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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenues $ 4,350 $ 4,278 $ 12,706 $ 11,581
Cost of products sold 2,276 2,262 6,684 6,405
Selling and administrative expense 1,076 1,086 3,238 2,915
Research and development expense 282 277 792 727
Acquisitions and other restructurings 90 142 281 600
Other operating expense, net 0 0 61 0
Total Operating Costs and Expenses 3,725 3,767 11,056 10,647
Operating Income 626 512 1,649 933
Interest expense (156) (182) (498) (525)
Interest income 2 8 8 55
Other (expense) income, net (11) 310 19 295
Income Before Income Taxes 460 647 1,178 759
Income tax provision 9 53 107 313
Net Income 451 594 1,071 446
Preferred stock dividends (38) (38) (114) (114)
Net income applicable to common shareholders $ 413 $ 556 $ 957 $ 332
Basic Earnings per Share (USD per share) $ 1.53 $ 2.08 $ 3.55 $ 1.30
Diluted Earnings per Share (USD per share) 1.51 2.03 3.49 1.27
Dividends per Common Share (USD per share) $ 0.77 $ 0.75 $ 2.31 $ 2.25