Condensed Consolidated Statements of Income - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
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| Income Statement [Abstract] | ||||||||||
| Revenues | $ 4,990 | $ 4,878 | $ 14,741 | $ 14,285 | | |||||
| Cost of products sold | 2,683 | 2,778 | 8,103 | 7,816 | ||||||
| Selling and administrative expense | 1,196 | 1,190 | 3,601 | 3,581 | ||||||
| Research and development expense | 299 | 306 | 888 | 956 | ||||||
| Integration, restructuring and transaction expense | 112 | 70 | 288 | 175 | ||||||
| Other operating expense (income), net | 98 | (13) | 86 | (7) | ||||||
| Total Operating Costs and Expenses | 4,388 | 4,329 | 12,966 | 12,523 | | |||||
| Operating Income | 602 | 549 | 1,775 | 1,762 | | |||||
| Interest expense | 137 | 119 | 373 | 339 | | | | | | |
| Interest income | 48 | 24 | 108 | 40 | | | | | | |
| Other (expense) income, net | (13) | 17 | (19) | 18 | | | | | | |
| Total Other Income Expenses | -102.0 | -112.0 | -284.0 | -317.0 | 0.0 | |
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| Total Other Income Expenses | 76.0 | 78.0 | 246.0 | 281.0 | 0.0 | |
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| Total Other Income Expenses | -198.0 | -160.0 | -500.0 | -397.0 | 0.0 | |
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| Total Other Income Expenses | 198.0 | 160.0 | 500.0 | 397.0 | 0.0 | |
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| Total Other Income Expenses | 172.0 | 160.0 | 462.0 | 397.0 | 0.0 | |
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| Income Before Income Taxes | 500 | 471 | 1,491 | 1,481 | | | ||||
| Income tax provision | 13 | 64 | 186 | 104 | | |||||
| Net Income | 487 | 407 | 1,305 | 1,376 | | |||||
| Preferred stock dividends | 0 | (15) | 0 | (60) | ||||||
| Net income applicable to common shareholders | $ 487 | $ 392 | $ 1,305 | $ 1,316 | ||||||
| Basic Earnings per Share (USD per share) | $ 1.68 | $ 1.37 | $ 4.50 | $ 4.62 | ||||||
| Diluted Earnings per Share (USD per share) | 1.68 | 1.36 | 4.49 | 4.60 | ||||||
| Dividends per Common Share (USD per share) | $ 0.95 | $ 0.91 | $ 2.85 | $ 2.73 | ||||||
| X | ||||||||||
- Definition Expenses associated with exit or disposal activities pursuant to an authorized plan. Also includes acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; business integration costs, systems integration and conversion costs, and severance and other employee-related costs; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Excludes expenses related to a discontinued operation or an asset retirement obligation. No definition available.
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| X | ||||||||||
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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