INCOME TAXES (Tables)

12 Months Ended

Sep. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of Pretax Earnings from Continuing Operations

Pretax earnings from continuing operations consist of the following:

	2022		2023	2024
United States	$	1,345	1,529	712
Non-U.S.	1,087		1,374	1,308
Total pretax earnings	$	2,432	2,903	2,020

Schedule of Principal Components of Income Tax Expense

The principal components of income tax expense follow:

	2022		2023	2024
Current:
U.S. federal	$	315	463	325
State and local	36		47	34
Non-U.S.	306		369	452
Deferred:
U.S. federal	(92)		(159)	(284)
State and local	(13)		(17)	(18)
Non-U.S.	(3)		(61)	(94)
Income tax expense	$	549	642	415

Schedule of Reconciliations of U.S. Federal Statutory Tax Rate

Reconciliations of the U.S. federal statutory income tax rate to the Company's effective tax rate follow.

	2022		2023		2024
U.S. federal statutory rate	21.0	%	21.0	%	21.0	%
State and local taxes, net of U.S. federal tax benefit	0.7		0.8		0.6
Non-U.S. rate differential	1.2		0.8		2.0
Non-U.S. tax holidays	(1.1)		(0.8)		(1.7)
Research and development credits	(0.5)		(0.5)		(1.2)
Foreign derived intangible income	(2.0)		(2.6)		(3.8)
U.S. taxation of Non-U.S. Earnings	0.4		1.3		2.1
Subsidiary restructuring	0.8		—		(2.9)
Test & Measurement purchase accounting	—		—		1.7
Russia business exit	2.0		0.2		—
Other	0.1		1.9		2.8
Effective income tax rate	22.6	%	22.1	%	20.6	%

Schedule of Reconciliation of Unrecognized Tax Benefits

	2023		2024
Unrecognized tax benefits, beginning	$	167	235
Additions for current year tax positions	78		59
Additions for prior year tax positions	13		18
Reductions for prior year tax positions	(10)		(22)
Acquisitions and divestitures	—		13
Reductions for settlements with tax authorities	(5)		(7)
Reductions for expiration of statutes of limitations	(8)		(5)
Unrecognized tax benefits, ending	$	235	291

Schedule of Deferred Income Tax Assets and Liabilities

The principal items that gave rise to deferred income tax assets and liabilities follow:

	2023		2024
Deferred tax assets:
Net operating losses, capital losses and tax credits	$	253	283
Accrued liabilities	153		149
Postretirement and postemployment benefits	17		17
Employee compensation and benefits	103		121
Other	158		176
Total	$	684	746
Valuation allowances	$	(164)	(256)
Deferred tax liabilities:
Intangibles	$	(1,387)	(2,161)
Pensions	(151)		(193)
Property, plant and equipment	(148)		(121)
Undistributed non-U.S. earnings	(32)		(36)
Deferred gains	(596)		(21)
Other	(75)		(32)
Total	$	(2,389)	(2,564)
Net deferred income tax liability	$	(1,869)	(2,074)