Post (POST) 10-Q7 Aug 152015 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Jun. 30, 2015	Aug. 03, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Post Holdings, Inc.
Entity Central Index Key	1,530,950
Current Fiscal Year End Date	--09-30
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		54,852,040

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net Sales	$ 1,211.8	$ 633	$ 3,338.4	$ 1,368
Cost of goods sold	895.3	484.4	2,497.3	975.5
Gross Profit	316.5	148.6	841.1	392.5
Selling, general and administrative expenses	193.3	119.9	536.9	320.3
Amortization of intangible assets	36.7	20.4	103.9	38.8
Other operating expenses, net	5.2	0.3	28.4	0.5
Operating Profit	81.3	8	171.9	32.9
Interest expense, net	65	57	184.9	123.3
Other (income) expense	(41.9)	6.8	41.5	6.8
Earnings (Loss) before Income Taxes	58.2	(55.8)	(54.5)	(97.2)
Income tax expense (benefit)	34.2	(20.7)	(11.7)	(41.4)
Net Earnings (Loss)	24	(35.1)	(42.8)	(55.8)
Preferred stock dividends	(4.2)	(4.2)	(12.7)	(11.1)
Net Earnings (Loss) Available to Common Shareholders	$ 19.8	$ (39.3)	$ (55.5)	$ (66.9)
Earnings (Loss) per Share, Basic (in usd per share)	$ 0.34	$ (0.92)	$ (1.02)	$ (1.84)
Earnings (Loss) per Share, Diluted (in usd per share)	$ 0.33	$ (0.92)	$ (1.02)	$ (1.84)
Weighted-Average Common Shares Outstanding, Basic (in shares)	58.9	42.6	54.4	36.3
Weighted-Average Common Shares Outstanding, Diluted (in shares)	60.8	42.6	54.4	36.3

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net Earnings (Loss)	$ 24	$ (35.1)	$ (42.8)	$ (55.8)
Amortization of actuarial loss (benefit) and prior service cost for pension and postretirement benefits, net of tax benefit	0.2	(0.1)	0.8	(0.4)
Foreign currency translation adjustments	7.2	12.4	(33.7)	10.9
Total Comprehensive Income (Loss)	$ 31.4	$ (22.8)	$ (75.7)	$ (45.3)

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Comprehensive Income (Loss) Parentheticals - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Pension and postretirement benefit tax adjustments	$ (0.1)	$ 0.1	$ 0	$ 0.3

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014
Assets
Cash and cash equivalents	$ 274.3	$ 268.4
Restricted cash	10.7	84.8
Receivables, net	399.2	413.7
Inventories	491.3	380.7
Deferred income taxes	22.8	27
Prepaid expenses and other current assets	71	44.4
Total Current Assets	1,269.3	1,219
Property, net	1,344.6	831.9
Goodwill	3,142.1	2,886.7
Other intangible assets, net	3,019.1	2,643
Other assets	84.6	150.5
Total Assets	8,859.7	7,731.1
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current portion of long-term debt	32.1	25.6
Accounts payable	258.2	225
Other current liabilities	295.3	269.3
Total Current Liabilities	585.6	519.9
Long-term debt	4,495.9	3,830.5
Deferred income taxes	871.5	915.1
Other liabilities	237.7	182.4
Total Liabilities	6,190.7	5,447.9
Stockholders' Equity
Preferred stock	0.1	0.1
Common stock	0.6	0.5
Additional paid-in capital	3,130.7	2,669.3
Accumulated deficit	(348.5)	(305.7)
Accumulated other comprehensive loss	(60.5)	(27.6)
Treasury stock, at cost	(53.4)	(53.4)
Total Shareholders’ Equity	2,669	2,283.2
Total Liabilities and Shareholders’ Equity	$ 8,859.7	$ 7,731.1

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows from Operating Activities:
Net Loss	$ (42.8)	$ (55.8)
Adjustments to reconcile of net (loss) earnings to net cash provided by operating activities:
Depreciation and amortization	196.7	93.9
Premium from issuance of long-term debt	0	20.1
Loss on interest rate swaps	41.5	11.8
Loss on foreign currency	1.8	6.1
Loss on assets held for sale	27.4	0
Stock-based compensation expense	20.2	11
Deferred income taxes	(60.9)	(38.1)
Other, net	3	11.1
Other changes in current assets and liabilities, net of business acquisitions:
Decrease (increase) in receivables, net	69	(33.6)
Decrease in inventories	17	16.4
Increase in prepaid expenses and other current assets	(1.7)	(1.7)
(Decrease) increase in accounts payable and other current and non-current liabilities	(9.5)	33.3
Net Cash Provided by Operating Activities	261.7	74.5
Cash Flows from Investing Activities:
Business acquisitions, net of cash acquired	(1,240.4)	(3,543.7)
Additions to property	(74.3)	(78.7)
Restricted cash	74	34.8
Insurance proceeds on property losses	1.8	0
Other, net	0.2	0
Net Cash Used by Investing Activities	(1,238.7)	(3,587.6)
Cash Flows from Financing Activities:
Proceeds from issuance of long-term debt	696.5	2,385.6
Proceeds from issuance of preferred stock, net of issuance costs	0	310.2
Proceeds from issuance of common stock, net of issuance costs	341.4	593.4
Proceeds from Issuance of Tangible Equity Units, Gross	0	41.8
Proceeds From Issuance of Tangible Equity Units Net	0	238.1
Repayments of long-term debt	(20.7)	0
Payment of preferred stock dividend	(12.8)	(10.2)
Payments of debt issuance costs (Note 14)	18.5	63.8
Other, net	(1.7)	0.2
Net Cash Provided by Financing Activities	984.2	3,495.3
Effect of Exchange Rate Changes on Cash	(1.3)	(6.9)
Net Increase (Decrease) in Cash and Cash Equivalents	5.9	(24.7)
Cash and Cash Equivalents, Beginning of Year	268.4	402
Cash and Cash Equivalents, End of Period	$ 274.3	$ 377.3

Basis of Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Background	NOTE 1 — BASIS OF PRESENTATION These unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”), under the rules and regulations of the United States Securities and Exchange Commission (the “SEC”), and on a basis substantially consistent with the audited consolidated financial statements of Post Holdings, Inc. (herein referred to as “Post,” “the Company,” “us,” “our” or “we”) as of and for the fiscal year ended September 30, 2014. These unaudited condensed consolidated financial statements should be read in conjunction with such audited consolidated financial statements, which are included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2014, portions of which were recast in the Company’s Current Report on Form 8-K filed with the SEC on May 11, 2015. These unaudited condensed consolidated financial statements include all adjustments (consisting of normal recurring adjustments and accruals) that management considers necessary for a fair statement of the Company’s financial position, results of operations, comprehensive income (loss) and cash flows for the interim periods presented. Interim results are not necessarily indicative of the results for any other interim period or for the entire fiscal year. Certain prior year amounts have been reclassified to conform with the 2015 presentation. Related to the closures of its Modesto, California and Boise, Idaho facilities, as well as the sale of a peanut butter manufacturing facility located in Portales, New Mexico (completed July 29, 2015) and the sale of its Australian business and Musashi trademark (completed July 1, 2015), the Company had assets and liabilities classified as held for sale at June 30, 2015. Net losses of $4.9 and $27.4 were recorded in the three and nine months ended June 30, 2015, respectively, to adjust the carrying value of the assets to their estimated fair value less estimated selling costs. These amounts include $0.3 of foreign exchange losses that were previously included in accumulated other comprehensive income. The losses are included in “Other operating expenses, net” on the Condensed Consolidated Statements of Operations. For additional information, see Note 12. On May 4, 2015, Post completed the acquisition of MOM Brands Company (“MOM Brands”). MOM Brands operates on a different fiscal calendar than Post. The quarter close date for MOM Brands was June 27, 2015 and results have not been adjusted to conform with Post’s fiscal calendar.

Recently Issued and Adopted Acc

Recently Issued and Adopted Accounting Standards (Notes)	9 Months Ended
Recently Issued and Adopted Accounting Standards (Notes)	Jun. 30, 2015
Recently Issued Accounting Standards [Abstract]
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	NOTE 2 - RECENTLY ISSUED AND ADOPTED ACCOUNTING STANDARDS In the quarter ended June 30, 2015, Post early adopted Accounting Standards Update (“ASU”) 2014-08 “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity” issued by the Financial Accounting Standards Board (“FASB”) in April 2014. ASU 2014-08 provides a revised definition of discontinued operations. The standard update requires that only disposals of components of an entity (or groups of components) that represent a strategic shift that has or will have a major effect on the reporting entity’s operations are reported in the financial statements as discontinued operations. The standard also provides guidance on the financial statement presentations and disclosures of discontinued operations. The implementation of this standard did not have a significant impact on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU 2015-03 “Simplifying the Presentation of Debt Issuance Costs,” which changes the presentation of debt issuance costs in financial statements. The standards update requires an entity to present debt issuance costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. The ASU requires retrospective application and is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years, with early adoption permitted. The Company is currently in the process of determining the method of adoption and evaluating the impact of adopting this guidance. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)," which will supersede all existing revenue recognition guidance under GAAP. The standard's core principle is that a company will recognize revenue when it transfers promised goods or services to a customer in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In July 2015, the FASB made its final decision to defer the adoption of this standard update one year, making it effective for annual and interim periods beginning on or after December 15, 2017 (i.e. Post’s financial statements for the year ending September 30, 2019), and adoption is not permitted prior to the original effective date of the ASU (i.e. Post’s financial statements for the year ending September 30, 2018). Entities will have the option of using either a full retrospective approach or a modified approach to adopt the guidance in the ASU. The Company is currently in the process of determining the method of adoption and evaluating the impact of adopting this guidance.

Restructuring

Restructuring	9 Months Ended
Restructuring	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring	NOTE 3 — RESTRUCTURING In May 2015, the Company announced its plan to consolidate its administrative offices supporting its cereal businesses in Lakeville, Minnesota. As a result of the announcement, the Company plans to close its office located in Parsippany, New Jersey and relocate certain functions located in Battle Creek, Michigan to the Lakeville office. The office closure is expected to be completed by May 2016. In March 2015, the Company announced its plan to close its facility in Boise, Idaho, which manufactures certain PowerBar products distributed in North America. Plant production ceased in June 2015. In April 2013, the Company announced management’s decision to close its plant located in Modesto, California as part of a cost savings and capacity rationalization effort. The transfer of production capabilities and closure of the plant was completed during September 2014, and no additional costs were incurred in the nine months ended June 30, 2015. Restructuring charges and the related liabilities are shown in the following table. Employee-Related Costs Pension Curtailment Accelerated Depreciation Total Balance at September 30, 2013 $ 2.1 $ — $ — $ 2.1 Charge to expense 0.9 — 6.8 7.7 Cash payments (0.9 ) — — (0.9 ) Non-cash charges — — (6.8 ) (6.8 ) Balance at June 30, 2014 $ 2.1 $ — $ — $ 2.1 Balance at September 30, 2014 $ 0.7 $ — $ — $ 0.7 Charge to expense 12.8 — 1.0 13.8 Cash payments (0.8 ) — — (0.8 ) Non-cash charges — — (1.0 ) (1.0 ) Balance at June 30, 2015 $ 12.7 $ — $ — $ 12.7 Total expected restructuring charge $ 16.0 $ 1.7 $ 20.7 $ 38.4 Cumulative restructuring charges incurred to date 16.0 1.7 18.6 36.3 Remaining expected restructuring charge $ — $ — $ 2.1 $ 2.1 In the three and nine months ended June 30, 2015, the Company incurred total restructuring charges of $ 10.7 and $13.8 , respectively, which were reported in “Selling, general and administrative expenses” in the Condensed Consolidated Statements of Operations. In the three and nine months ended June 30, 2014, total restructuring charges of $2.3 and $7.7 , respectively, were reported in the Condensed Consolidated Statements of Operations. Of the total restructuring charges, $0.2 and $0.9 were reported in “Selling, general and administrative expenses” for the three and nine months ended June 30, 2014, respectively. The remaining costs were included in “Cost of good sold.” These expenses are not included in the measure of segment performance for any segment (see Note 16).

Business Combinations

Business Combinations	9 Months Ended
Business Combinations	Jun. 30, 2015
Business Combinations [Abstract]
Business Combinations	NOTE 4 — BUSINESS COMBINATIONS On May 4, 2015, Post completed its acquisition of MOM Brands, a manufacturer and distributer of ready-to-eat (“RTE”) cereals. MOM Brands is reported in the Post Consumer Brands segment (see Note 16). The closing purchase price of the transaction was $ 1,181.5 and was partially paid by the issuance of 2.45 million shares of the Company’s common stock to the former owners of MOM Brands. The shares were valued at the May 1, 2015 closing price of $46.60 per share for a total issuance of $114.4 . The parties have not yet agreed on the final net working capital adjustment. However, Post currently estimates the final net working capital settlement will result in an amount due back to Post of approximately $6.0 . Net sales and operating loss included in the Condensed Consolidated Statements of Operations related to MOM Brands were $122.6 and $(0.5) , respectively, for both the three and nine months ended June 30, 2015. Based upon the preliminary purchase price allocation, the Company has recorded $185.6 of customer relationships to be amortized over a weighted-average period of 20 years and $178.8 to trademarks and brands to be amortized over a weighted-average period of 20 years. On November 1, 2014, the Company completed its acquisition of American Blanching Company (“ABC”) for $128.0 . ABC is a manufacturer of peanut butter for national brands, private label retail and industrial markets and provider of peanut blanching, granulation and roasting services for the commercial peanut industry. ABC is reported in Post’s Private Brands segment (see Note 16). Based upon the preliminary purchase price allocation, the Company has recorded $63.9 of customer relationships to be amortized over a weighted-average period of 17 years and $8.0 to trademarks and brands to be amortized over a weighted-average period of 10 years. ABC’s operations have been integrated into the Company’s existing peanut butter business, and due to the level of integration, discrete sales and operating profit data is not available for ABC, which is discussed further below. On October 1, 2014, the Company completed its acquisition of the PowerBar and Musashi brands and related worldwide assets from Nestlé S.A (“PowerBar”) for $ 150.0 , subject to a working capital adjustment, which resulted in a payment at closing of $ 136.1 . In March 2015, a final settlement of net working capital and other adjustments was reached, resulting in an amount back to the Company of approximately $1.7 . PowerBar is reported in Post’s Active Nutrition segment (see Note 16). Based upon the preliminary purchase price allocation, the Company has recorded $21.0 of customer relationships to be amortized over a weighted-average period of 18.3 years and $40.0 to trademarks and brands to be amortized over a weighted-average period of 20 years. Net sales and operating loss included in the Condensed Consolidated Statements of Operations related to PowerBar were $40.4 and $(3.7) , respectively, for the three months ended June 30, 2015 and $106.6 and $(16.2) , respectively, for the nine months ended June 30, 2015. On August 1, 2014, Post Foods, LLC, a subsidiary of the Company, acquired a cereal brand and related inventory for $20.4 . The brand is reported as part of the Post Consumer Brands segment. On June 2, 2014, the Company completed its acquisition of MFI Holding Corporation (“Michael Foods”), which is reported in Post’s Michael Foods Group segment (see Note 16). Michael Foods manufactures and distributes egg products, refrigerated potato products and also distributes cheese and other dairy case products to the retail, food service and food ingredient channels. Net sales and operating profit included in the Condensed Consolidated Statements of Operations related to this acquisition were $495.4 and $43.2 , respectively, for the three months ended June 30, 2015 and $1,511.6 and $112.1 , respectively, for the nine months ended June 30, 2015. In fiscal 2014, net sales and operating loss included in the Condensed Consolidated Statements of Operations related to this acquisition were $ 150.5 and $(12.5) , respectively, for both the three and nine months ended June 30, 2014. On February 1, 2014, Post completed its acquisition of Golden Boy Foods Ltd. (“Golden Boy”), a manufacturer of private label peanut and other nut butters, as well as dried fruits and baking and snacking nuts. Golden Boy is reported in Post’s Private Brands segment (see Note 16). Net sales and operating profit included in the Condensed Consolidated Statements of Operations related to this acquisition were $109.4 and $7.1 , respectively, for the three months ended June 30, 2015 and $309.9 and $3.1 , respectively, for the nine months ended June 30, 2015. These net sales and operating profit amounts are inclusive of ABC. For fiscal 2014, net sales and operating profit included in the Condensed Consolidated Statements of Operations related to this acquisition were $71.9 and $3.1 , respectively, for the three months ended June 30, 2014 and $110.9 and $5.0 , respectively, for the nine months ended June 30, 2014. On February 1, 2014, Post completed its acquisition of Dymatize Enterprises, LLC (“Dymatize”), a manufacturer and marketer of protein powders and bars and nutritional supplements. Dymatize is reported in Post’s Active Nutrition segment (see Note 16). Net sales and operating loss included in the Condensed Consolidated Statements of Operations were $47.2 and $ (4.0) , respectively, for the three months ended June 30, 2015 and $ 142.3 and $ (13.6) , respectively, for the nine months ended June 30, 2015. In fiscal 2014, net sales and operating loss included in the Condensed Consolidated Statements of Operations related to Dymatize were $ 47.6 and $ (3.2) , respectively, for the three months ended June 30, 2014 and $75.8 and $(5.7) , respectively, for the nine months ended June 30, 2014. On January 1, 2014, Post completed its acquisition of Agricore United Holdings Inc. (“Agricore”) from Viterra Inc. Agricore is the parent company of Dakota Growers Pasta Company, Inc. (“Dakota Growers”), a manufacturer of dry pasta for the private label, foodservice and ingredient markets. Dakota Growers is reported in Post’s Michael Foods Group segment (see Note 16). Net sales and operating profit included in the Condensed Consolidated Statements of Operations related to Dakota Growers were $69.3 and $5.2 , respectively, for the three months ended June 30, 2015 and $202.7 and $18.2 , respectively, for the nine months ended June 30, 2015. In fiscal 2014, net sales and operating profit included in the Condensed Consolidated Statements of Operations related to this acquisition were $62.2 and $2.9 , respectively, for the three months ended June 30, 2014 and $128.9 and $1.7 , respectively, for the nine months ended June 30, 2014. Each of the acquisitions was accounted for using the acquisition method of accounting, whereby the results of operations are included in the financial statements from the date of acquisition. The respective purchase prices were allocated to acquired assets and assumed liabilities based on their estimated fair values at the date of acquisition, and any excess was allocated to goodwill, as shown in the table below. Goodwill represents the value the Company expects to achieve through the implementation of operational synergies and the expansion of the business into new or growing segments of the industry. The Company expects substantially all of the final fair value of goodwill related to the acquisitions of PowerBar and MOM Brands to be deductible for U.S. income tax purposes and does not expect the final fair value of goodwill related to the acquisition of ABC to be deductible for U.S. income tax purposes. Certain estimated values for the PowerBar, ABC and MOM Brands acquisitions, including goodwill, intangible assets, inventory and deferred taxes, are not yet finalized pending the final purchase price allocations and are subject to change once additional information is obtained. The following table provides the allocation of the purchase price based upon the fair value of assets and liabilities assumed for each acquisition completed in fiscal 2015. PowerBar ABC MOM Brands Cash and cash equivalents $ 2.4 $ 0.6 $ 11.1 Receivables 6.5 12.8 41.7 Inventories 23.1 15.5 97.9 Prepaid expenses and other current assets 0.1 0.4 6.2 Property 17.9 19.7 532.1 Goodwill 18.8 49.6 196.7 Other intangible assets 61.0 71.9 364.4 Deferred tax asset - long-term 11.7 — — Other assets — 0.4 — Accounts payable (1.2 ) (9.0 ) (43.0 ) Deferred tax liability - current (0.2 ) (0.4 ) (5.4 ) Other current liabilities (4.6 ) (2.8 ) (19.3 ) Deferred tax liability - long-term (1.1 ) (30.7 ) (6.9 ) Total acquisition cost $ 134.4 $ 128.0 $ 1,175.5 The following table summarizes the provisional amounts recognized related to fiscal 2014 acquisitions as of September 30, 2014, as well as measurement period adjustments made in the nine months ended June 30, 2015 (all of which were recorded in the quarter ended March 31, 2015). The adjustments did not have a significant impact on the consolidated statements of operations, balance sheets or cash flows in any period; therefore, the financial statements have not been retrospectively adjusted. Acquisition Date Amounts Recognized as of September 30, 2014 (a) Adjustments During the Nine Months Ended June 30, 2015 Acquisition Date Amounts Recognized (as Adjusted) Cash and cash equivalents $ 73.8 $ — $ 73.8 Restricted cash 3.4 — 3.4 Receivables (b) (d) 219.6 (0.3 ) 219.3 Income tax receivable 62.5 — 62.5 Inventories 289.9 — 289.9 Deferred tax asset - current (b) 5.4 0.7 6.1 Prepaid expenses and other current assets 9.3 — 9.3 Property 440.5 — 440.5 Goodwill 1,605.4 5.2 1,610.6 Other intangible assets 1,883.7 — 1,883.7 Other assets 9.1 — 9.1 Current portion of long-term debt (3.7 ) — (3.7 ) Accounts payable (d) (142.6 ) 0.2 (142.4 ) Other current liabilities (d) (121.5 ) (0.3 ) (121.8 ) Long-term debt (8.4 ) — (8.4 ) Deferred tax liability - long-term (b) (697.1 ) 7.0 (690.1 ) Other liabilities (b) (11.8 ) (9.0 ) (20.8 ) Total acquisition cost (c) $ 3,617.5 $ 3.5 $ 3,621.0 Adjustments during the nine months ended June 30, 2015: (a) As previously reported in Post’s Current Report on Form 8-K filed with the SEC on May 11, 2015; (b) The adjustments to “Receivables,” “Deferred income taxes” and “Other liabilities” reflect: 1) the impact on deferred tax assets and related reserves for uncertain tax positions of certain state tax elections made on final pre-acquisition short period tax returns and 2) the impact of certain return to provision adjustments; (c) Dymatize working capital adjustment; and (d) Other Dymatize adjustments The following unaudited pro forma information presents a summary of the results of operations of the Company combined with the aggregate results of Dakota Growers, Dymatize, Golden Boy, Michael Foods, PowerBar, ABC and MOM Brands for the periods presented as if the fiscal 2015 acquisitions had occurred on October 1, 2013 and the fiscal 2014 acquisitions had occurred on October 1, 2012, along with certain pro forma adjustments. These pro forma adjustments give effect to the amortization of certain definite-lived intangible assets, adjusted depreciation based upon fair value of assets acquired, interest expense related to the financing of the business combinations, and related income taxes. The following unaudited pro forma information has been prepared for comparative purposes only and is not necessarily indicative of the results of operations as they would have been had the acquisitions occurred on the assumed dates, nor is it necessarily an indication of future operating results. Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Pro forma net sales $ 1,283.7 $ 1,245.5 $ 3,813.3 $ 3,689.1 Pro forma net income (loss) available to common shareholders 45.9 (18.3 ) (3.2 ) (45.8 ) Pro forma basic income (loss) per share $ 0.78 $ (0.43 ) $ (0.06 ) $ (1.26 ) Pro forma diluted income (loss) per share $ 0.75 $ (0.43 ) $ (0.06 ) $ (1.26 )

Goodwill

Goodwill	9 Months Ended
Goodwill	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	NOTE 5 — GOODWILL The changes in the carrying amount of goodwill by segment are noted in the following table. Post Consumer Brands Michael Foods Group Active Nutrition Private Brands Total Balance, September 30, 2014 Goodwill (gross) $ 1,799.3 $ 1,347.2 $ 151.3 $ 229.3 $ 3,527.1 Accumulated impairment losses (609.1 ) — (31.3 ) — (640.4 ) Goodwill (net) $ 1,190.2 $ 1,347.2 $ 120.0 $ 229.3 $ 2,886.7 Goodwill acquired 196.7 — 18.8 49.6 265.1 Acquisition related adjustment — (5.6 ) 10.8 — 5.2 Currency translation adjustment (0.6 ) — — (14.3 ) (14.9 ) Balance, June 30, 2015 Goodwill (gross) $ 1,995.4 $ 1,341.6 $ 180.9 $ 264.6 $ 3,782.5 Accumulated impairment losses (609.1 ) — (31.3 ) — (640.4 ) Goodwill (net) $ 1,386.3 $ 1,341.6 $ 149.6 $ 264.6 $ 3,142.1

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 6 — INCOME TAXES For the three and nine months ended June 30, 2015, the effective income tax rate is 58.8% and 21.5% , respectively. In accordance with Accounting Standards Codification (“ASC”) Topic 740, the Company has recorded tax expense for the three and nine months ended June 30, 2015 using the estimated annual effective tax rate for the Company’s full fiscal year. The estimated annual effective tax rate differs significantly from the statutory tax rate primarily due to the Company’s estimate of full year earnings before income taxes which causes small variations in estimated permanent differences to have a magnified impact on the effective income tax rate percentage, the expectation that nondeductible merger and acquisition expenses and other permanently nondeductible expenses will have an unfavorable impact on the effective income tax rate and the expectation that the Domestic Production Activities Deduction and tax planning strategies implemented for certain recent acquisitions will have a favorable impact on the effective income tax rate.

Intangible Assets, net

Intangible Assets, net	9 Months Ended
Intangible Assets, net	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, net	NOTE 7 — INTANGIBLE ASSETS, NET Total intangible assets are as follows: June 30, 2015 September 30, 2014 Carrying Accumulated Amortization Net Carrying Accumulated Amortization Net Subject to amortization: Customer relationships $ 2,004.4 $ (166.3 ) $ 1,838.1 $ 1,743.7 $ (90.9 ) $ 1,652.8 Trademarks/brands 782.9 (69.1 ) 713.8 554.7 (43.9 ) 510.8 Other intangible assets 22.8 (5.1 ) 17.7 24.7 (3.0 ) 21.7 2,810.1 (240.5 ) 2,569.6 2,323.1 (137.8 ) 2,185.3 Not subject to amortization: Trademarks/brands 449.5 — 449.5 457.7 — 457.7 $ 3,259.6 $ (240.5 ) $ 3,019.1 $ 2,780.8 $ (137.8 ) $ 2,643.0

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
Earnings (Loss) Per Share	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings (Loss) per Share	NOTE 8 — EARNINGS (LOS S) PER SHARE Basic earnings (loss) per share is based on the average number of common shares outstanding during the period. Diluted earnings (loss) per share is based on the average number of shares used for the basic earnings per share calculation, adjusted for the dilutive effect of stock options, stock appreciation rights and restricted stock equivalents using the “treasury stock” method. The impact of potentially dilutive convertible preferred stock is calculated using the “if-converted” method. The Company’s tangible equity units (“TEUs”) are assumed to be settled at the minimum settlement amount of 1.7114 shares per TEU for weighted-average shares for basic earnings (loss) per share. For diluted earnings (loss) per share, the shares, to the extent dilutive, are assumed to be settled at a conversion factor based on the Company’s daily volume-weighted average price per share of the Company’s common stock not to exceed 2.0964 shares per TEU. The following table sets forth the computation of basic and diluted earnings (loss) per share for the three and nine months ended June 30, 2015 and 2014. Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Net earnings for basic earnings (loss) per share $ 19.8 $ (39.3 ) $ (55.5 ) $ (66.9 ) Net earnings for diluted earnings (loss) per share $ 19.8 $ (39.3 ) $ (55.5 ) $ (66.9 ) Weighted-average shares outstanding 54.0 42.6 49.5 36.3 Effect of TEUs on weighted-average shares for basic earnings (loss) per share 4.9 — 4.9 — Weighted-average shares for basic earnings (loss) per share 58.9 42.6 54.4 36.3 Effect of dilutive securities: Stock options 0.7 — — — Stock appreciation rights 0.1 — — — Restricted stock awards 0.3 — — — TEUs 0.8 — — — Total dilutive securities 1.9 — — — Weighted-average shares for diluted earnings (loss) per share 60.8 42.6 54.4 36.3 Basic earnings (loss) per common share $ 0.34 $ (0.92 ) $ (1.02 ) $ (1.84 ) Diluted earnings (loss) per common share $ 0.33 $ (0.92 ) $ (1.02 ) $ (1.84 ) The following table details the securities that have been excluded from the calculation of weighted-average shares for diluted earnings (loss) per share as they were anti-dilutive. Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Stock options 1.3 3.0 4.6 3.0 Stock appreciation rights 0.1 0.5 0.3 0.5 Restricted stock awards — 0.3 0.5 0.3 TEUs — 0.8 0.9 0.8 Preferred shares conversion to common 11.0 11.0 11.0 11.0

Inventories

Inventories	9 Months Ended
Inventories	Jun. 30, 2015
Inventory [Abstract]
Inventories	NOTE 9 — INVENTORIES June 30, 2015 September 30, 2014 Raw materials and supplies $ 144.5 $ 99.2 Work in process 16.3 16.3 Finished products 316.2 235.8 Flocks 14.3 29.4 $ 491.3 $ 380.7

Property, net

Property, net	9 Months Ended
Property, net	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, net	NOTE 10 — PROPERTY, NET June 30, 2015 September 30, 2014 Property, at cost $ 1,718.6 $ 1,121.0 Accumulated depreciation (374.0 ) (289.1 ) $ 1,344.6 $ 831.9

Derivative Financial Instrument

Derivative Financial Instruments and Hedging	9 Months Ended
Derivative Financial Instruments and Hedging	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative financial instruments and hedging	NOTE 11 — DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING In the ordinary course of business, the Company is exposed to commodity price risks relating to the acquisition of raw materials and supplies, interest rate risks relating to floating rate debt, and foreign currency exchange rate risks relating to its foreign subsidiaries. The Company utilizes derivative financial instruments, including (but not limited to) futures contracts, option contracts, forward contracts and swaps, to manage certain of these exposures by hedging when it is practical to do so. The Company does not hold or issue financial instruments for speculative or trading purposes. The Company maintains options, futures contracts and interest rate swaps which have been designated as economic hedges of raw materials, fuel and energy purchases and variable rate debt. At June 30, 2015, the notional amounts of commodity contracts and natural gas and heating oil futures were $61.0 and $28.3 , respectively. These contracts relate to inputs that generally will be utilized within the next 12 months. At June 30, 2015 and September 30, 2014, the Company had pledged collateral of $8.5 and $12.6 , respectively, related to its commodity contracts and natural gas and heating oil futures. These amounts are classified as “Restricted cash” on the Condensed Consolidated Balance Sheets. As of June 30, 2015, the Company had interest rate swaps with a notional amount of $869.5 that obligate Post to pay a fixed rate of 3.1% and receive one-month LIBOR. These swaps have the effect of converting a portion of our variable interest rate term loan debt to fixed interest rates beginning in June 2016. In addition, the Company has interest rate swaps with a $750.0 notional amount that obligate Post to pay a weighted average fixed rate of approximately 4% and receive three-month LIBOR and will result in a net settlement in July 2018. Commodity, natural gas and heating oil derivatives are valued using an income approach based on index prices less the contract rate multiplied by the notional amount. The Company’s calculation of the fair value of interest rate swaps is derived from a discounted cash flow analysis based on the terms of the contract and the interest rate curve. The following tables present the balance sheet location and fair value of the Company’s derivative instruments on a gross and net basis as of June 30, 2015 and September 30, 2014. Fair Value of Assets as of June 30, 2015 Balance Sheet Location Gross Amounts of Recognized Assets Gross Amounts Offset in the Condensed Consolidated Balance Sheet Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet Commodity contracts Prepaid expenses and other current assets $ 5.3 $ — $ 5.3 Natural gas and heating oil futures Prepaid expenses and other current assets 1.1 — 1.1 $ 6.4 $ — $ 6.4 Fair Value of Liabilities as of June 30, 2015 Balance Sheet Location Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Condensed Consolidated Balance Sheet Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet Commodity contracts Other current liabilities $ 1.8 $ — $ 1.8 Natural gas and heating oil futures Other current liabilities 3.7 — 3.7 Interest rate swaps Other current liabilities 1.7 — 1.7 Interest rate swaps Other liabilities 80.2 — 80.2 $ 87.4 $ — $ 87.4 Fair Value of Liabilities as of September 30, 2014 Balance Sheet Location Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Condensed Consolidated Balance Sheet Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet Commodity contracts Other current liabilities $ 8.0 $ — $ 8.0 Natural gas and heating oil futures Other current liabilities 0.9 — 0.9 Interest rate swaps Other current liabilities 2.7 — 2.7 Interest rate swaps Other liabilities 40.4 — 40.4 $ 52.0 $ — $ 52.0 The following table presents the (gain) loss from derivative instruments that were not designated as hedging instruments and were recorded on the Company’s Condensed Consolidated Statements of Operations. (Gain) Loss Recognized in Earnings Three Months Ended June 30, Nine Months Ended June 30, Location of (Gain) Loss Recognized in Earnings Derivative Instrument 2015 2014 2015 2014 Commodity contracts Cost of goods sold $ (4.8 ) $ 1.9 $ (13.2 ) $ 0.9 Natural gas and heating oil futures Cost of goods sold 4.5 (0.7 ) 8.1 (1.2 ) Foreign exchange contracts Selling, general and administrative expenses — — — 6.3 Interest rate swaps Other (income) expense (41.9 ) 6.8 41.5 6.8

Fair Value Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair value measurements	NOTE 12 — FAIR VALUE MEASUREMENTS The following table represents Post’s assets and liabilities measured at fair value on a recurring basis and the basis for that measurement according to the levels in the fair value hierarchy in ASC Topic 820. June 30, 2015 September 30, 2014 Total Level 1 Level 2 Total Level 1 Level 2 Assets: Deferred compensation investment $ 11.2 $ 11.2 $ — $ 10.2 $ 10.2 $ — Derivative assets 6.4 — 6.4 — — — $ 17.6 $ 11.2 $ 6.4 $ 10.2 $ 10.2 $ — Liabilities: Deferred compensation liabilities $ 16.3 $ — $ 16.3 $ 12.3 $ — $ 12.3 Derivative liabilities 87.4 — 87.4 52.0 — 52.0 $ 103.7 $ — $ 103.7 $ 64.3 $ — $ 64.3 The following table represents the fair value of Post’s long-term debt which is classified as Level 2 in the fair value hierarchy per ASC Topic 820: June 30, 2015 September 30, 2014 Senior notes $ 2,870.0 $ 2,768.2 Term loan 1,568.7 872.9 TEUs 29.7 29.5 4.57% 2012 Series Bond maturing September 2017 3.9 4.8 Secured notes — 1.1 Capital leases 3.1 3.8 $ 4,475.4 $ 3,680.3 The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources, while unobservable inputs reflect a reporting entity’s pricing based upon its own market assumptions. The fair value hierarchy consists of three levels: Level 1 — Inputs are quoted prices in active markets for identical assets or liabilities. Level 2 — Inputs are quoted prices of similar assets or liabilities in an active market, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable and market-corroborated inputs which are derived principally from or corroborated by observable market data. Level 3 — Inputs are derived from valuation techniques in which one or more significant inputs or value drivers are unobservable. The deferred compensation investment is invested primarily in mutual funds and its fair value is measured using the market approach. This investment is in the same funds and purchased in substantially the same amounts as the participants’ selected investment options (excluding Post common stock equivalents), which represent the underlying liabilities to participants in the Company’s deferred compensation plans. Deferred compensation liabilities are recorded at amounts due to participants in cash, based on the fair value of participants’ selected investment options (excluding certain Post common stock equivalents to be distributed in shares) using the market approach. The Company utilizes the income approach to measure fair value for its derivative assets, which include commodity options and futures contracts. The income approach uses pricing models that rely on market observable inputs such as yield curves and forward prices. Changes in the deferred compensation investment and related liability are recorded as a component of selling, general and administrative expenses. Refer to Note 11 for the classification of changes in fair value of derivative assets and liabilities measured at fair value on a recurring basis within the Condensed Consolidated Statements of Operations. Related to the closures of its Modesto, California and Boise, Idaho facilities, as well as the sale of a peanut butter manufacturing facility located in Portales, New Mexico (completed July 29, 2015) and the sale of its Australian business and Musashi trademark (completed July 1, 2015), the Company had assets and liabilities classified as held for sale at June 30, 2015. At June 30, 2015 and September 30, 2014, the carrying value of the assets held for sale was $31.7 and $16.4 , respectively, and is included in “Prepaid expenses and other current assets” on the Condensed Consolidated Balance Sheets. At June 30, 2015, the carrying value of the liabilities held for sale was $5.5 and is included in “Other current liabilities” on the Condensed Consolidated Balance Sheets. No such liabilities existed at September 30, 2014. The fair value of the assets and liabilities held for sale were measured at fair value on a nonrecurring basis based on third-party offers to purchase the facilities, business and trademark. The fair value measurement was categorized as Level 3, as the offers utilize significant unobservable inputs. The carrying amounts reported on the Condensed Consolidated Balance Sheets for cash and cash equivalents, receivables and accounts payable approximate fair value because of the short maturities of these financial instruments.

Shareholders' Equity

Shareholders' Equity	9 Months Ended
Shareholders' Equity	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Shareholders' equity	NOTE 13 — SHAREHOLDERS’ EQUITY On May 4, 2015, the Company completed its acquisition of MOM Brands. The purchase price was partially funded by the issuance of 2.45 million shares, par value $0.01 , of the Company’s common stock to the former owners of MOM Brands. The shares were valued at the May 1, 2015 closing price of $46.60 per share for a total issuance of $114.4 . The Company will not receive any of the proceeds from the sale of shares of common stock by any selling shareholder. In February 2015, the Company issued 7.475 million shares of common stock, par value $0.01 per share, at a price to the public of $47.50 per share. The Company received net proceeds of $341.4 after paying offering related fees and expenses of approximately $13.7 . Reclassifications out of accumulated other comprehensive income (loss) for the reported periods include the amortization of actuarial loss (benefit) and prior service cost for pension and postretirement benefits totaling $0.3 and $(0.2) for the three month periods ended June 30, 2015 and 2014, respectively, and $0.8 and $(0.7) for the nine month periods ended June 30, 2015 and 2014, respectively. Amounts are primarily classified as “Cost of goods sold” on the Condensed Consolidated Statements of Operations.

Long-Term Debt

Long-Term Debt	9 Months Ended
Long-Term Debt	Jun. 30, 2015
Debt Disclosure [Abstract]
Long-Term Debt	NOTE 14 — LONG-TERM DEBT Long-term debt as of the dates indicated consists of the following: June 30, 2015 September 30, 2014 7.375% Senior Notes maturing February 2022 $ 1,375.0 $ 1,375.0 6.75% Senior Notes maturing December 2021 875.0 875.0 6.00% Senior Notes maturing December 2022 630.0 630.0 Term loan 1,574.4 882.8 TEUs 28.5 38.4 4.57% 2012 Series Bond maturing September 2017 3.9 4.8 Secured notes — 1.1 Capital leases 3.1 3.8 $ 4,489.9 $ 3,810.9 Less: Current portion (32.1 ) (25.6 ) Plus: Unamortized premium (discount), net 38.1 45.2 Total long-term debt $ 4,495.9 $ 3,830.5 On January 29, 2014, the Company entered into a credit agreement (as subsequently amended, the “Credit Agreement”). The Credit Agreement provides for a revolving credit facility with an aggregate principal value of $400.0 . The revolving credit facility has outstanding letters of credit of $4.2 which reduced the available borrowing capacity to $395.8 at June 30, 2015. On May 1, 2014, the Company entered into a First Amendment to the Credit Agreement (the “First Amendment”). The First Amendment amended the Credit Agreement to, among other matters, permit an incremental term loan (the “Prior Term Loan”) of $885.0 . On March 6, 2015, the Company entered into a Second Amendment to Credit Agreement (the “Second Amendment”). On May 4, 2015, Post entered into a Joinder Agreement No. 3 (the “Joinder No. 3”), by and among Credit Suisse AG, Cayman Islands Branch, the Company and the guarantors party thereto, and consented to by Wells Fargo Bank, National Association, as Administrative Agent. The Joinder No. 3 provided for, in connection with the completion of the Company’s acquisition of MOM Brands, an incremental term loan of $700.0 (the “New Term Loan”) under the Company’s Credit Agreement. The Company incurred $18.5 of issuance costs in connection with the Credit Agreement and the New Term Loan as of June 30, 2015. The outstanding amounts under the New Term Loan will bear interest at the same rate as the outstanding amounts under the Prior Term Loan, and the Company’s quarterly principal payments aggregate both the New Term Loan and the Prior Term Loan. The Credit Agreement, as amended, contains customary affirmative and negative covenants for agreements of this type, including delivery of financial and other information, compliance with laws, maintenance of property, existence, insurance and books and records, inspection rights, obligation to provide collateral and guarantees by new subsidiaries, limitations with respect to indebtedness, liens, fundamental changes, restrictive agreements, use of proceeds, amendments of organization documents, accounting changes, prepayments and amendments of indebtedness, dispositions of assets, acquisitions and other investments, transactions with affiliates, dividends and redemptions or repurchases of stock, capital expenditures, and granting liens on certain real property. The Credit Agreement also contains customary financial covenants including (a) a quarterly maximum senior secured leverage ratio of 3.00 to 1.00, and (b) a quarterly minimum interest coverage ratio of 1.75 to 1.00. The Credit Agreement permits the Company to incur additional unsecured debt only if its consolidated interest coverage ratio, calculated as provided in the Credit Agreement would be greater than 2.00 to 1.00 after giving effect to such new debt. The Credit Agreement provides for customary events of default, including material breach of representations and warranties, failure to make required payments, failure to comply with certain agreements or covenants, failure to pay, or default under, certain other material indebtedness, certain events of bankruptcy and insolvency, inability to pay debts, the occurrence of one or more unstayed or undischarged judgments in excess of $75.0 , or attachments issued against a material part of the Company’s property, change in control, the invalidity of any loan document, the failure of the collateral documents to create a valid and perfected first priority lien and certain ERISA events. Upon the occurrence of an event of default, the maturity of the loans under the Credit Agreement may be accelerated and the agent and lenders under the Credit Agreement may exercise other rights and remedies available at law or under the loan documents, including with respect to the collateral and guarantees for the Company’s obligations under the Credit Agreement. Debt Covenants Under the terms of the Credit Agreement, the Company is required to comply with certain financial covenants consisting of ratios for quarterly maximum senior secured leverage and minimum interest coverage. As of June 30, 2015, the Company was in compliance with such financial covenants. The Company does not believe non-compliance is reasonably likely in the foreseeable future.

Pension and Other Postretiremen

Pension and Other Postretirement Benefits	9 Months Ended
Pension and Other Postretirement Benefits	Jun. 30, 2015
Pension and Other Postretirement Benefit Expense [Abstract]
Pension and other postretirement benefits	NOTE 15 — PENSION AND OTHER POSTRETIREMENT BENEFITS Certain of the Company’s employees are eligible to participate in the Company’s qualified and supplemental noncontributory defined benefit pension plans and other postretirement benefit plans (partially subsidized retiree health and life insurance) or separate plans for Post Foods Canada Inc. Amounts for the Canadian plans are included in these disclosures and are not disclosed separately because they do not constitute a significant portion of the combined amounts. The following tables provide the components of net periodic benefit cost for the plans. Pension Benefits Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Components of net periodic benefit cost Service cost $ 0.8 $ 0.9 $ 2.7 $ 2.7 Interest cost 0.6 0.6 1.7 1.7 Expected return on plan assets (0.6 ) (0.5 ) (1.8 ) (1.6 ) Recognized net actuarial loss 0.3 0.1 0.7 0.5 Recognized prior service cost — 0.1 0.2 0.3 Net periodic benefit cost $ 1.1 $ 1.2 $ 3.5 $ 3.6 Other Benefits Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Components of net periodic benefit cost Service cost $ 0.5 $ 0.5 $ 1.5 $ 1.5 Interest cost 1.2 1.1 3.6 3.4 Recognized net actuarial loss 0.3 0.1 1.0 0.3 Recognized prior service credit (0.4 ) (0.6 ) (1.2 ) (1.8 ) Net periodic benefit cost $ 1.6 $ 1.1 $ 4.9 $ 3.4

Segments

Segments	9 Months Ended
Segments	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 16 — SEGMENTS During the three months ended June 30, 2015, the Company reorganized its management reporting and realigned its reportable segments in accordance with ASC 280, “Segment Reporting.” Effective as of the quarter ended June 30, 2015, the reportable segments were as follows: • Post Consumer Brands: primarily consisting of branded RTE cereals; • Michael Foods Group: including the predominantly foodservice and food ingredient egg, potato and pasta businesses and the retail cheese business; • Active Nutrition: including protein shakes, bars and powders and nutritional supplements; and • Private Brands: primarily consisting of peanut and other nut butters, dried fruit and nuts, and granola. Management evaluates each segment’s performance based on its segment profit, which is its operating profit before impairment of property and intangible assets, facility closure related costs, restructuring expenses, losses on assets held for sale and other unallocated corporate income and expenses. During the first quarter of fiscal 2015, the Company changed its methodology for allocating certain corporate costs to segment profit. Accordingly, segment profit for the three and nine months ended June 30, 2014 has been adjusted to align with current year presentation. The following tables present information about the Company’s reportable segments, including corresponding amounts for the three and nine month periods of fiscal 2015 as well as for the corresponding periods of the prior year. Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Net Sales Post Consumer Brands $ 356.9 $ 238.2 $ 818.3 $ 714.6 Michael Foods Group 564.7 212.7 1,714.3 279.4 Active Nutrition 153.8 86.7 418.8 194.5 Private Brands 136.7 95.6 389.4 180.0 Eliminations (0.3 ) (0.2 ) (2.4 ) (0.5 ) Total $ 1,211.8 $ 633.0 $ 3,338.4 $ 1,368.0 Segment Profit (Loss) Post Consumer Brands $ 51.6 $ 44.8 $ 140.0 $ 126.4 Michael Foods Group 48.4 (9.6 ) 130.3 (10.8 ) Active Nutrition 7.9 (2.5 ) (2.9 ) 1.9 Private Brands 10.5 5.0 27.8 11.5 Total segment profit 118.4 37.7 295.2 129.0 General corporate expenses and other 37.1 29.7 123.3 96.1 Interest expense, net 65.0 57.0 184.9 123.3 Other (income) expense (41.9 ) 6.8 41.5 6.8 Income (loss) before income taxes $ 58.2 $ (55.8 ) $ (54.5 ) $ (97.2 ) Depreciation and amortization Post Consumer Brands $ 19.4 $ 13.0 $ 43.6 $ 38.9 Michael Foods Group 35.7 15.3 108.8 20.5 Active Nutrition 6.8 5.5 20.6 11.4 Private Brands 6.3 5.2 18.8 10.8 Total segment depreciation and amortization 68.2 39.0 191.8 81.6 Corporate and accelerated depreciation 2.2 3.7 4.9 12.3 Total $ 70.4 $ 42.7 $ 196.7 $ 93.9 June 30, 2015 September 30, 2014 Assets Post Consumer Brands $ 3,517.7 $ 2,325.1 Michael Foods Group 3,541.7 3,726.5 Active Nutrition 761.0 607.1 Private Brands 679.3 558.6 Corporate 360.0 513.8 Total $ 8,859.7 $ 7,731.1

Condensed Consolidating Financi

Condensed Consolidating Financial Statements of Guarantors	9 Months Ended
Condensed Consolidating Financial Statements of Guarantors	Jun. 30, 2015
Schedule Of Condensed Financial Statements [Abstract]
Guarantor Financials	NOTE 17 — CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF GUARANTORS On February 3, 2012, the Company issued 7.375% senior notes due February 2022 in an aggregate principal amount of $775.0 to Ralcorp pursuant to a contribution agreement in connection with the internal reorganization. The aggregate principal amount of the 7.375% senior notes was increased to a total of $1,375.0 by subsequent issuances completed on October 25, 2012 and July 18, 2013. On November 18, 2013, the Company issued 6.75% senior notes due December 2021 in an aggregate principal amount of $525.0 to certain qualified institutional buyers. The aggregate principal amount of the 6.75% senior notes was increased to a total of $875.0 by a subsequent issuance completed on March 19, 2014. On June 2, 2014, the Company issued 6.00% senior notes due December 2022 in an aggregate principal amount of $630.0 to certain qualified institutional buyers. The 7.375% senior notes, the 6.75% senior notes and the 6.00% senior notes are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by each of our existing and future domestic subsidiaries, the “Guarantors.” Our foreign subsidiaries, the “Non-Guarantors,” do not guarantee the senior notes. These guarantees are subject to release in limited circumstances (only upon the occurrence of certain customary conditions). POST HOLDINGS, INC. CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended June 30, 2015 Parent Non- Company Guarantors Guarantors Eliminations Total Net Sales $ — $ 1,077.8 $ 149.3 $ (15.3 ) $ 1,211.8 Cost of goods sold — 782.6 128.0 (15.3 ) 895.3 Gross Profit — 295.2 21.3 — 316.5 Selling, general and administrative expenses 3.9 176.9 12.5 — 193.3 Amortization of intangible assets — 34.2 2.5 — 36.7 Other operating expenses, net 1.0 4.2 — — 5.2 Operating (Loss) Profit (4.9 ) 79.9 6.3 — 81.3 Interest expense (income), net 61.9 (0.2 ) 3.3 — 65.0 Other expense, net (41.9 ) — — — (41.9 ) (Loss) Earnings before Income Taxes (24.9 ) 80.1 3.0 — 58.2 Income tax (benefit) expense 34.3 (2.3 ) 2.2 — 34.2 Net Earnings (Loss) before Equity in Subsidiaries (59.2 ) 82.4 0.8 — 24.0 Equity (loss) earnings in subsidiaries 83.2 (1.1 ) — (82.1 ) — Net Earnings (Loss) $ 24.0 $ 81.3 $ 0.8 $ (82.1 ) $ 24.0 Total Comprehensive Income (Loss) $ 31.4 $ 81.5 $ 4.4 $ (85.9 ) $ 31.4 Three Months Ended June 30, 2014 Parent Non- Company Guarantors Guarantors Eliminations Total Net Sales $ — $ 547.9 $ 92.1 $ (7.0 ) $ 633.0 Cost of goods sold — 411.1 80.3 (7.0 ) 484.4 Gross Profit — 136.8 11.8 — 148.6 Selling, general and administrative expenses 0.1 112.6 7.2 — 119.9 Amortization of intangible assets — 17.6 2.8 — 20.4 Other operating expenses, net — 0.3 — — 0.3 Operating (Loss) Profit (0.1 ) 6.3 1.8 — 8.0 Interest expense, net 53.8 (0.1 ) 3.3 — 57.0 Other expense (income) 6.8 — — — 6.8 (Loss) Earnings before Income Taxes (60.7 ) 6.4 (1.5 ) — (55.8 ) Income tax (benefit) expense (18.8 ) (1.8 ) (0.1 ) — (20.7 ) Net (Loss) Earnings before Equity in Subsidiaries (41.9 ) 8.2 (1.4 ) — (35.1 ) Equity earnings in subsidiaries 6.8 (0.8 ) — (6.0 ) — Net (Loss) Earnings $ (35.1 ) $ 7.4 $ (1.4 ) $ (6.0 ) $ (35.1 ) Total Comprehensive (Loss) Income $ (22.8 ) $ 7.3 $ 2.8 $ (10.1 ) $ (22.8 ) Nine Months Ended June 30, 2015 Parent Non- Company Guarantors Guarantors Eliminations Total Net Sales $ — $ 2,996.3 $ 378.7 $ (36.6 ) $ 3,338.4 Cost of goods sold — 2,211.3 322.6 (36.6 ) 2,497.3 Gross Profit — 785.0 56.1 — 841.1 Selling, general and administrative expenses 12.7 484.4 39.8 — 536.9 Amortization of intangible assets — 96.3 7.6 — 103.9 Other operating expenses, net 1.0 27.2 0.2 — 28.4 Operating (Loss) Profit (13.7 ) 177.1 8.5 — 171.9 Interest expense (income), net 175.9 (0.7 ) 9.7 — 184.9 Other expense, net 41.5 — — — 41.5 (Loss) Earnings before Income Taxes (231.1 ) 177.8 (1.2 ) — (54.5 ) Income tax (benefit) expense (49.7 ) 36.3 1.7 — (11.7 ) Net (Loss) Earnings before Equity in Subsidiaries (181.4 ) 141.5 (2.9 ) — (42.8 ) Equity earnings (loss) in subsidiaries 138.6 (2.2 ) — (136.4 ) — Net (Loss) Earnings $ (42.8 ) $ 139.3 $ (2.9 ) $ (136.4 ) $ (42.8 ) Total Comprehensive (Loss) Income $ (75.7 ) $ 140.0 $ (19.5 ) $ (120.5 ) $ (75.7 ) Nine Months Ended June 30, 2014 Parent Non- Company Guarantors Guarantors Eliminations Total Net Sales $ — $ 1,222.8 $ 162.9 $ (17.7 ) $ 1,368.0 Cost of goods sold — 853.0 140.2 (17.7 ) 975.5 Gross Profit — 369.8 22.7 — 392.5 Selling, general and administrative expenses 20.1 284.4 15.8 — 320.3 Amortization of intangible assets — 34.2 4.6 — 38.8 Other operating expenses, net — 0.5 — — 0.5 Operating (Loss) Profit (20.1 ) 50.7 2.3 — 32.9 Interest expense, net 118.2 (0.1 ) 5.2 — 123.3 Other expense (income) 6.8 — — — 6.8 (Loss) Earnings before Income Taxes (145.1 ) 50.8 (2.9 ) — (97.2 ) Income tax (benefit) expense (60.8 ) 19.8 (0.4 ) — (41.4 ) Net (Loss) Earnings before Equity in Subsidiaries (84.3 ) 31.0 (2.5 ) — (55.8 ) Equity earnings in subsidiaries 28.5 (0.8 ) — (27.7 ) — Net (Loss) Earnings $ (55.8 ) $ 30.2 $ (2.5 ) $ (27.7 ) $ (55.8 ) Total Comprehensive (Loss) Income $ (45.3 ) $ 29.8 $ 0.2 $ (30.0 ) $ (45.3 ) POST HOLDINGS, INC. CONDENSED CONSOLIDATING BALANCE SHEETS (Unaudited) June 30, 2015 Parent Non- Company Guarantors Guarantors Eliminations Total ASSETS Current Assets Cash and cash equivalents $ 214.3 $ 52.8 $ 20.2 $ (13.0 ) $ 274.3 Restricted cash 1.1 8.5 1.1 — 10.7 Receivables, net 15.3 340.9 56.3 (13.3 ) 399.2 Inventories — 418.4 72.9 — 491.3 Deferred income taxes 22.8 — — — 22.8 Intercompany notes receivable 21.7 — — (21.7 ) — Prepaid expenses and other current assets 16.2 45.4 9.4 — 71.0 Total Current Assets 291.4 866.0 159.9 (48.0 ) 1,269.3 Property, net — 1,293.0 51.6 — 1,344.6 Goodwill — 3,003.1 139.0 — 3,142.1 Other intangible assets, net — 2,912.6 106.5 — 3,019.1 Intercompany receivable 1,066.0 — — (1,066.0 ) — Intercompany notes receivable 158.6 — — (158.6 ) — Investment in subsidiaries 6,625.1 23.1 — (6,648.2 ) — Other assets 70.1 13.0 1.5 — 84.6 Total Assets $ 8,211.2 $ 8,110.8 $ 458.5 $ (7,920.8 ) $ 8,859.7 LIABILITIES AND SHAREHOLDERS’ EQUITY Current Liabilities Current portion of long-term debt $ 29.7 $ 2.0 $ 0.4 $ — $ 32.1 Accounts payable — 244.3 40.2 (26.3 ) 258.2 Intercompany notes payable — — 21.7 (21.7 ) — Other current liabilities 69.3 195.9 30.1 — 295.3 Total Current Liabilities 99.0 442.2 92.4 (48.0 ) 585.6 Long-term debt 4,491.2 1.9 2.8 — 4,495.9 Intercompany payable — 1,065.5 0.5 (1,066.0 ) — Intercompany notes payable — — 158.6 (158.6 ) — Deferred income taxes 844.7 — 26.8 — 871.5 Other liabilities 107.3 120.1 10.3 — 237.7 Total Liabilities 5,542.2 1,629.7 291.4 (1,272.6 ) 6,190.7 Total Shareholders’ Equity 2,669.0 6,481.1 167.1 (6,648.2 ) 2,669.0 Total Liabilities and Shareholders’ Equity $ 8,211.2 $ 8,110.8 $ 458.5 $ (7,920.8 ) $ 8,859.7 September 30, 2014 Parent Non- Company Guarantors Guarantors Eliminations Total ASSETS Current Assets Cash and cash equivalents $ 246.6 $ 15.7 $ 10.0 $ (3.9 ) $ 268.4 Restricted cash 1.1 79.8 3.9 — 84.8 Receivables, net 78.0 305.2 45.9 (15.4 ) 413.7 Inventories — 336.5 44.2 — 380.7 Deferred income taxes 27.0 — — — 27.0 Intercompany notes receivable 6.3 — — (6.3 ) — Prepaid expenses and other current assets 11.4 30.4 2.6 — 44.4 Total Current Assets 370.4 767.6 106.6 (25.6 ) 1,219.0 Property, net — 775.9 56.0 — 831.9 Goodwill — 2,732.8 153.9 — 2,886.7 Other intangible assets, net — 2,518.5 124.5 — 2,643.0 Intercompany receivable 1,015.4 — — (1,015.4 ) — Intercompany notes receivable 178.9 — — (178.9 ) — Investment in subsidiaries 5,543.1 8.1 — (5,551.2 ) — Other assets 61.7 86.1 2.7 — 150.5 Total Assets $ 7,169.5 $ 6,889.0 $ 443.7 $ (6,771.1 ) $ 7,731.1 LIABILITIES AND SHAREHOLDERS’ EQUITY Current Liabilities Current portion of long-term debt $ 22.2 $ 3.0 $ 0.4 $ — $ 25.6 Accounts payable — 212.2 32.1 (19.3 ) 225.0 Intercompany notes payable — — 6.3 (6.3 ) — Other current liabilities 100.4 153.8 15.1 — 269.3 Total Current Liabilities 122.6 369.0 53.9 (25.6 ) 519.9 Long-term debt 3,824.2 2.9 3.4 — 3,830.5 Intercompany payable — 1,013.8 1.6 (1,015.4 ) — Intercompany notes payable — — 178.9 (178.9 ) — Deferred income taxes 883.8 — 31.3 — 915.1 Other liabilities 55.7 115.9 10.8 — 182.4 Total Liabilities 4,886.3 1,501.6 279.9 (1,219.9 ) 5,447.9 Total Shareholders’ Equity 2,283.2 5,387.4 163.8 (5,551.2 ) 2,283.2 Total Liabilities and Shareholders’ Equity $ 7,169.5 $ 6,889.0 $ 443.7 $ (6,771.1 ) $ 7,731.1 POST HOLDINGS, INC. CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (Unaudited) Nine Months Ended June 30, 2015 Parent Non- Company Guarantors Guarantors Eliminations Total Net Cash (Used In) Provided by Operating Activities $ (35.9 ) $ 453.4 $ (5.2 ) $ (150.6 ) $ 261.7 Cash Flows from Investing Activities Business acquisitions (1,067.1 ) (172.1 ) (1.2 ) — (1,240.4 ) Additions to property — (71.6 ) (2.7 ) — (74.3 ) Restricted cash — 71.3 2.7 — 74.0 Insurance proceeds on property losses — 1.8 — — 1.8 Other, net — 0.2 — — 0.2 Proceeds from equity distributions 240.0 — — (240.0 ) — Capitalization of subsidiaries (138.5 ) — — 138.5 — Net payments for intercompany revolver (17.4 ) — — 17.4 — Net Cash Provided by (Used in) Investing Activities (983.0 ) (170.4 ) (1.2 ) (84.1 ) (1,238.7 ) Cash Flows from Financing Activities Proceeds from issuance of senior notes 696.5 — — — 696.5 Proceeds from issuance of common stock 341.4 — — — 341.4 Repayments of long-term debt (18.3 ) (2.0 ) (0.4 ) — (20.7 ) Payment of dividend (12.8 ) — — — (12.8 ) Payments of debt issuance costs (18.5 ) — — — (18.5 ) Other, net (1.7 ) — — — (1.7 ) Proceeds from Parent capitalization — 128.0 0.9 (128.9 ) — Payments for equity distributions — (371.9 ) — 371.9 — Net receipts from intercompany revolver — — 17.4 (17.4 ) — Net Cash Provided by (Used in) Financing Activities 986.6 (245.9 ) 17.9 225.6 984.2 Effect of exchange rate changes on cash and cash equivalents — — (1.3 ) — (1.3 ) Net Increase (Decrease) in Cash and Cash Equivalents (32.3 ) 37.1 10.2 (9.1 ) 5.9 Cash and Cash Equivalents, Beginning of Year 246.6 15.7 10.0 (3.9 ) 268.4 Cash and Cash Equivalents, End of Period $ 214.3 $ 52.8 $ 20.2 $ (13.0 ) $ 274.3 Nine Months Ended June 30, 2014 Parent Non- Company Guarantors Guarantors Eliminations Total Net Cash (Used in) Provided by Operating Activities $ (12.3 ) $ 128.1 $ (6.0 ) $ (35.3 ) $ 74.5 Cash Flows from Investing Activities Business acquisitions (3,329.1 ) 72.6 (287.2 ) — (3,543.7 ) Additions to property — (76.3 ) (2.4 ) — (78.7 ) Restricted cash 37.0 (1.5 ) (0.7 ) — 34.8 Proceeds from equity contributions 121.9 — — (121.9 ) — Capitalization of subsidiaries (319.0 ) — — 319.0 — Net Cash Used in Investing Activities (3,489.2 ) (5.2 ) (290.3 ) 197.1 (3,587.6 ) Cash Flows from Financing Activities Proceeds from issuance of senior notes 2,385.6 — — — 2,385.6 Proceeds from issuance of preferred stock 310.2 — — — 310.2 Proceeds from issuance of common stock 593.4 — — — 593.4 Proceeds from issuance of debt component of tangible equity units 41.8 — — — 41.8 Proceeds from issuance of equity component of tangible equity units, net of issuance costs 238.1 — — — 238.1 Payment of preferred stock dividend (10.2 ) — — — (10.2 ) Payments of debt issuance costs (63.8 ) — — — (63.8 ) Other, net 0.3 (0.1 ) — — 0.2 Proceeds from parent capitalization — 26.2 292.8 (319.0 ) — Payments for equity distributions — (152.9 ) — 152.9 — Net Cash Provided by (Used in) by Financing Activities 3,495.4 (126.8 ) 292.8 (166.1 ) 3,495.3 Effect of Exchange Rate Changes on Cash (6.7 ) — (0.2 ) — (6.9 ) Net Increase (Decrease) in Cash and Cash Equivalents (12.8 ) (3.9 ) (3.7 ) (4.3 ) (24.7 ) Cash and Cash Equivalents, Beginning of Year 391.4 4.1 8.2 (1.7 ) 402.0 Cash and Cash Equivalents, End of Period $ 378.6 $ 0.2 $ 4.5 $ (6.0 ) $ 377.3

Restructuring (Tables)

Restructuring (Tables)	9 Months Ended
Restructuring (Tables)	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	Employee-Related Costs Pension Curtailment Accelerated Depreciation Total Balance at September 30, 2013 $ 2.1 $ — $ — $ 2.1 Charge to expense 0.9 — 6.8 7.7 Cash payments (0.9 ) — — (0.9 ) Non-cash charges — — (6.8 ) (6.8 ) Balance at June 30, 2014 $ 2.1 $ — $ — $ 2.1 Balance at September 30, 2014 $ 0.7 $ — $ — $ 0.7 Charge to expense 12.8 — 1.0 13.8 Cash payments (0.8 ) — — (0.8 ) Non-cash charges — — (1.0 ) (1.0 ) Balance at June 30, 2015 $ 12.7 $ — $ — $ 12.7 Total expected restructuring charge $ 16.0 $ 1.7 $ 20.7 $ 38.4 Cumulative restructuring charges incurred to date 16.0 1.7 18.6 36.3 Remaining expected restructuring charge $ — $ — $ 2.1 $ 2.1

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
Business Combinations (Tables)	Jun. 30, 2015
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition	PowerBar ABC MOM Brands Cash and cash equivalents $ 2.4 $ 0.6 $ 11.1 Receivables 6.5 12.8 41.7 Inventories 23.1 15.5 97.9 Prepaid expenses and other current assets 0.1 0.4 6.2 Property 17.9 19.7 532.1 Goodwill 18.8 49.6 196.7 Other intangible assets 61.0 71.9 364.4 Deferred tax asset - long-term 11.7 — — Other assets — 0.4 — Accounts payable (1.2 ) (9.0 ) (43.0 ) Deferred tax liability - current (0.2 ) (0.4 ) (5.4 ) Other current liabilities (4.6 ) (2.8 ) (19.3 ) Deferred tax liability - long-term (1.1 ) (30.7 ) (6.9 ) Total acquisition cost $ 134.4 $ 128.0 $ 1,175.5
Purchase Price Adjustments by Business Combination	Acquisition Date Amounts Recognized as of September 30, 2014 (a) Adjustments During the Nine Months Ended June 30, 2015 Acquisition Date Amounts Recognized (as Adjusted) Cash and cash equivalents $ 73.8 $ — $ 73.8 Restricted cash 3.4 — 3.4 Receivables (b) (d) 219.6 (0.3 ) 219.3 Income tax receivable 62.5 — 62.5 Inventories 289.9 — 289.9 Deferred tax asset - current (b) 5.4 0.7 6.1 Prepaid expenses and other current assets 9.3 — 9.3 Property 440.5 — 440.5 Goodwill 1,605.4 5.2 1,610.6 Other intangible assets 1,883.7 — 1,883.7 Other assets 9.1 — 9.1 Current portion of long-term debt (3.7 ) — (3.7 ) Accounts payable (d) (142.6 ) 0.2 (142.4 ) Other current liabilities (d) (121.5 ) (0.3 ) (121.8 ) Long-term debt (8.4 ) — (8.4 ) Deferred tax liability - long-term (b) (697.1 ) 7.0 (690.1 ) Other liabilities (b) (11.8 ) (9.0 ) (20.8 ) Total acquisition cost (c) $ 3,617.5 $ 3.5 $ 3,621.0
Business Acquisition, Pro Forma Information	Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Pro forma net sales $ 1,283.7 $ 1,245.5 $ 3,813.3 $ 3,689.1 Pro forma net income (loss) available to common shareholders 45.9 (18.3 ) (3.2 ) (45.8 ) Pro forma basic income (loss) per share $ 0.78 $ (0.43 ) $ (0.06 ) $ (1.26 ) Pro forma diluted income (loss) per share $ 0.75 $ (0.43 ) $ (0.06 ) $ (1.26 )

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
Goodwill (Tables)	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in carrying amount of goodwill	Post Consumer Brands Michael Foods Group Active Nutrition Private Brands Total Balance, September 30, 2014 Goodwill (gross) $ 1,799.3 $ 1,347.2 $ 151.3 $ 229.3 $ 3,527.1 Accumulated impairment losses (609.1 ) — (31.3 ) — (640.4 ) Goodwill (net) $ 1,190.2 $ 1,347.2 $ 120.0 $ 229.3 $ 2,886.7 Goodwill acquired 196.7 — 18.8 49.6 265.1 Acquisition related adjustment — (5.6 ) 10.8 — 5.2 Currency translation adjustment (0.6 ) — — (14.3 ) (14.9 ) Balance, June 30, 2015 Goodwill (gross) $ 1,995.4 $ 1,341.6 $ 180.9 $ 264.6 $ 3,782.5 Accumulated impairment losses (609.1 ) — (31.3 ) — (640.4 ) Goodwill (net) $ 1,386.3 $ 1,341.6 $ 149.6 $ 264.6 $ 3,142.1

Intangible Assets, net (Tables)

Intangible Assets, net (Tables)	9 Months Ended
Intangible Assets, net (Tables)	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Total intangible assets	June 30, 2015 September 30, 2014 Carrying Accumulated Amortization Net Carrying Accumulated Amortization Net Subject to amortization: Customer relationships $ 2,004.4 $ (166.3 ) $ 1,838.1 $ 1,743.7 $ (90.9 ) $ 1,652.8 Trademarks/brands 782.9 (69.1 ) 713.8 554.7 (43.9 ) 510.8 Other intangible assets 22.8 (5.1 ) 17.7 24.7 (3.0 ) 21.7 2,810.1 (240.5 ) 2,569.6 2,323.1 (137.8 ) 2,185.3 Not subject to amortization: Trademarks/brands 449.5 — 449.5 457.7 — 457.7 $ 3,259.6 $ (240.5 ) $ 3,019.1 $ 2,780.8 $ (137.8 ) $ 2,643.0

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
Earnings (Loss) Per Share (Tables)	Jun. 30, 2015
Earnings Per Share [Abstract]
Computation of basic and diluted earnings per share	The following table sets forth the computation of basic and diluted earnings (loss) per share for the three and nine months ended June 30, 2015 and 2014. Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Net earnings for basic earnings (loss) per share $ 19.8 $ (39.3 ) $ (55.5 ) $ (66.9 ) Net earnings for diluted earnings (loss) per share $ 19.8 $ (39.3 ) $ (55.5 ) $ (66.9 ) Weighted-average shares outstanding 54.0 42.6 49.5 36.3 Effect of TEUs on weighted-average shares for basic earnings (loss) per share 4.9 — 4.9 — Weighted-average shares for basic earnings (loss) per share 58.9 42.6 54.4 36.3 Effect of dilutive securities: Stock options 0.7 — — — Stock appreciation rights 0.1 — — — Restricted stock awards 0.3 — — — TEUs 0.8 — — — Total dilutive securities 1.9 — — — Weighted-average shares for diluted earnings (loss) per share 60.8 42.6 54.4 36.3 Basic earnings (loss) per common share $ 0.34 $ (0.92 ) $ (1.02 ) $ (1.84 ) Diluted earnings (loss) per common share $ 0.33 $ (0.92 ) $ (1.02 ) $ (1.84 )
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Stock options 1.3 3.0 4.6 3.0 Stock appreciation rights 0.1 0.5 0.3 0.5 Restricted stock awards — 0.3 0.5 0.3 TEUs — 0.8 0.9 0.8 Preferred shares conversion to common 11.0 11.0 11.0 11.0

Inventories (Tables)

Inventories (Tables)	9 Months Ended
Inventories (Tables)	Jun. 30, 2015
Inventory [Abstract]
Schedule of Inventory	June 30, 2015 September 30, 2014 Raw materials and supplies $ 144.5 $ 99.2 Work in process 16.3 16.3 Finished products 316.2 235.8 Flocks 14.3 29.4 $ 491.3 $ 380.7

Property, net (Tables)

Property, net (Tables)	9 Months Ended
Property, net (Tables)	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Schedule of Property, net	June 30, 2015 September 30, 2014 Property, at cost $ 1,718.6 $ 1,121.0 Accumulated depreciation (374.0 ) (289.1 ) $ 1,344.6 $ 831.9

Derivative Financial Instrume31

Derivative Financial Instruments and Hedging (Tables)	9 Months Ended
Derivative Financial Instruments and Hedging (Tables)	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position	Fair Value of Assets as of June 30, 2015 Balance Sheet Location Gross Amounts of Recognized Assets Gross Amounts Offset in the Condensed Consolidated Balance Sheet Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet Commodity contracts Prepaid expenses and other current assets $ 5.3 $ — $ 5.3 Natural gas and heating oil futures Prepaid expenses and other current assets 1.1 — 1.1 $ 6.4 $ — $ 6.4 Fair Value of Liabilities as of June 30, 2015 Balance Sheet Location Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Condensed Consolidated Balance Sheet Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet Commodity contracts Other current liabilities $ 1.8 $ — $ 1.8 Natural gas and heating oil futures Other current liabilities 3.7 — 3.7 Interest rate swaps Other current liabilities 1.7 — 1.7 Interest rate swaps Other liabilities 80.2 — 80.2 $ 87.4 $ — $ 87.4 Fair Value of Liabilities as of September 30, 2014 Balance Sheet Location Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Condensed Consolidated Balance Sheet Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet Commodity contracts Other current liabilities $ 8.0 $ — $ 8.0 Natural gas and heating oil futures Other current liabilities 0.9 — 0.9 Interest rate swaps Other current liabilities 2.7 — 2.7 Interest rate swaps Other liabilities 40.4 — 40.4 $ 52.0 $ — $ 52.0
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	(Gain) Loss Recognized in Earnings Three Months Ended June 30, Nine Months Ended June 30, Location of (Gain) Loss Recognized in Earnings Derivative Instrument 2015 2014 2015 2014 Commodity contracts Cost of goods sold $ (4.8 ) $ 1.9 $ (13.2 ) $ 0.9 Natural gas and heating oil futures Cost of goods sold 4.5 (0.7 ) 8.1 (1.2 ) Foreign exchange contracts Selling, general and administrative expenses — — — 6.3 Interest rate swaps Other (income) expense (41.9 ) 6.8 41.5 6.8

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
Fair Value Measurements (Tables)	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Assets and liabilities measured at fair value	The following table represents Post’s assets and liabilities measured at fair value on a recurring basis and the basis for that measurement according to the levels in the fair value hierarchy in ASC Topic 820. June 30, 2015 September 30, 2014 Total Level 1 Level 2 Total Level 1 Level 2 Assets: Deferred compensation investment $ 11.2 $ 11.2 $ — $ 10.2 $ 10.2 $ — Derivative assets 6.4 — 6.4 — — — $ 17.6 $ 11.2 $ 6.4 $ 10.2 $ 10.2 $ — Liabilities: Deferred compensation liabilities $ 16.3 $ — $ 16.3 $ 12.3 $ — $ 12.3 Derivative liabilities 87.4 — 87.4 52.0 — 52.0 $ 103.7 $ — $ 103.7 $ 64.3 $ — $ 64.3 The following table represents the fair value of Post’s long-term debt which is classified as Level 2 in the fair value hierarchy per ASC Topic 820: June 30, 2015 September 30, 2014 Senior notes $ 2,870.0 $ 2,768.2 Term loan 1,568.7 872.9 TEUs 29.7 29.5 4.57% 2012 Series Bond maturing September 2017 3.9 4.8 Secured notes — 1.1 Capital leases 3.1 3.8 $ 4,475.4 $ 3,680.3

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
Long-Term Debt (Tables)	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt as of the dates indicated consists of the following: June 30, 2015 September 30, 2014 7.375% Senior Notes maturing February 2022 $ 1,375.0 $ 1,375.0 6.75% Senior Notes maturing December 2021 875.0 875.0 6.00% Senior Notes maturing December 2022 630.0 630.0 Term loan 1,574.4 882.8 TEUs 28.5 38.4 4.57% 2012 Series Bond maturing September 2017 3.9 4.8 Secured notes — 1.1 Capital leases 3.1 3.8 $ 4,489.9 $ 3,810.9 Less: Current portion (32.1 ) (25.6 ) Plus: Unamortized premium (discount), net 38.1 45.2 Total long-term debt $ 4,495.9 $ 3,830.5

Pension and Other Postretirem34

Pension and Other Postretirement Benefits (Tables)	9 Months Ended
Pension and Other Postretirement Benefits (Tables)	Jun. 30, 2015
Pension and Other Postretirement Benefit Expense [Abstract]
Schedule of net benefit costs and assumptions used in calculation	The following tables provide the components of net periodic benefit cost for the plans. Pension Benefits Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Components of net periodic benefit cost Service cost $ 0.8 $ 0.9 $ 2.7 $ 2.7 Interest cost 0.6 0.6 1.7 1.7 Expected return on plan assets (0.6 ) (0.5 ) (1.8 ) (1.6 ) Recognized net actuarial loss 0.3 0.1 0.7 0.5 Recognized prior service cost — 0.1 0.2 0.3 Net periodic benefit cost $ 1.1 $ 1.2 $ 3.5 $ 3.6 Other Benefits Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Components of net periodic benefit cost Service cost $ 0.5 $ 0.5 $ 1.5 $ 1.5 Interest cost 1.2 1.1 3.6 3.4 Recognized net actuarial loss 0.3 0.1 1.0 0.3 Recognized prior service credit (0.4 ) (0.6 ) (1.2 ) (1.8 ) Net periodic benefit cost $ 1.6 $ 1.1 $ 4.9 $ 3.4

Segments (Tables)

Segments (Tables)	9 Months Ended
Segments (Tables)	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Net Sales Post Consumer Brands $ 356.9 $ 238.2 $ 818.3 $ 714.6 Michael Foods Group 564.7 212.7 1,714.3 279.4 Active Nutrition 153.8 86.7 418.8 194.5 Private Brands 136.7 95.6 389.4 180.0 Eliminations (0.3 ) (0.2 ) (2.4 ) (0.5 ) Total $ 1,211.8 $ 633.0 $ 3,338.4 $ 1,368.0 Segment Profit (Loss) Post Consumer Brands $ 51.6 $ 44.8 $ 140.0 $ 126.4 Michael Foods Group 48.4 (9.6 ) 130.3 (10.8 ) Active Nutrition 7.9 (2.5 ) (2.9 ) 1.9 Private Brands 10.5 5.0 27.8 11.5 Total segment profit 118.4 37.7 295.2 129.0 General corporate expenses and other 37.1 29.7 123.3 96.1 Interest expense, net 65.0 57.0 184.9 123.3 Other (income) expense (41.9 ) 6.8 41.5 6.8 Income (loss) before income taxes $ 58.2 $ (55.8 ) $ (54.5 ) $ (97.2 ) Depreciation and amortization Post Consumer Brands $ 19.4 $ 13.0 $ 43.6 $ 38.9 Michael Foods Group 35.7 15.3 108.8 20.5 Active Nutrition 6.8 5.5 20.6 11.4 Private Brands 6.3 5.2 18.8 10.8 Total segment depreciation and amortization 68.2 39.0 191.8 81.6 Corporate and accelerated depreciation 2.2 3.7 4.9 12.3 Total $ 70.4 $ 42.7 $ 196.7 $ 93.9 June 30, 2015 September 30, 2014 Assets Post Consumer Brands $ 3,517.7 $ 2,325.1 Michael Foods Group 3,541.7 3,726.5 Active Nutrition 761.0 607.1 Private Brands 679.3 558.6 Corporate 360.0 513.8 Total $ 8,859.7 $ 7,731.1

Condensed Consolidating Finan36

Condensed Consolidating Financial Statements of Guarantors (Tables)	9 Months Ended
	Jun. 30, 2015
Schedule Of Condensed Financial Statements [Abstract]
Schedule of Condensed Income Statement [Table Text Block]	POST HOLDINGS, INC. CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended June 30, 2015 Parent Non- Company Guarantors Guarantors Eliminations Total Net Sales $ — $ 1,077.8 $ 149.3 $ (15.3 ) $ 1,211.8 Cost of goods sold — 782.6 128.0 (15.3 ) 895.3 Gross Profit — 295.2 21.3 — 316.5 Selling, general and administrative expenses 3.9 176.9 12.5 — 193.3 Amortization of intangible assets — 34.2 2.5 — 36.7 Other operating expenses, net 1.0 4.2 — — 5.2 Operating (Loss) Profit (4.9 ) 79.9 6.3 — 81.3 Interest expense (income), net 61.9 (0.2 ) 3.3 — 65.0 Other expense, net (41.9 ) — — — (41.9 ) (Loss) Earnings before Income Taxes (24.9 ) 80.1 3.0 — 58.2 Income tax (benefit) expense 34.3 (2.3 ) 2.2 — 34.2 Net Earnings (Loss) before Equity in Subsidiaries (59.2 ) 82.4 0.8 — 24.0 Equity (loss) earnings in subsidiaries 83.2 (1.1 ) — (82.1 ) — Net Earnings (Loss) $ 24.0 $ 81.3 $ 0.8 $ (82.1 ) $ 24.0 Total Comprehensive Income (Loss) $ 31.4 $ 81.5 $ 4.4 $ (85.9 ) $ 31.4 Three Months Ended June 30, 2014 Parent Non- Company Guarantors Guarantors Eliminations Total Net Sales $ — $ 547.9 $ 92.1 $ (7.0 ) $ 633.0 Cost of goods sold — 411.1 80.3 (7.0 ) 484.4 Gross Profit — 136.8 11.8 — 148.6 Selling, general and administrative expenses 0.1 112.6 7.2 — 119.9 Amortization of intangible assets — 17.6 2.8 — 20.4 Other operating expenses, net — 0.3 — — 0.3 Operating (Loss) Profit (0.1 ) 6.3 1.8 — 8.0 Interest expense, net 53.8 (0.1 ) 3.3 — 57.0 Other expense (income) 6.8 — — — 6.8 (Loss) Earnings before Income Taxes (60.7 ) 6.4 (1.5 ) — (55.8 ) Income tax (benefit) expense (18.8 ) (1.8 ) (0.1 ) — (20.7 ) Net (Loss) Earnings before Equity in Subsidiaries (41.9 ) 8.2 (1.4 ) — (35.1 ) Equity earnings in subsidiaries 6.8 (0.8 ) — (6.0 ) — Net (Loss) Earnings $ (35.1 ) $ 7.4 $ (1.4 ) $ (6.0 ) $ (35.1 ) Total Comprehensive (Loss) Income $ (22.8 ) $ 7.3 $ 2.8 $ (10.1 ) $ (22.8 ) Nine Months Ended June 30, 2015 Parent Non- Company Guarantors Guarantors Eliminations Total Net Sales $ — $ 2,996.3 $ 378.7 $ (36.6 ) $ 3,338.4 Cost of goods sold — 2,211.3 322.6 (36.6 ) 2,497.3 Gross Profit — 785.0 56.1 — 841.1 Selling, general and administrative expenses 12.7 484.4 39.8 — 536.9 Amortization of intangible assets — 96.3 7.6 — 103.9 Other operating expenses, net 1.0 27.2 0.2 — 28.4 Operating (Loss) Profit (13.7 ) 177.1 8.5 — 171.9 Interest expense (income), net 175.9 (0.7 ) 9.7 — 184.9 Other expense, net 41.5 — — — 41.5 (Loss) Earnings before Income Taxes (231.1 ) 177.8 (1.2 ) — (54.5 ) Income tax (benefit) expense (49.7 ) 36.3 1.7 — (11.7 ) Net (Loss) Earnings before Equity in Subsidiaries (181.4 ) 141.5 (2.9 ) — (42.8 ) Equity earnings (loss) in subsidiaries 138.6 (2.2 ) — (136.4 ) — Net (Loss) Earnings $ (42.8 ) $ 139.3 $ (2.9 ) $ (136.4 ) $ (42.8 ) Total Comprehensive (Loss) Income $ (75.7 ) $ 140.0 $ (19.5 ) $ (120.5 ) $ (75.7 ) Nine Months Ended June 30, 2014 Parent Non- Company Guarantors Guarantors Eliminations Total Net Sales $ — $ 1,222.8 $ 162.9 $ (17.7 ) $ 1,368.0 Cost of goods sold — 853.0 140.2 (17.7 ) 975.5 Gross Profit — 369.8 22.7 — 392.5 Selling, general and administrative expenses 20.1 284.4 15.8 — 320.3 Amortization of intangible assets — 34.2 4.6 — 38.8 Other operating expenses, net — 0.5 — — 0.5 Operating (Loss) Profit (20.1 ) 50.7 2.3 — 32.9 Interest expense, net 118.2 (0.1 ) 5.2 — 123.3 Other expense (income) 6.8 — — — 6.8 (Loss) Earnings before Income Taxes (145.1 ) 50.8 (2.9 ) — (97.2 ) Income tax (benefit) expense (60.8 ) 19.8 (0.4 ) — (41.4 ) Net (Loss) Earnings before Equity in Subsidiaries (84.3 ) 31.0 (2.5 ) — (55.8 ) Equity earnings in subsidiaries 28.5 (0.8 ) — (27.7 ) — Net (Loss) Earnings $ (55.8 ) $ 30.2 $ (2.5 ) $ (27.7 ) $ (55.8 ) Total Comprehensive (Loss) Income $ (45.3 ) $ 29.8 $ 0.2 $ (30.0 ) $ (45.3 )
Schedule of Condensed Balance Sheet [Table Text Block]	POST HOLDINGS, INC. CONDENSED CONSOLIDATING BALANCE SHEETS (Unaudited) June 30, 2015 Parent Non- Company Guarantors Guarantors Eliminations Total ASSETS Current Assets Cash and cash equivalents $ 214.3 $ 52.8 $ 20.2 $ (13.0 ) $ 274.3 Restricted cash 1.1 8.5 1.1 — 10.7 Receivables, net 15.3 340.9 56.3 (13.3 ) 399.2 Inventories — 418.4 72.9 — 491.3 Deferred income taxes 22.8 — — — 22.8 Intercompany notes receivable 21.7 — — (21.7 ) — Prepaid expenses and other current assets 16.2 45.4 9.4 — 71.0 Total Current Assets 291.4 866.0 159.9 (48.0 ) 1,269.3 Property, net — 1,293.0 51.6 — 1,344.6 Goodwill — 3,003.1 139.0 — 3,142.1 Other intangible assets, net — 2,912.6 106.5 — 3,019.1 Intercompany receivable 1,066.0 — — (1,066.0 ) — Intercompany notes receivable 158.6 — — (158.6 ) — Investment in subsidiaries 6,625.1 23.1 — (6,648.2 ) — Other assets 70.1 13.0 1.5 — 84.6 Total Assets $ 8,211.2 $ 8,110.8 $ 458.5 $ (7,920.8 ) $ 8,859.7 LIABILITIES AND SHAREHOLDERS’ EQUITY Current Liabilities Current portion of long-term debt $ 29.7 $ 2.0 $ 0.4 $ — $ 32.1 Accounts payable — 244.3 40.2 (26.3 ) 258.2 Intercompany notes payable — — 21.7 (21.7 ) — Other current liabilities 69.3 195.9 30.1 — 295.3 Total Current Liabilities 99.0 442.2 92.4 (48.0 ) 585.6 Long-term debt 4,491.2 1.9 2.8 — 4,495.9 Intercompany payable — 1,065.5 0.5 (1,066.0 ) — Intercompany notes payable — — 158.6 (158.6 ) — Deferred income taxes 844.7 — 26.8 — 871.5 Other liabilities 107.3 120.1 10.3 — 237.7 Total Liabilities 5,542.2 1,629.7 291.4 (1,272.6 ) 6,190.7 Total Shareholders’ Equity 2,669.0 6,481.1 167.1 (6,648.2 ) 2,669.0 Total Liabilities and Shareholders’ Equity $ 8,211.2 $ 8,110.8 $ 458.5 $ (7,920.8 ) $ 8,859.7 September 30, 2014 Parent Non- Company Guarantors Guarantors Eliminations Total ASSETS Current Assets Cash and cash equivalents $ 246.6 $ 15.7 $ 10.0 $ (3.9 ) $ 268.4 Restricted cash 1.1 79.8 3.9 — 84.8 Receivables, net 78.0 305.2 45.9 (15.4 ) 413.7 Inventories — 336.5 44.2 — 380.7 Deferred income taxes 27.0 — — — 27.0 Intercompany notes receivable 6.3 — — (6.3 ) — Prepaid expenses and other current assets 11.4 30.4 2.6 — 44.4 Total Current Assets 370.4 767.6 106.6 (25.6 ) 1,219.0 Property, net — 775.9 56.0 — 831.9 Goodwill — 2,732.8 153.9 — 2,886.7 Other intangible assets, net — 2,518.5 124.5 — 2,643.0 Intercompany receivable 1,015.4 — — (1,015.4 ) — Intercompany notes receivable 178.9 — — (178.9 ) — Investment in subsidiaries 5,543.1 8.1 — (5,551.2 ) — Other assets 61.7 86.1 2.7 — 150.5 Total Assets $ 7,169.5 $ 6,889.0 $ 443.7 $ (6,771.1 ) $ 7,731.1 LIABILITIES AND SHAREHOLDERS’ EQUITY Current Liabilities Current portion of long-term debt $ 22.2 $ 3.0 $ 0.4 $ — $ 25.6 Accounts payable — 212.2 32.1 (19.3 ) 225.0 Intercompany notes payable — — 6.3 (6.3 ) — Other current liabilities 100.4 153.8 15.1 — 269.3 Total Current Liabilities 122.6 369.0 53.9 (25.6 ) 519.9 Long-term debt 3,824.2 2.9 3.4 — 3,830.5 Intercompany payable — 1,013.8 1.6 (1,015.4 ) — Intercompany notes payable — — 178.9 (178.9 ) — Deferred income taxes 883.8 — 31.3 — 915.1 Other liabilities 55.7 115.9 10.8 — 182.4 Total Liabilities 4,886.3 1,501.6 279.9 (1,219.9 ) 5,447.9 Total Shareholders’ Equity 2,283.2 5,387.4 163.8 (5,551.2 ) 2,283.2 Total Liabilities and Shareholders’ Equity $ 7,169.5 $ 6,889.0 $ 443.7 $ (6,771.1 ) $ 7,731.1
Schedule of Condensed Cash Flow Statement [Table Text Block]	POST HOLDINGS, INC. CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (Unaudited) Nine Months Ended June 30, 2015 Parent Non- Company Guarantors Guarantors Eliminations Total Net Cash (Used In) Provided by Operating Activities $ (35.9 ) $ 453.4 $ (5.2 ) $ (150.6 ) $ 261.7 Cash Flows from Investing Activities Business acquisitions (1,067.1 ) (172.1 ) (1.2 ) — (1,240.4 ) Additions to property — (71.6 ) (2.7 ) — (74.3 ) Restricted cash — 71.3 2.7 — 74.0 Insurance proceeds on property losses — 1.8 — — 1.8 Other, net — 0.2 — — 0.2 Proceeds from equity distributions 240.0 — — (240.0 ) — Capitalization of subsidiaries (138.5 ) — — 138.5 — Net payments for intercompany revolver (17.4 ) — — 17.4 — Net Cash Provided by (Used in) Investing Activities (983.0 ) (170.4 ) (1.2 ) (84.1 ) (1,238.7 ) Cash Flows from Financing Activities Proceeds from issuance of senior notes 696.5 — — — 696.5 Proceeds from issuance of common stock 341.4 — — — 341.4 Repayments of long-term debt (18.3 ) (2.0 ) (0.4 ) — (20.7 ) Payment of dividend (12.8 ) — — — (12.8 ) Payments of debt issuance costs (18.5 ) — — — (18.5 ) Other, net (1.7 ) — — — (1.7 ) Proceeds from Parent capitalization — 128.0 0.9 (128.9 ) — Payments for equity distributions — (371.9 ) — 371.9 — Net receipts from intercompany revolver — — 17.4 (17.4 ) — Net Cash Provided by (Used in) Financing Activities 986.6 (245.9 ) 17.9 225.6 984.2 Effect of exchange rate changes on cash and cash equivalents — — (1.3 ) — (1.3 ) Net Increase (Decrease) in Cash and Cash Equivalents (32.3 ) 37.1 10.2 (9.1 ) 5.9 Cash and Cash Equivalents, Beginning of Year 246.6 15.7 10.0 (3.9 ) 268.4 Cash and Cash Equivalents, End of Period $ 214.3 $ 52.8 $ 20.2 $ (13.0 ) $ 274.3 Nine Months Ended June 30, 2014 Parent Non- Company Guarantors Guarantors Eliminations Total Net Cash (Used in) Provided by Operating Activities $ (12.3 ) $ 128.1 $ (6.0 ) $ (35.3 ) $ 74.5 Cash Flows from Investing Activities Business acquisitions (3,329.1 ) 72.6 (287.2 ) — (3,543.7 ) Additions to property — (76.3 ) (2.4 ) — (78.7 ) Restricted cash 37.0 (1.5 ) (0.7 ) — 34.8 Proceeds from equity contributions 121.9 — — (121.9 ) — Capitalization of subsidiaries (319.0 ) — — 319.0 — Net Cash Used in Investing Activities (3,489.2 ) (5.2 ) (290.3 ) 197.1 (3,587.6 ) Cash Flows from Financing Activities Proceeds from issuance of senior notes 2,385.6 — — — 2,385.6 Proceeds from issuance of preferred stock 310.2 — — — 310.2 Proceeds from issuance of common stock 593.4 — — — 593.4 Proceeds from issuance of debt component of tangible equity units 41.8 — — — 41.8 Proceeds from issuance of equity component of tangible equity units, net of issuance costs 238.1 — — — 238.1 Payment of preferred stock dividend (10.2 ) — — — (10.2 ) Payments of debt issuance costs (63.8 ) — — — (63.8 ) Other, net 0.3 (0.1 ) — — 0.2 Proceeds from parent capitalization — 26.2 292.8 (319.0 ) — Payments for equity distributions — (152.9 ) — 152.9 — Net Cash Provided by (Used in) by Financing Activities 3,495.4 (126.8 ) 292.8 (166.1 ) 3,495.3 Effect of Exchange Rate Changes on Cash (6.7 ) — (0.2 ) — (6.9 ) Net Increase (Decrease) in Cash and Cash Equivalents (12.8 ) (3.9 ) (3.7 ) (4.3 ) (24.7 ) Cash and Cash Equivalents, Beginning of Year 391.4 4.1 8.2 (1.7 ) 402.0 Cash and Cash Equivalents, End of Period $ 378.6 $ 0.2 $ 4.5 $ (6.0 ) $ 377.3

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
Basis of Presentation (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Loss on assets held for sale	$ 4.9	$ 27.4	$ 0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax	$ 0.3	$ 0.3

Restructuring (Details)

Restructuring (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Restructuring (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2014	Sep. 30, 2013
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	$ 12.7	$ 2.1	$ 12.7	$ 2.1	$ 0.7	$ 2.1
Charge to expense	10.7	2.3	13.8	7.7
Cash payments			(0.8)	(0.9)
Non-cash charges			(1)	(6.8)
Total expected restructuring charge	38.4		38.4
Cumulative restructuring charges incurred to date	36.3		36.3
Remaining expected restructuring charge	2.1		2.1
Selling, General and Administrative Expenses [Member]
Restructuring Cost and Reserve [Line Items]
Charge to expense		0.2		0.9
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	12.7	2.1	12.7	2.1	0.7	2.1
Charge to expense			12.8	0.9
Cash payments			(0.8)	(0.9)
Non-cash charges			0	0
Total expected restructuring charge	16		16
Cumulative restructuring charges incurred to date	16		16
Remaining expected restructuring charge	0		0
Pension curtailment [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	0	0	0	0	0	0
Charge to expense			0	0
Cash payments			0	0
Non-cash charges			0	0
Total expected restructuring charge	1.7		1.7
Cumulative restructuring charges incurred to date	1.7		1.7
Remaining expected restructuring charge	0		0
Accelerated depreciation [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	0	$ 0	0	0	$ 0	$ 0
Charge to expense			1	6.8
Cash payments			0	0
Non-cash charges			(1)	$ (6.8)
Total expected restructuring charge	20.7		20.7
Cumulative restructuring charges incurred to date	18.6		18.6
Remaining expected restructuring charge	$ 2.1		$ 2.1

Business Combinations (Details)

Business Combinations (Details) - USD ($) $ / shares in Units, $ in Millions	May. 05, 2015	Nov. 01, 2014	Oct. 02, 2014	Aug. 01, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	May. 08, 2015	May. 04, 2015	Feb. 02, 2015	Oct. 01, 2014	Sep. 30, 2014
Business Acquisition [Line Items]
Common Stock, Shares, Issued									2,450,000		7,475,000
Business Combination, Consideration Transferred, Other	$ 114.4
Net Sales					$ 1,211.8	$ 633	$ 3,338.4	$ 1,368
Operating Profit (Loss)					81.3	8	171.9	32.9
Goodwill					3,142.1		3,142.1						$ 2,886.7
MOM Brands Company [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	1,181.5
Shares Issued, Price Per Share									$ 46.60
Business Combination, Consideration Transferred, Other	$ 114.4
Business Combinations, Purchase Price Adjustment, Net Working Capital Settlement							6
Net Sales					122.6		122.6
Operating Profit (Loss)					(0.5)		(0.5)
Cash and cash equivalents										$ 11.1
Receivables										41.7
Inventories										97.9
Prepaid expenses and other current assets										6.2
Property										532.1
Goodwill										196.7
Other intangible assets										364.4
Deferred tax assets, noncurrent										0
Other assets										0
Accounts payable										(43)
Deferred Tax Liabilities, Current										(5.4)
Other current liabilities										(19.3)
Deferred income taxes, noncurrent										(6.9)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net										$ 1,175.5
American Blanching Company [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross		$ 128
Cash and cash equivalents		0.6
Receivables		12.8
Inventories		15.5
Prepaid expenses and other current assets		0.4
Property		19.7
Goodwill		49.6
Other intangible assets		71.9
Deferred tax assets, noncurrent		0
Other assets		0.4
Accounts payable		(9)
Deferred Tax Liabilities, Current		(0.4)
Other current liabilities		(2.8)
Deferred income taxes, noncurrent		(30.7)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net		$ 128
PowerBar and Musashi [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross			$ 150
Business Combination, Consideration Transferred			$ 136.1
Business Combinations, Purchase Price Adjustment, Net Working Capital Settlement							1.7
Net Sales					40.4		106.6
Operating Profit (Loss)					(3.7)		(16.2)
Cash and cash equivalents												$ 2.4
Receivables												6.5
Inventories												23.1
Prepaid expenses and other current assets												0.1
Property												17.9
Goodwill												18.8
Other intangible assets												61
Deferred tax assets, noncurrent												11.7
Other assets												0
Accounts payable												(1.2)
Deferred Tax Liabilities, Current												(0.2)
Other current liabilities												(4.6)
Deferred income taxes, noncurrent												(1.1)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net												$ 134.4
Oh's Brand [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred				$ 20.4
Michael Foods [Member]
Business Acquisition [Line Items]
Net Sales					495.4	150.5	1,511.6	150.5
Operating Profit (Loss)					43.2	(12.5)	112.1	(12.5)
Golden Boy [Member]
Business Acquisition [Line Items]
Net Sales					109.4	71.9	309.9	110.9
Operating Profit (Loss)					7.1	3.1	3.1	5
Dymatize [Member]
Business Acquisition [Line Items]
Net Sales					47.2	47.6	142.3	75.8
Operating Profit (Loss)					(4)	(3.2)	(13.6)	(5.7)
Dakota Growers [Member]
Business Acquisition [Line Items]
Net Sales					69.3	62.2	202.7	128.9
Operating Profit (Loss)					5.2	$ 2.9	18.2	$ 1.7
Customer Relationships [Member] \| MOM Brands Company [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired							$ 185.6
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life							20 years
Customer Relationships [Member] \| American Blanching Company [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired							$ 63.9
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life							17 years
Customer Relationships [Member] \| PowerBar and Musashi [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired							$ 21
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life							18 years 4 months
Trademarks [Member] \| MOM Brands Company [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired							$ 178.8
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life							20 years
Trademarks [Member] \| American Blanching Company [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired							$ 8
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life							10 years
Trademarks [Member] \| PowerBar and Musashi [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired							$ 40
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life							20 years
Scenario, Previously Reported [Member]
Business Acquisition [Line Items]
Cash and cash equivalents													73.8
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Restricted Cash													3.4
Receivables													219.6
Business Combination, Recognized Identifiable Assets Acquired, Income Tax Receivable													62.5
Inventories													289.9
business combination, recognized identifiable assets acquired and liabilities assumed, deferred tax asset, current													5.4
Prepaid expenses and other current assets													9.3
Property													440.5
Goodwill													1,605.4
Other intangible assets													1,883.7
Other assets													9.1
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt													(3.7)
Accounts payable													(142.6)
Other current liabilities													(121.5)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt													(8.4)
Deferred income taxes, noncurrent													(697.1)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other													(11.8)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net													$ 3,617.5
Scenario, Adjustment [Member]
Business Acquisition [Line Items]
Cash and cash equivalents					0		$ 0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Restricted Cash					0		0
Receivables					(0.3)		(0.3)
Business Combination, Recognized Identifiable Assets Acquired, Income Tax Receivable					0		0
Inventories					0		0
business combination, recognized identifiable assets acquired and liabilities assumed, deferred tax asset, current					0.7		0.7
Prepaid expenses and other current assets					0		0
Property					0		0
Goodwill					5.2		5.2
Other intangible assets					0		0
Other assets					0		0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt					0		0
Accounts payable					0.2		0.2
Other current liabilities					(0.3)		(0.3)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt					0		0
Deferred income taxes, noncurrent					7		7
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other					(9)		(9)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net					3.5		3.5
Scenario, Actual [Member]
Business Acquisition [Line Items]
Cash and cash equivalents					73.8		73.8
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Restricted Cash					3.4		3.4
Receivables					219.3		219.3
Business Combination, Recognized Identifiable Assets Acquired, Income Tax Receivable					62.5		62.5
Inventories					289.9		289.9
business combination, recognized identifiable assets acquired and liabilities assumed, deferred tax asset, current					6.1		6.1
Prepaid expenses and other current assets					9.3		9.3
Property					440.5		440.5
Goodwill					1,610.6		1,610.6
Other intangible assets					1,883.7		1,883.7
Other assets					9.1		9.1
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt					(3.7)		(3.7)
Accounts payable					(142.4)		(142.4)
Other current liabilities					(121.8)		(121.8)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt					(8.4)		(8.4)
Deferred income taxes, noncurrent					(690.1)		(690.1)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other					(20.8)		(20.8)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net					$ 3,621		$ 3,621

Business combinations pro forma

Business combinations pro forma financial information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Business Combinations [Abstract]
Pro forma net sales	$ 1,283.7	$ 1,245.5	$ 3,813.3	$ 3,689.1
Pro forma net income (loss) available to common shareholders	$ 45.9	$ (18.3)	$ (3.2)	$ (45.8)
Pro forma basic income (loss) per share (in US$ per share)	$ 0.78	$ (0.43)	$ (0.06)	$ (1.26)
Pro forma diluted income (loss) per share (in US$ per share)	$ 0.75	$ (0.43)	$ (0.06)	$ (1.26)

Goodwill (Details)

Goodwill (Details) - USD ($) $ in Millions	9 Months Ended
Goodwill (Details) - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014
Goodwill [Roll Forward]
Goodwill, Gross	$ 3,527.1
Goodwill, Impaired, Accumulated Impairment Loss	(640.4)
Goodwill, beginning of period	3,142.1	$ 2,886.7
Goodwill, Acquired During Period	265.1
Goodwill, Purchase Accounting Adjustments	5.2
Currency translation adjustment	(14.9)
Goodwill, Gross	3,782.5
Goodwill, Impaired, Accumulated Impairment Loss	(640.4)
Goodwill, end of period	3,142.1
Post Consumer Brands Segment [Member]
Goodwill [Roll Forward]
Goodwill, Gross	1,799.3
Goodwill, Impaired, Accumulated Impairment Loss	(609.1)
Goodwill, beginning of period	1,386.3	1,190.2
Goodwill, Acquired During Period	196.7
Goodwill, Purchase Accounting Adjustments	0
Currency translation adjustment	(0.6)
Goodwill, Gross	1,995.4
Goodwill, Impaired, Accumulated Impairment Loss	(609.1)
Goodwill, end of period	1,386.3
Michael Foods Group Segment [Member]
Goodwill [Roll Forward]
Goodwill, beginning of period	1,341.6	1,347.2
Goodwill, Acquired During Period	0
Goodwill, Purchase Accounting Adjustments	(5.6)
Currency translation adjustment	0
Goodwill, Gross	1,341.6
Goodwill, Impaired, Accumulated Impairment Loss	0
Goodwill, end of period	1,341.6
Active Nutrition segment [Member] [Member]
Goodwill [Roll Forward]
Goodwill, beginning of period	149.6	120
Goodwill, Gross	180.9
Goodwill, Impaired, Accumulated Impairment Loss	(31.3)
Goodwill, end of period	149.6
Private Brands segment [Member]
Goodwill [Roll Forward]
Goodwill, Gross	229.3
Goodwill, Impaired, Accumulated Impairment Loss	0
Goodwill, beginning of period	264.6	$ 229.3
Goodwill, Acquired During Period	49.6
Goodwill, Purchase Accounting Adjustments	0
Currency translation adjustment	(14.3)
Goodwill, Gross	264.6
Goodwill, Impaired, Accumulated Impairment Loss	0
Goodwill, end of period	$ 264.6

Income Taxes (Details)

Income Taxes (Details) - Jun. 30, 2015	Total	Total
Income Tax Disclosure [Abstract]
Effective Income Tax Rate, Percent	58.80%	21.50%

Intangible Assets, net (Details

Intangible Assets, net (Details) - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014
Finite-Lived Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Gross	$ 2,810.1	$ 2,323.1
Finite-Lived Intangible Assets, Accumulated Amortization	(240.5)	(137.8)
Finite-Lived Intangible Assets, Net	2,569.6	2,185.3
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Carrying amount, total	3,259.6	2,780.8
Other intangible assets, net	3,019.1	2,643
Trademarks [Member]
Indefinite-Lived Intangible Assets (Excluding Goodwill) [Abstract]
Carrying amount	449.5	457.7
Customer Relationships [Member]
Finite-Lived Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Gross	2,004.4	1,743.7
Finite-Lived Intangible Assets, Accumulated Amortization	(166.3)	(90.9)
Finite-Lived Intangible Assets, Net	1,838.1	1,652.8
Trademarks [Member]
Finite-Lived Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Gross	782.9	554.7
Finite-Lived Intangible Assets, Accumulated Amortization	(69.1)	(43.9)
Finite-Lived Intangible Assets, Net	713.8	510.8
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Gross	22.8	24.7
Finite-Lived Intangible Assets, Accumulated Amortization	(5.1)	(3)
Finite-Lived Intangible Assets, Net	$ 17.7	$ 21.7

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net Earnings (Loss) Available to Common Shareholders	$ 19.8	$ (39.3)	$ (55.5)	$ (66.9)
Weighted Average Number of Shares Outstanding, Basic and Diluted	54,000,000	42,600,000	49,500,000	36,300,000
Dilutive Securities, Effect on Basic Earnings Per Share	4,900,000	0	4,900,000	0
Weighted-average shares for basic earnings per share	58,900,000	42,600,000	54,400,000	36,300,000
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	1,900,000	0	0	0
Weighted-average shares for diluted earnings per share	60,800,000	42,600,000	54,400,000	36,300,000
Basic earnings per share (in usd per share)	$ 0.34	$ (0.92)	$ (1.02)	$ (1.84)
Diluted earnings per share (in usd per share)	$ 0.33	$ (0.92)	$ (1.02)	$ (1.84)
Employee Stock Option [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	700,000	0	0	0
Stock Appreciation Rights (SARs) [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	100,000	0	0	0
Restricted Stock [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	300,000	0	0	0
Tangible Equity Units [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	800,000	0	0	0
Minimum [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Tangible Equity Unit, Equity Component, Settlement Rate per Unit			1.7114
Maximum [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Tangible Equity Unit, Equity Component, Settlement Rate per Unit			2.0964

Earnings (Loss) Per Share Antid

Earnings (Loss) Per Share Antidilutive shares excluded from earnings per share (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1.3	3	4.6	3
Stock Appreciation Rights (SARs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0.1	0.5	0.3	0.5
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0.3	0.5	0.3
Tangible Equity Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0.8	0.9	0.8
Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	11	11	11	11

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014
Inventory [Abstract]
Raw materials and supplies	$ 144.5	$ 99.2
Work in process	16.3	16.3
Finished products	316.2	235.8
Flocks	14.3	29.4
Inventories	$ 491.3	$ 380.7

Property, net (Details)

Property, net (Details) - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014
Property, Plant and Equipment [Abstract]
Property, at cost	$ 1,718.6	$ 1,121
Accumulated depreciation	(374)	(289.1)
Property, net	$ 1,344.6	$ 831.9

Derivative Financial Instrume48

Derivative Financial Instruments and Hedging (Details) - USD ($) $ in Millions	9 Months Ended
	Jun. 30, 2015	Sep. 30, 2014
Derivatives, Fair Value
Derivative, Remaining Maturity	12 months
Derivative Liability	$ (87.4)	$ (52)
Collateral Already Posted, Aggregate Fair Value	8.5	12.6
Other Current Assets [Member]
Derivatives, Fair Value
Derivative Asset, Fair Value, Gross Liability	0
Derivative Asset, Fair Value, Gross Asset	6.4
Derivative Assets (Liabilities), at Fair Value, Net	6.4
Total Liabilities [Member]
Derivatives, Fair Value
Derivative Liability	(87.4)	(52)
Derivative Asset, Fair Value, Gross Asset	0	0
Derivative Assets (Liabilities), at Fair Value, Net	(87.4)	(52)
Commodity Contract [Member]
Derivatives, Fair Value
Derivative, Notional Amount	61
Commodity Contract [Member] \| Other Current Assets [Member]
Derivatives, Fair Value
Derivative Asset, Fair Value, Gross Liability	0
Derivative Asset, Fair Value, Gross Asset	5.3
Derivative Assets (Liabilities), at Fair Value, Net	5.3
Commodity Contract [Member] \| Other Assets [Member]
Derivatives, Fair Value
Derivative Liability	(1.8)	(8)
Derivative Asset, Fair Value, Gross Asset	0	0
Derivative Assets (Liabilities), at Fair Value, Net	(1.8)	(8)
Future [Member]
Derivatives, Fair Value
Derivative, Notional Amount	28.3
Future [Member] \| Other Current Assets [Member]
Derivatives, Fair Value
Derivative Asset, Fair Value, Gross Liability	0
Derivative Asset, Fair Value, Gross Asset	1.1
Derivative Assets (Liabilities), at Fair Value, Net	1.1
Future [Member] \| Other Assets [Member]
Derivatives, Fair Value
Derivative Liability	(3.7)	(0.9)
Derivative Asset, Fair Value, Gross Asset	0	0
Derivative Assets (Liabilities), at Fair Value, Net	(3.7)	(0.9)
Interest Rate Swap [Member]
Derivatives, Fair Value
Derivative, Notional Amount	$ 869.5
Derivative, Fixed Interest Rate	3.10%
Interest Rate Swap [Member] \| Other Assets [Member]
Derivatives, Fair Value
Derivative Liability	$ (1.7)	(2.7)
Derivative Asset, Fair Value, Gross Asset	0	0
Derivative Assets (Liabilities), at Fair Value, Net	(1.7)	(2.7)
Interest Rate Swap [Member] \| Other Noncurrent Liabilities [Member]
Derivatives, Fair Value
Derivative Liability	(80.2)	(40.4)
Derivative Asset, Fair Value, Gross Asset	0	0
Derivative Assets (Liabilities), at Fair Value, Net	(80.2)	$ (40.4)
Interest rate swap, rate lock swaps [Member]
Derivatives, Fair Value
Derivative, Notional Amount	$ 750
Derivative, Fixed Interest Rate	4.00%

Derivative Financial Instrume49

Derivative Financial Instruments and Hedging Gain(Loss) recognized in earnings from derivative instruments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Commodity Contract [Member] \| Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ (4.8)	$ 1.9	$ (13.2)	$ 0.9
Natural Gas Futures [Member] \| Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	4.5	(0.7)	8.1	(1.2)
Foreign Exchange Contract [Member] \| Selling, General and Administrative Expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	0	0	0	6.3
Interest Rate Swap [Member] \| Operating Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ (41.9)	$ 6.8	$ 41.5	$ 6.8

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Derivative Contract [Domain] - Balance Sheet Location [Domain] - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Deferred Compensation Plan Assets	$ 11.2	$ 10.2
Derivative instruments	6.4	0
Assets, Fair Value Disclosure	17.6	10.2
Deferred compensation liabilities	16.3	12.3
Derivative Liability	87.4	52
Other Liabilities, Fair Value Disclosure	103.7	64.3
Long-term Debt, Fair Value	4,475.4	3,680.3
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Deferred Compensation Plan Assets	11.2	10.2
Derivative instruments	0	0
Assets, Fair Value Disclosure	11.2	10.2
Deferred compensation liabilities	0	0
Derivative Liability	0	0
Other Liabilities, Fair Value Disclosure	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Deferred Compensation Plan Assets	0	0
Derivative instruments	6.4	0
Assets, Fair Value Disclosure	6.4	0
Deferred compensation liabilities	16.3	12.3
Derivative Liability	87.4	52
Other Liabilities, Fair Value Disclosure	103.7	64.3
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Carrying value of assets held for sale	31.7	16.4
Liabilities held-for-sale, fair value disclosure	5.5	0
Senior Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Long-term Debt, Fair Value	2,870	2,768.2
Term Loan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Long-term Debt, Fair Value	1,568.7	872.9
TEUs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Long-term Debt, Fair Value	29.7	29.5
Secured Debt, Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Long-term Debt, Fair Value	3.9	4.8
Secured Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Long-term Debt, Fair Value	0	1.1
Capital Lease Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Long-term Debt, Fair Value	$ 3.1	$ 3.8

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($) $ / shares in Units, $ in Millions	May. 05, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	May. 08, 2015	May. 04, 2015	Feb. 02, 2015
Stockholders' Equity Note [Abstract]
Common Stock, Shares, Issued						2,450,000		7,475,000
Common stock, par value							$ 0.01	$ 0.01
Share price						$ 46.60		$ 47.50
Business Combination, Consideration Transferred, Other	$ 114.4
Proceeds from issuance of common stock				$ 341.4	$ 593.4
Payments of share issuance costs				13.7
Reclassifications of of accumulated other comprehensive income, pension and postretirement benefits		$ 0.3	$ (0.2)	$ 0.8	$ (0.7)

Long-Term Debt (Details)

Long-Term Debt (Details) - USD ($)	9 Months Ended
Long-Term Debt (Details) - USD ($)	Jun. 30, 2015	Sep. 30, 2014
Debt Instrument
Secured Debt, Other	$ 3,900,000	$ 4,800,000
Secured Debt	0	1,100,000
Capital Lease Obligations	3,100,000	3,800,000
Long-term Debt	4,489,900,000	3,810,900,000
Prior Term Loan	885,000,000
New Term Loan	700,000,000
Current portion of long-term debt	(32,100,000)	(25,600,000)
Plus: Unamortized premium (discount), net	38,100,000	45,200,000
Total long-term debt	4,495,900,000	3,830,500,000
Line of Credit Facility, Maximum Borrowing Capacity	400,000,000
Letters of Credit Outstanding, Amount	4,200,000
Line of Credit Facility, Remaining Borrowing Capacity	395,800,000
Debt Issuance Cost	18,500,000
Debt Covenant, Leverage Ratio	3
Debt covenant, interest coverage ratio	1.75
Debt covenant, consolidated interest coverage ratio	2
Debt Covenant, Maximum Undischarged Judgments	75,000,000
7.375% Senior Notes [Member]
Debt Instrument
Senior Notes	1,375,000,000	1,375,000,000
6.75% Senior Notes [Member]
Debt Instrument
Senior Notes	875,000,000	875,000,000
6.00% Senior Notes [Member]
Debt Instrument
Senior Notes	630,000,000	630,000,000
Term Loan [Member]
Debt Instrument
Loans Payable to Bank	1,574,400,000	882,800,000
Tangible Equity Units Debt Component [Member]
Debt Instrument
Tangible Equity Units, Debt Component	$ 28,500,000	$ 38,400,000

Pension and Other Postretirem53

Pension and Other Postretirement Benefits - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Benefits
Components of net periodic benefit cost [Abstract]
Service cost	$ 0.8	$ 0.9	$ 2.7	$ 2.7
Interest cost	0.6	0.6	1.7	1.7
Expected return on plan assets	(0.6)	(0.5)	(1.8)	(1.6)
Recognized net actuarial loss	0.3	0.1	0.7	0.5
Recognized prior service cost	0	0.1	0.2	0.3
Net periodic benefit cost	1.1	1.2	3.5	3.6
Other Benefits
Components of net periodic benefit cost [Abstract]
Service cost	0.5	0.5	1.5	1.5
Interest cost	1.2	1.1	3.6	3.4
Recognized net actuarial loss	0.3	0.1	1	0.3
Recognized prior service cost	(0.4)	(0.6)	(1.2)	(1.8)
Net periodic benefit cost	$ 1.6	$ 1.1	$ 4.9	$ 3.4

Segments (Details)

Segments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Segments (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2014
Segment Reporting Information [Line Items]
Net Sales	$ 1,211.8	$ 633	$ 3,338.4	$ 1,368
Interest expense (income), net	65	57	184.9	123.3
Other (income) expense	(41.9)	6.8	41.5	6.8
Income (loss) before income taxes	58.2	(55.8)	(54.5)	(97.2)
Depreciation and amortization	70.4	42.7	196.7	93.9
Assets	8,859.7		8,859.7		$ 7,731.1
Post Consumer Brands Segment [Member]
Segment Reporting Information [Line Items]
Net Sales	356.9	238.2	818.3	714.6
Segment Profit	51.6	44.8	140	126.4
Depreciation and amortization	19.4	13	43.6	38.9
Assets	3,517.7		3,517.7		2,325.1
Michael Foods Group Segment [Member]
Segment Reporting Information [Line Items]
Net Sales	564.7	212.7	1,714.3	279.4
Segment Profit	48.4	(9.6)	130.3	(10.8)
Depreciation and amortization	35.7	15.3	108.8	20.5
Assets	3,541.7		3,541.7		3,726.5
Active Nutrition segment [Member] [Member]
Segment Reporting Information [Line Items]
Net Sales	153.8	86.7	418.8	194.5
Segment Profit	7.9	(2.5)	(2.9)	1.9
Depreciation and amortization	6.8	5.5	20.6	11.4
Assets	761		761		607.1
Private Brands segment [Member]
Segment Reporting Information [Line Items]
Net Sales	136.7	95.6	389.4	180
Segment Profit	10.5	5	27.8	11.5
Depreciation and amortization	6.3	5.2	18.8	10.8
Assets	679.3		679.3		558.6
Total Segment [Member]
Segment Reporting Information [Line Items]
Segment Profit	118.4	37.7	295.2	129
Depreciation and amortization	68.2	39	191.8	81.6
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Net Sales	(0.3)	(0.2)	(2.4)	(0.5)
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Other Expenses	37.1	29.7	123.3	96.1
Depreciation and amortization	2.2	$ 3.7	4.9	$ 12.3
Assets	$ 360		$ 360		$ 513.8

Condensed Consolidating Finan55

Condensed Consolidating Financial Statements of Guarantors - Combined Statements of Operations (Condensed) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Financial Statements, Captions [Line Items]
Net Sales	$ 1,211.8	$ 633	$ 3,338.4	$ 1,368
Cost of goods sold	895.3	484.4	2,497.3	975.5
Gross Profit	316.5	148.6	841.1	392.5
Selling, general and administrative expenses	193.3	119.9	536.9	320.3
Amortization of intangible assets	36.7	20.4	103.9	38.8
Other operating expenses, net	5.2	0.3	28.4	0.5
Operating Profit	81.3	8	171.9	32.9
Interest expense (income), net	65	57	184.9	123.3
Other (income) expense	(41.9)	6.8	41.5	6.8
(Loss) Earnings before Income Taxes	58.2	(55.8)	(54.5)	(97.2)
Income tax expense (benefit)	34.2	(20.7)	(11.7)	(41.4)
Net Earnings (Loss) before Equity in Subsidiaries		(35.1)	(42.8)	(55.8)
Equity (loss) earnings in subsidiaries	0	0	0	0
Net Earnings (Loss)	24	(35.1)	(42.8)	(55.8)
Total Comprehensive Income (Loss)	31.4	(22.8)	(75.7)	(45.3)
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net Sales	0	0	0	0
Cost of goods sold	0	0	0	0
Gross Profit	0	0	0	0
Selling, general and administrative expenses	3.9	0.1	12.7	20.1
Amortization of intangible assets	0	0	0	0
Other operating expenses, net	1	0	1	0
Operating Profit	(4.9)	(0.1)	(13.7)	(20.1)
Interest expense (income), net	61.9	53.8	175.9	118.2
Other (income) expense	(41.9)	(6.8)	41.5	(6.8)
(Loss) Earnings before Income Taxes	(24.9)	(60.7)	(231.1)	(145.1)
Income tax expense (benefit)	34.3	(18.8)	(49.7)	(60.8)
Net Earnings (Loss) before Equity in Subsidiaries	(59.2)	(41.9)	(181.4)	(84.3)
Equity (loss) earnings in subsidiaries	83.2	6.8	138.6	28.5
Net Earnings (Loss)	24	(35.1)	(42.8)	(55.8)
Total Comprehensive Income (Loss)	31.4	(22.8)	(75.7)	(45.3)
Guarantors
Condensed Financial Statements, Captions [Line Items]
Net Sales	1,077.8	547.9	2,996.3	1,222.8
Cost of goods sold	782.6	411.1	2,211.3	853
Gross Profit	295.2	136.8	785	369.8
Selling, general and administrative expenses	176.9	112.6	484.4	284.4
Amortization of intangible assets	34.2	17.6	96.3	34.2
Other operating expenses, net	4.2	0.3	27.2	0.5
Operating Profit	79.9	6.3	177.1	50.7
Interest Income (Expense), Nonoperating, Net	(0.2)	(0.1)	(0.7)	(0.1)
Other (income) expense	0	0	0	0
(Loss) Earnings before Income Taxes	80.1	6.4	177.8	50.8
Income tax expense (benefit)	(2.3)	(1.8)	36.3	19.8
Net Earnings (Loss) before Equity in Subsidiaries	82.4	8.2	141.5	31
Equity (loss) earnings in subsidiaries	(1.1)	(0.8)	(2.2)	(0.8)
Net Earnings (Loss)	81.3	7.4	139.3	30.2
Total Comprehensive Income (Loss)	81.5	7.3	140	29.8
Non-Guarantors
Condensed Financial Statements, Captions [Line Items]
Net Sales	149.3	92.1	378.7	162.9
Cost of goods sold	128	80.3	322.6	140.2
Gross Profit	21.3	11.8	56.1	22.7
Selling, general and administrative expenses	12.5	7.2	39.8	15.8
Amortization of intangible assets	2.5	2.8	7.6	4.6
Other operating expenses, net	0	0	0.2	0
Operating Profit	6.3	1.8	8.5	2.3
Interest expense (income), net	3.3	3.3	9.7	5.2
Other (income) expense	0	0	0	0
(Loss) Earnings before Income Taxes	3	(1.5)	(1.2)	(2.9)
Income tax expense (benefit)	2.2	(0.1)	1.7	(0.4)
Net Earnings (Loss) before Equity in Subsidiaries	0.8	(1.4)	(2.9)	(2.5)
Equity (loss) earnings in subsidiaries	0	0	0	0
Net Earnings (Loss)	0.8	(1.4)	(2.9)	(2.5)
Total Comprehensive Income (Loss)	4.4	2.8	(19.5)	0.2
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net Sales	(15.3)	(7)	(36.6)	(17.7)
Cost of goods sold	(15.3)	(7)	(36.6)	(17.7)
Gross Profit	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Amortization of intangible assets	0	0	0	0
Other operating expenses, net	0	0	0	0
Operating Profit	0	0	0	0
Interest expense (income), net	0	0	0	0
Other (income) expense	0	0	0	0
(Loss) Earnings before Income Taxes	0	0	0	0
Income tax expense (benefit)	0	0	0	0
Net Earnings (Loss) before Equity in Subsidiaries	0	0	0	0
Equity (loss) earnings in subsidiaries	(82.1)	(6)	(136.4)	(27.7)
Net Earnings (Loss)	(82.1)	(6)	(136.4)	(27.7)
Total Comprehensive Income (Loss)	$ (85.9)	$ (10.1)	$ (120.5)	$ (30)

Condensed Consolidating Finan56

Condensed Consolidating Financial Statements of Guarantors - Consolidated Balance Sheets (Condensed) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2013
Assets, Current [Abstract]
Cash and cash equivalents	$ 274.3	$ 268.4	$ 377.3	$ 402
Restricted cash	10.7	84.8
Receivables, net	399.2	413.7
Inventories	491.3	380.7
Deferred income taxes	22.8	27
Intercompany notes receivable	0	0
Prepaid expenses and other current assets	71	44.4
Total Current Assets	1,269.3	1,219
Assets, Noncurrent [Abstract]
Property, net	1,344.6	831.9
Goodwill	3,142.1	2,886.7
Other intangible assets, net	3,019.1	2,643
Intercompany receivable	0	0
Intercompany notes receivable	0	0
Investment in subsidiaries	0	0
Other assets	84.6	150.5
Total Assets	8,859.7	7,731.1
Liabilities, Current [Abstract]
Current portion of long-term debt	32.1	25.6
Accounts payable	258.2	225
Intercompany notes payable	0	0
Other current liabilities	295.3	269.3
Total Current Liabilities	585.6	519.9
Liabilities, Noncurrent [Abstract]
Long-term debt	4,495.9	3,830.5
Intercompany payable	0	0
Intercompany notes payable	0	0
Deferred income taxes	871.5	915.1
Other liabilities	237.7	182.4
Total Liabilities	6,190.7	5,447.9
Total Shareholders’ Equity	2,669	2,283.2
Total Liabilities and Shareholders’ Equity	8,859.7	7,731.1
Parent Company
Assets, Current [Abstract]
Cash and cash equivalents	214.3	246.6	378.6	391.4
Restricted cash	1.1	1.1
Receivables, net	15.3	78
Inventories	0	0
Deferred income taxes	22.8	27
Intercompany notes receivable	21.7	6.3
Prepaid expenses and other current assets	16.2	11.4
Total Current Assets	291.4	370.4
Assets, Noncurrent [Abstract]
Property, net	0	0
Goodwill	0	0
Other intangible assets, net	0	0
Intercompany receivable	1,066	1,015.4
Intercompany notes receivable	158.6	178.9
Investment in subsidiaries	6,625.1	5,543.1
Other assets	70.1	61.7
Total Assets	8,211.2	7,169.5
Liabilities, Current [Abstract]
Current portion of long-term debt	29.7	22.2
Accounts payable	0	0
Intercompany notes payable	0	0
Other current liabilities	69.3	100.4
Total Current Liabilities	99	122.6
Liabilities, Noncurrent [Abstract]
Long-term debt	4,491.2	3,824.2
Intercompany payable	0	0
Intercompany notes payable	0	0
Deferred income taxes	844.7	883.8
Other liabilities	107.3	55.7
Total Liabilities	5,542.2	4,886.3
Total Shareholders’ Equity	2,669	2,283.2
Total Liabilities and Shareholders’ Equity	8,211.2	7,169.5
Guarantors
Assets, Current [Abstract]
Cash and cash equivalents	52.8	15.7	0.2	4.1
Restricted cash	8.5	79.8
Receivables, net	340.9	305.2
Inventories	418.4	336.5
Deferred income taxes	0	0
Intercompany notes receivable	0	0
Prepaid expenses and other current assets	45.4	30.4
Total Current Assets	866	767.6
Assets, Noncurrent [Abstract]
Property, net	1,293	775.9
Goodwill	3,003.1	2,732.8
Other intangible assets, net	2,912.6	2,518.5
Intercompany receivable	0	0
Intercompany notes receivable	0	0
Investment in subsidiaries	23.1	8.1
Other assets	13	86.1
Total Assets	8,110.8	6,889
Liabilities, Current [Abstract]
Current portion of long-term debt	2	3
Accounts payable	244.3	212.2
Intercompany notes payable	0	0
Other current liabilities	195.9	153.8
Total Current Liabilities	442.2	369
Liabilities, Noncurrent [Abstract]
Long-term debt	1.9	2.9
Intercompany payable	1,065.5	1,013.8
Intercompany notes payable	0	0
Deferred income taxes	0	0
Other liabilities	120.1	115.9
Total Liabilities	1,629.7	1,501.6
Total Shareholders’ Equity	6,481.1	5,387.4
Total Liabilities and Shareholders’ Equity	8,110.8	6,889
Non-Guarantors
Assets, Current [Abstract]
Cash and cash equivalents	20.2	10	4.5	8.2
Restricted cash	1.1	3.9
Receivables, net	56.3	45.9
Inventories	72.9	44.2
Deferred income taxes	0	0
Intercompany notes receivable	0	0
Prepaid expenses and other current assets	9.4	2.6
Total Current Assets	159.9	106.6
Assets, Noncurrent [Abstract]
Property, net	51.6	56
Goodwill	139	153.9
Other intangible assets, net	106.5	124.5
Intercompany receivable	0	0
Intercompany notes receivable	0	0
Investment in subsidiaries	0	0
Other assets	1.5	2.7
Total Assets	458.5	443.7
Liabilities, Current [Abstract]
Current portion of long-term debt	0.4	0.4
Accounts payable	40.2	32.1
Intercompany notes payable	21.7	6.3
Other current liabilities	30.1	15.1
Total Current Liabilities	92.4	53.9
Liabilities, Noncurrent [Abstract]
Long-term debt	2.8	3.4
Intercompany payable	0.5	1.6
Intercompany notes payable	158.6	178.9
Deferred income taxes	26.8	31.3
Other liabilities	10.3	10.8
Total Liabilities	291.4	279.9
Total Shareholders’ Equity	167.1	163.8
Total Liabilities and Shareholders’ Equity	458.5	443.7
Eliminations
Assets, Current [Abstract]
Cash and cash equivalents	(13)	(3.9)	$ (6)	$ (1.7)
Restricted cash	0	0
Receivables, net	(13.3)	(15.4)
Inventories	0	0
Deferred income taxes	0	0
Intercompany notes receivable	(21.7)	(6.3)
Prepaid expenses and other current assets	0	0
Total Current Assets	(48)	(25.6)
Assets, Noncurrent [Abstract]
Property, net	0	0
Goodwill	0	0
Other intangible assets, net	0	0
Intercompany receivable	(1,066)	(1,015.4)
Intercompany notes receivable	(158.6)	(178.9)
Investment in subsidiaries	(6,648.2)	(5,551.2)
Other assets	0	0
Total Assets	(7,920.8)	(6,771.1)
Liabilities, Current [Abstract]
Current portion of long-term debt	0	0
Accounts payable	(26.3)	(19.3)
Intercompany notes payable	(21.7)	(6.3)
Other current liabilities	0	0
Total Current Liabilities	(48)	(25.6)
Liabilities, Noncurrent [Abstract]
Long-term debt	0	0
Intercompany payable	(1,066)	(1,015.4)
Intercompany notes payable	(158.6)	(178.9)
Deferred income taxes	0	0
Other liabilities	0	0
Total Liabilities	(1,272.6)	(1,219.9)
Total Shareholders’ Equity	(6,648.2)	(5,551.2)
Total Liabilities and Shareholders’ Equity	$ (7,920.8)	$ (6,771.1)

Condensed Consolidating Finan57

Condensed Consolidating Financial Statements of Guarantors Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014
7.375% Senior Notes [Member]
Guarantor Obligations [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	7.375%
Senior Notes	$ 1,375	$ 1,375
6.75% Senior Notes [Member]
Guarantor Obligations [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6.75%
Senior Notes	$ 875	875
6.00% Senior Notes [Member]
Guarantor Obligations [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6.00%
Senior Notes	$ 630	$ 630
Subsequent Issuance [Member] \| 7.375% Senior Notes [Member]
Guarantor Obligations [Line Items]
Debt Instrument, Face Amount	775
Subsequent Issuance [Member] \| 6.75% Senior Notes [Member]
Guarantor Obligations [Line Items]
Debt Instrument, Face Amount	$ 525

Condensed Consolidating Finan58

Condensed Consolidating Financial Statements of Guarantors - Consolidated Statements of Cash Flows (Details) - USD ($) $ in Millions	9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows from Operating Activities:
Net Cash Provided by (Used in) Operating Activities	$ 261.7	$ 74.5
Cash Flows from Investing Activities:
Business acquisitions, net of cash acquired	(1,240.4)	(3,543.7)
Additions to property	(74.3)	(78.7)
Restricted cash	74	34.8
Insurance proceeds on property losses	1.8	0
Other, net	0.2	0
Proceeds from equity contributions	0	0
Capitalization of subsidiaries	0	0
Net payments for intercompany revolver	0
Net Cash Used by Investing Activities	(1,238.7)	(3,587.6)
Cash Flows from Financing Activities:
Proceeds from issuance of senior notes	696.5	2,385.6
Proceeds from issuance of preferred stock, net of issuance costs	0	310.2
Proceeds from issuance of common stock	341.4	593.4
Repayments of Long-term Debt	(20.7)	0
Proceeds from Issuance of Tangible Equity Units, Gross	0	41.8
Proceeds From Issuance of Tangible Equity Units Net	0	238.1
Payment of preferred stock dividend	(12.8)	(10.2)
Other, net	(18.5)	(63.8)
Other, net	(1.7)	0.2
Proceeds from Contributions from Affiliates	0	0
Payments of Distributions to Affiliates	0	0
Net receipts from intercompany revolver	0
Net Cash Provided by Financing Activities	984.2	3,495.3
Effect of exchange rate changes on cash	(1.3)	(6.9)
Net Increase (Decrease) in Cash and Cash Equivalents	5.9	(24.7)
Cash and Cash Equivalents, Beginning of Year	268.4	402
Cash and Cash Equivalents, End of Period	274.3	377.3
Parent Company
Cash Flows from Operating Activities:
Net Cash Provided by (Used in) Operating Activities	(35.9)	(12.3)
Cash Flows from Investing Activities:
Business acquisitions, net of cash acquired	(1,067.1)	(3,329.1)
Additions to property	0	0
Restricted cash	0	37
Insurance proceeds on property losses	0
Other, net	0
Proceeds from equity contributions	240	121.9
Capitalization of subsidiaries	(138.5)	(319)
Net payments for intercompany revolver	(17.4)
Net Cash Used by Investing Activities	(983)	(3,489.2)
Cash Flows from Financing Activities:
Proceeds from issuance of senior notes	696.5	2,385.6
Proceeds from issuance of preferred stock, net of issuance costs		310.2
Proceeds from issuance of common stock	341.4	593.4
Repayments of Long-term Debt	(18.3)
Proceeds from Issuance of Tangible Equity Units, Gross		41.8
Proceeds From Issuance of Tangible Equity Units Net		238.1
Payment of preferred stock dividend	(12.8)	(10.2)
Other, net	(18.5)	(63.8)
Other, net	(1.7)	0.3
Proceeds from Contributions from Affiliates	0	0
Payments of Distributions to Affiliates	0	0
Net receipts from intercompany revolver	0
Net Cash Provided by Financing Activities	986.6	3,495.4
Effect of exchange rate changes on cash	0	(6.7)
Net Increase (Decrease) in Cash and Cash Equivalents	(32.3)	(12.8)
Cash and Cash Equivalents, Beginning of Year	246.6	391.4
Cash and Cash Equivalents, End of Period	214.3	378.6
Guarantors
Cash Flows from Operating Activities:
Net Cash Provided by (Used in) Operating Activities	453.4	128.1
Cash Flows from Investing Activities:
Business acquisitions, net of cash acquired	(172.1)	72.6
Additions to property	(71.6)	(76.3)
Restricted cash	71.3	(1.5)
Insurance proceeds on property losses	1.8
Other, net	0.2
Proceeds from equity contributions	0	0
Capitalization of subsidiaries	0	0
Net payments for intercompany revolver	0
Net Cash Used by Investing Activities	(170.4)	(5.2)
Cash Flows from Financing Activities:
Proceeds from issuance of senior notes	0	0
Proceeds from issuance of preferred stock, net of issuance costs		0
Proceeds from issuance of common stock	0	0
Repayments of Long-term Debt	(2)
Proceeds from Issuance of Tangible Equity Units, Gross		0
Proceeds From Issuance of Tangible Equity Units Net		0
Payment of preferred stock dividend	0	0
Other, net	0	0
Other, net	0	(0.1)
Proceeds from Contributions from Affiliates	128	26.2
Payments of Distributions to Affiliates	(371.9)	(152.9)
Net receipts from intercompany revolver	0
Net Cash Provided by Financing Activities	(245.9)	(126.8)
Effect of exchange rate changes on cash	0	0
Net Increase (Decrease) in Cash and Cash Equivalents	37.1	(3.9)
Cash and Cash Equivalents, Beginning of Year	15.7	4.1
Cash and Cash Equivalents, End of Period	52.8	0.2
Non-Guarantors
Cash Flows from Operating Activities:
Net Cash Provided by (Used in) Operating Activities	(5.2)	(6)
Cash Flows from Investing Activities:
Business acquisitions, net of cash acquired	(1.2)	(287.2)
Additions to property	(2.7)	(2.4)
Restricted cash	2.7	(0.7)
Insurance proceeds on property losses	0
Other, net	0
Proceeds from equity contributions	0	0
Capitalization of subsidiaries	0	0
Net payments for intercompany revolver	0
Net Cash Used by Investing Activities	(1.2)	(290.3)
Cash Flows from Financing Activities:
Proceeds from issuance of senior notes	0	0
Proceeds from issuance of preferred stock, net of issuance costs		0
Proceeds from issuance of common stock	0	0
Repayments of Long-term Debt	(0.4)
Proceeds from Issuance of Tangible Equity Units, Gross		0
Proceeds From Issuance of Tangible Equity Units Net		0
Payment of preferred stock dividend	0	0
Other, net	0	0
Other, net	0	0
Proceeds from Contributions from Affiliates	0.9	292.8
Payments of Distributions to Affiliates	0	0
Net receipts from intercompany revolver	17.4
Net Cash Provided by Financing Activities	17.9	292.8
Effect of exchange rate changes on cash	(1.3)	(0.2)
Net Increase (Decrease) in Cash and Cash Equivalents	10.2	(3.7)
Cash and Cash Equivalents, Beginning of Year	10	8.2
Cash and Cash Equivalents, End of Period	20.2	4.5
Eliminations
Cash Flows from Operating Activities:
Net Cash Provided by (Used in) Operating Activities	(150.6)	(35.3)
Cash Flows from Investing Activities:
Business acquisitions, net of cash acquired	0	0
Additions to property	0	0
Restricted cash	0	0
Insurance proceeds on property losses	0
Other, net	0
Proceeds from equity contributions	(240)	(121.9)
Capitalization of subsidiaries	138.5	319
Net payments for intercompany revolver	17.4
Net Cash Used by Investing Activities	(84.1)	197.1
Cash Flows from Financing Activities:
Proceeds from issuance of senior notes	0	0
Proceeds from issuance of preferred stock, net of issuance costs		0
Proceeds from issuance of common stock	0	0
Repayments of Long-term Debt	0
Proceeds from Issuance of Tangible Equity Units, Gross		0
Proceeds From Issuance of Tangible Equity Units Net		0
Payment of preferred stock dividend	0	0
Other, net	0	0
Other, net	0	0
Proceeds from Contributions from Affiliates	(128.9)	(319)
Payments of Distributions to Affiliates	371.9	152.9
Net receipts from intercompany revolver	(17.4)
Net Cash Provided by Financing Activities	225.6	(166.1)
Effect of exchange rate changes on cash	0	0
Net Increase (Decrease) in Cash and Cash Equivalents	(9.1)	(4.3)
Cash and Cash Equivalents, Beginning of Year	(3.9)	(1.7)
Cash and Cash Equivalents, End of Period	$ (13)	$ (6)

Uncategorized Items - post-2015

Label	Element	Value
Michael Foods Group Segment [Member]
Goodwill, Gross	us-gaap_GoodwillGross	$ 1,347.2
Goodwill, Impaired, Accumulated Impairment Loss	us-gaap_GoodwillImpairedAccumulatedImpairmentLoss	$ 0