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Earnings Per Share (Tables) | 6 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Weighted Average Common Shares Used in Computations of Basic and Diluted Earnings Per Share | The weighted average common shares used in the computations of basic and diluted earnings per share (shares in thousands) were as follows:
| Three Months Ended March 31, |  | Six Months Ended March 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Average common shares outstanding | 284,292 |  |  | 285,243 |  |  | 284,087 |  |  | 284,961 |
Dilutive share equivalents from share-based plans | 1,353 |  |  | 2,003 |  |  | 1,273 |  |  | 2,215 |
Dilutive share equivalents from Series C preferred shares (a) | — |  |  | 53 |  |  | — |  |  | 26 |
Average common and common equivalent shares outstanding – assuming dilution | 285,645 |  |  | 287,299 |  |  | 285,360 |  |  | 287,202 |
Share equivalents excluded from the diluted shares outstanding calculation: |  |  |  |  |  |  |
Mandatory convertible preferred stock (b) | 6,060 |  |  | 5,639 |  |  | 6,060 |  |  | 5,639 |
Share-based plans (c) | 617 |  |  | — |  |  | 617 |  |  | 676 |
(a)Represents dilutive share equivalents from Series C preferred shares that temporarily replaced shares of common stock held in trusts to adhere to trust requirements until the Company’s spin-off of its Diabetes Care business on April 1, 2022 was completed. (b)Excluded from the diluted shares outstanding calculation because the result would have been antidilutive. (c)Excluded from the diluted earnings per share calculation as the exercise prices of these awards were greater than the average market price of the Company’s common shares.

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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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