Acquisitions and Divestitures Acquisitions and Divestitures (Tables)

9 Months Ended

Jun. 30, 2017

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The purchase price of the valves & controls business was preliminarily allocated to assets and liabilities as follows. Valuations of acquired assets and liabilities are in-process and subject to refinement.



Accounts receivable	$	363
Inventory	562
Other current assets	27
Property, plant & equipment	405
Goodwill	1,373
Intangibles	988
Other assets	287
Assets held-for-sale, including deferred taxes	38
Total assets	4,043

Accounts payable	119
Other current liabilities	308
Deferred taxes and other liabilities	656
Cash paid, net of cash acquired	$	2,960

Business Acquisition, Pro Forma Information

The following unaudited proforma consolidated condensed financial results of operations are presented as if the acquisition of the valves & controls business occurred on October 1, 2015. The pro forma information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved had the acquisition occurred as of that time ($ in millions, except per share amounts).



	Three Months Ended June 30,			Nine Months Ended June 30,
	2016		2017	2016	2017

Net sales	$	4,101	4,132	11,864	11,677
Net earnings from continuing operations common stockholders	$	436	426	972	1,155
Diluted earnings per share from continuing operations	$	0.67	0.66	1.50	1.78