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Condensed Consolidated Statements of Income - USD ($) $ in Millions | 3 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Income Statement [Abstract] |  |
Revenues | $ 4,706 | $ 4,586
Cost of products sold | 2,679 | 2,453
Selling and administrative expense | 1,213 | 1,187
Research and development expense | 290 | 313
Integration and restructuring expense | 75 | 44
Other operating expense, net | 11 | 3
Total Operating Costs and Expenses | 4,267 | 4,001
Operating Income | 439 | 585
Interest expense | (111) | (102)
Interest income | 34 | 6
Other expense, net | (4) | (8)
Income Before Income Taxes | 359 | 481
Income tax provision (benefit) | 77 | (28)
Net Income | 281 | 509
Preferred stock dividends | 0 | (23)
Net income applicable to common shareholders | $ 281 | $ 486
Basic Earnings per Share (USD per share) | $ 0.97 | $ 1.71
Diluted Earnings per Share (USD per share) | 0.96 | 1.70
Dividends per Common Share (USD per share) | $ 0.95 | $ 0.91

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- Definition Acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; business integration costs, systems integration and conversion costs, and severance and other employee-related costs; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Additionally includes the amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. + References No definition available. + Details
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