FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Sep. 30, 2024

Carrying Amounts and Fair Values of Financial Instruments

The following summarizes the carrying amounts and fair values of financial instruments (in millions):


		September 30, 2024				September 30, 2023
	Level	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Assets:
Cash and cash equivalents	1	$	6,261	$	6,261	$	3,472	$	3,472
Interest rate swap agreements (1)	2	34		34		103		103
Interest rate cap agreements (1)	2	20		20		—		—
Foreign currency forward exchange contracts (1)	2	3		3		—		—
Interest rate swap agreements (2)	2	—		—		41		41
Interest rate cap agreements (2)	2	—		—		53		53
Interest rate collar agreements (2)	2	3		3		17		17
Liabilities:
Interest rate swap agreements (3)	2	1		1		—		—
Interest rate cap agreements (3)	2	1		1		—		—
Foreign currency forward exchange contracts (3)	2	—		—		5		5
Interest rate swap agreements (4)	2	—		—		3		3
Interest rate cap agreements (4)	2	—		—		1		1
Interest rate collar agreements (4)	2	8		8		—		—
Short-term borrowings - trade receivable securitization facility (5)	2	486		486		349		349
Long-term debt, including current portion:
Term loans (5)	2	8,642		8,694		6,179		6,212
2026 Secured Notes (5)	1	—		—		4,377		4,329
7.50% 2027 Notes (5)	1	—		—		548		549
5.50% 2027 Notes (5)	1	2,641		2,637		2,638		2,484
2028 Secured Notes (5)	1	2,077		2,160		2,071		2,069
4.625% 2029 Notes (5)	1	1,194		1,160		1,193		1,047
2029 Secured Notes (5)	1	2,727		2,836		—		—
4.875% 2029 Notes (5)	1	746		729		745		654
2030 Secured Notes (5)	1	1,438		1,519		1,436		1,423
2031 Secured Notes (5)	1	984		1,058		—		—
2032 Secured Notes (5)	1	2,180		2,291		—		—
2033 Secured Notes (5)	1	1,486		1,521		—		—
Government refundable advances	2	17		17		21		21
Finance lease obligations	2	262		262		193		193

(1)Included in prepaid expenses and other on the consolidated balance sheets.

(2)Included in other assets on the consolidated balance sheets.

(3)Included in accrued and other current liabilities on the consolidated balance sheets.

(4)Included in other non-current liabilities on the consolidated balance sheets.

(5)The carrying amount of the debt instrument is presented net of the debt issuance costs, premium and discount. Refer to Note 10, “Debt,” for gross carrying amounts.