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Acquisitions and Divestitures (Tables)
9 Months Ended
Jun. 30, 2018
Business Combinations [Abstract]  
Business Combination, Separately Recognized Transactions

The following table summarizes the values of the assets acquired and liabilities assumed at the date of acquisition.

 

 

 

At

 

 

 

May 17, 2017

 

Purchase price allocation (in millions)

 

As Adjusted

 

Assets:

 

 

 

 

Accounts receivable

 

$

52

 

Inventory

 

 

74

 

Other current assets

 

 

4

 

Intangible assets

 

 

330

 

Goodwill

 

 

290

 

Property, plant and equipment

 

 

94

 

Other noncurrent assets

 

 

20

 

Liabilities:

 

 

 

 

Accounts payable

 

 

(33

)

Deferred tax - net

 

 

(137

)

Other noncurrent liabilities

 

 

(14

)

Total purchase price

 

$

680

 

 

Schedule of Finite-Lived Intangible Assets as Part of Business Combination

The following details the total intangible assets identified as of May 17, 2017.

 

 

 

 

 

 

 

Weighted-average

amortization period

Intangible asset type (in millions)

 

Value

 

 

(years)

Trademarks and trade names

 

$

26

 

 

15

Intellectual property

 

 

68

 

 

22

Customer and supplier relationships

 

 

236

 

 

20

Total

 

$

330