Oshkosh (OSK) 10-Q 26 Apr 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Mar. 31, 2017	Apr. 19, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	OSHKOSH CORP
Entity Central Index Key	775,158
Current Fiscal Year End Date	--09-30
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		74,794,526

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Net sales	$ 1,618.3	$ 1,524.3	$ 2,829.7	$ 2,776.3
Cost of sales	1,357	1,265	2,368.7	2,334.2
Gross income	261.3	259.3	461	442.1
Operating expenses:
Selling, general and administrative	169.8	154.7	320.8	294
Amortization of purchased intangibles	11.1	13.2	23.6	26.4
Total operating expenses	180.9	167.9	344.4	320.4
Operating income	80.4	91.4	116.6	121.7
Other income (expense):
Interest expense	(15.1)	(15.6)	(29.8)	(30.2)
Interest income	1	0.5	1.8	1
Miscellaneous, net	1.2	(1)	2.5	(1)
Income before income taxes and equity in earnings of unconsolidated affiliates	67.5	75.3	91.1	91.5
Provision for income taxes	23.6	20.3	28.8	22
Income before equity in earnings of unconsolidated affiliates	43.9	55	62.3	69.5
Equity in earnings of unconsolidated affiliates	0.4	1.1	1.2	1.2
Net income	$ 44.3	$ 56.1	$ 63.5	$ 70.7
Earnings per share attributable to common shareholders:
Basic earnings per share (in dollars per share)	$ 0.59	$ 0.77	$ 0.85	$ 0.96
Diluted earnings per share (in dollars per share)	0.58	0.76	0.84	0.95
Cash dividends declared per share on common stock (in dollars per share)	$ 0.21	$ 0.19	$ 0.42	$ 0.38

CONDENSED CONSOLIDATED STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 44.3	$ 56.1	$ 63.5	$ 70.7
Other comprehensive income (loss), net of tax:
Employee pension and postretirement benefits	0.8	0.4	1.6	0.9
Currency translation adjustments	10.7	18.9	(19.7)	7.7
Change in fair value of derivative instruments	0	(0.2)	0	0
Total other comprehensive income (loss), net of tax	11.5	19.1	(18.1)	8.6
Comprehensive income	$ 55.8	$ 75.2	$ 45.4	$ 79.3

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2017	Sep. 30, 2016
Current assets:
Cash and cash equivalents	$ 413.4	$ 321.9
Receivables, net	945.1	1,021.9
Inventories, net	1,455.1	979.8
Other current assets	90.1	93.9
Total current assets	2,903.7	2,417.5
Property, plant and equipment, net	445.7	452.1
Goodwill	994.4	1,003.5
Purchased intangible assets, net	529.7	553.5
Other long-term assets	115.3	87.2
Total assets	4,988.8	4,513.8
Current liabilities:
Revolving credit facilities and current maturities of long-term debt	10	20
Accounts payable	694.6	466.1
Customer advances	672	471.8
Payroll-related obligations	143.3	147.9
Other current liabilities	273.4	261.8
Total current liabilities	1,793.3	1,367.6
Long-term debt, less current maturities	817.1	826.2
Other long-term liabilities	345.1	343.5
Commitments and contingencies
Shareholders' equity:
Preferred Stock ($.01 par value; 2,000,000 shares authorized; none issued and outstanding)	0	0
Common Stock ($.01 par value; 300,000,000 shares authorized; 92,101,465 shares issued)	0.9	0.9
Additional paid-in capital	794.2	782.3
Retained earnings	2,209.2	2,177
Accumulated other comprehensive loss	(193.1)	(175)
Common Stock in treasury, at cost (17,306,939 and 18,175,669 shares, respectively)	(777.9)	(808.7)
Total shareholders’ equity	2,033.3	1,976.5
Total liabilities and shareholders' equity	$ 4,988.8	$ 4,513.8

CONDENSED CONSOLIDATED BALANCE5

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2017	Sep. 30, 2016
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred Stock, shares authorized	2,000,000	2,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Common Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, shares authorized	300,000,000	300,000,000
Common Stock, shares issued	92,101,465	92,101,465
Common Stock in treasury, shares	17,306,939	18,175,669

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Millions	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Common Stock in Treasury, at Cost
Balance at Sep. 30, 2015	$ 1,911.1	$ 0.9	$ 771.5	$ 2,016.5	$ (144.4)	$ (733.4)
Changes in Equity
Net income	70.7			70.7
Employee pension and postretirement benefits, net of tax	0.9				0.9
Currency translation adjustments	7.7				7.7
Cash dividends	(28)			(28)
Repurchases of Common Stock	(100.1)					(100.1)
Exercise of stock options	1.9		(0.3)			2.2
Stock-based compensation expense	11.4		11.4
Payment of earned performance shares	0		(2.6)			2.6
Shares tendered for taxes on stock-based compensation	(1.5)					(1.5)
Other	0.3		(0.5)			0.8
Balance at Mar. 31, 2016	1,874.4	0.9	779.5	2,059.2	(135.8)	(829.4)
Balance at Sep. 30, 2016	1,976.5	0.9	782.3	2,177	(175)	(808.7)
Changes in Equity
Net income	63.5			63.5
Employee pension and postretirement benefits, net of tax	1.6				1.6
Currency translation adjustments	(19.7)				(19.7)
Cash dividends	(31.3)			(31.3)
Exercise of stock options	33.2		4.3			28.9
Stock-based compensation expense	12.2		12.2
Payment of earned performance shares	0		(1.3)			1.3
Shares tendered for taxes on stock-based compensation	(3)					(3)
Other	0.3		(3.3)			3.6
Balance at Mar. 31, 2017	$ 2,033.3	$ 0.9	$ 794.2	$ 2,209.2	$ (193.1)	$ (777.9)

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Millions	6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Stockholders' Equity [Abstract]
Employee pension and postretirement benefits, tax	$ 0.9	$ 0.6
Cash dividends declared per share on common stock (in dollars per share)	$ 0.42	$ 0.38

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Operating activities:
Net income	$ 63.5	$ 70.7
Depreciation and amortization	64.4	63.7
Stock-based compensation expense	12.2	11.4
Deferred income taxes	1	(7)
Gain on sale of assets	(4.2)	(6.3)
Foreign currency transaction losses	0.2	0.3
Other non-cash adjustments	0.5	(0.2)
Changes in operating assets and liabilities	10.5	(36.6)
Net cash provided by operating activities	148.1	96
Investing activities:
Additions to property, plant and equipment	(28)	(40.3)
Additions to equipment held for rental	(24.6)	(22.7)
Proceeds from sale of equipment held for rental	19.8	26.1
Other investing activities	(0.9)	(1)
Net cash used by investing activities	(33.7)	(37.9)
Financing activities:
Proceeds from issuance of debt (original maturities greater than three months)	0	273.5
Repayments of debt (original maturities greater than three months)	(20)	(190)
Net decrease in short-term debt	0	(21.3)
Repurchases of Common Stock	(3)	(101.6)
Dividends paid	(31.3)	(28)
Proceeds from exercise of stock options	33.2	1.9
Excess tax benefit from stock-based compensation	0	0.9
Net cash used by financing activities	(21.1)	(64.6)
Effect of exchange rate changes on cash	(1.8)	2
Increase (decrease) in cash and cash equivalents	91.5	(4.5)
Cash and cash equivalents at beginning of period	321.9	42.9
Cash and cash equivalents at end of period	413.4	38.4
Supplemental disclosures:
Cash paid for interest	28.4	26.6
Cash paid for income taxes	$ 22.2	$ 37.3

Basis of Presentation

Basis of Presentation	6 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements contain all adjustments (which include normal recurring adjustments, unless otherwise noted) necessary to present fairly the financial position, results of operations and cash flows for the periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States (U.S. GAAP) have been condensed or omitted pursuant to the rules and regulations of the U.S. Securities and Exchange Commission. These Condensed Consolidated Financial Statements should be read in conjunction with the audited financial statements and notes thereto included in the Annual Report on Form 10-K of Oshkosh Corporation for the year ended September 30, 2016 . The interim results are not necessarily indicative of results for the full year. “Oshkosh” refers to Oshkosh Corporation not including its subsidiaries and “the Company” refers to Oshkosh Corporation and its subsidiaries. Certain reclassifications have been made to the fiscal 2016 financial statements to conform to the fiscal 2017 presentation.

New Accounting Standards

New Accounting Standards	6 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
New Accounting Standards	New Accounting Standards In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606) , and the FASB has since issued several amendments to this standard, which clarify the principles for recognizing revenue. This guidance requires an entity to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard supersedes all existing U.S. GAAP guidance on revenue recognition and is expected to require the use of more judgment and result in additional disclosures. The Company will be required to adopt ASU 2014-09 as of October 1, 2018. The Company is currently evaluating the impact of ASU 2014-09 on the Company’s financial statements and has not yet determined its method of adoption. In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330), Simplifying the Measurement of Inventory . ASU 2015-11 is part of the FASB’s initiative to simplify accounting standards. The guidance requires an entity to recognize inventory within the scope of the standard at the lower of cost or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The Company will be required to adopt ASU 2015-11 as of October 1, 2017. The Company is currently evaluating the impact of ASU 2015-11 on the Company’s financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which is expected to increase transparency and comparability among organizations . The standard requires lessees to reflect most leases on their balance sheet as lease liabilities with a corresponding right-of-use asset, while leaving presentation of lease expense in the statement of income largely unchanged. The standard also eliminates the real-estate specific provisions that exist under current U.S. GAAP and modifies the classification criteria and accounting lessors must apply to sales-type and direct financing leases. The standard is effective for fiscal years and interim periods beginning after December 15, 2018, and early adoption is permitted. The Company is currently evaluating the impact of ASU 2016-02 on the Company's financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 is part of the FASB’s initiative to simplify accounting standards. The standard requires that all tax effects of share-based payments at settlement (or expiration) be recorded in the income statement at the time the tax effects arise. The standard also clarifies that cash flows resulting from share-based payments be reported as operating activities within the statement of cash flows, permits employers to withhold shares upon settlement of an award to satisfy an employee's tax liability up to the employee's maximum individual tax rate in the relevant jurisdiction without resulting in liability classification of the award and permits entities to make an accounting policy election to estimate or use actual forfeitures when recognizing the expense of share-based compensation. The Company adopted ASU 2016-09 as of October 1, 2016 following a prospective approach for the income tax and earnings per share impacts and a retrospective approach for the cash flow impacts. The adoption of ASU 2016-09 did not have a material impact on the Company's financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments . The standard requires a change in the measurement approach for credit losses on financial assets measured on an amortized cost basis from an incurred loss method to an expected loss method, thereby eliminating the requirement that a credit loss be considered probable to impact the valuation of a financial asset measured on an amortized cost basis. The standard requires the measurement of expected credit losses to be based on relevant information about past events, including historical experience, current conditions, and a reasonable and supportable forecast that affects the collectibility of the related financial asset. The Company will be required to adopt ASU 2016-13 as of October 1, 2020. The Company is currently evaluating the impact of ASU 2016-13 on the Company's financial statements. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740), Intra-Entity Transfers of Assets Other Than Inventory . The standard requires that an entity recognize the income tax consequences of an intra-entity transfer of an asset when the transfer occurs as opposed to when the asset is transferred to an outside party as required under current U.S. GAAP. The standard does not apply to intra-entity transfers of inventory, which will continue to follow current U.S. GAAP. The Company will be required to adopt ASU 2016-16 as of October 1, 2018. Early adoption is permitted. The Company is currently evaluating the impact of ASU 2016-16 on the Company's financial statements. In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment . The standard simplifies the measurement of goodwill impairment by eliminating the requirement that an entity compute the implied fair value of goodwill based on the fair values of its assets and liabilities to measure impairment. Instead, goodwill impairment will be measured as the difference between the fair value of the reporting unit and the carrying value of the reporting unit. The standard also clarifies the treatment of the income tax effect of tax deductible goodwill when measuring goodwill impairment loss. The Company will be required to adopt ASU 2017-04 as of October 1, 2020. Early adoption is permitted. The Company is currently evaluating the impact of ASU 2017-04 on the Company's financial statements. In March 2017, the FASB issued ASU 2017-07, Compensation - Retirement Benefits (Topic 715), Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost . The standard requires that an entity report the service cost component of net periodic pension and postretirement cost in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The remaining components of net benefit costs are required to be presented in the income statement separately from the service component and outside a subtotal of income from operations, if one is presented. The amendment further allows only the service cost component of net periodic pension and postretirement costs to be eligible for capitalization, when applicable. The Company will be required to adopt ASU 2017-07 as of October 1, 2018. Early adoption is permitted. The Company is currently evaluating the impact of ASU 2017-07 on the Company's financial statements.

Receivables

Receivables	6 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Receivables	Receivables Receivables consisted of the following (in millions): March 31, September 30, 2017 2016 U.S. government: Amounts billed $ 59.9 $ 49.0 Costs and profits not billed 85.1 55.3 145.0 104.3 Other trade receivables 754.9 881.8 Finance receivables 44.8 7.6 Notes receivable 34.6 36.1 Other receivables 39.9 38.6 1,019.2 1,068.4 Less allowance for doubtful accounts (19.5 ) (21.2 ) $ 999.7 $ 1,047.2 Classification of receivables in the Condensed Consolidated Balance Sheets consisted of the following (in millions): March 31, September 30, 2017 2016 Current receivables $ 945.1 $ 1,021.9 Long-term receivables (included in “Other long-term assets”) 54.6 25.3 $ 999.7 $ 1,047.2 Finance and notes receivable aging and accrual status consisted of the following (in millions): Finance Receivables Notes Receivable March 31, 2017 September 30, 2016 March 31, 2017 September 30, 2016 Aging of receivables that are past due: Greater than 30 days and less than 60 days $ — $ — $ — $ — Greater than 60 days and less than 90 days — — — — Greater than 90 days 2.4 2.9 0.2 — Receivables on nonaccrual status 4.3 4.5 23.2 25.1 Receivables past due 90 days or more and still accruing — — — — Receivables subject to general reserves 2.4 3.1 — — Allowance for doubtful accounts (0.1 ) (0.1 ) — — Receivables subject to specific reserves 42.4 4.5 34.6 36.1 Allowance for doubtful accounts (2.4 ) (0.9 ) (11.3 ) (13.0 ) Finance Receivables: Finance receivables represent sales-type leases resulting from the sale of the Company's products and the purchase of finance receivables from lenders pursuant to customer defaults under program agreements with finance companies. Finance receivables originated by the Company generally include a residual value component. Residual values are determined based on the expectation that the underlying equipment will have a minimum fair market value at the end of the lease term. This residual value accrues to the Company at the end of the lease. The Company uses its experience and knowledge as an original equipment manufacturer and participant in end markets for the related products along with third-party studies to estimate residual values. The Company monitors these values for impairment on a periodic basis and reflects any resulting reductions in value in current earnings. Delinquency is the primary indicator of credit quality of finance receivables. The Company maintains a general allowance for finance receivables considered doubtful of future collection based upon historical experience. Additional allowances are established based upon the Company’s perception of the quality of the finance receivables, including the length of time the receivables are past due, past experience of collectibility and underlying economic conditions. In circumstances where the Company believes collectibility is no longer reasonably assured, a specific allowance is recorded to reduce the net recognized receivable to the amount reasonably expected to be collected. Finance receivables are written off if management determines that the specific borrower does not have the ability to repay the loan amounts due in full. The terms of the finance agreements generally give the Company the ability to take possession of the underlying collateral. The Company may incur losses in excess of recorded allowances if the financial condition of its customers were to deteriorate or the full amount of any anticipated proceeds from the sale of the collateral supporting its customers’ financial obligations is not realized. Notes Receivable: Notes receivable include amounts related to refinancing of trade accounts and finance receivables. As of March 31, 2017 , approximately 88% of the notes receivable balance outstanding was due from four parties. The Company routinely evaluates the creditworthiness of its customers and establishes reserves where the Company believes collectibility is no longer reasonably assured. Certain notes receivable are collateralized by a security interest in the underlying assets and/or other assets owned by the debtor. The Company may incur losses in excess of recorded allowances if the financial condition of its customers were to deteriorate or the full amount of any anticipated proceeds from the sale of the collateral supporting its customers' financial obligations is not realized. Quality of Finance and Notes Receivable: The Company does not accrue interest income on finance and notes receivable in circumstances where the Company believes collectibility is no longer reasonably assured. Any cash payments received on nonaccrual finance and notes receivable are applied first to the principal balances. The Company does not resume accrual of interest income until the customer has shown that it is capable of meeting its financial obligations by making timely payments over a sustained period of time. The Company determines past due or delinquency status based upon the due date of the receivable. Receivables subject to specific reserves also include loans that the Company has modified in troubled debt restructurings as a concession to customers experiencing financial difficulty. To minimize the economic loss, the Company may modify certain finance and notes receivable. Modifications generally consist of restructured payment terms and time frames in which no payments are required. At March 31, 2017 , restructured finance and notes receivables were $3.4 million and $11.3 million , respectively. Losses on troubled debt restructurings were not significant during the three and six months ended March 31, 2017 and 2016 , respectively. Changes in the Company’s allowance for doubtful accounts by type of receivable were as follows (in millions): Three Months Ended March 31, 2017 Three Months Ended March 31, 2016 Finance Notes Trade and Other Total Finance Notes Trade and Other Total Allowance for doubtful accounts at beginning of period $ 2.1 $ 11.6 $ 6.5 $ 20.2 $ 0.1 $ 12.6 $ 6.1 $ 18.8 Provision for doubtful accounts, net of recoveries 0.4 (0.1 ) 0.1 0.4 0.3 0.1 2.3 2.7 Charge-off of accounts — (0.4 ) (0.8 ) (1.2 ) — — (0.1 ) (0.1 ) Foreign currency translation — 0.2 (0.1 ) 0.1 — 0.5 — 0.5 Allowance for doubtful accounts at end of period $ 2.5 $ 11.3 $ 5.7 $ 19.5 $ 0.4 $ 13.2 $ 8.3 $ 21.9 Six Months Ended March 31, 2017 Six Months Ended March 31, 2016 Finance Notes Trade and Other Total Finance Notes Trade and Other Total Allowance for doubtful accounts at beginning of period $ 1.0 $ 13.0 $ 7.2 $ 21.2 $ 0.1 $ 12.7 $ 7.5 $ 20.3 Provision for doubtful accounts, net of recoveries 1.5 (0.7 ) (0.4 ) 0.4 0.3 0.3 1.2 1.8 Charge-off of accounts — (0.5 ) (1.0 ) (1.5 ) — — (0.4 ) (0.4 ) Foreign currency translation — (0.5 ) (0.1 ) (0.6 ) — 0.2 — 0.2 Allowance for doubtful accounts at end of period $ 2.5 $ 11.3 $ 5.7 $ 19.5 $ 0.4 $ 13.2 $ 8.3 $ 21.9

Inventories

Inventories	6 Months Ended
	Mar. 31, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of the following (in millions): March 31, September 30, 2017 2016 Raw materials $ 597.9 $ 481.2 Partially finished products 442.6 307.8 Finished products 503.6 286.9 Inventories at FIFO cost 1,544.1 1,075.9 Less: Progress/performance-based payments on U.S. government contracts (8.0 ) (17.8 ) Excess of FIFO cost over LIFO cost (81.0 ) (78.3 ) $ 1,455.1 $ 979.8 Title to all inventories related to U.S. government contracts, which provide for progress or performance-based payments, vests with the U.S. government to the extent of unliquidated progress or performance-based payments.

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment consisted of the following (in millions): March 31, September 30, 2017 2016 Land and land improvements $ 57.8 $ 56.8 Buildings 286.3 283.4 Machinery and equipment 605.7 597.3 Software and related costs 150.8 147.4 Equipment on operating lease to others 34.4 25.7 1,135.0 1,110.6 Less accumulated depreciation (689.3 ) (658.5 ) $ 445.7 $ 452.1 Depreciation expense was $20.4 million and $18.7 million for the three months ended March 31, 2017 and 2016 , respectively. Depreciation expense was $39.3 million and $35.8 million for the six months ended March 31, 2017 and 2016 , respectively. Capitalized interest was insignificant for all reported periods. Equipment on operating lease to others represents the cost of equipment shipped to customers for whom the Company has guaranteed the residual value and equipment on short-term leases. These transactions are accounted for as operating leases with the related assets capitalized and depreciated over their estimated economic lives of five to ten years. Cost less accumulated depreciation for equipment on operating lease at March 31, 2017 and September 30, 2016 was $26.8 million and $18.6 million , respectively.

Goodwill and Purchased Intangib

Goodwill and Purchased Intangible Assets	6 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Purchased Intangible Assets	Goodwill and Purchased Intangible Assets Goodwill and other indefinite-lived intangible assets are not amortized, but are reviewed for impairment annually or more frequently if potential interim indicators exist that could result in impairment. The Company performs its annual impairment test in the fourth quarter of its fiscal year. The following table presents changes in goodwill during the six months ended March 31, 2017 (in millions): Access Equipment Fire & Emergency Commercial Total Net goodwill at September 30, 2016 $ 876.6 $ 106.1 $ 20.8 $ 1,003.5 Foreign currency translation (9.1 ) — — (9.1 ) Net goodwill at March 31, 2017 $ 867.5 $ 106.1 $ 20.8 $ 994.4 The following table presents details of the Company’s goodwill allocated to the reportable segments (in millions): March 31, 2017 September 30, 2016 Gross Accumulated Impairment Net Gross Accumulated Impairment Net Access equipment $ 1,799.6 $ (932.1 ) $ 867.5 $ 1,808.7 $ (932.1 ) $ 876.6 Fire & emergency 108.1 (2.0 ) 106.1 108.1 (2.0 ) 106.1 Commercial 196.7 (175.9 ) 20.8 196.7 (175.9 ) 20.8 $ 2,104.4 $ (1,110.0 ) $ 994.4 $ 2,113.5 $ (1,110.0 ) $ 1,003.5 Details of the Company’s total purchased intangible assets are as follows (in millions): March 31, 2017 Weighted- Average Life (in years) Gross Accumulated Amortization Net Amortizable intangible assets: Distribution network 39.1 $ 55.4 $ (28.7 ) $ 26.7 Technology-related 11.9 104.7 (95.7 ) 9.0 Customer relationships 12.8 546.6 (442.0 ) 104.6 Other 16.2 16.4 (14.7 ) 1.7 14.8 723.1 (581.1 ) 142.0 Non-amortizable trade names 387.7 — 387.7 $ 1,110.8 $ (581.1 ) $ 529.7 September 30, 2016 Weighted- Average Life (in years) Gross Accumulated Amortization Net Amortizable intangible assets: Distribution network 39.1 $ 55.4 $ (28.0 ) $ 27.4 Technology-related 11.9 104.7 (91.5 ) 13.2 Customer relationships 12.8 550.8 (427.4 ) 123.4 Other 16.3 16.5 (14.7 ) 1.8 14.5 727.4 (561.6 ) 165.8 Non-amortizable trade names 387.7 — 387.7 $ 1,115.1 $ (561.6 ) $ 553.5 The estimated future amortization expense of purchased intangible assets for the remainder of fiscal 2017 and the five years succeeding September 30, 2017 are as follows: 2017 (remaining six months) - $22.2 million ; 2018 - $38.3 million ; 2019 - $36.9 million ; 2020 - $11.0 million ; 2021 - $5.3 million ; and 2022 - $4.9 million .

Credit Agreements

Credit Agreements	6 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Credit Agreements	Credit Agreements The Company was obligated under the following debt instruments (in millions): March 31, 2017 Principal Debt Issuance Costs Debt, Net Senior Secured Term Loan $ 335.0 $ (1.1 ) $ 333.9 5.375% Senior Notes due March 2022 250.0 (3.9 ) 246.1 5.375% Senior Notes due March 2025 250.0 (2.9 ) 247.1 $ 835.0 $ (7.9 ) 827.1 Less current maturities (10.0 ) $ 817.1 Revolving Credit Facility $ — Current maturities of long-term debt 10.0 $ 10.0 September 30, 2016 Principal Debt Issuance Costs Debt, Net Senior Secured Term Loan $ 355.0 $ (1.4 ) $ 353.6 5.375% Senior Notes due March 2022 250.0 (4.3 ) 245.7 5.375% Senior Notes due March 2025 250.0 (3.1 ) 246.9 $ 855.0 $ (8.8 ) 846.2 Less current maturities (20.0 ) $ 826.2 Revolving Credit Facility $ — Current maturities of long-term debt 20.0 $ 20.0 In March 2014, the Company entered into an Amended and Restated Credit Agreement with various lenders (the “Credit Agreement”). The Credit Agreement provides for (i) a revolving credit facility (Revolving Credit Facility) that matures in March 2019 with an initial maximum aggregate amount of availability of $600 million and (ii) a $400 million term loan (Term Loan) due in quarterly principal installments of $5 million with a balloon payment of $310 million due at maturity in March 2019. During the first quarter of fiscal 2017, the Company prepaid all quarterly principal installments required during fiscal 2017. In January 2015, the Company entered into an agreement with lenders under the Credit Agreement that increased the Revolving Credit Facility to an aggregate maximum amount of $850 million . At March 31, 2017 , there was no outstanding balance under the Revolving Credit Facility. At March 31, 2017 , outstanding letters of credit of $100.5 million reduced available capacity under the Revolving Credit Facility to $749.5 million . The Company’s obligations under the Credit Agreement are guaranteed by certain of its domestic subsidiaries, and the Company will guarantee the obligations of certain of its subsidiaries under the Credit Agreement. Subject to certain exceptions, the Credit Agreement is collateralized by (i) a first-priority perfected lien and security interests in substantially all of the personal property of the Company, each material subsidiary of the Company and each subsidiary guarantor, (ii) mortgages upon certain real property of the Company and certain of its domestic subsidiaries and (iii) a pledge of the equity of each material subsidiary of the Company. Under the Credit Agreement, the Company must pay (i) an unused commitment fee ranging from 0.225% to 0.35% per annum of the average daily unused portion of the aggregate revolving credit commitments under the Credit Agreement and (ii) a fee ranging from 0.625% to 2.00% per annum of the maximum amount available to be drawn for each letter of credit issued and outstanding under the Credit Agreement. Borrowings under the Credit Agreement bear interest at a variable rate equal to (i) LIBOR plus a specified margin , which may be adjusted upward or downward depending on whether certain criteria are satisfied, or (ii) for dollar-denominated loans only, the base rate (which is the highest of (a) the administrative agent’s prime rate, (b) the federal funds rate plus 0.50% or (c) the sum of 1% plus one-month LIBOR ) plus a specified margin, which may be adjusted upward or downward depending on whether certain criteria are satisfied. At March 31, 2017 , the interest spread on the Revolving Credit Facility and Term Loan was 150 basis points . The weighted-average interest rate on borrowings outstanding under the Term Loan was 2.29% at March 31, 2017 . The Credit Agreement contains various restrictions and covenants, including requirements that the Company maintain certain financial ratios at prescribed levels and restrictions, subject to certain exceptions, on the ability of the Company and certain of its subsidiaries to consolidate or merge, create liens, incur additional indebtedness, dispose of assets, consummate acquisitions and make investments in joint ventures and foreign subsidiaries. The Credit Agreement contains the following financial covenants: • Leverage Ratio: A maximum leverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated indebtedness to consolidated net income before interest, taxes, depreciation, amortization, non-cash charges and certain other items (EBITDA)) as of the last day of any fiscal quarter of 4.50 to 1.00 . • Interest Coverage Ratio: A minimum interest coverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated EBITDA to the Company’s consolidated cash interest expense) as of the last day of any fiscal quarter of 2.50 to 1.00 . • Senior Secured Leverage Ratio: A maximum senior secured leverage ratio (defined as, with certain adjustments, the ratio of the Company’s consolidated secured indebtedness to the Company’s consolidated EBITDA) of 3.00 to 1.00 . With certain exceptions, the Company may elect to have the collateral pledged in connection with the Credit Agreement released during any period that the Company maintains an investment grade corporate family rating from either Standard & Poor’s Ratings Group or Moody’s Investor Service Inc. During any such period when the collateral has been released, the Company’s leverage ratio as of the last day of any fiscal quarter must not be greater than 3.75 to 1.00 , and the Company would not be subject to any additional requirement to limit its senior secured leverage ratio. The Company was in compliance with the financial covenants contained in the Credit Agreement as of March 31, 2017 . Additionally, with certain exceptions, the Credit Agreement limits the ability of the Company to pay dividends and other distributions, including repurchases of shares of its Common Stock. However, so long as no event of default exists under the Credit Agreement or would result from such payment, the Company may pay dividends and other distributions after March 3, 2010 in an aggregate amount not exceeding the sum of: i. 50% of the consolidated net income of the Company and its subsidiaries (or if such consolidated net income is a deficit, minus 100% of such deficit), accrued on a cumulative basis during the period beginning on January 1, 2010 and ending on the last day of the fiscal quarter immediately preceding the date of the applicable proposed dividend or distribution; and ii. 100% of the aggregate net proceeds received by the Company subsequent to March 3, 2010 either as a contribution to its common equity capital or from the issuance and sale of its Common Stock. In February 2014, the Company issued $250.0 million of 5.375% unsecured senior notes due March 1, 2022 (the “2022 Senior Notes”). In March 2015, the Company issued $250.0 million of 5.375% unsecured senior notes due March 1, 2025 (the “2025 Senior Notes”). The Company has the option to redeem the 2022 Senior Notes and the 2025 Senior Notes for a premium after March 1, 2017 and March 1, 2020, respectively. The 2022 Senior Notes and the 2025 Senior Notes were issued pursuant to separate indentures (the “Indentures”) among the Company, the subsidiary guarantors named therein and a trustee. The Indentures contain customary affirmative and negative covenants. Certain of the Company’s subsidiaries jointly, severally, fully and unconditionally guarantee the Company’s obligations under the 2022 Senior Notes and 2025 Senior Notes. See Note 21 of the Notes to Condensed Consolidated Financial Statements for separate financial information of the subsidiary guarantors. The fair value of the long-term debt is estimated based upon Level 2 inputs to reflect market rate of the Company’s debt. At March 31, 2017 , the fair value of the 2022 Senior Notes and the 2025 Senior Notes was estimated to be $260 million ( $262 million at September 30, 2016 ) and $257 million ( $263 million at September 30, 2016 ), respectively. The fair value of the Term Loan approximated book value at both March 31, 2017 and September 30, 2016 . See Note 12 of the Notes to Condensed Consolidated Financial Statements for the definition of a Level 2 input.

Warranties

Warranties	6 Months Ended
	Mar. 31, 2017
Product Warranties Disclosures [Abstract]
Warranties	Warranties The Company’s products generally carry explicit warranties that extend from six months to five years, based on terms that are generally accepted in the marketplace. Selected components (such as engines, transmissions, tires, etc.) included in the Company’s end products may include manufacturers’ warranties. These manufacturers’ warranties are generally passed on to the end customer of the Company’s products, and the customer would generally deal directly with the component manufacturer. Accrued warranty is reported in “Other current liabilities” in the Condensed Consolidated Balance Sheets. The Company offers a variety of extended warranty programs. The premiums received for an extended warranty are generally deferred until after the expiration of the standard warranty period. The unearned premium is then recognized in income over the term of the extended warranty period in proportion to the costs that are expected to be incurred. Unamortized extended warranty premiums totaled $29.2 million and $29.5 million at March 31, 2017 and 2016 , respectively. Changes in the Company’s warranty liability and unearned extended warranty premiums were as follows (in millions): Six Months Ended 2017 2016 Balance at beginning of period $ 89.6 $ 92.1 Warranty provisions 24.7 19.8 Settlements made (25.7 ) (27.1 ) Changes in liability for pre-existing warranties, net (0.5 ) 1.4 Premiums received 5.4 7.4 Amortization of premiums received (5.8 ) (5.4 ) Foreign currency translation (0.7 ) 0.2 Balance at end of period $ 87.0 $ 88.4 Provisions for estimated warranty and other related costs are recorded at the time of sale and are periodically adjusted to reflect actual experience. Certain warranty and other related claims involve matters of dispute that ultimately are resolved by negotiation, arbitration or litigation. At times, warranty issues arise that are beyond the scope of the Company's historical experience. It is reasonably possible that additional warranty and other related claims could arise from disputes or other matters in excess of amounts accrued; however, the Company does not expect that any such amounts, while not determinable, would have a material effect on the Company's consolidated financial condition, results of operations or cash flows.

Guarantee Arrangements

Guarantee Arrangements	6 Months Ended
	Mar. 31, 2017
Guarantees [Abstract]
Guarantee Arrangements	Guarantee Arrangements The Company is party to multiple agreements whereby at March 31, 2017 it guaranteed an aggregate of $583.5 million in indebtedness of customers. The Company estimated that its maximum loss exposure under these contracts at March 31, 2017 was $118.1 million . Under the terms of these and various related agreements and upon the occurrence of certain events, the Company generally has the ability to, among other things, take possession of the underlying collateral. If the financial condition of the customers were to deteriorate and result in their inability to make payments, then loss provisions in excess of amounts provided for at inception may be required. While the Company does not expect to experience losses under these agreements that are materially in excess of the amounts reserved, it cannot provide any assurance that the financial condition of the third parties will not deteriorate resulting in the third parties ’ inability to meet their obligations. In the event that this occurs, the Company cannot guarantee that the collateral underlying the agreements will be sufficient to avoid losses materially in excess of the amounts reserved. Any losses under these guarantees would generally be mitigated by the value of any underlying collateral, including financed equipment, and are generally subject to the finance company's ability to provide the Company clear title to foreclosed equipment and other conditions. During periods of economic weakness, collateral values generally decline and can contribute to higher exposure to losses. Changes in the Company’s credit guarantee liability were as follows (in millions): Three Months Ended Six Months Ended 2017 2016 2017 2016 Balance at beginning of period $ 8.5 $ 5.8 $ 8.4 $ 5.6 Provision for new credit guarantees 0.9 1.5 1.5 2.3 Changes for pre-existing guarantees, net 0.4 0.3 0.5 0.6 Amortization of previous guarantees (0.8 ) (0.6 ) (1.3 ) (1.5 ) Foreign currency translation 0.1 — — — Balance at end of period $ 9.1 $ 7.0 $ 9.1 $ 7.0

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Mar. 31, 2017
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders' Equity On August 31, 2015, the Company's Board of Directors increased the Company's Common Stock repurchase authorization by 10,000,000 shares, increasing the repurchase authorization to 10,299,198 shares. Between August 31, 2015 and March 31, 2017 , the Company repurchased 2,786,624 shares under this authorization at a cost of $112.0 million . As a result, the Company had 7,512,574 shares of Common Stock remaining under this repurchase authorization as of March 31, 2017 . The Company is restricted by its Credit Agreement from repurchasing shares in certain situations. See Note 7 of the Notes to Condensed Consolidated Financial Statements for information regarding these restrictions.

Derivative Financial Instrument

Derivative Financial Instruments and Hedging Activities	6 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments and Hedging Activities	Derivative Financial Instruments and Hedging Activities The Company has used forward foreign currency exchange contracts (derivatives) to reduce the exchange rate risk of specific foreign currency denominated transactions. These derivatives typically require the exchange of a foreign currency for U.S. dollars at a fixed rate at a future date. At times, the Company has designated these hedges as either cash flow hedges or fair value hedges under FASB Accounting Standards Codification (ASC) Topic 815, Derivatives and Hedging. At March 31, 2017 , the total notional U.S. dollar equivalent of outstanding forward foreign exchange contracts designated as hedges in accordance with ASC Topic 815 was $7.4 million . Net gains or losses related to hedge ineffectiveness were insignificant for the three and six month periods ended March 31, 2017 and 2016 . Ineffectiveness is included in “Miscellaneous, net” in the Condensed Consolidated Statements of Income along with mark-to-market adjustments on outstanding non-designated derivatives. At March 31, 2017 , the maximum length of time the Company is hedging its exposure to the variability in future cash flows was ten months. The Company has entered into forward foreign currency exchange contracts to create an economic hedge to manage foreign exchange risk exposure associated with non-functional currency denominated payables resulting from global sourcing activities. The Company has not designated these derivative contracts as hedge transactions under FASB ASC Topic 815, and accordingly, the mark-to-market impact of these derivatives is recorded each period in current earnings. At March 31, 2017 , the U.S. dollar equivalent of these outstanding forward foreign exchange contracts totaled $106.4 million in not ional amounts covering a variety of foreign currencies. The Company has entered into interest rate contracts to create an economic hedge to manage changes in interest rates on executory sales contracts that exposes the Company to interest rate risk based on changes in market interest rates. The Company has not designated these interest rate contracts as hedge transactions under FASB ASC Topic 815, and accordingly, the mark-to-market impact of these derivatives is recorded each period in current earnings. At March 31, 2017 , the U.S. dollar equivalent notional amount of these outstanding interest rate contracts totaled $19.8 million . Fair Market Value of Financial Instruments — The fair values of all open derivative instruments were as follows (in millions): March 31, 2017 September 30, 2016 Other Current Assets Other Current Liabilities Other Current Assets Other Current Liabilities Not designated as hedging instruments: Foreign exchange contracts $ 0.5 $ 0.3 $ 0.1 $ 0.4 Interest rate contracts 0.5 1.2 — 0.4 $ 1.0 $ 1.5 $ 0.1 $ 0.8 The pre-tax effects of derivative instruments consisted of the following (in millions): Classification of Gains (Losses) Three Months Ended Six Months Ended 2017 2016 2017 2016 Cash flow hedges: Foreign exchange contracts Miscellaneous, net $ — $ (0.1 ) $ — $ (0.1 ) Foreign exchange contracts Cost of sales — — 0.1 — Not designated as hedging instruments: Foreign exchange contracts Miscellaneous, net (1.7 ) (4.5 ) 1.0 (5.8 ) Interest rate contracts Miscellaneous, net — (0.1 ) 0.4 (0.2 ) $ (1.7 ) $ (4.7 ) $ 1.5 $ (6.1 )

Fair Value Measurement

Fair Value Measurement	6 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurement	Fair Value Measurement FASB ASC Topic 820, Fair Value Measurements and Disclosures , defines fair value as the price that would be received to sell an asset or paid to transfer a liability (i.e., exit price) in an orderly transaction between market participants at the measurement date. FASB ASC Topic 820 requires disclosures that categorize assets and liabilities measured at fair value into one of three different levels depending on the assumptions (i.e., inputs) used in the valuation. Level 1 provides the most reliable measure of fair value, while Level 3 generally requires significant management judgment. The three levels are defined as follows: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities. Level 2: Observable inputs other than quoted prices in active markets for identical assets or liabilities, such as quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets. Level 3: Unobservable inputs reflecting management's own assumptions about the inputs used in pricing the asset or liability. There were no transfers of assets between levels during the three and six months ended March 31, 2017 . The fair values of the Company’s financial assets and liabilities were as follows (in millions): Level 1 Level 2 Level 3 Total March 31, 2017 Assets: SERP plan assets (a) $ 21.6 $ — $ — $ 21.6 Foreign currency exchange derivatives (b) — 0.5 — 0.5 Interest rate contracts (c) — 0.5 — 0.5 Liabilities: Foreign currency exchange derivatives (b) $ — $ 0.3 $ — $ 0.3 Interest rate contracts (c) — 1.2 — 1.2 September 30, 2016 Assets: SERP plan assets (a) $ 21.7 $ — $ — $ 21.7 Foreign currency exchange derivatives (b) — 0.1 — 0.1 Liabilities: Foreign currency exchange derivatives (b) $ — $ 0.4 $ — $ 0.4 Interest rate contracts (c) — 0.4 — 0.4 _________________________ (a) Represents investments in a rabbi trust for the Company's non-qualified supplemental executive retirement plan (SERP). The fair values of these investments are determined using a market approach. Investments include mutual funds for which quoted prices in active markets are available. The Company records changes in the fair value of investments in “Miscellaneous, net” in the Condensed Consolidated Statements of Income. (b) Based on observable market transactions of forward currency prices. (c) Based on observable market transactions of interest rate swap prices.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation In February 2017, the Company’s shareholders approved the 2017 Incentive Stock and Awards Plan (the “2017 Stock Plan”). The 2017 Stock Plan replaced the 2009 Incentive Stock and Awards Plan (as amended, the “2009 Stock Plan”), which succeeded the 2004 Incentive Stock and Awards Plan (as amended, the “2004 Stock Plan”). While no new awards will be granted under the 2004 Stock Plan or the 2009 Stock Plan, awards previously made under either plan that were outstanding as of the approval date of the 2017 Stock Plan will remain outstanding and continue to be governed by the provisions of the respective stock plan under which they were issued. At March 31, 2017 , the Company had reserved 9,180,842 shares of Common Stock available for issuance to provide for the exercise of outstanding stock options and the issuance of Common Stock under incentive compensation awards, including awards issued prior to the effective date of the 2017 Stock Plan. The Company recognizes stock-based compensation expense over the requisite service period for vesting of an award, or to an employee's eligible retirement date, if earlier and applicable. Total stock-based compensation expense, including cash-based liability awards, for the three and six months ended March 31, 2017 was $6.5 million ( $4.1 million net of tax) and $14.4 million ( $9.1 million net of tax), respectively. Total stock-based compensation expense, including cash-based liability awards, for the three and six months ended March 31, 2016 was $6.5 million ( $4.1 million net of tax) and $12.5 million ( $7.9 million net of tax), respectively.

Restructuring and Other Charges

Restructuring and Other Charges	6 Months Ended
	Mar. 31, 2017
Restructuring and Related Activities [Abstract]
Restructuring and Other Charges	Restructuring and Other Charges On September 21, 2016, the Company committed to transition its access equipment aftermarket parts distribution network to a third party logistics company. As a result, the access equipment segment will cease operations at its Orrville, Ohio parts distribution center by August 1, 2017. This initiative is intended to improve customer service levels, increase operational efficiency and allow the Company to reallocate resources to invest in future growth. The Company expects to incur cash charges related to severance costs and other employment-related benefits of approximately $3.0 million related to this decision, of which $0.4 million and $1.1 million were incurred in the three and six months ended March 31, 2017, respectively. In November 2016, the commercial segment recognized $0.4 million of restructuring costs to better align the commercial segment cost structure for long term success. This program is now complete. On January 26, 2017, as part of simplification activities in support of the Company’s MOVE strategy, the access equipment segment announced it had committed to certain restructuring plans. The plans include the closure of its manufacturing plant and pre-delivery inspection facilities in Belgium, the streamlining of telehandler product offerings to a reduced range in Europe, the transfer of remaining European telehandler manufacturing to the Company’s facility in Romania and reductions in engineering staff supporting European telehandlers, including the closure of the UK-based engineering facility. The announced plans also include the move of North American telehandler production from Ohio to facilities in Pennsylvania. The Company expects total implementation costs for these actions to be approximately $45.0 million to $50.0 million , including approximately $11.0 million of operating costs related to the plans that are expected to result in future benefit to the Company. Approximately $43.0 million of the pre-tax implementation costs are expected to be incurred in fiscal 2017 with the remainder to be incurred in fiscal 2018. The access equipment segment recognized $16.3 million of restructuring costs under this plan for both the three and six months ended March 31, 2017. In addition, the access equipment segment recognized $0.9 million of operating expenses related to this plan in the three and six months ended March 31, 2017. Pre-tax restructuring charges for the three months ended March 31, 2017 were as follows (in millions): Cost of Sales Access equipment $ 16.7 Pre-tax restructuring charges for the six months ended March 31, 2017 were as follows (in millions): Cost of Sales Selling, General and Administrative Expenses Total Access equipment $ 17.4 $ — $ 17.4 Commercial — 0.4 0.4 Total $ 17.4 $ 0.4 $ 17.8 Changes in the Company's restructuring reserves, included within "Other current liabilities" in the Condensed Consolidated Balance Sheets, were as follows (in millions): Employee Severance and Termination Benefits Property, Plant and Equipment Impairment Other Costs Total Balance at September 30, 2016 $ 0.9 $ — $ — $ 0.9 Restructuring provision 15.3 1.5 1.0 17.8 Utilized - cash (1.2 ) — (0.2 ) (1.4 ) Utilized - noncash — (1.5 ) — (1.5 ) Balance as of March 31, 2017 $ 15.0 $ — $ 0.8 $ 15.8

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Mar. 31, 2017
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
Employee Benefit Plans	Employee Benefit Plans Components of net periodic pension benefit cost were as follows (in millions): Three Months Ended Six Months Ended 2017 2016 2017 2016 Components of net periodic benefit cost Service cost $ 3.2 $ 2.8 $ 6.5 $ 5.7 Interest cost 4.4 4.5 8.8 9.1 Expected return on plan assets (4.6 ) (4.5 ) (9.1 ) (9.0 ) Amortization of prior service cost 0.5 0.5 0.9 0.9 Amortization of net actuarial loss 1.0 0.6 2.0 1.2 Net periodic benefit cost $ 4.5 $ 3.9 $ 9.1 $ 7.9 Components of net periodic other post-employment benefit cost were as follows (in millions): Three Months Ended Six Months Ended 2017 2016 2017 2016 Components of net periodic benefit cost Service cost $ 0.7 $ 0.4 $ 1.3 $ 0.7 Interest cost 0.4 0.4 0.8 0.8 Amortization of prior service cost (0.3 ) (0.3 ) (0.5 ) (0.5 ) Amortization of net actuarial loss (gain) — (0.1 ) 0.1 (0.1 ) Net periodic benefit cost $ 0.8 $ 0.4 $ 1.7 $ 0.9 The Company made contributions to fund benefit payments under its other post-employment benefit plans of $0.9 million and $1.0 million for the six months ended March 31, 2017 and 2016 , respectively. The Company estimates that it will make additional contributions of approximately $0.9 million under these other post-employment benefit plans prior to the end of fiscal 2017 .

Income Taxes

Income Taxes	6 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company recorded income tax expense of $23.6 million for the three months ended March 31, 2017 , or 35.0% of pre-tax income, compared to $20.3 million , or 27.0% of pre-tax income, for the three months ended March 31, 2016 . Results for the three months ended March 31, 2017 were favorably impacted by $1.5 million of net discrete tax benefits, including a $1.8 million tax benefit related to employee-share based payments. Results for the three months ended March 31, 2016 were favorably impacted by $4.4 million of discrete tax benefits, including $3.5 million related to provision to return adjustments and $0.8 million related to reduction in reserves for uncertain tax benefits resulting from statues of limitations lapses. The Company recorded income tax expense of $28.8 million for the six months ended March 31, 2017 , or 31.6% of pre-tax income, compared to $22.0 million , or 24.1% of pre-tax income for the six months ended March 31, 2016 . Tax expense included net discrete tax benefits of $4.9 million and $8.0 million for the six months ended March 31, 2017 and 2016 , respectively. Discrete tax benefits recorded in the six months ended March 31, 2017 included $2.0 million of tax benefits related to employee share-based payments and $2.9 million of tax benefits related to the release of valuation allowances on federal capital loss carryforwards and state net operating losses. Discrete tax benefits recorded in the six months ended March 31, 2016 included a $2.4 million benefit related to the reinstatement of the U.S. research and development tax credit in December 2015, a $3.5 million benefit related to provision to return adjustments, and a $2.0 million benefit related to reduction in reserves for uncertain tax benefits relating to interest adjustments and statutes of limitations lapses. The Company’s liability for gross unrecognized tax benefits, excluding related interest and penalties, was $39.8 million and $37.4 million as of March 31, 2017 and September 30, 2016 , respectively. As of March 31, 2017 , net unrecognized tax benefits, excluding interest and penalties, of $26.2 million would affect the Company’s net income if recognized. The Company recognizes accrued interest and penalties, if any, related to unrecognized tax benefits in the “Provision for income taxes” in the Condensed Consolidated Statements of Income. During the six months ended March 31, 2017 and 2016 , the Company recognized costs of $0.9 million and benefits of $1.4 million , respectively, related to interest and penalties. At March 31, 2017 , the Company had accruals for the payment of interest and penalties of $11.3 million . During the next twelve months, it is reasonably possible that federal, state and foreign tax audit resolutions could reduce net unrecognized tax benefits by approximately $1.8 million because the Company’s tax positions are sustained on audit, the Company agrees to their disallowance or the statutes of limitations close. The Company files federal income tax returns as well as multiple state, local and non-U.S. jurisdiction tax returns. The Company is regularly audited by federal, state and foreign tax authorities.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Mar. 31, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss) by component were as follows (in millions): Three Months Ended March 31, 2017 Employee Pension and Postretirement Benefits, Net of Tax Cumulative Translation Adjustments Accumulated Other Comprehensive Income (Loss) Balance at beginning of period $ (73.1 ) $ (131.5 ) $ (204.6 ) Other comprehensive income (loss) before reclassifications — 10.7 10.7 Amounts reclassified from accumulated other comprehensive income 0.8 — 0.8 Net current period other comprehensive income (loss) 0.8 10.7 11.5 Balance at end of period $ (72.3 ) $ (120.8 ) $ (193.1 ) Three Months Ended March 31, 2016 Employee Pension and Postretirement Benefits, Net of Tax Cumulative Translation Adjustments Derivative Instruments Accumulated Other Comprehensive Income (Loss) Balance at beginning of period $ (45.9 ) $ (109.3 ) $ 0.3 $ (154.9 ) Other comprehensive income (loss) before reclassifications — 18.9 (0.2 ) 18.7 Amounts reclassified from accumulated other comprehensive income 0.4 — — 0.4 Net current period other comprehensive income (loss) 0.4 18.9 (0.2 ) 19.1 Balance at end of period $ (45.5 ) $ (90.4 ) $ 0.1 $ (135.8 ) Six Months Ended March 31, 2017 Employee Pension and Postretirement Benefits, Net of Tax Cumulative Translation Adjustments Accumulated Other Comprehensive Income (Loss) Balance at beginning of period $ (73.9 ) $ (101.1 ) $ (175.0 ) Other comprehensive income (loss) before reclassifications — (19.7 ) (19.7 ) Amounts reclassified from accumulated other comprehensive income 1.6 — 1.6 Net current period other comprehensive income (loss) 1.6 (19.7 ) (18.1 ) Balance at end of period $ (72.3 ) $ (120.8 ) $ (193.1 ) Six Months Ended March 31, 2016 Employee Pension and Postretirement Benefits, Net of Tax Cumulative Translation Adjustments Derivative Instruments Accumulated Other Comprehensive Income (Loss) Balance at beginning of period $ (46.4 ) $ (98.1 ) $ 0.1 $ (144.4 ) Other comprehensive income (loss) before reclassifications — 7.7 — 7.7 Amounts reclassified from accumulated other comprehensive income 0.9 — — 0.9 Net current period other comprehensive income (loss) 0.9 7.7 — 8.6 Balance at end of period $ (45.5 ) $ (90.4 ) $ 0.1 $ (135.8 ) Reclassifications out of accumulated other comprehensive income (loss) included in the computation of net periodic pension and postretirement benefit cost (refer to Note 15 of the Notes to Condensed Consolidated Financial Statements for additional details regarding employee benefit plans) were as follows (in millions): Three Months Ended Six Months Ended March 31, 2017 2016 2017 2016 Amortization of employee pension and postretirement benefits items Prior service costs $ (0.2 ) $ (0.2 ) $ (0.4 ) $ (0.4 ) Actuarial losses (1.0 ) (0.5 ) (2.1 ) (1.1 ) Total before tax (1.2 ) (0.7 ) (2.5 ) (1.5 ) Tax benefit 0.4 0.3 0.9 0.6 Net of tax $ (0.8 ) $ (0.4 ) $ (1.6 ) $ (0.9 )

Earnings Per Share

Earnings Per Share	6 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The calculation of basic and diluted earnings per common share was as follows (in millions, except number of share amounts): Three Months Ended Six Months Ended March 31, 2017 2016 2017 2016 Earnings available to common shareholders $ 44.3 $ 56.1 $ 63.5 $ 70.7 Basic Earnings Per Share: Weighted-average common shares outstanding 74,696,616 73,118,295 74,486,209 73,593,439 Diluted Earnings Per Share: Basic weighted-average common shares outstanding 74,696,616 73,118,295 74,486,209 73,593,439 Dilutive stock options and other equity-based compensation awards 1,086,846 743,045 1,095,693 766,421 Diluted weighted-average common shares outstanding 75,783,462 73,861,340 75,581,902 74,359,860 Options not included in the computation of diluted earnings per share attributable to common shareholders because they would have been anti-dilutive were as follows: Three Months Ended Six Months Ended March 31, 2017 2016 2017 2016 Stock options 389,950 1,656,741 391,962 1,676,943

Contingencies, Significant Esti

Contingencies, Significant Estimates and Concentrations	6 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Contingencies, Significant Estimates and Concentrations	Contingencies, Significant Estimates and Concentrations Personal Injury Actions and Other - Product and general liability claims are made against the Company from time to time in the ordinary course of business. The Company is generally self-insured for future claims up to $5.0 million per claim. Accordingly, a reserve is maintained for the estimated costs of such claims. At March 31, 2017 and September 30, 2016 , the estimated net liabilities for product and general liability claims totaled $36.8 million and $38.3 million , respectively. There is inherent uncertainty as to the eventual resolution of unsettled claims. Management, however, believes that any losses in excess of established reserves will not have a material effect on the Company’s financial condition, results of operations or cash flows. Market Risks - The Company was contingently liable under bid, performance and specialty bonds totaling $608.8 million and $503.6 million at March 31, 2017 and September 30, 2016 , respectively. Open standby letters of credit issued by the Company’s banks in favor of third parties totaled $100.5 million and $110.8 million at March 31, 2017 and September 30, 2016 , respectively. Other Matters - The Company is subject to environmental matters and legal proceedings and claims, including patent, antitrust, product liability, warranty and state dealership regulation compliance proceedings, that arise in the ordinary course of business. Although the final results of all such matters and claims cannot be predicted with certainty, management believes that the ultimate resolution of all such matters and claims will not have a material effect on the Company’s financial condition, results of operations or cash flows. Actual results could vary, among other things, due to the uncertainties involved in litigation. Major contracts for military systems are performed over extended periods of time and are subject to changes in scope of work and delivery schedules. Pricing negotiations on changes and settlement of claims often extend over prolonged periods of time. The Company’s ultimate profitability on such contracts may depend on the eventual outcome of an equitable settlement of contractual issues with the Company’s customers. The Company was one of several bidders on a large, multi-year military truck solicitation for the Canadian government. The Company's bid was not selected and the Company subsequently submitted a legal challenge of that conclusion. In May 2016, the Canadian International Trade Tribunal ruled in the Company's favor in connection with that challenge. At this time, the Company is unable to estimate the ultimate impact of this challenge and subsequent ruling in the Company's favor.

Business Segment Information

Business Segment Information	6 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Business Segment Information	Business Segment Information The Company is organized into four reportable segments based on the internal organization used by management for making operating decisions and measuring performance and based on the similarity of customers served, common management, common use of facilities and economic results attained. In accordance with FASB ASC Topic 280, Segment Reporting , for purposes of business segment performance measurement, the Company does not allocate to individual business segments costs or items that are of a non-operating nature or organizational or functional expenses of a corporate nature. The caption “Corporate” includes corporate office expenses, share-based compensation, costs of certain business initiatives and shared services or operations benefiting multiple segments, including start-up costs related to a shared manufacturing facility in Mexico, and results of insignificant operations. Identifiable assets of the business segments exclude general corporate assets, which principally consist of cash and cash equivalents, certain property, plant and equipment, and certain other assets pertaining to corporate activities. Intersegment sales generally include amounts invoiced by a segment for work performed for another segment. Amounts are based on actual work performed and agreed-upon pricing, which is intended to be reflective of the contribution made by the supplying business segment. Selected financial information concerning the Company’s reportable segments and product lines is as follows (in millions): Three Months Ended March 31, 2017 2016 External Customers Inter- segment Net Sales External Customers Inter- segment Net Sales Access equipment Aerial work platforms $ 369.4 $ — $ 369.4 $ 375.1 $ — $ 375.1 Telehandlers 161.6 — 161.6 214.7 — 214.7 Other 192.2 — 192.2 164.5 — 164.5 Total access equipment 723.2 — 723.2 754.3 — 754.3 Defense 445.7 0.4 446.1 296.8 0.2 297.0 Fire & emergency 233.5 4.0 237.5 237.2 3.2 240.4 Commercial Concrete placement 112.7 — 112.7 111.3 — 111.3 Refuse collection 79.1 — 79.1 99.5 — 99.5 Other 22.3 1.9 24.2 25.2 0.7 25.9 Total commercial 214.1 1.9 216.0 236.0 0.7 236.7 Corporate and intersegment eliminations 1.8 (6.3 ) (4.5 ) — (4.1 ) (4.1 ) Consolidated $ 1,618.3 $ — $ 1,618.3 $ 1,524.3 $ — $ 1,524.3 Six Months Ended March 31, 2017 2016 External Customers Inter- segment Net Sales External Customers Inter- segment Net Sales Access equipment Aerial work platforms $ 603.1 $ — $ 603.1 $ 617.1 $ — $ 617.1 Telehandlers 254.9 — 254.9 326.5 — 326.5 Other 354.4 — 354.4 340.5 — 340.5 Total access equipment 1,212.4 — 1,212.4 1,284.1 — 1,284.1 Defense 739.9 0.7 740.6 613.7 1.3 615.0 Fire & emergency 462.6 7.4 470.0 442.6 5.3 447.9 Commercial Concrete placement 197.1 — 197.1 183.6 — 183.6 Refuse collection 171.3 — 171.3 198.5 — 198.5 Other 43.8 3.0 46.8 53.8 1.1 54.9 Total commercial 412.2 3.0 415.2 435.9 1.1 437.0 Corporate and intersegment eliminations 2.6 (11.1 ) (8.5 ) — (7.7 ) (7.7 ) Consolidated $ 2,829.7 $ — $ 2,829.7 $ 2,776.3 $ — $ 2,776.3 Three Months Ended Six Months Ended March 31, 2017 2016 2017 2016 Operating income (loss): Access equipment $ 42.1 $ 75.7 $ 66.5 $ 96.1 Defense 48.7 27.8 72.5 51.0 Fire & emergency 21.8 14.9 38.8 25.0 Commercial 6.0 17.2 10.6 26.1 Corporate (38.2 ) (44.2 ) (71.8 ) (76.5 ) Intersegment eliminations — — — — Consolidated 80.4 91.4 116.6 121.7 Interest expense, net of interest income (14.1 ) (15.1 ) (28.0 ) (29.2 ) Miscellaneous other income (expense) 1.2 (1.0 ) 2.5 (1.0 ) Income before income taxes and equity in earnings of unconsolidated affiliates $ 67.5 $ 75.3 $ 91.1 $ 91.5 March 31, September 30, 2017 2016 Identifiable assets: Access equipment: U.S. $ 1,993.8 $ 1,856.0 Europe 491.6 521.5 Rest of the World 218.6 193.7 Total access equipment 2,704.0 2,571.2 Defense: U.S. 708.4 522.2 Rest of the World 2.6 3.0 Total defense 711.0 525.2 Fire & emergency - U.S. 537.3 522.7 Commercial: U.S. 374.5 358.4 Rest of the World 32.3 33.4 Total commercial 406.8 391.8 Corporate: U.S. (a) 531.2 408.3 Rest of the world (b) 98.5 94.6 Total corporate 629.7 502.9 Consolidated $ 4,988.8 $ 4,513.8 _________________________ (a) Primarily includes cash and short-term investments. (b) Primarily includes a corporate-led manufacturing facility that supports multiple operating segments. The following table presents net sales by geographic region based on product shipment destination (in millions): Six Months Ended March 31, 2017 2016 Net sales: United States $ 2,237.5 $ 2,070.4 Other North America 82.7 116.3 Europe, Africa and Middle East 351.2 388.1 Rest of the World 158.3 201.5 Consolidated $ 2,829.7 $ 2,776.3

Separate Financial Information

Separate Financial Information of Subsidiary Guarantors of Indebtedness	6 Months Ended
	Mar. 31, 2017
Separate Financial Information of Subsidiary Guarantors of Indebtedness Disclosure Abstract
Separate Financial Information of Subsidiary Guarantors of Indebtedness	Separate Financial Information of Subsidiary Guarantors of Indebtedness The 2022 Senior Notes and the 2025 Senior Notes are jointly, severally, fully and unconditionally guaranteed on a senior unsecured basis by all of the Company’s 100% owned existing and future subsidiaries that from time to time guarantee obligations under the Credit Agreement, with certain exceptions (the “Guarantors”). Under the Indentures governing the 2022 Senior Notes and 2025 Senior Notes, a Guarantor’s guarantee of such Senior Notes will be automatically and unconditionally released and will terminate upon the following customary circumstances: (i) the sale of such Guarantor or substantially all of the assets of such Guarantor if such sale complies with the indentures; (ii) if such Guarantor no longer guarantees certain other indebtedness of the Company; or (iii) the defeasance or satisfaction and discharge of the indentures. The following condensed supplemental consolidating financial information reflects the summarized financial information of Oshkosh Corporation, the Guarantors on a combined basis and Oshkosh Corporation’s non-guarantor subsidiaries on a combined basis (in millions): Condensed Consolidating Statement of Income and Comprehensive Income For the Three Months Ended March 31, 2017 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net sales $ — $ 1,378.1 $ 285.1 $ (44.9 ) $ 1,618.3 Cost of sales (0.2 ) 1,132.9 268.9 (44.6 ) 1,357.0 Gross income 0.2 245.2 16.2 (0.3 ) 261.3 Selling, general and administrative expenses 35.6 103.9 30.3 — 169.8 Amortization of purchased intangibles — 9.6 1.5 — 11.1 Operating income (loss) (35.4 ) 131.7 (15.6 ) (0.3 ) 80.4 Interest expense (13.6 ) (13.7 ) (0.5 ) 12.7 (15.1 ) Interest income 0.6 4.2 8.9 (12.7 ) 1.0 Miscellaneous, net 24.3 (54.7 ) 31.6 — 1.2 Income (loss) before income taxes (24.1 ) 67.5 24.4 (0.3 ) 67.5 Provision for (benefit from) income taxes (9.3 ) 22.4 10.6 (0.1 ) 23.6 Income (loss) before equity in earnings of affiliates (14.8 ) 45.1 13.8 (0.2 ) 43.9 Equity in earnings of consolidated subsidiaries 59.1 7.9 8.0 (75.0 ) — Equity in earnings of unconsolidated affiliates — — 0.4 — 0.4 Net income 44.3 53.0 22.2 (75.2 ) 44.3 Other comprehensive income (loss), net of tax 11.5 1.5 9.4 (10.9 ) 11.5 Comprehensive income $ 55.8 $ 54.5 $ 31.6 $ (86.1 ) $ 55.8 Condensed Consolidating Statement of Income and Comprehensive Income For the Three Months Ended March 31, 2016 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net sales $ — $ 1,284.0 $ 269.4 $ (29.1 ) $ 1,524.3 Cost of sales 0.4 1,071.0 222.8 (29.2 ) 1,265.0 Gross income (loss) (0.4 ) 213.0 46.6 0.1 259.3 Selling, general and administrative expenses 35.0 96.9 22.8 — 154.7 Amortization of purchased intangibles — 9.7 3.5 — 13.2 Operating income (loss) (35.4 ) 106.4 20.3 0.1 91.4 Interest expense (70.4 ) (16.2 ) (0.4 ) 71.4 (15.6 ) Interest income 0.4 23.1 48.4 (71.4 ) 0.5 Miscellaneous, net 13.6 (50.5 ) 35.9 — (1.0 ) Income (loss) before income taxes (91.8 ) 62.8 104.2 0.1 75.3 Provision for (benefit from) income taxes (34.1 ) 18.8 35.6 — 20.3 Income (loss) before equity in earnings of affiliates (57.7 ) 44.0 68.6 0.1 55.0 Equity in earnings of consolidated subsidiaries 113.8 36.0 19.6 (169.4 ) — Equity in earnings of unconsolidated affiliates — — 1.1 — 1.1 Net income 56.1 80.0 89.3 (169.3 ) 56.1 Other comprehensive income (loss), net of tax 19.1 0.7 18.0 (18.7 ) 19.1 Comprehensive income $ 75.2 $ 80.7 $ 107.3 $ (188.0 ) $ 75.2 Condensed Consolidating Statement of Income and Comprehensive Income For the Six Months Ended March 31, 2017 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net sales $ — $ 2,427.9 $ 488.0 $ (86.2 ) $ 2,829.7 Cost of sales (1.0 ) 2,007.4 448.4 (86.1 ) 2,368.7 Gross income 1.0 420.5 39.6 (0.1 ) 461.0 Selling, general and administrative expenses 67.2 195.4 58.2 — 320.8 Amortization of purchased intangibles — 19.2 4.4 — 23.6 Operating income (loss) (66.2 ) 205.9 (23.0 ) (0.1 ) 116.6 Interest expense (27.2 ) (27.3 ) (1.0 ) 25.7 (29.8 ) Interest income 1.3 8.3 17.9 (25.7 ) 1.8 Miscellaneous, net 46.8 (106.9 ) 62.6 — 2.5 Income (loss) before income taxes (45.3 ) 80.0 56.5 (0.1 ) 91.1 Provision for (benefit from) income taxes (14.4 ) 25.4 17.8 — 28.8 Income (loss) before equity in earnings of affiliates (30.9 ) 54.6 38.7 (0.1 ) 62.3 Equity in earnings of consolidated subsidiaries 94.4 23.6 (2.7 ) (115.3 ) — Equity in earnings of unconsolidated affiliates — — 1.2 — 1.2 Net income 63.5 78.2 37.2 (115.4 ) 63.5 Other comprehensive income (loss), net of tax (18.1 ) 0.6 (19.8 ) 19.2 (18.1 ) Comprehensive income $ 45.4 $ 78.8 $ 17.4 $ (96.2 ) $ 45.4 Condensed Consolidating Statement of Income and Comprehensive Income For the Six Months Ended March 31, 2016 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net sales $ — $ 2,340.8 $ 489.8 $ (54.3 ) $ 2,776.3 Cost of sales 0.7 1,970.0 417.9 (54.4 ) 2,334.2 Gross income (loss) (0.7 ) 370.8 71.9 0.1 442.1 Selling, general and administrative expenses 58.6 186.2 49.2 — 294.0 Amortization of purchased intangibles — 19.5 6.9 — 26.4 Operating income (loss) (59.3 ) 165.1 15.8 0.1 121.7 Interest expense (130.0 ) (30.9 ) (1.1 ) 131.8 (30.2 ) Interest income 0.9 39.3 92.6 (131.8 ) 1.0 Miscellaneous, net 28.5 (91.9 ) 62.4 — (1.0 ) Income (loss) before income taxes (159.9 ) 81.6 169.7 0.1 91.5 Provision for (benefit from) income taxes (39.9 ) 20.4 41.5 — 22.0 Income (loss) before equity in earnings of affiliates (120.0 ) 61.2 128.2 0.1 69.5 Equity in earnings of consolidated subsidiaries 191.0 54.1 13.2 (258.3 ) — Equity in earnings of unconsolidated affiliates (0.3 ) — 1.5 — 1.2 Net income 70.7 115.3 142.9 (258.2 ) 70.7 Other comprehensive income (loss), net of tax 8.6 (2.2 ) 9.9 (7.7 ) 8.6 Comprehensive income $ 79.3 $ 113.1 $ 152.8 $ (265.9 ) $ 79.3 Condensed Consolidating Balance Sheet As of March 31, 2017 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Assets Current assets: Cash and cash equivalents $ 373.5 $ 2.7 $ 37.2 $ — $ 413.4 Receivables, net 30.2 725.8 233.2 (44.1 ) 945.1 Inventories, net — 1,002.9 452.2 — 1,455.1 Other current assets 31.5 50.3 8.3 — 90.1 Total current assets 435.2 1,781.7 730.9 (44.1 ) 2,903.7 Investment in and advances to consolidated subsidiaries 2,816.1 1,282.4 (104.8 ) (3,993.7 ) — Intercompany receivables 48.0 343.2 1,808.0 (2,199.2 ) — Intangible assets, net — 928.2 595.9 — 1,524.1 Other long-term assets 82.6 227.8 250.6 — 561.0 Total assets $ 3,381.9 $ 4,563.3 $ 3,280.6 $ (6,237.0 ) $ 4,988.8 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 15.8 $ 571.9 $ 150.8 $ (43.9 ) $ 694.6 Customer advances — 668.0 4.0 — 672.0 Other current liabilities 80.2 247.6 99.1 (0.2 ) 426.7 Total current liabilities 96.0 1,487.5 253.9 (44.1 ) 1,793.3 Long-term debt, less current maturities 817.1 — — — 817.1 Intercompany payables 364.2 1,787.0 48.0 (2,199.2 ) — Other long-term liabilities 71.3 148.8 125.0 — 345.1 Total shareholders' equity 2,033.3 1,140.0 2,853.7 (3,993.7 ) 2,033.3 Total liabilities and shareholders' equity $ 3,381.9 $ 4,563.3 $ 3,280.6 $ (6,237.0 ) $ 4,988.8 Condensed Consolidating Balance Sheet As of September 30, 2016 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Assets Current assets: Cash and cash equivalents $ 285.4 $ 1.7 $ 34.8 $ — $ 321.9 Receivables, net 13.0 734.3 319.6 (45.0 ) 1,021.9 Inventories, net — 679.1 300.7 — 979.8 Other current assets 28.0 58.5 7.4 — 93.9 Total current assets 326.4 1,473.6 662.5 (45.0 ) 2,417.5 Investment in and advances to consolidated subsidiaries 6,148.2 1,253.6 (120.0 ) (7,281.8 ) — Intercompany receivables 48.0 1,353.7 4,632.2 (6,033.9 ) — Intangible assets, net — 947.5 609.5 — 1,557.0 Other long-term assets 87.3 232.7 219.3 — 539.3 Total assets $ 6,609.9 $ 5,261.1 $ 6,003.5 $ (13,360.7 ) $ 4,513.8 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 13.3 $ 375.0 $ 122.6 $ (44.8 ) $ 466.1 Customer advances — 465.8 6.0 — 471.8 Other current liabilities 85.5 246.5 97.9 (0.2 ) 429.7 Total current liabilities 98.8 1,087.3 226.5 (45.0 ) 1,367.6 Long-term debt, less current maturities 826.2 — — — 826.2 Intercompany payables 3,639.4 2,346.5 48.0 (6,033.9 ) — Other long-term liabilities 69.0 147.9 126.6 — 343.5 Total shareholders' equity 1,976.5 1,679.4 5,602.4 (7,281.8 ) 1,976.5 Total liabilities and shareholders' equity $ 6,609.9 $ 5,261.1 $ 6,003.5 $ (13,360.7 ) $ 4,513.8 Condensed Consolidating Statement of Cash Flows For the Six Months Ended March 31, 2017 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net cash provided (used) by operating activities $ (20.4 ) $ 193.2 $ (24.7 ) $ — $ 148.1 Investing activities: Additions to property, plant and equipment (1.6 ) (19.6 ) (6.8 ) — (28.0 ) Additions to equipment held for rental — — (24.6 ) — (24.6 ) Proceeds from sale of equipment held for rental — — 19.8 — 19.8 Intercompany investing — 387.0 — (387.0 ) — Other investing activities (0.8 ) (0.1 ) — — (0.9 ) Net cash provided (used) by investing activities (2.4 ) 367.3 (11.6 ) (387.0 ) (33.7 ) Financing activities: Repayments of debt (original maturities greater than three months) (20.0 ) — — — (20.0 ) Repurchases of Common Stock (3.0 ) — — — (3.0 ) Dividends paid (31.3 ) — — — (31.3 ) Proceeds from exercise of stock options 33.2 — — — 33.2 Intercompany financing 132.0 (559.5 ) 40.5 387.0 — Net cash provided (used) by financing activities 110.9 (559.5 ) 40.5 387.0 (21.1 ) Effect of exchange rate changes on cash — — (1.8 ) — (1.8 ) Increase in cash and cash equivalents 88.1 1.0 2.4 — 91.5 Cash and cash equivalents at beginning of period 285.4 1.7 34.8 — 321.9 Cash and cash equivalents at end of period $ 373.5 $ 2.7 $ 37.2 $ — $ 413.4 Condensed Consolidating Statement of Cash Flows For the Six Months Ended March 31, 2016 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net cash provided (used) by operating activities $ (124.3 ) $ 99.3 $ 121.0 $ — $ 96.0 Investing activities: Additions to property, plant and equipment (12.7 ) (12.3 ) (15.3 ) — (40.3 ) Additions to equipment held for rental — — (22.7 ) — (22.7 ) Proceeds from sale of equipment held for rental — 0.6 25.5 — 26.1 Intercompany investing (0.7 ) (76.4 ) (108.4 ) 185.5 — Other investing activities (1.0 ) — — — (1.0 ) Net cash used by investing activities (14.4 ) (88.1 ) (120.9 ) 185.5 (37.9 ) Financing activities: Proceeds from issuance of debt (original maturities greater than three months) 270.0 — 3.5 — 273.5 Repayments of debt (original maturities greater than three months) (190.0 ) — — — (190.0 ) Net decrease in short-term debt (21.3 ) — — — (21.3 ) Repurchases of Common Stock (101.6 ) — — — (101.6 ) Dividends paid (28.0 ) — — — (28.0 ) Proceeds from exercise of stock options 1.9 — — — 1.9 Excess tax benefit from stock-based compensation 0.9 — — — 0.9 Intercompany financing 197.8 (13.0 ) 0.7 (185.5 ) — Net cash provided (used) by financing activities 129.7 (13.0 ) 4.2 (185.5 ) (64.6 ) Effect of exchange rate changes on cash — 0.3 1.7 — 2.0 Increase (decrease) in cash and cash equivalents (9.0 ) (1.5 ) 6.0 — (4.5 ) Cash and cash equivalents at beginning of period 14.8 6.3 21.8 — 42.9 Cash and cash equivalents at end of period $ 5.8 $ 4.8 $ 27.8 $ — $ 38.4

New Accounting Standards (Polic

New Accounting Standards (Policies)	6 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
New Accounting Standards	New Accounting Standards In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606) , and the FASB has since issued several amendments to this standard, which clarify the principles for recognizing revenue. This guidance requires an entity to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard supersedes all existing U.S. GAAP guidance on revenue recognition and is expected to require the use of more judgment and result in additional disclosures. The Company will be required to adopt ASU 2014-09 as of October 1, 2018. The Company is currently evaluating the impact of ASU 2014-09 on the Company’s financial statements and has not yet determined its method of adoption. In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330), Simplifying the Measurement of Inventory . ASU 2015-11 is part of the FASB’s initiative to simplify accounting standards. The guidance requires an entity to recognize inventory within the scope of the standard at the lower of cost or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The Company will be required to adopt ASU 2015-11 as of October 1, 2017. The Company is currently evaluating the impact of ASU 2015-11 on the Company’s financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which is expected to increase transparency and comparability among organizations . The standard requires lessees to reflect most leases on their balance sheet as lease liabilities with a corresponding right-of-use asset, while leaving presentation of lease expense in the statement of income largely unchanged. The standard also eliminates the real-estate specific provisions that exist under current U.S. GAAP and modifies the classification criteria and accounting lessors must apply to sales-type and direct financing leases. The standard is effective for fiscal years and interim periods beginning after December 15, 2018, and early adoption is permitted. The Company is currently evaluating the impact of ASU 2016-02 on the Company's financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 is part of the FASB’s initiative to simplify accounting standards. The standard requires that all tax effects of share-based payments at settlement (or expiration) be recorded in the income statement at the time the tax effects arise. The standard also clarifies that cash flows resulting from share-based payments be reported as operating activities within the statement of cash flows, permits employers to withhold shares upon settlement of an award to satisfy an employee's tax liability up to the employee's maximum individual tax rate in the relevant jurisdiction without resulting in liability classification of the award and permits entities to make an accounting policy election to estimate or use actual forfeitures when recognizing the expense of share-based compensation. The Company adopted ASU 2016-09 as of October 1, 2016 following a prospective approach for the income tax and earnings per share impacts and a retrospective approach for the cash flow impacts. The adoption of ASU 2016-09 did not have a material impact on the Company's financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments . The standard requires a change in the measurement approach for credit losses on financial assets measured on an amortized cost basis from an incurred loss method to an expected loss method, thereby eliminating the requirement that a credit loss be considered probable to impact the valuation of a financial asset measured on an amortized cost basis. The standard requires the measurement of expected credit losses to be based on relevant information about past events, including historical experience, current conditions, and a reasonable and supportable forecast that affects the collectibility of the related financial asset. The Company will be required to adopt ASU 2016-13 as of October 1, 2020. The Company is currently evaluating the impact of ASU 2016-13 on the Company's financial statements. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740), Intra-Entity Transfers of Assets Other Than Inventory . The standard requires that an entity recognize the income tax consequences of an intra-entity transfer of an asset when the transfer occurs as opposed to when the asset is transferred to an outside party as required under current U.S. GAAP. The standard does not apply to intra-entity transfers of inventory, which will continue to follow current U.S. GAAP. The Company will be required to adopt ASU 2016-16 as of October 1, 2018. Early adoption is permitted. The Company is currently evaluating the impact of ASU 2016-16 on the Company's financial statements. In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment . The standard simplifies the measurement of goodwill impairment by eliminating the requirement that an entity compute the implied fair value of goodwill based on the fair values of its assets and liabilities to measure impairment. Instead, goodwill impairment will be measured as the difference between the fair value of the reporting unit and the carrying value of the reporting unit. The standard also clarifies the treatment of the income tax effect of tax deductible goodwill when measuring goodwill impairment loss. The Company will be required to adopt ASU 2017-04 as of October 1, 2020. Early adoption is permitted. The Company is currently evaluating the impact of ASU 2017-04 on the Company's financial statements. In March 2017, the FASB issued ASU 2017-07, Compensation - Retirement Benefits (Topic 715), Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost . The standard requires that an entity report the service cost component of net periodic pension and postretirement cost in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The remaining components of net benefit costs are required to be presented in the income statement separately from the service component and outside a subtotal of income from operations, if one is presented. The amendment further allows only the service cost component of net periodic pension and postretirement costs to be eligible for capitalization, when applicable. The Company will be required to adopt ASU 2017-07 as of October 1, 2018. Early adoption is permitted. The Company is currently evaluating the impact of ASU 2017-07 on the Company's financial statements.

Receivables (Tables)

Receivables (Tables)	6 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Schedule of receivables	Receivables consisted of the following (in millions): March 31, September 30, 2017 2016 U.S. government: Amounts billed $ 59.9 $ 49.0 Costs and profits not billed 85.1 55.3 145.0 104.3 Other trade receivables 754.9 881.8 Finance receivables 44.8 7.6 Notes receivable 34.6 36.1 Other receivables 39.9 38.6 1,019.2 1,068.4 Less allowance for doubtful accounts (19.5 ) (21.2 ) $ 999.7 $ 1,047.2
Classification of receivables in the consolidated balance sheets	Classification of receivables in the Condensed Consolidated Balance Sheets consisted of the following (in millions): March 31, September 30, 2017 2016 Current receivables $ 945.1 $ 1,021.9 Long-term receivables (included in “Other long-term assets”) 54.6 25.3 $ 999.7 $ 1,047.2
Schedule of finance and notes receivable aging and accrual status	Finance and notes receivable aging and accrual status consisted of the following (in millions): Finance Receivables Notes Receivable March 31, 2017 September 30, 2016 March 31, 2017 September 30, 2016 Aging of receivables that are past due: Greater than 30 days and less than 60 days $ — $ — $ — $ — Greater than 60 days and less than 90 days — — — — Greater than 90 days 2.4 2.9 0.2 — Receivables on nonaccrual status 4.3 4.5 23.2 25.1 Receivables past due 90 days or more and still accruing — — — — Receivables subject to general reserves 2.4 3.1 — — Allowance for doubtful accounts (0.1 ) (0.1 ) — — Receivables subject to specific reserves 42.4 4.5 34.6 36.1 Allowance for doubtful accounts (2.4 ) (0.9 ) (11.3 ) (13.0 )
Schedule of allowance for doubtful accounts	Changes in the Company’s allowance for doubtful accounts by type of receivable were as follows (in millions): Three Months Ended March 31, 2017 Three Months Ended March 31, 2016 Finance Notes Trade and Other Total Finance Notes Trade and Other Total Allowance for doubtful accounts at beginning of period $ 2.1 $ 11.6 $ 6.5 $ 20.2 $ 0.1 $ 12.6 $ 6.1 $ 18.8 Provision for doubtful accounts, net of recoveries 0.4 (0.1 ) 0.1 0.4 0.3 0.1 2.3 2.7 Charge-off of accounts — (0.4 ) (0.8 ) (1.2 ) — — (0.1 ) (0.1 ) Foreign currency translation — 0.2 (0.1 ) 0.1 — 0.5 — 0.5 Allowance for doubtful accounts at end of period $ 2.5 $ 11.3 $ 5.7 $ 19.5 $ 0.4 $ 13.2 $ 8.3 $ 21.9 Six Months Ended March 31, 2017 Six Months Ended March 31, 2016 Finance Notes Trade and Other Total Finance Notes Trade and Other Total Allowance for doubtful accounts at beginning of period $ 1.0 $ 13.0 $ 7.2 $ 21.2 $ 0.1 $ 12.7 $ 7.5 $ 20.3 Provision for doubtful accounts, net of recoveries 1.5 (0.7 ) (0.4 ) 0.4 0.3 0.3 1.2 1.8 Charge-off of accounts — (0.5 ) (1.0 ) (1.5 ) — — (0.4 ) (0.4 ) Foreign currency translation — (0.5 ) (0.1 ) (0.6 ) — 0.2 — 0.2 Allowance for doubtful accounts at end of period $ 2.5 $ 11.3 $ 5.7 $ 19.5 $ 0.4 $ 13.2 $ 8.3 $ 21.9

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Mar. 31, 2017
Inventory Disclosure [Abstract]
Schedule of inventory	Inventories consisted of the following (in millions): March 31, September 30, 2017 2016 Raw materials $ 597.9 $ 481.2 Partially finished products 442.6 307.8 Finished products 503.6 286.9 Inventories at FIFO cost 1,544.1 1,075.9 Less: Progress/performance-based payments on U.S. government contracts (8.0 ) (17.8 ) Excess of FIFO cost over LIFO cost (81.0 ) (78.3 ) $ 1,455.1 $ 979.8

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment	Property, plant and equipment consisted of the following (in millions): March 31, September 30, 2017 2016 Land and land improvements $ 57.8 $ 56.8 Buildings 286.3 283.4 Machinery and equipment 605.7 597.3 Software and related costs 150.8 147.4 Equipment on operating lease to others 34.4 25.7 1,135.0 1,110.6 Less accumulated depreciation (689.3 ) (658.5 ) $ 445.7 $ 452.1

Goodwill and Purchased Intang34

Goodwill and Purchased Intangible Assets (Tables)	6 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in goodwill	The following table presents changes in goodwill during the six months ended March 31, 2017 (in millions): Access Equipment Fire & Emergency Commercial Total Net goodwill at September 30, 2016 $ 876.6 $ 106.1 $ 20.8 $ 1,003.5 Foreign currency translation (9.1 ) — — (9.1 ) Net goodwill at March 31, 2017 $ 867.5 $ 106.1 $ 20.8 $ 994.4
Schedule of company's goodwill allocated to the reportable segments	The following table presents details of the Company’s goodwill allocated to the reportable segments (in millions): March 31, 2017 September 30, 2016 Gross Accumulated Impairment Net Gross Accumulated Impairment Net Access equipment $ 1,799.6 $ (932.1 ) $ 867.5 $ 1,808.7 $ (932.1 ) $ 876.6 Fire & emergency 108.1 (2.0 ) 106.1 108.1 (2.0 ) 106.1 Commercial 196.7 (175.9 ) 20.8 196.7 (175.9 ) 20.8 $ 2,104.4 $ (1,110.0 ) $ 994.4 $ 2,113.5 $ (1,110.0 ) $ 1,003.5
Schedule of purchased intangible assets	Details of the Company’s total purchased intangible assets are as follows (in millions): March 31, 2017 Weighted- Average Life (in years) Gross Accumulated Amortization Net Amortizable intangible assets: Distribution network 39.1 $ 55.4 $ (28.7 ) $ 26.7 Technology-related 11.9 104.7 (95.7 ) 9.0 Customer relationships 12.8 546.6 (442.0 ) 104.6 Other 16.2 16.4 (14.7 ) 1.7 14.8 723.1 (581.1 ) 142.0 Non-amortizable trade names 387.7 — 387.7 $ 1,110.8 $ (581.1 ) $ 529.7 September 30, 2016 Weighted- Average Life (in years) Gross Accumulated Amortization Net Amortizable intangible assets: Distribution network 39.1 $ 55.4 $ (28.0 ) $ 27.4 Technology-related 11.9 104.7 (91.5 ) 13.2 Customer relationships 12.8 550.8 (427.4 ) 123.4 Other 16.3 16.5 (14.7 ) 1.8 14.5 727.4 (561.6 ) 165.8 Non-amortizable trade names 387.7 — 387.7 $ 1,115.1 $ (561.6 ) $ 553.5

Credit Agreements (Tables)

Credit Agreements (Tables)	6 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Schedule of debt instruments	The Company was obligated under the following debt instruments (in millions): March 31, 2017 Principal Debt Issuance Costs Debt, Net Senior Secured Term Loan $ 335.0 $ (1.1 ) $ 333.9 5.375% Senior Notes due March 2022 250.0 (3.9 ) 246.1 5.375% Senior Notes due March 2025 250.0 (2.9 ) 247.1 $ 835.0 $ (7.9 ) 827.1 Less current maturities (10.0 ) $ 817.1 Revolving Credit Facility $ — Current maturities of long-term debt 10.0 $ 10.0 September 30, 2016 Principal Debt Issuance Costs Debt, Net Senior Secured Term Loan $ 355.0 $ (1.4 ) $ 353.6 5.375% Senior Notes due March 2022 250.0 (4.3 ) 245.7 5.375% Senior Notes due March 2025 250.0 (3.1 ) 246.9 $ 855.0 $ (8.8 ) 846.2 Less current maturities (20.0 ) $ 826.2 Revolving Credit Facility $ — Current maturities of long-term debt 20.0 $ 20.0

Warranties (Tables)

Warranties (Tables)	6 Months Ended
	Mar. 31, 2017
Product Warranties Disclosures [Abstract]
Schedule of changes in warranty liability	Changes in the Company’s warranty liability and unearned extended warranty premiums were as follows (in millions): Six Months Ended 2017 2016 Balance at beginning of period $ 89.6 $ 92.1 Warranty provisions 24.7 19.8 Settlements made (25.7 ) (27.1 ) Changes in liability for pre-existing warranties, net (0.5 ) 1.4 Premiums received 5.4 7.4 Amortization of premiums received (5.8 ) (5.4 ) Foreign currency translation (0.7 ) 0.2 Balance at end of period $ 87.0 $ 88.4

Guarantee Arrangements (Tables)

Guarantee Arrangements (Tables)	6 Months Ended
	Mar. 31, 2017
Guarantees [Abstract]
Schedule of provision for losses on customer guarantees	Changes in the Company’s credit guarantee liability were as follows (in millions): Three Months Ended Six Months Ended 2017 2016 2017 2016 Balance at beginning of period $ 8.5 $ 5.8 $ 8.4 $ 5.6 Provision for new credit guarantees 0.9 1.5 1.5 2.3 Changes for pre-existing guarantees, net 0.4 0.3 0.5 0.6 Amortization of previous guarantees (0.8 ) (0.6 ) (1.3 ) (1.5 ) Foreign currency translation 0.1 — — — Balance at end of period $ 9.1 $ 7.0 $ 9.1 $ 7.0

Derivative Financial Instrume38

Derivative Financial Instruments and Hedging Activities (Tables)	6 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of fair values of all open derivative instruments	The fair values of all open derivative instruments were as follows (in millions): March 31, 2017 September 30, 2016 Other Current Assets Other Current Liabilities Other Current Assets Other Current Liabilities Not designated as hedging instruments: Foreign exchange contracts $ 0.5 $ 0.3 $ 0.1 $ 0.4 Interest rate contracts 0.5 1.2 — 0.4 $ 1.0 $ 1.5 $ 0.1 $ 0.8
Schedule of pre-tax effects of derivative instruments	The pre-tax effects of derivative instruments consisted of the following (in millions): Classification of Gains (Losses) Three Months Ended Six Months Ended 2017 2016 2017 2016 Cash flow hedges: Foreign exchange contracts Miscellaneous, net $ — $ (0.1 ) $ — $ (0.1 ) Foreign exchange contracts Cost of sales — — 0.1 — Not designated as hedging instruments: Foreign exchange contracts Miscellaneous, net (1.7 ) (4.5 ) 1.0 (5.8 ) Interest rate contracts Miscellaneous, net — (0.1 ) 0.4 (0.2 ) $ (1.7 ) $ (4.7 ) $ 1.5 $ (6.1 )

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	6 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Schedule of fair values of financial assets and liabilities	The fair values of the Company’s financial assets and liabilities were as follows (in millions): Level 1 Level 2 Level 3 Total March 31, 2017 Assets: SERP plan assets (a) $ 21.6 $ — $ — $ 21.6 Foreign currency exchange derivatives (b) — 0.5 — 0.5 Interest rate contracts (c) — 0.5 — 0.5 Liabilities: Foreign currency exchange derivatives (b) $ — $ 0.3 $ — $ 0.3 Interest rate contracts (c) — 1.2 — 1.2 September 30, 2016 Assets: SERP plan assets (a) $ 21.7 $ — $ — $ 21.7 Foreign currency exchange derivatives (b) — 0.1 — 0.1 Liabilities: Foreign currency exchange derivatives (b) $ — $ 0.4 $ — $ 0.4 Interest rate contracts (c) — 0.4 — 0.4 _________________________ (a) Represents investments in a rabbi trust for the Company's non-qualified supplemental executive retirement plan (SERP). The fair values of these investments are determined using a market approach. Investments include mutual funds for which quoted prices in active markets are available. The Company records changes in the fair value of investments in “Miscellaneous, net” in the Condensed Consolidated Statements of Income. (b) Based on observable market transactions of forward currency prices. (c) Based on observable market transactions of interest rate swap prices.

Restructuring and Other Charg40

Restructuring and Other Charges (Tables)	6 Months Ended
	Mar. 31, 2017
Restructuring and Related Activities [Abstract]
Restructuring and related costs	Pre-tax restructuring charges for the three months ended March 31, 2017 were as follows (in millions): Cost of Sales Access equipment $ 16.7 Pre-tax restructuring charges for the six months ended March 31, 2017 were as follows (in millions): Cost of Sales Selling, General and Administrative Expenses Total Access equipment $ 17.4 $ — $ 17.4 Commercial — 0.4 0.4 Total $ 17.4 $ 0.4 $ 17.8
Schedule of restructuring reserve by type of cost	Changes in the Company's restructuring reserves, included within "Other current liabilities" in the Condensed Consolidated Balance Sheets, were as follows (in millions): Employee Severance and Termination Benefits Property, Plant and Equipment Impairment Other Costs Total Balance at September 30, 2016 $ 0.9 $ — $ — $ 0.9 Restructuring provision 15.3 1.5 1.0 17.8 Utilized - cash (1.2 ) — (0.2 ) (1.4 ) Utilized - noncash — (1.5 ) — (1.5 ) Balance as of March 31, 2017 $ 15.0 $ — $ 0.8 $ 15.8

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Mar. 31, 2017
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
Schedule of net periodic benefit cost	Components of net periodic pension benefit cost were as follows (in millions): Three Months Ended Six Months Ended 2017 2016 2017 2016 Components of net periodic benefit cost Service cost $ 3.2 $ 2.8 $ 6.5 $ 5.7 Interest cost 4.4 4.5 8.8 9.1 Expected return on plan assets (4.6 ) (4.5 ) (9.1 ) (9.0 ) Amortization of prior service cost 0.5 0.5 0.9 0.9 Amortization of net actuarial loss 1.0 0.6 2.0 1.2 Net periodic benefit cost $ 4.5 $ 3.9 $ 9.1 $ 7.9 Components of net periodic other post-employment benefit cost were as follows (in millions): Three Months Ended Six Months Ended 2017 2016 2017 2016 Components of net periodic benefit cost Service cost $ 0.7 $ 0.4 $ 1.3 $ 0.7 Interest cost 0.4 0.4 0.8 0.8 Amortization of prior service cost (0.3 ) (0.3 ) (0.5 ) (0.5 ) Amortization of net actuarial loss (gain) — (0.1 ) 0.1 (0.1 ) Net periodic benefit cost $ 0.8 $ 0.4 $ 1.7 $ 0.9

Accumulated Other Comprehensi42

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Mar. 31, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of accumulated other comprehensive income (loss)	Changes in accumulated other comprehensive income (loss) by component were as follows (in millions): Three Months Ended March 31, 2017 Employee Pension and Postretirement Benefits, Net of Tax Cumulative Translation Adjustments Accumulated Other Comprehensive Income (Loss) Balance at beginning of period $ (73.1 ) $ (131.5 ) $ (204.6 ) Other comprehensive income (loss) before reclassifications — 10.7 10.7 Amounts reclassified from accumulated other comprehensive income 0.8 — 0.8 Net current period other comprehensive income (loss) 0.8 10.7 11.5 Balance at end of period $ (72.3 ) $ (120.8 ) $ (193.1 ) Three Months Ended March 31, 2016 Employee Pension and Postretirement Benefits, Net of Tax Cumulative Translation Adjustments Derivative Instruments Accumulated Other Comprehensive Income (Loss) Balance at beginning of period $ (45.9 ) $ (109.3 ) $ 0.3 $ (154.9 ) Other comprehensive income (loss) before reclassifications — 18.9 (0.2 ) 18.7 Amounts reclassified from accumulated other comprehensive income 0.4 — — 0.4 Net current period other comprehensive income (loss) 0.4 18.9 (0.2 ) 19.1 Balance at end of period $ (45.5 ) $ (90.4 ) $ 0.1 $ (135.8 ) Six Months Ended March 31, 2017 Employee Pension and Postretirement Benefits, Net of Tax Cumulative Translation Adjustments Accumulated Other Comprehensive Income (Loss) Balance at beginning of period $ (73.9 ) $ (101.1 ) $ (175.0 ) Other comprehensive income (loss) before reclassifications — (19.7 ) (19.7 ) Amounts reclassified from accumulated other comprehensive income 1.6 — 1.6 Net current period other comprehensive income (loss) 1.6 (19.7 ) (18.1 ) Balance at end of period $ (72.3 ) $ (120.8 ) $ (193.1 ) Six Months Ended March 31, 2016 Employee Pension and Postretirement Benefits, Net of Tax Cumulative Translation Adjustments Derivative Instruments Accumulated Other Comprehensive Income (Loss) Balance at beginning of period $ (46.4 ) $ (98.1 ) $ 0.1 $ (144.4 ) Other comprehensive income (loss) before reclassifications — 7.7 — 7.7 Amounts reclassified from accumulated other comprehensive income 0.9 — — 0.9 Net current period other comprehensive income (loss) 0.9 7.7 — 8.6 Balance at end of period $ (45.5 ) $ (90.4 ) $ 0.1 $ (135.8 )
Schedule of amounts recognized in other comprehensive income (loss)	Reclassifications out of accumulated other comprehensive income (loss) included in the computation of net periodic pension and postretirement benefit cost (refer to Note 15 of the Notes to Condensed Consolidated Financial Statements for additional details regarding employee benefit plans) were as follows (in millions): Three Months Ended Six Months Ended March 31, 2017 2016 2017 2016 Amortization of employee pension and postretirement benefits items Prior service costs $ (0.2 ) $ (0.2 ) $ (0.4 ) $ (0.4 ) Actuarial losses (1.0 ) (0.5 ) (2.1 ) (1.1 ) Total before tax (1.2 ) (0.7 ) (2.5 ) (1.5 ) Tax benefit 0.4 0.3 0.9 0.6 Net of tax $ (0.8 ) $ (0.4 ) $ (1.6 ) $ (0.9 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Schedule of earnings per share, basic and diluted	The calculation of basic and diluted earnings per common share was as follows (in millions, except number of share amounts): Three Months Ended Six Months Ended March 31, 2017 2016 2017 2016 Earnings available to common shareholders $ 44.3 $ 56.1 $ 63.5 $ 70.7 Basic Earnings Per Share: Weighted-average common shares outstanding 74,696,616 73,118,295 74,486,209 73,593,439 Diluted Earnings Per Share: Basic weighted-average common shares outstanding 74,696,616 73,118,295 74,486,209 73,593,439 Dilutive stock options and other equity-based compensation awards 1,086,846 743,045 1,095,693 766,421 Diluted weighted-average common shares outstanding 75,783,462 73,861,340 75,581,902 74,359,860
Schedule of antidilutive securities excluded from computation of earnings per share	Options not included in the computation of diluted earnings per share attributable to common shareholders because they would have been anti-dilutive were as follows: Three Months Ended Six Months Ended March 31, 2017 2016 2017 2016 Stock options 389,950 1,656,741 391,962 1,676,943

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Schedule of net sales by product lines and reportable segments	Selected financial information concerning the Company’s reportable segments and product lines is as follows (in millions): Three Months Ended March 31, 2017 2016 External Customers Inter- segment Net Sales External Customers Inter- segment Net Sales Access equipment Aerial work platforms $ 369.4 $ — $ 369.4 $ 375.1 $ — $ 375.1 Telehandlers 161.6 — 161.6 214.7 — 214.7 Other 192.2 — 192.2 164.5 — 164.5 Total access equipment 723.2 — 723.2 754.3 — 754.3 Defense 445.7 0.4 446.1 296.8 0.2 297.0 Fire & emergency 233.5 4.0 237.5 237.2 3.2 240.4 Commercial Concrete placement 112.7 — 112.7 111.3 — 111.3 Refuse collection 79.1 — 79.1 99.5 — 99.5 Other 22.3 1.9 24.2 25.2 0.7 25.9 Total commercial 214.1 1.9 216.0 236.0 0.7 236.7 Corporate and intersegment eliminations 1.8 (6.3 ) (4.5 ) — (4.1 ) (4.1 ) Consolidated $ 1,618.3 $ — $ 1,618.3 $ 1,524.3 $ — $ 1,524.3 Six Months Ended March 31, 2017 2016 External Customers Inter- segment Net Sales External Customers Inter- segment Net Sales Access equipment Aerial work platforms $ 603.1 $ — $ 603.1 $ 617.1 $ — $ 617.1 Telehandlers 254.9 — 254.9 326.5 — 326.5 Other 354.4 — 354.4 340.5 — 340.5 Total access equipment 1,212.4 — 1,212.4 1,284.1 — 1,284.1 Defense 739.9 0.7 740.6 613.7 1.3 615.0 Fire & emergency 462.6 7.4 470.0 442.6 5.3 447.9 Commercial Concrete placement 197.1 — 197.1 183.6 — 183.6 Refuse collection 171.3 — 171.3 198.5 — 198.5 Other 43.8 3.0 46.8 53.8 1.1 54.9 Total commercial 412.2 3.0 415.2 435.9 1.1 437.0 Corporate and intersegment eliminations 2.6 (11.1 ) (8.5 ) — (7.7 ) (7.7 ) Consolidated $ 2,829.7 $ — $ 2,829.7 $ 2,776.3 $ — $ 2,776.3
Schedule of income (loss) from continuing operations by product lines and reportable segments	Three Months Ended Six Months Ended March 31, 2017 2016 2017 2016 Operating income (loss): Access equipment $ 42.1 $ 75.7 $ 66.5 $ 96.1 Defense 48.7 27.8 72.5 51.0 Fire & emergency 21.8 14.9 38.8 25.0 Commercial 6.0 17.2 10.6 26.1 Corporate (38.2 ) (44.2 ) (71.8 ) (76.5 ) Intersegment eliminations — — — — Consolidated 80.4 91.4 116.6 121.7 Interest expense, net of interest income (14.1 ) (15.1 ) (28.0 ) (29.2 ) Miscellaneous other income (expense) 1.2 (1.0 ) 2.5 (1.0 ) Income before income taxes and equity in earnings of unconsolidated affiliates $ 67.5 $ 75.3 $ 91.1 $ 91.5
Schedule of identifiable assets by business segments and by geographical segments	March 31, September 30, 2017 2016 Identifiable assets: Access equipment: U.S. $ 1,993.8 $ 1,856.0 Europe 491.6 521.5 Rest of the World 218.6 193.7 Total access equipment 2,704.0 2,571.2 Defense: U.S. 708.4 522.2 Rest of the World 2.6 3.0 Total defense 711.0 525.2 Fire & emergency - U.S. 537.3 522.7 Commercial: U.S. 374.5 358.4 Rest of the World 32.3 33.4 Total commercial 406.8 391.8 Corporate: U.S. (a) 531.2 408.3 Rest of the world (b) 98.5 94.6 Total corporate 629.7 502.9 Consolidated $ 4,988.8 $ 4,513.8 _________________________ (a) Primarily includes cash and short-term investments. (b) Primarily includes a corporate-led manufacturing facility that supports multiple operating segments.
Schedule of net sales by geographical segments	The following table presents net sales by geographic region based on product shipment destination (in millions): Six Months Ended March 31, 2017 2016 Net sales: United States $ 2,237.5 $ 2,070.4 Other North America 82.7 116.3 Europe, Africa and Middle East 351.2 388.1 Rest of the World 158.3 201.5 Consolidated $ 2,829.7 $ 2,776.3

Separate Financial Informatio45

Separate Financial Information of Subsidiary Guarantors of Indebtedness (Tables)	6 Months Ended
	Mar. 31, 2017
Separate Financial Information of Subsidiary Guarantors of Indebtedness Disclosure Abstract
Schedule of condensed consolidating statements of income and comprehensive income	Condensed Consolidating Statement of Income and Comprehensive Income For the Three Months Ended March 31, 2017 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net sales $ — $ 1,378.1 $ 285.1 $ (44.9 ) $ 1,618.3 Cost of sales (0.2 ) 1,132.9 268.9 (44.6 ) 1,357.0 Gross income 0.2 245.2 16.2 (0.3 ) 261.3 Selling, general and administrative expenses 35.6 103.9 30.3 — 169.8 Amortization of purchased intangibles — 9.6 1.5 — 11.1 Operating income (loss) (35.4 ) 131.7 (15.6 ) (0.3 ) 80.4 Interest expense (13.6 ) (13.7 ) (0.5 ) 12.7 (15.1 ) Interest income 0.6 4.2 8.9 (12.7 ) 1.0 Miscellaneous, net 24.3 (54.7 ) 31.6 — 1.2 Income (loss) before income taxes (24.1 ) 67.5 24.4 (0.3 ) 67.5 Provision for (benefit from) income taxes (9.3 ) 22.4 10.6 (0.1 ) 23.6 Income (loss) before equity in earnings of affiliates (14.8 ) 45.1 13.8 (0.2 ) 43.9 Equity in earnings of consolidated subsidiaries 59.1 7.9 8.0 (75.0 ) — Equity in earnings of unconsolidated affiliates — — 0.4 — 0.4 Net income 44.3 53.0 22.2 (75.2 ) 44.3 Other comprehensive income (loss), net of tax 11.5 1.5 9.4 (10.9 ) 11.5 Comprehensive income $ 55.8 $ 54.5 $ 31.6 $ (86.1 ) $ 55.8 Condensed Consolidating Statement of Income and Comprehensive Income For the Three Months Ended March 31, 2016 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net sales $ — $ 1,284.0 $ 269.4 $ (29.1 ) $ 1,524.3 Cost of sales 0.4 1,071.0 222.8 (29.2 ) 1,265.0 Gross income (loss) (0.4 ) 213.0 46.6 0.1 259.3 Selling, general and administrative expenses 35.0 96.9 22.8 — 154.7 Amortization of purchased intangibles — 9.7 3.5 — 13.2 Operating income (loss) (35.4 ) 106.4 20.3 0.1 91.4 Interest expense (70.4 ) (16.2 ) (0.4 ) 71.4 (15.6 ) Interest income 0.4 23.1 48.4 (71.4 ) 0.5 Miscellaneous, net 13.6 (50.5 ) 35.9 — (1.0 ) Income (loss) before income taxes (91.8 ) 62.8 104.2 0.1 75.3 Provision for (benefit from) income taxes (34.1 ) 18.8 35.6 — 20.3 Income (loss) before equity in earnings of affiliates (57.7 ) 44.0 68.6 0.1 55.0 Equity in earnings of consolidated subsidiaries 113.8 36.0 19.6 (169.4 ) — Equity in earnings of unconsolidated affiliates — — 1.1 — 1.1 Net income 56.1 80.0 89.3 (169.3 ) 56.1 Other comprehensive income (loss), net of tax 19.1 0.7 18.0 (18.7 ) 19.1 Comprehensive income $ 75.2 $ 80.7 $ 107.3 $ (188.0 ) $ 75.2 Condensed Consolidating Statement of Income and Comprehensive Income For the Six Months Ended March 31, 2017 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net sales $ — $ 2,427.9 $ 488.0 $ (86.2 ) $ 2,829.7 Cost of sales (1.0 ) 2,007.4 448.4 (86.1 ) 2,368.7 Gross income 1.0 420.5 39.6 (0.1 ) 461.0 Selling, general and administrative expenses 67.2 195.4 58.2 — 320.8 Amortization of purchased intangibles — 19.2 4.4 — 23.6 Operating income (loss) (66.2 ) 205.9 (23.0 ) (0.1 ) 116.6 Interest expense (27.2 ) (27.3 ) (1.0 ) 25.7 (29.8 ) Interest income 1.3 8.3 17.9 (25.7 ) 1.8 Miscellaneous, net 46.8 (106.9 ) 62.6 — 2.5 Income (loss) before income taxes (45.3 ) 80.0 56.5 (0.1 ) 91.1 Provision for (benefit from) income taxes (14.4 ) 25.4 17.8 — 28.8 Income (loss) before equity in earnings of affiliates (30.9 ) 54.6 38.7 (0.1 ) 62.3 Equity in earnings of consolidated subsidiaries 94.4 23.6 (2.7 ) (115.3 ) — Equity in earnings of unconsolidated affiliates — — 1.2 — 1.2 Net income 63.5 78.2 37.2 (115.4 ) 63.5 Other comprehensive income (loss), net of tax (18.1 ) 0.6 (19.8 ) 19.2 (18.1 ) Comprehensive income $ 45.4 $ 78.8 $ 17.4 $ (96.2 ) $ 45.4 Condensed Consolidating Statement of Income and Comprehensive Income For the Six Months Ended March 31, 2016 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net sales $ — $ 2,340.8 $ 489.8 $ (54.3 ) $ 2,776.3 Cost of sales 0.7 1,970.0 417.9 (54.4 ) 2,334.2 Gross income (loss) (0.7 ) 370.8 71.9 0.1 442.1 Selling, general and administrative expenses 58.6 186.2 49.2 — 294.0 Amortization of purchased intangibles — 19.5 6.9 — 26.4 Operating income (loss) (59.3 ) 165.1 15.8 0.1 121.7 Interest expense (130.0 ) (30.9 ) (1.1 ) 131.8 (30.2 ) Interest income 0.9 39.3 92.6 (131.8 ) 1.0 Miscellaneous, net 28.5 (91.9 ) 62.4 — (1.0 ) Income (loss) before income taxes (159.9 ) 81.6 169.7 0.1 91.5 Provision for (benefit from) income taxes (39.9 ) 20.4 41.5 — 22.0 Income (loss) before equity in earnings of affiliates (120.0 ) 61.2 128.2 0.1 69.5 Equity in earnings of consolidated subsidiaries 191.0 54.1 13.2 (258.3 ) — Equity in earnings of unconsolidated affiliates (0.3 ) — 1.5 — 1.2 Net income 70.7 115.3 142.9 (258.2 ) 70.7 Other comprehensive income (loss), net of tax 8.6 (2.2 ) 9.9 (7.7 ) 8.6 Comprehensive income $ 79.3 $ 113.1 $ 152.8 $ (265.9 ) $ 79.3
Condensed consolidating balance sheet	Condensed Consolidating Balance Sheet As of March 31, 2017 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Assets Current assets: Cash and cash equivalents $ 373.5 $ 2.7 $ 37.2 $ — $ 413.4 Receivables, net 30.2 725.8 233.2 (44.1 ) 945.1 Inventories, net — 1,002.9 452.2 — 1,455.1 Other current assets 31.5 50.3 8.3 — 90.1 Total current assets 435.2 1,781.7 730.9 (44.1 ) 2,903.7 Investment in and advances to consolidated subsidiaries 2,816.1 1,282.4 (104.8 ) (3,993.7 ) — Intercompany receivables 48.0 343.2 1,808.0 (2,199.2 ) — Intangible assets, net — 928.2 595.9 — 1,524.1 Other long-term assets 82.6 227.8 250.6 — 561.0 Total assets $ 3,381.9 $ 4,563.3 $ 3,280.6 $ (6,237.0 ) $ 4,988.8 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 15.8 $ 571.9 $ 150.8 $ (43.9 ) $ 694.6 Customer advances — 668.0 4.0 — 672.0 Other current liabilities 80.2 247.6 99.1 (0.2 ) 426.7 Total current liabilities 96.0 1,487.5 253.9 (44.1 ) 1,793.3 Long-term debt, less current maturities 817.1 — — — 817.1 Intercompany payables 364.2 1,787.0 48.0 (2,199.2 ) — Other long-term liabilities 71.3 148.8 125.0 — 345.1 Total shareholders' equity 2,033.3 1,140.0 2,853.7 (3,993.7 ) 2,033.3 Total liabilities and shareholders' equity $ 3,381.9 $ 4,563.3 $ 3,280.6 $ (6,237.0 ) $ 4,988.8 Condensed Consolidating Balance Sheet As of September 30, 2016 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Assets Current assets: Cash and cash equivalents $ 285.4 $ 1.7 $ 34.8 $ — $ 321.9 Receivables, net 13.0 734.3 319.6 (45.0 ) 1,021.9 Inventories, net — 679.1 300.7 — 979.8 Other current assets 28.0 58.5 7.4 — 93.9 Total current assets 326.4 1,473.6 662.5 (45.0 ) 2,417.5 Investment in and advances to consolidated subsidiaries 6,148.2 1,253.6 (120.0 ) (7,281.8 ) — Intercompany receivables 48.0 1,353.7 4,632.2 (6,033.9 ) — Intangible assets, net — 947.5 609.5 — 1,557.0 Other long-term assets 87.3 232.7 219.3 — 539.3 Total assets $ 6,609.9 $ 5,261.1 $ 6,003.5 $ (13,360.7 ) $ 4,513.8 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 13.3 $ 375.0 $ 122.6 $ (44.8 ) $ 466.1 Customer advances — 465.8 6.0 — 471.8 Other current liabilities 85.5 246.5 97.9 (0.2 ) 429.7 Total current liabilities 98.8 1,087.3 226.5 (45.0 ) 1,367.6 Long-term debt, less current maturities 826.2 — — — 826.2 Intercompany payables 3,639.4 2,346.5 48.0 (6,033.9 ) — Other long-term liabilities 69.0 147.9 126.6 — 343.5 Total shareholders' equity 1,976.5 1,679.4 5,602.4 (7,281.8 ) 1,976.5 Total liabilities and shareholders' equity $ 6,609.9 $ 5,261.1 $ 6,003.5 $ (13,360.7 ) $ 4,513.8
Condensed consolidating statement of cash flows	Condensed Consolidating Statement of Cash Flows For the Six Months Ended March 31, 2017 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net cash provided (used) by operating activities $ (20.4 ) $ 193.2 $ (24.7 ) $ — $ 148.1 Investing activities: Additions to property, plant and equipment (1.6 ) (19.6 ) (6.8 ) — (28.0 ) Additions to equipment held for rental — — (24.6 ) — (24.6 ) Proceeds from sale of equipment held for rental — — 19.8 — 19.8 Intercompany investing — 387.0 — (387.0 ) — Other investing activities (0.8 ) (0.1 ) — — (0.9 ) Net cash provided (used) by investing activities (2.4 ) 367.3 (11.6 ) (387.0 ) (33.7 ) Financing activities: Repayments of debt (original maturities greater than three months) (20.0 ) — — — (20.0 ) Repurchases of Common Stock (3.0 ) — — — (3.0 ) Dividends paid (31.3 ) — — — (31.3 ) Proceeds from exercise of stock options 33.2 — — — 33.2 Intercompany financing 132.0 (559.5 ) 40.5 387.0 — Net cash provided (used) by financing activities 110.9 (559.5 ) 40.5 387.0 (21.1 ) Effect of exchange rate changes on cash — — (1.8 ) — (1.8 ) Increase in cash and cash equivalents 88.1 1.0 2.4 — 91.5 Cash and cash equivalents at beginning of period 285.4 1.7 34.8 — 321.9 Cash and cash equivalents at end of period $ 373.5 $ 2.7 $ 37.2 $ — $ 413.4 Condensed Consolidating Statement of Cash Flows For the Six Months Ended March 31, 2016 Oshkosh Corporation Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total Net cash provided (used) by operating activities $ (124.3 ) $ 99.3 $ 121.0 $ — $ 96.0 Investing activities: Additions to property, plant and equipment (12.7 ) (12.3 ) (15.3 ) — (40.3 ) Additions to equipment held for rental — — (22.7 ) — (22.7 ) Proceeds from sale of equipment held for rental — 0.6 25.5 — 26.1 Intercompany investing (0.7 ) (76.4 ) (108.4 ) 185.5 — Other investing activities (1.0 ) — — — (1.0 ) Net cash used by investing activities (14.4 ) (88.1 ) (120.9 ) 185.5 (37.9 ) Financing activities: Proceeds from issuance of debt (original maturities greater than three months) 270.0 — 3.5 — 273.5 Repayments of debt (original maturities greater than three months) (190.0 ) — — — (190.0 ) Net decrease in short-term debt (21.3 ) — — — (21.3 ) Repurchases of Common Stock (101.6 ) — — — (101.6 ) Dividends paid (28.0 ) — — — (28.0 ) Proceeds from exercise of stock options 1.9 — — — 1.9 Excess tax benefit from stock-based compensation 0.9 — — — 0.9 Intercompany financing 197.8 (13.0 ) 0.7 (185.5 ) — Net cash provided (used) by financing activities 129.7 (13.0 ) 4.2 (185.5 ) (64.6 ) Effect of exchange rate changes on cash — 0.3 1.7 — 2.0 Increase (decrease) in cash and cash equivalents (9.0 ) (1.5 ) 6.0 — (4.5 ) Cash and cash equivalents at beginning of period 14.8 6.3 21.8 — 42.9 Cash and cash equivalents at end of period $ 5.8 $ 4.8 $ 27.8 $ — $ 38.4

Receivables (Details)

Receivables (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015
U.S. government:
Amounts billed	$ 59.9		$ 49
Costs and profits not billed	85.1		55.3
Contract receivables	145		104.3
Other trade receivables	754.9		881.8
Finance receivables	44.8		7.6
Notes receivable	34.6		36.1
Other receivables	39.9		38.6
Receivables, gross	1,019.2		1,068.4
Less allowance for doubtful accounts	(19.5)	$ (20.2)	(21.2)	$ (21.9)	$ (18.8)	$ (20.3)
Receivables, net	999.7		1,047.2
Classification of receivables
Current receivables	945.1		1,021.9
Long-term receivables (included in “Other long-term assets”)	$ 54.6		$ 25.3

Receivables (Details 2)

Receivables (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Sep. 30, 2016
Change in allowance for doubtful accounts
Allowance for doubtful accounts at beginning of period	$ 20.2	$ 18.8	$ 21.2	$ 20.3
Provision for doubtful accounts, net of recoveries	0.4	2.7	0.4	1.8
Charge-off of accounts	(1.2)	(0.1)	(1.5)	(0.4)
Foreign currency translation	0.1	0.5	(0.6)	0.2
Allowance for doubtful accounts at end of period	19.5	21.9	19.5	21.9
Finance Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables on nonaccrual status	4.3		4.3		$ 4.5
Receivables past due 90 days or more and still accruing	0		0		0
Receivables subject to general reserves	2.4		2.4		3.1
Allowance for doubtful accounts	(0.1)		(0.1)		(0.1)
Receivables subject to specific reserves	42.4		42.4		4.5
Allowance for doubtful accounts	(2.4)		(2.4)		(0.9)
Change in allowance for doubtful accounts
Allowance for doubtful accounts at beginning of period	2.1	0.1	1	0.1
Provision for doubtful accounts, net of recoveries	0.4	0.3	1.5	0.3
Charge-off of accounts	0	0	0	0
Foreign currency translation	0	0	0	0
Allowance for doubtful accounts at end of period	2.5	0.4	2.5	0.4
Finance Receivable | Greater than 30 days and less than 60 days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aging of receivables that are past due:	0		0		0
Finance Receivable | Greater than 60 days and less than 90 days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aging of receivables that are past due:	0		0		0
Finance Receivable | Greater than 90 days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aging of receivables that are past due:	2.4		2.4		2.9
Notes Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables on nonaccrual status	23.2		23.2		25.1
Receivables past due 90 days or more and still accruing	0		0		0
Receivables subject to general reserves	0		0		0
Allowance for doubtful accounts	0		0		0
Receivables subject to specific reserves	34.6		34.6		36.1
Allowance for doubtful accounts	(11.3)		(11.3)		(13)
Change in allowance for doubtful accounts
Allowance for doubtful accounts at beginning of period	11.6	12.6	13	12.7
Provision for doubtful accounts, net of recoveries	(0.1)	0.1	(0.7)	0.3
Charge-off of accounts	(0.4)	0	(0.5)	0
Foreign currency translation	0.2	0.5	(0.5)	0.2
Allowance for doubtful accounts at end of period	11.3	13.2	11.3	13.2
Notes Receivable | Greater than 30 days and less than 60 days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aging of receivables that are past due:	0		0		0
Notes Receivable | Greater than 60 days and less than 90 days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aging of receivables that are past due:	0		0		0
Notes Receivable | Greater than 90 days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aging of receivables that are past due:	0.2		0.2		$ 0
Trade and Other Receivable
Change in allowance for doubtful accounts
Allowance for doubtful accounts at beginning of period	6.5	6.1	7.2	7.5
Provision for doubtful accounts, net of recoveries	0.1	2.3	(0.4)	1.2
Charge-off of accounts	(0.8)	(0.1)	(1)	(0.4)
Foreign currency translation	(0.1)	0	(0.1)	0
Allowance for doubtful accounts at end of period	$ 5.7	$ 8.3	$ 5.7	$ 8.3

Receivables (Details 3)

Receivables (Details 3) $ in Millions	6 Months Ended
	Mar. 31, 2017USD ($)
Restructured finance receivables
Finance and notes receivables
Financing receivable, modifications, recorded investment	$ 3.4
Restructured notes receivables
Finance and notes receivables
Financing receivable, modifications, recorded investment	$ 11.3
Four Parties | Notes Receivable | Credit concentration
Finance and notes receivables
Receivables due from third parties (as a percent)	88.00%

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Mar. 31, 2017	Sep. 30, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 597.9	$ 481.2
Partially finished products	442.6	307.8
Finished products	503.6	286.9
Inventories at FIFO cost	1,544.1	1,075.9
Less: Progress/performance-based payments on U.S. government contracts	(8)	(17.8)
Excess of FIFO cost over LIFO cost	(81)	(78.3)
Inventory net	$ 1,455.1	$ 979.8

Property, Plant and Equipment50

Property, Plant and Equipment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Sep. 30, 2016
Property, plant and equipment
Property, plant and equipment, gross	$ 1,135		$ 1,135		$ 1,110.6
Less accumulated depreciation	(689.3)		(689.3)		(658.5)
Property, plant and equipment, net	445.7		445.7		452.1
Depreciation expenses	20.4	$ 18.7	39.3	$ 35.8
Land and land improvements
Property, plant and equipment
Property, plant and equipment, gross	57.8		57.8		56.8
Buildings
Property, plant and equipment
Property, plant and equipment, gross	286.3		286.3		283.4
Machinery and equipment
Property, plant and equipment
Property, plant and equipment, gross	605.7		605.7		597.3
Software and related costs
Property, plant and equipment
Property, plant and equipment, gross	150.8		150.8		147.4
Equipment on operating lease to others
Property, plant and equipment
Property, plant and equipment, gross	34.4		34.4		25.7
Equipment on operating lease, net	$ 26.8		$ 26.8		$ 18.6
Equipment on operating lease to others | Minimum
Property, plant and equipment
Estimated useful life (in years)			5 years
Equipment on operating lease to others | Maximum
Property, plant and equipment
Estimated useful life (in years)			10 years

Goodwill and Purchased Intang51

Goodwill and Purchased Intangible Assets (Details) $ in Millions	6 Months Ended
	Mar. 31, 2017USD ($)
Changes in goodwill
Net goodwill at the beginning of the period	$ 1,003.5
Foreign currency translation	(9.1)
Net goodwill at the end of the period	994.4
Access Equipment
Changes in goodwill
Net goodwill at the beginning of the period	876.6
Foreign currency translation	(9.1)
Net goodwill at the end of the period	867.5
Fire & Emergency
Changes in goodwill
Net goodwill at the beginning of the period	106.1
Foreign currency translation	0
Net goodwill at the end of the period	106.1
Commercial
Changes in goodwill
Net goodwill at the beginning of the period	20.8
Foreign currency translation	0
Net goodwill at the end of the period	$ 20.8

Goodwill and Purchased Intang52

Goodwill and Purchased Intangible Assets (Details 2) - USD ($) $ in Millions	Mar. 31, 2017	Sep. 30, 2016
Details of the Company's goodwill allocated to the reportable segments
Gross	$ 2,104.4	$ 2,113.5
Accumulated Impairment	(1,110)	(1,110)
Net	994.4	1,003.5
Access Equipment
Details of the Company's goodwill allocated to the reportable segments
Gross	1,799.6	1,808.7
Accumulated Impairment	(932.1)	(932.1)
Net	867.5	876.6
Fire & Emergency
Details of the Company's goodwill allocated to the reportable segments
Gross	108.1	108.1
Accumulated Impairment	(2)	(2)
Net	106.1	106.1
Commercial
Details of the Company's goodwill allocated to the reportable segments
Gross	196.7	196.7
Accumulated Impairment	(175.9)	(175.9)
Net	$ 20.8	$ 20.8

Goodwill and Purchased Intang53

Goodwill and Purchased Intangible Assets (Details 3) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Mar. 31, 2017	Sep. 30, 2016
Purchased intangible assets
Weighted- Average Life (in years)	14 years 9 months	14 years 6 months
Gross	$ 723.1	$ 727.4
Accumulated Amortization	(581.1)	(561.6)
Net	142	165.8
Non-amortizable trade names	387.7	387.7
Intangible assets excluding goodwill, gross	1,110.8	1,115.1
Purchased intangible assets, net	529.7	$ 553.5
Future amortization expense of purchased intangible assets for the five years succeeding fiscal year 2017
2017 (remaining six months)	22.2
2,018	38.3
2,019	36.9
2,020	11
2,021	5.3
2,022	$ 4.9
Distribution network
Purchased intangible assets
Weighted- Average Life (in years)	39 years 1 month	39 years 1 month
Gross	$ 55.4	$ 55.4
Accumulated Amortization	(28.7)	(28)
Net	$ 26.7	$ 27.4
Technology-related
Purchased intangible assets
Weighted- Average Life (in years)	11 years 11 months	11 years 11 months
Gross	$ 104.7	$ 104.7
Accumulated Amortization	(95.7)	(91.5)
Net	$ 9	$ 13.2
Customer relationships
Purchased intangible assets
Weighted- Average Life (in years)	12 years 10 months	12 years 10 months
Gross	$ 546.6	$ 550.8
Accumulated Amortization	(442)	(427.4)
Net	$ 104.6	$ 123.4
Other
Purchased intangible assets
Weighted- Average Life (in years)	16 years 2 months	16 years 4 months
Gross	$ 16.4	$ 16.5
Accumulated Amortization	(14.7)	(14.7)
Net	$ 1.7	$ 1.8

Credit Agreements (Details)

Credit Agreements (Details)	1 Months Ended		6 Months Ended
	Mar. 31, 2015USD ($)	Feb. 28, 2014USD ($)	Mar. 31, 2017USD ($)	Sep. 30, 2016USD ($)	Jan. 31, 2015USD ($)	Mar. 21, 2014USD ($)
Long term debt
Principal			$ 835,000,000	$ 855,000,000
Debt Issuance Costs			(7,900,000)	(8,800,000)
Debt, Net			827,100,000	846,200,000
Long term debt net of current maturities			817,100,000	826,200,000
Revolving Credit Facility			0	0
Current maturities of long-term debt			(10,000,000)	(20,000,000)
Revolving line of credit and current maturities of long-term debt			$ 10,000,000	20,000,000
Credit agreement
Long term debt
Interest spread in basis points (as a percent)			1.50%
Maximum leverage ratio			4.50
Minimum interest coverage ratio			2.50
Maximum senior secured leverage ratio			3
Debt instrument, covenant terms, senior secured leverage ratio without collateral			3.75
Dividend payment restriction under credit agreement
Percentage of consolidated net income of the Company and its subsidiaries accrued on a cumulative basis during the period beginning on January 1, 2010 and ending on the last day of the fiscal quarter			50.00%
Percentage of consolidated net deficit of the Company and its subsidiaries accrued on a cumulative basis during the period beginning on January 1, 2010 and ending on the last day of the fiscal quarter			100.00%
Percentage of aggregate net proceeds received by the Company subsequent to March 3, 2010 as a contribution to its common equity or from the issuance and sale of its Common Stock			100.00%
Credit agreement | Minimum
Long term debt
Revolving credit facility, unused commitment fee rate (as a percent)			0.225%
Credit agreement | Maximum
Long term debt
Revolving credit facility, unused commitment fee rate (as a percent)			0.35%
Senior Secured Term Loan
Long term debt
Principal			$ 335,000,000	355,000,000
Debt Issuance Costs			(1,100,000)	(1,400,000)
Debt, Net			333,900,000	$ 353,600,000		$ 400,000,000
Quarterly principal installment, at commencement			5,000,000
Payment due at maturity			$ 310,000,000
Weighted-average interest rate (as a percent)			2.29%
Revolving credit facility
Long term debt
Revolving Credit Facility			$ 0
Maximum borrowing capacity					$ 850,000,000	$ 600,000,000
Available borrowing capacity			$ 749,500,000
5.375% Senior Notes due March 2022
Long term debt
Debt instrument interest rate (as a percent)		5.375%	5.375%	5.375%
Principal			$ 250,000,000	$ 250,000,000
Debt Issuance Costs			(3,900,000)	(4,300,000)
Debt, Net			246,100,000	245,700,000
Dividend payment restriction under credit agreement
Debt issued		$ 250,000,000
Fair value of debt			$ 260,000,000	$ 262,000,000
5.375% Senior Notes due March 2025
Long term debt
Debt instrument interest rate (as a percent)	5.375%		5.375%	5.375%
Principal			$ 250,000,000	$ 250,000,000
Debt Issuance Costs			(2,900,000)	(3,100,000)
Debt, Net			247,100,000	246,900,000
Dividend payment restriction under credit agreement
Debt issued	$ 250,000,000
Fair value of debt			257,000,000	$ 263,000,000
Letter of credit
Long term debt
Letters of credit outstanding			$ 100,500,000
Letter of credit fees percentage on available borrowing capacity, low end of range (as a percent)			0.625%
Letter of credit fees percentage on available borrowing capacity, high end of range (as a percent)			2.00%
Credit agreement - dollar-denominated loans | Federal funds rate
Long term debt
Interest spread in basis points (as a percent)			0.50%
Credit agreement - dollar-denominated loans | LIBOR
Long term debt
Interest spread in basis points (as a percent)			1.00%

Warranties (Details)

Warranties (Details) - USD ($) $ in Millions	6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Product Warranty Liability [Line Items]
Extended product warranty accrual	$ 29.2	$ 29.5
Changes in warranty liability
Balance at beginning of period	89.6	92.1
Warranty provisions	24.7	19.8
Settlements made	(25.7)	(27.1)
Changes in liability for pre-existing warranties, net	(0.5)	1.4
Premiums received	5.4	7.4
Amortization of premiums received	(5.8)	(5.4)
Foreign currency translation	(0.7)	0.2
Balance at end of period	$ 87	$ 88.4
Minimum
Product Warranty Liability [Line Items]
Product warranty term	6 months
Maximum
Product Warranty Liability [Line Items]
Product warranty term	5 years

Guarantee Arrangements (Details

Guarantee Arrangements (Details) - Indirect guarantee of deferred payment and lease payment agreements member - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Guarantee Obligations
Guarantee obligations, maximum exposure	$ 583.5		$ 583.5
Aggregate amount of indebtedness which the Company is a party to through guarantee agreements	118.1		118.1
Changes in provision for loss on customer guarantees
Balance at beginning of period	8.5	$ 5.8	8.4	$ 5.6
Provision for new credit guarantees	0.9	1.5	1.5	2.3
Changes for pre-existing guarantees, net	0.4	0.3	0.5	0.6
Amortization of previous guarantees	(0.8)	(0.6)	(1.3)	(1.5)
Foreign currency translation	0.1	0	0	0
Balance at end of period	$ 9.1	$ 7	$ 9.1	$ 7

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($) $ in Millions	19 Months Ended
	Mar. 31, 2017	Aug. 31, 2015
Stockholders' Equity Note [Abstract]
Number of shares of common stock authorized for buyback (in shares)		10,000,000
Remaining number of shares authorized to be repurchased (in shares)	7,512,574	10,299,198
Treasury stock, shares, acquired (in shares)	2,786,624
Treasury stock cumulative value acquired cost method	$ 112

Derivative Financial Instrume58

Derivative Financial Instruments and Hedging Activities (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)
Foreign exchange contracts | Cash flow hedges
Open derivative instruments
Derivative, notional amount	$ 7.4
Effect on future cash flows, term	10 months
Foreign exchange contracts | Not designated as hedging instruments
Open derivative instruments
Derivative, notional amount	$ 106.4
Interest rate contracts | Not designated as hedging instruments
Open derivative instruments
Derivative, notional amount	$ 19.8

Derivative Financial Instrume59

Derivative Financial Instruments and Hedging Activities (Details 2) - USD ($) $ in Millions	Mar. 31, 2017	Sep. 30, 2016
Other Current Assets
Fair values of open derivative instruments
Fair value of derivative assets	$ 1	$ 0.1
Other Current Liabilities
Fair values of open derivative instruments
Fair value of derivative liabilities	1.5	0.8
Not designated as hedging instruments | Foreign exchange contracts | Other Current Assets
Fair values of open derivative instruments
Fair value of derivative assets	0.5	0.1
Not designated as hedging instruments | Foreign exchange contracts | Other Current Liabilities
Fair values of open derivative instruments
Fair value of derivative liabilities	0.3	0.4
Not designated as hedging instruments | Interest rate contracts | Other Current Assets
Fair values of open derivative instruments
Fair value of derivative assets	0.5	0
Not designated as hedging instruments | Interest rate contracts | Other Current Liabilities
Fair values of open derivative instruments
Fair value of derivative liabilities	$ 1.2	$ 0.4

Derivative Financial Instrume60

Derivative Financial Instruments and Hedging Activities (Details 3) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Pre-tax gains (losses) on derivative instruments
Derivative gains (losses)	$ (1.7)	$ (4.7)	$ 1.5	$ (6.1)
Cash flow hedges | Foreign exchange contracts | Miscellaneous, net
Pre-tax gains (losses) on derivative instruments
Derivative gains (losses)	0	(0.1)	0	(0.1)
Cash flow hedges | Foreign exchange contracts | Cost of Sales
Pre-tax gains (losses) on derivative instruments
Derivative gains (losses)	0	0	0.1	0
Not designated as hedging instruments | Foreign exchange contracts | Miscellaneous, net
Pre-tax gains (losses) on derivative instruments
Not designated as hedging instruments, gains (losses)	(1.7)	(4.5)	1	(5.8)
Not designated as hedging instruments | Interest rate contracts | Miscellaneous, net
Pre-tax gains (losses) on derivative instruments
Not designated as hedging instruments, gains (losses)	$ 0	$ (0.1)	$ 0.4	$ (0.2)

Fair Value Measurement (Details

Fair Value Measurement (Details) - Fair value measured on recurring basis - USD ($) $ in Millions		Mar. 31, 2017	Sep. 30, 2016
Assets:
SERP plan assets	[1]	$ 21.6	$ 21.7
Foreign currency exchange derivatives	[2]	0.5	0.1
Interest rate contracts	[3]	0.5
Liabilities:
Foreign currency exchange derivatives	[2]	0.3	0.4
Interest rate contracts	[3]	1.2	0.4
Level 1
Assets:
SERP plan assets	[1]	21.6	21.7
Foreign currency exchange derivatives	[2]	0	0
Interest rate contracts	[3]	0
Liabilities:
Foreign currency exchange derivatives	[2]	0	0
Interest rate contracts	[3]	0	0
Level 2
Assets:
SERP plan assets	[1]	0	0
Foreign currency exchange derivatives	[2]	0.5	0.1
Interest rate contracts	[3]	0.5
Liabilities:
Foreign currency exchange derivatives	[2]	0.3	0.4
Interest rate contracts	[3]	1.2	0.4
Level 3
Assets:
SERP plan assets	[1]	0	0
Foreign currency exchange derivatives	[2]	0	0
Interest rate contracts	[3]	0
Liabilities:
Foreign currency exchange derivatives	[2]	0	0
Interest rate contracts	[3]	$ 0	$ 0
[1]	Represents investments in a rabbi trust for the Company's non-qualified supplemental executive retirement plan (SERP). The fair values of these investments are determined using a market approach. Investments include mutual funds for which quoted prices in active markets are available. The Company records changes in the fair value of investments in “Miscellaneous, net” in the Condensed Consolidated Statements of Income.
[2]	Based on observable market transactions of forward currency prices.
[3]	Based on observable market transactions of interest rate swap prices.

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award
Stock-based compensation expense	$ 6.5	$ 6.5	$ 14.4	$ 12.5
Stock-based compensation expense, net of tax	$ 4.1	$ 4.1	$ 9.1	$ 7.9
2017 Stock Plan | Stock options
Share-based Compensation Arrangement by Share-based Payment Award
Common stock reserved for issuance stock awards (in shares)	9,180,842		9,180,842

Restructuring and Other Charg63

Restructuring and Other Charges (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2017	Mar. 31, 2017	Sep. 30, 2017	Jan. 26, 2017	Sep. 21, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring charges		$ 17.8
Selling, General and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0.4
Cost of Sales
Restructuring Cost and Reserve [Line Items]
Restructuring charges		17.4
Employee Severance and Termination Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring charges		15.3
Operating Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges		1
Access Equipment
Restructuring Cost and Reserve [Line Items]
Restructuring charges		17.4
Access Equipment | Selling, General and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0
Access Equipment | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 16.7	17.4
Commercial
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0.4
Commercial | Selling, General and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0.4
Commercial | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0
Access Equipment Restructuring Plan 1 | Access Equipment | Employee Severance and Termination Benefits
Restructuring Cost and Reserve [Line Items]
Expected restructuring charges					$ 3
Restructuring charges	0.4	1.1
Access Equipment Restructuring Plan 2 | Access Equipment
Restructuring Cost and Reserve [Line Items]
Restructuring charges	16.3	16.3
Access Equipment Restructuring Plan 2 | Access Equipment | Operating Costs
Restructuring Cost and Reserve [Line Items]
Expected restructuring charges				$ 11
Restructuring charges	$ 0.9	$ 0.9
Access Equipment Restructuring Plan 2 | Minimum | Access Equipment | Facility closing
Restructuring Cost and Reserve [Line Items]
Expected restructuring charges				45
Access Equipment Restructuring Plan 2 | Maximum | Access Equipment | Facility closing
Restructuring Cost and Reserve [Line Items]
Expected restructuring charges				$ 50
Access Equipment Restructuring Plan 2 | Scenario, forecast | Access Equipment | Facility closing
Restructuring Cost and Reserve [Line Items]
Expected restructuring charges			$ 43

Restructuring and Other Charg64

Restructuring and Other Charges (Details 2) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2017	Mar. 31, 2017
Restructuring Reserve [Roll Forward]
Beginning Balance		$ 0.9
Restructuring provision		17.8
Utilized - cash		(1.4)
Utilized - noncash		(1.5)
Ending Balance	$ 15.8	15.8
Employee Severance and Termination Benefits
Restructuring Reserve [Roll Forward]
Beginning Balance		0.9
Restructuring provision		15.3
Utilized - cash		(1.2)
Utilized - noncash		0
Ending Balance	15	15
Property, Plant and Equipment Impairment
Restructuring Reserve [Roll Forward]
Beginning Balance		0
Restructuring provision		1.5
Utilized - cash		0
Utilized - noncash		(1.5)
Ending Balance	0	0
Other Costs
Restructuring Reserve [Roll Forward]
Beginning Balance		0
Restructuring provision		1
Utilized - cash		(0.2)
Utilized - noncash		0
Ending Balance	0.8	0.8
Access Equipment
Restructuring Reserve [Roll Forward]
Restructuring provision		17.4
Commercial
Restructuring Reserve [Roll Forward]
Restructuring provision		0.4
Cost of Sales
Restructuring Reserve [Roll Forward]
Restructuring provision		17.4
Cost of Sales | Access Equipment
Restructuring Reserve [Roll Forward]
Restructuring provision	$ 16.7	17.4
Cost of Sales | Commercial
Restructuring Reserve [Roll Forward]
Restructuring provision		0
Selling, General and Administrative Expenses
Restructuring Reserve [Roll Forward]
Restructuring provision		0.4
Selling, General and Administrative Expenses | Access Equipment
Restructuring Reserve [Roll Forward]
Restructuring provision		0
Selling, General and Administrative Expenses | Commercial
Restructuring Reserve [Roll Forward]
Restructuring provision		$ 0.4

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Pension benefit
Components of net periodic benefit cost
Service cost	$ 3.2	$ 2.8	$ 6.5	$ 5.7
Interest cost	4.4	4.5	8.8	9.1
Expected return on plan assets	(4.6)	(4.5)	(9.1)	(9)
Amortization of prior service cost	0.5	0.5	0.9	0.9
Amortization of net actuarial loss (gain)	1	0.6	2	1.2
Net periodic benefit cost	4.5	3.9	9.1	7.9
Other post-employment benefit
Components of net periodic benefit cost
Service cost	0.7	0.4	1.3	0.7
Interest cost	0.4	0.4	0.8	0.8
Amortization of prior service cost	(0.3)	(0.3)	(0.5)	(0.5)
Amortization of net actuarial loss (gain)	0	(0.1)	0.1	(0.1)
Net periodic benefit cost	$ 0.8	$ 0.4	1.7	0.9
Company contributions to fund benefit payments			0.9	$ 1
Defined benefit pension plans estimated future employer contributions in fiscal year			$ 0.9

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income tax expense	$ 23.6	$ 20.3	$ 28.8	$ 22
Effective income tax rate (as a percent)	35.00%	27.00%	31.60%	24.10%
Income tax expense (benefit), tax credit, discrete items	$ (1.5)	$ (4.4)	$ (4.9)	$ (8)
Tax benefits related to employee share-based payments	1.8		2
Benefit related to provision to return adjustments		3.5		3.5
Benefit related to reduction in reserves for uncertain tax benefits		$ 0.8		2
Effective income tax rate reconciliation, release of valuation allowances on deferred tax assets			2.9
Effective income tax rate reconciliation, tax credit, research, amount				2.4
Gross unrecognized tax benefits, excluding income tax penalties and interest	39.8		39.8		$ 37.4
Net unrecognized tax benefits, excluding interest and penalties that would affect the Company's net income if recognized	26.2		26.2
Interest and penalties benefit (cost)			(0.9)	$ 1.4
Accruals for payment of interest and penalties	11.3		11.3
Estimated reduction in unrecognized tax benefits due to tax audit resolutions during the next twelve months	$ 1.8		$ 1.8

Accumulated Other Comprehensi67

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period			$ 1,976.5
Total other comprehensive income (loss), net of tax	$ 11.5	$ 19.1	(18.1)	$ 8.6
Balance at end of period	2,033.3		2,033.3
Employee Pension and Postretirement Benefits, Net of Tax
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(73.1)	(45.9)	(73.9)	(46.4)
Other comprehensive income (loss) before reclassifications	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	0.8	0.4	1.6	0.9
Total other comprehensive income (loss), net of tax	0.8	0.4	1.6	0.9
Balance at end of period	(72.3)	(45.5)	(72.3)	(45.5)
Cumulative Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(131.5)	(109.3)	(101.1)	(98.1)
Other comprehensive income (loss) before reclassifications	10.7	18.9	(19.7)	7.7
Amounts reclassified from accumulated other comprehensive income	0	0	0	0
Total other comprehensive income (loss), net of tax	10.7	18.9	(19.7)	7.7
Balance at end of period	(120.8)	(90.4)	(120.8)	(90.4)
Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period		0.3		0.1
Other comprehensive income (loss) before reclassifications		(0.2)		0
Amounts reclassified from accumulated other comprehensive income		0		0
Total other comprehensive income (loss), net of tax		(0.2)		0
Balance at end of period		0.1		0.1
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(204.6)	(154.9)	(175)	(144.4)
Other comprehensive income (loss) before reclassifications	10.7	18.7	(19.7)	7.7
Amounts reclassified from accumulated other comprehensive income	0.8	0.4	1.6	0.9
Total other comprehensive income (loss), net of tax	11.5	19.1	(18.1)	8.6
Balance at end of period	$ (193.1)	$ (135.8)	$ (193.1)	$ (135.8)

Accumulated Other Comprehensi68

Accumulated Other Comprehensive Income (Loss) (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Employee Pension and Postretirement Benefits, Net of Tax
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	$ (1.2)	$ (0.7)	$ (2.5)	$ (1.5)
Tax benefit	0.4	0.3	0.9	0.6
Net of tax	(0.8)	(0.4)	(1.6)	(0.9)
Prior service costs
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	(0.2)	(0.2)	(0.4)	(0.4)
Actuarial losses
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	$ (1)	$ (0.5)	$ (2.1)	$ (1.1)

Earnings Per Share (Detail 1)

Earnings Per Share (Detail 1) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings available to common shareholders	$ 44.3	$ 56.1	$ 63.5	$ 70.7
Basic Earnings Per Share:
Weighted-average common shares outstanding (in shares)	74,696,616	73,118,295	74,486,209	73,593,439
Diluted Earnings Per Share:
Basic weighted-average common shares outstanding (in shares)	74,696,616	73,118,295	74,486,209	73,593,439
Dilutive stock options and other equity-based compensation awards (in shares)	1,086,846	743,045	1,095,693	766,421
Diluted weighted-average common shares outstanding (in shares)	75,783,462	73,861,340	75,581,902	74,359,860

Earnings Per Share (Details 2)

Earnings Per Share (Details 2) - shares	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Stock options (in shares)	389,950	1,656,741	391,962	1,676,943

Contingencies, Significant Es71

Contingencies, Significant Estimates and Concentrations (Details) - USD ($)	6 Months Ended
	Mar. 31, 2017	Sep. 30, 2016
Personal injury actions and other
Loss contingencies
Maximum self-insurance available per claim	$ 5,000,000
Reserve for loss contingencies	36,800,000	$ 38,300,000
Performance and specialty bonds
Loss contingencies
Commitments and contingencies	608,800,000	503,600,000
Standby letters of credit
Loss contingencies
Commitments and contingencies	$ 100,500,000	$ 110,800,000

Business Segment Information (D

Business Segment Information (Details)	6 Months Ended
	Mar. 31, 2017segment
Segment Reporting [Abstract]
Number of reportable segments of entity (in segments)	4

Business Segment Information 73

Business Segment Information (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Net sales:
Net sales	$ 1,618.3	$ 1,524.3	$ 2,829.7	$ 2,776.3
Operating income (loss) from continuing operations:
Operating income (loss):	80.4	91.4	116.6	121.7
Interest expense, net of interest income	(14.1)	(15.1)	(28)	(29.2)
Miscellaneous other income (expense)	1.2	(1)	2.5	(1)
Income before income taxes and equity in earnings of unconsolidated affiliates	67.5	75.3	91.1	91.5
Access Equipment
Net sales:
Net sales	723.2	754.3	1,212.4	1,284.1
Operating income (loss) from continuing operations:
Operating income (loss):	42.1	75.7	66.5	96.1
Access Equipment | Aerial work platforms
Net sales:
Net sales	369.4	375.1	603.1	617.1
Access Equipment | Telehandlers
Net sales:
Net sales	161.6	214.7	254.9	326.5
Access Equipment | Other
Net sales:
Net sales	192.2	164.5	354.4	340.5
Defense
Net sales:
Net sales	445.7	296.8	739.9	613.7
Operating income (loss) from continuing operations:
Operating income (loss):	48.7	27.8	72.5	51
Fire & Emergency
Net sales:
Net sales	233.5	237.2	462.6	442.6
Operating income (loss) from continuing operations:
Operating income (loss):	21.8	14.9	38.8	25
Commercial
Net sales:
Net sales	214.1	236	412.2	435.9
Operating income (loss) from continuing operations:
Operating income (loss):	6	17.2	10.6	26.1
Commercial | Concrete placement
Net sales:
Net sales	112.7	111.3	197.1	183.6
Commercial | Refuse collection
Net sales:
Net sales	79.1	99.5	171.3	198.5
Commercial | Other
Net sales:
Net sales	22.3	25.2	43.8	53.8
Intersegment eliminations
Net sales:
Net sales	1.8	0	2.6	0
Operating segments
Net sales:
Net sales	1,618.3	1,524.3	2,829.7	2,776.3
Operating segments | Access Equipment
Net sales:
Net sales	723.2	754.3	1,212.4	1,284.1
Operating segments | Access Equipment | Aerial work platforms
Net sales:
Net sales	369.4	375.1	603.1	617.1
Operating segments | Access Equipment | Telehandlers
Net sales:
Net sales	161.6	214.7	254.9	326.5
Operating segments | Access Equipment | Other
Net sales:
Net sales	192.2	164.5	354.4	340.5
Operating segments | Defense
Net sales:
Net sales	446.1	297	740.6	615
Operating segments | Fire & Emergency
Net sales:
Net sales	237.5	240.4	470	447.9
Operating segments | Commercial
Net sales:
Net sales	216	236.7	415.2	437
Operating segments | Commercial | Concrete placement
Net sales:
Net sales	112.7	111.3	197.1	183.6
Operating segments | Commercial | Refuse collection
Net sales:
Net sales	79.1	99.5	171.3	198.5
Operating segments | Commercial | Other
Net sales:
Net sales	24.2	25.9	46.8	54.9
Operating segments | Intersegment eliminations
Net sales:
Net sales	(4.5)	(4.1)	(8.5)	(7.7)
Corporate, non-segment
Operating income (loss) from continuing operations:
Operating income (loss):	(38.2)	(44.2)	(71.8)	(76.5)
Intersegment eliminations
Net sales:
Net sales	0	0	0	0
Operating income (loss) from continuing operations:
Operating income (loss):	0	0	0	0
Intersegment eliminations | Access Equipment
Net sales:
Net sales	0	0	0	0
Intersegment eliminations | Access Equipment | Aerial work platforms
Net sales:
Net sales	0	0	0	0
Intersegment eliminations | Access Equipment | Telehandlers
Net sales:
Net sales	0	0	0	0
Intersegment eliminations | Access Equipment | Other
Net sales:
Net sales	0	0	0	0
Intersegment eliminations | Defense
Net sales:
Net sales	0.4	0.2	0.7	1.3
Intersegment eliminations | Fire & Emergency
Net sales:
Net sales	4	3.2	7.4	5.3
Intersegment eliminations | Commercial
Net sales:
Net sales	1.9	0.7	3	1.1
Intersegment eliminations | Commercial | Concrete placement
Net sales:
Net sales	0	0	0	0
Intersegment eliminations | Commercial | Refuse collection
Net sales:
Net sales	0	0	0	0
Intersegment eliminations | Commercial | Other
Net sales:
Net sales	1.9	0.7	3	1.1
Intersegment eliminations | Intersegment eliminations
Net sales:
Net sales	$ (6.3)	$ (4.1)	$ (11.1)	$ (7.7)

Business Segment Information 74

Business Segment Information (Details 3) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Sep. 30, 2016
Revenue and assets by geography
Identifiable assets		$ 4,988.8		$ 4,988.8		$ 4,513.8
Net sales		1,618.3	$ 1,524.3	2,829.7	$ 2,776.3
United States
Revenue and assets by geography
Net sales				2,237.5	2,070.4
Other North America
Revenue and assets by geography
Net sales				82.7	116.3
Europe, Africa and Middle East
Revenue and assets by geography
Net sales				351.2	388.1
Rest of the World
Revenue and assets by geography
Net sales				158.3	201.5
Access Equipment
Revenue and assets by geography
Net sales		723.2	754.3	1,212.4	1,284.1
Defense
Revenue and assets by geography
Net sales		445.7	296.8	739.9	613.7
Fire & Emergency
Revenue and assets by geography
Net sales		233.5	237.2	462.6	442.6
Commercial
Revenue and assets by geography
Net sales		214.1	236	412.2	435.9
Operating segments
Revenue and assets by geography
Net sales		1,618.3	1,524.3	2,829.7	2,776.3
Operating segments | Access Equipment
Revenue and assets by geography
Identifiable assets		2,704		2,704		2,571.2
Net sales		723.2	754.3	1,212.4	1,284.1
Operating segments | Access Equipment | United States
Revenue and assets by geography
Identifiable assets		1,993.8		1,993.8		1,856
Operating segments | Access Equipment | Europe
Revenue and assets by geography
Identifiable assets		491.6		491.6		521.5
Operating segments | Access Equipment | Rest of the World
Revenue and assets by geography
Identifiable assets		218.6		218.6		193.7
Operating segments | Defense
Revenue and assets by geography
Identifiable assets		711		711		525.2
Net sales		446.1	297	740.6	615
Operating segments | Defense | United States
Revenue and assets by geography
Identifiable assets		708.4		708.4		522.2
Operating segments | Defense | Rest of the World
Revenue and assets by geography
Identifiable assets		2.6		2.6		3
Operating segments | Fire & Emergency
Revenue and assets by geography
Net sales		237.5	240.4	470	447.9
Operating segments | Fire & Emergency | United States
Revenue and assets by geography
Identifiable assets		537.3		537.3		522.7
Operating segments | Commercial
Revenue and assets by geography
Identifiable assets		406.8		406.8		391.8
Net sales		216	$ 236.7	415.2	$ 437
Operating segments | Commercial | United States
Revenue and assets by geography
Identifiable assets		374.5		374.5		358.4
Operating segments | Commercial | Rest of the World
Revenue and assets by geography
Identifiable assets		32.3		32.3		33.4
Corporate, non-segment
Revenue and assets by geography
Identifiable assets		629.7		629.7		502.9
Corporate, non-segment | United States
Revenue and assets by geography
Identifiable assets	[1]	531.2		531.2		408.3
Corporate, non-segment | Rest of the World
Revenue and assets by geography
Identifiable assets	[2]	$ 98.5		$ 98.5		$ 94.6
[1]	Primarily includes cash and short-term investments.
[2]	Primarily includes a corporate-led manufacturing facility that supports multiple operating segments.

Separate Financial Informatio75

Separate Financial Information of Subsidiary Guarantors of Indebtedness (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Condensed Consolidating Statements of Income
Net sales	$ 1,618.3	$ 1,524.3	$ 2,829.7	$ 2,776.3
Cost of sales	1,357	1,265	2,368.7	2,334.2
Gross income	261.3	259.3	461	442.1
Selling, general and administrative	169.8	154.7	320.8	294
Amortization of purchased intangibles	11.1	13.2	23.6	26.4
Operating income	80.4	91.4	116.6	121.7
Interest expense	(15.1)	(15.6)	(29.8)	(30.2)
Interest income	1	0.5	1.8	1
Miscellaneous, net	1.2	(1)	2.5	(1)
Income before income taxes and equity in earnings of unconsolidated affiliates	67.5	75.3	91.1	91.5
Provision for income taxes	23.6	20.3	28.8	22
Income before equity in earnings of unconsolidated affiliates	43.9	55	62.3	69.5
Equity in earnings of consolidated subsidiaries	0	0	0	0
Equity in earnings of unconsolidated affiliates	0.4	1.1	1.2	1.2
Net income	44.3	56.1	63.5	70.7
Other comprehensive income (loss), net of tax	11.5	19.1	(18.1)	8.6
Comprehensive income	55.8	75.2	45.4	79.3
Reportable legal entities | Oshkosh Corporation
Condensed Consolidating Statements of Income
Net sales	0	0	0	0
Cost of sales	(0.2)	0.4	(1)	0.7
Gross income	0.2	(0.4)	1	(0.7)
Selling, general and administrative	35.6	35	67.2	58.6
Amortization of purchased intangibles	0	0	0	0
Operating income	(35.4)	(35.4)	(66.2)	(59.3)
Interest expense	(13.6)	(70.4)	(27.2)	(130)
Interest income	0.6	0.4	1.3	0.9
Miscellaneous, net	24.3	13.6	46.8	28.5
Income before income taxes and equity in earnings of unconsolidated affiliates	(24.1)	(91.8)	(45.3)	(159.9)
Provision for income taxes	(9.3)	(34.1)	(14.4)	(39.9)
Income before equity in earnings of unconsolidated affiliates	(14.8)	(57.7)	(30.9)	(120)
Equity in earnings of consolidated subsidiaries	59.1	113.8	94.4	191
Equity in earnings of unconsolidated affiliates	0	0	0	(0.3)
Net income	44.3	56.1	63.5	70.7
Other comprehensive income (loss), net of tax	11.5	19.1	(18.1)	8.6
Comprehensive income	55.8	75.2	45.4	79.3
Reportable legal entities | Guarantor Subsidiaries
Condensed Consolidating Statements of Income
Net sales	1,378.1	1,284	2,427.9	2,340.8
Cost of sales	1,132.9	1,071	2,007.4	1,970
Gross income	245.2	213	420.5	370.8
Selling, general and administrative	103.9	96.9	195.4	186.2
Amortization of purchased intangibles	9.6	9.7	19.2	19.5
Operating income	131.7	106.4	205.9	165.1
Interest expense	(13.7)	(16.2)	(27.3)	(30.9)
Interest income	4.2	23.1	8.3	39.3
Miscellaneous, net	(54.7)	(50.5)	(106.9)	(91.9)
Income before income taxes and equity in earnings of unconsolidated affiliates	67.5	62.8	80	81.6
Provision for income taxes	22.4	18.8	25.4	20.4
Income before equity in earnings of unconsolidated affiliates	45.1	44	54.6	61.2
Equity in earnings of consolidated subsidiaries	7.9	36	23.6	54.1
Equity in earnings of unconsolidated affiliates	0	0	0	0
Net income	53	80	78.2	115.3
Other comprehensive income (loss), net of tax	1.5	0.7	0.6	(2.2)
Comprehensive income	54.5	80.7	78.8	113.1
Reportable legal entities | Non-Guarantor Subsidiaries
Condensed Consolidating Statements of Income
Net sales	285.1	269.4	488	489.8
Cost of sales	268.9	222.8	448.4	417.9
Gross income	16.2	46.6	39.6	71.9
Selling, general and administrative	30.3	22.8	58.2	49.2
Amortization of purchased intangibles	1.5	3.5	4.4	6.9
Operating income	(15.6)	20.3	(23)	15.8
Interest expense	(0.5)	(0.4)	(1)	(1.1)
Interest income	8.9	48.4	17.9	92.6
Miscellaneous, net	31.6	35.9	62.6	62.4
Income before income taxes and equity in earnings of unconsolidated affiliates	24.4	104.2	56.5	169.7
Provision for income taxes	10.6	35.6	17.8	41.5
Income before equity in earnings of unconsolidated affiliates	13.8	68.6	38.7	128.2
Equity in earnings of consolidated subsidiaries	8	19.6	(2.7)	13.2
Equity in earnings of unconsolidated affiliates	0.4	1.1	1.2	1.5
Net income	22.2	89.3	37.2	142.9
Other comprehensive income (loss), net of tax	9.4	18	(19.8)	9.9
Comprehensive income	31.6	107.3	17.4	152.8
Eliminations
Condensed Consolidating Statements of Income
Net sales	(44.9)	(29.1)	(86.2)	(54.3)
Cost of sales	(44.6)	(29.2)	(86.1)	(54.4)
Gross income	(0.3)	0.1	(0.1)	0.1
Selling, general and administrative	0	0	0	0
Amortization of purchased intangibles	0	0	0	0
Operating income	(0.3)	0.1	(0.1)	0.1
Interest expense	12.7	71.4	25.7	131.8
Interest income	(12.7)	(71.4)	(25.7)	(131.8)
Miscellaneous, net	0	0	0	0
Income before income taxes and equity in earnings of unconsolidated affiliates	(0.3)	0.1	(0.1)	0.1
Provision for income taxes	(0.1)	0	0	0
Income before equity in earnings of unconsolidated affiliates	(0.2)	0.1	(0.1)	0.1
Equity in earnings of consolidated subsidiaries	(75)	(169.4)	(115.3)	(258.3)
Equity in earnings of unconsolidated affiliates	0	0	0	0
Net income	(75.2)	(169.3)	(115.4)	(258.2)
Other comprehensive income (loss), net of tax	(10.9)	(18.7)	19.2	(7.7)
Comprehensive income	$ (86.1)	$ (188)	$ (96.2)	$ (265.9)

Separate Financial Informatio76

Separate Financial Information of Subsidiary Guarantors of Indebtedness (Details 2) - USD ($) $ in Millions	Mar. 31, 2017	Sep. 30, 2016	Mar. 31, 2016	Sep. 30, 2015
Current assets:
Cash and cash equivalents	$ 413.4	$ 321.9	$ 38.4	$ 42.9
Receivables, net	945.1	1,021.9
Inventories, net	1,455.1	979.8
Other current assets	90.1	93.9
Total current assets	2,903.7	2,417.5
Investment in and advances to consolidated subsidiaries	0	0
Intercompany receivables	0	0
Intangible assets, net	1,524.1	1,557
Other long-term assets	561	539.3
Total assets	4,988.8	4,513.8
Current liabilities:
Accounts payable	694.6	466.1
Customer advances	672	471.8
Other current liabilities	426.7	429.7
Total current liabilities	1,793.3	1,367.6
Long-term debt, less current maturities	817.1	826.2
Intercompany payables	0	0
Other long-term liabilities	345.1	343.5
Total shareholders' equity	2,033.3	1,976.5
Total liabilities and shareholders' equity	4,988.8	4,513.8
Reportable legal entities | Oshkosh Corporation
Current assets:
Cash and cash equivalents	373.5	285.4	5.8	14.8
Receivables, net	30.2	13
Inventories, net	0	0
Other current assets	31.5	28
Total current assets	435.2	326.4
Investment in and advances to consolidated subsidiaries	2,816.1	6,148.2
Intercompany receivables	48	48
Intangible assets, net	0	0
Other long-term assets	82.6	87.3
Total assets	3,381.9	6,609.9
Current liabilities:
Accounts payable	15.8	13.3
Customer advances	0	0
Other current liabilities	80.2	85.5
Total current liabilities	96	98.8
Long-term debt, less current maturities	817.1	826.2
Intercompany payables	364.2	3,639.4
Other long-term liabilities	71.3	69
Total shareholders' equity	2,033.3	1,976.5
Total liabilities and shareholders' equity	3,381.9	6,609.9
Reportable legal entities | Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	2.7	1.7	4.8	6.3
Receivables, net	725.8	734.3
Inventories, net	1,002.9	679.1
Other current assets	50.3	58.5
Total current assets	1,781.7	1,473.6
Investment in and advances to consolidated subsidiaries	1,282.4	1,253.6
Intercompany receivables	343.2	1,353.7
Intangible assets, net	928.2	947.5
Other long-term assets	227.8	232.7
Total assets	4,563.3	5,261.1
Current liabilities:
Accounts payable	571.9	375
Customer advances	668	465.8
Other current liabilities	247.6	246.5
Total current liabilities	1,487.5	1,087.3
Long-term debt, less current maturities	0	0
Intercompany payables	1,787	2,346.5
Other long-term liabilities	148.8	147.9
Total shareholders' equity	1,140	1,679.4
Total liabilities and shareholders' equity	4,563.3	5,261.1
Reportable legal entities | Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	37.2	34.8	27.8	21.8
Receivables, net	233.2	319.6
Inventories, net	452.2	300.7
Other current assets	8.3	7.4
Total current assets	730.9	662.5
Investment in and advances to consolidated subsidiaries	(104.8)	(120)
Intercompany receivables	1,808	4,632.2
Intangible assets, net	595.9	609.5
Other long-term assets	250.6	219.3
Total assets	3,280.6	6,003.5
Current liabilities:
Accounts payable	150.8	122.6
Customer advances	4	6
Other current liabilities	99.1	97.9
Total current liabilities	253.9	226.5
Long-term debt, less current maturities	0	0
Intercompany payables	48	48
Other long-term liabilities	125	126.6
Total shareholders' equity	2,853.7	5,602.4
Total liabilities and shareholders' equity	3,280.6	6,003.5
Eliminations
Current assets:
Cash and cash equivalents	0	0	$ 0	$ 0
Receivables, net	(44.1)	(45)
Inventories, net	0	0
Other current assets	0	0
Total current assets	(44.1)	(45)
Investment in and advances to consolidated subsidiaries	(3,993.7)	(7,281.8)
Intercompany receivables	(2,199.2)	(6,033.9)
Intangible assets, net	0	0
Other long-term assets	0	0
Total assets	(6,237)	(13,360.7)
Current liabilities:
Accounts payable	(43.9)	(44.8)
Customer advances	0	0
Other current liabilities	(0.2)	(0.2)
Total current liabilities	(44.1)	(45)
Long-term debt, less current maturities	0	0
Intercompany payables	(2,199.2)	(6,033.9)
Other long-term liabilities	0	0
Total shareholders' equity	(3,993.7)	(7,281.8)
Total liabilities and shareholders' equity	$ (6,237)	$ (13,360.7)

Separate Financial Informatio77

Separate Financial Information of Subsidiary Guarantors of Indebtedness (Details 3) - USD ($) $ in Millions	6 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Condensed financial statements, captions
Net cash provided (used) by operating activities	$ 148.1	$ 96
Investing activities:
Additions to property, plant and equipment	(28)	(40.3)
Additions to equipment held for rental	(24.6)	(22.7)
Proceeds from sale of equipment held for rental	19.8	26.1
Intercompany investing	0	0
Other investing activities	(0.9)	(1)
Net cash used by investing activities	(33.7)	(37.9)
Financing activities:
Proceeds from issuance of debt (original maturities greater than three months)	0	273.5
Repayments of debt (original maturities greater than three months)	(20)	(190)
Net decrease in short-term debt	0	(21.3)
Repurchases of Common Stock	(3)	(101.6)
Dividends paid	(31.3)	(28)
Proceeds from exercise of stock options	33.2	1.9
Excess tax benefit from stock-based compensation	0	0.9
Intercompany financing	0	0
Net cash used by financing activities	(21.1)	(64.6)
Effect of exchange rate changes on cash	(1.8)	2
Increase (decrease) in cash and cash equivalents	91.5	(4.5)
Cash and cash equivalents at beginning of period	321.9	42.9
Cash and cash equivalents at end of period	413.4	38.4
Reportable legal entities | Oshkosh Corporation
Condensed financial statements, captions
Net cash provided (used) by operating activities	(20.4)	(124.3)
Investing activities:
Additions to property, plant and equipment	(1.6)	(12.7)
Additions to equipment held for rental	0	0
Proceeds from sale of equipment held for rental	0	0
Intercompany investing	0	(0.7)
Other investing activities	(0.8)	(1)
Net cash used by investing activities	(2.4)	(14.4)
Financing activities:
Proceeds from issuance of debt (original maturities greater than three months)		270
Repayments of debt (original maturities greater than three months)	(20)	(190)
Net decrease in short-term debt		(21.3)
Repurchases of Common Stock	(3)	(101.6)
Dividends paid	(31.3)	(28)
Proceeds from exercise of stock options	33.2	1.9
Excess tax benefit from stock-based compensation		0.9
Intercompany financing	132	197.8
Net cash used by financing activities	110.9	129.7
Effect of exchange rate changes on cash	0	0
Increase (decrease) in cash and cash equivalents	88.1	(9)
Cash and cash equivalents at beginning of period	285.4	14.8
Cash and cash equivalents at end of period	373.5	5.8
Reportable legal entities | Guarantor Subsidiaries
Condensed financial statements, captions
Net cash provided (used) by operating activities	193.2	99.3
Investing activities:
Additions to property, plant and equipment	(19.6)	(12.3)
Additions to equipment held for rental	0	0
Proceeds from sale of equipment held for rental	0	0.6
Intercompany investing	387	(76.4)
Other investing activities	(0.1)	0
Net cash used by investing activities	367.3	(88.1)
Financing activities:
Proceeds from issuance of debt (original maturities greater than three months)		0
Repayments of debt (original maturities greater than three months)	0	0
Net decrease in short-term debt		0
Repurchases of Common Stock	0	0
Dividends paid	0	0
Proceeds from exercise of stock options	0	0
Excess tax benefit from stock-based compensation		0
Intercompany financing	(559.5)	(13)
Net cash used by financing activities	(559.5)	(13)
Effect of exchange rate changes on cash	0	0.3
Increase (decrease) in cash and cash equivalents	1	(1.5)
Cash and cash equivalents at beginning of period	1.7	6.3
Cash and cash equivalents at end of period	2.7	4.8
Reportable legal entities | Non-Guarantor Subsidiaries
Condensed financial statements, captions
Net cash provided (used) by operating activities	(24.7)	121
Investing activities:
Additions to property, plant and equipment	(6.8)	(15.3)
Additions to equipment held for rental	(24.6)	(22.7)
Proceeds from sale of equipment held for rental	19.8	25.5
Intercompany investing	0	(108.4)
Other investing activities	0	0
Net cash used by investing activities	(11.6)	(120.9)
Financing activities:
Proceeds from issuance of debt (original maturities greater than three months)		3.5
Repayments of debt (original maturities greater than three months)	0	0
Net decrease in short-term debt		0
Repurchases of Common Stock	0	0
Dividends paid	0	0
Proceeds from exercise of stock options	0	0
Excess tax benefit from stock-based compensation		0
Intercompany financing	40.5	0.7
Net cash used by financing activities	40.5	4.2
Effect of exchange rate changes on cash	(1.8)	1.7
Increase (decrease) in cash and cash equivalents	2.4	6
Cash and cash equivalents at beginning of period	34.8	21.8
Cash and cash equivalents at end of period	37.2	27.8
Eliminations
Condensed financial statements, captions
Net cash provided (used) by operating activities	0	0
Investing activities:
Additions to property, plant and equipment	0	0
Additions to equipment held for rental	0	0
Proceeds from sale of equipment held for rental	0	0
Intercompany investing	(387)	185.5
Other investing activities	0	0
Net cash used by investing activities	(387)	185.5
Financing activities:
Proceeds from issuance of debt (original maturities greater than three months)		0
Repayments of debt (original maturities greater than three months)	0	0
Net decrease in short-term debt		0
Repurchases of Common Stock	0	0
Dividends paid	0	0
Proceeds from exercise of stock options	0	0
Excess tax benefit from stock-based compensation		0
Intercompany financing	387	(185.5)
Net cash used by financing activities	387	(185.5)
Effect of exchange rate changes on cash	0	0
Increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	$ 0	$ 0