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Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Sep. 30, 2021
Sep. 30, 2020
Current assets    
Cash and cash equivalents $ 230 $ 760
Receivables, net 496 433
Inventories, net 258 199
Prepaid expenses and other current assets 53 46
Total current assets 1,037 1,438
Noncurrent assets    
Property, plant and equipment, net 817 613
Operating lease assets 307 261
Goodwill and intangibles, net 775 529
Equity method investments 47 44
Deferred income taxes 14 34
Other noncurrent assets 194 132
Total noncurrent assets 2,154 1,613
Total assets 3,191 3,051
Current liabilities    
Current portion of long-term debt 17 0
Trade and other payables 246 189
Accrued expenses and other liabilities 306 255
Total current liabilities 569 444
Noncurrent liabilities    
Long-term debt 1,677 1,962
Employee benefit obligations 258 317
Deferred income taxes 26 1
Operating lease liabilities 274 231
Other noncurrent liabilities 252 172
Total noncurrent liabilities 2,487 2,683
Commitments and contingencies
Stockholders’ equity (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, 180 and 185 shares issued and outstanding at September 30, 2021 and 2020, respectively 2 2
Paid-in capital 35 24
Retained earnings (deficit) 90 (110)
Accumulated other comprehensive income 8 8
Total stockholders’ equity (deficit) 135 (76)
Total liabilities and stockholders’ equity (deficit) $ 3,191 $ 3,051
Common stock issued (in shares) 180 185
Common stock outstanding (in shares) 180 185