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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues $ 4,990 $ 4,878 $ 14,741 $ 14,285
Cost of products sold 2,683 2,778 8,103 7,816
Selling and administrative expense 1,196 1,190 3,601 3,581
Research and development expense 299 306 888 956
Integration, restructuring and transaction expense 112 70 288 175
Other operating expense (income), net 98 (13) 86 (7)
Total Operating Costs and Expenses 4,388 4,329 12,966 12,523
Operating Income 602 549 1,775 1,762
Interest expense 137 119 373 339
Interest income 48 24 108 40
Other (expense) income, net (13) 17 (19) 18
Income Before Income Taxes 500 471 1,491 1,481
Income tax provision 13 64 186 104
Net Income 487 407 1,305 1,376
Preferred stock dividends 0 (15) 0 (60)
Net income applicable to common shareholders $ 487 $ 392 $ 1,305 $ 1,316
Basic Earnings per Share (USD per share) $ 1.68 $ 1.37 $ 4.50 $ 4.62
Diluted Earnings per Share (USD per share) 1.68 1.36 4.49 4.60
Dividends per Common Share (USD per share) $ 0.95 $ 0.91 $ 2.85 $ 2.73