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Capital Stock
 12 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Capital Stock CAPITAL STOCK
Common Stock
Authorized common stock consists of 300 million shares with a par value of $1 per share. As of 30 September 2025, 249 million shares were issued, with 223 million issued and outstanding.
On 15 September 2011, the Board of Directors authorized the repurchase of up to $1.0 billion of our outstanding common stock. This program does not have a stated expiration date. If we repurchase shares pursuant to this authorization, we may do so under Rules 10b5-1 and 10b-18 under the Securities Exchange Act through repurchase agreements established with one or more brokers. We have not purchased any of our outstanding shares under this program since fiscal year 2013. As of 30 September 2025, $485.3 in share repurchase authorization remained available.
A summary of the changes in common shares issued and outstanding in fiscal year 2025 is presented below:
Fiscal Year Ended 30 September202520242023
Number of common shares, beginning of year222,372,418 222,199,845 221,838,696 
Issuance of treasury shares for stock option and award plans215,838 172,573 361,149 
Number of common shares, end of year
222,588,256 222,372,418 222,199,845 
Preferred Stock
Authorized preferred stock consisted of 25 million shares with a par value of $1 per share. There were no preferred shares issued or outstanding as of 30 September 2025 and 2024.