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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Revenues $ 4,995 $ 5,315
Cost of products sold 2,572 2,583
Selling and administrative expense 1,223 1,149
Research and development expense 329 291
Acquisitions and other restructurings 34 50
Other operating expense, net 21 0
Total Operating Costs and Expenses 4,180 4,074
Operating Income 815 1,241
Interest expense (98) (118)
Interest income 2 2
Other income, net 4 32
Income Before Income Taxes 723 1,157
Income tax provision 46 154
Net Income 677 1,003
Preferred stock dividends (23) (23)
Net income applicable to common shareholders $ 655 $ 981
Basic Earnings per Share (USD per share) $ 2.30 $ 3.38
Diluted Earnings per Share (USD per share) 2.28 3.35
Dividends per Common Share (USD per share) $ 0.87 $ 0.83