XML 61 R47.htm IDEA: XBRL DOCUMENT v3.25.3

Income Taxes (Tables)

12 Months Ended

Sep. 30, 2025

Income Tax Disclosure [Abstract]

Income Before Income Taxes

Income from operations before income taxes and equity in net earnings of affiliated companies was as follows:

		Years Ended September 30
		2025				2024				2023
		(In millions)
Domestic		$	15			$	18			$	65
Foreign			550				511				386
Income from operations before income taxes and    equity in earnings of affiliated companies		$	565			$	529			$	451

Provision (Benefit) for Income Taxes

Tax provision (benefit) for income taxes consisted of the following:

		Years Ended September 30
		2025				2024				2023
		(In millions)
U.S. federal and state:
Current		$	21			$	14			$	5
Deferred			39				(31	)			(156	)
Total			60				(17	)			(151	)
Foreign:
Current			143				134				123
Deferred			(7	)			(6	)			—
Total			136				128				123
Provision (benefit) for income taxes		$	196			$	111			$	(28	)

Reconciliation Using U.S. Statutory Rate

The provision (benefit) for income taxes differed from the provision for income taxes as calculated using the U.S. statutory rate as follows:

		Years Ended September 30
		2025				2024				2023
		(In millions)
Computed tax expense at the federal statutory rate		$	119			$	111			$	95
Foreign impact of taxation at different rates, repatriation,    valuation allowance, and other			25				16				30
Global Intangible Low Taxed Income (GILTI)			—				(3	)			15
Impact of increase (decrease) in valuation allowance on    U.S. deferred taxes			42				(13	)			(156	)
U.S. and state benefits from research and experimentation    activities			(3	)			(3	)			(2	)
Provision (settlement) of unrecognized tax benefits			12				7				2
Permanent differences, net			1				(2	)			(4	)
State taxes, net of federal effect			—				(2	)			(8	)
Provision (benefit) for income taxes		$	196			$	111			$	(28	)

Components of Deferred Income Taxes

Significant components of deferred income taxes were as follows:

		September 30
		2025				2024
		(In millions)
Deferred tax assets:
Deferred expenses		$	42			$	40
Intangible assets			52				47
Inventory			15				14
Operating lease liability			28				29
Other			26				25
U.S. federal interest expense carryforward			56				48
Pension and other benefits			22				25
Net operating loss carryforwards ("NOLs")			249				261
Capital loss carryforwards			132				132
Foreign tax credit carryforwards			66				68
R&D credit carryforwards			57				55
Other business credit carryforwards			16				21
Subtotal			761				765
Valuation allowance			(516	)			(494	)
Total deferred tax assets		$	245			$	271

		September 30
		2025				2024
		(In millions)
Deferred tax liabilities:
Property, plant and equipment		$	(67	)		$	(58	)
Right of use asset			(21	)			(23	)
Unremitted earnings of non-U.S. subsidiaries			(16	)			(16	)
Total deferred tax liabilities		$	(104	)		$	(97	)

Expiration Dates of NOLs, Capital Loss and Other Tax Credit Carryforwards Before Valuation Allowances

The following table provides detail surrounding the expiration dates of NOLs, capital loss and other tax credit carryforwards before valuation allowances:

Years Ending September 30		NOLs/Capital Losses				Credits
		(In millions)
2026 — 2032		$	1,014			$	76
2033 and thereafter			308				62
Indefinite carryforwards			915				2
Total		$	2,237			$	140

Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits for fiscal 2025, 2024 and 2023 is as follows:

		Years Ended September 30
		2025				2024				2023
		(In millions)
Balance at beginning of the year		$	22			$	20			$	159
Additions based on tax positions related to the current    year			2				1				1
Additions for tax positions of prior years			8				3				—
Reductions of tax positions of prior years			(2	)			(1	)			(137	)
Reductions related to settlements			(1	)			(1	)			(2	)
Reductions from lapse of statute of limitations			—				—				(1	)
Balance at end of the year		$	29			$	22			$	20

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

+ Details

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

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

+ Details

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

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

+ Details

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

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

+ Details

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

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 217
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-217

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A

+ Details

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

X

- Definition

Tabular disclosure of tax credit carryforwards available to reduce future taxable income, including amounts, expiration dates, limitations on use and the related deferred tax assets and valuation allowances.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-3

+ Details

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