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Stock-based Compensation (Tables)

12 Months Ended

Sep. 30, 2019

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Assumptions Used in Black-Scholes Option Valuation Model

	Year Ended September 30,
	2019		2018		2017
Expected life of option (years)	6.4		6.5		4.75 & 6.5
Risk-free interest rate	2.77%		2.28%		1.23% - 1.93%
Expected volatility of the Company’s stock	21.80%		23.70%		24.60%
Expected dividend yield on the Company’s stock	3.29%		2.78%		2.21%

Summary of Stock Option Activity

A summary of stock option activity at September 30, 2019, and changes for the year then ended, is presented below:

	Weighted Average Option Price				Shares Subject to Option			Weighted Average Remaining Contractual Life (years)		Aggregate Intrinsic Value (in millions)
Outstanding, September 30, 2018	$	34.24			17,836,062
Granted	33.37				1,741,510
Exercised	27.54				(6,234,755	)
Forfeited or expired	37.49				(973,068	)
Outstanding, September 30, 2019	$	35.07			12,369,749			4.6		$	111
Exercisable, September 30, 2019	$	34.74			9,295,813			3.4		$	87

Assumptions Used in Black-Scholes Stock Appreciation Rights Valuation Model

The assumptions used to determine the fair value of the SAR awards at September 30, 2019 were as follows:

Expected life of SAR (years)	0.4 - 3.5
Risk-free interest rate	1.55% - 1.85%
Expected volatility of the Company’s stock	21.80%
Expected dividend yield on the Company’s stock	3.29%

Summary of Stock Appreciation Rights Activity

A summary of SAR activity at September 30, 2019, and changes for the year then ended, is presented below:

	Weighted Average SAR Price				Shares Subject to SAR			Weighted Average Remaining Contractual Life (years)		Aggregate Intrinsic Value (in millions)
Outstanding, September 30, 2018	$	27.39			626,701
Exercised	25.20				(245,513	)
Forfeited or expired	32.43				(13,179	)
Outstanding, September 30, 2019	$	28.67			368,009			2.4		$	6
Exercisable, September 30, 2019	$	28.59			365,829			2.4		$	6

Summary of Nonvested Restricted Stock Awards

A summary of the status of the Company’s nonvested restricted stock awards at September 30, 2019, and changes for the fiscal year then ended, is presented below:

	Weighted Average Price				Shares/Units Subject to Restriction
Nonvested, September 30, 2018	$	45.14			5,001,517
Granted	33.88				2,384,747
Vested	41.23				(3,139,142	)
Forfeited	37.83				(914,046	)
Nonvested, September 30, 2019	$	35.98			3,333,076

Schedule of share-based payment award, performance share, valuation assumptions [Table Text Block]

	Year Ended September 30,
	2019		2018		2017
Risk-free interest rate	2.76%		1.92%		1.40%
Expected volatility of the Company’s stock	22.90%		21.70%		21.00%

Summary of Nonvested PSUs

A summary of the status of the Company’s nonvested PSUs at September 30, 2019, and changes for the fiscal year then ended, is presented below:

	Weighted Average Price				Shares/Units Subject to PSU
Nonvested, September 30, 2018	$	41.07			1,412,290
Granted	36.28				595,594
Forfeited	37.89				(182,365	)
Nonvested, September 30, 2019	$	39.82			1,825,519

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