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STATEMENTS OF CONDENSED CONSOLIDATED CASH FLOWS (unaudited) - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS PROVIDED (USED) BY OPERATING ACTIVITIES FROM CONTINUING OPERATIONS    
Net income $ 132 $ 834
Loss (Income) from discontinued operations (net of income taxes) 2 (764)
Adjustments to reconcile income from continuing operations to cash flows from operating activities:    
Depreciation and amortization 120 121
Original issue discount and debt issuance costs amortization 3 3
Deferred income taxes 15 (3)
Stock based compensation expense 12 9
Excess tax benefit on stock based compensation 2 1
Loss (Income) from restricted investments (48) 14
Asset impairments 4  
Pension contributions (3) (3)
Gain on pension and other postretirement plan remeasurements   (1)
Change in operating assets and liabilities [1] (212) (180)
Total cash flows provided by operating activities from continuing operations 27 31
CASH FLOWS PROVIDED (USED) BY INVESTING ACTIVITIES FROM CONTINUING OPERATIONS    
Additions to property, plant and equipment (58) (37)
Proceeds from disposal of property, plant and equipment   11
Proceeds from settlement of company-owned life insurance contracts 3  
Company-owned life insurance payments (1)  
Funds restricted for specific transactions (5) (44)
Reimbursements from restricted investments 16 28
Proceeds from sale of securities 15 46
Purchases of securities (15) (46)
Total cash flows used by investing activities from continuing operations (45) (42)
CASH FLOWS PROVIDED (USED) BY FINANCING ACTIVITIES FROM CONTINUING OPERATIONS    
Repurchase of common stock (142) (155)
Repayment of long-term debt   (250)
Repayment of short-term debt   (365)
Cash dividends paid (36) (34)
Stock based compensation employee withholding taxes paid in cash (10) (6)
Total cash flows used by financing activities from continuing operations (188) (810)
CASH USED BY CONTINUING OPERATIONS (206) (821)
Cash provided (used) by discontinued operations    
Operating cash flows (47) (73)
Investing cash flows 0 1,650
Total cash provided (used) by discontinued operations (47) 1,577
Effect of currency exchange rate changes on cash and cash equivalents 6 (2)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (247) 754
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 646 210
CASH AND CASH EQUIVALENTS - END OF PERIOD $ 399 $ 964
[1] Excludes changes resulting from operations acquired, sold or held for sale.