XML 110 R38.htm IDEA: XBRL DOCUMENT v3.3.0.814
Retirement Plans (Tables)
 12 Months Ended
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Schedule Of Retirement Plans Expense
Retirement plans expense includes the following components:
 
U.S. Plans
 
Non-U.S. Plans
 
2013

 
2014

 
2015

 
2013

 
2014

 
2015

Defined benefit plans:
 
 
 
 
 
 
 
 
 
 
 
     Service cost (benefits earned during the period)
$
70

 
59

 
69

 
31

 
32

 
37

     Interest cost
167

 
182

 
182

 
46

 
53

 
46

     Expected return on plan assets
(280
)
 
(286
)
 
(303
)
 
(50
)
 
(58
)
 
(58
)
     Net amortization and other
226

 
153

 
174

 
18

 
18

 
20

       Net periodic pension expense
183

 
108

 
122

 
45

 
45

 
45

Defined contribution plans
113

 
119

 
111

 
63

 
59

 
61

             Total retirement plans expense
$
296

 
227

 
233

 
108

 
104

 
106

The components of net postretirement benefits expense for the years ended September 30 follow:
 
2013

 
2014

 
2015

Service cost
$
2

 
1

 
1

Interest cost
12

 
11

 
9

Net amortization
(13
)
 
(21
)
 
(22
)
     Net postretirement expense
$
1

 
(9
)
 
(12
)
Reconciliations Of Actuarial Present Value Of Projected Benefit Obligations And Fair Value Of Plan Assets For Defined Benefit Pension Plans
Details of the changes in the actuarial present value of the projected benefit obligation and the fair value of plan assets for defined benefit pension plans follow:
 
U.S. Plans
 
Non-U.S. Plans
 
2014

 
2015

 
2014

 
2015

Projected benefit obligation, beginning
$
3,863

 
4,336

 
1,269

 
1,330

     Service cost
59

 
69

 
32

 
37

     Interest cost
182

 
182

 
53

 
46

     Actuarial (gain) loss
415

 
137

 
89

 
44

     Benefits paid
(174
)
 
(181
)
 
(36
)
 
(36
)
     Settlements
(14
)
 
(205
)
 
(14
)
 
(25
)
     Acquisitions (Divestitures), net
—

 
(70
)
 
(28
)
 
(4
)
     Foreign currency translation and other
5

 
(5
)
 
(35
)
 
(144
)
Projected benefit obligation, ending
$
4,336

 
4,263

 
1,330

 
1,248

 
 
 
 
 
 
 
 
Fair value of plan assets, beginning
$
4,112

 
4,473

 
899

 
988

     Actual return on plan assets
461

 
(137
)
 
106

 
49

     Employer contributions
85

 
20

 
45

 
33

     Benefits paid
(174
)
 
(181
)
 
(36
)
 
(36
)
     Settlements
(14
)
 
(205
)
 
(14
)
 
(25
)
     Acquisitions (Divestitures), net
—

 
(44
)
 
—

 
(2
)
     Foreign currency translation and other
3

 
2

 
(12
)
 
(72
)
Fair value of plan assets, ending
$
4,473

 
3,928

 
988

 
935

 
 
 
 
 
 
 
 
     Net amount recognized in the balance sheet
$
137

 
(335
)
 
(342
)
 
(313
)
 
 
 
 
 
 
 
 
Location of net amount recognized in the balance sheet:
 
 
 
 
 
 
 
Noncurrent asset
$
344

 
1

 
33

 
32

Current liability
(10
)
 
(11
)
 
(8
)
 
(8
)
Noncurrent liability
(197
)
 
(325
)
 
(367
)
 
(337
)
     Net amount recognized in the balance sheet
137

 
(335
)
 
(342
)
 
(313
)
 
 
 
 
 
 
 
 
Pretax accumulated other comprehensive loss
$
(961
)
 
(1,322
)
 
(346
)
 
(306
)
Details of the changes in actuarial present value of accumulated postretirement benefit obligations follow:
 
2014

 
2015

Benefit obligation, beginning
$
278

 
248

     Service cost
1

 
1

     Interest cost
11

 
9

     Actuarial (gain) loss
(12
)
 
(12
)
     Benefits paid
(17
)
 
(18
)
     Plan amendments
(13
)
 
—

     Divestitures
—

 
(15
)
Benefit obligation, ending (recognized in balance sheet)
$
248

 
213
Schedule Of Weighted-Average Assumptions Used In Valuations Of Pension Benefits
The weighted-average assumptions used in the valuation of pension benefits follow:
 
U.S. Plans
 
Non-U.S. Plans
 
2013

 
2014

 
2015

 
2013

 
2014

 
2015

Net pension expense
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.00
%
 
4.75
%
 
4.25
%
 
4.1
%
 
4.2
%
 
3.6
%
Expected return on plan assets
7.75
%
 
7.50
%
 
7.50
%
 
5.5
%
 
6.6
%
 
6.6
%
Rate of compensation increase
3.25
%
 
3.25
%
 
3.25
%
 
3.4
%
 
3.2
%
 
3.4
%
 
 
 
 
 
 
 
 
 
 
 
 
Benefit obligations
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.75
%
 
4.25
%
 
4.35
%
 
4.2
%
 
3.6
%
 
3.3
%
Rate of compensation increase
3.25
%
 
3.25
%
 
3.25
%
 
3.2
%
 
3.4
%
 
3.4
%
Schedule Of Asset Allocations And Weighted-Average Target Allocations
The fair values of defined benefit pension assets as of September 30, organized by asset class and by the fair value hierarchy of ASC 820, Fair Value Measurement, follow:
 
Level 1

 
Level 2

 
Level 3

 
Total

 
%

2015
 
 
 
 
 
 
 
 
 
U.S. equities
$
956

 
460

 
257

 
1,673

 
34
%
International equities
502

 
677

 
—

 
1,179

 
24
%
Emerging market equities
—

 
211

 
—

 
211

 
4
%
Corporate bonds
—

 
628

 
—

 
628

 
13
%
Government bonds
2

 
674

 
—

 
676

 
14
%
High-yield bonds
—

 
175

 
—

 
175

 
4
%
Other
140

 
67

 
114

 
321

 
7
%
     Total
$
1,600

 
2,892

 
371

 
4,863

 
100
%
 
 
 
 
 
 
 
 
 
 
2014
 
 
 
 
 
 
 
 
 
U.S. equities
$
1,097

 
535

 
184

 
1,816

 
33
%
International equities
589

 
767

 
—

 
1,356

 
25
%
Emerging market equities
—

 
279

 
—

 
279

 
5
%
Corporate bonds
—

 
594

 
—

 
594

 
11
%
Government bonds
2

 
720

 
—

 
722

 
13
%
High-yield bonds
—

 
181

 
—

 
181

 
3
%
Other
209

 
180

 
124

 
513

 
10
%
     Total
$
1,897

 
3,256

 
308

 
5,461

 
100
%
The Company's asset allocations at September 30, 2015 and 2014, and weighted-average target allocations follow:
 
U.S. Plans
 
Non-U.S. Plans
 
2014

 
2015

 
Target
 
2014

 
2015

 
Target
Equity securities
65
%
 
65
%
 
60-70%
 
55
%
 
55
%
 
50-60%
Debt securities
26

 
30

 
25-35
 
32

 
32

 
25-35
Other
9

 
5

 
3-10
 
13

 
13

 
10-20
     Total
100
%
 
100
%
 
100%
 
100
%
 
100
%
 
100%
Reconciliation Of Change In Value For Level 3 Assets
Details of the changes in value for Level 3 assets follow:
 
2014

 
2015

Level 3, beginning
$
250

 
308

     Gains (Losses) on assets held
(18
)
 
18

     Gains (Losses) on assets sold
21

 
(20
)
     Purchases, sales and settlements, net
55

 
65

Level 3, ending
$
308

 
371