Acquisitions And Divestitures Acquisitions and Divestitures (Tables)

12 Months Ended

Sep. 30, 2018

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The purchase price of the 2018 acquisitions was preliminarily allocated to assets and liabilities as follows. Valuations of acquired assets and liabilities are in process and subject to refinement.

Accounts receivable	$	154
Inventory	196
Property, plant and equipment	129
Goodwill	1,188
Intangibles	1,012
Other assets	45
Total assets	2,724
Accounts payable	73
Other current liabilities	112
Deferred taxes and other liabilities	320
Cash paid, net of cash acquired	$	2,219

The purchase price of the valves & controls business was allocated to assets and liabilities as follows.

Accounts receivable	$	349
Inventory	516
Property, plant and equipment	339
Goodwill	1,476
Intangibles	1,076
Other assets	282
Total assets	4,038
Accounts payable	119
Other current liabilities	306
Deferred taxes and other liabilities	671
Cash paid, net of cash acquired	$	2,942

Business Acquisition, Pro Forma Information

	2017		2018
Net sales	$	17,148	18,186
Net earnings from continuing operations common stockholders	$	1,638	2,269
Diluted earnings per share from continuing operations	$	2.53	3.56