XML 34 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Measurements (Tables)
9 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities at Fair Value
The following table sets forth, by level within the fair value hierarchy, the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis:

 
June 30, 2018
 
September 30, 2017
 
 
 
Quoted prices in active markets for identical assets
 
 
 
Quoted prices in active markets for identical assets
(In millions)
Fair value
 
Level 1
 
Fair value
 
Level 1
Assets
 
 
 
 
 
 
 
Cash equivalents (a)
$
16

 
$
16

 
$
46

 
$
46

Foreign currency derivatives (b)

 

 
1

 
1

Non-qualified trust funds (c)
28

 
28

 
30

 
30

Total assets at fair value
$
44

 
$
44

 
$
77

 
$
77

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Foreign currency derivatives (d)
$
2

 
$
2

 
$
1

 
$
1

Total liabilities at fair value
$
2

 
$
2

 
$
1

 
$
1

 
 
 
 
 
 
 
 
(a)
Included in Cash and cash equivalents in the Condensed Consolidated Balance Sheets.
(b)
Included in Other current assets in the Condensed Consolidated Balance Sheets.
(c)
As of June 30, 2018, $3 million of this balance is included in Other current assets, with the remainder included in Other noncurrent assets in the Condensed Consolidated Balance Sheets. As of September 30, 2017, this balance is included in Other noncurrent assets in the Condensed Consolidated Balance Sheets.
(d)
Included in Accrued expenses and other liabilities in the Condensed Consolidated Balance Sheets.
Summary of Fair Value of Debt
Carrying values shown in the following table are net of unamortized discounts and issuance costs.
 
June 30, 2018
 
September 30, 2017
(In millions)
Fair value
 
Carrying value
 
Unamortized discount and issuance costs
 
Fair value
 
Carrying value
 
Unamortized discount and issuance costs
2024 Notes
$
380

 
$
370

 
$
5

 
$
401

 
$
370

 
$
5

2025 Notes
386

 
395

 
5

 
408

 
394

 
6

Total
$
766

 
$
765

 
$
10

 
$
809

 
$
764

 
$
11