XML 53 R35.htm IDEA: XBRL DOCUMENT v3.24.3

Share-Based Compensation (Tables)

12 Months Ended

Sep. 30, 2024

Share-Based Payment Arrangement [Abstract]

Compensation Cost Relating to Share-Based Payments

The amounts and location of compensation cost relating to share-based payments included in the consolidated statements of income is as follows:

(Millions of dollars)			2024						2023						2022
Cost of products sold			$	51					$	50					$	46
Selling and administrative expense			156						170						156
Research and development expense			42						41						37
Integration, restructuring and transaction expense			—						—						1
Total share-based compensation cost			$	249					$	261					$	240
Tax benefit associated with share-based compensation costs recognized			$	58					$	58					$	55

Assumptions for Estimation of Fair Values of Stock Appreciation Rights Granted During Reporting Periods

The fair value of awards was estimated on the date of grant using a lattice-based binomial option valuation model and these valuations were largely based upon the following weighted-average assumptions:

			2024						2023						2022
Risk-free interest rate			4.51%						3.78%						1.41%
Expected volatility			22.0%						21.0%						22.0%
Expected dividend yield			1.59%						1.53%						1.42%
Expected life			7.0 years						7.0 years						7.3 years
Fair value derived			$63.05						$57.80						$49.45

Summary of SARs Outstanding

A summary of SARs outstanding as of September 30, 2024 and changes during the year then ended is as follows:

			SARs (in thousands)						Weighted Average Exercise Price						Weighted Average Remaining Contractual Term (Years)						Aggregate Intrinsic Value (Millions of dollars)
Balance at October 1			4,905						$	211.47
Granted			597						238.89
Exercised			(297)						154.25
Forfeited, canceled or expired			(210)						237.09
Balance at September 30			4,995						$	217.07					5.25						$	125
Vested and expected to vest at September 30			4,863						216.50						5.17						$	125
Exercisable at September 30			3,669						$	209.57					4.18						$	121

Schedule Of Share Based Compensation, Summary of Stock Appreciation Rights Exercised

A summary of SARs exercised during 2024, 2023 and 2022 is as follows:

(Millions of dollars)			2024						2023						2022
Total intrinsic value of SARs exercised			$	25					$	126					$	184
Total fair value of SARs vested			$	31					$	34					$	36

Summary of Performance-Based Restricted Stock Units Outstanding

A summary of restricted stock units outstanding as of September 30, 2024 and changes during the year then ended is as follows:

			Performance-Based															Time-Vested
			Stock Units (in thousands)									Weighted Average Grant Date Fair Value						Stock Units (in thousands)						Weighted Average Grant Date Fair Value
Balance at October 1			963									$	226.51					1,716						$	225.33
Granted			387									223.60						922						231.32
Distributed			(145)									212.46						(556)						225.13
Forfeited or canceled			(213)									219.15						(390)						231.68
Balance at September 30			991			(a)						$	229.02					1,693						$	227.20
Expected to vest at September 30			465			(b)						$	229.96					1,549						$	226.80

(a)Based on 200% of target payout for performance based restricted units and 100% of the performance based time-vested units.

(b)Net of expected forfeited units and units in excess of the expected performance payout of 71 thousand and 454 thousand shares, respectively.

Schedule Of Share Based Compensation, Restricted Stock Units, Grant Date Fair Value of Units Granted

The weighted average grant date fair value of restricted stock units granted during the years 2024, 2023 and 2022 are as follows:

			Performance-Based																		Time-Vested
			2024						2023						2022						2024						2023						2022
Weighted average grant date fair value of units granted			$	223.60					$	227.11					$	242.39					$	231.32					$	231.58					$	239.39

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

The total fair value of stock units vested during 2024, 2023 and 2022 was as follows:

			Performance-Based																		Time-Vested
(Millions of dollars)			2024						2023						2022						2024						2023						2022
Total fair value of units vested			$	45					$	28					$	14					$	179					$	169					$	169

X

- Definition

Schedule Of Share Based Compensation, Restricted Stock Units, Fair Value of Stock Units Vested [Table]

+ References

No definition available.

+ Details

Name:	bdx_ScheduleOfShareBasedCompensationRestrictedStockUnitsFairValueofStockUnitsVestedTableTextBlock
Namespace Prefix:	bdx_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule Of Share Based Compensation, Restricted Stock Units, Grant Date Fair Value of Units Granted [Table]

+ References

No definition available.

+ Details

Name:	bdx_ScheduleOfShareBasedCompensationRestrictedStockUnitsGrantDateFairValueofUnitsGrantedTableTextBlock
Namespace Prefix:	bdx_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the intrinsic value, tax benefits, and fair value of stock appreciation rights exercised during the year.

+ References

No definition available.

+ Details

Name:	bdx_ScheduleOfShareBasedCompensationSummaryofStockAppreciationRightsExercisedTableTextBlock
Namespace Prefix:	bdx_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (f)(2)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration