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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Operating Activities of Continuing Operations      
Income from continuing operations $ 1,407 $ 1,562 $ 1,279
Income from continuing operations attributable to noncontrolling interests 4 19 15
Income from continuing operations 1,411 1,581 1,294
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 816 745 717
Pension and postretirement benefit expense (income) (43) 58 (219)
Pension and postretirement contributions (6) (48) (69)
Equity in earnings of partially-owned affiliates, net of dividends received 44 (3) 0
Deferred income taxes (403) (602) (190)
Non-cash restructuring and impairment charges 411 827 555
Equity-based compensation expense 107 107 98
Other - net (112) (117) (59)
Changes in assets and liabilities, excluding acquisitions and divestitures:      
Accounts receivable (537) (259) (409)
Inventories (17) (58) (539)
Other assets (482) (187) (349)
Restructuring reserves (76) 57 (9)
Accounts payable and accrued liabilities 645 (85) 847
Accrued income taxes (190) (160) (431)
Cash provided by operating activities from continuing operations 1,568 1,856 1,237
Investing Activities of Continuing Operations      
Capital expenditures (494) (446) (487)
Sale of property, plant and equipment 1 30 127
Acquisition of businesses, net of cash acquired (3) (726) (269)
Business divestitures, net of cash divested 345 28 0
Other - net (33) 21 41
Cash used by investing activities from continuing operations (184) (1,093) (588)
Financing Activities of Continuing Operations      
Net proceeds (payments) from borrowings with maturities less than three months 48 (75) 379
Proceeds from debt 1,281 1,173 1,771
Repayments of debt (924) (1,555) (184)
Stock repurchases and retirements (1,246) (625) (1,441)
Payment of cash dividends (1,000) (980) (916)
Other - net (107) 3 (4)
Cash used by financing activities from continuing operations (1,948) (2,059) (395)
Discontinued Operations      
Cash provided by operating activities 530 365 753
Cash used by investing activities (37) (91) (105)
Cash used by financing activities (132) (115) (121)
Cash provided by discontinued operations 361 159 527
Effect of exchange rate changes on cash, cash equivalents and restricted cash 59 (5) (53)
Change in cash, cash equivalents and restricted cash held for sale (6) (5) (3)
Increase (decrease) in cash, cash equivalents and restricted cash (150) (1,147) 725
Cash, cash equivalents and restricted cash at beginning of period 917 2,064 1,339
Cash, cash equivalents and restricted cash at end of period 767 917 2,064
Less: Restricted cash 161 89 35
Cash and cash equivalents at end of period $ 606 $ 828 $ 2,029