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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Operating activities      
Net earnings $ 1,955 $ 13,200 $ 3,230
Earnings from discontinued operations, net of tax (350) (10,939) (1,347)
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 1,689 1,051 842
Stock compensation 260 250 125
Amortization of acquisition-related inventory step-up 231 0 0
Pension expense (income) (79) (71) 2
Pension funding (38) (43) (43)
Gain on subordinated interest (79) (161) (453)
Loss on Copeland note receivable 279 0 0
Changes in operating working capital (151) (148) (312)
Other, net (400) (429) 4
Cash from continuing operations 3,317 2,710 2,048
Cash from discontinued operations 15 (2,073) 874
Cash provided by operating activities 3,332 637 2,922
Investing activities      
Capital expenditures (419) (363) (299)
Purchases of businesses, net of cash and equivalents acquired (8,342) (705) (5,702)
Divestitures of businesses 0 0 17
Proceeds from subordinated interest 79 176 438
Other, net (114) (141) (138)
Cash from continuing operations (8,796) (115) (5,684)
Cash from discontinued operations 3,436 12,530 350
Cash provided by (used in) investing activities (5,360) 12,415 (5,334)
Financing activities      
Net increase (decrease) in short-term borrowings (15) (1,578) 1,241
Proceeds from short-term borrowings greater than three months 322 395 1,162
Payments of short-term borrowings greater than three months (327) (400) (1,165)
Proceeds from long-term debt 0 0 2,975
Payments of long-term debt (547) (741) (522)
Dividends paid (1,201) (1,198) (1,223)
Purchases of common stock (435) (2,000) (500)
AspenTech purchases of common stock (208) (214) 0
Other, net (44) (169) 80
Cash provided by (used in) financing activities (2,455) (6,823) 2,048
Effect of exchange rate changes on cash and equivalents 20 18 (186)
Increase (Decrease) in cash and equivalents (4,463) 6,247 (550)
Beginning cash and equivalents 8,051 1,804 2,354
Ending cash and equivalents 3,588 8,051 1,804
Changes in operating working capital      
Receivables (99) (191) (143)
Inventories 122 (160) (334)
Other current assets (149) (1) (56)
Accounts payable (16) (17) 147
Accrued expenses (9) 221 74
Changes in operating working capital (151) (148) (312)
Related Party      
Investing activities      
Proceeds from related party note receivable 0 918 0
Financing activities      
Payment of related party note payable $ 0 $ (918) $ 0