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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Sep. 30, 2018
Current assets    
Cash and cash equivalents $ 126 $ 96
Accounts receivable, net 423 409
Inventories, net 200 176
Prepaid expenses and other current assets 52 44
Total current assets 801 725
Noncurrent assets    
Property, plant and equipment, net 455 420
Goodwill and intangibles, net 490 448
Equity method investments 35 31
Deferred income taxes 113 138
Other noncurrent assets 106 92
Total noncurrent assets 1,199 1,129
Total assets 2,000 1,854
Current liabilities    
Current portion of long-term debt 7 30
Trade and other payables 163 178
Accrued expenses and other liabilities 242 203
Total current liabilities 412 411
Noncurrent liabilities    
Long-term debt 1,334 1,292
Employee benefit obligations 322 333
Other noncurrent liabilities 184 176
Total noncurrent liabilities 1,840 1,801
Commitments and contingencies
Stockholders’ deficit    
Preferred stock, no par value, 40 shares authorized; no shares issued and outstanding 0 0
Common stock, par value $0.01 per share, 400 shares authorized;188 shares issued and outstanding at June 30, 2019 and September 30, 2018 2 2
Paid-in capital 13 7
Retained deficit (291) (399)
Accumulated other comprehensive income 24 32
Total stockholders’ deficit (252) (358)
Total liabilities and stockholders’ deficit $ 2,000 $ 1,854