8.0
Subsequent Event [Member] \| Margin Loan, due July 13, 2018 [Member]
Business Acquisition [Line Items]
Security Owned and Pledged as Collateral, Fair Value			$ 508.0
Subsequent Event [Member] \| Margin Loan, due July 13, 2018 [Member] \| Secured Debt [Member]
Business Acquisition [Line Items]
Debt Issuance Costs, Gross			1.1
Line of Credit Facility, Maximum Borrowing Capacity			$ 150.0
Long-term Debt		$ 50.0
Interest Rate Cap [Member] \| Spectrum Brands [Member] \| Revolving Credit Facility [Member] \| Maximum [Member]
Business Acquisition [Line Items]
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	2.75%
Interest Rate Cap [Member] \| Subsequent Event [Member] \| Margin Loan, due July 13, 2018 [Member] \| Secured Debt [Member]
Business Acquisition [Line Items]
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate			2.35%

Basis of Presentation, Significant Accounting Polices and Practicies and Recent Accounting Pronouncements Basis of Presentation - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Jan. 13, 2017	Sep. 30, 2016
Basis of Presentation [Line Items]
Earnings Per Share, Diluted	$ 1.06	$ (0.17)
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share	1.19	(0.06)
Income (Loss) from Continuing Operations, Per Diluted Share	(0.13)	(0.11)
Earnings Per Share, Basic	1.06	(0.17)
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share	1.19	(0.06)
Income (Loss) from Continuing Operations, Per Basic Share	$ (0.13)	$ (0.11)
Net Income (Loss) Attributable to Parent	$ 212.2	$ (33.9)
Less: Net income attributable to noncontrolling interest	48.6	40.9
Net income	260.8	7.0
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	258.8	(2.5)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	2.0	9.5
Income tax expense (benefit)	$ 25.4	$ (5.6)
Document Period End Date	Dec. 31, 2016
Deferred Finance Costs, Net	$ 82.2			$ 87.0
FGL [Member]
Basis of Presentation [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	19.50%
Raven Re [Member]
Basis of Presentation [Line Items]
Statutory Accounting Practices, Statutory Capital and Surplus, Balance	$ 195.0			201.3
Statutory Accounting Practices, Permitted Practice, Change in Statutory Capital and Surplus	4.0			4.2
Statutory Accounting Practices, Non-Permitted Practice, Change in Statutory Capital and Surplus	(8.3)			(4.6)
Statutory Accounting Practices, Statutory Capital and Surplus, Change in Permitted Practice to Non-Permitted, Balance	$ 207.3			$ 210.0
Secured Debt [Member] \| Subsequent Event [Member] \| Margin Loan, due July 13, 2018 [Member]
Basis of Presentation [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 150.0

Risks and Uncertainties Risks and Uncertainties - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Concentration Risk [Line Items]
Document Period End Date	Dec. 31, 2016
Industry Holdings, Number of Top Investments	10
Allowance for Doubtful Accounts Receivable, Current	$ (48.0)		$ (46.8)
Credit Concentration Risk [Member]
Concentration Risk [Line Items]
Percentage Of Net Sales Due To Customers	11.60%	13.10%
Fair Value, Concentration of Risk, All Financial Instruments [Member] \| Financial Services Sector [Member]
Concentration Risk [Line Items]
Number Of Investment Holdings In Industry	87		81
Equity Securities Holdings Exposure Amount of Single Issuer Greater than Stated Percentage of Total Investments	46.40%		48.00%
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	73		74
Equity Securities Holdings Exposure Amount of Single Issuer Greater than Stated Percentage of Total Investments	42.80%		43.40%
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%		14.10%
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	11.80%		11.40%
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	$ 247.0		$ 232.8
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	$ 189.7		$ 188.6

Divestitures Divestitures - Schedule of assets and liabilities held for sale (Details) - FGL [Member] - USD ($) $ in Millions	Dec. 31, 2016	Sep. 30, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Investment	$ 21,192.8	$ 21,140.9
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents	631.9	863.9
Disposal Group, Including Discontinued Operation, Accrued Investment Income	200.7	213.7
Disposal Group, Including Discontinued Operation, Reinsurance Recoverable	3,443.7	3,463.9
Disposal Group, Including Discontinued Operation, Deferred Tax Assets	47.2	0.0
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment	19.7	18.5
Disposal Group, Including Discontinued Operation, Intangible Assets	1,270.9	1,065.5
Disposal Group, Including Discontinued Operation, Other Assets	213.0	335.1
Disposal Group, Including Discontinued Operation, Write-down of assets held for sale to fair value less costs to sell	(218.3)	(362.8)
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Disposal Group, Including Discontinued Operation, Assets	26,801.6	26,738.7
Disposal Group, Including Discontinued Operation, Insurance Reserves	24,134.3	23,944.6
Disposal Group, Including Discontinued Operation, Debt	400.0	398.8
Disposal Group, Including Discontinued Operation, Accounts Payable and Accrued Liabilities	39.6	57.0
Disposal Group, Including Discontinued Operation, Deferred Tax Liabilities, Current	0.0	9.9
Disposal Group, Including Discontinued Operation, Other Liabilities	626.6	689.9
Disposal Group, Including Discontinued Operation, Liabilities	$ 25,200.5	$ 25,100.2

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

3 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Sep. 30, 2016

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

2017

$ 1,609.0

$ 1,650.4

Disposal Group, Including Discontinued Operation, Assets, Current

157.2

172.6

26,801.6

26,738.7

Assets

35,662.7

35,792.8

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

258.8

$ (2.5)

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

(2.5)

1,721.9

1,751.3

5,459.0

5,430.9

^[1],[2]

900.4

989.8

Disposal Group, Including Discontinued Operation, Liabilities, Current

26.7

32.0

25,200.5

25,100.2

Selling, acquisition, operating and general expenses

33,993.3

33,975.6

321.7

330.7

Total operating costs and expenses

1,071.9

1,109.6

Operating Income (Loss)

117.7

99.8

(91.7)

(95.2)

Net income from continuing operations

1.4

(0.7)

260.8

7.0

Income tax expense (benefit)

25.4

(5.6)

Less: Net income attributable to noncontrolling interest

48.6

40.9

Net income (loss) attributable to controlling interest

212.2

(33.9)

Compass Production Partners G.P. [Member]

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

Disposal Group, Including Discontinued Operation, Revenue

16.8

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

40.6

Oil and Gas Production Expense

17.1

Selling, acquisition, operating and general expenses

9.8

Asset Impairment Charges

54.4

Total operating costs and expenses

81.3

Operating Income (Loss)

(64.5)

Gain (Loss) on Disposition of Oil and Gas Property

(2.3)

105.6

Net income from continuing operations

1.8

0.0

33.1

Income tax expense (benefit)

7.5

FGL [Member]

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

Disposal Group, Including Discontinued Operation, Revenue

345.5

332.6

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

19.9

180.9

Disposal Group, Including Discontinued Operation, General and Administrative Expense

28.3

28.2

Disposal Group, Including Discontinued Operation, Depreciation and Amortization

120.0

33.5

Disposal Group, Including Discontinued Operation, Operating Expense

168.2

242.6

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

177.3

90.0

Disposal Group, Including Discontinued Operation, Interest Expense

(6.1)

(5.9)

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

144.5

0.0

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

315.7

84.1

Discontinued Operation, Tax Effect of Discontinued Operation

^[3]

56.9

119.7

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

258.8

(35.6)

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

21.1

9.4

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

237.7

(45.0)

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

11.1

15.4

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

239.8

222.2

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

56.3

66.2

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

38.3

$ 28.8

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

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

939.5

978.8

Disposal Group, Including Discontinued Operation, Assets, Current

15.0

15.1

1,349.0

1,375.5

Assets

2,303.5

2,369.4

1,087.5

1,119.5

Disposal Group, Including Discontinued Operation, Liabilities, Current

58.8

63.0

1,157.2

1,186.9

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

$ 2,303.5

$ 2,369.4

HGI [Member]

2016

[1]	The carrying value 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 value of debt set forth above is generally based on quoted or observed market prices.
[3]	(a) Included in the income tax expense for the three months ended December 31, 2015 was a $90.9 net income tax expense related to the establishment of a deferred tax liability of $338.6 at December 31, 2015, which was a result of classifying the Company’s ownership interest in FGL as held for sale, partially offset by a $247.7 reduction of valuation allowance on HRG’s net operating and capital loss carryforwards expected to offset the FGL taxable gain.

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

Dec. 31, 2016

Sep. 30, 2016

$ 1,609.0

$ 1,650.4

Disposal Group, Including Discontinued Operation, Assets, Current

157.2

172.6

26,801.6

26,738.7

Total assets

35,662.7

35,792.8

1,721.9

1,751.3

5,459.0

5,430.9

^[1],[2]

900.4

989.8

Disposal Group, Including Discontinued Operation, Liabilities, Current

26.7

32.0

25,200.5

25,100.2

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

33,993.3

33,975.6

939.5

978.8

Disposal Group, Including Discontinued Operation, Assets, Current

15.0

15.1

1,349.0

1,375.5

Total assets

2,303.5

2,369.4

1,087.5

1,119.5

Disposal Group, Including Discontinued Operation, Liabilities, Current

58.8

63.0

1,157.2

1,186.9

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

$ 2,303.5

$ 2,369.4

[1]	The carrying value 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 value of debt set forth above is generally based on quoted or observed market prices.

Divestitures Divestitures - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Document Fiscal Year Focus	2017
Document Period End Date	Dec. 31, 2016
FGL [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Deferred Tax Assets, Valuation Allowance		$ 247.7
Discontinued Operation, Tax Effect of Discontinued Operation, Deferred Taxes, Current		90.9
Deferred Tax Liabilities, Parent's Basis in Discontinued Operation		338.6
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	(218.3)		$ (362.8)
Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax	$ (144.5)	$ 0.0
FGL [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Percentage Of Ownership Interest	80.50%

Investments - Available-for-Sale Securities (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule of Investments [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 46.4	$ 65.1	$ 78.1	$ 91.6
Total Gains (Losses) Included in Earnings	(1.3)	0.6
Purchases	3.0	5.0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales	6.3	26.6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements		5.5
Net transfer In (Out) of Level 3 (a)	(27.1)
Corporate Debt Securities [Member]
Schedule of Investments [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value				$ 14.1
Total Gains (Losses) Included in Earnings		(0.5)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales		$ 13.6
Fixed-maturity securities, available-for-sale [Member]
Schedule of Investments [Line Items]
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax	18.9		46.2
Available-for-sale Securities, Debt Securities	1,532.8		1,535.1
Total investments, Carrying Value	1,532.8		1,535.1
Available-for-sale Debt Securities, Amortized Cost Basis	$ 1,570.1		$ 1,531.8

Investments - Additional Information (Detail)
$ in Millions

3 Months Ended

Dec. 31, 2016

USD ($)

Sep. 30, 2016

USD ($)

2017

Industry Holdings, Number of Top Investments

$ 5,563.4

$ 5,540.7

Fixed Maturities Available For Sale [Member]

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

Total investments, Carrying Value

$ 1,532.8

1,535.1

Estimate of Fair Value Measurement [Member]

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

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

^[1]

$ 13.7

$ 35.0

[1]	The carrying value 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	3 Months Ended
	Dec. 31, 2016	Sep. 30, 2016
Schedule of Available-for-sale Securities [Line Items]
Document Period End Date	Dec. 31, 2016
Fixed Maturities Available For Sale [Member]
Schedule of Available-for-sale Securities [Line Items]
Total fixed maturity available-for-sale securities, Amortized Cost	$ 1,570.1	$ 1,531.8
Total investments, Carrying Value	1,532.8	1,535.1
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax	18.9	46.2
Available-for-sale Debt Securities, Accumulated Gross Unrealized Loss, before Tax	56.2	42.9
Available-for-sale Securities, Debt Securities	$ 1,532.8	$ 1,535.1

Derivative Financial Instruments - Fair Value of Outstanding Derivative Contracts in Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Sep. 30, 2016
Derivatives, Fair Value [Line Items]
Document Period End Date	Dec. 31, 2016
Funds Withheld Receivable	$ 1,609.0	$ 1,650.4
Derivatives designated as hedging instruments [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	13.5	8.5
Total liability derivatives	1.1	3.0
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	0.3	0.7
Derivatives designated as hedging instruments [Member] \| Interest Rate Contract [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.4	0.4
Derivatives designated as hedging instruments [Member] \| Commodity Swap And Option Agreements [Member] \| Receivables, net [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	3.3	2.9
Derivatives designated as hedging instruments [Member] \| Foreign Exchange Forward [Member] \| Other assets [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.1	0.1
Derivatives designated as hedging instruments [Member] \| Foreign Exchange Contract [Member] \| Receivables, net [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	10.1	5.5
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	0.1	1.7
Derivatives designated as hedging instruments [Member] \| Foreign Exchange Contract [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.1	0.1
Derivatives designated as hedging instruments [Member] \| Commodity contracts [Member] \| Accounts payable and other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	0.2	0.1
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	34.1	25.9
Total liability derivatives	122.6	134.4
Not Designated as Hedging Instrument [Member] \| Embedded Derivative Financial Instruments [Member] \| Accounts payable and other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Total liability derivatives	121.2	131.2
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	0.3	0.2
Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Other assets [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	8.3	5.9
Not Designated as Hedging Instrument [Member] \| Call options [Member] \| Funds withheld for reinsurance liability [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	12.2	11.3
Not Designated as Hedging Instrument [Member] \| Foreign Exchange Contract [Member] \| Receivables, net [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.1	0.2
Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Funds Withheld Receivable	1,532.8	1,535.1
Assets, Fair Value Disclosure, Recurring	1,566.9	1,561.0
Liabilities, Fair Value Disclosure, Recurring	757.1	766.2
Fair Value, Measurements, Recurring [Member] \| Commodity Option [Member]
Derivatives, Fair Value [Line Items]
Derivatives	3.3	2.9
Derivative Liability	0.2	0.1
Fair Value, Measurements, Recurring [Member] \| Foreign Exchange Forward [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	0.5	2.0
Fair Value, Measurements, Recurring [Member] \| Call options [Member]
Derivatives, Fair Value [Line Items]
Derivatives	8.3	5.9
Fair Value, Measurements, Recurring [Member] \| Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	0.7	1.1
Level 1 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Funds Withheld Receivable	79.6	69.9
Assets, Fair Value Disclosure, Recurring	79.6	69.9
Liabilities, Fair Value Disclosure, Recurring	0.0	0.0
Level 1 [Member] \| Fair Value, Measurements, Recurring [Member] \| Call options [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	121.2	131.2
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	1,406.8	1,387.1
Assets, Fair Value Disclosure, Recurring	1,440.9	1,413.0
Liabilities, Fair Value Disclosure, Recurring	1.4	3.2
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Commodity Option [Member]
Derivatives, Fair Value [Line Items]
Derivatives	3.3	2.9
Derivative Liability	0.2	0.1
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Foreign Exchange Forward [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	0.5	2.0
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Call options [Member]
Derivatives, Fair Value [Line Items]
Derivatives	8.3	5.9
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	0.7	1.1
Level 3 [Member] \| Fair Value, Measurements, Recurring [Member]
Derivatives, Fair Value [Line Items]
Funds Withheld Receivable	46.4	78.1
Assets, Fair Value Disclosure, Recurring	46.4	78.1
Liabilities, Fair Value Disclosure, Recurring	755.7	763.0
Level 3 [Member] \| Fair Value, Measurements, Recurring [Member] \| Call options [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	121.2	131.2
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	$ 634.5	$ 631.8

Derivative Financial Instruments - Pretax Impact of Derivative Instruments Designated as Cash Flow Hedges on the Accompanying Condensed Consolidated Statements of Operations, and Within AOCI (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Document Fiscal Year Focus	2017
Spectrum Brands [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ 43.2	$ 4.6
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	4.8	0.2
Spectrum Brands [Member] \| Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0.2
Spectrum Brands [Member] \| 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	0.1	0.3
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(0.3)	(0.5)
Spectrum Brands [Member] \| 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	0.1	(1.0)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0.8	(1.4)
Spectrum Brands [Member] \| 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	10.3	5.4
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	4.3	2.1
Spectrum Brands [Member] \| Other Income Expense [Member] \| Net Investment Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	32.5
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0.0
Spectrum Brands [Member] \| 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	0.2	(0.1)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 0.0	$ 0.0

Derivative Financial Instruments - Summary of Gain (Loss) Recognized in Income on Derivatives (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Document Fiscal Year Focus	2017
Bronze Commodity Contract [Member] \| Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net			$ 0.1	$ 0.0
Foreign Exchange Contract [Member] \| Other Income Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 0.7	$ (2.1)
Call options [Member] \| Net Realized Investment Gains [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	3.1	1.9
Embedded Derivatives in Reinsurance Contracts [Member] \| Benefits And Other Changes In Policy Reserves [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	(10.0)	(2.4)
Spectrum Brands [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	43.2	4.6
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	4.8	0.2
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	0.1	0.3
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(0.3)	(0.5)
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	0.1	(1.0)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0.8	(1.4)
Spectrum Brands [Member] \| Net Investment Hedging [Member] \| Other Income Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	32.5
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0.0
Spectrum Brands [Member] \| Bronze Commodity Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Contracts Market Value	3.8		4.0
Spectrum Brands [Member] \| Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Contracts Market Value	259.9		$ 224.8
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	10.3	5.4
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	4.3	2.1
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	0.2	(0.1)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 0.0	$ 0.0

Derivative Financial Instruments - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Dec. 31, 2016 USD ($) ozt T	Dec. 31, 2015 USD ($)	Sep. 30, 2016 USD ($) ozt T	Sep. 30, 2012 USD ($)
Derivative Financial Instruments [Line Items]
Document Fiscal Year Focus	2017
Document Period End Date	Dec. 31, 2016
Net transfer In (Out) of Level 3 (a)	$ (27,100,000)
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
Spectrum Brands [Member]
Derivative Financial Instruments [Line Items]
Estimated amount of derivative net losses/gains to be reclassified from AOCI into earnings over the next twelve months	$ 4,800,000	$ 200,000
Spectrum Brands [Member] \| Standby Letters of Credit [Member]
Derivative Financial Instruments [Line Items]
Standby letters of credit	0			$ 0
Spectrum Brands [Member] \| Silver Commodity Swap Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative Contracts Market Value	$ 400,000		$ 600,000
Derivative, Nonmonetary Notional Amount \| ozt	20.0		31.0
Spectrum Brands [Member] \| Interest Rate Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative, Fixed Interest Rate	1.36%
Estimated amount of derivative net losses/gains to be reclassified from AOCI into earnings over the next twelve months	$ 200,000
Derivative, Notional Amount	$ 300,000,000		$ 300,000,000
Derivative, Remaining Maturity	4 months		6 months
Spectrum Brands [Member] \| Foreign Exchange Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative Contracts Market Value	$ 259,900,000		$ 224,800,000
Derivative net loss/gain	$ 4,400,000
Spectrum Brands [Member] \| ERROR in label resolution.
Derivative Financial Instruments [Line Items]
Weight Of Raw Material Under Derivative Contract \| T	5.1		6.7
Derivative Contracts Market Value	$ 9,800,000		$ 12,800,000
Estimated amount of derivative net losses/gains to be reclassified from AOCI into earnings over the next twelve months	1,300,000
Spectrum Brands [Member] \| Foreign Exchange Forward [Member]
Derivative Financial Instruments [Line Items]
Derivative Contracts Market Value	$ 206,300,000		$ 131,400,000
Spectrum Brands [Member] \| Bronze Commodity Contract [Member]
Derivative Financial Instruments [Line Items]
Weight Of Raw Material Under Derivative Contract \| T	1.0		1.0
Derivative Contracts Market Value	$ 3,800,000		$ 4,000,000
Not Designated as Hedging Instrument [Member]
Derivative Financial Instruments [Line Items]
Derivative Asset, Fair Value, Gross Asset	34,100,000		25,900,000
Other assets [Member] \| Not Designated as Hedging Instrument [Member] \| Call options [Member]
Derivative Financial Instruments [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 8,300,000		$ 5,900,000

Derivative Financial Instruments - FGL's Exposure to Credit Loss on Call Options Held (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Sep. 30, 2016
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 34.1	$ 25.9

Derivative Financial Instruments - Summary of Gain (Loss) Recognized in Income on Oil and Gas Commodity Contracts on (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Call options [Member] \| Net Realized Investment Gains [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 3.1	$ 1.9

Derivative Financial Instruments Schedule of Derivative Instruments- Interest rate swaps (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016
Derivative Financial Instruments [Line Items]
Document Period End Date	Dec. 31, 2016
Spectrum Brands [Member] \| Interest Rate Contract [Member]
Derivative Financial Instruments [Line Items]
Derivative, Notional Amount	$ 300.0	$ 300.0
Derivative, Remaining Maturity	4 months	6 months

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

3 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Sep. 30, 2016

Sep. 30, 2015

Document Period End Date

Dec. 31, 2016

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

$ 46.4

$ 65.1

$ 78.1

$ 91.6

Assets

348.8

566.5

497.3

661.2

5,459.0

5,430.9

^[1],[2]

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

(1.3)

0.6

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

3.0

5.0

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

(6.3)

(26.6)

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

(5.5)

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

(27.1)

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

755.7

768.9

771.5

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

(22.6)

(6.1)

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

0.0

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

0.0

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

0.0

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

15.3

(3.5)

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

0.0

Corporate Debt Securities [Member]

1,609.0

1,650.4

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

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

14.1

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, Sales

(13.6)

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]

5,677.7

5,700.1

Level 3 [Member]

8.3

^[1]

13.7

35.0

^[1],[2]

23.3

29.1

Level 3 [Member] | Policy Loans [Member]

^[1]

897.7

922.9

8.5

Recurring [Member]

757.1

766.2

1,532.8

1,535.1

Recurring [Member] | Foreign Exchange Forward [Member]

1,566.9

1,561.0

Recurring [Member] | Commodity Option [Member]

0.5

2.0

3.3

2.9

Recurring [Member] | Call options [Member]

0.2

0.1

Recurring [Member] | Call options [Member]

12.2

11.3

Recurring [Member] | Interest Rate Swap [Member]

8.3

5.9

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

0.7

1.1

Recurring [Member] | Level 1 [Member]

10.3

5.8

0.0

0.0

0.0

79.6

69.9

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

79.6

69.9

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

0.0

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

0.0

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

121.2

131.2

Recurring [Member] | Level 2 [Member]

0.0

0.0

5,677.7

5,700.1

1.4

3.2

1,406.8

1,387.1

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

1,440.9

1,413.0

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

0.5

2.0

3.3

2.9

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

0.2

0.1

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

12.2

11.3

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

8.3

5.9

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

0.7

1.1

Recurring [Member] | Level 3 [Member]

10.3

5.8

22.0

43.5

921.0

952.0

755.7

763.0

46.4

78.1

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

46.4

78.1

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

0.0

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

0.0

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

121.2

131.2

Front Street Future Policyholder Benefits Reserve [Member]

0.0

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

634.5

629.0

631.8

$ 629.2

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

(12.6)

(3.7)

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

15.3

$ (3.5)

Estimate of Fair Value Measurement [Member]

8.3

^[1]

13.7

35.0

^[1],[2]

5,701.0

5,729.2

Estimate of Fair Value Measurement [Member] | Policy Loans [Member]

^[1]

897.7

922.9

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

8.5

22.0

43.5

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

6,598.7

6,652.1

Reported Value Measurement [Member]

634.5

631.8

8.3

^[1]

13.7

35.0

22.0

^[1],[2]

5,459.0

^[1]

966.2

988.3

Reported Value Measurement [Member] | Policy Loans [Member]

6,425.2

Reported Value Measurement [Member] | Recurring [Member]

8.5

43.5

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

6,419.2

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

5.3

5.4

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

$ 634.5

$ 631.8

[1]	The carrying value 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 value of debt set forth above is 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	3 Months Ended	12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Document Period End Date	Dec. 31, 2016
Funds Withheld Receivable	$ 1,609.0	$ 1,650.4
Assets, Fair Value Disclosure	46.4	78.1
Liabilities
Liabilities, Fair Value Disclosure	755.7	763.0
Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure, Recurring	1,566.9	1,561.0
Funds Withheld Receivable	$ 1,532.8	$ 1,535.1
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] \| Cost Approach Valuation Technique [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Loan Recovery Value
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] \| Loan Participations and Assignments [Member] \| Cost Approach Valuation Technique [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	18.00%	52.00%
Minimum [Member] \| Funds withheld for reinsurance liability [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	96.00%	97.00%
Minimum [Member] \| Funds withheld for reinsurance liability [Member] \| Matrix Pricing [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	99.00%	98.00%
Minimum [Member] \| Funds withheld for reinsurance liability [Member] \| Cost Approach Valuation Technique [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	56.00%	56.00%
Minimum [Member] \| Fixed Index Annuity [Member]
Liabilities
Fair Value Inputs Market Value Of Option	0.00%	0.00%
Minimum [Member] \| Fixed Index Annuity [Member] \| Discounted Cash Flow [Member]
Liabilities
Fair Value Inputs Surrender Rates	0.50%	0.50%
Maximum [Member] \| Loan Participations and Assignments [Member] \| Cost Approach Valuation Technique [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	50.00%	100.00%
Maximum [Member] \| Funds withheld for reinsurance liability [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	100.00%	100.00%
Maximum [Member] \| Funds withheld for reinsurance liability [Member] \| Matrix Pricing [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	117.00%	122.00%
Maximum [Member] \| Funds withheld for reinsurance liability [Member] \| Cost Approach Valuation Technique [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	100.00%	100.00%
Maximum [Member] \| Fixed Index Annuity [Member]
Liabilities
Fair Value Inputs Market Value Of Option	22.00%	27.00%
Maximum [Member] \| Fixed Index Annuity [Member] \| Discounted Cash Flow [Member]
Liabilities
Fair Value Inputs Surrender Rates	75.00%	75.00%
Weighted Average [Member] \| Loan Participations and Assignments [Member] \| Cost Approach Valuation Technique [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	38.00%	71.00%
Weighted Average [Member] \| Funds withheld for reinsurance liability [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	98.00%	100.00%
Weighted Average [Member] \| Funds withheld for reinsurance liability [Member] \| Matrix Pricing [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	107.00%	109.00%
Weighted Average [Member] \| Funds withheld for reinsurance liability [Member] \| Cost Approach Valuation Technique [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount rate	82.00%	82.00%
Weighted Average [Member] \| Fixed Index Annuity [Member]
Liabilities
Fair Value Measurements Non Performance Spread	0.25%	0.25%
Fair Value Inputs Mortality Multiplier	80.00%	80.00%
Fair Value Measurements Swap Rates	2.00%	1.00%
Fair Value Inputs Market Value Of Option	3.00%	2.00%
Weighted Average [Member] \| Fixed Index Annuity [Member] \| Discounted Cash Flow [Member]
Liabilities
Fair Value Inputs Surrender Rates	12.00%	10.00%
Front Street Future Policyholder Benefits Reserve [Member] \| Weighted Average [Member]
Liabilities
Fair Value Measurements Non Performance Spread	0.35%	0.32%
Risk margin for uncertainty	0.50%	0.50%
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure, Recurring	$ 1,440.9	$ 1,413.0
Funds Withheld Receivable	1,406.8	1,387.1
Level 3 [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure, Recurring	46.4	78.1
Funds Withheld Receivable	46.4	78.1
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	5.3	5.4
Level 3 [Member] \| Funds Withheld Receivables [Member] \| Broker Quoted [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	6.4	35.7
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	35.2
Level 3 [Member] \| Funds Withheld Receivables [Member] \| Cost Approach Valuation Technique [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Assets, Fair Value Disclosure	0.7	1.8
Level 3 [Member] \| Fixed Index Annuity [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative Liability	121.2	131.2
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	$ 634.5	$ 631.8

Fair Value of Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Sep. 30, 2016
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net transfer In (Out) of Level 3 (a)	$ (27.1)
Fixed Maturities Available For Sale [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Available-for-sale Securities, Debt Securities	$ 1,532.8	$ 1,535.1

Fair Value of Financial Instruments - Changes in Fair Value of Financial Instruments (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, Fair Value Disclosure	$ 755.7		$ 763.0
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period	78.1	$ 91.6
Total Gains (Losses) Included in Earnings	(1.3)	0.6
Purchases	3.0	5.0
Sales	(6.3)	(26.6)
Settlements		(5.5)
Net transfer In (Out) of Level 3 (a)	(27.1)
Balance at End of Period	46.4	65.1
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period		771.5
Total Gains (Losses) Included in Earnings	(22.6)	(6.1)
Total Gains (Losses) Included in AOCI	0.0	0.0
Purchases	0.0	0.0
Sales	0.0	0.0
Settlements	(15.3)	3.5
Net transfer In (Out) of Level 3	0.0	0.0
Balance at End of Period	755.7	768.9
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	631.8	629.2
Total Gains (Losses) Included in Earnings	(12.6)	(3.7)
Settlements	(15.3)	3.5
Balance at End of Period	634.5	629.0
Fixed Index Annuity [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period	131.2	142.3
Total Gains (Losses) Included in Earnings	(10.0)	(2.4)
Balance at End of Period	121.2	139.9
Corporate Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period		14.1
Total Gains (Losses) Included in Earnings		(0.5)
Sales		(13.6)
Funds Withheld Receivables [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period		74.7
Total Gains (Losses) Included in Earnings		(1.6)
Purchases		5.0
Sales		(13.0)
Balance at End of Period		65.1
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
Funds withheld for reinsurance liability [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at Beginning of Period	78.1
Total Gains (Losses) Included in Earnings	(1.3)
Total Gains (Losses) Included in AOCI	0.0
Purchases	3.0
Sales	(6.3)
Settlements	0.0
Net transfer In (Out) of Level 3 (a)	(27.1)
Balance at End of Period	$ 46.4

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

Dec. 31, 2016

Sep. 30, 2016

Dec. 31, 2015

Sep. 30, 2015

$ 348.8

$ 497.3

$ 566.5

$ 661.2

1,609.0

1,650.4

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

5,459.0

5,430.9

^[1],[2]

Level 3 [Member]

8.3

^[1]

13.7

35.0

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

^[1],[2]

23.3

29.1

^[1]

897.7

922.9

Level 2 [Member]

Policy Loans [Member] | Level 3 [Member]

^[1],[2]

5,677.7

5,700.1

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

Reported Value Measurement [Member]

8.5

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

8.3

^[1]

13.7

35.0

22.0

^[1],[2]

5,459.0

^[1]

966.2

988.3

Reported Value Measurement [Member] | Policy Loans [Member]

6,425.2

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

Estimate of Fair Value Measurement [Member]

8.5

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

8.3

^[1]

13.7

35.0

Estimate of Fair Value Measurement [Member] | Policy Loans [Member]

^[1],[2]

5,701.0

5,729.2

^[1]

897.7

922.9

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

Fair Value, Measurements, Recurring [Member]

8.5

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

1,532.8

1,535.1

1,566.9

1,561.0

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

757.1

766.2

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

46.4

78.1

46.4

78.1

755.7

763.0

22.0

43.5

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

921.0

952.0

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

79.6

69.9

79.6

69.9

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]

1,406.8

1,387.1

1,440.9

1,413.0

1.4

3.2

0.0

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

5,677.7

5,700.1

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

3.3

2.9

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

0.2

0.1

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

3.3

2.9

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

0.2

0.1

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]

121.2

131.2

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]

121.2

131.2

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

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

0.5

2.0

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

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

0.5

2.0

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

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

8.3

5.9

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

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

0.0

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

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

0.0

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

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

8.3

5.9

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]

0.7

1.1

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]

0.7

1.1

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]

10.3

5.8

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] | Reported Value Measurement [Member]

10.3

5.8

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

43.5

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

6,419.2

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

22.0

43.5

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

6,598.7

6,652.1

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]

634.5

631.8

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

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

5.3

5.4

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

$ 634.5

$ 631.8

[1]	The carrying value 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 value of debt set forth above is 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
	Dec. 31, 2016	Dec. 31, 2015
Goodwill And Intangible Assets [Line Items]
Document Period End Date	Dec. 31, 2016
Intangible Assets, Purchase Accounting Adjustments	$ 0.8
Intangible Assets, Including Goodwill [Roll Forward]
Beginning Balance, Goodwill	2,478.4
Beginning Balance, Indefinite Lived Intangible Assets	1,473.5
Beginning Balance, Finite Lived Intangible Assets	899.0
Beginning Balance, Intangible Assets, Excluding Goodwill	2,372.5
Less: Components of amortization:
Amortization of intangibles	(23.6)	$ (23.6)
Goodwill, Foreign Currency Translation Gain (Loss)	(13.9)
Effect of translation, Intangible Assets Excluding Goodwill	(21.8)
Ending Balance, Goodwill	2,464.5
Ending Balance, Indefinite Lived Intangible Assets	1,459.6
Ending Balance, Finite Lived Intangible Assets	868.3
Ending Balance, Intangible Assets, Excluding Goodwill	2,327.9
Periodic amortization [Member]
Less: Components of amortization:
Amortization of intangibles	(23.6)
Finite-Lived Intangible Assets [Member]
Goodwill And Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Purchase Accounting Adjustments	0.8
Intangible Assets, Including Goodwill [Roll Forward]
Beginning Balance, Finite Lived Intangible Assets	899.0
Less: Components of amortization:
Amortization of intangibles	(23.6)
Effect of translation, Finite Lived intangible assets	(7.9)
Ending Balance, Finite Lived Intangible Assets	868.3
Finite-Lived Intangible Assets [Member] \| Periodic amortization [Member]
Less: Components of amortization:
Amortization of intangibles	(23.6)
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	(13.9)
Accounting Standards Update 2015-16 [Member] \| Goodwill [Member]
Goodwill And Intangible Assets [Line Items]
Goodwill, Purchase Accounting Adjustments	$ 0.0

Goodwill and Intangibles - Summary of Definite Lived Intangible Assets (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Sep. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Document Period End Date	Dec. 31, 2016
Cost	$ 1,376.8	$ 1,387.7
Accumulated Amortization	(508.5)	(488.7)
Net	868.3	899.0
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	973.3	984.8
Accumulated Amortization	(313.2)	(302.9)
Net	$ 660.1	681.9
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 2 months 6 days
Technology Assets [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	5 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	$ 165.7	165.7
Accumulated Amortization	(93.0)	(89.1)
Net	$ 72.7	76.6
Trade Names [Member] \| Weighted Average [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	11 years 4 months 12 days
Trade Names [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	5 years
Trade Names [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	13 years
Technology-Based Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	$ 237.8	237.2
Accumulated Amortization	(102.3)	(96.7)
Net	$ 135.5	$ 140.5

Goodwill and Intangibles - Summary of Amortization Expense of Definite Lived Intangible Assets (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 508.5		$ 488.7
Amortization of intangibles	23.6	$ 23.6
Finite-Lived Intangible Assets, Net	868.3		899.0
VOBA [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	91.9
2014	85.7
2015	85.4
2016	85.2
2017	81.9
Finite-Lived Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	23.6
Finite-Lived Intangible Assets, Net	868.3		899.0
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	313.2		302.9
Finite-Lived Intangible Assets, Net	660.1		681.9
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	93.0		89.1
Finite-Lived Intangible Assets, Net	72.7		76.6
Technology-Based Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	102.3		96.7
Finite-Lived Intangible Assets, Net	$ 135.5		$ 140.5

Goodwill and Intangibles - Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods (Detail) - VOBA [Member] $ in Millions	Dec. 31, 2016 USD ($)
Schedule Of Amortization Expense And Weighted Average Lives Of Identified Intangible Assets [Line Items]
2013	$ 91.9
2014	85.7
2015	85.4
2016	85.2
2017	$ 81.9

Goodwill and Intangibles - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%
Amortization of intangibles	$ 23.6	$ 23.6
Finite-Lived Intangible Assets, Accumulated Amortization	508.5		$ 488.7
Finite-Lived Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles	23.6
VOBA [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	91.9
2014	85.7
2015	85.4
2016	85.2
2017	81.9
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 93.0		$ 89.1
Minimum [Member] \| Technology Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	5 years
Minimum [Member] \| Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	5 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	13 years
Weighted Average [Member] \| Technology Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	11 years 2 months 6 days
Weighted Average [Member] \| Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Life	11 years 4 months 12 days

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

3 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Document Period End Date

Dec. 31, 2016

Original issuance (discounts) premiums on debt, net

$ 5,563,400,000

$ 5,540,700,000

(22,200,000)

(22,800,000)

Deferred Finance Costs, Net

(82,200,000)

(87,000,000)

Total Debt

5,459,000,000

5,430,900,000

^[1],[2]

Less current maturities

43,500,000

166,000,000

Non-current portion of debt

5,415,500,000

5,264,900,000

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

Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal in Year Three

864,400,000

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

$ 890,000,000

Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal after Year Five

7.80%

890,000,000

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

$ 248,000,000

$ 250,000,000

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

6.10%

$ 26,900,000

$ 16,800,000

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

7.70%

9.80%

$ 140,900,000

$ 114,700,000

Spectrum Brands [Member] | Five Point Seven Five Percent Senior Notes Due July 15 2025 [Member]

5.30%

5.50%

$ 1,000,000,000

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

5.80%

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

$ 37,000,000

$ 39,700,000

0.00%

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

$ 1,000,000

$ 2,000,000

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

0.00%

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

$ 165,500,000

$ 0

5.60%

0.00%

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

$ 864,400,000

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

7.90%

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

7.80%

$ 0

$ 129,700,000

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

0.00%

6.375%

$ 570,000,000

Euro Member Countries, Euro | Secured Debt [Member] | Spectrum Brands [Member] | Euro Term Loan, Due June 23, 2022 [Member]

6.60%

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

$ 63,000,000

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

$ 53,300,000

54,900,000

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

$ 1,003,000,000

$ 1,005,500,000

3.40%

3.60%

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

$ 58,800,000

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

4.50%

4.60%

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]

$ 58,800,000

$ 63,000,000.000

^[3]

0.00%

[1]	The carrying value 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 value of debt set forth above is 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 accompanying Condensed Consolidated Financial Statements in order to appropriately reflect the continuing operations and balances held for sale.

Debt - Additional Information (Detail)
€ in Millions

3 Months Ended

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Jan. 31, 2017

USD ($)

Jan. 13, 2017

USD ($)

Dec. 31, 2016

EUR (€)

Sep. 30, 2016

USD ($)

Feb. 27, 2015

USD ($)

Amortization of debt issuance costs

Document Period End Date

Dec. 31, 2016

$ 3,300,000

$ 3,400,000

Amortization of debt discount

91,700,000

95,200,000

400,000

$ 300,000

Debt Instrument, Unamortized Discount (Premium), Net

5,563,400,000

$ 5,540,700,000

$ 22,200,000

$ 22,800,000

Euro Term Loan, Due June 23, 2022 [Member] | Interest Rate Cap [Member]

Debt Instrument, Basis Spread on Variable Rate

2.75%

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

7.80%

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

$ 890,000,000

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

7.80%

7.90%

Spectrum Brands [Member] | Four Point Zero Percent Senior Notes [Member] | Unsecured Debt [Member]

$ 864,400,000

Spectrum Brands [Member] | Term Loan, Due June 23, 2022 [Member] | Interest Rate Floor [Member]

4.00%

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

0.75%

Spectrum Brands [Member] | Term Loan, Due June 23, 2022 [Member] | Interest Rate Cap [Member]

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

1.50%

Spectrum Brands [Member] | Term Loan, Due June 23, 2022 [Member] | Maximum [Member] | Interest Rate Cap [Member]

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

2.50%

Spectrum Brands [Member] | Term Loan, Due June 23, 2022 [Member] | Maximum [Member] | Base Rate [Member]

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

1.75%

Spectrum Brands [Member] | CAD Term Loan, Due June 23, 2022 [Member] | Interest Rate Floor [Member]

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

0.75%

Spectrum Brands [Member] | CAD Term Loan, Due June 23, 2022 [Member] | Interest Rate Cap [Member]

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

3.50%

Spectrum Brands [Member] | CAD Term Loan, Due June 23, 2022 [Member] | Base Rate [Member]

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

2.50%

Spectrum Brands [Member] | Euro Term Loan, Due June 23, 2022 [Member] | Interest Rate Floor [Member]

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

0.75%

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

Line of Credit Facility, Remaining Borrowing Capacity

$ 300,600,000

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

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

5.60%

0.00%

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

$ 165,500,000

$ 0

0.00%

6.375%

Debt Instrument, Unamortized Premium, Current

$ 0

$ 129,700,000

4,600,000

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

Letter of credit outstanding

$ 24,700,000

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

6.10%

Spectrum Brands [Member] | Five Point Seven Five Percent Senior Notes Due July 15 2025 [Member]

$ 248,000,000

$ 250,000,000

5.80%

Spectrum Brands [Member] | Revolving Credit Facility [Member] | Maximum [Member] | Interest Rate Cap [Member]

$ 1,000,000,000

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

2.75%

Spectrum Brands [Member] | Revolving Credit Facility [Member] | Maximum [Member] | Base Rate [Member]

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

1.75%

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

Line of Credit Facility, Remaining Borrowing Capacity

$ 9,200,000

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

0.00%

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

$ 1,000,000

$ 2,000,000

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

$ 37,000,000

$ 39,700,000

$ 578,500,000

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]

$ 37,000,000

$ 39,700,000

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

3.40%

3.60%

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

$ 1,003,000,000

$ 1,005,500,000

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

$ 53,300,000

$ 54,900,000

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]

$ 58,800,000

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

4.50%

4.60%

Euro Member Countries, Euro | Spectrum Brands [Member] | Four Point Zero Percent Senior Notes [Member] | Unsecured Debt [Member]

Euro Member Countries, Euro | Spectrum Brands [Member] | Euro Term Loan, Due June 23, 2022 [Member] | Secured Debt [Member]

$ 445,800,000

€ 425.0

$ 477,000,000

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

$ 63,000,000

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

^[1]

0.00%

Subsequent Event [Member] | Margin Loan, due July 13, 2018 [Member]

^[1]

$ 58,800,000

$ 63,000,000.000

Security Owned and Pledged as Collateral, Fair Value

$ 508,000,000

Subsequent Event [Member] | Margin Loan, due July 13, 2018 [Member] | Secured Debt [Member]

Line of Credit Facility, Maximum Borrowing Capacity

150,000,000

Debt Issuance Costs, Gross

$ 50,000,000

$ 1,100,000

Subsequent Event [Member] | Margin Loan, due July 13, 2018 [Member] | Interest Rate Cap [Member] | Secured Debt [Member]

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

2.35%

[1]

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 accompanying Condensed Consolidated Financial Statements in order to appropriately reflect the continuing operations and balances held for sale.

Stock Compensation - Summary of Stock Options Outstanding and Related Activity (Detail) - HGI [Member] - $ / shares shares in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Warrant [Member]
Options (in shares):
Stock options outstanding at September 30, 2016	1,200
Stock options outstanding at December 31, 2016	1,200		1,200
Weighted Average Exercise Price (in dollars per share):
Granted	$ 13.13		$ 13.13
Weighted Average Grant Date Fair Value (in dollars per share):
Granted	$ 3.22		$ 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	$ 13.125
Restricted award expected to vest	$ 3.22
Employee Stock Option [Member]
Options (in shares):
Stock options outstanding at September 30, 2016	4,231
Granted	318	28
Exercised	(77)
Stock options outstanding at December 31, 2016	4,472		4,231
Stock options vested and exercisable at December 31, 2016	3,902
Weighted Average Exercise Price (in dollars per share):
Granted	$ 15.39
Exercised	12.33
Stock options outstanding at December 31, 2016	9.85		$ 9.48
Stock options vested and exercisable at December 31, 2016	9.20
Weighted Average Grant Date Fair Value (in dollars per share):
Granted	5.96
Exercised	4.52
Stock options outstanding at December 31, 2016	3.94		$ 3.80
Stock options vested and exercisable at December 31, 2016	$ 3.71
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	4,472
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 9.85
Restricted award expected to vest	$ 3.94

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
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Document Fiscal Year Focus	2017
HGI [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Document Fiscal Year Focus	2016
Granted	$ 2,300,000	$ 1,600,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 3.9
Weighted Average Grant Date Fair Value (in dollars per share):
Exercised/Released	$ 23,100,000	$ 28,100,000
HGI [Member] \| Restricted stock awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	$ 15.71
Shares:
Restricted award outstanding at September 30, 2012	1,975
Exercised/Released	1,543
Restricted award outstanding at March 31, 2013	457
Weighted Average Grant Date Fair Value (in dollars per share):
Exercised/Released	$ 12.57
Restricted award expected to vest	$ 13.49		$ 12.74
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	25	99
HGI [Member] \| Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	$ 0.00
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	42
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award outstanding at September 30, 2012	$ 12.33
Exercised/Released	$ 12.33
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	0	6
HGI [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	318	28
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award expected to vest	$ 3.94
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	398
Spectrum Brands [Member] \| Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	$ 126.97
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 60.8	$ 44.5
Stock Issued During Period, Value, Restricted Stock Award, Gross	$ 87.3	$ 42.1
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	2
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	$ 110.02
Shares:
Restricted award outstanding at September 30, 2012	577
Exercised/Released	477
Restricted award outstanding at March 31, 2013	790
Weighted Average Grant Date Fair Value (in dollars per share):
Restricted award outstanding at September 30, 2012	$ 94.97
Exercised/Released	109.31
Restricted award expected to vest	$ 114.21
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	688
Spectrum Brands [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	688
Weighted Average Grant Date Fair Value (in dollars per share):
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		442
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	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
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
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Document Period End Date	Dec. 31, 2016
Stock-based compensation	$ 11.1	$ 15.0
Severance Costs	0.5
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	$ 3.9
Unrecognized compensation cost expected to recognized, years	1 year 3 months 6 days
Granted	$ 2,300,000	$ 1,600,000
Exercised/Released	$ 23,100,000	$ 28,100,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	$ 0.2	$ 2.1
Employee Service Share-based Compensation, Cash Received from Exercise of Stock Options	$ 1.0	$ 3.2
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	5 years 26 days
HGI [Member] \| Restricted stock awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised/Released	1,543
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	25	99
Granted	$ 15.71
Exercised/Released	$ 12.57
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	457		1,975
HGI [Member] \| Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised/Released	42
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	0	6
Granted	$ 0.00
Exercised/Released	$ 12.33
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number			42
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	318	28
Stock options vested and exercisable at December 31, 2016	3,902
Spectrum Brands [Member] \| Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised/Released	477
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	688
Stock Issued During Period, Value, Restricted Stock Award, Gross	$ 87.3	$ 42.1
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 60.8	$ 44.5
Granted	$ 126.97
Exercised/Released	$ 109.31
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	790		577
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	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
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	398
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] \| 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] \| 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	3 years
Spectrum Brands [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, granted	688
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		442
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	1,326	2,822
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	1,567	1,303
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	1.79542%	1.6545%
Volatility	5 years	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	35.11387%	37.40%
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	2.24703%	1.7425%
Volatility	6 years 6 months	5 years 6 months
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	37.54231%	37.90%
Share-based Compensation Award, Tranche One [Member] \| 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	78	112
Share-based Compensation Award, Tranche Two [Member] \| 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	212	33
Share-based Compensation Award, Tranche Three [Member] \| 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		297
Severance Cost, Future Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Severance Costs	$ 3.0
Severance Cost, Accrued Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Severance Costs	8.0
Severance Costs, Contingent Payments [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Severance Costs	3.0
Employee Severance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Severance Costs	$ 3.5

Stock Compensation - Assumptions Used in Determination of Grant Date Fair Values Using Black-Scholes Option Pricing Model (Detail)	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Document Fiscal Year Focus	2017
HGI [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Document Fiscal Year Focus	2016
Employee Stock Option [Member] \| HGI [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	1.79542%	1.6545%
Expected option term	5 years	5 years
Volatility	35.11387%	37.40%
Employee Stock Option [Member] \| HGI [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	2.24703%	1.7425%
Expected option term	6 years 6 months	5 years 6 months
Volatility	37.54231%	37.90%
Employee Stock Option [Member] \| HGI [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	3 Months Ended
	Dec. 31, 2016	Sep. 30, 2016
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	790	577
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value		$ 94.97
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	688
Granted	$ 126.97
Exercised / Released	(477)
Exercised/Released	$ 109.31

Earnings Per Share - Summary of Basic and Diluted EPS (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Document Fiscal Year Focus	2017
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share	$ 1.19	$ (0.06)
Weighted Average Number of Shares Outstanding, Diluted	199,185	197,507
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		$ (2.5)
Net income (loss) attributable to common and participating preferred stockholders	$ 212.2	(33.9)
Net Income (Loss) Attributable to Parent	212.2	(33.9)
Income (Loss) from Continuing Operations Attributable to Parent	$ (25.5)	$ (21.8)
Participating shares at end of period:
Weighted-average common shares outstanding - basic	199,185	197,507
Net income (loss) per common share attributable to controlling interest:
Basic (in dollars per share)	$ 1.06	$ (0.17)
Income (Loss) from Continuing Operations, Per Diluted Share	(0.13)	(0.11)
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share	1.19	(0.06)
Earnings Per Share, Diluted	1.06	(0.17)
Income (Loss) from Continuing Operations, Per Basic Share	$ (0.13)	$ (0.11)
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	1,567	1,303
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	1,326	2,822
HGI [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Document Fiscal Year Focus	2016
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
Discontinued Operations, Held-for-sale [Member] \| HGI [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net Income (Loss) Attributable to Parent	$ 237.7	$ (12.1)

Earnings Per Share - Additional Information (Details) - $ / shares shares in Thousands	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Earnings Per Share, Potentially Dilutive Securities		1.8
Document Fiscal Year Focus	2017
Basic (in dollars per share)	$ 1.06	$ (0.17)
HGI [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Document Fiscal Year Focus	2016
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	1,567	1,303
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	104	0
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	1,326	2,822
Warrant [Member] \| HGI [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 13.13	$ 13.125

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016
Commitment And Contingencies [Line Items]
Reserves for legal, environmental and regulatory matters	$ 7.0
Long-term Debt	$ 5,563.4	$ 5,540.7
Maximum [Member]
Commitment And Contingencies [Line Items]
Expiry date of remainder part of notional amount	1 year
Fidelity And Guaranty Life Holdings [Member]
Commitment And Contingencies [Line Items]
Loss Contingency Accrual, Insurance-related Assessment, Premium Tax Offset		2.2
Loss Contingency, Undiscounted Amount of Insurance-related Assessment Liability		$ 2.1
FGL [Member]
Commitment And Contingencies [Line Items]
Reserves for legal, environmental and regulatory matters	$ 2.6
Expiration of partial amount of unfunded, legally binding lending commitments	143.8
Dale R. Ludwick, on behalf of Herself and All Others Similarly Situated v. Harbinger Group Inc., Fidelity & Guaranty Life Insurance Company, Raven Reinsurance Company, and Front Street Re (Cayman) Ltd [Member]
Commitment And Contingencies [Line Items]
Estimated Litigation Liability	1.7
Cressy Plaintiff [Member]
Commitment And Contingencies [Line Items]
Litigation Settlement, Amount	1.3
Loss Contingency Accrual, Provision	9.2
Estimated Litigation Liability	0.1
Eddie L. Cressy v. Fidelity Guaranty [sic] Life Insurance Company, et. al. [Member]
Commitment And Contingencies [Line Items]
Legal Fees	5.9
Litigation Settlement, Expense	3.3
Asset based loan receivables [Member] \| Salus Capital Partners L L C [Member]
Commitment And Contingencies [Line Items]
Expiration of partial amount of unfunded, legally binding lending commitments	$ 2.3

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Related Party Transaction [Line Items]
Document Period End Date	Dec. 31, 2016
Long-term Debt	$ 5,563.4		$ 5,540.7
Fortress Investment Group [Member]
Related Party Transaction [Line Items]
Net Investment Income	0.3	$ 0.3
Fixed Maturities [Member] \| Fortress Investment Group [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Due from (to) Related Party, Noncurrent	228.6		203.2
Net Investment Income	3.0	2.2
Funds Withheld Receivables [Member] \| Front Street Re (Delaware) Ltd. [Member] \| Fortress Investment Group [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Due from (to) Related Party, Noncurrent	18.1		$ 18.0
FGL [Member] \| Fortress Investment Group [Member]
Related Party Transaction [Line Items]
Disposal Group, Including Discontinued Operation, Interest Income		$ 2.0
Investment Income [Member] \| FGL [Member] \| Fortress Investment Group [Member]
Related Party Transaction [Line Items]
Disposal Group, Including Discontinued Operation, Interest Income	$ 2.7

Related Party Transactions Schedule of Related Party Transactions - Income Statement (Details) - Fixed Maturities [Member] - Fortress Investment Group [Member] - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Related Party Transaction [Line Items]
Net Investment Income	$ 3.0	$ 2.2
Related Party Transaction, Due from (to) Related Party, Noncurrent	$ 228.6		$ 203.2

Segment Data - Additional Information (Detail) $ in Millions	3 Months Ended
	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)
Segment Reporting Information [Line Items]
Operating Income (Loss)	$ 117.7	$ 99.8
Number of reporting segments	2
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Operating Income (Loss)	$ 2.3	(19.0)
Insurance Segment [Member]
Segment Reporting Information [Line Items]
Operating Income (Loss)	(15.4)	0.0
Front Street Re (Delaware) Ltd. [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Operating Income (Loss)	$ (3.2)	$ (17.1)

Segment Data - Segment Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2016
Segment Reporting Information [Line Items]
Document Fiscal Year Focus	2017
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	$ 7.9	$ (221.3)
Revenues:
Consolidated revenues	1,189.6	1,209.4
Operating income (loss):
Consolidated operating income	117.7	99.8
Interest expense	(91.7)	(95.2)
Other income (expense), net	1.4	(0.7)
(Loss) income from continuing operations before income taxes	27.4	3.9
Total assets:
Consolidated total assets	35,662.7		$ 35,792.8
Total cash provided from operating activities:
Consolidated cash provided from operating activities	80.7	(88.9)
Income tax expense (benefit)	25.4	(5.6)
Net income	260.8	7.0
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	2.0	9.5
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	258.8	(2.5)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		(2.5)
Net Income (Loss) Attributable to Parent	212.2	(33.9)
Less: Net income attributable to noncontrolling interest	48.6	40.9
Total segments [Member]
Revenues:
Consolidated revenues	1,189.3	1,203.4
Operating income (loss):
Consolidated operating income	137.9	123.5
Intersegment Eliminations [Member]
Revenues:
Consolidated revenues	6.2	(5.4)
Operating income (loss):
Consolidated operating income	2.3	(19.0)
Interest expense		(1.1)
Other income (expense), net		(0.2)
(Loss) income from continuing operations before income taxes	(259.7)	(35.5)
Total cash provided from operating activities:
Income tax expense (benefit)	4.1	(3.7)
Net income	(263.8)	(31.8)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0.0	0.0
Net Income (Loss) Attributable to Parent	(263.8)	(31.8)
Insurance Segment [Member]
Revenues:
Consolidated revenues	(28.7)	(10.0)
Operating income (loss):
Consolidated operating income	(15.4)	0.0
(Loss) income from continuing operations before income taxes	(15.4)
Total assets:
Consolidated total assets	1,780.4		1,824.9
Total cash provided from operating activities:
Income tax expense (benefit)	(3.8)	(1.3)
Net income	(11.6)	1.3
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0.0	0.0
Net Income (Loss) Attributable to Parent	(11.6)	1.3
Consumer Products Segment [Member]
Revenues:
Consolidated revenues	1,211.8	1,218.8
Operating income (loss):
Consolidated operating income	151.0	142.5
Interest expense	(55.8)	(58.4)
Other income (expense), net	1.1	(3.5)
(Loss) income from continuing operations before income taxes	96.3	80.6
Total assets:
Consolidated total assets	6,954.5		7,069.1
Total cash provided from operating activities:
Income tax expense (benefit)	31.1	6.9
Net income	65.2	73.7
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0.0	0.0
Net Income (Loss) Attributable to Parent	37.7	42.6
Less: Net income attributable to noncontrolling interest	27.5	31.1
Corporate expenses [Member]
Revenues:
Consolidated revenues	0.3	6.0
Operating income (loss):
Consolidated operating income	(20.2)	(23.7)
Interest expense	(35.9)	(35.7)
Other income (expense), net	0.3	3.0
(Loss) income from continuing operations before income taxes	206.2	(41.2)
Total assets:
Consolidated total assets	2,549.2		$ 2,632.0
Total cash provided from operating activities:
Income tax expense (benefit)	(6.0)	(7.5)
Net income	212.2	(33.7)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0.0	0.0
Net Income (Loss) Attributable to Parent	$ 212.2	(33.9)
Less: Net income attributable to noncontrolling interest		$ 0.2

Consolidating Financial Information - Schedule of Balance Sheet Information (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015
Assets:
Cash and cash equivalents	$ 348.8	$ 497.3	$ 566.5	$ 661.2
Funds Withheld Receivable	1,609.0	1,650.4
Receivables, net	556.5	556.3
Inventories, net	779.7	740.6
Goodwill	2,464.5	2,478.4
Intangibles, net	2,327.9	2,372.5
Other assets	157.2	172.6
Disposal Group, Including Discontinued Operation, Assets, Current	26,801.6	26,738.7
Total assets	35,662.7	35,792.8
Liabilities and Equity:
Debt	5,415.5	5,264.9
Employee benefit obligations	111.7	125.4
Deferred tax liabilities	573.1	546.0
Disposal Group, Including Discontinued Operation, Liabilities, Current	25,200.5	25,100.2
Total liabilities	33,993.3	33,975.6
Total stockholders' equity	548.1	638.1
Noncontrolling interests	1,121.3	1,179.1
Total permanent equity	1,669.4	1,817.2
Total liabilities and equity	35,662.7	35,792.8
Consolidated Entities [Member]
Assets:
Cash and cash equivalents	348.8	497.3
Funds Withheld Receivable	1,609.0	1,650.4
Receivables, net	556.5	556.3
Inventories, net	779.7	740.6
Deferred tax assets	48.4	42.6
Property, plant and equipment, net	569.1	543.4
Goodwill	2,464.5	2,478.4
Intangibles, net	2,327.9	2,372.5
Other assets	157.2	172.6
Disposal Group, Including Discontinued Operation, Assets, Current	26,801.6	26,738.7
Total assets	35,662.7	35,792.8
Liabilities and Equity:
Insurance reserves	1,721.9	1,751.3
Debt	5,459.0	5,430.9
Accounts payable and other current liabilities	900.4	989.8
Employee benefit obligations	111.7	125.4
Deferred tax liabilities	573.1	546.0
Other liabilities	26.7	32.0
Disposal Group, Including Discontinued Operation, Liabilities, Current	25,200.5	25,100.2
Total liabilities	33,993.3	33,975.6
Total stockholders' equity	548.1	638.1
Noncontrolling interests	1,121.3	1,179.1
Total permanent equity	1,669.4	1,817.2
Total liabilities and equity	35,662.7	35,792.8
Consolidation, Eliminations [Member]
Assets:
Investments in subsidiaries and affiliates	(2,362.9)	(2,408.7)
Affiliated loans and receivables	(20.4)	(20.5)
Funds Withheld Receivable	(73.8)	(74.6)
Receivables, net	0.2
Deferred tax assets	17.8	15.7
Other assets	16.1	16.2
Disposal Group, Including Discontinued Operation, Assets, Current	0.0	0.0
Total assets	(2,423.0)	(2,471.9)
Liabilities and Equity:
Insurance reserves	68.6	65.4
Debt	56.8	63.0
Accounts payable and other current liabilities	0.5	0.5
Employee benefit obligations	0.0
Deferred tax liabilities	0.1
Other liabilities	0.0	(0.2)
Affiliated debt and payables	(168.7)	(171.4)
Disposal Group, Including Discontinued Operation, Liabilities, Current	0.0	0.0
Total liabilities	(42.7)	(42.7)
Total stockholders' equity	(2,380.3)	(2,429.2)
Noncontrolling interests	0.0
Total permanent equity	(2,380.3)	(2,429.2)
Total liabilities and equity	(2,423.0)	(2,471.9)
Corporate and Other [Member]
Assets:
Investments in subsidiaries and affiliates	2,362.3	2,405.3
Affiliated loans and receivables	0.2	0.2
Cash and cash equivalents	170.1	189.9
Funds Withheld Receivable	0.0	0.0
Receivables, net	0.4	0.7
Property, plant and equipment, net	0.9	1.3
Other assets	15.3	34.6
Disposal Group, Including Discontinued Operation, Assets, Current	0.0	0.0
Total assets	2,549.2	2,632.0
Liabilities and Equity:
Debt	1,746.0	1,747.7
Accounts payable and other current liabilities	67.9	51.6
Employee benefit obligations	5.2	5.2
Deferred tax liabilities	9.9	13.3
Other liabilities	6.0	8.3
Affiliated debt and payables	168.4	171.2
Disposal Group, Including Discontinued Operation, Liabilities, Current	0.0	0.0
Total liabilities	2,003.4	1,997.3
Total stockholders' equity	548.1	638.1
Noncontrolling interests	(2.3)	(3.4)
Total permanent equity	545.8	634.7
Total liabilities and equity	2,549.2	2,632.0
Discontinued Operations, Held-for-sale [Member]
Assets:
Funds Withheld Receivable	0.0	0.0
Disposal Group, Including Discontinued Operation, Assets, Current	26,801.6	26,738.7
Total assets	26,801.6	26,738.7
Liabilities and Equity:
Debt	0.0
Employee benefit obligations	0.0
Deferred tax liabilities	0.0
Other liabilities	0.0
Affiliated debt and payables	0.0
Disposal Group, Including Discontinued Operation, Liabilities, Current	25,200.5	25,100.2
Total liabilities	25,200.5	25,100.2
Total stockholders' equity	1,259.6	1,259.6
Noncontrolling interests	341.5	378.9
Total permanent equity	1,601.1	1,638.5
Total liabilities and equity	26,801.6	26,738.7
Insurance Segment [Member]
Assets:
Investments in subsidiaries and affiliates	0.6	3.4
Affiliated loans and receivables	20.2	20.3
Cash and cash equivalents	35.4	32.1
Funds Withheld Receivable	1,682.8	1,725.0
Receivables, net	9.7	17.4
Deferred tax assets	12.4	8.6
Other assets	19.3	18.1
Disposal Group, Including Discontinued Operation, Assets, Current	0.0	0.0
Total assets	1,780.4	1,824.9
Liabilities and Equity:
Insurance reserves	1,653.3	1,685.9
Debt	0.0
Accounts payable and other current liabilities	6.6	6.1
Employee benefit obligations	0.0
Deferred tax liabilities	0.0
Other liabilities	2.8	3.5
Affiliated debt and payables	0.3	0.2
Disposal Group, Including Discontinued Operation, Liabilities, Current	0.0	0.0
Total liabilities	1,663.0	1,695.7
Total stockholders' equity	117.4	129.2
Noncontrolling interests	0.0
Total permanent equity	117.4	129.2
Total liabilities and equity	1,780.4	1,824.9
Consumer Products Segment [Member]
Assets:
Cash and cash equivalents	143.3	275.3
Funds Withheld Receivable	0.0	0.0
Receivables, net	546.2	538.2
Inventories, net	779.7	740.6
Deferred tax assets	18.2	18.3
Property, plant and equipment, net	568.2	542.1
Goodwill	2,464.5	2,478.4
Intangibles, net	2,327.9	2,372.5
Other assets	106.5	103.7
Disposal Group, Including Discontinued Operation, Assets, Current	0.0	0.0
Total assets	6,954.5	7,069.1
Liabilities and Equity:
Debt	3,656.2	3,620.2
Accounts payable and other current liabilities	825.4	931.6
Employee benefit obligations	106.5	120.2
Deferred tax liabilities	563.1	532.7
Other liabilities	17.9	20.4
Disposal Group, Including Discontinued Operation, Liabilities, Current	0.0	0.0
Total liabilities	5,169.1	5,225.1
Total stockholders' equity	1,003.3	1,040.4
Noncontrolling interests	782.1	803.6
Total permanent equity	1,785.4	1,844.0
Total liabilities and equity	$ 6,954.5	$ 7,069.1

Consolidating Financial Information - Schedule of Income Statement Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Revenues:
Net consumer and other product sales	$ 1,211.8	$ 1,218.8
Net investment income	10.7	20.3
Net investment losses	(33.8)	(32.0)
Insurance and investment product fees and other	0.9	2.3
Revenues	1,189.6	1,209.4
Operating costs and expenses:
Cost of consumer products and other goods sold	761.8	778.1
Benefits and other changes in policy reserves	(11.6)	0.8
Selling, acquisition, operating and general expenses	321.7	330.7
Amortization of intangibles	23.6	23.6
Total operating costs and expenses	1,071.9	1,109.6
Operating Income (Loss)	117.7	99.8
Interest expense	(91.7)	(95.2)
Other income (expense), net	1.4	(0.7)
Income from continuing operations before income taxes	27.4	3.9
Income tax expense (benefit)	25.4	(5.6)
Income (Loss) from Continuing Operations Attributable to Parent	(25.5)	(21.8)
Net income (loss)	260.8	7.0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		(2.5)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	258.8	(2.5)
Less: Net income attributable to noncontrolling interest	48.6	40.9
Net income (loss) attributable to controlling interest	212.2	(33.9)
Net income (loss) attributable to common and participating preferred stockholders	212.2	(33.9)
Consolidated Entities [Member]
Revenues:
Net consumer and other product sales	1,211.8	1,218.8
Net investment income	10.7	20.3
Net investment losses	(33.8)	(32.0)
Insurance and investment product fees and other	0.9	2.3
Revenues	1,189.6	1,209.4
Operating costs and expenses:
Cost of consumer products and other goods sold	761.8	778.1
Benefits and other changes in policy reserves	(11.6)	0.8
Selling, acquisition, operating and general expenses	321.7	330.7
Total operating costs and expenses	1,071.9	1,109.6
Operating Income (Loss)	117.7	99.8
Interest expense	(91.7)	(95.2)
Other income (expense), net	1.4	(0.7)
Income from continuing operations before income taxes	27.4
Income tax expense (benefit)	25.4	(5.6)
Income (Loss) from Continuing Operations Attributable to Parent	2.0	9.5
Net income (loss)	260.8	7.0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	258.8
Less: Net income attributable to noncontrolling interest	48.6	40.9
Net income (loss) attributable to controlling interest	212.2	(33.9)
Intersegment Eliminations [Member]
Revenues:
Net investment income	10.4	14.3
Net investment losses	(5.1)	(20.3)
Insurance and investment product fees and other	0.9	0.6
Revenues	6.2	(5.4)
Operating costs and expenses:
Benefits and other changes in policy reserves	4.1	13.2
Selling, acquisition, operating and general expenses	(0.2)	0.4
Total operating costs and expenses	3.9	13.6
Operating Income (Loss)	2.3	(19.0)
Equity in net income (losses) of subsidiaries	(263.7)	(20.6)
Interest expense		(1.1)
Affiliated interest income	(1.7)	(5.4)
Other income (expense), net		(0.2)
Income from continuing operations before income taxes	(259.7)	(35.5)
Income tax expense (benefit)	4.1	(3.7)
Net income (loss)	(263.8)	(31.8)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0.0	0.0
Net income (loss) attributable to controlling interest	(263.8)	(31.8)
Corporate and Other [Member]
Revenues:
Net investment income	0.3	5.1
Insurance and investment product fees and other		0.9
Revenues	0.3	6.0
Operating costs and expenses:
Selling, acquisition, operating and general expenses	20.5	29.7
Total operating costs and expenses	20.5	29.7
Operating Income (Loss)	(20.2)	(23.7)
Equity in net income (losses) of subsidiaries	263.7	20.6
Interest expense	(35.9)	(35.7)
Affiliated interest income	1.7	5.4
Other income (expense), net	0.3	3.0
Income from continuing operations before income taxes	206.2	(41.2)
Income tax expense (benefit)	(6.0)	(7.5)
Net income (loss)	212.2	(33.7)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0.0	0.0
Less: Net income attributable to noncontrolling interest		0.2
Net income (loss) attributable to controlling interest	212.2	(33.9)
Discontinued Operations, Held-for-sale [Member]
Operating costs and expenses:
Operating Income (Loss)	0.0	0.0
Net income (loss)	258.8	(2.5)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	258.8	(2.5)
Less: Net income attributable to noncontrolling interest	21.1	9.6
Insurance Segment [Member]
Revenues:
Net investment income		0.9
Net investment losses	(28.7)	(11.7)
Insurance and investment product fees and other		0.8
Revenues	(28.7)	(10.0)
Operating costs and expenses:
Benefits and other changes in policy reserves	(15.7)	12.4
Selling, acquisition, operating and general expenses	2.4	2.4
Total operating costs and expenses	(13.3)	(10.0)
Operating Income (Loss)	(15.4)	0.0
Income from continuing operations before income taxes	(15.4)
Income tax expense (benefit)	(3.8)	(1.3)
Net income (loss)	(11.6)	1.3
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0.0	0.0
Net income (loss) attributable to controlling interest	(11.6)	1.3
Consumer Products Segment [Member]
Revenues:
Net consumer and other product sales	1,211.8	1,218.8
Revenues	1,211.8	1,218.8
Operating costs and expenses:
Cost of consumer products and other goods sold	761.8	778.1
Selling, acquisition, operating and general expenses	299.0	298.2
Total operating costs and expenses	1,060.8	1,076.3
Operating Income (Loss)	151.0	142.5
Interest expense	(55.8)	(58.4)
Other income (expense), net	1.1	(3.5)
Income from continuing operations before income taxes	96.3	80.6
Income tax expense (benefit)	31.1	6.9
Net income (loss)	65.2	73.7
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0.0	0.0
Less: Net income attributable to noncontrolling interest	27.5	31.1
Net income (loss) attributable to controlling interest	37.7	42.6
HGI [Member] \| Discontinued Operations, Held-for-sale [Member]
Operating costs and expenses:
Net income (loss) attributable to controlling interest	$ 237.7	$ (12.1)

Subsequent Events Subsequent Events - Divestitures (Details) - USD ($)
$ in Millions

3 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Sep. 30, 2016

Sep. 30, 2015

Subsequent Event [Line Items]

$ 348.8

$ 566.5

$ 497.3

$ 661.2

Receivables, net

556.5

556.3

157.2

172.6

Assets

35,662.7

35,792.8

5,459.0

5,430.9

^[1],[2]

900.4

989.8

Stockholders' Equity Attributable to Parent

26.7

32.0

Liabilities

33,993.3

33,975.6

548.1

638.1

Noncontrolling interest

$ 1,121.3

$ 1,179.1

2017

Operating income

$ 117.7

99.8

91.7

95.2

Less: Net income attributable to noncontrolling interest

1.4

(0.7)

Net income

260.8

7.0

48.6

40.9

Net Income (Loss) Attributable to Parent

212.2

(33.9)

Compass Production Partners G.P. [Member]

Subsequent Event [Line Items]

Operating income

(64.5)

Gain (Loss) on Disposition of Oil and Gas Property

2.3

105.6