Nonconsolidated Partially-Owned Affiliates (Notes)

12 Months Ended

Sep. 30, 2018

Equity Method Investments and Joint Ventures [Abstract]

NONCONSOLIDATED PARTIALLY-OWNED AFFILIATES

Investments in the net assets of nonconsolidated partially-owned affiliates are stated in the "Investments in partially-owned affiliates" line in the consolidated statements of financial position as of September 30, 2018 and 2017. Equity in the net income of nonconsolidated partially-owned affiliates is stated in the "Equity income" line in the consolidated statements of income for the years ended September 30, 2018, 2017 and 2016.

The following table presents summarized financial data for the Company’s nonconsolidated partially-owned affiliates. The amounts included in the table below represent 100% of the results of continuing operations of such nonconsolidated partially-owned affiliates accounted for under the equity method.

Summarized balance sheet data as of September 30 is as follows (in millions):



	2018		2017
Current assets	$	4,307	$	4,034
Noncurrent assets	1,654		1,513
Total assets	$	5,961	$	5,547

Current liabilities	$	2,718	$	2,470
Noncurrent liabilities	459		478
Noncontrolling interests	39		33
Shareholders’ equity	2,745		2,566
Total liabilities and shareholders’ equity	$	5,961	$	5,547

Summarized income statement data for the years ended September 30 is as follows (in millions):



	2018		2017		2016
Net sales	$	7,686	$	6,445	$	5,329
Gross profit	1,855		1,510		1,323
Net income	547		517		415
Income attributable to noncontrolling interests	10		11		16
Net income attributable to the entity	537		506		399