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Debt and Financing Arrangements (Tables)
 12 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Short-Term Debt
Short-term debt consisted of the following (in millions):
 
September 30,
 
2017
 
2016
Bank borrowings and commercial paper
$
1,214

 
$
1,078

Weighted average interest rate on short-term debt outstanding
1.6
%
 
1.1
%
Long-Term Debt
Long-term debt consisted of the following (in millions; due dates by fiscal year):
 
September 30,
 
2017
 
2016
Unsecured notes
 
 
 
JCI Inc. - 7.125% due in 2017 ($150 million par value)
$
—

 
$
149

JCI Inc. - 2.6% due in 2017 ($400 million par value)
—

 
404

JCI Inc. - 2.355% due in 2017 ($46 million par value)
—

 
46

JCI plc - 1.4% due in 2018 ($259 million par value)
259

 
—

JCI Inc. - 1.4% due in 2018 ($41 million par value in 2017; $300 million par value in 2016)
42

 
301

JCI plc - 3.75% due in 2018 ($49 million par value)
49

 
—

Tyco International Finance S.A. ("TIFSA") - 3.75% due in 2018 ($18 million par value in 2017; $67 million par value in 2016)
18

 
69

JCI plc - 5.00% due in 2020 ($453 million par value)
452

 
—

JCI Inc. - 5.00% due in 2020 ($47 million par value in 2017; $500 million par value in 2016)
47

 
499

JCI plc - 4.25% due in 2021 ($447 million par value)
446

 
—

JCI Inc. - 4.25% due in 2021 ($53 million par value in 2017; $500 million par value in 2016)
53

 
498

JCI plc - 3.75% due in 2022 ($428 million par value)
427

 
—

JCI Inc. - 3.75% due in 2022 ($22 million par value in 2017; $450 million par value in 2016)
22

 
448

JCI plc - 4.625% due in 2023 ($35 million par value)
38

 
—

TIFSA - 4.625% due in 2023 ($7 million par value in 2017; $42 million par value in 2016)
8

 
46

JCI plc - 1.00% due in 2023 (€1,000 million par value)
1,171

 
—

JCI plc - 3.625% due in 2024 ($468 million par value)
468

 
—

JCI Inc. - 3.625% due in 2024 ($31 million par value in 2017; $500 million par value in 2016)
31

 
500

Adient - 3.5% due in 2024 (€1,000 million par value)
—

 
1,119

JCI plc - 1.375% due in 2025 (€423 million par value)
510

 
—

TIFSA - 1.375% due in 2025 (€58 million par value in 2017; €500 million par value in 2016)
70

 
571

JCI plc - 3.90% due in 2026 ($698 million par value)
763

 
—

TIFSA - 3.90% due in 2026 ($51 million par value in 2017; $750 million par value in 2016)
53

 
824

Adient - 4.875% due in 2026 ($900 million par value)
—

 
900

JCI plc - 6.00% due in 2036 ($392 million par value)
388

 
—

JCI Inc. - 6.00% due in 2036 ($8 million par value in 2017; $400 million par value in 2016)
8

 
396

JCI plc - 5.70% due in 2041 ($270 million par value)
269

 
—

JCI Inc. - 5.70% due in 2041 ($30 million par value in 2017; $300 million par value in 2016)
30

 
299

JCI plc - 5.25% due in 2042 ($242 million par value)
242

 
—

JCI Inc. - 5.25% due in 2042 ($8 million par value in 2017; $250 million par value in 2016)
8

 
250

JCI plc - 4.625% due in 2044 ($445 million par value)
441

 
—

JCI Inc. - 4.625% due in 2044 ($6 million par value in 2017; $450 million par value in 2016)
6

 
447

JCI plc - 5.125% due in 2045 ($727 million par value)
872

 
—

TIFSA - 5.125% due in 2045 ($23 million par value in 2017; $750 million par value in 2016)
23

 
903

JCI plc - 6.95% due in 2046 ($121 million par value)
121

 
—

JCI Inc. - 6.95% due in 2046 ($4 million par value in 2017; $125 million par value in 2016)
4

 
125

JCI plc - 4.50% due in 2047 ($500 million par value)
495

 
—

JCI plc - 4.95% due in 2064 ($435 million par value)
434

 
—

JCI Inc. - 4.95% due in 2064 ($15 million par value in 2017; $450 million par value in 2016)
15

 
449

TSarl - Term Loan A - LIBOR plus 1.50% due in 2020
3,700

 
4,000

Adient - Term Loan A - LIBOR plus 1.005% due in 2021
—

 
1,500

Capital lease obligations
19

 
24

 
 
 
 
Other foreign-denominated debt
 
 
 
Euro
43

 
61

Japanese Yen
311

 
367

Other
47

 
39

Gross long-term debt
12,403

 
15,234

Less: current portion
394

 
628

Less: debt issuance costs
45

 
74

Less: current portion - liabilities held for sale
—

 
38

Less: long-term debt - noncurrent liabilities held for sale
—

 
3,441

Net long-term debt
$
11,964

 
$
11,053
Components Of Net Financing Charges
The Company's net financing charges line item in the consolidated statements of income for the years ended September 30, 2017, 2016 and 2015 contained the following components (in millions):
 
Year Ended September 30,
 
2017
 
2016
 
2015
 
 
 
 
 
 
Interest expense, net of capitalized interest costs
$
466

 
$
293

 
$
275

Banking fees and bond cost amortization
67

 
30

 
21

Interest income
(19
)
 
(12
)
 
(7
)
Net foreign exchange results for financing activities
(18
)
 
(22
)
 
(15
)
Net financing charges
$
496

 
$
289

 
$
274