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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Sep. 30, 2019
Current assets    
Cash and cash equivalents $ 353 $ 232
Accounts receivable [1] 498 481
Inventories - Note F 611 597
Other assets 119 64
Current assets held for sale - Note B 64 59
Total current assets 1,645 1,433
Property, plant and equipment    
Cost 3,172 3,165
Accumulated depreciation 1,608 1,588
Net property, plant and equipment 1,564 1,577
Goodwill - Note G 1,723 2,253
Intangibles - Note G 1,044 1,088
Operating lease assets, net - Note I 144  
Restricted investments - Note E 277 310
Asbestos insurance receivable - Note L 145 157
Deferred income taxes 24 23
Other assets 402 410
Total noncurrent assets 5,323 5,818
Total assets 6,968 7,251
Current liabilities    
Short-term debt - Note H 471 166
Trade and other payables 255 313
Accrued expenses and other liabilities 218 271
Current operating lease obligations - Note I 23  
Current liabilities held for sale - Note B 5 7
Total current liabilities 972 757
Noncurrent liabilities    
Long-term debt - Note H 1,535 1,501
Asbestos litigation reserve - Note L 530 555
Deferred income taxes 250 264
Employee benefit obligations - Note K 151 150
Operating lease obligations - Note I 131  
Other liabilities 416 453
Total noncurrent liabilities 3,013 2,923
Commitments and contingencies - Note L
Stockholders’ equity 2,983 3,571
Total liabilities and stockholders' equity $ 6,968 $ 7,251
[1] Accounts receivable includes an allowance for doubtful accounts of $3 million at both March 31, 2020 and September 30, 2019.