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Share Based Compensation (Tables)
12 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Fair value assumptions for stock options on the date of grant
We estimated the fair value of each stock option on the date of grant using the Black-Scholes pricing model and the following assumptions:
 
 
2014
 
2013
 
2012
Average risk-free interest rate
 
1.52
%
 
0.66
%
 
1.06
%
Expected dividend yield
 
2.13
%
 
2.35
%
 
2.29
%
Expected volatility
 
41
%
 
43
%
 
43
%
Expected term (years)
 
5.2

 
5.3

 
5.3

Summary of stock option activity
A summary of stock option activity for the year ended September 30, 2014 is:
 
 
Shares
(in thousands)
 
Wtd. Avg.
Exercise
Price
 
Wtd. Avg.
Remaining
Contractual
Term (years)
 
Aggregate
Intrinsic Value
of In-The-Money
Options
(in millions)
Outstanding at October 1, 2013
 
5,488

 
$
64.53

 
 
 
 
Granted
 
947

 
109.07

 
 
 
 
Exercised
 
(1,836
)
 
58.95

 
 
 
 
Forfeited
 
(75
)
 
92.06

 
 
 
 
Cancelled
 
(1
)
 
72.52

 
 
 
 
Outstanding at September 30, 2014
 
4,523

 
75.65

 
7.0
 
$
155.0

Vested or expected to vest at September 30, 2014
 
4,361

 
75.04

 
6.9
 
152.1

Exercisable at September 30, 2014
 
2,511

 
62.48

 
5.8
 
119.0

Summary of performance share activity
A summary of performance share activity for the year ended September 30, 2014 is as follows:
 
 
Performance
Shares
(in thousands)
 
Wtd. Avg.
Grant Date
Share
Fair Value
Outstanding at October 1, 2013
 
233

 
$
96.02

Granted1
 
69

 
108.48

Adjustment for performance results achieved2
 
57

 
87.00

Vested and issued
 
(127
)
 
87.00

Forfeited
 
(8
)
 
100.85

Outstanding at September 30, 2014
 
224

 
102.54

Schedule of performance shares vested during the year [Table Text Block]
The following table summarizes information about performance shares vested during the years ended September 30:
 
 
2014
 
2013
 
2012
Percent payout
 
180
%
 
173
%
 
200
%
Shares vested (in thousands)
 
127

 
232

 
345

Total fair value of shares vested (in millions)
 
$
14.2

 
$
18.7

 
$
25.8

Fair value assumptions for performance share awards on the date of grant
The per-share fair value of performance share awards granted during the years ended September 30, 2014, 2013 and 2012 was $108.48, $98.15 and $101.57, respectively, which we determined using a Monte Carlo simulation and the following assumptions:
 
 
2014
 
2013
 
2012
Average risk-free interest rate
 
0.60
%
 
0.32
%
 
0.39
%
Expected dividend yield
 
2.11
%
 
2.32
%
 
2.29
%
Expected volatility
 
33
%
 
36
%
 
43
%
Summary of restricted stock and restricted stock unit activity
A summary of restricted stock and restricted stock unit activity for the year ended September 30, 2014 is as follows:
 
 
Restricted
Stock and
Restricted
Stock Units
(in thousands)
 
Wtd. Avg.
Grant Date
Share
Fair Value
Outstanding at October 1, 2013
 
199

 
$
74.63

Granted
 
53

 
109.69

Vested
 
(56
)
 
73.31

Forfeited
 
(6
)
 
83.92

Outstanding at September 30, 2014
 
190

 
84.57