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STATEMENTS OF CONDENSED CONSOLIDATED CASH FLOWS (unaudited) - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS PROVIDED (USED) BY OPERATING ACTIVITIES FROM CONTINUING OPERATIONS    
Net income $ 834 $ 97
Income from discontinued operations (net of income taxes) (764) (29)
Adjustments to reconcile income from continuing operations to cash flows from operating activities:    
Depreciation and amortization 121 118
Original issue discount and debt issuance costs amortization 3 3
Deferred income taxes (3) (12)
Gain from sales of property and equipment   (3)
Distributions from equity affiliates   1
Stock based compensation expense 9 8
Excess tax benefit on stock based compensation 1 1
Loss (Income) from restricted investments 14 (19)
Income on acquisitions and divestitures   (11)
Impairments   9
Pension contributions (3) (4)
Gain on pension and other postretirement plan remeasurements (1)  
Change in operating assets and liabilities [1] (180) (39)
Total cash flows provided by operating activities from continuing operations 31 120
CASH FLOWS PROVIDED (USED) BY INVESTING ACTIVITIES FROM CONTINUING OPERATIONS    
Additions to property, plant and equipment (37) (53)
Proceeds from disposal of property, plant and equipment 11 5
Proceeds from sale or restructuring of operations   14
Company-owned life insurance payments   (1)
Net purchase of funds restricted for specific transactions (44) (1)
Reimbursements from restricted investments 28 18
Proceeds from sale of securities 46 47
Purchases of securities (46) (47)
Total cash flows used by investing activities from continuing operations (42) (18)
CASH FLOWS PROVIDED (USED) BY FINANCING ACTIVITIES FROM CONTINUING OPERATIONS    
Repurchase of common stock (155)  
Repayment of long-term debt (250)  
Proceeds from (repayment of) short-term debt (365) (195)
Cash dividends paid (34) (33)
Stock based compensation employee withholding taxes paid in cash (6) (5)
Total cash flows used by financing activities from continuing operations (810) (233)
CASH USED BY CONTINUING OPERATIONS (821) (131)
Cash provided (used) by discontinued operations    
Operating cash flows (73) 57
Investing cash flows 1,650 (11)
Total cash provided by discontinued operations 1,577 46
Effect of currency exchange rate changes on cash and cash equivalents (2) 4
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 754 (81)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 210 454
CASH AND CASH EQUIVALENTS - END OF PERIOD $ 964 $ 373
[1] Excludes changes resulting from operations acquired, sold or held for sale.