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CONSOLIDATED STATEMENT OF CASH FLOWS
$ in Millions
3 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Operating activities:    
Net income $ 302 $ 178
Adjustments to arrive at cash provided by operating activities    
Depreciation 44 40
Amortization of intangible assets 34 38
Share-based compensation expense 21 23
Retirement benefit expense 6 10
Pension contributions (2) (3)
Changes in assets and liabilities, excluding effects of acquisitions and foreign currency adjustments    
Receivables 78 73
Inventories (20) 27
Accounts payable (103) (25)
Contract liabilities 20 42
Compensation and benefits (124) (12)
Income taxes 5 (8)
Other assets and liabilities (27) (19)
Cash provided by operating activities 234 364
Investing activities:    
Capital expenditures (64) (71)
Purchases of investments (5) 0
Other investing activities 0 (12)
Cash used for investing activities (69) (83)
Financing activities:    
Net issuance (repayment) of short-term debt 149 (28)
Issuance of short-term debt, net of issuance costs 33 0
Repayment of short-term debt (70) 0
Cash dividends (156) (149)
Purchases of treasury stock (153) (100)
Proceeds from the exercise of stock options 41 28
Other financing activities 3 (5)
Cash used for financing activities (153) (254)
Effect of exchange rate changes on cash 3 (27)
Increase in cash, cash equivalents, and cash included in assets held for sale 15 0
Cash and cash equivalents at beginning of period 468 471
Cash, cash equivalents, and cash included in assets held for sale at end of period 483 471
Cash included in assets held for sale (39) 0
Total cash and cash equivalents at the end of the period $ 444 $ 471