Business Restructuring Charges

12 Months Ended

Sep. 30, 2025

Restructuring and Related Activities [Abstract]

The Company incurred restructuring costs, primarily in connection with the Company's simplification and other cost-saving initiatives that are part of its strategic objectives, which were largely recorded within Integration, restructuring and transaction expense on its consolidated statements of income. These simplification and other cost-saving initiatives are focused on reducing complexity, optimizing the Company’s supply chain efficiency, streamlining its global manufacturing footprint, enhancing product quality, refining customer experience, and improving cost efficiency across all of the Company’s segments. Restructuring liability activity in 2025, 2024 and 2023 was as follows:


(Millions of dollars)	Employee Termination		Other (a)		Total
Balance at September 30, 2022	$	24	$	11	$	35
Charged to expense	117		122		239
Cash payments	(62)		(103)		(165)
Non-cash settlements	—		(30)		(30)
Other adjustments	—		1		1
Balance at September 30, 2023	$	79	$	1	$	80
Charged to expense	80		307		387
Cash payments	(103)		(202)		(305)
Non-cash settlements	—		(104)		(104)
Other adjustments	2		—		2
Balance at September 30, 2024	$	58	$	2	$	60
Charged to expense	45		230		275
Cash payments	(72)		(159)		(231)
Non-cash settlements	—		(43)		(43)
Other adjustments	2		—		2
Balance at September 30, 2025	$	33	$	30	$	63

(a)Primarily consists of non-employee-related costs associated with the execution of the Company’s cost efficiency and restructuring programs, such as incremental project management costs, facility exit costs, inventory write-offs and long-lived asset impairments and disposals, which are discussed further in Note 15.