Leases (Tables)

9 Months Ended

Jun. 30, 2020

Leases [Abstract]

Schedule of Lease Cost

Components of lease expense (in millions)

	Three Months Ended June 30, 2020		Nine Months Ended June 30, 2020
Finance lease costs	$	1	$	2
Operating lease costs	5		15
Total lease costs	$	6	$	17

Supplemental cash flow information related to leases (in millions)

	Nine Months Ended June 30, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for operating leases	$	14
Financing cash flows used for finance leases	2
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	7
Finance leases	2

Supplemental balance sheet information related to leases

	June 30, 2020
Weighted-average remaining lease term (years):
Operating leases	8.59
Finance leases	2.37
Weighted-average discount rate:
Operating leases	4.5	%
Finance leases	5.2	%

Schedule of Lease Assets and Liabilities

The following table provides a summary of the location and amounts related to finance leases recognized in the Condensed Consolidated Balance Sheet (in millions).

	Classification	June 30, 2020
Finance lease right-of-use assets	Net Property	$	6
Finance lease liabilities	Short-term debt	3
Finance lease liabilities	Long-term debt	3

The following table provides a summary of the location and amounts related to operating leases recognized in the Condensed Consolidated Balance Sheet (in millions).

	Classification	June 30, 2020
Operating lease right-of-use assets	Other assets	$	75
Operating lease liabilities	Other current liabilities	14
Operating lease liabilities	Other liabilities	61

Schedule of Maturities of Operating Lease Liabilities

Maturities (in millions)

	Operating Leases		Finance Leases
Remainder of 2020	$	5	$	—
2021	17		3
2022	13		2
2023	12		1
2024	8		—
Thereafter	40		—
Total lease payments	95		6
Less: Impact of discounting future lease payments	(20)		—
Present value of lease liabilities	$	75	$	6

Schedule of Maturities of Finance Lease Liabilities

Maturities (in millions)

	Operating Leases		Finance Leases
Remainder of 2020	$	5	$	—
2021	17		3
2022	13		2
2023	12		1
2024	8		—
Thereafter	40		—
Total lease payments	95		6
Less: Impact of discounting future lease payments	(20)		—
Present value of lease liabilities	$	75	$	6

Schedule of Future Minimum Rental Commitments under Operating Leases

Cash obligations under future minimum rental commitments under operating leases as of September 30, 2019 are shown in the table below (in millions).

	2020		2021		2022		2023		2024		Thereafter		Total
Lease commitments	$	18	$	15	$	14	$	13	$	13	$	25	$	98