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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Net sales $ 4,432 $ 4,376 $ 8,608 $ 8,493
Cost of sales 2,061 2,092 4,002 4,293
Selling, general and administrative expenses 1,283 1,296 2,506 2,573
Gain on subordinated interest   0 0 (79)
Other deductions, net 418 330 646 781
Interest expense (net of interest income of $33, $45, $73 and $89, respectively) 41 57 50 101
Earnings from continuing operations before income taxes 629 711 1,404 886
Income taxes 199 162 382 178
Earnings from continuing operations 430 549 1,022 708
Discontinued operations, net of tax of $13, $—, $22 and $—, respectively 0 (46) 0 (73)
Net earnings 430 503 1,022 635
Less: Noncontrolling interests in subsidiaries (55) 2 (48) (8)
Net earnings common stockholders 485 501 1,070 643
Earnings common stockholders:        
Earnings from continuing operations 485 547 1,070 716
Discontinued operations $ 0 $ (46) $ 0 $ (73)
Basic earnings per share common stockholders:        
Earnings from continuing operations (in dollars per share) $ 0.86 $ 0.96 $ 1.89 $ 1.25
Discontinued operations (in dollars per share) 0 (0.08) 0 (0.13)
Basic earnings per common share (in dollars per share) 0.86 0.88 1.89 1.12
Diluted earnings per share common stockholders:        
Earnings from continuing operations (in dollars per share) 0.86 0.95 1.88 1.24
Discontinued operations (in dollars per share) 0 (0.08) 0 (0.12)
Diluted earnings per common share (in dollars per share) $ 0.86 $ 0.87 $ 1.88 $ 1.12
Weighted average outstanding shares:        
Basic (in shares) 563.0 571.4 565.7 571.1
Diluted (in shares) 565.4 574.1 568.2 573.7
Related Party        
Interest income from related party $ 0 $ (31) $ 0 $ (62)