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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Net sales $ 17,492 $ 15,165 $ 13,804
Cost of sales 8,607 7,738 7,498
Selling, general and administrative expenses 5,142 4,186 3,614
Gain on subordinated interest (79) (161) (453)
Loss on Copeland note receivable 279 0 0
Other deductions, net 1,434 506 519
Interest expense, net of interest income of: 2022, $34; 2023, $227; 2024, $148 175 34 194
Earnings from continuing operations before income taxes 2,020 2,903 2,432
Income taxes 415 642 549
Earnings from continuing operations 1,605 2,261 1,883
Discontinued operations, net of tax of $306, $2,969 and $85, respectively 350 10,939 1,347
Net earnings 1,955 13,200 3,230
Less: Noncontrolling interests in earnings of subsidiaries (13) (19) (1)
Net income (loss) attributable to shareholders 1,968 13,219 3,231
Earnings common stockholders:      
Earnings from continuing operations 1,618 2,286 1,886
Discontinued operations $ 350 $ 10,933 $ 1,345
Basic earnings per share common stockholders:      
Earnings from continuing operations, basic (in dollars per share) $ 2.83 $ 3.98 $ 3.17
Discontinued operations, basic (in dollars per share) 0.61 19.02 2.27
Basic earnings per common share (in dollars per share) 3.44 23.00 5.44
Diluted earnings per share common stockholders:      
Earnings from continuing operations, diluted (in dollars per share) 2.82 3.96 3.16
Discontinued operations, diluted (in dollars per share) 0.61 18.92 2.25
Diluted earnings per common share (in dollars per share) $ 3.43 $ 22.88 $ 5.41
Weighted average outstanding shares:      
Basic (in shares) 571.3 574.2 592.9
Diluted (in shares) 574.0 577.3 596.3
Related Party      
Interest income from related party $ (86) $ (41) $ 0