Fair Value Measurements (Tables)

6 Months Ended

Mar. 31, 2014

Schedule of Fair Value of Financial Instruments

In accordance with the fair value hierarchy, described above, the following table shows the fair value of the Company’s financial instruments that are required to be measured at fair value as of March 31, 2014 and September 30, 2013.

	Fair Value Measurements as of  March 31, 2014
	(Level 1)		(Level 2)			(Level 3)			Total
	(in millions)
Other Current Assets:
Foreign Currency Forward Exchange Contracts (a)	$	—	$	—		$	—		$	—
Other Current Liabilities:
Foreign Currency Forward Exchange Contracts (a)	$	—	$	(2	)	$	—		$	(2	)
Other Current Liabilities:
Contractual Obligations (b)	$	—	$	—		$	(4	)	$	(4	)
Other Non-Current Liabilities:
Contractual Obligations (b)	$	—	$	—		$	(7	)	$	(7	)
Total	$	—	$	(2	)	$	(11	)	$	(13	)

	Fair Value Measurements as of September 30, 2013
	(Level 1)		(Level 2)			(Level 3)			Total
	(in millions)
Other Current Assets:
Foreign Currency Forward Exchange Contracts (a)	$	—	$	1		$	—		$	1
Other Current Liabilities:
Foreign Currency Forward Exchange Contracts (a)	$	—	$	(23	)	$	—		$	(23	)
Other Current Liabilities:
Contractual Obligations (b)	$	—	$	—		$	(13	)	$	(13	)
Other Non-Current Liabilities:
Contractual Obligations (b)	$	—	$	—		$	(9	)	$	(9	)
Total	$	—	$	(22	)	$	(22	)	$	(44	)

(a) The fair value of the foreign currency forward exchange contracts is based on dealer quotes of market forward rates and reflects the amount that the Company would receive or pay at their maturity dates for contracts involving the same currencies and maturity dates.

(b) This represents purchase obligations and contingent consideration related to the Company’s various acquisitions. This is based on a discounted cash flow approach and it is adjusted to fair value on a recurring basis and any adjustments are included as a component of operating income in the statement of operations. These amounts were mainly calculated using unobservable inputs such as future earnings performance of the Company’s various acquisitions and the expected timing of the payment.

Reconciliation of Net Liabilities Classified as Level 3

The following table reconciles the beginning and ending balances of net liabilities classified as Level 3:

	Total
	(in millions)
Balance at September 30, 2013	$	22
Additions		2
Payments		(13	)
Balance at March 31, 2014	$	11