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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities:    
Net income $ 178.0 $ 213.0
Adjustments to arrive at cash provided by operating activities    
Depreciation 40.0 39.0
Amortization of intangible assets 38.0 38.0
Change in fair value of investments 0.0 (3.0)
Share-based compensation expense 23.0 24.0
Retirement benefit expense 10.0 5.0
Pension contributions (3.0) (6.0)
Changes in assets and liabilities, excluding effects of acquisitions and foreign currency adjustments    
Receivables 73.0 280.0
Inventories 27.0 (28.0)
Accounts payable (25.0) (200.0)
Contract liabilities 42.0 14.0
Compensation and benefits (12.0) (243.0)
Income taxes (8.0) 2.0
Other assets and liabilities (19.0) (102.0)
Cash provided by operating activities 364.0 33.0
Investing activities:    
Capital expenditures (71.0) (68.0)
Acquisition of businesses, net of cash acquired 0.0 (748.0)
Other investing activities (12.0) (1.0)
Cash used for investing activities (83.0) (817.0)
Financing activities:    
Net (repayment) issuance of short-term debt (28.0) 409.0
Cash dividends (149.0) (144.0)
Purchases of treasury stock (100.0) (120.0)
Proceeds from the exercise of stock options 28.0 11.0
Other financing activities (5.0) (22.0)
Cash (used for) provided by financing activities (254.0) 134.0
Effect of exchange rate changes on cash (27.0) 9.0
Decrease in cash and cash equivalents 0.0 (641.0)
Cash and cash equivalents at beginning of period 471.0 1,080.0
Cash and cash equivalents at end of period $ 471.0 $ 439.0