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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities    
Net earnings $ 593 $ 132
Earnings from discontinued operations, net of tax 0 27
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 383 422
Stock compensation 68 74
Amortization of acquisition-related inventory step-up 0 231
Total changes in operating working capital (154) (238)
Other, net (113) (204)
Cash from continuing operations 777 444
Cash from discontinued operations 0 (29)
Cash provided by operating activities 777 415
Investing activities    
Capital expenditures (83) (77)
Purchases of businesses, net of cash and equivalents acquired (37) (8,339)
Other, net (22) (37)
Cash from continuing operations (142) (8,453)
Cash from discontinued operations 0 1
Cash used in investing activities (142) (8,452)
Financing activities    
Net increase in short-term borrowings 2 2,647
Payments of long-term debt (2) 0
Dividends paid (301) (300)
Purchases of common stock (899) (175)
AspenTech purchases of common stock 0 (72)
Other, net (91) (45)
Cash provided by (used in) financing activities (1,291) 2,055
Effect of exchange rate changes on cash and equivalents (98) 7
Decrease in cash and equivalents (754) (5,975)
Beginning cash and equivalents 3,588 8,051
Ending cash and equivalents 2,834 2,076
Changes in operating working capital    
Receivables 156 94
Inventories (86) (97)
Other current assets (5) (3)
Accounts payable (53) (89)
Accrued expenses (166) (143)
Total changes in operating working capital $ (154) $ (238)