XML 42 R32.htm IDEA: XBRL DOCUMENT v3.19.2
Discontinued Operations (Tables)
9 Months Ended
Jun. 30, 2019
Discontinued Operations, Held-for-sale or Disposed of by Sale [Member]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
The following table summarizes the carrying value of the Power Solutions assets and liabilities held for sale at September 30, 2018 (in millions):
 
September 30, 2018
 
 
Cash
$
15

Accounts receivable - net
1,443

Inventories
1,405

Other current assets
152

Assets held for sale
$
3,015

 
 
Property, plant and equipment - net
$
2,871

Goodwill
1,092

Other intangible assets - net
161

Investments in partially-owned affiliates
453

Other noncurrent assets
611

Noncurrent assets held for sale
$
5,188

 
 
Short-term debt
$
9

Current portion of long-term debt
25

Accounts payable
1,237

Accrued compensation and benefits
125

Other current liabilities
395

Liabilities held for sale
$
1,791

 
 
Long-term debt
$
31

Pension and postretirement benefits
101

Other noncurrent liabilities
75

Noncurrent liabilities held for sale
$
207


Power Solutions | Discontinued Operations, Disposed of by Sale [Member]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Disposal Group, Including Discontinued Operations, Income Statement Disclosures [Table Text Block]
The following table summarizes the results of Power Solutions reclassified as discontinued operations for the three and nine month periods ended June 30, 2019 and 2018 (in millions). As the Power Solutions sale occurred on April 30, 2019, there is only one month of Power Solutions results included in the three month period ended June 30, 2019, and only seven months included in the nine month period ended June 30, 2019.
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
Net sales
$
562

 
$
1,838

 
$
5,001

 
$
5,813

 
 
 
 
 
 
 
 
Income from discontinued operations before income taxes
5,315

 
303

 
6,039

 
978

Provision for income taxes on discontinued operations
(1,264
)
 
(45
)
 
(1,441
)
 
(137
)
Income from discontinued operations attributable to noncontrolling interests, net of tax

 
(9
)
 
(24
)
 
(33
)
Income from discontinued operations
$
4,051

 
$
249

 
$
4,574

 
$
808