The Scotts Miracle-Gro Company (SMG) 10-Q 11 Feb 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jan. 02, 2016	Feb. 05, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jan. 2, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	SMG
Entity Registrant Name	SCOTTS MIRACLE-GRO CO
Entity Central Index Key	825,542
Current Fiscal Year End Date	--09-30
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		61,411,683

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Net sales	$ 245.7	$ 216.2
Cost of sales	198.1	186.9
Cost of sales—impairment, restructuring and other	5	0
Gross profit	42.6	29.3
Operating expenses:
Selling, general and administrative	139.5	126.9
Impairment, restructuring and other	4.3	9.6
Other income, net	(1)	(1.2)
Loss from operations	(100.2)	(106)
Costs related to refinancing	8.8	0
Interest expense	16.3	9.7
Loss before income taxes	(125.3)	(115.7)
Income tax benefit	(44.5)	(41.7)
Net loss	(80.8)	(74)
Net income attributable to noncontrolling interest	(0.5)	(0.6)
Net loss attributable to controlling interest	$ (81.3)	$ (74.6)
Basic income per common share:
Basic loss per common share (USD per share)	$ (1.32)	$ (1.23)
Weighted-average common shares outstanding during the period (shares)	61.5	60.8
Diluted income per common share:
Diluted loss per common share (USD per share)	$ (1.32)	$ (1.23)
Common shares and potential common shares used in diluted loss per share calculation	61.5	60.8
Dividends declared per common share (USD per share)	$ 0.470	$ 0.450

Condensed Statement of Comprehe

Condensed Statement of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Net loss	$ (80.8)	$ (74)
Other comprehensive (loss) income:
Net foreign currency translation adjustment	(2.8)	(3)
Net unrealized gains (losses) on derivative instruments, net of tax of $0.8 and ($0.7), respectively	1.3	(1.1)
Reclassification of net unrealized losses on derivatives to net income, net of tax of $0.5 and $0.6, respectively	0.8	1
Net unrealized losses in pension and other post-retirement benefits, net of tax of $0.0 and $0.0, respectively	0	0
Reclassification of net pension and post-retirement benefit loss to net income, net of tax of $0.3 and $0.5, respectively	0.5	0.8
Total other comprehensive income (loss)	(0.2)	(2.3)
Comprehensive loss	$ (81)	$ (76.3)

Condensed Statement of Compreh4

Condensed Statement of Comprehensive Income (Loss) (Unaudited) Condensed Statement of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Net unrealized gains (losses) on derivatives - tax impact	$ 0.8	$ (0.7)
Reclassification of derivatives - tax impact	0.5	0.6
Net unrealized gain (loss) in pension - tax impact	0	0
Reclassification of pension - tax impact	$ 0.3	$ 0.5

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
OPERATING ACTIVITIES
Net loss	$ (80.8)	$ (74)
Adjustments to reconcile net income to net cash provided by operating activities:
Impairment, restructuring and other	0	3.6
Costs related to refinancing	2.2	0
Share-based compensation expense	2.2	2.1
Depreciation	13.5	12.5
Amortization	4.6	3.7
Gain on sale of assets	(0.1)	0
Changes in assets and liabilities, net of acquired businesses:
Accounts receivable	134.4	148.9
Inventories	(354.1)	(301.2)
Prepaid and other assets	(6.5)	(6.8)
Accounts payable	42.6	33
Other current liabilities	(85.6)	(93.8)
Restructuring reserves	(10.2)	2.1
Other non-current items	1.4	5.8
Other, net	(2.2)	(2.9)
Net cash used in operating activities	(338.6)	(267)
INVESTING ACTIVITIES
Proceeds from sale of long-lived assets	0.1	0
Investments in property, plant and equipment	(16.1)	(14.5)
Investment in unconsolidated affiliates	0.8	0
Investments in acquired businesses, net of cash acquired	0	(11.1)
Net cash used in investing activities	(16.8)	(25.6)
FINANCING ACTIVITIES
Borrowings under revolving and bank lines of credit and term loans	924.3	539.6
Repayments under revolving and bank lines of credit and term loans	(751.2)	(167.1)
Proceeds from issuance of 6.000% Senior Notes	400	0
Repayment of 6.625% Senior Notes	(200)	0
Financing and issuance fees	(10.5)	0
Dividends paid	(28.9)	(27.4)
Purchase of common shares	0	(14.8)
Payments of seller notes	(0.8)	0
Excess tax benefits from share-based payment arrangements	0.1	0.5
Cash received from the exercise of stock options	1.2	6.2
Net cash provided by financing activities	334.2	337
Effect of exchange rate changes on cash	(1.2)	(3.6)
Net (decrease) increase in cash and cash equivalents	(22.4)	40.8
Cash and cash equivalents, beginning of period	71.4	89.3
Cash and cash equivalents, end of period	49	130.1
SUPPLEMENTAL CASH FLOW INFORMATION
Interest paid	(13.2)	(11.2)
Call premium on 6.000% Senior Notes	(6.6)	0
Income taxes paid	$ (2.1)	$ (8.6)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014
Current assets:
Cash and cash equivalents	$ 49	$ 71.4	$ 130.1
Accounts receivable, less allowances of $8.0, $8.7 and $6.8, respectively	206.4	191.3	185.4
Accounts receivable pledged	0	152.9	0
Inventories	759.2	407.6	682.8
Prepaid and other current assets	133.4	125.4	127.6
Total current assets	1,148	948.6	1,125.9
Property, plant and equipment, net of accumulated depreciation of $624.5, $612.9 and $606.1, respectively	449.2	453.7	434.4
Goodwill	433	432.4	364.3
Intangible assets, net	658	663.5	308.9
Other assets	39.2	29	31.7
Total assets	2,727.4	2,527.2	2,265.2
Current liabilities:
Current portion of debt	28.8	134.8	36.6
Accounts payable	233.5	197.9	220
Other current liabilities	183.3	280.4	165.3
Total current liabilities	445.6	613.1	421.9
Long term debt	1,503.6	1,028.5	1,133.3
Other liabilities	251.5	252.5	249.1
Total liabilities	$ 2,200.7	$ 1,894.1	$ 1,804.3
Contingencies (note 10)
Shareholders' equity:
Common shares and capital in excess of $.01 stated value per share; 61.5, 61.4, and 60.7 shares issued and outstanding, respectively	$ 402.3	$ 400.4	$ 399
Retained earnings	573.7	684.2	534.6
Treasury shares, at cost; 6.6, 6.7, and 7.5 shares, respectively	(355.2)	(357.1)	(398.2)
Accumulated other comprehensive loss	(107)	(106.8)	(88.6)
Total shareholders’ equity - controlling interest	513.8	620.7	446.8
Noncontrolling interest	12.9	12.4	14.1
Total equity	526.7	633.1	460.9
Total liabilities and equity	$ 2,727.4	$ 2,527.2	$ 2,265.2

Condensed Consolidated Balance7

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Millions, $ in Millions	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014
Accounts receivable, allowances	$ 8	$ 8.7	$ 6.8
Property, plant and equipment, accumulated depreciation	$ 624.5	$ 612.9	$ 606.1
Common shares, stated value per share	$ 0.01	$ 0.01	$ 0.01
Common shares, shares issued	61.5	61.4	60.7
Common shares, shares outstanding	61.5	61.4	60.7
Treasury shares, at cost	6.6	6.7	7.5

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Notes)	3 Months Ended
	Jan. 02, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations The Scotts Miracle-Gro Company (“Scotts Miracle-Gro” or “Parent”) and its subsidiaries (collectively, together with Scotts Miracle-Gro, the “Company”) are engaged in the manufacturing, marketing and sale of consumer branded products for lawn and garden care. The Company’s primary customers include home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, food and drug stores, and indoor gardening and hydroponic stores. The Company’s products are sold primarily in North America and the European Union. The Company also operates the Scotts LawnService ® business, which provides residential and commercial lawn care, tree and shrub care and pest control services in the United States. Due to the nature of the consumer lawn and garden business, the majority of the Company’s sales to customers occur in the Company’s second and third fiscal quarters. On a combined basis, net sales for the second and third quarters of the last three fiscal years represented in excess of 75% of annual net sales. The Company follows a 13-week quarterly accounting cycle pursuant to which the first three fiscal quarters end on a Saturday and the fiscal year always ends on September 30. This fiscal calendar convention requires the Company to cycle forward the first three fiscal quarter ends every six years. Fiscal 2016 is the most recent year impacted by this process and, as a result, the first quarter of fiscal 2016 will have six additional days and the fourth quarter of fiscal 2016 will have five less days compared to the respective quarters of fiscal 2015. The Company’s first quarter of fiscal 2016 ended on January 2, 2016 while the first quarter of fiscal 2015 ended on December 27, 2014 . Organization and Basis of Presentation The Company’s unaudited condensed consolidated financial statements for the three months ended January 2, 2016 and December 27, 2014 are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The condensed consolidated financial statements include the accounts of Scotts Miracle-Gro and its subsidiaries. All intercompany transactions and accounts have been eliminated in consolidation. The Company’s consolidation criteria are based on majority ownership (as evidenced by a majority voting interest in the entity) and an objective evaluation and determination of effective management control. AeroGrow International, Inc. (“AeroGrow”), in which the Company has a controlling interest, is consolidated, with the equity owned by other shareholders shown as noncontrolling interest in the Condensed Consolidated Balance Sheets, and the other shareholders’ portion of net earnings and other comprehensive income shown as net income (loss) or comprehensive income attributable to noncontrolling interest in the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income (Loss), respectively. In the opinion of management, interim results reflect all normal and recurring adjustments and are not necessarily indicative of results for a full year. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted or condensed pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, this report should be read in conjunction with Scotts Miracle-Gro’s Annual Report on Form 10-K for the fiscal year ended September 30, 2015 (the “2015 Annual Report”), which includes a complete set of footnote disclosures, including the Company’s significant accounting policies. The Company’s Condensed Consolidated Balance Sheet at September 30, 2015 has been derived from the Company’s audited Consolidated Balance Sheet at that date, but does not include all of the information and footnotes required by GAAP for complete financial statements. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes and related disclosures. Although these estimates are based on management’s best knowledge of current events and actions the Company may undertake in the future, actual results ultimately may differ from the estimates. Long-lived Assets The Company had noncash investing activities of $2.7 million and $3.0 million during the three months ended January 2, 2016 and December 27, 2014 , respectively, representing unpaid liabilities incurred during each period to acquire property, plant and equipment. RECENT ACCOUNTING PRONOUNCEMENTS Revenue Recognition from Contracts with Customers In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers . This guidance requires companies to recognize revenue in a manner that depicts the transfer of promised goods or services to customers in amounts that reflect the consideration to which a company expects to be entitled in exchange for those goods or services. The new standard also will result in enhanced disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The provisions are effective for the Company’s financial statements no later than the fiscal year beginning October 1, 2018. The standard allows for either a full retrospective or a modified retrospective transition method. The Company is currently evaluating the impact of this standard on its consolidated results of operations, financial position and cash flows. Discontinued Operations Reporting In April 2014, the FASB issued an accounting standard update that amends the accounting guidance related to discontinued operations. This amendment defines discontinued operations as a component or group of components that is disposed of or is classified as held for sale and represents a strategic shift that has or will have a major effect on an entity’s operations and financial results. This amendment also introduces new disclosures for disposals that do not meet the criteria of discontinued operations. The provisions are effective for fiscal years beginning after December 15, 2014 and apply to new disposals and new classifications of disposal groups as held for sale after the effective date. The adoption of the amended guidance impacts presentation and disclosure of future divestitures and did not have a significant impact on the Company’s consolidated financial position, results of operations or cash flows as of January 2, 2016 . Going Concern In April 2014, the FASB issued a new accounting standard that requires management to assess if there is substantial doubt about an entity’s ability to continue as a going concern for each annual and interim period. If conditions or events give rise to substantial doubt, disclosures are required. The new accounting standard will be effective as of December 31, 2016 and is not expected to have an impact on the Company’s financial statement disclosures. Inventory In July 2015, the FASB issued an accounting standard update that requires inventory to be measured “at the lower of cost and net realizable value,” thereby simplifying the current guidance that requires inventory to be measured at the lower of cost or market (market in this context is defined as one of three different measures, one of which is net realizable value). The provisions are effective prospectively for fiscal years beginning after December 15, 2016 and are not expected to have a significant impact on the Company’s consolidated financial position, results of operations or cash flows. Debt Issuance Costs In April 2015, the FASB issued an accounting standard update that requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the corresponding debt liability rather than as an asset. The provisions are effective for fiscal years beginning after December 15, 2015 and require retrospective application. The adoption of the amended guidance impacts presentation and disclosure of debt issuance costs and is not expected to have a significant impact on the Company’s consolidated financial position, results of operations or cash flows. Cloud Computing Arrangements In April 2015, the FASB issued an accounting standard update that clarifies how customers in cloud computing arrangements should determine whether the arrangement includes a software license, and requires acquired software licenses to be accounted for as licenses of intangible assets. The provisions are effective for fiscal years beginning after December 15, 2015 and are not expected to have a significant impact on the Company’s consolidated financial position, results of operations or cash flows. Business Combinations In September 2015, the FASB issued an accounting standard update to simplify the accounting for measurement-period adjustments by requiring an acquirer to recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, and requiring disclosure of the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The provisions are effective prospectively for the Company’s financial statements no later than the fiscal year beginning October 1, 2016 and are not expected to have a significant impact on the Company’s consolidated financial position, results of operations or cash flows. Income Taxes In November 2015, the FASB issued an accounting standard update to simplify the presentation of deferred income taxes by requiring that deferred income tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The provisions are effective for the Company’s financial statements no later than the fiscal year beginning October 1, 2017. The standard allows for either a retrospective or prospective transition method and is not expected to have a significant impact on the Company’s consolidated financial position, results of operations or cash flows.

ACQUISITIONS

ACQUISITIONS	3 Months Ended
	Jan. 02, 2016
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS Fiscal 2015 On October 16, 2014, Scotts LawnService ® acquired the assets of Action Pest Control Inc. (“Action Pest”), a residential and commercial pest control provider in the Midwest, for $21.7 million . Action Pest provides residential and commercial pest control services to homeowners and businesses throughout Indiana, Kentucky, and Illinois. This transaction provides Scotts LawnService ® an entry into the pest control market. Included in the purchase price of $21.7 million is non-cash investing activity of $4.0 million representing the deferral of a portion of the purchase price into subsequent fiscal periods. The valuation of acquired assets included finite-lived identifiable intangible assets of $6.1 million and tax deductible goodwill of $14.1 million . Identifiable intangible assets included tradename, customer relationships and non-compete agreements with useful lives ranging between 1 to 12 years. The estimated fair values of the identifiable intangible assets were determined using an income-based approach, which includes market participant expectations of cash flows that an asset will generate over the remaining useful life discounted to present value using an appropriate discount rate. Net sales for Action Pest included in the Scotts LawnService ® segment for the three months ended January 2, 2016 and December 27, 2014 were $3.1 million and $1.9 million , respectively. During fiscal 2015, Scotts LawnService ® also acquired several other businesses that individually and in the aggregate were not significant for an aggregate purchase price of $3.5 million , which included $2.6 million in tax deductible goodwill. On March 30, 2015, the Company acquired the assets of General Hydroponics, Inc. (“General Hydroponics”) and Bio-Organic Solutions, Inc. (“Vermicrop”) for $120.0 million and $15.0 million , respectively. This transaction provides the Company’s Global Consumer segment with an additional entry in the indoor and urban gardening market, which is a part of the Global Consumer segment’s long-term growth strategy. General Hydroponics and Vermicrop are leading producers of liquid plant food products, growing media, and accessories for the hydroponics markets. The General Hydroponics purchase price includes non-cash investing activity of $1.0 million representing the deferral of a portion of the purchase price into fiscal 2016. The Vermicrop purchase price includes $5.0 million of contingent consideration, which will be paid during fiscal 2016. Additionally, the Vermicrop purchase price was paid in common shares of Scotts Miracle-Gro (“Common Shares”) based on the average share price at the time of payment. The valuation of acquired assets was determined during the third quarter of fiscal 2015 and included (i) $14.2 million of inventory and accounts receivable, (ii) $5.7 million in fixed assets, (iii) $65.0 million of finite-lived identifiable intangible assets, and (iv) $53.9 million of tax-deductible goodwill. Identifiable intangible assets included tradenames, customer relationships and non-compete arrangements with useful lives ranging between 5 to 26 years. The estimated fair values of the identifiable intangible assets were determined using an income-based approach, which includes market participant expectations of cash flows that an asset will generate over the remaining useful life discounted to present value using an appropriate discount rate. Net sales for General Hydroponics and Vermicrop included within the Global Consumer segment for the three months ended January 2, 2016 were $13.5 million . During fiscal 2015, the Company completed four acquisitions of growing media operations within the Global Consumer segment for an aggregate purchase price of $40.2 million . These acquisitions expand the Company’s growing media operations and distribution capabilities within its Global Consumer segment. The valuation of acquired assets for the transactions included (i) $10.1 million in finite-lived identifiable intangible assets, (ii) $11.4 million in fixed assets, (iii) $10.7 million in tax deductible goodwill, and (iv) $9.8 million of inventory and accounts receivable. Identifiable intangible assets include tradenames and customer relationships with useful lives ranging between 7 to 20 years. The estimated fair values of the identifiable intangible assets were determined using an income-based approach, which includes market participant expectations of cash flows that an asset will generate over the remaining useful life discounted to present value using an appropriate discount rate. The condensed consolidated financial statements include the results of operations for these business combinations from the date of each acquisition.

IMPAIRMENT, RESTRUCTURING AND O

IMPAIRMENT, RESTRUCTURING AND OTHER	3 Months Ended
	Jan. 02, 2016
Restructuring, Impairment, and Other Activities Disclosure [Abstract]
IMPAIRMENT, RESTRUCTURING AND OTHER CHARGES	IMPAIRMENT, RESTRUCTURING AND OTHER Activity described herein is classified within the “Impairment, restructuring and other” lines in the Condensed Consolidated Statements of Operations. The following table details impairment, restructuring and other for each of the periods presented: THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Restructuring and other charges $ 9.3 $ 9.6 Goodwill and intangible asset impairments — — Total impairment, restructuring and other $ 9.3 $ 9.6 The following table summarizes the activity related to liabilities associated with the restructuring and other charges during the three months ended January 2, 2016 (in millions): Amounts reserved for restructuring and other charges at September 30, 2015 $ 28.1 Restructuring and other charges 9.3 Payments and other (19.5 ) Amounts reserved for restructuring and other charges at January 2, 2016 $ 17.9 Included in the restructuring reserves as of January 2, 2016 is $2.8 million that is classified as long-term. Payments against the long-term reserves will be incurred as the employees covered by the restructuring plan retire or through the passage of time. The remaining amounts reserved will continue to be paid out over the course of the next twelve months. Fiscal 2016 In the first quarter of fiscal 2016, the Company announced a series of initiatives called Project Focus designed to maximize the value of its non-core assets and concentrate its focus on emerging categories of the lawn and garden industry in its core U.S. business. On December 10, 2015, as part of this project, the Company entered into a definitive agreement to contribute its Scotts LawnService ® business into a joint venture with TruGreen Holdings Corporation. This agreement is subject to several conditions to close including receiving regulatory approval and the joint venture obtaining financing. The transaction is expected to close in the second quarter of fiscal 2016. During the three months ended January 2, 2016 , the Company recognized $2.8 million in deal related costs associated with this transaction. In addition, during the three months ended January 2, 2016 , the Company recognized $0.9 million in deal costs related to other potential transactions associated with this project. During the third quarter of fiscal 2015 , the Company’s Global Consumer segment began experiencing an increase in certain consumer complaints related to the newly reformulated Bonus S ® fertilizer product sold in the southeastern United States indicating customers were experiencing damage to their lawns after application. During the first quarter of fiscal 2016 , the Company recognized $5.4 million in costs related to resolving these consumer complaints and the recognition of costs the Company expects to incur for current and expected consumer claims. Costs incurred to date since the inception of this matter are $67.8 million . The Company is working through the claims process with its insurers with respect to these costs, and has received reimbursement payments of $44.9 million through the first quarter of fiscal 2016, including $25.0 million received during the first quarter of fiscal 2016 . The Company recorded an offsetting insurance reimbursement recovery in the amount of $4.9 million in the fourth quarter of fiscal 2015 and the remaining $40.0 million of reimbursements have been recognized as an accrued liability on the Condensed Consolidated Balance Sheets pending the resolution of the insurer’s review of claim documentation. During the first quarter of fiscal 2016 , the Company paid $13.2 million to the third party administrator of the consumer claims to pay for lawn repairs. Fiscal 2015 During the three months ended December 27, 2014 , the Company recognized $9.6 million in restructuring costs related to termination benefits provided to U.S. and international personnel as part of the Company’s restructuring of its U.S. administrative and overhead functions and the continuation of the international profitability improvement initiative. These restructuring charges included $3.6 million of costs related to the acceleration of equity compensation expense.

INVENTORIES

INVENTORIES	3 Months Ended
	Jan. 02, 2016
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories consisted of the following for each of the periods presented: JANUARY 2, DECEMBER 27, SEPTEMBER 30, (In millions) Finished goods $ 531.5 $ 476.4 $ 230.2 Work-in-process 60.8 60.5 48.3 Raw materials 166.9 145.9 129.1 Total inventories $ 759.2 $ 682.8 $ 407.6 Adjustments to reflect inventories at net realizable values were $23.0 million at January 2, 2016 , $19.1 million at December 27, 2014 and $17.8 million at September 30, 2015 .

MARKETING AGREEMENT

MARKETING AGREEMENT	3 Months Ended
	Jan. 02, 2016
Marketing Agreement [Abstract]
MARKETING AGREEMENT	MARKETING AGREEMENT The Scotts Company LLC and Monsanto are parties to an Amended and Restated Exclusive Agency and Marketing Agreement (the “Marketing Agreement”), pursuant to which the Company has served, since its 1998 fiscal year, as Monsanto’s exclusive agent for the marketing and distribution of consumer Roundup ® herbicide products (with additional rights to new products containing glyphosate or other similar non-selective herbicides) in the consumer lawn and garden market. Under the terms of the Marketing Agreement, the Company is entitled to receive an annual commission from Monsanto as consideration for the performance of the Company’s duties as agent. The annual gross commission under the Marketing Agreement is calculated as a percentage of the actual earnings before interest and income taxes of the consumer Roundup ® business in the markets covered by the Marketing Agreement subject to the achievement of annual earnings thresholds. The Marketing Agreement also requires the Company to make annual payments of $20.0 million to Monsanto as a contribution against the overall expenses of the consumer Roundup ® business. From 1998 until May 15, 2015, the Marketing Agreement covered the United States and other specified countries, including Australia, Austria, Belgium, Canada, France, Germany, the Netherlands and the United Kingdom. On May 15, 2015, the territories were expanded to cover additional countries as outlined below. In consideration for the rights granted to the Company under the Marketing Agreement in 1998, the Company paid a marketing fee of $32 million to Monsanto. The Company deferred this amount on the basis that the payment will provide a future benefit through commissions that will be earned under the Marketing Agreement. The economic useful life over which the marketing fee is being amortized is twenty years, with a remaining unamortized amount of $2.2 million and remaining amortization period of less than three years as of January 2, 2016 . On May 15, 2015, the Company and Monsanto entered into an Amendment to the Marketing Agreement (the “Marketing Agreement Amendment”), a Lawn and Garden Brand Extension Agreement (the “Brand Extension Agreement”) and a Commercialization and Technology Agreement (the “Commercialization and Technology Agreement”). In consideration for these agreements, the Company paid $300.0 million to Monsanto on August 14, 2015 using borrowings under its credit facility. Among other things, the Marketing Agreement Amendment amends the Marketing Agreement in the following significant respects: • Expands the territories in which the Company may serve as Monsanto’s exclusive agent in the consumer lawn and garden market to include all countries other than Japan and countries subject to a comprehensive U.S. trade embargo or certain other embargoes and trade restrictions. • Eliminates the initial and renewal terms that the original Marketing Agreement applied to European Union (“EU”) countries. As amended, the term of the Marketing Agreement will now continue indefinitely for all included markets, including EU countries within the included markets, unless and until otherwise terminated in accordance with the Marketing Agreement. • Revises the procedures of the Marketing Agreement relating to a potential sale of the consumer Roundup ® business to (1) require Monsanto to negotiate exclusively with the Company with respect to any potential Roundup ® sale for 60 days after the Company receives notice from Monsanto regarding a potential Roundup ® sale and (2) provide the Company with a right of first offer and a right of last look in connection with a potential Roundup ® sale to a third party. In addition, if the Company makes a bid in connection with a Roundup ® sale, the then-applicable termination fee would serve as a credit against the purchase price and the Monsanto board of directors would not be permitted to discount the value of the Company’s bid compared to a competing bid as a result of the termination fee discount. • Requires the Company to (1) provide notice to Monsanto of certain proposals and processes that may result in a sale of the Company and (2) conduct non-exclusive negotiations with Monsanto with respect to such a sale. • Increases the minimum termination fee payable under the Marketing Agreement to the greater of (1) $200.0 million or (2) four times (A) the average of the program earnings before interest or income taxes for the three trailing program years prior to the year of termination, minus (B) the 2015 program earnings before interest or income taxes. • Amends Monsanto’s termination rights and provides additional rights to the Company in the event of a termination, as follows: ◦ delays the effectiveness of a notice of termination given by Monsanto as a result of a change of control with respect to Monsanto or a sale of the consumer Roundup ® business to a third party from (1) the end of the later of 12 months or the next program year to (2) the end of the fifth full program year after Monsanto gives such notice; ◦ eliminates Monsanto’s termination rights for a regional performance default, a change of significant ownership of the Company or an uncured or incurable egregious injury (as each are defined in the Marketing Agreement); and ◦ eliminates Monsanto’s termination rights in connection with a change in control of the Company or Scotts Miracle-Gro as long as the Company has determined, in its reasonable commercial opinion, that the acquirer can and will fully perform the duties and obligations of the Company under the Marketing Agreement. • Expands the Company’s termination rights to include termination for a brand decline event (as defined in the Marketing Agreement Amendment) occurring before program year 2023. • Expands the Company’s assignment rights to allow the Company to transfer its rights, interests and obligations under the Marketing Agreement with respect to (1) the North America territories and (2) one or more other included markets for up to three other assignments. • Amends the commission structure by (1) eliminating the commission threshold for program years 2016, 2017 and 2018, (2) setting the commission threshold for the subsequent program years at $40 million and (3) establishing the commission payable by Monsanto to the Company for each program year at an amount equal to 50% of the program earnings before interest and income taxes for such program year. The Brand Extension Agreement provides the Company a worldwide, exclusive license to use the Roundup ® brand on additional products offered by the Company outside of the non-selective weed category within the residential lawn and garden market. The application of the Roundup ® brand to these additional products is subject to a product review and approval process developed between the Company and Monsanto. Monsanto will maintain oversight of its brand, the handling of brand registrations covering these new products and new territories, as well as primary responsibility for brand enforcement. The Brand Extension Agreement has an initial term of twenty years, which will automatically renew for additional successive twenty year terms, at the Company’s sole option, for no additional monetary consideration. The Commercialization and Technology Agreement provides for the Company and Monsanto to further develop and commercialize new products and technology developed at Monsanto and intended for introduction into the residential lawn and garden market. Under the Commercialization and Technology Agreement, the Company receives an exclusive first look at new Monsanto technology and products and an annual review of Monsanto’s developing products and technologies. The Commercialization and Technology Agreement has a term of thirty years (subject to early termination upon a termination event under the Marketing Agreement or the Brand Extension Agreement). The Company recorded the $300.0 million consideration paid by the Company to Monsanto in connection with the entry into the Marketing Agreement Amendment, the Brand Extension Agreement and the Commercialization and Technology Agreement as intangible assets and the related economic useful life of such assets is indefinite. The identifiable intangible assets include the Marketing Agreement Amendment and the Brand Extension Agreement with allocated fair value of $188.3 million and $111.7 million , respectively. The estimated fair values of the identifiable intangible assets were determined using an income-based approach, which includes market participant expectations of cash flows that an asset will generate over the remaining useful life discounted to present value using an appropriate rate of return. Under the terms of the Marketing Agreement, the Company performs certain functions, primarily manufacturing conversion services (in North America), distribution and logistics, and selling and marketing support, on behalf of Monsanto in the conduct of the consumer Roundup ® business. The actual costs incurred for these activities are charged to and reimbursed by Monsanto. The Company records costs incurred under the Marketing Agreement for which the Company is the primary obligor on a gross basis, recognizing such costs in “Cost of sales” and the reimbursement of these costs in “Net sales,” with no effect on gross profit dollars or net income. The gross commission earned under the Marketing Agreement, the contribution payments to Monsanto and the amortization of the initial marketing fee paid to Monsanto in 1998 are included in the calculation of net sales in the Company’s Condensed Consolidated Statements of Operations. The elements of the net commission and reimbursements earned under the Marketing Agreement and included in “Net sales” are as follows: THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Gross commission $ — $ — Contribution expenses (5.0 ) (5.0 ) Amortization of marketing fee (0.2 ) (0.2 ) Net commission (5.2 ) (5.2 ) Reimbursements associated with Marketing Agreement 14.0 17.3 Total net sales associated with Marketing Agreement $ 8.8 $ 12.1

DEBT

DEBT	3 Months Ended
	Jan. 02, 2016
Debt Disclosure [Abstract]
DEBT	DEBT The components of long-term debt are as follows: JANUARY 2, DECEMBER 27, SEPTEMBER 30, (In millions) Credit Facilities: Revolving loans $ 806.5 $ 922.9 $ 816.3 Term loans 300.0 — — Senior Notes – 6.625% — 200.0 200.0 Senior Notes – 6.000% 400.0 — — Master Accounts Receivable Purchase Agreement — — 122.3 Other 25.9 47.0 24.7 1,532.4 1,169.9 1,163.3 Less current portions 28.8 36.6 134.8 Long-term debt $ 1,503.6 $ 1,133.3 $ 1,028.5 Credit Facilities On December 20, 2013 , the Company entered into the third amended and restated credit agreement, providing the Company and certain of its subsidiaries with a five -year senior secured revolving loan facility in the aggregate principal amount of up to $1.7 billion (the “former credit facility”). On October 29, 2015, the Company entered into the fourth amended and restated credit agreement (the “new credit agreement”), providing the Company and certain of its subsidiaries with five-year senior secured loan facilities in the aggregate principal amount of $1.9 billion , comprised of a revolving credit facility of $1.6 billion and a term loan in the original principal amount of $300.0 million (the “new credit facilities”). The new credit agreement also provides the Company with the right to seek additional committed credit under the agreement in an aggregate amount of up to $500.0 million plus an unlimited additional amount, subject to certain specified financial and other conditions. Under the new credit agreement, the Company has the ability to obtain letters of credit up to $100.0 million . The new credit agreement replaces the former credit facility, and will terminate on October 29, 2020 . Borrowings on the revolving credit facility may be made in various currencies, including U.S. dollars, euro, British pounds, Australian dollars and Canadian dollars. The terms of the new credit agreement include customary representations and warranties, affirmative and negative covenants, financial covenants, and events of default. The proceeds of borrowings on the new credit facilities may be used: (i) to finance working capital requirements and other general corporate purposes of the Company and its subsidiaries; and (ii) to refinance the amounts outstanding under the former credit facility. Under the terms of the new credit agreement, loans bear interest, at the Company’s election, at a rate per annum equal to either the ABR or Adjusted LIBO Rate (both as defined in the new credit agreement) plus the applicable margin. The new credit facilities are guaranteed by substantially all of the Company’s domestic subsidiaries, and are secured by (i) a perfected first priority security interest in all of the accounts receivable, inventory and equipment of the Company and those of the Company’s domestic subsidiaries that are guarantors and (ii) the pledge of all of the capital stock of the Company’s domestic subsidiaries that are guarantors. At January 2, 2016 , the Company had letters of credit outstanding in the aggregate principal amount of $27.7 million , and $765.9 million of availability under the new credit agreement, subject to the Company’s continued compliance with covenants discussed below. The weighted average interest rates on average borrowings under the new credit agreement and the former credit facility were 3.9% and 3.7% for the three months ended January 2, 2016 and December 27, 2014 , respectively. The new credit agreement contains, among other obligations, an affirmative covenant regarding the Company’s leverage ratio on the last day of each quarter calculated as average total indebtedness, divided by the Company’s earnings before interest, taxes, depreciation and amortization (“EBITDA”), as adjusted pursuant to the terms of the new credit facilities (“Adjusted EBITDA”). The maximum leverage ratio was 4.50 as of January 2, 2016 . The Company’s leverage ratio was 2.77 at January 2, 2016 . The new credit agreement also includes an affirmative covenant regarding its interest coverage ratio. The interest coverage ratio is calculated as Adjusted EBITDA divided by interest expense, as described in the new credit agreement, and excludes costs related to refinancings. The minimum interest coverage ratio was 3.00 for the twelve months ended January 2, 2016 . The Company’s interest coverage ratio was 8.52 for the twelve months ended January 2, 2016 . The new credit agreement allows the Company to make unlimited restricted payments (as defined in the new credit agreement), including increased or one-time dividend payments and Common Share repurchases, as long as the leverage ratio resulting from the making of such restricted payments is 4.00 or less. Otherwise the Company may only make restricted payments in an aggregate amount for each fiscal year not to exceed the amount set forth in the new credit agreement for such fiscal year ( $175.0 million for 2016 and 2017 and $200.0 million for 2018 and in each fiscal year thereafter). Senior Notes - 6.625% On December 15, 2015 , Scotts Miracle-Gro redeemed all $200.0 million aggregate principal amount of its outstanding 6.625% senior notes due 2020 (the “ 6.625% Senior Notes”) paying a redemption price of $213.2 million , comprised of $6.6 million of accrued and unpaid interest, $6.6 million of call premium and $200.0 million for outstanding principal amount. The $6.6 million call premium charge was recognized within the “Costs related to refinancing” line on the Condensed Consolidated Statement of Operations in the first quarter of fiscal 2016. Additionally, the Company had $2.2 million in unamortized bond discount and issuance costs associated with the 6.625% Senior Notes that were written-off and recognized in the “Costs related to refinancing” line on the Condensed Consolidated Statement of Operations in the first quarter of fiscal 2016. Senior Notes - 6.000% On October 13, 2015 , Scotts Miracle-Gro issued $400.0 million aggregate principal amount of 6.000% senior notes due 2023 (the “ 6.000% Senior Notes”). The net proceeds of the offering were used to repay outstanding borrowings under the former credit facility. The 6.000% Senior Notes represent general unsecured senior obligations and rank equal in right of payment with the Company’s existing and future unsecured senior debt. The 6.000% Senior Notes have interest payment dates of April 15 and October 15 of each year, commencing April 15, 2016 . The 6.000% Senior Notes may be redeemed, in whole or in part, on or after October 15, 2018 at applicable redemption premiums. The 6.000% Senior Notes contain customary covenants and events of default and mature on October 15, 2023 . Substantially all of Scotts Miracle-Gro’s domestic subsidiaries serve as guarantors of the 6.000% Senior Notes. Master Accounts Receivable Purchase Agreement The Company maintains a Master Accounts Receivable Purchase Agreement (“MARP Agreement”), which provides for the discretionary sale by the Company, and the discretionary purchase (outside of the commitment period specified in the MARP Agreement) by the participating banks, on a revolving basis, of accounts receivable generated by sales to three specified account debtors in an aggregate amount not to exceed $400.0 million . The MARP Agreement is subject to renewal by mutual agreement at least annually. The Company accounts for the sale of receivables under the MARP Agreement as short-term debt and continues to carry the receivables on its Condensed Consolidated Balance Sheet, primarily as a result of the Company’s right to repurchase receivables sold. There were no borrowings or receivables pledged as collateral under the MARP Agreement as of January 2, 2016 and December 27, 2014 . As of January 2, 2016 , there was $42.6 million of availability under the MARP Agreement. Interest Rate Swap Agreements The Company has outstanding interest rate swap agreements with major financial institutions that effectively convert a portion of the Company’s variable-rate debt to a fixed rate. The swap agreements had a total U.S. dollar equivalent notional amount of $1,300.0 million at January 2, 2016 , December 27, 2014 and September 30, 2015 . Interest payments made between the effective date and expiration date are hedged by the swap agreements, except as noted below. The notional amount, effective date, expiration date and rate of each of these swap agreements are shown in the table below. Notional Amount (in millions) Effective Date (a) Expiration Date Fixed Rate $ 50 2/14/2012 2/14/2016 3.78 % 150 (b) 2/7/2012 5/7/2016 2.42 % 150 (c) 11/16/2009 5/16/2016 3.26 % 50 (b) 2/16/2010 5/16/2016 3.05 % 100 (b) 2/21/2012 5/23/2016 2.40 % 150 (c) 12/20/2011 6/20/2016 2.61 % 50 (d) 12/6/2012 9/6/2017 2.96 % 200 2/7/2014 11/7/2017 1.28 % 150 (b) 2/7/2017 5/7/2019 2.12 % 50 (b) 2/7/2017 5/7/2019 2.25 % 200 (c) 12/20/2016 6/20/2019 2.12 % (a) The effective date refers to the date on which interest payments were, or will be, first hedged by the applicable swap agreement. (b) Interest payments made during the three-month period of each year that begins with the month and day of the effective date are hedged by the swap agreement. (c) Interest payments made during the six-month period of each year that begins with the month and day of the effective date are hedged by the swap agreement. (d) Interest payments made during the nine-month period of each year that begins with the month and day of the effective date are hedged by the swap agreement. Estimated Fair Values A description of the methods and assumptions used to estimate the fair values of the Company’s debt instruments is as follows: Credit Facilities The interest rate currently available to the Company fluctuates with the applicable LIBO rate, prime rate or Federal Funds Effective Rate and thus the carrying value is a reasonable estimate of fair value. The fair value measurement for the new credit facilities was classified in Level 2 of the fair value hierarchy. 6.000% Senior Notes The fair value of the 6.000% Senior Notes can be determined based on the trading of the 6.000% Senior Notes in the open market. The difference between the carrying value and the fair value of the 6.000% Senior Notes represents the premium or discount on that date. Based on the trading value on or around January 2, 2016 , the fair value of the 6.000% Senior Notes was approximately $418.0 million . The fair value measurement for the 6.000% Senior Notes was classified in Level 1 of the fair value hierarchy. Accounts Receivable Pledged The interest rate on the short-term debt associated with accounts receivable pledged under the MARP Agreement fluctuates with the applicable LIBOR rate and thus the carrying value is a reasonable estimate of fair value. The fair value measurement for the MARP Agreement was classified in Level 2 of the fair value hierarchy. Weighted Average Interest Rate The weighted average interest rates on the Company’s debt were 5.0% and 4.3% for the three months ended January 2, 2016 and December 27, 2014 , respectively. The increase in the weighted average interest rate is due to the higher proportion of long-term fixed-rate borrowing in the Company’s debt mix in fiscal 2016.

RETIREMENT AND RETIREE MEDICAL

RETIREMENT AND RETIREE MEDICAL PLANS	3 Months Ended
	Jan. 02, 2016
Defined Contribution Pension and Other Postretirement Plans Disclosure [Abstract]
RETIREMENT AND RETIREE MEDICAL PLANS	RETIREMENT AND RETIREE MEDICAL PLANS The following summarizes the components of net periodic benefit cost for the retirement and retiree medical plans sponsored by the Company: THREE MONTHS ENDED JANUARY 2, 2016 DECEMBER 27, 2014 U.S. Pension International Pension U.S. Medical U.S. Pension International Pension U.S. Medical (In millions) Service cost $ — $ 0.3 $ 0.1 $ — $ 0.3 $ 0.1 Interest cost 1.1 1.7 0.3 1.0 1.9 0.3 Expected return on plan assets (1.2 ) (2.0 ) — (1.3 ) (2.3 ) — Net amortization 0.4 0.4 (0.3 ) 0.8 0.5 — Net periodic benefit cost $ 0.3 $ 0.4 $ 0.1 $ 0.5 $ 0.4 $ 0.4

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY	3 Months Ended
	Jan. 02, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Shareholders' Equity	SHAREHOLDERS’ EQUITY During the three months ended January 2, 2016 , Scotts Miracle-Gro did not repurchase any Common Shares pursuant to the $500.0 million share repurchase program approved by the Scotts Miracle-Gro Board of Directors in August 2014. The program allows for repurchases of Common Shares over a five-year period starting November 1, 2014 through September 30, 2019 . From the inception of this share repurchase program in the fourth quarter of fiscal 2014 through January 2, 2016 , Scotts Miracle-Gro has repurchased approximately 0.2 million Common Shares for $14.8 million . As of January 2, 2016 , the equity attributable to noncontrolling interest was $12.9 million compared to $12.4 million as of September 30, 2015 . The $0.5 million change is due to the net earnings from AeroGrow. Share-Based Awards The following is a summary of the share-based awards granted during the periods indicated: THREE MONTHS ENDED JANUARY 2, 2016 DECEMBER 27, 2014 Employees Restricted stock units 1,503 — Board of Directors Deferred stock units 1,304 1,355 Total share-based awards 2,807 1,355 Aggregate fair value at grant dates (in millions) $ 0.2 $ 0.1 Total share-based compensation was as follows for each of the periods presented: THREE MONTHS ENDED JANUARY 2, 2016 DECEMBER 27, 2014 (In millions) Share-based compensation $ 2.2 $ 2.1 Tax benefit recognized 0.8 0.8 Subsequent to January 2, 2016 , Scotts Miracle-Gro awarded performance share units, restricted stock units, deferred stock units and stock options covering 0.6 million Common Shares to employees and members of the Board of Directors with an estimated fair value of $14.8 million on the date of the grant.

INCOME TAXES

INCOME TAXES	3 Months Ended
	Jan. 02, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The effective tax rate related to continuing operations for the three months ended January 2, 2016 was 35.5% , compared to 36.0% for the three months ended December 27, 2014 . The effective tax rate used for interim reporting purposes is based on management’s best estimate of factors impacting the effective tax rate for the full fiscal year. There can be no assurance that the effective tax rate estimated for interim financial reporting purposes will approximate the effective tax rate determined at fiscal year end. Scotts Miracle-Gro or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction and various state, local and foreign jurisdictions. With few exceptions, which are discussed further below, the Company is no longer subject to examination by these tax authorities for fiscal years prior to 2012. The Company is currently under examination by the Internal Revenue Service and certain foreign and U.S. state and local tax authorities. The U.S. federal examination is limited to fiscal years 2011 and 2012 . Regarding the foreign jurisdictions, a German audit commenced in the third quarter of 2015 covering fiscal years 2009 through 2012 . In the first quarter of fiscal 2016, a Chinese (Wuhan) audit covering fiscal years 2012 through 2014 closed with no impact on the Company's consolidated financial position, results of operations or cash flows. In regard to the multiple U.S. state and local audits, the tax periods under examination are limited to fiscal years 2008 through 2013 . In addition to the aforementioned audits, certain other tax deficiency notices and refund claims for previous years remain unresolved. The Company currently anticipates that few of its open and active audits will be resolved within the next twelve months. The Company is unable to make a reasonably reliable estimate as to when or if cash settlements with taxing authorities may occur. Although audit outcomes and the timing of audit payments are subject to significant uncertainty, the Company does not anticipate that the resolution of these tax matters or any events related thereto will result in a material change to its consolidated financial position, results of operations or cash flows.

CONTINGENCIES

CONTINGENCIES	3 Months Ended
	Jan. 02, 2016
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIES Management regularly evaluates the Company’s contingencies, including various lawsuits and claims which arise in the normal course of business, product and general liabilities, workers’ compensation, property losses and other liabilities for which the Company is self-insured or retains a high exposure limit. Self-insurance reserves are established based on actuarial loss estimates for specific individual claims plus actuarially estimated amounts for incurred but not reported claims and adverse development factors applied to existing claims. Legal costs incurred in connection with the resolution of claims, lawsuits and other contingencies generally are expensed as incurred. In the opinion of management, the assessment of contingencies is reasonable and related reserves, in the aggregate, are adequate; however, there can be no assurance that final resolution of these matters will not have a material effect on the Company’s financial condition, results of operations or cash flows. Regulatory Matters At January 2, 2016 , $5.6 million was accrued in the “Other liabilities” line in the Condensed Consolidated Balance Sheets for environmental actions, the majority of which are for site remediation. The amounts accrued are believed to be adequate to cover such known environmental exposures based on current facts and estimates of likely outcomes. Although it is reasonably possible that the costs to resolve such known environmental exposures will exceed the amounts accrued, any variation from accrued amounts is not expected to be material. Other The Company has been named as a defendant in a number of cases alleging injuries that the lawsuits claim resulted from exposure to asbestos-containing products, apparently based on the Company’s historic use of vermiculite in certain of its products. In many of these cases, the complaints are not specific about the plaintiffs’ contacts with the Company or its products. The cases vary, but complaints in these cases generally seek unspecified monetary damages (actual, compensatory, consequential and punitive) from multiple defendants. The Company believes that the claims against it are without merit and is vigorously defending against them. It is not currently possible to reasonably estimate a probable loss, if any, associated with these cases and, accordingly, no reserves have been recorded in the Company’s condensed consolidated financial statements. The Company is reviewing agreements and policies that may provide insurance coverage or indemnity as to these claims and is pursuing coverage under some of these agreements and policies, although there can be no assurance of the results of these efforts. There can be no assurance that these cases, whether as a result of adverse outcomes or as a result of significant defense costs, will not have a material effect on the Company’s financial condition, results of operations or cash flows. In connection with the sale of wild bird food products that were the subject of a voluntary recall in 2008, the Company has been named as a defendant in four putative class actions filed on and after June 27, 2012, which have now been consolidated in the United States District Court for the Southern District of California as In re Morning Song Bird Food Litigation , Lead Case No. 3:12-cv-01592-JAH-RBB. The plaintiffs allege various statutory and common law claims associated with the Company’s sale of wild bird food products and a plea agreement entered into in previously pending government proceedings associated with such sales. The plaintiffs allege, among other things, a purported class action on behalf of all persons and entities in the United States who purchased certain bird food products. The plaintiffs assert hundreds of millions of dollars in monetary damages (actual, compensatory, consequential, and restitution), punitive and treble damages; injunctive and declaratory relief; pre-judgment and post-judgment interest; and costs and attorneys’ fees. The Company disputes the plaintiffs’ assertions and intends to vigorously defend the consolidated action. At this point in the proceedings, it is not currently possible to reasonably estimate a probable loss, if any, associated with the action and, accordingly, no reserves have been recorded in the Company’s condensed consolidated financial statements with respect to the action. There can be no assurance that this action, whether as a result of an adverse outcome or as a result of significant defense costs, will not have a material adverse effect on the Company’s financial condition, results of operations or cash flows. The Company is involved in other lawsuits and claims which arise in the normal course of business. These claims individually and in the aggregate are not expected to result in a material effect on the Company’s financial condition, results of operations or cash flows.

DERIVATIVE INSTRUMENTS AND HEDG

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	3 Months Ended
	Jan. 02, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES The Company is exposed to market risks, such as changes in interest rates, currency exchange rates and commodity prices. To manage a portion of the volatility related to these exposures, the Company enters into various financial transactions. The utilization of these financial transactions is governed by policies covering acceptable counterparty exposure, instrument types and other hedging practices. The Company does not hold or issue derivative financial instruments for speculative trading purposes. Exchange Rate Risk Management The Company uses currency forward contracts to manage the exchange rate risk associated with intercompany loans with foreign subsidiaries that are denominated in local currencies. At January 2, 2016 , the notional amount of outstanding currency forward contracts was $58.7 million , with a negative fair value of $0.8 million . At December 27, 2014 , the notional amount of outstanding currency forward contracts was $144.5 million , with a fair value of $1.2 million . At September 30, 2015 , the notional amount of outstanding currency forward contracts was $52.3 million , with a negative fair value of $0.7 million . The fair value of currency forward contracts is determined using forward rates in commonly quoted intervals for the full term of the contracts. The outstanding contracts will mature over the next fiscal year. Interest Rate Risk Management The Company enters into interest rate swap agreements as a means to hedge its variable interest rate risk on debt instruments. Net amounts to be received or paid under the swap agreements are reflected as adjustments to interest expense. Since the interest rate swap agreements have been designated as hedging instruments, unrealized gains or losses resulting from adjusting these swaps to fair value are recorded as elements of accumulated other comprehensive income (loss) (“AOCI”) within the Condensed Consolidated Balance Sheets except for any ineffective portion of the change in fair value, which is immediately recorded in interest expense. The fair value of the swap agreements is determined based on the present value of the estimated future net cash flows using implied rates in the applicable yield curve as of the valuation date. The Company has outstanding interest rate swap agreements with major financial institutions that effectively convert a portion of the Company’s variable-rate debt to a fixed rate. The swap agreements had a total U.S. dollar equivalent notional amount of $1,300.0 million at January 2, 2016 , December 27, 2014 and September 30, 2015 . Refer to “NOTE 6. DEBT” for the terms of the swap agreements outstanding at January 2, 2016 . Included in the AOCI balance at January 2, 2016 was a loss of $3.9 million related to interest rate swap agreements that is expected to be reclassified to earnings during the next twelve months, consistent with the timing of the underlying hedged transactions. Commodity Price Risk Management The Company enters into hedging arrangements designed to fix the price of a portion of its projected future urea requirements. The contracts are designated as hedges of the Company’s exposure to future cash flow fluctuations associated with the cost of urea. The objective of the hedges is to mitigate the earnings and cash flow volatility attributable to the risk of changing prices. Since the contracts have been designated as hedging instruments, unrealized gains or losses resulting from adjusting these contracts to fair value are recorded as elements of AOCI within the Condensed Consolidated Balance Sheets. Realized gains or losses remain as a component of AOCI until the related inventory is sold. Upon sale of the underlying inventory, the gain or loss is reclassified to cost of sales. Included in the AOCI balance at January 2, 2016 was a loss of $0.9 million related to urea derivatives that is expected to be reclassified to earnings during the next twelve months, consistent with the timing of the underlying hedged transactions. The Company also uses derivatives to partially mitigate the effect of fluctuating diesel and gasoline costs on operating results. These financial instruments are carried at fair value within the Condensed Consolidated Balance Sheets. Changes in the fair value of derivative contracts that qualify for hedge accounting are recorded in AOCI except for any ineffective portion of the change in fair value, which is immediately recorded in earnings. The effective portion of the change in fair value remains as a component of AOCI until the related fuel is consumed, at which time the accumulated gain or loss on the derivative contract is reclassified to cost of sales. Changes in the fair value of derivatives that do not qualify for hedge accounting are recorded as an element of cost of sales. At January 2, 2016 , there were no amounts included within AOCI. The Company had the following outstanding commodity contracts that were entered into to hedge forecasted purchases: COMMODITY JANUARY 2, 2016 DECEMBER 27, 2014 SEPTEMBER 30, 2015 Urea 30,000 tons 58,500 tons 52,500 tons Diesel 6,258,000 gallons 6,930,000 gallons 5,754,000 gallons Gasoline 504,000 gallons 462,000 gallons 504,000 gallons Heating Oil 2,520,000 gallons 7,728,000 gallons 2,772,000 gallons Fair Values of Derivative Instruments The fair values of the Company’s derivative instruments were as follows: ASSETS / (LIABILITIES) DERIVATIVES DESIGNATED AS HEDGING INSTRUMENTS JANUARY 2, DECEMBER 27, SEPTEMBER 30, BALANCE SHEET LOCATION FAIR VALUE (In millions) Interest rate swap agreements Other assets $ 0.1 $ 2.2 $ — Other current liabilities (7.4 ) (10.2 ) (8.8 ) Other liabilities (2.5 ) (5.2 ) (4.6 ) Commodity hedging instruments Prepaid and other current assets — 0.4 — Other current liabilities (1.4 ) — (1.3 ) Total derivatives designated as hedging instruments $ (11.2 ) $ (12.8 ) $ (14.7 ) DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS BALANCE SHEET LOCATION Currency forward contracts Prepaid and other current assets $ — $ 1.2 $ — Other current liabilities (0.8 ) — (0.7 ) Commodity hedging instruments Other current liabilities (6.2 ) (9.1 ) (3.9 ) Total derivatives not designated as hedging instruments (7.0 ) (7.9 ) (4.6 ) Total derivatives $ (18.2 ) $ (20.7 ) $ (19.3 ) The effect of derivative instruments on AOCI and the Condensed Consolidated Statements of Operations was as follows: DERIVATIVES IN CASH FLOW HEDGING RELATIONSHIPS AMOUNT OF GAIN / (LOSS) RECOGNIZED IN AOCI THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Interest rate swap agreements $ 1.7 $ (1.7 ) Commodity hedging instruments (0.4 ) 0.6 Total $ 1.3 $ (1.1 ) DERIVATIVES IN CASH FLOW HEDGING RELATIONSHIPS RECLASSIFIED FROM AOCI INTO STATEMENT OF OPERATIONS AMOUNT OF GAIN / (LOSS) THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Interest rate swap agreements Interest expense $ (1.0 ) $ (1.0 ) Commodity hedging instruments Cost of sales 0.2 — Total $ (0.8 ) $ (1.0 ) DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS RECOGNIZED IN STATEMENT OF OPERATIONS AMOUNT OF GAIN / (LOSS) THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Currency forward contracts Other income, net $ (0.8 ) $ 3.1 Commodity hedging instruments Cost of sales (3.5 ) (8.3 ) Total $ (4.3 ) $ (5.2 )

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Jan. 02, 2016
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or the most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. A three-level fair value hierarchy prioritizes the inputs used to measure fair value. The hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows: Level 1 — Quoted prices in active markets for identical assets or liabilities. Level 2 — Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The following describes the valuation methodologies used for financial assets and liabilities measured at fair value on a recurring basis, as well as the general classification within the valuation hierarchy. Derivatives Derivatives consist of currency, interest rate and commodity derivative instruments. Currency forward contracts are valued using observable forward rates in commonly quoted intervals for the full term of the contracts. Interest rate swap agreements are valued based on the present value of the estimated future net cash flows using implied rates in the applicable yield curve as of the valuation date. Commodity contracts are measured using observable commodity exchange prices in active markets. These derivative instruments are classified within Level 2 of the valuation hierarchy and are included within other assets and other liabilities in the Company’s Condensed Consolidated Balance Sheets, except for derivative instruments expected to be settled within the next 12 months, which are included within prepaid and other current assets and other current liabilities. Cash Equivalents Cash equivalents consist of highly liquid financial instruments with original maturities of three months or less. The carrying value of these cash equivalents approximates fair value due to their short-term maturities. Other Other financial assets consist of investment securities in non-qualified retirement plan assets. These securities are valued using observable market prices in active markets. The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis at January 2, 2016 : Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total (In millions) Assets Cash equivalents $ 20.2 $ — $ — $ 20.2 Derivatives Interest rate swap agreements — 0.1 — 0.1 Other 10.4 — — 10.4 Total $ 30.6 $ 0.1 $ — $ 30.7 Liabilities Derivatives Interest rate swap agreements $ — $ (9.9 ) $ — $ (9.9 ) Currency forward contracts — (0.8 ) — (0.8 ) Commodity hedging instruments — (7.6 ) — (7.6 ) Total $ — $ (18.3 ) $ — $ (18.3 ) The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis at December 27, 2014 : Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total (In millions) Assets Cash equivalents $ 88.8 $ — $ — $ 88.8 Derivatives Interest rate swap agreements — 2.2 — 2.2 Currency forward contracts — 1.2 — 1.2 Commodity hedging instruments — 0.4 — 0.4 Other 10.1 — — 10.1 Total $ 98.9 $ 3.8 $ — $ 102.7 Liabilities Derivatives Interest rate swap agreements $ — $ (15.4 ) $ — $ (15.4 ) Commodity hedging instruments — (9.1 ) — (9.1 ) Total $ — $ (24.5 ) $ — $ (24.5 ) The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis at September 30, 2015 : Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total (In millions) Assets Cash equivalents $ 28.6 $ — $ — $ 28.6 Other 8.9 — — 8.9 Total $ 37.5 $ — $ — $ 37.5 Liabilities Derivatives Interest rate swap agreements $ — $ (13.4 ) $ — $ (13.4 ) Currency forward contracts — (0.7 ) — (0.7 ) Commodity hedging instruments — (5.2 ) — (5.2 ) Total $ — $ (19.3 ) $ — $ (19.3 )

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Jan. 02, 2016
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Company divides its business into two segments: Global Consumer and Scotts LawnService ® . This division of reportable segments is consistent with how the segments report to and are managed by the chief operating decision maker of the Company. Segment performance is evaluated on several factors, including income (loss) before amortization, impairment, restructuring and other charges, which is not a GAAP measure. Senior management uses this measure of operating profit (loss) to evaluate segment performance because the Company believes this measure is most indicative of performance trends and the overall earnings potential of each segment. Corporate & Other consists of revenues and expenses associated with the Company’s supply agreements with Israel Chemicals, Ltd. (“ICL”), as well as corporate, general and administrative expenses and certain other income/expense items not allocated to the business segments. Corporate & Other assets primarily include deferred financing and debt issuance costs and corporate intangible assets, as well as deferred tax assets. The following tables present summarized financial information concerning the Company’s reportable segments for the periods indicated: THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Net sales: Global Consumer $ 189.0 $ 163.6 Scotts LawnService ® 51.2 46.7 Segment total 240.2 210.3 Corporate & Other 5.5 5.9 Consolidated $ 245.7 $ 216.2 Income (loss) before income taxes: Global Consumer $ (63.1 ) $ (74.2 ) Scotts LawnService ® 0.5 1.5 Segment total (62.6 ) (72.7 ) Corporate & Other (23.7 ) (20.2 ) Intangible asset amortization (4.4 ) (3.5 ) Impairment, restructuring and other (9.5 ) (9.6 ) Costs related to refinancing (8.8 ) — Interest expense (16.3 ) (9.7 ) Consolidated $ (125.3 ) $ (115.7 ) JANUARY 2, DECEMBER 27, SEPTEMBER 30, (In millions) Total assets: Global Consumer $ 2,337.7 $ 1,833.7 $ 2,124.7 Scotts LawnService ® 197.6 191.8 222.5 Corporate & Other 192.1 239.7 180.0 Consolidated $ 2,727.4 $ 2,265.2 $ 2,527.2

OTHER (Notes)

OTHER (Notes)	3 Months Ended
	Jan. 02, 2016
Subsequent Events [Abstract]
Other [Text Block]	Scotts LawnService ® and TruGreen Holding Corporation Joint Venture On December 10, 2015, the Company entered into a definitive agreement to contribute Scotts LawnService ® into a joint venture with TruGreen Holding Corporation (“TruGreen Holdings”). Under the terms of the Contribution and Distribution Agreement, by and among the Company and TruGreen Holdings (the “Contribution Agreement”), the Company has agreed to contribute the Scotts lawn service business (the “SLS Business”) to a newly formed subsidiary (the “Joint Venture”) of TruGreen Holdings, in exchange for a minority equity interest of approximately 30.6% in the Joint Venture, subject to potential adjustment at closing under certain specified circumstances. A subsidiary of TruGreen Holdings has obtained debt financing commitments, pursuant to which the Joint Venture would, at closing, obtain debt financing (the “Debt Financing”) and, subject to the terms of the Contribution Agreement, the Joint Venture would make a pro rata distribution of cash to the Company and TruGreen Holdings (collectively, the “Transactions”). In addition, at the closing of the Contribution, the Company and TruGreen Holdings, will either directly or through their subsidiaries, enter into a limited liability company agreement (the “LLC Agreement”) governing the management of the Joint Venture. The parties’ obligations to consummate the Transactions, which is currently expected to close by the end of the second quarter of the Company’s 2016 fiscal year, are conditioned upon, among other things, (i) the expiration or termination of all applicable waiting periods and clearances pursuant to certain U.S. antitrust approvals, (ii) the funding of the Debt Financing, (iii) the receipt by the Joint Venture of a solvency opinion as to the distribution of cash to the Company and TruGreen Holdings, and (iv) the delivery of certain ancillary agreements, including the LLC Agreement. The Contribution Agreement also includes customary representations, warranties and covenants. Among other things, the Company has agreed (i) to certain customary restrictions on the conduct of the business of the SLS Business prior to the closing date of the Contribution Agreement, (ii) to cooperate with TruGreen Holdings’ efforts to secure certain financing, and (iii) not to compete with the business of the Joint Venture within the scope of the existing SLS Business and certain adjacent specified activities for a period beginning on the closing date of the Contribution Agreement and ending two years from the date on which the Company no longer has the right to designate any directors to the board of the Joint Venture. The Joint Venture has also agreed not to compete against the business of the Company (except to the extent TruGreen Holdings may be doing so already) for the same period. The Contribution Agreement provides for certain termination rights, including the right to terminate the Contribution Agreement in the event of breach or failure to perform certain covenants. The Contribution Agreement further provides that the parties may terminate the Contribution Agreement if the Transaction has not been consummated by May 30, 2016. In connection with the termination of the Contribution Agreement under specified circumstances, TruGreen Holdings may be required to pay the Company a fee of $15 million . Investment in Bonnie Plants, Inc. On February 1, 2016, the Company entered into definitive agreements with Bonnie Plants, Inc. (“Bonnie”) and its sole shareholder, Alabama Farmers Cooperative (“AFC”), to participate in Bonnie’s business of planting, growing, developing, manufacturing, distributing, marketing and selling live plants, plant food, fertilizer and potting soil (the “Bonnie Business”). The Company’s participation includes a Term Loan Agreement from the Company to AFC, with Bonnie as guarantor, in the amount of $72.0 million (the “Term Loan”) as well as a Marketing, R&D and Ancillary Services Agreement among the Company, Bonnie and AFC (the “Services Agreement”) pursuant to which the Company will provide marketing, research and development and certain ancillary services to the Bonnie Business for a commission fee earned from the profits of the Bonnie Business and reimbursement of certain costs. The agreements also include multiple options that provide mechanisms for either (i) the Company to increase its economic interest in the Bonnie Business or (ii) AFC and Bonnie to repurchase the Company’s economic interest in the Bonnie Business. While the board of the AFC has approved the deal, closing is dependent upon approval from the members of AFC as well as the refinancing of AFC’s existing indebtedness.

FINANCIAL INFORMATION FOR SUBSI

FINANCIAL INFORMATION FOR SUBSIDIARY GUARANTORS AND NON-GUARANTORS	3 Months Ended
	Jan. 02, 2016
Condensed Financial Information of Parent Subsidiary Guarantors and Subsidiary Non Guarantors [Abstract]
FINANCIAL INFORMATION FOR SUBSIDIARY GUARANTORS AND NON-GUARANTORS	FINANCIAL INFORMATION FOR SUBSIDIARY GUARANTORS AND NON-GUARANTORS The 6.000% Senior Notes were issued on October 13, 2015 and are guaranteed by certain of the Company’s domestic subsidiaries and, therefore, the Company reports condensed consolidating financial information in accordance with SEC Regulation S-X Rule 3-10, Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered. On January 15, 2014 and December 15, 2015, Scotts Miracle-Gro redeemed, respectively, all of its outstanding $200.0 million aggregate principal amount of 7.25% Senior Notes and $200.0 million aggregate principal amount of 6.625% Senior Notes, each of which were previously guaranteed by certain of its domestic subsidiaries. The guarantees are “full and unconditional,” as those terms are used in Regulation S-X Rule 3-10, except that a subsidiary’s guarantee will be released in certain customary circumstances, such as (1) upon any sale or other disposition of all or substantially all of the assets of the subsidiary (including by way of merger or consolidation) to any person other than Scotts Miracle-Gro or any “restricted subsidiary” under the indenture governing the 6.00% Senior Notes; (2) if the subsidiary merges with and into Scotts Miracle-Gro, with Scotts Miracle-Gro surviving such merger; (3) if the subsidiary is designated an “unrestricted subsidiary” in accordance with the indenture governing the 6.000% Senior Notes or otherwise ceases to be a “restricted subsidiary” (including by way of liquidation or dissolution) in a transaction permitted by such indenture; (4) upon legal or covenant defeasance; (5) at the election of Scotts Miracle-Gro following the subsidiary’s release as a guarantor under the new credit agreement, except a release by or as a result of the repayment of the new credit agreement; or (6) if the subsidiary ceases to be a “restricted subsidiary” and the subsidiary is not otherwise required to provide a guarantee of the 6.000% Senior Notes pursuant to the indenture governing the 6.000% Senior Notes. HGCI, Inc. and GenSource, Inc. were added as guarantors effective in the three month period ending January 2, 2016 and have been classified as Guarantors for all periods presented. HGCI, Inc. and GenSource, Inc. did not have any activity for the first quarter of 2015. The following 100% directly or indirectly owned subsidiaries fully and unconditionally guarantee at January 2, 2016 the 6.000% Senior Notes on a joint and several basis: EG Systems, Inc.; Gutwein & Co., Inc.; Hyponex Corporation; Miracle-Gro Lawn Products, Inc.; OMS Investments, Inc.; Rod McLellan Company; Sanford Scientific, Inc.; Scotts Temecula Operations, LLC; Scotts Manufacturing Company; Scotts Products Co.; Scotts Professional Products Co.; Scotts-Sierra Investments LLC; SMG Growing Media, Inc.; Swiss Farms Products, Inc.; SMGM LLC; SLS Franchise Systems LLC; The Scotts Company LLC; The Hawthorne Gardening Company; Hawthorne Hydroponics LLC; HGCI, Inc.; and GenSource, Inc. (collectively, the “Guarantors”). The following information presents Condensed Consolidating Statements of Operations for the three months ended January 2, 2016 and December 27, 2014 , Condensed Consolidating Statements of Comprehensive Income (Loss) for the three months ended January 2, 2016 and December 27, 2014 , Condensed Consolidating Statements of Cash Flows for the three months ended January 2, 2016 and December 27, 2014 , and Condensed Consolidating Balance Sheets as of January 2, 2016 , December 27, 2014 and September 30, 2015 . The condensed consolidating financial information presents, in separate columns, financial information for: Scotts Miracle-Gro on a Parent-only basis, carrying its investment in subsidiaries under the equity method; Guarantors on a combined basis, carrying their investments in subsidiaries which do not guarantee the debt (collectively, the “Non-Guarantors”) under the equity method; Non-Guarantors on a combined basis; and eliminating entries. The eliminating entries primarily reflect intercompany transactions, such as interest expense, accounts receivable and payable, short and long-term debt, and the elimination of equity investments, return on investments and income in subsidiaries. Because the Parent is obligated to pay the unpaid principal amount and interest on all amounts borrowed by the Guarantors or Non-Guarantors under the credit facility (and was obligated to pay the unpaid principal amount and interest on all amounts borrowed by the Guarantors and Non-Guarantors under the previous senior secured five-year revolving loan facility), the borrowings and related interest expense for the loans outstanding of the Guarantors and Non-Guarantors are also presented in the accompanying Parent-only financial information, and are then eliminated. Included in the Parent Condensed Consolidating Statement of Cash Flows for the three months ended January 2, 2016 and December 27, 2014 are $242.2 million and $48.9 million , respectively, of dividends paid by the Guarantors and Non-Guarantors to the Parent representing return on investments and as such are classified within cash flows from operating activities. THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Operations for the three months ended January 2, 2016 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated Net sales $ — $ 181.5 $ 64.2 $ — $ 245.7 Cost of sales — 150.1 48.0 — 198.1 Cost of sales—impairment, restructuring and other — 5.0 — — 5.0 Gross profit — 26.4 16.2 — 42.6 Operating expenses: Selling, general and administrative — 110.4 28.7 0.4 139.5 Impairment, restructuring and other — 4.2 0.1 — 4.3 Other income, net — (1.7 ) 0.7 — (1.0 ) Loss from operations — (86.5 ) (13.3 ) (0.4 ) (100.2 ) Equity income in subsidiaries 68.0 2.6 — (70.6 ) — Other non-operating income (4.6 ) — (6.0 ) 10.6 — Costs related to refinancing 8.8 — — — 8.8 Interest expense 16.0 10.0 0.9 (10.6 ) 16.3 Loss before income taxes (88.2 ) (99.1 ) (8.2 ) 70.2 (125.3 ) Income tax benefit (7.2 ) (34.3 ) (3.0 ) — (44.5 ) Net loss $ (81.0 ) $ (64.8 ) $ (5.2 ) $ 70.2 $ (80.8 ) Net income attributable to noncontrolling interest — — — 0.5 0.5 Net loss attributable to controlling interest $ (81.0 ) $ (64.8 ) $ (5.2 ) $ 69.7 $ (81.3 ) THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Comprehensive Income (Loss) for the three months ended January 2, 2016 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated Net loss $ (81.0 ) $ (64.8 ) $ (5.2 ) $ 70.2 $ (80.8 ) Other comprehensive income (loss), net of tax: Net foreign currency translation adjustment (2.8 ) — (2.8 ) 2.8 (2.8 ) Net change in derivatives 2.1 (0.6 ) — 0.6 2.1 Net change in pension and other post-retirement benefits 0.5 0.3 0.2 (0.5 ) 0.5 Total other comprehensive income (loss) (0.2 ) (0.3 ) (2.6 ) 2.9 (0.2 ) Comprehensive loss $ (81.2 ) $ (65.1 ) $ (7.8 ) $ 73.1 $ (81.0 ) THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Cash Flows for the three months ended January 2, 2016 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (a) $ 233.1 $ (271.9 ) $ (57.6 ) $ (242.2 ) $ (338.6 ) INVESTING ACTIVITIES Proceeds from sale of long-lived assets — 0.1 — — 0.1 Investments in property, plant and equipment — (13.4 ) (2.7 ) — (16.1 ) Investing cash flows from (to) affiliates (395.0 ) — — 395.0 — Investment in unconsolidated affiliates — (0.8 ) — — (0.8 ) Net cash used in investing activities (395.0 ) (14.1 ) (2.7 ) 395.0 (16.8 ) FINANCING ACTIVITIES Borrowings under revolving and bank lines of credit and term loans — 873.1 51.2 — 924.3 Repayments under revolving and bank lines of credit and term loans — (741.5 ) (9.7 ) — (751.2 ) Proceeds from issuance of 6.000% Senior Notes 400.0 — — — 400.0 Repayment of 6.625% Senior Notes (200.0 ) — — — (200.0 ) Financing and issuance fees (10.5 ) — — — (10.5 ) Dividends paid (28.9 ) (242.2 ) — 242.2 (28.9 ) Payments on seller notes — (0.8 ) — — (0.8 ) Excess tax benefits from share-based payment arrangements 0.1 — — — 0.1 Cash received from the exercise of stock options 1.2 — — — 1.2 Financing cash flows from (to) affiliates — 393.5 1.5 (395.0 ) — Net cash provided by (used in) financing activities 161.9 282.1 43.0 (152.8 ) 334.2 Effect of exchange rate changes on cash — — (1.2 ) — (1.2 ) Net increase (decrease) in cash and cash equivalents — (3.9 ) (18.5 ) — (22.4 ) Cash and cash equivalents at beginning of period — 8.2 63.2 — 71.4 Cash and cash equivalents at end of period $ — $ 4.3 $ 44.7 $ — $ 49.0 (a) Cash received by the Parent from the Guarantors in the form of dividends in the amount of $242.2 million represent return on investments and are included in cash flows from operating activities. THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Balance Sheet As of January 2, 2016 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 4.3 $ 44.7 $ — $ 49.0 Accounts receivable, net — 118.9 87.5 — 206.4 Inventories — 628.2 131.0 — 759.2 Prepaid and other current assets — 95.7 37.7 — 133.4 Total current assets — 847.1 300.9 — 1,148.0 Property, plant and equipment, net — 396.0 53.2 — 449.2 Goodwill — 409.6 11.8 11.6 433.0 Intangible assets, net — 613.5 33.2 11.3 658.0 Other assets 22.3 17.4 14.8 (15.3 ) 39.2 Equity investment in subsidiaries 396.7 — — (396.7 ) — Intercompany assets 1,619.4 — — (1,619.4 ) — Total assets $ 2,038.4 $ 2,283.6 $ 413.9 $ (2,008.5 ) $ 2,727.4 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Current portion of debt $ 15.0 $ 18.3 $ 10.5 $ (15.0 ) $ 28.8 Accounts payable — 179.1 54.4 — 233.5 Other current liabilities 15.6 105.8 61.9 — 183.3 Total current liabilities 30.6 303.2 126.8 (15.0 ) 445.6 Long-term debt 1,491.5 966.1 137.5 (1,091.5 ) 1,503.6 Other liabilities 2.4 228.7 30.6 (10.2 ) 251.5 Equity investment in subsidiaries — 183.1 — (183.1 ) — Intercompany liabilities — 449.3 45.4 (494.7 ) — Total liabilities 1,524.5 2,130.4 340.3 (1,794.5 ) 2,200.7 Total shareholders’ equity - controlling interest 513.9 153.2 73.6 (226.9 ) 513.8 Noncontrolling interest — — — 12.9 12.9 Total equity 513.9 153.2 73.6 (214.0 ) 526.7 Total liabilities and equity $ 2,038.4 $ 2,283.6 $ 413.9 $ (2,008.5 ) $ 2,727.4 THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Operations for the three months ended December 27, 2014 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated Net sales $ — $ 146.5 $ 69.7 $ — $ 216.2 Cost of sales — 130.5 56.4 — 186.9 Gross profit — 16.0 13.3 — 29.3 Operating expenses: Selling, general and administrative — 94.5 31.9 0.5 126.9 Impairment, restructuring and other — 8.9 0.7 — 9.6 Other income, net — (1.2 ) — — (1.2 ) Loss from operations — (86.2 ) (19.3 ) (0.5 ) (106.0 ) Equity income in subsidiaries 69.2 3.4 — (72.6 ) — Other non-operating income (4.5 ) — (5.5 ) 10.0 — Interest expense 11.2 8.3 0.2 (10.0 ) 9.7 Loss before income taxes (75.9 ) (97.9 ) (14.0 ) 72.1 (115.7 ) Income tax benefit (2.4 ) (33.9 ) (5.4 ) — (41.7 ) Net loss $ (73.5 ) $ (64.0 ) $ (8.6 ) $ 72.1 $ (74.0 ) Net income attributable to noncontrolling interest — — — (0.6 ) (0.6 ) Net loss attributable to controlling interest $ (73.5 ) $ (64.0 ) $ (8.6 ) $ 71.5 $ (74.6 ) THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Comprehensive Income (Loss) for the three months ended December 27, 2014 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated Net loss $ (73.5 ) $ (64.0 ) $ (8.6 ) $ 72.1 $ (74.0 ) Other comprehensive income (loss), net of tax: Net foreign currency translation adjustment (3.0 ) — (3.0 ) 3.0 (3.0 ) Net change in derivatives (0.1 ) 0.6 — (0.6 ) (0.1 ) Net change in pension and other post-retirement benefits 0.8 0.5 0.3 (0.8 ) 0.8 Total other comprehensive income (loss) (2.3 ) 1.1 (2.7 ) 1.6 (2.3 ) Comprehensive loss $ (75.8 ) $ (62.9 ) $ (11.3 ) $ 73.7 $ (76.3 ) THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Cash Flows for the three months ended December 27, 2014 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (a) $ 24.9 $ (198.6 ) $ (40.2 ) $ (53.1 ) $ (267.0 ) INVESTING ACTIVITIES Investments in property, plant and equipment — (12.4 ) (2.1 ) — (14.5 ) Investments in acquired businesses, net of cash acquired — (11.1 ) — — (11.1 ) Net cash used in investing activities — (23.5 ) (2.1 ) — (25.6 ) FINANCING ACTIVITIES Borrowings under revolving and bank lines of credit and term loans — 480.7 58.9 — 539.6 Repayments under revolving and bank lines of credit and term loans — (156.5 ) (10.6 ) — (167.1 ) Dividends paid (27.4 ) (48.9 ) (3.7 ) 52.6 (27.4 ) Purchase of Common Shares (14.8 ) — — — (14.8 ) Excess tax benefits from share-based payment arrangements — 0.5 — — 0.5 Cash received from the exercise of stock options 6.2 — — — 6.2 Intercompany financing 11.1 (12.9 ) 1.3 0.5 — Net cash provided by (used in) financing activities (24.9 ) 262.9 45.9 53.1 337.0 Effect of exchange rate changes on cash — — (3.6 ) — (3.6 ) Net increase (decrease) in cash and cash equivalents — 40.8 — — 40.8 Cash and cash equivalents at beginning of period — 23.1 66.2 — 89.3 Cash and cash equivalents at end of period $ — $ 63.9 $ 66.2 $ — $ 130.1 (a) Cash received by the Parent from its subsidiaries in the form of dividends in the amount of $48.9 million represent return on investments and are included in cash flows from operating activities. Cash received by the Guarantors from the Non-Guarantors in the form of dividends in the amount of $3.7 million represent return on investments and are included in the cash flows from operating activities. THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Balance Sheet As of December 27, 2014 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 63.9 $ 66.2 $ — $ 130.1 Accounts receivable, net — 97.7 87.7 — 185.4 Inventories — 547.2 135.6 — 682.8 Prepaid and other current assets — 84.8 42.8 — 127.6 Total current assets — 793.6 332.3 — 1,125.9 Property, plant and equipment, net — 370.4 64.0 — 434.4 Goodwill — 346.3 6.4 11.6 364.3 Intangible assets, net — 247.4 48.5 13.0 308.9 Other assets 21.1 16.0 27.5 (32.9 ) 31.7 Equity investment in subsidiaries 300.7 — — (300.7 ) — Intercompany assets 1,266.6 — — (1,266.6 ) — Total assets $ 1,588.4 $ 1,773.7 $ 478.7 $ (1,575.6 ) $ 2,265.2 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Current portion of debt $ — $ 16.0 $ 20.6 $ — $ 36.6 Accounts payable — 162.7 57.3 — 220.0 Other current liabilities 13.6 77.3 74.4 — 165.3 Total current liabilities 13.6 256.0 152.3 — 421.9 Long-term debt 1,122.9 888.4 44.8 (922.8 ) 1,133.3 Other liabilities 5.1 224.9 47.0 (27.9 ) 249.1 Equity investment in subsidiaries — 99.0 — (99.0 ) — Intercompany liabilities — 257.5 87.1 (344.6 ) — Total liabilities 1,141.6 1,725.8 331.2 (1,394.3 ) 1,804.3 Total shareholders’ equity - controlling interest 446.8 47.9 147.5 (195.4 ) 446.8 Noncontrolling interest — — — 14.1 14.1 Total equity 446.8 47.9 147.5 (181.3 ) 460.9 Total liabilities and equity $ 1,588.4 $ 1,773.7 $ 478.7 $ (1,575.6 ) $ 2,265.2 THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Balance Sheet As of September 30, 2015 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 8.2 $ 63.2 $ — $ 71.4 Accounts receivable, net — 96.9 94.4 — 191.3 Accounts receivable pledged — 152.9 — — 152.9 Inventories — 318.7 88.9 — 407.6 Prepaid and other current assets — 90.7 34.7 — 125.4 Total current assets — 667.4 281.2 — 948.6 Property, plant and equipment, net — 397.6 56.1 — 453.7 Goodwill — 408.8 12.0 11.6 432.4 Intangible assets, net — 617.0 34.8 11.7 663.5 Other assets 16.3 15.0 15.0 (17.3 ) 29.0 Equity investment in subsidiaries 461.3 — — (461.3 ) — Intercompany assets 1,179.4 — — (1,179.4 ) — Total assets $ 1,657.0 $ 2,105.8 $ 399.1 $ (1,634.7 ) $ 2,527.2 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Current portion of debt $ — $ 125.1 $ 9.7 $ — $ 134.8 Accounts payable — 141.5 56.4 — 197.9 Other current liabilities 15.5 191.9 73.0 — 280.4 Total current liabilities 15.5 458.5 139.1 — 613.1 Long-term debt 1,016.3 728.4 100.1 (816.3 ) 1,028.5 Other liabilities 4.5 228.0 32.3 (12.3 ) 252.5 Equity investment in subsidiaries — 156.2 — (156.2 ) — Intercompany liabilities — 296.5 47.6 (344.1 ) — Total liabilities 1,036.3 1,867.6 319.1 (1,328.9 ) 1,894.1 Total shareholders’ equity - controlling interest 620.7 238.2 80.0 (318.2 ) 620.7 Noncontrolling interest — — — 12.4 12.4 Total equity 620.7 238.2 80.0 (305.8 ) 633.1 Total liabilities and equity $ 1,657.0 $ 2,105.8 $ 399.1 $ (1,634.7 ) $ 2,527.2

SUMMARY OF SIGNIFICANT ACCOUN23

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Jan. 02, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Nature of Operations The Scotts Miracle-Gro Company (“Scotts Miracle-Gro” or “Parent”) and its subsidiaries (collectively, together with Scotts Miracle-Gro, the “Company”) are engaged in the manufacturing, marketing and sale of consumer branded products for lawn and garden care. The Company’s primary customers include home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, food and drug stores, and indoor gardening and hydroponic stores. The Company’s products are sold primarily in North America and the European Union. The Company also operates the Scotts LawnService ® business, which provides residential and commercial lawn care, tree and shrub care and pest control services in the United States. Due to the nature of the consumer lawn and garden business, the majority of the Company’s sales to customers occur in the Company’s second and third fiscal quarters. On a combined basis, net sales for the second and third quarters of the last three fiscal years represented in excess of 75% of annual net sales. The Company follows a 13-week quarterly accounting cycle pursuant to which the first three fiscal quarters end on a Saturday and the fiscal year always ends on September 30. This fiscal calendar convention requires the Company to cycle forward the first three fiscal quarter ends every six years. Fiscal 2016 is the most recent year impacted by this process and, as a result, the first quarter of fiscal 2016 will have six additional days and the fourth quarter of fiscal 2016 will have five less days compared to the respective quarters of fiscal 2015. The Company’s first quarter of fiscal 2016 ended on January 2, 2016 while the first quarter of fiscal 2015 ended on December 27, 2014 .
Organization and Basis of Presentation	Organization and Basis of Presentation The Company’s unaudited condensed consolidated financial statements for the three months ended January 2, 2016 and December 27, 2014 are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The condensed consolidated financial statements include the accounts of Scotts Miracle-Gro and its subsidiaries. All intercompany transactions and accounts have been eliminated in consolidation. The Company’s consolidation criteria are based on majority ownership (as evidenced by a majority voting interest in the entity) and an objective evaluation and determination of effective management control. AeroGrow International, Inc. (“AeroGrow”), in which the Company has a controlling interest, is consolidated, with the equity owned by other shareholders shown as noncontrolling interest in the Condensed Consolidated Balance Sheets, and the other shareholders’ portion of net earnings and other comprehensive income shown as net income (loss) or comprehensive income attributable to noncontrolling interest in the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income (Loss), respectively. In the opinion of management, interim results reflect all normal and recurring adjustments and are not necessarily indicative of results for a full year. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted or condensed pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, this report should be read in conjunction with Scotts Miracle-Gro’s Annual Report on Form 10-K for the fiscal year ended September 30, 2015 (the “2015 Annual Report”), which includes a complete set of footnote disclosures, including the Company’s significant accounting policies.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes and related disclosures. Although these estimates are based on management’s best knowledge of current events and actions the Company may undertake in the future, actual results ultimately may differ from the estimates.
Long-lived Assets	Long-lived Assets The Company had noncash investing activities of $2.7 million and $3.0 million during the three months ended January 2, 2016 and December 27, 2014 , respectively, representing unpaid liabilities incurred during each period to acquire property, plant and equipment.
Recent Accounting Pronouncements	RECENT ACCOUNTING PRONOUNCEMENTS Revenue Recognition from Contracts with Customers In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers . This guidance requires companies to recognize revenue in a manner that depicts the transfer of promised goods or services to customers in amounts that reflect the consideration to which a company expects to be entitled in exchange for those goods or services. The new standard also will result in enhanced disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The provisions are effective for the Company’s financial statements no later than the fiscal year beginning October 1, 2018. The standard allows for either a full retrospective or a modified retrospective transition method. The Company is currently evaluating the impact of this standard on its consolidated results of operations, financial position and cash flows. Discontinued Operations Reporting In April 2014, the FASB issued an accounting standard update that amends the accounting guidance related to discontinued operations. This amendment defines discontinued operations as a component or group of components that is disposed of or is classified as held for sale and represents a strategic shift that has or will have a major effect on an entity’s operations and financial results. This amendment also introduces new disclosures for disposals that do not meet the criteria of discontinued operations. The provisions are effective for fiscal years beginning after December 15, 2014 and apply to new disposals and new classifications of disposal groups as held for sale after the effective date. The adoption of the amended guidance impacts presentation and disclosure of future divestitures and did not have a significant impact on the Company’s consolidated financial position, results of operations or cash flows as of January 2, 2016 . Going Concern In April 2014, the FASB issued a new accounting standard that requires management to assess if there is substantial doubt about an entity’s ability to continue as a going concern for each annual and interim period. If conditions or events give rise to substantial doubt, disclosures are required. The new accounting standard will be effective as of December 31, 2016 and is not expected to have an impact on the Company’s financial statement disclosures. Inventory In July 2015, the FASB issued an accounting standard update that requires inventory to be measured “at the lower of cost and net realizable value,” thereby simplifying the current guidance that requires inventory to be measured at the lower of cost or market (market in this context is defined as one of three different measures, one of which is net realizable value). The provisions are effective prospectively for fiscal years beginning after December 15, 2016 and are not expected to have a significant impact on the Company’s consolidated financial position, results of operations or cash flows. Debt Issuance Costs In April 2015, the FASB issued an accounting standard update that requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the corresponding debt liability rather than as an asset. The provisions are effective for fiscal years beginning after December 15, 2015 and require retrospective application. The adoption of the amended guidance impacts presentation and disclosure of debt issuance costs and is not expected to have a significant impact on the Company’s consolidated financial position, results of operations or cash flows. Cloud Computing Arrangements In April 2015, the FASB issued an accounting standard update that clarifies how customers in cloud computing arrangements should determine whether the arrangement includes a software license, and requires acquired software licenses to be accounted for as licenses of intangible assets. The provisions are effective for fiscal years beginning after December 15, 2015 and are not expected to have a significant impact on the Company’s consolidated financial position, results of operations or cash flows. Business Combinations In September 2015, the FASB issued an accounting standard update to simplify the accounting for measurement-period adjustments by requiring an acquirer to recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, and requiring disclosure of the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The provisions are effective prospectively for the Company’s financial statements no later than the fiscal year beginning October 1, 2016 and are not expected to have a significant impact on the Company’s consolidated financial position, results of operations or cash flows. Income Taxes In November 2015, the FASB issued an accounting standard update to simplify the presentation of deferred income taxes by requiring that deferred income tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The provisions are effective for the Company’s financial statements no later than the fiscal year beginning October 1, 2017. The standard allows for either a retrospective or prospective transition method and is not expected to have a significant impact on the Company’s consolidated financial position, results of operations or cash flows.

IMPAIRMENT, RESTRUCTURING AND24

IMPAIRMENT, RESTRUCTURING AND OTHER (Tables)	3 Months Ended
	Jan. 02, 2016
Restructuring, Impairment, and Other Activities Disclosure [Abstract]
Summary of Activities Related to Liabilities Associated with Restructuring and Other Charges	The following table details impairment, restructuring and other for each of the periods presented: THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Restructuring and other charges $ 9.3 $ 9.6 Goodwill and intangible asset impairments — — Total impairment, restructuring and other $ 9.3 $ 9.6 The following table summarizes the activity related to liabilities associated with the restructuring and other charges during the three months ended January 2, 2016 (in millions): Amounts reserved for restructuring and other charges at September 30, 2015 $ 28.1 Restructuring and other charges 9.3 Payments and other (19.5 ) Amounts reserved for restructuring and other charges at January 2, 2016 $ 17.9

INVENTORIES (Tables)

INVENTORIES (Tables)	3 Months Ended
	Jan. 02, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories consisted of the following for each of the periods presented: JANUARY 2, DECEMBER 27, SEPTEMBER 30, (In millions) Finished goods $ 531.5 $ 476.4 $ 230.2 Work-in-process 60.8 60.5 48.3 Raw materials 166.9 145.9 129.1 Total inventories $ 759.2 $ 682.8 $ 407.6

MARKETING AGREEMENT (Tables)

MARKETING AGREEMENT (Tables)	3 Months Ended
	Jan. 02, 2016
Marketing Agreement [Abstract]
Net Commission and Reimbursements Earned Under Marketing Agreement	The elements of the net commission and reimbursements earned under the Marketing Agreement and included in “Net sales” are as follows: THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Gross commission $ — $ — Contribution expenses (5.0 ) (5.0 ) Amortization of marketing fee (0.2 ) (0.2 ) Net commission (5.2 ) (5.2 ) Reimbursements associated with Marketing Agreement 14.0 17.3 Total net sales associated with Marketing Agreement $ 8.8 $ 12.1

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Jan. 02, 2016
Debt Disclosure [Abstract]
Components of Long-Term Debt	The components of long-term debt are as follows: JANUARY 2, DECEMBER 27, SEPTEMBER 30, (In millions) Credit Facilities: Revolving loans $ 806.5 $ 922.9 $ 816.3 Term loans 300.0 — — Senior Notes – 6.625% — 200.0 200.0 Senior Notes – 6.000% 400.0 — — Master Accounts Receivable Purchase Agreement — — 122.3 Other 25.9 47.0 24.7 1,532.4 1,169.9 1,163.3 Less current portions 28.8 36.6 134.8 Long-term debt $ 1,503.6 $ 1,133.3 $ 1,028.5
Schedule of Interest Rate Swap Agreements	The notional amount, effective date, expiration date and rate of each of these swap agreements are shown in the table below. Notional Amount (in millions) Effective Date (a) Expiration Date Fixed Rate $ 50 2/14/2012 2/14/2016 3.78 % 150 (b) 2/7/2012 5/7/2016 2.42 % 150 (c) 11/16/2009 5/16/2016 3.26 % 50 (b) 2/16/2010 5/16/2016 3.05 % 100 (b) 2/21/2012 5/23/2016 2.40 % 150 (c) 12/20/2011 6/20/2016 2.61 % 50 (d) 12/6/2012 9/6/2017 2.96 % 200 2/7/2014 11/7/2017 1.28 % 150 (b) 2/7/2017 5/7/2019 2.12 % 50 (b) 2/7/2017 5/7/2019 2.25 % 200 (c) 12/20/2016 6/20/2019 2.12 % (a) The effective date refers to the date on which interest payments were, or will be, first hedged by the applicable swap agreement. (b) Interest payments made during the three-month period of each year that begins with the month and day of the effective date are hedged by the swap agreement. (c) Interest payments made during the six-month period of each year that begins with the month and day of the effective date are hedged by the swap agreement. (d) Interest payments made during the nine-month period of each year that begins with the month and day of the effective date are hedged by the swap agreement.

RETIREMENT AND RETIREE MEDICA28

RETIREMENT AND RETIREE MEDICAL PLANS (Tables)	3 Months Ended
	Jan. 02, 2016
Defined Contribution Pension and Other Postretirement Plans Disclosure [Abstract]
Net Periodic Benefit Cost	The following summarizes the components of net periodic benefit cost for the retirement and retiree medical plans sponsored by the Company: THREE MONTHS ENDED JANUARY 2, 2016 DECEMBER 27, 2014 U.S. Pension International Pension U.S. Medical U.S. Pension International Pension U.S. Medical (In millions) Service cost $ — $ 0.3 $ 0.1 $ — $ 0.3 $ 0.1 Interest cost 1.1 1.7 0.3 1.0 1.9 0.3 Expected return on plan assets (1.2 ) (2.0 ) — (1.3 ) (2.3 ) — Net amortization 0.4 0.4 (0.3 ) 0.8 0.5 — Net periodic benefit cost $ 0.3 $ 0.4 $ 0.1 $ 0.5 $ 0.4 $ 0.4

SHAREHOLDERS' EQUITY (Tables)

SHAREHOLDERS' EQUITY (Tables)	3 Months Ended
	Jan. 02, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Awards Granted	The following is a summary of the share-based awards granted during the periods indicated: THREE MONTHS ENDED JANUARY 2, 2016 DECEMBER 27, 2014 Employees Restricted stock units 1,503 — Board of Directors Deferred stock units 1,304 1,355 Total share-based awards 2,807 1,355 Aggregate fair value at grant dates (in millions) $ 0.2 $ 0.1
Total Share-based Compensation Recognized	Total share-based compensation was as follows for each of the periods presented: THREE MONTHS ENDED JANUARY 2, 2016 DECEMBER 27, 2014 (In millions) Share-based compensation $ 2.2 $ 2.1 Tax benefit recognized 0.8 0.8

DERIVATIVE INSTRUMENTS AND HE30

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	3 Months Ended
	Jan. 02, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Outstanding Commodity Contracts that Hedge Forecasted Purchases	The Company had the following outstanding commodity contracts that were entered into to hedge forecasted purchases: COMMODITY JANUARY 2, 2016 DECEMBER 27, 2014 SEPTEMBER 30, 2015 Urea 30,000 tons 58,500 tons 52,500 tons Diesel 6,258,000 gallons 6,930,000 gallons 5,754,000 gallons Gasoline 504,000 gallons 462,000 gallons 504,000 gallons Heating Oil 2,520,000 gallons 7,728,000 gallons 2,772,000 gallons
Fair Values of Company's Derivative Instruments	The fair values of the Company’s derivative instruments were as follows: ASSETS / (LIABILITIES) DERIVATIVES DESIGNATED AS HEDGING INSTRUMENTS JANUARY 2, DECEMBER 27, SEPTEMBER 30, BALANCE SHEET LOCATION FAIR VALUE (In millions) Interest rate swap agreements Other assets $ 0.1 $ 2.2 $ — Other current liabilities (7.4 ) (10.2 ) (8.8 ) Other liabilities (2.5 ) (5.2 ) (4.6 ) Commodity hedging instruments Prepaid and other current assets — 0.4 — Other current liabilities (1.4 ) — (1.3 ) Total derivatives designated as hedging instruments $ (11.2 ) $ (12.8 ) $ (14.7 ) DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS BALANCE SHEET LOCATION Currency forward contracts Prepaid and other current assets $ — $ 1.2 $ — Other current liabilities (0.8 ) — (0.7 ) Commodity hedging instruments Other current liabilities (6.2 ) (9.1 ) (3.9 ) Total derivatives not designated as hedging instruments (7.0 ) (7.9 ) (4.6 ) Total derivatives $ (18.2 ) $ (20.7 ) $ (19.3 )
Effect of Derivative Instruments on AOCI and Condensed, Consolidated Statements of Operations	The effect of derivative instruments on AOCI and the Condensed Consolidated Statements of Operations was as follows: DERIVATIVES IN CASH FLOW HEDGING RELATIONSHIPS AMOUNT OF GAIN / (LOSS) RECOGNIZED IN AOCI THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Interest rate swap agreements $ 1.7 $ (1.7 ) Commodity hedging instruments (0.4 ) 0.6 Total $ 1.3 $ (1.1 ) DERIVATIVES IN CASH FLOW HEDGING RELATIONSHIPS RECLASSIFIED FROM AOCI INTO STATEMENT OF OPERATIONS AMOUNT OF GAIN / (LOSS) THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Interest rate swap agreements Interest expense $ (1.0 ) $ (1.0 ) Commodity hedging instruments Cost of sales 0.2 — Total $ (0.8 ) $ (1.0 ) DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS RECOGNIZED IN STATEMENT OF OPERATIONS AMOUNT OF GAIN / (LOSS) THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Currency forward contracts Other income, net $ (0.8 ) $ 3.1 Commodity hedging instruments Cost of sales (3.5 ) (8.3 ) Total $ (4.3 ) $ (5.2 )

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Jan. 02, 2016
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis at January 2, 2016 : Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total (In millions) Assets Cash equivalents $ 20.2 $ — $ — $ 20.2 Derivatives Interest rate swap agreements — 0.1 — 0.1 Other 10.4 — — 10.4 Total $ 30.6 $ 0.1 $ — $ 30.7 Liabilities Derivatives Interest rate swap agreements $ — $ (9.9 ) $ — $ (9.9 ) Currency forward contracts — (0.8 ) — (0.8 ) Commodity hedging instruments — (7.6 ) — (7.6 ) Total $ — $ (18.3 ) $ — $ (18.3 ) The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis at December 27, 2014 : Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total (In millions) Assets Cash equivalents $ 88.8 $ — $ — $ 88.8 Derivatives Interest rate swap agreements — 2.2 — 2.2 Currency forward contracts — 1.2 — 1.2 Commodity hedging instruments — 0.4 — 0.4 Other 10.1 — — 10.1 Total $ 98.9 $ 3.8 $ — $ 102.7 Liabilities Derivatives Interest rate swap agreements $ — $ (15.4 ) $ — $ (15.4 ) Commodity hedging instruments — (9.1 ) — (9.1 ) Total $ — $ (24.5 ) $ — $ (24.5 ) The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis at September 30, 2015 : Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total (In millions) Assets Cash equivalents $ 28.6 $ — $ — $ 28.6 Other 8.9 — — 8.9 Total $ 37.5 $ — $ — $ 37.5 Liabilities Derivatives Interest rate swap agreements $ — $ (13.4 ) $ — $ (13.4 ) Currency forward contracts — (0.7 ) — (0.7 ) Commodity hedging instruments — (5.2 ) — (5.2 ) Total $ — $ (19.3 ) $ — $ (19.3 )

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Jan. 02, 2016
Segment Reporting [Abstract]
Segment Financial Information	The following tables present summarized financial information concerning the Company’s reportable segments for the periods indicated: THREE MONTHS ENDED JANUARY 2, DECEMBER 27, (In millions) Net sales: Global Consumer $ 189.0 $ 163.6 Scotts LawnService ® 51.2 46.7 Segment total 240.2 210.3 Corporate & Other 5.5 5.9 Consolidated $ 245.7 $ 216.2 Income (loss) before income taxes: Global Consumer $ (63.1 ) $ (74.2 ) Scotts LawnService ® 0.5 1.5 Segment total (62.6 ) (72.7 ) Corporate & Other (23.7 ) (20.2 ) Intangible asset amortization (4.4 ) (3.5 ) Impairment, restructuring and other (9.5 ) (9.6 ) Costs related to refinancing (8.8 ) — Interest expense (16.3 ) (9.7 ) Consolidated $ (125.3 ) $ (115.7 ) JANUARY 2, DECEMBER 27, SEPTEMBER 30, (In millions) Total assets: Global Consumer $ 2,337.7 $ 1,833.7 $ 2,124.7 Scotts LawnService ® 197.6 191.8 222.5 Corporate & Other 192.1 239.7 180.0 Consolidated $ 2,727.4 $ 2,265.2 $ 2,527.2

FINANCIAL INFORMATION FOR SUB33

FINANCIAL INFORMATION FOR SUBSIDIARY GUARANTORS AND NON-GUARANTORS (Tables)	3 Months Ended
	Jan. 02, 2016
Condensed Financial Information of Parent Subsidiary Guarantors and Subsidiary Non Guarantors [Abstract]
Condensed Consolidating Statement of Operations	THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Operations for the three months ended January 2, 2016 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated Net sales $ — $ 181.5 $ 64.2 $ — $ 245.7 Cost of sales — 150.1 48.0 — 198.1 Cost of sales—impairment, restructuring and other — 5.0 — — 5.0 Gross profit — 26.4 16.2 — 42.6 Operating expenses: Selling, general and administrative — 110.4 28.7 0.4 139.5 Impairment, restructuring and other — 4.2 0.1 — 4.3 Other income, net — (1.7 ) 0.7 — (1.0 ) Loss from operations — (86.5 ) (13.3 ) (0.4 ) (100.2 ) Equity income in subsidiaries 68.0 2.6 — (70.6 ) — Other non-operating income (4.6 ) — (6.0 ) 10.6 — Costs related to refinancing 8.8 — — — 8.8 Interest expense 16.0 10.0 0.9 (10.6 ) 16.3 Loss before income taxes (88.2 ) (99.1 ) (8.2 ) 70.2 (125.3 ) Income tax benefit (7.2 ) (34.3 ) (3.0 ) — (44.5 ) Net loss $ (81.0 ) $ (64.8 ) $ (5.2 ) $ 70.2 $ (80.8 ) Net income attributable to noncontrolling interest — — — 0.5 0.5 Net loss attributable to controlling interest $ (81.0 ) $ (64.8 ) $ (5.2 ) $ 69.7 $ (81.3 ) THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Operations for the three months ended December 27, 2014 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated Net sales $ — $ 146.5 $ 69.7 $ — $ 216.2 Cost of sales — 130.5 56.4 — 186.9 Gross profit — 16.0 13.3 — 29.3 Operating expenses: Selling, general and administrative — 94.5 31.9 0.5 126.9 Impairment, restructuring and other — 8.9 0.7 — 9.6 Other income, net — (1.2 ) — — (1.2 ) Loss from operations — (86.2 ) (19.3 ) (0.5 ) (106.0 ) Equity income in subsidiaries 69.2 3.4 — (72.6 ) — Other non-operating income (4.5 ) — (5.5 ) 10.0 — Interest expense 11.2 8.3 0.2 (10.0 ) 9.7 Loss before income taxes (75.9 ) (97.9 ) (14.0 ) 72.1 (115.7 ) Income tax benefit (2.4 ) (33.9 ) (5.4 ) — (41.7 ) Net loss $ (73.5 ) $ (64.0 ) $ (8.6 ) $ 72.1 $ (74.0 ) Net income attributable to noncontrolling interest — — — (0.6 ) (0.6 ) Net loss attributable to controlling interest $ (73.5 ) $ (64.0 ) $ (8.6 ) $ 71.5 $ (74.6 )
Condensed Consolidating Statement of Comprehensive Income (Loss)	THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Comprehensive Income (Loss) for the three months ended January 2, 2016 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated Net loss $ (81.0 ) $ (64.8 ) $ (5.2 ) $ 70.2 $ (80.8 ) Other comprehensive income (loss), net of tax: Net foreign currency translation adjustment (2.8 ) — (2.8 ) 2.8 (2.8 ) Net change in derivatives 2.1 (0.6 ) — 0.6 2.1 Net change in pension and other post-retirement benefits 0.5 0.3 0.2 (0.5 ) 0.5 Total other comprehensive income (loss) (0.2 ) (0.3 ) (2.6 ) 2.9 (0.2 ) Comprehensive loss $ (81.2 ) $ (65.1 ) $ (7.8 ) $ 73.1 $ (81.0 ) THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Comprehensive Income (Loss) for the three months ended December 27, 2014 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated Net loss $ (73.5 ) $ (64.0 ) $ (8.6 ) $ 72.1 $ (74.0 ) Other comprehensive income (loss), net of tax: Net foreign currency translation adjustment (3.0 ) — (3.0 ) 3.0 (3.0 ) Net change in derivatives (0.1 ) 0.6 — (0.6 ) (0.1 ) Net change in pension and other post-retirement benefits 0.8 0.5 0.3 (0.8 ) 0.8 Total other comprehensive income (loss) (2.3 ) 1.1 (2.7 ) 1.6 (2.3 ) Comprehensive loss $ (75.8 ) $ (62.9 ) $ (11.3 ) $ 73.7 $ (76.3 )
Condensed Consolidating Statement of Cash Flows	THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Cash Flows for the three months ended January 2, 2016 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (a) $ 233.1 $ (271.9 ) $ (57.6 ) $ (242.2 ) $ (338.6 ) INVESTING ACTIVITIES Proceeds from sale of long-lived assets — 0.1 — — 0.1 Investments in property, plant and equipment — (13.4 ) (2.7 ) — (16.1 ) Investing cash flows from (to) affiliates (395.0 ) — — 395.0 — Investment in unconsolidated affiliates — (0.8 ) — — (0.8 ) Net cash used in investing activities (395.0 ) (14.1 ) (2.7 ) 395.0 (16.8 ) FINANCING ACTIVITIES Borrowings under revolving and bank lines of credit and term loans — 873.1 51.2 — 924.3 Repayments under revolving and bank lines of credit and term loans — (741.5 ) (9.7 ) — (751.2 ) Proceeds from issuance of 6.000% Senior Notes 400.0 — — — 400.0 Repayment of 6.625% Senior Notes (200.0 ) — — — (200.0 ) Financing and issuance fees (10.5 ) — — — (10.5 ) Dividends paid (28.9 ) (242.2 ) — 242.2 (28.9 ) Payments on seller notes — (0.8 ) — — (0.8 ) Excess tax benefits from share-based payment arrangements 0.1 — — — 0.1 Cash received from the exercise of stock options 1.2 — — — 1.2 Financing cash flows from (to) affiliates — 393.5 1.5 (395.0 ) — Net cash provided by (used in) financing activities 161.9 282.1 43.0 (152.8 ) 334.2 Effect of exchange rate changes on cash — — (1.2 ) — (1.2 ) Net increase (decrease) in cash and cash equivalents — (3.9 ) (18.5 ) — (22.4 ) Cash and cash equivalents at beginning of period — 8.2 63.2 — 71.4 Cash and cash equivalents at end of period $ — $ 4.3 $ 44.7 $ — $ 49.0 (a) Cash received by the Parent from the Guarantors in the form of dividends in the amount of $242.2 million represent return on investments and are included in cash flows from operating activities. THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Statement of Cash Flows for the three months ended December 27, 2014 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (a) $ 24.9 $ (198.6 ) $ (40.2 ) $ (53.1 ) $ (267.0 ) INVESTING ACTIVITIES Investments in property, plant and equipment — (12.4 ) (2.1 ) — (14.5 ) Investments in acquired businesses, net of cash acquired — (11.1 ) — — (11.1 ) Net cash used in investing activities — (23.5 ) (2.1 ) — (25.6 ) FINANCING ACTIVITIES Borrowings under revolving and bank lines of credit and term loans — 480.7 58.9 — 539.6 Repayments under revolving and bank lines of credit and term loans — (156.5 ) (10.6 ) — (167.1 ) Dividends paid (27.4 ) (48.9 ) (3.7 ) 52.6 (27.4 ) Purchase of Common Shares (14.8 ) — — — (14.8 ) Excess tax benefits from share-based payment arrangements — 0.5 — — 0.5 Cash received from the exercise of stock options 6.2 — — — 6.2 Intercompany financing 11.1 (12.9 ) 1.3 0.5 — Net cash provided by (used in) financing activities (24.9 ) 262.9 45.9 53.1 337.0 Effect of exchange rate changes on cash — — (3.6 ) — (3.6 ) Net increase (decrease) in cash and cash equivalents — 40.8 — — 40.8 Cash and cash equivalents at beginning of period — 23.1 66.2 — 89.3 Cash and cash equivalents at end of period $ — $ 63.9 $ 66.2 $ — $ 130.1 (a) Cash received by the Parent from its subsidiaries in the form of dividends in the amount of $48.9 million represent return on investments and are included in cash flows from operating activities. Cash received by the Guarantors from the Non-Guarantors in the form of dividends in the amount of $3.7 million represent return on investments and are included in the cash flows from operating activities.
Condensed Consolidating Balance Sheet	THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Balance Sheet As of January 2, 2016 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 4.3 $ 44.7 $ — $ 49.0 Accounts receivable, net — 118.9 87.5 — 206.4 Inventories — 628.2 131.0 — 759.2 Prepaid and other current assets — 95.7 37.7 — 133.4 Total current assets — 847.1 300.9 — 1,148.0 Property, plant and equipment, net — 396.0 53.2 — 449.2 Goodwill — 409.6 11.8 11.6 433.0 Intangible assets, net — 613.5 33.2 11.3 658.0 Other assets 22.3 17.4 14.8 (15.3 ) 39.2 Equity investment in subsidiaries 396.7 — — (396.7 ) — Intercompany assets 1,619.4 — — (1,619.4 ) — Total assets $ 2,038.4 $ 2,283.6 $ 413.9 $ (2,008.5 ) $ 2,727.4 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Current portion of debt $ 15.0 $ 18.3 $ 10.5 $ (15.0 ) $ 28.8 Accounts payable — 179.1 54.4 — 233.5 Other current liabilities 15.6 105.8 61.9 — 183.3 Total current liabilities 30.6 303.2 126.8 (15.0 ) 445.6 Long-term debt 1,491.5 966.1 137.5 (1,091.5 ) 1,503.6 Other liabilities 2.4 228.7 30.6 (10.2 ) 251.5 Equity investment in subsidiaries — 183.1 — (183.1 ) — Intercompany liabilities — 449.3 45.4 (494.7 ) — Total liabilities 1,524.5 2,130.4 340.3 (1,794.5 ) 2,200.7 Total shareholders’ equity - controlling interest 513.9 153.2 73.6 (226.9 ) 513.8 Noncontrolling interest — — — 12.9 12.9 Total equity 513.9 153.2 73.6 (214.0 ) 526.7 Total liabilities and equity $ 2,038.4 $ 2,283.6 $ 413.9 $ (2,008.5 ) $ 2,727.4 THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Balance Sheet As of December 27, 2014 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 63.9 $ 66.2 $ — $ 130.1 Accounts receivable, net — 97.7 87.7 — 185.4 Inventories — 547.2 135.6 — 682.8 Prepaid and other current assets — 84.8 42.8 — 127.6 Total current assets — 793.6 332.3 — 1,125.9 Property, plant and equipment, net — 370.4 64.0 — 434.4 Goodwill — 346.3 6.4 11.6 364.3 Intangible assets, net — 247.4 48.5 13.0 308.9 Other assets 21.1 16.0 27.5 (32.9 ) 31.7 Equity investment in subsidiaries 300.7 — — (300.7 ) — Intercompany assets 1,266.6 — — (1,266.6 ) — Total assets $ 1,588.4 $ 1,773.7 $ 478.7 $ (1,575.6 ) $ 2,265.2 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Current portion of debt $ — $ 16.0 $ 20.6 $ — $ 36.6 Accounts payable — 162.7 57.3 — 220.0 Other current liabilities 13.6 77.3 74.4 — 165.3 Total current liabilities 13.6 256.0 152.3 — 421.9 Long-term debt 1,122.9 888.4 44.8 (922.8 ) 1,133.3 Other liabilities 5.1 224.9 47.0 (27.9 ) 249.1 Equity investment in subsidiaries — 99.0 — (99.0 ) — Intercompany liabilities — 257.5 87.1 (344.6 ) — Total liabilities 1,141.6 1,725.8 331.2 (1,394.3 ) 1,804.3 Total shareholders’ equity - controlling interest 446.8 47.9 147.5 (195.4 ) 446.8 Noncontrolling interest — — — 14.1 14.1 Total equity 446.8 47.9 147.5 (181.3 ) 460.9 Total liabilities and equity $ 1,588.4 $ 1,773.7 $ 478.7 $ (1,575.6 ) $ 2,265.2 THE SCOTTS MIRACLE-GRO COMPANY Condensed Consolidating Balance Sheet As of September 30, 2015 (In millions) (Unaudited) Parent Subsidiary Guarantors Non- Guarantors Eliminations/ Consolidations Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 8.2 $ 63.2 $ — $ 71.4 Accounts receivable, net — 96.9 94.4 — 191.3 Accounts receivable pledged — 152.9 — — 152.9 Inventories — 318.7 88.9 — 407.6 Prepaid and other current assets — 90.7 34.7 — 125.4 Total current assets — 667.4 281.2 — 948.6 Property, plant and equipment, net — 397.6 56.1 — 453.7 Goodwill — 408.8 12.0 11.6 432.4 Intangible assets, net — 617.0 34.8 11.7 663.5 Other assets 16.3 15.0 15.0 (17.3 ) 29.0 Equity investment in subsidiaries 461.3 — — (461.3 ) — Intercompany assets 1,179.4 — — (1,179.4 ) — Total assets $ 1,657.0 $ 2,105.8 $ 399.1 $ (1,634.7 ) $ 2,527.2 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Current portion of debt $ — $ 125.1 $ 9.7 $ — $ 134.8 Accounts payable — 141.5 56.4 — 197.9 Other current liabilities 15.5 191.9 73.0 — 280.4 Total current liabilities 15.5 458.5 139.1 — 613.1 Long-term debt 1,016.3 728.4 100.1 (816.3 ) 1,028.5 Other liabilities 4.5 228.0 32.3 (12.3 ) 252.5 Equity investment in subsidiaries — 156.2 — (156.2 ) — Intercompany liabilities — 296.5 47.6 (344.1 ) — Total liabilities 1,036.3 1,867.6 319.1 (1,328.9 ) 1,894.1 Total shareholders’ equity - controlling interest 620.7 238.2 80.0 (318.2 ) 620.7 Noncontrolling interest — — — 12.4 12.4 Total equity 620.7 238.2 80.0 (305.8 ) 633.1 Total liabilities and equity $ 1,657.0 $ 2,105.8 $ 399.1 $ (1,634.7 ) $ 2,527.2

SUMMARY OF SIGNIFICANT ACCOUN34

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Percentage of annual net sales	75.00%
Capital expenditures unpaid liabilities incurred	$ 2.7	$ 3

ACQUISITIONS (Details)

ACQUISITIONS (Details) - USD ($) $ in Millions	Mar. 30, 2015	Oct. 16, 2014	Jan. 02, 2016	Dec. 27, 2014	Sep. 30, 2015
ACQUISITIONS
Net sales			$ 245.7	$ 216.2
Action Pest Control, Inc.
ACQUISITIONS
Aggregate purchase price		$ 21.7
Deferred Purchase Price Obligation		4
Finite-lived Intangible Assets Acquired		6.1
Goodwill, acquired		$ 14.1
Net sales			3.1	$ 1.9
Scotts LawnService Other
ACQUISITIONS
Aggregate purchase price					$ 3.5
Goodwill, acquired					2.6
Growing Media Acquisition
ACQUISITIONS
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment					11.4
Aggregate purchase price					40.2
Finite-lived Intangible Assets Acquired					10.1
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets					9.8
Goodwill, acquired					$ 10.7
General Hydroponics, Inc.
ACQUISITIONS
Aggregate purchase price	$ 120
Deferred Purchase Price Obligation	1
Bio-Organic Solutions, Inc.
ACQUISITIONS
Aggregate purchase price	15
Business Combination, Contingent Consideration, Liability	5
General Hydroponics, Inc. and Bio-Organic Solutions, Inc.
ACQUISITIONS
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	5.7
Finite-lived Intangible Assets Acquired	65
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets	14.2
Goodwill, acquired	$ 53.9
Net sales			$ 13.5
Minimum | Action Pest Control, Inc.
ACQUISITIONS
Finite-Lived Intangible Asset, Useful Life			1 year
Minimum | Growing Media Acquisition
ACQUISITIONS
Finite-Lived Intangible Asset, Useful Life			7 years
Minimum | General Hydroponics, Inc. and Bio-Organic Solutions, Inc.
ACQUISITIONS
Finite-Lived Intangible Asset, Useful Life			5 years
Maximum | Action Pest Control, Inc.
ACQUISITIONS
Finite-Lived Intangible Asset, Useful Life			12 years
Maximum | Growing Media Acquisition
ACQUISITIONS
Finite-Lived Intangible Asset, Useful Life			20 years
Maximum | General Hydroponics, Inc. and Bio-Organic Solutions, Inc.
ACQUISITIONS
Finite-Lived Intangible Asset, Useful Life			26 years

IMPAIRMENT, RESTRUCTURING AND36

IMPAIRMENT, RESTRUCTURING AND OTHER - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring reserve, long term	$ 2.8
Restructuring Charges	9.3	$ 9.6
Goodwill and Intangible Asset Impairment	0	0
Total impairment, restructuring and other	9.3	$ 9.6
Restructuring And Other Related Charges	9.3
Project Focus
Restructuring Cost and Reserve [Line Items]
Restructuring And Other Related Charges	0.9
Project Focus | Scotts Lawnservice
Restructuring Cost and Reserve [Line Items]
Restructuring And Other Related Charges	$ 2.8

Summary of Activities Related t

Summary of Activities Related to Liabilities Associated with Restructuring and Other (Detail) - USD ($) $ in Millions	3 Months Ended			7 Months Ended
	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014	Jan. 02, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 9.3		$ 9.6
Payments and other	(19.5)
Amounts reserved for restructuring and other charges at January 2, 2016	17.9	$ 28.1		$ 17.9
Restructuring reserve, long term	2.8			2.8
Restructuring and related cost, accelerated equity compensation			3.6
Restructuring And Other Related Charges	9.3
Project Focus
Restructuring Cost and Reserve [Line Items]
Restructuring And Other Related Charges	0.9
Project Focus | Scotts Lawnservice
Restructuring Cost and Reserve [Line Items]
Restructuring And Other Related Charges	2.8
Bonus S
Restructuring Cost and Reserve [Line Items]
Unearned Insurance Reimbursements	25			40
Payments and other	(13.2)
Restructuring And Other Related Charges	$ 5.4			67.8
Total Insurance Reimbursements				$ 44.9
Insurance Recoveries		$ 4.9
Two Thousand Fourteen Plan
Restructuring Cost and Reserve [Line Items]
Restructuring And Other Related Charges			$ 9.6

Inventories for Continuing Oper

Inventories for Continuing Operations, net of Reserves for Excess and Obsolete Inventories (Detail) - USD ($) $ in Millions	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014
Inventory Disclosure [Abstract]
Finished goods	$ 531.5	$ 230.2	$ 476.4
Work-in-process	60.8	48.3	60.5
Raw materials	166.9	129.1	145.9
Total inventories	$ 759.2	$ 407.6	$ 682.8

INVENTORIES - Additional Inform

INVENTORIES - Additional Information (Detail) - USD ($) $ in Millions	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014
Inventory Disclosure [Abstract]
Adjustments to reflect inventories at net realizable values	$ 23	$ 17.8	$ 19.1

MARKETING AGREEMENT - Additiona

MARKETING AGREEMENT - Additional Information (Detail) $ in Millions	3 Months Ended
	Jan. 02, 2016USD ($)
Monsanto Marketing Agreement
Marketing Agreement [Line Items]
Annual contribution payment	$ 20
Initial consideration for marketing rights	$ 32
Useful life of Marketing Agreement	20 years
Unamortized Amount of Deferred Costs Related to Long-term Contracts	$ 2.2
Remaining amortization period of Marketing Agreement	3 years
Aggregate purchase price	$ 300
Brand Extension Agreement [Member]
Marketing Agreement [Line Items]
Initial Term	20 years
Renewal Term	20 years
Indefinite-lived Intangible Assets Acquired	$ 111.7
Commercialization and Technology Agreement [Member]
Marketing Agreement [Line Items]
Initial Term	30 years
Agency Agreement [Member]
Marketing Agreement [Line Items]
Indefinite-lived Intangible Assets Acquired	$ 188.3

Net Commission Earned Under Mar

Net Commission Earned Under Marketing Agreement (Detail) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Marketing Agreement [Abstract]
Gross commission	$ 0	$ 0
Contribution expenses	(5)	(5)
Amortization of marketing fee	(0.2)	(0.2)
Net commission expense	(5.2)	(5.2)
Reimbursements associated with Marketing Agreement	14	17.3
Total net sales associated with Marketing Agreement	$ 8.8	$ 12.1

Components of Long-Term Debt (D

Components of Long-Term Debt (Detail) - USD ($) $ in Millions	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014
Debt Instrument [Line Items]
Long-term Debt	$ 1,532.4	$ 1,163.3	$ 1,169.9
Less current portions	28.8	134.8	36.6
Total long term debt	1,503.6	1,028.5	1,133.3
Secured Term Loan
Debt Instrument [Line Items]
Long-term Debt	300	0	0
Credit facility - Revolving loans | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term Debt	806.5	816.3	922.9
Senior Notes - 6.625%
Debt Instrument [Line Items]
Long-term Debt	0	200	200
Senior Notes 6.000 Percent Due 2023
Debt Instrument [Line Items]
Long-term Debt	400	0	0
Master Accounts Receivable Purchase Agreement
Debt Instrument [Line Items]
Long-term Debt	0	122.3	0
Other
Debt Instrument [Line Items]
Long-term Debt	$ 25.9	$ 24.7	$ 47

DEBT - Additional Information (

DEBT - Additional Information (Detail) $ in Millions	Oct. 13, 2015USD ($)	Jan. 02, 2016USD ($)	Dec. 15, 2015USD ($)	Sep. 30, 2015USD ($)	Dec. 27, 2014USD ($)	Dec. 16, 2010
Debt Disclosure [Line Items]
Long-term Debt		$ 1,532.4		$ 1,163.3	$ 1,169.9
Debt, Weighted Average Interest Rate		5.00%			4.30%
Senior secured credit facilities, maximum borrowing capacity		$ 1,900
Line of Credit Facility, Expiration Date		Oct. 29, 2020
Senior secured credit facilities, available borrowing capacity		$ 765.9
Aggregate face amount of letters of credit outstanding		$ 27.7
Leverage ratio		2.77
Interest coverage ratio		8.52
Debt Instrument, Restrictive Covenants		The new credit agreement allows the Company to make unlimited restricted payments (as defined in the new credit agreement), including increased or one-time dividend payments and Common Share repurchases, as long as the leverage ratio resulting from the making of such restricted payments is 4.00 or less.
Accounts receivable pledged		$ 0		152.9	$ 0
Minimum
Debt Disclosure [Line Items]
Interest coverage ratio		3
Maximum
Debt Disclosure [Line Items]
Leverage ratio		4.50
Senior Notes - 6.625%
Debt Disclosure [Line Items]
Long-term Debt		$ 0		$ 200	$ 200
Debt Instrument, Repurchased Face Amount			$ 200
6.625% senior notes redemption price			213.2
Accrued and unpaid interest		6.6
Call premium		$ 6.6
Unamortized bond issuance costs			$ 2.2
Debt Instrument, Interest Rate, Stated Percentage		6.625%		6.625%	6.625%	6.625%
Letter of Credit
Debt Disclosure [Line Items]
Senior secured credit facilities, maximum borrowing capacity		$ 100
Master Accounts Receivable Purchase Agreement
Debt Disclosure [Line Items]
Long-term Debt		0		$ 122.3	$ 0
Master Accounts Receivable Purchase Agreement, remaining borrowing capacity		42.6
Senior Notes 6.000 Percent Due 2023
Debt Disclosure [Line Items]
Long-term Debt		$ 400		0	$ 0
Debt Instrument, Maturity Date	Oct. 15, 2023
Debt Instrument, Interest Rate, Stated Percentage	6.00%
Proceeds from Issuance of Unsecured Debt	$ 400
Debt Instrument, Date of First Required Payment		Apr. 15, 2016
Long-term debt, fair value		$ 418
Master Accounts Receivable Purchase Agreement
Debt Disclosure [Line Items]
Aggregate Accounts Receivable, Maximum Amount Allowable Under MARP Agreement		400
Beginning Fiscal Year 2016
Debt Disclosure [Line Items]
Maximum Restrictive Payments		175
Beginning Fiscal Year 2018
Debt Disclosure [Line Items]
Maximum Restrictive Payments		$ 200
Revolving Credit Facility
Debt Disclosure [Line Items]
Debt, Maturity Period		5 years
Debt, Weighted Average Interest Rate		3.90%			3.70%
Senior secured credit facilities, maximum borrowing capacity		$ 1,600
Debt, Additional Maximum Borrowing Capacity With Restrictions		500
Third Amended and Restated Senior Secured Credit Agreement [Member]
Debt Disclosure [Line Items]
Senior secured credit facilities, maximum borrowing capacity		1,700
Secured Term Loan
Debt Disclosure [Line Items]
Long-term Debt		300		0	$ 0
Senior secured credit facilities, maximum borrowing capacity		300
Interest Rate Swap | Derivatives designated as hedging instruments
Debt Disclosure [Line Items]
Derivative, Notional Amount		$ 1,300		$ 1,300	$ 1,300

Notional Amount, Effective Date

Notional Amount, Effective Date, Expiration Date and Rate of Interest Rate Swap Agreements (Details) - Interest Rate Swap - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014
Group 1 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 50
Derivative, Effective Date	Feb. 14, 2012
Derivative, Expiration Date	Feb. 14, 2016
Derivative, Fixed Rate	3.78%
Group 2 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 150
Derivative, Effective Date	Feb. 7, 2012
Derivative, Expiration Date	May 7, 2016
Derivative, Fixed Rate	2.42%
Group 3 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 150
Derivative, Effective Date	Nov. 16, 2009
Derivative, Expiration Date	May 16, 2016
Derivative, Fixed Rate	3.26%
Group 4 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 50
Derivative, Effective Date	Feb. 16, 2010
Derivative, Expiration Date	May 16, 2016
Derivative, Fixed Rate	3.05%
Group 5 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 100
Derivative, Effective Date	Feb. 21, 2012
Derivative, Expiration Date	May 23, 2016
Derivative, Fixed Rate	2.40%
Group 6 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 150
Derivative, Effective Date	Dec. 20, 2011
Derivative, Expiration Date	Jun. 20, 2016
Derivative, Fixed Rate	2.61%
Group 7 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 50
Derivative, Effective Date	Dec. 6, 2012
Derivative, Expiration Date	Sep. 6, 2017
Derivative, Fixed Rate	2.96%
Group 8 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 200
Derivative, Effective Date	Feb. 7, 2014
Derivative, Expiration Date	Nov. 7, 2017
Derivative, Fixed Rate	1.28%
Group 9 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 150
Derivative, Effective Date	Feb. 7, 2017
Derivative, Expiration Date	May 7, 2019
Derivative, Fixed Rate	2.12%
Group 10 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 50
Derivative, Effective Date	Feb. 7, 2017
Derivative, Expiration Date	May 7, 2019
Derivative, Fixed Rate	2.25%
Group 11 [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 200
Derivative, Effective Date	Dec. 20, 2016
Derivative, Expiration Date	Jun. 20, 2019
Derivative, Fixed Rate	2.12%
Derivatives designated as hedging instruments
Derivative [Line Items]
Derivative, Notional Amount	$ 1,300	$ 1,300	$ 1,300

RETIREMENT AND RETIREE MEDICA45

RETIREMENT AND RETIREE MEDICAL PLANS NET PERIODIC BENEFIT COST (Detail) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
U.S. Pension
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0
Interest cost	1.1	1
Expected return on plan assets	(1.2)	(1.3)
Net amortization	0.4	0.8
Net periodic benefit cost	0.3	0.5
International Pension
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.3	0.3
Interest cost	1.7	1.9
Expected return on plan assets	(2)	(2.3)
Net amortization	0.4	0.5
Net periodic benefit cost	0.4	0.4
U.S. Medical
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.1	0.1
Interest cost	0.3	0.3
Expected return on plan assets	0	0
Net amortization	(0.3)	0
Net periodic benefit cost	$ 0.1	$ 0.4

SHAREHOLDERS' EQUITY SHARE REPU

SHAREHOLDERS' EQUITY SHARE REPURCHASE PROGRAM (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		14 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Jan. 02, 2016	Sep. 30, 2015	Aug. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Repurchased During Period, Shares			0.2
Aggregate Stock Repurchase Program Authorized Repurchase Amount					$ 500
Stock Repurchase Program Begin Date	Nov. 1, 2014
Stock Repurchased During Period, Value			$ 14.8
Share Repurchases Authorization Expiration Date	Sep. 30, 2019
Noncontrolling interest	$ 12.9	$ 14.1	$ 12.9	$ 12.4
Net income attributable to noncontrolling interest	$ 0.5	$ 0.6

SHARE-BASED COMPENSATION AWARDS

SHARE-BASED COMPENSATION AWARDS GRANTED (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based awards	2,807	1,355
Aggregate fair value at grant (in millions)	$ 0.2	$ 0.1
Key Employees | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based awards	1,503	0
Board of Directors Chairman | Deferred stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based awards	1,304	1,355

SHAREHOLDERS' EQUITY COMPENSATI

SHAREHOLDERS' EQUITY COMPENSATION COSTS (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2016	Jan. 02, 2016	Dec. 27, 2014
Subsequent Event [Line Items]
Aggregate fair value at grant (in millions)		$ 0.2	$ 0.1
Share-based compensation		2.2	2.1
Tax benefit recognized		$ 0.8	$ 0.8
Subsequent Event
Subsequent Event [Line Items]
Grant Of Share Based Compensation Awards	600,000
Aggregate fair value at grant (in millions)	$ 14.8

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail)	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Income Taxes [Line Items]
Effective tax rate related to continuing operations	35.50%	36.00%
Minimum | US Federal Tax Authority
Income Taxes [Line Items]
Tax years under examination	2,011
Minimum | U.S. state and local tax authorities
Income Taxes [Line Items]
Tax years under examination	2,008
Maximum | US Federal Tax Authority
Income Taxes [Line Items]
Tax years under examination	2,012
Maximum | U.S. state and local tax authorities
Income Taxes [Line Items]
Tax years under examination	2,013
Scotts Celaflor GmbH | Minimum | Foreign Country
Income Taxes [Line Items]
Tax years under examination	2,009
Scotts Celaflor GmbH | Maximum | Foreign Country
Income Taxes [Line Items]
Tax years under examination	2,012
Scotts Gardening Fertilizer (Wuhan) Co., Ltd. | Minimum | Foreign Country
Income Taxes [Line Items]
Tax years under examination	2,012
Scotts Gardening Fertilizer (Wuhan) Co., Ltd. | Maximum | Foreign Country
Income Taxes [Line Items]
Tax years under examination	2,014

CONTINGENCIES - Additional Info

CONTINGENCIES - Additional Information (Detail) $ in Millions	Jan. 02, 2016USD ($)
Commitments and Contingencies Disclosure [Abstract]
Accrual for Environmental Loss Contingencies, Gross	$ 5.6

DERIVATIVE INSTRUMENTS AND HE51

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Additional Information (Detail) - USD ($) $ in Millions	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014
Not Designated as Hedging Instrument | Currency forward contracts
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative, Notional Amount	$ 58.7	$ 52.3	$ 144.5
Derivative Assets (Liabilities), at Fair Value, Net	0.8	(0.7)	1.2
Derivatives designated as hedging instruments | Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative, Notional Amount	1,300	$ 1,300	$ 1,300
Interest rate swap loss amount expected to be reclassified to earnings during the next 12 months	3.9
Derivatives designated as hedging instruments | Commodity hedging instruments | Urea
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Pre-tax price risk gain amount expected to be reclassified to earnings during the next 12 months	$ 0.9

Outstanding Commodity Contracts

Outstanding Commodity Contracts that Hedge Forecasted Purchases (Detail)	Jan. 02, 2016galtons	Sep. 30, 2015galT	Dec. 27, 2014galtons
Urea (in tons)
Derivative [Line Items]
Outstanding commodity contracts	30,000	52,500	58,500
Diesel (in gallons)
Derivative [Line Items]
Outstanding commodity contracts	6,258,000	5,754,000	6,930,000
Gasoline (in gallons)
Derivative [Line Items]
Outstanding commodity contracts	504,000	504,000	462,000
Heating Oil (in gallons)
Derivative [Line Items]
Outstanding commodity contracts	2,520,000	2,772,000	7,728,000

Fair Values of Company's Deriva

Fair Values of Company's Derivative Instruments (Detail) - USD ($) $ in Millions	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014
Derivatives, Fair Value [Line Items]
Total derivatives	$ (18.2)	$ (19.3)	$ (20.7)
Derivatives designated as hedging instruments
Derivatives, Fair Value [Line Items]
Total derivatives	(11.2)	(14.7)	(12.8)
Derivatives designated as hedging instruments | Interest Rate Swap | Other Asset [Member]
Derivatives, Fair Value [Line Items]
Derivative asset	0.1	0	2.2
Derivatives designated as hedging instruments | Interest Rate Swap | Other Current Liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	(7.4)	(8.8)	(10.2)
Derivatives designated as hedging instruments | Interest Rate Swap | Other Liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	(2.5)	(4.6)	(5.2)
Derivatives designated as hedging instruments | Commodity hedging instruments | Prepaid Expenses And Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative asset	0	0	0.4
Derivatives designated as hedging instruments | Commodity hedging instruments | Other Current Liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	(1.4)	(1.3)	0
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total derivatives	(7)	(4.6)	(7.9)
Not Designated as Hedging Instrument | Currency forward contracts | Prepaid Expenses And Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative asset	0	0	1.2
Not Designated as Hedging Instrument | Currency forward contracts | Other Current Liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	(0.8)	(0.7)	0
Not Designated as Hedging Instrument | Commodity hedging instruments | Other Current Liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	$ (6.2)	$ (3.9)	$ (9.1)

Effect of Derivative Instrument

Effect of Derivative Instruments on OCI and Condensed, Consolidated Statements of Operations (Detail) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) Recognized in AOCI	$ 1.3	$ (1.1)
Amount of Gain / (Loss) Reclassified From AOCI Into Earnings	(0.8)	(1)
Cash Flow Hedging | Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) Recognized in AOCI	1.7	(1.7)
Cash Flow Hedging | Interest Rate Swap | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) Reclassified From AOCI Into Earnings	(1)	(1)
Cash Flow Hedging | Commodity hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) Recognized in AOCI	(0.4)	0.6
Cash Flow Hedging | Commodity hedging instruments | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) Reclassified From AOCI Into Earnings	0.2	0
Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) Recognized in Earnings	(4.3)	(5.2)
Not Designated as Hedging Instrument | Commodity hedging instruments | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) Recognized in Earnings	(3.5)	(8.3)
Not Designated as Hedging Instrument | Currency forward contracts | Other income (expense), net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) Recognized in Earnings	$ (0.8)	$ 3.1

Financial Assets and Liabilitie

Financial Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Millions	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 20.2	$ 28.6	$ 88.8
Other	10.4	8.9	10.1
Total assets	30.7	37.5	102.7
Total liabilities	(18.3)	(19.3)	(24.5)
Interest Rate Swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0.1		2.2
Derivative liabilities	(9.9)	(13.4)	(15.4)
Currency forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets			1.2
Derivative liabilities	(0.8)	(0.7)
Commodity hedging instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets			0.4
Derivative liabilities	(7.6)	(5.2)	(9.1)
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	20.2	28.6	88.8
Other	10.4	8.9	10.1
Total assets	30.6	37.5	98.9
Total liabilities	0	0	0
Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0		0
Derivative liabilities	0	0	0
Fair Value, Inputs, Level 1 [Member] | Currency forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets			0
Derivative liabilities	0	0
Fair Value, Inputs, Level 1 [Member] | Commodity hedging instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets			0
Derivative liabilities	0	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0	0
Other	0	0	0
Total assets	0.1	0	3.8
Total liabilities	(18.3)	(19.3)	(24.5)
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0.1		2.2
Derivative liabilities	(9.9)	(13.4)	(15.4)
Fair Value, Inputs, Level 2 [Member] | Currency forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets			1.2
Derivative liabilities	(0.8)	(0.7)
Fair Value, Inputs, Level 2 [Member] | Commodity hedging instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets			0.4
Derivative liabilities	(7.6)	(5.2)	(9.1)
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0	0
Other	0	0	0
Total assets	0	0	0
Total liabilities	0	0	0
Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0		0
Derivative liabilities	0	0	0
Fair Value, Inputs, Level 3 [Member] | Currency forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets			0
Derivative liabilities	0	0
Fair Value, Inputs, Level 3 [Member] | Commodity hedging instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets			0
Derivative liabilities	$ 0	$ 0	$ 0

Segment Financial Information (

Segment Financial Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Sep. 30, 2015
Segment Reporting Information [Line Items]
Net sales	$ 245.7	$ 216.2
Loss before income taxes	(125.3)	(115.7)
Total assets	2,727.4	2,265.2	$ 2,527.2
Corporate & Other
Segment Reporting Information [Line Items]
Net sales	5.5	5.9
Total assets	192.1	239.7	180
Continuing Operations
Segment Reporting Information [Line Items]
Loss before income taxes	(125.3)	(115.7)
Continuing Operations | Corporate & Other
Segment Reporting Information [Line Items]
Loss before income taxes	(23.7)	(20.2)
Continuing Operations | Intangible asset amortization
Segment Reporting Information [Line Items]
Loss before income taxes	(4.4)	(3.5)
Continuing Operations | Impairment, restructuring and other
Segment Reporting Information [Line Items]
Loss before income taxes	(9.5)	(9.6)
Continuing Operations | Costs related to refinancing
Segment Reporting Information [Line Items]
Loss before income taxes	(8.8)	0
Continuing Operations | Interest expense
Segment Reporting Information [Line Items]
Loss before income taxes	(16.3)	(9.7)
Global Consumer
Segment Reporting Information [Line Items]
Net sales	189	163.6
Total assets	2,337.7	1,833.7	2,124.7
Global Consumer | Continuing Operations
Segment Reporting Information [Line Items]
Loss before income taxes	(63.1)	(74.2)
Scotts Lawnservice
Segment Reporting Information [Line Items]
Net sales	51.2	46.7
Total assets	197.6	191.8	$ 222.5
Scotts Lawnservice | Continuing Operations
Segment Reporting Information [Line Items]
Loss before income taxes	0.5	1.5
Segment total
Segment Reporting Information [Line Items]
Net sales	240.2	210.3
Segment total | Continuing Operations
Segment Reporting Information [Line Items]
Loss before income taxes	$ (62.6)	$ (72.7)

OTHER (Details)

OTHER (Details) - Other - USD ($) $ in Millions	May. 30, 2016	Feb. 02, 2016
Other [Line Items]
Gain (Loss) on Contract Termination	$ 15
Loans and Leases Receivable, Commitments to Purchase or Sell		$ 72

FINANCIAL INFORMATION FOR SUB58

FINANCIAL INFORMATION FOR SUBSIDIARY GUARANTORS AND NON-GUARANTORS FINANCIAL INFORMATION FOR SUBSIDIARY GUARANTORS AND NON-GUARANTORS - Additional information (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Parent
Disclosure of Dividends Paid
Dividends received by parent from subsidiary guarantors	$ 242.2	$ 48.9

Condensed Consolidating Stateme

Condensed Consolidating Statement of Operations (Detail) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Schedule of Condensed Consolidating Statement of Operations [Line Items]
Net sales	$ 245.7	$ 216.2
Cost of sales	198.1	186.9
Cost of sales—impairment, restructuring and other	5	0
Gross profit	42.6	29.3
Operating expenses:
Selling, general and administrative	139.5	126.9
Impairment, restructuring and other	4.3	9.6
Other income, net	(1)	(1.2)
Loss from operations	(100.2)	(106)
Equity income in subsidiaries	0	0
Other non-operating income	0
Costs related to refinancing	8.8	0
Interest expense	16.3	9.7
Loss before income taxes	(125.3)	(115.7)
Income tax benefit	(44.5)	(41.7)
Net loss	(80.8)	(74)
Net loss	(80.8)	(74)
Net income attributable to noncontrolling interest	(0.5)	(0.6)
Net loss attributable to controlling interest	(81.3)	(74.6)
Parent
Schedule of Condensed Consolidating Statement of Operations [Line Items]
Net sales	0
Cost of sales	0
Cost of sales—impairment, restructuring and other	0
Gross profit	0	0
Operating expenses:
Selling, general and administrative	0
Impairment, restructuring and other	0
Other income, net	0
Loss from operations	0	0
Equity income in subsidiaries	68	69.2
Other non-operating income	(4.6)	(4.5)
Costs related to refinancing	8.8
Interest expense	16	11.2
Loss before income taxes	(88.2)	(75.9)
Income tax benefit	(7.2)	(2.4)
Net loss	(81)	(73.5)
Net loss	(81)	(73.5)
Net income attributable to noncontrolling interest	0	0
Net loss attributable to controlling interest	(81)	(73.5)
Guarantor Subsidiaries
Schedule of Condensed Consolidating Statement of Operations [Line Items]
Net sales	181.5	146.5
Cost of sales	150.1	130.5
Cost of sales—impairment, restructuring and other	5
Gross profit	26.4	16
Operating expenses:
Selling, general and administrative	110.4	94.5
Impairment, restructuring and other	4.2	8.9
Other income, net	(1.7)	(1.2)
Loss from operations	(86.5)	(86.2)
Equity income in subsidiaries	2.6	3.4
Other non-operating income	0
Costs related to refinancing	0
Interest expense	10	8.3
Loss before income taxes	(99.1)	(97.9)
Income tax benefit	(34.3)	(33.9)
Net loss	(64.8)	(64)
Net loss	(64.8)	(64)
Net income attributable to noncontrolling interest	0	0
Net loss attributable to controlling interest	(64.8)	(64)
Non-Guarantor Subsidiaries
Schedule of Condensed Consolidating Statement of Operations [Line Items]
Net sales	64.2	69.7
Cost of sales	48	56.4
Cost of sales—impairment, restructuring and other	0
Gross profit	16.2	13.3
Operating expenses:
Selling, general and administrative	28.7	31.9
Impairment, restructuring and other	0.1	0.7
Other income, net	0.7
Loss from operations	(13.3)	(19.3)
Equity income in subsidiaries	0	0
Other non-operating income	(6)	(5.5)
Costs related to refinancing	0
Interest expense	0.9	0.2
Loss before income taxes	(8.2)	(14)
Income tax benefit	(3)	(5.4)
Net loss	(5.2)	(8.6)
Net loss	(5.2)	(8.6)
Net income attributable to noncontrolling interest	0	0
Net loss attributable to controlling interest	(5.2)	(8.6)
Eliminations/Consolidations
Schedule of Condensed Consolidating Statement of Operations [Line Items]
Net sales	0
Cost of sales	0
Cost of sales—impairment, restructuring and other	0
Gross profit	0	0
Operating expenses:
Selling, general and administrative	0.4	0.5
Impairment, restructuring and other	0
Other income, net	0
Loss from operations	(0.4)	(0.5)
Equity income in subsidiaries	(70.6)	(72.6)
Other non-operating income	10.6	10
Costs related to refinancing	0
Interest expense	(10.6)	(10)
Loss before income taxes	70.2	72.1
Income tax benefit	0
Net loss	70.2	72.1
Net loss	70.2	72.1
Net income attributable to noncontrolling interest	(0.5)	(0.6)
Net loss attributable to controlling interest	$ 69.7	$ 71.5

Condensed Consolidating State60

Condensed Consolidating Statement of Comprenhensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Schedule of Condensed Consolidating Statement of Comprehensive Income (Loss)
Net loss	$ (80.8)	$ (74)
Net foreign currency translation adjustment	(2.8)	(3)
Net change in derivatives	2.1	(0.1)
Net change in pension and other post retirement benefits	0.5	0.8
Total other comprehensive income (loss)	(0.2)	(2.3)
Comprehensive loss	(81)	(76.3)
Parent
Schedule of Condensed Consolidating Statement of Comprehensive Income (Loss)
Net loss	(81)	(73.5)
Net foreign currency translation adjustment	(2.8)	(3)
Net change in derivatives	2.1	(0.1)
Net change in pension and other post retirement benefits	0.5	0.8
Total other comprehensive income (loss)	(0.2)	(2.3)
Comprehensive loss	(81.2)	(75.8)
Guarantor Subsidiaries
Schedule of Condensed Consolidating Statement of Comprehensive Income (Loss)
Net loss	(64.8)	(64)
Net foreign currency translation adjustment	0	0
Net change in derivatives	(0.6)	0.6
Net change in pension and other post retirement benefits	0.3	0.5
Total other comprehensive income (loss)	(0.3)	1.1
Comprehensive loss	(65.1)	(62.9)
Non-Guarantor Subsidiaries
Schedule of Condensed Consolidating Statement of Comprehensive Income (Loss)
Net loss	(5.2)	(8.6)
Net foreign currency translation adjustment	(2.8)	(3)
Net change in derivatives	0	0
Net change in pension and other post retirement benefits	0.2	0.3
Total other comprehensive income (loss)	(2.6)	(2.7)
Comprehensive loss	(7.8)	(11.3)
Eliminations/Consolidations
Schedule of Condensed Consolidating Statement of Comprehensive Income (Loss)
Net loss	70.2	72.1
Net foreign currency translation adjustment	2.8	3
Net change in derivatives	0.6	(0.6)
Net change in pension and other post retirement benefits	(0.5)	(0.8)
Total other comprehensive income (loss)	2.9	1.6
Comprehensive loss	$ 73.1	$ 73.7

Condensed Consolidating State61

Condensed Consolidating Statement of Cash Flows (Detail) - USD ($) $ in Millions	3 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Schedule of Condensed Consolidating Statement of Cash Flows [Line Items]
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	$ (338.6)	$ (267)
INVESTING ACTIVITIES
Proceeds from sale of long-lived assets	0.1
Investments in property, plant and equipment	(16.1)	(14.5)
Investing cash flows from (to) affiliates	0
Investments in acquired businesses, net of cash acquired	0	(11.1)
Investment in unconsolidated affiliates	(0.8)	0
Net cash used in investing activities	(16.8)	(25.6)
FINANCING ACTIVITIES
Borrowings under revolving and bank lines of credit and term loans	924.3	539.6
Repayments under revolving and bank lines of credit and term loans	(751.2)	(167.1)
Proceeds from issuance of 6.000% Senior Notes	400	0
Repayment of 6.625% Senior Notes	200	0
Financing and issuance fees	(10.5)	0
Dividends paid	(28.9)	(27.4)
Purchase of common shares	0	(14.8)
Payments of seller notes	(0.8)	0
Excess tax benefits from share-based payment arrangements	0.1	0.5
Cash received from the exercise of stock options	1.2	6.2
Financing cash flows from (to) affiliates	0
Net cash provided by (used in) financing activities	334.2	337
Effect of exchange rate changes on cash	(1.2)	(3.6)
Net increase (decrease) in cash and cash equivalents	(22.4)	40.8
Cash and cash equivalents, beginning of period	71.4	89.3
Cash and cash equivalents, end of period	49	130.1
Parent
Schedule of Condensed Consolidating Statement of Cash Flows [Line Items]
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	233.1	24.9
INVESTING ACTIVITIES
Proceeds from sale of long-lived assets	0
Investments in property, plant and equipment	0	0
Investing cash flows from (to) affiliates	395
Investments in acquired businesses, net of cash acquired		0
Investment in unconsolidated affiliates	0
Net cash used in investing activities	(395)	0
FINANCING ACTIVITIES
Borrowings under revolving and bank lines of credit and term loans	0	0
Repayments under revolving and bank lines of credit and term loans	0	0
Proceeds from issuance of 6.000% Senior Notes	400
Repayment of 6.625% Senior Notes	200
Financing and issuance fees	(10.5)
Dividends paid	(28.9)	(27.4)
Purchase of common shares		(14.8)
Payments of seller notes	0
Excess tax benefits from share-based payment arrangements	0.1	0
Cash received from the exercise of stock options	1.2	6.2
Financing cash flows from (to) affiliates	0	11.1
Net cash provided by (used in) financing activities	161.9	(24.9)
Effect of exchange rate changes on cash	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	0	0
Dividends received by parent from subsidiary guarantors	242.2	48.9
Guarantor Subsidiaries
Schedule of Condensed Consolidating Statement of Cash Flows [Line Items]
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(271.9)	(198.6)
INVESTING ACTIVITIES
Proceeds from sale of long-lived assets	0.1
Investments in property, plant and equipment	(13.4)	(12.4)
Investing cash flows from (to) affiliates	0
Investments in acquired businesses, net of cash acquired		(11.1)
Investment in unconsolidated affiliates	(0.8)
Net cash used in investing activities	(14.1)	(23.5)
FINANCING ACTIVITIES
Borrowings under revolving and bank lines of credit and term loans	873.1	480.7
Repayments under revolving and bank lines of credit and term loans	(741.5)	(156.5)
Proceeds from issuance of 6.000% Senior Notes	0
Repayment of 6.625% Senior Notes	0
Financing and issuance fees	0
Dividends paid	(242.2)	(48.9)
Purchase of common shares		0
Payments of seller notes	(0.8)
Excess tax benefits from share-based payment arrangements	0	0.5
Cash received from the exercise of stock options	0	0
Financing cash flows from (to) affiliates	393.5	(12.9)
Net cash provided by (used in) financing activities	282.1	262.9
Effect of exchange rate changes on cash	0	0
Net increase (decrease) in cash and cash equivalents	(3.9)	40.8
Cash and cash equivalents, beginning of period	8.2	23.1
Cash and cash equivalents, end of period	4.3	63.9
Dividends received by parent from subsidiary guarantors		3.7
Non-Guarantor Subsidiaries
Schedule of Condensed Consolidating Statement of Cash Flows [Line Items]
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(57.6)	(40.2)
INVESTING ACTIVITIES
Proceeds from sale of long-lived assets	0
Investments in property, plant and equipment	(2.7)	(2.1)
Investing cash flows from (to) affiliates	0
Investments in acquired businesses, net of cash acquired		0
Investment in unconsolidated affiliates	0
Net cash used in investing activities	(2.7)	(2.1)
FINANCING ACTIVITIES
Borrowings under revolving and bank lines of credit and term loans	51.2	58.9
Repayments under revolving and bank lines of credit and term loans	(9.7)	(10.6)
Proceeds from issuance of 6.000% Senior Notes	0
Repayment of 6.625% Senior Notes	0
Financing and issuance fees	0
Dividends paid	0	(3.7)
Purchase of common shares		0
Payments of seller notes	0
Excess tax benefits from share-based payment arrangements	0	0
Cash received from the exercise of stock options	0	0
Financing cash flows from (to) affiliates	1.5	1.3
Net cash provided by (used in) financing activities	43	45.9
Effect of exchange rate changes on cash	(1.2)	(3.6)
Net increase (decrease) in cash and cash equivalents	(18.5)	0
Cash and cash equivalents, beginning of period	63.2	66.2
Cash and cash equivalents, end of period	44.7	66.2
Eliminations/Consolidations
Schedule of Condensed Consolidating Statement of Cash Flows [Line Items]
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(242.2)	(53.1)
INVESTING ACTIVITIES
Proceeds from sale of long-lived assets	0
Investments in property, plant and equipment	0	0
Investing cash flows from (to) affiliates	(395)
Investments in acquired businesses, net of cash acquired		0
Investment in unconsolidated affiliates	0
Net cash used in investing activities	395	0
FINANCING ACTIVITIES
Borrowings under revolving and bank lines of credit and term loans	0	0
Repayments under revolving and bank lines of credit and term loans	0	0
Proceeds from issuance of 6.000% Senior Notes	0
Repayment of 6.625% Senior Notes	0
Financing and issuance fees	0
Dividends paid	242.2	52.6
Purchase of common shares		0
Payments of seller notes	0
Excess tax benefits from share-based payment arrangements	0	0
Cash received from the exercise of stock options	0	0
Financing cash flows from (to) affiliates	(395)	0.5
Net cash provided by (used in) financing activities	(152.8)	53.1
Effect of exchange rate changes on cash	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	$ 0	$ 0

Condensed Consolidating Balance

Condensed Consolidating Balance Sheet (Detail) - USD ($) $ in Millions	Jan. 02, 2016	Sep. 30, 2015	Dec. 27, 2014	Sep. 30, 2014
Current assets:
Cash and cash equivalents	$ 49	$ 71.4	$ 130.1	$ 89.3
Accounts receivable, net	206.4	191.3	185.4
Accounts receivable pledged	0	152.9	0
Inventories	759.2	407.6	682.8
Prepaid and other current assets	133.4	125.4	127.6
Total current assets	1,148	948.6	1,125.9
Property, plant and equipment, net	449.2	453.7	434.4
Goodwill	433	432.4	364.3
Intangible assets, net	658	663.5	308.9
Other assets	39.2	29	31.7
Equity investment in subsidiaries	0	0	0
Intercompany assets	0	0	0
Total assets	2,727.4	2,527.2	2,265.2
Current liabilities:
Current portion of debt	28.8	134.8	36.6
Accounts payable	233.5	197.9	220
Other current liabilities	183.3	280.4	165.3
Total current liabilities	445.6	613.1	421.9
Long term debt	1,503.6	1,028.5	1,133.3
Other liabilities	251.5	252.5	249.1
Equity investment in subsidiaries	0	0	0
Intercompany liabilities	0	0	0
Total liabilities	2,200.7	1,894.1	1,804.3
Total shareholders' equity - controlling interest	513.8	620.7	446.8
Noncontrolling interest	12.9	12.4	14.1
Total equity	526.7	633.1	460.9
Total liabilities and equity	2,727.4	2,527.2	2,265.2
Parent
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0	0
Accounts receivable pledged		0
Inventories	0	0	0
Prepaid and other current assets	0	0	0
Total current assets	0	0	0
Property, plant and equipment, net	0	0	0
Goodwill	0	0	0
Intangible assets, net	0	0	0
Other assets	22.3	16.3	21.1
Equity investment in subsidiaries	396.7	461.3	300.7
Intercompany assets	1,619.4	1,179.4	1,266.6
Total assets	2,038.4	1,657	1,588.4
Current liabilities:
Current portion of debt	15	0	0
Accounts payable	0	0	0
Other current liabilities	15.6	15.5	13.6
Total current liabilities	30.6	15.5	13.6
Long term debt	1,491.5	1,016.3	1,122.9
Other liabilities	2.4	4.5	5.1
Equity investment in subsidiaries	0	0	0
Intercompany liabilities	0	0	0
Total liabilities	1,524.5	1,036.3	1,141.6
Total shareholders' equity - controlling interest	513.9	620.7
Noncontrolling interest	0	0
Total equity	513.9	620.7	446.8
Total liabilities and equity	2,038.4	1,657	1,588.4
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	4.3	8.2	63.9	23.1
Accounts receivable, net	118.9	96.9	97.7
Accounts receivable pledged		152.9
Inventories	628.2	318.7	547.2
Prepaid and other current assets	95.7	90.7	84.8
Total current assets	847.1	667.4	793.6
Property, plant and equipment, net	396	397.6	370.4
Goodwill	409.6	408.8	346.3
Intangible assets, net	613.5	617	247.4
Other assets	17.4	15	16
Equity investment in subsidiaries	0	0	0
Intercompany assets	0	0	0
Total assets	2,283.6	2,105.8	1,773.7
Current liabilities:
Current portion of debt	18.3	125.1	16
Accounts payable	179.1	141.5	162.7
Other current liabilities	105.8	191.9	77.3
Total current liabilities	303.2	458.5	256
Long term debt	966.1	728.4	888.4
Other liabilities	228.7	228	224.9
Equity investment in subsidiaries	183.1	156.2	99
Intercompany liabilities	449.3	296.5	257.5
Total liabilities	2,130.4	1,867.6	1,725.8
Total shareholders' equity - controlling interest	153.2	238.2
Noncontrolling interest	0	0
Total equity	153.2	238.2	47.9
Total liabilities and equity	2,283.6	2,105.8	1,773.7
Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	44.7	63.2	66.2	66.2
Accounts receivable, net	87.5	94.4	87.7
Accounts receivable pledged		0
Inventories	131	88.9	135.6
Prepaid and other current assets	37.7	34.7	42.8
Total current assets	300.9	281.2	332.3
Property, plant and equipment, net	53.2	56.1	64
Goodwill	11.8	12	6.4
Intangible assets, net	33.2	34.8	48.5
Other assets	14.8	15	27.5
Equity investment in subsidiaries	0	0	0
Intercompany assets	0	0	0
Total assets	413.9	399.1	478.7
Current liabilities:
Current portion of debt	10.5	9.7	20.6
Accounts payable	54.4	56.4	57.3
Other current liabilities	61.9	73	74.4
Total current liabilities	126.8	139.1	152.3
Long term debt	137.5	100.1	44.8
Other liabilities	30.6	32.3	47
Equity investment in subsidiaries	0	0	0
Intercompany liabilities	45.4	47.6	87.1
Total liabilities	340.3	319.1	331.2
Total shareholders' equity - controlling interest	73.6	80
Noncontrolling interest	0	0
Total equity	73.6	80	147.5
Total liabilities and equity	413.9	399.1	478.7
Eliminations/Consolidations
Current assets:
Cash and cash equivalents	0	0	0	$ 0
Accounts receivable, net	0	0	0
Accounts receivable pledged		0
Inventories	0	0	0
Prepaid and other current assets	0	0	0
Total current assets	0	0	0
Property, plant and equipment, net	0	0	0
Goodwill	11.6	11.6	11.6
Intangible assets, net	11.3	11.7	13
Other assets	(15.3)	(17.3)	(32.9)
Equity investment in subsidiaries	(396.7)	(461.3)	(300.7)
Intercompany assets	(1,619.4)	(1,179.4)	(1,266.6)
Total assets	(2,008.5)	(1,634.7)	(1,575.6)
Current liabilities:
Current portion of debt	(15)	0	0
Accounts payable	0	0	0
Other current liabilities	0	0	0
Total current liabilities	(15)	0	0
Long term debt	(1,091.5)	(816.3)	(922.8)
Other liabilities	(10.2)	(12.3)	(27.9)
Equity investment in subsidiaries	(183.1)	(156.2)	(99)
Intercompany liabilities	(494.7)	(344.1)	(344.6)
Total liabilities	(1,794.5)	(1,328.9)	(1,394.3)
Total shareholders' equity - controlling interest	(226.9)	(318.2)
Noncontrolling interest	12.9	12.4
Total equity	(214)	(305.8)	(181.3)
Total liabilities and equity	$ (2,008.5)	$ (1,634.7)	$ (1,575.6)