XML 12 R31.htm IDEA: XBRL DOCUMENT v3.20.1
Stockholders' Equity (Tables)
6 Months Ended
Mar. 31, 2020
Stockholders' Equity Note [Abstract]  
Schedule of Stock by Class
As-converted class A common stock. The following table presents the number of shares of each series and class of stock and the number of shares of class A common stock on an as-converted basis:
 
March 31, 2020
 
September 30, 2019
 
Shares
Outstanding
 
Conversion Rate Into 
Class A
Common Stock
 
As-converted Class A
Common
Stock(1)
 
Shares
Outstanding
 
Conversion Rate Into
Class A
Common Stock
 
As-converted Class A
Common
Stock(1)
 
(in millions, except conversion rates)
UK&I preferred stock
2

 
12.9360

 
32

 
2

 
12.9360

 
32

Europe preferred stock
3

 
13.8840

 
44

 
3

 
13.8840

 
44

Class A common stock(2)
1,693

 

 
1,693

 
1,718

 

 
1,718

Class B common stock
245

 
1.6228

(3) 
398

 
245

 
1.6228

(3) 
398

Class C common stock
11

 
4.0000

 
43

 
11

 
4.0000

 
45

Total
 
 
 
 
2,210

 
 
 
 
 
2,237


(1) 
Figures in the table may not recalculate exactly due to rounding. As-converted class A common stock is calculated based on unrounded numbers.
(2) 
Class A common stock shares outstanding reflect repurchases that settled on or before March 31, 2020 and September 30, 2019.
(3) 
The class B to class A common stock conversion rate is presented on a rounded basis. Conversion calculations for dividend payments are based on a conversion rate rounded to the tenth decimal.
Share Repurchase Program Disclosure
Common stock repurchases. The following table presents share repurchases in the open market for the following periods:
 
Three Months Ended
March 31,
 
Six Months Ended
March 31,
 
2020
 
2019
 
2020
 
2019
 
(in millions, except per share data)
Shares repurchased in the open market(1)
18

 
14

 
31

 
31

Average repurchase price per share(2)
$
181.11

 
$
144.94

 
$
180.31

 
$
141.08

Total cost(2)
$
3,133

 
$
1,938

 
$
5,503

 
$
4,331

(1)  
Shares repurchased in the open market reflect repurchases that settled during the three and six months ended March 31, 2020 and 2019. All shares repurchased in the open market have been retired and constitute authorized but unissued shares.
(2) 
Figures in the table may not recalculate exactly due to rounding. Average repurchase price per share and total cost is calculated based on unrounded numbers.