Basis of Presentation, Organization and Recent Accounting Pronouncements (Tables)

3 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The cumulative effect of the changes made to the Company's Condensed Consolidated Balance Sheet as of October 1, 2019 for the adoption of ASU 2016-02 were as follows (dollars in millions):

	Balance at September 30, 2019		Adjustments from Adoption of ASU 2016-02					Balance at October 1, 2019
Assets:
Other assets	$	308	$	341		(1	)	$	649
Liabilities:
Accounts payable and other liabilities	884		342			(2	)	1,226
Stockholders' Equity:
Retained earnings	8,580		(1		)	(3	)	8,579

(1) Adjustments include the following: (a) an increase of $347 million for the recognition of the ROU asset and (b) a decrease of $6 million for lease payments made to lessors at or before the commencement date, which were reclassified to the ROU lease liability upon the adoption of the lease standard.

(2) Adjustments include the following: (a) an increase of $379 million for the recognition of the ROU lease liability and (b) decreases of $30 million for deferred rent and $7 million related to the early termination of lease obligations, which were reclassified to the ROU asset upon the adoption of the lease standard.

(3)

Represents the impact of a lease obligation which had no future benefit upon the adoption of the lease standard.