XML 13 R3.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Sep. 30, 2019
Current assets    
Cash and cash equivalents $ 416 $ 232
Accounts receivable [1] 455 481
Inventories - Note F 617 597
Other assets 121 64
Current assets held for sale - Note B 61 59
Total current assets 1,670 1,433
Property, plant and equipment    
Cost 3,203 3,165
Accumulated depreciation 1,649 1,588
Net property, plant and equipment 1,554 1,577
Goodwill - Note G 1,734 2,253
Intangibles - Note G 1,026 1,088
Operating lease assets, net - Note I 140  
Restricted investments - Note E 297 310
Asbestos insurance receivable - Note L 138 157
Deferred income taxes 24 23
Other assets 403 410
Total noncurrent assets 5,316 5,818
Total assets 6,986 7,251
Current liabilities    
Short-term debt - Note H 446 166
Trade and other payables 225 313
Accrued expenses and other liabilities 238 271
Current operating lease obligations - Note I 23  
Current liabilities held for sale - Note B 5 7
Total current liabilities 937 757
Noncurrent liabilities    
Long-term debt - Note H 1,547 1,501
Asbestos litigation reserve - Note L 525 555
Deferred income taxes 248 264
Employee benefit obligations - Note K 152 150
Operating lease obligations - Note I 126  
Other liabilities 438 453
Total noncurrent liabilities 3,036 2,923
Commitments and contingencies - Note L
Stockholders’ equity 3,013 3,571
Total liabilities and stockholders' equity $ 6,986 $ 7,251
[1] Accounts receivable includes an allowance for doubtful accounts of $2 million and $3 million at June 30, 2020 and September 30, 2019, respectively.