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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Sep. 30, 2018
Current assets    
Cash and cash equivalents $ 159 $ 96
Accounts receivable, net 401 409
Inventories, net 194 176
Prepaid expenses and other current assets 43 44
Total current assets 797 725
Noncurrent assets    
Property, plant and equipment, net 498 420
Goodwill and intangibles, net 504 448
Equity method investments 34 31
Deferred income taxes 123 138
Other noncurrent assets 108 92
Total noncurrent assets 1,267 1,129
Total assets 2,064 1,854
Current liabilities    
Current portion of long-term debt 15 30
Trade and other payables 171 178
Accrued expenses and other liabilities 237 203
Total current liabilities 423 411
Noncurrent liabilities    
Long-term debt 1,327 1,292
Employee benefit obligations 387 333
Other noncurrent liabilities 185 176
Total noncurrent liabilities 1,899 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 September 30, 2019 and 2018 2 2
Paid-in capital 13 7
Retained deficit (284) (399)
Accumulated other comprehensive income 11 32
Total stockholders’ deficit (258) (358)
Total liabilities and stockholders’ deficit $ 2,064 $ 1,854