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Share Plans (Tables)
12 Months Ended
Sep. 30, 2022
Share Plans  
Share-based compensation expense

Fiscal

    

2022

    

2021

    

2020

    

(in millions)

Share-based compensation expense

 

$

119

 

$

94

 

$

74

Summary of restricted share award activity

Weighted-Average

Grant-Date

    

Shares

    

Fair Value

    

Nonvested at fiscal year end 2021

 

1,316,645

$

96.03

Granted

 

720,801

 

150.99

Vested

 

(484,884)

 

91.35

Forfeited

 

(131,956)

 

116.72

Nonvested at fiscal year end 2022

 

1,420,606

$

123.25

Summary of performance share award activity

Weighted-Average

Grant-Date

    

Shares

    

Fair Value

    

Outstanding at fiscal year end 2021

 

526,071

$

88.99

Granted

 

139,037

 

157.56

Vested

(160,673)

72.85

Forfeited

 

(35,002)

 

78.18

Outstanding at fiscal year end 2022

 

469,433

$

114.88

Summary of share option award activity.

Weighted-Average

Weighted-Average

Remaining

Aggregate

Exercise

Contractual

Intrinsic

    

Shares

    

Price

    

Term

    

Value

    

(in years)

(in millions)

Outstanding at fiscal year end 2021

 

5,348,944

$

88.00

Granted

 

873,300

 

157.02

Exercised

 

(683,871)

 

74.32

Forfeited

 

(187,019)

 

111.14

Outstanding at fiscal year end 2022

 

5,351,354

$

100.21

 

6.6

$

94

Vested and expected to vest at fiscal year end 2022

 

5,227,306

$

99.60

 

6.6

$

93

Exercisable at fiscal year end 2022

 

2,704,322

$

84.86

 

5.4

$

69

Weighted-average assumptions

    

Fiscal

    

2022

    

2021

    

2020

    

  

Weighted-average grant-date fair value

$

37.51

$

22.21

$

15.49

Assumptions:

Expected share price volatility

    

 

29

%  

 

28

%  

 

21

%

Risk-free interest rate

 

1.2

%  

 

0.5

%  

 

1.7

%

Expected annual dividend per share

$

2.00

$

1.92

$

1.84

Expected life of options (in years)

 

5.1

 

5.4

 

5.1