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PENSION AND POSTRETIREMENT PLANS (Tables) | 12 Months Ended
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Sep. 30, 2024
Retirement Benefits [Abstract] |
Schedule of Retirement Plans Expense | Retirement plans expense includes the following components:
| U.S. Plans |  | Non-U.S. Plans
| 2022 |  |  | 2023 |  |  | 2024 |  |  | 2022 |  |  | 2023 |  |  | 2024 |
Defined benefit plans: |  |  |  |  |  |  |  |  |  |  |
Service cost (benefits earned during the period) | $ | 49 |  |  | 25 |  |  | 17 |  |  | 25 |  |  | 20 |  |  | 20 |
Interest cost | 99 |  |  | 164 |  |  | 169 |  |  | 33 |  |  | 50 |  |  | 49 |
Expected return on plan assets | (253) |  |  | (247) |  |  | (259) |  |  | (56) |  |  | (39) |  |  | (38) |
Net amortization and other | 102 |  |  | (55) |  |  | (43) |  |  | 3 |  |  | 18 |  |  | 6 |
Net periodic pension expense (income) | (3) |  |  | (113) |  |  | (116) |  |  | 5 |  |  | 49 |  |  | 37 |
Defined contribution plans | 124 |  |  | 111 |  |  | 130 |  |  | 52 |  |  | 49 |  |  | 70 |
Total retirement plans expense (income) | $ | 121 |  |  | (2) |  |  | 14 |  |  | 57 |  |  | 98 |  |  | 107 |
Schedule of Reconciliations of Actuarial Present Value of Projected Benefit Obligations and Fair Value of Plan Assets for Defined Benefit Pension Plans | Details of the changes in the actuarial present value of the projected benefit obligation and the fair value of plan assets for defined benefit pension plans follow:
| U.S. Plans |  | Non-U.S. Plans
| 2023 |  |  | 2024 |  |  | 2023 |  |  | 2024 |
Projected benefit obligation, beginning | $ | 3,112 |  |  | 2,934 |  |  | 965 |  |  | 926 |
Service cost | 25 |  |  | 17 |  |  | 20 |  |  | 20 |
Interest cost | 164 |  |  | 169 |  |  | 50 |  |  | 49 |
Actuarial (gain) loss | (75) |  |  | 283 |  |  | (25) |  |  | 13 |
Curtailments | (31) |  |  | (4) |  |  | — |  |  | — |
Benefits paid | (204) |  |  | (205) |  |  | (42) |  |  | (41) |
Settlements | (2) |  |  | (108) |  |  | (70) |  |  | (39) |
Acquisitions (Divestitures), net | (56) |  |  | — |  |  | (46) |  |  | 6 |
Foreign currency translation and other | 1 |  |  | 3 |  |  | 74 |  |  | 70 |
Projected benefit obligation, ending | $ | 2,934 |  |  | 3,089 |  |  | 926 |  |  | 1,004 |
Fair value of plan assets, beginning | $ | 3,625 |  |  | 3,590 |  |  | 908 |  |  | 864 |
Actual return on plan assets | 230 |  |  | 598 |  |  | (40) |  |  | 73 |
Employer contributions | 14 |  |  | 14 |  |  | 32 |  |  | 24 |
Benefits paid | (204) |  |  | (205) |  |  | (42) |  |  | (41) |
Settlements | (2) |  |  | (108) |  |  | (70) |  |  | (39) |
Acquisitions (Divestitures), net | (74) |  |  | — |  |  | 2 |  |  | (2) |
Foreign currency translation and other | 1 |  |  | — |  |  | 74 |  |  | 87 |
Fair value of plan assets, ending | $ | 3,590 |  |  | 3,889 |  |  | 864 |  |  | 966 |
Net amount recognized in the balance sheet | $ | 656 |  |  | 800 |  |  | (62) |  |  | (38) |
Location of net amount recognized in the balance sheet: |  |  |  |  |  |  |
Noncurrent asset | $ | 815 |  |  | 961 |  |  | 180 |  |  | 233 |
Current liability | (14) |  |  | (14) |  |  | (17) |  |  | (17) |
Noncurrent liability | (145) |  |  | (147) |  |  | (225) |  |  | (254) |
Net amount recognized in the balance sheet | $ | 656 |  |  | 800 |  |  | (62) |  |  | (38) |
Pretax accumulated other comprehensive loss | $ | (257) |  |  | (243) |  |  | (181) |  |  | (163) |
Schedule of Weighted-Average Assumptions Used in Valuations of Pension Benefits | The weighted-average assumptions used in the valuation of pension benefits follow:
| U.S. Plans |  | Non-U.S. Plans
| 2022 |  |  | 2023 |  |  | 2024 |  |  | 2022 |  |  | 2023 |  |  | 2024 |
Net pension expense |  |  |  |  |  |  |  |  |  |  |
Discount rate used to determine service cost | 3.16 | % |  | 5.66 | % |  | 6.09 | % |  | 2.2 | % |  | 4.9 | % |  | 5.2 | %
Discount rate used to determine interest cost | 2.31 | % |  | 5.49 | % |  | 5.94 | % |  | 2.2 | % |  | 4.9 | % |  | 5.2 | %
Expected return on plan assets | 6.00 | % |  | 6.00 | % |  | 6.50 | % |  | 4.4 | % |  | 4.4 | % |  | 4.7 | %
Rate of compensation increase | 4.00 | % |  | 4.00 | % |  | 4.00 | % |  | 3.7 | % |  | 4.0 | % |  | 3.9 | %
Benefit obligations |  |  |  |  |  |  |  |  |  |  |
Discount rate | 5.64 | % |  | 6.03 | % |  | 4.97 | % |  | 4.9 | % |  | 5.2 | % |  | 4.7 | %
Rate of compensation increase | 4.00 | % |  | 4.00 | % |  | 4.00 | % |  | 4.0 | % |  | 3.9 | % |  | 3.9 | %
Schedule of Asset Allocations and Weighted-Average Target Allocations | The Company's asset allocations at September 30, 2024 and 2023, and weighted-average target allocations follow:
| U.S. Plans |  | Non-U.S. Plans
| 2023 |  |  | 2024 |  |  | Target |  | 2023 |  |  | 2024 |  |  | Target
Equity securities | 39 | % |  | 29 | % |  | 25-35% |  | 8 | % |  | 7 | % |  | 5-15%
Debt securities | 51 |  |  | 63 |  |  | 60-70 |  | 75 |  |  | 69 |  |  | 65-75
Other | 10 |  |  | 8 |  |  | 0-10 |  | 17 |  |  | 24 |  |  | 15-25
Total | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | %
The fair values of defined benefit pension assets a s of September 30, o rganized by asset class and by the fair value hierarchy of ASC 820, Fair Value Measurement, follow. Investments valued based on the net asset value (NAV) of fund units held, as derived from the fair value of the underlying assets, are excluded from the fair value hierarchy.
| Level 1 |  | Level 2 |  | Level 3 |  | Measured at NAV |  | Total |  | %
2024 |  |  |  |  |  |  |  |  |  |  |
U.S. equities | $ | 245 |  |  | 10 |  |  | — |  |  | 620 |  |  | 875 |  |  | 18 | %
International equities | 154 |  |  | 12 |  |  | — |  |  | 65 |  |  | 231 |  |  | 5 | %
Emerging market equities |  |  | 1 |  |  | — |  |  | 101 |  |  | 102 |  |  | 2 | %
Corporate bonds |  |  | 1,221 |  |  | — |  |  | 879 |  |  | 2,100 |  |  | 43 | %
Government bonds |  |  | 904 |  |  | — |  |  | 108 |  |  | 1,012 |  |  | 21 | %
Other | 206 |  |  | 1 |  |  | 132 |  |  | 196 |  |  | 535 |  |  | 11 | %
Total | $ | 605 |  |  | 2,149 |  |  | 132 |  |  | 1,969 |  |  | 4,855 |  |  | 100 | %
2023 |  |  |  |  |  |  |  |  |  |  |
U.S. equities | $ | 396 |  |  | 9 |  |  | — |  |  | 619 |  |  | 1,024 |  |  | 23 | %
International equities | 210 |  |  | 14 |  |  | — |  |  | 103 |  |  | 327 |  |  | 7 | %
Emerging market equities | — |  |  | 1 |  |  | — |  |  | 118 |  |  | 119 |  |  | 3 | %
Corporate bonds | — |  |  | 1,008 |  |  | — |  |  | 843 |  |  | 1,851 |  |  | 42 | %
Government bonds | — |  |  | 505 |  |  | — |  |  | 124 |  |  | 629 |  |  | 14 | %
Other | 121 |  |  | 7 |  |  | 126 |  |  | 250 |  |  | 504 |  |  | 11 | %
Total | $ | 727 |  |  | 1,544 |  |  | 126 |  |  | 2,057 |  |  | 4,454 |  |  | 100 | %

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- Definition Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (a)(b)(c) -Paragraph 1 -SubTopic 20 -Topic 715 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (d)(5) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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- Definition Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 715 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (k) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (h) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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