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Debt and Other Obligations (Tables)
12 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Obligations

The Company’s long-term obligations, the fiscal year in which they mature and their respective interest rates are summarized below:

 

 

 

September 30

 

 

 

2025

 

 

2024

 

 

 

(In millions)

 

Variable Rate Debt:

 

 

 

 

 

 

Revolving Credit Facility, expires fiscal 2027

 

$

 

 

$

 

Revolving Credit Facility - Euro, expires fiscal 2027

 

 

130

 

 

 

113

 

Total variable rate debt

 

 

130

 

 

 

113

 

Fixed Rate Debt:

 

 

 

 

 

 

3.4% Notes due fiscal 2026

 

 

250

 

 

 

250

 

4.0% Notes due fiscal 2029

 

 

300

 

 

 

300

 

5.0% Notes due fiscal 2032

 

 

400

 

 

 

400

 

Medium-Term Notes due fiscal 2028, 6.57% — 7.28%

 

 

8

 

 

 

8

 

Chinese Renminbi Debt, due fiscal 2026, 4.3%

 

 

4

 

 

 

4

 

Total fixed rate debt

 

 

962

 

 

 

962

 

Finance lease obligations (Note R)

 

 

30

 

 

 

27

 

Unamortized debt issuance costs and debt discount

 

 

(6

)

 

 

(7

)

Total debt

 

 

1,116

 

 

 

1,095

 

Less Current portion of long-term debt

 

 

260

 

 

 

8

 

Total long-term debt

 

$

856

 

 

$

1,087

 

Schedule of Future Years Payment

The aggregate principal amounts of long-term debt, excluding finance lease liabilities presented separately in Note R, due in each of the five years from fiscal 2026 through 2030 and thereafter are as follows:

 

Years Ending September 30

 

Principal Payments
on Long-Term
Debt

 

 

 

(In millions)

 

2026

 

$

254

 

2027

 

 

129

 

2028

 

 

9

 

2029

 

 

300

 

2030

 

 

 

Thereafter

 

 

400

 

Total

 

$

1,092