$SMG
SCOTTS MIRACLE-GRO CO Stock $smg

$smg Overview Financials Valuation SEC Filings Company Website

2015 Q2 Form 10-Q Financial Statement

#000154638016000062 Filed on August 10, 2016

Income Statement

Concept	2015 Q2
Revenue	$1.111B
YoY Change	-0.46%
Cost Of Revenue	$722.1M
YoY Change	4.18%
Gross Profit	$385.8M
YoY Change	-8.86%
Gross Profit Margin	34.72%
Selling, General & Admin	$155.3M
YoY Change	-17.83%
% of Gross Profit	40.25%
Research & Development	$11.60M
YoY Change	-4.92%
% of Gross Profit	3.01%
Depreciation & Amortization	$18.50M
YoY Change	16.35%
% of Gross Profit	4.8%
Operating Expenses	$155.3M
YoY Change	-17.83%
Operating Profit	$191.4M
YoY Change	-4.73%
Interest Expense	$14.30M
YoY Change	11.72%
% of Operating Profit	7.47%
Other Income/Expense, Net	$0.00
YoY Change
Pretax Income	$177.1M
YoY Change	-5.85%
Income Tax	$62.00M
% Of Pretax Income	35.01%
Net Earnings	$133.4M
YoY Change	9.61%
Net Earnings / Revenue	12.0%
Basic Earnings Per Share	$2.18
Diluted Earnings Per Share	$2.14
COMMON SHARES
Basic Shares Outstanding	61.30M shares
Diluted Shares Outstanding	62.30M shares

Balance Sheet

Concept	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$79.90M
YoY Change	-45.72%
Cash & Equivalents	$79.90M
Short-Term Investments
Other Short-Term Assets	$131.6M
YoY Change	4.53%
Inventory	$399.8M
Prepaid Expenses
Receivables	$406.7M
Other Receivables	$0.00
Total Short-Term Assets	$1.612B
YoY Change	14.24%
LONG-TERM ASSETS
Property, Plant & Equipment	$437.9M
YoY Change	-1.24%
Goodwill	$282.1M
YoY Change	-15.36%
Intangibles	$661.6M
YoY Change	135.19%
Long-Term Investments	$0.00
YoY Change
Other Assets	$24.60M
YoY Change	-34.22%
Total Long-Term Assets	$1.406B
YoY Change	28.37%
TOTAL ASSETS
Total Short-Term Assets	$1.612B
Total Long-Term Assets	$1.406B
Total Assets	$3.018B
YoY Change	20.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$308.6M
YoY Change	10.49%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due	$314.0M
YoY Change	56.61%
Total Short-Term Liabilities	$1.348B
YoY Change	48.41%
LONG-TERM LIABILITIES
Long-Term Debt	$734.9M
YoY Change	16.89%
Other Long-Term Liabilities	$241.6M
YoY Change	12.84%
Total Long-Term Liabilities	$976.5M
YoY Change	15.86%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.348B
Total Long-Term Liabilities	$976.5M
Total Liabilities	$2.325B
YoY Change	32.75%
SHAREHOLDERS EQUITY
Retained Earnings	$737.1M
YoY Change	-8.21%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$369.5M
YoY Change	0.96%
Treasury Stock Shares	6.900M shares
Shareholders Equity	$680.0M
YoY Change
Total Liabilities & Shareholders Equity	$3.018B
YoY Change	20.42%

Cashflow Statement

Concept	2015 Q2
OPERATING ACTIVITIES
Net Income	$133.4M
YoY Change	9.61%
Depreciation, Depletion And Amortization	$18.50M
YoY Change	16.35%
Cash From Operating Activities	$672.9M
YoY Change	3.7%
INVESTING ACTIVITIES
Capital Expenditures	-$13.20M
YoY Change	-14.84%
Acquisitions
YoY Change
Other Investing Activities	-$128.5M
YoY Change	-3993.94%
Cash From Investing Activities	-$141.7M
YoY Change	1061.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-507.4M
YoY Change	-21.31%
NET CHANGE
Cash From Operating Activities	672.9M
Cash From Investing Activities	-141.7M
Cash From Financing Activities	-507.4M
Net Change In Cash	23.80M
YoY Change	-393.83%
FREE CASH FLOW
Cash From Operating Activities	$672.9M
Capital Expenditures	-$13.20M
Free Cash Flow	$686.1M
YoY Change	3.27%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-07-02
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000825542
CY2016Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	60606902	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.355
	dei	Entity Registrant Name EntityRegistrantName	SCOTTS MIRACLE-GRO CO
	dei	Trading Symbol TradingSymbol	SMG
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CY2015Q3	smg	Agency Agreement Obligation AgencyAgreementObligation	0	USD
CY2016Q3	smg	Agency Agreement Obligation AgencyAgreementObligation	0	USD
	smg	Bond Premium Paid BondPremiumPaid	0	USD
	smg	Bond Premium Paid BondPremiumPaid	6600000	USD
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	smg	Cost Of Sales Impairment Restructuring And Other Charges CostOfSalesImpairmentRestructuringAndOtherCharges	3600000	USD
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	smg	Cost Of Sales Impairment Restructuring And Other Charges CostOfSalesImpairmentRestructuringAndOtherCharges	5500000	USD
	smg	Costs Relatedto Refinancing Noncash CostsRelatedtoRefinancingNoncash	0	USD
	smg	Costs Relatedto Refinancing Noncash CostsRelatedtoRefinancingNoncash	2200000	USD
	smg	Gain Loss On Sale Of Long Lived Assets GainLossOnSaleOfLongLivedAssets	-600000	USD
	smg	Gain Loss On Sale Of Long Lived Assets GainLossOnSaleOfLongLivedAssets	1200000	USD
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	smg	Income Loss From Investments In Consolidated Subsidiaries IncomeLossFromInvestmentsInConsolidatedSubsidiaries	0	USD
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CY2015Q3	smg	Intercompany Assets IntercompanyAssets	0	USD
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CY2015Q2	smg	Intercompany Liabilities IntercompanyLiabilities	0	USD
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CY2016Q2	smg	Interest Coverage Ratio InterestCoverageRatio	8.22
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	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1532600000	USD
	us-gaap	Debt Instrument Restrictive Covenants DebtInstrumentRestrictiveCovenants	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.
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CY2015Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	1.89
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	2.95
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	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	4.46
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	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	2.90
CY2016Q3	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	2.06
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	4.40
CY2015Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	17900000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	3200000	USD
CY2016Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	85700000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	68200000	USD
CY2015Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.29
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.06
CY2016Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	1.40
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	1.11
CY2015Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.29
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.05
CY2016Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	1.38
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	1.10
CY2015Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2016Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-3500000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-3500000	USD
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	62000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	97000000	USD
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	69500000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	150300000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	53700000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	52300000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	125800000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	51100000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	475600000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	447800000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	21100000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	52600000	USD
	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	114400000	USD
	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	147200000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-3200000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-44800000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-6100000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	6300000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	15700000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	27500000	USD
	us-gaap	Increase Decrease In Restructuring Reserve IncreaseDecreaseInRestructuringReserve	37000000	USD
	us-gaap	Increase Decrease In Restructuring Reserve IncreaseDecreaseInRestructuringReserve	-9600000	USD
CY2015Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	661600000	USD
CY2015Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	655100000	USD
CY2016Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	750600000	USD
CY2015Q2	us-gaap	Interest Expense InterestExpense	14300000	USD
	us-gaap	Interest Expense InterestExpense	39000000	USD
CY2016Q3	us-gaap	Interest Expense InterestExpense	16900000	USD
	us-gaap	Interest Expense InterestExpense	52300000	USD
CY2016Q3	us-gaap	Interest Income Other InterestIncomeOther	1700000	USD
	us-gaap	Interest Income Other InterestIncomeOther	2200000	USD
	us-gaap	Interest Paid Net InterestPaidNet	39300000	USD
	us-gaap	Interest Paid Net InterestPaidNet	48100000	USD
CY2015Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	247400000	USD
CY2015Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	218900000	USD
CY2016Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	299900000	USD
CY2015Q2	us-gaap	Inventory Net InventoryNet	399800000	USD
CY2015Q3	us-gaap	Inventory Net InventoryNet	395800000	USD
CY2016Q3	us-gaap	Inventory Net InventoryNet	469900000	USD
CY2015Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	113100000	USD
CY2015Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	128600000	USD
CY2016Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	123400000	USD
CY2015Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	20900000	USD
CY2015Q3	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	17800000	USD
CY2016Q3	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	15300000	USD
CY2015Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	39300000	USD
CY2015Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	48300000	USD
CY2016Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	46600000	USD
CY2015Q2	us-gaap	Investments In And Advances To Affiliates At Fair Value InvestmentsInAndAdvancesToAffiliatesAtFairValue	0	USD
CY2015Q3	us-gaap	Investments In And Advances To Affiliates At Fair Value InvestmentsInAndAdvancesToAffiliatesAtFairValue	0	USD
CY2016Q3	us-gaap	Investments In And Advances To Affiliates At Fair Value InvestmentsInAndAdvancesToAffiliatesAtFairValue	0	USD
CY2016Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	26800000	USD
CY2015Q2	us-gaap	Liabilities Liabilities	2324700000	USD
CY2015Q3	us-gaap	Liabilities Liabilities	1894100000	USD
CY2016Q3	us-gaap	Liabilities Liabilities	2427500000	USD
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3018100000	USD
CY2015Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2527200000	USD
CY2016Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3259700000	USD
CY2015Q2	us-gaap	Liabilities Current LiabilitiesCurrent	1348200000	USD
CY2015Q3	us-gaap	Liabilities Current LiabilitiesCurrent	618600000	USD
CY2016Q3	us-gaap	Liabilities Current LiabilitiesCurrent	991200000	USD
CY2015Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	63400000	USD
CY2015Q3	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	41700000	USD
CY2016Q3	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	0	USD
	us-gaap	Line Of Credit Facility Expiration Date1 LineOfCreditFacilityExpirationDate1	2020-10-29
CY2016Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1900000000	USD
CY2016Q3	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	1147000000	USD
CY2015Q2	us-gaap	Long Term Debt LongTermDebt	1048900000	USD
CY2015Q3	us-gaap	Long Term Debt LongTermDebt	1157600000	USD
CY2016Q3	us-gaap	Long Term Debt LongTermDebt	1512800000	USD
CY2015Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	314000000	USD
CY2015Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	132600000	USD
CY2016Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	382500000	USD
CY2015Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	734900000	USD
CY2015Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1025000000	USD
CY2016Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1130300000	USD
CY2015Q2	us-gaap	Minority Interest MinorityInterest	13400000	USD
CY2015Q3	us-gaap	Minority Interest MinorityInterest	12400000	USD
CY2016Q3	us-gaap	Minority Interest MinorityInterest	19300000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	186200000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	152800000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-215000000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-114800000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	24200000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-28900000	USD
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	133400000	USD
	us-gaap	Net Income Loss NetIncomeLoss	183400000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	213100000	USD
	us-gaap	Net Income Loss NetIncomeLoss	341900000	USD
CY2015Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-400000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-100000	USD
CY2016Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-400000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-200000	USD
	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	7100000	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	191400000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	316100000	USD
CY2016Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	216900000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	488400000	USD
CY2015Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	24600000	USD
CY2015Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	25000000	USD
CY2016Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	138000000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	2500000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-8800000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-12300000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-14800000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	2800000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	1200000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	500000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	2500000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-10900000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	6100000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5300000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-10900000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-10700000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-800000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-2300000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-900000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1600000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax	500000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax	1400000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax	600000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax	1000000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-2300000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-5600000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-1700000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-5300000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax	1400000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax	3500000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax	1100000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax	800000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax	2300000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax	900000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax	1600000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	500000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-4400000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-1200000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-2800000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	300000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	2700000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	700000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	1700000	USD
CY2015Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	362200000	USD
CY2015Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	251200000	USD
CY2016Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	359200000	USD
CY2015Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	241600000	USD
CY2015Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	250500000	USD
CY2016Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	306000000	USD
CY2015Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	USD
CY2016Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	USD
CY2015Q2	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	1800000	USD
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	2400000	USD
CY2016Q3	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	5600000	USD
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	7100000	USD
	us-gaap	Payments For Proceeds From Businesses And Interest In Affiliates PaymentsForProceedsFromBusinessesAndInterestInAffiliates	0	USD
	us-gaap	Payments For Proceeds From Businesses And Interest In Affiliates PaymentsForProceedsFromBusinessesAndInterestInAffiliates	0	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	90000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	14800000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	81200000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	82400000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	86400000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	11200000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	179100000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	161400000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	0	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	24200000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	41200000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	35700000	USD
CY2015Q2	us-gaap	Pledged Assets Separately Reported Finance Receivables Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue	376400000	USD
CY2015Q3	us-gaap	Pledged Assets Separately Reported Finance Receivables Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue	152900000	USD
CY2016Q3	us-gaap	Pledged Assets Separately Reported Finance Receivables Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue	435100000	USD
CY2015Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	125900000	USD
CY2015Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	121100000	USD
CY2016Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	139200000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	0	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	400000000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	1440700000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	1882600000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	5300000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2400000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	16500000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	9900000	USD
CY2015Q2	us-gaap	Profit Loss ProfitLoss	133000000	USD
	us-gaap	Profit Loss ProfitLoss	183300000	USD
CY2016Q3	us-gaap	Profit Loss ProfitLoss	212700000	USD
	us-gaap	Profit Loss ProfitLoss	341700000	USD
CY2015Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	437900000	USD
CY2015Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	444100000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	449600000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	1175900000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	1762900000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	800000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	2300000	USD
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	0	USD
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	200000000	USD
CY2015Q2	us-gaap	Restructuring Charges RestructuringCharges	44300000	USD
	us-gaap	Restructuring Charges RestructuringCharges	57600000	USD
CY2016Q3	us-gaap	Restructuring Charges RestructuringCharges	-5400000	USD
	us-gaap	Restructuring Charges RestructuringCharges	-46200000	USD
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	4300000	USD
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	200000	USD
CY2015Q3	us-gaap	Restructuring Reserve RestructuringReserve	28100000	USD
CY2016Q3	us-gaap	Restructuring Reserve RestructuringReserve	18500000	USD
CY2016Q3	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	1900000	USD
CY2015Q2	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	40900000	USD
	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	54000000	USD
CY2016Q3	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	-5800000	USD
	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	-51700000	USD
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	737100000	USD
CY2015Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	684200000	USD
CY2016Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	938600000	USD
CY2015Q2	us-gaap	Sales Revenue Net SalesRevenueNet	1111300000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	2352600000	USD
CY2016Q3	us-gaap	Sales Revenue Net SalesRevenueNet	994100000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	2433800000	USD
CY2015Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	155300000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	449500000	USD
CY2016Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	151900000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	466100000	USD
CY2015Q2	us-gaap	Share Based Compensation ShareBasedCompensation	2100000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	11400000	USD
CY2016Q3	us-gaap	Share Based Compensation ShareBasedCompensation	2400000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	13700000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	626058	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	603730	shares
	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	16900000	USD
	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	16400000	USD
	us-gaap	Stock Issued During Period Value Treasury Stock Reissued StockIssuedDuringPeriodValueTreasuryStockReissued	30500000	USD
	us-gaap	Stock Issued During Period Value Treasury Stock Reissued StockIssuedDuringPeriodValueTreasuryStockReissued	15800000	USD
CY2014Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	500000000	USD
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	1400000	shares
CY2016Q3	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	500000	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	1200000	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	96000000	USD
CY2016Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	38400000	USD
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	81200000	USD
CY2015Q2	us-gaap	Stockholders Equity StockholdersEquity	680000000	USD
CY2015Q3	us-gaap	Stockholders Equity StockholdersEquity	620700000	USD
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	812900000	USD
CY2014Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	567200000	USD
CY2015Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	693400000	USD
CY2015Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	633100000	USD
CY2016Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	832200000	USD
CY2015Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	6900000	shares
CY2015Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	6700000	shares
CY2016Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	7300000	shares
CY2015Q2	us-gaap	Treasury Stock Value TreasuryStockValue	369500000	USD
CY2015Q3	us-gaap	Treasury Stock Value TreasuryStockValue	357100000	USD
CY2016Q3	us-gaap	Treasury Stock Value TreasuryStockValue	409300000	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	14800000	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	81200000	USD
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	62300000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	62100000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	61900000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	62200000	shares
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	61300000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	61000000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	61100000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	61300000	shares
	smg	Long Lived Assets Policytextblock LongLivedAssetsPolicytextblock	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Long-lived Assets</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company had non-cash investing activities of </font><font style="font-family:inherit;font-size:10pt;">$1.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;"> during the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">July 2, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">June 27, 2015</font><font style="font-family:inherit;font-size:10pt;">, respectively, representing unpaid liabilities incurred during each period to acquire property, plant and equipment.</font></div></div>
	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CONTINGENCIES</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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. </font></div><div style="line-height:120%;padding-top:10px;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Regulatory Matters</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">July 2, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$4.1 million</font><font style="font-family:inherit;font-size:10pt;"> 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.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Other</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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.</font></div><div style="line-height:120%;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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 </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">In re Morning Song Bird Food Litigation</font><font style="font-family:inherit;font-size:10pt;">, 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.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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.</font></div></div>
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Nature of Operations</font></div><div style="line-height:120%;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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.</font></div><div style="line-height:120%;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior to April 13, 2016, the Company operated the Scotts LawnService</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> business (the “SLS Business”), which provides residential and commercial lawn care, tree and shrub care and pest control services in the United States. On </font><font style="font-family:inherit;font-size:10pt;">April 13, 2016</font><font style="font-family:inherit;font-size:10pt;">, pursuant to the terms of the Contribution and Distribution Agreement (the “Contribution Agreement”) between the Company and TruGreen Holding Corporation (“TruGreen Holdings”), the Company completed the contribution of the SLS Business to a newly formed subsidiary of TruGreen Holdings (the “Joint Venture”) in exchange for a minority equity interest of approximately </font><font style="font-family:inherit;font-size:10pt;">30%</font><font style="font-family:inherit;font-size:10pt;"> in the Joint Venture. As a result, effective in its second quarter of fiscal 2016, the Company classified its results of operations for all periods presented to reflect the SLS Business as a discontinued operation and classified the assets and liabilities of the SLS Business as held for sale. See “NOTE 2. DISCONTINUED OPERATIONS” for further discussion. Prior to being reported as discontinued operations, the SLS Business was included as its own reportable segment. Refer to “</font><font style="font-family:inherit;font-size:10pt;font-weight:normal;">NOTE 15. SEGMENT INFORMATION</font><font style="font-family:inherit;font-size:10pt;">” for discussion of the Company’s new reportable segments identified effective in the second quarter of fiscal 2016. </font></div><div style="line-height:120%;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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 </font><font style="font-family:inherit;font-size:10pt;">75%</font><font style="font-family:inherit;font-size:10pt;"> of the Company’s annual net sales. </font></div><div style="line-height:120%;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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 had six additional days and the fourth quarter of fiscal 2016 will have five less days compared to the corresponding quarters of fiscal 2015. In addition, the third quarter of fiscal 2016 began six days later than the third quarter of fiscal 2015 and these six days occurred during the Company’s peak selling season. The Company’s third quarter of fiscal 2016 ended on </font><font style="font-family:inherit;font-size:10pt;">July 2, 2016</font><font style="font-family:inherit;font-size:10pt;"> while the Company’s third quarter of fiscal 2015 ended on </font><font style="font-family:inherit;font-size:10pt;">June 27, 2015</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;"></font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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.</font></div></div>

Files In Submission

Name	View Source	Status
0001546380-16-000062-index-headers.html	Edgar Link	pending
0001546380-16-000062-index.html	Edgar Link	pending
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exhibit10smg722016q3f16.htm	Edgar Link	pending
exhibit21smg722016q3f16.htm	Edgar Link	pending
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exhibit312smg722016q3f16.htm	Edgar Link	pending
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SCOTTS MIRACLE-GRO CO Stock $smg

2015 Q2 Form 10-Q Financial Statement

#000154638016000062 Filed on August 10, 2016

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$SMG SCOTTS MIRACLE-GRO CO Stock $smg

2015 Q2 Form 10-Q Financial Statement

#000154638016000062 Filed on August 10, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SMG
SCOTTS MIRACLE-GRO CO Stock $smg